AMENDMENT NO. 3


 


TO THE 


 


CONTRACT FOR LAUNCH SERVICES


 


NO. IS-10-008


 


BETWEEN


 


IRIDIUM SATELLITE LLC


 


AND


 


SPACE EXPLORATION TECHNOLOGIES CORP.


  


*** 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
& Space Exploration Technologies Corp. Proprietary Information


 


 




    	 



    	 



    

 


PREAMBLE


 


This Amendment No. 3 (the “Amendment”)
to the Contract for Launch Services No. IS-10-008, signed on March 19, 2010 between Iridium Satellite LLC and Space Exploration
Technologies Corp. (the “Contract”) is entered into on this 9th day of May, 2013, by and between
Iridium Satellite LLC, a limited liability company organized and existing under the laws of Delaware, having its office at 1750
Tysons Boulevard, Suite 1400, McLean, VA 22102 (“Customer”) and Space Exploration Technologies Corp., a Delaware
corporation, having its office at 1 Rocket Road, Hawthorne, CA 90250 (“Contractor”).


 


RECITALS


 


WHEREAS, Customer and Contractor
have engaged in discussions relating to certain changes to the Contract; and


 


WHEREAS, the Parties now desire
to amend Articles 2 and 11 of the Contract.


 


NOW, THEREFORE, in consideration
of the foregoing, the agreements contained herein, the payments to be made by Customer to Contractor under the Contract and other
good and valid consideration, the receipt and adequacy of which are hereby expressly acknowledged, and intending to be legally
bound, the Parties agree as follows:


 


Article 1:     Capitalized
terms used but not defined in this Amendment shall have the meanings ascribed thereto in the Contract.


 


Article 2:     Section
2.1.2 of the Contract is hereby modified by (i) deleting the words “[***]” months after EDC” immediately following
the text “no later than” in the second sentence and (ii) inserting the words “[***]” in place thereof.


 


Article 3:      The
following Section 2.6 is added.


 


“Contractor agrees that
it will have no need for the “[***]” after “[***]”.”


 


Article 4:      Section
11.1.1(C) is hereby modified by (i) deleting the text “No later than “[***]” ...” and replacing them
with the text “No later than “[***]” ...”.


 


Article 5:      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.


 


*** 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
& Space Exploration Technologies Corp. Proprietary Information




 






    	2



    	 



    




 


Article 6:     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.


 


	For Customer	 	For
    Contractor
	 	 	 
	IRIDIUM SATELLITE LLC	 	
        SPACE EXPLORATION

        TECHNOLOGIES CORP.

	 	 	 
	Signature:	/s/ S. Scott Smith	 	Signature:	/s/ Gwynne Shotwell
	 	 	 	 	 
	Name:	S. Scott Smith	 	Name:	Gwynne Shotwell
	 	 	 	 	 
	Title:	Executive Vice President, Satellite Development & Operations	 	Title:	President


 


*** 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
& Space Exploration Technologies Corp. Proprietary Information


 


 


 




    	3