Company: LPSN
Filing Date: 2025-08-11
Form Type: DEFA14A
Source: 0001193125-25-177966
Chunk: 29

Company: LIVEPERSON INC
Filing Date: 2025-08-11
Form: DEFA14A
Chunk 29
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 Common Equity Shares to the Noteholders and the sum of the aggregate (i) Common Equity Shares plus (ii) the shares of Common Stock into which the Preferred Equity Shares are convertible (the “”)
will equal 39.0% of the fully-diluted outstanding Common Stock on the Closing Date (the “”); for purposes of this Agreement, “fully-diluted” shall include the total number of shares of Common Stock
outstanding on the Closing Date, assuming the full vesting and exercise of all outstanding equity awards and options under the Company’s statutory and non-statutory incentive plans (but excluding out-of-the-money options) as well as the exercise of that certain Warrant to Purchase Common Stock, dated June 3, 2024, issued to
Lynrock Lake Master Fund LP (the “”) (inclusive of the anti-dilution adjustment to the Share-Settled Warrant resulting from the issuance of Common Equity Shares and Conversion Shares pursuant to the Exchange));

WHEREAS, the New Secured Notes will be issued pursuant to an indenture to be entered into on the Closing Date (as amended,
restated, amended and restated, supplemented or otherwise modified from time to time, the “”) by and among the Company, as issuer, the subsidiary guarantors from time to time party thereto (the
“Subsidiary Guarantors”), U.S. Bank Trust Company, National Association, or other trustee reasonably acceptable to the Company and the Required Noteholders (as defined below), as trustee (the “”), and U.S. Bank
Trust Company, National Association, or other agent reasonably acceptable to the Company and the Required Noteholders, as collateral agent (the “Collateral Agent”);

WHEREAS, the New Secured Notes will be secured by a second-priority lien on substantially all assets (other than certain excluded
assets mutually acceptable to the Company and the Required Noteholders) of the Company and the Subsidiary Guarantors; subject to permitted liens, including control agreements over deposit accounts (other than excluded accounts mutually acceptable to
the Company and the Required Noteholder) pursuant to the Security Agreement (as defined below) and the other security documents that the Company and the Subsidiary Guarantors are to execute in connection with the issuance of the New Secured Notes
(collectively, the “”);

WHEREAS, the payment by the Company of all amounts due in respect of
the New Secured Notes and the performance of the Company