13D Filing: Elliott Associates, L.P. and Akamai Technologies Inc (AKAM)

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Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER

Elliott and Elliott International
have entered into notional principal amount derivative agreements in the form of physically settled swaps (the
Physical Derivative Agreements“) with respect to 980,436 and 2,083,425 shares of Common Stock of the
Issuer, respectively, that the Reporting Persons may be deemed to beneficially own upon satisfaction of certain
conditions. Collectively, the Physical Derivative Agreements held by the Reporting Persons represent economic
exposure comparable to an interest in approximately 1.8% of the shares of Common Stock. The counterparties to the
Physical Derivative Agreements are unaffiliated third party financial institutions.

Elliott, through The Liverpool Limited
Partnership, a Bermuda limited partnership and a wholly-owned subsidiary of Elliott (“Liverpool“), and Elliott
International have entered into notional principal amount derivative agreements in the form of cash settled swaps (the “Cash
Derivative Agreements
“) with respect to 1,912,894 and 4,064,899 shares of Common Stock of the Issuer, respectively (representing
economic exposure comparable to 1.1% and 2.4% of the shares of Common Stock of the Issuer, respectively). Collectively, the Cash
Derivative Agreements held by the Reporting Persons represent economic exposure comparable to an interest in approximately 3.5%
of the shares of Common Stock. The Cash Derivative Agreements provide Elliott and Elliott International with economic results
that are comparable to the economic results of ownership but do not provide them with the power to vote or direct the voting or
dispose of or direct the disposition of the shares that are referenced in the Cash Derivative Agreements (such shares, the “Subject
Shares
“). The Reporting Persons disclaim beneficial ownership in the Subject Shares. The counterparties to the Cash Derivative
Agreements are unaffiliated third party financial institutions. In addition, Elliott and Elliott International have sold 320 and
680 put option contracts, respectively, to unaffiliated third party financial institutions which may be settled by such counterparties
by putting Physical Derivative Agreements to Elliott or Elliott International.

On December 15, 2017 Elliott, Elliott International
and EICA entered into a Joint Filing Agreement (the “Joint Filing Agreement“) in which the parties agreed to the
joint filing on behalf of each of them of statements on Schedule 13D with respect to the securities of the Issuer to the extent
required by applicable law. The Joint Filing Agreement is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Except
as described above in this Item 6, none of the Reporting Persons has any contracts, arrangements, understandings or relationships
with respect to the securities of the Issuer.

Item 7.
EXHIBITS
 
Exhibit Description
Exhibit 99.1 – Joint Filing Agreement
Schedule 1 – Transactions of the Reporting Persons Effected During the Past 60 Days

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