Company: LBRDK
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001140361-25-000778
Chunk: 250

Company: Liberty Broadband Corp
Filing Date: 2025-01-10
Form: PRER14A
Chunk 250
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 change the manner in which contributions to any broad-based benefit plans are made or the basis on which such contributions are determined. |

| • | not (1) change its method of accounting, except as required by GAAP, Regulation S-X under the Exchange Act or under applicable law, or (2) change its or its subsidiaries’ fiscal year; |

| • | not, and will not permit any of its non-GCI subsidiaries to, (1) make, change or revoke any material tax election, other than (i) in the ordinary course consistent with past practice or (ii) in connection with the GCI divestiture and as expressly contemplated by the GCI separation principles, (2) settle or compromise any material tax liability with any governmental authority for an amount materially in excess of the amount reserved or provided for in accordance with GAAP in Liberty Broadband’s SEC documents, (3) surrender any right to claim a material refund of taxes, (4) consent to any extension or waiver (other than extensions of time to file tax returns obtained in the ordinary course of business) of the limitation period applicable to any claim for or assessment of taxes in excess of $1 million relating to Liberty Broadband or any of its non-GCI subsidiaries, (5) change any material method of tax accounting, (6) enter into any closing agreement pursuant to Section 7121 of the Code (or any similar provision of state, local or foreign law), (7) apply for any tax ruling, (8) file any amended U.S. federal income or other material tax return, (9) enter into any tax allocation indemnity sharing or similar agreement (other than any provisions contained in commercial agreements entered into the ordinary course of business the primary purpose of which does not relate to taxes), or (10) initiate or enter into any voluntary disclosure agreement or similar agreement with any governmental authority with respect to taxes in excess of $1 million; |

| • | not, and will cause its subsidiaries not to, authorize or enter into any commitment for any capital expenditures that would result in the aggregate amount of such capital expenditure authorizations, commitments and spend after the date of the merger agreement exceeding $25 million during any 12-month period; |

| • | not, and will cause its subsidiaries not to, (1) enter into any new line of business, other than the lines of business in which Liberty Broadband and its subsidiaries are currently engaged or (2) establish any non-wholly owned subsidiary or joint venture; |

| • | not