Attachment BOND

BOND

SUBMISSION FOR THE RECORD submitted by MSV

BOND

2005-02-07

This document pretains to SAT-AMD-20031205-00347 for Amended Filing on a Satellite Space Stations filing.

IBFS_SATAMD2003120500347_416915

MSV Mobile Satelite Ventures to ORIGINAl:s somt : hx EWiLs— levagmanncsn February 7, 2005 RECEIVED Via Hand Delivery Ms. Marlene H. Dortch, Secretary FEB — 7 2005 Federal Communications Commission 445 12th Street, S.W. Ts Washington, D.C. 20554 R C eceived Res Performance Bond for MSV—2; Call Sign $2487 File No. SAT—LOA—20030827—00174 FeB 0 9 y No. File SAT—AMD—20031205—00347 ainfey Branch File No. SAT—AMD—20040227—00021 IntormatonalBureay Dear Ms. Dortch: On January 10, 2005, the International Bureau ("Bureau‘") released a decision authorizing Mobile Satellite Ventures Subsidiary LLC (MSV") to launch and operate an L—band Mobile Satellite Service (°MSS") satellit at 63.5°WIL." In accordance with paragraph 57 of this decision and Section 25.165 of the Commission‘s rules, MSV hereby files a copy ofits required $3 million performance bond and related documents. See Order 9 57; 47 C.F.R. § 25.165. Please direct any questions regarding this matter to the undersigned. Very truly yours, CSE Lon C. Levin ce: Thomas Tyez Andrea Kelly ‘ See Mobile Satellite Ventures Subsidiary LLC, Order and Authorization, File Nos. SAT—LOA— 20030827—00174; SAT—AMD—20031205—00347; SAT—AMD—20040227—00021 (January 10 2005) (Order").

Thi bootisoseset is uptente Bond No. 2049262 License and/or Permilt Continuous Bond KNOW ALL MEX BY THESE PRESENTS ht we, Mobil Sulite Vernres Subsiday LLC,as Principal, and Soecilty American a New Fumpbire corpention,as Sursty, e held and i bord uns m United Stres Treasay, as Oblg, in the muzloum perel sem of Th ($3000000.0) US Dolare as sach maxinm perl sun may b redaced prsant o t es and condions set forl below, fr whidh payment, wl and y t be made, we bind ouriclves, ut beis, exsctors admininros, socessos aod arinsJluly and sevenllyfemb, by here presens. WHEREAS, the above boundn Principal hos cbtained a liconse or permit from the Federal Communicarons Comnisalon (GC) for mathorty to constrict, fainch and operate a Geostaionary nelite pursvant to is npolicaton, SAFLO®20030827—00174, SAT—AMD—20031205—00847 and sAEAWD—20040227—00021, Cal Sign S2487 in acsordance withthe termand condtions set forh in it avthorration,incluting the flngof this band with the FCC pursuantto Fis Space Station Licensing Retorm Orter, CC 03—102 (May 18, 2003}, as amended by First Order on Reconsideration, FGC 04— 147 uty 6,2004):and witiiens, me Principalis required y law to e with the FCC a band condtlnsd as hereinafter set fo Now, rHererons, the coNoition of THis OBLIGATION 13 SUCH. hat if the Princisal shall wll n truly perfom mach and overy obllgtion setfoth botow at the thme and in the manner snncitied cering the term fthisbond, then this cbliuton shalfbevalt othervise to remaln in ful force and atfect. PROWIDED HOWEVER, thats bond i ubivet o the folowing conditons: 1. The Geostaioniry Satelite authoreed ty the FCG must be constructed,lasnched and placed in userition in uecordance with the technlcal pararmeters and torms and conditons of the grant wuthorization ty tfollowing specifes ime peris mdestones)s Execute a binding contrct forcanstructon within one year(1/11/08; an se Complate the Crtleal DesignReviow witin two years (1/11/07; Gommence conttrction wihin thwe years(171 1/0Bk and Launeh and begin aperations wthi iveyears (1/12/101. 2. Upon completion of ench milestone confimation of which wil be fied with the CC by the Pinclol, and tssuance of n Pubilc Haton by the FCC contirning same, the maximum penal sur of the bond shallbereduced by $750,000 viaa rideto this bond sentto the FCC and the Obiigen. 3. in the event of a Notice of Defaut (ie. an order or public noion revoling the Princisala authotization} issued by the ECC to the Prinipal and the Suraty regarding the parformance of the amdesiones speeifd sbove daring the term of this band, he Suretyshall be Hable only up t the curmnt cutstanding maximm penal sum amount after ppficable mlastane reductons. it is alo understcod and uncandionally agread that uon reeelot of wich Noticeof Defauts the solo remedy under hibond wl be the tendar of paymant ofthe current outstancing maximum penal sum of the bond within thiry (30)business days t such Naton of Defwal.

Ary such Nerice of Dotoult made undar thie Rand shall be made in wrling ind shall be given by a petsonal delvery or cxpedited delivery service, postage prepaid. addrmasedd to the parties at the addressos specifd below To the Surety.. North Amedean SpaciattyInsurance Company Ar: Surew Caims 1200 Arington Heigtts Road. Sute 400 Hasea. . G0t42 ‘o the Privcpals Molle Sutelite Vontures SubsidharyLLC Altn: ErieSwank 10802 Pariidge Bivd. RestonVa2010r—se16 4. Mo right of acton shall acorue on thisbond o or for the use of any parson ar corporation othr than the Obligee named herein orthe has, excutors. adinitrators or uccessors ofthe Obliges. 5. if any confiet or Inconsstency exits bemeen the Surat‘s obligation or undertstings as diexerned in this band ond as desersed in other documents, satutes or regulations, then the terms of this ho shullpreval. PROVIDED FURTHER, h regardess of the number of ear is bond shal sontinue or be contivued in forem and of the nurmber of premiums that shatl be paysble or paid the Surety shal not be lnble hereonderfoa larger amount, in the nggregate, thin the currenoutetanding maximum penal sur of this bonc. raovioko FuftE®, tht ts bond shall be ffectve on the 8th day of Februmry, 2008, and shatl cvase at such im as the FCC contimthatthe Princiaal hasaatistied ll of the milstones sotforh in paregrach 1 above, unles earlercancelled as provided below. Signag, seaied ond dated the 4P of February, 2008. Princieat M Suelte Vertirs "Lpds [Gtrh Tile: Viee Chatrmm & FQJ Suai mm«-..:,..a.ny AtomeyinFnct

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Document Created: 2005-02-09 16:36:03
Document Modified: 2005-02-09 16:36:03
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