Company: STAA
Filing Date: 2025-08-29
Form Type: PREM14A
Source: 0001193125-25-192889
Chunk: 171

Company: STAAR SURGICAL CO
Filing Date: 2025-08-29
Form: PREM14A
Chunk 171
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 equitably adjusted.

1.4 Surrender of Certificates; Stock Transfer Books.

(a) Prior to the Effective Time, Parent shall designate a bank or trust company reasonably acceptable to the Company to act as agent (the
“”) for the purposes of exchanging Shares represented by a certificate evidencing such Shares (the “”) and Book-Entry Shares for the Merger Consideration to which holders of such Shares
shall become entitled pursuant to . On or prior to the Closing Date, Parent shall deposit, or shall cause to be deposited, with the Exchange Agent cash sufficient to pay the aggregate Merger Consideration payable
pursuant to (the “”). The Payment Fund shall not be used for any purpose other than to pay the aggregate Merger Consideration in the Merger; providedthat any
interest or other income resulting from investment of the Payment Fund that results in an amount being held in the Payment Fund that is greater than the amount payable pursuant to and this
shall be promptly returned to Parent. The Payment Fund shall be invested by the Exchange Agent as directed by the Surviving Corporation;provided that such investments shall be (w) in obligations of
or guaranteed by the United States of America, (x) in commercial paper obligations rated A-1 or P-1 or better by Moody’s Investors Service, Inc. or
Standard & Poor’s Corporation, respectively, (y) in certificates of deposit, bank repurchase agreements or banker’s acceptances of commercial banks with capital exceeding $1 billion, or (z) in money market funds
having a rating in the highest investment category granted by a recognized credit rating agency at the time of acquisition or a combination of the foregoing and, in any such case, no such instrument shall have a maturity exceeding three
(3) months. Notwithstanding anything to the contrary herein, the Equity Award Consideration will not be deposited with the Exchange Agent and will be paid in accordance with . In the event the Payment Fund
shall be insufficient to pay the aggregate Merger Consideration in accordance with this Agreement (including and in respect of any Dissenting Shares that shall be deemed to have been converted as of the
Effective Time into the right to receive the Merger Consideration in accordance with the proviso in the first sentence of ), Parent shall promptly deposit, or cause to be deposited, additional funds with the
Exchange Agent in an amount that is equal to the shortfall that is required to make such payment.

(b) As soon as reasonably practicable
after the Effective Time and in any event not