Document:

Satellite Delivery Agreement, dated February 22, 2007

 Exhibit 10.56 
 SATELLITE DELIVERY AGREEMENT 
 THIS SATELLITE DELIVERY AGREEMENT by and between Mobile
Satellite Ventures (Canada) Inc. (“MSV Canada”) and Mobile Satellite Ventures LP (“MSV LP), is made effective as of February 22, 2007 (the “Effective Date”). 
 WHEREAS MSV Canada has been authorized by Industry Canada (the “Industry Canada Authorization”) to construct, launch and operate a next
generation mobile satellite (the “MSV-2Satellite”) to replace the existing MSAT-1 satellite; 
 AND WHEREAS the Industry
Canada Authorization establishes certain milestones relating to construction, launch and operation of the MSV-2 Satellite; 
 AND WHEREAS
MSV Canada desires to retain the assistance of MSV LP to procure an L-band satellite on MSV Canada’s behalf which shall become the MSV-2 Satellite and to oversee the construction, launch, insurance and commissioning of this satellite at the
sole and exclusive direction of MSV Canada; 
 AND WHEREAS, pursuant to an agreement dated January 9, 2006 between MSV LP and
Boeing Satellite Systems, Inc., MSV LP has agreed to procure three (3) space-based satellite network, including the MSV-2 Satellite for the benefit of MSV Canada; 
 NOW THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, MSV Canada and MSV
LP hereby covenant and agree as follows: 
 1. DEFINITIONS 
 Unless the context otherwise specifies or requires, the following terms shall have the following meanings respectively: 
 “Affiliate” means, with respect to a party, any person or entity (1) more than 50% of the capital securities of which on an as-converted basis are owned by, or (2) directly or indirectly
controlling, controlled by, or under common control with, such party at the time when the determination of affiliation is being made. For purposes of this definition, the term “control” (including the correlative meanings of the terms
“controlled by” and “under common control with”), as used with respect to a person or entity, shall mean the possession, directly or indirectly, of the power to (a) direct or cause the direction of management policies of
such person or entity, whether through the ownership of voting securities or by contract or otherwise, or (b) select a majority of the Board of Directors of such person or entity. 
 “Agreement” shall mean this Satellite Delivery Agreement between MSV Canada and MSV LP. 
 “Capacity Lease Agreement” means the Capacity Lease Agreement dated November 26, 2001 between MSV LP and MSV Canada as amended from
time to time. 
  

 “EAR” means the United States Export Administration Act and Export
Administration Regulations, as amended. 
 “Governmental Entity” means any (1) multinational, federal, provincial,
state, municipal, local or other government, governmental or public department, central bank, court, commission, board, bureau, agency or instrumentality, domestic or foreign, (2) subdivision, agent, commission, board, or authority of any of
the foregoing, (3) quasi-governmental or private body validly exercising any regulatory, expropriation or taxing authority under or for the account of any of the foregoing, or (4) the International Telecommunication Union, in
each case in the proper exercise of its governmental authority 
 “Industry Canada” means the Canadian federal Department of
Industry or any successor agency thereto. 
 “Industry Canada Authorization” means the Approval in Principle issued by
Industry Canada to MSV Canada dated April 5, 2005 which authorizes MSV Canada to construct, launch and operate the MSV-2 Satellite and to use certain L band spectrum and feeder link spectrum as assigned to MSV Canada and as may be amended from
time to time. 
 “Insurance” shall have the meaning specified in Section 6 hereof. 
 “Insurance Vendor” means the insurer that is selected in accordance with and subject to the terms and conditions of this
Agreement. 
 “ITAR” means the United States Arms Export Control Act and the United States International Traffic in
Arms Regulations, as amended. 
 “Intentional Ignition” means, with respect to the MSV-2 Satellite, the definition that
is set forth in the Satellite Construction Contract, as the same may be modified in accordance therewith. 
 “Launch” means
Intentional Ignition followed by lift-off. This definition shall be modified to incorporate the definition of “Launch” from the Launch Services Agreement applicable to the Launch of the MSV-2 Satellite. 
 “Launch Agency” means the Satellite Vendor or a provider of Launch Services responsible for conducting the Launch Services for the MSV-2
Satellite. 
 “Launch Option” means MSV LP’s option to procure Launch Services from the Satellite Vendor in accordance
with the Satellite Construction Contract. 
 “Launch Services” means those services, including the provision of a Launch
Vehicle, to be provided by the Launch Agency for the Launch of a Satellite pursuant to the Launch Services Agreement. 
  

 “Launch Services Agreement” means the contract between MSV LP (or Satellite Vendor, if
MSV LP elects the Launch Option) and the Launch Agency that provides for Launch Services for the MSV-2 Satellite, as such contract may be amended from time to time in accordance with its terms. 
 “Launch Vehicle” means the launch vehicle used to provide Launch Services for the MSV-2 Satellite. 
 “MSV-2 Deliverables” means any “Deliverable Item,” as defined in the Satellite Construction Contract, other than the MSV-2
Satellite, to be delivered to MSV LP by the Satellite Vendor as set forth in the Satellite Construction Contract relating to or required for the testing, operating, and/or maintenance of the MSV-2 Satellite, but excluding any other Satellite that
may be purchased by MSV LP under the Satellite Construction Contract or any other Deliverable Item thereunder to the extent used in connection with any other such Satellite. 
 “MSV-2 Satellite” means one (1) of the three (3) Satellites (as such term is defined in the Satellite Construction Contract) to
be manufactured under the Satellite Construction Contract (the selection of which shall be upon the mutual agreement of MSV LP and MSV Canada), which shall be transferred to MSV Canada and shall become the MSV-2 Satellite pursuant to the terms
hereof and operated by MSV Canada pursuant to the Industry Canada Authorization. 
 “MSV Canada” shall mean Mobile Satellite
Ventures (Canada) Inc., a corporation incorporated under the laws of the Province of Ontario. 
 “MSV LP” shall mean Mobile
Satellite Ventures LP, a Delaware limited partnership. 
 “Orbital Location” shall mean the geostationary satellite orbital
position located at 107.3 degrees West Longitude. 
 “Performance Specifications” means the Performance Specifications as
defined in the Satellite Construction Contract. 
 “Post-Launch Services” shall have the meaning ascribed thereto in
Section 7 hereof. 
 “Program Management” means the assistance to be provided by MSV LP under this Agreement, using both
internal and external resources (such as consultants from Telesat Canada), to manage the procurement, construction, launch, insurance, “In Orbit Testing,” as defined in the Satellite Construction Contract, commissioning, and oversight of
the Satellite Vendor’s other post-launch support obligations for the MSV-2 Satellite and the MSV-2 Deliverables as specified in the Satellite Construction Contract. 
 “Purchase Price” shall have the meaning ascribed thereto in Section 7 hereof. 
 “Satellite” or “Satellites” means one or more of the satellites to be constructed under the Satellite Construction Contract.

  

 “Satellite Construction Contract” shall mean the agreement dated January 9, 2006
between MSV LP and Boeing Satellite Systems, Inc. for the construction of, among others, the MSV-2 Satellite. 
 “Satellite Delivery
Services” shall have the meaning specified in Section 3.2 hereof. 
 “Satellite Vendor” means Boeing Satellite,
the satellite manufacturer selected by MSV LP and who has entered into the Satellite Construction Contract with MSV LP for the construction of the Satellites. 
 “Total Loss” means with respect to the MSV-2 Satellite after Intentional Ignition: (i) the complete loss, destruction or operational failure of such Satellite, or (ii) a total or
constructive total loss as defined in the Insurance policy for such Satellite. 
 2. SATELLITE DELIVERY AND TRANSFER OF TITLE  
 2.1 Satellite Delivery. MSV LP shall use commercially reasonable efforts to deliver, or cause to be delivered the MSV-2 Satellite to MSV Canada at the
Orbital Location, in accordance with and subject to the terms and conditions of this Agreement. 
 2.2 Transfer of Title. Subject to the receipt
of all necessary governmental approvals, title to the MSV-2 Satellite shall be transferred from MSV LP to MSV Canada at the point in time that title to the MSV-2 Satellite is transferred from the Satellite Vendor to MSV LP in accordance with
Section 11.1 of the Satellite Construction Contract, subject to the provisions stated therein in the event of a “Terminated Ignition.” Title to the MSV-2 Satellite shall be transferred from MSV LP to MSV Canada free and clear of all
security interests, liens, encumbrances and similar interests, except liens on the Satellite that may exist (i) in connection with any financing with respect to which MSV Canada is a party, a guarantor or otherwise agrees to such security
interests, liens, encumbrances or similar interests, including, without limitation those arising with respect to the 14% Senior Secured Discount due 2013 (the “High Yield Liens”), (ii) in connection with any financing relating to the
Launch Services Agreement to which MSV Canada is a party or otherwise agrees, and (iii) in connection with any required transfer of title to the Satellite to insured interests for salvage in the event of a Total Loss of the Satellite (the liens
set forth in clauses (i) through (iii) above, as well as the “Orbital Performance Incentives” being hereinafter referred to as “Permitted Liens”). Without limiting the generality of the foregoing, MSV LP shall ensure
that all of its then-current obligations to the Satellite Vendor have been performed as of such date in order to ensure that any security interests, liens, encumbrances or similar interests granted by MSV LP in the MSV-2 Satellite to the Satellite
Vendor have been terminated, released and discharged. 
 2.3 MSV-2 Deliverables. Subject to the receipt of all necessary governmental approvals,
MSV LP shall deliver to MSV Canada the MSV-2 Deliverables, at such location(s) as the parties shall mutually agree, upon the later of the time of the transfer of title to the MSV-2 Satellite to MSV Canada or the time that such MSV-2 Deliverables are
delivered to MSV LP by the Satellite Vendor, provided however, that, subject to the receipt of all necessary governmental approvals, MSV LP shall deliver or cause the Satellite Vendor to deliver to MSV Canada before such time and as soon as is
practicable, but in no event sooner than required under the Satellite 

  

 
Construction Contract, any MSV-2 Deliverables that MSV Canada or its contractors (including its satellite operator) or agents reasonably require to prepare
for the launch, testing and operation of the MSV-2 Satellite. Subject to the receipt of all necessary governmental approvals, title to any MSV-2 Deliverables (other than the MSV-2 Satellite), shall be transferred by MSV LP to MSV Canada at the later
of (i) the time of the transfer of title to the MSV-2 Satellite to MSV Canada or (ii) the time that title to such MSV-2 Deliverables is transferred to MSV LP by the Satellite Vendor. Title to the MSV-2 Deliverables (other than the MSV-2
Satellite) shall be transferred from MSV LP to MSV Canada free and clear of all security interests, liens, encumbrances and similar interests, except for Permitted Liens. Title to all MSV-2 Deliverables which are software shall remain with the
Satellite Vendor and rights of use are licensed to MSV LP. As to such Satellite-Vendor licensed MSV-2 Deliverables, subject to the receipt of all necessary governmental approvals, MSV LP shall sublicense said MSV-2 Deliverables to MSV Canada for the
exclusive purpose of testing, operating, and/or maintaining the MSV-2 Satellite or a MSV-2 Deliverable, subject to all of the restrictions on such use as are set forth in the Satellite Construction Contract and provided that the Satellite
Construction Contract has been amended consistent with the modifications specified in Article 14. 
 2.4 Amendments to Satellite Construction
Contract. MSV LP shall not amend or terminate the Satellite Construction Contract in any respect as relates to the MSV-2 Satellite or any MSV-2 Deliverable in a manner different than amendments relating to the other satellites to be delivered
thereunder, or otherwise in a manner inconsistent with the Industry Canada Authorization. 
 3. SATELLITE DELIVERY SERVICES 
 3.1 Scope. Before and after title in the MSV-2 Satellite is transferred to MSV Canada in accordance with the terms of this Agreement, MSV LP shall, in accordance
with and subject to the terms and conditions of this Agreement and in accordance with reasonable industry standards of care: 
 (a) perform
its obligations (including without limitation, all payment obligations) under the Satellite Construction Contract with respect to the MSV-2 Satellite and the MSV-2 Deliverables; and 
 (b) provide the Program Management of all aspects of the Satellite Construction Contract, including with respect to the MSV-2 Satellite and the MSV-2
Deliverables, which obligations shall include the use of commercially reasonable efforts to enforce the Satellite Vendor’s obligations under the Satellite Construction Contract. 
 3.2 Definition of Satellite Delivery Services. MSV LP’s obligations under this Agreement, including the obligations with respect to the Satellite Construction Contract, the Launch Services Agreement, the
Insurance and the Program Management are referred to collectively herein as the “Satellite Delivery Services”. 
  

 3.3 Performance of Satellite Delivery Services. The Satellite Delivery Services will be provided in accordance
with reasonable industry standards of care, at commercially reasonable rates as described in section 7.1 below, and subject to the terms and conditions set forth in this Agreement 
 3.4 Compliance with Industry Canada Authorization. MSV LP shall provide the Satellite Delivery Services to MSV Canada in such a manner as to assist MSV Canada in complying with the Industry Canada Authorization
and shall use commercially reasonable efforts to cause its suppliers to achieve the milestone due dates set out in the Industry Canada Authorization and set forth below: 
  

					
	 	 	 Milestone
	  	 Date

	1	 	Submission of final design specifications of the MSV-2 Satellite to Industry Canada for approval.	  	December 15, 2006
			
	2	 	Signature of contracts for the construction and launch of the MSV-2 Satellite	  	March 15, 2007
			
	3	 	Placement of the satellite into its assigned orbital position	  	March 31, 2011

 MSV LP shall also provide all necessary support, assistance and documentation required by MSV Canada (as is
legally permitted and as is required by MSV Canada) to satisfy any Industry Canada reporting obligations. 
 4. SATELLITE CONSTRUCTION CONTRACT

 4.1 Copies of Agreements. MSV LP shall provide an executed copy of the Satellite Construction Contract (including all exhibits) to MSV Canada.
For the purposes of satisfying the Satellite Vendor’s requirements, the Satellite Construction Contract shall be considered to be proprietary information of MSV LP and governed by Section 10 hereof. MSV LP shall, for those portions of the
Satellite Construction Contract that relate to the MSV-2 Satellite, and the MSV-2 Deliverables, use commercially reasonable efforts to obtain the prior consent of the Satellite Vendor for any disclosures relating thereto that MSV Canada may need to
make, including but not limited to disclosures to Industry Canada, insurers and Launch Vehicle Providers. 
 4.2 Significant Decisions. MSV LP agrees
to keep MSV Canada promptly apprised of all material discussions between MSV LP and Satellite Vendor regarding significant decisions related to the Satellite Construction Contract as related to the MSV-2 Satellite and the MSV-2 Deliverables, and in
particular any discussions regarding the Performance Specifications of the MSV-2 Satellite or waivers, deviations or other modifications to the Performance Specifications. MSV Canada also agrees to keep MSV LP promptly apprised of all material
discussions between 

  

 
MSV Canada and Industry Canada that would have a material impact on the Satellite Delivery Services to be provided by MSV LP under this Agreement. MSV LP
shall collaborate with and include MSV Canada in all significant decisions related to the Satellite Construction Contract affecting the MSV-2 Satellite and the MSV-2 Deliverables, including without limitation, “Acceptance” (as defined in
the Satellite Construction Contract) of the MSV-2 Satellite and the MSV-2 Deliverables, and shall obtain the prior written approval of MSV Canada prior to entering into any waivers, deviations or other modifications to the Performance Specifications
which would result in a breach by MSV Canada of the Industry Canada Authorization for the MSV-2 Satellite or other modifications to the MSV-2 Satellite; provided that MSV Canada shall make its relevant employees and consultants available at all
relevant times and locations and make decisions required to be made as to any requested waiver or deviation within the time required under the Satellite Construction Contract. Notwithstanding the requirement for written approval, if MSV Canada does
not object to such waiver, deviation or other modification within two (2) “Business Days” (as defined in the Satellite Construction Contract after receipt of MSV LP’s request for approval (or lesser period if required to meet the
response time under the Satellite Construction Contract, as noted in MSV LP’s request for approval), such approval shall be deemed given. 
 4.3
Participation and Access. Subject to Satellite Vendor’s standard security and export procedures and requirements, employees and consultants of MSV Canada (who are not direct competitors of the Satellite Vendor) shall be entitled to the full
extent of the inspection and access rights granted under the Satellite Construction Contract as related to the MSV-2 Satellite and the MSV-2 Deliverables. Further, MSV Canada shall be entitled to participate in and be present at: (a) reviews of
each of Satellite Vendor’s milestone events leading up to launch of the MSV-2 Satellite; (b) Satellite Vendor’s “Final Integration and Test,” “Satellite Pre-shipment Review”, “Spacecraft Launch Readiness
Review”, and “Launch and In-Orbit Testing Sessions” (or similar events if described differently in the Satellite Construction Contract); (c) informal Project Manager meetings and informal project level technical review meetings;
and (d) “Training” as it relates to the MSV-2 Satellite and the MSV-2 Deliverables. Participation as contemplated herein shall include, but not be limited to: (i) attendance by MSV Canada representatives at such events and
meetings, (ii) consultation by and with MSV Canada on engineering decisions that affect the MSV-2 Satellite’s performance (including the ability to meet the applicable Performance Specifications); and (iii) the review of relevant
reports and test results. When available to MSV LP and upon completion of any necessary export review and procedures, if applicable, MSV LP shall distribute all design review documents, if and to the extent authorized for export, to MSV Canada. With
reasonable prior notice, MSV Canada and its representatives, in the presence of MSV LP and Satellite Vendor, shall have the right to view program hardware in progress in accordance with Satellite Vendor’s access policies and procedures. Subject
to any confidentiality restrictions set forth in the Satellite Construction Contract, MSV Canada and its representatives shall have access, while accompanied by the Satellite Vendor and MSV LP to all work, including without limitation, technical
data and information, test data, drawings, documentation, tooling, and manufacturing processes, testing and hardware in progress, being performed at Satellite Vendor’s facilities pursuant to the Satellite Construction Contract at all times
during the period of Satellite Construction Contract performance, provided that such access does not unreasonably interfere with such work or any other work. MSV Canada and its representatives shall have access, while accompanied by MSV LP to work
being performed pursuant to the Satellite Construction Contract in Satellite Vendor’s 

  

 
subcontractors’ facilities to the extent Satellite Vendor obtains such access, subject to the right of Satellite Vendor and MSV LP to accompany MSV
Canada and its representatives on any such visit and subject further to the execution by MSV Canada and its representatives of non-disclosure or similar agreements as may be required by said subcontractors. MSV LP shall use all reasonable commercial
efforts to obtain access for MSV Canada and its representatives, while accompanied by MSV LP, to the work being performed pursuant to the Satellite Construction Contract in Satellite Vendor’s subcontractors’ facilities. The parties
acknowledge that there may be circumstances in which MSV Canada (due to ITAR-related or other governmental restrictions), cannot be provided with access, in which case MSV LP agrees to fully inform MSV Canada of such circumstances and use reasonable
and diligent efforts to obtain all necessary governmental or other consents as shall permit such access. MSV LP shall not unreasonably withhold its agreement to requests by MSV Canada for access and inspection visits. 
 4.4 Post Launch Operations. After title to the MSV-2 Satellite and the MSV-2 Deliverables have been transferred from MSV LP to MSV Canada, MSV LP shall in use
commercially reasonable efforts to arrange for and facilitate the reasonable requirements of MSV Canada, its agents and particularly the operator of the MSV-2 Satellite, to speak directly with the Satellite Vendor with respect to day-to-day
operations, satellite anomalies and other matters involving the MSV-2 Satellite, provided that MSV Canada shall keep MSV LP apprised of any matters discussed with the Satellite Vendor and shall have no authority to waive or modify any right or
obligation of MSV LP under the Satellite Construction Contract or to direct the Satellite Vendor to take or fail to take any action required thereunder. MSV Canada shall also keep MSV LP fully informed of any anomalies that occur with respect to the
operation of the MSV-2 Satellite, without limitation, to the full extent that such information may be required to be submitted by MSV LP to the insurer(s) of the MSV-2 Satellite. 
 4.5 Satellite Vendor. Certain provisions of this Section 4 are subject, to the extent required, to the consent of the Satellite Vendor, which consent MSV LP shall use commercially reasonable efforts to
obtain. MSV Canada agrees to use commercially reasonable efforts to comply with all provisions of the Satellite Construction Contract that pertain to the rights specified in this Section 4 to the extent MSV Canada is made aware of them.

 5. LAUNCH SERVICES AGREEMENT 
 5.1
Execution. MSV LP shall identify and execute a Launch Services Agreement with a Launch Vendor for the MSV-2 Satellite at a commercially appropriate time, taking into account such factors as the progress of the MSV-2 Satellite construction,
availability of launch vehicles, launch vehicle performance, and then-available pricing and other terms. Prior to executing a Launch Services Agreement for the MSV-2 Satellite, MSV LP shall collaborate with and include MSV Canada in all significant
decisions related to such Launch Service Agreement. 
  

 5.2 Participation and Access. MSV LP shall ensure, pursuant to the Launch Services Agreement, that, subject to
compliance with applicable export laws and regulations, MSV Canada shall be permitted to participate in reviews of each of Launch Vendor’s milestone events with respect to the launch of the MSV-2 Satellite. MSV Canada and its representatives
shall also be entitled to attend the launch of the MSV-2 Satellite. All expenses associated with the foregoing shall be borne by MSV Canada. MSV Canada shall comply with the provisions of the Launch Services Agreement as to all such participation
and access. 
 5.3 Amendment and Termination. Once the Launch Services Agreement is finalized and fully executed, MSV LP shall not amend or terminate
the Launch Services Agreement as it relates to the MSV-2 Satellite in a manner which would result in a breach by MSV Canada of the Industry Canada Authorization without the express written consent of MSV Canada and shall not make any other
modifications or amendments to the Launch Services Agreement without prior notice to MSV Canada. 
 6. INSURANCE 
 6.1 If requested to do so by MSV Canada, MSV LP shall assist MSV Canada in structuring and, arranging the agreements for Launch Insurance of the MSV-2 Satellite
and implementing agreements to insure: the Launch (from the moment of Intentional Ignition), initial in orbit operations; and, as MSV LP may determine, subsequent periods of in-orbit operation of the MSV-2 Satellite (the “Insurance”) at a
commercially appropriate time, taking into account such factors as progress of the MSV-2 Satellite construction, then-available pricing or discount rates available if insured with other satellites under the Satellite Construct Contract and other
relevant factors. In furtherance and without limitation of the foregoing, MSV LP agrees to keep MSV Canada promptly apprised of all material third party discussions related to Insurance. MSV LP shall collaborate with and include MSV Canada in all
significant decisions related to selection of an Insurer and specific Insurance coverages, including without limitation the placement of Insurance for the MSV LP satellites. MSV LP will make recommendations to MSV Canada with respect to Insurance of
the MSV-2 satellite that are consistent with MSV Canada’s needs, the Industry Canada Authorization and MSV LP’s obligations under this Agreement. 
 6.2 Nothing herein restricts MSV Canada from obtaining, at MSV Canada’s own cost, Launch Insurance or in-orbit Insurance for the MSV-2 Satellite. Where MSV Canada chooses to obtain its own Insurance, it shall also so notify MSV
LP in writing prior to MSV LP entering into any agreements on MSV Canada’s behalf, and shall provide MSV LP with written confirmation of such insurance coverage, naming them as co-insured for any remaining obligations of MSV LP under this
Agreement or the Satellite Construction Contract, once obtained. 
  

 7. PURCHASE PRICE, PAYMENTS AND POST-LAUNCH SERVICES 
 7.1 Purchase Price. The Purchase Price for the MSV-2 Satellite shall equal the sum of the following cost components: 
 (a) all costs and expenses incurred by MSV LP under the Satellite Construction Contract for the MSV-2 Satellite, less any liquidated damages or other
credits or refunds received by MSV LP for the MSV-2 Satellite under the Satellite Construction Contract; 
 (b) all costs and expenses
incurred by MSV LP under any Launch Services Agreement for the MSV-2 Satellite, less any liquidated damages or other credits or refunds received by MSV LP for the MSV-2 Satellite under the Satellite Construction Contract; 
 (c) all costs and expenses incurred by MSV LP to finance the construction and launch of the MSV-2 Satellite; 
 (d) all costs and expenses incurred by MSV LP to arrange for and procure Insurance for the MSV-2 Satellite; 
 (e) any other costs and expenses incurred by MSV LP to provide and perform the Satellite Delivery Services; up to and including the Launch of the MSV-2
Satellite; 
 (f) all applicable taxes, duties and other fees or charges; and 
 (g) such other costs as mutually agreed upon by the parties. 
 The above costs and expenses incurred by MSV LP shall be determined in accordance with U.S. generally accepted accounting principles applied consistently in accordance with MSV LP’s past practice, plus a margin which shall not exceed
ten (10) per cent on all such costs and expenses that are not in respect of taxes, depreciation, insurance or licensing fees payable in relation to the MSV-2 Satellite, provided however, that in the event either Party believes that the
foregoing results in inequitable pricing that was not intended, or is otherwise not appropriate, at the request of such Party the Parties will negotiate in good faith an alternative basis for pricing that reflects a more appropriate result. MSV
Canada may assume responsibility for and pay directly to the relevant provider any one or more of the costs and expenses set out in this Section 7.1 and, such amounts paid by MSV Canada, if any, shall not be included in the Purchase Price.

 The amount paid by MSV Canada to MSV LP under this Section 7.1 hereof is hereinafter referred to as the “Purchase Price”. 
  

 7.2 Payment of Purchase Price. The Purchase Price for the MSV-2 Satellite shall be paid and satisfied as follows:

 (a) MSV Canada and MSV LP shall enter into a mutually agreed upon Lease Amendment to the Capacity Lease Agreement pursuant to which MSV
Canada shall lease to MSV LP certain capacity on the MSV-2 Satellite in consideration for the delivery of the MSV-2 Satellite to MSV Canada pursuant to the terms and conditions hereof; and/or 
 (b) In such other manner as may be mutually agreed upon by MSV Canada and MSV LP. 
 7.3 Post-Launch Services. To the extent that any Satellite Delivery Services are provided by MSV LP to MSV Canada after the Launch of the MSV-2 Satellite (hereinafter referred to as the “Post-Launch
Services”), any payments for such Post-Launch Services shall be based upon all costs and expenses incurred by MSV LP to provide and perform the Post-Launch Services. All such costs and expenses incurred by MSV LP to perform the Post-Launch
Services shall be determined in accordance with generally accepted U.S. accounting principles applied consistently in accordance with MSV LP’s past practice, plus a margin of up to ten percent (10%) on all such costs and expenses incurred
that are not in respect of taxes, depreciation, insurance or licensing fees paid or payable, provided however, that in the event either Party believes that the foregoing results in inequitable pricing that was not intended, or is otherwise not
appropriate, at the request of such Party the Parties will negotiate in good faith an alternative basis for pricing that reflects a more appropriate result. Any invoices for Post-Launch Services shall be rendered by MSV LP in accordance with the
provisions of the Rights and Services Agreement by and between MSV Canada and Mobile Satellite Ventures Corp., the wholly owned Canadian subsidiary of MSV LP, dated November 26, 2001, and/or as may be mutually agreed upon by MSV Canada and MSV
LP. 
 7.4 Taxes and Other Charges. All amounts payable pursuant to this Section 7 shall be exclusive of taxes, duties and other fees or charges
levied by a Governmental Entity. MSV Canada will pay directly or reimburse MSV LP for all such taxes, duties and other fees or charges. Notwithstanding the foregoing, in no event will MSV Canada be liable for any taxes based upon or measured by MSV
LP’s net income or property (other than the MSV-2 Satellite) or employment taxes of MSV LP. 
 8. REPRESENTATIONS, WARRANTIES AND COVENANTS

 8.1 MSV Canada’s Representations, Warranties and Covenants. MSV Canada hereby represents, warrants and covenants to MSV LP as follows:

 (a) It is an Ontario corporation duly organized, validly existing and in good standing under the laws of the Province of Ontario. It is
duly licensed or qualified to do business as a foreign or extraprovincial corporation in all jurisdictions where the failure to be so qualified would materially adversely affect its ability to perform its obligations hereunder. It has all requisite
power and authority to own its properties and carry on its business as now conducted. 
  

 (b) The execution, delivery and performance (as provided herein) by MSV Canada of this Agreement has been
duly authorized by all requisite corporate action of MSV Canada (including without limitation any necessary action of its directors and shareholders) and will not violate any applicable provisions of law or any order of any court or any agency of
government and will not conflict with or result in a breach under (a) its constating documents, or (b) any material agreement to which MSV Canada is a party or by which it is bound. This Agreement is a legal, valid and binding obligation
of MSV Canada, enforceable in accordance with its terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally. 
 (c) In connection with MSV Canada’s performance under this Agreement, MSV Canada shall comply in all material respects with all applicable laws,
regulations, or orders of any Governmental Entity. 
 8.2 MSV LP’s Representations, Warranties and Covenants. MSV LP hereby represents, warrants
and covenants to MSV Canada as follows: 
 (a) It is a limited partnership duly organized, validly existing and in good standing under the
laws of Delaware. It is duly licensed or qualified to do business as a foreign entity in all jurisdictions where the failure to be so qualified would materially adversely affect its ability to perform its obligations hereunder. It has all requisite
power and authority to own its properties and carry on its business as now conducted. 
 (b) The execution, delivery and performance (as
provided herein) by MSV LP of this Agreement has been duly authorized by all requisite partnership action of MSV LP (including without limitation any necessary action of its limited partners) and will not violate any applicable provisions of law or
any order of any court or agency of government and will not conflict with or result in a breach under (a) its organizational documents, or (b) any material agreement to which MSV LP is a party or by which it is bound. This Agreement is a
legal, valid and binding obligation of MSV LP, enforceable in accordance with its terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally. 

(c) In connection with MSV LP’s performance under this Agreement, MSV LP shall comply in all material respects with all applicable laws,
regulations, or orders of any Governmental Entity. 
 (d) In providing the Satellite Delivery Services for the MSV-2 Satellite, MSV LP shall
apply the same degree of care as MSV LP uses with respect to the Program Management that it exercises in relation to any other satellites, being constructed pursuant to the Satellite Construction Contract, but in no event shall the degree of care be
less than a reasonable industry standard of care. 

 (e) In the construction, Insurance and launch of the MSV-2 Satellite pursuant to this Agreement, MSV LP
agrees to use good faith efforts to obtain the most favourable pricing and terms and conditions available for such construction, Insurance and launch, and will use at least the same efforts to obtain the most favourable pricing and terms and
conditions available for such construction, Insurance and launch as MSV LP obtains with respect to any other satellites being constructed pursuant to the Satellite Construction Contract, in all cases consistent with, and balanced by, quality
standards and other appropriate technical and risk considerations. 
 (f) All decisions to be made and all actions and omissions of MSV LP
relating to the Satellite Construction Contract and the Launch Service Agreement shall be made (i) in good faith, (ii) with a view to assisting MSV Canada comply with the Industry Canada Authorization and all applicable laws, regulations
and rules, and (iii) consistent with the practices and standards normally used by MSV LP with respect to any other satellites that are being constructed pursuant to the Satellite Construction Contract, but in no event less than reasonable
industry practices and standards. In providing the Satellite Delivery Services, MSV LP shall comply with all applicable laws, regulations and rules. 
 9.
WARRANTY DISCLAIMER; LIMITATION OF LIABILITY 
 9.1 Warranty Disclaimer. MSV CANADA ACKNOWLEDGES AND AGREES THAT MSV LP DOES NOT ITSELF
MANUFACTURE, LAUNCH OR OPERATE SATELLITES, BUT INSTEAD RELIES UPON VENDORS TO DO SO WHOSE LIABILITY FOR FAILURE OF PERFORMANCE IS AND IS ANTICIPATED TO BE STRICTLY LIMITED BY VIRTUE OF THEIR CONTRACTS WITH MSV LP. FURTHER, THE NATURE OF THE
SATELLITE CONSTRUCTION, LAUNCH, AND OPERATIONS ACTIVITIES CONTEMPLATED HEREUNDER ARE INHERENTLY SUBJECT TO RISK, AND WITHOUT LIMITATION NO GUARANTY OF TIMELY OR SUCCESSFUL PERFORMANCE CAN BE OR HAS BEEN MADE. EXCEPT AS EXPRESSLY SET OUT IN THIS
AGREEMENT, NO REPRESENTATIONS OR WARRANTIES, EXPRESS, HAVE BEEN MADE. NO IMPLIED, OR STATUTORY, REPRESENTATIONS OR WARRANTIES, INCLUDING ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, APPLY TO SATELLITE DELIVERY SERVICES
PROVIDED HEREUNDER OR THE EQUIPMENT AND FACILITIES USED TO PROVIDE SATELLITE DELIVERY SERVICES. 
 9.2 Limitation of Liability. 
 (a) As a material condition of entering into this Agreement at the price specified herein, and in regard to any and all causes arising out of or relating
to this Agreement, including but not limited to claims of negligence, breach of contract or warranty, failure of a remedy to accomplish its essential purpose or otherwise, MSV Canada agrees that MSV LP’s entire liability shall not exceed, in
the aggregate, an amount equal to [***Redacted***]. The foregoing liability limitation shall not apply to claims based on the wilful misconduct by MSV LP. 
 (b) Each party agrees that in no event shall the other party, Affiliates of such other party, the Satellite Vendor, or the Launch Vendor be liable to the first party for any 

 
indirect, incidental, consequential, punitive, special or other similar damages (whether in contract, tort (including without limitation negligence), strict
liability or under any other theory of liability), including, but not limited to, loss of actual or anticipated revenues or profits, loss of business, customers or good will. 
 9.3 Indemnities in favor of MSV Canada under Satellite Construction Contract. MSV LP shall work cooperatively with MSV Canada and shall use commercially reasonable efforts to seek and obtain relief and recovery
from the Satellite Vendor on behalf of MSV Canada pursuant to any indemnities given by the Satellite Vendor in favor of MSV Canada. 
 10.
CONFIDENTIALITY AND NON-DISCLOSURE 
 10.1 Certain Information Regarding Satellite Delivery Services. Except as otherwise permitted
hereunder and for disclosures required by a court or Governmental Entity, each party hereby agrees not to disclose to third parties (without the prior written consent of the other party) the material terms and conditions of this Agreement (including
but not limited to the prices, payment terms and schedules), and all information provided to MSV LP and MSV Canada related to the design and performance characteristics of the MSV-2 Satellite, and any subsystems or components thereof.
Notwithstanding the foregoing, MSV LP may disclose the MSV-2 Performance Specifications to its third party vendors, contractors, and those providing services relating to the MSV-2 Satellite and to its customers. In addition, disclosure, on a need to
know and confidential basis, either party is permitted, subject to the restrictions of the Satellite Construction Contract, to its principals, auditors, attorneys, investors, lenders, insurance agents, underwriters, brokers, providers of satellite
operational services, and proposed and actual successors in interest. 
 10.2 Proprietary Information. 
 (a) To the extent that either party discloses to the other any other information which it considers proprietary or which is proprietary information of a
third party, in written or tangible form, said party shall identify such information as proprietary when disclosing it to the other party by marking it clearly and conspicuously as proprietary information. Any proprietary disclosure to either party,
if made orally, shall be identified as proprietary information at the time of disclosure, if the disclosing party wishes to keep such information proprietary under this Agreement. Any such information disclosed under this Agreement shall be used by
the recipient thereof only in its performance under this Agreement. 
 (b) Neither party shall be liable for the inadvertent or accidental
disclosure of such information marked as proprietary, if such disclosure occurs despite the exercising of the same degree of care as the receiving party normally takes to preserve and safeguard its own proprietary information (but not less than
reasonable care) or if such information (a) is or becomes lawfully available to the public from a source other than the receiving party before or during the period of this Agreement, (b) is released in writing by the disclosing party
without restrictions, (c) is lawfully obtained by the receiving party from a third party or parties without obligation of confidentiality, (d) is lawfully known by the receiving party prior to such disclosure and is not subject to any
confidentiality obligations, or (e) is at any time lawfully developed by the receiving party completely independently of any such disclosure or disclosures from the disclosing party. 

 (c) In addition, neither party shall be liable for the disclosure of any proprietary information which it
receives under this Agreement pursuant to judicial action or decree, or pursuant to any requirement of any Governmental Entity or any agency or department thereof, having jurisdiction over such party, provided that in the reasonable opinion of
counsel for such party such disclosure is required, and provided further that such party, to the extent reasonably practical, shall have given the other party notice prior to such disclosure. 
 10.3 Survival. The provisions of this Section 10 are in addition to, and not in lieu of, any agreements of the parties regarding confidentiality executed by
the parties on or before the date hereof and shall survive expiration or termination of this Agreement indefinitely. 
 11. TERMINATION

 11.1 Termination Rights. Either party may terminate this Agreement prior to the transfer of title to the MSV-2 Satellite to MSV Canada, by
giving the other party written notice thereof in the event: 
 (a) the other party materially breaches this Agreement and fails to cure
such breach within thirty (30) days after receipt of written notice thereof (except that, (i) if the breaching party fails to pay amounts due hereunder, such cure period shall be reduced to twenty (20) days for the second and
subsequent failures to pay in any one calendar year, and (ii) in the case of a non-payment breach, if the nature of the breach does not reasonably allow a cure within thirty (30) days, if a party commences cure activities within thirty
(30) days, it shall be allowed up to ninety (90) days to complete the cure if reasonably required under the circumstances); 
 (b) the other party becomes insolvent or the subject of insolvency proceedings, including without limitation if the other party is judicially declared insolvent or bankrupt, or if any assignment is made of the other party’s
property for the benefit of its creditors or if a receiver, conservator, trustee in bankruptcy or other similar officer is appointed by a court of competent jurisdiction to take charge of all or any substantial part of the other party’s
property, or if a petition is filed by or against the other party under any provision of the Bankruptcy Act (Canada) or Bankruptcy Code (U.S.) now or hereafter enacted, and such proceeding is not dismissed within sixty (60) days after
filing, or if a petition is filed by the other party under any provision of the Bankruptcy Act (Canada) or the Bankruptcy Code (U.S.) now or hereinafter enacted; or 
 (c) there is a Total Loss of the MSV-2 Satellite unless MSV Canada proceeds with a Replacement Satellite as contemplated in the Capacity Lease Agreement. 
 (d) For the avoidance of doubt, MSV LP shall not be in breach of this Agreement for any failure or delay in performance by MSV LP’s vendors,
subject to MSV LP’s obligation to use commercially reasonable efforts to perform Program Management in connection therewith. 

 11.2 Survival. The provisions of Sections 8, 9, 10, and 13 hereof shall survive the termination of this Agreement
indefinitely. 
 12. DISPUTE RESOLUTION 
 12.1
Best Efforts to Settle Disputes. In the event of any dispute, claim, question or difference arising out of or relating to this Agreement or any breach hereof, the parties hereto shall use reasonable efforts to settle such dispute, claim,
question or difference. To give effect to the foregoing the parties shall consult and negotiate with each other, in good faith and understanding of their mutual interests, to reach a just and equitable solution satisfactory to all parties.

 12.2 Mediation. If a dispute arising out of this Agreement cannot be settled amicably through negotiation, then the parties agree that either party
may submit the dispute to mediation upon written notice to the other party. The cost of mediation shall be borne equally by the parties. 
 12.3
Arbitration. Any controversy or claim arising out of or relating to this Agreement, or the breach, termination or validity thereof, which is not resolved pursuant to Sections 12.1 or 12.2 hereof, shall be determined by binding arbitration
administered by the American Arbitration Association in accordance with its then-current Commercial Arbitration Rules and Supplementary Procedures for Large, Complex Disputes, and judgment on the award rendered by the arbitrators may be entered in
any court having jurisdiction thereof. The number of arbitrators shall be three (3). Within fifteen (15) days after the commencement of arbitration, each party shall select one (1) person to act as an arbitrator and the two
(2) selected shall select a third arbitrator within ten (10) days of their appointment. If the arbitrators selected by the parties are unable or fail to agree upon a third arbitrator within twenty (20) days after the commencement of
the arbitration, the third arbitrator shall be selected by the American Arbitration Association. The place of arbitration shall be New York City, New York USA. The language of the arbitration shall be English. The arbitrators shall have no authority
to award punitive or other damages not measured by the prevailing party’s actual damages. In furtherance and without limitation of the foregoing, the arbitrators shall not award consequential damages in any arbitration initiated under this
Section 12.3. The arbitrators shall award to the prevailing party, in addition to any other money damages awarded, its reasonable costs, including reasonable attorneys’ fees, in successfully bringing or defending against such arbitration.
The award of the arbitrators shall be in writing, shall be signed by a majority of the arbitrators, and shall be accompanied by a reasoned opinion, including findings of fact, the reasons for the disposition of each claim, and a breakdown of any
monetary award as to specific claims (if applicable). Except as may be required by law, neither a party nor an arbitrator may disclose the existence, content, or results of any arbitration hereunder without the prior written consent of both parties.
Notwithstanding the foregoing, the request by either party for equitable relief, including without limitation preliminary or permanent injunctive relief, shall not be subject to arbitration under this Section 12.3, and may be adjudicated before
any court of competent jurisdiction. 

 13. GENERAL PROVISIONS 
 13.1 Restrictions on Authority. Neither party shall have the legal right or authority to bind the other party, nor to make any representation, promise or agreement in the name of or on account of the other party. Nothing in this
Agreement shall be construed as constituting one party as an agent of the other party. 
 13.2 Force Majeure. If a Force Majeure Event under this
Agreement has occurred and is continuing, then the performance obligations of the party directly affected by such Force Majeure Event under this Agreement shall be tolled for the duration of such Force Majeure Event and such party shall not be
liable to the other by reason of any delay or failure in performance of this Agreement which arises out of such Force Majeure Event; provided that the party directly affected by such Force Majeure Event shall promptly take and continue to take all
reasonable actions to abate such Force Majeure Event as soon as possible. If a payment is made late as a result of a Force Majeure Event (e.g., unscheduled closure of the banking settlement system), then interest at 30-day LIBOR shall be compounded
monthly and paid from the due date until the date actually paid. A “Force Majeure Event” means acts of God, acts of the other party, acts of government authority, strikes or other labour disturbances, or any other cause beyond the
reasonable control of that party, including, without limitation, any failure or delay. 
 13.3 No Implied Licence. Except to the extent that the MSV-2
Satellite and associated equipment are to be delivered so as to allow them to be used for their intended purpose, or as otherwise set forth to the contrary in this Agreement, the provision of services or the conveying of any information under this
Agreement shall not convey any licence by implication, estoppel or otherwise, under any patents or other intellectual property rights of MSV LP or MSV Canada, and their Affiliates, contractors and vendors (including Satellite Vendor). 
 13.4 Consents, Approvals. Wherever in this Agreement the action of one party shall be subject to the approval or consent of the other party, such consent or
approval shall not be unreasonably withheld, conditioned, or delayed. 
 13.5 Intended Third Party Beneficiary; No Third-Party Rights; No Fiduciary
Relationship. This Agreement does not, is not intended to, and shall not be deemed or construed by the parties or by any third party to confer any enforceable rights or remedies on, or create any obligations or interests in, any person other
than the signatories to this Agreement; or to create the relationship of principal and agent, partnership or joint venture or any other fiduciary relationship or association among the signatories to this Agreement. 
 13.6 No Waiver; Remedies Cumulative. No waiver, alteration, or modification of any of the terms of this Agreement will be binding unless in writing and signed by
all parties. All remedies and rights hereunder and those available in law or in equity shall be cumulative and the exercise by a party of any such right or remedy shall not preclude the exercise of any other right or remedy available under this
Agreement in law or in equity. 
  

 13.7 Costs and Legal Fees. In any action brought with respect to this Agreement by one party hereto against the
other party hereto, in addition to any other money damages awarded by a court of competent jurisdiction, the prevailing party shall be entitled to recover from the other party its reasonable costs, including reasonable legal fees, in successfully
bringing or defending against such action. 
 13.8 Governing Law and Exclusive Jurisdiction. This Agreement shall be governed by and interpreted in
accordance with the laws of the State of New York and the laws of the United States of America applicable therein, without giving effect to conflict of law principles. 
 13.9 Specific Performance. Each party recognizes that any material breach of the terms of this Agreement would give rise to irreparable harm to the other party for which money damages would not be an adequate
remedy, and accordingly agrees that, any term of this Agreement to the contrary notwithstanding, in addition to all other remedies available to it, each party shall be entitled to enforce the terms of this Agreement by a decree of specific
performance against the other party, in each case without the necessity of proving the inadequacy of money damages. Such remedy shall not be deemed the exclusive remedy for breach of this Agreement, but shall be in addition to all other remedies
that a party may have at law, in equity, under contract or otherwise. 
 13.10 Headings; Severability. All titles and headings in this Agreement are
for reference purposes only; they will not affect the meaning or construction of the terms of this Agreement. If any part or parts of this Agreement are held to be invalid, the remaining parts of the Agreement will continue to be valid and
enforceable. 
 13.11 Assignment. Any assignment or transfer of any rights or obligations in whole or in part under this Agreement by MSV Canada or MSV
LP is subject to the prior written approval of the other, which approval may be unreasonably denied or withheld. 
 13.12 Publicity. Neither party
shall in any way or in any form publicize or advertise in any manner this Agreement or the Satellite Delivery Services to be provided pursuant to this Agreement without the express written approval (which shall not be unreasonably withheld,
conditioned or delayed) of the other party, obtained in advance, for each item of advertising or publicity. The foregoing prohibition shall include but not be limited to news releases, letters, correspondence, literature, promotional materials or
displays of any nature or form. Each request for approval hereunder shall be submitted in writing to the representative designated in writing; and approval, in each instance, shall be effective only if in writing and signed by said representative.
Nothing herein shall prevent either party from providing Industry Canada, or any other Governmental Entity, information concerning this Agreement as required by law or in response to a request for information by such Governmental Entity, provided
that the party providing such information shall have given the other party notice, to the extent reasonably practical, prior to such disclosure. 
 13.13
Currency. All monetary amounts in this Agreement are expressed in U.S. dollars and shall be paid in U.S. dollars. 

 13.14 Notices. Any notice required or permitted to be given hereunder shall be in writing and shall be sent by
facsimile transmission, or by first class certified mail, postage prepaid, or by overnight courier service, charges prepaid, to the party to be notified, addressed to such party at the address set forth below, or sent by facsimile to the fax number
set forth below, or such other address or fax number as such party may have substituted by written notice to the other party. The sending of such notice with confirmation of receipt thereof (in the case of facsimile transmission) or receipt of such
notice (in the case of delivery by mail or by overnight courier service) shall constitute the giving thereof. 
 If to be
given to MSV LP: 
 10802 Parkridge Blvd. 
 Reston VA, 20191-4334 
 Attention: Sr. Vice- President, General Counsel 
 If to be given to MSV Canada: 
 1601 Telesat Court 
 Ottawa, ON K1B 2B9 
 Attention: Corporate Secretary 
 13.15 Entire Agreement. This Agreement contains the entire and exclusive understanding between the parties concerning the subject matter hereof and supersedes all prior communications and understandings between
them relative to the subject matter hereof. To the extent that any Attachment may be inconsistent with the text of the Agreement, the text of the Agreement shall control. 
 13.16 Agreement Binding. This Agreement shall be binding upon and shall enure to the benefit of MSV Canada and MSV LP and their respective successors and permitted assigns. 
 13.17 Further Assurances. The parties agree to execute all further documents and perform such further acts as may reasonably be required to effect the purpose and
intent of this Agreement and to carry out its provisions. 
 13.18 Covenant of Good Faith. Each party agrees that, in respect to dealings with the
other party under or in connection with this Agreement, it shall act in good faith. 
 13.19 Export Compliance. 
 (a) The parties acknowledge that MSV LP is a U.S. company, MSV Canada is a Canadian company, and Satellite Vendor is a U.S. company. Information,
goods, and services exchanged under this Agreement may be subject to U.S. export control laws and regulations, such as the ITAR or the EAR as well as to Canadian export control laws and regulations, including the Defence Production Act. The
parties agree that, notwithstanding any other provision of this Agreement that may be to the contrary, information, goods and services subject to such export control laws and regulations shall not be delivered, disclosed or transferred to a third
party in any manner without 

  

 
complying with all applicable U.S. or Canadian export control laws and regulations. MSV Canada acknowledges and agrees that the obligations of MSV LP to
provide information, goods and services to MSV Canada pursuant to this Agreement or in the course of providing the Satellite Delivery Services hereunder, shall be subject, at all times, to strict compliance by MSV LP and MSV Canada with such U.S.
export control laws and regulations. 
 (b) MSV LP and MSV Canada shall collaborate in developing and executing the appropriate
requests for information in such a manner so as to allow MSV Canada the maximum legally-compliant access to such information. To this end, MSV LP shall timely apply for and use reasonable and diligent efforts to obtain, and/or give directions to the
Satellite Vendor to timely apply for and obtain, all governmental approvals that are required in order to ensure that MSV Canada can receive the MSV-2 Satellite and the MSV-2 Deliverables in accordance with this Agreement, and that MSV Canada at all
times (for clarity, during development and construction of the MSV-2 Satellite and during the useful life of the MSV-2 Satellite), is provided with the maximum legally-compliant access to all information pertaining to the MSV-2 Satellite and the
MSV-2 Deliverables. MSV Canada shall use commercially reasonable efforts to assist MSV LP in the preparation and prosecution of any applications for such approvals. MSV LP shall at all times use reasonable and diligent efforts to give effect to the
intent of this provision and to ensure that MSV Canada is provided with all relevant information relating to the design, development, construction and operation of the MSV-2 Satellite and the MSV-2 Deliverables to the fullest extent possible under
applicable export control laws and regulations thereunder. 
 14. CONDITION TO EFFECTIVENESS 
 14.1 Consents and Authorizations. This Agreement shall not become effective unless and until U.S. State Department authorizations, including U.S. Congressional
certification as required under U.S. International Trade in Arms Regulations (“ITAR”) Section 123.15, to permit the license to export the MSV-2 Satellite and the ITAR-controlled MSV-2 Deliverables to MSV Canada. 

[Remainder of page intentionally left blank. Next page is the signature page.] 

 IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the Effective Date. 
  

			
	MOBILE SATELLITE VENTURES (CANADA)
INC.
		
	By:	 	 /s/ Elizabeth Creary

	Name:	 	Elizabeth Creary
	Title:	 	Secretary

  

			
	 MOBILE SATELLITE VENTURES LP, By
 Mobile
Satellite Ventures GP Inc., its General
Partner

		
	By:	 	 /s/ Randy Segal

	Name:	 	Randy Segal
	Title:	 	Senior Vice President & General Counsel

 [Signature page to Satellite Delivery Agreement.]Capacity Lease Agreement, dated February 26, 2001

 Exhibit 10.57 
 MOBILE SATELLITE VENTURES (CANADA) INC. 
 - and – 
 3051361 NOVA SCOTIA UNLIMITED LIABILITY COMPANY 
  

 CAPACITY LEASE AGREEMENT 
 November 26, 2001 
  

 Osler, Hoskin & Harcourt LLP 

							
	ARTICLE 1
		 	DEFINITIONS AND PRINCIPLES OF INTERPRETATION	  	1
		 	1.1        Definitions	  	1
		 	1.2        Obligation to Act in Good Faith	  	4
		 	1.3        Headings	  	4
		 	1.4        Schedules	  	4
		 	1.5        Consent	  	5
		 	1.6        Calculation of Time	  	5
		 	1.7        Business Day	  	5
		 	1.8        Obligations as Covenants	  	5
	
	ARTICLE 2
		 	DEMISE AND LEASE	  	5
		 	2.1        Demise of the Balance	  	5
	
	ARTICLE 3
		 	CONSIDERATION	  	6
		 	3.1        Consideration	  	6
		 	3.2        Payment of Lease Payments	  	6
		 	3.3        Adjustments to Lease Payments	  	6
		 	3.4        Sales Taxes	  	7
	
	ARTICLE 4
		 	THE SATELLITE SYSTEM	  	7
		 	4.1        Ownership of the Spectrum Capacity and the Satellite System	  	7
		 	4.2        Maintenance and Operation of the Satellite System	  	8
		 	4.3        Comply with All Laws	  	9
	
	ARTICLE 5
		 	EXTENSIONS AND EXPANSIONS TO EXISTING SATELLITE SYSTEM	  	9
		 	5.1        Extensions to Existing Satellite System	  	9
		 	5.2        Lease Supplements	  	10
	
	ARTICLE 6
		 	NEXT GENERATION SATELLITE SYSTEM	  	10
		 	6.1        Next Generation Satellite System	  	10
	
	ARTICLE 7
		 	NEW SERVICES	  	11
		 	7.1        New Services	  	11
	
	ARTICLE 8
		 	RELATIONSHIP TO END USERS	  	12
		 	8.1        Obligations to End Users	  	12
	
	ARTICLE 9
		 	INDEMNITY AND LIMITATION OF LIABILITY	  	12

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	Page
	 9.1        Indemnity
	  	12
	 9.2        No Consequential or Special Damages
	  	13
		
	ARTICLE 10	  	
	 REPAIRS
	  	13
	 10.1     Newco’s Repairs
	  	13
	 10.2     Canadian License Co.’s Repairs
	  	13
	 10.3     Newco may Inspect State of Repair
	  	13
	 10.4     Notify Canadian License Co. of Any Damage
	  	13
		
	ARTICLE 11	  	
	 MARKS
	  	14
	 11.1     Parties’ Interest In Marks
	  	14
		
	ARTICLE 12	  	
	 REPRESENTATIONS AND WARRANTIES
	  	14
	 12.1     Representations and Warranties of Canadian License Co.
	  	14
	 12.2     Representations and Warranties of Newco
	  	15
		
	ARTICLE 13	  	
	 COVENANTS
	  	16
	 13.1     Covenants of Canadian License Co.
	  	16
	 13.2     Covenants of Newco
	  	16
	 13.3     Additional Covenants Regarding the Satellite System
	  	17
		
	ARTICLE 14	  	
	 TERM AND TERMINATION
	  	17
	 14.1     Term
	  	17
	 14.2     Extension Term
	  	17
	 14.3     Termination
	  	17
	 14.4     Acknowledgement by Canadian License Co.
	  	18
	 14.5     Survival of Obligations
	  	19
		
	ARTICLE 15	  	
	 PUBLICITY AND ADVERTISING
	  	19
	 15.1     Prior Approval of Other Party
	  	19
	 15.2     Parties’ Right to Approval
	  	19
		
	ARTICLE 16	  	
	 DELIVERY OF INFORMATION
	  	19
	 16.1     Notice of Certain Events
	  	19
		
	ARTICLE 17	  	
	 UNAVOIDABLE DELAYS
	  	20

  

 -ii- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	Page
	 17.1     Unavoidable Delays
	  	20
		
	ARTICLE 18	  	
	 GENERAL
	  	21
	 18.1     Notices
	  	21
	 18.2     Time of the Essence
	  	21
	 18.3     Assignment
	  	22
	 18.4     Successors and Assigns
	  	22
	 18.5     Further Assurances
	  	22
	 18.6     Governing Law
	  	22
	 18.7     Severability
	  	23
	 18.8     Currency
	  	23
	 18.9     Confidentiality
	  	23
	 18.10   Rights and Remedies
	  	23
	 18.11   Counterparts
	  	24

  

 - iii - 

 CAPACITY LEASE AGREEMENT 
 THIS LEASE AGREEMENT dated as of November 26, 2001 
 BETWEEN: 
 MOBILE SATELLITE VENTURES (CANADA) INC., a corporation incorporated under the laws of Ontario 
 (“Canadian License Co.”) 
 - and- 
 3051361 NOVA SCOTIA UNLIMITED LIABILITY COMPANY, an unlimited liability company governed by
the laws of Nova Scotia 
 (“Newco”) 
 RECITALS: 
  

	A.	Canadian License Co. owns and operates a Canadian mobile satellite system; and 

  

	B.	Canadian License Co. agrees, subject to the terms and conditions of this Lease, to lease to Newco the balance of the satellite capacity and the right to use the spectrum capacity
associated with Canadian License Co.’s mobile satellite system that is not utilized by Canadian License Co. for the purposes of fulfilling its existing contractual obligations to the Government of Canada and the terms and conditions of its
spectrum licenses and orbital authorizations. 

 THEREFORE in consideration of the mutual covenants contained herein the
Parties agree as follows: 
 ARTICLE 1 
 DEFINITIONS AND PRINCIPLES OF INTERPRETATION 
  

	1.1	Definitions 

 In this Lease, the following words and terms shall
have the meanings set out below: 
 “Authorizations” means any of the Spectrum Licenses, the satellite orbital slot(s)
authorizations granted by Industry Canada to Canadian License Co., and such other approvals as are either currently held or required to be held by Canadian License Co. in order to conduct its business and to operate the Satellite System. 

 “Balance” means the right to use that portion of the Spectrum Capacity and Satellite
Capacity which is not utilized by Canadian License Co. for the purposes of fulfilling its Other Obligations. 
 “Business
Day” means a day, other than a Saturday or Sunday, on which the principal commercial banks located at the City of New York, New York are open for business during normal banking hours. 
 “Effective Date” means the date this Lease is made between the Parties. 
 “Encumbrances” means any charge, lien, interest or encumbrance of whatsoever nature or kind. 
 “End User” means an individual or entity purchasing radiocommunication services (including satellite services) from Newco. 
 “Existing Satellite System” means the Facilities, the Unowned Assets, and the Underlying Rights, all of which are held by Canadian
License Co. and includes any expansion, extension, alteration, reconfiguration or reduction of such system, but does not include any Next Generation Satellite System. 
 “Extension Term” has the meaning set out in Section 14.2 of this Agreement. 
 “Facilities” means the radio apparatus, switches, satellite(s), satellite equipment, service and feeder links, L- Band transceiver equipment, transponder and any other equipment, including portions of any of the foregoing
that form a part of the Existing Satellite System or the Next Generation Satellite System, as the case may be. 
 “Government of
Canada” means Her Majesty the Queen in Right of Canada. 
 “Indemnifying Party” has the meaning set out in
Section 9.1 of this Agreement. 
 “Industry Canada” means the agency of the federal government of Canada which, among
other things, issues licenses for the use of radio frequency spectrum in Canada, or successor agency or department thereto. 
 “Lease” means this Lease including all Schedules attached to this Lease, all as amended from time to time pursuant hereto. 
 “Lease Payments” has the meaning set out in Section 3.1 of this Lease. 
  

 - 2 - 

 “Lease Supplement” means an agreement entered into by the Parties pursuant to the terms
of Section 5.2 of this Lease. 
 “Marks” means all service marks, trademarks, and trade names used by a Party on or in
connection with the provision of service under this Lease or in the provision of services (including satellite services) either domestically or internationally. 
 “Next Generation Satellite System” means the Facilities, the Unowned Assets, and the Underlying Rights held by Canadian License Co. in any future satellite system in which Canadian License Co.
acquires an interest. 
 “New Services” has the meaning set out in Section 7.1 of this Agreement. 
 “Notice” has the meaning set out in Section 18.1 of this Agreement. 
 “Other Obligations” means the obligations which Canadian License Co. must fulfil at the Effective Date in relation to its Government
Telecommunications and Information Services contract with the Government of Canada and, during the Term of the lease, in relation to: 1) the terms and conditions of its Authorizations; and 2) any Canadian end-user customers who, regardless of where
such customers are located in Canada, have been unable to obtain services from Newco on non-discriminatory terms and conditions that are customary within the industry. 
 “Parties” means Canadian License Co. and Newco, and “Party” means any one of them. 
 “Rights” has the meaning set out in Section 13.1 of this Lease. 
 “Satellite Capacity” means
the current satellite capacity of Canadian License Co.’s Existing Satellite System or any future capacity of any Next Generation Satellite System in which Canadian License Co. acquires an interest, as the case may be. 
 “Satellite System” means the Existing Satellite System and any Next Generation Satellite System in which Canadian License Co. acquires an
interest. 
 “Specifications” means the design, specifications and operating parameters for the Existing Satellite System as
more particularly set out in Schedule “A”, and the Next Generation Satellite System, as may be set out in Schedules from time to time. 
 “Spectrum Capacity” means the current radio spectrum that has been granted by Authorization to Canadian License Co. by Industry Canada for use in conjunction with the Existing Satellite System and any radio spectrum that
may be granted by Authorization to Canadian License Co. by Industry Canada in the future for use in conjunction with Canadian License Co’s Existing Satellite System, or in conjunction with any Next Generation Satellite System in which Canadian
License Co. acquires an interest, as the case may be. 
  

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 “Spectrum Licenses” means the radio spectrum granted by Industry Canada to Canadian
License Co. from time to time. 
 “Term” is as defined in Section 14.1 of this Lease. 
 “Underlying Rights” means all interconnection agreements, building access agreements, roof-top leases, easements, leases, licenses of
occupation, rights-of-way, permits or other similar rights held, owned or acquired, or which shall be held, owned or acquired, by Canadian License Co. from third parties with respect to the Spectrum Licenses in the Existing Satellite System or the
Next Generation Satellite System, as the case may be. 
 “Unowned Assets” means all equipment and other infrastructure
related thereto which are not owned by Canadian License Co. but in respect of which Canadian License Co. acquires rights from time to time in connection with the Spectrum Licenses in the Existing Satellite System or the Next Generation Satellite
System, as the case may be. 
  

	1.2	Obligation to Act in Good Faith 

 Newco and Canadian
License Co. acknowledge and agree that they will act in good faith in carrying out the spirit and intent of this Lease and will do all things and take all steps as may reasonably be required to give effect to their obligations under this Lease.

  

	1.3	Headings 

 Article and section headings are inserted
for convenience of reference only and are not to be considered part of the actual terms of this Lease. 
  

	1.4	Schedules 

 The Schedules to this Lease, as listed
below, are an integral part of this Lease. The Parties agree that Schedules may be added from time to time and each new Schedule shall be incorporated into, and form an integral part of, this Lease. 
 Schedule “A” - Specifications. 
  

	1.5	Consent 

 Whenever a provision of this Lease
requires an approval or consent by a Party and notification of such approval or consent is not delivered within the applicable time limit, then, unless otherwise specified, the Party whose consent or approval is required shall be conclusively deemed
to have withheld its consent or approval. 
  

 - 4 - 

	1.6	Calculation of Time 

 Unless otherwise specified,
time periods within or following which any payment is to be made or any act is to be done shall be calculated by excluding the day on which the period commences and including the day which ends the period and by extending the period to the next
Business Day following if the last day of the period is not a Business Day. 
  

	1.7	Business Day 

 Whenever any payment to be made or
any action to be taken under this Lease is required to be made or taken on a day other than a Business Day, such payment shall be made or action shall be taken on the next Business Day following. 
  

	1.8	Obligations as Covenants 

 Any obligation of a Party
to this Lease is deemed to be a covenant of that Party. 
 ARTICLE 2 
 DEMISE AND LEASE 
  

	2.1	Demise of the Balance 

  

	 	(a)	For the Term and subject to the provisions of this Lease, Canadian License Co. hereby demises and leases unto Newco, and Newco hereby leases from Canadian License Co., such amount
of the Balance as Newco may request from time to time. For greater certainty, the Parties agree that Canadian License Co. shall be able to provide the entire Balance, if requested. 

  

	 	(b)	The Parties acknowledge that appurtenant to the leasehold rights granted to Newco in respect of the Balance pursuant to Section 2.1(a) of this Lease, Newco shall enjoy and have the
benefit of all rights to use the Satellite System for purposes of resale subject to the terms and conditions of this Lease. The Parties further acknowledge that such rights to use the Satellite System are integral to, and an absolute requirement in
connection with, Newco’s use and enjoyment of the Balance. Therefore, Canadian License Co. shall use reasonable commercial efforts to obtain, maintain, maximize, renew, expand and apply for all Authorizations, licenses and approvals necessary
to ensure that it will, at all times, have the ability and capability to lease to Newco the Balance. In addition, Canadian License Co. shall not take (or omit to take) any actions in respect of the Satellite System which will or may adversely affect
Newco’s existing or planned use of the Balance directly or indirectly, including, but not limited to, any act or omission that may adversely affect Newco’s use of the Underlying Rights or the Unowned Assets. 

  

 - 5 - 

	 	(c)	Newco shall be entitled to use the Balance for any lawful purpose. Any resale of the Balance by Newco to provide services in Canada shall be subject to and comply with applicable
regulatory requirements and laws of Canada. 

 ARTICLE 3 
 CONSIDERATION 
  

	3.1	Consideration 

 In consideration for this Lease of
the Balance and access to and use of the Satellite System and the other rights granted by Canadian License Co. to Newco herein, Newco agrees to make lease payments (the “Lease Payments”) to Canadian License Co. in an amount to be set by
the Parties from time to time based on a number of factors, including the proportion of the Balance utilized by Newco, the fair market value of the Balance as determined on an arm’s length basis which the Parties agree shall be equal to no more
than cost plus a reasonable margin, not to exceed ten per cent (10%), or any other rights granted by Canadian License Co. to Newco under this Lease. 
  

	3.2	Payment of Lease Payments 

 The Lease Payments shall
be payable by Newco in advance on the first Business Day of January, April, July and October in each year. Newco shall have the right to set off any Lease Payments payable hereunder against any amounts as may be owed to Newco by Canadian License Co.

  

	3.3	Adjustments to Lease Payments 

  

	 	(a)	In the event that the Balance, or access to and use of the Satellite System or any other rights granted by Canadian License Co. under this Lease are reduced, the Lease Payments
payable by Newco shall be reduced proportionately by such amounts as the Parties shall agree at the time of the reduction, and a rebate paid to Newco by Canadian License Co. if applicable. 

  

	 	(b)	In the event that Canadian License Co. extends or expands the Existing Satellite System in accordance with the provisions of Article 5 of this Lease, the Lease Payments shall be
adjusted by such amounts as the Parties shall agree upon at the time to reflect the cost of providing any additional Spectrum Capacity and Satellite Capacity. 

  

	 	(c)	In the event that New Services are established in accordance with the provisions of Article 7 of this Lease, the Lease Payments shall be adjusted by such amounts as the Parties
shall agree upon at the time to reflect the cost of providing any New Services. 

  

 - 6 - 

	 	(d)	In the event that a Next Generation Satellite System is established in accordance with the provisions of Article 6, then payment for any Spectrum Capacity and Satellite Capacity
relating to such Next Generation Satellite System shall be as provided in Article 6. 

  

	3.4	Sales Taxes 

 In addition to the Lease Payments,
Newco shall pay all sales taxes payable in connection with this Lease. 
 ARTICLE 4 
 THE SATELLITE SYSTEM 
  

	4.1	Ownership of the Spectrum Capacity and the Satellite System 

 The Parties acknowledge and agree that as and between themselves: 
  

	 	(a)	the Spectrum Capacity, including the Balance, and the Satellite System shall at all times remain the property of Canadian License Co.; 

  

	 	(b)	this Lease does not convey to Newco ownership of the spectrum associated with the Balance of the Spectrum Capacity or the Satellite System; and 

  

	 	(c)	nothing in this Lease is intended to diminish or restrict Canadian License Co.’s obligations as a holder of Authorizations from Industry Canada and both Parties desire that the
Lease be compliant with all applicable laws, regulations and Canadian License Co.’s Other Obligations. Any term of this Lease that would otherwise violate such laws, regulations or Other Obligations shall be deemed amended and modified to the
full extent required to comply with such requirements, while preserving to the greatest extent practicable the benefits intended to be conveyed to the Parties hereunder, and the Parties will document such amendments and modifications by written
amendment, unless the same would cause Newco substantial direct economic or regulatory harm in which case Newco shall be entitled to terminate this Lease. 

  

	4.2	Maintenance and Operation of the Satellite System 

  

	 	(a)	 Throughout the Term, Canadian License Co. shall use reasonable commercial efforts to maintain, repair, expand, and replace, if necessary, the Satellite System,
including the Next Generation Satellite System, in accordance with the Specifications and industry standards. Unless otherwise agreed to by Newco, Canadian License Co. shall provide the Balance exclusively by means of Facilities operated and
controlled by Canadian License Co. In the event that Canadian License Co. subcontracts for maintenance and repair services, Canadian License Co. shall consult with Newco in advance of entering into any such 

  

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subcontract in order that Newco may satisfy itself that the subcontractor will meet maintenance and repair standards for the Satellite System which will be
at least as high as those standards set forth in the Specifications. 

  

	 	(b)	The Parties shall co-operate in good faith in planning the design and construction of expansions, extensions and modifications, to the Existing Satellite System and in planning the
design and construction of any Next Generation Satellite System in which Canadian License Co. will acquire an interest. Not less frequently than quarterly, Canadian License Co. and Newco shall meet to evaluate Canadian License Co.’s
construction plans and network design and consider Newco’s requirements. 

  

	 	(c)	In carrying out any frequency co-ordination activities, Canadian License Co. shall coordinate with Newco in order to ensure that Newco’s requirements for the Balance are taken
into account. 

  

	 	(d)	Without limiting the generality of the foregoing, Canadian License Co. will afford Newco a reasonable opportunity to evaluate the performance capabilities of the Satellite System at
all times during the term of this Lease. Evaluation of the Satellite System may include, without limitation: physical evaluations and visual inspections of the Facilities; assessments of Canadian License Co.’s processes and systems; and tests
of the Satellite System’s overall performance capabilities. These evaluations may be used by Newco to determine Canadian License Co.’s compliance with the Specifications for the Satellite System. Without limiting the generality of the
foregoing, Canadian License Co. will at no additional cost to Newco make such changes in the Satellite System as may be reasonably requested from time to time by Newco (including pointing and reconfiguring the Satellite System) in order to improve
the Satellite System’s overall performance or to cause it to perform in a manner more consistent with the requirements of End Users; provided, however, that such changes will not interfere with the ability of Canadian License Co. to carry out
its Other Obligations. 

  

	4.3	Comply with All Laws 

  

	 	(a)	Canadian License Co. shall, at its expense and provided it is not otherwise prohibited from doing so because of the acts or omissions of third parties, promptly comply with and
conform to the requirements of every applicable statute, law, by-law, regulation, ordinance and order at any time or from time to time in force during the Term affecting the Satellite Capacity, the Spectrum Capacity, and the Satellite System other
than those matters which are the obligation of Newco. 

  

	 	(b)	Newco shall, at its expense and provided it is not otherwise prohibited from doing so because of the acts or omissions of third parties, promptly comply with and conform to the
requirements of every applicable statute, law, by-law, regulation, ordinance and order at any time or from time to time in force during the Term affecting Newco’s use of the Balance or the Satellite System. 

  

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 ARTICLE 5 
 EXTENSIONS AND EXPANSIONS TO EXISTING SATELLITE SYSTEM 
  

	5.1	Extensions to Existing Satellite System 

  

	 	(a)	At any time during the Term, Newco shall have the right to request that Canadian License Co. extend or expand the Existing Satellite System as described in the request, and Canadian
License Co., upon receipt of the request, shall consider the request and provide a written response to Newco within ten Business Days (10) days of its receipt of the request, in recognition of Newco’s requirement to respond expeditiously
to the demands of its own customers. Canadian License Co.’s response shall include an indication of the feasibility of and an estimate of the cost of the extension or expansion, and the time to complete the extension or expansion in question.
Upon receipt of Canadian License Co.’s response, Newco shall have the right to accept or reject Canadian License Co.’s response and, if it accepts such response, Newco shall pay the costs of the extension or expansion of the Existing
Satellite System. If accepted, Canadian License Co. shall, subject to obtaining any Authorizations or Rights required, proceed with the extension or expansion forthwith, and Newco and Canadian License Co. shall execute a Lease Supplement with
respect to the extension or expansion in accordance with the provisions of Section 5.2 hereof. 

  

	 	(b)	If at any time and from time to time during the Term, Canadian License Co. elects of its own accord to construct its own, or lease or license from a third party, an extension or
expansion of the Existing Satellite System, then Canadian License Co. shall immediately notify Newco in writing, and Newco shall, at any time thereafter during the Term hereof, have the option to acquire from Canadian License Co. a lease of such
extension or expansion for a term commencing on the date of execution of a Lease Supplement in accordance with the provisions of Section 5.2 hereof and ending on the termination of the Lease. 

  

	5.2	Lease Supplements 

  

	 	(a)	In the event Newco exercises its option to lease any additional Existing Satellite System extension or expansion, pursuant to Section 5.1 above, upon such exercise the Parties
shall execute a Lease Supplement adding to the Lease the Spectrum Capacity and Satellite Capacity acquired by Newco pursuant to this Article, and the provisions of this Lease shall thereupon apply to such additional Spectrum Capacity and Satellite
Capacity, mutatis mutandis; and 

  

 - 9 - 

	 	(b)	Newco shall compensate Canadian License Co. for the extension or expansion of the Existing Satellite System in accordance with the provisions of Section 3.3 hereof.

 ARTICLE 6 
 NEXT GENERATION SATELLITE SYSTEM 
  

	6.1	Next Generation Satellite System 

  

	 	(a)	If at any time during the Term, Canadian License Co. plans to construct a Next Generation Satellite System, it shall immediately notify Newco of such intention and shall consult
with Newco in order to ascertain Newco’s requirements in respect of any such Next Generation Satellite System. 

  

	 	(b)	In the event that Canadian License Co. constructs and launches a Next Generation Satellite System, Newco shall have the option to lease the Balance, or from time to time any portion
thereof, of the Satellite Capacity and the Spectrum Capacity of such Next Generation Satellite System. If Newco elects to exercise such option, it shall enter into a Lease Supplement with Canadian License Co. pursuant to Section 5.2 hereof. The
Lease Payments shall be adjusted to reflect the cost of providing such Spectrum Capacity and Satellite Capacity relating to the portion of such Next Generation Satellite System being leased by Newco in such amounts as the Parties shall agree upon in
good faith at the time. 

  

	 	(c)	If at any time during the Term, Newco elects of its own accord to construct and launch a Next Generation Satellite System, Newco shall on commercially reasonable terms offer to
lease or sell such portion of the Next Generation Satellite System as is, to the extent and only to the extent, necessary for Canadian License Co. to fulfil its Other Obligations and its obligations to Newco herein. Newco shall also provide power
and telemetry, tracking and control services to Canadian License Co. in relation to any Facilities that Canadian License Co. may be required to own or operate within such a Satellite System in order to fulfil its Other Obligations. With respect to
the Balance of Canadian License Co.’s Facilities within such Next Generation Satellite System, this Balance shall be demised and leased to Newco, by Canadian License Co. pursuant to a Lease Supplement in accordance with Section 5.2 hereof.
The Lease Payments shall be adjusted to reflect the cost to Canadian License Co. of providing the Balance of Canadian License Co.’s Facilities within such Next Generation Satellite System on such terms as the Parties shall agree upon in good
faith at the time. 

  

 - 10 - 

 ARTICLE 7 
 NEW SERVICES 
  

	7.1	New Services 

  

	 	(a)	Canadian License Co. recognises that from time to time Newco may seek to expand its service offerings by developing new applications and services (the “New Services”)
which utilize the Balance. Canadian License Co. agrees to assist Newco in developing, launching and implementing such New Services and to seek any Rights which are required for the provision of such New Services in accordance with
Section 12.1(c) hereof. 

  

	 	(b)	At any time during the Term, Newco shall have the right to request that Canadian License Co. modify, extend or expand the Existing Satellite System or the Next Generation Satellite
System in order to support the provision of New Services. Upon receipt of such a request, Canadian License Co. shall consider the request and provide a written response to Newco within ten (10) Business Days of its receipt of the request in
recognition of Newco’s requirement to respond expeditiously to the demands of its own customers. Canadian License Co.’s response shall include an assessment of the feasibility of the request, and an estimate of the cost to support the
modification, extension or expansion requested by Newco, and the time to complete any modifications, extensions or expansions to the Satellite System arising from the provision of such New Services. Upon receipt of Canadian License Co.’s
response, Newco shall have the right to accept or reject Canadian License Co.’s response and, if it accepts such response, Newco shall pay the costs of the modification, extension or expansion in question. If accepted, Canadian License Co.
shall, subject to obtaining any Authorizations or Rights in accordance with Section 13.1 hereof, proceed with the modification, extension or expansion forthwith, and Newco and Canadian License Co. shall execute a Lease Supplement with respect
to the modification, extension or expansion in accordance with the provisions of Section 5.2 hereof. 

  

	 	(c)	Newco shall compensate Canadian License Co. for the modification, extension or expansion contemplated in this Article in accordance with the provisions of Section 3.3 hereof.

 ARTICLE 8 
 RELATIONSHIP TO END USERS 
  

	8.1	Obligations to End Users 

  

	 	(a)	Subject to Canadian License Co.’s Other Obligations, End Users shall be in privity of contract with Newco, and not with Canadian License Co. Unless otherwise permitted by
Newco, Canadian License Co. shall refrain from any contact with Newco’s End Users and shall allow Newco to serve as the sole contact with End Users. 

  

 - 11 - 

	 	(b)	Canadian License Co. shall not be responsible to Newco or any End User for the installation, operation, quality of transmission or testing and maintenance of any End User equipment
unless Newco contracts with Canadian License Co. for Canadian License Co. to provide maintenance, warranty or installation of End User equipment at rates agreeable to Newco and Canadian License Co. 

  

	 	(c)	Newco shall investigate any and all complaints from its End Users relating to the Satellite System and will report any trouble with the Satellite System to Canadian License Co. only
upon reasonable verification that such trouble is due to reasons other than the misuse or malfunctioning of the End User’s equipment or the failure of such equipment to meet the technical standards for compatibility with the Satellite System.

  

	 	(d)	Newco is responsible for all customer care and billing to its End Users. 

 ARTICLE 9 
 INDEMNITY AND LIMITATION OF LIABILITY 
  

	9.1	Indemnity 

 Each Party (the “Indemnifying
Party”) shall indemnify and save harmless the other Party from and against all losses, claims, liabilities and costs suffered by such other Party arising out of: 
  

	 	(a)	the negligence or wilful misconduct of the Indemnifying Party in connection with the subject matter of this Lease; 

  

	 	(b)	any action or failure to act by the Indemnifying Party which results in a breach or default of any obligation specified in an Underlying Right; and 

  

	 	(c)	the breach of any term or obligation of the Indemnifying Party set out in this Lease 

 save and to the extent that the loss, claim, liability or cost suffered by the other Party was caused by the negligence or wilful misconduct of the other Party. 
  

	9.2	No Consequential or Special Damages 

 Notwithstanding anything to the contrary in this Lease, neither Party will be liable to the other for any indirect, incidental, special, punitive or consequential damages, including but not limited to, loss of profits, revenue or cost of
capital, or claims of contractors, suppliers or customers, whether foreseeable or not, arising out of any breach of this Lease or any other tort or other theory of liability. 
  

 - 12 - 

 ARTICLE 10 
 REPAIRS 
  

	10.1	Newco’s Repairs 

 Canadian License Co. and
Newco acknowledge and agree that Newco shall have no obligations or responsibilities under this Lease for the repair, maintenance or replacement of the Satellite System, other than as may be required due to the negligent acts or omissions of Newco
or those for whom Newco is at law responsible. 
  

	10.2	Canadian License Co.’s Repairs 

 Canadian
License Co. shall, with reasonable dispatch and in a good and workmanlike manner and so as to keep the same in such condition and repair as will meet the Specifications and as will enable Newco to make use of same for the purposes intended in this
Lease, keep the Satellite System in useable condition and repair, satisfactory to Newco, acting reasonably. 
  

	10.3	Newco may Inspect State of Repair 

 Newco shall be
entitled to inspect the state of repair of the Satellite System from time to time on reasonable notice. 
  

	10.4	Notify Canadian License Co. of Any Damage 

 Upon
becoming aware of any damage to the Satellite System, Newco will notify Canadian License Co. immediately of the damage and Canadian License Co. will, in accordance with its obligations under this Lease, repair the damage forthwith. 
 ARTICLE 11 
 MARKS 
  

	11.1	Parties’ Interest In Marks 

 Each Party
recognises the right, title and interest of the other Party in its Marks and agrees not to engage in any activities or commit any acts, directly or indirectly, which may contest, dispute, or otherwise impair such right, title and interest of the
other Party in such other Party’s Marks. Neither Party shall use the other Party’s Marks unless properly licensed by the other Party. 
  

 - 13 - 

 ARTICLE 12 
 REPRESENTATIONS AND WARRANTIES 
  

	12.1	Representations and Warranties of Canadian License Co. 

 Canadian License Co. represents and warrants to Newco that, as of the date of signing of this Lease: 
  

	 	(a)	Canadian License Co. is a corporation, duly organized, legally existing and in good standing under the laws of Ontario; 

  

	 	(b)	Canadian License Co. is the owner (with good and marketable title thereto) of or has adequate rights to use the Satellite System, free and clear of all Encumbrances except as
permitted by this Lease; 

  

	 	(c)	Canadian License Co. has full right, power and authority to own, control or lease the Spectrum Capacity and the Satellite System and to enter into and perform this Lease;

  

	 	(d)	this Lease constitutes a valid, binding and enforceable obligation of Canadian License Co.; 

  

	 	(e)	Canadian License Co. possesses all Authorizations issued by all applicable Canadian regulatory and governmental authorities and all other licenses, permits, franchises and similar
Rights which are necessary for Canadian License Co. to carry on its business and to perform its obligations to Newco pursuant to this Lease; 

  

	 	(f)	Canadian License Co. is in compliance and, subject to its reasonable commercial efforts, will remain in compliance with all applicable regulations, Authorizations, licences, rules,
statutes or orders of any local, provincial or federal government, government agency or court to which Canadian License Co. is subject regarding this Lease, the Spectrum Licences, the Spectrum Capacity and the Satellite System;

  

	 	(g)	Canadian License Co.’s execution of and performance under this Lease shall not violate any applicable rules, regulations, Authorizations, licences, rules, statutes or orders of
any local, provincial or federal government, government agency or court to which Canadian License Co. is subject; 

  

	 	(h)	Canadian License Co. is eligible to operate as a radiocommunication carrier in Canada as defined under and in accordance with the Radiocommunication Regulations (Canada) and
is eligible to operate as a telecommunications common carrier in Canada as defined under and in accordance with the Telecommunications Act (Canada); 

  

 - 14 - 

	 	(i)	Canadian License Co. has timely filed all notices, reports, renewal applications or other filings with respect to all Authorizations and Rights held by it and it is not aware of any
pending or threatened revocations, rescissions or withdrawals of such Authorizations or Rights. 

  

	12.2	Representations and Warranties of Newco 

 Newco
represents and warrants to Canadian License Co. that, as of the date of signing of this Lease: 
  

	 	(a)	Newco is an unlimited liability company, duly organized, legally existing and in good standing under the laws of Nova Scotia; 

  

	 	(b)	Newco has full right, power and authority to enter into and perform this Lease; 

  

	 	(c)	this Lease constitutes a valid, binding and enforceable obligation of Newco; and 

  

	 	(d)	its execution of and performance under this Lease shall not violate any applicable rules or regulations, authorizations, licences, rules, statutes or orders of any local,
provincial, state or federal government, government agency or court to which Newco is subject. 

 ARTICLE 13 

COVENANTS 
  

	13.1	Covenants of Canadian License Co. 

  

	 	(a)	Canadian License Co. covenants with Newco to observe and perform all the covenants and obligations of Canadian License Co. set forth in this Lease. 

  

	 	(b)	Canadian License Co. covenants that it has obtained or will use reasonable commercial efforts to obtain all Authorizations, licenses, franchises, permits, orders, decisions,
approvals, waivers, consents, Underlying Rights and rights to gain access to or use of Unowned Assets, by contract or otherwise, and all other rights necessary to be obtained by Canadian License Co. (collectively, the “Rights”) in order to
ensure that Canadian License Co. can provide the Balance to Newco throughout the Term and in accordance with the provisions of this Agreement. For greater certainty, Canadian License Co. shall use reasonable commercial efforts to cause the Rights to
remain effective throughout the Term, in compliance with all applicable laws, rules, regulations and contractual provisions, and shall obtain, maintain, expand, maximize and apply for all Rights that are required to support Newco’s current and
future requirements for Spectrum Capacity and Satellite Capacity. 

  

 - 15 - 

	 	(c)	Canadian License Co. covenants that it will use reasonable commercial efforts to obtain, maintain, expand, maximize and apply for all Rights that are required to support the
provision of New Services by Newco. 

  

	13.2	Covenants of Newco 

 Newco covenants with Canadian
License Co to observe and perform all the covenants and obligations of Newco set forth in this Lease. 
  

	 	(a)	Newco covenants that its use of the Balance shall comply in all material respects with all applicable government codes, ordinances, laws, rules, regulations and/or restrictions.

  

	 	(b)	Newco shall promptly notify Canadian License Co. of any matters pertaining to the Balance or any damage or impending damage to or loss of the Satellite System that are known to
Newco, and which may materially interfere with or materially adversely affect the use of the Satellite System. 

  

	 	(c)	Newco shall not use the Balance in a way which interferes in any material way with or materially adversely affects the use by Canadian License Co. of the Satellite System to fulfil
its Other Obligations, and Newco shall interface with Canadian License Co.’s Satellite System in all respects as though such Satellite System were its own. 

  

	13.3	Additional Covenants Regarding the Satellite System 

 Canadian License Co. and Newco each agree to cooperate with and support the other in complying with any requirements applicable to the Satellite Capacity, the Spectrum Capacity, the Balance, and the Satellite System by any governmental or
regulatory agency or authority. 
 ARTICLE 14 
 TERM AND TERMINATION 
  

	14.1	Term 

 It is acknowledged and agreed by the Parties that portions of the Satellite System intended to form part of the Lease will be constructed, installed and accepted by Newco at different times. Notwithstanding that some or all of the Satellite
System intended to comprise the Lease may have not yet been constructed or installed, the demise and lease contemplated by Article 2 of this Lease shall commence on the Effective Date, and continue until the twenty-fifth (25th) anniversary of the Effective Date (the “Term”) unless renewed in accordance with the provisions of
Section 14.2 hereof. 
  

 - 16 - 

	14.2	Extension Term 

 This Lease will be automatically
renewed for three (3) additional periods of five years (each such five year period being referred to as an “Extension Term”), each commencing on the first day following the last day of the prior Term or Extension Term, unless one
Party gives notice to the other at least one hundred and twenty (120) days prior to the expiration of the Term or Extension Term that it wishes to terminate this Lease on the expiration of the current Term or Extension Term. During any
Extension Term, all the terms and conditions contained in this Lease shall continue, and all references in this Lease to the Term shall be deemed to include any Extension Term. 
  

	14.3	Termination 

  

	 	(a)	Canadian License Co. shall be entitled to terminate this Lease: 

  

	 	(i)	forthwith if Newco files a petition for protection under the U.S. Bankruptcy Code (11 U.S.C.) or makes an assignment for the benefit of creditors or is named as the debtor in an
involuntary bankruptcy proceeding and such proceeding is not dismissed within thirty (30) days. 

  

	 	(ii)	upon giving at least one hundred and twenty (120) days notice prior to the expiration of the Term or an Extension Term in accordance with Section 14.2.

  

	 	(b)	Newco shall be entitled to terminate this Lease: 

  

	 	(i)	upon the provision of three hundred and sixty five (365) days prior written notice to Canadian License Co.” 

  

	 	(ii)	forthwith if Canadian License Co. is adjudicated to be insolvent or makes an assignment for the benefit of creditors or in bankruptcy, or is declared bankrupt, or takes the benefit
of any legislation that may be in force for bankrupt or insolvent debtors or is named as the debtor in an involuntary bankruptcy proceeding and such proceeding is not dismissed within thirty (30) days; 

  

	 	(iii)	upon the provision of ten (10) days prior written notice if Canadian License Co. breaches any of its material obligations under this Lease and fails to remedy such breach
within the ten (10) day period; 

  

 - 17 - 

	 	(iv)	upon the provision of ten (10) days prior written notice upon the termination or revocation of the Authorizations or the failure of Canadian License Co. to obtain any
additional Authorizations required in respect of the extension or expansion of the Existing Satellite System or in respect of any Next Generation Satellite System, 

  

	 	(v)	upon the provision of ten (10) days prior written notice in the event that Newco’s right to terminate arises pursuant to Section 4.1(c) of this Lease;

  

	 	(vi)	upon the provision of ten (10) days prior written notice if the Rights and Services Agreement dated the date hereof between the Parties is terminated; 

 

	 	(vii)	upon giving at least one hundred and twenty (120) days notice prior to the expiration of the Term or an Extension Term in accordance with Section 14.2.

  

	14.4	Acknowledgement by Canadian License Co. 

 Canadian
License Co. recognizes and acknowledges that Newco depends on Canadian License Co. to provide the Balance to service Newco’s End Users and that, in that regard, Newco requires assurance from Canadian License Co. that it will continue to supply
such Balance. Because of this, Canadian License Co. acknowledges and agrees that, except in the circumstances set forth in Section 14.3(a) of this Lease, and notwithstanding any breach by Newco of this Lease or any provision herein, Canadian
License Co. shall have no right whatsoever to revoke, terminate or otherwise cancel this Lease or the rights of Newco under this Lease to the use of the Balance, and Canadian License Co. shall not restrict in any manner or to any degree whatsoever
the rights of Newco under this Agreement. Except as provided in Section 14.3(a), the sole remedy for any such breaches by Newco shall be an action for damages in a court of competent jurisdiction. 
  

	14.5	Survival of Obligations 

 Upon delivery of a notice
of termination, this Lease shall thereupon be terminated and all rights and obligations of the Parties under this Lease shall cease, subject to any obligations outstanding as of the date of such termination. All obligations of Newco or Canadian
License Co. which, by their nature, require performance or fulfilment following the expiry or sooner termination of this Lease including, for greater certainty, the provisions of Article 9, Article 11 and Section 18.9, shall survive the expiry
or sooner termination of this Lease. 
  

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 ARTICLE 15 
 PUBLICITY AND ADVERTISING 
  

	15.1	Prior Approval of Other Party 

 Neither Party shall
publish or use any advertising, sales promotions, or other publicity materials that use the other Party’s Marks without the prior written approval of the other Party. 
  

	15.2	Parties’ Right to Approval 

 Each Party shall
have the right to review and approve any publicity materials, press releases, or other public statements by the other that refer to such Party or that describe any aspect of this Lease. Each Party agrees not to issue any such publicity materials,
press releases, or public statements without the prior written approval of the other Party. 
 ARTICLE 16 
 DELIVERY OF INFORMATION 
  

	16.1	Notice of Certain Events 

 Promptly and in any event
within three (3) Business Days after either Party has received notice or has otherwise become aware thereof, it shall give to the other notice of: 
  

	 	(a)	the commencement of any material proceeding or investigation against Canadian License Co. or Newco by or before any governmental body or in any court or before any arbitrator which
would be likely to have a material adverse effect on itself or the other Party, or on its ability to perform its obligations under this Lease, and 

  

	 	(b)	the occurrence or non-occurrence of any event 

  

	 	(i)	which constitutes, or which with the passage of time or giving of notice or both would constitute, a default by Canadian License Co. or Newco under this Lease or under any other
material agreement to which Canadian License Co. or Newco is a party or by which its properties may be bound, and 

  

	 	(ii)	would be likely to have a material adverse effect on Newco or Canadian License Co., or on either Party’s ability to perform its obligations under this Lease, giving in each
case the details thereof and specifying the action being taken or proposed to be taken with respect thereto. 

  

 - 19 - 

 Promptly upon receipt thereof, one Party shall deliver to the other Party copies of any material notice
or report regarding any Authorization from the grantor of such Authorization from any governmental authority regarding the Satellite System or the business of each Party. 
 ARTICLE 17 
 UNAVOIDABLE DELAYS 
  

	17.1	Unavoidable Delays 

 Except in the case of money to
be paid pursuant to this Lease, whenever and to the extent that either Canadian License Co. or Newco is unable to fulfil, or is delayed or restricted in the fulfilment of, any obligation hereunder, by reason of being unable to obtain the material,
goods, equipment, service, utility or labour required to enable it to fulfil such obligation, or by reason of any statute, law, by-law or order-in-council or any regulation or order passed or made pursuant thereto, or by reason of the order or
direction of any legislative, administrative or judicial body, controller or board, or any governmental department or any governmental officer or other authority having jurisdiction, or by reason of its inability to procure any license or permit
required therefor, or by reason of not being able to obtain any permission or authority required therefor, or by reason of any strikes, lockouts, slow-downs or other combined action of workmen, or shortages of material, acts of God, inability to
access or use the Satellite System, or any other cause beyond its control, Canadian License Co. or Newco, as the case may be, shall be relieved from the fulfilment of such obligation so long as such cause continues. 
 ARTICLE 18 
 GENERAL 

 

	18.1	Notices 

 Any notice or other writing required or
permitted to be given under this Lease or for the purposes of this Lease (in this Section referred to as a “Notice”) shall be in writing and shall be sufficiently given if delivered, or if sent by prepaid registered mail or if transmitted
by facsimile or other form of recorded communication tested prior to transmission to such Party: 
  

	 	(a)	in the case of a Notice to Canadian License Co. at: 

 Mobile Satellite Ventures (Canada) Inc. 
 c/o TMI Communications Inc. 
 1601 Telesat Court 
 Gloucester, Ontario

 K1B 5P4 
  

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 Attention: Secretary 
 Facsimile: (613) 742-4113 
  

	 	(b)	in the case of a Notice to Newco at: 

 Mobile Satellite
Ventures LP 
 c/o Motient Corporation 
 10802 Parkridge Blvd. 
 Reston, VA 
 20191-5416 
 Attention: Secretary 
 Facsimile: (703) 758-6134 
 with a copy to:

 Telcom Ventures, L.L.C. 
 211
North Union Street 
 Suite 300 
 Alexandria, VA 
 22314 
 Attention: Hal B. Perkins, Esq. 
 Facsimile: (703) 706-3801 
 or at such other address as the Party to whom such Notice is to be given shall have last notified the Party giving the same in the manner provided in this
Section. Any Notice delivered to the Party to whom it is addressed as provided above shall be deemed to have been given and received on the day it is so delivered at such address, provided that if such day is not a Business Day then the Notice shall
be deemed to have been given and received on the next Business Day. Any Notice sent by prepaid registered mail shall be deemed to have been given and received on the fifth Business Day following the date of its mailing. Any Notice transmitted by
facsimile or other form of recorded communication shall be deemed given and received on the first Business Day after its transmission. 
  

	18.2	Time of the Essence 

 Time is of the essence of this
Lease. 
  

 - 21 - 

	18.3	Assignment 

 Newco shall have the right to assign
this Lease, including its rights and obligations under this Lease, without consent of Canadian License Co., to such person or entity who shall from time to time hold the Spectrum Licenses pursuant to which the Satellite Capacity is authorized. Newco
shall also have the unrestricted right to assign this Lease, or any of its rights under this Lease, upon written notice to Canadian License Co., to any lender as collateral security in connection with any financing arrangement of Newco, provided
that Newco shall remain responsible for performance of its responsibilities under this Lease. 
  

	18.4	Successors and Assigns 

 Except as otherwise
specifically provided in this Lease, the covenants, terms and conditions contained in this Lease shall apply to and bind and enure to the benefit of the Parties and their respective successors and permitted assigns. 
  

	18.5	Further Assurances 

 Each of the Parties agrees to
do, make and execute all such further documents, agreements, assurances, acts, matters and things and take such further actions as may be reasonably required by the other Party in order to more effectively carry out the true intent of this Lease.

  

	18.6	Governing Law 

 This Lease shall be governed by and
construed in accordance with the laws of the State of New York, without regard to its principles of conflicts of law that would give effect to the application of the law of another jurisdiction. Each of the Parties hereby irrevocably and
unconditionally consents to submit to the non-exclusive jurisdiction of the courts of the State of New York and of the United States of America, in each case having jurisdiction over the County of New York, for any litigation arising out of or
relating to this Lease and any Lease Supplement, and the transactions contemplated hereby and thereby (and agrees not to commence any litigation relating thereto except in such courts), and further agrees that service of any process, summons, notice
or document by registered mail to its respective address set forth in this Lease shall be effective service of process for any litigation brought against it in any such court. Each of the Parties hereby irrevocably and unconditionally waives any
objection to the laying of venue of any litigation arising out of this Lease or the transactions contemplated by this Lease in the courts of the State of New York or the United States of America, in each case having jurisdiction over the County of
New York, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any such litigation brought in any such court has been brought in an inconvenient forum. 
  

 - 22 - 

	18.7	Severability 

 If any Article, Section or paragraph
of this Lease is determined to be void or unenforceable in whole or in part, the Article, Section or paragraph shall be deemed to be severable from this Lease and shall not cause the invalidity or unenforceability of any other Article, Section or
paragraph of this Lease. 
  

	18.8	Currency 

 Except as otherwise expressly provided,
all references in this Lease to money amounts are to United States currency. 
  

	18.9	Confidentiality 

  

	 	(a)	The Parties will treat as confidential this Lease and all information provided by one Party to the other will be kept in the strictest confidence and will only be disclosed as
required by a Court of competent jurisdiction or to the directors, officers, employees, agents, professional advisors and lenders of the receiving Party that have a bona fide need to know the information and who have been advised of the
confidentiality obligations of this Lease. The foregoing restriction does not apply to any information which is or becomes generally available to the public or which is known to such person prior to its receipt of the information from the other
Party or which was obtained from any third party who obtained the information lawfully, and under no obligation of secrecy. The foregoing restriction does not apply to the extent disclosure is required by law or by the applicable regulations or
policies of any governmental authority or other regulatory agency of competent jurisdiction or any stock exchange. 

  

	 	(b)	To the extent that any information about identifiable individuals is provided by Canadian License Co. to Newco pursuant to this Lease, Newco agrees to treat such information in
accordance with the standards of the Personal Information Protection and Electronic Documents Act c.5, Statutes of Canada 2000, and to grant to Canadian License Co. a right of reasonable inspection to ensure that such standards are met.

  

	18.10	Rights and Remedies 

 For greater certainty, all of
the rights and remedies under this Lease may be exercised alone or in any combination or order and are without prejudice to any other remedies at law or in equity, in contract or in tort. 
  

 - 23 - 

	18.11	Counterparts 

 This Lease may be executed by the
Parties in separate counterparts each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. 
 IN WITNESS WHEREOF the Parties have executed this Lease as of the date first above written. 
  

			
	 MOBILE SATELLITE VENTURES
 (CANADA) INC.

		
	 Per:
	 	 /s/ Rory McCormick

	 Name:
	 	Rory McCormick
	 Title:
	 	Secretary
	
	 3051361 NOVA SCOTIA UNLIMITED
 LIABILITY COMPANY

		
	 Per:
	 	 /s/ Ted H. Ignacy

	 Name:
	 	Ted H. Ignacy
	 Title:
	 	President

  

 - 24 -

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