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The effective date of this Agreement shall be the date of last signature (EffectiveEX-10.2 RELEASE AGREEMENT This RELEASE AGREEMENT (this Release) is made and entered into as of the 5th day of September, 2014 by and among LORAL SPACE & COMMUNICATIONS INC., a Delaware corporation (Loral), SPACE SYSTEMS/LORAL, LLC, a Delaware limited liability company (the Company), MACDONALD, DETTWILER AND ASSOCIATES LTD., a Canadian corporation (MDA), and MDA COMMUNICATIONS HOLDINGS, INCExhibit 4.1 DESCRIPTION OF THE REGISTRANT’S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 As of March 12, 2020, Loral Space & Communications Inc. has one class of securities registered under Section 12 of the Securities Exchange Act of 1934, as amended: our common stock. Loral Space & Communications Inc. (“Loral,” the “Company,” “we,” “our” or “us”) is filing this Amendment No.
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Fintel® provides advanced research tools for data-driven investors Please wait while we load the requested 10-K report or click the link below:Leveraging these strengths and building on its existing contractual revenue backlog, Telesats focus is on profitably growing its business by increasing the utilization of its in-orbit satellites and, in a disciplined manner, deploying expansion satellite capacity where strong market demand is anticipated.Interest and investment income increased by $1.0 million for the year ended December 31, 2019 as compared to the year ended December 31, 2018 primarily due to higher interest rates earned on the cash balance in 2019 as compared to 2018.Management considers the assessment of loss contingencies as a critical accounting policy because of the significant uncertainty relating to the outcome of any potential legal actions and other claims and the difficulty of predicting the likelihood and range of the potential liability involved, coupled with the material impact on our results of operations that could result from legal actions or other claims and assessments.Once the investment in a satellite is made, the incremental costs to maintain and operate the satellite are relatively low over the life of the satellite, with the exception of in-orbit insurance.Both equity and fixed income investment types may include alternative investments which are permitted to be up to 20% of total plan assets.Loral Space Communications Inc. provided additional information to their SEC Filing as exhibits