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Launch Opportunity Reservation Agreement [Amendment] - CD Radio Inc. and Arianespace SA

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[ARIANESPACE LOGO] Mr. Robert D. Briskman President, Systems Group SENIOR VICE-PRESIDENT CD RADIO INC. MARKETING-CUSTOMER'S SERVICE 1001 22nd Street, NW AND INTERNATIONAL AFFIARS Washington, DC 20037 USA Evry, December 10, 1996 DGC/RJ/cpL96361 Subject: Launch Opportunity Reservation Agreement 95.5.921 between Arianespace and CD Radio ((( the LORA ))) Dear Mr. Briskman, As discussed, we are pleased to revise certain terms of the LORA as follows: - The Launch Period reserved for CD Radio under Article 1 of the LORA is hereby changed to. 1 November 1999 up to and including 30 April 2000. - Notwithstanding the terms of Article 6 of the LORA, the reservation for the Launch Period referred to hereabove shall be valid until 31 May 1997. - The above amendments to the LORA are made notwithstanding the provisions of Article 5 of the LORA and all other terms thereof remain unchanged. Could you kindly confirm your approval of the above terms by returning an executed copy of this letter. Best Regards, CD RADIO INC. /s/ R.W. Jaeger --------------------------- Ralph-Werner Jaeger /s/ Robert D. Briskman Dec. 13, 1996 -------------------------- --------------- MR. ROBERT D. BRISKMAN Date President, Systems Group ARIANESPACE - BOULEVARD DE L'EUROPE - B.P. 177 - 91006 EVRY CEDEX / FRANCE - Tel. (33/1) 60 87 60 00 + - Telex ARESP 602 392 S.A. au capital de 270.000.000 F - R.C.S. CORBEIL-ESSONNES B318516457