0000950103-15-002999 Sample Contracts

USD 100,000,000 LOAN AGREEMENT Dated 15 April 2014 between TIM Celular S.A. as the Company and KfW as the Lender Loan No.: 26408 To extend the geographical coverage and increase the capacity of the Company’s GSM and UMTS mobile broadband networks
Agreement • April 15th, 2015 • Tim Participacoes Sa • Telephone communications (no radiotelephone)

WHEREAS the Company entered into a loan agreement with the European Investment Bank dated 13 July 2012 to extend the geographical coverage and increase the capacity of the Company’s GSM and UMTS mobile broadband networks.

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Facility Agreement
Facility Agreement • April 15th, 2015 • Tim Participacoes Sa • Telephone communications (no radiotelephone)

FACILITY AGREEMENT Reference number TIMLAF2LT to Master Loan Agreement Reference No. TIMLALT (the “Master”), is entered into as of the date October 14th, 2014 (the “Effective Date”)

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