EX-10.5.1: MEMORANDUM OF AGREEMENT
EX-10.5.1 2 y50519exv10w5w1.htm EX-10.5.1: MEMORANDUM OF AGREEMENT EX-10.5.1
Orbital Sciences Corporation Space Systems Group 21839 Atlantic Blvd., Dulles, VA 20166 703 ###-###-####
Orbital Sciences Corporation Space Systems Group 21839 Atlantic Blvd., Dulles, VA 20166 703 ###-###-####
Orbital Sciences Corporation Space Systems Group 21839 Atlantic Blvd., Dulles, VA 20166 703 ###-###-####
Orbital Sciences Corporation Space Systems Group 21839 Atlantic Blvd., Dulles, VA 20166 703 ###-###-####
Exhibit 10.5.1
ORBCOMM Inc.
2115 Linwood Avenue, Suite 100
Fort Lee, NJ 07024
2115 Linwood Avenue, Suite 100
Fort Lee, NJ 07024
October 10, 2007
Re: Memorandum of Agreement by and between ORBCOMM Inc. (ORBCOMM) and Orbital Sciences Corporation (Orbital) concerning modification to Amendment #1, dated as of April 21, 2006 (the Amendment) of ORBCOMM Concept Demonstration Communication Payload Procurement Agreement B10LG1192, dated November 3, 2004 (the Procurement Agreement). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Amendment.
Ladies and Gentlemen:
This Memorandum of Agreement sets forth the parties agreement to amend certain particulars of the Amendment and, in consideration therefore, Orbital shall deliver and convey to ORBCOMM all right, title, interest and possession to certain equipment as described below.
The liquidated delay damages set forth under Section 3(i) of the Amendment associated delivery of Additional Payloads #3, 4, 5 and 6 are amended to commence on and including the following dates:
Additional Payload #3: | October 4, 2007 | |
Additional Payload (& antenna) #4: | October 11, 2007 (also includes antenna for PL #3) | |
Additional Payload (& antenna) #5: | October 21, 2007 | |
Additional Payload (& antenna) #6: | The date that is 75 days from the receipt by Orbital of the payload plate. |
The restarted liquidated delay damages will be assessed at a rate of $8,500 USD per payload per day starting on the onset dates shown above. The maximum liquidated delay damages shall not exceed a cap of $850,000.00 USD as set forth in the Amendment.
The parties agree that the Holdback Amount of $680,000 under Section 3(vii) of the Amendment shall be paid by ORBCOMM to a mutually agreeable third party escrow agent prior to the launch of one or more of the Additional Payloads and shall be released to ORBCOMM or Orbital, on a pro rata basis, in accordance with the terms of the Amendment.
AP Milestone #9 shall be split to account for the later delivery of Additional Payload #6 as follows: Payment for successful completion of delivery of (i) Additional Payload # 5 and
antenna shall be $350,000 USD and (ii) Additional Payload #6 and antenna shall be $150,000 USD.
Finally, Orbital shall deliver and convey to ORBCOMM all right, title, interest and possession of the EGSE rack of equipment described on attached Schedule 1 (the EGSE Equipment) currently in use by Orbital for the purpose of Additional Payload testing together with the delivery of Additional Payload #5. Orbital agrees that its representations and warranties set forth in Section 9.1 of the Procurement Agreement are true and correct with respect to the EGSE Equipment.
Except as expressly modified in this Memorandum of Agreement, all other terms of the Amendment, including all exhibits thereto, shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Memorandum of Agreement to be executed as of the day and year first written above.
ORBCOMM INC. | ORBITAL SCIENCES CORPORATION | |||||||
By: | /s/ John J. Stolte | By: | /s/ Rob Cramer | |||||
Name: | John J. Stolte | Name: | Rob Cramer | |||||
Title: | EVP TECH & OPS | Title: | Director of Contracts | |||||
Date: | 10/15/07 | Date: | 10/16/07 | |||||
Schedule 1
ITEM | DESCRIPTION | PART NUMER | QTY. | |||||
# | ||||||||
1 | EGSE PAYLOAD RACK A ASSEMBLY | ###-###-####-01 | 1 | |||||
2 | GPS RECEIVER SYMMETRICOM | XL-AK | 1 | |||||
3 | PRECISION C/N GENERATOR NOISE/COM | UFX-BER-IF1 | 1 | |||||
4 | FREQUENCY COUNTER FLUKE | PM6685 | 1 | |||||
5 | POWER METER AGILENT | E4418B | 1 | |||||
6 | POWER HEAD AGILENT | E9301H | 1 | |||||
7 | SPECTRUM ANALYZER HP/AGILENT | 8560B | 1 | |||||
8 | SIGNAL GENERATOR AGILENT | E4434B | 1 | |||||
9 | SIGNAL GENERATOR AGILENT | E4438C | 1 | |||||
10 | ACE-360 COMM INTERFACE ORBITAL | 4AA80000132-01 | 1 | |||||
11 | VME RACK MOUNT CHASSIS SYNERGY | N/A | 1 | |||||
12 | TORREY MODEM CARD TORREY SCIENCE | N/A | 1 | |||||
13 | DSP CARD SYNERGY | DSP-440 | 1 | |||||
14 | VTI CARD 48V SYNERGY | N/A | 1 | |||||
15 | POWER SUPPLY CHASSIS AGILENT | N6700B | 1 | |||||
16 | POWER SUPPLY CHASSIS AGILENT | N6700B | 1 | |||||
17 | POWER SUPPLY CHASSIS AGILENT | N6700B | 1 | |||||
18 | POWER MODULE 0-20V AGILENT | N6743B | 1 | |||||
19 | POWER MODULE 0-20V 15A AGILENT | N6773A | 1 | |||||
20 | POWER MODULE 0-8V AGILENT | N6732B | 1 | |||||
21 | PAYLOAD MONITOR PANEL ORBITAL | ###-###-####-01 | 1 | |||||
22 | EGSE PAYLOAD RACK B ASSEMBLY | ###-###-####-01 | 1 | |||||
23 | SIGNAL GENERATOR HP/AGILENT | 8643A | 1 | |||||
24 | RF SWITCH MATRIX ORBITAL | S158720303Y0-01 | 1 | |||||
25 | ANTENNA SIMULATOR ORBITAL | S158720304Y0-01 | 1 | |||||
26 | RF MONITOR PANEL ORBITAL | ###-###-####-01 | 1 | |||||
27 | Sun Workstation w/pasissim and atlas card software | TBD | 1 | |||||
28 | Sun Keyboard | TBD | 1 |
29 | Sun Mouse | TBD | 1 | |||||
30 | Sun Monitor | TBD | 1 | |||||
31 | Desktop PC w/Labview license and Orbital Labview software | TBD | 1 | |||||
32 | PC Keyboard | TBD | 1 | |||||
33 | PC Mouse | TBD | 1 | |||||
34 | PC Monitor | TBD | 1 | |||||
35 | PAYLOAD EXTERNAL POWER INTERFACE CABLE | ###-###-####-01 | 1 | |||||
36 | PAYLOAD EXTERNAL DATA INTERFACE CABLE | ###-###-####-01 | 1 | |||||
37 | [Removed] | |||||||
38 | RF TEST PORT CABLES | TBD | 3 |