Document:

Exhibit 10.61

 Exhibit 10.61 
 THIS AMENDMENT TO THE MONITORING FEE AGREEMENT (as hereinafter defined) is dated as of April 10, 2008 (this “Amendment”) and is by and among Intelsat (Bermuda), Ltd., a Bermuda exempted
company (“Intelsat Bermuda”), BC Partners Limited (“BC Partners”) and Silver Lake Management Company III, L.L.C. (“Silver Lake”) (each of Silver Lake and BC Partners, a “Sponsor”
and, collectively, the “Sponsors”). Unless expressly stated otherwise herein, all capitalized terms shall have the meanings set forth in the Monitoring Fee Agreement. 
 RECITALS 
 WHEREAS, the parties hereto are party to a Monitoring Fee
Agreement, dated as of February 4, 2008 (as it may hereafter be further amended, supplemented or otherwise modified, the “Monitoring Fee Agreement”), pursuant to which the Sponsors agreed, subject to the terms and conditions
set forth in the Monitoring Fee Agreement, to provide monetary, advisory and consulting services in relation to the affairs of Intelsat Bermuda and its subsidiaries in consideration of the payment of the fees described in the Monitoring Fee
Agreement; and 
 WHEREAS, the parties wish to modify the provisions of the Monitoring Fee Agreement relating to the obligations of
Intelsat Bermuda with respect to the Monitoring Fee payable with respect to fiscal year 2008; 
 NOW, THEREFORE, in consideration of
the premises and agreements contained herein and of other good and valuable consideration, the sufficiency of which are hereby acknowledged, the parties agree that, effective as of the date hereof, Section 3(a) of the Monitoring Fee Agreement
is amended by deleting such section in its entirety and replacing it with the following: 
 SECTION 3. Fees. 
 (a) Monitoring Fee. In consideration of the Services being provided by the Sponsors and their Sponsor Designees, Intelsat Bermuda
will pay to the Sponsors an annual monitoring fee in respect of each fiscal year from and including fiscal 2008 in an amount equal to the greater of (x) $6.25 million or (y) 1.25% of Adjusted EBITDA of Intelsat Bermuda for the immediately
preceding fiscal year (the “Monitoring Fee”), with Silver Lake receiving a share of the Monitoring Fee (the “Silver Lake Fee Share”) equal to the Monitoring Fee multiplied by a fraction that is equal to
(x) the total equity investment in Serafina by Silver Lake Partners III, L.P. and Silver Lake Technology Investors III, L.P. (collectively, the “Silver Lake Funds”) (valued at initial purchase price), divided by
(y) the total amount of all equity invested in Serafina by BC European Capital VIII – 1 to 12, 14 to 34 and 35 SC to 39 SC and the Silver Lake Funds (valued at initial purchase price) as of the relevant date of payment of such
Monitoring Fee; provided, however, that, with respect to fiscal year 2008 only, Intelsat Bermuda will not be obligated to pay the first $12.5 million of the Monitoring Fee that would be payable pursuant to the terms of this Section.
Intelsat Bermuda will pay the Sponsors an amount in excess, if any, of 1.25% of Adjusted EBITDA for fiscal year 2007 over $12.5 million, such amount to be paid within 20 business days of the determination of Adjusted 

 
EBITDA for fiscal year 2007. BC Partners shall receive a share of the Monitoring Fee (the “BC Partners Fee Share”) equal to the Monitoring
Fee minus the Silver Lake Fee Share. On the first business day on or after January 1 of each fiscal year, commencing on January 2, 2009, Intelsat Bermuda will make a payment of $6.25 million in respect of the Monitoring Fees in
respect of such fiscal year, and will promptly upon the earlier of March 31 of such fiscal year or the determination of Adjusted EBITDA for the immediately preceding fiscal year pay the Sponsors the excess, if any, of 1.25% of Adjusted EBITDA
for the immediately preceding fiscal year over $6.25 million. In the event the Termination Date occurs prior to the last day of any fiscal year, the Monitoring Fee with respect to such fiscal year shall be payable on the Termination Date, such
Monitoring Fee shall be calculated for purposes of this sentence based upon the greater of (i) the highest Adjusted EBITDA attained in any of the three most recent fiscal years or (ii) if the Termination Date occurs subsequent to the 180
th day of any fiscal year, the extrapolated Adjusted EBITDA based upon the completed portion of such fiscal year. Except as set forth in
Section 3(c) below, any amounts payable by Intelsat Bermuda to the Sponsors pursuant to this Section 3 shall be paid to Silver Lake in accordance with the Silver Lake Fee Share and to BC Partners in accordance with the BC Partners Fee
Share. All amounts paid by Intelsat Bermuda to the Sponsors pursuant to this Section 3 shall be made by wire transfer in same-day funds to the respective bank accounts designated by the Sponsors. At the election of the Sponsors, the payment of
any amount due to the Sponsors hereunder may be deferred for up to one year or such longer period as may be determined by the Sponsors, in which case Intelsat Bermuda shall pay such deferred amount, taking into account the accrual of interest
at the Discount Rate (as defined below), no later than the following year or at such later time as determined by the Sponsors, in addition to the Monitoring Fee and any other fees payable hereunder to the Sponsors after the date on which
such deferred payment was payable. The Monitoring Fee shall be payable regardless of the level of Services provided during any fiscal year and shall not be refundable under any circumstances. For purposes of this Agreement, “Termination
Date” means the earliest of (i) the twelfth anniversary of the date hereof, (ii) such time as funds advised or represented by BC Partners Limited (which, for the avoidance of doubt, includes BC European Capital VIII – 1 to
12, 14 to 34 and 35 SC to 39 SC, BC European Capital – Intelsat Co-Investment, BC European Capital – Intelsat Co-Investment 1, BC European Capital – Intelsat Syndication L.P.) and their respective affiliates then owning beneficial
economic interests in the Parent own less in the aggregate than 50% of the beneficial economic interest of the Parent and (iii) such earlier date as Intelsat Bermuda and the Sponsors may mutually agree upon. For purposes of this Section 3,
“Adjusted EBITDA” shall mean “Adjusted EBITDA” of Intelsat Bermuda, as such term is defined in the Senior Unsecured Bridge Loan Credit Agreement, dated as of February 4, 2008, among the Buyer, as initial borrower,
Credit Suisse, Cayman Islands Branch, as administrative agent, and the several lenders party thereto. 
  

 2 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this Amendment on the
date first written above. 
  

			
	 INTELSAT (BERMUDA), LTD.

		
	By:	 	/s/ Phillip Spector
	Name:	 	Phillip Spector
	Title:	 	Deputy Chairman
	
	 BC PARTNERS LIMITED

		
	By:	 	/s/ Justin Bateman
	Name:	 	Justin Bateman
	Title:	 	Executive
	
	 SILVER LAKE MANAGEMENT COMPANY III, L.L.C.

		
	By:	 	/s/
	Name:	 	
	Title:Executive Compensation Summary

 Exhibit 10.18 
 Executive Officer Summary Compensation Sheet 
 Annual Cash Compensation for Senior Executive Officers 
 The annual cash compensation for Executive Officers of Rackable Systems, Inc. as of January 3, 2009, was as follows: 
  

							
	 Executive Officers
	  	Annual Base Salary	  	Annual Target Bonus
			
	 Mark J. Barrenechea
Chief Executive Officer, President
	  	$	350,000	  	$	350,000
			
	 Anthony Carrozza
Senior Vice President of Worldwide Sales and Marketing
	  	$	275,000	  	$	125,000
			
	 Giovanni Coglitore
Co-Founder, Senior Vice President of Engineering and Chief Technology Officer
	  	$	250,000	  	$	100,000
			
	 Maurice Leibenstern
General Counsel, Senior Vice President and Corporate Secretary
	  	$	270,000	  	$	105,000
			
	 Jonathan J. Skoglund
Vice President, Corporate Controller and Principal Accounting Officer
	  	$	220,000	  	$	66,000
			
	 James D. Wheat
Senior Vice President and Chief Financial Officer
	  	$	270,000	  	$	105,000
			
	 David M. Yoffie
Senior Vice President of Manufacturing and Service Operations
	  	$	270,000	  	$	105,000

 Cash Bonus Arrangements for Executive Officers: 
  

	1.	25% of the Annual Target Bonus maybe earned each quarter. The bonus awards are determined based upon Rackable Systems’ achievement of certain performance goals to be
established by the Compensation Committee of the Board.Second Amendment to Employment Agreement

 Exhibit 10.67 
 RACKABLE SYSTEMS, INC. 
 SECOND AMENDMENT TO THE EMPLOYMENT AGREEMENT 
 This SECOND AMENDMENT TO THE EMPLOYMENT AGREEMENT (the “Second Amendment”) dated November 17, 2008 (the
“Effective Date”) is executed by and between Rackable Systems, Inc., a Delaware corporation (the “Company”) and Maurice Leibenstern (the “Executive”). The Company and the Executive are each
individually referred to in this Amendment as a “Party” and are collectively referred to in this Amendment as the “Parties.” 
 RECITALS 
 A. Executive and the Company are parties to an Employment Agreement,
dated August 22, 2007 (the “Employment Agreement”), which was subsequently amended on September 19, 2007 (the “First Amendment”), both of which collectively outline the general terms of
employment for the Executive. 
 B. Pursuant to this Second Amendment and effective immediately upon the Parties’ mutual execution and
delivery of this Second Amendment, the Parties desire to further amend the Employment Agreement as follows. 
 AGREEMENT 
 In consideration of the mutual promises and covenants set forth in this Amendment, the receipt and sufficiency of which are acknowledged by the Parties, the Parties
agree as follows: 
 1. Amendment to Employment Agreement. The Parties agree that upon the Effective Date of this Amendment, the Employment Agreement
will be further amended as follows: 
 1.1 Paragraph 4 entitled “EMPLOYEE BENEFITS”, is hereby amended to add the following
sentence stating: “In addition, you will be entitled to a one-time lump sum payment of $30,000.00 for your relocation needs provided, however, that you agree to promptly and fully repay any such reimbursement to the Company in the event your
employment with the Company is terminated within one (1) year after November 17, 2008 other than a termination by you for Good Reason (as defined in the Employment Agreement and the First Amendment) or a termination by the Company without
Cause (as defined in the Employment Agreement and the First Amendment).” 
 1.2 Except as amended herein, the Employment Agreement (as
modified by the First Amendment) shall remain in full force and effect without modification thereto. In the event of a conflict between the provisions of this Second Amendment and those of the Employment Agreement or the First Amendment, the parties
agree that this Second Amendment shall prevail. 

 IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment as of the Effective
Date. 
  

									
	RACKABLE SYSTEMS, INC.	 		 	MAURICE LEIBENSTERN
					
	By:	 	  
	 		 	By:	 	 /s/    MAURICE LEIBENSTERN

	Name:	 	  Mark J. Barrenechea	 		 	Name:	 	  Maurice Leibenstern
	Title:	 	  CEO	 		 	Title:	 	  SVP, GC & Corp. Secretary
			
	Signature Date:                     	 		 	Signature Date: December 17, 2008

  

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