Exhibit 10.2 


 


 


AMENDMENT NO. 4


 


TO THE 


 


CONTRACT FOR LAUNCH SERVICES


 


NO. IS-10-008


 


BETWEEN


 


IRIDIUM SATELLITE LLC


 


AND


 


SPACE EXPLORATION TECHNOLOGIES CORP.


 








    	Execution Copy	Iridium & Space Exploration Technologies Corp. Proprietary Information	 



    	 



    

 


PREAMBLE


 


This Amendment No. 4 (the “Amendment”)
to the Contract for Launch Services No. IS-10-008, signed on March 19, 2010 between Iridium Satellite LLC and Space Exploration
Technologies Corp. (the “Contract”) is entered into on this 27th day of January, 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 Space Exploration Technologies Corp., a Delaware
corporation, having its office at 1 Rocket Road, Hawthorne, CA 90250 (“Contractor”).


 


RECITALS


 


WHEREAS, Customer and Contractor
have engaged in discussions related to revising the definition of the term “Launch”; and


 


WHEREAS, the Parties now desire
to amend Articles 1 and 2 of the Contract.


 


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: The definition
of the term “Launch” set forth in Section 1.1 of the Contract is hereby deleted and replaced in its entirety with the
following definition.


 


“Launch” means Intentional
Ignition, for the purpose of launching a Satellite Batch, followed by either: (i) Lift-Off; and/or (ii) total loss or destruction
of the Launch Vehicle. A Launch is deemed not to have occurred in the event of a Terminated Ignition.”


 


Article 3:     Section 2.2
of the Contract is hereby modified by inserting the following sentence to the end of Section 2.2.


 


“Notwithstanding anything
to the contrary in this Contract, a Launch is deemed to have occurred even if there is a Launch Failure”


 




    	Execution Copy	Iridium & Space Exploration Technologies Corp. Proprietary Information	2



    	 



    

 


Article 4:    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 5:     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	 	SPACE EXPLORATION

TECHNOLOGIES CORP.
	 	 	 
	Signature:  	/s/ S. Scott Smith	 	Signature:  	/s/ Brian Bjelde
	Name:	S. Scott Smith	 	Name:	Brian Bjelde
	Title:	Chief Operating Officer 	 	Title:	Sr. Director Product & Mission Management




 




    	Execution Copy	Iridium & Space Exploration Technologies Corp. Proprietary Information	3