Company: LPSN
Filing Date: 2025-08-11
Form Type: DEFA14A
Source: 0001193125-25-177966
Chunk: 28

Company: LIVEPERSON INC
Filing Date: 2025-08-11
Form: DEFA14A
Chunk 28
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require.

RECITALS

WHEREAS, reference is made to that certain Indenture, dated as of December 4, 2020 (as amended, restated, amended and restated,
supplemented or otherwise modified from time to time, the “”), by and between the Company, as issuer thereunder, and U.S. Bank Trust Company, National Association (formerly U.S. Bank National Association), as
trustee (the “”), pursuant to which the Company issued $517,500,000 aggregate principal amount of 0% Convertible Senior Notes due 2026 (the “”);

WHEREAS, the Noteholders, severally and not jointly, and the Company have agreed to undertake certain transactions
(the “”) with respect to the Company’s capital structure on the terms set forth in this Agreement and the term sheet attached as hereto (together with its annexes, the “”);

WHEREAS, on the Closing Date (as defined below), on the terms and subject to the conditions set forth herein,
the Company and the Noteholders desire to exchange (the “”) $341,079,000 aggregate principal amount of the Existing Notes held by the Noteholders (the “”) for (i) an
aggregate amount of cash equal to $45,000,000 (the “”), (ii) $115,000,000 aggregate principal amount of the Company’s Second Lien Senior Subordinated Secured Notes due 2029 to be issued pursuant to the New
Secured Notes Indenture (as defined below) (the “”), (iii) shares of the Company’s common stock (the “”), $0.001 par value per share (“”), and
(iv) shares (the “”, and together with the New Secured Notes and the Common Equity Shares, the “”) of Series B Fixed Rate Convertible Perpetual Preferred Stock (the
“”), as further described in and in accordance with the Transaction Term Sheet (collectively, the consideration in clauses (i) through (iv), the “”);

WHEREAS, on the Closing Date, on the terms and subject to the conditions set forth herein, each Noteholder shall receive its pro rata
share of the Consideration in the percentage set forth opposite its name on attached hereto (the “”), representing the percentage of Notes held by such Noteholder over the total amount of
Noteholders’ Notes;

WHEREAS, on the Closing Date, the Company shall issue no less than an aggregate
51,188,165