Company: LBRDK
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001140361-25-000778
Chunk: 270

Company: Liberty Broadband Corp
Filing Date: 2025-01-10
Form: PRER14A
Chunk 270
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#### TABLE OF CONTENTS
**equity or material assets of another person (other than GCI or any of its Subsidiaries) shall be structured as a fully taxable acquisition, provided that if the acquisition is a purchase of stock of such person for applicable tax purposes that does not result in a step-up in asset basis, then, notwithstanding anything to the contrary in the GCI separation principles, no election under Section 338(h)(10) or Section 336(e) of the Code shall be made with respect to such person in connection with the GCI divestiture.

Directors’ and Officers’ Indemnification and Insurance

For six years after the effective time (or, in certain limited circumstances, a longer period), Charter will, and will cause the surviving corporation and its subsidiaries, and from and after the effective time of the upstream merger, the surviving company and its subsidiaries, to, honor and fulfill in all respects the obligations (including both indemnification and advancement of expenses) of Liberty Broadband and its subsidiaries under their respective organizational documents and under any indemnification agreements, in each case, in effect on the date of the merger agreement, for the benefit of (x) any of Liberty Broadband’s or its subsidiaries’ current or former directors and officers and any person who becomes a director or officer of Liberty Broadband or its subsidiaries prior to the completion of the combination or (y) any person serving or who prior to the effective time has served on the board of directors or board of managers (or similar governing body) of another person, or as an officer, employee or agent of another person, at the request of Liberty Broadband or its subsidiaries, in each case, in such individual’s capacity as such. Charter will be entitled to the benefit of the same express limitations on such obligations as the surviving corporation and the surviving company under such organization documents, indemnification agreements and applicable law. In addition, Charter will cause the organizational documents of the surviving company in the combination and its subsidiaries to contain provisions with respect to indemnification, advancement of expenses and exculpation that are no less advantageous to such indemnified persons than the corresponding provisions in the organizational documents of Liberty Broadband or its subsidiaries, as applicable, as in effect immediately prior to the effective time, and will not cause such provisions to be amended, repealed or modified.

Prior to or at the effective time, Liberty Broadband will purchase (or, if Liberty Broadband is unable to do so, at