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Amendment
to
Executive Employment
Letter
This Amendment (“Amendment”) to that
certain Employment Agreement, dated as of June 23, 2000, by and
between ICO Global Communications Services Inc. and Robert Day
(“Agreement”) is made as of the 30th day of December,
2008 (“Effective Date”) by and between ICO Global
Communications (Holdings) Limited, parent of ICO Global
Communications Services Inc., (“ICO”), and Robert Day
(“Executive”), ICO and Executive each a
“Party” and collectively, the
“Parties”). Capitalized terms used herein
without definition shall have the meanings given to such terms in
the Agreement.
In
consideration of the mutual promises and covenants set forth herein
and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Parties hereby
agree as follows:
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Exhibit
A . Exhibit A
attached hereto, is incorporated into the Agreement.
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Counterparts. This Amendment may be executed in
two or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the
same instrument.
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Continuing
Effect . With the
exception of this Amendment, the remaining provisions of the
Agreement remain unchanged.
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IN WITNESS WHEREOF, the Parties have executed
this Amendment as of the Effective Date.
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ICO Global
Communications (Holdings) Limited
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Robert
Day
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/s/ J. Timothy
Bryan
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/s/ Robert
Day
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By:
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J. Timothy
Bryan
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By:
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Robert
Day
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Title:
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Exhibit A
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Section 8
Notice is amended to add sub-section 8.5:
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