Common use of Certain Descriptions Clause in Contracts

Certain Descriptions. The statements set forth in the Prospectuses under the captions "Governance of the Company and Relationship with Iridium," "Description of Capital Stock" and "Description of Iridium LLC Limited Liability Company Agreement," insofar as they purport to constitute a summary of the terms of the Class A Common Stock and the Interests, as the case may be, and to describe the provisions of the laws and documents referred to therein, and under the captions "Risk Factors--Risks Associated with Licensing and Spectrum Allocation," "Risk Factors--Risks Associated with Principal Supply Contracts," "Principal Contracts for the Development of the Iridium System," "Certain Relationships and Related Transactions," "Tax Considerations" and "Underwriting," insofar as they purport to describe the provisions of the laws and documents referred to therein, are accurate, complete and fair in all material respects.