Company: CTLPP
Filing Date: 2025-07-24
Form Type: DEFM14A
Source: 0001140361-25-027048
Chunk: 142

Company: CANTALOUPE, INC.
Filing Date: 2025-07-24
Form: DEFM14A
Chunk 142
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aloupe and its subsidiaries or among Cantaloupe’s subsidiaries; |

| • | except in the ordinary course of business consistent with past practice or as required by their terms as in effect on the date of the Merger Agreement, (i) enter into any contract that would, if entered into prior to the date of the Merger Agreement, be a material contract, (ii) modify, amend, or terminate any material contract or any contract that would, if entered into prior to the date of the Merger Agreement, be a material contract or (iii) waive, release, terminate, amend, renew or assign any material rights or claims of Cantaloupe or any of its subsidiaries under any material contract or any contract that would, if entered into prior to the date of the Merger Agreement, be a material contract; |

| • | except as required under the terms of any employee plan as in effect on the date of the Merger Agreement: (i) increase or agree to increase the compensation or employee benefits payable or to become payable to any current or former employee, director or natural person independent contractor of Cantaloupe or any of its subsidiaries, other than in the ordinary course of business consistent with past practice with respect to adjustments to base salaries or base wages of employees or officers whose annualized cash compensation for the current calendar year is scheduled to be less than $250,000, (ii) grant, take any action to accelerate, or modify the period of exercisability or vesting of, any equity compensation awards, (iii) establish, adopt, enter into or amend any collective bargaining agreement, or recognize any union or other labor organization as a representative of any employee of Cantaloupe or its subsidiaries, (iv) hire (other than to fill an open position in the ordinary course of business) or terminate (other than for cause) any employee or natural person independent contractor whose annualized compensation is greater than $250,000, (v) establish, adopt, enter into, materially amend or terminate any employee plan or any plan, contract, policy or program that would be an employee plan if in effect as of the date of the Merger Agreement; or (vi) grant or increase any transaction bonus, retention bonus, severance or termination pay to, or enter into any transaction bonus, retention bonus or severance agreement with, any of Cantaloupe’s or any of its subsidiaries’ directors, officers, employees or natural person independent contractors; |

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