exv10w85



 





EXHIBIT
10.85



EXECUTION
COPY




FIRST AMENDMENT TO THE

SHARE AND ASSET SALE AGREEMENT



between



NORTEL



and



ALCATEL LUCENT




1









 








FIRST AMENDMENT TO THE



SHARE AND ASSET SALE AGREEMENT




     THIS FIRST AMENDMENT TO THE SHARE AND ASSET SALE AGREEMENT (this “Amendment”) dated December
29, 2006, is entered by and between Alcatel Lucent, a société anonyme organized under the laws of
France, registered with the Paris Registry of Companies under number B 542 019 096, with offices 54
rue la Boétie, 75008 Paris (the “Purchaser”), and Nortel Networks Limited, a corporation organized
under the laws of Canada, with offices at 195 The West Mall, T05-04-005, Toronto, Ontario M9C 5K1,
Canada (the “Seller”).



     WHEREAS, Purchaser and Seller have entered into a Share and Asset Sale Agreement dated as of
December 4, 2006, (the “Share and Asset Sale Agreement”).



     WHEREAS, Purchaser and Seller desire to enter into this Amendment to amend certain provisions
of the Share and Asset Sale Agreement in accordance with the terms set forth herein.



     NOW, THEREFORE, in consideration of the premises and mutual covenants and conditions herein
contained, Purchaser and Seller hereby agree as follows:



ARTICLE 1

DEFINITIONS



Unless otherwise defined herein, capitalized terms used herein shall have the respective meanings
ascribed to them in the Share and Asset Sale Agreement.




ARTICLE 2

FRENCH ACQUISITION STRUCTURE



2.1 Contribution Agreement



The parties agree that Contribution Agreement is the Convention d’Apport en Nature entered into
between NN SA and Diselec on December 22, 2006. The Contribution Agreement is subject to the
provisions of the Share and Asset Sale Agreement as amended hereby; in case of inconsistency
between the terms of the Contribution Agreement and the Share and Asset Sale Agreement, the
provisions of the Share and Asset Sale Agreement shall prevail.



2.2 Certain Employee Liabilities



The parties agree that the price for the sale of the Shares shall amount to USD 63,690,336. Such
price shall be reduced by the amount of the liabilities set forth in Exhibit 4 of the Contribution
Agreement relating to the employees transferred to Diselec, as such amount shall be determined and
paid pursuant to the provisions of clause 4 of Part 2 of Schedule 7 to the Share and Asset Sale
Agreement. All other employee liabilities relating to said employees accrued up to the Effective
Time shall be governed by paragraph 1 of Part 2 of Schedule 7 to the Share and Asset Sale
Agreement.



2.3 Diselec Employment Liabilities Costs



Seller and Purchaser agree that if NN SA books and deducts for tax purposes in its December 31,
2006 accounts a reserve corresponding to the employment related liabilities referred to in the
second sentence of Section 2.2 above and if the deduction of such reserve is denied by the tax
authorities, Purchaser shall pay to NN SA an amount equal to 80% of any interest and penalties paid
to the tax authorities by NN SA as a result of such denial and any corresponding reasonable
attorney’s fees.




2









 







2.4 Shares Adjustment Price



Article 2.1 of the Contribution Agreement provides that in the event the net book value of the
Contribution as determined as of the Closing Date falls short of 921,076 Euros, the Seller shall
cause NN SA to pay to Diselec a cash complementary contribution in the same amount (the “Cash
Complement”). In the event such Cash Complement is paid, the price of the Shares shall be increased
in the same amount and such amount to be immediately paid by Alcatel CIT to NN SA.



Accordingly, Seller and Purchaser agree to modify Article 2.2.3 of the Sale and Asset Share
Purchase Agreement to provide that the Purchase Price shall be, as the case may be, increased by
the amount of the Cash Complement.



2.5 French Acquisition Structure costs



Purchaser agrees to pay to the Seller on the Closing Date an amount of USD 125,000 as a
reimbursement of certain costs associated with the French Acquisition Structure, which amount comes
in full settlement as to any costs that the Designated Sellers may have incurred in relation
therewith and which the Designated Sellers may wish to claim from the Designated Purchasers.




ARTICLE 3

ADMINISTRATIVE SERVICES



Seller and Purchaser agree to modify Article 5.11(3) of the Sale and Asset Sale Agreement in the
following manner:





     “(3) mainly relating to the Business or, if for equipment used to provide
Administrative Services either (a) exclusively used by the Business or (b) mainly used by
the Business if (i) determined by the Steering Committee acting reasonably and in good faith
by majority vote provided such asset is required for the operation of the Business by the
Purchaser and (ii) is not or will not be used by a Designated Seller to provide any of the
services under the Transition Services Agreement.”



ARTICLE 4

REIMBURSEMENTS



Seller shall be entitled to invoice Purchaser post Closing Date and Purchaser shall pay Seller for
a) any services rendered by Seller to Purchaser in connection with work performed by Seller under
the IUB Cooperation Agreement to the extent the Seller would have a contractual right to such
payment under the said agreement, and b) work performed by Seller at the request of Purchaser under
the Sales Support Agreement and the Customer Reseller Agreement (and more specifically in
connection with sales support and support for the trial for SFR and Telecom Italia), each of which
were signed prior to the execution of the Share and Asset Sale Agreement, to the extent the Seller
would have a contractual right to such payment under the said agreements. Purchaser and Seller
shall discuss in good faith justified compensation for any other services performed by Seller at
the written request of Purchaser prior to the Closing Date, provided it can be demonstrated that
these services were not in furtherance of the Share and Asset Sale Agreement and its Ancillary
Agreements.




3









 








ARTICLE 5

PURCHASE PRICE ALLOCATION



Seller and Purchaser agree that the allocation of the Purchase Price (net of the adjustments
provided under Section 2.2.3 of the Sale and Asset Sale Agreement) is set forth in Exhibit 5
hereto.



The Seller and the Purchaser shall cause Designated Sellers and Designated Purchasers to enter, as
necessary, into amendments to the Local Asset Sale Agreements to reflect the above mentioned
allocation of the Purchase Price.




ARTICLE 6

CUSTOMER CREDIT NOTES



Notwithstanding the provisions of Section 2.1.4 of the Agreement, to the extent any Seller
liability under a credit note is transferred by any Designated Seller to a Designated Purchaser,
either through a Local Asset Agreement, the assignment of a Seller Contract or in any other manner,
the Seller shall, or shall cause the relevant Designated Seller, to indemnify the relevant
Designated Purchaser within 30 days of the Designated Purchaser having applied such credit note
against any amount invoiced by such Designated Purchaser to the relevant customer to the extent it
is contractually required to apply such credit note.



As of Closing, the customer credit notes estimated amount is the following:





	 	•	 	Partner: 441,000.00$
	 
	 	•	 	Orange: 4,500,000.00$
	 
	 	•	 	Vodafone: 3,500,000.00$




To the Knowledge of Seller, there are no other credit notes that could be transferred to the
Designated Purchasers.



To the extent such outstanding credit notes are linked to pre-Closing purchase orders and that all
or part of these purchase orders are to be invoiced by and paid to a Designated Purchaser
post-Closing, notwithstanding that these obligations are pre-Closing liabilities (since linked to
past purchase orders) and are therefore Excluded Liabilities according to the Share and Asset Sale
Agreement, the relevant Designated Purchaser will assume a pro-rata share of such credit notes
based on the pro-rata of purchase orders such Designated Purchaser will have invoiced post-Closing.




ARTICLE 7

REVISED EXHIBITS



7.1 Exhibit 2.1.1.(3)



Seller and Purchaser agree to replace Exhibit 2.1.1.(3) of the Share and Asset Sale Agreement by
Exhibit 2.1.1 (3) hereto.



7.2 Exhibit 5.9(A)



Seller and Purchaser agree to replace Exhibit 5.9(A) of the Share and Asset Sale Agreement by
Exhibit 5.9 (A) hereto.



7.3 Exhibit O



Seller and Purchaser agree to replace Exhibit O of the Share and Asset Sale Agreements by Exhibit O


4









 






hereto.



7.4 Schedule 1.5



Seller and Purchaser agree to modify Schedule 1.5 of the Share and Asset Sale Agreements, to
include one additional Known Product Defect described in Schedule 1.5 hereto.



7.5 Schedule 7



Seller and Purchaser agree to modify exhibit E1, E2 and E 4 of Schedule 7 of the Share and Asset
Sale Agreements by exhibit E1, E2 and E 4 of Schedule 7 hereto.



7.6 JV License Agreements



Attached hereto under Exhibit 7.6 are copies of two licence amendments between (a) Seller and GDNT
and (b) Seller and LG-Nortel Co. Ltd.




ARTICLE 8

CLOSING



To the extent that any conditions to Closing set forth Article 10 of the Share and Asset Sale
agreement have not been satisfied, Seller and Purchaser hereby acknowledge that each of these
Closing conditions has been waived.



To the extent such conditions have not been satisfied on Closing Date, each party shall make
reasonable efforts post Closing to complete them.




In particular, (a) the parties shall agree on the terms of the Subcontract Agreement and (b) the
Seller shall, or shall cause the Designated Sellers:



     (i) to make all reasonable efforts to perform within a reasonable time after Closing the
unbundling of the following Seller Contracts (Section 10.5 of the Share and Asset Sale Agreement)
listed in Exhibit 2.1.1(3) hereto;



     (ii) with regards to the Third Party Software License Agreements (Section 10.8 of the Share
and Asset Sale Agreement), assist the Designated Purchasers in connection with providing them
information with respect to licenses of the Designated Sellers and the entities from which the
Designated Purchasers are attempting to obtain a similar license.


Unless waived by a customer, Alcatel shall cause to be issued performance bonds, where required
under a Seller Contract.




ARTICLE 9

CLOSING PAYMENT



Seller and Purchaser agree that payments of the Purchase Price shall be on Closing Date:





	 	a)	 	Amount allocated to the Assets and Assumed Liabilities: USD 292,747,647 (net of
a Pre-Closing Owned Equipment Shortfall of USD 1,252,353 as per Section 2.2.3(v));
	 
	 	b)	 	Plus balance of payment to be made as per Section 2.2.1: USD 26,000,000;
	 
	 	c)	 	Less Purchase Price reduction as per Section 2.2.3(i), (ii), (iii) and (vi):
USD 12,496,318;
	 
	 	d)	 	Net amount to be paid at Closing (a) +(b) — (c): USD 306,251,329 out of which
302,065,583 to be paid directly by the Purchaser to the Seller and the equivalent of
USD 4,185,746 to be paid in RMB to the Designated Sellers located in China.




5









 











ARTICLE 10

ENTIRE AGREEMENT



The following sentence is added at the end of Section 11.15 of the Share and Asset Sale Agreement,
which Section remains otherwise unchanged:



“In the event of any irreconcilable conflict between this Agreement and any of the Local Asset Sale
Agreements and the License Agreement, the provisions of this Agreement shall prevail, regardless
that certain Local Asset Sale Agreement may be subject to different governing laws.”




ARTICLE 11

MISCELLANEOUS



11.1 Other provisions



The provisions of the Share and Asset Sale Agreement that are not amended hereby remain in full
force and effect.



11.2 Governing Law; Submission to Jurisdiction



This Amendment shall be construed in accordance with and governed by the Laws of the French
Republic, without giving effect to its conflict of laws principles.



The Parties hereto irrevocably agree that all disputes, claims or matters arising out of or in any
connection with this Amendment shall be subject to the Rules of Arbitration of the International
Chamber of Commerce; the arbitration shall take place in London (England) and shall be held in the
English language.




6









 







IN WITNESS WHEREOF, the Parties have duly executed this Amendment as of the date first written
above.




	 	 	 	 	 	 	 	 	 	 	 
	NORTEL NETWORKS LIMITED	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:
	 	/s/ A.A. Navaratnam	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	Name:	 	A.A. Navaratnam	 	 	 	 	 	 
	 

	 	Title:	 	Attorney-in-Fact	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	ALCATEL LUCENT	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:
	 	/s/ L.A. Sadiq	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	Name:	 	L.A. Sadiq	 	 	 	 	 	 
	 

	 	Title:	 	Attorney-in-Fact	 	 	 	 	 	 







7










 





Exhibit 2.1.1.(3)




Bundled Contracts which are to be “Unbundled” and Assigned/Novated to Purchaser

on Closing Date




	 	 	 	 	 
	 	 	 	 	Purchaser Entity to be
	Contract Parties	 	Contract Type	 	Assigned/Novated to
	France Telecom S.A, located
at 6, Place d’Alleray,
75505 Paris Cedex 15 and
Nortel Networks S.A.
located at Parc d’Activités
de Magny-Châteaufort, 78117
Châteaufort.

	 	Corporate sourcing contract

n° 06 CG 643 for the
purchase of UTRAN products
and software releases and
related services


AND 


Maintenance Corporate
Sourcing Contrat for 3G
Ran Products N° 06 CG 645
	 	Alcatel CIT SA, 7/9 Avenue

Morane Saulnier, 78141

Vélizy, France
	 
	 	 	 	 
	Mobistar SA/NV, Rue Colonel
Bourg 149, 1140 Brussels,
Belgium and Nortel Networks
NV, , a Ikaroslaan 14,
B-1930 Zaventem, Belgium

	 	Local Implementation
Contract N°9262 for the
Supply of 3G Radio Access
Products and Software
Releases and associated
Services on Belgium
territories.


AND 


Local Implementation
Contract for 3G RAN
Maintenance N°9264
	 	Alcatel Bell NV,
Copernicuslaan 50, B-2018
Antwerpen, Belgium.
	 
	 	 	 	 
	ORANGE FRANCE, 1 avenue
Nelson Mandela 94745
Arcueil Cédex,
And Nortel Networks SA,
Parc d’Activités de Magny
Châteaufort, 78117
Châteaufort

	 	Contrat d’application
N°416 618 au Corporate
Sourcing Contract
N°06CG643 pour la
fourniture de produits, de
paliers logiciels et
services associés relatifs
aux réseaux UMTS 


AND 


Contrat d’Application N°
416 619 au Corporate
Sourcing Contract N°
06CG645 pour la fourniture
de prestation de
maintenance relatifs au
réseaux UMTS
	 	Alcatel CIT SA, 7/9 Avenue

Morane Saulnier, 78141

Vélizy, France






8









 






	 	 	 	 	 
	 	 	 	 	Purchaser Entity to be
	Contract Parties	 	Contract Type	 	Assigned/Novated to
	PTK Centertel Sp. z o.o.
ul. Skierniewicka 10a,
01-230 Warszawa, Poland,
and Nortel Networks Polska
Sp. z o. o., ul.
Nowogrodzka 47a, 00-695
Warszawa, Poland

	 	Implementation Contract
for corporate sourcing
contract n° 06CG643 for
the purchase of UTRAN (3G)
products and software
releases and related
services 


AND 


Implementation Contract
for corporate sourcing
contract N° 06CG645
maintenance for 3G RAN
products	 	 
	 
	 	 	 	 
	Orange Slovensko, a.s.,
Prievozská 6/A, 821 09
Bratislava, Slovak
Republic, and Nortel
Networks SA, Parc
d  ́Activités de
Magny-Chateaufort, 78117
Chateaufort, France and
Nortel Networks Slovensko,
s.r.o., Obchodná 2, 811 06
Bratislava, Slovak Republic

	 	Implementation Contract
for corporate sourcing
contract n° 06CG643 for
the purchase of UTRAN (3G)
products and software
releases and related
services 


AND 


Implementation Contract
for corporate sourcing
contract N° 06CG645
maintenance for 3G RAN
products	 	 
	 
	 	 	 	 
	Vodafone Ltd Vodafone
House, The Connection,
Newbury, Berkshire RG14 2FN
and Nortel Networks UK Ltd,
Maidenhead Office Park,
Westacott Way, Maidenhead,
Berkshire SL6 3QH.

	 	“UMTS Access only”
Contract of Adherence
covering UMTS Access
Deliverables and related
Services for UK. (*)
	 	Alcatel Telecom Limited

Christchurch Way, Greenwich

London SE10 0AG
	 
	 	 	 	 
	Vodafone Omnitel N.V.
whose registered address is
in Amsterdam and
administrative and
operational office Ivrea,
via Jervis 13 — 10015
Torino, Italy and Nortel
Networks S.p.A , Via
Montefeltro 6, 20156 Milan,
Italy.

	 	“UMTS Access only”
Contract of Adherence
covering UMTS Access
Deliverables and related
Services for Italy. (*)	 	 
	 
	 	 	 	 
	Vodafone España S.A.,
Parque Empresarial La
Moreleja, Avda. De Europa,
1, 28108 Alcobendas,
Madrid, Spain and Nortel
Networks Hispania S.p.A

	 	“UMTS Access only”
Contract of Adherence
covering UMTS Access
Deliverables and related
Services for Spain. (*)
	 	Alcatel España S.A.
Ramírez de Prado 5
28045 Madrid






9









 






	 	 	 	 	 
	 	 	 	 	Purchaser Entity to be
	Contract Parties	 	Contract Type	 	Assigned/Novated to
	Camino del Cerro de Los
Gamos, 1, Edificio 6,
Pozuelo de Alarcon, Madrid
28224, Spain.
	 	 	 	 
	 
	 	 	 	 
	Vodafone Comunicações
Pessoais, S.A. ,
Avenida D. João II
-Lote 1.04.01, 8o Piso,
Parque das Nações, 1998-017
Lisboa, Portugal and
Northern Telecom
(Portugal) S.p.A whose
registered address is at
Edificio Tivoli-Forum,
Avenida da Liberdade, 180
A-3, 1250-146 Lisboa,
Portugal.

	 	“UMTS Access only”
Contract of Adherence
covering UMTS Access
Deliverables and related
Services for Portugal. (*)
	 	Alcatel Portugal SA
S. Gabriel
2750 Cascais
	 
	 	 	 	 
	Austria Telecommunication
GmbH (now Kapsch CarrierCom
AG) and Nortel Networks
S.A. (for supply of
Hardware and Software) and
Nortel Networks Austria
GmbH (for installation and
commissioning services).

	 	UMTS Access supply and
related installation
services to end customer
Mobilkom.	 	 
	 
	 	 	 	 
	Kapsch CarrierCom AG
and
Nortel Networks Austria GmbH

	 	UMTS Access support
services to end customer
Mobilkom.	 	 
	 
	 	 	 	 
	Andrew Corporation, 3
Westbrook Corporate Center,
Suite 900, Westchester,
Illinois 60154 and Nortel
Networks Limited, 8200
Dixie Road, Suite 100,
Brampton, Ontario, Canada

	 	OEM MicroNode B	 	 
	 
	 	 	 	 
	Edge Wireless LLC, 650 SW
Columbia, Suite 7200, Bend,
Oregon, 97702 and Nortel
Networks Inc, 2221 Lakeside
Boulevard, Richardson,
Texas 75082.

	 	Trial	 	 
	 
	 	 	 	 
	BEN HUR L. TRADE & SERVICES
LTD. 

19 Ha’knesset Hagdola
Street, Tel Aviv, Israel
62917 and Nortel Networks
Israel (Sales and
Marketing) Limited.

	 	Representative Agreement
for UMTS business with
Partner.
	 	Alcatel Telecom Israel 

94 Em Hamoshavot Rd. 

Park Azorim, Peth-Tikva
Israel








 




			
	(*) These documents are the softcopies received by the e-mails mentioned below:




10









 










Robert Shales” <rshales@nortel.com>



2006-12-19 20:22 19/12 VF Spain Unbundled UMTS Access Contract of Adherence — work in
progress




“Robert Shales” <rshales@nortel.com>



2006-12-19 20:29 19/12 VF UMTS Access Global Price Book




“Robert Shales” <rshales@nortel.com>



2006-12-19 19:15 19/12 VF Portugal Unbundled UMTS Access Contract of Adherence — work in
progress.




“Pascale-LAW Frossard” <pascalef@nortel.com>



2006-12-19 19:37 19/12 VF UK — Unbundled UMTS Access Contract of Adherence — Work in
progress.




“Pascale-LAW Frossard” <pascalef@nortel.com>



2006-12-20 14:56 20/12 — Vodafone Italy  — Unbundled CoA and other related documents — Work
in progress



and the local Price Books:




“Robert Shales” <rshales@nortel.com>



22/12/2006 10:26 Confidential — Vodafone — UMTS Access Only CoAs — Local Price Books





“Robert Shales” <rshales@nortel.com>



22/12/2006 13:11 RE: Confidential — Vodafone — UMTS Access Only CoAs — Local Price Books




“Pascale-LAW Frossard” <pascalef@nortel.com>



21/12/2006 22:49 Confidential — Vodafone — UMTS Access Only CoAs — Local Price Books




11









 








Seller Contracts to be Assigned/Novated to Purchaser on Closing Date




	 	 	 	 	 
	 	 	 	 	Purchaser Entity to
	 	 	 	 	be Assigned/Novated
	Contract Parties	 	Contract Type	 	to
	Bouygues Telecom,
Arcs de Seine —
20, quai du Point
du Jour — 92100
Boulogne-Billancourt, and Nortel
Networks SA Parc
d’Activités de
Magny-Châteaufort,
78117 Châteaufort.

	 	Conditions Générales de
fourniture et de
maintenance de reseau
telecom 3G et de
prestations associees

And

Conditions Particulières
	 	Alcatel CIT SA, 7/9

Avenue 
Morane
Saulnier, 78141

Vélizy, France
	 
	 	 	 	 
	QUALCOMM
Incorporated, 5775
Morehouse Drive,
San Diego, CA 92121
and Nortel Networks
Inc

	 	System integration and
interoperability testing
between the QUALCOMM
equipment and the Nortel
equipment	 	 
	 
	 	 	 	 
	Beijng Sun Dong An
Co., Ltd and Nortel
Networks (China)
Limited

	 	Beijing Property Lease
	 	Alcatel Shanghai
Bell Company
Limited, 388 Ning
Qiao Road Jin Qiao
Export Processing
Zone Pudong New
Area, Shanghai
	 
	 	 	 	 
	China Mobile
Communications
Group Corporation
and Nortel Networks
(China) Limited

	 	Construction of China
Mobile Lab for 3G Trial
Systems (Phase I) Project
	 	Alcatel Shanghai
Bell Company
Limited, 388 Ning
Qiao Road Jin Qiao
Export Processing
Zone Pudong New
Area, Shanghai
	 
	 	 	 	 
	China Mobile
Communications
Company and Nortel
Networks (China)
Limited.

	 	China Mobile 3G Lab R4

Equipment Trial Project
	 	Alcatel Shanghai
Bell Company
Limited, 388 Ning
Qiao Road Jin Qiao
Export Processing
Zone Pudong New
Area, Shanghai
	 
	 	 	 	 
	Guangdong Telecom
Co. Ltd Science and
Technology Research
Institute and
Nortel Networks
(China) Limited

	 	IOT Trial Agreement
	 	Alcatel Shanghai
Bell Company
Limited, 388 Ning
Qiao Road Jin Qiao
Export Processing
Zone Pudong New
Area, Shanghai
	 
	 	 	 	 
	Hebei Mobile
Communications Co.,
Ltd and Nortel
Networks (China)
Limited

	 	Trial
	 	Alcatel Shanghai
Bell Company
Limited, 388 Ning
Qiao Road Jin Qiao
Export Processing
Zone Pudong New
Area, Shanghai






12









 






	 	 	 	 	 
	 	 	 	 	Purchaser Entity to
	 	 	 	 	be Assigned/Novated
	Contract Parties	 	Contract Type	 	to
	Hunan Mobile
Communications Co.,
Ltd and Nortel
Networks (China)
Limited

	 	Equipment Trial Agreement,
	 	Alcatel Shanghai
Bell Company
Limited, 388 Ning
Qiao Road Jin Qiao
Export Processing
Zone Pudong New
Area, Shanghai
	 
	 	 	 	 
	China Netcom Group
Company Sichuan
Branch and Nortel
Networks (China)
Limited

	 	Equipment Trial Agreement
	 	Alcatel Shanghai
Bell Company
Limited, 388 Ning
Qiao Road Jin Qiao
Export Processing
Zone Pudong New
Area, Shanghai
	 
	 	 	 	 
	Nokia Corporation,
Keilalahdentie 4,
02150 Espoo,
Finland and Nortel
Networks UK Ltd,
Maidenhead Office
Park, Westacott
Way, Maidenhead,
Berkshire SLG 3QH.

	 	Return of Node Bs and RNCs
from O2 Networks
	 	Alcatel CIT, Avenue
Charles de Gaulle,
Ormes, 45915 ORLEANS
CEDEX 9
	 
	 	 	 	 
	LeasePlan Fleet
Management (Polska)
Sp.z o.o., ul.
Bokserska 66,
02-0690 Warsaw
Poland and Nortel
Networks Polska Sp.
z o., ul
Nowogrodzka 47a,
00-695 Warsaw.

	 	Vehicle lease for Poland	 	 
	 
	 	 	 	 
	LeasePlan UK Ltd, 

165 Bath Road, 

Slough, Berkshire,
	 	 	 	 
	SL1 4AA and Nortel
Networks (UK) Ltd.

	 	Vehicle lease for UK	 	 
	 
	 	 	 	 
	TBA

	 	Vehicle lease for France	 	 
	 
	 	 	 	 
	TBA

	 	Vehicle lease for Italy	 	 
	 
	 	 	 	 
	TBA

	 	Vehicle lease for Canada	 	 
	 
	 	 	 	 
	TBA

	 	Vehicle lease for China	 	 
	 
	 	 	 	 
	TBA

	 	Vehicle leases for Slovakia	 	 
	 
	 	 	 	 
	Lease Plan Portugal
- Comercio e
Aluguer de
Autoóveis e
Equipamentos
Unipessoal, Lda.
Quinta da Fonte -
Edifcio Gil Eanes,
Piso 3 2770-192
Paço de Arcos.

	 	Vehicle lease for Portugal	 	 






13









 






	 	 	 	 	 
	 	 	 	 	Purchaser Entity to
	 	 	 	 	be Assigned/Novated
	Contract Parties	 	Contract Type	 	to
	Pessoa Colectiva no
502167610
Matriculada sob o
no 1883 na
Convservatório do
Reg. Com. De
Cascasis
	 	 	 	 
	 
	 	 	 	 
	LEASE PLAN
SERVICIOS, S.A.,

“Sociedad
Unipersonal” Calle
Francisca Delgado,
núm. 9, 28109 -

ALCOBENDAS
(MADRID), 

C.I.F. A-78007473

	 	Vehicle lease for Spain	 	 
	 
	 	 	 	 
	Nortel Networks SA
and Alcatel,
7-9avenue Morane
Saulnier, 78141
Vélizy, France

	 	“Pre Deal” UMTS Access
Single Customer Reseller
Agreement for Trial
Purposes.
	 	Société Française de
Radiocommunication
(SFR).
	 
	 	 	 	 
	Nortel Networks SA
and Alcatel,
7-9avenue Morane
Saulnier, 78141
Vélizy, France

	 	“Pre Deal” UMTS Access
Single Customer Reseller
Agreement for Trial
Purposes.
	 	Telecom Italia Mobile
	 
	 	 	 	 
	Nortel Networks SA
and Alcatel,
7-9avenue Morane
Saulnier, 78141
Vélizy, France

	 	“Pre Deal” UMTS Access
Single Customer Reseller
Agreement for Field Test
Purposes.
	 	TMN Portugal
	 
	 	 	 	 
	Nortel Networks SA
and Alcatel CIT, 12
rue de la Baume,
75008 Paris, France

	 	“Pre Deal” SALES SUPPORT
AGREEMENT for pre-sales
support services.
	 	SFR






14









 






Exhibit 5.9 (A)




Bundled/Unbundled Contracts where UMTS Access parts are to be Sub-Contracted to

Purchaser on Closing Date




	 	 	 	 	 
	 	 	 	 	Purchaser Entity to be
	Contract Parties	 	Contract Type	 	Sub-Contracted to
	 
	 	 	 	 
	Mobisle
Communications Ltd.,
at Spencer Hill,
Marsa, Malta c/o
Maltacom plc, and
Nortel Networks SA
Parc d’Activités de
Magny-Châteaufort,
les Jeunes Bois —
Châteaufort, 78928
cedex 9, France

	 	UMTS Supply Contract
and Support and
Service Agreement
	 	Alcatel CIT SA, 7/9 Avenue 
Morane Saulnier,

78141 Vélizy, France
	 
	 	 	 	 
	O2 (UK) Limited; O2
(Germany) GMBH & CO.
OHG; O2
Communications
(Ireland) Limited;
Nortel Networks UK
Limited; Nortel
Networks Germany GMBH
& CO KG and Nortel
Networks (Ireland)
Limited.

	 	Supply of Mobile
telecommunications
network equipment and
related services in
the UK, Germany and
the Republic of
Ireland	 	 
	 
	 	 	 	 
	O2 (UK) Limited and
Nortel Networks UK
Limited

	 	Support of O2 UK UMTS
Access Network	 	 
	 
	 	 	 	 
	O2 (Germany) GMBH &
CO. OHG and Nortel
Networks Germany GMBH
& CO KG

	 	Support of O2 Germany
UMTS Access Network	 	 
	 
	 	 	 	 
	O2 (UK) Limited and
Nortel Networks UK
Limited

	 	Training for O2 UK on

UMTS Access Products	 	 
	 
	 	 	 	 
	O2 (Germany) GMBH &
CO. OHG and Nortel
Networks Germany GMBH
& CO KG

	 	Training for O2
Germany on UMTS
Access Products	 	 






15









 






	 	 	 	 	 
	 	 	 	 	Purchaser Entity to be
	Contract Parties	 	Contract Type	 	Sub-Contracted to
	*Partner
Communications
Company Ltd. 8 Amal
St., Afek Industrial
Park, Rosh Ha’ayin,
Israel and Nortel
Networks Israel
(Sales and Marketing)
Limited.

	 	Agreement for the
supply of a 3G UMTS
network (both Core &
Access) and other
telecommunications
systems, equipment
and related services
	 	Alcatel Telecom Israel
94 Em Hamoshavot Rd.
Park Azorim, Peth-Tikva
Israel *








 




			
	*	 	Note: It is intended that the Partner Contract will be unbundled and transferred however there is
a risk that this will not be achieved by Closing and therefore there may be a need to sub-contract
this to Alcatel on a short term basis. This will be done on a full back-to-back basis as if the
contract has been transferred.






16









 





EXHIBIT O




Modification of Exhibit O of the

Share and Asset Sale Agreement




17









 








CONTRAT DE CESSION D’ACTIONS




ENTRE:



Nortel Networks S.A., société anonyme de droit français au capital de 456.544.755 euros, dont le
siège social est situé à Magny-Chateaufort, 78117 Chateaufort, immatriculée au Registre du commerce
et des sociétés de Versailles sous le numéro B 389 516 741 et représentée pour les besoins des
présentes par [·], dûment habilité à l’effet des présentes,



(ci-après dénommée, « NN SA » ou le « Cédant »);



de première part;




ET:



Alcatel CIT, société anonyme au capital de 265.364.340 euros, dont le siège social est situé au 12,
rue de la Baume, 75008 Paris, immatriculée au Registre du commerce et des sociétés de Paris sous le
numéro 338 966 385 et représentée pour les besoins des
présentes par [·], dûment habilité à
l’effet des présentes,



(ci-après dénommée, Alcatel CIT ou le « Cessionnaire »);



de seconde part.




NN SA et Alcatel CIT sont collectivement dénommées ci-après les « Parties ».



IL EST RAPPELE CE QUI SUIT:



Aux termes d’un contrat de langue anglaise Share and Asset Sale Agreement conclu le 4 décembre 2006
(le « Share and Asset Sale Agreement »), tel qu’ultérieurement modifié, la société Nortel Networks
Limited, société de droit canadien, a transféré à Alcatel S.A., société de droit français, son
activité d’accès radio UMTS, sous réserve de la levée de certaines conditions suspensives.



Les parties au Share and Asset Sale Agreement ont convenu que ledit transfert serait réalisé en
France par le biais de la cession à Alcatel CIT des actions détenues par Nortel Networks S.A. dans
Diselec, société par actions simplifiée à associé unique de droit français au capital de 40.000
euros (avant apport de l’activité d’accès radio UMTS) dont le siège est situé 12, rue de la Baume,
75008 Paris, immatriculée au Registre du commerce et des sociétés de Paris sous le numéro 491 687
422 (la « Société » ).



Le Cédant souhaite vendre et le Cessionnaire souhaite acheter 57.567 actions de la Société détenues
par NN SA à la suite de la réalisation de l’augmentation de capital de ce jour.



18









 





CECI ETANT EXPOSE, IL A ETE CONVENU CE QUI SUIT:




ARTICLE 1 —  ACHAT ET VENTE DES ACTIONS




Le Cédant cède, sous les garanties ordinaires de fait et de droit, au Cessionnaire, qui accepte,
les Actions, libres de tous privilèges, sûretés, charges ou autres restrictions ou limitations de
quelque nature que ce soit, ainsi que tous les droits qui y sont attachés.



Le prix des Actions (ci-après dénommé le « Prix ») est déterminé et payé conformément aux
dispositions du Share and Asset Sale Agreement tel que modifié.



ARTICLE 2 — AJUSTEMENT DU PRIX





	2.1	 	Ajustement de l’Actif Net





Le Cédant s’est porté garant auprès de Diselec de la valeur au 31 décembre 2006, de l’actif net
apporté par le Cédant selon les termes d’un traité d’apport en date du 22 décembre 2006 conclu
entre le Cédant et la Société (« l’Actif Net »).



Dans le cas où, la valeur nette totale de l’Actif Net au 31 décembre 2006 calculée sur la base des
valeurs nettes comptables serait inférieure à 921.076 euros, le Cédant versera à Diselec une somme
en espèces destinée à compenser cette perte de valeur (le « Montant Complémentaire »). Les Parties
conviennent que dans un tel cas le Prix sera augmenté du Montant Complémentaire ; cette
augmentation de prix sera payable sans délai.




	2.2	 	Ajustement lié aux Passifs Sociaux





Les Parties conviennent que le Prix sera réduit du montant des passifs sociaux appréciés au 31
décembre 2006, figurant en Annexe 4 du Traité d’apport en nature conclu entre NN SA et Diselec le
22 décembre 2006, relatifs aux employés transférés par le Cédant à Diselec, tels que ces passifs
seront déterminés selon les modalités prévues par le Schedule 7 — Employment Provisions du Share
and Asset Sale Agreement ; cette réduction de prix sera remboursable sans délai.



ARTICLE 3 — PROPRIETE — JOUISSANCE




La cession des Actions prend effet après enregistrement de l’ordre de mouvement des Actions dans le
registre de la Société. A compter de cette inscription, le Cessionnaire est propriétaire desdites
Actions, en perçoit les revenus et bénéficie de tous les droits qui y sont attachés.



Le Cédant remet ce jour au Cessionnaire, qui le reconnaît, l’ordre de mouvement portant sur les
Actions dûment complété et signé.



ARTICLE 4 — DECLARATION SPECIFIQUE DES PARTIES




Les Parties reconnaissent expressément que le présent contrat est soumis aux stipulations du
contrat de langue anglaise Share and Asset Sale Agreement, notamment en ce qui concerne les
déclarations et garanties faites au titre des Actions. Le présent contrat n’a pas pour objet et ne
doit pas être interprété comme comportant des modifications, limitations ou renonciations de
quelque sorte que ce soit aux termes et conditions stipulés au Share and Asset Sale Agreement. En
cas de contradiction entre les stipulations du présent contrat et celles du Share and Asset Sale
Agreement, les stipulations de ce dernier prévaudront.



ARTICLE 5 — DISPOSITIONS GENERALES



19









 






	5.1	 	Frais. Le Bénéficiaire supportera l’intégralité des frais et coûts encourus en
relation avec la l’exécution du présent contrat et des opérations qu’il prévoit. Les droits
d’enregistrement relatifs à la cession des Actions seront intégralement supportés par le
Cessionnaire.
	 
	5.2	 	Droit applicable. Le présent contrat est régi par le droit français.
	 
	5.3	 	Clause attributive de juridiction. Tout litige ou différend relatif à
l’interprétation du présent contrat relèvera de la compétence exclusive du Tribunal de
Commerce de Paris.
	 
	5.4	 	Pouvoir. Tous pouvoirs sont donnés au porteur d’un original des présentes ou
d’extraits certifiés conformes des présentes constatant la réalisation définitive de la
cession des Actions pour l’accomplissement de toutes les formalités légales.





Fait à [     ],

Le 31 décembre 2006

en cinq (5) exemplaires originaux.




	 	 	 
	 

	 	 
	Nortel Networks S.A.

Par: [·]

	 	Alcatel CIT

Par: [·]







20










 





EXHIBIT 1.5




Modification of Schedule 1.5 of the

Share and Asset Sale Agreement




21









 





Schedule 7




22









 








Exhibit 5




Purchase Price Allocation





23










 





Exhibit 7.6


JV License Agreements





24