Document:

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[LOGO]                                                  Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996
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                                                                    Exhibit 10.7
                                                                    ------------

                                   AGREEMENT

                                    for the

                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

INTRODUCTION
------------

EarthWatch Incorporated, a corporation organized and existing under the laws of
the State of Delaware, having an office at 1900 Pike Road, Longmont, Colorado
80501 (hereinafter referred to as "EarthWatch") and Eastman Kodak Company, a
corporation organized and existing under the laws of New Jersey, with offices at
800 Lee Road, Rochester, New York, 14650-3121 (hereafter referred to as "Kodak")
have entered into this Agreement effective October 15, 1996 (the "Effective
Date") for the EarthWatch QuickBird Sensor Subsystem (this "Agreement").

ARTICLE 1: OVERALL SCOPE OF THE PROJECT
---------------------------------------

Subject to the Terms and Conditions listed in Exhibit 1, Kodak shall provide the
necessary resources for the definition, design, production, integration, test,
and verification of one (1) Sensor Subsystem and the critical parts listed in
Exhibit 6 for a second Sensor Subsystem, with a priced option for completion of
a second Sensor Subsystem, including the information necessary for EarthWatch
(or designated Space Segment Integrating Contractor) to integrate the Sensor
Subsystems into the QuickBird Spacecraft and operate the Sensor Subsystem on
orbit. In connection therewith, Kodak shall perform the Services and produce the
Deliverables specified in the Statement of Work for the QuickBird Sensor
Subsystem, Document SE.1M.SSS.005.A, dated October 14, 1996, attached hereto as
Exhibit 2 (the "Statement of Work") in accordance with the delivery dates set
forth in the Statement of Work. The Sensor Subsystems shall meet the performance
and verification requirements specified in the Performance Specification for the
QuickBird (QB) Spacecraft Sensor Subsystem, Document SE.1M.SSS.004.A, dated
October 14, 1996 attached hereto as Exhibit 3 (the "Performance
Specifications"). The Sensor Subsystem shall satisfy the interface requirements
in the Sensor Subsystem Interface Control Document for the QuickBird Spacecraft,
Document SP0031A-018A, dated October 14, 1996 (the "Interface Specifications")
attached hereto as Exhibit 7.

ARTICLE 2: PRICE AND PAYMENT
----------------------------

The total prices for the first unit and critical parts for the second unit, and
optional second unit, exclusive of any sales or value added tax, payable by
EarthWatch to Kodak shall be as specified in Exhibit 4. The payment schedule
shall be based upon the accomplishment of milestones in the program. The payment
schedule and termination liability schedule shall be as specified in

 Public Release of Information Contained Herein is Controlled Per Contractual
                                  Agreement.
                                                                               i
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                                                        Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

Exhibit 4. The total price, payment schedule, and termination liability schedule
shall remain firm as long as EarthWatch does not materially change the other
requirements and terms of this Agreement.

ARTICLE 3: TERMS AND CONDITIONS
-------------------------------

Terms and Conditions applicable to this Agreement are attached as Exhibit 1.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
in duplicate by their respective duly authorized representatives as of the date
first above written.

EarthWatch Incorporated:

By:  /s/ Richard N. Herring              October 14, 1996

     Richard N. Herring                  Date
     Chief Executive Officer

Eastman Kodak Company:

By:  /s/ Carl A. Marchetto               October 14, 1996

     Carl A. Marchetto                   Date
     Vice President
     Eastman Kodak Company

 Public Release of Information Contained Herein is Controlled Per Contractual
                                  Agreement.
                                                                              ii
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Incorporated                                            Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

                                   Exhibit 1
                                      to
           Agreement for the EarthWatch QuickBird Sensor Subsystems

                             Terms and Conditions

UNLESS OTHERWISE STATED, ALL CAPITALIZED TERMS USED HEREIN SHALL HAVE THE
MEANING ASCRIBED TO THEM IN THE AGREEMENT.

a)  Program Incentives/Penalties.
    ----------------------------

    (1)  Implementation Incentives: EarthWatch and Kodak shall aggressively
         -------------------------
         identify design and implementation techniques which can control and/or
         reduce the costs and schedules of the program. Where changes to
         contract requirements are identified by Kodak and lead to a reduction
         in the definitized price of the contract, the parties shall share in
         such reductions on a 50/50 percentage basis.

    (2)  Schedule Penalties: The scheduled delivery date for each Sensor
         ------------------
         Subsystem is defined in Exhibit 4 to this Agreement. The price paid to
         Kodak shall be reduced by a penalty of $ 10,000 per day for each day
         from day one to day sixty that delivery is delayed beyond the
         scheduled delivery date. The price paid to Kodak shall be reduced by a
         penalty of $5,000 per day for each day from day sixty-one to day one
         hundred twenty that delivery is delayed beyond the scheduled delivery
         date. These late delivery penalties shall also apply to the optional
         second unit. For the purposes of calculating any resulting penalty,
         delivery shall be considered the date of shipment from Kodak.

b)  Acceptance of Deliverables.
    --------------------------

    (1)  Acceptance. Shipment approval shall occur at Kodak's facility
         ----------
         following satisfactory completion of the Flight Model Pre-Ship Review
         as specified in the Statement of Work. Acceptance shall occur after
         receipt and inspection at the Space Segment Integrating Contractor's
         facility or other designated facility within the Continental U.S.
         Acceptance will be assumed if inspection is not performed within one
         (1) day of receipt.

    (2)  Risk of Loss of Deliverables. Title and risk of loss to the
         ----------------------------
         Deliverables shall remain with Kodak and shall pass to EarthWatch when
         EarthWatch accepts the Deliverables.

c)  Mutual Confidentiality: Disclosure of confidential and proprietary
    ----------------------
    information shall be treated in accordance with the terms of the
    Confidentiality Agreement between Kodak and EarthWatch, dated 24 June 1996,
    included herein as Exhibit 5.

Public Release of Information Contained Herein is Controlled Per Contractual
Agreement.

                                                                               1
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               Incorporated                             Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

d)   Use of Facilities: Kodak and Kodak's employees, contractors and agents who
     -----------------
     are performing Services shall have access to appropriate EarthWatch and
     Space Segment Integrating Contractor sites as needed to perform their
     tasks. Kodak shall be responsible for Kodak's and associated personnel
     observing site rules and regulations, including, but not limited to, safety
     regulations, security requirements and rules relating to working in harmony
     with others at the site.

e)   Payment Terms:
     -------------

    1)    Responsibility for Expenses: EarthWatch shall have no obligation to
          ---------------------------
          Kodak for any charges unless the charges are expressly authorized in
          the Statement of Work or this Agreement. Kodak shall not incur any
          expenses on behalf of EarthWatch unless specifically authorized to do
          so in the applicable Statement of Work or this Agreement. Any expenses
          that are otherwise reimbursable to Kodak that are not listed in the
          Statement of Work or this Agreement are subject to prior review and
          approval by EarthWatch.

    2)    Invoices: Kodak shall issue invoices in accordance with the milestone
          --------
          schedule set forth in Exhibit 4. Invoices shall describe the
          milestones completed, the amounts due for the milestones, and
          applicable taxes, if any. The invoices shall be sent via overnight
          mail.

    3)    Payments and Billing Disputes:  Kodak shall be paid by EarthWatch
          -----------------------------
          upon successful completion of each program milestone and submission of
          a corresponding invoice. These amounts must be received by Kodak
          within 30 calendar days of the invoice date. All payments made to
          Kodak from EarthWatch shall be in U.S. dollars. EarthWatch shall pay a
          penalty of one percent (1.00%) of the full invoice amount for each
          month, or any portion of a month, that a payment is past due until the
          past due amount is paid by EarthWatch. Late payment charges will be
          billed to EarthWatch on a separate invoice. Kodak shall be solely
          responsible for payment to its vendors and suppliers for all sums
          properly due such parties.

          In the event that EarthWatch does not agree with the completion of a
          milestone invoiced by Kodak, EarthWatch shall so notify Kodak in
          writing within 5 business days of receipt of the invoice. If it is
          determined that Kodak has not completed the milestone as specified in
          Exhibit 4, the invoice date shall be delayed until such time as the
          milestone is completed. If it is determined that Kodak had properly
          completed the milestone as of the original invoice date, then payment
          shall be due within 30 calendar days of the original invoice date and
          all applicable late payment penalties shall apply.

          Public Release of Information Contained Herein is Controlled Per
          Contractual Agreement.

                                                                               2
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           incorporated                                Doc. No. SE.1M.SSS.002.A
                                                            October 14, 1996

      EarthWatch shall send payments to the following address and shall include
      Kodak's invoice number on all payments:

           EASTMAN KODAK COMPANY
           P.O. Box 100813
           Atlanta, GA 30384

      Payments may also be made by wire transfer to:

           CITIBANK N.A.
           New York, New York
           Routing/Transfer No. 0210-0008-9
           Account No. 40550939 (Domestic)

      Include the following information:

           EarthWatch Incorporated, Longmont, CO
           Customer No. 0565143
           Invoice No: To be completed with each transfer
           Amount Paid: To be completed with each transfer

      In the event Kodak fails to complete any milestone on or before the
      planned completion date, EarthWatch shall not be required to pay the
      amount specified for the milestone until it is completed.

      In the event that the planned completion of a milestone is delayed because
      of contractual direction from EarthWatch, both parties agree that the
      milestone description will be changed to a new mutually agreed to payment
      milestone description, consistent with the original planned date of
      completion.

  4)  Taxes:
      -----

      Sales and Use Taxes: All taxes and similar assessments, levies and
      -------------------
      government imposed obligations arising with respect to Deliverables
      (except for taxes on Kodak's income) shall be the obligation of and be
      paid by EarthWatch.

      All payments for sales and use taxes shall be collected from EarthWatch by
      Kodak and remitted to the proper taxing authority, in the legally defined
      timeframe determined by each taxing authority.

      Assuming shipment of any deliverable into the State of Colorado, the
      Non-Recurring Engineering Design Charges identified in Exhibit 4 to this
      Agreement, will be exempt from Sales and Use Tax. Kodak will include these
      charges as a separate line item(s) on their invoices.

      Public Release of Information Contained Herein is Controlled Per
      Contractual Agreement.

                                                                               3
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Incorporated                                            Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

          The final products (Sensor Subsystems) are tangible personal property
          and subject to Colorado Sales and Use Tax unless a Colorado Resale
          Exemption Certificate is provided to Kodak by EarthWatch. EarthWatch
          agrees to reimburse Kodak for tax, interest, and any penalty assessed
          by the State of Colorado arising from a determination by the State of
          Colorado that the Resale Certificate is invalid.

          Billing will occur with milestone payments up to the value of the Non-
          Recurring Engineering Design Charges which will be exempt from sales
          and use tax, with subsequent milestone payments reflecting the final
          products (Sensor Subsystems) which will be taxed, unless a Resale
          Certificate is obtained.

          Should shipment of any deliverable be into a state other than
          Colorado, Kodak shall coordinate with EarthWatch in determining and
          collecting the proper taxes.

          Licenses, Gross Receipts, Business and Occupation Taxes: Each company
          -------------------------------------------------------
          will be responsible for its own licenses, gross receipts, and business
          and occupation taxes.

          Property Taxes: Each company will be responsible for property taxes
          --------------
          due on property owned by the respective company.

          Other Taxes: Each company will be responsible for its own corporate
          -----------
          income, franchise taxes, etc. based upon income and/or net worth.

 f)    Termination:
       -----------

       1) Termination for Default by Kodak: EarthWatch may terminate for default
          --------------------------------
          by Kodak if:

          (a) Kodak fails to make satisfactory delivery on a Deliverable within
              150 days of its scheduled delivery date,

          (b) Kodak's failure to make progress gives EarthWatch reasonable
              grounds to conclude that Kodak will fail to deliver a Deliverable
              within 150 days of the scheduled date, or

          (c) Kodak breaches any other material provision of the Agreement, and
              does not take adequate steps to cure such breach within 30 days
              after receipt of written notice from EarthWatch specifying such
              breach.

          Within 24 hours of a termination notice under this section, Kodak
          shall cease incurring any additional costs with respect to the
          Services or Deliverables. EarthWatch shall pay Kodak the lesser of the
          termination liability specified in Exhibit 4 or Kodak's actual
          incurred costs as verified by audit, plus reasonable termination costs
          from the effective date of termination.

          Public Release of Information Contained Herein is Controlled Per
          Contractual Agreement.

                                                                               4
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           Incorporated                                Doc. No. SE.1M.SSS.002.A
                                                               October 14, 1996

      Kodak shall provide to EarthWatch, in an "as is" condition, all
      Deliverables including flight hardware, ground support equipment,
      software, and data as defined in the Statement of Work, either completed
      or in process as of the date of termination. Kodak shall assign all of its
      rights and obligations under any uncompleted Subcontracts to EarthWatch
      upon the written request of EarthWatch at the time of notification of
      termination. Assignment of any subcontract shall not convey any of Kodak's
      rights to intellectual property and Kodak property in the possession of
      the subcontractor which is not a deliverable under the subcontract.

      EarthWatch, as an alternative to receipt of Deliverables, may require
      Kodak to refund all payments under this Agreement made by EarthWatch to
      Kodak in addition to its other remedies under this Agreement or at law or
      equity.

2)    Termination for Default by EarthWatch: Kodak may terminate for Default by
      -------------------------------------
      EarthWatch if:

      (a)  EarthWatch fails to make timely payments as required herein and does
           not make such required payment within 30 days after notice from Kodak
           that such payment is overdue,

      (b)  EarthWatch declares bankruptcy or enters receivership, or admits in
           writing its inability to pay its debts as such debts become due, or

      (c)  EarthWatch breaches any other material provision of this Agreement,
           and does not take adequate steps to cure such breach within 30 days
           after receipt of written notice from Kodak specifying such breach.

      Within 24 hours of a termination notice under this section, Kodak shall
      cease incurring any additional costs with respect to the Services or
      Deliverables. EarthWatch shall be required to pay Kodak the lesser of the
      termination liability specified in Exhibit 4 or Kodak's actual incurred
      costs as verified by audit, reasonable termination costs from the
      effective date of termination, a reasonable profit on work performed, and
      reasonable anticipated profit on any terminated efforts.

      In the event of termination of this Agreement under this section, and upon
      payment of the termination amount as specified, Kodak shall provide to
      EarthWatch, in an "as is" condition, all Deliverables including flight
      hardware, ground support equipment, software, and data as defined in the
      Statement of Work, either completed or in process as of the date of
      termination. In the event of default by EarthWatch, nothing in this
      section shall preclude Kodak from pursuing its other remedies at law or
      equity.

3)    Termination for Convenience by EarthWatch: EarthWatch may terminate the
      -----------------------------------------
      Agreement at any time for convenience on 30 days written notice to Kodak

      Public Release of Information Contained Herein is Controlled Per
      Contractual Agreement.

                                                                               5
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Incorporated                                              Doc.No.SE.1M.SSS.002.A
                                                                October 14, 1996

          provided EarthWatch is not in default of any material provision of
          this agreement prior to the date of termination. Within 24 hours of
          its receipt of a termination notice under this section, Kodak shall
          cease incurring any additional costs with respect to the Services or
          Deliverables, unless EarthWatch's termination notice states otherwise.
          In the event of such termination, EarthWatch will pay Kodak the lesser
          of the termination liability specified in Exhibit 4 or Kodak's actual
          incurred costs as verified by audit, reasonable termination costs from
          the effective date of termination, a reasonable profit on work
          performed, and reasonable anticipated profit on terminated efforts.

          In the event of termination of this Agreement under this section, and
          upon payment of the termination amount as specified, Kodak shall
          provide to EarthWatch, in an "as is" condition, all Deliverables
          including flight hardware, ground support equipment, software, and
          data as defined in the Statement of Work, either completed or in
          process as of the date of termination.

    4)    Other Consequences of Termination. In addition, upon the expiration or
          ---------------------------------
          termination of this Agreement, Kodak and Kodak's personnel shall
          promptly return to EarthWatch or destroy, as EarthWatch directs, all
          papers, written materials, equipment and other information furnished
          to Kodak or Kodak's personnel by EarthWatch in connection with or as a
          result of its performance under this Agreement.

g)  Changes: The representatives identified in Section (o)(3) shall be
    -------
    authorized to request, negotiate, and authorize changes within the general
    scope of this Agreement including any one or more of the following:

          1.  Drawings, designs, or specifications of any Deliverables to be
              furnished, or the description of any services to be performed.
          2.  Method of shipment or packing.
          3.  Place of inspection, or acceptance.
          4.  Place of delivery of any Deliverables to be furnished.
          5.  Place of performance of any services to be performed.

    If any such change causes a substantive increase or decrease in the cost of,
    or the time required for performance of any part of the work under the
    Contract, an equitable adjustment in (i) the Contract price, the delivery
    schedule, or both; and (ii) other affected terms of the Contract, and shall
    be incorporated into the Contract. Such adjustments shall be negotiated in
    good faith between Kodak and EarthWatch.

    Either party must assert its right to an adjustment under this clause within
    ten (10) days from the date of receipt of a written requested change from
    the other party. In the event that an adjustment is warranted Kodak shall
    submit a priced change proposal within 45 days. Not-To-Exceed change
    proposals may be used to accelerate this process.

          Public Release of Information Contained Herein is Controlled Per
          Contractual Agreement.                                               6
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               Incorporated                  Doc. No. SE.1M.SSS.002.A
                                                     October 14, 1996

    If Kodak's proposal includes the cost of property made obsolete or excess by
    the change, EarthWatch shall have the right to prescribe the manner of the
    disposition of the property.

    No services for which an additional cost or fee will be charged by Kodak
    shall be furnished without prior written authorization of EarthWatch's
    Authorized Representative. No change will be binding upon Kodak unless
    issued in writing by EarthWatch's Authorized Representative.

    Failure to agree to any adjustment shall be a dispute. However, nothing in
    this clause shall excuse Kodak from proceeding with the Contract as changed.

h)  Reserved
    --------

i)  Limitation of Liability: Except with respect to liabilities arising from
    -----------------------
    Kodak's indemnification obligations set forth in Section (n) below, the
    amounts paid to Kodak by EarthWatch pursuant to this Agreement shall be the
    maximum limit of Kodak's liability arising out of, or resulting from this
    contract or the performance or non-performance or breach thereof. IN NO
    EVENT SHALL EITHER PARTY BE OBLIGATED IN ANY MANNER TO PAY INCIDENTAL,
    CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF
    PROFITS, OR EXEMPLARY DAMAGES TO THE OTHER PARTY.

j)  Technology Rights:
    -----------------

    Kodak shall retain exclusive rights of ownership of all technology developed
    by Kodak before and during this Agreement. Kodak shall provide full rights
    to EarthWatch for the use and sale of all deliverable products under this
    Agreement. Kodak shall not use the POINT DESIGN, as defined in this
    Agreement, for manufacture or sale for any commercial remote sensing use
    during the term of this Agreement and for a five (5) year period thereafter
    unless Kodak has received the written approval of EarthWatch. EarthWatch
    shall retain exclusive rights of ownership of all technology developed by
    EarthWatch before and during this Agreement.

    The POINT DESIGN shall mean and refer to the final, delivered design for a
    QuickBird Sensor Subsystem. The POINT DESIGN is comprised of only the top
    level designs of the Focal Plane Assembly, Focal Plane electronics, Data
    Processing Unit, and the Power Supply Unit as defined in this Agreement. The
    POINT DESIGN shall not include designs for components or subassemblies below
    the Unit levels referred to above. Examples of components or subassemblies
    below the unit level, include, but are not limited to, the focal plane
    array, the band width compression application specific integrated circuit
    (ASIC) and the electronic circuit boards.

k)  Force Majeure: Neither party shall be liable for default or delay caused by
    -------------
    any occurrence beyond its reasonable control, including but not limited to
    fires, strikes or labor disputes, acts of God, war, riot or civil
    disturbance and governmental control, regulation or permit

         Public Release of Information Contained Herein is Controlled Per
         Contractual Agreement.

                                                                               7
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           Incorporated                                 Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

     and/or embargo, but excluding financial inability. In the event Kodak
     should be delayed in the completion of any portion of the work by reason of
     any such occurrence, the time within which the portion of the work is to be
     completed shall be extended by the period of such delay, but no such
     extension shall be made unless a notice with evidence thereof is presented
     by Kodak to EarthWatch in writing in a timely manner after the occurrence
     of such delay. However, EarthWatch shall have the right to terminate this
     Agreement for EarthWatch's Convenience under Section (f)(3) above if such
     extension is equal to or greater than one hundred eighty (180) days.

l)   Product Warranty Provisions:
     ---------------------------

      1)   Warranty on Deliverables and Services. Kodak hereby represents and
           -------------------------------------
           warrants that the Deliverables shall be free from defect in material
           and workmanship and the completed Sensor Subsystems will conform to
           and perform in accordance with the Performance Specifications and
           Interface Specifications for a period of twelve (12) months or until
           launch, whichever occurs first, after EarthWatch's acceptance of such
           Deliverables (the "Warranty Period"). EarthWatch shall notify Kodak
           and allow Kodak to be present during installation, integration, and
           or testing of the Deliverables to assure proper handling and use
           under the warranty. Any action performed by Kodak under the terms of
           this Warranty clause will not extend the warranty period.

      2)   Breach of Warranty. EarthWatch shall give written notice to Kodak of
           ------------------
           any breach of warranty occurring within the Warranty Period. Such
           notice shall include sufficient information to determine the part
           number, serial number, the nature and the circumstances of the
           alleged defect. Kodak shall promptly investigate the breach and
           advise EarthWatch of planned corrective action. In the event of a
           breach of the warranty, and as sole remedy, Kodak will, at its
           option, repair or replace, at the point of manufacture, or on site,
           any defective Deliverables at Kodak's expense. Defects identified in
           the first unit, including those identified on orbit, shall be
           repaired in any optional units covered under this Agreement. Kodak
           shall also correct any Technical Data pertinent to defective
           equipment to the extent delineated herein above.

      3)   Limitations. This warranty shall not apply to any defects in
           -----------
           Deliverables caused by accident, misuse, unauthorized alteration,
           normal wear, or improper installation, maintenance and service. This
           is not a fix all failures warranty. This warranty does not cover
           reimbursement for expenses for labor in gaining access to, removal
           and installation of defective products. Kodak shall be responsible
           for repair or replacement at either the point of delivery or at
           Kodak's facilities. Transportation costs from other locations shall
           be EarthWatch's responsibility. THE FOREGOING WARRANTIES AND REMEDIES
           ARE EXCLUSIVE AND ARE IN LIEU OF ANY WARRANTY OF MERCHANTABILITY,
           FITNESS

           Public Release of Information Contained Herein is Controlled Per
           Contractual Agreement.

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               Incorporated                        Doc. No. SE.1M.SSS.002.A
                                                              October 14, 1996

          FOR PARTICULAR PURPOSE OR OTHER WARRANT OF QUALITY, WHETHER EXPRESS,
          STATUTORY OR IMPLIED.

m)  Compliance with Laws: Kodak agrees that it will comply with all applicable
    --------------------
    federal, state and local laws, regulations and codes in effect as of the
    Effective Date, and throughout the duration of work under this Agreement.

n)  Indemnification:
    ---------------

    Kodak will defend at its expense any legal proceeding brought against
    EarthWatch, to the extent that it is based on a claim that the design or use
    of any Deliverables is a direct infringement of a copyright, of a
    proprietary or ownership right of a third party, or of a U.S. patent, and
    will pay all damages and costs awarded by a court of final appeal
    attributable to such claim, provided that EarthWatch: (i) provides Notice of
    the claim promptly to Kodak; (ii) gives Kodak sole control of the defense
    and settlement of same; (iii) provides to Kodak all available information,
    assistance and authority to defend; and (iv) has not compromised or settled
    such proceeding without Kodak's prior written consent.

    Should any Deliverables or any portion thereof become, or in Kodak's opinion
    be likely to become the subject of a claim of infringement, Kodak shall, as
    EarthWatch's sole and exclusive remedy, elect to: (i) obtain for EarthWatch
    the right to use such Deliverables; (ii) replace or modify the Deliverables
    so that they become non-infringing and still satisfy all other requirements
    of this Agreement.

    Kodak shall have no liability for any infringement or claim which results
    from (i) use of the Deliverables in combination with any non-Kodak provided
    equipment, software or data, if such infringement would have been avoided by
    use of the Deliverables without such equipment, software, or data; (ii)
    Kodak compliance with designs or specifications of EarthWatch that contain
    infringing information.

    THIS ARTICLE STATES THE ENTIRE LIABILITY OF KODAK WITH RESPECT TO
    INFRINGEMENT OF ANY INTELLECTUAL PROPERTY RIGHTS BY THE DELIVERABLES AND
    KODAK SHALL HAVE NO ADDITIONAL LIABILITY WITH RESPECT TO ANY ALLEGED OR
    PROVEN INFRINGEMENT.

o)  General Provisions:
    ------------------

    1)   Release of Information:
         ----------------------

         During the term of this Agreement, each party shall seek the approval
         of the other at least 15 days prior to the release of information
         regarding this agreement, including, but not limited to, news releases,
         advertising materials, prepared speeches, external company reports,
         information shared with third parties, and other information releases
         concerning the work performed under this agreement. The use of either
         parties' corporate logos by the other party shall also require prior

         Public Release of Information Contained Herein is Controlled Per
         Contractual Agreement.

                                                                               9
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           Incorporated                                 Doc. No. SE.1M.SSS.002.A
                                                              October 14, 1996

      written approval. Such approvals shall not be unreasonably withheld.

      If the information to be released has been previously approved or is
      already in the public domain, then no approval shall be required. These
      restrictions shall not be construed to limit either parties' disclosure of
      such information as required by Federal, State, or local laws and
      regulations or courts of competent jurisdiction, or as necessary to
      satisfy reporting requirements to current or potential investors.

      Release of information regarding the existence of this agreement shall
      not require the prior approval of either party.

2)    Notices:
      -------

      All contractual correspondence, including notices, reports and
      documentation, shall be addressed as follows:

      KODAK:                             EARTHWATCH:

      Eastman Kodak Company              EarthWatch Incorporated
      Commercial & Government Systems
      800 Lee Road                       1900 Pike Road
      Rochester, NY 14650-3121           Longmont, CO 80503

      Attn.: Richard W. Wambach Jr.      Attn: Neal T. Anderson
      Contracts Department               Senior Director, Spacecraft Systems

3)    Authorized Representatives:
      --------------------------

      The only individuals authorized to make changes to this Agreement and to
      sign contract documents are:

      EASTMAN KODAK CO.                  EARTHWATCH INC.

      Richard W. Wambach Jr.             Richard N. Herring
      Contracts Department               Chief Executive Officer

      or                                 or

      Frank J. Rock                      Walter S. Scott
      Manager                            Chief Technical Officer
      Contracts Department

      Either party may change its authorized representatives at any time by
      providing written notice to the other party.

4)    Governing Law: The validity, interpretation, and performance of this
      -------------
      Agreement shall be controlled by and construed under the laws of the State
      of Colorado.

   Public Release of Information Contained Herein is Controlled Per Contractual
   Agreement.

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   Incorporated                                        Doc. No. SE.1M.SSS.002.A
                                                                October 14,1996

5)   Order of Precedence: In the event of any conflict, the controlling document
     -------------------
     shall be determined by the following order of precedence:

     A. This Agreement and Exhibits 1 and 4
     B. The Statement of Work, Exhibits 2 and 6
     C. The Sensor Subsystem Specification, Exhibit 3
     D. The Sensor Subsystem Interface Control Document, Exhibit 7
     E. The Confidentiality Agreement between Kodak and EarthWatch, dated
        24 June 96, Exhibit 5

6)   Assignment: Neither party may assign any rights or obligations hereunder
     ----------
     without the prior express written consent of the other, except to a third
     party pursuant to a merger, sale of all or substantially all assets, or
     other corporate reorganization. However, either party may assign its rights
     and obligations to a wholly owned subsidiary. Should such assignment result
     in an increase in costs to either party that party may initiate a change
     request in accordance with the Changes Clause (g) of this Agreement.
     Subject to the above restrictions on assignment, this Agreement shall inure
     to the benefit of and bind the successors and assigns of the parties.

7)   No Joint Venture: Nothing contained in this Agreement shall be deemed or
     ----------------
     construed as creating a joint venture or partnership between the parties.
     Except as expressly set forth, no party is by virtue of this Agreement
     authorized as an agent, employee or legal representative of any other
     party, and the relationship of the parties is, and at all times will
     continue to be, that of independent contractors.

8)   Severability. If any provisions of this Agreement, or application thereof,
     ------------
     shall for any reason and to any extent be invalid or unenforceable, the
     remainder of this Agreement, and (if appropriate) such provision to other
     persons or circumstances, shall remain in full force and effect and be
     interpreted so as best to reasonably effect the intent of the parties
     thereto.

9)   No Waiver: The failure of any party to enforce any of the provisions of
     ---------
     this Agreement shall not be construed to be a waiver of the right of such
     party thereafter to enforce such provisions.

10)  Definitive Agreement: This Agreement, once signed, constitutes a legally
     --------------------
     binding and enforceable obligation on the part of each of the parties
     hereto and their successors in interest, subject to the terms and
     conditions contained herein.

11)  Entire Agreement: This Agreement, including the Exhibits hereto
     ----------------
     constitute the entire understanding and agreement of the parties with
     respect to their subject matter and supersede all prior and contemporaneous
     agreements or understandings. By signing this Agreement, each party
     represents to the other

     Public Release of Information Contained Herein is Controlled Per
     Contractual Agreement.

                                                                              11
<PAGE>

     Incorporated                                       Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

that it has the authority to sign this Agreement and this Agreement is
enforceable against it in accordance with its terms.

Public Release of Information Contained Herein is Controlled Per Contractual
Agreement.

                                                                              12
<PAGE>

                                                        Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

                      Exhibit 2 - Statement of Work
                      -----------------------------

[The Company has not filed this exhibit with the Commission because it contains
voluminous and highly technical data that the Company believes is not material
to investors.]

<PAGE>

                                                        Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

                    Exhibit 3 - Technical Specifications
                    ------------------------------------

[The Company has not filed this exhibit with the Commission because it contains
voluminous and highly technical data that the Company believes is not material
to investors.]

<PAGE>

  Incorporated                                          Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

               Exhibit 4 - Pricing/Payment/Termination Liability
               -------------------------------------------------
<TABLE>
<CAPTION>

Pricing:
                  Description                                  Delivery Date      Price
                  -----------                                  -------------      -----
<S>                                                            <C>             <C>
QuickBird Sensor Subsystem Non-recurring Design                Not applicable  $ 3,411,800

QuickBird Sensor Subsystem - Flight Model 1 and Critical
Parts for Flight Model 2                                              2/15/98  $14,583,200
                                                                               -----------
                                                               Total Price:    $17,995,000

Option 1 for QuickBird Sensor Subsystem - Flight Model 2*             6/15/98  $ 4,495,000

Option 2 for QuickBird Sensor Subsystem - Flight Model 2**           10/15/98  $ 6,585,000

Option 3 for QuickBird Sensor Subsystem - Flight Model 2***           1/15/99  $ 6,795,000
</TABLE>

*   Option 1 must be exercised on or before 12/20/96.
**  Option 2 must be exercised on or before 3/15/97.
*** Option 3 must be exercised on or before 6/15/97.

For options 1, 2 or 3, Kodak will agree that the bandwidth compression portion
of the Sensor Subsystem can be replaced by an EarthWatch supplied compression
scheme. Any such activity shall be considered a change to the Agreement and is
not included in the current scope, delivery schedule, or pricing of the
Agreement.

Public Release of Information Contained Herein is Controlled Per Contractual
Agreement.

                                                                               1
<PAGE>

Incorporated                                            Doc. No. SE.1M.SSS.002.A
                                                                October 14, 1996

Payment Schedule/Termination Liability Schedule:
<TABLE>
<CAPTION>
                                                                                                                Cumulative
                                                                                                                ----------
         Invoice                                                                         Milestone              Termination
         -------                                                                         ---------              -----------
          Date           Payment Milestone                Completion Criteria              Amount                Liability
          ----           -----------------                -------------------              ------                ---------
<S>                      <C>                              <C>                            <C>                    <C>
        10/15/96         Contract Start                   Contract Fully Executed        $10,000,000
        11/15/96         None                             None                                    $0            $ 1,676,000
        12/15/96         None                             None                                    $0            $ 6,611,000
         1/15/97         None                             None                                    $0            $10,508,000
         2/15/96         None                             None                                    $0            $11,867,000
         3/15/96         None                             None                                    $0            $12,767,000
         4/15/96         None                             None                                    $0            $13,647,000
         5/15/96         None                             None                                    $0            $14,087,000
         6/15/96         None                             None                                    $0            $14,607,000
         7/15/97         Start Box Level                  Work Order Issued for          $ 2,216,000            $14,807,000
                         Assembly                         Assembly
         8/15/97         Start Test of FM-1 FPA           Assembly Complete and          $ 1,913,000            $14,827,000
                                                          Inspected
         9/15/97         Start Box Level Testing          Assembly Complete and          $   599,000            $15,487,000
                                                          Inspected
        10/15/97         Deliver FPA                      Hardware shipped               $   586,000            $16,247,000
                         Structural/Thermal Model
        11/15/97         Hold TRR Meeting                 Meeting minutes                $   613,000            $17,027,000
                                                          published
        12/15/97         Start Integration of FM1         Work Order Issued              $   613,000            $17,717,000
         1/15/98         Deliver Preliminary Test         Test Data Shipped              $   613,000            $18,077,000
                         Data
         2/15/98         Ship FM1                         FM1 Shipped from Kodak         $   610,000            $18,185,000
         3/15/98         Field Support                    1 month after start of         $   166,000            $18,210,000
                                                          Field Support
         4/15/98         Field Support                    2 months after start of        $    66,000            $18,245,000
                                                          Field Support
                                                                         Total:          $17,995,000
</TABLE>

Public Release of Information Contained Herein is Controlled Per Contractual
Agreement.

                                                                               2
<PAGE>

                    Exhibit 6 - FM2 Critical Parts List
                    -----------------------------------

                 Quantity            Description
                 --------            -----------
                    8         ASIC
                    96        ASIC
                    128       Memory
                    204       Memory
                    78        Connectors
                    28        DC/DC Converters
                    6         Pan DCAs
                    6         MS DCAs
                    6         MS Filters
                    2         Pan Buffer Board
                    2         MS Buffer Board
                    2         FPE Interface Board
                    2         Pan Clock Driver Board
                    2         MS Clock Driver Board
                    12        Data Driver Board
                    56        Pan Digitizer Board
                    28        MS Digitizer Board
                    2         Pan Video Flex
                    2         MS Video Flex
                    2         Pan Clock Flex
                    2         MS Clock Flex
                    2         FPE Dig. Video Interconnect Board
                    2         FPE System Interconnect Board
                    84        Dig. Crossover Flex
                    2         1553 Board
                    2         Timing Generator Board
                    4         Wideband I/F Board
                    16        Compression Board
                    10        BWC/WBIF Crossover Flex
                    2         DPU Interconnect Flex
                    2         DPU Backplane Board
                    4         FPE Power Board
                    4         DPU Power Board
                    4         Heater Power Board
                    2         PSU Backplane Board

1)  All boards listed are unpopulated.
2)  Quantities shown represent total quantities of these items required to build
    one Sensor Subsystem.
3)  This list identifies known critical parts. As procurement of FM1 parts
    progresses, changes to these parts may be identified. The final list of FM2
    critical parts will be provided to EarthWatch by 12/15/96.
<PAGE>

                    Exhibit 7 - Interface Specifications
                    ------------------------------------

[The Company has not filed this exhibit with the Commission because it contains
voluminous and highly technical data that the Company believes is not material
to investors.]
<PAGE>

                                  AMENDMENT 1
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
                   EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to incorporate a change to the Contract's Interface
Specifications. This change affects the following Article only.

ARTICLE 1: OVERALL SCOPE OF THE CONTRACT
----------------------------------------

This Article is modified to indicate that the Sensor Subsystem Interface Control
Document for the QuickBird Spacecraft has been revised. The last sentence of the
Article is deleted and replaced as follows:

The Sensor Subsystem shall satisfy the interface requirements in the Sensor
Subsystem Interface Control Document for the QuickBird Spacecraft, Document
SP0031A-018B, dated December 4, 1996 provided under separate cover.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives as of February 6, 1997.

EARTHWATCH, INCORPORATED

By: /s/ Richard N. Herring
    ----------------------
    Richard N. Herring                     Date: February 6, 1997
    Chief Executive Officer

EASTMAN KODAK COMPANY

By: /s/ Richard W. Wambach Jr.             February 14, 1997
    --------------------------             -------------------
    Richard W. Wambach Jr.                 Date
    Contract Negotiator

                                       1
<PAGE>

                                                                  Amendment 1 to
                                                 Letter Contract lMSS.EPS.0003.B
                                                                        04/02/97

Exhibit 1 paragraph c) is modified to incorporate the three party
Confidentiality Agreement dated January 20, 1997 between EarthWatch, Ball
Aerospace and Technology Corporation and Kodak. This Agreement supersedes the
previous confidentiality agreement between EarthWatch and Kodak as Exhibit 5.

Exhibit 1 paragraph o) 2) is modified to designate a new point of contact for
receipt of notices at EarthWatch. Replace reference to Neal T. Anderson, Senior
Director, Spacecraft Systems with Shawn Thompson, Contracts Manager. The address
and all other details remain the same.

Exhibit 1 paragraph o) 5) Order of Precedence, item E is modified to incorporate
the three party Confidentiality Agreement dated January 20, 1997 between
EarthWatch, Ball Aerospace and Technology Corporation and Kodak. This Agreement
supersedes the previous confidentiality agreement between EarthWatch and Kodak
as Exhibit 5.

Exhibit 4 - Pricing/Payment/Termination Liability dated October 14, 1996 is
deleted and replaced in its entirety with Exhibit 4 - Pricing/Payment/
Termination Liability (Amended 4/l/97)

IN WITNESS WBEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives as of April 2, 1997.

EARTHWATCH, INCORPORATED

By: /s/ Richard N. Herring
   -----------------------
   Richard N. Herring                                     Date: April 2, 1997
   Chief Executive Officer

EASTMAN KODAK COMPANY

By: /s/ Gerard F. Driscoll                                  08 April 1997
    ----------------------                                  -------------
    Gerard F. Driscoll                                      Date
    Assistant Manager
    Image Acquisition Systems

<PAGE>

                                  AMENDMENT 2
                                      to
                             CONTRACT 1M.SSS.002.A
                                    between
                  EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to execute Option 4 to the contract for the manufacture
and delivery of a second Sensor Subsystem. This amendment also incorporates an
administrative change to the point of contact for EarthWatch.

Article 1 is replaced in its entirety with the following.

ARTICLE 1: OVERALL SCOPE OF THE PROJECT
---------------------------------------

Subject to the Terms and Conditions listed in Exhibit 1, Kodak shall provide the
necessary resources for the definition, design, production, integration, test,
and verification of two (2) Sensor Subsystems including the information
necessary for EarthWatch (or designated Space Segment Integrating Contractor) to
integrate the Sensor Subsystems into the QuickBird Spacecraft and operate the
Sensor Subsystems on orbit. In connection therewith, Kodak shall perform the
Services and produce the Deliverables specified in the Statement of Work for the
QuickBird Sensor Subsystem, Document SE.1M.SSS.005.B, dated April 2, 1997,
attached hereto as Exhibit 2 (the "Statement of Work") in accordance with the
delivery dates set forth in the Statement of Work. The Sensor Subsystems shall
meet the performance and verification requirements specified in the Performance
Specification for the QuickBird (QB) Spacecraft Sensor Subsystem, Document
SE.lM.SSS.004.A, dated October 14, 1996 attached hereto as Exhibit 3 (the
"Performance Specifications"). The Sensor Subsystem shall satisfy the interface
requirements in the Sensor Subsystem Interface Control Document for the
QuickBird Spacecraft, Document SP0031A-018B, dated December 4, 1996 (the
"Interface Specifications") attached hereto as Exhibit 7.

Article 2 is replaced in its entirety with the following.

ARTICLE 2: PRICE AND PAYMENT
----------------------------

The total prices for the two units, exclusive of any sales or value added tax,
payable by EarthWatch to Kodak shall be as specified in Exhibit 4 as amended
4/l/97. The payment schedule shall be based upon the accomplishment of
milestones in the program as identified in Exhibit 4. The payment schedule and
termination liability schedule shall be as specified in Exhibit 4. The total
price, payment schedule, and termination liability schedule shall remain firm as
long as EarthWatch does not materially change the other requirements and terms
of this Agreement

                                       1
<PAGE>

                                                                  Amendment 1 to
                                                 Letter Contract 1MSS.EPS.0003.B
                                                                        04/02/97

Exhibit 1 paragraph c) is modified to is modified to incorporate the three party
Confidentiality Agreement dated January 20, 1997 between EarthWatch, Ball
Aerospace and Technology Corporation and Kodak. This Agreement supersedes the
previous confidentiality agreement between EarthWatch and Kodak as Exhibit 5.

Exhibit 1 paragraph o) 2) is modified to designate a new point of contact for
receipt of notices at EarthWatch. Replace reference to Neal T. Anderson, Senior
Director, Spacecraft Systems with Shawn Thompson, Contracts Manager. The address
and all other details remain the same.

Exhibit 1 paragraph o) 5) Order of Precedence, item E is modified to incorporate
the three party Confidentiality Agreement dated January 20, 1997 between
EarthWatch, Ball Aerospace and Technology Corporation and Kodak. This Agreement
supersedes the previous confidentiality agreement between EarthWatch and Kodak
as Exhibit 5.

Exhibit 4 - Pricing/Payment/Termination Liability dated October 14, 1996 is
deleted and replaced in its entirety with Exhibit 4 - Pricing/Payment/
Termination Liability (Amended 4/l/97)

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives as of April 2, 1997.

EARTHWATCH, INCORPORATED

By: /s/ Richard N. Herring
    ________________________
    Richard N. Herring                    Date: April 2, 1997
    Chief Executive Officer

EASTMAN KODAK COMPANY

By: /s/ Gerard F. Driscoll                   08 April 1997
    ------------------------              ---------------------
    Gerard F. Driscoll                    Date
    Assistant Manager
    Image Acquisition Systems

<PAGE>

             Exhibit 4 - Pricing/Payment/Termination Liability (amended 4/1/97)
             ------------------------------------------------------------------

<TABLE>
<CAPTION>
Pricing:

                          Description                          Delivery Date                  Price
                          -----------                          -------------                  -----
<S>                                                            <C>                          <C>
QuickBird Sensor Subsystem Non-recurring Design                Not applicable              $ 3,411,800

QuickBird. Sensor Subsystem - Flight Model 1 and Critical
Parts for Flight Model 2                                          2/15/98                  $14,583,200

QuickBird Sensor Subsystem - Flight Model 2                       11/1/98                  $ 6,625,000
                                                                                           -----------
                                                                  Total Price:             $24,620,000
</TABLE>

                                       1
<PAGE>

Payment Schedule/Termination Liability Schedule (amended 4/1/97):

<TABLE>
<CAPTION>
                                                                                         Cumulative
Invoice                                                              Milestone          Termination
Date        Payment Milestone            Completion Criteria           Amount            Liability
--------    -----------------            -------------------         -----------       ------------
<S>         <C>                          <C>                         <C>               <C>
10/15/96    Contract Start               Contract Fully Executed     $10,000,000
11/15/96    None                         None                        $         0        $ 1,676,000
12/15/96    None                         None                        $         0        $ 6,611,000
1/15/97     None                         None                        $         0        $10,508,000
2/15/97     None                         None                        $         0        $11,867,000
3/15/97     None                         None                        $         0        $12,767,000
4/l/97      FM2 Start                    FM2 Authorization           $ 1,795,000        $14,014,000
5/15/97     None                         None                        $         0        $15,027,000
6/15/97     None                         None                        $         0        $16,977,000
7/15/97     Start Box Level              Work Order Issued for       $ 2,216,000        $18,440,000
            Assembly                     Assembly
8/15/97     Start Test of FM1 FPA        Assembly Complete and       $ 1,913,000        $18,807,000
                                         Inspected
9/15/97     Start Box Level Testing      Assembly Complete and       $   599,000        $19,481,000
                                         Inspected
10/15/97    Deliver FPA                  Hardware shipped            $   786,000        $20,281,000
            Structural/Thermal Model
10/15/97    FM2 Delayed Payment #1       none                        $   400,000        $20,281,000
11/15/97    Hold TRR Meeting             Meeting minutes             $   818,000        $21,428,000
                                         published
11/15/97    FM2 Delayed Payment #2       none                        $   400,000        $21,428,000
12/15/97    Start Integration of FM1     Work Order Issued           $   937,000        $22,542,000
1/15/98     Deliver Preliminary Test     Test Data Shipped           $   958,000        $23,261,000
            Data
2/15/98     Ship FMI                     FMl Shipped from Kodak      $   964,000        $23,882,000
3/15/98     FPA fabrication              Work Order issued for       $   541,000        $24,220,000
            complete/start assembly      assembly
4/15/98     PSU fabrication              Work Order issued for       $   400,000        $24,434,000
            complete/start assembly      assembly
5/15/98     DPU fabrication              Work Order issued for       $   315,000        $24,547,000
            complete/start assembly      assembly
6/15/98     FPU fabrication              Work Order issued for       $   320,000        $24,614,000
            complete/start assembly      assembly
7/15/98     PSU box level testing        Test Report complete        $   290,000        $24,656,000
            complete
8/15/98     DPU box level testing        Test Report complete        $   279,000        $24,689,000
            complete
9/15/98     FPU box level testing        Test Report complete        $   255,000        $24,802,000
</TABLE>

                                       2
<PAGE>

<TABLE>
<S>                          <C>                                  <C>                           <C>         <C>
                             complete, start SSS level
                             testing
10/15/98                     Provide FM-2                         Preliminary test report           $154,000    $24,831,000
                             Preliminary SSS test data            delivered
ll/l/98                      Ship FM2                             FM2 shipped from Kodak            $150,000    $24,856,000
12/15/98                     Field Support                        1 Month after start of field       $65,000    $24,910,000
                                                                  support
1/15/99                      Field Support                        2 Months after start of            $65,000    $24,964,000
                                                                  field support
                                                                                        Total:   $24,620,000
</TABLE>

                                       3
<PAGE>

                          CONFIDENTIALITY AGREEMENT

In Order to protect certain proprietary, confidential information, which may be
disclosed between the parties pursuant to contracts for the EarthWatch Quickbird
Sensor Subsystem, Eastman Kodak Company ("Kodak", "EarthWatch", and Ball
Aerospace & Technology Corporation ("Ball Aerospace") agree that:

1.  The "Effective Date" of this agreement is 20 January 1997.
                                              ---------------

2.  Information and data relative to the EarthWatch Quickbird Satellite System
                                         -------------------------------------
    will be exchanged between the parties for the purpose of execution of
    contracts from EarthWatch for the "EarthWatch Quickbird Satellite System."

3.  Each Party agrees to designate a representative, identified below, for
    administering the disclosure and/or receipt of confidential information
    hereunder:

     Michele A. Steffen        Neal Anderson            George Niquette
     ------------------        -------------            ---------------
        (Kodak)                (EarthWatch)             (Ball Aerospace)

4.  This Agreement covers only confidential information which is (a) within the
    scope of paragraph 2 above, and (b) disclosed during the active period of
    the EarthWatch "EarthWatch Quickbird Satellite System" contracts.

5.  A Recipient's obligations regarding confidential information received under
    this Agreement expires three years after the completion of the "EarthWatch
                           -----
    Quickbird Satellite System" contract. Any of the Parties may terminate its
    participation in this agreement upon thirty (30) days notice to the others.

6.  A Recipient shall protect the confidential information against unauthorized
    disclosure using the same degree of care, but no less than a reasonable
    degree of care, as the Recipient uses to protect its own confidential
    information of a like nature.

7.  A Recipient shall be obligated to protect only such confidential information
    disclosed under this Agreement as is: (a) disclosed in tangible form,
    electronic form, or encrypted electronic mail, clearly labeled as
    confidential at the time of disclosure, (b) disclosed initially in non-
    tangible form identified as confidential at the time of disclosure and,
    within thirty days following the initial disclosure, summarized and
    designated as confidential in a written memorandum delivered to the
    Recipient's representative named in paragraph 3 above.

8.  This Agreement imposes no obligation upon a Recipient with respect to any
    confidential information disclosed under this Agreement when: (a) was in the
    Recipient's possession before receipt from the Discloser, or (b) is or
    becomes a matter of public knowledge through no fault of the Recipient; or
    (c) is rightfully received by the Recipient from a third party without a
    duty of confidentiality; or (d) is disclosed by the Discloser to a third
    party without a duty of confidentiality on the third party; or (e) is
    independently developed by the Recipient; or (f) is disclosed under
    operation of law; or (g) is disclosed by Recipient with the Discloser's
    prior written approval.

9.  Each Discloser certifies that it has the right to make the disclosures under
    this Agreement, and all such disclosures are at the sole discretion of the
    Discloser.

10. No party acquires any intellectual property rights under this Agreement; no
    party has an obligation under this Agreement to purchase any service or item
    from an other party; or to deal exclusively with an other party in any
    field, and no party has an obligation under this Agreement to offer for sale
<PAGE>

    products using or incorporating the confidential information. The Discloser
    may, at its sole discretion, offer such products for sale and may modify
    them or discontinue sale at any time.

11. A Recipient shall adhere to the U.S. Export Administration Laws and
    Regulations, ITARS, Export Administration Act and shall not export or re-
    export any technical data or products received from the Discloser or the
    direct products of such technical data to any proscribed country listed in
    the U.S. Export Administration Regulations unless properly authorized by the
    U.S. Government. A Recipient shall first obtain the written consent of the
    Disclosing Party prior to submitting any request for authority to export any
    such technical data, and the recipient shall obtain any export license, if
    applicable.

12. The parties do not intend that any agency or partnership relationship be
    created between them by this Agreement.

13. All additions or modifications to this agreement must be made in writing and
    must be signed by all parties. This Agreement is made under and shall be
    construed according to the laws of the State of Colorado.

14. By signature of this agreement, the previous confidentiality agreement
    between EarthWatch and Kodak dated 24 June 1996 is superseded, the previous
    confidentiality agreement between Ball and Kodak (#354) dated 2 July 1996 is
    superseded, and the previous confidentiality agreement between Ball and
    EarthWatch dated 5 Feb. 1996 is superseded.

<TABLE>

EASTMAN KODAK COMPANY
-------------------------------------------------------------------------------------------
<S>              <C>
BUSINESS UNIT:   Commercial and Government Systems
ADDRESS:         800 Lee Road
                 Building 601
                 Rochester, NY 14650-3121
-------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------
AUTHORIZED CORPORATE OFFICER SIGNATURE
BY:      /s/ T.C. Fitzsimmons
-------------------------------------------------------------------------------------------
PRINTED OFFICERS NAME:   T.C. Fitzsimmons
-------------------------------------------------------------------------------------------
PRINTED OFFICER'S TITLE:   President, C&CS and Vice President, Eastman Kodak Co.
-------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------
"EarthWatch"
COMPANY NAME:    EarthWatch
ADDRESS:         1900 Pike Road
                 Longmont, Colorado 80501-6700
-------------------------------------------------------------------------------------------
AUTHORIZED SIGNATURE
BY:    /s/ Barbara S. Keller
-------------------------------------------------------------------------------------------
PRINTED SIGNATORY'S NAME: Douglas B. Gerull
-------------------------------------------------------------------------------------------
PRINTED SIGNATORY'S TITLE: President and Chief Operating Officer
-------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------
"Ball Aerospace"
COMPANY NAME:    Ball Aerospace & Technologies Corporation
ADDRESS:         P.O. Box 1062
                 Boulder, Colorado 80306-1062
-------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------
AUTHORIZED SIGNATURE
BY:      /s/ T.H. Lapotosky
-------------------------------------------------------------------------------------------
PRINTED SIGNATORY'S NAME: T.H. Lapotosky
-------------------------------------------------------------------------------------------
PRINTED SIGNATORY'S TITLE: Director of Contracts & Government Compliance
-------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

                                  AMENDMENT 3
                                      to
                             CONTRACT 1M.SSS.002.A
                                    between
                  EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to increase the total price by $100,950.00 and modify
the Exhibit 4 to incorporate small changes made under paragraph 4.3 to the
Statement of Work.

Exhibit 4 - Pricing/Payment/Termination Liability dated April 1, 1997 is deleted
and replaced in its entirety with Exhibit 4 - Pricing/Payment/Termination
Liability (Amended 5/8/97)

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their respective duly authorized representatives.

EARTHWATCH, INCORPORATED

By: /s/ Richard N. Herring              5-22-99
    ----------------------              -------
    Richard N. Herring                   Date
    Chief Executive Officer

EASTMAN KODAK COMPANY

By:  /s/ Richard W. Wambach, Jr.        5/16/97
     ---------------------------        -------
     Richard W. Wambach, Jr.             Date
     Contract Negotiator

                                       1
<PAGE>

      Exhibit 4 - Pricing/Payment/Termination Liability (amended 5/8/97)
      ------------------------------------------------------------------

Pricing:

<TABLE>
<CAPTION>
             Description                                             Delivery Date             Price
             -----------                                             -------------             -----
<S>                                                                   <C>                     <C>
QuickBird Sensor Subsystem Non-recurring Design                      Not applicable          $ 3,411,800

QuickBird Sensor Subsystem - Flight Model 1 and Critical
Parts for Flight Model 2                                                2/15/98              $14,583,200

Small Changes authorized in EarthWatch Letters  (see below)            As noted in           $   100,950
                                                                      authorization
                                                                         letters

QuickBird Sensor Subsystem - Flight Model 2                            11/1/98               $ 6,625,000
                                                                                             -----------

                                                                      Total Price:           $24,720,950
</TABLE>

Authorized Small Changes:
<TABLE>
<CAPTION>

     Date              Description                                         Amount
     ----              -----------                                         ------
    <S>                 <C>                                                <C>
    1/14/97            Additional FPA Optical Mass Simulator               $45,000
    1/31/97            Additional SSS Connectors                           $25,950
    3/19/97            SOW Change for Software                             $ 6,500
    4/8/97             Travel for Ground System Study                      $11,700
    4/8/97             Ten Additional Thermistors                          $ 7,100
    4/14/97            Technical Support of QuickBird CDR                  $ 4,700
                                                                          --------
                                                               TOTAL:     $100,950

</TABLE>

                                       1
<PAGE>

Payment Schedule/Termination Liability Schedule (amended 5/8/97):

<TABLE>
<CAPTION>
<S>               <C>                               <C>                       <C>                    <C>
                                                                                                      Cumulative
                                                                                                      ----------
Invoice                                                                              Milestone        Termination
-------                                                                              ---------        -----------
 Date              Payment Milestone                Completion Criteria               Amount           Liability
 ----              -----------------                -------------------               ------           ---------
10/15/96           Contract Start                   Contract Fully Executed          $10,000,000
11/15/96           None                             None                             $         0       $ 1,676,000
12/15/96           None                             None                             $         0       $ 6,611,000
1/15/97            None                             None                             $         0       $10,508,000
2/15/97            None                             None                             $         0       $11,867,000
3/15/97            None                             None                             $         0       $12,767,000
4/l/97             FM2 Start                        FM2 Authorization                $ 1,795,000       $14,014,000
5/15/97            None                             None                             $         0       $15,027,000
6/15/97            None                             None                             $         0       $16,977,000
7/15/97            Start Box Level                  Work Order Issued for            $ 2,216,000       $18,440,000
                   Assembly,                        Assembly
7/15/97            Implementation of Small          Implementation of Optical        $   100,950
                   Changes authorized in            Mass Simulator, additional
                   EarthWatch Letters dated         SSS connectors,
                   1/14/97,1/28/97,3/18/97,         Compression/
                   4/8/97 and 4/23/97.              Decompression Software
                                                    and Travel for Ground
                                                    System Study.
8/15/97            Start Test of FM1 FPA            Assembly Complete and            $ 1,913,000        $18,807,000
                                                    Inspected
9/15/97            Start Box Level Testing          Assembly Complete and            $   599,000        $19,481,000
                                                    Inspected
10/15/97           Deliver FPA                      Hardware shipped                 $   786,000        $20,281,000
                   Structural/Thermal Model
10/15/97           FM2 Delayed Payment #1           none                             $   400,000        $20,281,000
11/15/97           Hold TRR Meeting                 Meeting minutes                  $   818,000        $21,428,000
                                                    published
11/15/97           FM2 Delayed Payment #2           none                             $   400,000        $21,428,000
12/15/97           Start Integration of FM 1        Work Order Issued                $   937,000        $22,542,000
1/15/98            Deliver Preliminary Test         Test Data Shipped                $   958,000        $23,261,000
                   Data
2/15/98            Ship FM I                        FM 1 Shipped from Kodak          $   964,000        $23,882,000
3/15/98            FPA fabrication                  Work Order issued for            $   541,000        $24,220,000
                   complete/start assembly          assembly
4/15/98            PSU fabrication                  Work Order issued for            $   400,000         $24,434,000
                   complete/start assembly          assembly
5/15/98            DPU fabrication                  Work Order issued for            $   315,000         $24,547,000
                   complete/start assembly          assembly
6/15/98            FPU fabrication                  Work Order issued for            $   320,000         $24,614,000
                   complete/start assembly          assembly
7/15/98            PSU box level testing            Test Report complete             $   290,000         $24,656,000
                   complete
8/15/98            DPU box level testing            Test Report complete             $   279,000         $24,689,000
                   complete
9/15/98            FPU box level testing            Test Report complete             $   255,000         $24,802,000
                   complete, start SSS level
                   testing
10/15/98           Provide FM-2 Preliminary         Preliminary test report          $   154,000         $24,831,000
                   SSS test data                    delivered

</TABLE>

                                       2
<PAGE>

<TABLE>

<S>         <C>               <C>                        <C>       <C>
11/1/98     Ship FM2          FM2 shipped from Kodak     $150,000  $24,856,000
12/15/98    Field Support     1 Month after start of     $ 65,000  $24,910,000
                              field support
1/15/99     Field Support     2 Months after start of    $ 65,000  $24,964,000
                              field support
                                              Total:  $24,720,950
</TABLE>

                                       3
<PAGE>

                                  AMENDMENT 4
                                      to
                             CONTRACT 1M.SSS.002.A
                                    between
                  EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to incorporate the current revisions to the Statement
of Work, Performance Specification, and Interface Control Document.

In Article 1 modify references to the relevant documents to provide that the
services and deliverables under this contract shall conform to the following
documents as identified by the document number and revision date.

The Statement of Work for the EarthWatch QuickBird Sensor Subsystem Document No.
SE.1M.SSS.005.C dated June 18,1997

The Performance Specification for the QuickBird (QB) Spacecraft (S/C) Document
No. SE.1M.SSS.004.B dated June 18, 1997

The Sensor Subsystem for the QuickBird Spacecraft Ref. No. SP0031A-018E dated
June 18, 1997.

All references to these documents shall be to these revisions.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH, INCORPORATED

By:  /s/ Richard N. Herring                       7/1/97
     ----------------------                       ------
     Richard N. Herring                           Date:
     Chief Executive Officer

EASTMAN KODAK COMPANY

By:  /s/ Richard W. Wambach Jr.                   7/8/97
     --------------------------                   ------
     Richard W. Wambach Jr.                       Date
     Contract Negotiator

                                       1
<PAGE>

                                  AMENDMENT 5
                                      to
                             CONTRACT 1M.SSS.002.A
                                    between
                  EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment revises the Statement of Work, program schedule, Payment Schedule
and specified Contract Terms. Effective as of the notification provided to Kodak
on July 15, 1997 and confirmed in EarthWatch letter no. 9700070, dated 22 July
1997, Kodak is to perform at a reduced level of effort pending restructuring of
this Contract. Through the month of August 1997, Kodak shall perform to Addendum
1 to Statement of Work for the EarthWatch QuickBird Sensor Subsystem, Document
No. SE.lM.SSS.005.C. These activities shall be performed for a fixed price of
$400,000. An additional contract amendment will be required for performance
beyond August 31, 1997. EarthWatch intends to restructure the subject contract
and subsequently re-negotiate the Contract price and delivery schedule.

The following paragraph is added to Article 1:

ARTICLE 1: OVERALL SCOPE OF THE PROJECT
---------------------------------------

During the period July 15, 1997 through August 31, 1997, the scope of the
project shall be reduced as follows. Subject to the Terms and Conditions listed
in Exhibit 1, Kodak shall provide the necessary resources to perform the
Services specified only in Addendum 1 (dated August 4, 1997) to the Statement of
Work for the QuickBird Sensor Subsystem, Document SE. 1M.SSS.005.C, dated June
18, 1997, attached hereto as Exhibit 2A (the "August Statement of Work"). All
work shall be performed to meet the performance and verification requirements
specified in the Statement of Work, the Performance Specification for the
QuickBird (QB) Spacecraft Sensor Subsystem, Document SE.lM.SSS.004.B, dated June
18, 1997 attached hereto as Exhibit 3 (the "Performance Specifications") and
satisfy the interface requirements in the Sensor Subsystem Interface Control
Document for the QuickBird Spacecraft, Document SP0031A-018E, dated June 18,
1997 (the "Interface Specifications").

Article 2 is replaced in its entirety with the following.

ARTICLE 2: PRICE AND PAYMENT
----------------------------

The total prices for the two units, exclusive of any sales or value added tax,
payable by EarthWatch to Kodak shall be as specified in Exhibit 4 as amended
August 4, 1997. The payment schedule shall be based upon the accomplishment of
milestones in the program as identified in Exhibit 4. The payment schedule and
termination liability schedule shall be as specified in Exhibit 4. With this
amendment, EarthWatch has instituted a change to the requirements and the terms
of this agreement. Subject to the contract being restructured, the total price,
delivery, payment schedule, and termination liability schedule shall be re-
negotiated.

                                       1
<PAGE>

                                                                  Amendment 5 to
                                                          Contract 1M.SSS.0002.A
                                                                        08/07/97

Exhibit 1 paragraph a) (2) is modified to immediately suspend the schedule
penalties.

Exhibit 1 paragraph e) 3) is modified to require payment of the 8/15/97 payment
milestone ($400,000) on or before August 18, 1997.

Exhibit 1 paragraph f) 5) is added to provide Kodak the right to terminate for
convenience in the event that an amendment extending performance of the contract
is not executed by September 1, 1997.

Termination for Convenience by Kodak: If an amendment to this Contract,
------------------------------------
extending performance beyond August 31, 1997, is not executed by September 1,
1997, Kodak shall have the right to terminate the Contract for its convenience
provided that Kodak is not in default of any material provision of this contract
prior to the date of termination. Upon termination notification to EarthWatch,
Kodak shall cease incurring any additional costs with respect to the Services or
Deliverables. In the event of such termination, EarthWatch will pay Kodak the
lesser of the termination liability specified in Exhibit 4 or Kodak's actual
incurred costs as verified by audit, reasonable termination costs from the
effective date of termination, a reasonable profit on work performed, and
reasonable anticipated profit on terminated efforts.

In the event of termination of this Agreement under this section, and upon
payment of the termination amount as specified, Kodak shall provide to
EarthWatch, in an "as is" condition, all Deliverables including flight hardware,
ground support equipment, software, and data as defined in the Statement of
Work, either completed or in process as of the date of termination.

Exhibit 4 - Pricing/Payment/Termination Liability dated May 8, 1997 is deleted
and replaced in its entirety with Exhibit 4 - Pricing/Payment/Termination
Liability (Amended August 4, 1997). The delivery schedule and the associated
schedule penalties are also suspended.

All references to these documents shall be to these revisions.

                                       2
<PAGE>

                                                                  Amendment 5 to
                                                          Contract 1M.SSS.0002.A
                                                                        08/07/97

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH, INCORPORATED

By: /s/ Richard N. Herring                               8/8/97
   ----------------------------                    -------------------
     Richard N. Herring                                   Date:
     Chief Executive Officer

EASTMAN KODAK COMPANY

By: /s/ Richard W. Wambach Jr.                           8/12/97
   ----------------------------                    -------------------
     Richard W. Wambach Jr.                               Date
     Contract Negotiator

                                       3
<PAGE>

      Exhibit 4 - Pricing/Payment/Termination Liability (amended 8/4/97)
      -----------------------------------------------------------------

<TABLE>
<CAPTION>

Pricing (subject to negotiation for schedule adjustment):

               Description                                                     Delivery Date              Price
               -----------                                                     -------------              -----
<S>                                                                           <C>                      <C>
QuickBird Sensor Subsystem Non-recurring Design                                Not applicable          $ 3,411,800

QuickBird Sensor Subsystem - Flight Model 1 and Critical
Parts for Flight Model 2                                                           TBD                 $14,583,200

Small Changes authorized in EarthWatch Letters dated                            As noted in            $   100,950
1/14/97, 1/28/97, 3/18/97, 4/8/97 and 4/23/97                                  authorization
                                                                                  letters

QuickBird Sensor Subsystem - Flight Model 2                                       TBD                  $ 6,625,000
                                                                                                       -----------
                                                                              Total Price:             $24,720,950
</TABLE>

                                       1
<PAGE>

Payment Schedule/Termination Liability Schedule (amended 8/4/97):

<TABLE>
<CAPTION>

                                                                                                        Cumulative
                                                                                                        ----------
    Invoice                                                                          Milestone         Termination
    -------                                                                          ---------         -----------
     Date               Payment Milestone           Completion Criteria                Amount            Liability
     ----               -----------------           -------------------                ------            ---------
<S>                     <C>                         <C>                           <C>                   <C>

   10/15/96             Contract Start              Contract Fully Executed       $10,000,000
   11/15/96             None                        None                          $         0           $ 1,676,000
   12/15/96             None                        None                          $         0           $ 6,611,000
    1/15/97             None                        None                          $         0           $10,508,000
    2/15/97             None                        None                          $         0           $11,867,000
    3/15/97             None                        None                          $         0           $12,767,000
    4/l/97              FM2 Start                   FM2 Authorization             $ 1,795,000           $14,014,000
    5/15/97             None                        None                          $         0           $15,027,000
    6/15/97             None                        None                          $         0           $16,977,000
    7/15/97             Start Box Level             Work Order Issued for         $ 2,216,000           $18,440,000
                        Assembly,                   Assembly
    7/15/97             Implementation of Small     Implementation of Optical     $   100,950
                        Changes authorized in       Mass Simulator,
                        EarthWatch Letters dated    additional SSS
                        1/14/97, 1/28/97, 3/18/97,  connectors, Compression/
                        4/8/97 and 4/23/97.         Decompression Software
                                                    and Travel for Ground
                                                    System Study.
    8/15/97             August SOW activities       Execution of Amendment        $   400,000           $18,807,000
                                                    5
      TBD               TBD                         TBD                           $10,209,000           $24,964,000
                                                                       Total:     $24,720,950
</TABLE>

                                       2
<PAGE>

                                   AMENDMENT 6
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
                   EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment revises the Statement of Work, Payment Schedule and specified
Contract Terms. Kodak is to continue through the month of September 1997
performing at a reduced level of effort pending restructuring of this Contract.
During the month of September 1997, Kodak shall perform to Addendum Two to the
Statement of Work for the EarthWatch QuickBird Sensor Subsystem, Document No.
SE.lM.SSS.005.C. These activities shall be performed for a fixed price of
$250,000. A separate contract amendment will be required for performance beyond
September 30, 1997.

BY THIS AMENDMENT, THE FOLLOWING CHANGES TO THE CONTRACT ARE MADE:

The following paragraph is added to Article 1:

During the period September 01, 1997 through September 30, 1997, the scope of
the project shall be reduced as follows. Subject to the Terms and Conditions
listed in Exhibit 1, Kodak shall provide the necessary resources to perform the
Services specified only in Addendum Two (dated August 26, 1997) to the Statement
of Work for the QuickBird Sensor Subsystem, Document SE.lM.SSS.005.C, (dated
June 18, 1997) attached hereto as Exhibit 2B (the "September Statement of
Work"). All work shall be performed to meet the performance and verification
requirements specified in the Statement of Work, the Performance Specification
for the QuickBird (QB) Spacecraft Sensor Subsystem, Document SE.lM.SSS.004.B,
dated June 18, 1997 attached hereto as Exhibit 3 (the "Performance
Specifications") and satisfy the interface requirements in the Sensor Subsystem
Interface Control Document for the QuickBird Spacecraft, Document SP0031A-018E,
dated June 18, 1997 (the "Interface Specifications").

Article 2 is modified to delete the reference to Exhibit 4 as amended August 4,
1997 and replace it with a reference to Exhibit 4 as amended August 26, 1997.

Exhibit 1 paragraph e) 3) is modified to require payment of the 9/l/97 payment
milestone ($250,000) on or before September 05, 1997.

Exhibit 1 paragraph f) 5) is replaced in its entirety with the following:

                                       1
<PAGE>

                                                                  Amendment 6 to
                                                          Contract 1M.SSS.0002.A
                                                                        08/29/97

Termination for Convenience by Kodak: If an amendment to this Contract,
------------------------------------
extending performance beyond September 30, 1997, is not executed by October 01,
1997, Kodak shall have the right to terminate the Contract for its convenience
provided that Kodak is not in default of any material provision of this contract
prior to the date of termination. Upon temination notification to EarthWatch,
Kodak shall cease incurring any additional costs with respect to the Services or
Deliverables. In the event of such termination, EarthWatch will pay Kodak the
lesser of the termination liability specified in Exhibit 4 or Kodak's actual
incurred costs as verified by audit, reasonable termination costs from the
effective date of termination, a reasonable profit on work performed, and
reasonable anticipated profit on terminated efforts.

In the event of termination of this Agreement under this section, and upon
payment of the termination amount as specified, Kodak shall provide to
EarthWatch, in an "as is" condition, all Deliverables including flight hardware,
ground support equipment, software, and data as defined in the Statement of
Work, either completed or in process as of the date of temination.

Exhibit 4 - Pricing/Payment/Termination Liability (Amended August 04, 1997) is
deleted and replaced in its entirety with Exhibit 4-Pricing/Payment/Termination
Liability (Amended August 26,1997).

All references to these documents shall be to these revisions.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH, INCORPORATED

By: /s/ Richard N. Herring                             8/29/97
   -------------------------------          ------------------------------
     Richard N. Herring                                 Date:
     Chief Executive Officer

EASTMAN KODAK COMPANY

By: /s/ Richard W. Wambach                              9/3/97
   -------------------------------          ------------------------------
    Richard W. Wambach Jr.                               Date
    Contract Negotiator

                                       2
<PAGE>

      Exhibit 4 - Pricing/Payment/Termination Liability (amended 8/26/97)
      ------------------------------------------------------------------

<TABLE>
<CAPTION>

Pricing (subject to negotiation for schedule adjustment):

             Description                                                Delivery Date                     Price
             -----------                                                --------------                     -----

<S>                                                                     <C>                           <C>
 QuickBird Sensor Subsystem Non-recurring Design                        Not applicable                 $  3,411,800

 QuickBird Sensor Subsystem - Flight Model 1 and Critical
         Parts for Flight Model 2                                            TBD                       $ 14,583,200

  Small Changes authorized in EarthWatch Letters dated                   As noted in                   $    100,950
   1/14/97, 1/28/97, 3/18/97, 4/8/97 and 4/23/97                         authorization
                                                                            letters

QuickBird Sensor Subsystem - Flight Model 2                                   TBD                      $  6,625,000
                                                                                                       ------------
                                                                          Total Price:                 $ 24,720,950
</TABLE>

                                       1
<PAGE>

Payment Schedule/Termination Liability Schedule (amended 8/26/97):

<TABLE>
<CAPTION>

                                                                                                       Cumulative
                                                                                                       ----------
    Invoice                                                                       Milestone            Termination
    -------                                                                       ---------            -----------
     Date           Payment Milestone              Completion Criteria              Amount              Liability
     ----           -----------------              -------------------              ------              ---------
<S>                <C>                            <C>                             <C>                  <C>
   10/15/96         Contract Start                 Contract Fully Executed        $10,000,000
   11/15/96         None                           None                           $         0           $ 1,676,000
   12/15/96         None                           None                           $         0           $ 6,611,000
    1/15/97         None                           None                           $         0           $10,508,000
    2/15/97         None                           None                           $         0           $11,867,000
    3/15/97         None                           None                           $         0           $12,767,000
     4/l/97         FM2 Start                      FM2 Authorization              $ 1,795,000           $14,014,000
    5/15/97         None                           None                           $         0           $15,027,000
    6/15/97         None                           None                           $         0           $16,977,000
    7/15/97         Start Box Level                Work Order Issued for          $ 2,216,000           $18,440,000
                    Assembly,                      Assembly
    7/15/97         Implementation of Small        Implementation of Optical      $   100,950
                    Changes authorized in          Mass Simulator,
                    EarthWatch Letters dated       additional SSS
                    1/14/97, 1/28/97, 3/18/97,     connectors, Compression/
                    4/8/97 and 4/23/97.            Decompression Software
                                                   and Travel for Ground
                                                   System Study.
    8/15/97         August SOW activities          Execute Amendment 5            $   400,000           $18,440,000
     9/l/97         September SOW                  Execute Amendment 6            $   250,000           $18,690,000
                    Activities
     TBD            TBD                            TBD                            $ 9,959,000           $24,964,000
                                                                    Total:        $24,720,950
</TABLE>
                                       2
<PAGE>

                                   AMENDMENT 7
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
                   EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment revises the Statement of Work, Payment Schedule and specified
Contract Terms. Kodak is to continue through the month of February 1998
performing at a reduced level of effort pending restructuring of this Contract.
During the period from October 1997 through February 1998, Kodak shall perform
to Addendum Threeto the Statement of Work for the EarthWatch QuickBird Sensor
Subsystem, Document No. SE.1M.SSS.005.C. These activities shall be performed for
a fixed monthly price noted in Exhibit 4. A separate contract amendment will be
required for performance beyond February 28, 1998.

BY THIS AMENDMENT, THE FOLLOWING CHANGES TO THE CONTRACT ARE MADE:

The following paragraph is added to Article 1:

During the period October 01, 1997 through February 28, 1998, the scope of the
project shall be reduced as follows. Subject to the Terms and Conditions listed
in Exhibit 1, Kodak shall provide the necessary resources to perform the
Services specified only in Addendum Three (dated September 26, 1997) to the
Statement of Work for the QuickBird Sensor Subsystem, Document SE.lM.SSS.005.C,
dated June 18, 1997, attached hereto as Exhibit 2B (the "September Statement of
Work"). All work shall be performed to meet the performance and verification
requirements specified in the Statement of Work, the Performance Specification
for the QuickBird (QB) Spacecraft Sensor Subsystem, Document SE.lM.SSS.004.B,
dated June 18, 1997 attached hereto as Exhibit 3 (the "Performance
Specifications") and satisfy the interface requirements in the Sensor Subsystem
Interface Control Document for the QuickBird Spacecraft, Document SP0031A-018E,
dated June 18, 1997 (the "Interface Specifications").

Article 2 is modified to delete the reference to Exhibit 4 as amended August 26,
1997 and replace it with a reference to Exhibit 4 as amended September 30, 1997.

Exhibit 1 paragraph e) 3) is modified to require payment of the 10/1/97 payment
milestone ($150,000) on or before October 05, 1997 and the remaining payment
milestones due in the same manner as noted on Exhibit 4.

                                       1
<PAGE>

                                                                  Amendment 7 to
                                                          Contract 1M.SSS.0002.A
                                                                        09/30/97

Exhibit 4 - Pricing/Payment/Termination Liability (Amended August 26, 1997) is
deleted and replaced in its entirety with Exhibit 4 -
Pricing/Payment/Termination Liability (Amended September 30, 1997).

All references to these documents shall be to these revisions.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH, INCORPORATED

By:  /s/ Richard N. Herring                     9/30/97
     -------------------------------          -----------
     Richard N. Herring                       Date:
     Chief Executive Officer

EASTMAN KODAK COMPANY

By:  /s/ James S. Holmes                        10/2/97
     -------------------------------          -----------
     James S. Holmes                          Date
     Contract Negotiator

                                       2
<PAGE>

OS
      Exhibit 4 - Pricing/Payment/Termination Liability (amended 9/30/97)
      ------------------------------------------------------------------

Pricing (subject to negotiation for schedule adjustment):

<TABLE>
<CAPTION>

          Description                                    Delivery Date                 Price
          -----------                                    -------------                 -----
<S>                                                       <C>                          <C>
QuickBird Sensor Subsystem Non-recurring Design              Not applicable              $ 3,411,800

QuickBird Sensor Subsystem - Flight Model 1 and Critical

Parts for Flight Model 2                                     TBD                    $14,583,200

Small Changes authorized in EarthWatch Letters dated
1/14/97, 1/28/97, 3/18/97, 4/8/97 and 4/23/97             As noted in               $   100,950
                                                         authorization
                                                            letters

QuickBird Sensor Subsystem - Flight Model 2                  TBD                    $ 6,625,000
                                                                                    -----------
Fold Mirror/FPU Front Extension Redesign               Support Project                120,000
                                                          Schedule

                                                                  Total Price:      $24,840,950
</TABLE>

                                       1
<PAGE>

Payment Schedule/Termination Liability Schedule (amended 9/30/97):

<TABLE>
<CAPTION>

                                                                                                                   Cumulative
                                                                                                                   ----------
      Invoice                                                                               Milestone              Termination
      -------                                                                               ---------              -----------
       Date                    Payment Milestone           Completion Criteria                Amount                Liability
       ----                    -----------------           -------------------                ------                ---------
<S>                            <C>                        <C>                                 <C>                   <C>
     10/15/96                  Contract Start              Contract Fully Executed           $10,000,000
     11/15/96                  None                        None                              $         0           $ 1,676,000
     12/15/96                  None                        None                              $         0           $ 6,611,000
      1/15/97                  None                        None                              $         0           $10,508,000
      2/15/97                  None                        None                              $         0           $11,867,000
      3/15/97                  None                        None                              $         0           $12,767,000
       4/1/97                  FM2 Start                   FM2 Authorization                 $ 1,795,000           $14,014,000
      5/15/97                  None                        None                              $         0           $15,027,000
      6/15/97                  None                        None                              $         0           $16,977,000
      7/15/97                  Start Box Level             Work Order Issued for             $ 2,216,000           $18,440,000
                               Assembly,                   Assembly
      7/15/97                  Implementation of Small     Implementation of Optical         $   100,950
                               Changes authorized in       Mass Simulator,
                               EarthWatch Letters dated    additional SSS
                               1/14/97, 1/28/97, 3/18/97,  connectors, Compression/
                               4/8/97 and 4/23/97.         Decompression Software
                                                           and Travel for Ground
                                                           System Study.
      8/15/97                  August SOW activities       Execute Amendment 5               $   400,000           $18,440,000
       9/1/97                  September SOW               Execute Amendment 6               $   250,000           $18,690,000
                               Activities
      10/1/97                  October SOW Activities      Execute Amendment 7               $   150,000           $18,890,000
      11/1/97                  November SOW                Monthly Activities per            $   100,000           $19,040,000
                               Activities                  SOW Addendum 3
      12/1/97                  December SOW                Monthly Activities per            $   150,000           $19,190,000
                               Activities                  SOW Addendum 3
       1/1/98                  January SOW Activities      Monthly Activities per            $   200,000           $19,340,000
                                                           SOW Addendum 3
       2/1/98                  February SOW Activities     Monthly Activities per            $   200,000           $19,490,000
                                                           SOW Addendum 3
        TBD                    TBD                         TBD                               $ 9,959,000           $24,964,000
                                                                             Total:          $24,840,950
</TABLE>

                                       2
<PAGE>

                                   AMENDMENT 8
                                       to
                             CONTRACT IM.SSS.002.A
                                    between
                   EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to incorporate a new price and delivery schedule and to
incorporate an option for the completion of FM2. These activities shall be
performed for a firm fixed price noted in Exhibit 4. As noted herein, the
contract is amended. In addition, this amendment incorporates revisions to the
following documents:

Exhibit 1 - Terms and Conditions is revised as noted.
Exhibit 4 - Pricing/Payments/Termination Liability (Amended September 30, 1997)
            is deleted and replaced in its entirety with Exhibit 4 -
            Pricing/Payment/Termination Liability/FM2 Option (Amended March 16,
            1998).
Exhibit 6 - FM2 Critical Parts and Assembled Hardware (dated March 16, 1998) is
            incorporated.

BY THIS AMENDMENT, THE FOLLOWING CHANGES TO THE CONTRACT ARE MADE:

Replace ARTICLE 1: OVERALL SCOPE OF THE PROJECT as follows:
        ---------------------------------------

Subject to the Terms and Conditions listed in Exhibit 1, Kodak shall provide the
necessary resources for the definition, design, production, integration, test,
and verification of one (1) Sensor Subsystem and the critical parts listed in
Exhibit 6 for a second Sensor Subsystem, with a priced option for completion of
a second Sensor Subsystem, including the information necessary for EarthWatch
(or designated Space Segment Integrating Contractor) to integrate the Sensor
Subsystems into the QuickBird Spacecraft and operate the Sensor Subsystem on
orbit. In connection therewith, Kodak shall perform the Services and produce the
Deliverables specified in the Statement of Work for the QuickBird Sensor
Subsystem, Document SE. 1M.SSS.005.C, dated June 18, 1997, attached hereto as
Exhibit 2 (the "Statement of Work") in accordance with the delivery dates set
forth in Exhibit 4. The Sensor Subsystems shall meet the performance and
verification requirements specified in the Performance Specification for the
QuickBird (QB) Spacecraft Sensor Subsystem, Document SE.lM.SSS.004.A, dated June
18, 1997 attached hereto as Exhibit 3 (the "Performance Specifications"). The
Sensor Subsystem shall satisfy the interface requirements in the Sensor
Subsystem Interface Control Document for the QuickBird Spacecraft, Document
SP0031A-018E, dated June 18, 1997 (the "Interface Specifications") attached
hereto as Exhibit 7.

Kodak grants to EarthWatch an option to purchase the completion of one (1)
additional Sensor Subsystem in accordance with the terms and conditions set
forth in this Contract. The price and option exercise date required in the
exercise of this option are set forth in Exhibit 4, 'Option To Purchase" of this
contract.

Article 2 is modified to delete the reference to Exhibit 4 as amended September
30, 1997 and replace it with a reference to Exhibit 4 as amended March 16, 1998.

                                       1
EarthWatch/Kodak Confidential
<PAGE>

                                                                  Amendment 8 to
                                                          Contract IM.SSS.0002.A
                                                                        03/17/98

Article 3: Terms and Conditions is deleted and replaced as follows:

ARTICLE 3. EXHIBITS TO THE CONTRACT
-----------------------------------
This contract includes the following Exhibits as revised. All revisions shall
be incorporated into the contract with contract amendments.

Exhibit 1 - Terms and Conditions
Exhibit 2 - The Statement of Work for the QuickBird Sensor Subsystem, Document
            SE.1M.SSS.005.C dated June 18, 1997
Exhibit 3 - The Performance Specification for the QuickBird (QB) Spacecraft
            Sensor Subsystem, Document SE.1M.SSS.004.B, dated June 18, 1997
Exhibit 4 - Pricing/Payments/Termination Liability/FM2 Option, dated March 16,
            1998,
Exhibit 5 - The Three Party Confidentiality Agreement between Kodak,
            EarthWatch, and Ball Aerospace and Technologies Corporation, dated
            20 January 97,
Exhibit 6 - FM2 Components and Assembled Hardware original and addition, dated
            March 16, 1998,
Exhibit 7 - The Sensor Subsystem Interface Control Document, Document SP0031
            A-018E dated June 18, 1997

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their respective duly authorized representatives.

EARTHWATCH, INCORPORATED

By:  /s/ Donovan B. Hicks                       3/17/98
     ------------------------------------      ---------
     Donovan B. Hicks                            Date:
     Chief Executive Officer & President

EASTMAN KODAK COMPANY

By:  /s/ Carl A. Marchetto                      3/19/98
     ------------------------------------      ---------
     Carl A. Marchetto                            Date
     Vice President and General Manager
     EASTMAN KODAK COMPANY
     Image Acquisition Systems

                                       2
EarthWatch/Kodak Confidential
<PAGE>

                                                                  Amendment 8 to
                                                          Contract 1M.SSS.0002.A
                                                                        03/17/98

                      Amendment 8 Revisions to Exhibit 1
                                      to
            Agreement for the EarthWatch QuickBird Sensor Subsystem
                                March 13, 1998

Delete paragraph a)2) Schedule Penalties. And insert the following
                      ------------------

a)2) Liquidated Damages: Since it is impossible to quantify the damages that
     ------------------
EarthWatch will incur as the result of any delivery made later than the schedule
in Exhibit 4, and as time is of the essence in the performance of this contract,
the parties have agreed upon liquidated damages to be assessed in such an event.
The application of liquidated damages to FM1 shall be based on a scheduled
delivery date of January 15, 1999 as defined in Exhibit 4 to this Agreement.
There is a ten day grace period which means that liquidated damages will not
accrue until January 26, 1999. Beginning on January 26, 1999, the price paid to
Kodak shall be reduced by $5,000 per day for each day through sixty days from
the end of the grace period that delivery is delayed beyond the end of the grace
period date. For the purposes of calculating any resulting liquidated damages,
delivery shall be considered the date of shipment from Kodak. This clause
constitutes in its entirety the damages redeemable under the contract for late
delivery for the period stated herein. Liquidated damages for late delivery do
not apply to FM2.

a)3) Schedule Incentive This contract includes a schedule incentive for the
     ------------------
early completion and delivery of FM 1. If FM1 is delivered earlier than the
scheduled delivery in Exhibit 4, KODAK will earn an incentive fee of $10,000 per
day for each day in advance of the scheduled delivery in Exhibit 4. The maximum
schedule incentive that can be earned under this clause is $300,000. The
schedule incentive is in addition to the prices due for the milestones. For the
purposes of this clause, delivery shall be considered the date of shipment from
KODAK. Any earned schedule incentive can be invoiced following delivery of FM1.
Schedule incentives do not apply to FM2.

Delete Paragraph e) 3) Payment and Billing Disputes and replace with the
                       ----------------------------
following.

e)3) Payments and Billing Disputes: Kodak shall be paid by EarthWatch upon
     -----------------------------
successful completion of a payment milestone according to the completion
criteria and submission of a corresponding invoice. This includes milestones
completed in advance of the schedule in Exhibit 4. These amounts must be
received by Kodak within 30 calendar days of the invoice date. All payments made
to Kodak from EarthWatch shall be in U. S. dollars. EarthWatch shall pay a
penalty of one percent (1.00%) of the full invoice amount for each month, or any
portion of a month, that a payment is past due until the past due amount is paid
by EarthWatch. Late payment charges will be billed to EarthWatch on a separate
invoice. Kodak shall be solely responsible for payment to its vendors and
suppliers for all sums properly due such parties.
     In the event that EarthWatch does not agree with the completion of a
milestone invoiced by Kodak, EarthWatch shall so notify Kodak in writing within
5 business days of receipt of the invoice. If it is determined that Kodak has
not completed the milestone as specified in Exhibit 4, the invoice date shall be
delayed until such time as the milestone is completed. If it is determined that
Kodak had properly completed the milestone as of the original invoice date, then
payment shall be due within 30 calendar days of the original invoice date and
all applicable late payment penalties shall apply.

                                       3

EarthWatch/Kodak Confidential
<PAGE>

                                                                  Amendment 8 to
                                                          Contract IM.SSS.0002.A
                                                                        03/17/98

     EarthWatch shall send payments to the following address and shall include
Kodak's invoice number on all payments:

               EASTMAN KODAK COMPANY
               P.O. Box 100813
               Atlanta, GA 30384

          Payments may also be made by wire transfer to:
               CITIBANK N.A.
               New York, New York
               Routing/Transfer No. 0210-0008-9
               Account No. 40550939 (Domestic)

          Include the following information:
               EarthWatch Incorporated, Longmont, CO
               Customer No. 0565143
               Invoice No: To be completed with each transfer
               Amount Paid: To be completed with each transfer

     In the event Kodak fails to complete any milestone on or before the planned
completion date, EarthWatch shall not be required to pay the amount specified
for the milestone until it is completed.

     In the event that the planned completion of a milestone is delayed because
of contractual direction from EarthWatch, both parties agree that the milestone
description will be changed to a new mutually agreed to payment milestone
description, consistent with the original planned date of completion.

Delete subparagraph o)2) "Notices" and replaced with the following:

Notices:

          All contractual correspondence, including notices, reports and
          documentation, shall be addressed as follows:
          KODAK:                                         EARTHWATCH:

          Eastman Kodak Company                   EarthWatch Incorporated
          Commercial & Government Systems
          800 Lee Road                            1900 Pike Road
          Rochester, NY 14650-3121                Longmont, CO 80503

          Attn.: James S. Holmes                  Attn.: Neal T. Anderson
          Contracts Department                    Senior Director, Spacecraft
                                                  Systems

                                                  cc:  Shawn Thompson
                                                       Contract Manager

                                       4
EarthWatch/Kodak Confidential
<PAGE>

                                                                  Amendment 8 to
                                                          Contract 1M.SSS.0002.A
                                                                        03/17/98

Delete subparagraph o)3) "Authorized Representatives" and replaced with the
following:
Authorized Representatives:
---------------------------

          The only individuals authorized to make changes to this Agreement and
          to sign contract documents are:
          EASTMAN KODAK CO.             EARTHWATCH INC.
          James S. Holmes               Donovan B. Hicks
          Contracts Department          Chief Executive Officer & President
          or                            or
          Richard W. Wambach Jr.        Walter S. Scott
          Contracts Manager             Chief Technical Officer
          Contracts Department
          Either party may change its authorized representatives at any time by
          providing written notice to the other party.

Delete subparagraph o)5) "Order of Precedence" and replace with the following:

Order of Precedence: In the event of any conflict, the controlling document
-------------------
shall be determined by the following order of precedence:

               A. This Agreement and Exhibits 1 and 4
               B. The Statement of Work, Exhibits 2 and 6
               C. The Sensor Subsystem Specification, Exhibit 3
               D. The Sensor Subsystem Interface Control Document, Exhibit 7
               E. The Three Party Confidentiality Agreement between Kodak,
                  EarthWatch, and Ball Aerospace and Technologies Corporation
                  dated 20 January 97,

                                       5
EarthWatch/Kodak Confidential
<PAGE>

Exhibit 4 - Pricing/Payment/Termination Liability/FM2 Option (amended 3/16/98)
 -----------------------------------------------------------------------------

Pricing and FM2 Option:

<TABLE>
<CAPTION>

                   Description                                             Delivery Date              Price
                   -----------                                             -------------              -----
<S>                                                                       <C>                       <C>
QuickBird Sensor Subsystem Non-recurring Design                          Not applicable            $ 3,411,800

QuickBird Sensor Subsystem - Flight Model 1 and Critical                    15 January
Parts for Flight Model 2                                                      1999                 $16,587,250

Small Changes authorized in EarthWatch Letters dated                       As noted in
1/14/97, 1/28/97, 3/18/97, 4/8/97 and 4/23/97                             authorization
                                                                             letters               $   100,950
Monthly Risk Reduction SOW's                                               28 February
per Amendments 5 through 7 plus 3/12/98 Letter of                             1998                 $ 1,600,000
Authorization                                                                                      -----------
                                                                          Total Price              $21,700,000

        Option for Completion of Flight Model 2                          Exercise Date             Option Price
                                                                         -------------             ------------
QuickBird Sensor Subsystem - Flight Model 2 Option 2a                   2 January 1999              $5,200,000

                                                                         Delivery Date
                                                                         -------------
                                                                         1 September
                                                                            1999
</TABLE>

                                       1
<PAGE>

                                           Exhibit 4

<TABLE>
<CAPTION>
Baseline Payment/Termination Liability Schedule - 3/16/98
------------------------------------------------------------------------------------------------------------------------------------
                                                                                               BASELINE              Cumulative
------------------------------------------------------------------------------------------------------------------------------------
Invoice                                                                                        Milestone            Termination
-----------------------------------------------------------------------------------------------------------------------------------
 Date             Payment Milestone                       Completion Criteria                    Amount               Liability
-----------------------------------------------------------------------------------------------------------------------------------
<S>                                                  <C>                                     <C>                   <C>
10/15/96    Contract Start                             Contract Fully Executed                $   10,000,000
-----------------------------------------------------------------------------------------------------------------------------------
11/15/96      None                                     None                                   $            -
-----------------------------------------------------------------------------------------------------------------------------------
12/15/96      None                                     None                                   $            -
-----------------------------------------------------------------------------------------------------------------------------------
1/15/97       None                                     None                                   $            -
-----------------------------------------------------------------------------------------------------------------------------------
2/15/97       None                                     None                                   $            -
-----------------------------------------------------------------------------------------------------------------------------------
3/15/97       None                                     None                                   $            -
-----------------------------------------------------------------------------------------------------------------------------------
4/1/97        FM2 Start                                FM2 Authorization                      $    1,795,000
-----------------------------------------------------------------------------------------------------------------------------------
5/15/97       None                                     None                                   $            -
-----------------------------------------------------------------------------------------------------------------------------------
6/15/97       None                                     None                                   $            -
-----------------------------------------------------------------------------------------------------------------------------------
7/15197       Start Box Level Assy.                    Work Order Issued                      $    2,216,000
-----------------------------------------------------------------------------------------------------------------------------------
7/15/97       Small Changes                            Optical simul., SSS connectors, etc.   $      100,950
-----------------------------------------------------------------------------------------------------------------------------------
8/15/97       August SOW activities                    Execute Ammendment 5                   $      400,000
-----------------------------------------------------------------------------------------------------------------------------------
9/1/97        Sept. SOW activities                     Execute Ammendment 6                   $      250,000
-----------------------------------------------------------------------------------------------------------------------------------
10/1/97       Oct. SOW activities                      Execuie Ammendment 7                   $      150,000
-----------------------------------------------------------------------------------------------------------------------------------
11/1/97       Nov. SOW activities                      Monthly activities, SOW addendum 3     $      100,000
-----------------------------------------------------------------------------------------------------------------------------------
12/1/97       Dec. SOW activities                      Monthly activities, SOW addendum 3     $      150,000
-----------------------------------------------------------------------------------------------------------------------------------
1/1/98        Jan. SOW activities                      Monthly activities, SOW addendum 3     $      200,000
-----------------------------------------------------------------------------------------------------------------------------------
2/1/98        Feb. SOW activities                      Monthly activities, SOW addendum 3     $      200,000      $   19,490,000
-----------------------------------------------------------------------------------------------------------------------------------
3/12/98       Feb. SOW activities plus 1 wk.           EarthWatch Letter Authorization        $      150,000      $   19,876,000
-----------------------------------------------------------------------------------------------------------------------------------
3/16/98       Contract Restart                         Contract Fully Executed                $      650,000      $   19,976,000
-----------------------------------------------------------------------------------------------------------------------------------
4/1/98        Start FM MS Buffer BD Assy               Work Order Released                    $       75,000      $   20,055.000
-----------------------------------------------------------------------------------------------------------------------------------
4/1/98        FMI PAN & MS Clock Driver Assembly       Assemblies Complete and Inspected      $      225,000
-----------------------------------------------------------------------------------------------------------------------------------
4/15/98       FPU Interface Module                     Module Test Data Collection Complete   $      275,000      $   20,146,000
-----------------------------------------------------------------------------------------------------------------------------------
4/15/98       Pan Buffer Board Redesign                FM Buffer Boards Released for Fab      $      125,000
-----------------------------------------------------------------------------------------------------------------------------------
5/1/98        FM1 DVI Assembly                         Complete, Inspected, Ready, for         $      175,000     $   20,237,000
                                                       Next Level A
-----------------------------------------------------------------------------------------------------------------------------------
5/1/98        Start FPU System Interconnect Board Fab  P.O. Placed with Vendor, Fab Started   $       75,000
-----------------------------------------------------------------------------------------------------------------------------------
5/1/98        Assemble FM1 FPU Digitizer Boards        Digitizer Assys Released for           $      175,000
                                                       Module Assembly
-----------------------------------------------------------------------------------------------------------------------------------
5/15198       EM Compression Board Module Assembly     Assembly Complete and Inspected        $      200,000      $   20,328,000
-----------------------------------------------------------------------------------------------------------------------------------
5/15/98       Start FM1 Compression Board Assembly     Work Order Released, Assywork started  $       75,000
-----------------------------------------------------------------------------------------------------------------------------------
6/1/98        FM1 1553 Module Test                     1553 Module Test Data                  $      125,000      $   20,419,000
                                                       Collection Complete
-----------------------------------------------------------------------------------------------------------------------------------
6/1/98        FM1 Timing Board Testing (w/o Flight PR  Timing Board Test Data                 $      125,000
                                                       Collection Complete
-----------------------------------------------------------------------------------------------------------------------------------
6/1/98        Start of FM1 PSU Heater Board            P.O. Placed with Vendor, Fab Started   $       50,000
-----------------------------------------------------------------------------------------------------------------------------------
6/15/98       FM2 MS Filters                           Filters Coated, Cut, Ready Assy        $      125,000
-----------------------------------------------------------------------------------------------------------------------------------
6/15/98       Bond ARD & Header Pins on FM1 FPA        Assembly Complete and Inspected        $       50,000      $   20,511,000
-----------------------------------------------------------------------------------------------------------------------------------
6/15/98       FMI WBIF Module Assembly                 Assembly Complete and Inspected        $      150,000      $      150,000
-----------------------------------------------------------------------------------------------------------------------------------
7/1/98        Install FMI Pan & MS DCA's               Installation Complete and Inspected    $      150,000      $   20,603,000
-----------------------------------------------------------------------------------------------------------------------------------
7/15/98       Pan Buffer Board Assembly                Assembly Complete and Inspected        $      125,000
-----------------------------------------------------------------------------------------------------------------------------------
7/15198       FM1 Compression Module Test              Module Test Data Collection Complete   $      150,000      $   20,696,000
-----------------------------------------------------------------------------------------------------------------------------------
8/1/98        Heater Tape & Thermistors installed on F Installation Complete and Inspected    $       50,000      $   20,789,000
-----------------------------------------------------------------------------------------------------------------------------------
8/1/98        FPE "Power On" Test                      FPE "Power On" Test Data
                                                       Collection Complete                    $      175,000
-----------------------------------------------------------------------------------------------------------------------------------
8/15/98       FM1 Cable Unit Assembly                  Assembly Complete and Inspected        $       50,000      $   20,883,000
-----------------------------------------------------------------------------------------------------------------------------------
8/15/98       FM1 DPU                                  Assembly Complete & Ready for Test     $      150,000
-----------------------------------------------------------------------------------------------------------------------------------
9/1/98        FM1 FPA Environmental Testing            Environmental Test Succesfully
                                                       Completed                              $       75,000      $   20,977,000
-----------------------------------------------------------------------------------------------------------------------------------
9/1/98        Conformal Coat FM1 FPU Boards            Assembly Complete and Inspected        $       25,000
-----------------------------------------------------------------------------------------------------------------------------------
9/1/98        Set DPU Timing                           Mate FPU/DPU and set DPU timing        $       75,000
-----------------------------------------------------------------------------------------------------------------------------------
9/1/98        FM2 Pan & MS OCA's Installed             DCA's Installed & Inspected            $      125,000
-----------------------------------------------------------------------------------------------------------------------------------
9/l5/98       FMI Timing Boards Completion             Assembly Complete and Inspected        $       50,000      $   21,071,000
-----------------------------------------------------------------------------------------------------------------------------------
9/15/98       DPU Baseline Functional Test             DPU Functional Test Data               $       75,000
                                                       Collection Completed
-----------------------------------------------------------------------------------------------------------------------------------
10/1/98       FPU Thermal Cycle Test                   Test Successfully Completed,           $      100,000      $   21,166,000
                                                       FPU/DPU Mate
-----------------------------------------------------------------------------------------------------------------------------------
10/1/98       FMI FPU Vibration Test                   FPU Vibe Test Successfully Completed   $       50,000
-----------------------------------------------------------------------------------------------------------------------------------
10/1/98       FM1 PSU Assembled                        Assembly Complete & Ready for Test     $      125,000      $   21,261,000
-----------------------------------------------------------------------------------------------------------------------------------
10/1/98       FM2 FPA Testing                          Testing Successfully Completed         $      150,000
-----------------------------------------------------------------------------------------------------------------------------------
10/15/98      FM2 Board Assembly (25%)                 25% FM2 Board Assemblies Completed     $      150,000
-----------------------------------------------------------------------------------------------------------------------------------
10/15/98      DPU Thermal Test                         DPU Thermal Test Data                  $       75,000      $   21,357,000
                                                       Collection Complete
-----------------------------------------------------------------------------------------------------------------------------------
11/1/98       Assemble FM1 PSU Heater Board            Assembly Complete and Inspected        $       50,000      $   21,453,000
-----------------------------------------------------------------------------------------------------------------------------------
11/1/98       DPU Vibration Test                       DPU Vibration Test Data                $       75,000
                                                       Collection Complete
-----------------------------------------------------------------------------------------------------------------------------------
11/1/98       FM2 Board Assembly (50%)                 50% FM2 Board Assemblies Completed     $      150,000
-----------------------------------------------------------------------------------------------------------------------------------
11/1/98       Conformal Coat FMI PSU Boards            Assembly Complete and Inspected        $       25,000
-----------------------------------------------------------------------------------------------------------------------------------
11/15/98      FM2 Board Assembly (75%)                 75% FM2 Board Assemblies Completed     $      150,000      $   21,549,000
-----------------------------------------------------------------------------------------------------------------------------------
11/15/98      PSU Thermal Test                         PSU Thermal Test Data                  $       50,000
                                                       Collection Complete
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                                Page 1
<PAGE>

                                              Exhibit 4

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Baseline Payment Termination Liability Schedule - 3/16/98 (cont'd)
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                 BASELINE        Cummulative
----------------------------------------------------------------------------------------------------------------------------------
   Invoice                                                                                      Milestone         Termination
----------------------------------------------------------------------------------------------------------------------------------
    Date               Payment Milestone                    Completion Criteria                  Amount           Liability
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
<S>       <C>                                <C>                                            <C>              <C>
12/1/98      FMI DPU Complete                   Assembly Complete and Inspected                   $   100,000       $   21,646,000
----------------------------------------------------------------------------------------------------------------------------------
12/1/98      PSU Vibe Test                      PSU Vibe Test Data Collection Complete            $    50,000
----------------------------------------------------------------------------------------------------------------------------------
12/15/98     FM2 Board Assembly (100%)          100% FM2 Board Assemblies Completed               $   150,000
----------------------------------------------------------------------------------------------------------------------------------
12/15/99     PSU Thermal Vac Test               PSU Thermal Vac Test Data Collection Comp         $    50,000       $   21,744,000
----------------------------------------------------------------------------------------------------------------------------------
12/15/99     SSS Integration & Baseline Test    SSS Baseline Test Data Collection Complete        $   100,000
----------------------------------------------------------------------------------------------------------------------------------
1/1/99       SSS EMI Test                       SSS EMI Test Data Collection Complete             $    50,000
----------------------------------------------------------------------------------------------------------------------------------
1/15/99      Ship FM1 SSS                       FM1 Shipped from Kodak                            $    288,050      $   21,842,000
----------------------------------------------------------------------------------------------------------------------------------
2/15/99      FM1 Field Support                  30 Days of Field Support Provided by Kodak        $     50,000
----------------------------------------------------------------------------------------------------------------------------------
3/15/99      FM1 Field Support                  30 Days of Field Support Provided by Kodak        $     50,000      $   21,940,000
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                  $ 21,700,000
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                           Page 2
<PAGE>

                                                Exhibit 4

<TABLE>
<CAPTION>
Option for Completion of FM2: Payment/Termination Liability Schedule - 3/16/98
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                                     FM2
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Completion          Cummulative
-----------------------------------------------------------------------------------------------------------------------------------
  Invoice                                                                                          Milestone          Termination
-----------------------------------------------------------------------------------------------------------------------------------
   Date            Payment Milestone                    Completion Criteria                          Amount             Liability
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
<S>        <C>                                   <C>                                          <C>                 <C>
1/1/99       Option for FM2 Completion: Start      Execution of Option                            $   700,000        $    850,000
-----------------------------------------------------------------------------------------------------------------------------------
1/15/99      FM2 Cable Unit Assembly Started       Work Order Released, Assembly Begun            $   100,000        $  1,000,000
-----------------------------------------------------------------------------------------------------------------------------------
2/1/99       FM2 Box Level Assemblies Started      Work Order Released, Assembly Begun            $   300,000        $  1,400,00O
-----------------------------------------------------------------------------------------------------------------------------------
2/15/99      FM2 Clock Driver Boards Testing       Tested & Ready for Next Assy Level             $   400,000        $  1,900,000
-----------------------------------------------------------------------------------------------------------------------------------
3/1/99       FM2 PSU Assembly                      Assembly Complete & Inspected                  $   350,000        $  2,350,000
-----------------------------------------------------------------------------------------------------------------------------------
3/15/99      FM2 ASP Module Test                   Tested & Ready for Next Assy Level             $   350,000        $  2,700,000
-----------------------------------------------------------------------------------------------------------------------------------
4/1/99       FM2 FPU Assembly                      Assembly Complete & Inspected                  $   200,000        $  2,900,000
-----------------------------------------------------------------------------------------------------------------------------------
4/15/99      FM2 PSU Functional Test               Functional Test Successfully Completed         $   300,000        $  3,200,000
-----------------------------------------------------------------------------------------------------------------------------------
4/15/99      FM2 DPU Assembly                      Assembly Complete & Inspected                  $   200.000
-----------------------------------------------------------------------------------------------------------------------------------
5/1/99       FM2 DPU Functional Test               Functional Test Successfully Completed         $   220,000        $  3,620,000
-----------------------------------------------------------------------------------------------------------------------------------
5/15/99      FM2 Cable Unit Assembly               Assembly Complete, Ready for Integration       $   200.000        $  3,820,000
-----------------------------------------------------------------------------------------------------------------------------------
5/15/99      FM2 FPU Radiometry Test               Test Completed, Data Collected                 $   200,000
-----------------------------------------------------------------------------------------------------------------------------------
6/1/99       FM2 PSU Vibe Test                     Vibe Test Successfully Completed               $   200,000        $  4,220,000
-----------------------------------------------------------------------------------------------------------------------------------
6/1/99       Set FM2 DPU Timing                    Mate FPU/DPU, Set DPU Timing                   $   100,000
-----------------------------------------------------------------------------------------------------------------------------------
6/15/99      FM2 DPU Vibe Test                     Vibe Test Successfully Completed               $   200,000        $  4,520,000
-----------------------------------------------------------------------------------------------------------------------------------
7/1/99       FM2 PSU Thermal Test                  Thermal Test Successfully Completed            $   150,000        $  4,670,000
-----------------------------------------------------------------------------------------------------------------------------------
7/15/99      FM2 FPU Vibe Test                     Vibe Test Successfulty Completed               $   150,000        $  4,820,000
-----------------------------------------------------------------------------------------------------------------------------------
8/1/99       Begin FM2 SSS Integration             Work Order Released, Assembly Begun            $   150,000        $  4,970,000
-----------------------------------------------------------------------------------------------------------------------------------
8/15/99      FM2 SSS Thermal Cycle Test            Thermal Test Successfully Completed            $   150,000        $  5,120,000
-----------------------------------------------------------------------------------------------------------------------------------
9/1/99       Ship FM2                              FM2 Shipped from Kodak                         $   450,000        $  5,370,000
-----------------------------------------------------------------------------------------------------------------------------------
10/1/99      FM2 Field Support                     30 Days of Field Support Provided by Kodak     $    65,000        $  5,435,000
-----------------------------------------------------------------------------------------------------------------------------------
11/1/99      FM2 Field Support                     30 Days of Field Support Provided by Kodak     $    65,000        $  5,440,000
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                                  $ 5,200,000
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                                  Page 3
<PAGE>

                                   AMENDMENT 9
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
                   EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to incorporate a revised Baseline Payment/Termination
Liability Schedule within Exhibit 4. In addition, this amendment incorporates
revisions to the following documents:

Exhibit 1 - Terms and Conditions is revised as noted.
Exhibit 4 - The portion of Pricing/Payments/Termination Liability titled
            Baseline Payment/Termination Liability Schedule (Amended March 16,
            1998) is deleted and replaced in its entirety with Baseline Payment/
            Termination Liability Schedule (Amended June 16, 1998).

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH, INCORPORATED

By:  /s/ Herbert F. Satterlee III                       6/16/98
     ------------------------------------          ----------------
     Herbert F. Satterlee III                      Date:
     Chief Executive Officer & President

EASTMAN KODAK COMPANY

By:  /s/ Jefferey A. Wynn for                           6/23/98
     -----------------------------------           -----------------
     Carl A. Marchetto                             Date
     Vice President and General Manger
     EASTMAN KODAK COMPANY
     Image Acquisition Systems

                                       1
EarthWatch/Kodak Confidential
<PAGE>

                                                                  Amendment 9 to
                                                          Contract 1M.SSS.0002.A
                                                                        06/17/98
                       Amendment 9 Revisions to Exhibit 1
                                       to
            Agreement for the EarthWatch QuickBird Sensor Subsystem
                                 June 16, 1998

This Amendment is issued to incorporate the following noted changes

Delete subparagraph o)2) "Notices" and replaced with the following:
Notices:
---------
       All contractual correspondence, including notices, reports and
       documentation, shall be addressed as follows:
       KODAK:                                EARTHWATCH:

       Eastman Kodak Company                 EarthWatch Incorporated
       Commercial & Government Systems
       800 Lee Road                          1900 Pike Road
       Rochester, NY 14650-3121              Longmont, CO 80503

       Attn.: James S. Holmes                Attn.: Neal T. Anderson
       Contracts Department                  Senior Director, Spacecraft Systems

                                             cc:  Shawn Thompson
                                                  Director of Contracts

Delete subparagraph o)3) "Authorized Representatives" and replaced with the
following:
Authorized Representatives:
---------------------------

       The only individuals authorized to make changes to this Agreement and
       to sign contract documents are:
       EASTMAN KODAK CO.                     EARTHWATCH INC.
       James S. Holmes                       Herbert F. Satterlee III
       Contracts Department                  Chief Executive Officer & President

       or                                    or

       Richard W. Wambach Jr.                Walter S. Scott
       Contracts Manager                     Chief Technical Officer
       Contracts Department
                                             or
                                             Shawn Thompson
                                             Director of Contracts
       Either party may change its authorized representatives at any time by
       providing written notice to the other party.

                                       2
EarthWatch/Kodak Confidential
<PAGE>

                                   Exhibit 4

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Baseline Payment/Termination Liability Schedule - Revised 6/16/98
------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>                                 <C>                                             <C>               <C>
                                                                                                    BASELINE          Cummulative
Invoice                                                                                             Milestone         Termination
 Date                   Payment Milestone                  Completion Criteria                       Amount            Liability
 ----                   -----------------                  ---------------------                     ------            ---------
------------------------------------------------------------------------------------------------------------------------------------
10/15/96        Contract Start                      Contract Fully Executed                         $10,000,000
------------------------------------------------------------------------------------------------------------------------------------
11/15/96        None                                None                                            $       -
------------------------------------------------------------------------------------------------------------------------------------
12/15/96        None                                None                                            $       -
------------------------------------------------------------------------------------------------------------------------------------
1/15/97         None                                None                                            $       -
------------------------------------------------------------------------------------------------------------------------------------
2/15/97         None                                None                                            $       -
------------------------------------------------------------------------------------------------------------------------------------
3/15/97         None                                None                                            $       -
------------------------------------------------------------------------------------------------------------------------------------
4/1/97          FM2 Start                           FM2 Authorization                               $ 1,795,000
------------------------------------------------------------------------------------------------------------------------------------
5/15/97         None                                None                                            $       -
------------------------------------------------------------------------------------------------------------------------------------
6/15/97         None                                None                                            $       -
------------------------------------------------------------------------------------------------------------------------------------
7/15/97         Start Box Level Assy.               Work Order Issued                               $ 2,216,000
------------------------------------------------------------------------------------------------------------------------------------
7/15/97         Small Changes                       Optical simul., SSS connectors, etc.            $   100,950
------------------------------------------------------------------------------------------------------------------------------------
8/15/97         August SOW activities               Execute Amendment 5                             $   400,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/97          Sep. SOW activities                 Execute Amendment 6                             $   250,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/97         Oct. SOW activities                 Execute Amendment 7                             $   150,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/97         Nov. SOW activities                 Monthly activities, SOW addendum 3              $   100,000
------------------------------------------------------------------------------------------------------------------------------------
12/1/97         Dec. SOW activities                 Monthly activities, SOW addendum 3              $   150,000
------------------------------------------------------------------------------------------------------------------------------------
1/1/98          Jan. SOW activities                 Monthly activities, SOW addendum 3              $   200,000
------------------------------------------------------------------------------------------------------------------------------------
2/1/98          Feb. SOW activities                 Monthly activities, SOW addendum 3              $   200,000        $  19,490,000
------------------------------------------------------------------------------------------------------------------------------------
3/12/98         Feb. SOW activities plus l wk.      EarthWatch Letter Authorization                 $   150,000        $  19,876,000
------------------------------------------------------------------------------------------------------------------------------------
3/16/98         Contract Restart                    Contract Fully Executed                         $   650,000        $  19,976,000
------------------------------------------------------------------------------------------------------------------------------------
4/1/98          Start FM MS Buffer BD Assy          Work Order Released                             $    75,000        $  20,055,000
------------------------------------------------------------------------------------------------------------------------------------
4/1/98          FM1 Pan & MS Clock Driver Assembly  Assemblies Complete and Inspected               $   225,000
------------------------------------------------------------------------------------------------------------------------------------
4/15/98         FPU Interface Module                Module Test Data Collection Complete            $   275,000        $  20,146,000
------------------------------------------------------------------------------------------------------------------------------------
4/15/98         Pan Buffer Board Redesign           FM Buffer Boards Released for Fab               $   125,000
------------------------------------------------------------------------------------------------------------------------------------
5/1/98          FM1 DVI Assembly                    Complete, Inspected, Ready for Next Level Assy  $   175,000        $  20,237,000
------------------------------------------------------------------------------------------------------------------------------------
5/1/98          Start FPU System Interconnect       P.O. Placed with Vendor, Fab Started            $    75,000
                Board Fab
------------------------------------------------------------------------------------------------------------------------------------
5/1/98          Assemble FM1 FPU Digitizer Boards   Digitizer Ass'ys Released for Module Assembly   $   175,000
------------------------------------------------------------------------------------------------------------------------------------
5/15/98         EM Compression Board Module         Assembly Complete and Inspected                 $   200,000        $  20,328,000
                Assembly
------------------------------------------------------------------------------------------------------------------------------------
5/15/98         Start FM1 Compression Board         Work Order Released, Assywork started           $    75,000
                Assembly
------------------------------------------------------------------------------------------------------------------------------------
6/1/98          FM1 1553 Module Test                1553 Module Test Data Collection Complete       $   125,000        $  20,419,000
------------------------------------------------------------------------------------------------------------------------------------
6/1/98          Start of FM1 PSU Heater Board       P.O. Placed with Vendor, Fab Started            $   100,000
------------------------------------------------------------------------------------------------------------------------------------
6/15/98         FM2 MS Filters                      Filters Coated, Cut, Ready for Assy.            $   150,000
------------------------------------------------------------------------------------------------------------------------------------
6/15/98         Bond ARD & Header Pins on FM1 FPA   Assembly Complete and Inspected                 $   100,000        $  20,511,000
------------------------------------------------------------------------------------------------------------------------------------
6/15/98         FM1 WBIF Module Assembly            Assembly Complete and Inspected                 $   150,000
------------------------------------------------------------------------------------------------------------------------------------
7/1/98          Install FM1 Pan & MS DCA's          Installation Complete and Inspected             $   150,000        $  20,603,000
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                        Page 1
<PAGE>

                                   Exhibit 4

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Baseline Payment/Termination Liability Schedule - Revised 6/16/98
------------------------------------------------------------------------------------------------------------------------------------
<C>         <S>                                            <C>                                          <C>              <C>
                                                                                                          BASELINE       Cumulative
Invoice                                                                                                   Milestone      Termination
 Date                  Payment Milestone                           Completion Criteria                     Amount         Liability
 ----                  -----------------                           -------------------                     ------         ---------
------------------------------------------------------------------------------------------------------------------------------------
7/15/98   Pan Buffer Board Assembly                        Assembly Complete and Inspected               $    125,000
------------------------------------------------------------------------------------------------------------------------------------
7/15/98   FM1 Compression Module Test                      Module Test Data Collection Complete          $    150,000   $ 20,696,000
------------------------------------------------------------------------------------------------------------------------------------
8/1/98    Heater Tape & Thermistors Installed on FPA       Installation Complete and Inspected           $     50,000   $ 20,789,000
------------------------------------------------------------------------------------------------------------------------------------
8/1/98    FPE "Power On" Test                              FPE "Power On" Test Data Collection Complete  $    175,000
------------------------------------------------------------------------------------------------------------------------------------
8/15/98   FM1 Cable Unit Assembly                          Assembly Complete and Inspected               $     50,000   $ 20,883,000
------------------------------------------------------------------------------------------------------------------------------------
8/15/98   FM1 DPU Assembled                                Assembly Complete & Ready for Test            $    150,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/98    FM1 FPA Environmental Testing                    Environmental Test Successfully Completed     $     75,000   $ 20,977,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/98    Conformal Coat FM1 FPU Boards                    Assembly Completed and Inspected              $     25,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/98    Set DPU Timing                                   Mate FPU/DPU and set DPU timing               $     75,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/98    FM2 Pan & MS DCA's Installed                     DCA's Installed & Inspected                   $    125,000
------------------------------------------------------------------------------------------------------------------------------------
9/15/98   FM1 Timing Boards Completion                     Assembly Complete and Inspected               $     50,000   $ 21,071,000
------------------------------------------------------------------------------------------------------------------------------------
9/15/98   DPU Baseline Functional Test                     DPU Functional Test Data Collection Complete  $     75,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/98   FPU Thermal Cycle Test                           Test Successfully Completed, FPU/DPU Mated    $    100,000   $ 21,166,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/98   FM1 FPU Vibration Test                           FPU Vibe Test Successfully Completed          $     50,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/98   FM1 PSU Assembled                                Assembly Complete & Ready for Test            $    125,000   $ 21,261,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/98   FM2 FPA Testing                                  Testing Successfully Completed                $    150,000
------------------------------------------------------------------------------------------------------------------------------------
10/15/98  FM2 Board Assembly (25%)                         25% FM2 Board Assemblies Completed            $    150,000
------------------------------------------------------------------------------------------------------------------------------------
10/15/98  DPU Thermal Test                                 DPU Thermal Test Data Collection Complete     $     75,000   $ 21,357,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/98   Assemble FM1 PSU Heater Board                    Assembly Complete and Inspected               $     50,000   $ 21,453,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/98   DPU Vibration Test                               DPU Vibration Test Data Collection Complete   $     75,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/98   FM2 Board Assembly (50%)                         50% FM2 Board Assemblies Completed            $    150,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/98   Conformal Coat FM1 PSU Boards                    Assembly Complete and Inspected               $     25,000
------------------------------------------------------------------------------------------------------------------------------------
11/15/98  FM2 Board Assembly (75%)                         75% FM2 Board Assemblies Completed            $    150,000   $21,549,000
------------------------------------------------------------------------------------------------------------------------------------
11/15/98  PSU Thermal Test                                 PSU Thermal Test Data Collection Complete     $     50,000
------------------------------------------------------------------------------------------------------------------------------------
12/1/98   FM1 DPU Complete                                 Assembly Complete and Inspected               $    100,000   $21,646,000
------------------------------------------------------------------------------------------------------------------------------------
12/1/98   PSU Vibe Test                                    PSU Vibe Test Data Collection Complete        $     50,000
------------------------------------------------------------------------------------------------------------------------------------
12/15/98  FM2 Board Assembly (100%)                        100% FM2 Board Assemblies Completed           $    150,000
------------------------------------------------------------------------------------------------------------------------------------
12/15/99  PSU Thermal Vac Test                             PSU Thermal Vac Test Data Collection Complete $     50,000   $ 21,744,000
------------------------------------------------------------------------------------------------------------------------------------
12/15/99  SSS Integration & Baseline Test                  SSS Baseline Test Data Collection Complete    $    100,000
------------------------------------------------------------------------------------------------------------------------------------
1/1/99    SSS EMI Test                                     SSS EMI Test Data Collection Complete         $     50,000
------------------------------------------------------------------------------------------------------------------------------------
1/15/99   Ship FM1 SSS                                     FM1 Shipped from Kodak                        $    288,050   $ 21,842,000
------------------------------------------------------------------------------------------------------------------------------------
2/15/99   FM1 Field Support                                30 Days of Field Support Provided by Kodak    $     50,000
------------------------------------------------------------------------------------------------------------------------------------
3/15/99   FM1 Field Support                                30 Days of Field Support Provided by Kodak    $     50,000   $ 21,940,000
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                         $ 21,700,000
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                    Page 2
<PAGE>

                                  AMENDMENT 10
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
                   EARTHWATCH, INC. AND EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to modify the delivery and payment schedule of the FM1
PSU milestones. As a result, this Amendment incorporates revisions to the
following document:

Exhibit 4 - Baseline Payment/Termination Liability Schedule - Revised 6/16/98
            is deleted and replaced in its entirety with Exhibit 4 - Baseline
            Payment/Termination Liability Schedule - Revised 9/11/98.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH INCORPORATED

By: /s/ Herbert F. Satterlee III                9/28/98
    ------------------------------------     --------------
    Herbert F. Satterlee III                 Date
    Chief Executive Officer & President

EASTMAN KODAK COMPANY

By:  /s/ James S. Holmes                       10/13/98
    ------------------------------------     --------------
    James S. Holmes                          Date
    Contracts, Image Acquisition Systems

<PAGE>

                                   Exhibit 4
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Baseline Payment/Termination Liability Schedule - Revised 9/11/98
------------------------------------------------------------------------------------------------------------------------------------
<S>               <C>                               <C>                                           <C>                 <C>
                                                                                                  BASELINE            Cummulative
Invoice                                                                                           Milestone           Termination
 Date             Payment Milestone                 Completion Criteria                             Amount             Liability
 ----             -----------------                 -------------------                             ------             ---------

8/15/98           FM1 Cable Unit Assembly           Assembly Complete and Inspected                $      50,000      $  20,883,000
------------------------------------------------------------------------------------------------------------------------------------
8/15/98           FM1 DPU Assembled                 Assembly Complete & Ready for Test             $     150,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/98            FM1 FPA Environmental Testing     Environmental Test Successfully Completed      $      75,000      $  20,977,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/98            Conformat Coat FM1 FPU Boards     Assembly Complete and Inspected                $      25,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/98            Set DPU Timing                    Mate FPU/DPU and set DPU timing                $      75,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/98            FM2 Pan & MS DCA's Installed      DCA's Installed & Inspected                    $     125,000
------------------------------------------------------------------------------------------------------------------------------------
9/15/98           FM1 Timing Boards Completion      Assembly Complete and Inspected                $      50,000      $  21,071,000
------------------------------------------------------------------------------------------------------------------------------------
9/15/98           DPU Baseline Functional Test      DPU Functional Test Data Collection Complete   $      75,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/98           FPU Thermal Cycle Test            Test Successfully Completed, FPU/DPU Mated     $     100,000      $  21,166,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/98           FM1 FPU Vibration Test            FPU Vibe Test Successfully Completed           $      50,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/98           Assemble FM1 PSU Heater Board     Assembly Complete and Inspected                $      50,000      $  21,261,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/98           FM2 FPA Testing                   Testing Successfully Completed                 $     150,000
------------------------------------------------------------------------------------------------------------------------------------
10/15/98          FM2 Board Assembly (25%)          25% FM2 Board Assemblies Completed             $     150,000
------------------------------------------------------------------------------------------------------------------------------------
10/15/98          DPU Thermal Test                  DPU Thermal Test Data Collection Complete      $      75,000      $  21,357,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/98           FM1 PSU Assembled                 Assembly Complete & Ready for Test             $     125,000      $  21,453,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/98           DPU Vibration Test                DPU Vibration Test Data Collection Complete    $      75,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/98           FM2 Board Assembly (50%)          50% FM2 Board Assemblies Completed             $     150,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/98           Conformal Coat FM1 PSU Boards     Assembly Complete and Inspected                $      25,000
------------------------------------------------------------------------------------------------------------------------------------
11/15/98          FM2 Board Assembly (75%)          75% FM2 Board Assemblies Completed             $     150,000      $  21,549,000
------------------------------------------------------------------------------------------------------------------------------------
11/15/98          PSU Thermal Test                  PSU Thermal Test Data Collection Complete      $      50,000
------------------------------------------------------------------------------------------------------------------------------------
12/1/98           FM1 DPU Complete                  Assembly Complete and Inspected                $     100,000      $  21,646,000
------------------------------------------------------------------------------------------------------------------------------------
12/1/98           PSU Vibe Test                     PSU Vibe Test Data Collection Complete         $      50,000
------------------------------------------------------------------------------------------------------------------------------------
12/15/98          FM2 Board Assembly (100%)         100% FM2 Board Assemblies Completed            $     150,000
------------------------------------------------------------------------------------------------------------------------------------
12/15/98          PSU Thermal Vac Test              PSU Thermal Vac Test Data Collection Complete  $      50,000      $  21,744,000
------------------------------------------------------------------------------------------------------------------------------------
12/15/98          SSS Integration & Baseline Test   SSS Baseline Test Data Collection Complete     $     100,000
------------------------------------------------------------------------------------------------------------------------------------
1/1/99            SSS EMI Test                      SSS EMI Test Data Collection Complete          $      50,000
------------------------------------------------------------------------------------------------------------------------------------
1/15/99           Ship FM1 SSS                      FM1 Shipped from Kodak                         $     288,050      $  21,842,000
------------------------------------------------------------------------------------------------------------------------------------
2/15/99           FM1 Field Support                 30 Days of Field Support Provided by Kodak     $      50,000
------------------------------------------------------------------------------------------------------------------------------------
3/15/99           FM1 Field Support                 30 Days of Field Support Provided by Kodak     $      50,000      $  21,940,000
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                   $  21,700,000
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                    Page 2
<PAGE>

                                   Exhibit 4

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Baseline Payment/Termination Liability Schedule - Revised 9/11/98
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  BASELINE               Cummulative
 Invoice                                                                                          Milestone              Termination
  Date       Payment Milestone                        Completion Criteria                          Amount                 Liability
 ----        -----------------                        --------------------                          ------                ---------
------------------------------------------------------------------------------------------------------------------------------------
<C>           <S>                                     <C>                                     <C>                        <C>
10/15/96    Contract Start                            Contract Fully Executed                  $  10,000,000
------------------------------------------------------------------------------------------------------------------------------------
11/15/96    None                                      None                                     $         -
------------------------------------------------------------------------------------------------------------------------------------
12/15/96    None                                      None                                     $         -
------------------------------------------------------------------------------------------------------------------------------------
1/15/97     None                                      None                                     $         -
------------------------------------------------------------------------------------------------------------------------------------
2/15/97     None                                      None                                     $         -
------------------------------------------------------------------------------------------------------------------------------------
3/15/97     None                                      None                                     $         -
------------------------------------------------------------------------------------------------------------------------------------
4/1/97      FM2 Start                                 FM2 Authorization                        $   1,795,000
------------------------------------------------------------------------------------------------------------------------------------
5/15/97     None                                      None                                    $          -
------------------------------------------------------------------------------------------------------------------------------------
6/15/97     None                                      None                                    $         -
------------------------------------------------------------------------------------------------------------------------------------
7/15/97     Start Box Level Assy.                     Work Order Issued                       $   2,216,000
------------------------------------------------------------------------------------------------------------------------------------
7/15/97     Small Changes                             Optical simul., SSS connectors, etc.    $     100,950
------------------------------------------------------------------------------------------------------------------------------------
8/15/97     August SOW activities                     Execute Amendment 5                     $     400,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/97      Sep SOW activities                        Execute Amendment 6                     $     250,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/97     Oct. SOW activities                       Execute Amendment 7                     $     150,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/97     Nov. SOW activities                       Monthly activities, SOW addendum 3      $     100,000
------------------------------------------------------------------------------------------------------------------------------------
12/1/97     Dec. SOW activities                       Monthly activities, SOW addendum 3      $     150,000
------------------------------------------------------------------------------------------------------------------------------------
1/1/98      Jan. SOW activities                       Monthly activities, SOW addendum 3      $     200,000
------------------------------------------------------------------------------------------------------------------------------------
2/1/98      Feb. SOW activities                       Monthly activities. SOW addendum 3      $     200,000        $19,490,000
------------------------------------------------------------------------------------------------------------------------------------
3/12/98     Feb. SOW activities plus I wk.            EarthWatch Letter Authorization-        $     150,000        $19,876,000
------------------------------------------------------------------------------------------------------------------------------------
3/16/98     Contract Restart                          Contract Fully Executed                 $     650,000        $19,976,000
------------------------------------------------------------------------------------------------------------------------------------
4/1/98      Start FM MS Buffer BID Assy               Work Order Released                     $      75,000        $20,055,000
------------------------------------------------------------------------------------------------------------------------------------
4/1/98      FM I PAN& MS Clock Driver Assembly        Assemblies Complete and Inspected       $     225,000
------------------------------------------------------------------------------------------------------------------------------------
4/15/98     FPU Interface Module                      Module Test Data Collection Complete    $     275,000        $20,146,000
------------------------------------------------------------------------------------------------------------------------------------
4/15/98  Pan Buffer Board Redesign                    FM Buffer Boards Released for Fab       $     125,000
------------------------------------------------------------------------------------------------------------------------------------
5/1/98  FM1 DVI Assembly                              Complete, Inspected, Ready for Next     $     175,000        $20,237,000
------------------------------------------------------------------------------------------------------------------------------------
5/1/98  Start FPU System Interconnect Board Fab       P.O. Placed with Vendor, Fab Started    $      75,000
------------------------------------------------------------------------------------------------------------------------------------
5/1/98  Assemble FM 1 FPU Digitizer Boards            Digitizer Ass'ys Realeased for Module   $     175,000
                                                      Assembly
------------------------------------------------------------------------------------------------------------------------------------
5/15/98  EM Compression Board Module Assembly         Assembly Complete and Inspected         $     200,000        $20,3~8,000
------------------------------------------------------------------------------------------------------------------------------------
5/15/98  Start FM 1 Compression Board Assembly        Work Order Released, Assywork started   $    75,000
------------------------------------------------------------------------------------------------------------------------------------
6/1/98   FM 1 1553 Module Test                        1553 Module Test Data Collection        $   125,000          $20,419,000
                                                      Complete
------------------------------------------------------------------------------------------------------------------------------------
6/1/98   Start of FM I PSU Heater Board               P.O. Placed with Vendor, Fab Started    $   100,000
------------------------------------------------------------------------------------------------------------------------------------
1 -5/98  FM2 MS Filters                               Filters Coated, Cut, Ready for Assy     $   150,000
------------------------------------------------------------------------------------------------------------------------------------
6/15/98  Bond ARID & Header Pins on FM1 FPA           Assembly Complete and Inspected         $   100,000          $20,511,000
------------------------------------------------------------------------------------------------------------------------------------
6/15/98  FM I WBIF Module Assembly                    Assembly Complete and Inspected         $   150,000
------------------------------------------------------------------------------------------------------------------------------------
7/1/98  Install FIVI I Pan& MS DCA's                  Installation Complete and Inspected     $   150,000          $20,603,000
------------------------------------------------------------------------------------------------------------------------------------
7/15/98  Pon Buffer Board Assembly                    Assembly Complete and Inspected         $   125,000
------------------------------------------------------------------------------------------------------------------------------------
7/15/98  FM I Compression Module Test                 Module Test Data Collection Complete    $   150,000          $20,696,000
------------------------------------------------------------------------------------------------------------------------------------
8/1/98   Heater Tape & Thermistors Installed on FPA   Installation Complete and Inspected     $    50,000          $20,789,000
------------------------------------------------------------------------------------------------------------------------------------
8/1/98   FPE "Power On" Test                          FPE "Power On" Test Data Collection     $   175,000
                                                      Complete
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                    Page 1
<PAGE>

                                  AMENDMENT 11
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
               EARTHWATCH INCORPORATED and EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to incorporate a change to the delivery schedule,
program incentives, liquidated damages and revisions to the Interface Control
Document. This Amendment also is also issued to exercise the option for FM2
based upon the revised Payment/Termination Liability Schedule. As noted herein,
this contract is amended.

This amendment incorporates revisions to the following documents:

Exhibit I - Terms and Conditions is revised as noted.

Exhibit 4 - Pricing/Payments/Termination Liability Schedule (amended September
            11, 1998) is deleted and replaced in its entirety with
            Pricing/Payments/Termination Liability Schedule FM 1 and FM2
            (amended December 7, 1998).
Exhibit 7 - Sensor Subsystem Interface Control Document is revised as noted.

BY THIS AMENDMENT, THE FOLLOWING CHANGES TO THE CONTRACT ARE MADE:

EarthWatch exercises its option for FM2. Accordingly, the first sentence of
Article 1 is deleted and replaced with the following.

Subject to the Terms and Conditions listed in Exhibit 1, Kodak shall provide the
necessary resources for the definition, design, production, integration, test,
and verification of two (2) Sensor Subsystems, including the information
necessary to integrate the Sensor Subsystems into the QuickBird Spacecraft and
operate the Sensor Subsystem on orbit.

Article 1 is further modified to delete the reference to the Sensor Subsystem
Interface Control Document for the QuickBird Spacecraft, Document SP0031A-018E,
dated June 18, 1997 and replace it with a reference to Sensor Subsystem
Interface Control Document for the QuickBird Spacecraft, Document SP0031A-018F,
dated September 22, 1998.

Article 2 is modified to delete the reference to Exhibit 4 as amended March 16,
1998 and replace it with a reference to Exhibit 4 as amended December 7, 1998.

Article 3 is modified to include the following Exhibits as revised:

<PAGE>

                                                                 Amendment 11 to
                                                          Contract 1M.SSS.0002.A

Exhibit 4 - Pricing/Payments/Termination Liability/FM1 and FM2, dated
            December 7, 1998.
Exhibit 7 - Sensor Subsystem Interface Control Document, Document
            SP0031A-018F dated September 22, 1998.

Exhibit 1 - Terms and Conditions shall be revised as follows:

Paragraph a)2) Liquidated Damages is modified to delete the reference to the FM1
               ------------------
scheduled delivery date of January 15, 1999 and replace it with February 5,
1999. The reference to the ten day grace period before liquidated damages accrue
beginning January 26, 1999 shall be deleted and replaced with February 15, 1999.
All other provisions remain unchanged.

Paragraph a)3) Schedule Incentive is modified to increase the schedule incentive
               ------------------
fee to $20,000 per day from $10,000 per day. The maximum schedule incentive
shall be increased to $600,000 from $300,000. All other provisions remain
unchanged.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH INCORPORATED

By:   /s/ Herbert F. Satterlee III                    12/10/98
   -----------------------------------         -----------------------------
   Herbert F. Satterlee III                    Date
   Chief Executive Officer & President

EASTMAN KODAK COMPANY

By:   /s/ Jeffrey A. Wynn                             12/10/98
   -----------------------------------       -----------------------------
   Jeffrey A. Wynn                           Date
   General Manager (Acting),
   Image Acquisition Systems
<PAGE>

                                   Exhibit 4

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
FM1 Pricing/Payments/Termination Liability Schedule (amended 12/7/98)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                         BASELINE      Cumulative
------------------------------------------------------------------------------------------------------------------------------------
   Invoice                                                                                               Milestone     Termination
------------------------------------------------------------------------------------------------------------------------------------
    Date                  Payment Milestone                   Completion Criteria                         Amount        Liability
    ----                  ----------------                    -------------------                         ------        ---------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>                                      <C>                                             <C>
      10/15/96  Contract Start                           Contract Fully Executed                         $10,000,000
------------------------------------------------------------------------------------------------------------------------------------
      11/15/96  None                                     None                                            $ -
------------------------------------------------------------------------------------------------------------------------------------
      12/15/96  None                                     None                                            $ -
------------------------------------------------------------------------------------------------------------------------------------
       1/15/97  None                                     None                                            $ -
------------------------------------------------------------------------------------------------------------------------------------
       2/15/97  None                                     None                                            $ -
------------------------------------------------------------------------------------------------------------------------------------
       3/15/97  None                                     None                                            $ -
------------------------------------------------------------------------------------------------------------------------------------
        4/1/97  FM2 Start                                FM2 Authorization                               $ 1,795,000
------------------------------------------------------------------------------------------------------------------------------------
       5/15/97  None                                     None                                            $ -
------------------------------------------------------------------------------------------------------------------------------------
       6/15/97  None                                     None                                            $ -
------------------------------------------------------------------------------------------------------------------------------------
       7/15/97  Start Box Level Assy.                    Work Order Issued                               $ 2,216,000
------------------------------------------------------------------------------------------------------------------------------------
       7/15/97  Small Changes                            Optical simul., SSS connectors, etc.            $   100,950
------------------------------------------------------------------------------------------------------------------------------------
       8/15/97  Auqust SOW activities                    Execute Amendment 5                             $   400,000
------------------------------------------------------------------------------------------------------------------------------------
        9/1/97  Sep.- SOW activities                     Execute Amendment 6                             $   250,000
------------------------------------------------------------------------------------------------------------------------------------
       10/1/97  Oct. SOW activities                      Execute Amendment 7                             $   150,000
------------------------------------------------------------------------------------------------------------------------------------
       11/1/97  Nov. SOW activities                      Monthly activities, SOW addendum 3              $   100,000
------------------------------------------------------------------------------------------------------------------------------------
       12/1/97  Dec. SOW activities                      Monthly activities, SOW addendum 3              $   150,000
------------------------------------------------------------------------------------------------------------------------------------
        1/1/98  Jan. SOW activities                      Monthly activities, SOW addendum 3              $   200,000
------------------------------------------------------------------------------------------------------------------------------------
        2/1/98  Feb. SOW activities                      Monthly activities, SOW addendum 3              $   200,000   $  19,490,000
------------------------------------------------------------------------------------------------------------------------------------
       3/12/98  Feb. SOW activities plus 1 wk.           EarthWatch Letter Authorization                 $   150,000   $  19,876,000
------------------------------------------------------------------------------------------------------------------------------------
       3/16/98  Contract Restart                         Contract Fully Executed                         $   650,000   $  19,976,000
------------------------------------------------------------------------------------------------------------------------------------
        4/1/98  Start FM MS Buffer BD Assy               Work Order Released                             $    75,000   $  20,055,000
------------------------------------------------------------------------------------------------------------------------------------
        4/1/98  FM1 PAN & MS Clock Driver Assembly       Assemblies Complete and Inspected               $   225,000
------------------------------------------------------------------------------------------------------------------------------------
       4/l5/98  FPU Interface Module                     Module Test Data Collection Complete            $   275,000   $  20,146,000
------------------------------------------------------------------------------------------------------------------------------------
       4/15/98  Pan Buffer Board Redesign                FM Buffer Boards Released for Fab               $   125,000
------------------------------------------------------------------------------------------------------------------------------------
        5/1/98  FM1 DVI Assembly                         Complete, Inspected, Ready for Next Level       $   175,000   $  20,237,000
------------------------------------------------------------------------------------------------------------------------------------
        5/1/98  Start FPU System Interconnect Board Fab  P.O. Placed with Vendor, Fab Started            $    75,000
------------------------------------------------------------------------------------------------------------------------------------
        5/1/98  Assemble FM1 FPU Digitizer Boards        Digitizer Ass'ys Released for Module Assembly   $   175,000
------------------------------------------------------------------------------------------------------------------------------------
       5/15/98  EM Compression Board Module Assembly     Assembly Complete and Inspected                 $   200,000   $  20,328,000
------------------------------------------------------------------------------------------------------------------------------------
       5/15/98  Start FM1 Compression Board Assembly     Work Order Released, Assywork started           $    75,000
------------------------------------------------------------------------------------------------------------------------------------
        6/1/98  FM1 1533 Module Test                     1553 Module Test Data Collection Complete       $   125,000   $  20,419,000
------------------------------------------------------------------------------------------------------------------------------------
        6/1/98  Start of FM1 PSU Heater Board            P.O. Placed with Vendor, Fab Started            $   100,000
------------------------------------------------------------------------------------------------------------------------------------
       6/15/98  FM2 MS Filters                           Filters Coated, Cut, Ready for Assy             $   150,000
------------------------------------------------------------------------------------------------------------------------------------
       6/15/98  Bond ARD & Header Pins on FM1 FPA        Assembly Complete and Inspected                 $   100,000   $  20,511,000
------------------------------------------------------------------------------------------------------------------------------------
       6/15/98  FM1 WBIF Module Assembly                 Assembly Complete and Inspected                 $   150,000
------------------------------------------------------------------------------------------------------------------------------------
        7/1/98  Install FM1 Pan & MS DCA's               Installation Complete and Inspected             $   150,000   $  20,603,000
------------------------------------------------------------------------------------------------------------------------------------
       7/15/98  Pan Buffer Board Assembly                Assembly Complete and Inspected                 $   125,000
------------------------------------------------------------------------------------------------------------------------------------
       7/15/98  FM1 Compression Module Test              Module Test Data Collection Complete            $   150,000   $  20,696,000
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                    Page 1
<PAGE>

                                   Exhibit 4

<TABLE>
<CAPTION>
FM I Pricing/Payments/Termination Liability Schedule (amended 12/7/98)
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                           BASELINE   Cumulative
----------------------------------------------------------------------------------------------------------------------------------
   Invoice                                                                                               Milestone   Termination
----------------------------------------------------------------------------------------------------------------------------------
    Date                    Payment Milestone                            Completion Criteria               Amount      Liability
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
<C>        <S>                                             <C>                                      <C>              <C>
8/1/98      Heater Tape & Thermistors Installed on FPA    Installation Complete and Inspected           $    50,000     $20,789,000
----------------------------------------------------------------------------------------------------------------------------------
8/1/98      FPE "Power On" Test                           FPE "Power On" Test Data Collection Complete  $    175,000
----------------------------------------------------------------------------------------------------------------------------------
8/15/98     FM1 Cable Unit Assembly                       Assembly Complete and Inspected               $     50,000    $20,883,000
----------------------------------------------------------------------------------------------------------------------------------
9/7/98      FM1 DPU Assembled                             Assembly Complete & Ready for Test            $    150,000
----------------------------------------------------------------------------------------------------------------------------------
9/1/98      FM1 FPA Environmental Testing                 Environmental Test Successfully Completed     $     75,000    $20,977,000
----------------------------------------------------------------------------------------------------------------------------------
9/22/98     Conformal Coat FM1 FPU Boards                 Assembly Complete and Inspected               $     25,000
----------------------------------------------------------------------------------------------------------------------------------
9/22/98     Set DPU Timing                                Mate FPU/DPU and set DPU timing               $     75,000
----------------------------------------------------------------------------------------------------------------------------------
9/1/98      FM2 Pan & MS DCA's Installed                  DCA's Installed & Inspected                   $    125,000
----------------------------------------------------------------------------------------------------------------------------------
10/6/98     FM1 Timing Boards Completion                  Assembly Complete and Inspected               $     50,000    $21,071,000
----------------------------------------------------------------------------------------------------------------------------------
10/6/98     DPU Baseline Functional Test                  DPU Functional Test Data Collection Complete  $     75,000
----------------------------------------------------------------------------------------------------------------------------------
10/22/98    FPU Thermal Cycle Test                        Test Successfully Completed, FPU/DPU Mated    $    100,000    $21,166,000
----------------------------------------------------------------------------------------------------------------------------------
10/22/98    FM1 FPU Vibration Test                        FPU Vibe Test Successfully Completed          $     50,000
----------------------------------------------------------------------------------------------------------------------------------
10/22/98    Assemble FM1 PSU Heater Board                 Assembly Complete and Inspected               $     50,000    $21,261,000
----------------------------------------------------------------------------------------------------------------------------------
10/22/98    FM2 FPA Testing                               Testing Successfully Completed                $    150,000
----------------------------------------------------------------------------------------------------------------------------------
11/5/98     FM2 Board Assembly (25%)                      25% FM2 Board Assemblies Completed            $    150,000
----------------------------------------------------------------------------------------------------------------------------------
11/5/98     DPU Thermal Test                              DPU Thermal Test Data Collection Complete     $     75,000    $21,357,000
----------------------------------------------------------------------------------------------------------------------------------
11/23/98    FM1 PSU Assembled                             Assembly Complete & Ready for Test            $    125,000    $21,453,000
----------------------------------------------------------------------------------------------------------------------------------
11/23/98    DPU Vibration Test                            DPU Vibration Test Data Collection Complete   $     75,000
----------------------------------------------------------------------------------------------------------------------------------
11/23/98    FM2 Board Assembly (50%)                      50% FM2 Board Assemblies Completed            $    150,000
----------------------------------------------------------------------------------------------------------------------------------
11/23/98    Conformal Coat FM1 PSU Boards                 Assembly Complete and Inspected               $     25,000
----------------------------------------------------------------------------------------------------------------------------------
12/7/98     FM2 Board Assembly (75%)                      75% FM2 Board Assemblies Completed            $    150,000    $21,549,000
----------------------------------------------------------------------------------------------------------------------------------
12/7/98     PSU Thermal Test                              PSU Thermal Test Data Collection Complete     $     50,000
----------------------------------------------------------------------------------------------------------------------------------
12/22/98    FM1 DPU Complete                              Assembly Complete and Inspected               $    100,000    $21,646,000
----------------------------------------------------------------------------------------------------------------------------------
12/22/98    PSU Vibe Test                                 PSU Vibe Test Data Collection Complete        $     50,000
----------------------------------------------------------------------------------------------------------------------------------
1/5/99      FM2 Board Assembly (100%)                     100% FM2 Board Assemblies Completed           $    150,000
----------------------------------------------------------------------------------------------------------------------------------
1/5/99      PSU Thermal Vac Test                          PSU Thermal Vac Test Data Collection Complete $     50,000    $21,744,000
----------------------------------------------------------------------------------------------------------------------------------
1/5/99      SSS Inteqration & Baseline Test               SSS Baseline Test Data Collection Complete    $    100,000
----------------------------------------------------------------------------------------------------------------------------------
1/22/99     SSS EM1 Test                                  SSS EM1 Test Data Collection Complete         $     50,000
----------------------------------------------------------------------------------------------------------------------------------
2/5/99      Ship FM1 SSS                                  FM1 Shipped from Kodak                        $    288,050    $21,842,000
----------------------------------------------------------------------------------------------------------------------------------
3/7/99      FM1 Field Support                             30 Days of Field Support Provided by Kodak    $     50,000
----------------------------------------------------------------------------------------------------------------------------------
4/6/98      FM1 Field Support                             30 Days of Field Support Provided by Kodak    $     50,000    $21,940,000
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                        $ 21,700,000
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                            Page 2
<PAGE>

                                   Exhibit 4

<TABLE>
<CAPTION>

Completion of FM2: Payment/Termination Liability Schedule - 12/7/98
                                                                                                  FM2
                                                                                               Completion           Cummulative
Invoice                                                                                         Milestone           Termination
 Date            Payment Milestone                 Completion Criteria                           Amount              Liability
 ----            -----------------                 -------------------                           ------              ---------
<C>       <S>                                       <C>                                          <C>                <C>

12/7/98   Option for FM2 Completion: Start          Execution of Option                          $  150,000          $   150,000
------------------------------------------------------------------------------------------------------------------------------------
1/15/99   FM2 Cable Unit Assembly Started           Work Order Released, Assembly Begun          $  650,000          $ 1,000,000
------------------------------------------------------------------------------------------------------------------------------------
2/1/99    FM2 Box Level Assemblies Started          Work Order Released, Assembly Begun          $  300,000          $ 1,400,000
------------------------------------------------------------------------------------------------------------------------------------
2/15/99   FM2 Clock Driver Boards Testing           Tested & Ready for Next Assy Level           $  400,000          $ 1,900,000
------------------------------------------------------------------------------------------------------------------------------------
3/l/99    FM2 PSU Assembly                          Assembly Complete & Inspected                $  350,000          $ 2,350,000
------------------------------------------------------------------------------------------------------------------------------------
3/15/99   FM2 ASP Module Test                       Tested & Ready for Next Assy Level           $  350,000          $ 2,700,000
------------------------------------------------------------------------------------------------------------------------------------
4/1/99    FM2 FPU Assembly                          Assembly Complete & Inspected                $  200,000          $ 2,900,000
------------------------------------------------------------------------------------------------------------------------------------
4/15/99   FM2 PSU Functional Test                   Functional Test Successfully Completed       $  300,000          $ 3,200,000
------------------------------------------------------------------------------------------------------------------------------------
4/15/99   FM2 DPU Assembly                          Assembly Complete & Inspected                $  200,000
------------------------------------------------------------------------------------------------------------------------------------
5/1/99    FM2 DPU Functional Test                   Functional Test Successfully Completed       $  220,000          $ 3,620,000
------------------------------------------------------------------------------------------------------------------------------------
5/15/99   FM2 Cable Unit Assembly                   Assembly Complete, Ready for Integration     $  200,000          $ 3,820,000
------------------------------------------------------------------------------------------------------------------------------------
5/15/99   FM2 FPU Radiometry Test                   Test Completed, Data Collected               $  200,000
------------------------------------------------------------------------------------------------------------------------------------
6/1/99    FM2 PSU Vibe Test                         Vibe Test Successfully Completed             $  200,000          $ 4,220,000
------------------------------------------------------------------------------------------------------------------------------------
6/1/99    Set FM2 DPU Timing                        Mate FPU/DPU, Set-DPU Timing                 $  100,000
------------------------------------------------------------------------------------------------------------------------------------
6/15/99   FM2 DPU Vibe Test                         Vibe Test Successfully Completed             $  200,000          $ 4,520,000
------------------------------------------------------------------------------------------------------------------------------------
7/1/99    FM2 PSU Thermal Test                      Thermal Test Successfully Completed          $  150,000          $ 4,670,000
------------------------------------------------------------------------------------------------------------------------------------
7/15/99   FM2 FPU Vibe Test                         Vibe Test Successfully Completed             $  150,000          $ 4,820,000
------------------------------------------------------------------------------------------------------------------------------------
8/1/99    Begin FM2 SSS Integration                 Work Order Released, Assembly Begun          $  150,000          $ 4,970,000
------------------------------------------------------------------------------------------------------------------------------------
8/15/99   FM2 SSS Thermal Cycle Test                Thermal Test Successfully Completed          $  150,000          $ 5,120,000
------------------------------------------------------------------------------------------------------------------------------------
9/1/99    Ship FM2                                  FM2 Shipped from Kodak                       $  450,000          $ 5,370,000
------------------------------------------------------------------------------------------------------------------------------------
10/1/99   FM2 Field Support                         30 Days of Field Support Provided by Kodak   $   65,000          $ 5,435,000
------------------------------------------------------------------------------------------------------------------------------------
11/1/99   FM2 Field Support                         30 Days of Field Support Provided by Kodak   $   65,000          $ 5,440,000
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                 $5,200,000
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                                    Page 3
<PAGE>

 Exhibit 4 - Pricing/Payments/Termination Liability/FM2 Option (amended 12/7/98)
 ------------------------------------------------------------------------------

FM1 and FM2 Pricing:

<TABLE>
<CAPTION>

                     Description                                     Delivery Date                    Price
                     -----------                                     -------------                    -----
<S>                                                             <C>                               <C>
QuickBird Sensor Subsystem Non-recurring  Design                     Not applicable                   $ 3,411,800

QuickBird Sensor Subsystem - Flight Model 1 and Critical
Parts for Flight Model 2                                               5 February                     $16,587,250
                                                                          1999

Small Changes authorized in EarthWatch Letters dated                   As noted in                    $   100,950
1/14/97, 1/28/97, 3/18/97, 4/8/97 and 4/23/97                         authorization
                                                                        letters

Monthly Risk Reduction SOW's                                          28 February                     $ 1,600,000
per amendments 5 through 7 plus 3/12/98 Letter of                        1998
Authorization

Completion of Flight Model 2                                          1 September                     $ 5,200,000
                                                                          1999

                                         Total Contract Price                                         $26,900,000
                                                                                                      ===========
</TABLE>
<PAGE>

                                  AMENDMENT 12
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
               EARTHWATCH INCORPORATED and EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to incorporate a change to the delivery schedule, and
program incentives. As noted herein, this contract is amended.

In addition, this amendment incorporates revisions to the following documents:

BY THIS AMENDMENT, THE FOLLOWING CHANGES TO THE CONTRACT ARE MADE:

Article 3 is modified to include the following Exhibits as revised:

Exhibit 1 - Terms and Conditions shall be revised as follows:

Paragraph a)2 Liquidated Damages is modified to change scheduled delivery date
of FM1 to February 15, 1999. The ten day grace period before liquidated damages
begin to accrue is changed to February 25, 1999. All other provisions remain
unchanged.

Paragraph a)3 Schedule Incentive applicable to the deliverable QuickBird Sensor
Subsystem Flight Model 1 and Critical Parts for Flight Model 2 remains
unchanged.

Exhibit 4 - Pricing/Payments/Termination Liability/FM2 Option, dated December 7,
1998. The Schedule for the deliverable QuickBird Sensor Subsystem- Flight Model
1 and Critical Parts for Flight Model 2 is revised to February 15, 1999. Invoice
dates of all outstanding invoices are modified to be February 1, 1999 and no
other payments will be due until that date, including payment of invoices
099Z765229 and 099Z765230.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH INCORPORATED

By:  /s/ Herbert F. Satterlee III             1/28/99
     -----------------------------------     --------------
     Herbert F. Satterlee III                Date
     Chief Executive Officer & President

EASTMAN KODAK COMPANY
By:  /s/ James S. Holmes                       2/2/99
     -----------------------------------     --------------
     James S. Holmes                          Date
     Contracts, Image Acquisition Systems

                                  Page 1 of 1
<PAGE>

Exhibit 4 - Pricing/Payments/Termination Liability/FM2 Option (amended 12/7/98)
-------------------------------------------------------------------------------
FM1 and FM2 Pricing:

<TABLE>
<CAPTION>
                  Description                                Delivery Date       Price
                  -----------                                -------------       -----
<S>                                                         <C>               <C>
QuickBird Sensor Subsystem Non-recurring Design             Not applicable    $ 3,411,800

QuickBird Sensor Subsystem - Flight Model 1 and Critical
Parts for Flight Model 2                                      5 February      $16,587,250
                                                                 1999

Small Changes authorized in EarthWatch Letters dated         As noted in      $   100,950
1/14/97, 1/28/97, 3/18/97, 4/8/97 and 4/23/97               authorization
                                                              letters

Monthly Risk Reduction SOW's                                 28 February      $ 1,600,000
per amendments 5 through 7 plus 3/12/98 Letter of                1998
Authorization

Completion of Flight Model 2                                 1 September      $ 5,200,000
                                                                 1999

                              Total Contract Price                            $26,900,000
                                                                              ===========
</TABLE>
<PAGE>

                                 AMENDMENT 13
                                      to
                            CONTRACT 1M.SSS.002.A
                                    between
               EARTHWATCH INCORPORATED and EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to incorporate a change to support work out of scope to
the contract.

This amendment incorporates changes to the following documents:

Paragraph 4.3 Small Changes Management

BY THIS AMENDMENT, THE FOLLOWING CHANGES TO THE CONTRACT ARE MADE:

4.3  Small Changes Management
     -------------------------

     EarthWatch shall set-up and maintain a small changes reserve fund. The
     purpose of this small changes reserve fund is to enable the rapid approval
     of small efforts that are determined to be beyond the scope of the
     negotiated contract. The EarthWatch and Kodak Project Managers shall have
     the authority to identify and negotiate small changes in a timely manner.
     Changes under $25K may be negotiated verbally, but must be authorized in
     writing by the EarthWatch Project Manager or Contracts Manager. For changes
     over $25 K Kodak shall provide a brief description of the out-of-scope
     effort and a mini-proposal detailing the cost of the effort. These small
     changes shall not exceed $100k without a formal change to the Agreement.
     All authorized small changes shall be formally incorporated into the
     Agreement within 90 days.

     Two types of changes are possible: (1) fixed price and (2) cost
     reimbursable. Fixed price changes are those that can be adequately defined
     in advance and shall proceed as identified above. Cost plus changes shall
     be used where definition is not sufficient for a fixed price effort. For
     these changes, Earthwatch shall authorize, in writing, a funding limit for
     a particular change. Kodak shall accrue costs against this change per the
     following labor rate structure:

                      Grade          Hourly Rate
                     Engineer         @$146/hr.
                     Technician       @$112/hr
                     Mfg. Engineer    @$215/hr
                     Assembler        @$120/hr

                         Actual ODC costs
<PAGE>

                                                                 Amendment 13 to
                                                          Contract 1M.SSS.0002.A

     These rates are those used by Kodak in their US government programs and
     will be updated on a yearly basis. EarthWatch is not obligated for costs
     incurred in excess of the funding limit. Kodak is not obligated to incur
     costs in excess of the funding limit.

     Individual small changes shall not exceed 100K without a formal change to
     the Agreement. Small changes may be invoiced on a monthly basis in
     accordance with the payment terms of the contract.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH INCORPORATED

By:  /s/ Herbert F. Satterlee III                      2/2/99
     -------------------------------------            ----------------------
     Herbert F. Satterlee III                    Date
     Chief Executive Officer & President

EASTMAN KODAK COMPANY

By:  /s/ James S. Holmes                               2/4/99
     -------------------------------------            ----------------------
     James S. Holmes                             Date
     Contracts, Images Acquisition Systems

Page 2 of 2
<PAGE>

                                  AMENDMENT 14
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
               EARTHWATCH INCORPORATED and EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUBSYSTEM

This Amendment is issued to incorporate a change to the delivery schedule,
billing schedules, and program incentives. As noted herein, this contract is
amended.

This amendment incorporates revisions to the following documents:

Exhibit I - Terms and Conditions is revised as noted.
Exhibit 4 - Pricing/Payments/Termination Liability Schedule (amended December 7,
            1998) revised as noted

BY THIS AMENDMENT, THE FOLLOWING CHANGES TO THE CONTRACT ARE MADE:

Article 3 is modified to include the following Exhibits as revised:

Exhibit 1 - Terms and Conditions shall be revised as follows:

Paragraph a)2), Schedule Penalties is deleted in its entirety.
                ------------------

Paragraph e) Payments subparagraph 2) Invoices: is deleted in its entirety and
                                      --------
replaced with the following:

Invoices: Kodak shall issue invoices in accordance with the milestone schedule
--------
set forth in Exhibit 4. Invoices shall describe the milestones completed, the
amounts due for the milestones, and applicable taxes, if any. FM-2 completed
milestone payments are deferred until the date of acceptance of FM-1. As of that
date, Kodak will invoice one third (1/3) of the total accumulated FM-2 completed
milestone schedule. The second one third (1/3) of the total accumulated FM-2
completed milestone schedule will be invoiced 30 days after the date of
acceptance of FM-l. The final one third (1/3) of the total accumulated FM-2
completed milestone schedule will be invoiced 60 days after the date of
acceptance of FM-1, making a total of three billings of 1/3 each of the total
accrued FM-2 completed milestone as of the date of acceptance of FM-1. FM-2
milestones accomplished after the date of acceptance of FM-l will be billed upon
completion, without deferral. The invoices shall be sent via overnight mail.
<PAGE>

                                                               Amendment 14 to
                                                        Contract 1M.SSS.0002.A

Exhibit 4 is modified with the addition of the following note.

 . Termination liability for the FM-2 portion of the contract will be limited to
  $150,000 until delivery of FM-1, in accordance with Exhibit 1. As of the date
  of acceptance of FM-1, termination liability for the FM-2 portion will revert
  to the full value as defined in this Exhibit 4.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH INCORPORATED

By:  /s/ Herbert Satterlee III               3/17/99
     -----------------------------------    ------------
     Herbert Satterlee III                  Date
     Chief Executive Officer & President

EASTMAN KODAK COMPANY

By:  /s/ Jeffrey A. Wynn                     3/14/99
     -----------------------------------    ------------
     Jeffrey A. Wynn                        Date
     General Manager (Acting),
     Image Acquisition Systems
<PAGE>

                                  AMENDMENT 15
                                       to
                             CONTRACT 1M.SSS.002.A
                                    between
               EARTHWATCH INCORPORATED and EASTMAN KODAK COMPANY
                                    for the
                     EARTHWATCH QUICKBIRD SENSOR SUB-SYSTEM

This Amendment is issued to incorporate a revised Performance Specification for
the QuickBird (QB) Spacecraft (S/C) Sensor Sub-System (SSS). As noted herein,
this contract is amended.

This amendment incorporates revisions to the following documents:

Article 3 is modified as follows:

Exhibit 3:      Replace Exhibit 3 EW: SE.1M.SSS.0004.B, dated 18 June 1997 with
                the attached Exhibit 3 EW: SE. 1M.SSS.004.C, dated 8 March 1999.

The contract price remains unchanged.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH INCORPORATED

By:  /s/ Shawn R. Thompson           4/15/99
     -------------------------      -----------
     Shawn R. Thompson              Date
     Director of Contracts

EASTMAN KODAK COMPANY

By:  /s/ James S. Holmes             7/8/99
     -------------------------      -----------
     James S. Holmes                Date
     Contract Negotiator
     Image Acquisition Systems
<PAGE>

                                 AMENDMENT 16
                                      to
                            CONTRACT 1M.SSS.002.A
                                    between
              EARTHWATCH INCORPORATED and EASTMAN KODAK COMPANY
                                   for the
                    EARTHWATCH QUICKBIRD SENSOR SUB-SYSTEM

This amendment is issued to incorporate Engineering Order SP0031A-018EOF1 into
the subject contract to amend the QuickBird Sensor Subsystem Interface Control
Document (SP0031A-018), Rev. F. Copies of this document, signed by the
appropriate Eastman Kodak Company, Ball Aerospace and Technologies Corporation
(BATC), and EarthWatch, Inc. personnel and including enlarged "IS" drawings for
sheets 15 and 19 were sent to you under separate cover by John Lumia of BATC in
a letter dated April 28, 1999.

The contract price remains unchanged.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

EARTHWATCH INCORPORATED

By: /s/ Shawn R. Thompson                               5/13/99
    ---------------------                               -------
    Shawn R. Thompson                                   Date
    Director of Contracts

EASTMAN KODAK COMPANY

By: /s/ James S. Holmes                                 5/28/99
    ----------------------                              -------
    James S. Holmes                                     Date
    Contract Negotiator
    Image Acquisition Systems

<PAGE>

                                 AMENDMENT 17
                                      to
                             CONTRACT IM.SSS.002.A
                                    between
               EARTHWATCH INCORPORATED and EASTMAN KODAK COMPANY
                                    for the
                    EARTHWATCH QUICKBIRD SENSOR SUB-SYSTEM

This amendment is issued to authorize and incorporate three small changes into
the contract in accordance with Paragraph 4.3 Small Changes Management, which
was made a part of the contract by Amendment 13.

-Incorporate the following small changes:

1) Procedure writing, set-up, and taking of a max length (-3 sec), full width
gradient image.Fixed Price: $5,000.

2) Max of 40 hours of engineering, manufacturing time to upgrade the Endeavor
test set being sent to Ball to provide improved real-time image processing and
display capability. Cost: NTE $6,000.

3) Max of 16 hours of engineering time to compare the "as built" pin-outs
of FM-1 to the Spacecraft-SSS ICD. Cost: NTE $2,400.

The FFP contract price is increased by $5,000 to $26,905,000. Additionally, the
two cost reimbursable items total a Not-to-exceed amount of $8,400.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.

<PAGE>

                                                                 Amendment 17 to
                                                           Contract 1M.SSS.002.A

EARTHWATCH INCORPORATED

By: /s/ Shawn R. Thompson         7/19/99
    -------------------------    ----------
    Shawn R. Thompson            Date
    Director of Contracts

EASTMAN KODAK COMPANY

By: /s/ James S. Homes            7/13/99
    -------------------------    ----------
    James S. Homes               Date
    Contract Negotiator
    Image Acquisition Systems

                                       2
<PAGE>

                                 AMENDMENT 18
                                      to
                             CONTRACT 1M.SSS.002.A
                                    between
               EARTHWATCH INCORPORATED and EASTMAN KODAK COMPANY
                                    for the
                    EARTHWATCH QUICKBIRD SENSOR SUB-SYSTEM

This amendment 18 is issued to authorize the noted small changes into the
contract in accordance with Paragraph 4.3 Small Changes Management, which was
made a part of the contract by Amendment 13.

In addition to that provided under paragraph 7.0, incorporate the following
small changes:

1) Kodak shall provide field services in support of Sensor Subsystem Integration
   at Ball from 20 July 1999 to 25 September 1999 at a total price of $54,627.
   Additionally, Kodak shall provide field services in support of Sensor
   Subsystem Integration at Ball from 26 September 1999 to 14 November 1999 at a
   total price of $130,194. Travel and Per Diem associated with this field
   support is authorized at the total "cost" of $15,344. Kodak shall provide
   Rochester program and technical support to this field service effort at a
   total price of $1,818 and $1,206 respectively. In addition to the
   aforementioned, Kodak shall provide for the further improvement of the real-
   time display capability of the Endeavor test set and the Focal Plane
   Simulator measurements (requested via telecon) for the total price of $9,696
   and $5,371 respectively. The cost reimbursable pricing for these items
   combine to total $218,256.

2) Kodak shall provide the Endeavor Test Set at Ball during the period 25
   September 1999 to 12 November 1999. This is a firm-fixed price item for
   $73,500.

3) Kodak shall provide EMI testing to include the required software code, test
   set-up and tear down, and required test time for the total price of $52,515.

The FFP contract price is increased by $73,500 to $26,978,500. The cost
reimbursable total in the contract is increased by $270,771 to $279,171.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized representatives.
<PAGE>

                                             Contract 1M.SSS.002.A
                                                      Amendment 18

EARTHWATCH INCORPORATED

       /s/ Shawn R. Thompson           12/23/99
By: -------------------------   Date -----------------
     Shawn R. Thompson
     Director of Contracts

EASTMAN KODAK COMPANY

     /s/ James S. Holmes               22 Dec. 99
By: -------------------------   Date ------------------
     James S. Holmes
     Contract Negotiator
     Image Acquisition Systems

2        EARTHWATCH INCORPORATED PROPRIETARY AND CONFIDENTIAL<PAGE>

                                                                    Exhibit 10.8
                                                                    ------------

               EARTHWATCH-HITACHI IMAGERY DISTRIBUTION AGREEMENT

This Imagery Distribution Agreement (hereinafter referred to as this
"Agreement") is made and entered into this ___ day of ___, 1995 by and between
EarthWatch Incorporated, a Colorado corporation, having its principal place of
business at 1900 Pike Road, Longmont, Colorado 80501 USA and Hitachi, Ltd., a
Japanese corporation, with its principal place of business at 6, Kanda-Surugadai
4-chome, Chiyoda-ku, Tokyo 101 Japan and shall cancel and replace the previous
WorldView-HITACHI Distribution Agreement entered into as of November 24, 1994.

RECITALS

Whereas, EarthWatch is currently developing a small satellite remote sensing
business with the objective of providing high quality images and innovative
digital image map products of any location on earth and;

Whereas, HITACHI is interested in developing a data sales capability in
Territories as specified in Exhibit B and systems utilizing these digital image
products and;

Whereas, the parties agreed to enter into a "market-based strategic partnership"
to cooperatively exploit their complementary technologies and marketing
capabilities and to jointly pursue remote sensing small satellite business
operations of mutual interest.

NOW THEREFORE, in consideration of the premises and mutual covenants hereinafter
contained, the parties hereto agree as follows.

1.   DEFINITIONS

For the purpose of this Agreement, the following are the defined terms.

     1.1  HITACHI. "HITACHI" means Hitachi, Ltd. and includes its subsidiaries
and affiliates. "Subsidiary and affiliate" used herein shall mean any legal
entity in which fifty percent (50%) or more of the stock is directly or
indirectly controlled by or under common control with HITACHI.

     1.2  Products. "Products" shall mean those EarthWatch products as
enumerated in the Exhibit A, attached hereto.

     1.3  EarthWatch. "EarthWatch" shall mean EarthWatch Incorporated.

     1.4  Customer. "Customer" shall mean the end-user customer of Products.

     1.5  Dealer. "Dealer" shall mean anyone licensed by HITACHI to resell the
Products within the Territories.
<PAGE>

     1.6  Territories. "Territories" shall mean the product distribution
          territories described in Exhibit B hereto.

2.   BUSINESS OUTLINE

EarthWatch business plans and concepts will be the basic documents for operating
an imaging satellite and data products distribution system.

Within the scope of this Agreement, EarthWatch will provide, operate, and
maintain, either directly or with strategic partners:

a.   A remote sensing satellite system and ground operations infrastructure

b.   Image data production and value-added product facilities

c.   Physical product distribution facilities, networks, and related support
     staff.

d.   System integration personnel and technical capabilities for installation
and maintenance of remote data archive facilities which will be directly
connected to the worldwide EarthWatch data distribution network. These
facilities, known as Data Infrastructure Products are described in Exhibit A and
will be made available to select Customers and Dealers.

Within the scope of this Agreement, and as required, HITACHI will provide,
operate, and maintain:

a.   Sales of EarthWatch products through a qualified network of direct sales
     staff, and sub-licensed Dealers.

b.   Active programs for the training and support of sales and Dealer staff.

c.   A marketing program in Territories in support of EarthWatch products
     including advertising, support literature, demonstrations, seminars.

d.   A qualified support organization for resolving Customer questions and
     problems.

3.   LICENSE GRANT

3.1  Ownership. The parties hereto agree that as between the parties hereto
     EarthWatch shall own copyright, trade secret and any other intellectual
     property right embodied in the Products.

3.2  Exclusive and Non-Exclusive rights.

(1) Subject to the terms and conditions of this Agreement, EarthWatch hereby
    grants to
<PAGE>

HITACHI and HITACHI hereby accepts rights to market, use, modify, copy, and
distribute the Products directly or through its Dealer for the Market and
Territories as defined in Exhibit B hereto.

EarthWatch agrees not to knowingly provide the Products to the party intending
to export such Products to Territories. EarthWatch further agrees to bind its
dealers other than HITACHI not to export the Products to Territories, to the
extent permitted by applicable law.

     (2) HITACHI agrees not to export the Products from Territory or knowingly
provide the Products to a party intending to export such Products outside of
Territories. HITACHI further agrees to bind its Dealers (as permitted hereunder)
not to export the Products outside of Territories. HITACHI may grant the right
to distribute the Products to a third party upon the prior written approval of
EarthWatch (which shall not be unreasonably withheld) and provided that (i) such
Dealer agrees to be bound and to comply with the terms and conditions of this
Agreement and (ii) HITACHI indemnities and holds EarthWatcb harmless from and
against any liability or damages arising from a breach of the same by such
Dealer.

4.   PRICE AND PAYMENT

4.1  Royalty. HITACHI shall pay a royalty calculated in accordance with the
     clause 2 of the Exhibit A to EarthWatch within sixty (60) days following
     the end of HITACHI's each quarterly-based year (March 20, June 20,
     September 20 and December 20) for the Products distributed to HITACHI's
     Dealers and Customers during such quarterly-fiscal period. HITACHI shall
     provide to EarthWatch a royalty report in a format acceptable to EarthWatch
     setting forth the names and numbers of the Products distributed in each
     quarterly-based year and the amount of the royalty due for such
     quarterly-based year.

     All amounts hereunder shall be paid in immediately available funds in US
     dollars and shall be considered paid on the date on which they are actually
     received by EarthWatch. Any amount that is initially calculated in a
     currency other than US dollars shall be converted to US dollars at the
     Telegraphic Transfer Selling Rate published by the Bank of Tokyo on the
     last working day of HITACHI's quarterly-based year. Any payment that is not
     made when due and owing shall be subject to a late payment fee equal the
     lesser of one thirtieth (1/30) of one percent (1%) for each day of delay or
     the maximum amount permitted by applicable law. No part of any amount due
     hereunder may be reduced due to any counterclaim, setoff, adjustment or
     other right which HITACHI may have or otherwise. HITACHI shall keep
     complete and accurate records reflecting all information necessary or
     useful in verifying the accuracy of each royalty report. EarthWatch shall
     have the right to, no more than once a calendar year, hire an independent
     certified public accountant to inspect, audit and make copies of the above
     required records (who shall agree in writing to keep all information
     confidential except as needed to disclose any discovered discrepancies);
     provided, such inspection: (i) is conducted during normal business hours,
     and (ii) is conducted only after HITACHI has been given ten (10) days prior
     notice. EarthWatch shall bear the full cost and expense of such audit,
     unless a discrepancy in excess of three percent (3%) of the number of
     copies of Products in favor of HITACHI is discovered, in which event
     HITACHI shall bear the full cost and expense of such audit. Regardless of
     the

<PAGE>

     amount of discrepancy discovered, all discrepancies (and interest thereon)
     shall be immediately due and payable.

4.2  Income Tax. In the event the Japanese Government judges that the ten
     percent (10%) income tax provided for under USA-Japan Tax Convention is
     applicable to EarthWatch's income arising out of this Agreement, such
     income tax shall be deducted from the payments by HITACHI to EarthWatch
     hereunder and paid to a Japanese Tax Office by HITACHI on behalf of
     EarthWatch. In this case, EarthWatch shall provide to HITACHI two (2)
     copies of Tax Application signed by the authorized representative of
     EarthWatch upon signing this Agreement. HITACHI shall provide to EarthWatch
     a Tax Certificate issued by the competent Japanese Tax Authority,
     establishing the fact that the tax has been withheld by HITACHI and paid to
     the competent Japanese Government so as to avoid double taxation. Upon
     EarthWatch's request, HITACHI agrees to execute its best efforts to assist
     EarthWatch to structure payments hereunder to EarthWatch to minimize the
     possibility that such payments become subject to the withholding
     obligations under the USA-Japan Tax Convention for the avoidance of double
     taxation.

5.   OBLIGATIONS OF THE PARTIES

5.1  Sales Estimates. HITACHI will provide sales estimates, as described in
     Exhibit D.

5.2  Dealers. HITACHI may utilize its Dealer(s) to market and distribute the
     Products in Territories as described in the Exhibit E.
<PAGE>

5.3  Satellite Launch. EarthWatch shall use its best efforts to launch
     satellites for remote sensing, having the operation concept outlined in the
     Exhibit F.

5.4  Product Distribution. EarthWatch shall use its commercially reasonable
     efforts to deliver the Products to HITACHI promptly upon HITACHI's request.
     Physical method of distribution shall be discussed and subject to the
     mutual agreement by the parties hereto before the start of distribution.

5.5  Implementation Schedule. Both parties hereto shall use their commercially
     reasonable efforts to maintain the milestones set forth in the Exhibit G.

6. WARRANTY

6.1  Product Warranty. EarthWatch warrants that the Products delivered to
     HITACHI shall be in conformance with the specifications described in the
     Exhibit A and Exhibit F. In the event any of the Products is turned out not
     to comply with the specifications in the Exhibit A and Exhibit F, HITACHI
     shall notify to EarthWatch of such non-conformance. EarthWatch shall
     correct or replace such non-conformance Products promptly after receipt of
     notice from HITACHI on EarthWatch's account. In the event that EarthWatch
     determines that correction or replacement of such non-conforming Product is
     not commercially reasonable, EarthWatch may return to HITACHI the amount
     paid therefor. In the event that EarthWatch elects to replace such non-
     conforming Product, HITACHI shall, at EarthWatch's option, promptly destroy
     (and certify to EarthWatch) or return to EarthWatch the non-conforming
     Product, and HITACHI shall have no right or interest in or to such non-
     conforming Product.

6.2  Indemnity.

 (1) Either party represents and warrants that it has full power to enter into
this Agreement, to carry out its obligations under this Agreement, and to grant
the rights granted to the other party herein and further that any and all data,
documentation, imaginary and other technical information provided by either
party to the other party are developed by such either party and does not and
will not infringe any copyright, patent, trade secret or any other proprietary
right of a third party or parties and will not be used or otherwise exploited in
violation of the operating license or export licenses granted to EarthWatch.
HITACHI acknowledges and agrees that, except as expressly set forth above in
Section 6.1 and this Section 6.2(l), the Products are provided to HITACHI "AS
IS", with no warranty of any kind, and EARTHWATCH MAKES NO OTHER WARRANTY,
EXPRESS, IMPLIED. STATUTORY OTHERWISE, CONCERNING THE SUBJECT MATTER OF THIS
AGREEMENT, INCLUDING WITHOUT LIMITATION, WARRANTIES OF FITNESS FOR A PARTICULAR
PURPOSE, QUALITY, USEFULNESS OR NONINFRINGEMENT.

 (2) For the purpose of this Agreement, the party disclosing certain information
to the other party shall be referred to as the "Disclosing Party" and the party
receiving such information shall be
<PAGE>

referred to as the "Receiving Party". In the event of a claim or suit against
the Receiving Party, its Dealer(s) and/or Customer(s), alleging that the any of
data, documentation, imagery and other technical information provided by the
Disclosing Party constitute a breach of the foregoing representation and
warranty, the Disclosing Party agrees to defend, indemnify and hold harmless the
Receiving Party, its Dealer(s) and Customer(s) from and against any and all
liabilities, damages, judgments, costs and expenses, including attorney's fees,
arising from any such claim or suit, at its own expense, and shall, at the
option of the Disclosing Party, procure for the Receiving Party, its Dealer(s)
and Customer(s) the right to continue to use the data, documentation, imaginary
and other technical information as furnished, or modify the same to make them
non-breaching. In the event of any such claim, the Receiving Party agrees to
notify the Disclosing Party of the claim and to provide the Disclosing Party
with all information, assistance and authority necessary for the Disclosing
Party to defend or settle such claim and permit the Disclosing Party at any time
assume control of the defense and settlement of any dispute or litigation.

 (3) EXCEPT FOR A BREACH OF SECTION 3.2, SECTION 6.2(l) OR ARTICLE 9 HEREOF,
NOTWITHSTANDING ANYTHING ELSE IN THIS AGREEMENT OR OTHERWISE, NEITHER PARTY WILL
BE LIABLE WITH RESPECT TO ANY SUBJECT MATTER OF THIS AGREEMENT UNDER ANY
CONTRACT, NEGLIGENCE, STRICT EARTHWATCH OR OTHER LEGAL OR EQUITABLE THEORY FOR
(I) ANY AMOUNTS IN EXCESS IN THE AGGREGATE OF AMOUNTS PAID TO EARTHWATCH
HEREUNDER DURING THE TWENTY-FOUR MONTH PERIOD PRIOR TO THE DATE THE CAUSE OF
ACTION OCCURS, OR (II) FOR ANY INCIDENTAL OR CONSEQUENTIAL DAMAGES, OR (III) FOR
COST OF PROCUREMENT OF SUBSTITUTE GOODS, TECHNOLOGY OR SERVICES.

7.   TERM AND TERMINATION

7.1  Term of this Agreement. This Agreement shall become effective on the date
     first above written and remain in full force until fifth anniversary of a
     successful launch of the first EarthWatch one meter resolution satellite
     unless terminated pursuant to the Section 7.2 below, This Agreement shall
     be automatically extended thereafter for the successive five (5) year
     period unless the both parties agree to terminate this Agreement by at
     least 180 days prior to expiration date for the term then in effect.

7.2  Termination.

 (1) HITACHI may terminate this Agreement in case one or more of the followings
     occurs:

     (a) EarthWatch failed to acquire an export license necessary to export the
         Products to Territories or the license EarthWatch had acquired was
         withdrawn.
     (b) EarthWatch does not raise the funds necessary to develop and launch any
         satellite according to the plan.
     (c) EarthWatch is unable to achieve a successful launch by September 30,
         1996.
     (d) EarthWatch has lost its operating license.
<PAGE>

EarthWatch agrees to return all HITACHI's advanced payments to HITACHI if the
Agreement is terminated for any reasons stated above (to the extent not credited
royalty payments earned by EarthWatch).

(2)  EarthWatch may terminate the Agreement and HITACHI's distribution license
in the event HITACHI or its Dealer breaches the provisions of Section 4 and 13.
1, and HITACHI fails to cure or cause to cure such breach within sixty (60) days
following receipt of a notice from EarthWatch claiming such breach.

(3)  Either party may terminate this Agreement upon written notice to the other
party in the event that the other party otherwise materially breaches this
agreement, and fails to cure such breach within sixty (60) days of receipt of
notice thereof.

(4)  EarthWatch agrees that, if this Agreement with HITACHI is terminated for
any reason, EarthWatch will continue to support any existing contracts with
Japanese Customers for EarthWatch products and services subject to mutual
agreement between such customer and EarthWatch as to the terms upon which such
support will be provided. Details of required support would be determined with
each customer on a case-by-case basis.

(5)  In the event of a termination of this Agreement for any reason, EarthWatch
may elect to continue or terminate any order then pending. Each party
understands that the rights of termination hereunder are absolute. Neither party
shall incur any liability whatsoever for any damage, loss or expenses of any
kind suffered or incurred by the other (or for any compensation to the other)
arising from or incident to any termination of this Agreement by such party
which complies with the terms of this Agreement whether or not such party is
aware of any such damage, loss or expenses. Upon termination of this Agreement
by either party or naturally at the end of the term, (i) all rights and licenses
of HITACHI and its Dealers hereunder shall terminate, (ii) each party (including
Dealers, if any) will immediately return to the other party all Confidential
Information of the other party in its possession, custody or control in
whichsoever form held (including all copies or embodiments thereof) and (iii)
the following provisions will remain in effect: Sections 6.2, 7, 9-11 and 13.
In addition, the parties agree that termination is not the sole remedy under
this Agreement and, whether or not termination is effected, all other remedies
remain available. The foregoing provisions shall not be deemed to affect the
rights of HITACHI's then existing customers.

8.  LAND REMOTE SENSING ACT

EarthWatch agrees that in the event of revisions to the "Land Remote Sensing
Policy Act of 1992" restricting the export the Products, EarthWatch shall use
its best efforts to negotiate with US Government so as to maintain the
availability of the Products to HITACHI.

9.   CONFIDENTIALITY

9.1  Definitions. The term "Confidential Information" shall mean any information
     disclosed by one party to the other party in connection with this Agreement
     that meets the requirements of this Agreement. All disclosure of such
     Confidential Information shall be designated with

<PAGE>

     an appropriate legend such as "CONFIDENTIAL". In the event such disclosure
     is initially oral or visual and not reduced to writing, it shall be
     conformed in a written document, with the appropriate legend such as
     "CONFIDENTIAL" within ten (10) days following such disclosure.

9.2  Confidentiality Obligations. The Receiving Party agrees to hold all
     Confidential Information of the Disclosing Party in trust and confidence,
     and to protect it as the Receiving Party would protect its own confidential
     information and not to use such Confidential Information other than for the
     purpose of this Agreement. Unless agreed by the Disclosing Party in
     writing, the Receiving Party agrees not to disclose any Confidential
     Information of the Disclosing Party, by publication or otherwise, to any
     person other than those persons who have a need to know such Confidential
     Information for purposes of exercising its rights under this Agreement or
     performing its obligations under this Agreement. The foregoing
     confidentiality obligation shall survive until five (5) years after the
     termination of this Agreement.

9.3  Exceptions. The obligations specified above shall not apply to any
     Confidential Information that;

     (a) is already known to the Receiving Party at the time of executing this
Agreement; or

     (b) is acquired by the Receiving Party from a third party and does not
originate with the Disclosing Party, or

     (c) is independently developed by the Receiving Party; or

     (d) is approved for release by a written authorization of the Disclosing
Party; or

     (e) is in the public domain at the time it is disclosed or subsequently
falls within the public domain; or

     (f) is furnished to a third party by the Disclosing Party without a similar
restriction on the third party's right or

     (g) is disclosed pursuant to the requirement of a governmental agency or
disclosure is permitted by operation of law.

9.4  Return of Confidential Information. Upon termination of the Receiving
     Party's rights under this Agreement, any and all Confidential Information
     of the Disclosing Party shall be returned to the Disclosing Party, or shall
     be destroyed by the Receiving Party and a certificate of such destruction
     shall be provided to the Disclosing Party.

10.  JURISDICTION AND APPLICABLE LAW

     10.1  Jurisdiction. Both parties agree that all disputes or difference
           arising out of or in

<PAGE>

           relation to this Agreement shall be discussed in good faith with the
           intention of resolving matters amicably between the parties. Any
           dispute or difference arising out of or in relation to this
           Agreement, or the breach hereof or thereof, which cannot be settled
           amicably between the parties without undue delay, shall be submitted
           to the exclusive jurisdiction of Federal Court of California. Nothing
           in this Agreement shall prevent either party from seeking injunctive
           or other equitable relief from any court having jurisdiction over the
           parties hereto.

     10.2  Applicable Law. This Agreement shall be governed by and construed in
           accordance with the laws and regulations of the State of California
           without regard to the conflict of laws rules thereof.

     10.3  Arbitration. Any claim, dispute or controversy arising out of or in
           connection with or relating to this Agreement or the breach or
           alleged breach thereof shall be submitted by the parties to
           arbitration (which arbitration shall be binding for purposes of this
           Agreement only) in San Francisco, California in accordance with the
           then-current commercial arbitration rules of the International
           Chamber of Commerce ("ICC") except as otherwise provided herein.
           This Agreement shall be governed by and construed under the laws of
           the State of California and the United States without regard to
           conflicts of laws provisions thereof and without regard to the United
           Nations Convention on Contracts for the International Sale of Goods.
           All proceedings shall be held in English and a transcribed record
           prepared in English. The parties shall each choose one arbitrator
           with technical expertise in the area of dispute and such two
           arbitrators shall, by mutual agreement, select a third, neutral
           arbitrator. If no arbitrator is appointed by either EarthWatch or
           HITACHI within thirty (30) days of notice of intent to failure. The
           judgment rendered by the arbitrators shall include costs of
           arbitration, reasonable attorney's fees and reasonable costs for
           expert and other witnesses, and judgment on such award may be entered
           in any court having jurisdiction thereof.  Nothing in this Agreement
           shall be deemed as preventing either party from seeking injunctive
           relief (or any other provisional remedy) from any court having
           jurisdiction over the parties and the subject matter of the dispute
           as necessary to protect either party's name, proprietary information,
           trade secrets, know-how or any other proprietary rights. If the
           issues in dispute involve scientific or technical matters, any
           arbitrator chosen hereunder shall have educational training and/or
           expertise sufficient to demonstrate a reasonable level of relevant
           scientific knowledge. In any action or proceeding to enforce rights
           under this Agreement, the prevailing party shall be entitled to
           recover costs and attorney's fees.

11.  FORCE MAJEURE

If the performance of this Agreement or any obligations hereunder is prevented,
restricted or interfered with by the reasons of acts of Gods, acts of any
governmental authority, riot, revolution, fires or war beyond the reasonable
control the parties hereto ("Force Majeure"), the party so affected shall be
excused from such performance until Force Majeure is removed, provided that the

<PAGE>

party so affected shall use its best efforts to avoid or remove such causes of
non-performance and shall continue performance hereunder with the utmost
dispatch whenever such causes are removed.

12.  EXPORT LICENSE

Both parties acknowledge that the export license is essential to performance of
this Agreement. EarthWatch shall be responsible for obtaining any and all export
license and/or other governmental approvals that may be required to export the
Products to Territories. HITACHI shall provide reasonable assistance and
information for EarthWatch to obtain such licenses and/or approvals.

13.  MISCELLANEOUS

     13.1  Compliance with Laws. The parties hereto shall comply with any and
all applicable laws, rules and regulations of the governmental authorities
concerned.

     13.2  Severability. A waiver of a breach or default under this Agreement
shall not be a waiver of any other subsequent default. Failure or delay by
either party to enforce this Agreement shall not constitute a waiver of such
term or condition.

     13.3  No Assignment. Assignment by either party of this Agreement or any
interest herein or any payment due or to become due hereunder, without a prior
written consent of the other party, shall be void, provided, however, that
either party may assign and delegate its rights and obligations hereunder in
connection with the sale of substantially all the assets of such party without
the consent of the other party.

     13.4  Independent Contractor. The parties hereto are independent
contractors. Nothing contained herein or done in pursuance of this Agreement
shall constitute either party the agent of the other party for any purpose or in
any sense whatsoever, or constitute the parties as partners or joint ventures.

     13.5  Amendment. No alteration, amendment, waiver, cancellation or any
other change in any term or condition of this Agreement shall be valid or
binding on either party unless made in writing and signed by duly authorized
representatives of both parties.

     13.6  Entire Agreement. The terms and conditions herein contained
constitute the entire agreement between the parties and supersede all previous
agreements and understandings, whether oral or written, between the parties
hereto with respect to the subject matter hereof.

     13.7  Role of Hitachi America, Ltd. Procurement & Technical Service
Division of Hitachi America, Ltd. ("HAL") shall act as a disbursement agent of
HITACHI in accordance with the terms and conditions of this Agreement.
EarthWatch shall issue its invoices to HAL, and HAL shall make payments to
EarthWatch in accordance with this Agreement. Notices to HAL shall be delivered
or addressed to:

     Hitachi America, Ltd.

<PAGE>

     Procurement and Technical Services Division
     2000 Sierra Point Parkway
     Brisbane, CA 94005-1835
     Tel: 415-244-7400
     Fax: 415-244-7935
     Attn: Procurement Manager

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed
by their respective duly authorized representatives as of the date first above
written.

EARTHWATCH INCORPORATED              HITACHI, LTD.

BY:       /s/ Douglas Gerull         BY:       /s/ Kazuhiko Wakino
NAME:     Douglas Gerull             NAME:     Kazuhiko Wakino
TITLE:    President                  TITLE:    General Manager
DATE:     June 4, 1995               DATE:     May 30, 1995

<PAGE>

                                   EXHIBIT A
                              Product Definitions

1.     Product Definitions

The following list identifies the EarthWatch products covered by this Agreement
between HITACHI and EarthWatch. This list of products licensed to HITACHI for
distribution applies to such products as derived from both the EarthWatch
EarlyBird (3m/15m) satellite series and the EarthWatch QuickBird (1m/4m)
satellite series.

1.1    Basic Imagery Products

     Image acquisition contracts and individual image orders for customers,
including possibility for priority scheduling for Digital GlobeTM ("DG")
products as follows:

1.1.1  DG Level 0 - RAW data which consists of unprocessed, unintegrated frames
       accompanied by associated metadata concerning time and location of
       exposure, and relevant sensor and satellite system data for Level I and
       higher level corrections. (For example, an EarlyBird "frame" is a single
       1k x 1k pixel area as exposed by an individual CCD array on the 3-meter/
       15-meter sensors.)

1.1.2  DG Level 1 - SYSTEM CORRECTED scenes consisting of frames of data which
       have been passed through the EarthWatch quality control and product
       assessment production line, received appropriate corrections for system
       characteristics and errors. The SYSTEM CORRECTED scenes will also be
       comprised of aggregated ("joined") frames (where possible) to appropriate
       sizes for customer delivery (nominally 6km x 6km ground distance for
       3-meter panchromatic imagery)

1.2    Geometric Value Added Products

1.2.1  DG Level 2 - PRECISION CORRECTED areas of pixel data that have been
       resampled to the discrete pixel definitions of the Digital GlobeTM
       reference system using x,y control points only.

1.2.2  DG Level 3 - TERRAIN CORRECTED areas of pixel data that have been
       resampled to the discrete pixel definitions of the Digital GlobeTM
       reference system using x,y control points and digital terrain elevation
       data to correct image displacement errors due to terrain relief.

1.2.3  DG Level 4 - DIGITAL ELEVATION VALUES as available for discrete pixel
       locations on the Digital GlobeTM.

1.3    Thematic Value Added

1.3.1  DG Levels 5 through N - EarthWatch will make new value-added products
       available to HITACHI as they are available.
<PAGE>

1.4    Data Infrastructure Products

1.4.1  Remote Archives are EarthWatch developed facilities for storage and
       retrieval of EarthWatch data products, consisting of computer server
       hardware and software.

1.4.2  Remote Gateways are EarthWatch developed facility to manage customer
       and/or Dealer access to local or global archive data sets on the
       EarthWatch electronic product distribution network.

1.4.3  Subscription Kits are an EarthWatch supplied software and data set to
       allow customers to access the EarthWatch product Archives via the
       Gateways for purposes of ordering and receiving product. EarthWatch
       customers will be required to first become subscribers to the EarthWatch
       Subscription Kit for a nominal fee. The product consists of a software
       and data. The purpose of the package is to pre-qualify EarthWatch
       customers and enable efficient order placement.

       Primary functions of the Subscription Kit are to allow customers to

       a)  identify areas of interest on a digital map display

       b)  identify existing imagery and products available in an interest area

       c)  identify next earliest opportunities for new imagery

       d)  place orders via manual fax, or on-line ordering methods

1.4.4  Virtual Ground Station Link ("VGSL") shall mean the EarthWatch or Dealer
       or Customer supplied physical link (e.g. VSAT or other) which enables
       communication between a Customer or Dealer Archive and the EarthWatch
       Master Archive located at EarthWatch Headquarters in Colorado.

1.5    EarthWatch Services

1.5.1  Catalog Subscription Service. The Catalog Subscription Service
       automatically updates the image and product catalog at Customer sites
       equipped with a Remote Archive. Catalog subscription allows Customers to
       be immediately aware of EarthWatch imagery being acquired worldwide as
       soon as it is downloaded.

1.5.2  Image Subscription Service. The Image Subscription Service provides for
       immediate transmission of (new, archived, unprocessed, or processed)
       imagery to special Customer accounts equipped with a Remote Archive and
       priority scheduling of such Customer requests. These Customers can use
       their updated catalog to request imagery of interest as soon as it is
       made available by EarthWatch. Subscriptions may be specified by
       geographic location, time, or imagery type. The fee for the Image
       Subscription Service is specific to
<PAGE>

       each Customer depending on type of communications link, response time
       required, and volume of imagery orders.

1.6    General

1.6.1  EarthWatch will maintain a staff for system integration and maintenance
       work related to data infrastructure products and provide maintenance
       contracts.

1.6.2  Terms, including price and profit margins or any EarthWatch valued-added
       products produced by HITACHI will be determined individually and attached
       to the Agreement as necessary.

1.6.3  New Products by HITACHI

a.     EarthWatch and HITACHI agree that HITACHI can market and distribute new
       products produced by HITACHI utilizing EarthWatch's products as
       components.

b.     EarthWatch and HITACHI agree that if newly developed HITACHI products
       include EarthWatch's Products in its explicitly recognizable form, in
       whole or in part, the final delivery package to customers, these new
       HITACHI products will be addressed by this Agreement and royalty(s) shall
       be agreed upon by both parties prior to the first shipment.

       For example,

       If HITACHI sells a line map or database it has made from EarthWatch
       imagery, EarthWatch will have no rights to royalties from the sale of the
       product other than to the standard charges for the original imagery used.

       However, If HITACHI modifies or enhances EarthWatch's original image to
       meet customer's requirements, HITACHI can pay its license fee for the
       original image without any additional agreement.

1.6.4  EarthWatch will supply HITACHI and HITACHI dealers with EarthWatch Data
       Infrastructure Products for internal use at actual cost (i.e. no profit
       margin) of such products.

1.6.5  Subject to the terms and conditions of this Agreement, EarthWatch hereby
       grants HITACHI a sublicenseable, license to the EarthWatch developed
       "standard math model" that allows users to work with EarthWatch imagery
       in their own software systems ("Math Model"). The Math Model shall only
       be sublicensed by HITACHI to Customers and software suppliers who have
       executed product copyright protection terms and site licensing terms. The
       Math Model shall include the necessary algorithms to read EarthWatch
       imagery and apply system corrections to the data to make it suitable for
       measurement and general use. EarthWatch agrees to disclose the source
       code of the Math Model and the related documents to HITACHI. EarthWatch
       and HITACHI agree that if HITACHI improves upon the EarthWatch standard
       math model or develops other means to use
<PAGE>

       EarthWatch data within its own hardware and software products, HITACHI is
       under no obligation to provide such improvements or new developments to
       other hardware/software developers or users of EarthWatch data.
       EarthWatch and HITACHI agree that EarthWatch will retain the right to
       upgrade and improve the standard math model as required.

2      Product Pricing

2.1    EarthWatch agrees to provide products and services to HITACHI at a
       transfer price discounted 40% off the suggested price list.

2.2    Notwithstanding the foregoing EarthWatch agrees to provide products and
       services to HITACHI at a transfer price discounted 76% off the suggested
       price list until the accumulated royalty amount reaches four hundred
       thousand US dollars (US$400,000.00). This provision shall apply only
       during the first year after the first successful EarthWatch launch.

2.3    EarthWatch and HITACHI agree to complete the determination of final
       Suggested Price List for EarthWatch products and services by
       September 30, 1995.

2.4

      a.  In the case of on-demand new image request, EarthWatch shall deliver
          DG Level 0 Products to HITACHI electronically within 12 hours from the
          first occasion when the satellite can successfully image the newly
          requested are in its field of view. If this condition is not met the
          charge for the imagery shall be reduced to the charge for achieved
          imagery.

      b.  In the case of archived image request and there exists the requested
          image(s) in the existing archives to deliver the requested products to
          HITACHI electronically or by airfreight within two (2) days after the
          acceptance of the order. If the above condition is not met the charge
          for the imagery shall be reduced by 10% for every day after due date,
          up to a maximum of 70% reduction.

      c.  EarthWatch guarantees HITACHI to assign its highest priority to use
          satellites in Territories including Korean Peninsula, upon receipt of
          a firm order from HITACHI. Once a firm order is received, EarthWatch
          will not change an imagery order requested by HITACHI due to a
          priority conflict.

      d.  HITACHI can refuse to accept images in the following cases and
          EarthWatch shall make the best commercially available efforts to
          recover them:

          (a) more than 10% of image area is covered by cloud

          (b) incorrect image is delivered due to a malfunction of the Data
              Infrastructure Products
<PAGE>

          (c) more than 10% of image area is different from the requested data

          (d) relative pixel position distortion is more than 1 pixel for any
              part of imagery for DG Level 1 products

          (e) relative pixel position error is within I pixel distance for DG
              Level 2,3 and 4 products.

2.5    If EarthWatch cannot provide products to HITACHI due to U.S. national
security restrictions, and if such restriction is on a scene-by-scene basis,
EarthWatch agrees to inform HITACHI that the requested imagery cannot be
provided due to such restriction(s).

2.5    EarthWatch and HITACHI agree to establish the Suggested Price List for
       all products, once per year. This Price List will be determined by mutual
       agreement.

2.6    HITACHI can individually establish actual final product price for each
       market segment or project.

2.7    Notwithstanding the foregoing, EarthWatch agrees to allow HITACHI
       reasonable temporary access to existing imagery for product research and
       development purposes.
<PAGE>

                              EXHIBIT B

                          Distribution Territories

1    Exclusive Product Sales and Distribution

1.1  EarthWatch will grant HITACHI an exclusive license to sell and distribute
     the Products within the following countries ("Exclusive Territory"):

     Japan                                     Philippines
     Afghanistan                               Singapore
     Bangladesh                                Sri Lanka
     Bhutan                                    Thailand
     Brunei Darussalam                         Hong Kong
     Cambodia                                  Taiwan
     China                                     Kiribati
     India                                     Marshall Islands
     Indonesia                                 Micronesia
     Laos                                      Nauru
     Malaysia                                  Viet Nam
     Maldives                                  Kazakhstan
     Mongolia                                  Kyrgyz
     Burma                                     Tadzhikistan
     Nepal                                     Turkmenistan
     Pakistan                                  Uzbekistan

2    Non-Exclusive Product Sales and Distribution

2.1  EarthWatch will grant HITACHI a non-exclusive license to sell and
     distribute the Products within the following countries ("Non-exclusive
     Territory"):

     Russian Federation

2.2  EarthWatch agrees that, in addition to HITACHI, it shall only grant further
     Russian Federation territories to Russian and/or U.S. based companies.
<PAGE>

3   General

3.1  In the event that a Japanese government agency requests that HITACHI make
Products available to foreign government accounts as part of an official
foreign-aid package, HITACHI shall have the right to sell to those accounts
directly or through the Japanese government agency, subject to applicable laws
and the terms of this Agreement. If the aid package including Products is
targeted to an account that has been exclusively assigned to a Dealer other than
HITACHI, EarthWatch agrees to use reasonable commercial efforts to facilitate
discussions between HITACHI and the other dealer.
<PAGE>

                                   EXHIBIT C
                                Licensing Terms

1    Dealer License Terms

1.1  The Dealer License Fee shall be waived so long as HITACHI is an equity
     owner of at least one (1) million EarthWatch shares of stock.

     If HITACHI cannot continue to have at least one (1) million EarthWatch
     shares of stock due to some restrictions on foreign investment that may
     apply to the ownership of such shares by HITACHI under the laws of the
     United States, for purpose of dealing with issues concerning product
     distribution, HITACHI is deemed to have at least one (1) million EarthWatch
     shares of stock.

1.2  EarthWatch agrees to give HITACHI the right-of-first refusal to act as a
     Dealer of new EarthWatch products and services in Territories, under
     similar conditions as this Agreement.

1.3  HITACHI agrees to give EarthWatch the right-of-first-refusal to be the
     supplier of any new satellite imaging products and services required by
     HITACHI to meet the demands of customers in Territories.

2    Product Licensing

2.1  EarthWatch agrees to provide product copyright protection terms and site
     licensing terms for each product to HITACHI by September 30, 1995.

2.2  Copyright and site-license terms are expected to be similar to those used
     for computer software and a separate licensing agreement will be developed
     for each product.

2.3  Both parties agree that the names of customers for EarthWatch products and
     services will be kept confidential and not released to any third-party
     under any circumstances without prior written approval from both parties.
     HITACHI agrees to provide end-user customer names to EarthWatch with each
     order as long as EarthWatch request for them is based on US Government
     regulation or as agreed between EarthWatch and HITACHI as necessary for
     commercial purposes such as marketing and planning.

<PAGE>

                                   EXHIBIT D

                            Product Sales Estimates

1   HITACHI Sales Revenues

1.1  HITACHI agrees to provide without any obligation EarthWatch with end-user
sales revenue estimates for each calendar year following launch. These estimates
will be delivered together with the HITACHI market study and sales plan due to
be completed no later than September 30, 1995.

1.2  HITACHI agrees to provide EarthWatch with revised sales estimates at the
beginning of each calendar year. HITACHI shall have no obligation to meet such
sales revenue estimates.

<PAGE>

                                   EXHIBIT E
                   Sales and Distribution Operations Concept

1    Sales

1.1  HITACHI will provide and maintain a direct sales and marketing organization
     and Dealer network (as necessary) who will sell and distribute the
     Products.

1.2  Dealers will be qualified by HITACHI and required to operate by the terms
     and conditions of the HITACHI Dealer license agreement attached hereto as
     Exhibit G.

1.3  HITACHI will maintain a complete and current list of all Dealers and their
     completed license contracts. HITACHI shall make an updated Dealer list and
     the actual contractual agreements between HITACHI and the Dealers available
     to EarthWatch on a regular basis.

1.4  HITACHI will cooperate fully with EarthWatch in ensuring that all aspects
     of EarthWatch's operating license are observed and not compromised in any
     way by HITACHI Dealers.

1.5  HITACHI agrees to maintain a regular training program for sales personnel
     and Dealers relating to the sale of Products. The extent of such programs
     will be according to need and the marketing plan.

1.6  EarthWatch agrees to provide HITACHI with priority access to EarthWatch
     imaging services. Specifically, at the beginning of each Quarter, HITACHI
     will order imaging requirements for the Quarter and EarthWatch will confirm
     the order with HITACHI before accepting any conflicting imagery orders.

2    Marketing

2.1  HITACHI agrees to complete a study of the Territory for the Products.
     HITACHI will provide a complete summary of the market survey results to
     EarthWatch.

2.2  The market study shall include development of a specific list of marketing
     materials. EarthWatch and HITACHI will then allocate preparation and supply
     responsibilities as appropriate.

2.3  HITACHI agrees to engage in advertising, market promotions, seminars and
     workshops within its markets featuring EarthWatch.

2.4  EarthWatch and HITACHI agree to use best efforts to promote and maintain
     recognition of, and protect each other's trademarks.

<PAGE>

3    Order Processing and Delivery

3.1  EarthWatch agrees to provide Products directly to HITACHI. HITACHI will
     then deliver the Products to customers within the Territory via the
     Gateway.

3.2  HITACHI agrees to process orders from Customers and Dealers and make
     payment to EarthWatch.

4    EarthWatch Technical Services, Data Infrastructure Products

4.1  EarthWatch agrees to disclose the source code and its related documents of
     the Data Infrastructure Product(s) software and the Subscription Kit
     software to HITACHI and agrees that HITACHI can localize and modify the
     software to incorporate them into systems developed by HITACHI. If such
     embedded products are resold by HITACHI, normal resale fees will be payable
     to EarthWatch.

4.2  Source code disclosure is limited to that code developed by or owned by
     EarthWatch and does not extend to software tools owned by others (e.g.
     compilers, query languages, databases, etc.) that may be used by EarthWatch
     as a foundation for the Data Infrastructure Products and/or Subscription
     Kit.

4.3  Any HITACHI software sold that is specifically derived from or including
     EarthWatch software shall be considered the same as a sale of the relevant
     EarthWatch product and the applicable royalty shall be payable to
     EarthWatch.

4.4  If HITACHI (or its Dealers) have installed Data Infrastructure Products to
     receive and store EarthWatch images, EarthWatch will further assist HITACHI
     (under separate contract) to develop a local distribution network from
     their Data Infrastructure site to customers.

     This assistance will include the provision of the Subscription Kit software
     and modifications required to support the local customer situation.
     Modifications can include, but are not limited to, localization of
     language, incorporation of local communications network protocols, etc.

5    Documentation

5.1  HITACHI and EarthWatch will develop detailed flow charts showing the
     nominal distribution networks for sales, order processing, and physical
     product delivery. These flowcharts are to be completed together with the
     HITACHI market study by September 30, 1995.

<PAGE>

                                   EXHIBIT F

                         Satellite Operations Concept

1   EarthWatch EarlyBird Sensor Characteristics

1.1  HI-RES Panchromatic Sensor

  Frame size:   36 Sq. km.

  Pixel size:   3 meters
  Camera:       4 megapixel, staring focal plane arrays
  Data size:    4 M4bytes (uncompressed)
  Wavelengths:  Grayscale (8 bits), sampling 450 to 800 mm

1.2  MULTI-COLOR Sensor

  Scene size:    900 Sq. km.

  Pixel size:     15 meters
  Camera:         4 megapixel (x3), staring focal plane arrays
  Data size:      12 Mbytes (uncompressed)
  Wavelengths:    Green 500 to 590 mm
  Red             610 to 680 mm
  Near IR         790 to 890 m

1.3  Sensors have a 30 degree fore-and-aft, and side-to-side pointing
     capability.

2    EarthWatch QuickBird Sensor Characteristics

  Panchromatic pixel size:  1 meter
  Multicolor pixel size:   4 meters

Other characteristics are under development, to be attached to this agreement
as soon as final designs are complete.

3    Image Data Collection Mode

All EarthWatch satellites are equipped with on-board solid state recorders to
allow "store-and-dump" operations. As each satellite passes near a groundstation
it downlinks stored images and receives new imaging instructions for the next
orbit.
<PAGE>

                                   EXHIBIT G

                       Estimated Schedule and Reporting

1.     Schedule Milestones

1.1    By EarthWatch Incorporated:
1.1.1  Distribution Agreement completed
1.1.2  Delivery of Satellite payload to bus builder CTA            Q'4, 1995
1.1.3  Launch of first EarthWatch satellite                    Q'1-Q'2, 1996

1.2    By HITACHI:
1.2.1  Expanded Distribution Agreement completed                  April 1995
1.2.2  Start of advance sales to key accounts                     April 1995
1.2.3  Completion of market study                             September 1995
1.2.4  Completion of marketing and sales plan                 September 1995
1.2.5  Completion of physical product distribution plan        November 1995
1.2.6  HITACHI Archive and Gateway go on-line                     March 1996

1.3    Status Reports

       EarthWatch and HITACHI agree to provide each other with a project status
       update at the end of each operating quarter. The standardized report will
       address the following topics.

1.3.1  General project status

1.3.2  Any changes to the "Land Remote Sensing Policy Act of 1992"

1.3.3  Status of relevant EarthWatch licenses and approvals

1.3.4  Status of competitive systems known to EarthWatch
<PAGE>

                                   EXHIBIT H

                          Dealer License Agreement(s)

1    Dealer License Agreement(s)

1.1  EarthWatch and HITACHI agree that EarthWatch will have final approval over
     the form and content of any HITACHI sub-licensing agreements if HITACHI
     uses Dealers to distribute EarthWatch products and services. Such approval
     will not be unreasonably withheld by EarthWatch.

1.2  EarthWatch and HITACHI agree to attach any standard Dealer sub-licensing
     agreement for the sale of EarthWatch products and services to the final
     Agreement.

     (Regarding Dealer License Agreement, some expression shall be added so that
     EarthWatch cannot intentionally interfere HITACHI's business using
     EarthWatch's right of approval.)
<PAGE>

                                  AMENDMENT A

                                      to

               EARTHWATCH-HITACHI IMAGERY DISTRIBUTION AGREEMENT

                            EarthWatch Incorporated

                  1900 Pike Road Longmont, Colorado USA 80501

                                 Hitachi, Ltd.

            6 Kanda-Surugadai, 4-chome, Chiyoda-ku Tokyo, 101 Japan

Hitachi, Ltd. ("HITACHI"), a Japanese corporation, with its principal place of
business at 6 Kanda-Surugadai, 4-chome, Chiyoda-ku Tokyo, 101 Japan and
EarthWatch Incorporated ("EarthWatch"), a Colorado corporation, with its
principal place of business at 1900 Pike Road, Longmont, Colorado 80501 have
entered into EARTHWATCH-HITACHI IMAGERY DISTRIBUTION AGREEMENT (hereinafter
referred to as "AGREEMENT") as of June 4, 1995. Both parties further agree to
execute this Amendment A (hereinafter referred to as "AMENDMENT") to AGREEMENT
as follows:

1.   SCOPE
1.1  General
This Amendment is intended to grant an additional right to EarthWatch to cover
the special products / services specified in Section 3 "Scope of Special
Products / Services" in this AMENDMENT (hereinafter referred to as "SPECIAL
PRODUCTS / SERVICES") for the specific countries (hereinafter referred to as
"COUNTRIES"). Such COUNTRIES are further defined in Section 2.1 and EXHIBIT B
hereunder, which is subject to change by mutual agreement in writing by both
parties.
<PAGE>

This amendment is also intended to grant additional rights to HITACHI to cover
"SPECIAL PRODUCTS / SERVICES" for the Distribution Territories specified in
EXHIBIT B of the AGREEMENT, excluding the COUNTRIES in this AMENDMENT.

The objective of this AMENDMENT is to;
(1) Maximize the total revenue from COUNTRIES for both parties.
(2) Satisfy the requirements of Asian national security interests.
(3) Maintain contractual consistency with the AGREEMENT.

1.2  The relationship with AGREEMENT
This AMENDMENT defines the rights and relationship between HITACHI and
EarthWatch relative to sublicensing of SPECIAL PRODUCTS / SERVICES and/or MAS
Products to COUNTRIES. If there is any discrepancy or conflict between the
AGREEMENT and this AMENDMENT, this AMENDMENT shall govern. Notwithstanding the
above, unless otherwise expressly specified in this AMENDMENT, the terms and
conditions of AGREEMENT shall survive.

2.   DEFINITIONS

For the purpose of this AMENDMENT, the following are the defined terms in
addition to the terms in the AGREEMENT.

2.1  COUNTRIES
COUNTRIES in a plural expression and COUNTRY in a single expression shall be
defined in EXHIBIT B of this AMENDMENT, and which shall be within the
"Distribution Territories" stated in Exhibit B of the AGREEMENT.

2.2  National Security Organizations
"National Security Organizations" shall mean any and all army, navy, air forces,
coast guard, security police, intelligence services, foreign / international
affairs, and strategic missile forces in the COUNTRIES, and further defined in
EXHIBIT B, National Security Organizations can include any organization and/or
entity which acts on behalf of the above mentioned National Security
Organizations. National Security Organizations shall not include the Japan
Defense Agency and any organization in the Japanese central government, and
Japanese local governments.

2.3  Satellite
"Satellite" shall mean EarlyBird and/or QuickBird launched by EarthWatch.

2.4  Direct Reception
"Direct Reception" shall mean satellite imagery transmission directly from
Satellite to a ground station without any intervention of EarthWatch or its
distributors' distribution network. The Satellite imagery shall be limited to
the imagery which can be taken from Satellite in the line of sight from the
given ground station.
<PAGE>

2.5  Footprint

"Footprint" shall be defined corresponding to each ground station for direct
satellite data reception. Footprint is all of the surface area of which
photographs can be taken from the Satellite which is in the line of direct
communication from the given ground station.

2.6  Direct Tasking

"Direct Tasking" shall mean one of or both of the following Satellite tasking
methods;

(a)  A Direct Reception Station gives tasking order for Direct Reception
directly to Satellite when Satellite is over the Footprint area.

(b)  A Direct Reception Station gives tasking order for Direct Reception to
Satellite through some network, through other ground station(s) and EarthWatch
ground station.

2.7  Master Archive System (MAS) Products

Master Archive System (MAS) Products shall mean the archive of the imagery taken
by the Satellite and stored at EarthWatch, Longmont, and which is more
specifically stated in Exhibit A (1. Product Definitions) of the AGREEMENT,
excluding Data Infrastructure Products stated in 1.4 of the Exhibit A of the
AGREEMENT.

2.8  Seconds-on-Orbit (Available Orbit Time)

Seconds-on-Orbit (Available Orbit Time) shall be the imaging right provided to
the customer. This imagery right shall be based on the satellite occupied time
duration by the direct Reception Station when the satellite is within the line
of direct communication from the Direct Reception Station or less than the area
of the footprint. This imaging right implies that imagery will be directly
received by customers at Direct Reception Ground Stations. Seconds-on-Orbit
(Available Orbit Time) can be defined for each orbit or accumulated time for a
certain time interval.

2.9  Direct Reception Station

Two types of Direct Reception Stations for Direct Reception can be fixed Direct
Reception Station and/or mobile Direct Reception Station. The footprint of the
mobile direct reception stations shall be calculated based on the location of
the direct reception station within the national territory and the geographic
area of the footprint to be defined on a case-by-case basis. The licensed type
of Direct Reception Station for each COUNTRY is specified in EXHIBIT B.

a.   Fixed Direct Reception Station

b.   Mobile Direct Reception Station (Mobile station can move within the
national territory of each COUNTRY)

3.   SCOPE OF SPECIAL PRODUCTS/SERVICES

3.1  Direct Tasking, Direct Reception

This is to grant Direct Reception Station(s) and/or customer(s) the ability to
directly task the EarthWatch Satellite(s) and/or to receive Satellite imagery
data directly from such Satellite(s).
<PAGE>

The duration of Direct Reception is specified by the licensed orbit time over
the Footprint or less than the area of the footprint specified in 2.8 in percent
of the Available Orbit Time. The licensed orbit time shall be defined for each
Direct Reception Station as specified in EXHIBIT A.

3.2  Seconds-on-Orbit (Available Orbit Time)

Seconds-on-Orbit (Available Orbit Time) shall be the imaging right provided to
the customer. This imagery right shall be based on the satellite occupied time
duration by the direct Reception Station when the satellite is within the line
of direct communication from the Direct Reception Station or less than the area
of the footprint. This imaging right implies that imagery will be directly
received by customers at Direct Reception Ground Stations. Seconds-on-Orbit
(Available Orbit Time) can be defined for each orbit or accumulated time for a
certain time interval.

3.   Secret Tasking

Secret Tasking is an optional service to hide the Direct Tasking order from
anybody excluding EarthWatch and the Direct Reception Station. Any imagery taken
by this Secret Tasking is not archived in the Master Archive at least for one
year after the photographing. The availability of Secret Tasking is defined for
each National Security Organization in EXHIBIT B and in specific teaming
agreement if necessary.

4.   Mitigation of resource conflict

This section defines the procedure to mitigate conflict between AGREEMENT and
Section 3.1 "Direct Tasking and Direct Reception to/from Satellites" or
Section 3.3 "Secret Tasking C" of this AMENDMENT.

4.1  Collision of the on-board memory usage:

As there are upper limits of on-board imagery memory for the Satellite, the
directly tasked and received images shall not be stored in the on-board memory.

4.2  Collision of imagery sensor usage:

Within the imaging area of a Direct Reception Station, a collision happens
between HITACHI's priority tasking right and the a Direct Reception. The
licensed orbit time shall be specified for the COUNTRY, National Security
Organization(s), and/or customer(s) as specified in EXHIBIT B.

5.   LICENSE GRANT

(a)  Subject to all the terms and conditions of this AMENDMENT, HITACHI hereby
acknowledges and grants EarthWatch the right to sublicense/offer SPECIAL
PRODUCTS/SERVICES and/or MAS Products for COUNTRIES as defined from Section 5.1
to Section 5.6 and in accordance with EXHIBIT A and B.

(b)  Subject to all terms and conditions of this AMENDMENT, EarthWatch hereby
acknowledges and grants HITACHI the right to sublicense/offer SPECIAL
PRODUCTS/SERVICES for Distribution Territories specified in EXHIBIT B of
AGREEMENT excluding
<PAGE>

COUNTRIES in this AMENDMENT, based an subsequent agreed upon specific teaming
agreements to be negotiated between HITACHI and EarthWatch Incorporated.

5.1  Direct Reception

(a)  HITACHI grants EarthWatch the right to sublicense/offer Direct Reception
and/or Seconds-on-Orbit as defined by the licensed Available Orbit Time
indicated in EXHIBIT A. The above mentioned sublicense can include Direct
Tasking and/or Secret Tasking if defined in EXHIBIT A. The licensed Seconds-
on-Orbit shall be defined out of the Available Orbit Time and shall be defined
weekly, monthly, and yearly in the maximum percent.

(b)  In accordance with EXHIBIT B, if any conflict of Satellite resources
requests happen between Direct Reception Station(s) in Japan under HITACHI's
and/or EarthWatch's control or under the control of HITACHI's sublicensee and
Direct Reception Station(s) outside of Japan, EarthWatch shall grant higher
priority of Satellite usage to HITACHI.

5.2  HITACHI hereby grants EarthWatch the right to sublicense/distribute its
MAS products as defined in EXHIBIT B. EarthWatch shall limit and be responsible
for limiting the scope of the distribution of the above mentioned MAS Products
in accordance with EXHIBIT B.

5.3

(a)  EarthWatch shall limit and be responsible for limiting the scope of
distribution of Satellite imagery received by Direct Reception Station in
accordance with EXHIBIT B.

(b)  EarthWatch can grant the National Security Organization non-exclusive
distribution rights of Satellite imagery received by Direct Reception Station
outside of the National Security Organization, however limited in the Country
where the Direct Reception Station exists, if such a distribution right is
defined in EXHIBIT B.

(c)  EarthWatch shall be responsible for including in sublicensing agreement
HITACHI's nonexclusive distribution right (when applicable in accordance with
EXHIBIT B).

5.4  Direct Reception by Japanese National Security Organization(s):

EarthWatch grants HITACHI the right to sublicense Direct Reception to Japanese
National Security Organization(s).

5.5  Notwithstanding above, any project funded by international or foreign
organizations shall be excluded from the scope of this license grant in 5(a).

6.   PRICE AND PAYMENT

In consideration of the right granted hereunder, EarthWatch shall pay to HITACHI
a sublicensing fee and distribution commission in accordance with Section 6.2
"Initial sublicensing fee" and Section 6.3 "Commission for SPECIAL
PRODUCTS/SERVICES" hereunder.
<PAGE>

6.1  Price schedule
Price schedule(s), where applicable, shall be specified in EXHIBIT A.

6.2  Initial sublicensing fee Should EarthWatch acquire any initial license fee
from National Security Organization for the SPECIAL PRODUCTS/SERVICES listed
in EXHIBIT B, EarthWatch shall pay to HITACHI 50% of such fee. The royalty
shall be paid to HITACHI following payment to EarthWatch by the customer(s) of
such fee.

6.3  Commission for SPECIAL PRODUCTS/SERVICES listed in EXHIBIT B

(a)  Furthermore, EarthWatch shall pay to HITACHI a 15% royalty on total revenue
from SPECIAL PRODUCTS/SERVICES sold as a commission in accordance with Exhibit
B. The royalty shall be paid to HITACHI following payment to EarthWatch by the
customer(s) for SPECIAL PRODUCTS/SERVICES sold.
(b)  Furthermore, EarthWatch shall pay to HITACHI a 10% royalty on total revenue
from MAS products sold as a commission in accordance with Exhibit B. The royalty
shall be paid to HITACHI following payment to EarthWatch by the customer(s) for
MAS products sold.

6.4  Payment terms

EarthWatch shall pay to Hitachi such Initial sublicense fee and commission in
accordance with Section 6.2 and 6.3 respectively within 60 days following the
end of each quarterly calendar year. EarthWatch shall provide to Hitachi a
royalty report in a format acceptable to HITACHI. The payment terms shall be
identical to AGREEMENT unless specifically defined.

7.   OBLIGATION OF THE PARTIES

When Satellite tasking is so congested that the scheme stated in "4. Mitigation
of resource conflict" in this AMENDMENT is frequently difficult to realize,
EarthWatch shall make a best effort to launch additional Satellite(s) to
mitigate the congestion.

This AMENDMENT shall in no event allow EarthWatch to sell or distribute the
information received from Satellite including any modified form, to any
organization or any person, which is not listed in EXHIBIT B. EarthWatch shall
be fully responsible to limit the application of Satellite imagery taken by
SPECIAL PRODUCTS/SERVICES in accordance with EXHIBIT B.

8.   WARRANTY AND INDEMNIFICATION

8.1. Warranty HITACHI has no responsibility in any contents, any quality of
SPECIAL PRODUCTS/SERVICES, and EarthWatch shall be fully responsible for the
contents and quality of SPECIAL PRODUCTS/SERVICES to the customers in COUNTRIES,
<PAGE>

8.2  Indemnity

EarthWatch shall hold HITACHI and its customers, officers, directors, agents and
employees harmless from liability resulting from (I) third party claims against
HITACHI where the claim is a result of an unlawful action by EarthWatch or its
employees; or (ii) a breach by EarthWatch of any representation or warranty made
by it hereunder, or (iii) infringement by SPECIAL PRODUCT/SERVICES and/or MAS
Products of any patent issued as of the date of delivery if the first copy of
the applicable Product or any copyright, provided EarthWatch is promptly
notified of any and all threats, claims and proceedings related thereto and
given reasonable assistance and the opportunity to assume sole control over the
defense and all negotiations for a settlement or compromise; EarthWatch agrees,
at its own expenses, to defend any suit at law or equity against HITACHI based
on a claim that HITACHI's sublicensing SPECIAL PRODUCTS/SERVICES to EarthWatch
infringes any right of a third party. EarthWatch agrees to pay any damages and
costs finally awarded against 1-UTACHI or costs of any settlement in any suit
defended by EarthWatch pursuant to this Section.

8.3  Others

HITACHI shall hold EarthWatch and its officers, directors, agents and employees
harmless from liability resulting from (I) third party claims against EarthWatch
where the claim is a result of an unlawful action by HITACHI or its employees;
(ii) a breach by HITACHI of any representation, warranty or covenant made by it
hereunder.

9.   TERM AND TERMINATION

9.1  Term

This AMENDMENT shall be entered into in accordance with Section 10 hereunder,
and shall be effective until AGREEMENT is terminated and/or expired.

9.2  Termination

This AMENDMENT may be terminated at any time by mutual agreement in writing by
both parties. HITACHI shall be free from any responsibility caused by the
termination of this AMENDMENT. In addition, EarthWatch is fully responsible for
the contract between EarthWatch and customers in COUNTRIES, and HITACHI shall be
free from any responsibility and/or liability to such contract.

10.  Exhibit

All exhibits, attachments and schedules referred to in this AMENDMENT are
attached hereto and incorporated herein by this reference.

11.  Effectiveness

This AMENDMENT shall be executed on the dates and by the persons whose names and
signatures appear below and shall be effective on the last date signed;
<PAGE>

Signed:

EarthWatch Incorporated                        Hitachi, Ltd.

Name:  /s/ Dr. Richard Herring                 Name:  /s/ Takatoshi Kodaira
Name:  Dr. Richard Herring                     Name:  Takatoshi Kodaira
Title: CEO                                     Title: General Manager of
                                                      New Business
                                                      Development
Date June 4, 1997                              Date:  June 23, 1997
<PAGE>

                                   Exhibit A

                              Product Definition

Additional Product Definition

SPECIAL PRODUCTS/SERVICES

1)   Direct Tasking, Direct Reception

This is to grant Direct Reception Station(s) and/or customer(s) the ability to
directly task the EarthWatch Satellite(s) and to receive Satellite imagery data
directly from such Satellite(s). The duration of Direct Reception is specified
by the licensed orbit time over the Footprint in percent of the Available Orbit
Time. The licensed orbit time shall be defined for each Direct Reception
Station.

2)   Seconds-on-Orbit (Available Orbit Time)

Seconds-on-Orbit (Available Orbit Time) shall be the imaging right provided to
the customer. This imagery right shall be based on the satellite occupied time
duration by the direct Reception Station when the satellite is within the line
of direct communication from the Direct Reception Station or less than the area
of the footprint. This imaging right implies that imagery will be directly
received by customers at Direct Reception Ground Stations. Seconds-on-Orbit
(Available Orbit Time) can be defined for each orbit or accumulated time for a
certain time interval.

3)   Secret Tasking

Secret Tasking is an optional service to hide the Direct Tasking order from
anybody excluding EarthWatch and the Direct Reception Station. Any imagery taken
by this Secret Tasking is not archived in the Master Archive at least for one
year after the photographing. The availability of Secret Tasking is defined for
each National Security Organization.
<PAGE>

                                   EXHIBIT B

                           Distribution Territories

COUNTRY AND LICENSE GRANTS

HITACHI grants EarthWatch exclusive and / or non-exclusive sublicense right to
supply/offer the following SPECIAL PRODUCTS / SERVICES and or MAS PRODUCTS for
the customers in the COUNTRIES, as stipulated and listed below:

1.     COUNTRY: Thailand

2.     SUB-LICENSED SPECIAL PRODUCTS / SERVICES, MAS PRODUCTS AND EXCLUSIVITY
RIGHTS:

2.1    Special Products / Services

       (a)Direct Reception rights
       (b)Direct Tasking
       (c)Secret Tasking
       (d)Seconds-on-Orbit (Total Available Orbit Time)
          a. Weekly-- TBD
          b. Monthly-- TBD
          c. Yearly-- TBD

2.1.1  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to National Security
Organization(s) in the COUNTRY.

2.1.2  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to all other organizations and
customers in the COUNTRY.

2.2    MAS Products

2.2.1  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to National Security
Organization(s) in the COUNTRY.

2.2.2  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to all other organizations and
customers in the COUNTRY.
<PAGE>

1.     COUNTRY: Taiwan

2.     SUB-LICENSED SPECIAL PRODUCTS SERVICES, MAS PRODUCTS AND EXCLUSIVITY
RIGHTS:

2.1    Special Products / Services
       (a)  Direct Reception rights
       (b)  Direct Tasking
       (c)  Secret Tasking
       (d)  Seconds-on-Orbit (Total Available Orbit Time)
            a.  Weekly--TBD
            b.  Monthly--TBD
            c.  Yearly--TBD

2.1.1  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to National Security
Organization(s) in the COUNTRY.

2.1.2  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to all other organizations and
customers in the COUNTRY.

2.2    MAS Products

2.2.1  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to National Security
Organization(s) in the COUNTRY.

2.2.2  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to all other organizations and
customers in the COUNTRY.

1.     COUNTRY: Malaysia

2.     SUB-LICENSED SPECIAL PRODUCTS / SERVICES, MAS PRODUCTS AND EXCLUSIVITY
RIGHTS:

2.1    Special Products / Services
       (a)  Direct Reception rights
       (b)  Direct Tasking
       (c)  Secret Tasking
       (d)  Seconds-on-Orbit (Total Available Orbit Time)
            a.  Weekly--TBD
            b.  Monthly--TBD
            c.  Yearly--TBD

2.1.1  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to National Security organizations
in the COUNTRY.

2.1.2  NON-EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to all other

<PAGE>

organizations and customers in the COUNTRY.

2.2    MAS Products

2.2.1  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to National Security
Organization(s) in the COUNTRY.

2.2.2  NON-EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to all other organizations and
customers in the COUNTRY.

1.     COUNTRY: Singapore

2.     SUB-LICENSED SPECIAL PRODUCTS / SERVICES, MAS PRODUCTS AND EXCLUSIVITY
RIGHTS:

2.1    Special Products / Services
       (a)  Direct Reception rights
       (b)  Direct Tasking
       (c)  Secret Tasking
       (d)  Seconds-on-Orbit (Total Available Orbit Time)
            a.  Weekly--TBD
            b.  Monthly--TBD
            c.  Yearly--TBD

2.1.1  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to National Security
Organization(s) in the COUNTRY.

2.1.2  NON-EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to all other organizations and
customers in the COUNTRY.

2.2    MAS Products

2.2.1  EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to National Security
Organization(s) in the COUNTRY.

2.2.2  NON-EXCLUSIVE DISTRIBUTION RIGHTS GRANTED to all other organizations and
customers in the COUNTRY.

<PAGE>

                                  AMENDMENT B

                        PRICING STRUCTURE AND SCHEDULE

                                      to

               EARTHWATCH-HITACHI IMAGERY DISTRIBUTION AGREEMENT

                                by and between

                            EarthWatch Incorporated
                 1900 Pike Road, Longmont, Colorado USA 80501

                                      and

                                 Hitachi, Ltd.
            6 Kanda-Surugadai, 4-chome, Chiyoda-ku Tokyo, 101 Japan

Whereas, Hitachi, Ltd. ("HITACHI"), a Japanese corporation, with its principal
place of business at 6 Kanda-Surugadai, 4-chome, Chiyoda-ku Tokyo, 101 Japan and
EarthWatch Incorporated ("EarthWatch"), a Colorado corporation, with its
principal place of business at 1900 Pike Road, Longmont, Colorado 80501 have
entered into EARTHWATCH-HITACHI IMAGERY DISTRIBUTION AGREEMENT as of June 4,1995
("ORIGINAL AGREEMENT"), and

Whereas, HITACHI and EarthWatch have also entered into Amendment A to the
AGREEMENT as of June 4, 1997 ("AMENDMENT A"), in which HITACHI grants additional
rights to EarthWatch in certain countries, therefore ORIGINAL AGREEMENT and
AMENDMENT A are collectively referred to as "AGREEMENT", and

Whereas, both parties agree to define and determine the price structure and
schedule for EarthWatch products supplied to HITACHI,

Now, therefore, both parties further agree to execute this Amendment B to the
AGREEMENT ("AMENDMENT B") as follows:

<PAGE>

1.    SCOPE

1.1   General

          This AMENDMENT B is intended to more completely specify the price
structure and price schedule of EarthWatch Products supplied to HITACHI under
the ORIGINAL AGREEMENT. This AMENDMENT B is subject to change by mutual
agreement in writing by both parties.

           The objectives of this AMENDMENT are:

           1)  to better define the mechanism for establishing the Product price
structure and schedule;

           2)  to better define the Product licensing policy as it relates to
the price structure; and

           3)  to better define the mechanism for establishing the price
structure and schedule for a wide range of potential value added products.

1.2   Relationship with AGREEMENT

          This AMENDMENT B defines the price structure and price schedule of
EarthWatch Products supplied to HITACHI under the ORIGINAL AGREEMENT. If there
is any discrepancy or conflict between AGREEMENT and AMENDMENT B with regard to
product definition or product pricing as described in Exhibit A of the ORIGINAL
AGREEMENT, then this AMENDMENT B shall govern. Notwithstanding the above, unless
otherwise expressly specified and stated in this AMENDMENT B, the terms and
conditions of the AGREEMENT shall survive and govern.

2.    DEFINITIONS

      For the purpose of this AMENDMENT B, the following are the defined terms
in addition to the terms in the AGREEMENT:

2.1   "Academic Discount" A special price discount of the Products for use
solely at an accredited educational institute for non-profit purposes of
research or teaching.

2.2   "Analog Media" Any publication or distribution of Products and derived
imagery in the form of analog data. This includes, but not limited to, printed
pictures, imagery broadcast on TV, and imagery recorded on analog video tape.

2.3   "Derivative Works" Works based upon Products, such as a revision,
modification, translation, abridgment, condensation, expansion, or any other
form in which such preexisting works may be recast, transformed, or adapted, and
that, if prepared without authorization of the owner of the copyright in such
preexisting work, would constitute a copyright infringement.

2.4   "End User or User" Any person or entity, including its employees, agents
or contractors, who obtains the Products solely for its own internal use, within
a Site.

2.5   "End User License Agreement (EULA)" A written agreement containing the
terms, conditions, and obligations of both parties effective at the time of
order under which EarthWatch grants a license to an End User for the limited use
of a Product or Products. A copy of the current version is attached hereto as
Exhibit B. The EULA will be revised by EarthWatch as necessary. HITACHI's
obligations arising from the EULA will be those in effect at the time of the End
User's order.

2.6   "Intellectual Property Rights" The intangible legal rights or interests
evidenced by or embodied in (i) any idea, design, concept, technique, invention,
discovery, or improvement, regardless of patentability, but including patents,
patent applications, trade secrets, and know-how;

<PAGE>

(ii)  any work of authorship, regardless of copyrightability, but including
copyrights and any moral rights recognized by law; and (iii) any other similar
rights, in each case on a worldwide basis.

2.7   "License" The authorization EarthWatch gives under this AMENDMENT B and
EULA's for use of the Products. Unless expressly stated otherwise, a license is
for a one time use of the products.

2.8   "Products" Product(s) shall mean those EarthWatch Products stated in the
AGREEMENT.

2.9   "Research Discount" A special price discount of the Products, obtained
through a grant application procedure, for use solely at an accredited research
institute or organization for nonprofit purposes of research or teaching.

2.10  "Site" The organization which ordered the products whether: an individual;
a legally incorporated organization (excluding wholly or partially owned
subsidiaries); foreign corporation; profit and not for profit unincorporated
association; business trust, estate, partnership, trust, or two or more persons
having a joint or common economic interest; or a federal, state or local
governmental agency located within its country of incorporation or residency.
Site does not include any affiliated organization whether or not controlled by
the User or its organization. Use of the Products by agents or contractors is
authorized within the Users country of incorporation or residency.

2.11  "Special Digital Media" Any publication or distribution of Products in the
form of digital data when at least one of the following conditions is met: (i)
such digital data can be read and processed only by electronically and/or
mechanically bound software accompanying the published or distributed Products;
(ii) such digital data can be read and processed only by dedicated special
purpose hardware; or (iii) such digital data is so arranged not to be read or
processed or copied by any average user without reverse engineering or
"hacking".

<PAGE>

2.12  "Suggested Asian Price List" The price list established for the basis of
calculating the discounted transfer price payment from HITACHI to EarthWatch for
the Products.

2.13  "Value-Added Activities." Any alteration of the Product(s) to increase the
value or utility of the Product(s) for a customer.

2.14  "Value Added Products" Products intended for resale which combine or
incorporate EarthWatch imagery or EarthWatch Products with, additional
technology, imagery or image processing sufficient to give such Value-Added
Products benefits or features not available in the original Products.

3.    PRICING STRUCTURE

3.1   Suggested Asian Price List

          In compliance with the Product Pricing provision (Section 2) in
Exhibit A of the ORIGINAL AGREEMENT, prices payable by HITACHI to EarthWatch are
discounted from those set forth on the then current EarthWatch Suggested Asian
Price List for the EarthWatch standard Products produced from EarlyBird or
QuickBird satellite imagery. Other EarthWatch products (non-EarlyBird or non-
QuickBird) or other third-party Products will have separate discount rates
associated with each and will be made available at the time such products are
introduced into the EarthWatch product list. Both parties further agree to
establish or amend the Suggested Asian Price List on an annual basis by mutual
agreement. New prices will apply to all Products ordered after issuance of a new
or revised Suggested Price List. The Suggested Asian Price List current at the
time of this AMENDMENT B is contained in Exhibit A to this AMENDMENT B. The
Suggested Asian Price List is based, in whole or in part, on the EarthWatch U.S.
Price List.

3.2   Special Project Discount

          EarthWatch agrees to consider, on a case-by-case basis, to provide
HITACHI a special discount rate higher than those established in the AGREEMENT
for special projects. HITACHI shall provide information to EarthWatch describing
and documenting the strategic importance of the project and the need for
discounted pricing in order for HITACHI to secure the project contract or order.

<PAGE>

3.3  Academic Discount

          The Academic Discount to be applied will be established by EarthWatch
and is subject to change without notice.

3.4  Research Discount

          EarthWatch agrees to consider, on a case-by-case basis, to provide the
Research Discount to non-profit research organizations or institutes. HITACHI
shall provide information to EarthWatch describing and documenting the strategic
importance of providing this discount to these customers. Requests for the
Research Discount must also be accompanied by a grant application describing the
intended use of the Products and any benefits accruing to HITACHI and EarthWatch
as a result thereof. Details of the Research Discount will be established by
EarthWatch and are subject to change without notice.

3.5  Volume Discount

          Product price is based on the area purchased. This volume discount is
contained in the Suggested Asian List Price, the current version of which is
contained in Exhibit A. The volume discount is applied to the concurrent order
or purchase of a single Product covering a single, contiguous, order area.

3.6  Taxes

          HITACHI shall be solely responsible for all customs duties, sales,
use, excise, value added and other, similar taxes, and all other governmental
fees and charges applicable to EarthWatch's sale of the Products to HITACHI
and/or to the importation and distribution of the Products within the
Distribution Territory defined in Exhibit B of the AGREEMENT and Exhibit B of
AMENDMENT A. This excludes any such taxes, fees or charges imposed by the United
States and any taxes imposed on EarthWatch's net income.

3.7  Income Tax

          Section 4.3 of the AGREEMENT shall be applied to the transfer price
payment from HITACHI to EarthWatch for (i) the Products HITACHI distributes
directly or indirectly to Distribution Territories and/or (ii) the distribution
of Products to Distribution Territories through Japan. Both Parties agree to
discuss and pursue strategies to legitimately minimize the

<PAGE>

applicability of this income tax and HITACHI shall reasonably use its best
efforts to assist EarthWatch in this process.

3.8  Unanticipated Tax

          In the event that either Party's income arising out of this Agreement
is determined to be subject to unanticipated taxes, HITACHI and EarthWatch shall
discuss and pursue strategies to legitimately minimize such liabilities. Both
Parties shall agree to reasonably use their best efforts to assist the other in
this process.

3.9  Communication and Transportation Costs of Products

          The communication and transportation costs associated with the data
transfer and/or transportation of Products from EarthWatch to HITACHI shall be
borne by HITACHI. Both Parties agree to apply the most cost-effective methods
available in this regard.

4.   LICENSING STRUCTURE
4.1  Product License

          The Products, and the Intellectual Property Rights embodied therein,
are licensed for distribution only and not sold. Products will be protected by
international copyright law and licensed for use, as a Single or Multiple-User,
by the End User according to the terms of the then current End User License
Agreement (EULA). The EULA current at the time of this AMENDMENT B is contained
in Exhibit B to this AMENDMENT B.

     HITACHI shall be responsible for ensuring that each Product sold to an end-
user by HITACHI or a HITACHI Dealer is protected by a EULA. The EULA must
contain terms and conditions substantially the same as EarthWatch's then current
EULA. However, HITACHI shall have the right to modify the form and content as
necessary for the conduct of business in HITACHI's Territory. For example,
modifications could consist of native language translation, reference to local
laws and regulations, and medium of delivery (electronic, shrink-wrapped, signed
paper, etc...). The EULA used by HITACHI shall be reviewed by EarthWatch and
mutually agreed upon.

4.2  License Transfer

          HITACHI shall use its best efforts to preserve the rights and confine
the obligations of EarthWatch in accordance with the then current EULA
(Exhibit B), or HITACHI's implementation thereof, and shall require all its End
Users and Dealers to agree to abide by such terms prior to delivering any
Products. Additionally, HITACHI shall also use its best efforts to ensure that
its Dealers require all their End Users to abide by such terms prior to
delivering any Products to the Dealer for transfer of license to an End User.
EarthWatch reserves the right to audit that these actions are carried out by
HITACHI and HITACHI's Dealers. HITACHI's Dealer Agreements shall explicitly
state these terms and conditions and shall also provide for a right to audit by
HITACHI and EarthWatch. The rights that are to be preserved include, but are not
limited to, Intellectual Property Rights that are reserved to EarthWatch. The
obligations that are to be confined include, but are not limited to, the limited
warranty and disclaimer of warranty as specified in Section 6 of the then
current EULA (Exhibit B).

4.3  Single-User License
<PAGE>

          The Product License may be delivered as a single-user license. A
single user license or single user of the Products is defined as a single
individual using the Products at a single time on a single information
processing machine. The scope of the license is detailed in Section 2 of the
then current EULA (Exhibit B).

4.4  Multiple-User License

          The Product License may also be delivered as a multi-user license. The
User is allowed to have at any time as many copies of the specific Products in
use within its Site and by its agents or contractors as the specific license
permits. The specific number of users authorized is identified at time of
purchase. The scope of the license is detailed in Section 2 of the then current
EULA (Exhibit B). Multi-user licenses are limited to a single Site. In this
case, a multiple-user license price uplift, defined as a multiplier or
percentage increase, is applied based on the number of users licensed. This
multiplier will be applied to the Suggested Asian List Price. EarthWatch and
HITACHI will establish the multipliers on a yearly basis by mutual agreement, at
the same time as the establishment of the Suggested Asian List Price. The multi-
user multiplier schedule, current at the time of this AMENDMENT B is contained
in Exhibit C to this AMENDMENT B.

4.5  Public Networks

          When computers, either stand-alone or linked on a private, dedicated
network, are linked by a public network(s), for example the Internet, and
Products are accessed or processed through such public network(s), the following
licensing principles shall apply;

     (1) When the computers linked by such public network(s) belong to a single
End User, either a single-user license is required for each computer or a
multiple-user license is required for the Users linked by the public network(s).
In the latter case, the multiple-user license is still only valid for a given
Site.

     (2)  If any End User distributes or allows access to Products through a
public network(s) to any computer owned by a different User or at a different
Site, such an entity needs to enter into (i) a Dealer or reseller agreement or
(ii) a Value-Added Product License agreement.

4.6  Copy
          The copy or duplication of the Products is governed by Sections 2, 3,
and 4 of the then current EULA (Exhibit B).

4.7  Derivative Works

          The development and use of Derivative Works of the Products by an End
User is governed by Sections 2, 3 and 4 of the then current EULA (Exhibit B). It
is expressly understood that HITACHI, as a Master Distributor, has the right to
develop and resell Derivative Works of the Products outside of the EULA's
restrictions. Derivative Works may consist of the production of standard
EarthWatch Products (for example, the creation of a Level 2 Mosaic from Level 0
Images) or of other Value-Added Products. The resale of Derivative Works is
subject to the licensing and royalty payments described in Section 5.

4.8  Marketing License

          EarthWatch hereby grants to HITACHI a limited right to use the
Products for the purpose of furthering the goals of the AGREEMENT which include
marketing, demonstration, training, and other displays calculated to increase
public awareness of the Products. EarthWatch
<PAGE>

will establish a Marketing Data Program whereby HITACHI can acquire Products at
specially discounted prices, or at no-cost, on a yearly basis. Details of the
Marketing Data Program are subject to change without notice.

5.   VALUE-ADDED PRODUCTS

5.1  Value-Added Activities leading to the production of Value-Added Products by
Hitachi or, its Dealers or the distribution of Value-Added Products by Hitachi
or its Dealers can be the subject of a separate license agreement, price
structure and schedule to be negotiated and agreed to in writing by both Parties
prior to the production or distribution of such products on a case-by-case
basis. EarthWatch retains the right to make the sole determination of what
constitutes Value Added Products.

     Terms, conditions, and pricing of value-added products will be based on, in
whole or in part, on the following criteria:

     (1)  the number of copies to be produced or distributed;

     (2)  the quantity of Products used;

     (3)  the type of use of the Products;

     (4)  the intended delivery mechanism and media;

     (5)  the intended audience;

     (6)  the intended price; and

     (7)  the informational content or potential benefit of use.

     For example:

     (1)  50 copies vs 5,000 copies vs 5,000,000 copies

     (2)  part of one Product vs 3 Products combined vs 300 Products combined

     (3)  simple reclassification vs change detection vs complex analytical
     processing or modeling

     (4)  analog media vs digital view-only Internet access vs special digital
     media vs digital tape or CD-ROM

     (5)  mass media consumer vs unsophisticated end-user vs trained scientist

     (6)  $2 vs $20 vs $200 vs $2,000

     (7)  low, view only vs medium, working product vs high, final product

5.2  Where no particular agreement is made between HITACHI and EarthWatch with
regard to Value-Added Products, which HITACHI or its Dealers produce and sell to
end-users, or if the Products constitute a standard EarthWatch Product, then the
upper limit of the royalty payment (i.e., maximum price) from HITACHI to
EarthWatch is determined as below. In the event that HITACHI or its Dealers
choose to accept the maximum price, then all resale of these Products shall be
documented by HITACHI as to the method of price calculation and the royalty
payment due to EarthWatch.

Where:

S/i/ = the component of EarthWatch Products in terms of the area contained in
the value-added products licensed to end-users;

N/i/ = the number of copies which contain S/i/;

S = the area of the scene EarthWatch actually takes from the satellite; and

P = Suggested Asian Price List in terms of unit area (1 square kilometer).

<PAGE>

Then, the maximum royalty payment from HITACHI to EarthWatch is the greater of
either:
(i) ((sigma)S\i\/S) * P * N\i\;
or
(ii) the price of the imagery scene(s) which EarthWatch takes, and which
includes S\i\.

For example, if the product produced contains 25% of each of 4 image scenes,
each image scene is 1 km/2/, 10 copies are to be sold, and each image scene
costs $4/km/2/, then the maximum royalty payment from HITACHI to EarthWatch
would be:
(.25/1 + .25/1 +.25/1 +.25/1) * 4 * 10 = $40
where:
S\i\ = 25% =.25
S = 1 km/2/
P = $4/km/2/
N\i\ 10

5.3  Non-Commercial Distribution
     (i)  Special Digital Media
          Non-commercial distribution in the form of Special Digital Media is
      free of charge if the original Products are obtained under the highest
      level (i.e., maximum number) of multi-user license by the same entity or
      Site which distributes the Special Digital Media. In all cases,
      distribution must be accompanied by the following restrictive legend on
      each copy of the Special Digital Media:

     "(c)(less than)year of publication(greater than), EarthWatch Incorporated
     and/or its suppliers, Longmont, Colorado, USA. All rights reserved. Any
     reproduction, redistribution, transmission, or publication of the images or
     information contained herein is expressly prohibited. Use herein is subject
     to License that provides notice of EarthWatch copyright and prohibits
     reproduction in any form."

     (ii) Analog Media
          Non-commercial distribution in the form of Analog Media is free of
     charge if the original Products are obtained under the highest pre-defined
     level of multi-user license by the same entity or Site which distributes
     the Analog Media. In all cases, distribution must be accompanied by the
     following restrictive legend on each page and/or copy containing a Product:

     "(c)(less than)year of publication(greater than), EarthWatch Incorporated
     and/or its suppliers, Longmont, Colorado, USA. All rights reserved."

6.   OBLIGATION OF THE PARTIES

     In addition to OBLIGATIONS OF THE PARTIES stated in the ORIGINAL AGREEMENT
and AMENDMENT A, EarthWatch agrees not to accept any orders from customers in
the Territories where HITACHI has exclusive rights to distribute the Products.
EarthWatch can provide such customers general information about EarthWatch, the
Products, and their marketing, however, it shall pass such business
opportunities to HITACHI.

<PAGE>

7.   TERM AND TERMINATION

     This AMENDMENT B shall be entered into in accordance with Section 8
hereunder and shall be effective until the AGREEMENT is terminated and/or
expired.

8.   EXHIBITS

     All exhibits, attachments and schedules referred to in this AMENDMENT B are
attached hereto and incorporated herein by this reference.

9.   AMENDMENT

     No alteration, amendment, waiver, cancellation, or any other change in any
term or condition of this AMENDMENT B shall be valid or binding on either Party
unless made in writing and signed by duly authorized representatives of both
Parties.
<PAGE>

10.  EFFECTIVENESS

          This AMENDMENT B shall be executed on the dates and by the persons
whose names and signatures appear below and shall be effective on the last date
signed.

Signed:

EarthWatch Incorporated           Hitachi, Ltd.

/s/ Regina Morton for             /s/ Takatoshi Kodaira
Name: Doug Gerull                 Name: Takatoshi Kodaira
Title: President                  Title: General Manager, RS/GIS Operation

Date: October 9, 1997             Date: October 9, 1997

<PAGE>

                                   EXHIBIT A
                          Suggested Asian Price List
                                      for
                              Single User License

This Suggested Asian Price List has been calculated as follows:
Suggested Asian Price List = Then Current EarthWatch U.S. Price List * 1.15
<PAGE>

<TABLE>
<CAPTION>
ASIAN EarlyBird Products Price List            Suggested Standard Products List Price Summary               EarthWatch, Incorporated
                                                       Unlimited MULTI USER LICENSE

------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                              Availability  Category 1  Category 2
                     Pricing Basis     Basis                                                                  less than   500-2,999
                                                                                                              500 sq km     sq km
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 6.43      $ 6.43
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit image     EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 4.52      $ 4.09
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 4 mo     $ 8.33      $ 8.33
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 5.57      $ 5.57
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 3.85      $ 3.45
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 7.23      $ 7.23
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2d   IM    EBxs-AN      area          bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 5.14      $ 5.14
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2e   IM    EBxs-EN   unit image       bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 3.45      $ 3.07
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2f   IM    EBxs-PN      area          bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 6.66      $ 6.66
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $10.71      $10.71
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 7.66      $ 7.06
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 5 mo     $13.89      $13.89
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $14.99      $14.99
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $ 9.63      $ 8.90
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 5 mo     $19.44      $19.44
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 8.14      $ 8.14
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 6.21      $ 5.68
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               L + 7 mo     $10.56      $10.56
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 8.57      $ 8.57
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 6.40      $ 5.87
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 7 mo     $11.11      $11.11
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $13.49      $13.49
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $10.09      $ 9.35
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC   EBpxs-PU      area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $17.49      $17.49
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC   EBpxs-AC      area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $17.78      $17.78
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC   EBpxs-IC   unit images    area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $12.06      $11.20
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC   EBpxs-PC      area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $23.05      $23.05
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR   EBpan-A       area        area image    EarthWatch EarlyBird panchromatic                   TBD       $36.41      $36.41
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR   EBpan-I    unit images    area image    EarthWatch EarlyBird panchromatic                   TBD       $30.05      $28.19
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR   EBpan-P       area        area image    EarthWatch EarlyBird panchromatic                   TBD       $47.21      $47.21
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR   EBxs-A        area        area image    EarthWatch EarlyBird multispectral                  TBD       $26.57      $26.57
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR   EBxs-I     unit images    area image    EarthWatch EarlyBird multispectral                  TBD       $22.89      $21.44
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR   EBxs-P        area        area image    EarthWatch EarlyBird multispectral                  TBD       $34.43      $34.43
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR   EBpxs-A       area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $39.21      $39.21
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR   EBpxs-I    unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $32.48      $30.50
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR   EBpxs-P       area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $50.82      $50.82
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                               Category 3   Category 4  Category 5
                    Pricing Basis     Basis                                                     3,000-19,999   20,000-     greater
                                                                                                   sq km        99,999       than
                                                                                                                 sq km     100,000
                                                                                                                            sq km
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
------------------------------------------------------------------------------------------------------------------------------------
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 5.26       $ 4.86      $ 4.45
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit image     EarthWatch EarlyBird panchromatic satellite      $ 3.90       $ 3.71      $ 3.52
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 7.23       $ 6.66      $ 6.11
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             $ 4.45       $ 4.05      $ 3.64
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             $ 3.26       $ 3.07      $ 2.90
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             $ 6.11       $ 5.55      $ 5.00
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2d   IM    EBxs-AN      area          bands       EarthWatch EarlyBird band non-registered         $ 4.05       $ 3.64      $ 3.24
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2e   IM    EBxs-EN   unit image       bands       EarthWatch EarlyBird band non-registered         $ 2.90       $ 2.71      $ 2.52
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2f   IM    EBxs-PN      area          bands       EarthWatch EarlyBird band non-registered         $ 5.55       $ 5.00      $ 4.45
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 9.32       $ 8.90      $ 8.50
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 6.67       $ 6.68      $ 6.49
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $12.78       $12.21      $11.66
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     $13.35       $12.95      $12.54
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     $ 8.71       $ 8.54      $ 8.35
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     $18.34       $17.77      $17.22
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               $ 6.88       $ 6.47      $ 6.07
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               $ 5.49       $ 5.31      $ 5.12
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               $ 9.44       $ 8.88      $ 8.33
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 7.28       $ 6.88      $ 6.47
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    $ 5.68       $ 5.49      $ 5.31
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    $10.01       $ 9.44      $ 8.88
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened               $11.94       $11.54      $11.13
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened               $ 9.16       $ 8.97      $ 8.80
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC   EBpxs-PU      area        area image    EarthWatch EarlyBird pan-sharpened               $16.39       $15.84      $15.28
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC   EBpxs-AC      area        area image    EarthWatch EarlyBird pan-sharpened controlled    $15.99       $15.58      $15.18
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC   EBpxs-IC   unit images    area image    EarthWatch EarlyBird pan-sharpened controlled    $11.02       $10.83      $10.64
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC   EBpxs-PC      area        area image    EarthWatch EarlyBird pan-sharpened controlled    $21.94       $21.39      $20.84
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR   EBpan-A       area        area image    EarthWatch EarlyBird panchromatic                $33.59       $33.19      $32.78
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR   EBpan-I    unit images    area image    EarthWatch EarlyBird panchromatic                $28.01       $27.82      $27.63
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR   EBpan-P       area        area image    EarthWatch EarlyBird panchromatic                $46.11       $45.54      $44.99
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR   EBxs-A        area        area image    EarthWatch EarlyBird multispectral               $24.29       $23.87      $23.48
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR   EBxs-I     unit images    area image    EarthWatch EarlyBird multispectral               $21.25       $21.06      $20.89
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR   EBxs-P        area        area image    EarthWatch EarlyBird multispectral               $33.33       $32.78      $32.22
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR   EBpxs-A       area        area image    EarthWatch EarlyBird pan-sharpened               $36.23       $35.81      $35.41
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR   EBpxs-I    unit images    area image    EarthWatch EarlyBird pan-sharpened               $30.31       $30.12      $29.93
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR   EBpxs-P       area        area image    EarthWatch EarlyBird pan-sharpened               $49.71       $49.16      $48.61
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

NOTE: For product availability, L=EarlyBird Launch. L+1 product availability is
      dependent on satellite calibration activity timelines. All imagery-based
      products delivered with Image Support Data Format information.
<PAGE>

<TABLE>
<CAPTION>
ASIAN EarlyBird Products Price List            Suggested Standard Products List Price Summary               EarthWatch, Incorporated
                                                            SINGLE USER LICENSE

------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                              Availability  Category 1  Category 2
                     Pricing Basis     Basis                                                                  ----------------------
                                                                                                              less than   500-2,999
                                                                                                              500 sq km     sq km
------------------------------------------------------------------------------------------------------------------------------------
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 4.29      $ 4.29
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit images    EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 3.01      $ 2.73
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 4 mo     $ 5.55      $ 5.55
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 3.71      $ 3.71
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 2.56      $ 2.30
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 4.82      $ 4.82
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2d   IM    EBxs-AN      area      unit images x3  EarthWatch EarlyBird band non-registered         L + 4 mo     $ 3.43      $ 3.43
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2e   IM    EBxs-EN   unit image   unit images x3  EarthWatch EarlyBird band non-registered         L + 4 mo     $ 2.30      $ 2.05
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2f   IM    EBxs-PN      area      unit images x3  EarthWatch EarlyBird band non-registered         L + 4 mo     $ 4.44      $ 4.44
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 7.14      $ 7.14
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 5.11      $ 4.70
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 5 mo     $ 9.26      $ 9.26
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $ 9.99      $ 9.99
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $ 6.42      $ 5.93
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 5 mo     $12.96      $12.96
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 5.43      $ 5.43
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 4.14      $ 3.78
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               L + 7 mo     $ 7.04      $ 7.04
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 5.72      $ 5.72
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 4.27      $ 3.91
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 7 mo     $ 7.41      $ 7.41
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $ 8.99      $ 8.99
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $ 6.73      $ 6.23
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC    EBpxs-PU     area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $11.66      $11.66
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC    EBpxs-AC     area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $11.86      $11.86
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC    EBpxs-IC  unit images    area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $ 8.04      $ 7.46
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC    EBpxs-PC     area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $15.36      $15.36
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR    EBpan-A      area        area image    EarthWatch EarlyBird panchromatic                   TBD       $24.28      $24.28
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR    EBpan-I   unit images    area image    EarthWatch EarlyBird panchromatic                   TBD       $20.03      $18.79
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR    EBpan-P      area        area image    EarthWatch EarlyBird panchromatic                   TBD       $31.48      $31.48
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR    EBxs-A       area        area image    EarthWatch EarlyBird multispectral                  TBD       $17.71      $17.71
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR    EBxs-I    unit images    area image    EarthWatch EarlyBird multispectral                  TBD       $15.26      $14.29
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR    EBxs-P       area        area image    EarthWatch EarlyBird multispectral                  TBD       $22.95      $22.95
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR    EBpxs-A      area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $26.14      $26.14
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR    EBpxs-I   unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $21.65      $20.33
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR    EBpxs-P      area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $33.88      $33.88
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                               Category 3   Category 4  Category 5
                    Pricing Basis     Basis                                                     ------------------------------------
                                                                                                3,000-19,999   20,000-     greater
                                                                                                   sq km        99,999       than
                                                                                                                 sq km     100,000
                                                                                                                            sq km
------------------------------------------------------------------------------------------------------------------------------------
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 3.51       $ 3.24      $ 2.97
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit images    EarthWatch EarlyBird panchromatic satellite      $ 2.60       $ 2.47      $ 2.35
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 4.82       $ 4.44      $ 4.07
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             $ 2.97       $ 2.70      $ 2.43
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             $ 2.17       $ 2.05      $ 1.93
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             $ 4.07       $ 3.70      $ 3.34
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2d   IM    EBxs-AN      area      unit images x3  EarthWatch EarlyBird band non-registered         $ 2.70       $ 2.43      $ 2.16
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2e   IM    EBxs-EN   unit image   unit images x3  EarthWatch EarlyBird band non-registered         $ 1.93       $ 1.81      $ 1.68
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2f   IM    EBxs-PN      area      unit images x3  EarthWatch EarlyBird band non-registered         $ 3.70       $ 3.34      $ 2.97
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 6.21       $ 5.93      $ 5.67
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 4.58       $ 4.45      $ 4.32
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 8.52       $ 8.14      $ 7.77
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     $ 8.90       $ 8.64      $ 8.36
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     $ 5.81       $ 5.69      $ 5.57
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     $12.22       $11.85      $11.48
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               $ 4.59       $ 4.31      $ 4.05
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               $ 3.66       $ 3.54      $ 3.42
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               $ 6.29       $ 5.92      $ 5.55
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 4.85       $ 4.59      $ 4.31
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    $ 3.78       $ 3.66      $ 3.54
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 6.67       $ 6.29      $ 5.92
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened               $ 7.96       $ 7.69      $ 7.42
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened               $ 6.11       $ 5.98      $ 5.87
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
-----------------------------------------------------------------------------------------------------------------------------------
5c   MC    EBpxs-PU     area        area image    EarthWatch EarlyBird pan-sharpened               $10.93       $10.56      $10.19
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC    EBpxs-AC     area        area image    EarthWatch EarlyBird pan-sharpened controlled    $10.66       $10.38      $10.12
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC    EBpxs-IC  unit images    area image    EarthWatch EarlyBird pan-sharpened controlled    $ 7.35       $ 7.22      $ 7.10
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC    EBpxs-PC     area        area image    EarthWatch EarlyBird pan-sharpened controlled    $14.63       $14.26      $13.89
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR    EBpan-A      area        area image    EarthWatch EarlyBird panchromatic                $22.39       $22.13      $21.85
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR    EBpan-I   unit images    area image    EarthWatch EarlyBird panchromatic                $18.68       $18.55      $18.42
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR    EBpan-P      area        area image    EarthWatch EarlyBird panchromatic                $30.74       $30.36      $29.99
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR    EBxs-A       area        area image    EarthWatch EarlyBird multispectral               $16.19       $15.92      $15.65
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR    EBxs-I    unit images    area image    EarthWatch EarlyBird multispectral               $14.17       $14.04      $13.93
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR    EBxs-P       area        area image    EarthWatch EarlyBird multispectral               $22.22       $21.85      $21.48
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR    EBpxs-A      area        area image    EarthWatch EarlyBird pan-sharpened               $24.15       $23.87      $23.61
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR    EBpxs-I   unit images    area image    EarthWatch EarlyBird pan-sharpened               $20.21       $20.08      $19.95
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR    EBpxs-P      area        area image    EarthWatch EarlyBird pan-sharpened               $33.14       $32.78      $32.41
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

NOTE: For product availability, L=EarlyBird Launch. L+1 product availability is
      dependent on satellite calibration activity timelines. All imagery-based
      products delivered with Image Support Data Format information.
<PAGE>

<TABLE>
<CAPTION>
ASIAN EarlyBird Products Price List            Suggested Standard Products List Price Summary               EarthWatch, Incorporated
                                                          2-10 MULTI USER LICENSE

------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                              Availability  Category 1  Category 2
                     Pricing Basis     Basis                                                                  ----------------------
                                                                                                              less than   500-2,999
                                                                                                              500 sq km     sq km
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 4.72      $ 4.72
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit image     EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 3.31      $ 3.00
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 4 mo     $ 6.11      $ 6.11
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 4.09      $ 4.09
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 2.82      $ 2.53
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 5.30      $ 5.30
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2d   IM    EBxs-AN      area          bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 3.77      $ 3.77
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2e   IM    EBxs-EN   unit image       bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 2.53      $ 2.25
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2f   IM    EBxs-PN      area          bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 4.88      $ 4.88
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 7.86      $ 7.86
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 5.62      $ 5.17
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 5 mo     $10.18      $10.18
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $10.99      $10.99
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $ 7.06      $ 6.53
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 5 mo     $14.26      $14.26
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 5.97      $ 5.97
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 4.55      $ 4.16
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               L + 7 mo     $ 7.74      $ 7.74
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 6.29      $ 6.29
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 4.69      $ 4.30
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 7 mo     $ 8.15      $ 8.15
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $ 9.89      $ 9.89
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $ 7.40      $ 6.86
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC   EBpxs-PU      area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $12.83      $12.83
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC   EBpxs-AC      area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $13.04      $13.04
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC   EBpxs-IC   unit images    area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $ 8.84      $ 8.21
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC   EBpxs-PC      area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $16.90      $16.90
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR   EBpan-A       area        area image    EarthWatch EarlyBird panchromatic                   TBD       $26.70      $26.70
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR   EBpan-I    unit images    area image    EarthWatch EarlyBird panchromatic                   TBD       $22.04      $20.67
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR   EBpan-P       area        area image    EarthWatch EarlyBird panchromatic                   TBD       $34.62      $34.62
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR   EBxs-A        area        area image    EarthWatch EarlyBird multispectral                  TBD       $19.48      $19.48
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR   EBxs-I     unit images    area image    EarthWatch EarlyBird multispectral                  TBD       $16.79      $15.72
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR   EBxs-P        area        area image    EarthWatch EarlyBird multispectral                  TBD       $25.25      $25.25
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR   EBpxs-A       area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $28.75      $28.75
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR   EBpxs-I    unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $23.82      $22.37
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR   EBpxs-P       area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $37.27      $37.27
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                               Category 3   Category 4  Category 5
                    Pricing Basis     Basis                                                     ------------------------------------
                                                                                                3,000-19,999   20,000-     greater
                                                                                                   sq km        99,999       than
                                                                                                                 sq km     100,000
                                                                                                                            sq km
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
------------------------------------------------------------------------------------------------------------------------------------
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 3.86       $ 3.57      $ 3.26
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit image     EarthWatch EarlyBird panchromatic satellite      $ 2.86       $ 2.72      $ 2.58
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 5.30       $ 4.88      $ 4.48
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             $ 3.26       $ 2.97      $ 2.67
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             $ 2.39       $ 2.25      $ 2.13
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             $ 4.48       $ 4.07      $ 3.67
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2d   IM    EBxs-AN      area          bands       EarthWatch EarlyBird band non-registered         $ 2.97       $ 2.67      $ 2.38
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2e   IM    EBxs-EN   unit image       bands       EarthWatch EarlyBird band non-registered         $ 2.13       $ 1.99      $ 1.85
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2f   IM    EBxs-PN      area          bands       EarthWatch EarlyBird band non-registered         $ 4.07       $ 3.67      $ 3.26
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 6.83       $ 6.53      $ 6.24
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 5.03       $ 4.90      $ 4.76
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 9.37       $ 8.96      $ 8.55
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     $ 9.79       $ 9.50      $ 9.20
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     $ 6.39       $ 6.26      $ 6.12
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     $13.45       $13.03      $12.62
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               $ 5.05       $ 4.74      $ 4.45
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               $ 4.02       $ 3.90      $ 3.76
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               $ 6.92       $ 6.51      $ 6.11
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 5.34       $ 5.05      $ 4.74
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    $ 4.16       $ 4.02      $ 3.90
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 7.34       $ 6.92      $ 6.51
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened               $ 8.75       $ 8.46      $ 8.16
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened               $ 6.72       $ 6.58      $ 6.45
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC   EBpxs-PU      area        area image    EarthWatch EarlyBird pan-sharpened               $12.02       $11.61      $11.21
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC   EBpxs-AC      area        area image    EarthWatch EarlyBird pan-sharpened controlled    $11.73       $11.42      $11.13
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC   EBpxs-IC   unit images    area image    EarthWatch EarlyBird pan-sharpened controlled    $ 8.08       $ 7.94      $ 7.81
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC   EBpxs-PC      area        area image    EarthWatch EarlyBird pan-sharpened controlled    $16.09       $15.69      $15.28
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR   EBpan-A       area        area image    EarthWatch EarlyBird panchromatic                $24.63       $24.34      $24.04
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR   EBpan-I    unit images    area image    EarthWatch EarlyBird panchromatic                $20.54       $20.40      $20.27
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR   EBpan-P       area        area image    EarthWatch EarlyBird panchromatic                $33.81       $33.40      $32.99
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR   EBxs-A        area        area image    EarthWatch EarlyBird multispectral               $17.81       $17.51      $17.22
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR   EBxs-I     unit images    area image    EarthWatch EarlyBird multispectral               $15.58       $15.45      $15.32
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR   EBxs-P        area        area image    EarthWatch EarlyBird multispectral               $24.44       $24.04      $23.63
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR   EBpxs-A       area        area image    EarthWatch EarlyBird pan-sharpened               $26.57       $26.26      $25.97
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR   EBpxs-I    unit images    area image    EarthWatch EarlyBird pan-sharpened               $22.23       $22.09      $21.95
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR   EBpxs-P       area        area image    EarthWatch EarlyBird pan-sharpened               $36.46       $36.05      $35.65
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

NOTE: For product availability, L=EarlyBird Launch. L+1 product availability is
      dependent on satellite calibration activity timelines. All imagery-based
      products delivered with Image Support Data Format information.

<PAGE>

<TABLE>
<CAPTION>
ASIAN EarlyBird Products Price List            Suggested Standard Products List Price Summary               EarthWatch, Incorporated
                                                        11-100 MULTI USER LICENSE

------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                              Availability  Category 1  Category 2
                     Pricing Basis     Basis                                                                  ----------------------
                                                                                                              less than   500-2,999
                                                                                                              500 sq km     sq km
------------------------------------------------------------------------------------------------------------------------------------
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 5.15      $ 5.15
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit image     EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 3.62      $ 3.27
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 4 mo     $ 6.67      $ 6.67
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 4.46      $ 4.46
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 3.08      $ 2.76
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 5.78      $ 5.78
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2d   IM    EBxs-AN      area      unit images x3  EarthWatch EarlyBird band non-registered         L + 4 mo     $ 4.11      $ 4.11
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2e   IM    EBxs-EN   unit image   unit images x3  EarthWatch EarlyBird band non-registered         L + 4 mo     $ 2.76      $ 2.46
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2f   IM    EBxs-PN      area      unit images x3  EarthWatch EarlyBird band non-registered         L + 4 mo     $ 5.33      $ 5.33
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 8.57      $ 8.57
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 6.13      $ 5.64
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 5 mo     $11.11      $11.11
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $11.99      $11.99
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $ 7.70      $ 7.12
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 5 mo     $15.55      $15.55
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 6.51      $ 6.51
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 4.97      $ 4.54
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               L + 7 mo     $ 8.45      $ 8.45
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 6.86      $ 6.86
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 5.12      $ 4.69
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 7 mo     $ 8.89      $ 8.89
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $10.79      $10.79
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $ 8.07      $ 7.48
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC    EBpxs-PU     area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $13.99      $13.99
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC    EBpxs-AC     area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $14.23      $14.23
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC    EBpxs-IC  unit images    area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $ 9.65      $ 8.96
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC    EBpxs-PC     area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $18.44      $18.44
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR    EBpan-A      area        area image    EarthWatch EarlyBird panchromatic                   TBD       $29.13      $29.13
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR    EBpan-I   unit images    area image    EarthWatch EarlyBird panchromatic                   TBD       $24.04      $22.55
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR    EBpan-P      area        area image    EarthWatch EarlyBird panchromatic                   TBD       $37.77      $37.77
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR    EBxs-A       area        area image    EarthWatch EarlyBird multispectral                  TBD       $21.25      $21.25
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR    EBxs-I    unit images    area image    EarthWatch EarlyBird multispectral                  TBD       $18.31      $17.15
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR    EBxs-P       area        area image    EarthWatch EarlyBird multispectral                  TBD       $27.54      $27.54
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR    EBpxs-A      area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $31.37      $31.37
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR    EBpxs-I   unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $25.99      $24.40
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR    EBpxs-P      area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $40.65      $40.65
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                               Category 3   Category 4  Category 5
                    Pricing Basis     Basis                                                     ------------------------------------
                                                                                                3,000-19,999   20,000-     greater
                                                                                                   sq km        99,999       than
                                                                                                                 sq km     100,000
                                                                                                                            sq km
------------------------------------------------------------------------------------------------------------------------------------
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 4.21       $ 3.89      $ 3.56
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit image     EarthWatch EarlyBird panchromatic satellite      $ 3.12       $ 2.97      $ 2.82
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 5.78       $ 5.33      $ 4.89
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             $ 3.56       $ 3.24      $ 2.91
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             $ 2.61       $ 2.46      $ 2.32
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             $ 4.89       $ 4.44      $ 4.00
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2d   IM    EBxs-AN      area      unit images x3  EarthWatch EarlyBird band non-registered         $ 3.24       $ 2.91      $ 2.59
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2e   IM    EBxs-EN   unit image   unit images x3  EarthWatch EarlyBird band non-registered         $ 2.32       $ 2.17      $ 2.01
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2f   IM    EBxs-PN      area      unit images x3  EarthWatch EarlyBird band non-registered         $ 4.44       $ 4.00      $ 3.56
                                      bands       multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 7.45       $ 7.12      $ 6.80
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 5.49       $ 5.34      $ 5.19
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $10.23       $ 9.77      $ 9.33
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     $10.68       $10.36      $10.03
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     $ 6.97       $ 6.83      $ 6.68
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     $14.67       $14.21      $13.77
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               $ 5.51       $ 5.18      $ 4.86
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               $ 4.39       $ 4.25      $ 4.10
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               $ 7.55       $ 7.11      $ 6.67
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 5.82       $ 5.51      $ 5.18
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    $ 4.54       $ 4.39      $ 4.25
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 8.00       $ 7.55      $ 7.11
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened               $ 9.55       $ 9.23      $ 8.90
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened               $ 7.33       $ 7.18      $ 7.04
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC    EBpxs-PU     area        area image    EarthWatch EarlyBird pan-sharpened               $13.11       $12.67      $12.23
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC    EBpxs-AC     area        area image    EarthWatch EarlyBird pan-sharpened controlled    $12.79       $12.46      $12.14
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC    EBpxs-IC  unit images    area image    EarthWatch EarlyBird pan-sharpened controlled    $ 8.82       $ 8.67      $ 8.51
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC    EBpxs-PC     area        area image    EarthWatch EarlyBird pan-sharpened controlled    $17.55       $17.11      $16.67
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR    EBpan-A      area        area image    EarthWatch EarlyBird panchromatic                $26.87       $26.55      $26.22
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR    EBpan-I   unit images    area image    EarthWatch EarlyBird panchromatic                $22.41       $22.26      $22.11
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR    EBpan-P      area        area image    EarthWatch EarlyBird panchromatic                $36.89       $36.43      $35.99
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR    EBxs-A       area        area image    EarthWatch EarlyBird multispectral               $19.43       $19.10      $18.78
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR    EBxs-I    unit images    area image    EarthWatch EarlyBird multispectral               $17.00       $16.85      $16.71
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR    EBxs-P       area        area image    EarthWatch EarlyBird multispectral               $26.66       $26.22      $25.78
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR    EBpxs-A      area        area image    EarthWatch EarlyBird pan-sharpened               $28.98       $28.65      $28.33
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR    EBpxs-I   unit images    area image    EarthWatch EarlyBird pan-sharpened               $24.25       $24.09      $23.94
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR    EBpxs-P      area        area image    EarthWatch EarlyBird pan-sharpened               $39.77       $39.33      $38.89
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

NOTE: For product availability, L=EarlyBird Launch. L+1 product availability is
      dependent on satellite calibration activity timelines. All imagery-based
      products delivered with Image Support Data Format information.
<PAGE>

<TABLE>
<CAPTION>
ASIAN EarlyBird Products Price List            Suggested Standard Products List Price Summary               EarthWatch, Incorporated
                                                        101-250 MULTI USER LICENSE

------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                              Availability  Category 1  Category 2
                     Pricing Basis     Basis                                                                  less than   500-2,999
                                                                                                              500 sq km     sq km
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 5.79      $ 5.79
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit image     EarthWatch EarlyBird panchromatic satellite      L + 1 mo     $ 4.07      $ 3.68
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      L + 4 mo     $ 7.50      $ 7.50
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 5.01      $ 5.01
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 3.46      $ 3.11
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             L + 4 mo     $ 6.50      $ 6.50
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2d   IM    EBxs-AN      area          bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 4.63      $ 4.63
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2e   IM    EBxs-EN   unit image       bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 3.11      $ 2.76
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2f   IM    EBxs-PN      area          bands       EarthWatch EarlyBird band non-registered         L + 4 mo     $ 5.99      $ 5.99
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 9.64      $ 9.64
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 2 mo     $ 6.89      $ 6.35
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   L + 5 mo     $12.50      $12.50
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $13.49      $13.49
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     L + 2 mo     $ 8.66      $ 8.01
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     L + 5 mo     $17.50      $17.50
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 7.33      $ 7.33
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               L + 4 mo     $ 5.59      $ 5.11
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               L + 7 mo     $ 9.50      $ 9.50
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 7.72      $ 7.72
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    L + 4 mo     $ 5.76      $ 5.28
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    L + 7 mo     $10.00      $10.00
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $12.14      $12.14
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $ 9.08      $ 8.41
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC   EBpxs-PU      area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $15.74      $15.74
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC   EBpxs-AC      area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $16.01      $16.01
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC   EBpxs-IC   unit images    area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $10.85      $10.08
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC   EBpxs-PC      area        area image    EarthWatch EarlyBird pan-sharpened controlled       TBD       $20.74      $20.74
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR   EBpan-A       area        area image    EarthWatch EarlyBird panchromatic                   TBD       $32.77      $32.77
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR   EBpan-I    unit images    area image    EarthWatch EarlyBird panchromatic                   TBD       $27.04      $25.37
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR   EBpan-P       area        area image    EarthWatch EarlyBird panchromatic                   TBD       $42.49      $42.49
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR   EBxs-A        area        area image    EarthWatch EarlyBird multispectral                  TBD       $23.91      $23.91
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR   EBxs-I     unit images    area image    EarthWatch EarlyBird multispectral                  TBD       $20.60      $19.30
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR   EBxs-P        area        area image    EarthWatch EarlyBird multispectral                  TBD       $30.99      $30.99
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR   EBpxs-A       area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $35.29      $35.29
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR   EBpxs-I    unit images    area image    EarthWatch EarlyBird pan-sharpened                  TBD       $29.23      $27.45
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR   EBpxs-P       area        area image    EarthWatch EarlyBird pan-sharpened                  TBD       $45.74      $45.74
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Item Class Group     Ordering &   Unit Delivery   Full Description                               Category 3   Category 4  Category 5
                    Pricing Basis     Basis                                                     3,000-19,999   20,000-     greater
                                                                                                   sq km        99,999       than
                                                                                                                 sq km     100,000
                                                                                                                            sq km
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>   <C>      <C>           <C>             <C>                                           <C>           <C>         <C>
------------------------------------------------------------------------------------------------------------------------------------
Active Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
1a   IM    EBpan-A      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 4.74       $ 4.38      $ 4.01
                                                  imagery, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
1b   IM    EBpan-E   unit image    unit image     EarthWatch EarlyBird panchromatic satellite      $ 3.51       $ 3.34      $ 3.17
                                                  imagery, 3 meter resolution, existing in the
                                                  archive
------------------------------------------------------------------------------------------------------------------------------------
1c   IM    EBpan-P      area       unit images    EarthWatch EarlyBird panchromatic satellite      $ 6.50       $ 5.99      $ 5.50
                                                  imagery, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
2a   IM    EBxs-AR      area       unit images    EarthWatch EarlyBird band-registered             $ 4.01       $ 3.65      $ 3.28
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
2b   IM    EBxs-ER   unit image    unit images    EarthWatch EarlyBird band-registered             $ 2.93       $ 2.76      $ 2.61
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
2c   IM    EBxs-PR      area       unit images    EarthWatch EarlyBird band-registered             $ 5.50       $ 5.00      $ 4.50
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2d   IM    EBxs-AN      area          bands       EarthWatch EarlyBird band non-registered         $ 3.65       $ 3.28      $ 2.92
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2e   IM    EBxs-EN   unit image       bands       EarthWatch EarlyBird band non-registered         $ 2.61       $ 2.44      $ 2.27
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
                                  unit images x3
2f   IM    EBxs-PN      area          bands       EarthWatch EarlyBird band non-registered         $ 5.00       $ 4.50      $ 4.01
                                                  multispectral satellite imagery, 15 meter
                                                  resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
Pending (non-active) Standard EarthWatch EarlyBird Products
------------------------------------------------------------------------------------------------------------------------------------
3a   MC    EBpan-AU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 8.38       $ 8.01      $ 7.65
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3b   MC    EBpan-IU  unit images    area image    EarthWatch EarlyBird panchromatic uncontrolled   $ 6.18       $ 6.01      $ 5.84
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3c   MC    EBpan-PU     area        area image    EarthWatch EarlyBird panchromatic uncontrolled   $11.50       $10.99      $10.49
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
3d   MC    EBpan-AC     area        area image    EarthWatch EarlyBird panchromatic controlled     $12.02       $11.66      $11.29
                                                  mosaic, 3 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
3e   MC    EBpan-IC  unit images    area image    EarthWatch EarlyBird panchromatic controlled     $ 7.84       $ 7.68      $ 7.51
                                                  mosaic, 3 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
3f   MC    EBpan-PC     area        area image    EarthWatch EarlyBird panchromatic controlled     $16.50       $15.99      $15.49
                                                  mosaic, 3 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4a   MC    EBxs-AU      area        area image    EarthWatch EarlyBird multispectral               $ 6.19       $ 5.82      $ 5.46
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
4b   MC    EBxs-IU   unit images    area image    EarthWatch EarlyBird multispectral               $ 4.94       $ 4.78      $ 4.61
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4c   MC    EBxs-PU      area        area image    EarthWatch EarlyBird multispectral               $ 8.49       $ 8.00      $ 7.50
                                                  uncontrolled mosaic, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
4d   MC    EBxs-AC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 6.55       $ 6.19      $ 5.82
                                                  mosaic, 15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
4e   MC    EBxs-IC   unit images    area image    EarthWatch EarlyBird multispectral controlled    $ 5.11       $ 4.94      $ 4.78
                                                  mosaic, 15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
4f   MC    EBxs-PC      area        area image    EarthWatch EarlyBird multispectral controlled    $ 9.00       $ 8.49      $ 8.00
                                                  mosaic, 15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5a   MC    EBpxs-AU     area        area image    EarthWatch EarlyBird pan-sharpened               $10.74       $10.39      $10.01
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
5b   MC    EBpxs-IU  unit images    area image    EarthWatch EarlyBird pan-sharpened               $ 8.24       $ 8.07      $ 7.92
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5c   MC   EBpxs-PU      area        area image    EarthWatch EarlyBird pan-sharpened               $14.75       $14.25      $13.76
                                                  uncontrolled mosaic, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
5d   MC   EBpxs-AC      area        area image    EarthWatch EarlyBird pan-sharpened controlled    $14.39       $14.02      $13.66
                                                  mosaic, 3-15 meter resolution, as-available
                                                  tasked
------------------------------------------------------------------------------------------------------------------------------------
5e   MC   EBpxs-IC   unit images    area image    EarthWatch EarlyBird pan-sharpened controlled    $ 9.92       $ 9.75      $ 9.58
                                                  mosaic, 3-15 meter resolution, unit images
                                                  existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
5f   MC   EBpxs-PC      area        area image    EarthWatch EarlyBird pan-sharpened controlled    $19.75       $19.25      $18.75
                                                  mosaic, 3-15 meter resolution, priority tasked
------------------------------------------------------------------------------------------------------------------------------------
6a   OR   EBpan-A       area        area image    EarthWatch EarlyBird panchromatic                $30.23       $29.87      $29.50
                                                  orthorectified imagery, 3 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
6b   OR   EBpan-I    unit images    area image    EarthWatch EarlyBird panchromatic                $25.21       $25.04      $24.87
                                                  orthorectified imagery, 3 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
6c   OR   EBpan-P       area        area image    EarthWatch EarlyBird panchromatic                $41.50       $40.99      $40.49
                                                  orthorectified imagery, 3 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
7a   OR   EBxs-A        area        area image    EarthWatch EarlyBird multispectral               $21.86       $21.49      $21.13
                                                  orthorectified imagery, 15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
7b   OR   EBxs-I     unit images    area image    EarthWatch EarlyBird multispectral               $19.13       $18.96      $18.80
                                                  orthorectified imagery, 15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
7c   OR   EBxs-P        area        area image    EarthWatch EarlyBird multispectral               $29.99       $29.50      $29.00
                                                  orthorectified imagery, 15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
8a   OR   EBpxs-A       area        area image    EarthWatch EarlyBird pan-sharpened               $32.60       $32.23      $31.87
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  as-available tasked
------------------------------------------------------------------------------------------------------------------------------------
8b   OR   EBpxs-I    unit images    area image    EarthWatch EarlyBird pan-sharpened               $27.28       $27.11      $26.94
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  unit images existing in the archive
------------------------------------------------------------------------------------------------------------------------------------
8c   OR   EBpxs-P       area        area image    EarthWatch EarlyBird pan-sharpened               $44.74       $44.25      $43.75
                                                  orthorectified imagery, 3-15 meter resolution,
                                                  priority tasked
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

NOTE: For product availability, L=EarlyBird Launch. L+1 product availability is
      dependent on satellite calibration activity timelines. All imagery-based
      products delivered with Image Support Data Format information.
<PAGE>

                                   EXHIBIT B
                          End User License Agreement
<PAGE>

                                   EXHIBIT B
                           End User License Agreement

I.    Introduction.  This is an End User License Agreement ("EULA") between
      EarthWatch Incorporated, a Delaware Corporation ("EarthWatch") and You,
      the purchaser of this license. EarthWatch shall provide You with software,
      data products or documentation (collectively, the "Products"). The
      Products include both EarthWatch data and data products, and data and data
      products of third parties licensed to EarthWatch for distribution. This
      EULA governs Your rights and obligations with respect to all Products
      provided by EarthWatch.

II.   Scope of License.  EarthWatch grants You a limited, non-transferable, non-
      exclusive license to use the Products and to develop Derivative Works
      licensed, solely for internal use in Your business by Your employees,
      agents or contractors. A single use license or single user of the Products
      is defined as a single individual using the Products at a single time on a
      single information processing machine. You are allowed to have at any time
      as many copies of the specific Products in use within your site and by
      your agent or contractors as the specific license permits. The specific
      number of users authorized is identified at time of purchase. For the
      purposes of this EULA, your site is only the organization which ordered
      the products whether you are: an individual; a legally incorporated
      organization (excluding wholly or partially owned subsidiaries); foreign
      corporation; profit and not for profit unincorporated association;
      business trust, estate, partnership, trust, or two or more persons having
      a joint or common economic interest; or a federal, state or local
      governmental agency located within your country of incorporation or
      residency. Site does not include any affiliated organization whether or
      not controlled by yourself or your organization. Use of the Products by
      your agent or contractors is authorized within your country of
      incorporation or residency.

III.  Derivative Works. For purposes of this EULA, authorized Derivative Works
      include works that are based upon Products, such as a revision,
      modification, translation, abridgment, condensation, expansion, or any
      other form in which such preexisting works may be recast, transformed, or
      adapted, and that, if prepared without authorization of the owner of the
      copyright in such preexisting work, would constitute a copyright
      infringement. If the Products or Derivative Works are used in connection
      with the performance of any government contracts or subcontracts, then You
      shall ensure that (i) the Products and any Derivative Works thereof shall
      not constitute a deliverable under any government contracts or
      subcontracts; and (ii) in no event shall a government entity acquire any
      rights other than those provided in section 6. You may not copy a Product
      licensed hereunder, except that You may copy data contained in a Product
      in machine readable form into a single information processing machine for
      processing for your internal use only. This EULA is not a license to copy,
      disclose, publish, sell, assign, lease, sublicense, market or transfer the
      Products, or any Derivative Work or to use the same in any manner or for
      any purpose not expressly authorized by this EULA. EarthWatch reserves all
      rights not expressly granted by this EULA.

IV.   Protection of EarthWatch's Intellectual Property.  You acknowledges that
      the Products and the data contained within the Products are proprietary to
      EarthWatch or its suppliers, and both the Products and the data contained
      in the Products remain the exclusive property of EarthWatch or its
      suppliers. The Products are copyrighted by EarthWatch or its suppliers,
      and unauthorized reproduction, distribution, or display of the Products or
      preparation of any Derivative Work of the Products in any manner not
      expressly authorized by paragraphs 2 and 3 above is prohibited. You may be
      held legally responsible for any copyright infringement that is caused or
      encouraged by Your failure to abide by the terms of this EULA. You shall
      take all other feasible steps to protect the Products from
      misappropriation or misuse, unauthorized duplication or distribution and
      shall notify EarthWatch immediately if You learn of any use of the
      Products by anyone in any manner not expressly authorized by this EULA.

V.    Protection of EarthWatch's Trade Secrets.  You acknowledges that the
      Products and the data contained in the Products are or contain trade
      secrets of EarthWatch or its suppliers and You agree to take reasonable
      measures to protect the trade secret status of the data and the Products.
      For purpose of any public disclosure provision under any federal, state or
      local law, it is agreed that the Products are trade secrets and
      proprietary commercial products and not subject to disclosure.

VI.   U.S. Government Restricted Rights.  The Products are provided with
      Restricted Rights. Use, duplication or disclosure by any government entity
      is subject to the restrictions contained in subparagraph (c)(1)(ii) of the
      Rights in Technical Data and Computer Software Clause contained in
      D.F.A.R.S. 252.227-7013, subparagraphs (c)(1) and (2) of the Commercial
      Computer Software-Restricted Rights contained in 48 C.F.R. 52.227-19 and
      D.F.A.R.S. 227.7202.

                              10/08/97                                       14
<PAGE>

      Contractor/manufacturer is EarthWatch Incorporated, Longmont, Colorado,
      USA.

VII.  Limitation and Disclaimer of Warranty.  EarthWatch supplies its products
      with a limited warranty. For a period of thirty (30) days, EarthWatch
      warrants that the data delivered will be of the area of interest ordered
      and the media used to carry the data will be free from physical or
      material defects. WITH THE EXCEPTION OF THE PRECEDING WARRANTY, THE
      PRODUCTS, ARE PROVIDED WITHOUT WARRANTY OF ANY KIND, AND ALL WARRANTIES OF
      MERCHANTABILITY AND FITNESS FOR ANY PARTICULAR PURPOSE ARE EXPRESSLY
      EXCLUDED. EARTHWATCH DOES NOT WARRANT THAT THE PRODUCTS WILL MEET YOUR
      NEEDS OR EXPECTATIONS OR THAT OPERATIONS OF THE PRODUCTS WILL BE ERROR
      FREE OR UNINTERRUPTED. EARTHWATCH'S SOLE LIABILITY SHALL BE TO REPLACE THE
      MEDIA IN THE EVENT THE MEDIA ITSELF, AS OPPOSED TO THE SOFTWARE OR DATA
      ENCODED THEREON, IS DEFECTIVE AND YOU RETURNS SUCH DEFECTIVE MEDIA TO
      EARTHWATCH WITHIN THIRTY (30) DAYS FOLLOWING DELIVERY. NO ORAL OR WRITTEN
      ADVICE OR INFORMATION PROVIDED BY EARTHWATCH OR ANY OF ITS AGENTS OR
      EMPLOYEES SHALL CREATE A WARRANTY OR IN ANY WAY INCREASE THE SCOPE OF
      THIS LIMITED WARRANTY, AND YOU ARE NOT ENTITLED TO RELY ON ANY SUCH ADVICE
      OR INFORMATION.

      IN NO EVENT SHALL EARTHWATCH BE LIABLE FOR ANY CLAIM OR LOSS INCURRED BY
      YOU (INCLUDING WITHOUT LIMITATION COMPENSATORY, INCIDENTAL, INDIRECT,
      SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, OR OTHER DAMAGES RESULTING
      FROM THE USE OR INABILITY TO USE PRODUCTS) IRRESPECTIVE OF WHETHER
      EARTHWATCH HAS BEEN INFORMED, KNEW, OR SHOULD HAVE KNOWN OF THE LIKELIHOOD
      OF SUCH DAMAGES. THIS LIMITATION APPLIES TO ALL CAUSES OF ACTION IN THE
      AGGREGATE. INCLUDING WITHOUT LIMITATION BREACH OF CONTRACT OR WARRANTY,
      NEGLIGENCE, STRICT LIABILITY, MISREPRESENTATION AND OTHER TORTS. IF
      EARTHWATCH'S LIMITATION OF LIABILITY SET FORTH IN THIS AGREEMENT SHALL FOR
      ANY REASON BE HELD UNENFORCEABLE OR INAPPLICABLE, YOU AGREE THAT
      EARTHWATCH'S LIABILITY SHALL NOT EXCEED FIFTY PERCENT (50%) OF THE
      LICENSE FEES PAID BY YOU TO EARTHWATCH WITH RESPECT TO THE PRODUCTS UNITS
      AT ISSUE.

VIII. Indemnification for Infringement. EarthWatch shall defend (or in
      EarthWatch's discretion, settle) at its own expense any claim asserted
      against You that the Products infringe any United States patents, or any
      copyrights, trade secrets or other intellectual property rights of any
      third party. You shall notify EarthWatch in writing of such claim within
      ten (10) days of learning of such claim. EarthWatch shall have the sole
      right to control the defense and negotiation of all such claims, and You
      shall fully cooperate in EarthWatch's defense of all such claims. In no
      event shall You either litigate or settle any such claim without
      EarthWatch's prior written approval. If, as a result of any claim, You
      are enjoined from using the Products, or EarthWatch believes that any
      such claim may be asserted, EarthWatch may at its expense procure the
      right for You to continue to use the Products, replace or modify the
      Products so as to make them non-infringing, or terminate this EULA and
      refund the fees previously paid by You for the use of the affected
      Products. EarthWatch shall not have any liability under this Section if
      such a claim of infringement is based in whole or in part upon the use of
      the Products in combination with other products not furnished or made by
      EarthWatch, the use of the Products in practicing any infringing process,
      the modification of the Products (including the creation of any Derivative
      Works) or any portion thereof, or application or use of the Products in a
      manner for which they were not designed or specified by EarthWatch. This
      Section states the entire and exclusive obligation of EarthWatch to You
      for any claim or infringement relating to the Products.

IX.   Indemnification for Use.  You shall indemnify and hold harmless EarthWatch
      against all loss, damages, claims, expenses or attorney's fees which may
      be sustained or asserted against EarthWatch arising from or connected with
      any breach by You of any provision of this EULA or any claim that Your use
      of a Product infringes the proprietary rights of any third party.

X.    Effective Date, Expiration, Renewal and Termination. This EULA shall
      become effective upon opening the Product delivered and shall continue in
      force until terminated as provided herein. This EULA may be terminated by
      You upon written notice to EarthWatch. Further, this EULA may be
      terminated by EarthWatch or You for a breach of any provision. Immediately
      upon expiration or termination of this EULA, You shall deliver to
      EarthWatch all copies of all or any portion of the Products covered by
      this or any other EULA, which are in its possession, custody or control,
      and notify EarthWatch of the existence and identity of any custodian of
      any copy of any portion of the Products not in Your possession, custody or
      control but obtained or derived directly or indirectly from You.

                                        10/08/97                              15
<PAGE>

XI.   Arbitration and Governing Law.  Any dispute arising out of or relating to
      this EULA, or the interpretation, breach or enforcement of it, shall be
      settled through binding arbitration in Denver, Colorado. Such arbitration
      shall be conducted by a panel of three arbitrators in accordance with the
      rules of the American Arbitration Association. To the extent practicable,
      the arbitrators shall be appointed from a pool of arbitrators who have
      experience or expertise in the computer industry. Any award made by the
      arbitration panel, however constituted, shall be final, binding and
      conclusive on both parties for all purposes and judgment may be entered
      thereon by any state or federal court having jurisdiction pursuant to this
      Section. Nothing in this section or EULA shall limit the ability of
      EarthWatch to pursue any legal or equitable remedy to protect or preserve
      any rights EarthWatch may have arising out of or relating to Sections 2, 3
      or 4. This EULA shall be construed and enforced in accordance with the
      laws of the State of Colorado not withstanding the conflict of laws
      provisions. The exclusive jurisdiction and venue for any lawsuit between
      the parties arising out of this EULA shall be the United States District
      Court for the District of Colorado or the state courts situated in Denver,
      Colorado, USA. No dispute related to or arising out of this EULA or any
      breach or default of any of the provisions of this EULA may be commenced
      more than one (1) year after the occurrence of any such breach or default.

XII.  Miscellaneous.

      A.   You shall be responsible for obtaining any and all required
           governmental authorizations, including without limitation, any export
           or import licenses and foreign exchange permits. EarthWatch shall not
           be liable if any authorization is delayed, denied, revoked,
           restricted or not renewed; You shall bear all such risks and costs
           caused thereby. You shall be responsible for payment of all taxes,
           fees, assessments or levies on the Products, or arising out of or
           imposed by reason of this EULA, except for any tax based on
           EarthWatch's annual net income.

      B.   This EULA constitutes the complete and exclusive agreement between
           EarthWatch and You relating to its subject matter. This EULA
           supersedes all prior and contemporaneous representations,
           correspondence, proposals or agreements relating to its subject
           matter, whether oral or written. This EULA may be modified only by a
           written amendment signed by both EarthWatch and You. If any provision
           is determined to be invalid or unenforceable, the remaining
           provisions of this EULA shall continue to be valid and enforceable.
           Neither this EULA nor any of the rights granted by it may be assigned
           or transferred by You without the prior written consent of
           EarthWatch. This restriction on assignments or transfers shall apply
           to assignments or transfers by operation of law, as well as by
           contract, merger or consolidation. Any attempted assignment or
           transfer in derogation of this prohibition is void.

      C.   Sections 3, 4, 5, 6, 7, 8, 9, 11 and 12(a) shall survive expiration
           or termination of this EULA.

      D.   Any notice provided pursuant to this EULA shall be delivered by hand,
           first class mail, facsimile or overnight courier. EarthWatch and You
           agree that facsimile copies of this EULA and notices shall be deemed
           effective.

      E.   By opening the Products delivered, You are acknowledging and agreeing
           to the terms of the EULA.

                                    10/08/97                                  16
<PAGE>

                                   EXHIBIT C
                           Multi-User Price Schedule

Number of Users             Percentage Increase over Single User License Price
---------------             -------------------------------------------------
   2 to 10                                   10%
   11 to 100                                 20%
   101 to 250                                35%
   251-350                                   50%
   351+                                      subject to negotiation

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00011-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00011-of-00352.parquet"}]]