HMC AGREEMENTHMC Agreement • December 12th, 2003 • Flag Telecom Group LTD • Telephone communications (no radiotelephone) • New York
Contract Type FiledDecember 12th, 2003 Company Industry JurisdictionAGREEMENT dated as of December 4, 2003 (this “Agreement”) among Reliance Gateway Net Limited, a company incorporated under the laws of India (“Reliance Gateway”), FLAG Telecom Group Limited, a company incorporated under the laws of Bermuda (the “Company”), and Harbert Distressed Investment Master Fund Ltd., a Cayman Islands corporation (“Shareholder”).