Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 673

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 673
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 to this Agreement in the form attached hereto as Annex I(a “ Joinder”) pursuant to which such Person shall be bound by all of the terms and provisions hereof (including, but not limited to, Section 2.2); (ii) [any Transfer of less than three and one half percent (3.5%) of the outstanding share capital of Indiana (individually or in the aggregate with all such other Transfers under this clause (ii)) in connection with a margin loan or other similar arrangement; providedthat such Shareholder retains sole voting power over the Covered Indiana Shares subject to such arrangement; (iii) any cash-settled swap or other derivative transaction not settled in Indiana Common Shares involving less than three and one half percent (3.5%) of the outstanding share capital of Indiana (individually or in the aggregate with all such other transactions under this clause (iii)); providedthat such Shareholder retains sole voting power over the Covered Indiana Shares subject to such arrangement; (iv) where a Shareholder (or an Affiliate managing such Shareholder) (x) is directed by its client to Transfer such Covered Indiana Shares or (y) in its reasonable judgment, determines that it is advisable to Transfer any Covered Indiana Shares to satisfy one (1) or more redemption requests of any investment fund, mutual fund, hedge fund or separately managed fund or account or the request of any separately managed fund or account who is a Shareholder to liquidate and close such separately managed fund or account (each such Shareholder, a “ Qualifying Legacy Indiana Fund”), in which case the restrictions in this Section 3.3with respect to any Qualifying Legacy Indiana Fund shall not apply to the disposition of a number of Covered Indiana Shares reasonably necessary to satisfy such redemption or liquidation request or requests; providedthat, such Qualifying Legacy Indiana Fund shall use commercially reasonable efforts to satisfy the applicable redemption or liquidation request(s) entirely from other assets before resorting to the sale or disposition of any Covered Indiana Shares; and provided further, that the applicable Qualifying Legacy Indiana Fund (or the Shareholder on its behalf) shall use commercially reasonable efforts to notify Saturn in writing at least twenty-four (24) hours before any such sale or disposition and specify the number of Covered Indiana Shares to be sold, the date and time such sale or disposition may begin, and the reason for such sale or disposition;] 5 (v) with the prior written consent of Saturn, acting in its sole discretion; (vi) in connection with any exercise