Company: CTLPP
Filing Date: 2025-07-24
Form Type: DEFM14A
Source: 0001140361-25-027048
Chunk: 171

Company: CANTALOUPE, INC.
Filing Date: 2025-07-24
Form: DEFM14A
Chunk 171
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 Holdco, Holdco II and Merger Subsidiary having performed and complied with, in all material respects, all of its obligations in the Merger Agreement required to be performed by each of them at or prior to the closing of the Merger; |

| • | subject to the standards and qualifications set forth in the Merger Agreement, the accuracy of the representations and warranties of 365, Holdco, Holdco II and Merger Subsidiary; and |

| • | Cantaloupe having received a certificate signed by an executive officer of 365 certifying the satisfaction of the conditions described in the preceding two bullets. |

The Merger is not subject to a financing condition. Termination of the Merger Agreement The Merger Agreement may be validly terminated, and the Merger may be abandoned at any time prior to the effective time of the Merger (notwithstanding any adoption and approval by Holdco II as sole shareholder of Merger Subsidiary or, other than with respect to (i) 365’s termination of the Merger Agreement in the event of an Adverse Recommendation Change or a Triggering Event prior to the receipt of the required Cantaloupe shareholder approval or (ii) Cantaloupe’s termination of the Merger Agreement to enter into a definitive agreement with a third party to effect a transaction contemplated by a Superior Proposal, as set forth in, and subject to the conditions of, the Merger Agreement):

| • | by mutual written agreement of Cantaloupe and 365; |

| • | by either Cantaloupe or 365, if any Restraint is in effect that permanently enjoins or otherwise permanently prohibits the consummation of the Merger, and such Restraint has become final and nonappealable; provided that the right to terminate the Merger Agreement pursuant to this bullet is not available to any party whose breach of the Merger Agreement was the primary cause of such Restraint (it being understand that 365, Holdco, Holdco II and Merger Subsidiary will be deemed a single party for purposes of the foregoing proviso); or |

| • | after the conclusion of the Special Meeting (including any adjournment or postponement thereof) at which a final vote is taken on a proposal to adopt the Merger Agreement, the required Cantaloupe shareholder approval has not been obtained. |

In addition, 365 may terminate the Merger Agreement if:

| • | prior to the receipt of