0000950123-09-004762 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 16th, 2009 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • New York

AGREEMENT, dated as of the 28th day of March, 2006 (the “Effective Date”), and amended and restated as of the 17th day of December, 2008, by and between Loral Space & Communications Inc., a Delaware corporation (the “Company”), Michael B. Targoff (the “Executive”) and those subsidiaries of the Company signatory hereto solely for purposes of Section 14(m) hereof.

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AMENDED AND RESTATED NON-QUALIFIED STOCK OPTION AGREEMENT UNDER LORAL SPACE & COMMUNICATIONS INC. 2005 STOCK INCENTIVE PLAN
Non-Qualified Stock Option Agreement • March 16th, 2009 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • Delaware

THIS AGREEMENT is made as of the 21st day of December 2005 (the “Grant Date”) by and between Loral Space & Communications Inc., a Delaware corporation (the “Company”), and ____________ (the “Optionee”), and is amended and restated as of the 10th day of November 2008.

RESTRICTED STOCK AGREEMENT UNDER THE LORAL SPACE & COMMUNICATIONS INC. 2005 STOCK INCENTIVE PLAN
Restricted Stock Agreement • March 16th, 2009 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment

WHEREAS, the Grantee is now a member of the Board of Directors (the “Board”) of the Company (as hereinafter defined) and the Company desires to have him remain in such capacity and to afford him the opportunity to acquire, or enlarge, his stock ownership in the Company so that he may have a direct proprietary interest in the Company’s success.

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