Exhibit 10.25
AMENDMENT NO. 12
To The
Direct Broadcast Satellite Contract
Between
United States Satellite Broadcasting Company, Inc. (USSB)
And
Lockheed Xxxxxx Corporation
Acting Through
Lockheed Xxxxxx Telecommunications (Telecommunications)
THIS AMENDMENT NO. 12 is effective 27 November 1996.
WHEREAS, USSB requires additional time to evaluate Telecommunications (formerly
known as Astro Space Commercial) proposal and, therefore, requests an extension
of the System Definition Phase before authorizing Telecommunications to begin
the Construction Phase Commencement (CPC) of this Contract; and
WHEREAS, Telecommunications is willing to grant such an extension and reschedule
the CPC in accordance with the changes made herein.
NOW, THEREFORE, in consideration of the promises and mutual covenants
hereinafter contained, the Parties agree to the following:
I. In paragraph 1 of Amendment No. 11, change the date satellite construction
shall commence and the date USSB must notify Telecommunications of its
intent not to proceed to December 31, 1996.
II. All other dates specified in the Contract's ARTICLE 3. DELIVERABLE ITEMS
AND DELIVERY SCHEDULE and ARTICLE 4. PAYMENT, beginning with the CPC
payment number 13, are delayed thirty (30) days from the date specified in
Amendment 11. Thus, payment number 14 is due on January 31, 1997; and, so
forth, through payment number 56.
IN WITNESS THEREOF, the Parties have caused this Amendment No. 12 to be signed
by their duly authorized officer or representative.
Lockheed Xxxxxx Corporation United States Satellite
Broadcasting Company, Inc.
By: /s/ X.X. Xxxxx By: /s/ Xxxxxx X. Xxxxxxx
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X.X. Xxxxx, Manager Xxxxxx X. Xxxxxxx
Contracts, East Windsor Operations Executive Vice President
Lockheed Xxxxxx Telecommunications