Document:

Exhibit
10.17

CONFORMED COPY

SUPPLEMENTAL AGREEMENT

DATED 9
MAY, 2006

BETWEEN

KABEL DEUTSCHLAND GMBH

AND

THE ROYAL BANK OF SCOTLAND plc

as Senior Agent and Security
Agent

and others

relating to a Priority
Agreement

dated 29th March, 2004

(as
amended and restated pursuant to a supplemental agreement dated 27th May, 2004 and as further amended
and restated pursuant to a supplemental agreement dated 1st July, 2004)

 

 

ALLEN & OVERY LLP

LONDON

CONTENTS

	
  Clause

  	
   

  	
   

  	
   

  	
  Page

  
	
  

  	
   

  	
   

  	
   

  	
   

  
	
  1.

  	
   

  	
  Interpretation

  	
   

  	
  2

  
	
  2.

  	
   

  	
  Amendments

  	
   

  	
  2

  
	
  3.

  	
   

  	
  Accession

  	
   

  	
  2

  
	
  4.

  	
   

  	
  Release of Bridge Agent

  	
   

  	
  2

  
	
  5.

  	
   

  	
  Miscellaneous

  	
   

  	
  3

  
	
  6.

  	
   

  	
  Governing law

  	
   

  	
  3

  

 

	
  Schedules

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1.

  	
   

  	
  Senior Creditors

  	
   

  	
  4

  
	
  2.

  	
   

  	
  Hedging Banks

  	
   

  	
  5

  
	
  3.

  	
   

  	
  Investors

  	
   

  	
  6

  
	
  4.

  	
   

  	
  Restated Priority Agreement

  	
   

  	
  7

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Signatories

  	
   

  	
   

  	
   

  	
  8

  

 

 

 

THIS AGREEMENT is dated 9 May, 2006

BETWEEN:

(1)                                  KABEL DEUTSCHLAND GmbH
(registered in the commercial register (Handelsregister)
kept at the local court (Amtsgericht) of
Munich under number HRB 145837) (KDG);

(2)                                  KABEL DEUTSCHLAND VERTRIEB & SERVICE GmbH  & Co. KG (
registered in the commercial register (Handelsregister)
kept at the local court (Amtsgericht) of
Munich under number HRA 83902) (Regco);

(3)                                  THE PERSONS named in Schedule 1 (Senior
Creditors) as Senior Creditors (the New Senior Creditors);

(4)                                  THE PERSONS named in Schedule 2 (Hedging
Banks) as Hedging Banks;

(5)                                  THE PERSONS (if any) named
in Schedule 3 (Investors) as Investors;

(6)                                  LAW DEBENTURE TRUST COMPANY OF NEW YORK in
its capacity as Notes Trustee (the Notes Trustee);

(7)                                  DEUTSCHE BANK AG LONDON as
Bridge Agent; and

(8)                                  THE ROYAL BANK OF SCOTLAND plc as
Senior Agent and Security Agent.

BACKGROUND:

(A)                              This Agreement is supplemental to and amends a priority agreement dated
29th March,
2004 (as amended and restated pursuant to a supplemental agreement dated 27th May, 2004 and as further amended
and restated pursuant to a supplemental agreement dated 1st July, 2004) between, among
others, KDG and Deutsche Bank AG London (the Original
Priority Agreement).

(B)                                The Parties to this Agreement acknowledge that with effect from the
Effective Time (as defined below):

(i)                                      the former security agent, Deutsche Bank AG London has resigned as
Security Agent and that The Royal Bank of Scotland plc has assumed the position
of the Security Agent;

(ii)                                 all outstandings under the Senior Facilities Agreement (as defined in
the Original Priority Agreement) have been discharged in full;

(iii)                               all Security (as defined in the Original Priority Agreement) has been
released and this release will be in full force and effect at
the Effective Time; and

(iv)                               new Security Documents in relation to the Security (as defined in the
Amended Priority Agreement) will be entered into by the Effective Time.

(C)                                The New Senior Creditors have agreed to accede to the Amended Priority
Agreement as Senor Creditors.

(D)                               The Parties to this Agreement agree that the Bridge Debt has been
irrevocably paid and discharged in full prior to the date of this Agreement and
the Bridge Agent is party to this 

 1
 

 

Agreement
to acknowledge such agreement and to be released from its obligations under the
Amended Priority Agreement.

IT IS AGREED as follows:

1.                                      INTERPRETATION

1.1                               Definitions

(a)                                  In this Agreement:

Amended Priority Agreement
means the Original Priority Agreement as amended and restated by this Agreement;

Effective Time means the time of
the first Utilisation under the Senior Facilities Agreement; and.

Senior Facilities Agreement
means the senior facilities agreement dated 13th March 2006 between, among others, KDG, RegCo,
the New Senior Creditors, the Senior Agent and the Security Agent providing for
credit facilities aggregating €1,350,000,000.

(b)                                 Capitalised terms defined in the Priority Agreement have, unless
expressly defined in this Agreement, the same meaning in this Agreement.

1.2                               Construction

The principles of construction set out in the Priority
Agreement will have effect as if set out in this Agreement.

2.                                      AMENDMENTS

Subject as set out below, the Priority Agreement will
be amended from the Effective Time so that it reads as if it were restated in
the form set out in Schedule 4 (Restated Priority Agreement).

3.                                      ACCESSION

(a)                                  Each Senior Creditor agrees that on and from the Effective Time each of
them is party to and bound by the terms of the Amended Priority Agreement,
having the rights and obligations set out therein in respect of a Senior
Creditor.

(b)                                 The address for notices for each New Senior Creditor for the purposes of
Clause 24 (Notices) of the Priority Agreement are those communicated to the
Senior Agent by the relevant New Senior Creditor prior to the date of this
Agreement.

4.                                      RELEASE OF BRIDGE AGENT

The parties to this agreement hereby confirm that the
Bridge Discharge Date has occurred and that the Bridge Agent shall cease to
have any continuing obligation to any other person under or in connection with
the Amended Priority Agreement and shall cease to be a party to the Amended
Priority Agreement and the Amended Priority Agreement shall terminate as
regards the Bridge Agent.

 2
 

 

5.                                      MISCELLANEOUS

(a)                                  Each of this Agreement and the Amended Priority Agreement, as amended
and restated by this Agreement is a Senior Finance Document.

(b)                                 Subject to the terms of this Agreement, the Priority Agreement will
remain in full force and effect and, from the Effective Time, the Priority
Agreement and this Agreement will be read and construed as one document.

6.                                      GOVERNING LAW

This Agreement is governed by English law.

This Agreement has been entered into on the date
stated at the beginning of this Agreement.

 3
 

 

SCHEDULE
1

SENIOR CREDITORS

The Royal Bank of
Scotland plc

Deutsche Bank AG London
Branch

Goldman Sachs Credit
Partners L.P.

JPMorgan Chase Bank, N.A.

 4
 

 

SCHEDULE
2

HEDGING BANKS

Goldman Sachs
International

Morgan Stanley Capital
Services Inc.

Société Générale

Cooperatieve
Centraleraiffeisen-Boerenleenbank B.A.

The Royal Bank of
Scotland plc

ABN AMRO Bank N.V.

Deutsche Bank AG, London

HSBC Bank plc

Calyon

 5
 

 

SCHEDULE
3

INVESTORS

None

 6
 

 

SCHEDULE
4

RESTATED PRIORITY AGREEMENT

 7
 

 

SIGNATORIES

	
  KDG

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  KABEL
  DEUTSCHLAND GMBH

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  PAUL THOMASON

  	
   

  	
  RAINER WITTENBERG

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MANAGING
  DIRECTOR

  	
   

  	
  MANAGING DIRECTOR

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Regco

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  KABEL DEUTSCHLAND VERTRIEB UND SERVICE GMBH &
  CO. KG

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  PAUL THOMASON

  	
   

  	
  RAINER WITTENBERG

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MANAGING
  DIRECTOR

  	
   

  	
  MANAGING DIRECTOR

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  New
  Senior Creditors

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  THE ROYAL BANK
  OF SCOTLAND PLC

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  KIERAN P. RYAN

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  DEUTSCHE BANK AG
  LONDON BRANCH

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  STEPHEN PITTS

  	
   

  	
  JURGEN STEIN

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MANAGING
  DIRECTOR

  	
   

  	
  VICE PRESIDENT

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  GOLDMAN SACHS
  CREDIT PARTNERS L.P.

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  TIM FLYNN

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MANAGING DIRECTOR

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  JPMORGAN CHASE
  BANK, N.A.

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  S OLSEN

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Hedging
  Banks

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  GOLDMAN SACHS
  INTERNATIONAL

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  TIM FLYNN

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MANAGING
  DIRECTOR

  	
   

  	
   

  	
   

  	
   

  

 

 8
 

 

 

	
  MORGAN STANLEY CAPITAL
  SERVICES INC.

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  RENATA C. MULDER

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SOCIÉTÉ GÉNÉRALE

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  FREDERIC
  DESCLAUX

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  CO-HEAD OF FIXED INCOME AND DERICATIVES (DEBT
  FINANCE)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  COOPERATIEVE CENTRALERAIFFEISEN-BOERENLEENBANK B.A.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  ED SMITH

  	
   

  	
  ALEXANDER GELDERMAN

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MANAGING
  DIRECTOR

  	
   

  	
  SENIOR VICE PRESIDENT

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  THE ROYAL BANK
  OF SCOTLAND PLC

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  KIERAN P.RYAN

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  BNP PARIBAS S.A.
  as successor to

  	
   

  	
   

  	
   

  	
   

  
	
  ABN AMRO BANK
  N.V.

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  JAMES COILEY

  	
   

  	
  ANNIKA LINDQUIST

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  DEUTSCHE BANK
  AG, LONDON

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  NATHAN TOWNSEND

  	
   

  	
  D.C. WITTER

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  HSBC BANK PLC

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  PAUL R.
  WOODHOUSE

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  CALYON

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  DAVID POUISANT

  	
   

  	
  T. ROSSET

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  DIRECTOR

  	
   

  	
  ASSOCIATE DIRECTOR

  	
   

  	
   

  

 

 9
 

 

 

	
  Notes Trustee

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  LAW DEBENTURE TRUST COMPANY OF NEW YORK

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  PATRICK J. HEALY

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  VICE PRESIDENT

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Bridge
  Agent

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  DEUTSCHE BANK AG
  LONDON BRANCH

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  STEPHEN PITTS

  	
   

  	
  JURGEN STEIN

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MANAGING
  DIRECTOR

  	
   

  	
  VICE PRESIDENT

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Senior
  Agent

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  THE ROYAL BANK
  OF SCOTLAND plc

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  KIERAN P. RYAN

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Security
  Agent

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  THE ROYAL BANK
  OF SCOTLAND plc

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  BY:

  	
  KIERAN P. RYAN

  	
   

  	
   

  	
   

  	
   

  

 

 10Exhibit 10.18

EXECUTION COPY

 

SECURITY TRUST AGREEMENT

 

12 MAY
2006

 

between

THE
ROYAL BANK OF SCOTLAND PLC

as
Security Agent

 

and

 

THE OTHER FINANCE PARTIES

and

THE SECURITY GRANTORS

 

 

Allen & Overy LLP

 

 

CONTENTS

 

	
  Clause

  	
   

  	
  Page

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1.

  	
   

  	
  Interpretation

  	
   

  	
  1

  
	
  2.

  	
   

  	
  Appointment as Trustee and Administrator

  	
   

  	
  8

  
	
  3.

  	
   

  	
  Purpose of the German Security

  	
   

  	
  8

  
	
  4.

  	
   

  	
  Power of Attorney

  	
   

  	
  9

  
	
  5.

  	
   

  	
  Successors

  	
   

  	
  9

  
	
  6.

  	
   

  	
  Duration

  	
   

  	
  9

  
	
  7.

  	
   

  	
  Realisation

  	
   

  	
  9

  
	
  8.

  	
   

  	
  Liability and Indemnification

  	
   

  	
  10

  
	
  9.

  	
   

  	
  New Parties

  	
   

  	
  10

  
	
  10.

  	
   

  	
  Partial Invalidity, Waiver

  	
   

  	
  10

  
	
  11.

  	
   

  	
  Amendments

  	
   

  	
  11

  
	
  12.

  	
   

  	
  Notices and their Languages

  	
   

  	
  11

  
	
  13.

  	
   

  	
  Applicable Law; Jurisdiction

  	
   

  	
  11

  
	
  14.

  	
   

  	
  Application of the Priority Agreement

  	
   

  	
  11

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Schedule

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1.

  	
   

  	
  New Finance Party’s Accession Agreement

  	
   

  	
  12

  
	
  2.

  	
   

  	
  New Security Grantor’s Accession Agreement

  	
   

  	
  13

  
	
  3.

  	
   

  	
  German Security Documents

  	
   

  	
  14

  
	
  4.

  	
   

  	
  Security Grantors

  	
   

  	
  16

  
	
  5.

  	
   

  	
  Addresses for Notices

  	
   

  	
  17

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Signatories

  	
   

  	
  18

  

 

 

 

THIS
SECURITY TRUST AGREEMENT (the Agreement) is
made on 12 May 2006

BETWEEN:

(1)                                  THE ROYAL BANK OF SCOTLAND PLC, a public
limited company, having its registered office at: 36 St. Andrew Square, EH2 2YB
Edinburgh, Scotland, incorporated under the laws of Scotland and being
registered with the Companies House under registration number SC 090312

(the Security Agent);

(2)                                  the other FINANCE PARTIES as defined under
Clause 1.1 (Definitions) below; and

(3)                                  the SECURITY GRANTORS as defined under
Clause 1.1 (Definitions) below.

The Beneficiaries (as defined below) and the Security
Grantors (as defined below) are hereinafter collectively referred to as the Parties.

WHEREAS

(A)                              The Lenders (as defined below) have agreed to make available to each of
the Borrowers (as defined below) certain credit facilities on the terms of and
subject to the Credit Agreement (as defined below).

(B)                                It is a condition to the Lenders making the credit facilities available
pursuant to the Credit Agreement that the Pledgor enters into this Agreement.

IT IS
AGREED as follows:

1.                                      INTERPRETATION

1.1                               Definitions

In this Agreement:

Accounting Principles means accounting principles,
policies, standards, bases and practices which, as at the date of the Credit
Agreement, are in accordance with the German generally accepted accounting
principles (Grundsätze ordnungsgemäßer Buchführung und
Bilanzierung).

Additional Borrower means a member of the Group
which becomes a borrower under the Credit Agreement after the date of its
execution.

Additional
Facility means an Add-On Facility or an External Facility.

Add-On Facility Accession Agreement means an accession deed
pursuant to which any person or entity accedes to the Credit Agreement as
provider of an Add-On Facility.

Add-On Facility means any additional loan facility provided
under the Credit Agreement which has Eligible Terms.

Add-On
Facility Lender means:

 1
 

 

 

(a)                                  an Original
Add-On Facility Lender; or

(b)                                 any person which
has become a lender under an Add-On Facility.

Administrative Party means the Mandated Lead
Arrangers, the Facility Agent or the Security Agent.

Agreed Priority Agreement Principles means the principles pursuant
to which the Existing Priority Agreement shall be amended.

Ancillary Facility means any facility or
financial accomodation (including any overdraft, foreign exchange, guarantee,
bonding, documentary or standby letter of credit, credit card or automated
payments facility) established by a Lender in place of all or parts of its
respective facility commitment.

Ancillary Facility Document means any document evidencing
any Ancillary Facility.

Ancillary
Lender means any lender providing for an Ancillary Facility.

Ancillary Outstandings means, at any time and with
respect to any Ancillary Facility of any Ancillary Lender, the aggregate of all
of the following amounts (as calculated by that Ancillary Lender) outstanding
at that time under that Ancillary Facility:

(a)                                  all amounts of
principal then outstanding under any overdraft, cheque drawing or other account
facilities determined on a gross basis unless such facilities are made
available on the basis of netting arrangements satisfactory to the Ancillary
Lender in which case, such outstanding principal amounts shall be determined on
the net debt basis used by that Ancillary Lender;

(b)                                 the maximum
potential liability (excluding amounts stated to be in respect of interest and
fees) under all guarantees, bonds and letters of credit then outstanding under
that Ancillary Facility; and

(c)                                  in respect of any
other facility or financial accommodation, such other amount (excluding
interest and similar charges) as fairly represents the aggregate exposure of
that Ancillary Lender under that facility or accommodation, as reasonably
determined by that Ancillary Lender from time to time in accordance with its
usual banking practice for facilities or accommodation of the relevant type.

BGB means the German Civil Code (Bürgerliches
Gesetzbuch).

Beneficiary means a Finance Party.

Borrower means KDVS or an Additional Borrower.

Business Day means a day (other than a Saturday or a Sunday)
on which banks are open for general business in London and Frankfurt am Main
and which is also a TARGET Day.

Commitment Letter means the commitment letter dated on or about
the date of the Credit Agreement between the Arranger, the Original Lender, KDG
and KDVS.

Compliance Certificate means any compliance
certificate issued or to be issued by any Obligor in connection with the Credit
Agreement setting out the compliance with certain financial ratios and/or
covenants.

 2
 

 

 

Credit
Agreement means the EUR 1,350,000,000 senior credit
agreement dated on or about 13 March 2006 between, amongst others, the Mandated
Lead Arranger, the Facility Agent, the Security Agent, KDVS, KDG and the
Original Lender providing for EUR 1,350,000,000 senior credit facilities
and up to EUR 650,000,000 Add-On Facilities.

Debtor means each debtor
in respect of a Claim and Debtors means
all such debtors.

Eligible
Terms means, in respect of any Additional Facility:

(a)                                  the final
maturity date of that Additional Facility must be a date falling at least six
months after 31 March 2012;

(b)                                 there must be no
amortisation required in respect of that Additional Facility;

(c)                                  that Additional
Facility must be a term facility (which, in the case of an External Facility,
may include notes, bonds or any other term credit arrangement which is not
capable, by its terms, of being repaid or prepaid and redrawn before the date
falling at least six months after 31 March 2012 (it being acknowledged that
such arrangement may have customary change of control, voluntary prepayment,
asset sale and similar prepayment provisions)); and

(d)                                 the purpose must
be to fund a Permitted Acquisition;

(e)                                  the principal
amount of that Additional Facility (together with the principal amount of all
other Additional Facilities) may not exceed the lower of:

(i)                                     €650,000,000; and

(ii)                                  the amount which,
if fully utilised on the date of completion of the relevant Permitted
Acquisition, would not result in any breach of certain financial covenant
ratios;

and

(f)                                    the liabilities
of the obligors thereunder are to be treated and rank as a senior debt under Existing
Priority Agreement and/or the Priority Agreement and to have the benefit of all
relevant Security Documents (whether through execution of new documents or
amendment to existing documents) or (in each case) to have such lower ranking
as is agreed by all the lenders of that Additional Facility.  For these purposes relevant
Security Documents means Security Documents comprising the same
assets and shares comprised in Security Documents executed prior to the
establishment of that Additional Facility, it being acknowledged that
prior-ranking Security Documents will remain in place (with the proceeds of
enforcement of all Security Documents subject to the sharing provisions of the
Priority Agreement).

Euro, euro, EUR or € means the
single European currency introduced 1 January 1999.

Existing Priority Agreement means the priority agreement
dated 29 March 2004, as amended and restated prior to the date of the Credit
Agreement and in force on the date of the Credit Agreement to which, amongst
others, KDG and KDVS are parties (disregarding the amendments implemented to
create an amended priority agreement in connection with the Credit Agreement).

External Facility means any term credit
agreement which has Eligible Terms.

 3
 

 

 

Event of
Default means an event of default under any of the Finance
Documents, which entitles the Facility Agent to declare that all or part of any
amounts outstanding under the Finance Documents or any of them are immediately
due and payable, or payable on demand.

Facility Agent means The Royal Bank of Scotland plc, a public
limited company, having its registered office at: 36 St. Andrew Square, EH2 2YB
Edinburgh, Scotland, incorporated under the laws of Scotland and being
registered with the Companies House under registration number SC 090312.

Fee Letter means any letter entered into by reference to the
Credit Agreement between one or more Administrative Parties and an Obligor
setting out the amount of certain fees which are payable, inter alia,
in relation to the Credit Agreement.

Finance Document means:

(a)                                  the Credit
Agreement;

(b)                                 the Commitment
Letter;

(c)                                  a Fee Letter;

(d)                                 an Obligor
Accession Deed;

(e)                                  a Transfer
Certificate;

(f)                                    an Ancillary
Facility Document;

(g)                                 the Hedging
Letter;

(h)                                 an Add-On Facility
Accession Agreement;

(i)                                     a Hedging
Document;

(j)                                     a Security
Document;

(k)                                  the Priority
Agreement;

(l)                                     a Compliance
Certificate;

(m)                               a Request; and

(n)                                 any other
document designated as such by the Facility Agent and KDG.

Finance Party means an Administrative Party, an Underwriter, a
Lender or a Hedging Bank.

German Security means the Security created under the German
Security Documents.

German Security Documents means each of the documents
listed in Schedule 5 and any other security document granting security to the
Beneficiaries and/or the Security Agent which is subject to German law.

Germany means the Federal Republic of Germany.

Group means KDG and its Subsidiaries (but excluding any
Unrestricted Subsidiary).

 4
 

 

 

Hedging
Letter means a letter dated on or about the date of the Credit Agreement
between KDG, the Mandated Lead Arranger and the Facility Agent relating to the
interest and currency hedging to be effected by the Group and any other letter
designated as such by KDG and the Facility Agent which amends or supplements
the terms of that letter.

Hedging means any interest rate or currency swap, derivative
transaction or hedging facility.

Hedging Bank means:

(a)                                  each Original
Hedging Bank; or

(b)                                 each party (other
than an Obligor) which shall at any relevant time be or become a party to any
Hedging Document.

Hedging Document means

(a)                                  each master
agreement, confirmation or other document evidencing any Hedging provided by a
Hedging Bank to an Obligor; or

(b)                                 otherwise entered into on the
basis that under the terms of the Finance Documents any party to such document
(other than an Obligor) in such regard becomes entitled to the benefit of,
among other things, any security interest created under this Agreement.

KDG means Kabel Deutschland GmbH, a limited liability
company (Gesellschaft mit beschränkter Haftung)
incorporated under the laws of Germany, having its corporate seat in
Unterföhring (Landkreis München), Germany, which is registered in the
Commercial Register (Handelsregister)
at the Local Court (Amtsgericht) of
Munich under registration number HRB 145837.

KDVS means Kabel Deutschland Vertrieb und Service GmbH
& Co. KG, a limited partnership (Kommanditgesellschaft)
organised under the laws of Germany, having its corporate seat in Unterföhring
(Landkreis München), Germany, which is registered in the commercial register (Handelsregister) at the local court (Amtsgericht)
of Munich under registration number HRA 83902.

Lender means:

(a)                                  the Original
Lender;

(b)                                 an Original
Add-On Facility Lender; or

(c)                                  any person which
becomes a lender after the date of, and in accordance with the terms of, the
Credit Agreement,

but
only for so long as it has any outstanding commitment or participation in any
loan provided under the Credit Agreement or Ancillary Outstanding or any amount
is owed to it (whether actually or contingently) in its capacity as Lender.

Mandated Lead Arranger means each of:

(a)                                  The Royal Bank of
Scotland plc;

(b)                                 Deutsche Bank AG
London;

 5
 

 

 

(c)                                  Goldman Sachs
International; and

(d)                                 J.P. Morgan plc.

Obligor means KDG or a Borrower.

Obligor Accession Deed means a deed of accession
pursuant to which any person or entity accedes, inter alia, to the Credit
Agreement as Additional Borrower.

Original Add-On Facility Lender means any lender providing for
an additional facility under the Credit Agreement by way of executing an Add-On
Facility Accession Agreement.

Original Finance Party means an Administrative Party,
an Original Lender or an Original Hedging Bank.

Original Hedging Bank means each of:

(a)                                  Goldman Sachs International;

(b)                                 Morgan Stanley Capital Services Inc.;

(c)                                  Société Générale;

(d)                                 Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A.;

(e)                                  The Royal Bank of Scotland plc;

(f)                                    BNP Paribas S.A.;

(g)                                 Deutsche Bank AG, London;

(h)                                 HSBC Bank plc; and

(i)                                     Calyon Corporate and Investment Bank.

Original Lender means each of:

(a)                                  The Royal Bank of
Scotland plc, Niederlassung Frankfurt;

(b)                                 Deutsche Bank AG
London;

(c)                                  JPMorgan Chase
Bank, N.A.; and

(d)                                 Goldman Sachs
Credit Partners L.P.

Priority Agreement means the Existing Priority
Agreement amended on a basis consistent with the Agreed Priority Agreement
Principles after the date of the Credit Agreement..

Request means any request for the draw down of any credit
facility under the Credit Agreement by any Obligor.

Secured Claims means all present and future rights and claims
(Ansprüche) (whether actual or contingent
and whether owed jointly or severally or in any other capacity whatsoever) of
any of the Finance Parties against any of the Obligors under the Finance
Documents, each as

 6
 

 

 

amended,
restated, varied, supplemented, novated or extended from time to time,
including, without limitation, any increase of principal or interest, in each
case together with all costs, charges and expenses incurred by the Finance
Parties (or any of them) in connection with the protection, preservation or
enforcement of their respective rights under the Finance Documents.

Security means any and all security granted to secure the
Secured Claims.

Security Document means any document evidencing or creating
security over any asset of any Obligor to secure any obligation of any Obligor
to a Finance Party under any Finance Document referred to under (a) to (i) and
(k) to (n) of the definition of “Finance Document”.

Security Grantor means the persons listed in Schedule 4 to this
Agreement and any other person or entity granting German Security from time to
time and acceding to this Agreement as new security grantor.

Subsidiary means any of:

(a)                                  an entity of
which a person has direct or indirect control or owns directly or indirectly
more than 50% of the voting capital or similar right of ownership, and control for this purpose means the power to direct the
management and the policies of the entity whether through the ownership of
voting capital, by contract or otherwise; or

(b)                                 an entity
consolidated for the purpose of the financial statements of any person pursuant
to the Accounting Principles.

Underwriter means each of:

(a)                                  The Royal Bank of
Scotland plc;

(b)                                 Deutsche Bank AG
London;

(c)                                  Goldman Sachs
Credit Partners L.P.; and

(d)                                 JPMorgan Chase
Bank, N.A.

Unrestricted Subsidiary means any Subsidiary of KDVS
or KDG (which is not an Obligor) nominated by KDVS to the Facility Agent at any
time when no Event of Default is outstanding.

TARGET Day means a day on which the Trans-European Automated
Real-Time Gross Settlement Express Transfer System is open for the settlement
of payments in Euro.

Transfer Certificate means any transfer certificate
pursuant to which any rights under the Credit Agreement shall be transferred by
novation or otherwise to any New Lender.

1.2                               Construction

(a)                                  In this Agreement, unless the contrary intention appears, a reference
to:

(i)                                 the Security Agent means the Security Agent acting as agent for and on
behalf of the Pledgees unless otherwise provided herein; and

(ii)                              promptly means promptly (unverzüglich)
as contemplated in § 121 (1) BGB.

 7
 

 

 

(b)                                 Where the context so admits, the singular includes the plural and vice
versa.

(c)                                  The headings in this Agreement are for convenience only and are to be
ignored in construing this Agreement.

(d)                                 Any reference in this Agreement to a defined document is a reference to
that defined document as amended, restated, novated or supplemented from time
to time.

(e)                                  References to parties herein shall also be deemed to include references
to their respective successors, transferees and assignees.

(f)                                    Unless otherwise defined herein or unless the context otherwise
requires, terms defined or referred to in the Credit Agreement shall have the
same meaning when used herein.

2.                                      APPOINTMENT AS TRUSTEE AND ADMINISTRATOR

2.1                               Appointment

The Security Agent shall:

(a)                                  hold and administer such German Security which is assigned or
transferred by way of security (Sicherungsabtretung/Sicherungsübereignung)
or otherwise granted under a non-accessory security right (nicht
akzessorische Sicherheit) as trustee (Treuhänder)
for the benefit of the Beneficiaries;

(b)                                 administer such German Security which has been created by way of pledge
(Verpfändung) or otherwise transferred
under an accessory security right (akzessorische Sicherheit)
to the Security Agent and the Beneficiaries; and

(c)                                  act in relation to the German Security in accordance with the terms and
subject to the conditions of this Agreement, the German Security Documents and
the other Finance Documents.

2.2                               Ratification

Each Beneficiary hereby ratifies and approves all acts
done by the Security Agent on such Beneficiary’s behalf before execution hereof
or the execution of the respective New Finance Party’s Accession Agreement (as
hereinafter defined) by the respective Beneficiary.

2.3                               Construction

It is hereby agreed that, in relation to any
jurisdiction the courts of which would not recognise or give effect to the
trust (Treuhandverhältnis) expressed to be created
by this Agreement, the relationship of the Beneficiaries to the Security Agent
shall be construed as one of principal and agent but, to the extent permissible
under the laws of such jurisdiction, all the other provisions of this Agreement
shall have full force and effect between the parties hereto.

3.                                      PURPOSE OF THE GERMAN SECURITY

The Security and the German Security has been granted
with a view to provide collateral in order to secure the prompt and complete
satisfaction of any and all Secured Claims.

 8
 

 

 

4.                                      POWER OF ATTORNEY

4.1                               Authorisation

Each of the Beneficiaries herewith irrevocably authorises
and grants power of attorney to the Security Agent to:

(a)                                  execute for and on its behalf any and all German Security Documents and
other agreements related to the German Security, including but not limited to
any New Finance Party’s Accession Agreement and any New Security Grantor’s
Accession Agreement, and any amendment agreement to this Agreement;

(b)                                 (i)            execute for and on
its behalf any release agreement relating to (A) any or all of the German
Security Documents and (B) an envisaged complete and full re-payment and
discharge of the Secured Claims; and

(ii)                                  to make and receive all declarations and statements which are
necessary or desirable in connection with any of such release agreements;

(c)                                  make and receive all declarations and statements which the Security
Agent deems necessary or desirable in connection with the German Security
Documents or any of the agreements and documents relating thereto which are
necessary or desirable; and

(d)                                 take all other actions and measures which the Security Agent deems
necessary or desirable in connection with this Agreement or any of the German
Security Documents.

4.2                               Self-contracting

Each of the Beneficiaries herewith also exempts the Security
Agent from any restrictions under § 181 of the BGB.

4.3                               Sub-power

The Security Agent has the power to grant sub-power of
attorney (including the release from the restrictions under § 181 of the BGB).

5.                                      SUCCESSORS

This Agreement shall be binding upon the Parties
hereto and their respective successors in law. 
The Parties shall be entitled to assign or otherwise transfer any and
all of their rights and duties under this Agreement to third parties in
accordance with the relevant provisions of the Credit Agreement.

6.                                      DURATION

This Agreement shall remain in full force and effect
until the full and complete payment and discharge of the Secured Claims.  This Agreement shall not cease to exist if
any payments made in satisfaction of the Secured Claims have only temporarily
discharged the Secured Claims.

7.                                      REALISATION

The German Security shall be realised, and any
enforcement proceeds shall be distributed, in accordance with the relevant
provisions of the Priority Agreement together with the relevant provisions of
the German Security Documents.

 9
 

 

 

8.                                      LIABILITY AND INDEMNIFICATION

8.1                               Liability for Damages

Neither the Security Agent nor any other Beneficiary
shall be liable for any loss or damage suffered by any Security Grantor save in
respect of such loss or damage which is suffered as a result of the gross
negligence (grobe Fahrlässigkeit) or wilful
misconduct (Vorsatz) of
the Security Agent or the respective Beneficiary.

8.2                               Indemnification

The Security Grantors will indemnify severally but not
jointly the Security Agent and each of the Beneficiaries and keep the Security
Agent and each of the Beneficiaries indemnified against any losses, actions,
claims, expenses, demands and liabilities which may be incurred by or made
against the Security Agent or any of the Beneficiaries as a result of any
breach of such Security Grantor of any of its obligations or undertakings
contained herein except to the extent that such losses, actions, claims,
expenses, demands or liabilities have resulted from the gross negligence (grobe Fahrlässigkeit) or wilful misconduct (Vorsatz) of the Security Agent or the Beneficiaries.

9.                                      NEW PARTIES

9.1                               New Finance Parties

If any bank, trust, fund, financial institution or
other entity (a New Finance Party) becomes party
to a Finance Document as a Finance Party, then that New Finance Party shall
execute and deliver an accession agreement substantially in the form of
Schedule 1 (New Finance Party’s Accession Agreement)
hereto.  The Security Agent shall execute
the New Finance Party’s Accession Agreement for itself and on behalf of the
other Beneficiaries.  Each of the
Security Grantors herewith irrevocably consents to any New Finance Party’s
Accession Agreement entered into in accordance with this Agreement.

9.2                               New Security Grantors

If any company (a New Security Grantor)
becomes a party to a Finance Document as an additional provider of additional
German Security then such New Security Grantor shall execute and deliver an
Accession Agreement substantially in the form of Schedule 2 (New Security Grantor’s Accession Agreement) hereto.  The Security Agent shall execute the New
Security Grantor’s Accession Agreement for itself and on behalf of the other
Beneficiaries.

10.                               PARTIAL INVALIDITY, WAIVER

10.1                        Invalidity

If any provision of this Agreement or part thereof
should be or become invalid or unenforceable, this shall not affect the
validity of the remaining provisions hereof. The invalid or unenforceable
provision shall be replaced by that provision which best meets the intent of
the replaced provision.  This shall apply
analogously in the case of gaps.

10.2                        Waivers and remedies cumulative

No failure to exercise, nor any delay in exercising,
on the part of the Security Agent or any of the other Finance Parties, any
right or remedy hereunder shall operate as a waiver thereof, nor

 10
 

 

 

shall
any single or partial exercise of any right or remedy prevent any further or
other exercise thereof or the exercise of any other right or remedy.  The rights and remedies provided hereunder are
cumulative and not exclusive of any rights or remedies provided by law.

11.                               AMENDMENTS

Changes and amendments of this Agreement including
this Clause 11 shall be made in  writing.

12.                               NOTICES AND THEIR LANGUAGES

12.1                        Notices

Any notice or other communication under or in
connection with this Agreement to the Beneficiaries or the Security Agent shall
be in writing and shall be delivered personally, by post or facsimile and shall
be sent to the address or facsimile number of the party, and for the attention of
the individual, applying for the purposes of this Agreement, as set forth in
Schedule 5 hereto or such other address or facsimile number as is notified by
that party for this purpose to the Security Agent from time to time.

12.2                        Language

Unless otherwise required by statutory German law or
unless otherwise agreed in writing from time to time, ay notice or other
communication under or in connection with this Agreement shall be the English
language or, if in any other language, accompanied by a translation into
English. In the event of any conflict between the English text and the text in
any other language, the English text shall prevail (unless the document is a
statutory or other official document), except that where a German translation
of a legal term appears in such text, the German translation shall prevail.

13.                               APPLICABLE LAW; JURISDICTION

13.1                        Governing Law

This Agreement is governed by and shall be construed
in accordance with the laws of Germany.

13.2                        Jurisdiction

The place of jurisdiction for all Parties shall be
Frankfurt am Main, Germany.  The Security
Agent and/or any other Beneficiaries, however, shall also be entitled to take
legal action against any of the Security Grantors before any other competent
court of law having jurisdiction over such Security Grantor or any of its
assets.

14.                               APPLICATION OF THE PRIORITY AGREEMENT

In addition, the provisions of the Existing Priority
Agreement and/or the Priority Agreement apply to the extent that they do not
conflict with the provisions of this Agreement, in which event the terms of
this Agreement shall prevail.

 

 11

 

 

SCHEDULE 1

NEW FINANCE PARTY’S ACCESSION AGREEMENT

THIS ACCESSION AGREEMENT
dated [·] is
supplemental to a security trust agreement (the Security
Trust Agreement) dated [·] between the Security Agent, the Finance Parties and the Security
Grantors.

Words and expressions
defined in the Security Trust Agreement have the same meaning when used in this
Accession Agreement.

We hereby agree with each
other person who is a party to the Security Trust Agreement that with effect on
and from the date hereof we will be bound by the Security Trust Agreement as a
Beneficiary as if we had been party originally to the Security Trust Agreement
in that capacity.

We hereby agree with each
other person who is a party to any German law governed share pledge agreement
entered or to be entered into in connection with any of the Finance Documents
(as defined in the Security Trust Agreement) (each a Share Pledge
Agreement) that with effect on and from the date hereof we will be
bound by any such Share Pledge Agreement as a Pledgee (as defined therein) as
if we had been party originally to such Share Pledge Agreement in that
capacity.

We hereby agree with each
other person who is a party to any German law governed account pledge agreement
entered or to be entered into in connection with any of the Finance Documents
(as defined in the Security Trust Agreement) (each an Account
Pledge Agreement) that with effect on and from the date hereof we
will be bound by any such Account Pledge Agreement as a Pledgee (as defined
therein) as if we had been party originally to such Account Pledge Agreement in
that capacity.

We hereby also grant power
of attorney to the Security Agent and confer the rights and authority upon the
Security Agent in the form and to the extent set out in Clauses 2, 5 and 6 of
the respective Share Pledge Agreement.

We hereby expressly ratify
and approve any acts done by the Security Agent on our own behalf before
execution hereof.

This Agreement is governed
by and shall be construed in accordance with German law.

[Place, Date]

 

	
  

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  [acceding
  party]

  	
   

  	
  the Security Agent for itself and for and on behalf
  of the Beneficiaries

  

 

 12
 

 

 

SCHEDULE 2

NEW SECURITY GRANTOR’S ACCESSION AGREEMENT

THIS ACCESSION AGREEMENT
dated [·] is
supplemental to a security trust agreement (the Security
Trust Agreement) dated [·] between the Security Agent, the Finance Parties and the Security
Grantors.

Words and expressions
defined in the Security Trust Agreement have the same meaning when used in this
Accession Agreement.

We hereby agree with each
other person who is a party to the Security Trust Agreement that with effect on
and from the date hereof we will be bound by the Security Trust Agreement as an
Security Grantor as if we had been party originally to the Security Trust Agreement
in that capacity.

This Agreement is governed
by and shall be construed in accordance with German law.

[Place, Date]

 

	
  

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  [acceding party]

  	
   

  	
  the Security Agent for itself and for and on behalf
  of the Beneficiaries

  

 

 13
 

 

 

SCHEDULE 3

GERMAN SECURITY DOCUMENTS

1.                            The Share Pledge Agreement dated on or about the date hereof between Kabel
Deutschland GmbH as pledgor and the Security Agent and the Finance Parties as
pledgees dated on or about the date hereof relating to the pledge of all shares
held or to be held in future by Kabel Deutschland GmbH in Kabel Deutschland Verwaltungs
GmbH.

2.                            The Share Pledge Agreement dated on or about the date hereof between
Kabel Deutschland GmbH as pledgor and the Security Agent and the Finance Parties
as pledgees dated on or about the date hereof relating to the pledge of all
shares held or to be held in future by Kabel Deutschland GmbH in Kabel
Deutschland Vertrieb und Service Beteiligungs Verwaltungs GmbH.

3.                            The Interest Pledge Agreement dated on or about the date hereof between
Kabel Deutschland GmbH as pledgor and the Security Agent and the Finance
Parties as pledgees dated on or about the date hereof relating to the pledge of
all interests held or to be held in future by Kabel Deutschland GmbH in Kabel
Deutschland Vertrieb und Service Beteiligungs GmbH & Co. KG.

4.                            The Interest Pledge Agreement dated on or about the date hereof between
Kabel Deutschland GmbH as pledgor and the Security Agent and the Finance
Parties as pledgees dated on or about the date hereof relating to the pledge of
all interests held or to be held in future by Kabel Deutschland GmbH in Kabel
Deutschland Vertrieb und Service GmbH & Co. KG.

5.                            The Interest Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vertrieb und Service Beteiligungs GmbH & Co. KG as
pledgor and the Security Agent and the Finance Parties as pledgees dated on or
about the date hereof relating to the pledge of all interests held or to be
held in future by Kabel Deutschland Vertrieb und Service Beteiligungs GmbH
& Co. KG in Kabel Deutschland Vertrieb und Service GmbH & Co. KG.

6.                            The Share Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vertrieb und Service GmbH & Co. KG as pledgor and the
Security Agent and the Finance Parties as pledgees dated on or about the date
hereof relating to the pledge of all shares held or to be held in future by
Kabel Deutschland Vertrieb und Service GmbH & Co. KG in Kabel Deutschland
Vermögen Beteiligungs Verwaltungs GmbH.

7.                            The Interest Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vertrieb und Service GmbH & Co. KG as pledgor and the
Security Agent and the Finance Parties as pledgees dated on or about the date
hereof relating to the pledge of all interests held or to be held in future by
Kabel Deutschland Vertrieb und Service GmbH & Co. KG in Kabel Deutschland
Vermögen GmbH & Co. KG.

8.                            The Interest Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vermögen Beteiligungs GmbH & Co. KG as pledgor and the
Security Agent and the Finance Parties as pledgees dated on or about the date
hereof relating to the pledge of all interests held or to be held in future by
Kabel Deutschland Vermögen Beteiligungs GmbH & Co. KG in Kabel Deutschland
Vermögen GmbH & Co. KG.

 14
 

 

 

9.                            The Interest Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vertrieb und Service GmbH & Co. KG as pledgor and the
Security Agent and the Finance Parties as pledgees dated on or about the date
hereof relating to the pledge of all interests held or to be held in future by
Kabel Deutschland Vertrieb und Service GmbH & Co. KG in Kabel Deutschland
Vermögen Beteiligungs GmbH & Co. KG.

10.                      The Share Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vertrieb und Service GmbH & Co. KG as pledgor and the
Security Agent and the Finance Parties as pledgees dated on or about the date
hereof relating to the pledge of all shares held or to be held in future by
Kabel Deutschland Vertrieb und Service GmbH & Co. KG in Kabel Deutschland
Breitband Services GmbH.

11.                      The Interest Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vertrieb und Service GmbH & Co. KG as pledgor and the
Security Agent and the Finance Parties as pledgees dated on or about the date
hereof relating to the pledge of all interests held or to be held in future by
Kabel Deutschland Vertrieb und Service GmbH & Co. KG in TKS Telepost
Kabel-Service Kaiserslautern GmbH & Co. KG.

12.                      The Share Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vertrieb und Service GmbH & Co. KG as pledgor and the
Security Agent and the Finance Parties as pledgees dated on or about the date
hereof relating to the pledge of all shares held or to be held in future by
Kabel Deutschland Vertrieb und Service GmbH & Co. KG in TKS Telepost
Kabel-Service Kaiserslautern-Beteiligungs GmbH.

13.                      The Account Pledge Agreement dated on or about the date hereof between Kabel
Deutschland GmbH as pledgor and the Security Agent and the Finance Parties as
pledgees dated on or about the date hereof relating to the pledge of all bank
accounts held or to be held in future by Kabel Deutschland GmbH in Germany.

14.                      The Account Pledge Agreement dated on or about the date hereof between
Kabel Deutschland Vertrieb und Service GmbH & Co. KG as pledgor and the
Security Agent and the Finance Parties as pledgees dated on or about the date
hereof relating to the pledge of all bank accounts held or to be held in future
by Kabel Deutschland Vertrieb und Service GmbH & Co. KG in Germany.

15.                      The Global Assignment Agreement dated on or about the date hereof
between Kabel Deutschland Vertrieb und Service GmbH & Co. KG as assignor
and the Security Agent relating to the assignment of certain receivables,
rights and claims held or to be held by Kabel Deutschland Vertrieb und Service
GmbH & Co. KG.

16.                      The Security Transfer Agreement dated on or about the date hereof
between Kabel Deutschland Vertrieb und Service GmbH & Co. KG as transferor
and the Security Agent relating to the transfer of certain Security Assets (as
defined therein).

17.                      The Security Transfer Agreement to be entered into within 90 days after
the date of the Credit Agreement by Kabel Deutschland Vertrieb und Service GmbH
& Co. KG as transferor and the Security Agent relating to the transfer of
certain Security Assets (as defined therein).

18.                      The Release Agreement dated on or about the date hereof between, amongst
others, Kabel Deutschland Vertrieb und Service GmbH & Co. KG and Kabel
Deutschland GmbH as released parties, Deutsche Bank AG London as releasing
party and the Security Agent.

19.                      This Agreement.

 15
 

 

 

SCHEDULE 4

SECURITY GRANTORS

(1)                                  Kabel Deutschland GmbH

(2)                                  Kabel Deutschland Vertrieb und Service GmbH & Co. KG

(3)                                  Kabel Deutschland Vertrieb und Service Beteiligungs GmbH & Co. KG

(4)                                  Kabel Deutschland Vermögen Beteiligungs GmbH & Co. KG

 16
 

 

 

SCHEDULE 5

ADDRESSES FOR NOTICES

 

	
  To theSecurity Grantor:

  	
   

  	
  Kabel Deutschland Vertrieb und

  Service GmbH & Co. KG

  Betastraße 6-8

  85774 Unterföhring

  Germany

  
	
   

  	
   

  	
   

  
	
  Att.:

  	
   

  	
  Paul Thomason

  
	
   

  	
   

  	
   

  
	
  Fax:

  	
   

  	
  +49 89 96010 198

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  To the Security Agent:

  	
   

  	
  The Royal Bank of Scotland plc

  Level 7

  135 Bishopsgate

  London EC2M 3UR

  United Kingdom

  
	
   

  	
   

  	
   

  
	
  Att.:

  	
   

  	
  Mark Harrison, Director, Syndicated

  Loans Agency

  
	
   

  	
   

  	
   

  
	
  Fax:

  	
   

  	
  +44 (0) 20 7085 4564

  

 

 17
 

 

 

SIGNATORIES

	
  The Security Grantors

  
	
   

  
	
  KABEL
  DEUTSCHLAND GMBH

  
	
   

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  KABEL
  DEUTSCHLAND VERTRIEB UND SERVICE GMBH & CO. KG

  
	
   

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  KABEL DEUTSCHLAND
  VERTRIEB UND SERVICE BETEILIGUNGS GMBH & CO. KG

  
	
   

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  KABEL
  DEUTSCHLAND VERMÖGEN BETEILIGUNGS GMBH & CO. KG

  
	
   

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  The
  Security Agent

  
	
   

  
	
  THE ROYAL BANK
  OF SCOTLAND PLC

  
	
   

  
	
  By:

  
	
   

  
	
   

  	
   

  

 

 18
 

 

 

	
  The Other Finance Parties and Beneficiaries

  
	
   

  
	
  THE ROYAL BANK
  OF SCOTLAND PLC

  
	
   

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  DEUTSCHE BANK AG
  LONDON

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  GOLDMAN SACHS
  INTERNATIONAL

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  J.P. MORGAN PLC

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  JPMORGAN CHASE
  BANK N.A.

  
	
  By:

  
	
   

  
	
   

  	
   

  

 

 19
 

 

 

	
  GOLDMAN SACHS CREDIT
  PARTNERS L.P.

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  MORGAN STANLEY
  CAPITAL SERVICES INC.

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  SOCIETE GENERALE

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  COÖPERATIEVE
  CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  BNP PARIBAS S.A.

  
	
  By:

  
	
   

  
	
   

  	
   

  

 

 20
 

 

 

	
  HSBC BANK PLC

  
	
  By:

  
	
   

  
	
   

  	
   

  
	
   

  
	
   

  
	
  CALYON CORPORATE
  AND INVESTMENT BANK

  
	
  By:

  
	
   

  
	
   

  	
   

  

 

 21

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}]]