Contract
EXHIBIT 4.11
FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND DENOTED
BY ASTERISKS [[***]].
THIRTEENTH AMENDMENT TO
AGREEMENT 319-I
AGREEMENT 319-I
ON THIS 15 DAY OF SEPTEMBER, 2006 (THE “EXECUTION DATE”), THIS THIRTEENTH AMENDMENT TO AGREEMENT
NUMBER 319-I, IS ENTERED INTO BY AND BETWEEN XXXXXX NETWORK SYSTEMS, LLC, A LIMITED LIABILITY
COMPANY ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF DELAWARE; SUCCESSOR IN INTEREST TO
XXXXXX NETWORK SYSTEMS, A DIVISION OF XXXXXX ELECTRONICS CORPORATION. WHICH SHALL HEREINAFTER BE
NAMED “THE CLIENT”, REPRESENTED IN THIS ACT BY XX. XXXXXX X. X’ XXXXX, IN HIS CAPACITY AS
VICE-PRESIDENT, AND AS THE OTHER PARTY BY SATELITES MEXICANOS, S.A. DE C.V., WHICH SHALL
HEREINAFTER BE NAMED “SATMEX”, A CORPORATION ORGANIZED AND EXISTING UNDER THE LAWS OF MEXICO,
REPRESENTED BY XX. XXXXXX XXXXXX XXXXX XXXXXX MAZA, IN HIS STATUS AS CHIEF EXECUTIVE OFFICER
(C.E.O.), PURSUANT TO THE FOLLOWING:
A N T E C E D E N T S
1.- | On January 20, 2000, SATMEX and XXXXXX ELECTRONICS CORPORATION, through THE CLIENT, executed the agreement number 319-I, hereinafter the “Agreement”. | |
2.- | On May 16, 2000, SATMEX and XXXXXX ELECTRONICS CORPORATION, through THE CLIENT amended the Agreement, hereinafter the “First Amendment”, in order to substitute transponder [***] for [***]. | |
3.- | On January 1, 2001, SATMEX and XXXXXX ELECTRONICS CORPORATION, through THE CLIENT entered into a second amendment to the Agreement, hereinafter the “Second Amendment”, in which XXXXXX’x obligation to take the [***] and [***] transponders changed from [***]. | |
4.- | On March 1, 2001, SATMEX and XXXXXX ELECTRONICS CORPORATION, through THE CLIENT entered into a third amendment to the Agreement, hereinafter the “Third Amendment”, in which XXXXXX’x obligation to take the [***]. | |
5.- | On May 20, 2001, SATMEX and XXXXXX ELECTRONICS CORPORATION, through THE CLIENT entered into a fourth amendment to the Agreement, hereinafter the “Fourth Amendment”, in which the Parties agreed to substitute transponder [***]. | |
6.- | On January 1, 2002, SATMEX and XXXXXX ELECTRONICS CORPORATION, through THE CLIENT entered into a Fifth Amendment to the Agreement, in which the Parties [***] hereinafter the “Fifth Amendment”. | |
7.- | On February 3, 2003, SATMEX and XXXXXX ELECTRONICS CORPORATION entered into a sixth amendment to the Agreement in which the Parties agreed to [***], hereinafter the “Sixth Amendment”. | |
8.- | On March 24, 2003, SATMEX and XXXXXX ELECTRONICS CORPORATION through THE CLIENT entered into a seventh amendment to the Agreement in which, among others, THE CLIENT [***], hereinafter the “Seventh Amendment”. | |
9.- | On May 1, 2003, SATMEX and XXXXXX ELECTRONICS CORPORATION through THE CLIENT entered into an eighth amendment to the Agreement in which, among others, THE CLIENT exercised the [***] under the Second clause of the Seventh Amendment, hereinafter the “Eighth Amendment”. | |
10.- | On September 7, 2004, SATMEX and XXXXXX ELECTRONICS CORPORATION through THE CLIENT executed into a ninth amendment to the Agreement in which, among others, THE CLIENT [***] in Satmex 5 satellite, transponder [***], in band [***] hereinafter the “Ninth Amendment”. |
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EXHIBIT 4.11
FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND DENOTED
BY ASTERISKS [[***]].
11.- | On December 1, 2005, SATMEX and XXXXXX ELECTRONICS CORPORATION through THE CLIENT executed into an tenth amendment to the Agreement in which, among others, THE CLIENT [***] will be applied to CLIENT’S Bottom of Social Cover Program [***] hereinafter the “Tenth Amendment”. | |
12.- | On January 20, 2006, SATMEX and XXXXXX ELECTRONICS CORPORATION through THE CLIENT executed into an eleventh amendment to the Agreement in which, among others, THE CLIENT [***] on Satmex 5 satellite for [***], hereinafter the “Eleventh Amendment”. | |
13.- | SATMEX and Loral Skynet (“Loral Skynet”) a division of Loral Spacecom Corp entered into an Agreement for [***] on Satmex 5, hereinafter the [***]. | |
14.- | On September 7, 2005, SATMEX entered into a company’s reorganization under Mexican reorganization law called “Concurso Mercantil” according to sentence dictated by Judge Second of District in Civil Matter, in the Federal District. On August 4, 2006, this process ended successfully by the sentence dictated by Judge Second of District in Civil Matter, in the Federal District. | |
15.- | On February 1, 2006, SATMEX and XXXXXX ELECTRONICS CORPORATION through THE CLIENT executed into a Twelfth Amendment to the Agreement in which THE CLIENT [***] on Satmex 5 satellite [***] TRANSPONDER/MONTH in Satmex 5, hereinafter the “Twelfth Amendment”, related with thirteen Antecedent. | |
16. | On August 11, 2006, SATMEX entered into a company’s reorganization under Chapter Eleven law according to Bankruptcy Court for the Southern District of New York. |
After effected the foregoing antecedents, the Parties agree to enter into this Thirteenth Amendment
and bind themselves pursuant to the following:
C L A U S E S
FIRST.- SATMEX SERVICES
The Parties agree [***] transponders to the capacity contracted on the Twelfth Amendment,
therefore SATMEX will provide THE CLIENT the SPACE SEGMENT CAPACITY (as defined below)
service under the terms and conditions established herein and to perform its other
obligations hereunder. THE CLIENT agrees to pay SATMEX for providing such service, the price
established in Second clause herein (Rate of Service).
The service provided under this Thirteenth Amendment shall be provided as an international
service of signal conduction via satellite, through the Mexican Satellite System, by means
of [***] meeting the PERFORMANCE PARAMETERES (as set forth in Exhibit A of this Thirteenth
Amendment), as a Non-Preemptible service, in the [***] band, of Satmex 6 satellite (THE
SPACE CAPACITY). THE SPACE CAPACITY will total [***] transponders of [***] each THE CLIENT
will build up THE SPACE CAPACITY utilization in segments of [***] transponder of [***] in
accordance with the calendar below.
SATMEX and THE CLIENT acknowledge that the TERM under which the SPACE CAPACITY will be
provided will be of [***] of the [***] transponders segments under this Thirteenth
Amendment.
STAR DATE | CAPACITY INCREMENT | END DATE | ||
[***] [***] [***] [***] [***] |
[***] transponder [***] transponder [***] transponder [***] transponder [***] transponder |
[***] [***] [***] [***] [***] |
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EXHIBIT 4.11
FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND DENOTED
BY ASTERISKS [[***]].
For the capacity starting [***], THE CLIENT may delay the START DATE of THE SPACE CAPACITY
by [***] weeks, only if it provides SATMEX with written notification with at least [***]
weeks prior to the established START DATE. In such case, the END DATE for that period will
be adjusted so the TERM for that segment will be set to [***] months.
THE CLIENT may anticipate THE SPACE CAPACITY prior to the START DATE established, subject to
Availability. “Availability” means in respect of any transponder, that such transponder is
not subject to a binding agreement between SATMEX and a third party for its lease, sale or
use and its use by THE CLIENT hereunder is not otherwise restricted by any law, rule or
regulation applicable to SATMEX.
In addition to the [***] transponders of THE SPACE CAPACITY, THE CLIENT will have the right
to increase [***] transponders subject to “Availability”, for which SATMEX, will notify the
availability of this capacity to THE CLIENT, no later than [***]. The TERM for these
additional [***] transponders will be of [***] from START DATE of [***] and an END DATE of
[***].
SECOND.- RATE OF SERVICE
The monthly rate per transponder is defined by the RATE CARD table established on THIRD
clause of the TWELFTH AMMENDMENT that applies for capacity on Satmex 5 and Satmex 6
Satellites. The price will be given by the accumulated capacity on both satellites.
SATMEX will apply [***] on the RATE OF SERVICE for [***] of THE TERM of each segment of THE
SPACE CAPACITY committed in this Thirteenth Amendment. This [***] will apply [***] for each
segment of SPACE CAPACITY.
THE CLIENT will have the right to [***] on Satmex 6, from [***] to [***]. This [***] should
be the same that THE CLIENT will commence using on [***].
THE CLIENT agrees that it should pay SATMEX for the SPACE SEGMENT CAPACITY of [***]
transponders in Satmex 6 the minimum total amount of [***]. This amount could be higher
according to the RATE CARD, and if there is a change in any of the START DATES of the SPACE
SEGMENT CAPACITY. In addition, if THE CLIENT increases the [***] transponders mentioned in
the last paragraph of the First clause SATMEX SERVICES, the minimum total amount will be
increased by at least [***].
THIRD.- [***]
The term “CPI” shall mean the percentage increase (if any) in the Customer Price Index-U.S.
City Average (all items), as published by the Department of Labor, Bureau of Labor
Statistics.
FOURTH- [***]
FIFTH.- NOTICES
All notices to be provided under this Amendment shall be in writing and shall be delivered
either (i) personally with the corresponding acknowledgment of receipt; (ii) by registered
mail with acknowledgment of receipt; (iii) by an electronic fax transmission with
confirmation via email; or (iii) by any electronic mean with acknowledgement of receipt, to
the following addresses, fax numbers or e-mail addresses:
If to THE CLIENT:
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EXHIBIT 4.11
FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND DENOTED
BY ASTERISKS [[***]].
XXXXXX NETWORK SYSTEMS, INC. | ||||||
00000 Xxxxxxxxxxx Xxxx. | ||||||
Xxxxxxxxxx XX 00000, XXX | ||||||
Phone: | + (000) 000 0000 | |||||
Fax: | + (000) 000 0000 | |||||
E-Mail: | xxxxxxxx@xxx.xxx | |||||
Attn: | Xxxxxxx Xxxxxxxx | |||||
Senior Manager Satellite | ||||||
Billing Contact: | ||||||
XXXXXX NETWORK SYSTEMS, INC. | ||||||
00000 Xxxxxxxxxxx Xxxx. | ||||||
Xxxxxxxxxx XX 00000, XXX | ||||||
Phone: | + (000) 000 0000 | |||||
Fax: | + (000) 000 0000 | |||||
E-Mail: | xxxxxxxxx@xxx.xxx | |||||
Attn: | Xxxxx Xxxxxxxxx | |||||
Vice-President Operations | ||||||
If to SATMEX: | ||||||
Satélites Mexicanos, S.A. de C.V. | ||||||
Xxxxxxx Xxxxx No. 86, Piso 4. | ||||||
Colonia Lomas de Xxxxxx | ||||||
X.X. 00000, Xxxxxx, Xxxxxxxx Xxxxxxx | ||||||
Phone: | + (00 00) 00 00 00 00 | |||||
Fax: | + (00 00) 00 00 00 00 | |||||
E-Mail: | xxxx.xxxxxxxxxxx@xxxxxx.xxx | |||||
Attn: | Xxxx Xxxxx Grovas Xxxxxxxx | |||||
Sales Director | ||||||
Billing Contact: | ||||||
Satélites Mexicanos, S.A. de C.V. | ||||||
Xxxxxxx Xxxxx Xx. 00, Xxxx 0 | ||||||
Xxxxxxx Xxxxx xx Xxxxxx, | ||||||
X.X. 00000, Xxxxxx Xxxxxxx, Xxxxxxxx Xxxxxxx. | ||||||
Phone: | + (00) 00 0000-0000 Ext.717 | |||||
+ (00) 00 0000-0000 | ||||||
Fax: | + (00) 00 0000-0000 | |||||
E-Mail: | xxxxx@xxxxxx.xxx | |||||
xxxxx@xxxxxx.xxx | ||||||
Attn: | Xxxxxx Real Xxxxxxx, o | |||||
Xxxxxx Xxxx Xxxxxx | ||||||
Billing and Collection Manager | ||||||
THE CLIENT shall notify SATMEX in writing of any modification to the information provided above, within the following five (5) days of any modification. |
SIXTH.- The Parties agree that no modification is possible in this Thirteenth Amendment.
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EXHIBIT 4.11
FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND DENOTED
BY ASTERISKS [[***]].
SEVENTH.- For the application and interpretation of this Thirteenth Amendment, the Parties decide
to apply the Arbitration established in article 33 of the general terms and conditions of the
Agreement.
EIGHTH.-The Parties agree that except as specifically amended hereby the Agreement and all its
amendments shall remain in full force and effect in accordance with its terms.
This Thirteenth Amendment along is signed in counterparts, one copy remaining in possession of each
party, in Mexico City, as of the Execution Date first written above.
FOR THE CLIENT | FOR SATMEX | |
/s/ XXXXXX X. O ´BRIEN | /s/ XXXXXX XXXXXX XXXXX XXXXXX XXXX | |
XXXXXX K. O ´BRIEN VICE PRESIDENT |
XXXXXX XXXXXX XXXXX XXXXXX MAZA CHIEF EXECUTIVE OFFICER |
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EXHIBIT 4.11
FOIA CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN
INFORMATION IN THIS AGREEMENT. THIS INFORMATION HAS BEEN REDACTED AND DENOTED
BY ASTERISKS [[***]].
EXHIBIT — A
[***]
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