Modification Agreement



 Exhibit 10.7 
 Intelsat Global S.A. 
 RCS Luxembourg B149927

 Intelsat S.A. 
 RCS Luxembourg B149970 
 Intelsat Global Holdings S.A.

 RCS Luxembourg B162135 
 4, rue Albert Borschette 
 L-1246 Luxembourg 

Intelsat Management LLC 
 3400 International Drive NW 
 Washington D.C., DC 20008 

March 30, 2012 
 David
McGlade 
 [Address] 
 Dear
Mr. McGlade: 
 Reference is made to (i) that certain Employment Agreement dated as of December 29, 2008 (as
heretofore amended, the “Employment Agreement”), by and between you, Intelsat Global S.A. (f/k/a Intelsat Global, Ltd.) (“Intelsat Global”) and Intelsat S.A. (f/k/a Intelsat, Ltd.) (“Intelsat” and,
together with Intelsat Global, the “Original Employers”) and (ii) the Assignment and Modification Agreement, dated December 21, 2009 (the “Assignment and Modification Agreement”), by and between Intelsat
Management LLC (“Intelsat Management”) and the Original Employers, pursuant to which the rights and obligations of the Original Employers under the Employment Agreement were assigned to and accepted by Intelsat Management.

 Prior to, or concurrently with the entry into this letter agreement (this “Agreement”), Intelsat Global
Holdings S.A., a Luxembourg société anonyme (“Intelsat Global Holdings”), and all of the shareholders of Intelsat Global are entering into certain contribution agreements, pursuant to which such shareholders are
contributing their Class A common shares, nominal value $0.01 per share, of Intelsat Global and Class B common shares, nominal value $0.01 per share, of Intelsat Global to Intelsat Global Holdings in exchange for Class A common shares,
nominal value $0.01 per share, of Intelsat Global Holdings and Class B common shares, nominal value $0.01 per share, of Intelsat Global Holdings, all on the terms and conditions set forth in such contribution agreements (the
“Transaction”). 
 In connection with the Transaction, the parties hereto agree to modify the Employment
Agreement (this “Modification Agreement”) as of the Modification Effective Date (as defined below) as follows, with full force and effect as of the Modification Effective Date: 

1. Modification. Following the consummation of the Transaction, you shall continue to serve as the Chief Executive Officer of
Intelsat Global Holdings and a member of the Board of Directors of Intelsat Global Holdings (the “Holdings Board”), and you shall report to the Holdings Board. 







 2. Condition to Modification Effective Date. The effectiveness of this Modification
Agreement is subject to the consummation of the Transaction (such time and date of consummation, the “Modification Effective Date”). 
 3. Miscellaneous. 
 3.1 Governing Law. This Modification Agreement
shall be construed in accordance with and governed for all purposes by the laws and public policy (other than conflict of laws principles) of the District of Columbia applicable to contracts executed and to be wholly performed therein. 

3.2 Counterparts. This Modification Agreement may be executed in two or more counterparts (including by facsimile or pdf format),
each of which shall be deemed an original and all of which together shall be considered one and the same agreement. 
 3.3
Severability. In the event that any part or parts of this Modification Agreement shall be held illegal or unenforceable by any court or administrative body of competent jurisdiction, such determination shall not affect the remaining
provisions of this Modification Agreement which shall remain in full force and effect. If legally permitted, the unenforceable provision will be replaced with an enforceable provision that as nearly as possible gives effect to the parties’
intent. 
 3.4 Successors and Assigns. This Modification Agreement shall inure to the benefit of and be binding upon the
successors and assigns of each of the parties. 
 3.5 Other. Except as provided specifically herein, this Modification
Agreement shall not affect your rights under the Employment Agreement and the Assignment and Modification Agreement (including, for the sake of clarity, your right to retain your position as the Chief Executive Officer of Intelsat Management,
Intelsat Global and Intelsat, and your right to report only to the Board of Managers and Member of Intelsat Management, and the Boards of Directors of Intelsat Global and Intelsat (in addition to the Holdings Board), and all other rights you had in
respect of the Employment Agreement, the Assignment and Modification Agreement and the Equity Award Agreements (as defined in the Assignment and Modification Agreement) prior to the execution of the Agreement). Except as expressly modified hereby,
all terms, conditions and provisions of the Employment Agreement and Assignment and Modification Agreement shall remain unchanged and shall continue in full force and effect. For the avoidance of doubt, neither the execution of nor the transactions
contemplated by this Modification Agreement or the Transaction shall give rise to a claim of termination of the your employment under the terms of the Employment Agreement or any of the Equity Award Agreements. 

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 IN WITNESS WHEREOF, the parties hereto have executed this Modification Agreement as of the
date first above written. 
  

			
	INTELSAT S.A.
		
	By:	 	 /s/ Phillip L. Spector

	Name:	 	Phillip L. Spector
	Title:	 	Executive Vice President and General Counsel
	
	INTELSAT GLOBAL S.A.
		
	By:	 	 /s/ Phillip L. Spector

	Name:	 	Phillip L. Spector
	Title:	 	Executive Vice President and General Counsel
	
	INTELSAT MANAGEMENT LLC
		
	By:	 	 /s/ Phillip L. Spector

	Name:	 	Phillip L. Spector
	Title:	 	Executive Vice President and General Counsel
	
	INTELSAT GLOBAL HOLDINGS S.A.
		
	By:	 	 /s/ Phillip L. Spector

	Name:	 	Phillip L. Spector
	Title:	 	Executive Vice President and General Counsel


 Accepted and Agreed 
 as of the date first above written. 
  

	
	 /s/ David McGlade

	 David McGlade