Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 610

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 610
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 200.83

ARTICLE VIII

TERMINATION

Section 8.1 . This Agreement may be terminated at any time prior to the Closing:

(a) by mutual written consent
of Saturn and Indiana;

(b) (i) by Indiana, if Saturn breaches or fails to perform any of its covenants or agreements herein, or if
any of Saturn’s representations in is inaccurate, which breach, failure to perform or inaccuracy (A) would give rise to the failure of a condition set forth in
or to be satisfied at the Closing and (B) cannot be cured, or if capable of being cured, has not been cured within the earlier of 45 days and the Outside Date following delivery of written notice of such
breach or failure to perform by Indiana to Saturn or (ii) by Saturn, if Indiana breaches or fails to perform any of its covenants or agreements herein, or if any of Indiana’s representations or warranties in
is inaccurate, which breach, failure to perform or inaccuracy (A) would give rise to the failure of a condition set forth in or
to be satisfied at the Closing and (B) cannot be cured or, if capable of being cured, has not been cured within the earlier of 45 days and the Outside Date following delivery of written notice of such
breach or failure to perform by Saturn to Indiana; , , that no Party shall have the right to terminate this Agreement under this if such Party has breached or failed to perform
any of its respective covenants or agreements hereunder, or if any of such Party’s representations or warranties in or , as applicable, is inaccurate, which breach,
failure to perform or inaccuracy would give rise to the failure of a condition in , , or
, as applicable;

(c) by either Indiana or Saturn if the Acquisition shall not have been
consummated by October 30, 2025 (the “” and, as it may be extended pursuant to this , the “”); , , that, if
on the Initial Outside Date, any of the conditions to closing set forth in , , , ,
, or (in each case, as relates to any Required Pre-Closing Regulatory Approval), shall
not have been satisfied or waived but all other conditions to Closing shall have been satisfied or waived (or, in the case of those conditions that by their nature are to be satisfied at the Closing or on the Closing Date, shall be capable of being
satisfied on such date), then the Initial