Pursuant to 17 CFR 240.24-b, confidential information has been omitted in places marked “[***]” and has been filed separately with the Securities and Exchange Commission pursuant to a Confidential Treatment Application filed with the Commission...
Exhibit 10.7
Pursuant to 17 CFR 240.24-b, confidential information has been omitted in places
marked “[***]” and has been filed separately with the Securities and Exchange
Commission pursuant to a Confidential Treatment Application filed with the Commission
Amendment No:2 to Statement of Work #
This Amendment of SBSS Integration Support SOW is made this day of December 2008 by and between Elektrobit Inc. (“Elektrobit” or “EB”) and TerreStar Networks Inc. (“TerreStar” or “TSN”) for the on-site support of Xxxxxx SBSS Integration activities, and is governed by the Master Development and Licensing Agreement between Elektrobit and TerreStar dated August 10, 2007 (“Agreement”).
1 Period of Performance
Terrestar has requested to extend SBSS Integration support SOW with extra working period of [***] months, starting on or around [***] and ending on or [***].
2 Project Overview
The main objectives for extended working period are:
[***]
3 Schedule
| Milestones |
Target Date | |
| [***] |
[***] | |
| [***] |
[***] | |
| [***] |
[***] | |
| [***] |
[***] |
4 Acceptance of Deliverables
Additionally, TerreStar reserves the right to terminate the SOW at Milestone [***].
5 Pricing and Payment
If TerreStar terminates this SOW at Milestone [***], Terrestar will pay EB a prorated amount of the price listed in Section 5.1 below.
| Amendment No: 1 of SBSS Integration Support SOW 12 December 2008 |
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5.1 Pricing
EB will perform the Services set forth in the SOW on a hourly rate basis:
| • | The hourly rate for one EB personnel assigned to the project will be $[***] per hour. |
| • | Travel, daily allowances, possible overtime work and accommodation expenses shall be authorized by Terrestar in advance. Expenses will be invoiced to Terrestar at Elektrobit’s actual costs plus a [***]% administrative fee. |
| Phase |
Description |
Total | |||
| [***] |
[***] | $ | [***] | ||
| [***] |
[***] | $ | [***] | ||
| [***] | $ | [***] | |||
| Not to exceed amount | $ | 76,496 | |||
| TerreStar Networks Inc. | Elektrobit, Inc. | |||||||
| By: | /s/ Xxxxx Xxxxxxxx |
By: | /s/ Vesa Raudaskoski | |||||
| Name: | Xxxxx Xxxxxxxx | Name: | Vesa Raudaskoski | |||||
| Title: | SVP | Title: | President | |||||
| Date: | January 29, 2009 | Date: | February 5, 2009 | |||||
| Amendment No: 1 of SBSS Integration Support SOW 12 December 2008 |
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