Attachment BOND

This document pretains to SAT-LOA-20030827-00177 for Application to Launch and Operate on a Satellite Space Stations filing.

IBFS_SATLOA2003082700177_373790

                                STE PTO E sJoH N S O N                 LLP

                                         A T T O R N E Y S AT   LAW




Philip L. Malet                                                                  1330 Connecticut Avenue. NW
202.429.6239                                                                      Washington, DC 20036-1795
pmalec@scepcoe.com                                                                          Tel 202.429.3000
                                                                                             Fax 202.429.3902
                                                                                                  steptoe.com




January 7,2004



Via HAND DELIVERY

Marlene H. Dortch
Secretary
Federal Communications Commission
445 12th Street, SW
Washington, D.C. 20554

Re:    Bond Filing for EchoStar-123W
       SAT-LOA-20030827-001 77, Call Sign S2490 (granted Dec. 8,2003)

Dear Ms. Dortch

              Pursuant to the terms and conditions of the above-referenced authorization, 47 C.F.R. 9
25.149 and the Public Notice, DA 03-2602, 18 FCC Rcd 16283 (2003), EchoStar Satellite L.L.C.
(formerly known as EchoStar Satellite Corporation) hereby files the attached bond with the Commission
in the amount of $5 million.

               Please find attached five copies of the bond, and one additional copy to be date-stamped
and returned to us with our messenger.

              Please contact the undersigned if you have any questions about this filing.

                                             Respectfully submitted,


                                             Pantelis Michalopoulos          /
                                             Philip L. Malet

Attachment (License and/orPermit Continuous Bond No. 08727120)




            WASH I N G T O N     PHOENIX          LOS ANGELES          LONDON        BRUSSELS


aaaa
January 7,2004
Page 2


Cc:   Jennifer Gilsenan
      Fern Jarmulnek


                                                                                                  Bond No. 08727120
                             License and/or Permit Continuous Bond
KNOW ALL MEN BY THESE PRESENTS, that we, EchoStar Satellite L.L.C. (formerly known as EchoStar
Satellite Corporation), as Principal, and Fidelity and Deposit Company of Maryland, as Surety, are held and
f d y bound unto the United States Treasury, as Obligee, in the maximum penal sum of Five Million Dollars
($5,000,000.00), as such maximum penal s u m may be reduced pursuant to the terms and conditions set forth below,
for which payment, well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors
and assigns, jointly and severally, f d y , by these presents.

WHEREAS, the above bounden Principal has obtained a license or permit from the Federal Communications
Commission (“FCC”) for authority to construct, launch and operate a Geostationary Satellite pursuant to its
application, SAT-LOA-20030827-00177, Call Sign S2490, in accordance with the terms and conditions set forth in
its authorization, including the filing of this bond with the FCC pursuant to the procedures set forth in Public Notice,
DA 03-2602,18 FCC Rcd 16283 (2003); and

WHEREAS, the Principal is required by law to file with the FCC a bond conditioned as hereinafter set forth;

NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall well and
truly perform each and every obligation set forth below at the time and in the manner specified during the term of
this bond, then this obligation shall be void, otherwise to remain in full force and effect.

PROVIDED HOWEVER, that this bond is subject to the following conditions:

1.       The Geostationary Satellite authorized by the FCC must be constructed, launched and placed in operation
in accordance with the technical parameters and terms and conditions of the grant authorization by the following
specified time periods (milestones):

         a.       Execute a binding contract for construction within one year (12/08/2004);
         b.       Complete the Critical Design Review within two years (12/08/ 2005);
         C.       Commence construction within three years ( 12/08/2006); and
         d.       Launch and begin operations within five years (12/08/2008).

2.      Upon completion of each milestone, confirmation of which will be Ned with the FCC by the Principal, and
issuance of a Public Notice by the FCC c o n f i g same, the maximum penal s u m of the bond shall be reduced by
$1,250,000.00 via a rider to this bond sent to the FCC and the Obligee.

3.       In the event of a Notice of Default (i.e., an order or public notice revoking the Principal’s authorization)
issued by the FCC to the Principal and the Surety regarding the performance of the milestones specified above
during the term of this bond, the Surety shall be liable only up to the current outstanding maximum penal s u m
amount after applicable milestone reductions. It is also understood and unconditionally agreed that upon receipt of
such Notice of Default, the sole remedy under this bond will be the tender of payment of the current outstanding
maximum penal s u m of the bond within thuty (30) business days of such Notice of Default.

Any such Notice of Default made under this Bond shall be made in writing and shall be given by a personal delivery
or expedited delivery service, postage pre-paid, addressed to the parties at the addresses specified below

        To the Surety:     Fidelity and Deposit Company of Maryland
                           Am: Suretyclaims
                           3910 Keswick Rd
                           Baltimore, MD 2121 1

        To the Principal: EchoStar Satellite L.L.C.
                           Attn: General Counsel
                           9601 S. Meridian Blvd.
                           Englewood, CO 801 12


4.      No right of action shall accrue on this bond to or for the use of any person or corporation other than the
Obligee named herein or the heirs, executors, administrators or successors of the Obligee.

5.      If any conflict or inconsistency exists between the Surety's obligations or undertakings as described in this
bond and as described in other documents, statutes or regulations, then the terms of this bond shall prevail.

PROVIDED FURTHER, that regardless of the number of years this bond shall continue or be continued in force and
of the number of premiums that shall be payable or paid the Surety shall not be liable hereunder for a larger amount,
in the aggregate, than the current outstanding maximum penal s u m of this bond.

PROVIDED FURTHER, that this bond shall be effective on the 7' day of January, 2004, and shall cease at such
time as the FCC c o n f i i that the Principal has satisfied all of the milestones set forth in paragraph 1 above, unless
earlier cancelled as provided below.

PROVIDED FURTHER, that if the Surety shall so elect, this bond may be cancelled by the Surety as to subsequent
liability by giving thirty (30) days notice in writing to said Obligee and Principal.

Signed, sealed and dated the'7 day of January, 2004.




By:

        Title:Atto&kj-in-Fact




                                                        -2-


                                      Power of Attorney
                       FIDELITY AND DEPOSIT COMPANY OF MARYLAND
                    COLONIAL AMERICAN CASUALTY AND SURETY COMPANY
KNOW ALL MEN BY THESE PRESENTS That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, and the
                                                                                                         aryland, by PAUL C.
                                                                                                           Article Vl, Section 2,
                                                                                                          ed to be in 111force
and effect on the




                                                            and acknowledgedby the regularly elected officers of the
                                                            er persons. This power of attorney revokes that issued on behalf of

HASLAM, Garry L. WESSELINK, Karen A. FEGGESTAD, dated September 25,2001.
  The said Assistaut secretary does hereby cer@ that the exbact set forth on the reverse side hereof is a true copy of Article VI,
Section2, of the By-Lam of said Companies, and is now in force.
  IN WlTNESS WHEREOF, the said Vice-President and Assistant Secretary have hereunto subscribed their names and
affixed the Corporate Seals of the said FIDELITY AND DEPOSIT COMPANY OF MARYLAND, and the COLONIAL
AMERICAN CASUALTY AND SURETY COMPANY, this 15th day of April, A.D. 2003.

ATTEST                                                       FIDELITY AND DEPOSIT COMPANY OF MARYLAND
                                                       COLONIAL AMERICAN CASUALTY AND SURETY COMPANY




                                          T.E. Smith          Assistant Secretav        Paul C.Rogers              Vice President
    State of Maryland
    City of Baltimore   Iss:

   On this 15th day of April, A.D. 2003, b e f m the subscriier, a Notary Public of the State of Maryland, duly
commissioned and qualified, came PAUL C. ROGERS, Vice President, and T. E. SMITH, Assistant Secretary of the
FIDELITY AND DEPOSn COMPANY OF MARYLAND, and the COLONIAL AMERICAN CASUALTY AND
SURETY COMPANY, to me personally known to be the individuals and officers descriid in and who executed the
preceding instnunent, and they each acknowledged the execution of the same, and being by me duly sworn, severally and
each for himself deposeth and saith, that they are the said officers of the Companies aforesaid, and that the seals affixed to the
preceding instrument is the Corporate Seals of said Companies, and that the said Corporate Seals and their signatures as such
officers were duly affied and subscribed to the said instrument by the authority and direction of the said Corporations.
   IN TESTIMONY WHEREOF, I have hereunto set my hand and aflixed my Official Seal the day and year first above
written.




                                                                         Sandra Lynn Mooney                       Notary Public
                                                                               My Commission Expires: January 1,2004




POA-F 020-5028


             EXTRACT FROM BY-LAWS OF FIDELITY AND DEPOSIT COMPANY OF MARYLAND

  “Article VI, Section 2. The Chairman of the Board, or the President, or any Executive Vice-President, or any of the Senior
Vice-presidents or Vice-Presidents specially authorized so to do by the Board of Directors or by the Executive Committee,
shall have power, by and with the concurrence of the Secretary or any one of the Assistant Secretaries, to appoint Resident
Vice-Presidents, Assistant Vice-Presidents and Attorneys-in-Fact as the business of the Company may require, or to
authorize any person or persons to execute on behalf of the Company any bonds, undertakin& recognizances, stipulations,
policies, contracts, agreements, deeds, and releases and assignments of judgements, decrees, mortgages and instruments in
the nature of mortgages,...and to affix the seal of the Company thereto.”

          EXTRACT FROM BY-LAWS OF COLONIAL AMERICAN CASUALTY AND SURETY COMPANY


  “Article VI, Section 2. The chairmanof the Board, or the President, or any Executive Vice-President,or any of the Senior
Vice-Presidents or Vice-Presidents specially authorized so to do by the Board of Directors or by the Executive Committee,
shall have power, by and with the concurrence of the Secretary or any one of the Assistant Secretaries, to appoint Resident
Vice-Presidents, Assistant Vice-Presidents and Attorneys-in-Fact as the business of the Company may require, or to
authorize any person or persons to execute on behalf of the Company any bonds, undertaking, recognizances, stipulations,
policies, contracts, agreements, deeds, and releases and assignments of judgements, decrees, mortgages and instruments in
the nature of mortgages,...and to affix the seal of the Company thereto.”

                                                       CERTIFICATE

  I, the undersigned, Assistant Secretary of the FIDELITY AMD DEPOSIT COMPANY OF MARYLAND, and the
COLONIAL AMERICAN CASUALTY AND SURETY COMPANY, do hereby certify that the foregoing Power of
Attorney is still in fill force and effect on the date of this certificate; and I do further cemfL that the Vice-President who
executed the said Power of Attorney was one of the additionalVice-presidents specially authorizedby the Board of Directors
to appoint any Attorney-in-Fact as provided in Article VI, Section 2, of the respective By-Laws of the FIDELITY AND
DEPOSIT COMPANY OF MARYLAND, and the COLONIAL. AMERICAN CASUALTY AND SURETY COMPANY.
  This Power of Attorney and Certificate may be signed by facsimile under and by authority of the followingresolution of the
Board of Directors of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND at a meeting duly called and held on
the loth day of May, 1990 and of the Board of Directors of the COLONIAL AMERICAN CASUALTY AND SURETY
COMPANY at a meeting duly called and held on the 5th day of May, 1994.
  RESOLVED: “That the facsimile or mechanically reproduced seal of the company and facsimile or mechanically
reproduced signature of any Vice-president, Secretary, or Assistant Secretary of the Company, whether made heretofore or
hereafter, wherever appearing upon a certified copy of any power of attorney issued by the Company, shall be valid and
binding upon the Company with the same force and effect as though manually affixed.”
  IN TESTIMONY WHEREOF, I have hereunto subscribedmy name and affued the corporateseals of the said Companies,

this   7th           dayof J a n u a r y                    , 2004        .


                                                                                          Assistant Secretary


                                           FIDELITY AND DEPOSIT COMPANY
                                                                     OF MARYLAND
                                                                                   MD 21203
                                                        3910 KESWICK ROAD, BALTIMORE,

                                                                     Statement of Financial Condition
                                                                         As Of December 31,2002
                                                                                   ASSETS
 Bonds ...................!............................................................................................................................   $ 107,143,441
 stocks ...............................................................................................................................................      45,178,462
 Mortgage Loans................................................................................................................................               4,000,000
 Cash in Banks and Offices and Short Term Investments..................................................................                                           564,304
 Other Accounts Receivable ..............................................................................................................                       1,514,882
     TOTAL      ADMITTED           ASSETS .........................................................................................................       $ . 158,401,089


                                  LIABILITIES, SURPLUSAND OTHER FUNDS
 Reserve for Taxes and Expenses ...................................................................................................... $                        252,996
     TOTAL   L~mmrm.................................................................................................................... $                       252,996
 Capital Stock, PaidUp ........................................................................................ 0          5,000,000
  Surplus.................................................................................................................            153,148,093
  SuIplus as regards Policyholders......................................................................................................                    158,148,093
      TOTAL   .........................................................................................................................................   $ 158,401,089


Securities canied at 519,249,112 in the above Statement are deposited as required by law.

Securities carried on the basis prescribed by the National Association of Insurance Commissiantrs. On the basis of
December 31,2001 market quotations for all bonds and stocks owned, the Company’s total admitted assets would be
$160,417,836 and surplus as regardspolicyholders$160,164,840.

I, DAVID A. BOWERS, Corporate Secretary of the FIDELITYAND DEPOSIT COMPANY OF MARYLAND, do hereby
certify that the foregoing statement is a correct exhibit of the assets and liabilities of the said Company on the 3 1st
day of December, 2002.




State of Illinios
CityofSchaumburg                   }      ss:
S u b m i and r         m to,before me. a Notary Public of the State of Illinois, in the City of Schaurnburg,thii 18th day of February,2003.




                        MARL0 G. SARARYN                                                                                                                       Nokwy M l i c
                     Notary Public, Scare of Illinois
                                                                                                                               My Commiseion e x p h February 24.2004.



Document Created: 2004-05-21 17:22:17
Document Modified: 2004-05-21 17:22:17

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