SETTLEMENT AGREEMENTSettlement Agreement • December 17th, 2010 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment
This Settlement Agreement and Claim Release (“Agreement”) is made and entered into this 15th day of December 2010 between XL Specialty Insurance Company (“XL”), Arch Insurance Company (“Arch”) and U.S. Specialty Insurance Company (“USSIC”) (collectively, the “QSPs”), Loral Space & Communications Inc. (“Loral”), Mark H. Rachesky, Hal Goldstein and Sai S. Devabhaktuni (the “ Director Defendants”), and (for purposes of paragraphs 6 and 7 and 9 through 20 only) MHR1 (collectively the “Parties”).
