NOTE ISSUANCE WAIVER UNDER THE TERM CREDIT AGREEMENTWaiver Under the Term Credit 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...Waiver Agreement • May 15th, 2001 • Motient Corp • 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.
NOTE ISSUANCE WAIVER UNDER THE REVOLVING CREDIT AGREEMENTWaiver Under the Revolving Credit Agreement • May 15th, 2001 • Motient Corp • Communications services, nec • New York
