e6vk
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
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For the month of: July 2007
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Commission File Number: 1-8481 |
BCE Inc.
(Translation
of Registrants name into English)
1000, rue de La Gauchetière Ouest, Bureau 3700, Montréal, Québec H3B 4Y7, (514) 870-8777
(Address of principal executive offices)
Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate by check mark whether the Registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
If Yes is marked, indicate below the file number assigned to the Registrant in connection with
Rule 12g3-2(b): 82- .
Notwithstanding any reference to BCE Inc.s or Bell Canadas Web site on the World Wide Web in the
documents attached hereto, the information contained in BCE Inc.s or Bell Canadas site or any
other site on the World Wide Web referred to in BCE Inc.s or Bell Canadas site is not a part of
this Form 6-K and, therefore, is not filed with the Securities and Exchange Commission.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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BCE Inc.
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/s/ Patricia A. Olah |
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Patricia A. Olah |
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Corporate Secretary and Lead Governance Counsel
Date: July 5, 2007 |
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EXECUTION COPY
NOTE : This document is a guaranty between the parties set forth below dated as of June 29,
2007. This guaranty was negotiated at arms length to provide contractual protections for the
benefit of the parties and not for purposes of disclosure to investors or any other purpose. The
terms of this agreement may be varied or amended. Accordingly, investors and potential investors
are cautioned that it would be inappropriate to rely on this document in making an investment
decision.
June 29, 2007
BCE Inc.
1000, de la Gauchetiere West
Suite 3700
Montreal, QC H3B 4Y7
Attention: Michael J. Sabia, President and Chief Executive Officer
Ladies and Gentlemen:
Reference is hereby made to that certain Definitive Agreement, dated as of the date hereof (as
amended in accordance with its terms, the Definitive Agreement), between BCE Inc., a corporation
existing under the laws of Canada (BCE or the Company), and 6796508 Canada Inc., a corporation
incorporated under the laws of Canada (the Purchaser). Capitalized, undefined terms used herein
shall have the respective meanings ascribed to them in the Definitive Agreement.
1. Guaranty
For value received, and to induce the Company to enter into the Definitive Agreement, Ontario
Teachers Pension Plan Board (Teachers), Providence Equity Partners VI International LP
(Providence) and Madison Dearborn Capital Partners V-A, L.P. (MDPVA), Madison Dearborn Capital
Partners V-C, L.P. (MDPVC) and Madison Dearborn Capital Partners V Executive-A, L.P. (MDPVEA
and, collectively with MDPVC and MDPVA, MDP), severally and not jointly, hereby absolutely,
unconditionally and irrevocably guarantees, as solidary codebtor with the Purchaser and as primary
obligor and not merely as surety, the due and punctual payment, performance and discharge, solely
in circumstances when the Break-Up Fee is payable under the terms of Section 10.6(6) of the
Definitive Agreement, of (i) the Break-Up Fee or (ii) if all or any part of the Break-Up Fee shall
be, or any Guarantor shall assert in any litigation or proceeding that all or any part of the
Break-Up Fee is, unenforceable or unrecoverable under Applicable Law, all payment obligations of
the Purchaser, or any of its successors or assigns, that arise under the Definitive Agreement
(clause (i) and (ii) collectively, the Obligations), provided that no Guarantor shall be liable
hereunder in an aggregate amount exceeding the amount set forth opposite such Guarantors name:
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with respect to Teachers, $587,000,000 (such amount, the Teachers Cap); |
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(b) |
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with respect to Providence, $322,000,000 (such amount, the Providence Cap); |
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with respect to MDPVA, $71,340,087 (such amount, the MDPVA Cap); |
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with respect to MDPVC, $18,929,001 (such amount, the MDPVC Cap); and |
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with respect to MDPVEA, $730,912 (such amount, the MDPVEA Cap); |
Each of Teachers, Providence and MDP shall be referred to herein individually as a
Guarantor and, together, as the Guarantors. With respect to each Guarantor, any other
Guarantor hereunder shall be referred to as an Other Guarantor.
The foregoing guarantee of the Obligations (the Guaranty) is an absolute, unconditional,
irrevocable and continuing guarantee of the full and punctual payment of the Obligations, with
respect to Teachers up to the Teachers Cap, with respect to Providence up to the Providence Cap,
with respect to MDPVA up to the MDPVA Cap, with respect to MDPVC up to the MDPVC Cap and with
respect to MDPVEA up to the MDPVEA Cap, and not of their collectibility, and is in no way
conditioned upon any requirement that the Company first attempt to collect the Obligations from the
Purchaser or any Other Guarantor or resort to any security or other means of collecting payment,
the Guarantors hereby renouncing to the benefit of discussion. If the Purchaser has not made
payment of any Obligations which may be due and owing under the terms of the Definitive Agreement,
the Guarantors obligations hereunder, with respect to Teachers up to the Teachers Cap, with
respect to Providence up to the Providence Cap, with respect to MDPVA up to the MDPVA Cap, with
respect to MDPVC up to the MDPVC Cap and with respect to MDPVEA up to the MDPVEA Cap, shall become
immediately due and payable to the Company. The failure by one or more Guarantors to satisfy its
obligations hereunder shall not relieve any Other Guarantor of its obligations hereunder, the
Guarantors hereby renouncing to the benefit of division. The Company may at any time and from time
to time, without notice to or further consent of the Guarantors, or any of them, extend the time of
payment of any Obligation, and may also make any agreement with the Purchaser or the Guarantors,
for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part,
or for any modification of the terms thereof or of any agreement between the Company, on the one
hand, and the Purchaser, on the other hand, or any other Person without in any way impairing or
affecting this Guaranty.
Each Guarantor hereby waives promptness, diligence, notice of acceptance of this Guaranty and
notice of the Obligations, and waives presentment, demand for payment, protest, notice of dishonour
or non-payment of the Obligation, notice of acceleration or intent to accelerate the Obligations,
and any other notice to such Guarantor, and the Company shall not be obligated to file any suit or
take any action, or provide any notice to, the Purchaser, the Guarantors, or others, except as
expressly provided in the Definitive Agreement or in this Guaranty, including without limitation in
the event that the Purchaser becomes subject to a bankruptcy, reorganization or similar proceeding,
and the failure of the Company to so file shall not affect the Guarantors obligations hereunder.
Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the
transactions contemplated by the Definitive Agreement and that the waivers set forth in this
Guaranty are knowingly made in contemplation of such benefits and after the advice of counsel. The
Obligations, and each of them, shall conclusively be deemed to have been created, contracted or
incurred in reliance upon this Guaranty, and all dealings between the Purchaser and each Guarantor,
on the one hand, and the Company, on the other, shall be conclusively presumed to have been had or
consummated in reliance upon this Guaranty. Without limiting the generality of the foregoing,
although for the avoidance of doubt each Guarantor shall be entitled to assert as a defence to its
obligations under this Guaranty that an Obligation is not due under the terms of the Definitive
Agreement or has been performed pursuant to the terms thereof, each Guarantor agrees that the
obligation of such Guarantor hereunder shall not be released or discharged, in whole or in part, or
otherwise affected by: (i) the failure of the Company to assert any claim or demand or to enforce
any right or remedy against the Purchaser or the Other Guarantors or any other Person with respect
to the Obligations; (ii) the addition, substitution or release of any Other Guarantor or any other
Person; (iii) any extensions or renewals of the Obligations; (iv) any amendments, rescissions,
waivers, supplements or modifications of the Definitive Agreement, including for greater certainty
any schedule thereto; (v) the adequacy of any means available to the Company to claim payment of
the Obligations; (vi) the existence of any claim, set-off or other right which any of the
Guarantors or the Purchaser may have at any time against the Purchaser, the Other Guarantors, the
Company or any other Person, whether in connection with any Obligation or otherwise; (vii) any
insolvency, bankruptcy, reorganization or other similar proceeding affecting the Purchaser, the
Other Guarantors, the Company or any other Person; (viii) any change in the existence, structure or
ownership of the Purchaser, the Other Guarantors, the Company or any other Person; (ix) any and all
rights or defences arising by reason of any law which would otherwise require any election of
remedies by the Company; (x) any and all rights or defences arising by reason of the Purchasers
capacity or ability to enter into or perform its obligations under the Definitive Agreement, or the
enforceability of the Obligations or the Definitive Agreement against the Purchaser; or (xi) any
other act or omission that might in any way or to any extent vary the risk of a Guarantor or
otherwise operate as a release or discharge or suretyship defense of a
Guarantor, all of which actions or omissions may be done without notice to the Guarantors.
2. Limitations and Exclusive Remedies
The obligation of each Guarantor hereunder is limited and shall in no way require the payment
by a Guarantor of an amount in excess of the Teachers Cap (with respect to Teachers), Providence
Cap (with respect to Providence), the MDPVA Cap (with respect to MDPVA), the MDPVC Cap (with
respect to MDPVC) and the MDPVEA Cap (with respect to MDPVEA), and no Guarantor shall have any
obligation or liability to any Person relating to, arising out of or in connection with this
Guaranty other than as expressly set forth herein. All sums payable by the Guarantors hereunder
shall be made in immediately available funds. The Company acknowledges that, subject to Section 4
hereof, payment by the Guarantors of the amounts contemplated hereby shall constitute satisfaction
in full of each Guarantors liability with respect to the Obligations. Subject to Section 4
hereof, upon payment of the Obligations owing to the Company, each Guarantor shall be subrogated to
the rights of the Company against the Purchaser in respect of such payment. However, no Guarantor
may exercise any right of subrogation as to the Purchaser until the Obligations have been satisfied
in full or seek any recovery from the Other Guarantors in respect of payments made hereunder until
the Obligations have been satisfied in full. If any amount shall be paid to the Guarantor in
violation of the immediately preceding sentence at any time prior to the payment in full in cash of
the Obligations, such amount shall be received and held for the benefit of the Company, shall be
segregated from other property and funds of the Guarantor and shall forthwith be paid or delivered
to the Company in the same form as so received (with any necessary endorsement or assignment) to be
credited and applied to the Obligations, in accordance with the terms of the Definitive Agreement,
whether matured or unmatured, or to be held as collateral for any Obligations or other amounts
payable under this Guaranty thereafter existing.
The Companys remedies against the Guarantors hereunder shall be, and are intended to be, the
sole and exclusive direct or indirect remedies available to the Company against the Guarantors and
any former, current or future director, officer, employee, agent, general or limited partner,
manager, member, shareholder or affiliate (other than the Purchaser or the Other Guarantors) of the
Guarantors or their members or any former, current or future director, officer, employee, agent,
general or limited partner, manager, member, shareholder or affiliate (other than the Purchaser or
the Other Guarantors) of any of the foregoing (collectively, the Non-Recourse Parties) in respect
of any liabilities or obligations arising under, related to or in connection with, the Definitive
Agreement or the transactions contemplated thereby, including in the event the Purchaser breaches
its obligations under the Definitive Agreement or in the event a Guarantor breaches a covenant,
representation or warranty hereunder.
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Representations, Warranties and Covenants |
Each Guarantor hereby represents and warrants, as to itself and not as to the Other
Guarantors, that:
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the execution, delivery and performance by such Guarantor of this Guaranty have
been duly authorized by all necessary action and do not contravene any provision of the
charter, partnership agreement, operating agreement or similar organizational documents
of such Guarantor or any law, regulation, rule, decree, order, judgment or contractual
restriction binding on such Guarantor or its assets; |
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such Guarantor has the financial capacity to pay and perform its obligations
under this Guaranty in full, and all funds necessary for such Guarantor to fulfill its
obligations under this Guaranty in full shall be available to such Guarantor for so
long as this Guaranty shall remain in effect in accordance with Section 4 hereof; |
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this Guaranty constitutes a legal, valid and binding obligation of such
Guarantor enforceable against such Guarantor in accordance with its terms; and |
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all consents, approvals, authorizations, permits of, filings with and
notifications to any Governmental Authority necessary for the due execution, delivery
and performance of this Guaranty by such Guarantor have been obtained or made and all
conditions thereof have been duly complied with, and no other action by, and no notice
to or filing with, any Governmental Authority or regulatory body is required in
connection with the execution, delivery or performance of this Guaranty. |
Each Guarantor hereby acknowledges and agrees, on its own behalf and not on behalf of the
Other Guarantors, that:
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it is a Purchaser Party, as such term is defined in the Definitive Agreement;
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it shall not knowingly take any action that would cause any of the
representations of the Purchaser set forth in the Definitive Agreement to cease to be
true and correct in any material respect at any time prior to the earlier of the
Effective Date and the date of termination of the Definitive Agreement, in each case
except as the Company may otherwise agree in writing. |
4. Continuing Guaranty
This Guaranty is a continuing one and shall remain in full force and effect until the
indefeasible, unconditional and irrevocable payment and satisfaction in full of
the Obligations. The Guaranty shall continue to be effective or be reinstated, as the case
may be, if at any time any payment of the Obligations that has been received by or for the account
of the Company is rescinded or must otherwise be returned by the Company. Notwithstanding the
foregoing, this Guaranty shall terminate and each Guarantor shall have no further obligation under
this Guaranty as of the earlier of (a) the occurrence of the Effective Time (as defined in the
Definitive Agreement) and payment of all obligations due by the Purchaser under the Definitive
Agreement at such time, including for greater certainty the aggregate Consideration (as defined in
the Definitive Agreement), (b) the one-year anniversary of the date of termination of the
Definitive Agreement, unless a claim hereunder has been made prior to such date, (c) the
termination of the Definitive Agreement in circumstances where the Break-up Fee is not payable
pursuant to the terms of the Definitive Agreement or (d) satisfaction in full by the Guarantors of
their obligations hereunder. Notwithstanding the foregoing, in the event that the Company or any
of its Subsidiaries or affiliates asserts in any litigation or other proceeding that the provisions
of Section 1 hereof limiting each Guarantors liability or the provisions of this Section 4 or
Section 5 are illegal, invalid or unenforceable in whole or in part, or asserting any theory of
liability against any Guarantor with respect to the transactions contemplated by the Definitive
Agreement or this Guaranty other than liability of the Guarantor under this Guaranty (as limited by
the provisions hereunder, including Section 1), then (x) the Obligations of each Guarantor under
this Guaranty shall terminate ab initio and be null and void, (y) if any Guarantor has previously
made any payments under this Guaranty, it shall be entitled to receive such payments from the
Company and (z) no Guarantor shall have any liability to the Company or any of its affiliates with
respect to the transactions contemplated by the Definitive Agreement or under this Guaranty.
5. No Recourse
The Company acknowledges that the sole asset of the Purchaser is cash in a de minimis amount,
and that no additional funds are expected to be contributed to the Purchaser unless and until
necessary to pay amounts to be paid by the Purchaser in connection with the consummation of the
transactions contemplated by the Definitive Agreement. Notwithstanding anything that may be
expressed or implied in this Guaranty or any document or instrument delivered contemporaneously
herewith, and notwithstanding the fact that the Guarantors may be partnerships or limited liability
companies, by its acceptance of the benefits of this Guaranty, the Company acknowledges and agrees
that it has no right of recovery against, and no personal liability shall attach to, any Guarantor
or any other Non-Recourse Party, through the Purchaser or otherwise, whether by or through
attempted piercing of the corporate (or limited liability company) veil, by or through a claim by
or on behalf of the Purchaser against any Guarantor or Non-Recourse Party, by the enforcement of
any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or
applicable law, or otherwise, in each case in respect of any liabilities or obligations arising
under,
or in connection with, the Definitive Agreement or the transactions contemplated thereby,
except for its rights to recover from the Guarantors (but not any Non-Recourse Party) under and to
the extent provided in this Guaranty and subject to the limitations described herein. The Company
hereby covenants and agrees that it shall not institute, directly or indirectly, and shall cause
its affiliates not to institute, any proceeding or bring any other claim arising under, or in
connection with, the Definitive Agreement or the transactions contemplated thereby or otherwise
relating thereto, against any Guarantor or Non-Recourse Party except claims against the Guarantors
under this Guaranty (subject to the limitations described herein). Nothing set forth in this
Guaranty shall affect or be construed to affect any liability or obligation of the Purchaser to the
Company or shall confer or give or shall be construed to confer or give to any person other than
the Company (including any person acting in a representative capacity) any rights or remedies
against any person, including the Guarantors, except as expressly set forth herein.
6. Release
By its acceptance of this Guaranty, the Company hereby covenants and agrees that neither the
Company nor any of its subsidiaries or affiliates, and the Company agrees to the maximum extent
permitted by law, none of its officers, directors, employees, security holders or representatives
has or shall have any right of recovery under or in connection with the Definitive Agreement, or
the transactions contemplated thereby or otherwise relating thereto, and to the extent that it has
or obtains any such right it, to the maximum extent permitted by law, hereby waives (on its own
behalf and on behalf of each of the aforementioned persons) each and every such right against, and
hereby releases, the Guarantors and each of the Non-Recourse Parties from and with respect to any
claim, known or unknown, now existing or hereafter arising, in connection with any transaction
contemplated by or otherwise relating to the Definitive Agreement or the transactions contemplated
thereby, whether by or through attempted piercing of the corporate (or limited liability company)
veil, by or through a claim by or on behalf of Purchaser or any other person against any
Non-Recourse Party, or otherwise under any theory of law or equity, other than claims against the
Guarantors pursuant to this Guaranty (subject to the limitations described herein). The Company
hereby covenants and agrees that it shall not institute, directly or indirectly, and shall cause
its affiliates not to institute, any proceeding or bring any other claim arising under, or in
connection with, the Definitive Agreement or the transactions contemplated thereby or otherwise
relating thereto, against any Guarantor or Non-Recourse Party except claims against the Guarantors
under this Guaranty (subject to the limitations described herein).
7. Miscellaneous
This Guaranty shall be binding in all respects on the successors of the Guarantors and their
permitted assigns and shall enure to the benefit of the Company
and its permitted assigns. No Guarantor may assign its respective rights, interests or
obligations hereunder, except as permitted in this paragraph. Each Guarantor may assign all or a
portion of its respective rights, interests or obligations hereunder to any of the Guarantors
affiliates or any other co-investor; provided, that, except to the extent otherwise agreed
by the Purchaser, any such assignment shall not relieve the Guarantor of its obligations under this
Guaranty.
Any term or provision of this Guaranty that is invalid or unenforceable in any situation in
any jurisdiction will not affect the validity or enforceability of the remaining terms and
provisions hereof or the validity or enforceability of the offending term or provision in any other
situation or in any other jurisdiction, provided, however, that this Guaranty may not be enforced
without giving effect to the limit on the liability of each Guarantor described in the first
paragraph of Section 1 hereof. No party hereto shall assert, and each party shall cause its
respective affiliates not to assert, that this Guaranty or any part hereof is invalid, illegal or
unenforceable.
The parties hereto agree that this Guaranty shall be governed by and construed in accordance
with the laws of the Province of Quebec and the laws of Canada applicable therein.
Each of the parties hereby irrevocably attorns to the exclusive jurisdiction of the Courts of
the Province of Quebec in respect of all matters arising under and in relation to this Guaranty.
The Guarantors hereby appoint Goodmans LLP as their agent for service of process or other purposes
in connection with any action or proceeding arising out of this Guaranty.
EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION,
PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR
RELATING TO THIS GUARANTY OR THE ACTIONS OF EACH OF THE PARTIES HERETO IN THE NEGOTIATION,
ADMINISTRATION, PERFORMANCE AND ENFORCEMENT THEREOF.
No amendment or waiver of any provision of this Guaranty shall be effective unless the same
shall be in writing and signed by each Guarantor and the Company. No failure on the part of the
Company to exercise, and no delay in exercising, any right hereunder shall operate as a waiver
thereof; nor shall any single or partial exercise of any right hereunder preclude any other or
further exercise thereof or the exercise of any other right.
The parties hereto acknowledge that this Guaranty was drafted jointly by the parties, further
to negotiations among all of the parties hereto. All references to $ herein shall be to Canadian
dollars. The parties expressly acknowledge that they have requested that this Guaranty and all
ancillary and related documents thereto be drafted
in the English language only. Les parties aux présentes reconnaissent avoir exigé que la
présente entente et tous les documents qui y sont accessoires soient rédigés en anglais seulement.
This Guaranty contains the entire agreement of the Guarantors with respect to the matters set
forth herein.
All notices and other communications given or made pursuant hereto shall be in writing and
shall be deemed to have been duly given or made as of the date delivered or sent if delivered
personally or sent by electronic mail, or as of the following Business Day if sent by prepaid
overnight courier, to the parties at the following addresses (or at such other addresses as shall
be specified by any party by notice to the others given in accordance with these provisions):
If to Ontario Teachers Pension Plan Board:
Ontario Teachers Pension Plan Board
5650 Yonge Street
Toronto, Ontario M2M 4H5
Attention: Dean Metcalf
Email: dean_metcalf@otpp.com
If to Providence:
c/o Providence Equity Partners Inc.
50 Kennedy Plaza, 18th Floor
Providence, RI 02903
Attention: Mark J. Masiello
Email: m.masiello@provequity.com
If to MDP:
c/o Madison Dearborn Partners, LLC
Three First National Plaza, Suite 3800
Chicago, IL 60602
Attention: James Perry
Email: JPerry@MDCP.com
with a copy (which shall not constitute notice) to:
Goodmans LLP
250 Yonge Street, Suite 2400
Toronto, Ontario M5B 2M6
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Attention:
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Jonathan Lampe |
Email:
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jlampe@goodmans.ca |
and to: |
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Weil, Gotshal & Manges LLP
50 Kennedy Plaza
Providence, RI 02903
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Attention:
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David Duffell |
Email:
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david.duffell@weil.com |
If to the Company:
1000, rue de La Gauchetière Ouest, Bureau 3700
Montréal, Québec
H3B 4Y7
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Attention:
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Chief Executive Officer |
E-Mail:
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michael.sabia@bell.ca |
with a copy (which shall not constitute notice) to:
1000, rue de La Gauchetière Ouest, Bureau 3700
Montréal, Québec
H3B 4Y7
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Attention:
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Chief Legal Officer |
E-Mail:
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martine.turcotte@bell.ca |
This Guaranty may be executed in counterparts, all of which shall be considered one and the
same agreement and shall become effective when one or more counterparts have been signed by each of
the parties and delivered to the other party. Facsimile transmission of any signed original
document shall be deemed the same as delivery of an original.
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Guarantor: |
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PROVIDENCE EQUITY PARTNERS VI INTERNATIONAL LP |
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by:
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Providence Equity GP VI International LP |
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by:
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Providence Equity Partners VI International Ltd |
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By:
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(signed) Mark J. Masiello |
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Name: Mark J. Masiello
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Title: Managing Director |
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This Guaranty may be executed in counterparts, all of which shall be considered one and the
same agreement and shall become effective when one or more counterparts have been signed by each of
the parties and delivered to the other party. Facsimile transmission of any signed original
document shall be deemed the same as delivery of an original.
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Guarantor: |
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ONTARIO TEACHERS PENSION PLAN BOARD |
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By:
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(signed) Dean Metcalf |
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Its:
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Vice President
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This Guaranty may be executed in counterparts, all of which shall be considered one and the
same agreement and shall become effective when one or more counterparts have been signed by each of
the parties and delivered to the other party. Facsimile transmission of any signed original
document shall be deemed the same as delivery of an original.
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Guarantor: |
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MADISON DEARBORN CAPITAL PARTNERS V-A, L.P. |
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By:
Its:
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Madison Dearborn Partners
V-A&C, L.P.
General Partner |
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By:
Its:
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Madison Dearborn Partners, LLC
General Partner |
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By:
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(signed) Michael Cole |
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Its:
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Managing Director
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MADISON DEARBORN CAPITAL PARTNERS V-C, L.P. |
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By:
Its:
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Madison Dearborn Partners V-A&C, L.P.
General Partner |
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By:
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Madison Dearborn Partners, LLC
General Partner |
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By:
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(signed) Michael Cole |
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Its:
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Managing Director
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MADISON DEARBORN CAPITAL PARTNERS V EXECUTIVE-A, L.P |
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By:
Its:
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Madison Dearborn Partners V-A&C, L.P.
General Partner |
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By:
Its:
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Madison Dearborn Partners, LLC
General Partner |
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By:
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(signed) Michael Cole |
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Its:
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Managing Director |
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This Guaranty may be executed in counterparts, all of which shall be considered one and the
same agreement and shall become effective when one or more counterparts have been signed by each of
the parties and delivered to the other party. Facsimile transmission of any signed original
document shall be deemed the same as delivery of an original.
ACCEPTED AND AGREED as of
the date first written above
BCE INC.
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By:
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(signed) Martine Turcotte |
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Chief Legal Officer
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