Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 561

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 561
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 salary or compensation to any such person or (D) hire any individual to replace any employee of Indiana whose annual base salary is more than $275,000 who resigns or whose employment is terminated;
that in no event shall Indiana make, or grant any right to receive, any “double trigger” or similar payments to any directors, managers, officers, employees, consultants or advisors other than Indiana RSUs or Indiana PSUs
issued in accordance with this ;

(xiv) enter into any Contract with any
Related Party (other than Contracts with or between wholly-owned Subsidiaries);

(xv) make any change in any method of
accounting or accounting practice or policy, except as required by Applicable Accounting Principles;

(xvi) except in the
ordinary course of business consistent with past practice, (A) make, revoke or modify any material Tax election, (B) settle or compromise any material Tax Liability, (C) amend any material Return or fail to file any material Return,
(D) consent to any extension or waiver of the limitation period applicable to any material Tax claim or assessment, (E) change any Tax accounting period or any method of Tax accounting, (F) enter into any voluntary disclosure
agreement or program with any Governmental Authority, (G) settle, compromise, concede or abandon any material Tax claim or assessment, (H) surrender any right to claim a refund of material Taxes, (I) enter into any Tax sharing
agreement, Tax indemnity agreement, Tax allocation agreement or any other similar arrangement or agreement relating to Taxes, (J) incur any material Tax or (K) enter into an arrangement subject to a reporting obligation within the scope of
the Council Directive of 25 May 2018 (2018/822/EU) amending Directive 2011/16/EU as regards to the mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements and any regulation
or law relating to, implementing or having similar effect to it in any relevant jurisdiction;

A-46

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

(xvii) take any action which would change its residence for Tax purposes,
including changing its country of organization or incorporation;

(xviii) abandon, assign to a third party, waive or permit
the lapse (other than with respect to Patents expiring at the end of the statutory term therefor) of any material Indiana Owned Intellectual Property