Company: LPSN
Filing Date: 2025-09-15
Form Type: DEFA14A
Source: 0001102993-25-000156
Chunk: 262

Company: LIVEPERSON INC
Filing Date: 2025-09-15
Form: DEFA14A
Chunk 262
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 Series B Preferred Stock pursuant to this Section 4(a)(iii) is referred to herein as a “Regular PIK Dividend.” The Accrued Regular Dividend Amount in respect of any Regular Dividend Period shall, without duplication of any prior Regular PIK Dividends (if any), only be added to the Stated Value of such share of Series B Preferred Stock once. Regular Dividends with respect to each share of Series B Preferred Stock shall continue, from and after the date of each Regular PIK Dividend, if any, to accrue in an amount per annum equal to the Regular Dividend Rate of the then current Stated Value of such share of Series B Preferred Stock as of the relevant Regular Dividend Payment Record Date. (iv) Each Regular Dividend will be payable to Holders as they appear in the Register of the Company as of the Close of Business on the applicable record date, which with respect to Regular Dividends payable pursuant to this Section 4, shall be on the 15th day of each month in which a Regular Dividend Payment Date occurs, or, if such date is not a Business Day, the next day that is a Business Day (“Regular Dividend Payment Record Date”). The Company shall, no later than the Regular Dividend Payment Record Date immediately preceding the applicable Dividend Payment Date, provide notice to the Holders if the Company will pay the Regular Dividend for that Dividend Payment Date in cash. (b) Participating Dividends. In addition to the Regular Dividends, holders of Series B Preferred Stock shall be entitled to receive, for each share of Series B Preferred Stock, when, as and if declared by the Board of Directors, out of funds legally available for the payment of dividends, dividends and distributions to the same extent and on the same basis as and contemporaneously with dividends and distributions as declared by the Board of Directors with respect to shares of Common Stock in an amount equal to the product of (i) the number of shares of Common Stock issuable upon conversion of a share of Series B Preferred Stock pursuant to Section 7(a) hereof on the record date for the dividend or distribution on the Common Stock (assuming, for such purposes, the conditions to the Conversion as set forth in Section 7(a) had 8 been fully satisfied on the day immediately prior to such record date and without regard to any limitations on conversion) and (ii) the dividend or distribution payable on a share of the Common Stock (each such dividend, a