Document:

Exhibit

Exhibit 10.1
FOURTH AMENDMENT TO THE BANK CREDIT NOTE 21.3150.777.0000001-97, ISSUED BY NEXTEL TELECOMUNICAÇÕES LTDA ON DECEMBER 8TH 2011, IN FAVOR OF CAIXA ECONÔMICA FEDERAL, IN THE AMOUNT OF R$ 640,000,000.00 (SIX HUNDRED AND FORTY MILLION REAIS).

PREAMBLE:

	
	
	CREDITOR:
CAIXA ECONÔMICA FEDERAL, financial institution in the form of public company founded under Decree-Law 759 of August 12th 1969, associated to the Ministry of Finance, being governed by the Statute in force on the date of the present contract, hereinafter referred to as CAIXA or CREDITOR, with headquarters at Setor Bancário Sul, Quadra 4, Lote 3/4, in Brasília, Federal District, CNPJ (National Registry of Legal Entity) 00.360.305/0001-04, hereby represented by Superintendência Grandes Empresas Infraestrutura de São Paulo, located at 1842 Paulista Avenue, Torre Sul, 2nd floor, in the city of São Paulo, State of São Paulo, CNPJ/MF 00.360.305/4954-0.

	
	
	ISSUER / CREDITED: NEXTEL TELECOMUNICAÇÕES LTDA.
Address: 14171 Nações Unidas Avenue, 27th floor, Rochavera Towers, Crystal Tower, Vila Gertrudes, zip code 04794-000, city of São Paulo, State of São Paulo
CNPJ 66.970.229/0001-67

	
	
	GUARANTOR: NEXTEL PARTICIPAÇÕES LTDA.
Address: 14171 Nações Unidas Avenue, 26th floor, Room A, Rochavera Towers, Crystal Tower, Vila Gertrudes, zip code 04794-000, city of São Paulo, State of São Paulo
CNPJ: 00.169.369/0001-22  

WHEREAS, on December 8th 2011, the CREDITED issued in favor of CAIXA the Bank Credit Note 21.3150.777.0000001-97, in the principal amount of six hundred and forty million reais (R$ 640,000,000.00) (the "Note");

WHEREAS, on February 13th 2015, CREDITED and CAIXA executed the first amendment to the Bank Credit Note 21.3150.777.0000001-97, changing, among 

    

other aspects, the interest rate on debt balances and including the additional secured collateral to fulfill the obligations contained therein (the "First Amendment");

WHEREAS, on June 25th 2015, CREDITED and CAIXA entered into the second amendment to the Note, changing, among other conditions, the form of payment and the interest rate on debt balances (the "Second Amendment"),

WHEREAS, on February 24th 2017, CREDITED and CAIXA executed the third amendment to the Note, changing, among other conditions, the form of payment (the "Third Amendment" and, together with the First Amendment, Second Amendment and the Note, "CCB"); and

WHEREAS, CREDITED and CAIXA intend to amend the CCB in order to change the terms of payments;

RESOLVE the parties to amend the CCB by means of the present Fourth Amendment to the Bank Credit Note 21.3150.777.0000001-97 ("Fourth Amendment"), in accordance with the following terms and conditions.

SECTION ONE – the characteristics of the credit will be in force with the following wording:

CREDIT CHARACTERISTICS:

	
		
	1 – Number of the CCB:
21.3150.777.0000001-97
	2 – Final maturity in:
October 31st 2019

	
	
	3 – Total Credit Value (“Principal”):
R$ 405,331,709.05 (four hundred and five million, three hundred and thirty-one thousand, seven hundred and nine reais and five cents)

	
	
	4 – Operation type
Investments – CDI – Post-fixed
777 – Special Corporate Credit – Large Corporations

	
	
	5 – Financial charges:
139.54% of CDI CETIP p.a., calculated in accordance with Section Three

	
	
	6 – Term and Amortization System and Payment:
Term: October 31st, 2019, all in the terms and conditions of Appendix I, observing the following: 
Payment dates of financial charges: the financial charges will be payable monthly from July 31st 2017 (exclusive) ("Payment Dates of Charges"), according to the schedule indicated in Annex I to this Note.
Payment Dates of Principal: Principal will be paid in installments, with the maturities and nominal values described in the payment schedule included in Appendix I to this Note.
Constant Amortization System

7 – Blocked account:
	
				
	

Agency
3150
	

Op.
003
	

Account
180
	

DV
4

8 – Checking account:
	
				
	

Agency
3150
	

Op.
003
	

Account
1859
	

DV
6

	
	
	9 – Payment location:
São Paulo, SP

10 – Guarantor:
	
		
	Guarantor
	CNPJ

	Nextel Participações Ltda.
	00.169.369/0001-22

11 – Guarantees:
	
		
	Guarantee
	Minimum amount

	Nextel Participações Ltda guarantee
	100% of the amount due to Caixa under the terms of this Note

	Fiduciary Assignment of Receivables on CAIXA Arrangement Agreement (SICAP)
	Minimum monthly average flow in the amount of R$ 70,000,000.00

On the Payment Dates indicated in Section Two below, until the mature date set forth in Field 2 of this Note, in the currency of the Country in this city, I, CREDITED, as issuer/or GUARANTOR, will pay to CAIXA or to your order, by this Note which together with the checking account statements and/or calculation spreadsheet, is recognized as a representative note of the debt, net and due, arising from the utilization of the resources made available to the CREDITED and added to the Financial Charges agreed in this Note;

The debt represented by this Note comprises the monthly amortization amounts, as indicated in Field 6 of this Note, with the respective Financial Charges, calculated based on the monthly effective interest rate, applied on a quarterly basis or in each monthly installment, as indicated in Field 6 of this Note, and the statement of the operation or the spreadsheet, which complements this Note, must express the amounts and respective percentages of Financial Charges, in accordance to the Law 10,931 of August 2nd 2004, and others legislations in force.

SECTION TWO – section two of the CCB shall be in force with the following wording:

“TERM
SECTION TWO – This Note is executed for the term indicated in section “Credit Characteristics” of this Note, observing the schedule of payments and amortizations of Appendix I of this Note.”

SECTION THREE – the Parties resolve to change the amounts set forth in the Principal payment schedule, so that the Principal installment due on July 8th 2017, in the amount of R$ 59,260,174.75, will be initially deferred to July 31st 2017, and that the terms of payment of said principal portion, in the amount of R$ 59,260,174.75, due on July 31st 2017, as well as the next installments of Principal, in the amount of R$ 11,852,034.95, due on August 8th 2017, and in the amount of R$ 11,852,034.95, due on September 8th 2017, will automatically be extended to October 31st 2017, with the caput of CCB Section Eight shall be in force with the following wording, maintaining the original wording of its remaining paragraphs:

“PAYMENT FORM
SECTION EIGHT - subject to the overdue maturity and the liabilities set forth in the other Sections, we are obligated to pay CAIXA the amounts related to this Note, as follows: a) Principal will be paid in installments, with the maturities and nominal values ​​described in the payment schedule as set forth in Appendix I of this Note, the first installment due on October 31st 2017 and the last installment due on October 31st 2019 (each of the dates indicated in Appendix I, a "Principal Payment Date"), and following the rule that the maturity date falls on a non-business day, the maturity period will automatically be extended to the next business day; and b) Financial Charges: (i) the financial charges will be due on the Payment Dates of Charges, in accordance with Section 6 of the Preamble of this Note, obliging us to settle with the last installment of the Principal, on October 31st 2019, all the financial obligations resulting from this Note. Any receipt of installments beyond the agreed upon deadlines will constitute a mere tolerance, which will not affect in any way the dates of their maturity or other Sections and conditions of this Note, nor will it matter novation or modification, including charges resulting from the delay. As a form and 

means of effective payment of the debt resulting from this Note, which is composed of Principal duly increased by the Financial Charges, the CREDITED authorizes CAIXA to debit in the Checking Account mentioned in Field 8, on the respective Payment Dates, on an irrevocable and irreversible basis, the amounts sufficient and payable in each of them as applicable.

SECTION FOUR – the Parties resolve to include a new subsection XXX, to amend the First and Third Paragraphs of Section Twenty-Two, as well as include Paragraph Four, which shall become effective with the following wording:

XXX) If the CREDITED, until the occurrence of the event described in the Third Paragraph of this Section Twenty-Two, makes the payment of any portion due to CDB (as defined below), and/or does not inform CAIXA of said payment, under the terms set forth in item (b.1) of Paragraph One below, unless the CREDITED performs the Mandatory Prepayment, as described in item (b) of Paragraph One below.

PARAGRAPH ONE – Mandatory Prepayment. Under penalty of the occurrence of a debt acceleration event, the CREDITED must ("Mandatory Prepayment"):

(a)    In the event of any of the events described in paragraphs (XXVIII) and (XXIX) of Section Twenty-Two, and the CREDITED does not cure them and/or reverts them within the period indicated in such paragraphs, the CREDITED shall perform a Mandatory Prepayment of total amount of R$ 82,964,244.65, to be paid to CAIXA within 10 (ten) days after the occurrence of the event, or the end of the curing period of the respective event (if any), but never after October 31st 2017; 

(b)    In the event that the CREDITED makes any payment of any installment of principal due to CHINA DEVELOPMENT BANK ("CDB"), under its credit agreements ('sinosure and non-sinosure') entered into on April 20th 2012 (“CDB Contracts"), the CREDITED shall make a Mandatory Prepayment in the amount equivalent to the application of the Extraordinary Amortization Percentage 

multiplied by the Principal, to be paid to CAIXA within 5 (five) business days from the date of payment to CDB. For the purposes of this item (b), the “Extraordinary Amortization Percentage” is the percentage calculated by (i) the total amount of principal payments made by the CREDITED in favor of CDB according to CDB Contracts, divided by (ii) the total amount of CDB Contracts debt in their respective payment date.

(b.1.) CREDITED is obliged to confirm expressly to CAIXA until August 14th 2017 if the payment of the principal portion (for clarification purposes, no amount of interest payment will be considered), due on August 15th 2017, in the scope of CDB Contracts, will be effected, and shall inform CAIXA of the exact amount of the installment to be paid, as well as the exact amount of CDB remaining debt, in order to enable the calculation of the proportion to be amortized in this CCB, in the terms of item “b” of Paragraph One of Section Twenty-Two; if such payment is not made by the ISSUER to CDB, Mandatory Prepayment event will not be configured according to item "b" of Paragraph One of Section Twenty-Two.

(b.2.) If payment to CDB, mentioned in item "b.1" of Paragraph One of Section Twenty-Two, is made, the CREDITED is also obliged to send to CAIXA, within 5 business days, the respective receipt of payment to CDB (specifically, the exchange contract that will be entered into), under CDB Contracts, attesting to the effective amortization of the debt with CDB in accordance with the amounts informed to CAIXA, pursuant to the terms of item "b.1" of Paragraph One of Section Twenty-Two.

PARAGRAPH THREE - For the purposes of clarification, the events of debt acceleration referred to in items (XXVIII), (XXIX) and (XXX) above, shall be effective until the date on which the Principal installment due on October 31st 2017 is fully paid, as provided in Appendix I of this Note. Also, for purposes of clarification, the expiration of the terms set forth in this clause shall not affect, in any way, the provisions relating the collection of Assigned Rights, nor the obligations related to the deposit of Minimum Average Amount in the Restricted Account, in terms set forth in Section Tenth of this CCB.

PARAGRAPH FOUR – The amounts paid as Mandatory Prepayment, as described in Paragraph One of this Section Twenty-Two, shall be deducted from the next principal installment(s), in accordance with this CCB, always considering, for this purpose, its chronological order.

REPLACEMENT OF THE APPENDIX
SECTION FIVE – The Parties resolve to change the amounts foreseen in the payment schedule of Principal and Financial Charges, so that Appendix I of the CCB will become effective as set forth in Schedule A of this Fourth Amendment, so as to reflect the provisions of Section Three of this Fourth Amendment.

REGISTER
SECTION SIX – CREDITED will register the Fourth Amendment in the Register of Securities and Documents of the District of São Paulo. The expenses related to said registration will be due to the CREDITED, which, from now on, authorizes the debiting of the respective amounts in its deposit account number 1859-6, maintained in agency 3150 of CAIXA. 

Thus adjusted, CAIXA, CREDITED and GUARANTOR, declaring there is no intention to novate, ratify this CCB hereby amended in all its terms, clauses and conditions not expressly changed in this document, including with respect to the real and personal guarantees constituted in the CCB and in the First Amendment, entered into between the Parties on February 13th 2015, which is hereby incorporated into a single and indivisible whole for all purposes of law.

And, because they are in perfect agreement, the CREDITED issues this duly signed Banking Credit Note and in 4 (four) identical copies, being only the first one (the bank's copy) negotiable.

São Paulo, August 3rd,  2017.

ISSUER/CREDITED:
NEXTEL TELECOMUNICAÇÕES LTDA.

GUARANTOR:
NEXTEL PARTICIPAÇÕES LTDA.

CREDITOR:
CAIXA ECONÔMICA FEDERAL
 

APPENDIX A

APPENDIX I OF THE CCB
NEW PAYMENT SCHEDULE
	
					
	CAIXA

	YEAR
	MONTH
	DAY
	PAYMENT
	PRINCIPAL BALANCE

	2017
	February
	8
	R$ 11.852.034,95
	R$ 405.331.709,05

	March
	 
	 
	R$ 405.331.709,05

	April
	 
	 
	R$ 405.331.709,05

	May
	 
	 
	R$ 405.331.709,05

	June
	 
	 
	R$ 405.331.709,05

	July
	 
	 
	R$ 405.331.709,05

	August
	 
	 
	R$ 405.331.709,05

	September
	 
	 
	R$ 405.331.709,05

	October
	 31
	R$ 94.816.279,60 
	R$ 310.515.429,45

	December
	1
	R$ 13.686.686,94
	R$ 296.828.742,51

	December
	31
	R$ 13.686.686,94
	R$ 283.142.055,57

	2018
	January
	31
	R$ 13.065.943,08
	R$ 270.076.112,49

	March
	1
	R$ 13.065.943,08
	R$ 257.010.169,41

	March
	31
	R$ 13.065.943,08
	R$ 243.944.226,33

	May
	1
	R$ 13.065.943,08
	R$ 230.878.283,25

	May
	31
	R$ 13.065.943,08
	R$ 217.812.340,17

	June
	1
	R$ 13.065.943,08
	R$ 204.746.397,09

	July
	31
	R$ 13.065.943,08
	R$ 191.680.454,01

	August
	31
	R$ 13.065.943,08
	R$ 178.614.510,93

	October
	1
	R$ 13.065.943,08
	R$ 165.548.567,85

	October
	31
	R$ 13.065.943,08
	R$ 152.482.624,77

	December
	1
	R$ 13.065.943,08
	R$ 139.416.681,69

	December
	31
	R$ 13.065.943,08
	R$ 126.350.738,61

	2019
	January
	31
	R$ 13.065.943,08
	R$ 113.284.795,53

	March
	1
	R$ 13.065.943,08
	R$ 100.218.852,45

	March
	31
	R$ 13.065.943,08
	R$ 87.152.909,37

	May
	1
	R$ 13.065.943,08
	R$ 74.086.966,29

	May
	31
	R$ 13.065.943,08
	R$ 61.021.023,21

	July
	1
	R$ 13.065.943,08
	R$ 47.955.080,13

	July
	31
	R$ 13.065.943,08
	R$ 34.889.137,05

	August
	31
	R$ 13.065.943,08
	R$ 21.823.193,97

	October
	1
	R$ 13.065.943,08
	R$ 8.757.250,89

	October
	31
	R$ 8.757.250,89
	R$ 0,00Exhibit

Exhibit 10.2

FOURTH AMENDMENT TO THE BANK CREDIT NOTE 307.001.181, ISSUED BY NEXTEL TELECOMUNICAÇÕES LTDA., ON OCTOBER 31ST 2012, IN FAVOR OF BANCO DO BRASIL S.A., IN THE AMOUNT OF R$ 400,000,000.00 (FOUR HUNDRED MILLION REAIS).

PREAMBLE:
-----------------------------------------------------------------------------------------------------------------
ISSUER – NEXTEL TELECOMUNICAÇÕES LTDA, a limited company with headquarters at 14171 Nações Unidas Avenue, 27th floor, Rochavera Corporate Towers, Crystal Tower, city of São Paulo, State of São Paulo, registered in CNPJ/MF (National Registry of Legal Entity) 66.970.229/0001-67, herein represented by the undersigned and qualified persons.
-----------------------------------------------------------------------------------------------------------------
CREDITOR – BANCO DO BRASIL S.A., joint stock company, headquartered in Brasilia, Federal Capital, at SAUN Qd 5 lt B - Tower I - Ed.BB – zip code 70.040-912, registered with CNPJ 00.000.000/0001-91, by its subsidiary, Large Corporate Agency 3070, located in the city of São Paulo, State of São Paulo, 2300 Paulista Avenue, 2nd floor, Cerqueira César, registered in CNPJ/MF 00.000.000/1947-00, represented by its legal representatives, in the form of its bylaws.
-----------------------------------------------------------------------------------------------------------------
GUARANTOR - NEXTEL PARTICIPAÇÕES LTDA., a limited company with headquarters at 14171 Nações Unidas Avenue, 26th floor, Room A, Rochavera Corporate Towers, Crystal Tower, city of São Paulo, State of São Paulo, registered in CNPJ/MF 00.169.369/0001-22, herein represented by the undersigned and qualified persons.    
-----------------------------------------------------------------------------------------------------------------

WHEREAS, on October 31st 2012, the ISSUER issued in favour of CREDITOR the Bank Credit Note 307.001.181 in the principal amount of R$ 400,000,000.00 (four hundred million reais) (the “Note”);

WHEREAS, on February 13th 2015, the ISSUER and the CREDITOR executed the first amendment of the Note, changing, among other conditions, the interest rate on debt balances verified in the Loan Account and including the additional secured collateral to fulfill the obligations contained therein (the "First Amendment");

WHEREAS, on June 25th 2015, the ISSUER and the CREDITOR executed the second amendment to the Notes, changing, among other conditions, the form of payment and the interest rate on debt balances (the "Second Amendment");

WHEREAS, on February 24th 2017, the ISSUER and the CREDITOR executed the third amendment to the Note, changing, among other conditions, the form of payment on debt balances (the "Third Amendment" and, together with the First Amendment, Second Amendment and the Note, "CCB"); and

    

WHEREAS the ISSUER and the CREDITOR intend to amend CCB in order to change the terms of payments 

RESOLVE the parties to celebrate the present Fourth Amendment to the Bank Credit Note 307.001.181 (“Fourth Amendment”), subject to the following terms and conditions.

SECTION ONE – INTRODUCTION – The introduction of the CCB shall be in force with the following wording:

“1. INTRODUCTION:

1.1. - ISSUER:
Company name: NEXTEL TELECOMUNICAÇÕES LTDA. (“ISSUER”)
CNPJ: 66.970.229/0001-67
Address: 14171 Nações Unidas Avenue, 27th floor, Rochavera Corporate Towers, Crystal Tower
City: São Paulo         State: SP                                                                            
Zip Code: 04.794-000
Agency: Large Corporate SP 3070 (SP)
Checking account: 5.567-0 (“Checking Account”)

1.2. – CREDIT OPERATION DATA:
Amount: R$ 400,000,000.00 (four hundred million reais) (“Principal”)
Final maturity: October 31st 2019
Payment Dates of Financial Charges: monthly from July 1st 2016 (exclusive) ("Payment Dates of Charges").
Number of copies of this Bank Credit Note: 1 (one) negotiable and 2 (two) non-negotiable copies“

SECTION TWO – CREDIT – The Section 1 of the CCB shall be in force with the following wording:

“1. CREDIT – on the payment dates set forth in Section 9 below, until October 31st 2019, and in accordance with the schedule indicated in Appendix I, we will pay, in national currency, for this Bank Credit Note ("Note"), the characteristics of which are described in the preambular table, to BANCO DO BRASIL SA ("CREDITOR"), a financial institution 

    

headquartered in the city of Brasília, Federal District, SAUN Qd 5 lt B - Tower I - Ed.BB – zip code 70.040-912, registered in CNPJ 00.000.000/0001-91, represented by its subsidiary, Large Corporate Agency SP 3070 (SP), located in the city of São Paulo, State of São Paulo, at 2300 Paulista Avenue, 2nd floor, Cerqueira César, registered in CNPJ/MF 00.000.000/1947-00, or to its order, in the place of payment indicated in the Local Payment Section, the net indebtedness, certain and due, corresponding to the amount in item 1.2 of the preamble ("Principal"), plus Financial Charges as provided for in this Note.”

SECTION THREE – PAYMENT FORM AND REPLACEMENT OF PAYMENT SCHEDULE – the Parties resolve to change the amounts set forth in the payment schedule of Principal, so that the payment dates of the next installments of Principal, in the amount of R$ 46,297,011.50, due on July 31st 2017; in the amount of R$ 9,259,402.30, due on August 31st 2017; and in the amount of R$ 9,259,402.30, due on October 1st 2017, will automatically be extended to October 31st 2017, and the schedule of payments contained in Appendix I of the CCB shall become effective as set forth in Appendix A of this Fourth Amendment, and following the rule that when the mature date falls on a non-business day, the mature date will be automatically postponed to the following business day.

SECTION FOUR – DEBT ACCELERATION – the Parties resolve to include a new sub-item (dd), to amend subitems 10.1.1, 10.1.1.1 and clause 10.2.1 of Section 10 of the CCB, as well as include new subitems 10.1.1.2 and 10.1.1.3, which will be in force with the following wording:

“(dd) If the ISSUER, until the occurrence of the event described in section 10.2.1 below, makes the payment of any portion due to CDB (as defined below), and/or does not inform the CREDITOR about said payment, under the terms set forth in item 10.1.1.2 below, unless the ISSUER makes the Mandatory Prepayment, as described in item (b) of section 10.1.1 below.

10.1.1    Mandatory Prepayments. Under penalty of the occurrence of debt acceleration event, the ISSUER shall ("Mandatory Prepayment"):

(a)    in any of the events described in items (bb) or (cc) of item 10.1, and the ISSUER does not cure them and/or revert them within the period indicated in such paragraphs, the ISSUER shall make a Mandatory Prepayment in total amount of R$ 64,815,816.12, to be paid to the CREDITOR within 10 (ten) days after the occurrence of the event, or 

    

by the end of the curing period of the respective event (if any), but never after October 31st 2017;

(b)    in the event that the ISSUER makes any payment of any installment of principal owed to CHINA DEVELOPMENT BANK ("CDB"), under the credit agreements 'sinosure and non-sinosure' entered into on April 20th 2012 (“CDB Contracts"), the ISSUER shall make a Mandatory Prepayment in the amount equivalent to the application of the Extraordinary Amortization Percentage multiplied by the Principal, to be paid to the CREDITOR within 5 (five) business days of the date of payment to CDB. For purposes of this item (b), the “Extraordinary Amortization Percentage” is the percentage calculated by (i) the total amount of principal payments made by the ISSUER in favor of CDB according to CDB Contracts, divided by (ii) the total amount of CDB Contracts debt in their respective payment date.

10.1.1.1 The amounts paid as Mandatory Prepayment, as described in item 10.1.1 above, shall be deducted from the next principal instalmment(s) of Principal, under the terms of this Note, always considering, for this purpose, its chronological order.

10.1.1.2 The ISSUER is obliged to expressly confirm to the CREDITOR until August 14th 2017 if the payment of the principal portion (for clarification purposes, no amount as interest payment will be considered), due on August 15th 2017, in the scope of CDB Contracts, will in fact be effected, and shall inform the CREDITOR of the exact amount of the installment to be paid, as well as the exact amount of CDB remaining debt, in order to enable the calculation of the proportion to be amortized in this CCB , in the terms of item 10.1.1 "b", provided that if said payment is not made by the ISSUER to CDB, the hypothesis of Mandatory Prepayment provided for in clause 10.1.1 "b" will not be configured.

10.1.1.3 In case the payment to CDB mentioned in section 10.1.1.2 is made, the ISSUER is obliged to send to the CREDITOR, within 5 business days, the respective receipt of payment to CDB (specifically, the exchange contract that will be entered into) under CDB Contracts, attesting to the effective amortization of the debt with CDB in accordance with the amounts informed to the CREDITOR, pursuant to section 10.1.1.2.

10.2.1    For the purposes of clarification, the debt acceleration events referred to in items (bb), (cc) and (dd) of item 10.1 above shall be effective until the date on which the principal portion due on October 31st 2017 is fully paid, as provided in Appendix I of this 

    

Note. Furthermore, for the purposes of clarification, the expiration of the terms provided for in this clause shall not affect, in any way, the provisions regarding the collection of Assigned Rights, nor the obligations related to the deposit of Minimum Average Value in Restricted Account, in the terms of the Section Two of the First Amendment to the Note, entered into between the Parties on February 13th 2015.”

SECTION FIVE – REGISTER – the ISSUER will register the Fourth Amendment in Register of Securities and Documents of the District of São Paulo. The expenses related to this registration will be due to the ISSUER, which, from now on, authorizes the debiting of the respective amounts in its deposit account number 5567-0, maintained in the agency 3070-8 of the CREDITOR.

Thus adjusted, the CREDITOR, the ISSUER and the GUARANTOR, stating that there is no intention to novate, ratify this Bank Credit Note hereby amended in all its terms, clauses and conditions not expressly changed in this document, including in relation to the real and personal guarantees constituted in the First Amendment, entered into between the Parties on February 13th 2015, which is hereby incorporated into a single and indivisible whole for all purposes of law.

This instrument is issued in 3 (three) copies of equal content, and only the first one will be negotiable. The other copies contain the expression "non-negotiable copy".

São Paulo (SP), July 28, 2017

CREDITOR
BANCO DO BRASIL S.A.
Large Corporate Branch 3070 (SP)

ISSUER
NEXTEL TELECOMUNICAÇÕES LTDA.
CNPJ: 66.970.229/0001-67

GUARANTOR
NEXTEL PARTICIPAÇÕES LTDA.
CNPJ: 00.169.369/0001-22

    

APPENDIX A
APPENDIX I OF THE CCB
NEW PAYMENT SCHEDULE
	
					
	BANCO DO BRASIL

	 
	MONTH
	DAY
	PAYMENT
	PRINCIPAL BALANCE

	2016
	 
	 
	 
	 R$   400.000.000,00 

	July
	01
	 R$        9.259.402,30 
	 R$   390.740.597,70 

	July
	31
	 R$        9.259.402,30 
	 R$   381.481.195,40 

	August
	31
	 R$        9.259.402,30 
	 R$   372.221.793,10 

	October
	01
	 R$        9.259.402,30 
	 R$   362.962.390,80 

	October
	31
	 R$        9.259.402,30 
	 R$   353.702.988,50 

	December
	01
	 R$        9.259.402,30 
	 R$   344.443.586,20 

	December
	31
	 R$        9.259.402,30 
	 R$   335.184.183,90 

	2017
	January
	31
	 R$        9.259.402,30 
	 R$   325.924.781,60 

	March
	01
	 R$        9.259.402,30 
	 R$   316.665.379,30 

	October
	31
	 R$      74.075.218,40 
	 R$   242.590.160,90 

	December
	01
	 R$      10.692.724,17 
	 R$   231.897.436,73 

	December
	31
	 R$      10.692.724,17 
	 R$   221.204.712,56 

	2018
	January
	31
	 R$      10.207.768,03 
	 R$   210.996.944,53 

	March
	01
	 R$      10.207.768,03 
	 R$   200.789.176,50 

	March
	31
	 R$      10.207.768,03 
	 R$   190.581.408,47 

	May
	01
	 R$      10.207.768,03 
	 R$   180.373.640,44 

	May
	31
	 R$      10.207.768,03 
	 R$   170.165.872,41 

	July
	01
	 R$      10.207.768,03 
	 R$   159.958.104,38 

	July
	31
	 R$      10.207.768,03 
	 R$   149.750.336,35 

	August
	31
	 R$      10.207.768,03 
	 R$   139.542.568,32 

	October
	01
	 R$      10.207.768,03 
	 R$   129.334.800,29 

	October
	31
	 R$      10.207.768,04 
	 R$   119.127.032,25 

	December
	01
	 R$      10.207.768,03 
	 R$   108.919.264,22 

	December
	31
	 R$      10.207.768,03 
	 R$      98.711.496,19 

	2019
	January
	31
	 R$      10.207.768,03 
	 R$      88.503.728,16 

	March
	01
	 R$      10.207.768,03 
	 R$      78.295.960,13 

	March
	31
	 R$      10.207.768,03 
	 R$      68.088.192,10 

	May
	01
	 R$      10.207.768,03 
	 R$      57.880.424,07 

	May
	31
	 R$      10.207.768,03 
	 R$      47.672.656,04 

	July
	01
	 R$      10.207.768,03 
	 R$      37.464.888,01 

	July
	31
	 R$      10.207.768,03 
	 R$      27.257.119,98 

	August
	31
	 R$      10.207.768,03 
	 R$      17.049.351,95 

	October
	01
	 R$      10.207.768,03 
	 R$        6.841.583,92 

	October
	31
	 R$        6.841.583,92 
	 R$                        0,00

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00273-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00273-of-00352.parquet"}]]