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Exhibit 10.12(b)
THIS AGREEMENT is made the 11th day of November 1996
BETWEEN Mercury Communications Limited ("Mercury") and NYNEX CableComms Limited
("NYNEX"), for itself and on behalf of those of its franchisees which are
wholly owned subsidiaries of NYNEX CableComms Group plc and NYNEX CableComms
Group Inc as at 1st January 1996 ("Franchisees").
1. PRELIMINARY
1.1 This Agreement relates to the charges to be made by Mercury in respect
of the applicable NYNEX and Franchisee originated mobile traffic (as described
below) carried by Mercury in the period from 1st January 1996 to 30th June 1996
("the Period").
2. APPLICABLE TRAFFIC
2.1 The Incentive Rates, as defined in Clause 4 below, available to NYNEX
subject to the further terms of this Agreement only apply to the following
traffic:
outgoing switched direct dial calls from NYNEX and its Franchisees' system(s)
passing over the Mercury network, and destined for one of the following mobile
operators system(s) in the dial code ranges listed:
Vodafone (dial code ranges: 0370, 0374, 0378, 0385, 0421, 0831, 0468 and
0836, excluding sub ranges 0374-5, 0385-6, 0421-1, 0836-0, 0836-1,
0836-4, 0836-8 and 0836-9)
Cellnet (dial code ranges: 0585, 0589, 0802, 0850 and 0860)
("the Applicable Traffic")
2.2 The Incentive Rates do not apply to any other traffic, in any
circumstances.
3. VOLUME THRESHOLDS
3.1 To qualify for the Incentive Rates on the Applicable Traffic, certain
monthly volumes for both Applicable Traffic and international transit traffic
(being outgoing switched direct dial calls from NYNEX and its Franchisees'
system(s) passing over the Mercury network, and destined for a recognised
system outside the UK) must be attained throughout the Period. The total
monthly volumes of Applicable Traffic and international transit traffic minutes
must each exceed the levels specified below:
Applicable Traffic: 600,000 minutes/month during the Period; and
International transit traffic: 750,000 minutes/month during the Period
(together, "the Volume Threshold").
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3.2 If, in any month during the Period, the total volume of minutes for
either Applicable Traffic or international transit traffic falls below the
monthly levels stated in Clause 3.1 above, the Volume Threshold will not
have been attained and the Incentive Rates will not apply to any Applicable
Traffic, including any generated in any month when the monthly levels so
stated have been attained.
4. INCENTIVE RATES
Subject to the attainment of the Volume Threshold defined in Clause 3 above
throughout the Period, the following incentive rates will apply in respect
of the Applicable Traffic, for the Period:
Mobile Transit Rates
PPM
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Charge band Base Rate Incentive Rate for
Applicable Traffic
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Standard 27.00 24.00
Economy 21.00 18.00
5. ACCOUNTING FOR INCENTIVE RATES
5.1 Where the Incentive Rates apply, following the expiry of the Period a
single adjustment will be made as a retrospective credit.
5.2 Where the duration of a Call continues extends across more than one
charge band, the total charge will be comprised of the sum of the duration of
the components multiplied by the rates relevant to each individual charge band.
5.3 In calculating the credit to be made under Clause 5.1 above, Mercury
retains the right to offset against such credit any sums which may be owed to
Mercury by NYNEX or any Franchisee.
6. CONFIDENTIALITY
6.1 The parties agree that this Agreement and the information contained in
it is confidential and that accordingly:
(a) its confidentiality must be maintained at all times;
(b) its contents must only be disclosed to and used or copied by those members
of staff who require access to the same for the purpose of the
administration of this Agreement;
(c) it must not be disclosed, directly or indirectly, and whether by express
disclosure or by implication, in any form to any third parties (in detail
or in summary).
6.2 The obligations of confidentiality contained in Clause 6.1 above shall
not apply to the extent that information is properly disclosed pursuant to and
in accordance with the Operator's or Mercury's Licence (as defined in any
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interconnection agreement between the parties in force at the date of this
Agreement) or a relevant statutory or regulatory obligation or (with the prior
written consent of the other party, such consent not to be unreasonably
withheld) to obtain or maintain any listing on a recognised investment exchange
(as defined in the Financial Services Act)
6.3 These obligations of confidentiality shall survive the termination of this
Agreement.
7. EXCLUSION OF OTHER CLAIMS
No adjustments, apart from that specified in Clause 5.1 above, relating to the
Applicable Traffic passed by NYNEX to Mercury over the period from 1st January
1996 to 30th June 1996 will be made or considered by either party.
8. TRANSFER
This Agreement is non-transferable
9. NYNEX FRANCHISEES
NYNEX acknowledges that it remains fully responsible for the actions and
omissions of any of the Franchisees where such actions and omissions if
committed by NYNEX would constitute a breach of this Agreement.
10. ENTIRE AGREEMENT
This Agreement supersedes all other agreements and representations made by
either party, whether oral or written relating to the availability of the
Incentive Rates. This Agreement may only be modified if such modification is in
writing and signed by a duly authorised representative of each party thereto.
Agreed on behalf of Mercury Communications Ltd
Signature /s/ Peter Howard-Dobson
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Name Peter Howard-Dobson Date 13.11.96
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Agreed on behalf of NYNEX CableComms Ltd
Signature /s/ Paul H. Repp
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Name Paul H. Repp Date 21 Nov. '96
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