EMPLOYMENT AGREEMENTEmployment Agreement • August 4th, 2006 • Intelsat LTD • Communications services, nec • District of Columbia
EMPLOYMENT AGREEMENT (the “Agreement”), dated as of May 18, 2006, between Intelsat Holdings, Ltd., a Bermuda corporation (“Parent”) and James B. Frownfelter (the “Executive”) and effective as of the Effective Time (as defined in the Merger Agreement among Intelsat (Bermuda), Ltd., Proton Acquisition Corporation and PanAmSat Holding Corporation (“PanAmSat”), dated as of August 28, 2005) (the “Merger Agreement”). In the event that the Merger Agreement is terminated, this Agreement shall be void ab initio and of no further force and effect, and the Prior Agreement (as defined below) shall remain in effect and be binding in full on the parties thereto.
AMENDMENT AND ACKNOWLEDGEMENTIntelsat LTD • August 4th, 2006 • Communications services, nec • District of Columbia
WHEREAS, Jeffrey P. Freimark (the “Executive”) has entered into an employment agreement with Intelsat Holdings, Ltd. (“Parent”) and Intelsat, Ltd. (the “Company”), dated as of March 16, 2006 (the “Employment Agreement”);
EMPLOYMENT AGREEMENTEmployment Agreement • August 4th, 2006 • Intelsat LTD • Communications services, nec • District of Columbia
EMPLOYMENT AGREEMENT (the “Agreement”), dated as of June 28, 2006, between Intelsat Holdings, Ltd., a Bermuda corporation (“Parent”) and Joseph R. Wright, Jr. (the “Executive”) and effective as of the Effective Time (as defined in the Merger Agreement among Intelsat (Bermuda), Ltd., Proton Acquisition Corporation and PanAmSat Holding Corporation (“PanAmSat”), dated as of August 28, 2005) (the “Merger Agreement”). In the event that the Merger Agreement is terminated, this Agreement shall be void ab initio and of no further force and effect, and the Prior Agreement (as defined below) shall remain in effect and be binding in full on the parties thereto.
AMENDMENT AND ACKNOWLEDGMENTIntelsat LTD • August 4th, 2006 • Communications services, nec
WHEREAS, Conny L. Kullman (the “Executive”)) has entered into an employment agreement, dated January 28, 2005, with Intelsat Holdings, Ltd., a Bermuda corporation (the “Company”), and Intelsat (Bermuda) Ltd., as amended on June 21, 2005 (the “Employment Agreement”); and
