Company: LBRDK
Filing Date: 2025-01-22
Form Type: DEFM14A
Source: 0001140361-25-001609
Chunk: 252

Company: Liberty Broadband Corp
Filing Date: 2025-01-22
Form: DEFM14A
Chunk 252
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 than renewals), modify or terminate (other than expirations and/or non-renewals pursuant to its terms) certain material contracts or enter into any contract (other than upsells or renewals in accordance with the terms thereof) which would have been a material contract if entered into prior to the date of the merger agreement, except, in any such case, (i) in the ordinary course of business or (ii) in connection with the transactions contemplated by the transaction documents; |

| • | not, and will cause its subsidiaries not to, except (i) in the ordinary course of business consistent with past practice, (ii) if any such transaction would not result in any obligation or liability to Liberty |

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Broadband or any of its subsidiaries, and (iii) for any affiliate contracts in effect on the date of the merger agreement (including any renewals in accordance with the terms thereof after the date of the merger agreement), enter into any transactions between Liberty Broadband or any of its subsidiaries, on the one hand, and, on the other hand, any director, officer, affiliate or associate of Liberty Broadband or any of its subsidiaries, or certain other specified persons set forth in the merger agreement; or

| • | not enter into, or cause any of its subsidiaries to enter into, any agreement or otherwise make any commitment, or cause any of its subsidiaries to make any commitment, to do any of the foregoing. |

Conduct of Business of Charter In general, Charter has agreed that until the effective time, except (i) as required by applicable law, (ii) as expressly required or expressly permitted by the merger agreement or any other transaction document, or as expressly required by Charter’s organizational documents in effect as of the date of the merger agreement, (iii) as consented to in writing by Liberty Broadband (which consent will not be unreasonably conditioned, withheld or delayed), or (iv) as set forth in certain confidential disclosure letter provided by Charter to Liberty Broadband in connection with the merger agreement, Charter will:

| • | not, and will cause each of Merger Sub and Merger LLC not to, amend the Charter organizational documents or the organizational documents of Merger Sub or Merger LLC in a manner that would adversely affect the holders of shares of Liberty Broadband capital stock relative to other holders of Charter capital stock, except for the filing of the Charter certificate of designations pursuant to the merger agreement; |

| • | not authorize, adopt or publicly propose