SEC Contract Filing

Filing Date: 2016-03-03

Document Content:
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<TYPE>EX-10.7
<SEQUENCE>4
<FILENAME>nihd-12312015x10kxex107.htm
<DESCRIPTION>EXHIBIT 10.7
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<a name="sdb8c0f8626a94cc7b063b0fd83d0299f"></a><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit 10.7</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">As of January 27, 2016</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Cablevisi&#243;n S.A.</font></div><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Televisi&#243;n Dirigida S.A.</font></div><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Grupo Clar&#237;n S.A.</font></div><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">NII Holdings, Inc.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Re.: </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Amendment No. 2 to Binding Offer # 2015/075/NXT</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Dear Sirs:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:12pt;">Reference is made to (i) your Binding Offer dated September 10, 2015, accepted by us on September 11, 2015, as amended by your Amendment Offer Letter No.&#160;1, dated October 9, 2015, accepted by us on such date (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Binding Terms</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and (ii) the assignment letter sent by Grupo Clar&#237;n S.A. to NII Mercosur Telecom, S.L.U., NII Mercosur M&#243;viles, S.L.U. and NII Holdings, Inc. on September 11, 2015. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to them in the Binding Terms.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">In light of the new regulatory framework in force in Argentina pursuant to which the transfer of the 51% Equity Interest from the Sellers to the Buyer can be executed prior to obtaining the Regulatory Approval </font><font style="font-family:inherit;font-size:12pt;font-style:italic;">ad referendum</font><font style="font-family:inherit;font-size:12pt;">&#32;thereto, and the implementation of certain transactions contemplated in the Binding Terms, and in accordance with Section 14 of the Binding Terms, effective as of the date of your acceptance of this offer to supplement and amend the Binding Terms (this &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Amendment Offer Letter No. 2</font><font style="font-family:inherit;font-size:12pt;">&#8221;) as set forth in </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 2</font><font style="font-family:inherit;font-size:12pt;">&#32;below, the Binding Terms shall be supplemented and amended as set forth in </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 1</font><font style="font-family:inherit;font-size:12pt;">&#32;below.</font></div><div style="line-height:120%;padding-left:48px;text-align:justify;text-indent:24px;"><font style="text-align:justify;font-family:inherit;font-size:10pt;padding-right:24px;">1.</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Supplement and Amendment of the Binding Terms</font><font style="font-family:inherit;font-size:12pt;">.</font></div><div style="line-height:120%;padding-left:0px;text-align:justify;text-indent:48px;"><font style="text-align:justify;font-family:inherit;font-size:10pt;padding-right:48px;