SECURITY AGREEMENTSecurity Agreement • April 12th, 2017 • ORBCOMM Inc. • Communications services, nec • New York
This SECURITY AGREEMENT (this “Agreement”) is dated as of April 10, 2017 and entered into by and among ORBCOMM INC., a Delaware corporation (the “Issuer”), each of the other undersigned direct and indirect Subsidiaries of the Issuer (each of such undersigned Subsidiaries being referred to herein as a “Subsidiary Grantor” and, collectively, the “Subsidiary Grantors”), each ADDITIONAL GRANTOR that may become a party hereto after the date hereof in accordance with Section 20 hereof (each of the Issuer, each Subsidiary Grantor and each Additional Grantor being referred to herein as a “Grantor” and, collectively, the “Grantors”) and U.S. BANK NATIONAL ASSOCIATION, solely in its capacity as Collateral Agent (in such capacity, together with its successors and permitted assigns, the “Collateral Agent”) for the Secured Parties. Each capitalized term used herein and defined in the Indenture (as defined below) shall be used herein as therein defined. Each capitalized term utilized in this Agreeme
