Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 490

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 490
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 exceeds the Cash Target, the Closing Net Cash Underage shall be $0.

“” means the amount, if any, by which Closing Transaction Expenses (other than the Regulatory Litigation Expenses) exceed $82,000,000.

“” means the U.S. Internal Revenue Code of 1986.

“” means Saturn and its Subsidiaries (including Holdings and its Subsidiaries), taken as a whole, after
giving effect to the transactions contemplated hereby.

“” means the Commercial Agreement
Term Sheet between Saturn and Indiana, to be negotiated in good faith between Saturn and Indiana on the basis of the terms agreed in the document entitled “Commercial Collaboration Agreement Framework,” dated April 5, 2024, as may be
amended, modified, supplemented or restated from time to time by the mutual written agreement of the Parties.

“”
means any consent, approval, authorization, permission or waiver of, or registration, declaration, waiting period expiration or other exemption.

“” means a bond, debenture, note, mortgage, indenture, guarantee, license, lease, purchase or sale order or other
contract, commitment, agreement, instrument, obligation, arrangement, understanding, undertaking, permit, concession or franchise or other agreement that is legally binding, in each case together with all amendments thereto (whether written or
oral), including, for the avoidance of doubt, any cooperation agreement or other contract with respect to orbital slots and spectrum utilization capabilities of current and/or planned Indiana Satellites.

“,” including the terms “” and “,” means, as
used with respect to any Person, the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, as trustee or executor, as
general partner or managing member, by Contract or otherwise, including the ownership, directly or indirectly, of securities having the power to elect a majority of the board of directors or similar body governing the affairs of such Person.

“” means Indebtedness of the type contemplated by (a) of
the definition of Indebtedness and (b) of the definition of Indebtedness as it relates to of the definition of Indebtedness.

“” means
SARS-CoV-2 or COVID-19, and any evolutions thereof or related or associated epidemics, pandemics or disease outbreaks.

“” means an aggregate number of contingent value rights (“”) equal to the Fully Diluted