Company: LPSN
Filing Date: 2025-09-15
Form Type: DEFA14A
Source: 0001102993-25-000156
Chunk: 269

Company: LIVEPERSON INC
Filing Date: 2025-09-15
Form: DEFA14A
Chunk 269
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 shall not be required to pay any tax that may be payable in respect of any transfer involved in the issuance and delivery of any such certificate upon conversion in a name other than that of the Holders of such shares of Series B Preferred Stock and the Company shall not be required to issue or deliver such certificates unless or until the Person or Persons requesting the issuance thereof shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that such tax has been paid. Section 8. Optional Redemption. At any time after the Original Issue Date (“Optional Redemption Date”), the Company may, at its option, redeem the Series B Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price equal to 100% 12 of the then current Stated Value, plus without duplication, all accrued and unpaid Regular Dividends and unpaid Participating Dividends on such share of Series B Preferred Stock to, but excluding, the Optional Redemption Date (the “Optional Redemption Right”). The Company shall exercise its Optional Redemption Right by mailing written notice to each Holder, which notice shall specify: (i) the number of shares of Series B Preferred Stock to be redeemed and the amount to be paid therefor; and (ii) the date on which such redemption shall occur, which shall be a Business Day not less than 10 days and not more than 20 days from the date on which such notice is mailed. If less than all outstanding shares of Series B Preferred Stock are to be redeemed, the Company shall redeem the shares of Series B Preferred Stock pro rata amongst all Holders according to the number of shares of Series B Preferred Stock held by each Holder. Section 9. Fractional Shares. Series B Preferred Stock may be issued in fractions of a share that shall entitle the holder, in proportion to such holder’s fractional shares, to exercise voting rights (subject to Section 7(d)(ii)), receive dividends, participate in distributions and to have the benefit of all other rights of holders of Series B Preferred Stock. Section 10. Certain Adjustments. Adjustment to Conversion Ratio and Number of Conversion Shares. The Conversion Ratio shall be adjusted from time to time by the Company if any of the following events occurs, except that the Company shall not make any adjustments to the Conversion Ratio if Holders of the Series B Preferred Stock participate (other than in the case of (x) a share split or share combination or (y) a tender or exchange offer), at