Document:

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                                    AMENDMENT
                                     to the
              AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP
                                       of
                                GLOBALSTAR, L.P.

            AMENDMENT (this "Amendment"), dated as of February 1, 2000 to the
AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP of GLOBALSTAR, L.P., a
Delaware limited partnership ("Globalstar" or the "Partnership"), dated as of
January 26, 1999 (the "Partnership Agreement"), by and among LORAL/QUALCOMM
SATELLITE SERVICES, L.P., a Delaware limited partnership ("LQSS"), GLOBALSTAR
TELECOMMUNICATIONS LIMITED, a Bermuda company ("GTL") and the limited partners
signatories thereto as set forth on the signature pages hereto (collectively,
the "Limited Partners" and together with LQSS and GTL, the "Partners"), as
amended on December 8, 1999.

            WHEREAS, GTL is making an offering (the "Common Stock Offering") of
8,050,000 shares of common stock, par value $1.00 per share (the "Common
Stock").

            WHEREAS, the Partnership requires additional capital to accomplish
its purposes; and

            WHEREAS, it is in the best interest of the Partnership to acquire
such additional capital by contribution from GTL of the proceeds of the Common
Stock Offering and for the Partnership to issue to GTL ordinary partnership
interests in connection therewith.

            NOW, THEREFORE, the Partners, in consideration of the premises and
their mutual agreements as hereinafter set forth, do hereby agree to amend the
Partnership Agreement as follows:

1.    AMENDMENT TO SECTION 2.1. Section 2.1 of the Partnership Agreement is
      hereby amended as follows:

      The definition of "Authorized Partnership Interests" set forth in Section
2.1 shall be deleted and replaced in its entirety with the following:

            "Authorized Partnership Interests" means the sum of (i) 55,448,837
       Partnership Interests, (ii) 4,769,231 Partnership Interests, (iii) the
       number of Ordinary Partnership Interests issuable upon exercise of the
       warrants issuable to certain Partners or Affiliates thereof and to GTL in
       connection with the guarantee of the Partnership's obligations under the
       Globalstar Credit Agreement, (iv) the number of Series A Preferred
       Partnership Interests issued to GTL in connection with GTL's offering of
       the Series A Preferred Stock, including as a result of the exercise by
       the purchasers thereof of the option to purchase additional shares
       thereof under the purchase agreement relating thereto, (v) the number of
       Series B Preferred Partnership Interests issuable to GTL in connection
       with GTL's offering of the Series B Preferred Stock Offering, including
       as a result of the exercise by the purchasers thereof of the option to
       purchase additional
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      shares thereof under the purchase agreement relating thereto, (vi) the
      number of Ordinary Partnership Interests issuable upon conversion or
      exchange of the Series A Preferred Partnership Interests or Series B
      Preferred Partnership Interests or in satisfaction of any distribution,
      make-whole or redemption payment thereon, (vii) the number of Ordinary
      Partnership Interests issuable upon exercise of the warrants issuable to
      certain Partners of Globalstar, L.P., Loral/Qualcomm Satellite Services,
      L.P. or Loral/Qualcomm Partnership, L.P. or Affiliates thereof in
      connection with the guarantee of the Partnership's obligations under the
      $500 million credit agreement with Bank of America and the other lenders
      parties thereto, (viii) the number of Ordinary Partnership Interests
      issuable upon exercise of the Warrants issuable to Qualcomm Incorporated
      and its Affiliates in connection with up to $500 million of vendor
      financing provided by Qualcomm Incorporated to the Partnership, (ix) the
      number of Ordinary Partnership Interests or PPIs that may be issued in
      connection with an offering of common stock, preferred stock, OPIs, PPIs,
      or any other equity interests of GTL or the Partnership, in an aggregate
      offering amount equal to the difference between 300 million and the gross
      proceeds of the Series B Preferred Stock Offering including Ordinary
      Partnership Interests issuable upon conversion or exchange of any PPIs
      issued in connection with such offering, or in satisfaction of any
      distribution, distribution make-whole payment, or redemption payment
      thereon and (x) the number of Ordinary Partnership Interests issuable to
      GTL in connection with the Common Stock Offering; provided, however, that
      any greater number of Authorized Partnership Interests may be authorized
      from time to time with the Consent of the Partners.

      2.    DEFINED TERMS. Capitalized terms used herein not otherwise defined
shall have the meanings set forth in the Partnership Agreement, as amended.

      3.    AMENDMENT TO SCHEDULE A. Schedule A to the Partnership Agreement is
hereby amended, as of the date hereof, as revised by the Managing General
Partner to reflect the issue of OPIs to GTL in connection with the Common Stock
Offering.

      4.    EFFECTIVENESS. This Amendment shall become effective as of the date
set forth above and when GTL shall have contributed the proceeds of the Common
Stock Offering to the Partnership and the Partnership shall have issued the
Ordinary Partnership Interests to GTL.

      5.    COUNTERPARTS. This Amendment may be executed in counterparts, all of
which together shall constitute one agreement binding on all the parties hereto.

      6.    GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY THE LAWS OF THE
STATE OF DELAWARE WITHOUT REGARD TO THE PRINCIPLES OF CONFLICTS OF LAW.

                                      -2-

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      IN WITNESS WHEREOF, the undersigned have caused this Amendment to be duly
executed and delivered by their respective duly authorized officer as of the day
and year first above written.

                     LORAL/QUALCOMM SATELLITE SERVICES, L.P.
                         by LORAL/QUALCOMM PARTNERSHIP, L.P.
                            its General Partner
                         by LORAL GENERAL PARTNER, INC.
                            its General Partner

                     By:  /s/Eric J. Zahler
                        -------------------------------
                        Name: Eric J. Zahler
                        Title: Executive Vice President

                     GLOBALSTAR TELECOMMUNICATIONS LIMITED

                     By:  /s/Eric J. Zahler
                        -------------------------------
                         Name: Eric J. Zahler
                         Title: Vice President

                     Limited Partners:

                     AIRTOUCH SATELLITE SERVICES, INC.
                     DACOM CORPORATION
                     DACOM INTERNATIONAL, INC.
                     HYUNDAI CORPORATION
                     HYUNDAI ELECTRONICS INDUSTRIES CO., LTD.
                     LORAL/DASA GLOBALSTAR, L.P.
                     LORAL SPACE & COMMUNICATIONS LTD.
                     SAN GIORGIO S.p.A.
                     TELESAT LIMITED
                     TE. SA. M.
                     VODASTAR CELLULAR LIMITED
                     VODAFONE SATELLITE SERVICES LIMITED

                     BY : LORAL/QUALCOMM SATELLITE SERVICES, L.P.
                            by LORAL/QUALCOMM PARTNERSHIP, L.P.
                               its General Partner
                            by LORAL GENERAL PARTNER, INC.
                               its General Partner

                     By:  /s/Eric J. Zahler
                        -------------------------------
                         Name:  Eric J. Zahler as Attorney-in-Fact<PAGE>   1
                             AMENDMENT NO. 2 TO THE
                      GLOBALSTAR TELECOMMUNICATONS LIMITED
                             1994 STOCK OPTION PLAN

            The Globalstar Telecommunications Limited 1994 Stock Option Plan
(the "Plan") is hereby amended as follows:

            1.    The first sentence of Section 3 of the Plan is amended to read
                  as follows:

                        "The total number of shares of Common Stock which shall
                  be subject to Options granted under the Plan shall not exceed
                  5,000,000, subject to adjustment as provided in Section 7
                  hereof."<PAGE>   1

                                                                    EXHIBIT 10.5

                              EMPLOYMENT AGREEMENT

Paxar Corporation, 105 Corporate Park Drive, White Plains, New York 10604 (the
"Company"), and Paul J. Griswold, 11 Pembroke Drive, Lake Forest, Illinois,
60045 (the "Executive") hereby agree to enter into this EMPLOYMENT AGREEMENT
(the "Agreement") as of the 28th day of February 2000.

1.  EMPLOYMENT.

The Company hereby agrees to employ Executive, and Executive hereby agrees to be
employed by the Company upon the terms and subject to the conditions set forth
in this Agreement.

2.  TERM OF EMPLOYMENT.

The period of Executive's employment under this Agreement shall begin as of
February 28, 2000 and shall continue until terminated in accordance with Section
5 below (the "Employment Term").

3.  DUTIES AND RESPONSIBILITIES.

(a)       The Company will employ Executive as its Chief Operating Officer. In
          such capacity, Executive shall perform the customary duties and have
          the customary responsibilities of such positions, as enumerated in
          Attachment A to this Agreement, and shall perform such other duties as
          may be assigned to Executive from time to time by the Company's Board
          of Directors and its Chief Executive Officer.

(b)       Executive agrees to faithfully serve the Company, devote his full
          working time, attention and energies to the business of the Company,
          its subsidiaries and affiliated entities, and perform the duties under
          this Agreement to the best of his abilities, in compliance with all
          applicable laws, rules and regulations; as well as the Company's
          rules, procedures, policies, requirements, and directions.

(c)       The Company and Executive agree that Executive is expected to become
          Chief Executive Officer of the Company in not longer than 18 months
          from the commencement of the Employment Term. That date may be
          accelerated upon the recommendation of the Company's present Chief
          Executive Officer and approval by its Board of Directors.

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(d)       Executive shall be nominated to the Company's Board of Directors and
          serve as a Director when elected, and when subsequently nominated and
          elected to successive terms, during the Employment Term.

4.  COMPENSATION AND BENEFITS.

(a)       BASE SALARY. During the Employment Term, the Company shall pay
          Executive a base salary at the annual rate of $450,000.00 per year or
          such higher rate as may be determined from time to time by the Company
          ("Base Salary"). Such Base Salary shall be paid in accordance with the
          Company's standard payroll practice for senior executives.

(d)       INCENTIVE COMPENSATION AND STOCK AWARDS. Executive's initial incentive
          and stock compensation shall be as set forth in Attachment B to this
          Agreement.

(c)       BENEFITS APPLICABLE TO COMMENCEMENT OF EMPLOYMENT. Executive shall
          also receive those benefits listed in Attachment C to this Agreement
          in recognition of his resigning his present employment and becoming an
          employee of the Company.

(d)       BENEFIT PLANS, FRINGE BENEFITS AND VACATIONS. In addition to
          Executive's benefits set forth in Attachments B&C, Executive shall be
          eligible to participate in or receive benefits under, all savings,
          deferred compensation, health, insurance, disability and similar plans
          made available to the Company's other executives and employees, in
          accordance with the eligibility requirements of such plans.

(e)       EXPENSE REIMBURSEMENT. The Company shall advance or promptly reimburse
          Executive for the ordinary and necessary business expenses incurred by
          Executive in the performance of the duties under this Agreement in
          accordance with the Company's customary practices applicable to senior
          executives, provided that such expenses are incurred and accounted for
          in accordance with the Company's policy.

5.  TERMINATION OF EMPLOYMENT.

Upon termination of Executive's employment under this Agreement under any of the
circumstances set forth in this Section 5, Executive (beneficiary or estate)
shall be entitled to receive the compensation and benefits described in Section
6, below.

(a)       DEATH OR TOTAL DISABILITY. Executive's employment shall terminate upon
          Executive's death or upon Executive's becoming "Totally Disabled." For
          purposes of this Agreement, Executive shall be Totally Disabled if, in
          the opinion of the Board of Directors of the Company, based upon
          appropriate medical evidence, Executive is physically or mentally
          incapable of performing his usual and customary duties under this
          Agreement.

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(b)       TERMINATION BY THE COMPANY FOR CAUSE. The Company may terminate
          Executive's employment for "Cause." Such termination shall be
          effective as of the date specified in the written Notice of
          Termination provided to Executive. For purposes of this Agreement:

          (i)       Cause shall mean any of the following: (A) conviction of a
                    crime (including a nolo contendere plea) involving the
                    commission by Executive of a felony or any other criminal
                    act involving fraud, dishonesty, or moral turpitude but
                    excluding any conviction that results solely from
                    Executive's title or position with the Company and is not
                    based on personal conduct; (B) deliberate and continual
                    refusal to perform employment duties reasonably requested by
                    the Company after 30 days written notice by certified mail
                    of such failure to perform; (C) gross misconduct or gross
                    negligence in connection with the business of the Company;
                    or (D) breach of any of the covenants set forth in Section 7
                    hereof.

          (ii)      Any determination of Cause under this Agreement shall be
                    made by resolution adopted by unanimous vote of the Board of
                    Directors at a meeting called and held for that purpose.
                    Executive shall be provided with reasonable notice of such
                    meeting and Executive shall be given opportunity to be heard
                    before such vote is taken by the Board.

(c)       TERMINATION BY THE EXECUTIVE FOR CAUSE.

          (i)       If after a Change in Control as set forth in the policy
                    adopted by the Company's Board of Directors on August 12,
                    1998, or any subsequent Change of Control policy adopted by
                    the Board, if Executive has "good reason," Executive has
                    Cause to terminate employment and receive benefits under the
                    policy then in effect upon giving written Notice of
                    Termination to the Company.

          (ii)      If Executive does not become the Company's Chief Executive
                    Officer within 18 months from the beginning of the
                    Employment Term, Executive has Cause to, and may, terminate
                    employment upon giving written Notice of Termination to the
                    Company.

(d)       TERMINATION BY THE COMPANY WITHOUT CAUSE. The Company may terminate
          Executive's employment under this Agreement "Without Cause" after
          providing Notice of Termination to Executive.

(e)       TERMINATION BY EXECUTIVE WITHOUT CAUSE. Executive may terminate his
          employment under this Agreement "Without Cause" after providing Notice
          of Termination to the Company.

6.  COMPENSATION FOLLOWING TERMINATION OF EMPLOYMENT.

(a)       In the event that Executive's employment is terminated by Death; by
          the Company by reason of Total Disability as determined in accordance
          with Section 5(a); with Cause pursuant to Section 5(b); or by the
          Executive voluntarily pursuant to Section 5(e), the Company shall
          continue to pay Executive the compensation and benefits set forth in
          Section 4 that would have been payable to him if he had continued to
          perform his normal duties and responsibilities on a full-time basis
          until the end of the month in which such termination occurs; plus any
          accrued but unpaid base salary, expenses, and vacation. In any such
          event of termination under this Section 6 (a), Executive shall not be
          entitled to separation pay benefits under the Company's applicable
          plans and policies, but will be entitled benefits, if any, under the
          plans, policies and arrangements referred to in Section 4 (d),
          determined and paid in accordance with the terms of such plans,
          policies and arrangements.

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(b)       In the event that Executive's employment is terminated by the
          Executive pursuant to Section 5(c) (i) or (c) (ii), or by the Company
          pursuant to Section 5 (d), and Executive executes a Separation
          Agreement and Release on or after the Termination Date, the Company
          shall:

          (i)       Pay Executive an amount that equals the amount to which he
                    would have been entitled under the Change in Control
                    practices approved by the Company's Board on August 12,
                    1998, or as subsequently superseded and approved by the
                    Board, had a Change in Control occurred and payment been
                    triggered, but in no event shall the amount be less than
                    2.99 Executive's then current Base Salary plus 2.99 times
                    the average of the last three years' bonus awards (prorated
                    for less than three years of service), and

          (ii)      Provide continued coverage under all Company health
                    insurance plans pursuant to the then current change in
                    control policy, to be offset by any other primary coverage
                    subsequently available to Executive from a successor
                    employer.

7.     RESTRICTIVE COVENANTS.

(a)       PROTECTED INFORMATION. Executive recognizes and acknowledges that, as
          the Company's Chief Operating Officer, Executive will have access to
          various confidential or proprietary information concerning the
          Company. Therefore, Executive covenants and agrees while employed by
          the Company or afterwards, not to knowingly make any independent use
          of, or knowingly disclose to any other person or organization (except
          as authorized by the Company) any of the Protected Information.

(b)       COMPETITIVE ACTIVITY. Executive agrees that at all times while
          employed by the Company and for one year after the date of termination
          of employment (whether such termination is voluntary or involuntary,
          or otherwise) or after cessation of payments under Section 6, if any,
          whichever is later, Executive will not directly or indirectly:

          (i)       Engage in, assist, or have any active interest or
                    involvement whether as an employee, agent, consultant,
                    creditor, advisor, officer, director, stockholder (excluding
                    holding of less than 1% of the stock of a public company),
                    partner, proprietor or any type of principal whatsoever in
                    any person, firm, or business entity which, directly or
                    indirectly, is engaged in the same business as that
                    conducted and carried on by the Company, without the
                    Company's specific written consent to do so, which consent
                    will not be unreasonably withheld;

          (ii)      Recruit, solicit, hire, or cause to be hired, any individual
                    who is then, or who has been within the preceding 90 days,
                    an employee of the Company;

          (iii)     Disparage, or make any remarks that would tend to or be
                    construed to tend to defame the Company, any of its
                    employees, or members of its Board.

(c)       Executive shall promptly deliver to the Company upon termination of
          employment, or at any other time as the Company may so request, all
          lists of customers, leads and customer pricing, data processing
          programs and documentation, employee information, memoranda, notes,
          records, reports, tapes, manuals, drawings, blueprints, programs, and
          any other documents and other materials (and all copies thereof)
          relating to the Company's business or that of its customers, and all
          property associated therewith, which Executive may then possess or
          which may then be under the Executive's control.

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(d)       Executive acknowledges that a breach of the covenants set forth in
          this Section 7 above will cause irreparable damage to the Company with
          respect to which the Company's remedy at law for damages will be
          inadequate. Therefore, in the event of breach or anticipatory breach
          of the covenants set forth in this section by Executive, Executive and
          the Company agree that the Company shall be entitled to the following
          particular forms of relief, in addition to remedies otherwise
          available to it at law or equity: (i) injunctions, both preliminary
          and permanent, enjoining or retraining such breach or anticipatory
          breach and Executive hereby consents to the issuance thereof forthwith
          and without bond by any court of competent jurisdiction; and (ii)
          recovery of all reasonable sums expended and costs, including
          reasonable attorney's fees, incurred by the Company to enforce the
          covenants set forth in this Section 7.

(e)       In the event a court shall hold unenforceable any of the separate
          covenants deemed included herein, then such unenforceable covenant or
          covenants shall be deemed eliminated from the provisions of this
          Agreement for the purpose of such proceeding to the extent necessary
          to permit the remaining separate covenants to be enforced in such
          proceeding.

8.  WITHHOLDING OF TAXES.

The Company shall withhold from any compensation and benefits payable under this
Agreement and the Attachments hereto all applicable federal, state, local, or
other taxes.

9. ARBITRATION OF DISPUTES AND WAIVER OF JURY TRIAL.

Except as provided in Section 7, above, any controversy or claim arising out of
or relating to this Agreement, or the breach thereof, shall be settled by
arbitration administered by the American Arbitration Association under its
National Rules for the Resolution of Employment Disputes and judgment upon the
award rendered by the arbitrator(s) may be entered by any court having
jurisdiction thereof. Any such arbitration shall take place in the State of New
York, County of Westchester.

In the event any controversy or claim arising out of Executive's employment or
the termination of Executive's employment is found by a court of competent
jurisdiction not to be subject to final and binding arbitration, Executive and
the Company agree to try such claim or controversy to the Court, without use of
a jury or advisory jury.

10.  ENTIRE AGREEMENT; AMENDMENT; GOVERNING LAW.

This Agreement shall supersede any and all existing oral or written agreements,
between Executive and the Company relating to the terms of Executive's
employment and may be amended only by a written agreement signed by both
parties. This Agreement shall be governed by and construed in accordance with
the laws of the State of New York.

11.  NOTICES.

Any notice, or other communication, including a Notice of Termination, made or
given in connection with this Agreement shall be in writing and shall be deemed
to have been duly given when delivered or mailed by registered or certified
mail, return receipt requested, or by facsimile or by hand delivery, to those
listed below at their following respective addresses or at such other address as
each may specify by notice to the others:

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                                    To the Company:

                                    Paxar Corporation
                                    105 Corporate Park Drive
                                    White Plains, New York 10604
                                    Attention:  General Counsel

                                    To Executive:

                                    Mr. Paul J. Griswold
                                    11 Pembroke Drive
                                    Lake Forest, Illinois  60045

The terms of this Agreement are hereby accepted and agreed to for:

PAXAR CORPORATION                                   EXECUTIVE

By:  /s/ Arthur Hershaft                            By:  /s/ Paul J. Giswold
     ------------------                                  -----------------------
     Arthur Hershaft                                     Paul J. Griswold

Title: Chairman & Chief Executive Officer
                                                    Date: February 17, 2000
                                                          -----------------

Date:  February 7, 2000
       ----------------

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ATTACHMENT A

As Chief Operating Officer, the Executive, working in conjunction with the Chief
Executive Officer, will design, implement and execute a market-driven strategy
that will emphasize revenue and profit growth. The Chief Operating Officer will
be responsible for the Company's Sales, Manufacturing, Technology, Marketing,
Administration, and Finance functions, with all line and staff organizations
heads reporting to the Executive. In selected situations mutually agreed to by
the Chief Executive Officer and Chief Operating Officer, some staff heads may
report to both of them.

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                                  ATTACHMENT B

Incentive Compensation and Stock Awards

1.   Target Incentive is 65% of Base Salary, guaranteed at $292,500.00 for 2000,
       prorated on months of service.

2.   300,000 stock options granted effective the first day of employment.

3.   A long-term incentive of 75% of Base Salary, payable in Stock Options,
       Performance Shares, and/or other types of stock awards.

4.   A grant of 50,000 restricted shares, 16,335 of which vest on the first and
       second anniversaries of the first day of employment and the remainder on
       the third anniversary.

5.   Change in Control provisions as now in effect for the COO as authorized by
       the Company's Board of Directors at its August 12, 1998 meeting.

Note:Awards pursuant to Items 3 and 4 above are subject to adoption by
stockholders at the Company's May 4, 2000 Annual Meeting of the proposed Paxar
Long-Term Performance and Incentive Plan. If not adopted, equivalent incentives,
as authorized by the Company's Compensation Committee, will be provided.

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                                  ATTACHMENT C

1.   $1,350,000 of term life insurance, payable to your designated beneficiary
       or an amount of coverage equal to three times the current Base Salary,
       whichever is greater.

2.   An annual income of $150,000 per year for 10 years, starting at age 65,
       provided you are employed by the Company for a minimum of five years.

3.   A sign on bonus of $200,000, payable in a lump sum within 10 days after
       your first day of employment.

4.   A car allowance of $700.00 per month.

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