Company: FEAV
Filing Date: 2025-01-24
Form Type: PRE 14A
Source: 0000950170-25-008828
Chunk: 205

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-01-24
Form: PRE 14A
Chunk 205
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BEP Notes” means the convertible notes of the Company issued on January 14, 2025 and maturing August 15, 2028, issued in connection with the Amended and Restated Note Purchase Agreement.

“BEP Purchase Price” shall mean $2,500,000 less the aggregate purchase price (if any) actually paid at or prior to the Closing by any Affiliates of BEP pursuant to Section 2 of this Agreement.

“BEP Subscription Shares” shall mean the number of shares of Common Stock equal to the BEP Purchase Price divided by the Per Share Purchase Price, rounded to the nearest whole number.

“BEP Subscription Warrants” shall mean warrants to purchase the number of shares of Common Stock equal to $10 million divided by the Per Share Purchase Price, rounded to the

2

nearest whole number, which warrants shall have a term of exercise equal to one year from the initial exercise date, in a private placement, and will be represented by a common stock purchase warrant in the form attached to the Restructuring Support Agreement.

“BEP Warrant Shares” shall mean the shares of Common Stock issuable upon exercise of the BEP Subscription Warrants.

“Blocked Person” is any Person: (a) listed in the annex to, or is otherwise the subject of Executive Order No. 13224; (b) a Person owned or controlled by, or acting for or on behalf of, any Person that is listed in the annex to, or is otherwise subject to the provisions of, Executive Order No. 13224; (c) a Person with which any party is prohibited from dealing or otherwise engaging in any transaction by any Anti-Terrorism Law; (d) a Person that commits, threatens or conspires to commit or supports “terrorism” as defined in Executive Order No. 13224; or (e) a Person that is named on any OFAC List or other similar list.

“Business Day” means any day other than a Saturday, Sunday, or other day on which commercial banks are authorized to close under the Laws of, or are in fact closed in, the state of New York.

“Closing Date” the date on which Closing occurs.

“Code” is the Uniform Commercial Code, as the same may, from time to time, be enacted and in effect in the State of New York; provided, that, to the extent that the Code is used to define any term herein and such term is defined differently in different Articles or Divisions of the Code