VERIZON COMMUNICATIONS INC. 1095 Avenue of the Americas October 26, 2002 New York, New York 10036 Genuity Inc. 225 Presidential Way Woburn, MA 01801 JP Morgan Chase Bank, as Agent, and each of the Lenders, as defined herein FOURTH STANDSTILL AGREEMENT...Fourth Standstill Agreement • November 14th, 2002 • Genuity Inc • Services-computer programming, data processing, etc.
Contract Type FiledNovember 14th, 2002 Company IndustryReference is made to: (i) the Credit Agreement, dated as of March 5, 2001 (as amended from time to time, the "Credit Agreement"), by and between Verizon Investments Inc., a Delaware corporation ("Verizon Investments") and Genuity Inc., a Delaware corporation ("Genuity"); (ii) the $2,000,000,000 Amended and Restated Credit Agreement , dated as of September 24, 2001 (as amended from time to time, the "Revolving Credit Agreement"), among Genuity, JP Morgan Chase Bank, as agent (the "Agent"), the lenders party thereto (the "Lenders") and the other parties party thereto; and (iii) Standstill Agreement No. 5, dated as of October 26, 2002 (as in effect on the date hereof, "Standstill Agreement No. 5"), between Genuity and the Lenders party thereto. Capitalized terms not otherwise defined herein shall have the meanings specified therefor in the Credit Agreement.