Re: Retention BonusRetention Bonus Agreement • December 10th, 2020 • GTT Communications, Inc. • Telephone communications (no radiotelephone) • Delaware
On behalf of GTT Communications, Inc. (“GTT”, and together with its subsidiaries, the “Company” or “we”), we are pleased to offer you the opportunity to receive a retention bonus as set forth below if you agree to the terms and conditions contained in this letter agreement (this “Agreement”), which will be effective as of the date you execute and return a copy of this Agreement (such date, the “Effective Date”). In order to be eligible for the Retention Bonus you must sign and return this Agreement to GTT by December 10, 2020, agreeing to the terms specified in this Agreement, otherwise the Agreement shall be null and void.
FORBEARANCE EXTENSION AGREEMENTForbearance Extension Agreement • December 10th, 2020 • GTT Communications, Inc. • Telephone communications (no radiotelephone) • New York
This Forbearance Extension Agreement (this “Agreement”) is entered into as of December 10, 2020, by and among GTT Communications, Inc., a Delaware corporation (the “U.S. Borrower”), GTT Communications, B.V., a company organized under the laws of the Netherlands (the “EMEA Borrower” and, together with the U.S. Borrower, the “Borrowers”), each other Credit Party party hereto, each of the undersigned Lenders (which constitute the Required Revolving Lenders) and KeyBank National Association, as Administrative Agent under the Credit Agreement (together with the Borrowers and the undersigned Lenders, the “Parties”).
