Company: LPSN
Filing Date: 2025-08-11
Form Type: DEFA14A
Source: 0001193125-25-177966
Chunk: 69

Company: LIVEPERSON INC
Filing Date: 2025-08-11
Form: DEFA14A
Chunk 69
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 appoint such individual to the Board of Directors of the Issuer (the “Board”) as a Class II                              
 director on or after the Closing Date,                                                                                                                                                                                                                   |

|                      |     | subject to the Issuer’s standard nominating and governance processes. In the event that the foregoing candidate pool has not been provided prior to Closing, the Noteholders may identify prior to Closing a delegate to work with                       
 the Board to identify and nominate a new Class II director following the Closing Date, and the Issuer shall use commercially reasonable efforts to promptly appoint such individual to the Board, subject to the Issuer’s standard nominating            
 and governance processes. In the event that a delegate is selected, such delegate shall work with the Board independently and shall not discuss matters related to the nomination process with the other Noteholders. Both directors will be individuals 
 having the skills and qualifications generally expected of a public board member, and meeting the NASDAQ standards for an “independent director.” Once appointed by the Board, the new directors may not be removed or replaced by the                   
 Noteholders.                                                                                                                                                                                                                                             |
| Registration Rights: |     | Within five calendar days after the Closing Date, the Issuer shall prepare and file a registration statement covering the resale of (i) the Common Equity Shares and (ii) Conversion Shares (together, the                                               
 “Registrable Securities”), and shall use commercially reasonable efforts to have the registration statement declared effective by the SEC as promptly as practicable, but no later than the fifth (5th) business day after the date the                  
 Issuer is notified (orally or in writing, whichever is earlier) by the SEC that the registration statement will not be “reviewed” or will not be subject to further review, subject to customary permitted delays. On the Closing Date, the              
 Company will enter into a Registration Rights Agreement that will contain customary (i) obligations to keep the registration statement effective (subject to customary permitted suspensions), including obligations for the filing of amendments        
 and amendments or supplements to the prospectus included therein as may be necessary to comply with the provisions of the Securities Act with respect to the sale or disposition of the Registrable Securities, (ii) expense allocations,                
 (iii) indemnities and (iv) provisions with respect to assignments and waivers. The obligations of the Issuer under the Registration Rights Agreement will cease with respect to any Registrable Security upon the earliest to occur of:                  
 (a) a sale or other disposition of such Registrable Security pursuant to the registration statement or Rule