Company: OSIS
Filing Date: 2025-11-20
Form Type: 8-K
Source: 0001104659-25-114644
Chunk: 3

Company: OSI SYSTEMS INC
Filing Date: 2025-11-20
Form: 8-K
Item: Item 1.01
Chunk 3
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 Default involving bankruptcy, insolvency or reorganization
events with respect to the Company (and not solely with respect to a significant subsidiary of the Company) occurs, then the principal
amount of, and all accrued and unpaid interest on, all of the Notes then outstanding will immediately become due and payable without any
further action or notice by any person. If any other Event of Default occurs and is continuing, then, the Trustee, by notice to the Company,
or noteholders of at least 25% of the aggregate principal amount of Notes then outstanding, by notice to the Company and the Trustee,
may declare the principal amount of, and all accrued and unpaid interest on, all of the Notes then outstanding to become due and payable
immediately. However, notwithstanding the foregoing, the Company may elect, at its option, that the sole remedy for an Event of Default
relating to certain failures by the Company to comply with certain reporting covenants in the Indenture consists exclusively of the right
of the noteholders to receive special interest on the Notes for up to 365 days at a specified rate per annum not exceeding 0.50% on the
principal amount of the Notes.

The above description of the Indenture and the Notes is a summary and
is not complete. A copy of the Indenture and the form of the certificate representing the Notes are filed as exhibits 4.1 and 4.2, respectively,
to this Current Report on Form 8-K, and the above summary is qualified by reference to the terms of the Indenture and the Notes set
forth in such exhibits.