Document:

EXHIBIT 10.2

 EXHIBIT 10.2 

Amendment #2 of Statement of Work #3 (“SOW3 amendment”) 

Between Elektrobit, Inc. (“EB”) and TerreStar Networks, Inc. (“TSN”), effective as 

of the 1st day of February, 2010 

1. INTRODUCTION 
 This
SOW3 amendment is made this 1st day of February 2010 by and between Elektrobit Inc. (“Elektrobit” or “EB”) and TerreStar Networks Inc. (“TerreStar” or “TSN”) for the StarComm (Commercial 2G/3G/SAT PDA)
(“Genus Product” or “Handset”) program activities from February 1st, 2010 until the Genus Product achieves M10 TerreStar Technical Acceptance and M11 FF3.2 Handset build approval as set forth in this SoW3 amendment (but
excluding and Post Engineering and Service and Repair activities to be agreed separately), and is pursuant to the Master Development and Licensing Agreement between Elektrobit and TerreStar dated August 10, 2007, as amended
(“Agreement”). Capitalized terms that are not otherwise defined in this SOW3 amendment have the meaning defined in the Agreement. 

Under this SOW3 amendment, EB will complete the StarComm program with successful completion of the Milestones set forth in Section 4.1 below and as
otherwise set forth in the Agreement. It is understood that within the stated scope of this SOW3 amendment, EB will provide Services and Deliverables specified here to get the Handset certified and ready for Initial Operational Capability (IOC) as
provided in this SoW3 amendment. 
 TerreStar Requirement Specification (Starcomm Requirements_SOW3.xls, v.5.0.0, Sep 15, 2009; or later
version, if mutually agreed by both parties) and AT&T Compliance Matrix (as agreed to on February 19, 2010 but including the 42 Group A Application test cases [***] under the Agreement. This will exclude [***]. These items will be reviewed
and accepted in M10 milestone acceptance. If there are [***] requirements. 
 2. SOW3 AMENDMENT OVERVIEW 

The estimated schedule and budget outlined in the original Statement of Work #3 as amended have been significantly changed because of the Changes
concerning the scope and Specifications [***]: 
 [***] 
  

 1 

 For avoidance of doubt, this SOW3 amendment will amend the original Statement of Work #3 and its amendments.
And the original Statement of Work #3 will remain in force to the extent not amended by this SoW3 amendment. Further, the EB Deliverables and Services performed before the effective date of this SoW3 amendment will be governed by the original
Statement of Work #3 and its first amendment. 
 3. PERIOD OF PERFORMANCE 

Based on the planned schedule the period of Deliverables and Services by EB under this SOW3 amendment is approximately [***] months, starting
February 1st, 2010. The planned end-date as of the effective date of this SOW3 amendment is anticipated to be [***]). 

4. SCOPE 
 Sections 4.1
and 4.2 describe EB Milestone-based Deliverables and EB Services including support packages. The official Change Control Process currently in place between TSN and EB under the Agreement will be followed for Changes to the scope of this SOW3
amendment including Deliverables, main program schedule, Specifications, dependencies (including but not limited to the AT&T approval process and its time schedule and Satellite integration camp 3) and scope of Services. 

The Parties acknowledge that the scope of this SOW3 amendment excludes certain critical pre-launch operational activities, related to manufacturing
ramp-up, forward and reverse logistics, after market services and repair work. Such items include but are not limited to a product tracking system and server(s). 

As part of this SOW3 amendment, [***] will be delivered to and used by EB for research and development purposes and [***] units will be delivered to
TerreStar for internal use. All [***] units of the [***] will be delivered to TerreStar and will be commercially saleable units that will not qualify for warranty coverage but will have commercial IMEIs. Re-flashing of software to a commercially
accepted release will be necessary prior to sale of any such units. TerreStar will be responsible for any re-flashing of these Handsets to commercially acceptable releases. Material and labor costs resulting from [***] and [***] builds are covered
by this SOW3 amendment or prior SOWs as the case may be. To the extent that PTCRB approval is not achieved prior to the planned build of [***], TerreStar and EB will determine appropriate course of action at that time. 

The terms and conditions for commercial product deliveries ([***] onwards) are defined in the Master Supply Agreement dated December 1, 2009 between
the EB and TerreStar Corporation (“MSA”). 
  

 2 

 The Parties plan to negotiate terms related to such Post Engineering and Service and Repair activities in a
reasonable time before product launch. 
 4.1. EB Deliverables based on milestones 

The following table includes major Milestones and their Deliverables for StarComm product development during the SOW3 amendment period of performance. EB
shall schedule a review of these Milestone documents no later than 3 business days after release to TerreStar and shall receive acceptance from TerreStar within 5 business days of release to TerreStar (unless deviations are unresolved at that time).

 All Deliverables and Acceptance criteria are based on known and agreed upon Specifications from TerreStar and from
3rd parties (e.g. Microsoft, Hughes, Comneon, component
vendors, etc.) at the SOW3 amendment effective date. Changes in these Specifications will be handled as official Change Requests. 
 StarComm
Product development program Milestone schedule with the Deliverables 
  

							
	 ID

(EB)
	  	  	  	 Date
	  	 Deliverable / Acceptance criteria

	M1a	  	Start of SOW3 amendment	  	[***]	  	[***]
	M1b	  	[***]	  	[***]	  	[***]
	M2	  	[***]	  	[***]	  	[***]

  

 3 

							
	M3	  	[***]	  	[***]	  	[***]
	M5	  	[***]	  	[***]	  	[***]
	M6	  	[***]	  	[***]	  	[***]
	M7	  	[***]	  	[***]	  	[***]
	 M8
	  	[***]	  	[***]	  	[***]

  

 4 

							
	M9	  	[***]	  	[***]	  	[***]
	M10	  	[***]	  	[***]	  	[***]
	M11	  	[***]	  	[***]	  	[***]

 4.2. Scope of Work 

The EB Services in addition to Deliverables set forth in Section 4.1 above under this SOW3 amendment through M11 are as follows: 

1. Support for Satellite Network integration (including support for [***]) 

[***] 
  

 5 

 2. Support for [***], related test requirement activities, and bug fixing 

[***] 
  

 6 

 3. Support work for [***] 

4. Support for [***] 
  

 7 

 5. Mininet support 

[***] 
 6.
TerreStar Friendly User Trial Support 
  

	 	•	 	 EB shall support Friendly User trials comprised of TerreStar internal, TerreStar vendors, AT&T internal and AT&T customer trial participants as
detailed below. Such trial activity is expected to commence in late February and continue until the middle of May. 

  

	 	•	 	 EB will support planning of TSN FUT trials by its Reston on-site support resources. 

 

	 	•	 	 EB will provide technical support (troubleshooting) by its Reston on-site support resources. 

 

	 	•	 	 TSN will filter out non-errors and already identified errors based on the error database. 

 

	 	•	 	 EB will review and analyze TerreStar reports from its FUT trials no more than once a week. 

 

	 	•	 	 EB will provide feedback and take corrective actions at its discretion based on the FUT trial feedback. 

 

	 	•	 	 EB will report new, repeatable SW and HW errors in the error database and provide ETA for correction. 

7. Reston/US-Based On-Site Support 

EB shall maintain one SW and one HW/RF resource to support TerreStar at their facilities. Support will be given during normal office
hours. Should support be needed during the weekends or evenings, the resources may be permitted to take regular work time at EB’s discretion. 

8. Support for user documentation, usability testing and improvements planning 

 

	-	EB will provide a full-time Product Management resource and manage EB’s subcontractors to drive completion the following tasks by [***]: 

 

	 	•	 	 User-facing documentation finalization (including in-box, website and marketing materials finalization as it relates to operation of the device and
accessories). 

  

 8 

	 	•	 	 Packaging finalization including sales box, sales box labeling, revisions to art and logoing, accessory design, accessory packaging, accessory
labeling. 

  

	 	•	 	 User Interface Specification finalization (i.e., changes may be identified and included in the specification but the work may not be completed until a
later time.) 

  

	 	•	 	 Overall user experience report (including 2G/3G, Satellite, custom radio network selection functionality and Windows Mobile operation) OOBR
(Out-Of-the-Box Readiness) review by TerreStar and feedback. All requirements and content shall be frozen by [***]. 

9. Support and Successful Execution of Certifications and Re-Certifications 

EB shall be responsible for obtaining the following certifications: PTCRB, FCC, WiFi, Bluetooth, IEEE 1725/CTIA Battery, USB, Microsoft Windows Logo, AVL,
ETL. 
  

	 	10.	TerreStar agrees to make the following payments as partial payments for outstanding EB invoices for services and material costs incurred in [***]

  

	 	11.	EB shall perform work to enable facilitated software update for [***] software elements (refer to CRs 11 and 16 for details). 

 

	 	12.	EB shall implement changes to accommodate OTA SMS as defined in CR 15. 

  

	 	13.	Support for Satellite Network integration (including suppport for [***]) 

[***] 

	 	

  

 9 

	 	a.	Any material changes to the program scope will be considered to require a Change Request. 

 

	 	b.	Manufacturing of production devices that will be sold to commercial customers is not be included in this amendment or Agreement and will be covered under the Master
Supply Agreement Product Supplement. 

  

 10 

 5. IMPACT OF CHANGES RELATED TO TERRESTAR CONTROLLED ITEMS 

EB and TerreStar acknowledge that certain items in this SOW3 amendment are under TerreStar control and not under EB control. These items include, but are
not limited to the operation and availability of the TerreStar-1 Satellite Network, [***], including [***] defined in section 4.2, Scope of Work. EB will be responsible for the cost of additional work beyond that contemplated by this SOW3 amendment
and/or delays in completing the Milestones set forth in Section 4.1 to the extent such additional work or delays are the result of factors or circumstances that are under direct EB responsibility and control. Additionally, EB will absorb the
cost of changes resulting from TerreStar controlled items that do not have an impact on the overall program schedule under this SoW3 amendment (final Milestone of this SoW3 amendment) or do not require EB to assign new resources or additional
resources to the program, or otherwise impact the amount of work of EB. For use in enforcing the terms of this Section 5, Program resource plan will be attached on Schedule 2 and the program time schedule/project plan is presented on
Section 4. TerreStar will be responsible for additional costs resulting from any other changes. 
 6. TERRESTAR
FURNISHED ITEMS 
 The following table lists TerreStar Furnished Items to EB which originate from Program Parties or third parties.

  

					
	 TerreStar Furnished Item
	  	 Delivery Date or
Milestone
	  	 Item to be Delivered to EB

	 TerreStar approved compliance matrix
	  	M1	  	[***]
	 Acceptance criteria for Product
	  	M1	  	[***]
	 [***]
	  	M2	  	[***]
	 [***]
	  	[***]	  	[***]
	 [***]
	  	M1a	  	[***]
	 [***]
	  	M1	  	[***]
	 [***]
	  	M1	  	[***]
	 [***]
	  	M1	  	[***]

  

 11 

 7. PLACE OF PERFORMANCE AND DELIVERY TERMS 

EB will perform the work primarily on EB premises in Finland. Manufacturing of the StarComm prototype Handsets shall be done by [***]. The Parties
acknowledge that there is a need for integration camps and review meetings with TerreStar and third parties at their premises and potentially at other locations. Further, travelling to [***] is also needed during the project. All Travelling during
the period of performance need to be accepted by TerreStar and will be invoiced. 
 8. ACCEPTANCE OF DELIVERABLES

 EB shall notify TerreStar of any change to delivery schedule of any Milestones identified herein and will notify TerreStar of the availability
and location of Milestone documents for review by TerreStar. EB shall schedule a walkthrough of all Milestone documents identified herein and shall work with TerreStar to finalize the content of such documents (See Section 4.2). With respect to
Milestone acceptances under this SoW3 amendment, TSN will notify EB of its acceptance or rejection of the Milestone within the five (5) business day Acceptance Periods and TerreStar shall not unduly withhold such acceptance. EB and TerreStar
shall meet regularly to review the status of Milestones and Milestone acceptances. 
 The Acceptance Test Plan consists of the “SOW3 TSN TA
Criteria.xls” document. 
  

 12 

 In addition to and notwithstanding the events of acceptance defined in Section 5.3 of the Agreement,
the Deliverables will be deemed to be accepted by TerreStar in the event TerreStar takes the Deliverables into commercial use. 

9. PRICING AND PAYMENTS 

The services under this SOW3 amendment will be performed on a time and materials basis including materials, travel and other expenses. 

Billing, payment and other terms and conditions shall be according to the Agreement. If TerreStar terminates the Agreement before the end date of this
SOW3 amendment TerreStar shall pay for work completed as of the termination date and an early termination fee which equals to the amount of the last EB monthly invoice prior to the termination date. 

The services defined in this amendment shall not exceed USD $20,200,000 (Twenty Million Two Hundred Thousand Dollars) without TerreStar’s prior
written approval. EB shall notify TerreStar immediately upon determining that the Services under this amendment are likely to exceed such amount. 

9.1. Payment 
 Payment
terms are thirty (30) days after receipt of EB’s invoice and, as otherwise set forth in section 2.1.4 of the Agreement. 

10. CONSULTANT MANAGEMENT AND THIRD PARTY COORDINATION 

The EMOC meeting will be called upon to resolve any issue in day-to-day aspects of the support effort. 

Items that can not be addressed or decided in the EMOC will be taken to the Steering Committee for resolution. 

TSN is responsible for coordinating between EB, Hughes Network Systems, LLC (“Hughes”) and Comneon (“Comneon”). In the event that a
dispute arises between EB and Hughes or EB and Comneon, TSN will provide the final resolution to any such dispute. 
  

 13 

 11. STEERING COMMITTEE 

TSN and EB shall each appoint individuals who shall together serve as the Steering committee. 

 

									
	 	 	TerreStar	 	EB
	 Name
	 	Technical	 	Business	 	Technical	 	Business
		 	[***]	 	[***]	 	[***]	 	[***]

  

 14 

 12. INTELLECTUAL PROPERTY RIGHTS 

Ownership and license rights for any EB deliverables provided under this SOW3 amendment are covered by Section 6 (Ownership of Work Product) of the
Agreement. 
 Notwithstanding the provisions of the Agreement, and with regard to EB’s design requirements and design for an [***], EB
hereby grants to TerreStar the ownership rights set forth in Section 6.1 and each Party hereby grants to the other Party the license rights as set forth in Section 2.4.2, provided, however, that such license shall be [***]. For clarity,
each Party acknowledges that the other Party shall not be liable for any Up Front Fee or Per Device Royalty with regard to such Party’s use and licensing of the [***]. Further, the Parties acknowledge and agree that the afore mentioned
documents are provided “AS-IS”, without protection of any kind and any and all warranties or conditions, whether express or implied, or statutory including the implied warranties of title, merchantability, satisfactory quality,
non-infringement and fitness for a particular purpose are hereby excluded to the greatest extent permitted by law. 
 IN WITNESS WHEROF the
Parties here to have caused this SOW3 amendment to be executed by their respective duly authorizes representatives as of the last date written below (the “Effective Date”) 

 

																	
	TerreStar Networks Inc.	 		 		 		 		 		 	Elektrobit Inc.
									
	By:	 	  
	 		 		 		 		 		 	By:	 	
	Name:	 	Jeffrey Epstein	 		 		 		 		 		 	Name:	 	Jani Lyrintzis
	Title:	 	President and CEO	 		 		 		 		 		 	Title:	 	VP & GM
	Date:	 	May 7, 2010	 		 		 		 		 		 	Date:	 	May 7, 2010

  

 15EXHIBIT 10.3

 EXHIBIT 10.3 

Exclusivity Agreement 

This Exclusivity Agreement (this “Agreement”) dated May 6, 2010 is among TerreStar Corporation
(“TerreStar”), TerreStar Networks Inc. (“Networks” and together with TerreStar, the “Company”), SkyTerra LP, SkyTerra Communications, Inc. and HGW Holding Company, L.P. (“HGW Holding
Company” and together with SkyTerra LP and SkyTerra Communications, Inc., “SkyTerra”). The Company and SkyTerra are each referred to herein as a “party” and collectively referred to herein as the
“parties”. 
 Background 

The Company and SkyTerra desire to have negotiations regarding certain transactions (the “Proposed Transaction”)
described in that certain draft term sheet attached hereto (the “Term Sheet”). Such negotiations began pursuant to a prior exclusivity agreement between the Company, HGW Holding Company and certain affiliates of HGW Holding Company.
Although affiliates of SkyTerra will have the right to be involved in such negotiations and subject to SkyTerra’s right to assign this Agreement pursuant to Section 7(c), SkyTerra LP will be the SkyTerra entity primarily engage in such
negotiations. 
 Contemporaneously with the execution of this Agreement, and in consideration of the Company entering into this
Agreement, SkyTerra LP and SkyTerra Communications, Inc. are entering into a Satellite Minutes Agreement (the “Satellite Agreement”) with Networks pursuant to which SkyTerra LP and SkyTerra Communications, Inc., subject to the terms
and conditions in the Satellite Agreement, will purchase from Networks mobile satellite minutes with an aggregate purchase price of $40,000,000 (the “Purchase Payment”). A portion of the Purchase Payment will be obtained from HGW
Holding Company. SkyTerra LP and SkyTerra Communications, Inc. would not enter into the Satellite Agreement or make the Purchase Payment in the absence of this Agreement. HGW Holding Company would not make Purchase Prepayment funds available in the
absence of this Agreement. 
 Negotiation of the Proposed Transaction and the associated due diligence have involved and will
continue to require a significant allocation of SkyTerra resources. 
 In order to induce SkyTerra LP and SkyTerra
Communications, Inc. to enter into the Satellite Agreement and in order to induce HGW Holding Company to make Purchase Payment funds available, the parties desire to enter into this Agreement. 

Therefore, the parties agree as follows: 

1. Negotiations. For the period from the date hereof through August 4, 2010 (or such later date as the parties may
agree, the “Termination Date”), the Company will, and will cause the Company’s direct and indirect subsidiaries (collectively, the “Controlled Subsidiaries”) to diligently engage in good faith negotiations with
respect to the Proposed Transaction. 

 2. Alternative Transactions. 

(a) For the period from the date hereof through the Termination Date, the Company shall not, and the Company shall not permit any of
its affiliates, or any of the representatives or employees of or advisors to the Company or any of its affiliates to, directly or indirectly, take any action to (i) encourage, entertain, solicit, facilitate or initiate the submission of any
Alternative Transaction Proposal, (ii) enter into any written or oral agreement for or relating to a Third Party Transaction (as hereinafter defined), or (iii) participate in any way in discussions or negotiations with, or furnish any
non-public information to, any person in connection with any Alternative Transaction Proposal. The Company shall be responsible for any breach of this Agreement by any of its affiliates or any of their respective representatives or advisors. The
Company will immediately communicate to SkyTerra the receipt of any third party solicitation, proposal or inquiry that the Company, its affiliates or any of their respective representatives or advisors may receive in respect of any Third Party
Transaction, or of any request for such information, including in each case the material terms of any such third party solicitation, proposal or bona fide inquiry. 

(b) “Alternative Transaction Proposal” means any proposed Third Party Transaction. “Third Party
Transaction” means an Alternative Transaction with a party other than SkyTerra or an affiliate of SkyTerra. “Alternative Transaction” means, except for any Proposed Transaction, any transaction that would grant any third
party rights with respect to, or take or fail to take any other action with respect to, the S-band Spectrum (as defined in the Term Sheet) that would interfere with or obstruct the use of the S-band Spectrum by SkyTerra or otherwise make it
unavailable for use by SkyTerra or limit the ability of the Company or SkyTerra to enter into the Proposed Transaction. 

3. No Conflict. Each party represents and warrants to the other that the first party’s entry into this Agreement does
not violate any contract, order, judgment, law or regulation binding on it, or result in any material change in its right against or obligation to any third party. 

4. Access. So long as negotiations are continuing, the Company will make records in its possession or control, and relevant
personnel of the Company, its accountants and its advisors, available to SkyTerra and its officers, employees, affiliates, managers, partners, agents and advisors (including, without limitation, accountants, attorneys, consultants, financial
advisors and bankers) as SkyTerra reasonably requests in connection with SkyTerra’s due diligence, in accordance with the terms of that certain Confidentiality Agreement, dated December 22, 2009 (the “Confidentiality
Agreement”), by and among the Company, Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. 

5. Confidentiality, Publicity. The existence and terms of this Agreement, the Term Sheet and of the discussions between the
parties as to the Proposed Transaction are to remain confidential, except as disclosure of its contents is required by applicable law, regulatory authority or stock exchange listing agreement; provided, however, the Term Sheet shall not be disclosed
to the public in any event. In the event a party hereto or any of its representatives is required by applicable law, regulatory authority or stock exchange listing agreement to disclose any of such information, such party will (a) promptly
notify the other party prior to any such disclosure, (b) reasonably accept the other party’s revisions to the proposed disclosure and (c) cooperate with the other party in any attempt it may make to obtain a protective order or other
appropriate assurance that confidential treatment will be afforded the applicable information. Each party agrees that it will treat the existence and terms of this Agreement and of such discussions with the same care as

  

 2 

 
it would take to preserve the confidentiality of its own confidential information. Prior to the execution of definitive agreements among the parties regarding the Proposed Transaction, neither
party will make any announcement to the public, to third parties, or to its respective employees concerning the Proposed Transaction without prior consultation with, and the approval of, the other party, which may be withheld in its discretion. This
Section 5 will not preclude any of the parties hereto from complying with legal or regulatory requirements applicable to it. If any party believes that it is subject to such a requirement, it will give the other parties prompt prior notice
thereof prior to disclosing the information in question. The provisions of this Section 5 are in addition to, and not in lieu of, the provisions of the Confidentiality Agreement, or any other confidentiality agreement among the parties.

 6. Fees and Expenses. Each Party to this Agreement will pay all of its own expenses incurred in connection with
the Proposed Transaction, whether or not the Proposed Transaction is entered into or consummated. 
 7. General. 

 (a) Binding and Non-Binding Provisions. Except for the express obligations set forth in this Agreement, which are
intended to be legally binding, this Agreement does not create any legally binding obligation with respect to the Proposed Transaction itself or as to anything preliminary thereto. No term sheet or other document, or any act or course of dealing,
other than a writing signed by both parties that expressly states that it is intended to be legally binding, shall create any legally binding obligations. This Section 7(a) sets forth the complete understanding of the parties as to the legal
status of this Agreement and any such other document, act or course of dealing. 
 (b) Modifications. This Agreement
may not be modified, supplemented or waived except by an instrument in writing expressly to that effect signed by the party against whom such modification, supplement or waiver is asserted. Any such waiver will apply only to the specific instance
set forth in such writing. 
 (c) Assignment. All rights and obligations of SkyTerra under this Agreement may be
freely assigned or otherwise transferred by SkyTerra to any affiliate(s) of SkyTerra. This Agreement may not be assigned or otherwise transferred by the Company. 

(d) Applicable Law. This Agreement shall be exclusively governed by and construed in accordance with the internal laws of the
State of New York without regard to its rules of conflicts of laws. 
 (e) Equitable Relief. The parties agree that
monetary damages would not be a sufficient remedy for any breach of this Agreement by the Company and that SkyTerra shall be entitled to equitable relief, including injunction and specific performance, as a remedy for such breaches. Such remedy
shall not be deemed to be the exclusive remedy for a breach by the Company of this Agreement but shall be in addition to all other remedies available at law or equity to SkyTerra. 

(f) Descriptive Headings; Construction. The descriptive headings contained herein are for convenience of reference only and
shall not affect in any way the meaning or 
  

 3 

 
interpretation of this Agreement. The language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and no rule of strict construction
will be applied against any party. 
 (g) Counterparts. This Agreement and any amendments hereto may be executed in
any number of counterparts, each of which shall be deemed to be an original but all of which together shall constitute but one agreement. 

(h) Termination. This Agreement shall terminate on the Termination Date, provided, however that Sections 5 – 7 shall survive
the termination of this Agreement and continue in full force and effect according to their terms. SkyTerra may, in its sole discretion, accelerate the Termination Date to an earlier date. 

[signature page follows] 
  

 4 

 IN WITNESS WHEREOF, the parties hereto have executed this Exclusivity Agreement. 

 

					
	          SKYTERRA LP
			
	 By:
	 		 	SkyTerra GP, Inc., its general partner
			
	 By:
	 		 	  

	 Name:
	 		 	Peter A. Jenson
	 Title:
	 		 	President

  

					
	 HGW HOLDING COMPANY, L.P.

			
	 By:
	 		 	HGW GP, Ltd., its general partner
			
	 By:
	 		 	  

	 Name:
	 		 	Peter A. Jenson
	 Title:
	 		 	Vice President

  

					
	 SKYTERRA COMMUNICATIONS, INC.

			
	 By:
	 		 	  

	 Name:
	 		 	Elizabeth Creary
	 Title:
	 		 	Assistant Secretary

 [Signature Page to
Exclusivity Agreement] 

					
	 TERRESTAR CORPORATION

		
	 By:
	 	  

	 Name:
	 	Jeffrey Epstein
	 Title:
	 	President & CEO

  

					
	 TERRESTAR NETWORKS INC.

			
	 By:
	 		 	  

	 Name:
	 		 	Jeffrey Epstein
	 Title:
	 		 	President & CEO

 [Signature Page to
Exclusivity Agreement] 

 Draft 

CONFIDENTIAL 
 Not a binding
offer. For discussion purposes only 
 SUMMARY OF PRINCIPAL TERMS OF SPECTRUM POOLING AGREEMENT 

The following is a summary of the principal terms and conditions relating to the proposed transactions described herein (the
“Summary”) and is intended for discussion purposes only. The following Summary does not constitute an offer capable of acceptance. Under no circumstances shall the terms and conditions set forth in this Summary
constitute or be deemed to constitute the legally binding obligation of SkyTerra LP or any of its affiliates, to negotiate or to consummate any transaction. 
  

			
	Parties	  	 TerreStar: TerreStar Corporation (“TerreStar”).

 
 Networks: TerreStar Networks Inc. or such affiliate of TerreStar that is the
licensee of the S-band Spectrum (“Networks”).
  

SkyTerra: SkyTerra LP and / or one or more affiliated entities as determined in its sole discretion (“SkyTerra”). Although
affiliates of SkyTerra will have the right to be involved in such discussion and negotiation and subject to SkyTerra’s rights to assign rights pursuant to the Exclusivity Agreement to which this Summary is attached, SkyTerra LP will be the
SkyTerra entity primarily engaged in the discussion and negotiation of the matters described herein.
  

	Spectrum	  	 The portion of the S-band spectrum that Networks is authorized by the FCC to use to serve the United States via satellite and
ancillary terrestrial component (“ATC”) facilities (the “S-band Spectrum”).
  

	Spectrum Pooling Agreement	  	 SkyTerra would seek to implement the terms, among others, described herein pursuant to a “Spectrum Pooling
Agreement.”
  
 [***]

			
	FCC License & Compliance Matters	  	 Networks currently holds FCC licenses and authorizations to use the S-band Spectrum in the United States (the “FCC
License”). Networks has applied to the FCC, and may apply again in the future, for additional licenses and authorizations to use the S-band Spectrum in the United States. Once issued, these additional licenses and authorizations would be
deemed part of the FCC License.
  
 [***]

		
	Satellite Capacity	  	In order to ensure that [***]
		
	Satellite Use of S-band Spectrum [***]	  	Subject to [***]
		
	Spectrum Pooling Agreement Representations and Warranties	  	The Spectrum Pooling Agreement would contain customary terms, conditions, representations, warranties and covenants for a transaction of this nature including, but not limited to,
representations as to the usability of the S-Band Spectrum and required ATC authorization.
		
	Assignment of Spectrum Pooling Agreement	  	All rights and obligations of [***]

  

 2 

			
	Access to SkyTerra Information	  	After execution of the Spectrum Pooling Agreement [***]
		
	Conditions Precedent	  	Among other items, [***]
		
	Consequence of [***]	  	In the event [***]
		
	Regulatory Matters	  	 Consummation of the Spectrum Pooling Agreement and any transactions contemplated thereby (including any potential purchase of the
S-band Spectrum by SkyTerra), would be subject to obtaining all necessary regulatory approvals.
  

[***]

		
	Fees and Expenses	  	[***]
		
	Confidentiality	  	This Summary constitutes Confidential Information (as such term is defined in the Confidentiality and Nondisclosure Agreement (the “Confidentiality Agreement”),
effective as of December 22, 2009, by and among TerreStar, Harbinger Capital Partners Master Fund I, Ltd., and Harbinger Capital Partners Special Situations Fund, L.P.), and shall be treated as such by TerreStar pursuant to the terms of the
Confidentiality Agreement.

  

 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}]]