Company: LPSN
Filing Date: 2025-09-15
Form Type: DEFA14A
Source: 0001102993-25-000156
Chunk: 264

Company: LIVEPERSON INC
Filing Date: 2025-09-15
Form: DEFA14A
Chunk 264
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 Accrued Regular Dividend Amounts (including any accrued and unpaid Regular Dividends previously added to the Stated Value of the Series B Preferred Stock) or unpaid Participating Dividends on the Series B Preferred Stock have not been paid in full in cash. Section 6. Rank; Liquidation. (a) The Series B Preferred Stock shall, with respect to dividend rights and rights upon a Liquidation Event, rank (i) senior to all of the Common Stock; (ii) senior to the Series A Junior Participating Preferred Stock of the Company and any class or series of capital stock of the Company hereafter created specifically ranking by its terms junior to any Series B Preferred Stock (any such junior class, together with the Common Stock, “Junior Stock”; (iii) pari passu with any class or series of capital stock of the Company hereafter created not specifically ranking 9 by its terms junior or senior to the Series B Preferred Stock (any such class, “Parity Stock”); and (iv) junior to any class or series of capital stock of the Company hereafter created specifically ranking by its terms senior to the Series B Preferred Stock (“Senior Stock”). (b) Upon any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company or the occurrence of any Fundamental Transaction (each, a “Liquidation Event”), after satisfaction of all liabilities and obligations to creditors of the Company, subject to the rights of any class or series of Senior Stock and before any distribution or payment shall be made to any holder of any Junior Stock, each Holder shall be entitled to receive, out of the assets of the Company or proceeds thereof (whether capital or surplus) legally available therefor, an amount per share of Series B Preferred Stock equal to the sum of the greater of (i) 100% 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 date of the Liquidation Event and (ii) the amount that such Holder would have received had such Holder, as of the commencement of such Liquidation Event, converted each share of Series B Preferred Stock held by such Holder into the number of shares of Common Stock issuable to such Holder upon conversion of such Holder’s shares of Series B Preferred Stock pursuant to Section 7(a) hereof immediately prior to such Liquidation Event (assuming, for such purposes, the conditions to the Conversion as set forth in