DIRECT AGREEMENTDirect Agreement • June 11th, 2012 • Globalstar, Inc. • Communications services, nec
The project shall include the supply of twenty five (25) satellites plus the long lead items for six (6) subsequent satellites by the Supplier pursuant to the Thales Secured Agreement (as defined below) and the launching of such satellites by Arianespace pursuant to the terms of the launch services contract dated 5 September 2007 to form for the Borrower the second generation satellite constellation (the “Globalstar Project”).
