Common use of Short Term Storage Clause in Contracts

Short Term Storage. Purchaser may direct the Contractor to deliver a Satellite forming part of a Satellite Batch to Storage in Contractor’s or its Subcontractor’s facilities by written notice sent to Contractor [***…***] months before the date of [***…***] and prior to their shipment to the Launch Site. Storage of a Satellite forming part of a Satellite Batch shall commence following the successful conclusion of the Satellite Pre-Shipment Review for Satellite Batch Milestone for such Satellite Batch as provided for Article 9.1.6 if such Storage is not for reasons attributable to Contractor. All costs of storage, including transportation (including transportation to the storage site), insurance, periodic Satellite storage testing, maintenance of batteries, re-verification testing, delta SPSR testing, re-furbishing, and re-work, and all other costs associated with the testing and maintenance set forth in the Shipping, Handling and Storage Plan (collectively, “Storage Costs”) shall be borne by Contractor up to a maximum period of storage of [***…***] months during the NEXT Launch Campaign Period, provided the overall CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS ARE DESIGNATED [***. . .***]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. storage capacity of [***…***] simultaneous Satellites in storage is not exceeded (such storage, “Short Term Storage”). For the avoidance of doubt, Contractor remains obligated for the costs associated with transporting a Satellite from the storage location to the Launch Site upon removal of the Satellite from Storage. In the event Purchaser directs the Contractor to place a Satellite or a Satellite Batch in Short Term Storage after delivery of such Satellite or Satellite Batch to a Launch Site (and for reasons not attributable to the Contractor), Contractor shall be entitled to reimbursement of its Actual Costs associated with (i) the placement of such Satellite or Satellite Batch (including logistical or preparation activities) into Short Term Storage, (ii) the interruption of activities at the Launch Site, including shipment back and forth of Ground Support Equipment and treatment of consumables, (iii) the return of the Satellite or Satellite Batch to the Launch Site, and (iv) the resumption of Launch Site activities. For the avoidance of doubt, any Satellite(s) delivered by Contractor in advance of the period specified by Purchaser as provided for in Article 3.3 shall not be subject to the Short Term Storage provisions of this Article 31.1.1 until and unless Purchaser directs Contractor.

Short Term Storage. Purchaser may direct the Contractor to deliver a Satellite forming part of a Satellite Batch to Storage in Contractor’s or its Subcontractor’s facilities by written notice sent to Contractor [***…***] months before the date of [***…***] and prior to their shipment to the Launch Site. Storage of a Satellite forming part of a Satellite Batch shall commence following the successful conclusion of the Satellite Pre-Shipment Review for Satellite Batch Milestone for such Satellite Batch as provided for Article 9.1.6 if such Storage is not for reasons attributable to Contractor. All costs of storage, including transportation (including transportation to the storage site), insurance, periodic Satellite storage testing, maintenance of batteries, re-verification testing, delta SPSR testing, re-furbishing, and re-work, and all other costs associated with the testing and maintenance set forth in the Shipping, Handling and Storage Plan (collectively, “Storage Costs”) shall be borne by Contractor up to a maximum period of storage of [***…***] months during the NEXT Launch Campaign Period, provided the overall CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS ARE DESIGNATED [***. . .***]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. storage capacity of [***…***] simultaneous Satellites in storage is not exceeded (such storage, “Short Term Storage”). For the avoidance of doubt, Contractor remains obligated for the costs associated with transporting a Satellite from the storage location to the Launch Site upon removal of the Satellite from Storage. In the event Purchaser directs the Contractor to place a Satellite or a Satellite Batch in Short Term Storage after delivery of such Satellite or Satellite Batch to a Launch Site (and for reasons not attributable to the Contractor), Contractor shall be entitled to reimbursement of its Actual Costs associated with (i) the placement of such Satellite or Satellite Batch (including logistical or preparation activities) into Short Term Storage, (ii) the interruption of activities at the Launch Site, including shipment back and forth of Ground Support Equipment and treatment of consumables, (iii) the return of the Satellite or Satellite Batch to the Launch Site, and (iv) the resumption of Launch Site activities. For the avoidance of doubt, any Satellite(s) delivered by Contractor in advance of the period specified by Purchaser as provided for in Article 3.3 shall not be subject to the Short Term Storage provisions of this Article 31.1.1 until and unless Purchaser directs Contractor.