Company: CTLPP
Filing Date: 2025-07-11
Form Type: PREM14A
Source: 0001140361-25-025663
Chunk: 146

Company: CANTALOUPE, INC.
Filing Date: 2025-07-11
Form: PREM14A
Chunk 146
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 response to such Acquisition Proposal, if and only if, (a) prior to taking any of the actions referred to in the two bullets here, (i) the Board determines in good faith, after consultation with its outside legal counsel and financial advisors, that such Acquisition Proposal constitutes or would reasonably be expected to result in a Superior Proposal, (ii) the Board determines in good faith, after consultation with Cantaloupe’s outside legal counsel, that the failure to take such actions in the two bullets here would be inconsistent with the directors’ fiduciary duties under applicable law; (iii) Cantaloupe delivers to 365 written notice advising 365 that Cantaloupe intends to take such action, (iv) Cantaloupe then receives from such third party an executed acceptable confidentiality agreement (provided that a copy of each such acceptable confidentiality agreement will be provided to 365 within 24 hours of execution of such acceptable confidentiality agreement) and (b) no more than 48 hours after taking any of the actions referred to in the first bullet here, Cantaloupe furnishes such non-public information to 365 (to the extent such nonpublic information has not been previously made available by Cantaloupe to 365). |

Cantaloupe is required to promptly notify 365 (but in no event later than 24 hours) after receipt by Cantaloupe (or any of its representatives) of (i) any Acquisition Proposal made after the date of the Merger Agreement and (ii) any written request made after the date of the Merger Agreement for information relating to Cantaloupe or any of its subsidiaries or for access to the business, properties, assets, books or records of Cantaloupe or any of its subsidiaries by any third party in connection with, or that, to the knowledge of Cantaloupe or any member of the Board, is considering making, or is reasonably likely to make after the date of the Merger Agreement, an Acquisition Proposal, which written notice will identify the relevant third party and, to the extent known or available, the material terms and conditions of, any such Acquisition Proposal (including any material changes or proposed changes thereto) and include copies of any proposed agreements, material documentation and other written materials, including relating to the financing thereof. Thereafter, Cantaloupe will keep 365 reasonably informed, on a reasonably prompt and

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timely basis (but in no event later than 24 hours following receipt of applicable details