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Exhibit 10.13    
    

THIS
NOTE AND THE SECURITIES ISSUABLE UPON THE CONVERSION HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED, OR
OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT REQUIRED
UNDER SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SUCH ACT. 

 
 

CONVERTIBLE SECURED PROMISSORY NOTE    
    

	$130,290 (principal and accrued interest)	 	April 1, 2004

        FOR
VALUE RECEIVED, HyperSpace Communications, Inc., a Colorado corporation (the "Borrower"), hereby promises to pay to the order
of John P. Yeros (the "Lender"), the principal sum of Eighty-Nine Thousand Nine Hundred dollars ($89,900), together with simple interest
thereon from the date of this Note on the unpaid principal balance. Interest shall accrue at a rate of nine percent (9%) per annum. 

1.    Repayments and Prepayments.    

        (a)   (b)    All
principal and accrued but unpaid interest under this Note is due and payable upon written demand by the Lender;  provided, however, that such demand may not
be made prior to June 30, 2005 (the
"Maturity Date"). 

        (c)   All
payments shall be made in lawful money of the United States of America at the principal office of the Borrower, or at such other place as the holder hereof may from
time to time designate in writing to the Borrower. Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. Prepayment of principal,
together with accrued interest, may be made without penalty upon thirty (30) days prior written notice to Lender. 

        (d)   Upon
payment in full of all principal and interest payable hereunder, this Note shall be surrendered to the Borrower for cancellation. 

2.    Conversion.    $75,000 of the outstanding principal and interest on this Note shall be, at the demand of the Borrower
be, converted into Common Stock of the Borrower ten (10) business days prior to an initial public offering if its shares as follows: 

        (a)    Conversion.    Provided the Borrower makes an initial public offering of its shares before June 30,
2005, upon demand as outlined above, $75,000 of the Note shall be converted into that number of shares of Common Stock of the Borrower determined by dividing (A) $$75,000, by
(B) twenty-five cents ($0.25). 

        (b)    Mechanics of Conversion.    In connection with such conversion of this Note, the Lender shall surrender this
Note, duly endorsed, at the principal office of the Borrower. At its expense, the Borrower shall, as soon as practicable thereafter, issue and deliver to the Lender at such principal office a
certificate or certificates for the common stock (bearing such legends as may be required or advisable in the opinion of counsel to the Borrower), together with a check payable to the Lender for any
cash amounts payable as described in Section 2(c) below. 

        (c)    No Fractional Shares.    No fractional shares shall be issued upon conversion of this Note. In lieu of the
Borrower issuing any fractional shares to the Lender upon the conversion of this Note, the Borrower shall pay to the Lender an amount in cash equal to the product obtained by multiplying the
conversion price applied to effect such conversion by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of 

the
amounts specified in this Note, the Borrower shall be released from all its obligations and liabilities under this Note. 

        (d)    Anti-dilution.    If the Borrower, at any time prior to the full satisfaction or conversion of this
Note, shall subdivide its capital stock, by split or otherwise resulting in a valuation of the Company on a per share basis that is less than thirty one and one quarter cents ($0.25) per share of
Common Stock, or issue additional shares of its capital stock (other than by grants of options or securities under a stock option or equity incentive plan of the Borrower) for a purchase price of less
than thirty one and one quarter cents ($0.25) per share, then the number of shares issuable upon the conversion of this Note shall forthwith be proportionately increased on a broad based,
weighted average basis (based on all outstanding shares of any class of capital stock as well as outstanding and reserved options) to prevent dilution of Lender. 

        (e)    Documents.    As a condition of the issuance of this Note, the Lender agrees to execute all necessary and
appropriate documents in connection with the conversion of this Note, including, but not limited to, a subscription agreement or certificate of accredited investor containing customary investor
representations and warranties. 

3.    Events of Default; Acceleration.    

        Upon
the occurrence of any event of default under this Note, including, but not limited to, any failure to pay to Lender any amounts due and owing hereunder when due, and the written
election Lender, the entire unpaid principal balance of this Note and all of the unpaid interest accrued thereon shall be immediately due and payable and the Lender shall have all legal and
equitable rights of holders of secured debt instruments. 

4.    Liquidation Preference.    In the event that the Company participates in a Liquidation Event (as that term is defined below)
prior to the full satisfaction or conversion of this Note. Lender shall be entitled to receive in satisfaction of this Note, and in preference to the holders of any preferred or common stock of
Borrower, an amount equal to 1.5 times the principal amount outstanding under this Note, together with any accrued but unpaid interest (the "Liquidation Preference"), as of the date of the Liquidation
Event. For the purposes of this Note, a declaration of bankruptcy, a dissolution and winding up of Borrower, or participation of Borrower in a merger, consolidation, combination, exchange, or other
corporate transaction at a valuation of less than thirty one and one quarter cents ($0.25) per share of Common Stock in which the shareholders of Borrower immediately prior to the transaction do not
own in excess of fifty percent (50%) of the outstanding equity securities of the corporation surviving the corporate transaction shall constitute a "Liquidation Event." 

5.    Miscellaneous.    

        (a)   With
the written consent of Lender, the obligations of the Borrower and the rights of the holders under the Notes may be waived (either generally or in a particular
instance, either retroactively or prospectively and either for a specified period of time or indefinitely), and with the same consent the
Borrower, when authorized by resolution of its Board of Directors, may enter into a supplementary agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of
the provisions of this Note. 

        (b)   This
Note shall be binding upon the Borrower's successors and assigns, and shall inure to the benefit of the Lender's successors and assigns. 

        (c)   In
no event shall the interest rate and other charges under this Note exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in
a final determination, deem applicable hereto. In the event that a court determines that Lender has received interest and other charges under this Note in excess of the highest permissible rate
applicable hereto, such excess shall be deemed received on account of, and shall automatically be applied to reduce, the outstanding principal amount hereunder and the provisions thereof shall be
amended to provide for the highest permissible rate. If there is no outstanding principal amount under this Note, Lender shall refund such excess to the Borrower. 

        (d)   This
Note and the rights and obligations of the Company, the Lender, or any subsequent holder of this Note shall be governed by, and shall be construed and
enforced in accordance with, the internal laws of the state of Colorado, without regard to conflicts of law principles. No party hereto, holder hereof, or beneficiary hereunder shall commence or
prosecute any action, suit, proceeding or claim arising under or by reason of this Note other than in the state or federal courts located in the city and county of Denver, Colorado. The
Company, the Lender, and each subsequent holder of this Note irrevocably consents to the jurisdiction and venue of the courts identified in the preceding sentence in connection with any action,
suit, proceeding or claim arising under or by reason of this Note. 

        (e)   The
Borrower hereby agrees, subject only to any limitation imposed by applicable law, to pay all expenses, including reasonable attorneys' fees and legal expenses,
incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due, whether by declaration or otherwise. 

        (f)    Nothing
contained in this Note shall be construed as conferring upon the Lender or any other person the right to vote or to consent or to receive notices as a
shareholder in respect of meetings of shareholders for the election of directors of the Company or any other matters or any rights whatsoever as a shareholder of the Company; and no dividends or
interest shall be payable or accrued in respect of this Note or the interest represented hereby or the Note Shares obtainable hereunder until, and only to the extent that, this
Note shall have been converted. 

        (g)   This
Note is secured by all of the assets of the Borrower, including, but not limited to all of its Intellectual Property. 

        (h)   The
parties hereby expressly waive presentment, demand for payment, dishonor, notice of dishonor, protest, notice of protest, and any other formality. 

	

 	
 	
BORROWER:
	

 	
 	

HYPERSPACE COMMUNICATION, INC
	

 	
 	

 
	 	 	    
 (signature)
	

 	
 	

    
 (print name)
	

 	
 	

    
 (title)
	

 	
 	

 
	 	 	LENDER:
	

 	
 	

JOHN YEROS
	

 	
 	

 
	 	 	    
 (signature)
	

 	
 	

    
 (print name)

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Exhibit 10.13

CONVERTIBLE SECURED PROMISSORY NOTEQuickLinks
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Exhibit 10.14  

 
 

AMENDED & RESTATED
  FOUNDER'S EMPLOYMENT AGREEMENT    
    

        THIS AMENDED & RESTATED FOUNDER'S EMPLOYMENT AGREEMENT (this "Agreement") is entered into by and between HyperSpace Communications, Inc., a Colorado
corporation (the "Company"), and John P. Yeros, an individual ("Founder"), effective as of the date ninety (90) days after the effective date of the Company's registration statement of form
SB-2, filed with the U.S. Securities and Exchange Commission (the "Effective Date"). 

RECITALS  

        A.    Founder
has participated in, and been instrumental to, the formation and organization of the Company by contributing, as a founder, his full time, business skill,
knowledge and expertise. 

        B.    Recognizing
that Founder's continued employment with the Company is essential to its ongoing operations, growth, and success, the Company desires Founder to continue in
the employ of the Company. 

        C.    The
Company desires to retain the services and to continue to employ Founder upon the terms and conditions set forth herein, and Founder desires to continue in the employ
of the Company and to provide services to the Company on the terms and conditions set forth herein. 

AGREEMENT  

        NOW THEREFORE, in consideration of the covenants and obligations set forth in this Agreement, and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, Company and Founder hereby agree as follows: 

        1.     Employment. The Company hereby employs Founder, and Founder accepts such employment and agrees to perform services for the
Company, upon the terms and conditions set forth in this Agreement. 

        2.     Term. The initial term of employment hereunder shall commence on the Effective Date and shall continue for a period of one
(1) year from that date. At the end of the initial term of this Agreement, and on each anniversary thereafter, the term of Founder's employment shall be extended automatically for one
additional year unless, at least thirty (30) days prior to such anniversary, the Company shall have delivered to the Founder, or the Founder shall have delivered to the Company, written notice
that the term of the Founder's employment hereunder will not be extended. The initial term, together with any additional one year terms under this Agreement, are collectively referred to herein as the
"Term." 

        3.     Position and Duties. 

        3.1.  Service with Company. During the Term of this Agreement, Founder agrees to perform those duties described on  Exhibit A hereto, and such other reasonable employment
duties as are delegated to Founder, from time to time, by the board of directors of the
Company (the "Board"). 

        3.2.  Performance of Duties. Founder covenants and agrees to serve the Company faithfully and to the best of his ability and
to devote his full time, attention, and effort to the business and affairs of the Company during the Term, provided,  however, that the covenants set forth
in this Section 3.2 shall not be construed to prohibit Founder from devoting reasonable periods of time to
(a) engaging in personal investment activities, (b) serving on the board of directors of the Company, its subsidiaries, or other corporations or entities, so long as such service would
not otherwise be prohibited by Section 6 hereof, and/or (c) engaging in charitable or community service activities, including professional organizations, so long as such foregoing
activities do not materially interfere with Founder's duties under this Agreement. Founder hereby confirms that he 

 

is
under no contractual obligation or commitment inconsistent with his obligations set forth in this Agreement, and that during the Term, Founder will not render or perform services for any other
corporation, firm, or person, which are inconsistent with the provisions of this Agreement. 

        4.     Compensation. 

        4.1.  Base Salary. Commencing the Effective Date, as annual compensation for all services rendered or to be rendered by
Founder to Company under this Agreement, before all customary payroll deductions, the Company shall pay to Founder an annual base salary of One Hundred Thousand Dollars ($100,000), which salary shall
be paid in installments on not less than a monthly basis in accordance with the Company's ordinary payroll policies. The compensation payable to Founder during each subsequent year during the Term
shall be established by the Board, but in no event shall the salary for any subsequent year be less than the salary in effect for the prior year. 

        4.2.  Incentive Compensation. In addition to the base salary described in Section 4.1 above, Founder shall be eligible
to participate in such bonus or incentive compensation plans as may be established by the Board from time-to-time for employees and/or directors of the Company, at the
discretion of the Board. 

        4.3.  Participation in Benefit Plans. During the Term of this Agreement, Founder shall be entitled to receive such medical and
hospitalization insurance and other fringe benefits as are being provided, from time-to-time, to other employees and/or directors of the Company of similar authority or
position, to the extent that Founder's age, position, or other factors qualify him for such fringe benefits. 

        4.4.  Expenses. The Company will pay or reimburse Founder for all reasonable and necessary
out-of-pocket expenses incurred by him in the performance of his duties under this Agreement, subject to the presentment by Founder of appropriate invoices, bills, or receipts
in accordance with the Company's ordinary policies for expense reimbursement. 

        5.     Confidential Information. Other than for the sole benefit of the Company, during the Term of this Agreement and for a
period of three (3) years thereafter, Founder shall not divulge, furnish, or make accessible to anyone or use in any way any confidential or secret knowledge, information, or intellectual
property of the Company which Founder has acquired or become acquainted with or will acquire or become acquainted with during the Term, whether developed by himself or by others concerning any trade
secrets, confidential or secret designs, processes, formulae, plans, devices or material (whether or not patented or patentable) directly or indirectly useful in any aspect of the business of the
Company, any development or research work of the Company, or any other confidential or proprietary information of the Company (the "Confidential Information"). Founder acknowledges that the
Confidential Information constitutes a unique and valuable asset of the Company and represents a substantial investment of time and expense by the Company, and that disclosure or other use of such
Confidential Information other than for the sole benefit of the Company would cause irreparable harm to the Company. Both during the Term, and for a period of three (3) years threreafter,
Founder shall refrain from any acts or omissions that would reduce the value of such Confidential Information to the Company. 

        6.     Non-competition Covenant. 

        6.1.  Covenant Not to Compete. Founder agrees that during the Term of this Agreement, and for a period of three
(3) years from and after the date of the termination or expiration of this Agreement, Founder shall not, directly or indirectly, engage in competition with the Company in the research,
commercial application, or development of internet content acceleration software or technology in any manner or capacity (e.g., as an advisor, principal, agent, consultant, independent contractor,
partner, officer, director, control person, stockholder, employee, member of any association, or otherwise). 

2

 

        6.2.  Geographic Extent of Covenant. The obligations of Founder under Section 6.1 of this Agreement shall apply to any
geographic area in which the Company: (a) has engaged in business during the Term of this Agreement through conducting research, production, promotional, sales, or marketing activity, or
otherwise, or (b) has otherwise established its goodwill, business reputation, or any customer or supplier relationships. 

        6.3.  Limitations on Covenant. The following shall not constitute a breach of this Section 6: 

        6.3.1.
Ownership by Founder, as a passive investment, of five percent (5%) or less of the outstanding shares of capital stock of any corporation listed on a national securities exchange
or publicly traded in the over-the-counter market; or 

        6.3.2.
Founder's engaging in software, telecommunications related, or other business as an employee, consultant, independent contractor, agent, partner, officer, director, control
person, stockholder, member of any association or otherwise, provided, however, that such engagement
does not compete, directly or indirectly, with the business of the Company conducted at the time of the termination or expiration of this Agreement. 

        6.4.  Indirect Competition. Founder further agrees that, during the Term of this Agreement, he will not, directly or
indirectly, assist or encourage any other person or entity in carrying out any activity that would be prohibited by the above provisions of this Section 6 if such action were to be carried out
by Founder, either directly or indirectly; and, in particular, Founder agrees that he will not, directly or indirectly, induce any employee of the Company to carry out any such activity. 

        6.5.  No Interference; Nonsolicitation. Consistent with the provisions of Section 6 of this Agreement, Founder shall
not take any action to interfere with the relationships between the Company and its customers. During the three (3) year period following the termination or expiration of this Agreement,
Founder shall not directly or indirectly through any person or entity (a) induce or attempt to induce any employee of the Company, or any subsidiary or affiliate to leave the employ of the
Company or such subsidiary or affiliate; (b) hire any person who was an employee of the Company or its subsidiaries or affiliates at any time during the six (6) month period prior to
such hiring, or (c) induce or attempt to induce any customer, supplier, licensee, or other business relation of the Company, or its subsidiaries and affiliates, to withdraw, curtail, or cease
doing business with the Company or its subsidiaries and affiliates. 

        7.     Intellectual Property. 

        7.1.  Disclosure and Assignment. Founder has disclosed, and will promptly disclose, in writing to the Company complete
information concerning each and every invention, discovery, improvement, device, design, apparatus, practice, process, method, or product, whether or not patentable, made developed, perfected,
devised, conceived or first reduced to practice by Founder, either solely or in collaboration with others, prior to and during the Term of this Agreement, whether or not during regular
working hours, relating either directly or indirectly to the business, products, practices, or techniques of the Company (the "Developments"). Founder, to the extent that he has the legal right
to do so, hereby acknowledges that any and all of said Developments are the property of the Company and hereby assigns and agrees to assign to the Company any and all of Founder's right, title, and
interest in and to any and all of such Developments. 

        7.2.  Future Developments. As to any future Developments made by Founder which relate to the business, products, or practices
of the Company that are first conceived or reduced to practice during the Term of this Agreement but which are claimed for any reason to belong to an entity or person other than the Company, Founder
will promptly disclose the same in writing to the Company and shall not disclose the same to others if the Company, within twenty (20) days thereafter, shall claim ownership of such
Developments under the terms of this Agreement. 

3

 

        7.3.  Further Assurance. Upon request and without further compensation therefor, but at no expense to Founder, and whether
during the Term of this Agreement or thereafter, Founder will do all lawful acts, including but not limited to, the execution of papers and lawful oaths, and the giving of testimony, that in the
opinion of the Company, its successors and assigns, may be necessary or desirable in obtaining, sustaining, reissuing, extending and enforcing United States and foreign patents, including, but not
limited to, design patents, on any and all such Developments, and for perfecting, affirming and recording the Company's complete ownership and title thereto, and to cooperate otherwise in all
proceedings and matters relating thereto. 

        7.4.  Records. Founder will keep complete, accurate, and authentic accounts, notes, data and records of all Developments in
the manner and form requested by the Company. Such accounts, notes, data, and records shall be the property of the Company and upon the Company's request, Founder will promptly surrender the same to
the Company, and all copies thereof, upon the conclusion of his employment. 

        8.     Termination. 

        8.1.  Grounds for Termination. The Company shall have no right to terminate Founder, or otherwise cease to employ Founder
under the terms and conditions of this Agreement, prior to the expiration of its Term, or any extension thereof, unless one or more of the following
occur: 

        8.1.1.
Founder dies; 

        8.1.2.
Founder becomes Disabled (as defined below), so that he cannot perform the essential functions of his position with reasonable accommodation, or 

        8.1.3.
The Company terminates this Agreement for Cause (as defined below) and notifies Founder in writing of such termination for Cause. 

        If
this Agreement is terminated pursuant to subsections 8.1.1 or 8.1.2, such termination shall be effective immediately. If this Agreement is terminated pursuant to
subsection 8.1.3 of this Agreement, such termination shall be effective thirty (30) days after the delivery of the notice of termination. Termination of Founder prior to the expiration
of this Agreement for any reason other than pursuant to subsections 8.1.1, 8.1.2, or 8.1.3, shall be deemed a termination "Without Cause." 

        8.2.  Cause. For the purposes of this Section 8 of the Agreement "Cause" shall be defined only as follows: 

        8.2.1.
Founder has breached the provisions of Sections 5, 6, or 7 of this Agreement in any material respect; or 

        8.2.2.
Founder has committed fraud, misappropriation, or embezzlement in connection with the Company's business; 

        8.2.3.
Founder has voluntarily resigned, for a reason other than the Company's material breach of this Agreement, without just cause, or engaged in willful and material misconduct,
including willful and material failure to perform Founder's duties as an employee of the Company and has failed to cure such willful and material misconduct within thirty (30) days after
delivery of written notice of such willful and material misconduct; 

        8.3.  Termination for Cause. In the event the Company terminates Founder's employment for Cause, pursuant to this
Section 8, Founder shall have twenty (20) days after receipt of such written notice of termination to object in writing to the Company's determination that there exists Cause for
termination. If Founder fails to object to any such determination of Cause in writing within such twenty (20) day period, he shall be deemed to have waived his right to object to the Company's
determination that Cause exists. 

4

 

        8.4.  Effect of Termination. Upon the lawful termination or expiration of this Agreement, Founder, in consideration of his
employment hereunder, shall remain bound by the provisions of this Agreement that by their terms survive the termination or expiration of this Agreement for the periods of time explicitly set forth
herein. 

        8.5.  Disability. As used in this Agreement, the term "Disability" or "Disabled" means any mental or physical condition which
renders Founder unable to perform the essential functions of his position, with
or without reasonable accommodation, for a period in excess of one hundred twenty (120) consecutive days or more than one hundred eighty (180) days during any three hundred sixty
five (365) day period. 

        8.6.  Surrender of Property. Upon termination of his employment with the Company, Founder shall deliver promptly to the
Company all records, manuals, books, blank forms, documents, letters, memoranda, notes, notebooks, computers, reports, data, tables, calculations, or copies thereof, which are the property of the
Company or which relate in any way to the business, products, practices, or techniques of the Company, and all other property, trade secrets, Confidential Information, Developments, or other
intellectual property of the Company, including but not limited to, all documents, files, computers, or data that in whole or in part contain any intellectual property, trade secrets, Confidential
Information, or Developments of the Company, which are in Founder's possession or control, and all copies thereof. 

        8.7.  Wage Continuation. 

        8.7.1.
If Founder's employment is terminated pursuant to subsection 8.1.1 of this Agreement (i.e., due to death), the Company shall continue to provide health and medical benefits to the
Founder's dependents (if such dependents were covered by the Company's health and medical benefits plan immediately prior to Founder's death and termination pursuant to subsection 8.1.1) for
the longer of (a) the remaining Term or (b) thirty six (36) months from the termination of Founder's employment pursuant to subsection 8.1.1. 

        8.7.2.
If Founder's employment is terminated by the Company pursuant to subsection 8.1.2 of this Agreement (i.e., due to Disability), the Company shall continue to pay to Founder his
base salary and shall continue to provide health and medical insurance benefits to Founder and his dependants under any benefit program of the Company through the later to occur of (a) the
remaining Term, or (b) eighteen (18) months from the termination of Founder's employment pursuant to subsection 8.1.2 of this Agreement. 

        8.7.3.
If this Agreement is terminated pursuant to subsection 8.1.3 (i.e., voluntary resignation; material failure to perform duties), all of Founder's right to compensation under
this Agreement, other than for services already rendered, shall immediately terminate except as otherwise provided by applicable law. 

        8.8.  Termination Without Cause. In the event Company terminates Founder Without Cause, Company shall: 

        8.8.1.
immediately pay to Founder the base salary due Founder for the unexpired Term of this Agreement plus an additional eighteen (18) months; 

        8.8.2.
continue to provide health and medical insurance benefits to Founder under applicable benefit programs of the Company as if Founder had not been terminated through the earlier to
occur of (a) the unexpired Term of this Agreement plus eighteen (18) months, or (b) the enrollment of Founder, at Founder's election, into a separate health and medical insurance
benefit program; 

        8.8.3.
the Company shall purchase from Founder, at Founder's option (which option shall be exercised, if at all, in Founder's sole and absolute discretion, not later than ninety
(90) days 

5

 

after
the date of Founder's termination Without Cause by the Company), all the shares of stock of the Company of any class or kind held by Founder. Such shares shall be purchased by the Company at the
fair market value (the "FMV") of such shares, which FMV shall be determined either by reference to an average of the open and close price reported for the Company's common stock for the five
(5) days preceding Founder's termination if the Company's stock is publicly traded; or by a disinterested third party appraiser, reasonably acceptable to both the Company and Founder, with
experience in the valuation of computer software/services companies (the "Appraiser"), if the Company's common stock is not publicly traded. Such purchase shall be completed not later than thirty
(30) days after determination of the FMV. All costs of such appraisal and purchase of the Founder's shares shall be borne and paid by the Company, including but not limited to the reasonable
attorney's fees of one attorney of Founder's choice retained by Founder to represent Founder in connection with the termination of Founder's employment hereunder; 

        8.8.4.
the obligations of Founder to the Company under Sections 5, 6, and 7 shall cease to be applicable to Founder, and Founder shall no longer be bound by the obligations set
forth in such Sections of this Agreement; 

        8.8.5.
The express contractual remedies set forth above in this subsection 8.8 are in addition to all other remedies that may be available to Founder at law or in equity. 

        8.8.6.
In the event of a dispute arising in connection with the enforcement of the provisions of subsection 8.8 of this Agreement, in the event the Founder prevails in such a
dispute, the Company shall pay the reasonable attorney's fees and other costs incurred by Founder in connection with the resolution of such dispute, whether by litigation, arbitration, settlement or
otherwise. 

        9.     Resolution of Certain Claims—Injunctive Relief. Founder agrees and acknowledges that, in addition to, but not
to the exclusion of any other available remedy, the Company shall have the right to enforce the provisions of Sections 5, 6, 7, and 8.6 of this Agreement by applying for and obtaining temporary
or permanent restraining orders or injunctive relief from a court of competent jurisdiction without the necessity of filing a bond therefor. 

        10.   Miscellaneous. 

        10.1.   Capitalized Terms. Capitalized terms shall have the meanings set forth herein. 

        10.2.   Integration. This Agreement contains the entire agreement of the parties relating to the employment of
Founder by the Company and the terms and conditions thereof, and supersedes all prior agreements and understandings with respect to such matters; the parties hereto acknowledge and agree that they
have made no agreements, representations, or warranties relating to the subject matter of this Agreement that are not set forth herein. 

        10.3.   Severability. To the extent any provision of this Agreement shall be invalid or unenforceable, it shall
be considered deleted herefrom and the remainder of such provision and the remainder of this Agreement shall be unaffected and shall continue in full force and effect.  Provided, however, should the
duration, geographical extent of, or business activity constrained by any limitation or restriction set forth in this
Agreement be in excess of that which is valid and enforceable under applicable law, then such limitation or restriction shall be construed to cover only the maximum duration or extent, or those
activities which may be lawfully, validly, and enforceably limited or restricted by agreement. 

        10.4.   Governing Law; Venue. This Agreement will be interpreted, construed and enforced in all respects in
accordance with the laws of the State of Colorado without regard to its choice of law principles to the contrary. Each party hereby irrevocably consents to the jurisdiction and venue of 

6

 

the
state and federal courts located in the City and County of Denver, Colorado, and all applicable appellate courts, in connection with any action to interpret or enforce, or otherwise arising out of
or relating to, this Agreement. Further, neither party will bring or become party to any action to interpret or enforce, or arising out of or otherwise relating to, this Agreement, other than in the
state and federal courts located in the City and County of Denver, Colorado. 

        10.5.   Amendments. No amendment or modification of this Agreement shall be deemed effective unless made in
writing and signed by the parties hereto. 

        10.6.   No Waiver. The waiver by any party to this Agreement of any breach, or the failure of any party to
enforce any of the terms and conditions of this Agreement at any time shall not in any way affect, limit, or waive that party's rights thereafter to enforce and/or compel strict compliance by the
breaching party with any term or condition of this Agreement. 

        10.7.   Assignment. This Agreement shall not be assignable, in whole or in part, by any of the parties hereto
without the written consent of the other party, except that the Company may assign its rights and obligations under this Agreement to any corporation, firm, or other business entity with or into which
the Company may merge or consolidate, or to which the Company may sell or transfer all or substantially all of its assets. 

        10.8.   Notices. Any notice required or permitted to be given by a party hereto shall be deemed validly given if
personally delivered, mailed via first class mail, postage prepaid, or sent via overnight courier that insures next day delivery, such as Federal Express, and addressed as follows: 

If
to Founder: 

John
P. Yeros

9763 S. Tall Grass Cir.

Lone Tree, CO 80124 

If
to Company: 

Hyperspace
Communications, Inc.

8480 E. Orchard Rd., Suite 6600

Greenwood Village, Colorado 80111

Attn: Board of Directors 

A
party hereto may from time-to-time notify the other party, in writing, of a new address to which notices to that party shall thereafter be given. Any notice given in
accordance with this Section 10.8, shall be deemed effective, whether or not received, (a) when personally delivered, (b) three (3) days after deposit with the U.S. postal
service if mailed, and (c) one (1) day after deposit with an overnight courier for next day delivery. 

        10.9.   Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed
an original and all of which, when taken together, shall constitute one entire instrument and agreement. 

        10.10.   Captions and Headings. The captions and Section headings used in the Agreement are for
convenience and reference only, and shall not affect the construction or interpretation of this Agreement or any of the provisions hereof. 

[Remainder
of page intentionally left blank.] 

7

 

        IN
WITNESS WHEREOF, Founder and the Company have executed this Agreement effective as of the day and year first set forth above. 

	

 	
 	

"Founder"
	

 	
 	

 John P. Yeros
	

 	
 	

"Company"
	

 	
 	

HyperSpace Communications, Inc., a Colorado corporation
	

 	
 	

By:	
 	

	 	 	Name:	 	 
	 	 	 	 	

	 	 	Title:	 	 
	 	 	 	 	

8

 
Exhibit A  

HyperSpace Communications, Inc.—Chairman's Role:  

        On the broadest level, the Chairman of the Board of Directors provides overall leadership to both internal and
external constituents of the Company. In this revised capacity, the Chairman will have primary responsibility for the oversight of all central corporate compliance functions and accountabilities. In
addition, he shall have a significant role in executing the following duties and responsibilities on a daily basis: 

	•
	Maintaining
state-of-the-art corporate governance policies and standards, including clear and disciplined adherence to all relevant
Sarbanes/Oxley guidelines.

	•
	Developing
a clear public relations strategy for the Company, including any/all primary interfaces with external agencies, legal and governmental resources, and the
press/media.

	•
	Taking
primary responsibility for all shareholder communications, including relevant and periodic Chairman's Letters to keep HCI stakeholders fully informed of business
matters.

	•
	Managing,
coaching and supervising the various activities and strategies designed by the President & CEO, including relevant personnel matters and decisions.

	•
	Interfacing
with corporate Board members and relevant Advisory Board members to enhance the overall effectiveness of a coordinated team of HCI insiders and outsiders.

	•
	Taking
primary responsibility for all investor fund-raising and financing alternatives, including direct interfacing with key individual investors, investment
banking resources and the Company's business banking professionals.

	•
	Participating,
as appropriate and relevant, in internal discussions/matters that revolve around strategy development, business partner development and corporate policies.

	•
	Participating,
at the behest and direction of the President & CEO, in managing and facilitating any/all critical business relationships with customers, suppliers and
business partners.

	•
	Serving
as a sounding board to the President & CEO in any/all matters deemed relevant and appropriate by the President & CEO. 

9

QuickLinks

AMENDED & RESTATED FOUNDER'S EMPLOYMENT AGREEMENT

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