Exhibit 10.3
CONFIDENTIAL TREATMENT

Portions of this exhibit have been omitted pursuant to a request for
confidential treatment filed with the Securities and Exchange Commission
pursuant to Rule 24b-2 under the Securities Exchange Act of 1934. Such portions
are marked “[*]” in this document; they have been filed separately with the
Commission.
 
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AMENDMENT NO. 3

TO

CONTRACT NUMBER GINC-C-08-0390

BETWEEN

GLOBALSTAR, INC.

AND

HUGHES NETWORK SYSTEMS, LLC

FOR

RADIO ACCESS NETWORK (RAN)
AND USER TERMINAL SUBSYSTEM
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
HUGHES AND GLOBALSTAR CONFIDENTIAL AND PROPRIETARY

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This Amendment No. 3 ("Amendment") is entered into effective as of September 21,
2009 ("Effective Date"), by and between Hughes Network Systems, LLC, a limited
liability company organized under the laws of Delaware (hereinafter referred to
as the "Contractor") with its principal place of business at 11717 Exploration
Lane Germantown, Maryland 20876 USA, and Globalstar, Inc., a company
incorporated under the laws of Delaware with its principal place of business at
461 South Milpitas Boulevard, Milpitas, California 95035 (hereinafter referred
to as "Globalstar" or "Customer").  As used herein, Contractor and Globalstar
may be referred to individually as a "Party" and collectively as the "Parties".

WHEREAS, the Parties entered into Contract No. GINC-C-08-0390 for the delivery
of the Radio Access Network (RAN) and the User Terminal Subsystem (UTS)
("Contract");

WHEREAS, the Parties entered into a Letter Agreement, dated September 22, 2008,
for the deferral of payment of certain Payment Milestones ("Deferred Payments")
under the Contract, subject to interest;

WHEREAS, the Parties entered into Amendment No. 1, dated June 16, 2009, to the
Contract for the payment of the Deferred Payments with interest, the PDR Payment
Milestone and advance payments;

WHEREAS, the Parties entered into Amendment No. 2, dated August 28, 2009, to the
Contract to extend the schedule of the RAN and UTS program by fifteen (15)
months and to revise certain payment milestones and program milestones to
reflect the revised program timeline;

WHEREAS, Amendment No. 2 also called for the Parties to mutually agree on a
revised program milestone schedule and amend Exhibit A, Statement of Work to
incorporate the revised schedule;

WHEREAS, the Parties have agreed on a revised program milestone schedule and now
desire to amend the Statement of Work to incorporate the revised program
milestone schedule;

NOW, THEREFORE, in consideration of the mutual promises and covenants contained
herein, and intending to be legally bound hereby, the Parties agree to amend the
Contract as follows:

1.           Exhibit A, Statement of Work (Revision A), dated May 1, 2008, shall
be deleted and replaced in its entirety by a new Exhibit A, Statement of Work
(Revision B), dated September 18, 2009.

2.           This Amendment shall be governed by and interpreted according to
the laws of the state of New York.

3.           This Amendment may be signed in counterparts and each original
counterpart shall be deemed binding on each Party collectively and individually.

4.           Except as amended herein, all terms and conditions of the Contract
shall remain in full force and effect.

IN WITNESS WHEREOF, the Parties hereto have signed this Amendment in duplicate.

GLOBALSTAR, INC.   HUGHES NETWORK SYSTEMS, LLC                   BY:
/s/ Paul Rosati
  BY:
/s/ Sean Fleming
  Name: 
Paul Rosati
  Name: 
Sean Fleming
  Title:
Contracts Manager
  Title:  
Senior Counsel
  Date:
September 21, 2009
  Date:
September 21, 2009
 

 
2
HUGHES AND GLOBALSTAR CONFIDENTIAL AND PROPRIETARY

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H36750

RADIO ACCESS NETWORK (RAN)
AND USER TERMINAL SUBSYSTEM (UTS)

EXHIBIT A:  STATEMENT OF WORK

Revision B

September 18, 2009
 
 
 
 
 
 
 
 
 
 
 
 
3
HUGHES AND GLOBALSTAR CONFIDENTIAL AND PROPRIETARY

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[*]
 

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