Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 574

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 574
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 of the CVRs following the Closing or a public listing of the CVRs; that any failure of Saturn to pursue a Liquidity Alternative shall not relieve Indiana of its obligations to
consummate the Acquisition when required hereunder. The Parties will work in good faith to modify the New CVR Agreement to reflect any agreement by the Parties in writing in respect of a Liquidity Alternative.

Section 5.22 . Indiana shall use commercially reasonable efforts to deliver at or prior to
the Closing duly executed written resignations, effective as of the Closing, of the directors and officers of Holdings and its Subsidiaries requested in writing by Saturn at least five (5) Business Days prior to the Closing (other than with
respect to the Resigning D&Os (whose resignation letters shall be delivered at Closing in accordance with )); that no such resignation shall be a resignation of such Person’s
employment and any failure to deliver any such resignations shall not relieve Saturn of its obligations to consummate the Acquisition when required hereunder.

Section 5.23 . As soon as reasonably practicable after the date hereof, Indiana
and Saturn shall reasonably cooperate to establish a mutually agreeable plan (a) to settle or terminate, by means of a cash payment, dividend, capital contribution, any combination of the foregoing or otherwise, any and all intercompany
receivables, payables, loans and balances between Indiana, on the one hand, and Holdings or any of its Subsidiaries, on the other hand (“Intercompany Accounts”), or (b) to assign or transfer the portion of any such Intercompany Accounts
held by Indiana to Holdings or any of its Subsidiaries (or as of the Closing, Saturn or any of its Subsidiaries) in each case as of prior to the Closing in a manner that would not result in (i) any Liabilities of Holdings or any of its
Subsidiaries (including any such Liabilities owing from Holdings or any of its Subsidiaries to Indiana) prior to, as of or after the Closing, other than Liabilities solely among Holdings and its Subsidiaries, or (ii) any Cash payment paid to
Indiana that is not remitted to Holdings pursuant to of this or .

Section 5.24 .

(a) This Agreement shall not constitute an agreement to transfer, and Indiana shall not be required to transfer to Saturn, Holdings or any of
their respective Subsidiaries, any Transferred Contract for which the

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