Document:

Exhibit 10.47

 Exhibit 10.47 
 2009 IRIDIUM COMMUNICATIONS INC. 
 STOCK INCENTIVE PLAN 

NON-EMPLOYEE DIRECTOR RESTRICTED STOCK AWARD AGREEMENT 
 THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”), dated as of [—], 20[—] (the
“Date of Grant”), is made by and between Iridium Communications Inc., a Delaware corporation (the “Company”), and [—] (“Participant”). 

WHEREAS, the Company has adopted the 2009 Iridium Communications Inc. Stock Incentive Plan (the “Plan”), which
Plan is incorporated herein by reference and made a part of this Agreement; 
 WHEREAS, the Plan provides for the grant
of Other Stock-Based Awards which may include forfeitable Shares (“Restricted Stock”); and 
 WHEREAS,
the Board of Directors of the Company (the “Board”) has determined that it would be in the best interests of the Company and its stockholders to grant the award of Restricted Stock provided for herein (the “Restricted Stock
Award”) to Participant, on the terms and conditions described in this Agreement. 
 NOW THEREFORE, in
consideration of the mutual covenants hereinafter set forth, the parties hereto agree as follows: 
 1. Grant of Restricted
Stock Award. 
 (a) Grant. The Company hereby grants to Participant a Restricted Stock Award consisting of [—] shares of Restricted Stock. The Restricted Stock shall vest and become non-forfeitable in accordance with Section 2 hereof. 
 (b) Incorporation by Reference, etc. The provisions of the Plan are hereby incorporated herein by reference. Except as otherwise expressly set forth herein, this Agreement shall be construed in
accordance with the provisions of the Plan and any capitalized terms not otherwise defined in this Agreement shall have the definitions set forth in the Plan. The Board shall have final authority to interpret and construe the Plan and this Agreement
and to make any and all determinations under them, and its decision shall be binding and conclusive upon Participant and Participant’s legal representative in respect of any questions arising under the Plan or this Agreement. No member of the
Board shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or any Award granted thereunder. 
 2. Vesting. Subject to Participant’s continuous Employment with the Company or its Affiliates on each vesting date, the Restricted Stock Award granted pursuant to Section 1 above shall
vest (and thereby become non-forfeitable) with respect to 25% of the shares of Restricted Stock subject thereto on the last day of the calendar quarter in which the Date of Grant occurs and with respect to an additional 25% of the shares of
Restricted Stock on the last day of each subsequent calendar quarter. 

 Notwithstanding the foregoing, (i) in the event of a termination of Participant’s Employment due
to Participant’s death or Disability, any unvested shares of Restricted Stock will automatically vest (and thereby become non-forfeitable) on the date of such termination and (ii) in the event of a termination of Participant’s
Employment by the Company without Cause, that number of shares of Restricted Stock that would have vested if Participant’s Employment had continued through the next applicable vesting date shall automatically vest (and thereby become
non-forfeitable) on the date of such termination. 
 For purposes of this Agreement, “Cause” shall mean the Company’s
termination of Participant’s Employment due to Participant’s: (i) conviction for, or plea of guilty or no contest to, any felony or a lesser crime involving moral turpitude; or (ii) commission at any time of any act of fraud,
embezzlement, misappropriation, material misconduct or breach of fiduciary duty against the Company or any Affiliate. 
 For purposes of this
Agreement, “Disability” shall mean Participant’s “permanent and total disability” (within the meaning of Section 22(e)(3) of the Code). 
 3. Tax Matters. 
 (a) Tax Withholding. Participant shall pay to the
Company promptly upon request, and in any event at the time Participant recognizes taxable income in respect of the Restricted Stock Award, an amount equal to the taxes the Company determines it is required to withhold under applicable tax laws with
respect to the Restricted Stock. Such payment shall be made in the form of cash in an amount with a Fair Market Value equal to such withholding liability; provided that the Board may, in its sole discretion, to the extent permitted by
applicable law, allow such withholding obligation to be satisfied by any other method described in Section 4 of the Plan. 

(b) Section 83(b) Election. If Participant properly elects (as permitted by Section 83(b) of the Code) within thirty
(30) days after the issuance of the Restricted Stock to include in gross income for U.S. federal income tax purposes in the year of issuance the fair market value of such shares of Restricted Stock, Participant shall pay to the Company or make
arrangements satisfactory to the Company to pay to the Company upon such election, any federal, state or local taxes required to be withheld with respect to the Restricted Stock. Participant acknowledges that it is Participant’s sole
responsibility, and not the Company’s, to file timely and properly the election under Section 83(b) of the Code and any corresponding provisions of state tax laws if Participant elects to utilize such election. Participant further
acknowledges that neither the Company nor any of its Affiliates can provide Participant with tax advice relating to the grant of the Restricted Stock Award and that it is Participant’s responsibility to consult with Participant’s own
personal tax advisor regarding the tax consequences of the grant and vesting of the Restricted Stock Award and the making of an election under Section 83(b) of the Code, if any. 

4. Certificates. Certificates evidencing the Restricted Stock shall be issued by the Company and shall be registered in
Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to, in the case of any particular share of Restricted
Stock, the date on which such share vests. As a condition to the receipt of this Restricted Stock Award, Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to the Restricted Stock. Notwithstanding the foregoing,
the Company may elect to recognize Participant’s ownership through uncertificated book entry. 
  

  
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 5. Forfeiture of Restricted Stock. Unvested Restricted Stock shall be forfeited
without consideration by Participant upon Participant’s termination of Employment with the Company or its Affiliates for any reason. 
 6. Rights as a Stockholder; Dividends. Participant shall not be deemed for any purpose to be the owner of any Restricted Stock unless and until (i) the Company shall have issued the Restricted
Stock in accordance with Section 4 hereof and (ii) Participant’s name shall have been entered as a stockholder of record with respect to the Restricted Stock on the books of the Company. Upon the fulfillment of the conditions in
(i) and (ii) of this Section 6, Participant shall be the record owner of the Restricted Stock unless and until such shares are forfeited pursuant to Section 5 hereof or sold or otherwise disposed of, and as record owner shall be
entitled to all rights of a common stockholder of the Company, including, without limitation, voting rights, if any, with respect to the Restricted Stock; provided that (x) any cash or in-kind dividends paid with respect to
unvested Restricted Stock shall be withheld by the Company and shall be paid to Participant, without interest, only when, and if, such Restricted Stock becomes vested and (y) the Restricted Stock shall be subject to the limitations on transfer
and encumbrance set forth in this Agreement. Unless otherwise required under applicable laws, rules or regulations, as soon as practicable following the vesting of any Restricted Stock, certificates for such vested Restricted Stock shall be
delivered to Participant or to Participant’s legal representative along with the stock powers relating thereto; provided that, no certificate will be delivered if the Company elects to recognize Participant’s ownership
through certificated book entry, in which case such uncertificated shares of Restricted Stock shall be credited to a book entry account maintained by the Company (or its designee) on behalf of Participant. 

7. Restrictive Legend. All certificates representing Restricted Stock (including any “Vested Shares” (as that term is
defined below)) shall have affixed thereto a legend in substantially the following form, in addition to any other legends that may be required under federal or state securities laws: 

THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN THE 2009 IRIDIUM COMMUNICATIONS
INC. STOCK INCENTIVE PLAN AND A CERTAIN RESTRICTED STOCK AWARD AGREEMENT BETWEEN IRIDIUM COMMUNICATIONS INC. AND THE REGISTERED OWNER OF THIS CERTIFICATE (OR HIS PREDECESSOR IN INTEREST), WHICH PLAN AND AGREEMENT ARE BINDING UPON ANY AND ALL OWNERS
OF ANY INTEREST IN SAID SHARES. SAID PLAN AND AGREEMENT ARE AVAILABLE FOR INSPECTION WITHOUT CHARGE AT THE PRINCIPAL OFFICE OF IRIDIUM COMMUNICATIONS INC. AND COPIES THEREOF WILL BE FURNISHED WITHOUT CHARGE TO ANY OWNER OF SAID SHARES UPON REQUEST.

  
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 8. Transferability. 

(a) Unvested Shares. No share of Restricted Stock may, at any time prior to becoming vested, be assigned, alienated, pledged,
attached, sold or otherwise transferred or encumbered by Participant and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company; provided that the
designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. 

(b) Vested Shares. Other than as explicitly described in this Section 8(b), prior to the earlier of (i) the first
business day that occurs more than six months following the date on which Participant’s Employment is terminated for any reason and (ii) a Change in Control, neither Participant nor any transferee of Participant (including any beneficiary,
executor or administrator) shall assign, alienate, pledge, attach, sell or otherwise transfer or encumber any shares of Restricted Stock that have vested in accordance with Section 2 of this Agreement (“Vested Shares”);
provided that Vested Shares may be transferred (A) for consideration following each vesting date, but solely with respect to that number of Vested Shares having an aggregate Fair Market Value, determined at the time of such transfer,
equal to the aggregate tax liability incurred by Participant with respect to the shares of Restricted Stock vesting upon such vesting date; (B) by will or the laws of descent and distribution; (C) by Participant without consideration to
(x) any person who is a “family member” of Participant as such term is used in the instructions to Form S-8 (collectively, the “Immediate Family Members”), or (y) a trust solely for the benefit of Participant and
his Immediate Family Members; or (D) to any other transferee as may be approved by the Board in its sole discretion (collectively, the “Permitted Transferees”); provided, that, in the case of clauses (C) or (D),
Participant gives the Board advance written notice describing the terms and conditions of the proposed transfer and the Board notifies Participant in writing that such a transfer is in compliance with the terms of this Agreement; provided,
further, that, the restrictions upon any Vested Shares transferred in accordance with clauses (C) or (D) of this Section 8(b) shall apply to the Permitted Transferee, such transfer shall be subject to the acceptance by the
Permitted Transferee of the terms and conditions hereof, and any reference in this Section 8(b) to Participant shall be deemed to refer to the Permitted Transferee. 
 9. Adjustments for Stock Splits, Stock Dividends, etc. 
 (a) If, from time
to time during the term of this Agreement, there is any stock split up, stock dividend, stock distribution or other reclassification of the Shares, any and all new, substituted or additional securities to which Participant is entitled by reason of
Participant’s ownership of the Restricted Stock shall be immediately subject to the terms of the Agreement and shall be encompassed within the term “Restricted Stock.” 

(b) If Shares are converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or
partial liquidation, securities of another corporation, or other property (including cash), pursuant to any merger of the Company or acquisition of its assets, then the rights of the Company under this Agreement shall inure to the benefit of the
Company’s successor and this Agreement shall apply to the securities or other property received upon such conversion, exchange or distribution in the same manner and to the same extent as the Restricted Stock. 

  
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 10. Waiver. Any right of the Company contained in this Agreement may be waived in
writing by the Board. No waiver of any right hereunder by any party shall operate as a waiver of any other right, or as a waiver of the same right with respect to any subsequent occasion for its exercise, or as a waiver of any right to damages. No
waiver by any party of any breach of this Agreement shall be held to constitute a waiver of any other breach or a waiver of the continuation of the same breach. 
 (a) Notices. All notices, demands and other communications provided for or permitted hereunder shall be made in writing and shall be by registered or certified first-class mail, return receipt
requested, facsimile, courier service or personal delivery: 
 if to the Company: 

Iridium Communications Inc. 
 1750 Tysons Blvd., Suite 1400 
 McLean, VA 22102 

Facsimile: (703) 287-7450 
 Attention: Secretary 
 if to Participant: 

To the last known address contained in the Company’s records. 

All such notices, demands and other communications shall be deemed to have been duly given when delivered by hand, if personally
delivered; when delivered by courier, if delivered by commercial courier service; five (5) business days after being deposited in the mail, postage prepaid, certified or registered mail, return receipt requested, if mailed; and when receipt is
mechanically acknowledged, if by facsimile. 
 11. Severability. The invalidity or unenforceability of any provision of
this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, and each other provision of this Agreement shall be severable and enforceable to the extent permitted by law. 

12. No Rights to Employment or Additional Awards. Nothing contained in this Agreement shall be construed as giving Participant any
right to be retained, in any position, as an employee, consultant or director of the Company or any of its Affiliates or shall interfere with or restrict in any way the right of the Company or any of its Affiliates, which are hereby expressly
reserved, to remove, terminate or discharge Participant at any time for any reason whatsoever. Neither Participant nor any other Person shall have any claim to be granted any additional Award and there is no obligation under the Plan for uniformity
of treatment of holders or beneficiaries of Awards. The terms and conditions of the Restricted Stock Award granted hereunder or any other Award granted under the Plan (or otherwise) and the Board’s determinations and interpretations with
respect thereto and/or with respect to Participant and any recipient of an Award under the Plan need not be the same (whether or not Participant and any such other recipient are similarly situated). 

  
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 13. Beneficiary. Participant may file with the Board a written designation of a
beneficiary on such form as may be prescribed by the Board and may, from time to time, amend or revoke such designation. If no designated beneficiary survives Participant, Participant’s estate shall be deemed to be Participant’s
beneficiary. 
 14. Successors and Assigns. The terms of this Agreement shall be binding upon and inure to the benefit of
the Company and its successors and assigns, and of Participant and the beneficiaries, executors, administrators, heirs and successors of Participant. 
 15. Entire Agreement. This Agreement and the Plan contain the entire agreement and understanding of the parties hereto with respect to the subject matter contained herein and supersede all prior
communications, representations and negotiations in respect thereto. No change, modification or waiver of any provision of this Agreement shall be valid unless the same be in writing and signed by the parties hereto. 

16. Modifications. No change, modification or waiver of any provision of this Agreement shall be valid unless the same be in
writing and signed by the parties hereto. 
 17. Bound by Plan. By signing this Agreement, Participant acknowledges that
he has received a copy of the Plan and has had an opportunity to review the Plan and agrees to be bound by all the terms and provisions of the Plan. 
 18. Governing Law. This Agreement shall be construed and interpreted in accordance with the laws of the State of Delaware without regard to principles of conflicts of law thereof, or principals of
conflicts of laws of any other jurisdiction which could cause the application of the laws of any jurisdiction other than the State of Delaware. 
 19. JURY TRIAL WAIVER. THE PARTIES EXPRESSLY AND KNOWINGLY WAIVE ANY RIGHT TO A JURY TRIAL IN THE EVENT ANY ACTION ARISING UNDER OR IN CONNECTION WITH THIS AGREEMENT IS LITIGATED OR HEARD IN ANY
COURT. 
 20. Headings. The headings of the Sections hereof are provided for convenience only and are not to serve as a
basis for interpretation or construction, and shall not constitute a part, of this Agreement. 
 21. Signature in
Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 

[Remainder of page intentionally left blank; signature page to follow] 

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

 

	
	Iridium Communications Inc.
	
	  

	By:
	Title:
	
	Participant
	
	  

	Name:Exhibit 10.48

 Exhibit 10.48 
 2009 IRIDIUM COMMUNICATIONS INC. 
 STOCK INCENTIVE PLAN 

NON-EMPLOYEE DIRECTOR RESTRICTED STOCK UNIT AGREEMENT 
 THIS RESTRICTED STOCK UNIT AGREEMENT (the “Agreement”), dated as of [—], 20[—] (the
“Date of Grant”), is made by and between Iridium Communications Inc., a Delaware corporation (the “Company”), and [—] (“Participant”). 

WHEREAS, the Company has adopted the 2009 Iridium Communications Inc. Stock Incentive Plan (the “Plan”), which
Plan is incorporated herein by reference and made a part of this Agreement; 
 WHEREAS, the Plan provides for the grant
of Other Stock-Based Awards which may include restricted stock units (“Restricted Stock Units”); and 

WHEREAS, the Board of Directors of the Company (the “Board”) has determined that it would be in the best
interests of the Company and its stockholders to grant the award of Restricted Stock Units provided for herein to Participant, on the terms and conditions described in this Agreement. 

NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties hereto agree as follows: 

1. Grant of Restricted Stock Units. 
 (a) Grant. The Company hereby grants to the Participant a total of [—] Restricted Stock Units on the terms and conditions set forth in this
Agreement and as otherwise provided in the Plan. Such Restricted Stock Units shall be credited to a separate account maintained for the Participant on the books of the Company (the “Account”). On any given date, the value of each
Restricted Stock Unit credited to the Account shall equal the Fair Market Value of one Share. The Restricted Stock Units shall vest and settle in accordance with Section 2 hereof. 

(b) Incorporation by Reference, etc. The provisions of the Plan are hereby incorporated herein by reference. Except as otherwise
expressly set forth herein, this Agreement shall be construed in accordance with the provisions of the Plan and any capitalized terms not otherwise defined in this Agreement shall have the definitions set forth in the Plan. The Board shall have
final authority to interpret and construe the Plan and this Agreement and to make any and all determinations under them, and its decision shall be binding and conclusive upon Participant and Participant’s legal representative in respect of any
questions arising under the Plan or this Agreement. No member of the Board shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or any Award granted thereunder. 

 2. Terms and Conditions. 

(a) Vesting. Subject to Participant’s continuous Employment with the Company or its Affiliates on each vesting date, the
Restricted Stock Units granted pursuant to Section 1 above shall vest (and thereby become non-forfeitable) with respect to 25% of the Restricted Stock Units on the last day of each calendar quarter that occurs following the Date of Grant, such
that the Restricted Stock Units will be fully vested on the last day of the calendar year in which the Date of Grant occurs. 

(b) Settlement. Upon the “Settlement Date” (as defined below), each vested Restricted Stock Unit credited to the Account
will be settled (and, upon such settlement, shall cease to be credited to the Account) by the Company (i) issuing to the Participant one Share for each whole Restricted Stock Unit credited to the Account and making a cash payment to the
Participant equal to the Fair Market Value of any fractional Restricted Stock Units credited to the Account and (ii) with respect to the Shares so issued, entering the Participant’s name as a stockholder of record on the books of the
Company. For purposes of this Agreement, “Settlement Date” shall mean the earlier of (x) the first business day that occurs more than six months following the date on which Participant experiences a “separation from
service” (within the meaning of Section 409A of the Code and the regulations promulgated thereunder) from the Company and (y) a Change in Control that constitutes a “change in control event” (within the meaning of
Section 409A of the Code and the regulations promulgated thereunder). 
 (c) Restrictions. The Restricted Stock
Units granted hereunder may not be sold, pledged or otherwise transferred (other than by will or the laws of decent and distribution) and may not be subject to lien, garnishment, attachment or other legal process. Participant acknowledges and agrees
that, with respect to the Restricted Stock Units credited to the Account, Participant has no voting rights with respect to the Company unless and until such Restricted Stock Units are settled in Shares pursuant to Section 2(b) hereof.

 (d) Effect of Termination of Employment. 
 (i) Except as otherwise provided in subsections (ii) and (iii) of this Section 2(d), if Participant’s Employment with the Company terminates for any reason, any unvested Restricted
Stock Units credited to the Account shall be forfeited without further consideration to Participant. 
 (ii) In the event of a
termination of Participant’s Employment due to Participant’s death or Disability, any unvested Restricted Stock Units will automatically vest on the date of such termination. For purposes of this Agreement, “Disability”
shall mean Participant’s “permanent and total disability” (within the meaning of Section 22(e)(3) of the Code). 
 (iii) In the event of a termination of Participant’s Employment by the Company without Cause, that number of Restricted Stock Units that would have vested if Participant’s Employment had
continued through the next applicable vesting date shall automatically vest on the date of such termination. For purposes of this Agreement, “Cause” shall mean the Company’s termination of Participant’s Employment due to
Participant’s: (i) conviction for, or plea of guilty or no contest to, any felony or a lesser crime involving moral turpitude; or (ii) commission at any time of any act of fraud, embezzlement, misappropriation, material misconduct or
breach of fiduciary duty against the Company or any Affiliate. 
  

  
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 (e) Dividends. If on any date the Company pays any dividend with respect to its
Shares (the “Payment Date”), then the number of Restricted Stock Units credited to the Account shall on the Payment Date be increased by that number of Restricted Stock Units equal to: (i) the product of (A) the number of
Restricted Stock Units in the Account as of the Payment Date and (B) the per Share cash amount of such dividend (or, in the case of a dividend payable in Shares or in property other than cash, the per share equivalent cash value of such
dividend, as determined in good faith by the Board), divided by (ii) the Fair Market Value of a Share on the Payment Date. Each additional Restricted Stock Unit, or fraction thereof, credited to the Account in accordance with this
Section 2(e) shall vest and be settled at the same time as the original Restricted Stock Units to which they are attributable. 
 (f) Tax Withholding. Upon the settlement of the Restricted Stock Units in accordance with Section 2(b) hereof, Participant will recognize taxable income in respect of the Restricted Stock
Units and the Company may also be required to withhold taxes due with respect to that ordinary income. 
 (g) Rights as a
Stockholder. Upon and following the Settlement Date, Participant shall be the record owner of the Shares issued upon the Settlement Date unless and until such Shares are sold or otherwise disposed of, and as record owner shall be entitled to all
rights of a holder of Shares, including, without limitation, voting rights, if any, with respect to such Shares. Prior to the Settlement Date, Participant shall not be deemed for any purpose to be the owner of the Shares underlying the Restricted
Stock Units. 
 3. Miscellaneous. 
 (a) General Assets. All amounts credited to the Account under this Agreement shall continue for all purposes to be part of the general assets of the Company. Participant’s interest in the
Account shall make the Participant only a general, unsecured creditor of the Company. 
 (b) Adjustments. The Restricted
Stock Units shall be subject to adjustment in accordance with Section 9 of the Plan. 
 (c) Waiver. Any right of the
Company contained in this Agreement may be waived in writing by the Board. No waiver of any right hereunder by any party shall operate as a waiver of any other right, or as a waiver of the same right with respect to any subsequent occasion for its
exercise, or as a waiver of any right to damages. No waiver by any party of any breach of this Agreement shall be held to constitute a waiver of any other breach or a waiver of the continuation of the same breach. 

  
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 (d) Notices. All notices, demands and other communications provided for or permitted
hereunder shall be made in writing and shall be by registered or certified first-class mail, return receipt requested, facsimile, courier service or personal delivery: 
 if to the Company: 
 Iridium Communications Inc. 

1750 Tysons Blvd., Suite 1400 
 McLean, VA 22102 
 Facsimile: (703) 287-7450 

Attention: Secretary 
 if to Participant: 
 To the last known address contained in the Company’s
records. 
 All such notices, demands and other communications shall be deemed to have been duly given when delivered by hand,
if personally delivered; when delivered by courier, if delivered by commercial courier service; five (5) business days after being deposited in the mail, postage prepaid, certified or registered mail, return receipt requested, if mailed; and
when receipt is mechanically acknowledged, if by facsimile. 
 (e) Severability. The invalidity or unenforceability of
any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, and each other provision of this Agreement shall be severable and enforceable to the extent permitted by law. 

(f) No Rights to Employment or Additional Awards. Nothing contained in this Agreement shall be construed as giving Participant any
right to be retained, in any position, as an employee, consultant or director of the Company or its Affiliates or shall interfere with or restrict in any way the right of the Company or any of its Affiliates, which are hereby expressly reserved, to
remove, terminate or discharge Participant at any time for any reason whatsoever. Neither Participant nor any other Person shall have any claim to be granted any additional Award and there is no obligation under the Plan for uniformity of treatment
of holders or beneficiaries of Awards. The terms and conditions of the Restricted Stock Units granted hereunder or any other Award granted under the Plan (or otherwise) and the Board’s determinations and interpretations with respect thereto
and/or with respect to Participant and any recipient of an Award under the Plan need not be the same (whether or not Participant and any such other recipient are similarly situated). 

(g) Beneficiary. Participant may file with the Board a written designation of a beneficiary on such form as may be prescribed by
the Board and may, from time to time, amend or revoke such designation. If no designated beneficiary survives Participant, Participant’s estate shall be deemed to be Participant’s beneficiary. 

(h) Successors and Assigns. The terms of this Agreement shall be binding upon and inure to the benefit of the Company and its
successors and assigns, and of Participant and the beneficiaries, executors, administrators, heirs and successors of Participant. 

  
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 (i) Entire Agreement. This Agreement and the Plan contain the entire agreement and
understanding of the parties hereto with respect to the subject matter contained herein and supersede all prior communications, representations and negotiations in respect thereto. No change, modification or waiver of any provision of this Agreement
shall be valid unless the same be in writing and signed by the parties hereto. 
 (j) Modifications. No change,
modification or waiver of any provision of this Agreement shall be valid unless the same be in writing and signed by the parties hereto. 
 (k) Bound by Plan. By signing this Agreement, Participant acknowledges that he has received a copy of the Plan and has had an opportunity to review the Plan and agrees to be bound by all the terms
and provisions of the Plan. 
 (l) Governing Law. This Agreement shall be construed and interpreted in accordance with
the laws of the State of Delaware without regard to principles of conflicts of law thereof, or principals of conflicts of laws of any other jurisdiction which could cause the application of the laws of any jurisdiction other than the State of
Delaware. 
 (m) JURY TRIAL WAIVER. THE PARTIES EXPRESSLY AND KNOWINGLY WAIVE ANY RIGHT TO A JURY TRIAL IN THE EVENT ANY
ACTION ARISING UNDER OR IN CONNECTION WITH THIS AGREEMENT IS LITIGATED OR HEARD IN ANY COURT. 
 (n) Headings. The
headings of the Sections hereof are provided for convenience only and are not to serve as a basis for interpretation or construction, and shall not constitute a part, of this Agreement. 

(o) Signature in Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same
effect as if the signatures thereto and hereto were upon the same instrument. 
 [Remainder of page intentionally left blank;
signature page to follow] 

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

 

	
	Iridium Communications Inc.
	
	  
 By:

	Title:
	
	Participant
	
	  
 Name:

	

  
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