EQUITY COMMITMENT, RESTRUCTURING SUPPORT AND CONSENT AGREEMENTEquity Commitment, Restructuring Support and Consent Agreement • May 20th, 2013 • Globalstar, Inc. • Communications services, nec • New York
This Equity Commitment, Restructuring Support and Consent Agreement (together with the Annexes attached hereto, this “Agreement”), dated as of May 20, 2013 and effective as of the Effective Date (as defined below), is entered into by and among (i) Globalstar, Inc. (“Globalstar” or the “Borrower”), (ii) the undersigned domestic subsidiaries of Globalstar (each, a “Subsidiary Guarantor,” and, together with Globalstar and its other subsidiaries and affiliates, the “Company”), (iii) BNP Paribas, acting in its capacities as facility agent, security agent and Chef de File (in such capacities, the “Agent”) under that certain COFACE Facility Agreement, dated as of June 5, 2009 (as amended, restated, supplemented and/or otherwise modified from time to time through the date hereof, the “Facility Agreement”) among Globalstar, as borrower, BNP Paribas, Société Générale, Natixis, Crédit Agricole Corporate and Investment Bank, and Crédit Industriel et Commercial, as mandated lead arrangers, the Agen
