Company: UZF
Filing Date: 2025-08-04
Form Type: 8-K
Source: 0001104659-25-073368
Chunk: 0

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-08-04
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01. Entry into a Material Definitive Agreement

Master License Agreement

On August 1, 2025, in connection with the consummation of the
transactions contemplated by the Purchase Agreement (the “ Closing”), ADI Leasing Company, LLC, a subsidiary of Array (“ Licensor”),
and T-Mobile USA, Inc., a subsidiary of Buyer(“ Licensee” or
“ T-Mobile USA” and, together with Buyer, “ T-Mobile”), entered into the previously disclosed Master License
Agreement (the “ MLA”), pursuant to which, among other things, Licensee has agreed to license from Licensor, for a minimum
of 15 years, space on a minimum of 2,015 existing or to-be-constructed towers owned by Licensor and its affiliates (the “ Commitment”).
As set forth in the MLA, the Commitment is subject to reduction in certain instances, including in the event of third-party consents not
obtained with respect to certain sites subject to the MLA. In addition, the MLA provides for an interim license, for up to 30 months,
on an additional approximately 1,800 towers owned by Licensor and its affiliates in order to ensure a smooth transition.

Further, pursuant to the MLA, Licensee has agreed to extend the license
term for the approximately 600 towers owned by Licensor and its affiliates on which Licensee or its affiliates is already a tenant (the
“ Existing Sites”) for a new 15-year term commencing as of the date of the MLA. The Existing Sites are governed by certain
existing agreements between Licensor and its affiliates, on the one hand, and Licensee and its affiliates, on the other hand (the “ Prior
Agreements”), and except for the license term extension described in the foregoing sentence, all other terms and conditions of the
Prior Agreements will continue to govern the Existing Sites and the other terms and conditions of the MLA, including those terms of the
MLA described below, will not apply to the Existing Sites.

The MLA provides for specified license fees for the various categories
of towers. Other than for interim sites, the license fees are subject to an annual escalator applicable after the first year. The license
fee for specific sites is subject to adjustment as described in the MLA, including reduced site fees for microwave only sites. In addition
to the license fee, the MLA provides for certain additional fees and costs payable by Licensee to Licensor and reimbursement of certain