Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 587

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 587
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 lending rate as published in the Wall Street Journal in effect on the date such payment was required to be made, 500 basis points (such interest, the “” and, together
with the applicable Termination Fee and the applicable Termination Fee Expenses, the “”). The Parties agree that no Termination Fee is a penalty but is liquidated damages in a reasonable amount that will
compensate the applicable Party in circumstances in which such Termination Fee is payable, which amount would otherwise be difficult to calculate with precision.

(v) The Parties acknowledge and agree that in no event shall any Party be required to pay more than one Termination Fee or any
Termination Fee on more than one occasion.

(c) Notwithstanding anything to the contrary herein, if a Fee Termination occurs, the sole and
exclusive remedy of the Party entitled to the corresponding Termination Fee and its Affiliates and Representatives (collectively, the “”) against the other Party and any of its Affiliates or Representatives
(collectively, the “”) for any Losses that may be based on, arise out of or relate to this Agreement, the Ancillary Agreements or the Transactions (including the negotiation, execution, performance or
subject matter hereof or thereof) shall be the applicable Termination Payments pursuant to , and each expressly waives and relinquishes, any other right, remedy or recourse (whether in contract or in tort or
otherwise, and whether at law or in equity). Without limiting the generality of the foregoing, following payment of the applicable Termination Payments by the applicable Party to the other Party, none of the Payor Related Persons shall have any
further Liability to the Payee Related Persons arising out of or relating to this Agreement, the Ancillary Agreements or the Transactions (including the negotiation, execution, performance or subject matter hereof or thereof), and neither Party
shall be entitled to contest or otherwise challenge the termination of this Agreement or the basis therefor.

ARTICLE IX

GENERAL PROVISIONS

Section 9.1 . Except as otherwise provided herein, all fees and expenses incurred in
connection with or relating to this Agreement and the Ancillary Agreements and the Transactions shall be paid by the Party incurring such fees or expenses, whether or not the Transactions are consummated, except that (x) all filing fees and
other charges for the filings required to be made by Saturn and Indiana pursuant to in connection with the Transactions (other than attorneys’ fees, accountants’ fees and related expenses)