Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 592

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 592
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 the terms thereof.

(e) . The provisions of this
are solely for the benefit of the Parties, and nothing in this Agreement, express or implied, shall confer upon any employee or other service provider or legal representative or beneficiary or dependent
thereof, or any other person any rights or remedies of any nature or kind whatsoever under or by reason of this Agreement, whether as a third-party beneficiary other otherwise, including any right to employment or service or continued employment or
service for any specified

A-62

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

period, or level or compensation or benefits. Nothing in this Agreement, express or implied, shall constitute an amendment or modification of any Indiana Plan or shall require (either before or
following the Closing) Saturn, Indiana or any of their respective Subsidiaries to retain the employment of any particular employee or continue any Indiana Plan or any other employee benefit arrangements, or prevent the amendment, modification or
termination of such plan or other arrangement, as applicable.

Section 5.16 .

(a) Indiana shall promptly notify Saturn of any equityholder or warrant holder litigation arising from this Agreement or the Transactions that
is brought against Indiana and/or any of Indiana’s officers or Board of Directors (“”) and shall keep Saturn reasonably informed regarding any Transaction Litigation or threatened Transaction Litigation.
Without limiting the preceding sentence, Indiana shall give Saturn (a) the opportunity to review and comment on all Filings or responses to be made by Indiana in connection with any Transaction Litigation, and Indiana shall consider any such
comments in good faith, and (b) the opportunity to participate in the defense and settlement of any Transaction Litigation, and Indiana shall consider Saturn’s advice with respect thereto in good faith. Prior to the Closing, Indiana will
not enter into any settlement agreement in respect of any Transaction Litigation without Saturn’s prior written consent (which consent shall not be unreasonably withheld, conditioned or delayed).

(b) Within five Business Days following the date hereof, each of Saturn and Indiana shall jointly request that the U.S. Bankruptcy Court for
the Eastern District of Virginia (the “”), or whichever court then has jurisdiction over the Existing Litigation, hold in abeyance the Existing Litigation until the earlier of (x) the Closing and (y) the
valid termination of this Agreement pursuant to ; that in the event that this Agreement is validly terminated pursuant to , either Party may file a motion