Document:

Exhibit 10.67

 Exhibit 10.67 
 ASSIGNMENT AND MODIFICATION AGREEMENT 
 Subject to the
consent of Michael McDonnell (the “Executive”) below, as of December 21, 2009 (the “Assignment Date”), Intelsat Global, Ltd. (“Intelsat Global”) and Intelsat, Ltd. (“Intelsat”
and together with Intelsat Global, the “Current Employers”) hereby assign to Intelsat Management LLC, a Delaware limited liability company (“Intelsat Management”), all of their rights and obligations under that
certain Employment Agreement dated as of May 6, 2009, by and between the Executive and the Current Employers (the “Employment Agreement”), and Intelsat Management shall accept such assignment and shall honor any and all of such
rights and obligations. 
 In connection with the foregoing assignment (a) references in the Employment Agreement to the
“Parent” and the “Company” in their capacity as employers shall be deemed to be references to Intelsat Management as the context may require, except as set forth in the fourth paragraph of this Assignment and Modification
Agreement, and (b) references in (i) that certain Class B Restricted Share Agreement dated as of May 6, 2009, by and between the Executive and Intelsat Global (the “Class B Agreement”), and (ii) that certain
Option Agreement dated as of May 6, 2009, by and between the Executive and Intelsat Global (the “Option Agreement” and, together with the Class B Agreement, the “Equity Award Agreements”) to “Company”
shall continue to be references to Intelsat Global and references in the Equity Award Agreements to “Employer” shall be deemed to be references to Intelsat Management. For the avoidance of doubt, any references in the Employment Agreement
or any of the Equity Award Agreements to “termination of employment” shall be deemed to refer to the termination of the Executive’s employment with Intelsat Management and all of its subsidiaries and affiliates. 
 The Executive and Intelsat Management hereby acknowledge and agree that Intelsat Management may make the Executive’s services available
to certain affiliates of Intelsat Management and, to the extent that the Executive’s services are made so available, the terms of the Employment Agreement shall apply mutatis mutandis with respect to the Executive’s services to any
applicable affiliate of Intelsat Management. 
 There shall be no change in any of the Executive’s rights under the
foregoing documents except as to the entity that will be the Executive’s employer and the Executive shall have the right to retain his position as Chief Financial Officer and Executive Vice President of Intelsat and Intelsat Global, to report,
in addition to the chief executive officer of Intelsat Management, only to the chief executive officer of Intelsat and all other rights that the Executive had prior to the execution of this Assignment and Modification Agreement. 
 Except as expressly modified hereby, all terms, conditions and provisions of the Employment Agreement shall remain unchanged and shall
continue in full force and effect. For the avoidance of doubt, neither the execution of nor the transactions contemplated by this Assignment and Modification Agreement shall give rise to a claim of termination of the Executive’s employment
under the terms of the Employment Agreement or the Equity Award Agreements. 

 The parties acknowledge and agree that the Executive has consented to this Assignment and
Modification Agreement in reliance on that certain letter regarding executive employment agreements, by and between Intelsat Global and Intelsat Management, dated as of December 7, 2009. 
 This Assignment and Modification Agreement shall be construed in accordance with and governed for all purposes by the laws and public policy
(other than conflict of laws principles) of the District of Columbia applicable to contracts executed and to be wholly performed therein. 
 This Assignment and Modification Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute the same instrument.

 [Remainder of Page Intentionally Left Blank] 
  

 2 

 Subject to the consent of the Executive below, as of the date hereof, the Executive shall
cease to be an employee of the Current Employers and shall become an employee of Intelsat Management. 
  

			
	INTELSAT MANAGEMENT LLC
		
	By	 	  

	Name:	 	
	Title:	 	
	
	INTELSAT GLOBAL, LTD.
		
	By	 	  

	Name:	 	
	Title:	 	
	
	 INTELSAT, LTD.

		
	By	 	  

	Name:	 	
	Title:	 	

 [SIGNATURE PAGE TO
MCDONNELL ASSIGNMENT AND MODIFICATION AGREEMENT] 

 Consent to the foregoing is hereby granted by the undersigned Executive as of the date hereof. 

 

	
	  

	Michael McDonnell

 [SIGNATURE PAGE TO MCDONNELL ASSIGNMENT AND MODIFICATION AGREEMENT]Exhibit 10.68

 Exhibit 10.68 
 AMENDMENT TO 
 CLASS A RESTRICTED SHARE AGREEMENT

 (Rollover Restricted Shares) 
 This Amendment to Class A Restricted Share Agreement (this “Amendment”) is entered into as of December 7, 2009, by and between Intelsat Global, Ltd. (the
“Company”) and David McGlade (the “Employee”). 
 WHEREAS, the Company and the Employee
entered into that certain Class A Restricted Share Agreement dated as of May 6, 2009, by and between the Company and the Employee (the “Class A Agreement”); and 
 WHEREAS, the Company and the Employee desire to amend certain terms of the Class A Agreement as hereinafter provided. 
 NOW, THEREFORE, in consideration of the foregoing recitals, and in consideration of the mutual promises and covenants set forth below, the
Company and the Employee hereby agree as follows: 
 1. Capitalized terms used but not otherwise defined herein shall have the meanings assigned
to such terms in the Class A Agreement. 
 2. The first sentence of Section 8(b) of the Class A Agreement is hereby amended and
restated as follows: 
 “Shareholders of Class A Restricted Shares shall, except in the case of a Class A Share
Distribution (as defined below), be entitled to receive their percentage interest of all Distributions (received after the time of the Company’s migration to Luxembourg) paid to shareholders until each shareholder of Class A Shares
receives Distributions (received after the time of the Company’s migration to Luxembourg) equal to their Paid-in-Capital (as defined below), and, thereafter, the holders of Class B Shares and holders of Class A Shares shall be entitled to
receive Distributions ratably based upon the proportionate number of outstanding common shares of the Company held by each such shareholder; at the time of any Distribution of Class A Shares to the holders of Class A Shares (a
“Class A Share Distribution”), the Company shall simultaneously make a Class B Share distribution to the holders of Class B Shares in an amount necessary to maintain the proportion of Class A Shares to Class B Shares in effect
as of the date of such Class A Share Distribution.” 
 3. Notwithstanding anything to the contrary in the Class A Agreement, and
for the avoidance of doubt, the parties acknowledge and agree that (a) any distribution of Class A Shares in connection with a stock split or in connection with a stock dividend having the effect of a stock split (including, without
limitation, any Class A Shares issued in connection with the recapitalization related to the Company’s migration to Luxembourg) shall not constitute a “Distribution” for purposes of the Class A Agreement, and (b) as of
the date hereof, no Distributions have been made to the holders of the Class A Shares. 
  

 4. Except as amended above, the terms, conditions and provisions of the Class A Agreement shall remain
unchanged and shall continue in full force and effect. 
 5. This Amendment may be executed in several counterparts, each of which shall be
deemed an original, but all of which together shall constitute the same instrument. 
 [Signature page follows] 
  

 2 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above
written. 
  

					
	INTELSAT GLOBAL, LTD.
		
	 By:
	 	  

		 	 Name:
	 	  

		 	 Title:
	 	  

	
	EMPLOYEE
	
	  

	 David McGlade

 [SIGNATURE PAGE TO AMENDMENT TO CLASS A RESTRICTED SHARE
AGREEMENT]Exhibit 10.69

 Exhibit 10.69 
 AMENDMENT TO 
 CLASS A RESTRICTED SHARE AGREEMENT

 (Rollover Restricted Shares) 
 This Amendment to Class A Restricted Share Agreement (this “Amendment”) is entered into as of December 7, 2009, by and between Intelsat Global, Ltd. (the
“Company”) and Phillip L. Spector (the “Employee”). 
 WHEREAS, the Company and the Employee
entered into that certain Class A Restricted Share Agreement dated as of May 6, 2009, by and between the Company and the Employee (the “Class A Agreement”); and 
 WHEREAS, the Company and the Employee desire to amend certain terms of the Class A Agreement as hereinafter provided. 
 NOW, THEREFORE, in consideration of the foregoing recitals, and in consideration of the mutual promises and covenants set forth below, the
Company and the Employee hereby agree as follows: 
 1. Capitalized terms used but not otherwise defined herein shall have the meanings assigned
to such terms in the Class A Agreement. 
 2. The first sentence of Section 8(b) of the Class A Agreement is hereby amended and
restated as follows: 
 “Shareholders of Class A Restricted Shares shall, except in the case of a Class A Share
Distribution (as defined below), be entitled to receive their percentage interest of all Distributions (received after the time of the Company’s migration to Luxembourg) paid to shareholders until each shareholder of Class A Shares
receives Distributions (received after the time of the Company’s migration to Luxembourg) equal to their Paid-in-Capital (as defined below), and, thereafter, the holders of Class B Shares and holders of Class A Shares shall be entitled to
receive Distributions ratably based upon the proportionate number of outstanding common shares of the Company held by each such shareholder; at the time of any Distribution of Class A Shares to the holders of Class A Shares (a
“Class A Share Distribution”), the Company shall simultaneously make a Class B Share distribution to the holders of Class B Shares in an amount necessary to maintain the proportion of Class A Shares to Class B Shares in effect
as of the date of such Class A Share Distribution.” 
 3. Notwithstanding anything to the contrary in the Class A Agreement, and
for the avoidance of doubt, the parties acknowledge and agree that (a) any distribution of Class A Shares in connection with a stock split or in connection with a stock dividend having the effect of a stock split (including, without
limitation, any Class A Shares issued in connection with the recapitalization related to the Company’s migration to Luxembourg) shall not constitute a “Distribution” for purposes of the Class A Agreement, and (b) as of
the date hereof, no Distributions have been made to the holders of the Class A Shares. 
  

 4. Except as amended above, the terms, conditions and provisions of the Class A Agreement shall remain
unchanged and shall continue in full force and effect. 
 5. This Amendment may be executed in several counterparts, each of which shall be
deemed an original, but all of which together shall constitute the same instrument. 
 [Signature page follows] 
  

 2 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above
written. 
  

					
	 INTELSAT GLOBAL, LTD.

		
	 By:
	 	  

		 	 Name:
	 	  

		 	 Title:
	 	  

	
	EMPLOYEE
	  
  

	 Phillip L. Spector

 [SIGNATURE PAGE TO AMENDMENT TO CLASS A RESTRICTED SHARE
AGREEMENT]

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