Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 584

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 584
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 of the written confirmation referred to in clause (B) of
this .

Section 8.2 .

(a) In order to terminate this Agreement pursuant to (other than
), the Party desiring to terminate this Agreement shall give written notice of such termination to the other Party, specifying the provision of this Agreement pursuant to which such termination is effected. In
the event of termination hereof as provided in , (i) this Agreement shall forthwith become void and there shall be no Liability on the part of any Party, whether arising prior to, at or after such time,
except (1) for the provisions of , , , and and this
, and any related defined terms, which shall each survive in accordance with their respective terms and (2) no such termination shall relieve either Party from any Liability or damages arising out of a
willful and material breach of any of its covenants or agreements set forth herein or Fraud and (ii) if this Agreement has been terminated (A) by Indiana or Saturn pursuant to a Regulatory Condition Termination and at the time of such
termination Saturn did not have the right to terminate this Agreement under , or , (B) by Indiana or Saturn pursuant to
and, at the time of such termination under , Indiana would have been entitled to terminate this Agreement under or
or (C) by Indiana pursuant to or (assuming that the written confirmation contemplated by the applicable clause (B)
thereof had been provided and the Non-Terminating Party had not consummated the Closing within three Business Days after receipt of such written confirmation), then following such termination Saturn and
Indiana (or their applicable Subsidiaries) shall negotiate in good faith to prepare and execute (or cause its applicable Subsidiary to execute) a commercial agreement between Saturn (or its applicable Subsidiary) and Indiana (or its applicable
Subsidiary), in a form that incorporates the terms and conditions set forth in the Commercial Agreement Term Sheet in all material respects (such agreement, the “”) within thirty (30) days after the date of
such termination; that, solely in the event the Commercial Agreement is not executed prior to such date, (x) Saturn and Indiana shall continue to negotiate in good faith to prepare and execute the Commercial Agreement and
(y) the Commercial Agreement Term Sheet shall be deemed to be binding on the Parties (or their applicable Subsidiaries) and the terms and conditions set forth therein shall govern until such time as such agreement is so executed.

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