Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 566

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 566
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 Maximum Amount, Saturn shall obtain such “tail” insurance with the most advantageous coverage for the Maximum Amount. The “tail” insurance shall include, subject to the
limitations set forth in the preceding sentence, wind down coverage for any claims or other matters arising out of the conduct of insureds in connection with the Liquidation on terms and conditions reasonably acceptable to Indiana. Notwithstanding
anything contrary contained herein (but without derogation of any obligations under this ), Saturn shall be entitled to pursue such a “tail” policy that contains an express waiver of subrogation in
respect of claims for indemnification with respect to Excluded Liabilities.

(c) The provisions of this
(i) shall survive consummation of the Transactions, (ii) are intended to be for the benefit of, and shall be enforceable by, each Pre-Closing Indemnified Person, each of which is an express
third-party beneficiary of this which Indiana accepts on their behalf and (iii) are in addition to, and not in substitution for, any other rights to indemnification or contribution that any such Person may
have by contract or otherwise.

(d) If Saturn or any of its successors or assigns shall (i) consolidate with or merge into any other
Person and shall not be the continuing or surviving Entity of such consolidation or merger or (ii) transfer all or substantially all of its properties and assets to any Person, then, and in each such case, proper provisions shall be made so
that the successors and assigns of Saturn shall assume all of the obligations of Saturn under this .

(e) The right to indemnification and the advancement and payment of expenses conferred in this shall
not be exclusive of any other right which a Pre-Closing Indemnified Person indemnified pursuant to this may have or hereafter acquire under any Law, any other
separate contractual arrangement, or otherwise. In addition, Saturn hereby acknowledges that certain directors and officers of Indiana may have certain rights to indemnification, advancement of expenses and/or insurance provided by Indiana. Saturn
hereby agrees (i) that it is the indemnitor of first resort to the extent of its obligations under this (i.e., its obligations to the Pre-Closing Indemnified Person
are primary and any obligation of Indiana to advance expenses or to provide indemnification for the same expenses or Liabilities incurred by the Pre-Closing Indemnified Person are secondary), (ii) that it
shall be required to advance the full amount of expenses incurred by the Pre-Closing Indem