0001299933-06-004366 Sample Contracts

NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • June 26th, 2006 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • Delaware

THIS AGREEMENT, made as of this 19th day of June, 2006, by and between Loral Space & Communications Inc., a Delaware corporation (the “Company”), and Richard J. Townsend (the “Optionee”).

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NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • June 26th, 2006 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • Delaware

THIS AGREEMENT, made as of this 19th day of June, 2006, by and between Loral Space & Communications Inc., a Delaware corporation (the “Company”), and Dean A. Olmstead (the “Optionee”).

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