EXHIBIT 4.(a)(xviii)
This is to confirm that the following Parties have come to this AGREEMENT:
▇▇▇▇▇.web N.V., ▇▇▇▇▇ Networks N.V. and Volendam Investeringen N.V. have come to
this Agreement under the following terms:
o ▇▇▇▇▇.web N.V. will repay the debt owed to Volendam (USD 624,035) in 12
monthly instalments of USD 52,002.91, the first of these being made on
October 31, 2001.
o ▇▇▇▇▇.web N.V. will pay interest on the outstanding debt at 2.0% above
one month LIBOR calculated from January 26, 2001 until payment on
September 30, 2002. Interest will be paid in the final instalment
o ▇▇▇▇▇ Networks N.V. agrees to guarantee the debt and interest due from
▇▇▇▇▇.web N.V. as per the above 2 points.
o Volendam will release the order that it has filed at the three banks in
the Netherlands and notify the banks of this accordingly.
o This will be in full and final settlement of all monies due from ▇▇▇▇▇
Networks N.V. or any part of the ▇▇▇▇▇ Networks group (including
▇▇▇▇▇.web) to Volendam.
Thus signed on September 28, 2001 by:
/s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ /s/ ▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇ ▇▇▇▇▇
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▇▇▇▇▇.web N.V. Volendam Investeringen N.V.
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
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▇▇▇▇▇ Networks N.V.
