Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000007
Chunk: 33

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 33
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 closing condition for AT&T’s benefit will not be satisfied with respect to any License prior to the Termination Date (as defined in the Agreement), or (d) any License is revoked, cancelled, terminated, materially adversely modified, not renewed, or forfeited or any License is sold, transferred, or encumbered by any spectrum lease or license that is not an Outbound Spectrum Lease (as defined in the Agreement), then AT&T may at its option, by written notice to Sellers, remove any such License or Licenses from the scope of assets to be transferred to AT&T pursuant to the AT&T Transactions (each an

#### “Excluded License”
). If AT&T fails to identify a License as an Excluded License, and all conditions to Closing (other than those related to court orders) are satisfied, such License will be deemed to be excluded upon written notice thereof from Seller. If (x) in the case of clause (a), such breach is subsequently timely cured or (y) in the case of clause (b) or (c), following the Closing and prior to the Termination Date, such circumstance or condition is no longer in effect or no longer prohibits assignment of the applicable Excluded License, and, in each case, all other closing conditions for AT&T’s benefit are satisfied with respect thereto, the applicable Licenses will be conveyed at a subsequent closing and the portion of the purchase price allocated to such Licenses shall be paid to the applicable Sellers.

If a governmental authority conditions its required regulatory approval on the sale, disposition, or holding separate of Licenses to be transferred in an applicable transaction (i.e., determined independently with respect to the USCC Licenses, the In Footprint LP Licenses and the Out of Footprint LP Licenses) resulting in an adverse effect on the applicable acquired assets in such transaction, taken as a whole, that is greater than a specified percentage of the In Footprint LP Purchase Price, Out of Footprint LP Purchase Price or the USCC Purchase Price, as applicable, then Sellers may, after good faith consultation with AT&T, exclude Licenses subject to such requirement to sell, divest or hold separate (collectively, the

#### “Regulatory Excluded Licenses”
), but not in excess of a specified percentage of the In Footprint LP Purchase Price, Out of Footprint LP Purchase Price, or the USCC Purchase Price, as applicable, from the Licenses to be acquired under the Agreement such that Licenses constituting no more than a specified percentage of