Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 537

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 537
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 benefit plan of Saturn or any of its Affiliates for such plan year.

(c) . Indiana and Saturn hereby agree to reasonably cooperate in good faith to comply in all material respects
with all information, consultation, effects bargaining and other processes, if any, toward the relevant employees and relating to any works councils, unions and any employee representative bodies in connection with the transactions contemplated
hereby.

(d) . As soon as reasonably practicable after the date hereof, Indiana and Saturn shall reasonably cooperate
to establish and implement a retention plan providing for a minimum of $40,000,000 of payments to retain employees of Indiana and its Subsidiaries (either pre-Closing or post-Closing) (the “”). Notwithstanding anything to the contrary contained herein, Saturn shall have the authority and discretion to determine all terms of the Retention Plan and the recipients thereunder; that Saturn shall consider in good
faith the recommendations of Indiana’s Chief Executive Officer with respect to the Retention Plan prior to such determination. Saturn shall, or shall cause Holdings or its applicable subsidiary to, make all payments owed after the Closing under
the Retention Plan in accordance with the terms thereof.

(e) . The provisions of this
are solely for the benefit of the Parties, and nothing in this Agreement, express or implied, shall confer upon any employee or other service provider or legal representative or beneficiary or dependent
thereof, or any other person any rights or remedies of any nature or kind whatsoever under or by reason of this Agreement, whether as a third-party beneficiary other otherwise, including any right to employment or service or continued employment or
service for any specified

A-62

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

period, or level or compensation or benefits. Nothing in this Agreement, express or implied, shall constitute an amendment or modification of any Indiana Plan or shall require (either before or
following the Closing) Saturn, Indiana or any of their respective Subsidiaries to retain the employment of any particular employee or continue any Indiana Plan or any other employee benefit arrangements, or prevent the amendment, modification or
termination of such plan or other arrangement, as applicable.

Section 5.16 .

(a) Indiana shall promptly notify Saturn of any equityholder or warrant holder litigation arising from this Agreement or the Transactions that
is brought against Indiana and/or any of Indiana’s officers or Board of Directors (“”) and shall keep Saturn reasonably informed regarding any Transaction Litigation or threatened