0001104659-05-024092 Sample Contracts

REGISTRATION RIGHTS AGREEMENT Concerning NEW SKIES SATELLITES HOLDINGS, LTD.
Registration Rights Agreement • May 17th, 2005 • New Skies Satellites Holdings Ltd. • Communications services, nec • New York

REGISTRATION RIGHTS AGREEMENT, dated as of May 13, 2005 (the “Agreement”), by and between New Skies Satellites Holdings Ltd., a limited liability company organized under the laws of Bermuda (the “Company”), the Blackstone Investors (as hereinafter defined), and the Senior Managers (as hereinafter defined) and any other Person that shall from and after the date hereof acquire or otherwise be the transferee of any Registrable Securities and who shall become a signatory hereto (herein referred to collectively as the “Holders” and individually as a “Holder”).

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FORM OF NEW SKIES SATELLITES HOLDINGS LTD. 2005 STOCK INCENTIVE PLAN NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • May 17th, 2005 • New Skies Satellites Holdings Ltd. • Communications services, nec • Delaware

THIS AGREEMENT, is made effective as of [ ], 2005 (the “Date of Grant”) at [ ] (the “Time of Grant”), between New Skies Satellites Holdings Ltd. (the “Company”) and [ ] (the “Participant”).

FORM OF NEW SKIES SATELLITES HOLDINGS LTD. 2005 STOCK INCENTIVE PLAN NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • May 17th, 2005 • New Skies Satellites Holdings Ltd. • Communications services, nec • Delaware

THIS AGREEMENT, is made effective as of [ ], 2005 (the “Date of Grant”) at [ ] (the “Time of Grant”), between New Skies Satellites Holdings Ltd. (the “Company”) and [ ] (the “Participant”).

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