Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 734

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 734
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,000 SPAC Class B Ordinary Shares (the “ Forfeited Sponsor Shares ”), (c) CCS I will forfeit 148,333.33 SPAC Placement Warrants, which represent all of the SPAC Placement Warrants underlying the Placement Units held by CCS I following the conversion of the Placement Units into SPAC Class A Ordinary Shares and SPAC Placement Warrants (the “ Forfeited Sponsor Warrants ”), (d) Cantor will forfeit 90,000 SPAC Placement Warrants, which represent all of the SPAC Placement Warrants underlying the Placement Units held by Cantor following the conversion of the Placement Units into SPAC Class A Ordinary Shares and SPAC Placement Warrants (the “ Forfeited Cantor Warrants ”), (e) 4,312,500 of the New PubCo Securities to be issued to the Sponsors at Closing in exchange for their SPAC Class A Ordinary Shares (resulting from the preceding conversion from the SPAC Class B Ordinary Shares in accordance with the conversion mechanics set forth in the SPAC Governing Documents) will be subject to a lock-up (the “ Lock-up Securities ”); and (iii) 1,437,500 of the New PubCo Securities to be issued for the benefit of the Sponsors at Closing in exchange for their SPAC Class A Ordinary Shares (resulting from the preceding conversion from the SPAC Class B Ordinary Shares in accordance with the conversion mechanics set forth in the SPAC Governing Documents) will be subject to certain vesting conditions (the “ Vesting Securities ”), in each case on the terms and subject to the conditions set forth in this Agreement. WHEREAS , immediately following the Closing, the Sponsors will hold 6,195,000 New PubCo Common Shares, as set forth in Annex A . Annex C-1 WHEREAS , as an inducement to the New PubCo to enter into the Business Combination Agreement and to consummate the Transactions, the parties hereto desire to agree to certain matters as set forth herein. NOW, THEREFORE , in consideration of the foregoing and the mutual agreements contained herein, and intending to be legally bound hereby, the parties hereto hereby agree as follows: Article I DEFINITIONS 1.1 Defined Terms . For purposes of this Agreement, the following capitalized terms have the following meanings: “ Adjustment Event ” shall have the meaning set forth in Section 6.1 . “ Business Combination Agreement ” shall have the meaning set forth in the Recitals. “ First Vesting