Company: LPSN
Filing Date: 2025-09-15
Form Type: DEFA14A
Source: 0001102993-25-000156
Chunk: 34

Company: LIVEPERSON INC
Filing Date: 2025-09-15
Form: DEFA14A
Chunk 34
---
 Repurchase Date on such Note (and on any PIK Notes that would be issued to effect payment of such PIK Interest) through September 12, 2026 if such Fundamental Change not had occurred (excluding accrued and unpaid interest to, but excluding, the Fundamental Change Repurchase Date), computed using a discount rate equal to the relevant Premium Treasury Rate as of such Fundamental Change Repurchase Date plus 50 basis points, as calculated by the Company or its agent; or (b) if the Fundamental Change Repurchase Date is on or after September 12, 2026, the sum of (i) 5.00% of the aggregate principal amount of such Note (including all increases to the aggregate principal amount of such Note as a result of payments of PIK Interest), plus (ii) 5.00% of the portion of the accrued and unpaid interest on such Note to, but excluding, such Fundamental Change Repurchase Date (including, without duplication of any amounts described in clause (i), both the cash interest and PIK Interest portions thereof). 13 provided, that the Trustee shall have no responsibility to calculate or verify the calculation of the Fundamental Change Repurchase Premium. Thus, as an example, and for the avoidance of doubt, if a Fundamental Change occurs at any time prior to the Maturity Date, the amount payable as the “Fundamental Change Repurchase Price” on all Notes (including any Notes previously issued as PIK Notes) to be repurchased on the Fundamental Change Repurchase Date (unless such Fundamental Change Repurchase Date falls after an Interest Record Date but on or prior to the immediately succeeding Interest Payment Date) will consist of cash in an amount equal to the sum of (i) 100% of the aggregate principal amount of such Notes plus (ii) all the accrued and unpaid interest on such Notes at the full amount of Stated Interest to, but excluding, such Fundamental Change Repurchase Date plus (iii) the Fundamental Change Repurchase Premium on such Notes (including any such Notes previously issued as PIK Notes). To continue this example and for the further avoidance of doubt, if the Fundamental Change Repurchase Date falls after an Interest Record Date but on or prior to the Interest Payment Date to which such Interest Record Date relates, then (i) the Holders at the close of business on such Interest Record Date of all the Notes (including any Notes previously issued as PIK Notes) to be repurchased will be entitled, notwithstanding such Fundamental Change Repurchase Date, to receive, on such Interest