Company: LPSN
Filing Date: 2025-09-15
Form Type: DEFA14A
Source: 0001102993-25-000156
Chunk: 254

Company: LIVEPERSON INC
Filing Date: 2025-09-15
Form: DEFA14A
Chunk 254
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 are set forth in this resolution of the Board of Directors pursuant to the authority expressly vested in it by the provisions of the Certificate of Incorporation and hereby constituting an amendment to the Certificate of Incorporation as follows: Section 1. Designation. The designation of the series of preferred stock of the Company is “Series B Fixed Rate Convertible Perpetual Preferred Stock”, par value $0.001 per share (the “Series B Preferred Stock”). Each share of the Series B Preferred Stock shall be identical in all respects to every other share of the Series B Preferred Stock. Each share of Series B Preferred Stock shall have an initial stated value equal to $1,000.00 (the “Initial Stated Value”). Section 2. Number of Shares. The authorized number of shares of Series B Preferred Stock is 26,551 shares of Series B Preferred Stock that are purchased or otherwise acquired by the Company, or converted into another series of Preferred Stock, shall revert to authorized but unissued shares of Preferred Stock (provided that any such cancelled shares of Series B Preferred Stock may be reissued only as shares of any series other than Series B Preferred Stock). Section 3. Defined Terms and Rules of Construction. (a) Definitions. As used herein with respect to the Series B Preferred Stock: “Accrued Regular Dividend Amount” shall have the meaning set forth in Section 4(a)(iii). “Affiliate” shall mean any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a Person, as such terms are used in and construed under Rule 405 of the Securities Act. For clarity, for purposes of this Certificate of Designation, (a) an investment fund, vehicle or account shall be deemed to be an Affiliate of all other investment funds, vehicles and accounts under common management, directly or indirectly, with a Person and (b) the Company and its Subsidiaries shall not be deemed to be Affiliates of a Holder or any of its Affiliates. “Amended Charter” shall have the meaning set forth in Section 7(a). “Average Common Stock Price” shall mean (i) the average of the closing sale prices per share of the Common Stock (or, if no closing sale price is reported, the average of the closing bid and ask prices per share or, if more than one in either case, the average of the average closing bid and the average closing ask prices per share) for the ten consecutive Trading Days immediately