Warrant Compensation. Except as described in Section 3(e), Iridium shall compensate Motorola for incurring the Motorola Exposure by issuing warrants (the "Warrants") to purchase Class 1 Interests in Iridium ("Shares")
Appears in 2 contracts
Sources: Agreement Regarding Guarantee (Iridium LLC), Agreement Regarding Guarantee (Iridium Facilities Corp)
Warrant Compensation. Except as described in Section 3(e2(e), Iridium shall compensate Motorola for incurring the Motorola Exposure by issuing warrants (the "Warrants") to purchase Class 1 Interests in Iridium ("Shares")
Appears in 1 contract
Sources: Agreement Regarding Guarantee (Iridium Capital Corp)