EX-2.25 6 y41094exv2w25.htm EX-2.25: CLASS I CONVERTIBLE PREFERRED SHARE SUBSCRIPTION AGREEMENT EX-2.25
 

MITEL NETWORKS CORPORATION
 
CLASS 1 CONVERTIBLE PREFERRED SHARE
SUBSCRIPTION AGREEMENT
 
August 16, 2007
Portions of this document marked with “***” are subject to a pending Confidential Treatment Request filed with the Secretary of the Securities and Exchange Commission and have been filed separately with the Securities and Exchange Commission.


 

 

TABLE OF CONTENTS
                     
                Page  
ARTICLE I   DEFINITIONS AND PRINCIPLES OF INTERPRETATION     1  
 
                   
 
    1.1     Definitions     1  
 
    1.2     Intellectual Property Definitions     8  
 
    1.3     Certain Rules of Interpretation in this Agreement:     10  
 
    1.4     Knowledge     11  
 
    1.5     Entire Agreement     11  
 
    1.6     Schedules     11  
 
    1.7     Exhibits     11  
 
                   
ARTICLE II   SHARE SUBSCRIPTION     12  
 
                   
 
    2.1     Subscription and Issuance of Purchased Shares     12  
 
    2.2     Purchase Price     12  
 
    2.3     Closing     12  
 
    2.4     Closing Deliveries     12  
 
    2.5     Closing Conditions in Favor of Investors     13  
 
    2.6     Closing Conditions in Favor of the Corporation     15  
 
                   
ARTICLE III   COMPETITION LAW     16  
 
                   
 
    3.1     Competition Filings     16  
 
    3.2     Cooperation     17  
 
                   
ARTICLE IV   REPRESENTATIONS AND WARRANTIES OF THE CORPORATION     17  
 
                   
 
    4.1     Incorporation and Organization     17  
 
    4.2     Corporate Records     18  
 
    4.3     Subsidiaries     18  
 
    4.4     Qualification in Foreign Jurisdictions     18  
 
    4.5     Authorized, Issued and Outstanding Capital     18  
 
    4.6     Lawful Issuance     20  
 
    4.7     Corporate Authorization     21  
 
    4.8     No Governmental or Third Party Consents     21  
 
    4.9     Financial Statements – Absence of Certain Changes     21  
 
    4.10     Indebtedness     23  
 
    4.11     Absence of Undisclosed Liabilities     24  
 
    4.12     Tax Matters     24  
 
    4.13     Real Property     26  
 
    4.14     Personal Property     27  
 
    4.15     Health, Safety and Environmental Matters     27  
 
    4.16     Employment Contracts     27  
 
    4.17     Employee Plans     29  
 
    4.18     Unions     31  

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TABLE OF CONTENTS
(continued)
                     
                Page  
 
    4.19     Material Contracts     32  
 
    4.20     Customers, Licensors and Suppliers     33  
 
    4.21     Description of Business Intellectual Property     34  
 
    4.22     Intellectual Property Rights     35  
 
    4.23     Litigation     39  
 
    4.24     Insurance     39  
 
    4.25     Insiders and Conflicts of Interest     40  
 
    4.26     Brokers     40  
 
    4.27     No Sale Agreements     41  
 
    4.28     Compliance with Other Instruments, Laws, Etc.     41  
 
    4.29     Merger Agreement     41  
 
    4.30     Compliance with Securities Law     42  
 
    4.31     Full Access     42  
 
    4.32     Disclosure     42  
 
                   
ARTICLE V   REPRESENTATIONS AND WARRANTIES OF THE INVESTORS     42  
 
                   
 
    5.1     No Public Sale or Distribution     42  
 
    5.2     Accredited Investor Status     43  
 
    5.3     U.S. Accredited Investor Status     43  
 
    5.4     Reliance on Exemptions     44  
 
    5.5     No General Solicitation or Advertising     44  
 
    5.6     Information     44  
 
    5.7     No Governmental Review     45  
 
    5.8     Transfer or Resale     45  
 
    5.9     Legends     45  
 
    5.10     Consent     47  
 
    5.11     Foreign Issuer     47  
 
    5.12     Compliance with Transfer Restrictions     48  
 
    5.13     Filings     48  
 
    5.14     Validity; Enforcement     48  
 
    5.15     Residency     48  
 
    5.16     No Representations Regarding Resale     48  
 
    5.17     Adverse Actions     48  
 
                   
ARTICLE VI   REGISTRATION AND TRANSFER OF SECURITIES     49  
 
                   
 
    6.1     Transfer and Exchange of Purchased Shares     49  
 
    6.2     Replacement of Certificates     49  
 
    6.3     Share Subscription Agreement     49  
 
                   
ARTICLE VII   COVENANTS OF THE CORPORATION     50  
 
                   
 
    7.1     Pre-Closing Covenants     50  
 
    7.2     Post-Closing Covenants     50  

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TABLE OF CONTENTS
(continued)
                     
                Page  
ARTICLE VIII   EXPENSES     50  
 
                   
 
    8.1     Reimbursement of Expenses     50  
 
    8.2     Broker Fees     51  
 
    8.3     Put Option     51  
 
    8.4     Withholding Rights     51  
 
                   
ARTICLE IX   INDEMNIFICATION     51  
 
                   
 
    9.1     Non-Merger and Exclusive Remedy     51  
 
    9.2     General Indemnification     52  
 
    9.3     Agency for Representatives     53  
 
    9.4     Time Limitations     53  
 
    9.5     Limitations as to Amount     53  
 
    9.6     Notice of Third Party Claims     54  
 
    9.7     Defence of Third Party Claims     54  
 
    9.8     Assistance for Third Party Claims     54  
 
    9.9     Settlement of Third Party Claims     55  
 
    9.10     Direct Claims     55  
 
    9.11     Failure to Give Timely Notice     55  
 
    9.12     Reductions and Subrogation     56  
 
    9.13     Tax Effect     56  
 
    9.14     Additional Rules and Procedures     56  
 
ARTICLE X   GENERAL     57  
 
 
    10.1     Amendments     57  
 
    10.2     Waiver     57  
 
    10.3     Successors and Assigns     57  
 
    10.4     Notices     57  
 
    10.5     Binding Effect and Benefits     59  
 
    10.6     Further Assurances     60  
 
    10.7     Arbitration     60  
 
    10.8     Counterparts     60  
 
    10.9     Language     60  
 
          20        

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CLASS 1 CONVERTIBLE PREFERRED SHARE SUBSCRIPTION AGREEMENT
THIS AGREEMENT is made this 16th day of August, 2007,
BY AND AMONG:
MITEL NETWORKS CORPORATION, a corporation incorporated under the laws of Canada (the “Corporation”);
ARSENAL HOLDCO I, S.A.R.L. (“Francisco Partners”), and the other Francisco Partners investors identified in Schedule D (collectively the “FP Investors”); and
MORGAN STANLEY PRINCIPAL INVESTMENTS, INC. (“Morgan Stanley”) and the other Morgan Stanley investors identified in Schedule D (collectively, the “MS Investors” and together with the FP Investors, the “Investors”)
RECITALS:
A.   The Corporation proposes to acquire indirectly all of the outstanding stock of Inter-Tel (Delaware), Incorporated (the “Merger”) pursuant to the terms of an Agreement and Plan of Merger between Inter-Tel (Delaware), Incorporated (“Inter-Tel”), the Corporation and Arsenal Acquisition Corporation dated April 26, 2007 (the “Merger Agreement”).
 
B.   In order to finance a portion of the Merger, the Corporation wishes to issue and sell an aggregate of 263,087 Class 1 Convertible Preferred Shares in the capital of the Corporation and warrants to purchase up to 19,936,071 Common Shares of the Corporation to Investors, severally and not jointly, and Investors, severally and not jointly, wish to purchase such shares and warrants upon the terms and conditions set forth in this Agreement (the “Investment”).
 
C.   Immediately upon completion of the restructuring transactions set forth on Schedule E (the “Restructuring Transactions”) or otherwise contemplated by this Agreement and the Other Agreements, including the completion of the Investment, the issued and outstanding capital of the Corporation shall be as set out in Schedule A.
THEREFORE the parties agree as follows:
ARTICLE I
DEFINITIONS AND PRINCIPLES OF INTERPRETATION
1.1 Definitions
Whenever used in this Agreement (including the Recitals hereto), the following words and terms shall have the meanings set out below:
2006 Equity Compensation Plan” means the Corporation’s equity compensation plan approved by the shareholders on September 7, 2006;


 

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Affiliate” of a Person means any Person that would be deemed to be an “affiliated entity” of such first mentioned Person under National Instrument 45-106 promulgated under the Securities Act (Ontario) as it exists on the date of this Agreement;
Affiliated Group” includes any combined, consolidated, or unitary group, as defined under any applicable United States, Canadian, state, provincial, local, or foreign income tax law;
Agreement” means this Class 1 Convertible Preferred Share Subscription Agreement, including all schedules and exhibits and all amendments or restatements as permitted, and references to “Article” or “Section” mean the specified Article or Section of this Agreement;
Arm’s Length” has the meaning ascribed to such term for the purposes of the Income Tax Act (Canada);
Business” means the business of the Corporation and its Subsidiaries consisting of developing, selling, licensing, distributing, servicing and maintaining, as applicable, enterprise and customer premises business communications solutions and services, including advanced voice, video and data communications platforms over internet protocol, desktop phones, Internet appliances and client and server software applications and code (including applications for customer relationship management and mobility, messaging and multimedia collaboration), including the business of Inter-Tel (Delaware) Incorporated and its subsidiaries;
Business Day” means any day, other than a Saturday or Sunday, on which chartered banks in Ottawa, Ontario and San Francisco, California are open for commercial banking business during normal banking hours;
Canadian Securities Laws” means the securities legislation, regulations, rules and published policy statements, blanket orders and blanket rulings and other regulatory instruments of the securities commissions and other regulatory authorities of the Province of Ontario;
Claim” means any act, omission or state of facts, and any Legal Proceeding, assessment, judgment, settlement or compromise relating thereto, which may give rise to a right to indemnification under Article IX of this Agreement;
Class 1 Shares” means the Class 1 Convertible Preferred Shares in the capital of the Corporation having substantially the rights, privileges, restrictions and conditions set forth in Exhibit A;
Closing” means the completion of the subscription for the Purchased Shares by the Investors as contemplated in this Agreement;
Closing Date” means the date of the closing of the Merger or such earlier or later date as the Corporation and the Investors may agree in writing;
Code” means the United States Internal Revenue Code of 1986, as amended;


 

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Collective Agreement” means any collective agreement, letter of understanding, letter of intent or other written communication with any labor union or employee association that governs the terms and conditions of employment of any employees of the Corporation or any Subsidiary, including the collective agreements listed in Section 4.18 of the Disclosure Schedule;
Common Shares” means the common shares in the capital of the Corporation;
Contract” means any written, oral, implied or other agreement, contract, lease, understanding, arrangement, instrument, note, guarantee, indemnity, representation, warranty, deed, assignment, power of attorney, certificate, commitment, option, covenant, assurance or undertaking of any nature. For the purposes of any disclosure required under Section 4.19, the term “Contracts” shall not include any Contracts as between the Corporation and its Subsidiaries;
Converted Shares” means the Common Shares issued or issuable upon the conversion of the Class 1 Shares and/or the Warrants;
Debt Financing” means the US$430,000,000.00 in senior secured financing issued pursuant to the First and Second Lien Credit Agreements by and between the Corporation, Mitel Networks, Inc., Mitel US Holdings, Inc., Arsenal Acquisition Corporation, Inter-Tel, the various lenders from time to time party thereto, Morgan Stanley Senior Funding, Inc., and Morgan Stanley Senior Funding (Nova Scotia) Co.;
Disclosure Schedule” means the schedule of exceptions to the representations and warranties of the Corporation, attached as Schedule B;
EdgeStone” means EdgeStone Capital Equity Fund II-B GP, Inc., as agent for EdgeStone Capital Equity Fund II-A, L.P. and its parallel investors, and EdgeStone Capital Equity Fund II Nominee, Inc., as nominee for EdgeStone Capital Equity Fund II-A, L.P. and its parallel investors;
Employee Plans” means all plans, arrangements, agreements, programs, policies, practices or undertakings, whether or not in writing, with respect to some or all of the current or former directors, officers, employees, independent contractors, agents or other service providers of the Corporation or any of the Subsidiaries which provide for or relate to:
  (a)   bonus, profit sharing or deferred profit sharing, performance compensation, deferred or incentive compensation, share compensation, share purchase or share option purchase, share appreciation rights, phantom stock, employee loans, or any compensation in addition to salary,
 
  (b)   retirement or retirement savings, including, without limitation, registered or unregistered pension plans, pensions, supplemental pensions, registered retirement savings plans and retirement compensation arrangements, or
 
  (c)   insured or self-insured benefits for or relating to income continuation or other benefits during absence from work (including short term disability,


 

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      long term disability and workers compensation), vacation, sick pay, hospitalization, health, welfare, legal costs or expenses, medical or dental treatments or expenses, life insurance, accident, death or survivor’s benefits, supplementary employment insurance, day care, tuition or professional commitments or expenses or similar employment benefits;
Encumbrance” means any mortgage, hypothec, lien (statutory or otherwise), charge, pledge, security interest, right of set-off, or other type of encumbrance whether fixed or floating, on any asset or assets, whether real, personal or mixed, tangible or intangible, or pledge or hypothecation of any such assets or any easement, conditional sales agreement or any other title retention agreement or arrangement relating to any such assets, option, right of pre-emption, privilege, or any obligation to assign, license or sub-license any asset including the Business IP (as defined in Section 1.2), or any action, claim, right to salvage, execution or demand of any nature whatsoever, howsoever created or arising, or any Contract to create any of the foregoing (other than any lien for Taxes not yet due and owing);
Environmental Laws” means, collectively, any and all federal, provincial, state, territorial, local or foreign statutes, regulations, ordinances, orders, and decrees relating to public health and safety, health and safety of employees, or the environment;
ERISA” means the United States Employee Retirement Income Security Act of 1974, as amended;
ERISA Affiliate” means any entity that, together with the Corporation, would be treated as a single employer under section 414 of the Code;
Exchange Act” means the United States Securities Exchange Act of 1934, as amended;
Existing Shareholders Agreement” means the Shareholders Agreement made as of August 23, 2004 and amended on June 26, 2006 among the Corporation, EdgeStone, Zarlink Semiconductor Inc., PTIC, Wesley Clover Corporation, Celtic Tech Jet Limited and Dr. Terence Matthews;
Expenses” has the meaning ascribed thereto in Section 8.1;
Financial Statement Date” has the meaning ascribed thereto in Section 4.9;
Financial Statements” has the meaning ascribed to such term in Section 4.9;
Government Antitrust Entity” has the meaning ascribed thereto in Article III;
Governmental Authority” means any government, regulatory authority, governmental department, agency, commission, bureau, official, minister, Crown corporation, court, board, tribunal, dispute settlement panel or body or other law, rule or regulation-making entity: (a) having or purporting to have jurisdiction on behalf of any nation, province, state or other geographic or political subdivision thereof; or (b) exercising, or entitled or purporting to exercise any administrative, executive, judicial, legislative, policy, regulatory or taxing authority or power;


 

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Hazardous Substance” means any pollutant, contaminant, toxic substance, methane gas, oil, or hazardous materials or other chemicals or substances regulated, listed, defined, designated or classified by any Environmental Laws;
Indebtedness” means:
  (a)   all indebtedness for borrowed money, whether current or long-term, or secured or unsecured,
 
  (b)   all indebtedness for the deferred purchase price of property or services represented by a note or security agreement,
 
  (c)   all indebtedness created or arising under any conditional sale or other title retention agreement (even though the rights and remedies of the seller or lender under such agreement in the event of default may be limited to repossession or sale of such property),
 
  (d)   all indebtedness secured by a purchase money security interest or other Lien to secure all or part of the purchase price of property subject to such interest or Lien,
 
  (e)   all obligations under leases that have been or must be, in accordance with generally accepted accounting principles, recorded as capital leases in respect of which the Corporation or any Subsidiary is liable as lessee,
 
  (f)   any liability in respect of banker’s acceptances or letters of credit, and
 
  (g)   all indebtedness of any Person that is directly or indirectly guaranteed by the Corporation or any Subsidiary or that the Corporation or any Subsidiary has agreed (contingently or otherwise) to purchase or otherwise acquire or in respect of which it has otherwise assured a creditor against loss;
Insiders” has the meaning ascribed thereto in the Securities Act (Ontario);
Investment” has the meaning ascribed thereto in the Recitals hereto;
Leased Real Property” means real property which the Corporation or a Subsidiary has a right to use or occupy pursuant to a lease, including those set forth and described in Section 4.13(a) of the Disclosure Schedule;
Legal Proceeding” means any litigation, action, suit, investigation, inquiry, hearing, claim, complaint, grievance, arbitration proceeding, mediation, alternative dispute resolution procedure or other proceeding (court, administrative, regulatory or otherwise), and includes any appeal or review of and any application for same;
Liens” means any and all liens, claims, mortgages, hypothecs, security interests, charges, Encumbrances, and restrictions on transfer of any kind, except, in the case of references to securities, any of the same arising under applicable corporate or securities laws solely by reason of the fact that such securities were issued pursuant to exemptions


 

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from registration or prospectus requirements under such securities laws or otherwise arising pursuant to the Shareholders Agreement or Registration Rights Agreement;
Loss” means any and all loss, liability, damage, cost, expense, charge, fine, penalty or assessment (including consequential damages, but excluding loss of profits or revenue), resulting from or arising out of any Claim, including the costs and expenses of any Legal Proceeding in relation to any such Claim, and any assessment, judgment, settlement or compromise relating thereto and all interest, punitive damages, fines and penalties and reasonable legal fees and expenses incurred in connection therewith;
Material Adverse Effect” means a material adverse effect on the condition (financial or otherwise), operations, business or assets of the Corporation and the Subsidiaries taken as a whole or the Corporation’s ability to consummate the transactions hereby contemplated other than a Material Adverse Effect resulting from industry wide conditions or the Merger;
Material Subsidiary” means each of Mitel Networks Holding Limited, Mitel Networks Limited, Mitel Networks, Inc., Mitel Networks International Limited and Mitel Networks Overseas Limited;
Merger” has the meaning set out in the Recitals.
Other Agreements” means all of the agreements, instruments, certificates, and other documents, including the Shareholders Agreement, the Registration Rights Agreement and the Warrants, executed and delivered by or on behalf of the Corporation or the Investors or any of their respective Affiliates at the Closing or otherwise in connection with this Agreement and the transactions contemplated herein (including, without limitation, the certificates referred to in Sections 2.4(b)(ii) and 2.4(b)(iii));
Owned Real Property” means the real and immoveable property owned by the Corporation or any Subsidiary, as described in Section 4.13(a) of the Disclosure Schedule, and includes all plants, buildings, structures, erections, improvements, appurtenances and fixtures situate thereon or forming part thereof;
Party” or “Parties” means a party to this Agreement;
Permit” means any permit, license, approval, authorization, certificate, directive, order, variance, registration, right, privilege, concession or franchise issued, granted, conferred or otherwise created by any Governmental Authority;
Permitted Transferee” has the meaning ascribed to such term in the Shareholders Agreement;
Person” means any individual, sole proprietorship, partnership, unlimited liability company, limited liability company, limited partnership, firm, joint venture, entity, unincorporated association, unincorporated syndicate, unincorporated organization, trust, body corporate, corporation, Governmental Authority, and where the context requires any of the foregoing when they are acting as trustee, executor, administrator or other legal representative;


 

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PTIC” means Power Technology Investment Corporation;
Purchase Price” has the meaning ascribed thereto in Section 2.2;
Purchased Shares” has the meaning ascribed thereto in Section 2.1;
Real Property” means, collectively, the Leased Real Property and the Owned Real Property;
Registration Rights Agreement” means the registration rights agreement to be entered into between the Corporation, the Investors and certain other shareholders of the Corporation, substantially in the form attached hereto as Exhibit C;
Restructuring Transactions” has the meaning set out in the Recital C.
SEC” means the United States Securities and Exchange Commission;
Securities” means Purchased Shares, Warrants and Converted Shares;
Securities Act” means the United States Securities Act of 1933, as amended;
Securities Authorities” means the securities commissions and other regulatory authorities administering Canadian Securities Laws;
Shareholders Agreement” means the shareholders agreement to be entered into by the Corporation, the Investors and certain other shareholders of the Corporation, substantially in the form attached hereto as Exhibit B;
Stock Option Plan” means the stock option plan of the Corporation enacted on March 6, 2001, as amended on May 8, 2001, August 3, 2001, June 18, 2002, September 6, 2002, June 13, 2003, July 15, 2004, March 17, 2005 and September 9, 2005;
Subsidiaries” means: (a) any corporation at least a majority of whose outstanding Voting Shares is owned, directly or indirectly, by the Corporation or by one or more of its Subsidiaries, or by the Corporation and by one or more of its Subsidiaries, and includes each of the corporations identified in Section 4.3 of the Disclosure Schedule; (b) any general partnership, at least a majority of whose outstanding partnership interests shall at the time be owned by the Corporation, or by one or more of its Subsidiaries, or by the Corporation and one or more of its Subsidiaries; (c) any limited partnership of which the Corporation or any of its Subsidiaries is a general partner, and “Subsidiary” means any one of them; and (d) any limited liability company of which the Corporation or any of its subsidiaries is a managing member;
Tax” or “Taxes” means all taxes, assessments, duties, fees, levies, or other charges imposed by any Governmental Authority, including, without limitation, all federal, provincial, state, local, foreign and other income, corporation, franchise, profits, capital gains, estimated, sales, use, goods and services, transfer, registration, value added, excise, natural resources, severance, stamp, occupation, premium, environmental, customs, duties, imposts, real property, personal property, capital stock, unemployment, disability,


 

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payroll, license, employee, deficiency assessments, withholding and other taxes, assessments, charges, duties, fees, levies or other charges of any kind whatsoever imposed by any Governmental Authority (whether payable directly or by withholding and whether or not requiring the filing of a Tax Return), including any interest, penalties, or additions to tax in respect of the foregoing and shall include any liability for such amounts as a result either of being a member of a combined, consolidated, unitary or Affiliated Group or of a contractual obligation to indemnify any Person or other entity;
Tax Return” means any return, declaration, report, claim for refund, information return, or other document (including any related or supporting estimates, elections, schedules, statements, or information) filed or required to be filed in connection with the determination, assessment, or collection of any Tax or the administration of any laws, regulations, or administrative requirements relating to any Tax;
Time of Closing” means 11:00 a.m. (Eastern standard time) on the Closing Date;
U.S. Employee Plans” means each “employee benefit plan”, as such term is defined in section 3(3) of ERISA, that is maintained or contributed to by the Corporation or any ERISA Affiliate to the extent that any such plan benefits U.S. employees;
Voting Shares” means shares, interests, participations or other equivalents in the equity interests (however designated) of a Person having ordinary voting power for the election of the directors (or the equivalent) of such Person, other than shares, interests, participations or other equivalents having such power only by reason of contingency; and
     “Warrants” means up to 19,936,071 warrants to purchase Common Shares of the Corporation to be issued by the Corporation to the Investors at the Closing.
1.2 Intellectual Property Definitions
Whenever used in this Agreement, the following words and terms shall have the meanings set out below:
Business IP”, “Licensed IP” and “Owned IP” shall have the respective meanings set forth in Section 4.21 hereof;
Commercial Software Licenses” means “shrink-wrap”, “web-wrap”, “click-wrap” or other similar generic licenses for commercially available software available to the public through retail dealers, and which are not, individually or in the aggregate, material to the Business;
Employee IP Agreement” means the agreements entered into and to be entered into by employees and consultants of the Corporation or the Subsidiaries in favor of the Corporation or a Subsidiary, as the case may be, relating to proprietary information and assignment of inventions;
Intellectual Property” or “IP” means any or all of the following and all intellectual property and other rights in, arising out of or associated with:


 

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  (a)   all patents and utility models and applications therefor (whether registered or not) and all provisionals, re-issuances, continuations, continuations-in-part, divisions, revisions, supplementary protection certificates, extensions, and re-examinations thereof and all equivalent or similar rights anywhere in the world in inventions and discoveries including invention disclosures (“Patents”),
 
  (b)   all trade-marks, service marks, trade names, trade dress, logos, business, corporate and product names and slogans and registrations and applications for registration thereof (“Trade-marks”);
 
  (c)   all copyrights in copyrightable works, and all other rights of authorship, worldwide, and all applications, registrations and renewals in connection therewith (“Copyrights”),
 
  (d)   all integrated circuit topographies, integrated circuit topography registrations and applications therefor, and any equivalent or similar rights in semiconductor topographies, layouts, architectures or maskworks (“IC Topographies”),
 
  (e)   all industrial design registration and applications therefor, and any equivalent or similar rights in any features of shape, configuration, pattern or ornament and combination of those features (“Industrial Designs”), and
 
  (f)   all Internet or world wide web addresses, domain names and sites and applications and registrations therefor (“Domain Names”);
Registered IP” means all Canadian, United States, international and foreign: (i) Patents, including applications therefor; (ii) registered Trade-marks, applications to register Trade-marks, including intent-to-use applications, or other registrations or applications related to Trade-marks; (iii) Copyrights registrations and applications to register Copyrights; (iv) IC Topography registrations and applications to register IC Topographies; (v) Industrial Design registrations and applications to register Industrial Designs; (vi) Domain Name registrations and applications to register Domain Names; and (vii) any other Technology that is the subject of an application, certificate, filing, registration or other document issued by, filed with, or recorded by, any Governmental Authority, including any federal, state, provincial or foreign government or other public or private legal authority at any time; and
Technology” means any or all of the following: (i) works of authorship including, without limitation, computer programs, source code and executable code, whether embodied in software, firmware or otherwise, documentation, designs, methods, techniques, processes, files, industrial models, schematics, specifications, net lists, build lists, records and data; (ii) inventions (whether or not patentable), improvements and enhancements; (iii) proprietary and confidential business and technical information, including manufacturing processes, technical data, trade secrets, ideas, research and development and know how; (iv) databases, data compilations and collections and technical data; and (v) all documentation related to the foregoing, including without


 

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limitation installation manuals, operator’s manuals, system manuals, user manuals, conversion and other materials, printout specifications, system test data and error message listings.
1.3 Certain Rules of Interpretation in this Agreement:
  (a)   Currency – Unless otherwise specified, all references to money amounts are to lawful currency of the United States of America.
 
  (b)   Governing Law – This Agreement is a contract made under and shall be construed, interpreted and enforced in accordance with the laws of the State of New York, without giving effect to any choice of law or conflicting provision or rule (whether of the State of New York or any other jurisdiction) that would cause the laws of any jurisdiction other than the State of New York to be applied. Any Legal Proceeding arising out of or relating to this Agreement shall be brought in the courts of New York and each of the Parties hereby irrevocably submits to the exclusive jurisdiction of such courts.
 
  (c)   Headings – Headings of Articles and Sections are inserted for convenience of reference only and shall not affect the construction or interpretation of this Agreement.
 
  (d)   Number and Gender – Unless the context otherwise requires, words importing the singular include the plural and vice versa and words importing gender include all genders.
 
  (e)   Statutory References – A reference to a statute includes all regulations made pursuant to such statute and, unless otherwise specified, the provisions of any statute or regulation which amends, supplements or supersedes any such statute or any such regulation.
 
  (f)   Time Periods – Unless otherwise specified, time periods within or following which any payment is to be made or act is to be done shall be calculated by excluding the day on which the period commences and including the day on which the period ends and by extending the period to the next Business Day following if the last day of the period is not a Business Day.
 
  (g)   Time – Time is of the essence in the performance of the Parties’ respective obligations under this Agreement.
 
  (h)   Business Days – If any payment is required to be made or other action is required to be taken pursuant to this Agreement on a day which is not a Business Day, then such payment or action shall be made or taken on the next Business Day.
 
  (i)   Including – Where the word “including” or “includes” is used in this Agreement, it means “including (or includes) without limitation”.


 

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  (j)   No Strict Construction – The language used in this Agreement is the language chosen by the Parties to express their mutual intent, and no rule of strict construction shall be applied against any Party.
 
  (k)   Severability – If, in any jurisdiction, any provision of this Agreement or its application to any Party or circumstance is restricted, prohibited or unenforceable, such provision shall, as to such jurisdiction, be ineffective only to the extent of such restriction, prohibition or unenforceability without invalidating the remaining provisions of this Agreement and without affecting the validity or enforceability of such provision in any other jurisdiction or without affecting its application to other Parties or circumstances.
1.4 Knowledge
Any reference to the knowledge or awareness of the Corporation or a Subsidiary or like terms shall mean the actual knowledge of Don Smith, Steve Spooner, Greg Hiscock, Doug McCarthy, Paul Butcher, Sheryl Urie, Todd Richardson and any knowledge which any such individual could reasonably have acquired through the exercise of due inquiry regarding the relevant matter, including but not limited to review of the Merger Agreement and disclosure schedules provided in connection therewith.
1.5 Entire Agreement
This Agreement and the Other Agreements together constitute the entire agreement between the Parties and set out all the covenants, promises, warranties, representations, conditions, understandings and agreements between the Parties with respect to the subject matter of this Agreement and the Other Agreements and supersede all prior understandings, agreements, negotiations and discussions between the Parties. There are no covenants, promises, representations, warranties, terms, conditions, undertakings, understandings or other agreements, oral or written, express, implied or collateral, between the Parties in connection with the subject matter of this Agreement and the Other Agreements other than as expressly set forth or referred to in this Agreement, the Fee Letter or the Other Agreements.
1.6 Schedules
The Schedules to this Agreement, as listed below, are an integral part of this Agreement:
           
 
Schedule A
  -   Post-Closing Capitalization Table
 
Schedule B
  -   Disclosure Schedule
 
Schedule C
  -   Financial Statements
 
Schedule D
  -   Investors
 
Schedule E
  -   Restructuring Transactions
1.7 Exhibits
The Exhibits to this Agreement, as listed below, are an integral part of this Agreement:
           
 
Exhibit A
  -   Class 1 Share Terms
 
Exhibit B
  -   Form of Shareholders Agreement


 

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Exhibit C
  -   Form of Registration Rights Agreement
 
Exhibit D
  -   Form of Legal Opinion of Counsel to the Corporation
 
Exhibit E
  -   Form of Warrant
ARTICLE II
SHARE SUBSCRIPTION
2.1 Subscription and Issuance of Purchased Shares
Subject to all of the terms and conditions hereof and in reliance on the representations and warranties set forth herein, the Corporation hereby agrees to issue and sell to Investors, severally and not jointly, and Investors, severally and not jointly, agree to purchase from the Corporation an aggregate of 263,087 of the Corporation’s authorized but unissued Class 1 Shares (the “Purchased Shares”) and the Warrants. The Purchased Shares and the Warrants shall be allocated among the Investors as set forth on Schedule D.
2.2 Purchase Price
The purchase price for each Purchased Share shall be US$1,000. The aggregate purchase price (the “Purchase Price”) for the Purchased Shares equals US$263,087,000. The aggregate purchase price (the “Warrant Purchase Price”) for the Warrants equals US$0.01.
2.3 Closing
Subject to the fulfillment of the conditions in Sections 2.5 and 2.6, the Closing shall take place at the Time of Closing on the Closing Date at the offices of the Corporation’s legal counsel, or at such other place as the Corporation and the Investors may agree. At the Closing, the Corporation shall issue and sell, and the Investors, severally and not jointly, shall purchase, the Purchased Shares for the Purchase Price and the Warrants for the Warrant Purchase Price.
2.4 Closing Deliveries
  (a)   At the Closing:
  (i)   the Corporation shall deliver to the Investors one or more certificates representing the Purchased Shares and the Warrants, free and clear of all Liens, registered in the name of the Investors (or as directed in writing by the Investors) in the Corporation’s records, in the amounts set forth next to such Investor’s name on Schedule D hereto; and
 
  (ii)   each of the Investors shall pay to the Corporation (or as it may otherwise direct) its respective portion of the Purchase Price by bank draft or wire transfer of immediately available funds.
  (b)   At the Closing, the Corporation shall also deliver or cause to be delivered to the Investors each of the following, together with such other documents as the Investors may reasonably require:


 

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  (i)   a certificate of compliance issued by Industry Canada dated the Closing Date with respect to the legal existence and good standing of the Corporation under the laws of Canada and a similar certificate for each Material Subsidiary dated not more then three Business Days prior to the Closing Date issued by the appropriate authorities with respect to its legal existence and good standing under the laws of its respective jurisdiction;
 
  (ii)   a certificate of the Corporation’s President or another authorized officer of the Corporation, not in his personal capacity, dated as of the Closing Date, in form reasonably satisfactory to the Investors, certifying: (A) an attached true and complete copy of the Corporation’s articles of incorporation together with all amendments thereto; (B) an attached true and complete copy of the Corporation’s current by-laws; (C) an attached true and complete copy of the resolutions of the Corporation’s board of directors and, if necessary, shareholders, respectively, with respect to the transactions hereby contemplated or otherwise to be effected at the Closing; and (D) the incumbency of the Corporation’s officers;
 
  (iii)   a certificate of the Corporation’s President or another authorized officer of the Corporation, not in his personal capacity, in a form reasonably satisfactory to the Investors, certifying for and on behalf of the Corporation that the Corporation has complied with all covenants and satisfied all terms and conditions of this Agreement on its part to be complied with or satisfied at or prior to the Time of Closing on the Closing Date, including, without limitation, each of those specified in Section 2.5 below;
 
  (iv)   a written legal opinion of Osler, Hoskin & Harcourt LLP dated the Closing Date and substantially in the form attached hereto as Exhibit D; and
 
  (v)   payment of the amounts then due under the Fee Letter and under Section 8.1.
2.5 Closing Conditions in Favor of Investors
The transactions herein contemplated, including the issue and sale of the Purchased Shares and the Warrants in accordance with the terms of this Agreement, are subject to the following terms and conditions, which are inserted for the exclusive benefit of the Investors to be fulfilled or performed at or prior to the Time of Closing on the Closing Date, and the Corporation shall provide such evidence as may be requested by the Investors, acting reasonably, that each such condition has been fulfilled (provided that such evidence is within the power and control of the Corporation to so provide):
  (a)   Performance of Obligation. All of the covenants and conditions of this Agreement to be performed and/or to be complied with by the Corporation at or prior to the Time of Closing on the Closing Date shall have been performed or complied with, in all material respects; and all of the Corporation’s representations and warranties in this Agreement shall be accurate in all respects as of the Closing


 

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      Time and as if made at the Time of the Closing other than such inaccuracies, individually and in the aggregate, as would not have or would not reasonably be expected to have a Material Adverse Effect.
 
  (b)   Approvals and Consents. All approvals or consents shall have been obtained as are required to permit the execution and delivery by the Corporation of this Agreement and each of the Other Agreements to which the Corporation is a party and the consummation by the Corporation of the transactions contemplated hereby and thereby, including:
  (i)   all approvals and consents of the shareholders and directors required with respect to the filing of the Articles of Amendment; and
 
  (ii)   if a notification is required to be filed pursuant to Part IX of the Competition Act (Canada) in connection with the Investment, (x) the Commissioner of Competition (the “Competition Commissioner”) shall have issued an advance ruling certificate pursuant to section 102 of the Competition Act in respect of the Investment; or (y) the Competition Commissioner shall have waived the obligation to notify and supply information under Part IX of the Competition Act pursuant to subsection 113(c) of the Competition Act and confirmed in writing that she has no intention to file an application under Part VIII of the Competition Act (a “no-action letter”) in respect of the Investment; or (z) the statutory waiting period under section 123 of the Competition Act shall have expired or been terminated and the Competition Commissioner shall have issued a no-action letter in respect of the Investment.
  (c)   Articles of Amendment. The Class 1 Shares shall have been added to the authorized capital of the Corporation pursuant to the Articles of Amendment and the offering, issue and sale of the Purchased Shares and the Warrants shall have been authorized by all necessary corporate action of the Corporation, its shareholders and directors, and the Corporation shall have filed the Articles of Amendment with Industry Canada and received a Certificate of Amendment therefor.
 
  (d)   Reservation of Converted Shares. The Converted Shares shall have been duly authorized and reserved for issuance.
 
  (e)   Termination of Existing Shareholders Agreement. The Existing Shareholders Agreement shall have been validly terminated in accordance with its terms.
 
  (f)   Termination of Registration Rights Agreement. All existing registration rights agreements shall be validly terminated in accordance with their terms.
 
  (g)   Shareholders Agreement. The Shareholders Agreement substantially in the form annexed hereto as Exhibit B shall have been executed and delivered by the Corporation, Wesley Clover Corporation, Terence H. Matthews, Celtic Tech Jet Limited, EdgeStone and PTIC..


 

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  (h)   Registration Rights Agreement. The Registration Rights Agreement substantially in the form annexed hereto as Exhibit C shall have been executed and delivered by the Corporation, Wesley Clover Corporation, Terence H. Matthews, Celtic Tech Jet Limited and EdgeStone.
 
  (i)   No Legal Proceedings. No Legal Proceeding shall be pending or threatened by any Person, including any Governmental Authority, to enjoin, restrict or prohibit the purchase and issuance of the Purchased Shares and/or the Warrants or Converted Shares or the Merger.
 
  (j)   Exemption from Prospectus and Registration Requirements. The issuance of the Purchased Shares pursuant to this Agreement shall be exempt from the prospectus and registration requirements of all applicable securities laws.
 
  (k)   Other Closing Documents. The Investors shall have received each of the certificates and other documents referred to in Section 2.4(b) and such other opinions, agreements, certificates, affidavits, statutory declarations, and other documentation contemplated by this Agreement.
 
  (l)   Absence of Company Material Adverse Effect. No Company Material Adverse Effect (as defined in the Merger Agreement) shall have occurred.
 
  (m)   Merger/Restructuring. All necessary conditions for the consummation of the Merger shall have been satisfied and the Merger shall close contemporaneously with the Closing and in accordance with its terms without any waiver or amendment, other than as agreed to by the Investors. The Corporation shall have provided to Investors a certified and true copy of the Merger Agreement; and such Merger Agreement shall not have been amended without Investors written consent. The Restructuring Transactions shall be consummated contemporaneously with the Closing.
 
  (n)   Debt Financing. All necessary conditions for the advance of funds pursuant to the Debt Financing shall have been satisfied and the Debt Financing shall close contemporaneously with the Closing and in accordance with its terms.
 
  (o)   Competition Law. If applicable, any waiting periods (and any extensions thereof) pursuant to applicable antitrust, competition or foreign investment review laws, rules or regulations shall have been terminated or shall have expired.
2.6 Closing Conditions in Favor of the Corporation
The transactions herein contemplated are subject to the following terms and conditions which are inserted for the exclusive benefit of the Corporation to be fulfilled or performed at or prior to the Time of Closing on the Closing Date:
  (a)   Performance of Obligations. All of the terms, covenants and conditions of this Agreement to be performed and/or complied with by the Investors at or prior to the Time of Closing on the Closing Date shall have been performed or complied with.


 

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  (b)   Approvals and Consents. All approvals and consents of the shareholders required with respect to the filing of the Articles of Amendment shall have been obtained by the Corporation.
 
  (c)   Execution of Agreements. The Investors shall have executed and delivered the Shareholders Agreement and the Registration Rights Agreement.
 
  (d)   Exemption from Prospectus and Registration Requirements. The issuance of the Purchased Shares pursuant to this Agreement shall be exempt from the prospectus and registration requirements of all applicable securities laws.
 
  (e)   Other Closing Documents. The Corporation shall have received such agreements, certificates, affidavits, statutory declarations, and other documentation contemplated by this Agreement.
 
  (f)   Restructuring. The Restructuring Transactions shall be completed contemporaneously with the Closing.
 
  (g)   Merger. All necessary conditions for the consummation of the Merger shall have been satisfied and the Merger shall close contemporaneously with the Closing and in accordance with its terms.
 
  (h)   Debt Financing. All necessary conditions for the advance of funds pursuant to the Debt Financing shall have been satisfied and the Debt Financing shall close contemporaneously with the Closing and in accordance with its terms.
 
  (i)   Competition Law. If applicable, any waiting periods (and any extensions thereof) pursuant to applicable antitrust, competition or foreign investment review laws, rules or regulations shall have been terminated or shall have expired.
ARTICLE III
COMPETITION LAW
3.1 Competition Filings
The Corporation and the Investors agree to promptly make any notification filings or other submissions pursuant to any applicable antitrust, competition or foreign investment review law as may be required and to promptly provide each and every federal, state, provincial, local or foreign court or Governmental Authority with jurisdiction over enforcement of any applicable antitrust or competition laws (“Government Antitrust Entity”) non-privileged information and documents requested by any Government Antitrust Entity or that are necessary, proper or advisable to permit consummation of the Investment and the transactions contemplated by this Agreement.
Notwithstanding anything in this Agreement to the contrary, if any objections are asserted with respect to the transactions contemplated hereby by any Government Antitrust Entity, or if any suit, action or proceeding is instituted or threatened by any Government Antitrust Entity challenging any of the transactions contemplated hereby as violative of any applicable antitrust, competition or foreign investment review law, each of the Corporation and the Investors shall


 

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use its reasonable best efforts to resolve such objections, suit, action or proceeding, or in the case of any approval that may be required under any foreign investment review law, the Investors shall use their reasonable best efforts to obtain such approval as expeditiously as reasonably possible, in each case so as to allow the Closing to occur on the Closing Date; provided, that the parties hereto understand and agree that the reasonable best efforts of any party hereto shall not be deemed to require (i) entering into any settlement, undertaking, consent decree, stipulation or agreement with any Governmental Authority in connection with the transactions contemplated hereby or (ii) divesting or otherwise holding separate (including by establishing a trust or otherwise), or taking any other action (or otherwise agreeing to do any of the foregoing) with respect to any of its or any of its Affiliates’ businesses, assets or properties.
3.2 Cooperation
Each of the Investors and the Corporation shall, in connection with the notifications, submissions and filings referred to in Section 3.1, use its reasonable best efforts, subject to all applicable laws relating thereto and to the exchange of privileged, confidential or competitively-sensitive information, to: (i) cooperate with the other party in connection with the preparation of the notifications, submissions and filings, (ii) cooperate with the other party in determining whether any action by or in respect of, or filing with, any Government Antitrust Entity is required, or any actions, consents, approvals or waivers are required to be obtained from parties to any material contracts, in connection with the consummation of the transactions contemplated by this Agreement, (iii) cooperate with the other party in taking such actions or making any such filings, furnishing information required in connection with the notifications, submissions and filings referred to in Section 3.1, and seeking timely to obtain any such actions, consents, approvals or waivers; (iv) keep the other party promptly informed of, and provide copies of, any application, notification or material communication received by such party from, or given by such party to, the relevant Government Antitrust Entity and any material communication received or given in connection with any proceeding by a private party; and (v) offer the other party the opportunity to provide comments on draft applications, notifications and other material communications to the relevant Government Antitrust Entity, recognizing that whether or not such comments are appropriate will be determined by the party making such communications, acting reasonably.
ARTICLE IV
REPRESENTATIONS AND WARRANTIES OF THE CORPORATION
The Corporation represents and warrants to the Investors as of the Time of Closing as follows, and acknowledges that the Investors are relying on such representations and warranties in connection with the transactions contemplated herein:
4.1 Incorporation and Organization
The Corporation is a corporation duly incorporated, organized and validly subsisting under the laws of Canada, and is in good standing under such laws. The Corporation has full corporate power, authority and capacity: (i) to own or lease and operate its properties and assets; (ii) to carry on its Business as presently conducted and proposed to be conducted; and (iii) to execute and deliver this Agreement and the Other Agreements and to perform all obligations contemplated herein or therein, including the filing of the Articles of Amendment, the issue, sale and delivery of the Purchased Shares, the issue and delivery of any and all Converted Shares on the conversion of the Purchased Shares.


 

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4.2 Corporate Records
The minute books of the Corporation and the minute books of each Material Subsidiary are up-to-date and have been maintained in accordance with the applicable law of their respective jurisdictions of incorporation. Such minutes books contain all articles and by-laws and a complete and accurate record of all resolutions and meetings and actions of directors (and committees thereof) and shareholders of the Corporation and each Material Subsidiary since the respective dates of incorporation of the Corporation and each Material Subsidiary, and reflect all transactions referred to in such proceedings accurately up until and including the Closing Date. All such meetings were duly called and held and all such by-laws and resolutions were duly passed or enacted. The share ledgers and registers of the Corporation and each Material Subsidiary as at the Closing Date are complete and reflect all issuances, transfers, repurchases and cancellations of shares in the capital of the Corporation and each Material Subsidiary, as applicable, as at the Closing Date. The full and complete minute books of the Corporation and each Material Subsidiary have been made available to the Investors or its counsel for review, upon request.
4.3 Subsidiaries
The full corporate name, jurisdiction of incorporation and registered and beneficial ownership of the issued and outstanding shares of each direct and indirect Subsidiary is as set forth in Section 4.3 of the Disclosure Schedule. Each of the Subsidiaries is duly incorporated, organized and validly subsisting under the laws of its jurisdiction of incorporation, and, except as disclosed in Section 4.3 of the Disclosure Schedule, is in good standing under such laws. All of the issued and outstanding shares of each Subsidiary have been duly authorized and are validly issued, fully-paid and non-assessable and are free and clear of Liens. Except for the Subsidiaries and except as set forth in Section 4.3 of the Disclosure Schedule, neither the Corporation nor any Subsidiary is or has been a partner in any partnership, participated in a joint venture, or owns or agreed or become bound to acquire any securities issued by, or acquire any equity or other ownership interest in, any other business or Person. The Material Subsidiaries are the only Subsidiaries that hold material assets or have material liabilities or that are otherwise material to the condition (financial or otherwise), operations, business, assets, or prospects of the Corporation and the Subsidiaries, taken as a whole. Each of the Material Subsidiaries has full corporate power, authority and capacity: (i) to own or lease and operate its properties and assets; and (ii) to carry on its Business as presently conducted and proposed to be conducted. None of the Subsidiaries incorporated under the laws of United Kingdom are dormant (within the meaning of section 249AA of the United Kingdom Companies Act 1985).
4.4 Qualification in Foreign Jurisdictions
The Corporation and each Subsidiary is duly qualified to carry on the Business and is in good standing as a foreign corporation in each jurisdiction in which the character of its properties owned or leased or the nature of its activities makes such qualification necessary (other than any jurisdictions in which the failure to so qualify or be in good standing would not, either in any case or in the aggregate, have a Material Adverse Effect).
4.5 Authorized, Issued and Outstanding Capital
  (a)   After giving effect to the Restructuring Transactions to occur at Closing:


 

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  (i)   the authorized capital of the Corporation will consist of: (A) unlimited Common Shares; (B) unlimited Class A Convertible Preferred Shares; (C) unlimited Class B Convertible Preferred Shares; (D) unlimited Class 1 Convertible Preferred Shares; and (E) an unlimited number of Class 2 Preferred Shares; and
 
  (ii)   213,272,400 Common Shares, the 307,087 Class 1 Shares issued pursuant to the terms of this Agreement and in connection with the Restructuring Transactions and no other shares will be issued and outstanding, and all of such issued and outstanding shares, and the Purchased Shares, are or will be at the Time of Closing, duly authorized, validly issued, fully-paid and non-assessable.
  (b)   Other than as set out in Section 4.5(b) of the Disclosure Schedule and other than as contemplated in this Agreement, after giving effect to the Restructuring Transactions to occur at Closing neither the Corporation nor any Subsidiary is bound by, and has any obligation to grant or enter into, any outstanding subscriptions, options, warrants, calls, commitments, or Contracts of any character calling for it to issue, deliver, or sell, or cause to be issued, delivered, or sold, any: (i) shares or any other equity or other security, or (ii) securities convertible (including convertible debt securities) into, exchangeable for, or representing the right to subscribe for, purchase, or otherwise acquire any shares or any other equity or other security in the capital of the Corporation or any Subsidiary, as applicable.
 
  (c)   An aggregate of 36,046,011 Common Shares (and no other shares) have been reserved for issuance to eligible directors, officers, consultants and employees of the Corporation and the Subsidiaries under the Stock Option Plan and 2006 Equity Compensation Plan. To the date hereof, options to purchase an aggregate of 22,707,591 Common Shares (and no other options) are outstanding under the Stock Option Plan and 2006 Equity Compensation Plan. Except as disclosed in Section 4.5(c) of the Disclosure Schedule, all options vest (subject to earlier termination on termination of service of the grantee) as to 25% of the shares subject to option on the first anniversary of the date of grant, and thereafter at a rate of 25% each year for a period of three years. Except as disclosed in Section 4.5(c) of the Disclosure Schedule, the Corporation has no present intention to re-price or exchange options granted under the Stock Option Plan and 2006 Equity Compensation Plan or change its practice with respect to the vesting of options granted thereunder, nor has it indicated to any Person any such intention. Other than the Stock Option Plan and 2006 Equity Compensation Plan and except as disclosed in Section 4.5(c) of the Disclosure Schedule, neither the Corporation nor any Subsidiary has any stock option plan, restricted share plan, share purchase plan, stock appreciation rights, phantom stock option plan or similar plan or arrangement providing for any equity-based compensation for the benefit of its officers, directors, employees, consultants or other service providers.
 
  (d)   Except as set forth in Section 4.5(d) of the Disclosure Schedule and except as contemplated in this Agreement and after giving effect to the Restructuring Transactions to occur at Closing, neither the Corporation nor any Subsidiary:


 

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(i) has any outstanding obligation, contingent or otherwise, contractual or otherwise, to repurchase, redeem, or otherwise acquire any of its shares or other equity securities or to pay any dividend or make any distribution to its shareholders; (ii) is a party to or bound by any Contract relating to the voting of any of its securities or that creates a voting trust, voting agreement, pooling agreement, drag-along, right of first refusal, pre-emptive right or proxy, or that restricts the ability of the shareholders to freely transfer or alienate outstanding securities of the Corporation or any Subsidiary or securities which hereafter may be issued; (iii) has knowledge of any Contract relating to the voting of any of its securities or that relates to or restricts the management of the Corporation or any Subsidiary or that creates a voting trust, voting agreement, pooling agreement, drag-along, right of first refusal, pre-emptive right or proxy, or that restricts the ability of the shareholders to freely transfer, alienate, assign or encumber outstanding securities of the Corporation or any Subsidiary or securities which hereafter may be issued; or (iv) is a party to or bound by any Contract under which any Person has the right to require it (x) to effect, or to include any securities held by such Person in, any registration under the Securities Act or any qualification by prospectus under Canadian Securities Laws, or any similar registration or qualification in any other jurisdiction, or (y) to distribute any such securities to the public in Canada, the United States or any other jurisdiction.
  (e)   Except as set forth in Section 4.5 of the Disclosure Schedule and except as contemplated in this Agreement and after giving effect to the Restructuring Transactions to occur at Closing, there are no price protection, price adjustment, anti-dilution or other similar rights (either retrospective or prospective) attached to any outstanding securities of the Corporation or any Subsidiary.
 
  (f)   The Corporation has duly reserved and shall continue at all times to reserve, solely for the purpose of issuance upon conversion of the Purchased Shares, a number of Converted Shares sufficient to cover the conversion of all such Purchased Shares. The Converted Shares issuable upon conversion of the Purchased Shares have been duly authorized and reserved for issuance and, when issued upon conversion of the Purchased Shares, shall be validly issued, fully paid and non-assessable, and free and clear of Liens.
4.6 Lawful Issuance
Except as set forth in Section 4.6 of the Disclosure Schedule, all of the outstanding shares in the capital of the Corporation and each Subsidiary and all outstanding options, warrants and other securities of the Corporation and each Subsidiary were offered, issued, and sold, and the Purchased Shares have been offered and (as and when issued) shall be issued and sold, in compliance with: (i) all applicable pre-emptive or similar rights of all Persons (except for any non-compliance which has been waived in writing); (ii) all applicable provisions of applicable securities laws in Canada, the United States and the United Kingdom in transactions exempt from the prospectus, registration or analogous requirements of such securities laws (subject to and assuming the accuracy of any representations and warranties made by purchasers of such securities, and the representations of the Investors contained in Article V hereof to the Corporation); and (iii) all other applicable laws. No Person has any valid right to rescind any


 

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purchase of, or any statutory rights of action with respect to, any shares or other securities in the capital of the Corporation or any Subsidiary, except in accordance with this Agreement.
4.7 Corporate Authorization
This Agreement and the Other Agreements, and the transactions contemplated hereby and thereby, have been duly approved and authorized by all requisite corporate action on the part of the Corporation, and this Agreement has been duly authorized, executed and delivered by the Corporation and constitutes, and each of the Other Agreements constitute, a legal, valid, and binding obligation of the Corporation enforceable against it in accordance with its terms (subject to bankruptcy, insolvency and other laws affecting the rights of creditors generally and subject to the qualification that equitable remedies may only be granted in the discretion of a court of competent jurisdiction). The execution, delivery, and performance by the Corporation of this Agreement and the Other Agreements in accordance with their respective terms, and the consummation by the Corporation of the transactions contemplated hereby or thereby, will not result (with or without the giving of notice or the lapse of time or both) in any conflict, violation, breach, or default, or the creation of any Lien, or the termination, acceleration, vesting, or modification of any right or obligation, under or in respect of: (i) the articles or by-laws of the Corporation or any Subsidiary; (ii) any judgment, decree, order, statute, rule, or regulation binding on or applicable to any of them; or (iii) any Contract to which the Corporation or any Subsidiary is a party or by which any of its assets are bound; or (iv) any Permit held by the Corporation or any Subsidiary. Any existing rights of first refusal or pre-emptive rights, or other rights restricting the issuance of securities of the Corporation, pursuant to the Existing Shareholders Agreement or otherwise, will have either been complied with, or duly and validly waived, with respect to the issuance of the Purchased Shares and the Converted Shares prior to the Time of Closing on the Closing Date.
4.8 No Governmental or Third Party Consents
Except as disclosed in Section 4.8 of the Disclosure Schedule, no material consent, approval, authorization, declaration, filing, or registration with any Governmental Authority or other Person is required to be made or obtained by the Corporation in connection with: (i) the execution and delivery of this Agreement or the Other Agreements; or (ii) the performance by the Corporation of its obligations hereunder, thereunder or under the articles of the Corporation, as amended, except as may be required pursuant to applicable securities laws (including Canadian Securities Laws) to report the issuance and sale of securities issued or issuable pursuant to the transactions contemplated in this Agreement and the Other Agreements and except for such filings required to be made with the SEC with respect to the transactions contemplated in this Agreement and the Other Agreements.
4.9 Financial Statements – Absence of Certain Changes
The audited annual financial statements for the years ended April 30, 2006 and April 30, 2007, annexed hereto as Schedule C (collectively, the “Financial Statements”), have been prepared in accordance with U.S. generally accepted accounting principles applied on a basis consistent with that of the preceding period and present fairly: (i) all of the assets, liabilities and financial position of the Corporation on a consolidated basis as at April 30, 2006 and April 30, 2007, respectively; and (ii) the sales, earnings, results of operation and changes in financial position and cash flows of the Corporation on a consolidated basis for the twelve month period ended


 

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April 30, 2007. Except as otherwise described in the Financial Statements or as set forth in Section 4.9 of the Disclosure Schedule or as set forth in Schedule C, since April 30, 2006 and April 30, 2007 (the “Financial Statement Date”) there has not been:
  (a)   other than those in the ordinary course of business consistent with past practice, any acquisition (by purchase, lease as lessee, license as licensee, or otherwise) or disposition (by sale, lease as lessor, license as licensor, or otherwise) by the Corporation or any of the Subsidiaries of any properties or assets;
 
  (b)   any Material Adverse Effect;
 
  (c)   any material transaction by the Corporation or any of the Subsidiaries with their respective Affiliates, Insiders or any other Person not at Arm’s Length with the Corporation or any Subsidiary, other than the payment of compensation and reimbursement of reasonable employee travel and other business expenses in accordance with existing employment arrangements and usual past practices;
 
  (d)   any damage, destruction, or loss, whether or not covered by insurance, that, either in any case or in the aggregate, has caused, or could reasonably be expected to cause, a Material Adverse Effect;
 
  (e)   any declaration, setting aside, or payment of any dividend or any other distribution (in cash, stock, and/or property or otherwise) in respect of any shares or other securities of the Corporation or any of the Subsidiaries;
 
  (f)   any issuance of any shares or other securities of the Corporation or any of the Subsidiaries, or any direct or indirect redemption, repurchase, or other acquisition by the Corporation or any of the Subsidiaries of any of its shares or other securities (other than the issuance of shares to optionholders upon the exercise of options granted under the Stock Option Plan or pursuant to any other Employee Plan and the repurchase or redemption of shares from employees terminated involuntarily by the Corporation or any Subsidiary, as described in Section 4.5(d) of the Disclosure Schedule);
 
  (g)   any change in the officers, directors or key employees of the Corporation or any of the Material Subsidiaries;
 
  (h)   other than in the ordinary course of business, any increase in the compensation or other benefits payable or to become payable by the Corporation or any of the Subsidiaries to any of its Affiliates, or to any of the respective officers, employees, or independent contractors of the Corporation or any of the Subsidiaries, or any bonus, severance or termination payments or arrangements made to or with any of such officers, employees, or independent contractors;
 
  (i)   any forgiveness or cancellation of any material debt or claim by the Corporation or any of the Subsidiaries or any waiver by the Corporation or any of the Subsidiaries of any right of material value, other than compromises of accounts receivable in the ordinary course of business;


 

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  (j)   other than in the ordinary course of business, any incurrence, payment, discharge, or satisfaction by the Corporation or any of the Subsidiaries of any other Indebtedness, material obligations or material liabilities, whether absolute, accrued, contingent or otherwise (including, without limitation, liabilities, as guarantor or otherwise, with respect to obligations of others), other than (A) current liabilities to Persons other than Affiliates of the Corporation incurred in the ordinary course of business, and (B) current liabilities to Persons other than Affiliates of the Corporation incurred in connection with the transactions contemplated hereby;
 
  (k)   other than in the ordinary course of business, any incurrence, discharge or satisfaction of any Lien: (i) by the Corporation or any of the Subsidiaries; or (ii) on any of the shares, other securities, properties, or assets owned or leased by the Corporation or any of the Subsidiaries;
 
  (l)   any settlement of any Legal Proceeding threatened or pending against the Corporation or any Subsidiary or any of their respective assets that, either in any case or in the aggregate, has caused or could reasonably be expected to cause a Material Adverse Effect;
 
  (m)   any change of auditor or material change with respect to any method of management operation or accounting in respect of the Business;
 
  (n)   any conduct of business by the Corporation or any of the Subsidiaries outside the ordinary course of business;
 
  (o)   any Contract by or on behalf of the Corporation, or by or on behalf of its respective Affiliates, directors, officers, employees, agents, or representatives, whether in writing or otherwise, to do or permit any of the things referred to in this Section 4.9; or
 
  (p)   to the knowledge of the Corporation any change that would have or reasonably be expected to have a Company Material Adverse Effect as defined under the Merger Agreement.
4.10 Indebtedness
Neither the Corporation nor any of the Subsidiaries is in default with respect to any outstanding material Indebtedness or any Contract relating thereto, and no such Indebtedness or Contract relating thereto purports to limit the issuance of any securities by the Corporation or any of the Subsidiaries or its operation of the Business. Complete and correct copies of all Contracts (including all amendments, supplements, waivers, and consents) relating to any material Indebtedness of the Corporation or any of the Subsidiaries have been made available by the Corporation to the Investors or their counsel for inspection.
Except for items disclosed in Section 4.10 of the Disclosure Schedule that will be repaid in the Restructuring Transactions, neither the Corporation nor any Subsidiary has outstanding any bonds, debentures, notes, mortgages or other indebtedness which mature more than one year after the date of their original creation or issuance and neither the Corporation nor any


 

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Subsidiary has agreed to create or issue any bonds, debentures, notes, mortgages or other indebtedness which will mature more than one year after the date of their creation or issue.
Immediately after the Closing the Corporation shall be in compliance with all financial and other covenants set forth in the Debt Financing documents as if tested at the Time of Closing.
4.11 Absence of Undisclosed Liabilities
Other than as set forth in the Financial Statements or as disclosed in Section 4.11 of the Disclosure Schedule, or as incurred by the Corporation or the any of the Subsidiaries in the ordinary course of business and consistent with past practice since the date of the most recent audited Financial Statements of the Corporation available as of the date of this Agreement, neither the Corporation nor any Subsidiary has any material liabilities or obligations of any nature, whether accrued, absolute, contingent, or otherwise (including liabilities as guarantor or otherwise with respect to obligations of others) and whether due or to become due and whether or not required to be accrued on the Financial Statements of the Corporation.
4.12 Tax Matters
  (a)   Neither the Corporation nor any Subsidiary has any liability, obligation or commitment, actual or contingent, for the payment of any Tax, except such as have arisen since the Financial Statement Date in the usual and ordinary course of its business. Except as disclosed in Section 4.12(a) of the Disclosure Schedule, neither the Corporation nor any of the Subsidiaries is in arrears with respect to any required withholdings or instalment payments of any material Tax. There are no agreements, waivers or other arrangements providing for an extension of time with respect to the assessment or reassessment of Tax, the filing of any Tax Return or the payment of any Tax by the Corporation or any Subsidiary, as the case may be, under the Income Tax Act (Canada) or any other legislation imposing Tax on the Corporation or any Subsidiary, as the case may be.
 
  (b)   Except as disclosed in Section 4.12(b) of the Disclosure Schedule, the Corporation and each of the Subsidiaries has filed within the times and in the manner prescribed by law all Tax Returns required to be filed by or with respect to the Corporation or any of the Subsidiaries, as the case may be, and have paid all Taxes required to be paid (whether or not shown on any Tax Return). All such Tax Returns are correct and complete in all material respects and the Corporation and each Subsidiary has made complete and accurate disclosure in such Tax Returns and in all materials accompanying such Tax Returns.
 
  (c)   Except as disclosed in Section 4.12(c) of the Disclosure Schedule, no material claim (including any claim for refunds or credits) in any Tax Return filed by the Corporation or any Subsidiary has been refused or denied by any relevant Tax authority and all such claims were made in accordance with the relevant provisions of the Income Tax Act (Canada) or any other applicable law. Adequate provision has been made in accordance with U.S. generally accepted accounting principles and, to the knowledge of the Corporation, charges, accruals and reserves on the books of each of the Corporation and the Subsidiaries in respect of any liability for Taxes are sufficient, to meet any reasonable assessment or


 

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      reassessment for instalments and Taxes not yet due and any other claim for the payment of additional Taxes.
 
  (d)   Except as disclosed in Section 4.12(d) of the Disclosure Schedule, each of the Corporation and the Subsidiaries has withheld from all payments made to its officers, directors, employees, debtholders, shareholders and other Persons the amount of all Taxes including but not limited to income tax, federal or provincial pension and medical plan contributions, unemployment insurance contributions and other deductions required to be withheld therefrom and, where such Taxes are due, have paid the same to the proper receiving officers or Tax authorities on a timely basis.
 
  (e)   Except as disclosed in Section 4.12(e) of the Disclosure Schedule, neither the Corporation nor any of the Subsidiaries is a party to or bound by any Tax sharing or allocation agreement, nor does it have any current or potential contractual obligation to indemnify any other Person with respect to Taxes.
 
  (f)   The Corporation is eligible for investment tax credits with respect to certain of its research and development activities within the meaning of the Income Tax Act (Canada).
 
  (g)   With respect to the Corporation’s investment tax credits, the Corporation has complied with applicable provisions and requirements of the Income Tax Act (Canada) and the Corporation has satisfied at all relevant times the relevant criteria and conditions entitling it to any such credits it has claimed.
 
  (h)   Except as disclosed in Section 4.12(h) of the Disclosure Schedule, neither the Corporation nor any of the Subsidiaries has any knowledge of: (x) any liability for any Tax to be imposed upon its properties or assets as of the date of this Agreement that is not adequately provided for in the Financial Statements or in its books in respect of any such liabilities arising or accruing since the Financial Statement Date; or (y) any investigations, audits or reassessments initiated or to be initiated against the Corporation or a Subsidiary by any Tax authority. No jurisdiction in which the Corporation or any Subsidiary has not filed Tax Returns has indicated to the Corporation that Tax Returns should have been filed in such jurisdiction.
 
  (i)   The Corporation has made or obtained records or documents that meet the requirements of paragraphs 247(4)(a) to (c) of the Income Tax Act (Canada) with respect to transactions and arrangements between the Corporation and any Person with whom the Corporation was not dealing at Arm’s Length.
 
  (j)   Each of the Corporation and each Subsidiary has complied with all material registration, reporting, collection and remittance requirements in respect of Taxes. Except as disclosed in Section 4.12(j) of the Disclosure Schedule, the Corporation and the Subsidiaries have collected or withheld from each receipt from or in respect of any of their past and present customers (or other Persons paying amounts to the Corporation or the Subsidiaries) the amount of all Taxes (including goods and services tax and provincial, state and foreign sales taxes)


 

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      required to be collected and have remitted such Taxes when due, in the form required under the appropriate legislation or made adequate provision in the books of each of the Corporation and the Subsidiaries for the payment of such amount to the proper receiving Tax authorities.
 
  (k)   There are no circumstances existing which could result in the application of section 78 of the Income Tax Act (Canada) to the Corporation or a Subsidiary and the Corporation or any Subsidiary has not claimed any reserve that may be included in income for any period ending after the Closing Date.
4.13 Real Property
  (a)   Except as described and set forth in Section 4.13(a) of the Disclosure Schedule, neither the Corporation nor any Subsidiary owns or has any interest in, nor is the Corporation or any Subsidiary a party to or bound by or subject to, any Contract respecting the purchase or sale of, any real or immoveable property or any lease, license, sublease, sublicense or any other Contract respecting the occupancy of any real or immovable property. Section 4.13(a) of the Disclosure Schedule accurately specifies the following:
  (i)   with respect to each separate parcel of Owned Real Property (A) the municipal address, (B) a brief description of buildings and structures thereon, and (C) details of any Encumbrances registered against title to such property; and
 
  (ii)   with respect to each lease for the Leased Real Property (A) the parties to and dates of the lease, (B) the expiry date of the lease, (C) the location (including municipal address) of the Leased Property, (D) the rental payable and any other material payments required under the lease, and (E) the date and details of any amendments or supplement to such leases.
  (b)   Each lease for material Leased Real Property listed in Section 4.13(a) of the Disclosure Schedule is valid and subsisting and in good standing, unamended except as disclosed in Section 14.3(a) of the Disclosure Schedule and the Corporation or a Subsidiary is entitled to all rights and benefits under such material leases in accordance with the terms thereof and neither the Corporation nor a Subsidiary has sublet, assigned, licensed or otherwise conveyed any rights in such material leases or the property subject thereto to any other Person, except as set forth in Section 4.13(c) of the Disclosure Schedule. Neither the Corporation nor a Subsidiary nor, to the Corporation’s knowledge, is the landlord or any other party thereto in breach of any of the provisions of any such material lease, nor does there exist any dispute, default, event or occurrence, which with the giving of notice, the lapse of time or the happening of any other event or condition would become a default under such material leases.
4.14 Personal Property
Except with respect to Real Property which is separately addressed in Section 4.13, each of the Corporation and the Subsidiaries has: (i) good and sufficient title to all of the assets and


 

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properties owned by it; (ii) good and sufficient title to the lessee interest in all assets and properties leased by it as lessee; and (iii) full right to hold and use all of the respective assets and properties used in or necessary to the Business, in each case all free and clear of Liens except applicable restrictions on assignment and/or subletting and distress rights and except for any Liens that, in any case or in the aggregate, would not have a Material Adverse Effect. All such assets and properties are, to the knowledge of the Corporation, in good condition and repair, reasonable wear and tear excepted, and are adequate and sufficient in all material respects to carry on the Business as presently conducted and as proposed to be conducted.
4.15 Health, Safety and Environmental Matters
  (a)   To the knowledge of the Corporation, the operations of the Corporation and its Subsidiaries are not in, and have not been in, violation of any applicable Environmental Laws, and neither the Corporation nor any of the Subsidiaries has received any written notice alleging any such violation.
 
  (b)   Except as disclosed in Section 4.15(b) of the Disclosure Schedule, neither the Corporation nor any Subsidiary has received written notice, or has knowledge of any facts that could give rise to any notice, that it is potentially responsible for any remedial or other corrective action or any work, repairs, construction or capital expenditures to be made under any Environmental Law.
 
  (c)   The Corporation has no knowledge of any Hazardous Substance originating from any adjoining or neighbouring properties which has migrated or is suspected to be migrating onto, into or under the Real Property.
4.16 Employment Contracts
  (a)   True and complete copies of all Contracts of employment or engagement with each senior officer of the Corporation or any Subsidiary have been made available to the Investors or their counsel. For the purposes of this clause (a), the term “officer” means any officer of the Corporation or any Subsidiary as such term is defined in section 1(1) of the Securities Act (Ontario). Except as disclosed in Section 4.16(a) of the Disclosure Schedule, there is no Contract of employment or engagement entered into with any employee, director, officer, consultant or independent contractor of the Corporation or any Subsidiary which is not terminable on the giving of reasonable notice in accordance with applicable law or in accordance with the terms of the relevant Contract. No individual who is party to an indemnity agreement with the Corporation has made any claim for indemnity under such agreement.
 
  (b)   The Corporation and each Subsidiary has the approximate number of full-time employees, and has retained the services of the number of independent contractors, set forth next to its name in Section 4.16(b) of the Disclosure Schedule. Other than as disclosed in Section 4.16(b) of the Disclosure Schedule, there is no current labor unrest, threatened labor strike or other material disagreements or difficulties with any of the Corporation’s or the Subsidiaries’ employees or independent contractors. To the knowledge of the Corporation, no officer or key employee of the Corporation or any Subsidiary has stated any


 

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      intention of terminating his or her employment with or services to the Corporation or any Subsidiary, as the case may be, nor does the Corporation or any of the Subsidiaries have any present intention of terminating the employment of any such person, as the case may be.
 
  (c)   Except as disclosed in Section 4.16(c) of the Disclosure Schedule, the Corporation is not party to or bound by any Contract or policy providing for severance payments, termination payments, or the acceleration of any option or warrant held by any director, officer, employee or consultant of the Corporation or any Subsidiary.
 
  (d)   To the knowledge of the Corporation, no present or former employee or independent contractor of the Corporation or any Subsidiary is a party to or has violated any term of any employment Contract, consulting agreement, non-competition or non-solicitation agreement, patent or other proprietary information agreement or similar Contract with, or any fiduciary duty in favor of, a former employer of such employee or independent contractor or any other third party. Neither the Corporation nor any Subsidiary has received any notice from any third party alleging that such a violation has occurred. To the knowledge of the Corporation, the continued employment or engagement by the Corporation and the Subsidiaries of their respective present employees and independent contractors will not result in any such violation.
 
  (e)   Except as set forth in Section 4.16(e) of the Disclosure Schedule, no charge, complaint, grievance, Claim, order (including a work order) or, to the knowledge of the Corporation, investigation, has been filed, made, commenced or, to the knowledge of the Corporation, threatened against the Corporation or any of the Subsidiaries, pursuant to, nor is the Corporation or any of its Subsidiaries in violation in any material respect of:
  (i)   with respect to employees in Ontario, the Ontario Human Rights Code, the Occupational Health & Safety Act (Ontario), the Workplace Safety and Insurance Act (Ontario), the Labour Relations Act, 1995, the Employment Standards Act, 2000 (Ontario) or the Pay Equity Act (Ontario); and
 
  (ii)   with respect to employees in the United States, all applicable laws in the United States relating to wages, hours and collective bargaining or otherwise relating to employees or employee safety, health or security; and
 
  (iii)   with respect to employees in the United Kingdom, the Trade Union and Labour Relations (Consolidation) Act 1992, the Equal Pay Act 1970, the Sex Discrimination Acts 1975 and 1986, the Race Relations Act 1986, the Employment Rights Act, the Trade Union Reform and Employment Rights Act 1993, the Disability Discrimination Act 1995, the Employment Relations Act 1999, the Social Security and Housing Benefits Act 1982, the Social Security Contributions and Benefits Act 1992, the Transfer of Undertakings (Protection of Employment) Regulations 1981 and the Working Time Regulations 1998.


 

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      Neither the Corporation nor any of the Subsidiaries is, to its knowledge, engaged in any unfair labor practice. There is no work stoppage or to the knowledge of the Corporation any other action, grievance, unfair labor practice complaint or dispute currently existing or to the knowledge of the Corporation threatened against the Corporation or any of the Subsidiaries that could, in the good faith judgment of the Corporation, lead to a work stoppage by the employees of the Corporation or any of the Subsidiaries. Except as disclosed in Section 4.16(e) of the Disclosure Schedule, there are no outstanding decisions or settlements or pending settlements under any legislation referenced in this Section 4.16(e) which place any obligation upon the Corporation or any of the Subsidiaries to do or refrain from doing any act.
 
  (f)   Except as disclosed in Section 4.16(f) of the Disclosure Schedule, all salary, wages, vacation pay, bonuses, commissions and employee benefit payments have been paid or are accrued but not yet due, and all such accruals are properly reflected in the books and records of the Corporation or the Subsidiaries, as the case may be.
 
  (g)   Except as disclosed in the Financial Statements or as disclosed in Section 4.16(g) of the Disclosure Schedule, since the Financial Statement Date no payments have been made or authorized by the Corporation to Insiders of the Corporation, except in the ordinary course of the business of the Corporation or at the regular rates payable to them of salary, pension, bonuses, rents or other remuneration of any nature.
 
  (h)   Except as disclosed in Section 4.16(h) of the Disclosure Schedule, the Corporation has not been and is not currently subject to any audit or investigation relating to the characterization by the Corporation or its Subsidiaries of any individuals as independent contractors.
4.17 Employee Plans
  (a)   Section 4.17(a) of the Disclosure Schedule lists all Employee Plans, including U.S. Employee Plans to which the Corporation or any Subsidiary is party, bound by or in respect of which either has any contingent or actual liability. The Corporation has made available to Investors or their counsel true, correct and complete copies of all the Employee Plans, including U.S. Employee Plans as amended as of the date hereof, together with all related material documentation, including, plan texts, plan summaries, material correspondence, if any, to and from regulatory authorities, funding documents and insurance contracts. With respect to each U.S. Employee Plan, the Corporation has provided to Investors or their counsel the most recently filed Form 5500 under the Code, if applicable.
 
  (b)   Except as disclosed in Section 4.17(b) of the Disclosure Schedule, to the knowledge of the Corporation all of the Employee Plans are and have been, in all material respects, established, registered, qualified, funded, invested, contributed to and administered in accordance with their terms and the terms of the Collective Agreements and all applicable laws, accounting standards, rules and regulations.


 

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  (c)   Except as disclosed in Section 4.17(c) of the Disclosure Schedule, all employer payments, contributions or premiums required to be remitted or paid to or in respect of each Employee Plan have been remitted or paid in a timely fashion in accordance with the terms thereof, all applicable actuarial reports and all applicable law.
 
  (d)   Except in the ordinary course of business or as disclosed in Section 4.17(d) of the Disclosure Schedule, no Employee Plan has been amended or improved and no commitment to amend or improve any Employee Plan has been made since the Financial Statement Date except as required by applicable laws and no discretion has been exercised to augment benefits.
 
  (e)   Section 4.17(a) of the Disclosure Schedule lists all Employee Plans, registered or unregistered, under which employees of the Corporation or any Subsidiary accrue pension benefits or under which benefits are provided to former employees (or to the beneficiaries or dependants of such persons) on or after retirement or termination of employment. As of the date hereof, the deficit under the Employee Plans listed in Section 4.17(a) of the Disclosure Schedule does not exceed $55 million in the aggregate.
 
  (f)   Except as disclosed in Section 4.17(f) of the Disclosure Schedule, to the knowledge of the Corporation, no fact or circumstance exists which would adversely affect the tax-exempt status of any Employee Plan.
 
  (g)   Except as disclosed in Section 4.17(g) of the Disclosure Schedule, all benefits under all Employee Plans are either fully insured or accrued and fully and accurately reflected in the books and records of the Corporation or its Subsidiaries, as applicable. Where required pursuant to applicable law or pursuant to Employee Plans, each Employee Plan has been fully funded or fully insured on an on-going, solvency and annuity buy-out basis pursuant to actuarial assumptions and methodology appropriate to the employees or former employees of the Corporation and the Subsidiaries and the Business.
 
  (h)   Except as disclosed in Section 4.17(h) of the Disclosure Schedule, to the knowledge of the Corporation, there exists no liability in connection with any former benefit plan relating to the employees or former employees of the Corporation or a Subsidiary and their beneficiaries that has terminated and all procedures for termination of each such former benefit plan has been properly followed in accordance with the terms of such former benefit plan and applicable law. In respect of employees or former employees, there is no investigation, examination, Legal Proceeding or Claim (other than routine claims for benefits or remuneration) pending or threatened involving any Employee Plan and to the knowledge of the Corporation no facts or circumstances exist which could reasonably be expected to give rise to any such investigation, examination, Legal Proceeding or Claim (other than routine claims for benefits or remuneration).
 
  (i)   No non-exempt “prohibited transaction”, as defined in section 406 of ERISA or section 4975 of the Code, has occurred with respect to any U.S. Employee Plan that could reasonably be expected to subject the Corporation or any of its


 

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      Subsidiaries to liability. Neither the Corporation nor any of its ERISA Affiliates have ever sponsored, maintained, or contributed to (i) an employee benefit plan subject to the provisions of Title IV of ERISA; (ii) a “multiemployer plan,” as defined by section 3(37) of ERISA; or (iii) a “multiple employer welfare arrangement,” as defined by section 3(40) of ERISA. Each U.S. Employee Plan which is intended to be qualified under section 401(a) of the Code is so qualified and has been so qualified during the period from its adoption to date, and, to the knowledge of the Corporation, each trust forming a part thereof is exempt from tax pursuant to section 501(a) of the Code, except as set forth in Section 4.18(b) of the Disclosure Schedule. The Corporation has made available to Investors or their counsel copies of the most recent Internal Revenue Service determination letters, if any, with respect to each such plan. All U.S. Employee Plans have been maintained in compliance with its terms and with the requirements prescribed by all applicable statutes, orders, rules and regulations.
 
  (j)   The Corporation has designated a registered — stakeholder pension scheme in accordance with the requirements of the United Kingdom Welfare Reform and Pensions Act 1999 (and Regulations made under it) in relation to all of its “relevant employees” (as defined for the purposes of that Act), and has complied with all obligations pursuant to the United Kingdom Welfare Reform and Pensions Act 1999 (and Regulations made under it).
4.18 Unions
A list of all Collective Agreements is contained in Section 4.18 of the Disclosure Schedule. No Collective Agreement restricts the relocation or closing of any part of the Business. Neither the Corporation nor any Subsidiary is, to the knowledge of the Corporation, currently in breach of any Collective Agreement. There are no written or oral agreements or, to the knowledge of the Corporation, courses of conduct that modify any Collective Agreement, except to the extent otherwise provided under applicable laws. Except as disclosed in Section 4.18 of the Disclosure Schedule:
  (a)   no employee association, trade union, council of trade unions, employee bargaining agency or affiliated bargaining agent holds bargaining rights with respect to any of the Corporation’s or any Subsidiary’s employees by way of certification, interim certification, voluntary recognition, designation or successor rights;
 
  (b)   no labor representatives have applied to have the Corporation or any Subsidiary declared a related employer pursuant to the Labor Relations Act (Ontario) or any other applicable Law; and
 
  (c)   there are no current or to the Corporation’s knowledge threatened attempts to organize or establish any trade unions or employee association with respect to the Corporation or any Subsidiary.


 

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4.19 Material Contracts
Except as disclosed in Section 4.19 of the Disclosure Schedule, neither the Corporation nor any of the Subsidiaries is a party to or otherwise bound by: (i) any Contract that may affect its ability to consummate the transactions contemplated hereby or by any of the Other Agreements; (ii) any other Contract or Contracts that are individually, or in the aggregate (in the case of a series of related agreements or agreements with the same or related parties), material to the Corporation (considered on a consolidated basis) or its Business, prospects, financial condition, operations, property or affairs (other than those purchase and sale agreements, instruments or commitments for the sale of the products or services of the Corporation entered into in the ordinary course of business); or (iii) any:
  (a)   Contract requiring it to purchase all or substantially all of its requirements for a particular product or service from a particular supplier or suppliers, or requiring it to supply all of a particular customer’s or customers’ requirements for a certain service or product;
 
  (b)   Contract entered into outside of the ordinary course of business pursuant to which the Corporation or any Subsidiary has agreed to indemnify or hold harmless any other Person from third-party claims beyond the value of the Contract to the Corporation;
 
  (c)   employment agreement, consulting agreement or other Contract providing for severance payments, acceleration of options or other additional rights or benefits (whether or not optional) in the event of the sale or other change in control of the Corporation or any Subsidiary;
 
  (d)   Contract with any current or former Affiliate, Insider or other Person not at Arm’s Length with the Corporation or any Subsidiary or with any Person in which any such Affiliate, Insider or other Person has a material interest;
 
  (e)   joint venture agreement;
 
  (f)   Contract with any domestic or foreign Governmental Authority or agency or executive office thereof or any subcontract between the Corporation or any Subsidiary and any third party relating to a Contract between such third party and any domestic or foreign Governmental Authority or agency or executive office thereof, in any case the loss of which may reasonably be expected to have a Material Adverse Effect;
 
  (g)   Contract imposing non-competition or exclusive dealing obligations on the Corporation or any Subsidiary;
 
  (h)   Contract with respect to the escrow or other deposit or availability of any Business IP; or
 
  (i)   Contract with respect to the license, distribution, or resale of any of the Business IP or joint developments related thereto (other than customer Contracts on the Corporation’s standard terms entered into in the ordinary course of business) in


 

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      any case the loss of which may reasonably be expected to have a Material Adverse Effect.
For purposes of clause (ii) above, a Contract will be considered “material” where the loss of such Contract could reasonably be expected to result in a Material Adverse Effect.
The Corporation has made available to the Investors or their counsel for inspection correct and complete copies (or written summaries of the material terms of oral agreements or understandings) of each Contract listed in Section 4.19 of the Disclosure Schedule, each as amended to date. Each such Contract is a valid, binding and enforceable obligation of the Corporation or a Subsidiary, as the case may be, and to the knowledge of the Corporation, of the other party or parties thereto, and is in full force and effect. None of such Contracts (except for Contracts disclosed in connection with clauses (c) and (d) above) contain any obligation of the Corporation or any Subsidiary that is contingent upon, or that accelerates upon, the change of control of the Corporation or any Subsidiary. Neither the Corporation nor any of the Subsidiaries, nor to the knowledge of the Corporation, any other party thereto, is, or is (to the knowledge of the Corporation) considered by any other party thereto to be, in breach of or non-compliance with any term of any such Contract (nor, to the knowledge of the Corporation, is there any basis for any of the foregoing, including, without limitation, the entering into and performance by the Corporation of this Agreement and the Other Agreements), except for any breaches or non-compliances that singly or in the aggregate would not have a Material Adverse Effect. Neither the Corporation nor any Subsidiary is party to any Contract which it does not have the capacity to perform, including the necessary personnel, equipment and supplies.
4.20 Customers, Licensors and Suppliers
  (a)   Section 4.20(a) of the Disclosure Schedule lists accurately and completely: (i) all Contracts (the “Customer Contracts”) between the Corporation or any Subsidiary and the ten most significant customers (including distributors) of the Corporation or the Subsidiary, as the case may be, considered on a consolidated basis, based on normal sales to such customer in the 24 months preceding the date of this Agreement; and (ii) all Contracts (the “Supplier Contracts”) between the Corporation or any Subsidiary and the ten most significant suppliers (including licensors of Licensed IP) of the Corporation or the Subsidiary, as the case may be, considered on a consolidated basis, based on payments to such supplier or licensor in the 24 months preceding the date of this Agreement.
 
  (b)   Neither the Corporation nor any Subsidiary is in default or breach of any Customer Contract or Supplier Contract and, to the knowledge of the Corporation, there exists no state of facts, including, without limitation, the execution, delivery and performance of this Agreement or the Other Agreements, which with notice or the passage of time or both would result in a default or breach or, if applicable, acceleration of any rights in the Customer Contracts or Supplier Contracts, except to the extent any such default or breach would not, singly or in the aggregate, be reasonably expected to have a Material Adverse Effect.
 
  (c)   Complete and accurate copies of all Customer Contracts and Supplier Contracts have been made available to Investors or their counsel by the Corporation.


 

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  (d)   During the 12 month period ended on the date hereof: (i) there has been no cancellation of or adverse modification to any Customer Contract or Supplier Contract except as indicated in Section 4.20(a) of the Disclosure Schedule (including any material decrease to the services, supplies or materials provided to a customer or to a customer’s usage or purchase of the services or products of the Corporation and any material increase in pricing or any material decrease in service levels, supplies or materials provided by a supplier); and (ii) neither the Corporation nor any Subsidiary has received any notice to the effect or has any reason to believe that there will be any cancellation or adverse modification to any Customer Contract or Supplier Contract. To the knowledge of the Corporation, there is at present no state of facts or rate of progress concerning any such obligations which, if it continued, would result in a default or breach of any Customer Contract or Supplier Contract.
 
  (e)   Except as disclosed in Section 4.20(e) of the Disclosure Schedule, in the event of the termination of, or failure of the licensor or supplier to perform, any Supplier Contract, alternative sources of supply for the products and services previously supplied under such Supplier Contract are readily available on commercially reasonable terms.
4.21 Description of Business Intellectual Property
Section 4.21 of the Disclosure Schedule contains a complete and accurate list of all Intellectual Property and Technology that the Corporation and/or one or more of the Subsidiaries owns, uses or has the right to use in the conduct of its Business and that is individually or in the aggregate material to the conduct of the Business or the loss of which could reasonably be expected to result in a Material Adverse Effect. The listing set forth in Section 4.21 of the Disclosure Schedule specifies, for each item, whether such listed Intellectual Property or Technology is owned by the Corporation or one of the Subsidiaries (“Owned IP”) or whether such listed Intellectual Property or Technology is used by the Corporation or the Subsidiaries under a Contract with another Person (“Licensed IP”), and:
  (i)   in the case of the Owned IP that is Registered IP, contains a list of all the jurisdictions in which such Intellectual Property has been issued or registered or in which an application for such issuance and registration has been filed (including abandoned or rejected applications), including the respective registration or application numbers and the names of all registered owners; and
 
  (ii)   in the case of the Licensed IP, sets forth all Contracts entered into in connection with the Licensed IP.
The Owned IP and Licensed IP (collectively referred to herein as the “Business IP”) listed in Section 4.21 of the Disclosure Schedule constitutes all of the Intellectual Property and Technology necessary to carry on the Business as presently conducted and as proposed to be conducted by the Corporation and the Subsidiaries.
True and complete copies of each Contract listed in Section 4.21 of the Disclosure Schedule with respect to the Licensed IP have been made available to the Investors or counsel for the Investors.


 

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4.22 Intellectual Property Rights
  (a)   Except as disclosed in Section 4.22(a) or Section 4.22(g) of the Disclosure Schedule, the Corporation or one of the Subsidiaries owns all right, title and interest in and to the Owned IP free and clear of any Liens and Encumbrances and, to the knowledge of the Corporation, has sole and exclusive rights (and is not contractually obligated to pay any compensation to any other Person in respect thereof) to the use thereof or the material covered thereby. Except as disclosed in Section 4.22(a) of the Disclosure Schedule, no portion of the Owned IP was jointly developed or is jointly owned by any other Person. Other than with respect to the Licensed IP and the Commercial Software Licenses, no royalties or other amounts are required to be paid by the Corporation or any Subsidiary in connection with the continued use or exploitation by the Corporation or the Subsidiaries of the Business IP.
 
  (b)   The Corporation or one of the Subsidiaries has valid and subsisting rights to use and exploit the Licensed IP in the manner currently used or required by the operation of the Business as currently carried on and proposed to be carried on. Each Contract with respect to the Licensed IP is valid and subsisting and in good standing and there is no material default thereunder. The Corporation or one of the Subsidiaries has the right to exploit, sell, license and sub-license the Licensed IP incorporated in or distributed with any existing products and/or products under development to the current and/or proposed distributors, purchasers and end-users thereof. Alternative sources of supply for the Licensed IP are available on commercially reasonable terms.
 
  (c)   Except as disclosed in Section 4.22(c) of the Disclosure Schedule, none of the Owned IP nor any service rendered by the Corporation or any of the Subsidiaries, nor any product or service currently developed, manufactured, produced, marketed, or sold by the Corporation or the Subsidiaries:
  (i)   to the knowledge of the Corporation, infringes upon the Patent or Trade-mark rights of any other Person;
 
  (ii)   infringes upon the Copyright, Domain Name, IC Topography, or Industrial Design rights of any other Person; or
 
  (iii)   to the knowledge of the Corporation, uses, is derived from or otherwise incorporates any trade secrets or confidential information of any other Person, without such Person’s authorization.
      Except as disclosed in Section 4.22(c) of the Disclosure Schedule, to the best of the Corporation’s knowledge, neither the Corporation or any of the Subsidiaries has currently received any charge, complaint, Claim, demand, or notice alleging any interference, infringement, misappropriation or violation with respect to any Business IP (including any claim that the Corporation and/or any Subsidiary must obtain a license or refrain from using any such Business IP), nor does the Corporation know of any valid grounds for any bona fide claims.


 

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  (d)   Except as disclosed in Section 4.22(d) of the Disclosure Schedule, neither the Corporation nor any Subsidiary is a party to or bound by any Contract that limits or impairs its ability to use, sell, transfer, assign, commercially exploit or convey the Owned IP.
 
  (e)   To the knowledge of the Corporation the Owned IP is not subject to any outstanding Lien, judgment, ruling, order, writ, decree, stipulation, injunction or determination by or with any Governmental Authority, nor is there (or has there been) any pending or, to the knowledge of the Corporation threatened, Legal Proceeding relating to any Owned IP or the ownership, use, enforceability or validity thereof (including any interference, reissue, re-examination or opposition proceeding or proceeding contesting the rights of the Corporation or any Subsidiary to any Owned IP which is Registered IP).
 
  (f)   Except as disclosed in Section 4.22(f) of the Disclosure Schedule, to the knowledge of the Corporation, there is no unauthorized use, infringement or misappropriation of any Owned IP by any other Person and neither the Corporation nor any of the Subsidiaries has covenanted or agreed with any Person not to sue or otherwise enforce any legal rights with respect to any of the Business IP.
 
  (g)   Section 4.22(g) of the Disclosure Schedule lists all Contracts entered into by the Corporation or a Subsidiary (other than Contracts between the Corporation or a Subsidiary and end users of their products or services entered into in the ordinary course of business) under which any Person has been granted a license by the Corporation or a Subsidiary with respect to any Business IP, and specifies for each such Contract whether the licenses granted are exclusive or non-exclusive in nature. Except as disclosed in Section 4.22(g) of the Disclosure Schedule, neither the Corporation nor any Subsidiary is bound by, nor has any obligation to enter into, any Contract (other than Contracts entered into in the ordinary course of business) that requires the Corporation or any Subsidiary to transfer or assign any of its rights in the Business IP to any other Person.
 
  (h)   The Owned IP which is Registered IP has not been used or enforced, or failed to be used or enforced, in a manner that would result, as of the date hereof, in the non-renewal, expiration, modification, abandonment, cancellation or unenforceability thereof. All presently required filing, examination and maintenance fees have been paid and all proofs of working or use have been filed in respect to the Owned IP which is Registered IP (excluding any abandoned or rejected applications set out in Section 4.22(h) of the Disclosure Schedule). The Corporation has obtained valid patent assignments from each of the inventors of the Patents that are comprised in the Owned IP. Except as disclosed in Section 4.22(h) of the Disclosure Schedule, to the knowledge of the Corporation, there is no state of facts which casts doubt on the validity or enforceability of any of the Owned IP.
 
  (i)   The Corporation and the Subsidiaries have each taken all commercially reasonable steps (including measures to protect secrecy and confidentiality) to protect such company’s right, title and interest in and to all Business IP. All


 

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      agents and representatives of the Corporation and the Subsidiaries who have or have had access to confidential or proprietary information of the Corporation and the Subsidiaries have a legal obligation of confidentiality to the Corporation with respect to such information.
 
  (j)   Except as disclosed in Section 4.22(j) of the Disclosure Schedule, all of the Owned IP, other than that acquired from third parties, was developed by full-time employees or contractors of the Corporation or a Subsidiary during the time they were employed or engaged with the Corporation or one of the Subsidiaries or predecessors of the Corporation or one of the Subsidiaries as software, information technology or hardware developers or related or supporting roles (the “Developers”). All of the Developers and other current or former employees or contractors of the Corporation and each of the Subsidiaries have duly executed and delivered Employee IP Agreements to the Corporation or a Subsidiary, as the case may be, on or before the date of commencement of their respective employment or engagement with the Corporation or a Subsidiary, as the case may be, pursuant to which they: (A) have agreed to retain in confidence any confidential or proprietary information provided or otherwise made available to them by the Corporation or any Subsidiary (including confidential or proprietary information of the third parties to whom the Corporation or any Subsidiary owes a duty of confidence); (B) have granted, assigned and transferred to the Corporation or one the Subsidiaries or predecessors of the Corporation or one of the Subsidiaries all of their right, title and interest in and to all Intellectual Property and Technology developed, conceived of, reduced to practice, authored or otherwise created by them during the course of their engagement with the Corporation or a Subsidiary; and (C) except as disclosed in Section 4.22(j) of the Disclosure Schedule, have irrevocably and unconditionally waived all moral rights and other non-assignable rights in respect of such Intellectual Property and Technology where applicable. The Corporation is not aware of any material breach of any of the Employee IP Agreements. No current or former employee or contractor of the Corporation or any Subsidiary owns, or to the knowledge of the Corporation, has claimed an interest in, any of the Business IP. Except as disclosed in Section 4.22(j) of the Disclosure Schedule, it will not be necessary to utilize any Intellectual Property or Technology of any current of former employees of or contractors to the Corporation or any Subsidiary (or any Person the Corporation or any Subsidiary currently intends to hire or engage) acquired prior to their employment or engagement by the Corporation or a Subsidiary in order to carry on the Business as presently conducted, or as anticipated to be conducted. There are no Legal Proceedings pending, or to the knowledge of the Corporation threatened, involving the prior employment of any of the employees or contractors of the Corporation or any Subsidiary, or their use in connection with the Business of the Corporation of any information, creation or technique allegedly proprietary to any of their former employers or other Persons.
 
  (k)   Except to obtain patent or other Intellectual Property protection, any disclosure of confidential or proprietary information by the Corporation, any of the Subsidiaries or any of their respective employees or agents has been pursuant to valid, binding and enforceable non-disclosure agreements, which non-disclosure agreements


 

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      have not and will not result in the deemed acquisitions by any party of any right, title or interest, or the deemed grant of any license, to use any of the Owned IP for any commercial purposes. To the knowledge of the Corporation, no disclosure of the Owned IP has been made in a manner that would prevent the Corporation or a Subsidiary or their respective successors in interest, if any, from obtaining a patent in respect of any Owned IP that would, if not for such disclosure, have been capable of being the subject matter of a Patent. In relation to each Patent application (in preparation or filed) or Patent for an invention comprised in the Owned IP, to the Corporation’s knowledge, after due inquiry, there is no professional opinion, such as the opinion of a patent agent or patent attorney, whether preliminary in nature or in any other manner qualified, to the effect that the chances of obtaining or sustaining valid Patent rights to the invention in any jurisdiction are considered to be unlikely, or less than even, or about even, or in any other manner doubtful.
 
  (l)   Except as disclosed in Section 4.22(1) of the Disclosure Schedule, no Governmental Authority, national, federal, provincial, state or other regulatory agency or body has provided any funding to the Corporation or any Subsidiary which: (i) would give such Governmental Authority, national, federal, provincial, state or other regulatory agency or body any right, title or interest in or to the Business IP; or (ii) limits or impairs the ability of the Corporation or any Subsidiary to use or to sell, transfer, assign, convey or license the Business IP outside of Canada or otherwise.
 
  (m)   Neither the Corporation nor any Subsidiary has used Publicly Available Software in whole or in part in the development of any Technology which forms part of the Owned IP in a manner that may subject such Technology or Owned IP in whole or in part, to all or part of the license obligations of any Publicly Available Software. “Publicly Available Software” means any software that contains, or is derived in any manner (in whole or in part) from, any software that is distributed pursuant to a licensing and distribution model that requires, as a condition of use, modification, and/or distribution of such software, that such software or other software incorporated into, derived from, or distributed with such software be: (A) disclosed or distributed in source code form; (B) licensed for the purpose of making derivative work; or (C) redistributable at no or minimal charge. Publicly Available Software includes, without limitation, software licensed or distributed under any of the following licenses or distribution models similar to any of the following: (i) GNU General Public License (GPL) or Lesser/Library GPL (LGPL); (ii) the Artistic License (e.g. PERL); (iii) the Mozilla Public License; (iv) the Netscape Public License; (v) the Sun Community Source License (SCSL); (vi) the Sun Industry Source License (SISL); and (vii) the Apache Server License.
 
  (n)   Except as disclosed in Section 4.22(n) of the Disclosure Schedule, neither the Corporation nor any Subsidiary has provided the source code for the software comprised in the Owned IP to any other Person, directly or indirectly, by license, transfer, sale, escrow, or otherwise, except in the ordinary course of business and subject to appropriate license or confidentiality restrictions. Neither the Corporation nor any Subsidiary is aware that any other Person has reverse


 

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      engineered, disassembled or decompiled the software comprised in the Owned IP to derive such source code.
 
  (o)   The Corporation and each Subsidiary has complied with all applicable export and import laws and regulations in each jurisdiction in which the Corporation or a Subsidiary export or import Business IP.
4.23 Litigation
Except as disclosed in Section 4.23 of the Disclosure Schedule, (i) there is no material Legal Proceeding against or involving the Corporation or any of the Subsidiaries (whether in progress or, to the knowledge of the Corporation, threatened); (ii) to the knowledge of the Corporation, no event has occurred which could reasonably be expected to give rise to any material Legal Proceeding, or result in litigation; and (iii) there is no material judgment, writ, decree, injunction, rule, award or order of any court, Governmental Authority, arbitrator or similar body outstanding against the Corporation or any of the Subsidiaries. Except as disclosed in Section 4.23 of the Disclosure Schedule, neither the Corporation nor any of the Subsidiaries is the plaintiff or complainant in any material Legal Proceeding. The Corporation and its Subsidiaries are not and have not been since the Financial Statement Date engaged in any material dispute with any of its Insiders. No shareholders of the Corporation have exercised or asserted, or to the knowledge of the Corporation, have expressed any intent to exercise or assert, any right of dissent or any oppression or other statutory remedy in connection with the Articles of Amendment or the other transactions contemplated by this Agreement.
4.24 Insurance
Section 4.24 of the Disclosure Schedule lists the policies of theft, fire, liability, worker’s compensation, life, property and casualty, directors’ and officers’, and other insurance owned or held by the Corporation or the Subsidiaries. Such policies of insurance are of the kinds and cover such risks, and are in such amounts and with such deductibles and exclusions, as are consistent with prudent business practice for owners of comparable assets and operators of comparable businesses. To the knowledge of the Corporation, all such policies are, and at all times since the respective dates set forth in Section 4.24 of the Disclosure Schedule, have been, in full force and effect, are sufficient for compliance in all material respects by the Corporation and the Subsidiaries with all requirements of law and of all Contracts (including Contracts relating to Indebtedness) to which the Corporation or any of the Subsidiaries is party, and provide that they will remain in full force and effect through the respective expiry dates set forth in Section 4.24 of the Disclosure Schedule, and will not terminate or lapse or otherwise be affected in any way by reason of the transactions contemplated hereby. Section 4.24 of the Disclosure Schedule sets forth and describes all material pending claims under any of such insurance policies. No notice of cancellation or non-renewal with respect to, or disallowance of any claim under, any of such insurance policies has been received by the Corporation or a Subsidiary. To the knowledge of the Corporation, there are no circumstances or occurrences which would or might form the basis of a material increase in premiums for the current insurance coverage maintained by the Corporation or a Subsidiary.


 

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4.25 Insiders and Conflicts of Interest
  (a)   Except as contemplated by this Agreement, the Existing Shareholders Agreement and the Other Agreements, there are no Contracts between the Corporation or any of the Subsidiaries and any Insiders other than contracts of employment entered into in the ordinary course and those disclosed in Section 4.19 (d) or Section 4.25(a) of the Disclosure Schedule.
 
  (b)   Except as disclosed in Section 4.25(b) of the Disclosure Schedule, neither the Corporation nor any of the Subsidiaries has any currently outstanding material amounts due to or from any of its Insiders.
 
  (c)   Except as set out in Section 4.25(c) of the Disclosure Schedule, neither the Corporation nor any of the Subsidiaries owns, directly or indirectly, any interest (except passive holdings for investment purposes only of not more than 1% of the securities of any publicly held and traded company) in, or is an Insider of, any Person (other than any Subsidiary) that:
  (i)   is a competitor, lessor, lessee, customer, or supplier of the Corporation or any of the Subsidiaries;
 
  (ii)   owns, directly or indirectly, any interest in any tangible or intangible property used in or necessary to the Business; or
 
  (iii)   has any cause of action or other Claim whatsoever against the Corporation or any of the Subsidiaries, or owes any amount to the Corporation or any Subsidiary, except for Claims in the ordinary course of business, such as for accrued vacation pay, accrued benefits under employee benefit plans, and similar matters and agreements.
  (d)   To the knowledge of the Corporation, no director or officer of the Corporation has been involved in any Legal Proceeding, offence or disciplinary action that would disqualify, or could reasonably be expected to disqualify, such person from acting as a director or officer of a public company.
4.26 Brokers
Other than Morgan Stanley & Co. Incorporated and Genuity Capital Markets G.P. and any subagent thereof, no finder, broker, agent, or other intermediary has acted for or on behalf of the Corporation or any of its Affiliates in connection with the negotiation or consummation of the transactions contemplated hereby to be completed at the Closing and, other than commission owing to Morgan Stanley & Co. Incorporated and Genuity Capital Markets G.P. in connection with the Merger and Debt Financing, no fee will be payable by the Corporation or any of its Affiliates to any such Person in connection with such transactions. The Corporation has delivered or made available to the Investors true and correct copies of the engagement letters with Morgan Stanley & Co. Incorporated and Genuity Capital Markets G.P. entered into in connection with the Merger and Debt Financing.


 

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4.27 No Sale Agreements
Except in respect of inventory to be sold in the ordinary course of business, there are no Contracts, or any right or privilege capable of becoming an agreement, for the purchase of the Business or any of the material assets of the Corporation or any Subsidiary. Neither the Corporation nor any of the Subsidiaries is currently involved in any discussions, conditions or proceedings with respect to its sale, merger, consolidation, liquidation or reorganization.
4.28 Compliance with Other Instruments, Laws, Etc.
Except as disclosed in Section 4.28 of the Disclosure Schedule, the Corporation and each of the Subsidiaries has complied with, and is in compliance with: (i) all laws, statutes, governmental regulations, judicial or administrative tribunal orders, judgments, writs, injunctions, decrees, and similar commands applicable to it and its Business, and all unwaived terms and provisions of all Contracts, agreements, instruments, and commitments to which it is a party or to which it or any of its assets or properties is subject, except for any non-compliances that, both individually and in the aggregate, have not had and could not reasonably be expected to have a Material Adverse Effect; and (ii) its articles and by-laws, each as amended to date. Neither the Corporation nor any of the Subsidiaries has committed, been charged with, or, to the knowledge of the Corporation, been under investigation with respect to, any violation by the Corporation or any of the Subsidiaries of any provision of any applicable national, federal, state, provincial, foreign, or local law or administrative regulation, except for any violations that, both individually or in the aggregate, do not and could not reasonably be expected to have a Material Adverse Effect. The Corporation and each of the Subsidiaries has complied in all material respects with all applicable laws, statutes, governmental regulations, judicial or administrative tribunal orders, judgments, writs, injunctions, decrees, and similar commands, including without limitation, the Personal Information Protection and Electronic Documents Act (Canada), regarding the Corporation’s and the Subsidiaries’ collection, use and disclosure of information about identifiable individual Persons. The Corporation and each of the Subsidiaries has and maintains all such Permits as are necessary or desirable: (i) for the conduct of the Business as conducted on the date hereof and as anticipated to be conducted; (ii) in connection with the ownership or use of its properties; or (iii) to permit the Corporation to enter into or perform its obligations under this Agreement and the Other Agreements. All of such Permits are in full force and effect and the Corporation and each Subsidiary is in compliance with all of the terms and provisions thereof, except for any non-compliance that, either individually or in the aggregate, does not and could not reasonably be expected to have a Material Adverse Effect. No Legal Proceeding is pending, or to the knowledge of the Corporation threatened, with respect to the cancellation or revocation of any such Permit. True and complete copies of all such Permits have been made available by the Corporation to the Investors or their counsel for inspection.
4.29 Merger Agreement
The Corporation has provided to Investors a true correct and complete copy of the Merger Agreement and all documents executed and delivered in connection therewith. To the knowledge of the Corporation after reasonable investigation, all representations and warranties contained in the Merger Agreement were true and correct when made and are true and correct as if made on the Closing Date.


 

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4.30 Compliance with Securities Law
Subject to and assuming the accuracy of the representations and warranties given by the Investors in Article V, the offer, issuance, and delivery of the Purchased Shares and the Common Shares issuable upon conversion of the Purchased Shares, both, as contemplated by this Agreement, are exempt from the registration requirements of the Securities Act, and are exempt from the prospectus, registration and/or qualification requirements, as applicable, under any applicable states’ securities laws and are exempt from the prospectus and registration requirements under Canadian Securities Laws.
4.31 Full Access
The Investors and their representatives have had full and open access to the management of the Corporation and to such other information as the Investors have requested in considering its decision with respect to the Investment and has had an opportunity to ask questions with respect to the business and affairs of the Corporation and the Investment. The Corporation has complied in good faith with all requests of the Investors and their representatives for documents and information relating to the Corporation, the Subsidiaries and the Business in connection with the transactions contemplated hereby, and has not failed to deliver any available document or other information requested by the Investors or their representatives in connection herewith.
4.32 Disclosure
The Corporation has disclosed to the Investors all facts known to it relating to the Business and assets of the Corporation and the Subsidiaries which could reasonably be expected to be material to a purchaser of the Purchased Shares. No representation or warranty by the Corporation contained in this Agreement or any agreement or instrument contemplated hereby, including the Other Agreements, contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements herein or therein, in light of the circumstances in which they were made, not false or misleading. To the knowledge of the Corporation, there is no fact or circumstance relating specifically to the Business or condition of the Corporation and the Subsidiaries, taken as a whole, that could reasonably be expected to result in a Material Adverse Effect and that is not disclosed in this Agreement or the Disclosure Schedule.
ARTICLE V
REPRESENTATIONS AND WARRANTIES OF THE INVESTORS
Each Investor, severally and not jointly, represents and warrants to the Corporation as of Closing as follows, and acknowledges that the representations and warranties contained in this Agreement are made by it with the intent that they may be relied upon by the Corporation in determining the Investor’s eligibility to purchase the Purchased Shares and Warrants.
5.1 No Public Sale or Distribution
Such Investor is (i) acquiring the Purchased Shares and Warrants set forth in Schedule A and (ii) upon conversion of the Purchased Shares and Warrants, will acquire the Common Shares for its own account for investment purposes only and not for the benefit of any other person and not with a view towards, or for resale in connection with, the public sale or distribution thereof in violation of provincial, state or federal securities Laws in Canada or the United States.


 

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5.2 Accredited Investor Status
Such Investor is an “accredited investor” as defined in National Instrument 45-106.
Such Investor is not an entity formed for the sole purpose of acquiring the Securities. Such investor will provide a declaration to the Corporation with respect to its accredited investor status in a form acceptable to the Corporation.
5.3 U.S. Accredited Investor Status
Such Investor is an “accredited investor” within the meaning of Rule 501(a) under the Securities Act pursuant to one of the categories below:
  (a)   Any bank as defined in Section 3(a)(2) of the Securities Act or any savings and loan association or other institution as defined in Section 3(a)(5)(A) of the Securities Act whether acting in its individual or fiduciary capacity; any broker dealer registered pursuant to Section 15 of the Exchange Act; any insurance company as defined in Section 2(13) of the Securities Act; any investment company registered under the Investment Company Act of 1940 or a business development company as defined in Section 2(a)(48) of that Act; any Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; any plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees, if such plan has total assets in excess of US$5,000,000; any employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974, if the investment decision is made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank, savings and loan association, insurance company, or registered investment adviser, or if the employee benefit plan has total asset sin excess of US$5,000,000, or, if a self-directed plan, with investment decisions made solely by persons that are accredited investors;
 
  (b)   Any private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940;
 
  (c)   Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts or similar business trust, or partnership, not formed for the specific purpose of acquiring the securities offered, with total assets in excess of US$5,000,000;
 
  (d)   Any trust with total assets in excess of US$5,000,000, not formed for the specific purpose of acquiring the securities offered, whose purchase is directed by a sophisticated person, being defined as a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment;
 
  (e)   Any natural person whose individual net worth, or joint net worth with that person’s spouse, at the time of his purchase exceeds US$1,000,000. As used


 

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      herein, the term “net worth” means the excess of total assets over total liabilities, in computing net worth, the principal residence of the investor must be valued at cost, including cost of improvements, or at recently apprised value by an institutional lender making a secured loan, net of encumbrances. In determining income, an investor should add to adjusted gross income any amount attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IRA or Keogh retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income;
 
  (f)   Any natural person who had an individual income in excess of US$200,000 in each of the two most recent years or joint income with that person’s spouse in excess of US$300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year;
 
  (g)   Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any director, executive officer, or general partner of a general partner of that issuer; or
 
  (h)   Any entity in which all of the equity owners are Accredited Investors as set forth above.
5.4 Reliance on Exemptions.
Such Investor understands that the Securities are being offered and sold to it in reliance on specific exemptions from (i) the registration requirements of United States federal and state securities laws and (ii) the prospectus and registration requirements of Canadian Securities Laws and that the Corporation is relying upon the truth and accuracy of, and such Investor’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of such Investor set forth herein in order to determine the availability of such exemptions and the eligibility of such Investor to acquire the Securities.
5.5 No General Solicitation or Advertising
Such Investor acknowledges that it is not purchasing the Securities as a result of any general solicitation or general advertising, as such terms are used in Rule 502(c) of Regulation D under the Securities Act, including advertisements, articles, notices or other communications published in any newspaper, magazine or similar media or broadcast over radio or television, or any seminar or meeting whose attendees have been invited by general solicitation or general advertising.
5.6 Information
Such Investor and its advisors, if any, have been furnished with all materials relating to the business, finances and operations of the Corporation and materials relating to the offer and sale of the Securities which have been requested by such Investor. Such Investor and its advisors, if any, have been afforded the opportunity to ask questions of, and receive answers from, the Corporation. Neither such inquiries nor any other due diligence investigations conducted by such Investor or its advisors, if any, or its representatives shall modify, amend or affect such


 

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Investor’s right to rely on the Corporation’s representations and warranties contained herein. Such Investor understands that its investment in the Securities involves a high degree of risk and is able to bear the economic risk of a loss of all of such investment. Such Investor has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of its investment in the Securities and has sought such accounting, legal and tax advice as it has considered necessary to make an informed investment decision with respect to its acquisition of the Securities.
5.7 No Governmental Review
Such Investor understands that no United States or Canadian federal, state or provincial agency or any other Governmental Authority has passed on or made any recommendation or endorsement of the Securities or the fairness or suitability of the investment in the Securities nor have such authorities passed upon or endorsed the merits of the offering of the Securities.
5.8 Transfer or Resale
Such Investor understands that: (i) except as provided in the Registration Rights Agreement, the Securities have not been and will not be registered under the Securities Act or any state securities laws or qualified under Canadian Securities Laws; and (ii) such Investor understands and acknowledges that the Securities are “restricted securities” within the meaning of Rule 144 under the Securities Act, and such Investor agrees that if it decides to offer, sell or otherwise transfer any of the Securities, such Securities may be offered, sold or otherwise transferred only: (A) pursuant to an effective registration statement under the Securities Act; (B) to the Corporation; (C) outside the United States in accordance with Rule 904 of Regulation S under the Securities Act (“Regulation S”) and in compliance with local laws; or (D) within the United States (1) in accordance with the exemption from registration under the Securities Act provided by (i) Rule 144 or (ii) Rule 144A thereunder, if available, and in compliance with any applicable state securities laws or (2) in a transaction that does not require registration under the Securities Act or applicable state securities laws, and the seller shall, in the case of transfers pursuant to D(1)(i) or D(2) above, be required to furnish to the Corporation an opinion to such effect from counsel of recognized standing reasonably satisfactory to the Corporation prior to such offer, sale or transfer.
5.9 Legends
Such Investor understands that upon the original issuance thereof, and until such time as the same is no longer required under applicable requirements of the Securities Act or applicable state or provincial securities laws, the certificates or other instruments representing the Purchased Shares and, unless no longer applicable at the time of issuance, the Common Shares, and all certificates or other instruments issued in exchange therefor or in substitution thereof, shall bear the following legend:
“UNLESS PERMITTED UNDER CANADIAN SECURITIES LEGISLATION, THE HOLDER OF THE SECURITIES REPRESENTED HEREBY AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF SHALL NOT TRADE SUCH SECURITIES BEFORE THE DATE THAT IS FOUR MONTHS AND A DAY AFTER THE LATER OF (I) AUGUST 16, 2007, AND (II) THE DATE


 

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THE CORPORATION BECAME A REPORTING ISSUER IN ANY PROVINCE OR TERRITORY.”
THE SECURITIES REPRESENTED HEREBY AND THE SECURITIES ISSUABLE UPON THE EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) OR ANY STATE SECURITIES LAWS. THE HOLDER HEREOF, BY PURCHASING SUCH SECURITIES, AGREES FOR THE BENEFIT OF MITEL NETWORKS CORPORATION (THE “CORPORATION”) THAT SUCH SECURITIES MAY BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT; (B) TO THE CORPORATION; (C) OUTSIDE THE UNITED STATES IN ACCORDANCE WITH RULE 904 OF REGULATION S UNDER THE SECURITIES ACT AND IN COMPLIANCE WITH LOCAL LAWS; OR (D) WITHIN THE UNITED STATES (1) IN ACCORDANCE WITH AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT, SUCH AS THAT PROVIDED BY (I) RULE 144 OR (II) RULE 144A THEREUNDER, IF AVAILABLE, AND IN COMPLIANCE WITH ANY APPLICABLE STATE SECURITIES LAWS OR (2) IN A TRANSACTION THAT DOES NOT REQUIRE REGISTRATION UNDER THE SECURITIES ACT OR APPLICABLE STATE SECURITIES LAWS, AND THE SELLER SHALL, IN THE CASE OF TRANSFERS PURSUANT TO D(1)(1) OR D(2) ABOVE, BE REQUIRED TO FURNISH TO THE CORPORATION AN OPINION TO SUCH EFFECT FROM COUNSEL OF RECOGNIZED STANDING REASONABLY SATISFACTORY TO THE CORPORATION PRIOR TO SUCH OFFER, SALE OR TRANSFER.
SUBJECT TO THE EXPIRATION OF THE PERIOD DESCRIBED IN THE FIRST PARAGRAPH OF THIS LEGEND, AND PROVIDED THAT THE CORPORATION IS A “FOREIGN ISSUER” WITHIN THE MEANING OF REGULATION S OF THE SECURITIES ACT, A NEW CERTIFICATE, BEARING NO LEGEND MAY BE OBTAINED FROM THE REGISTRAR AND TRANSFER AGENT FOR THESE SECURITIES (THE “TRANSFER AGENT”) UPON DELIVERY OF THIS CERTIFICATE AND A DULY EXECUTED DECLARATION, IN A FORM SATISFACTORY TO THE TRANSFER AGENT AND THE CORPORATION, TO THE EFFECT THAT THE SALE OF THE SECURITIES REPRESENTED HEREBY IS BEING MADE IN COMPLIANCE WITH RULE 904 OF REGULATION S UNDER THE SECURITIES ACT, THE TRANSFER AGENT MAY ALSO REQUIRE AN OPINION OF COUNSEL IN CONNECTION WITH ANY OFFER, SALE, PLEDGE OR TRANSFER OF THE SECURITIES BY THE HOLDER HEREOF.”
provided, that if the Securities are being sold under Section 5.8(ii)(C) above, and provided that the Corporation is a “foreign issuer” within the meaning of Regulation S at the time of sale, the second and third paragraphs of the legend above may be removed by providing a declaration to the registrar and transfer agent for the Securities (the “Transfer Agent”), as set forth below (or


 

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as the Corporation may from time to time prescribe) and, if required by the Transfer Agent, an opinion of counsel of recognized standing satisfactory to the Transfer Agent, that such legend is no longer required under applicable requirement of the Securities Act or U.S. state securities laws;
“The undersigned (a) acknowledges that the sale of the securities of Mitel Networks Corporation (the “Corporation”) to which this declaration relates is being made in reliance on Rule 904 of Regulation S (“Regulation S”) under the United States Securities Act of 1933, as amended (the “Securities Act”) and (b) certifies that (1) it is not an affiliate (as defined in Rule 405 under the Securities Act) of the Corporation (except for any officer or director who is an affiliate solely by virtue of holding such position), (2) the offer of the securities was not made to a person in the United States and either (A) at the time the buy order was originated, the buyer was outside the United States, or the seller and any person acting on its behalf reasonably believe that the buyer was outside the United States, or (B) the transaction was executed on or through the facilities of the Toronto Stock Exchange, and neither the seller nor any person acting on its behalf knows that the transaction has been prearranged with a buyer in the United States, (3) neither the seller nor any affiliate of the seller nor any person acting on any of their behalf has engaged or will engage in any “directed selling efforts” (as such term is defined in Regulation S) in the United States in connection with the offer and sale of the securities, (4) the sale is bona fide and not for the purpose of “washing off” the resale restrictions imposed because the securities are “restricted securities” (as such term is defined in Rule 144(a)(3) under the Securities Act), (5) the seller does not intend to replace the securities sold in reliance on Rule 904 of Regulation S, with fungible unrestricted securities, and (6) the contemplated sale is not a transaction, or part of a series of transactions which, although in technical compliance with Regulation S, is part of a plan or scheme to evade the registration provisions of the Securities Act. Terms used herein have the meanings given to them by Regulation S.”
and provided, further, that, if any of the Securities are being sold under Section 5.8(ii)(D)(1)(i) or (D)(ii) above, the second and third paragraphs of the legend above may be removed by delivery to the Transfer Agent of an opinion of counsel, of recognized standing reasonably satisfactory to the Corporation, that such legend is no longer required under applicable requirements of the Securities Act or U.S. state securities laws.
5.10 Consent
Such Investor consents to the Corporation making a notation on its records or giving instructions to any transfer agent of the Common Shares in order to implement the restrictions on transfer set forth and described herein.
5.11 Foreign Issuer
Such Investor understands and acknowledges that the Corporation (i) is not obligated to remain a “foreign issuer” within the meaning of Regulation S under the Securities Act, (ii) may not, at the time the Securities are resold or converted by such Investor, or at any other time, be a foreign issuer; and (iii) may engage in one or more transactions which could cause the Corporation to not be a foreign issuer.


 

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5.12 Compliance with Transfer Restrictions
The Transfer Agent will not be required to accept the registration of transfer of any Securities, except upon presentation of evidence satisfactory to the Corporation that the applicable transfer restrictions have been complied with.
5.13 Filings
If required by applicable securities legislation, regulatory policy or order, or if required or requested by any securities commission, stock exchange or other regulatory authority, at the request of and at the sole expense of the Corporation, such Investor will execute, deliver and file and otherwise assist the Corporation in filing customary reports, questionnaires, undertakings and other documents with respect to the issue of the Securities.
5.14 Validity; Enforcement
This Agreement, the Registration Rights Agreement and the Shareholders Agreement have been duly and validly authorized, executed and delivered on behalf of such Investor and constitute the legal, valid and binding obligations of such Investor enforceable against such Investor in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies and except that the enforcement of any rights to indemnity and contribution in the Registration Rights Agreement may be limited by federal, provincial and state securities laws and the principles of public policy underlying those laws.
5.15 Residency
For purposes of securities Laws, such Investor is a resident of that jurisdiction specified below its address in Schedule D.
5.16 No Representations Regarding Resale
Except as provided in the Registration Rights Agreement, no Person has made any written or oral representation to such Investor:
  (a)   that the Person will resell or repurchase the Securities;
 
  (b)   that any Person will refund the purchase price of such Securities;
 
  (c)   as to the future price or value of such Securities; or
 
  (d)   that such Securities will be listed on any stock exchange or that application has been or will be made to list such Purchased Shares upon any stock exchange.
5.17 Adverse Actions
To the knowledge of such Investor, neither the Investor nor any Person who
  (i)   is owned or controlled by the Investor;


 

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  (ii)   owns or controls the Investor; or
 
  (iii)   is owned or controlled by a Person that also owns or controls the Investor
is currently engaged in, or has any intention to initiate, any litigation or quasi-judicial proceeding involving any patents of Avaya Inc. or any of its subsidiaries. In this section, a Person owns or controls a second Person if the first Person owns or controls at least 35% of the votes or equity of the second Person or if the first Person has the right to elect a majority of the board of directors of the second Person.
ARTICLE VI
REGISTRATION AND TRANSFER OF SECURITIES
6.1 Transfer and Exchange of Purchased Shares
The Corporation shall maintain at its registered office a register in which shall be entered the names and addresses of the holders of the Corporation’s shares and the particulars of the respective shares held by them and of all transfers of shares or conversions of shares. Upon surrender at such office of any certificate representing shares for registration of conversion, exchange, or transfer (subject to compliance with the applicable provisions of this Agreement, the Shareholders Agreement, any of the Other Agreements and the Corporation’s Articles of Incorporation), the Corporation shall issue, at its expense, one or more new certificates, in such denomination or denominations as may be requested, for such shares registered as such holder may request. Any certificate representing shares surrendered for registration of transfer shall be duly endorsed, or accompanied by a written instrument of transfer duly executed by the holder of such certificate or his attorney duly authorized in writing.
6.2 Replacement of Certificates
In the case of any loss, theft, destruction, or mutilation of the certificate representing any of the Purchased Shares, upon receipt of evidence thereof reasonably satisfactory to the Corporation, and (i) in the case of any such loss, theft, or destruction, upon delivery of an indemnity bond or agreement in such reasonable amount as the Corporation may determine, or (ii) in the case of any such mutilation, upon the surrender to the Corporation at its principal office of such mutilated certificate for cancellation, the Corporation shall execute and deliver, in lieu thereof, new certificates. Any old certificate in lieu of which any such new certificate has been so executed and delivered by the Corporation shall not be deemed to be outstanding for any purpose whatsoever.
6.3 Share Subscription Agreement
The Corporation will not amend this Agreement or the Merger Agreement without the prior written consent of Francisco Partners.


 

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ARTICLE VII
COVENANTS OF THE CORPORATION
7.1 Pre-Closing Covenants.
The Corporation covenants and agrees with the Investors that it will promptly seek to obtain any legal or regulatory approvals required by it to consummate the Investment and the transactions contemplated herein.
7.2 Post-Closing Covenants
The Corporation covenants and agrees with the Investors as follows, which covenants and agreements shall survive the Closing:
  (a)   The Corporation hereby agrees that it shall use the proceeds from the sale of the Purchased Shares hereunder as follows:
  (i)   to pay any amounts required to be paid under the Fee Letter and expenses under Section 8.1; and
 
  (ii)   the remainder of the proceeds of the Investment shall be applied to consummate the Merger and Restructuring Transactions.
  (b)   Neither the Corporation nor anyone acting on its behalf will hereafter offer to sell, solicit offers to buy, or sell any securities of the Corporation so as to subject the offer, issuance, and sale of the Purchased Shares, the Warrants or the Converted Shares to the registration requirements of the Securities Act or the prospectus, registration and/or qualification requirements, as applicable, under any applicable state securities laws or under applicable Canadian Securities Laws.
 
  (c)   If the Corporation is not required to file with the SEC quarterly and annual reports pursuant to Section 13 or Section 15(d) of the Exchange Act (it being understood that the Corporation will not be required to make voluntary filings), the Corporation will furnish to the holders of the Class 1 Preferred Shares (a) non-audited financial statements (and management, discussion and analysis) within 90 days after the end of each Corporation fiscal quarter (except year-end), and (b) audited financial statements (and management discussion and analysis) within 90 days after the Corporation’s fiscal year end.
 
  (d)   The Corporation agrees to provide, and to cause each of its Subsidiaries to provide such information as any Investor shall reasonably request, on a timely basis, (including making employees available on a mutually convenient basis to provide additional information and explanation of any material provided hereunder), in connection with the preparation or filing of any Tax Return and any audit, litigation, refund claim, dispute or any other matter in respect of Taxes. Such cooperation and information shall include, without limitation, promptly providing upon request copies of all relevant financial statements of the Corporation or its Subsidiaries as at the close of the Investors tax year, any Tax Returns of the Corporation or its Subsidiaries together with accompanying


 

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      schedules and related workpapers, documents relating to rulings or other determinations by Tax authorities, including, without limitation, foreign Tax authorities, and records concerning the ownership and Tax basis of property, which the Corporation or its Subsidiaries may possess.
ARTICLE VIII
EXPENSES
8.1 Reimbursement of Expenses
The Corporation shall pay or reimburse to the Investors, or such other Person as the Investors may direct, as applicable, all reasonable: (i) legal fees; (ii) professional fees and disbursements; (iii) filing fees (including in respect of any filings required under competition laws); and (iv) out of pocket costs (including any applicable Taxes thereon, other than Taxes in respect of which the Investors are entitled to obtain a refund from the relevant Tax authority and which would result in the Investors being reimbursed for more than its actual out-of-pocket expenses) incurred by or for the account of the Investors in connection with the transactions contemplated by this Agreement (the “Expenses”). The Expenses shall be paid on the Closing. At the request of the Corporation, the Investors will arrange, where reasonably practicable, for certain of the Expenses to be invoiced directly to the Corporation by the Person to whom payment is to be made.
8.2 Broker Fees
The Investors shall not be liable for any brokerage commission, finder’s fee or other similar payment in connection with the transactions contemplated hereby because of any action taken by, or agreement or understanding reached by, the Corporation or any its Affiliates or Insiders.
8.3 Put Option
Notwithstanding anything to the contrary in any other provision of this Agreement or the Articles of Amendment, at the time of any Liquidation Event or Change of Control Event (as defined in the Articles of Amendment) or any event that would result in a redemption under Article 7 of the Articles of Amendment of all or part of their Class 1 Shares, the Corporation shall, if requested in writing at least 10 days prior to that time by one or more holders of record of Class 1 Shares who hold collectively more than 10% of the outstanding Class 1 Shares, provide the requesting holders of Class 1 Shares with the option of transferring such Class 1 Shares to a controlled Affiliate of the Corporation in exchange for consideration per Class 1 Share equal to the TR Value (as defined in the Articles of Amendment) or in the case of a redemption at the election of the Class 1 Majority Holders (as defined in the Articles of Amendment) after the Redemption Trigger Date (as defined in the Articles of Amendment) but before the seventh anniversary from the Original Issuance Date (as defined in the Articles of Amendment), the NA Value (as defined in the Articles of Amendment), prior to any redemption of such Class 1 Shares; provided, however, that the Corporation shall have no obligation to do so if, acting reasonably, it determines that providing such option is not permissible under applicable Canadian federal corporate law. The requesting holders shall promptly indemnify the Corporation for any losses, costs and expenses of the Corporation associated with providing this option (including reasonable legal fees and disbursements).


 

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8.4 Withholding
Any and all payments made by the Corporation of dividends or distributions (including deemed dividends, distributions, or the exercise by the Corporation of its rights of first refusal pursuant to Section 6.2 of the Shareholders Agreement) in respect of the Class 1 Shares shall be made free and clear of and without deduction for any and all present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto. If the Corporation is required by law to deduct or withhold any taxes from or in respect of any amount payable in respect of the Class 1 Shares to any holder of Class 1 Shares, (i) the sum payable shall be increased by the Corporation as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 8.4) such holder of Class 1 Shares shall receive an amount equal to the sum such holder would have received had no such withholding or deduction been made, (ii) the Corporation shall timely pay directly to the relevant authority in accordance with applicable law the full amount required to be so withheld or deducted; and (iii) the Corporation shall promptly forward to each holder of Class 1 Shares an official receipt or other documentation (or copy thereof) reasonably satisfactory to such holder of Class 1 Shares evidencing such payment to such authority. Notwithstanding anything else in this Section 8.4, the Corporation shall not be obligated to pay any amount pursuant to this Section 8.4 to a holder of Class 1 Shares in excess of 5% of the amount of the dividend or distribution paid to such holder.
ARTICLE IX
INDEMNIFICATION
9.1 Non-Merger and Exclusive Remedy
  (a)   The representations, warranties, covenants and other obligations of the Corporation contained in this Agreement and each of the Other Agreements shall not merge on the Closing and, notwithstanding the Closing or any investigation made by the Investors or their agents with respect thereto, shall continue in full force and effect for the benefit of the Investors, each holder of Purchased Shares, and all Permitted Transferees holding any Purchased Shares (but limited in the case of Permitted Transferees to the amounts in respect of which the original holder of such Purchased Shares would be entitled to indemnification under this Article IX). All claims by the Investors, each holder of Purchased Shares, and all Permitted Transferees holding any Purchased Shares in respect of such representations, warranties, covenants and obligations shall be subject to the conditions and limitations set forth in this Article IX and the rights of indemnity in this Article IX shall be the sole and exclusive remedy of such Persons in respect of such claims, except for breach of covenant, fraud, intentional breach or equitable remedies.
 
  (b)   The representations, warranties, covenants and other obligations of Investors which are contained in this Agreement and each of the Other Agreements shall not merge on the Closing and, notwithstanding the Closing or any investigation made by the Corporation or its agents with respect thereto, shall continue in full force and effect for the benefit of the Corporation. All claims by the Corporation after Closing in respect of such representations, warranties, covenants and obligations shall be subject to the conditions and limitations set forth in this


 

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      Article IX and the rights of indemnity in this Article IX shall be the sole and exclusive remedy of the Corporation in respect of such claims.
9.2 General Indemnification
Subject to the limitations in Sections 9.4 and 9.5, (i) the Corporation shall (without duplication in respect of any Loss) indemnify, defend and save harmless the Investors, each holder of Purchased Shares, and all Permitted Transferees holding any Purchased Shares, and each of their partners, shareholders, officers, directors, employees, agents, representatives and successors, and (ii) the Investors, each holder of Purchased Shares, and all Permitted Transferees holding any Purchased Shares shall, severally and not jointly, indemnify, defend and save harmless the Corporation, and each of its shareholders, officers, directors, employees, agents, representatives and successors (the Person or Persons so covenanting and agreeing to indemnify another Person or Persons being referred to in this Article IX as the “Indemnifying Party” and the Person or Persons to be indemnified being referred to collectively as the “Indemnitees” and individually an “Indemnitee”), on an after-tax basis as contemplated by Section 9.13, from and against any and all Losses suffered or incurred by the Indemnitee, as a direct or indirect result of, or arising in connection with or related in any manner whatever to:
  (a)   any misrepresentation or breach of warranty made or given by (or in the case of the representations and warranties in Article V, on behalf of) such Indemnifying Party in this Agreement or any Other Agreement; or
 
  (b)   any failure by such Indemnifying Party to observe or perform any covenant or obligation contained in this Agreement or any Other Agreement.
9.3 Agency for Representatives
The Investors agree that they accept each indemnity in favor of the Persons identified in clause (i) of Section 9.2, as agent and trustee of such Persons to the extent that they become Indemnitees hereunder. The Corporation agrees that the Investors may enforce an indemnity in favor of the Persons identified in clause (i) of Section 9.2 on behalf of such Persons to the extent they become an Indemnitee hereunder.
9.4 Time Limitations
  (a)   Subject to Section 9.4(b), the Indemnifying Party shall have no liability to any Indemnitee for any Loss arising from any Claim (including any Third Party Claim) relating to a breach of any representation or warranty contained in this Agreement or any Other Agreement unless the Indemnitee gives written notice to the Indemnifying Party specifying in reasonable detail the factual basis of the Claim and a reasonable estimate of the amount thereof on or before that date which is two years after the Closing Date.
 
  (b)   Despite the provisions of Section 9.4(a), (i) notice with respect to Claims relating to Section 4.1 (Incorporation and Organization), Section 4.5 (Authorized, Issued and Outstanding Capital) or Section 4.7 (Corporate Authorization) may be given at any time after the Closing Date without limitation as to time; and (ii) notice with respect to Claims relating to Section 4.12 (Tax Matters) arising in or in


 

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      respect of a particular period ending on or before the Closing Date may be given at any time after Closing and before a period of 90 days has elapsed after the relevant Tax authorities shall no longer be entitled to assess liability for any Taxes against the Corporation or any of the Subsidiaries for that particular period, having regard, without limitation, to any waivers given by the Corporation or any of the Subsidiaries in respect of any taxation year. All covenants and obligations contained in this Agreement or any Other Agreement, which, by their terms, contemplate performance after the Closing Date, shall survive in accordance with their terms, and notice with respect to Claims relating to such covenants and obligations shall be given within 90 days of the expiration of such terms.
 
  (c)   For greater certainty, if the Indemnitee has not given notice, in the manner and within the time periods prescribed in Sections 9.4(a) and 9.4(b), to the Indemnifying Party of an alleged Loss arising from any Claim relating to a breach of any representation or warranty contained in this Agreement or any Other Agreement, the Indemnifying Party will have no financial obligation to the Indemnitee in respect of such breach.
 
  (d)   The Indemnitee will give any notice required pursuant to Sections 9.4(a) or 9.4(b) to the Indemnifying Party reasonably promptly after the Indemnitee determines that it has a claim for indemnity under this Article IX.
9.5 Limitations as to Amount
No Claims may be asserted by any Indemnitee under this Article IX unless and until the aggregate amount of any Losses of the Indemnitees in respect of any and all Claims asserted pursuant to this Article IX collectively exceeds one hundred thousand dollars (US$100,000) in which event the amount of all such Loss including such one hundred thousand dollar (US$100,000) amount may be asserted. Notwithstanding the foregoing, the threshold for any Claims asserted based on a breach of any representation and warranty contained in Section 4.12 hereof shall be five hundred thousand dollars (US$500,000) in which event a claim for the amount of all such Losses, including such US$500,000, may be asserted. Notwithstanding any other provision of this Agreement, (i) no Claims may be asserted by any Indemnitee hereunder and in no event shall the Indemnifying Party be required to indemnify the Indemnitees, collectively, for Losses in an aggregate amount greater than the Purchase Price, and (ii) no Claims may be asserted by any Indemnitee hereunder and in no event shall an Investor, holder of Purchased Shares, or any Permitted Transferees holding any Purchased Shares be required to indemnify the Indemnitees in an amount greater than their pro rata portion of the Purchase Price.
9.6 Notice of Third Party Claims
If an Indemnitee receives notice of the commencement or assertion of any Claim asserted against the Indemnitee that is paid or payable to, or claimed by, any Person who is not a party to this Agreement (a “Third Party Claim”), the Indemnitee shall give the Indemnifying Party reasonably prompt written notice thereof, but in any event no later than 30 days after receipt of such notice of such Third Party Claim. Such notice to the Indemnifying Party shall describe the Third Party Claim in reasonable detail and shall indicate, if reasonably practicable, the estimated amount of the Loss that has been or may be sustained by the Indemnitee.


 

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9.7 Defence of Third Party Claims
The Indemnifying Party may participate in or assume the defence of any Third Party Claim by giving notice to that effect to the Indemnitee not later than 30 days after receiving notice of that Third Party Claim (the “Notice Period”). The Indemnifying Party’s right to do so shall be subject to the rights of any insurer or other party who has potential liability in respect of that Third Party Claim. The Indemnifying Party shall pay all of its own expenses of participating in or assuming such defence. The Indemnitee shall co-operate in good faith in the defence of each Third Party Claim, even if the defence has been assumed by the Indemnifying Party and may participate in such defence assisted by counsel of its own choice at its own expense. If the Indemnitee has not received notice within the Notice Period that the Indemnifying Party has elected to assume the defence of such Third Party Claim, the Indemnitee may, at its option, elect to settle or compromise the Third Party Claim or assume such defence at the expense of the Indemnifying Party, assisted by counsel of its own choosing and the Indemnifying Party shall remain liable for any Loss suffered or incurred by the Indemnitee with respect to such Third Party Claim as contemplated by this Article IX. If the Indemnifying Party elects to assume the defence of a Third Party Claim under this Section 9.7, the Indemnifying Party shall acknowledge in writing its obligation to indemnify the Indemnitee in accordance with the terms contained in this Article IX in respect of that Third Party Claim.
9.8 Assistance for Third Party Claims
The Indemnifying Party and the Indemnitee shall use all reasonable efforts to make available to the person that is undertaking and controlling the defence of any Third Party Claim (the “Defending Party”),
  (a)   those employees and other persons whose assistance, testimony or presence is necessary to assist the Defending Party in evaluating and in defending any Third Party Claim; and
 
  (b)   all documents, records and other materials in the possession of such party reasonably required by the Defending Party for its use in defending any Third Party Claim,
and shall otherwise cooperate with the Defending Party. All reasonable expenses associated with making such documents, records and materials available and for all reasonable expenses of any employees or other persons made available by the Indemnitee to the Indemnifying Party hereunder may be included in any Loss for which indemnification is sought under this Article IX.
9.9 Settlement of Third Party Claims
If the Indemnifying Party elects to assume the defence of any Third Party Claim as provided in Section 9.7, the Indemnifying Party shall not be liable for any legal expenses subsequently incurred by the Indemnitee in connection with the defence of such Third Party Claim following the receipt by the Indemnitee of notice of such assumption. However, if in the opinion of the Indemnitee, acting reasonably, there is a conflict between the interests of the Indemnifying Party and the interests of the Indemnitee with respect to such Third Party Claim, or if the Indemnifying Party fails to take reasonable steps necessary to defend diligently such Third Party Claim within


 

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30 days after receiving notice from the Indemnitee that the Indemnitee believes on reasonable grounds that the Indemnifying Party has failed to take such steps, the Indemnitee may, at its option, elect to assume the defence of and to negotiate, settle or compromise the Third Party Claim assisted by counsel of its own choosing and the Indemnifying Party shall also be liable for all reasonable costs and expenses paid or incurred in connection therewith. The Indemnifying Party shall not, without the prior written consent of the Indemnitee, not to be unreasonably withheld, enter into any compromise or settlement of a Third Party Claim, which would lead to liability or create any other obligation, financial or otherwise, on the Indemnitee.
9.10 Direct Claims
Any Claim other than a Third Party Claim (a “Direct Claim”) shall be asserted by giving the Indemnifying Party reasonably prompt written notice thereof. The Indemnifying Party shall then have a period of 30 days within which to respond in writing to such Direct Claim. If the Indemnifying Party does not so respond within such 30 day period, the Indemnifying Party shall be deemed to have rejected such Direct Claim, and in such event the Indemnitee shall be free to pursue such remedies as may be available to the Indemnitee.
9.11 Failure to Give Timely Notice
Other than in respect of the time for giving notices or other limitations set forth in Section 9.4, a failure to give timely or prompt notice as otherwise provided in this Article IX shall not affect the rights or obligations of any party except and only to the extent that, as a result of such failure, any party which was entitled to receive such notice was deprived of its right to recover any payment under its applicable insurance coverage or was otherwise directly and materially damaged as a result of such failure.
9.12 Reductions and Subrogation
If the amount of any Loss at any time subsequent to the making of any payment on account of any Loss required to paid pursuant to this Article IX (an “Indemnity Payment”) in respect of that Loss is reduced by any recovery, settlement or otherwise under or pursuant to any insurance coverage, or pursuant to any claim, recovery, settlement or payment by or against any other person, the amount of such reduction (less any costs, expenses (including taxes) or premiums incurred in connection therewith), shall promptly be repaid by the Indemnitee to the Indemnifying Party. Upon making a full Indemnity Payment, the Indemnifying Party shall, to the extent of such Indemnity Payment, be subrogated to all rights of the Indemnitee against any third party in respect of the Loss to which the Indemnity Payment relates. Until the Indemnitee recovers full payment of its Loss, any and all claims of the Indemnifying Party against any such third party on account of such Indemnity Payment shall be postponed and subordinated in right of payment to the Indemnitee’s rights against such third party. Without limiting the generality or effect of any other provision hereof, the Indemnitee and Indemnifying Party shall duly execute upon request all instruments reasonably necessary to evidence and perfect such postponement and subordination.
9.13 Tax Effect
If any Indemnity Payment received by an Indemnitee constitutes taxable income to such Indemnitee or otherwise gives rise to adverse Tax consequences, the Indemnifying Party shall


 

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pay to the Indemnitee, at the same time and on the same terms (as to interest and otherwise) as the Indemnity Payment, an additional amount sufficient to place the Indemnitee in the same after-tax position as it would have been if that were not the case. The amount payable pursuant to this Section 9.13 by the Corporation shall be reduced by the amount of any Tax Benefits related or attributable to the loss that gave rise to such Indemnity Payment. For the purposes of this Agreement, “Tax Benefits” shall mean the sum of any increased deductions, losses or credits allowable or decreases in income, gains or recapture of credits allowable, multiplied by the combined highest marginal federal, state and local tax rate in the applicable jurisdiction.
9.14 Additional Rules and Procedures
  (a)   If any Third Party Claim is of a nature such that the Indemnitee is required by applicable law to make a payment to any Person (a “Third Party”) with respect to such Third Party Claim before the completion of settlement negotiations or related Legal Proceedings, the Indemnitee may make such payment and the Indemnifying Party shall, forthwith after demand by the Indemnitee, reimburse the Indemnitee for any such payment. If the amount of any liability under the Third Party Claim in respect of which such a payment was made, as finally determined, is less than the amount which was paid by the Indemnifying Party to the Indemnitee, the Indemnitee shall, forthwith after receipt of the difference from the Third Party, pay such difference to the Indemnifying Party.
 
  (b)   The Indemnitee and the Indemnifying Party shall co-operate fully with each other with respect to Third Party Claims, shall keep each other fully advised with respect thereto (including supplying copies of all relevant documentation promptly as it becomes available) and shall each designate an officer who shall keep himself informed about and be prepared to discuss the Third Party Claim with his counterpart and with counsel at all reasonable times.
ARTICLE X
GENERAL
10.1 Amendments
This Agreement may only be amended, supplemented, modified or terminated by the agreement in writing of the Corporation and the Investors.
10.2 Waiver
No course of dealing between the Corporation and the Investors or any other Person shall operate as a waiver of any right of the Corporation or the Investors under this Agreement. No waiver of any breach or default hereunder shall be valid unless in written form and signed by the waiving party. No failure or other delay by any Person in exercising any right, power, or privilege hereunder shall be or operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power, or privilege.


 

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10.3 Successors and Assigns
This Agreement shall inure to the benefit of and be binding upon the successors and permitted assigns of the parties hereto. Subject to applicable securities laws and the Shareholders Agreement, and except as otherwise provided in this Agreement, Investors may assign any of its rights under this Agreement or any of the Other Agreements to any Permitted Transferee of the Purchased Shares, and, as a condition of such assignment, the Permitted Transferee shall assume in writing (in form and in substance acceptable to the Corporation, acting reasonably) the liabilities and obligations of the transferor hereunder and thereunder. The Corporation may not assign any of its rights, or delegate any of its obligations, under this Agreement without the prior written consent of Investors and any such purported assignment by the Corporation without the written consent of Investors shall be void and of no effect.
10.4 Notices
All notices, requests, payments, instructions or other documents to be given hereunder shall be in writing or by written telecommunication, and shall be deemed to have been duly given if: (i) delivered personally (effective upon delivery); (ii) mailed by certified mail, return receipt requested, postage prepaid (effective five Business Days after dispatch); (iii) sent via a reputable, established courier service that guarantees next Business Day delivery (effective the next Business Day), or sent by air mail or by commercial express overseas air courier, with receipt acknowledged in writing by the recipient (effective upon the date of such acknowledgement); or (iv) sent by telecopier followed within 24 hours of confirmation by one of the foregoing methods (effective upon receipt of the telecopy in complete, readable form), addressed as follows (or to such other address as the recipient party may have furnished to the sending party for the purpose pursuant to this Section 10.4):
if to the Corporation:
Mitel Networks Corporation
350 Legget Drive
Ottawa, ON
K2K 2W7
Attention: Chief Executive Officer
Fax: (613) 592-7838
With a copy to:
Mitel Networks Corporation
350 Legget Drive
Ottawa, ON
K2K 2W7
Attention: Chief Financial Officer, and VP Finance
Fax: (613) 592-7838
And with a copy to:


 

- 59 -
With a copy to:
Mitel Networks Corporation
350 Legget Drive
Ottawa, ON
K2K 2W7
Attention: Chief Financial Officer, and VP Finance
Fax: (613) 592-7838
And with a copy to:
Mitel Networks Corporation
350 Legget Drive
Ottawa, ON
K2K 2W7
Attention: Senior Corporate Counsel
Fax: (613) 592-7802
With a copy to:
Osler, Hoskin & Harcourt LLP
Suite 1500
50 O’Connor
Ottawa, ON
KIP 6L2
Attention: Craig Wright
Fax: (613) 235-2867
if to Francisco Partners:
Arsenal Holdco I, S.a.r.l. and Arsenal Holdco II, S.a.r.l.
8-10 rue Mathias Hardt
L-1717 Luxembourg
And with a copy to:
Francisco Partners II, L.P.
c/o Francisco Partners II, GP, LLC
2882 Sand Hill Road, Suite 280
Menlo Park, California 94025
Attention: Ben Ball
Fax: (650) 233-2900
And with a copy to:


 

- 60 -

O’Melveny & Myers LLP
Suite 2600
275 Battery Street
San Francisco, CA 94111
Attention: Michael J. Kennedy
Fax: (415) 984-8701
And with a copy to:
Stikeman Elliott LLP
5300 Commerce Court West
199 Bay Street
Toronto, ON, Canada M5L 1B9
Attention: Curtis Cusinato
Fax: (416) 947-0866
if to any MS Investor:
c/o Morgan Stanley Principal Investments, Inc.
1585 Broadway
New York, New York 10036
Attention: Thomas E. Doster IV
Facsimile: (212) 507-4257
with a copy to:
McDermott Will & Emery LLP
340 Madison Avenue
New York, New York 10173
Attention: Stephen E. Older
                   Seth T. Goldsamt
Facsimile: (212) 547-5444
10.5 Binding Effect and Benefits
This Agreement shall bind and inure to the benefit of the Parties hereto and their respective successors (including any successor by reason of amalgamation of any Party) and permitted assigns. Except as otherwise provided in this Agreement, the provisions of this Agreement that are for the Investor’s benefit shall inure to the benefit of each holder of Purchased Shares, and all Permitted Transferees holding any Purchased Shares. Except as provided in Article IX, nothing in this Agreement is intended to or shall confer any rights or remedies on any Person other than the parties hereto, their respective successors and permitted assigns.


 

- 61 -

10.6 Further Assurances
From time to time, on and after the Closing, each Party shall promptly execute and deliver all such further instruments and assurances, and shall promptly take all such further actions, as the other Party may reasonably request in order to effect or confirm the transactions contemplated by this Agreement or any of the Other Agreements and to carry out the purposes hereof and thereof..
10.7 Counterparts
This Agreement may be executed by the Parties in counterparts and may be executed and delivered by facsimile and all such counterparts and facsimiles shall together constitute one and the same agreement.
10.8 Language
Each of the undersigned hereby acknowledges that it has consented and requested that all documents evidencing or relating in any way to the sale of the Purchased Shares hereunder be drawn up in the English language only. Nous, soussignés, reconnaissons par les présentes avoir consenti et demande que tous les documents faisant foi ou se rapportant de quelque manière à la vente des actions soient rédigés en anglais seulement.
[The remainder of this page is intentionally left blank.]


 

- 62 -

IN WITNESS WHEREOF the Parties have executed this Agreement as of the date first mentioned above.
         
  MITEL NETWORKS CORPORATION
 
 
  By:   /s/ Steven Spooner    
    Name:   Steven Spooner   
    Title:   Chief Financial Officer   
 
  ARSENAL HOLDCO I, S.A.R.L.
 
 
  By:   /s/ David T. ibNale    
    Name:   David T. ibNale   
    Title:   Authorized Signing Officer   
 
     
  By:   /s/ Luca Gallinelli    
    Name:   Luca Gallinelli   
    Title:   Manager   
 
  ARSENAL HOLDCO II, S.A.R.L.
 
 
  By:   /s/ David T. ibNale    
    Name:   David T. ibNale   
    Title:   Authorized Signing Officer   
 
     
  By:   /s/ Luca Gallinelli    
    Name:   Luca Gallinelli   
    Title:   Manager   
 
  MORGAN STANLEY PRINCIPAL INVESTMENTS, INC.
 
 
  By:   /s/ David Bersh    
    Name:   David Bersh   
    Title:   Vice President   
 


 

- 63 -

SCHEDULE A
Pro Forma Capitalization
                 
    Common Equivalents   Own %
THM Class 1 Preferred
    10,257,579       2.09 %
PTIC Class 1 Preferred
    8,737,938       1.78 %
MSPI Class 1 Preferred
    32,930,628       6.71 %
FP Group Class 1 Preferred
    166,968,315       34.02 %
Edgestone Class 1 Preferred
    14,436,593       2.94 %
Shares outstanding (7/31/07)
    213,272,401       43.45 %
Edgestone warrants
    737,467       0.15 %
TPC warrants
    37,174,877       7.57 %
Other warrants
    317,995       0.06 %
Treasury method dilutive options
    5,990,017       1.22 %
New Class 1 Preferred Warrants
    0       0.00 %
 
    490,823,810       100.00 %
Class 1 Convertible Preferred Share Terms
         
Class 1 Preferred Conversion Price
  $ 1.3161  
Conversion Ratio
    759.8207x  
THM Class 1 Preferred value
  $ 13,500,000  
PTIC Class 1 Preferred value
  $ 11,500,000  
MSPI Class 1 Preferred value
  $ 43,340,000  
FP Group Class 1 Preferred value
  $ 219,747,000  
Edgestone Class 1 Preferred value
  $ 19,000,000  
Total Class 1 Preferred value
  $ 307,087,000  
New Class 1 Preferred Warrant
                         
Tranche   Gross   x USD   Net Dilutive
THM
    1,022,996     $ 1.3161       0  
PTIC
    871,441     $ 1.3161       0  
MSPI
    3,284,196     $ 1.3161       0  
FP Group
    16,651,875     $ 1.3161       0  
Total
    21,830,508               0  
Treasury Method Schedules
                         
Tranche   Gross   x CDN   Net Dilutive
Tranche A
    546,305     $ 1.24       84,302  
Tranche B
    702,821     $ 1.16       146,801  


 

- 64 -

                         
Tranche   Gross   x CDN   Net Dilutive
Tranche C
    536,250     $ 2.75       0  
Tranche D
    128,000     $ 2.00       0  
Tranche E
    1,042,247     $ 1.55       0  
Tranche F
    4,019,650     $ 1.18       784,771  
Tranche G
    211,383     $ 1.16       44,152  
Tranche H
    62,987     $ 1.13       14,445  
Tranche I
    15,457,948     $ 1.00       4,915,545  
Total options
    22,707,591               5,990,017  
                         
            x CDN        
Edgestone warrants
    5,000,000     $ 1.25       737,467  
TPC warrants
    37,174,877     $ 0.00       37,174,877  
Other warrants
    1,000,000     $ 1.00       317,995  
                         
            x USD        
Convertible Noteholder Warrants
    16,500,000     $ 1.28       0  
Total warrants
    59,674,877               38,230,339  
                         
FP Group   Investment   Dilutive Shares   Own %
Arsenal HoldCo I S.a.r.l.
  $ 205,819,000       156,385,533       31.86 %
Arsenal HoldCo II S.a.r.l.
  $ 13,928,000       10,582,782       2.16 %
Total
  $ 219,747,000       166,968,315       34.02 %

 


 

SCHEDULE “B”
DISCLOSURE SCHEDULE
This document constitutes the disclosure schedule (the “Disclosure Schedule”) referred to in the Class 1 Convertible Preferred Share Subscription Agreement (the “Subscription Agreement”) dated August 16, 2007 between the Corporation, Arsenal Holdco I, Sarl and Arsenal Holdco II, Sarl and Morgan Stanley. Unless the context otherwise requires, words and expressions defined in the Subscription Agreement shall have the same meanings in this Disclosure Schedule.
Disclosure in any one section of this Disclosure Schedule shall be deemed to be disclosure for purposes of all other sections of this Disclosure Schedule to the extent such actual disclosure in the one section contains sufficient information so as to constitute adequate disclosure for purposes of that other section or sections and where such actual disclosure would be reasonably apparent to be applicable to such other section or sections. Reference to any matter in any section shall not be deemed to an acknowledgement by the Corporation that such matter meets or exceeds any applicable threshold of materiality or any other relevant threshold.
In some respects, this Disclosure Schedule sets forth conditions, sets of facts or other disclosure not strictly called for by the Subscription Agreement where it was thought that such disclosure might be helpful. No implication shall be drawn that any condition, set of facts or other disclosure set forth herein is necessarily material or is otherwise required to be disclosed or that the inclusion of such disclosure establishes or implies a standard of materiality, a standard for what is or is not in the usual and ordinary course of business or any other standard for disclosure set forth in the Agreement.
The following specific disclosures are made in relation to the Subscription Agreement:


 

 

SECTION 4.3
SUBSIDIARIES
List of Subsidiaries:
The full corporate name, jurisdiction of incorporation and registered and beneficial ownership of the issued and outstanding shares of each direct and indirect Subsidiary is as follows:
         
    Jurisdiction of    
Name of Subsidiary   Incorporation   Ownership of Securities
Mitel Networks Holdings Limited
  United Kingdom   Wholly-owned by the Corporation
 
       
Mitel Networks Asia Pacific Limited
  Hong Kong   Wholly-owned by the Corporation
 
       
Mitel Networks International Limited
  Barbados   Wholly-owned by the Corporation
 
       
Mitel Networks Overseas Limited
  Barbados   Wholly-owned by the Corporation
 
       
Mitel Networks Limited
  United Kingdom   Wholly-owned by Mitel Networks Holdings Limited, which is in turn wholly-owned by the Corporation
 
       
Mitel Networks SARL
  France   Wholly-owned by Mitel Networks Limited, which is in turn wholly-owned by Mitel Networks Holdings Limited, which is in turn wholly-owned by the Corporation
 
       
Mitel Networks Italia SRL
  Italy   Wholly-owned by Mitel Networks Limited, which is in turn wholly-owned by Mitel Networks Holdings Limited, which is in turn wholly-owned by the Corporation
 
       
Mitel Networks, Inc.
  Delaware   Wholly owned by Mitel Networks Limited, which is in turn wholly-owned by Mitel Networks Holdings Limited, which is in turn wholly-owned by the Corporation
 
       
Mitel Networks Germany GmbH
  Germany   Wholly-owned by Mitel Networks Limited, which is in turn wholly-owned by Mitel Networks Holdings Limited, which is in turn wholly-owned by the Corporation
 
       
Mitel Telecom Limited
  United Kingdom   Wholly-owned by Mitel Networks Limited, which is in turn wholly-owned by Mitel Networks Holdings Limited, which is in turn wholly-owned by the Corporation
 
       
Mitel Financial Services Limited
  United Kingdom   25% owned by First Asset Finance PLC; 75% owned by Mitel Networks Limited, which is in turn wholly-owned by Mitel Networks Holdings Limited, which is in turn wholly-owned by the Corporation


 

- 2 -

         
    Jurisdiction of    
Name of Subsidiary   Incorporation   Ownership of Securities
Mitel Networks (México), S.A. de C.V.
  Mexico   Wholly owned by the Corporation
 
       
Mitel Comércio e Serviços do Brasil Ltda.
  Brazil   Wholly owned by the Corporation
Certain corporate filings have not yet been filed. The following table provides details of the current status, by corporate entity.
Legal Entity Filings Update Q4 2007
                                                                                                       
              Filing Status
Legal Entity   Location         Financial statements     Tax Returns     Corporate Filings
              2007   2006   2005   2004     2007   2006   2005   2004     2006   2005   2004
Mitel Networks Corporation
  Canada     *     ü       ü       ü       ü                 ü       ü       ü         ü       ü       ü  
Mitel Networks Overseas Limited
  Barbados     *             ü       ü       ü                 ü       ü       ü         ü       ü       ü  
Mitel Networks International Limited
  Barbados     *             ü       ü       ü                 ü       ü       ü         ü       ü       ü  
Mitel Networks Holdings Limited
  UK     *           IP     ü       ü               IP     ü       ü         ü       ü       ü  
Mitel Networks Asia Pacific Ltd.
  HK     *           IP     ü       ü               IP     ü       ü         ü       ü       ü  
Mitel Networks (Mexico)
  Mexico                 IP     n/a       n/a               IP     n/a       n/a         n/a       n/a       n/a  
Mitel Comercio e Servicos do Brasil Ltda.
  Brasil                   n/a       n/a       n/a                 n/a       n/a       n/a         n/a       n/a       n/a  
Mitel Telecom Limited (Inactive)
  UK                 IP     ü       ü                 n/a       n/a       n/a         ü       ü       ü  
Mitel Networks Germany GmbH
  Germany                   ü       ü       ü                 ü       ü       ü         n/a       n/a       n/a  
Mitel Networks SARL
  France                   ü       ü       ü                 ü       ü       ü         n/a       n/a       n/a  
Mitel Networks Italia SRL
  Italy                   ü       ü       ü                 ü       ü       ü         n/a       n/a       n/a  
Mitel Financial Services Limited
  UK     *           IP     ü       ü               IP     ü       ü         ü       ü       ü  
Mitel Networks Inc.
  US                   ü       ü       ü                 ü       ü       ü         ü       ü       ü  
Mitel Networks Limited
  UK     *           IP     ü       ü               IP     ü       ü         ü       ü       ü  
Branch Office
  Australia                   n/a       n/a       n/a                 n/a       n/a       n/a         n/a       n/a       n/a  
Branch Office
  Spain                           ü       ü                 ü       ü       ü         n/a       n/a       n/a  
Branch Office
  South Africa                   n/a       n/a       n/a                 n/a       n/a       n/a         n/a       n/a       n/a  
Branch Office
  Dubai                                                     n/a       n/a       n/a         n/a       n/a       n/a  
Branch Office
  Singapore     *           IP     ü       ü               IP     ü       ü         n/a       n/a       n/a  
Branch Office
  Netherlands                   n/a       n/a       n/a                 ü       ü       ü         n/a       n/a       n/a  
 
ü   Completed and filed
 
IP   In Progress
 
*   Audited financial statements required
 
n/a   Not applicable
Partnerships, Joint Ventures, etc.:
The Corporation or its Subsidiaries are a partner or participant in the following partnerships or joint ventures, or own or have agreed to acquire securities in the following businesses or Persons:
         
Name of Joint Venture   Jurisdiction   Ownership of Securities
Tianchi Mitel Telecommunications Corp
  China   50 % owned by the Corporation
 
       
 
     
      25% owned by Tricom Tianchi Limited
 
       
 
     
      21.25% owned by Tianjin Zhonghuan Electronic Computer Corporation
 
       
 
     
      3.125% owned by Tianjin Economic Technological Development Area Industrial Investment Company
 
       
 
     
      0.625% owned by Trianjin Post and Telecommunications Administration of China
 
       
The Corporation is not a partner in a partnership.


 

 

SECTION 4.5
AUTHORIZED, ISSUED AND OUTSTANDING CAPITAL
A.   Stockholder Rights and Restrictions (inter alia, price protection, transfer, preemptive. conversion, redemption, put. and anti-dilution rights).
 
    Pursuant to an arrangement between the Corporation and Osler, Hoskin & Harcourt LLP (“OHH”) in respect of the provision of legal services to the Corporation, (a) the Corporation may, at its option, issue Common Shares to OHH in partial satisfaction of outstanding accounts with that firm, up to 25% of the value of each eligible invoice capped at a dollar amount of $200,000 per year, and (b) certain “price protection” rights have been granted to OHH such that OHH will be issued additional Common Shares if the Corporation subsequently issues Common Shares (or grants options) at a lower price.
 
B.   Warrants.
  a)   Warrants to acquire 37,174,887 Common Shares have been granted by the Corporation to the Government of Canada pursuant to the Integrated Communications Solutions R&D Project Agreement dated October 10, 2002, between the Corporation, March Networks Corporation and the Government of Canada (the “TPC Agreement”). The warrants are exercisable on a one-for-one basis for Common Shares of the Corporation for no additional consideration. The TPC Agreement and warrant rights are further described in the Corporation’s most recent SEC filing on Amendment No. 2 to Form F-1 dated November 8, 2006, and as described in and attached as an exhibit to the Corporation’s SEC filing on Form 20-F dated October 31, 2006.
 
  b)   In favour of CIBC World Markets Inc., warrants to purchase a total of 1,000,000 common shares of the Corporation at an exercise price of CDN$1.00, as set forth in the Warrant Certificate and Amendment Agreement, both of which are attached as Appendix “A” to this Section 3.5.
 
  c)   In favour of the holders of the convertible Notes, amended and restated warrants to purchase at total (in the aggregate) of 16 million common shares of the Corporation at an exercise price (subject to appropriate adjustments) US$1.28. Each of these warrants have been issued and sold to the noteholders on identical terms and conditions, although the number of warrants granted may vary between noteholders. A copy of the form of amended and restated noteholder warrant is attached as Appendix “B” to this Section 3.5.
 
  d)   In favour of EdgeStone Capital Equity Fund II-A, L.P., a warrant (the “Series 2 Warrant”) to purchase up to 5 million common shares at an exercise price of CAD$1.25 (subject to appropriate adjustments), which expires on April 23, 2011. A copy of the Series 1 Warrant is attached as Appendix “C” to this Section 3.5.
 
      A list of the record holders of warrants exercisable for shares of capital stock of the Corporation and its Subsidiaries, as at April 7, 2007, is attached as Appendix “D” to this Section 4.5.
C.   Options
  a)   The 2001 Employee Stock Option Plan (“2001 Plan) was initially approved by our shareholders on March 6, 2001, and has since been superseded by the 2006 Equity Incentive Plan (“2006 Plan”) although the options issued under the 2001 Plan continue to be governed by the 2001 Plan All of (a) the Corporation’s non-employee directors, (b) the Corporation’s full-time or permanent


 

 

 - 2 -
      part-time employees and officers, (c) employees, officers and directors of any of the Corporation’s subsidiaries and affiliates, and (d) any of its consultants and consultant companies are eligible to participate in the 2006 Plan and UK Sub-plan. A copy of the UK Sub-plan is attached to this Section 4.5 as Appendix “E”. There are no other service requirements or prerequisites to participation in the 2006 Plan. A total of 25,000,000 common shares are authorized for issuance under the 2001 Plan. As of July 31, 2007, there were outstanding options to purchase 22,707,591 common shares under the 2001 Plan and 2006 Plan. An aggregate of 12% of the issued and outstanding shares (on an is-if-converted to common share basis) is reserved for stock options. This 12% includes the total of the outstanding options granted under both plans. Appropriate adjustments will be made to the number of authorized shares under these plans and to the shares subject to outstanding awards in the event of any reorganization, recapitalization, share split, dividend or other change in our capital structure in order to account for the changed circumstances. The 2001 Plan and the 2006 Plan contain change of control provisions which accelerate vesting of options under certain circumstances unless the board of directors or the compensation committee determines in their discretion not to permit such options to vest. No acceleration to the vesting of any of our outstanding options will occur as a result of the completion of this transaction due to a resolution passed by the board of directors passed on April 26, 2007. The board agreed that notwithstanding that the Financing and Merger may constitute a change in control pursuant to the 2001 Plan and the 2006 Plan, any options granted pursuant to either the 2001 Plan or the 2006 Plan which are not exercisable immediately prior to Closing shall not be accelerated as a result of the Closing of the Financing and Merger. As of September 8, 2006, no further options will be granted under the 2001 Plan. A copy of the 2001 Plan is attached as Appendix “F” to this Section 4.5, and is described in the Corporation’s recent SEC filing on Form 20-F (October 31, 2006). As of July 31, 2007, 17,375,828 grants have been made under this plan.
 
  b)   The 2006 Equity Compensation Plan is attached as Appendix “G” to this Section 4.5. As of July 31, 2007, 5,331,763 grants have been made under this plan.
 
  c)   A list of options outstanding for shares of capital stock of the Corporation and its Subsidiaries, as at July 31, 2007, is attached as Appendix “H” to this Section 4.5.
F.   Other Plans
  a)   Effective May 14, 2001, the Corporation entered into the Mitel Networks Corporation U.S. Employee Stock Purchase Plan which plan provided a means for employees of Mitel Networks Inc. and Mitel Networks Solutions, Inc. to purchase common shares in the Corporation for a period of one (1) year from the effective date and in accordance with the terms provided therein. Although the plan is no longer active for the issuance of shares, shares remain issued and outstanding under the agreement.
 
  b)   On December 9, 2004, the Corporation adopted a deferred share unit plan in order to promote a greater alignment of interests among two members of the Corporation’s senior management staff and our shareholders, as set out in Note 22 of the Financial Statements. (One of the senior management participants has since left the Corporation.) The Corporation’s previous supplemental executive retirement plan was wound up and terminated by the Corporation in favour of the deferred share unit plan. Each deferred share unit entitles the holder to receive a cash lump sum payment equal to the market value of our common shares within one year of cessation of employment. Deferred share units are not considered shares, nor is the holder of any deferred share unit entitled to voting rights or any other rights attaching to the ownership of shares. The number of deferred share units that may be awarded to a participant in any calendar year under the deferred share unit plan is equal to 15% of the participant’s annual salary, less the


 

- 3 -

    maximum amount of the participant’s eligible retirement savings plan contributions in that particular taxable year. Within a year of a participant’s cessation of employment with the Corporation, such participant will receive a lump sum payment in cash having a value equal to the number of deferred share units recorded on his account multiplied by the market value of our common shares, less any applicable withholding taxes. The deferred share unit plan is administered by the Corporation’s Compensation Committee. A copy of the DSUP is attached to this Section 3(s) as Appendix “I”.
 
G.   Other Redemption Obligations, Shareholder Agreements or Registration Rights Agreements
 
     
 
    As a general practice, the Corporation accepts share subscriptions from certain employees for the purchase of Common Shares, and agrees to advance interest free loans to such employees to purchase such Common Shares. The Corporation has made it a practice, although it is not an obligation, to forgive loans for employees who are terminated involuntarily. In such instances, the Corporation redeems the shares not yet paid for.
 
    There are currently 3 employees in the UK and 1 in Canada who have outstanding loans. The details are as follows (as at July 31, 2007):
     
Location   Amount outstanding on loan
UK
  <£2400
UK
  <£350
UK
  <£400
Canada
  < CAD$800
Appendices:
Appendix A: CIBC Warrant(1), as amended
Appendix B: Form of Amended and Restated Noteholder Warrant
Appendix C: Series 1 Warrant
Appendix D: Warrant Register
Appendix E: UK Sub-Plan of Equity Incentive Plan
Appendix F: Employee Stock Option Plan
Appendix G: 2006 Equity Incentive Plan(2)
Appendix H: List of Options Outstanding
Appendix I: Deferred Share Unit Plan(3)
 
(1)   Filed on May 3, 2004 as an exhibit to a Schedule 13D (Mitel as issuer) by EdgeStone Capital Equity Fund II-A, L.P.; EdgeStone Capital Equity Fund II-US, L.P.; EdgeStone Capital Equity Fund II-US-Inst., L.P.; National Bank Financial & co. Inc.; EdgeStone Capital Equity Fund II-A GP, L.P.; EdgeStone Capital Equity Fund II US GP, L.P.; EdgeStone Capital Equity Fund II-US-Inst. GP, L.P.; EdgeStone Capital Equity Fund II-A GP, Inc.; EdgeStone Capital Equity Fund II-US Main GP, Inc.; Samuel L. Duboc; Gilbert S. Palter; Bryan W. Kerdman; Sandra Cowan; and EdgeStone Capital Equity Fund II-B GP, Inc. and incorporated herein by reference.
 
(2)   Filed separately as an exhibit to the annual report on Form 20-F of Mitel for the year ended April 30, 2006 and incorporated herein by reference.
 
(3)   Filed Separately as an exhibit to the annual report on Form 20-F of Mitel for the year ended April 24, 2005 and the transition period ended April 30, 2005 and incorporated herein by reference.


 

 

SECTION 4.6
LAWFUL ISSUANCE
Non-Compliance with Pre-Emptive Rights, Securities Laws or Other Laws:
With respect to prior issuances of securities by the Corporation to Persons resident in jurisdictions other than Canada, the United States or the United Kingdom, the Corporation did not make independent inquiry into whether all such issuances fully complied with all applicable laws in such other jurisdictions. As a result, those securities of the Corporation may not have been offered, issued and sold in compliance with such laws. This Section 4.6 shall not limit the Investors rights to indemnification pursuant to the terms of the Subscription Agreement.


 

 

SECTION 4.8
GOVERNMENTAL OR THIRD PARTY CONSENTS
The following consents, approvals, authorizations, declarations, filings or registrations with any Governmental Authority or any other Person have been or will be obtained prior to Closing as follows:
    Section 2.8 of the Shareholders Agreement requires the Corporation to obtain the prior written consent of EdgeStone Capital Equity Fund II-B GP, Inc., as agent for EdgeStone Capital Equity Fund II-A, L.P. and its parallel investors, and EdgeStone Capital Equity Fund II Nominee, Inc., as nominee for EdgeStone Capital Equity Fund II-A, L.P. and its parallel investors (collectively, “EdgeStone”), prior to (a) amending the Corporation’s articles; (b) issuing any equity securities or warrants; (c) acquiescing to the assertion of any price protection or anti-dilution rights with respect to any outstanding securities or any securities of the Corporation or any Subsidiary that may hereafter be issued; (d) redeeming or purchasing for cancellation any equity securities of the Corporation, except in certain limited circumstances; (e) incurring or becoming liable for or have outstanding any borrowing or funded indebtedness in excess of $80,000,000 in the aggregate; (f) making any material change in the Business; (g) repaying any debt which exceeds $5,000,000; (h) creating any material Subsidiary, making any business acquisition in excess of $5,000,000, except in the ordinary course of the Business; (j) approving any changes in the size of the Board of Directors; or (k) agreeing to a Change of Control Event (as defined in the Articles) in which the Corporation is a party, or amalgamating or merging with or into any other corporation.
 
      The Corporation will be required to obtain a waiver from Principal Shareholders (EdgeStone, Terence Matthews, Celtic Tech Jet Limited, Power Technology Investment Corporation, Zarlink Semiconductor Inc., and Wesley Clover Corporation) to the Shareholders Agreement if it is unable to comply with the pre-emptive rights notice provisions under Section 4.1 of that agreement.
 
      Section 8.3(d) of Schedule A to the Articles and Section 8.3(d) of Schedule B to the Articles each provide that the Corporation will not undertake certain matters without the approval of the Series A Majority Holders and the Series B Majority Holders respectively (each, as defined in the Articles), including undertakings to amend the articles of the Corporation to add, change or remove any rights, privileges, restrictions or conditions attached to the Series A Shares or the Series B Shares or otherwise change the Series A Shares or Series B Shares.
 
      If a notification is required to be filed pursuant to Part IX of the Competition Act (Canada) in connection with the Investment, (x) the Commissioner of Competition (the “Competition Commissioner”) shall have issued an advance ruling certificate pursuant to section 102 of the Competition Act in respect of the Investment; or (y) the Competition Commissioner shall have waived the obligation to notify and supply information under Part IX of the Competition Act pursuant to subsection 113(c) of the Competition Act and confirmed in writing that she has no intention to file an application under Part VIII of the Competition Act (a “no-action letter”) in respect of the Investment; or (z) the statutory waiting period under section 123 of the Competition Act shall have expired or been terminated and the Competition Commissioner shall have issued a no-action letter in respect of the Investment.
 
      The 2001 Employee Stock Option Plan and the 2006 Equity Incentive Plan contain change of control provisions which accelerate vesting of options under certain circumstances unless the board of directors or the compensation committee determines in their discretion not to permit such options to vest. No acceleration to the vesting of any of our outstanding options will occur as a result of the completion of this transaction due to a resolution passed by the board of


 

 

 - 2 -
      directors passed on April 26, 2007. The board agreed that notwithstanding that the Financing and Merger may constitute a change in control pursuant to the 2001 Plan and the 2006 Plan, any options granted pursuant to either the 2001 Plan or the 2006 Plan which are not exercisable immediately prior to Closing shall not be accelerated as a result of the Closing of the Financing and Merger.


 

 

SECTION 4.9
FINANCIAL STATEMENTS & ABSENCE OF CERTAIN CHANGES
Section 4.9 (c): Material Transaction with Insiders
    On April 25, 2006, the Corporation entered into an agreement with Natural Convergence Inc. to purchase prepaid software licenses worth $1.2, payable in four equal installments over the course of fiscal 2007. The Corporation had the option to instead invest any of its four installments in prepaid licenses in secured convertible debentures which were (a) repayable to debenture holders (plus a credit fee of 25% per annum of any outstanding principal) on the earlier of December 31, 2006, or on the occurrence of certain events, or (b) automatically convertible into preferred shares of NCI upon the closing of a qualifying financing of no less that $6.0. The convertible debentures were also issued with warrants to acquire a number of common shares of NCI equal to the dollar amount of the investment divided by $1.00, at an exercise price per common share of C$0.0001. In May 2006, the Corporation purchased $0.3 in prepaid software licenses under the agreement. In August 2006, November 2006 and February 2006, the Corporation exercised its option to invest its second, third and fourth installment payments in convertible debentures totaling $0.9. Since NCI had completed a qualifying financing of $10.0 in November 2006, the Company’s entire $0.9 balance of debentures and $0.1 accrued interest was automatically converted into NCI Class C Preferred Shares at a 5% discount in accordance with terms of the agreement. Following the conversion, and upon exercising its warrants, the Company received 8,467,523 Class C Preferred Shares and acquired 600,000 common shares. At April 30, 2007, the Company had a combined ownership of 5.6% in NCI but did not exert significant influence over NCI. Accordingly, the $1.0 investment recorded on the balance sheet at April 30, 2007 has been accounted for using the cost method.
 
    In addition to the license and financing agreement described above, the Company also purchased $2.1 of products and services from NCI for the year ended April 30, 2007 (2005 — $nil; Transition Period — $nil; 2006 — $0.3). The related net balance payable at April 30, 2007 was $0.5 (April 30, 2006 — $0.2).
 
    Please see Section 4.5 (B)(f)
Section 4.9 (f): Issuance of Shares
    The Corporation has obligations to grant or has granted/issued the options, warrants and shares as described under Section 4.5(b) of this Disclosure Schedule.
Section 4.9 (g): Officers, Directors and Key Employee
Since the Financial Statement Date, the following changes occurred in the position of the officers, directors and key employees of the Corporation or any of the Material Subsidiaries:


 

 

 - 2 -
                     
                Date of    
            Date of   Termination/   Replacement
Entity Name   Name of Officer   Title   Appointment   Resignation   Officer
Mitel Networks, Inc.
  Christian Na   Corporate Secretary     13 Jul 07   Daniel Anixt
Section 4.9 (h): Compensation
Donald W. Smith.
     Effective as of May 5, 2006, the Corporation executed an Agreement to Amending the Amended and Restated Employment Agreement with Mr. Smith. Mr. Smith is employed for an indefinite term, subject to termination in accordance with the terms of his employment agreement, as amended. If Mr. Smith is terminated without cause, he will receive a severance payment totaling 24 months’ salary and bonus compensation (paid over a 24-month period), plus benefit continuation and continued vesting of options for the same period. Upon death or disability, Mr. Smith is entitled to a lump sum payment of one year’s total salary plus bonus, and, in addition, continued vesting of options for one year. Mr. Smith receives a base salary of C$750,000, a monthly car allowance of C$1,000, stock options, and fuel and maintenance reimbursement for one vehicle, and he participates in the Corporation’s standard employee benefit plans. Mr. Smith is also entitled to receive an annual bonus payment in an amount determined by the Compensation Committee of the Board of Directors of the Corporation. Mr. Smith’s employment agreement contains provisions addressing confidentiality, non-disclosure, non-competition and ownership of intellectual property. In the event of a change in control there is accelerated vesting of 100% of any remaining unvested options.
     By way of a letter agreement between Mr. Smith and Dr. Matthews dated March 1, 2002, as amended, Dr. Matthews granted to Mr. Smith options to purchase 3,000,000 common shares of the Corporation with an exercise price of C$3.50 from the holdings of Dr. Matthews. All of these options have vested and none have been exercised. These options to Mr. Smith expire on March 1, 2012.
Paul A.N. Butcher.
     Paul Butcher is employed as President and Chief Operating Officer of the Corporation, reporting to the Chief Executive Officer. Effective as of May 5, 2006, the Corporation executed an Agreement Amending the Amended and Restated Employment Agreement with Mr. Butcher. Mr. Butcher is employed for an indefinite term, subject to termination in accordance with the terms of his employment agreement, as amended. If Mr. Butcher is terminated without cause, he will receive a severance payment totaling 18 months’ salary and bonus compensation (paid over an 18-month period), plus benefit continuation and continued vesting of options for the same period. Upon death or disability, Mr. Butcher is entitled to a lump sum payment of one year’s total salary plus bonus, and, in addition, accelerated vesting of 25% of any remaining unvested options. Mr. Butcher receives a base salary of C$500,000, a monthly car allowance of C$1,500, stock options, and fuel and maintenance reimbursement for one vehicle, and he participates in the Corporation’s standard employee benefit plans. Mr. Butcher is also entitled to receive an annual bonus payment in an amount determined by the Compensation Committee, in its sole discretion. Mr. Butcher’s employment agreement contains provisions addressing confidentiality, non-disclosure, non-competition and ownership of intellectual property. In the event of a change in control there is accelerated vesting of 100% of any remaining unvested options.
     By way of a letter agreement between Mr. Butcher and Dr. Matthews dated March 1, 2002, as amended, Dr. Matthews granted to Mr. Butcher options to purchase 1,000,000 common shares of the Corporation with an exercise price of C$3.50 from the holdings of Dr. Matthews. All of these options have vested and none have been exercised. These options to Mr. Butcher expire on March 1, 2012.


 

- 3 -

Steven E. Spooner.
     Steven Spooner is employed as Chief Financial Officer of the Corporation, reporting to our Chief Executive Officer. Effective as of January 1, 2006, the Corporation executed an Employment Agreement with Mr. Spooner under which he is employed for an indefinite term, subject to termination in accordance with its terms. If Mr. Spooner is terminated without cause, he will receive a severance payment totaling 18 months’ salary and bonus compensation (paid over an 18-month period), plus benefit continuation and continued vesting of options for the same period. Upon death or disability, Mr. Spooner is entitled to a lump sum payment of one year’s total salary plus bonus, and, in addition, accelerated vesting of 25% of any remaining unvested options. Mr. Spooner receives a base salary of C$300,000 C$335,000, a monthly car allowance of C$1,000, stock options, and fuel and maintenance reimbursement for one vehicle, and he participates in the Corporation’s standard employee benefit plans. Mr. Spooner is also entitled to receive an annual bonus payment of up to 50% of his annual base salary, in an amount determined by the Compensation Committee, in its sole discretion. Mr. Spooner’s employment agreement contains provisions addressing confidentiality, non-disclosure, non-competition and ownership of intellectual property. In the event of a change in control there is accelerated vesting of 100% of any remaining unvested options.
Section 4.9 (j): Indebtedness, material obligations or material liabilities
The Corporation has the following indebtedness, material obligations or materials liabilities outside the ordinary course of business:
***    
  See accounts receivable financing in 4.10(A).
Section 4.9 (l): Settlement of Legal Proceeding
***


 

 

SECTION 4.10
INDEBTEDNESS
A. Indebtedness with at Least One Year Maturity:
     The Corporation or one of its Subsidiaries have incurred Indebtedness which matures more than one year after the date of their original creation or issuance under the following:
    certain capital leases of not more than USD$5,000,000, at interest rates varying from 9.0% to 12.0%, payable in monthly instalments, with maturity dates ranging from September, 2007 to August, 2009, and secured by the leased assets.
 
    certain real property leases entered into by the Corporation or its Subsidiaries as set forth in Section 4.13(a) of this Disclosure Schedule.
 
    On April 30, 2007, the Corporation entered into an agreement under which it sold $12.8 million of its non-interest bearing trade accounts receivable to an unaffiliated financial institution at a rate of 7.5% on Canadian dollar receivables and 10.25% on US dollar receivables. Under the Agreement, the Corporation will continue to service, administer and collect the pool of accounts receivable without a fee, on behalf of the purchaser and, in certain events of breach can be required to repurchase the receivables. The Agreement is guaranteed by the Corporation’s principal shareholder, for which a fee of $12,000 was paid, and a reserve of $1.9 million was recorded as restricted cash in connection with the agreement. The Corporation is not considered to have ceded control over the transferred receivables, and so the transfer has not been accounted for as a sale. The agreement does not provide the financial institution with the right to pledge or resell the transferred receivables.


 

 

SECTION 4.11
ABSENCE OF UNDISCLOSED LIABILITIES
Interest Rate Hedge
In September 2005, the Corporation entered into a derivative contract with JP Morgan (AA- latest S&P rating), in order to limit the impact of a change in LIBOR on interest expense related to the convertible Notes for the period commencing November 1, 2005 to November 1, 2007. The derivative contract, based on $55 million, effectively provides a cap on LIBOR of 5.27% and a floor on LIBOR of 4.00%. At July 31, 2007, the FMV of the derivative contract was $46,994.00.
Outstanding Foreign Exchange Contracts
As at July 31, 2007, the Corporation had the following foreign currency contracts outstanding:
                                                                 
Counter   Transaction   Value           Mitel                   Mitel
Party   Date   Date   Currency   Buy (Sell)   Rate   Currency   Buy (Sell)
                                     
RBC   12-Apr-07   14-Jun-07   EUR     (7,350 )     1.35220     USD     9,939    
 
RBC   12-Apr-07   14-Jun-07   GBP     6,450       1.97880     USD     (12,763 )  
 
CIBC   24-Apr-07   3-May-07   CAD     (3,000 )     0.89087     USD     2,673    
 
CIBC   24-Apr-07   17-May-07   CAD     (3,000 )     0.89087     USD     2,673    
 
CIBC   24-Apr-07   31-May-07   CAD     (3,000 )     0.89087     USD     2,673    
 
Bonding
As at April 30, 2007, the Corporation had less than USD$5,000,000 in bonds outstanding. These bonds are related to various customer contracts. Potential payments due under these may be related to our performance and/or our resellers’ performance under the applicable contract. Historically, we have not made any payments and we do not anticipate that we will be required to make any material payments under these types of bonds.


 

 

SECTION 4.12
TAX MATTERS
Section 4.12(a): Arrears
None.
Section 4.12(b): Tax Returns
The following Subsidiaries have not filed tax returns within the times prescribed:
Mitel Networks Limited
Mitel Networks Holdings Limited
Mitel Networks Asia Pacific Limited
This omission of filings is not considered material and are currently being resolved.
Section 4.12(c): Claims
None.
Section 4.12(d): Withholding
The Corporation is aware that, due to errors made by a former employee, the Corporation is late in paying withholdings due for its Australian branch office. This error is not considered material and is currently being resolved.
Section 4.12(e): Tax Sharing
None.
Section 4.12(h): Audits
             
MITEL NETWORKS CORPORATION: Open Tax Audits   (as of July 31st, 2007)
Canada
           
Income Tax
  Federal   2002 — 2003   International audit still to be completed
 
           
USA
           
Sales tax
  California   07/01/03 — 06/30/06   Status: The auditor has completed his field work and we are in process of reviewing invoices & exemption certificates for the “Sales tax” test. The response to the “Accrued tax analysis” is being mailed out today. The requested invoices for the “Fixed Asset” test are in process.
 
           
Income tax
  New York   FYE 2003—2006   Status: The scope of the original audit has been expanded to include Mitel Networks, Inc. Field work has been completed and requested information has been supplied to the auditor for review. We are waiting for any additional questions or the audit reports.


 

- 2 -

             
MITEL NETWORKS CORPORATION: Open Tax Audits   (as of July 31st, 2007)
Income tax
  Alabama   FYE2005   Status: Desk audit assumed to be closed. No response to information sent May 31, 2006.
 
           
France
           
Income tax
      2003—2006   Status: French tax authorities are presently auditing fiscal years 2003-2006.
Section 4.12(j): Collection and Remittance
None.


 

 

SECTION 4.13
REAL PROPERTY
Real Property
The Corporation owns no Real Property.
Section 4.13(a): Leased Real Property
The Corporation’s Head Office (located at 350 Legget Drive, Ottawa, Canada) totalling approximately 512,000 square feet are leased from Brookstreet Research Park Corporation (formerly known as Mitel Research Park Corporation), a company controlled by Dr. Matthews. In addition, the Corporation and its Subsidiaries are parties under certain leases for office space details of which are attached to this Section 4.13(a) as Appendix “A”.
Section 4.13 (b): Subletting or Assignment of Leased Real Property
    The Corporation has entered into sublease agreements with each of General Dynamics Canada, Ltd. and InGenius Software Engineering, Inc. for certain space at 350 Legget Drive, Ottawa.
 
    The Corporation has entered into sublease agreement with Smart Technologies Inc. for certain space at 340 Legget Drive, Ottawa.
 
    The Corporation has entered into sublease agreement with New Heights Software Corporation for certain space at 390 March Road, Ottawa.
 
    Mitel Networks Limited has sublet 100% of its interest in the lease entered into with Birmingham Business Park, which lease is described in Section 4.13(a) of this Disclosure Schedule, to IGT UK Ltd.
 
    Mitel Networks Limited has sublet the property leased to it under the lease entered into with Griffin Business Centre, which lease is described in Section 4.13(a) of this Disclosure Schedule, to SBP.


 

Section 4.13 — Appendix A
REAL PROPERTY
                             
            Commencement   Expiry   Annual Rent
Leased Property   Landlord   Tenant   Date   Date   Payable
 
                           
CANADA
 
                           
2800, 350 — 7th Avenue SW
Suite 2830
Calgary, AB T2P 3N9
  First Executive Centre
Ltd.
  Mitel Networks Corporation   15-APR-04   30-NOV-07   ***
 
                           
4299 Canada Way, 100
Burnaby, BC V5G 1H3
  Great West Life
Assurance Company
  Mitel Networks
Corporation
  01-JUL-98   30-JUN-11   ***
 
                           
177 Lomard Avenue
Winnipeg, MB R3B 0W5
  Commerce Executive
Centre
  Mitel Networks
Corporation
  09-AUG-06   30-AUG-07   ***
 
                           
1505 Barrington St. 1110
Halifax, NS B3J 3K5
  Fortis Properties
Corporation(Former
Trizic Properties
Limited)
  Mitel Networks
Corporation
  01-JAN-02   31-DEC-07   ***
 
                           
1883 Bradley Side Road,
Carp, ON
  Royal Ottawa Health
Care Group Board of
Trustees
  Mitel Networks
Corporation
  03-OCT-96   02-OCT-11   ***
 
                           
340, 350 Legget Drive, and
390 March Road, Kanata, ON
K2K 2W7
  Brookstreet
Research Park
Corporation
  Mitel Networks
Corporation
  27-MAR-01   31-MAR-11   ***
 
                           
135 Matheson Blvd. West,
Mississauga, ON L5R 3L1
  Airport Hartland
Leaseholds Incl
  Mitel Networks
Corporation
  28-OCT-98   31-MAY-09   ***
 
                           
 
  C/o Crown Property
Managment
                       
 
                           
1111 boulevard Dr.-Frederik-
Philips Bureau 2nd Floor, St
Laurent PQ H4M 2X6
  Alexis Nihon   Mitel Networks
Corporation
  01-FEB-05   31-JAN-12   ***
 
                           
USA
 
                           
3200 Bristol Street, 200 Costa
Mesa, CA 92626
  Maguire Properties —
Pacific Arts Plaza, LLC
  Mitel Networks, Inc.   11-JAN-99   31-JAN-11   ***
 
                           
2680 Bishop Drive, Suite 280
San Ramon, CA 94583
  Annabel Investment
Company
  Mitel Networks, Inc.   01-MAY-02   31-MAY-07   ***
 
                           
Corporate Centre V
Five Concourse parkway,
Suite 1950
Atlanta, GA 30328-6111
(Fulton county, GA)
  485 Properties, LLC   Mitel Networks, Inc.   09-DEC-05   31-DEC-13   ***
 
                           
Three First National Plaza
20th Floor
Chicago. IL 60602
  Hines 70 West
Madison LP
  Mitel Networks, Inc.   01- JAN-06   31-DEC-12   ***
 
                           
1157 W. Cullerton
Chicago, IL
  Quantum Crossings,
LLC
  Mitel Networks Inc.   01-APR-06   31-MAR-09   ***
 
                           
2900 Lone Oak Parkway, 128
Eagan, MN 55122
(Minneapolis)
  NAI Welsh.   Mitel Network Solutions, Inc.   01-DEC-01   30-NOV-11   ***
 
                           
1099 Wall Street West Suite
137 Lyndhurst, NJ 07071
  Fairfield Business
Properties
  Mitel Network Solutions, Inc.   16-MAY-03   30-JUN-06   ***
 
                           
10 East Stow Road, Suite 50
Marlton, NJ 08053
  Liberty Property
Limited Partnership
  Mitel Networks, Inc.   07-AUG-06   31-AUG-09   ***
 
                           
6 British American Blvd.
Latham, NY 12110 (Albany)
  Nocha Group 3 LLC   Mitel Network Solutions, Inc.   01-MAR-96   28-FEB-07   ***
 
                           
3 Park Avenue 31st Floor
New York, NY 10015
  Three Park Avenue
Building Co., L.P.
  Mitel Network Solutions, Inc.   14-MAY-04   30-JUN-09   ***
 
                           
GSW Distribution Centre #1
805 W.N. Carrier parkway
Grand Prairie, TX 75050
  805 Carrier Partners Ltd.   Mitel Networks, Inc.   01-MAY-04   30-JUN-07   ***
 
                           
205 Van Buren Street, 400
Herndon, VA 20170-5344
  205 Van Buren
Associates LLC
  Mitel Networks, Inc.   01-AUG-99   31-JUL-09   ***
 
                           
1113 Kennedy Avenue
Kimberly, WI 54136
(Little Chute)
  R K R Investments   Mitel Network Solutions, Inc.   01-NOV-02   31-APR-07   ***
 
                           
N19 W24400 Riverwood
Drive Waukesha,Wisconsin
(Milwaukee)
  MRA-The
Management Assoc., Inc.
  Mitel Network Solutions, Inc.   01-JAN-03   31-DEC-06   ***
 
                           
 
  No Lease agreements
in please with storage
units. Monthly only
                       
 
                           
Mitel Networsk
Bosque de Alisos 47-A In
A2-02 Bosques de las Lomas
Delegacion Cuajimalpa
Mexico d.F., C.P. 05120
  Elsa maria Vera
Zalazar
Boseque de
Caterinals No 48
  Mitel Networks Inc.   01-DEC-03   31-JUl-07   ***
 
                           
Parkside Plaza
Metro Office Park
14 Calle 2 Ste 202
Guaynabo, Puerto Rico
  Parkside, S.E.   Mitel Networks , Inc.   01-APR-06   31-MAR-09   ***
 
                           
Chamic Business Centre
St. Michael, Barbados
  Charmic Holdings Ltd   Mitel Networks, Inc.   01-JUL 04   Renewable
annually
(cancel with 6
month notice)
  ***
 
                           
Rua Lauro, Juller 116
Room 2201, Rio Sul Center Building
Botaforgo, Rio De Janeiro
Brazil
  Roberto Dunin
Borkowsky
  Mitel Comercio E Servicos Do Brazsil Ltda.   01-NOV-06   31-OCT-10   ***
 
                           
 
  Note, This is the US
Archive company.
We do not have a
lease Agreement.
Invoiced monthly
                       
 
                           
UK OFFICES
 
                           
Unit 1, Castlegate Business Park
Caldicot, Monmouthshire
NP26 5YR
  Robert Hitchins Ltd.   Mitel Networks Ltd.   17-MAR-06   09-MAR-21   ***
 
                           
113-114 Buckingham
Avenue, Slough, SL1 4PF
  Slough Estates   Mitel Networks
Limited
    1991       2016     ***
 
                           
2230 The Crescent,
Birmingham Business Park,
Solihull Parkway,
Birmingham, B37 7YE
  Birmingham Business
Park
  Mitel Networks
Limited
    1990     2015
Office sublet
from Sep 3005-
Sep 2010
  ***
 
                           
9 The Parks, Newton-Le-
Willows, Merseyside, WA12
0JQ (Haydock)
  Ryleygate   Mitel Networks
Limited
    2003       2013     ***
 
                           
126, West Regent Street
Glasgow G2 2BH
  Griffin Business
Centre
  Mitel Networks
Limited
    2006     30-APR-07
(6 mon
renewable Lic.)
  ***
 
                           
Nye Bevan House, India
Street, Glasgow
  Glasgow City Council   Mitel Networks
Limited
    2002       2014     ***
 
                           
4th Floor, 3 Bunhill Row,
London, EC1Y 8YZ
  Executive
Communications
Centre
  Mitel Networks
Limited
  17-OCT-05   30-APR-07   ***
 
                           
INTERNATIONAL OFFICES
 
                           
Centro Direzional Milano
Oltre, Palazzo Leonardo,
20090 Segrate, MI
(Milan, Italy)
  Edilnord   Mitel Networks
Italia SRL
    2001     Sept 2007   ***
 
                           
Plusfour, Jupiterstratt 5-7,
Hoofddorp, NL,
2132HC(Schipol, NL)
  Corio   Mitel Networks
Limited
    2001     Renewable
annually
  ***
 
                           
Dubai Internet City, Office
122/123, Building No.9. PO
Box 500142, Dubai, UAE
  Dubai Technology,
Electronic Commerce
& Media Free Zone
  Mitel Networks
Limited
  Renewable annually   Renewable
annually
  ***
 
                           
Le Quebec,11 Rue Jacques
Cartier,78280
Guyancourt(Paris, France)
  SCI Quebec   Mitel Networks SARL     2002       2011     ***
 
                           
Prinzenallee 15, D-40549
Dusseldorf, Germany
  Prinzenpark   Mitel Networks
Limited
    2003       2013     ***
 
                           
Benedicion de Campos 8,
3era planta
Edificio, Inglaben 28026
Madrid, Spain
  Cegosa Inversiones S.A.   Mitel Networks
Iberia
    2005     Renewable
annually
  ***
 
                           
Riyadh Kingdom Centre —
The Kingdome Centre
28th Floor. , Riyadh 11321,
Saudi Arabia
  Regus   Mitel Networks Ltd   Sep 05   31-AUG-08   ***
 
                           
First Floor, Forest Ridge 21A
The Woodlands, Woodmead
Sandton, South Africa
  AECI Pension Fund   Mitel South Africa   01-SEP-05   31-AUG-08   ***
 
                           
ASIA AND FAR EAST (US $’S)
 
                           
Suite 1203B
157-159 Walker Street
North Sydney, NSW 2060
Australia
  Epsom Enterprises Pty Ltd.   Mitel Networks Asia Pacific Ltd   01-JUL -04   30-JUN-07   ***
 
                           
88 Hing Fat St. 2002-20
Floor
Causeway Bay, Hong Kong
China
      Mitel Networks
Asia Pacific Ltd
  01-APR-05   Renewable
annually
  ***
 
                           
1 Dong ting First Ae Teda
Tianjin Pr
China 200457
      Mitel Networks
Asia Pacific Ltd
  No Lease
No Rent — Use of office
only
           
 
                           
Prudential Tower 14
30 Cecil Street
Singapore 049712
  Diamond Town VII
Properties
  Mitel Networks
Asia Pacific Ltd
  01-JUL-05   30-JUN-07   ***


 

 

SECTION 4.15
HEALTH, SAFETY & ENVIRONMENTAL MATTERS
As a result of the completion an internally mandated, 3rd party environmental compliance audit, the Corporation is aware of the following unresolved non-compliances:
  Certificate of Approval (Air) condition not met: lack of equipment manual for diesel generators on site detailing maintenance schedule & procedure, as well as emergency procedures (Corrective Action in Process, Due: 31-Aug-07);


 

 

SECTION 4.16
EMPLOYMENT CONTRACTS
Section 4.16(b): Number of Employees and Independent Contractors
Full Time Employees and Independent Contractors:
The Corporation and its Subsidiaries have in aggregate approximately 1,514 full time employees and a number of independent contractors retained by the Corporation from time to time as required.
Section 4.16(c): Severance Obligations
Please see disclosure set out under Sections 4.9 (h) and 4.17(a) of this Disclosure Schedule.
***


 

 

SECTION 4.17
EMPLOYEE PLANS
Section 4.17(a): Employee Plans
The Employee Plans are as follows:
Global or Multi-regional Employee Plans
    “Stock Option Administration Policy & Procedures” — policy and procedure for employee stock option plan (Global)
 
    “Sales Incentive Compensation Plan — Fiscal year 2008” — sales incentive compensation plan for employees in US and Canada
 
    “Invention Disclosure Program” — description of program in place for patent management — Note: the Invention Disclosure Program document is provided in draft form as it has not been finalized but, in the form provided, substantially reflects the practices of the Corporation
 
    “Patent Portfolio Policy” — policy for administration and maintenance of patent portfolio
 
    “Layoff” — description of policy for layoffs, as amended by Termination Agreements which were issued by the Corporation to certain key employees, as a retention strategy, to increase entitlement upon layoff (see Section 4.9(h) of this Disclosure Schedule)
Employee Plans available to Canadian Employees
    “Choices & Opportunities — 2007 Employee Benefits” — information for Flexible Benefit Program available on intranet
 
    “Member’s Booklet for Mitel Networks Corporation Pension Plan for Quebec and Ontario Members” — information for Pension Plan (DCPP and RRSP) available on intranet
 
    “Termination of Employment” – CP000023_02 — Canada Policies — Employment – guidelines for termination of employees
 
    “Compensation” – CP000023_02 — Canada Policies — Rewards, Recognition & Benefits - additional compensation programs for employees, e.g. call-in pay, overtime, etc.
Employee Plans available to EMEA Employees
    “Schedule of Employee Benefits” — summary of benefits available to employees
 
    “Your Benefits” — information booklet for benefits availably to employees
 
    “Redundancy & Redeployment” — MFHR0024 — policy for the redundancy and redeployment of permanent employees
 
    “Family Security Plan” — information booklet for pension program available to employees


 

 

 - 2 -
    “Family Security Plan — Additional Voluntary Contributions” — information booklet for additional voluntary contributions that can be made under the pension program
 
    “Out of Hours Working and Overtime Payments” — policy and procedure for payment of overtime for eligible employees
 
    “Payment to Employees Moved to Higher Cost Housing Areas” — policy and procedure for compensation payments to employees transferred at the company’s request
 
    “Working Time Policy” — policy and procedure for calculation and management of working time to ensure the company complies with Working Time Regulations, application in the UK
 
    “Voluntary Termination of Employment” – CP000070_02 — policy and procedure relating to resignation
 
    “Sales Incentive Scheme” — policy and procedure applicable to all employees eligible for the sales incentive scheme in EMEA
 
    “Bid Management Bonus Scheme” — policy and procedure for bonus scheme applicable to employees who are responsible for bid management
 
    “Service Account Management Incentive Scheme” — policy and procedure for bonus scheme applicable to employees who are responsible for service account management
 
    “Micros for the Masses” — interest free loan made available to employees to enable the purchase of home computer (no written documentation of program available)
 
    “Stakeholder Plan” — pension scheme facilitated by Friend Provident (insurance company) which enables employees to access, subject to the employees contribution, a contribution by the Corporation equal to 6% of the employees salary (no written documentation of program available)
Employee Plans available to US Employees
    “Mitel Networks Corporation U.S. Employee Stock Purchase Plan” – policy and procedure for employee stock option purchase by employees of Mitel Networks Inc. and Mitel Networks Solutions Inc.
 
    “T. Rowe Price Update” booklet — information on 401K plan
 
    “Severance Plan” — US HR Guide — Severance Pay — guidelines for severance benefits for employees (available by internet), as amended by Termination Agreements which were issued by the Corporation to certain key employees, as a retention strategy, to increase entitlement upon layoff
 
    “Benefits to Meet Your Needs” — information” booklet for Flexible Benefit Program”
Section 4.17(b):
None.


 

- 3 -

Section 4.17(d): Amendments to Employee Plans
In June 2001, the Corporation introduced a global hours reduction program (“Global Hours Reduction Program”) which resulted in a reduction in hours of one-half day per week. After October 11, 2002, the Corporation introduced a modified hours reduction program, under which the total number of hours reduction was reduced from 10% to 6.7%. The modified hours reduction program introduced “designated” or “alternate” days on which employees were not required to work. The modified hours reduction program was terminated on December 30, 2002 and the Global Hours Reduction Program was re-instated. Such program was discontinued in March 2004.
In December 2001, the Corporation introduced a pension reduction program affecting all its employees in North America, other than those employees who are members of the International Brotherhood of Electrical Workers and, as such, subject to the Collective Agreement disclosed in Section 4.18 of this Disclosure Schedule. The pension reduction programs were effective December 15, 2001, in Canada and January, 2003, in the US. Under this program, the Corporation’s contribution to its pension plan is reduced by a total of 1% of the enrolled and affected employee’s earnings. The pension reduction program is still in force.
Termination Agreements were issued by the Corporation to certain key employees, as a retention strategy, to increase entitlement upon lay off. See Section 4.9(h) to this Disclosure Schedule.
Section 4.17(f): Tax Exempt Status of Employee Plans
None.
Section 4.17(g): Insurance and Accruals
The Deferred Stock Unit Plan
The U.K. pension Plan.


 

 

SECTION 4.18
UNIONS
List of Collective Agreements:
Collective Agreement with the International Brotherhood of Electrical Workers effective until September 30, 2007.
Existence of Unions and other Bargaining Agents:
The International Brotherhood of Electrical Workers represents approximately 87 American field technicians who perform installation, maintenance and systems changes for Mitel Networks Inc., an indirect wholly-owned subsidiary of the Corporation (see above – Collective Agreement).


 

 

SECTION 4.19
MATERIAL CONTRACTS
Section 4.19 (ii): Material Contracts
The Corporation or its Subsidiaries entered into the following Contracts that are individually, or in the aggregate (in the case of a series of related agreements or agreements with the same or related parties), material to the Corporation (considered on a consolidated basis) or its Business, prospects, financial condition, operations, property or affairs (other than those purchase and sale agreements, instruments or commitments for the sale of the products or services of the Corporation entered into in the ordinary course of business on the Corporation’s standard terms):
    please see disclosure of the Contracts listed under Sections 4.10 and 4.19(iii) of this Disclosure Schedule.
 
    lease agreement between Brookstreet Research Park Corporation and the Corporation for the lease of 350 Legget Drive, Ottawa, Ontario, which lease agreement is described in Section 4.13(a) of this Disclosure Schedule.
 
    The Corporation is a party to a “R/3 Software End User Value License Agreement with SAP Canada Inc.”, effective February 16, 2001 and entered into with SAP Canada Inc. This license agreement provides the Corporation with business process management software.
 
    please see disclosure of the Contracts set forth in the Financial Statements.
 
    please see disclosure of the TPC Agreement set forth in Section 4.5B of this Disclosure Schedule.
Section 4.19 (iii) (a): Single Source Contracts
The Corporation outsources most its worldwide manufacturing and repair operations to BreconRidge Manufacturing Solutions Corporation. In addition to BreconRidge, the Corporation outsources the manufacturing of a number of its products to Flextronics Telecom Systems, Ltd. of Mauritius and certain desktop sets to WKK Technology Ltd. of China. The Corporation has implemented a dual sourcing strategy for key components of the portfolio to ensure competitive pressure and security of supply. Suppliers are assessed on a quarterly basis depending on performance criteria (quality, cost and service) and changes in sourcing are made accordingly based on that assessment.
Section 4.19 (iii) (c): Employment Agreements
Please see disclosure set out in Section 4.9(h) of this Disclosure Schedule.
Section 4.19 (iii) (d): Contracts with Affiliates, Insiders and Non-Arms Length Parties (other than Subsidiaries)
    The Corporation is party to a lease agreement with Brookstreet Research Park Corporation, a corporation controlled directly or indirectly by Dr. Terence H. Matthews, respecting its corporate headquarters at 350 Legget Drive, Kanata, Ontario.


 

 

 - 2 -
    The Corporation is a party to the TPC Agreement with TPC and March Networks Corporation, each (other than TPC) being a corporation controlled by directly or indirectly Dr. Terence H. Matthews.
 
    The Corporation and certain of its Subsidiaries, Mitel Networks Inc. and Mitel Networks Limited, are parties to a supply agreement with BreconRidge Manufacturing Solutions, Inc. and BreconRidge Manufacturing Solutions Limited dated August 31, 2001.
 
    In connection with the acquisition of the Mitel name, certain assets and subsidiaries from Zarlink, the Corporation entered into:
    a non-exclusive supply agreement dated February 16, 2001, as amended, with Zarlink pursuant to which Zarlink has agreed to supply semiconductor components to the Corporation; and
 
    an intellectual property license agreement dated February 16, 2001, with Zarlink pursuant to which Zarlink licensed to the Corporation certain intellectual property retained by Zarlink at the time the communications systems business of Zarlink was sold to the Corporation.
 
           
      Zarlink is a shareholder of the Corporation.
 
    The Corporation is a party to certain lease agreements, as disclosed in Section 4.13 of this Disclosure Schedule, with BreconRidge Manufacturing Solutions Corporation.
 
    The Corporation is a party to a services agreement with BreconRidge Manufacturing Solutions Corporation, BreconRidge Manufacturing Solutions Inc. and BreconRidge Manufacturing Solutions Limited dated August 31st, 2001.
 
    The Corporation has entered into technology transfer, technology licensing and distribution agreements with each of the following companies related to Dr. Matthews: NewHeights Software Corporation, Encore Networks, Inc., Natural Convergence Inc. and MKC Corporation. These companies develop technology that the Corporation integrates with, distributes or sells alone or as part of its own products. The Corporation also purchases services from time to time from the following companies that are directly or indirectly related to Dr. Mathews: March Networks Corporation, Canandia Inc., CTJL and Brookstreet Hotel Corporation, Celtic Manor Resort Manor Limited, Wesley Clover Corporation, and Bridgewater Systems Corporation.
 
    The Corporation and its Subsidiaries, Mitel Networks Limited and Mitel Networks International Limited, are a party to an Alliance Agreement entered into effective September 21, 2001.
Section 4.19 (iii) (e): Joint Venture Agreement
    As described in Section 4.3 of this Disclosure Schedule, the Corporation is a party to a joint venture named Tianchi Mitel Telecommunications Corp.
Section 4.19 (iii) (f): Government Contracts
    The Corporation entered into the TPC Agreement, as described in Section 4.5B of this Disclosure Schedule.


 

- 3 -

    Mitel Networks, Inc. holds a federal supply schedule Contract No. GS-35F-0398K with the General Services Administration (“GSA”) that governs the terms and conditions of sales to federal and state government entities that procure goods and services under through the GSA.
Section 4.19 (iii) (g): Exclusive Dealings
    The Corporation is a party to a Distribution Agreement with Digital Telecom Company effective November 1st, 1990 pursuant to which the Corporation appointed Digital Telecom Company as the exclusive distributor in Egypt.
 
    The Corporation is a party to a Letter of Intent with Canandia Inc. effective June 8th, 2007 pursuant to which the Corporation agrees to enter into a definitive agreement appointing Canandia as the exclusive (as of the effective date) distributor in India.
Section 4.19 (iii) (h): Escrow Agreements
    The Corporation is a party to an escrow agreement with Zarlink and Royal Trust (Escrow Agent), in favour of the Corporation whereby Zarlink has escrowed certain of its VoIP and Hybrid products used by the Corporation in its products.
 
    Mitel Networks Limited is a party to an escrow agreement with Marks & Spencer in the U.K., and NCC Escrow International Ltd., in favour of Marks & Spencer for the escrow of certain of the Corporation’s product source code.
Section 4.19 (iii) (i): License, distribution or resale of Business IP
    ***


 

SECTION 4.20
CUSTOMERS, LICENSORS AND SUPPLIERS
Section 4.20(a): Customer Contracts and Supplier Contracts
(i)   Contracts between the Corporation or any Subsidiary and the ten most significant customers (April 30, 2007) (including distributors):
 
    Top 10 Customers
***
    Top 10 Indirect Customers
***
    Top 10 Direct Customers
***


 

 

 - 2 -
(ii)   Contracts between the Corporation and any Subsidiary and the ten most significant suppliers (including licensors of Licensed IP):
***
Section 4.20(e): Alternative Sources of Supply
***


 

 

SECTION 4.21
DESCRIPTION OF BUSINESS INTELLECTUAL PROPERTY
Appendix A hereto provides a list of the Intellectual Property and Technology that the Corporation owns, uses or has the right to use in the conduct of its Business and that is individually or in the aggregate material to the conduct of the Business or the loss of which could reasonably be expected to result in a Material Adverse Effect. With the exception of the following Mitel referenced Patents, there is no Intellectual Property and Technology registered in the name of the Subsidiaries:
    Mitel Ref. No. 502 (registered in the name of Mitel Networks, Inc.)
 
    Mitel Ref. No. 200, 353, 399, 400, 401, 402, 403, 410, and 481 (registered in the name of Mitel Inc. (now Mitel Networks, Inc.).
The Corporation is in the process of assigning the above referenced Patents into the name of the Corporation.
The Corporation is in the process of obtaining (and in the case of Zarlink negotiating1) assignments of the following Patents in favour of the Corporation
    Registered in the name of Mitel Knowledge Corporation, now owned by CTJL:
Europe: Mitel Ref. No. 526, 540, 554, 558, 561, 565, 566
France: Mitel Ref. No. 555
Germany: 478, 527, 555
UK: 123
    Registered in the name of Zarlink:
US: Mitel Ref. No. 111103, 111123, 111125, 111138, 111145
Europe: Mitel Ref. No. 70
France: Mitel Ref. No. 70, 441
UK: Mitel Ref. No. 70, 98, 136, 370/345, 111123, 111138
    Registered in the name of MNI (as disclosed above):
US: Mitel Ref. No. 502
UK: Mitel Ref. No. 200, 353, 399, 400, 401, 402, 403, 410, 481
The Corporation is in the process of seeking administrative registration/correction of the following Patents in favour of the Corporation:
    UK: Mitel Ref. No. 47 63 78 79 81 105 106 107 111 113 114 119 122 127 132 134 139 143 160 161 162 163 164 165 171 172 180 182 192 193 195 196 210 214 227 234 236 240 250 258 261 267 270 272 274 281 282 283 283 284 290 291 292 296 298 301 302 310 319 321 322 323 325 330 331 336 341 345 349 355 356 357 359 361 367 372 373 376 382 383 384 386 394 409 411 411 415 417 421 423 425 428 430 433 436 437 439 440 441 444 446 448 458 460 460 462 463 464 467 485 486 492 493 494 495 499 503 514 514 517 518 538 548 553 553 11178 11197 111144 111153 111170 111172 111172 111176 111179 190121
 
1   These patents will either be assigned or, in the alternative, the Corporation has a right to licenses under a license agreement with Zarlink.


 

 

 - 2 -
    EP: Mitel Ref. No. 77 449 461 466 469 477 478 479 483 491 499 502 507 508 509 513 519 520 521 523 525 527 528 529 530 532 533 534 535 541 542 543 544 545 546 549 550 552 555 557 559 560
 
    FR: Mitel Ref. No. 514 514(2nd) 538 553 553(2nd) 517
 
    DE: Mitel Ref. No. 79 106 107 111 113 114 122 132 134 139 139 139 160 163 164 165 171 180 182 193 196 258 274 281 283 302 310 345 357 441 517 111172


 

SECTION 4.21 — Appendix A
DESCRIPTION OF BUSINESS INTELLECTUAL PROPERTY
Owned IP
             
Industrial Design Patents   Reference Number   Jurisdiction
Telephone Sets
    347     Canada
Plastic Door
    394     Canada, US, UK
Telephone Attendant Console (Superconsole 2000)
    494     Canada, US, UK
Mouse Controller
    514     Canada, France, US, UK
5303 Conference Phone
    538     Canada, France, US, UK
Architecture and Implementation for Context Aware Call Processing with Local Feature Definition
    543     Canada, US, UK, EU
Mitel 5230 IP Appliance
    553     Canada, France, Germany, UK
Computer — Telephony Device
    602     Canada, EU, US
             
Trademarks   Reference Number   Jurisdiction
“MITEL”
    431,328     Canada
M & design
    217,058     Canada
Mitel and M design
    433,249     Canada
         
Domain Names   Registrar    
mitel.com
  www.internic.ca    
                                 
Copyrights                        
FILE   TITLE OF WORK   USA       APPL'N   REG'N   DATE   REG’N   PRODUCT
REF   ALTERNATE TITLE   CAN   TYPE   DATE   DATE   REC’D   NUMBER   LINE
CR0025  
SX-200 Digital Generic Lightware
  USA   Programme   6-Sep-96   10-Sep-96       TXU 744-764   SX-200
   
Generic 1005
                           
   
LIGHTWARE 15
                           
   
LIGHTWARE 16
                           
CR0027  
SX-2000 PBX Software LIGHTWARE 28
  USA   Programme   7-May-97   9-May-97   10-Feb-98   TXU 815-664   SX-2000
   
MS2008
                           
CR0028  
SX-2000 PBX Software LIGHTWARE 27
  USA   Programme   7-May-97   9-May-97   10-Feb-98   TXU 815-663   SX-2000
   
MS2007
                           
CR0029  
SX-2000 PBX Software LIGHTWARE 26
  USA   Programme   7-May-97   9-May-97   10-Feb-98   TXU 815-662   SX-2000
   
MS2006
                           
CR0031  
SX-2000 PBX Software LIGHTWARE 29
  USA   Programme   5-Aug-99   6-Aug-99   11-Feb-00   TXU 729-119   SX-2000
   
MS2009
                           
CR0040  
SX-2000 PBX Software LIGHTWARE 30
  USA   Programme   24-Mar-00   27-Mar-00   18-Oct-00   TXU 944-954   SX-2000
   
MS2010
                           
CR0041  
SX-2000 for Windows NT
  USA   Programme   10-Jan-02   11-Jan-02   10-May-02   TXU 1-027-550   SX-2000
CR0043  
SX-200 PBX Software LIGHTWARE 17
  USA   Programme   26-Nov-01   28-Nov-01   8-Mar-02   TXU 1-021-337   SX-200
   
G1007
                           
CR0044  
SX-200 PBX Software LIGHTWARE 18
  USA   Programme   26-Nov-01   28-Nov-01   8-Mar-02   TXU 1-021-336   SX-200
   
G1010
                           
CR0045  
SX-200 PBX Software LIGHTWARE 19
  USA   Programme   26-Nov-01   28-Nov-01   8-Mar-02   TXU 1-018-525   SX-200
   
G1012
                           
CR0046  
SX-2000 PBX Software LIGHTWARE 31
  USA   Programme   10-Jan-02   11-Jan-02   10-May-02   TXU 1-027-551   SX-2000
   
MS2011
                           
CR0047  
MITEL NETWORKS 3200 ICP System Software
  USA   Programme   10-Jan-02   11-Jan-02   29-Aug-02   TXU-1-027-549   MN 3200
   
IPERA 2000 System Software
                           


 

Patents
                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
   
 
                   
Agent   
 
                   
604   
Prospective Availablity Service and Client 
                   
621   
Incoming Caller Information on Self Labelling Keys 
                   
625   
Dynamic Programmable Key Allocation 
                   
626   
RFID Enabled Call Transfer 
                   
627   
IM Presence Enhanced Telephony 
                   
629   
Delayed Cell Phone Call Retrieval When Operating a Motor Vehicle 
                   
632   
Method for Partial Compressing a File for Subsequent Faster Decompression 
                   
633   
Availability-Aware Callback 
                   
635   
Intelligent Desktop Agent 
                   
636   
Managed Softkey Presentation 
                   
637   
Method to Improve the Man-Machine Interface of Embedded Systems Equipped with Graphic Displays by Adding Ethernet Connectivity to PC Input Devices 
                   
638   
A Fast and Scalable Method for I/O Multiplexing Over TCP/IP Connections in iPBX Systems 
                   
639   
Mechanism to Capture and Follow-Up on Offense During Contact Center Customer Calls 
                   
640   
Navigator Task Bar 
                   
   
 
                   
Application
Filed
 
 
 
                   
334D   
Processing By Use of Synchronized Tuple Spaces and Assertions 
  US    11/471742    06/21/2006         
356D   
Call Control System and Method 
  Canada    2551861    08/17/2000         
469   
Visually Impaired Application 
  Canada    2431124    06/05/2003         
469   
Visually Impaired Application 
  Europe    03253594.0    06/06/2003         
469   
Visually Impaired Application 
  UK    0213134.0    06/07/2002         
469   
Visually Impaired Application 
  US    10/457076    06/05/2003         
502   
Methods and Apparatus for Previewing Multimedia Attachments of Electronic Messages 
  Canada    2,354,803    08/07/2001         
502   
Methods and Apparatus for Previewing Multimedia Attachments of Electronic Messages 
  Europe    01306796.2    08/09/2001         
502   
Methods and Apparatus for Previewing Multimedia Attachments of Electronic Messages 
  US    09/643150    08/21/2000         
508   
Pro-Active Features for Telephony 
  Canada    2413574    12/05/2003         
508   
Pro-Active Features for Telephony 
  Europe    02258428.8    12/06/2002         
508   
Pro-Active Features for Telephony 
  UK    0129250.7    12/06/2001         
508   
Pro-Active Features for Telephony 
  US    10/310558    12/05/2002         
520D   
Tuple Space Operations for Fine Grained Control 
  Europe    06076173.1    06/06/2006         

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
523   
An Infrared-based Protocol for Selecting a Service from a Set of Discovered Services 
  Canada    05194156    12/03/2002         
523   
An Infrared-based Protocol for Selecting a Service from a Set of Discovered Services 
  Europe    02257705.0    11/06/2002         
523   
An Infrared-based Protocol for Selecting a Service from a Set of Discovered Services 
  US    10/281700    10/28/2002         
528   
Echo Canceller Employing H-register and Storage Register 
  Canada    2429877    05/27/2003         
528   
Echo Canceller Employing H-register and Storage Register 
  Europe    03252525.5    04/22/2003         
528   
Echo Canceller Employing H-register and Storage Register 
  UK    0212298.4    05/28/2002         
528   
Echo Canceller Employing H-register and Storage Register 
  US    10/446359    05/28/2003         
529   
Cheap Lightpipe Design and Construction 
  Canada    2418251    01/31/2003         
529   
Cheap Lightpipe Design and Construction 
  Europe    03250642.0    01/31/2003         
529   
Cheap Lightpipe Design and Construction 
  UK    0202314.1    02/11/2002         
529   
Cheap Lightpipe Design and Construction 
  US    10/355181    01/31/2003         
539   
Integrated Configuration of Multiple Content Servers 
  US    09/921,288    08/01/2001         
540   
PDA to PDA Communications Using a Network Portal 
  Canada    2463013    04/01/2004         
540   
PDA to PDA Communications Using a Network Portal 
  Europe    04252024.7    04/05/2004         
540   
PDA to PDA Communications Using a Network Portal 
  UK    0307861.5    04/04/2003         
540   
PDA to PDA Communications Using a Network Portal 
  US    10/815804    04/02/2004         
542   
Privacy and Security Mechanism for Presence Systems with Tuple Spaces 
  Canada    2436896    08/11/2003         
542   
Privacy and Security Mechanism for Presence Systems with Tuple Spaces 
  Europe    03017604.4    08/11/2003         
542   
Privacy and Security Mechanism for Presence Systems with Tuple Spaces 
  UK    0218716.9    08/12/2002         
542   
Privacy and Security Mechanism for Presence Systems with Tuple Spaces 
  US    10/638416    08/12/2003         
543   
Architecture and Implementation for Context Aware Call Processing with Local Feature Definition 
  Canada    2436075    07/24/2003         
543   
Architecture and Implementation for Context Aware Call Processing with Local Feature Definition 
  Europe    03017686.9    08/11/2003         
543   
Architecture and Implementation for Context Aware Call Processing with Local Feature Definition 
  UK    0218713.6    08/12/2002         
543   
Architecture and Implementation for Context Aware Call Processing with Local Feature Definition 
  US    10/631811    08/01/2003         
544   
Context Aware Call Handling System 
  Canada    2436086    07/24/2003         
544   
Context Aware Call Handling System 
  Europe    03017607.7    08/11/2003         
544   
Context Aware Call Handling System 
  UK    0218712.8    08/12/2002         
544   
Context Aware Call Handling System 
  US    10/631834    08/01/2003         
545   
Bimodal Feature Access for Web Applications 
  Canada    2419884    02/26/2003         
545   
Bimodal Feature Access for Web Applications 
  Europe    03251200.6    02/27/2003         
545   
Bimodal Feature Access for Web Applications 
  US    10/375439    02/27/2003         
546   
Making Presence Services Aware of Communication Services 
  Canada    2436061    07/24/2003         
546   
Making Presence Services Aware of Communication Services 
  Europe    03017608.5    08/11/2003         
546   
Making Presence Services Aware of Communication Services 
  UK    0218711.0    08/12/2002         
546   
Making Presence Services Aware of Communication Services 
  US    10/631789    08/01/2003         
550   
Generation of availability indicators from call control policies for presence enabled telephony systems 
  Europe    03017605.1    08/11/2003         
550   
Generation of availability indicators from call control policies for presence enabled telephony systems 
  UK    0218714.4    08/12/2002         
550   
Generation of availability indicators from call control policies for presence enabled telephony systems 
  US    10/631747    08/01/2003         
551   
Internet Appliance Proxy Protocol to Support Location-based Services 
  Canada    2455469    01/19/2004         

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
551   
Internet Appliance Proxy Protocol to Support Location-based Services 
  Europe    04250146.0    01/14/2004         
551   
Internet Appliance Proxy Protocol to Support Location-based Services 
  UK    0301285.3    01/20/2003         
551   
Internet Appliance Proxy Protocol to Support Location-based Services 
  US    10/759249    01/20/2004         
552   
Availability and Location Predictor Using Call Processing Indications 
  Canada    2436067    07/24/2003         
552   
Availability and Location Predictor Using Call Processing Indications 
  Europe    03017610.1    08/11/2003         
552   
Availability and Location Predictor Using Call Processing Indications 
  UK    0218708.6    08/12/2002         
552   
Availability and Location Predictor Using Call Processing Indications 
  US    10/631819    08/01/2003         
554   
Method for extending the frequency range of a beamformer without spatial aliasing 
  Canada    2453076    12/15/2003         
554   
Method for extending the frequency range of a beamformer without spatial aliasing 
  Europe    03257799.1    12/11/2003         
554   
Method for extending the frequency range of a beamformer without spatial aliasing 
  UK    0229267.0    01/16/2003         
554   
Method for extending the frequency range of a beamformer without spatial aliasing 
  US    10/734116    12/15/2003         
556   
IP Device Registration for a Multiple DHCP Server Network 
  Canada    2399979    08/28/2002         
556   
IP Device Registration for a Multiple DHCP Server Network 
  UK    0227885.1    11/29/2002         
557   
Role-based Presence 
  Canada    2436102    07/24/2003         
557   
Role-based Presence 
  Europe    03017611,9    08/11/2003         
557   
Role-based Presence 
  UK    0218707.8    08/12/2002         
557   
Role-based Presence 
  US    10/631794    08/01/2003         
558   
Remote Policy Asst with means for PSTN/Internet Interworking for QuS and Enabled Services 
  Canada    2463565    04/07/2004         
558   
Remote Policy Asst with means for PSTN/Internet Interworking for QuS and Enabled Services 
  Europe    04252025.4    04/05/2004         
558   
Remote Policy Asst with means for PSTN/Internet Interworking for QuS and Enabled Services 
  UK    0308189.0    04/09/2003         
558   
Remote Policy Asst with means for PSTN/Internet Interworking for QuS and Enabled Services 
  US    10/820132    04/08/2004         
559   
Asymmetrical loudspeaker enclosures to achieve enchanced low frequency response 
  Canada    2442180    09/22/2003         
559   
Asymmetrical loudspeaker enclosures to achieve enchanced low frequency response 
  Europe    03255913.0    09/22/2003         
559   
Asymmetrical loudspeaker enclosures to achieve enchanced low frequency response 
  UK    0222067.1    09/23/2002         
559   
Asymmetrical loudspeaker enclosures to achieve enchanced low frequency response 
  US    10/669138    09/22/2003         
560   
Interactive Conflict Resolution for Personalized Policy-Based Services 
  Canada    2443337    09/29/2003         
560   
Interactive Conflict Resolution for Personalized Policy-Based Services 
  Europe    03256555.8    10/17/2003         
560   
Interactive Conflict Resolution for Personalized Policy-Based Services 
  US    10/680345    10/08/2003         
561   
Method for Broadband Constant Directivity Beamforming for Non Linear and Non Axi-symmetric Sensors Arrays Embedded in an Obstacle 
  Canada    2453048    12/11/2003         
561   
Method for Broadband Constant Directivity Beamforming for Non Linear and Non Axi-symmetric Sensors Arrays Embedded in an Obstacle 
  Europe    03257798.3    12/11/2003         
561   
Method for Broadband Constant Directivity Beamforming for Non Linear and Non Axi-symmetric Sensors Arrays Embedded in an Obstacle 
  UK    0229059.1    12/12/2002         
561   
Method for Broadband Constant Directivity Beamforming for Non Linear and Non Axi-symmetric Sensors Arrays Embedded in an Obstacle 
  US    10/732283    12/11/2003         
563   
Embedded VOIP Security Monitor for PDA attached telephone 
  Canada    2479086    08/25/2004         
563   
Embedded VOIP Security Monitor for PDA attached telephone 
  Europe    04104100.5    08/26/2004         

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
563   
Embedded VOIP Security Monitor for PDA attached telephone 
  UK    0319950.2    08/26/2003         
563   
Embedded VOIP Security Monitor for PDA attached telephone 
  US    10/926077    08/26/2004         
565   
One method of capturing and reusing the constant echo path information using the default coefficients in an echo canceller 
  Canada    2451417    11/28/2003         
565   
One method of capturing and reusing the constant echo path information using the default coefficients in an echo canceller 
  Europe    03257532.6    11/28/2003         
565   
One method of capturing and reusing the constant echo path information using the default coefficients in an echo canceller 
  UK    0227885.1    11/29/2002         
565   
One method of capturing and reusing the constant echo path information using the default coefficients in an echo canceller 
  US    10/722472    11/28/2003         
566   
One method to reduce the switching effects when AES algorithm is used for echo suppression 
  Canada    2453867    12/18/2003         
566   
One method to reduce the switching effects when AES algorithm is used for echo suppression 
  Europe    04250395.3    01/24/2004         
566   
One method to reduce the switching effects when AES algorithm is used for echo suppression 
  UK    0302219.1    01/31/2003         
566   
One method to reduce the switching effects when AES algorithm is used for echo suppression 
  US    10/765465    01/26/2004         
567   
A method to reduce acoustic coupling and howling effects in full-duplex audio conferencing systems based on the beamforming technology 
  Canada    2475183    07/20/2004         
567   
A method to reduce acoustic coupling and howling effects in full-duplex audio conferencing systems based on the beamforming technology 
  Europe    04254345.4    07/21/2004         
567   
A method to reduce acoustic coupling and howling effects in full-duplex audio conferencing systems based on 
                   
   
the beamforming technology 
  US    10/896444    07/22/2004         
568   
Spontaneous Discovery of Remote Bluetooth Data Profiles over an Internet Protocol Communication Session 
  Canada    2509991    06/15/2005         
568   
Spontaneous Discovery of Remote Bluetooth Data Profiles over an Internet Protocol Communication Session 
  UK    0413431.8    06/15/2004         
568   
Spontaneous Discovery of Remote Bluetooth Data Profiles over an Internet Protocol Communication Session 
  US    11/153200    06/15/2005         
572   
Low cost otocoupled DAA 
  Canada    2486335    10/29/2004         
572   
Low cost otocoupled DAA 
  Europe    04256715.6    10/29/2004         
572   
Low cost otocoupled DAA 
  UK    0325301.0    10/30/2003         
572   
Low cost otocoupled DAA 
  US    10/976279    10/29/2004         
573   
System and Method of Self-Discovery and Self-Calibration in a Video Conferencing System 
  Canada    2491849    12/30/2004         
573   
System and Method of Self-Discovery and Self-Calibration in a Video Conferencing System 
  Europe    04107073.1    12/30/2004         
573   
System and Method of Self-Discovery and Self-Calibration in a Video Conferencing System 
  UK    0330253.6    12/31/2003         
573   
System and Method of Self-Discovery and Self-Calibration in a Video Conferencing System 
  US    11/027234    12/30/2004         
575   
Physical Beamforming Using Omnidirectional Microphones 
  Canada    2472938    07/02/2004         
575   
Physical Beamforming Using Omnidirectional Microphones 
  Europe    04253970.0    07/01/2004         
575   
Physical Beamforming Using Omnidirectional Microphones 
  UK    0315426.7    07/01/2003         
575   
Physical Beamforming Using Omnidirectional Microphones 
  US    10/881468    01/01/2004         
576   
Narrow Band Tone Detection in Echo Canceller Systems 
  Canada    2494386    01/26/2005         
576   
Narrow Band Tone Detection in Echo Canceller Systems 
  Europe    05100496.8    01/24/2005         
576   
Narrow Band Tone Detection in Echo Canceller Systems 
  UK    0402096.2    01/30/2004         
576   
Narrow Band Tone Detection in Echo Canceller Systems 
  US    11/045825    01/27/2005         
577   
Using Information Path Transformation to Adapt Legacy Systems for Multiple Language Support 
  Canada    2506927    05/09/2005         
577   
Using Information Path Transformation to Adapt Legacy Systems for Multiple Language Support 
  Europe    05103835.4    05/09/2005         

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
577   
Using Information Path Transformation to Adapt Legacy Systems for Multiple Language Support 
  UK    0412424.4    06/03/2004         
577   
Using Information Path Transformation to Adapt Legacy Systems for Multiple Language Support 
  US    11/128004    05/12/2005         
578   
A method to detect an echo path change in Echo Canceller System 
  Canada    2494500    01/27/2005         
578   
A method to detect an echo path change in Echo Canceller System 
  Europe    05250270.5    01/20/2005         
578   
A method to detect an echo path change in Echo Canceller System 
  UK    0402102.8    01/30/2004         
578   
A method to detect an echo path change in Echo Canceller System 
  US    11/045743    01/27/2005         
579   
High Precision Beamsteerer Based on Fixed Beamforming Approach 
  Canada    2498444    02/24/2005         
579   
High Precision Beamsteerer Based on Fixed Beamforming Approach 
  Europe    05251419.7    03/09/2005         
579   
High Precision Beamsteerer Based on Fixed Beamforming Approach 
  UK    0405455.7    03/11/2004         
579   
High Precision Beamsteerer Based on Fixed Beamforming Approach 
  US    11/075811    03/10/2005         
580   
Optimal design of a leak to correct the negative effect of enslosure acoustic modes on the loudspeaker frequency response 
  Canada    2489113    12/06/2004         
580   
Optimal design of a leak to correct the negative effect of enslosure acoustic modes on the loudspeaker frequency response 
  Europe    04106448.6    12/09/2004         
580   
Optimal design of a leak to correct the negative effect of enslosure acoustic modes on the loudspeaker frequency response 
  UK    0328639.0    12/10/2003         
580   
Optimal design of a leak to correct the negative effect of enslosure acoustic modes on the loudspeaker frequency response 
  US    11/008510    12/10/2004         
584   
Method of Adjusting Speakerphone Performance Based on Set Tilt 
  Canada    2499249    03/02/2005         
584   
Method of Adjusting Speakerphone Performance Based on Set Tilt 
  Europe    05251339.7    03/07/2005         
584   
Method of Adjusting Speakerphone Performance Based on Set Tilt 
  UK    0405341.9    03/10/2004         
584   
Method of Adjusting Speakerphone Performance Based on Set Tilt 
  US    11/075048    03/07/2005         
585   
Universal Microphone Array Stand 
  Canada    2499232    03/03/2005         
585   
Universal Microphone Array Stand 
  Europe    05251486.6    03/11/2005         
585   
Universal Microphone Array Stand 
  UK    0405790.7    03/15/2004         
585   
Universal Microphone Array Stand 
  US    11/077069    03/10/2005         
586   
A Method for Recognizing Location Move of VoIP Phones in a Closed Environment 
  Canada    2503929    04/07/2005         
586   
A Method for Recognizing Location Move of VoIP Phones in a Closed Environment 
  Europe    05102826.4    04/11/2005         
586   
A Method for Recognizing Location Move of VoIP Phones in a Closed Environment 
  UK    0408671.6    04/19/2004         
586   
A Method for Recognizing Location Move of VoIP Phones in a Closed Environment 
  US    11/104827    04/13/2005         
587   
Method for Selecting Impedance Setting for LS Trunk Line 
  Canada    2497106    02/15/2005         
587   
Method for Selecting Impedance Setting for LS Trunk Line 
  Europe    05251210.0    03/01/2005         
587   
Method for Selecting Impedance Setting for LS Trunk Line 
  UK    0404911.0    03/04/2004         
587   
Method for Selecting Impedance Setting for LS Trunk Line 
  US    11/060514    02/16/2005         
587   
Method for Selecting Impedance Setting for LS Trunk Line 
  US    11/608177    12/07/2006         
588   
Method of Dynamic Adaptation for Jitter Buffering in Packet Networks 
  Canada    2457812    02/16/2004         
588   
Method of Dynamic Adaptation for Jitter Buffering in Packet Networks 
  Europe    04102763.2    06/16/2004         
588   
Method of Dynamic Adaptation for Jitter Buffering in Packet Networks 
  US    10/780220    02/17/2004         
589   
Dynamic mailbox size configuration by self modification based on historical behaviour 
  Canada    2551707    07/05/2006         
589   
Dynamic mailbox size configuration by self modification based on historical behaviour 
  Europe    05106378.2    07/12/2005         
589   
Dynamic mailbox size configuration by self modification based on historical behaviour 
  US    11/483893    07/10/2006         

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
593   
Adaptation Step Control Based on Expected Echo Return Loss Enhancement Achievable in Echo Canceller Systems 
  Canada    2514434    08/04/2005         
593   
Adaptation Step Control Based on Expected Echo Return Loss Enhancement Achievable in Echo Canceller Systems 
  Europe    05107144.7    08/02/2005         
593   
Adaptation Step Control Based on Expected Echo Return Loss Enhancement Achievable in Echo Canceller Systems 
  UK    0417375.3    08/04/2004         
593   
Adaptation Step Control Based on Expected Echo Return Loss Enhancement Achievable in Echo Canceller Systems 
  US    11/196624    08/03/2005         
594   
A method to reduce training time of the acoustic echo canceller in full-duplex beamforming-based audio conferencing systems 
  Canada    2539798    03/15/2006         
594   
A method to reduce training time of the acoustic echo canceller in full-duplex beamforming-based audio conferencing systems 
  Europe    05103821.4    05/09/2005         
594   
A method to reduce training time of the acoustic echo canceller in full-duplex beamforming-based audio conferencing systems 
  US    11/381788    05/05/2006         
595   
Twinning Handoff 
  Canada    2573937    01/11/2007         
595   
Twinning Handoff 
  Europe    06250453.5    01/27/2006         
596   
Accelerated training for acoustic echo cancellation in full-duplex beamforming-based audio conferencing systems 
  Canada    2539143    03/09/2006         
596   
Accelerated training for acoustic echo cancellation in full-duplex beamforming-based audio conferencing systems 
  Europe    05252066.5    04/01/2005         
596   
Accelerated training for acoustic echo cancellation in full-duplex beamforming-based audio conferencing systems 
  US    11/392915    03/29/2006         
598   
E-911 Managed Call Routing 
  Canada    2541287    03/03/2006         
598   
E-911 Managed Call Routing 
  Europe    05103393.3    04/26/2005         
598   
E-911 Managed Call Routing 
  US    11/380034    04/25/2006         
599   
Shared Space Preferences 
  Europe    05107535.6    08/16/2005         
599   
Shared Space Preferences 
  US    11/504868    08/16/2006         
600   
Method of Early Detection of Encrypted Signals in Packet Networks 
  Canada    2537083    02/21/2006         
600   
Method of Early Detection of Encrypted Signals in Packet Networks 
  Europe    06250957.5    02/23/2006         
600   
Method of Early Detection of Encrypted Signals in Packet Networks 
  US    11/063563    02/24/2005         
601   
Method of Measuring Distortion (Nonlinearity) for LS Trunk Circuit and Calculating Residue-Error Threshold 
  Canada    2535662    02/09/2006         
601   
Method of Measuring Distortion (Nonlinearity) for LS Trunk Circuit and Calculating Residue-Error Threshold 
  Europe    05101003.1    02/22/2005         
601   
Method of Measuring Distortion (Nonlinearity) for LS Trunk Circuit and Calculating Residue-Error Threshold 
  US    11/351133    02/09/2006         
603   
Computer-Telephony Device 
  Europe    05250670.6    02/07/2005         
605   
Anti-Howling Structure for Full-Duplex Hands-Free Communications Systems 
  Canada    2545551    05/02/2006         
605   
Anti-Howling Structure for Full-Duplex Hands-Free Communications Systems 
  Europe    06011405.5    06/01/2006         
605   
Anti-Howling Structure for Full-Duplex Hands-Free Communications Systems 
  US    11/272813    11/15/2005         
606   
Adaptive Loudspeaker-coupling equalisation for full-duplex switched-beamforming based audio conference phones 
  Canada    2559668    09/13/2006         
606   
Adaptive Loudspeaker-coupling equalisation for full-duplex switched-beamforming based audio conference phones 
  Europe    06120704.9    09/14/2006         
606   
Adaptive Loudspeaker-coupling equalisation for full-duplex switched-beamforming based audio conference phones 
  US    11/253634    10/20/2005         
607   
Method of Detection of Various Devices Within a Room 
  Canada    2559655    09/13/2006         
607   
Method of Detection of Various Devices Within a Room 
  Europe    06120985.4    09/20/2006         
607   
Method of Detection of Various Devices Within a Room 
  US    11/272814    11/15/2005         
608   
Personal Directory 
  Canada    2544008    04/18/2006         
608   
Personal Directory 
  Europe    06011170.5    05/31/2006         

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
608   
Personal Directory 
  US    11/259090    10/27/2005         
609   
Midspan Power Delivery System for Reduced Emissions 
  Canada    2545525    05/02/2006         
609   
Midspan Power Delivery System for Reduced Emissions 
  Europe    06011384.2    06/01/2006         
609   
Midspan Power Delivery System for Reduced Emissions 
  US    11/242857    10/05/2005         
611   
Method to Create a Distributed TFTP Server Network Among IP Phones by Temporarily Transforming TFTP Clients into TFTP Servers 
  Canada    2568697    11/23/2006         
611   
Method to Create a Distributed TFTP Server Network Among IP Phones by Temporarily Transforming TFTP Clients into TFTP Servers 
  Europe    05257443.1    12/02/2005         
612   
Voicemail Podcasting 
  Europe    06014553.9    07/13/2006         
613   
Method to Accelerate IP Phone TCP Control Link Loss Detection Using Networks Neighbour Knowledge 
  Europe    06110115.0    02/17/2006         
613   
Method to Accelerate IP Phone TCP Control Link Loss Detection Using Networks Neighbour Knowledge 
  US    11/674771    02/14/2007         
615   
Method to Distribute Connection Attempts by Stimulus IP Phones to their Server 
  Europe    06251290.0    03/10/2006         
615   
Method to Distribute Connection Attempts by Stimulus IP Phones to their Server 
  US    11/682932    03/07/2007         
616   
An Approach to Improve Echo Performance 
  Canada    2570547    12/07/2006         
616   
An Approach to Improve Echo Performance 
  Europe    05257586.7    12/09/2005         
617   
Queuing Method to Coordinate Connection Attempts by Stimulus IP Phones to Their Server 
  Europe    06251301.5    03/10/2006         
617   
Queuing Method to Coordinate Connection Attempts by Stimulus IP Phones to Their Server 
  US    11/684373    03/09/2007         
618   
Method to Share Networks Access Resources with Other Stimulus Devices in the Same Networks 
  Europe    06110118.4    02/17/2006         
619   
Incoming Caller Information on Self Labeling Keys 
  Europe    06114731.0    05/30/2006         
620   
Dynamic Alarm Adjustment 
  US    11/686606    03/15/2007         
622   
The Echo Path Change Detector Employing Short Adaptive Filter, Default Filter and Long Adaptive Filter 
  US    11/422747    06/07/2006         
623   
Beamforming Weights Conditioning for Efficient Implementations of Broadband Beamformers 
  Europe    06022602.4    10/30/2006         
624   
Delayed adaptation structure for improved double-talk immunity in echo cancellation devices 
  Europe    06118535.1    08/07/2006         
628   
Toolbar Telephony Control 
  US    11/681609    03/02/2007         
630   
Availability — Informed Call Direction 
  US    11/680811    01/03/2007         
631   
Audio Presence Indicator (Prompt or Tone) Via Telephony Device 
  US    11/674793    02/14/2007         
634   
Attention Mediation for Presentational Media 
  US    11/680853    03/01/2007         
   
 
                   
Patent
Granted
 
 
                   
1 (formerly
111144) 
 
Communication System Supporting Remote Operations 
  Canada    558123    02/04/88    1293042    12/10/91
1 (formerly
111144) 
 
Communication System Supporting Remote Operations 
  UK    8901981.4    01/30/89    2215561    05/20/92
1 (formerly
111144) 
 
Communication System Supporting Remote Operations 
  US    07/304472    02/01/89    5007080    04/09/91
2 (formerly
111132) 
 
Telephone Call Answering System 
  Canada    561623    03/16/88    1336449    07/25/95
3 (formerly
111162) 
 
Telephone or Data Switching System with Variable Protocol Inter-Office Communication 
  Canada    2009034    01/31/90    2009034    04/04/95
3 (formerly
111162) 
 
Telephone or Data Switching System with Variable Protocol Inter-Office Communication 
  US    494668    03/16/90    5140590    08/18/92
4 (formerly
11P170) 
 
Voice Activated Telephone Set 
  Canada    2058644    12/31/91    2058644    06/18/96
4 (formerly
11P170) 
 
Voice Activated Telephone Set 
  Canada    2149012    12/31/91    2149012    09/02/97
4 (formerly
11P170) 
 
Voice Activated Telephone Set 
  UK    9227115.4    12/30/92    2263042    06/28/95

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
5 (formerly
8879901B) 
 
Packet-Based Data Compression Method 
  Canada    2065578    04/08/92    2065578    02/23/99
6 (formerly
8879902B) 
 
Method and Apparatus for Performing Simultaneous Data Compression and Encryption 
  US    08/865766    05/30/97    6122379    09/09/2000
7 (formerly
8879903B) 
 
Method and Apparatus for Performing Data Compression 
  US    609129    02/29/96    5867114    02/02/99
47   
Wireless Zone Management 
  Canada    2043127    05/23/91    2043127    05/07/96
47   
Wireless Zone Management 
  Italy    MI92A001048    04/30/92    1255119    10/20/95
47   
Wireless Zone Management 
  Mexico    922398    05/21/92    175334    07/21/94
47   
Wireless Zone Management 
  UK    9211039    05/22/92    2257321    05/22/92
47   
Wireless Zone Management 
  US    238632    05/05/94    5586167    12/17/96
47   
Wireless Zone Management 
  US    875981    04/29/92    5329576    07/12/94
55 (formerly
111172) 
 
PABX Common Relay System 
  Canada    2052500    09/30/91    2052500    09/19/95
55 (formerly
111172) 
 
PABX Common Relay System 
  Canada    2141772    09/30/91    2141772    04/21/98
55 (formerly
111172) 
 
PABX Common Relay System 
  Germany    P4232667.2    09/29/92    P4232667.2    09/29/92
55 (formerly
111172) 
 
PABX Common Relay System 
  UK    9220539.2    09/29/92    2260064    09/29/92
55 (formerly
111172) 
 
PABX Common Relay System 
  UK    9514139.6    09/29/92    2289601    09/29/92
55 (formerly
111172) 
 
PABX Common Relay System 
  UK    9514140.4    09/29/92    2289391    09/29/92
55 (formerly
111172) 
 
PABX Common Relay System 
  US    950231    09/24/92    5274634    12/28/93
63   
Charger/Detector for Cordless Telephone 
  Canada    2108225    10/12/93    2108225    07/22/97
63   
Charger/Detector for Cordless Telephone 
  UK    9420589.5    10/12/94    2283389    08/12/98
63   
Charger/Detector for Cordless Telephone 
  US    321239    10/11/94    5596633    01/21/97
66 (formerly
111177) 
 
Host Remote Signalling in Telephone Systems 
  Canada    2052499    09/30/91    2052499    11/29/94
66 (formerly
111177) 
 
Host Remote Signalling in Telephone Systems 
  US    878526    05/05/92    5249222    09/28/93
70   
Cell Relay Transport Mechanism 
  Canada    2,120,542    07/08/2003         
70   
Cell Relay Transport Mechanism 
  Europe        04/04/95    0754397    08/05/98
70   
Cell Relay Transport Mechanism 
  France    95914259.7    04/04/95    EP0754397B1    08/05/98
70   
Cell Relay Transport Mechanism 
  Germany    69503892.3-08    12/09/98    EP0754397B1    08/05/98
70   
Cell Relay Transport Mechanism 
  Japan    7525325    04/04/95    3379759    12/13/2002
70   
Cell Relay Transport Mechanism 
  UK    95914259.7    04/04/95    EP0754397B1    08/05/98
70   
Cell Relay Transport Mechanism 
  US    08/716319    04/04/1005    5970068    10/19/99
71 (formerly
111183) 
 
Cycling Error Count for Link Maintenance 
  US    460733    06/02/95    5680404    10/21/97
71 (formerly
111183) 
 
Cycling Error Count for Link Maintenance 
  US    870663    04/17/92         
77   
Regulated Auxillary Power Supply 
  Canada    2053382    10/11/91    2053382    04/12/2000
77   
Regulated Auxillary Power Supply 
  Europe    92921197.7    10/09/92    0607246    12/13/95
77   
Regulated Auxillary Power Supply 
  Mexico    9205877    10/13/92    178696    07/13/95
77   
Regulated Auxillary Power Supply 
  US    211618    10/09/92    5502634    03/26/96
78   
Off-Hook Telephone With Temporary Park Feature 
  Canada    2049583    08/21/91    2049583    04/18/2000
78   
Off-Hook Telephone With Temporary Park Feature 
  Europe    92917629.5    08/21/92    0599931    05/14/97
78   
Off-Hook Telephone With Temporary Park Feature 
  US    08/196,238    08/21/92    5440628    08/08/95
79   
Wireless Interface 
  Canada    2053776    10/22/91    2053776    05/23/2000
79   
Wireless Interface 
  Europe    92921893.1    10/22/91    0610287    01/29/97

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
79   
Wireless Interface 
  Germany    92921893.1    10/22/91    69217238.6    01/29/97
79   
Wireless Interface 
  Mexico    180750    10/21/92    180750    02/01/96
79   
Wireless Interface 
  US    08/702,801    08/26/96    5677942    10/14/97
81   
Mobile Wireless Communications System 
  Canada    2062040    02/28/92    2062040    01/16/2001
81   
Mobile Wireless Communications System 
  Mexico    182643    02/26/93    182643    08/13/96
81   
Mobile Wireless Communications System 
  UK    9303876.8    02/26/93    2264841    02/08/95
81   
Mobile Wireless Communications System 
  US    08/21862    02/24/93    5423065    06/06/95
88 (formerly
88B) 
 
Time Slot Assign for NX64 Switch System 
  Canada    2109007    10/22/93    2109007    05/04/99
88 (formerly
88B) 
 
Time Slot Assign for NX64 Switch System 
  UK    9429923.61    10/17/94    2283639    08/26/98
88 (formerly
88B) 
 
Time Slot Assign for NX64 Switch System 
  US    09/902089    07/10/2001    6775294    08/10/2004
88 (formerly
88B) 
 
Time Slot Assign for NX64 Switch System 
  US    851422    05/05/97    6259703    07/10/2001
89 (formerly
89B) 
 
Integrated Wired and Wireless Telecommunications System 
  Canada    2154335    07/20/95    2154335    04/23/2002
89 (formerly
89B) 
 
Integrated Wired and Wireless Telecommunications System 
  Germany    19526586.6    07/20/95         
89 (formerly
89B) 
 
Integrated Wired and Wireless Telecommunications System 
  UK    9514931.6    07/20/95    2291565    04/08/98
89 (formerly
89B) 
 
Integrated Wired and Wireless Telecommunications System 
  US    08/625302    04/01/96    5602843    02/11/97
93   
Method of Defining Operation of Switching System Peripherals 
  Canada    2065131    04/03/92    2065131    09/15/98
93   
Method of Defining Operation of Switching System Peripherals 
  US    41955    04/02/93    5386459    01/31/95
105   
Delayed Cancel Waiting 
  Canada    2085280    12/14/92    2085280    08/15/2000
105   
Delayed Cancel Waiting 
  UK    9324948.0    05/30/94    2273419    10/30/96
105   
Delayed Cancel Waiting 
  US    08163004    01/26/95    5425092    06/13/95
106   
Portable Telephone User Profiles 
  Canada    2081125    10/22/92    2081125    03/04/97
106   
Portable Telephone User Profiles 
  Germany    P4335803.9    10/20/93    P4335803.9    10/14/99
106   
Portable Telephone User Profiles 
  UK    9319628.5    09/23/93    2271912    02/05/97
106   
Portable Telephone User Profiles 
  US    025869    03/03/93    5657377    08/12/97
107   
Global Management of Telephone Directory 
  Canada    2078045    09/11/92    2078045    11/16/99
107   
Global Management of Telephone Directory 
  Germany    P4330986.0    09/13/93    P4330986    08/06/98
107   
Global Management of Telephone Directory 
  UK    9318795.3    09/10/93    2270608    09/25/96
107   
Global Management of Telephone Directory 
  US    119983    09/10/93    5509058    04/16/96
109   
Method of Operating a Computer Program 
  Canada    2080797    10/16/92    2080797    02/02/99
109   
Method of Operating a Computer Program 
  US    07962330    10/16/92    5,659,738    08/19/97
111   
Associated Equipment Numbers 
  Canada    2088420    01/29/93    2088420    10/08/96
111   
Associated Equipment Numbers 
  Germany    P4325773.9    07/31/93    P4325773.9    07/31/93
111   
Associated Equipment Numbers 
  UK    9316752.6    08/12/93    2274758    03/12/97
111   
Associated Equipment Numbers 
  US    58937    05/07/93    5454032    09/26/95
113   
Unique Ringing on Prime Line 
  Canada    2091278    08/09/93    2091278    12/10/96
113   
Unique Ringing on Prime Line 
  Germany    P4407671.1    03/09/94    44 07 671    09/23/2004
113   
Unique Ringing on Prime Line 
  UK    9404444.3    03/08/94    2276062    11/13/96
113   
Unique Ringing on Prime Line 
  US    207958    03/08/94    5491746    02/13/96
114   
Wired Wireless 
  Canada    2100699    07/16/93    2100699    07/08/97
114   
Wired Wireless 
  Germany    4424896.2    07/15/94    4424896     
114   
Wired Wireless 
  UK    9413303.0    01/07/94    2280334    01/25/95
114   
Wired Wireless 
  US    636777    04/19/96    5703942    12/30/97
118   
Multiple Queue Resource Management 
  Canada    2094210    04/16/93    2094210    07/08/97
118   
Multiple Queue Resource Management 
  US    08225655    04/11/94    5515428    05/07/96

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
119   
Signalling System 
  Canada    2110643    12/03/93    2110643    07/08/97
119   
Signalling System 
  Germany    4440545.6    11/12/94    4440545    07/03/97
119   
Signalling System 
  UK    9423016.6    11/15/94    2284518    03/18/98
119   
Signalling System 
  US    330450    10/28/94    5539816    07/23/96
122   
Method and Apparatus for Implementing Hunt Groups 
  Canada    2108224    10/12/93    2108224    09/09/97
122   
Method and Apparatus for Implementing Hunt Groups 
  Germany    P4430344.0    06/07/94    P4430344.0-31    12/13/2001
122   
Method and Apparatus for Implementing Hunt Groups 
  UK    9429588.7    06/07/94    2282937    05/13/98
123   
Hunting Mode 
  Canada    2108223    10/12/93    2108223    12/23/97
123   
Hunting Mode 
  UK    9420594.5    10/12/94    2282938B    09/30/98
125   
Automatic Telephone Feature Selector 
  Canada    2110669    12/03/93    2110669    05/23/2000
125   
Automatic Telephone Feature Selector 
  Germany    4442822.7    02/07/95         
125   
Automatic Telephone Feature Selector 
  US    352,747    12/02/94    5541983    07/30/96
126   
Method of Providing a Centrex Type Operation Using a PBX and a Central Switching Office 
  US    08833426    04/07/97    5949873    09/07/99
127   
Delayed Seizure on Associated Devices 
  Canada    2132610    09/21/94    2132610    04/28/98
127   
Delayed Seizure on Associated Devices 
  UK    9518147.5    09/06/95    2293521    10/07/98
127   
Delayed Seizure on Associated Devices 
  US    520590    10/14/94    5586169    12/17/96
131 (formerly
131B) 
 
Low Frequency Discriminator Circuit 
  Canada    2123847    05/18/94    2123847    11/11/97
131 (formerly
131B) 
 
Low Frequency Discriminator Circuit 
  Germany    P19508149.8    03/08/95    19508149    06/13/2002
131 (formerly
131B) 
 
Low Frequency Discriminator Circuit 
  UK    9502920.3    02/15/95    2287594    05/06/98
131 (formerly
131B) 
 
Low Frequency Discriminator Circuit 
  US    5546025    03/11/94    5546025    08/13/96
132   
An Adaptive Method for Allocating Calls 
  Canada    2123068    05/06/94    2123068    04/14/98
132   
An Adaptive Method for Allocating Calls 
  Germany    P19516364.8    05/04/95    P19516364.8    10/04/2001
132   
An Adaptive Method for Allocating Calls 
  UK    9509193.0    05/05/95    2289599    02/24/99
132   
An Adaptive Method for Allocating Calls 
  US    08426960    04/24/95    5675636    10/07/97
134   
Local Area Communications Server System 
  Canada    2148970    09/21/94    2148970    11/09/99
134   
Local Area Communications Server System 
  Germany    P19542122.1        P19542122.1    08/04/2004
134   
Local Area Communications Server System 
  UK    9523052.0    11/10/95    2295068    11/11/98
134   
Local Area Communications Server System 
  US    08339463    11/14/94    5657446    08/12/97
136   
ACTIVE DIGIT CANCELLING PARALLEL DIALER 
  Canada    2164035    11/29/95    2164035    04/11/2000
136   
ACTIVE DIGIT CANCELLING PARALLEL DIALER 
  UK    9526687.0    12/29/95    2296624    04/21/99
136   
ACTIVE DIGIT CANCELLING PARALLEL DIALER 
  US    08366668    12/30/94    5706341    01/06/98
139   
Enterprise Communication System 
  Canada    2119085    03/15/94    2119085    01/15/2002
   
 
              divisional    
139   
Enterprise Communication System 
  Germany    195 49 809.7    03/13/95    applications     
   
 
              divisional    
139   
Enterprise Communication System 
  Germany    195 49 810.0    03/13/95    applications     
139   
Enterprise Communication System 
  Germany    P19508940.5    03/13/95    195 08 940    03/09/2006
139   
Enterprise Communication System 
  UK    9505127.2    03/14/95    2289598    12/23/98
139   
Enterprise Communication System 
  US    257917    06/10/94    5638494    06/10/97
139   
Enterprise Communication System 
  US        01/03/95    5,802,396    09/01/98
143   
Help Desk Improvement 
  Canada    2119086    03/15/94    2119,086    06/16/98
143   
Help Desk Improvement 
  UK    9501468.4    01/25/95    2287609    10/21/98
143   
Help Desk Improvement 
  US    369179    01/05/95    5625682    04/29/97
160   
Service Context Sensitive Features & Applications 
  Canada    2178153    06/04/96    2178153    11/09/99
160   
Service Context Sensitive Features & Applications 
  Germany    19622347.4    06/04/96    19622347    08/07/2004
160   
Service Context Sensitive Features & Applications 
  UK    9611596.9    06/04/96    2301983    08/25/99
160   
Service Context Sensitive Features & Applications 
  US    08461451    06/05/95    5761288    06/02/98

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
161   
Transfer of Basic Knowledge to Agents 
  Canada    2224466    12/11/97    2224466    12/23/2003
161   
Transfer of Basic Knowledge to Agents 
  UK    9726965.8    12/19/97    2322719    02/17/99
161   
Transfer of Basic Knowledge to Agents 
  US    09/973,756    10/11/2001    6795969    09/21/2004
162   
Dynamic Load Sharing 
  Canada    2323331        2323331    05/28/2002
162   
Dynamic Load Sharing 
  UK    9721574.3    10/10/97    2327174    06/23/99
162   
Dynamic Load Sharing 
  US    08/888,618    07/07/97    5,987,117    11/16/99
163   
Method and Apparatus for Managing Calls Using a Soft Call Park 
  Canada    2176976    05/21/96    2176976    12/14/99
163   
Method and Apparatus for Managing Calls Using a Soft Call Park 
  Germany    19622969.3    06/07/96    196 22 969    05/18/2006
163   
Method and Apparatus for Managing Calls Using a Soft Call Park 
  UK    9610790.9    05/23/96    2301981    01/26/2000
163   
Method and Apparatus for Managing Calls Using a Soft Call Park 
  US    08474369    06/01/95    5,754,627    05/19/98
164   
Communication System Using Server 
  Canada    2164550    12/06/95    2164550    07/27/99
164   
Communication System Using Server 
  Germany    P19548456.8    12/22/95         
164   
Communication System Using Server 
  UK    9526453.7    12/22/95    2296622    10/27/99
164   
Communication System Using Server 
  US    08/364,620    12/27/94    5631954    05/20/97
165   
Human Machine Interface For Telephone Feature Invocation 
  Canada    2163948    11/28/95    2163948    09/07/99
165   
Human Machine Interface For Telephone Feature Invocation 
  Germany    P19543870.1    11/24/95    195 43 870    07/29/2004
165   
Human Machine Interface For Telephone Feature Invocation 
  UK    9524217.8    12/29/95    2295747    09/01/99
165   
Human Machine Interface For Telephone Feature Invocation 
  US    08346600    11/29/94    5533110    07/02/96
168 (formerly  
 
                   
168B)   
Reset Circuit with Variable Delay 
  Canada    2164036    11/29/95    2164036    05/12/98
170   
Multi-threading in a Multi-agent System 
  US    08367821    01/03/95    5802396    09/01/98
171   
Silent Monitoring Agent ID’s 
  Canada    2208629    06/23/97    2208629    08/15/2000
171   
Silent Monitoring Agent ID’s 
  Germany    P19726292.9    06/20/97    19726292    02/16/2006
171   
Silent Monitoring Agent ID’s 
  UK    9713756.6    06/27/97    2314728    04/05/2000
171   
Silent Monitoring Agent ID’s 
  US    08671937    06/28/96    5764728    06/09/98
172   
Application Call Routing 
  Canada    2239038    06/06/97    2239038    08/22/2006
172   
Application Call Routing 
  UK    9811268.3    05/26/98    2326057    05/19/99
177 (formerly  
 
                   
177B)   
Creating Multi-Port RAM with TDM 
  Canada    2199571    03/10/97    2199571    08/08/2000
177 (formerly  
 
                   
177B)   
Creating Multi-Port RAM with TDM 
  UK    9703849    02/25/97    2311153    11/22/2000
177 (formerly  
 
                   
177B)   
Creating Multi-Port RAM with TDM 
  US    08613519    03/11/96    5822776    10/13/98
180   
Org Chart Based Call Routing 
  Canada    2199573    03/10/97    2199573    06/01/2004
180   
Org Chart Based Call Routing 
  Germany    19709214.4    05/21/2001    19709214    12/06/2001
180   
Org Chart Based Call Routing 
  UK    9703556.2    02/20/97    2311188    02/16/2000
180   
Org Chart Based Call Routing 
  US    08613522    03/11/96    6,075,851    06/13/2000
182   
Common ARS Leading Digit Strings 
  Canada    2144270    03/09/95    2144270    08/03/2004
182   
Common ARS Leading Digit Strings 
  Germany    19608114.9    03/09/95    196 08 114    06/23/2005
182   
Common ARS Leading Digit Strings 
  UK    9604701.4    03/05/96    2298762    04/14/99
182   
Common ARS Leading Digit Strings 
  US    08612432    03/07/96    6,301,353    10/09/2001
182   
Common ARS Leading Digit Strings 
  US    09/630188    08/01/2000         
192   
Voice Custom Control of Activities 
  UK    9726966.6    12/19/97    2322517    02/10/97
193   
Architecture for Robust Voice CTI 
  Canada    21584    09/15/95    2,158,408    12/08/98
 
 
              19636819.7-    
193   
Architecture for Robust Voice CTI 
  Germany    P19636819    09/11/96    31    03/19/2001
193   
Architecture for Robust Voice CTI 
  UK    9617532.8    08/21/96    2305331    08/04/99
193   
Architecture for Robust Voice CTI 
  US    529441    09/18/95    6,091,803    07/18/2000
195   
PC Speedcall 
  Canada    216508    10/26/95    2161508    01/11/2000
195   
PC Speedcall 
  UK    9622280.7    10/25/96    2306871    11/03/99
196   
Transparent Call Indication 
  Canada    2161506    10/26/95    2161506    01/25/2000

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
196   
Transparent Call Indication 
  Germany    P19644210    10/24/96    P19644210    09/13/2001
196   
Transparent Call Indication 
  UK    9622024.9    10/24/96    2306853    09/22/99
200   
Series Equipment With DC Line Hold Transfer 
  Canada    2232221    03/16/98    2232221    09/05/2000
200   
Series Equipment With DC Line Hold Transfer 
  France    9804470        9804470    08/28/2004
200   
Series Equipment With DC Line Hold Transfer 
  UK    9806193.0    03/23/98    2324439    03/10/99
200   
Series Equipment With DC Line Hold Transfer 
  US    08/843,250    04/14/97    5,940,500    08/17/99
210   
Quotation Mechanism for Service Environments 
  Canada    2307683    05/05/2000         
210   
Quotation Mechanism for Service Environments 
  UK    0010987.6    05/05/2000         
210   
Quotation Mechanism for Service Environments 
  UK    9910210.5    05/05/99    2349715    10/01/2003
210   
Quotation Mechanism for Service Environments 
  US    09/566049    05/05/2000         
214   
Interconnect Design for use Between Flexible Circuits and Teledapt Cables 
  Canada    2182438    07/13/96    2182438    05/29/2001
214   
Interconnect Design for use Between Flexible Circuits and Teledapt Cables 
  UK    9716058.4    07/31/97    2315930    01/03/2001
214   
Interconnect Design for use Between Flexible Circuits and Teledapt Cables 
  US    08/902833    07/30/97    5967854    10/19/99
227   
Opportunistic Call Forwarding 
  Canada    2180684    07/08/96    2,180,684    08/21/2001
227   
Opportunistic Call Forwarding 
  UK    9714255.8    07/08/97    2315191    08/30/2000
227   
Opportunistic Call Forwarding 
  US    08/886,059    06/30/97    6,130,938    10/10/2000
234   
Sustained Call Announce 
  UK    9727407.0    12/29/97    2332810    05/24/2000
236   
Automatic Speed Call Updating 
  Canada    2180690    07/08/96    2,180,690    10/30/2001
236   
Automatic Speed Call Updating 
  UK    9714057.8    07/04/97    2315189    04/26/2000
236   
Automatic Speed Call Updating 
  US    08/885,033    06/30/97    6047062    04/04/2000
240   
Simulating Touch Screen Capability Using Video Input 
  UK    9715615.2    07/25/97    2,315,859    10/18/2000
250   
Animated Cursor 
  Canada    2217081    12/09/97    2,217,081    10/14/2003
250   
Animated Cursor 
  UK    9802075.3    01/30/98    2323259    01/06/99
250   
Animated Cursor 
  US    08/815858    03/12/97    5898432    04/27/99
258   
Dynamic Communication Groups 
  Canada    2243781    07/21/98    2243781    08/01/2006
258   
Dynamic Communication Groups 
  Germany    19838055.0    08/21/98    198 38 055    09/15/2005
258   
Dynamic Communication Groups 
  UK    9718020.2    08/26/97    2328831    05/15/2002
258   
Dynamic Communication Groups 
  US    09/137630    08/21/98    6816589    11/09/2004
261   
Integrated PC/Cordless Phone/Telephone Network Interface Device 
  Canada    2180991    07/11/96    2,180,991    08/21/2001
261   
Integrated PC/Cordless Phone/Telephone Network Interface Device 
  UK    9714614.6    07/11/97    2315192    04/26/2000
261   
Integrated PC/Cordless Phone/Telephone Network Interface Device 
  US    08/890801    07/11/97    6006088    12/21/99
267   
Remote Line Monitoring 
  UK    9802794.9    04/22/97    2324677    05/08/2002
270   
Spatial Audio for Virtual Meeting Places 
  Canada    2304900    04/07/2000    2304900    05/30/2006
270   
Spatial Audio for Virtual Meeting Places 
  UK    9908576.3    04/16/99    2349055    03/24/2004
270   
Spatial Audio for Virtual Meeting Places 
  US    09/547368    04/11/2000         
272   
Agent-Based Data Mining End Warehousing 
  Canada    2260647    02/02/99    2260647    11/05/2002
272   
Agent-Based Data Mining End Warehousing 
  UK    9806879.4    04/01/98    2336007    01/29/2003
272   
Agent-Based Data Mining End Warehousing 
  US    09/241,304    02/01/99    6,460,037    10/01/2002
274   
Call Routing Based on Caller’s Mood 
  Canada    2252788    11/04/98    2252788    01/11/2005
274   
Call Routing Based on Caller’s Mood 
  Germany    19852002.6    11/05/98    198 52 002    04/29/2004
274   
Call Routing Based on Caller’s Mood 
  UK    9824148.2    11/04/98    2,331,201    03/13/2002
274   
Call Routing Based on Caller’s Mood 
  US    09/188312    11/10/98    6,411,687    06/25/2002
281   
Merged Telephone and Data System 
  Canada    2,173,027    03/29/96    2,173,027    01/07/2003
281   
Merged Telephone and Data System 
  Germany    1971306.5    03/27/97    19713036.4    11/11/2006
281   
Merged Telephone and Data System 
  UK    9706390.3    03/27/97    2311690    06/28/2000
281   
Merged Telephone and Data System 
  US    08/827,161    04/02/97    5982767    11/09/99
282   
Multiple Owner Resource Management 
  Canada    2,181,009    07/11/96    2181009    09/07/99
282   
Multiple Owner Resource Management 
  UK    9714687.2    07/11/97    2,315,384    01/17/2001
282   
Multiple Owner Resource Management 
  US    08743346    11/04/96    5920622    07/06/99

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
283   
Communications System and Method 
  Canada    2270820    05/03/99    2270820    07/20/2004
   
              199 20    
283   
Communications System and Method 
  Germany    19920692.9    05/05/99    692    03/15/2007
283   
Communications System and Method 
  UK    0319237.4    08/15/2003    2389994    02/11/2004
283   
Communications System and Method 
  UK    9809601.9    05/05/98    2337176    12/24/2003
283   
Communications System and Method 
  US    09305873    05/05/99    6675194    01/06/2004
284   
Simple Interconnect for Flexible Circuits 
  Canada    2182237    07/29/96    2,182,237    04/02/2002
284   
Simple Interconnect for Flexible Circuits 
  UK    9715616.0    07/25/97    2315927    02/14/2001
284   
Simple Interconnect for Flexible Circuits 
  US    08/899047    07/23/97    5980269    11/09/99
290   
Web Based Help Desk, Auto Attendant 
  Canada    2246130    08/31/98    2246130    01/14/2003
290   
Web Based Help Desk, Auto Attendant 
  UK    9718823.9    09/04/97    2329046    12/18/2002
290   
Web Based Help Desk, Auto Attendant 
  US    09/145,919    09/03/97    6230287    05/08/2001
291   
One Button Intelligent CTI Dialing 
  Canada    2230692    03/02/98    2230692    04/24/2001
291   
One Button Intelligent CTI Dialing 
  UK    9804645.1    04/03/98    2323499    04/14/99
291   
One Button Intelligent CTI Dialing 
  US    08815564    03/03/97    5903631    05/11/99
292   
Automatic Web Page Creation 
  Canada    2231980    03/11/98    2231980    06/12/2001
292   
Automatic Web Page Creation 
  UK    9805270.7    03/13/98    2324896    02/23/2000
292   
Automatic Web Page Creation 
  US    08816270    03/13/97    5940834    08/17/99
296   
Off-Hook Detector for Headset 
  Canada    2215535    09/15/97    2215535    06/13/2000
296   
Off-Hook Detector for Headset 
  UK    9719901.2    09/18/97    2317783    08/02/2000
296   
Off-Hook Detector for Headset 
  US    08/839091    09/20/96    5832075    11/03/98
298   
System for Interactive Control of Computer and Telephone 
  Canada    2186928    10/01/96    2186928    06/12/2001
298   
System for Interactive Control of Computer and Telephone 
  UK    9720653.6    09/29/97    2318703    09/15/99
298   
System for Interactive Control of Computer and Telephone 
  US    08/940246    09/30/97    6018571    01/25/2000
301   
Item Selection in a Telephony Interface 
  Canada    2268996    04/13/99    2268996    12/24/2002
301   
Item Selection in a Telephony Interface 
  UK    9808178.9    04/17/98    2336503    07/23/2003
301   
Item Selection in a Telephony Interface 
  US    09/294175    04/19/99    6,628,758    09/30/2003
302   
Database Access Server for PBX 
  Canada    2197517    02/13/97    2,197,517    01/15/2002
302   
Database Access Server for PBX 
  Germany    19805891.8    02/13/98         
302   
Database Access Server for PBX 
  Ireland    980103    02/12/97         
302   
Database Access Server for PBX 
  UK    9802888.9    02/12/98    2,323,249    03/06/2002
302   
Database Access Server for PBX 
  US    09/023610    02/13/98    6,246,678    06/12/2001
310   
Dialable Screening Profile 
  Canada    2,243,331    07/14/98    2,243,331    08/14/2001
310   
Dialable Screening Profile 
  Germany    19832433.2    07/18/98         
310   
Dialable Screening Profile 
  UK    9716393.5    08/01/97    2,328,110    12/12/2001
310   
Dialable Screening Profile 
  US    09/121354    07/23/98    6,363,140    03/26/2002
319   
E-mail with Embedded Java Application 
  Canada    2262869    02/10/99    2262869    01/28/2003
319   
E-mail with Embedded Java Application 
  UK    9806445.4    03/25/98    2,333,824    03/05/2003
319   
E-mail with Embedded Java Application 
  US    09/274120    03/23/99    6,526,042    02/25/2003
321   
Call Hold Improvement 
  Canada    2264230    03/03/99    2264230    10/15/2002
321   
Call Hold Improvement 
  UK    9811967.0    06/03/98    2338146    10/01/2003
321   
Call Hold Improvement 
  US    09/311779    05/13/99    6,415,020    07/02/2002
322   
Integrated Directory Services 
  Canada    2217923    10/15/97    2217923    01/15/2002
322   
Integrated Directory Services 
  UK    9722325.9    10/22/97    2330224    06/12/2002
322   
Integrated Directory Services 
  US    09/169644    10/09/98    6377950    04/23/2002
323   
Bidirectional Conversion Library 
  Canada    2247680    09/17/98         
323   
Bidirectional Conversion Library 
  UK    9721353.2    10/08/97    2330222    03/05/2003
323   
Bidirectional Conversion Library 
  US    09/159161    09/23/98    6,314,429    11/06/2001
325   
Smart transfer for answering positions 
  Canada    2272738    05/25/99    2272738    06/08/2002
325   
Smart transfer for answering positions 
  UK    9811293.1    05/26/98    2337892    08/27/2003
325   
Smart transfer for answering positions 
  US    09/320108    05/26/99    6795542    09/21/2004
330   
3D View of Incoming Communications 
  Canada    2271460    05/12/99         
330   
3D View of Incoming Communications 
  UK    9810422.7    05/14/98    2337435    10/07/2002
330   
3D View of Incoming Communications 
  US    09/311188    05/14/99    7072450    07/04/2006
331   
PC Server Telecommunications Power 
  Canada    2253105    11/06/98    2253105    05/07/2002
331   
PC Server Telecommunications Power 
  UK    9723909.9    11/12/97    2331655    03/20/2002

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
331   
PC Server Telecommunications Power 
  US    09/189694    11/12/98    6,434,236    08/13/2002
333   
Method of Operating a Modem in the Presence of Interrupted Dial Tone 
  Canada    2220829    11/11/97    2220829    01/02/2001
333   
Method of Operating a Modem in the Presence of Interrupted Dial Tone 
  US    08/970152    11/13/97    5974084    10/26/99
336   
Distributed Technique for Allocating Calls 
  Canada    2291534    12/03/99    2291534    05/24/2005
336   
Distributed Technique for Allocating Calls 
  UK    9827158.8    12/09/98    2344719    10/15/2003
336   
Distributed Technique for Allocating Calls 
  US    09/455658    12/07/99    6,646,990    11/11/2003
341   
Remote Peripheral Switch Backup Call Service Mechanism 
  Canada    2289156    11/05/99    2289156    06/17/2003
341   
Remote Peripheral Switch Backup Call Service Mechanism 
  UK    9825286.9    11/18/98    2344018    06/25/2003
341   
Remote Peripheral Switch Backup Call Service Mechanism 
  US    09/435581    11/08/99    6,504,922    01/07/2003
345   
Adaptive Rule-based Mechanism for Feature Interaction Resolution 
  Canada    2299639    02/28/2000    2299639    11/01/2005
345   
Adaptive Rule-based Mechanism for Feature Interaction Resolution 
  Germany    10010870.9    03/06/2000         
345   
Adaptive Rule-based Mechanism for Feature Interaction Resolution 
  UK    9905156.7    03/05/99    2347579    12/24/2003
345   
Adaptive Rule-based Mechanism for Feature Interaction Resolution 
  UK    9919941.6    03/07/2001    2,353,916     
345   
Adaptive Rule-based Mechanism for Feature Interaction Resolution 
  US    09/518555    02/28/2000    6639980    10/28/2003
347   
Telephone Sets 
  Canada    1998-0143    01/23/98    86864    05/28/99
347   
Telephone Sets 
  Canada    1998-2908    01/23/98    86862    05/28/99
347   
Telephone Sets 
  Canada    1998-2909    01/23/98    86863    05/28/99
347   
Telephone Sets 
  UK    9803352.5    01/23/98    2080316    04/06/99
347   
Telephone Sets 
  UK        01/23/98    2080317    04/06/99
347   
Telephone Sets 
  UK                 
347   
Telephone Sets 
  US    29/090649    07/13/98    423497    04/25/2000
347   
Telephone Sets 
  US    29/104935    07/13/99    421264    02/29/2000
349   
Palm PC Dockable Phone 
  Canada    2298145    02/09/2000    2298145    07/15/2003
349   
Palm PC Dockable Phone 
  UK    9903042.1    02/11/99    2346761    12/10/2003
349   
Palm PC Dockable Phone 
  US    09/502085    02/10/2000    6,647,103    11/11/2003
350   
Method of Compressing and Decompressing Audio Data Using Masking and Shifting of Audio Sample Bits 
  Canada    2275821    06/15/99    2275821    10/19/2004
350   
Method of Compressing and Decompressing Audio Data Using Masking and Shifting of Audio Sample Bits 
  US    09/336,362    06/18/99    6,408,275    06/18/2002
353   
Low Power Dialer 
  Canada    2270039    04/27/99    2270039    04/22/2003
353   
Low Power Dialer 
  UK    9910208.9    05/05/99    2337408    04/12/2000
353   
Low Power Dialer 
  UK    9924907.0    10/22/99    2340342    04/12/2000
353   
Low Power Dialer 
  US    09/079280    05/15/98    6,185,297    02/06/2001
355   
MLTS Emergency Call Processing 
  Canada    2306638    04/25/2000    2306638    01/02/2007
355   
MLTS Emergency Call Processing 
  UK    9917644.8    07/27/99    2349774    01/07/2004
355   
MLTS Emergency Call Processing 
  US    09/304544    05/04/99    6711247    03/23/2004
356   
Voice Mail By Twinning 
  Canada    2316128    08/17/2000    2316128    10/24/2006
356   
Voice Mail By Twinning 
  UK    0020702.7    08/22/2000    2356317    10/31/2001
356   
Voice Mail By Twinning 
  US    09/642560    08/21/2000    6834106    12/21/2005
357   
Method and Apparatus for Migrating Embedded PBX System to Personal Computer 
  Canada    2236525    05/01/98    2236525    07/15/2003
357   
Method and Apparatus for Migrating Embedded PBX System to Personal Computer 
  Germany    19919976    04/30/99    199 19 976    08/10/2006
357   
Method and Apparatus for Migrating Embedded PBX System to Personal Computer 
  UK    9826478.1    12/03/98    2336969    07/02/2003
357   
Method and Apparatus for Migrating Embedded PBX System to Personal Computer 
  US    09/302881    04/30/99    6,366,656    04/02/2001
359   
Range Editing Dialog 
  Canada    2330260    01/05/2001    2330260    03/20/2007

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
359   
Range Editing Dialog 
  UK    0000207.1    01/07/2000    2358072    01/24/2004
359   
Range Editing Dialog 
  US    09/755558    01/05/2001    6625499    09/23/2003
361   
Combination Connector/Microphone 
  Canada    2293937    01/05/2000    2293937    05/13/2003
361   
Combination Connector/Microphone 
  UK    9900633.0    01/12/99    2345816    11/06/2002
361   
Combination Connector/Microphone 
  US    09/478646    01/06/2000    6,411,711    06/25/2002
367   
A caching mechanism to optimize the bidding process used to select resources 
  Canada    2331977    01/25/2001    2331977    02/07/2006
367   
A caching mechanism to optimize the bidding process used to select resources 
  UK    001695.6    01/25/2000    2,358,762    09/03/2003
367   
A caching mechanism to optimize the bidding process used to select resources 
  US    09/768129    01/23/2001         
370   
User Interface for Feature Interaction Resolution 
  Canada        02/28/2000         
370   
User Interface for Feature Interaction Resolution 
  Germany                 
370   
User Interface for Feature Interaction Resolution 
  UK    9919941.6    08/23/99    2,353,916    12/24/2003
370   
User Interface for Feature Interaction Resolution 
  US        02/28/2000         
372   
Adaptive Feature Behavior 
  Canada    2306160    04/14/2000    2306160    02/06/2007
372   
Adaptive Feature Behavior 
  UK    9908523.5    04/14/99    2349040    09/03/2003
372   
Adaptive Feature Behavior 
  US    09/549013    04/14/2000    7046781    05/16/2006
373   
Using a Gatekeeper to Produce an H.323 PBX 
  Canada    2307476    05/03/2000    2307476    08/16/2005
373   
Using a Gatekeeper to Produce an H.323 PBX 
  UK    9910654.4    05/07/99    2349773    05/30/2001
373   
Using a Gatekeeper to Produce an H.323 PBX 
  US    09/564287    05/04/2000    6819665    11/16/2004
373   
Using a Gatekeeper to Produce an H.323 PBX 
  US    10/564287    07/19/2002         
376   
Line Appearance Security Interface for TAPI SP 
  Canada    2281374    09/02/99    2281374    11/16/2004
376   
Line Appearance Security Interface for TAPI SP 
  UK    9819142.2    09/02/98    2,341,291    07/23/2003
376   
Line Appearance Security Interface for TAPI SP 
  US    09/388712    09/02/99    6,618,476    09/09/2003
382   
Features Based On Network Congestion 
  Canada    2317146    08/29/2000         
382   
Features Based On Network Congestion 
  US    09/651842    08/31/2000    7062548    06/13/2006
383   
A Mechanism to Optimize a Distributed AARS Using RIP Caching 
  Canada    2334503    02/17/2001    2334503    07/12/2005
383   
A Mechanism to Optimize a Distributed AARS Using RIP Caching 
  UK    0003724.2    02/17/2000    2359446    02/11/2004
383   
A Mechanism to Optimize a Distributed AARS Using RIP Caching 
  US    09/784969    02/16/2001    6748065    06/08/2004
384   
SEDO — Semantic Errors Diagnostic Operation for Multi-agent System 
  Canada    2297622    02/02/2000    2297622    05/24/2005
384   
SEDO — Semantic Errors Diagnostic Operation for Multi-agent System 
  UK    9902540.5    02/04/99    2346461    06/18/2003
384   
SEDO — Semantic Errors Diagnostic Operation for Multi-agent System 
  US    09/497305    02/03/2000    6,550,024    04/15/2003
386   
Feature Provisioning by Injection 
  Canada    2334432    02/07/2001    2334432    05/11/2004
386   
Feature Provisioning by Injection 
  UK    0002743.3    02/07/2000    2358988    03/17/2004
386   
Feature Provisioning by Injection 
  US    09/779253    02/07/2001    6456707    09/24/2002
394   
Plastic Door 
  Canada    1998-2976    12/16/98    87696    09/30/99
394   
Plastic Door 
  UK    2084151    12/09/98    2084151    11/04/99
394   
Plastic Door 
  US    29/106430    06/16/99    DES.437312    02/06/2001
399   
QuickPick 
  Canada    2297373    01/21/2000         
399   
QuickPick 
  UK    9919245.2    08/13/99    2347581    12/24/2003
399   
QuickPick 
  US    09/259985    03/01/99    6839411    01/04/2005
400   
Dynamic Rules Based Resource Allocation 
  Canada    2295273    01/12/2000    2295273    07/22/2003
400   
Dynamic Rules Based Resource Allocation 
  UK    9919242.9    08/13/99    2347580    08/27/2003
400   
Dynamic Rules Based Resource Allocation 
  US    09/259986    03/01/99    6745221    06/01/2004
401   
On-demand buffering 
  Canada    2299162    02/23/2000    2299162    11/16/2004
401   
On-demand buffering 
  UK    9919241.1    08/13/99    2347326    04/14/2004
401   
On-demand buffering 
  US    09/258507    02/26/99    6,546,366    04/08/2003
402   
Automatic synchronization of address directories for unified messaging 
  Canada    2299387    02/23/2000    2299387    07/01/2003

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
402   
Automatic synchronization of address directories for unified messaging 
  UK    9919248.6    08/13/99    2347308    12/10/2003
402   
Automatic synchronization of address directories for unified messaging 
  US    09/259811    02/26/99    6,418,200    07/09/2002
403   
Automatic selection of user preferences based on CLI data 
  Canada    2295267    01/12/2000    2295267    07/22/2003
403   
Automatic selection of user preferences based on CLI data 
  UK    9919244.5    08/13/99    2347306    07/16/2003
403   
Automatic selection of user preferences based on CLI data 
  US    09/258717    02/26/99    6795536    09/21/2004
409   
Route Optimization Over Diverse Media 
  UK    0002500.7    02/04/2000    2361380    02/11/2004
410   
Onhook Telecom Power Supply Current Regulator Mode 
  Canada    2,279,072    07/29/99    2,279,072    08/12/2003
410   
Onhook Telecom Power Supply Current Regulator Mode 
  UK    99 18384.0    08/05/99    2347238    02/05/2003
410   
Onhook Telecom Power Supply Current Regulator Mode 
  US    09/255,461    02/22/99    6,137,276    10/24/2000
411   
Communications System Architecture for Voice Collaboration 
  Canada    2329017    12/18/2000    2329017    03/21/2006
411   
Communications System Architecture for Voice Collaboration 
  UK    0317654.2    12/23/99    2391134    05/12/2004
411   
Communications System Architecture for Voice Collaboration 
  UK    9930496.6    12/23/99    2,357,659    12/24/2003
411   
Communications System Architecture for Voice Collaboration 
  US    09/740221    12/19/2000         
415   
Handwriting Phone 
  Canada    2339038    02/28/2001         
415   
Handwriting Phone 
  UK    0007580.4    03/30/2000    2360903    09/08/2004
415   
Handwriting Phone 
  US    09/793985    02/28/2001    6,522,729    02/18/2003
417   
Using Line Appearance to Allow Multiple Devices to Appear Over a Single Line 
  Canada    2307742    05/02/2000    2307742    11/30/2004
417   
Using Line Appearance to Allow Multiple Devices to Appear Over a Single Line 
  UK    9910957.1    05/11/99    2,350,009    04/18/2001
417   
Using Line Appearance to Allow Multiple Devices to Appear Over a Single Line 
  US    09/563879    05/03/2000    6754201    06/22/2004
421   
Log In To A Live Appearance 
  Canada    2,343,981    04/17/2001         
421   
Log In To A Live Appearance 
  UK    0010267.3    04/28/2000    2361831    11/05/2003
421   
Log In To A Live Appearance 
  US    09/843409    04/26/2001    6801609    10/05/2004
423   
A method for the synchronization of analog call display data in distributed systems 
  Canada    2320554    09/25/2000    2320554    02/17/2004
423   
A method for the synchronization of analog call display data in distributed systems 
  UK    9922987.4    09/29/99    2355130    10/15/2003
423   
A method for the synchronization of analog call display data in distributed systems 
  US    09/671395    09/27/2000    6,597,767    07/22/2003
425   
Feature Interaction Resolution Using Policies event based model and Fuzzy Logic 
  Canada    2313497    07/10/2000         
425   
Feature Interaction Resolution Using Policies event based model and Fuzzy Logic 
  Germany                 
425   
Feature Interaction Resolution Using Policies event based model and Fuzzy Logic 
  UK    9916234.9    07/09/99    2,351,870    09/19/2001
425   
Feature Interaction Resolution Using Policies event based model and Fuzzy Logic 
  US    09/613537    07/10/2000    6915285    07/05/2005
425   
Feature Interaction Resolution Using Policies event based model and Fuzzy Logic 
  US    10/442571    05/21/2003    6,606,610    08/12/2003
425   
Feature Interaction Resolution Using Policies event based model and Fuzzy Logic 
  US    11/157573    06/21/2005         
428   
Method to Implement Digital Private Signalling System (DPNSS) 
  Canada    2308066    05/11/2000    2308066    02/08/2005
428   
Method to Implement Digital Private Signalling System (DPNSS) 
  UK    0011237.5    05/11/2000    2350014A    10/29/2003

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
428   
Method to Implement Digital Private Signalling System (DPNSS) 
  US    09/568703    05/11/2000    6735194    05/11/2004
429   
Branding dynamic link libraries 
  Canada    2297372    01/21/2000    2297372    04/05/2005
429   
Branding dynamic link libraries 
  US    09/260391    03/01/99    6,694,320    02/17/2004
430   
Voice multicast method 
  Canada    2307749    05/02/2000    2307749    07/05/2005
430   
Voice multicast method 
  UK    9910495.2    05/06/99    2349772    05/30/2001
430   
Voice multicast method 
  US    09/563552    05/03/2000    6,650,744    11/18/2003
433   
Complex acoustic path and gasket for use with microphones 
  Canada    2317507    09/07/2000         
433   
Complex acoustic path and gasket for use with microphones 
  UK    9921556.8    09/14/99    2354393    11/12/2003
433   
Complex acoustic path and gasket for use with microphones 
  US    09/660947    09/13/2000    6744900    06/01/2004
436   
Security Mechanisms and Architecture for Collaborative Software System using Tuple Spaces and Blackboard Systems 
  Canada    2321407    09/28/2000    2321407    05/17/2005
436   
Security Mechanisms and Architecture for Collaborative Software System using Tuple Spaces and Blackboard Systems 
  Germany                 
436   
Security Mechanisms and Architecture for Collaborative Software System using Tuple Spaces and Blackboard Systems 
  UK    9923544.2    10/05/99    2355140    09/03/2003
436   
Security Mechanisms and Architecture for Collaborative Software System using Tuple Spaces and Blackboard Systems 
  US    09/676838    09/29/2001    7055170    05/30/2006
437   
Policy representations and mechanisms for the control of software based communication and business systems 
  Canada    2319863    09/15/2000    2319863    07/18/2006
437   
Policy representations and mechanisms for the control of software based communication and business systems 
  Germany                 
437   
Policy representations and mechanisms for the control of software based communication and business systems 
  UK    9922096.4    09/17/99    2,354,350    03/12/2004
437   
Policy representations and mechanisms for the control of software based communication and business systems 
  US    09/663026    09/15/2000    6778641    08/17/2004
439   
Method of releasing teledapt cables from deeply recssed RJ connectors 
  Canada    2326060    11/15/2000    2326060    06/29/2004
439   
Method of releasing teledapt cables from deeply recssed RJ connectors 
  UK    9926945.8    11/16/99    2,356,495    07/30/2003
439   
Method of releasing teledapt cables from deeply recssed RJ connectors 
  US    09/713909    11/16/2000    7027596    04/11/2006
440   
Powering arrangement for an ethernet LAN connected telephone 
  Canada    2325767    10/11/2000    2325767    01/20/2004
440   
Powering arrangement for an ethernet LAN connected telephone 
  UK    9926913.6    11/12/99    2,356,326    12/24/2003
440   
Powering arrangement for an ethernet LAN connected telephone 
  US    09/710174    10/11/2000    6,480,122    11/12/2002
441   
Common data model including field interdependencies 
  Canada    2,324,543    10/26/2000         
441   
Common data model including field interdependencies 
  Europe    0003790-3    11/22/2000         
441   
Common data model including field interdependencies 
  France    0013721    10/26/2000    00 13721    11/04/2005
441   
Common data model including field interdependencies 
  Germany    10053028.1    10/26/2000         
441   
Common data model including field interdependencies 
  UK    9925175.3    10/26/99    2355818    03/03/2004
441   
Common data model including field interdependencies 
  US    09/695,214    10/25/2000    6,643,659    11/04/2003
444   
Efficient Controlled current sink for LED backlight panel 
  Canada    2324423    10/25/2000    2324423    03/15/2005
444   
Efficient Controlled current sink for LED backlight panel 
  UK    9925263.7    10/26/99    2,355,816    01/14/2004
444   
Efficient Controlled current sink for LED backlight panel 
  US    09/697538    10/26/2000    6,529,182    03/04/2003
446   
Best Effort Search Email Gateway 
  US    10/449950    05/30/2003         
448   
Ultra-sonic proximity sensor for telephony 
  Canada    2,356,603    09/04/2001    2356603    07/18/2006
448   
Ultra-sonic proximity sensor for telephony 
  UK    0021999.8    09/07/2000    2,366,932    08/25/2004
448   
Ultra-sonic proximity sensor for telephony 
  US    09/948217    09/06/2001    7010098    03/08/2006

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
449   
Use of handset microphone to enhance speakerphone loudspeaker performance 
  Canada    2,358,063    10/03/2001    2358063    07/18/2006
449   
Use of handset microphone to enhance speakerphone loudspeaker performance 
  Europe    0024350.1    10/05/2001         
449   
Use of handset microphone to enhance speakerphone loudspeaker performance 
  US    09/972063    10/07/2001    7031455    04/18/2006
458   
Resource Sharing Using Sliding Constraints 
  Canada    2,355,520    08/20/2001         
458   
Resource Sharing Using Sliding Constraints 
  UK    0021089.8    08/25/2000    2366401    06/01/2005
458   
Resource Sharing Using Sliding Constraints 
  US    09/933994    08/21/2001         
460   
Simple Supplementary Service Protocol (SSSP) 
  Canada    2331144    01/15/2001         
460   
Simple Supplementary Service Protocol (SSSP) 
  UK    0001035.5    01/17/2000    2,358,986    03/10/2004
460   
Simple Supplementary Service Protocol (SSSP) 
  UK    0400689.6    01/13/2004    2393878    06/02/2004
460D   
Simple Supplementary Service Protocol for H.323 Systems 
  UK    0400689.6    01/17/2000    2393878    06/02/2004
460   
Simple Supplementary Service Protocol (SSSP) 
  US    09/761136    01/16/2001    7155528    12/26/2006
460D   
Simple Supplementary Service Protocol for H.323 Systems 
  US    11/582268    10/17/2006         
461   
PDA Enabled Set 
  Canada    2,368,907    01/22/2002    2368907    07/05/2005
461   
PDA Enabled Set 
  Europe    02250330.4    01/17/2002         
461   
PDA Enabled Set 
  UK    0102139.3    01/27/2001         
461   
PDA Enabled Set 
  US    10/055150    01/23/2002    7085591    08/01/2006
462   
Combination Visible and Infrared Light Pipe 
  Canada    2,348,258    05/18/2001    2348258    07/12/2005
462   
Combination Visible and Infrared Light Pipe 
  UK    0011877.8    05/18/2000    2,362,526    04/14/2004
462   
Combination Visible and Infrared Light Pipe 
  US    09/861207    05/18/2001    6,641,309    11/04/2003
462   
Combination Visible and Infrared Light Pipe 
  US    10/619306    07/14/2003    6,746,162 B2    06/08/2004
463   
Efficient Battery Transfer Circuit 
  Canada    2350435    07/13/2001    2350435    09/28/2004
463   
Efficient Battery Transfer Circuit 
  UK    0015152.2    06/22/2000    2363919    07/14/2004
463   
Efficient Battery Transfer Circuit 
  US    09/881305    06/13/2001    6,642,632    11/04/2003
464   
Efficient dual-source wide-input isolated DC-DC converter with effective current limit 
  Canada    2339538    03/05/2001    2339538    02/01/2005
464   
Efficient dual-source wide-input isolated DC-DC converter with effective current limit 
  UK    0005375.1    03/06/2000    2360146    04/28/2004
464   
Efficient dual-source wide-input isolated DC-DC converter with effective current limit 
  US    09/800337    03/06/2001    6,424,545    07/23/2002
466   
Voice activated language translation 
  Canada    2419112    02/18/2003         
466   
Voice activated language translation 
  Europe    03250851.7    08/27/2003    1339206    01/03/2007
466   
Voice activated language translation 
  France    03250851.7    02/12/2003    1339206    01/03/2007
466   
Voice activated language translation 
  Germany    03250851.7    02/12/2003    1339206    01/03/2007
466   
Voice activated language translation 
  UK    03250851.7    02/12/2003    1339206    01/03/2007
466   
Voice activated language translation 
  US    10/370313    02/19/2003         
467   
Hardware Authentication Method 
  Canada    2341821    03/22/2001    2341821    06/22/2004
467   
Hardware Authentication Method 
  UK    0009618.0    04/18/2000    2,361,567    02/22/2004
467   
Hardware Authentication Method 
  US    09/826554    04/04/2001    6931533    08/16/2005
472   
Intermediate voice and DTMF detector device for improved speech recognition utilization and penetration 
  Canada    2398579    08/19/2002    2398579    11/15/2005
472   
Intermediate voice and DTMF detector device for improved speech recognition utilization and penetration 
  Europe    02255290.5    07/29/2002         
472   
Intermediate voice and DTMF detector device for improved speech recognition utilization and penetration 
  UK    0120672.1    08/24/2001         
472   
Intermediate voice and DTMF detector device for improved speech recognition utilization and penetration 
  US    10/224063    08/20/2002    6795533    09/21/2004
473   
Telephone independent provision of speech recognition during dial tone and subsequent call progress states 
  Canada    2,357,326    09/13/2001    2357326    11/16/2004
473   
Telephone independent provision of speech recognition during dial tone and subsequent call progress states 
  US    09/972795    09/13/2001    6778641    08/17/2004
474   
Enclosure foot arrangement that can be used to stack enclosures 
  US    09/808682    03/15/2001    6,540,091    04/01/2003

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
474   
Enclosure foot arrangement that can be used to stack enclosures 
  US    10/316110    12/11/2002    6695150    02/24/2004
477   
Execution sets for generated logs 
  Canada    2343705    04/10/2001    2343705    01/16/2007
477   
Execution sets for generated logs 
  Europe    01303374.1    04/10/2000    1146688    08/30/2006
477   
Execution sets for generated logs 
  France    01303374.1    04/10/2001    1146688    08/30/2006
477   
Execution sets for generated logs 
  Germany    01303374.1    04/10/2001    1146688    08/30/2006
477   
Execution sets for generated logs 
  UK    01303374.1    04/10/2001    1146688    08/30/2006
477   
Execution sets for generated logs 
  US    09/832373    04/11/2001         
478   
Tree hierarchy and description for generated logs 
  Canada    2343695    04/10/2001    2343695    01/24/2006
478   
Tree hierarchy and description for generated logs 
  Europe    01303443.4    04/12/2001         
478   
Tree hierarchy and description for generated logs 
  France    01303443.4    04/12/2001    1146689    10/19/2005
478   
Tree hierarchy and description for generated logs 
  Germany    01303443.4    04/12/2001    1146689    10/19/2005
478   
Tree hierarchy and description for generated logs 
  UK    01303443.4    04/12/2001    1146689    10/19/2005
478   
Tree hierarchy and description for generated logs 
  US    09/832734    04/11/2001    6816576    11/09/2004
479   
Dynamic Rule Sets for Generated Logs 
  Canada    2343692    04/10/2001         
479   
Dynamic Rule Sets for Generated Logs 
  Europe    01303459.0    04/12/2000    1146426    02/02/2005
479   
Dynamic Rule Sets for Generated Logs 
  US    09/832619    04/11/2001    7177896    02/13/2007
481   
Telephone line powered CO drop reconnect 
  UK    0102632.7    02/02/2001    2364473    12/10/2003
484   
Noise masking of microphone signals in wired telecommunications equipment and power loss disconnect 
  US    09/571,534    05/16/2000    7024175    04/05/2006
485   
Method of attaching moulded enclosures 
  Canada    2,353,117    07/16/2001    2353117    04/18/2006
485   
Method of attaching moulded enclosures 
  UK    0017730.3    07/19/2000    2365093    12/31/2003
485   
Method of attaching moulded enclosures 
  US    09/907847    07/18/2001    6746174    06/08/2004
486   
Voice Mail Number and E-Mail Extraction 
  Canada    2375410    03/08/2002    2375410    09/06/2005
486   
Voice Mail Number and E-Mail Extraction 
  UK    0106960.8    03/20/2001    2373670    09/21/2005
486   
Voice Mail Number and E-Mail Extraction 
  US    10/101083    03/18/2002    6785367    08/31/2004
487   
System and method for the management of computer software maintenance 
  Canada    2299850    03/01/2000    2299850    06/14/2005
489   
Minet IP Protocol Extensions, 
  Canada    2339320    03/02/2001    2339320    12/05/2006
489   
Minet IP Protocol Extensions, 
  US    09/800112    03/05/2001         
491   
A better presentation of a menu for an interactive voice response system 
  Canada    2400148    08/29/2002    2400148    01/09/2007
491   
A better presentation of a menu for an interactive voice response system 
  Europe    02255935.5    08/27/2002         
491   
A better presentation of a menu for an interactive voice response system 
  UK    0121150.7    08/31/2001         
491   
A better presentation of a menu for an interactive voice response system 
  US    10/231612    08/30/2002         
492   
Method of using speech recognition to initiate a WAP Session 
  Canada    2,351,899    06/29/2001    2351899    04/04/2006
492   
Method of using speech recognition to initiate a WAP Session 
  UK    0016144.8    06/30/2000    2,364,480    07/14/2004
492   
Method of using speech recognition to initiate a WAP Session 
  US    09/896146    06/29/2001    7103550    09/05/2006
493   
Formed Lens Tab for Designation Card Insert 
  Canada    2,354,203    07/26/2001    2354203    11/30/2004
493   
Formed Lens Tab for Designation Card Insert 
  UK    0018475.4    07/27/2000    2365481    03/17/2004
493   
Formed Lens Tab for Designation Card Insert 
  US    09/916165    07/26/2001    6,581,315    06/24/2003
494   
Superconsole-2000 
  Canada    2000-1675    06/29/2000    95828    10/21/2005
494   
Superconsole-2000 
  UK    2094102    07/06/2000    2094102    10/18/2000
494   
Superconsole-2000 
  US    29/125848    06/30/2000    D448746    10/02/2001
495   
Acoustic Talker Localization 
  Canada    2,352,017    06/28/2001         
495   
Acoustic Talker Localization 
  UK    0016142.2    06/30/2000    2364121    11/24/2004
495   
Acoustic Talker Localization 
  US    09/894539    06/28/2001         
499   
Method for handling far-end speech effects in hands-free telephony systems based on acoustic beamforming 
  Canada    2445180    10/03/2003    2445180    02/06/2007

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
499   
Method for handling far-end speech effects in hands-free telephony systems based on acoustic beamforming 
  Canada    2,358,044    10/03/2001    2358044    12/07/2004
499   
Method for handling far-end speech effects in hands-free telephony systems based on acoustic beamforming 
  Europe    01308551.9    10/05/2001         
499   
Method for handling far-end speech effects in hands-free telephony systems based on acoustic beamforming 
  UK    0024582.9    10/06/2000    2367730    04/27/2005
503   
Microphone Gasket with Integrated Acoustic Resistance 
  Canada    2,372,351    02/18/2002         
503   
Microphone Gasket with Integrated Acoustic Resistance 
  UK    0104084.9    02/20/2001    2372397    10/06/2004
503   
Microphone Gasket with Integrated Acoustic Resistance 
  US    10/078625    02/19/2002    6978033    12/20/2005
503   
Microphone Gasket with Integrated Acoustic Resistance 
  US    11/114795    04/26/2005    7035420    04/25/2006
504 (formerly
504B) 
 
Distributed Echo Cancelling 
  Canada    2430030    05/26/2003    2430030    02/06/2007
504 (formerly
504B) 
 
Distributed Echo Cancelling 
  Europe    03253161.8    05/21/2003    1367738    08/16/2006
504 (formerly
504B) 
 
Distributed Echo Cancelling 
  France    03253161.8    05/21/2003    1367738    08/16/2006
504 (formerly
504B) 
 
Distributed Echo Cancelling 
  Germany    03253161.8    05/21/2003    1367738    08/16/2006
504 (formerly
504B) 
 
Distributed Echo Cancelling 
  UK    0212591.2    05/31/2001    2389287    11/23/2005
504 (formerly
504B) 
 
Distributed Echo Cancelling 
  UK    03253161.8    05/21/2003    1367738    08/16/2006
504 (formerly
504B) 
 
Distributed Echo Cancelling 
  US    10/447857    05/29/2003    7085374    08/01/2006
504 (formerly
504B) 
 
Distributed Echo Cancelling 
  US    11/476926    06/28/2006         
507   
Automatic Location-Aware Feature Selection 
  Canada    2412238    11/20/2002    2412238    10/25/2005
507   
Automatic Location-Aware Feature Selection 
  Europe    02258274.6    11/29/2002         
507   
Automatic Location-Aware Feature Selection 
  UK    0128595.6    11/29/2001         
507   
Automatic Location-Aware Feature Selection 
  US    10/302119    10/22/2002    7058167    06/06/2006
509   
A Split Browser for Stimulus Phones 
  Canada    2,400,139    08/29/2002         
509   
A Split Browser for Stimulus Phones 
  Europe    02256054.6    08/30/2002         
509   
A Split Browser for Stimulus Phones 
  UK    0121160.6    08/31/2001         
509   
A Split Browser for Stimulus Phones 
  US    10/232146    08/30/2002    7106837    09/12/2006
510   
Method of Enabling a CPE to Test a Telephone Line and Report the Results of the Test 
  Canada                 
510   
Method of Enabling a CPE to Test a Telephone Line and Report the Results of the Test 
  UK                 
510   
Method of Enabling a CPE to Test a Telephone Line and Report the Results of the Test 
  US    09/938130    08/23/2001    6831965    12/14/2004
513   
Method and Apparatus for Establishing and maintining voice communications Among a Community of Interest 
  Canada    2145798    01/08/2003    2415798    01/09/2007
513   
Method and Apparatus for Establishing and maintining voice communications Among a Community of Interest 
  Europe    03250228.8    01/14/2003         
513   
Method and Apparatus for Establishing and maintining voice communications Among a Community of Interest 
  UK    0200746.6    01/14/2002         
513   
Method and Apparatus for Establishing and maintining voice communications Among a Community of Interest 
  US    10/339996    01/10/2003    7127047    10/24/2006
514   
Mouse Controller 
  Canada    2001-1383    06/01/2001    96902    03/22/2002
514   
Mouse Controller 
  Canada    2001-2932    12/05/2001    98144    02/17/2003
514   
Mouse Controller 
  France    016937    11/28/2001    659272-8    03/29/2002
514   
Mouse Controller 
  France    020491    01/25/2002    020491    06/07/2002
514   
Mouse Controller 
  UK    2106657    11/30/2001    2106657    07/18/2002

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
514   
Mouse Controller 
  UK    3000892    01/23/2002    3000892    07/09/2002
514   
Mouse Controller 
  US    29/150658    01/28/2002    D464052    10/08/2002
514   
Mouse Controller 
  US    29/154726    01/28/2002    D474169    05/06/2003
516   
Mobile Interactive Logs 
  Canada    2381536    05/21/2002         
516   
Mobile Interactive Logs 
  Europe    02252620.6    04/12/2002    1249967    10/25/2006
516   
Mobile Interactive Logs 
  France    02252620.6    04/12/2002    1249967    10/25/2006
516   
Mobile Interactive Logs 
  Germany    02252620.6    04/12/2002    1249967    10/25/2006
516   
Mobile Interactive Logs 
  UK    02252620.6    04/12/2002    1249967    10/25/2006
516   
Mobile Interactive Logs 
  US    10/121779    04/12/2002         
517   
Remote Assembly of Messages for Distributed Applications 
  Canada    2,384,066    04/30/2002         
517   
Remote Assembly of Messages for Distributed Applications 
  France    0205524    05/02/2002    0205524    05/27/2005
517   
Remote Assembly of Messages for Distributed Applications 
  Germany    10220556.6    05/02/2002         
517   
Remote Assembly of Messages for Distributed Applications 
  UK    0110713.5    05/02/2001    2375264    10/13/2004
518   
Master /Slave Frame Lock Method 
  Canada    2385182    05/07/2002    2385182    07/18/2006
518   
Master /Slave Frame Lock Method 
  Europe    02253259.2    05/09/2002    1257059    03/22/2006
518   
Master /Slave Frame Lock Method 
  France    02253259.2    05/09/2002    1257059    03/22/2006
518   
Master /Slave Frame Lock Method 
  Germany    02253259.2    05/09/2002    1257059    03/22/2006
518   
Master /Slave Frame Lock Method 
  UK    0111300.0    05/09/2001         
518   
Master /Slave Frame Lock Method 
  UK    02253259.2    05/09/2002    1257059    03/22/2006
518   
Master /Slave Frame Lock Method 
  US    10/142854    05/09/2002    7062005    06/13/2006
519   
Phantom-feed to Spare-Pair Conversion 
  Canada    2416852    01/21/2003    2416852    05/16/2006
519   
Phantom-feed to Spare-Pair Conversion 
  Europe    03250370.8    01/21/2003         
519   
Phantom-feed to Spare-Pair Conversion 
  UK    0201399.3    01/22/2002         
519   
Phantom-feed to Spare-Pair Conversion 
  US    10/348839    01/22/2003    7030733    04/18/2006
520   
Tuple Space Operations for Fine Grained Control 
  Canada    2416070    01/09/2003         
520   
Tuple Space Operations for Fine Grained Control 
  Europe    03250226.2    01/14/2003    1329810    08/16/2006
520   
Tuple Space Operations for Fine Grained Control 
  France    03250226.2    01/14/2003    1329810    08/16/2006
520   
Tuple Space Operations for Fine Grained Control 
  Germany    03250226.2    01/14/2003    1329810    08/16/2006
520   
Tuple Space Operations for Fine Grained Control 
  UK    03250226.2    01/14/2003    1329810    08/16/2006
520   
Tuple Space Operations for Fine Grained Control 
  US    10/339836    01/10/2003    6704734    03/09/2004
521   
A Hardware-Assisted Tuple Space 
  Canada    0200747.4    01/10/2003         
521   
A Hardware-Assisted Tuple Space 
  Europe    03250227.0    01/14/2003    1329807    08/23/2006
521   
A Hardware-Assisted Tuple Space 
  France    03250227.0    01/14/2003    1329807    08/23/2006
521   
A Hardware-Assisted Tuple Space 
  Germany    03250227.0    01/14/2003    1329807    08/23/2006
521   
A Hardware-Assisted Tuple Space 
  UK    03250227.0    01/14/2003    1329807    08/23/2006
521   
A Hardware-Assisted Tuple Space 
  US    10/341211    01/13/2003    6931491    08/16/2005
522   
A protocol for Facilitating the Selection of Electronic Services Using Infrared and a Network Address ID 
  Europe    02257706.8    11/06/2002    1309152    06/14/2006
522   
A protocol for Facilitating the Selection of Electronic Services Using Infrared and a Network Address ID 
  France    02257706.8    11/06/2002    1309152    06/14/2006
522   
A protocol for Facilitating the Selection of Electronic Services Using Infrared and a Network Address ID 
  Germany    02257706.8    11/06/2002    1309152    06/14/2006
522   
A protocol for Facilitating the Selection of Electronic Services Using Infrared and a Network Address ID 
  UK    02257706.8    11/06/2002    1309152    06/14/2006
522   
A protocol for Facilitating the Selection of Electronic Services Using Infrared and a Network Address ID 
  US    10/287850    11/05/2002         
525   
Efficient Power Supply Start Up Circuit 
  Canada    2416338    01/14/2003    2416338    10/18/2005
525   
Efficient Power Supply Start Up Circuit 
  Europe    03250264.3    01/16/2003         
525   
Efficient Power Supply Start Up Circuit 
  UK    0200934.8    01/16/2002         
525   
Efficient Power Supply Start Up Circuit 
  US    10/342263    01/15/2003    6804126    10/12/2004
526   
A Device for Changing the Speaking Rate of Recorded Speech 
  Canada    2452022    12/04/2003         
526   
A Device for Changing the Speaking Rate of Recorded Speech 
  Europe    03257650.6    12/04/2003    1426926    08/30/2006

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
526   
A Device for Changing the Speaking Rate of Recorded Speech 
  France    03257650.6    12/04/2003    1426926    08/30/2006
526   
A Device for Changing the Speaking Rate of Recorded Speech 
  Germany    03257650.6    12/04/2003    1426926    08/30/2006
526   
A Device for Changing the Speaking Rate of Recorded Speech 
  UK    03257650.6    12/04/2003    1426926    08/30/2006
526   
A Device for Changing the Speaking Rate of Recorded Speech 
  US    10/729842    12/04/2003    7143029    11/28/2006
527   
Headset or Handset signaling scheme 
  Canada    2401937    09/09/2002    2401937    01/09/2007
527   
Headset or Handset signaling scheme 
  Europe    02255441.4    09/14/2001    1294160    10/26/2005
527   
Headset or Handset signaling scheme 
  France    02255441.4    09/14/2001    1294160    10/26/2005
527   
Headset or Handset signaling scheme 
  Germany    02255441.4    09/14/2001    60206861.4-08    10/26/2005
527   
Headset or Handset signaling scheme 
  UK    02255441.4    09/14/2001    1294160    10/26/2005
527   
Headset or Handset signaling scheme 
  US    10/241275    09/10/2002         
530   
Call Redirection Zones for Wireless Communications 
  Canada    2447447    10/29/2003         
530   
Call Redirection Zones for Wireless Communications 
  Europe    03256848.7    10/29/2003         
530   
Call Redirection Zones for Wireless Communications 
  UK    0225428.2    10/31/2002         
530   
Call Redirection Zones for Wireless Communications 
  US    10/696734    10/28/2003    7024184    04/04/2006
532   
Line Echo Cancellation System 
  Canada    2429928    05/27/2003         
532   
Line Echo Cancellation System 
  Europe    03252672.5    04/28/2003    1367737    12/03/2004
532   
Line Echo Cancellation System 
  UK    0212397.4    05/29/2002         
532   
Line Echo Cancellation System 
  US    10/448155    05/29/2003    6956830    10/18/2005
533   
Loudspeaker cap to reduce structural ...acoustic modes 
  Canada    2,405,210    09/25/2002    2405210    05/30/2006
533   
Loudspeaker cap to reduce structural ...acoustic modes 
  Europe    02256665.7    09/25/2002         
533   
Loudspeaker cap to reduce structural ...acoustic modes 
  US    10/256569    09/26/2002    6741717    05/25/2004
534   
Robust Talker Localization in Reverberant Environment 
  Canada    2,394,429    09/19/2002         
534   
Robust Talker Localization in Reverberant Environment 
  Europe    02255406.7    08/01/2002         
534   
Robust Talker Localization in Reverberant Environment 
  US    10/222941    08/15/2002    7130797    10/31/2006
535   
Method to Improve Near-end Voice Activity Detection in Audio Systems Based on the Beamforming Technology 
  Europe    02255766.4    08/19/2002    1286328    06/21/2006
535   
Method to Improve Near-end Voice Activity Detection in Audio Systems Based on the Beamforming Technology 
  France    02255766.4    08/19/2002    1286328    06/21/2006
535   
Method to Improve Near-end Voice Activity Detection in Audio Systems Based on the Beamforming Technology 
  Germany    02255766.4    09/19/2002    1286328    06/21/2006
535   
Method to Improve Near-end Voice Activity Detection in Audio Systems Based on the Beamforming Technology 
  UK    0120322.3    08/21/2001         
535   
Method to Improve Near-end Voice Activity Detection in Audio Systems Based on the Beamforming Technology 
  UK    02255766.4    09/19/2002    1286328    06/21/2006
538   
5303 Conference Phone 
  Canada    98870    03/08/2002    98870    01/23/2003
538   
5303 Conference Phone 
  France    022638    04/23/2002    670150-53    07/19/2002
538   
5303 Conference Phone 
  UK    2,104,854    09/17/2001    2,104,854    09/17/2001
538   
5303 Conference Phone 
  US    29/156949    03/12/2002    472539    04/01/2003
547   
Personalized and Customizable Feature Execution and Specification System for Application in IP Telephony and elsewhere with Operational Semantics and Implemntation with Deontic Task Trees 
  Canada    2436072    07/24/2003    2436072    01/09/2007
547   
Personalized and Customizable Feature Execution and Specification System for Application in IP Telephony and elsewhere with Operational Semantics and Implemntation with Deontic Task Trees 
  Europe    03017609.3    08/11/2003    1389865    10/04/2006

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
547   
Personalized and Customizable Feature Execution and Specification System for Application in IP Telephony and elsewhere with Operational Semantics and Implemntation with Deontic Task Trees 
  France    03017609.3    08/11/2003    1389865    10/04/2006
547   
Personalized and Customizable Feature Execution and Specification System for Application in IP Telephony and elsewhere with Operational Semantics and Implemntation with Deontic Task Trees 
  Germany    03017609.3    08/11/2003    1389865    10/04/2006
547   
Personalized and Customizable Feature Execution and Specification System for Application in IP Telephony and elsewhere with Operational Semantics and Implemntation with Deontic Task Trees 
  UK    03017609.3    08/11/2003    1389865    10/04/2006
547   
Personalized and Customizable Feature Execution and Specification System for Application in IP Telephony and elsewhere with Operational Semantics and Implemntation with Deontic Task Trees 
  UK    03017609.3    08/11/2003         
547   
Personalized and Customizable Feature Execution and Specification System for Application in IP Telephony and elsewhere with Operational Semantics and Implemntation with Deontic Task Trees 
  US    10/631853    08/01/2003         
548   
Method to Control Noise Level Calculations in a Conferencing System 
  Canada    2416003    01/09/2003         
548   
Method to Control Noise Level Calculations in a Conferencing System 
  UK    2385249    10/04/2002    2385249    10/12/2005
548   
Method to Control Noise Level Calculations in a Conferencing System 
  US    10/044800    01/20/2002    7085715    08/01/2006
549   
7 kHz audio earpieces(low leak conditions and high leak conditions)for wideband audio telephone handsets, cell phone handsets or headsets 
  Canada    2431526    07/09/2003    2431526    01/24/2006
549   
7 kHz audio earpieces(low leak conditions and high leak conditions)for wideband audio telephone handsets, cell phone handsets or headsets 
  Europe    03253240.0    05/23/2003    1372352    12/17/2003
549   
7 kHz audio earpieces(low leak conditions and high leak conditions)for wideband audio telephone handsets, cell phone handsets or headsets 
  UK    0213732.1    06/14/2002         
549   
7 kHz audio earpieces(low leak conditions and high leak conditions)for wideband audio telephone handsets, cell phone handsets or headsets 
  US    10/460449    06/11/2003         
553   
Mitel 5230 IP Appliance 
  Canada    99306    05/02/2002    99306    01/15/2004
553   
Mitel 5230 IP Appliance 
  Canada    99307    05/02/2002    99307    01/15/2004
553   
Mitel 5230 IP Appliance 
  France    026602    10/31/2002    026602    04/25/2003
553   
Mitel 5230 IP Appliance 
  France    026631    11/04/2002    694332    02/28/2003
553   
Mitel 5230 IP Appliance 
  Germany    40209041.1    10/31/2002    40209041.1    12/06/2002
553   
Mitel 5230 IP Appliance 
  Germany    40209289.9    11/01/2002    40209289.9    12/11/2002
553   
Mitel 5230 IP Appliance 
  UK    3008243    11/01/2002    3008243    11/19/2002
553   
Mitel 5230 IP Appliance 
  UK    3008244    11/01/2002    3008244    12/16/2002
553   
Mitel 5230 IP Appliance 
  US                 
555   
Replaceable Personal Digital Assistant Cradle for Desktop Telephone 
  Canada    2427775    11/03/2003    2427775    09/12/2006
555   
Replaceable Personal Digital Assistant Cradle for Desktop Telephone 
  Europe    03252407.6    04/15/2003    1359731    07/20/2005
555   
Replaceable Personal Digital Assistant Cradle for Desktop Telephone 
  France    03252407.6    04/15/2003    1359731    07/20/2005
555   
Replaceable Personal Digital Assistant Cradle for Desktop Telephone 
  Germany    03252407.6    04/15/2003    1359731    07/20/2005

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
555   
Replaceable Personal Digital Assistant Cradle for Desktop Telephone 
  UK    03252407.6    04/15/2003    1359731    07/20/2005
555   
Replaceable Personal Digital Assistant Cradle for Desktop Telephone 
  US    10/428608    05/02/2003         
562   
A Method of Acoustic Echo Cancellation in Full-duplex Hands Free Audio Conferencing with Spatial Directivity 
  Canada    2413217    01/22/2003    2413217    01/16/2007
562   
A Method of Acoustic Echo Cancellation in Full-duplex Hands Free Audio Conferencing with Spatial Directivity 
  US    10/306154    11/29/2002    6990193    01/24/2006
564   
A Method to Capture the Constant Echo Path Information in Full-Duplex Telephones 
  Canada    2414636    12/18/2003    2414636    09/12/2006
564   
A Method to Capture the Constant Echo Path Information in Full-Duplex Telephones 
  US    10/321499    12/18/2002         
570   
A method of optimal microphone arry design under uniform acoustic coupling constraints 
  Canada    2481640    09/15/2004    2481640    02/06/2007
570   
A method of optimal microphone arry design under uniform acoustic coupling constraints 
  Europe    04104469.4    09/15/2004    published 1517581    03/23/2005
570   
A method of optimal microphone arry design under uniform acoustic coupling constraints 
  UK    0321722.1    09/16/2003         
570   
A method of optimal microphone arry design under uniform acoustic coupling constraints 
  US    10/941961    09/16/2004         
574   
Detecting Acoustic Echoes using Microphone Arrays 
  Canada    2485728    10/21/2004    2485728    01/02/2007
574   
Detecting Acoustic Echoes using Microphone Arrays 
  Europe    04105221.8    10/21/2004         
574   
Detecting Acoustic Echoes using Microphone Arrays 
  UK    0324536.2    10/21/2003         
574   
Detecting Acoustic Echoes using Microphone Arrays 
  US    10/971213    10/21/2004         
592   
Parallel GSC Structure for Adaptive Beamforming Under Equalization Constraints 
  Canada    2506439    05/05/2005         
592   
Parallel GSC Structure for Adaptive Beamforming Under Equalization Constraints 
  Europe    05103862.8    05/10/2005         
592   
Parallel GSC Structure for Adaptive Beamforming Under Equalization Constraints 
  UK    0410847.8    05/14/2004         
592   
Parallel GSC Structure for Adaptive Beamforming Under Equalization Constraints 
  US    11/125498    05/10/2005    6999378    02/14/2006
602   
“Navigator” Computer-Telephony Device 
  Canada    110007    02/04/2005    110007    06/30/2006
602   
“Navigator” Computer-Telephony Device 
  Europe    000384961    08/04/2005    000384961    10/04/2005
602   
“Navigator” Computer-Telephony Device 
  US    29/235613    08/03/2005         
11197   
Data Storage System 
  US    07/409966    9/18/1989    5034915    07/23/91
111103   
Wireless Telephone System 
  US    404010    09/07/89    5005183    04/02/91
111125   
Digital Signal Processing System 
  Canada            1279393    01/22/91
111125   
Digital Signal Processing System 
  US    142816    01/11/88    4862452    08/29/89
111138   
Digital DTMF Tone Detector 
  Canada    566003    05/05/88    1289281    09/17/91
111138   
Digital DTMF Tone Detector 
  UK    8910226.3    05/04/89    2219174    05/04/89
111138   
Digital DTMF Tone Detector 
  US    346750    05/03/89    5119322    06/02/92
111145   
Trunk Cord with Distributed Signalling Voltages 
  Canada    574775    08/15/88    1289280    09/17/91
111145   
Trunk Cord with Distributed Signalling Voltages 
  UK    8918022.8    08/07/89    2222056    08/07/89
111145   
Trunk Cord with Distributed Signalling Voltages 
  US    388942    08/03/89    4926467    05/15/90
111146   
Apparatus for Testing 
  Canada    604279    06/28/89    1311570    12/15/92
111146   
Apparatus for Testing 
  US    498102    03/23/90    4996702    02/26/91
111152   
Programmable Threshold Alert 
  Canada    608745    08/18/89    1326530    01/25/94
111152   
Programmable Threshold Alert 
  US    323374    03/14/89    4964155    10/16/99
111153   
Group Emergency Call System 
  Canada    583164    11/15/88    1333296    11/29/94
111153   
Group Emergency Call System 
  UK    8925199.5    11/08/89    2225194    11/08/89
111153   
Group Emergency Call System 
  US    426418    10/26/89    5166972    11/24/92
111159   
Redundant Clock & Frame Pulse Synchronization System 
  Canada    571908    07/13/88    1302594    06/02/92
111171   
Digitally Controlled Ringer Signal Generator 
  Canada                 
111171   
Digitally Controlled Ringer Signal Generator 
  US    894632    06/05/92    5323456    06/21/94
111174   
Modular Communication System with Allocatable Bandwidth 
  Canada    2056827    12/02/91    2056827    02/23/99

 


 

                         
                        Patent
                        Grant
Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
111174   
Modular Communication System with Allocatable Bandwidth 
  UK    9211157.4    05/26/92    2256349    05/26/92
111174   
Modular Communication System with Allocatable Bandwidth 
  UK    9507657.6    05/26/92    2286099    05/26/92
111174   
Modular Communication System with Allocatable Bandwidth 
  UK    9507658    05/26/92    2286318    05/26/92
111174   
Modular Communication System with Allocatable Bandwidth 
  US    07/708769    05/31/91    5164940    11/17/92
111176   
Compressed Language Dictionary 
  Canada    2051135    05/12/86    2051135    09/26/89
111176   
Compressed Language Dictionary 
  UK    9207399.8    04/02/92    2259596    04/02/92
111176   
Compressed Language Dictionary 
  US    878854    05/05/92    5383121    01/17/95
111179   
Programmable Call Progress Tones for a Switching System 
  Canada    2068154    05/07/92    2068154    01/14/97
111179   
Programmable Call Progress Tones for a Switching System 
  UK    9308617.1    04/26/93    2266820     
111179   
Programmable Call Progress Tones for a Switching System 
  US    050900    04/21/93    5436964    07/25/95
111182   
Digital Class Receiver 
  Canada    2069142    05/21/92    2069142    04/02/96
111182   
Digital Class Receiver 
  UK    9309441.5    05/07/93    2267417    05/07/93
111182   
Digital Class Receiver 
  US    922616    07/30/92    5400365    03/21/95
190112   
Circuit for Maintaining Hybrid Cancellation of Signals in a Communication System 
  US    420648    10/11/89    5054062    10/01/91
190121   
Digital key system architecture 
  UK    8904889.6    03/03/89    2221596    08/05/92
190121   
Digital key system architecture 
  US    386697    07/31/89    5202883    04/13/93
Jointly Owned Patents (Granted)
                                         
                                        Patent
                                        Grant
Status/Owner   Mitel #   Title   Country   Serial #   Date Filed   Patent #   Date
Mitel Networks Corporation & The University of Ottawa
    425     Feature Interaction Resolution Using Policies event based model and Fuzzy Logic   Canada     2313497     07/10/2000            
Mitel Networks Corporation & The University of Ottawa
    436     Security Mechanisms and Architecture for Collaborative Software System using Tuple Spaces and Blackboard Systems   Canada     2321407     09/28/2000     2321407     05/17/2005
Mitel Networks Corporation & The University of Ottawa
    436     Security Mechanisms and Architecture for Collaborative Software System using Tuple Spaces and Blackboard Systems   Germany                        
Mitel Networks Corporation & The University of Ottawa
    436     Security Mechanisms and Architecture for Collaborative Software System using Tuple Spaces and Blackboard Systems   UK     9923544.2     10/05/99     2355140     09/03/2003
Mitel Networks Corporation & The University of Ottawa
    436     Security Mechanisms and Architecture for Collaborative Software System using Tuple Spaces and Blackboard Systems   US     09/676838     09/29/2001            
Mitel Networks Corporation & The University of Ottawa
    437     Policy representations and mechanisms for the control of software based communication and business systems   Canada     2319863     09/15/2000     2319863     07/18/2006
Mitel Networks Corporation & The University of Ottawa
    437     Policy representations and mechanisms for the control of software based communication and business systems   Germany                        
Mitel Networks Corporation & The University of Ottawa
    437     Policy representations and mechanisms for the control of software based communication and business systems   UK     9922096.4     09/17/99     2,354,350     03/12/2004
Mitel Networks Corporation & The University of Ottawa
    437     Policy representations and mechanisms for the control of software based communication and business systems   US     09/663026     09/15/2000     6778641     08/17/2004

 


 

The following Patents are licensed from Zarlink Semiconductor. In the event that Zarlink no longer wishes to retain the rights in these patents, the Corporation has the option to obtain an assignment of the Patents (without cost):
                                 
Filed   Mitel #   Title   Country   Serial #   Date Filed   Patent #
229B  
Agent-Based Web Search Engine
  Canada     2265292     03/15/99            
229B  
Agent-Based Web Search Engine
  Germany     19913509.6     03/25/99   expired    
229B  
Agent-Based Web Search Engine
  UK     9806392.8     03/25/97   expired    
229B  
Agent-Based Web Search Engine
  US     09275597     03/24/99   AB    
385B  
Marker Packet Method Measuring Audio Signal to Packet Delays
  Canada                        
385B  
Marker Packet Method Measuring Audio Signal to Packet Delays
  UK     9925878.2     11/01/99     2355901     09/02/2003
S163B  
Double-Talk and Path Change Detection Using A Matrix of Correlation Coefficients
  Canada     2402511     09/10/2002            
   
 
                           
Granted  
 
                           
75B  
Basic Rate Interface
  Canada     2047641     07/23/91     2047641     01/11/2000
75B  
Basic Rate Interface
  US     185821     01/21/94     5432791     07/11/95
76B  
Digital Wireless Interface
  Canada     2,053,137     10/22/91     2053137     08/21/2001
76B  
Digital Wireless Interface
  Europe     92921240.5     10/22/91     0607250     12/17/97
76B  
Digital Wireless Interface
  US     08211574     10/01/91     5612990     03/18/97
95B  
Multiple Access
  UK     9402479.1     02/09/94     2274961     11/12/96
95B  
Multiple Access
  US     08/191470     02/04/2000     5544158     08/06/96
   
 
                           
98B (formerly
111188)
 
ST Bus DSP Interface
  Canada     2080159-0     10/08/92     2080159     09/15/98
   
 
                           
98B (formerly
111188)
 
ST Bus DSP Interface
  Mexico     9306077     09/30/93     186222     10/01/97
   
 
                           
98B (formerly
111188)
 
ST Bus DSP Interface
  UK     9319629.3     09/23/93     2271448     04/13/94
   
 
                           
98B (formerly
111188)
 
ST Bus DSP Interface
  US     08065533     05/21/93     5649148     07/15/97
116B  
Digital FSK Receiver Using Double Zero Crossing
  Canada     2116042     02/21/94     2116042     03/23/99
116B  
Digital FSK Receiver Using Double Zero Crossing
  Germany     19503576.3     02/03/95     19503576     11/13/97
116B  
Digital FSK Receiver Using Double Zero Crossing
  UK     9502926     02/15/95     2286951     05/15/98
116B  
Digital FSK Receiver Using Double Zero Crossing
  US     08577777     02/21/94     5661759     08/26/97
117B  
Programmable Digital Call Progress Tone Detector
  Canada     2116043     02/21/94     2116043     09/23/97
117B  
Programmable Digital Call Progress Tone Detector
  Germany   P 19504514.9     02/11/95     19504514     02/27/97
117B  
Programmable Digital Call Progress Tone Detector
  UK     9502893.2     02/15/95     2286746     04/29/98
117B  
Programmable Digital Call Progress Tone Detector
  US     199482     02/22/94     5563942     10/08/96
138B  
Battery Switch for RAM Backup
  US     08/235257     04/29/94     5532676     07/02/96
152B  
Loop Current Detector
  Canada     2146596     04/07/95     2146596     09/21/99
152B  
Loop Current Detector
  US     08225481     04/29/94     5768342     06/16/98
157B  
Ring Discriminator
  Canada     2164247     12/01/95     2164247     07/06/99
184B  
Standby High Voltage Analog Line Feed
  Canada     2180316     07/02/96     2180316     01/11/2000
184B  
Standby High Voltage Analog Line Feed
  US     08/675111     07/03/96     5889858     03/30/99
188B  
Mechanism For Sharing of Guaranteed Resources
  Canada     2313614     07/05/2000     2313614     09/16/2003
188B  
Mechanism For Sharing of Guaranteed Resources
  UK     9916208.3     07/09/99     2353915     12/12/2001
188B  
Mechanism For Sharing of Guaranteed Resources
  US     09/611054     07/06/2000            
220B  
Digital Phase Reversal Detector
  Canada     2161042     10/20/95     2161042     08/28/2001
220B  
Digital Phase Reversal Detector
  Europe     96933290.7     10/16/96     0 856 212     09/27/2000

 


 

                                 
Filed   Mitel #   Title   Country   Serial #   Date Filed   Patent #
220B  
Digital Phase Reversal Detector
  France     96933290.7     10/16/96     0 856 212     09/27/2000
220B  
Digital Phase Reversal Detector
  Germany     96933290.7     10/16/96     69610505.5     09/27/2000
220B  
Digital Phase Reversal Detector
  Japan                        
220B  
Digital Phase Reversal Detector
  UK     96933290.7     10/16/96     0856212     09/27/0200
220B  
Digital Phase Reversal Detector
  US     09/051,355     06/25/98     6259750     07/10/2001
231B  
Intelligent Message Leaving
  Canada     2181199     07/15/96     2181199     08/21/2001
231B  
Intelligent Message Leaving
  UK     9714811.8     05/15/97     2315385     08/09/2000
231B  
Intelligent Message Leaving
  US     08/893277     07/15/97     6167127     12/26/2000
237B  
Multiplexing TAPI Calls into one Virtual TAPI Call
  UK     9805321.8     03/12/98     2323251     04/21/99
237B  
Multiplexing TAPI Calls into one Virtual TAPI Call
  US     08815596     03/12/97     5949765     09/07/99
263B  
Internet Telephony Gateway
  Canada     2180685     07/08/96     2180685     09/09/2003
263B  
Internet Telephony Gateway
  France     9708918     07/08/97            
263B  
Internet Telephony Gateway
  Germany     19728878.2     07/07/97            
263B  
Internet Telephony Gateway
  UK     9714058.6     07/04/97            
263B  
Internet Telephony Gateway
  US     08/885538     06/30/97            
285B  
Synchronization of Communication Devices Connected Over an Asynchronous Link
  Canada     2,199,647     03/11/97     2199647     01/27/2004
300B  
Circuit to Improve Transducer Separation in Handsfree Telephone
  UK     9803352.5     02/17/97     2322257     04/28/99
300B  
Circuit to Improve Transducer Separation in Handsfree Telephone
  US     08/802001     02/18/97     6438240     08/20/2002
318B  
Method of Selecting Between Multiple Clock Drive Sources for a Backplane Clock Signal
  Canada     2254310     11/16/98     2254310     06/05/2001
318B  
Method of Selecting Between Multiple Clock Drive Sources for a Backplane Clock Signal
  UK     9724256.4     11/17/97     2331417     06/27/2001
318B  
Method of Selecting Between Multiple Clock Drive Sources for a Backplane Clock Signal
  US     09/193745     11/17/98     6163850     12/19/2000
320B  
PASIC Digital Switching System
  Canada     2275063     06/17/99     2275063     08/02/2005
320B  
PASIC Digital Switching System
  US     09/344064     06/25/99            
328B  
DNIC Peripheral Extender
  Canada     2308012     05/11/2000     2308012     08/10/2004
328B  
DNIC Peripheral Extender
  UK     9917644.8     05/13/99     2350010A     06/20/2001
328B  
DNIC Peripheral Extender
  US     09/570116     05/12/2000     6628776     09/30/2003
332B  
Event Detector for OTP
  Canada     2275116     06/18/99     2275116     10/28/2003
332B  
Event Detector for OTP
  UK     9813971.0     06/30/98     2339119     05/21/2003
332B  
Event Detector for OTP
  US     09/343227     06/30/99     6741558     05/25/2004
334B  
Call Processing with Synchronized Tuple Spaces
  Canada     2316549     08/15/2000            
334B  
Call Processing with Synchronized Tuple Spaces
  UK     9920051.1     08/24/99     2353612     11/12/2003
334B  
Call Processing with Synchronized Tuple Spaces
  US     09/642,340     08/21/2000     7096259     08/22/2006
352B  
Mechanism for discounting in a bidding process based on quality of Service
  Canada     2288459     11/03/99     2288459     12/31/2002
352B  
Mechanism for discounting in a bidding process based on quality of Service
  UK     9824567.3     11/09/98     2343583     05/05/2004
352B  
Mechanism for discounting in a bidding process based on quality of Service
  US     09/435857     11/08/99     6687682     02/03/2004
364B  
Echo cancelling/suppression for handsets
  Canada     2293911     12/29/99     2293911     06/01/2004
364B  
Echo cancelling/suppression for handsets
  UK     9907102.9     03/26/99     2348350     02/18/2004
364B  
Echo cancelling/suppression for handsets
  US     09/488141     12/29/99     6999582     02/14/2006
365B  
Locating Network Echos
  Canada     2319639     09/14/2000     2319639     03/16/2004
365B  
Locating Network Echos
  UK     9921555.0     09/14/99     2354414     12/22/2004
365B  
Locating Network Echos
  US     09/662259     09/14/2000     6947395     09/20/2005
379B  
Adaptive Buffer Management for Voice Over Packet Based Networks
  Canada     2288365     11/02/99     2288365     08/10/2004
379B  
Adaptive Buffer Management for Voice Over Packet Based Networks
  US     09/432540     11/03/99     6603759     08/05/2003
388B  
A Method for Noise Dosimeter in Appliances Employing Earphones or Handsets
  Canada     2293522     12/29/99     2293522     06/10/2003

 


 

                                 
Filed   Mitel #   Title   Country   Serial #   Date Filed   Patent #
388B  
A Method for Noise Dosimeter in Appliances Employing Earphones or Handsets
  UK     9909708.1     04/27/99     2349466     10/15/2003
388B  
A Method for Noise Dosimeter in Appliances Employing Earphones or Handsets
  US     09/488151     01/20/2000     6507650     01/14/2003
389B  
Telephone Headset Click-Free Muting Circuit
  Canada     2286371     10/14/99     2286371     07/30/2002
389B  
Telephone Headset Click-Free Muting Circuit
  UK     9822695.4     10/16/98     2342798     04/16/2003
389B  
Telephone Headset Click-Free Muting Circuit
  US     09/418704     10/15/99     6292560     09/18/2001
390B  
A Technique for Eliminating the ‘Click’ Noise Associated with the Activation of a Microphone Mute Switch
  Canada     2308544     05/15/2000     2308544     12/28/2004
390B  
A Technique for Eliminating the ‘Click’ Noise Associated with the Activation of a Microphone Mute Switch
  UK     9911433.2     05/17/99     2350256     05/30/2001
390B  
A Technique for Eliminating the ‘Click’ Noise Associated with the Activation of a Microphone Mute Switch
  US     09/571808     05/16/2000     6690793     02/10/2004
393B  
Improvement of the Full Duplex Speakerphone Start-up Sequence using Default LEC Coefficients
  Canada     2291428     12/01/99     2291428     05/20/2003
393B  
Improvement of the Full Duplex Speakerphone Start-up Sequence using Default LEC Coefficients
  UK     9826501.0     12/02/98            
393B  
Improvement of the Full Duplex Speakerphone Start-up Sequence using Default LEC Coefficients
  US     09/453147     12/02/99     6768723     07/27/2004
396B  
Click Free Muting Circuit for Headset
  Canada     2291884     12/09/99     2291884     01/31/2006
396B  
Click Free Muting Circuit for Headset
  UK     9827184.4     12/11/98     2344711     02/25/2004
396B  
Click Free Muting Circuit for Headset
  US     09/459321     12/10/99     6751316     06/15/2004
398B  
A Hardware Mechanism to Control the Data Reception Buffers for Packetized Voice Channels......
  Canada     2308648     05/17/2000     2308648     02/15/2005
398B  
A Hardware Mechanism to Control the Data Reception Buffers for Packetized Voice Channels......
  UK     9912575.9     05/28/99     2350533     07/04/2001
398B  
A Hardware Mechanism to Control the Data Reception Buffers for Packetized Voice Channels......
  US     09/577397     05/22/2000     6721825      
420B  
Synchronization method and system for keeping track of encoding history to maintain digital system syncrhonization during communication over lossy transmission media
  Canada     2309014     05/23/2000     2309014     11/02/2004
420B  
Synchronization method and system for keeping track of encoding history to maintain digital system syncrhonization during communication over lossy transmission media
  UK     9913656.6     06/11/99     2350984     10/15/2003
420B  
Synchronization method and system for keeping track of encoding history to maintain digital system syncrhonization during communication over lossy transmission media
  US     09/587,721     06/05/2000            
431B  
Comfort Noise Generation
  Canada     2308647     05/17/2000     2308647     01/04/2005
431B  
Comfort Noise Generation
  UK     9912574.2     05/28/99     2350532     08/08/2001
431B  
Comfort Noise Generation
  US     09/577420     05/22/2000            
435B  
A hardware mechanism to detect silence on a packetized voice stream
  Canada     2309525     05/26/2000     2309525     11/09/2004
435B  
A hardware mechanism to detect silence on a packetized voice stream
  UK     0012884.3     05/30/2000     2352378     01/14/2004
435B  
A hardware mechanism to detect silence on a packetized voice stream
  US     09/580788     05/30/2000     6535844     03/18/2003
438B  
Packet loss compensation by injecting spectrally shaped noise
  Canada     2331228     01/17/2001     2331228     04/06/2004
438B  
Packet loss compensation by injecting spectrally shaped noise
  UK     0001157.7     01/18/2000     2358558     10/15/2003
438B  
Packet loss compensation by injecting spectrally shaped noise
  US                 7002913     02/21/2006
445B  
An efficient hardware mechanism to calculate the energy of a U-law or A-law encoded digitized speach sample
  Canada     2320713     09/26/2000     2320713     06/28/2005
445B  
An efficient hardware mechanism to calculate the energy of a U-law or A-law encoded digitized speach sample
  US     09/675577     09/22/2000     6775685     08/10/2004

 


 

                                 
Filed   Mitel #   Title   Country   Serial #   Date Filed   Patent #
447B  
Comfort noise generation scheme for open discontinuous transmission systems
  Canada     2326275     11/20/2000     2326275     03/23/2004
447B  
Comfort noise generation scheme for open discontinuous transmission systems
  US     09/717421     11/21/2000     6711537     03/23/2004
457B  
Telephone loudspeaker equalization using a remote microphone
  Canada     2391262     06/25/2002     2391262     05/03/2005
457B  
Telephone loudspeaker equalization using a remote microphone
  UK     0116215.5     07/03/2001     2377353     06/29/2005
457B  
Telephone loudspeaker equalization using a remote microphone
  US     10/186305     06/26/2002            
459B  
Transport Protocols for Application Platforms Over Network Portals
  Canada     2369383                  
459B  
Transport Protocols for Application Platforms Over Network Portals
  France     0200942     01/25/2002     0200942     03/10/2006
459B  
Transport Protocols for Application Platforms Over Network Portals
  Germany     10203764.7     01/25/2002            
459B  
Transport Protocols for Application Platforms Over Network Portals
  UK     0102138.5     01/27/2001     2371726     08/17/2005
459B  
Transport Protocols for Application Platforms Over Network Portals
  US     10/056404     01/25/2002     7068670     06/27/2006
465B  
Integrated Data Clock Extractor
  Canada     2338320     02/26/2001     2338320     05/11/2004
465B  
Integrated Data Clock Extractor
  UK     0004672.2     02/28/2000     2359706     03/10/2004
465B  
Integrated Data Clock Extractor
  US     09/794,644     02/27/2001     6795514     09/21/2004
468B  
Multi-Frequency (MF) Tone Detection Spectral Nulls
  Canada     2342467     03/13/2001     2342467     05/25/2004
468B  
Multi-Frequency (MF) Tone Detection Spectral Nulls
  China     01109183.5     03/19/2001   ZL      
01109183.5
  01/19/2005
468B  
Multi-Frequency (MF) Tone Detection Spectral Nulls
  France     0103595     03/16/2001     0103595     07/09/2004
468B  
Multi-Frequency (MF) Tone Detection Spectral Nulls
  Germany                 10112974     10/20/2005
468B  
Multi-Frequency (MF) Tone Detection Spectral Nulls
  UK     0006576.3     03/17/2000     2360420     02/18/2004
468B  
Multi-Frequency (MF) Tone Detection Spectral Nulls
  US     11/318775     12/27/2005     7010117     03/07/2006
470B  
A Method for line circuits to provide constant current and voltage feed capabilities
  Canada     2342557     03/29/2001     2342557     06/08/2004
470B  
A Method for line circuits to provide constant current and voltage feed capabilities
  UK     0007841.0     03/31/2000     2360906     10/15/2003
470B  
A Method for line circuits to provide constant current and voltage feed capabilities
  US     09/822943     03/30/2001     6865271     03/08/2005
470B  
A Method for line circuits to provide constant current and voltage feed capabilities
  US     11/354336     02/14/2006            
471B  
Utilizing sub packets for packet loss compensation in voice over IP networks
  Canada     2372209     03/06/2001     2372209     05/30/2006
471B  
Utilizing sub packets for packet loss compensation in voice over IP networks
  China     01800431.8     03/06/2001     159250     06/15/2004
471B  
Utilizing sub packets for packet loss compensation in voice over IP networks
  Europe     01914855.0     06/06/2001     1183681     08/02/2006
471B  
Utilizing sub packets for packet loss compensation in voice over IP networks
  France     01914855.0     03/06/2001     1183681     08/02/2006
471B  
Utilizing sub packets for packet loss compensation in voice over IP networks
  Germany     10190890.3     03/06/2001     10190890     10/13/2005
471B  
Utilizing sub packets for packet loss compensation in voice over IP networks
  UK     0005376.9     03/06/2000     2360178     04/14/2004
471B  
Utilizing sub packets for packet loss compensation in voice over IP networks
  US     09/800194     03/06/2001     6901069     05/31/2005
471B  
Utilizing sub packets for packet loss compensation in voice over IP networks
  US     11/110245     04/20/2005            
482B  
Method to register IP phones
  Canada     2341111     03/16/2001     2341111     12/05/2006

 


 

                                 
Filed   Mitel #   Title   Country   Serial #   Date Filed   Patent #
482B  
Method to register IP phones
  US     09/810520     03/16/2001     6958992     10/25/2005
482B  
Method to register IP phones
  US     11/110069     04/20/2005            
497B  
Packet buffer memory with integrated allocation/deallocation circuit
  Canada     2425278     04/14/2003     2425278     01/24/2006
497B  
Packet buffer memory with integrated allocation/deallocation circuit
  France     0304780     04/16/2003     2838537     02/09/2007
497B  
Packet buffer memory with integrated allocation/deallocation circuit
  Germany     10318300.0     04/15/2003            
497B  
Packet buffer memory with integrated allocation/deallocation circuit
  UK     2387677 A     10/22/2003     2387677     06/22/2005
501B  
Noise Level Calculator for Echo Canceller
  Canada     2,357,959     09/27/2001     2357959     02/28/2006
501B  
Noise Level Calculator for Echo Canceller
  UK     23975.6     09/30/2000            
501B  
Noise Level Calculator for Echo Canceller
  US     09/965881     09/28/2001     7146003     12/05/2006
111130B  
Compensation Circuit for Use With an Integrating Amplifer
  Germany     3806346.8     02/27/88     3806346     02/06/92
111130B  
Compensation Circuit for Use With an Integrating Amplifer
  Japan     057315/88     03/08/88     2109460     11/21/96
111130B  
Compensation Circuit for Use With an Integrating Amplifer
  UK     8805580     03/09/88     2202413     10/23/91
111130B  
Compensation Circuit for Use With an Integrating Amplifer
  US     157862     01/24/91     4800586     01/24/89
111163B  
Data Transfer
  Canada     2019002     06/14/90     2019002     04/19/94
111163B  
Data Transfer
  Canada     2108836     06/14/90     2108836     08/19/97
111163B  
Data Transfer
  US     08/025838     03/03/93     5341370     08/23/94
111178B  
Data Transport for Internal Messaging
  Canada     2058654     12/31/91     2058654     12/29/98
111178B  
Data Transport for Internal Messaging
  Germany     P4243266.9     12/31/91     P4243266.9     01/17/2002
111178B  
Data Transport for Internal Messaging
  UK     9227133.7     12/31/92     2263043     12/31/92
111178B  
Data Transport for Internal Messaging
  US     07/996662     12/24/92     5638366     06/10/97
S54  
Telephone Handsfree Algorithm
  Canada     2052351     09/27/91     2052351     05/23/2000
S54  
Telephone Handsfree Algorithm
  Germany     92920102.8     09/25/92     69223416.0     12/03/97
Licensed IP
“R/3 Software End User Value License Agreement with SAP Canada Inc.”, effective February 16th, 2001 and entered into between Mitel Networks Corporation and SAP Canada, Inc.

 


 

 

SECTION 4.22
INTELLECTUAL PROPERTY RIGHTS
Section 4.22(a): Owned IP
Exclusive Rights:
Pursuant to the TPC Agreement, upon the occurrence of certain events of default, TPC may direct the Corporation to transfer and deliver to TPC title to, and possession of, and all rights of the Corporation in the Intellectual Property (as defined in the TPC Agreement) developed in carrying out the Project (as defined in the TPC Agreement).
Joint Ownership:
The Corporation is a party to a Joint Development and Distribution Agreement with VCON Ltd., effective February 8th, 2000, pursuant to which VCON developed certain customizations to the Corporation’s products and the parties contributed certain intellectual property, in the case of the Corporation the MiTAI and MiNET protocols, to ensure the interoperability of the Corporation’s ICP and IP phones with VCON’s conferencing endpoints.
Also see Section 4.21 “Jointly Owned IP – Patents (Granted)” to this Disclosure Schedule.
Section 4.22(c): Rights Claims
The Corporation has received notifications requesting licensing arrangements or alleging infringement of patents from the following third parties:
***
Section 4.22(d): Contracts Impairing Right to Exploit Owned IP
As disclosed in Section 4.22(a) of this Disclosure Schedule, upon the occurrence of certain events of default under the TPC Agreement, TPC may direct the Corporation to transfer and deliver to TPC title to, and possession of, and all rights of the Corporation in the Intellectual Property (as defined in the TPC Agreement) developed in carrying out the Project (as defined in the TPC Agreement). The TPC


 

 

 - 2 -
Agreement further limits the Corporation’s ability to use, sell, transfer, assign, commercially exploit or convey the Owned IP.
Section 4.22(f): Covenants not to Sue
***
Section 4.22(g) Contracts Granting Rights to use Owned IP
As disclosed in Sections 4.22(a) and 4.22(d) of this Disclosure Schedule, pursuant to the TPC Agreement, upon the occurrence of certain events of default, TPC may direct the Corporation to transfer and deliver to TPC title to, and possession of, and all rights of the Corporation in the Intellectual Property (as defined in the TPC Agreement) developed in carrying out the Project (as defined in the TPC Agreement).
***
Section 4.22(h): Validity or Enforceability of Owned IP
None.
Section 4.22(j): Development of Owned IP/Waiver of Moral Rights/IP of Third Parties
Contractors engaged through the Corporation’s subsidiary, Mitel Networks Limited, have not been required to irrevocably or unconditionally waive their moral rights and other non-assignable rights.
Section 4.22(l): Government Funding
As set out in Section 4.22(a) of this Disclosure Schedule, pursuant to the TPC Agreement, upon the occurrence of certain events of default, TPC may direct the Corporation to transfer and deliver to TPC title to, and possession of, and all rights of the Corporation in the Intellectual Property (as defined in the TPC Agreement) developed in carrying out the Project (as defined in the TPC Agreement). The TPC Agreement further limits the Corporation’s ability to use, sell, transfer, assign, commercially exploit or convey the Owned IP.
Section 4.22(n): Publicly Available Software
None.
Section 4.22(n): Disclosure of Source Code
As described in Section 4.19 (iii)(h) of this Disclosure Schedule, Mitel Networks Limited is a party to an escrow agreement with Marks & Spencer in the U.K., and NCC Escrow International Ltd., in favour of Marks & Spencer for the escrow of certain of the Corporation’s product source code.


 

 

SECTION 4.23
LITIGATION
Except as already disclosed under Sections 4.22 (c) and 4.28 of this Disclosure Schedule and as set out below, and only to the extent such disclosures would be considered to be Material, the Corporation is not aware of any other Legal Proceedings.
***


 

- 2 -

* * *


 

- 3 -


***


 

- 4 -

***


 

 

SECTION 4.24
INSURANCE
See Summary of Insurance 2006-2007 attached to this Section 4.24 as Appendix “A”.
***


 

 

SECTION 4.25
INSIDERS AND CONFLICTS OF INTEREST
Section 4.25(a): Contracts with Insiders
The Corporation is a party to those Contracts with Insiders as set forth in Section 4.19 of this Disclosure Schedule.
Section 4.25(b) Material Amounts due to or from Insiders
On-going lease obligations to Mitel Research Park Corporation in connection with the lease by the Corporation of 350 Legget Drive, Ottawa, Ontario, which lease is described in Section 4.13 of this Disclosure Schedule.
Section 4.25(c): Interests in other Business
As further described in Section 4.9 (c) of this Disclosure Section, the Corporation exercised the option to convert certain Natural Convergence Inc. warrants into shares and acquired 5,805,589 Class C Preferred Shares, 2,661,934 Class C Preferred Shares and 600,000 Common Shares. The Company currently holds less than a 6% interest in Natural Convergence Inc.


 

 

SECTION 4.28
COMPLIANCE WITH OTHER INSTRUMENTS, LAWS, ETC.
***


 

Schedule C
See Financial Statements accompanying this 20-F filing.

 


 

Schedule D
                 
Name   Class 1     Warrants  
Arsenal Holdco I, S.a.r.l.
    205,819       15,596,446  
Arsenal Holdco II, S.a.r.l.
    13,928       1,055,429  
Morgan Stanley Principal Investments, Inc.
    43,340       3,284,196  

 


 

Schedule E
RESTRUCTURING TRANSACTIONS
PRE-CLOSING
A. Shareholder Restructuring
Amended and Restated Consent and Waiver of the Shareholders dated August 15, 2007 pursuant to the Existing Shareholders Agreement, the Existing Registration Rights Agreement and the Articles
Second Amending Agreement made as of June 22, 2007 among the Shareholders and Mitel amending the put rights set forth in the Existing Shareholders Agreement
Common Share Repurchase and Voting Agreement between Zarlink and Mitel made as of May 30, 2007
Amended and Restated Common Share Repurchase, Voting and Conversion Agreement between PTIC and Mitel made as of August 15, 2007
Return of Capital, Voting and Conversion Agreement between EdgeStone and Mitel made as of June 22, 2007
Amended and Restated Warrant Repurchase, Voting and Conversion Agreement between WCC, CTJL, Matthews and Mitel made as of August 15, 2007
Form of Termination of Existing Shareholders Agreement and Existing Registration Rights Agreement
B. Noteholder Restructuring
Payout Letter and Consent of the Noteholders dated April 26, 2007
Amendment to the Noteholder Warrants pursuant to Payout Letter and Consent
Amendment to the Payout Letter and Consent of the Noteholders
Second Amendment to the Payout Letter and Consent of the Noteholders
Documents to be executed/actions to be taken immediately prior to closing of merger
Original Notes to be delivered to Mitel for cancellation by each of: (i) Highbridge; (ii) Fore Convertible; (iii) Fore Multi Strategy; and (iv) Marathon Funding
Original Noteholder Warrants to be delivered to Mitel by each of: (i) Highbridge; (ii) Fore Convertible; (iii) Fore Multi Strategy; and (iv) Marathon Special Opportunity Master Fund, Ltd.
Amended Warrant to be issued to each of: (i) Highbridge; (ii) Fore Convertible; (iii) Fore Multi Strategy; and (iv) Marathon Special Opportunity Master Fund, Ltd.