Exhibit 10.2.1
Portions of this exhibit have been omitted pursuant to a request for
confidential treatment filed with the Securities and Exchange Commission. The
omissions have been indicated by asterisks ("*****"), and the omitted text has
been filed separately with the Securities and Exchange Commission.
TRANSFER OF SERVICE AGREEMENT
Playboy Entertainment Group, Inc., ("Former Customer"), having its principal
place of business at 0000 Xxxxx Xxxxxx Xxxxx, Xxx Xxxxxxx, XX 00000, requests
that Loral SpaceCom Corporation, doing business as Loral Skynet(R) ("SKYNET"),
transfer and assign the following service to Andrita Studios, Inc. ("New
Customer"), having its principal place of business at 0000 Xxxxxxx Xx., Xxx
Xxxxxxx, XX 00000.
Service to be transferred and assigned: SKYNET Transponder Service, as described
in Agreement T70102100 between SKYNET and Former Customer, dated effective March
1, 2001 (the "Agreement"). Service under this Agreement consists of one 36MHz
37W C-band Fully Protected transponder (the "Service") on the Telstar 7
satellite, which Service began October 1, 2001 and shall continue through
January 31, 2010 at a monthly rate of $*****
The transfer and assignment will be effective as of February 1, 2004. This
Transfer of Service Agreement acknowledges that Former Customer has paid for
Service provided through January 31, 2004. The Service is not to be interrupted
or relocated at the time the transfer is made.
New Customer agrees to assume all obligations of Former Customer at the time of
transfer. These obligations may include and are not limited to: (1) all
outstanding indebtedness for the Service, (2) the unexpired portion of the
original term of Service and revenue commitment(s), and (3) any unexpired
termination liability(ies). Notwithstanding the foregoing, Former Customer
agrees to remain jointly and severally liable with New Customer for any and all
payment obligations assumed by New Customer hereunder.
FORMER CUSTOMER FORMER CUSTOMER
By: /s/ Xxxxxxxxx Xxxxxxx By: /s/ Xxxxxxxxx Xxxxxxx
(Signature of Authorized Representative) (Signature of Authorized Representative)
Print: Xxxxxxxxx Xxxxxxx Print: Xxxxxxxxx Xxxxxxx
Title: Sr. VP Title: Sr. VP
Date: 2-4-04 Date: 2-4-04
Agreed to by SKYNET:
By: Xxxxxx Xxxxx
(Signature of Authorized Representative)
Print: Xxxxxx Xxxxx
Title: Director, Customer Contracts
Date: 4 Feb 04
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SKYNET and its log are registered trademarks of Loral SpaceCom Corporation
LORAL SKYNET PROPRIETARY
