Exhibit 10.1
October 12, 2010
ViaSat, Inc.
6155 El Camino Real
Carlsbad, CA 92009
Attention: Paul Konopka, Esq.
Re: Liens Securing ViaSat Peru Intercompany Indebtedness — Sixth Amendment
Gentlemen:
     We refer to that certain Fourth Amended and Restated Revolving Loan
Agreement dated as of July 1, 2009 among ViaSat, Inc., a Delaware corporation
(the “Borrower”), each lender from time to time party thereto, Union Bank, N.A.,
as Administrative Agent (in such capacity, “Administrative Agent”), Bank of
America, N.A., as Syndication Agent, JPMorgan Chase Bank, N.A., Compass Bank and
Wells Fargo Bank, National Association, as Co-Documentation Agents, Banc of
America Securities LLC and Union Bank, N.A., as Joint Lead Arrangers and Joint
Book Runners, and Union Bank, N.A., as Collateral Agent, (as amended, modified
or supplemented from time to time, the “Credit Agreement.”) Capitalized terms
used herein and not defined shall have the meanings assigned to them in the
Credit Agreement.
     The Borrower has informed the Lenders and the Administrative Agent that it
from time to time makes loans to its Subsidiary, ViaSat Peru S.R.L. (“ViaSat
Peru”), as permitted by Section 6.10(c) of the Credit Agreement, for purposes of
purchasing equipment and now desires for those loans to be secured.
     The Borrower has requested, and the Requisite Lenders have agreed,
effective as of the date first set forth above, to amend Section 6.9 of the
Credit Agreement to allow the intercompany Indebtedness and Guaranty Obligations
permitted by Section 6.10(c) of the Credit Agreement to be secured. Accordingly,
Section 6.9 is amended as follows: (1) the word “and” is moved from the end of
clause (g) to the end of clause (h) and (2) a new clause (i) is added to read as
follows:
     “(i) Liens securing Indebtedness and Guaranty Obligations permitted by
Section 6.10(c).”
     The governing law and venue provisions of Section 11.17 of the Credit
Agreement are incorporated herein by this reference mutatis mutandis. This
letter amendment may be executed in two or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one
instrument. Delivery of an executed counterpart hereof by facsimile or
electronic transmission shall be effective as delivery of a manually executed
counterpart. Except

 

--------------------------------------------------------------------------------

 

as amended hereby, all of the provisions of the Credit Agreement and the other
Loan Documents shall remain unmodified and in full force and effect except that
each reference to the “Agreement”, or words of like import in any Loan Document,
shall mean and be a reference to the Credit Agreement as amended hereby. This
letter amendment shall be deemed a “Loan Document” as defined in the Credit
Agreement.
[Remainder of page intentionally left blank; Signature pages to follow]

 

--------------------------------------------------------------------------------

 

     If you are in agreement with the foregoing, please execute this letter is
the space provided below.

                  Very truly yours,    
 
                VIASAT, INC.    
 
           
 
  By:
Name:   /s/ Ronald G. Wangerin
 
Ronald G. Wangerin    
 
  Title:   Vice President and Chief Financial Officer    

[VIASAT — SIXTH AMENDMENT TO FOURTH A&R REVOLVING LOAN AGREEMENT]

 

--------------------------------------------------------------------------------

 

                  UNION BANK, N.A., as Administrative Agent    
 
           
 
  By:
Name:   /s/ Mark Adelman
 
Mark Adelman    
 
  Title:   Vice President    

                  UNION BANK, N.A.,         as Collateral Agent    
 
           
 
  By:
Name:   /s/ Mark Adelman
 
Mark Adelman    
 
  Title:   Vice President    

                  UNION BANK, N.A.,         as a Lender and Swing Line Lender  
 
 
           
 
  By:
Name:   /s/ Mark Adelman
 
Mark Adelman    
 
  Title:   Vice President    

[VIASAT — SIXTH AMENDMENT TO FOURTH A&R REVOLVING LOAN AGREEMENT]

 

--------------------------------------------------------------------------------

 

                  BANK OF AMERICA, N.A.,         as a Lender    
 
           
 
  By:
Name:   /s/ Christopher D. Pannacciulli
 
Christopher D. Pannacciulli    
 
  Title:   Senior Vice President    

[VIASAT — SIXTH AMENDMENT TO FOURTH A&R REVOLVING LOAN AGREEMENT]

 

--------------------------------------------------------------------------------

 

                  BANK OF THE WEST,         as a Lender    
 
           
 
  By:
Name:   /s/ Alyssa Pearson
 
Alyssa Pearson    
 
  Title:   Vice President    

[VIASAT — SIXTH AMENDMENT TO FOURTH A&R REVOLVING LOAN AGREEMENT]

 

--------------------------------------------------------------------------------

 

                  CALIFORNIA BANK & TRUST,         as a Lender    
 
           
 
  By:
Name:   /s/ Steve De Long
 
Steve De Long    
 
  Title:   Senior Vice President    

[VIASAT — SIXTH AMENDMENT TO FOURTH A&R REVOLVING LOAN AGREEMENT]

 

--------------------------------------------------------------------------------

 

                  COMPASS BANK,         as a Lender    
 
           
 
  By:
Name:   /s/ Andrew M. Widmer
 
Andrew M. Widmer    
 
  Title:   Vice President    

[VIASAT — SIXTH AMENDMENT TO FOURTH A&R REVOLVING LOAN AGREEMENT]

 

--------------------------------------------------------------------------------

 

                  CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,         as a Lender  
 
 
           
 
  By:
Name:   /s/ Bill O’Da
 
Bill O’Da    
 
  Title:   Director    
 
           
 
  By:
Name:   /s/ Vipul Dhadda
 
Vipul Dhadda    
 
  Title:   Associate    

[VIASAT — SIXTH AMENDMENT TO FOURTH A&R REVOLVING LOAN AGREEMENT]

 

--------------------------------------------------------------------------------

 

                  WELLS FARGO BANK, NATIONAL ASSOCIATION,
as a Lender    
 
           
 
  By:
Name:   /s/ Donald S. Green
 
Donald S. Green    
 
  Title:   Vice President    

[VIASAT — SIXTH AMENDMENT TO FOURTH A&R REVOLVING LOAN AGREEMENT]