Intelsat, Ltd. and FTI Consulting Engagement Contract Rate Adjustment Letter (January 2006)
This letter from FTI Consulting to Intelsat, Ltd. notifies Intelsat of updated hourly billing rates for temporary employees, effective January 1, 2006, under their existing engagement contract. The letter specifies new rates for various consulting roles and confirms that a specific flat monthly rate for one consultant remains unchanged. The letter serves as an official amendment to the billing terms of the ongoing consulting arrangement between the two companies.
Exhibit 10.4
 | 2001 Ross Avenue Suite 400 Dallas, Texas 75201 Phone: (214) 397-1605 Fax: (214) 397-1790 www.fticonsulting.com |
January 31, 2006
David McGlade
Intelsat, Ltd.
Wellesley House North, 2nd Floor
900 Pitts Bays Road
Pembroke, Bermuda HM08
| Re: | Intelsat, Ltd. |
Project No. 010412.0002
Dear Dave:
Pursuant to Schedule I of our Engagement Contract with Intelsat, Ltd. dated June 27, 2005, this letter is to inform you that our standard billing rates have changed as of January 1, 2006. Our updated standard hourly rates for additional Temporary Employees are as follows:
| Per Hour | |||
| Senior Managing Director | $ | 595-655 | |
| Director / Managing Director | $ | 435-590 | |
| Associates / Consultants | $ | 215-405 | |
| Administrative | $ | 95-100 | |
Please note that Bob Medlin’s flat rate of $85,000 per month remains unchanged. If you have any questions regarding this letter, please call me at (212) ###-###-####.
| Sincerely, |
| /s/ Marc J. Glogoff |
| Marc J. Glogoff |
