AGREEMENTAgreement • May 18th, 2005 • Verizon Communications Inc • Telephone communications (no radiotelephone)
WHEREAS, on February 22, 2005, Verizon Communications Inc., acting on its behalf and on behalf of Eli Acquisition, LLC, (collectively “Verizon”) filed with the Federal Trade Commission and the United States Department of Justice (the “Department”) a notification pursuant to the Hart-Scott-Rodino Act, 15 U.S.C. § 18a, regarding a proposed purchase by Verizon of all of the shares of MCI, Inc. (the “Merger”) pursuant to the Agreement and Plan of Merger, dated as of February 14, 2005 (as amended from time to time, the “Merger Agreement”), among Verizon, MCI, and Eli Acquisition LLC, and the Department is currently investigating the proposed Merger;
TRUST AGREEMENTTrust Agreement • May 18th, 2005 • Verizon Communications Inc • Telephone communications (no radiotelephone) • New York
AMONG Verizon Communications Inc., and Eli Acquisition, LLC (collectively, “Verizon”) and Dick Thornburgh (“Trustee”), with respect to approximately 43.4 million shares of common stock of MCI, Inc., that Verizon has agreed to purchase from eight entities affiliated with Carlos Slim Helu, and such other shares of MCI as Verizon may purchase from third parties with the approval of the United States Department of Justice (the “Shares”).
