AMENDMENT N° 7


 


 


TO THE


 


 


FULL SCALE SYSTEM DEVELOPMENT CONTRACT


 


No. IS-10-021


 


Between


 


Iridium
Satellite LLC


 


And


 


THALES ALENIA SPACE FRANCE


 


for the


 


IRIDIUM NEXT SYSTEM






    	 



    	 



    



PREAMBLE


 


This Amendment N° 7 (the “Amendment”)
to the Full Scale System Development Contract No. IS-10-021 signed on June 1, 2010 between Iridium Satellite LLC and Thales Alenia
Space France for the Iridium Next System, as amended, (the “Contract”) is entered into on this 12th
day of March, 2012 by and between Thales Alenia Space France, a company organized and existing under the laws of France, having
its registered office at 26 avenue Jean François Champollion 31100 Toulouse – FRANCE (“Contractor”), and
Iridium Satellite LLC, a limited liability company organized under the laws of Delaware, having an office at 1750 Tysons Boulevard,
Suite 1400, McLean, VA 22102 - USA (“Purchaser”).


 


RECITALS


 


WHEREAS, the Parties have agreed
to implement a [***] into the Satellite design to [***];


 


WHEREAS, the Parties have agreed
to share equally the total cost to implement such [***]; and


 


WHEREAS, the Parties wish to clarify
the description of a “[***]”, as that term is used in the SOW.


 


NOW, THEREFORE, in consideration
of the premises and for good and valuable consideration, the receipt and adequacy of which are hereby expressly acknowledged, and
intending to be legally bound, the Parties hereby agree as follows:


 


		Article 1:	Capitalized terms used but not defined in this Amendment
shall have the meanings ascribed thereto in the Contract or any amendments thereto, as the case may be.



 


		Article 2:	Customer’s portion of the cost to implement the [***]
in the Satellite design, [***] U.S. Dollars (US$[***]), shall be deducted from the Adjustment leaving a remaining Adjustment balance
of [***] U.S. Dollars (US$[***]).



 


		Article 3:	Article 1 of the Contract is hereby revised to add the following
new definition.



 


“[***]” means the
[***] established by Customer and Contractor to [***].”


 


		Article 4:	The Parties agree that the [***] to be developed and approved
by the [***] of the Parties shall be the baseline for the NEXT System.



 


		Article 5:	Customer agrees that Contractor shall not be responsible
for the cost of future change(s) to the Satellite design if solely required for compliance with [***].



 


		Article 6:	The Parties agree to amend  Note 1 in Appendix C of the SOW to add the following qualifications to the description of a
                                                                                                   “[***]”, as that term is used in paragraph  4.7.8.1 of the SOW:



 


[***]


 


		Article 7:	If the Launch date of the first Satellite Batch is delayed
solely due to implementation of the [***], the Grace Period of the first Satellite Batch will be extended by [***] days.



 


 


 


Iridium / Thales Alenia Space
Confidential & Proprietary


CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS
ARE DESIGNATED [***]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.






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		Article 8:	This Amendment may be executed and delivered (including
via facsimile or other electronic means) in one or more counterparts, each of which shall be deemed to be an original, but all
of which shall constitute one and the same agreement.



 


		Article 9:	All other provisions of the Contract not expressly referred
to in this Amendment remain in full force and effect.



 


 


IN WITNESS WHEREOF, the Parties
have executed this Amendment by their duly authorized officers as of the date set forth in the Preamble.


 


 


	IRIDIUM SATELLITE LLC	 	THALES ALENIA SPACE FRANCE
	 	 	 
	/s/ S. Scott Smith	 	/s/ Nathalie Smirnov
	S. Scott Smith	 	Nathalie Smirnov
	Executive Vice President,	 	Senior Vice President,
	Satellite Development & Operations	 	System & Payload – Telecom


 


 


Iridium / Thales Alenia Space
Confidential & Proprietary


CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS
ARE DESIGNATED [***]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. 








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