Company: LPSN
Filing Date: 2025-09-15
Form Type: DEFA14A
Source: 0001102993-25-000156
Chunk: 267

Company: LIVEPERSON INC
Filing Date: 2025-09-15
Form: DEFA14A
Chunk 267
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 to such holder because of a failure by the Company to comply with the terms of this Certificate of Designations, and in all cases, the holder shall retain all of its rights and remedies for the Company’s failure to convert the Series B Preferred Stock pursuant hereto. (b) Conversion and Issuance Limitations. No Holder shall be permitted to receive Conversion Shares hereunder to the extent that after giving effect (but only after giving effect) to such conversion or receipt of such Conversion Shares, the Holder, in the aggregate and together with any Affiliate of such Holder, would beneficially own (as determined in accordance with Section 13(d) of the Exchange Act and the rules promulgated thereunder) in excess of 9.90% of the number of shares of Common Stock outstanding immediately after giving effect to such conversion or receipt of shares (the “Beneficial Ownership Limitation”). In addition, the Company shall not permit any Holder to vote, and such Holder shall not have the right to vote, in each case pursuant to Section 5(a), the portion of such Holder’s Series B Preferred Stock that, if converted pursuant to Section 7(a), would result in such Holder’s beneficial ownership exceeding the Beneficial Ownership Limitation. The foregoing provisions of this Section 7(b) shall not apply to a Holder who, in the aggregate and together with any Affiliate of such Holder, beneficially owned (as determined in accordance with Section 13(d) of the Exchange Act and the rules promulgated thereunder) in excess of 9.90% of the number of shares of Common Stock outstanding immediately before giving effect to such conversion or receipt of shares. The Holder shall furnish such information as the Company may reasonably request to assist it in determining the Holder’s beneficial ownership pursuant to this Section 7(b). The provisions of this Section 7(b) may be waived by a Holder (but only as to itself and not to any other Holder) upon not less than 61 days prior notice to the Company. Other Holders shall be unaffected by any such waiver. Any purported conversion (and delivery of shares of Common Stock upon conversion of the 11

Series B Preferred Stock) will be void and have no effect to the extent, but only to the extent, that such conversion and delivery would result in any Holder becoming the beneficial owner of shares of Common Stock outstanding at such time in excess of the Beneficial Ownership Limitation. It is understood that the Conversion shall be effective up to the Beneficial Ownership Limitation, subject to the