Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 392

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 392
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 without any required Third-Party
Consent or the payment of any additional consideration by) Service Recipient or its Affiliates (“”), Service Recipient, on behalf of itself and its Affiliates, hereby grants to Service Provider and its
Affiliates a non-exclusive, non-revocable (other than revocations in connection with a valid termination of a Service in accordance with
), worldwide, royalty-free, fully paid-up license (or sublicense subject to the terms of the third-party license, as applicable), under such Service Recipient IP, solely to
the extent necessary for Service Provider and its Affiliates to provide such Service in accordance with this Agreement and solely during the applicable Service Term.

(e) All rights and licenses with respect to Intellectual Property or other proprietary rights (including rights in or to data or other
Information) not expressly granted in this are expressly reserved by the relevant Party. Upon the termination or expiration of any Service pursuant to this Agreement, the license or sublicense, as applicable, to
the relevant Intellectual Property or other proprietary rights (including rights in or to data or other Information) granted hereunder in connection with such Service shall automatically terminate (except to the extent such license or sublicense
also applies to one or more Services that have not terminated or expired), and all licenses and sublicenses granted hereunder shall terminate immediately upon the expiration or earlier termination of this Agreement for any reason.

. With respect to any Service, and subject to
, Service Recipient agrees that (a) all software, hardware or data, procedures and materials provided to Service Recipient or its Affiliates by or on behalf of Service Provider or its Affiliates in
connection with such Service are solely for the use of Service Recipient and its Affiliates with respect to the SpinCo Business or the Company Business, as applicable, and solely for purposes of using such Service for the SpinCo Business or the
Company Business, as applicable, (b) other than that which is owned by or subject to a separate license to Service Recipient, Service Recipient shall not, and shall cause its Affiliates not to, copy, modify, reverse engineer, decompile,
distribute or in any way alter or make derivative works of any software, hardware or data used in performing such Service without Service Providers prior written consent, (c) other than that which is owned by or subject to
a separate license to Service Provider, Service Provider shall not, and shall cause its Affiliates not to, copy, modify,