NOTE ISSUANCE WAIVER UNDER THE REVOLVING CREDIT AGREEMENTCredit Agreement • May 15th, 2001 • Motient Corp • Communications services, nec • New York
Exhibit 10.30e April 2, 2001 Hughes Electronics Corporation 200 N. Sepulveda Boulevard El Segundo, CA 90245-0956 Singapore Telecommunications Ltd. 31 Exeter Road #22-00 Comcentre Singapore 239732 Republic of Singapore Baron Capital Partners, L.P. 767...Motient Corp • May 15th, 2001 • Communications services, nec
In consideration of the April 2, 2001 Waivers, Motient agrees for the benefit of the Guarantors that: 1) in the case of Hughes Electronics Corporation ("Hughes") and Baron Capital Partners, LP ("Baron"), all Warrants issued to each of them as Guarantors under the above-referenced Credit Agreements will be repriced to the closing price of Motient stock as of Friday, March 30, 2001 (i.e. $1.31); and 2) in the case of Singapore Telecommunications Ltd., a new Warrant with respect to 300,000 shares on the same terms as the repriced Hughes and Baron Warrants.
