<PAGE>
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 10, 2000
REGISTRATION NO. 333-94899
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
AMENDMENT NO. 4
TO
FORM F-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
------------------------
FLAG TELECOM HOLDINGS LIMITED
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
BERMUDA 4813 NOT REQUIRED
(State or other jurisdiction (Primary Standard (I.R.S. Employer
of Industrial Identification Number)
incorporation or organization) Classification Code Number)
</TABLE>
<TABLE>
<S> <C>
EMPORIUM BUILDING FLAG TELECOM USA LTD.
69 FRONT STREET 570 LEXINGTON AVENUE
HAMILTON HM12, BERMUDA NEW YORK, NEW YORK 10020
(441) 296-0909 (212) 319-2121
(Address, including zip code, and telephone (Name and address, including zip code, and
number, including area code, of telephone number, including area code, of
registrant's principal executive offices) agent for service)
</TABLE>
------------------------
COPIES TO:
<TABLE>
<S> <C>
DAVID W. POLLAK, ESQ. ALAN L. BELLER, ESQ.
MORGAN, LEWIS & BOCKIUS LLP DAVID LOPEZ, ESQ.
101 PARK AVENUE CLEARY, GOTTLIEB, STEEN & HAMILTON
NEW YORK, NEW YORK 10178 ONE LIBERTY PLAZA
(212) 309-6058 NEW YORK, NEW YORK 10006
FAX: (212) 309-6273 (212) 225-2000
FAX: (212) 225-3999
</TABLE>
------------------------
APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: As soon as
practicable after the effective date of this Registration Statement.
If any of the securities being registered on this Form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, check the following box. / /
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, check the following box and
list the Securities Act registration statement number of the earlier effective
registration statement for the same offering. / /
If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. / /
If delivery of the prospectus is expected to be made pursuant to Rule 434,
check the following box. / /
------------------------
THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR
DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL
FILE A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS REGISTRATION
STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(A) OF
THE SECURITIES ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME
EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SAID SECTION 8(A),
MAY DETERMINE.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE>
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 13. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.
The following table sets forth the expenses (other than underwriting
compensation we expect to incur) in connection with this offering. All of these
amounts (except the SEC registration fee, the NASD filing fee and the London
Stock Exchange filing fee) are estimated.
<TABLE>
<S> <C>
SEC registration fee........................................ $ 230,834
NASDAQ listing fee.......................................... 95,000
NASD filing fee............................................. 30,000
Blue Sky fees and expenses.................................. 12,000
London Stock Exchange filing fee............................ 90,000
Printing and Engraving Costs................................ 560,000
Legal fees and expenses..................................... 985,000
Accounting fees and expenses................................ 880,000
Transfer Agent and Registrar fees and expenses.............. 3,500
Miscellaneous............................................... 100,000
----------
Total....................................................... $2,986,334
==========
</TABLE>
ITEM 14. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Our By-Laws provide that our directors and officers and former directors and
officers shall be indemnified to the fullest extent permitted by The Companies
Act of Bermuda 1981, as amended from time to time, and provides for advances to
any indemnified director or officer of expenses in connection with actual
proceedings and claims arising out of their status as our director or officer.
We also maintain a directors' and officers' liability insurance policy on behalf
of our directors and officers.
Section 8 of the Underwriting Agreement to be filed as Exhibit 1 provides
that the underwriters named therein will indemnify and hold us harmless and each
of our directors, officers or controlling persons from and against certain
liabilities, including liabilities under the Securities Act. Section 8 of the
Underwriting Agreement also provides that these underwriters will contribute to
certain liabilities of these persons under the Securities Act.
ITEM 15. RECENT SALES OF UNREGISTERED SECURITIES.
We were formed on February 26, 1999 in connection with a reorganization of
the FLAG Telecom family of companies. As a result of this reorganization, we
became the parent holding company for the FLAG Telecom family of companies and
the owner of a 66% interest in FLAG Limited. Also as part of the reorganization,
pursuant to Share Transfer Forms and Subscription Forms which each of the
shareholders of FLAG Limited executed, the shareholders of FLAG Limited
transferred the number of
II-1
<PAGE>
common shares of FLAG Limited set forth below opposite their names, or
418,259,610 common shares in the aggregate, in consideration for a corresponding
number of our common shares.
<TABLE>
<CAPTION>
NUMBER OF
SHARES OF
FLAG
LIMITED
FLAG LIMITED SHAREHOLDERS TRANSFERRED
- ------------------------------------------------------------ -----------
<S> <C>
K.I.N. (Thailand) Company Limited........................... 108,780,684
Bell Atlantic Network Systems Company....................... 21,996,930
AT&T Capital Corporation.................................... 5,488,830
GE Capital Project Finance VI Ltd........................... 16,466,490
The Asian Infrastructure Fund............................... 54,390,342
Gulf Associates Communications, Limited..................... 13,987,518
Marubeni Telecom Development Limited........................ 60,747,672
Rathburn Limited............................................ 136,401,144
</TABLE>
On January 4, 2000 we issued 217,536,730 common shares to Bell Atlantic in
connection with its exchange of the shares held by Bell Atlantic in FLAG Limited
for our common shares. The share numbers set forth in the preceding discussion
do not reflect the reverse stock split of 6:1 we intend to effect in connection
with this offering.
ITEM 16. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.
(a) Exhibits
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
- --------------------- -----------
<C> <S>
1 Form of Underwriting Agreement**
3.1 Memorandum of Association of FLAG Telecom**
3.2 By-laws of FLAG Telecom**
4.1 Form of share certificate**
4.2 Letter to GE Capital Project Finance VI Ltd. from FLAG
Telecom regarding registration rights**
4.3 Letter to AT&T Capital Corporation from FLAG Telecom
regarding registration rights**
4.4 Grant of options to Andres Bande pursuant to the Long-Term
Incentive Plan of FLAG Telecom**
4.5 Grant of options to Edward McCormack pursuant to the
Long-Term Incentive Plan of FLAG Telecom**
4.6 Grant of options to Stuart Rubin pursuant to the Long-Term
Incentive Plan of FLAG Telecom**
4.7 Form of Registration Rights Agreement**
5 Opinion of Appleby, Spurling & Kempe
10.1 Long-Term Incentive Plan of FLAG Telecom**
</TABLE>
II-2
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
- --------------------- -----------
<C> <S>
10.2 Credit Agreement, dated as of January 28, 1998, among FLAG
Limited, the Term Lenders thereto, the Revolving Lenders
thereto, Barclays Bank PLC and International Trust Company
of Bermuda Limited, including all amendments thereto**#
10.3 Indenture for 8 1/4% Senior Notes Due 2008, dated as of
January 30, 1998, between FLAG Limited and IBJ Schroeders
Bank & Trust Company**
10.4 Further Restated Shareholders Agreement, dated 8 October
1999, between FLAG Atlantic Holdings Limited and GTS
TransAtlantic Holdings, Ltd.+**#
10.5 Exchange Agreement and Plan of Reorganization, dated as of
February 26, 1999, between FLAG Telecom and Bell Atlantic
Network Systems Company**
10.6 Tax Agreement, dated as of February 26, 1999, among FLAG
Telecom, Bell Atlantic Corporation and Bell Atlantic
Network Systems Company**
10.7 Marketing Transition Agreement, dated as of May 14, 1998,
among FLAG Limited, Bell Atlantic Network Systems Company
and NYNEX Network Systems Company**#
10.8 Employee Services Agreement, dated as of May 21, 1998,
between FLAG Limited and Bell Atlantic Global Systems
Company**
10.9 Construction and Maintenance Agreement, dated as of December
14, 1994, among FLAG Limited and each of the landing party
and other signatories**#
10.10 Operations Contract for the FLAG Network Operations Center,
dated as of June 30, 1997, between FLAG Limited and
Emirates Telecommunications Corporation**
10.11 Credit Agreement dated as of October 8, 1999 among FLAG
Atlantic Limited, Barclays Bank plc, as the Administrative
Agent, Dresdner Bank AG, New York Branch, as the
Documentation Agent, Westdeutsche Landesbank Girozentrale,
New York Branch, as the Syndication Agent, Barclays Bank
plc and the other Lenders listed therein, as Lenders and
Barclays Capital, as the Lead Arranger+**#
10.12 FLAG Atlantic Fibre Optic Cable System Contract, dated
20 September 1999, among FLAG Atlantic Limited, FLAG
Atlantic UK Limited, FLAG Atlantic USA Limited, FLAG
Atlantic France SARL, Alcatel Submarine Networks, Alcatel
Submarine Networks, Alcatel Submarine Networks Inc. and
Alcatel Submarine Networks Limited+**#
10.13 Equity Contribution Agreement, dated as of October 8, 1999,
among FLAG Atlantic Limited, FLAG Atlantic Holdings
Limited and Barclays Bank plc, as Administrative Agent**
10.14 Equity Contribution Agreement, dated as of October 8, 1999,
among FLAG Atlantic Limited, GTS TransAtlantic Holdings,
Ltd. and Barclays Bank plc, as Administrative Agent**
10.15 Limited Guarantee Agreement, dated as of October 8, 1999,
made by FLAG Atlantic Holdings Limited in favor of
Barclays Bank plc, as Secured Party**
10.16 Shareholder Pledge Agreement, dated as of October 8, 1999,
among GTS TransAtlantic Holdings, Ltd., FLAG Atlantic
Holdings Limited and Barclays Bank plc, as Secured
Party**#
</TABLE>
II-3
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
- --------------------- -----------
<C> <S>
10.17 Capacity Right of Use Agreement dated 7 October, 1999 among
FLAG Atlantic Limited, FLAG Atlantic USA Limited and NYNEX
Long Distance Company, d/b/a Bell Atlantic Long
Distance+**#
10.18 Capacity Right of Use Agreement dated 8 October, 1999 among
FLAG Atlantic Limited, FLAG Atlantic USA Limited, and
GTE+**#
10.19 Fibre, Capacity and Facilities Purchase Agreement dated 8
October, 1999 among FLAG Atlantic Limited, FLAG Atlantic
USA Limited, and GTS Transatlantic Carrier Services
Limited+**#
10.20 Capacity Right of Use Agreement dated 17 November, 1999
among FLAG Atlantic Limited, FLAG Atlantic USA Limited,
PSINetworks Company, PSINet Telecom Limited and
PSINetworks SARL+**#
10.21 Indefeasible Right of Use Agreement dated 8 October, 1999
among FLAG Atlantic Limited, FLAG Atlantic USA Limited and
Teleglobe USA Inc.+**#
10.22 South East Asia and Indian Ocean Cable Maintenance
Agreement, dated as of June 1, 1986, among FLAG Limited
and the other parties listed on Schedule A1 and
Supplemental Agreements thereto+**#
10.23 Atlantic Cable and Maintenance Repair Agreement, dated as of
January 20, 1998, among FLAG Limited and the parties
identified in Schedule A attached thereto**#
10.24 Mediterranean Cable Maintenance Agreement, dated April 20,
1999, among FLAG Limited and the other Signatories listed
on Schedule A1 thereto+**#
10.25 ROV Service Agreement, dated as of January 1, 1999, among
FLAG Limited, France Cables et Radio, Elettra TLC S.p.A.
and the other entities identified on Schedule 1
thereto+**#
10.26 SCARAB III and IV Users Agreement dated February 28, 1990
among FLAG Limited and those other parties listed**#
10.27 Primary Supplier Agreement dated January 18, 2000 between
Bell Atlantic Global Systems Company and the Company**#
13 Form 20-F filed as of April 13, 1999 (File No. 333-08456)
(Incorporated by reference)
21 List of subsidiaries of the Company**
23.1 Consent of Arthur Andersen & Co.
23.2 Consent of Appleby, Spurling & Kempe (filed as part of
Exhibit 5)
23.3 Consent of Michael Fitzpatrick**
23.4 Consent of Edward J. McQuaid**
23.5 Consent of Philip Seskin**
24 Powers of Attorney (included on signature page)**
</TABLE>
- ------------------------
** Previously filed.
+ Confidential treatment has been requested with respect to portions of
this exhibit.
# Schedules, Annexes or Exhibits filed.
II-4
<PAGE>
(b) Financial Statement Schedules
2. Movements in Qualifying and Valuation Accounts.
ITEM 17. UNDERTAKINGS.
The undersigned registrant hereby undertakes as follows:
(1) The undersigned will provide to the underwriters at the closing specified in
the Underwriting Agreement certificates in such denominations and registered
in such names as required by the underwriters to permit prompt delivery to
each purchaser.
(2) For purposes of determining any liability under the Securities Act, the
information omitted from the form of prospectus filed as part of this
registration statement in reliance on Rule 430A and contained in a form of
prospectus filed by the registrant pursuant to Rule 424(b)(1) or (4) or
497(h) under the Securities Act shall be deemed to be part of this
registration statement as of the time it is declared effective.
Insofar as indemnification for liabilities arising under the Securities Act
may be permitted to directors, officers and controlling persons of the
registrant pursuant to the provisions described in Item 14, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.
(3) For the purpose of determining any liability under the Securities Act,
each post-effective amendment that contains a form of prospectus shall be deemed
to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial BONA FIDE offering thereof.
II-5
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, FLAG Telecom
Holdings Limited has duly caused this Amendment No. 4 to its Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of New York, the State of New York, on the 10th day of
February, 2000.
FLAG TELECOM HOLDINGS LIMITED
By: /s/ STUART RUBIN
---------------------------------------------------------------------------
Name: Stuart Rubin
Title: Assistant Secretary
POWERS OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Andres Bande, Edward McCormack and Stuart Rubin,
and each of them, with full power to act without the other, this person's true
and lawful attorneys-in-fact and agents, with full power of substitution and
resubstitution, for him and in his name, place and stead, in any and all
capacities, to sign this Registration Statement, any and all amendments
(including post-effective amendments), any subsequent Registration Statements
pursuant to Rule 462 of the Securities Act of 1933, as amended, and any
amendments there and to file the same, with exhibits and schedules, and other
documents in connection therewith, with the Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents, and each of them, full power
and authority to do and perform each and every act and thing necessary or
desirable to be done in and about the premises, as fully to all intents and
purposes as he might or could do in person, hereby ratifying and confirming all
that said attorneys-in-fact and agents, or any of them, or their or his
substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
II-6
<PAGE>
Pursuant to the requirements of the Securities Act of 1933, this Amended
Registration Statement has been signed by the following persons in the
capacities and on the date indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
--------- ----- ----
<C> <S> <C>
* Chairman and Chief Executive
------------------------------------------- Officer (Principal February 10, 2000
Andres Bande Executive Officer)
Chief Financial Officer
* (Principal Financial and
------------------------------------------- Accounting Officer) and February 10, 2000
Edward McCormack Director
/s/ STUART RUBIN General Counsel and
------------------------------------------- Assistant Secretary February 10, 2000
Stuart Rubin
* Director
------------------------------------------- February 10, 2000
Michael Fitzpatrick
* Director
------------------------------------------- February 10, 2000
Abdul Latif Ghurab
* Director
------------------------------------------- February 10, 2000
Adnan Omar
* Director
------------------------------------------- February 10, 2000
Daniel Petri
* Director
------------------------------------------- February 10, 2000
Umberto Silvestri
* Director
------------------------------------------- February 10, 2000
Jonathan Solomon
* Director
------------------------------------------- February 10, 2000
Dr. Lim Lek Suan
* Director
------------------------------------------- February 10, 2000
Fumio Uehara
* Director
------------------------------------------- February 10, 2000
Dr. Vallobh Vimolvanich
</TABLE>
*By: /s/ STUART RUBIN
- ---------------------------------------------
Stuart Rubin,
as Attorney-in-fact
II-7
<PAGE>
FINANCIAL STATEMENT SCHEDULES
2. MOVEMENTS IN QUALIFYING AND VALUATION ACCOUNTS
<TABLE>
<CAPTION>
BALANCE CHARGE TO
BEGINNING EFFECTS OF COSTS/
OF PERIOD ACQUISITION EXPENSE DEDUCTIONS
--------- ----------- --------- ----------
<S> <C> <C> <C> <C>
ALLOWANCE FOR DOUBTFUL ACCOUNTS
FLAG Limited 1994.............. $ -- -- -- --
FLAG Limited 1995.............. $ -- -- -- --
FLAG Limited 1996.............. $ -- -- -- --
FLAG Limited 1997.............. $ -- -- 9,054 --
FLAG Limited 1998.............. $9,054 -- 1,445 (1,869)
FLAG Limited January 1 through February 26,
1999............................................ $8,630 -- -- --
FLAG Telecom Incorporation through
September 30, 1999................ $ -- 8,630 -- (1,176)
</TABLE>
S-1
<PAGE>
9th February, 2000
FLAG Telecom Holdings Limited
Emporium Building
69 Front Street
Hamilton HM 12
Dear Sirs
FLAG TELECOM HOLDINGS LIMITED (THE "COMPANY")
We have acted as legal counsel in Bermuda to the Company in connection with the
preparation and filing by the Company with the Securities and Exchange
Commission under the Securities Act of 1933, as amended (the "Securities Act"),
of a Registration Statement of Form F-1 in relation to an offer by the Company
and certain Selling Shareholders (the "Offer") of an aggregate 36,432,000
ordinary shares of par value US$.0006 each (the "Common Shares") (including the
4,752,000 additional shares which are subject to an over allotment option). Of
the 36,432,000 Common Shares, 27,964,000 shares (including 1,584,000 shares
subject to an over-allotment option) are being offered by the Company (the
"Company Shares") and 8,468,000 shares (including 3,168,000 subject to an
over-allotment option) are being offered by the Selling Shareholders (the
"Selling Shareholder Shares").
Unless otherwise defined in this opinion or the Schedules to it, capitalised
terms have the meanings assigned to them in the Prospectus.
For the purposes of this opinion we have examined and relied upon the documents
listed (which, in some cases, are also defined) in Schedule I to this opinion
(the "Documents").
ASSUMPTIONS
In stating our opinion we have assumed:
(a) the authenticity, accuracy and completeness of all Documents
(including, without limitation, public records) submitted to us as
originals and the conformity to authentic original Documents of all
Documents submitted to us as certified, conformed, notarised or
photostatic copies;
(b) the genuineness of all signatures on the Documents;
<PAGE>
-2-
(c) the authority, capacity and power of each of the persons signing the
Documents (other than the Company); and
(d) that any factual statements made in any of the Documents are true,
accurate and complete.
OPINION
Based upon and subject to the foregoing and subject to the reservations set out
below and to any matters not disclosed to us, we are of the opinion that:
(1) The Company is an exempted company incorporated with limited liability
and existing under the laws of Bermuda and is in good standing under
the laws of Bermuda.
(2) The Company Shares have been duly authorised and when issued and paid
for as contemplated by the Prospectus will be duly authorised, validly
issued, fully paid and non-assessable.
(3) The Selling Shareholder Shares recorded in the Share Register of the
Company as fully paid, are duly authorised, validly issued, fully paid
and non-assessable shares of the Company.
RESERVATIONS
We have the following reservations:
(a) We express no opinions as to any law other than Bermuda law and none of
the opinions expressed herein relates to compliance with or matters
governed by the laws of any jurisdiction except Bermuda. This opinion
is limited to Bermuda law as applied by the Courts of Bermuda at the
date hereof.
(b) Where an obligation is to be performed in a jurisdiction other than
Bermuda, the courts of Bermuda may refuse to enforce it to the extent
that such performance would be illegal under the laws of, or contrary
to public policy of, such other jurisdiction.
(c) Any reference in this opinion to shares being "non-assessable" shall
mean, in relation to Common Shares for which the offer price pursuant
to the Offer has been satisfied in full, that no holder of the Common
Shares shall, in regard of such Common Shares, be obliged to contribute
further amounts to the capital of the Company, either in order to
complete payment for their shares, to satisfy claims of creditors of
the Company, or otherwise: and no shareholder shall be bound by an
alteration of the Memorandum of Association or Bye-laws of the Company
after the date on which he became a shareholder, if and so far as the
alteration requires him to take, or subscribe for additional shares, or
in any way
<PAGE>
-3-
increases his liability to contribute to the share capital of, or
otherwise to pay money to the Company.
DISCLOSURE
We consent to the filing of this opinion as an Exhibit to the Registration
Statement and to the reference to our firm in the Prospectus under the captions
"Legal Matters" and "Tax Considerations -Bermuda Tax Considerations and Taxation
of Shareholders - Bermuda Tax Considerations" in the Prospectus.
This opinion is governed by and is to be construed in accordance with Bermuda
law. This opinion covers matters herein expressed as of the date hereof only and
we assume no obligation to advise you of any changes which may hereafter be
brought to our attention.
Yours faithfully
/s/ Appleby, Spurling & Kempe
<PAGE>
-4-
THE SCHEDULE
1. An electronic copy of the Prospectus dated 8 February, 2000 relating to
the offering by the Company of up to 26,380,000 Common Shares and the
sale by the Selling Shareholders of up to 5,300,000 Common Shares
(excluding Exhibits) (the "Offering Memorandum") with an over-allotment
option for 4,752,000 Common Shares.
2. A faxed copy of Amendment No. 3 to the Registration Statement on Form
F1 (as filed with The Securities and Exchange Commission on 9 February
2000) with respect to the Company Shares and the Selling Shareholder
Shares (excluding Exhibits and the documents incorporated by
reference).
3. A certified copy of excerpts from the Minutes of the Meetings of the
Board of Directors of the Company held on the 13th January, 2000 and
Written Resolutions of the Board of Directors of the Company dated 8
February 2000 and the resolutions adopted at a General Meeting of the
Shareholders of the Company on 13th January, 2000 and Written
Resolutions of the Shareholders of the Company dated 9 February 2000
(the "Resolutions").
4. Certified copies of the Certificate of Incorporation, Memorandum of
Association, certified on 2 February 2000, and Bye-laws of the Company
certified on 9 February 2000 (the "Constitutive Documents").
5. A copy of a letter, dated the 8th February, 2000 evidencing the consent
of the Bermuda Monetary Authority to the issue by the Company of the
Company Shares and the transfer by the Selling Shareholders of the
Selling Shareholder Shares.
6. A copy of the Share Register of the Company.
7. A copy of an Officer's Certificate dated 9th February 2000 and issued
by Stuart Rubin as Assistant Secretary of the Company on which we have
relied for the purposes of our statements in opinion paragraphs 2 and
3.
<PAGE>
Exhibit 10.2
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------
PRESALE PROCEEDS SCHEDULE 1.1(a)
Invoiced
CSA Proceeds To Rebate Net Presale
Country Administration Amount Received Account Proceeds
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
UAE ETISALAT $41,263,000 $41,263,000 $41,263,000
- --------------------------------------------------------------------------------------------
China China Telecom $30,000,000 $25,000,000 $25,000,000
- --------------------------------------------------------------------------------------------
India VSNL $28,940,000 $0
- --------------------------------------------------------------------------------------------
UK C&W Comm(MCL) $26,352,800 $26,352,800 $26,352,800
- --------------------------------------------------------------------------------------------
USA AT&T $23,568,000 $23,568,000 $23,568,000
- --------------------------------------------------------------------------------------------
Germany DTAG $19,336,000 $19,336,000 $19,336,000
- --------------------------------------------------------------------------------------------
Hong Kong HKTI $18,658,850 $18,658,850 $18,658,850
- --------------------------------------------------------------------------------------------
Malaysia Telecom Malaysia $12,018,000 $12,018,000 $12,018,000
- --------------------------------------------------------------------------------------------
Japan IDC $10,854,300 $10,854,300 $1,703,250 $9,151,050
- --------------------------------------------------------------------------------------------
Korea Korea Telecom $9,818,775 $9,818,775 $9,818,775
- --------------------------------------------------------------------------------------------
Japan KDD $9,523,000 $9,523,000 $9,523,000
- --------------------------------------------------------------------------------------------
Iran TCI $8,595,000 $0
- --------------------------------------------------------------------------------------------
Thailand CAT $8,148,000 $8,148,000 $8,148,000
- --------------------------------------------------------------------------------------------
Spain Telefonica $9,279,982 $9,279,982 $1,279,982 $8,000,000
- --------------------------------------------------------------------------------------------
Italy Telecom Italia $9,350,798 $9,350,798 $1,558,448 $7,792,350
- --------------------------------------------------------------------------------------------
USA Sprint $6,495,000 $6,495,000 $6,495,000
- --------------------------------------------------------------------------------------------
Canada Teleglobe $5,730,000 $5,730,000 $5,730,000
- --------------------------------------------------------------------------------------------
USA MCI $5,230,000 $5,230,000 $5,230,000
- --------------------------------------------------------------------------------------------
Korea Dacom $5,050,000 $5,050,000 $5,050,000
- --------------------------------------------------------------------------------------------
Kuwait MOC Kuwait $5,045,000 $5,045,000 $5 045,000
- --------------------------------------------------------------------------------------------
Belgium Balgacom $4,143,000 $4,142,982 $4,142,982
- --------------------------------------------------------------------------------------------
Sweden Telia AB $4,034,000 $4,034,000 $4,034,000
- --------------------------------------------------------------------------------------------
Switzerland Swiss Telecom $3,960,000 $3,960,000 $3,960,000
- --------------------------------------------------------------------------------------------
Qatar QTEL $3,585,000 $3,564,980 $3,564,980
- --------------------------------------------------------------------------------------------
Australia Optus $3,375,000 $3,375,000 $3,375,000
- --------------------------------------------------------------------------------------------
Bahrain Batelco $3,345,000 $3,344,985 $3,344,985
- --------------------------------------------------------------------------------------------
Oman GTO $3,240,000 $3,240,000 $3,240,000
- --------------------------------------------------------------------------------------------
Russia Rostelecom $2,745,000 $2,744,983 $2,744,983
- --------------------------------------------------------------------------------------------
USA Viatel $2,720,000 $700,000 $540,000 $180,000
- --------------------------------------------------------------------------------------------
Morocco ONPT $2,688,000 $0
- --------------------------------------------------------------------------------------------
Eqypt Telecom Eqypt $2,809,400 $0
- --------------------------------------------------------------------------------------------
Hungary HTC $2,310,000 $2,310,000 $2,310,000
- --------------------------------------------------------------------------------------------
Poland Polish Tel. $2,225,000 $2,225,000 $2,225,000
- --------------------------------------------------------------------------------------------
Turkey TPTT $2,220,000 $2,220,000 $2,220,000
- --------------------------------------------------------------------------------------------
Ukraine UKRTEC $2,110,000 $2,109,985 $2,109,985
- --------------------------------------------------------------------------------------------
Malaysia Celcom $2,100,000 $2,100,000 $2,100,000
- --------------------------------------------------------------------------------------------
Philippines PLDT $1,890,000 $1,890,000 $1,890,000
- --------------------------------------------------------------------------------------------
Taiwan Chunghwa/ITDC $1,881,000 $1,881,000 $1,881,000
- --------------------------------------------------------------------------------------------
USA Facilicom $1,861,000 $1,853,991 $1,853,991
- --------------------------------------------------------------------------------------------
Netherlands NPTT $1,363,000 $1,363,000 $1,363,000
- --------------------------------------------------------------------------------------------
Philippines ICC $1,350,000 $0
- --------------------------------------------------------------------------------------------
Norway Norwegina Telecom $1,110,000 $1,110,000 $1,110,000
- --------------------------------------------------------------------------------------------
Austria PTA $860,000 $860,000 $860,000
- --------------------------------------------------------------------------------------------
Indonesia Satelindo $810,000 $809,958 $809,958
- --------------------------------------------------------------------------------------------
Korea ONSE $765,000 $0
- --------------------------------------------------------------------------------------------
Japan ITJ $750,000 $751,423 $1,423 $750,000
- --------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------
Invoiced
CSA Proceeds To Rebate Net Presale
Country Administration Amount Received Account Proceeds
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Malta Tetemalta $655,000 $0
- --------------------------------------------------------------------------------------------
Malaysia Measat $525,000 $525,000 $525,000
- --------------------------------------------------------------------------------------------
Bulgaria Bulgarian Tel. Co. $410,000 $410,000 $410,000
- --------------------------------------------------------------------------------------------
Monaco OMT $300,000 $300,000 $300,000
- --------------------------------------------------------------------------------------------
USA MFS $240,000 $240,000 $240,000
- --------------------------------------------------------------------------------------------
USA GTE Hawaii $210,000 $210,000 $210,000
- --------------------------------------------------------------------------------------------
USA IDB Worldcom $210,000 $221,528 $11,528 $21,000
- --------------------------------------------------------------------------------------------
Denmark Telecom Denmark $150,000 $149,983 $149,983
- --------------------------------------------------------------------------------------------
South Africa Telkom SA $145,000 $145,000 $145,000
- --------------------------------------------------------------------------------------------
Indonesia Indosat $125,000 $0
- --------------------------------------------------------------------------------------------
Tunisia Tunisia Telecom $l20,000 $119,968 $119,968
- --------------------------------------------------------------------------------------------
Kazakhstan Kazak. Telecom $115,000 $115,000 $15,000
- --------------------------------------------------------------------------------------------
Philippines ETPI $105,000 $105,000 $105,000
- --------------------------------------------------------------------------------------------
Gibraltar NYNEX Gibraltar $64,000 $63,990 $63,990
- --------------------------------------------------------------------------------------------
Romania Romtelecom $35,000 $34,980 $34,980
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
TOTAL: $356,694,905 $303,953,239 $5,094,631 $298,858,509
- --------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
FLAG Cable System Configuration
[GRAPHIC OMITTED]
<PAGE>
Schedule 1.1(c)
Present Value Coverage Ratios
I. PRESENT VALUE COVERAGE RATIOS
The "Present Value Coverage Ratios" shall be the collective reference to
the Loan Life Coverage Ratio and the Note Life Coverage Ratio (each as
defined Part IV of the Schedule).
II. INFORMATION REQUIRED TO CALCULATE THE PRESENT VALUE COVERAGE RATIOS
As set forth in the Credit Agreement, the Present Value Coverage Ratios
will be calculated by the Borrower quarterly, at the end of each calendar
quarter, using a quarterly financial model (the "Compliance Model")
acceptable to the Administration Agent.
The data required to perform the quarterly calculations of the Present
Value Coverage Ratios includes the following:
(i) The Capacity in MTUs planned to be sold in each calendar year
staring in 1998 (the "Plan Annual Capacity Sales") over the first ten
years of operation in accordance with the FLAG Business Plan on a route by
route basis. Quarterly sale of Capacity in MTUs (the "Plan Quarterly
Capacity Sales") will be assumed equal to 25% of Plan Annual Capacity
Sales within each such calendar year.
(ii) The standby maintenance payment schedule (the "Closing Standby
Schedule") and all Capacity pricing schedules corresponding to various
cumulative sales amounts per customer (the "Closing Pricing Schedule") to
be provided on the Closing Date, specifying such amounts on a route by
route basis.
(iii) Then current standby maintenance payment schedule and Capacity
pricing schedules as of such calendar quarter, which schedules must be
consistent with actual amounts reflected in recently executed Capacity
Sales Agreements and other types of sales and leases (the "Current Pricing
Schedules").
(iv) The amount of Capacity in MTUs disposed of in the prior quarter
(as evidenced by executed Capacity Sales Agreements and other documents),
together with the Segments, Capacity prices or lease payments, Standby
Maintenance Payment rates, and payment dates related thereto and, after
giving effect to such sales of Capacity the amount of Capacity in MTUs
remaining to be sold on each Segment.
<PAGE>
(v) The projected Operating Budget in each year (the "Annual
Operating Budget") over the first ten years of operation in accordance
with the FLAG Business Plan. The quarterly Operating Budget (the
"Quarterly Operating Budget") will be assumed to equal to 25% of the
Annual Operating Budget within each such calendar year.
III. ASSUMPTIONS
Pro forma assumptions used in the calculation of the Present Value
Coverage Ratios include the following:
(i) To the extent revenues are not realized or not expected to be
realized when due, corresponding gross revenue reductions will be
introduced through a "bad debt factor" as a percentage of such revenues in
each succeeding quarter.
(ii) Prospective operating expenses and permitted capital
expenditures will be calculated based upon the initial Operating Budget
and operating projections delivered on the Closing Date in accordance with
Sections 4.1(u) and 4.1(ac) of the Credit Agreement. To the extent prior
actual operating expenses or capital expenditures had been overestimated
or underestimated relative to the prospective corresponding amounts
provided on the Closing Date, corrections will be introduced through
"calibration factors" which will be applied prospectively in succeeding
quarters. Such calibration factors will be calculated as the ratio of the
aggregate corresponding amounts paid during the prior four quarters (or
such shorter period during the first four quarters after closing) to the
corresponding assumed amounts in the schedules delivered on the Closing
Date.
(iii) Restoration sales and leasing revenues will be based upon
actual I contracts executed. Contracts for restoration sales must be
acceptable to the Administrative Agent for this purpose.
(iv) Unearned revenue movement (net of credits utilized) will be
aggregated each quarter until fully utilized.
(v) Initial rates for Landing Party commissions and discount sales
commissions, and bad debts will be set at 3.1%, 3.0%, 3.0%, respectively
of gross capacity sales and the initial rate for taxes will be set at 5.0%
of the consolidated EBITDA, until historical data is available to
appropriately introduce modifications.
IV. OTHER DEFINITIONS, CALCULATION METHODOLOGY
"Loan Life Coverage Ratio" shall mean, at any quarterly calculation
date, the ratio of (x) the net present value of Projected Cash Available
for Debt Service until the Maturity Date (discounted by the then current
interest rate on the Term Loans) (y) the Loan Life Outstanding Debt.
2
<PAGE>
"Loan Life Outstanding Debt" shall mean, at any quarterly
calculation date, the sum of (a) the aggregate principal amount of the
Term Loans and Revolving Credit Loans then outstanding, and (b) the net
present value of scheduled debt service on the Senior Unsecured Notes,
including interest and the repayment of principal, discounted by the
coupon rate on the Senior Unsecured Notes to the Maturity Date.
"Note Life Coverage Ratio" shall mean, at any quarterly calculation
date, the ratio of (x) the net present value of the Projected Cash
Available for Debt Service until the final maturity of the Senior
Unsecured Notes (discounted by the then current interest rate on the Term
Loans) to (y) the Note Life Outstanding Debt.
"Note Life Outstanding Debt" shall mean, at any quarterly
calculation date, the sum of (a) the aggregate principal amount of the
Term Loans and Revolving Credit Loans then outstanding and (b) the then
aggregate outstanding amount of the Senior Unsecured Notes.
"Projected Cash Available for Debt Service" shall mean, in each
quarter, an amount equal to the sum of (a) the Projected Quarterly
Capacity Revenues (after unearned revenue movement and after payment of
Landing Party commissions and discounts, sales commissions, provisions for
bad debt, taxes) from the sale of Capacity, net of any amount subject to a
rebate obligation, plus (b) prospective quarterly Restoration Payments as
evidenced by executed contracts acceptable to the Administrative Agent,
net of any amount subject to a rebate obligation, plus (c) prospective
quarterly revenue from other executed contracts (including the leasing of
Capacity), net of any amount subject to a rebate obligation, plus (d)
Projected Quarterly Standby Maintenance Payments reduced by the amount of
such Standby Maintenance Payments which are no longer payable as a result
of any reconfiguration of the FLAG System, minus (e) prospective quarterly
cash expenses (net of repair maintenance expenses and restoration expenses
reimbursable by third parties) made in accordance with the Quarterly
Operating Budget and permitted capital expenditures (excluding capital
expenditures provided for with the Capital Expenditure Account, and other
cash payment obligations of Borrower.
"Projected Quarterly Capacity Revenues" in each succeeding quarter
will equal the sum of the product for each route of the Projected
Quarterly Capacity Sales, the Selected Current Pricing Schedule (as
modified prospectively), the Pricing Calibration Factor, and the Capacity
Bad Debt Factor, as more fully described below.
"Projected Quarterly Capacity Sales (in MIUs)" will be derived by
reducing Plan Quarterly Capacity Sales (in MIUs) during each succeeding
quarter (in forward order depletion) on a route by route basis by the
excess amount, if any, of the sum of the following amounts over the
cumulative capacity sales contained in the Plan Quarterly Capacity Sales:
(a) cumulative capacity previously sold (excluding the MIUs corresponding
to the Pre-Sales), (b) cumulative capacity leased, whether directly or on
a deferred basis (such leased capacity will be reinstated upon termination
of the lease with no purchase options assumed exercised), (c) cumulative
unused capacity credits and rebates available (excluding capacity
corresponding to the unearned
3
<PAGE>
revenue movement), and (d) capacity which can no longer be sold as a
result of possible System reconfiguration, segment saturations, and other
causes which lead to the reduction or unavailability of sellable unsold
capacity inventory.
The Projected Quarterly Capacity Sales (in MIUs) are then multiplied by
the Current Pricing Schedule corresponding to the $40 to $49 million
cumulative investment (the "Selected Current Pricing Schedule"), reduced
prospectively by the following factors in order to derive the "Calculated
Capacity Sales Revenues" in each succeeding quarter on a route-by-route
basis: (a) prospectively and incrementally for each quarter by the
quarterly percentage price reduction, if any, acrually experienced since
the Closing Date (i.e., the "nth" root of the ratio of the current price
per route in the Selected Current Pricing Schedule divided by the
corresponding price per route in the Closing Pricing Schedules, where "n"
is the number of quarters since the Closing Date) and (b) consistent with
the CSMG Study and the derivation of the FLAG Business Plan, by 25% for
prospective quarters starting the first quarter of 2003.
The Calculated Capacity Sales Revenues on a route-by-route basis in each
succeeding quarter will then be multiplied by the Pricing Calibration
Factor and the Capacity Bad Debt Factor in each succeeding period. The
Pricing Calibration Factor will be calculated as the ratio of the
aggregate Calculated Capacity Sales Revenues during the prior four
quarters (or such shorter period during the first four quarters after
closing) to the cumulative sales revenue amount on the corresponding
Capacity Sales Agreements during such period. The Capacity Bad Debt Factor
will initially be assumed to be 3% and will be revised over time as the
ratio of the cumulative sales revenue amount on the Capacity Sales
Agreements actually paid in cash when due during the prior four quarters
(or such shorter period during the first four quarters after closing) to
the cumulative sales revenue amount on the corresponding Capacity Sales
Agreements during such period.
4
<PAGE>
"Projected Standby Maintenance Payments" in each succeeding quarter
will equal the sum of the product for each route of (a) cumulative
Projected Quarterly Capacity Sales (in MIUs, less such capacity sales
offered without an obligation to pay Standby Maintenance Payments, if any)
plus the MIUs corresponding to Presale Proceeds, (b) the Current Pricing
Schedule for standby maintenance payments, modified prospectively and
incrementally for each quarter by the quarterly percentage price
reduction, if any, actually experienced since the Closing Date (i.e., the
"nth" root of the ratio of the current price per route in the Current
Pricing Schedule divided by the corresponding price per route in the
Closing Pricing Schedule, where "n" is the number of quarters since the
Closing Date), (c) the Standby Calibration Factor, calculated as the ratio
of the aggregate Calculated Standby Maintenance Payments (equal to the
product of the above two factors) during the prior four quarters (or such
shorter period during the first four quarters after closing) to the
cumulative sales revenue amount billed during such period, and (d) the
Standby Bad Debt Factor, which will initially be assumed to be 3% and will
be revised over time as the ratio of the cumulative standby maintenance
payments actually paid when due during the prior four quarters (or such
shorter period during the first four quarters after closing) to the
cumulative standby maintenance payments billed (equal to the product of
the above three factors) during such period.
5
<PAGE>
Schedule 2.1 to
Credit Agreement
Commitments: Addresses
Term Loan Revolving Credit
Lender Commitment ($) Commitment ($)
------ -------------- --------------
Barclays Bank PLC 105,179,054.05 20,945,945.95
222 Broadway
New York, NY 10038
Attn: Mr. Peter Yetman
Tel: 212-412-7683
Fax: 212-412-7511
Gulf International Bank B.S.C. 12,972,972.97 2,027,027.03
380 Madison Avenue - 21st Floor
New York, NY 10017
Attn: Mr. Thomas E. Fitzherbert
Vice President
Tel: 212-922-2320
Fax: 212-922-2339
Dresdner Bank AG 21,621.621.62 3,378,378.38
New York and Grand Cayman
Branches
75 Wall Street
New York, NY 10005
Attn: Mr. Robert Grella
Vice President
Tel: 212-429-2252
Fax: 212-429-2129
<PAGE>
2
Merrill Lynch Senior Floating Rate 20,000,000.00 -0-
Fund. Inc.
800 Scudders N4 ill Road - Area 2C
Princeton. NJ 08543-9011
Attn: Ann Marie Smith
Tel: 609-282-3 136/41 65
Fax: 609-282-3542
8,648,648.65 1,351,351.35
Bank Brussels Lambert,
New York Branch
630 Fifth Avenue
New York, NY 10111
Attn: Neil McMorrow / Sandra Zafra
Tel: 212-632-5312/5304
Fax: 212-333-5786
Australia and New Zealand Banking 21,621,621.62 3,378,378.38
Group Limited
1177 Avenue of the Americas
New York. NY 10036-2798
Attn: Robert V. Botschka
Tel: 212-801-9883
Fax: 212-801-9131
Westdeutsche Landesbank Girozentrale, 21,621,621.62 3.378,378.38
New York Branch
1211 Avenue of the Americas
New York. NY 10036
Attn: Ralph R. White
Tel: 212-852-6096
Fax: 212-852-6307
<PAGE>
3
Landesbank Sachsen Girozentrale 15,496,621.62 3,378,378.38
Humboldtstr. 25
D-04105 Leipzig
Attn: Hans-Peter Kochs
Department 314
Tel: 01 1-49-341-979-3313
Fax: 011-49-341-979-3309
BHF-BANK AG. New York Branch 34,594,594.59 5,405,405.41
590 Madison Avenue
New York. NY 10022-2540
Attn: Ms. Heidi Skor
Tel: 212-756-5938
Fax: 212-756-5536
The Sumitomo Trust & Banking 21,621,621.62 3,378,378.38
Co., Ltd., New York Branch
527 Madison Avenue
New York, NY 10022
Attn: Glenda B. Francis
Tel: 212-326-0558
Fax: 212-418-4848
Helaba Dublin Landesbank 21,621,621.62 3,378,378.38
Hessen-Thuringen International
420 Fifth Avenue
New York, NY 10018-2729
Attn: Michael Novack
Assistant Vice President
Tel: 212-703-5224
Fax: 212-703-5256
Octagon Credit Investors Loan 15,000,000.00 -0-
Portfolio, a unit of The Chase
Manhattan Bank
380 Madison Avenue, 12th Fl.
New York, NY 10017
Attn: Andrew Gordon
Tel: 212-622-3064
Fax: 212-622-3797
<PAGE>
Schedule 2.7(b) to
Credit Agreement
Term Loan Amortation; Principal Payment Dates
Principal Payment Date Contractual Amortization (US$)
---------------------- ------------------------------
April 30, 1998 0
July 30, 1998 0
October 30, 1998 0
January 30, 1999 0
April 30, 1999 320,000
July 30, 1999 320,000
October 30, 1999 320,000
January 30, 2000 320,000
April 30, 2000 3,040,000
July 30, 2000 3,040,000
October 30, 2000 3,040,000
January 30, 2001 3,040,000
April 30, 2001 6,720,000
July 30, 2001 6,720,000
October 30. 2001 6,720,000
January 30, 2002 6,720,000
April 30, 2002 16,960,000
July 30, 2002 16,960,000
October 30, 2002 16,960,000
January 30, 2003 16,960,000
April 30, 2003 26,640,000
July 30, 2003 26,640,000
October 30, 2003 26,640,000
January 30, 2004 26,640,000
April 30, 2004 26,320,000
July 30, 2004 26,320,000
October 30, 2004 26,320,000
January 30, 2005 26,320,000
<PAGE>
SCHEDULE 3.6(a) (page 1 of 2)
FLAG LIMITED
CAPITALIZATION
AS OF SEPTEMBER 30, 1997
(UNAUDITED)
(000'S)
September 30,
1997
-------------
Total Long-term debt - Old Credit Facility $ 615,087
Preferred stock 127,216
Shareholders' equity
Class A common shares, $.0001 par value 13
Class B common shares, $.0001 par value 48
Additional paid in capital (see attached) 463,630
Accumulated deficit (79,549)
----------
Total shareholders' equity 384,142
----------
Total capitalization $1,126,445
==========
<PAGE>
Page 2 of Schedule 3.6(a)
<TABLE>
<S> <C> <C>
Aggregate number of shares of Class A Common Stock
Outstanding as of the Closing Date 132,000,000
NYNEX Network Systems Company 31,200,000
Rathburn Limited 62,400,000
Marubeni Telecom Development Limited 12,000,000
Gulf Associates Communications, Limited 26,400,000
Aggregate number of shares of Class B Common Stock
Outstanding as of the Closing Date -- 565,858,740
NYNEX Network Systems Company 223,000,410
Rathburn Limited 103,341,643
K.I.N. (Thailand) Company Limited 108,780,685
Marubeni Telecom Development Limited 54,390,342
The Asian Infrastructure Fund 54,390,342
AT&T Capital Corporation 5,488,829
GE Capital Project Finance VI Ltd. 16,466,489
Aggregate number of shares of Preferred Stock
Outstanding as of the Closing Date (before
giving effect to the consummation of the Refinancing) -- 1,306,428,578
AT&T Capital Corporation 321,529,936
GE Capital Project Finance VI Ltd. 984,898,642
</TABLE>
<PAGE>
FLAG Limited
Analysis of Class A Shares (Common)
as at December 31, 1997
(par value 0.0001 per share)
<TABLE>
<CAPTION>
G.E. AT&T
NYNEX Gulf Associates DALLAH MARUBENI AIF TH Capital Capital TOTAL
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TOTAL "A" Shares Held
as at 12/31/94 31,200,000 26,400,000 62,400,000 12,000,000 0 0 0 0 132,000,000
1995 ACTIVITY
no activity in 1995
TOTAL "A" Shares Held
as at 12/31/95 31,200,000 26,400,000 62,400,000 12,000,000 0 0 0 0 132,000,000
1996 ACTIVITY
no activity in 1996
TOTAL "A" Shares Held
as at 12/31/96 31,200,000 26,400,000 62,400,000 12,000,000 0 0 0 0 132,000,000
1997 ACTIVITY
no activity in 1997
TOTAL "A" Shares Held
as at 12/31/97 31,200,000 26,400,000 62,400,000 12,000,000 0 0 0 0 132,000,000
</TABLE>
<PAGE>
SCHEDULE 3.6(a)
FLAG Limited
Analysis of Class B Common Shares
Additional Paid in Capital
<TABLE>
<CAPTION>
FUNDING SHARES ($1/share) NON-FUNDING
BELL GE
ATLANTIC DALLAH MARUBENI AIF TH Capital Corp.
<S> <C> <C> <C> <C> <C> <C>
Total B Shares 85,399,288 39,575,270 20,829,093 20,629,093 41,658,186 231
Pd for @ 12/31/96
% Funded 41.00% 19.00% 10.00% 10.00% 20.00% 0.00%
1997 ACTIVITY
1997 Capital Calls
funded to 09/30/97 106,600,000 49,400,000 26,000,000 26,000,000 52,000,000 0
% Funded 41.00% 10.00% 10.00% 10.00% 20.00% 0.00%
Total B Shares
Pd for @ 09/30/97 191,999,288 86,975,270 46,829,093 46,829,093 93,658,186 231
% Funded 41.00% 10.00% 10.00% 10.00% 20.00% 0.00%
Less: Par Value 19,200 8,898 4,683 4,863 9,366 1,211
Additional Paid in Capital 191,980,088 88,966,372 46,824,410 46,824,410 93,646,820 (980)
Less:
Payments made to Gulf Associates
Unfunded Par Value
of Class A Common
Shares
Additional Paid in Capital
as at Sept 30, 1997
<CAPTION>
NON-FUNDING
Total
AT&T Pd in Capital Total #
Capital Corp. $ Shares o/s
<S> <C> <C> <C>
Total B Shares 77 208,291,238 215,485,946
Pd for @ 12/31/96
% Funded 0.00% 100.00% 0.00%
1997 ACTIVITY
1997 Capital Calls
funded to 09/30/97 0 260,000,000 268,956,243
% Funded 0.00% 100.00%
Total B Shares
Pd for @ 09/30/97 77 488,291,238 484,422,189
% Funded 0.00% 100.00%
Less: Par Value 402 48,443
Additional Paid in Capital (325) 468,242,795
Less:
Payments made to Gulf Associates (4,600,000)
Unfunded Par Value
of Class A Common
Shares (13,200)
Additional Paid in Capital
as at Sept 30, 1997 463,629,595 484,422,189
</TABLE>
<PAGE>
SCHEDULE 3.6(b)
SUBSIDIARIES
None.
<PAGE>
ITALY
Wayleave to use existing ducts issued by Telecom Italia
EGYPT
Right of Way issued by ARENTO for Alexandria Duct Wayleave issued by ARENTO for
Alexandria Duct
HONG KONG
Wayleave for Duct Route issued by District Lands Office
CHINA
Land Cable Route Permit issued by Shanghai City Planning and Design Institute
Permit for connect Cable Route issued by Shanghai Long Distance
Telecommunications Administration
KOREA
Approval of system provision and installation issued by Ministry of Information
and Communications Use Permit issued by National Parks Authority
JAPAN
Notice for use of Public Waters issued by Ministry of Posts and
Telecommunications (see a floor occupation)
Permits for Water Use issued by Kanagawa Prefecture (cable route easement within
Japanese territorial waters)
Permits for Water Use issued by Tokyo Metropolitan Prefecture (cable route
easement within Japanese territorial Waters)
Permit for Water Time issued by Kagoshima Prefecture (cable route easement
within Japanese territorial waters)
Permit for Water Use Issued by Nagasaki Prefecture (cable route easement within
Japanese territorial waters)
Permit for Occupation on Seashore Preservation Area issued by Civil Work Office
of Kanagawa Prefecture (cable route easement at shoreline)
4
<PAGE>
PIPELINE AND POWER CABLE CROSSING AGREEMENTS
Type of Agreement Company
- ----------------- -------
Pipeline Crossing Agreement EMPL, Madrid
Power Cable Crossing Agreement Red Electrica, Madrid
Pipeline Crossing Agreement EGPC/GUPCO, Cairo
Other Domestic Permits, Wayleaves and Rights of Way Landing Parties are required
to obtain and maintain pursuant to Sub-Paragraph 18.2 of the C&MA, which states
that "each Landing Party Signatory.... will for the duration of this Agreement
maintain all such Licenses in full farce and effect and will obtain or grant and
maintain all such additional Licenses as may at any time hereafter be required
in its Country for the construction, operation and maintenance of the FLAG Cable
System." Examples of Licenses are listed in Appendix B of the C&MA, "FLAG Cable
System Initial Costs in Addition to Costs Arising under the Supply Contract", as
follows: I
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------
PERFORMANCE INITIAL COST
ITEM # DESCRIPTION RESPONSIBILITY RESPONSIBILITY
- ---------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------
<S> <C> <C> <C>
4 Permission in Principle or License LANDING PARTIES LANDING PARTIES
to operate FLAG Cable System in the
respective countries of the Landing
Parties
- ---------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------
5 Licenses and Permits associated LANDING PARTIES LANDING PARTIES
with Segment "T" (including Building
and Real Estate Permits, Rights of
Way for land cable route between cable
station and beach joint)
- ---------------------------------------------------------------------------------------
</TABLE>
Licenses and Permits which must be obtained and maintained by the Landing
Parties pursuant to Item #5 above include, but are not limited to, the
following:
UNITED KINGDOM
Wayleave issued by Crown Estates Commission
Wayleave issued by Duchy of Cornwall
Consent of Cable & Wireless (public highway)
Consent of St. Levan Parish Council (playing field)
5
<PAGE>
ROUTE PERMIT NOTIFICATIONS
Permit Description Agency Notified
- ------------------ ---------------
Notification France Ministry of Foreign Affairs
Notification Portugal Ministry of Foreign Affairs
Notification Morocco Ministry of Foreign Affairs
Notification Algeria Ministry of Foreign Affairs
Notification Greece Ministry of Foreign Affairs
Notification Sudan Ministry of Foreign Affairs
Notification Eritrea Ministry of Foreign Affairs
Notification Yemen Ministry of Foreign Affairs
Notification Oman Ministry of Foreign Affairs
Notification Sri Lanka Ministry of Foreign Affairs
Notification Philippines Ministry of Foreign Affairs
ROUTE PERMITS
Permit Description Issuing Authority
- ------------------ -----------------
Greece Route Permit Ministry of Foreign Affairs
Oman Route Permit Ministry of Foreign Affairs
Cable Laying Permit Vietnam DGPT
Route Permit/Notification Taiwan Ministry of Foreign Affairs
2
<PAGE>
SCHEDULE 3.7(b)
LANDING LICENSE OR PERMISSION IN PRINCIPLE
IN LANDING COUNTRY
Permit Description Issuing Authority
- ------------------ -----------------
Landing License, or Permission in UK Department of Transport
Principal (UK)
Landing License, or Permission in Egypt Government (contained in Landing
Principal (Egypt) Party Agreement)
Landing License, or Permission in Thailand Government
Principal (Thailand)
Landing License, or Permission in Ministry of Energy, Telecommunications
Principal (Malaysia) and Post, Malaysia
Landing License, or Permission in Office of Telecom Authorities
Principal (Hong Kong)
Landing License, or Permission in Ministry of Information and
Principal (Korea) Communication
Landing License, or Permission in Ministry of Posts and
Principal (Miura) Telecommunications
Landing License (China) PRC State Planning Committee
Permission in Principle to Sign C&MA Spain Government Authorities
and Participate in FLAG Project
Verification of Concession Italy Ministero P.P.T.T.
UAE Landing License Fujairah Municipality
India Landing License Government of India, Department of
Telecommunications
Landing License, or Permission Ministry of Pools and
Principle (Ninomiya) Telecommunications
<PAGE>
SCHEDULE 3.9
LITIGATION
1. Mr. Neil Tagare, a former consultant to Bell Atlantic Network Systems
(Bermuda) Limited, the marketing agent for the Company, filed suit in 1996
against the Borrower and others in U.S. District Court for the Southern
District of New York, alleging that the defendants, inter alia, violated
the federal and New York laws prohibiting employment discrimination by
mistreating him on the basis of race and ethnicity. Mr. Tagare sought
damages of $1.8 million in bonuses which Mr. Tagare states were owed him
under his employment contract, and incidental damages, damages for
emotional distress and punitive damages in unspecified amounts. On
December 8, 1997, summary judgment was entered by Judge William C. Conner
in favor of the defendants on all claims, and on January 9, 1998, Mr.
Tagare filed a notice of appeal.
The Borrower has received a full indemnity from BA Worldwide Services
Group, Inc., a wholly-owned subsidiary of Bell Atlantic Corporation,
against Mr. Tagare's claims.
2. Ms. Judy Ming-Mussenden, a former employee of the Borrower, has threatened
to file suit for wrongful termination. The amount claimed is $132,000. The
Borrower has been negotiating with Ms. Ming-Mussenden to settle the claim.
The settlement amount currently being proposed by the claimant is
substantially less than $132,000.
<PAGE>
<TABLE>
<CAPTION>
=======================================================================================================================
Party Place of Filing Collateral Covered
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Marubeni Telecom Development Westchester County, All shares of capital stock, notes, and instruments
Ltd. New York County, issued by FLAG Limited and its successors, now owned
New York Secretary of State or hereafter acquired by the pledgor, and all of the
pledgor's rights and privileges with respect thereto,
and all income and profits thereon. and all dividends
and other payments and distributions with respect
thereto, and all proceeds and products of the
foregoing.
- -----------------------------------------------------------------------------------------------------------------------
Rathburn Ltd. Westchester County, All shares of capital stock, notes, and instruments
New York County, issued by FLAG Limited and its successors. now owned
New York Secretary of State or hereafter acquired by the pledgor, and all of the
pledgor's rights and privileges with respect thereto,
and all income and profits thereon. and all dividends
and other payments and distributions with respect
thereto, and all proceeds and products of the
foregoing.
=======================================================================================================================
</TABLE>
<PAGE>
SCHEDULE 3.11(b)
COLLATERAL RECORDINGS AND FILINGS
PART A: UCC FILINGS IN
THE UNITED STATES
<TABLE>
<CAPTION>
=======================================================================================================================
Party Place of Filing Collateral Covered
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
FLAG Limited Westchester County, Accounts, chattel paper, contract rights, general
New York County, intangibles and documents now owned or hereafter
New York Secretary of State acquired, including all proceeds of the foregoing.
- -----------------------------------------------------------------------------------------------------------------------
NYNEX Network Systems Westchester County, All shares of capital stock. notes. and instruments
Company New York County, issued by FLAG Limited and its successors, now owned
New York Secretary of State, or hereafter acquired by the pledgor, and all of the
Delaware Secretary of State pledgor's rights and privileges with respect thereto,
and all income and profits thereon, and all dividends
and other payments and distributions with respect
thereto, and all proceeds and products of the
foregoing.
=======================================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
=======================================================================================================================
Party Place of Filing Collateral Covered
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
GE Capital Project Finance VI Westchester County, All shares of capital stock, notes, and instruments
Limited New York Country, issued by FLAG Limited and its successors, now owned
New York Secretary of State, or hereafter acquired by the pledgor, and all of the
Stamford, Connecticut, pledgor's rights and privileges with respect thereto,
Connecticut Secretary of State and all income and profits thereon, and all dividends
and other payments and distributions with respect
thereto, and all proceeds and products of the
foregoing.
- -----------------------------------------------------------------------------------------------------------------------
AT&T Capital Corporation Westchester County, All shares of capital stock, notes, and instruments
New York County, issued by FLAG Limited and its successors, now owned
New York Secretary of State, or hereafter acquired by the pledgor, and all of the
Delaware Secretary of State, pledgor's rights and privileges with respect thereto,
Morris County, New Jersey, and all income and profits thereon, and all dividends
New Jersey Secretary of State and other payments and distributions with respect
thereto, and all proceeds and products of the
foregoing.
=======================================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
=======================================================================================================================
Party Place of Filing Collateral Covered
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Asian Infrastructure Fund Westchester County, All shares of capital stock, notes, and instruments
New York County, issued by FLAG Limited and its successors, now owned
New York Secretary of State or hereafter acquired by the pledgor, and all of the
pledgor's rights and privileges with respect thereto,
and all income and profits thereon, and all dividends
and other payments and distributions with respect
thereto, and all proceeds and products of the
foregoing.
- -----------------------------------------------------------------------------------------------------------------------
K.I.N. (Thailand) Company Ltd. Westchester County, All shares of capital stock, notes, and instruments
New York County, issued by FLAG Limited and its successors, now owned
New York Secretary of State or hereafter acquired by the pledgor, and all of the
pledgor's rights and privileges with respect thereto,
and all income and profits thereon, and all dividends
and other payments and distributions with respect
thereto, and all proceeds and products of the
foregoing.
=======================================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
======================================================================================================================
Document Nature or Nature of
Charge Filing
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Pledge Agreement, dated as of January 28, A first priority security interest With the Registrar of Companies in
1998, betweeen Rathburn Ltd. and in favor of the Collateral Trustee Bermuda pursuant to Section 55(1)
International Trust Company of Bermuda for the benefit of the secured of the Companies Act 1981, of
Ltd., as Collateral Trustee parties in the Pledged Securities Bermuda
and in all of its rights and in
all interest dividends and other
payments with respect thereto and
in all shares of FLAG issued to
Pledgor and in any note or
indebtedness
- ----------------------------------------------------------------------------------------------------------------------
Pledge Agreement, dated as of January 28, A first priority security interest With the Registrar of Companies in
1998, between Asian Infrastructure Fund in favor of the Collateral Trustee Bermuda pursuant to Section 55(1)
and International Trust Company of for the benefit of the secured of the Companies Act 1981, of
Bermuda Ltd., as Collateral Trustee parties in the Pledged Securities Bermuda
and in all of its rights and in
all interest dividends and other
payments with respect thereto and
in all shares of FLAG issued to
Pledgor and in any note or
indebtedness
- ----------------------------------------------------------------------------------------------------------------------
Pledge Agreement, dated as of January 28, A first priority security interest With the Registrar of Companies in
1998, between K.I.N. (Thailand) Company in favor of the Collateral Trustee Bermuda pursuant to Section 55(1)
Ltd. and International Trust Company of for the benefit of the secured of the Companies Act 1981, of
Bermuda Ltd., as Collateral Trustee parties in the Pledged Securities Bermuda
and in all of its rights and in
all interest dividends and other
payments with respect thereto and
in all shares of FLAG issued to
Pledgor and in any note or
indebtedness
======================================================================================================================
</TABLE>
<PAGE>
PART B: CHARGES FILED IN BERMUDA
<TABLE>
<CAPTION>
======================================================================================================================
Document Nature or Nature of
Charge Filing
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Security Agreement, dated as of January 28, A first priority security interest With the Registrar of
1998. made by FLAG Ltd. in favor of in all right, title, and interest Companies in Bermuda
International Trust Company of Bermuda of FLAG in, to, and under the pursuant to Section 55(1)
Ltd., as Collateral Trustee Collateral as defined in the of the Companies Act 1981,
Agreement) in favor of the of Bermuda
Collateral Trustee for the Secured
Parties
- ----------------------------------------------------------------------------------------------------------------------
Pledge Agreement, dated as of January 28, A first priority security interest With the Registrar of
1998, between NYNEX Network Systems in favor of the Collateral Trustee Companies in Bermuda
Company and International Trust Company for the benefit of the secured pursuant to Section 55(1)
of Bermuda Ltd.. as Collateral Trustee party in the Pledged Securities of the Companies Act 1981,
and in all of its rights and of Bermuda
privileges thereon, and in all
interest, dividends and other
payments with respect thereto and
in all shares of FLAG issued to
Pledgor and in any note or
indebtedness
- ----------------------------------------------------------------------------------------------------------------------
Pledge Agreement, dated as of January 28, A first priority security interest With the Registrar of
1998, between Marubeni Telecom in favor of the Collateral Trustee Companies in Bermuda
Development Ltd. and International Trust for the benefit of the secured pursuant to Section 55(1)
Company of Bermuda Ltd., as Collateral parties in the Pledged Securities of the Companies Act 1981,
Trustee and in all of its rights and of Bermuda
privileges thereon, and in all
interest, dividends and other
payments with respect thereto and
in all shares of FLAG issued to
Pledgor and in any note or
indebtedness
======================================================================================================================
</TABLE>
<PAGE>
PART C: OTHER RELEVANT FILINGS
<TABLE>
<CAPTION>
======================================================================================================================
Party Place of Filing Collateral Covered
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Rathburn Ltd. Register of Mortgages and Charges All shares of capital stock,
maintained at Rathburn in the notes, and instruments issued by
British Virgin Islands, Companies FLAG Limited and its successors,
Registry of the British Virgin now owned or hereafter acquired by
Islands the pledgor, and all of the
pledgor's rights and privileges
with respect thereto, and all
income and profits thereon, and
all dividends and other payments
and distributions with respect
thereto, and all proceeds and
products of the foregoing.
- ----------------------------------------------------------------------------------------------------------------------
K.I.N. (Thailand) Company Ltd. Share register of FLAG maintained All shares of capital stock,
in Bermuda notes, and instruments issued by
FLAG Limited and its successors,
now owned or hereafter acquired by
the pledgor, and all of the
pledgor's rights and privileges
with respect thereto, and all
income and profits thereon, and
all dividends and other payments
and distributions with respect
thereto, and all proceeds and
products of the foregoing.
======================================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
======================================================================================================================
Document Nature or Nature of
Charge Filing
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Pledge Agreement, dated as of January 28, A first priority security interest With the Registrar of Companies in
1998, between GE Capital Project Finance in favor of the Collateral Trustee Bermuda pursuant to Section 55(1)
VI Ltd. and International Trust Company of for the benefit of the secured of the Companies Act 1981, of
Bermuda Ltd., as Collateral Trustee parties in the Pledged Securities Bermuda
and in all of its rights and
privileges thereon, and in all
interest, dividends and other
payments with respect thereto and
in all shares of FLAG issued to
Pledgor and in any note or
indebtedness
- ----------------------------------------------------------------------------------------------------------------------
Pledge Agreement, dated as of January 28, A first priority security interest With the Registrar of Companies in
1998, between AT&T Capital Corporation in favor of the Collateral Trustee Bermuda pursuant to Section 55(1)
and International Trust Company of for the benefit of the secured of the Companies Act 1981, of
Bermuda Ltd., as Collateral parties in the Pledged Securities Bermuda
Trustee and in all of its rights and
privileges thereon, and in all
interest, dividends and other
payments with respect thereto and
in all shares of FLAG issued to
Pledgor and in any note or
indebtedness
======================================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
======================================================================================================================
Party Place of Filing Collateral Covered
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Asian Infrastructure Fund Register of Mortgages and Charges All shares of capital stock,
maintained at AIF in the Cayman notes, and instruments issued by
Islands FLAG Limited and its successors,
now owned or hereafter acquired by
the pledgor, and all of the
pledgor's rights and privileges
with respect thereto, and all
income and profits thereon, and
all dividends and other payments
and distributions with respect
thereto, and all proceeds and
products of the foregoing.
======================================================================================================================
</TABLE>
<PAGE>
10. Landing Party Agreement between FLAG Limited and Telecom Italia, S.p.A.
11. Landing Party Agreement between FLAG Limited and Korea Telecom.
12. Landing Party Agreement between FLAG Limited and Telefonica de Espana.
13. Landing Party Agreement between FLAG Limited and Telekom Malaysia Berhad.
14. Landing Party Agreement between FLAG Limited and The Communications
Authority of Thailand.
15. Landing Party Agreement between FLAG Limited and The Directorate General
of Telecommunications of the Peoples Republic of China
16. Landing Party Agreement between FLAG Limited and Kokusai Denshin Denwa
Co., Ltd.
17. Landing Party Agreement between FLAG Limited and ARENTO.
18. Amended and Restated Software Development and License Agreement, between
FLAG Limited and AT&T Corp., dated as of December 14, 1994.
19. Amended and Restated Technology Escrow Deposit Agreement, between FLAG
Limited and AT&T Corp., dated as of December 14, 1994.
20. Program Management Services Agreement dated April 19, 1994 between NYNEX
Network Systems Company and FLAG Limited.
21. Marketing Services Agreement dated April 19, 1994 between NNS (Bermuda)
Limited and FLAG Limited.
22. Agreement for the Provision of Services (in China) between FLAG Limited
and AT&T Submarine Systems Inc. dated April 25, 1997.
23. Agreement for the Provision of Services (in China) between FLAG Limited
and KDD Submarine Cable Systems, Inc. dated April 25, 1997.
24. Agreement for the Provision of Services (in India) between FLAG Limited
and AT&T Submarine Systems Inc. dated November 22, 1996.
<PAGE>
25. Agreement for the Provision of Services (in India) between FLAG Limited
and KDD Submarine Cable Systems, Inc. dated December 10, 1996.
26. Agreement for the Sale of Equipment (in India) between FLAG Limited and
AT&T Submarine Systems Inc. dated November 22, 1996.
27. Agreement for the Sale of Equipment (in India) between FLAG Limited and
KDD Submarine Cable Systems, Inc. dated December 10, 1996.
28. Agreement dated January 27, 1996 between the Egyptian General Petroleum
Corporation Gulf of Suez Petroleum Company and FLAG Limited in connection
with the crossing of pipelines in the Gulf of Suez by the FLAG Cable
System.
29. Agreement dated December 1995 between FLAG Limited and E.M.P.L. for
crossing of the Straits of Gibraltar pipelines by the FLAG Cable System.
30. Cable Crossing Agreement dated April 8, 1997 among FLAG Limited, Red
Electrica de Espana, S.A. and L'Office National de L'Electricite du Maroc.
31. Barcelona-Savona and FLAG Submarine Cable Systems Restoration Agreement
dated October 23, 1997 between FLAG Limited and Telefonica de Espana S.A.
and Telecom Italia S.p.A.
32. Rioja and FLAG Submarine Cable Systems Restoration Agreement dated
December 1, 1997 between FLAG Limited and Telefonica de Espana S.A.,
British Telecommunications plc, Belgacom S.A. and PTT Telecom B.V.
33. Restoration Agreement dated September 11, 1997 between Mercury
Communications Limited and FLAG Limited.
34. Restoration Agreement dated December 31, 1997 between Telekom Malaysia
Berhad and FLAG Limited for utilization of Telekom Malaysia restoration
capacity.
35. Restoration Agreement dated November 7, 1997 between Telefonica de Espana
and FLAG Limited granting transit capacity for restoration of the FLAG
Cable System on Telefonica's network.
36. Restoration Agreement dated December 31, 1997 between Telecom Italia
S.p.A. and FLAG Limited for utilization of Telecom Italia restoration
capacity (Telecom Italia earth station and backhaul).
<PAGE>
3. Registration Agreement dated January 30, 1998 between FLAG Limited and the
Initial Purchasers.
4. Purchase Agreement dated January 23, 1998 between FLAG Limited and the
Initial Purchasers.
<PAGE>
SCHEDULE 3.19(b)
CONTRACTUAL OBLIGATIONS
Project Documents
1. Fiber Optic Link Around the Globe (FLAG) Cable System Construction and
Maintenance Agreement, dated December 14, 1994, among FLAG Limited and the
signatories thereto, as amended by Amendatory Agreement Nos. 1, 2, 3 and 4
and as amended pursuant to Paragraph 30.3(i).
2. FLAG Cable System Terms and Conditions of Contract, dated December 14,
1994, among TYCO Submarine Systems, Ltd. (formerly AT&T Submarine Systems
Inc.), KDD Submarine Cable Systems Inc., Marubeni Corporation and FLAG
Limited, as amended by Amendment No. 1 dated July 3, 1995, Amendment No. 2
dated October 19, 1995, Amendment No. 3 dated November 30, 1995, Amendment
No. 4 dated September 19, 1996, Amendment No. 5 dated November 14, 1996,
Amendment No. 6 dated March 18, 1997 and Amendment No. 7 dated as of
October 15, 1997.
3. Each of the Capacity Sales Agreements and Capacity Purchase Orders set
forth on Annex 1 hereto.
4. Capacity Lease/Purchase Agreement dated as of November 14, 1997 between
FLAG Limited and Telecom Italia S.p.A.
5. Capacity Credit Agreement dated June 25, 1997 between FLAG Limited and
Chunghwa Telecom.
6. Capacity Credit Agreement dated June 25, 1997 between FLAG Limited and
Viatel Inc.
7. Memorandum of Agreement dated December 14, 1994 between FLAG Limited and
Cable & Wireless plc.
8. Landing Party Agreement between FLAG Limited and Hong Kong Telecom
International Limited.
9. Landing Party Agreement between FLAG Limited and International Digital
Communications, Inc.
<PAGE>
37. Restoration Agreement dated November 7, 1997 between Telecom Italia s.p.A.
and FLAG Limited (Telecom Italia backhaul).
38. Universal Joint Contract for the FLAG Cable System dated October 30, 1997
between FLAG Limited and Cable & Wireless Marine Limited.
39. Agreement for the Storage of Spare Plant of the FLAG Cable System dated
November 10, 1997 between FLAG Limited and Cable & Wireless Marine
Limited.
40. Agreement for the Storage of Spare Plant of the FLAG Cable System dated
May 17, 1997 between FLAG Limited and S-B Submarine Systems Company
Limited.
41. Agreement for Storage of FLAG Submarine Cable System between FLAG Limited
and ETISALAT (signed by FLAG, ETISALAT signature pending).
42. Agreement for the Storage of Spare Plant of the FLAG Cable System dated as
of April 22, 1997 between FLAG Limited and Telecom Italia.
43. Agreement for the Storage of Spare Plant in the KDD Yokohama Depot for
FLAG Cable System dated September 28, 1997 between FLAG Limited and
Kokusal Denshin Denwa Co., Ltd.
44. Atlantic Cable Maintenance Agreement dated as of January 1, 1998.
45. Mediterranean Cable Maintenance Agreement dated November 25, 1992, as
amended.
46. Agreement for the Maintenance of Pacific Ocean Cable Systems in the
Yokohama Zone dated March 11, 1997, as amended.
47. South East Asia and Indian Ocean Cable Maintenance Agreement dated June 1,
1986, as amended.
48. Agreement for the Maintenance of the FLAG Submarine Cable System dated
November 1, 1997 between Emirates Telecommunications Corporation and FLAG
Limited.
49. Memorandum of Understanding dated November 30, 1997 between FLAG Limited
and Global Telesystems Limited.
50. Operations Contract for the FLAG Network Operations Center dated June 30,
1997.
<PAGE>
51. Letter dated August 26, 1997 from Ismail Hassan (ARENTO) to Samih Kawar
re: payments to ARENTO
52. Memorandum of Understanding for Sharing of Coherent OTDR for Hong Kong
Station dated June 24, 1997 between APCN and FLAG.
53. Construction Agreement for the Construction of Alexandria Cable Conduit
System dated March 14, 1996 among FLAG Limited and Consolidated
Contractors International Company SAL, as amended.
54. Construction Agreement for Construction of Satun-Songkhla Cable Conduit
System dated March 13, 1996 among The Communications Authority of
Thailand, FLAG Limited, as Purchaser and PIDO International Co., Ltd., as
Contractor.
55. Construction Agreement for Construction of Satun-Songkhla Cable Conduit
System dated March 13, 1996 among The Communications Authority of
Thailand, FLAG Limited, as Purchaser and United Communication Industry
Public Company Limited (Network), as Contractor.
56. Services Contract dated September 30, 1997 between FLAG Limited and P&P
Telecom Company Limited.
57. Agreement pursuant to correspondence dated August 28, 1997 and September
11, 1997 between Jamal Abdul-Jalil and Mr. Samir Donia of the Suez Canal
Authority Agreement
58. Supplemental Agreement dated October 14, 1997 between HKTI and FLAG
Limited on Remedial Burial off Hong Kong.
59. Agreement, dated as of April 19, 1994, by and between NYNEX Network
Systems Company, Rathburn Limited, Gulf Associates Communications Limited,
Spinconsult S.A., Hormoz Sabet, Reja Sabet, Lua'y Swaidi, FLAG Limited and
Fiber Optics Association for International Research Inc.
Non-Project Documents
1. Each of the Financing Documents which are incorporated herein by
reference.
2. Senior Unsecured Note Indenture dated January 30, 1998 between FLAG
Limited and IBJ Schroeder Bank & Trust Company.
<PAGE>
20. Capacity Purchase Order between FLAG Limited and WorldCom Services Inc.
(signed by WorldCom, pending FLAG signature).
<PAGE>
ANNEX I
CAPACITY SALES AGREEMENTS
1. Capacity Sales Agreement dated March 31, 1995 between FLAG Limited and
Videsh Sanchar Nigam Limited
2. Capacity Sales Agreement dated December 14, 1994 between FLAG Limited and
Telecommunications Company of Iran
3. Capacity Sales Agreement dated November 27, 1995 between FLAG Limited and
Office Nationale des Posts & Telecommunications
4. Capacity Sales Agreement dated March 30, 1995 between FLAG Limited and
Arab Republic of Egypt National Telecommunications Organization
5. Capacity Sales Agreement dated June 5, 1995 between FLAG Limited and
International Communications Corporation
6. Capacity Sales Agreement dated October 17, 1996 between FLAG Limited and
ONSE Telecom
7. Capacity Sales Agreement dated December 14, 1994 between FLAG Limited and
Telemalta Corporation
8. Capacity Sales Agreement dated December 7, 1995 between FLAG Limited and
Telemalta Corporation
9. Capacity Sales Agreement dated October 17, 1996 between FLAG Limited and
INDOSAT
10. Capacity Sales Agreement dated December 7, 1995 between FLAG Limited and
China Telecom
11. Capacity Sales Agreement dated December 14, 1994 between FLAG Limited and
Hungarian Telecommunications Corporation
12. Capacity Sales Agreement dated December 7, 1995 between FLAG Limited and
International Digital Communications Inc.
13. Capacity Sales Agreement dated November 1, 1997 between FLAG Limited and
Syrian Telecommunications Establishment
14. Capacity Sales Agreement dated September 25, 1997 between FLAG Limited and
Telecommunications Company of Iran
15. Capacity Sales Agreement dated November 14, 1997 between FLAG Limited and
Telecom Italia S.p.A.
16. Capacity Sales Agreement dated November 14, 1997 between FLAG Limited and
Telecom Italia S.p.A.
17. Capacity Sales Agreement dated March 20, 1997 between FLAG Limited and
Singapore Telecom.
18. Capacity Purchase Order dated January 24, 1998 between FLAG Limited and
Telkom SA Limited.
19. Capacity Purchase Order dated January 25, 1998 between FLAG Limited and
Tunisie Telecom.
<PAGE>
Available Capacity Schedule (CA Section 3.26)
[GRAPHIC OMITTED]
<TABLE>
<CAPTION>
Segment
---------------------------------------------------------------------------------------------------------
S1 S2 S3 S4,S5 S6 S7 S8 S9 S10 S11 S12
UK-Sp Sp-It It-Eg Eg-UAE UAE-In In-Ma Ma-Th Th-HK HK-Ch Ch-Ko Ko-Ja
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Sold / Committed 561 574 322 364 318 220 248 244 618 558 583
Maximum Available 8064 8064 8064 8064 8064 8064 8064 8064 8064 8064 8064
Available Capacity 7503 7490 7742 7700 7746 7844 7816 7820 7446 7506 7481
</TABLE>
<PAGE>
(e) Property insurance on an "a11 risk" basis covering tie
Borrower's assets including spare parts related to the Project
for an amount not less than the full replacement thereof;
(f) directors and officers liability insurance against claims
arising out of any dutifully taken action by any director or
officer of the Borrower for an aggregate amount not less than
$50,000,000; and
(g) comprehensive general (primary and excess) liability insurance
in an aggregate amount equal to or greater than $25,000,000,
to cover such contractual and/or legal liabilities for any one
accident or occurrence as are not covered under any more
specific insurance and/or to act as excess "umbrella"
insurance against risks of the types described in clauses (a)
through (c) above on terms satisfactory to the Administrative
Agent and in conformity with Applicable Law.
All such insurance shall be on terms which are customary for the class of
business and shall also cover the Borrower's subsidiaries.
ADDITIONAL COVENANTS
1. The Borrower shall pay or cause to be paid as they become due all
premiums for insurance required to be maintained pursuant to this
Schedule and shall, promptly upon request, deliver or cause to be
delivered receipts for payment of premiums or such other evidence of
payment reasonably satisfactory to the Administrative Agent. The
Borrower shall, upon becoming aware of any of the following,
promptly advise the Collateral Trustee and the Administrative Agent
of any default in the payment of any premium and of any other act or
omission on the part of the Borrower which could reasonably be
expected to invalidate or render
2
<PAGE>
Schedule 5.9 to the Credit Agreement
INSURANCE
REQUIRED INSURANCE
The Borrower shall, for itself and its subsidiaries, obtain, carry and maintain
in full force and effect, at all times, at no cost to the Collateral Trustee,
the Administrative Agent or the Lenders, the following minimum insurance
coverages from the Closing Date until the Obligations have been paid in hill and
the Commitments have been terminated which may include reasonable deductible
levels satisfactory to the Administrative Agent (other than as required to
satisfy applicable legislation):
(a) statutory workmen's compensation and/or employer's liability
insurance as required by the country and/or the civil jurisdiction
in which the Borrower or any of its subsidiaries has an office in an
amount not less than the amount required to satisfy applicable
legislation but in no event less than $1,000,000 for any one
incident or series of incidents or such lesser amount as the
Administrative Agent shall approve);
(b) motor liability insurance for claims arising out of owned or hired
vehicles, whether licensed for road use or not in an amount not less
than the amount required to satisfy applicable legislation and not
less than $1,000,000 combined single limit for the death of or
injury to any person per accident and not less than $1,000,000 for
the loss of or damage to property resulting from any one accident;
(c) primary and excess pipeline crossings liability insurance to cover
contractual and/or legal liabilities which arise or could arise out
of the cable crossing submarine pipelines, fur an aggregate amount
not less than $50,000,000.
1
<PAGE>
(b) to name the Collateral Trustee and the Administrative Agent as
additional insureds (the "Additional Insured") and provide that in
respect of the interest of any Additional Insured in such policies
the insurance shall not be invalidated by any act or neglect of the
Collateral Trustee or any other Additional Insured;
(c) to contain a waiver of any rights of recourse and/or subrogation of
the insurer I against the Borrower and the Additional Insureds and a
waiver of any rights of the insurer to any set-off or counterclaim
or any other deduction, whether by attachment or otherwise, in
respect of any liability of either the Borrower or the Additional
Insureds;
(d) to include a loss payable clause with respect to any insurance
obtained and I maintained pursuant to Section 1(e) and name the
Collateral Trustee as loss payee and to provide that all payments to
be made under such policy shall be made jointly to the Collateral
Trustee and the Borrower for deposit into the Insurance Proceeds
Account;
(e) to provide that the Additional Insureds shall have no obligation or
liability for I premiums, commissions, assessments or calls or other
obligations in connection with such insurance (provided, that if the
Borrower is in default of its obligations to pay any of the
preceding amounts, then the Collateral Trustee may (but shall not be
obligated to) pay such amounts at the request of the Majority
Lenders, and the Borrower shall pay to the Collateral Trustee on
demand such amounts so paid by the Collateral Trustee with interest
from the time of payment;
(f) in an amount sufficient to prevent any coinsurance penalty on
property;
2
<PAGE>
uneaforceable, in whole or in part, any insurance being maintained
or required to be maintained by the Borrower pursuant to this
Schedule.
2. The Borrower shall comply with and confirm to, and shall cause to be
complied with and confirmed to, (a) all provisions of each insurance
policy maintained or required to be maintained pursuant to this
Schedule and (b) all requirements of the insurers applicable to the
Borrower or any of its subsidiaries or to any of the insured
property or to the use, manner of use, occupancy, possession,
operation, maintenance, alteration or repair of any of the insured
property.
3. The Borrower shall not do, consent or agree to (and shall not permit
any of its subsidiaries to do, consent or agree to) any act or
omission which would or could permit any insurer to (a) invalidate
any of the insurance maintained or required to be maintained by the
Borrower or any of its subsidiaries pursuant to this Schedule, (b)
render void or voidable the whole or any part of any of the
insurance maintained or required to be maintained by the Borrower or
any of its subsidiaries pursuant to this Schedule or (c) bring any
particular liability within the scope of an exclusion or exception
to any of the insurance maintained or required to be maintained by
the Borrower or any of its subsidiaries pursuant to this Schedule.
4. The Borrower shall cause each insurance policy maintained in
accordance with this Schedule:
(a) to provide that no cancellation, termination or material
change in such insurance shall be effective until at least 30
days after the insurer shall have given written notice thereof
to the Borrower and the Collateral Trustee. Upon receipt of
such notice, the Borrower shall immediately notify the
Administrative Agent;
3
<PAGE>
coverage maintained by the Borrower, nor shall the Collateral
Trustee, the Administrative Agent or any Lender be responsible for
any representations or warranties made by underwriter.
9. The Borrower shall cause each insurer or such broker to advise the
Borrower in writing of any default in the payment of any premiums or
any other act or omission to its knowledge on the part of the
Borrower which might invalidate or render unenforceable, in whole or
in part, any insurance provided hereunder.
4
<PAGE>
(g) to provide for deductibles or excesses solely for the account of the
Borrower, and, unless otherwise agreed in writing by the
Administrative Agent, such deductibles or excesses shall not exceed
the norm for the type of insurance to which they apply.
5. Notwithstanding anything to the contrary that may be contained herein, the
Borrower may maintain, at its own expense, other insurance on or with
respect to the Project, any portion thereof or any property or equipment
in connection therewith; provided, that (a) such other insurance shall not
conflict with or otherwise Limit the availability of the insurance
required to be maintained pursuant to this Schedule and (b) such other
insurance shall not reduce the amount of proceeds that would otherwise be
payable under the insurance required to be maintained pursuant to this
Schedule.
6. On the Closing Date and annually thereafter, the Borrower shall furnish
the Collateral Trustee and the Administrative Agent with evidence that the
Borrower is maintaining all required insurance. Such evidence of insurance
shall be executed by each insurer or by an authorized representative of
each insurer where it is not practical for such insurer to execute the
evidence of insurance itself. Such evidence of insurance shall identify
underwriters, the type of insurance, the insurance limits, the policy term
and, shall state that such insurance is in full force and effect.
7. The Borrower shall cause to be deposited in the Insurance Proceeds Account
all payments received by the Borrower from any insurer within one Business
Day of receipt thereof.
8. Notwithstanding anything to the contrary herein, no provision of this
Schedule shall impose on the Collateral Trustee, the Administrative Agent
or any Lender any duty or obligation to verify the existence or adequacy
of the insurance
5
<PAGE>
Schedule 8.10(b) to
Credit Agreement
Contingent Amortization
Calendar Year Outstanding Amount (US$)
------------- ------------------------
1998 298,880,000
1999 271,360,000
2000 236,480,000
2001 193,280,000
2002 140,480,000
2003 76,480,000
2004 0
<PAGE>
2
obligation to maintain the Register or (c) the provisions of Section 2.7(e) of
the Credit Agreement. the Lender may make (or cause to be made) appropriate
notations on the grid attached to this Revolving Credit Note (or on any
continuation of such grid).
All parties now or hereafter liable with respect to this Revolving
Credit Note. whether as maker, principal, surety, guarantor, endorser or
otherwise, hereby waive presentment, demand, protest, notice of dishonor and all
other notices of any kind. No assignment of this Revolving Credit Note and the
obligation evidenced hereby (whether in whole or in part) shall be effective
unless it shall have been recorded in the Register by the Administrative Agent
in accordance with the terms of the Credit Agreement.
THIS REVOLVING CREDIT NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
IN WITNESS WHEREOF, the Borrower has caused this Revolving Credit
Note to be executed on its behalf by an authorized officer as of the day and
year first above written.
FLAG LIMITED
By________________________________
Title:
<PAGE>
EXHIBIT A-I
[Form of]
REVOLVING CREDIT NOTE
$__________ January 28, 1998
FOR VALUE RECEIVED, the undersigned, FLAG LIMITED, a company
organized and existing under the laws of Bermuda (the "Borrower'),
unconditionally promises to pay to the order of _______________ (the "Lender")
the principal sum of _______________ DOLLARS ($__________) or, if less, the
aggregate unpaid principal amount of all Revolving Credit Loans (as defined in
the Credit Agreement referred to below) made by the Lender pursuant to the
Credit Agreement, dated as of January 28, 1998 (as amended, supplemented, or
otherwise modified from time to time, the "Credit Agreement"), among the
Borrower, the various financial institutions (including the Lender) from time to
time parties thereto. International Trust Company of Bermuda Limited, as
Collateral Trustee, and Barclays Bank PLC, as Administrative Agent, on the
Maturity Date. Unless otherwise defined herein, terms used herein shall have the
meanings provided in the Credit Agreement.
The Borrower also promises to pay interest on the unpaid principal
amount hereof from time to time outstanding from and including the date hereof
until maturity (whether by acceleration or otherwise) and, after maturity, until
paid, at the rates per annum and on the dates specified in the Credit Agreement.
Payments of both principal and interest are to be made without set
off or counterclaim in lawful money of the United States of America in same day
or immediately available funds to the account designated by the Administrative
Agent pursuant to the Credit Agreement.
This Revolving Credit Note is one of the Revolving Credit Notes
referred to in, and evidences the Revolving Credit Loans made by the Lender
under, the Credit Agreement, to which reference is made for a description of the
security for this Revolving Credit Note and for a statement of the terms and
conditions on which the Borrower is permitted and required to make prepayments
and repayments of principal of the Indebtedness evidenced by this Revolving
Credit Note and on which such Indebtedness may be declared to be or shall
automatically become immediately due and payable. This Revolving Credit Note is
subject to the provisions of the Credit Agreement and the other Financing
Documents.
Without affecting (a) the obligation of the Lender to maintain in
accordance with its usual practice an account or accounts evidencing the
indebtedness of the Borrower to the Lender in accordance with the Credit
Agreement, (b) the Administrative Agent's
<PAGE>
REVOLVING CREDIT LOANS AND PRINCIPAL PAYMENT
<TABLE>
<CAPTION>
====================================================================================================================================
Amount of Revolving Credit
Loan Made Amount of Principal Repaid Unpaid Principal Balance
-------------------------- -------------------------- ------------------------
Alternate Adjusted LIBO Interest Period Alternate Adjusted Alternate Adjusted Notation
Date Base Rate Rate (If Applicable) Base Rent LIBO Rate Base Rate LIBO Rate Made by
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
</TABLE>
<PAGE>
2
payable. This Term Note is subject to the provisions of the Credit Agreement and
the other Financing Documents.
Without affecting (a) the obligation of the Lender to maintain in
accordance with its usual practice an account or accounts evidencing the
indebtedness of the Borrower to the Lender in accordance with the Credit
Agreement, (b) the Administrative Agent's obligation to maintain the Register or
(c) the provisions of Section 2.7(e) of the Credit Agreement, the Lender may
make (or cause to be made) appropriate notations on the grid attached to this
Term Note (or on any continuation of such grid).
All parties now or hereafter liable with respect to this Term Note,
whether as maker, principal, surety, guarantor, endorser or otherwise, hereby
waive presentment, demand, protest, notice of dishonor and all other notices of
any kind. No assignment of this Term Note and the obligation evidenced hereby
(whether in whole or in part) shall be effective unless it shall have been
recorded in the Register by the Administrative Agent in accordance with the
terms of the Credit Agreement.
THIS TERM NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK
IN WITNESS WHEREOF, the Borrower has caused this Term Note to be
executed on its behalf by an authorized officer as of the day and year first
above written.
FLAG LIMITED
By________________________________
Title:
<PAGE>
EXHIBIT A-2
[Form of]
TERM NOTE
$___________________ January 28, 1998
FOR VALUE RECEIVED, the undersigned, FLAG LIMITED, a company
organized and existing under the laws of Bermuda (the "Borrower"),
unconditionally promises to pay to the order of _______________ (the "Lender")
the principal sum of __________________ ______ DOLLARS ($________) or, if less,
the aggregate unpaid principal amount of the Term Loan made by the Lender
pursuant to the Credit Agreement, dated as of January 28, 1998 (as amended,
supplemented, or otherwise modified from time to time, the "Credit Agreement"),
among the Borrower, the various financial institutions (including the Lender)
from time to time parties thereto, International Trust Company of Bermuda
Limited, as Collateral Trustee, and Barclays Bank PLC, as Administrative Agent,
payable in quarterly installments on Principal Payment Dates, in an amount for
each such Principal Payment Date as set forth in the Credit Agreement. To the
extent not previously paid, the aggregate unpaid principal amount of all Term
Loans made by the Lender shall be payable on the Maturity Date. Unless otherwise
defined herein, terms used herein have the meanings provided in the Credit
Agreement.
The Borrower also promises to pay interest on the unpaid principal
amount hereof from time to time outstanding from and including the date hereof
until maturity (whether by acceleration or otherwise) and, after maturity, until
paid, at the rates per annum and on the dates specified in the Credit Agreement.
Payments of both principal and interest are to be made without set
off or counterclaim in lawful money of the United States of America in same day
or immediately available funds to the account designated by the Administrative
Agent pursuant to the Credit Agreement.
This Term Note is one of the Term Notes referred to in, and
evidences the Term Loans made by the Lender under, the Credit Agreement, to
which reference is made for a description of the security for this Term Note and
for a statement of the terms and conditions on which the Borrower is permitted
and required to make prepayments and repayments of principal of the Indebtedness
evidenced by this Term Note and on which such Indebtedness may be declared to be
or shall automatically become immediately due and
<PAGE>
TERM LOANS AND PRINCIPAL PAYMENTS
<TABLE>
<CAPTION>
====================================================================================================================================
Amount of Term Loan Made Amount of Principal Repaid Unpaid Principal Balance
-------------------------- -------------------------- ------------------------
Alternate Adjusted LIBO Interest Period Alternate Adjusted Alternate Adjusted Notation
Date Base Rate Rate (If Applicable) Base Rent LIBO Rate Base Rate LIBO Rate Made by
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
</TABLE>
<PAGE>
2
(iii) the Proposed Borrowing shall be comprised of [$_________ of
ABR Loans,] [$__________ of Eurodollar Loans with an initial
Interest Period of ___ month(s) ending on ______,] [and
$_____________ of Eurodollar Loans with an initial Interest Period
of ______________month(s) ending on _____________].
The Borrower hereby certifies that [no Designated Event has occurred
and is continuing as of the date hereof] [a Designated Event has occurred and is
continuing, and (i) the aggregate amount of the Revolving Credit Commitments
(without giving effect to any limitation in the availability thereunder pursuant
to Section 2.6(e)) is $______ and (ii) the percentage applicable to the date
hereof under Section 2.6(e) is _______%]. After giving effect to the Revolving
Credit Loans requested herein, the aggregate outstanding principal amount of
Revolving Credit Loans shall be $ _______ and the aggregate amount of unused
available Revolving Credit Commitments shall be $ _______
The Borrower has caused this Borrowing Request to be executed and
delivered by a Responsible Officer this _____ day of _____________
FLAG LIMITED
By________________________________
Title:
<PAGE>
EXHIBIT B-1
BORROWING REQUEST
(Revolving Credit Loans)
Barclays Bank PLC,
as Administrative Agent
222 Broadway
New York, New York 10038
Attention: Peter Yetman
FLAG LIMITED
Ladies and Gentlemen:
This Borrowing Request is delivered to you pursuant to Section 2.3
of the Credit Agreement, dated as of January 28, 1997 (as amended, supplemented,
or otherwise modified from time to time, the "Credit Agreement"), among FLAG
Limited, a company organized and existing under the laws of Bermuda (the
"Borrower'), the various financial institutions from time to time parties
thereto (collectively, the "Lenders"), Barclays Bank PLC, as administrative
agent for the Lenders (in such capacity, the "Administrative Agent") and
International Trust Company of Bermuda Limited, as collateral trustee (in such
capacity, the "Collateral Trustee"). Unless otherwise defined herein, terms used
herein shall have the meanings provided in the Credit Agreement.
The Borrower hereby gives you notice, irrevocably, pursuant to
Section 2.3 of the Credit Agreement, that the Borrower hereby requests a
Revolving Credit Borrowing under the Credit Agreement and, in that connection,
sets forth below the information relating to such Revolving Credit Borrowing
(the "Proposed Borrowing") as required by Section 2.3 of the Credit Agreement.
The Borrower hereby requests that Revolving Credit Loans be made as
follows:
(i) the Business Day of the Proposed Borrowing is _________________;
(ii) the aggregate principal amount of Revolving Credit Loans
requested under the Proposed Borrowing is $______________; and
<PAGE>
2
The Borrower hereby undertakes that in the event of the failure to
borrow any Eurodollar Loan on the date specified in this Notice, the Borrower
shall compensate each Lender for the loss. cost and expense attributable to such
event. In the case of a Eurodollar Loan. the loss to any Lender attributable to
any such event may include an amount determined by such Lender to be equal to
the excess, if any, of (i) the amount of interest that such Lender would pay for
a deposit equal to the principal amount of such Loan for the period from the
date of the Proposed Borrowing to the last day of the Interest Period specified
above for such Loan if the interest rate payable on such deposit were equal to
the Adjusted LIBO Rate for such Interest Period, over (ii) the amount of
interest that such Lender would earn on such principal amount for such period if
such Lender were to invest such principal amount for such period at the interest
rate that would be bid by such Lender (or an affiliate of such Lender) for
dollar deposits from other banks in the eurodollar market at the commencement of
such period. A certificate of any Lender setting forth the details of any amount
or amounts that such Lender is entitled to receive pursuant to this paragraph
shall be delivered by such Lender to the Borrower (with a copy to the
Administrative Agent) and shall be conclusive absent manifest error. The
Borrower hereby undertakes to pay such Lender the amount shown as due within 10
days after receipt thereof
The Borrower has caused this Borrowing Request to be executed and
delivered by a Responsible Officer of the Borrower this _th day of January,
1998.
FLAG LIMITED
By________________________________
Title:
<PAGE>
EXHIBIT B-2
BORROWING REQUEST
(Term Loans)
Barclays Bank PLC,
as Administrative Agent
222 Broadway
New York. New York 10038
Attention: Peter Yetman
FLAG LIMITED
Ladies and Gentlemen:
This Borrowing Request is delivered to you in anticipation of
entering into the Credit Agreement. dated as of January 28, 1998 (as amended,
supplemented, or otherwise modified from time to time, the "Credit Agreement"),
among FLAG Limited, a company organized and existing under the laws of Bermuda
(the "Borrower"), the various financial institutions from time to time parties
thereto (collectively, the "Lenders"), Barclays Bank PLC, as administrative
agent for the Lenders (in such capacity, the "Administrative Agent") and
International Trust Company of Bermuda Limited, as collateral trustee (in such
capacity, the "Collateral Trustee"), Unless otherwise defined herein, terms used
herein shall have the meanings provided in the Credit Agreement (whether or not
in effect on the date hereof).
The Borrower hereby gives you irrevocable notice that the Borrower
hereby requests a Term Loan Borrowing and, in that connection, sets forth below
the information relating to such Term Loan Borrowing (the "Proposed Borrowing").
The Borrower hereby requests that Term Loans be made as follows:
(i) the date of the Proposed Borrowing is January 30, 1998:
(ii) the aggregate principal amount of Term Loans requested under
the Proposed Borrowing is $320,000,000; and
(iii) the Proposed Borrowing shall be comprised of $320,000.000 of
Eurodollar Loans with an initial Interest Period of three months
ending on April 30, 1998.
<PAGE>
2
Documents to cancel, suspend or terminate its performance thereunder in
accordance with the terms thereof or which could reasonably be expected to
excuse any such party from liability for non-performance thereunder unless
such cancellation, suspension or termination or non-performance could not
reasonably be expected to have a Material Adverse Effect:
[(d) no action. proceeding or investigation has been instituted or
threatened by or before any Governmental Authority, nor has any order,
judgment or decree been issued or proposed to be issued by any
Governmental Authority, to set aside, restrain, enjoin, limit, restrict or
prevent the consummation of the Refinancing;](1)
(e) the representations and warranties made by the Borrower and any
of its Subsidiaries in any Financing Document to which it is a party are
true and correct in all material respects on and as of the date hereof
(unless any such representation or warranty relates solely to an earlier
date, in which ease it shall have been true and correct in all material
respects on such earlier date).
The Borrower has caused this Borrowing Certificate to be executed and
delivered, and the certification and warranties herein made, by a Responsible
Officer this __day of ________, ____.
FLAG LIMITED
By________________________________
Title:
- ----------
(1) To be included for the Borrowing on the Closing Date only.
<PAGE>
EXHIBIT C
BORROWING CERTIFICATE
Barclays Bank PLC
as Administrative .Agent
222 Broadway
New York, New York 10038
Attention: Peter Yetman
FLAG LIMITED
Ladies and Gentlemen:
This Borrowing Certificate is delivered to you pursuant to Section
4.2(i) of the Credit Agreement, dated as of January 28, 1998 (as amended,
supplemented or otherwise modified from time to time, the "Credit Agreement"),
among FLAG Limited, a corporation organized and existing under the laws of
Bermuda (the "Borrower"), the various financial institutions from time to time
parties thereto (collectively, the "Lenders"), Barclays Bank PLC, as
administrative agent (in such capacity, the "Administrative Agent") and
International Trust Company of Bermuda Limited, as collateral trustee (in such
capacity, the "Collateral Trustee"). Unless otherwise defined herein, terms used
herein shall have the meanings provided in the Credit Agreement.
The Borrower submitted a Borrowing Request to the Administrative
Agent requesting a Borrowing of Loans on the date hereof and, in connection
therewith, and pursuant to Section 4.2(i) of the Credit Agreement. the Borrower
hereby certifies that:
(a) no Default or Event of Default has occurred or is continuing (or
shall occur after giving effect to the Loans to be made on the date
hereof):
[(b) the Present Value Coverage Ratios calculated as of the most
recent calendar quarter are _______ and _______, respectively, and are no
less than 1.5 to l.00;](1)
(c) no event of force majeure or similar event or condition exists
under any Project Document (i) which could reasonably be expected to have
a Material Adverse Effect or (ii) which permits or requires any party to
any of the Principal Project
- ----------
(1) To be included only if Revolving Credit Loans are requested.
<PAGE>
2
(B) continued as $ _______________ of Eurodollar Loans with an
Interest Period of ____ month(s) ending on _______; and
(C) convened into $_____________ of ABR Loans.]
[(iii) $______________ of the currently outstanding principal amount of
Revolving Credit Loans currently being maintained as ABR Loans should be: (A)
continued as $______________ of ABR Loans;
(B) converted into $_____________ of Eurodollar Loans with an
Interest Period of __ month(s) ending on ______; and
(C) converted into $____________ of Eurodollar Loans with an
Interest Period of __ month(s) ending on ------.]]
[(b) The Borrower hereby request that Term Loans be [converted]
[continued] as follows:
(i)The effective date of the Proposed Continuation/Conversion is
_____________ __, ___(which is a Business Day).
[(ii) $_______________ of the currently outstanding principal amount
of Term Loans currently being maintained as Eurodollar Loans with an
Interest Period of ____ month(s), the last day of which is the date of the
Proposed Continuation/Conversion referred to in clause (i) above, should
be:
(A) continued as $______________ of Eurodollar Loans with an
Interest Period of ___________ month(s) ending on _______;
(B) continued as $______________ of Eurodollar Loans with an
Interest Period of___________ month(s) ending on ______; and
(C) converted into $_____________ of ABR Loans.]
[(iii) $___________ of the currently outstanding principal amount of Term
Loans currently being maintained as ABR Loans should be:
(A) continued as $_____________ of ABR Loans;
(B) converted into $___________ of Eurodollar Loans with an
Interest Period of __ month(s) ending on ______; and
(C) converted into S__________ of Eurodollar Loans with an
Interest Period of -- month(s) ending on ______.]]
<PAGE>
EXHIBIT D
CONTINUATION CONVERSION NOTICE
Barclays Bank PLC,
as Administrative Agent
222 Broadway
New York, New York 10038
Attention: Peter Yetman
FLAG LIMITED
Ladies and Gentlemen:
This Continuation/Conversion Notice is delivered to you pursuant to
Section 2.5 of the Credit Agreement, dated as of January 28 1998 (as amended,
supplemented or otherwise modified from time to time, the "Credit Agreement"),
among FLAG Limited, a company organized and existing under the laws of Bermuda
(the "Borrower"), the various financial institutions from time to time parties
thereto (collectively, the "Lenders"), Barclays Bank PLC, as administrative
agent (in such capacity, the "Administrative Agent") and International Trust
Company of Bermuda Limited, as collateral trustee (in such capacity, the
"Collateral Trustee"). Unless otherwise defined herein, terms used herein shall
have the meanings provided in the Credit Agreement.
The Borrower hereby gives you notice, irrevocably, pursuant to
Section 2.5 of the Credit Agreement, that the Borrower hereby requests a
[conversion] [continuation] of Loans under the Credit Agreement and, in that
connection, sets forth below the information relating to such [conversion]
[continuation] (the "Proposed Continuation/Conversion") as required by Section
2.5 of the Credit Agreement.
[(a) The Borrower hereby requests that Revolving Credit Loans be
[converted] [continued] as follows:
(i) The effective date of the Proposed Continuation/Conversion is
_________ -- (which is a Business Day).
[(ii) $___________ of the currently outstanding principal amount of
Revolving Credit Loans currently being maintained as Eurodollar Loans with
an Interest Period of ______________ month(s), the last day of which is
the date of the Proposed Continuation/Conversion referred to in clause (i)
above, should be:
(A) continued as $____________ __ of Eurodollar Loans with an
Interest Period of __ month(s) ending on _______;
<PAGE>
3
(c) No Event of Default has occurred and continuing.
The Borrower has caused this Continuation/Conversion Notice to be
executed and delivered by a Responsible Officer this _______________ day of
_______, __.
FLAG LIMITED
By________________________________
Title:
<PAGE>
2
Financing Document or any other instrument or document furnished pursuant hereto
or thereto: and (c) attaches any Notes held by it evidencing the Assigned
Facilities and (i) requests that the Administrative Agent, upon request by the
Assignee, exchange the attached Notes for a new Note or Notes payable to the
Assignee and (ii) if the Assignor has retained any interest in the Assigned
Facility, requests that the Administrative Agent exchange the attached Notes for
a new Note or Notes payable to the Assignor, in each case in amounts which
reflect the assignment being made heresy (and after giving effect to any other
assignments which have become effective on the Effective Date).
3. The Assignee (a) represents and warrants that it is legally
authorized to enter into this Assignment and Acceptance; (b) confirms that it
has received a copy of the Credit Agreement and the other Financing Documents,
together with copies of the financial statements delivered pursuant to Section
3.1 of the Credit Agreement and such other documents and information as it has
deemed appropriate to make its own credit analysis and decision to enter into
this Assignment and Acceptance; (c) agrees that it will, independently and
without reliance upon the Assignor, the Administrative Agent, the Collateral
Trustee or any other Lender and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in
taking or not taking action under the Credit Agreement, the other Financing
Documents or any other instrument or document furnished pursuant hereto or
thereto; (d) appoints and authorizes the Administrative Agent and the Collateral
Trustee to take such action as agent on its behalf and to exercise such powers
and discretion under the Credit Agreement, the other Financing Documents or any
other ` instrument or document furnished pursuant hereto or thereto as are
delegated to the Administrative Agent or the Collateral Trustee, as the case may
be, by the terms thereof, together with such powers as are incidental thereto;
and (e) agrees that it will be bound by the provisions of the Credit Agreement
and the other Financing Documents and will perform in accordance with its terms
all the obligations which by the terms of the Credit Agreement and the Financing
Documents are required to be performed by it as a Lender including pursuant to
Section 2.15(e) of the Credit Agreement.
4. The effective date of this Assignment and Acceptance shall be the
Effective Date of Assignment described in Schedule 1 hereto (the "Effective
Date"). Following the execution of this Assignment and Acceptance by the
Assignor and the Assignee, it will be delivered to the Administrative Agent and,
so long as no Default or Event of Default shall have occurred and be continuing,
the Borrower, for their prior written consent and it will then be delivered to
the Administrative Agent for acceptance by it and recording by the
Administrative Agent pursuant to the Credit Agreement, effective as of the
Effective Date (which shall not, unless otherwise agreed to by the
Administrative Agent, be earlier than five Business Days after the date of such
acceptance and recording by the Administrative Agent).
5. Upon such acceptance and recording, from and after the Effective
Date, the Administrative Agent shall make all payments in respect of the
Assigned Interest (including payments of principal, interest, fees and other
amounts) to the Assignee whether such amounts have accrued prior to the
Effective Date or accrue subsequent to the Effective Date. The Assignor and the
Assignee shall make all appropriate adjustments in payments by
<PAGE>
EXHIBIT M
FORM OF
ASSIGNMENT AND ACCEPTANCE
Reference is made to the Credit Agreement, dated as of January 28,
1998 (as amended, supplemented or otherwise modified from time to time, the
"Credit Agreement"), among FLAG Limited, a corporation organized and existing
under the laws of Bermuda (the "Borrower"), the various financial institutions
from time to time parties thereto (collectively, the "Lenders"), Barclays Bank
PLC, as administrative agent (in such capacity, the "Administrative Agent") and
International Trust Company of Bermuda Limited, as collateral trustee (in such
capacity, the "Collateral Trustee"). Unless otherwise defined herein, terms
defined in the Credit Agreement and used herein shall have the meanings given to
them in the Credit Agreement.
The Assignor identified on Schedule 1 hereto (the "Assignor") and
the Assignee identified on Schedule 1 hereto (the "Assignee") agree as follows:
1. The Assignor hereby irrevocably sells and assigns to the Assignee
without recourse to the Assignor, and the Assignee hereby irrevocably purchases
and assumes from the Assignor without recourse to the Assignor, as of the
Effective Date (as defined below), the interest described in Schedule 1 hereto
(the "Assigned Interest") in and to the Assignor's rights and obligations under
the Credit Agreement with respect to those credit facilities contained in the
Credit Agreement as are set forth on Schedule 1 hereto (individually, an
"Assigned Facility" collectively, the "Assigned Facilities"), in a principal
amount for each Assigned Facility as set forth on Schedule I hereto. The
Assignor shall be deemed to have assigned to the Assignee, and the Assignee
shall be deemed to have purchased from the Assignor, a pro rata share of the
Assignor's related rights and obligations under each of the other Financing
Documents concurrently with the assignment described above. After giving effect
to the foregoing assignment, the Assignor's and Assignee's outstanding Loans and
Commitments will be as set forth on Schedule 2 hereto.
2. The Assignor (a) makes no representation or warranty and assumes
no responsibility with respect to any statements, warranties or representations
made in or in connection with the Credit Agreement or any other Financing
Document or with respect to the execution, legality, validity, enforceability,
genuineness, sufficiency or value of the Credit Agreement, any other Financing
Document or any other instrument or document furnished pursuant thereto, other
than that the Assignor has not created any adverse claim upon the interest being
assigned by it hereunder and that such interest is free and clear of any such
adverse claim; (b) makes no representation or warranty and assumes no
responsibility with respect to the financial condition of the Borrower, any of
its Subsidiaries or any other obligor or the performance or observance by the
Borrower, any of its Subsidiaries or any other obligor of any of their
respective obligations under the Credit Agreement or any other
<PAGE>
Schedule 1
to Assignment and Acceptance
Name of Assignor: _______________________________________
Name of Assignee: _______________________________________
Effective Date of Assignment: ___________________________
Principal Commitment Percentage
Credit Facility Amount Assigned Amount Assigned Assigned(1)
- --------------- --------------- --------------- -----------
Revolving Credit Loan $___________ $_____________ __.________%
Term Loan $___________ N/A __.________%
[Name of Assignee] [Name of Assignor]
By:________________________________ By:___________________________
Title: Title:
Accepted: Consented To:
BARCLAYS BANK PLC, FLAG LIMITED(2)
as Administrative Agent
By:________________________________ By:___________________________
Title: Title:
- ----------
(1) Calculate the Commitment Percentage that is assigned to at least [4]
decimal places and show as a percentage of the aggregate Revolving Credit
Commitments of all Lenders in the case of Revolving Credit Loans and as a
percentage of the aggregate principal amount of Term Loans of all Lenders
in the case of Term Loans.
(2) Not necessary if a Default or Event of Default has occurred and is
continuing.
<PAGE>
3
the Administrative Agent for periods prior to the Effective Date or with respect
to the making of this assignment directly between themselves.
6. From and after the Effective Date, ( a) the Assignee shall be a
party to the Credit Agreement and, to the extent provided in this Assignment and
Acceptance, have the rights and obligations of a Lender thereunder and under the
other Financing Documents and shall b' bound by the provisions thereof and (b)
the Assignor shall, to the extent provided in this Assignment and Acceptance,
relinquish its rights and be released from its obligations under the Credit
Agreement.
7. The Assignor and the Assignee hereby agree that the [Assignor]
[Assignee](1) will pay to the Administrative Agent the processing fee referred
to in Section 11.4 of the Credit Agreement, and it is understood and agreed that
this Assignment and Acceptance shall be null and void unless and until such fee
is paid by the Effective Date.
8. The Assignee hereby advises the Administrative Agent the
following administrative details with respect to the assigned Loans and
Commitments and requests the Administrative Agent (and, the Borrower, if
applicable) to consent to the assignment of the Assigned Interest as herein
provided in accordance with the terms of the Credit Agreement:
Address for Notices:
Institution Name:
Attention:
Domestic Office:
Telephone:
Facsimile:
LIBOR Office:
Telephone:
Facsimile:
Payment Instructions:
9. This Assignment and Acceptance may be executed by the Assignor,
the Assignee, the Administrative Agent and, if applicable, the Borrower, in
separate counterparts, each of which when so executed and delivered shall be
deemed to be an original and all of which taken together shall constitute one
and the same agreement.
10. This Assignment and Acceptance shall be governed by and
construed in accordance with the laws of the State of New York.
IN WITNESS WHEREOF, the parties hereto have caused this Assignment
and Acceptance to be executed as of the date first above written by their
respective duly authorized officers on Schedule 1 hereto.
- ----------
(1) Insert as appropriate
<PAGE>
EXHIBIT Q
EXPENSE CERTIFICATE
_____________,____
Barclays Bank PLC, as Administrative Agent
222 Broadway
New York, New York 10038
Attention: Peter Yetman
International Trust Company of Bermuda Limited, as Collateral Trustee
44 Church Street
Hamilton HM 12, Bermuda
Attention: General Manager
Re: FLAG Limited
Dear Gentlemen and Ladies:
This Expense Certificate is delivered to you pursuant to the Credit
Agreement, dated as of January 28, 1998 (as amended, supplemented or otherwise
modified from time to time, the "Credit Agreement"), among FLAG Limited, a
company organized and existing under the laws of Bermuda (the "Borrower"), the
various financial institutions from time to time parties thereto as lenders
(collectively, the "Lenders"), Barclays Bank PLC, as administrative agent (in
such capacity, the "Administrative Agent"), and International Trust Company of
Bermuda Limited, as collateral trustee (the "Collateral Trustee"). Unless
otherwise defined herein, terms used herein shall have the meanings provided in
the Credit Agreement.
The undersigned hereby certifies that he is a Responsible Officer of
the Borrower and, as such, he is authorized to execute this certificate on
behalf of the Borrower and further certifies that:
<PAGE>
2
(1) The following Operating Expenses, payments in respect of capital
expenditures and payments in respect of income taxes are due and payable
by the Borrower to the following Persons in an amount, for each such
Person, in excess of $200,000 and attached hereto are copies of the
applicable invoices:
[INSERT PAYMENTS TO PAYEES IN EXCESS OF $200,000]
Amount Description Payee Wire Instructions
------ ----------- ----- -----------------
(2) The following Operating Expenses, payments in respect of capital
expenditures and payments in respect of income taxes are due and payable
by the Borrower to the following Persons in an amount, for each such
Person, equal to or less than $200,000 and attached hereto are copies of
the applicable invoices:
[INSERT PAYMENTS TO PAYEES WHICH ARE LESS THAN OR EQUAL TO $200,000]
Amount Description Payee
------ ----------- -----
(3) None of the Operating Expenses set forth in items (1) or (2)
above are in respect of repair maintenance expenses or restoration
expenses reimbursable by third parties.
(4) The following Operating Expenses, capital expenditures and
income taxes are expected to be due and payable by the Borrower to the
following Persons in the period after the Operating Expense Transfer Date
in respect of which this Certificate is being delivered and prior to the
Operating Expense Transfer Date immediately thereafter:
Total
Estimated Due
Description Amount Due Date Payee
----------- ---------- ---- -----
The Borrower requests that $_________ (representing the total of the
amounts set forth in this Item 4) be transferred to the Current Account.
(5) The amounts requested in Item 2 of the previous Expense
Certificate were applied by the Borrower to the payments as set forth in
such Expense Certificate.
<PAGE>
3
(6) After giving effect to the requested disbursements set forth in
Items 1 and 2 above (together with the aggregate amount of all Operating
Expenses and capital expenditures paid by the Borrower and its
subsidiaries during the calendar year in which this Expense Certificate is
made) the Borrower is in compliance with the then current Operating
Budget.
(7) The aggregate Project Revenues of the Borrower since the date of
the last Expense Certificate, all of which has been deposited into the
Revenue Account, is $_________________. Among such Project Revenues, the
aggregate amount subject to rebate obligation is $__________ which should
be transferred to the Rebate Account.
(8) No Default or Event of Default has occurred and be continuing.
IN WITNESS WHEREOF, the undersigned has executed this Expense
Certificate on this __ day of __________________.
FLAG LIMITED
By:_______________________________
Name
Title:
<PAGE>
Schedule 2
to Assignment and Acceptance
A. Assignor's Principal Amounts and Commitments after Assignment:
Outstanding Revolving Credit Loan: $____________________
Outstanding Term Loan: $____________________
Revolving Credit Commitment: $____________________
Applicable Percentage: ____________________%
B. Assignee's Principal Amounts and Commitments after Assignment:
Outstanding Revolving Credit Loan: $____________________
Outstanding Term Loan: $____________________
Revolving Credit Commitment: $____________________
Applicable Percentage: ____________________%
<PAGE>
Ex-10.4
Schedules to
Restated Shareholders
Agreement
<PAGE>
Annex 2
to Further Restated Shareholders Agreement
TERMS FOR THE CUSTOMER MARKETING AGREEMENT
(SEE CLAUSE 3.3(b))
- --------------------------------------------------------------------------------
Subject Terms
- --------------------------------------------------------------------------------
Brand The parties agree that whenever they sell to customers any of the
products covered by this customer marketing agreement, they will
communicate clearly and prominently to the customer that they
will use the networks of the other party to this agreement.
- --------------------------------------------------------------------------------
Products The parties will agree a product range to be included in the
customer marketing agreement.
- --------------------------------------------------------------------------------
Prices The parties will agree favorable prices that each will charge the
others for each of the products included in the customer
marketing agreement.
- --------------------------------------------------------------------------------
Preferred Each party will preferentially use the other party's network to
Supplier fulfil the capacity needs of its customers for locations on the
Rights other party' network that is not fulfilled by its own network,
provided that the price offered by the other party for such
capacity needs is less than or equal to the price offered by any
third party for such capacity needs on similar terms and
conditions and the quality of the capacity offered by the other
party is not less than that offered by such third party.
- --------------------------------------------------------------------------------
18
<PAGE>
Annex 3
to Further Restated Shareholders Agreement
CAPACITY RIGHT OF USE AGREEMENT
THIS AGREEMENT dated as of the ______ day of ______________ 1999, is among FLAG
ATLANTIC LIMITED, a company organised under the laws of Bermuda and having its
principal office at The Emporium Building, 69 Front Street, 4th Floor, Hamilton,
Bermuda, FLAG ATLANTIC USA LIMITED, a company organised under the laws of
Delaware, USA and having its principal office at 570 Lexington Avenue, 38th
Floor, New York, NY 10022, USA, (FLAG ATLANTIC LIMITED and FLAG ATLANTIC USA
LIMITED being hereinafter jointly and severally referred to as "FA-1") and [ ]
("Purchaser"), a [ ] organised under the laws of [ ] and having its principal
office at [ ].
WITNESSETH:
WHEREAS, except as set out below, FLAG Atlantic Limited is constructing and will
directly and/or indirectly own, operate and maintain a fiberoptic cable system
to be known as FLAG Atlantic-1 as more fully described in Schedule 1 (the
"System"); and
WHEREAS, FLAG Atlantic USA Limited is constructing and will own all that part of
the System that is within the territory (including the territorial waters) of
the United States of America; and
WHEREAS, the System is currently scheduled to go into service in stages with the
initial stage, as more particularly described in Schedule 1, ("Initial Stage")
currently scheduled to go into service on or about 31 March 2001 ("Scheduled
Initial RFS Date"); and
WHEREAS, Purchaser desires to acquire from FA-1, and FA-1 is willing to provide
to Purchaser, a right of use in the capacity on the System as set out in
Schedule 2 (the "Capacity"); and
WHEREAS, FLAG Atlantic Limited, FLAG Atlantic USA Limited and Purchaser (the
"Parties") desire to define the terms and conditions under which the Capacity
will be acquired by Purchaser.
NOW, THEREFORE, the Parties hereby agree as follows:
1. PURCHASE OF CAPACITY
1.1 Purchaser agrees to acquire the right to use the Capacity for the purchase
price set forth in Schedule 2 (the "Purchase Price"), subject to the terms
and conditions of this Agreement.
1.2 Individual units of Capacity as set out in Schedule 2 (each a "Unit")
shall be available for activation in tranches (each a "Tranche") pursuant
to the delivery schedule set out in Schedule 3. FA-1 shall notify
Purchaser of the actual date upon which the Initial Stage of the System is
able to carry commercial traffic ("Initial RFS Date"). FA-1 shall further
notify Purchaser of the actual date upon which Units of Capacity within
subsequent Tranches are available for activation ("Availability Notice").
Subject to the foregoing, when Purchaser wishes to activate one or more
Units of Capacity it shall provide FA-1 with a notice ("Activation
Notice") indicating the
Page 1 of 18
<PAGE>
number of Units of Capacity that Purchaser wishes to activate ("Requested
Capacity") and a proposed activation date for each Unit of Capacity.
1.3 In accordance with the provisions of clause 1.2 Purchaser shall:
1.3.1 Within 90 days of the date hereof, provide FA-1 with an
estimate of the initial number of Units of Capacity it will wish to
activate pursuant hereto following the Initial RFS Date.
1.3.2 Not less than 60 days prior to the Scheduled Initial RFS Date,
provide FA-1 with an Activation Notice indicating the Requested
Capacity it wishes to activate pursuant hereto following the Initial
RFS Date.
1.3.3 For each of Tranches 2, 3 and 4 provide FA-1 with an
Activation Notice indicating the Requested Capacity it wishes to
activate within the Tranche 45 days prior to the beginning of the
quarter in which the Capacity within that Tranche will be available
for activation.
1.3.4 Subject to clause 1.3.2, when it wishes to activate any Units
of Capacity within a Tranche, provided that an Availability Notice
has been delivered for that Tranche and Purchaser has activated all
the Capacity within the previous Tranche, provide FA-1 with an
Activation Notice therefor not less than 45 days prior to the
proposed activation date.
1.4 FA-1 shall use reasonable endeavours to ensure that the date upon which
Requested Capacity is activated (the "Date of Activation") is on or before
the proposed activation date set out in the Activation Notice for such
Requested Capacity.
1.5 Subject to Purchaser paying the Purchase Price in accordance with the
terms of this Agreement, Purchaser shall have the right, subject to the
terms of this Agreement, to use such Requested Capacity from the Date of
Activation until the System is decommissioned. Purchaser shall have no
legal ownership or other rights in the System itself, in any proceeds from
the disposition of the System or in any other capacity therein, except as
specifically provided in Schedule 3.
1.6 Purchaser shall be entitled to collocation pursuant to a collocation
agreement to be negotiated between the Parties based on the principles set
out in Schedule 4.
2. PAYMENTS
2.1 Purchaser shall pay to FA-1 the Purchase Price for Capacity to be acquired
pursuant hereto as follows (and all such payments shall be non-refundable
except as otherwise provided in clause 4.4):
2.1.1 Purchaser shall pay to FA-1 30% of the Purchase Price on
receipt of a notice from FA-1 that FA-1 Financial Closure (as
defined in clause 22) has occurred.
2.1.2 Purchaser shall pay the remaining 70% of the Purchase Price
pursuant to the payment schedule set out in Schedule 2 ("Payment
Schedule").
Page 2 of 18
<PAGE>
2.2 Purchaser shall pay to FA-1 such amounts for the operation and maintenance
of the System as are set forth in, or determined pursuant to, Schedule 5
("O&M Payments").
2.3 FA-1 shall render to Purchaser invoices for amounts payable pursuant to
this Agreement. Invoices for the Purchase Price shall be rendered in
accordance with clause 2.1. Invoices for O&M Payments shall be rendered
pursuant to Schedule 5. All invoices shall be due and payable within 30
days after delivery to Purchaser.
2.4 Any amount payable pursuant to this Agreement which is not paid when due
shall accrue interest at the annual rate of 3% above the U.S. Dollar LIBOR
for one month as quoted in The Wall Street Journal on the first business
day of the month in which the payment is due. All such default interest
shall accrue from the day following the date payment of the relevant
amount was due until it is paid in full and shall accrue both before and
after judgement. Such interest shall be payable on demand.
2.5 All amounts payable by Purchaser pursuant hereto shall be paid in full in
U.S. dollars (or such other currency as FA-1 may designate) by wire
transfer free and clear of all bank or transfer charges to such account(s)
as FA-1 may by notice to Purchaser designate without reduction for any
deduction or withholding for or on account of any tax, duty or other
charge of whatever nature imposed by any taxing authority. If Purchaser is
required by law to make any deduction or withholding from any payment
hereunder, Purchaser shall pay such additional amount to FA-1 so that
after such deduction or withholding the net amount received by FA-1 will
be not less than the amount FA-1 would have received had such deduction or
withholding not been required. Purchaser shall make the required deduction
or withholding, shall pay the amount so deducted or withheld to the
relevant governmental authority and shall promptly provide FA-1 with
evidence of such payment.
2.6 In the case of payments of the Purchase Price, until the Initial RFS Date
there shall be such controls over the account(s) designated by FA-1
pursuant to clause 2.5 so as to ensure that payments of the Purchase Price
may only be used to make timely payments required to be made by FA-1 in
connection with the planning, design, construction and project management
of the System. Any interest arising from amounts held in the account(s)
shall accrue for the benefit of FA-1.
2.7 Purchaser's obligation to pay the Purchase Price and other amounts shall
not be subject to any rights of set-off, counterclaim, deduction, defense
or other right which Purchaser may have against FA-1 or any other party.
2.8 Within 14 days after the date of this Agreement Purchaser shall deliver to
FA-1 such security for payment of the Purchase Price as is set forth in
Schedule 6.
Page 3 of 18
<PAGE>
3. TAXES
Save as the context requires or as otherwise stated herein all
references to payments made in this Agreement are references to such
payments exclusive of all sales and use taxes, gross turnover taxes, value
added taxes, or other similar turnover or sales based taxes, excise taxes,
duties, fees, charges, levies, surcharges to recover the cost of universal
service contributions, or similar liabilities (other than the general
income taxes of FA-1) imposed by any authority, government or government
agency in connection with or as a result of or in respect of the supply
for which the payment is or is deemed to be consideration (collectively
"taxes"). Where applicable such taxes shall be added to the invoice and
shall be paid to FA-1 at the same time as the relevant invoice is settled
in accordance with clause 2.
4. DEFAULT AND TERMINATION
4.1 In the event that Purchaser shall have failed to pay any amount payable by
Purchaser pursuant hereto (including but not limited to any O&M Payments)
for more than 30 days after its due date, then FA-1 may deactivate all
then activated Capacity (and refuse to activate any additional Capacity)
until Purchaser has paid in full all amounts overdue together with
applicable default interest.
4.2 If the defaulted payment is for any portion of the Purchase Price and such
default continues for a further period of 30 days, FA-1 may, in its
discretion, either:
4.2.1 require Purchaser forthwith to pay the unpaid balance of the
Purchase Price; or
4.2.2 terminate this Agreement and relieve Purchaser of its
obligation to pay any portion of the Purchase Price which has not
yet become due and its right to acquire Capacity pursuant hereto.
Neither such termination of this Agreement nor the exercise by FA-1 of
such remedy shall relieve Purchaser of its obligation to pay amounts
already due hereunder plus default interest thereon.
1.3 FA-1 reserves the right to temporarily or permanently deactivate all then
activated Capacity (and refuse to activate any additional Capacity) and/or
to disconnect Purchaser's equipment from the System in the event that
Purchaser is in breach of clause 9.1 or if, in FA-1's reasonable
judgement, Purchaser's use of the System may damage or disrupt the System.
4.4 Except as provided herein, Purchaser shall have no right to terminate or
cancel this Agreement for any reason whatsoever. If the Initial RFS Date
has not occurred within 12 months after the Scheduled Initial RFS Date (24
months if the delay is caused by a force majeure event) Purchaser may by
two months written notice terminate its purchase of the Capacity.
Purchaser shall have no obligation to make any further payments under this
Agreement following such termination and FA-1 shall within 60 days of such
termination refund to Purchaser any portion of the Purchase Price already
paid by Purchaser to FA-1 which has not been used to make timely payments
required to be made by FA-1 in connection with the planning, design,
construction and project management of the System. The foregoing shall be
the limit of Purchaser's rights for delays to the Initial RFS Date.
Page 4 of 18
<PAGE>
5. OPERATION AND MAINTENANCE
5.1 FA-1 shall be responsible for the operation and maintenance of the System
including arranging for the repair of the System in the event of any
fault. Purchaser's sole responsibility with regard to operation and
maintenance of the System shall be to make the O&M Payments as and when
they become due pursuant to this Agreement.
5.2 FA-1 shall provide the service level guarantees set out in Schedule 5.
5.3 FA-1 shall promulgate procedures for the maintenance, use and operation of
the System according to standards generally accepted in the
telecommunications cable industry and shall provide Purchaser with a copy
thereof. FA-1 may from time to time amend such procedures and shall
provide Purchaser with a copy of each amendment prior to its
effectiveness.
6. RESTORATION
FA-1 shall provide restoration on the System to the extent set forth in
Schedule 1. If such restoration is not sufficient for Purchaser, then
Purchaser shall be responsible for making its own restoration arrangements
for Capacity which is then activated.
7. SYSTEM ENHANCEMENTS AND UPGRADES
FA-1 reserves the right to upgrade the amount of the capacity of the
System and to make any enhancements to the System from time to time. The
rights granted to Purchaser in this Agreement do not extend to
participating in System enhancements or upgrades except to the extent
referred to in Schedule 3. FA-1 shall use reasonable efforts to minimise
the interruption, interference or impairment of the System caused by the
implementation of any such enhancement or upgrade.
8. SYSTEM DECOMMISSIONING
The System shall be decommissioned at such time, no earlier than 15
years and no later than 25 years from the Initial RFS Date, as either FA-1
or the holders of three quarters of the then activated capacity on the
System determine that the System is technically obsolete or has reached
the end of its useful economic life. There shall be no compensation
payable to Purchaser whether Purchaser voted for or against
decommissioning. This provision is without prejudice to the rights of FA-1
to decommission the System without any liability to Purchaser whatsoever,
in the event of a catastrophic failure of all or a portion of the System,
whether caused by natural hazard or major technical fault, which makes it
impossible to maintain the business efficacy of the System, or if any
governmental, municipal, institutional, or commercial authority, license,
permission authorisation, right, or concession necessary for the business
efficacy of the System is not granted, subject to prohibitive conditions
or is terminated with no reasonable prospect of retrieval within a period
of 12 months following the date of termination.
Page 5 of 18
<PAGE>
9 REPRESENTATIONS AND WARRANTIES
9.1 Purchaser represents and warrants to FA-1 as follows:
9.1.1 Purchaser is duly established and in good standing under the laws of
[ ] and has full power and authority to enter into this Agreement.
9.1.2 This Agreement constitutes the legal, valid and binding obligation
of Purchaser, enforceable against Purchaser in accordance with its
terms.
9.1.3 Purchaser has obtained or will obtain all necessary consents,
licenses, permits and other approvals, both governmental and
private, as may be necessary to permit Purchaser to perform its
obligations under this Agreement and to acquire and use the
Capacity.
9.1.4 Purchaser shall perform its obligations under this Agreement and use
the Capacity in a manner consistent with applicable law, and shall
not use, or permit the Capacity to be used, for any illegal purpose
or in any other unlawful manner.
1.3 FLAG Atlantic Limited and FLAG Atlantic USA Limited each represents and
warrants to Purchaser as follows:
0.3.1 It is duly established and in good standing under the laws of
the country of its incorporation and has full power and
authority to enter into this Agreement.
0.3.2 This Agreement constitutes its legal, valid and binding
obligation enforceable against it in accordance with its
terms.
0.3 Except as provided above, FA-1 disclaims, and Purchaser waives, all
representations and warranties regarding the Capacity, including any
warranty of merchantability or fitness for a particular use, and in
particular, without limiting the foregoing FA-1 does not warrant that the
Capacity will be uninterrupted or error free or that the Capacity will
meet Purchaser's requirements for the equipment to be deployed by
Purchaser in connection with the Capacity or services to be offered by
Purchaser utilising this equipment.
10. FORCE MAJEURE
No failure or omission by any Party to carry out or observe any of the
terms and conditions of this Agreement (other than any payment obligation)
shall give rise to any claim against such Party or be deemed a breach of
this Agreement if such failure or omission arises from an act of God, an
act of any government or any other circumstance commonly known as "force
majeure".
11. CONFIDENTIALITY
Other than in connection with an assignment permitted under clause 13 or
if it is required by applicable law in connection with the enforcement of
this Agreement, neither FA-1 nor Purchaser shall disclose the terms of
this Agreement to any third party without the prior written consent of the
other Party. Without limiting the generality of the foregoing, neither
FA-1 nor
Page 6 of 18
<PAGE>
Purchaser shall issue any press release or otherwise publicise the
existence or the terms of this Agreement without the prior written consent
of the other Party.
12. NO LICENCE
12.1 Nothing in this Agreement shall or shall be deemed to give rise to any
right of Purchaser to use any FA-1 Intellectual Property.
12.2 For the purposes of this clause "Intellectual Property" means any and all
patents, trade marks, rights in designs, copyrights, and topography
rights, (whether registered or not and any applications to register or
rights to apply for registration of any of the foregoing), rights in
inventions, know-how, trade secrets and other confidential information,
rights in databases and all other intellectual property rights of a
similar or corresponding character which may now or in the future subsist
in any part of the world, and "FA-1 Intellectual Property" means
Intellectual Property owned by or licensed to FA-1 together with the
goodwill relating thereto.
13. ASSIGNMENT
13.1 This Agreement and all the provisions hereof shall be binding upon and
inure to the benefit of the Parties hereto and their respective successors
and permitted assigns; provided that, except for the assignment of FA-1's
rights (but not its obligations) under this Agreement to one or more
financial institutions and/or export credit agencies as collateral
security for financing provided to FA-1 or in connection with a sale of
receivables by FA-1 and the assignment by such financial institutions (and
their assignees) of the rights and obligations under this Agreement to any
other persons following exercise of any rights or remedies on such
collateral security, neither this Agreement nor any of the rights,
interest or obligations hereunder shall be assigned or transferred by any
of the Parties hereto without the prior written consent of the other
Parties, and any attempted assignment or transfer in violation of this
clause shall be void.
13.2 Notwithstanding clause 13.1, FLAG Atlantic Limited and FLAG Atlantic USA
Limited may allocate their rights and obligations under this Agreement
between themselves and their affiliates.
13.3 FLAG Atlantic Limited and FLAG Atlantic USA Limited may use subcontractors
or agents to fulfil their obligations hereunder.
14. ENTIRE AGREEMENT
This Agreement constitutes the whole agreement between the Parties and
supersedes any previous agreements, arrangements or understandings between
them relating to the subject matter hereof. Each of the Parties
acknowledges that it is not relying on any statements, warranties or
representations given or made by any of them relating to the subject
matter hereof, save as expressly set out in this Agreement.
15. VARIATION
No variation or amendment to this Agreement shall be effective
unless in writing signed by authorised representatives of each of the
Parties.
Page 7 of 18
<PAGE>
16. WAIVER
16.1 Failure by a Party at any time to enforce any of the provisions of this
Agreement shall neither be construed as a waiver of any rights or remedies
hereunder nor in any way affect the validity of this Agreement or any part
of it and no waiver of a breach of this Agreement shall constitute a
waiver of any subsequent breach.
16.2 Termination of this Agreement shall not operate as a waiver of any breach
by a Party of any of the provisions hereof and shall be without prejudice
to any rights or remedies of a Party which may arise as a consequence of
such breach or which may have accrued hereunder up to the date of such
termination.
16.3 No waiver of a breach of this Agreement shall be effective unless given in
writing.
17. INVALIDITY
0.1 Subject to clause 17.2 below if any provision of this Agreement is or
becomes (whether pursuant to any judgment or otherwise) invalid, illegal
or unenforceable in any respect under the law of any applicable
jurisdiction:
0.1.1 the validity, legality and enforceability under the law of
that jurisdiction of any other provision; and
0.1.2 the validity, legality and enforceability under the law of any
other jurisdiction of that or any other provision,
shall not be affected or impaired in any way thereby.
0.2 The Parties acknowledge that the consideration for the Capacity set out in
clause 2 was agreed upon taking into account clauses 4, 8, 9, and 19 and
in the event any of these clauses is or becomes (whether pursuant to any
judgment or otherwise) invalid, illegal or unenforceable in any respect
under the law of any jurisdiction, the Parties agree to renegotiate in
good faith the amounts payable by Purchaser under clause 2.
18. NOTICE
18.1 Any notice, request, demand or other communication required or
permitted hereunder shall be sufficiently given if in writing in English
and delivered by hand or sent by prepaid registered or certified mail
(airmail if international), by facsimile or by prepaid international
courier service of international reputation addressed to the appropriate
Party at the following address or to such address as such Party may from
time to time designate:
If to Purchaser:
Page 8 of 18
<PAGE>
[name if different then Purchaser]
[address]
Attention: [ ]
Tel: [ ]
Fax: [ ]
If to FA-1:
FLAG Atlantic Limited
The Emporium Building
69 Front Street
4th Floor
Hamilton HM 12
Bermuda
Attention: FLAG Atlantic-I
Tel: +1-441-296-0909
Fax: +1-441-296-0938
With a copy to:
FLAG Telecom Limited
103 Mount Street -- 3rd Floor
London W1Y 5HE
U.K.
Attention: General Counsel
Tel: +44-171-317-0800
Fax: +44-171-317-0808
With a copy to:
GTS Carrier Services
Terhulpsesteenweg 6A
1560 Hoeilaart
Belgium
Attention: General Counsel
Tel: +322-658-5200
Fax: +322-658-5100
18.2 Purchaser acknowledges that all communications in connection with
this Agreement shall be between Purchaser and FLAG Atlantic Limited. For
this purpose, FLAG Atlantic USA Limited hereby appoints FLAG Atlantic
Limited as its agent to receive and send all communications in connection
with this Agreement.
Page 9 of 18
<PAGE>
18.3 Any notice, request, demand or other communication given or made
pursuant to this clause shall be deemed to have been received (i) in the
case of hand delivery or courier, on the date of receipt as evidenced by a
receipt of delivery from the recipient, (ii) in the case of mail delivery,
on the date which is seven days after the mailing thereof and (iii) in the
case of transmission by facsimile, on the date of transmission with
confirmed answer back. Each such communication sent by facsimile shall be
promptly confirmed by notice in writing hand-delivered or sent by courier,
mail or air mail as provided herein, but failure to send such a
confirmation shall not affect the validity of such communication.
37. LIABILITY
37.1 Except to the extent stated in clause 4.4 and Schedule 5, FA-1 shall not
be liable to Purchaser for any loss or damage sustained by reason of any
delay in completion, failure or breakdown of the facilities constituting
the System or any interruption of service, regardless of the cause of such
delay in completion, failure or breakdown, and regardless of how long it
shall last.
37.2 Notwithstanding any other provision in this Agreement to the contrary, no
Party shall be liable to any other Party for any indirect, special,
punitive or consequential damages (including, but not limited to, any loss
of profit or business or claim from any customer for loss of services)
arising out of this Agreement or from any breach of any of the terms and
conditions of this Agreement.
19.3 Any financier of the System, at its election, shall have a right to
cure any breach by FLAG Atlantic Limited (or, if applicable, an affiliate
thereof) under this Agreement, provided however, that such financier shall
not assume any liabilities of FLAG Atlantic Limited under this Agreement.
20. COUNTERPARTS
This Agreement may be executed in counterparts. Any single
counterpart or set of counterparts signed, in either case, by all the
Parties hereto shall constitute a full and original agreement for all
purposes.
21. WAIVER OF IMMUNITY
The Parties acknowledge that this Agreement is commercial in nature,
and the Parties expressly and irrevocably waive any claim or right which
they may have to immunity (whether sovereign immunity or otherwise) for
themselves or with respect to any of their assets in connection with an
arbitration, arbitral award or other proceedings to enforce this
Agreement, including, without limitation, immunity from service of
process, immunity of any of their assets from pre- or post-judgment
attachment or execution and immunity from the jurisdiction of any court or
arbitral tribunal.
Page 10 of 18
<PAGE>
22. FA-1 FINANCIAL CLOSURE
22.1 The obligation of the Purchaser to pay the Purchase Price (or any
instalment thereof) and the obligation of FA-1 to provide the Capacity are
conditional upon the occurrence of FA-1 Financial Closure.
22.2 If FA-1 Financial Closure has not occurred by 31 October 1999, then
this Agreement shall terminate (with the exception of clauses 11, 19, 21
and 23 which shall survive termination).
1.3 For the purposes of this Agreement, "FA-1 Financial Closure" shall be
deemed to take place on the date when FA-1 and its shareholders have put
in place arrangements satisfactory to them for the financing of the
construction of the System.
23. GOVERNING LAW AND DISPUTE RESOLUTION
23.1 This Agreement shall be construed in accordance with New York law,
without regard to the law of New York governing conflicts of law.
23.2 Except as otherwise provided herein, any dispute or controversy
arising under or in connection with this Agreement shall be finally
settled under the Rules of Arbitration of the International Chamber of
Commerce by one arbitrator appointed in accordance with such Rules. The
place of arbitration shall be London. The arbitration shall be conducted
in English. The decision and award resulting from such arbitration shall
be final and binding on the Parties. Judgment upon the arbitration award
may be rendered by any court of competent jurisdiction, or application may
be made to such court for a judicial acceptance of the award and an order
of enforcement. Insofar as permissible under the applicable laws, the
Parties hereby waive all rights to object to any action for judgment or
execution which may be brought before a court of competent jurisdiction on
an arbitration award or on a judgment rendered thereon.
Page 11 of 18
<PAGE>
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the
date first set forth above.
FLAG ATLANTIC LIMITED
By ____________________
Name:
Title:
FLAG ATLANTIC USA LIMITED
By ____________________
Name:
Title:
[PURCHASER]
By ____________________
Name:
Title:
Page 12 of 18
<PAGE>
SCHEDULE I
DESCRIPTION OF SYSTEM
A trans-Atlantic cable system known as FLAG Atlantic-I which is to operate from
London and Paris to New York and will include a trans-Atlantic subsea element
and backhaul elements in Europe and the United States.
The subsea element will involve the construction of four landing stations ("the
Landing Stations"), a six fibre pair ring system across the Atlantic Ocean, with
six fibre pairs connecting the US Landing Stations and six fibre pairs
connecting the European Landing Stations. The Landing Stations are currently
expected to be at (i) Cornwall (UK), (ii) St. Brieuc (France), (iii) Makamah
Beach on the North shore of Long Island, New York (US) and (iv) Long Beach on
the South shore of Long Island, New York (US). Each fibre pair will be designed
for a maximum capacity of 40 wavelengths with each wavelength running at 10
Gbps.
The backhaul elements will seamlessly connect the Landing Stations to the
digital/optical input/output port on the digital/optical distribution frame
("Terminal Point") in the heart of London, Paris and Manhattan, New York City.
The initial stage of the system will consist of the Northern subsea link from
Cornwall to the North shore of Long Island, the Cornwall to Brittany
Trans-Channel link and the backhaul elements (which includes the terrestrial
link between the North shore and the South shore of Long Island). The full
system will consist of the initial stage and the Southern subsea link from
Brittany to the south shore of Long Island ("Full System").
The system will be installed initially with 160 Gbps of capacity but will be
designed with technology capable of upgrade to 2.4 terabits per second.
The base system has been designed to provide restoration within its own
capabilities by way of protection switching. This has been achieved by means of
a redundant multi-loop architecture within the system which provides redundancy
in the event of a failure of any component within the system.
The system will have:
- - the ability to carry commercial traffic between any two points (consisting
of one or many segments) which meets ITU-T G.826.
- - automatic self-healing ring protection between any two points (consisting
of one or many segments)
- - network management capability for the system as a whole.
Page 13 of 18
<PAGE>
SCHEDULE 2
1. Capacity
- --------------------------------------------------------------------------------
Route Capacity Purchase Price US$
(each STM within the (excl. taxes)
package of 8 x STM
being a "Unit")
- --------------------------------------------------------------------------------
o Amount of Capacity from One package of 8 x US$
Terminal Point STM___
facilities in New York
City to the Terminal
Point facilities in
London
- --------------------------------------------------------------------------------
o Amount of Capacity from One package of 8 x US$
Terminal Point STM___
facilities in New York
City to the Terminal
Point facilities in
Paris
- --------------------------------------------------------------------------------
Total Purchase
Price US$
- --------------------------------------------------------------------------------
2. Payment Schedule
- --------------------------------------------------------------------------------
Date Percentage of
Purchase
Price
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Tranche 1* -- Initial RFS Date 20%
- --------------------------------------------------------------------------------
Date on which FA-1 notifies Purchaser 20%
that the Full System is able to carry
commercial traffic.
- --------------------------------------------------------------------------------
Date of Notice of Availability for Tranche 2* 10%
- --------------------------------------------------------------------------------
Date of Notice of Availability for Tranche 3* 10%
- --------------------------------------------------------------------------------
Date of Notice of Availability for Tranche 4* 10%
- --------------------------------------------------------------------------------
* As set out in Schedule 3
Page 14 of 18
<PAGE>
SCHEDULE 3
DELIVERY SCHEDULE
Purchaser's Capacity will be made available for activation as follows:
- --------------------------------------------------------------------------------
Availability schedule Date Capacity available to activate
- --------------------------------------------------------------------------------
Tranche 1 Initial RFS Date 1 x STM-___
- --------------------------------------------------------------------------------
Tranche 2 Q4 2002 1 x STM-___
- --------------------------------------------------------------------------------
Tranche 3 Q4 2003 2 x STM-___
- --------------------------------------------------------------------------------
Tranche 4 Q4 2004 4 x STM-___
- --------------------------------------------------------------------------------
Page 15 of 18
<PAGE>
SCHEDULE 4
Provisions for Collocation Agreement
If Purchaser desires to install equipment at the Terminal Point in order to
connect to the Capacity, the Parties agree to negotiate in good faith a
Collocation Agreement which shall be based on the following principles:
1. Purchaser shall be granted a license to place its equipment in racks at
the Terminal Point premises for the term of this Agreement. Purchaser will
pay a fair market price per rack per annum for use of the racks, payable
annually in advance.
2. Purchaser shall be permitted to use the racks only for the purpose of
connecting to the System.
3. Access to the Terminal Point premises will be available to Purchaser's
authorised personnel on a 24*365 basis subject to compliance with safety,
security and access rules.
4. Commercial terms for services (such as installation, first line
maintenance, shifts and changes) and for utilities (such as power heating
lighting) to be provided by FA-1 at the Terminal Point are to be
negotiated.
5. Assignment or sublicensing of the racks by Purchaser is prohibited.
Page 16 of 18
<PAGE>
SCHEDULE 5
O&M PAYMENTS
1. Purchaser shall pay to FA-1 on activated Capacity annual operation and
maintenance charges ("O&M Charges") as specified in the attached annex.
Upon the Date of Activation of a Unit of Capacity FA-1 shall render an
invoice for the O&M Charges on such Unit of Capacity from the Date of
Activation until the end of then calendar year. Thereafter the O&M Charges
on such Unit of Capacity shall be invoiced annually in advance on or about
1 January in each year.
2. FA-1 will use commercially reasonable efforts to provide restoration on
the System so that each Unit of Capacity achieves a level of availability
to carry traffic between the relevant Terminal Points of 99.50% per month
as from the date on which FA-1 notifies Purchaser that the Full System is
able to carry commercial traffic ("Availability Level"). Failure to
achieve this Availability Level in any calendar month shall entitle
Purchaser to a credit of 8% of the annual O&M Charges. Availability Level
will be calculated each calendar month as follows:
(Total time for month [x] - Sum of all events of unavailable time as agreed
during fault clearance) * 100
---------------------------------------------------------------------------
Total time for month [x]
Per event, unavailable time begins at the time of Purchaser problem
reporting, or FA-1 problem detection, whichever is earlier. Unavailable
time ends as agreed between FA-1 and Purchaser during fault clearance.
Unavailable time is measured between Terminal Points.
Planned works notified to Purchaser at least 15 days in advance are
excluded from availability calculations.
Credits shall be applied against payment obligations of Purchaser under
this Agreement and if there are any outstanding credits upon termination
of this Agreement and there are no longer any payment obligations of
Purchaser, FA-1 shall pay to Purchaser an amount equal to the outstanding
credits. Credits provided pursuant to the foregoing shall be the limit of
Purchaser's rights under this Agreement if activated Capacity is not able
to carry traffic.
Page 17 of 18
<PAGE>
SCHEDULE 6
SECURITY
Standby irrevocable letter of credit with an expiration date 60 days after the
date that the last percentage of the Purchase Price is payable in accordance
with Schedule 2 for full payment of the Purchase Price issued on Purchaser's
behalf by a bank rated A or better by Standard & Poor's (or the equivalent by
Moody's) in favour of FA-1 and otherwise in form and substance satisfactory to
FA-1.
Page 18 of 18
<PAGE>
Annex 5
to Further Restated Shareholders Agreement
Backhaul Technical Specification
Contents
1. Introduction 2
2. Network Design 2
2.1 European Backhaul 2
2.1.1 Company Backhaul requirements 3
2.1.2 GTS Backhaul Requirements 3
2.1.3 Overall Backhaul Network Design 4
2.1.3.1 Company backhaul design 5
2.1.4 Migrations & Upgrades 6
2.2 US Backhaul Element 6
2.2.1 Company Backhaul requirements 7
2.2.2 GTS Backhaul Requirements 7
2.2.3 US Backhaul Network Design 7
2.2.4 Migrations & Upgrades 8
3. Space requirements 8
3.1 Telecom equipment 8
3.2 Power/auxiliary equipment 9
4. Route requirements 9
4.1 Number of fibres 9
4.2 Type of fibres 9
4.3 Amplifier Spacing 10
2
<PAGE>
1 Introduction
This specification deals with the Backhaul Elements in Europe and the US which
are to be established in relation to the agreement on the transatlantic cable
system. This document sets out the preliminary agreement between GTS and the
Company on the technical specification for the Backhaul Elements of the System.
Both parties acknowledge that further details have to be worked out in order to
finalise the technical specification.
In anticipation of having a terabit system in operation on each of the submarine
cables, the backhaul networks will have a sufficient capacity to offer the
required bandwidth for the Company.
The European backhaul network will constitute a ring, covering the landing sites
on the coasts of England and France and the sites in London and Paris. It is
foreseen that London and Paris are the breakout points.
The US backhaul network will also constitute a ring covering the North and South
landing points as well as the Terminal Points in New York 1 and New York 2/ New
Jersey 1.
2 Network Design
The Backhaul Network design consists of two parts: the European Backhaul and the
US Backhaul. For each of these two parts, a distinction has been made in the
requirements, between the Company backhaul requirements, and the GTS backhaul
requirements. An overall network design is proposed taking into account both
Company and GTS requirements expressed in Clauses 6.2 and 6.3 of the Agreement.
3
<PAGE>
[GRAPHIC OMITTED]
Backhaul 2.1 European
The European Backhaul Element consists of the physical infrastructure
(facilities, fibre, equipment) and related services (maintenance, project
management) from the demarcation points in the Landing Stations A and B (as
indicated in Annex 1) up to, including and between the Terminal Points in London
and Paris.
The following two sections explain the specific requirements for the backhaul.
2.1.1 Company Backhaul requirements
The European Backhaul Element that is required for the Company is described
below, and consists of this minimum set of building blocks:
For the fibre infrastructure:
Link 1: Landing point A(Porthcurno) to London: 6 fibre pairs
Link 2: Landing point B(St Brieuc) to Paris: 6 fibre pairs
Link 3: London to Paris: 6 fibre pairs
Fibre type: the type of fibre required is specified in section 4.2 of this Annex
For the European Backhaul Element DWDM Terminal Multiplexes and In-Line
Amplifiers equipment on links 3, 7 and 10 of the backhaul supporting at least 40
wavelengths at STM-64 (10 Gb/s). The total number of wavelengths to be supported
by the Backhaul for the Company = 240 at STM-64 (10 Gb/s).
4
<PAGE>
For the Space requirements:
Terminal Point Located in central London with 1,830 m(2)
Terminal Point Located in Paris with 1,500 m(2)
Optical Amplifier locations along the fibre route with 13 m(2) per location
Mid terminal locations of 79 m(2) each
Note. Above requirements are net.
2.1.2 GTS Backhaul Requirements
The additional Backhaul part required for GTS consists of the following building
blocks:
For the fibre infrastructure:
Link 1: Landing Point A to London: 1 fibre pairs
Link 2: Landing Point B to Paris: 1 fibre pairs
Link 3: London to Paris: 1 fibre pairs
Note that the above fibre requirements are included in the 6 fibre pairs
required for the FA-1 backhaul.
2.1.3 Overall Backhaul Network Design
The overall backhaul network design captures the Company Requirements and
summarises these in the following figures.
Assumptions: UK Network provider -- RACAL
London - Porthcurno 5 span design
[GRAPHIC OMITTED]
Porthcurno - London:
--------------------
o 2x5 spans
o 1 LT
o 8 ILA
France
5
<PAGE>
Network provider -- LDCom and SAPN
London - Paris 5 span design
[GRAPHIC OMITTED]
London - Paris:
---------------
o 2x5 spans
o 1 LT
o 8 ILA
Paris - St Brieuc 5 span design
Paris - St-Brieuc:
- ------------------
o lx5 + 1x4 spans
o 1 LT
o 7 ILA
[GRAPHIC OMITTED]
backhaul design 2.1.3.1 Company
6
<PAGE>
The physical design of the WDM (TM and ILA) equipment is as shown in the figures
above. It consists of two WDM sections for all three Links (3, 7 and 10) with
4-5 spans per link. This is applicable to each fibre pair.
[GRAPHIC OMITTED] Landing Point Landing Point
Link 7 Link 10 Link 3 B A Facilities
Client layer equipment: SDH or Backhaul WDM Terminal
Optical Cross Connect Equipment Fiber infrastructure Paris London
European Backhaul [GRAPHIC OMITTED]
[GRAPHIC OMITTED]
Figure 1
2.1.4 Migrations & Upgrades
7
<PAGE>
The migration scenario's for the European Backhaul Element is summarised below:
On completion of Phase I of the Subsea part, i.e.16 wavelengths STM-64 deployed
in two legs, the Company requires that the European Backhaul Element be able to
carry these 16 wavelengths on one fiber pair of Links 3, 7 and 10.
The European backhaul should be upgraded in line with the total capacity of the
subsea part.
2.2 US Backhaul Element
The US Backhaul Element consists of the physical infrastructure (facilities,
fibre, equipment) and related services (maintenance, project management) from
the demarcation points in the Landing Stations A and B up to, including and
between the Terminal Points in New York 1 and New York 2 / New Jersey 1.
[GRAPHIC OMITTED]
2.2.1 Company Backhaul requirements
8
<PAGE>
The US Backhaul Element that is required for the Company is described below, and
consists of this minimum set of building blocks:
For the fibre infrastructure:
Link 1: Landing Point A to Terminal Point New York 1: 6 fibre pairs
Link 2: Landing Point B to Terminal Point New York 2 / New Jersey 1: 6 fibre
pairs
Link 3: Link in-between the Terminal Points New York 1 and New York 2 / New
Jersey 1 : 6 fibre pairs
Fibre type: the type of fibre required is specified in section 4.2 of this Annex
For the US Backhaul Element WDM Terminal Multiplexers and In-Line Amplifiers
equipment on links 1, 4 and 8 of the backhaul supporting at least 40 wavelengths
at STM-64 (10 Gb/s). The total number of wavelengths to be supported by the
Backhaul for the Company = 240 at STM-64 (10 Gb/s).
For the Space requirements:
One Terminal Point Located in New York City of 1,680 m(2)
One Terminal Point Located in Newark of 1,680 m(2)
One Optical Amplifier (located along the fibre route of Link 1) with 13 m(2)
Note. Above requirements are net.
2.2.2 GTS Backhaul Requirements
The additional backhaul part required for GTS consists of the following building
blocks:
For the fibre infrastructure:-
Link 1 - 1 fibre pairs
Link 4 - 1 fibre pairs
Link 8 - 1 fibre pairs
Note that the above fibre requirements are included in the 6 fibre pairs
required for the FA-1 bachaul
2.2.3 US Backhaul Network Design
The US backhaul network design is summarised in the following figures. The US
backhaul consists of the fibre pairs and Backhaul WDM equipment for Link 1, 4
and 8.
9
<PAGE>
[GRAPHIC OMITTED]
New York 2 / New
Jersey 1
2.2.4 Migrations & Upgrades
The migration scenario's for the US backhaul is summarised below:
10
<PAGE>
On completion of Phase 1 of the Subsea part, i.e.16 wavelengths STM-64 deployed
in two legs, the Company requires that the US Backhaul Element be able to carry
these 16 wavelengths on one fiber pair of Link 1.
Subsequent phases: all three links of the US backhaul are equipped with 16
wavelengths on one fibre pair.
The US backhaul should be upgraded in line with the total capacity of the subsea
part.
3 Space requirements
3.1 Telecom equipment
Each US Terminal Location (including SDH equipment): 1680 m(2)
London Terminal Location (including SDH equipment): 1830 m(2)
Paris Terminal Location (including SDH equipment): 1500 m(2)
Each Optical Amplifier Location: 13 m(2)
Each Mid Terminal Equipment: 79 m(2) (European Backhaul Element only)
Note. Above requirements are net.
0.1 Power/auxiliary equipment
DC power for transmission equipment
The power will be delivered by N=1 rectifiers supplying -48V DC to each
individual rack. Each rack will have 2 separate (A&B) redundant feeds, each feed
protected by an individual breaker. The power assumptions for the telecom are at
750W/ gross m(2) (Regenerators and Amplifier sites)
The power assumptions for the telecom are at 500W/ gross m(2) (POP sites)
AC power for auxiliary equipment
The AC power will be used for the air-conditioning, lighting, etc and has been
set at 250W/ gross
4 Route requirements
4.1 Number of fibres
11
<PAGE>
For the final phase 240 wavelengths at 10 Gb/s have to be transported on the
Backhaul Elements that connect the submarine landing points to the cities of
London, Paris and New York / New Jersey. We assume that one DWDM system at 10
Gb/s can transport (greater than or equal to)40 X. This requires the
availability of at least 6 fibre pairs (240/40). As explained in the previous
design section, fibre pairs will be required for the specific GTS (and others)
requirements.
4.2 Type of fibres
In order to accommodate STM-64 10Gb/s data rates with the required number of
wavelengths (>= 40), ITU G.652 SSM-F (Standard Single Mode Fibre) has to be used
as a preference on all built / leased portions of the backhaul networks.
(Reference GTS R & D presentation and memorandum dated February 12th 1999 "Fibre
choice for FA-1 Backhaul Networks".
All fibres will have to show a PMD (Polarisation mode dispersion) value that
should not exceed 0.2 ps/km (1/2) (typical PMD values for newly build fibres are
less than 0.1ps/km(1/2).
4.3 Amplifier Spacing
A typical attenuation for recently installed fibres is in the range of 0.22
dB/km. The current model for the network design assumes a (less than or equal
to)70km amplifier spacing for terrestrial WDM systems with max. 20dB link span
attenuation.
12
<PAGE>
Annex 6 - Part I
to Further Restated Shareholders Agreement
KEY COMMERCIAL TERMS FOR GTS FIBRE AND FACILITIES PURCHASE AGREEMENT
(SEE CLAUSE 7.1)
- -----------------------------------------------------------------------------
Subject Terms
- -----------------------------------------------------------------------------
Product GTS will purchase rights in dark fibre,
facilities and capacity on the system at cost
for *** as follows:
***
Upgrades 1. GTS will be entitled to activate its capacity
on the dark fibre pair as it requires;
2. GTS will be entitled to upgrade its
capacity on the Subsea Element by givi
prior notice to FA-1. Following
installation of the Initial Capacity
FA-1 will carry out the upgrades at
cost.
subject in both cases to the covenants of the
Project Finance documents regarding activation
of capacity.
Landing Stations Currently the four Landing Stations
are planned as Long Island (North), USA
-Porthcurno, UK --Saint Brieuc, France -- Long
Island (South), USA.
Purchase Price ***
Payment Terms See Clause 7.1 of Shareholders Agreement
O&M Charges GTS will pay the Company *** the Products listed above.
Costs may be verified independently. The Company will
undertake to run the System as economically as is
reasonably possible.
- -----------------
Confidential Treatment has been requested with respect to the portions of
this agreement marked with three asterisks (***) and the redacted material
has been filed separately with the Securities and Exchange Commission.
<PAGE>
Hand-over By the applicable RFS, the Company will
demonstrate that the System, or the first leg, as
relevant, was commissioned in accordance with a
plan that had been previously approved by the
parties. Terms for System Acceptance are:
Fibre Type Approval
The Fibre will undergo a type approval test
during which the Company will demonstrate to GTS
that it complies with a set of requirements that
will be jointly agreed upon by the parties.
WDM Type Approval
The WDM system will undergo a type approval test
during which the Company will demonstrate to GTS
that it complies with a set of requirements that
will be jointly agreed upon by the parties.
-----------------------------------------------------------
Link/Wavelength
The acceptance of a Link/Wavelength will be
mainly based on the following criteria:
o Verification of the compliance of the system interfaces
o Verification of jitter/wander performances as per ITU-T
recommendations G82 G958
o Verification of the transparency of the system to the
SDH payload
o Proper working of offered protection schemes
o Verification of the correct interfacing to GTS' NMS
o Verification of correct alarm reporting and performance
monitoring to GT NMS
o Round trip delay, according to specifications provided
by the Company
o Verification of the correct operation of ALS
o Synchronisation transparency
Trouble Free Running
A test will be performed with traffic running on
each provided wavelength for 30 consecutive days
in accordance with BER specification to be agreed
between the parties.
Term The interest will exist for the lifetime of the
System. The design criteria will require the
Subsea Element to be designed to last for 25
years.
Assignability GTS may assign the Agreement to an affiliated
company, provided such party shall remain liable
for the obligations thereunder and may assign the
Agreement to a lender as security.
<PAGE>
***
Equipment Installation GTS will have the right to install, maintain and operate
and Connection Rights equipment (belonging to themselves or their contractors
or customers) at the Landing Stations and Pops and will
be entitled to connect the equipment to their own or
other telecommunications networks. If GTS should require
more than their allotted racks in any Landing Station or
PoP the incremental cost shall be borne by GTS such
additional space is subject to availability
<PAGE>
Annex 6 - Part II
to Further Restated Shareholders Agreement
KEY COMMERCIAL TERMS FOR FLAG - OPTION TO PURCHASE CAPACITY
(SEE CLAUSE 7.1.(b) (A))
- ------------------------------------------------------------------------------
Subject Terms
- ------------------------------------------------------------------------------
Product FLAG will be entitled to purchase capacity in FA-1
at cost in lots (see clause 7.1(b) of Shareholders
Agreement).
Capacity FLAG will be entitled to purchase capacity on the
System as follows:
***
Landing Stations Currently the four Landing Stations are
planned as Long Island (North), USA - Porthcurno, UK
- Saint Brieuc, France - Long Island (South), USA.
Purchase Price Up to ***
Payment Terms See Clause 7.1 of Shareholders Agreement
O&M Charges FLAG will pay the Company a *** the System.
Costs may be verified independently. The Company
will undertake to run the System as economically as
is reasonably possible.
Liquidated Damages ***
<PAGE>
Hand-over By the applicable RFS, the Company
will demonstrate that the System, or
the first leg, as relevant, was
commissioned in accordance with a
plan that had been previously
approved by the parties. Terms for
System Acceptance are:
WDM Type Approval
The WDM system will undergo a type approval
test during which the Company will demonstrate
to FLAG that it complies with a set of
requirements that will be jointly agreed upon
by the parties.
----------------------------------------------
Link/Wavelength
The acceptance of a Link/Wavelength will be
mainly based on the following criteria:
o Verification of the compliance of
the system interfaces
o Verification of jitter/wander
performances as per ITU-T
recommendations G82 G958
o Verification of the transparency
of the system to the SDH payload
o Proper working of offered
protection schemes
o Verification of the correct
interfacing to FLAG'S NMS
o Verification of correct alarm
reporting and performance
monitoring to FLAG NMS
o Round trip delay, according to
specifications provided by the
Company
o Verification of the correct
operation of ALS
o Synchronisation transparency
Trouble Free Running
A test will be performed with traffic running
on each provided wavelength for 30 consecutive
days in accordance with BER specification to
be agreed between the parties
Term The interest will exist for the
lifetime of the System. The design
criteria will require the Subsea
Element to be designed to last for 25
years.
Assignability FLAG may assign the Agreement to an affiliated
company, provided such party shall remain
liable for the obligations thereunder and may
assign the Agreement to a lender as security.
***
Equipment Installation FLAG will have the right to install,
and Connection Rights maintain and operate equipment
(belonging to themselves or their contractors
or customers) at the Landing Stations and Pops
and, subject to applicable safety and access
control procedures, will be entitled to
connect the equipment to their own or other
telecommunications networks. If FLAG should
require more than their allotted racks in any
Landing Station or PoP the incremental cost
shall be borne by FLAG, such additional space
being subject to availability.
- --------------------------------------------------------------------------------
<PAGE>
Schedules to Marketing Transition Agreements
<PAGE>
Exhibit 10.7
Schedule 2
Bell Atlantic Network Systems (Bermuda) Limited
Transition Expenses
<TABLE>
<CAPTION>
Bermuda Hong Kong Amsterdam Middle East Americas Subiness Dev. Toal
<S> <C> <C> <C> <C> <C> <C> <C>
Office Leases Termination 114,134 127,639 46,676 288,449
Apartment Termination 17,350 12,036 9,639 39,025
Resident Staff Cost & Benefits 187,246 39,806 227,052
Consultants 266,819 220,317 298,067 119,625 81,666 986,492
Loss on Disposal of Fixed Assets 193,601 27,018 34,237 1,352 2,780 261,988
Transition of Documents 3,000 2,000 5,000 10,000
Electronic Data Transfer 5,000 5,000
Legal Costs 0
Storage 0
Other 0
Total 787,148 416,780 383,980 119,625 95,054 12,419 1,818,006
</TABLE>
<PAGE>
Schedule 3
Extended Sales
Americas Region
WXNET
Teleglobe
WorldCom/MCI
AT&T
Inter Media
Viatel
PSI Net
Europe Region
SITA
Global One
Asia-Pacific Region
China Tel
NTT
<PAGE>
Schedules to Construction and
Maintenance Agreement
<PAGE>
Exhibit 10.9
PAGE
IMACTS RUNDATE: 01/29/98
REPORT NAME: IMRO1B2 TIME: 16:20
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
MAINTENANCE AUTHORITY TOTAL AU % OF ZONE ANALOG % OF ANALOG F.O. % OF F.O.
- --------------------- -------- --------- ------ ----------- ---- ---------
<S> <C> <C> <C> <C> <C> <C>
ANTEL 59.14 .01 .00 .00 59.14 .01
- -----------------------------------------------------------------------------------------------------------------
ATT 67910.64 16.46 .00 .00 67910.64 18.64
- -----------------------------------------------------------------------------------------------------------------
BT 72145.69 17.50 .00 .00 72145.69 17.66
- -----------------------------------------------------------------------------------------------------------------
BTE 1790.24 .43 .00 .00 1790.24 .44
- -----------------------------------------------------------------------------------------------------------------
C&W 32850.99 7.92 .00 .00 32650.99 7.99
- -----------------------------------------------------------------------------------------------------------------
CI-TELECOM 296.03 .07 296.03 7.68 .00 .00
- -----------------------------------------------------------------------------------------------------------------
DTAG 18157.28 4.40 .00 .00 18157.28 4.45
- -----------------------------------------------------------------------------------------------------------------
EMBRATEL 4228.94 1.03 .00 .00 4228.94 1.04
- -----------------------------------------------------------------------------------------------------------------
FLAG 10684.11 2.59 .00 .00 10684.11 2.62
- -----------------------------------------------------------------------------------------------------------------
FT 80783.33 19.59 380.46 9.87 80402.87 19.68
- -----------------------------------------------------------------------------------------------------------------
GEMINI 1690.90 .41 .00 .00 1690.90 .41
- -----------------------------------------------------------------------------------------------------------------
MARCONI 11925.78 2.89 1134.84 29.44 10790.94 2.64
- -----------------------------------------------------------------------------------------------------------------
MATELCA 648.48 .16 648.46 16.82 .00 .00
- -----------------------------------------------------------------------------------------------------------------
MERCURY 14413.46 3.50 .00 .00 14413.46 3.53
- -----------------------------------------------------------------------------------------------------------------
ONPT 755.47 .18 .00 .00 755.47 .18
- -----------------------------------------------------------------------------------------------------------------
PTI 4022.27 .98 .00 .00 4022.27 .98
- -----------------------------------------------------------------------------------------------------------------
SONATEL 1373.92 .33 1373.92 35.64 .00 .00
- -----------------------------------------------------------------------------------------------------------------
TD 89.40 .02 .00 .00 89.40 .02
- -----------------------------------------------------------------------------------------------------------------
TELEFONICA 80169.89 14.59 21.38 .55 60148.51 14.13
- -----------------------------------------------------------------------------------------------------------------
TELEGLOBE 23979.67 5.82 .00 .00 23979.67 5.87
- -----------------------------------------------------------------------------------------------------------------
TELINTAR 283.01 .07 .00 .00 283.01 .07
- -----------------------------------------------------------------------------------------------------------------
TELKOM SA 4253.05 1.03 .00 .00 4253.05 1.04
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 7
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 0l/0l/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
MAINTENANCE AUTHORITY TOTAL AU % OF ZONE ANALOG % OF ANALOG F.O. % OF F.O.
- --------------------- -------- --------- ------ ----------- ---- ---------
<S> <C> <C> <C> <C> <C> <C>
** EASTERN ZONE 412311.69 100.00 3855.11 .93 % 408456.58 99.07 %
TOTAL
- ---------------------------------------------------------------------------------------------------
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 1
RUNDATE: 01/29/98
IMACTS TIME: 16:18
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1A ISSUE: 2 SCHEDULE PERIOD: 0l/0l/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
<S> <C> <C> <C> <C> <C> <C>
ANTINEA CASABLANCA-DAKAR MATELCA/SONATEL 897.0
ATLANTIS (2) PORTUGAL-SENEGAL MARCONI/SONATEL 1578.0
FRANCE-MOROCCO PENMARCH-CASABLANCA MATELCA 518.0
FRATERNITE DAKAR-ABIDJAN CI-TELECOM/SONATEL 285.0
FRATERNITE-D DAKAR-ABIDJAN CI-TELECOM/SONATEL 1083.0
TAGIDE FRANCE-PORTUGAL FT/MARCONI 794.0
TRANSCAN A CANARY ISLANDS TELEFONICA 138.0
TRANSCAN B CANARY ISLANDS TELEFONICA 41.0
ACCOUNTING UNITS FOR ANALOG 5332.0
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
<S> <C> <C> <C> <C> <C>
ANTINEA 388 0 647.04 .16
ATLANTIS (2) 624 0 1508.76 .37
FRANCE-MOROCCO 294 0 324.96 .08
FRATERNITE 383 0 204.16 .05
FRATERNITE-D 383 0 387.89 .09
TAGIDE 625 0 760.92 .18
TRANSCAN A 0 25 16.48 .00
TRANSCAN B 0 25 4.90 .00
ACCOUNTING UNITS FOR ANALOG 3855.11 .94
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
NON-F.O.ACCT.UNITS. = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT.UNITS= LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+ ((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.05 / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 2
RUNDATE: 01/29/98
IMACTS TIME: 16:18
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1A ISSUE: 2 SCHEDULE PERIOD: 0l/0l/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
FIBER OPTIC 10 YR F.F. **
-------------------------
<S> <C> <C> <C> <C> <C> <C>
AMERICAS-1 (S4-D) B.U.-BRAZIL EMBRATEL 09/1994 728.6 9660 10
BREAN-SWANSEA SWANSEA-BREAN MERCURY 07/1993 52.0 22680 10
BT-MANX 1 MILLAM-DOUGLAS BT 10/1987 43.0 7680 10
*** BT-TE 1 HOLYHEAD-PORTMARNOCK BT/BTE 04/1988 64.0 3840 10
*** BT-TE 1 ADDL HOLLYHEAD-PORTMARNOCK BT/BTE 01/1990 64.0 1920 10
*** BT-TE 1 ADDL2 HOLYHEAD-PORTMARNOCK BT/BTE 06/1992 64.0 1920 10
BUGIO CARCAVELOS-SESIMBRA MARCONI 11/1996* 38.0 15120 10
CELTIC LANDS END-WEXFORD BT/BTE 02/1995 141.5 30720 10
*** EURAFRICA (E1) ST. HILAIRE-SESIMBRA FT 07/1992 856.9 9585 10
*** EURAFRICA (E1) ADDL ST. HILAIRE-SESIMBRA FT 09/1994 856.9 454 10
*** EURAFRICA (E1) ADDL2 ST. HILAIRE-SESIMBRA FT 01/1995 856.9 120 10
*** EURAFRICA (E2) SESIMBRA-B.U. MARCONI 07/1992 211.0 6030 10
*** EURAFRICA (E2) ADDL SESIMBRA-B.U. MARCONI 09/1994 211.0 180 10
*** EURAFRICA (E2) ADDL2 SESIMBRA-B.U. MARCONI 01/1995 211.0 1260 10
*** EURAFRICA (E3) B.U.-FUNCHAL MARCONI 07/1992 414.0 3030 10
*** EURAFRICA (E3) ADDL B.U.-FUNCHAL MARCONI 01/1995 414.0 1260 10
*** EURAFRICA (E4) CASABLANCA-BRANCHING UNIT ONPT 07/1992 179.0 3000 10
*** EURAFRICA (E4) ADDL CASABLANCA-B.U. ONPT 09/1994 179.0 180 10
*** EURAFRICA (E4) ADDL2 CASABLANCA-B.U. ONPT 01/1995 179.0 135 10
FLAG (S1) PORTHUCORNO-ACMA BOUNDRY FLAG 11/1997 1205.6 30000 10
LANIS 1 BLACKPOOL-ISLE-OF-MAN- MERCURY 07/1992 61.0 15360 10
LANIS 2 ISLE-OF-MAN-N1 MERCURY 07/1992 36.0 15360 10
LANIS 3 NI-SCOTLAND MERCURY 07/1992 67.0 15360 10
OPTICAN GRN CANARIA-TENERIFE TELEFONICA 05/1986 68.0 3840 10
PENCAN 4 (A) CONIL-BRANCHING UNIT TELEFONICA 04/1990 720.0 5760 10
PENCAN 4 (B) BRANCHING UNIT-TENERIFE TELEFONICA 04/1990 44.0 3840 10
PENCAN 4 (C) BRANCHING UNIT-LAS PALMAS TELEFONICA 04/1990 18.0 5760 10
PENCAN-5 SEG.1 CHIPIONA-SARDINA TELEFONICA 01/1993 769.0 15360 10
PENCAN-5 SEG.2 SARDINA-MEDANO TELEFONICA 01/1993 51.0 15360 10
RIOJA LANDS END-CAZONA BT/TELEFONICA 07/1995 492.0 19110 10
*** SAT-2 D1.1 SOUTH AFRICA MARCONI 07/1993 649.0 2430 10
*** SAT-2 D1.1 ADDL SOUTH AFRICA MARCONI 11/1993 649.0 120 10
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
FIBER OPTIC 10 YR F.F. **
-------------------------
<S> <C> <C> <C> <C> <C>
AMERICAS-1 (S4-D) 0.46 0 0 2597.13 0.63
BREAN-SWANSEA 0.55 0 0 946.69 0.23
BT-MANX 1 1.00 0 0 498.50 0.12
*** BT-TE 1 1.00 0 0 680.95 0.17
*** BT-TE 1 ADDL 0.91 0 0 .00 .00
*** BT-TE 1 ADDL2 0.73 0 0 .00 .00
BUGIO 0 0 38.00 0.01
CELTIC 0.46 0 0 2899.52 0.70
*** EURAFRICA (E1) 0.73 0 0 9439.00 2.29
*** EURAFRICA (E1) ADDL 0.46 0 0 .00 .00
*** EURAFRICA (E1) ADDL2 0.46 0 0 .00 .00
*** EURAFRICA (E2) 0.73 0 0 1684.88 0.41
*** EURAFRICA (E2) ADDL 0.46 0 0 .00 .00
*** EURAFRICA (E2) ADDL2 0.46 0 0 .00 .00
*** EURAFRICA (E3) 0.73 0 0 2008.04 0.49
*** EURAFRICA (E3) ADDL 0.46 0 0 .00 .00
*** EURAFRICA (E4) 0.73 0 0 755.47 0.18
*** EURAFRICA (E4) ADDL 0.46 0 0 .00 .00
*** EURAFRICA (E4) ADDL2 0.46 0 0 .00 .00
FLAG (S1) 0.19 0 0 10684.11 2.59
LANIS 1 0.73 0 0 1004.42 0.24
LANIS 2 0.73 0 0 592.77 0.14
LANIS 3 0.73 0 0 1103.22 0.27
OPTICAN 1.00 0 0 428.17 0.10
PENCAN 4 (A) 0.91 0 0 5925.45 1.44
PENCAN 4 (B) 0.91 0 0 256.07 0.06
PENCAN 4 (C) 0.91 0 0 148.14 0.04
PENCAN-5 SEG.1 0.64 0 0 11196.00 2.72
PENCAN-5 SEG.2 0.64 0 0 742.52 0.18
RIOJA 0.37 0 0 5290.32 1.28
*** SAT-2 D1.1 0.55 0 0 1934.29 0.47
*** SAT-2 D1.1 ADDL 0.55 0 0 .00 .00
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
NON-F.O.ACCT.UNITS. = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT.UNITS= LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+ ((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.05 / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 3
RUNDATE: 01/29/98
IMACTS TIME: 16:18
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1A ISSUE: 2 SCHEDULE PERIOD: 0l/0l/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
<S> <C> <C> <C> <C> <C> <C>
*** SAT-2 D1.1 ADDL2 SOUTH AFRICA MARCONI 10/1995 649.0 30 10
*** SAT-2 D1.1 ADDL3 SOUTH AFRICA MARCONI 04/1996 649.0 60 10
*** SAT-2 D1.2 SOUTH AFRICA TELEFONICA 07/1993 415.0 2430 10
*** SAT-2 D1.2 ADDL SOUTH AFRICA TELEFONICA 11/1993 415.0 120 10
*** SAT-2 D1.2 ADDL2 SOUTH AFRICA TELEFONICA 10/1995 415.0 30 10
*** SAT-2 D1.2 ADDL3 SOUTH AFRICA TELEFONICA 04/1996 415.0 60 10
*** SAT-2 D1.2S SOUTH AFRICA TELEFONICA 07/1993 728.0 2430 10
*** SAT-2 D1.2S ADDL SOUTH AFRICA TELEFONICA 11/1993 728.0 120 10
*** SAT-2 D1.2S ADDL2 SOUTH AFRICA TELEFONICA 10/1995 728.0 30 10
*** SAT-2 D1.2S ADDL3 SOUTH AFRICA TELEFONICA 04/1996 728.0 60 10
*** SAT-2 D1.3S SOUTH AFRICA TELKOM SA 07/1993 2854.0 2430 10
*** SAT-2 D1.3S ADDL SOUTH AFRICA TELKOM SA 11/1993 2854.0 120 10
*** SAT-2 D1.3S ADDL2 SOUTH AFRICA TELKOM SA 10/1995 2854.0 30 10
*** SAT-2 D1.3S ADDL3 SOUTH AFRICA TELKOM SA 04/1996 2854.0 60 10
*** SAT-2 D2 CANARY-B.U. TELEFONICA 07/1993 126.0 1350 10
*** SAT-2 D2 ADDL CANARY-B.U. TELEFONICA 11/1993 126.0 90 10
*** SAT-2 D3 MADEIRA-B.U. MARCONI 07/1993 364.0 1080 10
*** SAT-2 D3 ADDL MADEIRA-B.U. MARCONI 11/1993 364.0 30 10
*** SAT-2 D3 ADDL2 MADEIRA-B.U. MARCONI 10/1995 364.0 30 10
*** SAT-2 D3 ADDL3 MADEIRA-B.U. MARCONI 04/1996 364.0 60 10
*** SCOT-N.IRE 1 STRANHAER-BANGOR BT 04/1991 20.4 7680 10
*** SCOT-N.IRE 1 ADDL STRNRAER-BANGOR BT 02/1992 20.4 7680 10
*** SCOT-N.IRE 1 ADDL2 STRANRAER-BANGOR BT 06/1992 20.4 7680 10
SCOT-N.IRE 2 GIRVAN-LARNE BT 07/1993 45.0 23040 10
TAGIDE-2 SESIMBRA-PENMARCH FT/MARCONI 08/1996 856.0 9600 10
TE-GO-PA SEG.1 MEDANO-SAN SEBASTIAN TELEFONICA 09/1994 46.0 3840 10
TE-GO-PA SEG.2 SAN SEBASTIAN-SANTA CRUZ TELEFONICA 09/1994 74.0 3840 10
TRANSCAN-2A AGUIMES-MORROJABLE TELEFONICA 11/1990 74.0 5760 10
TRANSCAN-2B PUERTO ROSARIO ARRECIFE TELEFONICA 11/1990 45.0 5760 10
UK-SPAIN 4 GOONHILLY-RODILLES BT/TELEFONICA 06/1991 443.0 9300 10
UNISUR (A)-D FLORIANOPOLIS-B.U. EMBRATEL 03/1995 781.0 5010 10
UNISUR (B)-D LAS TONINAS-B.U. TELINTAR 03/1995 106.0 6840 10
UNISUR (C)-D MALDONADO-B.U. ANTEL 03/1995 38.0 3330 10
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
<S> <C> <C> <C> <C> <C>
*** SAT-2 D1.1 ADDL2 .37 0 0 .00 .00
*** SAT-2 D1.1 ADDL3 .37 0 0 .00 .00
*** SAT-2 D1.2 .55 0 0 1236.87 .30
*** SAT-2 D1.2 ADDL .55 0 0 .00 .00
*** SAT-2 D1.2 ADDL2 .37 0 0 .00 .00
*** SAT-2 D1.2 ADDL3 .37 0 0 .00 .00
*** SAT-2 D1.2S .55 0 0 1084.87 .26
*** SAT-2 D1.2S ADDL .55 0 0 .00 .00
*** SAT-2 D1.2S ADDL2 .37 0 0 .00 .00
*** SAT-2 D1.2S ADDL3 .37 0 0 .00 .00
*** SAT-2 D1.3S .55 0 0 4253.05 1.03
*** SAT-2 D1.3S ADDL .55 0 0 .00 .00
*** SAT-2 D1.3S ADDL2 .37 0 0 .00 .00
*** SAT-2 D1.3S ADDL3 .37 0 0 .00 .00
*** SAT-2 D2 .55 0 0 263.64 .08
*** SAT-2 D2 ADDL .55 0 0 .00 .00
*** SAT-2 D3 .55 0 0 687.23 .17
*** SAT-2 D3 ADDL .55 0 0 .00 .00
*** SAT-2 D3 ADDL2 .37 0 0 .00 .00
*** SAT-2 D3 ADDL3 .37 0 0 .00 .00
*** SCOT-N.IRE 1 .82 0 0 513.10 .12
*** SCOT-N.IRE 1 ADDL .73 0 0 .00 .00
*** SCOT-N.IRE 1 ADDL2 .73 0 0 .00 .00
SCOT-N.IRE 2 .55 0 0 831.54 .20
TAGIDE-2 .28 0 0 4029.69 .98
TE-GO-PA SEG.1 .46 0 0 158.08 .04
TE-GO-PA SEG.2 .46 0 0 254.29 .06
TRANSCAN-2A .82 0 0 556.09 .13
TRANSCAN-2B .82 0 0 338.16 .08
UK-SPAIN 4 .82 0 0 5102.75 1.24
UNISUR (A)-D .46 0 0 1631.81 .40
UNISUR (B)-D .46 0 0 283.01 .07
UNISUR (C)-D .46 0 0 59.14 .01
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
NON-F.O.ACCT.UNITS. = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT.UNITS= LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+ ((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.05 / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 4
RUNDATE: 01/29/98
IMACTS TIME: 16:18
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1A ISSUE: 2 SCHEDULE PERIOD: 0l/0l/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
FIBER OPTIC 7 YR F.F. **
-------------------------
<S> <C> <C> <C> <C> <C> <C>
*** CANTAT-3 (F1) EAST/WEST ZONES-B.U.1 TELEGLOBE 11/1994 864.3 17970 7
*** CANTAT-3 (F1) ADD1 EAST/WEST ZONES-B.U.1 TELEGLOBE 01/1996 864.3 645 7
CANTAT-3 (F2) VESTMANNAEYJAR-B.U.1 PTI 11/1994 43.6 1890 7
*** CANTAT-3 (F3A) B.U.1-B.U.1A PTI/TELEGLOBE 11/1994 386.1 17970 7
*** CANTAT-3 (F3A) ADD1 B.U.1-B.U.1A PTI/TELEGLOBE 01/1996 386.1 645 7
CANTAT-3 (F3B) TJORNUVIK-B.U.1A TD 11/1994 61.0 450 7
*** CANTAT-3 (F3C) B.U.1A-EAST ZONE BT/TELEGLOBE 11/1994 263.3 17970 7
*** CANTAT-3 (F3C) ADD1 B.U.1A-EAST ZONE BT/TELEGLOBE 01/1996 263.3 645 7
COLUMBUS II C1(HALF) B.U.1-ACMA W/E TELEFONICA 10/1994 1124.7 14520 7
COLUMBUS II SEG.C2 SARDINA-B.U.1 TELEFONICA 10/1994 30.2 9030 7
COLUMBUS II SEG.C3 B.U.1-B.U.2 MARCONI 10/1994 212.0 8700 7
COLUMBUS II SEG.C5 B.U.2-FUNCHAL MARCONI 10/1994 74.0 3000 7
GEMINI SOUTH MANASQUAN-PORTHCURNO GEMINI 11/1997 1690.9 37000 7
*** PTAT E3B B.U. 1-B.U. 2 C&W 11/1989 1380.0 13230 7
*** PTAT E3B ADD1 B.U.1-B.U.2 C&W 09/1996 1380.0 1890 7
PTAT E4 B.U. 1-IRE C&W 11/1989 52.0 3780 7
*** PTAT E5 B.U. 2-UK C&W 11/1989 193.0 13230 7
*** PTAT E5 ADD1 B.U.2-U.K. C&W 09/1996 193.0 1890 7
*** TAT 12/13 (E) GREEN HILL-LANDS END ATT/BT/FT 08/1995 1647.0 30900 7
*** TAT 12/13 (E) ADD1 GREEN HILL-LANDS END ATT/BT/FT 01/1997 1647.0 23910 7
*** TAT 12/13 (E) ADD2 GREEN HILL-LANDS END ATT/BT/FT 04/1997 1647.0 5670 7
*** TAT 12/13 (F) LANDS END-PENMARCH ATT/BT/FT 08/1995 200.0 30900 7
*** TAT 12/13 (F) ADD1 LANDS END-PENMARCH ATT/BT/FT 01/1997 200.0 23910 7
*** TAT 12/13 (F) ADD2 LANDS END-PENMARCH ATT/BT/FT 04/1997 200.0 5670 7
*** TAT 12/13 (G) MASTIC BEACH-PENMARCH ATT/BT/FT 08/1996 1701.0 30900 7
*** TAT 12/13 (G) ADD1 MASTIC BEACH-PENMARCH ATT/BT/FT 01/1997 1701.0 23910 7
*** TAT 12/13 (G) ADD2 MASTIC BEACH-PENMARCH ATT/BT/FT 04/1997 1701.0 5670 7
TAT-10 (B) MID-POINT-NSCMA BORDER ATT/DTAG 08/1992 1661.6 15120 7
*** TAT-11 D1 MIDPOINT-B.U. ATT/FT/MERCURY 09/1993 1594.8 13290 7
*** TAT-11 D1 ADD1 MIDPOINT-B.U. ATT/FT/MERCURY 10/1994 1594.8 150 7
TAT-11 D2 FRANCE-B.U. ATT/FT/MERCURY 09/1993 288.9 3990 7
*** TAT-11 D3 U.K.-B.U. ATT/FT/MERCURY 09/1993 329.0 9300 7
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
<S> <C> <C> <C> <C> <C>
*** CANTAT-3 (F1) .75 0 0 17431.14 4.23
*** CANTAT-3 (F1) ADD1 .65 0 0 .00 .00
CANTAT-3 (F2) .75 0 0 128.85 .03
*** CANTAT-3 (F3A) .75 0 0 7786.84 1.89
*** CANTAT-3 (F3A) ADD1 .65 0 0 .00 .00
CANTAT-3 (F3B) .75 0 0 89.40 .02
*** CANTAT-3 (F3C) .75 0 0 5310.22 1.29
*** CANTAT-3 (F3C) ADD1 .65 0 0 .00 .00
COLUMBUS II C1(HALF) .75 0 0 18018.47 4.37
COLUMBUS II SEG.C2 .75 0 0 312.31 .08
COLUMBUS II SEG.C3 .75 0 0 2120.00 .51
COLUMBUS II SEG.C5 .75 0 0 303.66 .07
GEMINI SOUTH 0 0 1690.90 .41
*** PTAT E3B 1.00 0 0 28361.38 6.88
*** PTAT E3B ADD1 .50 0 0 .00 .00
PTAT E4 1.00 0 0 323.12 .08
*** PTAT E5 1.00 0 0 3966.49 .96
*** PTAT E5 ADD1 .50 0 0 .00 .00
*** TAT 12/13 (E) .65 0 0 59341.98 14.39
*** TAT 12/13 (E) ADD1 .50 0 0 .00 .00
*** TAT 12/13 (E) ADD2 .50 0 0 .00 .00
*** TAT 12/13 (F) .65 0 0 7206.07 1.75
*** TAT 12/13 (F) ADD1 .50 0 0 .00 .00
*** TAT 12/13 (F) ADD2 .50 0 0 .00 .00
*** TAT 12/13 (G) .50 0 0 50412.95 12.23
*** TAT 12/13 (G) ADD1 .50 0 0 .00 .00
*** TAT 12/13 (G) ADD2 .50 0 0 .00 .00
TAT-10 (B) 1.00 0 0 36314.55 8.81
*** TAT-11 D1 .85 0 0 26691.45 6.47
*** TAT-11 D1 ADD1 .75 0 0 .00 .00
TAT-11 D2 .85 0 0 1640.35 .40
*** TAT-11 D3 .85 0 0 3967.28 .96
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
NON-F.O.ACCT.UNITS. = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT.UNITS= LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+ ((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.05 / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 5
RUNDATE: 01/29/98
IMACTS TIME: 16:18
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1A ISSUE: 2 SCHEDULE PERIOD: 0l/0l/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
<S> <C> <C> <C> <C> <C> <C>
*** TAT-11 D3 ADD1 U.K.-B.U. ATT/FT/MERCURY 10/1994 329.0 150 7
TAT-8 (D1) MIDPOINT-BRANCHING UNIT BT/FT 08/1988 1580.5 7560 7
TAT-8 (D2) BRANCHING UNIT-WIDEMOUTH BT 09/1988 283.0 3780 7
TAT-8 (D3) BRANCHING UNIT-PENMARCH FT 11/1988 193.5 3780 7
TAT-9 (F3LB) MIDPOINT-B.U. 2A BT/FT/TELEFONICA 01/1992 760.0 15120 7
TAT-9 (F4) GOONHILLY-B.U. SB BT 01/1992 224.6 10973 7
TAT-9 (F5) ST. HILAIRE-B.U. S1 FT 01/1992 255.7 4101 7
TAT-9 (F8LA) INTERFACE-B.U. 2A TELEFONICA 01/1992 732.7 5230 7
TAT-9 (F8LB) CONIL-INTERFACE TELEFONICA 01/1992 91.8 5230 7
TAT-9 (F7L) B.U. 2A-B.U. 2B BT/FT/TELEFONICA 01/1992 246.0 14517 7
ACCOUNTING UNITS FOR FIBER OPTIC 32089.2
TOTAL ACCOUNTING UNITS 37421.2
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
<S> <C> <C> <C> <C> <C>
*** TAT-11 D3 ADD1 .75 0 0 .00 .00
TAT-8 (D1) 1.00 0 0 18061.30 4.38
TAT-8 (D2) 1.00 0 0 1758.50 .43
TAT-8 (D3) 1.00 0 0 1202.37 .29
TAT-9 (F3LB) 1.00 0 0 16609.93 4.03
TAT-9 (F4) 1.00 0 0 3623.96 .88
TAT-9 (F5) 1.00 0 0 1702.08 .41
TAT-9 (F8LA) 1.00 0 0 6018.25 1.46
TAT-9 (F8LB) 1.00 0 0 754.03 .18
TAT-9 (F7L) 1.00 0 0 5171.77 1.25
ACCOUNTING UNITS FOR FIBER OPTIC 408456.58 99.06
TOTAL ACCOUNTING UNITS 412311.69 100.00
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
NON-F.O.ACCT.UNITS. = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT.UNITS= LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+ ((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.05 / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 1
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
------------------------------ ----------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- -------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ANTEL UNISUR (C)-D 59.14 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 59.14 .01 %
** ANTEL TOTAL 59.14 .01 %
- ------------------------------------------------------------------------------------------------------------------------------
ATT TAT-10 (B) 18157.28 7
TAT-11 D2 548.78 7
*** TAT 12/13(E) 19780.66 7
*** TAT 12/13(E) ADD1 7
*** TAT 12/13(E) ADD2 7
*** TAT 12/13(F) 2402.02 7
*** TAT 12/13(F) ADD1 7
*** TAT 12/13(F) ADD2 7
*** TAT 12/13(G) 16804.32 7
*** TAT 12/13(G) ADD1 7
*** TAT 12/13(G) ADD2 7
*** TAT-11-D1 8897.15 7
*** TAT-11-D1 ADD1 7
*** TAT-11-D3 1322.43 7
*** TAT-11-D3 ADD1
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 67910.64 16.84 %
** ATT TOTAL 87918.84 16.48 %
- ------------------------------------------------------------------------------------------------------------------------------
BT BT-MANX 1 498.50 10
CELTIC 1449.76 10
RIOJA 2845.16 10
SCOT-N.IRE 2 831.54 10
TAT-8 (D1) 9030.65 7
TAT-8 (D2) 1758.50 7
TAT-9 (F3LB) 5536.64 7
TAT-9 (F4) 3623.96 7
TAT-9 (F7L) 1723.92 7
UK-SPAIN 4 2551.38 10
BT-TE 1 340.48 10
*** BT-TE 1 ADDL 10
*** BT-TE 1 ADDL2 10
*** CANTAT-3 (F3C) 2655.11 7
*** CANTAT-3 (F3C) ADD1 7
SCOT-N.IRE 1 513.10 10
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 2
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
------------------------------ -------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- -------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
BT *** SCOT-N.IRE 1 ADDL 10
*** SCOT-N.IRE 2 ADDL2 10
*** TAT 12/13 (E) 19780.66 7
*** TAT 12/13 (E) ADD1 7
*** TAT 12/13 (E) ADD2 7
*** TAT 12/13 (F) 2402.02 7
*** TAT 12/13 (F) ADD1 7
*** TAT 12/13 (F) ADD2 7
*** TAT 12/13 (G) 16804.31 7
*** TAT 12/13 (0) ADD1 7
*** TAT 12/13 (0) ADD2 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 72145.69 17.68 %
*** BT TOTAL 72145.89 17.50 %
- ------------------------------------------------------------------------------------------------------------------------------------
BTE CELTIC 1449.76 10
*** BT-TE 1 340.48 10
*** BY-TE 1 ADD1 10
*** BT-TE 1 ADDL2 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 1790.24 .44 %
** BTE TOTAL 1190.24 .43 %
- ------------------------------------------------------------------------------------------------------------------------------------
C&W PTAT E4 323.12 7
*** PTAT E3B 28361.38 7
*** PTAT E3B ADD1 7
*** PTAT E5 3966.49 7
*** PTAT E5 ADD1 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 32650.99 7.99 %
** C&W TOTAL 32650.99 7.92 %
- ------------------------------------------------------------------------------------------------------------------------------------
C1-TELECOM FRATERNITE 102.08
FRATERNITE-8 193.95
ANALOG TOTAL 296.03 7.68 % FIBER OPTIC TOTAL .00 .00 %
** CI-TELECOM TOT 296.03 .07 %
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 3
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
------------------------------ ----------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- -------------------- ------------ ------- ------------ ------- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
DTAG TAT-10 (B) 18157.28 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 18157.28 4.45 %
** DTAG TOTAL 18157.28 4.40 %
- ------------------------------------------------------------------------------------------------------------------------------
EMBRATEL AMERICAS-1 (S4-D) 2597.13 10
UNISUR (A)-D 1631.81 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 4228.94 1.04 %
** EMBRATEL TOTAL 4228.94 1.03 %
- ------------------------------------------------------------------------------------------------------------------------------
FLAG FLAG (S1) 10884.11 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 10884.11 2.62 %
** FLAG TOTAL 10884.11 2.59 %
- ------------------------------------------------------------------------------------------------------------------------------
FT TAGIDE 380.46 TAGIDE-2 2014.85 10
TAT-11 D2 546.78 7
TAT-8 (D1) 9030.65 7
TAT-8 (D3) 1202.37 7
TAT-9(F3LB) 5536.64 7
TAT-9 (F5) 1702.08 7
TAT-9 (F7L) 1723.92 7
*** EURAFRICA (E1) 9439.00 10
*** EURAFRICA (E1) ADDL 10
*** EURAFRICA (E1) ADDL2 10
*** TAT 12/13 (E) 19780.88 7
*** TAT 12/13 (E) ADD1 7
*** TAT 12/13 (E) ADD2 7
*** TAT 12)13 (F) 2402.02 7
*** TAT 12/13 (F) ADD1 7
*** TAT 12/13 (F) ADD2 7
*** TAT 12/13 (G) 18804.31 7
*** TAT 12113 (G) ADD1 7
*** TAT 12/13 (G) ADD2 7
*** TAT-11 D1 8897.15 7
*** TAT-11 D1 ADD1 7
*** TAT-11 D3 1322.43 7
*** TAT-11 D3 ADD1
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 4
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO: 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO: 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
------------------------------ ----------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- -------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ANALOG TOTAL 380.46 9.87 % FIBER OPTIC TOTAL 80402.87 19.68 %
** FT TOTAL 80783.33 19.59 %
- ------------------------------------------------------------------------------------------------------------------------------
GEMINI GEMINI SOUTH 1690.90 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 1690.90 .41 %
** GEMINI TOTAL 1690.90 .41 %
- ------------------------------------------------------------------------------------------------------------------------------
MARCONI ATLANTIS (2) 754.38 BUGIO 38.00 10
TAGIDE 380.46 COLUMBUS II SEG.C3 2120.00 7
COLUMBUS II SEG.C5 303.66 7
TAGIDE-2 2014.85 1O
*** EURAFRICA (E2) 1684.88 10
*** EURAFRICA (E2) ADDL 10
*** EUBAFRICA (E2) ADDL2 10
*** EURAFRICA (E3) 2008.04 10
*** EURAFRICA (E3) ADDL 10
*** SAT-2 D1.1 1934.29 10
*** SAT-2 D1.1 ADDL 10
*** SAT-2 D1.1 ADDL2 10
*** SAT-2 D1.1 ADDL3 10
*** SAT-2 D3 687.23 10
*** SAT-2 D3 ADDL 10
*** SAT-2 D3 ADDL2 10
*** SAT-2 D3 ADDL3 10
ANALOG TOTAL 1134.84 29.44 % FIBER OPTIC TOTAL 10790.94 2.64 %
** MARCONI TOTAL 11925.78 2.89 %
- ------------------------------------------------------------------------------------------------------------------------------------
MATELCA ANTINEA 323.52
FRANCE-MOROCCO 324.98
ANALOG TOTAL 648.48 16.82 % FIBER OPTIC TOTAL .00 .00 %
** MATELCA TOTAL 648.48 .16 %
- ------------------------------------------------------------------------------------------------------------------------------------
MERCURY LANIS 1 1004.42 10
LANIS 2 592.77 10
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 5
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
------------------------------ ----------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- -------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
MERCURY LANIS 3 1103.22 10
BREAN-SWANSEA 946.69 10
TAT-11 D2 546.78 7
*** TAT-11 D1 8897.15 7
*** TAT-11 D1 ADD1 7
*** TAT-11 D3 1322.43 7
*** TAT-11 D3 ADD1 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 14413.46 3.53 %
** MERCURY TOTAL 14413.46 3.50 %
- -------------------------------------------------------------------------------------------------------------------------------
ONPT *** EURAFRICA (E4) 755.47 10
*** EURAFRICA (E4) ADDL 10
*** EURAFRICA (E4) ADDL2 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 755.47 .18 %
** ONPT TOTAL 755.47 .18 %
- -------------------------------------------------------------------------------------------------------------------------------
PTI CANTAT-3 (F2) 128.85 7
*** CANTAT-3 (F3A) 3893.42 7
*** CANTAT-3 (F3A) ADD1 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 4022.27 .98 %
** PTI TOTAL 4022.21 .98 %
- -------------------------------------------------------------------------------------------------------------------------------
SONATEL ANTINEA 323.52
ATLANTIS (2) 754.38
FRATERNITE 102.08
FRATERNITE-D 193.95
ANALOG TOTAL 1373.92 35.64 % FIBER OPTIC TOTAL .00 .00 %
** SONATEL TOTAL 1373.92 .33 %
- -------------------------------------------------------------------------------------------------------------------------------
TD CANTAT-3 (F3B) 89.40 7
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 6
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
------------------------------ ----------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- -------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 89.40 .02 %
** TD TOTAL 89.40 .02 %
- -------------------------------------------------------------------------------------------------------------------------------
TELEFONICA TRANSCAN A 16.48 COLUMBUS II C1(HALF) 18018.47 7
TRANSCAN B 4.90 COLUMBUS II SEG.C2 312.31 7
OPTICAN 428.17 10
PENCAN 4 (A) 5925.45 10
PENCAN 4 (B) 256.07 10
PENCAN 4 (C) 148.14 10
PENCAN-5 SEG.1 11196.00 10
PENCAN-5 SEG.2 742.52 10
RIOJA 2645.16 10
TAT-9 (F3LB) 5536.64 7
TAT-9 (F6LA) 6018.25 7
TAT-9 (F6LB) 754.03 7
TAT-9 (F7L) 1723.92 7
TE-GO-PA SEG.1 158.08 10
TE-GO-PA SEG.2 254.29 10
TRANSCAN-2A 556.09 10
TRANSCAN-2B 338.16 10
UK-SPAIN 4 2551.38 10
*** SAT-2-D1.2 1236.87 10
*** SAT-2 D1.2 ADDL 10
*** SAT-2 D1.2 ADDL2 10
*** SAT-2 D1.2 ADDL3 10
*** SAT-2 D1.2S 1084.87 10
*** SAT-2 D1.2S ADDL 10
*** SAT-2 D1.2S ADDL2 10
*** SAT-2 D1.2S ADDL3 10
*** SAT-2 D2 263.64 10
*** SAT-2 D2 ADDL 10
ANALOG TOTAL 21.38 .55 % FIBER OPTIC TOTAL 60148.51 14.73 %
** TELEFONICA TOT 60169.89 14.59 %
- -------------------------------------------------------------------------------------------------------------------------------
TELEGLOBE *** CANTAT-3 (F1) 17431.14 7
*** CANTAT-3 (F1) ADD1 7
*** CANTAT-3 (F3A) 3893.42 7
*** CANTAT-3 (F3A) ADD1 7
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 7
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
EASTERN ZONE
SCHEDULE: C1B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO: 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO: 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
------------------------------ ----------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- -------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
TELEGLOBE *** CANTAT-3 (F3C) 2655.11 7
*** CANTAT-3 (F3C)ADD1 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 23979.67 5.87 %
** TELEGLOBE TOTA 23979.67 5.82 %
- -------------------------------------------------------------------------------------------------------------------------------
TELINTAR UNISUR (B)-D 283.01 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 283.01 .07 %
** TELINTAR TOTAL 283.0l .07 %
- -------------------------------------------------------------------------------------------------------------------------------
TELKOM SA *** SAT-2 D1.3S 4253.05 10
*** SAT-2 D1.3S ADDL 10
*** SAT-2 D1.3S ADDL2 10
*** SAT-2 D1.3S ADDL3 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 4253.05 1.04 %
TELKOM SA TOTA 4252.05 1.03 %
** EASTERN ZONE 412311.69 ANALOG TOTAL 3855.11 .93 % FIBER OPTIC TOTAL 408456.58 99.07 %
TOTAL
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
REVISE GEMINI SOUTH LENGTH, REMOVE ATLANTIS-1
<PAGE>
PAGE 8
RUNDATE: 01/29/98
IMACTS TIME: 16:32
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: C2B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
MAINTENANCE AUTHORITY TOTAL AU % OF ZONE ANALOG % OF ANALOG F.O. % OF F.O.
- --------------------- -------- --------- ------ ----------- ---- ---------
<S> <C> <C> <C> <C> <C> <C>
- -------------------------------------------------------------------------------------------------
ATT 227661.62 49.77 155.43 100.00 227506.19 49.75
- -------------------------------------------------------------------------------------------------
BATELCO 468.69 .10 .00 .00 468.69 .10
- -------------------------------------------------------------------------------------------------
BT 36584.97 8.00 .00 .00 30584.97 8.00
- -------------------------------------------------------------------------------------------------
C&W 8896.59 1.95 .00 .00 8896.59 1.95
- -------------------------------------------------------------------------------------------------
CANTV 2429.56 .53 .00 .00 2429.56 .53
- -------------------------------------------------------------------------------------------------
CODETEL 312.74 .07 .00 .00 312.74 .07
- -------------------------------------------------------------------------------------------------
DTAG 17236.08 3.77 .00 .00 17236.08 3.77
- -------------------------------------------------------------------------------------------------
EMBRATEL 5885.07 1.29 .00 .00 5885.07 1.29
- -------------------------------------------------------------------------------------------------
FT 46257.09 10.11 .00 .00 46257.09 10.12
- -------------------------------------------------------------------------------------------------
GEMINI 1690.90 .37 .00 .00 1690.90 .37
- -------------------------------------------------------------------------------------------------
MERCURY 8897.15 1.95 .00 .00 8897.75 1.95
- -------------------------------------------------------------------------------------------------
SPRINT/PSI 36993.09 8.09 .00 .00 36993.09 8.09
- -------------------------------------------------------------------------------------------------
TELEBERMUDA 1438.22 .31 .00 .00 1438.22 .31
- -------------------------------------------------------------------------------------------------
TELEGLOBE 56455.29 12.34 .00 .00 56455.29 12.35
- -------------------------------------------------------------------------------------------------
TELMEX 2611.93 .57 .00 .00 2611.93 .57
- -------------------------------------------------------------------------------------------------
TLDI 312.74 .07 .00 .00 312.14 .07
- -------------------------------------------------------------------------------------------------
TSTT 3226.00 .71 .00 .00 3226.00 .71
- -------------------------------------------------------------------------------------------------
** WESTERN ZONE 457357.72 100.00 155.43 .03 % 457202.29 99.97 %
TOTAL
- -------------------------------------------------------------------------------------------------
</TABLE>
REVISE GEMINI S. LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA CAYMAN-JAMAICA, ST.
THOM-VENEZ2, G.BAH-NASSAU
<PAGE>
PAGE 9
RUNDATE: 01/29/98
IMACTS TIME: 16:24
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: B2A ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
<S> <C> <C> <C> <C> <C> <C>
CUBA#7 WEST PALM BEACH-COJIMAR ATT 327.0
ACCOUNTING UNITS FOR ANALOG 327.0
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
<S> <C> <C> <C> <C> <C>
CUBA#7 142 0 155.43 .03
0 155.43 .03
</TABLE>
REVISE GEMINI S.LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA
CAYMAN-JAMAICA, ST. THOM-VENEZ2,G.BAH-NASSAU
NON-F.O. ACCT. UNITS = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT. UNITS = LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.O5) / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 10
RUNDATE: 01/29/98
IMACTS TIME: 16:24
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: B2A ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
** FIBER OPTIC 10 YR F.F. **
----------------------------
<S> <C> <C> <C> <C> <C> <C>
AMERICAS-1 (N) FLORIDA-ST.THOMAS ATT 09/1994 1079.7 22005 10
AMERICAS-1 (S1) ST. THOMAS-B.U. ATT 09/1994 904.7 17940 10
AMERICAS-1 (S2) B.U.-TRINIDAD TSTT 09/1994 319.1 10530 10
AMERICAS-1 (S3) TRINIDAD-VENEZUELA CANTV 09/1994 421.9 7500 10
AMERICAS-1 (S4) S.U.-BRAZIL EMBRATEL 09/1994 825.5 9660 10
ANTIGUA-ST.KITTS ANTIGUA-ST.KITTS C&W 12/1995 76.6 4380 10
ANTILLAS-1 D1-1 PUNTA CANA-SANTO DOMINGO ATT/CODETEL/TLDI 05/1997 145.1 4890 10
ANTILLAS-1 D1-2 PUNTA CANA-PBJ ATT/CODETEL/TLDI 05/1997 159.9 4890 10
ANTILLAS-1 D2 PBJ-MIRAMAR ATT/CODETEL/TLDI 05/1997 9.1 4890 10
ANTILLAS-1 D3 PBJ-ISLA VERDE ATT/C0DETEL/TLDI 05/1997 10.7 4890 10
BAHAMAS II (D1) VERO BEACH-EIGHT MILE ROC ATT/BATELCO 04/1997 119.0 3000 10
BAHAMAS II (D2) EIGHT MILE ROCK-NASSAU ATT/BATELCO 04/1997 138.0 3000 10
BAHAMAS II DOMESTIC EIGHT MILE ROCK-NASSAU BATELCO 06/1997 138.0 1000 10
BUS1 ST. DAVIDS-TUCKERTON TELEBERMUDA 11/1997 722.5 3780 10
Cl CABLE SYSTEM MAGENS BAY-ST. CROIX ATT O5/1997* 60.1 10
CANUS 1 (D1) PENNANT POINT-B.U. TELEGLOBE 10/1995 403.4 9450 10
CANUS 1 (D2) MANASQUAN-B.U. TELEGLOBE 10/1995 302.5 9450 10
CARAC BERMUDA-TORTOLA C&W 07/1990 909.0 1890 10
CJFS (SEG.1) GRAND CAYMAN-CAYMAN BRAC C&W 12/1997 120.2 1260 10
CJFS (SEG.2) CAYMAN BRAC-MONTEGO BAY C&W 12/1977 142.8 630 10
CJFS (SEG.3) MONTEGO BAY-KINGSIDE C&W 12/1997 181.5 630 10
CJFS (SEG.4) MONTEGO BAY-B.U.1 C&W 12/1997 58.9 2520 10
CJFS (SEG.5) B.U.1-OCHO RIOS C&W 12/1997 5.4 1898 10
CJFS (SEG.6) B.U.2-PORT ANTONIO C&W 12/1997 42.1 2520 10
CJFS (SEG.7) B.U.2-PORT ANTONIO C&W 12/1997 6.3 1890 10
CJFS (SEG.8) B.U.2-KINGSTON C&W 12/1997 80.8 2520 10
ECFS (S1.1) TORTOLA-B.U.l C&W/FT/TSTT 08/1995 87.7 2760 10
ECFS (S1.2) B.U.l-ANGUILLA C&W/FT/TSTT 08/1995 15.7 300 10
ECFS (S1.3) B.U.1-ST. MARTIN C&W/FT/TSTT 08/1995 12.8 2610 10
ECFS (S10) ST. VINCENT-GRENADA C&W/FT/TSTT 08/1996 82.5 1080 10
ECFS (S11) GRENADA-TRINIDAD C&W/FT/TSTT 08/1995 102.0 660 10
ECFS (S2) ST.MARTIN-ST. KITTS C&W/FT/TSTT 08/1995 63.7 3720 10
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
<S> <C> <C> <C> <C> <C>
AMERICAS-1 (N) .46 0 0 16154.25 3.53
AMERICAS-1 (S1) .46 0 0 11202.56 2.45
AMERICAS-1 (S2) .46 0 0 2451.04 .54
AMERICAS-1 (S3) .46 0 0 2429.56 .53
AMERICAS-1 (S4) .46 0 0 5885.07 1.29
ANTIGUA-ST.KITTS .37 0 0 247.50 .05
ANTILLAS-1 D1-1 .28 0 0 419.13 .09
ANTILLAS-1 D1-2 .28 0 0 461.88 .10
ANTILLAS-1 D2 .28 0 0 26.29 .01
ANTILLAS-1 D3 .28 0 0 30.91 .01
BAHAMAS II (Dl) .28 0 0 256.88 .06
BAHAMAS II (02) .28 0 0 297.89 .07
BAHAMAS II DOMESTIC .28 0 0 191.30 .04
BUS1 .19 0 0 1438.22 .31
Cl CABLE SYSTEM 0 0 60.10 .01
CANUS 1 (D1) .37 0 0 2348.90 .51
CANUS 1 (D2) .37 0 0 1761.38 .39
CARAC .91 0 0 3065.40 .67
CJFS (SEG.1) .19 0 0 159.89 .03
CJFS (SEG.2) .19 0 0 168.38 .04
CJFS (SEG.3) .19 0 0 211.47 .05
CJFS (SEG.4) .19 0 0 91.80 .02
CJFS (SEG.5) .19 0 0 8.07 .00
CJFS (SEG.6) .19 0 0 69.90 .02
CJFS (SEG.7) .19 0 0 9.42 .00
CJFS (SEG.8) .19 0 0 133.83 .03
ECFS (S1.1) .37 0 0 211.23 .05
ECFS (S1.2) .37 0 0 18.10 .00
ECFS (S1.3) .37 0 0 29.85 .01
ECFS (S10) .37 0 0 127.97 .03
ECFS (S11) .37 0 0 136.36 .03
ECFS (S2) .37 0 0 184.63 .04
</TABLE>
REVISE GEMINI S.LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA
CAYMAN-JAMAICA, ST. THOM-VENEZ2,G.BAH-NASSAU
NON-F.O. ACCT. UNITS = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT. UNITS = LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.O5) / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 10
RUNDATE: 01/29/98
IMACTS TIME: 16:24
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: B2A ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
<S> <C> <C> <C> <C> <C> <C>
ECFS (S3) ST. KITTS-MONTSERRAT C&W/FT/TSTT 08/1995 49.3 3600 10
ECFS (S4) MONTSERAT-ANTIGUA C&W/FT/TSTT 08/1995 43.5 1080 10
ECFS (S5) MONSERRAT-GUADELOUPE C&W/FT/TSTT 08/1995 48.8 3300 10
ECFS (S6.1A) GUADALOUPE-B.U.2 C&W/FT/TSTT 08/1995 57.8 2129 10
ECFS (S6.1B) GUADALOUPE-B.U.2 C&W/FT/TSTT 08/1995 57.8 5130 10
ECFS (S6.2) B.U.2-DOMINICA C&W/FT/TSTT 08/1995 10.0 690 10
ECFS (S6.3A) B.U.2-MARTINIQUE C&W/PT/TSTT 08/1995 57.6 2760 10
ECFS (S6.3B) B.U.2-MARTINIQUE C&W/FT/TSTT 08/1995 57.6 5130 10
ECFS (S7) MARTINIQUE-ST.LUCIA C&W/FT/TSTT 08/1995 43.4 1980 10
ECPS (S8) ST. LUCIA-BARBADOS C&W/FT/TSTT 08/1995 153.6 1860 10
ECFS (S9) BARBADOS-ST.VINCENT C&W/FT/TSTT 08/1995 105.3 1410 10
FLORICO 2 W. PALM BEACH-PUERTO RICO ATT 05/1990 1011.6 3780 10
GRN HILL-MASTIC BCH GREEN HILL-MASTIC BEACH ATT 08/1995* 83.8 112920 10
TAINO-CARIB SEG.E1 MIRAMAR-B.U. ATT 01/1993 5.9 19650 10
TAINO-CARIB SEG.E2 ISLA VERDE-B.U. ATT 01/1993 3.2 6660 10
TAINO-CARIB SEG.E3 B.U. -MAGENS BAY ATT 01/1993 66.4 28310 10
TAINO-CARIB SEG.E4 MAGENS BAY-TORTOLA ATT 01/1993 25.4 3450 10
TCS-1 (F) WEST PALM BEACH-PUERTO RI ATT 05/1990 1011.6 3780 10
TCS-1 (G1) PUERTO RICO-B.U. ATT 05/1990 268.0 3780 10
TCS-1 (G2) B.U. -DOM.REPUBLIC ATT 05/1990 33.6 1890 10
TCS-1 (G3) DOM.REPUBLIC-JAMAICA ATT 05/1990 488.1 630 10
TCS-1 (G4) B.U. -COLOMBIA ATT 05/1990 606.3 1890 10
** FIBER OPTIC 7 YR F.F. **
------------------------
*** CANTAT-3 (F1) PENNANT POINT-EAST/WEST TELEGLOBE 11/1994 1517.5 17970 7
*** CANTAT-3 (F) ADD1 PENNANT POINT-EAST/WEST TELEGLOBE 01/1996 1817.5 645 7
COLUMBUS II C1(HALF) MAGENS BAY-8.U.l ATT 10/1994 2362.8 14520 7
COLUMBUS II SEG.A WEST PALM BEACH-CANCUN ATT/TELMEX 10/1994 605.0 7380 7
COLUMBUS II SEG.B WEST PALM BEACH-MAGENS BA ATT 10/1994 1118.2 21825 7
GEMINI SOUTH MANASQUAN-PORTHCURNO GEMINI 10/1997* 1690.9 37000 7
*** PTAT E1 U.S.-B.U.1 SPRINT/PSI 11/1989 114.0 13230 7
*** PTAT E1 ADD1 U.S.-B.U.1 SPRINT/PSI 09/1998 114.0 1890 7
PTAT E2 B.U.l-BDA C&W 11/1989 636.0 3780 7
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
<S> <C> <C> <C> <C> <C>
ECFS (S3) .37 0 0 139.88 .03
ECFS (S4) .37 0 0 67.48 .01
ECFS (S5) .37 0 0 130.99 .03
ECFS (S6.1A) .37 0 0 140.10 .03
ECFS (S6.1B) .37 0 0 209.12 .05
ECFS (S6.2) .37 0 0 14.33 .00
ECFS (S6.3A) .37 0 0 138.73 .03
ECFS (S6.3B) .37 0 0 208.40 .05
ECFS (S7) .37 0 0 87.25 .02
ECPS (S8) .37 0 0 299.40 .07
ECFS (S9) .37 0 0 181.07 .04
FLORICO 2 .91 0 0 5811.19 1.27
GRN HILL-MASTIC BCH 0 0 83.80 .02
TAINO-CARIB SEG.E1 .64 0 0 108.24 .02
TAINO-CARIB SEG.E2 .64 0 0 22.01 .00
TAINO-CARIB SEG.E3 .64 0 0 1608.57 .35
TAINO-CARIB SEG.E4 .64 0 0 102.76 .02
TCS-1 (F) .91 0 0 5811.19 1.27
TCS-1 (G1) .91 0 0 1482.09 .32
TCS-1 (G2) .91 0 0 113.31 .02
TCS-1 (G3) .91 0 0 874.07 .19
TCS-1 (G4) .91 0 0 2044.61 .45
** FIBER OPTIC 7 YR F.F. **
------------------------
*** CANTAT-3 (Fl) .76 0 0 32521.65 7.13
*** CANTAT-3 (F) ADD1 .65 0 0 .00 .00
COLUMBUS II C1(HALF) .75 0 0 37853.69 8.28
COLUMBUS II SEG.A .75 0 0 5223.85 1.14
COLUMBUS II SEG.B .75 0 0 26317.30 5.75
GEMINI SOUTH 0 0 1690.90 .37
PTAT El 1.00 0 0 2342.89 .51
PTAT El ADD1 .50 0 0 .00 .00
PTAT E2 1.00 0 0 3951.97 .86
</TABLE>
REVISE GEMINI S.LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA
CAYMAN-JAMAICA, ST. THOM-VENEZ2,G.BAH-NASSAU
NON-F.O. ACCT. UNITS = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT. UNITS = LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.O5) / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 11
RUNDATE: 01/29/98
IMACTS TIME: 16:24
REPORT NAME: IMR01B1
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: B2A ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
NOTIONAL
SYSTEM IN SERVICE MAINTENANCE RFS LENGTH CAPACITY F.F.
CABLE TERMINALS AUTHORITIES DATE (N.M.) (F.O.) TBL
----------------- --------- ----------- ---- ------ ------ ---
<S> <C> <C> <C> <C> <C> <C>
PTAT E3A B.U. 1-B.U. 2 SPRINT/PSI 11/1986 1686.0 13230 7
*** PTAT E3A ADD1 B.U.1-B.U.2 SPRINT/PSI 09/1996 1696.0 1890 7
*** TAT 12/13 (E) GREEN HILL-LANDS END ATT/ET/FI 08/1995 1647.0 30900 7
*** TAT 12/13 (E) ADD1 GREEN HILL-LANDS END ATT/ET/ET 01/1997 1647.0 23910 7
*** TAT 12/13 (E) ADD2 GREEN HILL-LANDS END ATT/BT/FI 04/1997 1647.0 5670 7
*** TAT 12/13 (G) MASTIC BEACH-PENMARCH ATT/BY/FT 08/1996 1701.0 30960 7
*** TAT 12/13 (G) ADD1 MASTIC BEACH-PENMARCH ATT/BT/FT O1/1997 1701.0 23910 7
*** TAT 12/13 (G) ADD2 MASTIC BEACH-PENMARCH ATT/el/FT 04/1997 1701.0 5070 7
*** TAT 12/13 (H) GREEN HILL-MASTIC BEACH ATT 08/1995 83.8 30900 7
*** TAT 12/13 (H) ADD1 GREEN HILL-MASTIC BEACH ATT 01/1997 83.8 23910 7
*** TAT 12/13 (H) ADD2 GREEN HILL-MASTIC BEACH ATT 04/1997 83.8 5670 7
*** TAT-10 (B) GREENNILL-MID-POINT ATT/DTAG 08/1992 1577.3 15120 7
*** TAT-11 D1 U.S.-MIDPOINT ATT/FTJMERCURY 09/1993 1594.8 13290 7
*** TAT-11 D1 ADD1 U.S.-MIOPOINT ATT/FT/MERCURY 10/1994 1594.8 150 7
TAT-8 (D4) USA-MIDPOINT ATT 08/1988 1580.5 7560 7
TAT-9 (F1) PENNANT POINT-B.U. 1 TELEGLOBE 01/1992 138.8 1938 7
TAT-9 (F2) MANAHAWKIN-B.U. 1 ATT 01/1992 606.5 13182 7
TAT-9 (F3LA) B.U. 1-MIDPOINT ATT/TELEGLOBE 01/1992 1759.0 15120 7
ACCOUNTING UNITS FOR FIBER OPTIC 32541.0
TOTAL ACCOUNTING UNITS 32868.0
<CAPTION>
SYSTEM IN SERVICE F.F. ANALOG ANALOG ACCTG %
CABLE (F.O.) CIRCUITS CIRCUITS UNITS AU
----------------- ------ -------- -------- ----- --
<S> <C> <C> <C> <C> <C>
PTAT ESA 1.00 0 0 34650.20 7.58
*** PTAT E3A ADD1 .50 0 0 .00 .00
*** TAT 12/13 (E) .65 0 0 59341.98 12.97
*** TAT 12/13 (E) ADD1 .50 0 0 .00 .00
*** TAT 12/13 (E) ADD2 .50 0 0 .00 .00
*** TAT 12/13 (G) .50 0 0 50412.95 11.02
*** TAT 12/13 (G) ADD1 .50 0 0 .00 .00
*** TAT 12/13 (G) ADD2 .50 0 0 .00 .00
*** TAT 12/13 (H) .65 0 0 3019.34 .66
*** TAT 12/13 (H) ADD1 .50 0 0 .00 .00
*** TAT 12/13 (H) ADD2 .50 0 0 .00 00
*** TAT-10 (B) 1.00 0 0 34472.18 7.54
*** TAT-11 D1 .85 0 0 26691.45 5.84
*** TAT-11 D1 ADD1 .75 0 0 .00 .00
TAT-8 (D4) 1.00 0 0 18061.30 3.95
TAT-9 (F1) 1.00 0 0 501.76 .11
TAT-9 (F2) 1.00 0 0 11633.92 2.54
TAT-9 (F3LA) 1.00 0 0 38443.26 8.41
</TABLE>
REVISE GEMINI S.LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA
CAYMAN-JAMAICA, ST. THOM-VENEZ2,G.BAH-NASSAU
NON-F.O. ACCT. UNITS = 1/3 LENGTH + ((ACTIVE CKTS X LENGTH)/1000)
FIBER OPTIC ACCT. UNITS = LENGTH * (1+((NOTIONAL CAP * FF) +
(NOTIONAL CAP * FF)*.1 + (NOTIONAL CAP * FF)*.05) / 725)
*** EXPANDED CAPACITY ACCT. UNITS = LENGTH * (1+((NC1*FF1 + NC2*FF2) +
(NC1*FF1 + NC2*FF2)*.1 + (NC1*FF1 + NC2*FF2)*.O5) / 725)
* EARLY ADMISSION DATE
NOTE: SIR ERIC SHARP SPLIT = WEST ZONE 81.61% EAST ZONE 18.39%
<PAGE>
PAGE 12
RUNDATE: 01/29/98
IMACTS TIME: 16:20
REPORT NAME: IMR01B2
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: C2B ISSUE: 2 SCHEDULE PERIOD: 01/01/1998 TO 06/30/1998
SCHEDULE NUMBER: 1 EFFECTIVE FROM: 01/01/1998 TO 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
------------------------------ ----------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- -------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ATT CUBA#7 155.43 AMERICAS-1 (N) 16154.25 10
AMERICAS-1 (S1) 11202.58 10
ANTILLAS-1 D1-1 13971 10
ANTILLAS-1 D1-2 153.96 10
ANTILLAS-1 D2 8.18 10
AHTILLAS-1 D3 10.30 10
BAHAMAS II (D1) 12844 10
BAHAMAS II (D2) 14894 10
CI CABLE SYSTEM 60.10 10
COLUMBUS II C1(HALF) 37853.89 7
COLUMBUS II SEG.A 2811.93 7
COLUMBUS II SEG.B 26311.30 7
FLORICO 2 5811.19 10
GRN HILL-MASTIC BCH 83.80 10
TAINO-CARIB SEG.E1 708.24 10
TAINO-CARIB SEG.E2 22.01 10
TAING-CARIB SEG.E3 1808.57 10
TAINO-CARIB SEG.E4 102.76 10
TAT-10 (B) 17236.08 7
TAT-8 (D1) 1808130 7
TAT-9 (P2) 11633.92 7
TAT-9 (F3LA) 19221.83 7
TCS-1 (F) 5811.19 10
TCS-P (G1) 1482.09 10
TCS-1 (G2) 113.31 10
TCZ-1 (G3) 874.07 10
TCS-1 (G4) 2044.41 10
*** TAT 12/13 (E) 19780.88 7
*** TAT 12/13 (E) ADD1 7
*** TAT 12/13 (E) ADD2 7
*** TAT 12/13 (G) 16804.32 7
*** TAT 12/13 (G) ADD1 7
*** TAT 12/13 (G) ADD2 7
*** TAT 12/13 (H) 3019.34 7
*** TAT 12/13 (H) ADD1 7
*** TAT 12/13 (H) ADD2 7
*** TAT-11 D1 8897.15 7
*** TAT-11 D1 ADD1 7
</TABLE>
REVISE GEMINI S.LENGTH,ADD CJFS,RETIRE: FLA-BAHAMA CAYMAN-JAMAICA, ST.
THOM-VENEZ2,G.BAH-NASSAU
<PAGE>
IMACTS RUNDATE: 01/29/98
REPORT NAME: 1MR01B2 TIME: 16:32
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: c2B ISSUE: 2
SCHEDULE PERIOD: 01/01/1998 TO: 06/30/1998
SCHEDULE NUMBER: 1
EFFECTIVE FROM: 01/01/1998 TO: 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
--------------------------------- --------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- --------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C>
ANALOG TOTAL 155.43 100.00 % FIBER OPTIC TOTAL 227506.19 49.75 %
** ATT TOTAL 227861.62 49.77 %
- --------------------------------------------------------------------------------------------------------------------------
BATELCO BAHAMAS II (Dl) 128.44 10
BAHAMAS II (D2) 148.94 10
BAHAMAS II DOMESTIC 191.30 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 468.69 .10 %
** BATELCO TOTAL 466.69 .10 %
- --------------------------------------------------------------------------------------------------------------------------
BT
*** TAT 12/13 (E) 18780.66 7
*** TAT 12/13 (E) ADD1 7
*** TAT 12/13 (E) ADD2 7
*** TAT 12/13 (G) 16804.31 7
*** TAT 12/13 (G) ADDl 7
*** TAT 12/13 (G) ADD2 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 36584.97 8.00 %
**BT TOTAL 36584.97 8.00 %
- --------------------------------------------------------------------------------------------------------------------------
C&W ANTIGUA-ST.KITTS 247.50 10
CARAG 3065.40 10
CJFS (SEG.1) 159.89 10
CJFS (SEG.2) 166.38 10
CJFS (SEG.3) 211.47 10
CJFS (SEG.4) 97.80 10
CJES (SEG.5) 8.07 10
CJFS (SEG.6) 69.90 10
CJFS (SEG.7) 9.42 10
CJFS (SEG.8) 133.83 10
ECFS (S1.1) 70.41 10
ECFS (S1.2) 6.03 10
ECFS (S1.3) 9.95 10
ECFS (S10) 42.66 10
ECFS (S11) 45.45 10
ECFS (S2) 61.54 10
ECFS (S3) 48.63 10
ECFS (S4) 22.49 10
</TABLE>
REVISE GEMINI S. LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA CAYMAN-JAMAICA,
ST.THOM-VENEZ2, G.BAH-NASSAU
<PAGE>
IMACTS RUNDATE: 01/29/98
REPORT NAME: 1MR01B2 TIME: 16:32
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: c2B ISSUE: 2
SCHEDULE PERIOD: 01/01/1998 TO: 06/30/1998
SCHEDULE NUMBER: 1
EFFECTIVE FROM: 01/01/1998 TO: 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
--------------------------------- --------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- --------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C>
C&W
ECFS (S5) 43.66 10
ECFS (S6.1A) 46.70 10
ECFS (S6.1B) 69.71 10
ECFS (S6.2) 4.78 10
ECFS (S6.3A) 46.24 10
ECFS (S6.3B) 69.47 10
ECFS (S7) 29.08 10
ECFS (S8) 99.80 10
ECFS (S9) 60.36 10
PTAT E2. 3951.97 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 8896.59 1.95 %
** C&W TOTAL 8896.59 1.95 %
- --------------------------------------------------------------------------------------------------------------------------
CANTY AMERICAS-I (S3) 2429.56 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 2429.56 .53 %
** CANTV TOTAL 2429.56 .53 %
- --------------------------------------------------------------------------------------------------------------------------
CODETEL ANTILLAS-1 D1-1 139.71 10
ANTILLAS-1 D1-2 153.96 10
ANTILLAS-1 D2 8.76 10
ANTILLAS-1 D3 10.30 1O
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 312.74 .07 %
** CODETEL TOTAL 312.74 .07 %
- --------------------------------------------------------------------------------------------------------------------------
DIAG TAT-10 (B) 17236.08 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 17236.08 3.77 %
** DIAG TOTAL 17236.08 3.77 %
- --------------------------------------------------------------------------------------------------------------------------
EMBRATEL AMERICAS-1 (S4) 5885.07 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 5885.07 1.29 %
** EMBRATEL TOTAL 5885.07 1.29 %
- --------------------------------------------------------------------------------------------------------------------------
</TABLE>
REVISE GEMINI S.LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA CAYMAN-JAMAICA,
ST.THOM-VENEZ2, G.BAH-NASSAU
<PAGE>
IMACTS RUNDATE: 01/29/98
REPORT NAME: 1MR01B2 TIME: 16:32
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: c2B ISSUE: 2
SCHEDULE PERIOD: 01/01/1998 TO: 06/30/1998
SCHEDULE NUMBER: 1
EFFECTIVE FROM: 01/01/1998 TO: 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
--------------------------------- --------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- --------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C>
FT ECFS (S1.1) 70.41 10
ECFS (S1.2) 6.03 10
ECFS (S1.3) 9.95 10
ECFS (S10) 42.66 10
ECFS (S11) 45.45 10
ECFS (S2) 61.54 10
ECFS (S3) 46.63 10
ECFS (S4) 22.49 10
ECFS (S5) 43.66 10
ECFS (S6.1A) 46.70 10
ECFS (S6.1B) 69.71 10
ECFS (S6.2) 4.78 10
ECFS (S6.3A) 46.24 10
ECFS (S6.3B) 69.47 10
ECFS (S7) 29.08 10
ECFS (S8) 99.80 10
ECFS (S9) 60.36 10
*** TAT 12/13 (E) 19780.66 7
*** TAT 12/13 (E) ADD1 7
*** TAT 12/13 (E) ADD2 7
*** TAT 12/13 (G) 16804.31 7
*** TAT 12/13 (G) ADDl 7
*** TAT 12/13 (G) ADD2 7
*** TAT-11 D1 8897.15 7
*** TAT-11 D1 ADD1 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 46257.09 10.12 %
** FT TOTAL 46257.09 10.11 %
- --------------------------------------------------------------------------------------------------------------------------
GEMINI GEMINI SOUTH 1690.90 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 1690.90 .37 %
** GEMINI TOTAL 1690.90 .37 %
- --------------------------------------------------------------------------------------------------------------------------
MERCURY *** TAT-11 D1 8897.15 7
*** TAT-11 D1 ADD1 7
</TABLE>
REVISE GEMINI S.LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA CAYMAN-JAMAICA,
ST.THOM-VENEZ2, G.BAH-NASSAU
<PAGE>
IMACTS RUNDATE: 01/29/98
REPORT NAME: 1MR01B2 TIME: 16:32
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: c2B ISSUE: 2
SCHEDULE PERIOD: 01/01/1998 TO: 06/30/1998
SCHEDULE NUMBER: 1
EFFECTIVE FROM: 01/01/1998 TO: 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
--------------------------------- --------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- --------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C>
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 8897.15 1.95 %
** MERCURY TOTAL 8897.15 1.95 %
- --------------------------------------------------------------------------------------------------------------------------
SPRINT/PSI *** PTAT E1 2342.89 7
*** PTAT E1 ADD1
*** PTAT E3A 34850.20 7
*** PTAT E3A ADD1
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 36993.09 8.09 %
** SPRINT/PSI TOT 36993.09 8.09 %
- --------------------------------------------------------------------------------------------------------------------------
TELEBERMUDA BUS1 1438.22 10
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 1438.22 .31 %
** TELEBERMUDA TO 1438.22 .31 %
- --------------------------------------------------------------------------------------------------------------------------
TELEGLOBE CANUS 1 (D1) 2348.90 10
CANUS 1 (D2) 1761.38 10
TAT-9 (F1) 501.75 7
TAT-9 (F3LA) 19221.83 7
*** CANTAT-3 (F1) 32621.63 7
*** CANTAT-3 (F1) ADD1 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 56455.29 12.35 %
** TELEGLOBE TOTA 58455.29 12.34 %
- --------------------------------------------------------------------------------------------------------------------------
TELMEX COLUMBUS II SEG.A 2611.93 7
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 2611.93 .57 %
** TELMEX TOTAL 2611.93 .57 %
- --------------------------------------------------------------------------------------------------------------------------
TLDI ANTILLAS-1 D1-1 139.71 1
ANTILLAS-1 D1-2 153.98
ANTILLAS-1 D2 8.74
ANTILLAS-1 D3 10
</TABLE>
REVISE GEMINI S.LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA CAYMAN-JAMAICA,
ST.THOM-VENEZ2, G.BAH-NASSAU
<PAGE>
IMACTS RUNDATE: 01/29/98
REPORT NAME: 1MR01B2 TIME: 16:32
ACMA 98-ATLANTIC CABLE MAINTENANCE AGREEMENT
WESTERN ZONE
SCHEDULE: c2B ISSUE: 2
SCHEDULE PERIOD: 01/01/1998 TO: 06/30/1998
SCHEDULE NUMBER: 1
EFFECTIVE FROM: 01/01/1998 TO: 06/30/1998
<TABLE>
<CAPTION>
ANALOG FIBER OPTIC
--------------------------------- --------------------------------------------
SEGMENT SEGMENT F.F.
MAINTENANCE AUTHORITY SEGMENT NAME AU SEGMENT NAME AU TABLE
- --------------------- ------------ ------- ------------ ------- -----
<S> <C> <C> <C> <C> <C> <C>
ANALOG TOTAL .00 .00 % FIBER OPTIC TOTAL 312.74 .70 %
** TLDI TOTAL 312.74 .07 %
- --------------------------------------------------------------------------------------------------------------------------
TSTT AMERICAS-1 (S2) 2451.04 10
ECFS (S1.1) 70.41 10
ECFS (S1.2) 6.03 10
ECES (S1.3) 9.95 10
ECFS (S10) 42.66 10
ECFS (S11) 45.45 10
ECFS (S2) 61.51 10
ECFS (S3) 46.63 10
ECFS (S4) 22.49 10
ECFS (S5) 43.66 10
ECFS (S6.1A) 46.70 10
EOFS (S6.1B) 69.71 10
ECFS (S6.2) 4.78 10
ECFS (S6.3A) 46.24 10
ECFS (S6.3B) 69.47 10
ECFS (S7) 29.08 10
ECFS (S8) 99.80 10
ECFS (S9) 60.36 10
ANALOG TOTAL .00 .00 % FIRER OPTIC TOTAL 3226.00 .71 %
** TSIT TOTAL 3226.00 .71 %
- --------------------------------------------------------------------------------------------------------------------------
** WESTERN ZONE 457357.72 ANALOG TOTAL 155.43 .03 % FIBER OPTIC TOTAL 457202.29 99.97 %
TOTAL
- --------------------------------------------------------------------------------------------------------------------------
</TABLE>
REVISE GEMINI S.LENGTH, ADD CJFS, RETIRE: FLA-BAHAMA CAYMAN-JAMAICA,
ST.THOM-VENEZ2, G.BAH-NASSAU
<PAGE>
Schedule F
CABLE SHIP ANNUAL STANDING CHARGES BY AGREEMENT YEAR
================================================================================
CABLE SHIP CURRENCY STANDING CHARGES FOR
AGREEMENT YEAR
(Thousands)
=======================================
1998 1999 2000
================================================================================
BC ATLANTIDA Pesetas 2142200 2181000 2197600
- --------------------------------------------------------------------------------
CS GLOBAL LINK US $ 22616 22901 23134
- --------------------------------------------------------------------------------
CS GLOBAL MARINER US $ 21970 22267 22486
- --------------------------------------------------------------------------------
NC LEON THEVENIN French Francs 82695 83931 85817
- --------------------------------------------------------------------------------
CS SIR ERIC SHARP (pound) Sterling 10695 10891 11097
- --------------------------------------------------------------------------------
CS SOVEREIGN (pound) Sterling 11577 11466 11632
================================================================================
<PAGE>
Schedule G
CABLE SHIP ESTIMATED RUNNING COSTS SUMMARY
CS XXXXXXX
YEAR: 199
CURRENCY: XXX EXCHANGE RATE: XXX DATE OF EXCHANGE RATE XX/XX/XX
<TABLE>
<CAPTION>
================================================================================================
REPAIR OPERATIONS
------------------------------------------------------------
ON OTHER
IN PORT ON PASSAGE GROUND COSTS PER
CABLEWORK OPERATION
================================================================================================
FUEL DETAILS
- ------------
<S> <C> <C> <C>
i Fuel
- Consumption X tonnes/day X tonnes/day X tonnes/day
- Current Price X/tonne X/tonne X/tonne
ii Lub Oil
- Consumed X lts/day X lts/day X lts/day
- Current Price X/lt X/lt X/lt
================================================================================================
COSTS (pound)/Day (pound)/Day (pound)/Day (pound)/Operation
- -----
i Fuel
ii Lub Oil
iii Labour Costs
- Personnel
- Victualling
iv At Sea Insurance
v Port Charges
vi Cable Handing at Base Port
- Loading
- Unloading
vii Consumables (Average Figure)
- Includes but not limited to
Rope
Jointing Consumables
Lost Equipment
Cable Stoppers
viii Miscellaneous Costs
- Includes but not limited to
Operational Communications
Weather Forecasting Services
Specialist Navigation Services
Representatives victualling
TOTAL (Ship Operator Currency)
================================================================================================
TOTAL (Pounds Stg Equivalent)
================================================================================================
</TABLE>
<PAGE>
Schedule N
DOCUMENT OF ADMISSION OF A NEW PARTY
This amendment to the Atlantic Cable Maintenance and Repair Agreement dated 1
January 1998 ("the Agreement") is effective as of this [ ] day of[ ]
19[ ] (the "Effective Date").
WHEREAS, [party's full corporate description and registered address] is a
Maintenance Authority for the [cable system], and desires to become a Party to
the Agreement.
NOW THEREFORE, pursuant to Article 27 of the Agreement, all Parties having
agreed to admission, [party], declaring that the [cable system] has no
service-affecting submerged plant cable faults, is hereby admitted as a Party to
the Agreement on the Effective Date.
As of the Effective Date, [party] agrees that it shall be added as a Party to
Schedule A, and that it shall enjoy all rights and be subject to all obligations
of a Party to the Agreement and the [cable system] shall be included in Schedule
B1 and/or B2, as appropriate.
IN WITNESS WHEREOF, the undersigned, duly authorised, have signed this
amendment.
Chairman, Management Committee for and on behalf of the Parties to the Agreement
_________________________________________ Date:_______________________________
For and on behalf of [party]
_________________________________________ Date:_______________________________
<PAGE>
Schedules to Credit Agreement
<PAGE>
Exhibit 10.11
Schedule 1.1(i) Certain Calculations
<PAGE>
SCHEDULE 1.1(i)
CERTAIN CALCULATIONS
"Bank Model Table" means the table set forth below providing details of
(i) Projected Volume, (ii) Projected Price and (iii) Projected Net Expenses(1).
PROJECTED PROJECTED NET
VOLUME PROJECTED PRICE EXPENSES
DATE (in STM-1s) (in millions per STM-1) (in millions)
First Quarter 2002 26.78 $ 1.522 $ 4.197
Second Quarter 2002 26.78 $ 1.522 $ 4.028
Third Quarter 2002 26.78 $ 1.522 $ 5.253
Fourth Quarter 2002 26.78 $ 1.522 $ 4.077
First Quarter 2003 36.08 $ 1.369 $ 4.386
Second Quarter 2003 36.08 $ 1.369 $ 4.361
Third Quarter 2003 36.08 $ 1.369 $ 5.586
Fourth Quarter 2003 36.08 $ 1.369 $ 4.412
First Quarter 2004 36.64 $ 1.232 $ 4.696
Second Quarter 2004 36.64 $ 1.232 $ 4.672
Third Quarter 2004 36.64 $ 1.232 $ 5.897
Fourth Quarter 2004 36 64 $ 1.232 $ 4.724
First Quarter 2005 47.04 $ 1.109 $ 5.002
Second Quarter 2005 47.04 $ 1.109 $ 4.979
Third Quarter 2005 47.04 $ 1.109 $ 6.206
Fourth Quarter 2005 47.04 $ 1.109 $ 5.032
First Quarter 2006 59.11 $ 0.998 $ 5.388
Second Quarter 2006 59.11 $ 0.998 $ 5.365
Third Quarter 2006 59.11 $ 0.998 $ 6.592
- ----------
1 Projected Net Expenses is the projected O&M revenues minus projected total
operating expenses minus projected permitted capital expenditures minus
projected taxes pursuant to the Operating Projections.
<PAGE>
Fourth Quarter 2006 59.11 $ 0.998 $ 5.420
First Quarter 2007 62.27 $ 0 898 $ 5.770
"Capacity Reserve Requirement" shall mean, as of any date of
determination, an amount equal to (i) in the case of the first upgrade of 1024
STM-1's of the System to be done by the Company, (x) $147,000 (or such lesser
amount as the Company and the Independent Engineer shall agree is the then
market per unit cost of upgrading 1024 STM-1's) for the first 615 STM-1's to be
sold by the Company and (y) $88,000 (or such lesser amount as the Company and
the Independent Engineer shall agree is the then market per unit cost of
upgrading 1024 STM-1's) for any subsequent STM-1's to be sold by the Company
and (ii) in the case of any subsequent upgrade of the System $88,000 (or such
lesser amount as the Company and the Independent Engineer shall agree is the
then market per unit cost of upgrading 1024 STM-1's) for any subsequent STM-1's
to be sold by the Company.
"Capacity Upgrade Requirement" shall mean, for each quarter, the product
of (a) Projected Volume times the Volume Factor times (b) the Capacity Reserve
Requirement.
"Capacity Upgrade Shortfall" means, as of any date of determination, the
Capacity Upgrades Reserve Required Balance minus the actual balance held on the
Capacity Upgrades Reserve Account.
"Present Value Coverage Ratio" shall mean, as at any date of
determination, the ratio of (a) the sum of the present value of Projected Cash
Available for Debt Service (calculated on the basis of the Company's current
borrowing rate for such quarter) for each of the quarters following the date of
determination to the Final Maturity Date minus the Capacity Upgrade Shortfall to
(b) the outstanding Loans as of such date.
"Price Factor" shall mean, as at any date of determination, the ratio
of (a) the historical average weighted contract price paid per STM-1 of Capacity
(excluding sales of fiber pairs) during the previous four quarters (or such
shorter period during the first four quarters after the Conversion Date) to (b)
the average Projected Price for such four quarters (or such shorter period
during the first four quarters after the Conversion Date).
<PAGE>
"Projected Cash Available for Debt Service" shall mean, for each quarter,
(a) Projected Volume times the Volume Factor, times (b) Projected Price times
the Price Factor, minus (c) Sales Commissions, minus (d) the Capacity Upgrade
Requirement, minus (e) Projected Net Expenses.
"Projected Net Expenses" shall mean, for each quarter, the expenses set
forth opposite the correlative date indicated on the Bank Model Table.
"Projected Price" shall mean, for each quarter, the price per STM-1 of
Capacity set forth opposite the correlative date indicated on the Bank Model
Table.
"Projected Volume" shall mean, for each quarter, the amount of volume (in
STM-1's) set forth opposite the correlative date indicated on the Bank Model
Table.
"Sales Commissions" shall mean, for each quarter, (a) the sales
commissions prevailing for such quarter, times (b) Projected Volume times the
Volume Factor, times (c) Projected Price times the Price Factor.
"Volume Factor" shall mean, as at any date of determination, the ratio
of (a) the total volume (in STM-1's) of Capacity sold (excluding sales of fiber
pairs) during the previous four quarters (or such shorter period during the
first four quarters after the Conversion Date) to (b) the sum of the Projected
Volume amounts for such four quarters (or such shorter period during the first
four quarters after the Conversion Date).
<PAGE>
Schedule 1.1(iii) Principal Payment Dates/Amortization
<PAGE>
SCHEDULE 1.1(iii)
PRINCIPAL PAYMENT DATES/AMORTIZATION
================================================================================
SCHEDULED
REPAYMENTS
OF TERM
DATE LOANS
================================================================================
March 31, 2002 1.875%
- --------------------------------------------------------------------------------
June 30, 2002 1.875%
- --------------------------------------------------------------------------------
September 30, 2002 1.875%
- --------------------------------------------------------------------------------
December 31, 2002 1.875%
- --------------------------------------------------------------------------------
March 31, 2003 4.375%
- --------------------------------------------------------------------------------
June 30, 2003 4.375%
- --------------------------------------------------------------------------------
September 30, 2003 4.375%
- --------------------------------------------------------------------------------
December 31, 2003 4.375%
- --------------------------------------------------------------------------------
March 31, 2004 4.375%
- --------------------------------------------------------------------------------
June 30, 2004 4.375%
- --------------------------------------------------------------------------------
September 30, 2004 4.375%
- --------------------------------------------------------------------------------
December 31, 2004 4.375%
- --------------------------------------------------------------------------------
March 31, 2005 5.625%
- --------------------------------------------------------------------------------
June 30, 2005 5.625%
- --------------------------------------------------------------------------------
September 30, 2005 5.625%
- --------------------------------------------------------------------------------
December 31, 2005 5.625%
- --------------------------------------------------------------------------------
March 31, 2006 6.875%
- --------------------------------------------------------------------------------
June 30, 2006 6.875%
- --------------------------------------------------------------------------------
September 30, 2006 6.875%
- --------------------------------------------------------------------------------
December 31, 2006 6.875%
- --------------------------------------------------------------------------------
1.1 (iii) - 1
<PAGE>
================================================================================
SCHEDULED
REPAYMENTS
OF TERM
DATE LOANS
================================================================================
March 31, 2007 7.500%
- --------------------------------------------------------------------------------
1.1 (iii) - 2
<PAGE>
Schedule 1.1(iv) Project Budget
<PAGE>
PROJECT BUDGET
(Figures are in Millions)
Supply Contract $ ***
Landing Stations ***
Backhaul/POPs ***
Program Management ***
Other ***
---------
TOTAL $ ***
- ----------
Confidential treatment has been requested with respect to the portions of this
agreement marked with three asterisks (***) and the redacted material has
been filed separately with the Securities and Exchange Commission.
<PAGE>
Schedule 1.1(v) Sponsor Pre-Sale Capacity Commitments
<PAGE>
Schedule 1.1(v)
Sponsor Pre-Sale Capacity Commitments
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------
Capacity Purchaser Amount Payment Dates Letter of Credit Issuer
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C>
*** 30% following the Dresdner Bank AG
*** million Closing Date; 10%
quarterly installments
beginning on December
31, 1999
- --------------------------------------------------------------------------------------------
*** *** million* 100% at Initial RFS n/a
- --------------------------------------------------------------------------------------------
*** *** million 80% by Initial RFS; the n/a
balance following notice
that the full system is
able to carry commercial
traffic
- --------------------------------------------------------------------------------------------
*** *** million Prior to the Closing Date n/a
- --------------------------------------------------------------------------------------------
*** *** million** 75% by Initial RFS; the n/a
balance following notice
that the full system is
able to carry commercial
traffic
- --------------------------------------------------------------------------------------------
*** *** million Approximately 30 days n/a
from the Closing Date
- --------------------------------------------------------------------------------------------
</TABLE>
***
<PAGE>
Schedule 1.1 (vii) Schedule of Sources and Uses
<PAGE>
SOURCES AND USES
(Figures are in Millions)
SOURCES USES
------- ----
Construction Loan $ *** Supply Contract $ ***
Revolving Credit *** Landing Stations ***
Sponsor Pre-Sales *** Backhaul/POPs ***
Equity *** Program Management ***
---------
TOTAL $ *** Other ***
---------
TOTAL $ ***
<PAGE>
Schedule 1.1(viii) Applicable Margin/Commitment Fees
<PAGE>
SCHEDULE 1.1(viii)
PART I. APPLICABLE MARGIN
The Applicable Margin on the outstanding Loans shall be calculated from time to
time at a split rate, calculated as provided below:
(i) The Applicable Margin shall equal:
(a) 1.25% (in the case of Eurodollar Loans) and 0.25% (in the case of
ABR Loans) for that portion of the outstanding Loans that equals the
aggregate amount of the Qualifying Pre-Sale Capacity Receivables, if
any, as at the relevant date of determination (as provided below),
provided, however, that the portion of the Loans that accrues
interest at this rate shall not exceed an amount equal to 50% of the
outstanding Loans as at the relevant date of determination; and
(b) 3.00% (in the case of Eurodollar Loans) and 2.00% (in the case of
ABR Loans) for the balance of the outstanding Loans.
Provided, however, that the Applicable Margin for Revolving Credit
Loans shall equal 3.00% (in the case of Eurodollar Loans) and 2.00% (in the case
of ABR Loans).
(ii) The Applicable Margin shall be determined in respect of each outstanding
Loan on the following dates of determination:
(a) for any Eurodollar Loan, on the first day of the initial Interest
Period and each three month anniversary thereof during the
Construction Loan Commitment Period (or if such day is not an
Interest Payment Date, the closest Interest Payment Date thereto)
and the Conversion Date and each three month anniversary thereof for
so long as the Term Loans remain outstanding (or if any such
anniversary date is not an Interest Payment Date, the closest
Interest Payment Date thereto); and
(b) for any ABR Loan, on the date of borrowing (or converting into) such
ABR Loan and thereafter on each Interest Payment Date for such ABR
Loan.
1
<PAGE>
Part II - Commitment Fee
During the Construction Loan Commitment Period, the Commitment fee shall accrue
in respect of the undrawn Construction Loan Commitments at a split rate,
calculated as provided herein.
(i) The Commitment fee shall accrue at
(a) a rate of 0.375% per annum on that portion, if any, of the average
daily undrawn Construction Loan Commitments which could have been
drawn as Loans accruing interest at the lower Applicable Margin (as
provided in clause (i)(a) of Part I of this Schedule) during the
relevant period, such amount to equal the difference between (x) the
aggregate amount of Qualifying Pre-Sale Capacity Receivables as at
the relevant date of determination (as provided below) and (y) the
average daily aggregate principal amount of Loans that, during the
relevant period, accrues interest at the lower Applicable Margin
provided for in clause (i)(a) of Part I of this Schedule; provided
however, in no event shall the portion of the undrawn Construction
Loan Commitments that is eligible to accrue fees at this rate exceed
50% of the amount of the undrawn Construction Loan Commitments as at
the relevant date of determination; and
(b) a rate of 0.75% per annum on the balance of the avenge daily undrawn
Construction Loan Commitments and Revolving Credit Commitments
during the relevant period.
(ii) The amount of undrawn Construction Loan Commitments shall be based on the
daily average undrawn Construction Loan Commitment amounts during the
relevant three-month period preceding each payment date for the Commitment
fee and the date of determination of (a) the amount of the Qualifying
Pre-Sale Capacity Receivables (for purposes of clause (i)(a)(x) above) and
(b) the limitation set forth in the proviso to clause (i)(a) above, shall
be the first date of such three-month period.
2
<PAGE>
Schedule 3.6 Capital and Corporate Structure
<PAGE>
Company Structure
[GRAPHIC OMITTED]
<PAGE>
Schedule 3.9 Litigation
<PAGE>
SCHEDULE 3.9 TO
CREDIT AGREEMENT
Litigation:
None
Schedule 3.9-1
<PAGE>
Schedule 3.11(a) Real Estate Assets and Leases
<PAGE>
SCHEDULE 3 11(a) TO
CREDIT AGREEMENT
Real Estate Assets and Leases:
None
Schedule 3.11(a)-1
Schedule 3.19(b) Contractual Obligations
<PAGE>
SCHEDULE 3.19(b)
Material Contractual Obligations of the Company (excluding the Financing
Documents)
1. Contract between FAL, FA USA, FAUK, FAF and Alcatel Submarine Networks
("ASN"), Alcatel Submarine Networks Inc. and Alcatel Submarine Networks
Limited dated 20 September 1999.
2. Performance Bond Letter of Credit issued by Credit Commercial de France in
respect of(1).
3. Guarantee from Alcatel dated 7 October 1999 in respect of(1).
4. Construction Management Agreement dated 8 October 1999 between FAL and
FTGSL.
S. Construction Management Agreement dated 8 October 1999 between FAL and
GTS.
6. Facilities Management Agreement dated 8 October 1999 among FAL, FTGSL and
UTS.
7. Customer Marketing Agreement dated 8 October 1999 among FAL, FLAG Telecom
Ireland Limited and GTS.
8. Arbitration Agreement dated 8 October 1999 among FAL, FAHL, GTS
TransAtlantic Holdings, Ltd., and their Affiliates.
9. Fibre, Capacity and Facilities Purchase Agreement dated 8 October 1999
among FAL, FAUSA and GTSCSL.
10. Capacity Right of Use Agreement dated 8 October 1999 among FAL, FALSA and
Nynex Long Distance Company, d/b/a Bell Atlantic Long Distance.
11. Capacity Right of Use Agreement dated 8 October 1999 among FAL, FAUSA and
Singapore Telecommunications Limited.
12. Indefeasible Right of Use Agreement dated 8 October 1999 among FAL, FAUSA
and Teleglobe USA Inc.
13. Letter agreement for the purchase of capacity between Alcatel and FAL
dated 8 October 1999.
14. Letter agreement for the purchase of capacity between PSINet Inc. and FAL
dated 29 September 1999.
<PAGE>
15. Capacity Right of Use Agreement dated 22 July 1999 as amended by Contract
Variation 1 dated 4 October 1999 among FAL, FAUSA and Worldstar Telecom
Inc.
Abbreviations:
FAHL FLAG Atlantic Holdings Limited
FAL FLAG Atlantic Limited
FAUSA FLAG Atlantic USA Limited
FAUK FLAG Atlantic UK Limited
FAF FLAG Atlantic France Sarl
FTGSL FLAG Telecom Group Services Limited
GTS GTS Carrier Services Inc.
GTSCS GTS Carrier Services Limited
<PAGE>
Schedule 5.26 Conditions to Satisfy' as to Material Real Estate Assets
<PAGE>
Schedule 5.26
CONDITIONS TO SATISFY AS TO
MATERIAL REAL ESTATE ASSETS
A. United States Material Real Estate Assets. If the Material Real Estate Asset
is located in the United States of America:
1. Fully executed and notarized Mortgages (as defined below), in proper
form for recording in all appropriate places in all applicable
jurisdictions, encumbering each such Material Real Estate Asset
(each, a "U.S. Mortgaged Property").
2. An opinion of counsel (which counsel shall be reasonably
satisfactory to the Administrative Agent) in the state in which the
U.S. Mortgaged Property is located with respect to the
enforceability of the form(s) of Mortgages to be recorded in such
state and such other customary matters as the Administrative Agent
may reasonably request, in each case in form and substance
reasonably satisfactory to the Administrative Agent.
3. In the case of each Leasehold Property (as defined below) that is a
U.S. Mortgaged Property, (1) a Landlord Consent and Estoppel (as
defined below) and (2) if relevant, evidence that such Leasehold
Property is a Recorded Leasehold Interest (as defined below).
4. An ALTA (or, where the ALTA form is not available, a similar form
used in such jurisdiction) mortgagee title insurance policy or
unconditional commitment therefor issued by a title company with
respect to the U.S. Mortgaged Property (each, a "Title Policy"),
together with a title report issued by a title company with respect
thereto, and copies of all recorded documents listed as exceptions
to title or otherwise referred to therein, each in customary form
reasonably satisfactory to the Administrative Agent.
5. Evidence of flood insurance with respect to each Flood Hazard
Property (as defined below) that is located in a community that
participates in the National Flood Insurance Program, in each case
in compliance with any applicable regulations of the Board of
Governors of the Federal Reserve System, in form and substance
reasonably satisfactory to the Administrative Agent.
Schedule 5.26 - 1
<PAGE>
6. Surveys of all U.S. Mortgaged Properties which are not Leasehold
Properties, certified to the Administrative Agent and dated not more
than thirty (30) days prior to the delivery of such survey. All such
surveys shall be ALTA surveys to the extent practicable.
B. United Kingdom Material Real Estate Assets. If the Material Real Estate
Asset is located in the United Kingdom:
1. Fully executed and completed Mortgages in a proper form for the
purposes of registration in accordance with the laws of England and
Wales, encumbering each such Material Real Estate Asset (each, a
"U.K. Mortgaged Property").
2. In the case of each Leasehold Property that is a U.K. Mortgaged
Property and where the relevant lease requires a landlord's consent
to the creation of a Mortgage, (I) a Landlord Consent and Estoppel
and (2) if relevant, evidence that such Leasehold Property is
registered accordingly at HM Land Registry.
3. In the case of each Leasehold Property that is a UK Mortgaged
Property and where the relevant lease does not require the
landlord's consent to the creation of a Mortgage, a Landlord Notice.
4. Any executed and completed Licences required to be panted by a
landlord of Leasehold Property which is a U.K. Mortgaged Property.
5. Title documents evidencing good title of the Company or any
Subsidiary thereof in respect of each relevant U.K. Mortgaged
Property to which such entity acquires title.
6. Surveys of each U.K. Mortgaged Property certified as having been
carried out in accordance with generally accepted good practice in
the United Kingdom by a duly qualified surveyor, such surveys not to
be dated more than 30 days prior to their delivery.
Schedule 5.26 - 2
<PAGE>
DEFINED TERMS
"First Priority" means, with respect to any Lien purported to be created
in any Collateral pursuant to any Security Document, that such Lien is the only
Lien to which such Collateral is subject, other than Permitted Liens.
"Flood Hazard Property" means a U.S. Mortgaged Property located in an area
designated by the Federal Emergency Management Agency as having special flood or
mud slide hazards.
"Landlord Consent and Estoppel" means, (a) with respect to any Leasehold
Property that constitutes a U.S. Mortgaged Property, an agreement in writing by
and between the Administrative Agent and the lessor under the related lease,
substantially in the form of Exhibit 0 and (b) with respect to any Leasehold
Property that constitutes a U.K. Mortgaged Property, a deed in favor of the
Administrative Agent executed by the lessor under the related lease
substantially in the form of Exhibit R.
"Landlord Notice" means, in respect of any Leasehold Property that
constitutes a UK Mortgaged Property, a notice in writing given by the relevant
lessor under the related lease substantially in the form of Exhibit S.
"Leasehold Property" means any leasehold interest of the Company or any
Subsidiary thereof as lessee under any lease of real property that constitutes a
Material Real Estate Asset, other than any such leasehold interest designated
from time to time by the Administrative Agent in its sole discretion as not
being required to be included in the Collateral.
"Mortgage" means a form of mortgage reasonably acceptable to
Administrative Agent.
"Record Document" means, with respect to any Leasehold Property, (i) the
lease evidencing such Leasehold Property or a memorandum thereof, executed and
acknowledged by the owner of the affected real property, as lessor, or (ii) if
such Leasehold Property was acquired or subleased from the holder of a Recorded
Leasehold Interest, the applicable assignment or sublease document, executed and
acknowledged by such holder, in each case in form sufficient in the applicable
jurisdiction to enable the Administrative Agent to obtain a Title Policy.
"Recorded Leasehold Interest" means a Leasehold Property with respect to
which a Record Document has been recorded in all places necessary or desirable,
in the
Schedule 5.26 - 3
<PAGE>
Administrative Agent's reasonable judgment, to give constructive notice of such
Leasehold Property to third-party purchasers and encumbrancers of the affected
real property.
Schedule 5.26 - 4
<PAGE>
Schedule 6.18 Transactions with Affiliates
<PAGE>
SCHEDULE 6.18
Transactions with Affiliates
1. Contract between FAL, FAUSA, FAUK, FAF and Alcatel Submarine Networks
("ASN"), Alcatel Submarine Networks Inc. and Alcatel Submarine Networks
Limited dated 20 September 1999.
2. Construction Management Agreement dated 8 October 1999 between FAL and
FTGSL.
3. Construction Management Agreement dated 8 October 1999 between FAL and
GTS.
4. Facilities Management Agreement dated 8 October 1999 among FAL, FTGSL and
GTS.
5. Customer Marketing Agreement dated 8 October 1999 among FAL, FLAG Telecom
Ireland Limited and GTS.
6. Arbitration Agreement dated 8 October 1999 among FAL, FAHL, GTS
TransAtlantic Holdings, Ltd., and their Affiliates.
7. Fibre, Capacity and Facilities Purchase Agreement dated 8 October 1999
between [GTS] and FAL.
Abbreviations:
FAHL FLAG Atlantic Holdings Limited
PAL FLAG Atlantic Limited
FAUSA FLAG Atlantic USA Limited
PACK FLAG Atlantic UK Limited
FAF FLAG Atlantic France Sari
FTGSL FLAG Telecom Group Services Limited
GTS GTS Carrier Services Inc.
GTSCSL GTS Carrier Services Limited
<PAGE>
Exhibit 10.16
Schedules to
Amended and Restated
Shareholder Pledge
<PAGE>
Exhibit 10.16
SCHEDULE I
TO PLEDGE AGREEMENT
Attached to and forming a part of the Pledge Agreement dated as of October
8, 1999, by and among the Pledgors referred to therein and Barclays Bank Plc, as
Secured Party.
Part A
<TABLE>
<CAPTION>
==================================================================================================================
Percent-
age of
Outsta-
Stock Number nding
Class of Certificate Par of Shares
Pledgor Stock Issuer Stock Nos. Value Shares Pledged
==================================================================================================================
<S> <C> <C> <C> <C> <C> <C>
FLAG Atlantic FLAG Atlantic Limited Ordinary 1 $1.00 6,000 50%
Holdings Limited
- ------------------------------------------------------------------------------------------------------------------
GTS TransAtlantic FLAG Atlantic Holdings Ordinary 2 $1.00 6,000 50%
Holdings, Ltd. Limited
- ------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------
==================================================================================================================
</TABLE>
257472--7A EXECUTION
AMENDED AND RESTATED SHAREHOLDER PLEDGE AGREEMENT
24
<PAGE>
SCHEDULE II
TO PLEDGE AGREEMENT
[FORM OF PLEDGE AMENDMENT]
This Pledge Amendment, dated _______________, [199_] [200_] is delivered
pursuant to Section 6(b) of the Pledge Agreement referred to below. The
undersigned hereby agrees that this Pledge Amendment may be attached to the
Pledge Agreement dated as of October 8, 1999, by and among the Pledgors referred
to therein and Barclays Bank Plc, as Secured Party (the "Pledge Agreement",
capitalized terms defined therein being used herein as therein defined), and
that the Pledged Shares listed on this Pledge Amendment shall be deemed to be
part of the Pledged Shares and shall become part of the Pledged Collateral and
shall secure all Secured Obligations.
[NAME OF PLEDGOR]
By:
Name:
Title:
<TABLE>
<CAPTION>
================================================================================================================
Percentage of
Class of Stock Par Number of Outstanding
Stock Issuer Stock Certificate Nos. Value Shares Shares Pledged
================================================================================================================
<S> <C> <C> <C> <C> <C>
- ----------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------
================================================================================================================
</TABLE>
257472--7A EXECUTION
AMENDED AND RESTATED SHAREHOLDER PLEDGE AGREEMENT
25
<PAGE>
SCHEDULE III
TO PLEDGE AGREEMENT
[FORM OF PLEDGE ACKNOWLEDGMENT]
This Pledge Acknowledgment, dated _______________, [199_] [200_], is
delivered pursuant to the Pledge Agreement referred to below. The undersigned
hereby agrees that this Pledge Acknowledgment may be attached to the Pledge
Agreement dated October 8, 1999, by and among the Pledgors referred to therein
and Administrative Agent, as Secured Party (as amended, restated, supplemented
or otherwise modified to the date hereof, the "Pledge Agreement", capitalized
terms defined therein being used herein as therein defined), that the
undersigned by executing and delivering this Acknowledgment hereby becomes a
Pledgor under the Pledge Agreement and agrees to be bound by all of the terms
thereof, and that the Pledged Shares listed on this Pledge Acknowledgment shall
be deemed to be part of the Pledged Shares and shall become part of the Pledged
Collateral and shall secure all Secured Obligations.
[NAME OF ADDITIONAL PLEDGOR]
By:
Name:
Title:
Notice Address:
<TABLE>
<CAPTION>
================================================================================================================
Percentage of
Class of Stock Par Number of Outstanding
Stock Issuer Stock Certificate Nos. Value Shares Shares Pledged
================================================================================================================
<S> <C> <C> <C> <C> <C>
- ----------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------
================================================================================================================
</TABLE>
257472--7A EXECUTION
AMENDED AND RESTATED SHAREHOLDER PLEDGE AGREEMENT
26
<PAGE>
Exhibit 10.17
Schedules
to
Bell Capacity Right
of USE Agreement
<PAGE>
Exhibit 10.17
SCHEDULE 1
DESCRIPTION OF SYSTEM
A trans-Atlantic cable system known as FLAG Atlantic-1 which is to operate from
London and Paris to New York and will include a trans-Atlantic subsea element
and backhaul elements in Europe and the United States.
The subsea element will involve the construction of four landing stations ("the
Landing Stations"), a six fibre pair ring system across the Atlantic Ocean, with
six fibre pairs connecting the US Landing Stations and six fibre pairs
connecting the European Landing Stations. The Landing Stations are currently
expected to be at (i) Cornwall (UK), (ii) St. Brieuc (France), (iii) Makamah
Beach on the North shore of Long Island, New York (US) and (iv) Long Beach on
the South shore of Long Island, New York (US). Each fibre pair will be designed
for a minimum capacity of 40 wavelengths with each wavelength running at 10
Gbps.
The backhaul elements will seamlessly connect the Landing Stations to the
digital/optical input/output port on the digital/optical distribution frame
("Terminal Point") in the heart of London, Paris, New York and, at the absolute
discretion of FA-1, in New Jersey.
The initial stage of the system will consist of the Northern subsea link from
Cornwall to the North shore of Long Island, the Cornwall to Brittany
Trans-Channel link and the backhaul elements (which include the terrestrial link
between the North shore and the South shore of Long Island). The full system
will consist of the initial stage and the Southern subsea link from Brittany to
the south shore of Long Island ("Full System").
The system will be installed initially with at least 160 Gbps of capacity but
will be designed with technology capable of upgrade to 2.4 terabits per second.
The base system has been designed to provide restoration within its own
capabilities by way of protection switching. This has been achieved by means of
a redundant multi-loop architecture within the system. This architecture
provides redundancy in the event of a failure of any component within the
system.
The system will:
- have the ability to carry commercial traffic between any two points
(consisting of one or many segments) which meets ITU-T G.826
recommendations.
- have automatic self-healing ring protection between any two points
(consisting of one or many segments)
- have network management capability for the system as a whole
17
<PAGE>
SCHEDULE 2A
1. Capacity
---------------------------------------------------------------------
Route - From the Terminal Capacity Purchase
Point facilities in London or Price US$
Paris (at the option of BELL (excl. taxes)
ATLANTIC) to either of the
Terminal Point facilities in
New York or, if applicable, in
New Jersey (at the option of
BELL ATLANTIC).
---------------------------------------------------------------------
Tranche 1 16 STM-1s multiplexed $ ***
at STM-4 level
----------------------------------------------------------------------
Tranche 2 16 STM-1s multiplexed $ ***
at STM-4 level
----------------------------------------------------------------------
Tranche 3 32 STM-1s multiplexed $ ***
at STM-4 level
----------------------------------------------------------------------
Tranche 4 64 STM-1s multiplexed $ ***
at STM-4 level
----------------------------------------------------------------------
- ----------
Confidential treatment has been requested with respect to the portions of this
agreement marked with three asterisks (***) and the redacted material has
been filed separately with the Securities and Exchange Commission.
18
<PAGE>
SCHEDULE 2B
---------------------------------------------------------------------
Route - From the Terminal Capacity Purchase
Point facilities in London or Price US$
Paris (at the option of BELL (excl. taxes)
ATLANTIC) to either of the
Terminal Point facilities in
New York or, if applicable, in
New Jersey (at the option of
BELL ATLANTIC).
---------------------------------------------------------------------
Tranche 1 12 STM-1s multiplexed $ ***
at STM-4 level and 1 x
STM-1
---------------------------------------------------------------------
Tranche 2 12 STM-1s multiplexed $ ***
at STM-4 level and 1 x
STM-1
---------------------------------------------------------------------
Tranche 3 26 STM-1s multiplexed $ ***
at STM-4 level
---------------------------------------------------------------------
Tranche 4 52 STM-1s multiplexed $ ***
at STM-4 level
---------------------------------------------------------------------
Tranche 5 104 STM-1s multiplexed $ ***
at STM-4 level
---------------------------------------------------------------------
19
<PAGE>
SCHEDULE 3
(Payment schedule for Tranche 1)
- ----------------------------------------------------
Date Percentage
of Purchase
Price ($US)
- ----------------------------------------------------
On receipt of a notice from FA-1 that ***%
FA-1 Financial Closure (as defined in
clause 23.3) has occurred
- ----------------------------------------------------
31 December 1999 ***%
- ----------------------------------------------------
1 April 2000 ***%
- ----------------------------------------------------
1 July 2000 ***%
- ----------------------------------------------------
1 October 2000 ***%
- ----------------------------------------------------
Initial RFS Date ***%
- ----------------------------------------------------
Date on which FA-1 notifies BELL ***%
ATLANTIC that the Full System is able
to carry commercial traffic
- ----------------------------------------------------
20
<PAGE>
SCHEDULE 4
Provisions for Collocation Agreement
If BELL ATLANTIC desires to install equipment at a Terminal Point in order to
connect to the Capacity, the Parties agree to negotiate in good faith a
Collocation Agreement which shall be based on the following principles:
1. BELL ATLANTIC shall be granted a license to place its equipment in racks
at the Terminal Point premises from the Initial RFS Date until the
termination or expiration of this Agreement. BELL ATLANTIC will pay a
price per rack per annum for use of the racks no more than the price per
rack paid to FA-1 by its most favoured purchasers, payable annually in
advance.
2. BELL ATLANTIC shall be permitted to use the racks only for the purpose of
connecting to the System.
3. Access to the Terminal Point premises will be available to BELL ATLANTIC's
authorised personnel on a 24*365 basis subject to compliance with
reasonable safety, security and access rules.
4. Commercial terms for services (such as installation, first line
maintenance, shifts and changes) and for utilities (such as power heating
lighting) to be provided by FA-1 at the Terminal Point are to be
negotiated.
5. Assignment or sublicensing of the racks by BELL ATLANTIC shall be
permitted only where the Capacity has been assigned, provided that this
limitation shall not prohibit Bell Atlantic from permitting its Affiliates
(as defined in clause 13.1) to use the racks to connect to the System.
6. Only appropriately qualified staff of BELL ATLANTIC may enter the Terminal
Points.
7. Cable shall not be installed by BELL ATLANTIC except under the direct
supervision of FA-1.
8. BELL ATLANTIC shall submit suitable documentation evidencing that the
equipment meets appropriate industry specifications and safety
requirements.
9. BELL ATLANTIC must provide evidence to FA-1 that it will be able to
operate the equipment during BELL ATLANTIC labour disputes.
21
<PAGE>
SCHEDULE 5
O&M PAYMENTS
BELL ATLANTIC shall pay ***. The operation and maintenance costs of the
System shall include, without limitation:
o ***
The operation and maintenance costs shall not include ***
o ***
On the Initial RFS Date FA-1 shall provide to BELL ATLANTIC a budgetary estimate
of the costs from the date of activation until the end of the then calendar
year. Thereafter FA-1 shall provide such budgetary estimate on 31st October of
each year. Within three months of the end of each year FA-1 shall provide to
BELL ATLANTIC the actual costs for such year and any adjustments necessary will
be effected by a debit or credit for the next quarter (and, if necessary,
subsequent quarters), as appropriate. In no event shall BELL ATLANTIC be
required to pay more than $*** per STM-1 per annum. FA-1 shall provide
satisfactory evidence of the actual costs and the amount of capacity activated
on the System referred to above and for this purpose FA-1 shall keep appropriate
records for a period of three years after the relevant invoice for inspection by
an auditor if required. ***
22
<PAGE>
SCHEDULE 6A
DELIVERY SCHEDULE
BELL ATLANTIC shall be entitled to Capacity on the System if Schedule 2A is
applicable on the following basis:
- -------------------------------------------------------------------------------
Availability Schedule Date Capacity Available To
Activate (STM-1s)
- -------------------------------------------------------------------------------
Tranche1 *** ***
- -------------------------------------------------------------------------------
Optional Additional Capacity
- -------------------------------------------------------------------------------
Tranche 2 *** ***
- -------------------------------------------------------------------------------
Tranche 3 *** ***
- -------------------------------------------------------------------------------
Tranche 4 *** ***
- -------------------------------------------------------------------------------
23
<PAGE>
SCHEDULE 6B
DELIVERY SCHEDULE
BELL ATLANTIC shall be entitled to Capacity on the System if Schedule 2B is
applicable on the following basis:
- -------------------------------------------------------------------------------
Availability Schedule Date Capacity Available To
Activate (STM-1s)
- -------------------------------------------------------------------------------
Tranche1 *** ***
- -------------------------------------------------------------------------------
Optional Additional Capacity
- -------------------------------------------------------------------------------
Tranche 2 *** ***
- -------------------------------------------------------------------------------
Tranche 3 *** ***
- -------------------------------------------------------------------------------
Tranche 4 *** ***
- -------------------------------------------------------------------------------
Tranche 5 *** ***
- -------------------------------------------------------------------------------
24
<PAGE>
SCHEDULE 7
ACCEPTANCE TESTS
1. Bringing-into-service-tests ("BIS Tests") (clause 2.1.2)
The BIS Tests will involve prolonged bit-error rate and pointer (or similar)
method of measuring the timing of the System. The BIS Tests will demonstrate
that the bit-error rate at the end of the life of the System is two times the
bit-error rate under ITU-T recommendation G.829.
2. Operation and Maintenance of the System (clause 5.1)
SYSTEM POWER BUDGET
Contents
1. SYSTEM POWER BUDGET
2. CHROMATIC DISPERSION MANAGEMENT OF WDM SYSTEM
Table A Power Budget available on FLAG Atlantic repeatered submarine
Segments for Transmission at 40*10 Gbit/s
Table B Power Budget for FLAG Atlantic non-repeatered Segment D.
25
<PAGE>
SYSTEM POWER BUDGET
1. SYSTEM POWER BUDGET
The Power Budget has been calculated to guarantee all the transmission
performance requirements of the System over its design life.
Calculations are presented to obtain better than the minimum required BER
performance using the ITU-T Recommendation G826 to derive a worst case BER
limit for the System.
The following table contains the performance budget and the following
paragraphs detail the values listed in the tables1. Values in the table
are expressed in dB and are combined linearly.
Line 1: Mean Q value has been calculated using simple SNR calculation
with nominal design parameters.
Line 1.1: Propagation impairment is the sum of all allocated line design
margins and impairment described hereinafter.
o non linear effects (SPM, SRS, XPM)
o chromatic dispersion effect
o mean polarisation effect including PDL, PDG and PMD
Line 1.2: Impairment relative to the effect of the relative levels and
the wavelength of the different channels. It includes, non
ideal pre-emphasis in the terminal. It also includes relative
wavelength misalignment between transmitter wavelength and BU
and receiver filters.
Line 1.3: Supervisory impairment is relative to system degradation due
to the line supervisory.
Line 1.4: Unallocated margin is supplier owned margin for allocation to
other margin if required. It includes manufacturing and
environment impairment.
Line 2: Time varying system performance includes fading effect due to
polarisation effect. This impairment is based on 5 times
standard deviation measured on similar test bed.
Line 3: Addition of the protection wavelengths.
Line 4: Computed from a minus (1.1) to (2).
Line 5: SLTE back to back Q.
Line 6: Segment Q value, computed from (4) and (5).
Line 6.1: BER corresponding to segment Q without FEC.
Line 6.2: BER corresponding after correction (using ITU G975 FEC
performance).
Line 6.3: Effective segment Q value including FEC improvement.
Line 7: Q limit for compliance with the requirement after correction
by FEC assumption is BER lower than 10-13 after correction,
performance achieved with 10-4 before correction, which is
equivalent to a Q factor of 11.2 dB with SLTE Release 1 or 9.5
dB with SLTE Release 2.
- ----------
26
<PAGE>
Line 8: End of life impairments. These are system degradation which
could be present in the installed system at end of life. It
includes repair margin required in the tender, pump failure
and component and fibre ageing. As these effects are
interactive they have been put in the same line.
Line 9: Segment margin, (8) plus 1.0 dB, represents the minimum BOL
margin to meet the system performance at EOL with an extra
margin of 1 dB.
Line 10: Commissioning limit, (7) plus (9), is the minimum performance
to be demonstrated at the Provisional Acceptance.
2. CHROMATIC DISPERSION MANAGEMENT OF WDM SYSTEM
As with single channel 5 Gbit/s amplified systems, WDM systems use
Dispersion Shifted Fibre compensated by Non Dispersion Shifted sections
approximately every 400 to 600 km. In order to limit the impact of channel
interaction arising from the combination of high repeater output power and
fibre Kerr non linearities, the chromatic dispersion of the fibre is more
negative than that used for previous 5 Gbit/s systems (- 2ps/nm/km instead
of - 0.2 ps/nm/km). This lower value implies a length of compensation
fibre longer than the one used in the 5 Gbit/s equating to approximately
one repeater span every 9 repeater spans. As the European segments are
shorter than the equalisation span, submerged compensation is not needed
and the chromatic dispersion is compensated in the terminal equipment.
[GRAPHIC OMITTED]
The above figure shows an example of the compensation in the line cable.
This map may be adjusted according to the progress in the development to
optimise the transmission performance. Moreover additional compensation
will be require in the SLTE.
3. POWER BUDGET TABLES
The following tables give the power budgets for the Segments of the FLAG
Atlantic-1 Submarine System.
27
<PAGE>
<TABLE>
<CAPTION>
================================================================================================
Segment A B C
----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Wavelength Number (10 Gbit/s) 40 40 40
----------------------------------------------------------------------------------------
Line Length (km) 6004 338 6477
----------------------------------------------------------------------------------------
Repeater number 144 4 162
- ------------------------------------------------------------------------------------------------
<CAPTION>
Parameter SOL EOL SOL EOL SOL EOL
- ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 Mean Q value (Simple SNR calculation) 16.8 16.2 27.3 24.3 16.8 16.2
- ------------------------------------------------------------------------------------------------
1.1 Propagation Impairments including SRS 2.2 2.2 2.2 2.2 2.2 2.2
penalty, mean PDL penalty, mean PDG penalty
and mean PMD penalty
1.2 Wavelength tolerance impairment and non 0.4 0.4 0.4 0.4 0.4 0.4
optical pre-emphasis impairment
1.3 Supervisory impairment 0.5 0.5 0.5 0.5 0.5 0.5
1.4 Manufacturing and environment impairment 0.9 0.9 1.0 1.0 0.9 0.9
- ------------------------------------------------------------------------------------------------
2 Time varying system performance 1.2 1.2 1.2 1.2 1.2 1.2
- ------------------------------------------------------------------------------------------------
3 Protection wavelength insertion 0.3 0.3 0.3 0.3 0.3 0.3
- ------------------------------------------------------------------------------------------------
4 Line Q value (1-1.1-1.2-1.3-1.4-2) 11.4 10.7 21.7 18.8 11.4 10.7
- ------------------------------------------------------------------------------------------------
5 Specified TTE Q value (back to back Q) 24.1 22.9 24.1 22.9 24.1 22.9
- ------------------------------------------------------------------------------------------------
6 Segment Q value (computed from 4 & 5) 11.2 10.5 19.8 17.4 11.2 10.5
6.1 BER corresponding to segment Q without FEC 2E-04 1E-22 2E-04
6.2 BER corresponding to segment Q with FEC < 1E-13 < 1E-13 < 1E-13
6.3 Effective Segment Q value with FEC > 17.3 > 17.3 > 17.3
- ------------------------------------------------------------------------------------------------
7 Q limit for compliance with requirement 9.5 9.5 11.2 11.2 9.5 9.5
after FEC correction
- ------------------------------------------------------------------------------------------------
8 Repairs margins 0.7 2.4 0.7
Components and fibre ageing penalty
Pump(s) failure penalty
Non optimal decision threshold
- ------------------------------------------------------------------------------------------------
9 Segment margins 1.7 1.0 3.4 1.0 1.7 1.0
- ------------------------------------------------------------------------------------------------
10 Commissioning Limit 11.2 14.6 11.2
================================================================================================
</TABLE>
Table A - Power Budget available on FLAG Atlantic-1 System repeatered submarine
Segments for Transmission at 40*10 Gbit/s
28
<PAGE>
=================================================================
FLAG ATLANTIC SEGMENT D
40 channels per fibre pair, 10 Gbit/s
-----------------------------------------------------------------
CABLE POWER BUDGET
Cable Length 25 km
SOL Cable Attenuation 0.216 dB/km
SOL Cable Loss 5.4 dB
EOL Cable Attenuation 0.22 dB/km
EOL Cable Loss 5.5 dB
Repair margin 3.0 dB
Installation penalties 1.0 dB
SOL Total Cable Loss 6.4 dB
EOL Total Cable Loss 9.5 dB
-----------------------------------------------------------------
EQUIPMENT POWER BUDGET
SOL Minimum total launched power at point S' 14.0 dBm
EOL Minimum total launched power at point S' 14.0 dBm
Channel equalisation accuracy 1.0 dB
SOL Minimum channel power at point S' - 3.0 dBm
EOL Minimum channel power at point S' - 3.0 dBm
SOL back-to-back 10-12 sensitivity at point R' - 34.5 dBm
EOL back-to-back 10-12 sensitivity at point R' - 34.0 dBm
Propagation penalty 2.0 dB
SOL Equipment Power Budget 29.5 dB
EOL Equipment Power Budget 29.0 dB
-----------------------------------------------------------------
SOL System Margin 23.1 dB
EOL System Margin 19.5 dB
=================================================================
Table B - Power Budget for FLAG Atlantic non-repeatered Segment D.
29
<PAGE>
SCHEDULE 8
GOVERNMENT REQUIREMENTS
To the extent that this Agreement is subject to them, Seller shall comply with
the applicable provisions of the following: Exec. Order No. 11246, Exec. Order
No. 11625, Exec. Order No. 12138, Exec. Order No. 11701, Exec. Order No. 11758,
Section 503 of the Rehabilitation Act of 1973 as amended by PL93-516 and
PL102-569, Vietnam Era Veteran's Readjustment Assistance Act of 1974, Veteran's
Compensation, Education and Employment Amendments of 1982, and the rules,
regulations and relevant orders of the Secretary of Labor pertaining to the
Executive Orders and Statutes listed above. The following table describes the
clauses which are included in this Agreement.
Annual Contract Value Clauses
--------------------- -------
Under $10,000 5*
$10,000 - $50,000 1, 2, 5*, 6, 7, 8,
$50,000 - $500,000 1, 2, 3**, 4**, 5, 6,
7, 8, 9
Over $500,000 1, 2, 3**, 4**, 5, 6,
7, 8***, 9
1. Equal Employment Opportunity Provisions
In accordance with Executive Order 11246, dated September 24, 1965 and
Subpart 22.8 of Subchapter D of Chapter 1 of Title 48 of the Code of
Federal Regulations as may be amended from time to time, the Parties
incorporate herein by this reference the regulations and clauses required
by those provisions to be made a part of government contracts and
subcontracts.
2. Certification of Non-segregated Facilities
Seller certifies that it does not and will not maintain any facilities it
provides for its employees in a segregated manner, or permit its employees
to perform their services at any location under its control, where
segregated facilities are maintained; and that it will obtain a similar
certification, prior to the award of any non-exempt subcontract.
3. Certification of Affirmative Action Program
The Seller affirms that it has developed and is maintaining an Affirmative
Action Plan as required by Subpart 22.8 of Subchapter D of Chapter 1 of
Title 48 of the Code of Federal Regulations.
4. Certification of Filing of Employer's Information Reports
Seller agrees to file annually on or before the 31st day of March complete
and accurate reports on Standard Form 100 (EEO-1) or such forms as may be
promulgated in its place.
5. Utilization of Small Business Concerns and Small Disadvantaged Business
Concerns
30
<PAGE>
(a) It is the policy of the United States that small business concerns
and small business concerns owned and controlled by socially and
economically disadvantaged individuals shall have the maximum
practicable opportunity to participate in performing contracts let
by any Federal agency.
(b) FA-1 hereby agrees to carry out this policy in the awarding of
subcontracts to the fullest extent consistent with efficient
contract performance. FA-1 further agrees to co-operate in any
studies or surveys as may be conducted by the United States Small
Business Administration or the awarding agency of the United States
as may be necessary to determine the extent of the Seller's
compliance with this clause.
(c) As used in this contract, the term "Small Business Concern" shall
mean a small business as defined pursuant to section 3 of the Small
business Act and relevant regulations promulgated pursuant thereto.
The term "Small Business Concern" owned and controlled by socially
and economically disadvantaged individuals" shall mean a small
business concern -
(1) Which is at least fifty-one percent (51%) owned by one or more
socially and economically disadvantaged individuals; or, in
the case of any publicly owned business, at least fifty-one
percent (51%) of the stock of which is owned by one or more
socially and economically disadvantaged individuals; and
(2) Whose management and daily business operations are controlled
by one or more of such individuals. The Seller shall presume
that socially and economically disadvantaged individuals
include Black Americans, Hispanic Americans, Native Americans,
Asian-Pacific Americans, Asian-Indian Americans and other
minorities, or any other individual found to be disadvantaged
by the Administration pursuant to section 8 (a) of the Small
Business Act.
(d) Sellers acting in good faith may rely on written representations by
their subcontractors regarding their status as either a Small
Business Concern or a Small Business Concern owned and controlled by
socially and economically disadvantaged individuals.
6. Utilization of Women-Owned Small Businesses
(a) "Women-owned small businesses," as used in this clause, means
businesses that are at least 51 percent owned by women who are
United States citizens and who also control and operate the
business. "Control," as used in this clause, means exercising the
power to make policy decisions. "Operate," as used in this clause,
means being actively involved in the day-to-day management of the
business.
(b) It is the policy of the United States that women-owned small
businesses shall have the maximum practicable opportunity to
participate in performing contracts awarded by any Federal agency.
(c) The Seller agrees to use its best efforts to give women-owned small
businesses the maximum practicable opportunity to participate in the
subcontracts it awards to the fullest extent consistent with the
efficient performance of its contract.
7. Affirmative Action for Disabled Veterans and Veterans of the Vietnam Era
In accordance with Exec. Order 11701, dated January 24, 1973, and Subpart
22.13 of Subchapter D of Chapter 1 of Title 48 of the Code of Federal
Regulations, as may be amended from time to time, the parties
31
<PAGE>
incorporate herein by this reference the regulations and contract clauses
required by those provisions to be made a part of Government contracts and
subcontracts.
8. Affirmative Action for Handicapped Workers In accordance with Exec. Order
11758, dated January 15, 1974, and Subpart 22.14 of Subchapter D of
Chapter 1 of Title 48 of the Code of Federal Regulations as may be amended
from time to time, the parties incorporate herein by this reference the
regulations and contract clauses required by those provisions to be made a
part of Government contracts and subcontracts.
9. Employment Reports on Special Disabled Veterans and Veterans of the
Vietnam Era
(a) The Seller agrees to report at least annually, as required by the
Secretary of Labor, on:
(1) The number of special disabled veterans and the number of
veterans of the Vietnam era in the work force of the Seller by
job category and hiring location; and
(2) The total number of new employees hired during the period
covered by the report, and of that total, the number of
special disabled veterans, and the number of veterans of the
Vietnam era.
(b) The above items shall be reported by completing the form entitled
"Federal Contractor Veterans' Employment Report VETS-100."
(c) Reports shall be submitted no later than March 31 of each year.
(d) The employment activity report required by paragraph (a) (2) of this
section shall reflect total hires during the most recent 12-month
period as of the ending date selected for the employment profile
report required by paragraph (a) (1) of this section. The Seller may
select an ending date: (1) As of the end of any pay period January
through March 1st of the year the report is due, or (2) as of
December 31, if the Seller has previous written approval from the
Equal Employment Opportunity Commission to do so for purposes of
submitting the Employer Information Report EEO-1 (Standard Form
100).
(e) The count of veterans reported according to paragraphs (a) above
shall be based on voluntary disclosure. Each Seller subject to the
reporting requirements at 3 U.S.C. 2012(d) shall invite all special
disabled veterans and veterans of the Vietnam era who wish to
benefit under the affirmative action program at 38 U.S.C. 2012 to
identify themselves to the Seller. The invitation shall state that
the information is voluntarily provided, that the information will
be kept confidential, that disclosure or refusal to provide the
information will not subject the applicant or employee to any
adverse treatment, and that the information will be used only in
accordance with the regulations promulgated under 38 U.S.C. 2012.
Nothing in this paragraph (e) shall preclude an employee from
informing the Seller at a future time of his or her desire to
benefit from this program. Nothing in this paragraph (e) shall
relieve the Seller from liability for discrimination under 38 U.S.C
2012.
* Applies only if this Agreement has further subcontracting opportunities.
** Applies only to businesses with 50 or more employees.
*** Seller must also adopt and comply with a small business and small
disadvantaged business subcontracting plan pursuant to Title 48 of the
Code of Federal Regulations.
32
<PAGE>
Exhibit 10.18
Schedules to
GTE Capacity Right
of USE Agreement
<PAGE>
Exhibit 10.18
SCHEDULE 1
DESCRIPTION OF SYSTEM
A trans-Atlantic cable system known as FLAG Atlantic-1 which is to operate from
London and Paris to New York and will include a trans-Atlantic subsea element
and backhaul elements in Europe and the United States.
The subsea element will involve the construction of four landing stations ("the
Landing Stations"), a six fibre pair ring system across the Atlantic Ocean, with
six fibre pairs connecting the US Landing Stations and six fibre pairs
connecting the European Landing Stations. The Landing Stations are currently
expected to be at (i) Cornwall (UK), (ii) St. Brieuc (France), (iii) Makamah
Beach on the North shore of Long Island, New York (US) and (iv) Long Beach on
the South shore of Long Island, New York (US). Each fibre pair will be designed
for a minimum capacity of 40 wavelengths with each wavelength running at 10
Gbps.
The backhaul elements will seamlessly connect the Landing Stations to the
digital/optical input/output port on the digital/optical distribution frame
("Terminal Point") in the heart of London, Paris, New York and, at the absolute
discretion of FA-1, in New Jersey.
The initial stage of the system will consist of the Northern subsea link from
Cornwall to the North shore of Long Island, the Cornwall to Brittany
Trans-Channel link and the backhaul elements (which include the terrestrial link
between the North shore and the South shore of Long Island). The full system
will consist of the initial stage and the Southern subsea link from Brittany to
the south shore of Long Island ("Full System").
The system will be installed initially with at least 160 Gbps of capacity but
will be designed with technology capable of upgrade to 2.4 terabits per second.
The base system has been designed to provide restoration within its own
capabilities by way of protection switching. This has been achieved by means of
a redundant multi-loop architecture within the system. This architecture
provides redundancy in the event of a failure of any component within the
system.
The system will:
- have the ability to carry commercial traffic between any two points
(consisting of one or many segments) which meets ITU-T G.826
recommendations.
- have automatic self-healing ring protection between any two points
(consisting of one or many segments)
- have network management capability for the system as a whole
16
<PAGE>
SCHEDULE 2A
1. Capacity
--------------------------------------------------------------------------
Route - From the Terminal Capacity Purchase
Point facilities in London or Price US$
Paris (at the option of GTE) (excl. taxes)
to either of FLAG's Terminal
Point facilities in New York
or, if applicable, in New
Jersey (at the option of GTE).
--------------------------------------------------------------------------
Tranche 1 8 STM-1s multiplexed ***
at STM-4 level
--------------------------------------------------------------------------
Tranche 2 8 STM-1s multiplexed ***
at STM-4 level
--------------------------------------------------------------------------
Tranche 3 16 STM-1s multiplexed ***
at STM-4 level
--------------------------------------------------------------------------
Tranche 4 32 STM-1s multiplexed ***
at STM-4 level
--------------------------------------------------------------------------
- -------------
Confidential treatment has been requested with respect to the portions of
this agreement marked with three asterisks (***) and the redacted material
has been filed separately with the Securities and Exchange Commission.
17
<PAGE>
SCHEDULE 2B
--------------------------------------------------------------------------
Route - From the Terminal Capacity Purchase
Point facilities in London or Price US$
Paris (at the option of GTE) (excl. taxes)
to either of the Terminal
Point facilities in New York
or, if applicable, in New
Jersey (at the option of GTE).
--------------------------------------------------------------------------
Tranche 1 4 STM-1s multiplexed ***
at STM-4 level and 3 x
STM-1
--------------------------------------------------------------------------
Tranche 2 4 STM-1s multiplexed ***
at STM-4 level and 2 x
STM-1
--------------------------------------------------------------------------
Tranche 3 12 STM-1s multiplexed ***
at STM-4 level and 1 x
STM-1
--------------------------------------------------------------------------
Tranche 4 24 STM-1s multiplexed ***
at STM-4 level and 2 x
STM-1
--------------------------------------------------------------------------
Tranche 5 52 STM-1s multiplexed ***
at STM-4 level
--------------------------------------------------------------------------
18
<PAGE>
SCHEDULE 3
(Payment schedule for Tranche 1)
- --------------------------------------------------------------------------------
Date Percentage
of Purchase
Price ($US)
- --------------------------------------------------------------------------------
On receipt of a notice from FA-1 that ***%
FA-1 Financial Closure (as defined in
clause 23.3) has occurred
- --------------------------------------------------------------------------------
31 December 1999 ***%
- --------------------------------------------------------------------------------
1 April 2000 ***%
- --------------------------------------------------------------------------------
1 July 2000 ***%
- --------------------------------------------------------------------------------
1 October 2000 ***%
- --------------------------------------------------------------------------------
Initial RFS Date ***%
- --------------------------------------------------------------------------------
Date on which FA-1 notifies GTE that ***%
the Full System is able to carry
commercial traffic
- --------------------------------------------------------------------------------
19
<PAGE>
SCHEDULE 4
Provisions for Collocation Agreement
If GTE desires to install equipment at a Terminal Point in order to connect to
the Capacity, the Parties agree to negotiate in good faith a Collocation
Agreement which shall be based on the following principles:
1. GTE shall be granted a license to place its equipment in racks at the
Terminal Point premises from the Initial RFS Date until the termination or
expiration of this Agreement. GTE will pay a price per rack per annum for
use of the racks no more than the price per rack paid to FA-1 by its most
favoured purchasers, payable annually in advance.
2. GTE shall be permitted to use the racks only for the purpose of connecting
to the System.
3. Access to the Terminal Point premises will be available to GTE's
authorised personnel on a 24*365 basis subject to compliance with
reasonable safety, security and access rules.
4. Commercial terms for services (such as installation, first line
maintenance, shifts and changes) and for utilities (such as power heating
lighting) to be provided by FA-1 at the Terminal Point are to be
negotiated.
5. Assignment or sublicensing of the racks by GTE shall be permitted only
where the Capacity has been assigned, provided that this limitation shall
not prohibit Bell Atlantic from permitting its Affiliates (as defined in
clause 13.1) to use the racks to connect to the System.
6. Only appropriately qualified staff of GTE may enter the Terminal Points.
7. Cable shall not be installed by GTE except under the direct supervision of
FA-1.
8. GTE shall submit suitable documentation evidencing that the equipment
meets appropriate industry specifications and safety requirements.
9. GTE must provide evidence to FA-1 that it will be able to operate the
equipment during GTE labour disputes.
20
<PAGE>
SCHEDULE 5
O&M PAYMENTS
GTE shall pay ***. The operation and maintenance costs of the System shall
include, without limitation:
o
The operation and maintenance costs shall not include ***
On the Initial RFS Date FA-1 shall provide to GTE a budgetary estimate of the
costs from the date of activation until the end of the then calendar year.
Thereafter FA-1 shall provide such budgetary estimate on 31st October of each
year. Within three months of the end of each year FA-1 shall provide to GTE the
actual costs for such year and any adjustments necessary will be effected by a
debit or credit for the next quarter (and, if necessary, subsequent quarters),
as appropriate. In no event shall GTE be required to pay more than $*** per
STM-1 per annum. FA-1 shall provide satisfactory evidence of the actual costs
and the amount of capacity activated on the System referred to above and for
this purpose FA-1 shall keep appropriate records for a period of three years
after the relevant invoice for inspection by an auditor if required. ***
21
<PAGE>
SCHEDULE 6A
DELIVERY SCHEDULE
GTE shall be entitled to Capacity on the System if Schedule 2A is applicable on
the following basis:
- --------------------------------------------------------------------------------
Availability Schedule Date Capacity Available To
Activate (STM-1s)
- --------------------------------------------------------------------------------
Tranche 1 *** ***
- --------------------------------------------------------------------------------
Optional Additional Capacity
- --------------------------------------------------------------------------------
Tranche 2 *** ***
- --------------------------------------------------------------------------------
Tranche 3 *** ***
- --------------------------------------------------------------------------------
Tranche 4 *** ***
- --------------------------------------------------------------------------------
22
<PAGE>
SCHEDULE 6B
DELIVERY SCHEDULE
GTE shall be entitled to Capacity on the System if Schedule 2B is applicable on
the following basis:
- --------------------------------------------------------------------------------
Availability Schedule Date Capacity Available To
Activate (STM-1s)
- --------------------------------------------------------------------------------
Tranche 1 *** ***
- --------------------------------------------------------------------------------
Optional Additional Capacity
- --------------------------------------------------------------------------------
Tranche 2 *** ***
- --------------------------------------------------------------------------------
Tranche 3 *** ***
- --------------------------------------------------------------------------------
Tranche 4 *** ***
- --------------------------------------------------------------------------------
Tranche 5 *** ***
- --------------------------------------------------------------------------------
23
<PAGE>
SCHEDULE 7
ACCEPTANCE TESTS
1. Bringing-into-service-tests ("BIS Tests") (clause 2.1.2)
The BIS Tests will involve prolonged bit-error rate and pointer (or similar)
method of measuring the timing of the System. The BIS Tests will demonstrate
that the bit-error rate at the end of the life of the System is two times the
bit-error rate under ITU-T recommendation G.829.
2. Operation and Maintenance of the System (clause 5.1)
SYSTEM POWER BUDGET
Contents
1. SYSTEM POWER BUDGET
2. CHROMATIC DISPERSION MANAGEMENT OF WDM SYSTEM
Table A Power Budget available on FLAG Atlantic repeatered submarine
Segments for Transmission at 40*10 Gbit/s
Table B Power Budget for FLAG Atlantic non-repeatered Segment D.
24
<PAGE>
SYSTEM POWER BUDGET
1. SYSTEM POWER BUDGET
The Power Budget has been calculated to guarantee all the transmission
performance requirements of the System over its design life.
Calculations are presented to obtain better than the minimum required BER
performance using the ITU-T Recommendation G826 to derive a worst case BER
limit for the System.
The following table contains the performance budget and the following
paragraphs detail the values listed in the tables1. Values in the table
are expressed in dB and are combined linearly.
Line 1: Mean Q value has been calculated using simple SNR calculation
with nominal design parameters.
Line 1.1: Propagation impairment is the sum of all allocated line design
margins and impairment described hereinafter.
o non linear effects (SPM, SRS, XPM)
o chromatic dispersion effect
o mean polarisation effect including PDL, PDG and PMD
Line 1.2: Impairment relative to the effect of the relative levels and
the wavelength of the different channels. It includes, non
ideal pre-emphasis in the terminal. It also includes relative
wavelength misalignment between transmitter wavelength and BU
and receiver filters.
Line 1.3: Supervisory impairment is relative to system degradation due
to the line supervisory.
Line 1.4: Unallocated margin is supplier owned margin for allocation to
other margin if required. It includes manufacturing and
environment impairment.
Line 2: Time varying system performance includes fading effect due to
polarisation effect. This impairment is based on 5 times
standard deviation measured on similar test bed.
Line 3: Addition of the protection wavelengths.
Line 4: Computed from a minus (1.1) to (2).
Line 5: SLTE back to back Q.
Line 6: Segment Q value, computed from (4) and (5).
Line 6.1: BER corresponding to segment Q without FEC.
Line 6.2: BER corresponding after correction (using ITU G975 FEC
performance).
Line 6.3: Effective segment Q value including FEC improvement.
Line 7: Q limit for compliance with the requirement after correction
by FEC assumption is BER lower than 10^-13 after correction,
performance achieved with 10^4 before correction, which
25
<PAGE>
is equivalent to a Q factor of 11.2 dB with SLTE Release 1 or
9.5 dB with SLTE Release 2.
26
<PAGE>
Line 8: End of life impairments. These are system degradation which
could be present in the installed system at end of life. It
includes repair margin required in the tender, pump failure
and component and fibre ageing. As these effects are
interactive they have been put in the same line.
Line 9: Segment margin, (8) plus 1.0 dB, represents the minimum BOL
margin to meet the system performance at EOL with an extra
margin of 1 dB.
Line 10: Commissioning limit, (7) plus (9), is the minimum performance
to be demonstrated at the Provisional Acceptance.
2. CHROMATIC DISPERSION MANAGEMENT OF WDM SYSTEM
As with single channel 5 Gbit/s amplified systems, WDM systems use
Dispersion Shifted Fibre compensated by Non Dispersion Shifted sections
approximately every 400 to 600 km. In order to limit the impact of channel
interaction arising from the combination of high repeater output power and
fibre Kerr non linearities, the chromatic dispersion of the fibre is more
negative than that used for previous 5 Gbit/s systems (- 2ps/nm/km instead
of - 0.2 ps/nm/km). This lower value implies a length of compensation
fibre longer than the one used in the 5 Gbit/s equating to approximately
one repeater span every 9 repeater spans. As the European segments are
shorter than the equalisation span, submerged compensation is not needed
and the chromatic dispersion is compensated in the terminal equipment.
[GRAPHIC OMITTED]
The above figure shows an example of the compensation in the line cable.
This map may be adjusted according to the progress in the development to
optimise the transmission performance. Moreover additional compensation
will be require in the SLTE.
3. POWER BUDGET TABLES
The following tables give the power budgets for the Segments of the FLAG
Atlantic-1 Submarine System.
27
<PAGE>
<TABLE>
=========================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C>
Segment A B C
-------------------------------------------------------------------------------------------------
Wavelength Number (10 Gbit/s) 40 40 40
-------------------------------------------------------------------------------------------------
Line Length (km) 6004 338 6477
-------------------------------------------------------------------------------------------------
Repeater number 144 4 162
=========================================================================================================
Parameter SOL EOL SOL EOL SOL EOL
- ---------------------------------------------------------------------------------------------------------
1 Mean Q value (Simple SNR calculation) 16.8 16.2 27.3 24.3 16.8 16.2
- ---------------------------------------------------------------------------------------------------------
1.1 Propagation Impairments including SRS 2.2 2.2 2.2 2.2 2.2 2.2
penalty, mean PDL penalty, mean PDG penalty
and mean PMD penalty
1.2 Wavelength tolerance impairment and non 0.4 0.4 0.4 0.4 0.4 0.4
optical pre-emphasis impairment
1.3 Supervisory impairment 0.5 0.5 0.5 0.5 0.5 0.5
1.4 Manufacturing and environment impairment 0.9 0.9 1.0 1.0 0.9 0.9
- ---------------------------------------------------------------------------------------------------------
2 Time varying system performance 1.2 1.2 1.2 1.2 1.2 1.2
- ---------------------------------------------------------------------------------------------------------
3 Protection wavelength insertion 0.3 0.3 0.3 0.3 0.3 0.3
- ---------------------------------------------------------------------------------------------------------
4 Line Q value (1-1.1-1.2-1.3-1.4-2) 11.4 10.7 21.7 18.8 11.4 10.7
- ---------------------------------------------------------------------------------------------------------
5 Specified TTE Q value (back to back Q) 24.1 22.9 24.1 22.9 24.1 22.9
- ---------------------------------------------------------------------------------------------------------
6 Segment Q value (computed from 4 & 5) 11.2 10.5 19.8 17.4 11.2 10.5
6.1 BER corresponding to segment Q without FEC 2E-04 1E-22 2E-04
6.2 BER corresponding to segment Q with FEC less than 1E-13 less than 1E-13 less than 1E-13
6.3 Effective Segment Q value with FEC greater than 17.3 greater than 17.3 greater than 17.3
- ---------------------------------------------------------------------------------------------------------
7 Q limit for compliance with requirement 9.5 9.5 11.2 11.2 9.5 9.5
after FEC correction
- ---------------------------------------------------------------------------------------------------------
8 Repairs margins 0.7 2.4 0.7
Components and fibre ageing penalty
Pump(s) failure penalty
Non optimal decision threshold
- ---------------------------------------------------------------------------------------------------------
9 Segment margins 1.7 1.0 3.4 1.0 1.7 1.0
- ---------------------------------------------------------------------------------------------------------
10 Commissioning Limit 11.2 14.6 11.2
=========================================================================================================
</TABLE>
Table A - Power Budget available on FLAG Atlantic-1 System repeatered
submarine Segments for Transmission at 40*10 Gbit/s
28
<PAGE>
================================================================================
FLAG ATLANTIC SEGMENT D
40 channels per fibre pair, 10 Gbit/s
- --------------------------------------------------------------------------------
CABLE POWER BUDGET
Cable Length 25 km
SOL Cable Attenuation 0.216 dB/km
SOL Cable Loss 5.4 dB
EOL Cable Attenuation 0.22 dB/km
EOL Cable Loss 5.5 dB
Repair margin 3.0 dB
Installation penalties 1.0 dB
SOL Total Cable Loss 6.4 dB
EOL Total Cable Loss 9.5 dB
- --------------------------------------------------------------------------------
EQUIPMENT POWER BUDGET
SOL Minimum total launched power at point S' 14.0 dBm
EOL Minimum total launched power at point S' 14.0 dBm
Channel equalisation accuracy 1.0 dB
SOL Minimum channel power at point S' - 3.0 dBm
EOL Minimum channel power at point S' - 3.0 dBm
SOL back-to-back 10-12 sensitivity at point R' - 34.5 dBm
EOL back-to-back 10-12 sensitivity at point R' - 34.0 dBm
Propagation penalty 2.0 dB
SOL Equipment Power Budget 29.5 dB
EOL Equipment Power Budget 29.0 dB
- --------------------------------------------------------------------------------
SOL System Margin 23.1 dB
EOL System Margin 19.5 dB
================================================================================
Table B - Power Budget for FLAG Atlantic non-repeatered Segment D.
29
<PAGE>
SCHEDULE 8
GOVERNMENT REQUIREMENTS
To the extent that this Agreement is subject to them, Seller shall comply with
the applicable provisions of the following: Exec. Order No. 11246, Exec. Order
No. 11625, Exec. Order No. 12138, Exec. Order No. 11701, Exec. Order No. 11758,
Section 503 of the Rehabilitation Act of 1973 as amended by PL93-516 and
PL102-569, Vietnam Era Veteran's Readjustment Assistance Act of 1974, Veteran's
Compensation, Education and Employment Amendments of 1982, and the rules,
regulations and relevant orders of the Secretary of Labor pertaining to the
Executive Orders and Statutes listed above. The following table describes the
clauses which are included in this Agreement.
Annual Contract Value Clauses
--------------------- -------
Under $10,000 5*
$10,000 - $50,000 1, 2, 5*, 6, 7, 8,
$50,000 - $500,000 1, 2, 3**, 4**, 5, 6, 7, 8, 9
Over $500,000 1, 2, 3**, 4**, 5, 6, 7, 8***, 9
1. Equal Employment Opportunity Provisions
In accordance with Executive Order 11246, dated September 24, 1965 and
Subpart 22.8 of Subchapter D of Chapter 1 of Title 48 of the Code of
Federal Regulations as may be amended from time to time, the Parties
incorporate herein by this reference the regulations and clauses required
by those provisions to be made a part of government contracts and
subcontracts.
2. Certification of Non-segregated Facilities
Seller certifies that it does not and will not maintain any facilities it
provides for its employees in a segregated manner, or permit its employees
to perform their services at any location under its control, where
segregated facilities are maintained; and that it will obtain a similar
certification, prior to the award of any non-exempt subcontract.
3. Certification of Affirmative Action Program
The Seller affirms that it has developed and is maintaining an Affirmative
Action Plan as required by Subpart 22.8 of Subchapter D of Chapter 1 of
Title 48 of the Code of Federal Regulations.
4. Certification of Filing of Employer's Information Reports
Seller agrees to file annually on or before the 31st day of March complete
and accurate reports on Standard Form 100 (EEO-1) or such forms as may be
promulgated in its place.
5. Utilization of Small Business Concerns and Small Disadvantaged Business
Concerns
30
<PAGE>
(a) It is the policy of the United States that small business concerns
and small business concerns owned and controlled by socially and
economically disadvantaged individuals shall have the maximum
practicable opportunity to participate in performing contracts let
by any Federal agency.
(b) FA-1 hereby agrees to carry out this policy in the awarding of
subcontracts to the fullest extent consistent with efficient
contract performance. FA-1 further agrees to co-operate in any
studies or surveys as may be conducted by the United States Small
Business Administration or the awarding agency of the United States
as may be necessary to determine the extent of the Seller's
compliance with this clause.
(c) As used in this contract, the term "Small Business Concern" shall
mean a small business as defined pursuant to section 3 of the Small
business Act and relevant regulations promulgated pursuant thereto.
The term "Small Business Concern" owned and controlled by socially
and economically disadvantaged individuals" shall mean a small
business concern -
(1) Which is at least fifty-one percent (51%) owned by one or more
socially and economically disadvantaged individuals; or, in
the case of any publicly owned business, at least fifty-one
percent (51%) of the stock of which is owned by one or more
socially and economically disadvantaged individuals; and
(2) Whose management and daily business operations are controlled
by one or more of such individuals. The Seller shall presume
that socially and economically disadvantaged individuals
include Black Americans, Hispanic Americans, Native Americans,
Asian-Pacific Americans, Asian-Indian Americans and other
minorities, or any other individual found to be disadvantaged
by the Administration pursuant to section 8 (a) of the Small
Business Act.
(d) Sellers acting in good faith may rely on written representations by
their subcontractors regarding their status as either a Small
Business Concern or a Small Business Concern owned and controlled by
socially and economically disadvantaged individuals.
6. Utilization of Women-Owned Small Businesses
(a) "Women-owned small businesses," as used in this clause, means
businesses that are at least 51 percent owned by women who are
United States citizens and who also control and operate the
business. "Control," as used in this clause, means exercising the
power to make policy decisions. "Operate," as used in this clause,
means being actively involved in the day-to-day management of the
business.
(b) It is the policy of the United States that women-owned small
businesses shall have the maximum practicable opportunity to
participate in performing contracts awarded by any Federal agency.
(c) The Seller agrees to use its best efforts to give women-owned small
businesses the maximum practicable opportunity to participate in the
subcontracts it awards to the fullest extent consistent with the
efficient performance of its contract.
31
<PAGE>
7. Affirmative Action for Disabled Veterans and Veterans of the Vietnam Era
In accordance with Exec. Order 11701, dated January 24, 1973, and Subpart
22.13 of Subchapter D of Chapter 1 of Title 48 of the Code of Federal
Regulations, as may be amended from time to time, the parties incorporate
herein by this reference the regulations and contract clauses required by
those provisions to be made a part of Government contracts and
subcontracts.
8. Affirmative Action for Handicapped Workers In accordance with Exec. Order
11758, dated January 15, 1974, and Subpart 22.14 of Subchapter D of
Chapter 1 of Title 48 of the Code of Federal Regulations as may be amended
from time to time, the parties incorporate herein by this reference the
regulations and contract clauses required by those provisions to be made a
part of Government contracts and subcontracts.
9. Employment Reports on Special Disabled Veterans and Veterans of the
Vietnam Era
(a) The Seller agrees to report at least annually, as required by the
Secretary of Labor, on:
(1) The number of special disabled veterans and the number of
veterans of the Vietnam era in the work force of the Seller by
job category and hiring location; and
(2) The total number of new employees hired during the period
covered by the report, and of that total, the number of
special disabled veterans, and the number of veterans of the
Vietnam era.
(b) The above items shall be reported by completing the form entitled
"Federal Contractor Veterans' Employment Report VETS-100."
(c) Reports shall be submitted no later than March 31 of each year.
(d) The employment activity report required by paragraph (a) (2) of this
section shall reflect total hires during the most recent 12-month
period as of the ending date selected for the employment profile
report required by paragraph (a) (1) of this section. The Seller may
select an ending date: (1) As of the end of any pay period January
through March 1st of the year the report is due, or (2) as of
December 31, if the Seller has previous written approval from the
Equal Employment Opportunity Commission to do so for purposes of
submitting the Employer Information Report EEO-1 (Standard Form
100).
(e) The count of veterans reported according to paragraphs (a) above
shall be based on voluntary disclosure. Each Seller subject to the
reporting requirements at 3 U.S.C. 2012(d) shall invite all special
disabled veterans and veterans of the Vietnam era who wish to
benefit under the affirmative action program at 38 U.S.C. 2012 to
identify themselves to the Seller. The invitation shall state that
the information is voluntarily provided, that the information will
be kept confidential, that disclosure or refusal to provide the
information will not subject the applicant or employee to any
adverse treatment, and that the information will be used only in
accordance with the regulations promulgated under 38 U.S.C. 2012.
Nothing in this paragraph (e) shall preclude an employee from
informing the Seller at a future time of his or her desire to
benefit from this program. Nothing in this paragraph (e) shall
relieve the Seller from liability for discrimination under 38 U.S.C
2012.
* Applies only if this Agreement has further subcontracting opportunities.
** Applies only to businesses with 50 or more employees.
32
<PAGE>
*** Seller must also adopt and comply with a small business and small
disadvantaged business subcontracting plan pursuant to Title 48 of the
Code of Federal Regulations.
33
<PAGE>
Exhibit 10.19
Schedules to
GTS Fibre, Cap. & Fac.
Purchase Agreement
<PAGE>
Exhibit 10.19
SCHEDULE 1
DESCRIPTION OF SYSTEM
A trans-Atlantic cable system which is to operate from London and Paris to New
York and will include trans-Atlantic subsea elements and backhaul elements in
Europe and the United States as shown in the diagram below:
Link 1 Link 2 Link 3
PoP----------------------LS========================LS---------------------PoP
| || || |
| || || |
| || || |
| Link 4 Link 5 || || Link 6 Link 7 |
| || || |
| || || |
| || || |
| || || |
PoP----------------------LS========================LS---------------------PoP
Link 8 Link 9 Link 10
US Backhaul Subsea Element European Backhaul
PoP = Terminal Point
LS = Landing Station
===== = Subsea Element
- ----- = Backhaul Elements
The Subsea Element (Links 2, 5, 6 and 9) will involve the construction of four
landing stations ("the Landing Stations"), three submarine cable Links, Long
Island North (USA) - UK, UK - France and France - Long Island South (USA) each
containing six fiber pairs and a terrestrial link Long Island North (U.S.A.) to
Long Island South (U.S.A.) (Link 5). The Landing Stations are currently expected
to be at (i) Cornwall (UK), (ii) St. Brieuc (France), (iii) Makamah Beach on the
North shore of Long Island, New York (USA) and (iv) Long Beach on the South
shore of Long Island, New York (USA). Each amplified fiber pair will be designed
for a minimum capacity of 40 wavelengths with each wavelength running at 10
Gbps. The SLTEs will include linear shared protection of 1 per 20 wavelengths.
The Backhaul Elements (Links 1, 3, 4, 7, 8 and 10) will connect the Landing
Stations to an optical input/output port on the optical distribution frame
("Terminal Point") in London, Paris, New York City and, at the absolute
discretion of FA-1, in New Jersey.
18
<PAGE>
The backhaul elements will consist of concatenated single fiber pairs meeting
ITU-T G.652 requirements as well as space for repeaters and regenerators at
sites chosen by FA-1.
The Initial Stage of the System will consist of the Links 2, 5 and 6 and the
Backhaul Elements. The Final Stage will consist of Link 9.
19
<PAGE>
SCHEDULE 4
O&M PAYMENTS
Purchaser shall pay to FA-1 *** to be:
***
***
***
***
***
***
The operation and maintenance costs of the System shall include, without
limitation:
***
***
***
***
***
***
On the Initial RFS Date FA-1 shall provide to Purchaser a budgetary estimate of
the costs from the Initial RFS Date until the end of the then calendar year.
Thereafter FA-1 shall provide such budgetary estimate on 31st October of each
year. Within *** of the end of each year FA-1 shall provide to
Purchaser the actual costs for such year and any adjustments necessary will be
effected by a debit or credit for the next quarter (and, if necessary,
subsequent quarters), as appropriate. Purchaser may
- ----------
Confidential treatment has been requested with respect to the portions of
this agreement with three asterisks (***) and the redacted material has been
filed separately with the Securities and Exchange Commission.
20
<PAGE>
request FA-1 to provide satisfactory evidence of the actual costs and for this
purpose FA-1 shall keep appropriate records for a period of five years after the
relevant invoice for inspection by an auditor if required.
21
<PAGE>
Exhibit 10.20
PSI Net Capacity
Right of USE
Agreement
<PAGE>
Exhibit 10.20
SCHEDULE 1
DESCRIPTION OF SYSTEM
A trans-Atlantic cable system which is to operate from London and Paris to New
York and will include trans-Atlantic subsea elements and backhaul elements in
Europe and the United States as shown in the diagram below:
Link 1 Link 2 Link 3
PoP----------------------LS========================LS---------------------PoP
| || || |
| || || |
| || || |
| Link 4 Link 5 || || Link 6 Link 7 |
| || || |
| || || |
| || || |
| || || |
PoP----------------------LS========================LS---------------------PoP
Link 8 Link 9 Link 10
US Backhaul Subsea Element European Backhaul
PoP = Terminal Point
LS = Landing Station
======== = Subsea Element
- -------- = Backhaul Elements
The Subsea Element (Links 2, 5, 6 and 9) will involve the construction of four
landing stations ("the Landing Stations"), three submarine cable Links, Long
Island North (USA) - UK, UK - France and France - Long Island South (USA) each
containing six fiber pairs and a terrestrial link Long Island North (USA) to
Long Island South (USA) (Link 5). The Landing Stations are currently expected to
be at (i) Cornwall (UK), (ii) St. Brieuc (France), (iii) Makamah Beach on the
North shore of Long Island, New York (USA) and (iv) Long Beach on the South
shore of Long Island, New York (USA). Each amplified fiber pair will be designed
for a minimum capacity of 40 wavelengths with each wavelength running at 10
Gbps. The SLTEs will include linear shared protection of 1 per 20 wavelengths.
Page 18 of 26
<PAGE>
The Backhaul Elements (Links 1, 3, 4, 7, 8 and 10) will connect the Landing
Stations to an optical input/output port on the optical distribution frame
("Terminal Point") in London, Paris, New York City and, at the absolute
discretion of FA-1, in New Jersey.
The Backhaul Elements will consist of concatenated single fiber pairs meeting
ITU-T G.652 requirements as well as space for repeaters and regenerators at
sites chosen by FA-1.
The Initial Stage of the System will consist of the Links 2, 5 and 6 and the
Backhaul Elements. The Final Stage will consist of Link 9.
Page 19 of 26
<PAGE>
SCHEDULE 2
RIGHTS GRANTED TO PURCHASER
In accordance with the terms of this Agreement FA-1 agrees to provide to
Purchaser and Purchaser agrees to accept:
1. Rights of Use
1.1 an IRU in the capacity derivable from one fibre pair (designed to be no
less than 40 wavelengths @ 10 Gbps) on each Link of the Subsea Element
equipped with amplifiers, SLTEs (total of 6 SLTEs with transponders) as
well as two LTEs with transponders on Link 5 and transponders; the
capacity will include linear shared protection of 1 per 20 wavelengths in
the SLTEs; and
1.2 the exclusive right to use one dedicated terrestrial fibre pair on each
Link of the Backhaul Elements;
Link 1 Link 2 Link 3
PoP----------------------LS========================LS---------------------PoP
| || || |
| || || |
| || || |
| Link 4 Link 5 || || Link 6 Link 7 |
| || || |
| || || |
| || || |
| || || |
PoP----------------------LS========================LS---------------------PoP
Link 8 Link 9 Link 10
US Backhaul Subsea Element European Backhaul
PoP = Terminal Point
========== Capacity
- ---------- Terrestrial Fibre Pair
The Terrestrial Fibre Pair does not include electronic equipment. The Capacity
will not include cross connecting equipment at the Landing Stations. Purchaser
has the right and will be responsible for installing such equipment.
Purchaser may choose at its option to purchase its rights in Link 5 as part of
the Terrestrial Fibre Pair rather than as part of the Capacity. Purchaser shall
make such election within 90 days of the date hereof.
Page 20 of 26
<PAGE>
If Purchaser does elect to purchase Link 5 as part of the Terrestrial Fibre Pair
references in this Agreement to the "Backhaul Element(s)" and the "Terrestrial
Fibre Pair" shall both be read so as to include "Link 5" and references to the
"Subsea Element" and to the "Capacity" shall both be read so as to exclude "Link
5".
1.3 The Capacity (Subsea Element)
Purchaser's interfaces for each Link shall be by way of an optical distribution
frame at each Landing Station to the SLTE at the optical level conforming to the
ITU-T S.64 standard.
1.4 The Terrestrial Fibre Pair
On each of Links 1, 3, 4, 7, 8 and 10, FA-1 shall provide the Terrestrial Fibre
Pair without the electronic and/or optronic equipment necessary for Purchaser's
transmission of data on these Links, including any equipment used to derive
channels from the Terrestrial Fiber Pair.
Purchaser's interface for each Link shall be at the nominated FA-1 optical
distribution frame at each Facility as defined below. The connector type shall
be E2000.
The fiber shall at a minimum be of the standard single mode SMF type according
to ITU-T G.652 specification.
All splices shall be protected in sealed splice enclosures.
2. Facilities Housing
FA-1 or its affiliates will provide, at no additional charge to Purchaser, the
facilities for use in conjunction with the Terrestrial Fibre Pair/Capacity as
set out below (each a "Facility"). The terms and conditions relating to the
occupation of the Facilities by Purchaser will be determined in the co-location
agreement to be negotiated in good faith based on the principles set out in
Schedule 4.
2.1 Amplifier/Regenerator locations
FA-1 or its affiliates shall provide Purchaser space at each of the transmission
sites to house amplifiers and/or regenerating equipment. FA-1 will advise
Purchaser of the design of the System, span loss and allowable maintenance
degradation for the Terrestrial Fiber Pair and Purchaser must choose equipment
which is compatible with FA-1's design of the System and the applicable ITU and
national standards otherwise Purchaser will be responsible for the costs of any
additional break-out points and repeater/regenerator sites it requires as a
result thereof. Such break-outs must be technically feasible and commercially
maintainable and shall be subject to FA-1, through the exercise of reasonable
efforts, being able to secure for Purchaser the necessary rights for such
break-outs.
Page 21 of 26
<PAGE>
2.2 Terminal Points/Landing Station Locations
FA-1 or its affiliates shall provide Purchaser with the following space at the
Terminal Points and at the Landing Stations:
Facility Gross Floor Space (m^2)
London Terminal Point 200
Paris Terminal Point 135
New York (New Jersey)
Terminal Points 165 each
Landing Stations 135 each
FA-1 will fit out the above Facilities to standards typical in the industry such
that they are suitable for equipment installation (including power feeds, air
conditioning etc.) on a schedule consistent with Purchaser's requirements as
reasonably notified by Purchaser to FA-1. Purchaser's space will be ring-fenced.
Page 22 of 26
<PAGE>
SCHEDULE 3
Purchase Price Payment Schedule
Date Amount US$
---- ----------
Paid 14 million
Confidential Treatment has been requested with respect to the portions of this
agreement marked with three asterisks (***) and the redacted material has been
filed separately with the Securities and Exchange Commission
Page 23 of 26
<PAGE>
(2) If FA-1 fails to provide any of the items referred to in clause 1.3.2 or
5.3 by ***, Purchaser may ***, then FA-1 will ***.
Page 24 of 26
<PAGE>
SCHEDULE 4
Provisions for Co-location Agreement
The Parties agree to negotiate in good faith and conclude within 90 days from
the date of this Agreement a Co-location Agreement for Purchaser to install
equipment at each Facility in order to connect to the Terrestrial Fibre Pair and
the Capacity which shall be based on the following principles:
(i) Purchaser shall be granted a license to place its equipment in racks at
each relevant Facility.
(ii) Purchaser will be entitled to install, maintain, and operate equipment
(belonging to itself or its contractors or customers) at each relevant
Facility and will be entitled to connect the equipment to its own or
other telecommunications networks. Subject to availability, if
Purchaser should require more than its allotted racks in any Facility
the incremental cost shall be borne by Purchaser.
(iii) Access to the Facilities will be available to Purchaser's authorised
personnel on a 24*365 basis subject to compliance with safety, security
and access rules.
(iv) Commercial terms for services (such as installation, first line
maintenance, shifts and changes) and utilities (such as heating,
lighting) to be provided by FA-1 or its affiliate at each Facility are
to be negotiated.
(v) Purchaser may allow its customers to use the space allocated to
Purchaser provided that such customers agree to comply with all
obligations imposed on Purchaser in relation to such space.
(vi) When the System is decommissioned Purchaser shall be responsible at its
own cost to remove its equipment from the co-location sites and shall
reimburse FA-1 or its affiliate for any damage caused by such removal
(fair wear and tear excepted).
(vii) Purchaser's laser power must not exceed safety requirements and
Purchaser's equipment must meet applicable radiation, flammable and
other safety requirements.
(viii) Purchaser shall have free access to primary and redundant BITS clocks
installed by FA-1, at its discretion, at relevant Facilities.
Troubleshooting/maintenance of the BITS clocks will fall within FA-1's
responsibility for the operation and maintenance of the System,
provided that FA-1 shall have no responsibility for responsibility for
synchronisation problems Purchaser may encounter.
Page 25 of 26
<PAGE>
SCHEDULE 5
O&M PAYMENTS
Purchaser shall pay *** of the operation and maintenance costs of the System
*** commencing from *** until the ***. The operation and maintenance costs of
the System shall include, without limitation:
***
By the Initial RFS Date FA-1 shall provide to Purchaser a budgetary estimate of
the costs from such date until the end of the then calendar year. Thereafter
FA-1 shall provide such budgetary estimate by 31 October of each year. Within
three months after the end of each year FA-1 shall provide to Purchaser the
actual costs for such year and any adjustments necessary will be effected by a
debit or credit, as appropriate, for the then current year. If the System is
decommissioned part of the way through a year, then FA-1 shall reimburse to
Purchaser the costs prepaid by Purchaser, but which were not actually incurred
by FA-1 for that year, ***.
***
***
Page 26 of 26
<PAGE>
EVENT %
***
Page 27 of 26
<PAGE>
Exhibit 10.21
Schedules to
Teleglobe Indefeasable
Right of USE
Agreement
<PAGE>
Exhibit 10.21
SCHEDULE I
DESCRIPTION OF SYSTEM
A trans-Atlantic cable system which is to operate from London and Paris to New
York and will include trans-Atlantic subsea elements and backhaul elements in
Europe and the United States.
The subsea elements will involve the construction of four landing stations ("the
Landing Stations"), three submarine cable sub-segments, Long Island North (USA)
- -- UK, UK -- France and France -- Long Island South (USA) each containing six
fiber pairs. The Landing Stations are currently expected to be at (i) Cornwall
(UK), (ii) St. Brieuc (France), (iii) Makamah Beach on the North shore of Long
Island, New York (USA) and (iv) Long Beach on the South shore of Long Island,
New York (USA). Each amplified fiber pair will be designed for a minimum
capacity of 40 wavelengths with each wavelength running at 10 Gbps. The fiber
pair on which the Purchaser will derive its capacity in accordance with this
Agreement in each of the three submarine cable sub-segments will be initially
equipped with 40 Gbps of capacity structured as 4 wavelengths each operating at
10 Gbps. Such fiber pair will be equipped with amplifiers, dedicated SLTEs and
four transponders per SLTE.
The backhaul elements will connect the Landing Stations to an optical
input/output port on the optical distribution frame ("Terminal Point") in
London, Paris, New York City and, at the absolute discretion of FA-1, New Jersey
or to the applicable breakout point where Purchaser has chosen to intercept the
fiber at a splice case or joint box close to the applicable Terminal Point.
For Purchaser, the backhaul elements will consist of concatenated single fiber
pairs meeting either (at the absolute discretion of FA-1) ITU-T G.655 or G.652
requirements as well as sufficient space for repeaters and regenerators at sites
chosen by FA-1 for its own repeaters and regenerators, as detailed in the
collocation and maintenance agreement referred to in clause 2.7.
For Purchaser the system does not include SDH- ATM, or IP interfaces for the
Submarine IRU nor the electronic and optronic equipment necessary for
Purchaser's transmission of data on the Terrestrial IRU, including any equipment
used to derive channels from the Dark Fiber.
The Initial Stage of the system will consist of the Northern subsea link from
Cornwall to the North shore of Long Island, the Cornwall to Brittany
Trans-Channel link and the backhaul elements (which includes the terrestrial
link between the North shore and the South shore of Long Island). The Final
Stage will consist of the Initial Stage and the Southern subsea link from
Brittany, France to the south shore of Long Island.
FA-1 expects to meet the following milestones:
1. Access to Dark Fiber and transmission stations -- 31 January 2001
2. Initial RFS Date -- 31 March 2001
3. Final RFS Date -- 30 June 2001
26
<PAGE>
Exhibit 10.22
Schedules to
SE Asia and Indian
Ocean CMA
<PAGE>
Exhibit 10.22
FIRST SUPPLEMENTAL AGREEMENT TO:
THE SOUTH EAST ASIA AND INDIAN OCEAN
CABLE MAINTENANCE AGREEMENT
<PAGE>
This First Supplemental Agreement which shall become effective on the first day
of December, 1986 made between the following Parties:-
MAINTENANCE AUTHORITIES
COMMUNICATIONS AUTHORITY OF THAILAND (CAT) - having its principal office at
12/46-48 Chaengwattana Road, Bangkok 10002 (herein called "CAT" which expression
shall include its successors).
CABLE AND WIRELESS (HONG KONG) LIMITED - having its registered office at New
Mercury House, 22 Fenwick Street, Hong Kong (herein called "CWHK" which
expression shall include its successors).
EASTERN TELECOMMUNICATIONS PHILIPPINES, INC. - with principal offices at
Telecoms Plaza, Sen. Gil J. Puyat Avenue, Makati, Metro Manila (herein called
"ETPI" which expression shall include its successors).
INTERNATIONAL TELECOMMUNICATION DEVELOPMENT CORPORATION - having its principal
office at 31, Ai Kuo East Road, Taipei (herein called "ITDC" which expression
shall include its successors).
JABATAN TELEKOM MALAYSIA on behalf of the Government of Malaysia - having its
principal office at Bukit Mahkamah, 50672 Kuala Lumpur (herein called "JTM"
which expression shall include its successors).
KOKUSAI DENSHIN DENWA CO., LTD. - having its principal office at No. 3-2,
Nishi-Shinjuku 2-Chome, Shinjuku-ku in the city of Tokyo (herein called "KDD"
which expression shall include its successors).
OFFICE DES POSTES ET TELECOMMUNICATIONS - having its registered office at
Boulevard de la Republique, Djibouti, Republique de la Djibouti (herein called
"OPT" which expression shall include its successors).
-2-
<PAGE>
OVERSEAS TELECOMMUNICATIONS SERVICES - having its registered office at OTS
Building, Duke Street, Colombo 1, Sri Lanka (herein called "OTS" which
expression shall include its successors).
OVERSEAS TELECOMMUNICATIONS COMMISSION (AUSTRALIA) - having its principal office
at 32-36 Martin Place, Sydney, in the State of New South Wales (herein called
"OTC(A)" which expression shall include its successors).
P.T.(PERSERO) INDONESIAN SATELLITE CORPORATION - a government owned enterprise
for international telecommunication of the Republic of Indonesia, having its
registered office at Jalan Medan Merdeka, Barat 21, Jakarta (herein called
"INDOSAT" which expression shall include its successors).
THE TELECOMMUNICATION AUTHORITY OF SINGAPORE - having its registered office at
Comcentre, 31 Exeter Road, Singapore 0923 (herein called TELECOMS which
expression shall include its successors).
VIDESH SANCHAR NIGAM LIMITED - having its registered office at Videsh Sanchar
Bhavan, Mahatma Gandhi Road, Bombay - 400 001, India (herein called "VSNL" which
expression shall. include its successors).
FACILITY PROVIDERS
ASEAN CABLESHIP PRIVATE LIMITED - having its principal office at 375 Tanjong
Katong Road, Singapore 1543, Republic of Singapore (herein called "ACPL" which
expression shall include its successors).
CABLE AND WIRELESS (MARINE) LIMITED - having its registered office at Mercury
House, Theobalds Road, London WCIX 8RX, (herein called "CWM" which expression
shall include its successors).
SEMBAWANG CABLE DEPOT PRIVATE LTD - having its registered office at 24 Raffles
Place, 23-01 Clifford Centre, Singapore, 0104 (herein called "SDPL" which
expression shall include its successors).
-3-
<PAGE>
WITNESSETH
WHEREAS under various Construction and Maintenance Agreements CAT, CWHK, ETPI,
ITDC, JTM, KDD, OPT, OTS, OTC(A), INDOSAT, TELECOMS and VSNL (hereinafter
called "Maintenance Authorities") are responsible for the maintenance and repair
of the submersible plant of certain submarine telecommunications cable systems
in the South East Asia and Indian Ocean areas.
WHEREAS ACPL, CWM and SDPL (hereinafter called "Facility Providers") and the
Maintenance Authorities are parties to and have entered into an Agreement
entitled "The South East Asia and Indian Ocean Cable Maintenance Agreement"
(hereinafter called "SEAIOCMA") made as at the first day of June, 1986.
WHEREAS under SEAIOCMA, ACPL and CWIM in their separate capacities as Cableship
Operators, make available two Cableships namely the C.S. Retriever and the C.S.
Cable Enterprise respectively to the Maintenance Authorities for the repair and
maintenance of such submarine telecommunications cables as are listed in
Schedule B1 of SEAIOCMA.
WHEREAS under SEAIOCMA, SDPL which owns and operates a cable depot located at
Sembawang Singapore, makes available the Cable Depot to the Maintenance
Authorities for the storage of spare submersible plant for the repair and
maintenance of such submarine telecommunications cable systems as are listed in
Schedule B1 of SEAIOCMA.
WHEREAS under SEAIOCHA the Maintenance Authorities are responsible for making
certain payments to the Facility Providers in respect of the services provided
thereunder and the Facility Providers are entitled to charge interest on any
bill for the period that payment of any such bill remains overdue.
WHEREAS the Parties to SEAIOCMA recognize that the Maintenance Authorities might
on occasion be prevented from making such payments due to certain circumstances
outside their reasonable control and the Parties wish to incorporate a provision
in SEAIOCMA to take into account this eventuality.
NOW THEREFORE the Parties agree with one another as follows:-
-4-
<PAGE>
1. The following clause shall be incorporated as new clause 21(m) in
SEAIOCMA:
(m) In the event that a Maintenance Authority is prevented, for reasons
of fire, flooding or any other such acts of god beyond its control,
from making payment upon the due date as defined in Clauses 21(g) or
21(1) then the interest normally applicable as defined in Clause
21(h) shall not apply for the period for which the Maintenance
Authority is so prevented from making the said payment.
2. The provisions of this First Supplemental Agreement shall come into effect
on the first day of December, 1986.
3. Except as herein amended by this First Supplemental Agreement. all the
terms, covenants, provisions and conditions set out and provided in
SEAIOCMA which entered into effect on the first day of June, 1986 shall
continue to apply and shall remain in full force and effect between the
Parties.
4. This First Supplemental Agreement shall be executed by each of the Parties
in fifteen (15) counterparts and each thereof when so executed and
delivered shall be an original and such parts shall together (as well as
separately) constitute one and the same instrument.
IN WITNESS WHEREOF the Parties have severally subscribed these presents or
caused them to be subscribed in their names and on their behalf by their
officers thereunto. duly authorized.
For and on behalf of Attest Date
ASEAN CABLESHIP PRIVATE LTD
___________________________ ______ ____
-5-
<PAGE>
For and on behalf of Attest
COMMUNICATIONS AUTHORITY OF THAILAND
___________________________ ______ ____
For and on behalf of Attest Date
CABLE AND WIRELESS (HONG KONG)LTD
___________________________ ______ ____
For and on behalf of Attest
CABLE AND WIRELESS (MARINE)LTD
___________________________ ______ ____
For and on behalf of Attest
EASTERN TELECOMMUNICATIONS
PHILLIPPINES INC.
___________________________ ______ ____
For and on behalf of Attest
INTERNATIONAL TELECOMMUNICATION
DEVELOPMENT CORPORATION
___________________________ ______ ____
-6-
<PAGE>
For and on behalf of Attest
JABATAN TELEKOM MALAYSIA
___________________________ ______ ____
-7-
<PAGE>
For and on behalf of Attest Date
KOKUSAI DENSHIN DENWA CO., LTD.
___________________________ ______ ____
For and on behalf of Attest
OVERSEAS TELECOMMUNICATIONS SERVICES
___________________________ ______ ____
For and on behalf of Attest
OFFICE DES POSTES ET TELECOMMUNICATIONS
___________________________ ______ ____
For and on behalf of Attest
OVERSEAS TELECOMMUNICATIONS COMMISSION
(AUSTRALIA)
___________________________ ______ ____
For and on behalf of Attest
P.T.(PERSERO) INDONESIAN
SATELLITE CORPORATION
___________________________ ______ ____
-8-
<PAGE>
For and on behalf of Attest Date
SEMBAWANG CABLE DEPOT PRIVATE LIMITED
___________________________ ______ ____
For and on behalf of Attest
THE TELECOMMUNICATION AUTHORITY OF
SINGAPORE
___________________________ ______ ____
For and on behalf of Attest
VIDESH SANCHAR NIGAM LTD.
___________________________ ______ ____
-9-
<PAGE>
31, Exeter Road Telegraphic Address: Telecom Singapore
Singapore 0923
Republic of Singapore
Telecoms
Date: 18th September 1987 Your Ref:
Our Ref: RE S3/55 Vol. 17
To: Parties shown in the attached lists
Dear Sirs
1ST SUPPLEMENTAL AGREEMENT TO THE SOUTH-EAST-ASIA AND INDIAN OCEAN CABLE
MAINTENANCE AGREEMENT (SEAIOCMA)
We refer to the 3rd South-East-Asia and Indian ocean Cable Maintenance
Agreement (SEAIOCMA) Management Committee Meeting held between 11 May to 12 May
87 in Jakarta, and to paragraph 11 of the minutes thereof, wherein we sought
clarification on the ambit of Clause 1 of the above Supplemental Agreement.
2 The explanation as given to us therein was that the said provision is intended
to deal with a situation where, as a result of anyone of those causes, records
of the Maintenance Authority were destroyed making it unable to make the
required payment until it had been furnished with the replacement of the bill
etc. by the Facility Providers. It is during this interim period that interest
on the deferred payment should not be paid by the Maintenance Authority. We
have, on the basis that the explanation will be binding on all the parties,
proceeded to sign this Supplemental Agreement as a signatory.
3 As also agreed therein, a copy of this letter of ours will be attached to each
counterpart of this Supplemental Agreement.
Yours faithfully
for & on behalf of Telecoms
-10-
<PAGE>
1) Cable and Wireless (Hong Kong) Limited
New Mercury House
22 Fenwick Street
Wanchai
Hong Kong
2) International Telecommunication Development Corporation
31 Aikuo East Road
Taipei
Taiwan
3) Kokusai Denshin Denwa Co Ltd
3-2 Nishi-Shinjuku 2-Chome
Shinjuku-Ku
Tokyo 163
Japan
4) Communications Authority of Thailand (CAT)
Submarine Cable Division, CAT
12/46-48 Cheangwattana Road
Bangkok 10002
Thailand
5) Syarikat Telekom Malaysia Berhad
Locked Bag 5005
15th Floor, Bukota Building
Jalan Pantai Baru
59990 Kuala Lumpur
Malaysia
6) ASEAN Cableship Pte Ltd
375 Tanjong Katong Road
Singapore 1543
-11-
<PAGE>
7) Eastern Telecommunications Philippines Inc
Telecoms Plaza
Sen. Gil J. Puyat Avenue
Makati
Metro Manila
Philippines
8) PT. (Persero) Indosat
Jalan Medan Merdeka Barat No. 21
Jakarta
Indonesia
9) Overseas Telecommunications Commission (Australia)
32-36, Martin Place
Sydney 2001
Australia
10) Overseas Telecommunications Services
OTS Building
Duke Street
Colombo 1
Sri Lanka
11) Videsh Sanchar Nigam Limited
Videsh Sanchar Bhavan
Mahatma Gandhi Road
Bombay - 400 001
India
12) Office des Postes et Telecommunications
Boulevard de la Republique
Djibouti
Republique de la Djibouti
13) Cable and Wireless (Marine) Ltd
Mercury House
Theobalds Road
London WC1X BRX
England
-12-
<PAGE>
(14) Sembawang Cable Depot Pte Ltd
24 Raffles Place
#23-01 Clifford Centre
Singapore 0104
-13-
<PAGE>
NINTH DOCUMENT OF ACCESSION
TO THE
SOUTH EAST ASIA AND INDIAN OCEAN CABLE
MAINTENANCE AGREEMENT
Certified as a true and accurate copy of the NINTH DOCUMENT OF
ACCESSION to the SOUTH EAST ASIA AND INDIAN OCEAN CABLE
MAINTENANCE AGREEMENT
Chairman
SEAIOCMA Management Committee
1997
-14-
<PAGE>
NINTH-DOCUMENT OF ACCESSION
TO THE SOUTH EAST ASIA AND INDIAN OCEAN
CABLE MAINTENANCE AGREEMENT
This document of accession is made as at the 12th day of September, 1997 between
the Parties to the South East Asia and Indian Ocean Cable Maintenance Agreement
as listed below and hereinafter referred to as the Parties
ASEAN CABLESHIP PRIVATE LTD
CABLE AND WIRELESS (MARINE) LTD
HONG KONG TELECOM INTERNATIONAL LTD
INTERNATIONAL DIGITAL COMMUNICATIONS INC
INTERNATIONAL TELECOMMUNICATION DEVELOPMENT CORPORATION
JABATAN TELEKOM OF BRUNEI DARUSSALAM
KOKUSAI DENSHIN DENWA CO, LTD
KOREA TELECOM
OFFICE DES POSTES ET TELECOMMUNICATIONS
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
P.T. INDOSAT (PERSERO) Tbk
P.T. TELEKOMUNIKASI INDONESIA
SEMBAWANG CABLE DEPOT PRIVATE LIMITED
SINGAPORE TELECOMMUNICATIONS LIMITED
SRI LANKA TELECOM
TELEKOM MALAYSIA BERHAD
TELSTRA CORPORATION LIMITED
THE COMMUNICATIONS AUTHORITY OF THAILAND
VIDESH SANCHAR NIGAM LTD
VIETNAM POSTS AND TELECOMMUNICATIONS CORPORATION
and, FLAG Limited, a company organized under the laws of Bermuda and having a
registered office at Richmond House, 5th Floor, 12 Par-la-Ville Road, Hamilton
HM 08 Bermuda (hereinafter referred to as "FLAG", which expression shall include
its legal successors).
WHEREAS:
(a) Under an agreement entitled the "South East Asia and Indian Ocean Cable
Maintenance Agreement dated June 1, 1986" (hereinafter called the
"Agreement") the Parties thereto agreed to the provision of Cableships and
other facilities (as defined in the Agreement) to repair and maintain
certain cable systems in South East Asia and the Indian Ocean.
(b) Under Clause 18 of the Agreement the Parties thereby agreed to third
parties acceding to the Agreement.
(c) FLAG has requested that it be admitted to the Agreement and to participate
therein as a Maintenance Authority.
-15-
<PAGE>
(d) The Parties to the Agreement have considered this request and raised no
objections to the accession of FLAG to the Agreement and in consequence
wish to sign this Document of Accession on their behalf.
NOW IT IS HEREBY AGREED AS FOLLOWS:
1. That in return for the Parties to the Agreement having mutually agreed
that FLAG may accede to the Agreement as a full participating Party with
certain benefits and obligations, FLAG agrees that it will observe and be
bound by the obligations contained in the Agreement as a Maintenance
Authority.
2. Upon its RFPA Date, FLAG shall report the Activated Capacity on a
quarterly basis by the first day of each quarter thereafter to the
Chairman, SEAIOCMA Management Committee, where the Activated Capacity is
the total equivalent circuit capacity of each segment of the FLAG Cable
System that is activated.
3. FLAG's accession to the Agreement shall be effective from one day after
provisional acceptance of the FLAG Cable System.
4. Certified copies of this executed Document of Accession, together with the
revised copies of any Schedules to the Agreement which are amended as a
consequence of the accession, shall be forwarded to all the Parties to the
Agreement.
ACCORDINGLY it is hereby agreed that FLAG is admitted as a Party to the
Agreement.
Signed:
For and on behalf of Attest Date
FLAG Limited
___________________________ ______ ____
For and on behalf of Attest Date
ASEAN CABLESHIP PRIVATE LTD
___________________________ ______ ____
-16-
<PAGE>
For and on behalf of Attest Date
CABLE AND WIRELESS (MARINE) LTD
___________________________ ______ ____
For and on behalf of Attest Date
HONG KONG TELECOM INTERNATIONAL LTD
___________________________ ______ ____
For and on behalf of Attest Date
INTERNATIONAL DIGITAL COMMUNICATIONS INC.
___________________________ ______ ____
For and on behalf of Attest Date
INTERNATIONAL TELECOMMUNICATION
DEVELOPMENT CORPORATION
___________________________ ______ ____
For and on behalf of Attest Date
JABATAN TELEKOM OF BRUNEI DARUSSALAM
___________________________ ______ ____
-17-
<PAGE>
For and on behalf of Attest Date
KOKUSAI DENSHIN DENWA CO LTD
___________________________ ______ ____
For and on behalf of Attest Date
KOREA TELECOM
___________________________ ______ ____
For and on behalf of Attest Date
OFFICE DES POSTES ET TELECOMMUNICATIONS
___________________________ ______ ____
For and on behalf of Attest Date
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
___________________________ ______ ____
For and on behalf of Attest Date
P.T. INDOSAT (PERSERO) Tbk
___________________________ ______ ____
-18-
<PAGE>
For and on behalf of Attest Date
PT. TELEKOMUNIKASI INDONESIA
___________________________ ______ ____
For and on behalf of Attest Date
SEMBAWANG CABLE DEPOT PRIVATE LIMITED
___________________________ ______ ____
For and on behalf of Attest Date
SINGAPORE TELECOMMUNICATIONS LIMITED
___________________________ ______ ____
For and on behalf of Attest Date
SRI LANKA TELECOM
___________________________ ______ ____
For and on behalf of Attest Date
TELEKOM MALAYSIA BERHAD
___________________________ ______ ____
-19-
<PAGE>
For and on behalf of Attest Date
TELSTRA CORPORATION LIMITED ACT 051 775 556
___________________________ ______ ____
For and on behalf of Attest Date
THE COMMUNICATIONS AUTHORITY OF THAILAND
___________________________ ______ ____
For and on behalf of Attest Date
VIDESH SANCHAR NIGAM LTD
___________________________ ______ ____
For and on behalf of Attest Date
VIETNAM POSTS AND TELECOMMUNICATIONS CORPORATION
___________________________ ______ ____
-20-
<PAGE>
SECOND SUPPLEMENTAL AGREEMENTS TO:-
THE SOUTH EAST ASIA AND INDIAN OCEAN
CABLE MAINTENANCE AGREEMENT
-21-
<PAGE>
Whereas the First Supplemental Agreement became effective on the first day of
December 1986,
This Second Supplemental Agreement which shall become effective on the 1st June,
1990 made between the following Parties:-
MAINTENANCE AUTHORITIES
COMMUNICATIONS AUTHORITY OF THAILAND (CAT) - having its principal office at
12/46-48 Chaengwattana Road, Bangkok 10002, Thailand (herein called "CAT" which
expression shall include its successors).
CABLE AND WIRELESS (HONG KONG) LIMITED - having its registered office at Telecom
House, 3 Gloucester Road, Hong Kong (herein called "CWHK" which expression shall
include its successors).
EASTERN TELECOMMUNICATIONS PHILIPPINES, INC. - with principal offices at
Telecoms Plaza, 316, Sen. Gil J. Puyat Avenue, Salcedo Village, Makati, Metro
Manila, Philippines (herein called "ETPI" which expression shall include its
successors).
INTERNATIONAL TELECOMMUNICATION DEVELOPMENT CORPORATION - having its principal
office at 31, AiKuo East Road, Taipei, Taiwan (herein called "ITDC" which
expression shall include its successors).
SYARIKAT TELEKOM MALAYSIA BERHAD - having its principal office at Wisma Telekom,
Jalan Pantai Bahru, 59200 Kuala Lumpur, Malaysia (herein called "STM" which
expression shall include its successors).
KOKUSAI DENSHIN DENWA CO., LTD. - having its principal office at No. 3-2,
Nishi-Shinjuku 2-Chome, Shinjuku-ku in the city of Tokyo (herein called "KDD"
which expression shall include its successors).
-22-
<PAGE>
OFFICE DES POSTES ET TELECOMMUNICATIONS - having its registered office at
Boulevard de La Republique, Djibouti, Republique de La Djibouti (herein called
"OPT" which expression shall include its successors).
OVERSEAS TELECOMMUNICATIONS SERVICES - having its registered office at OTS
Building, Duke Street, Colombo 1, Sri Lanka (herein called "OTS" which
expression shall include its successors).
OTC LIMITED - a company duly incorporated in the Australian Capital Territory
and having its principal office in New South Wales at 231 Elizabeth Street,
Sydney being formerly the statutory corporation known as Overseas
Telecommunications Commission (Australia) established in the Commonwealth of
Australia by the OTIC Act 1946, formerly titled Overseas Telecommunications Act
1946 (herein called "OTC" which expression shall include its successors).
P.T.(PERSERO) INDONESIAN SATELLITE CORPORATION - a government owned enterprise
for international telecommunication of the Republic of Indonesia, having its
registered office at Jalan Medan Merdeka Barat 21, Jakarta (herein called
"INDOSAT" which expression shall include its successors).
THE TELECOMMUNICATION AUTHORITY OF SINGAPORE - having its registered office at
Comcentre, 31 Exeter Road, Singapore 0923 (herein called "TELECOMS" which
expression shall include its successors).
VIDESH SANCHAR NIGAM LIMITED - having its registered office at Videsh Sanchar
Bhavan, Mahatma Gandhi Road, Bombay - 400 001, India (herein called "VSNL" which
expression shall include its successors).
The EMIRATES TELECOMMUNICATION CORPORATION LTD - having its registered office at
Abu Dhabi Commercial Bank Building, Salam Street, Abu Dhahi, United Arab
Emirates (herein referred to as "ETISALAT" which expression shall include its
successors).
PAKISTAN TELEGRAPH AND TELEPHONE - having its registered office at Ramna 8/4,
Islamabad, Pakistan (herein called "PIT" which expression shall include its
successors).
-23-
<PAGE>
FACILITY PROVIDERS
ASEAN CABLESHIP PRIVATE LIMITED - having its principal office at 15 McCallum
Street, #05-02 Natwest Centre, Singapore 0106, Republic of Singapore (herein
called "ACPL" which expression shall include its successors).
CABLE AND WIRELESS (MARINE) LIMITED - having its registered office at East Saxon
House, 27 Duke Street, Chelmsford, Essex, CMI 1HT, (herein called "CWM" which
expression shall include its successors).
SEMBAWANG CABLE DEPOT PTE LTD - having its registered office at 2nd Storey,
Katong Submarine Cable Station, 375 Tanjong Katong Road, Singapore 1543 (herein
called "SCDP" which expression shall include its successors).
WITNESSETH
WHEREAS under various Construction and Maintenance Agreements CAT, CWHK. ETPI,
ITDC, STM, KDD, OPT, OTS, OTC, INDOSAT, TELECOMS, VSNL, ETISALAT and PTT
(hereinafter called "Maintenance Authorities") are responsible for the
maintenance and repair of the Submersible Plant of certain submarine
telecommunications cable systems in the South East Asia and Indian Ocean areas.
WHEREAS ACPL, CWM and SCDPL (hereinafter called "Facility Providers") and the
Maintenance Authorities are parties to and have entered into an Agreement
entitled "The South East Asia and Indian Ocean Cable Maintenance Agreement"
(hereinafter called "SEAIOCMA') made as at the first day of June, 1986.
WHEREAS under SEAIOCMA, ACPL and CWM in their separate capacities as Cableship
Operators, make available two Cableships namely the C.S. Retriever and the C.S.
Cable Enterprise respectively to the Maintenance Authorities for the repair and
maintenance of such Scheduled Cables as are listed in Schedule BI of SEAIOCMA.
-24-
<PAGE>
WHEREAS under SEAIOCMA, SCDPL, which owns and operates a Depot located at
Sembawang Singapore, makes available this Depot to the Maintenance Authorities
for the storage of Spare Submersible Plant for the repair and maintenance of
such Scheduled Cables as are listed in Schedule B1 of SEAIOCMA.
FIRST RECITAL the Parties to SEAIOCMA have agreed to the construction of a new
Depot facility at Batangas Philippines to be owned and operated by CWM.
SECOND RECITAL the Parties to SEAIOCMA have agreed to the modification of the
Sembawang Depot to enable it to store optical fibre cables.
THIRD RECITAL under SEAIOCMA, CWM which will own and operate the new Depot
located at Batangas Philippines, agrees to make available the Depot to the
Maintenance Authorities for the storage of Spare Submersible Plant for the
repair and maintenance for such Scheduled Cables as are listed in Schedule B1 of
SEAIOCMA.
FOURTH RECITAL the Parties to SEAIOCMA have agreed to the modification of the
Cableships, the CS Retriever and the CS Cable Enterprise to enable the
aforementioned Cableships to carry out repairs on optical fibre cables.
FIFTH RECITAL the Parties to SEAIOCMA have agreed to the adoption of a method
for allocating Cableship costs and determining the repair priority of Scheduled
Cables based on a PIOCAU formula.
NOW THEREFORE in order to give effect to the aforementioned requirements the
Parties agree with one another as follows:
The following clauses in SEAIOCMA are hereby amended as follows:
CLAUSE ONE: DEFINITIONS
Save as is herein amended the definitions contained in this Supplemental
Agreement shall have the same
-25-
<PAGE>
meaning ascribed to them as in SEAIOCMA.
Clause 1(c) shall be amended to read:
1(c) "Chargeable Sheath Mileage" means the sheath mileage of a
Scheduled Cable expressed in
nautical miles adjusted in
accordance with Schedule D2 which
shall be included in the PIOCAU Cost
Allocation Formula.
The following sub-clauses shall be incorporated as new clauses 1(z) and 1(aa) in
SEAIOCMA:
1(z) "PIOCAU Cost Allocation Formula" means the method by which cableship
costs are allocated to each
Scheduled Cable as determined in
Schedule D2.
-26-
<PAGE>
l(aa) "PIOCAU" means the unit of Cableship cost
liability allocated to each Scheduled
Cable.
CLAUSE FIVE: PROVISION OF CAB LESHIPS AND DEPOT(S)
Clause 5(b) shall be amended to read:
5(b) Spare Submersible Plant for the Scheduled Cables shall, from the
effective date of the second Supplemental Agreement to this
Agreement be stored at either of two Depots provided under this
Agreement located respectively at Sembawang, Singapore and
Batangas, Philippines, other than that which may be on board either
of the Cableships. Notwithstanding the foregoing some Spare
Submersible Plant may be stored at alternative Depots or locations
not under this Agreement such as the Guam depot.
CLAUSE THIRTEEN : CABLESHIP BASE PORT
Clause 13(b) shall be amended to read:
(b) Should the Management Committee require at some stage during the
term of this Agreement a Cableship base port to be changed in order
to provide more efficient maintenance coverage of the Scheduled
Cables then the Cableship Operator shall implement the necessary
change subject to the prior agreement of the Cableship Operator(s)
involved and subject to Clause 26(a).
Any costs incurred as a result of the necessary change of base port
shall be borne by the Maintenance Authorities and allocated to the
Maintenance Authorities in proportion to each Scheduled Cable's
allocated number of PIOCAUS in accordance with Schedule D2.
CLAUSE NINETEEN : BASIS OF CABLESHIPS COST ALLOCATION
Clause 19(f) shall be amended to read:
-27-
<PAGE>
(f) The Quarterly Net Chargeable Cost for each Cableship, shall be
allocated to the Maintenance Authorities in proportion to each
Scheduled Cable's allocated number of PIOCAUs during the quarter in
accordance with Schedule D2 at all times (including repair and
maintenance operations);
Clause 19(h) shall be amended to read:
(h) Running Costs incurred in respect of Clauses 7(c), 7(f), 7(g) and
16(c) shall be allocated amongst the Maintenance Authorities
responsible for the Scheduled Cables in proportion to each Scheduled
Cable's allocated number of PIOCAUs in accordance with Schedule D2
or in accordance with the provisions of the PIOCMA if applicable;
Clause 19(k) shall be amended to read:
(k) The Running Costs of the Cableships for the duration of any period
when engaged in cable working exercises shall be allocated between
Scheduled Cables in proportion to their allocated number of PIOCAUs
in accordance with Schedule D2.
Clause 20(f) shall be amended to read:
(f) Where Transfer Costs are incurred in respect of either a charter for
the Cableship, or undertaking PIOCMA work pursuant to Clause 6, such
Transfer Costs shall be borne by the Maintenance Authorities in
proportion to each Scheduled Cable's allocated number of PIOCAUs as
defined in Schedule D2 or in accordance with the provisions of the
PIOCMA if applicable.
SCHEDULE AMENDMENTS
The following schedules are hereby revised in accordance with the
Schedules attached hereto to take account of the following amendments:
Schedule D2: Cableship Fixed Standing Charge Allocation is amended to
reflect the agreed
-28-
<PAGE>
introduction of the PIOCAU Cost Allocation Formula in place of allocation
against Chargeable Sheath Mileage.
Schedule El: Depot Cost Derivation is amended to reflect the agreed change
in Depot cost allocation to common sharing.
Schedule G: Cableship Technical Criteria is amended to update the
Cableships specifications by incorporating the agreed modifications to
enable the Cableships to repair and maintain fibre optic cable.
Schedule J: Depot Technical Criteria is amended to reflect the
construction of a new Depot in the Philippines and the modification of the
existing Depot at Singapore.
Schedule M: Priority Repair Arrangement: is introduced as a new schedule
to cover the procedures for priority of repair arrangements.
MISCELLANEOUS
The provisions of this Second Supplemental Agreement shall come into effect on
1st June, 1990 and shall continue thereafter until SEAIOCMA is terminated or
expires, whichever is the sooner.
Except as herein amended all terms, covenants, provisions and conditions set out
and provided in SEAIOCMA which entered into effect on the first day of June 1986
and the First Supplemental Agreement which entered into effect on the first day
of December 1986 shall continue to apply and shall remain in full force and
effect between the parties.
This Second Supplemental Agreement shall be executed by each of the Parties in
seventeen (17) counterparts and each thereof when so executed and delivered
shall be an original and such parts shall together (as well as separately)
constitute one and the same instrument.
IN WITNESS WHEREOF the Parties have severally subscribed these presents or
caused them to be subscribed in their names and on their behalf by their
officers thereunto duly authorized.
-29-
<PAGE>
For and on behalf of Attest Date
ASEAN CABLESHIP PRIVATE LTD
___________________________ ______ ____
For and on behalf of Attest
COMMUNICATIONS AUTHORITY OF THAILAND
___________________________ ______ ____
For and on behalf of Attest
CABLE AND WIRELESS (HONG KONG) LTD
___________________________ ______ ____
-30-
<PAGE>
For and on behalf of Attest Date
CABLE AND WIRELESS (MARINE) LTD
___________________________ ______ ____
For and on behalf of Attest
EASTERN TELECOMMUNICATIONS
PHILLIPPINES INC.
___________________________ ______ ____
For and on behalf of Attest
INTERNATIONAL TELECOMMUNICATION
DEVELOPMENT CORPORATION
___________________________ ______ ____
For and on behalf of Attest
SYARIKAT TELEKOM MALAYSIA BERHAD
___________________________ ______ ____
-31-
<PAGE>
For and on behalf of Attest Date
KOKUSAI DENSHIN DENWA CO., LTD.
___________________________ ______ ____
For and on behalf of Attest
OVERSEAS TELECOMMUNICATIONS SERVICES
___________________________ ______ ____
For and on behalf of Attest
OFFICE DES POSTES ET TELECOMMUNICATIONS
___________________________ ______ ____
For and on behalf of Attest
OTC LIMITED
___________________________ ______ ____
For and on behalf of Attest
P.T.(PERSERO) INDONESIAN
SATELLITE CORPORATION
___________________________ ______ ____
-32-
<PAGE>
For and on behalf of Attest Date
SEMBAWANG CABLE DEPOT PRIVATE LIMITED
___________________________ ______ ____
For and on behalf of Attest
THE TELECOMMUNICATION AUTHORITY OF
SINGAPORE
___________________________ ______ ____
For and on behalf of Attest
VIDESH SANCHAR NIGAM LTD.
___________________________ ______ ____
For and on behalf of Attest
THE EMIRATES TELECOMMUNICATION
CORPORATION LTD
___________________________ ______ ____
For and on behalf of Attest
PAKISTAN TELEGRAPH AND TELEPHONE
___________________________ ______ ____
-33-
<PAGE>
SCHEDULE D2
Page 1 of 8
CABLESHIP FIXED STANDING CHARGE ALLOCATION
1. The Cableship Fixed Standing Charge will be allocated to each Scheduled
Cable in accordance with the PIOCAU Cost Allocation Formula as defined
below:-
The PIOCAU Cost Allocation Formula is:-
PIOCAUs = NM [1 + (Bearer Capacity x Fill Factor/5000)]
Where:
a) NM equals the Chargeable Sheath Mileage of a cable system.
b) Bearer capacity is the assigned, notional or design capacity
whichever is used as the basis of ownership of each segment of a
cable system as identified in the relevant Construction and
Maintenance Agreement, or its equivalent, for that cable system.
(The assigned or notional capacity is that which would normally
accommodate the traffic requirements of a cable system for at least
10 years from RFS date).
c) Fill Factors are shown below on the basis of notional years of
service for each cable system and/or segment from its ready for
service date (RFS).
-34-
<PAGE>
SCHEDULE D2
Page 2 of 8
Notional Years of
Service from RFS Fill Factor
---------------- -----------
First 0.19
Second 0.28
Third 0.37
Fourth 0.46
Fifth 0.55
Sixth 0.64
Seventh 0.73
Eighth 0.82
Ninth 0.91
Tenth 1.00
-35-
<PAGE>
SCHEDULE D2
Page 3 of 8
(d) For the purposes of paragraph (c) above, notional years of services for
Scheduled Cables shall be determined as follows:-
(i) A Scheduled Cable shall commence its first notional year of service
on its RFS date; and
(ii) A Scheduled Cable shall commence its second notional year of service
on 1st July of the year following the calendar year of its RFS date
and shall commence subsequent notional years of service on 1st July
of subsequent years.
(e) The Cableship Operators will automatically apply the fill factor for new
cables entering the zone, adjust the fill factor for existing Scheduled
Cables in accordance with paragraphs (c) and (d) above, remove cables from
the Schedules with effect from the dates they are withdrawn from service
and circulate amended Schedules to all parties to this agreement as soon
as practicable after each amendment.
2. Where a Scheduled Cable or part of a Schedule Cable shown in Schedule C is
2000 nautical miles or more from the base port of the Cableship in that
Normal Operational Zone then, for PIOCAU calculation, the amount of the
Scheduled Cable beyond the 2000 nautical miles shall be considered as half
its actual length and this added to the cable length within 2000 nautical
miles shall be the Chargeable Sheath Mileage.
3. For Maintenance Authorities whose Scheduled Cables carry wholely or
partially domestic or non-commercial circuits, the following formula shall
apply for PIOCAU calculation purposes.
Z = Y/2 x X
-36-
<PAGE>
SCHEDULE D2
Page 4 of 8
WHERE: X = the Chargeable Sheath Mileage of a Scheduled Cable between
landing points (after adjustment calculated in accordance with
paragraph 2 above)
Y = the ratio of domestic or non-commercial circuits to all the
used circuits carried on the Scheduled Cable
Z = gives the discounted section of the Scheduled Cable.
Then X - Z shall give the Chargeable Sheath Mileage to be included in the
PIOCAU Cost Allocation Formula for derivation of the costs to be allocated
to the Maintenance Authority eligible for such discount.
4. Page 5 of this schedule indicates the cost allocation to each Scheduled
Cable calculated on the basis of (l), (2) and (3) above. The effective
length of Scheduled Cable after application of (2) and (3) is the
Chargeable Sheath Mileage. The Chargeable Sheath Mileage shall be included
in the PIOCAU Cost Allocation Formula and the number of PIOCAUs shall be
calculated in accordance with (1) above.
5. Maintenance Authorities shall keep the Management Committee and the
Cableship Operators advised of any change in the ratio (Y) of domestic or
non-commercial circuits currently on the Scheduled Cables in proportion to
all the traffic carried on the Scheduled Cables, for which they have
responsibility. Page 5 of this schedule shall be amended from time to time
as necessary.
6. Maintenance Authorities shall. advise the Management Committee of the
Bearer Capacity applicable to each Scheduled Cable.
-37-
<PAGE>
SCHEDULE D2
Page 5 of 8
7. Page 6 of this schedule indicates for billing purposes the allocation % of
each Scheduled Cable's cost (as derived above) among respective
Maintenance Authorities or Central Billing parties in accordance with and
as indicated in Clause 21 (j) and Schedule B2.
Amendments to the Chargeable Sheath Mileage shall be subject to the
approval of the Management Committee and shall be notified to the
Cableship Operators by the Management Committee and shall be effective
from the date of such notification unless otherwise agreed.
-38-
<PAGE>
SCHEDULE D2
Page 6 of 8
CABLESHIP COST ALLOCATION TO EACH SCHEDULE CABLE
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------
SCHEDULE CABLE SHEATH CHARGEABLE BEARER RFS FILL NO OF PIOCAU PRIORITY
MILEAGE SHEATH CAPACITY DATE FACTOR PIOCAU ALLOCATION FACTOR
(NM) MILEAGE (NM) (mth/yr) (%)
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342 342 1260 11/1984
- ----------------------------------------------------------------------------------------------------------------------------
SEA-ME-WE 'B' 1420 1420 1080 12/1985
- ----------------------------------------------------------------------------------------------------------------------------
SEA-ME-WE 'C' 2336 1410* 1080 12/1985
- ----------------------------------------------------------------------------------------------------------------------------
S-H-T 'A' 1617 1617 1380 8/1986
- ----------------------------------------------------------------------------------------------------------------------------
S-H-T 'B' 728 728 480 10/1985
- ----------------------------------------------------------------------------------------------------------------------------
A-I-S 'A' 1850 1122* 1380 9/1986
- ----------------------------------------------------------------------------------------------------------------------------
A-I-S 'B' 539 539 1380 8/1986
- ----------------------------------------------------------------------------------------------------------------------------
ASEAN M-S-T (M-S) 223 223 480 9/1983
- ----------------------------------------------------------------------------------------------------------------------------
ASEAN M-S-T (M-T) 330 330 480 9/1983
- ----------------------------------------------------------------------------------------------------------------------------
ASEAN M-S-T (T-T) 368 258* 720 9/1983
- ----------------------------------------------------------------------------------------------------------------------------
ASEAN P-S 1502 1502 1380 8/1978
- ----------------------------------------------------------------------------------------------------------------------------
ASEAN I-S 569 569 480 4/1980
- ----------------------------------------------------------------------------------------------------------------------------
IOCUM 1349 1349 480 5/1981
- ----------------------------------------------------------------------------------------------------------------------------
LUHO 475 475 1380 8/1977
- ----------------------------------------------------------------------------------------------------------------------------
TAILU 552 552 480 2/1980
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
-39-
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------
SCHEDULE CABLE SHEATH CHARGEABLE BEARER RFS FILL NO OF PIOCAU PRIORITY
MILEAGE SHEATH CAPACITY DATE FACTOR PIOCAU ALLOCATION FACTOR
(NM) MILEAGE (NM) (mth/yr) (%)
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
TAIGU 1664 832* 630 5/1981
- ----------------------------------------------------------------------------------------------------------------------------
MEDAN-PENANG 161 161 480 5/1983
- ----------------------------------------------------------------------------------------------------------------------------
K-K 466 233* 1200 8/1980
- ----------------------------------------------------------------------------------------------------------------------------
UAE-TND 1058 529* 1200 9/1987
- ----------------------------------------------------------------------------------------------------------------------------
IJAE-PAK 621 311* 1200 12/1987
- ----------------------------------------------------------------------------------------------------------------------------
H-J-K (B1 South) 1045 1045 1890 6/1990
- ----------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------
*Discounted in accordance with Schedule D2 pages 2-3
- ----------------------------------------------------------------------------------------------------------------------------
100.00
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
-40-
<PAGE>
SCHEDULE D2
Page 7 of 8
<TABLE>
<CAPTION>
CABLESHIP COST ALLOCATION TO EACH SCHEDULE CABLE
- ------------------------------------------------------------------------------------------------
SCHEDULE CABLE NO OF PIOCAU BILLING PARTIES (%) TOTAL
PIOCAUs ALLOCATION
(%) INDIVIDUAL BILLING PARTIES
- ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
SEA-ME-WE 'A'
- ------------------------------------------------------------------------------------------------
SEA-ME-WE 'B'
- ------------------------------------------------------------------------------------------------
SEA-ME-WE 'C'
- ------------------------------------------------------------------------------------------------
S-H-I 'A'
- ------------------------------------------------------------------------------------------------
S-H-I 'B'
- ------------------------------------------------------------------------------------------------
A-I-S 'A'
- ------------------------------------------------------------------------------------------------
A-I-S 'B'
- ------------------------------------------------------------------------------------------------
ASEAN M-S-T (M-S)
- ------------------------------------------------------------------------------------------------
ASEAN M-S-T (M-T)
- ------------------------------------------------------------------------------------------------
ASEAN M-S-T (T-T)
- ------------------------------------------------------------------------------------------------
ASEAN P-S
- ------------------------------------------------------------------------------------------------
ASEAN I-S
- ------------------------------------------------------------------------------------------------
IOCUM
- ------------------------------------------------------------------------------------------------
LUHO
- ------------------------------------------------------------------------------------------------
</TABLE>
-41-
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------
SCHEDULE CABLE NO OF PIOCAU BILLING PARTIES (%) TOTAL
PIOCAU ALLOCATION
(%) INDIVIDUAL BILLING PARTIES
- ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
TAILU
- ------------------------------------------------------------------------------------------------
TAIGU
- ------------------------------------------------------------------------------------------------
MEDAN-PENANG
- ------------------------------------------------------------------------------------------------
K-K
- ------------------------------------------------------------------------------------------------
UAE-IND
- ------------------------------------------------------------------------------------------------
UAE-PAK
- ------------------------------------------------------------------------------------------------
H-J-K (B1 South)
- ------------------------------------------------------------------------------------------------
TOTAL 100.00 100.00
- ------------------------------------------------------------------------------------------------
</TABLE>
-42-
<PAGE>
SCHEDULE D2
Page 7 of 8
CABLESHIP COST ALLOCATION TO EACH SCHEDULE CABLE
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------
SCHEDULE CABLE NO OF PIOCAU LIABILITY FOR PAYMENT (%) TOTAL
PIOCAUs ALLOCATION
(%) INDIVIDUAL SEAIOCMA PARTIES
- ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
SEA-ME-WE 'A'
- ------------------------------------------------------------------------------------------------
SEA-ME-WE 'B'
- ------------------------------------------------------------------------------------------------
SEA-ME-WE 'C'
- ------------------------------------------------------------------------------------------------
S-H-T 'A'
- ------------------------------------------------------------------------------------------------
S-H-T 'B'
- ------------------------------------------------------------------------------------------------
A-I-S 'A'
- ------------------------------------------------------------------------------------------------
A-I-S 'B'
- ------------------------------------------------------------------------------------------------
ASEAN M-S-T (M-S)
- ------------------------------------------------------------------------------------------------
ASEAN M-S-T (M-T)
- ------------------------------------------------------------------------------------------------
ASEAN M-S-T (T-T)
- ------------------------------------------------------------------------------------------------
ASEAN P-S
- ------------------------------------------------------------------------------------------------
ASEAN I-S
- ------------------------------------------------------------------------------------------------
IOCUM
- ------------------------------------------------------------------------------------------------
LUHO
- ------------------------------------------------------------------------------------------------
</TABLE>
-43-
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------
SCHEDULE CABLE NO OF PIOCAU LIABILITY FOR PAYMENT (%) TOTAL
PIOCAUs ALLOCATION
(%) INDIVIDUAL SEAIOCMA PARTIES
- ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
TAILU
- ------------------------------------------------------------------------------------------------
TAIGU
- ------------------------------------------------------------------------------------------------
MEDAN-PENANG
- ------------------------------------------------------------------------------------------------
K-K
- ------------------------------------------------------------------------------------------------
UAE-IND
- ------------------------------------------------------------------------------------------------
UAE-PAK
- ------------------------------------------------------------------------------------------------
H-J-K (B1 South)
- ------------------------------------------------------------------------------------------------
TOTAL 100.00
- ------------------------------------------------------------------------------------------------
</TABLE>
-44-
<PAGE>
SCHEDULE El
PAGE 1 OF 4
DEPOT COST DERIVATION
1. GENERAL
For the purposes of this Agreement, the costs of the Depot(s) shall be
defined as:
(a) Storage Costs. which shall comprise:
(i) Depot Capital Charge; and
(ii) Operating Costs
(b) Transfer Costs.
The above Storage Costs shall be the combined costs of the Sembawang and
Batangas Depots and shall be allocated to Maintenance Authorities who have
spare plant stored in the Depots in accordance with the provisions of
Clause 20(b).
2. CAPITAL CHARGE
The "Capital Charge" for the Depot relates to the capital investment
required to construct and equip cable storage tanks and cable handling
facilities, and provide all other storage and handling facilities to house
repeaters, equalizers, tails, and the like. The respective Capital
Charges shall comprise:
(a) SEMBAWANG DEPOT
A fixed annual sum of one hundred and twenty-three thousand two
hundred pounds sterling ((pound)123,200) in respect of the Capital
Cost of the Depot as at the commencement of this Agreement,
(b) BATANGAS DEPOT
An annual sum of three hundred and forty five thousand pounds
sterling ((pound)345,00O)
-45-
<PAGE>
commencing with the 1990/91 Financial Year which shall be increased on a
compounding basis for subsequent Financial Years at the rate of five per
cent per annum.
SCHEDULE E1
PAGE 2 OF 4
(c) In respect of Capital Additions approved by the Management Committee
made to the Sembawang Depot commencing from the 1990/91 Financial
Year or made to the Batangas Depot after the 1990/91 Financial Year:
(i) an amount equal to the annual depreciation charge of such
Capital Additions. For the purposes of this Agreement the
appropriate depreciation policy shall be deemed to be
depreciation on a straight line basis over a ten year period
and the amount payable under the subparagraph shall be so
calculated accordingly; and
(ii) an amount equal to twenty-five percent (25%) of the average
annual net book value of such Capital Additions.
-46-
<PAGE>
SCHEDULE El
PAGE 3 OF 4
3. OPERATING COSTS
(a) "Operating Costs" means all costs incurred and payments made in
connection with operating the Depot(s) with the exception of:
(i) Capital Charge; and
(ii) Transfer Costs
(b) Operating Costs for each Depot include but are not limited to the
following:
(i) The cost of repairs to the maintenance of the Depot and its
equipment:
(ii) The rental paid by the Depot Owner for the lease of the site
of the Depot;
(iii) The salaries, wages, allowances and indirect payments of the
staff employed at the Depot (including liability for pension
contributions);
(iv) The costs of providing light, power, stores, other services,
supplies, and the costs in respect of running the Depot, and
any temporary storage facilities;
(v) The cost of insuring, at current market rates, the Depot
plant, equipment, and all cable and associated plant stored
therein against fire, lightning, explosion, aircraft, strikes,
civil commotion, earthquake, and hurricane;
(vi) The cost of insuring, at current market rates, liability for
loss and/or damage to third party property and bodily injury
or death to third parties
-47-
<PAGE>
arising from use of the Depot, plant, and equipment;
(vii) The cost of insuring, at current market rates, employees
liability insurance in respect of local labour;
(viii) An allowance for general administration, being equal to
twenty percent (20%) of the charges defined in paragraphs
3b(i) to 3b(vii) inclusive of this schedule;
(ix) A fee in respect of operating and managing the Depot, such fee
being equal to eighteen percent (18%) of the charges defined
in paragraphs 3b(i) to 3b(vii) inclusive, of this schedule.
4. TRANSFER COSTS
"Transfer Costs" means the additional costs incurred or payments
made in connection with the transfer to, from, or within any Depot
of any Spare Submersible Plant, including:
(a) The provision of additional temporary labour or handling
facilities required;
(b) The cost of any pilotage, port dues, tonnage dues, towage, or
wharfage charges incurred by any vessel discharging cable to
and from the Depot;
(c) The cost of providing any other additional services to effect
such transfer.
-48-
<PAGE>
SCHEDULE G
Page 1 of 8
BASIC CABLESHIP TECHNICAL CRITERIA
1. An outline specification of the C S Cable Enterprise and C S Retriever is
given in this Schedule G.
2. The operational capabilities of both Cableships include the following:
(i) Both vessels are capable of undertaking the repair of all Scheduled
analogue (coaxial) Cables including those of French, Japanese.
American and British manufacture except in the case of American
cable-to-repeater joints.
(ii) Both vessels are capable of undertaking the repair of all optical
fibre Scheduled Cables.
(iii) Both vessels are capable of handling and testing all types of
analogue (coaxial) repeaters and equalizers in use in the
Operational Zone at the effective date of the Agreement including
temperature compensating repeaters, both Cableships being equipped
with a thermally insulated repeater stack which holds powered
repeaters at a stable working temperature.
(iv) Both vessels are capable of handling, powering and testing the
optical fibre Scheduled Cables in the Operational Zone. A list of
basic, common testing and associated equipment is shown in Annex 1
to this Schedule G. Each vessel is capable of testing and jointing
of the optical fibre repeaters and cable in the Operational Zone and
each Vessel is equipped to suit the needs of the systems in its
Normal Operational Zone.
-49-
<PAGE>
(v) The Maintenance Authorities will, unless otherwise agreed,
provide the vessel covering the Normal Operational Zone in
which its cable is listed with the necessary jointing and
specialized test equipment, required by the Maintenance
Authority to be carried in order to maintain its cable, over
and above the equipment listed in Annex 1 to this Schedule G.
(vi) Where the vessel attends an optical fibre Scheduled Cable
outside its Normal Operational Zone and the faulty cable is of
the same type the vessel maintains in its Normal Operational
Zone then the Cableship Operator will request the Maintenance
Authority who has provided the specialized test and jointing
equipment relevant to the two systems for permission to use
this equipment on the faulty cable.
[Maintenance Authorities are requested to keep the Cableship
Operators informed of any agreements reached between them on
the common sharing of equipment and pooling of spare cable and
plant.]
(vii) Both vessels are capable of undertaking shallow and deep-water
repairs and of carrying sufficient quantities of rope, buoys,
grapnels and other associated items normally required for such
repair.
(viii) Both vessels are capable of carrying different types of
cables, repeaters, branching units and coupling tails at any
one time for the Scheduled Cables.
(ix) Both vessels are capable of handling remotely controlled
submersible vehicles (RCSVs).
-50-
<PAGE>
SCHEDULE G
Page 3 of 8
C S CABLE ENTERPRISE
CABLE MAINTENANCE VESSEL
CLASSIFICATION Lloyds Register of Shipping
+/- 100A1 "Ice Class 3" + LMC
PORT OF REGISTRY London
BUILDERS Cammell Laird
YEAR BUILT 1964
CALL SIGN GNCH
NET TONNAGE 1386
GROSS TONNAGE 4358
LENGTH OVERALL 113.64M
BREADTH MOULDED 14.94M
DEPTH MOULDED 8.99M
SUMMER LOAD DRAUGHT 5.84M
DISPLACEMENT 5759 TONNES
DEADWEIGHT 2586 TONNES
MAIN PROPULSION Diesel Electric - Twin Screw
MAXIMUM SHAFT POWER 2460KW
BUNKER CAPACITY 414 TONNES M.D.O
-51-
<PAGE>
SCHEDULE G
Page 4 of 8
SPEED AND ESTIMATED CONSUMPTION
MAXIMUM SPEED 15 KNOTS 15.2 TONNES/DAY
NORMAL CRUISING SPEED 13 KNOTS 11.1 TONNES/DAY
ON CABLE OPERATIONS 2/4 TONNES/DAY
IN PORT 1.5 TONNES/DAY
ENDURANCE 47 DAYS
BOW THRUSTER 650KW WHITE GILL
THRUST UNIT MAXIMUM
THRUST 6 TONNES
VARIABLE
THROUGHOUT 360
DEGREES
BOW RUDDER
CABLE CAPACITY
TOTAL VOLUME 886cu m
MAXIMUM LOAD TANKS 1 & 2 813 TONNES EACH
TANK 3 508 TONNES
CABLE HANDLING MACHINERY - FORWARD
TWO SADDLE-BACK DYNAMOMETERS
TWO 2800mm DIAMETER DRUM ENGINES
ONE FOUR WHEEL PAIR LINEAR HAUL OFF/HOLD BACK UNIT 01; PORT SIDE
-52-
<PAGE>
ONE TWO WHEEL PAIR LINEAR HAUL OFF/HOLD RACK UNIT ON STARBOARD SIDE
SCHEDULE G
Page 5 of 8
BOW SHEAVES DOUBLE SPLIT FLAT SHEAVES 3000mm DIAMETER
SINGLE FLAT SHEAVE 3000mm DIAMETER
BOW HOIST 3 TONNE S.W.L
STERN CHUTE 1500mm RADIUS
SINGLE REEL TAUT WIRE EQUIPMENT
TWO PORTABLE CABLE TRANSPORTERS
FORWARD DERRICKS (P & S) 5 TONNE S.W.L.
AFT DAVIT STORES CRANE (P & S) 1.5 TONNE S.W.L.
-53-
<PAGE>
SCHEDULE G
Page 6 of 8
C S RETRIEVER
CABLE MAINTENANCE VESSEL
CLASSIFICATION Lloyds Register of Shipping
+ 100A1 + LMC
PORT OF REGISTRY London
BUILDERS Cammell Laird
YEAR BUILT 1961
CALL SIGN GHMP
NET TONNAGE 1469
GROSS TONNAGE 4218
LENGTH OVERALL 112.77M
BREADTH MOULDED 14.48M
DEPTH MOULDED 8.99M
SUMMER LOAD DRAUGHT 5.82M
DISPLACEMENT 5650 TONNES
DEADWEIGHT 2505 TONNES
MAIN PROPULSION Diesel Electric - Twin Screw
-54-
<PAGE>
MAXIMUM SHAFT POWER 2460KW
SCHEDULE G
Page 7 of 8
BUNKER CAPACITY 522 TONNES M.D.O
SPEED AND ESTIMATED CONSUMPTION
MAXIMUM SPEED 15 KNOTS 16.3 TONNES/DAY
NORMAL CRUISING SPEED 13 KNOTS 13.2 TONNES/DAY
ON CABLE OPERATIONS 2/4 TONNES/DAY
IN PORT 1.5 TONNES/DAY
ENDURANCE 49 DAYS
BOW THRUSTER 425KW WHITE GILL
THRUST UNIT MAXIMUM
THRUST 4 TONNES
VARIABLE
THROUGHOUT 360
DEGREES
STERN THRUSTER 370KW TUNNEL
PRODUCING 5 TONNES
THRUST
-55-
<PAGE>
CABLE HANDLING MACHINERY - FORWARD
-56-
<PAGE>
SCHEDULE G
Page 8 of 8
TWO SADDLE-BACK DYNAMOMETERS
TWO 2800mm DIAMETER DRUM ENGINES
ONE FOUR WHEEL PAIR LINEAR HAUL OFF/HOLD BACK UNIT ON PORT SIDE
ONE TWO WHEEL PAIR LINEAR HAUL OFF/HOLD BACK UNIT ON STARBOARD SIDE
BOW SHEAVES DOUBLE SPLIT FLAT SHEAVES 3000mm DIAMETER
SINGLE FLAT SHEAVE 3000mm DIAMETER
BOW HOIST 2 TONNES S.W.L.
STERN CHUTE 150mm RADIUS
SINGLE REEL TAUT WIRE EQUIPMENT
TWO PORTABLE CABLE TRANSPORTERS
FORWARD DERRICKS (P & S) 5 TONNE S.W.L.
AFT DAVIT STORES CRANE (P & S) 1.5 TONNE S.W.L.
-57-
<PAGE>
SCHEDULE G
Annex 1
Page 8 of 8
COMMON TESTING AND ASSOCIATED EQUIPMENT
FOR MAINTAINING OPTICAL FIBRE CABLE SYSTEMS
POWER FEED EQUIPMENT
Power Feed Suite (maximum rating 12kv, 2.0 amps) complete with Dummy Load. High
Voltage Patch Panel.
DC TEST EQUIPMENT
DC Test Set
HV Megohmeter
OPTICAL TEST EQUIPMENT
OTDR (Backscatter Set)
Stabilized Light Sources
Optical Power Meter and Sensors
Bit Error Ratio Test Set
Optical Attenuator
ASSOCIATED EQUIPMENT
Low Voltage, 2 Amp Power Supply Unit
Line Current Trip Unit, 2 Amp capability
-58-
<PAGE>
SCHEDULE G
Annex 1
Page 8 of 8
Short Circuit Box. 2 Amp Capability
Fibre Optic Test Leads
Optical Test Lead Patch Panel
Cable Terminating Cubicle
-59-
<PAGE>
SCHEDULE J
Page 1 of 7
TECHNICAL CRITERIA
OF THE SEMBAWANG DEPOT
1. GENERAL FACILITIES
EXISTING: - 18 Tanks
- Storeroom for Housings, Tails and Cable Working Equipment.
- Office Accommodation
PLANNED: - Tankhouse with mezzanine floor enclosing 4 existing tanks.
(Due for
Completion
August 1990) - Mobile gantry to quayside from new tankhouse.
- Leasing of extra land to East and West of site.
- Construction of new Office/Store on new land to East of
site.
- Demolition of existing Office/Store.
- Provision of new cable hauler.
PROPOSED: - Three extra tanks to West of site.
(to be
authorized) - Three extra tanks on site of demolished Office/Store.
2. TANKS AND TANKHOUSE
- Steel sectional construction.
- Capable of being flooded.
-60-
<PAGE>
SCHEDULE J
Page 2 of 7
- Tanks 3, 6, 7, 8, 9 and 10 to 18 are equipped with removable canvas
roofs. Tanks are sited to allow positioning of mobile gantry and
spares supports for cable transfer.
- Tanks 1,2,4 and 5 will be contained within the new tankhouse. A
mezzanine floor is to be constructed over them to permit hauler and
transfer line positioning, safe cable bight stowage for cable to
cable joints, testing and if necessary in line repeaters.
- Dimensions:-
- --------------------------------------------------------------------------------
Outside Cone Coiling Volume per Volume Per
Tank Nos Diameter Diameter Height Tank Foot Height
- --------------------------------------------------------------------------------
1-9 33 ft 6 ft 9 ft 7,433 c ft 827 c ft
- --------------------------------------------------------------------------------
10-18 33 ft 10 ft 9 ft 6,991 c ft 777 c ft
- --------------------------------------------------------------------------------
NB. Cones of 1, 2, 4 and 5 to be changed to 10 ft during initial
modifications, which will modify the tank capacities to:
- --------------------------------------------------------------------------------
Outside Cone Coiling Volume per Volume Per
Tank Nos Diameter Diameter Height Tank Foot Height
- --------------------------------------------------------------------------------
3&6-9 33 ft 6 ft 9 ft 7,433 c ft 827 c ft
- --------------------------------------------------------------------------------
1,2,4&5& 33 ft 10 ft 9 ft 6,991 c ft 777 c ft
- --------------------------------------------------------------------------------
10-18
- --------------------------------------------------------------------------------
-61-
<PAGE>
SCHEDULE J
Page 3 of 7
It should be noted that for tanks which are subdivided for multiple type
cable storage there will be a reduction in the above figures. As this will
vary depending on the position and type of division in the tanks
individual calculations of this reduction are necessary.
3. OFFICE/STORE
Existing Building:
- Part two storey construction
- Area 85 feet x 23 feet:
- 2,293 sq ft for storing repeaters, ancillaries tails, rope and
miscellaneous cable working equipment.
- 495 sq ft for office space and test room for routine d.c. and
transmission tests on cable, repeaters and equalizers.
New Building:
- Details still under plan but will exceed above.
- Approximate dimensions 60 feet x 60 feet.
- Extra equipment storage space available on ground and mezzanine
floor of new tankhouse.
- Yard space available for storage, car parking and building
expansion.
-62-
<PAGE>
SCHEDULE J
Page 4 of 7
4. GANTRIES, HAULERS AND ANCILLARY EQUIPMENT
Existing: - 1 Doughty single pair wheeled hauler (approx 0.75 ton at 1
knot).
- 1 mobile tank spanning gantry for hauler mounting and cable
transfers.
- 5 mobile span support towers.
- 1 mobile span support tower (heavy duty).
- 2 fixed span support towers.
- Cable leads, gated and ungated.
- Span anchors for tanks 1 to 11.
- 1 hydraulic pallet trolley.
- 1 estate car.
PLANNED: - A new mobile gantry from Tankhouse to Quayside, capable
of taking roller boxes, a hauler and walkway, capable of
taking repeater weight.
- Tankhouse to have cable hauler line access points for
tanks otherwise obstructed by new tankhouse, details
still in planning.
-63-
<PAGE>
SCHEDULE J
Page 5 of 7
TECHNICAL CRITERIA
OF THE BATANGAS DEPOT
1. GENERAL FACILITIES
Site and facilities under construction for completion by 5th May, 1990:-
- 6 tanks in tankhouse with mezzanine floor.
- Gantry and finger pier the Cableship.
- Breasting dolphins, mooring dolphin and buoy for cable ship mooring
while transferring cable.
- Storeroom for housings, tails and cable working equipment.
- Office and test room/workshop
2. TANKS AND TANKHOUSE
- Steel sectional construction tanks.
- Capable of being flooded.
- Mezzanine steel floor overall 6 tanks permits hauler and transfer
line positioning safe cable bight stowage for cable to cable joints,
testing and if necessary in line repeater stacking.
-64-
<PAGE>
SCHEDULE J
Page 6 of 7
- Tanks and mezzanine floor enclosed in tankhouse building to give
security and protection from sunlight and weather. Capable of
expansion to accommodate 6 more tanks.
- Tank dimensions shall be:
- --------------------------------------------------------------------------------
Outside Cone Coiling Volume per
Diameter Diameter Height Volume Foot Height
- --------------------------------------------------------------------------------
33 ft 10 ft 13 ft 10,100 cu ft 777 cu ft
- --------------------------------------------------------------------------------
3. GANTRY AND FINGER PIER TO CABLE SHIP (97 metres)
- To be equipped with cable roller boxes, walkway lights, and
anchorage point for approximately 65 foot long catenary to cable
ship bow, for cable transfers with in line joints.
4. DOLPHINS AND BUOY MOORINGS
- Three breasting dolphins, one mooring dolphin and one mooring buoy
to accommodate the full range of size of all known current
commercial cableships. Water depth dredged to approximately 10.5
metres below mean low bar water level.
-65-
<PAGE>
SCHEDULE J
Page 7 of 7
5. STOREROOM, OFFICE AND TEST ROOM/WORKSHOP
- A single storey building 65 feet wide by 60 feet high, with an
office, mess room, washing/toilet facilities, a combined test
room/workshop connecting to the air conditioned test area for a
repeater, and a housing and equipment store. Over half the building
is devoted to the store with a floor area of over 2,100 sq ft. Space
is available to build on and provide more than double the initial
housing storage area.
- Yard space will accommodate a flameable goods store, parking and
heavy equipment.
6. HAULING AND ANCILLARY EQUIPMENT
Cable haulers, cable mobile roller trackways, a forklift and pick up
truck, and lifting hoists will be provided.
-66-
<PAGE>
SCHEDULE M
Page 1 of 2
PRIORITY REPAIR ARRANGEMENTS
This Schedule provides procedures pertaining to Priority Repair Arrangements.
In the event of simultaneous cable failures the priority of repair should be
guided by the principle of mutual cooperation between Maintenance Authorities
when electing to invoke Priority Repair Arrangements. The Maintenance
Authorities should recognize circumstances where a small failed system (lower
priority) might be more vital to its owners than the larger failed system and
conditions might exist where the owners of a smaller system may be in isolation
due to the failure.
Unless other arrangements are agreed by the Maintenance Authorities involved,
the priority of repair should be in accordance with the procedures set out
below.
1. Determination of Priority Factor
A Priority Factor (P/F) should be established for each Scheduled Cable.
The P/F is determined from the following formula:
P/F = PIOCAU's
--------
NM
Where:
- PIOCAU's equal the value of PIOCAU's calculated for each Scheduled
Cable.
- NM is the Chargeable Sheath Mileage in Nautical Miles for the
Scheduled Cable.
The Priority Factor of each Scheduled Cable is shown in page 5 of
Schedule D2 next to its respective PIOCAU rating.
-67-
<PAGE>
SCHEDULE M
Page 2 of 2
2. Procedures to Implement Priority Repair Arrangements
(a) The Scheduled Cable with the highest Priority Factor is first cable
to be repaired.
(b) If the Priority Factors of the cables are equal, the Scheduled Cable
with the highest number of PIOCAU's is first repaired.
(c) If the PIOCAU's of the Scheduled Cables are the same, the
Maintenance Authority that calls first for the repair ship is first
served.
-68-
<PAGE>
FIRST SUPPLEMENTAL AGREEMENT TO:
THE SOUTH EAST ASIA
AND
INDIAN OCEAN
CABLE MAINTENANCE AGREEMENT
-69-
<PAGE>
Cable &Wireless (HK) Ltd.
Internal Group Communication
From: GME Our ref OMBRS.61/87
To: ACOSEC Your ref.
23 November 1987
First Supplemental Agreement to the South East Asia and Indian Ocean Cable
Maintenance Agreement
I enclose the original copy of the above Agreement for your retention.
General Manager Engineering
Encl: as stated
PKCY/ef
c.c. MD* (GME) GMM* GMPA* GMFIN* DMIO
(*without enclosures)
Cable and Wireless (Hong Kong) Limited
Member of the Cable and Wireless Worldwide Communications Group
-70-
<PAGE>
FIRST SUPPLEMENTAL AGREEMENT TO:
THE SOUTH EAST ASIA
AND
INDIAN OCEAN
CABLE MAINTENANCE AGREEMENT
-71-
<PAGE>
THIRD SUPPLEMENT AGREEMENT TO:-
THE SOUTH EAST ASIA
AND
INDIAN OCEAN
CABLE MAINTENANCE AGREEMENT
-72-
<PAGE>
Whereas the First Supplemental Agreement became effective on the first day of
December 1986,
Whereas the Second Supplemental Agreement became effective on the first day of
June, 1990.
This Third Supplemental Agreement which shall become effective on 17th September
1992 made between the following Parties:
MAINTENANCE AUTHORITIES
THE COMMUNICATIONS AUTHORITY OF THAILAND - having its principal office at 99
Chaengwattana Road, Bangkok 10002, Thailand (herein called "CAT" which
expression shall include its successors).
EASTERN TELECOMMUNICATIONS PHILIPPINES, INC. - with principal offices at
Telecoms Plaza, 316 Sen. Gil J. Puyat Avenue, Salcedo Village, Makati, Metro
Manila, Philippines (herein called "ETPI" which expression shall include its
successors).
HONG KONG TELECOM INTERNATIONAL LIMITED - having its registered office at 26th
Floor, Office Tower, Convention Plaza, I Harbour Road, Wanchai, Hong Kong
(herein called "HKTI" which expression shall include its successors).
INTERNATIONAL TELECOMMUNICATION DEVELOPMENT CORPORATION - having its principal
office at 31 Aikuo East Road, Taipei, Taiwan (herein called "ITDC" which
expression shall include its successors).
JABATAN TELEKOM OF BRUNEI DARUSSALAM - having its principal office at Ministry
of Communications Building, 1st Floor, Old Airport, Berakas Bandas Seri Begawan
2051. Brunei Darussalam (herein called "JTB" which expression shall include its
successors).
-73-
<PAGE>
KOKUSAI DENSHIN DENWA CO., LTD. - having its principal office at No. 3-2.
Nish-Shinjuku 2-Chorne, Shinjuku-ku in the city of Tokyo (herein called "KDD"
which expression shall include its successors).
OFFICE DES POSTES ET TELECOMMUNICATIONS - having its registered office at
Boulevard de La Republique, Djibouti, Republique de La Djibouti (herein called
"OPT" which expression shall include its successors).
AUSTRALIAN AND OVERSEAS TELECOMMUNICATIONS CORPORATION LIMITED ACN 051 775 556,
a company incorporated in Australia, acting through its International Business
unit, OTC Australia, which has its principal office at 231 Elizabeth Street,
Sydney. New South Wales, Australia, being the successor (pursuant to the
Australian and Overseas Telecommunications Corporation Act 1992 of the
Commonwealth of Australia) of OTC Limited ACN 008 650 404, a company
incorporated in Australia and being formerly the statutory corporation known as
Overseas Telecommunications Commission (Australia) established in Australia by
the OTC Act 1946, (hereinafter called "OTC", which expression shall include its
successors).
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY - a corporation organized and
existing under the laws of the Republic of the Philippines and having its
principal office at the Ramon Cojuangco Building, Makati Avenue, Makati, Metro
Manila (herein called "PLDT" which expression shall include its successors).
P.T. (PERSERO) INDONESIAN SATELLITE CORPORATION - a government owned enterprise
for international telecommunication of the Republic of Indonesia, having its
registered office at Jalan Medan Merdeka Barat 21, Jakarta (herein called
"INDOSAT" which expression shall include its successors).
-74-
<PAGE>
PT TELEKOMUNIKASI INDONESIA - having its principal office at Jl. Jendral Gatot
Subroto No. 52, Jakarta 12150, Indonesia (herein called "PT TELKOM" which
expression shall include its successors).
SRI LANKA TELECOM - having its registered office at OTS Building, Duke Street,
Colombo 1, Sir Lanka (herein called "SLT" which expression shall include its
successors).
TELEKOM MALAYSIA BERHAD - a company incorporated in Malaysia and existing under
the laws of Malaysia, having its principal office at lbupejabat Telekom
Malaysia, Jalan Pantai Baharu, 59200 Kuala Lumpur, Malaysia (herein called
"Telekom Malaysia" or "TM" which expression shall include its successors).
SINGAPORE TELECOMMUNICATIONS PRIVATE LIMITED - having its registered office at
Comcentre, 31 Exeter Road, Singapore 0923 (herein called "SINGTEL" which
expression shall include its successors).
VIDESH SANCHAR NIGAM LIMITED - having its registered office at Videsh Sanchar
Bhavan, Mahatma Gandhi Road, Bombay - 400 001, India (herein called "VSNL" which
expression shall include its successors).
FACILITY PROVIDERS
ASEAN CABLESHIP PRIVATE LIMITED - having its principal office at 15 Hoe Chiang
Road, #05-01/03 Sanford Building, Singapore 0208, Republic of Singapore (herein
called "ACPL" which expression shall include its successors).
CABLE AND WIRELESS (MARINE) LIMITED - having its registered office at East Saxon
House, 27 Duke Street, Chelmsford, Essex, CM1 1HT. (herein called "CWM" which
expression shall include its successors).
-76-
<PAGE>
SEMBAWANG CABLE DEPOT PTE LTD - having its registered office at 2nd Storey,
Katong Submarine Cable Station, 375 Tanjong Katong Road, Singapore 1543 (herein
called "SCDPL" which expression shall include its successors).
WITNESSETH
WHEREAS under Construction and Maintenance Agreements CAT, ETPI, HKTI, INDOSAT,
ITDC, JTB, KIDD, OPT, OTC, SLT, PT TELKOM, PLDT, SINGTEL, TM, and VSNL
(hereinafter called "Maintenance Authorities") are responsible for the
maintenance and repair of the Submersible Plant of certain submarine
telecommunications cable systems in the South East Asia and Indian Ocean areas.
WHEREAS ACPL, CWM AND SCDPL (hereinafter called "Facility Providers") and the
Maintenance Authorities and parties to and have entered into an Agreement
entitled "The South East Asia and Indian Ocean Cable Maintenance Agreement"
(hereinafter called "SEAIOCMA") made as at the first day of June, 1986.
WHEREAS under SEAIOCMA, ACPL and CWM, in their separate capacities as Cableship
Operators, make available two Cableships namely the C.S. Retriever and the C.S.
Cable Enterprise respectively to the Maintenance Authorities for the repair and
maintenance of such Scheduled Cables as are listed in Schedule B1 of SEAIOCMA.
WHEREAS the introduction of high capacity optical fibre cables into SEAIOCMA and
the advancing age of the Cableships has necessitated the introduction of a
cableship replacement programme to ensure that the Facility Providers can
continue to provide an efficient maintenance service to the Maintenance
Authorities.
WHEREAS following presentations made by the Cableship Operators the parties to
SEAIOCMA have agreed to the replacement of both Cableships in accordance with
the terms of this Third
-77-
<PAGE>
Supplemental Agreement.
WHEREAS under the laws of the Republic of Singapore, all agreements, inter alia,
entered into by the Telecommunication Authority of Singapore and subsisting
before 1st April 1992 have since that date been transferred to SINGTEL and shall
continue in force on and after that date and shall be enforceable by or against
SINGTEL as if instead of the Telecommunications Authority of Singapore or any
person acting on behalf of the said Authority, SINGTEL had been named therein or
had been a party thereto.
NOW THEREFORE the Parties agree with one another as follows:
1. DEFINITIONS
Save as is herein amended, the words and/or expressions as used in this
Third Supplemental Agreement shall have the same meanings ascribed to them
as in the First Supplemental Agreement, the Second Supplemental Agreement
and SEAIOCMA.
"New Vessels" means the replacement vessels for the C.S. Retriever and
C.S. Cable Enterprise respectively.
2. CABLESHIPS REPLACEMENT SCHEDULE
(a) The Cableships as detailed in Clause 5(a) replaced by the New
Vessels as follows:-
i) C.S. Retriever to be replaced by a New Vessel ("Vessel 1") to
be based in Singapore as from 1st December 1994 or as soon as
the New Vessel is available thereafter.
-78-
<PAGE>
ii) C.S. Cable Enterprise to be replaced by a New Vessel ("Vessel
2") to be based in the Philippines as from 1st January, 1998
or as soon as the New Vessel is available thereafter.
(b) The C.S. Retriever and C.S. Cable Enterprise shall accordingly be
withdrawn from SEAIOCMA as at the date of replacement by each
respective New Vessel and the Maintenance Authorities shall incur no
further obligation or liabilities for the C.S. Retriever and C.S.
Cable Enterprise after these respective dates.
(c) Any other reference to either C.S. Retriever or C.S. Cable
Enterprise contained within SEAIOCMA shall with effect from the
replacement dates identified in Clause 2(a) of this Agreement, be
deemed to be references to Vessel 1 and Vessel 2 respectively.
(d) Notwithstanding the foregoing, at the time of introduction of Vessel
1, CWM shall make an assessment of the relative condition of the
C.S. Retriever and C.S. Cable Enterprise. In the event that the C.S.
Retriever is deemed to be the preferred vessel, it shall take up the
Philippines based maintenance duties until the introduction of
Vessel 2 and for the purposes of Clauses 2(a), (b) and (c), from the
date the C.S. Retriever takes up such duties it shall be deemed to
be the C.S. Cable Enterprise and the C.S. Enterprise shall be deemed
to be the C.S. Retriever.
Furthermore, for the period of such replacement by C.S. Retriever of
C.S. Cable Enterprise, any other references to the C.S. Cable
Enterprise contained within SEAIOCMA shall with effect from the
replacement be deemed to be references to the C.S. Retriever.
-79-
<PAGE>
3. DETERMINATION OF CABLESHIP FIXED STANDING CHARGE
(a) The Fixed Standing Charge for the New Vessels shall be as follows:
- --------------------------------------------------------------------------------
Vessel 1 1994/95 1995/96 1996/97 1997/98
Sing $'000 Sing $'000 Sing $'000 Sing $'000
- --------------------------------------------------------------------------------
Full Manning 23,884 24,214 25,257 26,347
- --------------------------------------------------------------------------------
Combined Manning 21,459 21,692 22,626 23,603
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Vessel 2 1997/98 1998/99 1999/2000 2000/01
(Pounds)'000 (Pounds)'000 (Pounds)'000 (Pounds)'000
- --------------------------------------------------------------------------------
Full Manning 8665 9035 9421 9826
- --------------------------------------------------------------------------------
Combined Manning 7844 8181 8533 8902
- --------------------------------------------------------------------------------
(b) Subsequent Financial Years' Fixed Standing Charges for each
respective New Vessel shall be advised not less than two years in
advance of the commencement of each Financial Year.
(c) Each successive Financial Year's Fixed Standing Charge advised under
Clause 3(b) of this Third Supplemental Agreement shall not
constitute an increase of more than 4% of the previous year's Fixed
Standing Charge. It a Cableship Operator requires an increase to the
annual Fixed Standing Charge in excess of the foregoing then the
Cableship Operator shall submit details of such increase for the
consideration of the Management Committee. This Clause 3(c) shall in
respect of the New Vessels replace Clause 19(c) of SEAIOCMA.
The foregoing 4% increase in the Fixed Standing Charge shall remain
fixed and firm up to and including the year 2003/2004, but
immediately thereafter such
-80-
<PAGE>
percentage shall be subject to downward revision. The Cableship
Operators shall propose such revised percentage not later than the
first day of January 2002 for the consideration and approval by the
Management Committee and such approval shall not be unreasonably
withheld.
(d) The Fixed Standing Charges in respect of the C.S. Retriever and the
C.S. Cable Enterprise shall cease to apply in respect thereof upon
the respective dates that each of these vessels is replaced by a New
Vessel.
(e) Should a New Vessel replace an existing Cableship in the course of a
Financial Year the Fixed Standing Charge chargeable for that
Financial Year shall be the aggregate of the proportionate amount of
Fixed Standing Charge of the Cableship being replaced and that of
the replacement New Vessel applicable to the duration of its
operation in that Financial Year.
4. PERIOD OF AGREEMENT
Clause 17 of SEAIOCMA shall be amended to read:
"This Agreement shall become effective on the first day of June 1986 and
shall expire ten (10) years from the delivery date of Vessel 2 as detailed
in Clause 2(a) of this Third Supplemental Agreement, but may continue
beyond that date by agreement amongst the Parties".
5. NOTICE OF WITHDRAWAL
Clause 18(d) of SEAIOCMA shall be amended whereby the period during which
a Maintenance Authority may not withdraw a Scheduled Cable from SEAIOCMA
other
-81-
<PAGE>
than under Clause 18(c) of SEAIOCMA is increased to a period often (10)
years from the delivery date of Vessel 2 as detailed in Clause 2 (a) of
this Third Supplemental Agreement. A minimum of two (2) years notice of
withdrawal, to expire not earlier than the said 10 year period, shall be
required to be given by such Maintenance Authority to withdraw a Scheduled
Cable from SEAIOCMA.
-82-
<PAGE>
6. CABLE DEPOT COST DERIVATION
Paragraph 2 of Schedule El of SEAIOCMA shall be amended with effect from
the 1st April 2000 such that the fixed annual sum referred in subparagraph
(a) shall apply to both the Sembawang and Batangas Depots and
sub-paragraph (b) (for avoidance of doubt being as inserted by the Second
Supplemental Agreement) shall be deleted as of the same date.
7. EFFECTIVE DATE
The provisions of this Third Supplemental Agreement shall come into effect
on 17th September 1992, and shall continue thereafter until SEAIOCMA is
terminated or expires, whichever is the sooner.
8. MISCELLANEOUS
Except as herein amended by this Third Supplemental Agreement, all terms,
covenants. provisions and conditions set out and provided in SEAIOCMA, and
the First and Second Supplementals to SEAIOCMA, shall continue to apply.
and shall remain in full force and effect between the Parties.
This Third Supplemental Agreement shall be executed by each of the Parties
in eighteen (18) counterparts and each thereof when so executed and
delivered shall be an original and such parts shall together as well as
separately constitute one and the same instrument.
IN WITNESS WHEREOF THE PARTIES- have severally subscribed these presents or
caused them to be subscribed in their names and on their behalf by their
officers thereunto duly authorized:
-83-
<PAGE>
SIGNED:
For and on behalf of Attest Date
ASEAN CABLESHIP PRIVATE LTD
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
COMMUNICATIONS AUTHORITY OF THAILAND
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
HONG KONG TELECOM INTERNATIONAL
LIMITED
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
CABLE AND WIRELESS (MARINE) LIMITED
- ------------------------------------------ --------- ---------
-84-
<PAGE>
For and on behalf of Attest Date
EASTERN TELECOMMUNICATIONS
PHILLIPPINES INC.
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
INTERNATIONAL TELECOMMUNICATION
DEVELOPMENT CORPORATION
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
TELEKOM MALAYSIA BERHAD
- ------------------------------------------ --------- ---------
-85-
<PAGE>
For and on behalf or Attest Date
KOKUSAI DENSHIN DENWA CO., LTD.
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
SRI LANKA TELECOM
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
OFFICE DES POSTES ET
TELECOMMUNICATIONS
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
AUSTRALIAN AND OVERSEAS
TELECOMMUNICATIONS CORPORATION
LIMITED ACN 051 775 556
- ------------------------------------------ --------- ---------
For and on behalf of Attest
P.T. (PERSERO) INDONESIAN
SATELLITE CORPORATION
- ------------------------------------------ --------- ---------
-86-
<PAGE>
For and on behalf of Attest Date
SEMBAWANG CABLE DEPOT
PRIVATE LIMITED
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
SINGAPORE TELECOMMUNICATIONS
PRIVATE LIMITED
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
VIDESH SANCHAR NIGAM LTD.
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
PHILIPPINE LONG DISTANCE
TELEPHONE COMPANY
- ------------------------------------------ --------- ---------
For and on behalf of Attest Date
JABATAN TELEKOM OF BRUNBI
DARUSSALAM
- ------------------------------------------ --------- ---------
-87-
<PAGE>
For and on behalf of Attest Date
PT TELEKOMUNISKASI INDONESIA
- ------------------------------------------ --------- ---------
-88-
<PAGE>
SCHEDULE Al
Page 1 of 3
Issue 8
EFFECTIVE: 8 October 1997
LIST OF PARTIES TO THIS AGREEMENT
MAINTENANCE AUTHORITIES
COMMUNICATIONS AUTHORITY OF THAILAND - having its principal office at 99
Chaengwattana Road, Bangkok 10002, Thailand (herein called "CAT" which
expression shall include its successors).
EASTERN TELECOMMUNICATIONS PHILIPPINES, INC. - with principal offices at
Telecoms Plaza, 316 Sen. Gil J. Puyat Avenue, Salcedo Village, Makati, Metro
Manila, Philippines (herein called "ETPI" which expression shall include its
successors).
FLAG Limited, a company organized under the laws of Bermuda and having a
registered office at Richmond House, 5th Floor, 12 Par-la-Ville Road, Hamilton
HM 08 Bermuda (hereinafter referred to as "FLAG", which expression shall include
its legal successors).
HONG KONG TELECOM INTERNATIONAL - having its registered office at Telecom House,
3 Gloucester Road, Hong Kong (herein called "HKTI" which expression shall
include its successors).
INTERNATIONAL DIGITAL COMMUNICATIONS, INC. - having its registered office at
5-20-8, Asakusabashi, Taito-Ku, Tokyo, Japan, 111 (herein called "IDC" which
expression shall include its successors).
INTERNATIONAL TELECOMMUNICATION DEVELOPMENT CORPORATION - having its principal
office at 31 Aikuo East Road, Taipei, Taiwan (herein called "ITDC" which
expression shall include its successors).
JABATAN TELEKOM BRUNEI DARUSSALAM - having its principle office at Ministry of
Communications Building, 2nd Floor, Old Airport, Berakas, Bandar Sen Begawan
2051, Brunei, Darussalam (herein called "JTB" which expression shall include its
successors).
KOKUSAI DENSHIN DENWA CO, LTD. - having its principal office at No. 3-2,
<PAGE>
SCHEDULE Al
Page 2 of 3
NishiShinjuku 2-Chome, Shinjuku-ku in the city of Tokyo (herein called "KDD"
which expression shall include its successors).
KOREA TELECOM - having its principal office at No. 100 Sejong-no, Chongno-gu,
Seoul 110-777, The Republic of Korea (herein called "KT" which expression shall
include its successors).
OFFICE DES POSTES ET TELECOMMUNICATIONS - having its registered office at
Boulevard de La Republique, Djibouti, Republique de La Djibouti (herein called
"OPT" which expression shall include its successors).
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY - a corporation organised and
existing under the laws of the Republic of the Philippines and having its
principle office at the Ramon Cojuangco Building, Makati Avenue, Makati, Metro
Manila (herein called "PLDT" which expression shall include its successors).
P.T. (PERSERO) INDONESIAN SATELLITE CORPORATION - a government owned enterprise
for international telecommunications of the Republic of Indonesia, having its
registered office at Jalan Medan Merdeka Barat 21, Jakarta 1 0 11 0 (herein
called "INDOSAT" which expression shall include its successors).
PT TELEKOMUNIKASI INDONESIA - having its principle office at Jl. Jendral Gatot
Subroto No. 52, Jakarta 12150, Indonesia (herein called "PT TELEKOM" which
expression shall include its successors).
SINGAPORE TELECOMMUNICATIONS PRIVATE LIMITED - having its registered office at
Comcentre, 31 Exeter Road, Singapore 0923 (herein called "SINGTEL" which
expression shall include its successors).
SRI LANKA TELECOM - having its registered office at OTS Building, Duke Street,
Colombo 1, Sri Lanka (herein called "SLT" which expression shall include its
successors).
TELEKOM MALAYSIA BERHAD - a company incorporated in Malaysia and existing under
the laws of Malaysia, having its principle office at Ibupejabat Telekom
Malaysia, Jalan Pantai Baharu, 59200 Kuala Lumpur, Malaysia (herein called
"TELEKOM MALAYSIA" or "TM" which expression shall include its successors).
TELSTRA CORPORATION LIMITED a company incorporated in Australia, acting
<PAGE>
SCHEDULE Al
Page 3 of 3
through its International Business unit, Telstra Corporation Limited, which has
its principal office at 231 Elizabeth Street, Sydney, New South Wales, Australia
(herein called "TELSTRA:," which expression shall include its successors).
VIDESH SANCHAR NIGAM LIMITED - having its registered office at Videsh Sanchar
Bhavan, Mahatma Gandhi Road, Bombay - 400 001, India (herein called "VSNL" which
expression shall include its successors).
VIETNAM POSTS AND TELECOMMUNICATIONS (formerly called the Directorate General of
Posts and Telecommunications of Vietnam) having its principle office at 18
Nguyen Du Street, Hanoi (hereinafter called "VNPT" which expression shall
include its successors).
<PAGE>
SCHEDULE A2
Page 1 of 1
Issue
EFFECTIVE: 1st July, 1997
LIST OF PARTIES TO THIS AGREEMENT
FACILITY PROVIDERS
ASEAN CABLESHIP PRIVATE LIMITED - having its principal office at 15 Hoe Chiang
Road, 05-01/03 Euro-Asia Centre Singapore 0208, Republic of Singapore (herein
called "ACPL" which shall include its successors).
CABLE AND WIRELESS MARINE LIMITED - having its registered office at East Saxon
House, 27 Duke Street, Chelmsford, Essex, CM1 1 HT (herein called "CWM" which
expression shall include its successors).
SEMBAWANG CABLE DEPOT PTE, LTD. - having its registered office at 2nd Storey,
Katong Submarine Cable Station, 375 Tanjong Katong Road, Singapore 1543 (herein
called "SCDPL" which expression shall include its successors).
<PAGE>
SCHEDULE B1
Page 1 of 5
Issue Nr. 37
Date: 1 October 1998
LIST OF SCHEDULED CABLES
LIABILITY for PAYMENT
SHEATH MAINTENANCE (%) of CHARGES ACCRUING
SCHEDULED CABLES MILEAGE AUTHORITIES to the SCHEDULE CABLES
- ---------------- ------- ----------- ----------------------
Singapore-Medan 342 Singtel 50
(SEA-ME-WEA) Indosat 50
Medan-Colombo 1,420 Indosat 50
(SEA-ME-WEB) SLT 50
Colombo-Djibouti 2,336 SLT 50
(SEA-ME-WE C) OPT 50
Singapore-Hong Kong 1,617 SINGTEL 50
(SIN-HON-TAI A) HKTI 50
Hong Kong-Taiwan 728 ITDC 50
(SIN-HON-TAI B) HKTI 50
Australia-Indonesia 1,850 Telstra 50
(A-I-S A) Indosat 50
Indonesia-Singapore 539 Indosat. 50
(A-I-S B) Singtel 50
Penang-Madras 1,349 TM 50
(IOCOM) VSNL 50
H-J-K part 1,082 HKTI 50
South of 25 - North KDD 50'
Hon-Tai 2 395 HKTI 50
ITDC 50
Kuantan-Kotakinabalu 803 TM 100
<PAGE>
SCHEDULE B1
Page 2 of 5
Issue Nr. 37
Date: 1 October 1998
LIABILITY for PAYMENT
SHEATH MAINTENANCE (%) of CHARGES ACCRUING
SCHEDULED CABLES MILEAGE AUTHORITIES to the SCHEDULE CABLES
- ---------------- ------- ----------- ----------------------
Surabaya-Banjarmasin 209 PT Telkom 100
B-S 843 Singtel 50
JTB 50
B-M-P 818 TM 33.3
JTB 33.3
PLDT 33.3
Tayuan-Mazu (TM-1) 149 ITDC 100
Taiwan-Pengfu (TP-1) 47 ITDC 100
Pengfu-Kinmen (PK-l) 80 ITDC 100
SEA-ME-WE 2 Seg 1 555 Singtel 20
Indosat 20
SLT 20
VSNL 20
OPT 20
APC Seg B1 102 Singtel 16.67
TM 16.67
HKTI 16.67
KDD 16.67
ITDC 16.67
IDC 16.67
APC Seg B2 160 as above as above
APC Seg B3 1290 " "
APC Seg B4 225 " "
<PAGE>
SCHEDULE B1
Page 3 of 5
Issue Nr. 37
Date: 1 October 1998
LIABILITY for PAYMENT
SHEATH MAINTENANCE (%) of CHARGES ACCRUING
SCHEDULED CABLES MILEAGE AUTHORITIES to the SCHEDULE CABLES
- ---------------- ------- ----------- ----------------------
APC Seg B5 717 " "
APC Seg B6 196 " "
APC Seg B7 Pt 236 " "
SEA-ME-WE 2 Seg 2.1 2037 Singtel 20
Indosat 20
SLT 20
VSNL 20
OPT 20
SEA-ME-WE 2 Seg 2.2 31 as above as above
SEA-ME-WE 2 Seg 2.3 842 " "
SEA-ME-WE 2 Seg 2.4 405 " "
SEA-ME-WE 2 Seg. 2.5 1564 " "
M-TBI 331 TM 5.3
CAT 94.7
M-T B2 52 CAT 100
M-T B3 306 TM 10.6
CAT 89.4
Phetchaburi - Sri Racha 55 CAT 100
TVH:
B1 Thailand - BU 664 CAT 100
<PAGE>
SCHEDULE B1
Page 4 of 5
Issue Nr. 37
Date: 1 October 1998
LIABILITY for PAYMENT
SHEATH MAINTENANCE (%) of CHARGES ACCRUING
SCHEDULED CABLES MILEAGE AUTHORITIES to the SCHEDULE CABLES
- ---------------- ------- ----------- ----------------------
B2 Vietnam - BU 109 VNPT 100
B3 Hong Kong - BU 1038 HKTI 100
Malaysia Domestic 957 TM 100
North Link
Malaysia Domestic 1271 TM 100
South Link
APCN System 1
Seg. B3 304 SingTel 11.11
TM 11.11
KDD 11.11
Indosat 11.11
KT 11.11
CAT 11.11
PLDT 11.11
HKTI 11.11
ITDC 11.11
Seg. B4 181 as above as above
Seg. B17 600 " "
APCN System 2
Seg. B5 686 as above as above
Seg. B6 352 " "
Seg. B7 41 " "
Seg. B8 389 " "
<PAGE>
SCHEDULE B1
Page 5 of 5
Issue Nr. 37
Date: 1 October 1998
LIABILITY for PAYMENT
SHEATH MAINTENANCE (%) of CHARGES ACCRUING
SCHEDULED CABLES MILEAGE AUTHORITIES to the SCHEDULE CABLES
- ---------------- ------- ----------- ----------------------
Seg. B9 1295 " "
Seg. B10 50 " "
Seg. B11 75 " "
APCN System 3
Seg. B12 703 as above as above
Seg. B13 52 " "
Seg. B14 107 " "
Seg. B15 69 " "
Seg. B16 490 " "
Jakarta-Surabaya 385 Indosat 100
JASURAUS (APCN-A) 1509 Telstra 50
Indosat 50
FLAG
Seg. K (Mumbai - BU4) 1386 FLAG 100
East of 77 deg.
50 min E
Seg. M (BU4 - Penang) 124 as above as above
Seg. L (BU4 - Satun) 60 " "
Seg. N (Songkhla - HK) 1596 " "
Seg. PI (HK - BUS) 915 " "
South of 25 deg N
<PAGE>
SCHEDULE C
Page 1 of 3
Issue Nr. 37
Date: 1 October 1998
CABLESHIP OPERATIONAL ALLOCATION
DEFINING EACH CABLESHIP'S NORMAL OPERATIONAL ZONE
This Schedule specifies which Cableship, subject to availability, would normally
undertake work on a given Scheduled Cable iste in Schedule B 1.
SINGAPORE BASED MANILA BASED
CABLESHIPE CABLESHIP
Sheath Sheath
------ ------
Scheduled Cable Miles Scheduled Cable Miles
- --------------- ----- --------------- -----
Singapore-Medan 342 Singapore-Hong King 1078
Medan-Colombo 1420 (Hong Kong end)
Colombo-Djibouti 2336
Singapore-Hong King 539 Hong Kong-Taiwan 728
(Singapore end)
Indonesia-Singapore 539 Australia-Indonesia 1850
(A-I-S `B')
Penang-Madras 1349 H-J-K 1082
(IOCOM) (South of 25 - N)
Kuantan-Kotakinabalu 803 Hon-Tai 2 395
Surabaya-Banjarmasin 209 Taiwan-Pengfu 47
Brunei-Singapore (B-S) 843 Tayuan-Mazu 149
Brunei-Malaysia-Phillippines 818 Pengfu-Kinmen 80
(BMP)
SEA-ME-WE2 Seg 1 555 APC Seg B 3 pt 638
APC Seg B 1 102 Seg B 4 225
<PAGE>
SCHEDULE C
Page 2 of 3
Issue Nr. 37
Date: 1 October 1998
SINGAPORE BASED MANILA BASED
CABLESHIPE CABLESHIP
Sheath Sheath
------ ------
Scheduled Cable Miles Scheduled Cable Miles
- --------------- ----- --------------- -----
Seg B 2 160 Seg B 5 717
Seg B 2 160 Seg B 5 717
Seg B 3 pt 652 Seg B 6 196
Seg B 7 pt 236
SEA - ME - WE 2 Seg 2.1 2037 TVH Seg B 3 1038
Seg 2.2 31 APCN Seg B 3 304
Seg 2.3 842 APCN Seg B 4 181
Seg 2.4 405 APCN Seg B 17 600
Seg 2.5 1564 APCN Seg B 5 686
M-T Seg B 1 331 APCN Seg B 6 352
Seg B 2 52 APCN Seg B 7 41
Seg B 3 306 APCN Seg B 8 389
Phetchaburi 55 APCN Seg B 9 (part) 597
Sri-Racha
Malaysia Domestic North Link 957 FLAG N (R14 - HK) 980
Malaysia Domestic South Link 1271 FLAG P1 (HK - BUS) 915
South of 25 deg. N
<PAGE>
SCHEDULE C
Page 3 of 3
Issue Nr. 37
Date: 1 October 1998
SINGAPORE BASED MANILA BASED
CABLESHIPE CABLESHIP
Sheath Sheath
------ ------
Scheduled Cable Miles Scheduled Cable Miles
- --------------- ----- --------------- -----
TVH Seg B1 664
TVH Seg B2 109
APCN Seg B9 (part) 698
APCN Seg B1O 50
APCN Seg B11 75
APCN Seg B12 703
APCN Seg B13 52
APCN Seg B14 107
APCN Seg B15 69
APCN Seg B16 490
Jakarta-Surabaya 385
JASURAUS 1509
FLAG K (Mumbai - BU4) 1386
East of 77 deg. 50 min E
FLAG M (BU4 - Penang) 124
FLAG L (BU4 - Satun) 60
FLAG N (Songkhla - R14) 616
<PAGE>
SCHEDULE D2
Page 1 of 13
Issue 4
Effective 3 April 1997
CABLESHIP FIXED STANDING CHARGE ALLOCATION
1. The Cableship Fixed Standing Charge will be allocated to each scheduled
Cable in accordance with the PIOCAU Cost Allocation Formula as defined
below:-
The PIOCAU Cost Allocation Formula is:-
PIOCAUs - NM [I + (Bearer Capacity x Fill Factor/5000)]
Where:
a) NM equals the Chargeable Sheath Mileage of a cable system.
b) Bearer Capacity is the assigned, notional or design capacity
whichever is used as the basis of ownership of each segment of a
cable system as identified in the relevant Construction and
Maintenance Agreement (C&MA"), or its equivalent, for that cable
system.
(The assigned or notional capacity is that which would normally
accommodate the traffic requirement of a cable system for at least
10 years from RFS date except as specified in Paragraph (c) (ii)
below
c) Fill Factors (FF) as shown below, are applied on the basis of years
of service for each Scheduled Cable from its Ready For Service (RFS)
date. The FF are intended to reflect system utilization from traffic
forecasts. The 10 year FF are assigned to all the Scheduled cables
except as specified in Paragraph (c) (ii) below.
i) Notional Years of
-----------------
Service from RFS Fill Factor
---------------- -----------
First 0.19
Second 0.28
Third 0.37
Fourth 0.46
Fifth 0.55
Sixth 0.64
Seventh 0.73
<PAGE>
SCHEDULE D2
Page 2 of 13
Issue 4
Effective 3 April 1997
Eight 0.82
Ninth 0.91
Tenth and beyond 1.00
ii) For those cables where capacity is sold to telecommunication
entities on a "demand basis" and no Notional Capacity is
listed in the cable's C&MA, the maintenance authority (ies) of
said cable system shall submit in writing to the Maintenance
Authority (ies) for approval the activated capacity of the
cable system to be used as Bearer Capacity. Fill Factor to be
used is 1.00.
d) For the purpose of paragraph (c) above, notional years of service
for Scheduled Cable shall be determined as follows:-
(i) A Scheduled Cable shall commence its first notional year of
service on its RFS date except as specified in Paragraph (c)
(ii) above; and
(ii) A Scheduled Cable shall commence its second notional year of
service on 1st July of the year following the calendar year of
its RFS date and shall commence subsequent notional years of
service on 1st July of subsequent years except as specified in
Paragraph (c) (ii) above.
e) The Cableship Operators will automatically apply the fill factor for
new cable entering the zone, adjust the fill factor for existing
Scheduled Cable in accordance with paragraphs (c) and (d) above
except as specified in Paragraph (c) (ii) above.
f) The Cableship Operators will automatically remove cables from the
Schedule with effect from the dates they are withdrawn from service
and circulate amended Schedule to all parties to this agreement as
soon as possible.
2. Where a Scheduled Cable or part of a Scheduled Cable shown in Schedule C
is 2000 nautical miles or more from the base port of the Cableship in that
Normal Operational Zone then, for PIOCAU calculation, the amount of the
Scheduled Cable beyond the 2000 nautical miles shall be considered as half
its actual length and this added to the cable length with 2000 nautical
miles shall be the Chargeable Sheath Mileage.
3. For Maintenance Authorities whose Scheduled Cable carry wholly or
partially domestic
<PAGE>
SCHEDULE D2
Page 3 of 13
Issue 4
Effective 3 April 1997
or non-commercial circuits, the following formula shall apply for PIOCAU
calculation purpose.
Z=Y/2 x X
Where:
X= the Chargeable Sheath Mileage of a Scheduled Cable between
landing points (after adjustment calculate in accordance with
paragraph 2 above)
Y= the ratio of domestic or non-commercial circuit to all the
used circuits carried on the Scheduled Cable
Z= gives the discounted section of the Scheduled Cable.
Then X - Z-shall give the Chargeable Sheath Mileage to be included in the
PIOCAU Cost Allocation Formula for derivation of the costs to be allocated
to the Maintenance Authorities eligible for such discount.
4. Page 5 of this schedule indicates the cost allocation to each Schedule
Cable calculated on the basis of (1), (2) and (3) above. The effective
length of Schedule Cable after application of (2) and (3) is the
Chargeable Sheath Mileage. The Chargeable Sheath Mileage shall be included
in the PIOCAU Cost Allocation Formula and the number of PIOCAUs shall be
calculated in accordance with (1) above.
5. Maintenance Authorities shall keep the Management Committee and the
Cableship Operators advised of any change in the ratio (Y) of domestic or
non-commercial circuits currently on the Scheduled Cable in proportion to
all the traffic carried on the Scheduled Cables, for which they have
responsibility. Page 5 of this schedule shall be amended from time to time
as necessary.
6. Maintenance Authorities shall advise the Management Committee of the
Bearer Capacity, or Activated Capacity as specified in Paragraph (c) (ii)
above, applicable to each Schedule Cable.
7. Page 7 of this schedule indicates for billing purposes the allocation (%)
of each Scheduled Cable's cost (as derived above) among respective
Maintenance Authorities or Central
<PAGE>
SCHEDULE D2
Page 4 of 13
Issue 4
Effective 3 April 1997
Billing parties in accordance with and as indicated in Clause 21 (j) and
Schedule B2.
Amendment to the Chargeable Sheath Mileage shall be subject to the
approval of the Management Committee and shall be effective from the date
of such notification unless otherwise agreed.
8. Whenever Sheath Mileage, Bearer Capacity/Activated capacity or Fill Factor
of a Schedule Cable is revised, the PIOCAU's for said Schedule Cable shall
be recalculated, and the total PIOCAU's for the Scheduled Cables shall
also be recalculated and the Order of Priority for the Scheduled Cable
shall be determined in accordance with Schedule M and Schedule D2 shall be
revised and distributed to each Party by CW(M).
<PAGE>
<TABLE>
<CAPTION>
===========================================================================================================================
SCHEDULE D2 Page 5 of 13
CABLESHIP COST ALLOCATION TO EACH SCHEDULED CABLE Re-Issue 51
EFFECTIVE 1 October 1998
- ---------------------------------------------------------------------------------------------------------------------------
SHEATH CHARGEABLE RFS PRIORITY PRIORITY %
SCHEDULED MILES SHEATH DATE BEARAR FILL PIOCAU'S FACTOR FACTOR SYSTEM COST
CABLE (NM) MILEAGE MNTH/YR CAPACITY FACTOR PIOCAU'S ORDER TYPE ALLOC
===========================================================================================================================
Coaxial
===========================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE A 342 342 Nov-84 1260 1.00 428.18 3869.46 5 S12 6.522
- ---------------------------------------------------------------------------------------------------------------------------
SEA-ME-WE B 1420 1420 Dec-85 1080 1.00 1726.72 CS-12M
- ---------------------------------------------------------------------------------------------------------------------------
SEA-ME-WE C* 2336 1410 Dec-85 1080 1.00 1714.56 S12
- ---------------------------------------------------------------------------------------------------------------------------
SOM-HON-TAI A 1617 1617 Aug-86 1380 1.00 2063.29 2063.29 8 NE 3.477
- ---------------------------------------------------------------------------------------------------------------------------
SOM-HON-TAI B 728 728 Oct-85 480 1.00 797.89 797.89 16 CS-5M 1.345
- ---------------------------------------------------------------------------------------------------------------------------
A-I-S A* 1850 1122 Sep-86 1380 1.00 1431.67 2119.43 7 NE 3.572
- ---------------------------------------------------------------------------------------------------------------------------
A-I-S B 539 539 Aug-86 1380 1.00 687.76 NE
- ---------------------------------------------------------------------------------------------------------------------------
IOCOM 1349 1349 May-81 480 1.00 1478.50 1478.50 11 NC 2.492
===========================================================================================================================
Fibre Optic
===========================================================================================================================
H-J-K 1082 1082 Jun-90 2694 0.91 1784.07 1784.07 10 OS280M 3.007
- ---------------------------------------------------------------------------------------------------------------------------
Apr-92 1086 0.73
- ---------------------------------------------------------------------------------------------------------------------------
HONTAI 2 395 395 Aug-90 1890 0.91 530.81 530.87 17 NL420 0.895
- ---------------------------------------------------------------------------------------------------------------------------
KUANTAN-* 803 502 Jan-91 5670 0.82 1107.32 1107.32 14 OS420M 1.866
- ---------------------------------------------------------------------------------------------------------------------------
KOTAKINABALU Feb-92 1890 0.73
- ---------------------------------------------------------------------------------------------------------------------------
SURABAYA-BANJARMASIN* 209 105 Jan-92 1200 0.73 123.40 123.40 19 OS280M 0.208
- ---------------------------------------------------------------------------------------------------------------------------
B-S 843 843 Nov-91 2520 0.82 1191.40 1191.40 13 OS560M 2.008
- ---------------------------------------------------------------------------------------------------------------------------
B-M-P B1 126 126 Feb-92 3780 0.73 195.54 1269.44 12 OS560M 2.139
- ---------------------------------------------------------------------------------------------------------------------------
B-M-P B2 85 85 Feb-92 3780 0.73 131.91 OS560M
- ---------------------------------------------------------------------------------------------------------------------------
B-M-P B3 607 607 Feb-92 3780 0.73 941.99 OS560M
- ---------------------------------------------------------------------------------------------------------------------------
TP 1 TAIWAN-PENGFU* 47 24 Aug-88 6048 1.00 53.03 53.03 22 CS-5M 0.089
- ---------------------------------------------------------------------------------------------------------------------------
TM-1 TAYUAN-MATZ* 149 75 Oct-92 2016 0.73 97.08 97.08 20 0.164
- ---------------------------------------------------------------------------------------------------------------------------
PK-1 PENGFU-KINMEN 80 40 Jun-91 2016 0.82 53.22 53.22 21 12C SM 0.090
- ---------------------------------------------------------------------------------------------------------------------------
APC Seg B1 S-B1 102 102 Sep-93 12300 0.64 326.89 8663.23 2 560M 14.601
Aug-94 690 0.55
Nov-95 330 0.46
Jan-97 9360 0.28
APC Seg B2 K-B1 Sep-93 726 0.64 348.78 560M
Aug-94 330 0.55
Nov-95 120 0.46
Jan-97 3630 0.28
APC Seg B3 B1-2 Sep-93 12600 0.64 3860.45 560M
Aug-94 360 0.55
Nov-95 210 0.46
Jan-97 5730 0.28
APC Seg B4 H-B2 Sep-93 8580 0.64 565.20 560M
Aug-94 600 0.55
Nov-95 420 0.46
Jan-97 5520 0.28
===========================================================================================================================
PIOCCAU'S = NM(1+(BEARER CAPACITY X FF/5000)) PRIORITY FACTOR = PIOCAU'S
- ---------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------
Fill Factor Update 1st July 98 *Discounted in accordance with Schedule D2 Pages 1 - 4
===========================================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
===========================================================================================================================
SCHEDULE D2 Page 6 of 13
CABLESHIP COST ALLOCATION TO EACH SCHEDULED CABLE Re-Issue 51
EFFECTIVE 1 October 1998
- ---------------------------------------------------------------------------------------------------------------------------
SHEATH CHARGEABLE RFS PRIORITY PRIORITY %
SCHEDULED MILES SHEATH DATE BEARAR FILL PIOCAU'S FACTOR FACTOR SYSTEM COST
CABLE (NM) MILEAGE MNTH/YR CAPACITY FACTOR PIOCAU'S ORDER TYPE ALLOC
===========================================================================================================================
Fibre Optic Ctd.
===========================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APC Seg 85 B2-3 717 717 Sep-93 13620 0.64 2232.42 2 560M
Aug-94 960 0.55
Nov-95 630 0.46
Jan-97 3690 0.28
APC Seg B6 T-B3 196 196 Sep-93 11340 0.64
APC Seg B7pt B3-N 236 236 Sep-93 17400 0.64 480.50 560M
Aug-94 960 0.55 848.99 560M
Nov-95 630 0.46
Jan-97 3690 0.28
- ---------------------------------------------------------------------------------------------------------------------------
SEA-ME-WE 2 SEG 1 555 555 Jan-93 5740 0.64 962.77 6323.84 4 560M 10.658
SEA-ME-WE 2 SEG 2.1 2037 2037 Jun-94 3922 0.55 2915.80 560M
SEA-ME-WE 2 SEG 2.2 31 31 Jun-94 502 0.55 32.71 560M
SEA-ME-WE 2 SEG 2.3* 842 647 Jun-94 4160 0.55 943.07 560M
SEA-ME-WE 2 SEG 2.4* 405 203 Jun-94 2239 0.55 253.00 560M
SEA-ME-WE 2 SEG 2.5* 1564 782 Jun-94 5051 0.55 1216.49 560M
- ---------------------------------------------------------------------------------------------------------------------------
MT B1 Phetchoburl - BU 331 331 Aug-94 2115 0.55 408.01 849.30 15 1.431
MT B3 Songkhia - BU 52 52 Aug-94 2115 0.55 64.10
MT B3 Kuantan - BU 306 306 Aug-94 2115 0.55 377.19
- ---------------------------------------------------------------------------------------------------------------------------
PHETCHABUR-SRKI 55 28 Aug-94 630 0.55 29.94 29.94 23 0.050
RACHA* 3.076
- ---------------------------------------------------------------------------------------------------------------------------
MALAYSIA DOM.STH LINK* 1271 636 Jul-95 7560 0.46 1078.35 1825.32 9 2X5Gb's
MALAYSIA DOM.NTH LINK* 957 479 Apr-96 7560 0.37 746.97 2X5Gb's
- ---------------------------------------------------------------------------------------------------------------------------
TVH B1 Thailand - BU 664 664 Dec-95 7560 0.46 1125.83 3070.59 6 560M 5.175
TVH B1 Vietnam - BU 109 109 Dec-95 7560 0.46 184.81 560M
TVH B3 Hong Kong - Bu 1038 1038 Dec-95 7560 0.46 1759.95 560M
- ---------------------------------------------------------------------------------------------------------------------------
APCN Seg. B3 304 304 Jan-97 18870 0.28 1059.92 14788.23 1 2X5Gb's 24.924
Apr-97 8250 0.28 2X5Gb's
Mar-98 19530 0.19 2X5Gb's
Jun-98 5940 0.19 2X5Gb's
APCN Seg. B4 181 181 Jan-97 19470 0.28 607.19 2X5Gb's
Apr-97 9060 0.28 2X5Gb's
Mar-98 12300 0.19 2X5Gb's
Jun-98 7620 0.19 2X5Gb's
APCN Seg B17 600 600 Jan-97 7440 0.28 1181.80 2X5Gb's
Apr-97 1590 0.28 2X5Gb's
Mar-98 12330 0.19 2X5Gb's
Jun-98 -120 0.19 2X5Gb's
APCN Seg B5 686 686 Jan-97 14280 0.28 1779.66 2X5Gb's
Apr-97 6270 0.28 2X5Gb's
Mar-98 5970 0.19 2X5Gb's
Jun-98 5700 0.19 2X5Gb's
APCN Seg B6 352 352 Jan-97 6720 0.28 543.69 2X5Gb's
Apr-97 1050 0.28 2X5Gb's
Mar-98 2280 0.19 2X5Gb's
Jun-98 600 0.19 2X5Gb's
APCN Seg. B7 41 41 Jan-97 12780 0.28 101.48 2X5Gb's
Apr-97 5520 0.28 2X5Gb's
Mar-98 7650 0.19 2X5Gb's
Jun-98 4200 0.19 2X5Gb's
- ---------------------------------------------------------------------------------------------------------------------------
===========================================================================================================================
PIOCCAU'S = NM(1+(BEARER CAPACITY X FF/5000)) PRIORI5970TY FACTOR = PIOCAU'S
- ---------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
Fill Factor Update 1st July 98 * Discounted in accordance with Schedule D2 Pages 1-4
- -------------------------------------------------------------------------------------------------------------------------
=========================================================================================================================
SCHEDULE D2 Page 7 of 13
CABLESHIP COST ALLOCATION TO EACH SCHEDULED CABLE Re-Issue 51
EFFECTIVE 1 October 1998
- -------------------------------------------------------------------------------------------------------------------------
SHEATH CHARGEABLE RFS PRIORITY PRIORITY %
SCHEDULED MILES SHEATH DATE BEARAR FILL PIOCAU'S FACTOR FACTOR SYSTEM COST
CABLE (NM) MILEAGE MNTH/YR CAPACITY FACTOR PIOCAU'S ORDER TYPE ALLOC
=========================================================================================================================
=========================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APCN Seg. B8 389 389 Jan-97 7920 0.28 702.48 2x5Gb's
Apr-97 750 0.28 2x5Gb's
Mar-98 8100 0.19 2x5Gb's
Jun-98 330 0.19 2x5Gb's
APCN Seg. B9 1295 1295 Jan-97 15480 0.28 3697.95 2x5Gb's
Apr-97 5970 0.28 2x5Gb's
Mar-98 11790 0.19 2x5Gb's
Jun-98 5430 0.19 2x5Gb's
APCN Seg. B10 50 50 Jan-97 8880 0.28 100.74 2x5Gb's
Apr-97 2280 0.28 2x5Gb's
Mar-98 8190 0 19 2x5Gb's
Jun-98 1830 0.19 2x5Gb's
APCN Seg B11 75 75 Jan-97 13740 0.28 2x5Gb's
Apr-97 7050 0.28 2x5Gb's
Mar-98 7740 0.19 2x5Gb's
Jun-98 5040 0.19 2x5Gb's
APCN Seg B12 703 703 Jan-97 5340 0.28 930.73 2x5Gb's
Apr-97 180 0.28 2x5Gb's
Mar-98 360 0.19 2x5Gb's
Jun-98 30 0.19 2x5Gb's
APCN Seg B13 52 52 Jan-97 5880 0.28 81.85 2x5Gb's
Apr-97 300 0.28 2x5Gb's
Mar-98 5580 0.19 2x5Gb's
Jun-98 480 0.28 2x5Gb's
APCN Seg B14 107 107 Jan-97 7680 0.28 180.66 2x5Gb's
Apr-97 480 0.28 2x5Gb's
Mar-98 5700 0.19 2x5Gb's
Jun-98 390 0.19 2x5Gb's
APCN Seg B15 69 69 Jan-97 8040 0.28 118.63 2x5Gb's
Apr-97 2340 0.28 2x5Gb's
Mar-98 3630 0.19 2x5Gb's
Jun-98 0 0.19 2x5Gb's
APCN Seg B16 490 490 Jan-97 8580 0.28 964.99 2x5Gb's
Apr-97 2460 0.28 2x5Gb's
Mar-98 8850 0.19 2x5Gb's
Jun-98 390 0.19 2x5Gb's
JASURAUS (APCN-A) 1509 1509 Jan-97 4830 0.28 2538.17 2x5Gb's
Mar-98 10560 0.19 2x5Gb's
Jun-98 270 0.19 2x5Gb's
- -------------------------------------------------------------------------------------------------------------------------
Jakarta Surabya* 385 193 Dec-96 3780 0.37 246.99 246.99 18 2x5Gb's 0.416
- -------------------------------------------------------------------------------------------------------------------------
FLAG Seg. K (part) 1386 1386 Nov-97 3540 1.00 2367.29 6998.01 3 2x5Gb's 11.794
FLAG Seg. M 124 124 Nov-97 1080 1 00 150.78 2x5Gb's
FLAG Seg. L 60 60 Nov-97 3120 1 00 97.44 2x5Gb's
FLAG Seg. N 1596 1596 Nov-97 3180 1 00 2611.06 2x5Gb's
FLAG Seg. P1 (part) 915 915 Nov-97 4680 1 00 1771.44 2x5Gb's
=========================================================================================================================
PIOCCAU'S = NM(1+ (BEARER CAPACITY X FF/5000)) PRIORITY FACTOR = PIOCAU'S
- -------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------
Fill Factor Update 1st July 98 * Discounted in accordance with Schedule D2 Pages 1-4
=========================================================================================================================
======================================================================================== ==========
Total cost allocation units 59333.85 5933.85 100.00
======================================================================================== ==========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES SCHEDULE D2 Page 8 of 13
LIABILITIES FOR PAYMENT% Re-issue 51
EFFECTIVE 1 October 1998
- ------------------------------------------------------------------------------------------------------------------------------------
PERCENT SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTRA JTB PLDT
SCHEDULED TOTAL OF
CABLE PIOCAU'S TOTAL
====================================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE A 428.18 0.722 0.361 0.361
SEA-ME-WE B 1726.72 2.910 1.455 1.455
SEA ME-WE C 1714.56 2.890 1.455 1.455
SIN-HON-TAI A 2063.29 3.477 1.738 1.739
SIN-HON-TAI B 797.89 1.345 0.672 0.673
A-I-S A 1431.67 2.413 1.206 1.207
A-I-S B 687.76 1.159 0.579 0.580
IOCOM 1478.50 2.492 1.246 1.246
H-J-K 1784.07 3.007 1.503 1.504
HONTAI 2 530.87 0.895 0.447 0.448
KUANTAN - 1107.32 1.856 1.866
KOTAKINABALU
SURABAYA-BANJARMASIN 123.40 0.208
B-S 1191.40 2.008 1.004 1.004
B-M-P B1 195.54 0.330 0.110 0.110 0.110
B-M-P B2 131.91 0.222 0.074 0.074 0.074
B-M-P B2 941.99 1.588 0.530 0.529 0.529
TP-1 53.03 0.089 0.089
TM-1 97.08 0.164 0.164
PK-1 53.22 0.090 0.090
- ------------------------------------------------------------------------------------------------------------------------------------
Sea-Me-We 2 - The rite of vote is the same SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTRA JTB PLDT
for each party
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
=========================================================================
- -------------------------------------------------------------------------
SMW PT IDC VNPT KT TOTAL
SCHEDULED CBP TELKOM
CABLE
=========================================================================
- -------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
SEA-ME-WE A 0.722
SEA-ME-WE B 2.910
SEA ME-WE C 2.890
SIN-HON-TAI A 3.477
SIN-HON-TAI B 1.345
A-I-S A 2.413
A-I-S B 1.159
IOCOM 2.492
H-J-K 3.007
HONTAI 2 0.895
KUANTAN - 1.866
KOTAKINABALU
SURABAYA-BANJARMASIN 0.208 0.208
8-S 2.008
8-M-P B1 0.330
8-M-P B2 0.222
8-M-P B2 1.588
TP-1 0.089
TM-1 0.164
PK-1 0.090
- -------------------------------------------------------------------------
SMW PT IDC VNPT KT TOTAL
CBP TELKOM
- -------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES SCHEDULE D2 Page 9 of 13
LIABILITIES FOR PAYMENT% Re-Issue 51
EFFECTIVE 1 October 1998
- ------------------------------------------------------------------------------------------------------------------------------------
PERCENT SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTRA JTB
SCHEDULED TOTAL OF
CABLE PIOCAU'S TOTAL
====================================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APC Seg Bl S-Bl 326.89 0.551 0.091 0.092 0.092 0.092 0.092
APC Seg B2 K-Bl 348.78 0.588 0.098 0.098 0.098 0.098 0.098
APC Seg B3 B1-2 3860.45 6.507 1.084 1.084 1.084 1.385 1.385
APC Seg B4 H-B2 565.20 0.953 0.158 0.159 0.159 0.159 0.159
APC Seg B5 B2-3 2232.42 3.762 0.627 0.627 0.627 0.627 0.627
APC Seg B6 T-B3 480.50 0.810 0.135 0.135 0.135 0.135 0.135
APC Sag B7P+ B3-N 848.99 1.431 0.238 0.238 0.238 0.239 0.239
SEA-ME-M 2 Sl 962.77 1.623 0.324 0.324 0.325 0.325 0.325
SEA-ME-WE 2 S2.1 2915.80 4.914 0.982 0.983 0.983 0.983 0.983
SEA-ME-WE 2 S2.2 32.71 0.055 0.011 0.011 0.011 0.011 0.011
SEA-ME-WE 2 S2.3 943.07 1.589 0.317 0.318 0.318 0.315 0.318
SEA-ME-WE 2 S2.4 253.00 0.426 0.086 0.085 O.85 O.085 0.085
SEA-ME-WE 2 S2.5 1216.49 2.050 0.410 0.410 0.410 0.410 0.410
MT Bl Phetch-BU 408.01 0.688 0.037 0.651
MT B2 Songkhla-BU 64.10 0.108 0.108
MT B3 Kuantan-BU 377.19 0.636 0.068 0.568
PHETCH-SRI RACHA 29.94 0.050 0.050
MALAYSIA DOM. STH 1078.35 1.817 1.817
MALAYSIA DOM. NTH 746.97 1.259 1.259
TVH B1 Thai. - BU 1125.83 1.897 1.897
TVH 82 Viet. BU 184.81 0.311
TVH B3 HK - BU 1759.95 2.966 2.966
APCN B3 1059.92 1.786 0.199 0.199 0.199 0.199 0.198 0.198 0.198
APCN B4 607.19 1.023 0.113 0.113 0.113 0.114 0.114 0.114 0.114
APCN B17 1181.80 1.992 0.222 0.222 0.222 0.221 0.221 0.221 0.221
APCN B5 1779.66 2.999 0.334 0.334 0.333 0.333 0.333 0.333 0.333
APCN B6 543.69 0.916 0.101 0.101 0.102 0.102 0.102 0.102 0.102
APCN 87 101.48 0.171 0.019 0.019 0.019 0.019 0.019 0.019 0.019
APGN B8 702.48 1.184 0.131 0.131 0.131 0.131 0.132 0.132 0.132
APGN B9 3697.95 6.233 0.692 0.692 0.692 0.692 0.693 0.693 0.693
APCN B10 100.29 0.169 0.018 0.018 0.019 0.019 0.019 0.019 0.019
APCN B11 198.74 0.335 0.038 0.038 0.037 0.037 0.037 0.037 0.037
APCN B12 930.73 1.569 0.175 0.175 0.175 0.174 0.174 0.174 0.174
APCN B13 81.85 0.138 0.016 0.016 0.016 0.015 0.015 0.015 0.015
APCN B14 180.66 0.304 0.033 0.033 0.034 0.034 0.034 0.034 0.034
APCN B15 118.63 0.200 0.023 0.023 0.022 0.022 0.022 0.022 0.022
APCN B16 964.99 1.626 0.180 0.180 0.180 0.181 0.181 0.181 0.181
JASURAUS (APCN-A) 2538.17 4.278 2.139 2.139
Jakarta-Surabaya 246.99 0.416 0.416
FLAG K (part) 2367.29 3.990 3.990
FLAG M 150.78 0.254 0.254
FLAG L 97.44 0.164 0.164
FLAG N 2611.06 4.401 4.401
FLAG P1 (part) 1771.44 2.986 2.986
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Totals 59333.85 100.00 10.537 11.734 10.582 5.567 5.032 3.378 3.577 12.054 11.795 6.233 6.193 3.346 1.717
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Sea-Me-We 2 - The rite of vote is the same SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTRA JTB
for each party
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
====================================================================
SCHEDULE D2 Page 9 of 13
Re-issue 51
EFFECTIVE 1 October 1998
- --------------------------------------------------------------------
PLDT SMW PT IDC VNPT KT TOTAL
SCHEDULED CBP TELKOM
CABLE
====================================================================
- --------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
APC Seg Bl S-Bl 0.092 0.551
APC Sag B2 K-Bl 0.098 0.588
APC Seq B3 B1-2 1.085 6.507
APC Seg B4 H-B2 0.159 0.953
APC Seg B5 B2-3 0.627 3.762
APC Seg B6 T-B3 0.135 0.810
APC Sag B7P+ B3-N 0.239 1.431
SEA-ME-M 2 Sl 1.623
SEA-ME-WE 2 S2.1 4.914
SEA-ME-WE 2 S2.2 0.055
SEA-ME-WE 2 S2.3 1.589
SEA-ME-WE 2 S2.4 0.426
SEA-ME-WE 2 S2.5 2.050
MT Bl Phetch-BU 0.688
MT B2 Songkhla-BU 0.108
MT B3 Kuantan-BU 0.636
PHETCH-SRI RACHA 0.050
MALAYSIA DOM STH 1.817
MALAYSIA DOM NTH 1.259
TVH B1 Thai. - BU 1.897
TVH 82 Viet. BU 0.311 0.311
TVH B3 HK - BU 2.966
APCN B3 0.198 0.198 1.786
APCN B4 0.114 0.114 1.023
APCN B17 0.221 0.221 1.992
APCN B5 0.333 0.333 2.999
APCN B6 0.102 0.102 0.916
APCN 87 0.019 0.019 0.171
APGN B8 0.132 0.132 1.184
APGN B9 0.693 0.693 6.233
APCN B10 0.019 0.019 0.169
APCN B11 0.037 0.037 0.335
APCN B12 0.174 0.174 1.569
APCN B13 0.015 0.015 0.138
APCN B14 0.034 0.034 0.304
APCN B15 0.022 0.022 0.200
APCN B16 0.181 0.181 1.626
JASURAUS (APCN-A) 4.278
Jakarta-Surabaya 0.416
FLAG K (part) 3.990
FLAG M 0.254
FLAG L 0.164
FLAG N 4.401
FLAG P1 (part) 2.986
- --------------------------------------------------------------------
- --------------------------------------------------------------------
Totals 3.007 0.000 0.208 2.435 0.311 2.294 100.00
- --------------------------------------------------------------------
- --------------------------------------------------------------------
PLDT SMW PT IDC VNPT KT TOTAL
CBP TELKOM
- --------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
==============================================================================================================================
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES SCHEDULE D2 Page 10 of 13
LIABILITIES FOR PAYMENT% Re-Issue 51
EFFECTIVE 1 October 1998
- ------------------------------------------------------------------------------------------------------------------------------
PERCENT SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTRA
SCHEDULED TOTAL OF
CABLE PIOCAU'S TOTAL
==============================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE A 422.18 0.722
SEA-ME-WE B 1726.72 2.910
SEA-ME-WE C 1714.56 2.890
SIN-HON-TAI A 2063.29 3.477 3.477
SIN-HON-TAI B 797.89 1.345 1.345
A-I-S A* 1431.67 2.413 1.206 1.207
A-I-S B 687.76 1.159 0.579 0.580
IOCOM 1478.50 2.492 2.492
H-J-K 1784.07 3.007 3.007
HONTAI 2 530.87 0.895 0.895
KUANTAN- 1107.32 1.866 1.866
KOTAKINABALU
SURABAYA-
BANJARMASIN 123.40 0.208
B-S 1191.40 2.008 1.004
B-M-P B1 195.54 0.330 0.110
B-M-P B2 131.91 0.222 0.074
B-M-P B3 911.99 1.588 0.530
TP-1 53.03 0.089 0.089
TM-1 97.08 0.164 0.164
PKI 53.22 0.090 0.090
- ------------------------------------------------------------------------------------------------------------------------------
SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTRA
*The A-I-S Segment A cable will be charged from the Singapore Base Port when the Manila based
Cableship is not on standby to repair and maintain that cable
- ------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
==========================================================================
SCHEDULE D2 Page 9 of 13
Re-issue 51
EFFECTIVE 1 October 1998
- --------------------------------------------------------------------------
JTB PLDT SMW PT IDC VNPT KT TOTAL
SCHEDULED CBP TELKOM
CABLE
==========================================================================
- --------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE A 0.722 0.722
SEA-ME-WE B 2.910 2.910
SEA-ME-WE C 2.890 2.890
SIN-HON-TAI A 3.477
SIN-HON-TAI B 1.345
A-I-S A 2.413
A-I-S B 1.159
IOCOM 2.492
H-J-K 3.007
HONTAI 2 0.895
KUANTAN- 1.866
KOTAKINABALU
SURABAYA- 0.208
BANJARMASIN 0.208
B-S 1.004 2.008
B-M-P B1 0.110 0.110 0.330
B-M-P B2 0.074 0.074 0.222
BW-P B3 0.529 0.529 1.588
TP-1 0.089
TM-1 0.164
PKI 0.090
- --------------------------------------------------------------------------
CBP PT
JTB PLDT SMW TELKOM IDC VNPT KT TOTAL
- --------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
SCHEDULE D2 Page 11 of 13
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES Re-Issue 51
BILLING PARTIES % CWM OPERATED FACILITIES EFFECTIVE 1 October 1988
- ------------------------------------------------------------------------------------------------------------------------------------
PERCENT
TOTAL OF
SCHEDULED CABLE PIOCAU'S TOTAL SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
APC Seg B1 S-B1 326.89 0.551 0.551
APC Seg B2 K-B1 348.78 0.558 0.588
APC Seg B3 B1-2 3860.45 6.507 6.507
APC Seg B4 H-B2 565.20 0.953 0.963
APC Seg B5 B2-3 2232.42 3.762 3.762
APC Seg B6 T-B3 480.50 0.810 0.810
APC Seg B7 P+ B3-N 848.99 1.431 1.431
SEA-ME-WE 2 S1 962.77 1.623
SEA-ME-WE 2 S2.1 2915.80 4.914
SEA-ME-WE 2 S2.2 32.71 0.055
SEA-ME-WE 2 S2.3 943.07 1.589
SEA-ME-WE 2 S2.4 253.00 0.426
SEA-ME-WE 2 S2.5 1216.49 2.050
MT B1 Phetch-BU 408.01 0.688 0.037 0.651
MT B2 Songkhla-BU 64.10 0.108 0.108
MT B3 Kuantan-BU 377.19 0.636 0.068 0.568
PHETCH-SRI RACHA 29.94 0.050 0.050
MALAYSIA DOM. STH 1078.35 1.817 1.817
MALAYSIA DOM. NTH 746.97 1.259 1.259
TVH B1 Thai. -BU 1125.93 1.897 1.897
TVH B2 Viet. BU 184.81 0.311
TVH B3 HK - BU 1759.95 2.966 2.966
APCN B3 1059.92 1.786 1.786
APCN B4 607.19 1.023 1.023
APCN B17 1181.80 1.992 1.992
APCN B5 1779.66 2.999 2.999
APCN B6 543.69 0.916 0.916
APCN B7 101.48 0.171 0.171
APCN B8 702.48 1.184 1.184
APCN B9 3697.95 6.233 6.233
APCN B10 100.29 0.169 0.169
APCN B11 198.74 0.335 0.335
APCN B12 930.73 1.569 1.569
APCN B13 81.85 0.138 0.138
APCN B14 180.66 0.304 0.304
APCN B15 118.63 0.200 0.200
APCN B16 964.99 1.626 1.626
JASURAUS (APCN-A) 2538.17 4.278
Jakarta-Surabaya 246.99 0.416
FLAG K (part) 2367.29 3.990
FLAG M 150.78 0.254
FLAG L 97.44 0.164
FLAG N 2611.06 4.401
FLAG P1 (part) 1771.44 2.986
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Total PICOAU's 59333.85 100.00 1.583 8.253 4.341 3.274 0.000 0.000 0.000 46.937
TOTAL PERCENT 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI
* The A-I-S Segment A cable will be charged from the Singapore Base Port when
the Manila based Cableship is not on standby to repair and maintain that cable
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
=============================================================================================================================
SCHEDULE D2 Page 11 of 13
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES Re-Issue 51
BILLING PARTIES % CWM OPERATED FACILITIES EFFECTIVE 1 October 1988
- -----------------------------------------------------------------------------------------------------------------------------
SMW PT
SCHEDULED CABLE FLAG KDD ITDC TELSTRA JTB PLDT CBP TELKOM IDC VNPT KT TOTAL
=============================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
APC Seg B1 0.551
APC Seg B2 0.588
APC Seg B3 6.507
APC Seg B4 0.953
APC Seg B5 3.762
APC Seg B6 0.810
APC Seg B7 P+ 1.431
SEA-ME-WE 2 S1 1.623
SEA-ME-WE 2 S2.1 1.623 4.914
SEA-ME-WE 2 S2.2 4.914 0.055
SEA-ME-WE 2 S2.3 0.055 1.589
SEA-ME-WE 2 S2.4 1.589 0.426
SEA-ME-WE 2 S2.5 0.426 2.050
MT B1 Phetch-BU 2.050 0.688
MT B2 SongKhla-BU 0.108
MT B3 Kuantan-BU 0.636
PHETCH-SRI RACHA 0.050
MALAYSIA DOM. STH 1.817
MALAYSIA DOM. NTH 1.259
TVH B1 Thai. -BU 1.897
TVH B2 Viet. BU 0.311 0.311
TVH B3 HK - BU 2.966
APCN B3 1.786
APCN B4 1.023
APCN B17 1.992
APCN B5 2.999
APCN B6 0.916
APCN B7 0.171
APCN B8 1.184
APCN B9 6.233
APCN B10 0.169
APCN B11 0.335
APCN B12 1.569
APCN B13 0.138
APCN B14 0.304
APCN B15 0.200
APCN B16 1.626
JASURAUS (APCN-A) 2.139 4.278
Jakarta-Surabaya 0.416
FLAG K (part) 3.990 3.990
FLAG M 0.254 0.254
FLAG L 0.164 0.164
FLAG N 4.401 4.401
FLAG P1 (part) 2.986 2.986
- -----------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------
Total PICOAU's 11.795 0.000 0.343 3.346 1.717 0.713 17.179 0.208 0.000 0.311 0.000 100.000
TOTAL PERCENT
- -----------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------
CBP PT
FLAG KDD ITDC TELSTRA JTB PLDT SMW TELKOM IDC VNPT KT TOTAL
* The A-I-S Segment A cable will be charged from the Singapore Base Port when
the Manila based Cableship is not on standby to repair and maintain that cable
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
SCHEDULE D2 Page 12 of 13
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES Re-Issue 51
BILLING PARTIES % ACPL OPERATED FACILITIES EFFECTIVE 1 October 1988
- ------------------------------------------------------------------------------------------------------------------------------------
PERCENT
TOTAL OF
SCHEDULED CABLE PIOCAU'S TOTAL SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
SEA-ME-WE A 422.18 0.722
SEA-ME-WE B 1726.72 2.910
SEA-ME-WE C 1714.56 2.890
SIN-HON-TAI A 2063.29 3.477 3.477
SIN-HON-TAI B 797.89 1.345 1.345
A-I-S A* 1431.67 2.413 1.206
A-I-S B 687.76 1.159 0.579 0.580
IOCOM 1478.5 2.492 2.492
H-J-K 1784.07 3.007 3.007
HONTAI 2 530.87 0.895 0.895
KUANTAN- 1107.32 1.866 1.866
KOTAKINABALU
SURABAYA-
BANJARMASIN 123.4 0.208
B-S 1191.4 2.008 1.004
B-M-P B1 195.54 0.330 0.110
B-M-P B2 131.91 0.222 0.074
B-M-P B3 941.99 1.588 0.530
TP-1 53.03 0.089
TM-1 97.08 0.164
PK-1 53.22 0.090
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG
* The A-I-S Segment A cable will be charged from the Singapore Base Port when
the Manila based Cableship is not on standby to repair and maintain that cable
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
=================================================================================================================
SCHEDULE D2 Page 12 of 13
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES Re-Issue 51
BILLING PARTIES % ACPL OPERATED FACILITIES EFFECTIVE 1 October 1988
- -----------------------------------------------------------------------------------------------------------------
SCHEDULED CABLE KDD ITDC TELSTRA JTB PLDT SMW CBP PT TELKOM IDC VNPT KT TOTAL
=================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------
SEA-ME-WE A 0.722 0.722
SEA-ME-WE B 2.910 2.910
SEA-ME-WE C 2.890 2.890
SIN-HON-TAI A 3.477
SIN-HON-TAI B 1.345
A-I-S A* 1.207 2.413
A-I-S B 1.159
IOCOM 2.492
H-J-K 3.007
HONTAI 2 0.895
KUANTAN- 1.866
KOTAKINABALU
SURABAYA- 0.208
BANJARMASIN 0.208
B-S 1.004 2.008
B-M-P B1 0.110 0.110 0.330
B-M-P B2 0.074 0.074 0.222
B-M-P B3 0.529 0.529 1.588
TP-1 0.089 0.089
TM-1 0.164 0.164
PK-1 0.090 0.090
- -----------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------
KDD ITDC TELSTRA JTB PLDT SMW CBP PT TELKOM IDC VNPT KT
* The A-I-S Segment A cable will be charged from the Singapore Base Port when
the Manila based Cableship is not on standby to repair and maintain that cable
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
SCHEDULE D2 Page 13 of 13
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES Re-Issue 51
BILLING PARTIES % ACPL OPERATED FACILITIES EFFECTIVE 1 October 1988
- ------------------------------------------------------------------------------------------------------------------------------------
PERCENT
TOTAL OF
SCHEDULED CABLE PIOCAU'S TOTAL SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
APC Seg B1 S-B1 326.89 0.551 0.551
APC Seg B2 K-B1 348.78 0.558 0.588
APC Seg B3 B1-2 3860.45 6.507 6.607
APC Seg B4 H-B2 565.20 0.953 0.963
APC Seg B5 B2-3 2232.42 3.762 3.762
APC Seg B6 T-B3 480.50 0.810 0.810
APC Seg B7 P+ B3-N 848.99 1.431 1.431
SEA-ME-WE 2 S1 962.77 1.623
SEA-ME-WE 2 S2.1 2915.80 4.914
SEA-ME-WE 2 S2.2 32.71 0.055
SEA-ME-WE 2 S2.3 943.07 1.589
SEA-ME-WE 2 S2.4 253.00 0.426
SEA-ME-WE 2 S2.5 1216.49 2.050
MT B1 Phetch-BU 408.01 0.688 0.037 0.651
MT B2 Songkhla-BU 64.10 0.108 0.108
MT B3 Kuantan-BU 377.19 0.636 0.068 0.568
PHETCH-SRI RACHA 29.94 0.050 0.050
MALAYSIA DOM. STH 1078.35 1.817 1.817
MALAYSIA DOM. NTH 746.97 1.259 1.259
TVH B1 Thai. -BU 1125.93 1.897 1.897
TVH B2 Viet. BU 184.81 0.311
TVH B3 HK - BU 1759.95 2.966 2.966
APCN B3 1059.92 1.786 1.786
APCN B4 607.19 1.023 1.023
APCN B17 1181.80 1.992 1.992
APCN B5 1779.66 2.999 2.999
APCN B6 543.69 0.916 0.916
APCN B7 101.48 0.171 0.171
APCN B8 702.48 1.184 1.184
APCN B9 3697.95 6.233 6.233
APCN B10 100.29 0.169 0.169
APCN B11 198.74 0.335 0.335
APCN B12 930.73 1.569 1.569
APCN B13 81.85 0.138 0.138
APCN B14 180.66 0.304 0.304
APCN B15 118.63 0.200 0.200
APCN B16 964.99 1.626 1.626
JASURAUS (APCN-A) 2538.17 4.278 2.139
Jakarta-Surabaya 246.99 0.416 0.416
FLAG K (part) 2367.29 3.990
FLAG M 150.78 0.254
FLAG L 97.44 0.164
FLAG N 2611.06 4.401
FLAG P1 (part) 1771.44 2.986
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Total PICOAU's 29333.85 100.00 36.830 8.253 4.341 3.274 0.000 0.000 0.000 11.690
TOTAL PERCENT 100.00
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI
* The A-I-S Segment A cable will be charged from the Singapore Base Port when
the Manila based Cableship is not on standby to repair and maintain that cable
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
=============================================================================================================================
SCHEDULE D2 Page 11 of 13
CABLESHIP COST ALLOCATION TO MAINTENANCE AUTHORITIES Re-Issue 51
BILLING PARTIES % CWM OPERATED FACILITIES EFFECTIVE 1 October 1988
- -----------------------------------------------------------------------------------------------------------------------------
SMW PT
SCHEDULED CABLE FLAG KDD ITDC TELSTRA JTB PLDT CBP TELKOM IDC VNPT KT TOTAL
=============================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
APC Seg B1 0.551
APC Seg B2 0.588
APC Seg B3 6.507
APC Seg B4 0.953
APC Seg B5 3.762
APC Seg B6 0.810
APC Seg B7 P+ 1.431
SEA-ME-WE 2 S1 1.623
SEA-ME-WE 2 S2.1 1.623 4.914
SEA-ME-WE 2 S2.2 4.914 0.055
SEA-ME-WE 2 S2.3 0.055 1.589
SEA-ME-WE 2 S2.4 1.589 0.426
SEA-ME-WE 2 S2.5 0.426 2.050
MT B1 Phetch-BU 2.050 0.688
MT B2 SongKhla-BU 0.108
MT B3 Kuantan-BU 0.636
PHETCH-SRI RACHA 0.050
MALAYSIA DOM. STH 1.817
MALAYSIA DOM. NTH 1.259
TVH B1 Thai. -BU 1.897
TVH B2 Viet. BU 0.311 0.311
TVH B3 HK - BU 2.966
APCN B3 1.786
APCN B4 1.023
APCN B17 1.992
APCN B5 2.999
APCN B6 0.916
APCN B7 0.171
APCN B8 1.184
APCN B9 6.233
APCN B10 0.169
APCN B11 0.335
APCN B12 1.569
APCN B13 0.138
APCN B14 0.304
APCN B15 0.200
APCN B16 1.626
JASURAUS (APCN-A) 2.139 4.278
Jakarta-Surabaya 0.416
FLAG K (part) 3.990 3.990
FLAG M 0.254 0.254
FLAG L 0.164 0.164
FLAG N 4.401 4.401
FLAG P1 (part) 2.986 2.986
- -----------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------
Total PICOAU's 11.795 0.000 0.343 3.346 1.717 0.713 17.179 0.208 0.000 0.311 0.000 100.000
TOTAL PERCENT
- -----------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------
CBP PT
FLAG KDD ITDC TELSTRA JTB PLDT SMW TELKOM IDC VNPT KT TOTAL
* The A-I-S Segment A cable will be charged from the Singapore Base Port when
the Manila based Cableship is not on standby to repair and maintain that cable
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE E1
PAGE 1 OF 3
DEPOT COST DERIVATION
1. GENERAL
For the purposes of this Agreement, the costs of the Depot(s) shall be
defined as:
(a) Storage Costs, which shall comprise:
(i) Depot Capital Charge; and
(ii) Operating Costs
(b) Transfer Costs.
The above Storage Costs shall be the combined costs of the Sembawang and
Batangas Depots and shall be allocated to Maintenance Authorities who have
spare plant stored in the Depots in accordance with the provisions of
Clause 20(b).
2. CAPITAL CHARGE
The "Capital Charge" for the Depot relates to the capital investment
required to construct and equip cable storage tanks and cable handling
facilities, and provide all other storage and handling facilities to house
repeaters, equalisers, tails, and the like. The respective Capital
Charge's shall comprise:
(a) SEMBAWANG DEPOT
A fixed annual sum of one hundred and twenty-three thousand two
hundred pounds sterling (pound) 123,200) in respect of the Capital
Cost of the Depot as at the commencement of this Agreement,
3. OPERATING COSTS
(a) "Operating Costs" means all costs incurred and payments made in
connection with operating the Depot(s) with the exception of:
(i) Capital Charge; and
(ii) Transfer Costs
<PAGE>
SCHEDULE E1
PAGE 2 OF 3
(b) Operating Costs for each Depot include, but are not limited to the
following:
(i) The cost of repairs to the maintenance of the Depot and its
equipment:
(ii) The rental paid by the Depot Owner for the lease of the site of the
Depot;
(iii) The salaries, wages, allowances and indirect payments of the staff
employed at the Depot (including liability for pension
contributions);
(iv) The costs of providing light, power, stores, other services,
supplies, and the costs in respect of running the Depot, and any
temporary storage facilities;
(v) The cost of insuring, at current market rates, the Depot, plant,
equipment, and all cable and associated plant stored therein against
fire, lightning, explosion, aircraft, strikes, civil commotion,
earthquake, and hurricane;
(vi) The cost of insuring, at current market rates, liability for loss
and/or damage to third party property and bodily injury or death to
third parties arising from use of the Depot, plant, and equipment;
(vii) The cost of insuring, at current market rates, employees liability
insurance in respect of local labour;
(viii) An allowance for general administration, being equal to twenty
percent (20%) of the charges defined in paragraphs 3b(i) to 3b(vii)
inclusive of this schedule;
(ix) A fee in respect of operating and managing the Depot, such fee being
equal to eighteen percent (18%) of the charges defined in paragraphs
3b(i) to 3b(vii) inclusive, of this schedule.
<PAGE>
SCHEDULE E1
PAGE 3 OF 3
4. TRANSFER COSTS
"Transfer Costs" means the additional costs incurred or payments made in
connection with the transfer to, from, or within any Depot of any Spare
Submersible Plant, Including:
(a) The provision of additional temporary labour or handling facilities
required;
(b) The cost of any pilotage, port dues, tonnage dues, towage, or
wharfage charges incurred by any vessel discharging cable to and
from the Depot;
(c) The cost of providing any other additional services to effect such
transfer.
<PAGE>
- --------------------------------------------------------------------------------
DEPOT COST ALLOCATION TO EACH SCHEDULED CABLE
SCHEDULED CABLE SCHEDULE E3
STORAGE SPACE ISSUE 50
OCCUPIED CUBIC FEET Jul - Sep 1998
SINGAPORE AND
BATAGAS DEPOTS. TOTAL COST/ALLOCATION
CS ASEAN RESTORER PER SCHEDULED CABLE
AND CS CABLE INTERPRISE. %
- --------------------------------------------------------------------------------
SEA-ME-WE-A 2329 1.345
SEA-ME-WE-B 3987 2.302
SEA-ME-WE-C 5451 3.148
S-H-T-A 3830 2.212
S-H-T-B 10687 6.171
S-H-T-A/A-I-S 11418 6.593
A-I-S 7749 4.474
M-S-T 0 0.000
FLAG 7549 4.359
10COM 9419 5.439
H-J-K 4495 2.596
HONTAI 2 5798 3.348
K-K-K (KUANTAN-KOTAKINABALU) 1510 0.872
SURABAYA-BANJARMASIN 676 0.390
B-S 2121 1.225
B-M-P 1744 1.007
A-P-C 16964 9.795
SEA-ME-WE-2 16231 9,372
M-T & P-S-R 2863 1.653
MALAYSIA DOM. NTH & STH 8090 4.671
T-V-H 11364 6.562
APCN 33143 19.136
J-S (JAKARTA - SURABAYA) 2161 1.248
JASURAUS 3605 2.082
- --------------------------------------------------------------------------------
TOTALS 173,184 100.000
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE E4
Page 1 of 3 Issue 50
Jul - Sep 1998
DEPOT COST ALLOCATION TO MAINTENANCE AUTHORITIES
CWM OPERATED FACILITIES
BILLING PARTIES %
TOTAL STORAGE SPACE
OCCUPIED
<TABLE>
<CAPTION>
SCHEDULED CABLE cuff % SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTRA
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE-A 2,329 1.345
SEA-ME-WE-B 3,987 2.302
SEA-ME-WE-C 5,451 3.148
S-H-T-A 3,830 2.212 2.212
S-H-T-B 10,687 6.171 6.171
S-H-T-A/A-I-S 11,418 6.593 0.824 1.648 3.297 0.824
A-I-S 7,749 4.474 1.119 2.236 1.119
M-S-T 0 0.000 0.000 0.000 0.000
FLAG 7,549 4.359 4.359
10COM 9,419 5.439 5.439
H-J-K 4,495 2.596 2.596
HONTAI - 2 5,798 3.348 3.348
K-K-K (KUANTAN- 1,510 0.872 0.872
KOTAKINABALU)
SURABAYA- 676 0.390
BANJARMASIN
B-S 2,121 1.225 0.612
B-M-P 1,744 1.007 1.007
A-P-C 16,964 9.795 9.795
SEA-ME-WE 2 16,231 9.372
M-T & P-S-R 2,863 1.653 0.109 1.544
MALAYSIA DOM. NTH 8,090 4.671 4.671
& STH
T-V-H 11,364 6.562 2.188 2.187
APCN 33,143 19.136 19.136
J-S (JAKARTA - 2,161 1.248 1.248
SURABAYA)
JASURAUS 3,605 2.082 1.041 1.041
- -----------------------------------------------------------------------------------------------------------------------------------
173,184 100.000 2.555 12.098 6.173 3.732 0.000 0.000 0.000 48.742 4.359 0.000 0.000 2.984
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
SMW PT
SCHEDULED CABLE CBP JTB PLDT TELKOM IDC VNPT KT TOTAL
SEA-ME-WE-A 1.345 1.345
SEA-ME-WE-B 2.302 2.302
SEA-ME-WE-C 3.148 3.148
S-H-T-A 2.212
S-H-T-B 6.171
S-H-T-A/A-I-S 6.593
A-I-S 4.474
M-S-T 0.000
FLAG 4.359
10COM 5.439
H-J-K 2.596
HONTAI - 2 3.348
K-K-K (KUANTAN- 0.872
KOTAKINABALU)
SURABAYA- 0.390
BANJARMASIN
B-S 0.613 1.225
B-M-P 1.007
A-P-C 9.795
SEA-ME-WE 2 9.372 9.372
M-T & P-S-R 1.653
MALAYSIA DOM. NTH 4.671
& STH
T-V-H 2.187 6.562
APCN 19.136
J-S (JAKARTA - 1.248
SURABAYA)
JASURAUS 2.082
- -------------------------------------------------------------------------------
16,167 0.613 0.000 0.390 0.000 2.187 0.000 100.000
- -------------------------------------------------------------------------------
<PAGE>
SCHEDULE E4
Page 2 of 3 Issue 50
Jul - Sep 1998
DEPOT COST ALLOCATION TO MAINTENANCE AUTHORITIES
LIABILITIES PAYMENT %
TOTAL STORAGE SPACE
OCCUPIED
<TABLE>
<CAPTION>
SCHEDULED CABLE cuff % SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTAR
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE-A 2,329 1.345 0.673 0.673
SEA-ME-WE-B 3,987 2.302 1.150 1.151
SEA-ME-WE-C 5,451 3.148 1.574 1.574
S-H-T-A 3,830 2.212 1.106 1.106
S-H-T-B 10,687 6.171 3.085 3.086
S-H-T-A/A-I-S 11,418 6.593 2.473 1.648 1.648 0.824
A-I-S 7,749 4.474 1.119 2.236 1.119
M-S-T 0 0.000 0.000 0.000 0.000
FLAG 7,549 4.359 4.359
10COM 9,419 5.439 2.719 2.720
H-J-K 4,495 2.596 1.298 1.298
HONTAI - 2 5,798 3.348 1.674 1.674
K-K-K (KUANTAN- 1,510 0.872 0.872
KOTAKINABALU)
SURABAYA- 676 0.390
BANJARMASIN
B-S 2,121 1.225 0.612
B-M-P 1,744 1.007 0.335
A-P-C 16,964 9.795 1.633 1.632 1.632 1.632 1.633
SEA-ME-WE 2 16,231 9.372 1.875 1.875 1.874 1.874 1.874
M-T & P-S-R 2,863 1.653 0.109 1.544
MALAYSIA DOM. NTH 8,090 4.671 4.671
& STH
T-V-H 11,364 6.562 2.188 2.187
APCN 33,143 19.136 2.126 2.126 2.127 2.126 2.126 2.126
J-S (JAKARTA - 2,161 1.248 1.248
SURABAYA)
JASURAUS 3,605 2.082 1.041 1.041
- -----------------------------------------------------------------------------------------------------------------------------------
173,184 100.000 11.617 12.464 11.998 5.859 4.599 4.594 3.448 14.756 4.359 5.056 8.519 2.984
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
SMW PT
SCHEDULED CABLE CBP JTB PLDT TELKOM IDC VNPT KT TOTAL
SEA-ME-WE-A 1.346
SEA-ME-WE-B 2.301
SEA-ME-WE-C 3.148
S-H-T-A 2.212
S-H-T-B 6.171
S-H-T-A/A-I-S 6.593
A-I-S 4.474
M-S-T 0.000
FLAG 4.359
10COM 5.439
H-J-K 2.596
HONTAI - 2 3.348
K-K-K (KUANTAN- 0.872
KOTAKINABALU)
SURABAYA- 0.390 0.390
BANJARMASIN
B-S 0.613 1.225
B-M-P 0.336 0.336 1.007
A-P-C 1.633 9.795
SEA-ME-WE 2 9.372
M-T & P-S-R 1.653
MALAYSIA DOM. NTH 4.671
& STH
T-V-H 2.187 6.562
APCN 2.126 2.126 19.136
J-S (JAKARTA - 1.248
SURABAYA)
JASURAUS 2.082
- -------------------------------------------------------------------------------
0.000 0.949 2.462 0.390 1.633 2.187 2.126 100.000
- -------------------------------------------------------------------------------
<PAGE>
SCHEDULE E4
Page 3 of 3 Issue 50
Jul - Sep 1998
DEPOT COST ALLOCATION TO MAINTENANCE AUTHORITIES
SCDPL OPERATED FACILITIES
BILLING PARTIES %
TOTAL STORAGE SPACE
OCCUPIED
<TABLE>
<CAPTION>
SCHEDULED CABLE cuff % SINGTEL TM INDOSAT CAT SLT VSNL OPT HKTI FLAG KDD ITDC TELSTAR
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE-A 2,329 1.345
SEA-ME-WE-B 3,987 2.302
SEA-ME-WE-C 5,451 3.148
S-H-T-A 3,830 2.212 2.212
S-H-T-B 10,687 6.171 6.171
S-H-T-A/A-I-S 11,418 6.593 0.824 1.648 3.297 0.824
A-I-S 7,749 4.474 1.119 2.236 1.119
M-S-T 0 0.000 0.000 0.000 0.000
FLAG 7,549 4.359 4.359
10COM 9,419 5.439 5.439
H-J-K 4,495 2.596 2.596
HONTAI - 2 5,798 3.348 3.348 1.674
K-K-K (KUANTAN- 1,510 0.872 0.872
KOTAKINABALU)
SURABAYA- 676 0.390
BANJARMASIN
B-S 2,121 1.225 0.612
B-M-P 1,744 1.007 1.007
A-P-C 16,964 9.795 9.795 1.633
SEA-ME-WE 2 16,231 9.372
M-T & P-S-R 2,863 1.653 0.109 1.544
MALAYSIA DOM. NTH 8,090 4.671 4.671 9.372
& STH
T-V-H 11,364 6.562 2.188 2.187
APCN 33,143 19.136 19.136
J-S (JAKARTA - 2,161 1.248 1.248
SURABAYA)
JASURAUS 3,605 2.082 1.041
- -----------------------------------------------------------------------------------------------------------------------------------
173,184 100.000 31.486 12.098 6.173 3.732 0.000 0.000 0.000 0.000 19.811 4.359 0.000 0.000
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
SMW PT
SCHEDULED CABLE CBP JTB PLDT TELKOM IDC VNPT KT TOTAL
SEA-ME-WE-A 1.345 1.345
SEA-ME-WE-B 2.302 2.302
SEA-ME-WE-C 3.148 3.148
S-H-T-A 2.212
S-H-T-B 6.171
S-H-T-A/A-I-S 6.593
A-I-S 4.474
M-S-T 0.000
FLAG 4.359
10COM 5.439
H-J-K 2.596
HONTAI - 2 3.348
K-K-K (KUANTAN- 0.872
KOTAKINABALU)
SURABAYA- 0.390 0.390
BANJARMASIN
B-S 0.619 1.225
B-M-P 1.007
A-P-C 9.795
SEA-ME-WE 2 9.372
M-T & P-S-R 1.653
MALAYSIA DOM. NTH 4.671
& STH
T-V-H 2.187 6.562
APCN 19.136
J-S (JAKARTA - 1.248
SURABAYA)
JASURAUS 2.082
- --------------------------------------------------------------------------------
2.984 16.167 0.000 0.390 0.000 2.187 0.000 100.000
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE F
PRO-FORMA DOCUMENT OF ACCESSION
This document of accession is made as at the ( ) 19( ) between the
Parties to the South East Asia and Indian Ocean Cable Maintenance Agreement as
listed below and hereinafter referred to as the Parties
and
..............................................
.............................................. (hereinafter referred to as "New
Party" which expression shall include its successors).
WHEREAS:
(a) Under an agreement entitled the "South East Asia and Indian Ocean Cable
Maintenance Agreement" (hereinafter called the 'Agreement') the Parties
thereto agreed to the provision of Cableships and other facilities (as
defined in the Agreement) to repair and maintain certain cable systems in
South East Asia and the Indian Ocean.
(b) Under Clause 18 of the Agreement the Parties thereby agreed to third
parties acceeding to the Agreement.
(c) (New Party) has requested that it may be admitted to the Agreement and to
participate therein as a Maintenance Authority.
(d) The Parties to the Agreement have considered this request and raised no
outstanding objections to the accession of (New Party] to the Agreement
and in consequence wish to sign this Document of Accession on their
behalf.
<PAGE>
SCHEDULE F
NOW IT IS HEREBY AGREED AS FOLLOWS:
1. That in return for the Parties to the Agreement having mutually agreed
that [New Party] may accede to the Agreement as a full participating Party
with certain benefits and obligations, [New Party] agrees that in return
for these benefits that it will observe and be bound by the obligations
contained in the Agreement and by its participation to further the
objectives of the Agreement in the interests of all the Parties therein.
2. [New Party]'s accession to the Agreement shall be effective from the [ ]
day of [ ] 19[ ] and shall continue until the Agreement is
terminated.
3. Certified copies of this executed Document of Accession together with the
revised copies of any Schedules to the Agreement which are amended as a
consequence of the accession, shall be forwarded to all the Parties of the
Agreement.
<PAGE>
SCHEDULE F
ACCORDINGLY it is hereby agreed that (New Party) is admitted as a Party to the
Agreement.
Signed:
For and on behalf of
[New Party - Designation in Full] Attest Date
...................................... ........... ...........
For and on behalf of Attest Date
...................................... ........... ...........
<PAGE>
SCHEDULE G
Page 1 of 8
BASIC CABLESHIP TECHNICAL CRITERIA
1. An outline specification of the C S Cable Enterprise and C S Retriever is
given in this Schedule G.
2. The operational capabilities of both Cableships include the following:
(i) Both vessels are capable of undertaking the repair of all Scheduled
analogue (coaxial) Cables including those of French, Japanese,
American and British manufacture except in the case of American
cable-to-repeater joints.
(ii) Both vessels are capable of undertaking the repair of all optical
fibre Scheduled Cables.
(iii) Both vessels are capable of handling and testing all types of
analogue (coaxial) repeaters and equalisers in use in the
Operational Zone at the effective date of the Agreement including
temperature compensating repeaters, both Cableships being equipped
with a thermally insulated repeater stack which holds powered
repeaters at a stable working temperature.
(iv) Both vessels are capable of handling, powering and testing the
optical fibre Scheduled Cables in the Operational Zone. A list of
basic, common testing and associated equipment is shown in Annex I
to this Schedule G. Each vessel is capable of testing and jointing
of the optical fibre repeaters and cable in the Operational Zone and
each Vessel is equipped to suit the needs of the systems in its
Normal Operational Zone.
(v) The Maintenance Authorities will, unless otherwise agreed, provide
the vessel covering the Normal Operational Zone in which its cable
is listed with the necessary jointing and specialised test
equipment, required by the Maintenance Authority to be carried in
order to maintain its cable, over and above the equipment listed in
Annex 1 to this Schedule G.
(vi) Where the vessel attends an optical fibre Scheduled Cable outside
its Normal Operational Zone and the faulty cable is of the same type
the vessel maintains in its Normal Operational Zone then the
Cableship Operator will request the Maintenance Authority who has
provided the specialised test and jointing equipment relevant to the
two systems for permission to use this equipment on the faulty
cable.
<PAGE>
SCHEDULE G
Page 2 of 8
[Maintenance Authorities are requested to keep the Cableship
Operators informed of any agreements reached between them on the
common sharing of equipment and pooling of spare cable and plant.]
(vii) Both vessels are capable of undertaking shallow and deep-water
repairs and of carrying sufficient quantities of rope, buoys,
grapnels and other associated items normally required for such
repair.
(viii) Both vessels are capable of carrying different types of cables,
repeaters, branching units and coupling tails at any one time for
the Scheduled Cables.
(ix) Both vessels are capable of handling remotely controlled submersible
vehicles (RCSVs).
<PAGE>
SCHEDULE G
Page 3 of 8
Issue Nr. 5
CS Cable Retriever
- ------------------
Place/Year of Build: Kvaerner Masa (Finland)/1997
Country of Registration: Singapore
Gross Tonnage: 11156 (Estimated)
Classification Society: Lloyds Register of Shipping
Net Tonnage: 3346 (Estimated)
Main Particulars
- ----------------
Length Overall: 131.4 m
Breadth: 21.8 m
Draught (fully loaded): 6.5 m
Maximum Speed: 16 knots
Economic Cruising Speed: 12 knots
Endurance: 42 days
Range: 12 000 miles
Fuel Consumption: @ 16 knots 32 tonnes/day
@ 12 knots 15.5 tonnes/day
on cablework 8.5 tonnes/day
In port 3.2 tonnes/day
Deadweight: 4800tonnes
Deck Equipment: 50 tonne SWL (sea state 5) A frame.
Two 10 tonne SWL buoy/stores crane aft
(4 tonnes to 18.5m).
Two 2 tonne SWL stores cranes forward.
One 2 tonne SWL repeater loading crane
midships.
Navigation Equipment: Full suites of duplicated
modem navigational, shallow water and
deep water bathymetry recording and
radio equipment are installed and
upgraded to ensure state of the art
performance; including DGPS and SATCOM
facilities.
Dynamic Positioning System: Duplex Cegelec 9002 with multiple-position
reference.
Complement during Operation: 60
<PAGE>
SCHEDULE G
Page 4 of 8
Issue Nr. 5
Accommodation: 80 officers, crew and representatives
Main Cable Handling Facilities
- ------------------------------
Number of Cable Tanks: 3
Diameter of cable Tanks: 1 = 11 m 2 = 11m 3 = 10m
Cable Storage per tank: 1 = 484m 2 = 484m 3 = 393m
Total Cable Storage Volume: 1361 metres
Tank depth: 5.5 metres
Max. cable deadweight 1 = 750 tonnes 2 = 750 tonnes 3 = 600 tonnes
Max. permissible cable load: 1 = 880 tonnes 2 = 880 tonnes 3 = 715 tonnes
Two 4m diameter electrically driven cable drums with fixed angle fleeting rings
plus fleeting knives having a maximum pull of 40 tonnes @ 1 knot.
Two 4m diameter stem sheaves each with a read width of 1.15m
Three 1.5m radius fully conforming whiskers.
Four pair DO/HB unit, with a hydraulically activated traversing cable deflector.
Two deck head mounted single wheel pair cable transporters capable of traversing
onto either cable line.
One portable two wheel pair transporter.
Repeater and Branching Unit storage/handling facilities.
Air conditioned jointing space.
Machinery
- ---------
Main Engine Power: 3 x 3645 kw
Auxiliary Engine Power: 2 x 975 kw
Maximum Shaft Power: 5300 kw
Bow Thrusters: 1 x 2000 kw (steerable)
2 x 900 kw (tunnel)
Stern Thrusters: 2 x 900 kw (tunnel)
<PAGE>
SCHEDULE G
Page 5 of 8
Issue Nr. 5
Power Plant/Power Feed
- ----------------------
Equipment
- ---------
DC Testing Equipment
Model: Power Nova R100N
OTDR
Quantity & Model: 2 x HP 4310A
Protective Grounding Unit
Model: CWM
UJ Jointing Equipment
Types/Models: 2 sets capable of jointing 2 UJ
qualified cables.
Transmission Equipment: None owned by CWM
Qualification of Operational Personnel
DC testing: Trained cable engineers
Optical testing: Trained cable engineers
Tranmission testing: Cable engineers trained in principles of
transmission testing and system specific
training where courses are provided by
stem owners.
PGU: Trained jointers and cable engineers
Qualifications of Jointing
Personnel: Full UJ training
<PAGE>
SCHEDULE G
Page 6 of 8
Issue Nr. 5
C.S ASEAN RESTORER
- ------------------
CABLE MAINTENANCE VESSEL
CLASSIFICATION Lloyds Register of Shipping +100 A1,
LMC, UMS, DP (AM)
PORT OF REGISTRY Singapore
BUILDERS KVAERNER MASA (Finland)
YEAR BUILT 1994
CALL SIGN 9VFU
NET TONNAGE 3346
GROSS TONNAGE 11156
LENGTH OVERALL 131.4m
BREADTH MOULDED 21.8m
DEPTH MOULDED 11.5m
SUMMER LOAD DRAUGHT 6.5m
DISPLACEMENT 11081
DEADWEIGHT 4800 Tonnes
MAXIMUM AIR DRAFT 32.5m
MAIN PROPULSION Diesel Electric Single Screw
MAXIMUM SHAFT POWER 5300kw
BUNKER CAPACITY 1000 Tonnes M.D.O.
SPEED AND ESTIMATED CONSUMPTION:
MAXIMUM SPEED 16 KNOTS 32 Tonnes/Day
NORMAL CRUISING 12 KNOTS 15.5 Tonnes/Day
ON CABLE OPERATIONS 8.5 Tonnes/Day
IN PORT 3.2 Tonnes/Day
ENDURANCE 42 Days
BOW THRUSTERS:-
THREE FWD 1 White Gill & 2 Tunnel Thrusters
TWO AFT 2 Tunnel Thrusters
CABLE CAPACITY:-
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE G
Page 7 of 8
Issue Nr. 5
TOTAL VOLUME 1361 cu m.
MAXIMUM LOAD PER TANK (1) 750, (2) 750, (3) 600
CABLE HANDLING MACHINERY - AFT
TWO CABLE DRUMS:
DIAMETER 4 METRES
WIDTH 1 METRE
MAXIMUM LIFTING CAPACITY 40 TON F @ B 1.0 KNOT
MAX SPEEDS/LIFTS 6.6K
HAUL OFF/HOLD BACK ARRANGEMENTS:-
2 X FOUR WHEELPAIR LINEAR CABLE ENGINES
INSTRUMENTATION:-
DOWTY MEASURING EQUIPMENT & ABB SELMA FOR
DATA LOGGING (EXEL FORMAT)
STERN SHEAVES:-
DIAMETER 4.0 METRES
WIDTH 1.2 METRES
WISKERS DIAMETER 3.0 METRES
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE G
Annex 1
Page 8 of 8
COMMON TESTING AND ASSOCIATED EQUIPMENT
FOR MAINTAINING OPTICAL FIBRE CABLE SYSTEMS
POWER FEED EQUIPMENT
- --------------------
Power Feed Suite (maximum rating l2kv, 2.0 amps) complete with Dummy Load. High
Voltage Patch Panel.
DC TEST EQUIPMENT
- -----------------
DC Test Set
HV Megohmmeter
OPTICAL TEST EQUIPMENT
- ----------------------
OTDR (Backscatter Set)
Stabilised Light Sources
Optical Power Meter and Sensors
Bit Error Ratio Test Set
Optical Attenuator
ASSOCIATED EQUIPMENT
- --------------------
Low Votage, 2 Amps Power Supply Unit
Line Current Trip Unit, 2 Amp capability
Short Circuit Box, 2 Amp Capability
Fibre Optic Test Leads
Optical Test Lead Patch Panel
Cable Terminating Cubicle
<PAGE>
SCHEDULE H
MANAGEMENT COMMITTEE - TERMS OF REFERENCE
1. The Maintenance Authorities have agreed to set up a Management Committee
to assist mutual cooperation and to ensure the efficient management of all
operations required by the Agreement.
2. Each and every Maintenance Authority shall have one representative on the
Management Committee.
3. Meetings of the Management Committee shall be held as necessary but at a
time and place convenient to the majority of Maintenance Authorities.
4. Meetings of the Management Committee may be convened at the discretion of
the chairman and additionally shall be convened by the chairman when
requested to do so by one or more representatives whose voting rights as
outlined in para 6 herein total at least five (5) percent of the total of
the voting rights or by any four (4) or more representatives regardless of
their parties' voting rights. The chairman shall, in normal circumstances,
give at least forty five (45) days' notice to all representatives of the
convening of a meeting of the Management Committee and, at that time,
shall furnish a proposed agenda therefore but may in other circumstances
give notice of less than forty five (45) days.
5. The quorum for any meeting shall be at least fifty percent of the
representatives " who represent at least three-quarters of weighted votes
(as defined in 6 below), such quorum to be maintained throughout the
meeting.
<PAGE>
6. Each representative shall be entitled to vote on the basis of the
percentage of "Liability for Payment" for each Maintenance Authority as
shown in Schedule D2 Page 4 of the Agreement. A representative may attend
meetings and vote as necessary on behalf of more than one Maintenance
Authority providing advance notice to this effect is provided to the
chairman by the Maintenance Authorities being represented.
7. The chairman shall be elected by a simple majority of the representatives
present and voting at a meeting, such chairman to serve thereafter until
the next meeting.
8. (a) All decisions except those concerning use of Cableships pursuant to
Clause 6 shall be taken by the Management Committee during its
meetings or by correspondence as appropriate on the basis outlined
in (b) and (c) below.
(b) The Management Committee shall endeavour to take decisions
unanimously. However, it if fails to reach unanimous agreement, it
shall take decision as follows:
(i) on all. substantive questions, either by an affirmative vote
cast by at least four representatives having at least
three-quarters of the total voting participation of all
Parties represented on the Management Committee or else by an
affirmative vote cast by at least the total number of
representatives minus three, regardless of the amount of
voting participation they represent. A representative
representing more than one Maintenance Authority shall cast
separately the vote to which each such Maintenance Authority
is entitled.
(ii) on all procedural questions, by an affirmative vote
representing a simple majority of representatives present and
voting, each having one vote.
<PAGE>
(c) The chairman shall adjudicate on whether a question is
procedural or substantive.
9. If a Management Committee decision has to be taken before a meeting can be
held, the chairman shall consult by telephone or telex with as many of the
representatives as practicable (and approach not less than three-quarters
of the representatives) and request the said representatives to make and
confirm their views by telex. Any decision shall be taken in accordance
with Paragraph 8 above.
10. To assist it in the performance of the duties assigned to it hereunder,
the Management Committee shall be at liberty to set up any sub-committee
or working party as it sees fit and necessary. Membership and terms of
reference of such sub-committee or working party shall be decided by the
Management Committee. Such sub-committee or working party shall elect a
chairman from among participating representatives at each meeting, who
shall report and make recommendations on its behalf to the Management
Committee.
11. All major activities of any sub-committee or working party in accordance
with its terms of reference and all recommendations to the Management
Committee shall first be agreed by consensus. If they cannot reach a
decision they shall refer the matter to the Management Committee.
12. The Management Committee shall have particular responsibility for the
following aspects of the Agreement:
(a) To ensure that each Cableship is appropriately assigned for the
purpose of the Agreement and in particular to inform the Parties of
the location of additional or substitute ships while Cableships are
unavailable or are permanently or temporarily removed from the
operation of the Agreement for any reasons.
<PAGE>
(b) To approve any application or permission by any Party as required or
permitted by the Agreement.
(c) To advise Parties on any difficulties experienced in maintaining
Scheduled Cables.
(d) To discuss and make recommendations for the standardization of
repair techniques and the development of new techniques.
(e) To approve exceptions and additions to the list of Basic Cableship
Technical Criteria given in Schedule G.
(f) To make recommendations on the eligibility of any entity that wishes
to become a Party.
(g) To appoint a Party to be responsible for the preparation, revision
and distribution of Schedules pursuant to Clause 13 and to review as
necessary and approve the said Schedules.
(h) To appoint a Party to notify all the Parties each week of relevant
ship movements.
(i) To monitor the working of this Agreement and to make recommendations
to the Parties of suggested amendments to this Agreement.
13. Recognising that provisions within the Agreement require that certain
decisions, requests or approvals often need to be speedily dealt with by
the Management Committee, it is agreed that in respect of provisions
specifically referencing the Management Committee the elected chairman
handle all communication and correspondence with the Facility Providers
unless otherwise agreed by the Management Committee. Where reference is
made to Maintenance Authorities this requirement does not apply.
14. All expenses incurred by each Party in connection with the Management
Committee shall be for the respective Party's own account.
<PAGE>
SCHEDULE I
PREVIOUS CABLESHIP AND DEPOT AGREEMENTS
(A) PREVIOUS CABLESHIP AGREEMENTS
1. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of the Kuantan - Kuching Cable System between
Cable and Wireless Public Limited Company and Jabatan Telekom Malaysia
dated 2nd day of February 1985.
2. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of the Medan-Penang Cable System between Cable
and Wireless Public Limited Company and the P.T. Indonesian Satellite
Corporation and Jabatan Telekom, Malaysia dated 21st day of October,
1983.
3. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of the Medan-Singapore Cable System (Segment A
of the SEA-ME-WE Cable System) between Cable and Wireless Public Limited
Company and The Telecommunication Authority of Singapore and the P.T.
Indonesian Satellite Corporation dated 29th day of June, 1984.
4. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of The (10COM) Madras-Penang Cable System
between Cable and Wireless Public Limited Company and the Overseas
Communications Service of the Government of India and Jabatan Telekom
Malaysia dated 2nd day of July 1983.
5. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of The ASEAN Malaysia-Singapore-Thailand Cable
System between Cable and Wireless Public Limited Company and Jabatan
Telekom Malaysia and the Telecommunication Authority of Singapore and the
Communications Authority of Thailand dated 17th day of August 1982.
<PAGE>
6. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of Taiwan-Guam Cable between Cable and Wireless
Public Limited Company and International Telecommunications Administration
dated 2nd day of April 1982.
7. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of Taiwan-Luzon Cable between Cable and
Wireless Limited and Eastern Telecommunications Philippines Incorporated
and International Telecommunication Development Corporation dated 18th day
of June, 1980.
8. Agreement for the use of Cableship, Recorder or suitable substitute vessel
for repair and maintenance of the ASEAN Indonesia-Singapore Cable between
Cable and Wireless Limited and Perusahaan Umam Telekomunikasi and the
Telecommunication Authority of Singapore dated 21st day of July 1980.
9. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of the ASEAN Philippine-Singapore Cable between
Cable and Wireless Limited and the Telecommunication Authority of
Singapore dated 20th day of May 1978.
10. Agreement for the use of Cableship Recorder or suitable substitute vessel
for repair and maintenance of the Okinawa-Luzon-Hong Kong Cable among
Cable and Wireless Limited, Eastern Telecommunications Philippines
Incorporated and Kokusai Denshin Denwa Co. Ltd dated 18th day of
September 1978.
11. Memorandum - SEACOM Maintenance - Post-CTFA Cableship and Depot
Operational/Financial Arrangements, dated 21st day of June 1983.
<PAGE>
(B) PREVIOUS CABLE DEPOT AGREEMENTS
1. Agreement for the use of the Cable and Wireless PLC Singapore Cable Depot
for the Storage of Spare Submersible Plant for the Medan-Penang Cable
System between Cable and Wireless Public Limited Company and The PT
Indonesian Satellite Corporation and Jabatan Telekom. Malaysia dated 21st
day of October, 1983.
2. Agreement for the use of the Cable and Wireless PLC Singapore Cable Depot
for the storage of Spare Submersible Plant for the Kuantan Kuching Cable
System between Cable and Wireless Public Limited Company and Jabatan
Telekom, Malaysia dated 20th day of December 1983.
3. Agreement for the use of the Cable and Wireless PLC Singapore Cable Depot
for the Storage of Spare Submersible Plant for the Medau-Singapore Cable
System (Segment A of the SEA-ME-WE Cable System) between Cable and
Wireless Public Limited Company and The Telecommunication Authority of
Singapore and The PT Indonesian Satellite Corporation dated 29th day of
June, 1984.
4. Agreement for the use of the Cable and Wireless Public Limited Company
Singapore Cable Depot for the Storage of Spare Submersible Plant for the
ASEAN Malaysia - Singapore - Thailand Cable System between Cable and
Wireless Public Limited Company and Jabatan Telekom. Malaysia and The
Telecommunication Authority of Singapore and The Communications Authority
of Thailand dated 17th day of August, 1982.
5. Agreement for the use of the Cable and Wireless Limited Singapore Cable
Depot for the Storage of Spare Submersible Plant for the ASEAN Indonesia -
Singapore Cable between Cable and Wireless Limited and Perusahaan Umum
Telekomunikasi and The Telecommunication Authority of Singapore dated 21st
day of July, 1980.
<PAGE>
6. Agreement for the use of the Cable and Wireless Limited Singapore Cable
Depot for the Storage of the Spare Submersible Plant for the Taiwan -
Luzon Cable between Cable and Wireless Limited and Eastern
Telecommunications Philippines Incorporated and International
Telecommunication Development Corporation.
7. Agreement for the use of the Cable and Wireless PLC Singapore Cable Depot
for the Storage of Spare Submersible Plant for the (10COM) Madras - Penang
Cable System dated 2nd day of July, 1983.
8. Agreement for the use of the Cable and Wireless Limited Singapore Cable
Depot for the Storage of Spare Submersible Plant for the ASEAN Philippines
- Singapore Cable between Cable and Wireless Limited and Eastern
Telecommunications Philippines Incorporated and the Telecommunication
Authority of Singapore dated 29th day of May, 1978.
9. Memorandum - SEACOM Maintenance - Post-CTFA Cableship, and Depot
Operational/Financial Arrangements dated 21st day of June, 1983.
<PAGE>
SCHEDULE J
Batangas Depot
Date: 30th Sept. 1995
Batangas Cable Depot
Technical Criteria
1. Offshore Facilities
Basin; depth 1 Om at MLLW, berthing via three breasting dolphins with access by
walkway and loading platform. Mooring via inshore dolphin and offshore buoy.
Cable Loading via finger pier and roller span. Pier access via walkway or
mezzanine level of tank house.
2. Tanks and Tank House
12 Steel tanks with cones and bellmouths (Hydrometry facilities on request).
Tank dimensions:
Outside Cone Coiling Volume Volume per
Diameter Diameter Height (Total) Foot Height
33ft 10ft 13ft 10 100 cu ft 777 cu ft
One two pair wheeled and two one pair wheeled hydraulic cable transporters, with
roller boxes for distribution of cables from tank to tank and tank to pier.
Mezzanine floor to facilitate rapid deployment of transporters and roller boxes,
also permits easy access to cable ends for testing, along with safe stowage of
in-line housings and cable bights. Access door and hoist beam permits lifting
(SWL 5 tons) between mezzanine and exterior yard.
Uncoiled repeater tail storage facility.
Emergency water tank.
Contractors toilet.
3. Office, Store and Test Block
An air-conditioned single storey building, 65ft by 60ft, containing over-night
<PAGE>
accommodation (loft over), office, office/mess-room, male and female washing and
toilet facilities, repeater and plant store, test room and electrical plant
room.
4. Misc.
Flammable goods store, Lean-to/buoy store, 31 0 kW standby diesel generator,
guard house with 24 hour manning.
Shore Protection (Revetment)
<PAGE>
Schedule L
Page 1 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 20
Date: 9 December 1998
ADMINISTRATION: ASEAN Cableship Pte Ltd.
Mailing Address: 151 Chin Swee Road
#11-01/10 Manhattan House
Singapore 169876
MANAGEMENT COMMITTEE
NOMINATED REPRESENTATIVE: Mr. Allan Wong
Telephone Number. Office: 65-835-2996 HOME: 65-469-4645
Mobile: 65-9630-0063
Telex Number: RS 50516 ACPLAB
Facsimile Number: 65-835-2297
E-Mail: [email protected]
MAINTENANCE CONTACT: (1) Anthony Wong
Telephone Number: Office: 65-835-2996 HOME: 65-274-7693
Mobile: 65-9755-5573
Telex Number RS 50516 ACPLAB
Facsimile Number: 65-835-2297
E-Mail: [email protected]
(2) Mr. Joshua Lee
Telephone Number: Office: 65-835-2996 HOME: 65-787-1968
Telex Number: RS 50516 ACPLAB
Facsimile Number: 65-786-1447
FINANCE CONTACT: Mr. Chia Siang-Chen
Telephone Number: Office: 65-835-2996 HOME: 65-286-8017
Telex Number: RS 50516 ACPLAB
E-Mail [email protected]
- --------------------------------------------------------------------------------
<PAGE>
Schedule L
Page 2 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 10
Date: 20 November 1998
ADMINISTRATION: Communications Authority of Thailand (CAT)
Mailing Address: Submarine Cable Department
99 Chaeng Watthana Road,
Bangkok 10002
Thailand
Email Address:
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Pongsuk Potisid
Telephone Number: Office: 66-2-574-4593 HOME: 66-2-589-8598
Telex Number 70032
Facsimile Number 66-2-573-3702 or 66-2-573-5476
ALTERNATIVE NAME: Mr. Tosporn Simtrakan
Telephone Number: OFFICE: 66-2-574-4593 HOME: 66-2-591-5193
Telex Number 70032
Facsimile Number: 66-2-573-3702 or 66-2-573-5476
Email Address: [email protected]
FINANCE CONTACT: Senior Director of Submarine Cable Department
Mailing Address (If
different): Communications Authority of Thailand (CAT)
Submarine Cable Department
99 Chaeng Watthana Road.
Thung Song Hong, Laksi
Bangkok 10002
Thailand
Telephone Number: OFFICE: 66-2-573-6037 HOME: 66-2-574-4952
Facsimile Number: 66-2-573-3702 or 66-2-573-5476
<PAGE>
Schedule L
Page 3 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 18
Date: 20 October 1998
ADMINISTRATION: Cable & Wireless Global Marine
Mailing Address: East Saxon House
27 Duke Street
Chemlsford
Essex, CM1 1HT
England
Email Address:
NOMINATED RESENTATIVE: Mr. John Walters
Telephone Number: OFFICE: 44-1245-702187 HOME: 44-1245-460262
Facsimile Number: 44-1245-702218/702120
Mobile: 44-468-793325
E-Mail: [email protected]
ALTERNATIVE NAME: Mr. John Overry
Telephone Number: OFFICE: 44-1245-702095 HOME: 44-1322-704221
Facsimile Number: 44-1245-702218/702120
Mobile: 44-385-977297
E-mail: [email protected]
MAINTENANCE CONTACT: Mr. John Walters
Mailing Address (If
different): -
Telephone Number: OFFICE: 44-1245-702187 HOME: 44-1245-460262
Facsimile Number: 44-1245-70221/702120
Mobile: 44-4768-793325
E-Mail: [email protected]
FINANCE CONTACT: Ms. Jane Casement
Mailing Address (If
different): -
Telephone Number: OFFICE: 44-1245-702030 HOME:
Facsimile Number: 44-1245-703045
E-Mail: [email protected]
<PAGE>
Schedule L
Page 4 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 14
Date: 30 November 1998
ADMINISTRATION: Eastern Telecommunications Philippines, Inc.
Mailing Address: Telecoms Plaza
316 Sen Gil Puyat Avenue
Salcedo Village
Makati, Metro Manila
Philippines
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Nick B. Cruz
Telephone Number: OFFICE: 63-2-816-0001 HOME: 63-2-922-2887
Telex Number:
Facsimile Number: 63-2-815-4852
ALTERNATIVE NAME: Mr. Henry T. Galingan
Mailing Address: TELICPHIL
3rd Floor, RCPI Annex Building
Denver St., Cubao
Quezon City
Philippines ZIP 1109 QC
Telephone Number: OFFICE: 63-2-412-9215 HOME: 63-2-801-4443
Facsimile Number: 63-2-412-9276
MAINTENANCE CONTACT: Mr. Cyril R. Avila
Mailing Address (If
different): TelicPhil (as above)
Telephone Number: OFFICE: 63-2-412-9215 HOME: 63-2-912-2191
Facsimile Number: 63-2-412-9276
FINANCE CONTACT: Mr. Rodolfo C. Bello
Mailing Address (If
different): TELICPHIL
3rd Floor, RCPI Annex Building
Denver St., Cubao
Quezon City
Philippines ZIP 1109 QC
Telephone Number: OFFICE: 63-2-412-9215 HOME:
Facsimile Number: 63-2-412-9276
<PAGE>
Schedule L
Page 5 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 4
Date: 28 Sept 98
ADMINISTRATION: FLAG Limited
Mailing Address: FLAG Limited
(Dubai Branch)
Al Masaood Building (7th Floor)
Al Maktoum Road
P0 Box 30440
Dubai
UAE
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. William Greenwood
Telephone Number: OFFICE: 971-4-271888 HOME: 971 4-551403
Facsimile Number: 971-4-288686
Mobile: 971-50-6558124
E-mail Address: [email protected]
ALTERNATIVE NAME: Mr. Lonnie Hagadorn
Telephone Number: OFFICE: 1-732-381-9616 HOME: 1-732-381-6570
Facsimile Number: 1-206-374-6084
Mobile: 1-908-693-2821
E-mail Address: [email protected]
MAINTENANCE CONTACT: Mr. William Greenwood
Contact details as above
FINANCE CONTACT: Mr. William Greenwood
Contact details as above
<PAGE>
Schedule L
Page 6 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 18
Date: 30 November 1998
ADMINISTRATION: Hong Kong Telecom International Limited
Mailing Address: 3/F Telecom House
3 Gloucester Road
Hong Kong
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. C.Y. Ng
Telephone Number: OFFICE: 852-2888-1685 HOME:852-2881-7731
Facsimile Number: 852-2824-3885
E-mail Address: [email protected]
ALTERNATIVE NAME: Mr. M.F. Fung
Telephone Number: OFFICE: 852-2883-5104 HOME:852-2884-1310
Facsimile Number: 852-2802-8266
E-mail Address: [email protected]
MAINTENANCE CONTACT: Mr. M.F. Fung
Mailing Address (If
different): -
Telephone Number: OFFICE: 852-2883-5104 HOME:852-2884-1310
Facsimile Number: 852-2802-8266
FINANCE CONTACT: Mr. Burnley Lam
Mailing Address (If
different): -
Telephone Number: OFFICE: 852-2888-6845 HOME: -
Facsimile Number: 852-2856-1693
E-mail Address: [email protected]
<PAGE>
Schedule L
Page 7 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 16
Date: 23 November 1998
ADMINISTRATION: International Digital Telecommunications, Inc.
Mailing Address: 5-20-8 Asakusabashi
Taito-Ku, Tokyo 111-8061
Japan
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Katsuhiro Okada
Telephone Number: OFFICE: 81-3-5820-5063 HOME: 81-43-236-5129
Telex Number: 2655 252 IDC SB
Facsimile Number: 81-3-5820-5380
E-Mail Address: [email protected]
ALTERNATIVE NAME: Mr. Noboru Ofuku
Telephone Number: OFFICE: 81-3-5820-5170 HOME:
Telex Number: 2655 252 IDC SB
Facsimile Number: 81-3-5820-5380
E-Mail Address: [email protected]
MAINTENANCE CONTACT: Mr. Noboru Ofuku
Mailing Address (If
different): -
Telephone Number OFFICE: 81-3-5820-5170 HOME:
Telex Number: 2655 252 IDC SB
E-Mail Address: [email protected]
FINANCE CONTACT: Mr. Akihiro Mon
Mailing Address (If
different): -
Telephone Number: OFFICE: 81-3-5820-5095 HOME:
Telex Number: 2425 667 IDC TYO
Facsimile Number: 81-3-5820-5364
E-Mail Address: [email protected]
<PAGE>
Schedule L
Page 8 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 12
Date: 9 December 1998
ADMINISTRATION: International Telecommunication Development
Corporation
Mailing Address: 31 Aikuo East Road
Taipei
Taiwan
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. C.W. Shen
Telephone Number: OFFICE: 886-2-2344-3700 HOME: 886-2-2705-7161
Facsimile Number: 886-2-2312-2235
Facsimile Check Number: 886-2-2344-3708
E-Mail Address: [email protected]
ALTERNATIVE NAME: Mr. C.L. Chen
Telephone Number: OFFICE: 886-2-2344-3702 HOME: 886-2-2832-0355
Facsimile Number: 886-2-2312-2235
E-Mail Address: [email protected]
MAINTENANCE CONTACT:
Mailing Address (If
different): -
Telephone Number: OFFICE: 886-2-2344-3710 HOME: 886-2-2835-0530
Facsimile Number: 886-2-2344-2654
E-Mail Address: [email protected]
FINANCE CONTACT: Ms. C.C. Wu
Mailing Address (If
different): -
Telephone Number: OFFICE: 886-2-2344-3912 HOME: 886-2-2921-5529
Facsimile Number: 886-2-2396-6141
E-Mail Address: [email protected]
<PAGE>
Schedule L
Page 9 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 12
Date: 24 October 1997
ADMINISTRATION: Jabatan Telekom of Brunei Darussalam (JTB)
Mailing Address: Jabatan Telekom of Brunei Darussalam
1st Floor, Ministry of Communications Building
Old Airport Site, Berakas 2051
Bandar Sen Begawan
Brunei Darussalam
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Peter Chin Chuang Vui
Telephone Number: OFFICE: 673-2-382382 HOME: 673-2-261133
Telex Number: BU 2280
Facsimile Number/Facsimile
Check Number: 673-2-383-100
ALTERNATIVE NAME: Mr. Mohd Riza DP HJ Mohd Yunus
Telephone Number: OFFICE: 673-2-234234 HOME: 673-2-339338
Facsimile Number: 673-2-237257
MAINTENANCE CONTACT: Mr. Mohd Riza DP HJ Mohd Yunus
Mailing Address (If
different): -
Telephone Number: OFFICE: 673-2-234234 HOME: 673-2-339338
Telex Number: BU 2280
Facsimile Number: 673-2-237257
E-Mail Address: [email protected]
FINANCE CONTACT: Mr. DK Sahanisah P.H. Metali
Mailing Address (If
different): Corporate Services Section
1st Floor, Ministry of Communications Building
Old Airport Site, Berakas 2051
Bandar Sen Begawan
Brunei Darussalam
Telephone Number: OFFICE: 673-2-382382 HOME: 673-2-344141
Telex Number: BU 2280
Facsimile Number: 673-2-382547
E-Mail Address: -
<PAGE>
Schedule L
Page 10 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 16
Date: 9 December 1998
ADMINISTRATION: KDD Corporation
Mailing Address: Undersea Cable Management Department
Network Headquarters
3-2, Nishi-shinjuku 2-chome Shinjuku-Ku
Tokyo 163-8003
Japan
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Hiroharu Wakabayashi
Telephone Number: OFFICE: 81-3-3347-7430 HOME: 81-44-977-7468
Telex Number: J22500 KDD TOKYO
Facsimile Number: 81-3-3347-5287
E-Mail Address: [email protected]
ALTERNATIVE NAME: Mr. Itsuo Hiratsuka
Telephone Number: OFFICE: 81-3-3347-5676 HOME: 81-42-921-2837
Mobile: 81-90-2558-7385
Telex Number: J22500 KDD TOKYO
Facsimile Number: 81-3-3347-5287
E-Mail Address: [email protected]
MAINTENANCE CONTACT: Mr. Takaaki Anraku
Mailing Address (If
different): -
Telephone Number: OFFICE: 81-3-3347-7374 HOME: 81-3-5313-4751
Mobile: 81-90-2558-1053
Telex Number: J22500 KDD TOKYO
Facsimile Number: 81-3-3347-5287
E-Mail Address: [email protected]
FINANCE CONTACT: Mr. Junji Hasegawa
Mailing Address (If
different): -
Telephone Number: OFFICE: 81-3-3347-6957 HOME: -
Telex Number: J22500 KDD TOKYO
Facsimile Number: 81-3-3347-6804
E-Mail Address: [email protected]
<PAGE>
Schedule L
Page 11 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 5
Date: 8 April 1998
ADMINISTRATION: Korea Telekom
Mailing Address: 41-1 Jung-Ang Dong
Kwa-Cheon Shi
Kyung-Ki Province, 427-010
Korea
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Sung-Youn Kang
Telephone Number: OFFICE: 82-2-507-7100 HOME: 82-2-414-7585
Facsimile Number: 82-2-507-7115
E-mail Address:
ALTERNATIVE NAME: Mr. Tae-Ho Youn
Telephone Number: OFFICE: 82-2-507-7107 HOME: 82-2-473-4556
Facsimile Number: 82-2-507-7115
E-mail Address: [email protected]
MAINTENANCE CONTACT: Mr. Su-Gyu Cha
Mailing Address (If
different):
Telephone Number: OFFICE: 82-2-507-7107 HOME: 82-335-36-1612
Facsimile Number: 82-2-507-7115 or 82-2-507-7225
E-mail Address: [email protected]
FINANCE CONTACT: Mr. Hwan-Kee Jang
Mailing Address (If
different):
Telephone Number: OFFICE: 82-2-507-7107 HOME: 82-2-948-2061
Telex Number:
Facsimile Number: 82-2-507-7115 or 82-2-507-7225
E-mail Address: [email protected]
<PAGE>
Schedule L
Page 12 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 6
Date: 9th October 1998
ADMINISTRATION: PLDT
Mailing Address: 10th Floor, Makati General Offices Building
Legaspi cor. Dela Rosa Sts.
Makati City,
Philippines
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Renato C. Gendrano
Telephone Number: OFFICE: 63-2-816-8415 HOME: 63-2-823-9595
63-2-817-6018
Facsimile Number: 63-2-810-0844
E-Mail: [email protected]
ALTERNATIVE NAME: Mr. Genaro C. Sanchez
Telephone Number: OFFICE: 63-2-816-8688 HOME: 63-2-807-4519
62-2-819-1297
MAINTENANCE CONTACT: Mr. Raymond S. Relucio
Mailing Address (If
different): Makati General Office, Legaspi Street
Makati, Metro Manila, Philippines
Telephone Number: OFFICE: 63-2-816-8324 HOME: 63-2-724-6156
63-2-819-3767
Telex Number: 14832 PLDT PS
Facsimile Number: 63-2-810-3803
63-2-810-0844
FINANCE CONTACT: Mr. Genaro C. Sanchez
Mailing Address (If
different): Makati General Office, Legaspi Street
Makati, Metro Manila, Philippines
Telephone Number: OFFICE: 63-2-816-8688 HOME: 63-2-807-4519
63-2-819-1297
Facsimile Number: 63-2-813-7869
63-2-810-0844
<PAGE>
Schedule L
Page 13 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 6
Date: 20 November 1998
ADMINISTRATION: PT Telekomunikasi Indonesia
NETWORK DIVISION
Mailing Address: JI. Japati No. 1, 2nd Floor
Bandung 4013
Indonesia
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Bambang Setiawan
Head of Network Division
Telephone Number: OFFICE: 62-22-4522317 HOME: 62-22-6658500
62-21-8841964
Facsimile Number: 62-22-4522321
ALTERNATIVE NAME: Mr. Dodi Sudjani
Deputy of Network Division
Telephone Number: OFFICE: 62-22-4522331 HOME: 62-21-5372222
Facsimile Number: 62-22-4522313
MAINTENANCE CONTACT: Mr. Mustadjab
Head of Maintenance Network Division
Mailing Address (If
different): JI. Japati No. 1, Lantai 2
Bandung 40115
Indonesia
Telephone Number: OFFICE: 62-22-4522112 HOME: 62-22-301673
62-22-4522114
Facsimile Number: 62-22-4522133
FINANCE CONTACT: Mr. M. Sunarto
Head of Finance Network Division
Mailing Address (If
different): JI. Japati No. 1, Lantai 2
Bandung 40133
Indonesia
Telephone Number: OFFICE: 62-22-4522403 HOME: 62-22-2501389
Facsimile Number: 62-22-4522407
<PAGE>
Schedule L
Page 14 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 16
Date: 28 October 1998
ADMINISTRATION: P.T. INDOSAT (PERSERO) Tbk
Mailing Address: Jalan Medan Merdeka Barat No. 21
P.O. Box 2905
Jakarta 10110
Indonesia
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Achmad Rivai
Telephone Number: OFFICE: 62-21-384-4456 HOME: 62-21-860-7943
62-21-386-5742
Telex Number: 73-44383 - 73-46134
Facsimile Number: 62-21-344-0484
E-Mail Address: [email protected]
ALTERNATIVE NAME: Mr. Andi Setiabudi
Telephone Number: OFFICE: 62-21-386-9159 HOME: 62-21-765-3990
Facsimile Number: 62-21-385-7742
E-mail Address: [email protected]
MAINTENANCE CONTACT: Mr. Bambang Subagio
Mailing Address (If
different): Jaoan Parang Tris Raya Kav A5/6
Jakarta 14430
Indonesia
Telephone Number: OFFICE: 62-21-692-3756 HOME: 62-21-452-4441
62-21-386-9751
Facsimile Number: 62-21-691-8107 62-21-692-8383
E-mail Address: [email protected]
FINANCE CONTACT: Mr. Richard Mana
Mailing Address (If
different): -
Telephone Number: OFFICE: 62-21-386-9455 HOME: 62-21-841-1805
Telex Number:
Facsimile Number: 62-21-386-9816
E-Mail Address: [email protected]
<PAGE>
Schedule L
Page 15 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 22
Date: 27 November 1998
ADMINISTRATION: Sembawang Cable Depot Pte Limited
Mailing Address: 2nd Storey Katong Submarine Cable Station
375 Tanjong Katong Road
Singapore 437132
NOMINATED RESENTATIVE: Mr. Koh Boon Poh
Telephone Number: OFFICE: 65-346-3710 HOME: 65-264-2289
Telex Number:
Facsimile Number: 65-440-9316
ALTERNATIVE NAME: Mr. Chua Yeow Hua
Telephone Number: OFFICE: 65-346-3727 HOME: 65-473-3637
Facsimile Number: 65-440-9316
MAINTENANCE CONTACT: Mr. Khoo Teng Soon
Mr. Chua Yeow Hua
Mailing Address (If
different): Sembawang Wharves, PSA
Deptford Road
Singapore 759656
Telephone Number: OFFICE: 65-257-2578 HOME: 65-448-5915
65-346-3727 HOME: 65-473-3637
Telex Number:
Facsimile Number: 65-753-2036
65-440-9316
FINANCE CONTACT: Ms. Kwok Sin Kie
Mailing Address (If
different):
Telephone Number: OFFICE: 65-838-2515 HOME: -
Facsimile Number: 65-440-9316
<PAGE>
Schedule L
Page 16 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 15
Date: 9 December 1998
ADMINISTRATION: Singapore Telecommunications Limited
Mailing Address: 3rd Storey Katong Submarine Cable Station
375 Tanjong Katong Road
Singapore 1543
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Hoh Wing Chee
Telephone Number: OFFICE: 65-838-3718 HOME: 65-471-0037
Telex Number: RS 21246
Facsimile Number: 65-345-2258
E-mail: [email protected]
ALTERNATIVE NAME: Mr. Siew Ying Oak
Telephone Number: OFFICE: 65-346-3700/
345-7713 HOME: 65-782-8783
Facsimile Number: 65-345-2258
E-mail: [email protected]
MAINTENANCE CONTACT: Mr. Ho Soo Hock
Mailing Address (If
different): -
Telephone Number: OFFICE: 65-346-3707/
345-1178 HOME: 65-353-6110
Facsimile Number: 65-345-2258
E-mail: [email protected]
FINANCE CONTACT: Mr. Ho Soo Hock
Mailing Address (If
different):
Telephone Number: OFFICE: 65-346-3707/
345-1178 HOME: 65-353-6110
E-mail: [email protected]
<PAGE>
Schedule L
Page 17 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 2
Date: 13 March 1997
ADMINISTRATION: Societe des Telecommunications Internationales De
Djibouti (Formerly OPT)
Mailing Address: STID
P.O. Box 2031
Djibouti
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Henri Ramirez
Telephone Number: OFFICE: 253 35 33 38 HOME:
Telex Number:
Facsimile Number: 253 35 01 09
ALTERNATIVE NAME: Mr. Abdourahman Mohamed Hassan
Mailing Address (if
different):
Telephone Number: OFFICE: 253 35 59 38 HOME:
Telex Number:
Facsimile Number: 253 35 01 09
MAINTENANCE CONTACT: Mr. Jean Paul Marteau
Mailing Address (If
different):
Telephone Number: OFFICE: 253 35 44 56 HOME:
Telex Number:
Facsimile Number: 253 35 01 09
FINANCE CONTACT:
Mailing Address (If
different):
Telephone Number: OFFICE: HOME:
Telex Number:
<PAGE>
Schedule L
Page 18 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 6
Date: 20th March 96
ADMINISTRATION: OTS Sri Lanka Telecom
Mailing Address: OTS Building
P.O. Box 235
Duke Street
Colombo 1
Sri Lanka
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. K.K. Mahendiran
GM International Services
Telephone Number: OFFICE: 94-1-320163 HOME: 94-1-581486
Telex Number: 803-21110
Facsimile Number/Facsimile
Check Number: 94-1-541414
ALTERNATIVE NAME: Mrs. D.L. Liyanagama
DGM International Transmission
Telephone Number: OFFICE: 94-1-333359 HOME: 94-1-561272
Telex Number: 803-23001
Facsimile Number: OFFICE: 94-1-439569
MAINTENANCE CONTACT: Mr. A.B.D. Amarasinghe
Mailing Address (If
different):
Telephone Number: OFFICE: 94-1-445251 HOME: 91-4-689060
Telex Number: 803-22570
Facsimile Number: 94-1-541414/332867
FINANCE CONTACT: Mrs. H.M.K. Mendis
Mailing Address (If
different):
Telephone Number: OFFICE: 94-1-327039 HOME: 94-1-722217
Telex Number: 803-21110
Facsimile Number: 94-1-541414/332867
<PAGE>
Schedule L
Page 19 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 20
Date: 20 November 1998
ADMINISTRATION: Telekom Malaysia Berhad
Mailing Address: International Network Operations
4th Floor, Block A, Wisma Semanta
Jalan Gelenggang
Damansara Heights,
50490 Kuala Lumpur
Malaysia
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Nik Mohd. Sanusi Nik Mustapha
Telephone Number: OFFICE: 90-3-208-8600 HOME: 60-3-550-4323
MOBILE: 6011-324706
Facsimile Number: 60-3-252-4182
E-Mail Address: [email protected]
ALTERNATIVE NAME: Mr. Umran Othman
Telephone Number: OFFICE: 60-3-208-8503 HOME: 60-3-452-2684
MOBILE: 6011-358108
Facsimile Number: OFFICE: 60-3-252-4182
E-Mail Address: [email protected]
MAINTENANCE CONTACT: Mr. Umran Othman
Mailing Address (If
different): -
Telephone Number: OFFICE: 60-3-208-8503 HOME: 60-3-452-2684
MOBILE: 6011-358108
Facsimile Number: OFFICE: 60-3-252-4182
E-Mail Address: [email protected]
FINANCE CONTACT: Mr. Aman Shah Osman
Mailing Address (If
different): Telekom Malaysia Berhad
International Investment
Finance Controller Division
11th Floor Wisma Telekom
Jalan Pantai Baharu
59200 Kuala Lumpur
Malaysia
Telephone Number: OFFICE: 603-208-3386 HOME: -
Facsimile Number: OFFICE: 603-284-9697
E-Mail Address:
- --------------------------------------------------------------------------------
<PAGE>
Schedule L
Page 20 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 15
Date: 28 October 1998
ADMINISTRATION: Telstra Corporation Limited
General Mail: Courier Delivery:
Addresses: Locked Bag No. 6763 7/363 Oxford Street,
Sydney, Paddinton,
NSW 1100 NSW 2021
Australia Australia
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Geoff Parr
Telephone Number: OFFICE: 61-2-9339-6920 HOME: 61-2-9958-0576
Mobile Number: 61-419-282-106
Telex Number:
Facsimile Number/Facsimile 61-2-9339-6929
Check Number: 61-2-9339-6921
E-Mail Address: [email protected]
ALTERNATIVE NAME: Mr. Ron Beckett
Telephone Number: OFFICE: 61-2-9339-6921 HOME: 61-2-4735-6883
Mobile Number: 61-18-044-753
Facsimile Number: 61-2-9339-6929
E-Mail Address: [email protected]
MAINTENANCE CONTACT: Mr. Geoff Parr
Mailing Address (If
different): -
Telephone Number: OFFICE: 61-2-9339-6920 HOME: 61-2-9958-0576
Facsimile Numbe: 61-2-9339-6929
E-Mail Address: [email protected]
FINANCE CONTACT: Mr. Tom O'Keefe
Mailing Address (If
different): General Mail: Courier Delivery:
Locked Bag 6528 19/122 Castlereagh St.
Sydney NSW 1100 Sydney NSW 2000
Australia Australia
Telephone Number: OFFICE: 61-2-9396-2443 HOME: 61-2-9521-5259
Facsimile Number: 61-2-9261-1125
E-Mail Address: [email protected]
<PAGE>
Schedule L
Page 21 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 10
Date: 9 December 1998
ADMINISTRATION: VNPT
Vietnam Posts and Telecommunications
Mailing Address: 12 Nguyen Chi Thanh Street,
Hanoi
Vietnam
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Ngo De
Mailing Address: 12 Nguyen Chi Thanh Street,
Hanoi
Vietnam
Telephone Number: OFFICE: 84-4-835-6694 HOME: 84-4-835-5940
MOBILE: 90406699
Facsimile Number: 84-4-835-7393
ALTERNATIVE NAME: Mr. Ho Cong Lam
Mailing Address (if
different):
Telephone Number: OFFICE: 84-4-8363994 HOME: -
Facsimile Number: 84-4-841-0017
E-Mail Address: [email protected]
MAINTENANCE CONTACT: Mr. Nguyen Thanh Hai
Telephone Number: OFFICE: 84-4-835-5683 HOME: 84-4-858-8787
Facsimile Number: 84-4-841-0017
E-Mail Address: [email protected]
FINANCE CONTACT:
Telephone Number: OFFICE: 84-4-835-7222 HOME: 84-4-833-3645
Facsimile Number: 84-4-835-7393
<PAGE>
Schedule L
Page 22 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue: 12
Date: 24 July 1998
ADMINISTRATION: Videsh Sanchar Nigam Limited
Mailing Address: Lokmanya Videsh Sanchar Bhavan
Opp. Kirti College,
Kashinath Dhuru Marg
Prabhadevi,
Mumbai - 400 028
India
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE: Mr. Hardev Singh
Telephone Number: OFFICE: 91-22-4154052 HOME: 91-22-2700956
Facsimile Number: 91-22-954321
Check Number: 91-22-4312700
ALTERNATIVE NAME: Mr. D.K. Nimal
Telephone Number: OFFICE: 91-22-262-3608 HOME: 91-22-262-4566
DID Ext 3904
MAINTENANCE CONTACT: Mr. V.S. Seelan
Mailing Address (If
different): -
Telephone Number: OFFICE: 91-21-262-4086 HOME: 91-22-437-9557
Facsimile Number: 91-22-262-4101
Telex Number: 81 11 82429
FINANCE CONTACT: Mr. S.A. Rahim
Mailing Address (If
different): -
Telephone Number: OFFICE: 91-22-262-4020 Ext 2328
HOME: 91-22-262-4020 Ext 3913
Facsimile Number: 91-22-262-4101
Telex Number: 81 11 82429
<PAGE>
Schedule L
Page 23 of 23
REPRESENTATIVES OF THE PARTIES AND
MAILING ADDRESSES AND CONTACTS FOR
FINANCIAL AND MAINTENANCE PURPOSES
Issue:
Date:
ADMINISTRATION:
Mailing Address:
MANAGEMENT COMMITTEE
NOMINATED RESENTATIVE:
Telephone Number: OFFICE: HOME:
Telex Number:
Facsimile Number/Facsimile
Check Number:
ALTERNATIVE NAME:
Telephone Number: OFFICE: HOME:
Facsimile Number:
Telex Number:
MAINTENANCE CONTACT:
Mailing Address (If
different):
Telephone Number: OFFICE: HOME:
Facsimile Number/Facsimile
Check Number:
FINANCE CONTACT:
Mailing Address (If
different):
Telephone Number: OFFICE: HOME:
Telex Number:
Facsimile Number:
<PAGE>
[GRAPHIC]
Registered
London, UK
Flag
British
The CIRRUS vehicles, built by Slingsby Engineering in 1985 is a free swimming
remotely operated vehicle (ROV), capable of burial up to 0.6m at an operating
depth of 1,000m. It is able to carry out a wide range of manipulative tasks
using two SEL TA9 multi-function arms.
CIRRUS has the capability to track cables, using either the TSS340 pipe tracker
or a Slingsby Magnetometer system.
Projects include:
Singapore-Hong Kong-Thailand cable burial & survey
North Pacific Cable Maintenance Agreement
T-V-H post lay burial operations
Hon-Tai 2
<PAGE>
[GRAPHIC]
ASEAN CABLESHIP
Weddelli
Subsea cable & pipe
installation, survey, and
inspection, burial/deburial
<PAGE>
- --------------------------------------------------------------------------------
ROV
Length 335.3 cm (132 inches) overall 523 cm (206 inches) with cable locator
sensors deployed
Width 2O7 cm (81.5 inches)
Height 193 cm (76 inches)
Weight 3,150 kg (6,950 lbs) complete
JETTER SKID
Length 303.5 cm (119.5 inches) 387.4 cm (152.5 inches) with manipulator
supports
Width 207 cm (81.5 inches)
Height 96.5 cm (38 inches)
Weight 4,400 kg (9,680 lbs)
WORK PACKAGE
The work package is designed to assist in cable repair and maintenance, post lay
inspections and re-burial operations. It is equipped with a Simrad nighthawk SIT
Low Light Level Underwater Camera and an Innovatum cable locator system. With
these two sets of equipment, the ROV operator is provided with a clear vision
even in the most remote areas at 2,000 meters below sea level.
The package is also installed with the Schilling TITAN III manipulator,
incorporating state-of-the-art technology. This pair of "arms" is designed
specifically for heavy duty work underwater, such as retriving cables and cable
re-burial operations.
Installed with such a good cable tracking system, a camera that provides clear
vision in the dark, and a pair of strong "arms", the operator is virtually
unhindered by any obstacles when locating cables.
For more information please contact
Marketing Executive:
15 Hoe Chiang Road, #05-01/03,
Euro-Asia Centre, Singapore 089316
Tel: (65) 220-3033 Fax: (65) 221-7002
Telex: RS 50516 ACPLAB
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Weddelli, a cable maintenance Remotely Operated Vehicle (ROV) named after a deep
diving seal, has an umbilical cable of 2,500 meters in length and is able to
operate at a water depth of 2,000 meters.
She is specially built for the purpose of assisting in repair and maintenance of
submarine cables. Her responsibility and role in ACPL has had a tremendous
impact on conventional cable retrieving methods such as the grapnel. Using her
will increase accuracy and speed of operation. Her ability and versatility have
given her the ability to trace and retrieve buried cables normally undertaken by
divers. In addition, she is designed to operate underwater for an indefinite
time period. As for divers, they can only operate underwater for a limited time
period.
Her mobility and flexibility allow her to be deployed on any vessel of
opportunity to carry out subsea missions as required.
Weddelli is manned by the Subsea Unit formed by ACPL's staff who have been
trained professionally and are continually being upgraded to meet customers'
needs.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Bare Vehicle w/100Hp. Depth >30 MSW
Maximum Thrust with operating depth (+/-10%):
Forward 750kg
Reverse 750kg
Lateral 750kg
Vertical 350kg (up), 350 kg (down)
With 2 x 75 Hp Jetter Skid Hydraulics also applied to thrusters, Depth >30 MSW,
Maximum Thrust with operating depth (+/-10%)
Forward 1,100kg
Reverse 1,100kg
Lateral 1,100kg
Vertical 500kg (up), 500 kg (down)
Turning Rate 40 degree p/s minimum
System Payload 50 kg (110 lb) including all standard equipment
Main Hydraulic Power Hydraulic power unit: 100 HP electric motor, 2,300
System VAC, 3-phase, 60 Hz, approx 3,450 RPM, for a total
of 45 GPM (U.S.) at 3,300 psi
Propulsion System Seven hydraulic thrusters:
Four horizontal, Three vertical
Depth Control Automatic to +/- 10 cm over entire system depth
range
Power Source 2,400 VAC, 3-phase, 60 Hz supply to vehicle from
surface power transformer unit. 1,200 VAC, single
phase, 6 KVA for instrumentation and light power; 5
KVA, 240/120 VAC for console power; 30 KVA, 460 KVA
for van power.
Altimeter Mesotech 807 Altimeter
Sensors - Heading Humphrey directional GYRO with fluxgate north
seeking system and heading rate senor.
- Depth High accuracy sensor, Paroscientific Digiquartz
- Pitch and Roll Inclinometer
- --------------------------------------------------------------------------------
<PAGE>
Schedule M
Issue: 4
Date : 4th July 1996
PRIORITY REPAIR ARRANGEMENTS
This Schedule provides procedures pertaining to Priority Repair Arrangements.
In the event of simultaneous cable failures the priority of repair should be
guided by the principle of mutual cooperation between Maintenance Authorities
when electing to invoke Priority Repair Arrangements. The Maintenance
Authorities should recognize circumstances where a small failed system (lower
priority) might be more vital to its owners than the larger failed system and
conditions might exist where the owners of a smaller system may be in isolation
due to the failure.
For the purpose of this Schedule simultaneous cable failures shall be deemed to
have occurred when a written fault notification is received by the Cableship
Operators within 24 hours of a previous written fault notification.
Unless other arrangements are agreed by the Maintenance Authorities involved,
the priority of repair should be in accordance with the procedures set out
below.
Determination and implementation of Priority Factor
1. A Priority Factor (P/F) shall be established for each Scheduled Cable in
accordance with the number of PIOCAUs calculated for the Scheduled Cables.
The Scheduled Cable with the highest number of PIOCAUs will have priority
over the Cableship in the case of a simultaneous cable failure as defined
above.
2. For the purposes of calculating the Priority Factor, unless agreed
otherwise by the Management Committee, all branched sub-segments of a
Scheduled Cable shall be considered as one cable system. Calculation of
the overall PIOCAUs of these cable systems will be based on the individual
sum of each sub-segment's PIOCAUs.
3. If the Priority Factor of the Scheduled Cables is the same, the
Maintenance Authority that calls first for the Cableship is first served.
4. Schedule D2 identifies the Priority Factor for each Scheduled Cable.
5. The Priority Factor will be reviewed at each MC meeting.
<PAGE>
SCHEDULE N
ROV "WEDDELLI"
OWNER ASEAN CABLESHIP PTE LTD
ROVS DIMENSIONS & WEIGHT:
LENGTH 335.3 cm (132 inches)
overall 523 cm (206 inches) with cable locator sensors
deployed
WIDTH 207 cm (81.5 inches)
HEIGHT 193 cm (76 inches)
WEIGHT 3,150 kg (6,950 lb) complete
JETTER SKID'S DIMENSIONS & WEIGHT
LENGTH 303.5 cm (119.5 inches)
387.4 cm (152.5 inches) with manipulator supports
WIDTH 207 cm (81.5 inches)
HEIGHT 96.5 cm (38 inches)
WEIGHT 4,400 kg (9,680 lb)
SYSTEM SPECIFICATIONS:
DEPTH CAPABILITY 2,000 MSW (Bare Vehicle w/100 Hp, Depth > 30 MSW)
MAXIMUM THRUST WITH OPERATION DEPTH (+/- 10%):
FORWARD 750 kg
REVERSE 750 kg
LATERAL 750 kg
VERTICAL 350 kg (up), 360 kg (down)
WITH 2 X 75 HP JETTER SKID HYDRAULICS ALSO APPLIED TO THRUSTERS, DEPTH >30 MSW,
MAXIMUM THRUST WITH OPERATING DEPTH (+/- 10%):
FORWARD 1,100 kg
REVERSE 1,100 kg
LATERAL 1,100 kg
VERTICAL 500 kg (up), 500 kg (down)
<PAGE>
TURNING RATE 40 degree p/s minimum
SYSTEM PAYLOAD 50 kg (110 lb) including all standard equipment
MAIN HYDRAULIC POWER Hydraulic power unit: 100 HP electric motor, 2,300
SYSTEM VAC, 3-phase, 60 Hz, approx. 3,450 RPM, for a total of
45 GPM (US) at 3,300 psi
PROPULSION SYSTEM Seven hydraulic thrusters: Four horizontal, Three
vertical
DEPTH CONTROL Automatic to +/- 10 cm over entire system depth range
POWER SOURCE 2,400 VAC, 3-phase, 60 Hz supply to vehicle from
surface power transformer unit, 1,200 VAC, single
phase, 6 KVA for instrumentation and light power; 5
KVA, 240/120 VAC for console power; 30 KVA, 480 VAC
for van power.
ALTIMETER Mesotech 807 Altimeter
SENSORS HEADING Humphrey directional GYRO with fluxgate north seeking
system and heading rate sensor.
DEPTH High accuracy sensor, Paroscientific Digiquartz
PITCH/ROLL Inclinometer
2
<PAGE>
SCHEDULE P
Issue I (page 1 of 13)
October 1st 1995
ROV STANDING CHARGE ALLOCATION
I. The ROV Standing Charge will be allocated to each Scheduled Cable in
accordance with the ROV cost allocation formula which is defined as
follows:
ROV Accounting Units ("RAUs") = L1 + 0.5L2 + 4B
where:
o L1 = Unburied cable length in water depths between 0-1000 metres.
o L2 = Unburied cable length in water depths between 1000-2000 metres.
o B = Total buried cable length.
2. L1, L2, and B, above, will be adjusted according to the following rules:
(i) Where a Scheduled Cable or part of a Scheduled Cable is 2,000
nautical miles or more from the base port of the Cableship in its
Normal Operating Zone, for the purposes of allocating ROV Standing
Charges, the amount of the Scheduled Cable beyond 2,000 nautical
miles shall be considered half its actual length, and this added to
the cable length within 2,000 nautical miles shall be used in
calculating L1, L2, and B.
(ii) For Scheduled Cables that carry wholly or partially domestic
traffic, the following formula shall apply for RAU calculation
purposes:
Z=Y/2 x X
Where:
o X = Chargeable Sheath Mileage of a Scheduled Cable between landing
points (after adjustment calculated in accordance with para 2(i)
above.
o Y = The ratio of domestic circuits to all used circuits carried on
the Scheduled Cable.
o Z = The discounted section of the Scheduled Cable.
<PAGE>
X - Z is the cable length to be used in the calculation of L1, L2,
and B for determining the allocation of ROV Standing Charges.
3. The attached tables, 'ROV Cost Allocation to Scheduled Cables', shows the
ROV Standing Charge allocation to each Scheduled Cable calculated on the
basis of (1) and (2) above, and the billing and liability for payment
parties for each Scheduled Cable. These tables will be amended as
necessary from time to time.
2
<PAGE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
- -----------------------------------------------------------------------------------
E L1 L2
Chargeable Unburied Chargeable Unburied
Total Sheath Sheath Length L1 Length
Cable System Mileage (NM) Mileage (NM) 0-1000m (NM) 1OOO-2000m
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342 342 342.00 342.00 0.00
SEA-ME-WE 'B' 1420 1420 210.00 210.00 210.00
SEA-ME-WE 'C'* 2336 1410 126.00 72.00 144.00
SIN-HON-TAI 'A' 1617 1617 650.40 650.40 236.10
SIN-HON-TAI 'B' 728 728 270.50 270.50 45.40
A-I-S 'A'* 1850 1122 71.00 43.06 52.00
A-I-S 'B' 539 539 532.90 532.90 0.00
IOCOM 1349 1349 319.64 319.64 148.70
HJK 1082 1082 114.90 114.90 92.11
HONTAI 2 395 395 98.70 98.70 1.80
- -----------------------------------------------------------------------------------
<CAPTION>
- -------------------------------------------------------------------------------------------------------
SCHEDULE P Page 2 of 13
Issue 14
Effective Date 01-Apr-98
- -------------------------------------------------------------------------------------------------------
ROV
Chargeable B Accounting
L2 Buried Chargeable B Units Cost Allocation to each
Cable System (NM) Length (NM) (RAU's) Scheduled Cables (%)
- -------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 0.00 0.00 0.00 342.00 0.902
SEA-ME-WE 'B' 156.00 0.00 0.00 288.00 0.759
SEA-ME-WE 'C'* 78.00 0.00 0.00 111.00 0.293
SIN-HON-TAI 'A' 236.10 110.50 110.50 1210.45 3.192
SIN-HON-TAI 'B' 45.40 120.10 120.10 773.60 2.040
A-I-S 'A'* 31.54 0.00 0.00 58.83 0.155
A-I-S 'B' 0.00 0.00 0.00 532.90 1.405
IOCOM 148.70 82.90 82.90 725.59 1.913
HJK 92.11 30.40 30.40 282.56 0.745
HONTAI 2 1.80 159.20 159.20 736.40 1.942
- -------------------------------------------------------------------------------------------------------
</TABLE>
3
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
- --------------------------------------------------------------------------------------------
E L1 L2
Chargeable Unburied Chargeable Unburied
Total Sheath Sheath Length L1 Length
Cable System Mileage (NM) Mileage (NM) 0-1000m (NM) 1OOO-2000m
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
KUANTAN-KOTAKINABALU* 803 502 244.70 152.98 184.80
- ---------------------------
SURABAYA-BANJARMASIN* 209 105 8.70 4.37 0.00
- ---------------------------
B-S 843 843 106.40 106.40 102.10
- ---------------------------
B-M-P B1 126 126 13.50 13.80 41.15
- ---------------------------
B-M-P B2 85 85 26.07 26.07 7.05
- ---------------------------
B-M-P B3 607 607 30.59 30.59 252.51
- ---------------------------
TP 1 TAIWAN-PENGFU* 47 24 1.50 0.77 0.00
- ---------------------------
TM 1 TAYUAN-MATZ* 149 75 1.90 0.96 0.00
- ---------------------------
PK 1 PENFU-KINMEN* 80 40 1.90 0.95 0.00
- ---------------------------
APC SEG B1 (S-B1) 102 102 90.35 90.35 0.00
- ---------------------------
APC Seg B2 (K-B1) 160 160 0.00 0.00 0.00
- ---------------------------
APC Seg B3 (B1-2) 1290 1290 396.75 396.75 190.67
- ---------------------------
APC Seg B4 (H-B2) 225 225 8.86 8.86 39.94
- ---------------------------
APC Seg B5 (B2-3) 717 717 0.00 0.00 73.01
- ---------------------------
APC Seg B6 (T-B3) 196 196 96.98 96.98 4.18
- ---------------------------
APC Seg B7 (B3-N) 236 236 0.00 0.00 97.48
- ---------------------------
SEA-ME-WE 2 (SEG 1) 555 555 528.00 528.00 0.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.1) 2037 2037 130.00 130.00 38.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.2) 31 31 18.00 18.00 14.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.3)* 842 647 0.00 0.00 130.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.4)* 405 203 28.00 14.00 12.00
- ---------------------------
SEA-ME-WE 2 (SEC 2.5)* 1564 782 102.00 51.00 310.0O
- ---------------------------
MALAYSIA DOM SOUTH* 1271 636 72.96 36.51 284.64
- ---------------------------
MALAYSIA DOM NORTH* 957 479 30.94 15.47 259.16
- ---------------------------
TVH B1 Thailand-BU 664 664 56.85 56.85 0.00
- ---------------------------
TVH B2 Vietnam-BU 109 109 5.86 5.86 0.00
- ---------------------------
TVH B3 Hing Kong-BU 1038 1038 19.17 19.17 190.26
- --------------------------------------------------------------------------------------------
<CAPTION>
- -----------------------------------------------------------------------------------------------------------
SCHEDULE P Page 3 of 13
Issue 14
Effective Date 01-Apr-98
- -----------------------------------------------------------------------------------------------------------
ROV
Chargeable B Accounting
L2 Buried Chargeable B Units Cost Allocation to each
Cable System (NM) Length (NM) (RAU's) Scheduled Cables (%)
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
KUANTAN-KOTAKINABALU* 115.53 288.07 180.09 931.11 2.455
- ---------------------------
SURABAYA-BANJARMASIN* 0.00 200.30 100.63 406.89 1.073
- ---------------------------
B-S 102.10 567.20 567.20 2426.25 6.397
- ---------------------------
B-M-P B1 41.15 49.64 49.64 232.94 0.614
- ---------------------------
B-M-P B2 7.05 45.45 45.45 211.40 0.557
- ---------------------------
B-M-P B3 252.51 19.52 19.52 234.93 0.619
- ---------------------------
TP 1 TAIWAN-PENGFU* 0.00 45.50 23.23 93.69 0.247
- ---------------------------
TM 1 TAYUAN-MATZ* 0.00 147.10 74.04 297.12 0.783
- ---------------------------
PK 1 PENFU-KINMEN* 0.00 78.10 39.05 157.15 0.414
- ---------------------------
APC SEG B1 (S-B1) 0.00 5.35 5.35 111.75 0.295
- ---------------------------
APC Seg B2 (K-B1) 0.00 158.17 158.17 632.68 1.668
- ---------------------------
APC Seg B3 (B1-2) 190.67 0.00 0.00 492.09 1.297
- ---------------------------
APC Seg B4 (H-B2) 39.94 141.65 141.65 595.43 1.570
- ---------------------------
APC Seg B5 (B2-3) 73.01 0.00 0.00 36.51 0.096
- ---------------------------
APC Seg B6 (T-B3) 4.18 0.00 0.00 99.07 0.261
- ---------------------------
APC Seg B7 (B3-N) 97.48 0.00 0.00 48.74 0.129
- ---------------------------
SEA-ME-WE 2 (SEG 1) 0.00 28.00 28.00 640.00 1.687
- ---------------------------
SEA-ME-WE 2 (SEG 2.1) 38.00 12.00 12.00 197.00 0.519
- ---------------------------
SEA-ME-WE 2 (SEG 2.2) 14.00 0.00 0.00 25.00 0.066
- ---------------------------
SEA-ME-WE 2 (SEG 2.3)* 115.00 0.00 0.00 57.50 0.152
- ---------------------------
SEA-ME-WE 2 (SEG 2.4)* 6.00 115.00 57.50 247.00 0.651
- ---------------------------
SEA-ME-WE 2 (SEC 2.5)* 155.00 0.00 0.00 128.50 0.339
- ---------------------------
MALAYSIA DOM SOUTH* 142.43 1013.93 507.36 2137.17 5.635
- ---------------------------
MALAYSIA DOM NORTH* 129.58 681.34 340.67 1442.94 3.805
- ---------------------------
TVH B1 Thailand-BU 0.00 582.62 582.62 2387.33 6.295
- ---------------------------
TVH B2 Vietnam-BU 0.00 103.32 103.32 419.14 1.105
- ---------------------------
TVH B3 Hing Kong-BU 190.26 261.28 261.28 1159.42 3.057
- -----------------------------------------------------------------------------------------------------------
</TABLE>
4
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
- ------------------------------------------------------------------------------------------------
E L1 L2
Chargeable Unburied Chargeable Unburied
Total Sheath Sheath Length L1 Length
Cable System Mileage (NM) Mileage (NM) 0-1000m (NM) 1OOO-2000m
- ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
APCN Seg. B3 304.00 304.00 0.00 0.00 126.12
- -------------------------------
APCN Seg. B4 180.75 180.75 42.64 42.64 0.00
- -------------------------------
APCN Seg. B17 600.44 600.44 244.08 244.08 15.60
- -------------------------------
APCN Seg. B5 686.00 686.00 72.36 72.36 62.64
- -------------------------------
APCN Seg. B6 352.00 352.00 10.34 10.34 12.67
- -------------------------------
APCN Seg. B7 41.00 41.00 0.00 0.00 0.00
- -------------------------------
APCN Seg. B8 389.00 389.00 30.91 30.91 38.03
- -------------------------------
APCN Seg. B9 1295.00 1295.00 12.19 12.19 230.81
- -------------------------------
APCN Seg. B10 50.00 50.00 1.04 1.04 0.00
- -------------------------------
APCN Seg. B11 75.00 75.00 8.81 8.81 0.00
- -------------------------------
APCN Seg. B12 703.31 703.31 24.52 24.52 0.00
- -------------------------------
APCN Seg. B13 52.24 52.24 1.99 1.99 0.00
- -------------------------------
APCN Seg. B14 106.79 106.79 7.26 7.26 0.00
- -------------------------------
APCN Seg. B15 69.29 69.29 12.84 12.84 0.00
- -------------------------------
APCN Seg. B16 490.27 490.27 20.62 20.62 0.00
- -------------------------------
JASURAUS (APCN-A) 1509.00 1509.00 0.00 0.00 28.00
- -------------------------------
JAKARTA-SURABAYA* 385.40 192.70 0.00 0.00 0.00
- -------------------------------
FLAG S7 (Mumbai-BU4) 1386.00 1386.00 1.00 1.00 181.00
- -------------------------------
FLAG SD (BU4-Penang) 123.60 123.60 11.00 11.00 0.00
- -------------------------------
FLAG S8 (BU4-Satun) 60.40 60.40 6.00 6.00 0.00
- -------------------------------
FLAG S9 (Songkhla-Hong Kong) 1595.50 1595.50 99.00 99.00 83.00
- -------------------------------
FLAG S10 (Hong Kong-BU5) 915.00 915.00 47.00 47.00 38.00
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
* Discounted in accordance with Schedule D2 Pages 1-4
ROV Accounting Units (RAUs)=L1+0.5L2+4B Excluded MT & PS
- ------------------------------------------------------------------------------------------------
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------
SCHEDULE P Page 4 of 13
Issue 14
Effective Date 01-Apr-98
- ----------------------------------------------------------------------------------------------------------------
ROV
Chargeable B Accounting
L2 Buried Chargeable B Units Cost Allocation to each
Cable System (NM) Length (NM) (RAUs) Scheduled Cables (%)
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
APCN Seg. B3 126.12 0.00 0.00 63.06 0.166
- -------------------------------
APCN Seg. B4 0.00 4.49 4.49 60.60 0.160
- -------------------------------
APCN Seg. B17 15.60 190.63 190.63 1014.40 2.675
- -------------------------------
APCN Seg. B5 62.64 19.02 19.02 179.76 0.474
- -------------------------------
APCN Seg. B6 12.67 12.70 12.70 67.48 0.178
- -------------------------------
APCN Seg. B7 0.00 0.00 0.00 0.00 0.000
- -------------------------------
APCN Seg. B8 38.03 176.59 176.59 756.29 1.994
- -------------------------------
APCN Seg. B9 230.81 397.66 397.66 1718.24 4.530
- -------------------------------
APCN Seg. B10 0.00 48.83 48.83 196.36 0.518
- -------------------------------
APCN Seg. B11 0.00 66.45 66.45 274.61 0.724
- -------------------------------
APCN Seg. B12 0.00 678.78 678.78 2739.64 7.224
- -------------------------------
APCN Seg. B13 0.00 50.26 50.26 203.03 0.535
- -------------------------------
APCN Seg. B14 0.00 99.54 99.54 405.42 1.069
- -------------------------------
APCN Seg. B15 0.00 56.46 56.46 238.68 0.629
- -------------------------------
APCN Seg. B16 0.00 469.65 469.65 1899.22 5.008
- -------------------------------
JASURAUS (APCN-A) 28.00 317.00 317.00 1282.00 3.380
- -------------------------------
JAKARTA-SURABAYA* 0.00 385.40 192.70 770.80 2.032
- -------------------------------
FLAG S7 (Mumbai-BU4) 181.00 193.00 193.00 863.50 2.277
- -------------------------------
FLAG SD (BU4-Penang) 0.00 113.00 113.00 463.00 1.221
- -------------------------------
FLAG S8 (BU4-Satun) 0.00 55.00 55.00 226.00 0.596
- -------------------------------
FLAG S9 (Songkhla-Hong Kong) 83.00 668.00 668.00 2812.50 7.416
- -------------------------------
FLAG S10 (Hong Kong-BU5) 38.00 179.00 179.00 782.00 2.062
- ----------------------------------------------------------------------------------------------------------------
TOTAL RAUS 37926.67 100.000
- ----------------------------------------------------------------------------------------------------------------
* Discounted in accordance with Schedule D2 Pages 1-4
ROV Accounting Units (RAUs)=L1+0.5L2+4B Excluded MT & PS
- ----------------------------------------------------------------------------------------------------------------
</TABLE>
5
<PAGE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
- -----------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI KDD
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342.00 0.902 0.451 0.451
SEA-ME-WE 'B' 288.00 0.759 0.379 0.380
SEA-ME-WE 'C' 111.00 0.293 0.146 0.147
SIN-HON-TAI 'A' 1210.45 3.192 1.596 1.596
SIN-HON-TAI 'B' 773.60 2.040 1.020
A-I-S 'A' 58.83 0.155 0.08
A-I-S 'B' 532.90 1.405 0.703 0.702
IOCOM 725.59 1.913 0.957 0.956
HJK 282.56 0.745 0.373 0.372
HONTAI 2 736.40 1.942 0.971
- -----------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- -------------------------------------------------------------------------------------------------
SCHEDULE P Page 5 of 13
Issue 14
Effective Date 01-Apr-98
- -------------------------------------------------------------------------------------------------
TELS PT
Cable System TRN JTB PLDT TEL IDC VNPT KT FLAG TOTAL
- -------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 0.902
SEA-ME-WE 'B' 0.759
SEA-ME-WE 'C' 0.293
SIN-HON-TAI 'A' 3.192
SIN-HON-TAI 'B' 2.040
A-I-S 'A' 0.078 0.155
A-I-S 'B' 1.405
IOCOM 1.913
HJK 0.745
HONTAI 2 1.942
- -------------------------------------------------------------------------------------------------
</TABLE>
6
<PAGE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Liability For Payment
- -------------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Scheduled SING INDO
Cable System Total RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
KUANTAN-KK 931.11 2.455 2.455
SURABAYA-BANJ 406.89 1.073
B-S 2426.25 6.397 3.198
B-M-P B1 232.94 0.614 0.204
B-M-P B2 211.40 0.557 0.186
B-M-P B3 234.93 0.619 0.206
TP 1 93.69 0.247
TM 1 297.12 0.783
PK 1 157.15 0.414
APC B1 (S-B1) 111.75 0.295 0.050 0.049 0.049
APC B2 (K-B1) 632.68 1.668 0.278 0.278 0.278
APC B3 (B1-2) 492.09 1.297 0.216 0.217 0.216
APC B4 (H-B2) 595.43 1.570 0.261 0.261 0.262
APC B5 (B2-3) 36.51 0.096 0.016 0.016 0.016
APC B6 (T-B3) 99.07 0.261 0.044 0.044 0.044
APC B7 (B3-N) 48.74 0.129 0.021 0.021 0.021
SEA-ME-WE 2 (S1) 640.00 1.687 0.338 0.338 0.337 0.337 0.337
SEA-ME-WE 2 (2.1) 197.00 0.519 0.103 0.104 0.104 0.104 0.104
SEA-ME-WE 2 (2.2) 25.00 0.066 0.014 0.013 0.013 0.013 0.013
SEA-ME-WE 2 (2.3) 57.50 0.152 0.030 0.030 0.030 0.031 0.031
SEA-ME-WE 2 (2.4) 247.00 0.651 0.131 0.130 0.130 0.130 0.130
SEA-ME-WE 2 (2.5) 128.50 0.339 0.067 0.068 0.068 0.068 0.068
M'SIA DOM SOUTH 2137.17 5.635 5.635
M'SIA DOM NORTH 1442.94 3.805 3.805
TVH B1 (T-BU) 2387.33 6.295 6.295
TVH B2 (V-BU) 419.14 1.105
TVH B3 (HK-BU) 1159.42 3.057 3.057
- -------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------
SCHEDULE P Page 6 of 13
Issue 14
Effective Date 01-Apr-98
- ---------------------------------------------------------------------------------------------------------------------------
TELS PT
Cable System KDD ITDC TRA JTB PLDT TEL IDC VNPT KT FLAG TOTAL
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
KUANTAN-KK 2.455
SURABAYA-BANJ 1.073 1.073
B-S 3.199 6.397
B-M-P B1 0.205 0.205 0.614
B-M-P B2 0.186 0.185 0.557
B-M-P B3 0.206 0.207 0.619
TP 1 0.247 0.247
TM 1 0.783 0.783
PK 1 0.414 0.414
APC B1 (S-B1) 0.490 0.049 0.049 0.295
APC B2 (K-B1) 0.278 0.278 0.278 1.668
APC B3 (B1-2) 0.216 0.216 0.216 1.297
APC B4 (H-B2) 0.262 0.262 0.262 1.570
APC B5 (B2-3) 0.016 0.016 0.016 0.096
APC B6 (T-B3) 0.043 0.043 0.043 0.261
APC B7 (B3-N) 0.022 0.022 0.022 0.129
SEA-ME-WE 2 (S1) 1.687
SEA-ME-WE 2 (2.1) 0.519
SEA-ME-WE 2 (2.2) 0.066
SEA-ME-WE 2 (2.3) 0.152
SEA-ME-WE 2 (2.4) 0.651
SEA-ME-WE 2 (2.5) 0.339
M'SIA DOM SOUTH 5.635
M'SIA DOM NORTH 3.805
TVH B1 (T-BU) 6.295
TVH B2 (V-BU) 1.105
TVH B3 (HK-BU) 1.105 3.057
- ---------------------------------------------------------------------------------------------------------------------------
</TABLE>
7
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Liability For Payment
- ----------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APCN Seg. B3 63.06 0.166 0.018 0.018 0.018 0.018 0.018
APCN Seg. B4 60.60 0.160 0.018 0.018 0.018 0.018 0.018
APCN Seg. B17 1,014.40 2.675 0.297 0.298 0.298 0.297 0.297
APCN Ses. B5 179.76 0.474 0.052 0.052 0.052 0.053 0.053
APCN Seg. B6 67.48 0.178 0.020 0.020 0.020 0.020 0.020
APCN Seg. B7 0.00 0.000 0.000 0.000 0.000 0.000 0.000
APCN Seg. B8 756.29 1.994 0.221 0.221 0.221 0.221 0.222
APCN Seg. B9 1,718.24 4.530 0.503 0.503 0.503 0.504 0.504
APCN Seg. B10 196.36 0.518 0.057 0.057 0.057 0.057 0.058
APCN Seg. B11 274.61 0.724 0.081 0.081 0.081 0.081 0.080
APCN Seg. B12 2,739.64 7.224 0.802 0.802 0.802 0.803 0.803
APCN Seg. B13 203.03 0.535 0.060 0.06 0.06 0.060 0.059
APCN Seg. B14 405.42 1.069 0.118 0.118 0.119 0.119 0.119
APCN Seg. B15 238.68 0.629 0.070 0.070 0.070 0.070 0.069
APCN Seg. B16 1,899.22 5.008 0.556 0.556 0.556 0.556 0.556
JASURAUS (APCN-A) 1,282.00 3.380 1.690
JAKARTA-SURABAYA 770.80 2.032 2.032
FLAG S7 (Mumbai-BU4) 863.50 2.277
FLAG SD (BU4-Penang) 463.00 1.221
FLAG S8 (BU4-Satun) 226.00 0.596
FLAG S9 (Songkhla-HK) 2812.50 7.416
FLAG SIO (HK-BU5) 782.00 2.062
- ----------------------------------------------------------------------------------------------------------------------------
TOTAL 37926.67 100.00 10.390 17.208 8.889 9.172 1.208 1.639 0.830 10.779 0.000
- ----------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------
SCHEDULE P Page 7 of 13
Issue 14
Effective Date 01-Apr-98
- ----------------------------------------------------------------------------------------------------------------------------
TELS PT
Cable System KDD ITDC TRA JTB PLDT TEL IDC VNPT KT FLAG TOTAL
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APCN Seg. B3 0.019 0.019 0.019 0.019 1.166
APCN Seg. B4 0.018 0.018 0.017 0.017 0.160
APCN Seg. B17 0.297 0.297 0.297 0.297 2.675
APCN Ses. B5 0.053 0.053 0.053 0.053 0.474
APCN Seg. B6 0.020 0.020 0.019 0.019 0.178
APCN Seg. B7 0.000 0.000 0.000 0.000 0.000
APCN Seg. B8 0.222 0.222 0.222 0.222 1.994
APCN Seg. B9 0.504 0.503 0.503 0.503 4.530
APCN Seg. B10 0.058 0.058 0.058 0.058 0.518
APCN Seg. B11 0.080 0.080 0.080 0.080 0.724
APCN Seg. B12 0.803 0.803 0.803 0.803 7.224
APCN Seg. B13 0.059 0.059 0.059 0.059 0.535
APCN Seg. B14 0.119 0.119 0.119 0.119 1.069
APCN Seg. B15 0.070 0.070 0.070 0.070 0.629
APCN Seg. B16 0.557 0.557 0.557 0.557 5.008
JASURAUS (APCN-A) 1.690 3.380
JAKARTA-SURABAYA 2.032
FLAG S7 (Mumbai-BU4) 2.277 2.277
FLAG SD (BU4-Penang) 1.221 1.221
FLAG S8 (BU4-Satun) 0.596 0.596
FLAG S9 (Songkhla-HK) 7.416 7.416
FLAG SIO (HK-BU5) 2.062 2.062
- ----------------------------------------------------------------------------------------------------------------------------
TOTAL 4.137 7.199 1.768 3.796 3.473 1.073 0.886 1.105 2.876 13.572 100.000
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
8
<PAGE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (CWM Operated Facities)
- -----------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI KDD
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342.00 0.902
SEA-ME-WE 'B' 288.00 0.759
SEA-ME-WE 'C' 111.00 0.293
SIN-HON-TAI 'A' 1210.45 3.192 3.192
SIN-HON-TAI 'B' 773.60 2.040 2.040
A-I-S 'A' 58.83 0.155 0.077
A-I-S 'B' 532.90 1.405 0.703 0.702
IOCOM 725.59 1.913 0.913 0.956
HJK 282.56 0.745 0.745
HONTAI 2 736.40 1.942 1.942
- -----------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ----------------------------------------------------------------------------------------------------------
SCHEDULE P Page 8 of 13
Issue 14
Effective Date 01-Apr-98
- ----------------------------------------------------------------------------------------------------------------
TELS PT SMW
Cable System ITDC TRA JTB PLDT TEL IDC VNPT CBP KT FLAG TOTAL
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 0.902 0.902
SEA-ME-WE 'B' 0.759 0.759
SEA-ME-WE 'C' 0.293 0.293
SIN-HON-TAI 'A' 3.192
SIN-HON-TAI 'B' 2.040
A-I-S 'A' 0.078 0.155
A-I-S 'B' 1.405
IOCOM 1.913
HJK 0.745
HONTAI 2 1.942
- ----------------------------------------------------------------------------------------------------------------
</TABLE>
9
<PAGE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (CWM Operated Facilities)
- -------------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Scheduled SING INDO
Cable System Total RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
KUANTAN-KK 931.11 2.455 2.455
SURABAYA-BANJ 406.89 1.073
B-S 2426.25 6.397
B-M-P B1 232.94 0.614 0.204
B-M-P B2 211.40 0.557 0.186
B-M-P B3 234.93 0.619 0.206
TP 1 93.69 0.247
TM 1 297.12 0.783
PK 1 157.15 0.414
APC B1 (S-B1) 111.75 0.295 0.295
APC B2 (K-B1) 632.68 1.668 1.668
APC B3 (B1-2) 492.09 1.297 1.297
APC B4 (H-B2) 595.43 1.570 1.570
APC B5 (B2-3) 36.51 0.096 0.096
APC B6 (T-B3) 99.07 0.261 0.261
APC B7 (B3-N) 48.74 0.129 0.129
SEA-ME-WE 2 (S1) 640.00 1.687
SEA-ME-WE 2 (2.1) 197.00 0.519
SEA-ME-WE 2 (2.2) 25.00 0.066
SEA-ME-WE 2 (2.3) 57.50 0.152
- -------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
SCHEDULE P Page 9 of 13
Issue 14
Effective Date 01-Apr-98
- -------------------------------------------------------------------------------------------------------------------------------
TELS PT SMW
Cable System KDD ITDC TRA JTB PLDT TEL IDC VNPT CBP KT FLAG TOTAL
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
KUANTAN-KK 2.455
SURABAYA-BANJ 1.073 1.073
B-S 3.199 6.397
B-M-P B1 0.205 0.205 0.614
B-M-P B2 0.186 0.185 0.557
B-M-P B3 0.206 0.207 0.619
TP 1 0.247 0.247
TM 1 0.783 0.783
PK 1 0.414 0.414
APC B1 (S-B1) 0.295
APC B2 (K-B1) 1.668
APC B3 (B1-2) 1.297
APC B4 (H-B2) 1.570
APC B5 (B2-3) 0.096
APC B6 (T-B3) 0.261
APC B7 (B3-N) 0.129
SEA-ME-WE 2 (S1) 1.687 1.687
SEA-ME-WE 2 (2.1) 0.519 0.519
SEA-ME-WE 2 (2.2) 0.066 0.066
SEA-ME-WE 2 (2.3) 0.152 0.152
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
10
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (CWM Operated Facilities)
- ----------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APCN Seg. B3 63.06 0.166 0.166
APCN Seg. B4 60.60 0.160 0.160
APCN Seg. B17 1,014.40 2.675 2.675
APCN Ses. B5 179.76 0.474 0.474
APCN Seg. B6 67.48 0.178 0.178
APCN Seg. B7 0.00 0.000 0.000
APCN Seg. B8 756.29 1.994 1.994
APCN Seg. B9 1,718.24 4.530 4.530
APCN Seg. B10 196.36 0.518 0.518
APCN Seg. B11 274.61 0.724 0.724
APCN Seg. B12 2,739.64 7.224 7.224
APCN Seg. B13 203.03 0.535 0.535
APCN Seg. B14 405.42 1.069 1.069
APCN Seg. B15 238.68 0.629 0.629
APCN Seg. B16 1,899.22 5.008 5.008
JASURAUS (APCN-A) 1,282.00 3.380 1.690
JAKARTA-SURABAYA 770.80 2.032 2.032
FLAG S7 (Mumbai-BU4) 863.50 2.277
FLAG SD (BU4-Penang) 463.00 1.221
FLAG S8 (BU4-Satun) 226.00 0.596
FLAG S9 (Songkhla-HK) 2,812.50 7.416
FLAG S1O (HK-BU5) 782.00 2.062
- ----------------------------------------------------------------------------------------------------------------------------
TOTAL 37926.67 100.000 3.901 14.404 4.501 6.295 0.000 0.000 0.000 42.176 0.000
- ----------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
SCHEDULE P Page 10 of 13
Issue 14
Effective Date 01-Apr-98
- ----------------------------------------------------------------------------------------------------------------------------------
TELS PT SMW
Cable System KDD ITDC TRA JTB PLDT TEL IDC VNPT CBP KT FLAG TOTAL
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APCN Seg. B3 1.166
APCN Seg. B4 0.160
APCN Seg. B17 2.675
APCN Ses. B5 0.474
APCN Seg. B6 0.178
APCN Seg. B7 0.000
APCN Seg. B8 1.994
APCN Seg. B9 4.530
APCN Seg. B10 0.518
APCN Seg. B11 0.724
APCN Seg. B12 7.224
APCN Seg. B13 0.535
APCN Seg. B14 1.069
APCN Seg. B15 0.629
APCN Seg. B16 5.008
JASURAUS (APCN-A) 1.690 3.380
JAKARTA-SURABAYA 2.032
FLAG S7 (Mumbai-0U4) 2.277 2.277
FLAG SD (BU4-Penang) 1.221 1.221
FLAG S8 (BU4-Satun) 0.596 0.596
FLAG S9 (Songkhla-HK) 7.416 7.416
FLAG S1O (HK-BU5) 2.062 2.062
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL 0.000 1.444 1.768 3.796 0.597 1.073 0.000 1.105 5.368 0.000 13.573 100.000
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
11
<PAGE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (ACPL Operated Facities)
- -----------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI KDD
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342.00 0.902
SEA-ME-WE 'B' 288.00 0.759
SEA-ME-WE 'C' 111.00 0.293
SIN-HON-TAI 'A' 1210.45 3.192 3.192
SIN-HON-TAI 'B' 773.60 2.040 2.040
A-I-S 'A' 58.83 0.155 0.077
A-I-S 'B' 532.90 1.405 0.702 0.703
IOCOM 725.59 1.913 1.913
HJK 282.56 0.745 0.745
HONTAI 2 736.40 1.942 1.942
- -----------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------
SCHEDULE P Page 11 of 13
Issue 14
Effective Date 01-Apr-98
- ----------------------------------------------------------------------------------------------------------------
TELS PT SMW
Cable System ITDC TRA JTB PLDT TEL IDC VNPT CBP KT FLAG TOTAL
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 0.902 0.902
SEA-ME-WE 'B' 0.759 0.759
SEA-ME-WE 'C' 0.293 0.293
SIN-HON-TAI 'A' 3.192
SIN-HON-TAI 'B' 2.040
A-I-S 'A' 0.078 0.155
A-I-S 'B' 1.405
IOCOM 1.913
HJK 0.745
HONTAI 2 1.942
- ----------------------------------------------------------------------------------------------------------------
</TABLE>
12
<PAGE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Liability For Payment
- -------------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Scheduled SING INDO
Cable System Total RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
KUANTAN-KK 931.11 2.455 2.455
SURABAYA-BANJ 406.89 1.073
B-S 2426.25 6.397 3.198
B-M-P B1 232.94 0.614 0.205
B-M-P B2 211.40 0.557 0.186
B-M-P B3 234.93 0.619 0.206
TP 1 93.69 0.247
TM 1 297.12 0.783
PK 1 157.15 0.414
APC B1 (S-B1) 111.75 0.295 0.295
APC B2 (K-B1) 632.68 1.668 1.668
APC B3 (B1-2) 492.09 1.297 1.216
APC B4 (H-B2) 595.43 1.570 0.297
APC B5 (B2-3) 36.51 0.096 1.570
APC B6 (T-B3) 99.07 0.261 0.096
APC B7 (B3-N) 48.74 0.129 0.261
SEA-ME-WE 2 (S1) 640.00 1.687 0.129
SEA-ME-WE 2 (2.1) 197.00 0.519
SEA-ME-WE 2 (2.2) 25.00 0.066
SEA-ME-WE 2 (2.3) 57.50 0.152
SEA-ME-WE 2 (2.4) 247.00 0.651
SEA-ME-WE 2 (2.5) 128.50 0.339
M'ASIA DOM SOUTH 2137.17 5.635 5.635
M'ASIA DOM NORTH 1442.94 3.805 3.805
TVH B1 (T-BU) 2387.33 6.295 6.295
TVH B2 (V-BU) 419.14 1.105
TVH B3 (HK-BU) 1159.42 3.057 3.057
- -------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
SCHEDULE P Page 12 of 13
Issue 14
Effective Date 01-Apr-98
- ---------------------------------------------------------------------------------------------------------------------------------
TELS PT SMW
Cable System KDD ITDC TRA JTB PLDT TEL IDC VNPT CBP KT FLAG TOTAL
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
KUANTAN-KK 2.455
SURABAYA-BANJ 1.073 1.073
B-S 3.199 6.397
B-M-P B1 0.205 0.205 0.614
B-M-P B2 0.186 0.185 0.557
B-M-P B3 0.206 0.207 0.619
TP 1 0.247 0.247
TM 1 0.783 0.783
PK 1 0.414 0.414
APC B1 (S-B1) 0.295
APC B2 (K-B1) 1.668
APC B3 (B1-2) 1.297
APC B4 (H-B2) 1.570
APC B5 (B2-3) 0.096
APC B6 (T-B3) 0.261
APC B7 (B3-N) 0.129
SEA-ME-WE 2 (S1) 1.687 1.687
SEA-ME-WE 2 (2.1) 0.519 0.519
SEA-ME-WE 2 (2.2) 0.066 0.066
SEA-ME-WE 2 (2.3) 0.152 0.152
SEA-ME-WE 2 (2.4) 0.651 0.651
SEA-ME-WE 2 (2.5) 0.339 0.339
M'ASIA DOM SOUTH 5.635
M'ASIA DOM NORTH 3.805
TVH B1 (T-BU) 6.295
TVH B2 (V-BU) 1.105
TVH B3 (HK-BU) 1.105 3.057
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
13
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (ACPL Operated Facities)
- ----------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APCN Seg. B3 63.06 0.166 0.166
APCN Seg. B4 60.60 0.160 0.160
APCN Seg. B17 1,014.40 2.675 2.675
APCN Ses. B5 179.76 0.474 0.474
APCN Seg. B6 67.48 0.178 0.178
APCN Seg. B7 0.00 0.000 0.000
APCN Seg. B8 756.29 1.994 1.994
APCN Seg. B9 1,718.24 4.530 4.530
APCN Seg. B10 196.36 0.518 0.518
APCN Seg. B11 274.61 0.724 0.724
APCN Seg. B12 2,739.64 7.224 7.224
APCN Seg. B13 203.03 0.535 0.535
APCN Seg. B14 405.42 1.069 1.069
APCN Seg. B15 238.68 0.629 0.629
APCN Seg. B16 1,899.22 5.008 5.008
JASURAUS (APCN-A) 1,282.00 3.380 1.690
JAKARTA-SURABAYA 770.80 2.032 2.032
FLAG S7 (Mumbai-BU4) 863.50 2.277
FLAG SD (BU4-Penang) 463.00 1.221
FLAG S8 (BU4-Satun) 226.00 0.596
FLAG S9 (Songkhla-HK) 2,812.50 7.416
FLAG SIO (HK-BU5) 782.00 2.062
- ----------------------------------------------------------------------------------------------------------------------------
TOTAL 37926.67 100.000 35.100 14.404 4.502 6.295 0.000 0.000 0.000 10.976 0.000
- ----------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
SCHEDULE P Page 13 of 13
Issue 14
Effective Date 01-Apr-98
- ------------------------------------------------------------------------------------------------------------------------------------
TELS PT SMW
Cable System KDD ITDC TRA JTB PLDT TEL IDC VNPT CBP KT FLAG TOTAL
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
APCN Seg. B3 0.166
APCN Seg. B4 0.160
APCN Seg. B17 2.675
APCN Ses. B5 0.474
APCN Seg. B6 0.178
APCN Seg. B7 0.000
APCN Seg. B8 1.994
APCN Seg. B9 4.530
APCN Seg. B10 0.518
APCN Seg. B11 0.724
APCN Seg. B12 7.224
APCN Seg. B13 0.535
APCN Seg. B14 1.069
APCN Seg. B15 0.629
APCN Seg. B16 5.008
JASURAUS (APCN-A) 1.690 3.380
JAKARTA-SURABAYA 2.032
FLAG S7 (Mnn,bai-0U4) 2.277 2.277
FLAG SD (BU4-Penang) 1.221 1.221
FLAG S8 (BU4-Satun) 0.596 0.596
FLAG S9 (Songkhla-HK) 7.416 7.416
FLAG SIO (HK-BU5) 2.062 2.062
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL 0.000 1.444 1.768 3.796 0.597 1.073 0.000 1.105 5.368 0.000 13.572 100.000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
14
<PAGE>
THE FOURTH SUPPLEMENTAL
AGREEMENT
TO
THE SOUTH EAST ASIA
AND
INDIAN OCEAN
CABLE MAINTENANCE AGREEMENT
<PAGE>
This Fourth Supplemental Agreement to The South East Asia and Indian Ocean Cable
Maintenance Agreement ("SEAIOCMA") is dated this tenth day of July 1996, and is
made between the following Parties:-
MAINTENANCE AUTHORITIES
THE COMMUNICATIONS AUTHORITY OF THAILAND - having its principal office at 99
Chaeng Watthana Road, Don Muang, Bangkok 10002. Thailand (herein called "CAT"
which expression shall include its successors).
EASTERN TELECOMMUNICATIONS PHILIPPINES INC. - with principal offices at Telecoms
Plaza, 316 Sen. Gil J. Puyat Avenue, Sacedo Village, Makati, Metro Manila,
Philippines (herein called "ETPI" which expression shall include its
successors).
HONG KONG TELECOM INTERNATIONAL LIMITED - having its registered office at 39th
Floor, Hongkong Telecom Tower, Taikoo Place, 979 King's road, Quarry Bay, Hong
Kong (herein called "HKTI" which expression shall include its successors).
INTERNATIONAL DIGITAL COMMUNICATIONS INC. - a company incorporated and existing
under the laws of Japan and having its registered office at 5-20-8 Asakusabashi,
Taito-ku, Tokyo, Japan, 111 (hereinafter called "IDC" which expression shall
include its successors).
INTERNATIONAL TELECOMMUNICATION DEVELOPMENT CORPORATION - having its principal
office at 31 Aikuo East Road, Taipei, (herein called "ITDC" which expression
shall include its successors).
JABATIAN TELEKOM OF BRUNEI DARUSSALAM - having its principal office at Ministry
of Communications Building, 1st Floor, Old Airport, Berakas, Bandar Seri Begawan
2051, Brunei Darussalam (herein called "JTB" which expression shall include its
successors).
KOKUSAI DENSHIN DENWA CO., LTD having its principal office at No. 3-2
Nishi-Shinjuku 2 Chome, Shinjuku-ku in the city of Tokyo (herein called "KDD"
which expression shall include its successors).
OFFICE DES POSTES ET TELECOMMUNICATIONS - having its registered office at
Boulevard de la Republique, Dijbouti, Republique de la Djibouti (herein called
"OPT" which expression shall include its successors).
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY - a corporation organised and
existing under the laws of the Republic of the Philippines and having its
principal office at the Ramon Cojuangco Building, Makati Avenue, Makati, Metro
Manila (herein called "PLDT" which expression shall include its successors).
<PAGE>
P.T. (PERSER0) INDONESIAN SATELLITE CORPORATION - a government owned enterprise
for international telecommunications of the Republic of Indonesia, having its
registered office at Jalan Medan merdeka Barat 21, Jakarta 10110 (herein called
"INDOSAT" which expression shall include its successors).
PT TELEKOMUNIKASI INDONESIA - having its principal office at JI, Jendral Gatot
Subroto No. 52 Jakarta 12150, Indonesia (herein called "PT TELKOM" which
expression shall include its successors).
SRI LANKA TELECOM - having its principal office at OTS Building, Duke Street,
Colombo 1, Sri Lanka (herein called "SLT" which expression shall include its
successors).
TELSTRA CORPORATION LIMITED ACN 051 775 556, (formerly called Australian and
Overseas Telecommunications Corporation Limited), a company incorporated under
the laws of Australia and having an office at 231 Elizabeth Street, Sydney, New
South Wales, Australia, (herein called "Telstra" which expression shall include
its successors).
TELEKOM MALA YSIA BERHAD - a company incorporated in Malaysia and existing under
the laws of Malaysia, having its principal office at Ibupejabat Telekom
Malaysia, Jalan Pantai Baharu, 59200 Kuala Lumpur, Malaysia (herein called "TM"
which expression shall include its successors).
VIDESH SANCHAR NIGAM LIMITED - having its registered office at Videsh Sanchar
Bhavan, Mahatma Gandhi Road, Bombay -400 001, India (herein called "VSNL" which
expression shall include its successors).
VIETNAM POSTS AND TELECOMMUNICATIONS CORPORATION - having its registered office
at 18 Nguyen Du Street, Hanoi, Vietnam (herein called "VNPT" which expression
shall include its successors).
FACILITY PROVIDERS
ASEAN CABLESHIP PRIVATE LIMITED - having its principal office at 15 Hoe
Chiang Road, #05-01/03 Euro-Asia Centre Singapore 089316, Republic of Singapore
(herein called "ACPL" which expression shall include its successors).
CABLE AND WIRELESS (MARINE) LIMITED - having its registered office at East Saxon
House, 27 Duke Street, Chelmsford, Essex CM1 1HT (herein called "CWM" which
expression shall include its successors).
SEMBAWANG CABLE DEPOT PTE LTD - having its registered office at 2nd Storey,
Katong Submarine Cable Station, 375 Tanjong Katong Road, Singapore 1543 (herein
called "SCDPL" which expression shall include its successors).
2
<PAGE>
WITNESSETH
WHEREAS by an agreement dated 1 June 1986 between the Maintenance Authorities
and the Cableship Operators as named therein ("SEAIOCMA"), as amended by a First
Supplemental Agreement dated 1 December 1986, a Second Supplemental Agreement
dated 1 June 1990, and a Third Supplemental Agreement dated 17 September 1992,
the Cableship Operators agreed to provide facilities and services within the
Operational Zone.
WHEREAS the increasing number of buried cable systems in the Operational Zone
has necessitated the introduction of submersible facilities to assist the
Cableship Operators in maintaining buried cable systems.
WHEREAS the Maintenance Authorities have agreed to the enhancement of the
Cableships' facilities by the inclusion of remotely operated vehicles.
WHEREAS the Cableship Operators are required to undertake jointer training and
requalification of jointers, and the Maintenance Authorities have agreed to pay
for the costs associated with such activities.
WHEREAS the Parties have agreed to the need to reference Schedule M in the text
of SEAIOCMA.
NOW THEREFORE, the Parties agree with one another as follows:-
1. DEFINITIONS
Save as is herein amended, the words and/or expressions as used in the
Fourth Supplemental Agreement shall have the same meanings ascribed to
them as in SEAIOCMA, the First Supplemental Agreement, the Second
Supplemental Agreement, and the Third Supplemental Agreement.
Clause 1 of SEAIOCMA shall be amended as follows;
"ROV" means the CIRRUS ROV or any new remotely operated
vehicle provided by the Cableship Operators under
SEAIOCMA as more fully described in Schedule N.
"ROV Running Costs" means the variable costs for an ROV as defined in
Schedule O over and above the ROV Standing Charges
incurred in respect of repairs, maintenance, and
other such operational circumstances as stipulated
in the Agreement.
3
<PAGE>
"ROV Standing Charges" means the annual charges as allocated in Schedule
P, payable to the Cableship Operators in consideration of the provision
of ROVs as detailed in Clause 3 of the Fourth Supplemental Agreement.
2. PROVISION OF ROV FACILITIES
a) In accordance with Clause 5(f) of SEAIOCMA, the Cableship Operators will
provide ROVs as additional facilities under the Agreement.
b) As from 1st October 1995, CWM shall provide the CIRRUS ROV on the C.S.
Cable Enterprise and thereafter on the New Vessel ("Vessel 2") after it
replaces the C.S. Cable Enterprise, until such time that CIRRUS is
replaced by a new ROV in accordance with Clause 2(c)(ii) of this Fourth
Supplemental Agreement. The specification of the CIRRUS ROV is appended
hereto as Schedule N.
c) The Cableship Operators shall procure new ROVs based on the target
specification which is appended hereto as Schedule N, as follows:
(i) A new ROV ("ROV 1") shall be procured by ACPL and installed on
Vessel I (hereinafter called C.S. ASEAN Restorer) by 1st December
1995 or as soon as possible thereafter.
(ii) A new ROV ("ROV 2") shall be procured by CWM and installed on Vessel
2 by 1st January 1999 or as soon as possible thereafter.
d) The CIRRUS ROV shall accordingly be withdrawn from SEAIOCMA as at the date
of its replacement by ROV 2 as specified above and the Maintenance
Authorities shall incur no further obligation or liability for the CIRRUS
ROV thereafter.
(e) When each new ROV is delivered by the manufacturer to ACPL and CWM
respectively, their specifications shall be incorporated as Schedule N and
shall supersede the target specifications appended hereto.
3. ROV STANDING CHARGES
(a) In consideration of the provision of ROVs on the Cableships, the
Maintenance Authorities shall pay annual ROV Standing Charges in addition
to the annual Fixed Standing Charges as follows:
4
<PAGE>
(i) CIRRUS
1995/96 (pound)824,400
1996/97 (pound)857,700
1997/98 (pound)891,900
1998/99 (pound)927,000
(ii) ROV 1
1995/96 Sing$2,850,000
1996/97 Sing$2,964,000
1997/98 Sing$3,082,750
1998/99 Sing$3,206,250
(iii) ROV 2
1998/99 (pound)1,381,300
1999/2000 (pound)1,439,250
2000/01 (pound)1,496,250
b) It is recognized by the Parties that the ROV Standing Charges in respect
of ROV 2 as detailed above are based on the current expectations of the
capital cost of ROV 2 as detailed in paper 21 of SEAIOCMA Management
Committee meeting 11. In the event that the actual capital cost differs
from the current expectation due to a different cost being quoted from the
supplier, or as a result of changes in prevailing exchange rates, CWM
shall re-compute the ROV Standing Charges in respect of ROV 2, and
re-submit them for approval of the Management Committee. Such approval
shall not be unreasonably withheld. ROV Standing Charges re-submitted and
agreed under this clause shall replace the ROV Standing Charges in respect
of ROV 2 as detailed in Clause 33 (a)(iii) of the Fourth Supplemental
Agreement.
c) Should an ROV be incorporated into or withdrawn from SEAIOCMA during the
course of a Financial Year, the ROV Standing Charge applicable to that
Financial Year shall be pro-rated accordingly.
d) The ROV Standing Charges subsequent to those indicated in Clause 3(a) of
the Fourth Supplemental Agreement shall be subject to an annual increase
of 4% from the previous year.
e) ROV Running Costs incurred during an operation are calculated in
accordance with Schedule 0, appended hereto.
5
<PAGE>
4. BASIS OF ROV COST ALLOCATION
The ROV Standing Charges shall be allocated to the Maintenance Authorities
in proportion to each Scheduled Cable's allocated number of ROV Accounting
Units as determined in accordance with the provisions of Schedule P
attached to this Fourth Supplemental Agreement.
5. OPERATION OF THE CABLESHIPS
The following sub-clauses shall be incorporated in SEAIOCMA as new clauses
7(i) and 7(j);
"7(1) At the inception of the Fourth Supplemental Agreement, the Cableship
Operators undertake to commence negotiations with a suitable local
company to supply additional ROV personnel during operations that
require the use of an ROV. It is recognised and agreed by the
Maintenance Authorities that until such arrangements are finalised,
in such instances where an ROV is required, the Cableship Operators
will use reasonable endeavours to put the Cableship to sea in
accordance with Clause 7 of SEAIOCMA."
"7(j) Notwithstanding sub-clause 7(i) above, in the event that an ROV is
required to assist in a maintenance or repair operation, the
Cableship Operators undertake to mobilise the additional ROV
personnel with due dispatch."
6. JOINTER TRAINING AND REOUALIFICATION COSTS
The following sub-clause shall be incorporated in SEAIOCMA as new clause
19(n):
"Any costs incurred by the Cableship Operators in respect of training and
re-qualifying jointers to provide jointing services under this Agreement
shall be allocated to the Scheduled Cables in proportion to their
allocated number of PIOCAUs in accordance with Schedule D2 prevailing at
the time that such training or re-qualification costs were incurred".
7. BILLING, ACCOUNTING AND SETTLEMENT ARRANGEMENTS
Clause 21(b) of SEAIOCMA shall be amended by the addition of the following
text;
"Bills in respect of an ROV shall be submitted on a quarterly basis to the
Maintenance Authorities fifteen (15) days prior to the first date of the
quarter in which they apply, save
6
<PAGE>
that the first quarterly bill in respect of the CIRRUS ROV will be
submitted at the date of the Fourth Supplemental Agreement".
8. PERFORMANCE OF ROV OPERATION'S
The Cableship Operators shall with due dispatch, use reasonable skill and
care in undertaking ROV operations, but the Cableship Operators shall not
be subject to any undertaking, express or implied, as to the depth or
speed of burial, such performance and time being dependent on the
circumstances in which the Cableship and the ROV are required to operate.
9. USE OF ROVs FOR OUTSIDE CHARTER
(a) The Cableship Operators shall be at liberty to seek outside charter work
for the ROVs. If such work requires the use of an ROV only, without a
requirement for the Cableship, then the Cableship Operator shall seek the
prior agreement of the Management Committee to demobilise the ROV from its
Cableship. Such agreement shall not be unreasonably withheld.
(b) In the event that the Cableship Operators utilise an ROV for outside
charter work, the Maintenance Authorities shall receive a daily rebate for
the period during which the ROV is not available to the Maintenance
Authorities. Such daily rebate will be an amount equal to the daily rate
of the ROV Standing Charge calculated by dividing the ROV Standing Charge
by 335.
(c) The rebate due to the Maintenance Authorities at the end of such periods
of outside charter work shall be allocated to the Maintenance Authorities
in accordance with Schedule P appended hereto.
(d) In the event that the Cableship is required for outside charier work
without the need of an ROV, the Cableship Operator shall seek the prior
permission of the Management Committee to release the Cableship only from
its obligations under SEAIOCMA. Under such circumstances and if required
by the Management Committee, the ROV will be demobilised at no cost to the
Maintenance Authorities and shall be stored ashore in a state of
operational readiness. The ROV Standing Charges will continue to be
chargeable during outside charter work undertaken in accordance with this
Clause 9 (d).
(e) Should the ROV be required by a Maintenance Authority whilst the Cableship
is on outside charier work as envisaged in Clause 9(d) above, the
Cableship Operator shall assist the Maintenance Authority that requires
the ROV in sourcing a suitable vessel of opportunity on which to mobilise
the ROV. All costs incurred in providing a suitable
7
<PAGE>
vessel of opportunity, including but not limited to the cost of fitout of
the vessel and mobilisation of the ROV shall be charged as ROV Running
Costs as detailed in Schedule O.
10. LOSS OF ROVs
(a) In the event that an ROV is lost or becomes a constructive or actual loss,
the Cableship Operator responsible for the operation of that ROV shall
immediately notify all Parties, and shall use reasonable endeavours to
secure an equivalent facility. If such a facility is available, the
Parties agree to negotiate in good faith the terms and conditions for the
provision of such a facility with the relevant Cableship Operator.
(b) Should the Parties not agree to the provision of an equivalent facility,
the ROV Standing Charge in respect of the lost ROV will cease to be
charged as of the date of such loss.
11. PREVIOUS AGREEMENTS
Prior to the date of this Agreement, certain Parties hereto had rights and
obligations under the CIRRUS ROV Insurance Premium Scheme. It is hereby
agreed by the Parties that all rights and obligations under the CIRRUS ROV
Insurance Premium Scheme shall terminate when the CIRRUS ROV is
incorporated into SEAIOCMA in accordance with Clause 2(b) of this Fourth
Supplemental Agreement, and that this Agreement shall supersede the CIRRUS
ROV Insurance Premium Scheme, provided always that such termination shall
not in any way prejudice any rights and remedies which may have accrued to
any Party prior to the date of such termination.
12. PRIORITY ARRANGEMENTS
The following sub-clause shall be incorporated in SEAIOCMA as new Clause
11(b)(iv);
"The priority of repair procedures in Schedule M are to be followed in all
instances of simultaneous cable failures unless other arrangements are
agreed by the Maintenance Authorities involved."
13. MISCELLANEOUS
The provisions of this Fourth Supplemental Agreement shall come into
effect on 1st October 1995 and shall continue thereafter until SEAIOCMA is
terminated, or expires, whichever is the sooner.
8
<PAGE>
Except as herein amended, all terms, covenants, provisions and conditions
set out and provided in SEAIOCMA, and the First and Second and Third
Supplementals thereto shall continue to apply and shall remain in full
force and effect between the Parties.
This Fourth Supplemental Agreement shall be executed by each of the
Parties in twenty (20) counterparts and each thereof when so executed and
delivered shall be an original and such parts shall together (as well as
separately) constitute one and the same instrument.
IN WITNESS WHEREOF the Parties have severally subscribed these presents or
caused them to be subscribed in their names and on their behalf by their duly
authorised officers.
SIGNED:
For and on behalf of
THE COMMUNICATIONS AUTHORITY Attest Date
OF THAILAND
................................... ............... ...............
For and on behalf of
EASTERN TELECOMMUNICATIONS Attest Date
PHILIPPINES INC.
................................... ............... ...............
For and on behalf of
HONG KONG TELECOM INTERNATIONAL Attest Date
LIMITED
................................... ............... ...............
9
<PAGE>
For and on behalf of
INTERNATIONAL DIGITAL Attest Date
COMMUNICATIONS
................................... ............... ...............
For and on behalf of
INTERNATIONAL TELECOMMUNICATION Attest Date
DEVELOPMENT CORPORATION
................................... ............... ...............
For and on behalf of
JABATAN TELEKOM OF BRUNEI Attest Date
DARUSSALAM
................................... ............... ...............
For and on behalf of
KOKUSAI DENSHIN DENWA CO. LTD Attest Date
................................... ............... ...............
For and on behalf of
OFFICE DES POSTES ET Attest Date
TELECOMMUNICATIONS
................................... ............... ...............
10
<PAGE>
For and on behalf of
PHILIPPINE LONG DISTANCE Attest Date
TELEPHONE COMPANY
................................... ............... ...............
For and on behalf of
P.T (PESERO) INDONESIAN SATELLITE Attest Date
CORPORATION
................................... ............... ...............
For and on behalf of
PT TELEKOMUNIKASI INDONESIA Attest Date
................................... ............... ...............
For and on behalf of
TELSTRA CORPORATION LIMITED Attest Date
ACN 051 775 556
................................... ............... ...............
For and on behalf of
TELEKOM MALAYSIA BERHAD Attest Date
................................... ............... ...............
11
<PAGE>
For and on behalf of
SINGAPORE TELECOMMUNICATIONS Attest Date
LIMITED
................................... ............... ...............
For and on behalf of
SRI LANKA TELECOM Attest Date
................................... ............... ...............
For and on behalf of
VIDESH SANCHAR Attest Date
NIGAM LIMITED
................................... ............... ...............
For and on behalf of
VIETNAM POSTES ET Attest Date
TELECOMMUNICATIONS CORPORATION
................................... ............... ...............
For and on behalf of
ASEAN CABLESHIP PRIVATE LIMITED Attest Date
................................... ............... ...............
For and on behalf of
CABLE & WIRELESS (MARINE) LIMITED Attest Date
................................... ............... ...............
12
<PAGE>
For and on behalf of
SEMBAWANG CABLE DEPOT PRIVATE Attest Date
LIMITED
................................... ............... ...............
13
<PAGE>
SCHEDULE N
Issue 1
October 1st 1995
TARGET SPECIFICATION OF NEW ROV
The ROV systems will be principally required to perform the following tasks:
o Detection and tracking of surface laid and buried cable.
o Cable burial depth determination and logging.
o Cable burial.
o Cable deburial.
o Visual inspection and recording of seabed, cable and plant.
o Manipulation of cable; cutting and attachment of grippers and
lifiness.
o General seabed and cable route survey.
o Debris clearance.
o Placement and recovery of acoustic and sonar markers.
To accomplish these operations, the systems will consist of the following
modules:
o Remotely operated vehicle (ROV).
o Cable detection systems.
o Cable burial and recovery tools.
o Launch and recovery system.
o Umbilical, winch and associated equipment.
o Surface control equipment.
o Acoustic vehicle location and navigation system.
o Electrical power distribution system.
o Remote observation centre.
Outline Specification
Parameter Specification
Working depth: 2000 metres.
Bury cable to: Up to 1 metre in soils up to 50kPa.
Cable types: Lightweight and armoured.
Maximum cable size: 110mm diameter
<PAGE>
Expose cable from: 1.2 metres under seabed.
Burial speed: 50 m/hr minimum at max. soil strength
200 m/hr minimum in non-cohesive
material.
Tools: Two manipulators.
Gripper and cutter attachments.
Cable detection system.
Deployable acoustic beacons and
detector.
2
<PAGE>
SCHEDULE 0
Issue 1
October 1st 1995
ROV RUNNING COSTS
The ROV Running Costs comprise the additional costs incurred over and above the
ROV Standing Charges as a direct result of the use of an ROV for any operation
undertaken under the Agreement including but not limited to:
(i) The salaries, wages, allowances, pension fund contributions, travel
and accommodation costs of such additional officers (over and above the
two ROV officers permanently assigned to the Cableship), crew or other
personnel necessary to increase the ROV complement from standby to an
operational status.
(ii) The cost of replenishing expendable operating equipment lost or
damaged during operations.
(iii) "At sea" insurance premiums if applicable.
(iv) The costs of supplying and fitting out a vessel of opportunity and
mobilisation of an ROV pursuant to Clause 9(e) of the Fourth Supplemental
Agreement.
(v) An administrative allowance equal to ten (10) percent of the charges
defined above.
3
<PAGE>
SCHEDULE P (Text)
Issue 1
October 1st 1995
ROV STANDING CHARGE ALLOCATION
1. The ROV Standing Charge will be allocated to each Scheduled Cable in
accordance with the ROV cost allocation formula which is defined as
follows:
ROV Accounting Units ("RAUs") = L1 / 0.5L2 / 4B
where:
o L1 = Unburied cable length in water depths between 0-1000 metres.
o L2 = Unburied cable length in water depths between 1000-2000 metres.
o B = Total buried cable length.
2. L1, L2, and B, above, will be adjusting according to the following rules:
(i) Where a Scheduled Cable or part of a Scheduled Cable is 2,000
nautical miles or more or more from the base port of the Cableship
in its Normal Operating Zone, for the purposes of allocating ROV
Standing Charges, the amount of the Scheduled Cable beyond 2,000
nautical miles shall be considered half its actual length, and this
added to the cable length within 2,000 nautical miles shall be used
in calculating L1, L2, and B.
(ii) For Scheduled Cables that carry wholly or partially domestic
traffic, the following formula shall apply for RAU calculation
purposes:
Z = Y/2 x X
Where:
o X = Chargeable Sheath Mileage of a Scheduled Cable between landing
points (after adjustment calculated in accordance with para 2(i)
above).
o Y = The ratio of domestic circuits to all used circuits carried on
the Scheduled Cable.
o Z = The discounted section of the Scheduled Cable.
4
<PAGE>
X - Z is the cable length to be used in the calculation of L1, L2,
and B for determining the allocation of ROV Standing Charges.
3. The attached tables, 'ROV Cost Allocation to Scheduled Cables', show the
ROV Standing Charge allocation to each Scheduled Cable calculated on the
basis of (l) and (2) above, and the billing and liability for payment
parties for each Scheduled Cable. These tables will be amended as
necessary from time to time.
5
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
- --------------------------------------------------------------------------------------------
E L1 L2
Chargeable Unburied Chargeable Unburied
Total Sheath Sheath Length L1 Length
Cable System Mileage (NM) Mileage (NM) 0-1000m (NM) 1OOO-2000m
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342 342 342.00 342.00 0.00
- ---------------------------
SEA-ME-WE 'B' 1420 1420 210.00 210.00 156.00
- ---------------------------
SEA-ME-WE 'C'* 2336 1410 126.00 72.00 144.00
- ---------------------------
SIN-HON-TAI 'A' 1617 1617 650.40 650.40 236.10
- ---------------------------
SIN-HON-TAI 'B' 728 728 270.50 270.50 45.40
- ---------------------------
A-I-S 'A'* 1850 1122 71.00 43.06 52.00
- ---------------------------
A-I-S 'B' 539 539 532.90 532.90 0.00
- ---------------------------
ASEAN M S-T (S M) 223 223 38.74 38.74 0.00
- ---------------------------
ASEAN M S-T (M-T) 330 330 48.56 48.56 0.00
- ---------------------------
ASEAN P-S 1502 1502 582.40 582.40 63.70
- ---------------------------
ASEAN I-S 569 569 178.20 178.20 0.00
- ---------------------------
IOCOM 1349 1349 319.64 319.64 148.70
- ---------------------------
475 475 199.20 199.20 123.20
- ---------------------------
I AII U 552 552 105.50 105.50 16.00
- ---------------------------
I AIGU* 1664 832 86.40 43.20 38.80
- ---------------------------
KUANIAN KUCHING* 466 233 6.48 3.24 0.00
- ---------------------------
HJK 1082 1082 114.90 114.90 92.11
- ---------------------------
HONTAI 2 395 395 98.70 98.70 1.80
- ---------------------------
KUANIAN KOIAKINABALU* 803 502 244.70 152.98 184.80
- ---------------------------
SURABYA-BANJARMASIN* 209 105 8.70 4.37 0.00
- ---------------------------
B-S 843 843 106.40 106.40 102.10
- ---------------------------
B M P B1 126 126 13.80 13.80 41.15
- ---------------------------
B M-P B2 85 85 26.07 26.07 7.05
- ---------------------------
B M-P B3 607 607 30.59 30.59 252.51
- ---------------------------
<CAPTION>
- -----------------------------------------------------------------------------------------------------------
SCHEDULE P
Issue 1 (Page 1 of 8)
October 1st 1995
- -----------------------------------------------------------------------------------------------------------
ROV
Chargeable B Accounting
L2 Buried Chargeable B Units Cost Allocation to each
Cable System (NM) Length (NM) (RAUs) Scheduled Cables (%)
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 0.00 0.00 0.00 342.00 1.624%
- ---------------------------
SEA-ME-WE 'B' 156.00 0.00 0.00 0.00 288.00
- ---------------------------
SEA-ME-WE 'C'* 78.00 0.00 0.00 111.00 0.527%
- ---------------------------
SIN-HON-TAI 'A' 236.10 110.50 110.50 120.10 120.10
- ---------------------------
SIN-HON-TAI 'B' 45.40 120.10 120.10 773.60 3.613%
- ---------------------------
A-I-S 'A'* 31.54 0.00 0.00 58.83 0.279%
- ---------------------------
A-I-S 'B' 0.00 0.00 0.00 532.90 2.530%
- ---------------------------
ASEAN M S-T (S M) 0.00 171.26 171.26 723.28 3.434%
- ---------------------------
ASEAN M S-T (M-T) 0.00 278.21 278.21 1161.40 5.514%
- ---------------------------
ASEAN P-S 63.70 0.00 0.00 614.25 2.916%
- ---------------------------
ASEAN I-S 0.00 390.80 390.80 1741.40 8.267%
- ---------------------------
IOCOM 148.70 82.90 82.90 725.59 3.445%
- ---------------------------
123.20 0.00 0.00 260.80 1.238%
- ---------------------------
I AII U 16.00 0.00 0.00 113.50 0.539%
- ---------------------------
I AIGU* 19.40 0.00 0.00 52.90 0.251%
- ---------------------------
KUANIAN KUCHING* 0.00 445.90 222.95 895.04 4.429%
- ---------------------------
HJK 92.11 30.40 30.40 282.56 1.341%
- ---------------------------
HONTAI 2 1.80 159.20 159.20 736.40 3.496%
- ---------------------------
KUANIAN KOIAKINABALU* 115.53 288.07 180.09 931.09 4.420%
- ---------------------------
SURABYA-BANJARMASIN* 0.00 200.30 100.63 406.89 1.932%
- ---------------------------
B-S 102.10 567.20 567.20 2426.25 11.519%
- ---------------------------
B M P B1 41.15 49.64 49.64 232.94 1.106%
- ---------------------------
B M-P B2 7.05 45.45 45.45 211.40 1.004%
- ---------------------------
B M-P B3 252.51 19.52 19.52 234.93 1.115%
- ---------------------------
</TABLE>
1
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
- --------------------------------------------------------------------------------------------
E L1 L2
Chargeable Unburied Chargeable Unburied
Total Sheath Sheath Length L1 Length
Cable System Mileage (NM) Mileage (NM) 0-1000m (NM) 1OOO-2000m
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
TP 1 TAIWAN-PENGFU* 47 24 1.50 0.77 0.00
- ---------------------------
TM 1 TAYUAN-MATZ* 149 75 1.90 0.96 0.00
- ---------------------------
PK 1 PENFU-KINMEN* 80 40 1.90 0.95 0.00
- ---------------------------
APC Seg B1 (S-B1) 102 102 90.35 90.35 0.00
- ---------------------------
APC Seg B2 (K-B1) 160 160 0.00 0.00 0.00
- ---------------------------
APC Seg B3 (B1-2) 1290 1290 396.75 396.75 190.67
- ---------------------------
APC Seg B4(H-B2) 225 225 8.86 8.86 39.94
- ---------------------------
APC Seg B5 (B2-3) 717 717 0.00 0.00 73.01
- ---------------------------
APC Seg B6 (T-B3) 196 196 96.98 96.68 4.18
- ---------------------------
APC Seg B7 (B3-N) 236 236 0.00 0.00 97.48
- ---------------------------
SEA-ME-WE 2 (SEG 1) 555 555 528.00 528.00 0.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.1) 2037 2037 130.00 130.00 38.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.2) 31 31 18.00 18.00 14.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.3)* 842 647 0.00 0.00 130.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.4)* 405 203 28.00 14.00 12.00
- ---------------------------
SEA-ME-WE 2 (SEG 2.5) 1564 782 102.00 51.00 310.00
- ---------------------------
MALAYSIA DOM SOUTH* 1271 636 72.96 36.51 284.64
- ---------------------------
<CAPTION>
- -----------------------------------------------------------------------------------------------------------
SCHEDULE P
Issue 1 (Page 2 of 8)
October 1st 1995
- -----------------------------------------------------------------------------------------------------------
ROV
Chargeable B Accounting
L2 Buried Chargeable B Units Cost Allocation to each
Cable System (NM) Length (NM) (RAU's) Scheduled Cables (%)
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
TP 1 TAIWAN-PENGFU* 0.00 45.50 23.23 93.70 0.445%
- ---------------------------
TM 1 TAYUAN-MATZ* 0.00 147.10 74.04 297.13 1.411%
- ---------------------------
PK 1 PENFU-KINMEN* 0.00 78.10 39.05 157.15 0.746%
- ---------------------------
APC SEG B1 (S-B1) 0.00 5.35 5.35 111.75 0.531%
- ---------------------------
APC Seg B2 (K-B1) 0.00 158.17 158.17 632.68 3.004%
- ---------------------------
APC Seg B3 (B1-2) 190.67 0.00 0.00 492.09 2.336%
- ---------------------------
APC Seg B4(H-B2) 39.94 141.65 141.65 595.43 2.827%
- ---------------------------
APC Seg B5 (B2-3) 73.01 0.00 0.00 36.51 0.173%
- ---------------------------
APC Seg B6 (T-B3) 4.18 0.00 0.00 99.07 0.470%
- ---------------------------
APC Seg B7 (B3-N) 97.48 0.00 0.00 48.74 0.231%
- ---------------------------
SEA-ME-WE 2 (SEG 1) 0.00 28.00 28.00 640.00 3.038%
- ---------------------------
SEA-ME-WE 2 (SEG 2.1) 38.00 12.00 12.00 197.00 0.935%
- ---------------------------
SEA-ME-WE 2 (SEG 2.2) 14.00 0.00 0.00 25.00 0.119%
- ---------------------------
SEA-ME-WE 2 (SEG 2.3)* 115.00 0.00 0.00 57.50 0.273%
- ---------------------------
SEA-ME-WE 2 (SEG 2.4)* 6.00 115.00 57.50 247.00 1.173%
- ---------------------------
SEA-ME-WE 2 (SEC 2.5) 155.00 0.00 0.00 128.50 0.610%
- ---------------------------
MALAYSIA DOM SOUTH* 142.43 1,013.93 507.36 2137.18 10.146%
- ---------------------------------------------------------------------------------------------------------
Total RAUs 21063.80 100.000%
- ---------------------------------------------------------------------------------------------------------
* Discounted in accordance with Schedule D2 Pages 1-4
ROV Accounting Units (RAUs) = L1 + 0.5L2 + 4B
- ---------------------------------------------------------------------------------------------------------
</TABLE>
2
<PAGE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Liability for Payment
- -----------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKTI ETPI KDD
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342.00 1.624% 0.812% 0.812%
- ------------------
SEA-ME-WE 'B' 288.00 1.367% 0.684% 0.684%
- ------------------
SEA-ME-WE 'C' 111.00 0.527% 0.263% 0.263%
- ------------------
SIN-HON-TAI 'A' 1210.45 5.747% 2.873% 2.873%
- ------------------
SIN-HON-TAI 'B' 773.60 3.673% 1.863%
- ------------------
A-I-S 'A'* 58.58 0.279% 0.140%
- ------------------
A-I-S 'B' 532.90 2.530% 1.265% 1.265%
- ------------------
ASEAN MSI (S M) 723.28 3.434% 0.955% 0.955% 1.525%
- ------------------
ASEAN MSI (LI-I) 1161.40 5.514% 1.533% 1.533% 2.448%
- ------------------
ASEAN P S 614.25 2.916% 1.458% 1.458%
- ------------------
ASEAN I S 1741.40 8.267% 4.134% 4.134%
- ------------------
IOCOM 725.59 3.445% 1.722% 1.722%
- ------------------
LUHO 260.80 1.238% 0.413% 0.413% 0.413%
- ------------------
IAILU 113.50 0.935% 0.269%
- ------------------
IAIGU 52.90 0.251%
- ------------------
KUANIAN KUCH 895.04 4.249% 4.249%
- ------------------
HJK 282.56 1.341% 0.671% 0.671%
- ------------------
HONJAI 736.40 3.496% 1.748%
- ------------------
KUANIAN-KK 931.09 4.420% 4.420%
- ------------------
SURABYA-BANJ 406.89 1.932%
- ------------------
B-S 2426.25 11.519% 5.759%
- ------------------
B M P B1 232.94 1.106% 0.368%
- ------------------
B M-P B2 211.40 1.004% 0.335%
- ------------------
B M-P B3 234.93 1.115% 0.371%
- ------------------
<CAPTION>
- ---------------------------------------------------------------------------------------------------
SCHEDULE P
Issue 1 (Page 3 of 8)
October 1st 1995
- ---------------------------------------------------------------------------------------------------
TELS PT
Cable System ITDC TRN JTB PLDT TEL IDC VNPT TOTAL
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 1.624%
- ------------------
SEA-ME-WE 'B' 1.367%
- ------------------
SEA-ME-WE 'C' 0.527%
- ------------------
SIN-HON-TAI 'A' 5.747%
- ------------------
SIN-HON-TAI 'B' 1.836% 3.673%
- ------------------
A-I-S 'A'* 0.140% 0.279%
- ------------------
A-I-S 'B' 2.530%
- ------------------
ASEAN MSI (S M) 3.434%
- ------------------
ASEAN MSI (LI-I) 5.514%
- ------------------
ASEAN P S 2.916%
- ------------------
ASEAN I S 2.267%
- ------------------
IOCOM 3.445%
- ------------------
LUHO 1.238%
- ------------------
IAILU 0.269% 0.539%
- ------------------
IAIGU 0.251% 0.251%
- ------------------
KUANIAN KUCH 4.249%
- ------------------
HJK 1.341%
- ------------------
HONJAI 1.748% 3.496%
- ------------------
KUANIAN-KK 4.420%
- ------------------
SURABYA-BANJ 1.932% 1.932%
- ------------------
B-S 5.759% 11.519%
- ------------------
B M P B1 0.368% 0.369% 1.106%
- ------------------
B M-P B2 0.334% 0.334% 1.004%
- ------------------
B M-P B3 0.373% 0.371% 1.115%
- --------------------------------------------------------------------------------------------
</TABLE>
3
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Liability for Payment
- ------------------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKTI ETPI KDD
- -------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TP 1 93.70 0.445%
- -------------------
TM 1 297.13 1.411%
- -------------------
PK 1 157.15 0.746%
- -------------------
APC B1 (S B1) 111.75 0.531% 0.088% 0.088% 0.088% 0.088%
- -------------------
APC B2 (K B1) 632.68 3.004% 0.501% 0.501% 0.501% 0.501%
- -------------------
APC B3 (B1-2) 492.09 2.336% 0.389% 0.389% 0.389% 0.389%
- -------------------
APC B4 (H B2) 595.43 2.827% 0.471% 0.471% 0.471% 0.471%
- -------------------
APC B5 (B2-3) 36.51 0.173% 0.029% 0.029% 0.029% 0.029%
- -------------------
APC B6 (I-B3) 99.07 0.470% 0.078% 0.078% 0.078% 0.078%
- -------------------
APC B7 (B3-N) 48.74 0.231% 0.039% 0.039% 0.039% 0.039%
- -------------------
SEA-ME-WE 2 (S1) 640.00 3.038% 0.608% 0.608% 0.608% 0.608% 0.608%
- -------------------
SEA-ME-WE 2 (2.1) 197.00 0.935% 0.187% 0.187% 0.187% 0.187% 0.187%
- -------------------
SEA-ME-WE 2 (2.2) 25.00 0.119% 0.024% 0.024% 0.024% 0.024% 0.024%
- -------------------
SEA-ME-WE 2 (2.3) 57.50 0.273% 0.055% 0.055% 0.055% 0.055% 0.055%
- -------------------
SEA-ME-WE 2 (2.4) 247.00 1.173% 0.235% 0.235% 0.235% 0.235% 0.235%
- -------------------
SEA-ME-WE 2 (2.5) 128.50 0.610% 0.122% 0.122% 0.122% 0.122% 0.122%
- -------------------
MSIA DOM SOUTH 2137.18 10.146% 10.146%
- ------------------------------------------------------------------------------------------------------------------------------------
Total 21063.80 100.000% 21.613% 25.696% 8.263% 3.973% 1.493% 3.636% 1.493% 9.136% 2.140% 2.679%
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- --------------------------------------------------------------------------------------------
SCHEDULE P
Issue 1 (Page 4 of 8)
October 1st 1995
- --------------------------------------------------------------------------------------------
TELS PT SWM
Cable System ITDC TRA JTB PLDT TEL IDC VNPT CPV TOTAL
- -----------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TP 1 0.445% 0.445%
- -----------------
TM 1 1.411% 1.411%
- -----------------
PK 1 0.746% 0.746%
- -----------------
APC B1 (S B1) 0.088% 0.088% 0.531%
- -----------------
APC B2 (K B1) 0.501% 0.501% 3.004%
- -----------------
APC B3 (B1-2) 0.389% 0.389% 2.336%
- -----------------
APC B4 (H B2) 0.471% 0.471% 2.827%
- -----------------
APC B5 (B2-3) 0.029% 0.029% 0.173%
- -----------------
APC B6 (I-B3) 0.078% 0.078% 0.470%
- -----------------
APC B7 (B3-N) 0.039% 0.039% 0.231%
- -----------------
SEA-ME-WE 2 (S1) 3.038%
- -----------------
SEA-ME-WE 2 (2.1) 0.935%
- -----------------
SEA-ME-WE 2 (2.2) 0.119%
- -----------------
SEA-ME-WE 2 (2.3) 0.273%
- -----------------
SEA-ME-WE 2 (2.4) 1.173%
- -----------------
SEA-ME-WE 2 (2.5) 0.610%
- -----------------
MSIA DOM SOUTH 10.146%
- -------------------------------------------------------------------------------------------
Total 8.302% 0.140% 6.834% 1.75% 1.932% 1.595% 0.000% 100.000%
- -------------------------------------------------------------------------------------------
</TABLE>
4
<PAGE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (CWM Operated Facilities)
- --------------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKT1 ETPI KDD
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342.00 1.624%
- -----------------
SEA-ME-WE 'B' 288.00 1.367%
- -----------------
SEA-ME-WE 'C' 111.00 0.527% 5.747%
- -----------------
SIN-HON-TAI 'A' 1210.45 5.747% 3.673%
- -----------------
SIN-HON-TAI 'B' 773.60 3.673%
- -----------------
A-I-S 'A' 58.83 0.279% 0.139%
- -----------------
A-I-S 'B' 532.90 2.530% 1.265% 1.265%
- -----------------
ASEAN MST (S-M) 732.28 3.434% 0.955% 0.955% 1.524%
- -----------------
ASEAN MAST (M-1) 1161.40 5.514% 1.533% 1.533% 2.448%
- -----------------
ASEAN P-S 614.25 2.916% 1.458% 1.458%
- -----------------
ASEAN I-S 1741.40 8.267% 4.134% 4.133%
- -----------------
IOCOM 725.59 3.445% 3.445%
- -----------------
LUHO 260.80 1.238% 1.238%
- -----------------
IAILU 113.50 0.539% 0.539%
- -----------------
IAIGU 52.90 0.251%
- -----------------
KUANIAN KUCH 895.04 4.249% 4.249%
- -----------------
HJK 282.56 1.341% 1.341%
- -----------------
HONTAIZ 736.40 3.496% 3.496%
- -----------------
KUANIAN-KK 931.09 4.420% 4.420%
- -----------------
SURABAYA-BANJ 406.89 1.932% 5.760%
- -----------------
B-S 2426.25 11.519%
- -----------------
B-M-P B1 232.94 1.106% 0.369%
- -----------------
B-M-P B2 211.40 1.004% 0.335%
- -----------------
B-M-P B3 234.93 1.115% 0.371%
- -----------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ---------------------------------------------------------------------------------------------
SCHEDULE P
Issue 1 (Page 5 of 8)
October 1st 1995
- ---------------------------------------------------------------------------------------------
TELS PT
Cable System ITDC TRA JTB PLDT TEL IDC VNPT TOTAL
- -----------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 1.624% 1.624%
- -----------------
SEA-ME-WE 'B' 1.367% 1.367%
- -----------------
SEA-ME-WE 'C' 0.527% 0.527%
- -----------------
SIN-HON-TAI 'A' 5.747%
- -----------------
SIN-HON-TAI 'B' 3.673%
- -----------------
A-I-S 'A' 0.279%
- -----------------
A-I-S 'B' 2.530%
- -----------------
ASEAN MST (S-M) 3.434%
- -----------------
ASEAN MAST (M-1) 5.514%
- -----------------
ASEAN P-S 2.916%
- -----------------
ASEAN I-S 8.267%
- -----------------
IOCOM 3.445%
- -----------------
LUHO 1.238%
- -----------------
IAILU 0.539%
- -----------------
IAIGU 0.251% 0.251%
- -----------------
KUANIAN KUCH 4.249%
- -----------------
HJK 1.341%
- -----------------
HONTAIZ 3.496%
- -----------------
KUANIAN-KK 4.420%
- -----------------
SURABAYA-BANJ 1.932%
- -----------------
B-S 5.759% 1.932% 11.519%
- -----------------
B-M-P B1 0.368% 0.369% 1.106%
- -----------------
B-M-P B2 0.335% 0.334% 1.004%
- -----------------
B-M-P B3 0.372% 0.372% 1.115%
- ---------------------------------------------------------------------------------------------
</TABLE>
5
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (CWM Operated Facilities)
- ------------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKTI ETPI KDD
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TP 1 93.70 0.445%
TM 1 297.13 1.411%
PK 1 157.15 0.746%
APC B1 (S-B1) 111.75 0.531% 0.531%
APC B2 (K-B1) 632.68 3.004% 3.004%
APC B3 (B1-2) 492.09 2.336% 2.336%
APC B4 (H-B2) 595.43 2.827% 2.827%
APC B5 (B2-3) 36.51 0.173% 0.173%
APC B6 (T-B3) 99.07 0.470% 0.470%
APC B7 (B3-N) 48.74 0.231% 0.231%
SEA-ME-WE 2 (S1) 640.00 3.038%
SEA-ME-WE 2 (2.1) 197.00 0.935%
SEA-ME-WE 2 (2.2) 25.00 0.119%
SEA-ME-WE 2 (2.3) 57.50 0.273%
SEA-ME-WE 2 (2.4) 247.00 1.173%
SEA-ME-WE 2 (2.5) 128.50 0.610%
MSIA DOM SOUTH 2137.18 10.146% 10.146%
Total 21063.80 100.000% 24.677% 25.823% 5.537% 3.972% 0.000% 0.000% 0.000% 15.105% 1.997% 0.000%
- ------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------------------
SCHEDULE P
Issue 1 (Page 6 of 8)
October 1st 1995
- ------------------------------------------------------------------------------------------------------
TELS PT SWM
Cable System ITDC TRA JTB PLDT TEL IDC VNPT CBP TOTAL
- ------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TP 1 0.445% 0.445%
TM 1 1.411% 1.411%
PK 1 0.746% 0.746%
APC B1 (S-B1) 0.531%
APC B2 (K-B1) 3.004%
APC B3 (B1-2) 2.336%
APC B4 (H-B2) 2.827%
APC B5 (B2-3) 0.173%
APC B6 (T-B3) 0.470%
APC B7 (B3-N) 0.231%
SEA-ME-WE 2 (S1) 3.038% 3.038%
SEA-ME-WE 2 (2.1) 0.935% 0.935%
SEA-ME-WE 2 (2.2) 0.119% 0.119%
SEA-ME-WE 2 (2.3) 0.273% 0.273%
SEA-ME-WE 2 (2.4) 1.173% 1.173%
SEA-ME-WE 2 (2.5) 0.610% 0.610%
MSIA DOM SOUTH 10.146%
Total 2.853% 0.140% 6.834% 1.075% 1.932% 0.000% 0.000% 9.666% 100.000%
- ------------------------------------------------------------------------------------------------------
</TABLE>
6
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (ACPL Operated Facilities)
- ------------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKTI ETPI KDD
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 342.00 1.624%
SEA-ME-WE 'B' 288.00 1.367%
SEA-ME-WE 'C' 111.00 0.527%
SIN-HON-TAI 'A' 1210.45 5.747% 5.747%
SIN-HON-TAI 'B' 773.60 3.673% 3.673%
A-I S 'A' 58.83 0.279% 0.139%
A-I-S 'B' 532.90 2.530% 1.265% 1.265%
ASEAN MSI (S M) 723.28 3.434% 0.955% 0.955% 1.524%
ASEAN MSI (LI-I) 1161.40 5.514% 1.533% 1.533% 2.448%
ASEAN P S 614.25 2.916% 1.458% 1.458%
ASEAN I S 1741.40 8.267% 4.134% 4.133%
IOCOM 725.59 3.445% 3.445%
LUHO 260.80 1.238% 1.238%
IAILU 113.50 0.539% 0.539%
IAIGU 52.90 0.251%
KUANIAN KUCH 895.04 4.249% 4.249%
HJK 282.56 1.341% 1.341%
736.40 3.496% 3.496%
KUANIAN-KK 931.09 4.420% 4.420%
SURABAYA-BANJ 406.89 1.932%
B-S 2426.25 11.519% 5.760%
B-M-P B1 232.94 1.106% 0.369%
B-M-P B2 211.40 1.004% 0.335%
B-M-P B3 234.93 1.115% 0.371%
- ------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------------------
SCHEDULE P
Issue 1 (Page 7 of 8)
October 1st 1995
- ------------------------------------------------------------------------------------------------------
TELS PT SWM
Cable System ITDC TRA JTB PLDT TEL IDC VNPT CBP TOTAL
- ------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SEA-ME-WE 'A' 1.624% 1.624%
SEA-ME-WE 'B' 1.367% 1.367%
SEA-ME-WE 'C' 0.527% 0.527%
SIN-HON-TAI 'A' 5.747%
SIN-HON-TAI 'B' 3.673%
A-I S 'A' 0.140% 0.279%
A-I-S 'B' 2.530%
ASEAN MSI (S M) 3.434%
ASEAN MSI (LI-I) 5.514%
ASEAN P S 2.916%
ASEAN I S 8.267%
IOCOM 3.445%
LUHO 1.238%
IAILU 0.539%
IAIGU 0.251% 0.251%
KUANIAN KUCH 4.249%
HJK 1.341%
3.496%
KUANIAN-KK 4.420%
SURABAYA-BANJ 1.932% 1.932%
B-S 5.759% 11.519%
B-M-P B1 0.368% 0.369% 1.106%
B-M-P B2 0.335% 0.334% 1.004%
B-M-P B3 0.372% 0.372% 1.115%
- ------------------------------------------------------------------------------------------------------
</TABLE>
7
<PAGE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
ROV COST ALLOCATION TO SCHEDULED CABLES
Billing Parties (ACPL Operated Facilities)
- -------------------------------------------------------------------------------------------------------------------------------
Allocation
to each
Total Scheduled SING INDO
Cable System RAUs Cable (%) TEL TM SAT CAT SLT VSNL OPT HKTI EPTI KDD ITDC
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TP I 93.70 0.445% 0.445%
TM I 297.13 1.411% 1.411%
PK I 157.15 0.746% 0746%
APCB1 (S B1) 111.75 0.531% 0.531%
APC B2 (K B1) 632.68 3.004% 3.004%
APC B3 (Bl-2) 492.09 2.336% 2.336%
APC B4 (H B2) 595.43 2.827% 2.827%
APC B5 (B2-3) 36.51 0.173% 0.173%
APC B6 (I-B3) 99.07 0.470% 0.470%
APC B7 (B3-N) 48.74 0.231% 0.231%
SEA-ME-WE 2 (S1) 640.00 3.038%
SEA-ME-WE 2 (2.1) 197.00 0.935%
SEA-ME-WE 2 (2.2) 25.00 0.119%
SEA-ME-WE 2 (2.3) 57.50 0.273%
SEA-ME-WE 2 (2.4) 247.00 1.173%
SEA-ME-WE 2 (2.5) 128.50 0.610%
MSIA DOM SOUTH 2137.18 10.146% 10.146%
Total 21063.80 100.000% 24.677% 25.823% 5.537% 3.972% 0.000% 0.000% 0.000% 15.495% 1.997% 0.000% 2.853%
- -------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------
SCHEDULE P
ROV COST ALLOCATION TO SCHEDULED CABLES Issue 1 (Page 8 of 8)
Billing Parties (ACPL Operated Facilities) October 1st 1995
- ------------------------------------------------------------------------------------
TELS SMW
Cable System TRA JTB PLDT PT TEL IDC VNPT CBP TOTAL
<S> <C> <C> <C> <C> <C> <C> <C> <C>
TP I 0.445%
TM I 1.411%
PK I 0.746%
APCB1 (S B1) 0.531%
APC B2 (K B1) 3.004%
APC 133 (Bl-2) 2.336%
APC B4 (H B2) 2.827%
APC 135 (B2-3) 0.173%
APC B6 (1-B3) 0.470%
APC B7 (B3-N) 0.231%
SEA-ME-WE 2 (S1) 3.038% 3.038%
SEA-ME-WE 2 (2.1) 0.935% 0.935%
SEA-ME-WE 2 (2.2) 0.119% 0.119%
SEA-ME-WE 2 (2.3) 0.273% 0.273%
SEA-ME-WE 2 (2.4) 1.173% 1.173%
SEA-ME-WE 2 (2.5) 0.610% 0.610%
MSIA DOM SOUTH 10.146%
Total 0.140% 6.834% 1.075% 1.932% 0.000% 0.000% 9.666% 100.000%
- ------------------------------------------------------------------------------------
</TABLE>
8
<PAGE>
Ex-10.23
Schedules to
Atlantic Cable and
Maintenance Agent
<PAGE>
Schedule B
Procedures for the Derivation of Accounting Units for Scheduled Cables
This Schedule B provides procedures for the derivation of Accounting Units for
analogue and fibre-optic Scheduled Cables. Accounting Units for each Scheduled
Cable and the percentage shares of Accounting Units for each Maintenance
Authority are shown in Schedule B1 and Schedule B2 annexed to this Schedule B.
Accounting Units for analogue and fibre-optic Scheduled Cables are based on the
procedures contained in this Schedule B and Schedules B1 and B2 are prepared in
accordance with Article 13.
1 Accounting Unit Components and Formulae
1.1 Accounting Unit Components
1.1.1 The Accounting Units for analogue and fibre-optic Scheduled Cables
are derived using the formulae contained in Paragraphs 1.2 and 1.3 of this
Schedule B.
1.1.2 The formulae comprise one or more of the following components:
L = total length of a Scheduled Cable in nautical miles.
S = (i) for the Eastern Zone, the number of nautical miles of a
Scheduled Cable which lie south of that point on such Scheduled
Cable which is 2000 (two thousand) nautical miles south from Vigo
or, if pursuant to this Agreement a Base Port is established further
south than Vigo, 2000 (two thousand) nautical miles south from such
Base Port;
(ii) for the Western Zone, the number of nautical miles of a
Scheduled Cable which lie south of that point on such Scheduled
Cable which is 2000 (two thousand) nautical miles south from Bermuda
or, if pursuant to this Agreement a Base Port is established further
south than Bermuda, 2000 (two thousand) nautical miles south from
such Base Port;
Na = number of circuits in use by an analogue Scheduled Cable.
For an analogue Scheduled Cable which contains both international and
non-international circuits and which is owned and operated by one
Maintenance Authority and where:
x = number of international circuits in use; and
y = number of non-international circuits in use; then
Na = (x/y)
Schedule B Page 1 of 10
- --------------------------------------------------------------------------------
<PAGE>
Aa = Accounting Units for an analogue Scheduled Cable carrying only
international circuits.
Ba = Accounting Units for an analogue Scheduled Cable carrying only
non-international circuits and owned and operated by one
Maintenance Authority.
Ca = Accounting Units for an analogue Scheduled Cable carrying both
international and non-international circuits and owned and
operated by one Maintenance Authority.
Da = Accounting Units for an analogue Scheduled Cable containing a
section "S".
Af = Accounting Units a for a fibre-optic Scheduled Cable.
Df = Accounting Units for a fibre-optic Scheduled Cable containing
a section "S".
Afm = Accounting Units for a fibre-optic Scheduled Cable which has
introduced additional Notional Capacity.
Dfm = Accounting Units for a fibre-optic Scheduled Cable containing
a section "S" and which has introduced additional Notional
Capacity.
MAUO = Minimum Assignable Unit of Ownership consisting of 64,000
usable bits per second or such other standard as the CCITT may
adopt and the Management Committee may agree.
NC = The value of the Notional Capacity of a fibre-optic Scheduled
Cable at the date of its introduction into this Agreement or a
previous ACMA agreement, and which is expressed in MAUOs.
NC1 = The amount of NC which is less than or equal to BP1 MAUOs.
NC2 = The amount of NC which is greater than BP1 MAUOs but less than
or equal to BP2 MAUOs.
NC3 = The amount of NC which is greater than BP2 MAUOs.
The actual values of BP1 and BP2 are as shown in the table below.
- --------------------------------------------------------------------------------
AGREEMENT YEAR 1998 1999 2000
- --------------------------------------------------------------------------------
BP1 40000 27500 15000
- --------------------------------------------------------------------------------
BP2 50000 37500 25000
- --------------------------------------------------------------------------------
Schedule B Page 2 of 10
- --------------------------------------------------------------------------------
<PAGE>
NCa, NCb, NCc,.....NCn = the incremental amounts of Notional
Capacity added to a Scheduled Cable on successive occasions.
NC1A, NC2A, NC3A; NC1B, NC2B, NC3B;.....NC1n, NC2n, NC3n = the
parameters associated with the above incremental amounts of Notional
Capacity added to a Scheduled Cable on successive occasions and
which are calculated in accordance with paragraph 3.3.2.3 of this
Schedule B.
Fill Factor (or "FF") = a percentage factor used to approximate the
actual utilisation of a fibre-optic
Scheduled Cable.
FF1 = Fill Factor applicable to the Notional
Capacity of a fibre-optic Scheduled Cable at
its date of introduction into this
Agreement.
FF2, FF3,...FFn = Fill Factors applicable to additional
Notional Capacity added to a Scheduled Cable
on successive occasions.
1.1.3 Fill Factors shall be as shown in the tables below and shall be applied on
the basis of the number of years of service applicable to a fibre-optic
Scheduled Cable at its date of introduction into this Agreement. Where the
Notional Capacity of a fibre-optic Scheduled Cable is not expected to be
fully-utilised within seven years, the ten-year fill factors may, with the
approval of the Management Committee, be used. In all other cases the seven-year
fill factors shall be used.
Seven-Year Fill Factors
-----------------------
Years of Service Fill Factor
---------------- -----------
Early entry up to RFS Date 0
RFS Date up to 1 0.30
1-2 0.50
2-3 0.65
3-4 0.75
4-5 0.85
5-6 0.95
6-7 1.00
Schedule B Page 3 of 10
- --------------------------------------------------------------------------------
<PAGE>
Ten-Year Fill Factors
---------------------
Years of Service Fill Factor
---------------- -----------
Early entry up to RFS Date 0
RFS Date up to 1 0.19
1-2 0.28
2-3 0.37
3-4 0.46
4-5 0.55
5-6 0.64
6-7 0.73
7-8 0.82
8-9 0.91
9-10 1.00
1.2 Derivation of Accounting Units for Analogue Scheduled Cables
1.2.1 The Accounting Units for an analogue Scheduled Cable shall be derived
using the relevant formula selected from the following formulae:
1.2.1.1 For a Scheduled Cable carrying only international circuits:
Accounting Units. Aa = ((L/3)+((Na*L)/l000))
1.2.1.2 For a Scheduled Cable carrying only non-international circuits,
and owned and operated by one Maintenance Authority:
Accounting Units. Ba = (Aa/3)
1.2.1.3 For a Scheduled Cable carrying both international and
non-international circuits, and which is owned and operated by one
Maintenance Authority:
Accounting Units. Ca = ((x+(y/3))*Aa/Na)
1.2.1.4 For a Scheduled Cable containing a Section S:
Accounting Units. Da = Aa-(0.5*(S/3+(Na*S/1000)))
Schedule B Page 4 of 10
- --------------------------------------------------------------------------------
<PAGE>
1.3 Derivation of Accounting Units for Fibre-Optic Scheduled Cables
1.3.1 The Accounting Units for a fibre-optic Scheduled Cable shall be derived by
using the relevant formula selected from the following formulae:
1.3.1.1 For a Scheduled Cable not containing a Section "S":
Accounting Units. Af =
L*(1+(((FF1*NC1)+(FF1*NC2*0.1)+(FF1*NC3*0.05))/725))
1.3.1.2 For a Scheduled Cable containing a Section "S":
Accounting Units. Df =
Af-((S/2)(1+(((FF1*NCI)+(FF1*NC2*0.1)+(FF1*NC3*0.05))/725)))
2 Procedures for Updating Schedules B1 and B2
2.1 General
2.1.1 In accordance with Article 13, Schedules B1 and B2 shall be revised
and re-issued quarterly by the Schedule B Party. The re-issued Schedules
B1 and B2 shall reflect the Accounting Units in effect for that particular
quarter.
2.1.2 There shall be only one Schedule B1 and one Schedule B2 in effect
for any one quarter.
2.1.3 Where a Scheduled Cable has more than one Maintenance Authority
and/or segment, the Accounting Units relevant to each Maintenance
Authority and/or segment shall be displayed separately on Schedule B1
and/or B2, as appropriate.
2.1.4 Each Maintenance Authority shall, for any Scheduled Cable for which
they have Maintenance Authority responsibility, submit to the Schedule B
Party written notification of any planned changes which affect billing and
which are planned to take effect during the next quarter. This
notification shall be sent via fax by the 15th day of the month preceding
the month when the Schedule B1 and/or B2 is due to be sent to the Central
Billing Party (ie 15 October for the 1st quarter; 15 January for the 2nd
quarter; 15 April for the 3rd quarter; and 15 July for the 4th quarter.
Examples of such changes include but are not limited to: Scheduled Cable
additions, Scheduled Cable retirements and changes in Notional Capacity.
Schedule B Page 5 of 10
- --------------------------------------------------------------------------------
<PAGE>
2.1.5 In those cases where such changes referred to in paragraph 2.1.4 of
this Schedule B are submitted to the Schedule B Party on or before the
dates listed above, the Schedule B Party shall incorporate these changes
in the Schedule B1 and/or B2 which is submitted to the Central Billing
Party for the following quarter, (ie by 1 November for the 1st quarter; by
1 February for the 2nd quarter; by 1 May for the 3rd quarter; and by 1
August for the 4th quarter).
2.1.6 In those cases where such chances referred to in paragraph 2.1.4 of
this Schedule B are submitted to the Schedule B Party after the required
dates, the Schedule B Party shall incorporate such changes in the next
issue of Schedule B1 and/or B2 to that indicated in paragraph 2.1.5 of
this Schedule B.
2.1.7 If such a planned change actually occurs on a date different to the
one estimated in the original written notification to the Schedule B Party
pursuant to paragraph 2.1.4 of this Schedule B, the Maintenance Authority
shall so notify the Schedule B Party as soon as possible, in writing, of
the original planned date specified and the date that the change actually
occurred. The Schedule B Party shall prepare a revised Schedule B1 and/or
B2, indicating the correction and shall submit this to the Central Billing
Party. The Schedule B Party shall also notify the Central Billing Party of
any changes which affect billing and which have been sent to the Schedule
B Part after the fact. The Central Billing Party shall use this
information to make any required adjustments to the billing. Such
adjustments shall take place once per Agreement Year, in June.
2.2 Analogue Scheduled Cables
2.2.1 Within one month after 1 January and 1 July in each Agreement Year,
the relevant Maintenance Authority shall inform the Schedule B Party of
the number of bearer circuits normally in use on such dates for each
analogue Scheduled Cable for which it is responsible. If such information
is not received on the due date, the Schedule B Party shall use its best
judgement to estimate the appropriate number of circuits.
2.2.2 Based on such information so received or estimated, the Schedule B
Party shall update the Accounting Units in Schedule B1 and/or B2 for each
analogue Scheduled Cable in accordance with the formulae in this Schedule
B.
2.3 Fibre-Optic Scheduled Cables
2.3.1 On 1 January in each Agreement Year, the Fill Factor for each
fibre-optic Scheduled Cable shall be updated by means of annual
incremental progression in accordance with the tables included in
paragraph 1.1.3 of this Schedule B.
Schedule B Page 6 of 10
- --------------------------------------------------------------------------------
<PAGE>
2.3.2 Notwithstanding the provisions of paragraph 2.3.1 of this Schedule
B, for a Scheduled Cable which is introduced into this Agreement and which
has a RFS Date which lies between 1 January and 30 June inclusive, the
Fill Factor for such Scheduled Cable shall be updated in Schedule B1
and/or B2 on the 1 January following the introduction of such Scheduled
Cable into this Agreement. Thereafter, Schedule B1 and/or B2 shall be
updated on an annual basis in accordance with the provisions of paragraph
2.3.1 of this Schedule B.
2.3.3 Notwithstanding the provisions of paragraph 2.3.l of this Schedule
B, for a Scheduled Cable which is introduced into this Agreement and which
has a RFS Date which lies between 1 July and 31 December inclusive, the
Fill Factor for such Scheduled Cable shall not be updated in Schedule B1
and/or B2 until the 1 January following the anniversary of such Scheduled
Cable's RFS Date. Thereafter, Schedule B1 and/or B2 shall be updated on an
annual basis in accordance with the provisions of paragraph 2.3.1 of this
Schedule B.
3 Introduction of Scheduled Cables or Additional Capacity into the Agreement
Procedures for introducing a Scheduled Cable or additional Notional
Capacity into Schedule B1 and/or B2 shall be as follows.
3.1 General Procedures
3.1.1 A Notional Capacity figure must be provided by any Maintenance
Authority entering a fibre-optic Scheduled Cable or additional Notional
Capacity into this Agreement. For a Scheduled Cable not having a specified
notional capacity, the Notional Capacity shall be as agreed between the
Management Committee and the relevant Maintenance Authority taking into
account:
(i) the total quantity of Bearer Capacity available on such Scheduled
Cable less an amount of Bearer Capacity for restoration purposes; and
(ii) the capacity fill profile of other Scheduled Cables of similar
capacity and route.
3.1.2 Upon notification by the Maintenance Authority, to the chairman of
the Management Committee, of its intention to enter a Scheduled Cable or
additional Notional Capacity into this Agreement, its date of introduction
and other required system information, Schedule B1 and/or B2 shall be
amended by the Schedule B Party effective as of the first day of the
quarter following receipt of such notification. Any necessary billing
adjustments for the quarter in which such Scheduled Cable or additional
Notional Capacity is introduced shall be calculated by the Central Billing
Party and adjustments made at the same time as the annual adjustment
mentioned in paragraph 2.1.7 of this Schedule B.
Schedule B Page 7 of 10
- --------------------------------------------------------------------------------
<PAGE>
3.2 Analogue Cable Systems
3.2.1 For an analogue Scheduled Cable, the number of circuits included in
the Accounting Unit formula shall be deemed to be equal to zero for those
billing periods occurring from the date of introduction of such Scheduled
Cable into this Agreement until the next scheduled count of the number of
circuits in use pursuant to paragraph 2.2.1 of this Schedule B.
3.2.2 Pursuant to paragraph 3.2.1 of this Schedule B, the Accounting Units
for such Scheduled Cable for such specified period shall be based solely
on the total length of such Scheduled Cable in nautical miles using the
relevant formula selected from the following formulae.
3.2.2.1 For a Scheduled Cable carrying only international circuits:
Accounting Units. Aa = (L/3)
3.2.2.2 For a Scheduled Cable carrying only non-international
circuits, and owned and operated by one Maintenance Authority:
Accounting Units. Ba = (L/9)
3.2.2.3 For a Scheduled Cable carrying both international and
non-international circuits, and which is owned and operated by one
Maintenance Authority
Accounting Units. Ca=(L/4.5)
3.3 Fibre-Optic Cable Systems
3.3.1 Introduction of a Scheduled Cable
3.3.1.1 When a Scheduled Cable is introduced into this Agreement,
the Accounting Unit formula shall include the Fill Factor applicable
at such date of introduction.
3.3.1.2 Pursuant to Article 2.9, if a cable system is brought into
this Agreement as a Scheduled Cable prior to its RFS Date, the
Accounting Unit formula shall include a Fill Factor of zero from the
date of such introduction until the RFS Date of such Scheduled Cable
when the normal Fill Factor shall be applied in accordance with the
the tables included in paragraph 1.1.3 of this Schedule B.
Thereafter, the Fill Factor for such Scheduled Cable shall be
up-dated in accordance with paragraph 2.3 of this Schedule B.
Schedule B Page 8 of 10
- --------------------------------------------------------------------------------
<PAGE>
3.3.2 The Introduction of Additional Capacity
3.3.2.1 When the capacity of a Scheduled Cable is expanded, the
Notional Capacity of the such Scheduled Cable shall be adjusted to
include the new capacity.
3.3.2.2 Following the introduction of additional Notional Capacity
to a Scheduled Cable, the Accounting Units shall be derived by using
the relevant formula selected from the following formulae:
for a Scheduled Cable not containing a Section "S":
Accounting Units. Afm =
L * (1 + (((FF1 * NC1) + (FF1 * NC2 * 0.1) + (FF1 * NC3 * 0.05) +
(FF2 * NC1A) + (FF2 * NC2A * 0.1) + (FF2 * NC3A * 0.05) +....
...(FFn * NC1n) + (FFn * NC2n * 0.1) + (FFn * NC3n * 0.05))/725))
for a Scheduled Cable containing a Section "S":
Accounting Units. Dfm =
Afm-((S/2)*(1+(((FFl * NC1)+(FF1 * NC2 * 0.1)+(FF1 * NC3 * 0.05)+
(FF2 * NC1A) + (FF2 * NC2A * 0.1) +/- (FF2 * NC3A * 0.05) +...
...(FFn * NC1n) + (FFn * NC2n * 0.1) + (FFn * NC3n * 0.05))/725)))
3.3.2.3 For the avoidance of doubt, the parameters NC1A, NC2A and
NC3A shall be determined by reference to the following table:
- --------------------------------------------------------------------------------
If NC is: and then NC1A = and NC2A = and NC3A =
(NC+NCa) is:
- --------------------------------------------------------------------------------
less than BP1 greater than= BP2 NCa 0 0
- --------------------------------------------------------------------------------
less than BP1 greater than BP1 but less than= BP2 BP1-NC (NC+NCa)-BP1 0
- --------------------------------------------------------------------------------
less than BP1 greater than BP2 BP1-NC BP2-BP1 (NC+NCa)-BP2
- --------------------------------------------------------------------------------
greater than BP1 but less than BP2 less than = BP2 0 NCa 0
- --------------------------------------------------------------------------------
greater than BP1 but less tahn BP2 greater than BP2 0 BP2-NC (NC+NCa)-BP2
- --------------------------------------------------------------------------------
greater than = BP2 greater than BP2 0 0 NCa
- --------------------------------------------------------------------------------
The principles embodied in the above table, with the necessary
changes, shall be followed when calculating the parameters NC1B,
NC2B, NC3B, NC1n, NC2n, NC3n, for successive incremental additions
of Notional Capacity.
Schedule B Page 9 of 10
- --------------------------------------------------------------------------------
<PAGE>
4 Scheduled Cables Withdrawn from Service and Reduction of Notional Capacity
4.1 Scheduled Cable Withdrawn from Service
4.1.1 When a Scheduled Cable is withdrawn from service, the Maintenance
Authority responsible shall inform the chairman of the Management
Committee and the Schedule B Party of the date of withdrawal. The Schedule
B Party shall amend Schedule B1 and/or B2 by deleting such Scheduled
Cable. Any necessary billing adjustments for the quarter in which such
Scheduled Cable is withdrawn shall be calculated by the Central Billing
Party and adjustments made at the same time as the annual adjustment
mentioned in paragraph 2.1.7 of this Schedule B.
4.2 Reduction of Notional Capacity
4.2.1 There may be circumstances for a fibre-optic Scheduled Cable where
some capacity might not be usable as a result of a mis-match with
interconnecting facilities, a condition of isolation due to circuits
turned back to the owners, or other conditions where the use of such
capacity is not available to the cable owners. In such circumstances, the
Maintenance Authority concerned may advise the Management Committee of
those circumstances where the unavailability is deemed permanent in nature
and upon approval by the Management Committee, the Notional Capacity shall
be correspondingly reduced in the Accounting Unit formula.
4.2.2 If, in accordance with Paragraph 4.2.1 of this Schedule B, the
Notional Capacity of a Scheduled Cable shall be reduced then Schedule B1
and/or B2 shall be amended by the Schedule B Party effective as of the
date agreed by the Management Committee. The Fill Factor for such
Scheduled Cable shall continue as previously assigned. Any necessary
billing adjustments for the quarter in which the capacity is reduced will
be calculated by the Central Billing Party and adjustments made at the
same time as the annual adjustment mentioned in paragraph 2.1.7 of this
Schedule B.
Schedules Bl and B2 follow.
Schedule B Page 10 of 10
- --------------------------------------------------------------------------------
<PAGE>
Schedule F
CABLE SHIP ANNUAL STANDING CHARGES BY AGREEMENT YEAR
================================================================================
CABLE SHIP CURRENCY STANDING CHARGES FOR
AGREEMENT YEAR
(Thousands)
=======================================
1998 1999 2000
================================================================================
BC ATLANTIDA Pesetas 2142200 2181000 2197600
- --------------------------------------------------------------------------------
CS GLOBAL LINK US $ 22616 22901 23134
- --------------------------------------------------------------------------------
CS GLOBAL MARINER US $ 21970 22267 22486
- --------------------------------------------------------------------------------
NC LEON THEVENIN French Francs 82695 83931 85817
- --------------------------------------------------------------------------------
CS SIR ERIC SHARP (pound) Sterling 10695 10891 11097
- --------------------------------------------------------------------------------
CS SOVEREIGN (pound) Sterling 11577 11466 11632
================================================================================
<PAGE>
Schedule J
CABLE SHIP ESTIMATED RUNNING COSTS FOR REPAIR OPERATIONS
CABLE SHIP:
CABLE SYSTEM AND SEGMENT:
FAULT DATE AND TIME:
FINAL SPLICE DATE AND TIME:
OPERATIONAL DETAILS
NUMBER OF DAYS IN PORT - MOB/DEMOB: XXX
NUMBER OF DAYS ON PASSAGE: XXX
NUMBER OF DAYS ON CABLE GROUND: XXX
RUNNING COSTS
CURRENCY: XXX
EXCHANGE RATE: XXX
EXCHANGE RATE DATE: XX/XX/XX
- --------------------------------------------------------------
RUNNING COST ITEMS ESTIMATED COST
- ------------------ --------------
i Fuel
ii Lub Oil
iii Labour Costs
- Personnel
- Victualling
iv At Sea Insurance
v Port Charges
vi Cable Handing at Base Port
- Loading
- Unloading
vii Consumables (Average Figure)
- Includes but not limited to
Rope
Jointing Consumables
Lost Equipment
Cable Stoppers
viii Miscellaneous Costs
- Includes but not limited to
Operational Communications
Weather Forecasting Services
Specialist Navigation Services
Representatives victualling
-----------------
TOTAL (Ship Operator Currency)
- --------------------------------------------------------------
TOTAL (Pounds Stg Equivalent)
- --------------------------------------------------------------
<PAGE>
Schedule N
DOCUMENT OF ADMISSION OF A NEW PARTY
This amendment to the Atlantic Cable Maintenance and Repair Agreement dated 1
January 1998 ("the Agreement") is effective as of this [ ] day of[ ]
19[ ] (the "Effective Date").
WHEREAS, [party's full corporate description and registered address] is a
Maintenance Authority for the [cable system], and desires to become a Party to
the Agreement.
NOW THEREFORE, pursuant to Article 27 of the Agreement, all Parties having
agreed to admission, [party], declaring that the [cable system] has no
service-affecting submerged plant cable faults, is hereby admitted as a Party to
the Agreement on the Effective Date.
As of the Effective Date, [party] agrees that it shall be added as a Party to
Schedule A, and that it shall enjoy all rights and be subject to all obligations
of a Party to the Agreement and the [cable system] shall be included in Schedule
B1 and/or B2, as appropriate.
IN WITNESS WHEREOF, the undersigned, duly authorised, have signed this
amendment.
Chairman, Management Committee for and on behalf of the Parties to the Agreement
_________________________________________ Date:_______________________________
For and on behalf of [party]
_________________________________________ Date:_______________________________
<PAGE>
Ex-10.24
Schedules to
Mediterannean CMA
<PAGE>
SCHEDULE C
- --------------------------------------------------------------------------------
CABLESHIP FIXED STANDING CHARGES ALLOCATION
AND RUNNING COSTS
<PAGE>
SCHEDULE C.1
CABLESHIP STANDING CHARGES
"Fixed Standing Charges" include in particular (but are not limited to):
(a) Depreciation (including depreciation of additions and improvements of a
capital nature) calculated in accordance with the projected life of the
Cableship depreciated to nil at the end of the Cableships' book life, or
such shorter periods as may be consistent with the book lives of
individual items of plant or machinery.
(b) Interest calculated in accordance with the relevant financial terms and
conditions.
(c) The cost of repairs to the Cableship and its equipment and any essential
renewals of its equipment, including the cost of non-capital improvements
to the Cableship to enable it to fulfill its commitments in relation to
changes in the design of submersible plant and repair techniques.
(d) The costs of refit.
(e) The costs of crew training.
(f) The salaries, wages and allowances of the personnel and crew required to
operate the Cableship.
(g) The cost of providing victuals, water, stores and other services to each
Cableship Operator's normal standards.
(h) The cost of port charges and agency fees together with an appropriate
share of the Assigned Port charges, agency fees and associated
headquarters charges but excluding the costs of any cable and repeater
storage ashore, and
(i) The cost of insurance, except "at sea" insurance (which is included in
Running Costs) against such risks as the Cableship Operator decides to
insure by contract.
C-1
<PAGE>
SCHEDULE C.2
CABLESHIP RUNNING COSTS
The Cableship Running Costs comprise the additional costs, incurred over and
above the Fixed Standing Charges, which are incurred in respect of Repair,
Maintenance & Improvement and other such operational circumstances as stipulated
in the Agreement.
(a) The cost of all fuel and lubricating oil consumed from receipt of
notification of requirement and until return to a mooring or berth at the
Assigned Port;
(b) The salaries, wages, allowances, pension fund contributions, travel costs
(including any necessary transfer or officers and crew between) and
accommodation costs of such additional officers, crew, or other personnel
as applicable, necessary to increase the Cableship from a standby basis to
a fully operational basis;
(c) The costs of additional goods and services in respect of any particular
operation over and above the normal operating requirements of the
Cableship;
(d) The cost of providing additional facilities as provided in accordance with
Article 5(d);
(e) The cost of harbour and port charges, pilotage, tonnage dues, towage, and
lighters;
(f) The additional premiums payable under the hull increased value and
consumable stores insurance policies when the Cableship is at sea,
including additional premiums for the Cableships entering and staying in a
war Zone, as defined by insurers and/or any zone which would not
ordinarily be covered by reason of the provision of the war risks and
Protection and Indemnity Association Rules and Regulations and premiums
required for additional insurance in connection with cable shore-end
operations and other facilities referred to in Article 5(d) of this
Agreement.
(g) The costs associated in disengaging a Cableship from Refit early in
accordance with Article 19(q).
(h) The costs of fuel used in port while on Standby.
C-2
<PAGE>
SCHEDULE C.3
Estimated Running Costs for 1999
RAYMOND CROZE
CURRENCY: FRENCH FRANCS
<TABLE>
<CAPTION>
------------------------------------------------------------------
IN PORT AT SEA REPAIR OPERATIONS
DAILY RATE -------------------------------------------------
ON PASSAGE ON GROUND/ OTHER COSTS
CABLE WORK PER OPERATION
- -------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
FUEL DETAILS
Fuel
-Consumed 1,5 Tons 20 Tons 10 Tons
-Current Price 1,550 FF/T(***) 1,550 FF/T(***) 1,550 FF/T(***)
- -------------------------------------------------------------------------------------------
COSTS
i Fuel 2,325 31,000 15,500
ii Labour costs
-Additional crew 24,633 24,633
-Overtime 7,405
-Additional 7,497 7,497
victualling
iii At Sea Insurance 2,805 2,805
iv Port Charges 14,994(*)
v Cable Handling
-Loading 17,442(**)
-Unloading 17,442(**)
vi Consumable/ 34,680 s
Lost Gear
vii Miscellaneous 6,120
- -------------------------------------------------------------------------------------------
TOTAL (FF) 2,325 65,935 57,840 90,678
- -------------------------------------------------------------------------------------------
</TABLE>
(*) Estimate of La Seyne port charges
(**) Estimate of foreign depots
(***) Annual average cost subject to currency rate USD/FF
C-3
<PAGE>
SCHEDULE C.3
Estimated Running Costs for 1999
TELIRI
CURRENCY: ITALIAN LIRAS
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------
in port daily rate at sea repair operations
(tons/24h) ----------------------------------------------------
On passage daily on ground other costs
rate daily rate per operation
- -------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
FUEL DETAILS
- -------------------------------------------------------------------------------------------
i. Fuel Gasoil
- -------------------------------------------------------------------------------------------
- -Consumed 2,8 20,0 10,0
- -------------------------------------------------------------------------------------------
- -Current price 382,000 382,000 382,000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
COSTS ITL ITL ITL ITL
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
i. Fuel 1,069.600 7,640,000 3,820,000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
ii. Labour Costs
- -------------------------------------------------------------------------------------------
- -Additional Crew 6.009,000 6.009,000
- -------------------------------------------------------------------------------------------
- -Overtime 1,432,000 4,178,000
- -------------------------------------------------------------------------------------------
- -Additional 1,561,000 1,561,000
Victualling
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
iii. At Sea Insurance 858,000 858,000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
iv. Port Charges 4,370,000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
v. Cable Handling
- -------------------------------------------------------------------------------------------
- -Loading 4,370,000
- -------------------------------------------------------------------------------------------
- -Unloading 4,370,000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
vi. Consumable/ 6,243,000
Lost Gear
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
vii. Miscellaneous 9,364,000
- -------------------------------------------------------------------------------------------
TOTAL (ITL) 1.069.600 17.500.000 16.426.000 28.717.000
- -------------------------------------------------------------------------------------------
</TABLE>
C-4
<PAGE>
SCHEDULE C.3
Estimated Running Costs for 1999
TENEO
CURRENCY: PESETAS
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------
in port at sea repair operations
------------------------------------------------------
On passage on ground/ cable other costs
work per operation
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
FUEL DETAILS
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
i. Fuel
- --------------------------------------------------------------------------------------------
- -Consumed 1,5 T 14,0 T 8,0 T
- --------------------------------------------------------------------------------------------
- -Current price 26.200 Pts 26.200 Pts 26.200 Pts
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
COSTS PTS PTS PTS PTS
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
i. Fuel 39.300 366.800 209.600
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
ii. Labour Costs 462.294 626.764
- --------------------------------------------------------------------------------------------
- -Additional Crew 348.650 598.372
- --------------------------------------------------------------------------------------------
- -Overtime 0 114.747
- --------------------------------------------------------------------------------------------
- -Additional 113.644 113.644
Victualling
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
iii. At Sea Insurance 62.503 62.503
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
iv. Port Charges 397.753
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
v. Cable Handling 340.931
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
vi. Consumable/ 454.574
Lost Gear
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
vii. Miscellaneous 1.136.436
- --------------------------------------------------------------------------------------------
TOTAL 39.300 891.597 1.098.867 2.329.694
- --------------------------------------------------------------------------------------------
</TABLE>
C-5
<PAGE>
SCHEDULE C.3
Estimated Running Costs for 1999
CERTAMEN
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------
in port daily rate at sea repair operations
(tons/24h) ----------------------------------------------------
On passage daily on ground other costs
rate daily rate per operation
- -------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
FUEL DETAILS
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
i. Fuel Gasoil
- -------------------------------------------------------------------------------------------
- -Consumed 2 18.0 12.0
- -------------------------------------------------------------------------------------------
- -Current price 382,000 382,000 382,000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
COSTS ITL ITL ITL ITL
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
i. Fuel 764.000 6.876.000 4.584.000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
ii. Labour Costs
- -------------------------------------------------------------------------------------------
- -Additional Crew 6.009,000 5.009,000
- -------------------------------------------------------------------------------------------
- -Overtime 1,432,000 4,178,000
- -------------------------------------------------------------------------------------------
- -Additional 1,561,000 1,561,000
Victualling
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
iii. At Sea Insurance 551.000 551.000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
iv. Port Charges 4,370,000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
v. Cable Handling
- -------------------------------------------------------------------------------------------
- -Loading 4,370,000
- -------------------------------------------------------------------------------------------
- -Unloading 4,370,000
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
vi. Consumable/ 6,243,000
Lost Gear
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
vii. Miscellaneous 9,364,000
- -------------------------------------------------------------------------------------------
TOTAL (ITL) 764.000 16.429.000 16.883.000 28.717.000
- -------------------------------------------------------------------------------------------
</TABLE>
C-6
<PAGE>
SCHEDULE E
- --------------------------------------------------------------------------------
PRO-FORMA DOCUMENT OF ACCESSION
<PAGE>
SCHEDULE E.1
SUPPLEMENTARY AGREEMENT FOR THE ADMISSION OF
XXXXXXXXXXXXXXXX
TO THE MEDITERRANEAN CABLE MAINTENANCE
AGREEMENT
(MECMA)
This Supplementary Agreement is made between the Parties to the Mediterranean
Cable Maintenance Agreement as listed in Appendix A and hereinafter referred to
as "the Parties", and
WHEREAS
(A) The Parties are parties to an agreement known as the Mediterranean Cable
Maintenance Agreement (MECMA) dated 1st of January 1999.
(B) Pursuant to Article 18 of the MECMA, which makes provision for the
admission of new Parties to the Agreement who have or acquire an interest
in the Repair, Maintenance & Improvement of submarine cables within the
geographical boundaries more fully described in the MECMA, being such an
entity with such an interest by virtue of its being Maintenance Authority
of submarine cables described in Appendix C attached, which is installed
within the geographical boundaries of the MECMA, desires to become Party
of the MECMA.
(C) The Parties hereby agree to the admission of XXX to the MECMA subject to
the terms and conditions of this Agreement and authorise the Chairman of
the MECMA Management Committee to act as a representative of all Parties
in the execution of such a Supplementary Agreement for the admission of
new Parties.
E-1
<PAGE>
SCHEDULE E.1
NOW IT IS HEREBY AGREED that
The Parties agree to the admission of XXX to the MECMA as a Party to the MECMA.
XXX hereby agrees to abide by all the terms and conditions of the MECMA.
The Parties hereby agree that XXX shall be added as a Party to Schedule A and
the cables described in Appendix C shall be added as Scheduled Cables to
Schedule B and this Supplementary Agreement shall become effective on XXX.
This Supplementary Agreement shall be binding on the Parties and XXX, their
Successors and permitted Assigns.
Except specifically amended by this Supplementary Agreement to the MECMA, the
MECMA shall remain unchanged and in full force and effect.
In WITNESS WHEREOF the Parties hereto have executed this Supplementary Agreement
through their respective duly authorised Representatives.
FOR AND ON BEHALF OF
THE MECMA EXISTING PARTIES
BY THE CHAIRMAN OF THE MECMA
MANAGEMENT COMMITTEE
____________DATE_____________
FOR AND ON BEHALF OF XXX
_____________DATE____________
E-2
<PAGE>
SCHEDULE E.1
APPENDIX A
PARTIES
IDENTIFICATION OF PARTIES
E-3
<PAGE>
SCHEDULE E.1
APPENDIX B
NEW PARTY(IES)
E-4
<PAGE>
SCHEDULE E.1
APPENDIX C
SUBMARINE CABLE MAINTAINED BY XXX
IN THE MECMA AREA
- --------------------------------------------------------------------------------
CABLE Station 1 Station 2 Type L L1 A k/s Nr of Discount Total
F.O. pairs UR
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Central Billing Party:
Apportionment of costs:
E-5
<PAGE>
Ex-10.26
Schedules to
Scarab II and IV
Users Ageement
<PAGE>
SCHEDULE B
PROCEDURES FOR THE DERIVATION OF ACCOUNTING UNITS FOR DESIGNATED CABLES.
This Schedule provides procedures for the derivation of ACCOUNTING UNITS for
analogue and optical fibre DESIGNATED CABLES. ACCOUNTING UNITS for each
DESIGNATED CABLE and the percentage shares of ACCOUNTING UNITS for each
MAINTENANCE AUTHORITY are obtained on an EAST ZONE and WEST ZONE basis as shown
on Schedule Cl and Schedule C2 annexed to this Schedule. ACCOUNTING UNITS for
analogue and optical fibre DESIGNATED CABLES are based on the procedures
contained in this Schedule and Schedules Cl and C2 are prepared in accordance
with Article 7.
I. ACCOUNTING UNIT COMPONENT AND FORMULAE
1. ACCOUNTING UNIT Components.
1.1 The ACCOUNTING UNITS for analogue and optical fibre cable systems in
each ZONE are based on formulae that contain two or more of the
following components respective to each DESIGNATED CABLE or part,
segment or subsegment thereof in the respective ZONE:
1.2 Where: L1= the number of unburied nautical miles from the beach
joint until the cable system is at a depth of 500
fathoms.
L2= the number of unburied nautical miles between the points
where the cable system is at depths of 500 and 1,000
fathoms.
L3= the number of nautical miles that the cable system is
buried from the beach joint until the cable system is at
a depth of 1,000 fathoms.
Bx= the multiplier to be applied to the buried section
length of optical fibre cable systems, where:
Bx = 2 in the first FINANCIAL YEAR
Bx = 3 in the second FINANCIAL YEAR
Bx = 4 in the third and subsequent FINANCIAL YEARS
- 31 -
<PAGE>
Na= number of circuits in use by an analogue DESIGNATED
CABLE.
Nf= the Notional Capacity of an optical fibre cable,
segment, or subsegment, based an the Minimum Assignment
Unit of Ownership (MAUOs) consisting of 64,000 usable
bits per second or such other standard as the CCITT may
adopt and the OPERATING COMMITTEE may agree.
FF= Fill factors for optical fibre cable systems are as
shown below, and are applied on the basis of years of
service for each cable system, segment and/or subsegment
from its date of introduction (DOI). For this purpose,
the DOI shall be the date of inclusion in this AGREEMENT
or the ready for service date of the cable system,
segment or subsegment whichever is the earlier.
Years of Service Fill Factor
---------------- -----------
DOI - 1 0.19
- 2 0.28
- 3 0.37
- 4 0.46
- 5 0.55
- 6 0.64
- 7 0.73
- 8 0.82
- 9 0.91
-10 1.00
1.3 For optical fibre cable systems where the traffic forecasts indicate
a fast utilisation of MAUO capacity, a 7 Year Fill Factor (FFS) as
indicated below shall be used. For purposes of Schedule B, the TAT 8
and TAT 9 cable systems have been so identified and assigned the 7
Year Fill Factors.
Year FFS
---- ---
DOI - 1 0.30
- 2 0.50
- 3 0.65
- 4 0.75
- 5 0.85
- 6 0.95
- 7 1.00
- 32 -
<PAGE>
2. ACCOUNTING UNITS FOR ANALOGUE CABLE SYSTEMS.
2.1 The ACCOUNTING UNITS for analogue cable systems are based on
the following formulae for:
2.1.1. Analogue cable system with no buried section:
ACCOUNTING UNITS = Aa where:
Aa=(L1+L2)/2 x Na/1,000
2.1.2. Analogue cable system with buried section: ACCOUNTING
UNITS = Ba where:
Ba=(L1+L2)/2+Lb)x Na/1,000
3. ACCOUNTING UNITS FOR OPTICAL FIBRE CABLE SYSTEMS.
3.1 The ACCOUNTING UNITS for optical fibre cable systems are based
on the following formulae for:
3.1.1 Optical fibre cable system with no buried section:
ACCOUNTING UNITS = Af where:
Af=(L1 + L2/2) x (Nf x FF)/1,000
3.1.2 Optical Fibre cable system with buried section:
Bf=[L1 + L2/2 + (Bx x Lb)] x (Nf x FF)/1,000
II. PROCEDURES FOR UPDATING SCHEDULES C1 AND C2.
1. GENERAL
1.1 In accordance with Article 7, Schedules C, and C2 are revised
and reissued bi-annually by the Appointed Party. The re-issued
Schedules Cl and C2 shall reflect ACCOUNTING UNITS based on
counts of circuits normally in use on 1 January and 1 July of
each year for analogue DESIGNATED CABLES, revised Fill Factors
for optical fibre DESIGNATED CABLES, as well as for the
introduction to service, the activation of spare capacity,
withdrawal from service and the reduction in
- 33 -
<PAGE>
Notional Capacity of DESIGNATED CABLES in accordance with the
procedures below.
2. ANALOGUE DESIGNATED CABLES
2.1 The Appointed Party shall update the ACCOUNTING UNITS for each
analogue DESIGNATED CABLE in accordance with the number of
circuits in use on each such cable on 1 January or 1 July as
appropriate as shown on Schedule B of the ACMA.
3. OPTICAL FIBRE DESIGNATED CABLES
3.1 On 1 April each year when Schedules Cl and C2 are to be
re-issued, the Fill Factor (FF) for each optical fibre
DESIGNATED CABLE shall be updated and the ACCOUNTING
UNITS for each system revised on the basis of the
following:
3.1.1 For optical fibre cable system already included in
Schedule C, except as specified in Paragraph
3.1.2(b) below, the FF corresponding to the next
year of service after its Ready-for-Service (RFS)
shall be applied in the ACCOUNTING UNIT formula.
3.1.2 For optical fibre cable systems that have entered
service during the past year since the previous 1
April update.
a) For systems with an RFS between 1 April and 30
September, the FF corresponding to the next year
of service after RFS shall be applied in the
ACCOUNTING UNIT formula.
b) For systems with RFS between 1 October and 31
March, the EF shall not be adjusted on Schedules
C1 and C2 until the 1 April following the system's
first anniversary in service.
- 34 -
<PAGE>
III. INTRODUCTION OF NEW OR ADDITIONAL DESIGNATED CABLES
Procedures for including new or additional cable systems into Schedules C1
and/or C2 shall be as follows:
1. GENERAL PROCEDURES
1.1 In accordance with Article 7 cables may be added to Schedules C1,
and/or C2. Since the date of inclusion of these cables will usually
not correspond to either the analogue cable circuit count date, the
bi-annual updates of Schedule C1 and C2 for analogue cables or the
annual updates for optical fibre cables, the following procedures
shall be used.
1.2 Upon notification by the MAINTENANCE AUTHORITY of its desire to
include a new or additional cable, segment, subsegment or activated
spare capacity in this AGREEMENT, its date of inclusion and other
required system information, Schedules C1 and/or C2 shall be amended
effective the first day of the billing quarter that follows the date
of introduction.
2. ANALOGUE CABLE SYSTEMS
2.1 A new or additional analogue cable system shall be included in the
AGREEMENT as a DESIGNATED CABLE with effect from the date of
inclusion advised under Section III, Sub-paragraph 1.2 of this
Schedule and shall be included in the next issue of Schedule C using
the number of circuits in use on 1 January or 1 July as appropriate
as shown on the appropriate ACMA Schedule B.
2.2 No retrospective billing adjustment will be required of the CENTRAL
BILLING PARTY for the period between the date of inclusion in this
AGREEMENT and the effective date of the next Schedule C. However,
during the first six (6) months of billing which includes the new or
additional cable, the ACCOUNTING UNITS for the cable will be
increased by an amount obtained by multiplying (i) the number of
ACCOUNTING UNITS calculated in accordance with Section I,
Subparagraph 2.1 of this Schedule by (ii) the amount of time, as a
proportion of six (6) months, between the date of inclusion in this
AGREEMENT and the effective date of the above-referenced Schedule C.
3. OPTICAL FIBRE CABLE SYSTEMS
3.1 Introduction of New or Additional Cable Systems.
- 35 -
<PAGE>
3.1.1 As a new or additional cable systems is introduced into the
AGREEMENT, the optical fibre system ACCOUNTING UNIT formula
shall include the FF derived in accordance with Section 1,
Sub-paragraph 1.2 of this Schedule.
3.1.2 For single fibre pair system with capacity below design level,
the Bearer Capacity shall be based on the assigned or Notional
Capacity.
3.1.3 Introduction of Multi-Fibre Systems.
a) The same procedures shall be followed as described in the
preceding paragraphs 3.1.1. and 3.1.2. for systems with a
capacity below design level for each fibre pair. The sheath
mileage shall be counted once as shown in the formula in (b)
below.
b) Determine the Bearer Capacity of each fibre pair and apply the
FF of each fibre pair at the date of inclusion.
i) ACCOUNTING UNITS = Cf where:
Cf = [L1 + L2/2 + (Bx x Lb)] x
[(Nfl x FF1)+ (Nf2 x FF2)]/1,000
ii) Where: Nf1 and FF1 apply to the first fibre pair and Nf2
and FF2 apply to the second fibre pair. For systems with
more than two fibre pairs, "f3 x FF3" and so on are
inserted into the formula.
c) For branched cable systems the Bearer capacity and associated
ACCOUNTING UNITS for each segment or subsegment shall be
determined separately, and so displayed on the applicable
Schedules C1 and/or C2.
3.2 The introduction of Newly Equipped Spare Capacity.
3.2.1 When the Bearer Capacity of a DESIGNATED CABLE is expanded,
the Bearer Capacity of the system shall be adjusted to reflect
the new capacity as defined in the amended relevant C&MA.
- 36 -
<PAGE>
3.2.2 The ACCOUNTING UNITS for newly equipped spare fibre pairs or
the expansion of a cable beyond its initial capacity shall be
based on the following formula:
i) ACCOUNTING UNITS = Df where:
Df=[L1 + L2/2 + (Bx x Lb)] x [(Nf1 x FF1) +Nf2 x FF2)]/1,000
ii) Where: Nf1 and FF1 apply to the original capacity and NV
and FF2 apply to the new equipped or expanded capacity.
3.2.3 The Beater Capacity of the original capacity shall be
determined in accordance with the reasons in the relevant C&MA
for justifying the expanded capacity as follows:
i) If the expansion of the system is the result of the
original capacity reaching full utilisation, the FF1
applied to Nf1 shall be 1.0.
ii) If the expansion was not the result of the original
capacity being fully utilised, the FF1 shall continue at
its current assigned FE at the time the spare capacity
is activated.
iii) If the amended C&MA indicates another Bearer Capacity or
other level of utilisation, the Bearer Capacity or the
FF1 as appropriate should be adjusted accordingly.
iv) The FF of the newly equipped and original fibre pair
shall be adjusted annually as specified in Part II,
Paragraph 3.1.2 of this Schedule.
3.2.4 Total ACCOUNTING UNITS for the cable system, segment or
subsegment shall be determined on the basis of cumulative
totals for the original and subsequently activated capacities
in those cases where more than one FF is used and the
MAINTENANCE AUTHORITIES and cable system terminals are the
same. Where the MAINTENANCE AUTHORITIES and/or system or
segment terminals are different, the ACCOUNTING UNITS shall be
displayed separately on schedule Cl and/or C2 as appropriate.
- 37 -
<PAGE>
IV. CABLES WITHDRAWN FROM SERVICE AND THE REDUCTION OF NOTIONAL CAPACITY.
1. CABLE WITHDRAWN FROM SERVICE
1.1 When a DESIGNATED CABLE is withdrawn from service, the
MAINTENANCE AUTHORITY responsible shall inform the Chairman of
the OPERATING COMMITTEE and the Appointed Party of the date of
withdrawal. The Appointed Party shall amend Schedule C by
deleting the cable, and shall issue a revised Schedule Cl
and/or C2, effective the date of withdrawal from service.
2. REDUCTION OF NOTIONAL CAPACITY.
2.1 There may be circumstances for optical fibre cable systems, or
segments or subsegments where some capacity might not be
usable as a result of a mis-match with interconnecting
facilities, a condition of isolation due to circuits turned
back to the owners, or other conditions where the use of such
capacity is not available to the cable owners. The MAINTENANCE
AUTHORITY(s) concerned shall advise the OPERATING COMMITTEE of
those circumstances where the unavailability is deemed
permanent in nature, and upon approval of the OPERATING
COMMITTEE, the Notional Capacity shall be correspondingly
reduced in the ACCOUNTING UNIT formula.
2.2 The Notional Capacity of the cable system, segment or
subsegment shall be reduced in accordance with Paragraph 2.1
above and Schedule C1 and/or C2 shall be amended accordingly
effective the first day of the following quarter. The FF would
continue as previously assigned.
- 38 -
<PAGE>
SCHEDULE D
DEFINITION OF STANDING CHARGES AND RUNNING COSTS
1. COSTS OF THE SCARAB SYSTEMS
1.1 For the purpose of this AGREEMENT the costs of each SCARAB SYSTEM
are defined as:
(a) STANDING CHARGES and
(b) RUNNING COSTS.
2. STANDING CHARGES
2.1 STANDING CHARGES being derived on an annual basis means all costs
incurred and payments made in connection with the respective
SCARAB SYSTEM during each FINANCIAL YEAR with the exception of:
(a) The capital costs of purchasings, equipping and improving
the SCARAB SYSTEM.
(b) RUNNING COSTS
(c) Expenses which are recovered by insurance claims.
(d) Any costs of modifications related to a specific cable
system construction project or other OUTSIDE WORK.
2.2 Such annual STANDING CHARGES in respect of each SCARAB
SYSTEM shall include, without prejudice to the generality
of the foregoing, the following:
(a) Depreciation of the respective INITIAL CAPITAL
COST of the SCARAB SYSTEMS determined on a
straight line basis over a period of seven (7)
FINANCIAL YEARS commencing on the respective
OPERATIONAL DATE, together with the depreciation
of any CAPITAL ADDITIONS over the life of the
CAPITAL ADDITION or the remaining life of the
respective SCARAB SYSTEM, whichever is the
shorter, with a full year's depreciation charge in
the FINANCIAL YEAR of incidence.
(b) Interest on capital shall be an amount so
calculated as to give BT(M), FRANCE TELECOM, TMI,
TEMASA and
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TRANSPACIFIC a return of seventeen (17) percent
after income taxes on their respective proportions
of the average net book value the respective
SCARAB SYSTEM during the FINANCIAL YEAR in
question.
(c) Cost of Repairs and Renewals which are the costs
of repairs to the SCARAB SYSTEM and its equipment
and any essential renewals or modifications of its
equipment of a non-capital nature to ensure the
operational availability of the SCARAB SYSTEM.
(d) Core Operating Team Costs which are the salaries,
wages, allowances (including contributions for
pension fund and benefits, and taxes for National
health and retirement programs) and associated
overhead for Core Operating Team employees of the
OPERATOR and Core Operating Team personnel
provided by an OWNER and the cost of contracts the
OPERATOR may enter into in respect of its Core
Operating Team as required to maintain the SCARAB
System at its base site.
(e) Base Costs which are the costs of providing a base
site for the SCARAB system and including, but not
limited to:
i) Base rental
ii) Utilities
iii) Customs and shipping
iv) Agency fees
v) Storage.
(f) Other Operating Expenses including, but not
limited to:
i) Consumables
ii) Spare parts
iii) Travel and living for the operating team to
the OPERATOR'S normal standards.
(g) OPERATOR'S Headquarters Staff Costs including the
directly identifiable salaries, wages and
allowances (including contributions for pension
fund and benefits, and taxes for National health
and retirement programs) and overhead for the
headquarters staff necessary for the direct
supervision and direct support functions required
to meet the OPERATOR'S responsibilities under this
AGREEMENT and the SCARAB OWNERS AGREEMENT.
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<PAGE>
(h) Insurance including the costs of premiums paid by
the OPERATOR, excluding "at-sea" insurance,
against such risks as the OPERATING COMMITTEE
determines need to be covered by a contract
insurance.
(j) Cost of Money to the OPERATOR for the use of
funds, necessary to maintain and operate the
SCARAB SYSTEM which shall not exceed fifteen (15)
percent of the OPERATOR'S costs as defined in (c),
(d), (e), (f), (g) and (h) above, except that
costs pertaining to Core Operating Team Costs (d)
and OPERATOR'S Headquarters Staff Costs (g) are to
be averaged to reflect amounts outstanding during
a quarter by dividing quarterly amounts due by
three (3), and shall exclude costs that include an
element of return to an OWNER such as base rental
costs [(e)(i)].
(k) Gains or Losses incurred as a result of exchange
rate differences.
2.3 The STANDING CHARGES of the SCARAB SYSTEMS shall be presented in the
format set out in Annex 1 hereto.
3. RUNNING COSTS
3.1 RUNNING COSTS shall include, but not limited to the following:
(a) "At-sea" insurance premiums.
(b) Additional Operating Team and OPERATOR'S supervisory costs
incurred in respect of an operation including additional
personnel, overtime and allowances.
(c) The One-time cost of:
(i) replenishing expendable operating equipment or spares
lost during the operation,
(ii) repairs as a result of damage incurred during an
operation except any portion thereof recovered from the
appropriate insurance of the SCARAB SYSTEM.
(d) One-time Mobilisation and Demobilisation costs in respect of
an operation includings, but not limited to:
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<PAGE>
(i) Loading and unloading the SCARAB SYSTEM, and the use of:
- special equipment such as cranes
- special personnel such as welders, riggers, etc.
(ii) Travel and living for mobilised additional personnel.
(iii) Customs fees
(iv) Other mobilisation and demobilisation costs.
3.2 The RUNNING COSTS of the SCARAB SYSTEMS shall be presented in the
format set out in Annex 2 hereto.
4. CURRENCY AND VALUE OF CAPITAL CHARGES
All accounts and associated book values in respect of the Capital value of
the SCARAB SYSTEMS shall be based upon the original Pounds Sterling value
of the INITIAL CAPITAL COST and CAPITAL ADDITIONS approved according to
UCCArticle 14.1. In this respect Depreciation and Interest on Capital
charges shall be based on such Pounds Sterling values.
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SCHEDULE F1
TELEX/FAX FORMAT
TO: ZONE MAINTENANCE AUTHORITIES & OTHER SCARAB OWNERS.
REF:
SUBJECT: NOTIFICATION OF COMMENCEMENT OF A SCARAB OPERATION.
(A) SCARAB SYSTEM :
(B) CABLE YSTEM :
(C) TYPE OF OPEATATION :
(D) NOTIFIED DATE/TIME :
(E) HOST VESSEL :
(F) MOBILISATION :
(i) ESTIMATED START DATE/TIME :
(ii) ESTIMATED COMPLETED DATE/TIME :
(G) ESTIMATED DEPARTURE DATE/TIME :
(H) SAILING FROM (PORT) :
(I) ETA CABLE GROUND DATE/TIME :
(J) ETA RETURN TO PORT DATE/TIME :
(K) ENVISAGED RETURN TO (PORT) :
BEST REGARDS
(SCARAB SYSTEM OPERATOR)
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SCHEDULE F2
TELEX/FAX FORMAT
TO: ZONE MAINTENANCE AUTHORITIES & OTHER SCARAB OWNERS.
REF:
SUBJECT: NOTIFICATION OF COMPLETION OF A SCARAB SYSTEM OPERATION.
(A) SCARAB SYSTEM :
(B) CABLE SYSTEM :
(C) TYPE OF OPERATION :
(D) HOST VESSEL :
(E) DATE/TIME MOBILISATION COMPLETED :
(F) DATE/TIME DEPARTURE FOR OPERATION :
(G) DATE/TIME ARRIVAL ON CABLE GROUND :
(H) DATE/TIME DEPARTURE FROM CABLE GROUND :
(I) DATE/TIME RETURNED TO PORT :
(J) RETURNED TO (PORT) :
(K) DATE/TIME DEMOBILISATION COMPLETED :
(L) DAYS/HOURS ON CABLE GROUND :
(M) DAYS/HOURS SCARAB OPERATIONS :
(N) DAYS/HOURS SCARAB UNSERVICEABLE :
(0) COMMENTS :
BEST REGARDS
(SCARAB SYSTEM OPERATOR)
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<PAGE>
SCHEDULE F3
TELEX/FAX FORMAT
TO: ZONE MAINTENANCE AUTHORITIES & OTHER SCARAB OWNERS.
REF:
SUBJECT: NOTIFICATION OF COMPLETION OF A SCARAB OPERATION.
(A) SCARAB SYSTEM :
(B) CABLE SYSTEM :
(C) TYPE OF OPERATION :
(D) NOTIFIED DATE/TIME :
(E) HOST VESSEL; :
(F) MOBILIZATION:-
(i) ESTIMATED START DATE TIME :
(ii) ESTIMATED COMPLETED DATE/TIME :
(G) ESTIMATED DEPARTURE DATE/TIME :
(H) SAILING FROM (PORT) :
(I) ENVISAGE RETURN TO (PORT) :
BEST REGARDS
(SCARAB SYSTEM OPERATOR)
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<PAGE>
SCHEDULE F4
TELEX/FAX FORMAT
TO: MAINTENANCE AUTHORITIES CONCERNED.
REF:
SUBJECT: ESTIMATE OF RUNNING COSTS FOR SCARAB SYSTEM OPERATION.
(A) SCARAB SYSTEM :
(B) CABLE SYSTEM :
(C) TYPE OF OPERATION :
(D) MOBILISATION START DATE/TIME :
(B) DEMOBILISATION COMPLETED DATE/TIME :
(F) OPERATIONAL DETAIL:-
i) DAYS/HOURS OVERALL (MOB-DEMOB) :
ii) DAYS/HOURS AT SEA :
iii) DAYS/HOURS ON CABLE GROUND :
iv) DAYS/HOURS SCARAB OPERATIONS :
(G) ESTIMATED RUNNING COSTS:-
i) "AT-SEA" INSURANCE :
ii) ADDITIONAL OPERATING TEAM COSTS :
iii) EXPENDED EQUIPMENT/SPARES :
iv) REPAIRS TO DAMAGES :
v) OTHER :
vi) TOTAL ESTIMATED RUNNING COSTS :
BEST REGARDS
(SCARAB SYSTEM OPERATOR)
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SCHEDULE H
COMMITMENT AGREEMENT
This COMMITMENT AGREEMENT, made and entered into this ________ day of
___________________, 19__ and effective from _________ between and among
______[new party]______ (a corporation organised under the terms of
_______________ and having its principal place of business at
____________________ (hereinafter referred to as _______[new party]_______); and
[insert names of the then current Parties] being the current PARTIES to the
SCARAB III and IV USERS AGREEMENT dated ____________ 1990 (hereinafter referred
to as the "PARTIES") to which this COMMITMENT AGREEMENT relates.
WITNESSETH:
WHEREAS ______[new party]______ has an interest in one or more submarine cable
systems in the operational area of the "Atlantic Cable Repair and Maintenance
Agreement" (ACMA) effective 1 April 1989 and requests the use of the SCARAB
SYSTEMS to assist in the repair and maintenance of these cables and
WHEREAS ______[new party]______ has reviewed and understands all the terms and
conditions for the use of the SCARAB SYSTEMS contained in the SCARAB III and IV
USERS AGREEMENT, and
WHEREAS this COMMITMENT AGREEMENT is supplemental to the SCARAB III & IV USERS
AGREEMENT,
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<PAGE>
NOW THEREFORE, the PARTIES and ______[new party]______ agree with each other as
follows:
1. The PARTIES hereby agree to ______[new party]______ becoming a PARTY to
the SCARAB III & IV USERS AGREEMENT.
2 ______[new party]______ hereby accepts and agrees to be bound by the terms
and conditions contained in the SCARAB III and IV USERS AGREEMENT, as
amended by Clause 3 below.
3. Notwithstanding the provisions of Article 28 of that AGREEMENT, the SCARAB
III & IV USERS AGREEMENT may be terminated as regards ______[new
party]______ if, after ___[date to be negotiated]___, ______[new
party]______ gives to each of the PARTIES at least one (1) year's notice
in writing expiring on 31 March in any year, in which event the provisions
of Articles 28.2 and 28.3 of the SCARAB III & IV USERS AGREEMENT shall not
apply.
Date_________________ ____________[new party]____________
By_________________________________
Attested By
Date_________________ ___________________________________
___________________________________
Chairman of the OPERATING COMMITTEE on behalf of
all PARTIES to the SCARAB III and IV USERS
AGREEMENT.
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Ex-10.27
Schedules to
Primary Supplier
Agreement
<PAGE>
Exhibit 10.27
SCHEDULE A
Pricing
Purchaser will pay for the *** and any *** at ***.
- ---------------
Confidential Treatment has been requested with respect to the portions of
this agreement marked with three asterisks (***) and the redacted material
has been filed separately with the Securities and Exchange Commission.
<PAGE>
EXHIBIT 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
We consent to the inclusion in this registration statement on Form F-1 (File
No. 333-94899) of our report dated January 17, 2000 on our audit of the
consolidated financial statements of FLAG Telecom Holdings Limited, and our
report dated December 30, 1999 on our audits of the consolidated financial
statements of FLAG Limited. We also consent to the references to our firm under
the Caption "Experts".
/s/ Arthur Andersen & Co
Arthur Andersen & Co
Hamilton, Bermuda
February 10, 2000
