Exhibit10-2


 


AMENDMENT NO. 4


 


TO THE



 


CONTRACT
FOR LAUNCH SERVICES


 


NO. IS-11-032


 


BETWEEN


 


IRIDIUM
SATELLITE LLC


 


AND


 


INTERNATIONAL
SPACE COMPANY KOSMOTRAS


 





	Execution Copy	Iridium & International Space Company Kosmotras Proprietary Information	









    	 
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.



    	 



    

 


PREAMBLE


 


This Amendment No. 4 (the “Amendment”)
to the Contract for Launch Services No. IS-11-032, signed on June 14, 2011 between Iridium Satellite LLC and International Space
Company Kosmotras, as amended (the “Contract”) is entered into on this 21st day of April, 2014, by
and between Iridium Satellite LLC, a limited liability company organized and existing under the laws of Delaware, having its office
at 1750 Tysons Boulevard, Suite 1400, McLean, VA 22102 (“Customer”) and International Space Company Kosmotras,
a Russian company, having its office at 7, Sergey Makeev St., bld. 2, Moscow 123100, Russian Federation (“Contractor”).


 


RECITALS


 


WHEREAS,  Customer exercised its
option to convert one (1) Optional Launch to a Firm Launch;


 


WHEREAS,  Customer has elected not
to exercise its option to convert each of the second (2nd) and third (3rd) Optional Launch to a Firm Launch;
and


 


WHEREAS,  Customer and Contractor
wish to adjust the date by which Customer must exercise the remaining three (3) Optional Launches and the date by which Contractor
must obtain Drop Zone Authorization


 


NOW, THEREFORE, in consideration
of the foregoing, the agreements contained herein, the payments to be made by Customer to Contractor under the Contract and other
good and valid consideration, the receipt and adequacy of which are hereby expressly acknowledged, and intending to be legally
bound, the Parties agree as follows:


 


Article 1:    Capitalized terms
used but not defined in this Amendment shall have the meanings ascribed thereto in the Contract.


 


Article 2:     Section 5.2.2
of the Contract is hereby deleted and replaced in its entirety with the following:


 


“No later than [***], Customer
shall provide to Contractor a written notice: (i) confirming to Contractor that the remaining three (3) Optional launches will
be converted to Firm Launches to be performed in accordance with the Launch Schedule set for in Exhibit B; or (ii) defining the
number of Optional Launches to be converted to Firm Launches and the corresponding Launch Dates subject to the provisions of Article
6.”


 








	Execution Copy	Iridium & International Space Company Kosmotras Proprietary Information	2









    	 
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.



    	 



    

 


Article 3:     Section
5.2.3 is hereby deleted in its entirety. 


 


Article 4:     Section 6.1.1(B)
of the Contract is hereby modified by (i) deleting the date “[***]” immediately before the text “and up to [***]
months” in the first line and (ii) inserting the date “[***]” in place thereof.


 


Article
5:     Table C.1 of Exhibit C is hereby modified by (i) deleting the Milestone Completion Date “[***]” for the
[***] Milestone and (ii) inserting the Milestone Completion Date
“[***]” in place thereof.


 


Article 6:     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 7:     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.


 


	For Customer	For Contractor
	 	 
	IRIDIUM SATELLITE LLC	 	INTERNATIONAL SPACE COMPANY

KOSMOTRAS
	 	 	 
	Signature:	/s/ S. Scott Smith	 	Signature:	/s/ Alexander V. Serkin
	 	 	 	 	 
	Name:	S. Scott Smith	 	Name:	Alexander V. Serkin
	 	 	 	 	 
	Title:	
        Chief Operating Officer
	 	Title:	
        Director General



 


 


	Execution Copy	Iridium & International Space Company Kosmotras Proprietary Information	3










    	 
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.