LORAL SPACE & COMMUNICATIONS INC. New York, NY 10022Escrow Agreement • August 31st, 2007 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • New York
Reference is made to the Series A Cumulative 7.50% Convertible Preferred Stock (the “Series A Preferred”) and the Series B Cumulative 7.50% Convertible Preferred Stock (the “Series B Preferred” and, together with the Series A Preferred, the “Preferred Stock”) of Loral Space & Communications Inc., a Delaware corporation (the “Corporation”), which certain of your affiliated funds currently hold and which was originally purchased by certain of your affiliated funds pursuant to the above referenced agreement (the “MHR Preferred SPA”). Capitalized terms used herein without definition are used as defined in the MHR Preferred SPA. Each of you confirms that you hold the number of shares of Series A Preferred and Series B Preferred set forth below your respective name on the signature page hereof as of the date hereof.
