Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 566

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 566
---
 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
with the Bankruptcy Court, or whichever court then has jurisdiction over the Existing Litigation, to lift abeyance of the Existing Litigation, and such other Party shall support the motion to lift abeyance of the Existing Litigation. As promptly as
reasonably practicable after the Closing (but in any event within five Business Days after the Closing Date), Saturn shall take all Necessary Action to withdraw with prejudice the Existing Litigation. Notwithstanding anything to the contrary
contained herein, neither Party shall seek to use the request to hold in abeyance the Existing Litigation, nor any delay resulting from such request, in its defense of the Existing Litigation.

(c) Without limiting the foregoing , from and after the date hereof