Company: FEAV
Filing Date: 2025-01-24
Form Type: PRE 14A
Source: 0000950170-25-008828
Chunk: 367

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-01-24
Form: PRE 14A
Chunk 367
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 4 Ascend Notes”), and (iii) Meridian, and Meridian purchased and acquired from the Issuer, for a purchase price of One Million Two Hundred Fifty Thousand Dollars ($1,250,000) (the “Amendment No. 4 Meridian Notes Purchase Price” and, collectively with the Amendment No. 4 BEP Notes Purchase Price and the Amendment No. 4 Ascend Notes Purchase Price, the “Amendment No. 4 Notes Purchase Price”), new secured promissory notes in the aggregate principal amount of One Million Two Hundred Fifty Thousand Dollars ($1,250,000) (the “Amendment No. 4 Meridian Notes”, collectively with the Amendment No. 4 BEP Notes and the Amendment No. 4 Ascend Notes, the “Amendment No. 4 Notes” and, collectively with the Initial Notes, the Amendment No. 2 Notes and the Amendment No. 3 Notes, the “Notes”). On the Amendment No. 4 Effective Date, Issuer shall issue to each of Bluescape, Ascend and Meridian, Notes in the form attached asExhibit Ehereto in the respective amounts for each Purchaser set forth onAnnex Bof Amendment No. 4.Schedule 2.2hereto sets forth, with respect to each Purchaser, the aggregate principal amount of

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Notes to be held by each Purchaser on the Amendment No. 4 Effective Date following the issuance and sale of the Amendment No. 4 Notes.

(b)Repayment. The Issuer shall make semi-annual payments of interest only on each Interest Payment Date, commencing (i) in the case of the Notes issued on the Restatement Date, on February 1, 2023, (ii) in the case of the Notes issued on the Amendment No. 2 Effective Date, on August 15, 2024, and (iii) in the case of the Notes issued on the Amendment No. 3 Effective Date and the Amendment No. 4 Effective Date, on February 15, 2025 and, in each case, continuing on each Interest Payment Date thereafter. All outstanding principal and accrued and unpaid interest with respect to the Notes is due and payable in full on the Maturity Date.

(c)Mandatory Prepayments.

(i)If the principal amount of the Notes is accelerated (including, but not limited to, upon the occurrence of a bankruptcy or insolvency event (including the