Document:

EX-10.14

 Exhibit 10.14 

AMENDED AND RESTATED 

DEED OF LEASE OF RURAL LAND 

between 
 THE PROPRIETORS OF
TAWAPATA SOUTH 
 and 

ROCKET LAB LIMITED 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
		
	 PARTIES
	  	 	1	 
	 BACKGROUND
	  	 	1	 
	 STATEMENT OF PRINCIPLES
	  	 	1	 
	 1.
	 	 REFERENCE SCHEDULE
	  	 	2	 
	 2.
	 	DEFINITIONS AND INTERPRETATION	  	 	3	 
	 3.
	 	 COVENANT TO LEASE
	  	 	6	 
	 4.
	 	 KAITIAKITANGA AND TAONGA
	  	 	6	 
	 5.
	 	 EXCLUSION OF STATUTORY PROVISIONS
	  	 	7	 
	 6.
	 	 TERM
	  	 	7	 
	 7.
	 	 RENEWAL
	  	 	8	 
	 8.
	 	 RENTAL, PROPERTY EXPENSES AND GOODS AND SERVICES TAX
	  	 	8	 
	 9.
	 	 LAUNCH PAYMENTS
	  	 	9	 
	 10.
	 	 EXCLUSION ZONES
	  	 	11	 
	 11.
	 	 ASSIGNMENTS/SUBLETTING
	  	 	13	 
	 12.
	 	 MAINTENANCE AND HUSBANDRY OF THE LAND
	  	 	15	 
	 13.
	 	 LESSEE’S IMPROVEMENTS
	  	 	15	 
	 14.
	 	 LESSEE’S ADDITIONAL RIGHTS
	  	 	17	 
	 15.
	 	 INSURANCE AND INDEMNITY
	  	 	18	 
	 16.
	 	 USE OF LAND AND BUILDINGS
	  	 	19	 
	 17.
	 	 LESSOR ACCESS
	  	 	20	 
	 18.
	 	 HEALTH AND SAFETY OBLIGATIONS
	  	 	20	 
	 19.
	 	 STOCK SAFETY
	  	 	21	 
	 20.
	 	 FARMING ACCESS
	  	 	21	 
	 21.
	 	 NO OTHER LEASE WITHOUT CONSENT
	  	 	21	 
	 22.
	 	 DAY-TO-DAY
MANAGEMENT
	  	 	22	 
	 23.
	 	 CONFIDENTIALITY, IMAGERY AND PUBLICITY
	  	 	22	 
	 24.
	 	 DEFAULT BY LESSEE
	  	 	22	 
	 25.
	 	 COVENANTS BY LESSOR
	  	 	24	 
	 26.
	 	 DISPUTE RESOLUTION
	  	 	24	 
	 27.
	 	 MORTGAGE OF THE LAND
	  	 	25	 
	 28.
	 	 MISCELLANEOUS
	  	 	25	 

			
	DEED dated	  	15 November 2019

 PARTIES 
  

	(1)	 THE PROPRIETORS OF TAWAPATA SOUTH (“Lessor”) 

 

	(2)	 ROCKET LAB LIMITED (“Lessee”) 

BACKGROUND 
  

	A.	 The Lessor and Lessee are respectively the Lessor and Lessee under a Deed of Lease for Rural Land dated
17 November 2015 (“Original Lease”) in respect of part of certain land comprised in the Tawapata South No 8 and Waikawa Blocks located on the Mahia Peninsula, more particularly described in the Original Lease. 

 

	B.	 This Lease was subsequently amended pursuant to an Agreement to Lease between the Lessor and Lessee dated
28 November 2015, which became unconditional on 29 June 2018 when consent to the Agreement to Lease was obtained by the Lessee from the Overseas Investment Office, pursuant to the Overseas Investment Act 2005. The Agreement to Lease varied
the Original Lease to, among other things, add rights of renewal in respect of the land subject to the Original Lease and grant an option to lease certain additional land on the terms of the Original Lease. 

 

	C.	 The parties have agreed some amendments to the terms of the Original Lease and Agreement to Lease, and for ease
of reference, now wish to restate all of the relevant terms of the Lessee’s lease of the Land from the Lessor in one document. 

STATEMENT OF PRINCIPLES 
  

	D.	 The Lessor and the Lessee have entered into this agreement in good faith and agree to work together in an open
and honest manner. 

  

	E.	 Each party will be mindful and respectful of the other’s business operations and where possible, will
ensure that their actions do not severely impact on the others ability to conduct its business activity. 

  

	F.	 Each party agrees to a “no surprises” approach and will discuss any new activity or issues to ensure
understanding and agreement is reached. 

  

	G.	 The Lessor is excited about this opportunity and is keen to support the Lessee to achieve business success.

  

	H.	 The Lessee acknowledges the Lessor’s special relationship with the Land and agrees to respect the health
and wairua of the Land and do everything within its power to protect the Land and the environment and culturally significant site of Onenui Station and Waikawa (Portland) Island. 

 OPERATIVE PART: 
  

	1.	 REFERENCE SCHEDULE 

 

	1.1	 The Land (clause 2.1) 

Those parcels of land comprising approximately 9.65 hectares being: 
  

	 	(a)	 the land highlighted green on Plan A in the Plan Schedule (“Launch Site”); 

 

	 	(b)	 the land outlined in red on Plan B in the Plan Schedule which is the access road from Mahia East Coast Road to
the Launch Site (“Access Road”); 

  

	 	(c)	 the land highlighted green on Plan C in the Plan Schedule being the site for the control room for the rocket
launch activity (“Control Room Site”); 

 together with rights of access, in common with the Lessor, but subject
in every case to the terms of this Lease, and in particular to the exclusions set out in clause 10: 
  

	 	(d)	 To and from the Launch Site to the Control Room Site, as shown on Plan E in the Plan Schedule (“Control
Room Access”); 

  

	 	(e)	 Over parts of the Lessor’s land on Waikawa (Portland) Island for the purposes of access to the
Communication Infrastructure on Waikawa (Portland) Island as per clause 13.9; and 

  

	 	(f)	 Over the Beach Access described in clause 13.1(e). 

 

	1.2	 Property expenses (clause 2.1) 

The Lessee shall pay to the Lessor on demand the Property Expenses incurred or payable during the term: 

 

	 	(a)	 ten (10) days prior to the due date payable; 

 

	 	(b)	 without deduction or setoff (whether legal, equitable, statutory or any other form) by automatic bank authority
to the Lessor or as the Lessor may in writing otherwise direct. 

  

	1.3	 Term (clause 6.1) 

An initial term of 2 years 364 days commencing on 2 December 2015 and expiring on 30 November 2018, which has been renewed, with
the current term commencing on 1 December 2018 and expiring on 30 November 2021. 
  

	1.4	 Rights of Renewal (clause 7) 

Six (6) rights of renewal of three (3) years each, so that the maximum term of the Lease shall be 20 years and 364 days. The parties
acknowledge that one right of renewal has been exercised, leaving 5 remaining rights of renewal at the date this agreement is signed. 

	1.5	 Rental (clause 8.1) 

$50,000.00 plus GST per annum in accordance with clause 8.1 (subject to review in accordance with clause 8.3) payable annually in advance on
1 December of each lease year. 
  

	1.6	 Payment of rental (clause 8.2) 

Rental for the term and each renewed term of the Lease, shall be paid annually in advance. 

 

	1.7	 Rent Review (clause 8.3) 

CPI rent reviews each year of of the Lease pursuant to clause 8.3. 
  

	1.8	 Renewal Dates 

1 December 2018 (exercised), 1 December 2021, 1 December 2024, 1 December 2027, 1 December 2030, and 1 December
2033. 
  

	1.9	 Interest on overdue monies (clause 8.6) 

At the Lessor’s Bank authorised overdraft lending rate + 5% per annum. 

 

	1.10	 Public risk insurance (clause 15.5) 

$5,000,000.00 
  

	1.11	 Permitted use of land (clause 16.1) 

Rocket engine test and launch site, access road, control room, staff accommodation and facilities, and associated uses. 

 

	1.12	 Option Land (clause 3.2) 

Option Land means the land described in clause 3.2. 
  

	2.	 DEFINITIONS AND INTERPRETATION 

 

	2.1	 Definitions 

In this deed unless the context otherwise requires: 

“Access Road” has the meaning given to it as provided in clause 1.1; 

“Accommodation” has the meaning given to it as provided in clause 13.1(d); 

“Accommodation Access” has the meaning given to it as provided in clause 1.1; 

“Accommodation Site” has the meaning given to it as provided in clause 1.1; 

 “Beach Access” has the meaning given to it as provided in clause 13.1(e);

 “Commencement Date” means the date provided in clause 1.3 on which the term shall commence; 

“Communication Infrastructure” has the meaning given to it as provided in clause 13.9; 

“Company” includes body corporate; 

“Confidentiality Undertaking” has the meaning given to it as provided in clause 23.2(a); 

“Control Room” has the meaning given to it as provided in clause 13.1(b); 

“Control Room Access” has the meaning given to it as provided in clause 1.1; 

“Control Room Site” has the meaning given to it as provided in clause 1.1; 

“Expiration Date” means, in relation to the current term, 30 November 2021; 

“Final Expiration Date” means, if all rights of renewal are exercised, 30 November 2036; 

“Goods and Services Tax” means all tax from time to time payable under the Goods and Services Tax Act 1985; 

“Infrastructure” has the meaning given to it as provided by clause 13.1(c); 

“Land” includes the Lessor’s fixtures and fittings (if any) and all plant, machinery, chattels and other equipment,
referred to in clause 1.1 and such other plant, machinery and other equipment provided by the Lessor from time to time for the land; 

“Launch Fee” means $55,000 plus GST (if any), subject to review pursuant to clause 9.8; 

“Launch Site” has the meaning given to it as provided in clause 1.1; 

“Launch Window” has the meaning given to it in clause 9.4; 

“Lease” includes the schedules forming part of this deed; 

“Lease Year” means each 12-month period during the term commencing from the
Commencement Date; 
 “Lessee” means the Lessee and the Lessee’s executors, administrators, successors and permitted
assigns; 
 “Lessor” means the Lessor and the Lessor’s successors, assigns and persons under the control of the Lessor.

 “Members of the Public” means members of the public and includes any shareholders of the Lessor unless they are a
Specified Person in accordance with this lease; 

 “Onenui Station” shall mean the land owned or controlled by the Lessor as
indicatively set out in Plan L 
 “persons under the control of the Lessee” includes all sublessees, licensees, employees,
agents, contractors, customers and other invitees of the Lessee; 
 “persons under the control of the Lessor” includes all
other lessees, licensees, employees, agents, contractors, customers and other invitees of the Lessee; 
 “Property Expenses”
means rates levies (where they are separately rated against the Land) and all other charges imposed payable to any local or territorial authority in respect of the Land including by way of example only any charges in connection with all water and
electricity consumed on the Land including line charges; 
 “Rescheduled Launch Time” has the meaning given to it as
provided in clause 9.4; 
 “Specified Person” means a person who is approved in writing by the Lessee to remain on the Land
during a launch or testing activity, and who at all times complies with the provisions of clause 10.2; 
 “taonga tuturu”
has the meaning given to that term in the Protected Objects Act 1975; 
 “Works” has the meaning given to it as provided
in clause 13.2. 
  

	2.2	 Interpretation 

In this Lease: 
  

	 	(a)	 Where obligations bind more than one person those obligations shall bind those persons jointly and severally;

  

	 	(b)	 The benefits and burdens shall be binding upon the parties and their respective successors and personal
representatives and any permitted assignees or transferees and references to the parties shall be construed accordingly; 

  

	 	(c)	 Words importing the singular number include the plural and vice versa; 

 

	 	(d)	 A “person” includes any individual, company, corporation, firm, partnership, joint venture,
association, organisation, trust, state, agency of state, government department or municipal authority in each case whether or not having separate legal personality; 

 

	 	(e)	 Any schedule to this deed shall have the same effect as if set out in the body of this deed;

  

	 	(f)	 Clause headings are inserted for reference only and shall not affect the interpretation of this deed;

  

	 	(g)	 References to any statute refer also to any regulation, by-law, order
and notice made under or pursuant to the statute; 

	 	(h)	 References to statutes and regulations refer also to statutes and regulations amending, consolidating or re-enacting those referred to; 

  

	 	(i)	 Expressions defined or explained in any statute shall bear those meanings in this lease; 

 

	 	(j)	 Any covenant not to do anything also constitutes an obligation not to suffer, permit or cause that thing to be
done; 

  

	 	(k)	 References to covenants include conditions and agreements; 

 

	 	(l)	 References to covenants include covenants expressed or implied; 

 

	 	(m)	 To “perform” a covenant includes to keep, observe and fulfil that covenant; 

 

	 	(n)	 A right granted or reserved may be exercised from time to time and at all times; 

 

	 	(o)	 Words and expressions defined are indicated by capital letters for convenience but the absence of a capital
letter shall not alone imply that the word or expression is used with a different meaning from that given by its definition; and 

  

	 	(p)	 Any reference to a “month” or “monthly” shall mean respectively calendar month and calendar
monthly. 

  

	 	(q)	 $ or dollars refers to New Zealand dollars and, unless otherwise specified, all amounts payable by a party
under this Agreement are to be paid in New Zealand currency. 

  

	3.	 COVENANT TO LEASE 

 

	3.1	 Lease 

The Lessor leases the Land to the Lessee and both parties are bound by the terms of this Lease. 

 

	3.2	 Option to Lease Option Land 

 

	 	(a)	 At the Lessee’s option, the Lessee may, at any time during the term of the Lease, including any renewed
term, by giving the Lessor 14 days notice in writing in advance, take a further lease of all or part of the land shown in green and described as Block 2 (Strong’s) and Block 3 (“Matira”) on Plan K in Plan Schedule (“Option
Land”). The Rental for Block 2 and Block 3 from the date of the Lessee’s notice shall be the same annual rent as Block 1 at the date of notification per block, with such rental reviewed in accordance with clause 8.3. 

 

	 	(b)	 The grant of the additional leased area shall be effective upon the date that the Lessor receives a notice
referred to in clause (a) above. 

  

	4.	 KAITIAKITANGA AND TAONGA 

 

	4.1	 The parties recognise the Lessor’s special relationship with the Land and that the exercise of
kaitiakitanga over the Lessor’s whenua is essential to maintain the taonga tuku iho. To foster this, the parties have agreed that a strong and positive relationship is in each party’s best interests and that of the whenua. The parties have
agreed to act and abide by the Partnering Concept to support and promote their relationship and maintain the mana of the whenua. 

	4.2	 The Partnering Concept means: 

 

	 	(a)	 a relationship between the parties based on mutual trust; 

 

	 	(b)	 openness, promptness, consistency and fairness in all dealings and communications between the parties, their
agents, and representatives; 

  

	 	(c)	 an early warning system in respect of any issue or concern that is developing, including the timely supply of
information as and when due, raising such issue or concern at the earliest possible opportunity; 

  

	 	(d)	 cooperative dealings between the parties and constructive mutual steps to avoid differences and to identify
solutions; and 

  

	 	(e)	 open, prompt and fair notification and resolution between the parties of any differences or disputes which may
arise or be apprehended. 

  

	4.3	 The parties recognise and accept that it is impractical to make provision for every contingency that may arise
in the course of the performance of the parties’ obligations under this Lease. The parties agree to conduct themselves in a manner which is consistent with the partnering concept above in clause 4.2 and the Statement of Principles above in
their day-to-day interaction and in performing their obligations under this Lease. 

 

	4.4	 The Lessee agrees to comply with its obligations under the Protected Objects Act 1975, and further, to notify
the Lessor if the Lessee finds any taonga tūturu on any part of the Lessor’s land. 

  

	5.	 EXCLUSION OF STATUTORY PROVISIONS 

 

	5.1	 Exclusion of implied covenants and powers 

Any covenants and powers implied in leases by virtue of the provisions of any Act (including Section 218 and clause 10 of Schedule 3 of
the Property Law Act 2007) are to the extent they are inconsistent with anything in this Lease excluded from this Lease. The provisions of Sections 11-36 of the Animal Products Act 1999 shall not apply to
this Lease. 
  

	6.	 TERM  

  

	6.1	 Term of Lease 

The term shall commence on the Commencement Date and shall expire on the Expiration Date. 

 

	6.2	 Implied Lease 

Should the Lessee with the consent of the Lessor remain in occupation of the Land beyond the Expiration Date (otherwise than pursuant to the
grant of a renewal of lease) the occupation shall be a periodic tenancy only, terminable by 20 working days’ notice at the same rental then payable and otherwise on the same covenants and agreements (so far as applicable to a periodic tenancy)
as expressed or implied in this Deed. 

	7.	 RENEWAL 

  

	7.1	 The Lease will automatically rollover for the applicable Right of Renewal unless the Lessee gives notice of it
intent not to renew the Lease no less than 3 months prior to the end of the applicable Renewal Date. The Lessee will use reasonable endeavours to notify the Lessor of the rollover of the Lease for each Right of Renewal. 

 

	7.2	 If the Lessee, while still in occupation of the Land under this Lease, and the Lease is renewed as per clause
7.1 The Lessor will grant a new lease for a further term from the relevant Renewal Date as follows: 

  

	 	(a)	 The annual rent on renewal shall be determined in accordance with clause 8.3. 

 

	 	(b)	 Subject to clause 8.3(a) the new lease shall be upon and subject to the covenants and agreements expressed and
implied in this Lease except that the term of this Lease plus all further terms shall expire on or before the Final Expiration Date. 

  

	 	(c)	 The parties will not be released by the renewal of the Lease from any liability for any breach under this
Lease. 

  

	8.	 RENTAL, PROPERTY EXPENSES AND GOODS AND SERVICES TAX 

 

	8.1	 Covenant to pay rental 

The Lessee covenants to pay rental to the Lessor at the rate stated in clause 1.5 or as otherwise fixed pursuant to this Lease. 

 

	8.2	 Manner of payment of rental 

 

	 	(a)	 The Lessee shall pay rental by the instalments provided in clause 1.6 in advance on the first day of the months
stated in clause 1.6 but the first payment shall be made on the Commencement Date; and 

  

	 	(b)	 Rental and other moneys shall be paid without deduction or set off (whether legal, equitable, statutory or any
other form) by automatic bank authority or as the Lessor may in writing otherwise direct. 

  

	8.3	 CPI rent review 

 

	 	(a)	 The annual rental payable shall be adjusted annually by CPI on the basis of the average increase (and not
decrease) in the CPI from the preceding 4 quarters by giving notice to the Lessee of the increase (if any) to the maximum annual increase of 2%. 

  

	 	(b)	 If the CPI is discontinued and not replaced, or if there is a material change to the basis of calculation of
the CPI, or a resetting of the CPI, an appropriate index which reflects the change in the cost of living in New Zealand as agreed by the parties and failing agreement to be determined by an expert appointed by the president or vice president of the
New Zealand Law Society will be used. 

	 	(c)	 Notwithstanding any other provision of this clause 8.3, the annual rent payable shall not be less than the
annual rent payable immediately preceding lease year. 

  

	 	(d)	 The new rent determined pursuant to this clause shall be payable annually from 1 December once it is
determined by the Lessor giving notice under this clause. 

  

	 	(e)	 “CPI” means the Consumer Price Index (All Groups) published by Statistics New Zealand or other
government agency and any revised, replacement or substituted index. 

  

	8.4	 Additional payments by Lessee 

The Lessee covenants to pay as additional rental the Property Expenses in the manner provided in clause 1.2. 

 

	8.5	 Goods and Services Tax 

The Lessee shall at the time it falls due for payment pay to the Lessor or as the Lessor shall direct any Goods and Services Tax payable on:

  

	 	(a)	 the rental and any other amounts payable under this Lease; and 

 

	 	(b)	 any of the Property Expenses, 

to the intent that all such rental, other amounts and Property Expenses are paid to the Lessor as net amounts clear of Goods and Services Tax.

  

	8.6	 Interest on overdue rental or other moneys 

If any rental, Property Expenses or other moneys payable by the Lessee remain unpaid for seven days after their due date then the Lessee shall
pay to the Lessor interest on those moneys at the rate provided in clause 1.9 calculated from their due date to the date of payment. The Lessor may recover the moneys in arrears and interest as if they were rental in arrears. 

 

	9.	 LAUNCH PAYMENTS 

 

	9.1	 It is the Lessee’s philosophy that if it is successful in operating its business, and the Lessor complies
totally with the Lessor’s obligations to the Lessee under this lease that success should be shared with the Lessor. 

  

	9.2	 The Lessee therefore agrees that in addition to the base payment of rental for the Land, the Lessee shall pay
to the Lessor a Launch Fee no later than 14 days following receipt of a valid tax invoice from the Lessor, as follows (subject to clause 9.6): 

  

	 	(a)	 if a Launch Window results in the successful lift off of a rocket from the Launch Site, then the Launch Fee
shall be paid in respect of every such successful rocket lift off during that Launch Window; and 

	 	(b)	 if a Launch Window results in the Lessee and Lessor implementing all of the required launch exclusions set out
in clause 10 as per each Launch Window notification, but no rockets achieve lift off in that Launch Window, then one Launch Fee shall be paid in respect of that unsuccessful Launch Window. 

To avoid doubt, no Launch Fee is payable for test activities or hazardous substance buffer zones pursuant to clause 10.1(b), nor for any Launch
Window which is announced but all of the required launch exclusions in clause 10 are not implemented by the Lessee and Lessor for any reason. 
  

	9.3	 The Lessor acknowledges that the Lessee holds all necessary statutory and regulatory consents that permit up to
120 launches per year from the Launch Site. The Lessee agrees to consult with the Lessor in each occasion where it is considering submitting any application to vary any such consents (or apply for new ones). 

 

	9.4	 The Lessee shall give not less than 7 days’ notice to the Lessor of its intention to conduct a launch
within a particular period of time including all applicable exclusion zones, not exceeding 4 weeks (“Launch Window”) and will give as much notice as is practicable in the circumstances of any scheduled launch time within that Launch Window
(acknowledging that launch times can change due to weather and other unforeseen circumstances). Where a launch is scheduled, but for any reason it does not proceed, the Lessee shall be at liberty to reschedule that launch at any time during the
relevant Launch Window (“Rescheduled Launch Time”) and, unless the Lessee advises the Lessor otherwise, the exclusions pursuant to clause 10.1(a) shall apply to the Rescheduled Launch Time. The Lessee shall give the Lessor notice of the
Rescheduled Launch Time as soon as practicable after the originally scheduled time. 

  

	9.5	 Notwithstanding the provisions of clause 28.2 of the terms of this lease, any notice required under this clause
9 shall be effective if sent by email by the Lessee to the email address of the Lessor notified for the purpose by the Lessor to the Lessee, and shall be deemed to be received by the Lessee at the time of sending. 

 

	9.6	 Payment of any Launch Fee is conditional upon total compliance by the Lessor, to the satisfaction of the Lessee
(acting reasonably), with all of the Lessor’s obligations under this lease (whether related to the particular launch or not), including, without limitation and by way of illustration only: 

 

	 	(a)	 the exclusions required pursuant to clause 10.1 being complied with without exception; 

 

	 	(b)	 each Specified Person complying with the provisions of clause 10; and 

 

	 	(c)	 full compliance with the confidentiality provisions in clause 23. 

 

	9.7	 In the event that a launch or test launch is required to be cancelled as a result of the failure by the Lessor
to ensure that the Lessor’s obligations in respect of the exclusion zone requirements are met, the total cost of the aborted launch, as determined by the Lessee, will be payable by the Lessor and will be a debt due by the Lessor to the Lessee.
Such debt may be set off by the Lessee at its discretion from any Launch Fees (whether already due or payable at a future date) payable under this Lease. 

	9.8	 The Launch Fee shall be increased by 2% every Lease Year. 

 

	9.9	 If a total of less than $100,000 plus GST (if any) in Launch Fees is paid by the Lessee relating to any Lease
Year, not as a result of the Lessor’s breach of any term of this Lease, then the Lessee shall pay to the Lessor a top up payment so that the minimum launch fee the Lessor receives in any Lease Year is $100,000 plus GST (if any), paid in arrears
after the end of a Lease Year. 

  

	9.10	 For the avoidance of doubt, the Launch Fees are not rental but are additional payments made in return for
compliance with the Lessor’s obligations to the Lessee under this Lease and as compensation for the disruption of farming activities. 

  

	10.	 EXCLUSION ZONES 

 

	10.1	 The parties acknowledge that the safety of the Lessee’s operation is of paramount concern to both parties;
and that protection of the Lessee’s intellectual property is vital to ensure the sustainability of the Lessee’s business. In order to take all reasonable steps to ensure the safety of the parties, and all persons having access to any part
of the Land or the Lessor’s land, and to assist in the protection of the Lessee’s intellectual property, the Lessor agrees to the Lessee establishing and maintaining exclusion zones and times in accordance with: 

 

	 	(a)	 in the case of Launch Windows and scheduled launches, the table below, unless, in relation to a particular
launch, the Lessee expressly notifies the Lessor otherwise in writing; and 

  

	 	(b)	 for testing activities (including wet dress rehearsals and other
non-launch activities), and hazardous substance buffer zones, any requirements (less than the full exclusion requirements set out in the table below) of the Lessee notified to the Lessor from time to time. The
Lessee shall give at least 6 hours’ notice to the Lessor of its intention to conduct testing activities within a particular period of time (acknowledging that times can change due to weather and other unforeseen circumstances).

 It shall be the Lessor’s obligation to ensure that all persons under the control of the Lessor (including all
staff, contractors and/or shareholders of the Lessor) who are present comply with the exclusion requirements set out in the table or otherwise notified to the Lessor by the Lessee; and the Lessor and the Lessee shall work together to ensure that the
exclusion requirements are enforced against Members of the Public. 

							
	 Area of land
	  	 Description
	  	
Reference in Plan
Schedule
	  	 Restriction from exclusion
zones

	General exclusion zone	  	Area with restricted access prior to and during launches	  	shaded in red in Plan E – includes Waikawa (Portland) Island	  	 1. No access to any part of the zone by Members of the Public, including any shareholders of
the Lessee other than a Specified Person, from 24 hours prior to a scheduled launch time until advised by Rocket Lab.
  

2. To be vacated by all persons other than Specified Persons not later than one hour prior to scheduled launch
time until advised by Rocket Lab.

				
	Table Cape - Zone	  	Area immediately adjacent to launch site shown.	  	shaded in red in Plan F	  	To be vacated by all but Specified Persons not later than four hours prior to scheduled launch time until advised by Rocket Lab.
				
	Restricted Zone 2 –	  	Land south of shearing quarters	  	shaded in red in Plan G	  	To be vacated by all but Specified Persons not later than two hours prior to scheduled launch time until advised by Rocket Lab.
				
	Stock exclusion zone	  	an area approximately 500 m from launch pad delineated by existing paddock boundaries	  	shaded in yellow on Plan H	  	All stock to be removed from this area not later than 24 hours prior to scheduled launch until advised by Rocket Lab.
				
	Maritime Exclusion Zone	  	Surrounding coastal and sea areas	  	Outlined in red on Plan L	  	To be vacated by all people and vessels not later than five hours prior to scheduled launch time until advised by Rocket Lab (this to be conducted with the involvement of the relevant maritime authorities). It is acknowledged
that the maritime area is outside of the Lessor’s control.

  

	10.2	 A Specified Person is a person who is approved in writing by the Lessee to remain on the Land or in an
exclusion zone during a launch or testing activity, and who has complied with all necessary site and hazard induction protocols required from time to time by the Lessee to ensure the safety of its site and operations. Any Specified Person:

  

	 	(a)	 must comply with all directions of the Lessee at all times; 

 

	 	(b)	 must be accredited in writing by the Lessee to be present in respect of that particular launch or testing
activity; 

	 	(c)	 shall be required to wear or carry that accreditation or security clearance at all times; and

  

	 	(d)	 shall be in physical or radio contact at all times during the exclusion periods with the duly appointed
representatives of the Lessee. 

 The Lessor shall, promptly after the Lessee gives the Lessor notice of scheduled launch
times pursuant to clause 9.4, or planned timing of testing activities pursuant to clause 10.1(b), provide a list of all applicable exclusion zones and any Specified Persons who will remain within the boundaries of the relevant exclusion zones
during the launch or testing activity. For the avoidance of doubt if no exclusion zones have been specified all exclusion zones shall apply. 
  

	10.3	 Any Specified Person shall, if required by the Lessee, sign a confidentiality undertaking in accordance with
clause 23 which will require the Specified Person to agree not to disclose any information knowhow or processes observed by the Specified Person during a launch or testing activity, nor without the specific consent of the Lessee’s
representatives, to take any photograph. If a Specified Person is not willing to sign such an undertaking, that person must immediately leave the General Exclusion Zone or other relevant exclusion zone if this is required by the Lessee.

  

	10.4	 A register of the Specified Persons shall be kept by the Lessee and notified to the Lessor from time to time
and prior to each launch. Each Specified Person shall be bound by the protocols of the Lessee relating to restrictions on access to the Land which shall be advised from time to time to the Lessor and any further requirements of the Lessee which
shall be established in consultation with the Lessor. 

  

	10.5	 For the avoidance of doubt, the Lessee may, at its discretion, withhold its approval, without providing any
reason therefor, of any person to qualify or remain qualified as a Specified Person. 

  

	10.6	 The parties acknowledge that the Harbour Master is primarily responsible for enforcing the Maritime Exclusion
Zone, and that the Lessor’s responsibilities to enforce this zone are limited to those aspects which are reasonably within its control, for example (without limitation), restricting beach access to avoid any vessels being launched.

  

	10.7	 The Lessee agrees to not unreasonably withhold use of the Access Road by the Lessor, its staff, contractors,
shareholders or any other party authorised by the Lessor when the exclusion zones are not active. 

  

	11.	 ASSIGNMENTS/SUBLETTING 

 

	11.1	 Lessee not to sublet or assign without consent 

The Lessee will not, except as provided in this clause, sublet, assign, mortgage, charge or part with possession of the Land or any part of the
Land or this Lease or any estate or interest of this Lease to any person. The Lessee may with the prior written consent of the Lessor assign the whole of this Lease or sublet part only of the Land. The Lessor will not unreasonably withhold the
Lessor’s consent to an assignment or subleasing to a respectable, responsible, solvent and suitable assignee or sublessee, who the Lessor is satisfied will respect the mana of the whenua, and who will comply with clause 4 (“the
Transferee”). Before giving consent and as a condition precedent the Lessor shall be entitled to performance and satisfaction of the following conditions: 
  

	 	(a)	 The Lessee shall demonstrate to the satisfaction of the Lessor that the proposed Transferee is responsible and
of sound financial standing; 

	 	(b)	 All rental and other moneys payable by the Lessee to the Lessor up to the date of the proposed transfer
assignment or subletting have been paid; 

  

	 	(c)	 There is not any existing unremedied breach of any of the terms of this Lease; 

 

	 	(d)	 In the case of an assignment the execution by the Transferee of a covenant with the Lessor, in a form
acceptable to the Lessor, that the Transferee will be bound by and perform the covenants in this Lease to be observed and performed by the Lessee but the execution of such covenant shall not release the Lessee from the Lessee’s obligations
under this Lease; 

  

	 	(e)	 All costs incurred by the Lessor (whether or not the proposed sublease or assignment proceeds to completion)
have been paid by the Lessee; 

  

	 	(f)	 In the case of an assignment where the proposed Transferee is a company not listed by the New Zealand Stock
Exchange the Lessor may require the directors and the controlling shareholders of such company to enter into a deed guaranteeing the performance by that company of the term, such guarantee to be in a form acceptable to the Lessor, and the costs
incurred by the Lessor in the preparation and execution of such guarantee shall be paid by the Lessee; and 

  

	 	(g)	 In the case of a sublease the Lessor may stipulate that the sublease contains a condition that it not be
assigned nor the area sublet be further sublet without the prior written consent of the Lessor and the terms of clause 11.1 shall apply to such consent. 

  

	11.2	 Change in shareholding of Lessee 

For the purposes of clause 11.1 any proposed change in the shareholding of the Lessee altering the effective control of the Lessee (if an
unlisted company as provided in subclause 11.1(f) shall be a proposed assignment of this Lease requiring the consent of the Lessor. 
  

	11.3	 Statutory assignments or sublettings 

Any assignment or underletting of the interest of the Lessee within the meaning of Section 226 of the Property Law Act 2007 shall be a
breach of the provisions of clause 11.1. 
  

	11.4	 Notwithstanding any other provision of this lease, the Lessee is permitted assign this lease to any company in
which the Lessee or the Lessee’s parent company holds not less than 80% of the voting shares without the consent of the Lessor. The Lessee shall give notice in writing to the Lessor of any such assignment. 

	12.	 MAINTENANCE AND HUSBANDRY OF THE LAND 

 

	12.1	 Lessee to keep the Land in good repair 

 

	 	(a)	 The Lessee shall keep all fences, ditches, bridges, stockyards, gates, and things on or to be erected on the
Land in the good repair and condition, but the Lessee shall not be liable to yield them up in any better state of repair or condition than as at the commencement of this Lease, and at the expiration or sooner determination of the Lease shall yield
them up in good repair and condition; and 

  

	 	(b)	 The obligation of the Lessee stated in subclause 12.1(a) does not include responsibility for any fair wear and
tear arising from reasonable use or damage caused by flood, fire, storm, tempest or aircraft where such damage is not attributable to any act or omission on the part of the Lessee or persons under the control of the Lessee. 

 

	12.2	 Drains, ditches etc 

The Lessee shall not less than once every Lease Year clean out and open all ditches, drains and other water courses on the Land and take all
proper steps to keep such ditches, drains and water courses clear and unobstructed. 
  

	12.3	 Water reticulation 

 

	 	(a)	 The Lessor has a current water reticulation system that is adequate for stock purposes. The Lessee may use the
Lessor’s water reticulation system provided the Lessee’s use will not unreasonably interfere with the Lessor’s use of the system. Lessor shall provide Lessee notice if the Lessee is unable to use the water reticulation system for any
reason and for the required period. If the Lessee requires the system to be upgraded, the Lessee may do so at its own cost and with the Lessor’s prior consent, such consent not to be unreasonably withheld. 

 

	 	(b)	 Subject to clause (a) above the Lessee’s access to the water reticulation system shall be limited to
the Land provided that the Lessee may utilise the water reticulation system for adjoining land for emergency purposes only and provided further that in each case the Lessor is advised by the Lessee of the emergency use of water.

  

	12.4	 Waste 

  

	 	(a)	 The Lessee shall ensure the Land is kept free from rubbish, and ensure that all rubbish, wastewater, and sewage
is regularly removed from the Land. 

  

	13.	 LESSEE’S IMPROVEMENTS 

 

	13.1	 It is intended that the Lessee will construct all improvements required for the development and operation of
the launch site. This will include: 

  

	 	(a)	 the Access Road, including cattle stops and fences to ensure that the Access Road is kept free of stock;

  

	 	(b)	 a launch control room on the Control Room Site (“Control Room”); 

 

	 	(c)	 infrastructure required in respect of the launches and other authorised activities of the Lessee
(“Infrastructure”); 

	 	(d)	 temporary accommodation and facilities for staff (“Accommodation”) on site mutually agreed between
the Lessee and Lessor; and 

  

	 	(e)	 Unpaved access not less than 4 m wide from the Access Road along the east side of the launch site (Point
Paddock) to the existing track leading down to the boat landing beach as shown marked in white on Plan K in the Plan Schedule (“Beach Access”).  

 

	13.2	 If the Lessee wishes to construct any additional buildings, roads, or any other infrastructure on the Land (the
“Works”), it will first provide to the Lessor plans and specifications of the proposed Works for the Lessor’s consultation. The Lessor may at this time specify whether or not which Works need to be removed by the Lessee at the expiry
or earlier determination of this Lease. 

  

	13.3	 The Lessor consents to the Lessee constructing the Access Road, the Control Room, the Accommodation, the Beach
Access, the Control Room Access, the Accommodation Access and the Infrastructure (together referred to as “Works”) at the Lessee’s costs in all respects. 

 

	13.4	 The Lessee will endeavour to ensure any Works constructed maintain the special features of the Land and ensure
high quality aesthetics for the Works consistent with a high quality facility that shows appropriate respect for the Land and the Lessor. 

  

	13.5	 It is a condition of the Lessor’s consent that: 

 

	 	(a)	 the Works are carried out in a proper and workmanlike manner; and 

 

	 	(b)	 that all necessary statutory or regulatory consents and approvals to the Works, of whatever nature, are first
obtained by the Lessee, and any conditions of those consents or approvals are fully complied with by the Lessee. 

  

	13.6	 The Lessor shall have no access to the Works except with the prior written consent of the Lessee, except for
the Access Road, and Beach Access which if they are not required by the Lessee will be made available for farm use. 

  

	13.7	 At the end of the term of the Lease, the Lessee shall not remove the Access Road, road gates, fences, cattle
stops or Beach Access from the Land and will not require any compensation from the Lessor for these remaining on the Land. The Lessee may remove all or part of the Control Room, Accommodation and the remainder of the Infrastructure at its
discretion, provided that if the Lessee removes any of its infrastructure, the Lessee shall make good any damage caused on removal. If the Lessee chooses not to remove the Control Room, Accommodation and Infrastructure they will be forfeited to the
Lessor and the Lessor shall not be liable to pay any compensation to the Lessee for those remaining on the Land. 

  

	13.8	 The Works will be kept by the Lessee in good and substantial repair throughout the term of the Lease.

  

	13.9	 The Lessee may throughout the term of the Lease, at the Lessee’s risk, place and maintain on any part of
the Lessor’s land, including on Waikawa (Portland) Island, minor infrastructure or posts for the purposes of installing equipment for of the effective operation of the launch site, including, without limitation: 

 

	 	(a)	 Automatic weather station; 

	 	(b)	 Network communications; 

 

	 	(c)	 Cameras; 

  

	 	(d)	 Generators and other equipment; 

 

	 	(e)	 Tracking Dishes; 

  

	 	(f)	 Telemetry Antennae; 

  

	 	(g)	 Shipping Containers; 

 

	 	(h)	 Signs. 

  

	13.10	 Waikawa (Portland) Island is site of cultural significance to the Lessor and the Lessee acknowledges Waikawa
(Portland) Island contains may wahi tapu (sacred) areas. Any infrastructure or posts required pursuant to clause 13.8 on Waikawa (Portland) Island shall be subject to the prior approval of the Lessor, including any specific access and location
restrictions. The Lessee agrees to access the Communication Infrastructure via the agreed formed pathways. The parties acknowledge that approval has been granted to the Lessee to locate, maintain and operate, for the term of the Lease, a Marine VHF
radio repeater with solar panel power supply, and a secondary re-broadcasting antenna (“Communication Infrastructure”) on Waikawa (Portland) Island and to access that infrastructure as required to
maintain, upgrade, replace or repair it. 

  

	14.	 LESSEE’S ADDITIONAL RIGHTS 

 

	14.1	 For the purposes of the Lessee’s launching activities, the Lessee shall be authorised by this Lease, at
all reasonable times, to locate on the Land the following: 

  

	 	(a)	 Rocket Lab launch control centre with suitable portable buildings and fencing; 

 

	 	(b)	 Portaloos; 

  

	 	(c)	 Portable accommodation; 

 

	 	(d)	 Range safety facility (either permanent or mobile); and 

 

	 	(e)	 Communications equipment including satellite dishes, aerials, cables or conduits. 

 

	14.2	 The Lessee shall be entitled to fill its water tanks by taking up to 20 m3 per day from upstream dams or
other sources on the Lessor’s property, including the pond partly located within the leased area, during non-drought conditions. The Lessor acknowledges that the Lessee holds the appropriate resource
consent for this purpose. The Lessor shall have first priority to the tanks and pond for stock. 

  

	14.3	 The Lessee may from time to time utilise for parking the land adjacent to the wool shed at Mahia East Coast
Road as shown on the plan marked J in the Plan Schedule. 

	15.	 INSURANCE AND INDEMNITY 

 

	15.1	 The Lessor acknowledges that the Lessor does not have any insurable assets on the Land. The Lessee shall be
under no liability to insure its assets on the Land, but may choose to do so at its option. 

  

	15.2	 Lessee to occupy Land at Lessee’s risk 

The Lessee agrees to occupy and use the Land at the Lessee’s risk and releases to the full extent permitted by law the Lessor and the
Lessor’s shareholders, employees and agents from all claims and demands of any kind and from all liability which may arise in respect of any accident damage or injury occurring to any person or property in or about the Land. 

 

	15.3	 Indemnity by Lessee 

The Lessee shall keep the Lessor indemnified against all claims, actions, losses and expenses of any nature which the Lessor may suffer or
incur or for which the Lessor may become liable in respect of: 
  

	 	(a)	 The neglect or careless use or misuse by the Lessee or persons under the control of the Lessee of the Land or
arising out of any faulty fixture or fitting of the Lessee; and 

  

	 	(b)	 Any accident or damage to property (including but not limited to fences, water supply and power supply), any
livestock outside the required exclusion zones set out in clause 10 or any person arising from any occurrence on or near the Land wholly or in part by reason of any act or omission by the Lessee or persons under the control of the Lessee.

  

	15.4	 Benefit of Lessor’s insurance 

Where the Land is destroyed or damaged by fire, flood, explosion, lightning, storm, earthquake, volcanic activity or any risk against which the
Lessor is (or has covenanted with the Lessee to be) insured the Lessor will not require the Lessee to meet the cost of making good the destruction or damage to the Land and will indemnify the Lessee against such cost where the Lessee is obligated to
pay for making good such damage or destruction. The Lessor does not have to indemnify the Lessee and the Lessee will not be excused from liability under this subclause if and to the extent that: 

 

	 	(a)	 The destruction or damage was intentionally caused by the Lessee or those for whom the Lessee is responsible;
or 

  

	 	(b)	 The destruction or damage was the result of an act or omission by the Lessee or those for whom the Lessee is
responsible and that act or omission: 

  

	 	(i)	 occurred on or about the Land; and 

 

	 	(ii)	 constitutes an imprisonable offence. 

 

	 	(c)	 Any insurance moneys that would otherwise have been payable to the Lessor for the damage or destruction are
rendered irrecoverable in consequence of any act or omission of the Lessee or those for whom the Lessee is responsible. 

	15.5	 Public risk insurance 

The Lessee at the Lessee’s expense shall effect and keep current in respect of the Land and the Lessee’s use of the Land a policy of
public insurance (including cover for forestry and rural fires caused by the Lessee) for an amount not less than that provided in clause 1.7, or such other amount from time to time reasonably required by the Lessor, for any one event with a
substantial reputable insurance office or company first approved in writing by the Lessor (such approval not to be unreasonably or arbitrarily withheld). 
  

	16.	 USE OF LAND AND BUILDINGS 

 

	16.1	 Use to which the Land may be put by Lessee 

The Lessee shall only use the Land for the purposes stated in clause 1.11. 

 

	16.2	 No warranty by Lessor as to suitability of Land 

 

	 	(a)	 The Lessor does not warrant: 

 

	 	(i)	 that the Land is or will remain suitable or adequate for any of the purposes of the Lessee, including the
permitted use provided in clause 1.11; or 

  

	 	(ii)	 that the permitted and conditional uses of the Land provided in the relevant town planning ordinances permit
the operation of such purposes or the permitted use. 

  

	 	(b)	 The Lessee accepts the Land as being satisfactory in all respects and with full knowledge of and subject to any
prohibitions or restrictions on the use of the Land. 

  

	16.3	 Payment of utility charges by Lessee 

 

	 	(a)	 The Lessee shall pay to the proper authorities all charges for utilities and other services connected or used
in the Land. Should the Lessee make default in payment of such charges the Lessor may pay them and immediately recover the amount paid as if it were rental in arrears payable by the Lessee. 

 

	 	(b)	 The Lessee shall be entitled to from time to time at the Lessee’s convenience to connect into the
Lessor’s existing electricity feed with the Lessor’s prior consent, which must not to be unreasonably withheld or delayed. The Lessee will install a separate meter and pay the Lessor for its electricity usage at the rate charged to the
Lessor by its electricity supplier plus a percentage of supply charge (daily fixed charge) payable pro-rata to usage. 

  

	16.4	 Notice of damage and defects by Lessee 

The Lessee shall immediately give notice to the Lessor of: 
  

	 	(a)	 Any damage or accident to or defects in the Land; and 

 

	 	(b)	 Any circumstances occurring within the Land likely to cause damage or injury. 

	17.	 LESSOR ACCESS 

 

	17.1	 As a result of the unique nature of the Lessee’s use of the Land, the Lessor shall not be entitled to
access to the Land subject to this lease under any circumstances without the prior written consent being provided by the Lessee. Such consent shall not be unreasonably withheld where the Lessor has given the Lessee reasonable notice of its desire to
have access to the property, and where the date of intended access does not clash with a scheduled or deferred launch date. 

  

	17.2	 If the Lessor accesses the Land, the Lessor will comply with all health and safety protocols and directions as
advised by the Lessee. 

  

	18.	 HEALTH AND SAFETY OBLIGATIONS 

 

	18.1	 The Lessor and Lessee acknowledge that the use of the Land as a launch site will introduce health and safety
issues to the Land over and above that which would be expected in a rural situation. 

  

	18.2	 The Lessee and Lessor must, and must each ensure that their respective officers, employees, contractors,
subcontractors and agents, comply with the Health and Safety at Work Act 2015 (the “HSWA”), and all relevant regulations and codes of practice issued thereunder, at all times. 

 

	18.3	 The parties agree to, so far as reasonably practicable, consult, cooperate with and coordinate activities with
each other on health and safety matters relating to the Land. 

  

	18.4	 The Lessor and Lessee must, so far as is reasonably practicable, ensure the health and safety of:

  

	 	(a)	 its workers (as defined by the HSWA); 

 

	 	(b)	 any others who may be put at risk by the Lessee’s use of the Land. 

 

	18.5	 The Lessor and Lessee must, so far as is reasonably practicable, ensure that no act or omission gives rise to,
or is likely to give rise to, the issuing of a notice or enforcement action under any health and safety legislation (including the HSWA) against itself or the other party. 

 

	18.6	 The Lessee acknowledges and agrees that it is primarily responsible for managing the risks arising from its
particular use of the Land, and the Lessor is, to a degree, reliant on the Lessee’s expertise and ability to influence and control the Lessee’s activities on, and use of the Land in this regard. 

 

	18.7	 The Lessee and all contractors and agents working for the Lessee, must have in place a written health and
safety policy and risk management plan, and the Lessee and Lessor must each ensure that they each (including their officers, employees, contractors, subcontractors and agents) comply with that policy and risk management plan. 

 

	18.8	 The risk management plan must, at a minimum: 

 

	 	(a)	 identify health and safety risks arising from the use of the Land; 

 

	 	(b)	 establish controls to eliminate or minimise those health and safety risks so far as is reasonably practicable;
and 

	 	(c)	 describe the duties that overlap with other persons conducting a business or undertaking (“PCBUs”)
(including the Lessor) and ensure that there are arrangements to consult, cooperate and coordinate with those other PCBUs in order to manage health and safety risks and events (including accidents, harm or near misses) so far as is reasonably
practicable. 

  

	19.	 STOCK SAFETY 

 

	19.1	 The Lessor shall comply with the Lessor’s obligations in respect of removing stock from the Stock
Exclusion Zone during launches. 

  

	20.	 FARMING ACCESS 

 

	20.1	 The Lessee agrees that at any time when the Land is not being used for launch purposes and there is no relevant
exclusion zone in place, the Access Road will be available to be utilised by the Lessor for its farming operations subject to clause 20.2. 

  

	20.2	 Such use shall be limited to times when the Land is not being prepared for, or utilised for, a launch, and the
Lessor acknowledges that the Land will at all times be under the strict control of the Lessee, who shall have the right at all times to require vacant possession of the Land upon reasonable notice. 

 

	20.3	 Any occupation of the Land by the Lessor pursuant to the provisions of this clause shall be at the
Lessor’s risk in all respects, and the Lessor shall use its best endeavours to: 

  

	 	(a)	 ensure that its stock, stock trucks, farm equipment, staff and all other associated activities do not interfere
with or damage the Lessee’s improvements on the Land; 

  

	 	(b)	 make good any damage the Lessor may cause to the improvements (including the surface of the road, fencing,
gates, drainage, culverts, and cattle stops) provided by the Lessee. 

  

	20.4	 For the avoidance of doubt, the parties agree that no shareholder of the Lessor, other than a Specified Person,
shall have or be granted access to any part of the Land subject to this Lease by the committee of the Lessor during the period 24 hours before any scheduled launch. Where the committee of the Lessor gives consent to any shareholder to have access to
the land at any other time, the Lessor will be responsible for any loss which may arise from the breach of any of the terms of this lease caused by an act or omission of such shareholder. 

 

	21.	 NO OTHER LEASE WITHOUT CONSENT 

 

	21.1	 The Lessor shall not grant or agree to grant any lease, licence or any other form of tenure of any part of
Onenui Station to any person without the prior written consent of the Lessee, (which consent may not be unreasonably withheld provided that there is no risk of adverse impact on the Lessee’s activities on the Land (including protection of its
intellectual property) the intended lease, licence or tenure is not granted to a third party or who in direct competition to the Lessee and/or its activities, and otherwise, may be withheld for any reason) unless such tenure is solely for the
purpose of pastoral farming. 

	22.	 DAY-TO-DAY MANAGEMENT

  

	22.1	 The Lessor, if required by the Lessee, will appoint a representative to be available to the Lessee as a point
of contact at all times to ensure the seamless access to the Land and the performance of the Lessor’s obligations under this Lease. The initial appointed representative is Pat O’Brien and shall be paid an annual fee of $25,000.00 per year
by the Lessee to be reviewed annually. If the representative changes at any time, the parties must agree on a suitable replacement. 

  

	22.2	 The Lessee reserves the right to work on the Land at night (at all hours) and where appropriate or necessary
for the purpose to create noise or utilise lights. The Lessee will use its best endeavours to minimise disruption to residential occupiers of the Land as much as possible during these times. 

 

	23.	 CONFIDENTIALITY, IMAGERY AND PUBLICITY 

 

	23.1	 The Lessor shall not itself (and shall ensure that each Specified Person and every contractor, staff member,
and any other person who enters upon or is present on the Land with the express or implied authority of the Lessor at any time does not), without the prior written approval of the Lessee, ever: 

 

	 	(a)	 publish, distribute, or authorise any third party to publish or distribute any image, of any rocket, payload,
Infrastructure, launch, or other activities of the Lessee on or above the Land; or 

  

	 	(b)	 make any comment on social media, the internet or to the general media about the activities of the Lessee on or
above the Land, the use of the Land or any rocket, payload, Infrastructure, or launch connected with the Land or the Lessee. 

  

	23.2	 The Lessor and Lessee agree not to disclose or permit disclosure either directly or indirectly any of the terms
of this Lease or any documents associated with this Lease except as required by law or as necessary to obtain professional advice without the prior consent of the other party. Neither the Lessor or Lessee shall make any announcement or disclosure
relating to this Lease or any documents associated with this Lease or the subject matter of this Lease or those documents without the prior consent of the other party. 

 

	23.3	 The Lessor shall: 

  

	 	(a)	 sign the Confidentiality Undertaking in the form annexed (“Confidentiality Undertaking”) at the same
time as it signs this lease and provide it to the Lessee; and 

  

	 	(b)	 ensure that each Specified Person and every contractor, staff member, and any other person who enters upon or
is present on the Land with the express or implied authority of the Lessor at any time signs a Confidentiality Undertaking and provides it to the Lessee before that Specified Person enters the Land. 

 

	24.	 DEFAULT BY LESSEE 

The Lessor may (in addition to the Lessor’s right to apply to the Court for an order for possession) cancel this lease by re-entering the Land or any part of the Land at the time or at any time thereafter: 
  

	 	(a)	 If the rent shall be in arrears 10 working days after any of the rent payment dates and the Lessee has failed
to remedy that breach within 10 working days after service on the Lessee of a notice in accordance with Section 245 of the Property Law Act 2007; 

	 	(b)	 In case of breach by the Lessee of any covenant or agreement on the Lessee’s part herein expressed or
implied (other than the covenant to pay rent, but including the covenant to pay the Launch Fee) after the Lessee has failed to remedy that breach within the period specified in a notice served on the Lessee in accordance with Section 246 of the
Property Law Act 2007; 

  

	 	(c)	 If the Lessee shall make or enter into or endeavour to make or enter into any composition assignment or other
arrangement with or for the benefit of the Lessee’s creditors; 

  

	 	(d)	 In the event of the insolvency, bankruptcy or liquidation of the Lessee; or 

 

	 	(e)	 If the Lessee shall suffer distress or execution to issue against the Lessee’s property goods or effects
under any judgement against the Lessee in any Court for a sum in excess of five thousand dollars ($5,000.00) 

 and the
term shall terminate on such cancellation but without prejudice to the rights of either party against the other. 
  

	24.2	 Essential terms 

 

	 	(a)	 Any breach of the following covenants by the Lessee shall be a breach of an essential term of this Lease:

  

	 	(i)	 the covenant to pay rental, Property Expenses and other moneys due to the Lessor (including the Launch Fee)
throughout the term where such breach of covenant gives rise to a right of re-entry pursuant to this Lease; and 

  

	 	(ii)	 the covenant dealing with assignments, subletting and parting with possession. 

 

	 	(b)	 The Lessee shall compensate the Lessor for any breach of an essential term of this Lease and the Lessor is
entitled to recover damages from the Lessee in respect of such breaches. The Lessor’s entitlement under this clause is in addition to any other remedy or entitlement to which the Lessor is entitled (including the right to terminate this Lease);

  

	 	(c)	 In respect of the obligation referred to in subclause 24.2(a)(i) acceptance by the Lessor of arrears or of any
late payment of rental shall not be a waiver of the essentiality of the Lessee’s obligation to pay rental in respect of those arrears or late payment or the Lessee’s continuing obligation to pay rental throughout the term.

  

	24.3	 Compensation for breach 

 

	 	(a)	 In the event the Lessee’s conduct (whether acts or omissions) constitutes a repudiation of this Lease (or
of the Lessee’s obligations under this Lease) or constitutes a breach of any Lease covenants the Lessee shall compensate the Lessor for the loss or damage suffered by reason of the repudiation or breach. 

	 	(b)	 The Lessor shall be entitled to recover damages against the Lessee in respect of repudiation or breach of
covenant for the damage suffered by the Lessor during the whole of the term. 

  

	 	(c)	 The Lessor’s entitlement to recover damages shall not be affected or limited by any of the following:

  

	 	(i)	 if the Lessee shall abandon or vacate the Land; 

 

	 	(ii)	 if the Lessor shall elect to re-enter or to terminate the Lease;

  

	 	(iii)	 if the Lessor shall accept the Lessee’s repudiation; and 

 

	 	(iv)	 if the parties’ conduct shall constitute a surrender by operation of law. 

 

	 	(d)	 The Lessor shall be entitled to recover damages against the Lessee in respect of the entire term including the
periods before and after the Lessee has vacated the Land and before and after the events referred to in subclause 24.3(c) whether recovery proceedings are instituted before or after such conduct. 

 

	25.	 COVENANTS BY LESSOR 

 

	25.1	 Rates 

The Lessor shall pay all rates, taxes and assessments charged upon the Land except those which the Lessee is obliged to pay. 

 

	25.2	 Quiet enjoyment 

The Lessee performing the Lessee’s obligations under this Lease shall peaceably possess and enjoy the Land without any undue interruption
or disturbance from the Lessor. 
  

	26.	 DISPUTE RESOLUTION  

 

	26.1	 The parties will first endeavour to resolve any dispute or difference by agreement and if they agree by
mediation. 

  

	26.2	 Unless any dispute or difference is resolved by mediation or other agreement within 30 days of the dispute or
difference arising, the same shall be submitted to the arbitration of one arbitrator who shall conduct the arbitral proceedings in accordance with the Arbitration Act 1996 or any other statutory provision then relating to arbitration.

  

	26.3	 If the parties are unable to agree on the arbitrator, an arbitrator shall be appointed, upon request of any
party, by the president or vice president of the New Zealand law society. That appointment shall be binding on all parties to the arbitration and shall be subject to no appeal. The provisions of Article 11 of the First Schedule of the Arbitration
Act 1996 are to be read subject to this and varied accordingly. 

	26.4	 The procedures prescribed in this clause shall not prevent the Lessor from taking proceedings for the recovery
of any rent or other monies payable under this lease which remain unpaid or from exercising the rights and remedies in the event of the default prescribed in clause 24. 

 

	27.	 MORTGAGE OF THE LAND 

The Lessee shall not call upon the Lessor to execute a registrable memorandum of lease of the Land unless the Lessee shall have first paid to
the Lessor the full amount of the costs and expenses to be incurred, including legal, survey and Lessor’s administration, in preparing, executing and causing to be registered such memorandum of lease and the Lessee shall not at any time lodge a
caveat against any title to the land comprising the Land. 
  

	28.	 MISCELLANEOUS 

 

	28.1	 Costs 

Each party will pay their own costs of the negotiation and preparation of this lease and any deed recording a rent review or renewal. The
Lessee shall pay the Lessor’s costs incurred in considering any request by the Lessee for the Lessor’s consent to any matter contemplated by this lease, and the Lessor’s legal costs (as between lawyer and client) of and incidental to
the enforcement of the Lessor’s rights, remedies and powers under this lease. 
  

	28.2	 Notices 

  

	 	(a)	 Any notice or other document required to be given or served under this Lease may (in addition to any other
method permitted by law): 

  

	 	(i)	 in the case of the Lessee be given or served by registered post or by delivery to the Lessee at the
Lessee’s last known place of abode or business or by delivery to the Land; and 

  

	 	(ii)	 in the case of the Lessor by registered post or by delivery to the Lessor’s principal place of business or
such address as may be notified to the Lessee from time to time. 

  

	 	(b)	 Any notice or other document shall be deemed to have been served on the other party one business day after the
date of posting or delivery. 

  

	 	(c)	 In the case of any notice or document required to be served or given by the Lessor the same may be signed on
behalf of the Lessor by any authorised officer of the Lessor or by the Lessor’s solicitors. 

  

	28.3	 Compliance with Statutes and regulations 

 

	 	(a)	 The Lessee shall comply with the provisions of all statutes, ordinances, regulations, and by-laws in any way relating to or affecting the Land or the use of the Land by the Lessee or other occupant and will also comply with the provisions of all licences, requisitions and notices issued by any competent
authority in respect of the Land or their use by the Lessee or other occupant. 

	 	(b)	 Notwithstanding the provisions of clause (a) above where the Land or any part of the Land comprises a
building owned by the Lessor then the Lessor will undertake such action required to ensure compliance with the Building Act 2004 (unless any particular obligation is the responsibility of the Lessee as the occupier of the Land) but the Lessee shall
on demand by the Lessor pay by way of refund to the Lessor all costs incurred by the Lessor in respect of such action. 

  

	28.4	 Waiver 

No waiver or failure to act by either party in respect of any breach by the other shall operate as a waiver of another breach. 

 

	28.5	 Relationship 

Nothing in this Lease, including clause 4 and the Statement of Principles, creates or evidences any partnership or fiduciary relationship
between the parties, and nothing in clause 4 or the Statement of Principles limits or restricts an express term of this Lease. 
  

	28.6	 Counterparts 

This lease may be executed in two or more counterparts, all of which will together be deemed to constitute one and the same lease. A party may
enter into this lease by signing a counterpart copy and sending it to the other party, including by facsimile or email. 
  

							
	 Executed as a deed.
	  		 		 	
				
	 SIGNED for and on behalf of THE
	  	)	 	/s/ G. Mackey	 	G. Mackey
	 PROPRIETORS OF TAWAPATA SOUTH
	  	)	 		 	
	 as Lessor by two committee members
	  	)	 	/s/ Pat O’Brien	 	Pat O’Brien
	 in the presence of:
	  	)	 		 	

  

			
	Witness signature	 	/s/ Robyn Tomlinson

  

			
	Witness name:	 	Robyn Tomlinson

  

			
	Occupation:	 	Chartered Accountant

  

			
	Address:	 	Gisborne

  

							
	 SIGNED for and on behalf of
	  	)	 		 	
	 ROCKET LAB LIMITED as Lessee by its
	  	)	 		 	
	 sole director in the presence of:
	  	)	 	/s/ Peter Beck	 	 

			
	Witness signature	 	/s/ Courtney Dick

  

			
	Witness name:	 	Courtney Dick

  

			
	Occupation:	 	Lawyer

  

			
	Address:	 	Auckland, New ZealandEX-10.15

 Exhibit 10.15 

CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND IS OF THE TYPE THAT REGISTRANT TREATS AS
PRIVATE OR CONFIDENTIAL. 
 LAUNCH SITE ACCESS AND OPERATIONS SUPPORT AGREEMENT FOR LC-2 

BY AND BETWEEN 
 ROCKET LAB USA,
INC. 
 AND 
 THE VIRGINIA
COMMERCIAL SPACE FLIGHT AUTHORITY 
  

 Table of Contents 
  

					
	 	  	Page	 
	 ARTICLE I—INTRODUCTION
	  	 	4	 
		
	 ARTICLE II—DEFINITIONS
	  	 	5	 
		
	 ARTICLE III—SUPPORT OF ROCKET LAB LAUNCH ACTIVITIES
	  	 	7	 
		
	 ARTICLE IV—LC-2 ACCESS, USE, AND PRIORITY
	  	 	10	 
		
	 ARTICLE V—ALLOCATION OF RISKS, INSURANCE, INDEMNIFICATION AND LIMITATION OF LIABILITY

	  	 	13	 
		
	 ARTICLE VI—OPERATION OF THE LAUNCH SITE AND LAUNCH RANGE SAFETY AND SECURITY
	  	 	15	 
		
	 ARTICLE VII—LAUNCH RANGE MAINTENANCE
	  	 	16	 
		
	 ARTICLE VIII—INTELLECTUAL PROPERTY
	  	 	17	 
		
	 ARTICLE IX—CONFIDENTIALITY
	  	 	17	 
		
	 ARTICLE X—DISPUTE RESOLUTION
	  	 	18	 
		
	 ARTICLE XI—PAYMENT OBLIGATIONS
	  	 	19	 
		
	 ARTICLE XII —EVENTS OF DEFAULT AND TERMINATION
	  	 	20	 
		
	 ARTICLE XIII—REPRESENTATIONS AND WARRANTIES
	  	 	22	 
		
	 ARTICLE XIV—GOVERNING LAW, JURISDICTION AND VENUE
	  	 	23	 
		
	 ARTICLE XV—SALE, TRANSFER OR ASSIGNMENT OF ASSETS, RIGHTS AND RESPONSIBILITIES 
	  	 	24	 
		
	 ARTICLE XVI—COMPLIANCE WITH LAWS
	  	 	24	 
		
	 ARTICLE XVII—EFFECTIVE DATE AND LENGTH OF AGREEMENT
	  	 	24	 
		
	 ARTICLE XVIII—[... *** ...]
	  	 	24	 
		
	 ARTICLE XIX—MISCELLANEOUS
	  	 	25	 

  

  
 2 

 This Launch Support Agreement (“Agreement”) is entered into between the VIRGINIA
COMMERCIAL SPACEFLIGHT AUTHORITY (“VCSFA”), a political subdivision of the Commonwealth of Virginia, and ROCKET LAB USA. INC, a Delaware Corporation, with its principal place of business located at 14520 Delta Lane, Suite 101, Huntington
Beach, CA 92647. Rocket Lab and VCSFA each may be referred to herein as a “Party” or jointly as the “Parties.” 

WHEREAS, VCFSA is the operator of the Mid-Atlantic Regional Spaceport (“MARS”) at the
National Aeronautics and Space Administration (“NASA”) Wallops Flight Facility (“WFF”), located at Wallops Island in Accomack County, Virginia, according to the terms of the NASA Agreement. 

WHEREAS, VCFSA is endeavoring to facilitate spaceflight activities and expand the use of MARS. 

WHEREAS, Rocket Lab is being awarded certain U.S. government and commercial contracts to launch various Electron rockets from a U.S. launch
site. 
 WHEREAS, Rocket Lab has selected MARS as a launch site for the Electron launch vehicles. 

WHEREAS, VCSFA and Rocket Lab have agreed that MARS would be an acceptable site to test and launch the Electron launch vehicle. 

WHEREAS, VCSFA and Rocket Lab have executed a Construction Management Agreement for LC-2 and an
integration facility concurrently with this Agreement. 
 WHEREAS, VCSFA, with the support of the Commonwealth of Virginia (the
“Commonwealth”) and other Government entities, has made or may make, certain improvements to the existing MARS facilities that are intended to support Rocket Lab’s needs associated with launching the Electron vehicle as defined as LC-2, as well as the needs of similar businesses. 
 WHEREAS, Rocket Lab and VCSFA wish to enter into an
agreement in which each Party’s rights and responsibilities with respect to the operation, maintenance and use of MARS and related facilities are set forth. 

  
 3 

 NOW THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained
in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby covenant and agree as follows: 

 

	I.	 INTRODUCTION 

  

	A.	 This Agreement sets forth the terms and the conditions under which VCSFA shall provide to Rocket Lab
facilities, launch property and services necessary to support Rocket Lab’s space launch activities including, but not limited to, testing, producing, processing and launching of Electron launch vehicles and payloads from MARS (each an
“Electron Mission”). 

  

	B.	 In the event of a conflict or inconsistency, unless otherwise expressly provided herein, such conflict or
inconsistency shall be resolved by giving precedence in the following order: 

  

	 	1.	 The FAA Launch License or FAA Launch Site Operator License, as applicable; 

 

	 	2.	 Articles of this Agreement; 

 

	 	3.	 The Statement of Work (as defined below); 

 

	 	4.	 Requirements Document between Rocket Lab and VCSFA. 

 

	 	5.	 Any other annexes or appendices to be attached to this Agreement. 

 

	C.	 Except as provided in Article III of this Agreement, VCSFA will use its best efforts to minimize any adverse
impact on Rocket Lab’s operations and will accord Rocket Lab the highest degree of stability in conducting its activities, as provided herein. 

  

	D.	 Whenever in this Agreement the doing of an act or the exercise of any right by one Party is conditioned upon
receipt of approval, permission, agreement, authorization, or any other form of cooperation or acquiescence by the other Party, then the other Party shall respond promptly and shall not unreasonably withhold, delay or condition its approval.

  

	E.	 Both Rocket Lab and VCSFA shall conduct all activities relating to this Agreement in a reasonable and prudent
manner. The term “best efforts” means, with respect to a given goal, the efforts that a reasonable person in the same position would use so as to achieve that goal. 

 

	F.	 In the event of any conflict between the terms and conditions of this Agreement and those of any of the
following agreements, then the terms and conditions of the following agreements shall govern, to the extent that the agreement in question is in full force and effect at the time of the conflict, and this Agreement shall be construed modified so as
to be consistent with such agreement: 

  

	 	1.	 the NASA Agreement. 

  

	 	2.	 the Facilities Agreement 

  
 4 

	II.	 DEFINITIONS 

  

	A.	 Affiliate - With respect to any Party, any Person directly or indirectly controlling, controlled by or
under common control of such Party. With respect to VCSFA, Affiliate shall be deemed further to include any political subdivisions or agency of the Commonwealth of Virginia, but only to the extent expressly permitted by Law. 

 

	B.	 Alternative Transaction—Any agreement, venture, contract, or understanding between Rocket Lab
and/or any of its affiliates (e.g., subsidiaries, parents, jointly owned or controlled entities) with any person or party other than VCSFA for a launch site and/or the provision of launch services for Rocket Lab and the Electron vehicle (and
equivalents) for launches in the United States with an orbital inclination mid-range of 38 to 60 degrees. 

  

	C.	 Contract—Any agreement by and between Rocket Lab and the VCSFA 

 

	D.	 CSLA - The Commercial Space Launch Act, 51U.S.C. Ch. 509, §§
50901-23, and all amendments thereto. 

  

	E.	 [...***...] 

  

	F.	 Earliest Need Date - The date specified in a Request for Support as the earliest date on which Launch
Support Services are needed for the specified Electron Mission. 

  

	G.	 [...***...] 

  

	H.	 FAA -The United States Federal Aviation Administration of the United States Department of
Transportation. 

  

	I.	 FAA Launch License - The launch or reentry license or launch or reentry operator license, as applicable,
issued to Rocket Lab by the Office of the Associate Administrator for Commercial Space Transportation of the FAA for operation of the Electron launch vehicle, and any associated reentry activities, from WFF. 

 

	J.	 FAA Launch Site Operator License -A license issued by the FAA authorizing the holder to operate a launch
site and support launch operations. 

  

	K.	 Force Majeure—The actual period of any delay caused by any legal challenges or defenses (whether as
a court of law or administratively, beyond such party’s control) to the actions taken or to be taken by such party in connection with this Agreement, strike or labor dispute, unavailability of materials, extraordinarily severe weather
conditions, riot or other civil disorder and other acts of God or other cause beyond a Party’s reasonable control, including government non-appropriation, acts of Governmental Authority (apart from
VCSFA), and the delay in receiving approvals related to ITAR not caused by any act or omission of VCSFA. Changes in economic, business or competitive conditions are not Force Majeure conditions. 

 

	L.	 Governmental Authority—The government of the United States of America or any other nation or any
political subdivision thereof, whether state, province or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative
powers or functions of or pertaining to government. 

  
 5 

	M.	 Launch—Intentional ignition followed by Lift-off.

  

	N.	 Launch Failure—Lift-off of the Electron launch vehicle
where such launch vehicle does not reach its intended altitude or orbit. 

  

	O.	 LC-2 – The launch facility including structures,
mechanisms, fluid and propellant loading systems, instrumentation & control systems, RF telemetry, tracking and command, electrical and power systems, and, all associated infrastructure on Wallops Island built, tailored or utilized by
Rocket Lab for an Electron Mission and generally known as LC-2. 

  

	P.	 Law - Any law (federal, state or local), statute, code, building code, ordinance, rule, regulation,
order, judgment, decree, injunction, legally binding directive, or requirement or any similar form of legally binding decision, or determination or administration of any of the foregoing by any Governmental Authority. 

 

	Q.	 Lift-off - The physical separation of the launch vehicle from
the ground support equipment following intentional ignition due to the launch vehicle rising under its own power. 

  

	R.	 MARS Site—Those facilities subject to or described in the NASA Agreement or VCSFA’s FAA Launch
Site Operator License and includes, without limitation, the facilities described in Exhibit A. 

  

	S.	 NASA - The United States National Aeronautics and Space Administration. 

 

	T.	 NASA Agreement - The Reimbursable Space Act Agreement between the United States National Aeronautics and
Space Administration and the Virginia Commercial Space Flight Authority for Support to the Development and Operation of a Commercial Spaceport at the Goddard Space Flight Center, Wallops Flight Facility, Wallops Island Virginia April 7, 2007.

  

	U.	 Person - Any individual, corporation, partnership, joint venture, association, limited liability
company, joint stock company, trust, unincorporated organization or Governmental Authority or other entity organized or existing under the laws of any state or any nation. 

 

	V.	 Statement of Work – A mutually agreed document executed by the Parties authorized Representatives,
which refers to this Agreement and is expressly subject to the terms and conditions of this Agreement, and which describes at least the launch support services referenced hereunder. A first Statement of Work may be appended hereto as Attachment 1
and executed as of the date of this Agreement. 

  

	W.	 VCSFA Facilities - The launch pad improvements and integral support equipment, generally identified as LC-2 and Pad 0A systems required for LC-2 operations at the NASA WFF and which site is made available to VCSFA subject to the terms and conditions of the NASA Agreement and
the Facility Use Annex to the Facility Access and Support Subagreement for Launch Area OA, between VCSFA and NASA, first effective June 23, 2005. 

  
 6 

	III.	 SUPPORT OF ROCKET LAB LAUNCH ACTIVITIES 

 

	A.	 Rocket Lab shall obtain and comply with the terms of the FAA Launch License required for, or in connection
with, Rocket Lab’s performance of this Agreement or an agreement with any of its customers or customers of VCSFA. 

  

	B.	 Scope of Services. 

  

	 	1.	 During the term of this Agreement, subject to the terms and conditions herein, VCSFA shall provide Rocket Lab
all services incidental to VCSFA’s operations at LC-2 that may be required by Rocket Lab to support an Electron Mission, as provided herein, including: 

 

	 	a.	 LC-2 access and use as needed to perform the Electron Mission;

  

	 	b.	 maintenance of the VCSFA Facilities; 

 

	 	c.	 launch support detailed in the Statement of Work; 

 

	 	d.	 logistics support; 

  

	 	e.	 range instrumentation and safety; and 

 

	 	f.	 procuring and coordinating all NASA support required for each Electron Mission (all such support and services
listed above and described herein and, in any attachments, hereto, the “Launch Support Services”). 

  

	 	2.	 The general performance requirements of the Launch Support Services are set forth in the Statement of Work
which is incorporated by reference herein and made a part of this Agreement 

  

	 	3.	 The VCSFA Facilities configuration shall be documented and maintained by VCSFA. Changes to the configuration
must be approved by the MARS Configuration Control Board (“CCB”). 

  

	C.	 Price for Launch Support Services. [...***...] 

 

	 	[...***...]:	 

  

	 	1.	 [...***...]; and 

 

	 	2.	 [...***...]. 

  

	D.	 Requests for Support. For a specified Electron mission for which Launch Support Services are needed, Rocket Lab
will issue to VCSFA a Request for Support ordering such Launch Support Services. In issuing Requests for Support under this Agreement, the following ordering procedures will apply: 

 

	 	1.	 Requests for Support will be issued in writing by Rocket Lab to VCSFA up to Ninety (90) days prior to the
Earliest Need Date but no later than Sixty (60) days in advance. 

  

	 	2.	 Requests for Support will: 

 

	 	a.	 Identify the Earliest Need Date; 

 

	 	b.	 Set forth the estimated milestone payment schedule for the Launch Support Fee, consistent with the schedule
provided in Section XI(A) below; 

  
 7 

	 	c.	 Set forth any specific technical requirements relating to the applicable Electron Mission necessary for VCSFA
to properly perform the Launch Support Services, such requirements to be specified in a mission specific Operation Requirements Document (“ORD”); and 

 

	 	d.	 Specify only technical requirements that are within the scope of the Statement of Work and ORD.

  

	 	3.	 Requests for Support may be modified by Rocket Lab in the same manner as they are issued, but within the time
frame noted in III.D.l above. 

  

	 	4.	 VCSFA will acknowledge receipt of the Request for Support within ten (10) business days after receipt.

  

	 	5.	 [...***...]. 

  

	 	6.	 This ordering clause in no way obligates Rocket Lab to issue Requests for Support under this Agreement.

  

	E.	 Mission Specific Annex. Not later than thirty (30) days following delivery of a Request for Support, VCSFA
shall provide to Rocket Lab a Mission Specific Annex (“MSA”) that identifies: 

  

	 	1.	 A plan for performance of the specific Launch Support Services necessary for the applicable Electron Mission;

  

	 	2.	 [...***...]; and 

 

	 	3.	 Estimated date of commencement of the Launch Support Services, and a proposed schedule of performance of the
support to be provided by VCSFA and NASA. 

  

	F.	 Following receipt of the MSA by Rocket Lab, the Parties shall in good faith finalize the technical requirements
of the Launch Support Services and the NASA support to be provided in connection with the Electron Mission, the schedule for performance of such Launch Support Services and NASA support. Upon written acceptance of the MSA by Rocket Lab, VCSFA shall
immediately proceed with all activities necessary to perform the Launch Support Services and related work in cooperation with Rocket Lab and NASA, in accordance with the terms hereof. 

 

	G.	 Delays and Stop Work. 

 

	 	1.	 The time of performance is an essential element of this Agreement. VCSFA shall strictly adhere to the
completion schedule agreed to in the MSA. In the event of any anticipated or actual delay, VCSFA shall: (i) promptly notify Rocket Lab in writing of the reasons for the delay and the actions being taken to overcome or minimize the delay
(receipt of such notification shall not be construed as a waiver by Rocket Lab of the agreed performance schedule or any rights or remedies provided by law or this Agreement); and (ii) provide Rocket Lab with a written recovery schedule. If
VCSFA fails to perform promptly as required by this Agreement or if Rocket Lab is not satisfied with VCSFA’s written recovery schedule, Rocket Lab may, in addition to other remedies available at law including seeking compensation for resulting
damages, terminate this Agreement in accordance with its terms. 

  
 8 

	 	2.	 VCSFA may require Rocket Lab to stop all, or any part, of the Launch Support Services for a period of time
determined by VCSFA to be appropriate for the convenience of VCSFA. Upon receipt of a notice to stop work, Rocket Lab shall immediately comply with its terms and take all reasonable steps to minimize the incurrence of additional costs during the
period of work stoppage. 

  

	K.	 Contract Direction; Amendments 

 

	 	1.	 The Authorized Procurement Representatives designated below are the only persons who shall have the authority
to bind the party they represent. Authority to make or direct any changes whatsoever to this Agreement rests solely with the Rocket Lab Authorized Procurement Representatives listed below. Except as otherwise provided herein, no amendment or
modification of this Agreement shall be valid or binding upon either party unless it is set forth in a written instrument signed by an Authorized Procurement Representative of both Rocket Lab and VCSFA. 

ROCKET LAB USA, Inc Authorized Procurement Representatives: 

Name: 
 Title 

E-mail 

Address 
  

			
	 Peter Beck
	  	CEO
	 Shaun D’Mello
	  	VP Launch

  
 9 

 VCSFA Authorized Procurement Representatives: 

 

					
	 Name:
	  	Title	  	E-Mail Address

 Dale K. Nash    CEO & Executive Director 

Sean Mulligan  COO & MARS Director 

2. Additionally, the following individuals are authorized to communicate directly with their technical counterparts to resolve technical problems, schedule
status and overall program progress only (each a “Lead Contact”). In addition, such Lead Contacts may designate other persons to support such technical interaction. Notwithstanding the foregoing, any communication and/or direction provided
by the below listed Lead Contacts shall not modify the Statement of Work, any other requirements or specifications documents, or the express provisions of this Agreement. 

ROCKET LAB: 
  

			
	 Name:
	  	Title
	 Shaun D’Mello
	  	VP Launch
		
	 TBD
	  	Launch Complex – 2 Director/Manager
		
	 VCSFA:
	  	
	 Name:
	  	
	 Aaron Kuipers
	  	
	 Title
	  	
	 Operations Manager, Mid-Atlantic Regional Spaceport
	  	

  

	IV.	 LC-2 ACCESS, USE, AND PRIORITY 

 

	A.	 Subject to the terms and conditions herein, use of LC-2 will be
provided to Rocket Lab on a priority basis as expressly described herein, subject to the limitations specified in this Article IV. 

  

	B.	 Rocket Lab will have priority to LC-2 facilities, and the support
equipment located at Pad 0A that supports LC-2, with exception to periods of time that preclude access to LC-2 due to national security and NASA International Space
Station re-supply missions via Antares launch operations from Pad 0A. Antares missions will take priority over Electron missions, but NGIS is obligated to work in good faith with VCSFA and other Launch Service
Provider customers to minimize and deconflict launch schedule impacts from competing operations with Electron missions. Notwithstanding, VCSFA agrees that should an Electron mission have a national security payload that requires priority launch at LC-2 that VCSFA shall work with other Launch Service Provider to ensure a priority launch scheduling. Further, VCSFA agrees that it will not grant any other commercial launch provider with a higher priority than an
Electron mission other than as specified in this Section IV.B. 

  
 10 

	C.	 VCSFA shall permit Rocket Lab to leave any support and test equipment and supplies necessary for the
performance of Electron Missions at LC-2 for the entire Term. 

  

	D.	 At any time, if Rocket Lab’s launch schedule should change, Rocket Lab shall retain launch schedule
priority at LC-2 consistent with NASA and VCSFA priorities identified in Section IV.B. VCSFA shall ensure that any agreements it may enter into with another customer will maintain Rocket Lab’s scheduling
priority, provided, however, that in such event, Rocket Lab shall reasonably cooperate with VCSFA, its contractors, and any other customers to minimize any effect of such scheduling change on the affected customer. 

 

	E.	 VCSFA shall safeguard Rocket Lab equipment and supplies at LC-2 during
the entire Term, including those times when another customer is granted temporary occupancy of the VCSFA Facilities. VCSFA shall maintain LC-2 in a ready state to ensure the availability of the launch site for
Rocket Lab launch purposes within 60 days of notification of a Rocket Lab launch date. 

  

	F.	 Rocket Lab shall make all reasonable efforts to ensure that its use of the VCSFA Facilities and associated
equipment does not damage the site or equipment so that its use by other entities is not delayed. It is understood that Rocket Lab’s right to use the VCSFA Facilities is subject to Force Majeure events. 

 

	H.	 VCSFA shall give Rocket Lab prompt prior notice of any meetings between VCSFA and NASA concerning
processing and launch operations at LC-2, including meetings relating to individual support agreements in support of Rocket Lab’s Electron launch activities. Unless NASA expressly disapproves of Rocket
Lab’s attendance, Rocket Lab shall have the right to attend and participate in such meetings. If Rocket Lab is unable to attend any such meeting, VCSFA shall use its best efforts to reschedule such meeting at a time convenient for Rocket Lab.
If requested in writing by Rocket Lab with respect to a meeting with NASA that Rocket Lab was unable to attend, VCSFA will provide to Rocket Lab a reasonably detailed written report of what occurred at such meeting. VCSFA shall provide to Rocket Lab
copies of any proposed new NASA rules, procedures or other documents provided by NASA to VCSFA that may affect the work to be performed under this Agreement, and shall permit Rocket Lab to participate with VCSFA in discussing such rules, procedures
or other documents with NASA, all subject to NASA’s approval. 

  

	I.	 Rocket Lab shall give VCSFA prompt prior notice of any meetings to be conducted at WFF between Rocket Lab and
NASA concerning processing and launch operations at WFF, including meetings relating to individual support agreements in support of Rocket Lab’s Electron launch activities. Unless NASA expressly disapproves of VCSFA’s attendance, VCSFA
shall have the right to attend and participate in such meetings to the extent they relate to or could have an impact upon the processing and launch operations at WFF or the performance of the processing and launch operations work at WFF. If VCSFA is
unable to attend any such meeting, Rocket Lab shall use its best efforts to reschedule such meeting at a time convenient for VCSFA. If requested in writing by VCSFA with respect to a meeting with NASA regarding launch operations at WFF that VCSFA
was unable to attend, Rocket Lab will provide to VCSFA a reasonably detailed written report of what occurred at such meeting. Rocket Lab shall provide to VCSFA copies of any proposed new NASA rules, procedures or other documents provided by NASA to
Rocket Lab that may affect the work to be performed under this Agreement, and shall permit VCSFA to participate with Rocket Lab in discussing such rules, procedures or other documents with NASA, all subject to NASA’s approval.

  
 11 

	J.	 The Parties acknowledge that all scheduled use of the WFF is subject to NASA approval. The Parties will act in
good faith and act to minimize scheduling and support conflicts that could adversely affect Rocket Lab. Rocket Lab shall at all times during the term of the Agreement have right of first use of LC-2 subject to
the terms and conditions herein. Third-party, non-governmental use of LC-2, including any schedule for such use, shall be subject to Rocket Lab approval, as described
above, so that Rocket Lab might ensure its right of first use, which approval shall not be unreasonably withheld or delayed. 

  

	K.	 VCSFA shall provide LC-2 and/or launch services to Rocket Lab in
accordance with applicable VCSFA policies and procedures; it is the Parties’ intent to accord Rocket Lab as high a degree of stability as reasonably possible in conducting its business. In cases of potential conflict between VCSFA’s and
Rocket Lab ‘s activities at the VCSFA Facilities, the following rules shall apply: 

  

	 	1.	 VCSFA shall use its best efforts to ensure that Rocket Lab operations have scheduling priority over LC-2, to the extent under its control and subject to the terms and conditions herein. 

  

	 	2.	 The Parties shall provide prompt notice to each other concerning potential use of the LC-2 by Rocket Lab or by governmental parties other than Rocket Lab, consistent with the requirements stated above in this Article IV. 

 

	 	3.	 VCSFA and Rocket Lab acknowledge and agree that certain governmental activities at WFF may prevent or condition
access to all or portions of LC-2 from time-to-time. However, to the extent VCSFA has notice of such activities and to the extent
under its control, VCSFA shall use its best efforts notify Rocket Lab of its conditional access or non-access and to coordinate such governmental activities with Rocket Lab in advance, except, for example, in
emergency situations, so that Rocket Lab may adjust its schedule to minimize the impact of such interruption. 

  

	 	4.	 The U.S. Department of Defense and NASA shall have priority in the use of launch property and/or launch
services to meet U.S. national security needs. The decision to assert any such right of first priority shall be in accordance with section 70109 of the CSLA (50 U.S.C. § 50910), as applicable. 

 

	L.	 NASA or VCSFA Property 

 

	 	1.	 To the extent under VCSFA control, Rocket Lab may inspect, prior to use, NASA or VCSFA property at LC-2 that is to be used in the performance of this Agreement and determine whether to undertake any repair or modification of such property in accordance with this Section L, as permitted by Article XII.

  

	 	2.	 Neither Rocket Lab nor any of its Affiliates, customers, contractors or subcontractors shall repair or modify
NASA or VCSFA property without the prior written permission of VCSFA or NASA or VCSFA’s or NASA ‘s designee, as applicable. Any repair or modification of such property shall be at no cost to VCSFA or NASA, as applicable, and shall not
affect title to such property. 

  
 12 

	M.	 Rocket Lab Property 

  

	 	1.	 To the extent that third party launch activities take place at LC-2 and
involve use of any Rocket Lab Assets, Rocket Lab shall receive cost coverage and additional economic consideration if applicable as mutually agreed between VCSFA and Rocket Lab, in the form of direct cash payments or credits against Rocket Lab
amounts owed to or to be owed to VCSFA. Such use of Rocket Lab Assets shall be conditioned upon Rocket Lab’s prior written consent, in its sole discretion. 

 

	V.	 ALLOCATION OF RISKS, INSURANCE, INDEMNIFICATION AND LIMITATION OF LIABILITY 

 

	A.	 Interparty Waiver of Liability 

VCSFA and Rocket Lab agree to a comprehensive, no-fault, no subrogation interparty waiver of liability
to which each Party agrees to be responsible for any damages it sustains as a result of damage to its own property and injury to its own employees, including death, involved in launch operations in or around WFF or the MARS Site, which damage is
caused by either VCSFA, Rocket Lab any other party involved in launch operations at WFF or MARS and whether such damage arises through negligence or otherwise, except in the case of willful misconduct. It is the intent of the Parties that this
interparty waiver of liability be construed broadly to achieve the intended objectives. The Parties further agree that if they enter into an agreement with a third party involved in launch operations to provide goods or services that necessitate the
presence of such third party at WFF or the MARS Site, VCSFA or Rocket Lab, as the case may be, acknowledge and agree that such third party shall be required to agree to a no-fault, no-subrogation interparty waiver of liability and indemnity for damages it sustains, identical to the Parties’ waiver of liability set forth in this Article V. A Party may request the other Party to provide it
a copy of such waiver of claims agreed to by the third party. 
  

	B.	 Insurance 

  

	 	1.	 FAA Licensed Launch Activities 

Rocket Lab, at no cost to VCSFA, shall obtain, or cause to be obtained, insurance with terms, amounts, and exclusions or policy limitations
consistent with the requirements of Title 14 CFR, Chapter Ill, Subchapter C, Part 440 to cover third party claims and damage to U.S. Government property arising from licensed launch activities as defined in the FAA Launch License. The amount of
insurance obtained by Rocket Lab shall be no less than the FAA established Maximum Probable Loss amount set forth in the FAA Launch License (the “MPL”). In addition to the MPL limits required for third party liability and for U.S.
Government property in the FAA Launch License, Rocket Lab shall, at no cost to VCSFA, maintain insurance in amounts to cover loss of or damage to Commonwealth of Virginia facilities or property located at the Wallops Flight Facility (including
without limitation, the facilities as identified in Exhibit A) collectively, the “Assets’ that arise from Rocket Lab’s licensed launch activities. Such insurance shall be in the amount equivalent to the MPL or as otherwise agreed
between the Parties. The Parties agree that said insurance shall be in accordance with the terms, exclusions, and policy limitations permitted under Title 14 CFR, Chapter Ill, Subchapter C, Part 440. 

  
 13 

	 	2.	 Non-Launch Activities (other than FAA Licensed Launch Activities)

 Rocket Lab, at no cost to VCSFA, shall obtain, or cause to be obtained, and maintain commercial general liability
insurance in a minimum amount of at least [...***...] coverage for activities other than licensed launch activities, with VCSFA named as an additional insured; in addition, Rocket Lab shall obtain or cause to be obtained, and maintain property
and related insurance coverage for the MARS Site facilities and property and U.S. Government facilities and property in a minimum amount acceptable to VCSFA and the U.S. Government from loss or damage that does not arise from licensed launch
activities, in both events, with such “licensed launch activities” as defined under applicable FAA regulations. 
  

	 	3.	 Rocket Lab, at no cost to VCSFA, shall obtain or cause to be obtained, the insurance required by the FAA Launch
Operator License and shall make VCSFA an additional insured on any such insurance. 

  

	 	4.	 At either Party’s request, Rocket Lab or VCSFA, as the case may be, shall provide to the other a copy of a
certificate of insurance for each insurance required by this Agreement. 

  

	 	5.	 With respect to each of the insurance policies required under this Agreement, Rocket Lab and VCSFA, as
applicable, shall require its insurer to provide the other Party or its designee written notice at least thirty (30) calendar days before cancellation of such policy or of a material change in policy coverage that would be adverse to the
interests of the other Party. 

  

	 	6.	 The extent of either Party’s responsibilities under this Agreement for damage or liability shall not be
reduced or eliminated by amounts that are within the deductible amounts of such Party’s insurance policies. 

  

	 	7.	 VCSFA and Rocket Lab agree to cooperate in connection with obtaining or maintaining any of the insurance
required by this Agreement or with the filing of any claim under any such insurance. 

  

	 	8.	 To the extent that the VCSFA Facilities are used by non-governmental
third parties for non-Electron related activities, VCSFA shall require that such activities be covered by one or more insurance policies to be obtained and maintained by those third-party users of the VCSFA
Facilities at no cost to Rocket Lab and on terms and conditions and in amounts mutually agreeable to VCSFA and Rocket Lab and be approved by Rocket Lab in writing. In addition, such third-party users of the VCSFA Facilities shall indemnify VCSFA and
Rocket Lab against any claims arising from damage to or loss of the VCSFA Facilities caused by such other third-party users. 

  

	 	9.	 VCSFA agrees to reasonably assist Rocket Lab in obtaining insurance described herein by providing all
documentation as required by Rocket Lab’s insurance broker. 

  

	C.	 Indemnification by the U.S. Government 

 

	 	1.	 The Parties recognize that under the CSLA and subject thereto, the Secretary of Transportation shall, to the
extent provided in advance in appropriations acts or other legislative authority, provide for the payment by the United States Government of successful claims (including reasonable expenses of litigation or settlement) of a third party resulting
from activities carried out pursuant to a license issued or transferred under the CSLA for death, bodily injury, or loss of or damage to property resulting from activities carried out under the license, but only to the extent that the aggregate of
such successful claims arising out of the Launch: 

  

	 	(a)	 is in excess of the amount of insurance or demonstration of financial responsibility required of a Party under
its license issued pursuant to the CSLA; and 

  
 14 

	 	(b)	 is not in excess of the level that is $1,500,000,000 (plus any additional sums necessary to reflect inflation
occurring after January 1, 1989) above the required amount of insurance or demonstration of financial responsibility required by the CSLA. 

  

	 	2.	 Neither Party makes any representation or warranty that any payment of claims by the United States Government
will be available pursuant to the CSLA. Each Party’s sole obligation is the good faith effort to obtain such payment as may be available from the United States Government in accordance with the CSLA. 

 

	 	3.	 In the event that Rocket Lab proposes a non-CSLA launch under this
Agreement in which the United States Government may provide indemnification under Pub. Law 85-804, or requests any other non-CSLA launch, then the Parties shall amend
this Agreement to extend indemnification to VCSFA and/or otherwise provide insurance protecting the Assets U.S. Government facilities and property in a manner no less than would be protected under Article V.B.1 for a CSLA launch.

  

	D.	 Limitation of Liability 

TO THE EXTENT PERMITTED BY LAW, NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY, NO PARTY OR ITS AFFILIATES, NOR ITS OR THEIR
DIRECTORS, MEMBERS, OFFICERS, MANAGERS, EMPLOYEES, AGENTS OR REPRESENTATIVES, WILL BE LIABLE TO ANY OTHER PARTY, FOR CLAIMS OF PUNITIVE, SPECIAL, EXEMPLARY, TREBLE, INCIDENTAL, 

INDIRECT OR CONSEQUENTIAL DAMAGES, CONNECTED WITH OR RESULTING FROM ANY PERFORMANCE OR LACK OF PERFORMANCE UNDER THIS AGREEMENT, REGARDLESS OF
WHETHER A CLAIM IS BASED ON CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, VIOLATION OF ANY APPLICABLE DECEPTIVE TRADE PRACTICES ACT OR ANY OTHER LEGAL OR EQUITABLE PRINCIPLE. 

 

	VI.	 OPERATION OF THE LAUNCH SITE AND LAUNCH RANGE SAFETY AND SECURITY 

 

	A.	 Operation of the Launch Site 

 

	 	1.	 To the extent required by the U.S. Government, VCSFA shall maintain an FAA Launch Site Operator License
authorizing it to operate the launch site described in this Agreement. 

  

	 	2.	 VCSFA’s failure to maintain such FAA Launch Site Operator License according to Article VI.A. I for launch
operations contemplated under this Agreement shall be deemed a material breach of this Agreement. 

  
 15 

	B.	 Launch Range Safety and Security 

 

	 	1.	 Rocket Lab shall comply with the applicable requirements and provisions of the applicable NASA and VCSFA launch
range safety documents and the requirements of the FAA Launch License with respect to safety and security at WFF. These documents may be tailored for Rocket Lab’s program in accordance with specific written concurrence of NASA. All Rocket Lab
launch vehicles shall incorporate a flight termination system that is consistent with applicable NASA range and FAA safety requirements. Specific waivers with documented justification may be granted by NASA, the FAA or their designee while
performing within the boundaries of the WFF. 

  

	 	2.	 LC-2 Safety oversight is provided by MARS Safety within the confines of
LC-2. All hazards within the confines of LC-2 are managed in accordance with OSHA standards and hazardous operations are coordinated with WFF Safety organization. All
VCSFA customers are held to the requirements set forth by the MARS Site Safety and Health Plan. 

  

	 	3.	 Rocket Lab shall submit all operating and contingency procedures to the NASA Range Safety Office, as required
for hazards that are created that extend outside of VCSFA facilities, which is responsible for approving those hazardous operating procedures. Copies of all procedures will be provided to VCSFA concurrently with the NASA submittal and VCSFA shall
assist with coordinating NASA Range Safety Office review as required by Rocket Lab. As modifications are implemented on Rocket Lab’s launch vehicle, Rocket Lab will ensure that NASA Range Safety requirements will be adhered to or waivers will
be secured from NASA Range Safety. 

  

	 	4.	 Rocket Lab shall comply with regulations, range safety requirements and other requirements relating to
occupational safety and health, the handling and storage of hazardous materials, and the proper generation, handling, accumulation, treatment, storage, disposal, and transportation of hazardous materials, substances, and wastes.

  

	 	5.	 Rocket Lab agrees to support VCSFA in any accident, security incident, or environmental incident investigation,
including providing access to all pertinent documents and personnel who may have relevant information. 

  

	C.	 Launch Failure and Anomaly Investigation. Should there be a Launch Failure of an Electron Mission, Rocket Lab
shall fully cooperate with VCSFA and NASA in the investigation of the failure or anomaly per industry standards and subject to any government authorizations. VCSFA consents to the provision of any and all information related to the failure. VCSFA
shall absorb its cost of cooperating in any failure or anomaly investigation. 

  

	VII.	 LAUNCH RANGE MAINTENANCE 

 

	A.	 VCSFA shall develop a maintenance program and provide maintenance for the VCSFA Facilities. VCSFA-provided
maintenance shall include: 

  

	 	1.	 Maintenance, as recommended by the individual manufacturers, for each major component in each LC-2 system, as set forth in such manufacturers’ operation and maintenance (O&M) documentation. In addition, VCSFA shall provide specific maintenance to meet the standards of NASA or any certification
agent, or as may be reasonably requested by Rocket Lab to meet Rocket Lab’s operational requirements. 

  
 16 

	 	2.	 Maintenance procedures for all hardware associated with the Electron program shall be available for review by
Rocket Lab. The maintenance procedures shall be written in a manner consistent with the O&M documentation from the applicable manufacturers. VCSFA shall maintain maintenance logs and records and provide access to those records to Rocket Lab.

  

	 	3.	 VCSFA shall provide Rocket Lab access to System Test Procedures for the performance of end-to-end system level testing for each system on LC-2. Modification of system test procedures shall be subject to the MARS CCB review
process. 

  

	 	4.	 VCSFA shall test each system on LC-2 a minimum frequency no less than
that required by NASA or any certification agent, and to support requirement of an Electron Mission. 

  

	 	5.	 Rocket Lab personnel shall have the opportunity to participate in the testing and maintenance of all assets on
or associated with LC-2. 

  

	 	6.	 All anomalies and non-conformances discovered as a result of
maintenance or testing shall be documented and submitted to Rocket Lab for review and proposals for disposition of such anomalies and non-conformances shall be available to Rocket Lab for review upon request
prior to disposition. 

  

	B.	 VCSFA shall be responsible for the payment of invoices of all of its contractors’ costs associated with
maintenance and system testing of LC-2. 

  

	VIII.	 INTELLECTUAL PROPERTY 

Each Party shall retain all right, title and interest (collectively, “rights”) in any patent, patent application, trade secret, know-how and other intellectual property that was developed independently of this Agreement, and no license grant or assignment, express or implied, by estoppel or otherwise, is intended by, or shall be inferred
from, this Agreement. 
  

	IX.	 CONFIDENTIALITY 

 

	A.	 To the extent that the work under this Agreement requires that one party (the “Receiving Party”) be
given access to confidential or proprietary business, technical, or financial information belonging to the other party (the “Disclosing Party”), the Receiving Party shall, after receipt thereof, treat such information as confidential and
agree not to appropriate such information for its own use or to disclose such information to third parties unless specifically authorized in writing by the Disclosing Party. The foregoing obligations, however, shall not apply to:

  

	 	1.	 Information that, at the time of receipt by the Receiving Party, is in the public domain;

  

	 	2.	 Information that is published after receipt thereof by the Receiving Party or otherwise becomes part of the
public domain through no fault of the Receiving Party; 

  

	 	3.	 Information that the Receiving Party can demonstrate was in his possession at the time of receipt thereof and
was not acquired from the Disclosing Party; 

  

	 	4.	 Information which the Receiving Party can demonstrate was received by it from a third party who did not require
the Receiving Party to hold it in confidence; and 

  

	 	5.	 Information developed independently by the Receiving Party without the use of or reliance upon Disclosing
Party’s confidential information. 

  
 17 

	B.	 The Receiving Party shall exercise the same degree of care it exercises to protect its own proprietary
information, but not less than a reasonable degree of care. A Party shall immediately advise the other Party in writing of any misappropriation, misuse or unauthorized disclosure of which it is aware by any individual or entity of the Proprietary
Information. 

  

	C.	 The Receiving Party shall obtain the written agreement, in a form satisfactory to the Parties, of each
individual permitted access, whereby the individual agrees that he or she will not discuss, divulge or disclose any information or data protected by this clause to any person or entity except those persons within the Receiving Party’s
organization directly concerned with the performance of the Agreement. 

  

	D.	 Any restrictive markings or legends displayed on information or data protected by this clause shall be retained
on any reproduction of such information or data in whole or in part. 

  

	E.	 Each Party shall ensure that all lower tier contracts and agreements relating to this LSA shall contain
substantially similar confidentiality requirements. 

  

	F.	 The terms of this Article IX shall survive the termination of this Agreement for a period of five
(5) years from the date of such termination; provided, however, each Party agrees that if it has been provided, in connection with this Agreement, an agreement that itself contains a confidentiality provision that remains in effect following
such five (5) year period, the Party will comply with the requirements of such surviving confidentiality provision as if the Party were a party to such agreement, with respect to the information contained in such agreement and that was provided
to the Party in connection with that agreement, until such confidentiality provision itself no longer has force or effect. The parties recognize that VCSFA is a political subdivision of the Commonwealth of Virginia and is thereby bound to compliance
with such laws as the Virginia Freedom of Information Act, §§ 2.2-3700 et seq. of the Code of Virginia 1950, as amended, and the Virginia Public Records Act, §§ 42.1-76 et seq. of the Code of Virginia 1950, as amended. Accordingly, the terms of this Article IX shall operate as to VCSFA only to the extent allowed by law. 

 

	G.	 In addition to the foregoing, the Parties agree that this Agreement constitutes a record of the VCSFA and
Rocket Lab that contains information subject to Code of Virginia Section 2.2-3705-6 24.a. and b. and that Rocket Lab upon execution of this Agreement, Rocket
Lab shall make a written request under such Section, and VCSFA shall make the written determination required by such Section prior to any decision whether to publicly disclose this Agreement. During the term of this Agreement, if VCSFA receives a
request for disclosure of any Rocket Lab information, then VCSFA shall promptly notify Rocket Lab of such request in advance of any such intended disclosure. 

  

	X.	 DISPUTE RESOLUTION 

 

	A.	 Process and Escalation Procedures 

The Parties shall, in good faith, attempt to resolve any dispute arising under or relating to this Agreement or the breach thereof, including
any dispute concerning the validity, scope or enforceability of this provision, directly with each other, and if necessary, through negotiation, and if necessary, through mediation, as provided below. However, nothing in this Article X shall be
construed as restricting any claims, any legal action, or any attempts to enforce any rights or remedies under this Agreement (including termination), at law or in equity. 

  
 18 

	B.	 Negotiation 

In the event of any controversy or claim arising out of or relating to this Agreement or the breach thereof, the Parties shall use commercially
reasonable efforts to settle such controversy or claim through negotiation with one another in good faith. Any dispute arising hereunder that is not settled within a period of 30 days shall be referred to the Parties’ designated respective
senior management. If such senior management cannot satisfactorily settle the dispute within 60 days, then either party may, by notice to the other party, demand mediation as provided below. 

 

	C.	 Mediation 

The Parties agree that any dispute that cannot be settled through negotiation as provided above may be submitted to non-binding mediation administered by the American Arbitration Association under its Commercial Mediation Procedures. The mediation shall be conducted in Virginia at a location to be agreed by the Parties. 

 

	XI.	 PAYMENT OBLIGATIONS 

 

	A.	 Payment of the Launch Support Fee per Electron Mission shall be paid by Rocket Lab to VCSFA upon satisfactory
completion of each of the milestones listed below. VCSFA shall submit invoices to Rocket Lab upon completion of each milestone. [...***...]. 

[...***...] 
  

	 	1.	 Rocket Lab shall pay all such proper invoices promptly following receipt and approval of a valid invoice.
Payment shall be deemed to have been made as of the date of mailing of Rocket Lab’s payment or electronic funds transfer. 

	 	2.	 Each payment made shall be subject to reduction to the extent of amounts which are not properly payable and
shall also be subject to reduction for overpayments. 

  

	 	3.	 VCSFA shall promptly notify Rocket Lab of any such overpayments found by VCSFA. 

 

	 	4.	 Rocket Lab’s obligation to make the final milestone payment under this Agreement for an Electron mission
shall be conditioned upon receipt of a duly executed release by VCSFA, effective upon receipt of such payment, and discharging Rocket Lab of and from any further liabilities or obligations for payment of such Launch Support Fee under this Agreement
and relating to such Electron Mission. 

  

	B.	 [...***...]. 

  

	C.	 The Launch Support Fee shall be paid by Rocket Lab to VCSFA even if a launch results in a Launch Failure. Any
Launch of a Covered Mission, including a Launch Failure shall be deemed a completed Covered Mission. 

  

	D.	 In the event of a failure to Launch or a Launch Failure due to a process escape caused by VCSFA, or an act or
omission of VCSFA, then Rocket Lab shall have no obligation for payment of any portion of the Launch Support Fee for such Electron Mission. 

  
 19 

	E.	 [...***...]. 

  

	F.	 [...***...]. 

  

	G.	 [...***...]. 

  

	 	1.	 [...***...]. 

  

	 	2.	 [...***...]. 

  

	 	3.	 [...***...]. 

  

	H.	 [...***...]: 

  

	 	1.	 [...***...]. 

  

	 	2.	 [...***...]. 

  

	 	3.	 [...***...]. 

  

	 	4.	 [...***...]: 

  

	 	(a)	 [...***...]. 

  

	 	(b)	 [...***...]. 

  

	 	(c)	 [...***...]. 

  

	 	5.	 [...***...] 

  

	 	(a)	 [...***...]. 

  

	 	(b)	 [...***...]. 

  

	 	(c)	 [...***...]. 

  

	 	(d)	 [...***...]. 

  

	 	6.	 [...***...]. 

  

	 	7.	 [...***...]. 

  

	XII.	 EVENTS OF DEFAULT AND TERMINATION 

 

	A.	 Construction Management Agreement. This Agreement shall automatically terminate in the event that the
Construction Management Agreement is terminated prior to completion of LC-2. 

  
 20 

	B.	 Events of Default. The occurrence and continuation of any of the following events at any time during the term
of the Agreement will constitute an Event of Default of a Party: 

  

	 	1.	 Failure of Performance. It shall be an Event of Default if a Party fails in any material respect to perform or
comply with any obligation in this Agreement, and such failure is not remedied within thirty (30) days after receipt of written notice from the non - defaulting Party; provided, however, if such default cannot with diligence be cured
within such thirty (30) day period but such Party commences to cure such default within such thirty (30) day period and thereafter is continually prosecuting such cure diligently toward completion, then the cure period shall be extended
for an additional period of up to sixty (60) days. 

  

	 	2.	 Bankruptcy. It shall be an Event of Default if Rocket Lab is adjudicated as bankrupt, becomes insolvent, enters
into an arrangement or composition with Rocket Lab’s creditors, suffers permanent or temporary court-appointed receivership of substantially all of Rocket Lab’s property, makes a general assignment for the benefit of creditors, files a
voluntary bankruptcy petition or suffers the filing of an involuntary bankruptcy petition that is not dismissed within thirty (30) days after filing. 

  

	C.	 Non-appropriation of funds for VCSFA shall not be deemed an Event of
Default. Except as provided for herein, all obligations of VCSFA under this Agreement are contingent upon and subject to the availability of funds for the performance of such obligations from the appropriation and budgeting by the Commonwealth of
Virginia or other VCSFA funding sources eligible for funding the operation of VCSFA, except for funding from a VCSFA customer necessary for use in supporting such customer’s requirements at the MARS Site. If VCSFA fails to perform an obligation
under this Agreement as a result of the non-appropriation of funds in any fiscal year for the purpose of VCSFA’s performance under this Agreement and the unavailability under the terms of this Agreement of funds from other VCSFA funding sources
eligible for funding the operation of VCSFA, except for funding from a VCSFA customer necessary for use in supporting such customer’s requirements at the MARS Site, then VCSFA shall give notice of such to Rocket Lab and Rocket Lab’s
remedies shall be the following: 

  

	 	1.	 Upon not less than seven (7) days’ notice, terminate this Agreement and be relieved of any
obligations under this Agreement and, at Rocket Lab’s sole option, remove or abandon all or any part of the Rocket Lab Assets; or 

  

	 	2.	 Without terminating this Agreement, suspend performance of Rocket Lab ‘s obligations here under until
funding is again available for VCSFA and VCSFA has begun again to perform its obligations under this Agreement; provided, however, such suspension shall not be for a period longer than one (1) year and at the end of such suspension period
Rocket Lab shall have the right to recommence performance of its obligations under this Agreement or to exercise its rights under Paragraph 1 or Paragraph 2, above, at Rocket Lab’s sole discretion. 

  
 21 

	D.	 Rights and Remedies. 

 

	 	1.	 Default by Rocket Lab. Upon the occurrence and during the continuation and
non-cure of an Event of Default by Rocket Lab pursuant to Section X11.A.1 , VCSFA shall have the right (a) to terminate this Agreement upon ten (10) days prior written notice to Rocket Lab, and
(b) to exercise such other remedies as are available at law or equity. 

  

	 	2.	 Default by VCSFA. Upon the occurrence and during the continuation and
non-cure of an Event of Default by VCSFA pursuant to Section X11.A.1, Rocket Lab shall have the right (a) to terminate this Agreement upon ten (10) days prior written notice to VCSFA, (b) if
such default is a performance default by VCSFA of a nature that can be performed by Rocket Lab, to perform such defaulted action at reasonable cost to VCSFA with justification from Rocket Lab, and (c) to exercise such other remedies as are
available at law or equity. VCSFA shall permit Rocket Lab to access any of the VCSFA Facilities and use any equipment there reasonably necessary to perform any obligations of VCSFA as permitted by clause (d), but only at Rocket Lab ‘s sole
risk, notwithstanding anything to the contrary. 

  

	XIII.	 REPRESENTATIONS AND WARRANTIES 

 

	A.	 By Rocket Lab. Rocket Lab represents and warrants to VCSFA that: 

 

	 	1.	 It is a corporation duly formed, validly existing and in good standing under the laws of the state of Delaware,
and has full power and authority to own its own properties and to carry on its business as it is now being conducted; 

  

	 	2.	 It has the full power and authority to execute, deliver and perform this Agreement and to carry out the
transactions contemplated by this Agreement; 

  

	 	3.	 The execution and delivery of this Agreement by Rocket Lab and the carrying out by Rocket Lab of the
transactions contemplated by this Agreement have been duly authorized by all requisite corporate action, as applicable, and this Agreement has been duly executed and delivered by Rocket Lab and constitutes the legal, valid and binding obligation of
Rocket Lab, enforceable against it in accordance with the terms of this Agreement, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, and other similar laws now or hereafter in effect affecting
creditors’ rights and remedies generally and subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a
proceeding at law or in equity); 

  

	 	4.	 None of the execution, delivery and performance by Rocket Lab of this Agreement conflicts with or will result
in a breach or violation of any Law, contract or instrument to which Rocket Lab is a party or is bound; 

  

	 	5.	 There are no legal or arbitral proceedings by or before any Governmental Authority, now pending or to the
knowledge of Rocket Lab threatened, that if adversely determined could have a material adverse effect on Rocket Lab’s ability to perform its obligations under this Agreement. 

  
 22 

	 	6.	 Rocket Lab represents, certifies, and warrants compliance with the following: (a) State and Local
Government Conflict of Interests Act; and (b) the Virginia Government Frauds Act. In the event Rocket Lab encounters any noncompliance during this Agreement, or any extension thereof, it will advise VCSFA in writing immediately.

  

	B.	 By VCSFA. VCSFA represents and warrants to Rocket Lab that: 

 

	 	1.	 VCSFA is a political subdivision of the Commonwealth of Virginia that is duly formed and validly existing, and
has full power and authority to own its own properties and to carry on its business as it is now being conducted, 

  

	 	2.	 VCSFA has the full power and authority to execute, deliver and perform this Agreement and to carry out the
transactions contemplated hereby; 

  

	 	3.	 The execution and delivery of this Agreement by VCSFA constitutes the legal, valid and binding obligation of
VCSFA, enforceable against it in accordance with the terms of this Agreement, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, and other similar laws now or hereafter in effect affecting
creditors’ rights and remedies generally and subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a
proceeding at law or in equity); 

  

	 	4.	 None of the execution, delivery and performance by VCSFA of this Agreement conflicts with or will result in a
breach or violation of any contract or instrument to which VCSFA is a party or is bound; 

  

	 	5.	 There are no legal or arbitral proceedings by or before any Governmental Authority, now pending or (to the
knowledge of VCSFA) threatened, that if adversely determined could have a material adverse effect on VCSFA’s ability to perform its obligations under this Agreement; 

 

	 	6.	 The MARS Site is in compliance with all applicable Laws (to the knowledge of VCSFA) and within the past three
(3) years VCSFA has received no notice of any violation of Laws with respect thereto; and 

  

	 	7.	 VCSFA has entered into no contracts or agreements that are inconsistent with the terms of this Agreement or
that would impair or interfere with Rocket Lab ‘s rights hereunder. 

  

	XIV.	 GOVERNING LAW, JURISDICTION AND VENUE 

This Agreement shall be governed by and interpreted in accordance with the Laws of the Commonwealth of Virginia, without regard to conflicts of law principles.
Each Party consents and submits for itself and its property in any legal action or proceeding relating to this Agreement, or for recognition and enforcement of any judgment in respect thereof, to the exclusive jurisdiction of any Virginia state
court sitting in the City of Richmond, and hereby irrevocably and unconditionally agrees that any claims in respect of any such action or proceeding may be heard and determined in the courts of such jurisdiction and waives any objection to that
choice of forum based on venue or to the effect that the forum is not convenient. 

  
 23 

	XV.	 SALE, TRANSFER OR ASSIGNMENT OF ASSETS, RIGHTS AND RESPONSIBILITIES 

 

	A.	 Except as otherwise provided herein, Rocket Lab shall not assign any part of its rights or responsibilities
under this Agreement without the prior written consent of VCSFA, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing and without the consent of VCSFA, Rocket Lab shall have the right to assign this
Agreement to an Affiliate of Rocket Lab, to a Person with whom Rocket Lab or such Affiliate merges, or to a Person who acquires all or substantially all of the stock or assets of Rocket Lab or such Affiliate. 

 

	B.	 VCSFA shall not assign or otherwise transfer this Agreement to any Person other than an Affiliate of VCSFA or
to an agency of the United States Government. 

  

	C.	 Except as permitted herein, any assignment or transfer contrary to this Article by either Party shall be void.

  

	XVI.	 COMPLIANCE WITH LAWS 

 

	A.	 General Compliance with Laws 

By entering into this Agreement, the Parties specifically intend to comply with all applicable laws, rules and regulations. Accordingly, no
part of any consideration paid hereunder is a prohibited payment for the recommending or arranging for the referral of business or the ordering of items or services; nor are the payments intended to induce illegal referrals of business. In the event
that any part of this Agreement is determined to violate federal, state, or local laws, rules, or regulations, the Parties agree to negotiate in good faith revisions to the provision or provisions which are in violation. In the event the Parties are
unable to agree to new or modified terms as required to bring the entire Agreement into compliance, either Party may terminate this Agreement on sixty (60) days written notice to the other Party. 

 

	B.	 Compliance with U.S. Export Requirements 

All exchange of technical data and information required pursuant to this Agreement shall be subject to all laws, rules and regulations of the
United States regarding export and re-export, including the International Traffic in Arms Regulations administered by the U.S. State Department and the Export Administration Regulations administered by the
U.S. Commerce Department. VCSFA and Rocket Lab shall comply with these regulations fully and at all times and shall cooperate in obtaining any U.S. government export licenses or other approvals that may be needed for the performance of this
Agreement or the launch services. 
  

	XVII.	 EFFECTIVE DATE AND LENGTH OF AGREEMENT 

This Agreement shall enter into force and effect on the day and year of the latest signature and shall continue in effect for a ten
(10) year period (“Term”). Neither Party shall have the ability to terminate the Agreement except as otherwise provided in this Agreement during the first (5) years of the ten (10) year Term. Thereafter, either Party may
terminate this Agreement in accordance with the terms contained in this Agreement, and Rocket Lab shall be able to terminate this Agreement for convenience with ninety (90) days written notice to VCFSA. Termination of the NASA Agreement, for
any reason, shall terminate this Agreement. Any extension of the Agreement beyond the Term shall be subject to mutual agreement of the Parties. 
  

	XVIII.	 [...***...] 

[...***...]. 

  
 24 

	XIX.	 MISCELLANEOUS 

 

	A.	 Standard of Performance. Rocket Lab and VCSFA will each use reasonable diligence, care and prudence in the
performance of its duties hereunder and will devote such time, effort and skills of its employees as are reasonable under the circumstances. VCSFA shall perform the Launch Support Services to the highest industry standards for service of this type
and with the degree of care, skill and diligence customarily exercised by professionals providing similar services 

  

	B.	 Inspection and Oversight. All Launch Support Services performed, and Launch Facilities provided, shall be
subject to inspection, oversight and testing, as needed, by Rocket Lab at all times and places during the Term upon reasonable notice, but only to the extent set forth, and more fully described, in the Statement of Work, or required elsewhere in
this Agreement. VCSFA shall: 

  

	 	i.	 Provide all reasonable facilities and assistance for the safe and convenient performance of these duties;

  

	 	ii.	 Make available to Rocket Lab copies of all specifications, procedures, and related documentation applicable to
the Launch Support Services and Facilities; and 

  

	 	iii.	 Promptly furnish Rocket Lab with any and all resulting inspection certificates and all relevant documents. No
such inspection or testing shall relieve VCSFA of its obligations to furnish and warrant the Launch Support Services and related VCSFA Facilities in accordance with the requirements of this Agreement. 

 

	C.	 Force Majeure. 

The Parties agree that performance of the obligations hereunder is conditioned on the non-occurrence of
an event of Force Majeure. Neither Party shall be liable to the other Party for any condition or event of Force Majeure. The Party claiming an event of Force Majeure shall give prompt written notice to the other Party of the its occurrence and shall
use reasonable diligence to cure, eliminate or minimize the effects of such event of Force Majeure to the other Party. In the event that an event of Force Majeure lasts longer than six (6) months, the Party not claiming the event of Force
Majeure may terminate this Agreement immediately by notice to the other party. Notwithstanding anything contained herein, during the period the event of Force Majeure is occurring, the Exclusivity Period shall be suspended, and the Parties agree
that Rocket Lab may launch or enter into a launch services, or launch service support agreement at any location with any other party. Upon the completion of the event of Force Majeure, the Exclusivity Period shall be restored and be operative in
accordance to the terms of this Agreement. 
  

	D.	 VCSFA Authorized Party. Whenever the consent or approval of VCSFA is required under this Agreement, the
Chairman of VCSFA and the Chairman’s representatives specifically designated for such purpose, including but not limited to the Executive Director, are authorized to act as necessary to issue such consents and approvals where required under
this Agreement, except where such consents and approvals require an act of the Commonwealth of Virginia. 

  
 25 

	E.	 Notices. Any notice given under this Agreement will be in writing and delivered by personal service, or by
certified or registered first class mail, return receipt requested, or nationally recognized overnight courier, or by facsimile with a copy, in the case of facsimile, by Federal Express or other nationally recognized overnight courier, to the
addresses specified below: 

 If to Rocket Lab: 

Peter Beck 
 Rocket Lab USA,
Inc. 
 14520 Delta Lane, Suite 101 

Huntington Beach, California 92647 

With a copy to (which shall not constitute notice): 

General Counsel 
 Rocket Lab USA
Inc. 
 14520 Delta Lane, Suite 101 

Huntington Beach, CA 92467 
 If
to VCSFA: 
 Dale K. Nash 

Virginia Commercial Space Flight Authority 

4111 Monarch Way, Suite 303 

Norfolk, VA 23508 
 With a copy
to (which shall not constitute notice): 
 M. Bruce Harper, Esq. 

Williams Mullen 
 999 Waterside
Drive 
 Suite 1700 
 Norfolk,
VA 23510 
 Any notice given under this Agreement in accordance with the provisions of this Section E will be deemed given, in the case of
personal delivery, certified or registered first class mail, or nationally recognized overnight courier, on the date such notice is delivered, and in the case of delivery via facsimile, on the date following the date of communication by facsimile.
Any Party may change the addresses provided above by notifying the other Party in the manner provided above. 
  

	F.	 Waiver of Jury Trial. EACH OF ROCKET LAB AND VCSFA HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED
BY LAW, ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE ARISING OUT OF, IN CONNECTION WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP BETWEEN THEM BY THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

 

	G.	 Entire Agreement. This Agreement constitutes the entire agreement and understanding of the Parties hereto and
thereto with respect to the subject matter hereof and thereof and supersedes all prior written and oral agreements and understandings with respect to such subject matter. 

  
 26 

	H.	 Amendment. This Agreement may not be modified or amended except in a writing signed on behalf of each Party by
its duly authorized representative. The Parties agree and acknowledge that this Agreement creates legal rights and obligations between them even though it contemplates their entry into additional agreements. 

 

	I.	 Survivability. Article I-F (Other Agreements), Article V (Allocation of
Risks, Insurance, Indemnification and Limitation of Liability), Article IX (Confidentiality), Article XII-C (Rights and Remedies), Article XIV (Governing Law, Jurisdiction and Venue), Article XIX-F (Waiver of Jury Trial), and this Article XIX-I (Survivability) shall survive the termination or expiration of this Agreement. In addition, those provisions of this
Agreement that relate to the enforcement of rights and obligations accruing before termination or expiration will survive the termination or expiration of this Agreement to the extent necessary to enforce such rights and obligations.

  

	J.	 Third-Party Beneficiaries. Except as expressly set forth herein, this Agreement is intended to be solely for
the benefit of the Parties and their successors and permitted assignees and is not intended to and will not confer any rights or benefits to the general public or any other third party not a signatory to this Agreement. 

 

	K.	 Waiver. No right under this Agreement may be waived by a Party, except pursuant to a writing signed by the
Party against which enforcement of the waiver is sought. Without limitation, no failure or delay on the part of any Party in exercising any of its rights under this Agreement, no partial exercise by any Party of any of its rights under this
Agreement, and no course of dealing among the Parties, will constitute a waiver of the rights of a Party. 

  

	L.	 Severability. Any provision of this Agreement that will be prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Agreement and any such prohibition or unenforceability in any jurisdiction will not invalidate
or render unenforceable such provision in any other jurisdiction. To the extent permitted by applicable Law, the Parties hereby waive any provision of Law that renders any provision of this Agreement prohibited or unenforceable in any respect.

  

	M.	 Binding Effect. The terms of this Agreement will be binding upon, and inure to the benefit of, the Parties and
their successors and permitted assigns. 

  

	N.	 Counterparts. This Agreement may be executed by the Parties in separate counterparts, each of which when so
executed and delivered will be an original, but all such counterparts shall together constitute but one and the same instrument. 

  

	O.	 No Waiver of Sovereign Immunity. Notwithstanding anything to contrary, nothing contained herein shall be
construed as express or implied waiver of the sovereign immunity of VCSFA or the Commonwealth of Virginia, or a pledge of the full faith and credit of VCSFA or the Commonwealth of Virginia. 

[Signature Page Follows] 

  
 27 

 IN WITNESS WHEREOF, the Parties hereto have executed this Agreement effective as of the day and year of the
latest signature. 
  

					
		 	
VIRGINIA COMMERCIAL SPACE FLIGHT AUTHORITY

					
			
		 	By:	 	/s/ Dale K. Nash

					
		 	Name:	 	Dale K. Nash
		 	Title:	 	CEO & Executive Director
		 	Date:	 	27 September 2018
		
		 	ROCKET LAB USA, Inc.

					
			
		 	By:	 	/s/ Peter Beck

					
		 	Name:	 	Peter Beck
		 	Title:	 	CEO
		 	Date:	 	28 September 2018
		
		 	ROCKET LAB USA, Inc.

					
			
		 	By:	 	/s/ Shaun D’Mello

					
		 	Name:	 	Shaun D’Mello
		 	Title:	 	VP of Launch Services
		 	Date:	 	28 September 2018

  
 28 

 Exhibit A 

MARS Site Facilities 
 The
facilities subject to or described in the NASA Agreement and/or VCSFA’s FAA Launch Site Operator License and includes, without limitation, the facilities described below: 

Launch Pad 0A and its associated equipment/systems 

Launch Pad 0B and its associated equipment/systems 

Pad 0A Fluids Ground Support Equipment Loading System 

Pad 0A/0B Office Building, Z-40 

LC-2 complex when completed 

  
 29 

 Exhibit B 

Small-Class Launch 
 Facility 

The facilities at the MARS Site and Wallops Flight Facility, including LC-2 at Launch Pad 0A and those
that NASA may agree to make available from time to time under individual support agreements or equivalents, and that are intended by the Parties to accommodate the integration, test, processing, and launch of the Electron launch vehicle and its
payloads, and other mid-class launch vehicles, including but not limited to: 
  

	 	1.	 The VCSFA Facilities: Launch Pad 0A, LC-2, MARS PPF

  

	 	2.	 Wallops Island Road Infrastructure 

 

	 	3.	 Wallops Island Utilities and Communications Infrastructure 

 

	 	4.	 Range Control Center, E-106 

 

	 	5.	 Orbit Administrative D-10 

 

	 	6.	 Bay-1 and Bay-2 of W-65 as dedicated bays for Electron Mission payload processing 

  

	 	7.	 Pad 0A Office Building Z-40 or
Z-65 

  

	 	8.	 Fixed and Transportable Telemetry Facilities 

 

	 	9.	 Fixed and Transportable Command and Destruct Facilities 

 

	 	10.	 Fixed and Transportable Radar and Optical Tracking Facilities 

 

	 	11.	 Integration Facility (the subject of a separate construction management agreement between the Parties, and
contemplated to be made available to Rocket Lab not by this Agreement, but by separate agreement between the Parties.) 

  
 30

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