Amendment No. 1 to SBSS Integration Support Statement of Work between Elektrobit Inc. and TerreStar Networks Inc.
This amendment updates the agreement between Elektrobit Inc. and TerreStar Networks Inc. for on-site support of Hughes SBSS Integration activities. It extends the period of performance, outlines objectives for the extended work, and sets new milestones and payment terms. TerreStar may terminate the agreement at a specified milestone, in which case payment will be prorated. Elektrobit will provide services at an hourly rate, with expenses reimbursed as authorized. The total cost will not exceed $48,900. The amendment is governed by the existing Master Development and Licensing Agreement between the parties.
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Amendment No: 1 to Statement of Work #
SBSS Integration Support
This Amendment of SBSS Integration Support SOW is made this day of December 2008 by and between Elektrobit Inc. (“Elektrobit” or “EB”) and TerreStar Networks Inc. (“TerreStar” or “TSN”) for the on-site support of Hughes SBSS Integration activities, and is governed by the Master Development and Licensing Agreement between Elektrobit and TerreStar dated August 10, 2007 (“Agreement”).
1 Period of Performance
Terrestar has requested to extend SBSS Integration support SOW with extra working period of [***], starting on or around [***] and ending on or [***].
2 Project Overview
The main objectives for extended working period are:
[***]
3 Schedule
| Milestones | Target Date | |
| [***] | [***] | |
| [***] | [***] | |
| [***] | [***] | |
| [***] | [***] |
4 Acceptance of Deliverables
Additionally, TerreStar reserves the right to terminate the SOW at Milestone [***].
5 Pricing and Payment
If TerreStar terminates this SOW at Milestone [***]. Terrestar will pay EB a prorated amount of the price listed in Section 5.1 below.
| Amended No. 1 of SBSS Integration Support SOW 12 December 2008 Page 1 of 2 |
5.1 Pricing
EB will perform the Services set forth in the SOW on a hourly rate basis:
| • | The hourly rate for one EB personnel assigned to the project will be $[***] per hour. |
| • | Travel, daily allowances, possible overtime work and accommodation expenses shall be authorized by Terrestar in advance. Expenses will be invoiced to Terrestar at Elektrobit’s actual costs plus a [***]% administrative fee. |
| Phase | Description | Total | |||
| [***] | [***] | $ | [***] | ||
| [***] | [***] | $ | [***] | ||
| [***] | $ | [***] | |||
| Not to exceed amount | $ | 48,900 | |||
| TerreStar Networks Inc. | Elektrobit, Inc. | |||||||
| By: | /s/ David Marshack | By: | /s/ Vesa Raudaskoski | |||||
| Name: | David Marshack | Name: | Vesa Raudaskoski | |||||
| Title: | SVP | Title: | President | |||||
| Date: | December 29, 2008 | Date: | January 2, 2009 | |||||
| Amended No. 1 of SBSS Integration Support SOW 12 December 2008 Page 2 of 2 |
