Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 733

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 733
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 (if any are issued) evidencing any Lock-up Securities shall be stamped or otherwise imprinted with, or each book entry account evidencing any Lock-up Securities must bear, a legend in substantially the following form, in addition to any other applicable legends: “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A SPONSOR AGREEMENT, DATED AS OF MARCH 17, 2025, BY AND AMONG THE ISSUER OF SUCH SECURITIES (THE “ISSUER”) AND THE ISSUER’S SECURITY HOLDER NAMED THEREIN, AS AMENDED FROM TIME TO TIME. A COPY OF SUCH SPONSOR AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE ISSUER TO THE HOLDER HEREOF UPON WRITTEN REQUEST.” (e) The Sponsor (and its Permitted Transferees) shall retain all of their rights as a holder of the L ock-up Securities during the Lock-up Period, including the right to vote and to receive any dividends and distributions in respect of any Lock-up Securities. For the avoidance of doubt, any shares of New PubCo Securities that are not Lock-up Securities shall not be subject to the provisions of this Section 3.1 . Article IV VESTING OF SPONSOR’S SECURITIES 4.1 Vesting . (a) Effective upon the Closing, the Vesting Securities shall be unvested and shall be subject to the vesting and forfeiture provisions set forth below, and no unvested Vesting Securities may be Transferred prior to the date, if any, such Vesting Securities become vested pursuant to the below provisions. (b) The Vesting Securities shall be subject to vesting and forfeiture from and after the Closing as follows: (i) 718,750 of the Vesting Securities (the “ First Vesting Tranche Securities ”): (A) shall immediately vest and no longer be subject to forfeiture on the first date that the Securities Price meets or exceeds $15.00 for 20 Trading Days out of any consecutive 30 Trading Days (the “ First Vesting Tranche Condition ”), if such date occurs before the First Vesting Longstop Date; or (B) shall be irrevocably surrendered to New PubCo, without any consideration, effective on the first Business Day following the First Vesting Longstop Date, if the First Vesting Tranche Condition has not been satisfied on or before the First Vesting Longstop Date