TRANSLATION FROM SPANISHTrust and Mandate Agreement • September 12th, 2007 • Maxcom Telecommunications Inc • Telephone communications (no radiotelephone)
TRUST AND MANDATE AGREEMENT ENTERED INTO BY AND BETWEEN, AS TRUSTOR AND TRUST BENEFICIARY IN SECOND PLACE AND PRINCIPAL, MAXCOM TELECOMUNICACIONES, S.A. DE C.V., HEREINAFTER REFERRED TO AS “MAXCOM”, REPRESENTED BY ITS AGENTS, MESSRS. ADRIAN AGUIRRE GOMEZ AND ALEJANDRO MARTINEZ ALVAREZ; AND BANCO NACIONAL DE MEXICO, S.A., (INSTITUCION DE CREDITO) AS TRUSTEE, HEREINAFTER REFERRED TO AS THE “TRUSTEE AND AGENT”, REPRESENTED BY ITS TRUST DELEGATES, MESSRS. GUADALUPE MUÑOZ RESENDES AND GUSTAVO VOMEND ALVAREZ, ACCORDING TO THE FOLLOWING RECITALS AND CLAUSES:
