<SEC-DOCUMENT>0001144204-19-030656.txt : 20190612
<SEC-HEADER>0001144204-19-030656.hdr.sgml : 20190612
<ACCEPTANCE-DATETIME>20190612111614
ACCESSION NUMBER:		0001144204-19-030656
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20190610
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190612
DATE AS OF CHANGE:		20190612

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			theMaven, Inc.
		CENTRAL INDEX KEY:			0000894871
		STANDARD INDUSTRIAL CLASSIFICATION:	CABLE & OTHER PAY TELEVISION SERVICES [4841]
		IRS NUMBER:				680232575
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12471
		FILM NUMBER:		19892916

	BUSINESS ADDRESS:	
		STREET 1:		1500 FOURTH AVENUE, SUITE 200
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98101
		BUSINESS PHONE:		775-600-2765

	MAIL ADDRESS:	
		STREET 1:		1500 FOURTH AVENUE, SUITE 200
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	THEMAVEN, INC.
		DATE OF NAME CHANGE:	20161209

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTEGRATED SURGICAL SYSTEMS INC
		DATE OF NAME CHANGE:	19960725
</SEC-HEADER>
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<TYPE>8-K
<SEQUENCE>1
<FILENAME>tv523376_8k.htm
<DESCRIPTION>8-K
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<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 12pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K<BR>
CURRENT REPORT<BR>
PURSUANT TO SECTION 13 OR 15(D) OF THE<BR>
SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):
June 10, 2019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B><U>THEMAVEN,
INC.&nbsp;</U></B></FONT><BR>
(Exact Name of Registrant as Specified in Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DELAWARE</FONT></TD>
    <TD STYLE="width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 32%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12471</FONT></TD>
    <TD STYLE="width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 32%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">68-0232575</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(State or Other Jurisdiction of</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Incorporation)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Commission File Number)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(IRS Employer Identification No.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 43%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1500 Fourth Avenue, Suite 200 Seattle, WA</FONT></TD>
    <TD STYLE="width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 55%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">98101</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address of Principal Executive Offices)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Zip Code)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s telephone number, including
area code: &nbsp;775-600-2765</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Securities registered pursuant to Section
12(b) of the Act:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title of each class</FONT></TD>
    <TD STYLE="width: 27%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trading Symbol(s)</FONT></TD>
    <TD STYLE="width: 40%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name on exchange on which registered</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">None</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction&nbsp;.2.
below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">* Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;230.405 of this chapter) or Rule 12b-2 of the Securities
Act of 1934 (&sect;240.12b-2 of this chapter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Emerging
growth company </FONT><FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">If
any emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </FONT><FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Wingdings; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item&nbsp;1.01</B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&mdash;
Entry into Material Definitive Agreement.</B></FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><U>Merger Agreement</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">On June 11, 2019,
TheMaven, Inc. (the &ldquo;Company&rdquo;), TST Acquisition Co., Inc., a Delaware corporation (&ldquo;TSTAC&rdquo;), and a wholly-owned
subsidiary of the Company, and TheStreet, Inc., a Delaware corporation (&ldquo;TheStreet&rdquo;), entered into an Agreement and
Plan of Merger (the &ldquo;Merger Agreement&rdquo;), pursuant to which TSTAC will merge with and into TheStreet, with TheStreet
continuing as the surviving corporation in the merger, and a wholly-owned subsidiary of the Company (the &ldquo;Merger&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">The Merger Agreement
provides that all issued and outstanding shares of common stock of TheStreet (other than those shares with respect to which appraisal
rights have been properly exercised) will be exchanged for an aggregate of $16.5 million in cash (the &ldquo;Merger Consideration&rdquo;).
Pursuant to the terms of the Merger Agreement, on June 10, 2019, the Company deposited the Merger Consideration into an escrow
account pursuant to an Escrow Agreement, dated June 10, 2019, by and among the Company, TheStreet and Citibank, N.A., as escrow
agent. In addition, in connection with the Merger, all outstanding stock options (whether vested or unvested) issued by TheStreet
will be cancelled for no additional consideration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">The Merger Agreement
further provides that at or shortly prior to the closing of the Merger, each former stockholder of TheStreet shall receive one
contractual contingent value right (each a &ldquo;CVR&rdquo;) for each share of common stock held, which will entitle the former
stockholder to receive his or hers pro rata share of certain funds held in escrow pursuant to (i) the Escrow Agreement, dated as
of June 20, 2018, by and among TheStreet, Bankers Financial Products Corporation, S&amp;P Global Market Intelligence Inc. and Citibank,
N.A., as escrow agent; and (ii) the Escrow Agreement, dated as of February 14, 2019, by and among TheStreet, Euromoney Institutional
Investor PLC and Citibank, N.A., as escrow agent, when, and if, such funds are released from their respective escrow accounts;
however, there can be no assurance that these funds will be released from escrow in full or at all. The CVRs will not be registered
under the Securities Act of 1933, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">The Merger Agreement
contains various representations and warranties by TheStreet about its business, operations and financial condition. Consummation
of the Merger is subject to certain closing conditions, including approval by The Street&rsquo;s stockholders of the Merger and
the payment of a special cash distribution by the TheStreet to its stockholders prior to the consummation of the Merger. Accordingly,
there is no assurance that the Merger will be completed as contemplated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">The Merger Agreement
has been provided pursuant to applicable rules and regulations of the Securities and Exchange Commission in order to provide investors
and stockholders with information regarding its terms; however, it is not intended to provide any other factual information about
the Company or TheStreet, their respective subsidiaries and affiliates, or any other party. In particular, the representations,
warranties and covenants contained in the Merger Agreement have been made only for the purpose of the Merger Agreement and, as
such, are intended solely for the benefit of the parties to the Merger Agreement. In many cases, these representations, warranties
and covenants are subject to limitations agreed upon by the parties and are qualified by certain disclosures exchanged by the parties
in connection with the execution of the Merger Agreement. Furthermore, many of the representations and warranties in the Merger
Agreement are the result of a negotiated allocation of contractual risk among the parties and, taken in isolation, do not necessarily
reflect facts about the Company, TheStreet, their respective subsidiaries and affiliates or any other party. Likewise, any references
to materiality contained in these representations and warranties may not correspond to concepts of materiality applicable to investors
or stockholders. Finally, information concerning the subject matter of the representations and warranties may change after the
date of the Merger Agreement and these changes may not be fully reflected in the Company&rsquo;s public disclosures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">In connection with
the Merger Agreement, on June 11, 2019, 180 Degree Capital Corp. and TheStreet SPV Series - a Series of 180 Degree Capital Management,
LLC, solely in their capacities as stockholders of TheStreet, entered into a Voting Agreement with the Company and TSTAC (the &ldquo;Voting
Agreement&rdquo;) pursuant to which each such stockholder agrees, upon the terms and subject to the conditions of such Voting Agreement,
to vote at TheStreet&rsquo;s Stockholders&rsquo; Meeting (as that term is defined in the Merger Agreement) the shares of TheStreet&rsquo;s
common stock beneficially owned by it in favor of the adoption of the Merger Agreement and the approval of the Merger at the Stockholders&rsquo;
Meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">The foregoing is
only a brief description of the respective material terms of the Merger Agreement and the Voting Agreement, does not purport to
be a complete description of the respective rights and obligations of the parties thereunder and is qualified in its entirety by
reference to the Merger Agreement and the Voting Agreement, that are filed as Exhibits 10.1 and 10.2, respectively, to this Current
Report on Form 8-K and incorporated by reference herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><U>Note Purchase Agreement</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">On June 10, 2019,
the Company entered into a Note Purchase Agreement (the &ldquo;Note Purchase Agreement&rdquo;) with one accredited investor, BRF
Finance Co., LLC (the &ldquo;Investor&rdquo;), an affiliated entity of B. Riley FBR, Inc. (&ldquo;B. Riley&rdquo;), pursuant to
which the Company issued to the Investor a 12.0% senior secured note (the &ldquo;Note&rdquo;), due July 31, 2019, in the aggregate
principal amount of $20,000,000, which after taking into account B. Riley&rsquo;s placement fee of $1,000,000 and legal fees and
expenses of the Investor, resulted in the Company receiving net proceeds of $18,865,000, of which $16,500,000 was deposited into
escrow the fund the Merger Consideration and the balance of $2,365,000 will be used by the Company for working capital and general
corporate purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">In addition, the
Company and each of its subsidiaries (Maven Coalition, Inc., HubPages, Inc., Say Media, Inc. and TST Acquisition Co., Inc.) entered
into a Pledge and Security Agreement (the &ldquo;Security Agreement&rdquo;) with the Investor, pursuant to which the Company and
each subsidiary granted a security interest in all of the their respective assets to the Investor to secure the Company&rsquo;s
obligations under the Note. Furthermore, pursuant to the terms of the Note Purchase Agreement, each subsidiary, jointly and severally,
guaranteed the Company&rsquo;s obligations under the Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">The foregoing is
only a brief description of the respective material terms of the Note Purchase Agreement, the Note and the Security Agreement,
and is qualified in its entirety by reference to the Note Purchase Agreement, the form of Note and the Security Agreement that
are filed as Exhibits 10.3, 10.4 and 10.5, respectively, to this Current Report on Form 8-K and incorporated by reference herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Item 8.01 &mdash; Other Events.
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">On June 12 2019,
the Company issued a press release announcing the execution of the Merger Agreement. A copy of the press release is attached hereto
as Exhibit 99.1 and is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Item 9.01 &mdash; Financial Statements
and Exhibits. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">(d) Exhibits</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white">                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>Exhibit No.&#9; </TD><TD>&#9;Description</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in"><A HREF="tv523376_ex10-1.htm" STYLE="-sec-extract: exhibit">10.1</A></TD><TD><A HREF="tv523376_ex10-1.htm" STYLE="-sec-extract: exhibit">Agreement and Plan of Merger, dated as of June 11, 2019, by and among TheMaven, Inc., TST Acquisition Co., Inc. and TheStreet,
Inc.</A></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in"><A HREF="tv523376_ex10-2.htm" STYLE="-sec-extract: exhibit">10.2</A></TD><TD><A HREF="tv523376_ex10-2.htm" STYLE="-sec-extract: exhibit">Voting Agreement, dated as of June 11, 2019, by and among 180 Degree Capital Corp., TheStreet SPV Series - a Series of 180
Degree Capital Management, LLC, TheMaven, Inc. and TST Acquisition Co., Inc.</A></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in"><A HREF="tv523376_ex10-3.htm" STYLE="-sec-extract: exhibit">10.3</A></TD><TD><A HREF="tv523376_ex10-3.htm" STYLE="-sec-extract: exhibit">Note Purchase Agreement, dated June 10, 2019, by and among TheMaven, Inc., Maven Coalition, Inc., HubPages, Inc., Say Media,
Inc., TST Acquisition Co., Inc. and the Investor</A></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in; text-align: left"><A HREF="tv523376_ex10-4.htm" STYLE="-sec-extract: exhibit">10.4</A></TD><TD STYLE="text-align: justify"><A HREF="tv523376_ex10-4.htm" STYLE="-sec-extract: exhibit">Form of Note</A></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in"><A HREF="tv523376_ex10-5.htm" STYLE="-sec-extract: exhibit">10.5</A></TD><TD><A HREF="tv523376_ex10-5.htm" STYLE="-sec-extract: exhibit">Pledge and Security Agreement, dated June 10, 2019, by and among TheMaven, Inc., Maven Coalition, Inc., HubPages, Inc., Say
Media, Inc., TST Acquisition Co., Inc. and the Investor</A></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in; text-align: left"><A HREF="tv523376_ex99-1.htm" STYLE="-sec-extract: exhibit">99.1</A></TD><TD STYLE="text-align: justify"><A HREF="tv523376_ex99-1.htm" STYLE="-sec-extract: exhibit">Press Release issued by the Registrant on June 12,
2019</A></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>THEMAVEN, INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated: June 12, 2019</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Josh Jacobs</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Josh Jacobs</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: President</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 256.5pt"></P>

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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tv523376_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><I>Execution Copy</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AGREEMENT AND PLAN OF MERGER</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">By and Among</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THEMAVEN, INC.,</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TST ACQUISITION CO., INC.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THESTREET, INC.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Dated as of June 11, 2019</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="text-transform: uppercase"><B>Table of Contents</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 17%; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 73%; text-align: center"></TD>
    <TD STYLE="width: 10%; text-align: center"><B>Page</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article I DEFINITIONS</FONT></TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 1.1</TD>
    <TD>Definitions</TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article II THE MERGER</FONT></TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 2.1</TD>
    <TD>The Merger</TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 2.2</TD>
    <TD>Closing</TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 2.3</TD>
    <TD>Effective Time</TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 2.4</TD>
    <TD>Certificate of Incorporation and Bylaws</TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 2.5</TD>
    <TD>Board of Directors</TD>
    <TD STYLE="text-align: right">3</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 2.6</TD>
    <TD>Officers</TD>
    <TD STYLE="text-align: right">3</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article III EFFECT OF THE MERGER ON CAPITAL STOCK; EXCHANGE OF CERTIFICATES</FONT></TD>
    <TD STYLE="text-align: right">3</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 3.1</TD>
    <TD>Effect on Securities</TD>
    <TD STYLE="text-align: right">3</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 3.2</TD>
    <TD>Exchange of Certificates</TD>
    <TD STYLE="text-align: right">4</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 3.3</TD>
    <TD>Stock Options</TD>
    <TD STYLE="text-align: right">7</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 3.4</TD>
    <TD>Lost Certificates</TD>
    <TD STYLE="text-align: right">7</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 3.5</TD>
    <TD>Dissenting Shares</TD>
    <TD STYLE="text-align: right">7</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 3.6</TD>
    <TD>Transfers; No Further Ownership Rights</TD>
    <TD STYLE="text-align: right">7</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article IV REPRESENTATIONS AND WARRANTIES OF THE COMPANY</FONT></TD>
    <TD STYLE="text-align: right">8</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.1</TD>
    <TD>Organization and Qualification; Subsidiaries</TD>
    <TD STYLE="text-align: right">8</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.2</TD>
    <TD>Certificate of Incorporation and Bylaws</TD>
    <TD STYLE="text-align: right">8</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.3</TD>
    <TD>Capitalization</TD>
    <TD STYLE="text-align: right">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.4</TD>
    <TD>Authority Relative to Agreement</TD>
    <TD STYLE="text-align: right">10</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.5</TD>
    <TD>No Conflict; Required Filings and Consents</TD>
    <TD STYLE="text-align: right">10</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.6</TD>
    <TD>Permits and Licenses</TD>
    <TD STYLE="text-align: right">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.7</TD>
    <TD>Compliance with Laws</TD>
    <TD STYLE="text-align: right">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.8</TD>
    <TD>Company SEC Documents; Financial Statements</TD>
    <TD STYLE="text-align: right">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.9</TD>
    <TD>Information Supplied</TD>
    <TD STYLE="text-align: right">12</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.10</TD>
    <TD>Disclosure Controls and Procedures</TD>
    <TD STYLE="text-align: right">12</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.11</TD>
    <TD>Absence of Certain Changes or Events</TD>
    <TD STYLE="text-align: right">13</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.12</TD>
    <TD>No Undisclosed Liabilities</TD>
    <TD STYLE="text-align: right">13</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.75pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Table
of Contents</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.75pt; text-align: center">(continued)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.75pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 17%; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 73%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: center"><B>Page</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.13</TD>
    <TD>Absence of Litigation</TD>
    <TD STYLE="text-align: right">13</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.14</TD>
    <TD>Employee Benefit Plans</TD>
    <TD STYLE="text-align: right">13</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.15</TD>
    <TD>Labor Matters</TD>
    <TD STYLE="text-align: right">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.16</TD>
    <TD>Intellectual Property</TD>
    <TD STYLE="text-align: right">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.17</TD>
    <TD>Taxes</TD>
    <TD STYLE="text-align: right">16</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.18</TD>
    <TD>Material Contracts</TD>
    <TD STYLE="text-align: right">17</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.19</TD>
    <TD>Property</TD>
    <TD STYLE="text-align: right">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.20</TD>
    <TD>Takeover Statutes</TD>
    <TD STYLE="text-align: right">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.21</TD>
    <TD>Vote Required</TD>
    <TD STYLE="text-align: right">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.22</TD>
    <TD>Brokers</TD>
    <TD STYLE="text-align: right">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.23</TD>
    <TD>No Other Representations or Warranties</TD>
    <TD STYLE="text-align: right">19</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.24</TD>
    <TD>Prior Transactions</TD>
    <TD STYLE="text-align: right">19</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 4.25</TD>
    <TD>Key Personnel</TD>
    <TD STYLE="text-align: right">19</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article V REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB</FONT></TD>
    <TD STYLE="text-align: right">19</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.1</TD>
    <TD>Organization and Qualification; Subsidiaries</TD>
    <TD STYLE="text-align: right">20</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.2</TD>
    <TD>Certificate of Incorporation, Bylaws, and Other Organizational Documents</TD>
    <TD STYLE="text-align: right">20</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.3</TD>
    <TD>Authority Relative to Agreement</TD>
    <TD STYLE="text-align: right">20</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.4</TD>
    <TD>No Conflict; Required Filings and Consents</TD>
    <TD STYLE="text-align: right">21</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.5</TD>
    <TD>Absence of Litigation</TD>
    <TD STYLE="text-align: right">21</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.6</TD>
    <TD>Absence of Certain Agreements</TD>
    <TD STYLE="text-align: right">21</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.7</TD>
    <TD>Parent SEC Documents; Financial Statements; Information Supplied</TD>
    <TD STYLE="text-align: right">22</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.8</TD>
    <TD>Capitalization of Merger Sub</TD>
    <TD STYLE="text-align: right">22</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.9</TD>
    <TD>Brokers</TD>
    <TD STYLE="text-align: right">23</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.10</TD>
    <TD>Sufficient Funds; Solvency</TD>
    <TD STYLE="text-align: right">23</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.11</TD>
    <TD>DGCL Section 203</TD>
    <TD STYLE="text-align: right">23</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.12</TD>
    <TD>Parent Ownership of Company Securities</TD>
    <TD STYLE="text-align: right">24</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.13</TD>
    <TD>WARN Act</TD>
    <TD STYLE="text-align: right">24</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.14</TD>
    <TD>Management Agreements</TD>
    <TD STYLE="text-align: right">24</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.75pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Table
of Contents</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(continued)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 17%; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 73%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: center"><B>Page</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.15</TD>
    <TD>No Parent Vote Required</TD>
    <TD STYLE="text-align: right">24</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 5.16</TD>
    <TD>Acknowledgement of Disclaimer of Other Representations and Warranties</TD>
    <TD STYLE="text-align: right">24</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article VI COVENANTS AND AGREEMENTS</FONT></TD>
    <TD STYLE="text-align: right">25</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.1</TD>
    <TD>Conduct of Business by the Company Pending the Merger</TD>
    <TD STYLE="text-align: right">25</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.2</TD>
    <TD>Proxy Statement</TD>
    <TD STYLE="text-align: right">27</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.3</TD>
    <TD>Stockholders&rsquo; Meeting</TD>
    <TD STYLE="text-align: right">28</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.4</TD>
    <TD>Appropriate Action; Consents; Filings</TD>
    <TD STYLE="text-align: right">28</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.5</TD>
    <TD>Access to Information; Confidentiality</TD>
    <TD STYLE="text-align: right">29</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.6</TD>
    <TD>Non-Solicitation; Acquisition Proposals</TD>
    <TD STYLE="text-align: right">30</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.7</TD>
    <TD>Directors&rsquo; and Officers&rsquo; Indemnification and Insurance</TD>
    <TD STYLE="text-align: right">33</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.8</TD>
    <TD>Notification of Certain Matters</TD>
    <TD STYLE="text-align: right">34</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.9</TD>
    <TD>Public Announcements</TD>
    <TD STYLE="text-align: right">35</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.10</TD>
    <TD>Employee Matters</TD>
    <TD STYLE="text-align: right">35</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.11</TD>
    <TD>Merger Sub</TD>
    <TD STYLE="text-align: right">36</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.12</TD>
    <TD>No Control of the Company&rsquo;s Business</TD>
    <TD STYLE="text-align: right">36</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.13</TD>
    <TD>Rule 16b-3 Matters</TD>
    <TD STYLE="text-align: right">36</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.14</TD>
    <TD>CVR Agreement</TD>
    <TD STYLE="text-align: right">36</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.15</TD>
    <TD>Resignation of Directors</TD>
    <TD STYLE="text-align: right">37</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.16</TD>
    <TD>Recapitalization; Pre-Merger Special Distribution; Tax Characterization</TD>
    <TD STYLE="text-align: right">37</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.17</TD>
    <TD>RWI Policy</TD>
    <TD STYLE="text-align: right">37</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 6.18</TD>
    <TD>Tax Reporting</TD>
    <TD STYLE="text-align: right">38</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article VII CONDITIONS TO THE MERGER</FONT> </TD>
    <TD STYLE="text-align: right">38</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 7.1</TD>
    <TD>Conditions to the Obligations of Each Party</TD>
    <TD STYLE="text-align: right">38</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 7.2</TD>
    <TD>Conditions to the Obligations of Parent and Merger Sub</TD>
    <TD STYLE="text-align: right">39</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 7.3</TD>
    <TD>Conditions to the Obligations of the Company</TD>
    <TD STYLE="text-align: right">39</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 7.4</TD>
    <TD>Frustration of Conditions</TD>
    <TD STYLE="text-align: right">40</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article VIII TERMINATION, AMENDMENT AND WAIVER</FONT> </TD>
    <TD STYLE="text-align: right">40</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 8.1</TD>
    <TD>Termination</TD>
    <TD STYLE="text-align: right">40</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 8.2</TD>
    <TD>Effect of Termination</TD>
    <TD STYLE="text-align: right">42</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.75pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Table
of Contents</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(continued)</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><B>Page</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in; width: 17%">Section 8.3</TD>
    <TD STYLE="width: 73%">Termination Fees</TD>
    <TD STYLE="width: 10%; text-align: right">42</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 8.4</TD>
    <TD>Amendment</TD>
    <TD STYLE="text-align: right">43</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 8.5</TD>
    <TD>Waiver</TD>
    <TD STYLE="text-align: right">43</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 8.6</TD>
    <TD>Expenses; Transfer Taxes</TD>
    <TD STYLE="text-align: right">43</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article IX GENERAL PROVISIONS</FONT> </TD>
    <TD STYLE="text-align: right">44</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.1</TD>
    <TD>Non-Survival of Representations, Warranties and Agreements</TD>
    <TD STYLE="text-align: right">44</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.2</TD>
    <TD>Notices</TD>
    <TD STYLE="text-align: right">44</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.3</TD>
    <TD>Interpretation; Certain Definitions</TD>
    <TD STYLE="text-align: right">45</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.4</TD>
    <TD>Severability</TD>
    <TD STYLE="text-align: right">45</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.5</TD>
    <TD>Assignment</TD>
    <TD STYLE="text-align: right">45</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.6</TD>
    <TD>Entire Agreement</TD>
    <TD STYLE="text-align: right">46</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.7</TD>
    <TD>No Third-Party Beneficiaries</TD>
    <TD STYLE="text-align: right">46</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.8</TD>
    <TD>Governing Law; Consent to Jurisdiction</TD>
    <TD STYLE="text-align: right">46</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.9</TD>
    <TD>Specific Performance</TD>
    <TD STYLE="text-align: right">47</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.10</TD>
    <TD>Counterparts</TD>
    <TD STYLE="text-align: right">47</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.375in">Section 9.11</TD>
    <TD>WAIVER OF JURY TRIAL</TD>
    <TD STYLE="text-align: right">47</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Appendix A &ndash; Definitions</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Exhibit A &ndash; Form of CVR Agreement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(continued)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 90%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: center; font-weight: bold">Page</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">1</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>1998 Plan</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">2</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>2007 Plan</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">A</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Acceptable Confidentiality Agreement</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Adverse Recommendation Change</TD>
    <TD STYLE="text-align: right">31</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Aggregate Merger Consideration</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Agreement</TD>
    <TD STYLE="text-align: right">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Alternative Acquisition Agreement</TD>
    <TD STYLE="text-align: right">30</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">B</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Balance Sheet Date</TD>
    <TD STYLE="text-align: right">13</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Blue Sky Laws</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Book-Entry Shares</TD>
    <TD STYLE="text-align: right">3</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Business Day</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">C</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Capitalization Date</TD>
    <TD STYLE="text-align: right">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Certificate of Merger</TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Certificates</TD>
    <TD STYLE="text-align: right">3</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Chosen Courts</TD>
    <TD STYLE="text-align: right">46</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Closing</TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Closing Date</TD>
    <TD STYLE="text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Code</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Committee</TD>
    <TD STYLE="text-align: right">30</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Company</TD>
    <TD STYLE="text-align: right">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Company Benefit Plan</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Company Common Stock</TD>
    <TD STYLE="text-align: right">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Company Disclosure Schedule</TD>
    <TD STYLE="text-align: right">8</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Company Employees</TD>
    <TD STYLE="text-align: right">15, 35</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Company Intellectual Property Rights</TD>
    <TD STYLE="text-align: right">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Company Lease</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Company Material Adverse Effect</TD>
    <TD STYLE="text-align: right">39, 51</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Company Material Contract</TD>
    <TD STYLE="text-align: right">17</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Company Option</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Company Permits</TD>
    <TD STYLE="text-align: right">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Company Plans</TD>
    <TD STYLE="text-align: right">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Company Preferred Stock</TD>
    <TD STYLE="text-align: right">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Company Recommendation</TD>
    <TD STYLE="text-align: right">52</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(continued)</P>


<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold">Page</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="width: 90%; text-indent: 0in">Company Related Parties</TD>
    <TD STYLE="width: 10%; text-align: right; text-indent: 0in">43</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Company SEC Documents</TD>
    <TD STYLE="text-align: right; text-indent: 0in">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Company Securities</TD>
    <TD STYLE="text-align: right; text-indent: 0in">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Competing Proposal</TD>
    <TD STYLE="text-align: right; text-indent: 0in">32</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Confidentiality Agreement</TD>
    <TD STYLE="text-align: right; text-indent: 0in">52</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Contract</TD>
    <TD STYLE="text-align: right; text-indent: 0in">52</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">CVR Agreement</TD>
    <TD STYLE="text-align: right; text-indent: 0in">36</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">D</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">D&amp;O Insurance</TD>
    <TD STYLE="text-align: right; text-indent: 0in">34</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">DGCL</TD>
    <TD STYLE="text-align: right; text-indent: 0in">52</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Dissenting Shares</TD>
    <TD STYLE="text-align: right; text-indent: 0in">7</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Distribution</TD>
    <TD STYLE="text-align: right; text-indent: 0in">52</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">E</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Effective Time</TD>
    <TD STYLE="text-align: right; text-indent: 0in">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Electronic Data Room</TD>
    <TD STYLE="text-align: right; text-indent: 0in">19</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">ERISA</TD>
    <TD STYLE="text-align: right; text-indent: 0in">52</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">ERISA Affiliate</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Escrow Account</TD>
    <TD STYLE="text-align: right; text-indent: 0in">4</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Escrow Agent</TD>
    <TD STYLE="text-align: right; text-indent: 0in">4</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Escrow Deposit</TD>
    <TD STYLE="text-align: right; text-indent: 0in">4</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Excess Cash Amount</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Exchange Act</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Exchange Fund</TD>
    <TD STYLE="text-align: right; text-indent: 0in">4</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Expenses</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">G</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">GAAP</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Governmental Authority</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">I</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Indemnitee</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Intellectual Property Rights</TD>
    <TD STYLE="text-align: right; text-indent: 0in">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">IRS</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">K</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Knowledge</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">L</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Law</TD>
    <TD STYLE="text-align: right; text-indent: 0in">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Lien</TD>
    <TD STYLE="text-align: right; text-indent: 0in">54</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 7 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(continued)</P>


<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold">Page</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="width: 90%; font-weight: bold">M</TD>
    <TD STYLE="width: 10%; text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Merger</TD>
    <TD STYLE="text-align: right; text-indent: 0in">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Merger Consideration</TD>
    <TD STYLE="text-align: right; text-indent: 0in">3</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Merger Sub</TD>
    <TD STYLE="text-align: right; text-indent: 0in">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">N</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">New Plans</TD>
    <TD STYLE="text-align: right; text-indent: 0in">35</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Notice of Superior Proposal</TD>
    <TD STYLE="text-align: right; text-indent: 0in">31</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">O</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Order</TD>
    <TD STYLE="text-align: right; text-indent: 0in">54</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">P</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Parent</TD>
    <TD STYLE="text-align: right; text-indent: 0in">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Parent Disclosure Schedule</TD>
    <TD STYLE="text-align: right; text-indent: 0in">19</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Parent Material Adverse Effect</TD>
    <TD STYLE="text-align: right; text-indent: 0in">39, 54</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Parent Organizational Documents</TD>
    <TD STYLE="text-align: right; text-indent: 0in">20</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Parent SEC Documents</TD>
    <TD STYLE="text-align: right; text-indent: 0in">22</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Paying Agent</TD>
    <TD STYLE="text-align: right; text-indent: 0in">4</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Per Share Amount</TD>
    <TD STYLE="text-align: right; text-indent: 0in">54</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Permitted Lien</TD>
    <TD STYLE="text-align: right; text-indent: 0in">54</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Person</TD>
    <TD STYLE="text-align: right; text-indent: 0in">54</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Proxy Statement</TD>
    <TD STYLE="text-align: right; text-indent: 0in">12</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">R</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Recapitalization</TD>
    <TD STYLE="text-align: right; text-indent: 0in">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Representatives</TD>
    <TD STYLE="text-align: right; text-indent: 0in">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Requisite Stockholder Approval</TD>
    <TD STYLE="text-align: right; text-indent: 0in">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">RWI Policy</TD>
    <TD STYLE="text-align: right; text-indent: 0in">37</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">S</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Sarbanes-Oxley Act</TD>
    <TD STYLE="text-align: right; text-indent: 0in">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">SEC</TD>
    <TD STYLE="text-align: right; text-indent: 0in">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Secretary of State</TD>
    <TD STYLE="text-align: right; text-indent: 0in">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Securities Act</TD>
    <TD STYLE="text-align: right; text-indent: 0in">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Stockholders&rsquo; Meeting</TD>
    <TD STYLE="text-align: right; text-indent: 0in">28</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Subsidiary</TD>
    <TD STYLE="text-align: right; text-indent: 0in">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Superior Proposal</TD>
    <TD STYLE="text-align: right; text-indent: 0in">31</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Surviving Corporation</TD>
    <TD STYLE="text-align: right; text-indent: 0in">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">T</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Takeover Statutes</TD>
    <TD STYLE="text-align: right; text-indent: 0in">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Tax</TD>
    <TD STYLE="text-align: right; text-indent: 0in">55</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(continued)</P>


<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold">Page</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="width: 90%">Tax Returns</TD>
    <TD STYLE="width: 10%; text-align: right">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Termination Date</TD>
    <TD STYLE="text-align: right">40</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Termination Fee</TD>
    <TD STYLE="text-align: right">42</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Third Party</TD>
    <TD STYLE="text-align: right">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD>Transaction Litigation</TD>
    <TD STYLE="text-align: right">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Treasury Regulations</TD>
    <TD STYLE="text-align: right">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">U</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>Union</TD>
    <TD STYLE="text-align: right">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-weight: bold">W</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>WARN Act</TD>
    <TD STYLE="text-align: right">55</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">THIS AGREEMENT AND PLAN OF MERGER, dated
as of June 11, 2019 (this &ldquo;<B>Agreement</B>&rdquo;), is made by and among TheMaven, Inc., a Delaware corporation (&ldquo;<B>Parent</B>&rdquo;),
TST Acquisition Co., Inc., a Delaware corporation and wholly owned Subsidiary of Parent (&ldquo;<B>Merger Sub</B>&rdquo;), and
TheStreet, Inc., a Delaware corporation (the &ldquo;<B>Company</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal"><U>WITNESSETH:</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, the respective boards of directors
of Parent, Merger Sub and the Company have each approved and declared advisable, this Agreement and the merger of Merger Sub with
and into the Company (the &ldquo;<B>Merger</B>&rdquo;) upon the terms and subject to the conditions and limitations set forth in
this Agreement and in accordance with the DGCL, whereby each issued and outstanding share of common stock, par value $0.01 per
share, of the Company (the &ldquo;<B>Company Common Stock</B>&rdquo;) shall be converted into the right to receive the Merger Consideration;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, each of Parent, Merger Sub and
the Company desire to make certain representations, warranties, covenants and agreements in connection with the Merger and also
to prescribe various conditions to the Merger;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, each of Eric Lundberg, Chief Executive
Officer and Chief Financial Officer of the Company, and Margaret De Luna, President and Chief Operating Officer of the Company,
have entered into letter agreements with the Company in which they have agreed to continue their service with the Surviving Corporation
for a minimum of three months following Closing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, concurrently with the execution
and delivery of this Agreement, as a condition and inducement to the willingness of Parent and Merger Sub to enter into this Agreement,
180 Degree Capital Corp. and TheStreet SPV Series - a Series of 180 Degree Capital Management, LLC, solely in their capacities
as stockholders of the Company, are entering into a Voting Agreement with Parent and Merger Sub (the &ldquo;<B>Voting Agreement</B>&rdquo;)
pursuant to which each such stockholder is agreeing, upon the terms and subject to the conditions of such Voting Agreement, to
vote at the Stockholders&rsquo; Meeting the shares of Company Common Stock beneficially owned by it in favor of the adoption of
this Agreement and the approval of the Merger at the Stockholders&rsquo; Meeting; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, prior to the Effective Time, the
Company intends to either (a) distribute the Excess Cash Amount in exchange for a portion of the Company Common Stock by conducting
a recapitalization of the Company Common Stock (the &ldquo;<B>Recapitalization</B>&rdquo;), in accordance with the DGCL and subject
to the limitations under this Agreement, or (b) pay a cash distribution on the Company Common Stock equal to the Excess Cash Amount
(the &ldquo;<B>Pre-Merger Special Distribution</B>&rdquo;) to holders of record of issued and outstanding shares of Company Common
Stock immediately prior to the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, in consideration of the
foregoing and the mutual representations, warranties and covenants and subject to the conditions herein contained, and intending
to be legally bound hereby, the parties hereto hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;I</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B><U>DEFINITIONS</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Definitions</U>.
Defined terms used in this Agreement have the respective meanings ascribed to them by definition in this Agreement or in <U>Appendix&nbsp;A</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;II</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B><U>THE MERGER</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>The
Merger</U>. Upon the terms and subject to the conditions of this Agreement, and in accordance with the DGCL, at the Effective
Time, Merger Sub shall be merged with and into the Company, whereupon the separate existence of Merger Sub shall cease, and the
Company shall continue under the name &ldquo;TheStreet, Inc.&rdquo; as the surviving corporation (the &ldquo;<B>Surviving Corporation</B>&rdquo;)
and shall continue to be governed by the laws of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;2.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing</U>.
Subject to the satisfaction or, if permissible, waiver of the conditions set forth in <U>Article&nbsp;VII</U>, the closing of
the Merger (the &ldquo;<B>Closing</B>&rdquo;) will take place by teleconference and the exchange of deliverables (in counterparts
or otherwise) by electronic transmission in PDF format or by facsimile, at 10:00&nbsp;a.m. (Eastern time) on a date to be specified
by the parties hereto, but no later than the second Business Day after the satisfaction or waiver of the conditions set forth
in <U>Article&nbsp;VII</U> (other than those conditions that by their terms are to be satisfied at the Closing, but subject to
the satisfaction or waiver of such conditions), unless another time, date or place is agreed to in writing by the parties hereto
(such date being the &ldquo;<B>Closing Date</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;2.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effective
Time</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Concurrently
with the Closing, the Company, Parent and Merger Sub shall cause a certificate of merger, or a certificate of ownership and merger,
as applicable (the &ldquo;<B>Certificate of Merger</B>&rdquo;), with respect to the Merger to be executed and filed with the Secretary
of State as provided under the DGCL. The Merger shall become effective upon the later of (a)&nbsp;the date and time at which the
Certificate of Merger has been duly filed with the Secretary of State, or (b)&nbsp;if applicable, such other date and time as is
agreed between the parties and specified in the Certificate of Merger (such date and time being hereinafter referred to as the
 &ldquo;<B>Effective Time</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
and after the Effective Time, the Surviving Corporation shall possess all properties, rights, privileges, powers and franchises
of the Company and Merger Sub, and all of the claims, obligations, liabilities, debts and duties of the Company and Merger Sub
shall become the claims, obligations, liabilities, debts and duties of the Surviving Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;2.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certificate
of Incorporation and Bylaws</U>. Subject to <U>Section&nbsp;6.7</U>, at the Effective Time, the certificate of incorporation and
bylaws of the Surviving Corporation shall be amended to be identical to the certificate of incorporation and bylaws, respectively,
of Merger Sub, as in effect immediately prior to the Effective Time, until thereafter amended in accordance with applicable Law
and the applicable provisions of the certificate of incorporation and bylaws; <U>provided</U> that at the Effective Time, <U>Article&nbsp;I
</U>of the certificate of incorporation of the Surviving Corporation shall be amended and restated in its entirety to read as
follows: &ldquo;The name of the corporation is TheStreet, Inc.; and <U>provided further</U> that at the Effective Time, the title
of the Bylaws of the Surviving Corporation shall be amended and restated in its entirety to read as follows: &ldquo;Bylaws of
TheStreet, Inc.&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;2.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Board
of Directors</U>. Subject to applicable Law, each of the parties hereto shall take all necessary action to ensure that the board
of directors of the Surviving Corporation effective as of, and immediately following, the Effective Time shall consist of the
members of the board of directors of Merger Sub immediately prior to the Effective Time, each to hold office in accordance with
the certificate of incorporation and bylaws of the Surviving Corporation until their respective successors shall have been duly
elected, designated or qualified, or until their earlier death, resignation or removal in accordance with the certificate of incorporation
and bylaws of the Surviving Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;2.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Officers</U>.
From and after the Effective Time, the officers of the Surviving Corporation shall be the officers designated by the board of
directors of Merger Sub prior to the Effective Time, each to hold office in accordance with the certificate of incorporation and
bylaws of the Surviving Corporation until their respective successors are duly elected or appointed and qualified in accordance
with applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;III</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B><U>EFFECT OF THE MERGER ON CAPITAL STOCK;</U></B></FONT><BR>
<FONT STYLE="text-transform: uppercase"><B><U>EXCHANGE OF CERTIFICATES</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effect
on Securities</U>. At the Effective Time, by virtue of the Merger and without any action on the part of the Company, Merger Sub
or the holders of any securities of the Company or Merger Sub:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Cancellation
of Company Securities</U>. Each share of Company Common Stock held by the Company as treasury stock, held by a wholly owned Subsidiary
of the Company or held by Parent or Merger Sub immediately prior to the Effective Time shall automatically be canceled and retired
and shall cease to exist, and no consideration or payment shall be delivered in exchange therefor or in respect thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conversion
of Company Securities</U>. Except as otherwise provided in this Agreement, each share of Company Common Stock issued and outstanding
immediately prior to the Effective Time (after giving effect to the Recapitalization or Pre-Merger Special Distribution, as the
case may be, other than shares canceled pursuant to <U>Section&nbsp;3.1(a)</U> and Dissenting Shares) shall be converted into the
right to receive (i) an amount in cash equal to the Per Share Amount and (ii) one contractual contingent value right per share
of Company Common Stock (each, a &ldquo;<B>CVR</B>&rdquo;), subject to and in accordance with the CVR Agreement (collectively,
the&nbsp;&ldquo;<B>Merger Consideration</B>&rdquo;), in each case, without any interest thereon and subject to any withholding
of Taxes in accordance with <U>Section&nbsp;3.2(i)</U>. Each share of Company Common Stock to be converted into the right to receive
the Merger Consideration as provided in this <U>Section&nbsp;3.1(b)</U> shall be automatically canceled and shall cease to exist,
and the holders of certificates (the &ldquo;<B>Certificates</B>&rdquo;) or book-entry shares (&ldquo;<B>Book-Entry Shares</B>&rdquo;)
which immediately prior to the Effective Time represented such Company Common Stock shall cease to have any rights with respect
to such Company Common Stock other than the right to receive, upon surrender of such Certificates or Book-Entry Shares in accordance
with <U>Section&nbsp;3.2</U>, the Merger Consideration, without interest thereon.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conversion
of Merger Sub Capital Stock</U>. At the Effective Time, by virtue of the Merger and without any action on the part of the holder
thereof, each share of common stock, par value of $0.01 per share, of Merger Sub issued and outstanding immediately prior to the
Effective Time shall be converted into and become one (1)&nbsp;fully paid share of common stock, par value $0.01&nbsp;per share,
of the Surviving Corporation and constitute the only outstanding shares of capital stock of the Surviving Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Adjustments</U>.
Without limiting the other provisions of this Agreement and subject to <U>Section&nbsp;6.1(c)</U>, if at any time during the period
between the date of this Agreement and the Effective Time, any change in the number of outstanding shares of Company Common Stock
shall occur as a result of a reclassification, recapitalization, stock split (including the 1-for-10 reverse stock split of the
Company Common Stock approved by the Company&rsquo;s board of directors in connection the Distribution and any other reverse stock
split), or combination, exchange or readjustment of shares, or any stock dividend or stock distribution with a record date during
such period, the Merger Consideration shall be equitably adjusted to reflect such change; <U>provided</U> that the parties acknowledge
that the Distribution and the Pre-Merger Special Distribution shall not require an adjustment to the Merger Consideration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;3.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Exchange
of Certificates</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Escrow
of Aggregate Cash Merger Consideration</U>. As of the date of this Agreement, Parent has caused to be deposited an amount in cash
equal to the Aggregate Cash Merger Consideration (the &ldquo;<B>Escrow Deposit</B>&rdquo;) with Citibank, N.A., as escrow agent
(&ldquo;<B>Escrow Agent</B>&rdquo;), as collateral and security for the payment of the Aggregate Cash Merger Consideration, which
amount shall be held in a segregated account (the &ldquo;<B>Escrow Account</B>&rdquo;) by Escrow Agent in accordance with the terms
and conditions of the escrow and paying agent agreement entered by the parties hereto and the Escrow Agent into prior to the execution
of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Designation
of Paying Agent; Deposit of Exchange Fund</U>. The Escrow Agent hereby is designated as the paying agent (the &ldquo;<B>Paying
Agent</B>&rdquo;) for the payment of the Merger Consideration as provided in <U>Section&nbsp;3.1(b)</U>. Immediately after the
Effective Time, the Escrow Deposit shall be deposited with the Paying Agent (such deposit, the &ldquo;<B>Exchange Fund</B>&rdquo;).
In the event the Aggregate Cash Merger Consideration portion of the Exchange Fund shall be insufficient to make the payments contemplated
by <U>Section&nbsp;3.1(b)(i)</U> Parent shall promptly deposit, or cause to be deposited, additional funds with the Paying Agent
in an amount that is equal to the deficiency in the amount required to make such payment. Following the Effective Time, if not
already paid, Parent shall promptly cause the Paying Agent to make, and the Paying Agent shall make, payments of the Aggregate
Cash Merger Consideration to the holders of Company Common Stock pursuant to <U>Section&nbsp;3.1(b)</U>. The Exchange Fund shall
not be used for any purpose other than to fund payments pursuant to <U>Section&nbsp;3.1</U>, except as expressly provided for in
this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
promptly as practicable following the Effective Time and in any event not later than the second Business Day thereafter, the Surviving
Corporation shall cause the Paying Agent to mail (and to make available for collection by hand) to each holder of record of a Certificate
or Book-Entry Share that immediately prior to the Effective Time represented outstanding shares of Company Common Stock (x)&nbsp;a
letter of transmittal, which shall specify that delivery shall be effected, and risk of loss and title to the Certificates or Book-Entry
Shares, as applicable, shall pass, only upon proper delivery of the Certificates (or affidavits of loss in lieu thereof) or Book-Entry
Shares to the Paying Agent and which shall be in the form and have such other provisions as Parent may reasonably specify and (y)&nbsp;instructions
for use in effecting the surrender of the Certificates or Book-Entry Shares in exchange for the Merger Consideration into which
the number of shares of Company Common Stock previously represented by such Certificate or Book-Entry Shares shall have been converted
pursuant to this Agreement (which instructions shall provide that, at the election of the surrendering holder, (1)&nbsp;Certificates
or Book-Entry Shares may be surrendered by hand delivery or otherwise or (2)&nbsp;the Merger Consideration in exchange therefor
may be collected by hand by the surrendering holder or by wire transfer to the surrendering holder). The CVRs shall not be evidenced
by a certificate or other instrument.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
surrender of a Certificate (or affidavit of loss in lieu thereof) or Book-Entry Share for cancellation to the Paying Agent, together
with a letter of transmittal duly completed and validly executed in accordance with the instructions thereto, and such other documents
as may be required pursuant to such instructions (including, without limitation, any necessary Tax forms), the holder of such Certificate
or Book-Entry Share shall be entitled to receive in exchange therefor the Merger Consideration for each share of Company Common
Stock formerly represented by such Certificate or Book-Entry Share, to be mailed, made available for collection by hand or delivered
by wire transfer, as elected by the surrendering holder, within two (2)&nbsp;Business Days following the later to occur of (i)&nbsp;the
Effective Time or (ii)&nbsp;the Paying Agent&rsquo;s receipt of such Certificate (or affidavit of loss in lieu thereof) or Book-Entry
Share, and the Certificate (or affidavit of loss in lieu thereof) or Book-Entry Share so surrendered shall be forthwith canceled.
The Paying Agent shall accept such Certificates (or affidavits of loss in lieu thereof) or Book-Entry Shares upon compliance with
such reasonable terms and conditions as the Paying Agent may impose to effect an orderly exchange thereof in accordance with normal
exchange practices. Until surrendered as contemplated by this Section&nbsp;3.2(d), each Certificate (or affidavit of loss in lieu
thereof) or Book-Entry Share shall be deemed, at any time after the Effective Time, to represent only the right to receive, upon
proper surrender, the Merger Consideration as contemplated by this <U>Article&nbsp;III</U>. No interest shall be paid or accrued
for the benefit of holders of the Certificates or Book-Entry Shares on the Merger Consideration payable upon the surrender of the
Certificates or Book-Entry Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event of a transfer of ownership of shares of Company Common Stock that is not registered in the transfer records of the Company,
it shall be a condition of payment that any Certificate surrendered in accordance with the procedures set forth in this <U>Section&nbsp;3.2</U>
shall be properly endorsed or shall be otherwise in proper form for transfer, or any Book-Entry Share shall be properly transferred,
and that the person requesting such payment shall have paid any transfer taxes and other Taxes required by reason of the payment
of the Merger Consideration (including, for the avoidance of doubt, payment in the form of or with respect to the CVRs) to a person
other than the registered holder of the Certificate or Book-Entry Share surrendered or shall have established to the satisfaction
of Parent that such Tax either has been paid or is not applicable.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Termination
of Exchange Fund</U>. Any portion of the Exchange Fund which remains undistributed to the holders of the Certificates or Book-Entry
Shares for one (1)&nbsp;year after the Effective Time shall be delivered to Parent (including, without limitation, all interest
and other income received by the Paying Agent in respect of all funds made available to it), upon demand, and any such holders
prior to the Merger who have not theretofore complied with this <U>Article&nbsp;III</U> shall thereafter look only to Surviving
Corporation and Parent (subject to abandoned property, escheatment or other similar Laws) as general creditor thereof for payment
of their claims for cash, without interest, to which such holders may be entitled under or pursuant to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Liability</U>. None of Parent, Merger Sub, the Company, the Surviving Corporation or the Paying Agent shall be liable to any person
in respect of any cash held in the Exchange Fund delivered to a public official pursuant to any applicable abandoned property,
escheat or similar Law. If any Certificates or Book-Entry Shares shall not have been surrendered immediately prior to the date
on which any cash in respect of such Certificate or Book-Entry Share would otherwise escheat to or become the property of any Governmental
Authority, any such cash in respect of such Certificate or Book-Entry Share shall, to the extent permitted by applicable Law, become
the property of Parent, free and clear of all claims or interest of any person previously entitled thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
of Exchange Fund</U>. The Paying Agent shall invest any cash included in the Exchange Fund as directed by Parent or, after the
Effective Time, the Surviving Corporation; <U>provided</U> that (i)&nbsp;no such investment shall relieve Parent or the Paying
Agent from making the Aggregate Cash Merger Consideration payments required by this <U>Article&nbsp;III</U>, and, to the extent
that there are losses with respect to such investments, or the Exchange Fund diminishes for other reasons below the level required
to make prompt payments of the Aggregate Cash Merger Consideration as contemplated hereby, Parent shall promptly replace or restore
the portion of the Exchange Fund lost through investments or other events so as to ensure that the Exchange Fund is reasonably
maintained at a level sufficient to make the Aggregate Cash Merger Consideration payments, (ii)&nbsp;no such investment shall have
maturities that could prevent or delay payments to be made pursuant to this Agreement, and (iii)&nbsp;such investments shall be
in short-term obligations of the United States of America with maturities of no more than thirty (30)&nbsp;days or guaranteed by
the United States of America and backed by the full faith and credit of the United States of America. Any interest or income produced
by such investments will be payable to Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Withholdings</U>.
Parent, the Surviving Corporation and the Paying Agent shall be, subject to Section 2.4(b) of the CVR Agreement, entitled to deduct
and withhold from the Merger Consideration and any amounts otherwise payable pursuant to this Agreement or the CVR Agreement to
any holder of shares of Company Common Stock such amounts as Parent, the Surviving Corporation or the Paying Agent are required
to deduct and withhold with respect to the making of such payment under the Code or any provision of applicable Tax Law. To the
extent that amounts are so withheld and paid over to the appropriate taxing authority by Parent, the Surviving Corporation or the
Paying Agent, such withheld amounts shall be treated for all purposes of this Agreement and the CVR Agreement as having been paid
to the person in respect of which such deduction and withholding was made by Parent, the Surviving Corporation or the Paying Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;3.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Stock
Options</U>. By virtue of the Merger, each Company Option (whether vested or unvested) that is outstanding and unexercised immediately
prior to Effective Time shall be canceled as of the Effective Time for no consideration. The Company shall take such actions at
it reasonably determines are necessary such that no Company Option shall be outstanding effective as of the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;3.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Lost
Certificates</U>. If any Certificate shall have been lost, stolen or destroyed, then upon the making of an affidavit of that fact
by the person claiming such Certificate to be lost, stolen or destroyed and, if required by the Surviving Corporation, the posting
by such person of a bond, in such reasonable amount as the Surviving Corporation may direct, as indemnity against any claim that
may be made against it with respect to such Certificate, the Paying Agent will issue in exchange for such lost, stolen or destroyed
Certificate the Merger Consideration to which the holder thereof is entitled pursuant to this <U>Article&nbsp;III</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;3.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Dissenting
Shares</U>. Notwithstanding anything in this Agreement to the contrary, to the extent that holders thereof are entitled to appraisal
rights under Section&nbsp;262 of the DGCL, shares of Company Common Stock issued and outstanding immediately prior to the Effective
Time and held by a holder who has properly exercised and perfected his or her demand for appraisal rights under Section&nbsp;262
of the DGCL (the &ldquo;<B>Dissenting Shares</B>&rdquo;), shall not be converted into the right to receive the Merger Consideration,
but the holders of such Dissenting Shares shall be entitled to receive such consideration as shall be determined pursuant to Section&nbsp;262
of the DGCL (and at the Effective Time, such Dissenting Shares shall no longer be outstanding and shall automatically be cancelled
and shall cease to exist, and such holder shall cease to have any rights with respect thereto, except the rights set forth in
Section&nbsp;262 of the DGCL); <U>provided</U>, <U>however</U>, that if any such holder shall have failed to perfect or shall
have effectively withdrawn or lost his or her right to appraisal and payment under the DGCL, such holder&rsquo;s shares of Company
Common Stock shall thereupon be deemed to have been converted as of the Effective Time into the right to receive the Merger Consideration,
without any interest thereon, and such shares shall not be deemed to be Dissenting Shares. The Company shall give Parent notice
of any written demands for appraisal or payment of the fair value of any shares of Company Common Stock or withdrawals of such
demands.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;3.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transfers;
No Further Ownership Rights</U>. Subject to <U>Section&nbsp;3.2</U>, from and after the Effective Time, the holders of shares
of Company Common Stock, outstanding immediately prior to the Effective Time shall cease to have any rights with respect to such
Company Common Stock, except as otherwise provided herein and by applicable Law. The Aggregate Cash Merger Consideration paid
in respect of shares of Company Common Stock, upon the surrender for exchange of Certificates or Book-Entry Shares in accordance
with the terms of this <U>Article&nbsp;III</U> shall be deemed to have been paid in full satisfaction of all rights pertaining
to the shares of Company Common Stock previously represented by such Certificates or Book-Entry Shares. From and after the Effective
Time, the stock transfer books of the Company shall be closed with respect to Company Common Stock that were outstanding immediately
prior to the Effective Time, and there shall be no further registration of transfers on the stock transfer books of the Surviving
Corporation with respect to the Company Common Stock outstanding immediately prior to the Effective Time. After the Effective
Time, Company Common Stock presented to the Surviving Corporation or the Paying Agent for any reason, shall be canceled and exchanged
as provided in this <U>Article&nbsp;III</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;IV</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B><U>REPRESENTATIONS AND WARRANTIES OF THE COMPANY</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except (a)&nbsp;as disclosed in the separate
disclosure letter which has been delivered by the Company to Parent and Merger Sub prior to the execution of this Agreement (the
 &ldquo;<B>Company Disclosure Schedule</B>&rdquo;), which contains specific references to the particular Article or Section of this
Agreement to which the information set forth in such schedule relates (which disclosures shall also apply to any other Article
or Section to the extent the relevance of the disclosure is readily apparent) or (b)&nbsp;as and to the extent set forth in the
Company SEC Documents filed with, or furnished by the Company to, the SEC on or after January&nbsp;1, 2018 and prior to the date
hereof, to the extent the relevance of the disclosure is reasonably apparent (excluding any forward-looking disclosures, whether
or not contained under the heading &ldquo;forward-looking statements,&rdquo; other than any specific factual information contained
therein), the Company hereby represents and warrants to Parent and Merger Sub as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization
and Qualification; Subsidiaries</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Company and its Subsidiaries is a corporation or legal entity duly organized or formed, validly existing and in good standing,
under the laws of its jurisdiction of organization or formation. Each of the Company and its Subsidiaries has the requisite corporate,
partnership or limited liability company power and authority and all necessary governmental approvals to own, lease and operate
its properties and to carry on its business as it is now being conducted, except where the failure to have such power, authority
and governmental approvals would not have, individually or in the aggregate, a Company Material Adverse Effect. Each of the Company
and its Subsidiaries is duly qualified or licensed as a foreign corporation to do business, and is in good standing, in each jurisdiction
in which the character of the properties owned, leased or operated by it or the nature of its business makes such qualification
or licensing necessary, except where the failure to be so qualified or licensed or to be in good standing would not have, individually
or in the aggregate, a Company Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has no &ldquo;significant subsidiaries&rdquo; (as such term is defined in Rule 1-02 of Regulation S-X promulgated under
the Securities Act). Except for the capital stock and other equity interests of its Subsidiaries, the Company does not own, directly
or indirectly, any capital stock or other equity interest in any other person (including through participation in any joint venture
or similar arrangement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certificate
of Incorporation and Bylaws</U>. The Company has made available to Parent true, correct and complete copies of the current Restated
Certificate of Incorporation and the Bylaws or other equivalent organizational or governing documents of the Company and each
of its Subsidiaries, each as amended to date. The Restated Certificate of Incorporation and the Bylaws of the Company and the
equivalent organizational or governing documents of each of the Company&rsquo;s Subsidiaries are in full force and effect. None
of the Company or any of its Subsidiaries or, to the knowledge of the Company, any of the other parties thereto, is in violation
of any material provision of such organizational or governing documents, except as would not have, individually or in the aggregate,
a Company Material Adverse Effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Capitalization</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
authorized capital stock of the Company consists of (i)&nbsp;10,000,000 shares of Company Common Stock and (iii)&nbsp;10,000,000
shares of preferred stock, par value $0.01&nbsp;per share (the &ldquo;<B>Company Preferred Stock</B>&rdquo;). As of June 9, 2019
(such date, the &ldquo;<B>Capitalization Date</B>&rdquo;), (A)&nbsp;6,407,273 shares of Company Common Stock were issued and 5,336,639
shares of Company Common Stock were outstanding; (B)&nbsp;no shares of Company Preferred Stock were issued and outstanding; and
(C)&nbsp;1,070,634 shares of Company Common Stock were held by the Company as treasury shares. All outstanding shares of Company
Common Stock are validly issued, fully paid, nonassessable and free of any preemptive rights. From the Capitalization Date to the
date hereof, the Company has not issued or granted any Company Securities other than pursuant to the exercise of Company Options
granted prior to the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in this Section 4.3(b) of the Company Disclosure Schedule, as of the Capitalization Date there were (i)&nbsp;other
than the Company Common Stock, no outstanding shares of capital stock of, or other equity or voting interest in, the Company; (ii)&nbsp;no
outstanding securities of the Company convertible into or exchangeable or exercisable for shares of capital stock of, or other
equity or voting interest (including voting debt) in, the Company; (iii)&nbsp;no outstanding options, warrants or other rights
or binding arrangements to acquire from the Company, or that obligate the Company to issue, any capital stock of, or other equity
or voting interest in, or any securities convertible into or exchangeable for shares of capital stock of, or other equity or voting
interest (including voting debt) in, the Company; (iv)&nbsp;no obligations of the Company to grant, extend or enter into any subscription,
warrant, right, convertible, exchangeable or exercisable security, or other similar Contract relating to any capital stock of,
or other equity or voting interest (including any voting debt) in, the Company; (v)&nbsp;no outstanding shares of restricted stock,
restricted stock units, stock appreciation rights, performance shares, contingent value rights, &ldquo;phantom&rdquo; stock or
similar securities or rights that are derivative of, or provide economic benefits based, directly or indirectly, on the value or
price of, any capital stock of, or other securities or ownership interests in, the Company (the items in clauses&nbsp;(i), (ii),
(iii), (iv) and (v), collectively with the Company Common Stock, the &ldquo;<B>Company Securities</B>&rdquo;); (vi)&nbsp;no voting
trusts, proxies or similar arrangements or understandings to which the Company is a party or by which the Company is bound with
respect to the voting of any shares of capital stock of, or other equity or voting interest in, the Company; (vii)&nbsp;no obligations
or binding commitments of any character restricting the transfer of any shares of capital stock of, or other equity or voting interest
in, the Company to which the Company is a party or by which it is bound; and (viii)&nbsp;no other obligations by the Company to
make any payments based on the price or value of any Company Securities.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authority
Relative to Agreement</U>. The Company has all necessary corporate power and authority to execute and deliver this Agreement and
the other agreements referred to in this Agreement to which it is or will be a party, to perform its obligations hereunder and,
subject to receipt of the Requisite Stockholder Approval, to consummate the transactions contemplated hereby and thereby, including
the Merger. The execution and delivery of this Agreement and the CVR Agreement by the Company and the consummation by the Company
of the transactions contemplated hereby and thereby, including the Merger, have been duly and validly authorized by all necessary
corporate action, and no other corporate proceedings on the part of the Company are necessary to authorize the execution of this
Agreement or the CVR Agreement or to consummate the transactions contemplated hereby or thereby, including the Merger (other than,
with respect to the Merger, the receipt of the Requisite Stockholder Approval, as well as the filing of the Certificate of Merger
with the Secretary of State, and other than the declaration of the Pre-Merger Special Distribution or the approval of the Recapitalization
(and the filing of a related certificate of amendment of the Company&rsquo;s Restated Certificate of Incorporation with the Secretary
of State)). The Company&rsquo;s board of directors has unanimously approved this Agreement the CVR Agreement, declared this Agreement
to be advisable, approved the transactions contemplated hereby, determining them to be fair and in the best interest of the Company
and its stockholders, and resolved to recommend to the stockholders of the Company the Company Recommendation that they vote in
favor of the adoption of this Agreement in accordance with the DGCL. This Agreement has been duly and validly executed and delivered
by the Company and, assuming the due authorization, execution and delivery by Parent and Merger Sub, this Agreement constitutes
a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms (except as
such enforceability may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar
laws of general applicability relating to or affecting creditor&rsquo;s rights, and to general equitable principles).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Conflict; Required Filings and Consents</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the execution and delivery of this Agreement or the CVR Agreement by the Company, the consummation by the Company of the Merger
or any other transaction contemplated by this Agreement or the CVR Agreement, or the Company&rsquo;s compliance with any of the
provisions of this Agreement or the CVR Agreement, will (i)&nbsp;subject to obtaining the Requisite Stockholder Approval, conflict
with, violate or breach (x)&nbsp;any provision of the Restated Certificate of Incorporation, as amended, or the Bylaws, as amended,
of the Company or (y)&nbsp;any provision of the organizational or governing documents of any of the Company&rsquo;s Subsidiaries,
(ii)&nbsp;assuming the consents, approvals and authorizations specified in <U>Section&nbsp;4.5(b)</U> have been received, and any
condition precedent to such consent, approval, authorization, or waiver has been satisfied, conflict with or violate any Law, judgment,
writ or injunction of any Governmental Authority applicable to the Company or by which any property or asset of the Company is
bound or affected, or (iii)&nbsp;result in any breach of, or constitute a default (with or without notice or lapse of time, or
both) under, or give rise in others any right of termination, amendment, acceleration or cancellation of, any Company Material
Contract or accelerate the Company&rsquo;s obligations under any such Company Material Contract, or result in the creation of a
Lien, other than any Permitted Lien, upon any of the properties or assets of the Company, other than, in the case of clauses&nbsp;(ii)
and (iii), any such violation, breach, default, right, termination, amendment, acceleration, cancellation or Lien that would not
reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
for (i)&nbsp;the filing of the Proxy Statement with the SEC and other filings required under, and in compliance with the other
applicable requirements of, the Exchange Act, the Securities Act, or Blue Sky Laws, (ii)&nbsp;filings required by the rules of
The Nasdaq Capital Market and (iii)&nbsp;the filing of the Certificate of Merger with the Secretary of State of the State of Delaware
pursuant to the DGCL, no consent or approval of, or filing, license, waiver, permit or authorization, declaration, registration
or filing with or notification to, any Governmental Authority or any stock market or stock exchange on which shares of Company
Common Stock are listed for trading are necessary for the execution and delivery of this Agreement or the CVR Agreement by the
Company, the performance by the Company of its obligations hereunder or thereunder and the consummation by the Company of the transactions
contemplated hereby and thereby, other than such consents, approvals, filings, licenses, permits or authorizations, declarations,
registrations or filings or notifications that, if not obtained, made or given, would not reasonably be expected to have, individually
or in the aggregate, a Company Material Adverse Effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Permits
and Licenses</U>. The Company is in possession of all franchises, grants, authorizations, licenses, permits, easements, variances,
exceptions, consents, certificates, approvals and orders necessary for the Company to own, lease and operate the properties of
the Company and to lawfully conduct its business as they are now being conducted (the &ldquo;<B>Company Permits</B>&rdquo;), and
no suspension or cancellation of any of the Company Permits is pending, except where the failure to have, or the suspension or
cancellation of, any of the Company Permits would not reasonably be expected to have, individually or in the aggregate, a Company
Material Adverse Effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws</U>. Except as disclosed in Section 4.7 of the Company Disclosure Schedule, the Company is in compliance with, since
January 1, 2018 has not breached or violated, and has not received written notice of any default or violation of, any Laws applicable
to the Company or by which any property or asset of the Company is bound or affected, in each case except for instances of non-compliance,
breach, default or violation that would not reasonably be expected to have, individually or in the aggregate, a Company Material
Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Company
SEC Documents; Financial Statements</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since
January 1, 2018, the Company has filed with the SEC, on a timely basis, all required registration statements, forms, documents,
proxy statements and reports required to be filed or furnished prior to the date hereof by it with the SEC (collectively, and in
each case including all exhibits and schedules thereto and documents incorporated by reference therein, including any amendments
thereto, the &ldquo;<B>Company SEC Documents</B>&rdquo;). As of their respective dates, or, if amended, as of the date of the last
such amendment, the Company SEC Documents complied in all material respects with the requirements of the Securities Act, the Exchange
Act and the Sarbanes-Oxley Act of 2002 (as amended and including the rules and regulations promulgated thereunder (the &ldquo;<B>Sarbanes-Oxley
Act</B>&rdquo;), as the case may be, and the applicable rules and regulations promulgated thereunder, and none of the Company SEC
Documents at the time it was filed contained any untrue statement of a material fact or omitted to state any material fact required
to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, or
are to be made, not misleading. As of the date of this Agreement, there are no outstanding or unresolved comments in comment letters
received from the SEC or its staff.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
consolidated financial statements (including all related notes and schedules) of the Company included or incorporated by reference
in the Company SEC Documents complied as to form, as of their respective dates of filing with the SEC, in all material respects
with all applicable accounting requirements and with the published rules and regulations of the SEC with respect thereto, have
been prepared in accordance with GAAP applied on a consistent basis during the periods involved (except (i)&nbsp;with respect to
financial statements included in Company SEC Documents filed as of the date of this Agreement, as may be indicated in the notes
thereto or (ii)&nbsp;as permitted by Regulation S-X under the Securities Act) and fairly present in all material respects the consolidated
financial position of the Company and its consolidated Subsidiaries as at the respective dates thereof and their consolidated results
of operations and consolidated cash flows for the respective periods then ended (subject, in the case of unaudited statements,
to normal year-end audit adjustments, to the absence of notes and to any other adjustments described therein, including in any
notes thereto) in conformity with GAAP (except as may be indicated therein or in the notes thereto).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Information
Supplied</U>. None of the information supplied or to be supplied by or on behalf of the Company or any of its Subsidiaries expressly
for inclusion or incorporation by reference in the proxy statement relating to the adoption by the stockholders of the Company
of this Agreement (together with any amendments or supplements thereto, the &ldquo;<B>Proxy Statement</B>&rdquo;) will, at the
date it is first mailed to the stockholders of the Company and at the time of the Stockholders&rsquo; Meeting, contain any untrue
statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances under which they are made, not misleading. For the avoidance of doubt, the Company makes
no representation or warranty with respect to any information supplied by Parent or Merger Sub or any of their respective Representatives
or any other third party for inclusion or incorporation by reference in the Proxy Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Disclosure
Controls and Procedures</U>. The Company has established and maintains a system of internal controls over financial reporting
(as defined in Rules&nbsp;13a-15(f) and 15d-15(f) of the Exchange Act) designed to provide reasonable assurances regarding the
reliability of financial reporting. The Company (i)&nbsp;has designed and maintains disclosure controls and procedures (as defined
in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) to ensure that material information required to be disclosed by the Company
in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time
periods specified in the SEC&rsquo;s rules and forms and is accumulated and communicated to the Company&rsquo;s management as
appropriate to allow timely decisions regarding required disclosure and (ii)&nbsp;since January 1, 2018 has disclosed to the Company&rsquo;s
auditors and the audit committee of the Company&rsquo;s board of directors (and made any such written summaries of such disclosures
that were so provided available to Parent) (A)&nbsp;any significant deficiencies and material weaknesses in the design or operation
of internal controls over financial reporting that are reasonably likely to adversely affect in any material respect the Company&rsquo;s
ability to record, process, summarize and report financial information and (B)&nbsp;any fraud, whether or not material, that involves
management or other employees who have a significant role in the Company&rsquo;s internal controls over financial reporting.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Certain Changes or Events</U>. From January&nbsp;1, 2019 through the date of this Agreement, except for the sale of the Company&rsquo;s
institutional business, the declaration by the Company&rsquo;s board of directors of the Distribution and actions taken to effect
the same or as otherwise contemplated or permitted by this Agreement, (a)&nbsp;the businesses of the Company and its Subsidiaries
have been conducted in the ordinary course of business consistent with past practice, and (b)&nbsp;there has not been any event,
development or state of circumstance that, individually or in the aggregate has had or, would reasonably be expected to have a
Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Undisclosed Liabilities</U>. Except (a)&nbsp;as disclosed in the balance sheet of the Company as of December 31, 2018 (the &ldquo;<B>Balance
Sheet Date</B>&rdquo;) (including the notes thereto) included in the Company SEC Documents, (b)&nbsp;for liabilities or obligations
incurred in the ordinary course of business consistent with past practice since the Balance Sheet Date, (c)&nbsp;for liabilities
or obligations incurred or arising under the terms of any Contract or Permit binding upon the Company or any of its Subsidiaries
(including any contingent indemnification obligations), (d)&nbsp;for liabilities permitted or contemplated by this Agreement,
(e)&nbsp;for liabilities or obligations which have been discharged or paid in full in the ordinary course of business consistent
with past practice, as of the date of this Agreement and (f)&nbsp;for liabilities related to the Distribution, neither the Company
nor any of its Subsidiaries has any liabilities or obligations of any nature, whether or not accrued, contingent or otherwise,
and whether due or to become due, that would be required by GAAP to be reflected or reserved against on a consolidated balance
sheet (or the notes thereto) of the Company and its Subsidiaries, other than those which would not reasonably be expected to have,
individually or in the aggregate, a Company Material Adverse Effect. There are no unconsolidated Subsidiaries of the Company or
any off-balance sheet arrangements of any type (including any off-balance sheet arrangement required to be disclosed pursuant
to Item 303(a)(4) of Regulation S-K promulgated under the Securities Act) that have not been so described in the Company SEC Documents
nor any obligations to enter into any such arrangements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Litigation</U>. Except as disclosed in Section 4.13 of the Company Disclosure Schedule, as of the date hereof there is no claim,
action, suit, arbitration, proceeding or investigation pending or, to the knowledge of the Company, threatened in writing against
the Company or any of its Subsidiaries, or any of their respective properties or assets at law or in equity, and there are no
Orders, by or before any arbitrator or Governmental Authority, in each case as would reasonably be expected to have, individually
or in the aggregate, a Company Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Employee
Benefit Plans</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company
has furnished to Parent true and complete copies of each of the Company Benefit Plans and material documentation related thereto.
With respect to each Company Benefit Plan that is subject to ERISA reporting requirements, Company has provided copies of the Form
5500 reports filed for the last three plan years. Company has furnished Parent with the most recent Internal Revenue Service determination
or opinion letter issued with respect to each such Company Benefit Plan, and to the Company&rsquo;s knowledge nothing has occurred
since the issuance of each such letter that could reasonably be expected to cause the loss of the tax qualified status of any Company
Benefit Plan subject to Code Section 401(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Company Benefit Plan has been operated and administered in accordance with its terms and applicable Law, including, but not limited
to, ERISA and the Code, except for instances of noncompliance that would not have, individually or in the aggregate, a Company
Material Adverse Effect. There are no pending investigations by any Governmental Authority, termination proceedings or other claims
(except routine claims for benefits payable under the Company Benefit Plans) against or involving any Company Benefit Plan or asserting
any rights to or claims for benefits under any Company Benefit Plan, other than any such investigations, proceedings, or claims
that would not have, individually or in the aggregate, a Company Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
Company nor any ERISA Affiliate has ever maintained, established, sponsored, participated in, contributed to, or is obligated to
contribute to, or otherwise incurred any obligation or liability (including without limitation any contingent liability) under
any &ldquo;multiemployer plan&rdquo; (as defined in Section&nbsp;3(37) of ERISA) or to any &ldquo;pension plan&rdquo; (as defined
in Section&nbsp;3(2) of ERISA) subject to Title IV of ERISA or Section&nbsp;412 of the Code. None of Company or any ERISA Affiliate
has any actual or potential withdrawal liability (including without limitation any contingent liability) for any complete or partial
withdrawal (as defined in Sections&nbsp;4203 and 4205 of ERISA) from any multiemployer plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Company Benefit Plan intended to be qualified under Section&nbsp;401(a) of the Code, and the trust (if any) forming a part thereof,
has received a favorable determination or opinion letter from the Internal Revenue Service as to its qualification under the Code
and to the effect that each such trust is exempt from taxation under Section&nbsp;501(a) of the Code, and, to the knowledge of
the Company, nothing has occurred since the date of such determination or opinion letter that could reasonably be expected to have,
individually or in the aggregate, a Company Material Adverse Effect on such qualification or tax-exempt status.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Company Benefit Plan provides benefits, including without limitation death or medical benefits (whether or not insured), with respect
to current or former employees or directors of the Company or its Subsidiaries beyond their retirement or other termination of
service, other than (i)&nbsp;coverage mandated solely by applicable Law, (ii)&nbsp;death benefits or retirement benefits under
any &ldquo;employee pension benefit plan&rdquo; (within the meaning of Section&nbsp;3(2) of ERISA), (iii)&nbsp;deferred compensation
benefits accrued as liabilities on the books of the Company or any of its Subsidiaries, (iv)&nbsp;benefits the full costs of which
are borne by the current or former employee or director or his or her beneficiary or (v)&nbsp;certain rights to exercise stock
options for a period of time beyond such recipient&rsquo;s last day of service with the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
 &ldquo;nonqualified deferred compensation plan&rdquo; (within the meaning of Section&nbsp;409A of the Code) is in material compliance
with the requirements of 409A of the Code and guidance promulgated thereunder by its terms and has been operated in material compliance
with such requirements. All Company Options were granted with an exercise price at least equal to the fair market value of the
Company&rsquo;s common stock (as determined pursuant to the applicable provisions of Section&nbsp;409A and 422 of the Code and
the Regulations promulgated thereunder) on the date such options were granted by the Company&rsquo;s board of directors (or a committee
thereof), and the Company has not incurred any liability or obligation to withhold taxes under Section&nbsp;409A of the Code upon
the vesting of any Company Options, nor would the vesting or settlement of such awards reasonably be expected to result in a violation
of Section&nbsp;409A of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
is no agreement, plan, arrangement or other contract covering any current or former employee or other service provider of the Company
or any Subsidiary that, considered individually or considered collectively with any other such agreements, plans, arrangements
or other contracts, will, or could reasonably be expected to, as a result of the transactions and agreements contemplated hereby
(whether alone or upon the occurrence of any additional or subsequent events), give rise directly or indirectly to the payment
of any amount that could reasonably be characterized as a &ldquo;parachute payment&rdquo; within the meaning of Section&nbsp;280G
of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Labor
Matters</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Company nor any of its Subsidiaries is a party to or bound by any collective bargaining agreement, work rules or other agreement
with any labor union, labor organization, employee association, or works council (each, a &ldquo;<B>Union</B>&rdquo;) applicable
to employees of the Company or any of its Subsidiaries (&ldquo;<B>Company Employees</B>&rdquo;). None of the Company Employees
is represented by any Union with respect to his or her employment with the Company or any of its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company and its Subsidiaries are, and since January 1, 2018 have been, in compliance with all applicable state, federal, and local
Laws respecting labor and employment, including all Laws relating to discrimination, disability, labor relations, unfair labor
practices, hours of work, payment of wages, employee benefits, retirement benefits, compensation, immigration, workers&rsquo; compensation,
working conditions, occupational safety and health, family and medical leave, reductions in force, plant closings, notification
of employees, and employee terminations, except as would not reasonably be expected to have, individually or in the aggregate,
a Company Material Adverse Effect, and to the knowledge of the Company, the Company does not have any liabilities under the WARN
Act or any state or local Laws requiring notice with respect to such layoffs or terminations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
representations and warranties set forth in <U>Section&nbsp;4.14</U> and <U>Section&nbsp;4.15</U> are the Company&rsquo;s sole
and exclusive representations and warranties regarding employee, employee benefit plan and labor matters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intellectual
Property</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as would not have, individually or in the aggregate, a Company Material Adverse Effect, (i)&nbsp;the Company and its Subsidiaries
own or have the right to use in the manner currently used all patents, trademarks, trade names, copyrights, Internet domain names,
service marks and trade secrets (the &ldquo;<B>Intellectual Property Rights</B>&rdquo;) that are material to the business of the
Company and its Subsidiaries as currently conducted (the &ldquo;<B>Company Intellectual Property Rights</B>&rdquo;), and other
than trade secrets, all as listed in Section 4.16(a) of the Company Disclosure Schedule, and (ii)&nbsp;neither the Company nor
any of its Subsidiaries has received since January 1, 2018 any written charge, complaint, claim, demand or notice challenging the
validity of any of the Company Intellectual Property Rights. All rights whatsoever in or to, or control over, any of the Company&rsquo;s
subscriber or similar data, including customer lists, are owned, and will be owned immediately after the Effective Time, solely
by the Company and are not owned by, and immediately after the Effective Time will not be owned by, any employee or former employee
of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the Company&rsquo;s knowledge, the conduct of the business of the Company and its Subsidiaries as currently conducted does not
infringe upon any Intellectual Property Rights of any other Person, except for any such infringement that is not reasonably likely
to have, individually or in the aggregate, a Company Material Adverse Effect. To the Company&rsquo;s knowledge, no Person is infringing
any Company Intellectual Property Rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[intentionally
omitted].</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as is not reasonably likely to have, individually or in the aggregate, a Company Material Adverse Effect, to the Company&rsquo;s
knowledge, the Company&rsquo;s data, privacy and security practices conform in all material respects to all of the Privacy Commitments
(as defined below) and each Law applicable to the protection or processing or both of the name, street address, telephone number,
e-mail address, photograph, social security number, driver&rsquo;s license number, passport number or customer or account number,
or any other piece of information that allows the identification of a natural Person (&ldquo;<B>Personal Data</B>&rdquo;), including
Laws applicable direct marketing, e-mails, text messages or telemarketing. Except as is not reasonably likely to have, individually
or in the aggregate, a Company Material Adverse Effect, to the Company&rsquo;s knowledge, the Company as of the date of this Agreement:
(A) provides notice and obtains any necessary consents from data subjects required for the processing of Personal Data as conducted
by or for the Company; and (B) abides by any privacy choices (including opt-out preferences) of data subjects relating to Personal
Data (such obligations along with the obligations contained in the Company&rsquo;s data privacy and security policies, or published
on the Company&rsquo;s websites or otherwise made available by the Company to any Person (&ldquo;<B>Privacy Commitments</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
representations and warranties set forth in <U>Section&nbsp;4.16</U> are the Company&rsquo;s sole and exclusive representations
and warranties intellectual property matters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since
January 1, 2018, the Company has timely filed (taking into account any extension of time within which to file), all material income
Tax Returns and other material Tax Returns required to be filed by it, and all such filed Tax Returns are true, correct, complete
in all material respects. To the knowledge of the Company, all Taxes due and owing by the Company (whether or not shown on such
Tax Returns) have been fully and timely paid, except where the failure to pay or timely pay any such Tax is not reasonably likely
to have, individually or in the aggregate, a Company Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
unpaid Taxes of the Company did not materially, as of the date of the financial statements for the year-ended December 31, 2018
contained in the Company SEC Documents, exceed by a material amount the amount of Tax liability (exclusive of any reserve for deferred
Taxes established to reflect timing differences between book and Tax income) set forth on the face of the balance sheet therein
(rather than in any notes thereto).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
deficiency with respect to Taxes has been proposed, asserted or assessed against the Company in writing by a taxing authority that
has not been satisfied by payment, settled or withdrawn, or reserved on the Company&rsquo;s financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has not constituted either a &ldquo;distributing corporation&rdquo; or a &ldquo;controlled corporation&rdquo; (within the
meaning of Section&nbsp;355(a)(1)(A) of the Code) in a distribution of stock occurring during the last two (2) years intended to
qualify for tax-free treatment under Section&nbsp;355 or Section&nbsp;361 of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company and its subsidiaries have complied in all material respects with all applicable Laws relating to the payment of withholding
Taxes and have duly and timely withheld and paid over to the appropriate Tax authority (in all material respects) all amounts required
to be so withheld and paid under all applicable Tax Laws, including any Taxes in connection with any amounts paid or owing to any
present or former employee, officer, director, independent contractor, creditor, stockholder or any other third party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the knowledge of the Company, there are no Liens for Taxes on any of the assets of the Company, other than Permitted Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since
January 1, 2018, neither the Company nor any of its Subsidiaries has waived any statute of limitations in respect of Taxes or agreed
to any extension of time with respect to a Tax assessment or deficiency, in either case that is still outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Material
Contracts</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in Section 4.18 of the Company Disclosure Schedule, as of the date hereof, neither the Company nor any of its Subsidiaries
is a party to or bound by any &ldquo;Company Material Contract.&rdquo; For purposes of this Agreement, &ldquo;<B>Company Material
Contract</B>&rdquo; means all Contracts to which the Company or any of its Subsidiaries is a party or by which the Company, any
of its Subsidiaries or any of their respective properties or assets is bound (other than Company Plans or Company Benefit Plans)
that are or would be required to be filed by the Company as a &ldquo;material contract&rdquo; pursuant to Item 601(b)(10) of Regulation
S-K, except for (A)&nbsp;forms related to Company Benefit Plans, (B)&nbsp;the Company&rsquo;s form of change in control agreement
(and any amendments thereto), and (C)&nbsp;the Company&rsquo;s form of indemnification agreement, under the Securities Act or disclosed
by the Company on a Current Report on Form 8-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For the avoidance of doubt, all expired
or terminated Contracts for which the Company no longer has any obligations under are excluded from the definition of Company Material
Contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Company nor any Subsidiary of the Company is in breach of or default under the terms of any Company Material Contract where
such breach or default would have, individually or in the aggregate, a Company Material Adverse Effect. To the knowledge of the
Company, no other party to any Company Material Contract is in breach of or default under the terms of any Company Material Contract
where such breach or default would have, individually or in the aggregate, a Company Material Adverse Effect. Neither the Company
nor any Subsidiary has received notice of any breach or default under any Company Material Contract, except for breaches or defaults
that would not, individually or in the aggregate, reasonably be expected to result in a Company Material Adverse Effect. Each Company
Material Contract is a valid and binding obligation of the Company and, to the knowledge of the Company, is in full force and effect,
except as would not have, individually or in the aggregate, a Company Material Adverse Effect; <U>provided</U>, <U>however</U>,
that (i)&nbsp;such enforcement may be subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar
Laws, now or hereafter in effect, relating to creditors&rsquo; rights generally and (ii)&nbsp;equitable remedies of specific performance
and injunctive and other forms of equitable relief may be subject to equitable defenses and to the discretion of the court before
which any proceeding therefor may be brought.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Property</U>.
As of the date hereof (a)&nbsp;the Company has a good and valid leasehold interest in each material Company Lease, free and clear
of all Liens (other than Permitted Liens), and (b)&nbsp;owns or leases all of the material tangible personal property shown to
be owned or leased by the Company or any of its Subsidiaries reflected in the latest audited financial statements included in
the Company SEC Documents or acquired after the date thereof, free and clear of all Liens (other than Permitted Liens), except
to the extent disposed of in the ordinary course of business since the date of the latest audited financial statements included
in the Company SEC Documents or otherwise no longer held due to casualty or destruction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.20&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Takeover
Statutes</U>. Assuming the accuracy of the representation contained in <U>Section&nbsp;5.11</U>, the board of directors of the
Company has taken all actions and votes as are necessary to render the provisions of any &ldquo;fair price,&rdquo; &ldquo;moratorium,&rdquo;
 &ldquo;control share acquisition&rdquo; or any other restriction on business combinations contained in any applicable state takeover
or anti-takeover statute or similar federal or state Law (collectively, &ldquo;<B>Takeover Statutes</B>&rdquo;) inapplicable to
this Agreement, the CVR Agreement, the Merger or any other transaction contemplated by this Agreement or the CVR Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.21&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Vote
Required</U>. The affirmative vote of the holders of outstanding Company Common Stock representing at least a majority of all
the votes entitled to be cast thereupon by holders of Company Common Stock (the &ldquo;<B>Requisite Stockholder Approval</B>&rdquo;)
is the only vote of holders of securities of the Company that is necessary to adopt this Agreement and approve the transactions
contemplated hereby, including the Merger and but excluding the Recapitalization. For the avoidance of doubt, the Requisite Stockholder
Approval is the only vote of holders of securities of the Company that is necessary to effect the Recapitalization if the same
if submitted to the holders of Company Common Stock for approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.22&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Brokers</U>.
No broker, finder or investment banker other than Moelis &amp; Company LLC or Lake Street Capital Markets, LLC is entitled to
any brokerage, finder&rsquo;s or other fee or commission in connection with the Merger and any of the other transactions contemplated
by this Agreement or the CVR Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.23&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Other Representations or Warranties</U>. Except for the representations and warranties contained in this <U>Article&nbsp;IV</U>,
Parent and Merger Sub acknowledge that neither the Company nor any other person on behalf of the Company makes any express or
implied representation or warranty with respect to the Company or with respect to any other information provided to Parent or
Merger Sub in connection with the transactions contemplated hereby, including the accuracy, completeness or currency thereof.
Neither the Company nor any other person will have or be subject to any liability or indemnification obligation to Parent, Merger
Sub or any other person resulting from the distribution or failure to distribute to Parent or Merger Sub, or Parent&rsquo;s or
Merger Sub&rsquo;s use of, any such information, including any information, documents, projections, forecasts of other material
made available to Parent or Merger Sub in the electronic data room for Project Boulevard maintained by the Company for purposes
of the Merger and the other transactions contemplated by this Agreement (the &ldquo;<B>Electronic Data Room</B>&rdquo;), management
presentations in expectation of the transactions contemplated by this Agreement or otherwise, unless and to the extent any such
information is expressly included in a representation or warranty contained in this <U>Article&nbsp;IV.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.24&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Prior
Transactions</U>. Each Prior Transaction was completed in compliance with all applicable Laws, including the applicable requirements
of the Exchange Act and Securities Act, and the applicable rules of The Nasdaq Capital Market, except for instances of non-compliance
that would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. Each Prior
Transaction received the requisite approval of the Company&rsquo;s board of directors and stockholders in accordance with the
Company&rsquo;s Restated Certificate of Incorporation, as amended, Bylaws, as amended, and the DGCL. Except as set forth on Section
4.24 of the Company Disclosure Schedule, no claims have been made, or to the Company&rsquo;s knowledge, threatened, against the
Company by the buyer in either Prior Transaction alleging breach of the Definitive Agreements by the Company or seeking indemnification
pursuant to the Definitive Agreements. Except as set forth on Section 4.24 of the Company Disclosure Schedule, to the knowledge
of the Company&rsquo;s, all fees and expenses, including legal fees and expenses, incurred by the Company for third party advisors
engaged by the Company in connection with the Prior Transactions have been paid in full or accrued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;4.25&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Key
Personnel</U>. To the knowledge of the Company, neither Eric Lundberg nor Margaret De Luna have entered into any agreement or
understanding, verbal or written, with James Cramer or any other executive officer of the Company, directly or indirectly, to
work for any Person other than the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;V</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B><U>REPRESENTATIONS
AND WARRANTIES OF PARENT AND MERGER SUB</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as disclosed in the separate disclosure
letter which has been delivered by Parent to the Company prior to the execution of this Agreement (the &ldquo;<B>Parent Disclosure
Schedule</B>&rdquo;), Parent and Merger Sub hereby jointly and severally represent and warrant to the Company as of the date hereof
as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization
and Qualification; Subsidiaries</U>. Each of Parent and Merger Sub is a corporation duly organized, validly existing and in good
standing, under the laws of the State of Delaware. Each of Parent and Merger Sub has the requisite corporate power and authority
and all necessary governmental approvals to own, lease and operate its properties and to carry on its business as it is now being
conducted, except where the failure to have such power, authority and governmental approvals would not have, individually or in
the aggregate, a Parent Material Adverse Effect. Each of Parent and Merger Sub is duly qualified or licensed as a foreign corporation
to do business, and, in the case of Merger Sub only, is in good standing, in each jurisdiction where the character of the properties
owned, leased or operated by it or the nature of its business makes such qualification or licensing necessary, except where the
failures to be so qualified or licensed or to be in good standing would not have, individually or in the aggregate, a Parent Material
Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certificate
of Incorporation, Bylaws, and Other Organizational Documents</U>. Parent has made available to the Company true, correct and complete
copies of the certificate of incorporation, bylaws (or equivalent organizational or governing documents), and other organizational
or governing documents, agreements or arrangements, each as amended to date, of each of Parent and Merger Sub (collectively, &ldquo;<B>Parent
Organizational Documents</B>&rdquo;). The Parent Organizational Documents are in full force and effect. None of Parent, Merger
Sub or, to the knowledge of Parent, any of the other parties thereto are in violation of any provision of the Parent Organizational
Documents, as applicable, except as would not have, individually or in the aggregate, a Parent Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authority
Relative to Agreement</U>. Each of Parent and Merger Sub has all necessary power and authority to execute and deliver this Agreement
and the other agreements referred to in this Agreement to which Parent and Merger Sub is or will be a party, to perform its obligations
hereunder and to consummate the transactions contemplated hereby, including the Merger. The execution and delivery of this Agreement
by Parent and Merger Sub and the CVR Agreement in the case of Parent, and the consummation by Parent and Merger Sub of the transactions
contemplated hereby and thereby, including the Merger, have been duly and validly authorized by all necessary corporate action
of Parent and Merger Sub, and no other corporate proceedings on the part of Parent or Merger Sub are necessary to authorize the
execution of this Agreement or the CVR Agreement or to consummate the transactions contemplated hereby or thereby, including the
Merger (other than, with respect to the Merger, the filing of the Certificate of Merger with the Secretary of State). This Agreement
has been duly and validly executed and delivered by Parent and Merger Sub and, assuming the due authorization, execution and delivery
by the Company, this Agreement constitutes a legal, valid and binding obligation of Parent and Merger Sub, enforceable against
Parent and Merger Sub in accordance with its terms (except as such enforceability may be limited by bankruptcy, insolvency, fraudulent
transfer, reorganization, moratorium and other similar laws of general applicability relating to or affecting creditor&rsquo;s
rights, and to general equitable principles).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Conflict; Required Filings and Consents</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the execution and delivery of this Agreement by Parent and Merger Sub, the execution and delivery of CVR Agreement by Parent,
the consummation by Parent or Merger Sub of the transactions contemplated by this Agreement, including the Merger, or compliance
by Parent or Merger Sub with any of the provisions of this Agreement or the CVR Agreement will (i)&nbsp;conflict with, violate
or breach any provision of the certificate of incorporation or bylaws (or equivalent organizational or governing documents) of
(x)&nbsp;Parent or (y)&nbsp;Merger Sub, (ii)&nbsp;assuming the consents, approvals and authorizations specified in <U>Section&nbsp;5.4(b)</U>
have been received and the waiting periods referred to therein have expired, and any condition precedent to such consent, approval,
authorization, or waiver has been satisfied, conflict with or violate any Law, judgment, writ or injunction or any Governmental
Authority applicable to Parent or Merger Sub or by which any property or asset of Parent or Merger Sub is bound or affected or
(iii)&nbsp;result in any breach of or constitute a default (or an event which with notice or lapse of time or both would become
a default) under, or give to others any right of termination, amendment, acceleration or cancellation of, or result in the creation
of a Lien on any property or asset of Parent or Merger Sub pursuant to, any Contract to which Parent or Merger Sub is a party or
by which Parent or Merger Sub or any property or asset of Parent or Merger Sub is bound, other than, in the case of clauses&nbsp;(ii)
and (iii), for any such violations, breaches, defaults, rights, terminations, amendments, accelerations, or cancellations which
would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
for (i)&nbsp;compliance with the applicable requirements of the Exchange Act, the Securities Act or Blue Sky Laws or (ii)&nbsp;the
filing of the Certificate of Merger with the Secretary of State of the State of Delaware pursuant to the DGCL, no consent or approval
of, or filing, license, waiver, permit or authorization, declaration, registration or filing with or notification to, any Governmental
Authority or any stock market or stock exchange are necessary for the execution and delivery of this Agreement by Parent and Merger
Sub, the execution and delivery of the CVR Agreement by Parent, the performance by the Parent and Merger Sub of their obligations
hereunder and the consummation by the Parent and Merger Sub of the transaction contemplated hereby or thereby, other than such
consent, approval, filings, license permits, authorizations, declarations, registrations or filings with or notification that,
if not obtained, made or given, would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse
Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Litigation</U>. As of the date hereof, there is no claim, action, suit, arbitration, proceeding, or investigation pending or,
to the knowledge of Parent, threatened in writing against Parent, Merger Sub or any of their respective affiliates or any of their
respective properties or assets at law or in equity, and there are no Orders by or before any arbitrator or Governmental Authority,
in each case as would have, individually or in the aggregate, a Parent Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Certain Agreements</U>. Except as set forth in <U>Section 5.6</U> of the Parent Disclosure Schedule, neither Parent nor any
of its affiliates has entered into any Contract, arrangement or understanding (in each case, whether oral or written), or authorized,
committed or agreed to enter into any Contract, arrangement or understanding (in each case, whether oral or written), pursuant
to which: any stockholder of the Company would be entitled to receive consideration of a different amount or nature than the Merger
Consideration or pursuant to which any stockholder of the Company (i)&nbsp;agrees to vote to adopt this Agreement or the Merger
or (ii)&nbsp;agrees to vote against any Superior Proposal.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Parent
SEC Documents; Financial Statements; Information Supplied</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in <U>Section 5.7(a)</U> of the Parent Disclosure Schedule, since January 1, 2018, Parent has filed with the SEC,
on a timely basis, all required registration statements, forms, documents, proxy statements and reports required to be filed or
furnished prior to the date hereof by it with the SEC (collectively, and in each case including all exhibits and schedules thereto
and documents incorporated by reference therein, including any amendments thereto, the &ldquo;<B>Parent SEC Documents</B>&rdquo;).
As of their respective dates, or, if amended, as of the date of the last such amendment, the Parent SEC Documents complied in all
material respects with the requirements of the Securities Act, the Exchange Act and the Sarbanes-Oxley Act, as the case may be,
and the applicable rules and regulations promulgated thereunder, and none of the Parent SEC Documents at the time it was filed
contained any untrue statement of a material fact or omitted to state any material fact required to be stated therein or necessary
to make the statements therein, in light of the circumstances under which they were made, or are to be made, not misleading. As
of the date of this Agreement, there are no outstanding or unresolved comments in comment letters received from the SEC or its
staff.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in <U>Section 5.7(b)</U> of the Parent Disclosure Schedule, the consolidated financial statements (including all related
notes and schedules) of Parent included or incorporated by reference in the Parent SEC Documents complied as to form, as of their
respective dates of filing with the SEC, in all material respects with all applicable accounting requirements and with the published
rules and regulations of the SEC with respect thereto, have been prepared in accordance with GAAP applied on a consistent basis
during the periods involved (except (i)&nbsp;with respect to financial statements included in Company SEC Documents filed as of
the date of this Agreement, as may be indicated in the notes thereto or (ii)&nbsp;as permitted by Regulation S-X under the Securities
Act) and fairly present in all material respects the consolidated financial position of Parent and its consolidated subsidiaries
as at the respective dates thereof and their consolidated results of operations and consolidated cash flows for the respective
periods then ended (subject, in the case of unaudited statements, to normal year-end audit adjustments, to the absence of notes
and to any other adjustments described therein, including in any notes thereto) in conformity with GAAP (except as may be indicated
therein or in the notes thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the information supplied or to be supplied by or on behalf of Parent or Merger Sub expressly for inclusion or incorporation
by reference in the Proxy Statement will, at the date it is first mailed to the stockholders of the Company and at the time of
the Stockholders&rsquo; Meeting, contain any untrue statement of a material fact or omit to state any material fact required to
be stated therein or necessary to make the statements therein, in light of the circumstances under which they are made, not misleading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Capitalization
of Merger Sub</U>. As of the date of this Agreement, the authorized share capital of Merger Sub consists of 1,000 shares, par
value $0.01 per share, of which 100 are validly issued and outstanding. All of the issued and outstanding share capital of Merger
Sub is, and at the Effective Time will be, owned by Parent or a direct or indirect wholly owned Subsidiary of Parent. Merger Sub
was formed solely for the purpose of engaging in the transactions contemplated hereby, and it has not conducted any business prior
to the date hereof and has no, and prior to the Effective Time will have no, assets, liabilities or obligations of any nature
other than those incident to its formation and pursuant to this Agreement and the Merger and the other transactions contemplated
by this Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Brokers</U>.
No broker, finder or investment banker is entitled to any brokerage, finder&rsquo;s or other fee or commission in connection with
the Merger and any of the other transactions contemplated by this Agreement based upon arrangements made by or on behalf of Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sufficient
Funds; Solvency</U>. The Escrow Deposit is an amount in cash equal to the Aggregate Cash Merger Consideration. Parent has and,
at the Effective Time will have, sufficient funds available (through a capital contribution or debt financing from B Riley FBR,
Inc.) to (a)&nbsp;pay all costs, fees and expenses related to this Agreement and the transactions contemplated hereby and (b)
to satisfy the working capital needs and other general corporate requirements of Parent and the Surviving Corporation following
the Merger. Parent has delivered to the Company a letter addressed to Parent and the Company, dated as of June 7, 2019, to the
effect that B Riley FBR, Inc. is highly confident of its ability to underwrite, arrange and/or place financing sufficient to provide
to Parent, as of the date hereof and at and following the Effective Time, with such funds. Parent and Merger Sub acknowledge and
agree that their obligations hereunder are not subject to any conditions regarding Parent&rsquo;s, Merger Sub&rsquo;s or any other
person&rsquo;s ability to obtain financing for the consummation of the transactions contemplated by this Agreement. As of the
Effective Time, assuming&nbsp;satisfaction of the conditions to the Parent&rsquo;s obligation to consummate the Merger or waiver
of such conditions, and after giving effect to the transactions contemplated by this Agreement, including receipt of any funding
from B Riley FBR, Inc., payment of the Aggregate Cash Merger Consideration, payment by Parent of all amounts required to be paid
in connection with the consummation of the transactions contemplated hereby, payment by Parent of all related fees and expenses
and satisfaction by Parent of the working capital needs of Parent and the Surviving Corporation following the Merger, Parent will
be Solvent as of the Effective Time and immediately following the transactions contemplated hereby. For purposes of this <U>Section&nbsp;5.10</U>,
 &ldquo;<B>Solvent</B>&rdquo; with respect to Parent means that, as of any date of determination, (i)&nbsp;the amount of the &ldquo;fair
saleable value&rdquo; of the assets of Parent and its Subsidiaries (including the Surviving Corporation), taken as a whole, exceeds,
as of such date, the sum of (A)&nbsp;the value of all &ldquo;liabilities of Parent and such Subsidiaries, taken as a whole, including
contingent and other liabilities,&rdquo; as of such date, as such quoted terms are generally determined in accordance with the
applicable federal Laws governing determinations of the insolvency of debtors and (B)&nbsp;the amount that will be required to
pay the probable liabilities of Parent and such Subsidiaries taken as a whole on its existing debts (including contingent and
other liabilities) as such debts become absolute and mature; (ii)&nbsp; Parent and such Subsidiaries will collectively not have,
as of such date, an unreasonably small amount of capital for the operation of the business in which it is engaged or proposed
to be engaged following the Closing Date; and (iii)&nbsp;Parent and such Subsidiaries will collectively be able to pay their liabilities,
including contingent and other liabilities, as they mature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>DGCL
Section&nbsp;203</U>. Neither Parent nor Merger Sub is, nor at any time has either Parent or Merger Sub been, an &ldquo;interested
stockholder&rdquo; of the Company as defined in Section&nbsp;203 of the DGCL or as defined in the Company&rsquo;s Restated Certificate
of Incorporation, as amended.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Parent
Ownership of Company Securities</U>. Parent and its Subsidiaries do not beneficially own (as such term is used in Rule 13d-3 promulgated
under the Exchange Act) any shares of Company Common Stock or other securities of the Company or any options, warrants or other
rights to acquire Company Common Stock or other securities of, or any other economic interest (through derivative securities or
otherwise) in, the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>WARN
Act</U>. Parent and Merger Sub are neither planning nor contemplating, and Parent and Merger Sub have neither made nor taken,
any decisions or actions concerning the Company Employees after the Closing that would require the service of notice under the
WARN Act or similar local laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Management
Agreements</U>. Other than this Agreement and the Voting Agreement, there are no Contracts, undertakings, commitments, agreements
or obligations or understandings between Parent or Merger Sub or any of their respective affiliates, on the one hand, and any
member of the Company&rsquo;s management or the board of directors or any of the Company&rsquo;s affiliates, on the other hand,
relating in any way to the transactions contemplated by this Agreement or the operations of the Company after the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Parent Vote Required</U>. No approval of the holders of the Parent&rsquo;s shares is required by applicable Law, the Parent Organizational
Documents, or otherwise for Parent and Merger Sub to approve and adopt this Agreement and to consummate the transactions contemplated
hereby, including the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;5.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acknowledgement
of Disclaimer of Other Representations and Warranties</U>. Parent and Merger Sub acknowledge that, as of the date hereof, they
and their Representatives (a)&nbsp;have received access to (i)&nbsp;the Electronic Data Room, and (ii)&nbsp;such books and records,
Contracts and other assets of the Company which they and their Representatives, as of the date hereof, have requested to review,
and (b)&nbsp;have had the opportunity to meet with the management of the Company and to discuss the business and assets of the
Company. Parent and Merger Sub each acknowledges and agrees that, except for the representations and warranties expressly set
forth in this Agreement (a)&nbsp;neither the Company nor any of its Subsidiaries makes, or has made, any representation or warranty
relating to itself or its business or otherwise in connection with the Merger and Parent and Merger Sub are not relying on any
representation or warranty except for those expressly set forth in this Agreement, (b)&nbsp;no person has been authorized by the
Company or any of its Subsidiaries to make any representation or warranty relating to itself or its business or otherwise in connection
with the Merger, and if made, such representation or warranty must not be relied upon by Parent or Merger Sub as having been authorized
by such entity, and (c)&nbsp;any estimate, projection, prediction, data, financial information, memorandum, presentation or any
other materials or information provided by the Company or addressed to Parent, Merger Sub or any of their Representatives, are
not and shall not be deemed to be or include representations or warranties unless and to the extent any such materials or information
is the subject of any express representation or warranty set forth in <U>Article&nbsp;IV</U>. Each of Parent and Merger Sub acknowledges
that it has conducted, to its satisfaction, its own independent investigation of the condition, operations and business of the
Company and its Subsidiaries and, in making its determination to proceed with the transactions contemplated by this Agreement,
including the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VI</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B><U>COVENANTS AND AGREEMENTS</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct
of Business by the Company Pending the Merger</U>. The Company covenants and agrees that, between the date of this Agreement and
the earlier of the Effective Time and the date, if any, on which this Agreement is terminated pursuant to <U>Section&nbsp;8.1</U>,
except (a)&nbsp;as may be required by Law, (b)&nbsp;as may be agreed in writing by Parent (which consent shall not be unreasonably
withheld, delayed or conditioned), (c)&nbsp;as may be expressly permitted pursuant to this Agreement, including effecting the
Recapitalization or Pre-Merger Special Distribution, as the case may be, or (d)&nbsp;as set forth in Section 6.1 of the Company
Disclosure Schedule, (x)&nbsp;the business of the Company and its Subsidiaries shall be conducted only in, and such entities shall
not take any action except in the ordinary course of business and in a manner consistent with past practice in all material respects
and the Company and its Subsidiaries shall use their respective commercially reasonable efforts to preserve their business organizations
substantially intact and maintain existing relations with Governmental Authorities, top customers, suppliers, distributors, licensees,
licensors, creditors, landlords, employees and other person with whom the Company maintains a material business relationship;
<U>provided</U>, <U>however</U>, that no action by the Company or its Subsidiaries with respect to matters specifically addressed
by any provision of this <U>Section&nbsp;6.1</U> shall be deemed a breach of this sentence unless such action would constitute
a breach of such specific provision; and (y)&nbsp;the Company shall not (except for any actions taken in connection with the Distribution
or the Recapitalization or Pre-Merger Special Distribution, as the case may be):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as set forth in <U>Section 6.16</U> to effect the Recapitalization or Pre-Merger Special Distribution, as the case may be, amend
or otherwise change the Restated Certificate of Incorporation, as amended, or the Bylaws, as amended, of the Company (or such equivalent
organizational or governing documents of any of its Subsidiaries);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
for transactions among the Company and its wholly owned Subsidiaries or among the Company&rsquo;s wholly owned Subsidiaries, including
any actions taken in connection with the Recapitalization or Pre-Merger Special Distribution, as the case may be, issue, sell,
pledge, dispose, encumber, grant, confer or award any shares of its or its Subsidiaries&rsquo; capital stock, or any options, warrants,
restricted stock units, convertible securities or other rights of any kind to acquire any shares of its or its Subsidiaries&rsquo;
capital stock or take any action not otherwise contemplated by this Agreement to cause to be exercisable any otherwise unexercisable
option under any existing stock plan (except as otherwise provided by the terms of any unexercisable options or other equity awards
outstanding on the date hereof or otherwise permitted to be granted under clause&nbsp;(iii), (iv)&nbsp;or (v)&nbsp;below); <U>provided</U>,
<U>however</U> that (i)&nbsp;the Company may issue shares upon the exercise of any Company Option outstanding as of the date hereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
except as necessary to effect the Recapitalization or Pre-Merger Special Distribution, as the case may be, (i)&nbsp;declare, authorize,
make or pay any dividend or other distribution, payable in cash, stock, property or otherwise, with respect to the Company&rsquo;s
or any of its Subsidiaries&rsquo; capital stock, other than dividends paid by any Subsidiary of the Company to the Company or any
wholly owned Subsidiary of the Company, or (ii)&nbsp;split, combine, or reclassify any of its capital stock or other equity of
the Company, or issue or authorize the issuance of any other securities in respect of, in lieu of, or in substitution of shares
of capital stock of the Company;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as required pursuant to existing written agreements or Company Benefit Plans in effect as of the date hereof, or written agreements
for newly hired employees entered into in the ordinary course of business, or as otherwise required by Law, (i)&nbsp;materially
increase the compensation or other benefits payable or to become payable to employees, directors or executive officers of the Company
or any of its Subsidiaries except in the ordinary course of business consistent with past practice (including, for this purpose,
the normal salary, bonus and equity compensation review process conducted each year), (ii)&nbsp;grant any severance or termination
pay to, or enter into any severance agreement with, any employee, director or executive officer of the Company or any of its Subsidiaries,
other than in the ordinary course of business consistent with past practice, (iii)&nbsp;enter into any employment agreement with
any employee or executive officer of the Company (except (x)&nbsp;to the extent necessary to replace a departing employee, (y)&nbsp;for
employment agreements terminable on less than thirty (30)&nbsp;days&rsquo; notice without penalty, and (z)&nbsp;for extension of
employment agreements in the ordinary course of business consistent with past practice), or (iv)&nbsp;establish, adopt, enter into
or amend any collective bargaining agreement except as may be required by Law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;acquire,
whether by purchase, merger, consolidation, or acquisition of stock, assets, properties, interests or businesses or make any investment
in (whether by purchase of stock or securities, contributions to capital, loans to or property transfers), any corporation, partnership,
limited liability company, other business organization or any division or any material amount of assets thereof, or a material
license therefor, except in the ordinary course of business, consistent with past practice or pursuant to existing Contracts to
which the Company is a party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
in the ordinary course of business consistent with past practice, enter into, amend or terminate any lease or sublease of real
property, including any Company Lease (whether as a lessor, sublessor, lessee or sublessee) or fail to exercise any right to renew
any lease or sublease of real property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;sell
or grant a license in or otherwise subject to any encumbrance or otherwise dispose of any material properties or assets, including
Company Intellectual Property Rights, other than the granting of nonexclusive licenses in the ordinary course of business consistent
with past practice;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;grant
any sublicense rights to any customer of the Company with respect to any Company product or services;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;make
any loans or advances, otherwise incur any long-term indebtedness for borrowed money or guarantee any such indebtedness for any
person (other than a Company subsidiary) except for indebtedness (i)&nbsp;for borrowed money incurred pursuant to agreements in
effect prior to the execution of this Agreement or (ii)&nbsp;as otherwise required in the ordinary course of business consistent
with past practice (including advances / reimbursements to employees for routine business and travel expenses);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;enter
into a Contract which would be considered a Company Material Contract, (ii)&nbsp;modify, amend or terminate any Company Material
Contract where such modification, amendment or termination would have a value in excess of $10,000, or (iii)&nbsp;waive, release
or assign any rights or claims having a value in excess of $10,000 under a Company Material Contract, in each case, other than
in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(i)&nbsp;pay, discharge, settle or satisfy any claims or legal proceedings with a settlement value in excess of $150,000, (ii)&nbsp;waive,
release, grant or transfer any right of material value other than in the ordinary course of business consistent with past practice,
or (iii)&nbsp;commence any legal action or proceeding where the amount claimed is in excess of $50,000, except in each case for
any settlement solely for cash and for which the Company has no liability or material ongoing obligation (other than execution
of a customary release; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;enter
into any Contract to do any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Proxy
Statement</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Preparation
and Filing of Proxy Statement</U>. The Company shall, with the assistance of Parent, as soon as reasonably practicable following
the date hereof, prepare and file with the SEC the Proxy Statement. The Company shall promptly notify Parent upon the receipt of
any comments from the SEC (or the staff of the SEC) or any request from the SEC (or the staff of the SEC) for amendments or supplements
to the Proxy Statement, and shall provide Parent with copies of all correspondence between the Company and its Representatives,
on the one hand, and the SEC (or the staff of the SEC), on the other hand with respect to this Agreement. The Company shall use
its reasonable best efforts to respond as promptly as reasonably practicable to any comments of the SEC (or the staff of the SEC)
with respect to the Proxy Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Mailing
of Proxy Statement; Amendments</U>. The Company shall cause the Proxy Statement to be mailed or delivered to the holders of Company
Common Stock as of the record date established for the Stockholders&rsquo; Meeting as promptly as reasonably practicable after
the date on which the SEC (or the staff of the SEC) confirms that it has no further comments on the Proxy Statement. If at any
time prior to the Effective Time any event or circumstance relating to the Company or Parent or any of the Company&rsquo;s or Parent&rsquo;s
Subsidiaries, or their respective officers or directors, should be discovered by the Company or Parent, respectively, which, pursuant
to the Exchange Act, should be set forth in an amendment or a supplement to the Proxy Statement, such party shall promptly inform
the others. Except for annual, quarterly and current reports filed or furnished with the SEC under the Exchange Act, which may
be incorporated by reference therein, no filing of, or amendment or supplement to the Proxy Statement relating to the Merger will
be made by the Company without providing Parent the opportunity to review and comment thereon. Each of Parent, Merger Sub and the
Company agree to correct any information provided by it for use in the Proxy Statement which shall have become false or misleading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Cooperation</U>.
Parent shall furnish to the Company all information concerning Parent and Merger Sub required by the Exchange Act and the rules
and regulations promulgated thereunder to be set forth in the Proxy Statement and shall otherwise assist and cooperate with the
Company in the preparation of the Proxy Statement and the resolution of comments from the SEC (or the staff of the SEC). Prior
to filing or mailing the Proxy Statement (or any amendment or supplement thereto) or responding to any comments of the SEC (or
the staff of the SEC) with respect thereto, the Company shall provide Parent a reasonable opportunity to review and to propose
comments on such document or response to the extent related to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Stockholders&rsquo;
Meeting</U>. The Company shall, as promptly as reasonably practicable following the date on which the SEC (or the staff of the
SEC) confirms that it has no further comments on the Proxy Statement, take all action necessary in accordance with applicable
Law, the rules of The Nasdaq Capital Market and the Restated Certificate of Incorporation, as amended, and the Bylaws, as amended,
of the Company to duly call, give notice of, convene and hold a meeting of its stockholders (the &ldquo;<B>Stockholders&rsquo;
Meeting</B>&rdquo;) for the purpose of obtaining the Requisite Stockholder Approval. Subject to the ability of the board of directors
of the Company to make an Adverse Recommendation Change in accordance with <U>Section&nbsp;6.6(c)</U>, the board of directors
of the Company shall make the Company Recommendation with respect to the adoption of this Agreement and the approval of the transactions
contemplated hereby, including the Merger, and shall include such recommendation in the Proxy Statement. Parent shall vote (or
cause to be voted) all shares of Company Common Stock beneficially owned by Parent or Merger Sub, if any, in favor of the adoption
of this Agreement and the approval of the Merger at the Stockholders&rsquo; Meeting and the approval of the Recapitalization if
the same is submitted to the holders of Company Common Stock for approval at the Stockholders&rsquo; Meeting. Notwithstanding
anything to the contrary contained in this Agreement, the Company, after consultation with Parent, may adjourn or postpone the
Stockholders&rsquo; Meeting (i)&nbsp;as necessary to ensure that any required supplement or amendment to the Proxy Statement is
provided to the Company&rsquo;s stockholders within a reasonable amount of time in advance of the Stockholders&rsquo; Meeting,
(ii)&nbsp;if as of the time for which the Stockholders&rsquo; Meeting is originally scheduled (as set forth in the Proxy Statement)
there are insufficient shares of Company Common Stock represented (either in person or by proxy) to constitute a quorum necessary
to conduct business at the Stockholders&rsquo; Meeting, (iii)&nbsp;if required by applicable Law or (iv)&nbsp;if in the good faith
judgment of the board of directors of the Company (after consultation with legal counsel), an adjournment or postponement of the
Stockholders&rsquo; Meeting would be consistent with the fiduciary duties of the members of the board of directors of the Company
under applicable Law. Subject to the provisions of this Agreement, the Company will use reasonable best efforts to solicit from
holders of Company Common Stock proxies in favor of the adoption of this Agreement and the approval of the transactions contemplated
hereby, including the Merger, and to take all other action necessary or advisable to secure the vote or consent of holders of
Company Common stock required by the rules of The Nasdaq Capital Market or applicable Laws to obtain such approvals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appropriate
Action; Consents; Filings</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to <U>Section&nbsp;6.6</U>, the parties hereto will use their respective reasonable best efforts to consummate and make effective
the transactions contemplated hereby and to cause the conditions to the Merger set forth in <U>Article&nbsp;VII</U> to be satisfied,
including (i)&nbsp;the obtaining of all necessary actions or nonactions, consents and approvals from Governmental Authorities or
other persons necessary in connection with the consummation of the transactions contemplated by this Agreement, including the Merger,
and the making of all necessary registrations and filings (including filings with Governmental Authorities, if any) and the taking
of all reasonable steps as may be necessary to obtain an approval from, or to avoid an action or proceeding by, any Governmental
Authority or other persons necessary in connection with the consummation of the transactions contemplated by this Agreement, including
the Merger, (ii)&nbsp;the defending of any lawsuits or other legal proceedings, whether judicial or administrative, challenging
this Agreement or the consummation of the transactions, including the Merger, performed or consummated by such party in accordance
with the terms of this Agreement, including seeking to have any stay or temporary restraining order entered by any court or other
Governmental Authority vacated or reversed, and (iii)&nbsp;the execution and delivery of any additional instruments necessary to
consummate the Merger and any other transactions to be performed or consummated by such party in accordance with the terms of this
Agreement and to carry out fully the purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of Parent and the Company shall give (or shall cause its respective Subsidiaries to give) any notices to third parties, and Parent
shall use, and cause each of its affiliates to use, its reasonable best efforts, and the Company shall use its reasonable best
efforts to cooperate with Parent in its efforts, to obtain any third party consents not covered by subsection&nbsp;(a)&nbsp;above
that are necessary, proper or advisable to consummate the Merger. Each of the parties hereto will furnish to the other such necessary
information and reasonable assistance as the other may request in connection with the preparation of any required governmental
filings or submissions and will cooperate in responding to any inquiry from a Governmental Authority, including immediately informing
the other party of such inquiry, consulting in advance before making any presentations or submissions to a Governmental Authority,
and supplying each other with copies of all material correspondence, filings or communications between either party and any Governmental
Authority with respect to this Agreement. Notwithstanding the foregoing, obtaining any third party consents pursuant to this <U>Section&nbsp;6.4(b)</U>
shall not be considered a condition to the obligations of the Parent and Merger Sub to consummate the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Following
the Effective Time, each of Parent, Merger Sub and the Company agrees to cooperate fully with the other parties to this Agreement,
to execute such further instruments, documents and agreements, to give such further written assurances, as may be reasonably requested
by any other party to this Agreement and to carry into effect the intents and purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Access
to Information; Confidentiality</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
the date hereof to the Effective Time or the earlier termination date of this Agreement, if any, pursuant to <U>Section&nbsp;8.1</U>,
to the extent permitted by applicable Law and Contracts, the Company will provide to Parent and its Representatives reasonable
access during normal business hours to the Company&rsquo;s and its Subsidiaries&rsquo; properties, books, Contracts and records
and other information as Parent may reasonably request regarding the business, assets, liabilities, properties, employees and other
aspects of the Company and its Subsidiaries, but only to the extent that such access does not unreasonably interfere with the business
or operations of the Company and its Subsidiaries or could otherwise result in significant interference with the discharge by employees
of the Company or its Subsidiaries of their material duties; <U>provided</U>, <U>however</U>, that the Company shall not be required
to provide access to any information or documents which would, in the reasonable judgment of the Company, (i)&nbsp;breach any agreement
with any Third Party, (ii)&nbsp;constitute a waiver of the attorney-client or other privilege held by the Company, or (iii)&nbsp;otherwise
violate any applicable Laws, including data privacy laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
parties shall comply with, and shall cause their respective Representatives to comply with, all of their respective obligations
under the Confidentiality Agreement, which shall remain in full force and effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Non-Solicitation;
Acquisition Proposals</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as expressly permitted by this <U>Section&nbsp;6.6</U>, the Company agrees that it shall not, and the Company shall not authorize
any of its Representatives to, from the date hereof until the earlier of the Effective Time or the date, if any, on which this
Agreement is terminated pursuant to <U>Section&nbsp;8.1</U>, directly or indirectly, (x)&nbsp;solicit, initiate, seek, knowingly
encourage or knowingly facilitate (including by way of furnishing information) any inquiry, discussion, offer or request that constitutes,
or could reasonably be expected to lead to, a Competing Proposal, (y)&nbsp;engage in, continue or otherwise participate in any
discussions or negotiations with (other than to state they are not permitted to engage discussions), or furnish any non-public
information relating to the Company or any of its Subsidiaries to, or afford access to the books or records of the Company or its
Subsidiaries to, any Third Party that, to the knowledge of the Company, is seeking to make, or has made, a Competing Proposal,
or (z)&nbsp;approve, endorse, recommend or enter into any letter of intent, memorandum of understanding, agreement in principle,
acquisition agreement, merger agreement or similar definitive agreement (other than an Acceptable Confidentiality Agreement) with
respect to any Competing Proposal (an &ldquo;<B>Alternative Acquisition Agreement</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
any time after the date hereof and prior to obtaining the Requisite Stockholder Approval, the Company, its board of directors or
the strategic committee of such board of directors (the &ldquo;<B>Committee</B>&rdquo;), directly or indirectly through its Representatives,
may (i)&nbsp;furnish nonpublic information to any Third Party making an unsolicited, written Competing Proposal (<U>provided</U>,
<U>however</U>, that prior to so furnishing such information, the Company receives from the Third Party an executed Acceptable
Confidentiality Agreement), and (ii)&nbsp;engage in discussions or negotiations with such Third Party with respect to the Competing
Proposal if: (x)&nbsp;such Third Party has submitted an unsolicited, written Competing Proposal which the board of directors of
the Company or the Committee determines in good faith, after consultation with its financial and legal advisors, constitutes, or
could reasonably be expected to lead to, a Superior Proposal, and (y)&nbsp;the board of directors of the Company or the Committee
determines in good faith, after consultation with legal counsel, that failure to take such action would likely be inconsistent
with the directors&rsquo; fiduciary duties under applicable Law; <U>provided</U>, <U>however</U>, (a)&nbsp;such Competing Proposal
did not result from a breach of this <U>Section&nbsp;6.6</U>, and (b)&nbsp;the Company gives Parent the notice required by <U>Section&nbsp;6.6(e)</U>.
Prior to taking any of the actions referred to in this <U>Section&nbsp;6.6(b)</U>, and in accordance with <U>Section&nbsp;6.6(e)</U>
below, the Company shall notify Parent and Merger Sub orally and in writing that it proposes to furnish non-public information
and/or enter into discussions or negotiations as provided in this <U>Section&nbsp;6.6(b)</U>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as expressly permitted by this <U>Section&nbsp;6.6(c)</U>, neither the board of directors of the Company nor the Committee shall
(i)&nbsp;withdraw, change, qualify or modify, or publicly propose to withdraw, change, qualify or modify, in a manner adverse to
Parent or Merger Sub, the Company Recommendation; (ii)&nbsp;approve, adopt or recommend, or publicly propose to approve, adopt
or recommend, any Competing Proposal or Alternative Acquisition Agreement made or received after the date hereof (any of the actions
described in clauses&nbsp;(i) and (ii)&nbsp;of this <U>Section&nbsp;6.6(c)</U>, an &ldquo;<B>Adverse Recommendation Change</B>&rdquo;);
or (iii)&nbsp;cause or permit the Company to enter into any Alternative Acquisition Agreement. Notwithstanding anything to the
contrary set forth in this Agreement, at any time prior to obtaining the Requisite Stockholder Approval, the board of directors
of the Company, upon recommendation of the Committee, shall be permitted (x)&nbsp;to terminate this Agreement to enter into a definitive
agreement with respect to a Superior Proposal, subject to compliance with <U>Section&nbsp;6.6(d)</U> and <U>Section&nbsp;8.3</U>,
if the board of directors of the Company or the Committee (A)&nbsp;has received a Competing Proposal that, in the good faith determination
of the board of directors of the Company, upon recommendation of the Committee, constitutes, or could reasonably be expected to
lead to, a Superior Proposal, after having complied with, and giving effect to all of the adjustments which may be offered by Parent
and Merger Sub pursuant to, <U>Section&nbsp;6.6(d)</U>, and (B)&nbsp;determines in good faith, upon recommendation of the Committee
and after consultation with its legal advisors, that failure to take such action may be inconsistent with the directors&rsquo;
fiduciary duties under applicable Law, or (y)&nbsp;to effect an Adverse Recommendation Change described in clause&nbsp;(i) of such
definition, if the board of directors of the Company determines in good faith, upon recommendation of the Committee and after consultation
with its legal advisors, that failure to take such action may be inconsistent with the directors&rsquo; fiduciary duties under
applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company shall not be entitled to effect an Adverse Recommendation Change or to terminate this Agreement as permitted under <U>Section&nbsp;6.6(c)</U>
with respect to a Superior Proposal unless (i)&nbsp;the Company has provided a written notice (a &ldquo;<B>Notice of Superior Proposal</B>&rdquo;)
to Parent and Merger Sub that the Company intends to take such action and provides a copy of the Superior Proposal and a copy of
any transaction agreements, (ii)&nbsp;during the three (3)&nbsp;Business Day period following Parent&rsquo;s and Merger Sub&rsquo;s
receipt of the Notice of Superior Proposal, the Company shall, and shall cause its Representatives to, negotiate with Parent and
Merger Sub in good faith (to the extent Parent and Merger Sub desire to negotiate) to make such adjustments in the terms and conditions
of this Agreement so that such Superior Proposal ceases to constitute a Superior Proposal; and (iii)&nbsp;following the end of
such three (3)&nbsp;Business Day period, the board of directors of the Company shall have determined in good faith, upon recommendation
of the Committee and taking into account any changes to this Agreement proposed in writing by Parent and Merger Sub in response
to the Notice of Superior Proposal or otherwise, that the Superior Proposal giving rise to the Notice of Superior Proposal continues
to constitute a Superior Proposal. Any material amendment to the financial terms or any other material amendment of such Superior
Proposal shall require a new Notice of Superior Proposal and the Company shall be required to comply again with the requirements
of this <U>Section&nbsp;6.6(d)</U>; <U>provided</U>, <U>however</U>, that references to the three (3)&nbsp;Business Day period
above shall be deemed to be references to a two&nbsp;(2)&nbsp;Business Day period; and <U>provided</U>, <U>further</U> that (x)&nbsp;the
Company has complied in all material respects with its obligations under this <U>Section&nbsp;6.6</U>, (y)&nbsp;any purported termination
is in accordance with <U>Section&nbsp;8.1</U>, and (z)&nbsp;the Company pays Parent the applicable Termination Fee in accordance
with <U>Section&nbsp;8.3</U> prior to or concurrently with such termination.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
and after the date hereof, the Company shall, as promptly as reasonably practicable (and in any event within two (2)&nbsp;days),
advise Parent and Merger Sub of receipt by the Company of any Competing Proposal or any request for non-public information in connection
with any Competing Proposal, the material terms and conditions of any such Competing Proposal or request, including a copy of the
Competing Proposal and any related draft agreements, and shall as promptly as reasonably practicable (and in any event within two
(2)&nbsp;days) advise Parent and Merger Sub of any material amendments to any such Competing Proposal or request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nothing
contained in this Agreement shall prohibit the Company or its board of directors, directly or indirectly, from (a)&nbsp;taking
and disclosing to the Company&rsquo;s stockholders a position contemplated by Rule 14e-2(a) promulgated under the Exchange Act
(or any similar communication to the Company&rsquo;s stockholders in connection with the making or amendment of a tender offer
or exchange offer), or from making a statement contemplated by Item 1012(a) of Regulation M-A or Rule 14d-9 promulgated under the
Exchange Act, (b)&nbsp;making any other disclosure to the Company&rsquo;s stockholders with regard to this Agreement and the transactions
contemplated hereby, including the Merger, that such board of directors determines (after consultation with its outside legal counsel)
is required by applicable Law or stock exchange rule (in which event the Company shall give Parent notice of such requirement as
soon as reasonably practicable prior to such disclosure), or (c)&nbsp;issuing a &ldquo;stop, look and listen&rdquo; statement pending
disclosure of its position with respect to any tender offer or exchange offer; <U>provided</U>, <U>however</U>, that any disclosures
permitted under this <U>Section&nbsp;6.6(f)</U> shall not be a basis, in themselves, for Parent to terminate this Agreement pursuant
to <U>Section&nbsp;8.1(d)(i)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of this Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;<B>Competing
Proposal</B>&rdquo; shall mean, other than the transactions contemplated by this Agreement, any bona fide proposal or offer (other
than a proposal or offer by Parent or any of its Subsidiaries) from a Third Party relating to (i)&nbsp;a merger, reorganization,
sale of assets, share exchange, consolidation, business combination, recapitalization, dissolution, liquidation, joint venture
or similar transaction involving the Company or any of its Subsidiaries whose assets, individually or in the aggregate, constitute
twenty-five percent (25%) or more of the consolidated assets of the Company as determined on a book-value basis; (ii)&nbsp;the
acquisition (whether by merger, consolidation, equity investment, joint venture or otherwise) by any person of twenty-five percent
(25%) or more of the assets of the Company and its Subsidiaries, taken as a whole as determined on a book-value basis; (iii)&nbsp;the
acquisition in any manner, directly or indirectly, by any person of twenty-five percent (25%) or more of the issued and outstanding
shares of Company Common Stock, (iv)&nbsp;any purchase, acquisition, tender offer or exchange offer that, if consummated, would
result in any person beneficially owning twenty-five percent (25%) or more of the Company Common Stock or any class of equity or
voting securities of the Company or any of its Subsidiaries whose assets, individually or in the aggregate, constitute twenty-five
percent (25%) or more of the consolidated assets of the Company as determined on a book-value basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;<B>Superior
Proposal</B>&rdquo; shall mean a Competing Proposal (with all percentages in the definition of Competing Proposal increased to
fifty percent (50%)) made by a Third Party on terms that the board of directors of the Company determines in good faith, after
upon the recommendation of the Committee and consultation with the Company&rsquo;s financial and legal advisors, and considering
such factors as the board of directors of the Company considers to be appropriate (including the conditionality and the timing
and likelihood of consummation of such proposal), are more favorable to the Company and its stockholders than the transactions
contemplated by this Agreement (after giving effect to all adjustments to the terms thereof which may be offered by Parent in writing
(including pursuant to <U>Section&nbsp;6.6(d)</U>).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Directors&rsquo;
and Officers&rsquo; Indemnification and Insurance</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
and Merger Sub agree that all rights to exculpation and indemnification for acts or omissions occurring at or prior to the Effective
Time, whether asserted or claimed prior to, at or after the Effective Time (including any matters arising in connection with the
transactions contemplated by this Agreement), now existing in favor of the current or former directors, officers or employees,
as the case may be, of the Company or its Subsidiaries as provided in the Company&rsquo;s or each of the Company&rsquo;s Subsidiaries&rsquo;
respective articles or certificates of incorporation or bylaws (or comparable organizational or governing documents) or in any
agreement shall survive the Merger and shall continue in full force and effect. For a period of six (6)&nbsp;years from the Effective
Time, Parent and the Surviving Corporation shall (and Parent shall cause the Surviving Corporation to) (i)&nbsp;fulfill and honor
all obligations of the Company to the Indemnitees with respect to all acts or omissions by them in their capacities as such at
any time prior to the Effective Time, to the fullest extent permitted by the Laws of the State of Delaware and required by: (x)&nbsp;the
Restated Certificate of Incorporation, as amended, or Bylaws, as amended (or equivalent organizational or governing documents),
of the Company or any of its Subsidiaries or affiliates as in effect on the date of this Agreement and (y)&nbsp;the indemnification
agreement(s) of the Company or its Subsidiaries or other applicable Contract(s) as in effect on the date of this Agreement, and
(ii)&nbsp;not amend, repeal or otherwise modify any such provisions referenced in subsections&nbsp;(i)(x) and (y)&nbsp;above in
any manner that would adversely affect the rights thereunder of any Indemnitees, unless such modification is required by the Laws
of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
limiting the provisions of <U>Section&nbsp;6.7(a)</U>, during the period commencing as of the Effective Time and ending on the
sixth (6th) anniversary of the Effective Time, Parent and the Surviving Corporation will to the extent permitted by the Laws of
the State of Delaware: (i)&nbsp;indemnify and hold harmless each Indemnitee against and from any costs or expenses (including reasonable
attorneys&rsquo; fees), judgments, inquiries, fines, losses, claims, damages, liabilities and amounts paid in settlement in connection
with any claim, action, suit, proceeding or investigation, whether civil, criminal, administrative or investigative, to the extent
such claim, action, suit, proceeding or investigation arises out of or pertains to: (x)&nbsp;any action or omission or alleged
action or omission in such Indemnitee&rsquo;s capacity as a director, officer, employee, fiduciary or agent of the Company or any
of its Subsidiaries or affiliates; or (y)&nbsp;the Distribution, the Recapitalization or Pre-Merger Special Distribution, as the
case may be, the Merger, the Merger Agreement and any transactions contemplated hereby; and (ii)&nbsp;pay in advance of the final
disposition of any such claim, action, suit, proceeding or investigation the expenses (including reasonable attorneys&rsquo; fees)
of any Indemnitee upon receipt of an undertaking by or on behalf of such Indemnitee to repay such amount if it shall ultimately
be determined that such Indemnitee is not entitled to be indemnified. Notwithstanding anything to the contrary contained in this
<U>Section&nbsp;6.7(b)</U> or elsewhere in this Agreement, neither Parent nor the Surviving Corporation shall (and Parent shall
cause the Surviving Corporation not to) settle or compromise or consent to the entry of any judgment or otherwise seek termination
with respect to any claim, action, suit, proceeding or investigation of a covered person for which indemnification may be sought
under this <U>Section&nbsp;6.7(b)</U> unless such settlement, compromise, consent or termination includes an unconditional release
of such covered person from all liability arising out of such claim, action, suit, proceeding or investigation, and does not include
an admission of fault or wrongdoing by any Indemnitee or such Indemnitee otherwise consents in writing to such settlement, compromise,
consent or termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the Effective Time, the Company shall obtain and fully pay the premium for the non-cancellable extension of the directors&rsquo;
and officers&rsquo; liability coverage of the Company&rsquo;s existing directors&rsquo; and officers&rsquo; insurance policies
and the Company&rsquo;s existing fiduciary liability insurance policies (collectively, the &ldquo;<B>D&amp;O Insurance</B>&rdquo;),
in each case for a claims reporting or discovery period of at least six (6)&nbsp;years from and after the Effective Time with respect
to any claim related to any period of time at or prior to the Effective Time from an insurance carrier with the same or better
credit rating as the Company&rsquo;s current insurance carrier with respect to D&amp;O Insurance with terms, conditions, retentions
and limits of liability that are no less favorable than the coverage provided under the Company&rsquo;s existing policies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Indemnitees to whom this <U>Section&nbsp;6.7</U> applies shall be third party beneficiaries of this <U>Section&nbsp;6.7</U>. The
provisions of this <U>Section&nbsp;6.7</U> are intended to be for the benefit of each Indemnitee and his or her successors, heirs
or Representatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
rights of each Indemnitee under this <U>Section&nbsp;6.7</U> shall be in addition to any rights such person may have under the
certificate of incorporation or bylaws of the Company, the Surviving Corporation or any of its Subsidiaries, or under any applicable
Law or under any agreement of any Indemnitee with the Company or any of its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything contained in <U>Section&nbsp;9.1</U> or <U>Section&nbsp;9.7</U> to the contrary, this <U>Section&nbsp;6.7</U> shall survive
the consummation of the Merger indefinitely and shall be binding, jointly and severally, on all successors and assigns of Parent,
the Surviving Corporation and its Subsidiaries, and shall be enforceable by the Indemnitees and their successors, heirs or representatives.
In the event that Parent or the Surviving Corporation or any of its successors or assigns consolidates with or merges into any
other person and shall not be the continuing or surviving corporation or entity of such consolidation or merger or transfers or
conveys all or a majority of its properties and assets to any person, then, and in each such case, proper provision shall be made
so that the successors and assigns of Parent or the Surviving Corporation, as applicable, shall succeed to the obligations set
forth in this <U>Section&nbsp;6.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notification
of Certain Matters</U>. The Company shall give prompt notice to Parent, and Parent shall give prompt notice to the Company, of
(a)&nbsp;any notice or other communication received by such party from any Governmental Authority in connection with the this
Agreement, the Merger or the transactions contemplated hereby, or from any person alleging that the consent of such person is
or may be required in connection with the Merger or the transactions contemplated hereby, if the subject matter of such communication
or the failure of such party to obtain such consent is reasonably likely to result in a Company Material Adverse Effect, (b)&nbsp;any
actions, suits, written claims, investigations or proceedings commenced or, to such party&rsquo;s knowledge, threatened against,
relating to or involving or otherwise affecting such party or any of its Subsidiaries which relate to this Agreement, the Merger
or the transactions contemplated hereby and (c)&nbsp;or the discovery by a party to this Agreement of any fact, circumstance or
event, the occurrence or non-occurrence of which, would reasonably be expected to cause any of the conditions of the obligations
of such party to consummate the Merger as set forth in <U>Article&nbsp;VII </U>not to be satisfied or the satisfaction of which
to be materially delayed in material breach of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Public
Announcements</U>. The Company, Parent and Merger Sub shall consult with each other before issuing any press release or otherwise
making any public statements with respect to this Agreement or the transactions contemplated hereby, and none of the parties shall
issue any such press release or make any public statement prior to obtaining the other parties&rsquo; written consent (which consent
shall not be unreasonably withheld or delayed), except that no such consent shall be necessary to the extent disclosure may be
required by Law, Order or applicable stock exchange rule or any listing agreement of any party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Employee
Matters</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall provide or shall cause the Surviving Corporation to provide to employees of the Company and any of its Subsidiaries (the
 &ldquo;<B>Company Employees</B>&rdquo;) compensation (base salary and bonus opportunity) that is, in the aggregate, no less favorable
than the compensation provided by the Company immediately prior to Closing and benefits that are, in the aggregate, no less favorable
than the benefits Parent to its similarly situated employees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of eligibility, vesting, benefit accrual and determination of level of benefits under the compensation and benefit plans,
programs, agreements and arrangements of Parent, the Company, the Surviving Corporation or any respective subsidiary and affiliate
thereof providing benefits to any Company Employees after the Closing (the &ldquo;<B>New Plans</B>&rdquo;), including for purposes
of accrual of vacation and other paid time off and severance benefits under New Plans, each Company Employee shall be credited
with his or her years of service with the Company, the Company Subsidiaries and their respective affiliates (and any additional
service with any predecessor employer) before the Closing, to the same extent as such Company Employee was entitled, before the
Closing, to credit for such service under any similar Company Benefit Plan. Parent shall continue to maintain Company Benefit Plans
providing medical, dental, pharmaceutical and/or vision benefits until the end of the applicable plan year in which the Closing
occurs. In addition, and without limiting the generality of the foregoing, Parent shall, to the extent permitted by applicable
Law, take all reasonable steps to (x) waive all limitations as to pre-existing conditions exclusions, evidence of insurability
requirements, waiting periods and actively-at-work or similar requirements with respect to participation and coverage requirements
applicable to the Company Employees under any medical, dental, pharmaceutical, vision and/or disability benefit plans that such
employees may be eligible to participate in after the Closing Date; and (y) provide Company Employees and their eligible dependents
with credit for any co-payments, deductibles, out-of-pocket requirements and offsets (or similar payments) made under the Company
Benefit Plans for the plan year in which the Closing occurs under the New Plans for the purposes of satisfying any applicable deductible,
out-of-pocket, or similar requirements thereunder as if such amounts had been paid in accordance with such New Plans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
vacation or paid time off accrued but unused by a Company Employee as of immediately prior to the Closing Date shall be credited
to such Company Employee following the Closing Date (&ldquo;<B>Carry Over Vacation</B>&rdquo;). All future vacation accruals shall
be subject to the terms of Parent&rsquo;s vacation policies, taking into account the balance of any Carry Over Vacation; <U>provided</U>
that no Carry Over Vacation shall be subject to forfeiture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
the date hereof until the Closing Date, Parent shall have reasonable access, during normal business hours, to all of the Company&rsquo;s
employees in order to discuss possible employment with the Surviving Corporation or Parent (or any of Parent&rsquo;s Subsidiaries)
after the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Merger
Sub</U>. Parent will take all actions necessary to (a)&nbsp;cause Merger Sub to perform its obligations under this Agreement and
to consummate the Merger on the terms and conditions set forth in this Agreement, (b)&nbsp;cause the Surviving Corporation to
perform its obligations under this Agreement and (c)&nbsp;ensure that, prior to the Effective Time, Merger Sub shall not conduct
any business or make any investments other than as specifically contemplated by this Agreement, or incur or guarantee any indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Control of the Company&rsquo;s Business</U>. Nothing contained in this Agreement is intended to give Parent, directly or indirectly,
the right to control or direct the Company&rsquo;s or its Subsidiaries&rsquo; operations prior to the Effective Time. Prior to
the Effective Time, the Company shall exercise, consistent with the terms and conditions of this Agreement, complete control and
supervision over its and its Subsidiaries&rsquo; operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Rule
16b-3 Matters</U>. Prior to the Effective Time, the Company may take such further actions, if any, as may be necessary or appropriate
to ensure that the dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions
contemplated by this Agreement by any officer or director of the Company who is subject to Section&nbsp;16 of the Exchange Act
are exempt under Rule 16b-3 promulgated under the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>CVR
Agreement</U>. At or immediately prior to the Effective Time, the Company shall execute and deliver, and the Company shall ensure
that a duly qualified agent (the &ldquo;<B>CVR Agent</B>&rdquo;) executes and delivers, a Contingent Value Rights Agreement in
substantially the form attached hereto as <U>Exhibit A</U> (the &ldquo;<B>CVR Agreement</B>&rdquo;), subject to any reasonable
revisions to the CVR Agreement that are requested by the CVR Agent and approved by Parent (which approval shall not be unreasonably
withheld, conditioned or delayed). Parent and the Company shall cooperate, including by making changes to the form of CVR Agreement
attached hereto as <U>Exhibit A</U>, as necessary to ensure that the CVRs are not subject to registration under the Securities
Act, the Exchange Act or any applicable state securities or Blue Sky Laws. Notwithstanding any other provision of this Agreement,
prior to the Closing Date, the Company shall use reasonable best efforts to arrange, and the Company shall be entitled to take
all actions necessary to arrange, the assignment of the Company&rsquo;s right to receive the Escrows to the CVR Agent concurrently
with the execution and delivery of the CVR Agreement. If the Company receives any Escrow Payment (as defined in the CVR Agreement)
prior to the Closing Date that is not included in the Recapitalization or the Pre-Merger Special Distribution, as the case may
be, the Company shall (a)&nbsp;deposit such Escrow Payment into a separate account, (b)&nbsp;not encumber such Escrow Payment
or otherwise subject such Escrow Payment to any Lien and (c)&nbsp;at the Closing, deposit such Escrow Payment into the CVR Escrow
Account (as defined in the CVR Agreement). Notwithstanding the foregoing or any other provision of this Agreement, the Company&rsquo;s
board of directors shall have the right to elect that, if so determined, CVRs shall not be included in the Merger Consideration
pursuant to this Agreement and shall instead be distributed as a part of the Recapitalization or the Pre-Merger Special Distribution,
as the case may be. Prior to the Closing, Parent and the Company will agree in good faith in a side written letter agreement on
mutually acceptable principles to (a) allow Parent to recover from the Escrows prior to their distribution to holders of CVRs
the reasonable and documented cost of any counsel and other reasonable and documented costs of defending any dispute, claim or
litigation relating to, arising out of or in connection with the CVR Agreement from the Escrows prior to their distribution to
holders of CVRs (an &ldquo;<B>Escrow Claim</B>&rdquo;) and (b) allow a representative of the holders of CVRs to dispute any Escrow
Claim through a mutually agreed arbitration process (it being agreed that the costs of such arbitration and costs of any counsel
engaged by such representative would be recoverable by such representative from the Escrows ahead of any amount recoverable by
Parent from the Escrows). The maximum amount recoverable by Parent for Escrow Claims shall not exceed the amount of the Escrows
not distributed to holders of CVRs at the time of submission of Parent&rsquo;s claim.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Resignation
of Directors</U>. The Company shall use reasonable best efforts to obtain and deliver to Parent prior to and in connection with
the Closing (to be effective as of the Effective Time) the resignation of each director of the Company and each of its Subsidiaries
(in each case, in their capacities as directors and not employees).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Recapitalization;
Pre-Merger Special Distribution; Tax Characterization</U>. Prior to the Closing, subject to applicable Laws, the board of directors
of the Company either (a) shall declare, and the Company shall pay, the Pre-Merger Special Distribution to holders of record of
issued and outstanding shares of Company Common Stock immediately prior to the Effective Time, or (b) shall, subject to obtaining
the Requisite Stockholder Approval, instruct the Company to effect the Recapitalization by filing a certificate of amendment of
the Restated Certificate of Incorporation of the Company in substantially the form attached hereto as Exhibit B (the &ldquo;<B>Recapitalization
Certificate</B>&rdquo;); <U>provided</U> that payment of the Pre-Merger Special Distribution or the effectuation of the Recapitalization,
as the case may be, shall be contingent on the effectiveness of the Merger and Parent, Merger Sub and the Company acknowledge
and agree that the Recapitalization is both a condition to, and part of a plan that includes, the consummation of the Merger.
Accordingly, Parent, Merger Sub and the Company shall treat, and shall cause their affiliates to treat, such Recapitalization
and the conversion of Company Common Stock described in <U>Section&nbsp;3.1(b)</U> as a single integrated transaction for U.S.
federal income Tax purposes governed by <I><U>Zenz&nbsp;v.&nbsp;Quinlivan</U></I>, 213 F.2d 914 (6th Cir. 1954) and Revenue Ruling
54-458, 1954-2 C.B. 167, and shall file all Tax Returns and reports consistent with such treatment, shall not treat any portion
of the Recapitalization as a dividend for U.S. federal income Tax purposes, and shall take no position inconsistent therewith
in any such Tax Return or report or in any proceeding in respect of Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>RWI
Policy</U>. Parent may obtain after the date hereof (and not as a condition to Closing), and with the commercially reasonable
assistance of the Company, at Parent&rsquo;s sole cost and expense, a buyer-side representation and warranty insurance policy
from an insurance provider (the &ldquo;<B>RWI Policy</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;6.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Tax
Reporting</U>. The parties hereto agree that the Surviving Corporation shall join the consolidated income Tax Return group of
which Parent is the common parent corporation for U.S. federal income tax purposes (and for purposes of any similar state, local
or foreign Tax Law) at the end of the Closing Date pursuant to Treasury Regulation Section 1.1502-76(b)(1)(ii)(A), and as a result,
the Company will have a short Tax year ending on (and including) the Closing Date and will be included in Parent&rsquo;s consolidated
U.S. federal (and similar state, local or foreign) income Tax Returns starting the day after the Closing Date. The parties hereto
acknowledge and agree that any income Tax deduction arising from the bonuses, option cashouts, restricted stock units, or other
compensation and transaction expenses payments made by the Company in connection with the Merger prior to or on the Closing Date
or which constitute Excluded Liabilities shall be allocable to the Tax period ending on or prior to the Closing Date. In addition,
the Company&rsquo;s Tax year for U.S. federal and state income Tax purposes was changed to end on March 31 each year, starting
with its Tax year ending March 31, 2019, and further the Company made a cash distribution on the Company Common Stock on April
22, 2019 that was intended to be treated as a distribution in partial liquidation of the Company pursuant to Section&nbsp;302(e)
of the Code. In preparing its Tax Returns, the Company shall elect out of the installment method of reporting gain with respect
to the Escrows in accordance with Section 453(d) of the Code and applicable Treasury Regulations and report the entire amount
of the gain in the year of the applicable sales, using the maximum amount payable on the Escrows in reporting the amount of the
resulting gain (excluding the amount treated as imputed interest to the Company). Furthermore, in the event that the right to
receive payments from the Escrows due to the CVRs are distributed as a part of the Recapitalization or the Pre-Merger Special
Distribution, as the case may be, the amount of the distribution attributable to the Escrows for income tax purposes shall be
equal to the maximum amount payable on the Escrows as of the time of distribution (excluding the amount treated as imputed interest
to the recipients). Each of Parent, the Company and the Surviving Corporation shall file all Tax Returns, and conduct all Tax
investigations, audits, claims, procedures or proceedings consistently with this <U>Section 6.18</U> unless otherwise required
pursuant to a final determination within the meaning of Section 1313 of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VII</B></FONT><BR>
<FONT STYLE="text-transform: uppercase"><B><U>CONDITIONS TO THE MERGER</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to the Obligations of Each Party</U>. The respective obligations of each party to consummate the Merger are subject to the satisfaction
or (to the extent permitted by Law) waiver by the Company and Parent at or prior to the Effective Time of the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Requisite Stockholder Approval approving the Merger and the Recapitalization (if submitted to holders of Company Common Stock for
approval) shall have been obtained; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
Governmental Authority shall have enacted, issued, promulgated, enforced or entered any Law or Order which is then in effect and
has the effect of enjoining, limiting, restricting, restraining, or otherwise prohibiting the consummation of the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Pre-Merger Special Distribution shall have occurred or the Recapitalization shall have been effectuated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to the Obligations of Parent and Merger Sub</U>. The respective obligations of Parent and Merger Sub to consummate the Merger
are subject to the satisfaction or (to the extent permitted by Law) waiver by Parent at or prior to the Effective Time of the
following further conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
of the representations and warranties of the Company contained in this Agreement, without giving effect to any materiality or &ldquo;<B>Company
Material Adverse Effect</B>&rdquo; qualifications therein, shall be true and correct as of the date hereof and as of the Closing
Date as though made on or as of such date, except for (i)&nbsp;any such representation and warranty expressly speaking as of an
earlier date, in which case such representation and warranty shall be true and correct as of such earlier date, and (ii)&nbsp;such
failures of such representations and warranties to be true and correct (as of any date) has not had and would not reasonably be
expected to have, individually or in the aggregate, a Company Material Adverse Effect as of the Effective Time with the same effect
as though made as of the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Company shall have performed or complied in all material respects with all agreements and covenants required by this Agreement
to be performed or complied with by it on or prior to the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Company shall have delivered to Parent a certificate, dated the Effective Time and signed by its chief executive officer or another
senior officer on behalf of the Company, certifying to such officer&rsquo;s knowledge on behalf of the Company to the effect that
the conditions set forth in <U>Section&nbsp;7.2(a)</U> and <U>Section&nbsp;7.2(b)</U> have been satisfied; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;since
the date hereof, there shall not have been any effect, change, event or occurrence that has had or would reasonably be expected
to have, individually or in the aggregate, a Company Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to the Obligations of the Company</U>. The obligations of the Company to consummate the Merger are subject to the satisfaction
or (to the extent permitted by Law) waiver by the Company at or prior to the Effective Time of the following further conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
of the representations and warranties of Parent and Merger Sub contained in this Agreement (without giving effect to any materiality
or &ldquo;<B>Parent Material Adverse Effect</B>&rdquo; qualifications) shall be true and correct as of the date hereof and as of
the Closing Date as though made on or as of such date, except for (i)&nbsp;any such representation and warranty expressly speaking
as of an earlier date, in which case such representation and warranty shall be true and correct as of such earlier date, and (ii)&nbsp;such
failures of such representations and warranties to be true and correct (as of any date) has not had and would not reasonably be
expected to have, individually or in the aggregate, a Parent Material Adverse Effect as of the Effective Time with the same effect
as though made on and as of the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
and Merger Sub shall have performed or complied in all material respects with all agreements and covenants required by this Agreement
to be performed or complied with by them on or prior to the Effective Time; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall have delivered to the Company a certificate, dated the Effective Time and signed by its chief executive officer or another
senior officer on behalf of Parent, certifying to such officer&rsquo;s knowledge on behalf of Parent to the effect that the conditions
set forth in <U>Section&nbsp;7.3(a)</U> and <U>Section&nbsp;7.3(b)</U> have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;7.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Frustration
of Conditions</U>. None of the Company, Parent or Merger Sub may rely on the failure of any condition set forth in this <U>Article&nbsp;VII
</U>to be satisfied if such failure was caused by such party&rsquo;s failure to comply with or perform any of its covenants or
obligations set forth in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VIII</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B><U>TERMINATION, AMENDMENT AND WAIVER</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Termination</U>.
Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated at any time prior to the
Effective Time, whether before or after the Requisite Stockholder Approval is obtained (except as otherwise expressly noted),
as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by
mutual written consent of each of Parent and the Company duly authorized by each of their respective boards of directors (as well
as the Committee in the case of the Company); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by
either Parent or the Company, if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Effective Time shall not have occurred on or before October&nbsp;31, 2019 (the &ldquo;<B>Termination Date</B>&rdquo;); <U>provided</U>,
<U>however</U>, that the right to terminate this Agreement pursuant to this <U>Section&nbsp;8.1(b)(i)</U> shall not be available
to any party if the failure of such party (including, in the case of Parent, the failure of Merger Sub) to perform any of its obligations
under this Agreement, the failure to act in good faith or the failure to use its reasonable best efforts to consummate the Merger
and the other transactions contemplated by this Agreement has been a principal cause of or resulted in the failure of the Merger
to be consummated on or before such date; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)&nbsp;a
Law shall have been enacted, entered or promulgated prohibiting the consummation of the Merger on the terms contemplated hereby
or (B)&nbsp;any Governmental Authority of competent jurisdiction shall have issued an Order or taken any other action permanently
restraining, enjoining or otherwise prohibiting the transactions contemplated by this Agreement, and such Order or other action
shall have become final and non-appealable; <U>provided</U>, <U>however</U>, that the party seeking to terminate this Agreement
pursuant to this <U>Section&nbsp;8.1(b)(ii)(B)</U> shall have used its reasonable best efforts to remove such Order or other action;
and <U>provided</U>, <U>further</U>, that the right to terminate this Agreement under this <U>Section&nbsp;8.1(b)(ii)(B)</U> shall
not be available to a party if the issuance of such final, non-appealable Order was primarily due to the failure of such party,
and in the case of Parent, including the failure of Merger Sub, to perform any of its obligations under this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
the Requisite Stockholder Approval shall not have been obtained by the Company at the Stockholders&rsquo; Meeting duly convened
therefor or at any adjournment or postponement thereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by
the Company if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
or Merger Sub shall have breached or failed to perform in any material respect any of its representations, warranties, covenants
or other agreements set forth in this Agreement, which breach or failure to perform (x)&nbsp;would result in a failure of a condition
set forth in <U>Section&nbsp;7.3(a)</U> or <U>Section&nbsp;7.3(b)</U> and (y)&nbsp;cannot be cured on or before the Termination
Date or, if curable, is not cured by Parent within thirty (30)&nbsp;days of receipt by Parent of written notice of such breach
or failure; <U>provided</U>, <U>however</U>, that the Company shall not have the right to terminate this Agreement pursuant to
this <U>Section&nbsp;8.1(c)(i)</U> if: the Company is then in material breach of any of its representations, warranties, covenants
or agreements set forth in this Agreement, which breach would result in a failure of a condition set forth in <U>Section&nbsp;7.1(a),
Section&nbsp;7.1(a)</U>, or <B><U>Error! Reference source not found.</U></B>; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to receipt of the Requisite Stockholder Approval (x)&nbsp;the board of directors of the Company has determined to enter into a
definitive agreement with respect to a Superior Proposal to the extent permitted by, and subject to the terms and conditions of,
<U>Section&nbsp;6.6(c)</U> and <U>Section&nbsp;6.6(d)</U>, and (y)&nbsp;concurrently with such termination, the Company pays to
Parent the fee specified in <U>Section&nbsp;8.3(a)(ii)</U>); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
of the conditions set forth in <U>Section&nbsp;7.1</U> and <U>Section&nbsp;7.2</U> have been satisfied (other than those conditions
that by their nature are to be satisfied by actions taken at the Closing), and Parent and Merger Sub fail to consummate the Merger
within two (2)&nbsp;Business Days following the date the Closing should have occurred; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by
Parent if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Company shall have breached or failed to perform in any material respect any of its representations, warranties, covenants or other
agreements set forth in this Agreement, which breach or failure to perform (x)&nbsp;would result in a failure of any condition
set forth in <U>Section&nbsp;7.2(a)</U>, <U>Section&nbsp;7.2(b)</U> or <U>Section&nbsp;7.2(c)</U>, and (y)&nbsp;cannot be cured
on or before the Termination Date (giving effect to the possible extension thereof pursuant to <U>Section&nbsp;8.1(b)(i)</U>) or,
if curable, is not cured by the Company within thirty (30)&nbsp;days of receipt by the Company of written notice of such breach
or failure; <U>provided</U>, <U>however</U>, that Parent shall not have the right to terminate this Agreement pursuant to this
<U>Section&nbsp;8.1(d)(i)</U> if: Parent or Merger Sub is then in material breach of any of its representations, warranties, covenants
or agreements set forth in this Agreement, which breach would result in a failure of a condition set forth in <U>Section&nbsp;7.3(a)</U>
or <U>Section&nbsp;7.3(b)</U>; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x)&nbsp;the
board of directors of the Company shall have made an Adverse Recommendation Change; (y)&nbsp;the Company enters into an Alternative
Acquisition Agreement; or (z)&nbsp;the board of directors of the Company fails to include the Company Recommendation in the Proxy
Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effect
of Termination</U>. In the event that this Agreement is terminated and the Merger abandoned pursuant to <U>Section&nbsp;8.1</U>,
written notice thereof shall be given to the other party or parties, specifying the provisions hereof pursuant to which such termination
is made and the basis therefor described in reasonable detail, and this Agreement shall forthwith become null and void and of
no effect without liability on the part of any party hereto (or any of its Representatives), and all rights and obligations of
any party hereto shall cease; <U>provided</U>, <U>however</U>, that, except as otherwise provided in <U>Section&nbsp;8.3</U> or
in any other provision of this Agreement, no such termination shall relieve any party hereto of any liability or damages resulting
from any breach of this Agreement prior to such termination, in which case the aggrieved party shall be entitled to all remedies
available at Law or in equity; and <U>provided further</U>, that the Confidentiality Agreement, and the provisions of <U>Section&nbsp;6.5(b)</U>,
<U>Section&nbsp;6.9</U>, this <U>Section&nbsp;8.2</U>, <U>Section&nbsp;8.3</U>, <U>Section&nbsp;8.6</U>, <U>Article&nbsp;IX</U>
and <U>Appendix&nbsp;A</U> shall survive any termination of this Agreement pursuant to <U>Section&nbsp;8.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Termination
Fees</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If,
but only if, the Agreement is terminated by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x)&nbsp;either
Parent or the Company pursuant to <U>Section&nbsp;8.1(b)(i)</U> or <U>Section&nbsp;8.1(b)(iii)</U>, or by Parent pursuant to <U>Section&nbsp;8.1(d)(i)</U>,
<U>Section&nbsp;8.1(d)(ii)(x)</U> or <U>Section&nbsp;8.1(d)(ii)(z)</U> and (y)&nbsp;the Company (A)&nbsp;receives or has received
a Competing Proposal from a Third Party after the date hereof, which Competing Proposal becomes publicly known, and (B)&nbsp;within
twelve (12)&nbsp;months of the termination of this Agreement, enters into, agrees to or consummates a transaction regarding such
Competing Proposal or any Competing Proposal, then the Company shall pay, or cause to be paid, to Parent an amount equal to Three
Hundred Thirty Dollars ($330,000) (the &ldquo;<B>Termination Fee</B>&rdquo;), not later than the third (3<FONT STYLE="font-size: 10pt">rd</FONT>)&nbsp;Business
Day following the execution of the agreement relating to such transaction arising from such Competing Proposal (<U>provided</U>,
<U>however</U>, that for purposes of this Section&nbsp;8.1(c)(ii), the references to &ldquo;twenty-five percent (25%)&rdquo; in
the definition of Competing Proposal shall be deemed to be references to &ldquo;fifty percent (50%)&rdquo;); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Company pursuant to <U>Section&nbsp;8.1(c)(ii)</U> or Parent pursuant to <U>Section&nbsp;8.1(d)(ii)(y)</U>, then the Company shall
pay, or cause to be paid, to Parent the Termination Fee;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary set forth in this Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
parties agree that in no event shall the Company be required to pay the Termination Fee on more than one occasion; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
parties agree that the Termination Fee shall be reduced by any amounts as may be required to be deducted or withheld therefrom
under applicable Tax Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary set forth in this Agreement, but subject to <U>Section&nbsp;9.9</U>, Parent&rsquo;s right to receive payment
from the Company of the Termination Fee pursuant to <U>Section&nbsp;8.3(a)</U> shall constitute the sole and exclusive remedy of
Parent and Merger Sub against the Company and its Subsidiaries and any of their respective former, current or future general or
limited partners, stockholders, members, managers, directors, officers, employees, agents, affiliates or assignees (collectively,
the &ldquo;<B>Company Related Parties</B>&rdquo;) for all losses and damages suffered as a result of the failure of the transactions
contemplated by this Agreement to be consummated or for a breach or failure to perform hereunder or otherwise, and upon payment
of such amount, none of the Company Related Parties shall have any further liability or obligation relating to or arising out of
this Agreement or the transactions contemplated thereby (except that the Company shall also be obligated with respect to <U>Section&nbsp;8.3(d))</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the parties hereto acknowledges that (i)&nbsp;the agreements contained in this <U>Section&nbsp;8.3</U> are an integral part
of the transactions contemplated by this Agreement, (ii)&nbsp;the Termination Fee is not a penalty, but is liquidated damages,
in a reasonable amount that will compensate Parent in the circumstances in which such fee is payable for the efforts and resources
expended and opportunities foregone while negotiating this Agreement and in reliance on this Agreement and on the expectation of
the consummation of the transactions contemplated hereby, which amount would otherwise be impossible to calculate with precision,
and (iii)&nbsp;without these agreements, the parties would not enter into this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;8.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendment</U>.
This Agreement may be amended by mutual agreement of the parties hereto by action taken by or on behalf of their respective boards
of directors at any time whether before or after receipt of the Requisite Stockholder Approval; <U>provided</U>, <U>however</U>,
that after the Requisite Stockholder Approval has been obtained, there shall not be any amendment that by Law or in accordance
with the rules of any stock exchange requires further approval by the stockholders of the Company without such further approval
of such stockholders nor any amendment or change not permitted under applicable Law. This Agreement may not be amended except
by an instrument in writing signed by each of the parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;8.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver</U>.
At any time prior to the Effective Time, subject to applicable Law, any party hereto may (a)&nbsp;extend the time for the performance
of any obligation or other act of any other party hereto, (b)&nbsp;waive any inaccuracy in the representations and warranties
of the other party contained herein or in any document delivered pursuant hereto, and (c)&nbsp;subject to the proviso of <U>Section&nbsp;8.4</U>,
waive compliance with any agreement or condition contained herein. Any such extension or waiver shall only be valid if set forth
in an instrument in writing signed by the party or parties to be bound thereby. Notwithstanding the foregoing, no failure or delay
by the Company, Parent or Merger Sub in exercising any right hereunder shall operate as a waiver thereof nor shall any single
or partial exercise thereof preclude any other or further exercise of any other right hereunder. Any agreement on the part of
a party hereto to any such extension or waiver shall be valid only if set forth in an instrument in writing signed on behalf of
such party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;8.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Expenses;
Transfer Taxes</U>. All Expenses incurred in connection with this Agreement and the transactions contemplated by this Agreement
shall be paid by the party incurring such expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;IX</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B><U>GENERAL PROVISIONS</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Non-Survival
of Representations, Warranties and Agreements</U>. The representations, warranties, covenants and agreements in this Agreement
and any certificate delivered pursuant hereto by any party hereto shall terminate at the Effective Time or, except as provided
in <U>Section&nbsp;8.2</U>, upon the termination of this Agreement pursuant to <U>Section&nbsp;8.1</U>, as the case may be, except
that this <U>Section&nbsp;9.1</U> shall not limit any covenant or agreement of the parties which by its terms contemplates performance
after the Effective Time or after termination of this Agreement, including those contained in <U>Section&nbsp;6.7 </U>and <U>Section&nbsp;6.14</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.
All notices and other communications among the parties shall be in writing and shall be deemed to have been duly given (i)&nbsp;when
delivered in person, (ii)&nbsp;when delivered after posting in the United States mail having been sent registered or certified
mail return receipt requested, postage prepaid, (iii)&nbsp;when delivered by FedEx, UPS or other nationally recognized overnight
delivery service, or (iv)&nbsp;when delivered by email (in each case in this clause&nbsp;(iv), solely if receipt is confirmed),
addressed as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">if to Parent or Merger Sub:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">TheMaven, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">1500 Fourth Avenue, Suite 200</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Seattle, Washington 98101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Attention: James C. Heckman</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">E-mail: jch@maven.io</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">with a copy (which shall not constitute notice) to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Golenbock Eiseman Assor Bell &amp; Peskoe LLP&#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">711 Third Avenue, 17th Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">New York, New York 10017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Attention: Andrew D. Hudders</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">E-mail: ahudders@golenbock.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">if to the Company:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">TheStreet, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">14 Wall Street, 15th Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">New York, New York 10005</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Attention: Eric Lundberg</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">E-mail: ericlundberg@thestreet.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">with a copy (which shall not constitute
notice) to each of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Orrick, Herrington &amp; Sutcliffe LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">The Orrick Building<BR>
405 Howard Street<BR>
San Francisco, CA 94105<BR>
Attention: Karen Dempsey; Richard Vernon Smith<BR>
E-mail: kdempsey@orrick.com<B>; </B>rsmith@orrick.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Interpretation;
Certain Definitions</U>. The parties have participated jointly in the negotiation and drafting of this Agreement. Consequently,
in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly
by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship
of any provision of this Agreement. When a reference is made in this Agreement to an Article, Section, subsection, Appendix, Annex
or Exhibit, such reference shall be to an Article, Section or subsection of, or an Appendix, Annex or Exhibit to, this Agreement,
unless otherwise indicated. The table of contents and headings for this Agreement are for reference purposes only and shall not
affect in any way the meaning or interpretation of this Agreement. Whenever the words &ldquo;include,&rdquo; &ldquo;includes&rdquo;
or &ldquo;including&rdquo; are used in this Agreement, they shall be deemed to be followed by the words &ldquo;without limitation.&rdquo;
The words &ldquo;hereof,&rdquo; &ldquo;herein&rdquo; and &ldquo;hereunder&rdquo; and words of similar import when used in this
Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. All terms defined in
this Agreement shall have the defined meanings when used in any certificate or other document made or delivered pursuant hereto
unless otherwise defined therein. The definitions contained in this Agreement are applicable to the singular as well as the plural
forms of such terms and to the masculine as well as to the feminine and neuter genders of such term. Any Law defined or referred
to herein or in any agreement or instrument that is referred to herein means such Law as from time to time amended, modified or
supplemented, including (in the case of statutes) by succession of comparable successor Laws. References to a person are also
to its successors and permitted assigns. All references to &ldquo;dollars&rdquo; or &ldquo;$&rdquo; refer to currency of the United
States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Severability</U>.
If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced under any present or future
Law, or public policy, (a)&nbsp;such term or other provision shall be fully separable, (b)&nbsp;this Agreement shall be construed
and enforced as if such invalid, illegal or unenforceable provision had never comprised a part hereof, (c)&nbsp;all other conditions
and provisions of this Agreement shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable
term or other provision or by its severance herefrom so long as the economic or legal substance of the Merger is not affected
in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal or
incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original
intent of the parties as closely as possible in a mutually acceptable manner in order that the Merger be consummated as originally
contemplated to the fullest extent possible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignment</U>.
Neither this Agreement nor any rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether
by operation of Law or otherwise) without the prior written consent of the other parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entire
Agreement</U>. This Agreement (including the exhibits, annexes and appendices hereto) constitutes, together with the CVR Agreement,
Confidentiality Agreement, the Company Disclosure Schedule and the Parent Disclosure Schedule, the entire agreement, and supersedes
all other prior agreements and understandings, both written and oral, among the parties, or any of them, with respect to the subject
matter hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Third-Party Beneficiaries</U>. This Agreement is not intended to and shall not confer any rights or remedies upon any person other
than the parties hereto and their respective successors and permitted assigns, except for (a)&nbsp;the rights of the Company&rsquo;s
stockholders to receive the Merger Consideration at the Effective Time, (b)&nbsp;the right of the Company, on behalf of its stockholders
to collect the Aggregate Cash Merger Consideration (or any portion thereof) and/or pursue damages (which shall include, to the
extent proven, the total amount that could have been claimed by the Company&rsquo;s stockholders if such stockholders brought
an action against Parent and Merger Sub and were recognized as intended third-party beneficiaries hereunder) in the event of Parent&rsquo;s
or Merger Sub&rsquo;s breach of this Agreement or fraud, which right is hereby acknowledged and agreed by Parent and Merger Sub,
(c) the provisions of <U>Section&nbsp;6.7</U>, and (d)&nbsp;the provisions of <U>Section&nbsp;6.14</U>, <B><U>Error! Reference
source not found.</U></B> and <U>Section 6.18</U>. The representations and warranties in this Agreement are the product of negotiations
among the parties hereto and are for the sole benefit of the parties hereto. Any inaccuracies in such representations and warranties
are subject to waiver by the parties hereto in accordance with <U>Section&nbsp;8.5</U> without notice or liability to any other
person. The representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated
with particular matters regardless of the knowledge of any of the parties hereto. Accordingly, persons other than the parties
hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances
as of the date of this Agreement or as of any other date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governing
Law; Consent to Jurisdiction</U>. This Agreement and all actions, proceedings or counterclaims (whether based on Contract, tort
or otherwise) arising out of or relating to this Agreement or the actions of Parent, Merger Sub or the Company in the negotiation,
administration, performance and enforcement thereof, shall be governed by, and construed in accordance with the laws of the State
of Delaware, without giving effect to any choice or conflict of laws provision or rule (whether of the State of Delaware or any
other jurisdiction) that would cause the application of the Laws of any jurisdiction other than the State of Delaware. Each of
the parties (i)&nbsp;irrevocably consents to the service of the summons and complaint and any other process (whether inside or
outside the territorial jurisdiction of the Chosen Courts) in any action, proceeding or counterclaim relating to the Merger, for
and on behalf of itself or any of its properties or assets, in accordance with <U>Section&nbsp;9.2 </U>or in such other manner
as may be permitted by applicable Law, and nothing in this <U>Section&nbsp;9.8</U> will affect the right of any party to serve
legal process in any other manner permitted by applicable Law; (ii)&nbsp;irrevocably and unconditionally consents and submits
itself and its properties and assets in any action, proceeding or counterclaim to the exclusive general jurisdiction of the Court
of Chancery of the State of Delaware and any state appellate court therefrom within the State of Delaware (or, if the Court of
Chancery of the State of Delaware declines to accept jurisdiction over a particular matter, any federal court within the State
of Delaware) (the &ldquo;<B>Chosen Courts</B>&rdquo;) in the event that any dispute or controversy arises out of this Agreement
or the transactions contemplated hereby, including the Merger; (iii)&nbsp;agrees that it will not attempt to deny or defeat such
personal jurisdiction by motion or other request for leave from any such court; (iv)&nbsp;agrees that any action, proceeding or
counterclaim arising in connection with this Agreement or the transactions contemplated hereby, including the Merger, will be
brought, tried and determined only in the Chosen Courts; (v)&nbsp;waives any objection that it may now or hereafter have to the
venue of any such action, proceeding or counterclaim in the Chosen Courts or that such action, proceeding or counterclaim was
brought in an inconvenient court and agrees not to plead or claim the same; and (vi)&nbsp;agrees that it will not bring any action,
proceeding or counterclaim relating to this Agreement or the transactions contemplated hereby, including the Merger, in any court
other than the Chosen Courts. Each of Parent, Merger Sub and the Company agrees that a final judgment in any action, proceeding
or counterclaim in the Chosen Courts will be conclusive and may be enforced in other jurisdictions by suit on the judgment or
in any other manner provided by applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Specific
Performance</U>. The parties agree that irreparable damage for which monetary damages, even if available, would not be an adequate
remedy, would occur in the event that the parties hereto do not perform the provisions of this Agreement (including failing to
take such actions as are required of it hereunder to consummate this Agreement) in accordance with its specified terms or otherwise
breach such provisions. Accordingly, the parties acknowledge and agree that the parties shall be entitled to an injunction, specific
performance and other equitable relief to prevent breaches of this Agreement and to enforce specifically the terms and provisions
hereof, in addition to any other remedy to which they are entitled at Law or in equity. Each of the parties agrees that it will
not oppose the granting of an injunction, specific performance and other equitable relief on the basis that any other party has
an adequate remedy at Law or that any award of specific performance is not an appropriate remedy for any reason at Law or in equity.
Any party seeking an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and
provisions of this Agreement shall not be required to provide any bond or other security in connection with any such order or
injunction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Counterparts</U>.
This Agreement may be executed in one or more counterparts, and by the different parties hereto in separate counterparts, each
of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement.
Delivery of an executed counterpart of a signature page to this Agreement by facsimile transmission or by e-mail of a .pdf attachment
shall be effective as delivery of a manually executed counterpart of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section&nbsp;9.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>WAIVER
OF JURY TRIAL</U>. EACH OF PARENT, MERGER SUB AND THE COMPANY HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION,
PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE
ACTIONS OF PARENT, MERGER SUB OR THE COMPANY IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE AND ENFORCEMENT THEREOF.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[<I>Remainder of page intentionally left
blank; signature page follows.</I>]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, Parent, Merger Sub and
the Company have caused this Agreement to be executed as of the date first written above by their respective officers thereunto
duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="text-transform: uppercase">Parent:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 40%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>THEMAVEN, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="text-transform: uppercase">merger sub:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="text-transform: uppercase"><B>TST Acquisition Co., Inc.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>CEO</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.5pt; text-indent: -22.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">[Signature Page to Merger Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.5pt; text-indent: -22.5pt">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, Parent, Merger Sub and
the Company have caused this Agreement to be executed as of the date first written above by their respective officers thereunto
duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="text-transform: uppercase">Company:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 40%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>THESTREET, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Eric F. Lundberg</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>Eric F. Lundberg</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>CEO and CFO</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">[Signature Page to Merger Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal"><U>Appendix&nbsp;A</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As used in the Agreement, the following
terms shall have the following meanings:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>1998 Plan</B>&rdquo; shall mean
the Company&rsquo;s 1998 Stock Incentive Plan, as amended and restated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>2007 Plan</B>&rdquo; shall mean
the Company&rsquo;s 2007 Performance Incentive Plan, as amended and restated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Acceptable Confidentiality Agreement</B>&rdquo;
shall mean a customary confidentiality agreement containing terms no less favorable to the Company in the aggregate than the terms
set forth in the Confidentiality Agreement; <U>provided</U>, <U>however</U>, that such confidentiality agreement shall not prohibit
compliance by the Company with any of the provisions of <U>Section&nbsp;6.6</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Aggregate Cash Merger Consideration</B>&rdquo;
shall mean Sixteen Million Five Hundred Thousand Dollars ($16,500,000.00) in cash.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Blue Sky Laws</B>&rdquo; shall
mean state securities, takeover or &ldquo;blue sky&rdquo; laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Business Day</B>&rdquo; shall
mean any day other than a Saturday, Sunday or a day on which all banking institutions in New York, New York or Los Angeles, California
are authorized or obligated by Law or executive order to close.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Code</B>&rdquo; shall mean the
Internal Revenue Code of 1986, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Company Benefit Plan</B>&rdquo;
shall mean each material &ldquo;employee pension benefit plan&rdquo; (as defined in Section&nbsp;3(2) of ERISA), each material
 &ldquo;employee welfare benefit plan&rdquo; (as defined in Section&nbsp;3(1) of ERISA), and each other material plan, agreement,
arrangement or policy (written or oral) relating to stock options, stock purchases, deferred compensation, bonus, severance, retention,
fringe benefits or other employee benefits, in each case maintained or contributed to, or required to be maintained or contributed
to, by the Company or its ERISA Affiliates for the benefit of any current or former employee or director of the Company or any
of its subsidiaries, other than any plan, arrangement or policy mandated by applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Company Lease</B>&rdquo; shall
mean any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases,
subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement),
or has the right to use or occupy, now or in the future, any real property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Company Material Adverse Effect</B>&rdquo;
shall mean any change, event, violation, inaccuracy, effect or circumstance (each, an &ldquo;<B>Effect</B>&rdquo;) that, individually
or taken together with all other Effects that have occurred prior to the date of determination of the occurrence of the Company
Material Adverse Effect, (A)&nbsp;is or would reasonably be expected to be materially adverse to the business, financial condition
or results of operations of the Company; or (B)&nbsp;would reasonably be expected to prevent or materially impair the consummation
by the Company of the Merger prior to the Termination Date, and shall include the termination of the employment of either or both
of Eric Lundberg or Margaret De Luna prior to Closing by the Company; <U>provided</U>, <U>however</U>, that, with respect to clause&nbsp;(A)&nbsp;only,
none of the following (by itself or when aggregated) will be deemed to be or constitute a Company Material Adverse Effect or will
be taken into account when determining whether a Company Material Adverse Effect has occurred or may, would or could occur (subject
to the limitations set forth below): (i)&nbsp;changes in general economic conditions in the United States or any other country
or region in the world, or changes in conditions in the global economy generally; (ii)&nbsp;changes in conditions in the financial
markets, credit markets or capital markets in the United States or any other country or region in the world, including (1)&nbsp;changes
in interest rates or credit ratings in the United States or any other country; (2)&nbsp;changes in exchange rates for the currencies
of any country; or (3)&nbsp;any suspension of trading in securities (whether equity, debt, derivative or hybrid securities) generally
on any securities exchange or over-the-counter market operating in the United States or any other country or region in the world;
(iii)&nbsp;changes in conditions in the markets or industries in which the Company generally conducts business; (iv)&nbsp;changes
in regulatory, legislative or political conditions in the United States or any other country or region in the world; (v)&nbsp;any
geopolitical conditions, outbreak of hostilities, acts of war, sabotage, terrorism or military actions (including any escalation
or general worsening of any such hostilities, acts of war, sabotage, terrorism or military actions) in the United States or any
other country or region in the world; (vi)&nbsp;earthquakes, hurricanes, tsunamis, tornadoes, floods, mudslides, wild fires or
other natural disasters, weather conditions and other force majeure events in the United States or any other country or region
in the world; (vii)&nbsp;any Effect resulting from the announcement of this Agreement, the pendency of the Merger, the cessation
or termination of the employment of any of Eric Lundberg and/or Margaret De Luna due to death or Disability or termination of the
employment of James C. Cramer for any reason, including the impact of any of the foregoing on or loss of the relationships, contractual
or otherwise of the Company with employees (except to the extent that such loss is due to Company employee terminations or departures
the positions for which have not been filled or replaced through and as of the Closing and which exceed, in the aggregate since
the public announcement of this Agreement, thirty percent (30%) of the total number of individuals employed by the Company as of
the date hereof), suppliers, advertisers, sponsors, customers (including subscribers to digital subscription newsletters), partners,
vendors or any other third person; (viii)&nbsp;the compliance by any party with the terms of this Agreement, including any action
taken or refrained from being taken pursuant to or in accordance with this Agreement; (ix)&nbsp;any action taken or refrained from
being taken, in each case to which Parent has expressly approved, consented to or requested in writing following the date hereof;
(x)&nbsp;changes or proposed changes in GAAP or other accounting standards or in any applicable Laws (or the enforcement or interpretation
of any of the foregoing); (xi)&nbsp;changes in the price or trading volume of the Company Common Stock, in and of itself (it being
understood that any cause of such change may be deemed to constitute, in and of itself, a Company Material Adverse Effect and may
be taken into consideration when determining whether a Company Material Adverse Effect has occurred); (xii)&nbsp;any failure, in
and of itself, by the Company to meet (A)&nbsp;any public estimates or expectations of the Company&rsquo;s revenue, earnings or
other financial performance or results of operations for any period; or (B)&nbsp;any internal budgets, plans, projections or forecasts
of its revenues, earnings or other financial performance or results of operations (it being understood that any cause of any such
failure may be deemed to constitute, in and of itself, a Company Material Adverse Effect and may be taken into consideration when
determining whether a Company Material Adverse Effect has occurred); (xiii)&nbsp;the availability or cost of equity, debt or other
financing to Parent or Merger Sub; (xiv)&nbsp;any Transaction Litigation or other claim, action, suit, arbitration, proceeding
or investigation threatened, commenced, made or brought by any of the current or former stockholders of the Company (on their own
behalf or on behalf of the Company) against the Company, any of its directors, officers or employees arising out of or related
to the Merger or any other transaction contemplated by this Agreement; and (xv)&nbsp;any matters disclosed in the Company Disclosure
Letter; except, with respect to clauses (i), (ii), (iii), (iv), (v), (vi)&nbsp;and (x)&nbsp;to the extent that such Effect has
had a materially disproportionate adverse effect on the Company relative to other companies of a similar size operating in the
industries in which the Company conducts business, in which case only the incremental disproportionate adverse impact may be taken
into account in determining whether there has occurred a Company Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Company Option</B>&rdquo; shall
mean each outstanding option to purchase shares of Company Common Stock under any of the Company Plans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Company Plans</B>&rdquo; shall
mean the 1998 Plan and 2007 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Company Recommendation</B>&rdquo;
shall mean the recommendation of the board of directors of the Company that the stockholders of the Company adopt this Agreement
and approve the transactions contemplated hereby, including the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Confidentiality Agreement</B>&rdquo;
shall mean the mutual confidentiality agreement, dated as January&nbsp;28, 2019, between Parent and the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Contract</B>&rdquo; shall mean
any written contract, subcontract, note, bond, mortgage, indenture, lease, license, sublicense or other binding agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Disability</B>&rdquo; shall mean
the inability of an individual to engage in any substantially gainful activity by reason of any medically determinable physical
or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period
of not less than twelve (12) months as provided in Sections 22(e)(3) and 409A(a)(2)(c)(i) of the Code and will be determined by
the board of directors of the Company on the basis of such medical evidence as the Board deems warranted under the circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>DGCL</B>&rdquo; shall mean the
General Corporation Law of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Distribution</B>&rdquo; shall
mean the special cash distribution in the amount of approximately $94.3 million declared by the Company&rsquo;s board of directors,
the 1-for-10 reverse stock split of the Company Common Stock approved by the Company&rsquo;s board of directors in connection therewith
and all actions taken or to be taken by the Company to effect the foregoing, including payment of such special cash distribution
to the Company&rsquo;s stockholders and amendment of the Company&rsquo;s Restated Certificate of Incorporation, as amended, to
effect such reverse stock split (which distribution was paid on April 22, 2019 to the stockholders of record and which reverse
stock-split was effective on April 26, 2019).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>ERISA</B>&rdquo; shall mean the
Employee Retirement Income Security Act of 1974, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>ERISA Affiliate</B>&rdquo; shall
mean any trade or business that, together with the Company, would be treated as a single employer pursuant to Section&nbsp;4001(b)
of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Escrows</B>&rdquo; means, collectively,
(i) the escrows established pursuant to the Escrow Agreement, dated as of June 20, 2018, by and among The Street, Inc., Bankers
Financial Products Corporation, S&amp;P Global Market Intelligence Inc. and Citibank, National Association, as escrow agent; and
(ii) the escrows established pursuant to the Escrow Agreement, dated as of February 14, 2019, by and among TheStreet, Inc., Euromoney
Institutional Investor PLC and Citibank, National Association, as escrow agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Excess Cash Amount</B>&rdquo;
shall mean in an amount in cash, as determined in good faith by the Company immediately prior to the Effective Time and in accordance
with GAAP, equal to (a)&nbsp;the aggregate amount of cash and cash equivalents of the Company and its subsidiaries immediately
prior to the Effective Time <I>minus</I> (b)&nbsp;the aggregate amount of Excluded Liabilities (determined in accordance with Section&nbsp;6.16
of the Company Disclosure Schedule).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Exchange Act</B>&rdquo; shall
mean the Securities Exchange Act of 1934, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Expenses</B>&rdquo; shall mean
all out-of-pocket expenses (including all fees and expenses of counsel, accountants, investment bankers, experts and consultants
to a party hereto and its affiliates) incurred by a party or on its behalf in connection with or related to the authorization,
preparation, negotiation, execution and performance of this Agreement, the preparation, printing, filing and mailing of the Proxy
Statement and all SEC and other regulatory filing fees incurred in connection with the Proxy Statement, the solicitation of stockholder
approvals, engaging the services of the Escrow Agent, the Paying Agent and the Rights Agent, obtaining third party consents, any
other filings with the SEC and all other matters related to the closing of the Merger and the other transactions contemplated by
this Agreement or the CVR Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>GAAP</B>&rdquo; shall mean the
United States generally accepted accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Governmental Authority</B>&rdquo;
shall mean any United States (federal, state or local) or foreign government, or any governmental, regulatory, judicial or administrative
authority, agency or commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Indemnitee</B>&rdquo; shall mean
any individual who, on or prior to the Effective Time, was an officer, director or employee of the Company or served on behalf
of the Company as an officer, director or employee of any of the Company&rsquo;s Subsidiaries or affiliates or any of their predecessors
in all of their capacities (including as stockholder, controlling or otherwise) and the heirs, executors, trustees, fiduciaries
and administrators of such officer, director or employee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>IRS</B>&rdquo; shall mean the
U.S. Internal Revenue Service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>knowledge</B>&rdquo; shall mean
the actual knowledge of the executive officers of the Company or Parent, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Law</B>&rdquo; shall mean any
and all domestic (federal, state or local) or foreign laws, rules, regulations, statutes, orders, ordinance, judgments or decrees
or other pronouncements by any Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Lien</B>&rdquo; shall mean liens,
claims, mortgages, encumbrances, pledges, security interests or charges of any kind, other than licenses of or other grants of
rights to use Intellectual Property Rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Order</B>&rdquo; shall mean any
decree, order, judgment, ruling, writ, injunction, temporary restraining order or other formal order in any suit or proceeding
by or with any Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Parent Material Adverse Effect</B>&rdquo;
shall mean any change, effect or circumstance that individually or in the aggregate, would reasonably be expected to prevent or
materially delay or impair the ability of Parent to consummate the Merger and the other transactions contemplated by this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Per Share Amount</B>&rdquo; shall
mean a cash amount equal to the quotient of (a)&nbsp;the Aggregate Cash Merger Consideration divided by (b)&nbsp;the number of
shares of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than those shares canceled
or retired pursuant to <U>Section&nbsp;3.1(a)</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Permitted Lien</B>&rdquo; shall
mean (i)&nbsp;any Lien for Taxes not yet delinquent or for Taxes being contested in good faith for which adequate accruals or reserves
have been established, (ii)&nbsp;Liens securing indebtedness or liabilities that are reflected in the Company SEC Documents or
incurred in the ordinary course of business since the date of the most recent Annual Report on Form 10-K filed with the SEC by
the Company and Liens securing indebtedness or liabilities that have otherwise been disclosed to Parent in writing, (iii)&nbsp;such
Liens or other imperfections of title, if any, that do not have, individually or in the aggregate, a Company Material Adverse Effect,
including (A)&nbsp;covenants, conditions and restrictions, easements, rights of way, licenses or claims of the same, whether or
not shown by the public records (B)&nbsp;boundary line disputes, overlaps, encroachments and other matters, whether or not of record,
that would be disclosed by an accurate survey or a personal inspection of the property, (C)&nbsp;rights of parties in possession,
(D)&nbsp;any supplemental Taxes or assessments not shown by the public records and (E)&nbsp;title to any portion of the premises
lying within the right of way or boundary of any public road or private road, (iv)&nbsp;Liens imposed or promulgated by Laws with
respect to real property and improvements, including zoning regulations, (v)&nbsp;Liens that would be disclosed on current title
reports or existing surveys, (vi)&nbsp;mechanics&rsquo;, materialmen&rsquo;s, carriers&rsquo;, workmen&rsquo;s, repairmen&rsquo;s,
warehousemen&rsquo;s and similar Liens incurred in the ordinary course of business, (vii)&nbsp;Liens securing acquisition financing
with respect to the applicable asset, including refinancings thereof, and (viii)&nbsp;leases, subleases, licenses or sublicenses
granted to others in the ordinary course of business which do not &lrm;materially interfere with the ordinary conduct of the business
of the Company and do not secure any indebtedness&lrm;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>person</B>&rdquo; shall mean an
individual, a corporation, a limited liability company, a partnership, an association, a trust or any other entity or organization,
including a Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Prior Transactions</B>&rdquo;
means, collectively, the transactions consummated pursuant to (a) the Membership Interest Purchase Agreement, dated as of December
6, 2018, by and between Euromoney Institutional Investor PLC and the Company, and (b) the Asset Purchase Agreement, dated as of
June 20, 2018, by and among the Company, Bankers Financial Products Corporation and S&amp;P Global Market Intelligence Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Representatives</B>&rdquo; means
a party&rsquo;s directors, officers, employees, consultants, advisors (including, without limitation, attorneys, accountants, consultants,
investment bankers, and financial advisors), agents and other representatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>SEC</B>&rdquo; shall mean the
Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Secretary of State</B>&rdquo;
shall mean the Secretary of State of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Securities Act</B>&rdquo; shall
mean the Securities Act of 1933, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Subsidiary</B>&rdquo; of any person,
shall mean any corporation, partnership, joint venture or other legal entity of which such person (either above or through or together
with any other subsidiary), owns, directly or indirectly, more than 50% of the stock or other equity interests, the holders of
which are generally entitled to vote for the election of the board of directors or other governing body of such corporation or
other legal entity. For the avoidance of doubt, any reference to Subsidiaries of the Company refers to the Subsidiaries of the
Company as of the date of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Tax</B>&rdquo; or &ldquo;<B>Taxes</B>&rdquo;
shall mean any and all taxes, fees, levies, duties, tariffs, imposts, and other similar charges (together with any and all interest,
penalties and additions to tax) imposed by any governmental or taxing authority including without limitation taxes or other charges
on or with respect to income, franchises, windfall or other profits, gross receipts, property, sales, use, capital stock, payroll,
employment, social security, workers&rsquo; compensation, unemployment compensation, or net worth; taxes or other charges in the
nature of excise, withholding, ad valorem, stamp, transfer, value added, or gains taxes; license, registration and documentation
fees; customs&rsquo; duties, tariffs, and similar charges.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Tax Returns</B>&rdquo; shall mean
returns, reports and information statements, including any schedule or attachment thereto, with respect to Taxes required to be
filed with the IRS or any other governmental or taxing authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Third Party</B>&rdquo; shall mean
any person or group other than Parent, Merger Sub and their respective affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Transaction Litigation</B>&rdquo;
shall mean any claim, action, suit, arbitration, proceeding or investigation commenced or threatened in writing against a party
or any of its Subsidiaries or Affiliates or otherwise relating to, involving or affecting such party or any of its Subsidiaries
or Affiliates, in each case in connection with, arising from or otherwise relating to or regarding the Merger or any other transaction
contemplated by this Agreement, including any claim, action, suit, arbitration, proceeding or investigation alleging or asserting
any misrepresentation or omission in the Proxy Statement, any Other Required Company Filing or any other communications to the
stockholders of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>




<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>Treasury Regulations</B>&rdquo; shall mean the
United States Federal Income Tax Regulations promulgated under the Code, as such regulations may be amended from time to time
(including corresponding provisions of succeeding regulations).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B>WARN Act</B>&rdquo; shall mean
the Worker Adjustment and Retraining Notification Act of 1988.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tv523376_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"><FONT STYLE="text-transform: uppercase"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: right"><B>Exhibit
10.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: right"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: right"><FONT STYLE="text-transform: uppercase"><B><I>Execution
Version</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">STOCKHOLDER VOTING AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">STOCKHOLDER VOTING AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;),
dated as of June 11, 2019, by and among TheMaven, Inc., a Delaware corporation (&ldquo;<U>Parent</U>&rdquo;) and the stockholders
listed on Schedule I hereto (each, a &ldquo;<U>Stockholder</U>&rdquo; and collectively, the &ldquo;<U>Stockholders</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">WITNESSETH:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, as of the date hereof, each Stockholder
holds and is entitled to vote (or to direct the voting of) the number of shares of stock (the &ldquo;<U>Company Stock</U>&rdquo;)
of TheStreet, Inc., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;), set forth opposite such Stockholder&rsquo;s name
on <U>Schedule&nbsp;I</U> hereto (with respect to each Stockholder, such shares of Company Stock set forth on <U>Schedule&nbsp;I</U>
are referred to herein as the &ldquo;<U>Subject Shares</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, Parent, TST Acquisition Co., Inc.,
a Delaware corporation (&ldquo;<U>Merger Sub</U>&rdquo;), and the Company, have entered into an Agreement and Plan of Merger, dated
as of June 10, 2019 (as may be amended from time to time, the &ldquo;<U>Merger Agreement</U>&rdquo;), pursuant to which, upon the
terms and subject to the conditions set forth in the Merger Agreement, Merger Sub will merge with and into the Company (the &ldquo;<U>Merger</U>&rdquo;),
with the Company surviving the Merger as a Subsidiary of Parent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, as a condition to the willingness
of Parent to enter into the Merger Agreement, and as an inducement and in consideration therefor, each Stockholder is entering
into this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, in consideration of the
foregoing and the mutual promises, representations, warranties, covenants and agreements contained herein, the parties hereto,
intending to be legally bound, hereby agree as follows:</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-transform: uppercase; text-align: center">ARTICLE
I<BR>
DEFINITIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capitalized
Terms</B>. For purposes of this Agreement, capitalized terms used and not defined herein shall have the respective meanings ascribed
to them in the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other
Definitions. </B>For purposes of this Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;<U>Affiliate</U>&rdquo;
shall mean, with respect to any specified Person, any Person that directly, or indirectly through one or more intermediaries, controls,
or is controlled by, or is under common control with, the Person specified. For purposes of this Agreement, with respect to each
Stockholder, the term &ldquo;Affiliate&rdquo; shall not include the Company and the Persons that directly, or indirectly through
one or more intermediaries, are controlled by the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;<U>Competing
Proposal</U>&rdquo; shall mean, other than the transactions contemplated by this Agreement, any bona fide proposal or offer (other
than a proposal or offer by Parent or any of its subsidiaries) from a Third Party relating to (i)&nbsp;a merger, reorganization,
sale of assets, share exchange, consolidation, business combination, recapitalization, dissolution, liquidation, joint venture
or similar transaction involving the Company or any of its subsidiaries whose assets, individually or in the aggregate, constitute
twenty-five percent (25%) or more of the consolidated assets of the Company as determined on a book-value basis; (ii)&nbsp;the
acquisition (whether by merger, consolidation, equity investment, joint venture or otherwise) by any person of twenty-five percent
(25%) or more of the assets of the Company and its subsidiaries, taken as a whole as determined on a book-value basis; (iii)&nbsp;the
acquisition in any manner, directly or indirectly, by any person of twenty-five percent (25%) or more of the issued and outstanding
shares of Company Common Stock, (iv)&nbsp;any purchase, acquisition, tender offer or exchange offer that, if consummated, would
result in any person beneficially owning twenty-five percent (25%) or more of the Company Common Stock or any class of equity or
voting securities of the Company or any of its subsidiaries whose assets, individually or in the aggregate, constitute twenty-five
percent (25%) or more of the consolidated assets of the Company as determined on a book-value basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;<U>Person</U>&rdquo;
shall mean an individual, a corporation, a limited liability company, a partnership, an association, a trust or any other entity
or organization, including a Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;<U>Third
Party</U>&rdquo; shall mean any person or group other than Parent, Merger Sub and their respective affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
II<BR>
VOTING AGREEMENT AND PROXY GRANT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agreement
to Vote the Subject Shares</B>. Each Stockholder hereby agrees that, during the period commencing on the date hereof and continuing
until the termination of this Agreement (such period, the &ldquo;<U>Voting Period</U>&rdquo;), at any meeting (or any adjournment
or postponement thereof) of the Company&rsquo;s stockholders, however called, or in connection with any written consent of the
of the Company&rsquo;s stockholders, such Stockholder shall vote (or cause to be voted) its Subject Shares (x)&nbsp;in favor of
the approval and adoption of the Merger Agreement and the transactions contemplated thereby, including the Merger (and any actions
directly required in furtherance thereof), (y)&nbsp;against any action, proposal, transaction or agreement that, to the knowledge
of such Stockholder, is intended to result in a breach in any respect of any covenant, representation or warranty or any other
obligation or agreement of the Company under the Merger Agreement or of any Stockholder under this Agreement, and (z)&nbsp;except
as otherwise agreed to in writing in advance by Parent, against the following actions or proposals (other than the transactions
contemplated by the Merger Agreement): (i)&nbsp;any extraordinary corporate transaction, such as a merger, share exchange, arrangement,
reorganization, consolidation, business combination, recapitalization, liquidation, dissolution or similar transaction involving
the Company or any of its respective Subsidiaries; (ii) any approval or consent regarding any Competing Proposal; (iii) any change
in Persons who constitute the board of directors of the Company; and (iv) any other action or proposal involving the Company or
any of its Subsidiaries that, to the knowledge of such Stockholder, is intended, or could reasonably be expected, to prevent, impede,
interfere with, materially delay, postpone or materially adversely affect the transactions contemplated by the Merger Agreement.
Any such vote shall be cast or consent shall be given in accordance with such procedures relating thereto as shall ensure that
it is duly counted for purposes of determining that a quorum is present and for purposes of recording the results of such vote
or consent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 2.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grant
of Proxy</B>. Concurrently with the execution of this Agreement, each Stockholder hereby appoints, with respect to such Stockholder&rsquo;s
Subject Shares, Parent, and any designee of Parent, and each of them individually, such Stockholder&rsquo;s sole and exclusive
proxy and attorney-in-fact, with full power of substitution and resubstitution, to vote or act by written consent during the Voting
Period with respect to such Stockholder&rsquo;s Subject Shares in the form of Exhibit A attached hereto. This proxy is given to
secure the performance of the duties of each Stockholder under this Agreement. Each Stockholder shall take such further action
or execute such other instruments as may be reasonably necessary to effectuate the intent of this proxy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 2.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nature
of Proxy</B>. The proxy and power of attorney granted pursuant to Section 2.2 by each Stockholder shall be irrevocable during the
Voting Period and shall be deemed to be coupled with an interest sufficient in law to support an irrevocable proxy and shall be
valid and binding on any Person to whom the Stockholder may transfer any of its Subject Shares in breach of, or in accordance with,
this Agreement. Each Stockholder hereby revokes any and all previous proxies with respect to such Stockholder&rsquo;s Subject Shares.
Each Stockholder agrees not to grant any proxy (whether revocable or irrevocable) to any Person that conflicts with the proxy granted
by such Stockholder pursuant to this Article II, and any attempt to do so shall be void and of no force and effect. The power of
attorney granted herein is a durable power of attorney and shall survive the dissolution, bankruptcy, death or incapacity of such
Stockholder.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
III<BR>
COVENANTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generally</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Stockholder agrees that during the Voting Period if Parent and Merger Sub are in compliance with the terms of this Agreement and
the Merger Agreement, except as contemplated by the terms of this Agreement, it shall not (i) sell, sell short, transfer (including
by way of gift), tender, pledge, encumber, assign, grant any right to acquire (whether such right is exercisable immediately or
only after the passage of time or upon the satisfaction of one or more conditions (whether or not within the control of such Stockholder))
or otherwise dispose of (collectively, a &ldquo;<U>Transfer</U>&rdquo;), or enter into any contract, option or other agreement
with respect to, or consent to, a Transfer of, any or all of its Subject Shares or (ii)&nbsp;take any action that would have the
effect of preventing, impeding, interfering with or adversely affecting its ability to perform its obligations under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event of a stock dividend or distribution, or any change in the Company Stock by reason of any stock dividend or distribution,
split-up, recapitalization, combination, exchange of shares or the like, the term &ldquo;<U>Subject Shares</U>&rdquo; shall be
deemed to refer to and include, with respect to any Stockholder, such Stockholder&rsquo;s Subject Shares as well as all such stock
dividends and distributions and any securities into which or for which any or all of its Subject Shares may be changed or exchanged
or which are received in such transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 3.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Solicitation of Other Offers. </B>During the Voting Period, no Stockholder shall, and each Stockholder shall not authorize any
of its Subsidiaries or controlled Affiliates and shall use commercially reasonable efforts not to permit any of its, its Subsidiaries&rsquo;
or its Affiliates&rsquo; directors, officers, employees, agents or representatives to, directly or indirectly, (i) solicit, initiate
or knowingly facilitate or encourage a Competing Proposal, (ii) furnish or disclose to any Third Party non-public information (or
afford access to any of the properties, assets, books or records relating to the Company or any of its Subsidiaries) with respect
to or in furtherance of or which would reasonably be likely to lead to a Competing Proposal, (iii) negotiate or engage in substantive
discussions with any Third Party with respect to a Competing Proposal or (iv) enter into any agreement or agreement in principle
with respect to a Competing Proposal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 3.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Effect on Directors</B>. Notwithstanding any of the provisions of this Agreement, the parties acknowledge that the Stockholders
are represented on the Company&rsquo;s Board of Directors and agree that such persons will act in their capacities as directors
of the Company solely in accordance with their duties to the Company and its stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 3.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reasonable
Efforts.</B> Parent shall (a) make promptly its filing, and thereafter make any other required submissions, under the HSR Act with
respect to the Merger Agreement and the Merger and (b) use commercially reasonable efforts to take, or cause to be taken, all appropriate
action, and to do, or cause to be done, all things necessary, proper or advisable under applicable Laws to consummate and make
effective the Merger as promptly as practicable, including using commercially reasonable efforts to obtain promptly all permits,
consents, approvals, authorizations, qualifications and orders of Governmental Entities and parties to contracts with Parent or
the Company or their Subsidiaries as are necessary for the consummation of the transactions contemplated by the Merger Agreement
and to fulfill the conditions to the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
IV<BR>
REPRESENTATIONS AND WARRANTIES OF EACH STOCKHOLDER</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each Stockholder hereby represents and warrants
to Parent that the following statements in this <U>Article IV</U> are true and correct as to such Stockholder:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Due
Organization, etc</B>. The Stockholder is an entity duly formed and validly existing under the Laws of the jurisdiction of its
organization. The Stockholder has all necessary limited partnership or limited liability company power and authority to execute
and deliver this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement
and the consummation of the transactions contemplated hereby by the Stockholder has been duly authorized by all necessary limited
partnership or limited liability company action on the part of such Stockholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ownership
of the Subject Shares</B>. As of the date hereof, (i) the Stockholder is the lawful owner of its Subject Shares and has the sole
power to vote (or cause to be voted) its Subject Shares and (ii) neither the Stockholder nor any controlled Affiliate of the Stockholder
owns or holds any additional shares of any class of stock of the Company or other securities of the Company or any interest therein
or any voting rights with respect to any securities of the Company. The Stockholder has good and valid title to its Subject Shares
free and clear of any and all Liens, proxies and voting agreements of any nature or kind whatsoever, other than those created by
this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 4.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Conflicts</B>. Other than compliance with the applicable requirements of the Securities Exchange Act of 1934, as amended (the &ldquo;<U>Exchange
Act</U>&rdquo;), (i)&nbsp;no filing with any Governmental Entity, and no authorization, consent or approval of any other Person,
is necessary for the execution and delivery of this Agreement by the Stockholder and the consummation by the Stockholder of the
transactions contemplated hereby and (ii)&nbsp;none of the execution and delivery of this Agreement by the Stockholder, the consummation
by the Stockholder of the transactions contemplated hereby or compliance by the Stockholder with any of the provisions hereof shall
(A) conflict with or result in any breach of the organizational documents of the Stockholder, (B)&nbsp;result in, or give rise
to, a violation or breach of or a default under any of the terms of any material contract, understanding, agreement or other instrument
or obligation to which the Stockholder is a party or by which the Stockholder or any of its Subject Shares or assets may be bound,
or (C)&nbsp;violate any applicable order, writ, injunction, decree, or judgment or, to the knowledge of such Stockholder, any statute,
rule or regulation which, in the case of clauses (B) and (C), could reasonably be expected to materially adversely affect the Stockholder&rsquo;s
ability to perform any of its obligations under this Agreement.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
V<BR>
REPRESENTATIONS AND WARRANTIES OF PARENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Parent hereby represents and warrants to
the Stockholders as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Due
Organization, etc</B>. Parent is a corporation duly organized and validly existing under the Laws of Delaware. Parent has all necessary
corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. The
execution and delivery of this Agreement and the consummation of the transactions contemplated hereby by Parent has been duly authorized
by all necessary action on the part of Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 5.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Conflicts</B>. Other than compliance with the applicable requirements of the Exchange Act, (a)&nbsp;no filing with any Governmental
Entity, and no authorization, consent or approval of any other Person, is necessary for the execution of this Agreement by Parent
and, except as provided in the Merger Agreement, for the consummation by Parent of the transactions contemplated hereby and (b)&nbsp;none
of the execution and delivery of this Agreement by Parent or the consummation by Parent of the transactions contemplated hereby
shall (i)&nbsp;conflict with or result in any breach of the organizational documents of Parent, (ii)&nbsp;result in a violation
or breach of or a default under any of the terms of any material contract, understanding, agreement or other instrument or obligation
to which Parent is a party or by which Parent or any of its assets may be bound, or (iii)&nbsp;violate any applicable order, writ,
injunction, decree, judgment or, to the knowledge of Parent, any statute, rule or regulation which could reasonably be expected
to materially adversely affect Parent&rsquo;s ability to perform any of its obligations under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 5.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reliance
by the Stockholders</B>. Parent understands and acknowledges that the Stockholders are entering into this Agreement in reliance
upon the execution and delivery of the Merger Agreement by Parent.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
VI<BR>
termination</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Termination</B>.
This Agreement shall terminate as to Parent and each Stockholder, and neither Parent nor any Stockholder shall have any rights
or obligations hereunder and this Agreement shall become null and void and have no effect, upon the earliest to occur of (a)&nbsp;the
mutual consent of Parent and each Stockholder, (b) the date of termination of the Merger Agreement in accordance with its terms,
(c) the effectiveness of any modification, amendment, supplement or waiver to the Merger Agreement or any provision therein (in
each case, as in effect on the date hereof) that (i) was not approved by each Stockholder and (ii) individually or in the aggregate
(A) alters or changes the amount, kind or value of the Merger Consideration to be paid to each Stockholder in connection with the
Merger (except as expressly contemplated by the terms of the Merger Agreement), (B) modifies an existing condition to the consummation
of the Merger or creates an additional condition to the consummation of the Merger that is material to the consummation of the
Merger or is reasonably likely to cause the Closing to be prevented or materially delayed or (C) has, or is reasonably likely to
have, an adverse and disproportionate effect on each Stockholder in comparison to other stockholders of the Company, or (d)&nbsp;the
Effective Time (as such term is defined in the Merger Agreement) (such date, the &ldquo;<U>Termination Date</U>&rdquo;); <I>provided</I>,
<I>further, however</I>, that termination of this Agreement shall not prevent any party hereunder from seeking any remedies (at
law or in equity) against any other party hereto for such party&rsquo;s breach of any of the terms of this Agreement. Notwithstanding
the foregoing, Sections 7.4 through 7.11, inclusive, of this Agreement shall survive the termination of this Agreement.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
VII<BR>
MISCELLANEOUS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amendments,
Waivers, etc</B>. This Agreement may not be amended, changed, supplemented, waived or otherwise modified, except upon the execution
and delivery of a written agreement executed by each of the parties hereto. The failure of any party hereto to exercise any right,
power or remedy provided under this Agreement or otherwise available in respect hereof at law or in equity, or to insist upon compliance
by any other party hereto with its obligations hereunder, and any custom or practice of the parties at variance with the terms
hereof shall not constitute a waiver by such party of its right to exercise any such or other right, power or remedy or to demand
such compliance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public
Announcements. </B>Parent consents to and authorizes the publication and disclosure by each Stockholder of this Agreement, including
the nature of its commitments and obligations under this Agreement and such other matters as may be required in connection with
the transactions contemplated by the Merger Agreement in any Form 4, Schedule 13D, Schedule 13G or other disclosure required by
applicable Law, SEC or other Governmental Authority to be made by each Stockholder in connection with the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notices</B>.
All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given (and shall be
deemed to have been duly given upon receipt) by delivery in person, by cable, telecopy, telegram or telex, by registered or certified
mail (postage prepaid, return receipt requested), or by overnight courier, to the respective parties at the following addresses
(or at such other address for a party as shall be specified by like notice):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">If to Parent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">TheMaven, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">1500 Fourth Avenue, Suite 200</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">Seattle, Washington 98101<BR>
Attention: James C. Heckman<BR>
E-mail: <U>jch@maven.io</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">with a copy (which shall not constitute notice) to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">Golenbock Eiseman Assor Bell &amp; Peskoe LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">711 Third Avenue, 17th Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">New York, New York 10017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">Attention: Andrew D. Hudders</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">E-mail: <U>ahudders@golenbock.com</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">If to any Stockholder, to such Stockholder at the
address corresponding to such Stockholder&rsquo;s name on <U>Schedule I</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">with a copy (which shall not constitute notice) to
each of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">Orrick, Herrington &amp; Sutcliffe LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">The Orrick Building</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">405 Howard Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">San Francisco, CA 94105</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">Attention: Karen Dempsey; Richard V. Smith</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.42in">E-mail: <U>kdempsey@orrick.com</U>; <U>rsmith@orrick.com</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Severability</B>.
If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced because of any rule of Law
or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long
as the economic or legal substance of the transactions contemplated hereby is not affected in any manner adverse to any party to
this Agreement. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the
parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties hereto
as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the fullest
extent possible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entire
Agreement</B>. This Agreement (together with the Merger Agreement, to the extent referred to herein and therein) constitutes the
entire agreement among the parties with respect to the subject matter hereof and supersedes all prior agreements and undertakings,
both written and oral, among the parties, or any of them, with respect to the subject matter hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assignment</B>.
This Agreement shall not be assigned by operation of law or otherwise without the prior written consent of each of the parties,
except that Parent may assign and transfer its rights and obligations hereunder to any direct or indirect wholly Subsidiary of
Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parties
in Interest</B>. This Agreement shall be binding upon and inure solely to the benefit of each party hereto and their respective
successors and assigns, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other Person
any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mutual
Drafting</B>. Each party hereto has participated in the drafting of this Agreement, which each party acknowledges is the result
of extensive negotiations between the parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Governing
Law. </B>This Agreement shall be governed by, and construed in accordance with the laws of the State of Delaware, without giving
effect to any choice or conflict of laws provision or rule (whether of the State of Delaware or any other jurisdiction) that would
cause the application of the Laws of any jurisdiction other than the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Headings</B>.
The descriptive headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning
or interpretation of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Section 7.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Counterparts</B>.
This Agreement may be executed in two or more counterparts, and by the different parties in separate counterparts, each of which
when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. Delivery
of an executed counterpart of a signature page to this Agreement by facsimile transmission or by e-mail of a .pdf attachment shall
be effective as delivery of a manually executed counterpart of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Section
7.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>WAIVER OF JURY TRIAL.</B> EACH OF PARENT, MERGER SUB AND
THE COMPANY HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT,
TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE ACTIONS OF PARENT, MERGER SUB OR THE COMPANY IN THE NEGOTIATION,
ADMINISTRATION, PERFORMANCE AND ENFORCEMENT THEREOF.<FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, Parent and each Stockholder
have caused this Agreement to be duly executed as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>Parent:</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>THEMAVEN, INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 5%; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 45%; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-indent: 0in"><FONT STYLE="font-size: 10pt">/s/ James. C. Heckman</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">James C. Heckman</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">CEO</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 180.9pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[SIGNATURE PAGE TO VOTING AGREEMENT]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 180.9pt; text-indent: 0in">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>STOCKHOLDERS:</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>180 DEGREE CAPITAL CORP.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in; width: 50%">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 45%; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Daniel B. Wolf</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Daniel B. Wolfe</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">President</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>THESTREET SPV SERIES - A SERIES OF 180 DEGREE CAPITAL MANAGEMENT, LLC</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-indent: 0in; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Daniel B. Wolf</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Daniel B. Wolfe</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0.5in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">President</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[SIGNATURE PAGE TO VOTING AGREEMENT]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Schedule I</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: center; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 49%; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><B>Stockholder Name</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 49%; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><B>Number of Shares of Stock</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 6.6pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: center; text-indent: -0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: center; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: center; text-indent: -0.5in"><U>Exhibit
A</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>IRREVOCABLE PROXY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned stockholder of TheStreet,
Inc., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;), hereby irrevocably appoints TheMaven, Inc., a Delaware corporation
(&ldquo;<U>Parent</U>&rdquo;), and any designee thereof, as the sole and exclusive attorney and proxy of the undersigned, with
full power of substitution and resubstitution, to the full extent of the undersigned&rsquo;s rights with respect to the shares
of capital stock of the Company owned by the undersigned beneficially and of record as of the date hereof, which shares are listed
on Schedule&nbsp;I to this proxy (collectively, the &ldquo;<U>Owned Shares</U>&rdquo;), until the Expiration Date (as defined below).
As used herein, the term &ldquo;<U>Expiration Date</U>&rdquo; shall mean the earliest to occur of: (a) the date of termination
of the Agreement and Plan of Merger (the &ldquo;<U>Merger Agreement</U>&rdquo;), dated as of June 10, 2019, 2019, among the Company,
Parent, and TST Acquisition Co., Inc., a Delaware corporation (&ldquo;<U>Merger Sub</U>&rdquo;), (b) the agreement of the parties
to terminate this proxy or (c) the Effective Time (as defined in the Merger Agreement). The undersigned hereby revokes any and
all previous proxies with respect to the undersigned's Owned Shares and no subsequent proxies (whether revocable or irrevocable)
shall be given (and if given, shall not be effective) by the undersigned with respect to the Owned Shares that conflict with this
proxy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This proxy and power of attorney is intended
to be irrevocable in accordance with the provisions of Section 212(e) of the General Corporation Law of the State of Delaware and
is coupled with an interest sufficient in law to support an irrevocable proxy and is granted in consideration of Parent entering
into the Merger Agreement and the Stockholder Voting Agreement, dated as of June 10, 2019, by and among Parent and the stockholders
of the Company set forth in Schedule I thereto (the &ldquo;<U>Voting Agreement</U>&rdquo;), and shall be valid and binding on any
person to whom the stockholder may transfer any of its Owned Shares. The attorney and proxy named above will be empowered at any
time prior to the Expiration Date to vote or act by written consent with respect to the Owned Shares at every annual, special,
adjourned or postponed meeting of the Company&rsquo;s stockholders, and in every written consent in lieu of such a meeting, or
otherwise, as provided below. The power of attorney granted herein is a durable power of attorney and shall survive the dissolution,
bankruptcy, death or incapacity of the undersigned stockholder of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The attorney and proxy named above may only
exercise this proxy to vote the Owned Shares subject hereto at any time prior to the Expiration Date at any meeting (or any adjournment
or postponement thereof) of the Company&rsquo;s stockholders, however called, or in connection with any written consent of the
of the Company&rsquo;s stockholders, (x)&nbsp;in favor of the adoption of the Merger Agreement (and any actions directly required
in furtherance thereof), (y)&nbsp;against any action, proposal, transaction or agreement that is intended to result in a breach
in any respect of any covenant, representation or warranty or any other obligation or agreement of the Company under the Merger
Agreement or of any Stockholder under the Voting Agreement, and (z)&nbsp;except as otherwise agreed to in writing in advance by
Parent, against the following actions or proposals (other than the transactions contemplated by the Merger Agreement): (i)&nbsp;any
extraordinary corporate transaction, such as a merger, share exchange, arrangement, reorganization, consolidation, business combination,
recapitalization, liquidation, dissolution or similar transaction involving the Company or any of its respective Subsidiaries (as
defined in the Merger Agreement); (ii) any approval or consent regarding any Competing Proposal (as defined in the Voting Agreement);
(iii) any change in Persons who constitute the board of directors of the Company; and (iv)&nbsp;any other action or proposal involving
the Company or any of its Subsidiaries that is intended, or could reasonably be expected, to prevent, impede, interfere with, materially
delay, postpone or materially adversely affect the transactions contemplated by the Merger Agreement or the Voting Agreement. Any
such vote shall be cast or consent shall be given in accordance with such procedures relating thereto as shall ensure that it is
duly counted for purposes of determining that a quorum is present and for purposes of recording the results of such vote or consent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The undersigned stockholder may vote the
Owned Shares on all other matters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">* * * * * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Any obligation of the
undersigned hereunder shall be binding upon the successors and assigns of the undersigned.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.7in">Dated:</TD><TD STYLE="text-align: justify">June 10, 2019</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.7in; text-align: justify; text-indent: -0.7in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>180 DEGREE CAPITAL CORP.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 5%; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 45%; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Daniel B. Wolfe</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">President</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>THESTREET SPV SERIES - A SERIES OF 180 DEGREE CAPITAL MANAGEMENT, LLC</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Daniel B. Wolfe</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">President</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[SIGNATURE PAGE TO PROXY]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>tv523376_ex10-3.htm
<DESCRIPTION>EXHIBIT 10.3
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.3</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Note Purchase Agreement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>dated as of June 10, 2019</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>by and among</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>theMaven, Inc.,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>as the Borrower,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>The Guarantors Named Herein<FONT STYLE="text-transform: uppercase">,</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>BRF Finance Co., LLC, </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>as Agent and a Purchaser,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>The Other Purchasers From Time to Time
Party Hereto</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>NOTE PURCHASE AGREEMENT</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This NOTE PURCHASE
AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;) is dated as of June 10, 2019 and entered into by and among <B>theMaven, Inc.</B>,
a Delaware corporation (the &ldquo;<U>Borrower</U>&rdquo;), the Guarantors from time to time party hereto, each of the Purchasers
from time to time named on Schedule&nbsp;I attached hereto or which become a Purchaser after the date hereof (together with their
respective successors and permitted assigns, the &ldquo;<U>Purchasers</U>&rdquo; and each a &ldquo;<U>Purchaser</U>&rdquo;) and
<B>BRF Finance Co., LLC</B>, in its capacity as agent for the Purchasers (&ldquo;<U>Agent</U>&rdquo;).</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>RECITALS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Borrower has agreed
to sell to the Purchasers and the Purchasers, acting severally and not jointly, have agreed to purchase from the Borrower the Borrower&rsquo;s
12.0% senior secured notes (the &ldquo;<U>Notes</U>&rdquo;) in the aggregate principal amount of $20,000,000, subject to the terms
and conditions set forth herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in
consideration of the premises and the agreements, provisions and covenants herein contained, the Borrower, Guarantors, Agent and
Purchasers agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>DEFINITIONS AND ACCOUNTING TERMS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Defined Terms</U>. The capitalized terms not otherwise defined in this Agreement shall have the meanings set forth below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Affiliate</U>&rdquo;
means, with respect to any Person, another Person: (a)&nbsp;directly or indirectly controlling, controlled by, or under common
control with, the Person specified; (b)&nbsp;directly or indirectly owning or holding ten percent (10%) or more of any Equity Interest
in the Person specified; or (c)&nbsp;ten percent (10%) or more of whose stock or other Equity Interest having ordinary voting power
for the election of directors or the power to direct or cause the direction of management, is directly or indirectly owned or held
by the Person specified; provided, however, that neither Agent nor any Purchaser shall be an Affiliate of any Note Party or of
any Subsidiary of any Note Party for purposes of this definition. For purposes of this definition, &ldquo;control&rdquo; (including
with correlative meanings, the terms &ldquo;controlling&rdquo;, &ldquo;controlled by&rdquo; and &ldquo;under common control with&rdquo;)
means the possession directly or indirectly of the power to direct or cause the direction of the management and policies of a Person,
whether through the ownership of Equity Interests, or by contract or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Agent</U>&rdquo;
has the meaning assigned to that term in the introductory paragraph, together with any successor Agent appointed pursuant to <U>Section
9.1(G)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Agreement</U>&rdquo;
has the meaning assigned to that term in the introductory paragraph hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Anti-Terrorism
Laws</U>&rdquo; means (i)&nbsp;the Money Laundering Control Act of 1986 (i.e., 18 U.S.C. &sect;&sect; 1956 and 1957), (ii)&nbsp;the
Bank Secrecy Act, as amended by the USA PATRIOT Act, (iii)&nbsp;the laws, regulations and Executive Orders administered by the
United States Department of the Treasury&rsquo;s Office of Foreign Assets Control (&ldquo;<U>OFAC</U>&rdquo;), (iv)&nbsp;the Comprehensive
Iran Sanctions, Accountability, and Divestment Act of 2010 and implementing regulations by the United States Department of the
Treasury, (v)&nbsp;the Proceeds of Crime (Money Laundering) and, to the extent applicable to the Borrower or any of its Subsidiaries,
the Terrorist Financing Act (Canada), (vi)&nbsp;any law enacted in the United States or any other jurisdiction in which the Borrower
or any of its Subsidiaries operate prohibiting or directed against terrorist activities or the financing of terrorist activities
(e.g., 18 U.S.C. &sect;&sect; 2339A and 2339B), (vii)&nbsp;the foreign asset control regulations of the United States Treasury
Department (31 CFR, Subtitle B, Chapter V, as amended) and any enabling legislation or executive order relating thereto, or (viii)&nbsp;any
similar laws relating to terrorism or money laundering enacted in the United States or any other jurisdictions in which the Borrower
or any of its Subsidiaries operate, as any of the foregoing laws may from time to time be amended, renewed, extended, or replaced
and all other legal requirements of any Governmental Authority governing, addressing, relating to, or attempting to eliminate,
terrorist acts and acts of war and any regulations promulgated pursuant thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Applicable
Law</U>&rdquo; means all laws, rules and regulations applicable to the Person, conduct, transaction, covenant, Note Document or
contract in question, including all applicable common law and equitable principles; all provisions of all applicable state, provincial,
federal and foreign constitutions, statutes, rules, regulations and orders of any Governmental Authority, and all orders, judgments
and decrees of all applicable courts and arbitrators.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Approved Fund</U>&rdquo;
means any Fund that is administered or managed by (a)&nbsp;a Purchaser, (b)&nbsp;an Affiliate of a Purchaser or (c)&nbsp;an entity
or an Affiliate of an entity that administers or manages a Purchaser.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Assignment
and Assumption Agreement</U>&rdquo; means an assignment and assumption Agreement in form acceptable to Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>B. Riley</U>&rdquo;
means BRF Finance Co., LLC and any Affiliate thereof as a Purchaser hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Bankruptcy
Code</U>&rdquo; means Title 11 of the United States Code, or any similar Federal or state law for the relief of debtors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Beneficial
Ownership Regulation</U>&rdquo; means 31 C.F.R. &sect;1010.230, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Blocked Person</U>&rdquo;
has the meaning assigned to that term in <U>Section 4.11(B)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Borrower</U>&rdquo;
has the meaning assigned to that term in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Business Day</U>&rdquo;
means any day excluding Saturday, Sunday and any day which is a legal holiday under the laws of the State of New York or is a day
on which banking institutions located in any such state are closed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Certificate
of Exemption</U>&rdquo; has the meaning assigned to that term in <U>Section&nbsp;2.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Change in Control</U>&rdquo;
means each occurrence of any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
acquisition, directly or indirectly, by any person or group (within the meaning of Section&nbsp;13(d)(3) of the Exchange Act) (other
than by B. Riley) of beneficial ownership of more than 50% of the aggregate outstanding voting or economic power of the Equity
Interests of the Borrower;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall cease to have beneficial ownership (as defined in Rule&nbsp;13d-3 under the Exchange Act) of 100% of the aggregate
voting or economic power of the Equity Interests of each other Note Party (other than in connection with any transaction explicitly
permitted hereunder), free and clear of all Liens; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
 &ldquo;Change in Control&rdquo; (or any comparable term or provision) occurs under or with respect to (i)&nbsp;any of the Equity
Interests of the Borrower or any of its Subsidiaries, (ii)&nbsp;any Subordinated Indebtedness Document, or (iii)&nbsp;any Indebtedness
of the Borrower or any of its Subsidiaries having an aggregate principal amount outstanding in excess of $500,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Charges</U>&rdquo;
means all taxes, charges, fees, imposts, levies or other assessments, including, without limitation, all net income, gross income,
gross receipts, sales, use, ad valorem, value added, transfer, franchise, profits, inventory, capital stock, license, withholding,
payroll, employment, social security, unemployment, excise, severance, stamp, occupation and property taxes, custom duties, fees,
assessments, liens, claims and charges of any kind whatsoever, together with any interest and any penalties, additions to tax or
additional amounts, imposed by any taxing or other Governmental Authority, domestic or foreign (including, without limitation,
the PBGC or any environmental agency or superfund), upon the Collateral, the Note Parties or any of their Affiliates, except Excluded
Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Closing</U>&rdquo;
has the meaning assigned to such term in <U>Section 2.2(A)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Closing Date</U>&rdquo;
means June 10, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Collateral</U>&rdquo;
means all property (whether real or personal, movable or immovable) with respect to which any security interests have been granted
(or purported to be granted) pursuant to any Security Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Control Agreement</U>&rdquo;
has the meaning assigned to that term in <U>Section 4.9(A)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Default</U>&rdquo;
means a condition, act or event that, after notice or lapse of time or both, would constitute an Event of Default if that condition,
act or event were not cured or removed within any applicable grace or cure period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Default Rate</U>&rdquo;
shall mean a rate of interest per annum equal to the rate of interest otherwise in effect from time to time pursuant to the terms
of this Agreement plus 8.00%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Employee Benefit
Plan</U>&rdquo; means any &ldquo;employee benefit plan&rdquo; within the meaning of Section 3(3) of ERISA (other than a Multiemployer
Plan) which is subject to ERISA and (a)&nbsp;which is maintained by the Borrower, any Subsidiary or any ERISA Affiliate, or (b)&nbsp;with
respect to which the Borrower, any Subsidiary or any ERISA Affiliate contributes or has an obligation to contribute.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Equity Interests</U>&rdquo;
of any Person means any and all shares, rights to purchase, options, warrants, general, limited or limited liability partnership
interests, member interests, participation, or other equivalents of or interest in (regardless of how designated) equity of such
Person, whether voting or nonvoting, including common stock, preferred stock, convertible securities or any other &ldquo;equity
security&rdquo; (as such term is defined in Rule 3a11-1 of the General Rules and Regulations promulgated by the SEC under the Exchange
Act).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ERISA</U>&rdquo;
means the Employee Retirement Income Security Act of 1974, as amended from time to time, and any successor statute and all rules
and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ERISA Affiliate</U>&rdquo;
means any Person, which together with the Borrower or a Subsidiary, would be deemed to be a &ldquo;single employer&rdquo; within
the meaning of Section 414(b) or (c) of the IRC, or, solely for purposes of Section 302 of ERISA and Section 412 of the IRC, would
be treated as a single employer under Section 414(m) or (o) of the IRC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Event of Default</U>&rdquo;
has the meaning assigned to that term in <U>Section 8.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Exchange Act</U>&rdquo;
means the Securities Exchange Act of 1934.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded Account</U>&rdquo;
means (a)&nbsp;payroll accounts, trust accounts, escrow accounts, accounts used exclusively, and within the ordinary course of
business, for withholding tax, goods and services tax, sales tax or payroll tax and other fiduciary accounts and (b)&nbsp;zero
balance disbursement accounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded Taxes</U>&rdquo;
has the meaning assigned to that term in <U>Section 2.7(A)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Executive Order
No. 13224</U>&rdquo; means the Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001, as the same has
been, or shall hereafter be, renewed, extended, amended or replaced.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>FATCA</U>&rdquo;
means Sections 1471 through 1474 of the IRC, as of the date of this Agreement (or any amended or successor version that is substantively
comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof
and any agreement entered into pursuant to Section 1471(b)(1) of the IRC and any fiscal or regulatory legislation, rules or practices
adopted pursuant to any intergovernmental agreements, treaty or convention among Governmental Authorities implementing such Sections
of the IRC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Fee Letter</U>&rdquo;
means that certain fee letter dated as of the Closing Date between the Borrower and the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Foreign Purchaser</U>&rdquo;
has the meaning assigned to that term in <U>Section 2.7(B)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Fund</U>&rdquo;
means any Person (other than a natural Person) that is (or will be) engaged in making, purchasing, holding or otherwise investing
in commercial loans and similar extensions of credit in the ordinary course of its activities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>GAAP</U>&rdquo;
means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board
of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards
Board that are applicable to the circumstances as of the date of determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Governmental
Authority</U>&rdquo; means (i)&nbsp;any international, foreign, federal, state, provincial, county or municipal government, or
political subdivision thereof, (ii)&nbsp;any governmental or quasi-governmental agency, authority, board, bureau, commission, department,
instrumentality or public body or (iii)&nbsp;any court or administrative tribunal of competent jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Guarantor(s)</U>&rdquo;
means, collectively, each Subsidiary Guarantor and any other Person which guarantees the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Guaranty</U>&rdquo;
means any guaranty of the Obligations executed by a Guarantor in favor of Agent, for its benefit and for the ratable benefit of
the Secured Parties, in form and substance satisfactory to Agent, including pursuant to <U>Section 10</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Hazardous Material</U>&rdquo;
means all or any of the following: (a)&nbsp;substances that are defined or listed in, or otherwise classified pursuant to, any
environmental laws or regulations as &ldquo;hazardous substances&rdquo;, &ldquo;hazardous materials&rdquo;, &ldquo;hazardous wastes&rdquo;,
 &ldquo;toxic substances&rdquo; or any other formulation intended to define, list or classify substances by reason of deleterious
properties such as ignitability, corrosivity, reactivity, carcinogenicity, or toxicity; (b)&nbsp;oil, petroleum or petroleum derived
substances, natural gas, natural gas liquids or synthetic gas and drilling fluids, produced waters and other wastes associated
with the exploration, development or production of crude oil, natural gas or geothermal resources; (c)&nbsp;any flammable substances
or explosives or any radioactive materials; and (d)&nbsp;asbestos in any form or electrical equipment which contains any oil or
dielectric fluid containing polychlorinated biphenyls.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Indebtedness</U>&rdquo;,
as applied to any Person, means without duplication: (a)&nbsp;all indebtedness for borrowed money; (b)&nbsp;obligations under leases
which in accordance with GAAP constitute capital leases; (c)&nbsp;notes payable and drafts accepted representing extensions of
credit whether or not representing obligations for borrowed money; (d)&nbsp;any obligation owed for all or any part of the deferred
purchase price of property or services (other than (i)&nbsp;trade accounts and accrued expenses payable in the ordinary course
of business and not outstanding for more than sixty (60) days after the date on which such trade account payable was created, and
(ii)&nbsp;accruals for payroll and other liabilities accrued in the ordinary course of business); (e)&nbsp;all Indebtedness of
another Person secured by any Lien on any property or asset owned or held by such Person regardless of whether the Indebtedness
secured thereby shall have been assumed by such Person or is non-recourse to the credit of such Person (but excluding, for the
avoidance of doubt, letters of credit and similar instruments) and only to the extent of the fair market value of such property
or assets; (f)&nbsp;all direct or contingent obligations of such Person arising under letters of credit (including standby and
commercial), bankers&rsquo; acceptances, bank guaranties, surety bonds and similar instruments; (g)&nbsp;all net obligations of
such Person under interest rate protection agreement, foreign currency exchange agreement or other interest or currency exchange
rate, interest rate swap, or other similar agreements, (h)&nbsp;any advances under any factoring arrangement; (i)&nbsp;the principal
balance outstanding under any synthetic lease, off-balance sheet loan or similar off-balance sheet financing product; and (j)&nbsp;all
guarantees by such Person of Indebtedness of others, to the extent of the liability of such Person under such guarantee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Indemnified
Liabilities</U>&rdquo; has the meaning assigned to that term in <U>Section 11.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Indemnitees</U>&rdquo;
has the meaning assigned to that term in <U>Section 11.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Intellectual
Property</U>&rdquo; has the meaning assigned to that term in the Security Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>IRC</U>&rdquo;
means the Internal Revenue Code of 1986, as amended from time to time, and any successor statute and all rules and regulations
promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>IRS</U>&rdquo;
means the United States of America Internal Revenue Service or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Liabilities</U>&rdquo;
has the meaning given that term in accordance with GAAP and shall include, without limitation, Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Lien</U>&rdquo;
means any lien (statutory or otherwise), mortgage, deed of trust, pledge, security interest, charge or encumbrance of any kind,
whether voluntary or involuntary (including any conditional sale or other title retention agreement, any lease in the nature thereof,
any trust, and any agreement to give any security interest).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Material Adverse
Effect</U>&rdquo; means a material adverse effect on (a)&nbsp;the business, operations, properties, assets or financial condition
of the Borrower and its Subsidiaries taken as a whole; (b)&nbsp;the ability of the Note Parties (taken as a whole) to perform their
respective obligations under the Note Documents, (c)&nbsp;the ability of Agent or any Purchaser to enforce or collect on the Obligations
(after giving effect to any consents, waivers, amendments or other modifications not prohibited hereunder); or (d)&nbsp;the rights,
remedies and benefits available to, or conferred upon, Agent and the Purchasers under the Note Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Maturity Date</U>&rdquo;
means the earlier of (i)&nbsp;July 31, 2019 or (ii)&nbsp;the date that the Obligations have been accelerated pursuant to and in
accordance with the terms of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Multiemployer
Plan</U>&rdquo; means any &ldquo;multiemployer plan&rdquo; (as such term is defined in Section 4001(a)(3) of ERISA) which is subject
to ERISA and to which the Borrower, any Subsidiary Guarantor or any ERISA Affiliate contributes or has an obligation to contribute.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Note Documents</U>&rdquo;
means this Agreement, the Security Documents, the Notes (if any), the Fee Letter, the Perfection Certificate, the Sallyport Intercreditor
Agreement (to the extent applicable), any Subordination Agreements, the Side Letter, and all other agreements executed by or on
behalf of any Note Party and delivered concurrently herewith or at any time hereafter to or for Agent or any Purchaser in connection
with the Notes, all as amended, restated, supplemented or modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Note Party</U>&rdquo;
means the Borrower and each Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Notes</U>&rdquo;
has the meaning set forth in the recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Obligations</U>&rdquo;
means all obligations, liabilities and indebtedness of every nature of each Note Party from time to time owed to Agent, any Purchaser
or any other Secured Party under the Note Documents (whether incurred before or after the Maturity Date).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>OFAC Sanctions
Programs</U>&rdquo; means the laws, regulations and Executive Orders administered by OFAC, including but not limited to, Executive
Order No. 13224 on Terrorist Financing, effective September 24, 2001, as it has been or shall thereafter be renewed, extended,
amended, or replaced, and the list of Specially Designated Nationals and Blocked Persons administered by OFAC, as such list may
be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>PBGC</U>&rdquo;
means the Pension Benefit Guaranty Corporation established pursuant to Title IV of ERISA, or any successor agency or other Governmental
Authority succeeding to the functions thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pension Benefit
Plan</U>&rdquo; means any Employee Benefit Plan subject to the provisions of Title IV of ERISA or the minimum funding standards
under Section 412 of the IRC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Perfection
Certificate</U>&rdquo; means the Perfection Certificate and the responses thereto provided by Note Parties and delivered to Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Encumbrances</U>&rdquo;
means the following types of Liens:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
for Taxes not yet due and payable, or being Properly Contested;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;statutory
Liens of landlords, carriers, warehousemen, mechanics, vendors, materialmen and other similar liens imposed by law, which are incurred
in the ordinary course of business for sums not more than thirty (30) days delinquent or remain payable without penalty or which
are being contested in good faith and by appropriate proceedings diligently prosecuted, which proceedings have the effect of preventing
the forfeiture or sale of the property subject thereto and for which adequate reserves in accordance with GAAP are being maintained;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
(other than any Lien imposed by ERISA) incurred or deposits made in the ordinary course of business in connection with workers&rsquo;
compensation, unemployment insurance and other types of social security, statutory obligations, surety and appeal bonds, bids,
leases, government contracts, performance and return of money bonds, trade contracts and other similar obligations (exclusive of
obligations for the payment of borrowed money); provided, that, for the avoidance of doubt, any grant of a security interest under
the UCC in the Collateral shall not be permitted under this sub-clause (c);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;zoning
restrictions, building codes, land use laws, easements, licenses, reservations, provisions, covenants, waivers, rights-of-way,
restrictions, minor irregularities of title (and with respect to leasehold interests, mortgages, obligations, Liens and other encumbrances
incurred, created, assumed or permitted to exist and arising by, through or under a landlord, ground lessor or owner of the leased
property, with or without consent of the lessee) and other similar charges or encumbrances with respect to real property not interfering
in any material respect with the ordinary conduct of the business of the Borrower or any of its Subsidiaries and which do not secure
obligations for payment of money;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
in favor of Agent, on behalf of itself and the other Secured Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
existing on the Closing Date set forth on <U>Schedule 7.3(B)</U> including replacement Liens, <U>provided</U>, <U>that</U> (i)&nbsp;the
property covered thereby is not changed, (ii)&nbsp;the amount secured or benefited thereby is not increased, (iii)&nbsp;the direct
or any contingent obligor with respect thereto is not changed, and (iv)&nbsp;any renewal or extension of the obligations secured
or benefited thereby is permitted by <U>Section 7.1(B)</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;precautionary
financing statements filed in connection with operating leases;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
consisting of judgment or judicial attachment liens with respect to judgments the existence of which do not constitute an Event
of Default; <U>provided</U>, <U>that</U>, the holder of such judgment Lien has not commenced any enforcement action;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;licenses,
sublicenses, leases or subleases (including any license of Intellectual Property) granted to third parties in the ordinary course
of business or not materially interfering with the business of the Borrower or any of its Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
in favor of collecting banks arising under Section 4-210 of the UCC;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
arising from customary rights of set-off, revocation, refund or chargeback in favor of a bank or other depositary institution where
the Borrower or any of its Subsidiaries maintains deposits (other than deposits intended as cash collateral) in the ordinary course
of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
consisting of contractual obligations of the Borrower or any of its Subsidiaries to sell or otherwise dispose of assets solely
to the extent such disposition is permitted hereunder; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
consisting of customary security deposits under operating leases entered into by the Borrower or a Subsidiary in the ordinary course
of business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Person</U>&rdquo;
means and includes natural persons, corporations, limited partnerships, general partnerships, limited liability companies, limited
liability partnerships, joint stock companies, joint ventures, associations, companies, trusts, banks, trust companies, land trusts,
business trusts or other organizations, whether or not legal entities, and governments and agencies and political subdivisions
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Properly Contested</U>&rdquo;
means, in the case of any Taxes of any Person that are not paid as and when due or payable by reason of such Person&rsquo;s bona
fide dispute concerning its liability to pay the same or concerning the amount thereof: (a)&nbsp;such Taxes are being properly
contested in good faith by appropriate proceedings promptly instituted and diligently conducted; (b)&nbsp;such Person has established
appropriate reserves as shall be required in conformity with GAAP; (c)&nbsp;the non-payment of such Taxes will not have a Material
Adverse Effect or will not result in the forfeiture of any assets of such Person; (d)&nbsp;no Lien is imposed upon any of such
Person&rsquo;s assets with respect to such Taxes unless such Lien (x)&nbsp;is at all times junior and subordinate in priority to
the Liens in favor of the Agent (except only with respect to property Taxes that have priority as a matter of Applicable Law) and
(y)&nbsp;enforcement of such Lien is stayed during the period prior to the final resolution or disposition of such dispute.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Purchaser</U>&rdquo;
or &ldquo;<U>Purchasers</U>&rdquo; has the meaning assigned to such term in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Register</U>&rdquo;
has the meaning assigned to that term in <U>Section 11.12(C)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Reportable
Event</U>&rdquo; means a reportable event described in Section 4043(c) of ERISA or the regulations promulgated thereunder other
than an event for which the requirement to provide notice to the PBGC has been waived.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Requisite Purchasers</U>&rdquo;
means, as of the date of determination thereof, Purchasers holding more than fifty percent (50%) of the outstanding Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Responsible
Officer</U>&rdquo; means the president, any vice president, the chief financial officer, the director of finance or the controller
of any Note Party or any other officer having substantially the same authority and responsibility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Restricted
Junior Payment</U>&rdquo; means: (a)&nbsp;any dividend or other distribution, direct or indirect, on account of any Equity Interests
of the Borrower or any of its Subsidiaries now or hereafter outstanding; (b)&nbsp;any payment or prepayment of principal of, premium,
if any, or interest on, or any redemption, conversion, exchange, retirement, defeasance, sinking fund or similar payment, purchase
or other acquisition for value, direct or indirect, of any Equity Interests of the Borrower or any of its Subsidiaries now or hereafter
outstanding; (c)&nbsp;any payment made to retire, or to obtain the surrender of, any outstanding warrants, options or other rights
to acquire shares of any Equity Interests of the Borrower or any of its Subsidiaries now or hereafter outstanding; (d)&nbsp; any
payment by any Note Party of any management, consulting or similar fees to any Affiliate of the Borrower or any of its Subsidiaries,
whether pursuant to a management agreement or otherwise; (e)&nbsp;any voluntary prepayment of any Indebtedness of the Borrower
or any of its Subsidiaries (other than the Obligations), or (f)&nbsp;any payment or prepayment of principal of, premium, if any,
interest, fees, redemption, exchange, purchase, retirement, defeasance, sinking fund or similar payment with respect to any Subordinated
Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Sallyport Indebtedness
Documents</U>&rdquo; means that certain Account Sale and Purchase Agreement, dated as of March 8, 2018, by and between the Borrower
and Sallyport Commercial Finance, LLC and all other agreements entered into in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Sallyport Intercreditor
Agreement</U>&rdquo; means that certain intercreditor agreement to be entered into after the date hereof, by and among the Agent,
Sallyport Commercial Finance, LLC, and certain of the Note Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>SEC</U>&rdquo;
means the United States Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Secured Parties</U>&rdquo;
means Agent, any Purchaser and any Indemnitees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Securities
Act</U>&rdquo; means the Securities Act of 1933, as amended and together with all rules, regulations and interpretations thereunder
or related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Security Agreement</U>&rdquo;
means that certain Pledge and Security Agreement dated as of the Closing Date by and among the Note Parties and Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Security Documents</U>&rdquo;
means the Security Agreement and all other agreements as shall from time to time secure or relate to the Obligations, or any part
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Side Letter</U>&rdquo;
means that certain side letter dated as of the Closing Date by and among the Borrower and Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subsidiary</U>&rdquo;
means, with respect to any Person, any corporation, association or other business entity of which more than fifty percent (50%)
of the total voting power of Equity Interests (or equivalent ownership or controlling interest) entitled (without regard to the
occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled,
directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof. Unless
the context otherwise clearly requires, any reference to a &ldquo;Subsidiary&rdquo; is a reference to a Subsidiary of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subsidiary
Guarantor</U>&rdquo; means each direct or indirect Subsidiary of the Borrower, whether now existing or hereafter created or acquired.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subordinated
Creditor</U>&rdquo; means any Person that shall have entered into a Subordination Agreement with the Agent, on behalf of the Secured
Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subordinated
Debentures</U>&rdquo; means, collectively, 12% Senior Secured Subordinated Convertible Debenture of the Borrower due December 31,
2020, with B. Riley FBR, Inc. as Holder, issued December 12, 2018, 12% Senior Secured Subordinated Convertible Debenture of the
Borrower due December 31, 2020, with BRC Partners Opportunity Fund, LP as Holder, issued December 12, 2018, 12% Senior Secured
Subordinated Convertible Debenture of the Borrower due December 31, 2020, with Dialectic Antithesis Partners, LP, as Holder, issued
December 12, 2018, 12% Senior Secured Subordinated Convertible Debenture of the Borrower due December 31, 2020, with B. Riley FBR,
Inc. as Holder, issued March 18, 2019, 12% Senior Secured Subordinated Convertible Debenture of the Borrower due December 31, 2020,
with John Fitchthorn as Holder, issued March 18, 2019, 12% Senior Secured Subordinated Convertible Debenture of the Borrower due
December 31, 2020, with Strome Mezzanine Fund II, LP as Holder, issued March 18, 2019, 12% Senior Secured Subordinated Convertible
Debenture of the Borrower due December 31, 2020, with B. Riley FBR, Inc. as Holder, issued March 27, 2019, 12% Senior Secured Subordinated
Convertible Debenture of the Borrower due December 31, 2020, with SFS Growth Fund, LP as Holder, issued March 27, 2019, and 12%
Senior Secured Subordinated Convertible Debenture of the Borrower due December 31, 2020, with Todd Sims, Inc. as Holder, issued
April 8, 2019, issued pursuant to those certain Securities Purchase Agreements by and among&nbsp; the Borrower and the purchasers
party thereto dated as of December 12, 2018, March 18, 2019, March 27, 2019, and April 8, 2019, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subordinated
Indebtedness</U>&rdquo; means (a)&nbsp;the Subordinated Debentures and (b)&nbsp;other unsecured Indebtedness of any Note Party,
in each case, which has a maturity date that is at least 181 days later than the Maturity Date and the terms of which (including,
without limitation, payment terms, interest rates, covenants, remedies, defaults and other material terms) are reasonably satisfactory
to the Agent and the Requisite Purchasers and which has been expressly subordinated in right of payment to all Indebtedness of
such Note Party under the Note Documents (i)&nbsp;by the execution and delivery of a Subordination Agreement, or (ii)&nbsp;otherwise
on terms and conditions reasonably satisfactory to the Agent and the Requisite Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subordinated
Indebtedness Documents</U>&rdquo; means all documents evidencing Subordinated Indebtedness, including, without limitation, each
subordinated promissory note or agreement issued by a Note Party to a Subordinated Creditor, and each other promissory note, instrument
and agreement executed in connection therewith, all on terms and conditions reasonably satisfactory to the Agent and the Requisite
Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subordination
Agreement</U>&rdquo; means each subordination agreement by and among, as applicable, the Agent, the applicable Note Parties, the
applicable Subsidiaries of the Note Parties and the applicable Subordinated Creditor, each in form and substance satisfactory to
the Agent and the Requisite Purchasers and each evidencing and setting forth the senior priority of the Obligations over such Subordinated
Indebtedness and to the extent applicable, Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Taxes</U>&rdquo;
has the meaning assigned to that term in <U>Section 2.7(A)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Tax Liabilities</U>&rdquo;
has the meaning assigned to that term in <U>Section 2.7(A)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Termination
Event</U>&rdquo; means (i)&nbsp;a Reportable Event with respect to any Pension Benefit Plan; (ii)&nbsp;the withdrawal of any Note
Party or any ERISA Affiliate from any Pension Benefit Plan during a plan year in which such entity was a &ldquo;substantial employer&rdquo;
as defined in Section 4001(a)(2) of ERISA; (iii)&nbsp;the providing of notice of intent to terminate any Pension Benefit Plan in
a distress termination described in Section 4041(c) of ERISA; (iv)&nbsp;the institution by the PBGC of proceedings to terminate
any Pension Benefit Plan or Multiemployer Plan; (v)&nbsp;any event or condition which could reasonably be expected to (a)&nbsp;constitute
grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Benefit
Plan, (b)&nbsp;result in the termination of a Multiemployer Plan pursuant to Section 4041A of ERISA or (c)&nbsp;result in the imposition
of any Lien on the assets of any Note Party by operation of Section 4069 of ERISA; or (vi)&nbsp;the partial or complete withdrawal
within the meaning of Sections 4203 and 4205 of ERISA of any Note Party or any ERISA Affiliate from a Multiemployer Plan resulting
in withdrawal liability to any Note Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>TheStreet</U>&rdquo;
means TheStreet, Inc., a Delaware corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Transactions</U>&rdquo;
means collectively, the transactions contemplated by the TS Acquisition Documents, the Note Documents (including with respect to
the issuance of Notes on such date), and the financial accommodations contemplated herein and therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>TS Acquisition</U>&rdquo;
means the merger, pursuant to the terms of the TS Acquisition Documents, of TheStreet and TST AcquisitionCo, with TheStreet continuing
as the surviving corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>TS Acquisition
Agreement</U>&rdquo; means that certain Agreement and Plan of Merger, dated as of the Closing Date, among the Borrower, TST AcquisitionCo,
and TheStreet.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>TS Acquisition
Documents</U>&rdquo; means, collectively, (i)&nbsp;the TS Acquisition Agreement, (ii)&nbsp;the TS Escrow Agreement, and (iii)&nbsp;all
related agreements entered into in connection with the TS Acquisition, in each case of the preceding clauses (i)-(iii), in form
and substance satisfactory to the Agent and the Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>TS Escrow Agreement</U>&rdquo;
means that certain Escrow Agreement, dated as of the Closing Date, by and among the Borrower, TheStreet, and Citibank, N.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>TST AcquisitionCo</U>&rdquo;
means <FONT STYLE="text-transform: uppercase">TST Acquisition Co., Inc.</FONT>, a Delaware corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>UCC</U>&rdquo;
means the Uniform Commercial Code as in effect from time to time in the State of New York; provided, however, to the extent the
law of any other state or other jurisdiction applies to the attachment, perfection, priority or enforcement of any Lien granted
to Agent in any of the Collateral, &ldquo;UCC&rdquo; means the Uniform Commercial Code as in effect in such other state or jurisdiction
for purposes of the provisions hereof relating to such attachment, perfection, priority or enforcement of a Lien in such Collateral.
To the extent this Agreement defines the term &ldquo;Collateral&rdquo; by reference to terms used in the UCC, each of such terms
shall have the broadest meaning given to such terms under the UCC as in effect in any state or other jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>USA PATRIOT
Act</U>&rdquo; means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism
(PATRIOT) Act of 2001 (Title III of Pub. L. 107-56, Oct. 26, 2001).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>UCC
Defined Terms</U>. The following terms used in this Agreement shall have the respective meanings provided for in the UCC: &ldquo;Accounts&rdquo;,
 &ldquo;Account Debtor&rdquo;, &ldquo;Chattel Paper&rdquo;, &ldquo;Deposit Account&rdquo;, &ldquo;Documents&rdquo;, &ldquo;General
Intangibles&rdquo;, and &ldquo;Inventory&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Accounting
Terms</U>. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to
such terms in conformity with GAAP. Financial statements and other information furnished to Agent or any Purchaser shall be prepared
in accordance with GAAP (as in effect at the time of such preparation) on a consistent basis. For all purposes hereunder, only
those leases (assuming for purposes hereof that such leases were in existence on January 1, 2015) that would have constituted capital
leases or financing leases in conformity with GAAP on January 1, 2015, shall be considered capital leases or financing leases hereunder,
and all calculations and deliverables under this Agreement or any other Note Document shall be made or delivered, as applicable,
in accordance therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Definitional Provisions</U>. References to &ldquo;Sections&rdquo; and &ldquo;Schedules&rdquo; shall be to Sections, and Schedules,
respectively, of this Agreement unless otherwise specifically provided. Any of the terms defined in <U>Section 1.1</U> or otherwise
in this Agreement may, unless the context otherwise requires, be used in the singular or the plural depending on the reference.
In this Agreement, words importing any gender include the other genders; the words &ldquo;including,&rdquo; &ldquo;includes&rdquo;
and &ldquo;include&rdquo; shall be deemed to be followed by the words &ldquo;without limitation&rdquo;; the term &ldquo;or&rdquo;
has, except where otherwise indicated, the inclusive meaning represented by the phrase &ldquo;and/or&rdquo;; references to agreements
and other contractual instruments shall be deemed to include subsequent amendments, assignments, and other modifications thereto,
but only to the extent such amendments, assignments and other modifications are not prohibited by the terms of this Agreement or
any other Note Document; references to Persons include their respective permitted successors and assigns or, in the case of governmental
Persons, Persons succeeding to the relevant functions of such Persons; and unless the context requires otherwise, all references
to statutes and related regulations shall include any amendments of same and any successor statutes and regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>NOTES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authorization
of Notes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower has authorized the issue and sale of Notes in the aggregate principal amount of $20,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest
on the Notes is payable on the Maturity Date, and shall accrue on the outstanding principal amount of the Notes at an aggregate
rate of 12.0% per annum, <U>provided</U> that, after the occurrence and during the continuance of an Event of Default, the Notes
shall bear interest at the Default Rate, <U>provided further</U>, that in no event shall the amount paid or agreed to be paid by
the Borrower as interest and premium on any Note exceed the highest lawful rate permissible under the law applicable thereto, <U>provided
further</U>, that in the event that any interest is not paid on the Maturity Date, then (i) such interest shall be capitalized
and added to the principal amount of the Notes on the Maturity Date and (ii) any interest accruing on the principal amount of the
Notes thereafter shall, until so paid, continue to be capitalized and added to the principal amount of the Notes on the first Business
Day of each week thereafter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
obligations of the Borrower under the Note Documents shall be guaranteed by each of the Guarantors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sales;
Closing</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower will issue and sell to each Purchaser and, subject to the terms and conditions hereof and in reliance upon the representations
and warranties of the Borrower and Guarantors contained herein and in the other Note Documents, each Purchaser, acting severally
and not jointly, will purchase from the Borrower, at the Closing, such Notes as are specified on that portion of <U>Schedule I</U>
attached hereto as is applicable to such Purchaser. The aggregate purchase price of the Notes shall be $20,000,000. The closing
of the sale and purchase of the Notes hereunder (the &ldquo;<U>Closing</U>&rdquo;) shall take place at the office of Choate, Hall
 &amp; Stewart LLP, Two International Place, Boston, MA 02110 on the Closing Date. The Closing shall occur not later than 3:00 P.M.
Boston, Massachusetts time on the Closing Date. At the Closing, the Borrower will deliver to each Purchaser the Notes specified
on <U>Schedule I</U> to be purchased by such Purchaser at the Closing against payment of the purchase price thereof to (or for
the benefit of) the Borrower in immediately available funds in accordance with the wire instructions set forth in the disbursement
direction letter delivered by the Borrower to Agent on the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delivery
of the Notes to be purchased by each Purchaser at the Closing shall be made in the form of one or more Notes. If at the Closing,
the Borrower shall fail to tender the Notes to be delivered to each Purchaser thereat as provided herein, each Purchaser shall,
at its election, be relieved of all further obligations under this Agreement, without thereby waiving any other rights it may have
by reason of such failure or such non-fulfillment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Computation
of Interest and Fees</U>. All computations of interest and fees hereunder shall be made on the basis of the actual number of days
elapsed over a 360-day year. Each determination by the Purchasers of an interest amount or fee hereunder shall be made in good
faith and, except for manifest error, shall be final, conclusive and binding for all purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Prepayments
and Repayments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Mandatory
Prepayments</U>. If the Borrower or any of its Subsidiaries receives any of the Escrow Funds (as defined in the TS Escrow Agreement),
the Borrower or such Subsidiary shall promptly (and in any event within one (1) Business Day after receipt thereof) prepay the
Obligations in an amount equal to such Escrow Funds so received. All prepayments pursuant to this <U>Section&nbsp;2.4(A)</U> shall
be applied to the Notes on a pro-rata basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Optional
Prepayments and Repayments</U>.The Borrower may, at its option, prepay all or any part of the Notes at any time, and from time
to time, without penalty or premium.In the case of each optional prepayment, the Borrower shall give at least two (2) days prior
written notice thereof to each holder of any Notes. Each such notice shall set forth: (a)&nbsp;the date fixed for prepayment; (b)&nbsp;the
aggregate principal amount of Notes to be prepaid on such date; and (c)&nbsp;the aggregate principal amount of Notes held by such
holder to be prepaid on such date and the amount of accrued interest to be paid to such holder on such date.All prepayments pursuant
to this <U>Section&nbsp;2.4(B)</U> shall be applied to the Notes on a pro-rata basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>[Reserved.]</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>[Reserved.]</U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Deductions</U>. Any and all payments or reimbursements made hereunder shall be made free and clear of and without deduction for
any and all taxes, levies, imposts, deductions, charges or with the Borrower, and all liabilities with respect thereto (all such
taxes, levies, imposts, deductions, charges or with the Borrower and all liabilities with respect thereto referred to herein as
 &ldquo;<U>Tax Liabilities</U>&rdquo;; excluding, however, (i)&nbsp;Taxes imposed on or measured by the net income (however denominated),
franchise and branch profits Taxes of any Purchaser or Agent by the jurisdiction under the laws of which Agent or such Purchaser
is organized or doing business or any political subdivision thereof, (ii)&nbsp;Taxes imposed on or measured by the net income (however
denominated), franchise and branch profits Taxes of any Purchaser or Agent by the jurisdiction of such Purchaser&rsquo;s or Agent&rsquo;s
applicable lending office (or relevant office for receiving payments from or on account of the Borrower or making funds available
to or for the benefit of the Borrower) or any political subdivision, (iii)&nbsp;U.S. federal withholding Taxes that are (or would
be) required to be withheld on amounts payable to or for the account of any Purchaser or Agent pursuant to a law in effect on the
date on which (A)&nbsp;such Purchaser acquires an interest in the Notes or such Agent becomes Agent or (B)&nbsp;such Purchaser
changes its office for receiving payments by or on account of the Borrower or making funds available to or for the benefit of the
Borrower, except in each case to the extent that, pursuant to <U>Section 2.7</U>, amounts with respect to such Taxes were payable
either to such Agent or Purchaser&rsquo;s predecessor immediately before such Purchaser or Agent became a party hereto or to such
Agent or Purchaser immediately before it changed its office for receiving payments by or on account of the Borrower or making funds
available to or for the benefit of the Borrower, (iv)&nbsp;Taxes attributable to such recipient&rsquo;s failure to comply with
<U>Section 2.7</U>, (v)&nbsp;U.S. backup withholding Taxes, (vi)&nbsp;Taxes imposed under FATCA on any Purchaser or Agent, (vii)&nbsp;Taxes
imposed by a jurisdiction as a result of any connection between the recipient and such jurisdiction other than any connection arising
solely from (and that would not have existed but for) executing, delivering, being a party to, engaging in any transactions pursuant
to, performing its obligations under or enforcing any Note Document, (viii)&nbsp;Taxes resulting from the gross negligence or willful
misconduct of the Purchaser or Agent as determined by a court of competent jurisdiction in a final non-appealable judgment and
(ix)&nbsp;penalties, interest and additions to Tax relating to any of the foregoing (all Taxes included in clauses (i) through
(ix), the &ldquo;<U>Excluded Taxes</U>&rdquo;, and together with the Tax Liabilities, the &ldquo;<U>Taxes</U>&rdquo;)) unless the
applicable withholding agent is compelled by law to make payment subject to such Tax Liabilities. If any applicable withholding
agent shall be required by law to deduct any such Tax Liabilities from or in respect of any sum payable hereunder to Agent or any
Purchaser, then the sum payable hereunder shall be increased as may be necessary so that, after making all required deductions,
Agent or such Purchaser receives an amount equal to the sum it would have received had no such deductions been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Status
of Purchasers</U>. Any Purchaser that is entitled to an exemption from or reduction of withholding Tax with respect to payments
made under any Note Document shall deliver to Borrower and Agent, at the time or times reasonably requested by Borrower or Agent,
such properly completed and executed documentation reasonably requested by Borrower or Agent as will permit such payments to be
made without withholding or at a reduced rate of withholding. In addition, any Purchaser, if reasonably requested by Borrower or
Agent, shall deliver such other documentation prescribed by Applicable Law or reasonably requested by Borrower or Agent as will
enable Borrower or Agent to determine whether or not such Purchaser is subject to backup withholding or information reporting requirements.
Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation
(other than such documentation set forth below in this paragraph (B)) shall not be required if in the Purchaser&rsquo;s reasonable
judgment such completion, execution or submission would subject such Purchaser to any material unreimbursed cost or expense or
would materially prejudice the legal or commercial position of such Purchaser (it being understood that providing any information
currently required by any U.S. federal income tax withholding form shall not be considered prejudicial to the position of a Purchaser).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Without limiting the
generality of the preceding paragraph, each Purchaser organized under the laws of a jurisdiction outside the United States (a &ldquo;<U>Foreign
Purchaser</U>&rdquo;) as to which payments to be made under this Agreement are exempt from United States withholding tax or are
subject to United States withholding tax at a reduced rate under an applicable statute or tax treaty shall provide to Borrower
and Agent (1)&nbsp;a properly completed and executed IRS Form W-8BEN, W-8BEN-E or Form W-8ECI or other applicable form, certificate
or document prescribed by the IRS or reasonably requested by Agent or Borrower, certifying as to such Foreign Purchaser&rsquo;s
entitlement to such exemption or reduced rate of withholding with respect to payments to be made to such Foreign Purchaser under
this Agreement, and, in the case of a Foreign Purchaser claiming the benefits of the exemption for portfolio interest under Section
881(c) of the IRC, a certificate, in a form reasonably acceptable to Borrower and Agent, showing such Foreign Purchaser is not
a &ldquo;bank&rdquo; within the meaning of Section 881(c)(3)(A) of the IRC, a &ldquo;10 percent shareholder&rdquo; of the Borrower
within the meaning of Section 881(c)(3)(B) of the IRC or a &ldquo;controlled foreign corporation&rdquo; described in Section 881(c)(3)(C)
of the IRC (a &ldquo;<U>Certificate of Exemption</U>&rdquo;). Prior to becoming a Purchaser under this Agreement and within fifteen
(15) days after a reasonable written request of Borrower or Agent from time to time thereafter, each Foreign Purchaser that becomes
a Purchaser under this Agreement shall provide a Certificate of Exemption to Borrower and Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">If a Foreign Purchaser
is entitled to an exemption with respect to payments to be made to such Foreign Purchaser under this Agreement (or to a reduced
rate of withholding) and does not provide the information in the preceding paragraph establishing its entitlement to such exemption
to Borrower and Agent within the time periods set forth in the preceding paragraph, Note Parties shall withhold taxes from payments
to such Foreign Purchaser at the applicable statutory rates and no Note Party shall be required to pay any additional amounts as
a result of such withholding; provided, however, that all such withholding shall cease at such time that such Foreign Purchaser
establishes its entitlement to such exemption to Borrower and Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Each Purchaser that is
a &ldquo;U.S. Person&rdquo; within the meaning of Section 7701(a)(30) of the IRC shall execute and deliver to the relevant Borrower
and Agent, on or prior to the date on which such Purchaser becomes a Purchaser under this Agreement, and from time to time thereafter
upon the request of Borrower or Agent, two properly completed and duly signed original copies of Form W-9 or any successor form
that such Purchaser is entitled to provide at such time, establishing an exemption from United States backup withholding requirements;
provided, however, that if a Purchaser is a disregarded entity for U.S. federal income tax purposes, it shall provide the appropriate
withholding form of its owner (together with appropriate supporting documentation). The Borrower shall not be required to pay additional
amounts in respect of Taxes to any Purchaser pursuant to this <U>Section 2.7</U> to the extent that the obligation to pay such
additional amounts would not have arisen but for the failure of such Purchaser to comply with this <U>Section 2.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Each Purchaser shall,
whenever a lapse in time or change in circumstances renders such documentation expired, obsolete or inaccurate in any material
respect, deliver promptly to Borrower and Agent updated or other appropriate documentation (including any new documentation reasonably
requested by the applicable withholding agent) or promptly notify Borrower and Agent of its inability to do so. Unless the applicable
withholding agent has received forms or other documents satisfactory to it indicating that payments under any Note Document to
or for a Purchaser are not subject to withholding tax or are subject to such tax at a rate reduced by an applicable tax treaty,
Agent or other applicable withholding agent shall withhold amounts required to be withheld by Applicable Law from such payments
at the applicable statutory rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding this <U>Section 2.7</U>,
a Purchaser shall not be required to deliver any form pursuant to this <U>Section 2.7</U> that such Purchaser is not legally able
to deliver.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Withholding
Taxes under FATCA</U>. If a payment made to a Purchaser under the Note Documents would be subject to withholding tax imposed by
FATCA if such Purchaser fails to comply with the applicable requirements of FATCA (including the reporting requirements contained
in Section 1471(b) or 1472(b) of the IRC), such Purchaser shall deliver to Borrower and Agent (i)&nbsp;a certification signed by
the chief financial officer, principal accounting officer, treasurer or controller, and (ii)&nbsp;other documentation reasonably
requested by Borrower and Agent sufficient for Agent and Borrower to comply with their obligations under FATCA and to determine
that such Purchaser has complied with such applicable reporting requirements; provided that if such Purchaser fails to provide
any documentation described in clause (i) or (ii) hereof, Borrower or Agent shall be entitled to withhold all amounts required
to comply with FATCA, by setoff or otherwise. Each of Agent and Borrower shall provide notice to the other party in the event Agent
or Borrower, as applicable, reasonably determines that a Purchaser (and/or any participant of such Purchaser) is not complying
with the requirements of FATCA (including the reporting requirements contained in Section 1471(b) or 1472(b) of the IRC, as applicable);
provided that failure to provide such notice shall not result in liability to either party. If, at any time, Agent or Borrower
reasonably believe that a Purchaser and/or its participant is not complying with the requirements of FATCA (including the reporting
requirements contained in Section 1471(b) or 1472(b) of the IRC, as applicable), Agent or Borrower may withhold all amounts required
to comply with FATCA, by setoff or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Refunds</U>.
If any party determines, in its sole discretion exercised in good faith, that it has received a refund of any taxes as to which
it has been indemnified pursuant to this <U>Section 2.7</U> (including by the payment of additional amounts pursuant to this <U>Section
2.7</U>), it shall pay to the indemnifying party an amount equal to such refund (but only to the extent of indemnity payments made
under this Section with respect to the taxes giving rise to such refund), net of all out-of-pocket expenses (including taxes) of
such indemnified party and without interest (other than any interest paid by the relevant Governmental Authority with respect to
such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount
paid over pursuant to this paragraph (D) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority)
in the event that such indemnified party is required to repay such refund to such Governmental Authority. This paragraph shall
not be construed to require any indemnified party to make available its Tax returns (or any other information relating to its Taxes
that it deems confidential) to the indemnifying party or any other person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
party&rsquo;s obligations under this <U>Section&nbsp;2.7</U> shall survive the replacement of a Purchaser and the repayment, satisfaction
or discharge of all Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>CONDITIONS TO PURCHASE OF NOTES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Date</U>. The effectiveness of this Agreement and the obligations of each Purchaser to purchase the Notes on the Closing Date,
are subject to satisfaction of all of the terms and conditions set forth below, except to the extent that any of the following
items are permitted to be delivered by a date after the Closing Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Note
Documents</U>. Agent shall have received, in form and substance reasonably satisfactory to Agent and the Purchasers, this Agreement,
the Fee Letter, the Security Documents and certificates evidencing any stock being pledged hereunder, together with undated stock
powers executed in blank, and all other Note Documents, each duly executed by the applicable parties thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Security
Interests</U>. Agent shall have received satisfactory evidence that all security interests and liens granted to Agent for the benefit
of Agent and the other Secured Parties pursuant to the Security Documents or the other Note Documents have been duly perfected
liens on the Collateral to the extent such perfection is required hereunder or under any other Note Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. The representations and warranties contained herein and in the other Note Documents shall be true and correct
in all material respects (or in all respects with respect to any representation or warranty which by its terms is limited as to
materiality, in each case, after giving effect to such qualification) on and as of the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Fees</U>.
The Borrower shall have paid all fees due to Agent or any Purchaser and payable on the Closing Date, including, without limitation,
all fees payable under the Fee Letter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>. No event shall have occurred and be continuing or would result from purchasing a Note that would constitute an Event
of Default or a Default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Performance
of Agreements</U>. Each Note Party shall have performed in all material respects all agreements and satisfied all conditions which
any Note Document provides shall be performed by it on or before the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Prohibition</U>. No order, judgment or decree of any court, arbitrator or Governmental Authority shall purport to enjoin or restrain
Agent or any Purchaser from purchasing any Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(H)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
Direction Letter; Funds Flow Memorandum; Etc</U>. Agent shall have received a letter of direction from the Borrower directing where
the proceeds of the Notes are to be made and attaching a funds-flow memorandum setting forth the sources and uses of such proceeds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(I)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Corporate
Documents</U>. Agent and Purchasers shall have customary corporate resolutions, certificates and similar documents as the Agent
or any Purchasers shall reasonably require, which shall be, as applicable, certified by the applicable Governmental Authority as
of a recent date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(J)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TS
Acquisition Documents</U>. Agent and the Purchasers have received complete copies of all applicable TS Acquisition Documents (including
all exhibits, schedules and disclosure letters referred to therein or delivered pursuant thereto, if any) and all amendments thereto,
waivers relating thereto and other side letters or agreements affecting the terms thereof. Each of the foregoing shall be in form
and substance reasonably satisfactory to Agent and the Purchasers and none of such documents and agreements shall have been amended
or supplemented, nor shall have any of the provisions thereof been waived, except pursuant to a written agreement or instrument
which has heretofore been delivered to, and approved in writing by, Agent and the Purchasers. Each of the conditions precedent
to the execution of the TS Acquisition Documents to be executed on the Closing Date shall have been satisfied to the reasonable
satisfaction of Agent and Purchasers, and not waived, except with the consent of Agent and the Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(K)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Documents</U>. Agent and Purchasers shall have received such other documents as Agent, any Purchaser or their respective counsel
may have reasonably requested.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>REPRESENTATIONS, WARRANTIES AND CERTAIN COVENANTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">To induce Agent and
each Purchaser to enter into the Note Documents and to purchase the Notes, each Note Party represents, warrants and covenants to
Agent and each Purchaser that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization,
Powers, Capitalization</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization
and Powers</U>. The Borrower and each of its Subsidiaries (i)&nbsp;is an entity duly organized, incorporated or established (as
the case may be), validly existing and, to the extent applicable, in good standing under the laws of its jurisdiction of organization,
incorporation or establishment (as the case may be), (ii)&nbsp;is qualified to do business in all states, provinces and other jurisdictions
where such qualification is required except where failure to be so qualified could not reasonably be expected to have a Material
Adverse Effect, and (iii)&nbsp;has all requisite power and authority to (x)&nbsp;own and operate its properties, to carry on its
business as now conducted and proposed to be conducted and (y)&nbsp;to enter into each Note Document to which it is a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Capitalization</U>.
The authorized capital stock or other Equity Interests of the Borrower and the other Note Parties as of the date hereof is as set
forth on <U>Schedule 4.1(B)</U>. As of the Closing Date, the jurisdiction of organization, incorporation or establishment (as the
case may be), owner of outstanding equity interests and percentage of outstanding equity interests held by owner with respect to
the Borrower and its Subsidiaries is as set forth on <U>Schedule 4.1(B)</U> and <U>Schedule 4.1(B)</U> includes all preemptive
or other outstanding rights, options, warrants, conversion rights or similar agreements or understandings for the purchase or acquisition
from the Borrower or any of its Subsidiaries of any shares of capital stock or other Equity Interests of any such entity as of
the Closing Date. All issued and outstanding shares of capital stock or other Equity Interests of Borrower and each Subsidiary
is duly authorized and validly issued, fully paid, non-assessable (if applicable), free and clear of all Liens other than Permitted
Encumbrances, and such Equity Interests were issued in compliance with all applicable state, provincial, federal and foreign laws
concerning the issuance of securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authorization
of Borrowing, No Conflict</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Note Party has the power and authority to incur the Obligations and to grant security interests in the Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
the Closing Date, the execution, delivery and performance of the Note Documents by each Note Party signatory thereto will have
been duly authorized by all necessary company and shareholder action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
execution, delivery and performance by each Note Party of each Note Document to which it is a party and the consummation of the
transactions contemplated by the Note Documents by each Note Party (i)&nbsp;do not contravene any material Applicable Law or the
corporate charter or bylaws or other organizational documents of any Note Party, (ii)&nbsp; will not result in or require the creation
or imposition of any Lien of any nature whatsoever upon any properties or assets of the Borrower or any of its Subsidiaries, other
than liens created by the Note Documents in favor of the Agent, and (iii)&nbsp;do not require any approval of the interest holders
of any Note Party or any approval or consent of any Person under any material contractual obligation of any Note Party, other than
consents or approvals that have been obtained and that are still in force and effect or that will be obtained after the date hereof
to the extent set forth in <U>Schedule 5.8</U>, or the failure of which to obtain would not reasonably be expected to have, either
individually or in the aggregate, a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Note Documents are the legally valid and binding obligations of the Note Parties party thereto, each enforceable against the Note
Parties party thereto in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy,
insolvency, or similar laws affecting the enforcement of creditors&rsquo; rights generally or by equitable principles relating
to enforceability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Solvency</U>.
After giving effect to the Transactions, (a)&nbsp;the fair value of the assets of the Borrower and its Subsidiaries, on a consolidated
basis, exceeds, on a consolidated basis, their debts and liabilities (whether subordinated, contingent or otherwise), (b)&nbsp;the
present fair saleable value of the property of the Borrower and its Subsidiaries, on a consolidated basis, is greater than the
amount that will be required to pay their debts and other liabilities (whether subordinated, contingent or otherwise), on a consolidated
basis, as such debts and other liabilities become absolute and matured, (c)&nbsp;the Borrower and its Subsidiaries, on a consolidated
basis, are able to pay their debts and liabilities (whether subordinated, contingent or otherwise), as such liabilities become
absolute and matured, and (d)&nbsp;the Borrower and its Subsidiaries, on a consolidated basis, are not engaged in, and are not
about to engage in, business for which they have unreasonably small capital.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Insurance</U>.
The Borrower and each of its Subsidiaries maintains and shall continue to maintain adequate insurance policies and shall provide
Agent with evidence of such insurance coverage for liability, property damage, and business interruption with respect to its business
and properties against loss or damage of the kinds customarily carried or maintained by corporations of established reputation
engaged in similar businesses and on such terms and in such amounts reasonably acceptable to Agent. Each Note Party shall cause
Agent at all times to be named as lender loss payee and additional insured, as applicable, on all insurance policies and shall
insure that Agent receives notice of cancellation with respect to all such insurance policies, in each case pursuant to appropriate
endorsements in form and substance reasonably satisfactory to Agent and shall collaterally assign to Agent, for itself and on behalf
of the other Secured Parties, as security for the payment of the Obligations all business interruption insurance of each Note Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws; Government Authorizations; Consents</U>. Neither the Borrower nor any of its Subsidiaries is in violation of any law,
ordinance, rule, regulation, order, policy, guideline or other requirement of (a)&nbsp;any Governmental Authority in all jurisdictions
in which the Borrower or any of its Subsidiaries is now doing business, and (b)&nbsp;any Governmental Authority otherwise having
jurisdiction over the conduct of the Borrower or any of its Subsidiaries or any of their respective businesses, or the ownership
of any of their respective properties, in any case, which violation would subject the Borrower or any of its Subsidiaries, or any
of their respective officers to criminal liability could reasonably be expected to result in a material liability to the Borrower
and its Subsidiaries and no such violation has been alleged in writing. The Borrower and each of its Subsidiaries will comply with
the requirements of all Applicable Laws, ordinances, rules, regulations, orders, policies, guidelines or other requirements of
(a)&nbsp;any Governmental Authority as now in effect and which may be imposed in the future in all jurisdictions in which the Borrower
or any of its Subsidiaries is now doing business or may hereafter be doing business, and (b)&nbsp;any government authority otherwise
having jurisdiction over the conduct of the Borrower or any of its Subsidiaries or any of their respective businesses, or the ownership
of any of its respective properties, except to the extent the noncompliance with which could reasonably be expected to result in
a material liability to the Borrower and its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governmental
Regulation</U>. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Federal Power Act or the Investment
Company Act of 1940 or to any federal or state statute or regulation limiting its ability to incur indebtedness for borrowed money.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Access
to Accountants and Management</U>. The Borrower, on behalf of itself and each of its Subsidiaries, authorizes Agent and Purchasers
to discuss the financial condition and financial statements of the Borrower and its Subsidiaries with Note Parties&rsquo; accountants
upon reasonable notice to Note Parties of its intention to do so, and authorizes Note Parties&rsquo; accountants to respond to
all of Agent&rsquo;s and any Purchaser&rsquo;s inquiries; provided however, Agent and/or the Purchasers shall submit such inquiries
to Borrower prior to contacting any such representatives, and Borrower shall be present at all times during any such discussions.
Agent and each Purchaser may, confer at reasonable times during normal business hours with the Borrower and its Subsidiaries&rsquo;
senior management and key employees directly regarding the Borrower and its Subsidiaries&rsquo; business, operations and financial
condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Inspection</U>.
Each Note Party shall, and the Borrower shall cause each of its Subsidiaries to, permit Agent and any authorized representatives
designated by Agent to visit and inspect any of the properties of any Note Party or any Subsidiary, including their financial and
accounting records, and, in conjunction with such inspection, to make copies and take extracts therefrom, and to discuss their
affairs, finances and business with their officers and the Note Parties&rsquo; accountants, at such reasonable times during normal
business hours. If any of the properties, books or records of any Note Party or any Subsidiary are in the possession of a third
party, each of the Borrower and such Subsidiary authorizes that third party to permit any Person designated by Agent in writing
or any agents thereof to have access to perform inspections or audits and to respond to Agent&rsquo;s request for information concerning
such property, books and records to the same extent as if such information was held by such Note Party or Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Control
Agreements</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Within
twenty (20) days after the Closing Date, each Note Party shall cause each of its Deposit Accounts (other than Excluded Accounts),
lockbox accounts and securities accounts to be subject to a &ldquo;springing&rdquo; account control agreement in form and substance
reasonably satisfactory to Agent (a &ldquo;<U>Control Agreement</U>&rdquo;). No Note Party will open any new Deposit Accounts,
lockbox account or securities account (other than &ldquo;Excluded Accounts&rdquo;) unless a Control Agreement is entered into concurrently
with the opening thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
account debtors or other payment obligors of such Note Party shall be directed to directly remit all payments on each Note Party&rsquo;s
Accounts directly to a Deposit Account subject to a Control Agreement and each Note Party will immediately deposit in a Deposit
Account subject to a Control Agreement all payments received from account debtors or other payments constituting proceeds of Collateral
received by such Note Party in the identical form in which such payment was made, whether by cash or check.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agent
agrees that it shall only be permitted to give instructions or directions under any Control Agreement after the occurrence and
during the continuance of an Event of Default. In addition, if the Event of Default giving rise to such instructions is cured or
waived, as applicable, and no other Event of Default exists at such time, Agent shall give notice to the applicable bank canceling
instructions provided in accordance with this <U>Section 4.9</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Note Party hereby agrees that all payments made to any Deposit Account, securities account or otherwise received by Agent and whether
on the Accounts or as proceeds of other Collateral or otherwise, in each case, to the extent constituting Collateral, will be subject
to the Lien of Agent, for the benefit of itself and the other Secured Parties. If any Note Party, or any of their respective Affiliates,
employees, agents or any other Persons acting for or in concert with such Note Party, shall receive any monies, checks, notes,
drafts or any other payments relating to and/or proceeds of any Note Party&rsquo;s Accounts or other Collateral, such Note Party
or such Person shall hold such instrument or funds in trust for Agent, and immediately upon receipt thereof, shall remit the same
or cause the same to be remitted, in kind, to a Deposit Account subject to a Control Agreement and, if requested by Agent after
the occurrence and during the continuance of an Event of Default, to Agent at its address set forth in <U>Section 11.3</U> below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Taxes by Agent</U>. If any of the Collateral includes a charge for any Tax payable to any Governmental Authority, Agent is hereby
authorized (but in no event obligated) in its reasonable discretion and upon reasonable prior notice to Borrower (so as to afford
the Borrower the opportunity to pay or contest such Tax) to pay the amount thereof to the proper Governmental Authority for the
account of any Note Party and to charge the Note Party&rsquo;s account therefore.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Anti-Terrorism
Laws; OFAC; FCPA</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Borrower nor any of its Subsidiaries is in violation of any Anti-Terrorism Law or engages in any transaction that evades or
avoids or attempts to violate any of the Anti-Terrorism Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Borrower nor any of its Subsidiaries is any of the following (each a &ldquo;<U>Blocked Person</U>&rdquo;): (A)&nbsp;a Person
that is prohibited pursuant to any of the OFAC Sanctions Programs, including a Person named on OFAC&rsquo;s list of Specially Designated
Nationals and Blocked Persons; (B)&nbsp;a Person that is owned or controlled by, or that owns or controls any Person described
in (A) above; or (C)&nbsp;a Person with which any Purchaser is prohibited from dealing or otherwise engaging in any transaction
by any Anti-Terrorism Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Borrower nor any of its Subsidiaries deals in, or otherwise engages in any transaction relating to, any property or interests
in property blocked pursuant to any OFAC Sanctions Programs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
part of the proceeds of the Notes will be used, directly or, to the Borrower knowledge, indirectly, for any payments to any governmental
official or employee, political party, official of a political party, candidate for political office, or anyone else acting in
an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United
States Foreign Corrupt Practices Act of 1977, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Security
Documents</U>. Except as otherwise contemplated hereby or under any other Note Document, the provisions of the Security Documents,
together with such filings and other actions required to be taken hereby or by the applicable Security Documents, are effective
to create in favor of the Agent, for the benefit of the Secured Parties, a legal, valid, enforceable and perfected Lien on all
right, title and interest of the respective Note Parties in the Collateral described therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Offer
of Notes</U>. Assuming (i)&nbsp;the Notes are issued, sold and delivered under the circumstances contemplated by this Agreement
and (ii)&nbsp;the accuracy of the representations and warranties of Purchasers set forth in <U>Section 11.22(A)</U> and their compliance
with the agreements set forth herein and therein, it is not necessary in connection with the offer, sale and delivery of the Notes
to Purchasers in the manner contemplated by this Agreement to register the Notes under the Securities Act. No Note Party has, directly
or indirectly, offered, sold or solicited any offer to buy, and no Note Party will, directly or indirectly, offer, sell or solicit
any offer to buy, any security of a type or in a manner which would be integrated with the sale of the Notes and require the Notes
to be registered under the Securities Act. None of the Note Parties, their respective Affiliates or any Person acting on any of
their behalf (other than Purchasers, as to whom the Note Parties make no representation or warranty) has engaged or will engage
in any form of general solicitation or general advertising (within the meaning of Rule 502(c) under the Securities Act) in connection
with the offering of the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>REPORTING AND OTHER AFFIRMATIVE COVENANTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Note Party covenants
and agrees that so long as any of the Obligations remain outstanding (other than contingent indemnification obligations to the
extent no claims giving rise thereto have been asserted by the Person entitled thereto), each Note Party shall perform all covenants
in this <U>Section 5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices
and Reports</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TS
Acquisition</U>. Concurrently with delivery of any notices to any other party under the TS Acquisition Agreement, TS Escrow Agreement,
or any other TS Acquisition Document, the Note Party shall deliver a copy thereof to the Agent. Promptly upon receipt of any notice
from any other party under the TS Acquisition Agreement, TS Escrow Agreement, or any other TS Acquisition Document, the Note Party
shall deliver a copy thereof to the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Material
Occurrences</U>. The Borrower shall promptly notify Agent and Purchasers in writing upon the occurrence of (a)&nbsp;any Event of
Default or Default with such notice stating that it is a &ldquo;Notice of Default&rdquo;; (b)&nbsp; each and every default by any
Note Party or any Subsidiary which might result in the acceleration of the maturity of any Indebtedness having an outstanding principal
amount in excess of $500,000 individually or $1,000,000 in the aggregate, including the names and addresses of the holders of such
Indebtedness with respect to which there is a default existing or with respect to which the maturity has been or could be accelerated,
and the amount of such Indebtedness; and (c)&nbsp;any other development in the business or affairs of any Note Party or any Subsidiary
which could reasonably be expected to have a Material Adverse Effect; in each case describing the nature thereof and the action
such Note Party or such Subsidiary propose to take with respect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Litigation</U>.
The Borrower shall promptly notify Agent and the Purchasers in writing of any litigation, suit or administrative proceeding affecting
the Borrower or any of its Subsidiaries, whether or not the claim is covered by insurance, and of any suit or administrative proceeding,
(i)&nbsp;in which the amount of damages claimed is in excess of $500,000 individually or $1,000,000 in the aggregate, (ii)&nbsp;in
which injunctive or similar relief is sought and which, if adversely determined, could reasonably be expected to have a Material
Adverse Effect, or (iii)&nbsp;in which the relief sought is an injunction or other stay of the performance of this Agreement or
any other Note Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
Notices</U>. The Borrower shall promptly notify Agent and the Purchasers in writing of any &ldquo;default&rdquo; or &ldquo;event
of default&rdquo; under any of the documents governing the Sallyport Indebtedness or any Subordinated Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Reports</U>. The Borrower shall furnish Agent and the Purchasers as soon as available, but in any event within five (5) days after
the issuance thereof, with (copies of all material notices sent to or from the holders of the Sallyport Indebtedness, the Subordinated
Debentures or any other holders of Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Information</U>. The Borrower shall furnish Agent and Purchases with such additional information as Agent or any Purchaser shall
reasonably request in order to enable Agent to determine whether the terms, covenants, provisions and conditions of this Agreement
have been complied with by the Borrower and its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>SEC
Filings</U>. Promptly upon transmission thereof, the Borrower shall furnish to Agent copies of all registration statements (without
exhibits) and all reports, if any, which it files with the SEC (or any Governmental Authority or agency succeeding to the functions
of the SEC).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Beneficial
Ownership.</U> At any time or from time to time upon the request of Agent, each Note Party will, at its expense, promptly provide
Purchasers with any information and documentation reasonably requested for purposes of compliance with the Beneficial Ownership
Regulation or other applicable anti-money laundering laws under 31 U.S.C. 5318(h) and its implementing regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>[Reserved.]</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Proceeds and Margin Security</U>. The Borrower will only use the proceeds of the Notes as follows: (i)&nbsp;$16,500,000 of such
proceeds will be deposited with Citibank, N.A. pursuant to the TS Escrow Agreement to be used as the consideration for the TS Acquisition,
(ii)&nbsp;$1,135,000 of such proceeds will be used to pay fees and expenses associated with the Transactions, (iii) $400,000 of
such proceeds will be reserved by the Borrower to pay the interest which will become due and payable hereunder (such reserved amount
to be held in a Deposit Account of the Borrower which, within twenty (20) days after the Closing Date, is subject to a Control
Agreement), and (iv) the remainder will be used for general corporate purposes of the Borrower. The Borrower shall use the proceeds
of all Notes for proper business purposes consistent with all Applicable Laws, statutes, rules and regulations. No portion of the
proceeds of any Note shall be used for the purpose of purchasing or carrying margin stock within the meaning of Regulation U, or
in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T or Regulation X or any
other regulation of the Board of Governors of the Federal Reserve System or to violate the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maintenance
of Properties and Existence</U>. The Note Parties shall, and shall cause their respective Subsidiaries to, maintain and preserve
all of their respective material properties (including as relates to Intellectual Property) which are necessary or useful in the
proper conduct of their business in good working order and condition, ordinary wear and tear excepted and make or cause to be made
all appropriate repairs, renewals and replacements thereof, and comply at all times with the provisions of all material leases
to which it is a party as lessee, so as to prevent any loss or forfeiture thereof or thereunder, in each case. Each Note Party
will and shall cause each of its Subsidiaries to (i)&nbsp;maintain and preserve and maintain in full force and effect its organizational
existence and good standing under the laws of its jurisdiction of incorporation, organization or formation, and (ii)&nbsp;maintain
rights, privileges, permits, licenses, authorizations and approvals, and become or remain duly qualified and in good standing in
each jurisdiction in which the character of the properties owned or leased by such Note Party or in which the transaction of its
business makes such qualification necessary, in each case under this clause (ii), except where the failure to do so could not reasonably
be expected to result in a Material Adverse Effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Guarantors; Collateral; Further Assurances</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower shall promptly notify the Agent when, and provide evidence satisfactory to the Agent that, the conditions to the consummation
of the TS Acquisition (including the requisite stockholder consent) have been satisfied. Substantially concurrently with the consummation
of the TS Acquisition, the Borrower shall cause TheStreet (as the surviving entity in such merger) to become a Guarantor hereunder
and cause TheStreet to execute and deliver (x)&nbsp;a joinder agreement in form and substance satisfactory to Agent, (y)&nbsp;each
document that would have been required by <U>Section 3.1</U> to be delivered to Agent with respect to such Subsidiary had such
Subsidiary been a Guarantor on the Closing Date, and (z)&nbsp;such other documents as Agent may reasonably request, all such documents
to be in form and substance reasonably satisfactory to Agent and the Requisite Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
limiting the foregoing clause (A), it is the intent of the parties that any other Subsidiary that is established, created or acquired
by the Borrower or any other Note Party after the Closing Date become a Guarantor hereunder. Note Parties shall cause any such
Subsidiary to become a Guarantor hereunder concurrently with the creation or acquisition thereof and shall cause such Subsidiary
to execute and deliver (x)&nbsp;a joinder agreement in form and substance satisfactory to Agent, (y)&nbsp;each document that would
have been required by <U>Section 3.1</U> to be delivered to Agent with respect to such Subsidiary had such wholly-owned Subsidiary
been a Guarantor on the Closing Date, and (z)&nbsp;such other documents as Agent may reasonably request, including opinions of
counsel, all such documents to be in form and substance reasonably satisfactory to Agent and the Requisite Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Note Parties acknowledge that it is their intention to provide Agent with a Lien on all of the Collateral, subject only to Liens
permitted hereunder. The Note Parties shall from time to time promptly notify Agent of the acquisition by any Note Party of any
material property constituting Collateral in which Agent does not then hold a perfected Lien, or the creation or existence of any
such property constituting Collateral, and such Person shall, upon request by Agent, promptly, and in any event within 5 days of
such request, execute and deliver to Agent or cause to be executed and delivered to Agent pledge agreements, security agreements,
or other like agreements with respect to such property, together with such other documents, certificates, opinions of counsel and
the like as Agent shall reasonably request in connection therewith, in form and substance reasonably satisfactory to Agent, such
that Agent shall receive valid and perfected Liens with respect to Collateral on all such property constituting Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
limiting the foregoing, the Note Parties shall (and, subject to the extent applicable hereinafter set forth, shall cause each of
their Subsidiaries to) take such additional actions and execute such documents as the Agent or Requisite Purchasers may reasonably
require from time to time in order to carry out more effectively the purposes of this Agreement or any other Note Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">5.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Investment
Banker</U>. The Borrower agrees that the Borrower shall retain B. Riley as the Borrower&rsquo;s exclusive investment banker in
connection with any effort by the Borrower to issue Equity Interests or borrow money or to enter into any merger, sale or acquisition
transaction so long as such engagement is on commercial terms substantially consistent with those in the investment banking industry
required by firms of similar scope of operations in the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt; font-weight: normal"><U>Post-</U></FONT><U>Closing
<FONT STYLE="font-size: 10pt; font-weight: normal">Obligations</FONT></U>. The Borrower shall deliver, or cause to be delivered,
the agreements, instruments and other documents set forth on <U>Schedule 5.8</U> within the applicable time periods specified therein
or in each case, such later date as may be agreed by the Agent in its sole discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>[RESERVED]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>NEGATIVE COVENANTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Note Party covenants
and agrees that so long as any of the Obligations remain outstanding (other than contingent indemnification obligations to the
extent no claims giving rise thereto have been asserted by the Person entitled thereto), such Note Party shall not, and will not
permit any of its Subsidiaries to, violate any of the covenants set forth in this <U>Section 7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indebtedness
and Liabilities</U>. No Note Party will, or will permit any Subsidiary to, directly or indirectly create, incur, assume, guaranty,
or otherwise become or remain directly or indirectly liable, on a fixed or contingent basis, with respect to any Indebtedness except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness
existing on the Closing Date and identified on <U>Schedule 7.1</U>, but not any extensions, renewals or replacements of such Indebtedness
except (i)&nbsp;renewals and extensions expressly provided for in the agreements evidencing any such Indebtedness as the same are
in effect on the date of this Agreement, and (ii)&nbsp;refinancings and extensions of any such Indebtedness if the terms and conditions
thereof, taken as a whole, are not less favorable to the obligor thereon than the Indebtedness being refinanced or extended, and
the weighted average life to maturity thereof is greater than or equal to that of the Indebtedness being refinanced or extended;
<U>provided</U>, such Indebtedness permitted under the immediately preceding clause (i) or (ii) above shall not (x)&nbsp;include
Indebtedness of an obligor that was not an obligor with respect to the Indebtedness being extended, renewed or refinanced, or (y)&nbsp;exceed
in a principal amount the Indebtedness being renewed, extended or refinanced (plus an amount equal to any unpaid accrued interest
and premiums thereunder and other fees and expenses incurred in connection with such refinancing or extension);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness
in the form of guarantees permitted by <U>Section 7.2</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness
consisting of customer deposits received by a Note Party or any Subsidiary in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness
consisting of intercompany loans permitted by <U>Section 7.4</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness
of the Borrower arising under the Sallyport Indebtedness Documents in an aggregate principal amount not to exceed $3,500,000;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness
of the Borrower arising under the Subordinated Debentures in an aggregate principal amount of $15,205,528, <I>less </I>any principal
payments of such Indebtedness made on or after the date hereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(H)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness
arising from the honoring by a bank or other financial institution of a check, draft or similar instrument drawn against insufficient
funds in the ordinary course of business, provided that such Indebtedness is extinguished within ten (10) Business Days after its
incurrence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantees</U>.
Neither any Note Party nor any of its Subsidiaries will guaranty, endorse, or otherwise in any way become or be responsible for
any obligations of any other Person, whether directly or indirectly by agreement to purchase the indebtedness of any other Person
or through the purchase of goods, supplies or services, or maintenance of working capital or other balance sheet covenants or conditions,
or by way of stock purchase, capital contribution, advance or loan for the purpose of paying or discharging any indebtedness or
obligation of such other Person or otherwise, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
provided under the Note Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
endorsements of instruments or items of payment for collection in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;guarantees
by Note Parties of the obligations of other Note Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;guarantees
existing as of the Closing Date and listed in <U>Schedule 7.2(D)</U>, including extension and renewals thereof which do not increase
the amount of such guarantees as of the date of such extension or renewal (plus an amount equal to any unpaid accrued interest
and premiums thereunder and other fees and expenses incurred in connection with such refinancing or extension);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;guarantees
incurred in the ordinary course of business with respect to leases and other obligations not constituting Indebtedness; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;guarantees
arising with respect to customary indemnification obligations in favor of (i)&nbsp;sellers in connection with acquisitions permitted
hereunder and (ii)&nbsp;purchasers in connection with dispositions permitted hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transfers,
Liens and Related Matters</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transfers</U>.
No Note Party will, or will permit any of its Subsidiaries to, sell, assign (by operation of law or otherwise) or otherwise dispose
of, or grant any option with respect to any of the Collateral or the assets of any Note Party or any of its Subsidiaries, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;dispositions
of Inventory in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;dispositions
of cash in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;dispositions
of (i)&nbsp;obsolete or worn out property and assets in the ordinary course of business, or (ii)&nbsp;property or assets no longer
used or useful in the conduct of the business of the Borrower or its Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;licenses,
sublicenses, leases or subleases (excluding Intellectual Property license) granted to third parties in the ordinary course of business
and not materially interfering with the business of the Borrower and any of its Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;licensing
or sublicensing on a non-exclusive basis of Intellectual Property in the ordinary course of business; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(6)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;dispositions
from any Note Party to any other Note Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><U>provided however</U>,
no dispositions of Intellectual Property made to any Person (other than a Note Party) shall constitute a disposition permitted
hereunder unless such disposition is subject to a non-exclusive royalty-free license of such Intellectual Property in favor of
the Agent for use in connection with the exercise of rights and remedies of the Secured Parties under the Note Documents in respect
of the Collateral, which license shall be substantially similar to the license described in Section 7.5(c) of the Security Agreement
(or otherwise reasonably satisfactory to the Agent and the Requisite Purchasers).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Liens</U>.
Except for Permitted Encumbrances, no Note Party will, or will permit any of its Subsidiaries to, directly or indirectly create,
incur, assume or permit to exist any Lien on or with respect to any of the Collateral or any other assets or any proceeds, income
or profits therefrom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Negative Pledges</U>. No Note Party will, or will permit any of its Subsidiaries to enter into or assume any agreement (other than
(i)&nbsp;the Note Documents, (ii)&nbsp;the Sallyport Indebtedness Documents, (iii) the Subordinated Debentures, and (iv)&nbsp;any
instrument or other document evidencing a Permitted Encumbrance (or the Indebtedness secured thereby) restricting on customary
terms the transfer of any property or assets subject to such Permitted Encumbrance) prohibiting the creation or assumption of any
Lien upon its properties or assets, whether now owned or hereafter acquired.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Restrictions on Subsidiary Distributions to Note Parties</U>. No Note Party will, or will permit any of its Subsidiaries to, directly
or indirectly create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any
kind on the ability of any such Subsidiary to directly or indirectly: (i)&nbsp;pay dividends or make any other distribution on
any of such Subsidiary&rsquo;s Equity Interests owned by a Note Party; (ii)&nbsp;pay any indebtedness owed to a Note Party; (iii)&nbsp;make
loans or advances to a Note Party; or (iv)&nbsp;transfer any of its property or assets to a Note Party; provided that the foregoing
shall not apply to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;restrictions
and conditions imposed by Applicable Law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;restrictions
and conditions under the Note Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;restrictions
and conditions existing on the Closing Date and listed on <U>Schedule 7.3(D)</U> and any extensions, renewals, refinancings, replacements,
refundings, or modifications thereon (so long as any such extensions, renewals, refinancings, replacements, refundings, or modifications
do not make any restriction or condition less favorable to the Borrower or any of its Subsidiaries in any material respect);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;restrictions
and conditions imposed by organizational documents as of the Closing Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;customary
restrictions and conditions contained in agreements relating to the sale of a Subsidiary pending such sale and pertaining only
to such Subsidiary; provided that such sale is permitted hereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(6)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;customary
restrictions and conditions contained in agreements relating to a disposition of assets permitted by this agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(7)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;restrictions
and conditions that were binding on a Subsidiary or assets at the time such Subsidiary or assets were acquired, so long as such
restrictions and conditions were not entered into in contemplation of this provision;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(8)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;customary
restrictions or conditions imposed by an agreement governing Indebtedness permitted hereunder; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(9)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;customary
provisions in leases, licenses and other agreements restricting subletting, sublicensing or assignments, including the granting
of a Lien.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investments
and Loans</U>. No Note Party will, or will permit any of its Subsidiaries to, make or permit to exist investments in or loans to
any other Person, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;loans
and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an
aggregate outstanding amount not in excess of $50,000 at any time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;loans
and investments by a Note Party to or in another Note Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;loans
and investments by Subsidiaries that are not Note Parties to or in other Subsidiaries that are not Note Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restricted
Junior Payments permitted under <U>Section 7.5</U> that constitute investments;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;loans
and investments existing on the Closing Date and set forth on <U>Schedule 7.4(E)</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
TS Acquisition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
creation of wholly-owned Subsidiaries, subject to compliance with the terms of <U>Sections 5.6</U>; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(H)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;other
investments in an outstanding amount not to exceed $100,000 in the aggregate at any time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><U>provided however</U>,
with respect to any investment consisting of Intellectual Property, such investment of Intellectual Property in any Person (other
than a Note Party) shall not constitute an investment permitted hereunder unless such investment is subject to a non-exclusive
royalty-free license of such Intellectual Property in favor of the Agent for use in connection with the exercise of rights and
remedies of the Secured Parties under the Note Documents in respect of the Collateral, which license shall be substantially similar
to the license described in Section 7.5(c) of the Security Agreement (or otherwise reasonably satisfactory to the Agent and the
Requisite Purchasers).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restricted
Junior Payments</U>. No Note Party will directly or indirectly declare, order, pay, make or set apart any sum for any Restricted
Junior Payment, except that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Note
Parties and their Subsidiaries may make distributions to Note Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower may, and the other Note Parties and their Subsidiaries may make distributions to the Borrower to allow the Borrower to,
repurchase its (or its direct or indirect parent) Equity Interests from directors, executive officers, members of management or
employees of the Borrower and its Subsidiaries upon the death, disability, retirement or termination of such directors, executive
officers, members of management or employees, so long as no Default or Event of Default is then existing or would be created thereby
and the aggregate amount of cash expended by the Borrower does not exceed $10,000 in the aggregate after the Closing Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Note
Parties and their Subsidiaries may make payments of interest and principal with respect to intercompany indebtedness incurred from
a Note Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsidiaries
that are not Note Parties may make payments of interest and principal with respect to intercompany indebtedness incurred from another
Subsidiary that is not a Note Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Note
Parties and their Subsidiaries may make payments permitted by <U>Section 7.8(B)</U>; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Note
Parties may make payments of principal, interest and other amounts with respect to Subordinated Indebtedness to the extent expressly
permitted under the terms of the applicable Subordination Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restriction
on Fundamental Changes</U>. No Note Party will, or will permit any of its Subsidiaries to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;enter
into any transaction of merger or consolidation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;liquidate,
wind-up or dissolve itself (or suffer any liquidation or dissolution); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as permitted by <U>Section 7.3</U>, convey, sell, lease, sublease, transfer or otherwise dispose of, in one transaction or a series
of transactions, all or any substantial part of its business or assets, or the Equity Interests of any of its Subsidiaries, whether
now owned or hereafter acquired,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><U>provided</U>, <U>however</U>,
with respect to each of the foregoing clauses (A), (B) and (C):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;Note
Parties may merge with and into each other and/or into the Borrower, so long as, in the case of a merger with the Borrower, Borrower
is the surviving entity, or (ii)&nbsp;Note Parties (other than the Borrower) may convey all or substantially all of their assets
to each other or to the Borrower, or (iii)&nbsp;Note Parties (other than the Borrower) may liquidate, wind-up or dissolve, so long
as any assets of such Note Party are transferred to another Note Party; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in">(y) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TST
AcquisitionCo may merge with TheStreet in connection with the TS Acquisition, subject to compliance with <U>Section 5.6(A)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Division</U>.
Notwithstanding anything herein or any other Note Document to the contrary, no Note Party that is a limited liability company may
divide itself into two or more limited liability companies or series thereof (pursuant to a &ldquo;plan of division&rdquo; as contemplated
under the Delaware Limited Liability Company Act or otherwise) without the prior written consent of the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transactions
with Affiliates</U>. Except as expressly permitted by <U>Section 7.5</U>, no Note Party shall, nor shall it permit any of its Subsidiaries
to, directly or indirectly, enter into or permit to exist any transaction (including the purchase, sale, lease or exchange of any
property or the rendering of any service) with any Affiliate of the Borrower; <U>provided</U>, <U>however</U>, that the Note Parties
and their Subsidiaries may enter into or permit to exist any such transaction if the terms of such transaction are not less favorable
to such Note Party or that Subsidiary, as the case may be, than those that might be obtained at the time from a Person who is not
an Affiliate; <U>provided further</U> that the foregoing restrictions shall not apply to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
transaction among any two or more Note Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;reasonable
and customary fees paid to members of the board of directors (or similar governing body) of the Note Parties and their Subsidiaries
that are not employees of any of the Note Parties or their Subsidiaries; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;transactions
described in <U>Schedule 7.8</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct
of Business</U>. From and after the Closing Date, the Borrower will not, and will not permit any of its Subsidiaries to, engage
in any business other than businesses of the type engaged in by the Borrower and its Subsidiaries on the Closing Date and the TheStreet
on the Closing Date, and, in either case, other businesses reasonably related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Tax
Consolidations</U>. No Note Party will file or consent to the filing of any consolidated income tax return with any Person other
than the Borrower, the Note Parties and their Subsidiaries unless required by Applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TS
Acquisition Documents</U>. No Note Party will amend, modify or change the terms of any TS Acquisition Document without the prior
written consent of the Agent. No Note Party will deliver any Joint Release Instruction under (and as defined in) the TS Escrow
Agreement without the prior written consent of the Agent; <U>provided however</U>, in the event that such Joint Release Instructions
are being delivered to release the escrowed funds solely to pay the consideration under the TS Acquisition Agreement after the
occurrence of the Effective Time pursuant to (and as defined in) the TS Acquisition Agreement, (i) the prior written consent of
the Agent shall not be required to deliver such Joint Release Escrow Instructions and (ii) the Borrower shall promptly deliver
a copy of such Joint Release Escrow Instructions to the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Changes
to Indebtedness Documents</U>. No Note Party will amend, modify or change the terms of any Subordinated Indebtedness Document or
the Sallyport Indebtedness Documents without the prior written consent of the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sales
and Lease-Backs</U>. No Note Party shall, directly or indirectly, become or remain liable as lessee or as a guarantor or other
surety with respect to any lease of any property (whether real, personal or mixed), whether now owned or hereafter acquired, which
such Note Party (a)&nbsp;has sold or transferred or is to sell or to transfer to any other Person (other than the Borrower or any
of its Subsidiaries), or (b)&nbsp;intends to use for substantially the same purpose as any other property which has been or is
to be sold or transferred by such Note Party (other than the Borrower or any of its Subsidiaries) in connection with such lease.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Anti-Terrorism
Laws</U>. No Note Party shall, nor shall any Note Party permit any Subsidiary or any Person that, directly or indirectly, is in
control of a Note Party to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;conduct
any business or engage in any transaction or dealing with any Blocked Person, including the making or receiving any contribution
of funds, goods or services to or for the benefit of any Blocked Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;deal
in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive
Order No. 13224;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;engage
in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate,
any of the prohibitions set forth in the Executive Order No. 13224, the USA PATRIOT Act, or any other Anti-Terrorism Law; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;become
(including by virtue of being owned or controlled by a Blocked Person), own or control a Blocked Person or any Person that is the
target of sanctions imposed by the United Nations or the European Union including the making or receiving any contribution of funds,
goods or services to or for the benefit of any Blocked Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Trading
with the Enemy Act</U>. No Note Party shall, nor shall any Note Party permit any Subsidiary or any Person that, directly or indirectly,
is in control of a Note Party to engage in any business or activity in violation of the Trading with the Enemy Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>DEFAULT, RIGHTS AND REMEDIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Event
of Default</U>. &ldquo;Event of Default&rdquo; means the occurrence or existence of any one or more of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment</U>.
Failure to pay any amount of principal, interest, fees, or any other amount payable hereunder or pursuant to any other Note Document
after the same shall become due; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Breach
of Warranty</U>. Any representation, warranty, certification or other statement made by any Note Party in any Note Document or
in any statement or certificate at any time given by such Person in writing pursuant or in connection with any Note Document is
false in any material respect on the date made (without duplication of other materiality qualifiers contained therein); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Breach
of Certain Provisions</U>. Failure of any Note Party to perform or comply with any term or condition contained in <U>Section&nbsp;5.1</U>,
<U>Section 5.4</U>, <U>Section 5.5</U> (with respect to each Note Party&rsquo;s corporate existence only), <U>Section 5.6</U>,
<U>Section 5.7</U>, <U>Section 5.8</U>, or <U>Section 7</U>; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Defaults Under Note Documents</U>. The Borrower or any of its Subsidiaries defaults in the performance of or compliance with any
term contained in this Agreement other than those otherwise set forth in this <U>Section 8.1</U>, or defaults in the performance
of or compliance with any term contained in any other Note Document and such default, in any such case, is not remedied within
ten (10) days; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
in Other Agreements</U>. (1)&nbsp;Failure of any Note Party to pay when due (whether by scheduled maturity, required prepayment,
acceleration, demand, or otherwise) any principal or interest on any Indebtedness (other than the Obligations) having a principal
amount (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or syndicated
credit arrangement) in excess of $500,000 individually or $1,000,000 in the aggregate for all such Indebtedness and such failure
continues after the applicable grace or notice period, if any, specified in the document relating thereto on the date of such failure,
or (2)&nbsp;any breach or default with respect to any Indebtedness of any Note Party (other than the Obligations) having a principal
amount (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or syndicated
credit arrangement) in excess of $500,000 individually or $1,000,000 in the aggregate for all such Indebtedness and such failure
continues beyond any applicable grace period, if such failure to breach or default entitles the holder to cause such Indebtedness
to become or be declared due prior to its stated maturity (without regard to any subordination terms with respect thereto); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Change
in Control</U>. A Change In Control occurs; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Involuntary
Bankruptcy; Appointment of Receiver, etc</U>. (1)&nbsp;A court enters a decree or order for relief with respect to any Note Party
in an involuntary case under any applicable bankruptcy, winding-up, insolvency or other similar law now or hereafter in effect,
which decree or order is not stayed or other similar relief is not granted under any applicable federal, provincial or state law;
or (2)&nbsp;the continuance of any of the following events for thirty (30) days unless dismissed, bonded or discharged: (a)&nbsp;an
involuntary case is commenced against any Note Party, under any applicable bankruptcy, insolvency winding-up, or other similar
law now or hereafter in effect; or (b)&nbsp;a receiver, liquidator, sequestrator, trustee, custodian or other fiduciary having
similar powers over any Note Party, or over all or a substantial part of their respective property, is appointed; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(H)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Voluntary
Bankruptcy; Appointment of Receiver, etc</U>. (1)&nbsp;Any Note Party commences a voluntary case under any applicable bankruptcy,
winding-up, insolvency or other similar law now or hereafter in effect, or consents to the entry of an order for relief in an involuntary
case or to the conversion of an involuntary case to a voluntary case under any such law or consents to the appointment of or taking
possession by a receiver, trustee or other custodian for all or a substantial part of its property; or (2)&nbsp;any Note Party
makes any assignment for the benefit of creditors; or (3)&nbsp;any Note Party voluntarily ceases to conduct its business in the
ordinary course; or (4)&nbsp;the board of directors (or similar governing body) of any Note Party adopts any resolution or otherwise
authorizes action to approve any of the actions referred to in this <U>Section 8.1(H)</U>; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(I)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.
A Termination Event shall have occurred that has resulted in liability to the Borrower and its Subsidiaries in an aggregate amount
in excess of $500,000 individually or $1,000,000 in the aggregate with respect to all Termination Events and such liability remains
unpaid for a period of two (2) Business Days; <U>provided</U>, <U>that</U>, no Lien is imposed on the Borrower, any of its Subsidiaries
or their respective assets with respect to such liability; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(J)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgment,
Attachments and Litigation</U>. Any (i)&nbsp;money judgment, writ or warrant of attachment, or similar process involving an amount
in any individual case in excess of $500,000 individually or $1,000,000 in the aggregate for all judgments (in any case not adequately
covered by insurance that has not been denied as to which the insurance company has acknowledged coverage) is entered or filed
against any Note Party or any of its respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of
thirty (30) days; or (ii)&nbsp;non-monetary judgment which could reasonably be expected to have a Material Adverse Effect is entered
or filed against any Note Party or any of its respective assets and remains undischarged, unvacated, unbonded or unstayed for a
period of thirty (30) days; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(K)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Invalidity
of Subordination Provisions</U>. The subordination and/or intercreditor provisions (if any) of any agreement or instrument governing
the Subordinated Indebtedness or the Sallyport Indebtedness (if any) shall for any reason be revoked or invalidated, or otherwise
cease to be in full force and effect (other than in accordance with its terms), or any Note Party shall contest in any manner the
validity or enforceability thereof or deny that it has any further liability or obligation thereunder, or the Obligations, for
any reason shall not have the priority contemplated by this Agreement or such subordination and/or intercreditor provisions; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(L)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Solvency</U>.
Any Note Party admits in writing its present or prospective inability to pay its debts as they become due; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(M)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Injunction</U>.
Any Note Party is enjoined, restrained or in any way prevented by the order of any court or any administrative or regulatory agency
from conducting all or any material part of its business and such order continues for thirty (30) days or more and such order could
reasonably be expected to have a Material Adverse Effect; or</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(N)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Invalidity
of Note Documents</U>. Any material provision of any of the Note Documents for any reason, other than a partial or full release
in accordance with the terms thereof, ceases to be in full force and effect or is declared to be null and void, or any Note Party
denies that it has any further liability under any Note Documents to which it is party, or gives notice to such effect; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(O)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Failure
of Security</U>. Agent, on behalf of itself and the other Secured Parties, does not have or ceases to have a valid, perfected security
interest in any material portion of the Collateral (after giving effect to any releases permitted hereunder), in each case, for
any reason other than (x)&nbsp;the failure of Agent or any other Secured Party to take any action within its control, or (y)&nbsp;as
expressly contemplated by the Note Documents; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(P)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Damage,
Strike, Casualty</U>. Any material damage to, or loss, theft or destruction of, any Collateral, whether or not insured, or any
strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than
fifteen (15) consecutive days beyond the coverage period of any applicable business interruption insurance, the cessation or substantial
curtailment of revenue producing activities at any facility of the Borrower or any of its Subsidiaries if any such event or circumstance
could reasonably be expected to have a Material Adverse Effect; or</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(Q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Licenses
and Permits</U>. The loss, suspension or revocation of, or failure to renew, any license or permit now held or hereafter acquired
by any Note Party or any of their respective Subsidiaries, if such loss, suspension, revocation or failure to renew could reasonably
be expected to have a Material Adverse Effect; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(R)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Material
Adverse Effect</U>. A Material Adverse Effect shall occur; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(S)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Forfeiture</U>.
There is filed against any Note Party or any of its Subsidiaries any civil or criminal action, suit or proceeding under any federal,
state or foreign racketeering statute (including, without limitation, the Racketeer Influenced and Corrupt Organization Act of
1970), which action, suit or proceeding (1)&nbsp;is not dismissed within one hundred twenty (120) days; and (2)&nbsp;could reasonably
be expected to result in the confiscation or forfeiture of any material portion of the Collateral.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acceleration</U>.
Upon the occurrence of any Event of Default described in the foregoing <U>Sections 8.1(G)</U> or <U>8.1(H)</U>, all Obligations
shall automatically become immediately due and payable, without presentment, demand, protest or other requirements of any kind,
all of which are hereby expressly waived by each Note Party. Upon the occurrence and during the continuance of any other Event
of Default, Agent may, and upon demand by Requisite Purchasers shall, by written notice to Borrower, declare all or any portion
of the Obligations to be, and the same shall forthwith become, immediately due and payable.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Remedies</U>.
If any Event of Default shall have occurred and be continuing, in addition to and not in limitation of any other rights or remedies
available to Agent and the other Secured Parties at law or in equity, Agent may, and shall upon the request of Requisite Purchasers,
exercise in respect of the Collateral, in addition to all other rights and remedies provided for herein or otherwise available
to it, all the rights and remedies of a secured party on default under the UCC (whether or not the UCC applies to the affected
Collateral) and other Applicable Law and may also (a)&nbsp;require Note Parties to, and each Note Party hereby agrees that it will,
at its expense and upon request of Agent forthwith, assemble all or part of the Collateral as directed by Agent and make it available
to Agent at a place to be designated by Agent which is reasonably convenient to both parties; (b)&nbsp;withdraw all cash in any
Deposit Account subject to a Control Agreement and apply such monies in payment of the Obligations in the manner provided in <U>Section
8.6</U>; and (c)&nbsp;without notice or demand or legal process, enter upon any premises of any Note Party and take possession
of the Collateral. Each Note Party agrees that, to the extent notice of sale of the Collateral or any part thereof shall be required
by law, at least ten (10) days&rsquo; notice to Borrower of the time and place of any public disposition or the time after which
any private disposition (which notice shall include any other information required by law) is to be made shall constitute reasonable
notification. At any disposition of the Collateral (whether public or private), if permitted by law, Agent (at the direction of
the Requisite Purchasers) may bid (which bid may be, in whole or in part, in the form of cancellation of indebtedness, credit bid
or set-off) for the purchase, lease, or licensing of the Collateral or any portion thereof for the account of the Secured Parties.
Agent shall not be obligated to make any disposition of Collateral regardless of notice of disposition having been given. Each
Note Party shall remain liable for any deficiency. Agent may adjourn any public or private disposition from time to time by announcement
at the time and place fixed therefor, and such disposition may, without further notice, be made at the time and place to which
it was so adjourned. Agent is not obligated to make any representations or warranties in connection with any disposition of the
Collateral. To the extent permitted by law, each Note Party hereby specifically waives all rights of redemption, stay or appraisal,
which it has or may have under any law now existing or hereafter, enacted. Agent shall not be required to proceed against any Collateral
and may proceed against one or more Note Parties directly.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment
of Attorney-in-Fact</U>. Each Note Party hereby constitutes and appoints Agent as such Note Party&rsquo;s attorney-in-fact with
full authority in the place and stead of such Note Party and in the name of such Note Party, Agent or otherwise, from time to time
in Agent&rsquo;s discretion while an Event of Default is continuing to take any action and to execute any instrument that Agent
may deem necessary or advisable to accomplish the purposes of this Agreement, including: (a)&nbsp;to ask, demand, collect, sue
for, recover, compound, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of
the Collateral; (b)&nbsp;to enforce the obligations of any Account Debtor or other Person obligated on the Collateral and enforce
the rights of any Note Party with respect to such obligations and to any property that secures such obligations; (c)&nbsp;to file
any claims or take any action or institute any proceedings that Agent may deem necessary or desirable for the collection of or
to preserve the value of any of the Collateral or otherwise to enforce the rights of Agent and the other Secured Parties with respect
to any of the Collateral; (d)&nbsp;to pay or discharge taxes or Liens levied or placed upon or threatened against the Collateral,
the legality or validity thereof and the amounts necessary to discharge the same to be determined by Agent in its sole discretion,
and such payments made by Agent to become Obligations, due and payable immediately without demand; (e)&nbsp;to sign and endorse
any invoices, freight or express bills, bills of lading, storage or warehouse receipts, assignments, verifications and notices
in connection with Accounts, Chattel Paper or General Intangibles and other Documents relating to the Collateral; and (f)&nbsp;generally
to take any act required of any Note Party under <U>Section 4</U> or <U>Section 5</U> of this Agreement or any Security Document,
and to sell, transfer, pledge, make any agreement with respect to or otherwise deal with any of the Collateral as fully and completely
as though Agent were the absolute owner thereof for all purposes, and to do, at Agent&rsquo;s option and Note Parties&rsquo; expense,
at any time or from time to time, all acts and things that Agent deems necessary to protect, preserve or realize upon the Collateral.
Each Note Party hereby ratifies and approves all acts of Agent made or taken pursuant to this <U>Section 8.4</U>. The appointment
of Agent as each Note Party&rsquo;s attorney and Agent&rsquo;s rights and powers are coupled with an interest and are irrevocable
until payment in full, in cash, of all Obligations (other than contingent indemnification obligations to the extent no claims giving
rise thereto have been asserted by the Person entitled thereto).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
on Duty of Agent and Purchasers with Respect to Collateral</U>. Beyond the safe custody thereof, Agent and each other Secured Party
shall have no duty with respect to any Collateral in its possession (or in the possession of any agent or bailee) or with respect
to any income thereon or the preservation of rights against prior parties or any other rights pertaining thereto. Agent shall be
deemed to have exercised reasonable care in the custody and preservation of the Collateral in its possession if the Collateral
is accorded treatment substantially equal to that which Agent accords its own property. Neither Agent nor any other Secured Party
shall be liable or responsible for any loss or damage to any of the Collateral, or for any diminution in the value thereof, by
reason of the act or omission of any warehouse, carrier, forwarding agency, consignee, broker or other agent or bailee selected
by Note Parties or selected by Agent in good faith.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Application
of Proceeds</U>. Notwithstanding anything to the contrary contained in this Agreement, upon the occurrence and during the continuance
of an Event of Default, (a)&nbsp;each Note Party irrevocably waives the right to direct the application of any and all payments
at any time or times thereafter received by Agent from or on behalf of any Note Party, and Agent shall have the continuing and
exclusive right to apply and to reapply any and all payments received at any time or times after the occurrence and during the
continuance of an Event of Default against the Obligations in such manner as Agent may deem advisable notwithstanding any previous
application by Agent, but in all events subject to <U>Section 8.6(b)</U>, and (b)&nbsp;after the occurrence and during the continuance
of an Event of Default, Agent may, and upon the direction of the Requisite Purchasers shall, apply all proceeds of the Collateral,
and in any event Agent shall apply any proceeds of Collateral with respect to any sale of, collection from or other realization
upon all or any part of the Collateral pursuant to the exercise in accordance with the terms of the Note Documents by Agent of
its rights or remedies during an Event of Default or received in connection with an insolvency proceeding with respect to any Note
Party, subject to the provisions of this Agreement, as follows: (i)&nbsp;<U>first</U>, ratably to pay the Obligations in respect
of any fees, expense reimbursements, indemnities and other amounts then due and payable to Agent until paid in full; (ii)&nbsp;<U>second</U>,
ratably to pay the Obligations in respect of any fees, expense reimbursements and indemnities then due and payable to the Purchasers
until paid in full; (iii)&nbsp;<U>third</U>, ratably to pay interest then due and payable in respect of the Obligations until paid
in full; (iv)&nbsp;<U>fourth</U>, ratably to pay principal of the Obligations (or, to the extent such Obligations are contingent,
to provide cash collateral in respect of such Obligations in accordance with this Agreement) until paid in full; (v)&nbsp;<U>fifth</U>,
to the ratable payment of all other Obligations then due and payable; and (v)&nbsp;<U>last</U>, any balance remaining shall be
delivered to the Borrower or to whomever may be lawfully entitled to receive such balance or as a court of competent jurisdiction
may direct. All amounts allocated pursuant to the foregoing clauses (ii) through (v) to the Purchasers shall be allocated among
and distributed to the Purchasers pro rata based on each Purchaser&rsquo;s share of the Obligations.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waivers;
Non-Exclusive Remedies</U>. No failure on the part of Agent or any other Secured Party to exercise, and no delay in exercising
and no course of dealing with respect to, any right under this Agreement or the other Note Documents shall operate as a waiver
thereof; nor shall any single or partial exercise by Agent or any other Secured Party of any right under this Agreement or any
other Note Document preclude any other or further exercise thereof or the exercise of any other right. The rights in this Agreement
and the other Note Documents are cumulative and shall in no way limit any other remedies provided by law.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>AGENT</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agent</U>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment</U>.
Each Purchaser hereto and, upon obtaining an interest in any Note, any participant, transferee or other assignee of any Purchaser
irrevocably appoints, designates and authorizes BRF Finance Co., LLC as Agent to take such actions or refrain from taking such
action as its agent on its behalf and to exercise such powers hereunder and under the other Note Documents as are delegated by
the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Neither Agent nor any of its directors,
officers, employees or agents shall be liable for any action so taken. The provisions of this <U>Section 9.1</U> are solely for
the benefit of Agent and Purchasers and neither the Borrower nor any other Note Party shall have any rights as a third party beneficiary
of any of the provisions hereof (other than as set forth in <U>Sections 9.1(G)</U>, <U>(H)</U> and <U>(K)</U>). In performing its
functions and duties under this Agreement and the other Note Documents, Agent shall act solely as agent of Purchasers and does
not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for the Borrower
or any other Note Party. Agent may perform any of its duties hereunder, or under the Note Documents, by or through its agents or
employees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Nature
of Duties</U>. Agent shall have no duties, obligations or responsibilities except those expressly set forth in this Agreement or
in the other Note Documents. Agent shall not have by reason of this Agreement a fiduciary, trust or agency relationship with or
in respect of any Purchaser, the Borrower or any other Note Party. Each Purchaser shall make its own appraisal of the credit worthiness
of each Note Party, and shall have independently taken whatever steps it considers necessary to evaluate the financial condition
and affairs of Note Parties, and Agent shall have no duty or responsibility, either initially or on a continuing basis, to provide
any Purchaser with any credit or other information with respect thereto (other than as expressly required herein), whether coming
into its possession before the Closing Date or at any time or times thereafter.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Rights,
Exculpation, Etc</U>. Neither Agent nor any of its officers, directors, employees or agents shall be liable to any Purchaser for
any action taken or omitted by them hereunder or under any of the Note Documents, or in connection herewith or therewith, except
that Agent shall be liable to the extent of its own gross negligence or willful misconduct as determined by a final non-appealable
judgment by a court of competent jurisdiction. Agent shall not be liable for any apportionment or distribution of payments made
by it in good faith and if any such apportionment or distribution is subsequently determined to have been made in error, the sole
recourse of any Purchaser to whom payment was due but not made, shall be to recover from other Purchasers any payment in excess
of the amount to which they are determined to be entitled (and such other Purchasers hereby agree to return to such Purchaser any
such erroneous payments received by them). Neither Agent nor any of its agents or representatives shall be responsible to any Purchaser
for any recitals, statements, representations or warranties herein or for the execution, effectiveness, genuineness, validity,
enforceability, collectability, or sufficiency of this Agreement or any of the other Note Documents or the transactions contemplated
thereby, or for the financial condition of any Note Party. Agent shall not be responsible for or be required to make any inquiry
concerning (i)&nbsp;the performance or observance of any of the terms, provisions or conditions of this Agreement or any of the
other Note Documents, (ii)&nbsp;the financial condition of any Note Party, (iii)&nbsp;the contents of any certificate, report or
other document delivered hereunder or any other Note Document or in connection herewith or therewith, or (iv)&nbsp;the existence
or possible existence of any Default or Event of Default. Agent may at any time request instructions from Purchasers with respect
to any actions or approvals which by the terms of this Agreement or of any of the other Note Documents Agent is permitted or required
to take or to grant, and if such instructions are promptly requested, Agent shall be absolutely entitled to refrain from taking
any action or to withhold any approval and shall not be under any liability whatsoever to any Person for refraining from any action
or withholding any approval under any of the Note Documents until it shall have received such instructions from Requisite Purchasers
or all or such other portion of the Purchasers as shall be prescribed by this Agreement. Without limiting the foregoing, no Purchaser
shall have any right of action whatsoever against Agent as a result of Agent acting or refraining from acting under this Agreement
or any of the other Note Documents in accordance with the instructions of Requisite Purchasers in the absence of an express requirement
for a greater percentage of Purchaser approval hereunder for such action.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reliance</U>.
Agent shall be under no duty to examine, inquire into, or pass upon the validity, effectiveness or genuineness of this Agreement,
any other Note Document, or any instrument, document or communication furnished pursuant hereto or in connection herewith. Agent
shall be entitled to rely, and shall be fully protected in relying, upon any written or oral notices, statements, certificates,
orders or other documents or any telephone message or other communication (including any writing or fax) believed by it in good
faith to be genuine and correct and to have been signed, sent or made by the proper Person. With respect to all matters pertaining
to this Agreement or any of the other Note Documents and its duties hereunder or thereunder, Agent shall be entitled to rely upon
the advice of legal counsel, independent accountants, and other experts selected by Agent in its sole discretion.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification</U>.
Purchasers will reimburse and indemnify Agent for and against any and all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses (including, without limitation, reasonable attorneys&rsquo; fees and expenses), advances
or disbursements of any kind or nature whatsoever which may be imposed on, incurred by, or asserted against Agent in any way relating
to or arising out of this Agreement or any of the other Note Documents or any action taken or omitted by Agent under this Agreement
or any of the other Note Documents, in proportion to each Purchaser&rsquo;s pro rata share of the Obligations, but only to the
extent that any of the foregoing is not promptly reimbursed by Note Parties; <U>provided</U>, <U>however</U>, no Purchaser shall
be liable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses,
advances or disbursements resulting from Agent&rsquo;s gross negligence or willful misconduct as determined by a final non-appealable
judgment by a court of competent jurisdiction. If any indemnity furnished to Agent for any purpose shall, in the opinion of Agent,
be insufficient or become impaired, Agent may call for additional indemnity and cease, or not commence, to do the acts indemnified
against, even if so directed by Purchasers or Requisite Purchasers, until such additional indemnity is furnished. The obligations
of Purchasers under this <U>Section 9.1(E)</U> shall survive the payment in full of the Obligations and the termination of this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>B.
Riley Individually</U>. With respect to the Notes purchased by it as a Purchaser, B. Riley shall have and may exercise the same
rights and powers hereunder and is subject to the same obligations and liabilities as and to the extent set forth herein for any
other Purchaser. The terms &ldquo;Purchasers&rdquo; or &ldquo;Requisite Purchasers&rdquo; or any similar terms shall, unless the
context clearly otherwise indicates, include B. Riley in its individual capacity as a Purchaser or one of the Requisite Purchasers.
B. Riley, either directly or through strategic affiliations, may lend money to, acquire equity or other ownership interests in,
provide advisory services to and generally engage in any kind of banking, trust or other business with any Note Party as if it
were not acting as Agent pursuant hereto and without any duty to account therefor to Purchasers. B. Riley, either directly or through
strategic affiliations, may accept fees and other consideration from any Note Party for services in connection with this Agreement
or otherwise without having to account for the same to Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successor
Agent</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Resignation</U>.
Agent may resign from the performance of all its agency functions and duties hereunder at any time by giving at least five (5)
Business Days&rsquo; prior written notice to Borrower and the Purchasers. Such resignation shall take effect upon the acceptance
by a successor Agent of appointment as provided below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment
of Successor</U>. Upon any such notice of resignation pursuant to <U>Section 9.1(G)(1)</U> above, Requisite Purchasers shall appoint
a successor Agent. If a successor Agent shall not have been so appointed within said thirty (30) Business Day period, the retiring
Agent, upon notice to Borrower, may then appoint a successor Agent who shall serve as Agent until such time, if any, as Requisite
Purchasers appoint a successor Agent as provided above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successor
Agent</U>. Upon the acceptance of any appointment as Agent under the Note Documents by a successor Agent, such successor Agent
shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent, and the
retiring Agent shall be discharged from its duties and obligations under the Note Documents. After any retiring Agent&rsquo;s resignation
as Agent, the provisions of this <U>Section 9</U>, <U>Section&nbsp;11.1</U> and <U>Section&nbsp;11.2</U> shall inure to its benefit
as to any actions taken or omitted to be taken by it while it was Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(H)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Collateral
and Guaranty Matters</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Release
of Collateral</U>. Purchasers hereby irrevocably authorize and direct Agent to release (or, in the case of sub-clause (c) below,
release or subordinate) any Lien granted to or held by Agent upon any Collateral (a)&nbsp;upon payment and satisfaction of all
Obligations (other than contingent indemnification obligations to the extent no claims giving rise thereto have been asserted by
the Person entitled thereto) or (b)&nbsp;constituting property being sold or disposed of, if the applicable Note Party certifies
to Agent that the sale, disposition or lien is made or granted in compliance with the provisions of this Agreement (and Agent may
rely in good faith conclusively on any such certificate, without further inquiry); or (c)&nbsp;of any Subsidiary Guarantor being
released pursuant to <U>Section 9.1(H)(2)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Release
of Guaranty</U>. Purchasers hereby irrevocably authorize and direct Agent to release any Subsidiary Guarantor from its obligations
under its Guaranty and under the other Note Documents to which it is a party if such Person ceases to be a Subsidiary as a result
of a transaction permitted hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Confirmation
of Authority; Execution of Releases</U>. Without in any manner limiting Agent&rsquo;s authority to act without any specific or
further authorization or consent by Purchasers (as set forth in <U>Sections 9.1(H)(1)</U> and <U>9.1(H)(2)</U> above), each Purchaser
agrees to confirm in writing, upon request by Agent or Borrower, the authority to release any (i)&nbsp;Collateral conferred upon
Agent under <U>Section 9.1(H)(1)</U> and (ii)&nbsp;to release any Subsidiary Guarantor under <U>Section 9.1(H)(2)</U>. To the extent
any Note Party requests that Agent release (or subordinate) any Lien granted to or held by Agent as authorized under <U>Section
9.1(H)(1)</U> or release any Subsidiary Guarantor under <U>Section 9.1(H)(2)</U>, (a)&nbsp;Agent shall, and is hereby irrevocably
authorized by Purchasers to, execute such documents as may be necessary to evidence (I)&nbsp;the release of the Liens granted to
Agent, for the benefit of Agent and Purchasers, upon such Collateral and (II)&nbsp;the release of such Subsidiary Guarantor; <U>provided</U>,
<U>however</U>, that Agent shall not be required to execute any such document on terms which, in Agent&rsquo;s opinion, would expose
Agent to liability or create upon Agent any obligation or entail any consequence other than the release of such Liens or the release
of such Subsidiary Guarantor without recourse or warranty, and (b)&nbsp;Note Parties shall provide at least ten (10) Business Days
(or such shorter period as agreed to by Agent in its reasonable discretion) prior written notice of any request for any document
evidencing such release (or subordination) of the Liens or such release of the Subsidiary Guarantor and Note Parties agree that
any such release (or subordination) shall not in any manner discharge, affect or impair the Obligations or any Liens or any Liens
granted to Agent on behalf of Agent and Purchasers upon (or obligations of any Note Party, in respect of) all interests retained
by any Note Party, including, without limitation, the proceeds of any sale, all of which shall continue to constitute part of the
property covered by this Agreement or the Note Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Duty</U>. Agent shall have no obligation whatsoever to any Purchaser or any other Person to assure that the property covered
by this Agreement or the Note Documents exists or is owned by any Note Party or is cared for, protected or insured or has been
encumbered or that the Liens granted to Agent on behalf of Agent and Purchasers herein or pursuant hereto have been properly or
sufficiently or lawfully created, perfected, protected or enforced or are entitled to any particular priority, or to exercise at
all or in any particular manner or under any duty of care, disclosure or fidelity, or to continue exercising, any of the rights,
authorities and powers granted or available to Agent in this Agreement or in any of the other Note Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(I)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agency
for Perfection</U>. Agent and each Purchaser hereby appoint each other Purchaser as agent for the purpose of perfecting Agent&rsquo;s
security interest in assets which, in accordance with the Uniform Commercial Code in any applicable jurisdiction, can be perfected
by possession or control. Should any Purchaser (other than Agent) obtain possession of any such assets, such Purchaser shall notify
Agent thereof, and, promptly upon Agent&rsquo;s request therefor, shall deliver such assets to Agent or in accordance with Agent&rsquo;s
instructions. Agent may file such proofs of claim or documents as may be necessary or advisable in order to have the claims of
Agent and the Purchasers (including any claim for the reasonable compensation, expenses, disbursements and advances of Agent and
the Purchasers, their respective agents, financial advisors and counsel), allowed in any judicial proceedings relative to any Note
Party and/or its Subsidiaries, or any of their respective creditors or property, and shall be entitled and empowered to collect,
receive and distribute any monies, securities or other property payable or deliverable on any such claims. Any custodian in any
judicial proceedings relative to any Note Party and/or its Subsidiaries is hereby authorized by each Purchaser to make payments
to Agent and, in the event that Agent shall consent to the making of such payments directly to the Purchasers, to pay to Agent
any amount due for the reasonable compensation, expenses, disbursements and advances of Agent, its agents, financial advisors and
counsel, and any other amounts due Agent. Nothing contained in this Agreement or the other Note Documents shall be deemed to authorize
Agent to authorize or consent to or accept or adopt on behalf of any Purchaser any plan of reorganization, arrangement, adjustment
or composition affecting the Notes, or the rights of any holder thereof, or to authorize Agent to vote in respect of the claim
of any Purchaser in any such proceeding, except as specifically permitted herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(J)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Exercise
of Remedies</U>. Each Purchaser agrees that it will not have any right individually to enforce or seek to enforce this Agreement
or any other Note Document or to realize upon any collateral security for the Obligations, unless instructed to do so by Agent,
it being understood and agreed that such rights and remedies may be exercised only by Agent. Without limiting the generality of
the foregoing, neither Agent nor Purchasers may exercise any right that it might otherwise have under Applicable Law to credit
bid at foreclosure sales, uniform commercial code sales or other similar sales or dispositions of any of the Collateral except
as authorized by the Requisite Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notice
of Default</U>. Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default except
with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Purchasers,
unless Agent shall have received written notice from a Purchaser or Borrower referring to this Agreement, describing such Default
or Event of Default and stating that such notice is a &ldquo;notice of default&rdquo;. Agent will notify each Purchaser of its
receipt of any such notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Action
by Agent</U>. Agent shall take such action with respect to any Default or Event of Default as may be requested by Requisite Purchasers
in accordance with <U>Section 8</U>. Unless and until Agent has received any such request, Agent may (but shall not be obligated
to) take such action, or refrain from taking such action, with respect to any Default or Event of Default as it shall deem advisable
or in the best interests of Purchasers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendments,
Waivers and Consents</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Percentage
of Purchasers Required</U>. Except as otherwise provided herein or in any of the other Note Documents, no amendment, modification,
termination or waiver of any provision of this Agreement or any other Note Document, or consent to any departure by any Note Party
therefrom, shall in any event be effective unless the same shall be in writing and signed by the Requisite Purchasers (or, Agent,
if expressly set forth herein or in any of the other Note Documents) and the applicable Note Party; <U>provided however</U>, no
amendment, modification, termination, waiver or consent shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subject
any Purchaser to any additional obligation or reduce the principal of or the rate of interest on any Note (other than as a result
of any waiver of the applicability of any post-default increase) or reduce the fees payable with respect to any Note or postpone
or extend any scheduled date fixed for any payment of principal of, or interest, fees, or premium on, the Notes payable to any
Purchaser, in each case, without the consent of each Purchaser directly and adversely affected thereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend
the definition of Requisite Purchasers without the consent of each Purchaser directly and adversely affected thereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend,
modify or waive any provision of this <U>Section 9.4</U> without the consent of each Purchaser directly and adversely affected
thereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;release
all or substantially all of the Collateral or all or substantially all of the value of the Guaranties (except as expressly provided
in the Note Documents), without the consent of each Purchaser;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;consent
to the assignment, delegation or other transfer by any Note Party of any of its rights and obligations under any Note Document,
without the consent of each Purchaser;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(6)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;without
the consent of Agent, amend, modify or waive any provision of this Agreement or any other Note Document as same applies to Agent
or as same relates to the rights or obligations of such Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(7)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend,
modify or waive any provision hereof in any manner that would alter the order of treatment or the pro rata sharing of payments
required thereby without the consent of each Purchaser directly and adversely affected thereby; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(8)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subordinate
(x)&nbsp;all or substantially all of the Liens granted pursuant to the Note Documents or (y)&nbsp;the Obligations, in each case
other than as otherwise expressly permitted hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any amendment, modification, termination,
waiver or consent effected in accordance with this <U>Section 9</U> shall be binding upon each Purchaser or future Purchaser and,
if signed by a Note Party, on such Note Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Specific
Purpose or Intent</U>. Each amendment, modification, termination, waiver or consent shall be effective only in the specific instance
and for the specific purpose for which it was given. No amendment, modification, termination, waiver or consent shall be required
for Agent to take additional Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding anything in this <U>Section
9.4</U>, Agent and the Borrower, without the consent of either Requisite Purchasers or all Purchasers, may execute amendments to
this Agreement and the other Note Documents, to (1)&nbsp;cure any ambiguity, omission, defect or inconsistency therein, or (2)&nbsp;grant
a new Lien for the benefit of the Secured Parties, extend an existing Lien over additional property for the benefit of the Secured
Parties or join additional Persons as Note Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Set-Off
and Sharing of Payments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition to any rights now or hereafter granted under Applicable Law and not by way of limitation of any such rights, upon the
occurrence and during the continuance of any Event of Default, each Purchaser is hereby authorized by each Note Party at any time
or from time to time, without notice or demand (each of which is hereby waived by each Note Party) to set-off and to appropriate
and to apply any and all (a)&nbsp;balances held by such Purchaser at any of its offices for the account of Note Parties (regardless
of whether such balances are then due to Note Parties), and (b)&nbsp;other property at any time held or owing by such Purchaser
to or for the credit or for the account of Note Parties, against and on account of any of the Obligations; except that no Purchaser
shall exercise any such right without the prior written consent of Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Purchaser shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal
of or interest on any of its Notes or other obligations hereunder resulting in such Purchaser receiving payment of a proportion
of the aggregate amount of its Notes and accrued interest thereon or other such obligations greater than its pro rata share thereof
as provided herein, then the Purchaser receiving such greater proportion shall (a)&nbsp;notify Agent of such fact, and (b)&nbsp;purchase
(for cash at face value) participations in the Notes and such other obligations of the other Purchasers, or make such other adjustments
as shall be equitable, so that the benefit of all such payments shall be shared by the Purchasers ratably in accordance with the
aggregate amount of principal of and accrued interest on their respective Notes and other amounts owing them; <U>provided</U> that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations
shall be rescinded and the purchase price restored to the extent of such recovery, without interest; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
provisions of this paragraph shall not be construed to apply to (x)&nbsp;any payment made by the Borrower pursuant to and in accordance
with the express terms of this Agreement, or (y)&nbsp;any payment obtained by a Purchaser as consideration for the assignment of
any of its Notes to any assignee, other than to the Borrower or any Subsidiary thereof (as to which the provisions of this paragraph
shall apply).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Note Party consents to the foregoing and agrees, to the extent it may effectively do so under Applicable Law, that any Purchaser
acquiring a participation pursuant to the foregoing arrangements may exercise against each Note Party rights of setoff and counterclaim
with respect to such participation as fully as if such Purchaser were a direct creditor of each Note Party in the amount of such
participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intercreditor
and Subordination Agreements</U>. Each Purchaser and each other holder of Obligations irrevocably (a)&nbsp;authorizes and directs
the Agent to execute and deliver the Sallyport Intercreditor Agreement and each Subordination Agreement on behalf of such Purchaser
or such holder and to take all actions (and execute all documents) required (or deemed advisable) by it in accordance with the
terms of such agreements, in each case without any further consent, authorization or other action by such Purchaser or holder,
(b)&nbsp;agrees that, upon the execution and delivery thereof, such Purchaser and holder will be bound by the provisions of the
Sallyport Intercreditor Agreement and each Subordination Agreement as if it were a signatory thereto and will take no actions contrary
to the provisions of the Intercreditor Agreement, and (c)&nbsp;agrees that no such Purchaser or holder shall have any right of
action whatsoever against the Agent as a result of any action taken by Agent pursuant to this Section or in accordance with the
terms of the Sallyport Intercreditor Agreement and each Subordination Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>GUARANTY.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Unconditional
Guaranty</U>. Each Guarantor hereby unconditionally guarantees, as a primary obligor and not merely as a surety, jointly and severally
with each other Guarantor when and as due, whether at maturity, by acceleration, by notice of prepayment or otherwise, the due
and punctual performance of all Obligations. Without limiting the generality of the foregoing, each Guarantor&rsquo;s liability
shall extend to all amounts that constitute part of the Obligations and would be owed by any Note Party to Agent or the other Secured
Parties under any Note Document but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy,
reorganization or similar proceeding involving any Note Party. Each payment made by any Guarantor pursuant to the guaranty contained
in this <U>Section 10</U> (the &ldquo;<U>Guaranty</U>&rdquo;) shall be made in lawful money of the United States in immediately
available funds, (a)&nbsp;without set-off or counterclaim and (b)&nbsp;free and clear of and without deduction or withholding for
or on account of any present and future Charges and any conditions or restrictions resulting in Charges unless Guarantor is compelled
by law to make payment subject to such Charges.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Charges</U>.
All Charges in respect of the Guaranty or any amounts payable or paid under the Guaranty shall be paid by Guarantors when due and
in any event prior to the date on which penalties attach thereto. Each Guarantor will indemnify Agent and each of the other Secured
Parties against and in respect of all such Charges. Without limiting the generality of the foregoing, if any Charges or amounts
in respect thereof must be deducted or withheld from any amounts payable or paid by any Guarantor hereunder, such Guarantor shall
pay such additional amounts as may be necessary to ensure that Agent and each of the other Secured Parties receives a net amount
equal to the full amount which it would have received had payment (including any additional amounts payable under this <U>Section
10.2</U>) not been made subject to such Charges.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waivers
of Notice, Demand, etc</U>. Each Guarantor hereby absolutely, unconditionally and irrevocably waives (a)&nbsp;promptness, diligence,
notice of acceptance, notice of presentment of payment and any other notice hereunder, (b)&nbsp;demand of payment, protest, notice
of dishonor or nonpayment, notice of the present and future amount of the Obligations and any other notice with respect to the
Obligations, (c)&nbsp;any requirement that Agent or any other Secured Party protect, secure, perfect or insure any security interest
or Lien or any property subject thereto or exhaust any right or take any action against any other Note Party, or any Person or
any Collateral, (d)&nbsp;any other action, event or precondition to the enforcement hereof or the performance by each such Guarantor
of the Obligations, and (e)&nbsp;any defense arising by any lack of capacity or authority or any other defense of any Note Party
or any notice, demand or defense by reason of cessation from any cause of Obligations (other than payment and performance in full
in cash of the Obligations by the Note Parties) and any defense that any other guarantee or security was or was to be obtained
by Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Invalidity, Irregularity, etc</U>. No invalidity, irregularity, voidableness, voidness or unenforceability of this Agreement or
any other Note Document or any other agreement or instrument relating thereto, or of all or any part of the Obligations or of any
collateral security therefor shall affect, impair or be a defense hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Independent
Liability</U>. The Guaranty is one of payment and performance, not collection, and the obligations of each Guarantor under this
Guaranty are independent of the Obligations of the other Note Parties, and a separate action or actions may be brought and prosecuted
against any Guarantor to enforce the terms and conditions of this <U>Section 10</U>, irrespective of whether any action is brought
against any other Note Party or other Persons or whether any other Note Party or other Persons are joined in any such action or
actions. Each Guarantor waives any right to require that any resort be had by Agent or any other Secured Party to any security
held for payment of the Obligations or to any balance of any deposit account or credit on the books of any Agent or any other Secured
Party in favor of any Note Party or any other Person. No election to proceed in one form of action or proceedings, or against any
Person, or on any Obligations, shall constitute a waiver of Agent&rsquo;s right to proceed in any other form of action or proceeding
or against any other Person unless Agent has expressed any such waiver in writing. Without limiting the generality of the foregoing,
no action or proceeding by Agent against any Note Party under any document evidencing or securing indebtedness of any Note Party
to Agent shall diminish the liability of any Guarantor hereunder, except to the extent Agent receives actual payment on account
of Obligations by such action or proceeding, notwithstanding the effect of any such election, action or proceeding upon the right
of subrogation of any Guarantor in respect of any Note Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Liability
Absolute</U>. The liability of each Guarantor under the Guaranty shall be absolute, unlimited and unconditional and shall not be
subject to any reduction, limitation, impairment, discharge or termination for any reason, including, without limitation, any claim
of waiver, release, surrender, alteration or compromise, and shall not be subject to any claim, defense or set-off, counterclaim,
recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of any other Obligation or otherwise.
Without limiting the generality of the foregoing, the obligations of each Guarantor shall not be discharged or impaired, released,
limited or otherwise affected by:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
change in the manner, place or terms of payment or performance, and/or any change or extension of the time of payment or performance
of, release, renewal or alteration of, or any new agreements relating to any Obligation, any security therefor, or any liability
incurred directly or indirectly in respect thereof, or any rescission of, or amendment, waiver or other modification of, or any
consent to departure from, this Agreement or any other Note Document, including any increase in the Obligations resulting from
the extension of additional credit to the Borrower or otherwise;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
sale, exchange, release, surrender, loss, abandonment, realization upon any property by whomsoever at any time pledged or mortgaged
to secure, or howsoever securing, all or any of the Obligations, and/or any offset there against, or failure to perfect, or continue
the perfection of, any Lien in any such property, or delay in the perfection of any such Lien, or any amendment or waiver of or
consent to departure from any other guaranty for all or any of the Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
failure of Agent or any other Secured Party to assert any claim or demand or to enforce any right or remedy against the Borrower
or any other Note Party or any other Person under the provisions of this Agreement or any Note Document or any other document or
instrument executed and delivered in connection herewith or therewith;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
settlement or compromise of any Obligation, any security therefor or any liability (including any of those hereunder) incurred
directly or indirectly in respect thereof or hereof, and any subordination of the payment of all or any part thereof to the payment
of any obligation (whether due or not) of any Note Party to creditors of any Note Party other than any other Note Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
manner of application of Collateral, or proceeds thereof, to all or any of the Obligations, or any manner of sale or other disposition
of any Collateral for all or any of the Obligations or any other assets of any Note Party; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;other
than payment and performance in full in cash of the Obligations by the Note Parties, any other agreements or circumstance (including
any statute of limitations) of any nature whatsoever that may or might in any manner or to any extent vary the risk of any Guarantor,
or that might otherwise at law or in equity constitute a defense available to, or a discharge of, the Guaranty and/or the obligations
of any Guarantor, or a defense to, or discharge of, any Note Party or any other Person or party hereto or the Obligations or otherwise
with respect to the Notes or other financial accommodations to the Borrower pursuant to this Agreement and/or the Note Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Action
by Agent Without Notice</U>. Agent shall have the right to take any action set forth in <U>Section 8.3</U> or any other Security
Document without notice to or the consent of any Guarantor and each Guarantor expressly waives any right to notice of, consent
to, knowledge of and participation in any agreements relating to any of the above or any other present or future event relating
to Obligations whether under this Agreement or otherwise or any right to challenge or question any of the above and waives any
defenses of such Guarantor which might arise as a result of such actions.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Application
of Proceeds</U>. Agent may at any time and from time to time (whether prior to or after the revocation or termination of this Agreement)
without the consent of, or notice to, any Guarantor, and without incurring responsibility to any Guarantor or impairing or releasing
the Obligations, apply any sums by whomsoever paid or howsoever realized to any Obligations regardless of what Obligations remain
unpaid.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Continuing
Effectiveness</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reinstatement</U>.
The Guaranty provisions herein contained shall continue to be effective or be reinstated, as the case may be, if claim is ever
made upon Agent or any other Secured Party for repayment or recovery of any amount or amounts received by such Person in payment
or on account of any of the Obligations and such Person repays all or part of said amount for any reason whatsoever, including,
without limitation, by reason of any judgment, decree or order of any court or administrative body having jurisdiction over such
Person or the respective property of each, or any settlement or compromise of any claim effected by such Person with any such claimant
(including any Note Party); and in such event each Guarantor hereby agrees that any such judgment, decree, order, settlement or
compromise or other circumstances shall be binding upon such Guarantor, notwithstanding any revocation hereof or the cancellation
of any note or other instrument evidencing any Obligation, and each Guarantor shall be and remain liable to Agent and/or the other
Secured Parties for the amount so repaid or recovered to the same extent as if such amount had never originally been received by
such Person(s).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Marshalling</U>. Agent shall not be required to marshal any assets in favor of any Guarantor, or against or in payment of Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Priority
of Claims</U>. No Guarantor shall be entitled to claim against any present or future security held by Agent from any Person for
Obligations in priority to or equally with any claim of Agent, or assert any claim for any liability of any Note Party to any Guarantor
in priority to or equally with claims of Agent for Obligations, and no Guarantor shall be entitled to compete with Agent with respect
to, or to advance any equal or prior claim to any security held by Agent for Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Invalidated
Payments</U>. If any Note Party makes any payment to Agent, which payment is wholly or partly subsequently invalidated, declared
to be fraudulent or preferential, set aside or required to be repaid to any Person under any federal or provincial statute or at
common law or under equitable principles, then to the extent of such payment, the Obligation intended to be paid shall be revived
and continued in full force and effect as if the payment had not been made, and the resulting revived Obligation shall continue
to be guaranteed, uninterrupted, by each Guarantor hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignment
and Waiver</U>. All present and future monies payable by any Note Party to any Guarantor, whether arising out of a right of subrogation
or otherwise, are assigned to Agent for its benefit and for the ratable benefit of the other Secured Parties as security for such
Guarantor&rsquo;s liability to Agent and the other Secured Parties hereunder and, after the occurrence and during the continuance
of any Event of Default, each Guarantor waives any right to demand any and all present and future monies payable by any Note Party
to such Guarantor, whether arising out of a right of subrogation or otherwise. This assignment and waiver shall only terminate
upon payment in full in cash of the Obligations (other than contingent indemnification obligations to the extent no claims giving
rise thereto have been asserted by the Person entitled thereto).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payments
to Guarantors</U>. Each Note Party acknowledges the assignment and waiver contained in sub-clause (E) above, and agrees to make
no payments to any Guarantor after the occurrence and during the continuance of an Event of Default without the prior written consent
of Agent. Each Note Party agrees to give full effect to the provisions hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
of Liability</U>. Agent, other Secured Parties, and each Guarantor hereby confirm that it is the intention of all such Persons
that the Guaranty and the obligations of each Guarantor thereunder not constitute a fraudulent transfer or conveyance under any
federal, state, provincial or foreign bankruptcy, insolvency, receivership or similar law to the extent applicable to the Guaranty
and the obligations of each Guarantor thereunder. To effectuate the foregoing intention, Agent, other Secured Parties and each
Guarantor hereby irrevocably agree that the obligations of each Guarantor under the Guaranty at any time shall be limited to the
maximum amount as will result in the obligations of such Guarantor under the Guaranty not constituting a fraudulent transfer or
conveyance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(H)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Right
of Contribution</U>. Each Subsidiary Guarantor hereby agrees that to the extent that a Subsidiary Guarantor shall have paid more
than its proportionate share of any payment made hereunder in respect of the Obligations of such Guarantor under the Guaranty contained
in this <U>Section 10</U>, such Subsidiary Guarantor shall be entitled to seek and receive contribution from and against any other
applicable Subsidiary Guarantor hereunder which has not paid its proportionate share of such payment in respect of the Obligations
of such Guarantor under the Guaranty contained in this <U>Section 10</U>. Each Subsidiary Guarantor&rsquo;s right of contribution
shall be subject to the terms and conditions of <U>Section 10.9(E)</U>. The provisions of this <U>Section 10.9</U> shall in no
respect limit the obligations and liabilities of any Subsidiary Guarantor to the Secured Parties, and each Subsidiary Guarantor
shall remain liable to the Secured Parties, for the full amount guaranteed by such Subsidiary Guarantor hereunder.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Enforcement</U>.
Upon the occurrence and during the continuance of any Event of Default, Agent may, and upon written request of the Requisite Purchasers
shall, without notice to or demand upon any Note Party or any other Person, declare any obligations of such Guarantor hereunder
immediately due and payable, and shall be entitled to enforce the obligations of each Guarantor. Upon such declaration by Agent,
and subject to <U>Section 9.5</U>, Agent and the other Secured Parties are hereby authorized at any time and from time to time
to set-off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other
indebtedness at any time owing by Agent or the other Secured Parties to or for the credit or the account of any Guarantor against
any and all of the obligations of each Guarantor now or hereafter existing hereunder, whether or not Agent or the other Secured
Parties shall have made any demand hereunder against any other Note Party and although such obligations may be contingent and unmatured.
The rights of Agent and the other Secured Parties hereunder are in addition to other rights and remedies (including other rights
of set-off) which Agent and the other Secured Parties may have. Upon such declaration by Agent, with respect to any claims (other
than those claims referred to in the immediately preceding paragraph) of any Guarantor against any Note Party (the &ldquo;<U>Claims</U>&rdquo;),
Agent shall have the full right on the part of Agent in its own name or in the name of such Guarantor to collect and enforce such
Claims by legal action, proof of debt in bankruptcy or other liquidation proceedings, vote in any proceeding for the arrangement
of debts at any time proposed, or otherwise, Agent and each of its officers being hereby irrevocably constituted attorneys-in-fact
for each Guarantor for the purpose of such enforcement and for the purpose of endorsing in the name of each Guarantor any instrument
for the payment of money. Upon such declaration by Agent, each Guarantor will receive as trustee for Agent and will pay to Agent
forthwith upon receipt thereof any amounts which such Guarantor may receive from any Note Party on account of the Claims. Each
Guarantor agrees that no payment on account of the Claims or any security interest therein shall be created, received, accepted
or retained during the continuance of any Event of Default nor shall any financing statement be filed with respect thereto by any
Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Statute
of Limitations</U>. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by
any Note Party or others with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor
against Agent or the Purchasers shall have commenced to run, toll the running of such statute of limitations and, if the period
of such statute of limitations shall have expired, prevent the operation of such statute of limitations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Interest</U>.
All amounts due, owing and unpaid from time to time by any Guarantor hereunder shall bear interest at the interest rate per annum
then chargeable with respect to the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acknowledgement</U>.
Each Guarantor acknowledges receipt of a copy of each of this Agreement and the other Note Documents. Each Guarantor has made an
independent investigation of the Note Parties and of the financial condition of the Note Parties. Neither Agent nor any other Secured
Party has made and neither Agent nor any other Secured Party does make any representations or warranties as to the income, expense,
operation, finances or any other matter or thing affecting any Note Party nor has Agent or any other Secured Party made any representations
or warranties as to the amount or nature of the Obligations of any Note Party to which this <U>Section 10</U> applies as specifically
herein set forth, nor has Agent or any other Secured Party or any officer, agent or employee of Agent or any other Secured Party
or any representative thereof, made any other oral representations, agreements or commitments of any kind or nature, and each Guarantor
hereby expressly acknowledges that no such representations or warranties have been made and such Guarantor expressly disclaims
reliance on any such representations or warranties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Continuing
Effectiveness</U>. The provisions of this <U>Section 10</U> shall remain in effect until the payment in full in cash of all Obligations
(other than contingent indemnification obligations to the extent no claims giving rise thereto have been asserted by the Person
entitled thereto) and shall be subject to reinstatement as set forth in <U>Section 10.9</U>. Payments received from Guarantors
pursuant to this <U>Section 10</U> shall be applied in accordance with <U>Section 8.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">SECTION
11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>MISCELLANEOUS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Expenses
and Attorneys&rsquo; Fees</U>. Whether or not the transactions contemplated hereby shall be consummated, each Note Party agrees
to promptly pay all reasonable and documented: (a)&nbsp;fees, costs and expenses incurred by Agent and the Purchasers (including
reasonable attorneys&rsquo; fees and expenses) in connection with the examination, review, due diligence investigation, documentation
and closing of the financing arrangements evidenced by the Note Documents; (b)&nbsp;fees, costs and expenses incurred by Agent
and the Purchasers (including reasonable attorneys&rsquo; fees and expenses) incurred in connection with the review, negotiation,
preparation, documentation, execution and administration of the Note Documents, the Notes, and any amendments, waivers, consents,
forbearances and other modifications relating thereto or any subordination or intercreditor agreements, including reasonable documentation
charges assessed by Agent and the Purchasers for amendments, waivers, consents and any other related documentation; (c)&nbsp;fees,
costs and expenses (including reasonable attorneys&rsquo; fees and expenses) incurred by Agent and any Purchaser in creating, perfecting
and maintaining perfection of Liens in favor of Agent, on behalf of Agent and Secured Parties; (d)&nbsp;fees, costs and expenses
incurred by Agent in connection with forwarding to the Borrower the proceeds of the Notes including Agent&rsquo;s or any Purchasers&rsquo;
standard wire transfer fee; (e)&nbsp;fees, costs, expenses and bank charges, including bank charges for returned checks, incurred
by Agent and any Purchaser in establishing, maintaining and handling lock box accounts, blocked accounts or other accounts for
collection of the Collateral; and (f)&nbsp;fees, costs, expenses (including reasonable attorneys&rsquo; fees and expenses) of Agent
and any Purchaser and costs of settlement incurred in collecting upon or enforcing rights against the Collateral or incurred in
any action to enforce this Agreement or the other Note Documents or to collect any payments due from the Borrower or any other
Note Party under this Agreement or any other Note Document or incurred in connection with any refinancing or restructuring of the
credit arrangements provided under this Agreement, whether in the nature of a &ldquo;workout&rdquo; or in connection with any insolvency
or bankruptcy proceedings or otherwise. All such fees, costs and expenses shall be part of the Obligations, payable on demand and
secured by the Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnity</U>.
In addition to the payment of expenses pursuant to <U>Section 11.1</U>, whether or not the transactions contemplated hereby shall
be consummated, each Note Party agrees to indemnify, pay and hold Agent, each Purchaser, and the officers, directors, employees,
agents, consultants, auditors, persons engaged by Agent or any Purchaser, to evaluate or monitor the Collateral, Affiliates and
attorneys of Agent, each Purchaser and such holders (collectively called the &ldquo;<U>Indemnitees</U>&rdquo;) harmless from and
against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, claims, costs, expenses and
disbursements of any kind or nature whatsoever (including the reasonable fees and disbursements of counsel for such Indemnitees
in connection with any investigative, administrative or judicial proceeding commenced or threatened, whether or not such Indemnitee
shall be designated a party thereto) that may be imposed on, incurred by, or asserted against that Indemnitee, in any manner relating
to or arising out of this Agreement or the other Note Documents, the consummation of the transactions contemplated by this Agreement,
the statements contained in the commitment letters, if any, delivered by Agent or any Purchaser, Agent&rsquo;s and each Purchaser&rsquo;s
agreement to purchase the Notes hereunder, the use or intended use of the proceeds of any of the Notes or the exercise of any right
or remedy hereunder or under the other Note Documents, including, without limitation any actual or alleged presence or release
of Hazardous Materials on or from any property owned, occupied or operated by the Borrower or any of its Subsidiaries, or any environmental
liability related in any way to the Borrower or any of its Subsidiaries or any of their respective properties (the &ldquo;<U>Indemnified
Liabilities</U>&rdquo;); <U>provided</U> that no Note Party shall have any obligation to any Indemnitee hereunder with respect
to Indemnified Liabilities arising from the gross negligence or willful misconduct of that Indemnitee as determined by a final
non-appealable judgment by a court of competent jurisdiction. For the avoidance of doubt, this <U>Section&nbsp;11.2</U> shall not
apply with respect to Charges (which, solely for the purpose of this <U>Section 11.2</U>, shall include Excluded Taxes) other than
Charges that represent losses, liabilities, damages, etc. with respect to indemnity payments on a non-Charge claim<B>. </B>Payments
under this <U>Section 11.2</U> shall be made by the Borrower to the Agent for the benefit of the relevant Indemnitee.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.
Unless otherwise specifically provided herein, all notices shall be in writing addressed to the respective party as set forth on
<U>Schedule 11.3</U> (or (i)&nbsp;with any respect to any Purchaser not party hereto on the Closing Date, in an Assignment and
Assumption Agreement or in a notice to Agent and Borrower or (ii)&nbsp;to such other address as the party addressed shall have
previously designated by written notice to the serving party, given in accordance with this <U>Section 11.3</U>) and may be personally
served, faxed, sent by overnight courier service or United States mail, or, to the extent acceptable to the Agent, e-mail; and
notices shall be deemed to have been given: (a)&nbsp;if delivered in person, when delivered; (b)&nbsp;if delivered by fax, upon
sender&rsquo;s receipt of confirmation of proper transmission on the date of transmission if transmitted on a Business Day before
4:00 p.m. New York City time or, if not, on the next succeeding Business Day; (c)&nbsp;if delivered by overnight courier, two (2)
days after delivery to such courier properly addressed; (d)&nbsp;if delivered by U.S. Mail, four (4) Business Days after depositing
in the United States mail, with postage prepaid and properly addressed; or (e) if delivered by e-mail, upon the sender&rsquo;s
receipt of an acknowledgement from the intended recipient (such as by the &ldquo;return receipt requested&rdquo; function, as available,
return e-mail or other written acknowledgement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Survival
of Representations and Warranties and Certain Agreements</U>. All agreements, representations and warranties made herein shall
survive the execution and delivery of this Agreement and the purchase of the Notes hereunder. Notwithstanding anything in this
Agreement or implied by law to the contrary, the agreements of each Note Party, Agent, and Purchasers set forth in <U>Sections
2.7</U>, <U>9.1(E)</U>, <U>10.9(A)</U>, <U>10.9(D)</U>, <U>11.1</U>, <U>11.2</U>, <U>11.6</U>, <U>11.13</U>, <U>11.14</U>, and
<U>11.15</U> shall survive the payment of the Notes and the termination of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indulgence
Not Waiver</U>. No failure or delay on the part of Agent, any Purchaser or any holder of any Note in the exercise of any power,
right or privilege hereunder or under any Note shall impair such power, right or privilege or be construed to be a waiver of any
default or acquiescence therein, nor shall any single or partial exercise of any such power, right or privilege preclude other
or further exercise thereof or of any other right, power or privilege.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Marshaling;
Payments Set Aside</U>. Neither Agent nor any Purchaser shall be under any obligation to marshal any assets in favor of any Note
Party or any other party or against or in payment of any or all of the Obligations. To the extent that any Note Party makes a payment
or payments to Agent and/or any Purchaser or Agent and/or any Purchaser enforces its security interests or exercises its rights
of set-off, and such payment or payments or the proceeds of such enforcement or set-off or any part thereof are subsequently invalidated,
declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under
any bankruptcy law, state, provincial or federal law, common law or equitable cause, then to the extent of such recovery, the Obligations
or part thereof originally intended to be satisfied, and all Liens, rights and remedies therefor, shall be revived and continued
in full force and effect as if such payment had not been made or such enforcement or set-off had not occurred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entire
Agreement</U>. This Agreement and the other Note Documents embody the entire agreement among the parties hereto and supersede all
prior commitments, agreements, representations, and understandings, whether written or oral, relating to the subject matter hereof,
and may not be contradicted or varied by evidence of prior, contemporaneous, or subsequent oral agreements or discussions of the
parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Severability</U>.
The invalidity, illegality or unenforceability in any jurisdiction of any provision in or obligation under this Agreement or the
other Note Documents shall not affect or impair the validity, legality or enforceability of the remaining provisions or obligations
under this Agreement or the other Note Documents. In the event of any such invalidity, illegality, or unenforceability, the parties
shall endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the
economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity
of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchasers&rsquo;
Obligations Several; Independent Nature of Purchasers&rsquo; Rights</U>. The obligation of each Purchaser hereunder is several
and not joint and neither Agent nor any Purchaser shall be responsible for the obligation of any other Purchaser hereunder. Nothing
contained in any Note Document and no action taken by Agent or any Purchaser pursuant hereto or thereto shall be deemed to constitute
Purchasers to be a partnership, an association, a joint venture or any other kind of entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Headings</U>.
Section and subsection headings in this Agreement are included herein for convenience of reference only and shall not constitute
a part of this Agreement for any other purpose or be given any substantive effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>APPLICABLE
LAW</U>. THIS AGREEMENT AND THE OTHER NOTE DOCUMENTS SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH,
THE INTERNAL LAWS OF THE STATE OF NEW YORK, EXCEPT TO THE EXTENT ANY SUCH OTHER NOTE DOCUMENT EXPRESSLY SELECTS THE LAW OF ANOTHER
JURISDICTION AS GOVERNING LAW THEREOF, IN WHICH CASE THE LAW OF SUCH OTHER JURISDICTION SHALL GOVERN.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns Generally</U>. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns permitted hereby, except that neither the Borrower nor any other Note Party may assign
or otherwise transfer any of its rights or obligations hereunder without the prior written consent of Agent and each Purchaser.
Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their
respective successors and assigns permitted hereby and, to the extent expressly contemplated hereby, the Indemnitees) any legal
or equitable right, remedy or claim under or by reason of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignments
by Purchasers</U>. Any Purchaser may at any time assign to one or more Persons all or a portion of its rights and obligations under
this Agreement (including all or a portion of its Notes at the time owing to it with the prior written consent of B. Riley. The
parties to each assignment shall execute and deliver to Agent an Assignment and Assumption Agreement. The assignment shall have
been recorded in the Register in accordance with paragraph (C) of this subsection.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Subject to acceptance and recording thereof
by Agent pursuant to paragraph (C) of this subsection, from and after the effective date specified in each Assignment and Assumption
Agreement, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment
and Assumption Agreement, have the rights and obligations of a Purchaser under this Agreement, and the assigning Purchaser thereunder
shall, to the extent of the interest assigned by such Assignment and Assumption Agreement, be released from its obligations under
this Agreement (and, in the case of an Assignment and Assumption Agreement covering all of the assigning Purchaser&rsquo;s rights
and obligations under this Agreement, such Purchaser shall cease to be a party hereto) but shall continue to be entitled to the
benefits of <U>Sections&nbsp;11.1</U> and <U>11.2</U> with respect to facts and circumstances occurring prior to the effective
date of such assignment. Any assignment or transfer by a Purchaser of rights or obligations under this Agreement that does not
comply with this paragraph shall be null and void.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Register</U>.
Agent, acting solely for this purpose as an agent of the Borrower, shall maintain a copy of each Assignment and Assumption Agreement
delivered to it and a register for the recordation of the names and addresses of the Purchasers and principal amounts (and related
interest amounts) of the Notes owing to, each Purchaser pursuant to the terms hereof from time to time (the &ldquo;<U>Register</U>&rdquo;).
Notwithstanding anything to the contrary herein or in the Note Documents, the entries in the Register shall be conclusive absent
manifest error, and each Note Party, Agent and the Purchasers shall treat each Person whose name is recorded in the Register pursuant
to the terms hereof as a Purchaser and the owner of the amounts owing to it under the Note Documents as reflected in the Register
for all purposes of the Note Documents. The Register shall be available for inspection by the Borrower and any Purchaser, at any
reasonable time and from time to time upon reasonable prior notice. This <U>Section 11.12</U> shall be construed so that the Notes
are at all times maintained in &ldquo;registered form&rdquo; within the meaning of Sections 163(f), 871(h)(2), and 881(c)(2) of
the IRC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Security
Interests; Assignment to Affiliates</U>. Notwithstanding any other provision set forth in this Agreement, any Purchaser may at
any time following written notice to Agent pledge the Obligations held by it or create a security interest in all or any portion
of its rights under this Agreement or the other Note Documents in favor of any Person; provided, however (a)&nbsp;no such pledge
or grant of security interest to any Person shall release such Purchaser from its obligations hereunder or under any other Note
Document and (b)&nbsp;the acquisition of title to such Purchaser&rsquo;s Obligations pursuant to any foreclosure or other exercise
of remedies by such Person shall be subject to the provisions of this Agreement and the other Note Documents in all respects including,
without limitation, any consent required by this <U>Section 11.12</U>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Fiduciary Relationship; No Duty; Limitation of Liabilities</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Fiduciary Relationship</U>. No provision in this Agreement or in any of the other Note Documents and no course of dealing between
the parties shall be deemed to create any fiduciary duty by Agent or any Purchaser to any Note Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Duty</U>. All attorneys, accountants, appraisers, and other professional Persons and consultants retained by Agent or any Purchaser
shall have the right to act exclusively in the interest of Agent or such Purchaser and shall have no duty of disclosure, duty of
loyalty, duty of care, or other duty or obligation of any type or nature whatsoever to any Note Party or any of any Note Party&rsquo;s
shareholders or any other Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
of Liabilities</U>. Neither Agent nor any Purchaser, nor any Affiliate, officer, director, shareholder, employee, attorney, or
agent of Agent or any Purchaser shall have any liability with respect to, and each Note Party hereby waives, releases, and agrees
not to sue any of them upon, any claim for any special, indirect, incidental, or consequential damages suffered or incurred by
each Note Party in connection with, arising out of, or in any way related to, this Agreement or any of the other Note Documents,
or any of the transactions contemplated by this Agreement or any of the other Note Documents. Each Note Party hereby waives, releases,
and agrees not to sue Agent or any Purchaser or any of Agent&rsquo;s or any Purchaser&rsquo;s Affiliates, officers, directors,
employees, attorneys, or agents for punitive damages in respect of any claim in connection with, arising out of, or in any way
related to, this Agreement or any of the other Note Documents, or any of the transactions contemplated by this Agreement or any
of the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>CONSENT
TO JURISDICTION</U>. EACH NOTE PARTY, AGENT AND EACH PURCHASER HEREBY CONSENTS TO THE JURISDICTION OF ANY STATE OR FEDERAL COURT
LOCATED WITHIN THE COUNTY OF NEW YORK, STATE OF NEW YORK AND IRREVOCABLY AGREES THAT ALL ACTIONS OR PROCEEDINGS ARISING OUT OF
OR RELATING TO THIS AGREEMENT OR THE OTHER NOTE DOCUMENTS SHALL BE LITIGATED IN SUCH COURTS; PROVIDED THAT ANY SUIT SEEKING ENFORCEMENT
AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT AGENT&rsquo;S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE SUCH
COLLATERAL OR OTHER PROPERTY MAY BE FOUND. EACH NOTE PARTY, AGENT AND EACH PURCHASER EXPRESSLY SUBMITS AND CONSENTS TO THE JURISDICTION
OF THE AFORESAID COURTS AND WAIVES ANY DEFENSE OF FORUM NON CONVENIENS. EACH NOTE PARTY, AGENT AND EACH PURCHASER HEREBY WAIVES
PERSONAL SERVICE OF ANY AND ALL PROCESS AND AGREES THAT ALL SUCH SERVICE OF PROCESS MAY BE MADE UPON SUCH PERSON BY CERTIFIED OR
REGISTERED MAIL, RETURN RECEIPT REQUESTED, ADDRESSED TO SUCH PERSON, AT THE ADDRESS SET FORTH IN THIS AGREEMENT AND SERVICE SO
MADE SHALL BE COMPLETE TEN (10) DAYS AFTER THE SAME HAS BEEN POSTED.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>WAIVER
OF JURY TRIAL</U>. EACH NOTE PARTY, AGENT AND EACH PURCHASER HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM
OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT AND THE OTHER NOTE DOCUMENTS. EACH NOTE PARTY, AGENT AND EACH PURCHASER
ACKNOWLEDGE THAT THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO A BUSINESS RELATIONSHIP, THAT EACH HAS RELIED ON THE WAIVER
IN ENTERING INTO THIS AGREEMENT AND THE OTHER NOTE DOCUMENTS AND THAT EACH WILL CONTINUE TO RELY ON THE WAIVER IN THEIR RELATED
FUTURE DEALINGS. EACH NOTE PARTY, AGENT AND EACH PURCHASER WARRANT AND REPRESENT THAT EACH HAS HAD THE OPPORTUNITY OF REVIEWING
THIS JURY WAIVER WITH LEGAL COUNSEL, AND THAT EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Construction</U>.
Each Note Party, Agent and each Purchaser each acknowledge that it has had the benefit of legal counsel of its own choice and has
been afforded an opportunity to review this Agreement and the other Note Documents with its legal counsel. This Agreement and the
other Note Documents shall be construed as if jointly drafted by Note Parties, Agent and each Purchaser.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Counterparts;
Effectiveness</U>. This Agreement and any amendments, waivers, consents, or supplements may be executed via facsimile or other
electronic method of transmission in any number of counterparts and by different parties hereto in separate counterparts, each
of which when so executed and delivered shall be deemed an original, but all of which counterparts together shall constitute one
and the same instrument. This Agreement shall become effective upon the execution of a counterpart hereof by each of the parties
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Confidentiality</U>.
Agent and each Purchaser agree to use commercially reasonable efforts to keep confidential any non-public information delivered
pursuant to the Note Documents and identified as such by Note Parties and not to disclose such information to Persons other than
to: its respective Affiliates, officers, directors and employees; or its potential assignees or financing sources (subject to an
agreement containing provisions substantially the same as those of this <U>Section 11.18</U>); or Persons employed by or engaged
by Agent, a Purchaser or a Purchaser&rsquo;s assignees, financing sources including, without limitation, attorneys, auditors, professional
consultants, rating agencies, and portfolio management services (it being understood that the Persons to whom such disclosure is
made will be informed of the confidential nature of such information and instructed to keep such information confidential). The
confidentiality provisions contained in this subsection shall not apply to disclosures (a)&nbsp;required to be made by Agent or
any Purchaser to, or requested to be made by, any regulatory or governmental agency or pursuant to legal process, (b)&nbsp;to effect
compliance with any law, rule, regulation or order applicable to the Agent or such Purchaser, (c)&nbsp;consisting of general portfolio
information that does not identify any Note Party, (d) with the Borrower&rsquo;s prior written consent, (e) to the extent such
information presently is or hereafter becomes (i) publicly available other than as a result of a breach of this <U>Section 11.18</U>
or (ii)&nbsp;available to Agent, Purchaser, or any of their respective Affiliates, officers, or directors, as the case may be,
from a source (other than any Note Party) not known by them to be subject to disclosure restrictions, (f) to any other party hereto,
and (g) in connection with the exercise or enforcement of any right or remedy under any Note Document, in connection with any litigation
or other proceeding to which such Agent or Purchaser is a party or bound, or to the extent necessary to respond to public statements
or disclosures by the Note Parties referring to Agent, a Purchaser, or any of their Affiliates, officers, or directors. The obligations
of Agent and Purchasers under this <U>Section&nbsp;11.18</U> shall supersede and replace the obligations of Agent and Purchasers
under any confidentiality agreement in respect of this financing executed and delivered by Agent or any Purchaser prior to the
date hereof. In no event shall Agent or any Purchaser be obligated or required to return any materials furnished by Note Parties;
provided, however, each potential assignee shall be required to agree that if it does not become an assignee it shall return all
materials furnished to it by Note Parties in connection herewith.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Notwithstanding the foregoing,
and notwithstanding any other express or implied agreement or understanding to the contrary, each of the parties hereto and their
respective employees, representatives, and other agents are authorized to disclose the tax treatment and tax structure of these
transactions to any and all persons, without limitation of any kind. Each of the parties hereto may disclose all materials of any
kind (including opinions or other tax analyses) insofar as they relate to the tax treatment and tax structure of the transactions
contemplated by the Note Documents. This authorization does not extend to disclosure of any other information including (without
limitation) (a)&nbsp;the identities of participants or potential participants in the transactions; (b)&nbsp;the existence or status
of any negotiations; (c)&nbsp;any pricing or other financial information; or (d)&nbsp;any other term or detail not related to the
tax treatment and tax structure of the transactions contemplated by the Note Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Publication</U>.
Each Note Party consents to the publication by Agent of a tombstone or similar advertising material relating to the financing transactions
contemplated by this Agreement. Agent and Purchasers reserve the right to provide industry trade organizations information necessary
and customary for inclusion in league table measurements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>USA
PATRIOT Act Notice</U>. Each Purchaser and Agent (for itself and not on behalf of any Purchaser) hereby notifies each Note Party
that pursuant to the requirements of the USA PATRIOT Act, it is required to obtain, verify and record information that identifies
each Note Party and each of its Subsidiaries, which information includes the names and addresses of each Note Party and each of
its Subsidiaries and other information that will allow such Purchaser or Agent, as applicable, to identify each Note Party and
each of its Subsidiaries in accordance with the USA PATRIOT Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agent
for Service of Process</U>. Each Note Party hereby appoints Borrower (the &ldquo;<U>Process Agent</U>&rdquo;) as its agent to receive
and forward on its behalf, and in respect of its property, service of any and all legal process, summons, notices and documents
which may be served in any action or proceeding in the state courts sitting in the city of New York, New York, United States of
America or the United States District Court for the Southern District of New York and agrees that (x)&nbsp;service in such manner
shall, to the fullest extent permitted by law, be deemed effective service of process upon it in any such suit, action or proceeding
and (y)&nbsp;the failure of the Process Agent to give any notice of any such service of process to it shall not impair or affect
the validity of such service or, to the extent permitted by applicable law, the enforcement of any judgment based thereon. If for
any reason such Process Agent shall cease to be available to act as such, each Note Party agrees to designate a new Process Agent
in the city of New York (and notify the Agent of such designation), on the terms and for the purposes of this provision, <U>provided</U>,
<U>however</U>, that the new Process Agent shall have accepted such designation in writing before the termination of the appointment
of the prior Process Agent. Each Note Party further consents to the service of process or summons by certified or registered mail,
postage prepaid, return receipt requested, directed to it at its address specified in <U>Section 11.3</U> hereof. Nothing herein
shall in any way be deemed to limit the ability of the Agent to serve legal process in any other manner permitted by applicable
law or to obtain jurisdiction over any other Person in such other jurisdictions, and in such manner, as may be permitted by applicable
law.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.22.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchase
for Investment; ERISA</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.5pt; text-align: justify; text-indent: 1in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Purchaser, severally and not jointly, represents and warrants (i)&nbsp;that it has received all information necessary or appropriate
to decide whether to acquire the Notes to be issued to it pursuant hereto, (ii)&nbsp;that it will acquire such Notes for its own
account for investment and not for resale or distribution in any manner that would violate applicable securities laws, but without
prejudice to its rights to dispose of such Notes or a portion thereof to a transferee or transferees, in accordance with such laws
and <U>Section 11.12</U> if at some future time it deems it advisable to do so, (iii)&nbsp;that it is an &ldquo;accredited investor&rdquo;
as such term is defined in Regulation D of the Commission under the Securities Act and has such knowledge, skill and experience
in business and financial matters, based on actual participation, that it is capable of evaluating the merits and risks of an investment
in the Notes and the suitability thereof as an investment for such Purchaser, and can bear the economic risk of its investment
in the Notes, and (iv)&nbsp;neither it nor anyone authorized by it to do so on its behalf (A)&nbsp;has directly or indirectly offered
any beneficial interest or security (as defined in <U>Section 2(a)(1)</U> of the Securities Act) relating to the Notes for sale
to, or solicited any offer to acquire any such interest or security from, or has sold any such interest or security to, any Person
in violation of the registration provisions of the Securities Act, (B)&nbsp;has taken any action that would subject any such interest
or security to the registration requirements of <U>Section 5</U> thereof, or the registration or qualification provisions of any
applicable blue sky or other securities law, and (C)&nbsp;will directly or indirectly make any such offer, solicitation or sale
in violation of such registration provisions of the Securities Act, or the registration or qualification provisions of any applicable
blue sky or other securities law. The acquisition of such Notes by each Purchaser at each Closing shall constitute its confirmation
of the foregoing representations and warranties. Each Purchaser understands that such Notes are being sold to it in a transaction
which is exempt from the registration requirements of the Securities Act, and that, in making the representations and warranties
contained in <U>Section 4.13</U>, the Borrower is relying, to the extent applicable, upon such Purchaser&rsquo;s representations
and warranties contained herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.5pt; text-align: justify; text-indent: 1in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Purchaser represents that at least one of the following statements is an accurate representation as to each source of funds (a
 &ldquo;Source&rdquo;) used by such Purchaser to pay the purchase price of the Notes purchased by such Purchaser hereunder:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Source is an &ldquo;insurance company general account&rdquo; as defined in Section V(e) of Prohibited Transaction Exemption (&ldquo;PTE&rdquo;)
95-60 (issued July 12, 1995) and, except as such Purchaser has disclosed to the Borrower in writing pursuant to this subsection
(1), the amount of reserves and liabilities for the general account contract(s) held by or on behalf of any employee benefit plan
or group of plans maintained by the same employer or employee organization do not exceed 10% of the total reserves and liabilities
of the general account (exclusive of separate account liabilities) plus surplus as set forth in the NAIC Annual Statement filed
with the state of domicile of the insurer; or</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Source is a separate account of an insurance company maintained by such Purchaser in which an employee benefit plan (or its related
trust) has an interest, which separate account is maintained solely in connection with its fixed contractual obligations under
which the amounts payable, or credited, to such plan and to any participant or beneficiary of such plan (including any annuitant)
are not affected in any manner by the investment performance of the separate account; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Source is either (A)&nbsp;an insurance company pooled separate account, within the meaning of PTE 90-1 (issued January 29, 1990),
or (B)&nbsp;a bank collective investment fund, within the meaning of the PTE 91-38 (issued July 12, 1991) and, except as such Purchaser
has disclosed to the Borrower in writing pursuant to this subsection (3), no employee benefit plan or group of plans maintained
by the same employer or employee organization beneficially owns more than 10% of all assets allocated to such pooled separate account
or collective investment fund; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Source constitutes assets of an &ldquo;investment fund&rdquo; (within the meaning of Part VI of PTE 84-14 (the &ldquo;QPAM Exemption&rdquo;))
managed by a &ldquo;qualified professional asset manager&rdquo; or &ldquo;QPAM&rdquo; (within the meaning of Part VI of the QPAM
Exemption), no employee benefit plan&rsquo;s assets that are managed by the QPAM in such investment fund, when combined with the
assets of all other employee benefit plans established or maintained by the same employer or by an affiliate (within the meaning
of Part VI(c)(1) of the QPAM Exemption) of such employer or by the same employee organization and managed by such QPAM, represent
more than 20% of the total client assets managed by such QPAM, the conditions of Part I(c) and (g) of the QPAM Exemption are satisfied,
neither the QPAM nor a person controlling or controlled by the QPAM maintains an ownership interest in the Borrower that would
cause the QPAM and such Borrower to be &ldquo;related&rdquo; within the meaning of Part VI(h) of the QPAM Exemption and (i)&nbsp;the
identity of such QPAM and (ii)&nbsp;the names of any employee benefit plans whose assets in the investment fund, when combined
with the assets of all other employee benefit plans established or maintained by the same employer or by an affiliate (within the
meaning of Part VI(c)(1) of the QPAM Exemption) of such employer or by the same employee organization, represent 10% or more of
the assets of such investment fund, have been disclosed to the Borrower in writing pursuant to this clause (4); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Source constitutes assets of a &ldquo;plans(s) (within the meaning of Part IV(h) of PTE 96-23 (the &ldquo;INHAM Exemption&rdquo;)
managed by an &ldquo;in-house asset manager&rdquo; or &ldquo;INHAM&rdquo; (within the meaning of Part IV(a) of the INHAM Exemption),
the conditions of Part I(a), (g) and (h) of the INHAM Exemption are satisfied, neither the INHAM nor a person controlling or controlled
by the INHAM (applying the definition of &ldquo;control&rdquo; in Part IV(d)(3) of the INHAM Exemption) owns a 10% or more interest
in the Companies and (A)&nbsp;the identity of such INHAM and (B)&nbsp;the name(s) of the employee benefit plan(s) whose assets
constitute the Source have been disclosed to the Companies in writing pursuant to this <U>Section 11.25(B)(5)</U>; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(6)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Source is a governmental plan; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(7)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Source is one or more employee benefit plans, or a separate account or trust fund comprised of one or more employee benefit plans,
each of which has been identified to the Borrower in writing pursuant to this <U>Section 11.25(B)(7)</U>; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(8)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Source does not include assets of any employee benefit plan, other than a plan exempt from the coverage of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; text-align: justify">As used in this <U>Section 11.22</U>, the
terms &ldquo;employee benefit plan&rdquo;, &ldquo;governmental plan&rdquo; and &ldquo;separate account&rdquo; shall have the respective
meanings assigned to such terms in Section 3 of ERISA, and the term &ldquo;QPAM Exemption&rdquo; means PTE 84-14 (issued March
13, 1984, as amended).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[<I>Signature pages follow</I>]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF,
the parties hereto have caused this Agreement to be executed by their respective officers thereunto duly authorized, as of the
date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">NOTE PARTIES:</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>theMaven, Inc.</B>, as the Borrower</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 47%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name: James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title: CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>Maven Coalition, Inc.</B><FONT STYLE="text-transform: uppercase">,</FONT> as a Guarantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name: James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title: CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>Say Media, Inc.</B><FONT STYLE="text-transform: uppercase">,</FONT> as a Guarantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name: James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title: CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>HubPages, Inc.</B><FONT STYLE="text-transform: uppercase">,</FONT> as a Guarantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name: James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title: CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>TST Acquisition Co, Inc.</B></FONT><FONT STYLE="text-transform: uppercase">,</FONT> as a Guarantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name: James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title: CEO</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[Signature Page to Note Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">AGENT AND PURCHASERS:</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BRF Finance Co., LLC,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as Agent and a Purchaser</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 47%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Bryant R. Riley</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name:  Bryant R. Riley</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title: Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[Signature Page to Note Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>tv523376_ex10-4.htm
<DESCRIPTION>EXHIBIT 10.4
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.4</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">THIS NOTE HAS NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE &ldquo;<U>ACT</U>&rdquo;), OR OTHER APPLICABLE SECURITIES LAW AND
MAY NOT BE SOLD, ASSIGNED, PLEDGED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT
COVERING THE TRANSFER OR PURSUANT TO AN EXEMPTION FROM REGISTRATION.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">THE FOLLOWING INFORMATION IS SUPPLIED SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES. THIS NOTE MAY BE ISSUED WITH ORIGINAL ISSUE DISCOUNT (&lsquo;&lsquo;<U>OID</U>&rsquo;&rsquo;)
WITHIN THE <FONT STYLE="text-transform: uppercase">MEANING</FONT> OF SECTION 1273 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
(THE &lsquo;&lsquo;<U>CODE</U>&rsquo;&rsquo;), AND THIS LEGEND IS REQUIRED BY TREASURY REGULATIONS PROMULGATED UNDER SECTION 1275(c)
OF THE CODE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="text-transform: uppercase">Holders
may obtain information regarding the amount of OID (IF ANY), the issue price, the issue date, and the yield to maturity relating
to the notes by contacting THE LEGAL DEPARTMENT at THEMAVEN, INC., 1500 FOURT AVENUE, SUITE 200, SEATTLE, WA 98101, <U>LEGAL@MAVEN.IO</U>,
OR AT (646) 732-4427.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">THEMAVEN,
INC.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">12.00% Note due July 31, 2019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt">No. R-1</TD>
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">$20,000,000.00</TD>
    <TD STYLE="text-align: right; font-size: 10pt">June 10, 2019</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THEMAVEN, INC., a Delaware
corporation (the &ldquo;<U>Company</U>&rdquo;), for value received, hereby promises to pay to BRF FINANCE CO., LLC (the foregoing,
and any successors or its registered assigns of this Note, &ldquo;<U>Holder</U>&rdquo;), the principal amount of TWENTY MILLION]=
DOLLARS ($20,000,000) on the Maturity Date, with interest (computed on the basis of the actual number of days elapsed over a 360-day
year) on the unpaid balance of such principal amount at the rates, on the dates and in the manner specified in the Note Purchase
Agreement (as defined below); <U>provided</U> that in no event shall the amount payable by the Company as interest on this Note
exceed the highest lawful rate permissible under any law applicable hereto. Payments of principal, premium, if any, and interest
hereon shall be made in lawful money of the United States of America by the method and at the address for such purpose specified
in the Note Purchase Agreement hereinafter referred to, and such payments shall be overdue for purposes hereof if not made on the
originally scheduled date of payment therefor, without giving effect to any applicable grace period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Note is one of
the Company&rsquo;s 12.00% Notes due July 31, 2019, issued pursuant to that certain Note Purchase Agreement dated June 10, 2019
(such agreement, as amended, modified and supplemented from time to time, the &ldquo;<U>Note Purchase Agreement</U>&rdquo;) among,
among others, the Company, the other Note Parties named therein, and the Purchasers named therein, and the holder hereof is entitled
to the benefits of the Note Purchase Agreement and the other Note Documents referred to in the Note Purchase Agreement and may
enforce the agreements contained therein and exercise the remedies provided for thereby or otherwise available in respect thereof,
all in accordance with the terms thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Note is subject
to prepayment only as specified in the Note Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Capitalized terms used
herein without definition have the meanings ascribed to them in the Note Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Note is in registered
form and is transferable only by surrender hereof at the principal executive office of the Company as provided in the Note Purchase
Agreement. This Note may not be transferred except in accordance with the provisions of the Note Purchase Agreement and any purported
transfer in violation of the terms of the Note Purchase Agreement shall be null and void. The Company may treat the person in whose
name this Note is registered on the Note register maintained at such office pursuant to the Note Purchase Agreement as the owner
hereof for all purposes, and the Company shall not be affected by any notice to the contrary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In case an Event of
Default, as defined in the Note Purchase Agreement, shall occur and be continuing, the unpaid balance of the principal of this
Note may be declared and become due and payable in the manner and with the effect provided in the Note Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The parties hereto,
including the makers and all guarantors and endorsers of this Note, hereby waive presentment, demand, notice, protest and all other
demands and notices in connection with the delivery, acceptance, performance or enforcement of this Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS NOTE SHALL BE
GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[REMAINDER OF PAGE INTENTIONALLY
LEFT BLANK]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, the Company has executed
this Note as an instrument under seal as of the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 215.05pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><B>THEMAVEN, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">By:</TD>
    <TD STYLE="font-size: 10pt; width: 45%; border-bottom: Black 1pt solid">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">Name: </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">Title: </TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">[Signature Page to Note]</P>

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<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>6
<FILENAME>tv523376_ex10-5.htm
<DESCRIPTION>EXHIBIT 10.5
<TEXT>
<HTML>
<HEAD>
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<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;Exhibit 10.5</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PLEDGE AND SECURITY AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">dated as of June&nbsp;10, 2019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">among</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THEMAVEN, INC.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EACH OF THE OTHER GRANTORS FROM TIME TO
TIME PARTY HERETO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BRF FINANCE CO., LLC,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal"><U>Table
of Contents</U></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5in; text-align: center; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="width: 11%; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 77%; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: center; font-weight: bold">Page</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 1.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Definitions and Interpretations</TD>
    <TD STYLE="text-indent: 0in; text-align: right">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">1.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">General Definitions</TD>
    <TD STYLE="text-indent: 0in; text-align: right">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">1.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Definitions; Interpretation</TD>
    <TD STYLE="text-indent: 0in; text-align: right">8</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">1.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Perfection Certificate References</TD>
    <TD STYLE="text-indent: 0in; text-align: right">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 2.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Grant of Security</TD>
    <TD STYLE="text-indent: 0in; text-align: right">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">2.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Grant of Security</TD>
    <TD STYLE="text-indent: 0in; text-align: right">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">2.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Certain Limited Exclusions</TD>
    <TD STYLE="text-indent: 0in; text-align: right">10</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Security for Obligations; Grantors Remain Liable</TD>
    <TD STYLE="text-indent: 0in; text-align: right">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">3.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Security for Secured Obligations</TD>
    <TD STYLE="text-indent: 0in; text-align: right">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">3.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Continuing Liability Under Collateral</TD>
    <TD STYLE="text-indent: 0in; text-align: right">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Representations and Warranties and Covenants</TD>
    <TD STYLE="text-indent: 0in; text-align: right">12</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">4.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Reserved</TD>
    <TD STYLE="text-indent: 0in; text-align: right">12</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">4.4</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Investment Related Property</TD>
    <TD STYLE="text-indent: 0in; text-align: right">12</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in; text-align: right">4.4.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in; padding-left: 0.125in">Investment Related Property Generally</TD>
    <TD STYLE="text-indent: 0in; text-align: right">12</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in; text-align: right">4.4.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in; padding-left: 0.125in">Pledged Equity Interests</TD>
    <TD STYLE="text-indent: 0in; text-align: right">14</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in; text-align: right">4.4.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in; padding-left: 0.125in">Reserved</TD>
    <TD STYLE="text-indent: 0in; text-align: right">16</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in; text-align: right">4.4.4</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in; padding-left: 0.125in">Investment Accounts</TD>
    <TD STYLE="text-indent: 0in; text-align: right">16</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">4.6</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Intellectual Property</TD>
    <TD STYLE="text-indent: 0in; text-align: right">16</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">4.7</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Commercial Tort Claims</TD>
    <TD STYLE="text-indent: 0in; text-align: right">17</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 5.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Further Assurances; Additional Grantors</TD>
    <TD STYLE="text-indent: 0in; text-align: right">17</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">5.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Further Assurances</TD>
    <TD STYLE="text-indent: 0in; text-align: right">17</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">5.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Additional Grantors</TD>
    <TD STYLE="text-indent: 0in; text-align: right">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 6.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Agent Appointed Attorney-In-Fact</TD>
    <TD STYLE="text-indent: 0in; text-align: right">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">6.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Power of Attorney</TD>
    <TD STYLE="text-indent: 0in; text-align: right">18</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">6.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">No Duty on the Part of Agent or Secured Parties</TD>
    <TD STYLE="text-indent: 0in; text-align: right">20</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 7.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Remedies</TD>
    <TD STYLE="text-indent: 0in; text-align: right">20</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">7.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Generally</TD>
    <TD STYLE="text-indent: 0in; text-align: right">20</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">7.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Application of Proceeds</TD>
    <TD STYLE="text-indent: 0in; text-align: right">22</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">7.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Sales on Credit</TD>
    <TD STYLE="text-indent: 0in; text-align: right">22</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">7.4</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Investment Related Property</TD>
    <TD STYLE="text-indent: 0in; text-align: right">23</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="width: 11%; text-align: center">7.5</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 77%; text-indent: 0in">Intellectual Property</TD>
    <TD STYLE="width: 10%; text-indent: 0in; text-align: right">23</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">7.6</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Cash Proceeds</TD>
    <TD STYLE="text-indent: 0in; text-align: right">25</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 8.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Continuing Security Interest</TD>
    <TD STYLE="text-indent: 0in; text-align: right">25</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 9.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Termination or Release</TD>
    <TD STYLE="text-indent: 0in; text-align: right">26</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 10.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Standard of Care; Agent May Perform</TD>
    <TD STYLE="text-indent: 0in; text-align: right">26</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 11.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Amendment; Waiver</TD>
    <TD STYLE="text-indent: 0in; text-align: right">26</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 12.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Miscellaneous</TD>
    <TD STYLE="text-indent: 0in; text-align: right">27</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 13.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: 0in">APPLICABLE LAW</TD>
    <TD STYLE="text-indent: 0in; text-align: right">27</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">This <B>PLEDGE AND SECURITY
AGREEMENT</B>, dated as of June 10, 2019 (this &ldquo;<U>Agreement</U>&rdquo;), is entered into by and among THEMAVEN, INC., a
Delaware corporation (the &ldquo;<U>Borrower</U>&rdquo;), CERTAIN DIRECT AND INDIRECT SUBSIDIARIES OF THE BORROWER FROM TIME TO
TIME PARTY HERETO (the &ldquo;<U>Subsidiary Grantors</U>&rdquo; and, collectively with the Borrower, the &ldquo;<U>Grantors</U>&rdquo;)
and BRF FINANCE CO., LLC, as agent for the Purchasers (as herein defined) (in such capacity, together with its successors and assigns,
the &ldquo;<U>Agent</U>&rdquo;).</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">RECITALS:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, reference is
made to that certain Note Purchase Agreement, dated as of the date hereof (as it may be amended, restated, amended and restated,
supplemented or otherwise modified from time to time, the &ldquo;<U>Note Purchase Agreement</U>&rdquo;) by and among the Borrower,
the Guarantors (as defined therein) from time to time party thereto, the Purchasers named therein or which thereafter become a
party thereto (each a &ldquo;<U>Purchaser</U>&rdquo; and collectively, the &ldquo;<U>Purchasers</U>&rdquo;) and the Agent, pursuant
to which the Agent and the Purchasers have agreed, subject to the terms and conditions contained therein, to provide certain financial
accommodations to the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">In order to induce the
Agent and the Purchasers to provide or continue to provide the financial accommodations described in the Note Purchase Agreement,
Grantors have agreed to pledge and grant a security interest to the Agent for its benefit and for the ratable benefit of the other
Secured Parties in the Collateral (as hereinafter defined);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">NOW, THEREFORE, for value
and in consideration of the premises and the agreements, provisions and covenants herein contained, each Grantor and the Agent
agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Definitions
and Interpretations</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 0.5in">1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>General
Definitions</U></FONT>. &nbsp;&nbsp;&nbsp;In this Agreement, the following terms shall have the following meanings:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Accounts</U>&rdquo;
shall mean all &ldquo;accounts&rdquo; as such term is defined in Article&nbsp;9 of the UCC, whether now owned or hereafter acquired,
including all present and future rights of a Grantor to payment of a monetary obligation, whether or not earned by performance,
which is not evidenced by Chattel Paper or an Instrument, (a)&nbsp;for property that has been or is to be sold, leased, licensed,
assigned, or otherwise disposed of, (b)&nbsp;for services rendered or to be rendered, (c)&nbsp;for a secondary obligation incurred
or to be incurred or (d)&nbsp;arising out of the use of a credit or charge card or information contained on or for use with such
a card.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Additional
Grantors</U>&rdquo; shall have the meaning assigned in Section&nbsp;5.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Agent</U>&rdquo;
shall have the meaning set forth in the preamble hereto, and shall include its successors and assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Agreement</U>&rdquo;
shall have the meaning set forth in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Bankruptcy
Code</U>&rdquo; shall mean Title&nbsp;11 of the United States Code entitled &ldquo;Bankruptcy,&rdquo; as now and hereafter in effect,
or any successor statute.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Borrower</U>&rdquo;
and shall have the meaning set forth in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Cash Proceeds</U>&rdquo;
shall mean all Proceeds of any Collateral received by any Grantor consisting of cash and checks.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Chattel Paper</U>&rdquo;
shall mean all &ldquo;chattel paper&rdquo; as such term is defined in Article&nbsp;9 of the UCC, including all &ldquo;electronic
chattel paper&rdquo; and all &ldquo;tangible chattel paper,&rdquo; as each such term is defined in Article&nbsp;9 of the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Closing Date</U>&rdquo;
shall mean June 10, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Collateral</U>&rdquo;
has the meaning assigned to such term in Section&nbsp;2.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Collateral
Support</U>&rdquo; shall mean all property (real or personal) assigned, hypothecated or otherwise securing any Collateral and shall
include any security agreement or other agreement granting a lien or security interest in such real or personal property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Commercial
Tort Claims</U>&rdquo; shall mean all &ldquo;commercial tort claims&rdquo; as such term is defined in Article&nbsp;9 of the UCC
asserted by any Grantor or in which any Grantor has any rights, including all commercial tort claims listed in Section&nbsp;2(l)
of the Perfection Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Commodities
Accounts</U>&rdquo; (i)&nbsp;shall mean all &ldquo;commodity accounts&rdquo; as such term is defined in Article&nbsp;9 of the UCC
and (ii)&nbsp;shall include all commodity accounts listed in Section&nbsp;2(n) of the Perfection Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Copyright Licenses</U>&rdquo;
shall mean any and all agreements providing for the granting of any right in or to Copyrights (only if Grantor is a licensor or
an exclusive licensee thereunder and in each case solely to the extent of such Grantor&rsquo;s interest), including each agreement
referred to in Section&nbsp;2(h) of the Perfection Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Copyrights</U>&rdquo;
shall mean all United States and foreign copyrights (including community designs), whether now or hereafter owned by or exclusively
licensed to any Grantor, including copyrights in Software and databases, and all Mask Works (as defined under 17&nbsp;U.S.C.&nbsp;901
of the U.S. Copyright Act), whether registered or not registered, and, with respect to any and all of the foregoing: (i)&nbsp;all
registrations and applications therefor, including registrations and applications referred to in Section&nbsp;2(h) of the Perfection
Certificate, (ii)&nbsp;all extensions and renewals thereof, (iii)&nbsp;all rights corresponding thereto throughout the world, (iv)&nbsp;all
rights to sue for past, present and future infringements thereof, and (v)&nbsp;all Proceeds of the foregoing, including licenses,
royalties, income, payments, claims, damages and proceeds of suit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Deposit Accounts</U>&rdquo;
(i)&nbsp;shall mean all &ldquo;deposit accounts&rdquo; as such term is defined in Article&nbsp;9 of the UCC and (ii)&nbsp;shall
include all deposit accounts listed in Section&nbsp;2(n) of the Perfection Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Documents</U>&rdquo;
shall mean all &ldquo;documents&rdquo; as such term is defined in Article&nbsp;9 of the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Equipment</U>&rdquo;
shall mean all &ldquo;equipment&rdquo; as such term is defined in Article&nbsp;9 of the UCC, and in any event, shall include (i)&nbsp;all
machinery, equipment, furnishings, appliances, furniture, fixtures, tools and vehicles now or hereafter owned by any Grantor (in
each case, regardless of whether characterized as equipment under the UCC) and (ii)&nbsp;any and all accessions, substitutions,
replacements or additions of any of the foregoing, all parts thereof, wherever located, whether or not at any time of determination
incorporated or installed therein or attached thereto, and all replacements therefor, together with all attachments, components,
parts, equipment and accessories installed thereon or affixed thereto, wherever located, now or hereafter existing, including any
fixtures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded Assets</U>&rdquo;
shall have the meaning given to such term in Section&nbsp;2.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>General Intangibles</U>&rdquo;
(i)&nbsp;shall mean all &ldquo;general intangibles&rdquo; as such term is defined in Article&nbsp;9 of the UCC, including &ldquo;payment
intangibles&rdquo; as such term is defined in Article&nbsp;9 of the UCC, and (ii)&nbsp;shall include all interest rate or currency
protection or hedging arrangements, all tax refunds, all licenses, permits, concessions and authorizations and all Intellectual
Property (in each case, regardless of whether characterized as general intangibles under the UCC).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Goods</U>&rdquo;
(i)&nbsp;shall mean all &ldquo;goods&rdquo; as such term is defined in Article&nbsp;9 of the UCC and (ii)&nbsp;shall include all
Inventory and Equipment (in each case, regardless of whether characterized as goods under the UCC).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Grantor</U>&rdquo;
shall have the meaning set forth in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Insolvency
Proceeding</U>&rdquo; shall mean: (a)&nbsp;any voluntary or involuntary petition, case or proceeding under the Bankruptcy Code
with respect to any Grantor; (b)&nbsp;any other voluntary or involuntary insolvency or bankruptcy petition, case or proceeding,
or any similar petition, case or proceeding (including receiverships, liquidations, reorganizations or recapitalizations) under
any applicable bankruptcy, insolvency or other similar law with respect to any Grantor or with respect to a material portion of
its assets or the claims of its creditors; (c)&nbsp;the admission in writing by any Grantor of its inability to pay its debts generally
as they become due; (d)&nbsp;any liquidation, dissolution, or winding up of any Grantor whether voluntary or involuntary and whether
or not involving insolvency or bankruptcy; or (e)&nbsp;any assignment for the benefit of creditors or any other marshaling of assets
and liabilities for creditors of any Grantor or other similar arrangement in respect of such Grantor&rsquo;s creditors generally.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Instruments</U>&rdquo;
shall mean all &ldquo;instruments&rdquo; as such term is defined in Article&nbsp;9 of the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Intellectual
Property</U>&rdquo; shall mean, collectively, the Software, the Copyrights, the Copyright Licenses, the Patents, the Patent Licenses,
the Trademarks, the Trademark Licenses, the Trade Secrets and the Trade Secret Licenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Inventory</U>&rdquo;
shall mean (i)&nbsp;all &ldquo;inventory&rdquo; as such term is defined in Article&nbsp;9 of the UCC and (ii)&nbsp;(a)&nbsp;all
goods held for sale or lease or to be furnished under contracts of service or so leased or furnished, all raw materials, work in
process, finished goods, and materials used or consumed in the manufacture, packing, shipping, advertising, selling, leasing, furnishing
or production of such inventory or otherwise used or consumed in any Grantor&rsquo;s business, (b)&nbsp;all goods in which any
Grantor has an interest in mass or a joint or other interest or right of any kind, (c)&nbsp;all goods which are returned to or
repossessed by any Grantor, (d)&nbsp;all computer programs embedded in any goods and (e)&nbsp;all accessions and products of the
foregoing (in each case, regardless of whether characterized as inventory under the UCC).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Investment
Accounts</U>&rdquo; shall mean all Securities Accounts, Commodities Accounts and Deposit Accounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Investment
Related Property</U>&rdquo; shall mean (i)&nbsp;all &ldquo;investment property&rdquo; (as such term is defined in Article&nbsp;9
of the UCC) and (ii)&nbsp;all Pledged Equity Interests, Pledged Debt, Investment Accounts and certificates of deposit (in each
case, regardless of whether classified as investment property under the UCC).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Joinder to
Pledge and Security Agreement</U>&rdquo; shall mean a joinder agreement to this Agreement, which shall be in form and substance
acceptable to the Agent in its discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Letter-of-Credit
Right</U>&rdquo; shall mean &ldquo;letter-of-credit right&rdquo; as such term is defined in Article&nbsp;9 of the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Note Purchase
Agreement</U>&rdquo; shall have the meaning set forth in the recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Patent Licenses</U>&rdquo;
shall mean all agreements providing for the granting of any right in or to Patents (only if a Grantor is a licensor or an exclusive
licensee thereunder and solely to the extent of such Grantor&rsquo;s right).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Patents</U>&rdquo;
shall mean all patents (whether United States or foreign) in or to which any Grantor now has or hereafter has any right, title
or interest therein and certificates of invention, or similar industrial property rights, and applications for any of the foregoing,
including: (i)&nbsp;each patent and patent application listed in Section&nbsp;2(i) of the Perfection Certificate, (ii)&nbsp;all
reissues, divisions, continuations (including continuations in-part and improvements thereof), extensions, renewals, and reexaminations
thereof, (iii)&nbsp;all rights corresponding thereto throughout the world, (iv)&nbsp;all inventions, discoveries, designs and improvements
described therein, (v)&nbsp;all rights to sue for past, present and future infringements thereof, (vi)&nbsp;all licenses, claims,
damages, and proceeds of suit arising therefrom, and (vii)&nbsp;all Proceeds of the foregoing, including licenses, royalties, income,
payments, claims, damages, and proceeds of suit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Perfection
Certificate</U>&rdquo; shall mean the Perfection Certificate delivered on the Closing Date by the Grantors to the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledge Supplement</U>&rdquo;
shall mean any supplement to this Agreement relating to Pledged Equity Interests acquired by the Grantors after the date hereof,
which shall be in form and substance acceptable to the Agent in its discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledged Debt</U>&rdquo;
shall mean all indebtedness owed to a Grantor, including all indebtedness described in Section&nbsp;2(k) of the Perfection Certificate,
issued by the obligors named therein, the instruments evidencing such indebtedness, and all interest, cash, instruments and other
property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all
of such indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledged Equity
Interests</U>&rdquo; shall mean all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests, Pledged Trust Interests
and all other ownership interests owned by any Grantor in any Person and all rights and privileges of any Grantor with respect
to any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledged LLC
Interests</U>&rdquo; shall mean all interests in any limited liability company owned by a Grantor, including all limited liability
company interests listed in Section&nbsp;2(j) of the Perfection Certificate, and all certificates, if any, representing such limited
liability company interests and any interest of a Grantor on the books and records of such limited liability company or on the
books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants,
rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed
in respect of or in exchange for any or all of such limited liability company interests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledged Partnership
Interests</U>&rdquo; shall mean all interests in any general partnership, limited partnership, limited liability partnership or
other partnership owned by a Grantor, including all partnership interests listed in Section&nbsp;2(j) of the Perfection Certificate,
and all certificates, if any, representing such partnership interests and any interest of a Grantor on the books and records of
such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions,
cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable
or otherwise distributed in respect of or in exchange for any or all of such partnership interests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledged Stock</U>&rdquo;
shall mean all shares of capital stock owned by a Grantor, including all shares of capital stock listed in Section&nbsp;2(j) of
the Perfection Certificate, and all certificates, if any, representing such shares and any interest of a Grantor in the entries
on the books of the issuer of such shares or on the books of any securities intermediary pertaining to such shares, and all dividends,
distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received,
receivable or otherwise distributed in respect of or in exchange for any or all of such shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledged Trust
Interests</U>&rdquo; shall mean all interests in a Delaware business trust or other trust owned (whether legally or beneficially)
by a Grantor, including all trust interests listed in Section&nbsp;2(j) of the Perfection Certificate, and all certificates, if
any, representing such trust interests and any interest of a Grantor on the books and records of such trust or on the books and
records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options,
instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect
of or in exchange for any or all of such trust interests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Proceeds</U>&rdquo;
shall mean all &ldquo;proceeds&rdquo; as such term is defined in Article&nbsp;9 of the UCC and, in any event, shall also include
(i)&nbsp;any and all proceeds of any insurance, indemnity, warranty or guaranty payable to the Agent or any Grantor from time to
time with respect to any of the Collateral, (ii)&nbsp;any and all payments (in any form whatsoever) made or due and payable to
any Grantor from time to time in connection with any requisition, confiscation, condemnation, seizure or forfeiture of all or any
part of the Collateral by any Governmental Authority (or any Person acting on behalf of any Governmental Authority), (iii)&nbsp;payments
or distributions made with respect to any Investment Related Property, (iv)&nbsp;whatever is receivable or received when Collateral
or proceeds are sold, leased, licensed, exchanged, collected or otherwise disposed of, whether such disposition is voluntary or
involuntary and (v)&nbsp;any and all other amounts from time to time paid or payable under or in connection with any of the Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Purchaser</U>&rdquo;
shall have the meaning set forth in the recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Receivables</U>&rdquo;
shall mean all rights to payment, whether or not earned by performance, for goods or other property sold, leased, licensed, assigned
or otherwise disposed of, or services rendered or to be rendered, including all such rights constituting or evidenced by any Account,
Payment Intangible, Chattel Paper, Instrument, General Intangible or Investment Related Property, together with all of a Grantor&rsquo;s
rights, if any, in any goods or other property giving rise to such right to payment and all Collateral Support and Supporting Obligations
related thereto and all Receivables Records.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Receivables
Records</U>&rdquo; shall mean (i)&nbsp;all original copies of all documents, instruments or other writings or electronic records
or other Records evidencing any Receivables, (ii)&nbsp;all books, correspondence, credit or other files, Records, ledger sheets
or cards, invoices, and other papers relating to Receivables, including all tapes, cards, computer tapes, computer discs, computer
runs, record keeping systems and other papers and documents relating to any Receivables, whether in the possession or under the
control of a Grantor or any computer bureau or agent from time to time acting for a Grantor or otherwise, (iii)&nbsp;all evidences
of the filing of financing statements and the registration of other instruments in connection therewith, and amendments, supplements
or other modifications thereto, notices to other creditors or secured parties, and certificates, acknowledgments, or other writings,
including lien search reports, from filing or other registration officers, (iv)&nbsp;all credit information, reports and memoranda
relating thereto and (v)&nbsp;all other written or non-written forms of information related in any way to the foregoing or any
Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Record</U>&rdquo;
shall have the meaning specified in Article&nbsp;9 of the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Secured Obligations</U>&rdquo;
shall mean all the Obligations of each Grantor, including (i)&nbsp;any and all sums advanced by the Agent in order to preserve
the Collateral or preserve its security interest in the Collateral and (ii)&nbsp;in the event of any proceeding for the collection
or enforcement of any Obligations of each Grantor, after an Event of Default shall have occurred and be continuing, the reasonable
expenses of retaking, holding, preparing for sale or lease, selling or otherwise disposing of or realizing on the Collateral, or
of any exercise by the Agent of its rights hereunder, together with reasonable attorneys&rsquo; fees and expenses and court costs;
it being acknowledged and agreed that the &ldquo;Secured Obligations&rdquo; shall include extensions of credit or incurrence of
indebtedness of the types described above, whether outstanding on the date of this Agreement or extended or incurred from time
to time after the date of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Securities</U>&rdquo;
shall mean all &ldquo;securities&rdquo; as such term is defined in Article&nbsp;8 of the UCC, any stock, shares, partnership interests,
voting trust certificates, certificates of interest or participation in any profit sharing agreement or arrangement, options, warrants,
bonds, debentures, notes, or other evidences of indebtedness, secured or unsecured, convertible, subordinated or otherwise, or
in general any instruments commonly known as &ldquo;securities&rdquo; or any certificates of interest, shares or participations
in temporary or interim certificates for the purchase or acquisition of, or any right to subscribe to, purchase or acquire, any
of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Securities
Accounts</U>&rdquo; (i)&nbsp;shall mean all &ldquo;securities accounts&rdquo; as such term is defined in Article&nbsp;8 of the
UCC and (ii)&nbsp;shall include all of the securities accounts listed in Section&nbsp;2(n) of the Perfection Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Software</U>&rdquo;
shall mean computer programs, object code, source code and supporting documentation, including &ldquo;software&rdquo; as such term
is defined in the UCC, and computer programs that may be construed as included in the definition of &ldquo;goods&rdquo; in the
UCC, all licensed rights to the foregoing, and all media on which any such programs, code, documentation or associated data may
be stored.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subsidiary
Grantor</U>&rdquo; shall have the meaning set forth in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Supporting
Obligation</U>&rdquo; shall mean all &ldquo;supporting obligations&rdquo; as such term is defined in Article&nbsp;9 of the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Trade Secret
Licenses</U>&rdquo; shall mean any and all agreements providing for the granting of any right in or to Trade Secrets (only if such
Grantor is a licensor or an exclusive licensee thereunder and solely to the extent of such Grantor&rsquo;s rights).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Trade Secrets</U>&rdquo;
shall mean all trade secrets and all other confidential or proprietary information and know-how in which any Grantor now has or
hereafter has any right, title or interest therein, whether or not any of the foregoing has been reduced to a writing or other
tangible form, including all documents and things embodying, incorporating, or referring in any way to any of the foregoing, including:
(i)&nbsp;any secretly held existing engineering or other data, information, production procedures and other know-how relating to
the design manufacture, assembly, installation, use, operation, marketing, sale and/or servicing of any products or business of
any Grantor worldwide, (ii)&nbsp;the right to sue for past, present and future misappropriation or other violation thereof and
(iii)&nbsp;all Proceeds of the foregoing, including licenses, royalties, income, payments, claims, damages, and proceeds of suit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Trademark Licenses</U>&rdquo;
shall mean any and all agreements providing for the granting of any right in or to Trademarks (only if such Grantor is a licensor
or an exclusive licensee thereunder and solely to the extent of such Grantor&rsquo;s rights).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Trademarks</U>&rdquo;
shall mean all United States and foreign trademarks, trade names, corporate names, company names, business names, fictitious business
names, Internet domain names, service marks, certification marks, collective marks, logos, trade dress, other source or business
identifiers, designs and general intangibles of a like nature, and all registrations and applications for any of the foregoing
in which any Grantor now has or hereafter has any right, title or interest, including: (i)&nbsp;the registrations and applications
referred to in Section&nbsp;2(g) of the Perfection Certificate, (ii)&nbsp;all extensions or renewals of any of the foregoing, (iii)&nbsp;all
of the goodwill of the business connected with the use of and symbolized by the foregoing, (iv)&nbsp;the right to sue for past,
present and future infringement or dilution of or unfair competition with any of the foregoing or for any injury to goodwill, and
(v)&nbsp;all Proceeds of the foregoing, including licenses, royalties, income, payments, claims, damages, and proceeds of suit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>United States</U>&rdquo;
shall mean the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Definitions;
Interpretation</U></FONT>. &nbsp;&nbsp;&nbsp;Capitalized terms used herein (including the preamble and recitals hereto) and not otherwise defined
herein shall have the respective meanings ascribed thereto in the Note Purchase Agreement. Capitalized terms used herein (including
the preamble and recitals hereto) and not otherwise defined herein or in the Note Purchase Agreement shall have the meanings ascribed
thereto in the Uniform Commercial Code as in effect from time to time in the State of New York. References to &ldquo;Sections,&rdquo;
 &ldquo;Exhibits&rdquo; and &ldquo;Schedules&rdquo; shall be to Sections, Exhibits and Schedules, as the case may be, of this Agreement
unless otherwise specifically provided. Section headings in this Agreement are included herein for convenience of reference only
and shall not constitute a part of this Agreement for any other purpose or be given any substantive effect. Any of the terms defined
herein may, unless the context otherwise requires, be used in the singular or the plural, depending on the reference. The use herein
of the word &ldquo;include&rdquo; or &ldquo;including,&rdquo; when following any general statement, term or matter, shall not be
construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or
to similar items or matters, whether or not non-limiting language (such as &ldquo;without limitation&rdquo; or &ldquo;but not limited
to&rdquo; or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or
matters that fall within the broadest possible scope of such general statement, term or matter. Unless the context requires otherwise,
(i)&nbsp;any definition of or reference to this Agreement, any other Note Document or any other agreement, instrument or other
document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented
or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth in any Note Document),
(ii)&nbsp;any references herein to any Person shall be construed to include such Person&rsquo;s successors and assigns, (iii)&nbsp;the
words &ldquo;herein&rdquo;, &ldquo;hereof&rdquo; and &ldquo;hereunder&rdquo;, and words of similar import, shall be construed to
refer to this Agreement in its entirety and not to any particular provision hereof, (iv)&nbsp;any reference to any law, including
the UCC, shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting
such law and (v)&nbsp;the words &ldquo;assets&rdquo; and &ldquo;property&rdquo; shall be deemed to have the same meaning and to
refer to all the tangible and intangible, whether real or personal (or mixed), assets and properties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Perfection
Certificate References</U>. &nbsp;&nbsp;&nbsp;References to any Section of the Perfection Certificate hereunder shall refer to the Section in the
Perfection Certificate on the Closing Date, as well as to any written supplement or modification to the information contained
in such Section delivered to the Agent thereafter, including but not limited to, any amendment, supplement or modification effected
by delivery of written notice pursuant to the terms of the Note Purchase Agreement, this Agreement or any Pledge Supplement, together
with the applicable supplements to the Perfection Certificate, and the representations and warranties made in this Agreement shall
be deemed to be qualified by the information contained in any such amendment, supplement or modification. Any representation made
or deemed made with respect to a Schedule to the Perfection Certificate will be deemed to be made as of the Closing Date or as
of the earlier of the (i)&nbsp;date on which the most recent updates to the Perfection Certificate were required to be provided
to Agent pursuant to Section&nbsp;13 hereof or the Note Purchase Agreement and (ii)&nbsp;date on which any such updates were actually
provided to Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Grant
of Security</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Grant
of Security</U></FONT>. &nbsp;&nbsp;&nbsp;Subject to Section&nbsp;2.2(a), as security for the payment and performance in full of the Secured Obligations,
each Grantor hereby grants to the Agent, and its successors and assigns, in each case for the benefit of the Secured Parties, a
continuing lien on and security interest in all of such Grantor&rsquo;s right, title and interest in, to and under all tangible
and intangible property and assets of such Grantor, in each case whether now or hereafter existing or in which any Grantor now
has or hereafter acquires any right, title or interest and wherever the same may be located (all of which being hereinafter collectively
referred to as the &ldquo;<U>Collateral</U>&rdquo;), including without limitation, the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Accounts;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Goods, including Equipment and Fixtures;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Inventory;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Documents, Instruments and Chattel Paper;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Letter-of-Credit Rights;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Investment Related Property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Intellectual Property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Commercial Tort Claims, including those described in Section&nbsp;2(l) of the Perfection Certificate;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
General Intangibles;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
money and all Deposit Accounts;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Supporting Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
books and records relating to the Collateral;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(xiii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Receivables; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(xiv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Proceeds and products of any of the foregoing and all accessions to, substitutions and replacements for any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Certain
Limited Exclusions</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything herein to the contrary, in no event shall the term &ldquo;Collateral&rdquo; include or the liens and security interests
granted under Section&nbsp;2.1 attach to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
property or asset to the extent that the grant of a security interest in such property or asset is prohibited by any Applicable
Law or requires a consent not obtained of any Governmental Authority pursuant to Applicable Law (other than, in each case, to the
extent that any such prohibition or requirement would be rendered ineffective pursuant to the UCC of any relevant jurisdiction
or any other Applicable Law (including Title&nbsp;11 of the United States Code) or principles of equity and, other than any Receivables
and Proceeds thereof, the assignment of which is expressly deemed effective under the UCC or other Applicable Law notwithstanding
such prohibition or requirement);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
right, title or interest in any permit, lease, license, contract or agreement held by any Grantor or to which any Grantor is a
party or any of its right, title or interest thereunder to the extent, but only to the extent, that such a grant would, under the
terms of such permit, lease, license, contract or agreement, result in a breach of the terms of, or constitute a default under
or result in the termination of or give rise to a right on the part of the parties thereto other than the Borrower and Subsidiaries
of the Borrower to terminate, any permit, lease, license, contract or agreement held by any Grantor or to which such Grantor is
a party (other than, in each case, to the extent that any such term would be rendered ineffective pursuant to the UCC of any relevant
jurisdiction or any other Applicable Law (including Title&nbsp;11 of the United States Code) or principles of equity and other
than any Receivables and Proceeds thereof the assignment of which is expressly deemed effective under the UCC or other Applicable
Law notwithstanding such term); provided, however, that immediately upon the ineffectiveness, lapse or termination of any such
provision, such right, title or interest in such permit, lease, license, contract or agreement shall cease to be excluded from
the Collateral under this Section&nbsp;2.2(a)(ii);</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
trademark or service mark consisting of an &ldquo;intent to use&rdquo; application until such time as an amendment to allege use
in respect thereof has been accepted by the United States Patent and Trademark Office, at which time such trademark or service
mark shall cease to be excluded from the Collateral under this Section&nbsp;2.2(a)(iii) (the assets referred to in clauses&nbsp;(i)
through (iii) above shall, subject to the proviso below, be collectively referred to as the &ldquo;Excluded Assets&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>provided</U> that (A)&nbsp;Excluded
Assets will not include any Proceeds, substitutions or replacements of any Excluded Assets referred to in clauses&nbsp;(i) through
(iii) unless such Proceeds, substitutions or replacements would constitute Excluded Assets referred to in clauses&nbsp;(i) through
(iii); and (B)&nbsp;if and when any property that would constitute Collateral but for the provisions of this Section&nbsp;2.2(a)
shall cease to be an Excluded Asset, such property shall automatically constitute Collateral and, without any further action, each
applicable provision of this Agreement, including the grant of liens and security interests pursuant to Section&nbsp;2.1, shall
automatically apply to such property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary in this Agreement, to the extent any provision of this Agreement or the Note Purchase Agreement excludes
any assets from the scope of the Collateral, or from any requirement to take any action to perfect any security interest in favor
of the Agent in any Collateral, the representations, warranties and covenants made by the Grantors in this Agreement or the Note
Purchase Agreement with respect to the creation, perfection or priority (as applicable) of the security interest in the Collateral
granted in favor of the Agent shall be deemed not to apply to such assets (if such asset is an Excluded Asset) or shall be deemed
to be modified as appropriate to give effect to such exclusion, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Security
for Obligations; Grantors Remain Liable</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Security
for Secured Obligations</U></FONT>. &nbsp;&nbsp;&nbsp;This Agreement secures, and the Collateral is collateral security for, the prompt
and complete payment and performance in full when due, whether at stated maturity, by required prepayment, declaration,
acceleration, demand or otherwise (including the interest and fees accruing during the pendency of any bankruptcy,
insolvency, receivership, or other similar proceeding, regardless of whether allowed or allowable in such proceeding, and the
payment of amounts that would become due but for the operation of the automatic stay under Section&nbsp;362(a) of the
Bankruptcy Code (and any successor provision thereof)), of all Secured Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Continuing
Liability Under Collateral</U></FONT>. &nbsp;&nbsp;&nbsp;Notwithstanding anything herein to the contrary, (a)&nbsp;each Grantor shall
remain liable for all obligations under the Collateral unless released from such obligations in accordance with the Note
Documents and nothing contained herein is intended or shall be a delegation of duties to the Agent or any other Secured
Party, (b)&nbsp;each Grantor shall remain liable under each of the agreements included in the Collateral, including any
agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform in all respects all of the
obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof and neither
the Agent nor any other Secured Party shall have any obligation or liability under any of such agreements by reason of or
arising out of this Agreement or any other document related thereto nor shall the Agent nor any other Secured Party have any
obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take
any action to collect or enforce any rights under any agreement included in the Collateral, including any agreements relating
to Pledged Partnership Interests or Pledged LLC Interests and (c)&nbsp;the exercise by the Agent of any of its rights
hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in
the Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Representations
and Warranties and Covenants</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reserved</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Reserved</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reserved</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Investment
Related Property</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Investment
Related Property Generally</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Covenants
and Agreements</U>. &nbsp;&nbsp;&nbsp;Each Grantor hereby covenants and agrees that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the event it acquires rights in any Pledged Equity Interests, Investment Accounts, or any Pledged Debt that is evidenced by a promissory
note, Chattel Paper or any similar evidences of Indebtedness after the date hereof, it shall deliver to the Agent, within thirty
(30) days of acquiring such rights, a completed Pledge Supplement together with all applicable supplements to Schedules thereto,
reflecting such new Investment Related Property. Notwithstanding the foregoing, it is understood and agreed that the applicable
security interest of the Agent shall attach to all Investment Related Property immediately upon any Grantor&rsquo;s acquisition
of rights therein and shall not be affected by the failure of any Grantor to deliver a Pledge Supplement as required hereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as provided in the next sentence, in the event such Grantor receives any dividends, interest or distributions on any Investment
Related Property, or any securities or other property upon the merger, consolidation, liquidation or dissolution of any issuer
of any Investment Related Property, then (A)&nbsp;such dividends, interest or distributions and securities or other property shall
be included in the definition of Collateral without further action and (B)&nbsp;such Grantor shall promptly take all steps reasonably
necessary or otherwise reasonably requested by the Agent to ensure the validity, perfection and priority of the security interest
purported to be granted hereby to the Agent in such Investment Related Property, and the control of the Agent over such Investment
Related Property (including delivery thereof to the Agent), and pending any such action such Grantor shall be deemed to hold such
dividends, interest, distributions, securities or other property in trust for the benefit of the Agent and shall segregate such
dividends, distributions, Securities or other property from all other property of such Grantor. Notwithstanding the foregoing,
so long as no Event of Default shall have occurred and be continuing and the Agent has not instructed the Grantors in writing otherwise,
the Agent authorizes each Grantor to retain all cash dividends and distributions and all payments of interest; and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Grantor consents to the grant by each other Grantor of a security interest in all Investment Related Property to the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Delivery
and Control</U>. &nbsp;&nbsp;&nbsp;Each Grantor agrees that (i)&nbsp;with respect to (A)&nbsp;any Investment Related Property in a Subsidiary and
(B)&nbsp;any Investment Related Property in any issuer that is not a Subsidiary with an individual value in excess of $250,000,
in each case, in which it currently has rights, it shall comply with the provisions of this Section&nbsp;4.4.1(b) on or before
the Closing Date and (ii)&nbsp;with respect to (A)&nbsp;any Investment Related Property in a Subsidiary and (B)&nbsp;any Investment
Related Property in any issuer that is not a Subsidiary with an individual value in excess of $250,000, in each case, hereafter
acquired by such Grantor it shall comply with the provisions of this Section&nbsp;4.4.1(b) within the later of (x)&nbsp;thirty
(30) days after the Closing Date and (y)&nbsp;thirty (30) days of acquiring rights therein. With respect to any such Investment
Related Property that is represented by a certificate or that is an &ldquo;instrument&rdquo; (other than any Investment Related
Property credited to a Securities Account) it shall cause such certificate or instrument to be delivered to the Agent, indorsed
in blank by an &ldquo;effective indorsement&rdquo; (as defined in Section&nbsp;8-107 of the UCC), regardless of whether such certificate
constitutes a &ldquo;certificated security&rdquo; for purposes of the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Voting
and Distributions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;So
long as no Event of Default shall have occurred and be continuing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as otherwise provided under the covenants and agreements relating to Investment Related Property in this Agreement or the Note
Purchase Agreement, each Grantor shall be entitled to exercise or refrain from exercising any and all voting and other consensual
rights pertaining to the Investment Related Property or any part thereof for any purpose not inconsistent with the terms of this
Agreement or the Note Purchase Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;at
the sole cost and expense of the Grantors, the Agent shall promptly execute and deliver (or cause to be executed and delivered)
to each Grantor all proxies, and other instruments as such Grantor may from time to time reasonably request in writing for the
purpose of enabling such Grantor to exercise the voting and other consensual rights when and to the extent which it is entitled
to exercise pursuant to clause&nbsp;(1) above; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Grantor shall be entitled to receive and retain all dividends and distributions and all payments of interest with respect to any
Investment Related Property.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
notice from the Agent to the Grantors that their rights under this Section 4.4.1 are being suspended upon the occurrence and during
the continuance of an Event of Default (which notice may be provided contemporaneously with the suspension of such rights, and
provided that no such notice shall be required in the case of an Event of Default under subsections 8.1(G) or (H) of the Note Purchase
Agreement):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
rights of each Grantor to exercise or refrain from exercising the voting and other consensual rights which it would otherwise be
entitled to exercise pursuant hereto shall cease and all such rights shall thereupon become vested in the Agent who shall thereupon
have the right to exercise such voting and other consensual rights;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
rights of each Grantor to receive dividends, interest, distributions, Securities or other property that such Grantor is authorized
to receive pursuant to paragraph&nbsp;(c)(i)(3) of this Section&nbsp;4.4.1 shall cease, and all such rights shall thereupon become
vested in the Agent who shall have the sole and exclusive right and authority to receive and retain such dividends, interest or
distribution. Each Grantor shall be deemed to hold any such dividends, interest, distributions, securities or other property received
during such period in trust for the benefit of the Agent and shall segregate such dividends, distributions, Securities or other
property from all other property of such Grantor. Any and all monies and other property paid over to or received by the Agent pursuant
to the provisions of this paragraph&nbsp;shall be retained by the Agent in an account to be established by the Agent and shall
be applied in accordance with the provisions of Section&nbsp;7.2(a); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)&nbsp;each
Grantor shall promptly execute and deliver (or cause to be executed and delivered) to the Agent all proxies, dividend payment orders
and other instruments as shall be necessary to permit the Agent to exercise the voting and other consensual rights which it may
be entitled to exercise pursuant hereto and to receive all dividends and other distributions which it may be entitled to receive
hereunder and (B)&nbsp;each Grantor acknowledges that the Agent (acting at the direction of the Requisite Purchasers) may utilize
the power of attorney set forth in Section&nbsp;6.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Pledged
Equity Interests</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. &nbsp;&nbsp;&nbsp;Each Grantor hereby represents and warrants that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2(j)
of the Perfection Certificate sets forth all of the Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged
Trust Interests owned by any Grantor and such Pledged Equity Interests constitute the percentage of issued and outstanding shares
of stock, percentage of membership interests, percentage of partnership interests or percentage of beneficial interest of the respective
issuers thereof indicated in such Section, all of which is true, accurate and complete as of the Closing Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as set forth in Sections&nbsp;1(d) and 1(f) of the Perfection Certificate, it has not acquired any majority equity interests of
another entity or substantially all the assets of another entity within the five (5) years prior to the Closing Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is the record and beneficial owner of the Pledged Equity Interests described in Section&nbsp;2(j) of the Perfection Certificate
as held by it, free of all Liens, rights or claims of other Persons other than Permitted Encumbrances and there are no outstanding
warrants, options or other rights to purchase, or shareholder, voting trust or similar agreements outstanding with respect to,
or property that is convertible into, or that requires the issuance or sale of, any Pledged Equity Interests;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
material consent of any Person, including any other general or limited partner, any other member of a limited liability company,
any other shareholder or any other trust beneficiary, is necessary in connection with the creation or perfection (subject to Permitted
Encumbrances) of the security interest of the Agent in any Pledged Equity Interests or the exercise by the Agent of the voting
or other rights provided for in this Agreement or the exercise of remedies in respect thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as otherwise set forth in Section&nbsp;2(j) of the Perfection Certificate, none of the Pledged LLC Interests nor Pledged Partnership
Interests issued by any Grantor or any Subsidiary thereof are or represent interests in issuers that (a)&nbsp;are registered as
investment companies within the meaning of the Investment Company Act of 1940 or (b)&nbsp;are dealt in or traded on securities
exchanges or markets; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
of the Pledged Equity Interests existing on the date hereof have been, and to the extent any Pledged Equity Interests are hereafter
issued, such Pledged Equity Interests will be, upon such issuance, duly authorized, validly issued and fully paid and non-assessable
to the extent applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Covenants
and Agreements</U>. &nbsp;&nbsp;&nbsp;Each Grantor hereby covenants and agrees that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
consents to the grant by each other Grantor of a security interest in all Investment Related Property to the Agent and, without
limiting the foregoing, following the occurrence and during the continuation of an Event of Default and consents to (x)&nbsp;the
transfer of any Pledged Partnership Interest and any Pledged LLC Interest to the Agent or its nominee and (y)&nbsp;the substitution
of the Agent or its nominee as a partner in any partnership or as a member in any limited liability company with all the rights
and powers related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.4.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Reserved</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.4.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Investment
Accounts</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. &nbsp;&nbsp;&nbsp;Each Grantor hereby represents and warrants that, on the Closing Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2(n)
of the Perfection Certificate sets forth all of the Securities Accounts and Commodities Accounts in which each Grantor has an interest
as of the Closing Date. Each Grantor is the sole entitlement holder of each such Securities Account and Commodities Account, and
such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Agent pursuant to this Agreement and
the securities intermediary or commodities intermediary, as applicable, to the extent such securities intermediary or commodities
intermediary is deemed to have &ldquo;control&rdquo; under Applicable Law) having &ldquo;control&rdquo; (within the meanings of
Sections&nbsp;8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodities Account or
securities or other property credited thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2(n)
of the Perfection Certificate sets forth all of the Deposit Accounts in which each Grantor has an interest as of the Closing Date.
Each Grantor is the sole account holder of each such Deposit Account and such Grantor has not consented to, and is not otherwise
aware of, any Person (other than Agent pursuant to this Agreement and the applicable depository bank to the extent such depository
bank is deemed to have &ldquo;control&rdquo; under Applicable Law) having either sole dominion and control (within the meaning
of common law) or &ldquo;control&rdquo; (within the meanings of Section&nbsp;9-104 of the UCC) over, or any other interest in,
any such Deposit Account or any money or other property deposited therein; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Grantor has taken all actions reasonably requested by the Agent, including those specified in Section&nbsp;4.4.1(b), to, within
the time frames set forth herein, (A)&nbsp;establish the Agent&rsquo;s &ldquo;control&rdquo; (within the meanings of Sections&nbsp;8-106
and 9-106 of the UCC) over any portion of (x)&nbsp;the Investment Related Property in a Subsidiary and (y)&nbsp;the Investment
Related Property in any issuer that is not a Subsidiary with an individual value in excess of $250,000, in each case, constituting
 &ldquo;certificated securities&rdquo; (as defined in the UCC) and (B)&nbsp;deliver all Instruments with an individual value in
excess of $250,000 to the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reserved</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Intellectual
Property</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. &nbsp;&nbsp;&nbsp;Except as disclosed in Sections&nbsp;2(g), 2(h) or 2(i) of the Perfection Certificate, each Grantor hereby
represents and warrants that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sections&nbsp;2(g),
2(h) and 2(i) of the Perfection Certificate set forth a true and complete list of (x)&nbsp;all registered Trademarks, registered
Copyrights and registered Patents and all applications to register any of the foregoing owned by each Grantor and (y)&nbsp;all
exclusive Copyright Licenses material to any line of business of the Grantors as of the Closing Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is the sole owner of the entire right, title, and interest in and to all Intellectual Property listed in Sections&nbsp;2(g), 2(h)
and 2(i) of the Perfection Certificate that it purports to own and owns or has the valid right to use Intellectual Property used
in or necessary to conduct its business, free and clear of all Liens (other than Permitted Encumbrances), except where failure
to own or possess the right to use, individually or in the aggregate, has not had, and could not reasonably be expected to have,
a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Intellectual Property is subsisting and has not been adjudged invalid or unenforceable, in whole or in part, and each Grantor has
performed all acts and has paid all renewal, maintenance, and other fees and taxes required to maintain each registration of and
application for Copyrights, Patents and Trademarks in full force and effect, except where failure to maintain, individually or
in the aggregate, has not had, and could not reasonably be expected to have, a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Commercial
Tort Claims</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. &nbsp;&nbsp;&nbsp;Each Grantor hereby represents and warrants, that, on the Closing Date, Section&nbsp;2(l) of the Perfection
Certificate sets forth all Commercial Tort Claims of each Grantor as of the Closing Date; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Covenants
and Agreements</U>. &nbsp;&nbsp;&nbsp;Each Grantor hereby covenants and agrees that with respect to any Commercial Tort Claim in excess of $250,000
individually, or $500,000 in the aggregate, hereafter arising it shall promptly and in no event later than fifteen (15) days of
it acquiring rights in such Commercial Tort Claims deliver to the Agent a completed Pledge Supplement, together with all applicable
supplements to Schedules thereto, identifying such new Commercial Tort Claims and granting to the Agent a security interest therein
and in the Proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Further
Assurances; Additional Grantors</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Further
Assurances</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Grantor agrees that from time to time, at the expense of such Grantor, it shall promptly execute and deliver all such instruments
and documents, and take all such other action, that the Agent may reasonably request in order to create and/or maintain the validity,
perfection or priority of any security interest granted hereby to the extent contemplated hereby, and it shall promptly execute
and deliver all further instruments and documents, and take all further action, that the Agent may reasonably request in order
to enable the Agent to exercise and enforce its rights and remedies hereunder or under any other Security Document with respect
to any Collateral. Without limiting the generality of the foregoing, each Grantor shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;file
such financing or continuation statements, or amendments thereto, as may be required, and execute and deliver such other agreements,
instruments, endorsements, powers of attorney or notices as Agent may reasonably request, in order to perfect and preserve the
security interests granted or purported to be granted hereby to the extent contemplated hereby; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;take
all actions necessary to ensure the recordation of appropriate evidence of the liens and security interest granted hereunder in
owned material United States Patents, Trademarks and Copyrights and Copyright Licenses in respect of which such Grantor is the
exclusive licensee with the United States Patent and Trademark Office or the United States Copyright Office, as applicable, in
which such Intellectual Property is registered or in which an application for registration is pending, including executing and
filing a grant of security in the Intellectual Property in form and substance acceptable to the Agent, at the United States Patent
and Trademark Office or the United States Copyright Office, as applicable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>provided</U>, <U>however</U>, that notwithstanding
anything to the contrary, the Agent shall have no obligation to make any request permitted by this Section&nbsp;5.1(a) and shall
have no liability to the Secured Parties in connection with any such request or its failure to make any such request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Grantor hereby authorizes, at such Grantor&rsquo;s expense, the Agent to file a Record or Records, including financing or continuation
statements, and amendments thereto, in any jurisdictions and with any filing offices as Agent may determine, in its sole discretion,
are necessary to perfect the security interest granted to the Agent herein. Such financing statements may describe the Collateral
in the same manner as described herein or may contain an indication or description of collateral that describes such property in
any other manner as Agent may determine, in its sole discretion, is necessary, advisable or prudent to ensure the perfection of
the security interest in the Collateral granted to the Agent herein, including describing such property as &ldquo;all assets&rdquo;
or &ldquo;all personal property, whether now owned or hereafter acquired&rdquo; or words of similar description.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Additional
Grantors</U></FONT>. &nbsp;&nbsp;&nbsp;From time to time subsequent to the date hereof, to the extent required by the Note Documents, additional
Persons may become parties hereto as additional Grantors (each, an &ldquo;<U>Additional Grantor</U>&rdquo;), by executing a Joinder
to Pledge and Security Agreement. Upon delivery of any such Joinder to Pledge and Security Agreement to the Agent, notice of which
is hereby waived by the Grantors, each Additional Grantor shall be a Grantor and shall be as fully a party hereto as if such Additional
Grantor were an original signatory hereto. Each Grantor expressly agrees that its obligations arising hereunder shall not be affected
or diminished by the addition or release of any other Grantor hereunder, nor by any election of the Agent not to cause any Subsidiary
of the Borrower to become an Additional Grantor hereunder. This Agreement shall be fully effective as to any Grantor that is or
becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Grantor hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Agent
Appointed Attorney-In-Fact</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Power
of Attorney</U></FONT>. &nbsp;&nbsp;&nbsp;To the fullest extent permitted by law, each Grantor hereby irrevocably appoints the Agent (such appointment
being coupled with an interest) as such Grantor&rsquo;s attorney-in-fact, with full authority in the place and stead of such Grantor
and in the name of such Grantor, the Agent or otherwise, from time to time, upon the occurrence and during the continuance of
an Event of Default (or at any time in the cases of Section&nbsp;6.1(e) and 6.1(f)), to take any action and to execute any instrument
that the Agent may deem reasonably necessary or advisable to accomplish the purposes of this Agreement and the other Note Documents,
including the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
obtain and adjust insurance required to be maintained by such Grantor or paid to the Agent pursuant to the Note Purchase Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
ask for, demand, collect, sue for, recover, compound, receive and give acquittance and receipts for moneys due and to become due
under or in respect of any of the Collateral;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
receive, endorse and collect any drafts or other instruments, documents and chattel paper in connection with clause&nbsp;(b) above;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
file any claims or take any action or institute any proceedings that the Agent may reasonably request for the collection of any
of the Collateral or otherwise to enforce the rights of the Agent with respect to any of the Collateral;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
prepare and file any UCC financing statements or continuations thereof, or amendments thereto, against such Grantor as debtor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
prepare, sign, and file for recordation in any intellectual property registry, appropriate evidence of the lien and security interest
granted herein in the Intellectual Property in the name of such Grantor as debtor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
take or cause to be taken all actions necessary to perform or comply or cause performance or compliance with the terms of this
Agreement, including actions to pay or discharge taxes or Liens (other than Permitted Encumbrances) levied or placed upon or threatened
against the Collateral, the legality or validity thereof and the amounts necessary to discharge the same to be determined by the
Agent in its sole discretion, any such payments made by the Agent to become obligations of such Grantor to the Agent, due and payable
immediately without demand; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;generally
to sell, transfer, pledge, make any agreement with respect to or otherwise deal with any of the Collateral as fully and completely
as though the Agent were the absolute owner thereof for all purposes, and to do, at the Agent&rsquo;s option and such Grantor&rsquo;s
expense, at any time or from time to time, all acts and things that Agent deems reasonably necessary to protect, preserve or realize
upon the Collateral and the Agent&rsquo;s security interest therein in order to effect the intent of this Agreement, all as fully
and effectively as such Grantor might do.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>No
Duty on the Part of Agent or Secured Parties</U></FONT>. &nbsp;&nbsp;&nbsp;The powers conferred on the Agent hereunder are solely to protect the
interests of the Secured Parties in the Collateral and shall not impose any duty upon the Agent or any other Secured Party to
exercise any such powers. The Agent and the other Secured Parties shall be accountable only for amounts that they actually receive
as a result of the exercise of such powers, and neither they nor any of their officers, directors, employees or agents shall be
responsible to any Grantor for any act or failure to act hereunder, except for their own gross negligence or willful misconduct
(as determined by a court of competent jurisdiction in a final non-appealable judgment).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Remedies</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Generally</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Event of Default shall have occurred and be continuing, the Agent (acting at the direction of the Requisite Purchasers) may
(but shall not be obligated to) exercise in respect of the Collateral, in addition to all other rights and remedies provided for
herein or the other Note Documents or otherwise available to it at law or in equity all the rights and remedies of the Agent on
default under the UCC (whether or not the UCC applies to the affected Collateral) to collect, enforce or satisfy any Secured Obligations
then owing, whether by acceleration or otherwise, and also may to the fullest extent permitted by Applicable Law pursue any of
the following separately, successively or simultaneously:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;require
any Grantor to, and each Grantor hereby agrees that it shall at its expense and promptly upon request of the Agent forthwith, assemble
all or part of the Collateral as directed by the Agent and make it available to the Agent at a place to be designated by the Agent
that is reasonably convenient to both parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;without
notice or demand or legal process, personally, or by agents or attorneys, enter onto the property where any Collateral is located
and take possession thereof with or without judicial process;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;prior
to the disposition of the Collateral, store, process, repair or recondition the Collateral or otherwise prepare the Collateral
for disposition in any manner to the extent the Agent deems appropriate and while the Collateral shall be so stored, provide such
security and maintenance services as shall be commercially reasonable to protect the same and to preserve and maintain them in
good condition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;without
notice except as specified below or under the UCC, sell, assign, lease, license (on an exclusive or nonexclusive basis) or otherwise
dispose of the Collateral or any part thereof in one or more parcels at public or private sale, at any of the Agent&rsquo;s offices
or elsewhere, for cash, on credit or for future delivery, at such time or times and at such price or prices and upon such other
terms as the Agent may deem commercially reasonable; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;apply
any monies constituting Collateral or proceeds thereof in accordance with the provisions of Section&nbsp;7.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Agent or any other Secured Party may be the purchaser of any or all of the Collateral at any public or private (to the extent the
portion of the Collateral being privately sold is of a kind that is customarily sold on a recognized market or the subject of widely
distributed standard price quotations) sale in accordance with the UCC and the Agent, as agent for and representative of the Secured
Parties, shall be entitled, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion
of the Collateral sold at any such sale made in accordance with the UCC, to use and apply any of the Secured Obligations as a credit
on account of the purchase price for any Collateral payable by the Agent at such sale. Each purchaser at any such sale shall hold
the property sold absolutely free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent
permitted by Applicable Law) all rights of redemption, stay and/or appraisal which it now has or may at any time in the future
have under any rule of law or statute now existing or hereafter enacted. Each Grantor agrees that, to the extent notice of sale
shall be required by law, at least ten (10) days&rsquo; notice to such Grantor of the time and place of any public sale or the
time after which any private sale is to be made shall constitute reasonable notification. The Agent shall not be obligated to make
any sale of Collateral regardless of notice of sale having been given. The Agent (acting at the direction of the Requisite Purchasers)
may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may,
without further notice, be made at the time and place to which it was so adjourned. Each Grantor agrees that it would not be commercially
unreasonable for the Agent to dispose of the Collateral or any portion thereof by using Internet sites that provide for the auction
of assets of the types included in the Collateral or that have the reasonable capability of doing so, or that match buyers and
sellers of assets. Each Grantor hereby waives (to the extent permitted by Applicable Law) any claims against the Agent arising
by reason of the fact that the price at which any Collateral may have been sold at such a private sale was less than the price
which might have been obtained at a public sale, even if the Agent accepts the first offer received and does not offer such Collateral
to more than one offeree. If the proceeds of any sale or other disposition of the Collateral are insufficient to pay all the Secured
Obligations, the Grantors shall remain liable for the deficiency and the reasonable and documented fees of any attorneys employed
by the Agent to collect such deficiency. Each Grantor agrees to do or cause to be done all such other acts and things as may be
reasonably necessary to make such disposition or dispositions of all or any portion of the Collateral valid and binding and in
compliance with any and all Applicable Laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts,
arbitrators or Governmental Authorities, domestic or foreign, having jurisdiction over any such sale or sales, all at such Grantor&rsquo;s
expense. Each Grantor further agrees that a breach of any of the covenants contained in this Section will cause irreparable injury
to the Agent, that the Agent has no adequate remedy at law in respect of such breach and, as a consequence, that each and every
covenant contained in this Section&nbsp;7.1 shall be specifically enforceable against such Grantor, and such Grantor hereby waives
(to the extent permitted by Applicable Law) and agrees not to assert any defenses against an action for specific performance of
such covenants except for a defense that no default has occurred giving rise to the Secured Obligations becoming due and payable
prior to their stated maturities. Nothing in this Section shall in any way alter the rights of the Agent hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Agent may sell the Collateral without giving any warranties as to the Collateral. The Agent may specifically disclaim or modify
any warranties of title or the like. This procedure will not be considered to adversely affect the commercial reasonableness of
any sale of the Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Agent shall have no obligation to marshal any of the Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Application
of Proceeds</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whether
or not any Insolvency Proceeding has been commenced by or against any Grantor, all proceeds received by the Agent (or, to the extent
any other Security Document requires proceeds of collateral thereunder, which would otherwise constitute Collateral, to be applied
in accordance with the provisions of this Agreement, the pledgee, assignee, mortgagee or other corresponding party under such other
Security Document) upon any sale, any collection from, or other realization upon all or any part of, the Collateral (whether or
not expressly characterized as such), or in any Insolvency Proceeding, together with all other moneys received by the Agent hereunder
(or, to the extent any other Security Document requires proceeds of collateral thereunder, which would otherwise constitute Collateral,
to be applied in accordance with the provisions of this Agreement, the pledgee, assignee, mortgagee or other corresponding party
under such other Security Document) with respect thereto, shall be applied in accordance with Section&nbsp;8.6 of the Note Purchase
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If,
despite the provisions of this Agreement, any Secured Party shall receive any payment or other recovery in excess of its portion
of payments on account of the Secured Obligations to which it is then entitled in accordance with this Agreement, such Secured
Party shall hold such payment or other recovery in trust for the benefit of all Secured Parties hereunder to be applied in accordance
Section&nbsp;9.5(B) of the Note Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is understood that the Grantors shall remain jointly and severally liable to the extent of any deficiency between the amount of
the proceeds of the Collateral and the aggregate amount of the Secured Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is understood and agreed by each Grantor and each Secured Party that the Agent shall have no liability for any determinations made
by it in this Section&nbsp;7.2, in each case except to the extent resulting from the gross negligence or willful misconduct of
the Agent (as determined by a court of competent jurisdiction in a final and non-appealable decision). Each Grantor and each Secured
Party also agrees that the Agent (acting at the direction of the Requisite Purchasers) may (but shall not be required to), at any
time and in its sole discretion, and with no liability resulting therefrom, petition a court of competent jurisdiction at the Grantors&rsquo;
expense regarding any application of Collateral in accordance with the requirements hereof, and the Agent shall be entitled to
wait for, and may conclusively rely on, any such determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Sales
on Credit</U></FONT>. &nbsp;&nbsp;&nbsp;If the Agent sells any of the Collateral upon credit, each Grantor will be credited only with
payments actually made by purchaser and received by the Agent and applied to indebtedness of the purchaser. In the event the
purchaser fails to pay for any Collateral, the Agent (acting at the direction of the Requisite Purchasers) may resell such
Collateral and each Grantor shall be credited with proceeds of the sale.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Investment
Related Property</U></FONT>. &nbsp;&nbsp;&nbsp;Each Grantor recognizes that, by reason of certain prohibitions contained in the
Securities Act and applicable state securities laws, the Agent may be compelled, with respect to any sale of all or any part
of the Investment Related Property conducted without prior registration or qualification of such Investment Related Property
under the Securities Act and/or such state securities laws, to limit purchasers to those who will agree, among other things,
to acquire the Investment Related Property for their own account, for investment and not with a view to the distribution or
resale thereof. Each Grantor acknowledges that any such private sale may be at prices and on terms less favorable than those
obtainable through a public sale without such restrictions (including a public offering made pursuant to a registration
statement under the Securities Act) and, notwithstanding such circumstances, each Grantor agrees that any such private sale
shall not be deemed to have been made in a commercially unreasonable manner solely as a result of it being a private sale,
and that the Agent shall have no obligation to engage in public sales and no obligation to delay the sale of any Investment
Related Property for the period of time necessary to permit the issuer thereof to register it for a form of public sale
requiring registration under the Securities Act or under applicable state securities laws, even if such issuer would, or
should, agree to so register it. If the Agent decides to exercise its right to sell any or all of the Investment Related
Property, upon written request, each Grantor shall and shall cause each issuer of any Pledged Equity Interest to be sold
hereunder, from time to time to furnish to the Agent all such information as Agent may reasonably request in order to
determine the number and nature of interest, shares or other instruments included in the Investment Related Property which
may be sold by the Agent in exempt transactions under the Securities Act and the rules and regulations of the Securities and
Exchange Commission thereunder, as the same are from time to time in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Intellectual
Property</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anything
contained herein to the contrary notwithstanding, upon the occurrence and during the continuation of an Event of Default:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Agent shall have the right (but not the obligation) to bring suit or otherwise commence any action or proceeding in the name of
any Grantor, the Agent or otherwise, in the Agent&rsquo;s sole discretion, to enforce any Intellectual Property, in which event
such Grantor shall, at the request of the Agent, do any and all lawful acts and execute any and all documents required by the Agent
in aid of such enforcement and such Grantor shall promptly, upon demand, reimburse and indemnify the Agent as provided in the Note
Purchase Agreement in connection with the exercise of its rights under this Section, and, to the extent that the Agent shall elect
not to bring suit to enforce any Intellectual Property as provided in this Section&nbsp;7.5, each Grantor agrees to use, in its
reasonable business judgment, all reasonable measures, whether by action, suit, proceeding or otherwise, to prevent the infringement
or other violation of any of such Grantor&rsquo;s rights in the Intellectual Property that is material to the business by others
and for that purpose agrees to diligently maintain any action, suit or proceeding against any Person so infringing as shall be
reasonably necessary to prevent such infringement or violation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;upon
written demand from the Agent or exercise of its rights under Section&nbsp;7.5(c)(ii), each Grantor shall grant, assign, convey
or otherwise transfer to the Agent an absolute assignment of all of such Grantor&rsquo;s right, title and interest in and to the
Intellectual Property and shall execute and deliver to the Agent such documents as are reasonably necessary or appropriate to carry
out the intent and purposes of this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Agent shall have the right to notify, or require each Grantor to notify, any obligors with respect to amounts due or to become
due to such Grantor in respect of the Intellectual Property, of the existence of the security interest created herein, to direct
such obligors to make payment of all such amounts directly to the Agent, and, upon such notification and at the expense of such
Grantor,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
enforce collection of any such amounts and to adjust, settle or compromise the amount or payment thereof, in the same manner and
to the same extent as such Grantor might have done; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
Grantor shall not adjust, settle or compromise the amount or payment of any such amount or release wholly or partly any obligor
with respect thereto or allow any credit or discount thereon; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Agent (acting at the direction of the Requisite Purchasers) may (but shall not be obligated to), by written notice to the relevant
Grantor, take any or all of the following actions: (A)&nbsp;declare the entire right, title, and interest of such Grantor in the
Intellectual Property vested in the Agent in order to collect, enforce, or satisfy the Secured Obligations, in which event such
right, title, and interest shall immediately vest in the Agent for the benefit of the Secured Parties, in which case the Agent
shall be entitled to exercise the power of attorney referred to in Section&nbsp;7.5(c)(ii) hereof to execute, cause to be acknowledged
and notarized and to record said absolute assignment with the applicable agency; (B)&nbsp;use or sell the Intellectual Property;
(C)&nbsp;use or sell the goodwill of such Grantor&rsquo;s business symbolized by the Trademarks and the right to carry on the business
and use the assets of such Grantor in connection with which the Trademarks have been used; and (D)&nbsp;direct such Grantor to
refrain, in which event such Grantor shall refrain, from using the Intellectual Property directly or indirectly, and such Grantor
shall execute such further documents as the Agent may reasonably request further to confirm this and to transfer ownership of the
Intellectual Property and registrations and any pending applications in the United States Copyright Office, United States Patent
and Trademark Office, equivalent office in a state of the United States or a foreign jurisdiction or applicable domain name registrar
to the Agent for the benefit of the Secured Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
(i)&nbsp;an Event of Default shall have occurred and, by reason of cure, waiver, modification, amendment or otherwise, no longer
be continuing, (ii)&nbsp;no other Event of Default shall have occurred and be continuing, (iii)&nbsp;an assignment or other transfer
to the Agent of any rights, title and interests in and to the Intellectual Property shall have been previously made in accordance
with the terms hereof and shall have become absolute and effective, and (iv)&nbsp;the Secured Obligations shall not have become
immediately due and payable, upon the written request of any Grantor, the Agent shall promptly execute and deliver to such Grantor,
at such Grantor&rsquo;s sole cost and expense, such assignments or other transfer as may be reasonably necessary to reassign to
such Grantor any such rights, title and interests as may have been assigned to the Agent as aforesaid, subject to any disposition
thereof that may have been made by the Agent; provided, after giving effect to such reassignment, the Agent&rsquo;s security interest
granted pursuant hereto, as well as all other rights and remedies of the Agent granted hereunder, shall continue to be in full
force and effect; and provided, further, the rights, title and interests so reassigned shall be free and clear of any other Liens
granted by or on behalf of the Agent and the Secured Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Solely
for the purpose of enabling the Agent to exercise rights and remedies under this Section&nbsp;7 and at such time as the Agent shall
be lawfully entitled to exercise such rights and remedies hereunder, each Grantor hereby grants to the Agent, to the extent it
has the right to do so, (i)&nbsp;an irrevocable, nonexclusive license (exercisable without payment of royalty or other compensation
to such Grantor) (subject, in the case of Trademarks, to sufficient rights to quality control and inspection in favor of such Grantor
to avoid the risk of invalidation of said Trademarks) to use, operate under, license, or sublicense any Intellectual Property now
owned or hereafter acquired by such Grantor, and wherever the same may be located; and (ii)&nbsp;an absolute power of attorney
to sign, upon the occurrence and during the continuation of an Event of Default, any document which may be required to effect any
assignments or enforce any rights or obligations as provided for in this Section&nbsp;7.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Cash
Proceeds</U></FONT>. &nbsp;&nbsp;&nbsp;In addition to the rights of the Agent specified in Section&nbsp;4.3 with respect to payments of Receivables,
if any Event of Default shall have occurred and be continuing, all proceeds of any Collateral received by any Grantor consisting
of Cash Proceeds shall, upon demand by Agent, be held by such Grantor in trust for the Agent, segregated from other funds of such
Grantor, and shall, forthwith upon receipt by such Grantor, unless such funds are deposited in a Deposit Account subject to a
Control Agreement, be turned over to the Agent in the exact form received by such Grantor (duly indorsed by such Grantor to the
Agent, if required) and held by the Agent. Any Cash Proceeds received by the Agent (whether from a Grantor or otherwise) if an
Event of Default shall have occurred and be continuing, may, in the sole discretion of the Agent, (a)&nbsp;be held by the Agent
for the benefit of the Secured Parties as collateral security for the Secured Obligations (whether matured or unmatured) and/or
(b)&nbsp;then or at any time thereafter be applied by the Agent against the Secured Obligations then due and owing in accordance
with Section&nbsp;7.2(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Continuing
Security Interest</U></FONT>. &nbsp;&nbsp;&nbsp;This Agreement shall create a continuing security interest in the Collateral and shall remain in
full force and effect until the payment in full in cash of all the Secured Obligations (other than contingent obligations to the
extent no claims giving rise thereto have been asserted by the Person entitled thereto), and be binding upon each Grantor, its
successors and assigns, and inure, together with the rights and remedies of the Agent hereunder, to the benefit of the Agent and
its successors, transferees and assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Termination
or Release</U></FONT>. &nbsp;&nbsp;&nbsp;This Agreement shall terminate (other than provisions hereof providing for indemnities and similar contingent
obligations) and the security interests granted hereby shall be automatically released upon payment in full in cash of all the
Secured Obligations (other than contingent obligations to the extent no claims giving rise thereto have been asserted by the Person
entitled thereto). The Liens securing the Secured Obligations will be released, in whole or in part, as provided in Section&nbsp;9.1(H)
of the Note Purchase Agreement; <U>provided</U>, that this Agreement and the security interests granted hereby shall be reinstated
and continue to be effective, if at any time any amount owed and paid to the Purchasers in respect of the Secured Obligations is
rescinded or must otherwise be restored or returned upon the insolvency, bankruptcy dissolution, liquidation or reorganization
of any Grantor or upon the appointment of any intervener or conservatory of, or trustee or similar official for, any Grantor or
any substantial part of such Grantor&rsquo;s property, or otherwise, all as though such payments had not been made. The obligations
of each Grantor contained in this Section&nbsp;9 shall survive the termination hereof and the discharge of each such Grantor&rsquo;s
obligations under this Agreement, the Note Purchase Agreement and the other Note Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Standard
of Care; Agent May Perform</U></FONT>. &nbsp;&nbsp;&nbsp;The powers conferred on the Agent hereunder are solely to protect its interest in the Collateral
and shall not impose any duty upon it to exercise any such powers. Beyond the safe custody thereof, the Agent shall have no duty
with respect to any Collateral or with respect to any income thereon or the preservation of rights against prior parties or any
other rights pertaining thereto. The Agent shall be deemed to have exercised reasonable care in the custody and preservation of
the Collateral in its possession if the Collateral is accorded treatment substantially equal to that which the Agent accords its
own property. Neither the Agent nor any of its directors, officers, employees or agents shall be liable for failure to demand,
collect or realize upon all or any part of the Collateral or any delay in doing so or for any diminution in the value thereof,
by reason of the act or omission of any warehouse, carrier, forwarding agency, consignee, broker or other agent or bailee selected
by any Grantor or selected by the Agent in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Amendment;
Waiver</U></FONT>. &nbsp;&nbsp;&nbsp;Section&nbsp;9.4(A) of the Note Purchase Agreement is hereby incorporated herein, <I>mutatis mutandis</I>, as
if a part hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section 12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Miscellaneous</U></FONT>.
 &nbsp;&nbsp;&nbsp;Any notice required or permitted to be given under this Agreement shall be given in accordance with Section&nbsp;11.3 of the Note
Purchase Agreement. No failure or delay on the part of the Agent in the exercise of any power, right or privilege hereunder or
under any other Note Document shall impair such power, right or privilege or be construed to be a waiver of any default or acquiescence
therein, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof
or of any other power, right or privilege. All rights and remedies existing under this Agreement and the other Note Documents are
cumulative to, and not exclusive of, any rights or remedies otherwise available. In case any provision in or obligation under this
Agreement shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining
provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired
thereby. In the event that any provision hereunder directly conflicts with any express provision of the Note Purchase Agreement,
the Note Purchase Agreement shall control. This Agreement shall be binding upon and inure to the benefit of the Agent, the Secured
Parties and the Grantors and their respective successors and assigns. This Agreement and the other Note Documents embody the entire
agreement and understanding between the Grantors and the Agent and supersede all prior agreements and understandings between such
parties relating to the subject matter hereof and thereof. Accordingly, the Note Documents may not be contradicted by evidence
of prior, contemporaneous or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties.
This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts, each of which
when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the
same instrument; signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that
all signature pages are physically attached to the same document. Delivery of an executed signature page to this Agreement by facsimile,
PDF or other electronic transmission shall be as effective as delivery of an original executed counterpart of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Section
13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><U>APPLICABLE
LAW</U></FONT>. &nbsp;&nbsp;&nbsp;THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE
CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Pages Follow]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, each
Grantor and the Agent have caused this Agreement to be duly executed and delivered by their respective officers thereunto duly
authorized as of the date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.25in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>THEMAVEN, INC.</B>, as a Grantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>MAVEN COALITION, INC.</B>, as a Grantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>HUBPAGES, INC.</B>, as a Grantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>SAY MEDIA, INC.</B>, as a Grantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>CEO</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>TST ACQUISITION CO., INC.</B>, as a Grantor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>James C. Heckman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>CEO</TD></TR>
</TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Pledge and Security Agreement]</P>



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    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BRF FINANCE CO., LLC,</B> as the Agent</TD></TR>
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    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>

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    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%">/s/ Bryant R. Riley</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>Bryant R. Riley</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>Chief Executive Officer</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page to Pledge and Security Agreement]</P>



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<TYPE>EX-99.1
<SEQUENCE>7
<FILENAME>tv523376_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<P STYLE="margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="margin: 0; text-align: right"><FONT STYLE="color: Black"><B>Exhibit 99.1</B></FONT></P>

<P STYLE="margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="color: Black"><B>Maven to
Acquire TheStreet</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black"><I>Third acquisition in 12 months,
Maven continues drive to build leading tech and distribution platform for premium, independent media</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">NEW YORK, June 12, 2019 /BusinessWire/
-- Maven (TheMaven, Inc., OTC: MVEN, <U>maven.io</U>) announced TheStreet, Inc. (Nasdaq: TST, <U>www.t.st</U>) has agreed to be
acquired by Maven. A subsidiary of Maven will acquire all of the outstanding common shares of TheStreet for $16.5 million in cash.
The transaction is funded through debt financing fully committed by a subsidiary of B Riley Financial, Inc. (Nasdaq: RILY).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">This marks Maven&rsquo;s third acquisition
in the last year, advancing its ongoing mission to empower the growing coalition of independent media partners on Maven&rsquo;s
digital distribution and monetization platform which today reaches more than 100 million consumers worldwide.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #222222"><FONT STYLE="color: Black">&ldquo;This is an
important milestone for Maven&rsquo;s growth strategy,&rdquo; said Maven CEO James Heckman. &ldquo;The entire team at TheStreet
have built a powerful and important voice delivering market-leading financial insights. By combining our reach, technology, platform
and monetization capabilities, we can help amplify their amazing work.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">Joining household brands such as
History, Maxim, Yoga Journal, and Ski Magazine, TheStreet&rsquo;s acquisition is intended to boost Maven&rsquo;s growing finance
network with recognized analysts, premium content, thousands of subscribers, and the industry branding power to facilitate better
monetization and distribution for all maven partners.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">TheStreet will form the core of
a finance vertical that will combine with Maven&rsquo;s other strategic finance partners operating hyper-focused category destinations,
such as long and short equities, bonds, commodities, crypto, macro, taxes, retirement, cybersecurity, and more. TheStreet brings
its 20-year editorial tradition, strong subscription platform and valuable membership base to Maven, and will benefit from Maven&rsquo;s
mobile-friendly CMS, social and monetization technology.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">Eric Lundberg, CEO and CFO of TheStreet
said, &ldquo;We&rsquo;re excited to join the Maven family and its coalition of over 270 independent publishers. We&rsquo;ve seen
the power of the Maven platform and are pleased to bring new capabilities to our readers, and our great content to Maven&rsquo;s
existing audience. Together, that kind of scale provides critical mass to propel our growth.&rdquo;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black; background-color: white">The combined
companies are expected to profitably generate more than $50 million in revenue over the next four quarters. </FONT><FONT STYLE="color: Black">The
transaction is expected to close in the third quarter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black"><U>About Maven</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black"><U>Maven</U> (maven.io) is <U>a
coalition of Mavens</U>, from individual thought-leaders to world-leading independent publishers, operating on a shared digital
publishing, advertising, and distribution platform and unified under a single media brand. Based in Seattle, Maven is publicly
traded under the ticker symbol <U>MVEN</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black"><U>About TheStreet, Inc.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">TheStreet, Inc. (NASDAQ: TST, <U>www.t.st</U>)
is a leading financial news and information provider to investors and institutions worldwide. The Company's flagship brand, TheStreet
(<U>www.thestreet.com</U>), has produced unbiased business news and market analysis for individual investors for more than 20
years.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black"><U>Notice Regarding Forward-Looking
Statements</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">This press release contains forward-looking
statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include
statements regarding planned investments in our business and expectations for 2019. Such forward-looking statements are subject
to risks and uncertainties, including those described in the Company's filings with the Securities and Exchange Commission (&quot;SEC&quot;)
that could cause actual results to differ materially from those reflected in the forward-looking statements. Factors that might
contribute to such differences include, among others, economic downturns and the general state of the economy, including the financial
markets and mergers and acquisitions environment; our ability to drive revenue, and increase or retain current advertising and
subscription revenue; our ability to develop new products; competition and other factors set forth in our filings with the SEC,
which are available on the SEC's website at www.sec.gov. All forward-looking statements contained herein are made as of the date
of this press release. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable,
the Company cannot guarantee future results or occurrences. The Company disclaims any obligation to update these forward-looking
statements, whether as a result of new information, future developments or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">Contact: Doug Smith, Chief Financial
Officer, theMaven, Inc., <U>ir@maven.io</U></FONT></P>



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