ARTICLE 13

ARTICLE 13

Word Article 15 of the Agreement as follows:

"1. A Share Capital shall be established out of Signatories' contributions to support the activities of the Organization.

2. Investment shares in the share capital shall be appropriated to meet the following expenses of the Organization to the extent insomuch as the operating receipts are insufficient for this purpose:

a) Research and development costs related to the space segment and terrestrial communication satellite control system.

b) Costs for the designing, construction, procurement or leasing of the space segment and terrestrial communication satellite control systems.

c) Costs for the launch and in-orbit delivery of the Organization's communication satellites.

d) Other costs associated with the Organization's activity."