Third parties rights. A person who is not a party to this Letter has no right under the Contracts (Rights of Third Parties) Axx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter. This Letter has been executed as a deed by each party hereto on the date stated at the beginning of this Letter. Yours faithfully, /s/ Jxxx Xxxxxxxxx Pxxxxxx /s/ E. Xxxxx For and on behalf of BNP Paribas as the COFACE Agent /s/ Jxxx Xxxxxxxxx Pxxxxxx /s/ E. Xxxxx …………………………… BNP Paribas as Lender /s/ Dxxxxx Xxxxxxx …………………………………… Société Générale as Lender /s/ Jxxx-Xxxxx Xxxxx /s/ Rxxxxx Xxxxxx …………………………………… Natixis as Lender /s/ Lxxxxxxx Xxxxxxxx /s/ Sxxxxx Xxxxxxxx …………………………………… Crédit Agricole Corporate and Investment Bank as Lender /s/ Txxxxx Xxxxxx /s/ Francois Guiffart …………………………………… Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Manager Date: 6 March 2012 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxxx III By: Jxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 ANNEX A “SCHEDULE 29 REPAYMENT SCHEDULE Repayment Date Principal Repayment Percentage First Repayment Date (“FRD”) 2.85% FRD + 6 Months 2.99% FRD + 12 Months 5.07% FRD + 18 Months 5.24% FRD + 24 Months 5.38% FRD + 30 Months 5.55% FRD + 36 Months 5.70% FRD + 42 Months 5.88% FRD + 48 Months 6.04% FRD + 54 Months 7.90% FRD + 60 Months 8.20% FRD + 66 Months 9.60% FRD + 72 Months 9.70% FRD + 78 Months 9.80% Final Maturity Date 10.10%
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Third parties rights. A person who is not a party to this Letter letter has no right under the Contracts (Rights of Third Parties) Axx Xxx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter letter by way of your acknowledgement and acceptance of the contents of this Letter. This Letter has been executed as a deed by each party hereto on the date stated at the beginning of this Letterletter. Yours faithfully, /s/ Jxxx Xxxxxxxxx Pxxxxxx /s/ E. Xxxxx Xxxx Xxxxxxx Xxxxxxx For and on behalf of BNP Paribas as the COFACE Agent /s/ Jxxx Xxxxxxxxx Pxxxxxx /s/ E. Xxxxx Xxxx Xxxxxxxx Xxxxxxx …………………………………… BNP Paribas as Lender /s/ Dxxxxx Xxxxxxx Xxxxx …………………………………… Société Générale as Lender /s/ Jxxx-Xxxxxxxx Xxxxxx /s/ Xxxxx Xxxxx /s/ Rxxxxx Xxxxxx Xxxxxxxxx …………………………………… Natixis as Lender /s/ Lxxxxxxx Xxxxxx Xxxxxx /s/ Xxxxxxxx /s/ Sxxxxx Xxxxxxxx Bambuck …………………………………… Crédit Agricole Corporate and Investment Bank as Lender /s/ Txxxxx Xxxxxx Xxxxxxx Xxxxx /s/ Francois Guiffart Xxxxxx-Xxxxxxxx Xxxxxxxx …………………………………… Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Manager Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 22 December 2010 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 ANNEX A “SCHEDULE 29 REPAYMENT SCHEDULE Repayment Date Principal Repayment Percentage First Repayment Date (“FRD”) 2.85% FRD + 6 Months 2.99% FRD + 12 Months 5.07% FRD + 18 Months 5.24% FRD + 24 Months 5.38% FRD + 30 Months 5.55% FRD + 36 Months 5.70% FRD + 42 Months 5.88% FRD + 48 Months 6.04% FRD + 54 Months 7.90% FRD + 60 Months 8.20% FRD + 66 Months 9.60% FRD + 72 Months 9.70% FRD + 78 Months 9.80% Final Maturity Date 10.10%22 December 2010
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Third parties rights. A person who is not a party to this Letter has no right under the Contracts (Rights of Third Parties) Axx Xxx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter. This Letter has been executed as a deed by each party hereto on the date stated at the beginning of this Letter. Yours faithfully, /s/ Jxxx Xxxxxxxxx Pxxxxxx Xxxxxxx Xxxxxxx /s/ E. Xxxxx Galzy For and on behalf of BNP Paribas as the COFACE Agent /s/ Jxxx Xxxxxxxxx Pxxxxxx Xxxxxxx Xxxxxxx /s/ E. X. Xxxxx …………………………… BNP Paribas as Lender /s/ Dxxxxx Xxxxxx Xxxxxxx …………………………………… Société Générale as Lender /s/ Jxxx-Arnaud Sarret /s/ Xxxxx Xxxxx /s/ Rxxxxx Xxxxxx Xxxxxxxxx …………………………………… Natixis as Lender /s/ Lxxxxxxx Xxxxxxxx /s/ Sxxxxx Xxxxxxxx Xxxxxxx Xxxxxx …………………………………… Crédit Agricole Corporate and Investment Bank as Lender /s/ Txxxxx Xxxxxx Xxxxxxx Xxxxx /s/ Francois Guiffart Xxxxxx-Xxxxxxxx Xxxxxxxx …………………………………… Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Manager Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 16 March 2012 ANNEX A “SCHEDULE 29 REPAYMENT SCHEDULE Repayment Date Principal Repayment Percentage First Repayment Date (“FRD”) 2.85% FRD + 6 Months 2.99% FRD + 12 Months 5.07% FRD + 18 Months 5.24% FRD + 24 Months 5.38% FRD + 30 Months 5.55% FRD + 36 Months 5.70% FRD + 42 Months 5.88% FRD + 48 Months 6.04% FRD + 54 Months 7.90% FRD + 60 Months 8.20% FRD + 66 Months 9.60% FRD + 72 Months 9.70% FRD + 78 Months 9.80% Final Maturity Date 10.10%2011
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Samples: Globalstar, Inc.
Third parties rights. A person who is not a party to this Letter has no right under the Contracts (Rights of Third Parties) Axx Xxx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter. This Letter has been executed as a deed by each party hereto on the date stated at the beginning of this Letter. Yours faithfully, /s/ Jxxx Xxxx Xxxxxxxxx Pxxxxxx Xxxxxxx /s/ E. X. Xxxxx For and on behalf of BNP Paribas as the COFACE Agent /s/ Jxxx Xxxx Xxxxxxxxx Pxxxxxx Xxxxxxx /s/ E. X. Xxxxx …………………………… BNP Paribas as Lender /s/ Dxxxxx Xxxxxx Xxxxxxx …………………………………… Société Générale as Lender /s/ JxxxXxxx-Xxxxx Xxxxx /s/ Rxxxxx Xxxxxx Xxxxxx …………………………………… Natixis as Lender /s/ Lxxxxxxx Xxxxxxxx Xxxxxxxx /s/ Sxxxxx Xxxxxx Xxxxxxxx …………………………………… Crédit Agricole Corporate and Investment Bank as Lender /s/ Txxxxx Xxxxxx Xxxxxx /s/ Francois Guiffart …………………………………… Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Manager Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 23 January 2012 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 March 2012 ANNEX A “SCHEDULE 29 REPAYMENT SCHEDULE Repayment Date Principal Repayment Percentage First Repayment Date (“FRD”) 2.85% FRD + 6 Months 2.99% FRD + 12 Months 5.07% FRD + 18 Months 5.24% FRD + 24 Months 5.38% FRD + 30 Months 5.55% FRD + 36 Months 5.70% FRD + 42 Months 5.88% FRD + 48 Months 6.04% FRD + 54 Months 7.90% FRD + 60 Months 8.20% FRD + 66 Months 9.60% FRD + 72 Months 9.70% FRD + 78 Months 9.80% Final Maturity Date 10.10%23 January 2012
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Third parties rights. A person who is not a party to this Letter has no right under the Contracts (Rights of Third Parties) Axx Xxx 0000 to enforce any of its terms. We should be grateful if you would sign and return to us the enclosed copy of this Letter by way of your acknowledgement and acceptance of the contents of this Letter. This Letter has been executed as a deed by each party hereto on the date stated at the beginning of this Letter. Yours faithfully, /s/ Jxxx Xxxxxxxxx Pxxxxxx Xxxxxxx Xxxxxxx /s/ E. Xxxxx Galzy For and on behalf of BNP Paribas as the COFACE Agent /s/ Jxxx Xxxxxxxxx Pxxxxxx Xxxxxxx Xxxxxxx /s/ E. X. Xxxxx …………………………… BNP Paribas as Lender /s/ Dxxxxx Xxxxxx Xxxxxxx …………………………………… Société Générale as Lender /s/ Jxxx-Arnaud Sarret /s/ Xxxxx Xxxxx /s/ Rxxxxx Xxxxxx …………………………………… Xxxxxxxxx Natixis as Lender /s/ Lxxxxxxx Xxxxxxxx /s/ Sxxxxx Xxxxxxxx …………………………………… Xxxxxxx Xxxxxx Crédit Agricole Corporate and Investment Bank as Lender /s/ Txxxxx Xxxxxx Xxxxxxx Xxxxx /s/ Francois Guiffart …………………………………… Xxxxxx-Xxxxxxxx Xxxxxxxx Crédit Industriel et Commercial as Lender Acknowledged and agreed For and on behalf of Globalstar, Inc. as Borrower /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of Thermo Funding Company LLC as Obligor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Manager Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of GSSI, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar Security Services, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar C, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar USA, LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar Leasing LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of Spot LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of ATSS Canada, Inc. as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar Brazil Holdings, L.P. as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of GCL Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of GUSA Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 2011 Acknowledged and agreed For and on behalf of Globalstar Licensee LLC as Subsidiary Guarantor /s/ Jxxxx Xxxxx Xxxxxx III By: Jxxxx Xxxxx Xxxxxx III Title: Chairman Date: 6 29 March 2012 ANNEX A “SCHEDULE 29 REPAYMENT SCHEDULE Repayment Date Principal Repayment Percentage First Repayment Date (“FRD”) 2.85% FRD + 6 Months 2.99% FRD + 12 Months 5.07% FRD + 18 Months 5.24% FRD + 24 Months 5.38% FRD + 30 Months 5.55% FRD + 36 Months 5.70% FRD + 42 Months 5.88% FRD + 48 Months 6.04% FRD + 54 Months 7.90% FRD + 60 Months 8.20% FRD + 66 Months 9.60% FRD + 72 Months 9.70% FRD + 78 Months 9.80% Final Maturity Date 10.10%2011
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