SIRIUS SATELLITE RADIO INC
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<TYPE>EX-10.1
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<FONT face="serif">Exhibit 10.1</FONT></P>
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<FONT face="serif">SECOND AMENDMENT</FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">SECOND AMENDMENT, dated as of February 12, 2008 (this &#147;</FONT><U><FONT face="serif">Second</FONT></U><FONT face="serif"> </FONT><U><FONT face="serif">Amendment</FONT></U><FONT face="serif">&#148;), to the Employment Agreement, dated as of June 3, 2003 (as amended by a First Amendment, dated as of August 10, 2005, the &#147;</FONT><U><FONT face="serif">Agreement</FONT></U><FONT face="serif">&#148;), between SIRIUS
SATELLITE RADIO INC., a Delaware corporation (the &#147;</FONT><U><FONT face="serif">Company</FONT></U><FONT face="serif">&#148;), and DAVID J. FREAR (the &#147;</FONT><U><FONT face="serif">Executive</FONT></U><FONT face="serif">&#148;). </FONT></P>
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<U><FONT face="serif">WITNESSETH</FONT></U><FONT face="serif">:</FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">WHEREAS, the Company and the Executive jointly desire to amend certain provisions of the Agreement in the manner provided for in this Second Amendment; </FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in consideration of the premises contained herein, the Company and the Executive hereby
agree as follows: </FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif"> 1. </FONT><U><FONT face="serif">Amendment of Section 3 (Term) of the Agreement</FONT></U><FONT face="serif">. Section 3 of the Agreement is hereby amended by deleting &#147;July 31, 2008&#148; and substituting in lieu thereof
&#147;July 31, 2011.&#148; </FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif"> 2. </FONT><U><FONT face="serif">Amendments of Section 4 (Compensation) of the Agreement</FONT></U><FONT face="serif">. (a) Section 4(a) of the Agreement is hereby amended by deleting the figure &#147;&#36;450,000&#148; and
substituting in lieu thereof &#147;&#36;550,000.&#148; </FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif"> (b) Section 4(a) of the Agreement is hereby amended by adding the following sentence at the end thereof &#147;Effective as of August 1, 2008, the Executive&#146;s base salary shall be increased to &#36;750,000 per
year.&#148;</FONT><FONT size=2 face="serif"> </FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif"> 3. </FONT><U><FONT face="serif">Amendment of Section 6 (Termination) of the Agreement</FONT></U><FONT face="serif">. A new Section 6(g) is hereby added to the Agreement to read as follows: &#147;Notwithstanding anything herein to
the contrary, if at the time of the Executive&#146;s termination of employment with the Company, the Executive is a &#147;specified employee&#148; as defined in Section 409A of the Internal Revenue Code of 1986, as amended (the &#147;</FONT><U><FONT face="serif">Code</FONT></U><FONT face="serif">&#148;); and the deferral of the commencement of any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any accelerated or
additional tax under Section 409A of the Code, then the Company will defer the commencement of the payment of any such payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to the Executive)
until the date that is six months following the Executive&#146;s termination of employment with the Company (or the earliest date as is permitted under Section 409A of the Code). The Company shall consult with the Executive in good faith regarding
the implementation of the provisions of this Section 6(g); </FONT><U><FONT face="serif">provided</FONT></U><FONT face="serif"> that neither the Company nor any of its employees or representatives shall have any liability to the Executive with
respect thereto.&#148; </FONT></P>

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<P align="right">&nbsp;</P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">4. </FONT><U><FONT face="serif">No Other Amendments</FONT></U><FONT face="serif">. Except as expressly amended, modified and supplemented by this Second Amendment, the provisions of the Agreement are
and shall remain in full force and effect. </FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">5. </FONT><U><FONT face="serif">Governing Law. </FONT></U><FONT face="serif">This Second Amendment shall be governed by, and construed and interpreted in accordance with, the laws of the State of New
York applicable to contracts made and to be performed entirely within the State of New York.</FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">6. </FONT><U><FONT face="serif">Counterparts</FONT></U><FONT face="serif">. This Second Amendment may be executed in counterparts, all of which shall be considered one and the same agreement, and
shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other party. </FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">7. </FONT><U><FONT face="serif">Entire Agreement</FONT></U><FONT face="serif">. This Second Amendment represents the entire agreement of the Company and the Executive with respect to the subject
matter hereof, and there are no promises, undertakings, representations or warranties by the parties hereto relative to the subject matter hereof not expressly set forth or referred to herein. </FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be duly executed and delivered by their proper and duly authorized officers as of the day and year first above written.
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    <TD colspan=4 align=left><font face="serif">SIRIUS SATELLITE RADIO INC.</font> </TD>
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	<TD colspan=5>&nbsp;	</TD>
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<FONT face="serif">By:</FONT>	</TD>
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    <font face="serif"></font></TD>
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<FONT face="serif">John H. Schultz</FONT>	</TD>
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    <TD align=center width=65%><div align="left"><font face="serif">John H. Schultz</font> </div></TD>
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<FONT face="serif">Senior Vice President,</FONT>	</TD>
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<FONT face="serif">Human Resources</FONT>	</TD>
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	<TD colspan=5>&nbsp;	</TD>
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	<TD width=2%><div style="border-bottom:1px solid #000000">/s/&nbsp; </div>
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<FONT face="serif">David J. Frear</FONT>	</TD>
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<FONT face="serif">David J. Frear</FONT>	</TD>
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