Exhibit 99.4


                        LORAL SPACE & COMMUNICATIONS INC.

                          NOMINATING COMMITTEE CHARTER

         The Charter of the Nominating Committee is established as follows:

1.       PURPOSE

         The purpose of the Nominating Committee (the "Committee") of the Board
of Directors (the "Board") of Loral Space & Communications Inc. (the "Company")
is to assist the Board in (i) identifying individuals qualified to become
members of the Board (consistent with criteria approved by the Board) and (ii)
selecting, or recommending that the Board select, the director nominees for the
next annual meeting of stockholders.

2.       MEMBERSHIP

         The Committee shall be appointed by the Board and shall consist of
three (3) or more directors, as determined by the Board from time to time, each
of whom shall be an independent director of the Company, meet the applicable
independence requirements of NASDAQ and be selected and retained in compliance
with all applicable rules, regulations and statutes. Each Committee member shall
serve until a successor to such member is duly elected and qualified or until
such member's resignation or removal from the Board or the Committee. The
Chairman of the Committee shall be designated by the Board.

3.       MEETINGS

         The Committee shall hold such regular meetings as may be necessary or
advisable to carry out its responsibilities, but no less frequently than
annually, and shall hold such special meetings as may be called by the
Committee's Chairman or by the Committee's Chairman upon the request of the full
Board. The Chairman of the Committee, in consultation with the other Committee
members, will determine the frequency and length of the meetings. The presence
in person or by telephone of a majority of the Committee's members shall
constitute a quorum for any meeting of the Committee. All actions of the
Committee will require the vote of a majority of its members present at a
meeting of the Committee at which a quorum is present.

         The Chairman of the Committee should consult with Company management in
the process of establishing agendas for Committee meetings.

         The Committee shall maintain and submit to the Board copies of minutes
of each meeting of the Committee, and each written consent to action taken
without a meeting, reflecting the actions so authorized or taken by the
Committee at such meeting of the Committee. A copy of the minutes of each
meeting shall be placed in the Company's minute book. The Committee will report
its actions and recommendations to the Board after each Committee meeting.





4.       DUTIES AND RESPONSIBILITIES

         In furtherance of the Committee's purpose and to fulfill its
responsibilities and duties, and in addition to any other responsibilities which
may be properly assigned by the Board, the Committee shall:


         (a)      With respect to the selection of directors, establish criteria
                  and procedures for identifying candidates for the Board;
                  periodically review potential candidates, including those
                  submitted in accordance with the Bylaws or proxy materials of
                  the Company, and recommend to the Board nominees for election
                  as directors of the Company; and have the sole authority to
                  hire and terminate the services of any search firm used in the
                  identification of director candidates and approve such search
                  firm's fees and other terms and conditions of such engagement.
                  The Committee will identify and recommend to the Board
                  director nominees with the highest degree of personal and
                  professional integrity. Director nominees will have
                  demonstrated exceptional ability and judgment, and will be
                  chosen with the primary goal of ensuring that the entire Board
                  collectively serves the interests of the stockholders. Due
                  consideration will be given to assessing the qualifications of
                  potential nominees and any potential conflicts with the
                  Company's interests. The Committee will also assess the
                  contributions of the Company's incumbent directors in
                  connection with their potential re-nomination. In identifying
                  and recommending director nominees, the Committee members may
                  take into account such factors as they determine appropriate,
                  including any recommendations made by the Chief Executive
                  Officer and stockholders of the Company.

         (b)      Perform any other activities consistent with this Charter, the
                  Company's Bylaws, governing law and the rules and regulations
                  of NASDAQ and the Securities and Exchange Commission (the
                  "SEC") as the Committee, the Board, the Chairman of the Board
                  and/or the Chief Executive Officer of the Company deems
                  necessary or appropriate.

5.       CHARTER AMENDMENT

         Any member of the Committee may submit to the Board proposed amendments
to this Charter. The Board shall circulate any proposed Charter amendment(s) to
members of the Committee promptly upon receipt. By a majority vote, the Board
may approve the amendments to this Charter.

6.       LIMITATIONS OF AUTHORITY

         If the Company is legally required by contract or otherwise to provide
any third party with the ability to nominate a director to the Board (e.g.,
preferred stock rights to elect directors upon a dividend default, stockholder
agreements and management agreements), the selection and nomination of such
director shall not be subject to the requirements set forth herein.


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