Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006763
Chunk: 10

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 10
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urities proposed to be sold by the Demanding Holder with a total offering price reasonably expected to exceed, in the aggregate, US$7,500,000.

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2.4.1 . All requests for an Underwritten Takedown shall be made by giving written notice to the Company, which notice shall
specify the number of Registrable Securities proposed to be sold in the Underwritten Takedown (such written notice, a “”).

2.4.2 .
The majority-in-interest of the Demanding Holders initiating an Underwritten Takedown shall have the right to select the Underwriter(s) for
such Underwritten Offering (which shall consist of one or more reputable nationally recognized investment banks). The Company shall not
be required to include any Holder’s Registrable Securities in such Underwritten Takedown unless such Holder accepts the terms of
the underwriting as agreed between the Company and its Underwriter(s) in customary form and enters into and complies with an underwriting
agreement with such Underwriter(s) in customary form (after having considered and taken reasonable account of comments of a single
U.S. counsel for the Holders which are selling in the Underwritten Takedown). Notwithstanding anything to the contrary in this Agreement,
the Company may effect any Underwritten Takedown pursuant to any then effective Registration Statement, including a Form F-3, that
is then available for such offering.

2.4.3 . Notwithstanding anything to the contrary in this , under no circumstances
shall the Company be obligated to effect (a) more than an aggregate of two (2) Underwritten Takedowns within the first year
following the Closing or (b) for the period commencing one year after the Closing, more than one (1) Underwritten Takedown
within any three-month period.

2.5 . If the managing Underwriter or Underwriters in an Underwritten Offering pursuant to a Takedown Demand, in
good faith, advises the Company and the Demanding Holders and the Holders requesting piggy back rights pursuant to this Agreement with
respect to such Underwritten Offering (such Demanding Holders and other requesting Holders, the “”)
(if any) in writing that the dollar amount or number of Registrable Securities that the Demanding Holders and the Requesting Holders (if
any) desire to sell, taken together with all other Company Shares or other equity securities that the Company desires to sell and the
Company Shares, if any