Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 262

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 262
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 exceed $500,000 in the aggregate and (2) prepayments made to suppliers of PlusAI or any of its subsidiaries;

enter into, assume, assign, or amend any material term of, modify any material term of or terminate (excluding any expiration in accordance with its terms) any material contract (or any contract that would constitute a Material Contract if in effect on June 5, 2025), other than entry into such agreements in the

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ordinary course of business; provided, that neither PlusAI nor any subsidiary thereof shall modify, amend, renew, extend, terminate or enter into any material contract (or any contract that would constitute a material contract if in effect on June 5, 2025) if the effect thereof would be to (1) impose any material restrictions on the right or ability of the PlusAI or subsidiary thereof to engage in any line of business or compete with, or provide services to, any other person or in any geographic area, (2) grant any exclusive rights to license, market, sell or deliver any material product, service or owned intellectual property of PlusAI or any subsidiary thereof, (3) require PlusAI or any subsidiary thereof to exclusively purchase any material inventory, products, or services from such person, or (4) grant any “most favored nation” or similar provision in favor of the other party or a right of first refusal, first offer or first negotiation binding upon the PlusAI or any subsidiary thereof that, in each case, is material to PlusAI;

redeem, purchase or otherwise acquire, any equity interests (convertible or otherwise) of PlusAI or any of its subsidiaries, except (1) pursuant to exercises (excluding the exercise of redemption rights), conversion, settlement or cancellations of equity securities of PlusAI outstanding as of June 5, 2025 or issued or granted thereafter in compliance with the terms of the Merger Agreement, in each case in accordance with the terms of such securities, the applicable PlusAI stock plan, or award agreement, or (2) to satisfy tax obligations with respect to the settlement of PlusAI restricted stock units in the ordinary course of business consistent with past practice;

split, combine, subdivide, recapitalize or reclassify any change in respect of any shares or other equity interests or securities of PlusAI;

make any change in its customary accounting principles or methods of accounting materially affecting the reported consolidated assets, liabilities or results of operations of PlusAI and its subsidiaries, other than as may be required