Company: STAA
Filing Date: 2025-11-07
Form Type: DEFA14A
Source: 0001193125-25-271794
Chunk: 2

Company: STAAR SURGICAL CO
Filing Date: 2025-11-07
Form: DEFA14A
Chunk 2
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 but the Company may solicit, negotiate and facilitate proposals from any third party who has submitted a written proposal that the Company’s board of directors determines in good faith, after consultation with financial advisors and outside legal counsel, constitutes or could reasonably be expected to lead to or result in a Superior Offer (as defined in the Merger Agreement). At the end of the go-shopperiod, the Company must notify Alcon of any Acquisition Proposals received during the go-shopperiod that remain pending following the expiration of the go-shopperiod, but the Company is not required during the go-shopperiod to notify Alcon of any proposals it receives. In addition, the Amendment provides that, prior to terminating the Amended Merger Agreement pursuant to Section 8.1(e) in order to accept a Superior Offer, the Company must, among other things, give Alcon prior written notice of its intent to terminate at least four (4) business days prior to such termination. However, the Company will not be required to negotiate with Alcon, and Alcon will not have a right to “match” such Superior Offer. In the event that the Termination Fee (as defined in the Amended Merger Agreement) becomes payable by the Company to Alcon (i) pursuant to Section 8.3(b)(i) as a result of a termination by the Company in order to accept a Superior Proposal from a Qualified Bidder, (ii) pursuant to Section 8.3(b)(ii) as a result of a termination by Alcon in response to a Company Adverse Recommendation Change (as defined in the Amended Merger Agreement) with respect to a Superior Offer from a Qualified Bidder or (iii) pursuant to Section 8.3(b)(iii) as a result of a termination in specified circumstances where the Company subsequently (within twelve (12) months of such termination) enters into a definitive agreement with respect to a qualifying Acquisition Proposal (and such transaction is subsequently consummated), the Termination Fee shall be $0. A “Qualified Bidder” is defined in the Amended Merger Agreement as a person or group of persons that has made an Acquisition Proposal during the go-shopperiod (provided that such Acquisition Proposal did not result from a breach of Section 5.4 of the Amended Merger Agreement) that, prior to the termination or expiration of the go-shopperiod, the Company’s board of directors has concluded in good faith (after consultation with its outside legal counsel and its financial advisor) either