AMENDMENT N° 14

 

 

TO THE

 

 

FULL SCALE SYSTEM DEVELOPMENT CONTRACT

 

No. IS-10-021

 

Between

 

Iridium Satellite LLC

 

And

 

THALES ALENIA SPACE FRANCE

 

for the

 

IRIDIUM NEXT SYSTEM

 

 

 

 

 

 

 

 

 

 

 

 

 

*** Certain confidential information contained in this document, marked by
brackets, has been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as
amended.

 

Execution Copy

 

 

 

 

 

 

PREAMBLE

 

This Amendment N° 14 (the “Amendment”) to the Full Scale System Development
Contract No. IS-10-021 signed on June 1, 2010 between Iridium Satellite LLC and
Thales Alenia Space France for the Iridium Next System, as amended, (the
“Contract”) is entered into on this 8th day of November, 2012 by and between
Thales Alenia Space France, a company organized and existing under the laws of
France, having its registered office at 26 avenue Jean François Champollion
31100 Toulouse – FRANCE (“Contractor”), and Iridium Satellite LLC, a limited
liability company organized under the laws of Delaware, having an office at 1750
Tysons Boulevard, Suite 1400, McLean, VA 22102 - USA (“Purchaser”).

 

RECITALS

 

WHEREAS, the Parties have agreed to incorporate [***] and [***] (“[***]”) into
the [***] according to the requirements set forth in [***] dated [***] and
[***]; and

 

WHEREAS, Purchaser issued a letter, dated [***], authorizing Contractor to
proceed with work necessary to incorporate [***] and [***] into the [***], which
is superseded by this Amendment; and

 

WHEREAS, the Parties have reached agreement on the total price for incorporation
of [***] and [***] into the [***].

 

NOW, THEREFORE, in consideration of the premises and for good and valuable
consideration, the receipt and adequacy of which are hereby expressly
acknowledged, and intending to be legally bound, the Parties hereby agree as
follows:

 

Article 1:   Capitalized terms used but not defined in this Amendment shall have
the meanings ascribed thereto in the Contract or any amendments thereto, as the
case may be.

 

Article 2:   The cost to implement [***],[***] U.S. Dollars (US$[***]), shall be
accounted for as follows:

 

(i)    [***] U.S. Dollars (US$[***]) of this total amount shall be deducted from
the Adjustment, leaving no remaining Adjustment balance; and

  

(ii)   the Base Contract Price set forth in Article 4.1 of the Contract is
hereby increased by [***] U.S. Dollars (US$[***]) to a new Base Contract Price
of not more than [***] U.S. Dollars (US$[***]).

 

Article 3: All Contract Milestones, except for those listed below and contained
in Article 4 herein, will not contain [***].

 

·         [***]

 

 

*** Certain confidential information contained in this document, marked by
brackets, has been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as
amended.

 

Execution     Copy   Iridium / Thales Alenia Space Confidential & Proprietary

 

1

 

 

Article 4: Exhibit D of the Contract is hereby revised to add the following
separate milestone payment schedule applicable to the implementation of [***].

 

[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]

 

Article 5: Table 10-1 set forth in Section 10 of the SOW is hereby revised by
the addition of the following [***] items.

 

[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***]

 

Article 6: Section 11 of Exhibit B is hereby revised to add the following
separate [***]-related milestones and milestone reviews.

 

[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]

 

 

Article 7: Appendix A of the SOW is hereby revised by the addition of the
following Deliverable Data applicable to the implementation of [***].

 

[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
[***]

[***]

 

*** Certain confidential information contained in this document, marked by
brackets, has been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as
amended.

 

Execution     Copy Iridium / Thales Alenia Space Confidential & Proprietary

 

2

 

 

Article 8: This Amendment may be executed and delivered (including via facsimile
or other electronic means) in one or more counterparts, each of which shall be
deemed to be an original, but all of which shall constitute one and the same
agreement.

 

Article 9: All other provisions of the Contract not expressly referred to in
this Amendment remain in full force and effect.

 

IN WITNESS WHEREOF, the Parties have executed this Amendment by their duly
authorized officers as of the date set forth in the Preamble.

 

IRIDIUM SATELLITE LLC     THALES ALENIA SPACE FRANCE   /s/ S. Scott Smith    
/s/ Nathalie Smirnov   S. Scott Smith     Nathalie Smirnov   Executive Vice
President,     Senior Vice President   Satellite Development & Operations    
System & Payload – Telecom  

 

*** Certain confidential information contained in this document, marked by
brackets, has been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as
amended.

 

Execution     Copy Iridium / Thales Alenia Space Confidential & Proprietary

 

3