**Exhibit 10.65**

**ASSIGNMENT AND MODIFICATION AGREEMENT**

Subject to theconsent of David McGlade (the “Executive”) below, as of December 21, 2009 (the “Assignment Date”), Intelsat Global, Ltd. (“Intelsat Global”) and Intelsat, Ltd. (“Intelsat” andtogether with Intelsat Global, the “Current Employers”) hereby assign to Intelsat Management LLC, a Delaware limited liability company (“Intelsat Management”), all of their rights and obligations under that certainEmployment Agreement dated as of December 29, 2008, by and between the Executive and the Current Employers (as amended, the “Employment Agreement”), and Intelsat Management shall accept such assignment and shall honor any andall of such rights and obligations. 

In connection with the foregoing assignment (a) references in the EmploymentAgreement to the “Parent” and the “Company” in their capacity as employers shall be deemed to be references to Intelsat Management as the context may require, except as set forth in the fourth paragraph of this Assignment andModification Agreement, and (b) references in (i) that certain Class A Restricted Share Agreement dated as of May 6, 2009, by and between the Executive and Intelsat Global (the “Class A Agreement”),(ii) that certain Class B Restricted Share Agreement dated as of May 6, 2009, by and between the Executive and Intelsat Global (the “Class B Agreement”), and (iii) that certain Option Agreement dated as of May 6,2009, by and between the Executive and Intelsat Global (the “Option Agreement” and, together with the Class A Agreement and the Class B Agreement, the “Equity Award Agreements”) to “Company” shallcontinue to be references to Intelsat Global and references in the Equity Award Agreements to “Employer” shall be deemed to be references to Intelsat Management. For the avoidance of doubt, any references in the Employment Agreement or anyof the Equity Award Agreements to “termination of employment” shall be deemed to refer to the termination of the Executive’s employment with Intelsat Management and all of its subsidiaries and affiliates. 

The Executive and Intelsat Management hereby acknowledge and agree that Intelsat Management may make the Executive’s services availableto certain affiliates of Intelsat Management and, to the extent that the Executive’s services are made so available, the terms of the Employment Agreement shall apply *mutatis mutandis* with respect to the Executive’s services to anyapplicable affiliate of Intelsat Management. 

There shall be no change in any of the Executive’s rights under theforegoing documents except as to the entity that will be the Executive’s employer and the Executive shall have the right to retain his position as the Chief Executive Officer of Intelsat and Intelsat Global, to report, in addition to the Boardof Managers and Member of Intelsat Management, only to the boards of directors of Intelsat and Intelsat Global (collectively, the “Intelsat Boards”), to serve as a member of the Intelsat Boards and all other rights that theExecutive had prior to the execution of this Assignment and Modification Agreement. 

Except as expressly modified hereby, allterms, conditions and provisions of the Employment 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 Assignment andModification Agreement shall give rise to a claim of termination of the Executive’s employment under the terms of the Employment Agreement or the Equity Award Agreements. 

 

The parties acknowledge and agree that the Executive has consented to this Assignment andModification Agreement in reliance on that certain letter regarding executive employment agreements, by and between Intelsat Global and Intelsat Management, dated as of December 7, 2009. 

This Assignment and 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. 

This Assignment and Modification Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute the same instrument.

[*Remainder of Page Intentionally Left Blank*] 

 

2 

Subject to the consent of the Executive below, as of the date hereof, the Executive shallcease to be an employee of the Current Employers and shall become an employee of Intelsat Management. 

 
**INTELSAT MANAGEMENT LLC**By 
 

Name:
 Title: 
**INTELSAT GLOBAL, LTD.**
By 
 
Name: Title: **INTELSAT, LTD.**By 
 
Name: Title: 
**[SIGNATURE PAGETOMCGLADE ASSIGNMENTAND MODIFICATION AGREEMENT]**

Consent to the foregoing is hereby granted by the undersigned Executive as of the date hereof. 

 

 
David McGlade
**[SIGNATUREPAGETO MCGLADE ASSIGNMENTAND MODIFICATION AGREEMENT]**