Company: CTLPP
Filing Date: 2025-07-24
Form Type: DEFM14A
Source: 0001140361-25-027048
Chunk: 139

Company: CANTALOUPE, INC.
Filing Date: 2025-07-24
Form: DEFM14A
Chunk 139
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 securities of 365, Holdco or Holdco II, vote in order for 365, Holdco or Holdco II to consummate the transactions contemplated by the Merger Agreement; |

| • | the operations of Holdco, Holdco II and Merger Subsidiary; and |

| • | the absence of investment banker’s, broker’s, finder’s or other intermediary’s fees other than those payable to William Blair & Company. |

Covenants Regarding Conduct of Business by Cantaloupe Pending the Merger Cantaloupe has agreed to certain covenants in the Merger Agreement restricting the conduct of its business between the date of the Merger Agreement and the effective time of the Merger or, if applicable, the date on which the Merger Agreement is terminated. In general, Cantaloupe has agreed that, except for matters set forth in the Company Disclosure Letter, as expressly contemplated by the Merger Agreement, as required by applicable law or with the prior written consent of 365, from and after the date of the Merger Agreement until the effective time of the Merger, Cantaloupe will, and will cause each of its subsidiaries to, use commercially reasonable efforts to conduct its business in the ordinary course consistent with past practice in all material respects and to preserve intact its present business organization in all material respects, keep available the services of its directors, officers and key employees and maintain satisfactory relationships with its customers, lenders, suppliers and others having material business relationships with it. No action by Cantaloupe or any of its subsidiaries with respect to the matters specifically addressed below will be deemed to be a breach of the covenant described in this paragraph unless such action would constitute a breach of the restrictions described below. Without limiting the generality of the preceding paragraph, Cantaloupe has agreed that, except for matters set forth in the corresponding section of the Company Disclosure Letter, as expressly contemplated by the Merger Agreement, as required by applicable law or with the prior written consent of 365, between the date of the Merger Agreement and the effective time of the Merger, Cantaloupe will not and will not permit any of its subsidiaries to:

| • | (i) amend the Cantaloupe Articles or the Cantaloupe Bylaws, or (ii) amend the comparable organizational documents of any subsidiary of Cantaloupe, other than, with respect to clause (ii), for any changes that would not be material; |

| • | split, combine or reclassify