ContractShare Purchase Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020<DOCUMENT> <TYPE>EX-1 <SEQUENCE>3 <FILENAME>u92089exv1.txt <DESCRIPTION>SHARE PURCHASE AGREEMENT <TEXT> <PAGE> Exhibit 1 SHARE PURCHASE AGREEMENT RELATING TO SALE OF SHARES IN PERUSAHAAN PERSEROAN (PERSERO) PT INDONESIAN SATELLITE CORPORATION TBK <PAGE> TABLE OF CONTENTS <TABLE> <CAPTION> Page <S> <C> <C> ARTICLE I DEFINITIONS 1 1.1 DEFINITIONS 1 1.2 SECTION HEADINGS, CONSTRUCTION 6 ARTICLE II SALE AND PURCHASE; ESCROW; CLOSING 6 2.1 SALE SHARES, PURCHASE PRICE AND AGGREGATE PURCHASE PRICE 6 2.2 ACKNOWLEDGEMENT 6 2.3 ESCROW 6 2.4 CLOSING 6 2.5 CLOSING OBLIGATIONS 6 ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE SELLER 8 3.1 EXISTENCE; DUE AUTHORIZATION, EXECUTION AND DELIVERY 8 3.2 SOVEREIGN IMMUNITY 8 3.3 DECREES AND APPROVALS 8 3.4 VALID TITLE 9 3.5 NO OPTIONS 9 3.6 BROKERS AND FINDERS 9 3.7 NO VIOLATION 9 3.8 ESCROW 9 3.9 PROCEEDINGS 9 3.10 FINANCIAL STATEMENTS 9 3.11 BUSINESS SINCE 30 JUNE 2002 9 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE PURCHASER 9 4.1 EXISTENCE AND ORGA