0001019155-07-000304 Sample Contracts

Contract
Trust Agreement • October 18th, 2007 • Maxcom Telecommunications Inc • Telephone communications (no radiotelephone)

IRREVOCABLE NEUTRAL INVESTMENT AND EXERCISE OF VOTING RIGHTS TRUST AGREEMENT NUMBER 80256 ENTERED INTO BY AND BETWEEN MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V. (HEREINAFTER, “MAXCOM”), REPRESENTED HEREIN BY GONZALO ALARCON ITURBIDE, ON THE ONE HAND, AND NACIONAL FINANCIERA, SOCIEDAD NACIONAL DE CRÉDITO, INSTITUCIÓN DE BANCA DE DESARROLLO, DIRECCIÓN FIDUCIARIA (HEREINAFTER THE “TRUSTEE”), REPRESENTED HEREIN BY JUAN MANUEL ALTAMIRANO LEON, GENERAL TRUST DELEGATE, ON THE OTHER, IN ACCORDANCE WITH THE FOLLOWING RECITALS AND CLAUSES:

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