0001193125-09-250055 Sample Contracts

FORM OF EXCHANGE AGENT AND DEPOSITARY AGREEMENT
Exchange Agent and Depositary Agreement • December 9th, 2009 • Intelsat (Bermuda), Ltd. • Communications services, nec • New York

This Exchange Agent and Depositary Agreement (this “Agreement”) is entered into as of this day of , 2009 by and between Intelsat (Bermuda), Ltd., a company organized under the laws of Bermuda (the “Company”), and Wells Fargo Bank, N.A., a national banking association having a corporate trust office in Minneapolis, Minnesota (hereinafter referred to from time to time as “Wells Fargo”).

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