Document:

exv4w2

 

Exhibit 4.2

April 2002

BYLAWS

OF

MEADWESTVACO CORPORATION

INCORPORATED UNDER THE LAWS OF DELAWARE

WORLD HEADQUARTERS

ONE HIGH RIDGE PARK

STAMFORD, CT 06905

 

BYLAWS

OF

MEADWESTVACO CORPORATION

ARTICLE I

MEETINGS OF STOCKHOLDERS

     SECTION 1.1. Place of Meetings. The annual meeting of stockholders for
the
election of directors and all special meetings for that or for any other
purpose shall be held at such time and place, either within or without the
State of Delaware as may from time to time be designated by the Board of
Directors.

     SECTION 1.2. Annual Meetings. The annual meeting of stockholders for
elections of directors, and for the transaction of such other business as may
be required or authorized to be transacted by stockholders, shall be held on
such date and time as designated from time to time by the Board of Directors.

     SECTION 1.3. Special Meetings. A special meeting of stockholders for any
purpose may be called at any time only by order of the Board of Directors
pursuant to a resolution approved by a majority of the Board of Directors, by
the Chairman of the Board, or by the President. At any such special meeting the
only business transacted shall be in accordance with the purposes specified in
the notice calling such meeting.

     SECTION 1.4. Notice of Meetings. Except as may otherwise be provided by
statute or the Certificate of Incorporation, the Secretary or an Assistant
Secretary shall cause written notice of the place, date and hour for holding
each annual and special meeting of stockholders to be given not less than ten
days nor more than sixty days before the date of the meeting to each
stockholder entitled to vote at such meeting by mailing the notice, postage
prepaid, to the stockholder at his post office address as it appears on the
records of the Corporation. Notice of each special meeting shall contain a
statement of the purpose or purposes for which the meeting is called. Except as
otherwise provided by statute, no notice of an adjourned meeting need be given
other than by announcement at the meeting which is being adjourned of the time
and place of the adjourned meeting.

     SECTION 1.5. Postponement. Any previously scheduled annual or special
meeting of stockholders may be postponed by resolution of the Board of
Directors, upon public notice given prior to the date scheduled for such
meeting.

 

     SECTION 1.6. Quorum. The holders of shares of the outstanding stock of
the Corporation representing a majority of the total votes entitled to be cast
at any meeting of stockholders, if present in person or by proxy, shall
constitute a quorum for the transaction of business unless a larger proportion
shall be required by statute or the Certificate of Incorporation. The Chairman
of a meeting of stockholders may adjourn such meeting from time to time,
whether or not there is a quorum of stockholders at such meeting. In the
absence of a quorum at any stockholders’ meeting, the stockholders present in
person or by proxy and entitled to vote may, by majority vote, adjourn the
meeting from time to time until a quorum shall attend. At any such adjourned
meeting, at which a quorum shall be present, any business may be transacted
which might have been transacted at the meeting as originally called. The lack
of the required quorum at any meeting of stockholders for action upon any
particular matter, shall not prevent action at such meeting upon other matters
which may properly come before the meeting, if the quorum required for taking
action upon such other matters shall be present.

     SECTION 1.7. Chairman; Secretary. The Chairman of the Board shall call
meetings of the stockholders to order and shall act as Chairman. If there is no
Chairman of the Board, or in the event of his absence or disability, the
President, or in the event of his absence or disability, one of the Executive
Vice Presidents (in order of first designation as an Executive Vice President)
present,
or in absence of all Executive Vice Presidents, one of the Senior Vice
Presidents (in
order of first designation as a Senior Vice President) present, or in the
absence also of all Senior Vice Presidents, one of the Vice Presidents (in
order of first designation as a Vice President) present, shall call meetings of
the stockholders to order and shall act as Chairman thereof. The Secretary of
the Corporation, or any person appointed by the Chairman, shall act as
Secretary of the meeting of stockholders.

     SECTION 1.8. Inspectors of Election; Opening and Closing the Polls. The
Board of Directors in advance of any meeting of stockholders shall appoint two
or more inspectors of election to act at such meeting or any adjournment
thereof. In the event of the failure of the Directors to make such
appointments, or if any inspector shall for any reason fail to attend or to act
at any meeting, or shall for any reason cease to be an inspector before
completion of his duties, the appointments shall be made by the Chairman of the
meeting.

     The Chairman of the meeting shall fix and announce at the meeting the date
and time of the opening and the closing of the polls for each matter upon which
the stockholders will vote at a meeting.

     SECTION 1.9. Voting. At each meeting of the stockholders each
stockholder
entitled to vote thereat shall, except as otherwise provided in the Certificate
of Incorporation, be entitled to one vote in person or by proxy for each share

 

of the stock of the Corporation registered in his name on the books of the
Corporation on the date fixed pursuant to Section 6.4 of these Bylaws as the
record date fixed for such meeting.

     At each meeting of the stockholders at which a quorum is present, all
matters (except as otherwise provided in Section 2.4 or Section 7.8 of these
Bylaws, in the Certificate of Incorporation, or by statute) shall be decided by
the affirmative vote of the majority of the shares present in person or
represented by proxy at such meeting and entitled to vote on the subject
matter.

     The Board of Directors, in its discretion, or the officer of the
Corporation
presiding at the meeting of stockholders, in his discretion, may require that
any votes cast at such meeting shall be by written ballot.

     SECTION 1.10. Meeting Required. Any action by stockholders of the
Corporation shall be taken at a meeting of stockholders and no corporate action
may be taken by written consent of stockholders entitled to vote upon such
action.

     SECTION 1.11. Notification of Proposals. The proposal of business, other
than nominations, which are governed by Section 2.5 of these Bylaws, to be
considered by the stockholders may be made at an annual meeting of stockholders
(a) pursuant to the Corporation’s notice of meeting, (b) by or at the direction
of the Board of Directors or (c) by any stockholder of the Corporation who was
a stockholder of record at the time of giving of notice provided for in this
Bylaw, who is entitled to vote at the meeting and who complies with the notice
procedures set forth in this Section 1.11.

     For business to be properly brought before an annual meeting by a
stockholder pursuant to clause (c) of the first paragraph of this Section 1.11,
the stockholder must have given timely notice thereof in writing to the
Secretary of the Corporation and such other business must otherwise be a proper
matter for stockholder action. To be timely, a stockholder’s notice shall be
delivered to the Secretary at the principal executive offices of the
Corporation not later than the close of business on the 90th day nor earlier
than the close of business on the 120th day prior to the first anniversary of
the preceding year’s annual meeting, provided, however, that in the event that
the date of the annual meeting is more than 30 days before or more than 60 days
after such anniversary date, notice by the stockholder to be timely must be
delivered not earlier than the close of business on the 120th day prior to such
annual meeting and not later than the close of business on the later of the
90th day prior to such annual meeting or the seventh day following the day on
which public announcement of the date of such meeting is first made by the
Corporation. With respect to the annual meeting to be held in 2002, such notice
must be received no earlier than January 1, 2002 and no later than February 1,
2002.*
In no event shall the public announcement of an adjournment of an annual
meeting commence a new time period for the giving of a stockholder’s notice as

 

described above. Such stockholder’s notice shall set forth (a) as to the
business that the stockholder proposes to bring before the meeting, a brief
description of the business desired to be brought before the meeting, the
reasons for conducting such business at the meeting and any material interest
in such business of such stockholder and the beneficial owner; if any, on whose
behalf the proposal is made; and (b) as to the stockholder giving the notice
and the beneficial owner, if any, on whose behalf the proposal is made (i) the
name and address of such stockholder, as they appear on the Corporation’s
books, and of such beneficial owner and (ii) the class and number of shares of
the Corporation which are owned beneficially and of record by such stockholder
and such beneficial owner.

     Only such business shall be conducted at a meeting of stockholders as
shall
have been brought before the meeting in accordance with the procedures set
forth in this Section 1.11. Except as otherwise provided by law, the Chairman
of the meeting shall have the power and duty to determine whether any business
proposed to be brought before the meeting was proposed in accordance with the
procedures set forth in this Section 1.11 and, if any proposed business is not
in compliance with this Section 1.11, to declare that such defective proposal
shall be disregarded.

     For purposes of this Section 1.11, “public announcement” shall mean
disclosure in a press release reported by the Dow Jones News Service,
Associated Press or comparable national news service or in a document publicly
filed by the Corporation with the Securities and Exchange Commission pursuant
to Section 13, 14 or 15(d) of the Securities and Exchange Act of 1934 (the
“Exchange Act”).

     Notwithstanding the foregoing provisions of this Section 1.11, a
stockholder
shall also comply with all applicable requirements of the Exchange Act and the
rules and regulations thereunder with respect to the matters set forth in this
Section 1.11. Nothing in this Section 1.11 shall be deemed to affect any rights
of stockholders to request inclusion of proposals in the Corporation’s proxy
statement pursuant to Rule 14a-8 under the Exchange Act.

ARTICLE II

BOARD OF DIRECTORS

     SECTION 2.1. General Powers, Number, Qualifications and Term of
Office. The business and property of the Corporation shall be managed and
controlled by the Board of Directors. The Board of Directors shall consist of
not fewer than 14 nor more than 17 directors, the exact number to be determined
from time to time only by resolution adopted by the Board of Directors.
Directors need not be stockholders.

     The directors shall be classified by the Board of Directors, with respect
to

 

the duration of the term for which they severally hold office, into three
classes as nearly equal in number as possible, with the term of office of the
first class of directors to expire at the Fiscal Year 2002 annual meeting of
stockholders (“Class I”), the term of office of the second class to expire at
the Fiscal Year 2003 annual meeting of stockholders (“Class II”) and the term
of office of the third class to expire at the Fiscal Year 2004 annual meeting
of stockholders (“Class III”). At each annual meeting of stockholders
commencing with the Fiscal Year 2002 annual meeting, the successors of the
class of directors whose term expires at that meeting shall be elected for a
term of office expiring at the third succeeding annual meeting of stockholders
following the election of such directors. The Board of Directors shall increase
or decrease the number of directors in one or more classes as may be
appropriate whenever it increases or decreases the number of directors pursuant
to this Section 2.1, in order to ensure that the three classes shall be as
nearly equal in number as possible. Each director of the Corporation shall hold
office as provided above and until his or her successor shall have been elected
and qualified.

     Until (x) immediately prior to the commencement of the first annual
meeting
of stockholders following December 31, 2003, or (y) such earlier time as Mr.
Jerome F. Tatar shall retire in accordance with the terms of his employment
agreement with the Corporation (the earlier of such dates being the “Transition
Date”), (i) the ratio of Continuing Westvaco Directors (as defined below) to
Continuing Mead Directors (as defined below) shall be maintained at a ratio of
1 to 1 and all vacancies on the Board created by the cessation of service of a
Continuing Westvaco Director shall be filled by a nominee selected by a
majority of the Continuing Westvaco Directors, and all vacancies on the Board
created by the cessation of service of a Continuing Mead Director shall be
filled by a nominee selected by a majority of the Continuing Mead Directors,
and (ii) the Continuing Westvaco Directors and the Continuing Mead Directors
shall be apportioned among the three classes of the Board of Directors such
that the ratio of Continuing Westvaco Directors to Continuing Mead Directors is
as near as practicable to 1 to 1 in each of the three classes. Notwithstanding
the foregoing, no action of the Board of Directors shall be deemed invalid
solely because one or more vacancies on the Board of Directors caused the
ratios specified in the preceding sentence not to be satisfied at the time such
action is taken. The provisions of this paragraph may be modified, amended or
repealed, and any Bylaw provision inconsistent with the provisions of this
paragraph may be adopted, only by the stockholders or an affirmative vote of at
least 66 2/3% of the entire Board of Directors then in office. In the event of
any inconsistency between any other provision of these Bylaws and any provision
of this paragraph, the provisions of this paragraph shall control.

     “Continuing Westvaco Directors” shall mean the directors of Westvaco
immediately prior to the Effective Time (as defined in the Merger Agreement) of
the Merger who were selected to be directors of the Corporation by the Board of
Directors of Westvaco prior to the Effective Time and any additional directors

 

of the Corporation who take office after the Effective Time who are nominated
by a majority of the Continuing Westvaco Directors as Continuing Westvaco
Directors.

     “Continuing Mead Directors” shall mean the directors of Mead immediately
prior to the Effective Time of the Merger who were selected to be directors of
the Corporation by the Board of Directors of Mead prior to the Effective Time
and any additional directors of the Corporation who take office after the
Effective Time who are nominated by a majority of the Continuing Mead Directors
as Continuing Mead Directors.

     “Merger Agreement” shall mean the Amended and Restated Agreement and Plan
of
Merger, dated October 5, 2001 by and among the Corporation, William Merger Sub
Corporation, Michael Merger Sub Corporation, The Mead Corporation and Westvaco
Corporation

     SECTION 2.2. Age Limitation. No person shall serve as a director of the
Corporation following the annual meeting of stockholders after attaining age
70; provided that any director who will attain the age of 72 prior to the 2004
annual meeting of stockholders may serve as a director of the Corporation until
immediately prior to such annual meeting.

     SECTION 2.3. Election of Directors; Vacancies; New Directorships. The
directors shall be elected by class annually in the manner provided in these
Bylaws. At each annual or special meeting of the stockholders for the election
of directors, at which a quorum is present, the persons receiving the greatest
number of votes shall be the directors. Any vacancies on the Board of Directors
caused by death, removal, resignation or any other cause and any newly created
directorships resulting from any increase in the authorized number of
directors, may be filled only by a majority of the directors then in office,
even though less than a quorum, at any regular or special meeting of the Board
of Directors, and each director so elected shall hold office for the remainder
of the full term of the class in which the new directorship was created or the
vacancy occurred.

     SECTION 2.4. Removal of Directors. Any director may be removed with
cause,
at any time, by the affirmative vote of at least 75% of the combined voting
power of the then-outstanding shares of all classes and series of stock of the
Corporation entitled to vote generally in the election of directors, voting
together as a single class, at a special meeting of stockholders duly called
and held for the purpose or at an annual meeting of stockholders.

     SECTION 2.5. Notification of Nomination. Nominations for the election of
directors may be made by the Board of Directors or by any stockholder entitled
to vote for the election of directors. Any stockholder entitled to vote for the
election of directors at a meeting may nominate persons for election as
directors only if written notice of such stockholder’s intent to make such

 

nomination is given, either by personal delivery or by the United States mail,
postage prepaid, to the Secretary of the Corporation, not later than (i) with
respect to an election to be held at an annual meeting of stockholders, 90 days
in advance of such meeting, and (ii) with respect to an election to be held at
a special meeting of stockholders for the election of directors, the close of
business on the seventh day following the date on which notice of such meeting
is first given to stockholders. With respect to the annual meeting to be held
in 2002, such notice must be received no later than February 1, 2002.* Each
such notice shall set forth: (a) the name and address of the stockholder who
intends to make the nomination and of the person or persons to be nominated,
(b) a representation that such stockholder is a holder of record of stock of
the Corporation entitled to vote at such meeting and intends to appear in
person or by proxy at the meeting to nominate the person or persons specified
in the notice, (c) a description of all arrangements or understandings between
such stockholder and each nominee and any other person or persons (naming such
person or persons) pursuant to which the nomination or nominations are to be
made by such stockholder, (d) such other information regarding each nominee
proposed by such stockholder as would have been required to be included in a
proxy statement filed pursuant to the proxy rules of the Securities and
Exchange Commission had each nominee been nominated, or intended to be
nominated by the Board of Directors, and (e) the consent of each nominee to
serve as a director of the Corporation if so elected. The chairman of the
meeting may refuse to acknowledge the nomination of any person not made in
compliance with the foregoing procedures.

     SECTION 2.6. Place of Meetings. The Board of Directors may hold its
meetings at such place or places, within or without the State of Delaware, as
it may from time to time determine. In the absence of any such determination,
such meetings shall be held at the principal business office of the
Corporation. Any meeting may be held upon direction to the Secretary by the
Chairman of the Board, or, in his absence, by the President at any place,
provided that notice of the place of such meeting, whether regular or special,
shall be given in the manner provided in Section 2.9 of this Article.

	*	 	The parties will agree to an appropriate amendment to this provision if the
first annual meeting is delayed significantly beyond April 2002

     SECTION 2.7. Regular Meetings. Regular meetings of the Board of
Directors
shall be held in each year on such dates as a resolution of the Board of
Directors may designate at the beginning of each year. Any regular meeting of
the Board may be dispensed with upon order of the Board of Directors, or by the
Chairman of the Board, or, in his absence, the President if notice thereof is
given to each director at least one day prior to the date scheduled for the
meeting. If any day fixed for a regular meeting shall be a legal holiday, then
such meeting shall be held on the next succeeding business day not a legal
holiday. No notice shall be required for any regular meeting of the Board,

 

except that notice of the place of such meeting shall be given (as provided in
Section 2.9) if such meeting is to be held at a place other than the principal
business office of the Corporation or if the meeting is held on a date other
than that established at the beginning of each year by a resolution of the
Board of Directors.

     SECTION 2.8. Special Meetings. Special meetings of the Board of
Directors
shall be held whenever called by the direction of the Chairman of the Board,
the President, an Executive Vice President, or a majority of the Board of
Directors then in office.

     SECTION 2.9. Notice of Special Meetings. Notice of the place, day and
hour
of every special meeting of the Board of Directors shall be given by the
Secretary or an Assistant Secretary to each director at least twelve hours
before the meeting, by telephone, telegraph or cable, telecopier or e-mail, or
by delivery to him personally or to his residence or usual place of business,
or by mailing such notice at least three days before the meeting, postage
prepaid, to him at his last known post office address according to the records
of the Corporation. Except as provided by statute, or by Section 4.3 or Section
7.8 of these Bylaws, such notice need not state the business to be transacted
at any special meeting. No notice of any adjourned meeting of the Board of
Directors need be given. A meeting may be held at any time without notice if
all the directors are present or if those not present waive notice of the
meeting in accordance with Section 7.6 of these Bylaws.

     SECTION 2.10. Quorum and Manner of Acting. A whole number of directors
equal to at least a majority of the total number of directors as determined by
resolution in accordance with Section 2.1, regardless of any vacancies, shall
constitute a quorum for the transaction of business at any meeting except to
fill vacancies in accordance with Section 2.1 and Section 2.3 of this Article,
and the act of a majority of the directors present at any meeting at which a
quorum is present shall be the act of the Board of Directors unless otherwise
provided by statute or these Bylaws. In the absence of a quorum, a majority of
the directors present may adjourn the meeting from time to time without further
notice until a quorum be had. At any such adjourned meeting at which a quorum
shall be present, any business may be transacted which might have been
transacted at the meeting as originally scheduled. The directors present at a
duly organized meeting may continue to transact business until adjournment,
notwithstanding the withdrawal of enough directors to leave less than a quorum.

     SECTION 2.11. Chairman; Secretary. At each meeting of the Board of
Directors, the Chairman of the Board shall act as Chairman. If there is no
Chairman of the Board, or in the event of his absence or disability, the
President or in his absence or disability, one of the Executive Vice Presidents
who is also a director, or in their absence, a director chosen by a majority of
the directors present, shall act as Chairman. The Secretary, or in his absence
or disability, an Assistant Secretary, or any person appointed by the Chairman

 

of the meeting, shall act as Secretary of the meeting.

     SECTION 2.12. Compensation. Each director except a director who is an
active employee of the Corporation in receipt of a salary shall be paid such
sums as director’s fees as shall be fixed by the Board of Directors. Each
director may be reimbursed for all expenses incurred in attending meetings of
the Board of Directors and in transacting any business on behalf of the
Corporation as a director. Nothing in this Section 2.12 shall be construed to
preclude a director from serving the Corporation in any other capacity and
receiving compensation therefor.

     SECTION 2.13. Indemnity. Each director, officer and employee, past or
present, of the Corporation, and each person who serves or may have served at
the request of the Corporation as a director, officer or employee of another
corporation and their respective heirs, administrators and executors, shall be
indemnified by the Corporation in accordance with, and to the fullest extent
provided by, the provisions of the General Corporation Law of the State of
Delaware as it may from time to time be amended. Each agent of the Corporation
and each person who serves or may have served at the request of the Corporation
as an agent of another corporation, or as an employee or agent of any
partnership, joint venture, trust or other enterprise may, in the discretion of
the Board of Directors, be indemnified by the Corporation to the same extent as
provided herein with respect to directors, officers and employees of the
Corporation.

ARTICLE III

COMMITTEES

     SECTION 3.1. Committees of Directors. The Board of Directors may, by
resolution passed by a majority of the whole Board, designate one or more
committees, each committee to consist of one or more of the directors of the
Corporation. Such resolution shall specify a designation by which a committee
shall be known, shall fix its powers and authority, and may fix the term of
office of its members. Any such committee, to the extent provided in the
resolution of the Board of Directors, or in the Bylaws of the Corporation,
shall have and may exercise all the powers and authority of the Board of
Directors in the management of the business and affairs of the Corporation, and
may authorize the seal of the Corporation to be affixed to all papers which may
require it; except as otherwise provided by statute. Until the Transition Date,
the members of each committee and chairpersons of all committees, as a group,
shall, to the extent reasonably practicable, consist of an equal number of
continuing Westvaco Directors and continuing Mead Directors.

     SECTION 3.2. Removal; Vacancies. The members of committees of directors
shall serve at the pleasure of the Board of Directors. Subject to Section 3.1,
any member of a committee of directors may be removed at any time and any
vacancy in any such committee may be filled by majority vote of the whole Board

 

of Directors.

     SECTION 3.3. Compensation. The Board of Directors may by resolution
determine from time to time the compensation, if any, including reimbursement
for expenses, of members of any committee of directors for services rendered to
the Corporation as a member of any such committee.

ARTICLE IV

OFFICERS

     SECTION 4.1. Number. The officers of the Corporation shall be chosen by
the Board of Directors and shall be a Chairman of the Board, a President, one
or more Vice Presidents, a Secretary and a Treasurer. Officers of the
Corporation may also include a Comptroller, Assistant Vice Presidents,
Assistant Secretaries, Assistant Treasurers, and Assistant Comptrollers. One or
more persons may hold any two of such offices. The Chairman of the Board and
the President shall be chosen from the Board of Directors and the President
shall be designated by the Board of Directors as the Chief Executive Officer of
the Corporation. Subject to the direction of the Board of Directors, the Chief
Executive Officer shall have general supervision of the business and affairs of
the Corporation and over its officers, employees and agents with such powers
and duties incident to being Chief Executive Officer of a corporation, and as
are provided for him in these Bylaws. In addition, the Chief Executive Officer
shall exercise such other powers and perform such other duties as may be
assigned to him by the Board of Directors. The Board of Directors may add
additional titles to any office to indicate seniority or additional
responsibility.

     SECTION 4.2. Election; Term of Office and Qualifications. The officers
shall be chosen annually by the Board of Directors at its first regular meeting
following the annual meeting of stockholders and each shall hold office until
the corresponding meeting in the next year and until his successor shall have
been elected and shall qualify, or until his earlier death or resignation or
until he shall have been removed in the manner provided in Section 4.3. Any
vacancy in any office shall be filled for the unexpired portion of the term by
the Board of Directors at any regular or special meeting.

     SECTION 4.3. Removal. Other than the Chairman of the Board, any officer
may be removed from office, either with or without cause, by the Chief
Executive Officer or, the majority of the whole Board of Directors at a special
meeting called for that purpose, or at a regular meeting; provided that the
officers listed on Exhibit B to the Merger Agreement shall be removed by the
Chief Executive Officer only upon approval by a majority of the whole Board of
Directors then in office at a special meeting called for that purpose or at a
regular meeting.

     SECTION 4.4. Designation of the Chairman of the Board and the President.

 

     The Board of Directors has resolved that Mr. Jerome F. Tatar shall be the
Chairman of the Board, and that Mr. John A. Luke, Jr. shall be the President
and
Chief Executive Officer of the Corporation. Until the Transition Date, the
removal of Mr. Tatar from the office of Chairman of the Board, the removal of
Mr. Luke from the office of President and Chief Executive Officer of the
Corporation or any other action inconsistent with the first sentence of this
paragraph or the roles and responsibilities of the Chairman of the Board and
the
Chief Executive Officer set forth in the Bylaws shall require, if such action
is
taken by the Board of Directors, the affirmative vote of at least 66 2/3% of
the
entire Board of Directors then in office.

     SECTION 4.5. Salaries. The Board of Directors shall have authority to
determine any and all salaries of employees of the Corporation. The Board may
by resolution authorize a committee of directors (none of whom shall be an
officer or employee of the Corporation) to fix any such salaries. Salaries not
determined by the Board of Directors, or by a committee of directors, may be
fixed by the Chief Executive Officer.

     SECTION 4.6. The Chairman of the Board. The Chairman of the Board shall
be, to the extent so provided in his or her employment agreement (if any) with
the Corporation, an officer and employee of the Corporation and shall preside
at all meetings of the stockholders and of the Board of Directors. The Chairman
of the Board shall have all powers and perform all duties incident to the
office of a Chairman of the Board of a corporation, and as are provided for him
in these Bylaws, and shall exercise such other powers and perform such other
duties as may be assigned to him by the Board of Directors. In addition, the
Chairman of the Board shall have such powers and duties as are set forth in his
or her employment agreement with the Corporation. If there is no President or
in the event of his or her death or disability, the Chairman of the Board shall
perform the duties and exercise the powers of the President.

     SECTION 4.7. The President and Chief Executive Officer. The President
shall have all powers and perform all duties incident to the office of the
President as are provided for him in these Bylaws and shall exercise such other
powers and perform such other duties as may be assigned to him by the Board of
Directors. In addition, the President shall have such powers and duties as are
set forth in his or her employment agreement with the Corporation. If there is
no Chairman of the Board or in the event of his death or disability, the
President shall perform the duties and exercise the powers of the Chairman of
the Board.

     SECTION 4.8. The Vice Presidents. The Vice Presidents shall have such
powers and perform such duties as are provided for them in these Bylaws and as
may be assigned to them, or any of them, by the Board of Directors or the Chief
Executive Officer or, to the extent contemplated by his employment agreement
with the Corporation, the Chairman of the Board. The Executive Vice Presidents
(in order of first designation as an Executive Vice President), in the event of

 

the death or disability of the President and the Chairman of the Board, shall
perform all the duties of the President and when so acting shall have the
powers of the President. In the event of the death or disability of the
President, the Chairman of the Board (if such Person is an officer of the
Corporation) and all Executive Vice Presidents, the available Senior Vice
President (in order of first designation as a Senior Vice President), or in the
event of the death or disability also of all Senior Vice Presidents, the Vice
President who is available and was first elected a Vice President prior to all
other available Vice Presidents shall perform all the duties of the President
and when so acting shall have the powers of the President. A Vice President
performing the duties and exercising the powers of the President shall perform
the duties and exercise the powers of the Chief Executive Officer if there is
no Chairman of the Board or in the event of the death or disability of the
Chairman of the Board.

     SECTION 4.9. The Assistant Vice Presidents. The Assistant Vice
Presidents
shall have such powers and perform such duties as may be assigned to them, or
any of them, by the Board of Directors or the Chief Executive Officer.

     SECTION 4.10. The Secretary. The Secretary shall keep, or cause to be
kept
in books provided for the purpose, the minutes of the meeting of stockholders
and of the Board of Directors and any minutes of Committees of the Board of
Directors; shall see that all notices are duly given in accordance with the
provisions of these Bylaws and as required by statute; shall be custodian of
the records and of the corporate seal or seals of the Corporation; and shall
cause the corporate seal to be affixed to any document the execution of which,
on behalf of the Corporation, under its seal, is duly authorized and when so
affixed, may attest the same. The Secretary shall have all powers and perform
all duties incident to the office of a secretary of a corporation and as are
provided for in these Bylaws and shall exercise such other powers and perform
such other duties as may be assigned by the Board of Directors, or, as to
matters not related to the Board of Directors, the Chief Executive Officer or,
as to matters related to the Board of Directors, the Chairman of the Board.

     SECTION 4.11. The Assistant Secretaries. In the absence or disability of
the Secretary, the Assistant Secretary designated by the Secretary shall
perform all the duties of the Secretary and, when so acting, shall have all the
powers of and be subject to all the restrictions upon the Secretary. The
Assistant Secretaries shall exercise such powers and perform such duties as are
provided for them in these Bylaws and as may be assigned to them, or any of
them, by the Board of Directors, the Chief Executive Officer or the Secretary.

     SECTION 4.12. The Treasurer. The Treasurer shall have general charge of
and general responsibility for all funds, securities, and receipts of the
Corporation and shall deposit, or cause to be deposited, in the name of the
Corporation, all moneys or other valuable effects in such banks, trust
companies or other depositories as shall from time to time be designated in

 

accordance with Section 5.2 of these Bylaws. He shall have all powers and
perform all duties incident to the office of a treasurer of a corporation and
as are provided for him in these Bylaws and shall exercise such other powers
and perform such other duties as may be assigned to him by the Board of
Directors or the Chief Executive Officer.

     SECTION 4.13. The Assistant Treasurers. In the absence or disability of
the Treasurer, the Assistant Treasurer designated by the Treasurer shall
perform all the duties of the Treasurer and, when so acting, shall have all the
powers of and be subject to all the restrictions upon the Treasurer. The
Assistant Treasurers shall exercise such powers and perform such duties as are
provided for them in these Bylaws and as may be assigned to them, or any of
them, by the Board of Directors, the Chief Executive Officer or the Treasurer.

     SECTION 4.14. The Comptroller. The Comptroller shall have general charge
and supervision of financial reports; he shall maintain adequate records of all
assets, liabilities and transactions of the Corporation; he shall keep the
books and accounts and cause adequate audits thereof to be made regularly; he
shall exercise a general check upon the disbursements of funds of the
Corporation; and in general shall perform all duties incident to the office of
a comptroller of a corporation, and shall exercise such other powers and
perform such other duties as may be assigned to him by the Board of Directors
or the Chief Executive Officer.

     SECTION 4.15. The Assistant Comptrollers. In the absence or disability
of
the Comptroller, the Assistant Comptroller designated by the Comptroller shall
perform all the duties of the Comptroller and, when so acting, shall have all
the powers of and be subject to all the restrictions upon the Comptroller. The
Assistant Comptrollers shall exercise such other powers and perform such other
duties as from time to time may be assigned to them, or any of them, by the
Board of Directors, the Chief Executive Officer or the Comptroller.

ARTICLE V

AUTHORITY TO ACT AND SIGN FOR THE CORPORATION

     SECTION 5.1. Contracts, Agreements, Checks and Other Instruments.
Except
as may be otherwise provided by statute or by the Board of Directors, the
Chairman of the Board, the President, each Executive or Senior Vice President,
the Secretary, the Treasurer, and each of them, may make, sign, endorse,
verify, acknowledge and deliver, in the name and on behalf of the Corporation,
all deeds, leases and other conveyances, contracts, agreements, checks, notes,
drafts and other commercial paper, bonds, assignments, bills of sale, releases,
reports and all other instruments and documents deemed necessary or advisable
by the officer or officers executing the same for carrying on the business and
affairs of the Corporation, subject, however, to Section 5.5 relating to stock
certificates of the Corporation, to Section 5.6 relating to execution of
proxies and to Section 5.7 relating to securities held by the Corporation.

 

     SECTION 5.2. Bank Accounts; Deposits; Checks, Drafts and Orders Issued in
the Corporation’s Name. Except as otherwise provided by the Board of
Directors, any two of the following officers: the Chairman of the Board, the
President, any Vice President, and the Treasurer may from time to time, (1)
open and keep in the name and on behalf of the Corporation, with such banks,
trust companies or other depositories as they may designate, general and
special bank accounts for the funds of the Corporation, (2) terminate any such
bank accounts and (3) select and contract to rent and maintain safe deposit
boxes with depositories as they may designate and terminate such contracts and
authorize access to any safe deposit box by any two employees designated for
such purposes, at least one of whom shall be an officer, and revoke such
authority. Any such action by two of the officers as specified above shall be
made by an instrument in writing signed by such two officers and filed with the
Secretary. A copy of such instrument, certified by the Secretary or an
Assistant Secretary, shall be evidence to all concerned that the designations
or terminations therein contained are duly authorized on behalf of the
Corporation at the time of the certification.

     All funds and securities of the Corporation shall be deposited in such
banks, trust companies and other depositories as are designated by the Board of
Directors or by the aforesaid officers in the manner hereinabove provided, and
for the purpose of such deposits, the Chairman of the Board, the President, any
Vice President, the Secretary, the Treasurer or an Assistant Treasurer, and
each of them, or any other person or persons authorized by the Board of
Directors, may endorse, assign and deliver checks, notes, drafts, and other
orders for the payment of money which are payable to the Corporation. Except as
otherwise provided by the Board of Directors, all checks, drafts or orders for
the payment of money, drawn in the name of the Corporation, may be signed by
the Chairman of the Board, the President, any Executive or Senior Vice
President, the Secretary or the Treasurer or by any other officers or any
employees of the Corporation who shall from time to time be designated to sign
checks, drafts, or orders on all accounts or on any specific account of the
Corporation by an “instrument of designation” signed by any two of the
following officers: the Chairman of the Board, the President, any Executive or
Senior Vice President, and the Treasurer, and filed with the Secretary. The
Secretary or any Assistant Secretary shall make certified copies of such
instruments of designation and such certified copies shall be evidence to all
concerned of the authority of the persons designated therein at the time of the
certification. An instrument of designation may provide for (1) the facsimile
signature of any person authorized to sign by such instrument or by this
Section 5.2 or (2) the revocation of authority of any person (other than an
officer named in this Section 5.2) to sign checks, drafts or orders drawn in
the name of the Corporation.

     SECTION 5.3. Delegation of Authority. The Board of Directors, the
Chairman
of the Board, the President or any Executive Vice President may appoint such

 

managers and attorneys and agents of the Corporation (who also may be employees
of the Corporation) as may be deemed desirable who shall serve for such
periods, have such powers, bear such titles and perform such duties as the
Board of Directors, the Chairman of the Board, the President or an Executive
Vice President may from time to time prescribe.

     SECTION 5.4. Stock Certificates. All certificates of stock issued by the
Corporation shall be executed in accordance with Section 6.1 of these Bylaws.

     SECTION 5.5. Voting of Stock in Other Corporations. Stock in other
corporations, which may from time to time be held by the Corporation, may be
represented and voted at any meeting of stockholders of such other corporation
by proxy executed in the name of the Corporation by the Chairman of the Board,
the President, any Executive Vice President or the Treasurer, with the
corporate seal affixed and attested by the Secretary.

ARTICLE VI

STOCK

     SECTION 6.1. Certificates of Stock. Each holder of stock shall be
entitled
to have a certificate or certificates, certifying the number and kind of shares
owned by him in the Corporation signed by the Chairman of the Board, the
President or an Executive Vice President and the Secretary and sealed with the
seal of the Corporation. Where such certificate is signed by a transfer agent
and by a registrar, the signatures of Corporation officers and the corporate
seal may be facsimile, engraved or printed. In case any officer who shall have
signed, or whose facsimile signature shall have been used on any such
certificate, shall cease to be such officer of the Corporation, whether caused
by death, resignation or otherwise, before such certificate shall have been
delivered by the Corporation, such certificate shall nevertheless be deemed to
have been adopted by the Corporation and may be issued and delivered as though
the person who signed the same, or whose facsimile signature shall have been
used thereon, had not ceased to be such officer of the Corporation. The
certificates for shares of the capital stock of the Corporation shall be in
such forms as shall be approved by the Board of Directors.

     SECTION 6.2. Transfer of Stock. Shares of stock shall be transferable
only
on the books of the Corporation by the holder thereof, in person or by duly
authorized attorney, upon the surrender of the certificate, properly endorsed,
representing the shares to be transferred.

     SECTION 6.3. Transfer Agents and Registrars. The Corporation may have a
transfer agent and a registrar of its stock for different locations appointed
by the Board of Directors from time to time. The Board of Directors may direct
that the functions of transfer agent and registrar be combined and appoint a
single agency to perform both functions at one or more locations. Duties of the
transfer agent, registrar and combined agency may be defined from time to time

 

by the Board of Directors. No certificate of stock shall be valid until
countersigned by a transfer agent and until registered by a registrar even if
both functions are performed by a single agency.

     SECTION 6.4. Record Dates. The Board of Directors shall have power to
fix
in advance a record date to determine the stockholders entitled to notice of or
to vote at any meeting of stockholders or any adjournment thereof or to receive
payment of any dividend or other distribution or allotment of any rights, or
entitled to exercise any rights in respect of any change, conversion or
exchange of stock or for the purpose of any other lawful action and such record
date shall not be more than sixty nor less than ten days before the date of any
meeting, nor more than sixty days prior to any other action.

ARTICLE VII

SUNDRY PROVISIONS

     SECTION 7.1. Offices. The Corporation’s principal office, principal
place
of business, and principal business office shall be at One High Ridge Park,
Stamford, Connecticut. In the State of Delaware the Corporation’s registered
office shall be in the City of Wilmington, County of New Castle. The
Corporation may also have other offices at such other places as the business of
the Corporation may require.

     SECTION 7.2. Seal. The corporate seal of the Corporation shall have
inscribed thereon the following words and figures: MeadWestvaco Corporation
2001 Incorporated Delaware. The seal may be used by causing it or a facsimile
thereof to be impressed or affixed or otherwise reproduced. A duplicate seal or
duplicate seals may be provided and kept for the necessary purposes of the
Corporation.

     SECTION 7.3. Books and Records. The Board of Directors may determine
from
time to time whether, and, if allowed, when and under what conditions and
regulations, the books and records of the Corporation, or any of them, shall be
open to the inspection of stockholders, and the rights of stockholders in this
respect are and shall be limited accordingly (except as otherwise provided by
statute). Under no circumstances shall any stockholder have the right to
inspect any book or record or receive any statement for an improper or illegal
purpose. Subject to the provisions of statutes relating thereto, the books and
records of the Corporation may be kept outside the State of Delaware at such
places as may be from time to time designated by the Board of Directors.

     SECTION 7.4. Fiscal Year. Unless otherwise ordered by the Board of
Directors, the fiscal year of the Corporation shall be twelve calendar months
beginning on the first day of January in each year.

     SECTION 7.5. Independent Public Accountants. The Board of Directors
shall
appoint annually an independent public accountant or firm of independent public

 

accountants to audit the books of the Corporation for each fiscal year; this
appointment shall be subject to shareholder ratification at the annual meeting
next succeeding the appointment.

     SECTION 7.6. Waiver of Notice. Any shareholder or director may waive any
notice required to be given by law or by the provisions of the Certificate of
Incorporation or by these Bylaws; provided that such waiver shall be in writing
and signed by such shareholder or director or by the duly authorized attorney
of the shareholder, either before or after the meeting, notice of which is
being waived.

     SECTION 7.7. Authorization to Transact Business. The Chairman of the
Board
or the President, together with the Secretary, is authorized to qualify the
Corporation as a foreign corporation in any state of the United States or to
withdraw such qualification when deemed necessary and to appoint an agent or
agents to act on behalf of the Corporation in any state where the Corporation
qualifies to do business.

     SECTION 7.8. Amendments. The Board of Directors shall have power to
make,
alter and amend any Bylaws of the Corporation by a vote of a majority of the
whole Board at any regular meeting of the Board of Directors, or any special
meeting of the Board if notice of the proposed Bylaw, alteration or amendment
be contained in the notice of such special meeting; provided, however, that no
Bylaw shall be deemed made, altered or amended, by the Board of Directors
unless the resolution authorizing the same shall specifically state that a
Bylaw is thereby being made, altered or amended. Except as otherwise provided
in these Bylaws or the Certificate of Incorporation, the shareholders of the
Corporation may make, alter, amend or repeal any Bylaws of the Corporation by
the affirmative vote of the majority of the stock entitled to vote at any
annual or special meeting. Until the Transition Date, Sections 3.1, 3.2, 4.1,
4.3, 4.4, 4.6, 4.7,
4.8, 4.9 and 7.8 hereof may be modified, amended or repealed, and any Bylaw
provision inconsistent with the provisions in these Sections may be adopted,
only by the stockholders or an affirmative vote of at least 66 2/3% of the
entire Board of Directors then in office.exv4w3

 

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STRATEGIC RELATIONSHIP UMBRELLA AGREEMENT

By and among

FRANCE TELECOM S.A.

And

EQUANT N.V.

And

SOCIÉTÉ INTERNATIONALE DE TÉLÉCOMMUNICATIONS AÉRONAUTIQUES

And

SITA INFORMATION NETWORKING

COMPUTING N.V.

	 	 	 
	

	Strategic Relationship
Umbrella Agreement

Restated Version with Amendment No. 1 (Errata)	 	
Dated: 30 November 2001

 

 

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TABLE OF CONTENTS

	 	 	 	 	 
	 	 	
RECITALS
	 	1
	
	
	
	

	1.	 	
DEFINITIONS AND INTERPRETATION
	 	2
	
	
	
	

	 	 	
1.1. Definitions
	 	2
	
	
	
	

	 	 	
1.2. Interpretation
	 	2
	
	
	
	

	2.	 	
OBJECTIVES, SCOPE AND PURPOSE OF AGREEMENT
	 	3
	
	
	
	

	 	 	
2.1. Joint Objective
	 	3
	
	
	
	

	 	 	
2.2. SITA Group Companies’ Objectives
	 	3
	
	
	
	

	 	 	
2.3. Equant’s Objectives
	 	4
	
	
	
	

	 	 	
2.4. Scope and Purpose of Agreement
	 	5
	
	
	
	

	3.	 	
TERMINATION OF THE JV AGREEMENT
	 	6
	
	
	
	

	4.	 	
TERM
	 	6
	
	
	
	

	5.	 	
SITA MEMBER ON EQUANT’S SUPERVISORY BOARD
	 	6
	
	
	
	

	6.	 	
RELATIONSHIP MANAGEMENT
	 	7
	
	
	
	

	 	 	
6.1. Executive Committee
	 	7
	
	
	
	

	 	 	
6.2. Dedicated Unit to Support the SITA Group Companies
	 	7
	
	
	
	

	7.	 	
FRANCE TELECOM OBLIGATIONS
	 	7
	
	
	
	

	 	 	
7.1. Transfer of France Telecom’s Interest in Equant
	 	7
	
	
	
	

	 	 	
7.2. Global One Contracts
	 	7
	
	
	
	

	 	 	
7.3. Access to Research and Development Facilities and Resources
	 	8
	
	
	
	

	 	 	
7.4. France Telecom Products and Services
	 	8
	
	
	
	

	8.	 	
DISPUTE RESOLUTION
	 	8
	
	
	
	

	 	 	
8.1. Informal Dispute Resolution
	 	8
	
	
	
	

	 	 	
8.2. Formal Dispute Resolution
	 	9
	
	
	
	

	 	 	
8.3. Special Procedure following Notice of Termination
	 	10
	
	
	
	

	 	 	
8.4. Special Procedure in Case of a Change of Control
	 	10
	
	
	
	

	9.	 	
TERMINATION
	 	11
	
	
	
	

	 	 	
9.1. Termination for Change of Control
	 	11
	
	
	
	

	 	 	
9.2. Termination for Cross-Default
	 	11
	
	
	
	

	10.	 	
CONFIDENTIALITY OF AGREEMENT; PUBLIC ANNOUNCEMENTS
	 	12
	
	
	
	

	11.	 	
General Confidentiality Provisions
	 	13
	
	
	
	

	 	 	
11.1. Protection of Confidential Information
	 	13
	
	
	
	

	 	 	
11.2. Use of Confidential Information
	 	13
	
	
	
	

	 	 	
11.3. Exceptions to Obligations of Confidentiality
	 	14
	
	
	
	

	 	 	
11.4. Equitable Relief
	 	14
	
	
	
	

	 	 	
11.5. Period of Confidentiality
	 	15
	
	
	
	

	12.	 	
GENERAL
	 	15
	
	
	
	

	 	 	
12.1. Governing Law
	 	15
	
	
	
	

	 	 	
12.2. Notices
	 	15
	
	
	
	

	 	 	
12.3. Service of Notice
	 	17
	
	
	
	

	 	 	
12.4. Relationship of Parties
	 	17
	
	
	
	

	 	 	
12.5. Waiver
	 	17
	
	
	
	

	 	 	
12.6. Entire Agreement and Variation
	 	17

	 	 	 
	

	Strategic Relationship
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Restated Version with Amendment No. 1 (Errata)	i	
Dated: 30 November 2001

 

 

	 	 	 	 	 	 	 
	
	
	
	

	12.7.	 	Third Party Beneficiaries	 	 	18	 
	12.8.	 	Assignment	 	 	18	 
	
	
	
	

	12.9.	 	
Counterparts
	 	 	19	 
	
	
	
	

	12.10.	 	
Cumulative Rights
	 	 	19	 
	
	
	
	

	12.11.	 	
Reading Down
	 	 	19	 
	
	
	
	

	12.12.	 	
Severability
	 	 	19	 
	
	
	
	

	12.13.	 	
Contra Proferentem
	 	 	19	 
	
	
	
	

	12.14.	 	
Costs
	 	 	19	 
	
	
	
	

	12.15.	 	
Survival of Terms
	 	 	19	 

SCHEDULES

	 	 	 
	Schedule A	 	
Glossary
	
	
	
	

	Schedule B	 	
Definition of Air Transport Community
	
	
	
	

	Schedule C	 	
Executive Committee Mandate
	
	
	
	

	Schedule D	 	
SITA Relationship Team

	 	 	 
	

	Strategic Relationship
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Restated Version with Amendment No. 1 (Errata)	ii	
Dated: 30 November 2001

 

 

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STRATEGIC RELATIONSHIP UMBRELLA AGREEMENT

PREAMBLE

AGREEMENT dated: 29 June, 2001 as amended ______________ 2001

PARTIES

This Agreement is made by and among:

France Telecom S.A., a société anonyme having its registered office at 6, place
d’ Alleray, 75015 Paris, France (’France Telecom’)

AND

Equant N.V., a Dutch company having its registered office at 21-23
Gatwickstraat, 1043 GL Amsterdam, the Netherlands (‘Equant’)

AND

Société Internationale de Télécommunications Aéronautiques S.C., a Belgian
co-operative company having its registered office at 14 avenue Henri Matisse,
B-1140 Brussels, Belgium (‘SITA SC’)

AND

SITA Information Networking Computing N.V., a Dutch company having its
registered office at Heathrowstraat 10, 1043 CH Amsterdam, the Netherlands
(‘SITA INC’),

(each, a ’Party’ and together, the ’Parties’).

RECITALS

	A.	 	Equant and SITA SC entered into the JV Agreement on 2 October 1995.
	 
	B.	 	The Parties entered into a Heads of Agreement on 19 November 2000, which
sets out the Parties’ objectives in, and establishes the framework for,
restructuring the relationship between SITA SC and Equant following the
acquisition by France Telecom of a majority stake in Equant and consistent
with France Telecom’s plans to merge the network operations of Equant and
SITA SC with those of Global One.
	 
	C.	 	Pursuant to the HOA and on even date herewith, the Parties have also
entered into a Services Agreement pursuant to which Equant will supply
Network Services, Support Services and other services to the SITA Group
Companies, and a Transition and Management Agreement which covers the
transfer of assets, staff and the Network from SITA SC to Equant and the
management of the same pending such transfer, and an

	 	 	 
	

	Strategic Relationship
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Restated Version with Amendment No. 1 (Errata)	1	
Dated: 30 November 2001

 

 

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	 	 	Account Management Agreement concerning inter alia the provision of
Network Services to the Air Transport Community in France.
	 
	D.	 	The Parties agree that this Agreement, the Services Agreement, the
Transition and Management Agreement and the Account Management Agreement
provide the legal framework for their strategic relationship.

Now therefore, the Parties, in consideration of the premises, mutual covenants
and undertakings contained herein, agree as follows:

TERMS AND CONDITIONS

1. DEFINITIONS AND INTERPRETATION

1.1. Definitions

In this Agreement, all capitalised terms shall have the meaning set out in the
Glossary in Schedule A or as defined in the text of this Agreement. The term
‘Air Transport Community’ is defined in Schedule B.

1.2. Interpretation

(a)  In this Agreement, unless the express context indicates or requires a contrary intention:

	 	(i)	 	words suggesting the singular include the plural and vice
versa;
	 
	 	(ii)	 	words suggesting any gender include any other gender;
	 
	 	(iii)	 	references to a ‘legal entity’ include a company,
corporation, partnership, joint venture, co-operative company and
unincorporated or incorporated association or organisation or
statutory authority, and references to a ‘person’ include an
individual or a legal entity;
	 
	 	(iv)	 	headings used in this Agreement are for ease of reference
only and will not affect the interpretation of this Agreement;
	 
	 	(v)	 	references to any agreement or document (including to this
Agreement) are to that agreement or document as amended,
supplemented, varied or replaced from time to time;
	 
	 	(vi)	 	use of the words ‘includes’ or ‘including’ shall be deemed to
be followed by the words ‘without limitation’; and
	 
	 	(vii)	 	a reference to a clause, paragraph, or Schedule means a
clause, paragraph, or schedule to this Agreement.

	 	 	 
	

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2. OBJECTIVES, SCOPE AND PURPOSE OF AGREEMENT

The objectives, scope and purpose of agreement set out in this clause 2 are
intended for interpretive purposes and to serve as a general introduction to
this Agreement, the Services Agreement, the Transition and Management Agreement
and the Account Management Agreement and are not intended to alter the plain
meaning of the express terms and conditions of this Agreement, the Services
Agreement, the Transition and Management Agreement or the Account Management
Agreement. To the extent that any of the express terms and conditions of this
Agreement, the Services Agreement, the Transition and Management Agreement
and/or the Account Management Agreement are ambiguous or are inconsistent, the
objectives, scope and purpose set out in this clause 2 may be used to interpret
the express terms and conditions of this Agreement, the Services Agreement, the
Transition and Management Agreement and/or the Account Management Agreement.

2.1. Joint Objective

The Parties intend through the implementation of this Agreement, the Services
Agreement, the Transition and Management Agreement and the Account Management
Agreement (to the extent that each is a party to such agreements) to create a
new strategic relationship among the Parties in relation to Network Services
following the completion of the Transaction. The intent of the Parties is to
encapsulate the true spirit of partnership that will maintain for the SITA
Group Companies the benefits of the relationship that was established under the
JV Agreement. In particular, while for economic and operational performance
reasons the management of the Network will be under the responsibility of
Equant, this Agreement, the Services Agreement and the Transition and
Management Agreement will ensure the SITA Group Companies’ major role and
influence reflecting its privileged relationship with Equant over Network
issues related to Network Services and Support Services provided to the Air
Transport Community.

2.2. SITA Group Companies’ Objectives

	(a)	 	While responsibility for operational management of the Network will be
transferred to Equant, the SITA Group Companies will maintain their
historic role in relation to the Air Transport Community. It is clear
that the SITA Group Companies’ ability to represent and to provide
services to the Air Transport Community will be of mutual benefit to all
Parties. The SITA Group Companies’ strategic relationship with France
Telecom and Equant is intended to enable the SITA Group Companies to
continue in their historic role, including:

	 	(i)	 	the provision of network coverage that addresses the needs of
the whole Air Transport Community;
	 
	 	(ii)	 	the provision of new services and technologies, and
maintenance and support of legacy systems;
	 
	 	(iii)	 	the maintenance of the highest levels of network
availability and reliability; and

	 	 	 
	

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Restated Version with Amendment No. 1 (Errata)	3	
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	 	(iv)	 	the SITA Group Companies’ major focus on customer service and
customer satisfaction.
	 
	 	 	 	 Pricing and service levels will be an increasingly key issue in order to
permit the SITA Group Companies to meet the needs of the Air Transport
Community. The ability to reduce costs, and to offer ever improving
services at increasingly competitive prices is a major rationale for the
SITA Group Companies in agreeing to enter into this Agreement and to
restructure their relationship with Equant in the context of the
Transaction.

	(b)	 	For the SITA Group Companies to carry out their role effectively, they
must be able to add value for customers through managing all aspects of
the customer interface. The SITA Group Companies will add value if they
can provide, and be seen to be providing, first class customer service and
support throughout the sales process. The SITA Group Companies therefore
view their value added role as being key to the success of the
relationships with Equant and France Telecom.
	 
	(c)	 	In order to be the value added supplier of Network Services to the Air
Transport Community, the SITA Group Companies need to have the
capabilities to manage all aspects of the customer interface from
pre-sales requirements discussions, through implementation and project
management, to fault handling and monitoring of operational performance
standards. In particular, the SITA Group Companies need to have the
ability to design network solutions integrated with other service
offerings, such as applications and desktop, as well as the responsibility
for the management of these complex projects.
	 
	(d)	 	The worldwide presence of the Network, built upon SITA SC’s unique
regulatory status, has long been a key requirement of the Air Transport
Community, and a major factor in the SITA Group Companies’ success. This
worldwide presence must be preserved even in places where there are few or
no Equant customers, or where it is otherwise uneconomic to do so. This
need not impede all development and change in Network architecture and
topography. However, the SITA Group Companies need to have a voice in
relation to modifications to the Network configuration, service and
support in order to retain the role as representative of the Air Transport
Community’s interests.

2.3. Equant’s Objectives

Following the merger with Global One, Equant will continue to focus on
multinational customers requiring trans-border data communications services in
the business-to-business market. Equant’s strategy is to continue to drive
Network volumes by extending the reach of the Network to the user device, so
that Equant’s customers’ employees can access services across the Network
wherever they are working in the world. Equant intends to achieve its overall
objective of increased profitability and shareholder value through its new
relationship with France Telecom, its integration with Global One, and in part
through its strategic relationship with the SITA Group Companies.

Equant’s integrated sales and support units form the core of the company, which
has all the infrastructure to provide, host and manage IP services for delivery
to customers’ user devices.

	 	 	 
	

	Strategic Relationship
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Restated Version with Amendment No. 1 (Errata)	4	
Dated: 30 November 2001

 

 

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Specific to this Agreement, the Services Agreement and the Transition and
Management Agreement, Equant intends to:

	(a)	 	begin full transfer and management of the Network on a seamless basis
from the Effective Date as a platform for providing exceptional services
to the SITA Group Companies and Equant’s customers;
	 
	(b)	 	benefit from the historic position of the SITA Group Companies as a
provider of telecommunications services to the Air Transport Community and
in future as a significant customer of Equant;
	 
	(c)	 	continue to develop the business relationship with the SITA Group
Companies; and
	 
	(d)	 	to obtain in Equant’s name all regulatory licenses, permits and consents
necessary to operate the Network, and to provide the Services, and, to the
extent legally possible and without adversely affecting the basis upon
which the SITA Group Companies serve the Air Transport Community, to
benefit from the SITA Group Companies’ regulatory status in those
countries where Equant is unable to obtain licenses or other authorities
in its own name.

2.4. Scope and Purpose of Agreement

	(a)	 	This Agreement, together with the Services Agreement, the Transition and
Management Agreement and the Account Management Agreement:

	 	(i)	 	provides the legal framework for the Parties’ new strategic
relationship following the completion of the Transaction and the
merger of Equant with Global One; and
	 
	 	(ii)	 	sets out the arrangements for the definition, development,
sale, provision and support of Network Services as required by the
SITA Group Companies on behalf of the Air Transport Community.

	(b)	 	Through these arrangements, the common objective of Equant and the SITA
Group Companies is to adjust regularly network capacity, coverage and
technology to the level of combined needs, so as to ensure best in class
service and lowest unit costs for Network usage, and therefore
profitability for Equant and competitive pricing and quality for the SITA
Group Companies and consequently for the Air Transport Community.
	 
	(c)	 	The Parties acknowledge that the new relationship is not an outsourcing
arrangement but rather a strategic relationship which maintains the SITA
Group Companies’ historic position as a provider of telecommunications and
information services to the Air Transport Community and gives SITA SC the
necessary level of influence as described herein so as to ensure that its
current and future needs resulting from those of the Air Transport
Community are met. The driving force for the strategic relationship is
the Executive Committee whose role and establishment is set out in clause
6.1 below.

	 	 	 
	

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	(d)	 	Ownership and operational management of the Network will transfer to
Equant, but the privileged relationship will be retained for the
fundamentals that are essential to maximise benefits to the Air Transport
Community. To such effect, the SITA Group Companies, as a provider of
services to the Air Transport Community, will be given appropriate
guarantees and privileged treatment as described herein and in the
Services Agreement and the Transition and Management Agreement.

3. TERMINATION OF THE JV AGREEMENT

This Agreement, the Services Agreement and the Transition and Management
Agreement replace and supersede the JV Agreement, which as of the Effective
Date shall be terminated by a separate instrument.

4.     TERM

The term of this Agreement shall commence from and including the Effective Date
and shall continue in effect for so long as either the Services Agreement or
the Transition and Management Agreement remain in force and effect, unless
terminated in accordance with the terms hereof or extended by the mutual
agreement of the Parties.

5.     SITA MEMBER ON EQUANT’S SUPERVISORY BOARD

	(a)	 	Subject to clause 7.8 of the Services Agreement, the SITA SC board of
directors shall have the right to designate a reasonably suitable person
(the ‘SITA Designee’) to be appointed to serve as a
member (‘Board
Member’) of the Supervisory Board of Equant, and Equant agrees to cause
such SITA Designee to be appointed as a Board Member. SITA SC
acknowledges and accepts that such Board Member will be required to adhere
to customary confidentiality and fiduciary obligations imposed under Dutch
law or any other applicable law.
	 
	(b)	 	Subject to clause 7.8 of the Services Agreement, for so long as at least thirty-four (34%) of the capital stock of Equant is beneficially owned by
France Telecom, France Telecom agrees to nominate the SITA Designee to
serve as a Board Member, and to vote all shares of capital stock of Equant
beneficially owned by France Telecom (or to cause the holder of record of
such capital stock to vote) in favour of such SITA Designee’s election as
a Board Member at every meeting of the stockholders of Equant at which
such matters are considered (and at every adjournment thereof).
	 
	(c)	 	The Parties acknowledge that each Party will be entitled to equitable
relief against the others (in addition to any other rights available under
this Agreement or at Law) if any Party breaches any of its obligations
under this clause 5 of this Agreement.

	 	 	 
	

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6.     RELATIONSHIP MANAGEMENT

6.1. Executive Committee

Within fifteen (15) days following the Effective Date, Equant and SITA SC will
establish an Executive Committee, which Equant and SITA SC intend to be the
driving force of the strategic relationship between the Parties. The
composition and procedures of the Executive Committee are set forth in Schedule
C (‘Executive Committee Mandate’) and at all times the Executive Committee
shall act and be governed in accordance with Schedule C. The first meeting of
the Executive Committee shall be convened within thirty (30) days following the
Effective Date.

6.2. Dedicated Unit to Support the SITA Group Companies

Equant will set up a dedicated strategic partner
unit (the ‘SITA Relationship
Team’) as described in Schedule D (‘SITA Relationship Team’) headed by the
Equant Project Executive to support the requirements of the SITA Group
Companies. The SITA Relationship Team will form the primary interface between
the Equant and the SITA Group Companies in facilitating and enabling their
business relationship. Equant acknowledges that the SITA Relationship Team
will not be the exclusive communication channel between the Equant and the SITA
Group Companies at an operational level and recognises that additional
communication channels and ad hoc contacts will be necessary.

7.     FRANCE TELECOM OBLIGATIONS

7.1. Transfer of France Telecom’s Interest in Equant

Prior to the sale or transfer by France Telecom of five percent (5%) or more of
the capital stock of Equant to any competitor of SITA SC (other than a
wholly-owned subsidiary of France Telecom), France Telecom agrees to cause such
competitor to agree not to use the Network to provide services to the Air
Transport Community or sell Network Services provided by Equant to the Air
Transport Community. Nothing in this clause 7.1 shall be construed to relieve
France Telecom from complying with clause 8.3, clause 8.4 or clause 9.1 of this
Agreement in the event of a Change of Control of Equant.

7.2. Global One Contracts

France Telecom shall, or shall cause Global One to, assign or transfer to
Equant, and Equant shall assume, the Global One ATC Contracts, as such term is
defined in clause 6.4 of the Services Agreement, subject to such assignment:

         (a)  being permitted according to Law; and

         (b)  subject to consent to assignment being given by the relevant customers.

	 	 	 
	

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7.3. Access to Research and Development Facilities and Resources

[ * ]

7.4. France Telecom Products and Services

[ * ]

8.     DISPUTE RESOLUTION

Other than disputes as to a Party’s right to terminate this Agreement, the
Services Agreement or the Transition and Management Agreement following
delivery of a notice of termination in accordance with the notice provisions
herein or therein, any dispute between the Parties arising out of or relating
to this Agreement, the Services Agreement or the Transition and Management
Agreement, as applicable, and any dispute referred pursuant to the Account
Management Agreement, shall be resolved as provided in clause 8.1 and clause
8.2. Disputes as to a Party’s right to terminate this Agreement, the Services
Agreement, or the Transition and Management Agreement following delivery of a
notice of termination in accordance with the notice provisions herein or
therein shall be resolved pursuant to clause 8.2 and clause 8.3, without a
requirement to pursue informal dispute resolution pursuant to clause 8.1.

Except as set out in clause 10 or clause 11, without the Consent of each Party
involved in a dispute, no Party shall disclose to any person that is not a
Party to this Agreement that a dispute exists or existed, is to be or has been
referred to either the informal dispute resolution procedure pursuant to clause
8.1 or the formal dispute resolution procedure pursuant to clause 8.2, or the
results of such dispute resolution.

8.1. Informal Dispute Resolution

Prior to the initiation of the formal dispute resolution procedures identified
under clause 8.2 below, the Parties shall first attempt to resolve the dispute
as follows.

	(a)	 	If the dispute involves solely Equant and SITA SC, then either Equant or
SITA SC may initiate the informal dispute resolution procedure by
submitting the dispute in writing to the Executive Committee. If the
Executive Committee is unable to resolve the dispute by unanimous
resolution at its next meeting, it shall have a period of fifteen (15)
days during which time the members of the Executive Committee will attempt
to resolve the dispute. If the Executive Committee is still unable to
resolve the dispute by the end of such fifteen (15) day period, it will
escalate the dispute to the chief executive officer of Equant and the
Director General of SITA SC for resolution. If the chief executive
officer of Equant and the Director General of SITA SC cannot resolve the
dispute within fifteen (15) days

	 	 	 
	

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	 	 	 after the date that the Executive Committee escalated such dispute, then
either Equant or SITA SC may refer such dispute for resolution pursuant
to clause 8.1(c).
	 
	(b)	 	In the case of any dispute other than those disputes described in clause
8.1(a) (including for the avoidance of doubt any dispute involving France
Telecom or SITA INC if SITA INC is no longer Controlled by the SITA INC
Foundation, or any dispute referred pursuant to the Account Management
Agreement), any Party concerned in such a dispute may initiate the
informal dispute resolution procedure by delivering written notice
pursuant to clause 12.2 describing such dispute and requesting initiation
of the informal dispute resolution procedure. Upon receipt of such
notice, the chief executive officer (or the relevant individual holding a
similar position) of each Party concerned shall meet to attempt to resolve
the dispute. If such chief executive officers (or the relevant
individuals holding similar positions) cannot resolve the dispute within
fifteen (15) days after the date of receipt of such notice, any Party
concerned may refer the dispute for resolution pursuant to clause 8.1(c).
	 
	(c)	 	In respect of any dispute referred by a Party pursuant to clause 8.1(a)
or clause 8.1(b) and remaining unresolved, such dispute shall be referred
to a committee (‘Board Committee’) composed of:

	 	(i)	 	the chairman of the supervisory board or board of directors,
as applicable, of each Party concerned, and
	 
	 	(ii)	 	an independent third party chosen by agreement of such
chairmen.

	(d)	 	Any Party concerned in a dispute referred to in clause 8.1(c) may
initiate the formal dispute resolution process set out in clause 8.2 by
delivering a written notice pursuant to clause 12.2 if either:

	 	(i)	 	the chairmen of the Parties concerned are unable to agree on
an independent third party member of the Board Committee; or
	 
	 	(ii)	 	if the Board Committee cannot unanimously resolve the
dispute,

	 	 	 within sixty (60) days after (A) the date that written notice of the
dispute was submitted to the Executive Committee in the case of those
disputes described in clause 8.1(a); or (B) the date of receipt of the
written notice referred to in clause 8.1(b).
	 
	(e)	 	If any dispute subject to clause 8.1 is not resolved in accordance with
this clause 8.1, any Party concerned in such dispute may refer it to the
formal dispute resolution procedure set out in clause 8.2 by delivering a
written notice pursuant to clause 12.2.

8.2. Formal Dispute Resolution

	(a)	 	Any dispute (i) referred by a Party pursuant to clause 8.1(d) or clause
8.1(e) above, or (ii) as to a Party’s right to terminate this Agreement,
the Services Agreement or the Transition and Management Agreement, as
applicable, following delivery of a notice of termination in accordance
with the notice provisions herein or therein, shall be referred to

	 	 	 
	

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	 	 	arbitration under the Rules of Arbitration of the International Chamber
of Commerce (‘ICC Rules’). Disputes described in clause 8.2(a)(ii) will
be decided by a panel of three (3) arbitrators appointed in accordance
with the ICC Rules, and all other disputes will be decided by a single
arbitrator appointed in accordance with the ICC Rules.
	 
	(b)	 	The place of arbitration shall be in London and the award of the
arbitrator (or panel of arbitrators, as applicable) shall be final and
binding upon the Parties.

8.3. Special Procedure following Notice of Termination

If a Party has delivered a notice of termination of this Agreement, the
Services Agreement, or the Transition and Management Agreement, as applicable,
in accordance with the notice provisions herein or therein, the chief executive
officer (or the relevant individual holding a similar position) of each Party
concerned shall meet within fourteen (14) days after the date of such delivery
for the purpose of defining the scope of the dispute, if any, that will be
referred to formal dispute resolution. Such chief executive officers (or the
relevant individuals holding similar positions) may include as attendees at
such meeting a reasonable number of business managers and/or legal or other
advisors as he or she requires to assist in the purpose of such meeting.

8.4. Special Procedure in Case of a Change of Control

	(a)	 	Following delivery of a written notice pursuant to clause 12.2 that a
Change of Control of a Equant or SITA SC (the ‘Affected Party’) has
occurred or is proposed (which notice will be delivered in any event
promptly after the date that the Change of Control occurs):

	 	(i)	 	if Equant is the Affected Party and following such Change of
Control Equant will be Controlled by a competitor of SITA SC, then
SITA SC, France Telecom and Equant shall consult with each other as
to appropriate measures to be taken to preserve the SITA Group
Companies’ legitimate best interests under this Agreement, the
Services Agreement and the Transition and Management Agreement; and
	 
	 	(ii)	 	if SITA SC is the Affected Party and following such Change of
Control SITA SC will be Controlled by a competitor of Equant, then
Equant and SITA SC shall consult with each other as to the
appropriate measures to be taken to preserve Equant’s legitimate
best interests under this Agreement, the Services Agreement and the
Transition and Management Agreement.

	(b)	 	If the relevant Parties cannot reach agreement as to the appropriate
measures required to be taken pursuant to clause 8.4(a), then the
following escalation procedures will apply:

	 	(i)	 	the Executive Committee together with a representative of
France Telecom shall promptly convene a meeting to discuss the
appropriate measures to be taken pursuant to clause 8.4(a), and
shall brief the chief executive officer (or the relevant individual
holding a similar position) of each Party concerned as to the
results of such meeting;

	 	 	 
	

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	 	(ii)	 	such chief executive officers (or the relevant individuals
holding similar positions) of each Party shall promptly meet to
discuss the results of such Executive Committee meeting, and if such
chief executives officers (or the relevant individuals holding
similar positions) cannot unanimously agree as to the appropriate
measures required to be taken pursuant to clause 8.4(a), then the
matter shall be referred for discussion to the chairmen of either
the supervisory board or board of directors, as applicable, of each
Party concerned; and
	 
	 	(iii)	 	such chairmen shall promptly meet to discuss the results of
the meeting described in clause 8.4(b)(ii) and if such chairmen
cannot unanimously agree as to the appropriate measures required to
be taken pursuant to clause 8.4(a), then the relevant Party shall
have the right pursuant to clause 9.1 to terminate, at its option
and in its sole and absolute discretion, this Agreement and/or the
Services Agreement and to commence renegotiations of the Transition
and Management Agreement as contemplated by clause 27.10 of the
Services Agreement.

	(c)	 	If either Equant or SITA SC delivers notice of a proposed Change of Control
that has not yet been consummated, the procedure set out in clause 8.4(b)
shall be conducted with a view (but no obligation) to determine, prior to
the date on which the Change of Control is scheduled to occur, whether the
relevant Party intends to exercise its right to terminate this Agreement
and/or the Services Agreement.

9. TERMINATION

9.1. Termination for Change of Control

	(a)	 	If Equant is the Affected Party, after following the procedures set forth
in clause 8.4(a)(i) and clause 8.4(b), then SITA SC may not later than
thirty (30) days from the date that such Change of Control of Equant
occurs or such longer period as it takes to complete the escalation
procedures set out in clause 8.4(a)(i) and clause 8.4(b), deliver a
written notice to France Telecom and Equant pursuant to clause 12.2
terminating this Agreement and/or the Services Agreement as of a date no
earlier than twelve (12) months following the effective date of such
notice pursuant to clause 12.3.
	 
	(b)	 	If SITA SC is the Affected Party, after following the procedures set
forth in clause 8.4(a)(ii) and clause 8.4(b), then France Telecom may
not later than thirty (30) days after the date such Change of Control of SITA SC
occurs or such longer period as it takes to complete the escalation
procedures set out in clause 8.4(a)(ii) and clause 8.4(b), deliver a
written notice to SITA SC pursuant to clause 12.2 terminating this
Agreement and/or authorising Equant to terminate the Services Agreement as
of a date no earlier than twelve (12) months following the effective date
of such notice pursuant to clause 12.3.

9.2. Termination for Cross-Default

	(a)	 	If SITA SC terminates the Services Agreement pursuant to clause 27
thereof, then SITA SC shall also have the right, at its option, to
terminate this Agreement immediately upon written notice to France
Telecom, Equant and SITA INC, such termination to have effect on the date
the Services Agreement is terminated.

	 	 	 
	

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	(b)	 	If Equant terminates the Services Agreement pursuant to clause 27
thereof, then each of France Telecom and Equant shall have the right, at its
option, to terminate this Agreement immediately upon written notice to
France Telecom, SITA SC, Equant, and SITA INC, such termination to have effect on
the date the Services Agreement is terminated.
	 
	(c)	 	If SITA INC terminates its participation in the Services Agreement
pursuant to clause 27 thereof, then SITA INC shall also have the right, at
its option, to terminate its participation in this Agreement immediately
upon written notice to France Telecom, Equant and SITA SC.
	 
	(d)	 	There are no cross-defaults except those explicitly stated in clause 9.2
of this Agreement or clause 27.8 of the Services Agreement. Except as
stated above, the Parties acknowledge that neither this Agreement, the
Services Agreement and the Transition or Management Agreement should be
read or interpreted, either separately or together, as implying any
cross-defaults.

10. CONFIDENTIALITY OF AGREEMENT; PUBLIC ANNOUNCEMENTS

	(a)	 	Except as provided in clause 11.3, no Party shall disclose to any third party
this Agreement, the Services Agreement,
the Transition and Management Agreement or the Account Management
Agreement or any of the terms and conditions or other provisions contained
in any of them (including any schedules or other attachments to any of
them) except: 

	 	(i)	 	with the prior written consent of all of the other Parties;
or
	 
	 	(ii)	 	only as required by applicable Law and then only to the
extent required by such Law.

	(b)	 	Except as provided under clause 11.3, no Party shall make any public
announcement with respect to this Agreement, the Services Agreement, the
Transition and Management Agreement or the Account Management Agreement or
the strategic relationship of the Parties without the prior consent of all
of the other Parties, provided that any Party (or, in the case of SITA
SC, a SITA Group Company) may name the others as a customer or supplier, as
applicable, and disclose the general nature of the overall arrangement
between the Parties under such agreements. A “public announcement” under
this clause 10(b) does not include internal communications within Equant
(including Network Staff) and SITA SC (or the applicable SITA Group
Company).

	 	 	 
	

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11. GENERAL CONFIDENTIALITY PROVISIONS

11.1. Protection of Confidential Information

Except as provided under clause 11.3, each Party shall, and shall cause its
Affiliates and its and its Affiliates’ respective directors, officers,
employees, contractors, consultants, advisors and agents to:

	(a)	 	keep confidential all Confidential Information given by one Party (the
‘Disclosing Party’) to another Party (the ‘Recipient’) or otherwise
obtained pursuant to this Agreement by the Recipient, using at least the
same level of care that the Recipient uses or affords to its own
Confidential Information but in no event less than a reasonable degree of
care, including maintaining reasonable security practices against any
unauthorised copying, use, disclosure, access, damage or destruction of
the Confidential Information;
	 
	(b)	 	not (except as expressly permitted) disclose the Confidential
Information, make copies of material containing the Confidential
Information or otherwise use the Confidential Information (except as set
forth in clause 11.2);
	 
	(c)	 	safeguard the Confidential Information and comply with any requirements
specified by the Disclosing Party from time to time;
	 
	(d)	 	promptly notify the Disclosing Party if the Recipient reasonably believes
or knows of any unauthorised access, copying, use or disclosure in any
form or if the Recipient is required by Law to disclose any of the
Disclosing Party’s Confidential Information;
	 
	(e)	 	take all reasonable steps to enforce any obligation of confidence imposed
or required to be imposed by this Agreement; and
	 
	(f)	 	give all reasonable assistance (including, if necessary, the execution of
appropriate documents to assist the Disclosing Party to pursue any legal
actions) reasonably required by the Disclosing Party to enforce any
obligation of confidence imposed or required to be imposed by this
Agreement.

11.2. Use of Confidential Information

	(a)	 	Except to the extent expressly provided otherwise in this Agreement and
Schedule W of the Services Agreement, the Recipient may only use and copy
the Disclosing Party’s Confidential Information to the extent necessary:

	 	(i)	 	to comply with its obligations under this Agreement;
	 
	 	(ii)	 	to enable the Recipient to exercise its rights under this
Agreement, including obtaining any intended benefits under this
Agreement; or
	 
	 	(iii)	 	to enable the Recipient to comply with any applicable Law.

	 	 	 
	

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	 	(iv)	 	Except to the extent expressly provided otherwise in this
Agreement and Schedule W of the Services Agreement, the Recipient
shall limit distribution of the Disclosing Party’s Confidential
Information solely on a need to know basis to (1) individuals within
its organisation (including only its employees, directors and
officers) and (2) the Recipient’s professional advisors,
contractors, Affiliates or business partners who are bound by
obligations of confidentiality covering the Disclosing Party’s
Confidential Information disclosed to them that are no less
protective than the terms and conditions of this Clause 11.

11.3. Exceptions to Obligations of Confidentiality

The burden of proving the existence of an exception to the confidentiality
obligations set out in this clause 11.3 shall always be on the Party seeking to
avail itself of such exception, including in dispute resolution or court
proceedings brought by the Disclosing Party, including where arbitration or
court procedural rules would otherwise impose the burden of proof on the
Disclosing Party. Nothing in this Agreement prohibits the use or disclosure by
the Recipient of any particular Confidential Information of the Disclosing
Party by a Party to the extent that:

	(a)	 	the information has become generally available public knowledge other
than due to a violation of this Agreement;
	 
	(b)	 	based on the written advice of such Party’s legal counsel, the disclosure
is expressly required by Law, but in the event of any such proposed
disclosure, such Party required to make such disclosure shall give the
Disclosing Party reasonable advance written notice of the disclosure,
including specifying the Confidential Information to be disclosed, the
content of such disclosure (as it relates to such Confidential Information, and the circumstances
necessitating such disclosure. The Recipient will reasonably co-operate
with the Disclosing Party in order to minimise the amount of Confidential
Information disclosed under this Clause 11.3(b) and, if requested by the
Disclosing Party, the Recipient will seek measures protecting such
disclosure and protecting against further disclosure, or any misuse or
misappropriation of such Confidential Information;
	 
	(c)	 	the information has been independently developed by the Party without
reference to the Confidential Information of the Disclosing Party;
	 
	(d)	 	the information has been lawfully obtained by the Party from a third
party source under no obligation of confidentiality to the Disclosing
Party, provided that such third party source itself lawfully obtained the
Confidential Information; or
	 
	(e)	 	the Disclosing Party has approved in writing the particular use or
disclosure of the Confidential Information.

11.4. Equitable Relief

The Parties acknowledge that the Disclosing Party will be entitled to equitable
relief or appropriate court order(s) against the Recipient (in addition to any
other rights available under this Agreement or at Law) from any court of
competent jurisdiction for any breach or threatened breach by the Recipient of
its obligations under this clause 11.

	 	 	 
	

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11.5. Period of Confidentiality

Each Party’s obligations with respect to Confidential Information disclosed
under this Agreement will survive for five (5) years after the date of expiry
or termination of this Agreement.

12.     GENERAL

12.1. Governing Law

The construction, performance, validity and remedies for breach of this
Agreement shall be governed by English law.

12.2. Notices

A Party notifying or giving notice under this Agreement will give notice:

	(a)	 	in writing and in the English language;
	 
	(b)	 	by (i) hand delivery or sent by prepaid first class post, (ii) air
courier delivery service to that address, or (iii) electronic mail or
facsimile (only if confirmed by telephone); and
	 
	(c)	 	addressed to all other Parties to the attention of the designated
person(s) set out below or as altered by notice given in accordance with
this clause:

	 	 	 	 	 
	 	 	
For France Telecom:
	 	General Counsel
	
	
	
	

	 	 	 	 	International Legal Operations
	
	
	
	

	 	 	 	 	France Telecom
	
	
	
	

	 	 	 	 	6, place d’Alleray
	
	
	
	

	 	 	 	 	75505 Paris Cedex 5
	
	
	
	

	 	 	 	 	France
	
	
	
	

	 	 	 	 	 
	
	
	
	

	 	 	 	 	Copy to:
	
	
	
	

	 	 	 	 	John Crozier
	
	
	
	

	 	 	 	 	Linklaters
	
	
	
	

	 	 	 	 	One Silk Street
	
	
	
	

	 	 	 	 	London EC2Y 8HQ
	
	
	
	

	 	 	 	 	United Kingdom
	
	
	
	

	 	 	 	 	 
	
	
	
	

	 	 	
For SITA SC:
	 	Secretary General
	
	
	
	

	 	 	 	 	Société Internationale de Télécommunications Aéronautiques S.C.
	
	
	
	

	 	 	 	 	26, Chemin de Joinville
	
	
	
	

	 	 	 	 	P.O. Box 31
	
	
	
	

	 	 	 	 	1216 Cointrin – Geneva
	
	
	
	

	 	 	 	 	Switzerland

	 	 	 
	

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Copy to:
	
	
	
	

	 	 	
General Counsel
	
	
	
	

	 	 	
Société Internationale de Télécommunications Aéronautiques S.C.
	
	
	
	

	 	 	
26, Chemin de Joinville
	
	
	
	

	 	 	
P.O. Box 31
	
	
	
	

	 	 	
1216 Cointrin – Geneva
	
	
	
	

	 	 	
Switzerland
	
	
	
	

	 	 	 
	
	
	
	

	For SITA INC:	 	
Corporate Secretary
	
	
	
	

	 	 	
SITA Information Networking Computing N.V.
	
	
	
	

	 	 	
Heathrowstraat 10
	
	
	
	

	 	 	
1043 CH Amsterdam
	
	
	
	

	 	 	
The Netherlands
	
	
	
	

	 	 	 
	
	
	
	

	 	 	
Attention:
	
	
	
	

	 	 	
General Counsel
	
	
	
	

	 	 	
Société Internationale de Télécommunications Aéronautiques S.C.
	
	
	
	

	 	 	
26, Chemin de Joinville
	
	
	
	

	 	 	
P.O. Box 31
	
	
	
	

	 	 	
1216 Cointrin – Geneva
	
	
	
	

	 	 	
Switzerland
	
	
	
	

	 	 	 
	
	
	
	

	For Equant:	 	
Vice President and General Manager SITA Account
	
	
	
	

	 	 	
Equant N.V.
	
	
	
	

	 	 	
400 Galleria Parkway, S.E.
	
	
	
	

	 	 	
Atlanta GA 30339-5980
	
	
	
	

	 	 	
United States of America
	
	
	
	

	 	 	 
	
	
	
	

	 	 	
Copy to:
	
	
	
	

	 	 	
General Counsel
	
	
	
	

	 	 	
Equant, N.V.
	
	
	
	

	 	 	
12490 Sunrise Valley Drive
	
	
	
	

	 	 	
Reston VA 20196
	
	
	
	

	 	 	
United States of America

	(d)	 	Unless SITA INC is no longer Controlled by the SITA INC Foundation,
France Telecom and Equant shall provide any notice given by France Telecom
or Equant to SITA INC to both SITA SC and to SITA INC at the same time.

12.3. Service of Notice

A notice given in accordance with clause 12.2 is received:

	 	 	 
	

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	(a)	 	if hand delivered to another Party, on the date of delivery;
	 
	(b)	 	if sent by prepaid first-class post, five (5) Business Days after the
date of posting; or
	 
	(c)	 	if sent by courier delivery service, electronic mail or facsimile, on the
date of delivery.

Except for notices sent by facsimile, in each instance the Party delivering
such notice shall for the convenience of the Party or Parties to which such
notice is delivered also transmit such notice by facsimile; provided, however,
that the failure to do so shall not affect either the fact or the date and time
of delivery of such notice.

12.4. Relationship of Parties

	(a)	 	Nothing in this Agreement or any circumstances associated with it or its
performance shall give rise to any relationship of agency, partnership or
employer and employee between the Parties or between a Party and another
Party’s agents, employees or sub-contractors.
	 
	(b)	 	Except as expressly provided in this Agreement, none of the Parties shall
have any authority to act or make representations on behalf of any of the
other Parties, nor to create contractual liability to a third party on
behalf of (or otherwise contractually bind) any of the other Parties.

12.5. Waiver

	(a)	 	If a Party has a right arising from another Party’s failure to comply
with an obligation under this Agreement, and delays in exercising or does
not exercise that right, then that delay in exercising or failure to
exercise is not a waiver of that right or any other right.
	 
	(b)	 	A waiver by a Party of a right in one instance does not constitute a
waiver of that right or any other right in any other instance, without
regard to the similarity of circumstances, unless the Party specifically
waives such right or other right in the second instance.
	 
	(c)	 	Any waiver of a right by a Party making such waiver must be in writing in
a notice transmitted in accordance with clause 12.2 executed by the Party
making such waiver.

12.6. Entire Agreement and Variation

	(a)	 	This Agreement, the Services Agreement, the Transition and Management
Agreement and the Account Management Agreement form the strategic
relationship among the Parties and:

	 	(i)	 	constitute the entire agreement between the Parties as to the
strategic relationship and this transaction; and
	 
	 	(ii)	 	the foregoing agreements replace and supersede any prior
understanding or agreement between the Parties in respect of the
strategic relationship and this transaction and any prior draft,
statement, undertaking, agreement,

	 	 	 
	

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	 	 	 	  understanding, condition, warranty, indemnity or representation
imposed, given or made by a Party (including the JV Agreement and
the HOA) prior to the Effective Date (collectively, the
‘Pre-Contractual Statements’) and no Party shall have any claim or
right of action in respect of the Pre-Contractual Statements
except in respect fraudulent misrepresentation. For the avoidance
of doubt, no Pre-Contractual Statements may be used in the
interpretation or construction of this Agreement.

	(b)	 	This Agreement may only be amended in writing when signed by the Parties
concerned with each particular amendment.
	 
	(c)	 	Nothing in this clause 12.6 purports to exclude any Party’s liability for
fraudulent misrepresentation.

12.7. Third Party Beneficiaries

	(a)	 	Nothing in this Agreement, express or implied, is intended to confer upon
any person other than FranceTelecom, Equant, SITA SC, and SITA INC, or their respective
successors or permitted assignees any rights or remedies under or by
reason of this Agreement.
	 
	(b)	 	The Parties do not intend that any term of this Agreement should be
enforceable by virtue of the Contracts (Rights of Third Parties) Act 1999
by any person who is not a Party to this Agreement.

12.8. Assignment

	(a)	 	A Party may not assign its rights or transfer its obligations under this
Agreement without the prior written consent of the other Parties, except
that:

	 	(i)	 	no consent is required in the case of assignment by a Party
to one of its majority-owned subsidiaries; and
	 
	 	(ii)	 	no consent is required for Equant to assign its rights and
transfer its obligations under this Agreement to the successor
entity of the merger of Equant and Global One.

	(b)	 	Following a Change of Control of Equant or SITA SC, as applicable, if the
relevant Party has (i) given written notice of its determination not to
exercise its right to terminate this Agreement pursuant to clause 9.1; or
(ii) has not given notice of termination of this Agreement within the
period set out in clause 9.1, then the Affected Party may assign this
Agreement to the third party purchasing all or substantially all of the
assets of the Affected Party as described in paragraph (a) of the
definition of Change of Control.
	 
	(c)	 	Any attempt by a Party to assign its rights or transfer its obligations
under this Agreement in violation of clause 12.8(a) or clause 12.8(b) is
null and void.

	 	 	 
	

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Restated Version with Amendment No. 1 (Errata)	18	
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12.9. Counterparts

This Agreement may be executed in several counterparts, each of which shall be
deemed to be an original and all of which taken together will constitute one
single agreement between the Parties.

12.10. Cumulative Rights

A right, power, remedy, entitlement or privilege given or granted to a Party
under this Agreement is cumulative with, without prejudice to and not exclusive
of any other right, power, remedy, entitlement or privilege granted or given
under this Agreement or by Law.

12.11. Reading Down

If a provision of this Agreement is reasonably capable of an interpretation
which would make that provision valid and enforceable and an alternative
interpretation that would make it unenforceable, illegal, invalid or void then,
so far as is possible, that provision will be interpreted or construed, taking into account (i) the objectives, scope and
purposes set forth in clause 2; and (ii) the fact that the commercial
intentions of this Agreement are based on symmetry and balance among the
Parties, to be limited and read down to the extent necessary to make it valid
and enforceable.

12.12. Severability

If any provision is deemed invalid, illegal or unenforceable, then the
remainder of this Agreement shall stand; provided, however, that the Parties
shall negotiate in good faith to adjust the terms of this Agreement to ensure
that the Parties original commercial intentions are achieved as much as
reasonably possible. The commercial intentions of this Agreement are based on
symmetry and balance between the Parties.

12.13. Contra Proferentem

No rule of construction will apply in the interpretation of this Agreement to
the disadvantage of one Party on the basis that such Party put forward or
drafted this Agreement or any provision of this Agreement.

12.14. Costs

Each Party shall bear its own legal and other costs and expenses of, and
incidental to, the preparation, execution and completion of this Agreement and
of any related documentation.

12.15. Survival of Terms

The following terms will survive the termination or expiry of this Agreement:

	(a)	 	for so long as either the Services Agreement, the Transition and
Management Agreement or the Account Management Agreement is in effect,
clause 6.1 (Executive Committee) and clause 8 (Dispute Resolution);

	 	 	 
	

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Umbrella Agreement

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	(b)	 	for so long as the Services Agreement is in effect, clause 5 (SITA Member
on Equant’s Supervisory Board) (subject to the provisions of clause 7.8 of
the Services Agreement), and clause 6.2 (Dedicated Unit to Support the
SITA Group Companies);
	 
	(c)	 	clause 10 (Confidentiality of Agreement; Public Announcements);
	 
	(d)	 	clause 11 (General Confidentiality Provisions);
	 
	(e)	 	clause 12.1 (Governing Law);
	 
	(f)	 	clause 12.5 (Waiver);
	 
	(g)	 	clause 12.7 (Third Party Beneficiaries);
	 
	(h)	 	clause 12.10 (Cumulative Rights);
	 
	(i)	 	clause 12.11 (Reading Down);
	 
	(j)	 	clause 12.12 (Severability);
	 
	(k)	 	clause 12.13 (Contra Proferentem); and
	 
	(l)	 	clause 12.15 (Survival of Terms).

THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.

	 	 	 
	

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EXECUTED by the Parties:

	 	 	 	 	 	 	 
	 	 	 	
)
	 	 	/s/ Bernard Izerable
	
	
	
	

	SIGNED for and on behalf of	 	 	
)
	 	 	

	
	
	
	

	France Telecom S.A.	 	 	
)
	 	 	Signature of officer
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	 	 	 	
)
	 	 	Bernard Izerable
	
	
	
	

	 	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Name of officer (print)
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	 	 	 	
)
	 	 	Executive Vice President, International
	
	
	
	

	 	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Office held
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	SIGNED for and on behalf of	 	 	
)
	 	 	/s/ Didier Delepine
	
	
	
	

	Equant N.V	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Signature of officer
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	 	 	 	
)
	 	 	Didier Delepine
	
	
	
	

	 	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Name of officer (print)
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	 	 	 	
)
	 	 	President & CEO
	
	
	
	

	 	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Office held
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	SIGNED for and on behalf of	 	 	
)
	 	 	/s/ John Oliver Watson
	
	
	
	

	Société Internationale de	 	 	
)
	 	 	

	
	
	
	

	Télécommunications Aéronautiques S.C	 	 	
)
	 	 	Signature of officer
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	 	 	 	
)
	 	 	John Oliver Watson
	
	
	
	

	 	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Name of officer (print)
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	 	 	 	
)
	 	 	Director General
	
	
	
	

	 	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Office held
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	SIGNED for and on behalf of	 	 	
)
	 	 	/s/ John Oliver Watson
	
	
	
	

	SITA Information Networking	 	 	
)
	 	 	

	
	
	
	

	Computing N.V	 	 	
)
	 	 	Signature of officer
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	 	 	 	
)
	 	 	John Oliver Watson
	
	
	
	

	 	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Name of officer (print)
	
	
	
	

	 	 	 	 	 	 	 
	
	
	
	

	 	 	 	
)
	 	 	Managing Director
	
	
	
	

	 	 	 	
)
	 	 	

	
	
	
	

	 	 	 	
)
	 	 	Office held

	 	 	 
	

	Strategic Relationship
Umbrella Agreement

Restated Version with Amendment No. 1 (Errata)		
Dated: 30 November 2001

 

 

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SCHEDULE A

GLOSSARY

‘Account Management Agreement’ means the Account Management Agreement executed by SITA SC, SITA INC
and France Telecom on 29 June 2001.

‘Affected Party’ means a Party that has delivered notice of an actual or proposed Change of
Control of such Party.

‘Affiliate’ means in respect of any legal entity, any other legal entity that Controls, is
Controlled by or is under common Control with such legal entity.

‘Agreement’ means this Strategic Relationship Umbrella Agreement including all of the
Schedules, all attachments to such Schedules, and all of the appendices to such Schedules,
all as amended from time to time.

‘Air Transport Community’ has the
meaning set forth in Schedule B (‘Definition of Air
Transport Community’) to this Agreement.

‘Board Committee’ has the meaning set forth in clause 8.1(c) of this Agreement.

‘Board Member’ has the meaning set forth in clause 5(a) of this Agreement.

‘Change of Control’ shall with respect to a legal entity mean:

	(a)	 	the sale of other disposition by such legal entity of all, or substantially all, of the
assets of such legal entity; or
	 
	(b)	 	the sale or other disposition of more than 50% of the capital stock of such legal entity
(other than to an Affiliate, or a bona fide pledge in connection with a financing); or
	 
	(c)	 	a merger, consolidation or other business combination involving such legal entity, which
results in the stockholders, or certificate holders, as applicable, of such legal entity
and/or its Affiliates immediately prior to such event owning less than 50% of the capital
stock of the surviving entity.

‘Confidential Information’ means in relation to France Telecom, SITA SC,
SITA INC,
and Equant, and each of their respective Affiliates:

	(a)	 	information that relates to the financial position, business, budget, financial and
product or marketing strategies, forecasts or projections of such entity, customer
information and lists, pricing information, costs data, estimates, market surveys, source
codes, the internal management or structure of such entity, technology plans, technical
studies or designs, trade secrets and other trade information, database models or personnel;
	 
	(b)	 	information that is marked by such entity as confidential or
if disclosed orally is
identified as confidential;

	 	 	 	 	 
	

	Strategic Relationship Umbrella Agreement

Schedule A (Glossary)
Restated Version with Amendment No. 1
(Errata)	 	
A-1
	 	Dated: 30 November 2001

 

 

Commercial-In-Confidence

	(c)	 	this Agreement, the Services Agreement, the Transition and Management Agreement and the
Account Management Agreement, and the terms and conditions or other provisions contained in each of them (including any schedules or other attachment thereto);
	 
	(d)	 	in the case of Equant, the Equant IPR; and
	 
	(e)	 	in the case of SITA SC and SITA INC, the SITA IPR.

‘Consent’ means any approval, acceptance or consent by a Party that is required under this
Agreement. Pursuant to relevant clauses in this Agreement, except where expressly provided
as being in the sole and absolute discretion of a Party, Consent will not be unreasonably
withheld, conditioned or delayed.

‘Contribution Agreement’ means the Contribution Agreement executed by France Telecom, Atlas
Telecommunications S.A. and Equant on 19 November 2000.

‘Control’ and derivative terms (such as Controlling or Controlled) means, with respect to
any legal entity, the possession, directly or indirectly, of the power to direct or cause
the direction of the management policies of such legal entity, whether through the ownership
of voting securities or by contract or otherwise.

‘Country’ means any national or federal jurisdiction or territory.

‘Disclosing Party’ has the meaning set forth in clause 11.1(a) of this Agreement.

‘Dispute Resolution Procedures’,
‘Dispute Resolution Proceeding’ and ‘Dispute Resolution Process’ each means the procedures set forth in clause 8 of this Agreement.

‘Effective Date’ means 1 July 2001.

‘Equant Group Companies’ means, at any time during the Term, Equant N.V. and its Affiliates.

‘Equant Non-Solicitation Obligation’ means the obligation of Equant not to solicit customers
within the Air Transport Community, as set forth in clause 7.4 of the Services Agreement.

‘Equant Project Executive’ has the meaning set forth in clause 20.2 of the Services
Agreement.

‘Exclusivity Obligation’ means the obligation of the SITA Group Companies to purchase
Network Services exclusively from Equant, as set forth in clause 7.2 of the Services
Agreement.

‘Executive Committee’ has the meaning set forth in clause 6.1 of this Agreement.

‘Executive Committee Mandate’ has the meaning set forth in clause 6.2 of this Agreement.

‘France Telecom’ means France Telecom S.A., a société anonyme having its registered office
at 6, place d’Alleray, 75015 Paris Cedex 5, France.

‘Global One’ means Global One Communications Holding B.V. and Global One Communications
World Holding B.V. of Klaprozenweg 75, 1033 NN Amsterdam, The Netherlands.

	 	 	 	 	 
	

	Strategic Relationship Umbrella Agreement

Schedule A (Glossary)

Restated Version with Amendment No. 1	 	
A-2
	 	Dated: 30 November 2001

 

 

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‘Global One ATC Contracts’ has the meaning set forth in clause 6.4 of the Services Agreement.

‘Glossary’ means this Schedule A (Glossary) to this Agreement.

‘Heads of Agreement’ or ’HOA’ means the Heads of Agreement executed by SITA SC, SITA INC,
France Telecom, and Equant on 19 November 2000.

‘ICC Rules’ has the meaning set forth in clause 8.2(a) of this Agreement.

‘JV Agreement’ or ’JVA’ means the Joint Venture Agreement executed by SITA SC, SITA Global
Telecommunication Services Limited, SITA Equant S.C. (formerly SITA Globetel Company) and Equant (formerly SITA
Telecommunications Holdings N.V.) on 2 October 1995, as amended.

‘Laws’ means:

	(a)	 	any applicable law, statute, regulation, ordinate or subordinate legislation in force
from time to time to which a Party is subject; and
	 
	(b)	 	any applicable directive, policy, rule, judgement, injunction, decree or order that is
binding on a Party and that is made or given by any government, agency thereof, or any
regulatory body;
of any Country, the European Union, or other national, federal, commonwealth, state,
provincial or local jurisdiction.

‘Modify’ and ‘Modification’ means to add to, expand, enhance, reduce, change, replace, vary,
derive or improve.

‘Network’ means the network that is jointly managed by SITA SC and by Equant as at
the Effective Date pursuant to the JV Agreement, as such Network is modified throughout the
Term.

‘Network Services’ mean any product or service which is itself telecommunications carriage
or which includes telecommunications carriage as a component of such product or service.

‘Pre-Contractual Statements’ has the meaning set forth in clause 12.6 of this Agreement.

‘Price Books’ means the Generic Price Book and the SITA Specific Price Book for the
respective Contract Year.

‘Recipient’ has the meaning set forth in clause 11.1 of this Agreement.

‘Related Provisions’ means the Exclusivity Obligation, the Equant Non-Solicitation
Obligation and the SITA Group Companies Non-Solicitation Obligation.

	 	 	 	 	 
	

	Strategic Relationship Umbrella Agreement

Schedule A (Glossary)

Restated Version with Amendment No. 1	 	
A-3
	 	Dated 30 November 2001

 

 

Commercial-In-Confidence

‘Schedule’ means each of the schedules to this Agreement.

‘Services’ means the Network Services and the Support Services and ad hoc services.

‘Services Agreement’ means the Services Agreement executed by Equant, SITA SC and SITA INC
on 29 June 2001.

‘Share Purchase Agreement’ means the Share Purchase Agreement executed by France Telecom and
the SITA Foundation on 19 November 2000.

‘SITA Designee’ has the meaning set forth in clause 5(a) of this Agreement.

‘SITA Group Companies’ means, at any time during the Term, SITA SC, its Affiliates,
including SITA INC (so long as SITA INC is Controlled by the SITA INC Foundation).

‘SITA Group Companies Non-Solicitation Obligation’ means the obligation of the SITA Group
Companies not to solicit customers outside of the Air Transport Community, as set forth in
clause 5 of the Services Agreement.

‘SITA Relationship Team’ or ’SRT’ has the meaning set forth in clause 6.2 of this Agreement.

‘Support Services’ means all products and services listed in the Price Books that are not
Network Services.

‘Term’ shall have the meaning set forth in Clause 4 of the Strategic Relationship Umbrella
Agreement.

‘Transaction’ means the transaction contemplated by the Contribution Agreement relating to
Global One and the Share Purchase Agreement.

‘Transition and Management Agreement’ means the Transition and Management Agreement executed
by Equant and SITA SC on the 29 June 2001.

	 	 	 	 	 
	

	Strategic Relationship Umbrella Agreement

Schedule A (Glossary)

Restated Version with Amendment No. 1	 	
A-4
	 	Dated: 30 November 2001

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