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Telemonde Inc – ‘10-12G’ on 11/15/99 – EX-99.3

On:  Monday, 11/15/99   ·   Accession #:  950130-99-6504   ·   File #s:  0-28113, 0-28113 (10SB12G)   ·   Correction:  This Filing was Corrected by the SEC on 3/6/00. ®

Previous ‘10-12G’:  None   ·   Next:  ‘10-12G’ on 3/3/00   ·   Latest:  ‘10-12G/A’ on 7/7/00

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

11/15/99  Telemonde Inc                     10-12G®               32:1.3M                                   Donnelley R R & S… 02/FA

Registration of Securities (General Form)   —   Form 10
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10SB12G     Form 10                                              130    474K 
 2: EX-2.1      Stock Purchase Agreement                              33     84K 
 3: EX-2.2      Agreement Dated Nov. 8, 1999                          43    157K 
 4: EX-2.3      Agreement and Plan of Merger                           2     18K 
 5: EX-2.4      Share Purchase Agreement Dated Aug. 9, 1999           45    147K 
 6: EX-2.5A     Share Purchase Agreement Dated Oct. 22,1999           51    170K 
 7: EX-2.5B     Share Purchase Agreement Dated Oct. 22, 1999           8     27K 
 8: EX-3.1A     State of Delaware                                      5     25K 
 9: EX-3.1B     Articles of Merger                                     2     14K 
10: EX-3.2      By-Laws of Telemonde                                  15     65K 
11: EX-4.1      Telemonde                                              2     13K 
12: EX-4.2      Registration Rights Agreement                         14     64K 
13: EX-4.3      Registration Rights Agreement                         10     50K 
14: EX-10.1     Warrant                                               14     60K 
26: EX-10.10    Composite Guarantee and Debenture                     28     84K 
27: EX-10.11    Loan Facility Agreement                               26     72K 
15: EX-10.2     Warrant                                               13     50K 
16: EX-10.3     Consulting Agreement                                   4     26K 
17: EX-10.4     Service Agreement for                                 13     57K 
18: EX-10.4A    Schedule of Employment Terms                           1     11K 
19: EX-10.5     Capacity Sales Agreement                              29     73K 
20: EX-10.5A    Promissory Note                                        1     11K 
21: EX-10.5B    Promissory Note                                        1     11K 
22: EX-10.6     Capacity Purchase Agreement                           23     88K 
23: EX-10.7     Transmission Capacity Agreement                       19     64K 
24: EX-10.8     Transmission Capacity Agreement                       22     76K 
25: EX-10.9     Transmission Capacity Agreement                       23     65K 
31: EX-21       List of Subsidiaries                                   1     10K 
32: EX-27       Financial Data Schedule                                2     12K 
28: EX-99.1     Heads of Agreement                                     4     24K 
29: EX-99.2     Agreement                                             17     69K 
30: EX-99.3     Term Sheet                                             2     12K 


EX-99.3   —   Term Sheet

EX-99.31st Page of 2TOCTopPreviousNextBottomJust 1st
 

Exhibit 99.3 TERM SHEET FOR THE PURCHASE OF 16% TO 51% OF DESERTEL Purchaser: Telemonde, Inc. or EquiTel Communications Limited Seller: Sheikh Ahmed Farid Assets to be Purchased: A minimum of 16% and a maximum of 51% of the issued and outstanding share capital of Desert Telecommunications Services LLC (DeserTel) of PO Box 954, Al Khuwair, PC133, Sultanate of Oman Purchase Price: Using the Brown Shipley valuation of EquiTel of $64 million as the minimum basis, Seller may appoint an independent evaluator to determine the value of EquiTel. the Purchaser must consent to the independent evaluator chosen by the Seller, which consent shall not unreasonably be withheld. In the event Purchaser and Seller disagree with the evaluation determined by the independent evaluator, the parties agree to choose a mutually acceptable arbitrator who will determine the final valuation of EquiTel. The decision made by the arbitrator shall be final and binding upon the parties. Additional Purchase Price: An additional sum of $5 million shall be paid to the Seller for the control premium of DeserTel; provided however, that the $5 million may be increased or decreased based upon the determination of the independent evaluator. In the event Purchaser and Seller disagree with the evaluation of the control premium determined by the independent evaluator, the parties also agree to submit to the arbitrator the amount of the control premium, who will determine the final figure. The decision made by the arbitrator shall be final binding upon the parties. Consideration The Purchase Price and the Additional Purchase Price of $5 million (or such other amount determined by the independent evaluator or arbitrator, as the case may be) shall be payable in restricted shares of common stock of Telemonde, Inc.
EX-99.3Last Page of 2TOC1stPreviousNextBottomJust 2nd
Agreed to and accepted this 8th day of November, 1999. /s/ Kevin Maxwell ----------------------------- Telemonde, Inc. By: Kevin Maxwell ------------------------- Its: CHAIRMAN ------------------------- /s/ Sheikh Ahmed Farid ----------------------------- Sheikh Ahmed Farid
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Filing Submission 0000950130-99-006504   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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