Company: CTLPP
Filing Date: 2025-07-11
Form Type: PREM14A
Source: 0001140361-25-025663
Chunk: 168

Company: CANTALOUPE, INC.
Filing Date: 2025-07-11
Form: PREM14A
Chunk 168
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 modified in such a manner as to adversely affect the rights of any Indemnified Person without the consent of such Indemnified Person. |

| • | the surviving corporation will pay, and 365 will cause the surviving corporation to pay, on an as-incurred basis the fees and expenses of such Indemnified Person (including the reasonable fees and expenses of counsel) incurred in good faith in advance of the final disposition of any action, suit, proceeding or investigation that is the subject of the right to indemnification; provided that such person will, prior to the receipt of any such advancements, undertake to reimburse the surviving corporation for all amounts so advanced if a court of competent jurisdiction determines, by a final, nonappealable order, that such person is not entitled to indemnification. |

Redemption of Preferred Stock Five business days prior to the date of the closing of the Merger (or such other date as Cantaloupe and 365 agree), Cantaloupe will send, in accordance with the Cantaloupe Articles and applicable law, the Redemption Notice to each record holder of such shares of preferred stock. Immediately prior to the effective time of the Merger, Cantaloupe will effect the Redemption at a redemption price payable in cash, by or on behalf of Cantaloupe, in an amount equal to $11.00 per share of preferred stock plus an amount equal to the accrued and unpaid cumulative dividends thereon to the date of the Redemption. 365 has agreed to provide (or to cause to be provided) immediately available funds to Cantaloupe to pay the full amount to each former holder of preferred stock to which such former holder is entitled pursuant to the Cantaloupe Articles in connection with the Redemption. Other Covenants and Agreements The Merger Agreement contains certain other covenants and agreements, including, but not limited to, covenants relating to:

| • | Cantaloupe providing reasonable access to information about Cantaloupe and any of its subsidiaries to 365 and its representatives; |

| • | 365 causing Holdco, Holdco causing Holdco II, Holdco II causing Merger Subsidiary to perform its obligations under the Merger Agreement; |

| • | Cantaloupe and 365 consulting with each other before issuance of any press release or other public statements; |

| • | Cantaloupe and 365 providing each other prompt notice of (i) the receipt of any written notice or other written communication from