Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 577

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 577
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v) any condition precedent to the Debt Financing that Saturn has any reason to believe will not be satisfied at or prior to
the Closing Date.

(f) Saturn expressly acknowledges and agrees that, notwithstanding anything to the contrary in this Agreement, none of
the availability, terms or the obtaining of all or any portion of the Debt Financing (or any alternate replacement financing) is in any manner a condition to any obligations of Saturn hereunder, including the obligation to consummate the
transactions contemplated hereby.

Section 5.20 . From
and after the Closing Date through the Liquidation Date, Saturn shall, and shall cause Holdings and its Subsidiaries to, provide Indiana and its Representatives with reasonable access during normal business hours upon reasonable prior notice to the
books, records, supporting data, instruments, papers, books of account, files, tangible or electronic embodiments of data, facilities and employees of the Combined Company, in each case, to the extent reasonably necessary for purposes of carrying
out the Liquidation and the transactions contemplated thereby.

Section 5.21 . From
and after the date hereof through the date that is sixty (60) days after the date hereof, Saturn and Indiana shall discuss in good faith monetization alternatives for the CVRs (“”), including a “Dutch
auction” tender offer by Saturn for all or a portion of the CVRs following the Closing or a public listing of the CVRs; that any failure of Saturn to pursue a Liquidity Alternative shall not relieve Indiana of its obligations to
consummate the Acquisition when required hereunder. The Parties will work in good faith to modify the New CVR Agreement to reflect any agreement by the Parties in writing in respect of a Liquidity Alternative.

Section 5.22 . Indiana shall use commercially reasonable efforts to deliver at or prior to
the Closing duly executed written resignations, effective as of the Closing, of the directors and officers of Holdings and its Subsidiaries requested in writing by Saturn at least five (5) Business Days prior to the Closing (other than with
respect to the Resigning D&Os (whose resignation letters shall be delivered at Closing in accordance with )); that no such resignation shall be a resignation of such Person’s
employment and any failure to deliver any such resignations shall not relieve Saturn of its obligations to consummate the Acquisition when required hereunder.

Section 5.23 . As soon as reasonably practicable after the date hereof, Indiana
and Saturn shall reasonably cooperate to establish a mutually agreeable plan (a