EX-10.26 7 d642841dex1026.htm EX-10.26 EX-10.26

Exhibit 10.26

JOINDER AGREEMENT

TO REGISTRATION RIGHTS AGREEMENT

This Joinder Agreement (this “Joinder Agreement”) is made as of the date written below by the undersigned in accordance with Section 10(d) of the Registration Rights Agreement dated as of December 17, 2018 (as the same may be amended from time to time, the “Registration Rights Agreement”) among Oi S.A. – In Judicial Reorganization (the “Company”) and the Potential Shareholders party thereto. Capitalized terms used, but not defined, herein shall have the meaning ascribed to such terms in the Registration Rights Agreement.

The Potential Shareholder party hereto (the “Potential Shareholder”) is a signatory to the Registration Rights Agreement. The Potential Shareholder hereby (1) assigns the rights and obligations under the Registration Rights Agreement with respect to any Unsubscribed Shares that the Potential Shareholder is obligated to acquire under the Subscription Agreement and any Commitment Fee Shares that the Potential Shareholder is entitled to receive under the Subscription Agreement (and any Registrable Securities issued or issuable with respect thereto) to the Person or Persons (a) designated by the Potential Shareholder as obligated to acquire such Unsubscribed Shares or entitled to receive such Commitment Fee Shares, and (b) named as the “Joining Party” on the signature page hereto, or (2) assigns the rights and obligations under the Registration Rights Agreement with respect to the Registrable Securities that the Potential Shareholder has transferred or assigned to the Person or Persons named as the “Joining Party” on the signature page hereto.

Each Joining Party hereby acknowledges, agrees and confirms that, by its execution of this Joinder Agreement, as of the date hereof, the Joining Party shall be deemed to be a party to the Registration Rights’ Agreement and shall have all of the rights and obligations of a “Potential Shareholder” thereunder with respect to any Registrable Securities issued to it under the Subscription Agreement or transferred or assigned to it by the Potential Shareholder as if it had been an original party to the Registration Rights Agreement. The Joining Party hereby ratifies, as of the date hereof, and agrees to be bound by, all of the terms, provisions and conditions contained in the Registration Rights Agreement.

[Signature Page Follows.]

 

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IN WITNESS WHEREOF, the undersigned has executed this Joinder Agreement as of the date written below.

 

      SOLUS ALTERNATIVE MANAGEMENT LP, as investment advisor on behalf of certain funds and accounts listed below
Date:   1/23/2019     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

Sola Ltd

Ultra Master Ltd

Ultra NB LLC

Solus Opportunities Fund 1 LP

Solus Opportunities Fund 3 LP

Solus Opportunities Fund 4 LP

Solus Opportunities Fund 5 LP

Solus Opportunities IDF Series Interests of the SALI

Multi-Series Fund, L.P.

Solus SPC Master Fund Ltd for and on behalf of Segregated Portfolio 2 Master

 

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IN WITNESS WHEREOF, the undersigned has executed this Joinder Agreement as of the date written below.

 

      SOLA LTD
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

32,516,799

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

 

3


      ULTRA MASTER LTD
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

222,393

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

4


      ULTRA NB LLC
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

951,371

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

 

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      SOLUS OPPORTUNITIES FUND 1 LP
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

2,126,183

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

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      SOLUS OPPORTUNITIES FUND 3 LP
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

2,669,979

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

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      SOLUS OPPORTUNITIES FUND 4 LP
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

6,514,885

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

8


      SOLUS OPPORTUNITIES FUND 5 LP
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

5,723,113

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

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      SOLUS OPPORTUNITIES IDF SERIES INTERESTS OF THE SALI MULTI-SERIES FUND, L.P.
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

172,123

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

10


      SOLUS SPC MASTER FUND LTD FOR AND ON BEHALF OF SEGREGATED PORTFOLIO 2 MASTER
Date:   1-23-19     By:   [illegible]
       

Name: illegible

Title: Authorized Signatory

       

 

c/o Solus Alternative Asset Management LP

410 Park Avenue

New York, NY 10024

Email: notices@soluslp.com

 

Name:

Title:

 

Number of Registrable Securities assigned or transferred:

 

478,028

 

With a copy to (which shall not constitute notice):

 

Davis Polk & Wardwell LLP

450 Lexington Ave.

New York, New York 10017

        Attention:   Timothy Graulich
          Stephen Salmon
        Email:   timothy.graulich@davispolk.com
          stephen.salmon@davispolk.com

 

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