AMENDMENT NO. 3 TO SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF AIREON LLC A DELAWARE LIMITED LIABILITY COMPANY
EXECUTION VERSION
Exhibit 10.2
AMENDMENT NO. 3 TO
SECOND AMENDED AND RESTATED LIMITED LIABILITY
COMPANY AGREEMENT OF
AIREON LLC
A DELAWARE LIMITED LIABILITY COMPANY
This Amendment No. 3 to Second Amended and Restated Limited Liability Company Agreement (this “Amendment”), of Aireon LLC (the “Company”), is dated as of March 17, 2016 and is entered into by NAV CANADA Satellite, Inc, a Delaware corporation; Iridium Satellite LLC, a Delaware limited liability company; ENAV North Atlantic LLC, a Delaware limited liability company; Irish Aviation Authority Limited, a company organized under the laws of the Republic of Ireland; and Naviair Surveillance A/S, a Danish limited liability company (collectively, the “Members”); NAV CANADA, a Canadian corporation; Enav, S.p.A., a company formed under the laws of the Italian Republic (“Enav”); Naviair, an independent state owned company owned by the Kingdom of Denmark, registered with the Danish Business Authority under CVR-no.: 26 05 97 63; and the Company.
RECITALS
A.The Members, NAV CANADA, Enav, Naviair and the Company are party to that certain Second Amended and Restated Limited Liability Company Agreement of the Company, dated as of February 14, 2014, as amended (the “Operating Agreement”).
B.The Members, NAV CANADA, Enav, Naviair and the Company wish to amend the Operating Agreement as set forth herein.
AGREEMENT
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties hereto, the parties agree as follows:
1.Amendments.
a.The definition of “Fourth NAV CANADA Tranche Financing Final Tranche Date” contained in Article 1 of the Operating Agreement is hereby amended and restated in its entirety and replaced with the following:
““Fourth NAV CANADA Tranche Financing Final Tranche Date” means [***], 2016.”
2.Except as expressly provided herein, nothing in this Amendment shall be deemed to waive or modify any of the other provisions of the Operating Agreement. In the event of any conflict between the Operating Agreement, any previous amendment of the Operating Agreement, this Amendment and any subsequent amendment, the document later in time shall prevail.
3.This Amendment shall be binding upon and shall inure to the benefit of the successors in interest of the parties hereto.
*** 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.
IN WITNESS WHEREOF, the undersigned has caused this Amendment to be executed as of the date first hereinabove set forth.
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Aireon LLC
By: /S/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ NAV CANADA
By: /S/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /S/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Executive Vice President, Finance and Chief Financial Officer
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Enav S.p.A.
By:________________________________ Naviair
By: /S/ Morten Dambaek Name: Morten Dambaek Title: CEO |
Signature Page to Amendment No. 3
*** 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.
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MEMBERS: NAV CANADA Satellite, Inc.
By: /S/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /S/ ▇.▇. ▇▇▇▇▇▇ Officer and Secretary
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Iridium Satellite LLC
By: /S/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Naviair Surveillance A/S
By: /S/ Soren Stahlfest Moller By: /S/ Morten Dambaek Irish Aviation Authority Limited
By: /S/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
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ENAV North Atlantic LLC
By: ____________________________
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Signature Page to Amendment No. 3
*** 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.