Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 190

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 190
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, settlement or elimination occurred immediately prior to the Distribution Effective Time.

2.8 .

(a) Subject to applicable Law and without limiting the generality of the obligations set forth in
, unless the Parties otherwise agree, or the benefits of any contract, agreement, arrangement, commitment or understanding described in this are expressly conveyed to the
applicable Party pursuant to this Agreement or an Ancillary Agreement, any contract or agreement, a portion of which is a SpinCo Contract, but the remainder of which is a Company Contract, or a portion of which is a Company Contract, but the
remainder of which is SpinCo Contract (any such contract or agreement, including those set forth on , a “”), shall be assigned in relevant part to the applicable member(s) of the applicable Group,
if so assignable, or appropriately amended prior to, at or after the Distribution Effective Time, so that each Party or the member of its Group shall, as of the Distribution Effective Time, (i) be entitled to the rights and benefits,
(ii) assume the related portion of any Liabilities, inuring to its respective businesses and (iii) take any actions set forth on with respect to such Shared Contract; , , that (x) in no
event shall any member of any Group be required to assign (or amend) any Shared Contract in its entirety or to assign a portion of any Shared Contract which is not assignable (or cannot be amended) by its terms (including any terms imposing consents
or conditions on an assignment where such consents or conditions have not been obtained or fulfilled) and (y) if any Shared Contract cannot be so partially assigned by its terms or otherwise or cannot be amended or if such assignment or
amendment would impair the benefit the parties thereto derive from such Shared Contract, then the Parties shall, and shall cause each of the members of their respective Groups to, take such other reasonable and permissible actions (including by
providing prompt notice to the other Party with respect to any relevant claim of Liability or other relevant matters arising in connection with a Shared Contract so as to allow such other Party the ability to exercise any applicable rights under
such Shared Contract) to cause a member of the SpinCo Group or the Company Group, as the case may be, to receive the rights and benefits of that portion of each Shared Contract that relates to the SpinCo Business or the Company Business, as the case
may be (in each case, to the extent so related), as if such Shared Contract had been assigned to a member of