Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 486

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 486
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 to (A) any disposition or acquisition of assets, or any interest in any business enterprise,
with a fair market value in excess of $50,000,000 and under which Indiana or any of its Subsidiaries has continuing obligations after the date hereof (excluding indemnification obligations under which there are no pending claims) or (B) any
joint venture, partnership or similar agreement or arrangement under which (1) Indiana and its Subsidiaries have committed capital in excess of $5,000,000 or (2) annual revenues are in excess of $1,000,000;

(ix) any Contract with any labor union, labor organization, works council or other employee representative body; and

(x) any Contract granting any contingent value rights to Indiana or any of its Subsidiaries.

(b) Except as would not, individually or in the aggregate, reasonably be expected to have an Indiana Material Adverse Effect (
that clause (iv) of the definition of “Indiana Material Adverse Effect” shall be disregarded for purposes of this ), each Indiana Material Contract is a legal, valid, binding and enforceable
agreement, and is in full force and effect and will continue to be in full force and effect on identical terms (except as amended, waived or modified in accordance with ) immediately following the Closing
Date, except as such enforceability (i) may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting or relating to creditors’ rights generally and (ii) is

A-35

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

subject to laws governing specific performance, injunctive relief and other equitable remedies. Except as would not, individually or in the aggregate, reasonably be expected to have an Indiana
Material Adverse Effect ( that clause (iv) of the definition of “Indiana Material Adverse Effect” shall be disregarded for purposes of this ), none of Indiana or any of its
Subsidiaries or, to the knowledge of Indiana, any other party is in breach or violation of, or (with or without notice or lapse of time or both) default under, any Indiana Material Contract, nor has Indiana or any of its Subsidiaries received any
claim of any such breach, violation or default. Indiana has delivered or made available to Saturn true and complete copies of all Indiana Material Contracts, including any amendments thereto.

Section 3.20 . Each of