Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 114

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 114
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 announcing the execution of this Agreement. BSII
and the Company shall cooperate in good faith with respect to the prompt preparation of, and, as promptly as practicable after the effective
date of this Agreement (but in any event within four Business Days thereafter), BSII shall file with the SEC, a Current Report on Form 8-K
pursuant to the Exchange Act to report the execution of this Agreement. Prior to the Closing, BSII and the Company shall mutually agree
upon and prepare a press release announcing the consummation of the Transactions (“Closing Press Release”). Concurrently
with or promptly after the Closing, BSII shall issue the Closing Press Release and file it on a Current Report on Form 8-K. BSII
and the Company shall cooperate in good faith with respect to the preparation of, and, at least five days prior to the Closing, BSII shall
prepare, a draft Form 8-K announcing the Closing, together with, or incorporating by reference, the required pro forma financial
statements and the historical financial statements prepared by the Company and its accountant (the “Completion 8-K”).
Concurrently with the Closing, or as soon as practicable (but in any event within four Business Days) thereafter, BSII shall file the
Completion 8-K with the SEC.

Section 9.10. Company Equity Incentive Plan. Prior to the Closing Date, the Company shall approve and, subject to the approval of the Company Shareholders,
adopt an equity incentive plan with terms consistent with this Section 9.10 and on customary terms in line with equity incentive
plans adopted by companies listed on a Qualified Stock Exchange (the “Company Equity Incentive Plan”). The Company
Equity Incentive Plan will provide for the grant of awards to employees and other service providers of the Company and its Subsidiaries
with a total pool of awards of Company Class A Ordinary Shares not exceeding ten percent (10%) of the aggregate number of Company
Class A Ordinary Shares outstanding as of immediately after the Closing, on a fully diluted, as converted and as-exercised basis.
The Company Equity Incentive Plan shall be effective upon and from the Closing.

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Section 9.11. No Shop. During the Interim Period, BSII, on the one hand, and the Company and its Subsidiaries, on the other hand, will not, nor will
they direct, authorize, cause or permit their respective Representatives to