Document:

EX-4.2

 Exhibit 4.2 
 NII INTERNATIONAL TELECOM S.C.A. 
 $750,000,000 

11.375% Senior Notes due 2019 
 REGISTRATION RIGHTS AGREEMENT 
 February 19, 2013 

J.P. Morgan Securities LLC 
 383 Madison Avenue

 New York, NY 10179 
 As
representative of the Initial Purchasers 
 listed in Schedule I hereto 
 Ladies and Gentlemen: 
 NII International Telecom S.C.A., a partnership limited by
shares (société en commandite par actions) incorporated under Luxembourg law, with registered office at 65, Boulevard Grande-Duchesse Charlotte, L-1331 Luxembourg, registered with the Luxembourg Register of Commerce and
Companies under the number B 149.237 (the “Company”), proposes to issue and sell to certain purchasers (the “Initial Purchasers”) its 11.375% Senior Notes due 2019 (the “Notes”), upon the terms set forth in the Purchase
Agreement among the Company, the Guarantor (as defined herein) and the Initial Purchasers, dated February 11, 2013 (the “Purchase Agreement”) relating to the initial placement (the “Initial Placement”) of the Notes. The
Notes will be unconditionally guaranteed on a senior unsecured basis by NII Holdings, Inc. (the “Guarantor”) as provided for in the Indenture (as defined herein) (the “Guarantee” and, together with the Notes, the
“Securities”). To induce the Initial Purchasers to enter into the Purchase Agreement and to satisfy a condition to your obligations thereunder, the Company and the Guarantor, jointly and severally, agree with you for your benefit and the
benefit of the holders from time to time of the Securities (including the Initial Purchasers) and the Exchange Securities (as defined herein) (each a “Holder” and, collectively, the “Holders”), as follows: 

1. Definitions. Capitalized terms used herein without definition shall have their respective meanings set forth in the Purchase
Agreement. As used in this Agreement, the following capitalized defined terms shall have the following meanings: 

“Act” shall mean the Securities Act of 1933, as amended, and the rules and regulations of the Commission promulgated
thereunder. 
 “Additional Interest” shall have the meaning set forth in Section 8 hereof. 

“Affiliate” shall have the meaning specified in Rule 405 under the Act and the terms “controlling” and
“controlled” shall have meanings correlative thereto. 

  
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 “Broker-Dealer” shall mean any broker or dealer registered as such under the
Exchange Act. 
 “Business Day” shall mean any day other than a Saturday, a Sunday or a federal legal holiday or a day
on which banking institutions or trust companies are authorized or obligated by law to close in New York City. 
 “Closing
Date” shall mean the date of the first issuance of the Securities. 
 “Commission” shall mean the Securities and
Exchange Commission. 
 “Deferral Period” shall have the meaning indicated in Section 4(k)(ii) hereof.

 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the rules and regulations of the
Commission promulgated thereunder. 
 “Exchange Securities” shall mean debt securities of the Company and the related
guarantee of the Guarantor as provided for in the Indenture identical in all material respects to the Securities (except that the Additional Interest provisions and transfer restrictions shall be eliminated) to be issued under the Indenture.

 “Exchange Offer Registration Period” shall mean the 180-day period following the consummation of the Registered
Exchange Offer, exclusive of any period during which any stop order shall be in effect suspending the effectiveness of the Exchange Offer Registration Statement, or such shorter period as will terminate when all Securities covered by the Exchange
Offer Registration Statement have been exchanged pursuant thereto. 
 “Exchange Offer Registration Statement” shall
mean a registration statement of the Company and the Guarantor on an appropriate form under the Act with respect to the Registered Exchange Offer, all amendments and supplements to such registration statement, including post-effective amendments
thereto, in each case including the Prospectus contained therein, all exhibits thereto and all material incorporated by reference therein. 
 “Exchanging Dealer” shall mean any Holder (which may include any Initial Purchaser) that is a Broker-Dealer and elects to exchange for Exchange Securities any Securities that it acquired for its
own account as a result of market-making activities or other trading activities (but not directly from the Company, the Guarantor, or any Affiliate of either the Company or the Guarantor). 

“Final Memorandum” shall have the meaning set forth in the Purchase Agreement. 

“FINRA Rules” shall mean the rules of the Financial Industry Regulatory Authority. 

“Guarantor” shall have the meaning set forth in the preamble hereto. 

“Holder” shall have the meaning set forth in the preamble hereto. 

  
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 “Indenture” shall mean the Indenture relating to the Notes, dated as of
February 19, 2013 among the Company, the Guarantor, Wilmington Trust, National Association, as trustee and paying agent, and A&L Listing Limited as listing agent in Ireland, as the same may be amended from time to time in accordance with
the terms thereof. 
 “Initial Placement” shall have the meaning set forth in the preamble hereto. 

“Initial Purchasers” shall have the meaning set forth in the preamble hereto. 

“Losses” shall have the meaning set forth in Section 6(d) hereof. 

“Majority Holders” shall mean, on any date, Holders of a majority of the aggregate principal amount of Securities and/or
Exchange Securities, as applicable, registered under a Registration Statement. 
 “Managing Underwriters” shall mean
the investment banker or investment bankers and manager or managers that administer an underwritten offering, if any, under a Shelf Registration Statement. 
 “Notes” shall have the meaning set forth in the preamble hereto. 

“Prospectus” shall mean the prospectus included in any Registration Statement (including, without limitation, a prospectus that
discloses information previously omitted from a prospectus filed as part of an effective registration statement in reliance upon Rule 430A under the Act), as amended or supplemented by any prospectus supplement, with respect to the terms of the
offering of any portion of the Securities or the Exchange Securities covered by such Registration Statement, and all amendments and supplements thereto, including post-effective amendments and any and all information incorporated by reference
therein. 
 “Purchase Agreement” shall have the meaning set forth in the preamble hereto. 

“Registered Exchange Offer” shall mean the offer of the Company and the Guarantor to issue and deliver to Holders that are not
prohibited by any law or policy of the Commission from participating in such offer, in exchange for the Securities, a like aggregate principal amount of the Exchange Securities. 

“Registrable Securities” shall mean (i) Securities other than those that (A) have been registered under a
Registration Statement and exchanged or disposed of pursuant to such Registration Statement or (B) cease to be outstanding, and (ii) any Exchange Securities, the resale of which by the Holder thereof requires compliance with the prospectus
delivery requirements of the Act. 
 “Registration Default” shall have the meaning set forth in Section 8 hereof.

 “Registration Statement” shall mean any Exchange Offer Registration Statement or Shelf Registration Statement that
covers any of the Securities or the Exchange Securities pursuant to the provisions of this Agreement, any amendments and supplements to such registration statement, including post-effective amendments (in each case including the Prospectus contained
therein), all exhibits thereto and all material incorporated by reference therein. 

  
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 “Securities” shall have the meaning set forth in the preamble hereto. 

“Shelf Registration” shall mean a registration effected pursuant to Section 3 hereof. 

“Shelf Registration Period” has the meaning set forth in Section 3(b) hereof. 

“Shelf Registration Statement” shall mean a “shelf” registration statement of the Company and the Guarantor pursuant
to the provisions of Section 3 hereof which covers some or all of the Securities or Exchange Securities, as applicable, on an appropriate form under Rule 415 under the Act, or any similar rule that may be adopted by the Commission, amendments
and supplements to such registration statement, including post-effective amendments, in each case including the Prospectus contained therein, all exhibits thereto and all material incorporated by reference therein. 

“Trustee” shall mean the trustee with respect to the Securities under the Indenture. 

“Underwriter” shall mean any underwriter of Securities in connection with an offering thereof under a Shelf Registration
Statement. 
 2. Registered Exchange Offer. (a) Unless a Registered Exchange Offer shall not be
permissible by applicable law or Commission policy, the Company and the Guarantor shall use their respective reasonable best efforts to (i) prepare and file with the Commission the Exchange Offer Registration Statement with respect to the
Registered Exchange Offer, (ii) cause the Exchange Offer Registration Statement to become effective under the Act and commence the Registered Exchange Offer promptly after such effectiveness and (iii) keep the Exchange Offer Registration
Statement effective until the closing of the Registered Exchange Offer and (iv) cause the Registered Exchange Offer to be consummated not later than the 360th calendar day following the Closing Date (or, if such 360th day is not a Business Day, the next succeeding Business Day) (the “Exchange Date”). 

(b) Upon the effectiveness of the Exchange Offer Registration Statement, the Company and the Guarantor shall promptly commence the
Registered Exchange Offer, it being the objective of such Registered Exchange Offer to enable each Holder electing to exchange Securities for Exchange Securities (assuming that such Holder is not an Affiliate of the Company or the Guarantor,
acquires the Exchange Securities in the ordinary course of such Holder’s business, has no arrangements with any person to participate in the distribution of the Exchange Securities and is not prohibited by any law or policy of the Commission
from participating in the Registered Exchange Offer) to trade such Exchange Securities from and after their receipt without any limitations or restrictions under the Act. 
 (c) In connection with the Registered Exchange Offer, the Company and the Guarantor shall: 

  
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 (i) mail or cause to be mailed to each Holder a copy of the Prospectus forming part of the
Exchange Offer Registration Statement, together with an appropriate letter of transmittal and related documents; 
 (ii) keep
the Registered Exchange Offer open for not less than 20 Business Days after the date notice thereof is mailed to the Holders (or longer if required by applicable law); 
 (iii) use their respective reasonable best efforts to keep the Exchange Offer Registration Statement continuously effective under the Act, supplemented and amended as required, under the Act to ensure
that it is available for sales of Exchange Securities by Exchanging Dealers during the Exchange Offer Registration Period; 

(iv) utilize the services of a depositary for the Registered Exchange Offer, which may be the Trustee or an Affiliate of the Trustee;

 (v) permit Holders to withdraw tendered Securities at any time prior to the close of business, New York time, on the last
Business Day on which the Registered Exchange Offer is open; 
 (vi) prior to effectiveness of the Exchange Offer Registration
Statement, if requested by the staff of the Commission, provide a supplemental letter to the Commission (A) stating that the Company and the Guarantor are conducting the Registered Exchange Offer in reliance on the position of the Commission in
Exxon Capital Holdings Corporation (pub. avail. May 13, 1988), Morgan Stanley and Co., Inc. (pub. avail. June 5, 1991); and (B) including a representation that the Company and the Guarantor have not entered into any
arrangement or understanding with any person to distribute the Exchange Securities to be received in the Registered Exchange Offer and that, to the best of the Company’s and the Guarantor’s information and belief, each Holder participating
in the Registered Exchange Offer is acquiring the Exchange Securities in the ordinary course of business and has no arrangement or understanding with any person to participate in the distribution of the Exchange Securities; and 

(vii) comply in all material respects with all applicable laws. 

(d) As soon as practicable after the close of the Registered Exchange Offer, the Company and the Guarantor shall: 

(i) accept for exchange all Securities properly tendered and not validly withdrawn pursuant to the Registered Exchange Offer on or prior
to its expiration; 
 (ii) deliver or cause to be delivered to the Trustee for cancellation in accordance with
Section 4(q) all Securities so accepted for exchange; and 
 (iii) cause the Trustee promptly to authenticate and deliver
to each Holder of Securities a principal amount of Exchange Securities equal to the principal amount of the Securities of such Holder so accepted for exchange. 

  
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 (e) Each Holder hereby acknowledges and agrees that any Broker-Dealer and any such Holder
using the Registered Exchange Offer to participate in a distribution of the Exchange Securities (x) could not under Commission policy as in effect on the date of this Agreement rely on the position of the Commission in Exxon Capital Holdings
Corporation (pub. avail. May 13, 1988) and Morgan Stanley and Co., Inc. (pub. avail. June 5, 1991), as interpreted in the Commission’s letter to Shearman & Sterling LLP dated July 2, 1993 and similar no-action
letters; and (y) must comply with the registration and prospectus delivery requirements of the Act in connection with any secondary resale transaction, which must be covered by an effective registration statement containing the selling security
holder information required by Item 507 or 508, as applicable, of Regulation S-K under the Act if the resales are of Exchange Securities obtained by such Holder in exchange for Securities acquired by such Holder directly from the Company, the
Guarantor or one of their respective Affiliates. Accordingly, each Holder participating in the Registered Exchange Offer shall be required to represent to the Company and the Guarantor that, at the time of the consummation of the Registered Exchange
Offer: 
 (i) any Exchange Securities received by such Holder will be acquired in the ordinary course of business; 

(ii) such Holder will have no arrangement or understanding with any person to participate in the distribution of the Securities or the
Exchange Securities within the meaning of the Act; and 
 (iii) such Holder is not an Affiliate of the Company or the
Guarantor. 
 (f) If any Initial Purchaser determines that it is prohibited by law or Commission policy from participating in
the Registered Exchange Offer with respect to the exchange of Securities constituting any portion of an unsold allotment, at the request of such Initial Purchaser, the Company and the Guarantor shall issue and deliver to the person purchasing
Securities registered under a Shelf Registration Statement as contemplated by Section 3 hereof from such Initial Purchaser, in exchange for such Securities, a like principal amount of Exchange Securities. 

3. Shelf Registration. (a) If (i) due to any change in law or applicable interpretations thereof by the
Commission’s staff, the Company determines upon advice of its outside counsel that it is not permitted to effect the Registered Exchange Offer as contemplated by Section 2 hereof; (ii) the Registered Exchange Offer has not been
consummated by the Exchange Date; or (iii) any Holder notifies the Company within 30 days following the consummation of the Registered Exchange Offer that (A) it is prohibited by law or Commission policy from participating in the
Registered Exchange Offer; (B) it may not resell the Exchange Securities acquired by it in the Registered Exchange Offer to the public without delivering a prospectus and the prospectus contained in the Exchange Offer Registration Statement is
not appropriate or available for such resales; or (C) it is a broker-dealer and owns Securities acquired directly from the Company or an affiliate of the Company, then the Company and the Guarantor shall effect a Shelf Registration Statement in
accordance with subsection (b) below. 

  
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 (b) (i) The Company and the Guarantor shall use their respective reasonable best efforts to
file with the Commission within 30 days after such filing obligation arises, and shall use their respective reasonable best efforts to cause to be declared effective under the Act within 75 days of such filing, pursuant to subsection (a) of
this Section 3, a Shelf Registration Statement relating to the offer and sale of the Securities or the Exchange Securities, as applicable, by the Holders thereof from time to time in accordance with the methods of distribution elected by such
Holders and set forth in such Shelf Registration Statement; provided, however, that no Holder shall be entitled to have the Securities held by it covered by such Shelf Registration Statement or be entitled to use a Prospectus forming a
part thereof unless such Holder agrees in writing to be bound by all of the provisions of this Agreement applicable to such Holder and has returned to the Company a completed and signed selling securityholder questionnaire in reasonable and
customary form by the reasonable deadline for responses set forth therein; and provided, further, that with respect to Exchange Securities received by an Initial Purchaser in exchange for Securities constituting any portion of an
unsold allotment, the Company and the Guarantor may, if permitted by current interpretations by the Commission’s staff, file a post-effective amendment to the Exchange Offer Registration Statement containing the information required by
Item 507 or 508 of Regulation S-K, as applicable, in satisfaction of their obligations under this subsection with respect thereto, and any such Exchange Offer Registration Statement, as so amended, shall be referred to herein as, and governed
by the provisions herein applicable to, a Shelf Registration Statement. 
 (ii) The Company and the Guarantor shall use their
respective reasonable best efforts to keep the Shelf Registration Statement continuously effective, supplemented and amended as required by the Act, in order to permit the Prospectus forming part thereof to be usable by Holders for a period (the
“Shelf Registration Period”) from the date the Shelf Registration Statement is declared effective by the Commission until the first to occur of (A) the date upon which all the Securities or Exchange Securities, as applicable, covered
by the Shelf Registration Statement have been sold pursuant to the Shelf Registration Statement or cease to be outstanding or (B) two years after the Closing Date. 
 (iii) Subject to the provisions of Section 4 hereof, the Company and the Guarantor shall cause the Shelf Registration Statement and the related Prospectus and any amendment or supplement thereto, as
of the effective date of the Shelf Registration Statement or such amendment or supplement, (A) to comply as to form in all material respects with the applicable requirements of the Act; and (B) not to contain any untrue statement of a
material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein (in the case of the Prospectus, in the light of the circumstances under which they were made) not misleading.

 4. Additional Registration Procedures. In connection with any Shelf Registration Statement and, to the extent
applicable, any Exchange Offer Registration Statement, the following provisions shall apply: 
 (a) The Company and the
Guarantor shall: 
 (i) furnish to the Initial Purchasers, not less than five Business Days prior to the filing thereof with
the Commission, a copy of any Exchange Offer Registration Statement and any Shelf Registration Statement, and each amendment thereof and each amendment or supplement, if any, to the Prospectus included therein (but excluding all

  
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documents incorporated by reference therein after the initial filing) and shall use their respective reasonable best efforts to reflect in each such document, when so filed with the Commission,
such comments as the Initial Purchasers reasonably propose; 
 (ii) include the information (as may be revised at the request
or requirement of the Commission) substantially in the form set forth in Annex A hereto on the facing page of the Exchange Offer Registration Statement, in Annex B hereto in the forepart of the Exchange Offer Registration Statement in a section
setting forth details of the Registered Exchange Offer, in Annex C hereto in the underwriting or plan of distribution section of the Prospectus contained in the Exchange Offer Registration Statement, and in Annex D hereto in the letter of
transmittal delivered pursuant to the Registered Exchange Offer; 
 (iii) if requested by an Initial Purchaser, include the
information required by Item 507 or 508 of Regulation S-K, as applicable, in the Prospectus contained in the Exchange Offer Registration Statement; and 
 (iv) in the case of a Shelf Registration Statement, include the names of the Holders (to the extent provided by such Holders) that propose to sell Securities pursuant to the Shelf Registration Statement
as selling security holders; provided that, the Company shall not be required to include the name of any Holder that has not complied with the requirements set forth in Section 3(b)(i) hereof. 

(b) Subject to the following provisions of this Section 4, the Company and the Guarantor shall use their respective reasonable best
efforts to ensure that: 
 (i) any Registration Statement and any amendment thereto and any Prospectus forming a part thereof
and any amendment or supplement thereto complies as to form in all material respects with the Act; and 
 (ii) any Registration
Statement and any amendment thereto does not, as of the effective date of the Registration Statement or such amendment, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to
make the statements therein (in the case of the Prospectus, in light of the circumstances under which they were made) not misleading. 
 (c) The Company and the Guarantor shall advise the Initial Purchasers, the Holders of Securities covered by any Shelf Registration Statement and any Exchanging Dealer under any Exchange Offer Registration
Statement that has provided in writing to the Company or the Guarantor a telephone or facsimile number and address for notices (a “Known Exchanging Dealer”), and, if requested by the Initial Purchasers or any such Holder or Known
Exchanging Dealer, shall confirm such advice in writing (which notice pursuant to clauses (ii)-(v) hereof shall be accompanied by an instruction to suspend the use of the Prospectus until the Company and the Guarantor shall have remedied the
basis for such suspension): 
 (i) when the relevant Registration Statement and any amendment thereto has been filed with the
Commission and when the Registration Statement or any post-effective amendment thereto has become effective; 

  
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 (ii) of any request by the Commission for any amendment or supplement to the Registration
Statement or the Prospectus or for additional information; 
 (iii) of the issuance by the Commission of any stop order
suspending the effectiveness of the Registration Statement or the initiation of any proceeding for that purpose; 
 (iv) of the
receipt by the Company or the Guarantor of any notification with respect to the suspension of the qualification of the securities included therein for sale in any jurisdiction or the initiation of any proceeding for such purpose; and 

(v) at a time when a Prospectus is required to be delivered under the Act, of the happening of any event that requires any change in the
Registration Statement or the Prospectus so that, as of such date, they (A) do not contain any untrue statement of a material fact and (B) do not omit to state a material fact required to be stated therein or necessary to make the
statements therein (in the case of the Prospectus, in the light of the circumstances under which they were made) not misleading. 
 (d) The Company and the Guarantor shall use their respective reasonable best efforts to prevent the issuance of any order suspending the effectiveness of any Registration Statement or the qualification of
the securities therein for sale in any jurisdiction, and if issued to obtain as soon as possible the withdrawal thereof. 
 (e)
The Company and the Guarantor shall furnish, upon written request, to each Holder of Securities covered by any Shelf Registration Statement, without charge, at least one copy of such Shelf Registration Statement and any post-effective amendment
thereto. 
 (f) The Company and the Guarantor shall, during the Shelf Registration Period, deliver to each Holder of Securities
covered by any Shelf Registration Statement, without charge, as many copies of the Prospectus (including the preliminary Prospectus) included in such Shelf Registration Statement and any amendment or supplement thereto as such Holder may reasonably
request. Subject to the provisions of this Section 4, the Company and the Guarantor consent to the use of the Prospectus or any amendment or supplement thereto by each of the selling Holders of Securities in connection with the offering and
sale of the Securities covered by the Prospectus, or any amendment or supplement thereto, included in the Shelf Registration Statement (in each case, if such Holder is properly named in such Prospectus, as amended and supplemented), except during
any suspension period referred to in Section 4(c) above or Section 4(k) below. 
 (g) The Company and the Guarantor
shall furnish to each Exchanging Dealer which so requests, without charge, at least one copy of the Exchange Offer Registration Statement and any post-effective amendment thereto. 

(h) The Company and the Guarantor shall promptly deliver to each Initial Purchaser, each Exchanging Dealer and each other person required
to deliver a Prospectus during the Exchange Offer Registration Period, without charge, as many copies of the Prospectus included in such Exchange Offer Registration Statement and any amendment or supplement thereto as any such person may reasonably
request. Subject to the provisions of this Section 4, 

  
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the Company and the Guarantor consent to the use of the Prospectus or any amendment or supplement thereto by any Initial Purchaser, any Exchanging Dealer and any such other person that may be
required to deliver a Prospectus following the Registered Exchange Offer in connection with the offering and sale of the Exchange Securities covered by the Prospectus, or any amendment or supplement thereto, included in the Exchange Offer
Registration Statement (in each case, if such Initial Purchaser, Exchanging Dealer or other person is properly named in such Prospectus, as amended and supplemented), except during any suspension period referred to in Section 4(c) above or
Section 4(k) below. 
 (i) Prior to the Registered Exchange Offer or any other offering of Securities pursuant to any
Registration Statement, the Company and the Guarantor shall arrange, if necessary, for the qualification of the Securities or the Exchange Securities for sale under the laws of such jurisdictions as any Holder shall reasonably request and shall
maintain such qualification in effect so long as required; provided that in no event shall the Company or the Guarantor be obligated to qualify to do business in any jurisdiction where it is not then so qualified or to take any action that would
subject it to service of process in suits, other than those arising out of the Initial Placement, the Registered Exchange Offer or any offering pursuant to a Shelf Registration Statement, in any such jurisdiction where it is not then so subject, or
to subject itself to taxation in any jurisdiction where it is not now subject. 
 (j) The Company and the Guarantor shall
cooperate with the Holders of Securities to facilitate the timely preparation and delivery of certificates representing Exchange Securities or Securities to be issued or sold pursuant to any Registration Statement free of any restrictive legends and
in such denominations and registered in such names as Holders may request. 
 (k) (i) Upon the occurrence of any event
contemplated by subsections (c)(ii) through (v) above or subsection (k)(ii) below, the Company and the Guarantor shall promptly (or within the time period provided for by clause (ii) hereof, if applicable) prepare and file a post-effective
amendment to the applicable Registration Statement or an amendment or supplement to the related Prospectus or file any other required document so that, as thereafter delivered to the Initial Purchasers of the securities included therein, the
Prospectus will not include an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not
misleading. In such circumstances, the Exchange Offer Registration Period and the Shelf Registration Period shall be extended by the number of days from and including the date of the giving of a notice of suspension pursuant to Section 4(c) or
Section 4(k)(ii), as applicable, to and including the date when the Initial Purchasers, the Holders of the Securities covered by any Shelf Registration Statement and any Known Exchanging Dealer shall have received such amended or supplemented
Prospectus pursuant to this Section or shall have been advised in writing by the Company and the Guarantor that the Prospectus may be used. 
 (ii) Upon the occurrence of any event contemplated by subsections (c)(ii) through (v) above, or the occurrence or existence of any pending corporate development or any other material event that, in
the reasonable judgment of the Guarantor, makes it appropriate to suspend the availability of a Registration Statement and the related Prospectus, the Guarantor shall give notice (without notice of the nature or details of such events) to the
Holders of the Securities 

  
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covered by any Shelf Registration Statement, the Initial Purchasers and any Known Exchanging Dealer, as applicable, that the Registration Statement is suspended and, upon actual receipt of any
such notice, each such Holder, Initial Purchaser and Exchanging Dealer, as applicable, agrees not to sell any Registrable Securities pursuant to the Registration Statement until such Holder, Initial Purchaser or Exchanging Dealer, as applicable,
shall have received such amended or supplemented Prospectus pursuant to this Section or have been advised in writing by the Guarantor that the Prospectus may be used. The period during which the availability of the Shelf Registration and any
Prospectus is suspended (the “Deferral Period”) shall not exceed 45 days in any three-month period or 90 days in any twelve-month period. 
 (l) The Company and the Guarantor shall comply in all material respects with all applicable rules and regulations of the Commission and shall make generally available to its their respective security
holders an earnings statement satisfying the provisions of Section 11(a) of the Act as soon as practicable after the effective date of the applicable Registration Statement. 

(m) The Company and the Guarantor may require each Holder of Registrable Securities to be sold pursuant to any Registration Statement to
furnish to the Company and the Guarantor such information regarding the Holder and the distribution of such securities as the Company and the Guarantor may from time to time reasonably require for inclusion in such Registration Statement, including
such information requested or required by the Commission. The Company and the Guarantor may exclude from such Registration Statement the Registrable Securities of any Holder that fails to furnish such information within a reasonable time after such
request. Each Holder as to which Registrable Securities are being included in a Registration Statement agrees to furnish to the Company all information with respect to such Holder necessary to make any information previously furnished to the Company
by such Holder pursuant to this Section 4(m) or otherwise not materially misleading. 
 (n) In the case of any Shelf
Registration Statement, the Company and the Guarantor shall enter into reasonable and customary agreements (including, if requested, an underwriting agreement in reasonable and customary form) and take all other reasonably appropriate actions in
order to expedite or facilitate the registration or the disposition of the Securities, and in connection therewith, if an underwriting agreement is entered into, cause the same to contain indemnification provisions and procedures no less favorable
than those set forth in Section 6 hereof. 
 (o) In the case of any Shelf Registration Statement, the Company and the
Guarantor shall, if requested: 
 (i) subject to the execution of confidentiality agreements reasonably satisfactory to the
Guarantor, upon reasonable prior written notice and during regular business hours, make reasonably available for inspection by the Holders of Securities to be registered thereunder, any Underwriter participating in any disposition pursuant to such
Registration Statement, and any attorney, accountant or other agent retained by the Holders or any such Underwriter, at the Guarantor’s principal place of business, all relevant financial and other records and pertinent corporate documents of
the Guarantor and its subsidiaries reasonably requested by the Holders or any such Underwriter, attorney, accountant or agent in connection with any such Registration Statement as is customary for similar due diligence examinations;

  
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provided, however, that with respect to any attorney engaged by the Holders or any Underwriter, the foregoing inspection and information gathering shall be coordinated by one
counsel designated by the Holders and one counsel designated by the Underwriter or Underwriters; 
 (ii) subject to the
execution of confidentiality agreements reasonably satisfactory to the Guarantor, upon reasonable prior written notice and during regular business hours, cause the Guarantor’s officers, employees, accountants and auditors to supply, at the
Guarantor’s principal place of business, all relevant information reasonably requested by the Holders or any such Underwriter, attorney, accountant or agent in connection with any such Registration Statement as is customary for similar due
diligence examinations; provided, however, that with respect to any attorney engaged by the Holders or any Underwriter, the foregoing inspection and information gathering shall be coordinated by one counsel designated by the Holders
and one counsel designated by the Underwriter or Underwriters; 
 (iii) in connection with an underwritten offering pursuant to
such Shelf Registration Statement, make such representations and warranties to the Underwriters, in form, substance and scope as are reasonably and customarily made by issuers to underwriters in primary underwritten offerings and covering matters
including, but not limited to, those set forth in the Purchase Agreement; 
 (iv) in connection with an underwritten offering
pursuant to such Shelf Registration Statement, use reasonable best efforts to obtain opinions of counsel to the Company and the Guarantor and updates thereof (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory
to the Managing Underwriters, if any) addressed to the Underwriters, covering such matters concerning the Company and the Guarantor as are customarily covered in opinions requested in underwritten offerings and such other matters as may be
reasonably requested by such Underwriters; 
 (v) in connection with an underwritten public offering pursuant to such Shelf
Registration Statement, use reasonable best efforts to obtain “comfort” letters and updates thereof from the independent certified public accountants of the Guarantor (and, if necessary, any other independent certified public accountants
of any subsidiary of the Guarantor or of any business acquired by the Guarantor for which financial statements and financial data are, or are required to be, included in the Registration Statement), addressed to the Underwriters, in customary form
reasonably acceptable to such independent certified public accountants and covering matters of the type customarily covered in “comfort” letters in connection with primary underwritten offerings; and 

(vi) deliver such documents and certificates as may be reasonably requested by the Managing Underwriters, including those to evidence
compliance with Section 4(k) and with any customary conditions contained in the underwriting agreement or any other customary agreement entered into by the Company in connection therewith. 

The actions set forth in clauses (iii), (iv), (v) and (vi) of this paragraph (o) shall be performed at each closing under any underwriting
or similar customary agreement as and to the extent required thereunder. 

  
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 (p) In the case of any Exchange Offer Registration Statement, the Company and the Guarantor
shall, if requested by an Initial Purchaser, or by a Broker-Dealer that holds Securities that were acquired as a result of market making or other trading activities: 
 (i) subject to the execution of confidentiality agreements reasonably satisfactory to the Guarantor, upon reasonable prior written notice and during regular business hours, make reasonably available for
inspection by the requesting party, and any attorney, accountant or other agent retained by the requesting party, at the Guarantor’s principal place of business, all relevant financial and other records, pertinent corporate documents and
properties of the Guarantor and its subsidiaries reasonably requested by the requesting party or any such attorney, accountant or agent in connection with any such Registration Statement as is customary for similar due diligence examinations; and

 (ii) subject to the execution of confidentiality agreements reasonably satisfactory to the Guarantor, upon reasonable prior
written notice and during regular business hours, cause the Guarantor’s officers, employees, accountants and auditors to supply, at the Guarantor’s principal place of business, all relevant information reasonably requested by the
requesting party, and any attorney, accountant or other agent retained by the requesting party in connection with any such Registration Statement as is customary for similar due diligence examinations. 

(q) If a Registered Exchange Offer is to be consummated, upon delivery of the Securities by Holders to the Company (or to such other
person as directed by the Company) in exchange for the Exchange Securities, the Company and the Guarantor shall mark, or caused to be marked, on the Securities so exchanged that such Securities are being cancelled in exchange for the Exchange
Securities. In no event shall the Securities be marked as paid or otherwise satisfied. 
 (r) In the event that any
Broker-Dealer shall underwrite any Securities or participate as a member of an underwriting syndicate or selling group or “assist in the distribution” (within the meaning of the FINRA Rules) thereof, whether as a Holder of such Securities
or as an Underwriter, a placement or sales agent or a broker or dealer in respect thereof, or otherwise, the Company and the Guarantor shall provide reasonable assistance to such Broker-Dealer in making filings in accordance with the FINRA Rules.

 (s) The Company and the Guarantor shall use their respective reasonable best efforts to take all other steps necessary to
effect the registration of the Securities or the Exchange Securities, as the case may be, covered by a Registration Statement. 

5. Registration Expenses. The Company and the Guarantor, jointly and severally, shall bear all expenses incurred in connection
with the performance of their obligations under Sections 2, 3 and 4 hereof and, in the event of any Shelf Registration Statement, will reimburse the Holders for the reasonable fees and disbursements of one firm of counsel (which shall initially be
Shearman & Sterling LLP, but which may be another nationally recognized law firm experienced in securities matters designated by the Majority Holders) in connection with the preparation, filing and effectiveness of such Shelf Registration
Statement. Notwithstanding the foregoing, the Holders of the Securities or Exchange Securities being registered shall pay all 

  
 13 

 
agency fees and commissions and underwriting discounts, commissions and costs attributable to the sale of such Registrable Securities and the fees and disbursements of any counsel or other
advisors or experts retained by or on behalf of such Holders (severally or jointly), other than the counsel specifically referred to above. 
 6. Indemnification and Contribution. (a) The Company and the Guarantor, jointly and severally, agree to indemnify and hold harmless each Holder of Securities or Exchange Securities, as the
case may be, covered by any Registration Statement, each Initial Purchaser and, with respect to any Prospectus delivery as contemplated in Section 4(h) hereof, each Exchanging Dealer, the directors, officers, employees, Affiliates and agents of
each such Holder, Initial Purchaser or Exchanging Dealer and each person who controls any such Holder, Initial Purchaser or Exchanging Dealer within the meaning of either Section 15 of the Act or Section 20 of the Exchange Act against any
and all losses, claims, damages or liabilities, joint or several, to which they or any of them may become subject under the Act, the Exchange Act or other federal or state statutory law or regulation, at common law or otherwise, insofar as such
losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement as originally filed or in any amendment
thereof, or in any preliminary Prospectus or the Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state in the Registration Statement a material fact required to be
stated therein or necessary to make the statements therein not misleading, or arise out of or are based upon the omission or alleged omission to state in any preliminary Prospectus or the Prospectus a material fact necessary to make the statements
therein not misleading, in the light of the circumstances under which they were made, and agrees to reimburse each such indemnified party, as incurred, for any legal or other expenses reasonably incurred by it in connection with investigating or
defending any such loss, claim, damage, liability or action; provided, however, that the Company and the Guarantor will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is
based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Company or the Guarantor by or on behalf of the party claiming
indemnification specifically for inclusion therein. This indemnity agreement shall be in addition to any liability that the Company and the Guarantor may otherwise have. 
 The Company and the Guarantor also, jointly and severally, agree to indemnify as provided in this Section 6(a) or contribute as provided in Section 6(d) hereof to Losses of each Underwriter, if
any, of Securities or Exchange Securities, as the case may be, registered under a Shelf Registration Statement, their directors, officers, employees, Affiliates and agents and each person who controls such Underwriter on substantially the same basis
as that of the indemnification of the Initial Purchasers and the selling Holders provided in this Section 6(a) and shall, if requested by any Holder, enter into an underwriting agreement reflecting such agreement, as provided in
Section 4(n) hereof. 
 (b) Each Holder of securities covered by a Registration Statement (including each Initial Purchaser
as a Holder, in such capacity) severally and not jointly agrees to indemnify and hold harmless the Company and the Guarantor, each of their respective directors, officers, employees, Affiliates and agents and each person who controls the Company or
the Guarantor 

  
 14 

 
within the meaning of either the Act or the Exchange Act, to the same extent as the foregoing indemnity from the Company and the Guarantor to each such Holder, but only with reference to written
information relating to such Holder furnished to the Company or the Guarantor by or on behalf of such Holder specifically for inclusion in the documents referred to in the foregoing indemnity. This indemnity agreement will be in addition to any
liability that any such Holder may otherwise have. 
 (c) Promptly after receipt by an indemnified party under this
Section 6 or notice of the commencement of any action, such indemnified party will, if a claim in respect thereof is to be made against the indemnifying party under this Section, notify the indemnifying party in writing of the commencement
thereof; but the failure so to notify the indemnifying party (i) will not relieve it from liability under paragraph (a) or (b) above unless and to the extent such failure results in the forfeiture by the indemnifying party of
substantial rights and defenses; and (ii) will not, in any event, relieve the indemnifying party from any obligations to any indemnified party other than the indemnification obligation provided in paragraph (a) or (b) above. The
indemnifying party shall be entitled to appoint counsel (including local counsel) of the indemnifying party’s choice at the indemnifying party’s expense to represent the indemnified party in any action for which indemnification is sought
(in which case the indemnifying party shall not thereafter be responsible for the fees and expenses of any separate counsel, other than local counsel if not appointed by the indemnifying party, retained by the indemnified party or parties except as
set forth below); provided, however, that such counsel shall be reasonably satisfactory to the indemnified party. Notwithstanding the indemnifying party’s election to appoint counsel (including local counsel) to represent the
indemnified party in an action, the indemnified party shall have the right to employ separate counsel (including local counsel), and the indemnifying party shall bear the reasonable fees, costs and expenses of such separate counsel if (i) the
use of counsel chosen by the indemnifying party to represent the indemnified party would present such counsel with a conflict of interest; (ii) the actual or potential defendants in, or targets of, any such action include both the indemnified
party and the indemnifying party and the indemnified party shall have reasonably concluded that there may be legal defenses available to it and/or other indemnified parties that are different from or additional to those available to the indemnifying
party; (iii) the indemnifying party shall not have employed counsel reasonably satisfactory to the indemnified party to represent the indemnified party within a reasonable time after notice of the institution of such action; or (iv) the
indemnifying party shall authorize the indemnified party to employ separate counsel at the expense of the indemnifying party; provided that, in each case, not more than one such separate counsel shall be employed for all indemnified parties. An
indemnifying party will not, without the prior written consent of the indemnified parties (such consent not to be unreasonably withheld, conditioned or delayed), settle any pending or threatened claim, action, suit or proceeding in respect of which
indemnification or contribution may be sought hereunder (whether or not the indemnified parties are actual or potential parties to such claim or action) unless such settlement (i) includes an unconditional release of each indemnified party from
all liability arising out of such claim, action, suit or proceeding, and (ii) does not include any statement as to or an admission of fault, culpability or a failure to act, by or on behalf of any indemnified party. In addition, no indemnified
party shall, without the written consent of the indemnifying party (such consent not to be unreasonably withheld, conditioned or delayed), effect the settlement of any pending or threatened action or claim in respect of which indemnification or
contribution may be sought hereunder. 

  
 15 

 (d) In the event that the indemnity provided in paragraph (a) or (b) of this
Section is unavailable to or insufficient to hold harmless an indemnified party for any reason, then each applicable indemnifying party shall have a joint and several obligation to contribute to the aggregate losses, claims, damages and liabilities
(including legal or other expenses reasonably incurred in connection with investigating or defending any loss, claim, liability, damage or action) (collectively “Losses”) to which such indemnified party may be subject in such proportion as
is appropriate to reflect the relative benefits received by the Company and the Guarantor, on the one hand, and by the Holders, on the other hand, from the Initial Placement and the Registration Statement which resulted in such Losses. If the
allocation provided by the immediately preceding sentence is unavailable for any reason, the indemnifying party and the indemnified party shall contribute in such proportion as is appropriate to reflect not only such relative benefits but also the
relative fault of the Company and the Guarantor, on the one hand, and the Holders, on the other hand, in connection with the statements or omissions which resulted in such Losses as well as any other relevant equitable considerations. For purposes
of this provision, benefits received by the Company and the Guarantor shall be deemed to be equal to the total net proceeds from the Initial Placement (before deducting expenses) as set forth in the Final Memorandum. Benefits received by the Holders
shall be deemed to be equal to the value of receiving Securities or Exchange Securities, as applicable, registered under the Act. Relative fault shall be determined by reference to, among other things, whether any untrue or any alleged untrue
statement of a material fact or omission or alleged omission to state a material fact relates to information provided by the Company and the Guarantor, on the one hand, or by the Holders, on the other hand, the intent of the parties and their
relative knowledge, access to information and opportunity to correct or prevent such untrue statement or omission. The parties agree that it would not be just and equitable if contribution were determined by pro rata allocation (even if the Holders
were treated as one entity for such purpose) or any other method of allocation which does not take account of the equitable considerations referred to above. Notwithstanding the provisions of this paragraph (d), no person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. For purposes of this Section, each person who controls a Holder within
the meaning of either the Act or the Exchange Act and each director, officer, employee and agent of such Holder shall have the same rights to contribution as such Holder, and each person who controls the Company or the Guarantor within the meaning
of either the Act or the Exchange Act, each director, officer, employee, Affiliate and agent of either the Company or the Guarantor shall have the same rights to contribution as the Company or the Guarantor, subject in each case to the applicable
terms and conditions of this paragraph (d). The Holders’ obligations to contribute pursuant to this Section 6 are several and not joint. 
 (e) The provisions of this Section will remain in full force and effect, regardless of any termination of this Agreement, any investigation made by or on behalf of any Holder or the Company or the
Guarantor or any of the indemnified parties referred to in this Section 6, and will survive the sale by a Holder of securities covered by a Registration Statement. 
 7. Underwritten Registrations. (a) If any of the Securities or Exchange Securities, as the case may be, covered by any Shelf Registration Statement are to be sold in an underwritten offering,
the Managing Underwriters shall be selected by the Majority Holders, such selection to be subject to the Company’s prior written approval, not to be unreasonably withheld, conditioned or delayed. 

  
 16 

 (b) No person may participate in any underwritten offering pursuant to any Shelf
Registration Statement, unless such person (i) agrees to sell such person’s Securities or Exchange Securities, as the case may be, on the basis reasonably provided in any underwriting arrangements approved by the persons entitled hereunder
to approve such arrangements; and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents reasonably required under the terms of such underwriting arrangements. 

8. Registration Defaults and Additional Interest. If (a) on or prior to the Exchange Date, the Registered Exchange Offer has
not been consummated, (b) on or prior to the 75th day after the filing of a Shelf Registration Statement, such Shelf Registration Statement has not been declared effective, or (c) after the Shelf Registration Statement or the Exchange
Offer Registration Statement has been declared effective, such Registration Statement thereafter ceases to be effective or usable in connection with resales or exchanges of Securities or Exchange Securities in accordance with and during the periods
specified in this Agreement (other than as permitted pursuant to Section 4(c) or Section 4(k)(ii))(each such event referred to in clauses (a) through (c), (a “Registration Default”), interest (“Additional
Interest”) will accrue, and be paid as liquidated damages, on the principal amount of the Registrable Securities (in addition to the stated interest on such Registrable Securities) from and including the date on which any such Registration
Default shall occur to but excluding the date that is the earlier of (i) the date on which all Registration Defaults have been cured or (ii) the date such Securities cease to be Registrable Securities. Additional Interest will accrue at a
rate of 0.25% per annum during the 90-day period immediately following the occurrence of such Registration Default and shall increase by 0.25% per annum with respect to each subsequent 90-day period, but in no event shall such rate exceed
1.00% per annum. If, after the cure of all Registration Defaults then in effect, there is a subsequent Registration Default, the rate of Additional Interest for such subsequent Registration Default shall initially be 0.25% regardless of the
rate in effect with respect to any prior Registration Default at the time of cure of such Registration Default. 
 All
obligations of the Company and the Guarantor set forth in the preceding paragraph that are outstanding with respect to any Security at the time such Security is exchanged for an Exchange Security shall survive until such time as all such obligations
with respect to such Security have been satisfied in full. 
 9. No Inconsistent Agreements. The Company and the
Guarantor have not entered into, and agree not to enter into, any agreement with respect to its securities that is inconsistent with the rights granted to the Holders herein or that otherwise conflicts with the provisions hereof. 

10. Amendments and Waivers. The provisions of this Agreement may not be amended, qualified, modified or supplemented, and waivers
or consents to departures from the provisions hereof may not be given at any time, unless the Company and the Guarantor have obtained the written consent of the Holders of a majority of the aggregate principal amount of the Registrable Securities
then outstanding; provided that, with respect to any matter that directly or indirectly affects the rights of any Initial Purchaser hereunder, the Company and the Guarantor shall obtain the written consent of each such Initial Purchaser against
which such amendment, qualification, supplement, waiver or consent is to be effective; provided, further, that no 

  
 17 

 
amendment, qualification, supplement, waiver or consent with respect to Section 8 hereof shall be effective as against any Holder of Registrable Securities unless consented to in writing by
such Holder; and provided, further, that the provisions of this Section 10 may not be amended, qualified, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given, unless the
Company and the Guarantor have obtained the written consent of each Holder. Notwithstanding the foregoing (except the foregoing provisos), a waiver or consent to departure from the provisions hereof with respect to a matter that relates exclusively
to the rights of Holders whose Securities or Exchange Securities, as the case may be, are being sold pursuant to a Registration Statement and that does not directly or indirectly affect the rights of other Holders in any material respect may be
given by the Majority Holders, determined on the basis of Securities or Exchange Securities, as the case may be, being sold rather than registered under such Registration Statement. 

11. Notices. All notices and other communications provided for or permitted hereunder shall be made in writing by hand-delivery,
first-class mail, telex, telecopier or air courier guaranteeing overnight delivery: 
 (a) if to a Holder, at the most current
address given by such holder to the Company in accordance with the provisions of this Section 11, which address initially is, with respect to each Holder, the address of such Holder maintained by the registrar under the Indenture; 

(b) if to the Initial Purchasers, initially at the address or addresses set forth in the Purchase Agreement; and 

(c) if to the Company or the Guarantor, initially at its address set forth in the Purchase Agreement. 

All such notices and communications shall be deemed to have been duly given when received. 

The Initial Purchasers, the Company and the Guarantor by notice to the other parties may designate additional or different addresses for
subsequent notices or communications. 
 12. Remedies. Each Holder, in addition to being entitled to exercise all rights
provided to it herein, in the Indenture or in the Purchase Agreement (if an Initial Purchaser) or granted by law, including recovery of liquidated or other damages, will be entitled to specific performance of its rights under this Agreement. The
Company and the Guarantor agree that monetary damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Agreement and hereby agrees to waive in any action for specific performance the
defense that a remedy at law would be adequate. 
 13. Successors. This Agreement shall inure to the benefit of and be
binding upon the parties hereto, their respective successors and assigns, including, without the need for an express assignment or any consent by the Company or the Guarantor thereto, subsequent Holders of Securities and the Exchange Securities, and
the indemnified persons referred to in Section 6 hereof. The Company and the Guarantor hereby agree to extend the benefits of this Agreement to any Holder of Securities and the Exchange Securities, and any such Holder may specifically enforce
the provisions of this Agreement as if an original party hereto. 

  
 18 

 14. Counterparts. This Agreement may be signed in one or more counterparts, each of
which shall constitute an original and all of which together shall constitute one and the same agreement. 
 15.
Headings. The section headings used herein are for convenience only and shall not affect the construction hereof. 
 16.
Applicable Law. This Agreement and any claim, controversy or dispute arising under or related to this Agreement, shall be governed by and construed in accordance with the laws of the State of New York applicable to contracts made and to be
performed in the State of New York. The parties hereto each hereby waive any right to trial by jury in any action, proceeding or counterclaim arising out of or relating to this Agreement. 

17. Submission to Jurisdiction. Each of the Company and the Guarantor hereby irrevocably submits to the exclusive jurisdiction of
any U.S. Federal or New York State court in the Borough of Manhattan in the City, County and State of New York, United States of America, in any legal suit, action or proceeding based on or arising under this Agreement and agrees that all claims in
respect of such suit or proceeding may be determined in any such court. Each of the Company and the Guarantor irrevocably waive the defense of an inconvenient forum or objections to personal jurisdiction with respect to the maintenance of such legal
suit, action or proceeding. To the extent permitted by law, each of the Company and the Guarantor hereby waive any objections to the enforcement by any competent court in Luxembourg of any judgment validly obtained in any such court in New York on
the basis of any such legal suit, action or proceeding. Each of the Company and the Guarantor have appointed C T Corporation System, at 111 Eighth Avenue, New York 10011, United States of America (the “Process Agent”) as its Process Agent
upon whom process may be served in any such legal suit, action or proceeding. Such appointment shall be irrevocable. The Process Agent has agreed to act as said agent for service of process and the Company and the Guarantor agree to take any and all
action, including the filing of any and all documents and instruments that may be necessary to continue such appointment in full force and effect as aforesaid. Each of the Company and the Guarantor further agrees that service of process upon the
Process Agent and written notice of said service to the Company and the Guarantor shall be deemed in every respect effective service of process upon the Company and the Guarantor in any such legal suit, action or proceeding. Nothing herein shall
affect the right of any Initial Purchaser or any person controlling any Initial Purchaser to serve process in any other manner permitted by law. Notwithstanding the foregoing, any legal suit, action or proceeding based on or arising under this
Agreement may be instituted by any Initial Purchaser, the directors, officers, employees, Affiliates and agents of any Initial Purchaser, or by any person who controls any Initial Purchaser, in any court in which competent jurisdiction can be
established over the Company or the Guarantor, and each of the Company and the Guarantor hereby agrees that all claims in respect of such suit or proceeding may be determined in any such court. The provisions of this Section 17 are intended to
be effective upon the execution of this Agreement without any further action by the Company or the Guarantor and the introduction of a true copy of this Agreement into evidence shall be conclusive and final evidence as to such matters. 

  
 19 

 18. Severability. In the event that any one or more of the provisions contained
herein, or the application thereof in any circumstances, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions
hereof shall not be in any way impaired or affected thereby, it being intended that all of the rights and privileges of the parties shall be enforceable to the fullest extent permitted by applicable law. 

19. Securities Held by the Company, etc.Whenever the consent or approval of Holders of a specified percentage of principal amount
of Securities or Exchange Securities is required hereunder, Securities or Exchange Securities, as applicable, held by the Company, the Guarantor or any of their respective Affiliates (other than subsequent Holders of Securities or Exchange
Securities if such subsequent Holders are deemed to be Affiliates solely by reason of their holdings of such Securities or Exchange Securities) shall not be counted in determining whether such consent or approval was given by the Holders of such
required percentage. 
 [Signature Page Follows] 

  
 20 

 If the foregoing is in accordance with your understanding of our agreement, please sign and
return to us the enclosed duplicate hereof, whereupon this letter and your acceptance shall represent a binding agreement between the Company, the Guarantor and the several Initial Purchasers. 

 

					
	 Very truly yours,
  

NII INTERNATIONAL TELECOM S.C.A.
  

represented by its manager
  
 NII INTERNATIONAL HOLDINGS S.à r.l.
  
 itself represented by Shana C. Smith, duly authorized Class B Manager

		
	By:	 	/s/ Shana C. Smith
		 	Name:	 	Shana C. Smith
		 	Title:	 	Class B Manager
	
	NII HOLDINGS, INC.
		
	By:	 	/s/ Shana C. Smith
		 	Name:	 	Shana C. Smith
		 	Title:	 	Vice President, Corporate Counsel and Assistant Secretary

  
 Reg Rights
Agreement Signature Page 

 The foregoing Agreement is hereby confirmed and accepted as of the date first above written. 

 

			
	J.P. MORGAN SECURITIES LLC
		
	By:	 	/s/ Jacob Steinberg
		 	Name: Jacob Steinberg
		 	Title: Executive Director

  
 Reg Rights
Agreement Signature Page 

 SCHEDULE I 
 Initial Purchasers 
 J.P. Morgan Securities LLC 

Credit Suisse Securities (USA) LLC 
 Goldman,
Sachs & Co. 
 Morgan Stanley & Co. LLC 
 Citigroup Global Markets Inc. 
 HSBC Securities (USA) Inc. 

Santander Investment Securities Inc. 

  
 I-1

 ANNEX A 
 Each broker-dealer that receives exchange securities for its own account pursuant to the exchange offer must acknowledge that it will deliver a prospectus in connection with any resale of such exchange
securities. The Letter of Transmittal states that by so acknowledging and by delivering a prospectus, a broker-dealer will not be deemed to admit that it is an “underwriter” within the meaning of the Act. This prospectus, as it may be
amended or supplemented from time to time, may be used by a broker-dealer in connection with resales of exchange securities received in exchange for securities where such securities were acquired by such broker-dealer as a result of market-making
activities or other trading activities. NII International Telecom S.C.A. has agreed that, starting on the expiration date and ending on the close of business one year after the expiration date, it will make this prospectus available to any
broker-dealer for use in connection with any such resale. See “Plan of Distribution.” 

  
 A-1

 ANNEX B 
 Each broker-dealer that receives exchange securities for its own account in exchange for securities, where such securities were acquired by such broker-dealer as a result of market-making activities or
other trading activities, must acknowledge that it will deliver a prospectus in connection with any resale of such exchange securities. See “Plan of Distribution.” 

  
 B-1

 ANNEX C 
 PLAN OF DISTRIBUTION 
 Each broker-dealer that receives exchange securities
for its own account pursuant to the exchange offer must acknowledge that it will deliver a prospectus in connection with any resale of such exchange securities. This prospectus, as it may be amended or supplemented from time to time, may be used by
a broker-dealer in connection with resales of exchange securities received in exchange for securities where such securities were acquired as a result of market-making activities or other trading activities. NII International Telecom S.C.A. has
agreed that, beginning on the date of consummation of the exchange offer and ending on the close of business 180 days after the consummation of the exchange offer, it will make this prospectus, as amended or supplemented, available to any
broker-dealer for use in connection with any such resale. In addition, until             ,             , all dealers effecting
transactions in the exchange securities may be required to deliver a prospectus. 
 The company will not receive any proceeds
from any sale of exchange securities by brokers-dealers. Exchange securities received by broker-dealers for their own account pursuant to the exchange offer may be sold from time to time in one or more transactions in the over-the-counter market, in
negotiated transactions, through the writing of options on the exchange securities or a combination of such methods of resale, at market prices prevailing at the time of resale, at prices related to such prevailing market prices or negotiated
prices. Any such resale may be made directly to purchasers or to or through brokers or dealers who may receive compensation in the form of commissions or concessions from any such broker-dealer and/or the purchasers of any such exchange securities.
Any broker-dealer that resells exchange securities that were received by it for its own account pursuant to the exchange offer and any broker or dealer that participates in a distribution of such exchange securities may be deemed to be an
“underwriter” within the meaning of the Act and any profit of any such resale of exchange securities and any commissions or concessions received by any such persons may be deemed to be underwriting compensation under the Act. The Letter of
Transmittal states that by acknowledging that it will deliver and by delivering a prospectus, a broker-dealer will not be deemed to admit that it is an “underwriter” within the meaning of the Act. 

For a period of one year after the consummation of the exchange offer, NII International Telecom S.C.A. will promptly send a reasonable
number of additional copies of this prospectus and any amendment or supplement to this prospectus to any broker-dealer that requests such documents in the Letter of Transmittal. NII International Telecom S.C.A. has agreed to pay all expenses
incident to the exchange offer (including the expenses of one counsel for the holder of the securities) other than commissions or concessions of any brokers or dealers and will indemnify the holders of the securities (including any broker-dealers)
against certain liabilities, including liabilities under the Act. 

  
 C-1

 ANNEX D 
 Rider A 
 PLEASE FILL IN YOUR NAME AND ADDRESS BELOW IF YOU ARE A BROKER-DEALER AND WISH TO
RECEIVE 10 ADDITIONAL COPIES OF THE PROSPECTUS AND 10 COPIES OF ANY AMENDMENTS OR SUPPLEMENTS THERETO. 
 Name: 

Address: 
 Rider B 

If the undersigned is not a Broker-Dealer, the undersigned represents that it acquired the Exchange Securities in the ordinary course of its business, it
is not engaged in, and does not intend to engage in, a distribution of Exchange Securities and it has no arrangements or understandings with any person to participate in a distribution of the Exchange Securities. If the undersigned is a
Broker-Dealer that will receive Exchange Securities for its own account in exchange for Securities, it represents that the Securities to be exchanged for Exchange Securities were acquired by it as a result of market-making activities or other
trading activities and acknowledges that it will deliver a prospectus in connection with any resale of such Exchange Securities; however, by so acknowledging and by delivering a prospectus, the undersigned will not be deemed to admit that it is an
“underwriter” within the meaning of the Act. 

  
 D-1EX-10.1

 Exhibit 10.1 
 ESCROW AND SECURITY AGREEMENT 
 between 

NII INTERNATIONAL TELECOM S.C.A. 
 AND 
 WILMINGTON TRUST, NATIONAL ASSOCIATION, 

as Trustee and Escrow Agent 
 Dated as of February 19, 2013 

 ESCROW AGREEMENT (as amended, restated, supplemented or otherwise modified from time
to time, this “Agreement”), dated as of February 19, 2013, by and between NII International Telecom S.C.A., a partnership limited by shares (société en commandite par actions) incorporated under Luxembourg
law, with registered office at 65, Boulevard Grande-Duchesse Charlotte, L-1331 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B 149.237 (the “Company”) and Wilmington Trust, National
Association, a national banking association, as trustee under the Indenture (as defined below) (in such capacity, the “Trustee”) and Wilmington Trust, National Association, a national banking association, as escrow agent under this
Agreement (in such capacity, the “Escrow Agent”). The Company and the Trustee are sometimes collectively referred to herein as the “Interested Parties”. 

WHEREAS, pursuant to the terms of a purchase agreement dated February 11, 2013 (the “Purchase Agreement”)
among the Company, the Guarantor (as defined in the Purchase Agreement) party thereto and J.P. Morgan Securities LLC, as representative (the “Representative”) of the several initial purchasers listed on Schedule I thereto (the
“Initial Purchasers”), the Company agreed to issue and sell to the Initial Purchasers $750,000,000 aggregate principal amount of 11.375% Senior Notes due 2019 (the “Notes”), which shall be issued pursuant to an
indenture dated as of February 19, 2013 (as the same may be modified, supplemented or amended, the “Indenture”) among the Company, the Guarantor and Wilmington Trust, National Association, as Trustee; 

WHEREAS, on the date hereof (the “Closing Date”), pursuant to the Purchase Agreement, the Company is required to
cause the gross proceeds of the Notes in an amount equal to $750,000,000 (the “Gross Offering Proceeds”) to be funded directly into the Escrow Account (as defined herein) and the Company is required, pursuant to this Agreement, to
deposit or direct the deposit also on the Closing Date, of an amount equal to interest on the Notes from the date hereof to (but excluding) March 22, 2013 into the Escrow Account (the “Interest Deposit”) for a total initial
deposit of $757,820,312.50 (the “Escrow Deposit”), which amount shall be held by the Escrow Agent for the benefit of the Trustee and the ratable benefit of the Holders until released in accordance with the terms hereof; 

WHEREAS, the Company wishes to appoint Wilmington Trust, National Association as Escrow Agent and Wilmington Trust, National
Association is willing to accept such appointment and to act as Escrow Agent, in each case upon the terms and conditions of this Agreement. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which is hereby irrevocably acknowledged, the parties hereto agree as follows: 

1. Appointment of the Escrow Agent. 
 The Company and the Trustee hereby appoint and designate the Escrow Agent to hold and disburse the Escrow Property (as defined below) on behalf of the Interested Parties and to act as escrow agent in
accordance with the terms and conditions set forth herein, and the Escrow Agent hereby accepts such appointment and designation. 

  
 1 

 2. Establishment of Escrow Account. 

(a) On the Closing Date, the Representative shall deposit the Gross Offering Proceeds, and the Company shall deposit the Interest
Deposit, in each case with the Escrow Agent in immediately available funds, to fund the Escrow Deposit (which will collectively be referred to herein as the “Escrow Property”), and the Escrow Agent shall hold the Escrow Deposit in a
non-interest bearing account established with the Escrow Agent (the “Escrow Account”). The Escrow Agent shall provide an acknowledgement to the Company and the Trustee upon receipt of the Escrow Deposit. 

(b) As security for the due and punctual payment when due of all amounts that may be payable from time to time under the Indenture and
the Notes, now or hereafter arising (the “Secured Obligations”), the Company hereby pledges, assigns and grants to the Trustee, for the benefit of the Trustee and the holders of the Notes, a continuing security interest in, and a
first priority lien on, its interests in this Agreement, the Escrow Account (Bank: Wilmington Trust, National Association, ABA#:             , Account
Name:             , A/C#:             ), all Escrow Property and all certificates and instruments, if any, from time to time
representing or evidencing the Escrow Account or the Escrow Property. The Company represents and covenants that the security interest of the Trustee in the Escrow Account shall at all times be valid, perfected and enforceable as a first priority
security interest of the Trustee against the Company in accordance with the terms of this Agreement until such time as the Escrow Property is released from the Escrow Account pursuant to Section 3 hereof. 

(c) Upon the release of any Escrow Property pursuant to Section 3 hereof, the security interest with respect to such Escrow Property
granted by the Company hereby to the Trustee for the benefit of the Trustee and the holders of the Notes shall automatically terminate without any further action and such Escrow Property, when delivered by the Escrow Agent pursuant to Section 3
hereof, shall be delivered to the recipient free and clear of any and all liens, claims, encumbrances or right of set-off of the Trustee and the holders of the Notes, and the Escrow Agent agrees that the Escrow Property shall then be free and clear
of any and all existing or future liens, claims, encumbrances or right of set-off of the Escrow Agent. 
 (d) The Escrow Agent
hereby represents that it has not, and it hereby agrees that it will not, enter into any agreement or take any action which gives any person or any entity other than the Trustee control (within the meaning of Section 9-104 of the New York UCC)
over the Escrow Account. If at any time the Escrow Agent receives any instruction (within the meaning of Section 9-104(b) of the New York UCC) concerning the disposition of funds held in the Escrow Account from the Trustee, the Escrow
Agent shall comply with such instruction without further consent of the Company or any other Person. The Trustee hereby agrees that so long as no Event of Default (as defined in the Indenture) has occurred and is continuing and the Notes have not
been accelerated, it shall not give any instruction unless a Special Mandatory Redemption (as defined below) shall be required pursuant to the Indenture or as otherwise permitted pursuant to Section 3(c) hereof. The Escrow Agent agrees
that it shall honor instructions issued in accordance with Section 3 hereof in accordance with the terms hereof. 

  
 2 

 3. Claims and Payment; Release from Escrow. 

(a) The Escrow Agent shall only release the Escrow Property to the Company and to the Representative pursuant to this Section 3(a),
if at any time on or prior to 3:00 p.m. local time in the City of New York on March 18, 2013, the Escrow Agent receives a certificate from the Company in the form of Exhibit A (a “Release Certificate”), executed by an
Authorized Person (as defined below), certifying to the Escrow Agent that the conditions for the release of the Escrow Property (the “Escrow Release Conditions” as specified in Exhibit A hereto) are satisfied. The Escrow Agent
shall, on the date specified in such Release Certificate (provided the Release Certificate is received by the Escrow Agent no later than 2:00 p.m. local time in the City of New York on such day) (the “Release Date”), release
the Escrow Property to the Company and to the Representative as directed and in the manner set forth in the Release Certificate. If the Release Certificate is received by the Escrow Agent after 2:00 p.m. local time in the City of New York on
the Release Date, the Escrow Agent shall use commercially reasonable efforts to release the Escrow Property to the Company and to the Representative on such date, and will do so no later than the next Business Day. For purposes of this Agreement,
“Business Day” shall mean any day that the Escrow Agent is open for business. 
 (b) If at any time prior to
March 18, 2013, the Company determines, in its discretion, that the Escrow Release Conditions cannot be satisfied by such date, the Company shall, no later than 3:00 p.m. local time in the City of New York on March 18, 2013, deliver a
written notice in the form of Exhibit B hereto (a “Redemption Notice”) to the Escrow Agent and the Trustee executed by an Authorized Person setting forth (i) the date (the “Special Mandatory Redemption
Date”) on which a mandatory redemption pursuant to Section 3.11 of the Indenture (a “Special Mandatory Redemption”) will occur (which date shall meet the requirements of the Indenture) and (ii) an amount equal to
100% of the aggregate principal amount of the Notes plus accrued and unpaid interest thereon from the Closing Date of the offering of the Notes up to, but not including, the Special Mandatory Redemption Date (the “Special Mandatory
Redemption Price”), and the Escrow Agent shall on the Special Mandatory Redemption Date release the Escrow Property to the Trustee by 10:00 a.m. local time in The City of New York on such day by wire transfer or transfer between
accounts of immediately available funds to the account of the Trustee set forth in Section 14(b) (or such other account as the Trustee shall have specified by prior written notice to the Escrow Agent). In the event that the Escrow Property
is insufficient to satisfy the total Special Mandatory Redemption Price, the Company shall deposit any such deficiency with the Trustee. 
 (c) If the Escrow Agent shall not have received a duly executed Release Certificate in accordance with Section 3(a) or a Redemption Notice in accordance with Section 3(b), by 3:00 p.m. local
time in The City of New York on March 18, 2013, the Trustee will give notice of a Special Mandatory Redemption pursuant to Section 3.11 of the Indenture with March 22, 2013 as the Special Mandatory Redemption Date and the Escrow Agent
shall on the Special Mandatory Redemption Date release the Escrow Property to the Trustee by 10:00 a.m. local time in The City of New York on such day by wire transfer or transfer between accounts of immediately available funds to the account
of the Trustee set forth in Section 14(b) (or such other account as the Trustee shall have specified by prior written notice to the Escrow Agent). In the event that the Escrow Property is insufficient to satisfy the total Special Mandatory
Redemption Price, the Company shall deposit any such deficiency with the Trustee. 

  
 3 

 (d) If at any time prior to the release of the Escrow Property pursuant to this
Section 3, the Escrow Agent receives an instruction from the Trustee pursuant to Section 2(d) hereof, executed by the Trustee, the Escrow Agent shall release the Escrow Property, as directed and in the manner and amount set forth in
such instruction from the Trustee (provided that such release shall be no earlier than the next Business Day) pursuant to Section 2(d) hereof for payment to the holders of the Notes and as otherwise permitted by the Indenture; it being
understood and agreed by the Trustee that the Trustee shall not deliver any such instruction in reliance on this Section 3(d) unless an Event of Default has occurred and is continuing under the Indenture and the Notes have been
accelerated. The Escrow Agent shall notify the Company upon receipt of such instruction from the Trustee. 
 4. Investment
of Funds. 
 The Escrow Agent shall not invest the Escrow Property. 

5. Tax Matters. 
 (a) The Interested Parties agree that, unless otherwise specified in this Agreement, any investment income earned (or proceeds received), prior to the disbursement of the Escrow Property, during a
calendar year period from the investment of the Escrow Deposit, shall be treated as the income of the Company and shall be reported on an annual basis by the Escrow Agent on the appropriate form, as required pursuant to the Internal Revenue Code
(“Code”) and the regulations thereunder. 
 (b) If the Escrow Agent is required under the Code and regulations
to withhold tax on any investment income earned (or proceeds received) from the Escrow Deposit prior to the release of the Escrow Property, such withholdings will be taken from the Escrow Property and deposited with the Internal Revenue Service in
the manner prescribed. 
 (c) The Interested Parties agree that the Escrow Agent shall report the distribution of the Escrow
Property on Form 1099-B to the Interested Party (or other party (or parties)) to whom the Escrow Property is distributed, if so required under Code Section 6045 and the regulations thereunder. 

(d) The Interested Parties agree that this Agreement does not relieve the Interested Parties of their obligation to report any
payments subject to reporting under Code Section 6041 and the regulations thereunder. 
 (e) The Interested Parties shall
upon the execution of this Agreement provide the Escrow Agent with a duly completed and properly executed original IRS Form W-9 (or applicable Form W-8, in the case of a non-U.S. person) certifying such Interested Party’s U.S.
tax identification number if Form W-9 is provided, or status as a non-U.S. person beneficial owner of the Escrow Property if a Form W-8 is provided. In the event the payee is not an Interested Party or a party to this Agreement, the
applicable Interested Party shall provide, or cause to be provided to, the Escrow Agent with a duly completed and properly executed IRS Form W-9 (or applicable Form W-8, in the case of a non U.S. person) from such payee prior to payment
being made. The Interested Parties understand that, in the event valid U.S. tax forms or other relevant forms are not provided to the Escrow Agent, the tax law may require withholding of tax on disbursements and on a portion of any interest or other
income earned on the investment of the Escrow Property. 

  
 4 

 (f) Should the Escrow Agent become liable for the payment of taxes, including withholding
taxes relating to any funds, including interest and penalties thereon, held by it pursuant to this Agreement or any payment made hereunder (excluding any income tax liabilities of the Escrow Agent relating to fees received hereunder), the Company
agrees to reimburse the Escrow Agent for such taxes, interest and penalties upon demand. Without limiting the foregoing, the Escrow Agent shall be entitled to deduct such taxes, interest and penalties from the Escrow Property. 

(g) The Company acknowledges and agrees that none of the payments under this Agreement are for compensation for services performed by an
employee or independent contractor. 
 (h) This Section 5 may be amended by the Escrow Agent as necessary and upon notice
to the Interested Parties to conform to tax and regulatory requirements, provided that no such amendment shall affect any Interested Party without such party’s prior written consent. The Escrow Agent’s rights under this Section shall
survive the termination of this Agreement or the resignation or removal of the Escrow Agent. 
 6. Concerning the Escrow
Agent. 
 (a) Escrow Agent Duties. Each Interested Party acknowledges and agrees that (i) the duties,
responsibilities and obligations of the Escrow Agent shall be limited to those expressly set forth in this Agreement, each of which is administrative or ministerial (and shall not be construed to be fiduciary) in nature, and no duties,
responsibilities or obligations shall be inferred or implied, (ii) the Escrow Agent shall not be subject to or responsible for any of the other agreements referred to or described herein (including without limitation the Indenture, or for
determining or compelling compliance therewith), and shall not otherwise be bound thereby, (iii) this Agreement shall constitute the entire agreement of the parties with respect to the subject matter hereof and supersedes all prior oral or
written agreements in regard thereto, (iv) the Escrow Agent shall not be required to expend or risk any of its own funds or otherwise incur any financial or other liability for payments made pursuant to this Agreement or in the performance of
any of its duties under this Agreement, and (v) the Escrow Agent shall not be obligated to take any legal or other action hereunder, which might in its judgment involve or cause it to incur any expense or liability, unless it shall have been
furnished with acceptable indemnification, provided that the indemnification provided in Section 7(b) hereof shall constitute acceptable indemnification to the Escrow Agent. 

(b) Standard of Care. The Escrow Agent shall be under no duty to afford the Escrow Property any greater degree of care than it
gives its own similar property. The Escrow Agent shall not be liable for any damage, loss or injury resulting from any action taken or omitted in the absence of gross negligence or willful misconduct (as finally adjudicated by a court of competent
jurisdiction). 

  
 5 

 (c) Limitation on Liability. Notwithstanding any other provision of this Agreement,
the Escrow Agent shall not be liable (i) for any indirect, incidental, consequential, punitive or special losses or damages, regardless of the form of action and whether or not any such losses or damages were foreseeable or contemplated,
(ii) for the investment or reinvestment of any Escrow Property, or any liquidation of such investment or reinvestment, executed in accordance with the terms of this Agreement, including, without limitation, any liability for any delays (not
resulting from its gross negligence or willful misconduct as finally adjudicated by a court of competent jurisdiction) in the investment or reinvestment of the Escrow Property, any loss of interest incident to any such delays, or any loss or penalty
as a result of the liquidation of any investment before its stated maturity date or (iii) for any amount in excess of the value of the Escrow Property, valued as of the date of deposit, plus any interest, dividends and other distributions and
payments received thereon. For the avoidance of doubt, in no event shall the Escrow Agent be liable for acting in accordance with or relying upon any instruction, notice, demand, certificate or document from the Company or the Trustee in accordance
with the provisions of this Agreement. 
 (d) Reliance. Subject to Sections 13 and 14 of this Agreement, the Escrow
Agent shall be entitled to rely upon any order, judgment, certification, demand, instruction, notice, instrument, consent, authorization, receipt, power of attorney, e-mail, .pdf or other writing delivered to it by the Company or the Trustee without
being required to determine the authenticity or validity thereof, or the correctness of any fact stated therein or the propriety or validity or the service thereof or the jurisdiction of the court issuing any judgment or order. The Escrow Agent may
act in reliance upon any signature believed by it to be genuine and may assume that any person purporting to make any statement or execute any document in connection with the provisions hereof has been duly authorized to do so. 

(e) Consultation. The Escrow Agent may consult with counsel satisfactory to it (with such expense to be reimbursed in accordance
with Section 7(a) hereof), and the opinion or advice of such counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it in good faith and in accordance with the opinion and advice
of such counsel. 
 7. Compensation, Expense Reimbursement and Indemnification. 

(a) Compensation: The Company covenants and agrees to pay the Escrow Agent’s fees and expenses specified in
Schedule A. The Company will, upon demand, pay to the Escrow Agent the amount of any and all reasonable and documented or invoiced expenses, including, without limitation, the reasonable fees, expenses and disbursements of its counsel,
experts and agents that the Escrow Agent may incur in connection with (a) the review, negotiation and administration of this Agreement, (b) the custody or preservation of, or the sale of, collection from or other realization upon, any of
the Escrow Property or (c) the failure of the Company to perform or observe any of the provisions hereof. The Escrow Agent may in its sole discretion withhold from any distribution pursuant to Section 3(a), Section 3(b) and
Section 3(c) Escrow Property in an amount it reasonably believes would, upon sale or liquidation, produce proceeds equal to any unpaid amounts to which the Escrow Agent is entitled to hereunder. 

(b) Indemnification: The Company covenants and agrees to indemnify the Escrow Agent and its employees, officers, directors and
agents (each, an “Indemnified Party”) for, hold each Indemnified Party harmless from, and defend each Indemnified Party against, any and all claims, losses, actions, liabilities, costs, damages or expenses of any nature incurred by

  
 6 

 
any Indemnified Party arising out of or in connection with this Agreement or with the administration of its duties hereunder, including but not limited to attorney’s fees, tax liabilities of
the Company (including any taxes, interest and penalties but excluding any income tax liabilities of the Escrow Agent), any liabilities or damages that may result from any inaccuracy or misrepresentation made in any tax certification provided to the
Escrow Agent, and other costs and expenses of defending or preparing to defend against any claim of liability, except to the extent such loss, liability, damage, cost or expense shall have been finally adjudicated by a court of competent
jurisdiction to have resulted solely from the Indemnified Party’s own gross negligence or willful misconduct. The foregoing indemnification and agreement to hold harmless shall survive the termination of this Agreement and the resignation or
removal of the Escrow Agent. 
 8. Dispute Resolution. In the event of any disagreement between the Interested
Parties, or between either of them and any other person, resulting in adverse claims or demands being made with respect to the subject matter of this Agreement, or in the event that the Escrow Agent, in good faith, is in doubt as to any action it
should take hereunder, the Escrow Agent may, at its option, refuse to comply with any claims or demands and refuse to take any other action hereunder, so long as such disagreement continues or such doubt exists, and in any such event, the Escrow
Agent shall not be liable in any way or to any person for its failure or refusal to act, and the Escrow Agent shall be entitled to continue to so refuse to act and refrain from acting until (i) the rights of all parties having or claiming an
interest in the Escrow Property or the Escrow Account shall have been fully and finally adjudicated by a court of competent jurisdiction, or all differences and doubts shall have been resolved by agreement between the Interested Parties;
(ii) the Escrow Agent shall, in the case of adjudication by a court of competent jurisdiction, have received a final order, judgment or decree by such court of competent jurisdiction, which order, judgment or decree is not subject to appeal,
and in the case of resolution of differences and doubts by agreement, have received a notice in writing signed by the Trustee or an Authorized Person (as defined below) of the Company, as applicable, setting forth in detail the agreement; or
(iii) the Escrow Agent shall have received security or an indemnity satisfactory to it sufficient to hold it harmless from and against any and all losses which it may incur by reason of so acting. The Escrow Agent shall be entitled to receive
(from and at the expense of the Company) an opinion of counsel to the effect that any order, judgment or decree is final and not subject to appeal. The Escrow Agent shall have the option, after thirty (30) calendar days’ notice to the
Interested Parties of its intention to do so, to file an action in interpleader requiring the Interested Parties hereto to answer and litigate any claims and rights among themselves. The costs and expenses (including reasonable and documented
attorneys’ fees and expenses) incurred by the Escrow Agent in connection with such proceeding shall be paid by, and be the obligation of, the Company. The rights of the Escrow Agent under this Section 8 are cumulative of all other rights
which it may have by law or otherwise. 

  
 7 

 9. Exclusive Benefit. Except as specifically set forth in this Agreement,
this Agreement is for the exclusive benefit of the parties to this Agreement and their respective permitted successors, and shall not be deemed to give, either expressly or implicitly, any legal or equitable right, remedy, or claim to any other
entity or person whatsoever. No party may assign any of its rights or obligations under this Agreement without the prior written consent of the other parties. 
 10. Force Majeure. Notwithstanding anything contained in this Agreement to the contrary, the Escrow Agent shall not incur any liability for not performing any act or fulfilling any
obligation hereunder by reason of any occurrence beyond its control (including, without limitation, any provision of any present or future law or regulation or any act of any governmental authority, any act of God or war or terrorism, or the
unavailability of the Federal Reserve Bank wire services or any electronic communication facility). 
 11. Resignation and
Removal. 
 (a) The Interested Parties may remove the Escrow Agent at any time by giving to the Escrow Agent thirty
(30) calendar days’ prior written notice of removal signed by an Authorized Person of each of the Interested Parties. The Escrow Agent may resign at any time by giving to each of the Interested Parties thirty
(30) calendar days’ prior written notice of resignation. As used in this Section 11, if an Event of Default shall have occurred and is continuing under the Indenture and the Escrow Agent has received notice of such Event of
Default from the Trustee, the term “Interested Parties” shall refer only to the Trustee. 
 (b) Within ten (10)
calendar days after giving the foregoing notice of removal to the Escrow Agent or receiving the foregoing notice of resignation from the Escrow Agent, the Interested Parties shall appoint a successor escrow agent and give notice of such successor
escrow agent to the Escrow Agent. If a successor escrow agent has not accepted such appointment by the end of such 10-day period, the Escrow Agent may either (A) safe keep the Escrow Property until a successor escrow agent is appointed, without
any obligation to invest the same or continue to perform under this Agreement, or (B) apply to a court of competent jurisdiction for the appointment of a successor escrow agent or for other appropriate relief. 

(c) Upon receipt of notice of the identity of the successor escrow agent, the Escrow Agent shall either deliver the Escrow Property then
held hereunder to the successor escrow agent, less the unpaid Escrow Agent’s fees, costs and expenses payable pursuant to this Agreement, or hold such Escrow Property (or any portion thereof) pending distribution, until all such fees, costs and
expenses are paid to it. 
 (d) Upon delivery of the Escrow Property to the successor escrow agent, the Escrow Agent shall have
no further duties, responsibilities or obligations hereunder. 
 12. Governing Law; Jurisdiction; Waivers.

 (a) The parties agree (pursuant to Section 5-1401 of the General Obligations Law of the State of New York) that, unless
as a result of mandatory provisions of law such laws would otherwise not apply, this Agreement (including this choice-of-law provision) and the rights and obligations of the parties to this Agreement shall be governed by and construed in

  
 8 

 
accordance with, and all controversies and disputes arising under, in connection with or in relation to this Agreement shall be resolved pursuant to the laws of the State of New York applicable
to contracts made and to be wholly performed in the State of New York. 
 (b) The parties irrevocably and unconditionally submit
to the exclusive jurisdiction of the federal and state courts located in the Borough of Manhattan, City, County and State of New York, for any proceedings commenced regarding this Agreement, including, but not limited to, any interpleader proceeding
or proceeding for the appointment of a successor escrow agent that the Escrow Agent may commence pursuant to this Agreement. The parties irrevocably submit to the jurisdiction of such courts for the determination of all issues in such proceedings
and irrevocably waive any objection to venue or inconvenient forum for any proceeding brought in any such court. 
 (c) The
parties irrevocably and unconditionally waive, to the fullest extent permitted by law, and agree not to plead or claim, any right of immunity from legal action, suit or proceeding, from setoff or counterclaim, from the jurisdiction of any court,
from service of process, from attachment upon or prior to judgment, from attachment in aid of execution of judgment, from execution of judgment, or from any other legal process or proceeding for the giving of any relief or for the enforcement of any
judgment, and consent to such relief and enforcement against it, its assets and its revenues in any jurisdiction, in each case with respect to any matter arising out of, or in connection with, this Agreement. 

(d) The parties irrevocably and unconditionally waive, to the fullest extent permitted by law, any right to trial by jury with respect to
any proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. 
 13. Instructions,
Verification, Communications. 
 (a) All instructions required under this Agreement shall be in writing, in English, and
may be delivered to the Escrow Agent by facsimile or by e-mail and executed by an Authorized Person of the Company. The identity of each Authorized Person, as well as the specimen signature, title, telephone number and e-mail address of each
Authorized Person shall be delivered to the Escrow Agent in the list of authorized signers forms as set forth on Schedule B and shall remain in effect until the Company notifies the Escrow Agent of any change thereto (the person(s) so
designated from time to time, the “Authorized Persons”). The Escrow Agent and the Interested Parties agree that the above constitutes a commercially reasonable security procedure, and the Escrow Agent further agrees not to comply
with any direction or instruction from any Interested Party (other than those contained herein or delivered in accordance with this Agreement). 
 (b) In the event funds transfer instructions are given, whether in writing, by facsimile, .pdf, e-mail, or otherwise, such funds transfer instructions should contain a selected test word also evidenced on
Schedule B and Schedule C. Test Words must contain at least 8 alphanumeric characters, established at document execution. In addition to or in lieu of test words, the Escrow Agent is authorized, but under no obligation,
to seek confirmation of such instructions by telephone call back to the applicable person(s) set forth on Schedule B and Schedule C, and the Escrow Agent may rely upon the confirmations of anyone purporting to be the
person(s) so designated. To ensure the accuracy of the instructions it receives, the Escrow 

  
 9 

 
Agent may record such call backs. If the Escrow Agent is unable to verify the instruction, or is not satisfied in its sole discretion with the verification it receives, it will not execute the
instruction until all issues have been resolved to its satisfaction. The persons and telephone numbers for call backs may be changed only in writing, in the case of the Company signed by an Authorized Person, actually received and acknowledged by
the Escrow Agent. The Interested Parties agree that these security procedures for funds transfers are commercially reasonable. 

(c) To help the U.S. government fight the funding of terrorism and money laundering activities, Federal law requires all financial
institutions to obtain, verify, and record information that identifies each person who opens an account. When an account is opened, the Escrow Agent will ask for information that will allow the Escrow Agent to identify relevant parties. The
Interested Parties hereby acknowledge such information disclosure requirements and agree to comply with all such information disclosure requests from time to time from the Escrow Agent. 

14. Notices; Wiring Instructions. 
 (a) Subject to the following paragraph, any notice permitted or required hereunder shall be in writing in English, and shall be sent (i) by personal, overnight delivery by a recognized courier or
delivery service, or (ii) by registered or certified mail, return receipt requested, postage prepaid, (iii) by confirmed facsimile, or (iv) by e-mail, in each case addressed to the address and person(s) designated below their
respective signature hereto (or to such other address as any such party may hereafter designate by written notice to the other parties). Notices to the Escrow Agent or the Trustee shall only be deemed given upon actual receipt by the Escrow Agent or
the Trustee, as applicable. 
 Solely as between the Company and the Trustee, the Trustee agrees to accept and act upon
instructions or directions pursuant to this Agreement sent by unsecured e-mail, .pdf, facsimile transmission or other similar unsecured electronic methods. If the Company elects to give the Trustee e-mail or facsimile instructions (or instructions
by a similar electronic method) and the Trustee is authorized to act upon such instructions, the Trustee’s reasonable understanding of such instructions shall be deemed controlling. The Trustee shall not be liable for any losses, costs or
expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such instructions notwithstanding such instructions conflict or are inconsistent with a subsequent written instruction. The Company agrees to assume
all risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk or interception and misuse by
third parties. 
 (b) Any funds to be paid to or by the Escrow Agent hereunder shall be sent by wire transfer pursuant to the
following instructions (or by such method of payment and pursuant to such instruction as may have been given in advance and in writing to or by the Escrow Agent, as the case may be, in accordance with Section 14(a) above): 

If to the Company: 
 Bank: 
 ABA#: 

  
 10 

 
Account Name: 
 A/C#: 

Ref: 
 If to the
Representative: 
 Bank: 
 ABA#: 
 Account Name: 

A/C#: 
 Ref:

 If to the Trustee: 
 Bank: 
 ABA#: 

Account Name: 

A/C#: 
 Ref:

 If to the Escrow Agent: 
 Bank: 
 ABA# 

Account Name: 

A/C#: 
 Ref:

  
 11 

 15. Amendment. Except as specifically set forth in this Agreement, any
amendment of this Agreement shall be binding only if evidenced by a writing signed by each of the parties to this Agreement. 

16. Severability. The invalidity, illegality or unenforceability of any provision of this Agreement shall in no way affect
the validity, legality or enforceability of any other provision. If any provision of this Agreement is held to be unenforceable as a matter of law, the other provisions shall not be affected thereby and shall remain in full force and effect.

 17. Termination. This Agreement shall terminate upon the distribution of all Escrow Property from the Escrow
Account established hereunder in accordance with the terms of this Agreement, subject, however, to the survival of obligations specifically contemplated in this Agreement to so survive. 

18. Counterparts. This Agreement may be executed simultaneously in two or more counterparts, any one of which need not
contain the signatures of more than one party, but all such counterparts taken together shall constitute one and the same agreement. Facsimile or .pdf signatures on counterparts of this Agreement shall be deemed original signatures with all rights
accruing thereto except in respect to any non-US entity, whereby originals are required. 
 19. Mergers and
Conversions. Any corporation or entity into which the Escrow Agent may be merged or converted or with which it may be consolidated, or any corporation or entity resulting from any merger, conversion or consolidation to which the Escrow Agent
will be a party, or any corporation or entity succeeding to the business of the Escrow Agent will be the successor of the Escrow Agent hereunder without the execution or filing of any paper with any party hereto, or any further act on the part of
any of the parties hereto except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding. 

  
 12 

 IN WITNESS WHEREOF, each of the parties has caused this Agreement to be executed by
a duly authorized representative as of the day and year first written above. 
  

			
	WILMINGTON TRUST,
	NATIONAL ASSOCIATION,
	
	as Escrow Agent
		
	By:	 	/s/ Joshua C. Jones
		 	 Name: Joshua C. Jones

Title: Banking Officer
 Date: February 19,
2013

	
	 Notice to:

Wilmington Trust, National

Association
 Rodney Square North

1100 North Market Street
 Wilmington, DE
19890
 Attn.: Joshua C. Jones
 Phone:
(302) 636-4145
 Facsimile: (302) 636-4145
 E-mail:
 jones2@wilmingtontrust.com

 Escrow Agreement Signature Page 

 
			
	NII INTERNATIONAL TELECOM S.C.A.
		
	 By:
	 	/s/ Shana C. Smith
	 Name:
	 	NII International Holdings S.à.r.l.
	Title:	 	Sole Manager
	Date:	 	February 19, 2013
	
	 Itself represented by:

	 Name:
	 	Shana C. Smith
	Title:	 	Class B Manager
	
	 Notice to:
 NII
International Telecom S.C.A.
 c/o Intertrust
 Luxembourg 65,
 Boulevard Grande Duchesse Charlotte

L-1331 Luxembourg, Grand-Duchy of Luxembourg

Attn.: Davy Toussaint
 Phone: +352 26449
639
 Facsimile: +352 26 38 35 07

E-mail: Davy.Toussaint@intertrustgroup.com

 Escrow Agreement Signature Page 

  

			
	WILMINGTON TRUST,
	NATIONAL ASSOCIATION,
	 not in its individual capacity, but
 solely in its capacity as Trustee
 under the Indenture

		
	By:	 	/s/ Joshua C. Jones
		 	 Name: Joshua C. Jones

Title: Banking Officer
 Date: February 19,
2013

	
	 Notice to:

Wilmington Trust, National

Association
 Rodney Square North

1100 North Market Street
 Wilmington, DE
19890
 Attn.: Joshua C. Jones
 Phone:
(302) 636-4145
 Facsimile: (302) 636-4145
 E-mail:
 jjones2@wilmingtontrust.com

 List of Schedules 
  

	A	Escrow Agent Fee Schedule 

	B	Authorized List of Signers for the Company 

	C	Authorized List of Signers for the Trustee 

List of Exhibits 
  

	A	Release Certificate 

	B	Redemption Notice 

 Escrow
Agreement Signature Page 

 SCHEDULE A 
 ESCROW AGENT FEE SCHEDULE 
 SCHEDULE OF FEES FOR SERVICES AS

 ESCROW AGENT 
 FOR 
 NII INTERNATIONAL TELECOM S.C.A. 

  
 A-1

 SCHEDULE B 
 AUTHORIZED LIST OF SIGNERS 
 This form supplements the Agreement and related documents and
applies to instructions given by facsimile (or e-mail with .pdf attachment) for securities or funds transfers and for other purposes under the Agreement. In giving any facsimile (or e-mail with .pdf attachment) instruction as specified in the
Agreement the Company acknowledges that facsimile (or e-mail with .pdf attachment) present a high degree of risk or error, security and privacy. Nevertheless the Company wishes to use facsimile (or e-mail with .pdf attachment) as a means of
instruction. The Company designates any of the below individuals who are authorized to initiate transfers or other instructions by facsimile (or e-mail with .pdf attachments) on behalf of the Company and select the security procedures specified
herein. The Company accepts the associated risks of unauthorized or erroneous instructions and agrees to be bound by such instructions whether or not actually authorized by the Company, provided the Escrow Agent has complied with the stated security
procedure. The Company is responsible for keeping confidential the contents of this Schedule B. The Company should be careful in completing this Schedule B as it may be rejected if it contains erasures or white outs. 

 

					
	 n  New
	  	 ̈  Addition	  	 ̈    Supersede

 NII International Telecom S.C.A. 
  

							
		 		 	  Specimen Signature
	 Name
	 		 		 	 
	 Title
	 		 		 	 
	 Phone
	 		 		 	 
	 E-mail Address
	 		 		 	 
		 		 		 	
	 Name
	 		 		 	 
	 Title
	 		 		 	 
	 Phone
	 		 		 	 
	 E-mail Address
	 		 		 	 
		 		 		 	
	 Name
	 		 		 	 
	 Title
	 		 		 	 
	 Phone
	 		 		 	 
	 E-mail Address
	 		 		 	 
		 		 		 	
	 Name
	 		 		 	 
	 Title
	 		 		 	 
	 Phone
	 		 		 	 
	 E-mail Address
	 		 		 	 

 Where applicable, the Escrow Agent will confirm the instructions received by return call to one of the telephone numbers
listed below. 
  

			
	 Telephone Number (including Country code)
	  	 Name

	  
	  	  

	  
	  	  

	  
	  	  

	  
	  	  

 Test Word 

 

					
		  	 	  	
		  	 	  	

 Test Words must contain at least 8 alphanumeric characters, and should be established at document execution and changed
each time the List of Authorized Signers/Approvers is updated. All instructions should clearly display the Test Word, which may be used in lieu of a callback to confirm the authenticity of the instruction. However, Escrow Agent reserves the right to
perform the callback in addition to the Test Word if circumstances warrant. 

  

					
		  	B-1	  	

 SCHEDULE C 
 This form supplements the Agreement and related documents and applies to instructions given by facsimile (or e-mail with .pdf attachment) for securities or funds transfers and for other purposes under the
Agreement. In giving any facsimile (or e-mail with .pdf attachment) instruction as specified in the Agreement the Company acknowledges that facsimile (or e-mail with .pdf attachment) present a high degree of risk or error, security and privacy.
Nevertheless the Company wishes for the Trustee to use facsimile (or e-mail with .pdf attachment) as a means of instruction. The Company agrees to assume all risks arising out of the use by the Trustee of such electronic methods to submit
instructions and directions to the Escrow Agent including without limitation to accept the associated risks of unauthorized or erroneous instructions and agrees to be bound by such instructions whether or not actually authorized by the Company,
provided the Trustee has complied with the stated security procedure. The Trustee is responsible for keeping confidential the contents of this Schedule C. The Trustee should be careful in completing this Schedule C as it may be rejected if
it contains erasures or white outs. 
  

					
	 ̈  New	  	 ̈  Addition	  	 ̈    Supersede

 Wilmington Trust, National Association 

 

					
	 	 	 	  	Specimen Signature
	 Name
	 		  	 
	 Title
	 		  	 
	 Phone
	 		  	 
	 E-mail Address
	 		  	 
			
	 Name
	 		  	
	 Title
	 		  	
	 Phone
	 		  	
	 E-mail Address
	 		  	
			
	 Name
	 		  	
	 Title
	 		  	
	 Phone
	 		  	
	E-mail Address	 		  	

 Where applicable, the Escrow Agent will confirm the instructions received by return call to one of the telephone numbers
listed below. 
  

			
	 Telephone Number (including Country code)
	  	 Name

	  
	  	  

	  
	  	  

	  
	  	  

 Test Word 

Wilmington Trust, National Association, as Escrow Agent 
 Test Words must contain at least 8 alphanumeric characters, and should be established at document execution. All instructions should clearly display the Test Word, which may be used in lieu of a callback
to confirm the authenticity of the instruction. However, Escrow Agent reserves the right to perform the callback in addition to the Test Word if circumstances warrant. 

  

					
		  	C-1	  	

 EXHIBIT A 
 Via Facsimile: (302) 636-4145 

            , 2013 

Wilmington Trust, National Association 
 Rodney
Square North 
 1100 North Market Street 

Wilmington, DE 19890 
 Attn: Corporate Capital
Markets 
 This certificate is being delivered by NII International Telecom S.C.A, a partnership limited by shares (societe
en commandite par actions) incorporated under Luxembourg law, with registered office at 65, Boulevard Grande-Duchesse Charlotte, L-1331 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B 149.237 (the
“Company”), pursuant to Section 3(a) of the Escrow and Security Agreement, dated as of February 19, 2013 (the “Escrow Agreement”), by and among the Company, Wilmington Trust, National Association, as
trustee (the “Trustee”), and Wilmington Trust, National Association, as escrow agent (the “Escrow Agent”). Capitalized terms used but not defined herein have the respective meanings specified in the Escrow
Agreement, including by reference to the Indenture and the Purchase Agreement described therein. 
 The Company hereby
certifies to the Escrow Agent and the Trustee through the undersigned officer, as follows as of the date hereof: 
 (a) (i) an
annual report on Form 10-K of NII Holdings, Inc. for the year ended December 31, 2012 (the “2012 10-K”) that complies with all applicable requirements of the Securities Exchange Commission (“SEC”) has been
filed with the SEC and includes an unqualified audit opinion by PricewaterhouseCoopers LLP on the financial statements included therein; 
 (ii) NII Holdings, Inc. has furnished its earnings release for the quarter and year ended December 31, 2012 on Form 8-K with the SEC and the presentation of financial information in that earnings
release is consistent with the financial statements included in the 2012 10-K; and 
 (iii) based on the
financial information included in the 2012 10-K and that earnings release, NII Holdings, Inc. had, for the year ended December 31, 2012, adjusted OIBDA of at least $910 million, and the Company has made a good faith determination that no
material adjustments need to be made to the preliminary 2012 financial results of NII Holdings, Inc. included in the Final Offering Memorandum for the Notes dated February 11, 2013 in order for those results to be consistent with that financial
information in the 2012 10-K and the earnings release. 

  
 Ex. A-1

 (b) no Default or Event of Default has occurred or is continuing under the Indenture.

 Pursuant to the Escrow Agreement, the Company hereby authorizes and directs the release by the Escrow Agent
on             , 2013 of all of the Escrow Property in the Escrow Account as follows: 
 (1) $13,125,000 to the Representative; and 
 (2) the balance to
the Company; 
 in each case by wire transfer of immediately available funds to the applicable account set
forth, or provided for, in Section 14(b) of the Escrow Agreement. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

  
 Ex. A-2

 IN WITNESS WHEREOF, the Company, through the undersigned, has signed this
manager’s certificate as of the date first above written. 
  

			
	 NII INTERNATIONAL TELECOM S.C.A.
  

represented by its manager
  
 NII INTERNATIONAL HOLDINGS S.à r.l.
  
 itself represented by Shana C. Smith, duly
 authorized Class B Manager

 

	By:	 	 
		 	Name: Shana C. Smith
		 	Title:   Class B Manager
	
	 Notice to:
 NII
International Telecom S.C.A.
 Luxembourg 65,
 Boulevard Grande Duchesse Charlotte
 L-1331 Luxembourg, Grand-Duchy of Luxembourg

Attn.: Davy Toussaint
 Phone: +352 26449
639
 Facsimile: +352 26 38 35 07

E-mail: Davy.Toussaint@intertrustgroup.com
  

Test Word:

  

  
 Ex. A-3

 EXHIBIT B 
 Via Facsimile: (302) 636-4145 
 Date: 

Wilmington Trust, National Association, as Trustee and Escrow Agent 
 Rodney Square North 
 1100 North Market Street 

Wilmington, DE 19890 
 Attn: Corporate Capital
Markets 
 Re: NII International Telecom S.C.A. Redemption Notice 
 Dear [            ]: 

Reference is hereby made to the Escrow and Security Agreement, dated as of February 19, 2013 (the “Escrow
Agreement”), by and among NII International Telecom S.C.A., a partnership limited by shares (société en commandite par actions), with registered office at 65, Boulevard Grande-Duchesse Charlotte, L-1331 Luxembourg,
registered with the Luxembourg Trade and Companies Register under number B 149.237 (the “Company”), Wilmington Trust, National Association, as trustee (the “Trustee”) and Wilmington Trust, National Association, as
escrow agent (the “Escrow Agent”). Capitalized terms used herein without definition shall have the meanings ascribed to such terms in the Escrow Agreement, including by reference to the Indenture or the Purchase Agreement described
therein. 
 NOTICE IS HEREBY GIVEN THAT, pursuant to Section 3.11 of the Indenture, a Special Mandatory Redemption
will be made on [            ] (the “Special Mandatory Redemption Date”), in an amount equal to $[            ],
representing 100% of the aggregate principal amount of Notes, plus accrued and unpaid interest thereon from the Closing Date up to, but excluding, the Special Mandatory Redemption Date (the “Special Mandatory Redemption Price”).

 Pursuant to the Escrow Agreement, the Company hereby authorizes and directs the release by the Escrow Agent of all of the
Escrow Property to the Trustee by wire transfer of immediately available funds to the account of the Trustee as set forth, or provided for, in Section 14(b) of the Escrow Agreement. 

IN WITNESS WHEREOF, the undersigned has caused this Redemption Notice to be duly executed and delivered as of this
[            ] day of [            ], 2013. 

  
 Ex. B-1

 
			
	 NII INTERNATIONAL TELECOM S.C.A.
  

represented by its manager
  
 NII INTERNATIONAL HOLDINGS S.à r.l.
  
 itself represented by Shana C. Smith, duly
 authorized Class B Manager

 

	By:	 	 
		 	Name: Shana C. Smith
		 	Title:   Class B Manager
	  
 Notice to:

NII International Telecom S.C.A.
 Luxembourg
65,
 Boulevard Grande Duchesse Charlotte

L-1331 Luxembourg, Grand-Duchy of Luxembourg

Attn.: Davy Toussaint
 Phone: +352 26449
639
 Facsimile: +352 26 38 35 07

E-mail: Davy.Toussaint@intertrustgroup.com
  

[Test Word:]

  
 Ex. B-2

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