Company: LBRDK
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001140361-25-000778
Chunk: 275

Company: Liberty Broadband Corp
Filing Date: 2025-01-10
Form: PRER14A
Chunk 275
---
 achieved prior to June 30, 2027 on the agreed terms solely as a result of certain specified events, Liberty Broadband and Charter will consider in good faith alternative courses of action, including but not limited to, formal or informal debt refinancing actions. Voting of Charter Common Stock by Liberty Broadband Pursuant to the merger agreement, Liberty Broadband has agreed to vote its shares of Charter Class A common stock, or [ ] shares of Charter Class A common stock as of the record date representing approximately [ ]% of the aggregate voting power of the outstanding shares of Charter common stock (including common units of Charter Holdings held by A/N on an as-exchanged basis) as of such date, in favor of the share issuance proposal. Other Covenants and Agreements The merger agreement contains additional covenants and agreements relating to, among other matters:

| • | information and access rights; |

| • | Section 16 matters; |

| • | consultation and consent rights regarding any press releases or other public statements with respect to the merger agreement, the combination, or the other transactions contemplated by the merger agreement; |

| • | the allocation of expenses relating to the combination; |

143

TABLE OF CONTENTS

| • | notification of certain matters; |

| • | notice, cooperation and coordination relating to transaction-related litigation, if any; |

| • | the taking of certain actions to ensure no state anti-takeover laws or similar restrictions become applicable to the combination; |

| • | the delisting of Liberty Broadband Series A common stock, Liberty Broadband Series C common stock and Liberty Broadband preferred stock from the Nasdaq, the removal of the Liberty Broadband Series B common stock from the OTC markets, and the deregistration of Liberty Broadband capital stock under the Exchange Act; |

| • | the reservation and the authorization for the listing of Charter Class A common stock and Charter rollover preferred stock to be issued in connection with the combination on the Nasdaq; |

| • | certain obligations of Merger Sub and Merger LLC; |

| • | financing cooperation; |

| • | the termination of certain of Liberty Broadband’s affiliate contracts; and |

| • | the waiver of conflicts regarding representation. |

Conditions to the Combination The obligations of Liberty Broadband and Charter to complete the combination at or prior to the closing are subject to the satisfaction or waiver (to the extent permitted by law and the merger agreement) of the following conditions:

| • | the adoption of the merger agreement by the affirmative vote