GUARANTEE NOVATION AGREEMENTGuarantee Novation Agreement • February 21st, 2013 • Telesat Holdings Inc. • Ontario
Contract Type FiledFebruary 21st, 2013 Company JurisdictionThis GUARANTEE NOVATION AGREEMENT, dated as of August 3, 2012 (this "Agreement"), is by and among Loral Space & Communications Inc. ("Loral”), a Delaware corporation, MacDonald, Dettwiler and Associates Ltd., a Canadian corporation ("New Guarantor'"), and Telesat Canada, a Canadian corporation (the "'Customer").