AMENDMENT XX. 00
XXXXXXXX XX. 000000
DIRECT BROADCAST SATELLITE CONTRACT
DATED JUNE 15, 0000
XXXXXXX
XXXXXX XXXXXX SATELLITE BROADCASTING COMPANY, INC.
AND
LOCKHEED XXXXXX CORPORATION
THIS AMENDMENT NO. 14 is effective December 31, 1997.
WHEREAS, United States Satellite Broadcasting Company Inc. (USSB) requires
additional time to evaluate its alternatives with regard to the eight (8)
channel spacecraft described in Exhibit A2 of the Contract and requests an
extension of the System Definition Phase before authorizing Lockheed Xxxxxx
Corporation (hereinafter referred to as "Contractor") to proceed with
Construction Phase Commencement ("CPC") of the eight (8) channel spacecraft; and
WHEREAS, the Contractor is willing to grant such an extension and reschedule the
CPC for the eight (8) channel spacecraft in accordance with the changes made
herein;
NOW THEREFORE, in consideration of the promises and mutual covenants herein
contained, USSB and the Contractor (hereinafter referred to as the "Parties")
agree to the following:
I. Change the date of the eight (8) channel spacecraft CPC and the date USSB
must notify the Contractor of USSB's intent not to proceed to December 31,
1998.
II. All other dates specified in the Contract's ARTICLE 3. DELIVERABLE ITEMS
AND DELIVERY SCHEDULE and ARTICLE 4. PAYMENT, beginning with the CPC
payment number thirteen (13), are deferred twelve (12) months from the date
specified in previous Amendment No. 13. Thus, payment number thirteen (13)
is due on December 31, 1998, and payment number fourteen (14) is due on
January 31, 1999, and so forth, through payment number fifty-six (56).
III. Prior to CPC for the eight (8) channel spacecraft, the Parties agree to
modify the Articles and Exhibits of this Contract. Such modifications
shall, at a minimum, include revising Exhibit A2 to specify Contractor's
Series A2100 spacecraft as well as appropriate adjustments to the delivery
schedule, price, and progress payment plan. In the event that
the Parties do not agree to such modifications as evidenced by a written
amendment to this Contract, or a new similar written agreement, by the
date of the CPC, but in no event later than December 31, 1998, this
Contract shall be considered terminated for the convenience of USSB in
accordance with Article 15. Notwithstanding the provisions of Article
15, all payments made by USSB to the Contractor shall be retained in
their entirety by the Contractor.
IV. In consideration of the extension to this Contract USSB agrees to pay
Lockheed Xxxxxx, upon invoice, the sum of Fifty Thousand Dollars ($50,000)
on or before January 31, 1998.
IN WITNESS THEREOF, the Parties have caused this Amendment No. 14 to be signed
by their duly authorized officer or representative.
Lockheed Xxxxxx Corporation United States Satellite Broadcasting Company, Inc.
By: /s/ Wm. X. Xxxxxxxxx By: /s/ Xxxxxx X. Xxxxxxx
------------------------ -----------------------------
Wm. X. Xxxxxxxxx Xxxxxx X. Xxxxxxx
Contract Manager Executive Vice President
Lockheed Xxxxxx
Telecommunications
