Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006760
Chunk: 9

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 9
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transaction; and

(g) “” shall mean the (i) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any
option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent
position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange
Act and the rules and regulations of the SEC promulgated thereunder, with respect to, any Lock-Up Security, (ii) entry into
any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Lock-Up
Security, whether or not any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (iii) announcement
of any intention to effect any transaction specified in clause (i) or (ii).

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4.2 . Subject to the consummation of the Merger and Section 4.5, each Lock-Up Obligor covenants and agrees that it shall
not, without the prior written consent of the Company Board, effect, undertake, enter into or announce any Lock-Up Transfer during the
Applicable Period in respect of the applicable Lock-Up Securities. For the avoidance of doubt, each Lock-Up Obligor shall retain all of
its rights as a shareholder of the Company with respect to the Lock-Up Securities it holds at any time during the Applicable Period including,
without limitation, the right to vote any Lock-Up Securities that are entitled to vote and the right to receive any dividends or distributions
in respect of such Lock-Up Securities.

4.3 .
Each Lock-Up Obligor hereby:

(a) acknowledges
that the Company may, during the Applicable Period, pursuant to its rights and/or the obligations of the relevant Lock-Up Obligors under
this Article 4, in its discretion and subject to Applicable Law, instruct its transfer agent for the Lock-Up Securities to decline
to transfer, and to note stop-transfer restrictions on the register of book-entry interests and other records relating to, such Lock-Up
Securities for which such Lock-Up Obligor is the record holder; and

(b) in
the case of Lock-Up Securities for which such Lock-Up Obligor is the beneficial but not the record holder, agrees during the Applicable
Period to cause the record holder to cause the relevant transfer agent to decline