Exhibit 10.32c April 2, 2001 Hughes Electronics Corporation 200 N. Sepulveda Boulevard El Segundo, CA 90245-0956 Singapore Telecommunications Ltd. 31 Exeter Road #22-00 Comcentre Singapore 239732 Republic of Singapore Baron Capital Partners, L.P. 767 Fifth Avenue 49th Floor New York, NY 10153 Re: April 2, 2001 Note Issuance Waiver Under the Term Credit Agreement and Revolving Credit Agreement (the "April 2, 2001 Waivers") Ladies and Gentlemen: In consideration of the April 2, 2001 Waivers, Motient agrees for the benefit of the Guarantors that: 1) in the case of Hughes Electronics Corporation ("Hughes") and Baron Capital Partners, LP ("Baron"), all Warrants issued to each of them as Guarantors under the above-referenced Credit Agreements will be repriced to the closing price of Motient stock as of Friday, March 30, 2001 (i.e. $1.31); and 2) in the case of Singapore Telecommunications Ltd., a new Warrant with respect to 300,000 shares on the same terms as the repriced Hughes and Baron Warrants. MOTIENT CORPORATION By: /s/Randy S. Segal ----------------------------- Name: Randy S. Segal Title: Senior Vice President