EXHIBIT 10.55.2
AMENDMENT No. 1 TO
FIXED PRICE CONTRACT
BETWEEN
PANAMSAT CORPORATION
AND
XXXXXX SPACE AND COMMUNICATIONS COMPANY
FOR
DOMESTIC 1, DOMESTIC 2, AND OPTION
SPACECRAFT, RELATED SERVICES, AND DOCUMENTATION
CONTRACT No. 98-PAS-002
AMENDMENT No. 1 TO FIXED PRICE CONTRACT FOR
DOMESTIC 1, DOMESTIC 2, AND OPTION
SPACECRAFT, RELATED SERVICES, AND DOCUMENTATION
This Amendment No. 1 (the "Amendment"), entered into as of January 8, 1999, by
and between PanAmSat International Systems, Inc., a Delaware corporation
("Buyer"), having a principle place of business at Xxx Xxxxxxxx Xxxxx,
Xxxxxxxxx, Xxxxxxxxxxx 00000, and Xxxxxx Space and Communications Company, a
Delaware corporation ("Contractor"), having a principle place of business at 000
Xxxxx Xxxxxxxxx Xxxxxxxxx, Xx Xxxxxxx, Xxxxxxxxxx 00000, amends that certain
Fixed Price Contract for DOMESTIC 1, DOMESTIC 2, AND OPTION, Spacecraft, Related
Services, and Documentation dated as of October 09, 1998 (Contract No.
98-PAS-002)(the "Agreement").
RECITALS
WHEREAS, Buyer and Contractor are party to the Agreement, providing for
Buyer to purchase and Contractor to provide the Spacecraft, Documentation, and
Related Services as therein specified;
WHEREAS, the parties now desire to amend the Agreement;
AGREEMENT
NOW, THEREFORE, the Parties hereby agree to amend and restate the
Agreement as follows:
1. All references in the Agreement to "Domestic 1" are hereby amended to
"Galaxy 10R" and all references in the Agreement to "Domestic 2" are
hereby amended to "Galaxy 4R".
2. ARTICLE 5. PRICE is hereby amended as follows:
Section 5.1(b). Section 5.1(b) is hereby amended by replacing
[**************************************************] with
[********************************************************]
[***] Filed separately with the Commission pursuant to a request for
confidential treatment.
1
Amendment No. 1
Domestic 1, Domestic 2, and Option Contract
--------------------------------------------------------------------------------
3. ARTICLE 6. PAYMENTS is hereby amended as follows:
(a) Section 6.2. Table 6.2.2 is replaced in its entirety with the
following:
[********]
[*********************]
[*****] [********************] [******************]
[***] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*] [***] [***]
[*********************] [***] [***]
[********************** [***] [***]
*********************]
[********************** [***] [***]
**********************]
-------------
[**********************]
[***] Filed separately with the Commission pursuant to a request for
confidential treatment.
2
Amendment No. 1
Domestic 1, Domestic 2, and Option Contract
--------------------------------------------------------------------------------
4. Each capitalized term used but not defined in this Amendment shall have
the meaning ascribed to such term in the Agreement. Except as amended
by this Amendment, the Agreement shall continue in full force and
effect. This Amendment may be signed in one or more counterparts, each
of which shall constitute an original and together which shall
constitute one and the same instrument.
IN WITNESS WHEREOF, the Parties have executed this Amendment No. 1 to the
DOMESTIC 1, DOMESTIC 2, AND OPTION Agreement.
XXXXXX SPACE AND PANAMSAT CORPORATION
COMMUNICATIONS COMPANY
By: /s/ Xxxxxx X. Xxxxxxx By: /s/ Xxxxxx Xxxxxxxx
------------------------------- -----------------------------
Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxxx
------------------------------- -----------------------------
(printed) (printed)
Title: Contract Manager Title: Chief Technology Officer
------------------------------- -------------------------
Date: 2/18/99 Date: 3/9/99
3