TRANSACTION AGREEMENT Dated as of May 11, 2004 By and Among COMSAT GENERAL CORPORATION, LOCKHEED MARTIN GLOBAL TELECOMMUNICATIONS, LLC (formerly known as COMSAT Government Systems LLC), COMSAT NEW SERVICES, INC., INTELSAT GOVERNMENT SOLUTIONS...Transaction Agreement • August 3rd, 2004 • Intelsat LTD • Communications services, nec • Maryland
This Transaction Agreement (together with the Exhibits, Schedules and Attachments hereto, this “Agreement”) is made as of the 11th day of May 2004, by and among COMSAT GENERAL CORPORATION, a Delaware corporation (“COMSAT General”), LOCKHEED MARTIN GLOBAL TELECOMMUNICATIONS, LLC, a Delaware limited liability company (“LMGT”), COMSAT NEW SERVICES, INC., a Delaware corporation (“CNSI” and, collectively with COMSAT General and LMGT, “Sellers” and each a “Seller”), INTELSAT GOVERNMENT SOLUTIONS CORPORATION, a Delaware corporation (“Buyer”), INTELSAT MTC LLC, a Delaware limited liability company (“MTC” and collectively with Buyer and any Buyer Designees, “Buyers”) and INTELSAT, LTD., a company incorporated and existing under the laws of Bermuda (“Parent”). COMSAT General, LMGT, CNSI, Buyer, MTC and Parent are sometimes referred to herein as a “Party” or collectively as the “Parties”.
