Company: CTLPP
Filing Date: 2025-07-11
Form Type: PREM14A
Source: 0001140361-25-025663
Chunk: 115

Company: CANTALOUPE, INC.
Filing Date: 2025-07-11
Form: PREM14A
Chunk 115
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 of excise taxes payable under Section 4999 of the Code.

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TABLE OF CONTENTS

Indemnification of our Directors and Officers 365 has agreed to cause the surviving corporation, and the surviving corporation has agreed to, provide certain indemnification and insurance to our directors and officers. For more information, see the section of this proxy statement titled “ The Merger Agreement—Directors’ and Officers’ Indemnification and Insurance”. Quantification of Potential Payments and Benefits to Our Named Executive Officers In accordance with Item 402(t) of Regulation S-K promulgated under the Securities Act of 1933, as amended, the table below sets forth the amount of payments and benefits that each of our named executive officers would or may receive in connection with the Merger. The amounts reported below are based on various assumptions that may or may not actually occur or be accurate on the relevant date, including assumptions described in the footnotes to the table and the below:

| • | The employment of each of our named executive officers is terminated other than for “cause” or by the named executive officer for “good reason”, in either case, immediately following the assumed effective time of the Merger; |

| • | No named executive officer enters into a rollover agreement; |

| • | Each named executive officer’s base salary remains unchanged from that in effect as of the date of this proxy statement; |

| • | For purposes of the annual bonus payments and Cantaloupe PSUs set forth in the table, achievement is at the target levels of performance; |

| • | Closing of the Merger occurs prior to the date on which Cantaloupe ordinarily would have paid fiscal year 2025 annual bonuses; |

| • | No 2026 Equity Awards are granted; and |

| • | No named executive officer has any payments or benefits that would be “excess parachute payments” pursuant Code Section 280G. |

The calculations in the table do not include amounts that Cantaloupe’s named executive officers were already entitled to receive or vested in as of the date of this proxy statement. In addition, these amounts do not attempt to forecast any additional equity award grants, issuances or forfeitures that may occur prior to the completion of the merger and do not reflect any Cantaloupe equity or other incentive awards that are expected to vest in accordance with their terms prior to the effective time of the Merger. As a result of the foregoing assumptions, which may or may