Exhibit 10.37




AMENDMENT LETTER NO. 8


Globalstar, Inc. (the “Borrower”)


461 South Milpitas Blvd.


Milpitas


CA 95035


United States of America


Attention: James Monroe III


 




23 January 2012


 


Dear Sirs,


 


Facility Agreement dated 5 June 2009
between the Borrower, BNP Paribas, Société Générale, Natixis, Crédit Agricole Corporate and
Investment Bank and Crédit Industriel et Commercial as the Mandated Lead Arrangers, BNP Paribas as the Security Agent and
the COFACE Agent and the banks and financial institutions listed in Schedule 1 thereto as the Original Lenders as amended pursuant
to the Amendment Letters (as defined below) (the “Facility Agreement”).


 


		1.	Introduction



 


		(a)	We refer to:



 


		(i)	the Facility Agreement;



 


		(ii)	the first amendment letter to the Facility Agreement dated 29 June 2009 and entered into between,
amongst others, the Obligors and the other parties to the Facility Agreement;



 


		(iii)	the second amendment letter to the Facility Agreement dated 9 April 2010 and entered into between,
amongst others, the Obligors and the other parties to the Facility Agreement;



 


		(iv)	the third amendment and cancellation letter to the Facility Agreement dated 28 October 2010 and
entered into between, amongst others, the Obligors and the other parties to the Facility Agreement;



 


		(v)	the fourth amendment letter to the Facility Agreement dated 22 December 2010 and entered into between,
amongst others, the Obligors and the other parties to the Facility Agreement; and



 


		(vi)	the fifth amendment letter to the Facility Agreement dated 16 March 2011 and entered into between,
amongst others, the Obligors and the other parties to the Facility Agreement;



 



    	 



    	 



    

		(vii)	the sixth amendment letter to the Facility Agreement dated 30 March 2011
and entered into between, amongst others, the Obligors and certain other parties to the Facility Agreement (“Amendment
Letter No.6”); and



 


		(viii)	the seventh deed of waiver and amendment to the Facility Agreement dated
30 September 2011 and entered into between, amongst others, the Obligors and certain other parties to the Facility Agreement,



 


such letters and deed referred
to in paragraphs (a)(ii) to (viii) (inclusive), together the “Amendment Letters”.


 


		(b)	Terms and expressions defined in the Facility Agreement shall, unless the context otherwise requires,
have the same meaning when used in this Letter.



 


		(c)	In the case of any conflict between the terms of this Letter and the terms
of any other Finance Document, the terms of this Letter shall govern and control as between the parties to this Letter.



 


		2.	Amendments



 


With effect from the date
of this letter, and provided that the Condition has been satisfied in full, the Facility Agreement shall be amended so that
the definition of “Availability Period” in Clause 1.1 (Definitions) of the Facility Agreement shall be
deleted in its entirety and replaced by the following definition:


 


““Availability Period”means
the period from and including the date of this Agreement to and including 14 June 2012.”


 


		3.	Condition



 


The Borrower shall pay to
the COFACE Agent and each COFACE Lender the “Waiver Fee” (as such term is defined in Amendment Letter No.6)
in accordance with, and pursuant to, the terms of Amendment Letter No.6 (the “Condition”).


 


		4.	Express Amendments



 


Each Obligor agrees and
acknowledges that, save as expressly amended in accordance with Clauses 2 (Amendments) above, each Finance Document to which
it is a party shall continue in full force and effect.


 


		5.	Terms Incorporated



 


The provisions of the following
clauses of the Facility Agreement are incorporated into this Letter, mutatis mutandis, as if set out in this Letter with
references to “this Agreement” being construed as references to this Letter: clause 35 (Partial Invalidity),
clause 38 (Counterparts) and clause 40 (Enforcement).


 


		6.	Governing Law



 


This Letter, and all non-contractual obligations
arising out of or in connection with it, shall be governed by English law.


 



    	 



    	 



    

		7.	Finance Document



 


This Letter shall constitute a Finance Document.


 


		8.	Confirmation



 


Each Obligor confirms in favour of the COFACE Agent
that:


 


		(a)	it hereby agrees to the terms and conditions of this Letter; and



 


		(b)	notwithstanding this Letter, each Finance Document to which it is a party remains in full force
and effect and the rights, duties and obligations of each Obligor are not released, discharged or otherwise impaired by this Letter.



 


		9.	Third Parties Rights



 


A person who is not a party to this Letter has no
right under the Contracts (Rights of Third Parties) Act 1999 to enforce any of its terms.


 


We should be grateful if you would sign and return to us the
enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter.


 





Yours faithfully,


 


/s/ Jean Phillippe Poirier


/s/ E. Galzy


 


For and on behalf of


BNP Paribas


as the COFACE Agent







 










    	 



    	 



    

 


	
        /s/ Jean Phillippe Poirier

        /s/ E. Galzy

        .................................

        BNP Paribas

        as Lender

         
	
        /s/ Didier Tangley

        ..........................................

        Société Générale

        as Lender

         

	
        /s/ Jean-Louis Viala

        /s/ Romain Renaux

        ..........................................

        Natixis

        as Lender

         
	
        /s/ Laurence Coppalle

        /s/ Sophia Sinclair

        ..........................................

        Crédit Agricole Corporate and Investment Bank

        as Lender

         

	
        /s/ Thomas Giroud

        /s/ Francois Guiffart

        ..........................................

        Crédit Industriel et Commercial

        as Lender

         
	 


 


	
        Acknowledged and agreed

        For and on behalf of

        Globalstar, Inc.

        as Borrower

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         
	
        Acknowledged and agreed

        For and on behalf of

        Thermo Funding Company LLC

        as Obligor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Manager

        Date: 23 January 2012

         

	
        Acknowledged and agreed

        For and on behalf of

        GSSI, LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         
	
        Acknowledged and agreed

        For and on behalf of

        Globalstar Security Services, LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         

	
        Acknowledged and agreed

        For and on behalf of

        Globalstar C, LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         
	
        Acknowledged and agreed

        For and on behalf of

        Globalstar USA, LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         



 



    	 



    	 



    

 


 


	
        Acknowledged and agreed

        For and on behalf of

        Globalstar Leasing LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         

         
	
        Acknowledged and agreed

        For and on behalf of

        Spot LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         

         

	
        Acknowledged and agreed

        For and on behalf of

        ATSS Canada, Inc.

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         
	
        Acknowledged and agreed

        For and on behalf of

        Globalstar Brazil Holdings, L.P.

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         

	
        Acknowledged and agreed

        For and on behalf of

        GCL Licensee LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         

         
	
        Acknowledged and agreed

        For and on behalf of

        GUSA Licensee LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012

         

         

	
        Acknowledged and agreed

        For and on behalf of

        Globalstar Licensee LLC

        as Subsidiary Guarantor

         

        /s/ James Monroe III

        By:  James Monroe III

        Title: Chairman

        Date: 23 January 2012