Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 556

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 556
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 Indiana; , , that no Party shall have the right to terminate this Agreement under this if such Party has breached or failed to perform
any of its respective covenants or agreements hereunder, or if any of such Party’s representations or warranties in or , as applicable, is inaccurate, which breach,
failure to perform or inaccuracy would give rise to the failure of a condition in , , or
, as applicable;

(c) by either Indiana or Saturn if the Acquisition shall not have been
consummated by October 30, 2025 (the “” and, as it may be extended pursuant to this , the “”); , , that, if
on the Initial Outside Date, any of the conditions to closing set forth in , , , ,
, or (in each case, as relates to any Required Pre-Closing Regulatory Approval), shall
not have been satisfied or waived but all other conditions to Closing shall have been satisfied or waived (or, in the case of those conditions that by their nature are to be satisfied at the Closing or on the Closing Date, shall be capable of being
satisfied on such date), then the Initial Outside Date shall be automatically extended to January 28, 2026 (the “”); , , , that, if on the First Extended
Outside Date, any of the conditions to closing set forth in , , , ,
, or (in each case, as relates to any Required Pre-Closing Regulatory Approval) shall
not have been satisfied or waived but all other conditions to Closing shall have been satisfied or waived (or, in the case of those conditions that by their nature are to be satisfied at the Closing or on the Closing Date, shall be capable of being
satisfied on such date), then the First Extended Outside Date shall be automatically extended to April 28, 2026 (the “”); , , , that the right to terminate
this Agreement under this shall not be available if the failure of the Party so requesting termination to fulfill any obligation under this Agreement shall have been the primary cause of, or shall primarily
have resulted in, the failure of the Acquisition to be consummated on or prior to the Outside Date (as may have been extended);

(d) by
either Indiana or Saturn if the Indiana Shareholder Approval is not obtained at the Indiana Shareholders’ Meeting duly convened, or in the case of a lack of quorum, duly reconvened (unless such Indiana Shareholders’ Meeting has been
adjourned or postponed, in