Document:

Exhibit 10.1

 

DATED 13 NOVEMBER 2015

 

		(1)	Teligent, Inc.

 

		(2)	Teligent Luxembourg S.à r.l.

 

	 	 	 
	 	CONTRIBUTION AGREEMENT	 
	 	 	 

 

MNKS 

Société à responsabilité
limitée

Inscrité au Barreau de Luxembourg

Vertigo Polaris Building

2-4, rue Eugène Ruppert

L-2453 Luxembourg

Tel: +352 26 48 42 1

Fax: +352 26 48 42 35 00

 

     

     

    

 

CONTRIBUTION AGREEMENT DATED 13 NOVEMBER 2015

 

BETWEEN:

 

		(1)	Teligent, Inc., a corporation incorporated under
the laws of Delaware, having its registered office at 105, Lincoln Ave. Buena, NJ 08310, United States of America, register with
company number 842746, (the “Transferor ”);

 

AND:

 

		(2)	Teligent Luxembourg S.à r.l., a "société
à responsabilité limitée" incorporated and existing under the laws of the Grand Duchy of Luxembourg,
having its registered office at 9A Boulevard Prince Henri, L-1724 Luxembourg, Grand Duchy of Luxembourg, registered with the Luxembourg
Trade and Companies Register under number B.201307 (the “Transferee”);

 

Parties hereinafter referred to as the
“Parties”, or separately the “Party”.

 

PRELIMINARY:

 

		A.	The Transferor is the holder of all the 20,000 (twenty
thousand) shares in the Transferee, representing 100 % of its issued share capital.

 

		B.	The Transferor currently holds a receivable in the amount
of USD 3,374,549 (three million three hundred seventy-four thousand five hundred forty-nine United States Dollars), against the
Transferee stemming from a certain cash advance made by the Transferor to the Transferee and resulting in an inter-company balance
in favor of the Transferee (the “Receivable”), such Receivable being evidenced in the accounting books of the
Transferor and in particular in the interim balance sheet of the Transferor dated 13 November 2015, which shall remain appended
to this agreement as annex A (the “Annex A”).

 

		C.	The Transferor agrees to subscribe to an increase of the
share capital of the Transferee of an amount of USD 1 (one United States Dollar), subject to the payment of a global share premium
amounting to USD 3,374,548 (three million three hundred seventy-four thousand five hundred forty-eight United States Dollars),
by contribution the Receivable according to the terms and conditions set forth in this contribution agreement (the “Contribution
Agreement”) and with effect as of the Effective Date (as this term is defined below).

 

     

     

    

 

IT IS AGREED as
follows:

 

		1	CONTRIBUTION

 

The Transferor hereby agrees to contribute
the Receivable with full title guarantee to the Transferee (the “Contribution”).

 

		2	TRANSFER OF THE RECEIVABLE – EFFECTIVE DATE

 

		2.1	The Contribution is subject to and shall take place on
the execution of the share capital increase deed of the Transferee (the “Capital Increase”) on 13 November
2015 or as soon as practicable thereafter (the “Effective Date”). Any rights attached to the Receivable shall
accrue to the Transferee as of the Effective Date.

 

		2.2	On the Effective Date, the Transferor and, if appropriate
the Transferee, shall execute and/or deliver all necessary documents and/or instruments of transfer, and take all necessary steps
and actions in order to make the Contribution to the Transferee.

 

		3	CONSIDERATION

 

		3.1	The Parties agree that the value of the Receivable is set
at USD 3,374,549 (three million three hundred seventy-four thousand five hundred forty-nine United States Dollars). The consideration
for the Contribution by the Transferor will be constituted by (i) 1 (one) new share with a nominal value of USD 1 (one United
States Dollar) to be issued by the Transferee (the “New Share”) and (ii) a global share premium amounting to
USD 3,374,548 (three million three hundred seventy-four thousand five hundred forty-eight United States Dollars). Any rights attached
to the New Share shall accrue to the Transferee as of the Effective Date.

 

		3.2	The Parties note that subsequent to the Contribution, the
Transferee will become the creditor of the Receivable.

 

		3.3	The Parties note that as a result of the Contribution,
the Receivable and all rights and obligations attached thereto will be extinguished by operation of law (“confusion”)
in accordance with article 1300 of the Civil Code and as the Transferee will become both debtor and creditor of the Receivable
at the same time.

 

		4	WARRANTIES

 

		4.1	Each of the Parties hereby warrants, represents and undertakes
to the other that:

 

		(i)	it has the legal right
and full power and authority to execute and deliver, and to exercise its rights, and perform its obligations under this Contribution
Agreement;

 

     

     

    

 

		(ii)	all corporate action
required by it to validly and duly authorise the execution and delivery of, and the exercise of, its rights and performance of
its obligations under this Contribution Agreement, has been duly taken;

 

		(iii)	the execution and performance
of this Contribution Agreement do not and will not breach its articles of association or other constitutional documents or any
agreement or obligation by which it is bound or violate any applicable law; and

 

		(iv)	this Contribution Agreement
(when executed) will constitute valid and binding obligations of it enforceable in accordance with their respective terms.

 

		4.2	The Transferor represents and warrants to the Transferee,
subject to the Capital Increase, that:

 

		(i)	it is the due and sole
owner of the Receivable, which is validly existing;

 

		(ii)	its rights on the Receivable
are unconditional and not subject to any restriction;

 

		(iii)	the Receivable is free
from any pledge, charge, lien, encumbrance or any other third party rights and is not the object of a dispute or a claim; and

 

		(iv)	the Receivable is freely
transferable.

 

		4.3	The Transferee hereby declares and warrants, subject to
the Capital Increase, that:

 

		(i)	the Receivable is duly booked in its accounts;

 

		(ii)	it is not prevented from issuing the New Share;

 

		(iii)	the New Share shall be free from all rights exercisable
by, or claims by or interests of, third parties;

 

		(iv)	all corporate actions required by it to validly and duly
authorise the execution and delivery of, and the exercise of, its rights and performance of its obligations under this Contribution
Agreement, have been duly taken; and

 

		(v)	the execution and performance of this Contribution Agreement
do not and will not breach its articles of association or other constitutional documents or any agreement or obligation by which
it is bound or violate any applicable law.

 

		5.	AMENDMENTS AND MODIFICATIONS

 

Any amendments and modifications to this
Contribution Agreement are subject to the written approval of the Parties.

 

     

     

    

 

		6	FURTHER ASSURANCE

 

		6.1	At any time (whether before or after the date of this Contribution
Agreement), each Party hereto shall do and execute, or procure to be done and executed, all necessary acts, deeds, documents and
things as may be reasonably requested of it by the other Party to give effect to this Contribution Agreement.

 

		6.2	All powers are granted to the holder of an original version
of the Contribution Agreement in order to carry out the required formalities to give effect to this Contribution Agreement.

 

		7	BENEFIT OF CONTRIBUTION AGREEMENT AND ASSIGNMENTS

 

		7.1	This Contribution Agreement
shall be binding upon and inure to the benefit of each Party hereto and its successors and assignees.

 

		7.2	Neither the Transferor
nor the Transferee may assign any of its rights under the Contribution Agreement without the prior written consent of the other
Party.

 

		8	REMEDIES AND WAIVERS

 

No
failure by either Party to exercise, nor any delay by either Party in exercising, any right or remedy hereunder shall operate
as a waiver thereof, nor shall any single or partial exercise of any right or remedy prevent any further or other exercise thereof
or the exercise of any other right or remedy. The rights and remedies herein provided are cumulative and not exclusive of any
rights or remedies provided by law.

 

		9	PARTIAL INVALIDITY, ILLEGALITY OR UNENFORCEABILITY

 

The
invalidity, illegality or unenforceability of any provision of this Contribution Agreement shall not affect the continuation in
full force and effect of the remainder of this Contribution Agreement.

 

		10	NOTICES

 

		10.1	Each demand, notice or
other communication to be made hereunder shall (save as otherwise may be agreed by the Transferor and the Transferee) be made
in writing in the English language.

 

		10.2	Any communication or
document to be made or delivered by one Party to another pursuant to this Contribution Agreement shall (unless that other Party
has by 15 days' notice to the other specified another address for the purposes of this clause 10.2) be made or delivered to that
other Party at its registered address for the time being (as stated in this Contribution Agreement), and shall be deemed to have
been made or delivered when left at that address or (as the case may be) 3 days after being deposited in the post postage prepaid
in an envelope addressed to it at that address.

 

     

     

    

 

		11	COSTS

 

All costs, duties,
or fees whatsoever resulting from the present Contribution Agreement shall be paid by the Transferee.

 

		12	GOVERNING LAW AND JURISDICTION

 

		12.1	This Contribution Agreement
is governed by, and shall be construed in accordance with Luxembourg laws.

 

		12.2	The Parties hereby agree
that the courts of Luxembourg-City shall have exclusive jurisdiction to settle any dispute, which may arise out of, or in connection
with this Contribution Agreement, and that accordingly any proceeding, suit or action arising out of or in connection with this
Contribution Agreement may be brought in such courts.

 

		13	COUNTERPARTS

 

This
Contribution Agreement is drawn up in two originals. Each original may be executed in one or more counterparts and all of which,
when taken together, shall be deemed to be one and the same original.

 

IN WITNESS WHEREOF the Parties hereto
or their duly authorised representatives have executed this Contribution Agreement in two originals the day and year first above
written, each Party acknowledging to have received one copy.

 

     

     

    

 

	THE TRANSFEROR:	 
	 	 
	Teligent, Inc.	 
	 	 
	/s/ Jason Grenfell-Gardner	 
	Name:	Jason Grenfell-Gardner	 
	Title:	President	 

 

	THE TRANSFEREE:	 
	 	 
	Teligent Luxembourg S.à r.l.	 
	 	 
	/s/ Yves Cheret	 	 
	Name: Yves Cheret	 
	Title: ManagerExhibit 10.2

 

 

Dated 13 November 2015 

 

Intra-Group Loan Agreement

 

between

 

Teligent Luxembourg S.à r.l

as Borrower

 

and

 

Teligent, Inc.

as Lender

 

White & Case LLP

5 Old Broad Street

London EC2N 1DW

 

     

     

    

 

THIS INTRA-GROUP LOAN AGREEMENT is made on 13 November
2015 between:

 

		(1)	Teligent Luxembourg S.à r.l (company number B. 201307),
a company incorporated in Luxembourg, whose registered office is at 9A Boulevard Prince Henri; L-1724 Luxembourg, Grand Duchy
of Luxembourg (the “Borrower”); and

 

		(2)	Teligent, Inc. (company number 842746), a company incorporated
in Delaware, USA, whose registered office is at 105 Lincoln Ave., Buena, NJ (the “Lender”).

 

BACKGROUND 

 

		(A)	The Lender wishes to make available a loan facility in
the principal amount of US$28,185,847 to the Borrower on the terms set out in this Agreement.

 

IT IS AGREED as follows:

 

		1.	DEFINITIONS AND INTERPRETATION 

 

In this Agreement, unless the context otherwise requires,
the provisions in this Clause 1 apply:

 

		1.1	Definitions:

 

“Applicable Minimum
Equity” means the lesser of: (i) the principal amount and interest accrued thereon of the Defaulted Loan and (ii) the
Total Minimum Equity multiplied by the ratio of (a) the principal amount due by the Group Debtor under the Defaulted Loan to (b)
the aggregate principal amount due to the Borrower by its group companies under the respective loan agreements.”

 

“Loan” means a loan made or to be made
by the Lender to the Borrower under this Agreement or the principal amount outstanding for the time being of that loan;

 

“Agreement” means this intra-group loan
agreement; and

 

“Parties” means the parties to this Agreement
and “Party” means any one of them.

 

“Maturity Date” means
13 November 2022.

 

“Total Minimum Equity”
means the lesser of (i) one percent (1%) of the sum of the principal amount of the loans provided by the Company to its group companies
on the date hereof and (ii) an amount of US$ equivalent to EUR 2,000,000.

 

		1.2	Singular, plural, gender

 

References to one gender include all genders and references
to the singular include the plural and vice versa.

 

		1.3	Clauses and Headings

 

References to Clauses are to Clauses of this Agreement.

 

		1.4	References to persons and companies

 

References to:

 

     

     

    

 

		(a)	a person include any firm, company, government, state,
partnership, trust or unincorporated association (whether or not having separate legal personality); and

 

		(b)	a company shall include any company, corporation or
any body corporate, wherever incorporated.

 

		1.5	References to documents

 

References to any document (including to this Agreement)
shall include that document as amended or novated and any amendment or novation.

 

		2.	LOAN 

 

		2.1	The Lender shall make available to the Borrower a loan
facility in the aggregate principal amount of US$28,185,847 on and subject to the terms and conditions set out in this Agreement.

 

		2.2	The Lender shall advance to the Borrower such sums as the
Borrower may request from time to time, provided that:

 

		(a)	the Borrower gives notice to the Lender specifying
the amount of the proposed Loan, the account to which the proposed Loan is to be advanced and the date when the proposed Loan
is to be advanced; and

 

		(b)	the amount of the proposed Loan, when aggregated with
the aggregate amount of all outstanding Loans, shall not exceed the amount specified in Clause 2.1.

 

		2.3	All Loans made by the Lender under this Agreement shall
be paid by telegraphic transfer for same day value to such account as the Borrower nominates from time to time, or in such other
manner as the Parties agree in writing.

 

		3.	PURPOSE 

 

The purpose of the Loans is
to provide the Borrower with funding. The Borrower may use the Loan amounts for on-lending the amounts received in the form of
interest bearing loans to its subsidiaries or for capitalising subsidiaries.

 

		4.	INTEREST 

 

		4.1	The interest on the principal amount of each Loan shall
accrue at a rate equal to the short-term Applicable Federal Rate published by the Internal Revenue Service for the month of November
and shall reset annually (the “Interest Rate”). The initial Interest Rate shall equal 0.49 percent per annum
(which interest rate is based on the short-term Applicable Federal Rate published by the Internal Revenue Service in the Revenue
Ruling 2015-22.) Interest accruals and payments will be calculated on the actual number of days elapsed and a 360 day year.

 

		4.2	Interest on each Loan shall be payable annually on 13 November.

 

		5.	REPAYMENT AND PREPAYMENT 

 

		5.1	The Borrower shall repay all outstanding Loans, together
with all interest accrued on it and all other amounts then due from the Borrower under this Agreement, on the Maturity Date or
following a demand by the Lender, whichever is earlier.

 

    	2

     

    

 

		5.2	The Borrower may prepay the whole or any part of the Loans
to the Lender at any time prior to the Maturity Date (together with all interest accrued but otherwise without any premium or
penalty).

 

		5.3	A certificate from the Lender as to the amount at any time
due from the Borrower under this Agreement shall, in the absence of manifest error, be conclusive.

 

		6.	PAYMENTS 

 

		6.1	All payments due to be made by the Borrower under this
Agreement shall be made:

 

		(a)	in full without any set-off or counterclaim (unless
otherwise agreed) or any deductions for, or on account of, any present or future income or other taxes, levies, duties or charges
whatsoever, except as required by law; and

 

		(b)	to such account as notified to the Borrower by the
Lender from time to time, or in such other manner as the Parties may agree in writing.

 

		6.2	If the Borrower is required by law to make any such deduction
or withholding, the Borrower shall promptly pay the Lender the additional amount it would have received had there been no such
deduction or withholding.

 

		7.	LIMITED RECOURSE 

 

		7.1	In the event that any of the Borrower's group companies
(each a “Group Debtor”) to which the Borrower provides loans with the funds provided under this Agreement cannot
pay any amount when falling due and payable under the respective loan agreements with the Borrower (each a “Defaulted
Loan”), the Borrower shall be considered to have satisfied its payment obligations under this Agreement in full and
as final settlement upon the fulfilment of the following conditions:

 

		(a)	the Borrower has paid to the Lender an amount equal
to the Applicable Minimum Equity;

 

		(b)	the Borrower has paid to the Lender all principal amount
and interest received from its group companies under the Defaulted Loan net of the Borrower's arm's length compensation; and

 

		(c)	the Borrower has assigned to the Lender any remaining
outstanding receivable on the group companies and, as applicable, under the Defaulted Loan.

 

		8.	OTHER PROVISIONS 

 

		8.1	Assignment

 

Neither Party may, without the
prior written consent of the other, assign, grant any security interest over, hold on trust or otherwise transfer the benefit of
all or any of its obligations under this Agreement, or any benefit arising under or out of this Agreement.

 

		8.2	Whole Agreement

 

This Agreement contains the whole
agreement between the Parties relating to the subject matter of this Agreement at the date of this Agreement to the exclusion of
any terms implied by law which may be excluded by contract and supersedes any previous written or oral agreement between the Parties
in relation to the matters dealt with in this Agreement.

 

    	3

     

    

 

		8.3	Third Party Rights

 

A person who is not a Party has no right under the
Contracts (Rights of Third Parties) Act 1999 to enforce any term, or enjoy any benefit under this Agreement.

 

		8.4	Notices

 

		(a)	Any notice or other communication in connection with
this Agreement (each, a “Notice”) shall be:

 

		(i)	in writing;

 

		(ii)	delivered by email, hand, pre-paid first class post or
courier; and

 

		(iii)	sent to such address as may be notified to the sending
Party by the other Party from time to time.

 

		(b)	A Notice shall be effective upon receipt and shall
be deemed to have been received:

 

		(i)	24 hours after posting, if delivered by pre-paid first
class post;

 

		(ii)	at the time of delivery, if delivered by hand or courier;
or

 

		(iii)	24 hours after it was sent, if sent by email.

 

		8.5	Counterparts

 

This Agreement may be executed
in any number of counterparts each of which shall be deemed an original, but all the counterparts shall together constitute one
and the same instrument. The Borrower and the Lender may enter into this Agreement by executing any such counterpart.

 

		8.6	Governing law

 

This Agreement and any non-contractual
obligations arising out of or in connection with it shall be governed by and construed in accordance with English law and the Parties
irrevocably agree that the courts of England are to have jurisdiction to settle any disputes which may arise out of or in connection
with this Agreement.

 

In witness whereof this Agreement has been duly executed in
two originals on the date first set out above.

 

    	4

     

    

 

SIGNED by Yves Cheret

 

on behalf of Teligent Luxembourg S.à r.l

 

SIGNED by Jenniffer Collins

 

on behalf of Teligent, Inc.

 

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