Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 591

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 591
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 time of such termination under , the
Terminating Party would have been entitled to terminate this Agreement under or (assuming that the written confirmation contemplated by the applicable clause (B) thereof had been provided and the
Non-Terminating Party had not consummated the Closing within three Business Days after receipt of such written confirmation) (any termination contemplated by the foregoing clauses (A), (B) or (C), a “”), then the
Non-Terminating Party shall pay to the Terminating Party an amount in cash by wire transfer of immediately available funds equal to $300,000,000 (the “”), together with the Terminating Party’s and its
Affiliates’ reasonable and documented out-of-pocket costs and expenses incurred in connection with this Agreement and the Transactions (including fees and expenses of attorneys, accountants, financial advisors and other professionals and the
reasonable and documented out-of-pocket expenses incurred in connection with any Action commenced to enforce the Non-Terminating Party’s obligation to pay the applicable Termination Payments) (such costs and expenses, the “”) within two Business Days after the date of such termination.

(ii) In the event that
this Agreement is validly terminated by Indiana or Saturn pursuant to (a “”), then Indiana shall pay to Saturn an amount in cash by wire transfer of immediately
available funds equal to $300,000,000 (the “”), together with Saturn’s and its Affiliates’ reasonable and documented
out-of-pocket costs and expenses incurred in connection with this Agreement and the Transactions (including fees and expenses of attorneys, accountants, financial
advisors and other professionals and the reasonable and documented out-of-pocket expenses incurred in connection with any Action commenced to enforce Indiana’s
obligation to pay the applicable Termination Payments) (such costs and expenses, the “”) within two Business Days after the date of such termination.

(iii) In the event that this Agreement is validly terminated by Indiana or Saturn pursuant to
(A) (and such termination does not constitute a Breach Termination) or (B) (and (1) such termination does not constitute a Breach Termination and
(2) at the time of such termination under , 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