Exhibit 4.20
 FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO
CERTAIN INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN
REDACTED AND DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT
CONTAINING THE REDACTED PORTIONS HAVE BEEN FILED SEPARATELY
WITH THE SECURITIES AND EXCHANGE COMMISSION (THE COMMISSION)
SUBJECT TO A REQUEST FOR CONFIDENTIAL TREATMENT PURSUANT TO
RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 CONTRACT FOR LAUNCH SERVICES
 Between
 ILS INTERNATIONAL LAUNCH SERVICES, INC.
 and
 SATELITES MEXICANOS, S.A. DE C.V.
 23 December 2010
 ILSB-1006-4488




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 TABLE OF CONTENTS
 ARTICLE 1 DEFINITIONS
    
    
    1ARTICLE 2 SERVICES TO BE PROVIDED
    
    
    3ARTICLE 3 ORDER OF PRECEDENCE
    
    
    3ARTICLE 4 LAUNCH SERVICE PRICE
    
    
    4ARTICLE 5 PAYMENT
    
    
    5ARTICLE 6 LAUNCH SCHEDULE
    
    
    9ARTICLE 7 LAUNCH SCHEDULE ADJUSTMENTS
    
    
    9ARTICLE 8 FORCE MAJEURE
    
    
    11ARTICLE 9 COORDINATION AND COMMUNICATION BETWEEN CUSTOMER AND CONTRACTOR
    
    
    12ARTICLE 10 ADDITIONAL CONTRACTOR AND CUSTOMER OBLIGATIONS PRIOR TO LAUNCH
    
    
    13ARTICLE 11 FACTORY AND LAUNCH SITE ACCESS
    
    
    14ARTICLE 12 REPLACEMENT LAUNCH
    
    
    14ARTICLE 13 GOVERNMENTAL APPROVALS, LICENSES, CLEARANCES, PERMITS AND COMPLIANCE WITH REQUIREMENTS
    
    
    16ARTICLE 14 COMPLETION OF CONTRACTORS OBLIGATION AND RENDERING OF PAYMENT
    
    
    18ARTICLE 15 EXCLUSION OF WARRANTY, WAIVER OF LIABILITY AND ALLOCATION OF CERTAIN RISKS
    
    
    19ARTICLE 16 INSURANCE
    
    
    23ARTICLE 17 REMEDIES AND LIMITATIONS ON REMEDIES
    
    
    23ARTICLE 18 TERMINATION
    
    
    24ARTICLE 19 DISPUTE RESOLUTION
    
    
    27ARTICLE 20 CONFIDENTIALITY
    
    
    27ARTICLE 21 INTELLECTUAL PROPERTY
    
    
    29ARTICLE 22 RIGHT OF OWNERSHIP AND CUSTODY
    
    
    29ARTICLE 23 AMENDMENT
    
    
    30ARTICLE 24 GOVERNING LAW
    
    
    30ARTICLE 25 WAIVER OF BREACH
    
    
    30ARTICLE 26 ASSIGNMENT
    
    
    31ARTICLE 27 ENTIRE AGREEMENT
    
    
    31ARTICLE 28 SEVERABILITY
    
    
    31ARTICLE 29 TITLES AND HEADINGS
    
    
    31ARTICLE 30 SURVIVAL
    
    
    31
  i




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 CONTRACT FOR LAUNCH SERVICES
 ILS
International Launch Services, Inc., Satelites Mexicanos, S.A. de C.V.
 
 ARTICLE 1
DEFINITIONS
  Business Day
 Contract
   Force Majeure
 Initial Payment
 Insured Launch Activities
 Intentional Ignition
 Interface Control Document
 Launch
 Launch Date
 1




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 Launch Mission Failure
 Launch Opportunity
 Launch Period
 Launch Service
 Launch Service Price
 Launch Site
 Launch Slot
 Launch Vehicle
 Legal Bank Holiday
 Party Parties
 Related Third Parties
 Replacement Launch Service
 2




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 Replacement Satellite
 Spacecraft
 Statement of Work SOW
 Terminated Ignition
 Termination Charge
 Third Party
 
 ARTICLE 2
SERVICES TO BE PROVIDED
  
 ARTICLE 3
ORDER OF PRECEDENCE
  1.
    
    Articles 1 through 302.
    
    Exhibit 2  SATMEX 8 Proton M Breeze M Interface Control Document, valid and
incorporated into the Contract once signed by the Parties3.
    
    Exhibit 1  Proton Launch Services Statement of Work for the SATMEX 8 Program,
dated 23 December 2010, Document No. ILSB-1006-4486
 3




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 
 ARTICLE 4
LAUNCH SERVICE PRICE
 4.1
    
    Launch Service Price.
 Launch Service
    
    Launch Service PriceSATMEX 8
    
    [***]
 4




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 4.2
    
    Taxes.
 4.2.1
    
    The Launch Service Price includes all taxes, duties and other levies
imposed by the United States Government and any political subdivisions thereof,
and by any taxing authority in the Russian Federation and/or Kazakhstan Government
and any political subdivision thereof, as may be required by law to be paid by the
Contractor in full in the performance of this Contract. Contractor shall also be
responsible for all taxes, duties or other levies associated with transportation
and handling in Russia and/or Kazakhstan that may be imposed on the Spacecraft(s)
or any Customer-furnished items including but not limited to its support
equipment. Should any of the taxes, duties or levies described in the two
preceding sentences become an obligation of Customer for any reason, Contractor
shall indemnify and hold harmless Customer from such obligation and shall
reimburse Customer within thirty (30) days of Customers invoice for payment of
such amounts.4.2.2
    
    All payments by Customer under this Contract shall be made free and
clear of and without deduction or withholding for or on account of, any present or
future income, stamp or other taxes, levies, imposts, duties, charges, fees,
deductions or withholdings, (each a Tax) now or hereafter imposed, levied,
collected, withheld or assessed by the government of Mexico, any state or other
political subdivision thereof, any agency, authority, instrumentality, regulatory
body, court, central bank or other entity exercising executive, legislative,
judicial, taxing, regulatory or administrative functions of or pertaining to
government, any securities exchange and any self-regulatory organization (each, a
Governmental Authority), excluding net income taxes and franchise taxes
(imposed in lieu of net income taxes) imposed on Contractor as a result of a
present or former connection between Contractor and the jurisdiction of the
Governmental Authority imposing such tax or any political subdivision or taxing
authority thereof or therein (other than any such connection arising solely from
Contractors having executed, delivered or performed its obligations or received a
payment under, or enforced, this Contract). If any such Tax is required to be
withheld from any amounts payable hereunder, the amounts so payable to Contractor
shall be increased to the extent necessary to yield to Contractor (after payment
of all such Taxes) plus any interest or penalties or any such other amounts
payable hereunder at the rates or in the amounts specified herein.4.2.3
    
    Any taxes, duties or levies imposed on Customer furnished items,
including but not limited to the Spacecraft(s) and support equipment, shall be the
responsibility of Customer except to the extent assumed by Contractor in
accordance with Paragraph 4.2.1 above. Should any of these taxes, duties or
levies become an obligation of Contractor for any reason, Customer shall indemnify
and hold harmless Contractor from such obligation and shall reimburse Contractor
within thirty (30) days of Contractors invoice for payment of such amounts.
 
 ARTICLE 5
PAYMENT
 5.1
    
    Timing of Payments.Payment of the Launch Service Price shall be in U.S. Dollars,
subject to conditions set forth in this Article and made in accordance with the following
schedule.[***]
 5




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 Table 5.1-1: Payment Schedule
 BASELINE
    
    ALTERNATEPayment Amount Due as
    
    
    
    Payment Amount Due asa Percentage of the
    
    
    
    a Percentage of thePayment Due Date
    
    Launch Service Price
    
    Payment Due Date
    
    Launch Service PriceContract Execution
(EDC)
    
    [***]
    
    Contract Execution
(EDC)
    
    [***]L-[***] months
    
    [***]
    
    L-[***] months
    
    [***]L-[***] months
    
    [***]
    
    L-[***] months
    
    [***]L-[***] months
    
    [***]
    
    L-[***] months
    
    [***]L-[***] months
    
    [***]
    
    L-[***]months
    
    [***]L-[***] months
    
    [***]
    
    L-[***] months
    
    [***]L-[***] months
    
    [***]
    
    L-[***] months
    
    [***]L-[***] months
    
    [***]
    
    Launch Date*
    
    [***]L-[***] months
    
    [***]
    
    Total
    
    100%Launch Date*
    
    [***]Total
    
    100%
 Where L is the first day of the originally scheduled Launch Period.[***]Contractor shall have no obligation to conduct the Launch until Customer has made all payments
due prior to Launch. Any Customer delay in making a payment shall be deemed a day for day
Customer requested delay of the Launch Schedule in accordance with Paragraph 7.1 and may result
in a resequencing of the Customers Launch, unless waived by Contractor in writing.
 5.2
    
    Payment Dates.If a payment due date falls on a Saturday, Sunday or Legal Bank
Holiday, then payment shall be due on the following Business Day.
 6




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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 5.3
    
    Invoicing Instructions.All invoices to Customer will be sent to the address set
forth below:
 
   
  
  5.4
    
    Wire Transfer Instructions.All payments to Contractor will be by wire transfer to
the address set forth below and shall not be reduced by any wire transfer fee, bank
processing fee, or other fee pertaining to the rendering of payment.
 
 5.5
    
    Payment of Invoices.
 5.5.1
    
    Scheduled Payments.Contractor shall submit invoices not later than
thirty (30) days in advance of the scheduled payment due dates, except that the
invoice for the Initial Payment shall be submitted as soon as reasonably possible
after contract execution and shall be due and paid on its due date. Other
scheduled Launch Service payments
shall be made on their respective due dates, or within thirty (30) days after
Customers receipt of the corresponding invoice, whichever is later.
 7




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 5.5.2
    
    Other Than Scheduled Payments.Payment of invoices for other than
scheduled Launch Service payments shall be due and paid by invoiced party no later
[***] days after receipt of invoice by said party. For services rendered, invoices
will be sent upon completion of services except for items identified in this
Contract or its Exhibits that require in whole or in part pre-payment or
additional items ordered by Customer that require in whole or in part pre-payment.
If any portion of an invoice for other than scheduled Launch Service payments is
disputed by a party, the disputing party shall notify the invoicing party within
[***] days following the receipt of the corresponding invoice, the invoicing party
shall provide the disputing party with reasonably detailed information regarding
the disputed amount within [***] days following the disputing partys
notification. The disputing party shall pay the undisputed invoice amount by the
applicable invoice due date. Upon resolution of any disputed amount the disputing
party shall promptly pay the invoicing party any balance or amount owed to the
invoicing party pertaining to such invoice plus applicable interest in accordance
with Paragraph 5.6, calculated from the date of the original due date of payment
up to the date the payment is made.5.5.3
    
    Credit for Payment.Payments shall be deemed made when credit for
the payment amount is established in Contractors bank account set forth in
Paragraph 5.4
 5.6
    
    Interest on Payments Due.If any amount due to either Party under this Contract shall
remain unpaid after its due date, then the owing Party shall pay simple interest on such
unpaid amount to the other Party at the rate of [***]. Interest will be computed
commencing as of the day after the due date until and including the date payment is
actually made, except as provided in paragraph 5.8.2 below.5.7
    
    Accelerated Payments.In the event that the Launch Service is accelerated as
described in Article 7 entitled Launch Schedule Adjustments, the remaining payments for
such Launch Service shall be accelerated on a day-for- day basis corresponding to the
number of days by which the Launch Service was accelerated. If, as a result of such
acceleration, any payments should already have been made, such payments shall be
immediately invoiced by Contractor and shall be paid by Customer within [***] days of
receipt of invoice by Customer5.8
    
    Postponed Payments.
 5.8.1
    
    Postponements by Contractor.In the event a postponement of the
Launch Period, Launch Slot or Launch Date, as applicable, for the affected Launch
Service is attributable to Contractor for any reason including those in Article 7
entitled Launch Schedule Adjustments, the Contract payments shall be suspended
on a day-for-day basis for the length of the delay and then resumed with all
remaining payments postponed by the amount of the delay, except for any payments
due after Launch.5.8.2
    
    Postponements by Customer.In the event a postponement of the Launch
Period, Launch Slot or Launch Date, as applicable, for the affected Launch Service
is attributable to Customer for any reason including those in Article 7 entitled
Launch Schedule Adjustments, the Contract payments shall remain due as if the
Launch Period, Launch Slot or Launch Date, as applicable, had not been postponed.
[***]
 8




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 
 ARTICLE 6
LAUNCH SCHEDULE
 6.1
    
    Launch Period.The Launch Period shall be as follows:
 Table 6.1-1: Launch Period
 Launch Service
    
    Launch PeriodSATMEX 8
    
    [***]
 6.2
    
    Launch Slot.At least [***] months prior to the first day of the Launch Period for
each Launch Service, Customer will give notice to Contractor of a proposed Launch Slot
within the Launch Period, taking into account the requirements for a Launch Opportunity.
[***]. The Parties will cooperate in good faith to finalize the selection of a Launch
Slot. However, in the event that the Parties cannot mutually agree upon a Launch Slot
within [***] days of Contractors proposal, Contractor shall make such determination
taking into account the available Launch Opportunities and the requirements and interests
of Customer.6.3
    
    Launch Date.At least [***] months prior to the first day of the Launch Slot for each
Launch Service, Contractor will give notice to Customer of a proposed Launch Date within
the Launch Slot, taking into account the requirements for a Launch Opportunity. The
Parties will cooperate in good faith to finalize the selection of a Launch Date. However,
in the event that the Parties cannot mutually agree upon a Launch Date within [***] days
of Contractors proposal, Contractor shall make such determination taking into account the
available Launch Opportunities and the requirements and interests of Customer.
 
 ARTICLE 7
LAUNCH SCHEDULE ADJUSTMENTS
 7.1
    
    Customer Launch Schedule Adjustments.
 7.1.1
    
    Customer may request either a postponement or advancement of the
Launch Period, Launch Slot or Launch Date by giving written notice to the
Contractor representative set forth in Paragraph 9.2 requesting a new Launch
Period, Launch Slot or Launch Date. The Parties will cooperate in good faith to
select a new Launch Period, Launch Slot or Launch Date. However, in the event that
the Parties cannot mutually agree within [***] days of Customers notice (or such
shorter time period as Contractor may determine, in light of the proximity to the
Launch), Contractor shall make such determination taking into account the
available Launch Opportunities and the requirements and interests of Customer.
Until a new Launch Period, Launch Slot or Launch Date is selected in accordance
with this Paragraph 7.1, the then-current launch schedule shall remain in effect.7.1.2
    
    Failure to Make Timely Payments. In the event the Customer fails to
make a payment on the due date for said applicable payment, the days of delay in
making such payment shall be deemed a day for day Customer requested postponement
of
 9




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 the Launch Schedule in accordance with Paragraph 7.1.1 above and may result in
the resequencing of the Customers Launch, unless waived by the Contractor in
writing. [***]. The provisions of this paragraph do not in any manner waive or
otherwise affect Contractors right to terminate under Paragraph 18.3 or
Contractors right to interest for late payments under Paragraph 5.6.7.1.3
    
    If the launch schedule adjustment results in a later Launch Period,
Launch Slot or Launch Date, then only the total number of calendar days of delay
originally requested by Customer shall be attributed to Customer. Any delay in the
Launch Period, Launch Slot or Launch Date resulting from the determination of a
Launch Period, Launch Slot or Launch Date, as applicable, by Contractor in excess
of the delay requested by Customer shall not be deemed to be attributed to
Contractor or Customer.7.1.4
    
    Postponements by Customer under this Article 7 for each Launch
Service shall not exceed a total of [***] months provided, however, that the
Launch Service Price shall increase by [***] including any portion thereof if
Customer postponements equal or exceed [***] months. In the event that a single
postponement, or cumulative postponements, attributed to Customer exceed such
maximum permissible postponement of [***] months for any one Launch Service that
Launch Service shall, at the election of Contractor, be subject to termination by
Contractor in accordance with Paragraph 18.4 of this Contract entitled
Termination by Contractor for Excessive Launch Postponements.7.1.5
    
    Should Customer request or cause postponement of a Launch Date
where, in the sole judgment and discretion of Contractor, the postponement
requires that the Spacecraft be de-mated from the Launch Vehicle and/or the Launch
Vehicle or part thereof be removed from the launch pad so that Contractor will be
able to meet other contractual commitments, Russian Federation Government
requirements, access by Customer or its Related Third Parties to the Spacecraft or
for any other operational or safety reasons, Customer will be liable for the costs
incurred for such effort, [***].
 7.2
    
    Contractor Launch Schedule Adjustments.Contractor may postpone or request an
advancement of the Launch Period, Launch Slot or Launch Date by giving notice to Customer
proposing a new Launch Period, Launch Slot or Launch Date. The Parties will cooperate in
good faith to select a new Launch Period, Launch Slot or Launch Date. However, in the case
of a postponement, if the Parties cannot mutually agree within [***] days of Contractors
proposal (or such shorter time period as Contractor may determine, in light of the
proximity to the Launch), Contractor shall make such determination in good faith taking
into account the available Launch Opportunities and the requirements and interests of
Customer. [***].
 7.2.1
    
    If the final launch schedule adjustment results in a later Launch
Period, Launch Slot or Launch Date, then the total number of calendar days of
delay originally requested by Contractor shall be attributed to Contractor.7.2.2
    
    Postponements by Contractor under this Article 7 shall not exceed a
total of [***] months for each Launch Service. In the event that a single
postponement, or cumulative postponements, attributed to Contractor exceed such
maximum permissible postponement for any one Launch Service that Launch Service
shall, at the election of Customer, be subject to termination by Customer in
accordance with Paragraph 18.1 entitled Termination by Customer for Excessive
Launch Postponement
 10




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 7.2.3
    
    Should Contractor request or cause postponement of a Launch Date
where, in the sole judgment and discretion of Contractor, the postponement
requires that the Launch Vehicle or part thereof be removed from the launch pad so
that Contractor will be able to meet other contractual commitments, Russian
Federation requirements, access by Customer or its Related Third Parties to the
Spacecraft or for other operational or safety reasons, [***].
 7.3
    
    Postponements Attributed to Non-Complying Party under Article 10.Should the failure
of either Party to provide required data, information, hardware and services result in a
delay to the launch schedule, then a postponement shall be attributed to the non-complying
Party under this Article 7 upon notice by the other Party. Requirements to provide data,
information, hardware and services, delays and the length of postponement chargeable to
the non-complying Party are described in Article 10 entitled Additional Contractor and
Customer Obligations Prior to Launch.7.4
    
    Obligation to Give Prompt Notice.Contractor and Customer acknowledge and agree that
it is in the best interests of both Parties to promote certainty in launch schedule
decisions and minimize disruption to other customers of Contractor. Therefore, the Parties
agree to give prompt notice of any need for schedule change under this Article 7 or any
actual or potential delay that might impact the launch schedule.7.5
    
    Force MajeureForce Majeure, as defined in Article 8 entitled Force Majeure, which
causes postponement(s) of a Launch Service(s) but does not exceed a cumulative total per
Launch Service of [***] days, shall not be included in determining the length of a
postponement attributable to that Party under this Article 7. Force Majeure in excess of
[***] days shall be included in determining the length of a postponement attributed to a
Party.
 
 ARTICLE 8
FORCE MAJEURE
 8.1
    
    Force Majeure DefinedExcept as specifically provided under Paragraph 7.5 above,
neither Party shall be liable to the other in the event of a delay in the performance of
its obligations or commitments, and the date on which those obligations are to be
fulfilled shall be extended for the period of time of such delay, when the delay was due
to causes beyond the control and not due to the fault or negligence of the Party subject
to the delay. Subject to the foregoing, Force Majeure shall include, but not be limited
to, the following: Acts of God, unforeseeable circumstances, acts (including delay or
failure to act) of any governmental authority (in its sovereign or contractual
capacities), inability of either Party to obtain any necessary export licenses, acts of
terrorism, armed conflict, wars (declared or undeclared), riot, revolution, hijacking,
fires strikes, freight embargoes, labor stoppage, sabotage, epidemics, interruptions of
essential services and supplies such as electricity, natural gas, fuels and water, adverse
weather or launch safety conditions provided, however, that the occurrence of any of the
above mentioned circumstances shall be considered as a Force Majeure event only if it does
not permit launching, maintenance of appropriate clearance times between flights, delays
reasonably required by Contractor to take corrective action following any launch failure
or major anomaly, delays due to any re-flight or replacement launch required under this
Contract or any
 11




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 other Customer agreement with Contractor, or any extraordinary condition that
jeopardizes the safety of employees of Contractor, Customer or their respective Related
Third Parties.8.2
    
    Notice(s) of Force MajeureContractor and Customer each acknowledge and agree that
it is in the best interests of both Parties to promote certainty in Launch Schedule
decisions and minimize disruption to other customers of Contractor. Therefore, the
Parties agree to give notice of any actual or potential Force Majeure under this Article 8
within the following [***] days of the actual Force majeure occurrence or acknowledgement
of the potential Force Majeure event.
 
 ARTICLE 9
COORDINATION AND COMMUNICATION BETWEEN CUSTOMER AND CONTRACTOR
 9.1
    
    Mission Managers.Each Party hereby identifies to the other a single Mission Manager
to coordinate the activities under this Contract. The Mission Managers of each Contractor
and Customer are not authorized to direct work contrary to the requirements of this
Contract or make modifications to this Contract. Any and all modifications to the terms,
conditions and requirements of this Contract shall be made pursuant to Article 23,
entitled Amendment.
 Contractors Mission Manager
    
    Customers Mission ManagerName: Ben Muniz
    
    Name: Jesus GutierrezTelephone: 571.633.7469
    
    Telephone: 52-55 5804 7338Telefax: 571.633.7500
    
    Telefax: 52-55
5804
7304Email: b.muniz@ilslaunch.com
    
    Email: jesus.gutierrez@satmex.com
 9.2
    
    Notices.All notices that are required or permitted to be given under this Contract
shall be in writing and shall be delivered in person or sent by electronic mail with
verification of receipt, facsimile, certified mail (return receipt requested) or air
courier service to the authorized representatives and addresses set forth below. Notices
shall be effective upon delivery in person or upon confirmation of receipt in the case of
electronic mail, facsimile, certified mail or air courier.
 12




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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 
 Notices to Contractor
    
    Notices to CustomerName: Pablo Manzur BernabeuAddress:
    
    Address:ILS International Launch Services, Inc.
    
    Satélites Mexicanos, S.A. de C.V.1875 Explorer Street, Suite 700
    
    Avenida Paseo de la Reforma 222, 20th FloorReston, Virginia 20190 U.S.A.
    
    Col. JuárezC.P. 06600México, D.F., MéxicoTelefax: 571.633.7500
    
    Telephone: + (52) 55-2629-5832Name: Mr. Carl J. Holub
    
    Telefax: + (52) 55-2629-5855Telephone: 571.633.7474
    
    Name: Dr. Dionisio M. Tun Molina(same address and fax number as above)
    
    Av. de las Telecomunicaciones S/NCol. Leyes de ReformaContel Iztapalapa Edif.. SGA-IIC. P. 09310, México, D. F.Name: Mr. Thomas P. Tshudy
    
    Telephone: +52-55 5804-7333Telephone: 571.633.7410
    
    Telefax: + (52) 55-5804-7304(same address and fax number as above)
 9.3
    
    Communications in English.All documentation, notices, reports and correspondence
under this Contract shall be submitted and maintained in the English language.
 
 ARTICLE 10
ADDITIONAL CONTRACTOR AND CUSTOMER OBLIGATIONS PRIOR TO LAUNCH
 10.1
    
    Obligation to Provide Information.Contractor shall provide to Customer the data,
information, hardware and services identified in this Contract, and Customer shall provide
to Contractor the data, information, hardware and services identified in this Contract, in
accordance with the schedules contained therein.10.2
    
    Notification of Non-Compliance.The Party receiving the data, information, hardware
or services referred to in Paragraph 10.1 shall promptly notify the other in accordance
with Paragraph 9.2 in the event the data, information, hardware or services are not
consistent with the requirements contained in this Contract, or not suitable for their
intended purpose. The notification shall contain a statement of the discrepancy and
recommend solutions. The Party receiving the notification shall provide written direction
to the other Party as to how to proceed, taking into account the recommended solutions
within [***] days following receipt of notice.10.3
    
    Impact of Non-Compliance on Launch Schedule.In the event that the data, information,
hardware or services to be supplied by one Party to the other, in accordance with
Paragraph 10.1 above, are not furnished in accordance with the required schedules set
forth in applicable
 13




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 Statement of Work, the receiving Party shall use commercially reasonable efforts to
continue its obligations under this Contract without affecting the launch schedule or
incurring additional expense. If however, despite the receiving Partys commercially
reasonable efforts, such continuation is not possible and, as a result of the other
Partys failure to provide data, information, hardware or services as required in
accordance with Paragraph 10.1 above, the launch schedule is adversely affected, then a
launch schedule postponement shall be declared by the receiving Party under the
appropriate provisions of Article 7 attributable to the Party failing to provide the
data, hardware or services as required by the Statement of Work.
 
 ARTICLE 11
FACTORY AND LAUNCH SITE ACCESS
  
 ARTICLE 12
REPLACEMENT LAUNCH
 Customer Option for Replacement Launch Service
 Launch Period for Replacement Launch Service
 Launch Slot for Replacement Launch Service
 Launch Date for Replacement Launch Service
    14




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
  Table 12.5.1 Replacement Launch Price
 Year Replacement Launch is OriginallyScheduled
    
    Launch Service Price[***]
    
    [***][***]
    
    [***]
 
 *
    
    In no event will Contractor be required to provide a Replacement Launch Service beyond [***],
inclusive of Customer delays. The Payment Terms of the Replacement Launch Service
 Table 12.6.1 Payment Terms for Replacement Launch
 Amount Due as a Percentage of the LaunchPayment Due Dates
    
    Service PriceReplacement Launch Order
    
    [***]L-[***]Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]Total
    
    100%
  15




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 The Termination Liability of the Replacement Launch Service
 Table 12.7.1 Termination Liability for the Replacement Launch Service
 Amount Due as a Percentage of the LaunchPayment Due Dates
    
    Service PriceReplacement Launch Order
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***][***]
    
    [***]
  
 ARTICLE 13
GOVERNMENTAL APPROVALS, LICENSES, CLEARANCES,
PERMITS AND COMPLIANCE WITH REQUIREMENTS
 13.1
    
    Parties Respective Obligations.Each Party is responsible for obtaining all
governmental approvals, including any licenses, clearances, permits or governmental
authorizations from any governmental authority that has jurisdiction or authority to
require such approvals, licenses, clearances, permits or authorizations necessary to carry
out such Partys respective obligations in accordance with this Contract.
 16




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 
 13.2
    
    Mutual Assistance.The Parties shall cooperate and provide each other upon request
and without cost to the other Party all reasonable and necessary assistance in obtaining
and maintaining any and all governmental approvals that they may respectively be required
to obtain to fulfill their obligations under this Contract.13.3
    
    Documentation.The Parties shall provide to each other upon request and without cost,
acceptable documentation or other reasonable evidence to show that they have obtained and
are maintaining in full force and effect any and all governmental approvals that they
respectively are required to obtain to fulfill their obligations under this Contract.13.4
    
    Spacecraft Approvals.Unless otherwise specified herein, Customer shall obtain and
maintain all governmental approvals necessary for the transfer of the Spacecraft and any
Customer-furnished items from the Spacecrafts country of origin to the Launch Site. To
the extent any U.S. Government licenses are required for the export of Spacecraft-related
technical data, Customer shall apply, or cause appropriate parties to apply, for such
licenses not later than [***] Days after it becomes legally and materially possible,
according with U.S. Government law, to apply for such licenses. To the extent any U.S.
Government licenses are required for the export of the Spacecraft, associated test,
electrical or mechanical support equipment or Spacecraft propellant, Customer shall apply,
or cause appropriate parties to apply, for such licenses not later than [***] prior to the
beginning of the Launch Period or Launch Slot, as applicable, for the applicable Launch
Service.13.5
    
    Launch Vehicle and Launch Site Approvals.Contractor shall obtain all governmental
approvals necessary for the transfer of the Launch Vehicle and any auxiliary equipment to
the Launch Site and shall obtain all governmental approvals necessary for the use of the
Launch Site and its facilities.13.6
    
    Safeguarding U.S.-Licensed Spacecraft.Contractor and Customer shall abide by and
require its Related Third Parties, as applicable, to abide by all United States, Russian
and Kazakh Government security rules and regulations pertaining to the safeguarding of
U.S.-licensed spacecraft in connection with the performance of this Contract. Such
security rules and regulations include, but are not limited to, the Government to
Government Technology Safeguards Agreement, dated January 25, 1999, and amendments
thereto, for the safeguarding of U.S.-licensed spacecraft transported to Russia and/or
Kazakhstan for launch from the Baikonur Cosmodrome, applicable licenses, technology
transfer control plans and the Launch Campaign Security Plan at Baikonur Cosmodrome.13.7
    
    Compliance with U.S. Export Requirements.
 13.7.1
    
    Each Party shall be responsible for compliance with applicable United States or
Russian Government regulations relating to the transfer by such Party of technical
data to the other Party or to Third Parties. Contractor and Customer agree that
all export/import/re-export of goods, defense services and technical data made
pursuant to this Contract shall be in strict compliance with all laws, rules and
regulations of the United States, including the United States Department of State
International Traffic in Arms Regulations (ITAR) and the Export Administration
Regulations (EAR) of the United States Department of Commerce. Additionally, it
is understood that Contractor and Customer are subject to the applicable laws and
regulations of the Russian Federation and the Republic of Kazakhstan.
 17




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 13.7.2
    
    Customer hereby agrees to identify and promptly notify Contractor of any Third
Country National (defined as a person holding citizenship or born in a country
different than the country of the company with whom they are employed) directors,
officers, agents or employees or Dual National (defined as a person born and/or
holding citizenship in more than one country, one of which is the same as the
country of the company with whom they are employed) directors, officers, agents or
employees who may participate in technical exchanges or have access to any
technical data in connection with performance of this Contract in order to support
Contractors application for approval of a Technical Assistance Agreement or other
license with the U.S. Government. For purposes of the present provision, Customer
identifies and notifies Contractor of Third Country Nationals on its behalf, on
the Exhibit 3 of the Contract. Notwithstanding the foregoing, Customer shall
notify the Contractor in writing of any modification to the information provided
above, [***].13.7.3
    
    Customer hereby agrees to identify and promptly notify Contractor of any Related
Third Parties, consultant or representatives who may participate in technical
exchanges or have access to any technical data in connection with performance of
this contract as required to support, including identification of any Third
Country Nationals or Dual Nationals as required to support Contractors
application for approval of Technical Assistance Agreement or other license with
the U.S. Government. . Notwithstanding the foregoing, Customer shall notify
Contractor in writing of any modification to the information provided above,
[***].
 13.8
    
    Contractor Assistance.Contractor will assist Customer and its Related Third Parties,
as applicable, with administrative arrangements necessary for the transportation of
personnel, the Spacecraft and related equipment or supplies from the point of entry into
the Russian Federation or Republic of Kazakhstan, as the case may be, to the Launch Site.
Such assistance to Customer and its Related Third Parties shall include assisting in
obtaining on behalf of Customer and Customers Related Third Parties, as applicable,
necessary consents and authorizations from the relevant governmental authorities for the
entry and temporary stay in the Russian Federation or the Republic of Kazakhstan, as the
case may be, of such personnel, Spacecraft and related equipment or supplies.13.9
    
    Security.Customer shall abide by and require its employees, agents, subcontractors,
and Related Third Parties to abide by all applicable United States, Russian and Kazakh
Government security rules and regulations while they are on Contractors or its Related
Third Parties premises in connection with this Contract.
 
 ARTICLE 14
COMPLETION OF CONTRACTORS OBLIGATION AND RENDERING OF PAYMENT
  18




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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 
 ARTICLE 15
EXCLUSION OF WARRANTY, WAIVER OF LIABILITY AND ALLOCATION OF CERTAIN RISKS
 15.1
    
    NO REPRESENTATIONS OR WARRANTIES.CONTRACTOR HAS NOT MADE NOR DOES IT MAKE ANY
REPRESENTATION OR WARRANTY, WHETHER WRITTEN OR ORAL, EXPRESS OR IMPLIED, INCLUDING,
WITHOUT LIMITATION, ANY WARRANTY OF DESIGN, OPERATION, CONDITION, QUALITY, SUITABILITY OR
MERCHANTABILITY OR OF FITNESS FOR USE OR FOR A PARTICULAR PURPOSE, ABSENCE OF LATENT OR
OTHER DEFECTS, WHETHER OR NOT DISCOVERABLE, WITH REGARD TO THE SUCCESS OF ANY LAUNCH OR
OTHER PERFORMANCE OF ANY LAUNCH SERVICE, INCLUDING THE LAUNCH SERVICE PROVIDED UNDER THIS
CONTRACT. WITHOUT LIMITING OR CREATING EXCEPTIONS TO THE RECIPROCAL WAIVER OF LIABILITY
SET FORTH IN Article 15 WITH RESPECT TO THE LAUNCH SERVICE PROVIDED UNDER THIS CONTRACT,
OR THE EXCLUSIVE REMEDIES SET FORTH IN Article 17, IN NO EVENT SHALL EITHER PARTY BE
LIABLE TO THE OTHER OR TO PERSONS CLAIMING BY OR THROUGH SUCH PARTY UNDER ANY THEORY OF
TORT, CONTRACT, STRICT LIABILITY, NEGLIGENCE OF ANY TYPE OR UNDER ANY OTHER LEGAL OR
EQUITABLE THEORY FOR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, INCLUDING
WITHOUT LIMITATION, COSTS OF EFFECTING COVER, LOST PROFITS, LOST REVENUES OR COSTS OF
RECOVERING A PAYLOAD OR THE SPACECRAFT, ARISING OUT OF OR RELATING TO THIS CONTRACT.15.2
    
    Waiver of Liability.
 15.2.1
    
    Contractor and Customer hereby agree to a reciprocal waiver of liability pursuant
to which each Party agrees not to bring a claim or sue the other Party, the United
States Government, the government of the Russian Federation, or the government of
the Republic of Kazakhstan, or Related Third Parties of the other Party for any
property loss or damage it sustains, including but not limited to, in the case of
Customer, loss of or damage to the Spacecraft, or any other property loss or damage,
personal injury or bodily injury, including death, sustained by any of its
directors, officers, agents and employees, arising in any manner in connection with
the performance of or activities carried out pursuant to this Contract or other
activities in or around the Launch Site or the operation or performance of the
Launch Vehicle or the Spacecraft. Such waiver of liability applies to all damages of
any sort or nature, including, but not limited to, any direct, indirect, special,
incidental or consequential damages or other loss of revenue or business injury or
loss such as costs of effecting cover, lost profits, lost revenues or costs of
recovering a payload or the Spacecraft, from damages to the Spacecraft before,
during or after Launch or from the failure of the Spacecraft to reach its planned
orbit or operate properly.15.2.2
    
    Claims of liability are waived and released regardless of whether loss, damage
or injury arises from the acts or omissions, negligent or otherwise, of either
Party or its Related Third Parties. This waiver of liability shall extend to all
theories of recovery, including in contract for property loss or damage, tort,
product liability and strict liability. In no event shall this waiver of liability
prevent or encumber enforcement of the Parties contractual rights and obligations
to each other as specifically provided in this Contract.
 19




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 15.2.3
    
    Contractor and Customer shall each extend the waiver and release of claims of
liability as provided in Paragraphs 15.2.1 and 15.2.2 to its Related Third Parties
(other than employees, directors and officers) by requiring them to waive and
release all claims of liability they may have against the other Party, its Related
Third Parties, the United States Government and its contractors and subcontractors
at every tier, the government of the Russian Federation and its contractors and
subcontractors at every tier, the government of the Republic of Kazakhstan and its
contractors and subcontractors at every tier, and to agree to be responsible for
any property loss or damage, personal injury or bodily injury, including death,
sustained by them arising in any manner in connection with the performance of or
activities carried out pursuant to this Contract or other related activities in or
around the Launch Site or Spacecraft processing area, or the operation or
performance of the Launch Vehicle or the Spacecraft.15.2.4
    
    The waiver and release by each Party and its Related Third Parties of claims of
liability against the other Party and the Related Third Parties of the other Party
extends to the successors and assigns, whether by subrogation or otherwise, of the
Party and its Related Third Parties. Each Party shall obtain a waiver of
subrogation and release of any right of recovery against the other Party and its
Related Third Parties from any insurer providing coverage for the risks of loss
for which the Party hereby waives claims of liability against the other Party and
its Related Third Parties.15.2.5
    
    In the event of any inconsistency between the provisions of this Paragraph 15.2
and any other provisions of this Contract, the provisions of this Paragraph 15.2
shall take precedence.
 15.3
    
    Indemnification  Property Loss and Damage and Bodily Injury
 15.3.1
    
    To the extent that claims of liability by Related Third Parties are not covered
by an insurance policy of either Contractor or Customer, Contractor and Customer
each agree to defend, hold harmless and indemnify the other Party and its Related
Third Parties, for any liabilities, costs and expenses (including attorneys fees,
costs and expenses), arising as a result of claims brought by Related Third
Parties of the indemnifying Party, for property loss or damage, personal injury or
bodily injury, including death, sustained by such Related Third Parties, arising
in any manner in connection with the activities carried out pursuant to this
Contract, other activities in and around the Launch Site or the Spacecraft
processing area, or the operation or performance of the Launch Vehicle or the
Spacecraft. Such indemnification applies to any claim for direct, indirect,
special, incidental or consequential damages or other loss of revenue or business
injury or loss, including but not limited to costs of effecting cover, lost
profits or lost revenues, resulting from any loss of or damage to the Spacecraft
before, during, or after Launch or from the failure of the Spacecraft to reach its
planned orbit or operate properly.15.3.2
    
    To the extent that claims of liability by Third Parties are not covered by the
third party liability insurance referred to in Paragraph 16.1 entitled Third
Party Liability Insurance, or an insurance policy of either Contractor or
Customer, Contractor will defend, hold harmless and indemnify Customer and its
Related Third Parties for any and all claims of Third Parties, for property loss
or damage, personal injury or bodily injury, including death, arising in any
manner from the operation or performance of the
 20




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 Launch Vehicle, excluding any claim for indirect, special, incidental or
consequential damages.15.3.3
    
    To the extent that claims of liability by Third Parties are not covered by the
third party liability insurance referred to in Paragraph 16.1 entitled Third
Party Liability Insurance, or an insurance policy of either Contractor or
Customer, Customer will defend, hold harmless and indemnify Contractor and its
Related Third Parties for any and all claims of Third Parties, for property loss
or damage, personal injury or bodily injury, including death, arising in any
manner from the processing, testing, operation or performance of the Spacecraft
including any claim for indirect, special, incidental or consequential damages or
other loss of revenue or business injury or loss including, but not limited to
costs of effecting cover, lost profits or lost revenues resulting from any loss of
or damage to the Spacecraft before, during or after Launch or from the failure of
the Spacecraft to reach its planned orbit or operate properly.15.3.4
    
    Notwithstanding Paragraphs 15.3.2 and 15.3.3 above, Contractor shall not be
obligated to defend, hold harmless or indemnify Customer for any claim brought by
a Third Party against Customer resulting from any damage to or loss of the
Spacecraft, whether sustained before, during or after Launch and whether due to
the operation, performance, non-performance or failure of the Launch Vehicle or
due to any other causes. [***].15.3.5
    
    The indemnification for property loss or damage, personal injury or bodily
injury, including death, provided by this Paragraph 15.3, shall be available
regardless of whether such loss, damage or injury arises from the acts or
omissions, whether negligent or otherwise, of the Party entitled to
indemnification, or its Related Third Party, as the case may be.15.3.6
    
    The right of either Party or Related Third Parties to indemnification under this
Article is not subject to subrogation or assignment and either Partys obligation
set forth herein to indemnify the other Party or Related Third Parties extends
only to that Party or those Related Third Parties and not to others who may claim
through them by subrogation, assignment or otherwise.
 15.4
    
    Indemnification  Intellectual Property Infringement
 15.4.1
    
    Contractor shall defend, hold harmless and indemnify Customer, and its Related
Third Parties for any and all claims resulting from the infringement, or claims of
infringement, of the patent rights or any other intellectual property rights of a
Third Party, that may arise from the design, manufacture or operation of the
Launch Vehicle or Contractors provision of Launch Services.15.4.2
    
    Customer shall defend, hold harmless and indemnify Contractor and its Related
Third Parties for any and all claims resulting from the infringement, or claims of
infringement, of the patent rights or any other intellectual property rights of a
Third Party, that may arise from the design, manufacture, or operation of
Customers Spacecraft or a claim alleging that the Contractor aided or enabled
infringement in the design, manufacture, or operation of Customers Spacecraft by
the furnishing of Launch Services.
 21




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 
 15.5
    
    Rights and Obligations.The rights and obligations specified in Paragraphs 15.3 and
15.4 shall be subject to the following conditions:
 15.5.1
    
    The Party seeking indemnification shall promptly advise the other Party in
writing of the filing of any suit, or of any written or oral claim alleging an
infringement of any Related Third Partys or any Third Partys rights, upon
receipt thereof; and shall provide the Party required to indemnify, at such
Partys request and expense, with copies of all relevant documentation.15.5.2
    
    The Party seeking indemnification shall not make any admission nor shall it
reach a compromise or settlement without the prior written approval of the other
Party, which approval shall not be unreasonably withheld or delayed.15.5.3
    
    The Party required to indemnify, defend and hold the other harmless shall assist
in and shall have the right to assume, when not contrary to the governing rules of
procedure, the defense of any claim or suit or settlement thereof, and shall pay
all reasonable litigation and administrative costs and expenses, including
attorneys fees, incurred in connection with the defense of any such suit, shall
satisfy any judgments rendered by a court of competent jurisdiction in such suits,
and shall make all settlement payments.15.5.4
    
    The Party seeking indemnification may participate in any defense at its own
expense, using counsel reasonably acceptable to the Party required to indemnify,
provided that there is no conflict of interest and that such participation does
not otherwise adversely affect the conduct of the proceedings.
 15.6
    
    Survival of Obligations.All indemnities, obligations, liabilities and payments
provided for in this Article 15 shall survive, and remain in full force and effect, after
the expiration or other termination of this Contract and, subject to the limitations set
forth in this Article 15, notwithstanding any other provision of this Contract to the
contrary.15.7
    
    Authority to Destroy Launch Vehicle.Any operation of the Launch Vehicle automatic
flight termination system which causes the destruction of the Launch Vehicle or Spacecraft
shall be without liability or indemnity of Contractor or Contractors Related Third
Parties to Customer or Customers Related Third Parties.Contractor shall cooperate with and provide reasonable assistance to Customer in case of
filing a claim for any insurer with regards to the indemnity for the destruction of the
Spacecraft and/or in case of Launch Failure. In accordance with the above, documentation
or information that Customer may request from Contractor shall be provided at no cost for
Customer.
 22




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##### 



FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 15.8
    
    Limitation of Liability.Except for the obligation to indemnify provided in Paragraph
15.3.1 and 15.3.2 with respect to Proton Launch Services, Contractors cumulative
liability to Customer for any and all claims that have not been waived or released
pursuant to the terms of Article 15 with respect to Proton Launch Services and any claim
to which the remedies are not limited pursuant to the terms of Article 17 entitled
Remedies and Limitations on Remedies, arising out of or relating to this Contract,
including, without limitation, any claim for termination (other than termination pursuant
to Paragraph 18.1, in which case the maximum liability shall be the reimbursement amounts
set forth therein), shall not, under any circumstances, [***].15.9
    
    Notwithstanding anything else in this Article or in the Contract to the contrary,
nothing in this Article or in this Contract will relieve either Party from liability or
damages in the event [***].
 
 ARTICLE 16
INSURANCE
 16.1
    
    Third Party Liability Insurance.Contractor shall procure and maintain in effect
insurance for third party liability to provide for the payment of claims resulting from
property loss or damage or bodily injury, including death, sustained by Third Parties
caused by an occurrence resulting from Insured Launch Activities. The insurance shall have
a limit of [***] and in the aggregate and shall be subject to standard industry exclusions
and/or limitations, including, but not limited to, exclusions and/or limitations with
regard to terrorism. Coverage for damage, loss or injury sustained by Third Parties
arising in any manner in connection with Insured Launch Activities shall attach upon
arrival of the Spacecraft at the Launch Site and will terminate upon the earlier to occur
[***] following the date of Launch, unless the Spacecraft is removed from the Launch Site
other than by Launch, in which case, coverage shall extend only until such removal. Such
insurance shall not [***] even if such claim is brought by any Third Party or Related
Third Parties.16.2
    
    Property Insurance.Contractor shall provide such insurance as may be required by
applicable law or governmental authority within Russia and/or Kazakhstan having
jurisdiction over the Launch Site.16.3
    
    Miscellaneous Requirements.The third party liability insurance shall name as named
insured Contractor and shall name as additional insureds Customer, the Government of the
United Mexican States, and the respective Related Third Parties of the Parties identified
by each Party and such other persons as Contractor may determine. Customer shall provide a
listing of additional insureds to Contractor not later than [***] months prior to the
beginning of the then-applicable Launch Slot. [***].
 
 ARTICLE 17
REMEDIES AND LIMITATIONS ON REMEDIES
  17.1
    
    Postponement of Launch Period, Launch Slot or Date.The exclusive rights and remedies
of a Party with respect to postponement of a Launch Period, Launch Slot or Launch Date
attributed
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 to the other Party shall be as provided in Paragraphs 7.1.5, 18.1 entitled Termination
by Customer for Excessive Launch Postponements, 18.4 entitled Termination by Contractor
for Excessive Launch Postponements and 18.6 entitled Termination Charge.17.2
    
    Failure to Provide Data, Information, Hardware and Services.The exclusive remedy for
failure by either Party to provide the data, information, hardware or services it is
required to provide pursuant to Paragraph 10.1 shall be the adjustment in the Launch
Schedule contemplated in Paragraph 10.3 and Article 7.17.3
    
    Claims by Third Parties.
 17.3.1
    
    The exclusive rights and remedy of Customer for claims by Third Parties for
property loss or damage, personal injury or bodily injury, including death,
arising in any manner from the operation or performance of the Launch Vehicle,
[***] as provided in Paragraph 15.3.2, shall be the indemnification by Contractor
as provided in Paragraph 15.3.2.17.3.2
    
    The exclusive rights and remedy of Contractor for claims by Third Parties for
property loss or damage, personal injury or bodily injury, including death,
arising in any manner from the operation or performance of the Spacecraft, or from
any loss of or damage to the Spacecraft before, during or after Launch or from the
failure of the Spacecraft to reach its planned orbit or operate properly, [***] as
provided in Paragraph 15.3.3, shall be the indemnification by Customer as provided
in Paragraphs 15.3.3 and 15.3.4.
 17.4
    
    Intellectual Property Infringement.The exclusive rights and remedy of the Parties
for claims resulting from the infringement of patent rights or any other intellectual
property rights of a Third Party shall be the indemnification as provided in Paragraph
15.4.17.5
    
    Termination for Convenience.The exclusive rights and remedy of Customer to terminate
this Contract for convenience are described in Paragraph 18.1 entitled Termination by
Customer for Convenience.17.6
    
    Non-Payment.The exclusive rights and remedy of Contractor to terminate this Contract
in the event of nonpayment or delay in payment are described in Paragraph 5.6 entitled
Interest on Payments Due and Paragraph 18.3, entitled Termination by Contractor for
Nonpayment and 18.6 entitled Termination Charge.
 
 ARTICLE 18
TERMINATION
 18.1
    
    Termination by Customer for Convenience.Customer may terminate the Launch Service
under this Contract for any reason at its convenience following written notice to
Contractor at any time until [***] days prior to the Launch Date. If Customer terminates
the Launch Service under this Paragraph 18.1, Contractor shall be entitled to the
Termination Charge set forth in Paragraph 18.6.18.2
    
    Termination by Customer for Excessive Launch Postponements.Customer may terminate
the Launch Service under this Contract if: Contractor has actually postponed, or provided
notice of postponement of the Launch Service under Article 7 entitled Launch Schedule
Adjustments, including postponements attributable to Contractor under Paragraph 7.3 and
10.3, for longer
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 than the aggregate period of permissible postponements under Article 7. If Customer does
not provide a notice of termination to Contractor within [***] days of postponement or
notice of postponement by Contractor, Customer waives its right to terminate the
postponed Launch Service under this Paragraph 18.1 unless Contractor further postpones
the Launch Service under Article 7. If Customer terminates the Launch Service in
accordance with this Paragraph 18.1, Contractor shall reimburse Customer for all payments
made to Contractor for the terminated Launch Service.18.3
    
    Termination by Contractor for Non-Payment.Contractor may terminate the Launch
Service under this Contract if Customer fails to make any payment to Contractor relating
to the Launch Service on the due date as required by this Contract provided Customer fails
to remedy such non-payment within [***] days of notice (Cure Period) from Contractor
describing such non-payment provided however if the payment is a due within [***] months
of the Launch Period, Launch Slot, or Launch Date, as applicable, the Cure Period shall be
reduced to [***] days . If Contractor terminates a Launch Service in accordance with this
Paragraph 18.3, Contractor shall be entitled to retain the Termination Charge set forth in
Paragraph 18.6.18.4
    
    Termination by Contractor for Excessive Launch Postponements.Contractor may
terminate the Launch Service under this Contract if: Customer has actually postponed, or
provided notice of postponement of the Launch Service under Article 7 entitled Launch
Schedule Adjustments, including postponements attributable to Customer under Paragraph
7.3 and 10.3, for more than the aggregate period of permissible postponements under
Article 7. If Contractor does not provide a notice of termination to Customer within
[***] days of postponement or notice of postponement by Customer, Contractor waives its
right to terminate the postponed Launch Service under this Paragraph 18.4 unless Customer
further postpones the Launch Service under Article 7. If Contractor terminates the Launch
Service in accordance with this Paragraph 18.4, Contractor shall be entitled to the
Termination Charge set forth in Paragraph 18.6.18.5
    
    Termination Date.The termination date of the Launch Service terminated under this
Article 18 shall be effective as of the date of receipt of the notice of termination
provided to Contractor in accordance with Paragraph 9.2.
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 18.6
    
    Termination Charge.If the Launch Service is terminated in accordance with the
provisions of Paragraphs 18.1, 18.3 or 18.4, Contractor may retain as a Termination Charge
the following amount(s), plus any amounts that may be due under Article 7.Table 18.6-1: Launch Service No. 1  Termination Charge Schedule
 Amount Due as a Percentage of the LaunchPayment Due Dates
    
    Service Price[***]
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***]L-[***] Months
    
    [***][***]
    
    [***][***]
    
    [***]
 Where L is the first day of the originally scheduled Launch PeriodIf the effective termination date falls between the Termination Dates, the Termination
Charge attributable to such partial period shall be prorated through the effective
termination date. Customer will pay to Contractor any unpaid portion of the Termination
Charge within [***] days of Contractors invoice. Contractor shall refund to Customer any
amount paid, without interest, under this Contract for the terminated Launch Service in
excess of the Termination Charge within [***] days of the effective termination date for the
Launch Service.18.7
    
    Effect of Termination.If either Party terminates a Launch Service or this Contract
under this Article 18, both Parties obligations under this Contract with respect to such
Launch Service(s) shall be discharged as of the Launch Service(s) effective termination
date except that Customers obligation to pay the Termination Charge described in
Paragraph 18.6 and any fees or charges due to Contractor in accordance with Paragraphs 5.6
and 7.1.5 shall survive the termination of the Launch Service(s) and this Contract. If
less than all Launch Service(s) to be furnished under this Contract are terminated
pursuant to this Article 18, the provisions of this Article shall apply to the terminated
Launch Service(s) only, and the Parties shall continue to perform their obligations with
respect to any Launch Service(s) not terminated under this Article. If all remaining
Launch Service(s) to be furnished under this Contract are terminated pursuant to this
Article 18, the entire Contract shall be deemed to have been terminated as of the
effective termination date of the last terminated Launch Service(s).
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 
 
 ARTICLE 19
DISPUTE RESOLUTION
 19.1
    
    Dispute Resolution.Any dispute arising under or relating to this Contract or the
breach thereof, including any dispute concerning the validity, scope or enforceability of
this provision, that is not promptly resolved directly by the Parties shall be resolved
through negotiation, mediation, or court proceedings as set forth in this Article 19.19.2
    
    Negotiation.Any dispute arising hereunder that is not promptly resolved by the
individuals identified in Article 9 shall be referred to the senior management of
Contractor and Customer designated by the Parties. If such senior management considers
that it cannot resolve the dispute as determined by either Party, at any time since the
dispute referral the Parties shall seek resolution of the matter through mediation, or
court proceedings as provided below.19.3
    
    Mediation.Any dispute arising hereunder that is not promptly resolved through the
negotiation procedure described in Paragraph 19.2 shall be referred to mediation.
Mediation shall be an informal, non-binding dispute resolution process mutually agreed by
the Parties or by a mutually acceptable alternative dispute resolution organization. If
such mediation does not satisfactorily resolve the dispute within [***] days of referral
of the dispute to the senior management of the Parties, either party may institute court
proceedings as set forth in Paragraph 19.4 below.19.4
    
    Court ProceedingsAny dispute that is not resolved otherwise by the Parties through
negotiation or mediation as provided in this Article 19 may be submitted for resolution to
a court of competent jurisdiction in accordance with Article 24. The use or attempted use
of any alternative dispute resolution procedures, such as negotiation or mediation shall
not be construed under the doctrines of laches, waiver or estoppel to affect adversely the
rights of either Party. With respect to any court proceedings, any information deemed by
either Party to be of a commercially sensitive nature shall be entitled to the protection
afforded by protective orders issued by a court of competent jurisdiction.19.5
    
    Language.Negotiations, mediation sessions, or court proceedings in connection with
this Contract shall be conducted in the English language, provided that at the request and
expense of the requesting Party, documents and testimony shall be translated into any
language specified by the requesting Party.
 
 ARTICLE 20
CONFIDENTIALITY
 20.1
    
    Disclosure of Contract Provisions.
 20.1.1
    
    Each Party shall make reasonable efforts to assure that its employees do not
disclose the terms or conditions of this Contract, except as may be required to
perform this Contract, to acquire insurance or the benefit thereof, in support of
arbitration or legal or judicial proceedings relating hereto, as required by their
respective governments, or in the normal course of reporting to its parent
company.20.1.2
    
    No publicity or information regarding this Contract will be given or released
without the prior written consent of the other Party. Consent to release of
information by either Party shall not be unreasonably delayed or withheld.
Notwithstanding the foregoing two (2) sentences, in the event Customer has not
provided written consent to
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 announce the Contract award within [***] days of the Effective Date, Contractor
shall have the right to publicly announce the existence of the Contract, name
of the Spacecraft and nominal year of Launch.
 20.2
    
    Proprietary Information.It is recognized that Customer and Contractor each will have
developed business, financial, and technical information including but not limited to
information relating to the mating and launching of the Launch Vehicle and the Spacecraft
that will be exchanged between the Parties. To the extent that such data is considered
Proprietary Information by either Party, such disclosures shall be handled in accordance
with this Article 20.
 20.2.1
    
    Proprietary Information (i) shall mean this Contract for Launch Services and
that information, data or material in written form that is conspicuously marked
Proprietary, and that is delivered by Contractor or by Customer, as the case may
be, to the representative(s) designated for receipt thereof by the other Party;
(ii) shall include all copies in whole or in part made of such information, data
or material or derivative uses thereof; and (iii) all the information exchanged
between the Parties relating to this Contract shall be considered Proprietary
Information.20.2.2
    
    Each Party agrees not to use the other Partys Proprietary Information for any
purpose other than for the performance of this Contract. Any other use or
disclosure of such Proprietary Information shall be made only upon prior written
consent of the other Party, provided however, that the foregoing restriction shall
not apply in the event that a Party is required by law ,regulation or rule,
including laws or regulations or rules associated with a Party seeking funding or
financing, to disclose Proprietary Information of the other Party to a
Governmental or regulatory body (including but not limited to a judicial body)
including any departments, agencies and/or relevant regulatory authority ,stock
exchange or securities regulatory body, provided that the disclosing Party shall
give notice to the other Party promptly in order to allow the Party sufficient
time to seek protection of its Proprietary Information. , Each Party shall put
forth all reasonably commercial efforts to cooperate to seek the protection of the
confidentiality or proprietary nature of said Proprietary Information from
disclosure outside the Governmental body to any third party. A Party shall not be
liable for a disclosure or use of another Partys Proprietary Information under
this Article if it has complied with the provisions specified above and the
subject Proprietary Information is required nonetheless to be disclosed in
accordance with applicable law ,regulation or rule.20.2.3
    
    Each Party agrees to restrict disclosures of the Proprietary Information of the
other Party to only those having a need to know in the performance of this
Contract and to have all such Proprietary Information protected with reasonable
care such as that care normally used to protect its own Proprietary Information
within its own organization. If such care is used, the recipient shall not be
liable for the unauthorized disclosure of Proprietary Information.20.2.4
    
    The aforementioned restrictions on use and disclosure of Proprietary Information
will not apply:
 20.2.4.1
    
    If either Party can show that the Proprietary Information received from
the other is or has become generally available through the public domain
without fault of such Party;
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 20.2.4.2
    
    If the Proprietary Information is in a written record in one Partys
files prior to its receipt from the other Party and is not otherwise
restricted as to its use or disclosure;20.2.4.3
    
    If either Party at any time lawfully obtains the Proprietary Information
in writing from a Third Party under circumstances permitting its disclosure;20.2.4.4
    
    If the Proprietary Information is disclosed with the prior written
consent of the other Party, provided such disclosure complies in all respects
with the terms of the written consent;20.2.4.5
    
    If the Proprietary Information is required, but only to the extent
necessary, to be disclosed pursuant to a change of control or financial
restructure or for any legal or financial audit process, provided, however,
that third parties with access to the Proprietary Information shall be
subject to the nondisclosure requirements and use restrictions provided
herein.20.2.4.6
    
    If the Proprietary Information is required, to the extent necessary to be
disclosed to broker or insurance company provided, however, that third
parties with access to the Proprietary Information shall be subject to the
nondisclosure requirements and use restrictions provided herein20.2.4.7
    
    [***] years after the termination date, for any cause whatsoever.
 20.2.5
    
    Upon termination or expiration of this Contract, the Parties, within a
reasonable period of time, will return all Proprietary Information received from
the other Party under the terms of this Contract or certify that all the
Proprietary Information has been destroyed.20.2.6
    
    It is understood that neither Party assumes any liability to the other for
damages arising from the other Parties use of or reliance upon any Proprietary
Information disclosed pursuant to this Article except as provided elsewhere
herein.
 
 ARTICLE 21
INTELLECTUAL PROPERTY
  
 ARTICLE 22
RIGHT OF OWNERSHIP AND CUSTODY
 22.1
    
    Customer hereby acknowledges and agrees that at no time shall it obtain title to or
ownership of or any other legal or equitable right or interest in any part of the Launch
Vehicle or in any other tangible or intangible property or hardware of Contractor or its
Related Third Parties, including, without limitation, any patent or data rights used or
furnished in providing Launch Services under this Contract. Such property shall be
considered the sole and exclusive property of Contractor or its subcontractors.
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 22.2
    
    Contractor hereby acknowledges and agrees that at no time shall it obtain title to or
ownership of or any other legal or equitable right or interest in any part of the
Spacecraft or in any other tangible or intangible property or hardware of Customer or its
Related Third Parties, including, without limitation, any patent or data rights with
respect to the Spacecraft. Such property shall be considered the sole and exclusive
property of Customer or its subcontractors.
 
 ARTICLE 23
AMENDMENT
  
 ARTICLE 24
GOVERNING LAW
 24.1
    
    This Contract shall be governed by and construed in accordance with the laws of the
State of New York, United States of America, exclusive of that jurisdictions conflict of
law rules. The provisions of the United Nations Convention for the International Sale of
Goods shall not be applicable to this Contract.24.2
    
    Any legal action or proceeding with respect to this Contract shall be brought
exclusively in the United States District Court for the Southern District of New York, and
by execution and delivery of this Contract the Parties irrevocably consent to the
jurisdiction of such courts. Each Party irrevocably waives any objection, including any
objection to the laying of venue based on the grounds of forum non conveniens, that it may
now or hereafter have to the bringing of any action or proceeding in such jurisdiction in
respect of this Contract.24.3
    
    Customer is subject to civil and commercial law with respect to its obligations
hereunder, and the execution, delivery and performance of this Contract by Customer
constitute private and commercial acts rather than public or governmental acts. Neither
Customer nor any of its property has any immunity from jurisdiction of any court or from
set-off or any legal process (whether through service or notice, attachment prior to
judgment, attachment in aid of execution, execution or otherwise) under applicable law.24.4
    
    WAIVER OF JURY TRIAL. THE PARTIES WAIVE THEIR RESPECTIVE RIGHTS TO A TRIAL BY JURY
OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS CONTRACT
IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE BROUGHT BY EITHER PARTY AGAINST
THE OTHER PARTY, WHETHER WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS OR OTHERWISE.
 
 ARTICLE 25
WAIVER OF BREACH
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
 
 ARTICLE 26
ASSIGNMENT
    
 ARTICLE 27
ENTIRE AGREEMENT
  
 ARTICLE 28
SEVERABILITY
  
 ARTICLE 29
TITLES AND HEADINGS
  
 ARTICLE 30
SURVIVAL
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FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND
DENOTED BY ASTERISKS [***]. COPIES OF THE EXHIBIT CONTAINING THE REDACTED
PORTIONS HAVE BEEN FILED SEPARATELY WITH THE COMMISSION SUBJECT TO A REQUEST
FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER
THE SECURITIES EXCHANGE ACT.
  For Customer
    
    For ContractorSATELITES MEXICANOS, S.A. DE C.V.
    
    ILS INTERNATIONAL LAUNCH SERVICES, INC.By:
    
    /s/ Patricio Northland
    
    By:
    
    /s/ Carl J. HolubName:
    
    Patricio Northland
    
    Name:
    
    Carl J. HolubTitle:
    
    CEO & Director General
    
    Title:
    
    Director of ContractsDate:
    
    December 23rd, 2010
    
    Date:
    
    23 December 2010
 32