AMENDMENT N° 13

 

 

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     Iridium / Thales Alenia Space Confidential & Proprietary

 

 

 

 

 

PREAMBLE

 

This Amendment N° 13 (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 25th day of October, 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, Purchaser and Contractor have engaged in discussions relating to
changes the Parties would like to incorporate in the Contract to modify certain
Milestones;

 

WHEREAS, the Parties now desire to amend the Contract in accordance with the
terms and conditions as specified herein.

 

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:   Article 1 of the Contract is hereby revised to add the following
definitions.

 

“[***]” means the [***].

 

“[***]” means an [***].

 

“[***]” means an [***].

 

“[***]” means the [***].

 

“[***]” means the [***].

 

“[***]” means the [***].

 

“[***]” means an [***].

 

“[***]” means the [***].

 

“[***]” means the [***].

 

“[***]” means the [***].

 

“[***]” or “[***]” means the [***].

 

“[***]” means the [***].

 

*** 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

 

 

“[***]” means the [***].”

 

“[***]” means the [***].

 

“[***]” means the [***].

 

 

Article 3:    Milestones [***] and [***] set forth in Exhibit D (Payment Plan)
of the Contract are hereby deleted and replaced in their entirety with the
following:

 

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

 

 

Article 4:    The closure criteria for the Milestones set forth in Article 2
above shall be as follows:

 

a.Milestone [***] – (1) All success criteria applicable to Milestone [***], as
set forth in the SOW, have been met; (2) All action items [***] are closed; (3)
[***] or more [***] have been built and tested [***]; (4) [***] qualification
has been completed; and (5) [***] is complete [***].

 

b.Milestone [***] – (1) [***] is complete [***]; and (2) [***] design is updated
based on [***].

 

c.Milestone [***] – (1) All success criteria applicable to Milestone [***], as
set forth in the SOW, with the exception of [***], have been met; and (2) All
action items [***] are closed.

 

d.Milestone [***] – (1) All [***] requirements are complete [***] and
implemented in design documentation; and (2) All [***] are closed.

 

e.Milestone [***] – (1) All success criteria applicable to Milestone [***], as
set forth in the SOW, with the exception of [***], have been met; and (2) All
action items [***] are closed.

 

f.Milestone [***] – (1) [***] validate [***] and verify compliance with [***]
requirements; (2) [***] is successfully [***] with [***]; (3) All changes [***]
are included in the baseline design and all [***] requirements are complete and
mapped from the [***] to the [***], and implemented in design documentation; and
(4) All [***] are closed.

 

*** 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 5: As consideration for Purchaser’s agreement to make the Milestone
adjustments set forth herein, Contractor agrees to:

 

a.include [***] and [***] in [***] and in [***];

 

b.accept additional criteria [***] on [***];

 

c.confirm that the [***] will be implemented [***];

 

d.perform and deliver the [***] study, as set forth in [***], to Iridium [***];
and

 

e.incorporate the [***], including [***], and [***] into [***], at a cost to
Iridium that shall not exceed [***] US Dollars (US$[***]); such agreed to amount
to be deducted from the Adjustment, leaving a remaining Adjustment balances of
[***] U.S. Dollars (US$[***]). Purchaser and Contractor shall work together in
good faith to determine if the overall cost of the change can feasibly be
further reduced by reducing the scope to [***], and if so, then [***].

 

Article 6: The effective date of this Amendment shall be the date when all of
the following conditions have been fulfilled (with respect to (B) below, as
confirmed in writing by Purchaser to Contractor promptly upon occurrence):

 

(A)Signature of the Amendment by both Parties; and

 

(B) Notification of Contractor by Purchaser that Purchaser has [***].

 

 

Article 7: 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 8: 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

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