Firm Fixed Price. The total price to be paid by Aireon to Contractor for the Work to be performed under this Agreement, including all of the Deliverable set forth in the Statement of Work, shall be a total firm fixed price of One Hundred Fourteen Million Seven Hundred Thousand U.S. dollars (U.S. $114,700,000.00) (the “Firm Fixed Price”), to be paid in accordance with the Milestone Payment Plan. The firm fixed price set forth above includes [***]. The options available under this Agreement and described in Article 4 are [***]. To the extent any of the options provided for under Article 4 are exercised, [***] and the terms of this Agreement will be amended in accordance with Article 25.2. *** Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 14 Notwithstanding any provision in this Agreement to the contrary, Aireon shall not be obligated to pay Contractor any amount [***], for work performed under the SOW, [***].
Appears in 2 contracts
Sources: Products and Services Agreement (Iridium Communications Inc.), Products and Services Agreement (Iridium Communications Inc.)