Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 726

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 726
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 First Vesting Tranche Securities and/or the Second Vesting Tranche Securities, as the case may be, shall be immediately and irrevocably surrendered, and no consideration shall be delivered or deliverable in exchange therefor (the “ Forfeited Unvested Securities ”); (ii) New PubCo shall immediately upon receipt of the Forfeited Unvested Securities direct Continental Trust (or its successor) or such other intermediaries as appropriate to take any and all such actions to either cancel the Forfeited Unvested Securities, or transfer them into treasury, or otherwise take such further actions as New PubCo shall determine; and (iv) the Sponsors shall cease to have any right, title or interest in and to such Forfeited Unvested Securities. (d) During the Restricted Period, each certificate (if any are issued) evidencing any Vesting Securities shall be stamped or otherwise imprinted with, or each book entry account evidencing any Vesting Securities must bear, a legend in substantially the following form, in addition to any other applicable legends: “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO RESTRICTIONS ON TRANSFER, VOTING, DIVIDENDS AND OTHER RIGHTS SET FORTH IN A SPONSOR AGREEMENT, DATED AS OF MARCH 17, 2025, BY AND AMONG THE ISSUER OF SUCH SECURITIES (THE “ISSUER”) AND THE ISSUER’S SECURITY HOLDER NAMED THEREIN, AS AMENDED FROM TIME TO TIME. A COPY OF SUCH SPONSOR AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE ISSUER TO THE HOLDER HEREOF UPON WRITTEN REQUEST.” (e) Notwithstanding anything to the contrary herein, any Vesting Securities shall immediately vest and no longer be subject to the restrictions in this Section 4.1 immediately prior to (but conditioned upon) the occurrence of a Liquidation Event. (f) The Sponsors (and its Permitted Transferees) shall retain all of their rights as a beneficial holder of the Vesting Securities until such time, if any, that they are forfeited in accordance with this Agreement, including the right to vote and to receive any dividends and distributions in respect of any Vesting Securities; provided that any dividends and distributions declared and paid prior vesting shall be held by the Company and shall be paid to the Sponsors upon such time, if any, that the applicable Vesting Securities are no longer subject to the