Document:

EX-10.1

BEAM SHARING AGREEMENT

THIS BEAM SHARING AGREEMENT is dated as of the 11th day of January, 2008 by and
between ViaSat, Inc., a corporation organized and existing under the laws of the State of Delaware
(“ViaSat”) and Loral Space & Communications, Inc., a corporation organized and existing
under the laws of the State of Delaware (“Loral”).

WHEREAS, ViaSat and Space Systems/Loral, Inc., a Delaware corporation and an indirect,
wholly-owned subsidiary of Loral (“SS/L”) have entered into a Contract, dated as of January 7,
2008, for the construction, testing and purchase of the ViaSat-1 satellite (such contract, as may
be amended, modified or supplemented from time to time, the “Satellite Contract”), and
Loral and SS/L have entered into a Loral Payload Agreement, of even date herewith (such agreement,
as may be amended, modified or supplemented from time to time, the “Loral Payload
Agreement”), with respect to the Loral Payload, as hereinafter defined.

WHEREAS, the Parties desire to create an arrangement between ViaSat and Loral for such
ViaSat-1 satellite (the “Satellite”);

WHEREAS, SS/L has consented to the arrangement contemplated hereby, and the Satellite Contract
and the Loral Payload Agreement contemplate the simultaneous transfer of title to and risk of loss
of the Satellite to ViaSat and Loral, as their respective interests therein shall appear;

WHEREAS, Loral and Telesat Canada, a Canadian corporation (“Telesat”) are entering
into a separate agreement, dated today’s date (such agreement, as may be amended, modified or
supplemented from time to time, the “Option Agreement”), pursuant to which Telesat will
have the option to assume and succeed to the rights and obligations of Loral hereunder, and for and
in consideration of which Telesat is entering into the TT&C Agreement, dated today, with ViaSat and
Loral pursuant to which Telesat will provide TT&C services with respect to the Satellite and
payments will be made to Loral, and the Cooperation Agreement, dated today, with ViaSat and Loral
pursuant to which Telesat will make the orbital location at 115 degrees W.L. available to the
Satellite and its replacement satellites.

WHEREAS, SS/L and ViaSat will allow Loral and its assignees reasonable access to the Satellite
during the construction and testing thereof; and

WHEREAS, ViaSat and Loral desire to set forth in this Agreement the detailed terms and
conditions of their agreement with regard to the arrangement for the Loral Payload and such other
matters as set forth herein.

NOW, THEREFORE, in consideration of the premises and of the mutual representations,
warranties, covenants and agreements hereinafter contained, the Parties hereby agree as follows:

ARTICLE 1

INTERPRETATION

1.1. Words and expressions used in this Agreement shall have the meanings set out in Schedule 1,
unless the context requires otherwise.

1.2. The Schedules and Annexes to this Agreement shall form part of this Agreement.

ARTICLE 2

OWNERSHIP OF THE SATELLITE

2.1. Ownership, Title, and Operation. Loral shall exclusively own and operate the Canadian
Satellite payload (defined in Section 2.1B of the Satellite Contract as the “Canadian
Beams”) which will have, as a  minimum, a capacity equal to 15% of the satellite’s Baseline
Capacity (excluding Additional Beams) (subject to ViaSat’s right to complete the design and
configuration of the Satellite in accordance with Section 2.1(B) of the Satellite Contract and
Section 2.2.1 below), and described in the Loral Payload Agreement (the “Loral Payload”)
and ViaSat shall exclusively own and operate the remainder of the Satellite payload (defined as the
US Beams and Additional Beams, if any, in Section 2.1B of the Satellite Contract) (the “ViaSat
Payload”) and all the elements of the Satellite that are common to and/or shared by the ViaSat
Payload and the Loral Payload (the “Common Elements”). Loral shall maintain a license to
the Deliverable Items related to the Loral Payload in accordance with the Loral Payload Agreement.
ViaSat shall maintain a license to the Deliverable Items related to the ViaSat Payload and Common
Elements in accordance with the Satellite Contract; provided, that, ViaSat hereby grants to Loral a
sublicense (and will provide a copy to Loral) with respect to the Deliverable Items related to the
Common Elements in accordance with its rights to provide sublicenses under the Satellite Contract
(provided that this sublicense shall not be considered a license to Loral to Purchaser Intellectual
Property as such term is defined in the Satellite Contract). Subject to Sections 2.2, 2.3.3 and
2.3.4, ViaSat will make all operational decisions affecting the Common Elements in a fair and
evenhanded manner, having due regard to its interests and the interests of Loral in the health and
functionality of the Satellite and with prior notice to and consultation with Loral in the event of
any such decision that is likely to affect the Loral Payload. Each Party may grant security
interests in and otherwise encumber its portion of the Satellite and the Deliverable Items only in
accordance with Section 13.1. As ViaSat is the owner of the Common Elements, in order to provide
Loral with access to, and use of, the Loral Payload in the event ViaSat or any permitted successor
fails to operate or contract for the operation of the Satellite bus, ViaSat grants to Loral with
effect only upon such failure a non-exclusive license to access and operate the Satellite bus.  
Upon the written request of Loral, ViaSat will acknowledge in favour of a third party the existence
and terms of such non-exclusive license.

2.2. Satellite Oversight

2.2.1 ViaSat may make changes in the design of the Common Elements (subject to this Section
2.2.1 and Section 2.2.2 below) and either Party may at any time and from time to time make changes
in the design of its payload, provided that in each case such changes do not negatively impact: (i)
the scheduled launch date for the Satellite, (ii) the performance of the other Party’s payload,
(iii) the designed operational life of the other Party’s payload or the designed orbital maneuver
life of the Satellite below 15 years, (iv) the designed operation margins available for the Common
Elements or the other Party’s payload or (v) the designed reliability of the Common Elements or the
other Party’s payload in a material manner; provided, that Loral acknowledges and agrees that the
Satellite configuration and design is not complete as of the date hereof and that ViaSat shall
complete the design and configuration of the Satellite in accordance with Section 2.1(B) of the
Satellite Contract in a fair and evenhanded manner, having due regard to its interests and the
interests of Loral in the operation, capacity and functionality of the Satellite. For purposes of
clarification Loral shall not have any authority under the prior sentence to make changes (directly
or indirectly) to any of the Common Elements of the Satellite without ViaSat’s consent, which
consent shall not be unreasonably withheld or delayed (for purposes of clarification only, it shall
be reasonable for ViaSat to withhold consent from Loral making a change to a Common Element of the
Satellite if in ViaSat’s good faith opinion such proposed change would adversely affect the ViaSat
Payload or the Common Elements). All other design changes (including all changes to the Common
Elements) shall be made only in accordance with Section 2.2.2. The Party making a design change to
its payload shall be solely responsible for paying any increases to the Firm Fixed Price (defined
in the Satellite Contract) that result from such change (including changes to the Common Elements
necessitated by the design change made to such Party’s payload). Similarly, the Party making a
design change to its payload(s) shall receive the full benefit of any reductions in the Firm Fixed
Price (as defined in the Satellite Contract) resulting from such change to its payload.

2.2.2 Each Party shall have final decision-making authority with respect to all matters
regarding the construction and operation of the Satellite that solely and exclusively impact its
respective payload, provided that the Parties shall nonetheless keep one another reasonably
informed about such actual and contemplated decisions and provided further that ViaSat shall give
the directions to SS/L under the Satellite Contract contemplated by this Agreement in its capacity
as Purchaser under the Satellite Contract. The Parties shall consult with one another with respect
to all matters regarding the launch of the Satellite and all matters regarding the construction and
operation of the Satellite that involve the Common Elements or otherwise impact the payloads of
both Parties, provided that in the event the Parties fail to reach agreement, ViaSat shall
make the final decision in a fair and evenhanded manner, having due regard to its interests and the
interests of Loral in the health and functionality of the Satellite and a timely launch of the
Satellite. Neither Party shall be liable to the other as a result of delays in the construction of
its respective payload(s) or the Common Elements that occur without breach of this Agreement.

2.2.3 ViaSat agrees to permit SS/L to provide Loral and its designees with the same level of
access to the Work (as defined in the Satellite Contract) as provided to ViaSat under the Satellite
Contract as consistent with the conditions and restrictions as set forth herein; provided, that
ViaSat shall have the right to deny access to any Loral designee who is not a bona fide employee of
Loral, Telesat or one of their subsidiaries to the extent ViaSat has a reasonable, good faith
competitive concern with respect to such designee; provided, further that, prior to any assumption
by Telesat of Loral’s rights and obligations hereunder and under the Loral Payload Agreement,
ViaSat shall have the right to remove employees or designees of Telesat or any of its subsidiaries
from meetings or portions of meetings in the event ViaSat has a reasonable, good faith competitive
concern with respect to such employee or designee with respect to such meetings or portions of
meetings. ViaSat will support Loral’s operation of the Loral Payload by periodically providing (or
providing Loral with access to) such technical information concerning transponder performance,
interference considerations and operation, including, without limitation, expected End of Life, as
Loral may reasonably require, including without limitation (i) real-time processed telemetry for
the Loral Payload, (ii) trend and performance analysis for the Loral Payload, (iii) quarterly
health and status reports for the Loral Payload and all Common Elements of the Satellite, (iv)
information which is customarily contained in health reports provided to insurance underwriters and
(v) reasonable responses to questions posed by insurance underwriters should Loral procure its own
insurance on the Loral Payload. Each Party shall be responsible to the extent of its operational
control over the Satellite for ensuring that its payload is operated in accordance with all
applicable governmental (including licensing) requirements.

	 	 	 	 	 	 	 
	2.3.	 	Responsibilities.
	 	 	 
	
 
	 	 	2.3.1	 	 	(a) RESERVED.

(b) In the event of a termination of the Satellite Contract by ViaSat for convenience, or by
SS/L for ViaSat’s default, (i) Loral shall have the right to terminate this Agreement, and (ii)
ViaSat shall promptly reimburse Loral for all amounts Loral has theretofore paid hereunder and the
Loral Payload Agreement (under the terms of such contract as of the date hereof and not
incorporating any liabilities from future amendments), less any such amounts theretofore refunded
to Loral, whereupon ViaSat shall be subrogated to any rights Loral may have to receive such refunds
in the future, and ViaSat shall be responsible for all termination costs arising under the
Satellite Contract and the Loral Payload Agreement (under the terms of such contract as of the date
hereof and not incorporating any liabilities from future amendments).

(c) In the event ViaSat terminates the Satellite Contract for cause, (i) ViaSat shall have the
right to terminate this Agreement, and (ii) Loral shall be entitled to only such reimbursement as
may be provided under the Loral Payload Agreement and its pro rata share (based on payments it has
theretofore made in respect thereof compared with the total payments made by ViaSat and Loral) of
any amounts actually refunded by the launch services provider and insurance broker or carrier or
any other third party in connection with any termination of Satellite launch and associated
services and Initial Insurance.

2.3.2 ViaSat shall obtain launch and in-orbit operations insurance for the Satellite through
the first anniversary of the launch date (the “Initial Insurance”), and in orbit operations
insurance (at its discretion) for the Satellite after the Initial Insurance and through the End Of
Life (together with the Initial Insurance, “Satellite Insurance”). Loral’s interest in the
Initial Insurance shall be in an amount equal to the Loral Price for the Loral Payload as defined
in Article 3.1; provided that in the event ViaSat is not able to obtain insurance for the entire
Loral Price for the Loral Payload then Loral shall be entitled to obtain supplemental insurance,
and further provided that, in the event that there is not sufficient insurance capacity available
to obtain such supplemental insurance on commercially reasonable terms and conditions, Loral shall
be entitled to participate in any insurance obtained by ViaSat in such proportion so that the
relative insurance for the Loral Payload shall be 15 percent of the amount of the Initial Insurance
and the relative insurance for the ViaSat Payload shall be 85 percent of the amount of the Initial
Insurance. ViaSat shall use commercially reasonable efforts to obtain the Initial Insurance for
the Satellite (including, launch and associated services and insurance premium) on commercially
reasonable terms and conditions, and providing for coverage customary in the satellite insurance
market, provided that the Initial Insurance shall be placed with insurance companies that
are in ViaSat’s good faith opinion financially sound and responsible at the time the relevant
coverage is placed or renewed, and attach at launch and continue in effect until no sooner than one
year after launch, shall be for partial loss, constructive total loss and total loss, including
customary exclusions and shall, with respect to the Loral Payload, include Loral (or its assignee)
and its designee (including any lender and/or collateral agent, with waivers of subrogation
therefor if commercially reasonably available) as named insured and additional insured (and/or loss
payee, if required), respectively, and provided further, that for periods following
the first anniversary of the launch of the Satellite, in the event that ViaSat decides, in its sole
discretion, to procure in-orbit insurance for the Satellite, ViaSat shall offer to obtain in-orbit
insurance on the Loral Payload and timely disclose the available terms and conditions thereof to
Loral, but shall obtain such insurance only if so requested by Loral, and be in an amount confirmed
by Loral, in which event Loral will pay Loral’s proportionate share of the cost thereof. ViaSat
agrees to consult with Loral during the procurement process for the Satellite Insurance. In the
event ViaSat decides not to procure in-orbit insurance on the Satellite or Loral declines ViaSat’s
offer to obtain in-orbit insurance on the Loral Payload, Loral may purchase independent in-orbit
insurance for the Loral Payload; provided, that Loral will remain liable for its applicable
portion of the Initial Insurance, and any portion of the in-orbit insurance purchased for the Loral
Payload at Loral’s request and provided further that Loral shall, in all events, but not
prior to the earlier of (i) forty-five (45) days prior to the expiration of Loral’s existing
insurance for the Loral Payload and (ii) the date on which ViaSat shall have received firm
commitments (using reasonable efforts to do so in a timely manner) from insurers for the Satellite
Insurance it shall have procured and so long as ViaSat is complying with its obligations under this
Section 2.3.2, be entitled to approach the insurance market and purchase, at its own sole cost and
expense, supplemental insurance on the Loral Payload, in addition to any insurance procured (or to
be procured) by ViaSat. In the event Loral purchases independent or supplemental insurance
hereunder, ViaSat shall provide all commercially reasonable assistance and support to Loral with
respect to such insurance procurement. In the event the Satellite suffers a total loss during the
period starting at Intentional Ignition and ending at End of Life and Loral has elected to
participate in such insurance, then ViaSat shall provide to Loral 15% of the net proceeds actually
received from the Satellite Insurance, which shall represent ViaSat’s sole obligation to Loral for
such total loss. In the event the Satellite suffers a partial loss, ViaSat shall provide to Loral
its proportionate share of the net insurance proceeds actually received from the Initial Insurance
and any in-orbit insurance associated with such partial loss, if Loral shall have elected to
participate in such insurance, calculated in accordance with the terms of the insurance as follows:
(1) the Parties will share with respect to any loss that does not disproportionately affect
either the Loral Payload or the ViaSat Payload in the ratio of 15 percent Loral/85 percent ViaSat;
and (2) for losses that disproportionately affect one Party’s payload, the proceeds shall be
adjusted to reflect such disproportionate impact; this shall represent ViaSat’s sole obligation to
Loral for such partial loss, other than the obligations set forth in Sections 2.3.3 and 2.3.4.
Loral shall cooperate in good faith with ViaSat in connection with the procurement by ViaSat of the
Satellite Insurance, including providing any necessary technical or operational information
regarding the Loral Payload. If there shall be a dispute with insurers regarding the Initial
Insurance, or any Satellite in-orbit insurance in which Loral participates as contemplated by this
Section 2.3.2, ViaSat shall not settle any such dispute without first obtaining Loral’s prior
written consent, which consent will not be unreasonably withheld or delayed. For avoidance of
doubt, Loral shall be deemed to have elected to participate in the Initial Insurance.

2.3.3 The following procedure shall be adhered to by ViaSat in the event of a loss of primary
power that impacts the payloads of both Parties:

(i) First, components of the Satellite will be powered down as necessary to protect the
overall health of the Satellite;

(ii) Second, bus components of the Satellite will be powered down to the extent
possible without affecting either Party’s payload or the overall health of the Satellite;

(iii) Third, the Parties will enter into good faith discussions to determine the
required changes to the Satellite’s operation or configuration; and

(iv) In the event that the Parties are unable to mutually agree upon such changes
within forty-eight (48) hours after the relevant loss of primary power, then the residual
amount of primary power required to be shed will be allocated between the payloads of ViaSat
and Loral based on the ratio of the nominal full-power operation of the Parties’ respective
payloads. Such allocation will initially be computed based on the final design specification
for each Parties’ respective payload(s), and shall be subject to adjustment when actual
saturated power and efficiency data is determined during IOT (as defined in the Satellite
Contract). Each Party will determine in its sole judgment the appropriate actions to be
taken with respect to its payload(s) to shed the power allocated to it pursuant to this
Subsection (iv).

2.3.4 The following procedure shall be adhered to by ViaSat in the event of a failure of a
component part on the Satellite for which the redundant spare components are drawn from a pool that
could serve either the Loral or ViaSat payloads: 

(i) First, redundant or spare components of the Satellite will be used taking into
consideration the protection of the overall health of the Satellite;

(ii) Second, subject to clause (iii) below, restoration of a failed component part on
the Satellite by a redundant or spare component on the Satellite shall be done on a first
failed, first restored basis on condition that the redundant or spare component is
technically capable of restoring the failed component and is not already deployed to restore
a failure, provided that, in the event of failures occurring simultaneously or within 24
hours of each other, the redundant or spare component shall first be used to restore the
component on the Satellite which restores the highest amount of the Satellite’s Designed
Payload Capacity; and

(iii) Third, to the extent all redundant or spare components that are technically
capable of restoring a failed component have already been deployed to restore previous
failures, then the redundant and spare components that have been previously assigned shall
be redeployed on terms as shall be agreed by ViaSat and Loral (using their commercially
reasonable efforts within 120 days after the Effective Date); provided that in the event the
Parties are unable to reach agreement on such terms then ViaSat shall redeploy such spare
and redundant components in a fair and evenhanded manner, having due regard to the interests
of ViaSat and of Loral in the health and functionality of the Satellite.

2.4. Ownership of the Common Elements. The Common Elements of the Satellite shall be owned
exclusively by ViaSat.

2.5. Cooperation. Each Party shall cooperate with and assist the other Party from time to
time as required to evidence such Party’s title to its applicable portion of the Satellite,
including executing a certificate of ownership or other documents as may be reasonably requested by
such Party to evidence the title and rights to the Satellite set forth herein.

2.6. Satellite Construction and Operational Decisions. ViaSat shall also be entitled to,
with the consent of Loral, which consent shall not be unreasonably withheld or delayed,
decommission the Satellite without further liability to Loral in the event of the destruction,
total loss or constructive total loss of the Satellite or when the on-board fuel on the Satellite
reaches a level, or any circumstance develops, which in ViaSat’s good faith opinion requires that
the Satellite be de-orbited to safely remove it from geostationary orbit in accordance with
applicable law or prudent and customary industry practice.

2.7. Satellite Resources for Loral Payload. Subject to the terms set forth in this
Section 2, ViaSat shall provide for those satellite resources and functions used for the operation
of both the ViaSat Payload and Loral Payload in a fair and evenhanded manner, having due regard to
the interests of Loral and ViaSat, to permit the Loral Payload to be operated on the Satellite in
accordance with the payload technical specifications for the Loral Payload as provided in the
Satellite Contract from time to time. Loral will have the right to instruct the TT&C provider
directly with respect to the command of the Loral Payload, provided such directions do not affect
the Common Elements or the ViaSat Payload.

2.8. Gateway Sharing. If a ViaSat gateway is configured with excess capacity based on the
Final Configuration (as defined in the Satellite Contract) (“Extra Gateway”), then ViaSat shall
provide written notice to Loral prior to the procurement of Extra Gateway and thereby Loral shall
have the option for a period of 90 days to elect to participate in a sharing arrangement with
ViaSat as described herein for the Extra Gateway (“Gateway Share”). In the event Loral
elects to Gateway Share in accordance with the terms of this paragraph above, then Loral shall have
the right to utilize the excess capacity in the Extra Gateway, upon (i) payment of its pro rata
share (based on the ratio of the capacity to be allocated to Loral to the total capacity of the
Extra Gateway) of the aggregate cost of constructing and testing the Extra Gateway and placing it
in service (including reasonable labor costs and other reasonable expenses of ViaSat in
provisioning such Extra Gateway) and (ii) its written binding commitment to pay its pro rata share,
based on such ratio, of future capital costs of the Extra Gateway and operating and maintenance
expenses of the Extra Gateway from such time forth. In the event Loral elects to Gateway Share in
accordance with the terms above, then ViaSat will operate the Extra Gateway in a fair and
evenhanded manner, having due regard for its and its customers’ interests and the interests of
Loral and its customers. Loral shall maintain reasonable audit rights with respect to the costs
and expenses paid by Loral to ViaSat under this paragraph.

2.9. Branding. For the avoidance of doubt, Loral will not be required to market capacity
on the Loral Payload under the ViaSat name and shall have the right to market such capacity under a
trade name of its own choosing, which need not mention or include the names “ViaSat” or “Leapfrog”.

2.10. Restrictions on Competition. During the term of this Agreement, neither ViaSat nor
any of its affiliates shall market satellite services provided by the Satellite or any Replacement
Satellite (“Competitive Services”) or intentionally use the Satellite or any Replacement
Satellite to provide Competitive Services to user terminals located in Canada; and  none of Loral,
Telesat or any of their respective affiliates shall market Competitive Services or intentionally
use the Satellite or any Replacement Satellite to provide Competitive Services to user terminals
located outside of Canada. The parties acknowledge and agree that the agreements and covenants
contained in this Agreement are reasonable and valid in geographical and temporal scope and in all
other respects, and essential to protect the value each party’s interest in the Satellite and any
Replacement Satellite. Nothing in this Section 2.10 shall constrain either Party from using any
other satellite at any other orbital location to provide satellite services that are competitive
with the Competitive Services.

ARTICLE 3

PAYMENT PLAN

3.1. Loral Price for Loral Payload. Based on a total estimated cost of $400 million for
manufacturing, launching, procuring Initial Insurance, and operating the Satellite for 15 years,
Loral would pay an aggregate price of $60 million, as described in more detail below.

3.1.1 Loral shall pay to SS/L $36.9 million for the Loral Payload portion of the Satellite
(such payment, together with Loral’s share of expenses payable pursuant to Section 3.1.2, the
“Loral Price”) in accordance with the payment plan set forth in the Loral Payload
Agreement.

3.1.2 The Loral Price is based on the following estimated costs: (i) $246 million for the
Satellite (“Satellite Costs”); (ii) $41 million for the Initial Insurance; (iii) $97
million for Satellite launch and associated services (“Launch Costs”) and (iv) $14.7
million for Satellite telemetry, tracking and command services for 15 years (“TT&C Costs”).
Loral shall pay 15% of the actual Launch Costs directly to ViaSat and 15% of the actual costs for
the Initial Insurance directly to ViaSat. ViaSat will be responsible for 85% of the TT&C Costs
provided under the TT&C Agreement, and Loral will be responsible for the remainder.

3.1.3 There shall be no adjustment to the Loral Price hereunder for a price adjustment under
the Satellite Contract due to any capacity adjustment for the ViaSat Payload pursuant to Articles
4.6 and 22.1 of the Satellite Contract. Cost changes under the Satellite Contract resulting from
changes requested by a Party or a Party’s actions or omissions shall be paid as contemplated by
Section 2.2.1. In the event ViaSat makes a change to a Common Element which in its reasonable
opinion is necessary or advisable and such change benefits the Loral Payload proportionately, Loral
will be responsible for fifteen percent (15%) of any increase in the Satellite Cost owed to SS/L
associated with such change to the Common Element(s). Such adjustment will be reflected in an
amendment to this Agreement, and the Payment Plan under the Loral Payload Agreement will be
correspondingly amended.

3.1.4 The Loral Price above does not include in-orbit insurance costs for the Satellite during
the period after the Initial Insurance. In the event ViaSat decides to procure in-orbit insurance
for the Satellite following expiration of the Initial Insurance and Loral elects to cause the Loral
Payload to be included in that coverage, Loral shall pay to ViaSat 15% of the in-orbit insurance
costs for the Satellite for the period ending after the Initial Insurance and continuing with any
subsequent renewals by ViaSat of in-orbit insurance for the Satellite through the End Of Life.

3.1.5 Loral shall also pay 15% of any other actual, reasonable and necessary costs,
liabilities or other payments made by ViaSat associated with constructing, transporting, launching,
operating or maintaining the Satellite to the extent not included in the estimated costs described
above, including in orbit insurance renewals costs (but only if Loral elects to include the Loral
Payload in such insurance coverage) (“Other Costs”), provided that such Other Costs
benefit the Loral Payload proportionately with the ViaSat Payload. ViaSat agrees to advise and
consult with Loral prior to incurring any Other Costs in excess of $1,000,000 in the aggregate, to
provide Loral with a copy of an invoice or other documentation related to the Other Costs prior to
or at the time ViaSat invoices Loral for such costs. For the avoidance of doubt, examples of
Other Costs include, without limitation, storage costs for Satellite in the event of a launch delay
and attorney’s fees required to collect on Satellite Insurance, etc. Examples of expenses that
will not constitute Other Costs include attorney’s fees in connection with the negotiation of this
transaction and advice related hereto, general corporate overhead and executive management of the
Satellite, on site supervision of the manufacture of the Satellite and Satellite monitoring
activities at and following launch.

3.1.6 The Parties will invoice one another for any amounts under this Section 3. ViaSat shall
submit Loral such invoice no earlier than 30 days prior to ViaSat incurring such cost. Loral shall
pay ViaSat in full all such amounts within 30 days of receipt of such invoice. Late payments by
one Party to the other Party shall be subject to the provisions of Section 20.1 below.

ARTICLE 4

REVENUE FROM BEAMS

4.1. Revenues from Beams. Except as set forth in Section 4.2 below, Loral shall be
entitled to all revenues generated from the Loral Payload and ViaSat shall be entitled to all
revenues generated from the ViaSat Payload.

4.2. Revenue Share Transactions.

4.2.1 In the event Loral has not on or before October 31, 2009 assigned this Agreement to
Telesat or a third party or otherwise sold or leased the Loral Payload to Telesat or a third party,
then ViaSat agrees, if so requested by Loral, to contribute to Loral for each of its service
gateway facilities the requisite next-generation hub equipment (SMTS equipment) in consideration
for the list price thereof (the “SMTS Cost”), and thereafter (until the End of Life of the
Satellite) ViaSat shall be entitled to a percentage of the revenues earned by Loral (or any
affiliate of Loral that owns the Loral Payload) from the sale or lease of capacity on the Loral
Payload equal to a fraction, the numerator of which is the SMTS Cost, and the denominator of which
is the sum of (i) the SMTS Cost, (ii) the Loral Price and (iii) the sum of all other capital
expenditures made by Loral and its affiliates in connection with the business in question. In that
event, the parties will enter into appropriate, separate agreements to implement the foregoing.
ViaSat shall maintain reasonable audit rights with respect to the revenue share transaction
described above.

4.3. Exclusivity Provisions. In consideration of ViaSat’s obligations set forth in Section
4.4 below, ViaSat shall through the End of Life of the Satellite remain the sole and exclusive
supplier of end-users broadband terminals (indoor modems and outdoor transceivers, antenna units
and related software) and hub (SMTS) equipment for any two way service operated by a Canadian
Operation (defined below) over the Loral Payload; provided that the terms of this paragraph shall
continue to apply so long as (i) ViaSat remains in the business of the design, manufacture and
distribution of equipment suitable for such applications for Eutelsat or other significant
customers in addition to Loral, (ii) such terminals and equipment are of merchantable quality,
(iii) and such terminals and equipment perform in accordance with final specifications provided to
the Key Distributor (defined below), which shall be generally consistent with the specifications
described on Annex 4.3 attached hereto and ViaSat does not materially breach the contractual
obligations between ViaSat and Loral with respect to such performance specifications (collectively,
the “ViaSat Obligations”). In the event ViaSat is in material breach of the ViaSat
Obligations, the Canadian Operator shall provide notice to ViaSat of such breach and provide ViaSat
no less than 60 days to cure such breach (and an opportunity to arbitrate the matter hereunder)
prior to the ViaSat Obligations terminating.

4.4. Favored Pricing. ViaSat agrees to provide any Person operating (or selling) a two way
broadband service over the Loral Payload (“Canadian Operator”) with the same price (based
on the then-current total price for terminals (indoor and outdoor units together)) being delivered
to the Key Distributor (defined below) for ViaSat’s next generation Surfbeam equipment
(“Equipment”) that is provided to the Key Distributor; provided, that the Canadian Operator
must purchase the Equipment on the same terms and conditions as the Key Distributor, including
warranty terms, delivery lead times, annual maintenance fees, and support levels (but excluding
terms related to the minimum number of aggregate committed terminals). ViaSat agrees to provide
commercially reasonable pricing for any additional terms or items requested by the Canadian
Operator. For purposes of this Agreement, “Key Distributor” means the distributor (and the
pricing and terms of such distributor) selected by the Canadian Operator among the distributors
purchasing Equipment at the time the Canadian Operator first enters into an agreement to purchase
such Equipment from ViaSat. In the event any distributor is purchasing and taking delivery of user
terminals at a lower total terminal price (indoor and outdoor unit together) than the price
provided to the Canadian Operator (the “Improved Distributor’), ViaSat shall inform the
Canadian Operator of such lower price (and the terms under which the Improved Distributor is
purchasing terminals). The Canadian Operator shall then have the right for a reasonable period of
time (no longer than 60 days) to elect to substitute the pricing and terms of the Key Distributor
(for future orders) for the terminal pricing and terms of the Improved Distributor. Thereafter, in
the event there is a new Improved Distributor, then the Canadian Operator shall again maintain the
rights to substitute terminal pricing and terms described above. The terms of this paragraph shall
not apply to limited quantities of terminals provided at discounted (or no cost) pricing that may
be sold or loaned to a potential distributor for testing or demonstration purposes. In the event
ViaSat enters into an agreement with a Key Distributor or Improved Distributor that provides that
such Key Distributor or Improved Distributor is to receive the lowest pricing of any distributor,
then the Canadian Operator agrees that ViaSat can charge a per unit price $1.00 higher to the
Canadian Operator than such distributor.

ARTICLE 5

THE SATELLITE

5.1. Satellite Specifications. Subject to Section 2.2, the Satellite shall have the design
and other specifications as are currently set forth in the Satellite Contract. Loral acknowledges
the final specifications of the Satellite will be determined in accordance with Section 2.1B of the
Satellite Contract.

5.2. Modifications of Loral Payload. Subject to ViaSat’s right to designate the Final
Configuration (defined in the Satellite Contract), the location of the beams associated with the
Loral Payload on the Satellite may be modified by SS/L as requested by Loral prior to January 25,
2008 in accordance with the Satellite Contract. Any costs associated with such
modification, if any, shall be borne solely by Loral.

5.3. ViaSat Actions. Subject to Article 2 hereof, Loral acknowledges that it has reviewed
the Satellite Contract (as in effect as of the date hereof) and agrees to all the terms and
conditions contained therein and that it shall be bound by all actions taken by ViaSat with respect
thereto, and with regard to the selection of the launch services provider (or with regard to the
launch services contract), selection of the broker for insurance for the Satellite (or with regard
to the insurance broker contract), selection of the insurance for the Satellite (or with regard to
the insurance contracts) and other service providers (and other service provider contracts)
associated with the design, construction, testing, launch and operation of the Satellite. ViaSat
will, nonetheless, consult with Loral concerning such actions and will make its decisions in a fair
and evenhanded manner, having due regard to its interests and the interests of Loral in the health
and functionality of the Satellite and the timely launch of the Satellite.

5.4. Limited Representations. Loral acknowledges that:

VIASAT HAS NOT MADE, NOR DOES IT MAKE, ANY REPRESENTATION OR WARRANTY, WHETHER WRITTEN OR
ORAL, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF DESIGN, OPERATION,
CONDITION, QUALITY, SUITABILITY OR MERCHANTABILITY OR FITNESS FOR USE OR FOR A PARTICULAR PURPOSE,
ABSENCE OF LATENT OR OTHER DEFECTS, WHETHER OR NOT DISCOVERABLE, WITH REGARD TO THE SATELLITE OR
ANY OTHER DELIVERABLE ITEM UNDER THE SATELLITE CONTRACT, AND VIASAT HAS NOT MADE ANY WARRANTY WITH
RESPECT TO THE PERFORMANCE OF ANY LAUNCH VEHICLE.

5.5. No Fault. Loral agrees to be bound by the no-fault, no-subrogation inter-party waiver
of liability and related indemnity provisions provided in the Launch Services Agreement and to
cause its contractors and subcontractors at any tier (including suppliers of any kind) that are
involved in any performance of this Agreement and any other person who through Loral has an
interest in the Satellite or any transponder thereon, as required by the Launch Services Agreement,
to accede to such waiver. Loral shall execute and deliver any instrument that may be reasonably
required by the Launch Agency to evidence its agreement to be bound by such waiver. In no event
shall such no-fault, no-subrogation inter-party waiver and related indemnity provisions have any
effect on the rights, obligations, and liabilities of and between Loral and ViaSat under this
Agreement or under the other Transaction Documents, and Loral shall cause Telesat or any other
purchaser of the Loral Payload to be bound by the provisions of this Section.

5.6. Indemnity. (a) Loral shall indemnify, defend, and hold harmless ViaSat, its officers,
directors, shareholders, employees, subcontractors and agents (“ViaSat Indemnitees”) from
and against all liability, damages, losses, claims, demands, actions, judgments and costs,
including legal fees arising from (i) damage to any property, and for injury to or death of any
person, including employees or agents of ViaSat and any third parties, resulting from any willful
misconduct of Loral relating to this Agreement; (ii) any claim of interference with or disruption
of communications caused by any person using, accessing, receiving transmissions or communicating
with the Loral Payload; (iii) claims for libel, defamation, passing off, slander, copyright
infringement, other intellectual property right infringement or other claims relating to the
content of programming, video, data, voice or other material transmitted on, to or from the Loral
Payload; (iv) any claims relating to any warranty or representation made by Loral to a third party;
(v) to the extent permitted by law, any fines, penalties and forfeitures arising out of or relating
to any proceeding against or involving ViaSat Indemnitees arising out of any alleged violation of
any law by Loral, its affiliates, agents or customers; (vi) any claims alleging infringement of any
letters, patent, copyright, trademark or other intellectual property rights caused by the Satellite
or the use or operation thereof.

(b) ViaSat shall indemnify, defend, and hold harmless Loral, its officers, directors,
shareholders, employees, subcontractors and agents (“Loral Indemnitees”) from and against
all liability, damages, losses, claims, demands, actions, judgments and costs, including legal fees
arising from (i) damage to any property, and for injury to or death of any person, including
employees or agents of Loral and any third parties, resulting from any willful misconduct of ViaSat
relating to this Agreement; (ii) any claim of interference with or disruption of communications
caused by any person using, accessing, receiving transmissions or communicating with the ViaSat
Payload; (iii) claims for libel, defamation, passing off, slander, copyright infringement, other
intellectual property right infringement or other claims relating to the content of programming,
video, data, voice or other material transmitted on, to or from the ViaSat Payload; (iv) any claims
relating to any warranty or representation made by ViaSat to a third party; (v) to the extent
permitted by law, any fines, penalties and forfeitures arising out of or relating to any proceeding
against or involving Loral Indemnitees arising out of any alleged violation of any law by ViaSat,
its affiliates, agents or customers; (vi) any claims alleging infringement of any letters, patent,
copyright, trademark or other intellectual property rights caused by the Satellite or the use or
operation thereof.

(c) NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY OR ANY OTHER PERSON OR ENTITY FOR
INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES ARISING OUT OF OR IN
CONNECTION WITH THIS AGREEMENT.

5.7. Action to Protect Satellite. ViaSat shall have sole and exclusive control of
operation of the Satellite, subject to consultation with Loral, and shall exercise its control in a
fair and evenhanded manner, having due regard to its interests and the interests of Loral in the
health and functionality of the Satellite. Notwithstanding anything to the contrary herein, if
circumstances occur which in ViaSat’s reasonable judgment pose a threat to the stable operation or
health of the Satellite, including without limitation any failure of the Satellite to meet its
performance specifications (including but not limited to permanent or recurrent shortage of
electric power or a material breach in the operating or Satellite payload access procedures by
Loral or its designees or customers), ViaSat shall have the right to take any action it reasonably
believes necessary to protect the Satellite, including discontinuance or suspension of operation of
the Satellite, any transponders (including the Loral Payload) without any liability to Loral, its
designees or customers so long as it provides notice to Loral in accordance with the terms of this
paragraph below and proceeds in a fair and evenhanded manner, without discrimination against the
Loral Payload or the customers it serves. ViaSat shall provide Loral as much notice as practical
under the circumstances of any such discontinuance or suspension of operation of the Satellite
payload or the Loral Payload (or portion thereof). Under no circumstances shall ViaSat be
responsible for any loss or damage to Loral, its designees or customers for any action taken by
ViaSat in conformity with this Section 5.7, except to the extent that ViaSat’s actions are not
taken in good faith and result in a disproportionate damage to the Loral Payload or the customers
it serves. Notwithstanding anything to the contrary herein, ViaSat shall operate the Satellite in
accordance with applicable regulations and subject to applicable regulatory authorities.

ARTICLE 6

REPRESENTATIONS AND WARRANTIES OF THE PARTIES

Each of the Parties, as of the date hereof, hereby represents and warrants to the other, as
follows:

6.1. Organization and Standing. It is a corporation duly organized, validly existing and
in good standing under the laws of the place of its incorporation and has all requisite corporate
power and authority to own, lease and operate its properties and to carry on its businesses as now
being conducted, except where the failure to be so organized, existing and in good standing or to
have such power and authority would neither have a material adverse effect on its financial
condition, business or results of operation nor materially impair or delay its ability to
consummate the transactions contemplated hereby (a “Material Adverse Effect”).

6.2. Authority Relative to this Agreement. It has all corporate power and authority to
execute and deliver this Agreement and the other Transaction Documents, and to perform all of its
obligations hereunder and thereunder. Its execution and delivery of this Agreement and the other
Transaction Documents to which it is a party and its performance of its obligations hereunder and
thereunder have been duly authorized by all necessary and proper corporate action. This Agreement
and the other Transaction Documents to which it is a party have been duly executed and delivered by
it and constitute the legal, valid and binding obligations, enforceable against it in accordance
with their terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium and
similar laws relating to or affecting creditors’ rights and subject, as to enforceability, to
general principles of equity (regardless whether enforcement is sought in a proceeding in equity or
at law).

6.3. Noncontravention. Its execution and delivery of this Agreement and the other
Transaction Documents to which it is a party, its performance of its obligations to be performed
hereunder and thereunder and the consummation of the transactions contemplated hereby and thereby
will not (i) contravene or conflict with its charter, by-laws or other organizational documents;
(ii) contravene or conflict with or constitute a violation of any provision of any laws or license
to which it or any of its properties or assets is subject; or (iii) conflict with, result in a
breach of, constitute a default under, result in the acceleration of, cause it to make an offer to
purchase under, create in any Person the right to accelerate, terminate, modify or cancel, require
any notice or give rise to a loss of any benefit under, any contract, lease, lien or other
arrangement to which it is a party or by which is bound or to which any of its properties or assets
is subject or result in the creation or imposition of any liens on any of its assets, other than
any loss of benefit, lien or any other such event which would not have a Material Adverse Effect.

6.4. Governmental Proceeding; Litigation. There is not in effect any judgment, order,
writ, decree, stipulation or injunction by or with any governmental entity to which it or any of
its Affiliates is party or by which it or any of its Affiliates or any properties or assets of any
of the foregoing is bound, and which relates to or affects this Agreement or the transactions
contemplated hereby, and neither it nor any of its Affiliates is party to, engaged in or, to its
Knowledge, threatened with any Action which relates to or affects this Agreement or the
transactions contemplated hereby, and, to its Knowledge, no event has occurred and no condition
exists which could reasonably be expected to result in any such Action. Neither it nor any of its
Affiliates is in default under or with respect to any judgment, ruling, order, writ, decree,
stipulation or injunction of the type described in this Paragraph.

6.5. Lawful Purposes. Each of ViaSat and Loral agrees, and each will require any lessee or
user of the Satellite, including the Loral Payload, to agree to restrict its use of the Satellite
(including the Loral Payload) transmission capacity only for any lawful purpose and agrees to
comply in all material respects with all applicable laws and government regulations. Each party
shall be solely responsible for obtaining all governmental authorizations, and complying with all
applicable governmental regulations, relating to the construction and operation of its respective
payload. Each party acknowledges that governmental licensing for its payload will need to be
coordinated with the governmental licensing of the other Party’s payload, including potentially
requiring an exchange of letters between the licensing administrations, and each Party hereby
agrees to consult and cooperate with the other Party in all reasonable respects in such regard.

ARTICLE 7

REPLACEMENT RIGHTS

7.1. End of Life. In the period beginning fifty (50) months and ending forty (40) months
prior the then-expected End of Life of the Satellite, Loral shall send written notice in good faith
(the date of such notice, the “Replacement Satellite Notice Date”) to ViaSat stating
whether or not it desires to enter into a beam sharing agreement (consistent with the terms hereof)
for any ViaSat replacement satellite (“Replacement Satellite”) to be placed in the 115 WL
or a nearby (within one degree) orbital location (any such location, the “Subject Slot”).
In the event that Loral provides such notice to ViaSat by the Replacement Satellite Notice Date and
ViaSat contracts for a Replacement Satellite in the Subject Slot, ViaSat shall, so long as it does
not (after ViaSat using commercially reasonable efforts to design a payload similar to the Loral
Payload onto such Replacement Satellite) substantively adversely affect the Replacement Satellite
(from a technical, reliability, regulatory and risk perspective), offer to Loral the opportunity to
enter into an arrangement consistent with the terms herein with respect to the Replacement
Satellite, providing Loral with substantially similar rights and benefits to those provided by the
arrangement contemplated hereby, including, without limitation, provisions substantially similar to
this Section 7.1 with respect to Loral’s right to an arrangement consistent with the terms herein
with respect to replacement satellites. In the event ViaSat contracts for the Replacement
Satellite (or replaces a replacement satellite) and ViaSat was unable to place a Loral payload on
such Replacement Satellite because it substantively adversely affected the Replacement Satellite,
Loral shall maintain the right co-locate a Satellite in the Subject Slot and coordinate such
satellite in accordance with the Cooperation Agreement. In the event ViaSat contracts for the
Replacement Satellite (or replaces a replacement satellite) and Loral has not expressed its desire
to enter into an arrangement with ViaSat for the Replacement Satellite by the Replacement Satellite
Notice Date, then Loral shall not be entitled to place a satellite in the Subject Slot for the life
of such satellite and Loral will (at ViaSat’s expense) cooperate as ViaSat shall reasonably
request, in all necessary or appropriate regulatory actions and proceedings to effectuate the
foregoing, including, without limitation, granting ViaSat a sublicense for the life of such
replacement satellite to Loral’s rights to the Subject Slot, as applicable. ViaSat shall have the
initial right to replace the Satellite with the Replacement Satellite (and any additional
replacement satellites) at the Subject Slot but in the event ViaSat elects not contract for the
Replacement Satellite (or any other replacement satellite) at its End of Life, then Loral will have
the right thereafter to place a satellite of its own in the Subject Slot, and ViaSat
will (at Loral’s expense) cooperate as Loral shall reasonably request, in all necessary or
appropriate regulatory actions and proceedings to effectuate the foregoing, including, without
limitation, granting Loral a sublicense for the life of such replacement satellite to ViaSat’s
rights to the Subject Slot, as applicable. For the avoidance of doubt, the Parties agree that the
Parties’ rights with respect to replacement satellites in the Subject Slot are not limited to the
first replacement satellite, but shall apply to all replacement satellites, and that similarly,
Loral’s right to place its own satellite in the Subject Slot shall apply not only to ViaSat’s
election not to contract for a Replacement Satellite, but to all follow-on replacement satellites
that are thereafter placed in the Subject Slot.

7.2. Replacement Right. If, after reasonable consultation, ViaSat and Loral are unable to
reach agreement concerning the terms and conditions of their joint financial participation in a
satellite to replace the Satellite before the end of its useful life, ViaSat shall have the right
(but not the obligation) to purchase the Loral Payload from Loral (at no cost) and replace the
Loral Payload with an alternative payload on an alternate satellite (“Alternate Satellite”)
with equal or better capacity and coverage as the Loral Payload (“Substitute Payload”) with
reasonably minimal interruption in service or changeover costs to Loral or its customers. ViaSat
shall provide the Substitute Payload for use by Loral through the projected End of Life of the
Satellite (“Original Satellite Life”) at no additional cost to Loral on terms and
conditions that preserve for Loral benefits equivalent to those contemplated by this Agreement,
including without limitation its rights under Section 7.1. ViaSat shall provide Loral with access
to the Substitute Payload for the life of the Alternate Satellite beginning after the Original
Satellite Life (such period referred to herein as the “Follow On Period”) on terms and
pricing consistent with Article 3 above, with appropriate reduction in price to reflect the shorter
duration of the Follow On Period. Loral shall (at ViaSat’s expense) cooperate, as ViaSat shall
reasonably request, in all necessary or appropriate regulatory actions and proceedings to
effectuate the foregoing.

ARTICLE 8

REASONABLE CHANGES

8.1. ViaSat Reasonable Changes. ViaSat agrees to negotiate in good faith and use
reasonable efforts to amend the terms of this Agreement as may be reasonably requested by Loral to
accommodate Loral in its assignment of the terms of this Agreement and/or the sale of the Loral
Payload.

8.2. Loral Reasonable Changes. Loral agrees to negotiate in good faith and use reasonable
efforts to amend the terms of this Agreement as may be reasonably requested by ViaSat to
accommodate ViaSat in obtaining investments for the business operated with the ViaSat Payload.

ARTICLE 9

RESERVED

ARTICLE 10

RESERVED

ARTICLE 11

RESERVED

ARTICLE 12

EFFECTIVE DATE OF THIS AGREEMENT

This Agreement shall become effective on the date (the “Effective Date”) set forth on the
signature page hereof.

ARTICLE 13

PLEDGES

13.1. Rights to Pledge. Each Party shall have the right to pledge, mortgage, charge, grant
any security interest in, or otherwise encumber all or part of its interest in its respective
payload (and, in the case of ViaSat, the Common Elements), Deliverables, work-in-process under the
Satellite Contract and such Party’s rights under this Agreement and the agreements contemplated
hereby, provided that:

(a) such Party shall remain liable for all obligations hereunder;

(b) the encumbrance shall be subject to any necessary approvals or restrictions of any
relevant governmental authority or telecommunications administration; and

(c) any financing by Loral of the Loral Payload shall be structured so as not to interfere
with or preclude any financing by ViaSat of the other portions of the Satellite and shall include
intercreditor arrangements on terms reasonably satisfactory to ViaSat and its creditors that shall
facilitate such financing by ViaSat, provided that, subject to the foregoing, ViaSat shall work
cooperatively with Loral and Telesat and use reasonable efforts to accommodate their current and
planned financing requirements with respect to the Loral Payload; and

(d) satisfactory arrangements as agreed between the Parties (including a Party’s lenders)
shall have been made to recognize and protect the rights of the other Party and its lenders under
this Agreement and the Transaction Documents.

Each of the Parties acknowledges and agrees that the other Party, in the course of the negotiation
of this Agreement, used all commercially reasonable efforts to avoid any restriction on its ability
to pledge its assets for any purpose, and that those negotiations resulted in the foregoing
provisions.

ARTICLE 14

RESERVED

ARTICLE 15

RELATIONSHIP OF THE PARTIES

15.1. No Partnership. The rights and obligations of the Parties hereunder shall be
individual, not joint or collective. It is not the intention of the Parties to create, nor shall
this be deemed or construed to create a partnership, joint venture, association or trust, or as
authorizing any Party to act as an agent, servant or employee for any other party for any purpose
except as explicitly set forth herein.

ARTICLE 16

TAXES

ViaSat shall be responsible for the payment of any and all sales, use, gross receipts, excise
and other taxes (collectively “Taxes”) assessed solely and exclusively on the construction,
use and operation or addition of value to its payload on the Satellite, and ViaSat shall indemnify
Loral from any such Taxes. Loral shall be responsible for the payment of any and all Taxes assessed
solely and exclusively on the construction, use and operation or addition of value to the payload
on the Satellite, and Loral shall indemnify ViaSat from any such Taxes. The Parties shall share
responsibility (ViaSat 85% and Loral 15%) for any and all Taxes assessed on the construction, use
and operation or addition of value to any and all Common Elements, and each Party shall indemnify
the other Party from its respective portion of such Taxes.

ARTICLE 17

ENTIRE AGREEMENT, TRANSACTION DOCUMENTS

17.1. Transaction Documents. The Parties agree and acknowledge that the following
agreements are being entered into contemporaneously herewith (such agreements, the “Transaction
Documents”):

(a) the Satellite Contract

(b) the Loral Payload Agreement

(c) the TT&C Agreement

(d) the Option Agreement

(e) the Cooperation Agreement

17.2. Entire Agreement. This Agreement and the other Transaction Documents together
constitute the entire agreement and understanding between the Parties in connection with the
transactions hereby contemplated. The Transaction Documents supersede all previous agreements,
arrangements and understandings between the Parties with regard to such transaction which shall
cease to have any further force or effect. No Party is entering into any of the Transaction
Documents or any of the arrangements hereby contemplated in reliance upon any representation,
warranty or undertaking which is not expressly set out or referred to in any of the Transaction
Documents.

ARTICLE 18

TERMINATION

18.1. Termination. Unless terminated sooner pursuant to this Section 18, this Agreement
shall continue in full force and effect until the end of life of the last replacement satellite
placed in the Subject Slot pursuant to Section 7.1. This Agreement may be terminated as follows:

(a) By mutual written agreement of the Parties;

(b) By either Party by written notice to the other and in accordance with Article 20 hereof in
the event of a default by the other Party provided such default meets the requirements stated in
said Article 20; and

(c) By either Party by written notice to the other if the other Party becomes insolvent,
enters into a general suspension of payments, bankruptcy, makes a general assignment for the
benefit of creditors, admits in writing its inability to pay debts as they mature, suffers or
permits the appointment of a receiver for substantially all of its business or assets, or avails
itself of or becomes subject to any other judicial or administrative proceeding that relates to
insolvency or protection of creditors’ rights (each an “Insolvency Event”). In the event
Loral has an Insolvency Event, then ViaSat shall have a right of first refusal or option to
purchase the Loral Payload on the same terms and conditions as may be offered to any third party in
a sale of such Party’s assets, including any auction or liquidation sale.

18.2. Effect of Termination. Termination of this Agreement shall not affect: (i) either
Party’s obligations under any other Transaction Document; or (ii) either Party’s obligations
pursuant to Articles 2, 5.6, 5.7, 13, 15, 16 and 22-25 of this Agreement, which obligations shall
expressly continue for so long as both Parties possess an economic interest in the Satellite, and
Alternate Satellite, or a replacement satellite contemplated by Section 7.1, as the case may be.

ARTICLE 19

FORCE MAJEURE

19.1. Force Majeure. Neither Party shall be liable for nonperformance or delays in
performance when caused by acts or events which are beyond the reasonable control of the delayed
Party, including but not limited to the following: acts of God, acts of the public enemy, acts
government in its sovereign (and not contractual) capacity, strikes or other labor disturbances,
hurricanes, earthquakes, fires, floods, epidemics, embargoes, war, and riots (“Force
Majeure”). In the event of any such delay, the date of delivery or of performance of the
obligation affected by the force majeure event shall be extended for a period equal to the effect
of time lost by reason of the delay.

19.2. Notice. A Party claiming delay in delivery or performance due to an event of Force
Majeure as set forth herein shall as soon as practicable send written notice thereof and a
statement of particulars to the other Party. Upon the cessation of the Force Majeure event, the
Party claiming delay in delivery or performance of its obligations hereunder shall promptly notify
the other Party of such cessation.

19.3. Affected Party. The Party affected shall take appropriate measures to minimize or
remove the effects of the event of Force Majeure and, within the shortest time possible, shall
attempt to resume performance of the obligations affected by the event of force majeure.

19.4. Mitigation Duty. Each Party shall use its reasonable efforts to minimize the losses
and damages caused and/or to be caused to the other Party by an event of Force Majeure. Both
Parties shall consult as soon as possible to find an appropriate solution.

ARTICLE 20

DEFAULT

20.1. Monetary Default. Should either ViaSat or Loral fail to make timely payment of any
amount required to be paid to the other Party hereunder in accordance with the provisions defined
herein, and such failure to pay shall have continued for a period of 60 days, the Party in breach
shall pay interest to the other Party at the 30-day LIBOR rate plus three percent (3%) per annum in
respect of the amounts in arrears. Such interest shall be calculated on a daily basis from the
date payment was due until the date payment is received by the non-breaching Party. Should the
Party in breach continue to fail to make such payment for a period of nine (9) months in the
aggregate, then in addition to the interest amount due from the breaching Party, the other Party
shall have the right to terminate this Agreement and to claim damages from the Party in breach in
accordance with the provisions of Paragraph 20.3 hereof.

20.2. Non-Monetary Default. Should either ViaSat or Loral fail to cure a material breach
of any provisions of this Agreement (other than provisions regarding payment of monies, which are
provided for in Paragraph 20.1 above) within forty-five (45) days after receipt of written notice
from the other Party outlining such breach, then the other, non-breaching Party shall have the
right to terminate this Agreement and to claim damages from the Party in breach in accordance with
the provisions of Paragraph 20.3 hereof.

20.3. Indemnification. If the other Party suffers any cost, liability or loss as a direct
result of a material breach of this Agreement by any Party, and such breach shall not have been
cured by such Party within forty-five (45) days from receipt of notice of breach, the Party in
breach shall indemnify and hold the non-breaching Party harmless in respect of any such cost,
liability or loss; provided always, however, that in no event shall a Party be liable under any
theory of tort, contract, strict liability, or other legal or equitable theory, for any indirect,
special, incidental, or consequential loss or damage (including without limitation, loss of profit
or business opportunity).

ARTICLE 21

CONFIDENTIALITY

21.1. Press Release. No press release, announcement or disclosure to a third party
concerning the transactions contemplated hereby will be made by any Party hereto without the prior
consent of the other Party hereto, except as such release, announcement or disclosure may be: (a)
required by law or the rules of any applicable securities exchange; (b) necessary to be made to a
Party’s lenders for financing purposes provided that such lenders agree to maintain the
confidentiality of any such disclosed information on customary and reasonable terms; or (c) is or
becomes publicly known, otherwise than as a consequence of a breach of this Agreement.

21.2. NDA. The Parties have executed a Confidentiality Agreement dated March 8, 2006 (as
amended on April 27, 2007) covering disclosure of information that may be made in connection with
the Parties’ performance under this Agreement and the Transaction Documents. The rights and
obligations thereunder shall apply to all such proprietary information disclosed in the
implementation or performance of this Agreement.

ARTICLE 22

ASSIGNMENT

22.1. General Assignment. This Agreement shall be binding upon and shall inure to the
benefit of the Parties hereto and their respective successors and permitted assigns. Loral may
assign its rights and obligations hereunder in part or whole without the consent of the other Party
so long as the relevant assignee entity expressly assumes all of the assigning Party’s rights and
obligations hereunder; provided, that such assignee shall also agree to be bound and act in
accordance with the terms of the Cooperation Agreement; provided, further that such assignee shall
not be entitled to the benefits and rights set forth in Sections 4.4 or 7 without the prior written
consent of ViaSat (such consent not to be unreasonably withheld). ViaSat hereby provides prior
written consent for Loral to assign this Agreement to Telesat as long as Telesat expressly assumes
all of Loral’s rights and obligations hereunder. Neither Party shall provide any technical
information related to the Satellite to any third party (including Affiliates) unless and until
such third party executes a confidentiality agreement with the other Party with such terms as such
other Party reasonably determines are appropriate for such third party, and the provision of such
technical information complies with ITAR. Neither Party shall transfer its interest in the
Satellite to any party who does not assume such Party’s obligations hereunder. No assignment of
this Agreement shall relieve the assigning Party of its financial obligations hereunder, except
that an assignment of this Agreement by Loral to Telesat or any other entity with a credit rating
on senior debt of B2 or better from Moody’s (or the equivalent) shall so relieve Loral, and an
assignment of this Agreement by ViaSat to a wholly-owned subsidiary of ViaSat or ViaSat
majority-owned or controlled joint venture formed to own and operate the Satellite and conduct its
business or any other entity with a credit rating on senior debt of B2 or better from Moody’s (or
the equivalent), in connection with the transfer of ViaSat’s interest in the Satellite to such
entity shall so relieve ViaSat. These provisions shall apply to successive assignments of this
Agreement. References to a Party following an assignment permitted hereunder shall, following such
assignment, refer to such Party’s assignee. In the event that Loral assigns its rights and
obligations pursuant to this Article 22.1 to Telesat or another non-U.S. entity, ViaSat agrees that
it shall use commercially reasonable efforts to obtain all permits, consents, approvals, or
licenses that may be required by the United States Federal Communications Commission, Department of
State Directorate of Defense Trade Controls, or the Department of Commerce Bureau of Industry and
Security, or other relevant United States government or regulatory agency, for the performance of
its obligations hereunder to the assignee, and, in particular, to authorize ViaSat to provide such
technical data or defense services to the assignee concerning the Satellite and its operations
sufficient for ViaSat to satisfy its obligations under this Agreement. It is understood and agreed
that ViaSat shall have the right to assign this Agreement as otherwise permitted by this Section
22.1 excluding ViaSat’s rights and obligations under Sections 4.2, 4.3 and 4.4, provided
that ViaSat shall remain fully responsible for the obligations so excluded from assignment;
provided further that in the event ViaSat partially assigns this Agreement in
accordance with the foregoing clause, the parties will enter into appropriate, separate agreements
reflecting such partial assignment.

22.2. Security Interests. Either Party may assign its rights under this Agreement without
the consent of the other Party as security and, subject to Section 13.1, otherwise grant security
interests in its rights hereunder to lenders that provide financing to such Party, and the other
Party agrees to consent to such assignment in a form reasonably requested by the first Party and
any lenders and/or investors providing financing to ViaSat.

ARTICLE 23

GOVERNING LAW

23.1. Governing Law. This Agreement will be governed by and construed in accordance with
the laws of the State of California without giving effect to the choice of law principles therein.

ARTICLE 24

DISPUTE RESOLUTION

24.1. Arbitration. The Parties shall use reasonable efforts to settle all disputes by
mutual agreement. Prior to the institution of any arbitration claims, the Parties shall use
reasonable efforts to settle all disputes arising out of or in connection with the interpretation,
performance, or nonperformance by either Party of its obligations under this Agreement. If a
dispute is not settled within thirty (30) days after notification by one Party to the other that a
dispute exists, the dispute shall be referred to and finally resolved by arbitration as provided by
this Section.

The arbitration shall be administered by the American Arbitration Association (the
“AAA”), in accordance with the AAA Arbitration Rules as modified by this Agreement. The
cost of arbitration, including the fees and expenses of the arbitrator or arbitrators, shall be
shared equally by the Parties unless the award otherwise provides. Each Party shall bear its own
attorneys’ fees and costs associated with the arbitration. The arbitration award shall be final
and binding upon the Parties, not subject to appeal to the extent that said waiver may be validly
made, and carried out without delay by them. Judgment on the award may be entered in any court of
competent jurisdiction. The arbitration shall take place in Denver, CO and be conducted in the
English language. The arbitrators shall determine the matters in dispute in accordance with the
laws of California.

Disputes shall be administered by a panel of three (3) arbitrators, one of whom shall be
selected by each of the Parties and the third of whom shall be selected jointly by the first two
arbitrators. All arbitrators shall: (a) have no relationship to any of the Parties; and (b) be
practicing attorneys or judges with experience in international commercial agreements or
communications matters. The arbitral panel shall permit the Parties to conduct discovery of each
other’s books, records and witnesses, including the taking of depositions and the answering of
interrogatories.

Notwithstanding the foregoing, a party may obtain preliminary or temporary injunctive relief,
including specific performance, at any time from a court of competent jurisdiction where
irreparable harm to that party is threatened by another party’s acts or omissions; provided,
however, that requests for permanent injunctive relief shall be arbitrated pursuant to the process
set forth above. Pending final resolution of any dispute (including the informal dispute
resolution process and litigation), each party hereunder shall perform all its obligations under
this Agreement.

ARTICLE 25

NOTICES

25.1. Notices. All notices regarding technical or operational matters requiring immediate
attention will be given by telephone followed within a reasonable period of time by written
notification by facsimile or electronic mail transmission and shall be deemed to be received upon
actual contact with the specified contact person by telephone or upon confirmation of a facsimile
or electronic mail transmission. All other notices and requests will be in writing delivered to
the address(es) set forth below and shall be deemed to be received upon actual delivery by a
recognized courier service or personal delivery or upon confirmation of a facsimile or electronic
mail transmission:

If to Loral, to:

Avi Katz, General Counsel

600 Third Avenue

New York, New York 10016

If to ViaSat, to:

Keven Lippert

Vice President, General Counsel

6155 El Camino Real

Carlsbad, CA 92009

Either Party may by notice in accordance with this Section change the person or address to which
such notices, requests or other communications are to be given.

ARTICLE 26

MISCELLANEOUS

26.1. Headings. The headings in this Agreement and the annexes hereto are inserted for
convenience of reference only and shall not constitute a part hereof.

26.2. Severability. Any provision of this Agreement which is invalid or unenforceable in
any jurisdiction shall be ineffective to the extent of such invalidity or unenforceability without
invalidating or rendering unenforceable the remaining provisions hereof, and any such invalidity or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in
any other jurisdiction.

26.3. Expenses. Except as specifically provided otherwise in this Agreement, the Parties
hereto shall pay all of their own expenses relating to the transactions contemplated by this
Agreement, including, without limitation, the fees and expenses of their respective counsel,
accountants and financial advisors.

26.4. Amendment. No variation or amendment of this Agreement shall be valid unless it is
in writing and signed by or on behalf of both Parties to this Agreement.

26.5. Waivers. No failure or delay by any Party in exercising any right or remedy provided
by law under or pursuant to this Agreement shall impair such right or remedy or be construed as a
waiver or variation of it or preclude its exercise at any subsequent time and no single or partial
exercise of any such right or remedy shall preclude any other or further exercise of it or the
exercise of any other right or remedy.

26.6. Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original and all of which together shall constitute one and the same
document.

26.7. Survival of Obligations. The obligations of the Parties under this Agreement which
by their nature logically would be expected to survive termination, cancellation, or expiration of
this Agreement shall survive termination, cancellation, or expiration of this Agreement for the
applicable time period specified in such section or, if no time period is specified, for a
reasonable period of time under the circumstances.

1

THIS AGREEMENT HAS BEEN SIGNED THIS 11th DAY OF JANUARY, 2008.

	 	 	 
	VIASAT, INC.

/s/ Keven K. Lippert

	 	LORAL SPACE & COMMUNICATIONS, INC.

/s/ Janet T. Yeung
	 

	 	 
	By: Keven K. Lippert

Title: Vice President and General Counsel

	 	By: Janet T. Yeung

Title: Vice President and Assistant Secretary

2

SCHEDULE 1

DEFINITIONS

In this Agreement the terms set forth hereinafter shall have the meanings defined in this Article:

“Action” means any action, suit or proceeding at law or in equity, arbitration,
inquiry, investigation or governmental, administrative, regulatory or other proceeding by or before
any governmental entity.

“Affiliate” means, with respect to any Person, any other Person directly or indirectly
controlling, controlled by or under common control with such Person. For purposes of the
immediately preceding sentence, the term “control” (including, with correlative meanings, the terms
“controlling”, “controlled by” and “under common control with”), as used with respect to any
Person, means the possession, directly or indirectly, of the power to direct or cause the direction
of the management and policies of such Person, whether through ownership of voting securities, by
contract or otherwise.

“Agreement” means this agreement (including the Schedules and Annexes hereto), as the
same may be amended, modified or supplemented from time to time in accordance with its terms.

“Confidentiality Agreement” means the confidentiality agreement entered into by ViaSat
and Loral on March 8, 2006 (as amended on April 27, 2007).

“Effective Date” shall have the meaning set forth in Article 12 hereof.

“End of Life” means the earlier of (i) the destruction, total loss or constructive
total loss of the Satellite,, and (ii) the date on which the actual orbital maneuver life of the
Satellite achieves its de-orbit threshold in accordance with applicable law or prudent and
customary industry practice.

“Knowledge” means actual knowledge after reasonable inquiry and investigation.

“Launch Agency” means the provider responsible for conducting the launch services for
the Satellite pursuant to the Launch Services Agreement.

“Launch Services Agreement” or “LSA” means the contract entered into by ViaSat
with a Launch Agency, which contract provides for launch services for the Satellite, as such
contract may be amended from time to time in accordance with its terms.

“LIBOR” means the rate of interest per annum, at any relevant time, at which thirty
(30) day U.S. dollar deposits are offered at such time in the London interbank market.

“Orbital Slot” means the geostationary orbital slot located at 115oW.L.

“Party” and “Parties” refers to ViaSat and Loral, and their respective
permitted successors and assigns hereunder.

“Person” means any individual, partnership, joint venture, trust, corporation, limited
liability entity, unincorporated organization or other entity (including a governmental entity).

“Satellite” means the SS/L satellite designated as ViaSat-1 and to be built and
delivered by SS/L to ViaSat pursuant to the Satellite Contract.

“SS/L” shall have the meaning set forth in the preamble to this Agreement.

“Subsidiary” of a specified Person means any corporation or other entity of which
securities or other ownership interests having ordinary voting power to elect a majority of the
Board of Directors or other Persons performing similar functions are directly or indirectly owned
by such Person.

“Term” means the term of this Agreement, beginning as of the Effective Date and
terminating on the Satellite End of Life date or such other date as mutually agreed by the Parties.

“TT&C” means telemetry, tracking and command.

3EX-10.2

OPTION AGREEMENT

THIS OPTION AGREEMENT is dated as of the 11th day of January, 2008 by and between
Telesat Canada, a Canadian corporation (“Telesat”) and Loral Space & Communications Inc., a
corporation organized and existing under the laws of the State of Delaware (“Loral“).

WHEREAS, ViaSat, Inc., a corporation organized and existing under the laws of the State of
Delaware (“ViaSat”) and Space Systems/Loral, Inc., a Delaware corporation and an indirect,
wholly-owned subsidiary of Loral (“SS/L”) have entered into a Contract, dated as of January 7
2008, for the construction, testing and purchase of the ViaSat-1 satellite (the “Satellite
Contract”); and

WHEREAS, Loral and ViaSat have entered into a Beam Sharing Agreement, dated the date hereof
(such agreement, as may be amended, modified or supplemented from time to time, the “Beam
Sharing Agreement”), contemplating a beam sharing arrangement between ViaSat and Loral for the
Satellite (such term, like other capitalized terms used herein without definition being used as
defined in the Beam Sharing Agreement); and

WHEREAS, Loral and SS/L have entered into a Loral Payload Agreement, dated the date hereof
(such agreement, as may be amended, modified or supplemented from time to time, the “Loral
Payload Agreement”), with respect to the Loral Payload; and

WHEREAS, Loral, Telesat and ViaSat have entered into a Cooperation Agreement, dated the date
hereof (the “Cooperation Agreement”), pursuant to the terms of such agreement Telesat will
make the orbital location at 115 degrees W.L. available to the Satellite and its replacement
satellites; and

WHEREAS, Loral wishes to grant to Telesat the right and option (the “Option”) to
assume and succeed to the rights and obligations of Loral under the Beam Sharing Agreement and the
Loral Payload Agreement;

NOW, THEREFORE, in consideration of the foregoing premises and of the mutual representations,
warranties, covenants and agreements hereinafter contained, the Parties hereby agree as follows:

ARTICLE I.

OPTION TERMS

Section 1.1. Grant of Option. Telesat shall have the right and option, at its
election, by written notice to Loral accompanied by payment of the Option Price (as defined below)
to cause Loral to assign to Telesat all of Loral’s rights under the Beam Sharing Agreement and the
Loral Payload Agreement, whereupon Telesat will assume all of Loral’s obligations thereunder. This
Option will expire at the close of business on October 31, 2009 (the “Expiration Date”).

Section 1.2. Exercise Price. The “Option Price” shall equal the sum of (a)
the amounts paid by Loral pursuant to the Beam Sharing Agreement and the Loral Payload Agreement
(whether paid to ViaSat, SS/L, the launch services provider or insurance broker) on or prior to the
date Telesat exercises its option plus (b) a premium equal to (i) $6,000,000 if the option is
exercised prior to the close of business on April 30, 2008 and (ii) $9,000,000 if the option is
exercised thereafter but prior to the Expiration Date plus $400,000 per month for each full
calendar month that elapses in 2009 (pro rata for partial months). For avoidance of doubt, the
maximum Option Price contemplated hereby (if the Option is exercised on October 31, 2009) is
$13,000,000.

Section 1.3. Failure to Exercise. In the event that the Option is not exercised on or
prior to the Expiration Date, Telesat shall, at Loral’s request, transfer to Loral or its designee,
Telesat’s license rights from the Isle of Man Government or Mansat Limited to the 115 degree W.L.
orbital position (the “License Rights”), and assign to Loral or its designee all of
Telesat’s rights under the Cooperation Agreement related to the foregoing, whereupon Loral will
assume all of Telesat’s obligations related to the License Rights and Telesat’s related obligations
under the Cooperation Agreement (which shall for clarification, not include the obligation under
Section 1.1 of the Cooperation Agreement).

Section 1.4. Beam Sharing Agreement and Loral Payload Agreement. Loral shall not
amend the terms of the Beam Sharing Agreement or the Loral Payload Agreement prior to the
Expiration Date without Telesat’s prior written consent, with such consent not to be unreasonably
withheld or delayed.

ARTICLE II.

PURCHASE PRICE

Section 2.1. Purchase Price of Option. For and in consideration of the grant of the
Option contemplated hereby, Telesat is entering into the Cooperation Agreement and agrees to pay
over to Loral all of the fees it receives under the TT&C Agreement, other than the initial fee
payable pursuant to Section 4.1(a) thereof, when and as received from ViaSat or its assignee
thereunder.

ARTICLE III.

TERMINATION

Section 3.1. Termination. This Agreement shall terminate automatically upon
termination of the Satellite Contract.

ARTICLE IV.

ASSIGNMENT

Section 4.1. General Assignment. This Agreement shall be binding upon and shall inure
to the benefit of the Parties hereto and their respective successors and permitted assigns.
Telesat may assign its rights and obligations hereunder (other than its obligations under Sections
1.3 and 2.1, with respect to which Telesat shall remain liable, notwithstanding any such
assignment) to a third party (the “Assignee”) provided that (i) the Assignee shall have a
credit rating on senior debt of B2 or better from Moody’s (or the equivalent); (ii) the Assignee
shall enter into an agreement with Loral and Telesat reasonably satisfactory to Loral pursuant to
which it expressly assumes all of the Telesat’s other rights and obligations under this Agreement
and agrees that upon exercise of the Option, it will assume the obligations of Loral under the Beam
Sharing Agreement and the Loral Payload Agreement and, without limitation, will thereafter act in
accordance with the Cooperation Agreement ; (iii) Telesat shall continue to perform its obligations
under the Cooperation Agreement and (iv) Telesat shall enter into an agreement with Loral,
reasonably satisfactory to Loral, confirming the foregoing. No assignment of this Agreement by
Telesat will relieve Telesat of any of its obligations under the TT&C Agreement or vitiate any of
the rights of ViaSat under the proviso to the second sentence of Section 22.1 of the Beam Sharing
Agreement.

Section 4.2. Security Interests. Either Party may assign its rights under this
Agreement without the consent of the other Party as security and otherwise grant security interests
in its rights hereunder to lenders that provide financing (including hedging and cash management
obligations) to such Party or its affiliates, and the other Party agrees to consent to such
assignment in a form reasonably requested by the first Party and any lenders and/or investors
providing such financing.

ARTICLE V.

GOVERNING LAW

Section 5.1. Governing Law. This Agreement will be governed by and construed in
accordance with the laws of the State of California without giving effect to the choice of law
principles therein.

ARTICLE VI.

NOTICES

Section 6.1. Notices. All notices regarding technical or operational matters requiring
immediate attention will be given by telephone followed within a reasonable period of time by
written notification by facsimile or electronic mail transmission and shall be deemed to be
received upon actual contact with the specified contact person by telephone or upon confirmation of
a facsimile or electronic mail transmission. All other notices and requests will be in writing
delivered to the address(es) set forth below and shall be deemed to be received upon actual
delivery by a recognized courier service or personal delivery or upon confirmation of a facsimile
or electronic mail transmission.:

If to Loral, to:

Avi Katz, General Counsel

600 Third Avenue

New York, New York 10016

If to Telesat, to:

Jennifer Lecour, General Counesl

1601 Telesat Court

Gloucester, Ontario K4m 1C5

Either Party may by notice in accordance with this Section change the person or address to
which such notices, requests or other communications are to be given.

ARTICLE VII.

MISCELLANEOUS

Section 7.1. Headings. The headings in this Agreement and the annexes hereto are
inserted for convenience of reference only and shall not constitute a part hereof.

Section 7.2. Severability. Any provision of this Agreement which is invalid or
unenforceable in any jurisdiction shall be ineffective to the extent of such invalidity or
unenforceability without invalidating or rendering unenforceable the remaining provisions hereof,
and any such invalidity or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.

Section 7.3. Expenses. Except as specifically provided otherwise in this Agreement,
the Parties hereto shall pay all of their own expenses relating to the transactions contemplated by
this Agreement, including, without limitation, the fees and expenses of their respective counsel,
accountants and financial advisors.

Section 7.4. Amendment. No variation or amendment of this Agreement shall be valid
unless it is in writing and signed by or on behalf of both Parties to this Agreement.

Section 7.5. Waivers. No failure or delay by any Party in exercising any right or
remedy provided by law under or pursuant to this Agreement shall impair such right or remedy or be
construed as a waiver or variation of it or preclude its exercise at any subsequent time and no
single or partial exercise of any such right or remedy shall preclude any other or further exercise
of it or the exercise of any other right or remedy.

Section 7.6. Counterparts. This Agreement may be executed in one or more counterparts
(including by facsimile), each of which shall be deemed an original and all of which together shall
constitute one and the same document.

Section 7.7. Survival of Obligations. The obligations of the Parties under this
Agreement which by their nature logically would be expected to survive termination, cancellation,
or expiration of this Agreement shall survive termination, cancellation, or expiration of this
Agreement for the applicable time period specified in such section or, if no time period is
specified, for a reasonable period of time under the circumstances.

Section 7.8. Schedules and Annexes. The Schedules and Annexes to this Agreement shall
form part of this Agreement.

Section 7.9. Entire Agreement. This Agreement and the other Transaction Documents
together constitute the entire agreement and understanding between the Parties in connection with
the transactions hereby contemplated. The Transaction Documents supersede all previous agreements,
arrangements and understandings between the Parties with regard to such transaction which shall
cease to have any further force or effect. No Party is entering into any of the Transaction
Documents or any of the arrangements hereby contemplated in reliance upon any representation,
warranty or undertaking which is not expressly set out or referred to in any of the Transaction
Documents.

1

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first
above written.

	 	 	 
	LORAL SPACE & COMMUNICATIONS INC.

	By:

	 	/s/ Janet T. Yeung
	
 
	 	 

	 	 	Name: Janet T. Yeung

Title: Vice President and Assistant Secretary

	 	 	 
	TELESAT CANADA

	By:

	 	/s/ Jennifer Lecour
	
 
	 	 

	 	 	Name: Jennifer Lecour

Title: Vice President and General Counsel

2

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