Company: STAA
Filing Date: 2025-09-16
Form Type: DEFM14A
Source: 0001193125-25-204396
Chunk: 146

Company: STAAR SURGICAL CO
Filing Date: 2025-09-16
Form: DEFM14A
Chunk 146
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 not entitled to indemnification). If the Surviving Corporation or any of its subsidiaries so advances expenses, then Alcon will be entitled to assume the defense of such claim, action, suit or proceeding, if appropriate, with counsel -89-

satisfactory to such current or former director or officer. In the event of any such claim, action, suit, or proceeding, the Surviving Corporation and its subsidiaries will reasonably cooperate
in the defense of any such matter.

Prior to the Effective Time, STAAR will use reasonable best efforts, in consultation with Alcon, to
purchase “tail” directors’ and officers’ liability insurance for STAAR and its subsidiaries and their respective current and former directors, officers and employees who are covered by STAAR’s directors’ and
officers’ liability insurance in place as of August 4, 2025 (the “current D&O insurance”), in an amount that is no less than the existing coverage and with terms no less favorable than the existing coverage with respect to
claims arising from facts or events that occurred at or prior to the Effective Time, so long as the annual premium therefor would not be in excess of 300% of the aggregate annual premium paid by STAAR and its subsidiaries for the current D&O
insurance (the “Maximum Amount”). Such “tail” policy will be maintained for a period of six (6) years following the Closing Date. In the event such “tail” policy has not been purchased as of the Closing Date,
for a period of six (6) years from and after the Effective Time, the Surviving Corporation will, and Alcon will cause the Surviving Corporation to, either cause to be maintained in effect the current D&O insurance or provide substitute
insurance for STAAR and its subsidiaries and their current and former directors, officers and employees who are covered by the current D&O insurance, in either case, of not less than the existing coverage and having other terms not less
favorable to the insured persons than the current D&O insurance with respect to claims arising from facts or events that occurred at or before the Effective Time, except that if the payments in any annual period would exceed the Maximum Amount,
it will obtain as much comparable insurance as possible for the years within such six (6)
year period for a premium equal to the Maximum Amount.

Employee Matters

The Merger Agreement provides that, during the period commencing on the Closing Date and ending on the first anniversary of the Closing Date,
Alcon shall, or shall cause