Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 246

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 246
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 (B) CSLM and Merger Sub are willing, ready

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and able to effect the Closing, and (C) Fusemachines fails to effect the Closing within two (2) Business Days following the written request of CSLM to proceed with the Closing.

Fusemachines may terminate the Merger Agreement (i) at any time prior to the Closing Date if (x) CSLM shall have breached any of its
covenants, agreements, representations, and warranties contained herein to be performed on or prior to the Closing Date, which has rendered or reasonably would render the satisfaction of certain conditions impossible; and (y) such breach cannot
be cured or is not cured by the earlier of the Outside Date and thirty (30) days following receipt by CSLM of a written notice from Fusemachines describing in reasonable detail the nature of such breach, provided, however, that Fusemachines is
not then in material breach of any of its representations, warranties, covenants or agreements contained in the Merger Agreement. For the avoidance of doubt, Fusemachines shall also have the right to terminate if (A) such conditions have been
satisfied on or prior to the date of such termination (other than those conditions that, by their nature, cannot be satisfied until the Closing Date, but, which conditions would be satisfied if the Closing Date were the date of such termination),
(B) Fusemachines is willing, ready and able to effect the Closing, and (C) CSLM and Merger Sub fail to effect the Closing within two (2) Business Days following the written request of Fusemachines to proceed with the Closing.

In the event that the Merger Agreement is validly terminated by CSLM pursuant to Section 10.2(a) of the Merger Agreement, and at the time
of any such termination, Fusemachines is not permitted to terminate the Merger Agreement pursuant to Section 10.2(b) thereof, (such termination, a “CSLM Termination for Cause”), then Fusemachines shall pay to CSLM a termination fee in
the amount equal to $1,000,000 (which fee shall be payable within two (2) Business Days after such termination).

In the event that
the Merger Agreement is validly terminated by Fusemachines pursuant to Section 10.2(b) of the Merger Agreement, and at the time of any such termination, CSLM is not permitted to terminate the Merger Agreement pursuant to Section 10.2(a