Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 85

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 85
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 Merger Agreement is not the cause of, or has not resulted in,
the failure of the Closing to occur by the Outside Date, (iii) in the event an Authority shall have issued an Order or enacted a Law (as such terms are defined in the Merger Agreement), having the effect of prohibiting the Merger or making the
Merger illegal, which Order or Law is final and non-appealable, CSLM or Fusemachines shall have the right, at its sole option, to terminate the Merger Agreement without liability to the other party; provided, however, that the right to terminate the
Merger Agreement pursuant to this Section shall not be available to Fusemachines or CSLM if the failure by such party or its Affiliates to comply with any provision of the Merger Agreement has been a substantial cause of, or substantially resulted
in, such action by such Authority, (iv) in the event that the CSLM

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Shareholder Meeting has been held (including any adjournment thereof) and has concluded, and the holders of CSLM Common Shares have duly voted, and the CSLM Shareholder Approval was not obtained,
CSLM or Fusemachines shall have the right, at its sole option, to terminate the Merger Agreement within five (5) Business Days thereafter; and (v) in the event an Event of Default (as defined in the applicable Sponsor Convertible Note) has
occurred under a Sponsor Convertible Note, then CSLM or Fusemachines, as applicable, shall have the right, at its sole option, to terminate the Merger Agreement without liability to the other party at any time; provided, however, that such
termination by Fusemachines for an Event of Default pursuant to Section 3(g) of such Sponsor Convertible Note shall be deemed a CSLM Termination for Cause. Such right to terminate the Merger Agreement may be exercised by CSLM or Fusemachines,
as the case may be, giving written notice to the other at any time prior to the Outside Date.

Termination Upon Default

CSLM may terminate the Merger Agreement if (i) at any time prior to the Closing Date if (x) Fusemachines shall have breached any
representation, warranty, agreement or covenant contained herein to be performed on or prior to the Closing Date, which has rendered or would reasonably be expected to render the satisfaction of certain conditions impossible; and (y) such
breach cannot be cured or is not cured by the earlier of