May 20, 2008Letter Agreement • May 21st, 2008 • Terrestar Corp • Communications services, nec
This letter (“Letter Agreement”) confirms our agreement concerning the extension of the initial term of the employment agreement between TerreStar Networks Inc., a Delaware corporation (the “Company”) and you, dated as of January 15, 2008 (the “Employment Agreement”), and certain changes to the Employment Agreement necessitated to reflect your promotion to the position of President of the Company and TerreStar Corporation.
May 20, 2008Letter Agreement • May 21st, 2008 • Terrestar Corp • Communications services, nec • Virginia
This letter (“Letter Agreement”) confirms our agreement concerning the extension of the initial term of the employment agreement between TerreStar Networks Inc., a Delaware corporation (the “Company”) and you, dated as of January 15, 2008 (the “Employment Agreement”) and certain changes to the Employment Agreement necessitated by the Company’s recent restructuring of its senior management team.
