0001193125-12-152323 Sample Contracts

Intelsat Global S.A. RCS Luxembourg B149927 Intelsat Global Holdings S.A. RCS Luxembourg B162135 4, rue Albert Borschette
Management Shareholders Agreement • April 5th, 2012 • Intelsat S.A. • Communications services, nec • New York

Reference is made to that certain letter agreement, dated May 8, 2009 (the “Letter Agreement”), by and between Intelsat Global S.A. (f/k/a Intelsat Global, Ltd.) (“Intelsat Global”) and you. Capitalized terms used and not otherwise defined in this letter agreement (this “Amendment”) shall have the respective meanings given them in the Letter Agreement.

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Intelsat Global S.A. RCS Luxembourg B149927 Intelsat Global Holdings S.A. RCS Luxembourg B162135 4, rue Albert Borschette
Intelsat S.A. • April 5th, 2012 • Communications services, nec • New York

Reference is made to (i) that certain Management Shareholders Agreement (as amended from time to time, the “Management Shareholders Agreement”) of Intelsat Global S.A. (f/k/a/ Intelsat Global, Ltd.) (“Intelsat Global”), effective as of February 4, 2008, by and among Intelsat Global, the Sponsor Shareholders (as defined in the Management Shareholders Agreement) and each of the individual shareholders who become parties thereto from time to time and (ii) that certain letter agreement, dated May 6, 2009 (as amended, modified or supplemented, the “Letter Agreement”), by and between Intelsat Global and you and your affiliated trust set forth on the signature pages hereto (the “Trust”). Capitalized terms used and not otherwise defined in this letter agreement (this “Amendment”) shall have the respective meanings given them in the Management Shareholders Agreement.

Intelsat Global S.A. RCS Luxembourg B149927 Intelsat Global Holdings S.A. RCS Luxembourg B162135 4, rue Albert Borschette
Intelsat S.A. • April 5th, 2012 • Communications services, nec • New York

Reference is made to (i) that certain Management Shareholders Agreement (as amended from time to time, the “Management Shareholders Agreement”) of Intelsat Global S.A. (f/k/a/ Intelsat Global, Ltd.) (“Intelsat Global”), effective as of February 4, 2008, by and among Intelsat Global, the Sponsor Shareholders (as defined in the Management Shareholders Agreement) and each of the individual shareholders who become parties thereto from time to time and (ii) that certain letter agreement, dated May 6, 2009 (as amended, modified or supplemented, the “Letter Agreement”), by and between Intelsat Global and you and your affiliated trusts set forth on the signature pages hereto (collectively, the “Trusts”). Capitalized terms used and not otherwise defined in this letter agreement (this “Amendment”) shall have the respective meanings given them in the Management Shareholders Agreement.

Intelsat Global S.A. RCS Luxembourg B149927 Intelsat S.A. RCS Luxembourg B149970 Intelsat Global Holdings S.A. RCS Luxembourg B162135 4, rue Albert Borschette Intelsat Management LLC Washington D.C., DC 20008
Intelsat S.A. • April 5th, 2012 • Communications services, nec • District of Columbia

Reference is made to (i) that certain Employment Agreement dated as of May 6, 2009 (as heretofore amended, the “Employment Agreement”), by and between you, Intelsat Global S.A. (f/k/a Intelsat Global, Ltd.) (“Intelsat Global”) and Intelsat S.A. (f/k/a Intelsat, Ltd.) (“Intelsat” and, together with Intelsat Global, the “Original Employers”) and (ii) the Assignment and Modification Agreement, dated December 21, 2009 (the “Assignment and Modification Agreement”), by and between Intelsat Management LLC (“Intelsat Management”) and the Original Employers, pursuant to which the rights and obligations of the Original Employers under the Employment Agreement were assigned to and accepted by Intelsat Management.

Intelsat Global S.A. RCS Luxembourg B149927 Intelsat Global Holdings S.A. RCS Luxembourg B162135 4, rue Albert Borschette
Intelsat S.A. • April 5th, 2012 • Communications services, nec • New York

Reference is made to (i) that certain Management Shareholders Agreement (as amended from time to time, the “Management Shareholders Agreement”) of Intelsat Global S.A. (f/k/a/ Intelsat Global, Ltd.) (“Intelsat Global”), effective as of February 4, 2008, by and among Intelsat Global, the Sponsor Shareholders (as defined in the Management Shareholders Agreement) and each of the individual shareholders who become parties thereto from time to time and (ii) that certain letter agreement, dated May 6, 2009 (as amended, modified or supplemented, the “Letter Agreement”), by and between Intelsat Global and you and your affiliated trusts set forth on the signature pages hereto (collectively, the “Trusts”). Capitalized terms used and not otherwise defined in this letter agreement (this “Amendment”) shall have the respective meanings given them in the Management Shareholders Agreement.

AMENDMENT NO. 2 TO MANAGEMENT SHAREHOLDERS AGREEMENT AND ASSIGNMENT
Management Shareholders Agreement and Assignment • April 5th, 2012 • Intelsat S.A. • Communications services, nec • New York

This Amendment No. 2 to the Management Shareholders Agreement (this “Amendment”) is made as of March 30, 2012, for the purpose of amending the Management Shareholders Agreement (as amended from time to time, the “Initial Agreement”), dated as of May 6, 2009 and effective as of February 4, 2008, by and among Intelsat Global S.A. (f/k/a/ Intelsat Global, Ltd.), a Luxembourg société anonyme, RCS Luxembourg B149927 (“Intelsat Global”), the Affiliates of the BC Investor (as defined below) signatory hereto (the “Former BC Shareholders”), the Affiliates of Silver Lake (as defined below) signatory hereto (the “Former Silver Lake Shareholders”) and the Management Shareholders (as defined in the Initial Agreement).

Intelsat Global S.A. RCS Luxembourg B149927 Intelsat S.A. RCS Luxembourg B149970 Intelsat Global Holdings S.A. RCS Luxembourg B162135 4, rue Albert Borschette Intelsat Management LLC Washington D.C., DC 20008
Intelsat S.A. • April 5th, 2012 • Communications services, nec • District of Columbia

Reference is made to (i) that certain Employment Agreement dated as of December 29, 2008 (as heretofore amended, the “Employment Agreement”), by and between you, Intelsat Global S.A. (f/k/a Intelsat Global, Ltd.) (“Intelsat Global”) and Intelsat S.A. (f/k/a Intelsat, Ltd.) (“Intelsat” and, together with Intelsat Global, the “Original Employers”) and (ii) the Assignment and Modification Agreement, dated December 21, 2009 (the “Assignment and Modification Agreement”), by and between Intelsat Management LLC (“Intelsat Management”) and the Original Employers, pursuant to which the rights and obligations of the Original Employers under the Employment Agreement were assigned to and accepted by Intelsat Management.

Intelsat Global S.A. RCS Luxembourg B149927 Intelsat S.A. RCS Luxembourg B149970 Intelsat Global Holdings S.A. RCS Luxembourg B162135 4, rue Albert Borschette Intelsat Management LLC Washington D.C., DC 20008
Intelsat S.A. • April 5th, 2012 • Communications services, nec • District of Columbia

Reference is made to (i) that certain Employment Agreement dated as of May 6, 2009 (as heretofore amended, the “Employment Agreement”), by and between you, Intelsat Global S.A. (f/k/a Intelsat Global, Ltd.) (“Intelsat Global”) and Intelsat S.A. (f/k/a Intelsat, Ltd.) (“Intelsat” and, together with Intelsat Global, the “Original Employers”) and (ii) the Assignment and Modification Agreement, dated December 21, 2009 (the “Assignment and Modification Agreement”), by and between Intelsat Management LLC (“Intelsat Management”) and the Original Employers, pursuant to which the rights and obligations of the Original Employers under the Employment Agreement were assigned to and accepted by Intelsat Management.

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