Common use of Options Requirements Clause in Contracts

Options Requirements. ORBCOMM shall have the option (the " Option") to require OHB to construct and deliver to ORBCOMM up to five additional spacecraft busses (the "Optional Busses") And/Or ORBCOMM shall have the option (the "Option") to require OHB to provide an additional Launch Vehicle to launch all six spacecraft buses and associated communications payloads (the "Optional Launch Vehicle") Or Orbcomm shall have the option (the "Option") to require OHB to construct and deliver to ORBCOMM six (6) ORBCOMM spacecraft without AIS integrated payloads (the "Optional ORBCOMM Spacecraft")

Appears in 2 contracts

Sources: Procurement Agreement (ORBCOMM Inc.), Procurement Agreement (ORBCOMM Inc.)