Company: STAA
Filing Date: 2025-08-05
Form Type: DEFA14A
Source: 0001193125-25-173098
Chunk: 18

Company: STAAR SURGICAL CO
Filing Date: 2025-08-05
Form: DEFA14A
Chunk 18
---
 of the foregoing. This
, and not or, shall govern with respect to such appraisals and demands.

1.6 Treatment of Company Long-Term Incentive Compensation.

(a) At the Effective Time, each Company Option which has a per Share exercise price that is less than the Merger Consideration (each, an
“”) (whether or not then vested) shall be cancelled and the holder thereof shall be entitled to receive a cash payment equal
to (i) the excess of (A) the Merger Consideration over (B) the per Share exercise price under such In-the-Money Company Option, multiplied by
(ii) the total number of Shares subject to such In-the-Money Company Option immediately prior to the Effective Time.

(b) At the Effective Time, each Company Option that is not an
In-the-Money Company Option (each, an
“”) shall be cancelled at the Effective Time without any consideration payable
therefor.

(c) At the Effective Time, each then outstanding Company RSU Award (whether or not then vested) that was granted prior to the
date hereof or that is held by a non-employee member of the Board of Directors shall be cancelled and the holder thereof shall be entitled to receive a cash payment equal to the product of (i) the Merger
Consideration and (ii) the total number of Shares subject to such Company RSU Award.

(d) At the Effective Time, each then
outstanding Company PSU Award (whether or not then vested) shall be cancelled and the holder thereof shall be entitled to receive a cash payment equal to the product of (i) the Merger Consideration and (ii) the total number of Shares
subject to such Company PSU Award immediately prior to the Effective Time, with performance deemed achieved at 160% of the target level.

7

(e) At the Effective Time, each then outstanding Company Cash Award shall vest in full (to
the extent unvested) and be paid as soon as reasonably practicable after the Effective Time, and in any event by the second regularly scheduled payroll date following the Closing Date.

(f) As soon as reasonably practicable after the Effective Time, and in any event by the second regularly scheduled payroll date following the
Closing Date, Parent shall cause the Surviving Corporation to, and the Surviving Corporation shall, pay the aggregate cash consideration payable pursuant to this with respect to In-the-Money Company Options, Company RSU Awards and Company PSU Awards (collectively, “”) through