Company: STAA
Filing Date: 2025-09-16
Form Type: DEFM14A
Source: 0001193125-25-204396
Chunk: 109

Company: STAAR SURGICAL CO
Filing Date: 2025-09-16
Form: DEFM14A
Chunk 109
---
) | The amounts in this column reflect the value of continued group health coverage for 12 months at the same                                                                                                          
 expense to the executive as before termination (or, in the case of Mr. Farrell, reimbursement of group health coverage premiums for 24 months), as described under “—Employment Agreement” and “—Change in Control 
 Agreements” above. Such amounts are “double-trigger” (i.e., they are contingent upon a qualifying termination of employment in connection with the closing of the Merger).                                         |

| (4) | The amounts in this column reflect the estimated value of gross-up                                                                                                                                             
 payments to mitigate the impact of Sections 280G and 4999 of the Code, if STAAR enters into gross-up agreements with the applicable named executive officers as permitted under the Merger Agreement, as       
 described under “—Employment Agreement” and “—Change in Control Agreements” above. If the Effective Time occurs in 2026, based on reasonable assumptions, STAAR expects that only Mr. Farrell will be entitled 
 to tax gross-up payments.                                                                                                                                                                                      |

| (5) | Messrs. Frinzi and Williams are former STAAR executives who are no longer employees of STAAR. Mr. Frinzi                                                                                                                                       
 is a party to a consulting agreement with STAAR that expires on January 26, 2026, and the STAAR RSU Awards granted to Mr. Frinzi during his employment with STAAR continue to vest during the term of the consulting agreement. Messrs. Frinzi 
 and Williams will not receive compensatory payments or benefits in connection with the Merger, other than outstanding STAAR RSU Awards held by Mr. Frinzi that will vest at the Effective Time as set forth in the table above.                |

Financing of the Merger The Merger Agreement is not conditioned upon receipt of financing by Alcon. Alcon and Merger Sub have represented in the Merger Agreement that at August 4, 2025 (the date of the Merger Agreement) and at the Effective Time, it will have immediately available funds in an amount sufficient to consummate the Merger and the other transactions contemplated by the Merger Agreement, including payment of the aggregate Merger Consideration as and when due, and to pay all related fees and expenses required to be paid by Alcon or Merger Sub pursuant to the terms of the Merger Agreement. STAAR understands that Alcon expects to fund amounts needed for the acquisition of STAAR under