from 10-K 6 pages First Supplemental Indenture Dated as of January 7, 2009 Among Skyterra LP, Skyterra Finance Co., the Guarantors Named Herein and the Bank of New York Mellon as Trustee to the Indenture Dated as of January 7, 2008 Among Skyterra LP (Formerly Named Mobile Satellite Ventures LP), Skyterra Finance Co. (Formerly Named Msv Finance Co.), the Guarantors Named Therein and the Bank of New York Mellon (Formerly Named the Bank of New York) as Trustee 16.5% Senior Notes Due 2013

from 10-K 133 pages Skyterra LP and Skyterra Finance Co., as Issuers, the Guarantors Named Herein and the Bank of New York Mellon, as Trustee Indenture Dated as of January 7, 2009 18.0% Senior Notes Due 2013 A-3-1

from 10-K 19 pages Warrant to Purchase 5,625,000 Shares of Common Stock (Subject to Adjustment) of Skyterra Communications, Inc

from 10-K 19 pages Warrant to Purchase 1,875,000 Shares of Common Stock (Subject to Adjustment) of Skyterra Communications, Inc

from 10-K 2 pages Amending Agreement No. 1 to Satellite Delivery Agreement

from 10-K 3 pages 1. Title and Responsibilities: Your Initial Position Will Be Executive Vice President, Strategy, Development and Distribution Skyterra LP. You Will Be Responsible for the Overall Management and Direction of All Strategy, Development, Distribution and Mergers and Acquisitions Activities. This Is a Full Time Position, With a Start Date of February 23, 2009. Your Initial Objectives Are Detailed in Section 4 Below and Subject to Modification by Mutual Agreement. You Shall Report to the CEO of the Company. 2. Salary: Your Initial Salary Will Be Paid at the Rate of $15,660.04 in Bi-Weekly Installments Which Equates to $407,161.00 on an Annualized Basis, Payable in Accordance With the Company’s Standard Payroll Practices. 3. Annual Bonus: You Will Also Be Eligible for an Annual Discretionary Bonus Equal to 75% of Your Base Compensation, as Determined by Both Corporate and Individual Performance. 4

from 10-K 21 pages Exchange Agreement by and Among Skyterra Communications, Inc., Walter V. Purnell, Jr., Rajendra Singh, Gerald Stevens-Kittner, Glenn Meyers, Elizabeth Tasker, Columbia St Partners III, Inc., Dean & Company, Inovate Communications Group, LLC and Wbs, LLC Dated as of December 10, 2008

from 10-K 1 page Consent of Ernst & Young Llp

from 10-K 1 page Certification of Alexander H. Good, CEO and President

from 10-K 1 page Certification of Scott Macleod, Executive Vice President and CFO

from 10-K 1 page Certification of Alexander H. Good, CEO and President

from 10-K 1 page Certification of Scott Macleod, Executive Vice President and CFO

from 10-K 6 pages Restated Certificate of Incorporation of Skyterra Communications, Inc

from 10-K img1.gif

from 10-K skyterra.jpg