Amendment No. 1 to Core Network Contract Between Ericsson Inc. and Globalstar, Inc.

Contract Categories: Business Finance › Modification Agreements
Summary

Ericsson Inc. and Globalstar, Inc. have agreed to amend their existing Core Network Contract, effective April 2, 2015. This amendment updates the contract by adding and removing certain hardware, software, and services as specified in the agreement. All other terms of the original contract remain unchanged and in effect. The amendment is executed by authorized representatives of both companies.

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EX-10.1 2 exhibit101ericssoncontract.htm EXHIBIT 10.1 Exhibit101EricssonContractAmendment





Exhibit 10.1


Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934. Such portions are marked “[*]” in this document; they have been filed separately with the Commission.

Amendment No. 1

This Amendment No.1 to Contract Number # ERI-MAS-02007 (the “Contract” or the “Core Network Contract”) effective as of April 2, 2015 (“Amendment No.1 Effective Date”) is entered into by and between Ericsson Inc., a Delaware corporation (“Ericsson”), with a place of business at 6300 Legacy Drive, Plano TX 75024 and Globalstar, Inc., a Delaware corporation (“Globalstar”) with its principal place of business 300 Holiday Square Blvd, Covington LA 70433 (each a “party” and collectively the “parties”).

WHEREAS, the parties desire to amend the Contract to add and remove certain hardware, software and services as described.
THEREFORE, the following changes and/or additions to the SOW are hereby agreed to by the parties:
1. [*]
2. [*]
3. [*]
 
4. Except as amended hereby, the Contract will continue on in full force and effect.

IN WITNESS WHEREOF, the parties to this Amendment No. 1 have caused their authorized representatives to execute this Amendment No. 1.

ERICSSON INC.                GLOBALSTAR, INC.

By: /s/ Johan Westerberg            By: /s/ Paul A. Monte            

Name: Johan Westerberg            Name: Paul A. Monte            

Title: Vice President of Sales            Title: Vice President, Engineering & Operations