Attachment BondAmendment

BondAmendment

OTHER submitted by Pegasus

Pegasus Bond Amendment

2004-09-29

This document pretains to SAT-LOA-20031119-00336 for Application to Launch and Operate on a Satellite Space Stations filing.

IBFS_SATLOA2003111900336_405552

ShawPittman ur
A Limited Liability Partnership Including Professional Corporations


                                                                        Tony Lin
                                                                        202—663—8000
                                                                        tony.lin@shawpittman.com




                                                                      September 29, 2004

          V14 HAaND DELIVERY


         Marlene H. Dortch                                                            %Z%ECE‘VED
         Office of the Secretary
         Federal Communications Commission                                                   sep 2 9 2004
         445 12th Street, S.W.                                                                                      lesion
         Washington, D.C. 20554                                                              Communications Commt
                       E                                                           Federal    office of Secretary

                                    Re:              Call Sign S$2603
                                                     Amendment to Satellite Bond

         Dear Ms. Dortch:

                 Pegasus Development Corporation ("Pegasus"), by its attorneys, hereby files this
         amendment to its bond for its Ka—band satellite at the 87°W orbital location, reducing the
         bond amount from $5 million to $3 million. See SAT—LOA—20031119—00336. Pursuant
         to a change in 47 C.F.R. 25.165(a)(2), licensees of GSO satellites are required to post a
         bond only in the amount of $3 million. See 69 Fed. Reg. 51586 (August 20, 2004).
                       If you have any questions, please contact the undersigned.
                                                                                   Respectfully submitted,



                                                                                   B2 ce D. Jacobs
                                                                                   Tony Lin
                                                                                   Counselfor Pegasus Development
                                                                                    Corporation
         Attachments
         co:          Fern Jarmulnek
                      Selina Khan
                      Steven Spaeth




                                                                                                                                          Washington, DC
                                                                                                                                          Notthern Virginia
                                                                                                                                          New York
                                                                                                                                          Los Angeles
2300 N Street, NW Washington, DC 20037—1128                           202.663.8000 Fax: 202.663.8007                www.shawpittman.com   London


                                         s U RE T Y               R I D E R


 To be attached to and form a part of

 Bond Number:                 K06807604

 Type of Bond:                Pegasus IA Satellite License Payment Bond — §7° West Longitude

 Bond Amount:                 Five Million and 00/100 Dollars ($5,000,000.00)

 Effective Date:             ' February 27, 2004

 Executed by:                 Pegasus Development Corporation                               as Principal

And by:                       Westchester Fire Insurance Company                            as Surety

In favor of:                 United States Treasury
                             (Obligee)

In consideration of the mutual agreements herein contained the Principal and Surety hereby consent to changing:

                                          The Bond Amount Has Decreased

                                                      From:
                                  Five Million and 00/100 Dollars ($5,000,000.00)



                                                       To:
                                 Three Million and 00/100 Dollars ($3,000,000.00)


Nothing herein contained shall vary, alter or extend any provision or condition of this bond except as herein expressly
stated.

This Rider is effective          September 20, 2004
Signed and S¢a]ed:               September 21, 2004

               Pegasus Development Corporation
               (Principal)


      By: JzX Re_C_

               Westchester Fire Insurance Company
               (Surety)


      By:        _                 ga"“
               Francis J. Curran, Attorgey—in—Fact


     (1)         That the Pregideht, any Senior Vice President, any Vice President, and Assistant Vice President, or any Attorney—in—Fact, may execute for md on behalf of the Compmy any and all bonds, undertakings, recognizances
                 contracts and other writings in the nature thereof, the same to be attcstedwhmnecessarybyfl\e Carporate Secretary, or any Assistant Corporate Secretary, and the seal ot‘t}wCompanylffixodthmwand that the
                       lent, any Senior Vice President, any Vice President or         i         F                      and authorize any other  Officer (elected or appointed) 0




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BS—38449—T



Document Created: 2019-04-20 21:52:44
Document Modified: 2019-04-20 21:52:44

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