ContractConfidentiality Agreement • July 14th, 2003 • Grupo Iusacell Sa De Cv • Telephone communications (no radiotelephone)
CONFIDENTIALITY AGREEMENT BY AND AMONG GRUPO IUSACELL, S.A. DE C.V., REPRESENTED BY CARLOS ESPINAL GUIFARRO (“IUSACELL”), AND MOVIL ACCESS, S.A. DE C.V., TV AZTECA, S.A. DE C.V., ELEKTRA, S.A. DE C.V., UNEFON, S.A. DE C.V. AND BIPER, S.A. DE C.V., EACH OF THEM REPRESENTED BY PEDRO PADILLA LONGORIA (THE “COMPANIES”), IN ACCORDANCE WITH THE FOLLOWING RECITALS AND CLAUSES:
DENNISON LETTERHEAD) PRIVATE AND CONFIDENTIALPrivate and Confidential • July 14th, 2003 • Grupo Iusacell Sa De Cv • Telephone communications (no radiotelephone) • New York
As you may be aware, Grupo Iusacell, S.A. de C.V. (“Iusacell”) is in the process of being sold. In anticipation of the sale of Iusacell, it is crucial that we continue to conduct business as usual during the period preceding the date of the sale of the business (the “Closing Date”) and that we retain people like yourself whose skill is essential to Iusacell’s ongoing business efforts. Accordingly, this letter is intended to provide you with an incentive to continue your employment with Iusacell through the Closing Date or, should the proposed sale of Iusacell be terminated, through the date of such termination (the “Termination Date”).
