<SEC-DOCUMENT>0001144204-16-127921.txt : 20161013
<SEC-HEADER>0001144204-16-127921.hdr.sgml : 20161013
<ACCEPTANCE-DATETIME>20161013080241
ACCESSION NUMBER:		0001144204-16-127921
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20161012
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Changes in Control of Registrant
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20161013
DATE AS OF CHANGE:		20161013

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRANSGENOMIC INC
		CENTRAL INDEX KEY:			0001043961
		STANDARD INDUSTRIAL CLASSIFICATION:	LABORATORY ANALYTICAL INSTRUMENTS [3826]
		IRS NUMBER:				911789357
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36439
		FILM NUMBER:		161934081

	BUSINESS ADDRESS:	
		STREET 1:		12325 EMMET ST
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68164
		BUSINESS PHONE:		4027385480

	MAIL ADDRESS:	
		STREET 1:		12325 EMMET STREET
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68164
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
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<FILENAME>v450427_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0"></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

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

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

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

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

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>FORM 8-K</B></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"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Date of Report (Date of earliest event
reported): October 13, 2016 (October 12, 2016)</B></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"></P>

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

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Transgenomic, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><I>(Exact Name of Registrant as Specified
in Charter)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1.25in">&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"><I>&nbsp;</I></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Delaware</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(State or Other Jurisdiction</I></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>of Incorporation)</I></P></TD>
    <TD STYLE="width: 34%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>000-30975</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(Commission File Number)</I></P></TD>
    <TD STYLE="width: 33%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0; text-align: center"><B>91-1789357</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(IRS Employer</I></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>Identification No.)</I></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>12323 Emmit Street, Omaha, NE 68164</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><I>(Address of Principal Executive Offices)
(Zip Code)</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>(402) 452-5400</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><I>(Registrant&rsquo;s telephone number,
including area code)</I></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><I>(Former name or former address, if changed
since last report)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1.25in"></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">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
A.2. below):</P>

<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">&#168;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="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 2"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></TD><TD STYLE="text-align: justify">Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)</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">&#168;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="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">&#168;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 1.01. &#9;Entry into a Material Definitive Agreement.</B></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"><B><U>Merger Agreement</U></B></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-indent: 24.5pt; background-color: white">On October 12,
2016, Transgenomic, Inc. (&ldquo;Transgenomic&rdquo;), New Haven Labs Inc., a wholly owned subsidiary of Transgenomic (&ldquo;Merger
Sub&rdquo; and, together with Transgenomic, the &ldquo;Transgenomic Parties&rdquo;), and Precipio Diagnostics, LLC (&ldquo;Precipio&rdquo;)
entered into an Agreement and Plan of Merger (the &ldquo;Merger Agreement&rdquo;) pursuant to which Precipio will become a wholly
owned subsidiary of Transgenomic (the &ldquo;Merger&rdquo;), on the terms and subject to the conditions set forth in the Merger
Agreement. The parties expect the Merger to close in 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">Upon the effectiveness
of the Merger (the &ldquo;Effective Time&rdquo;), each membership interest of Precipio (the &ldquo;Company Units&rdquo;) issued
and outstanding immediately prior to the Effective Time will be converted into the right to receive an amount of shares of Transgenomic
common stock (&ldquo;Parent Common Stock&rdquo;) based on an exchange ratio set forth in the Merger Agreement, together with cash
in lieu of fractional units. All outstanding membership interests in Precipio outstanding prior to the Effective Time (including
preferred interests and non-voting interests) will be recapitalized into Company Units and receive the Parent Common Stock as Merger
consideration (the &ldquo;Common Unit Recapitalization&rdquo;). The total amount of Parent Common Stock issued to the Precipio
members in the Merger is expected to be between approximately 107 million and 262 million shares of Transgenomic&rsquo;s common
stock (before accounting for the reverse stock split that has been submitted to Transgenomic&rsquo;s stockholders for approval).
Pursuant to the terms of the Merger Agreement, Precipio holders are expected to own between 62% and 80% of the outstanding shares
of Transgenomic following the Merger depending on the relative amount of outstanding liabilities of each of the parties at the
Effective Time, but not taking into account the issuance of the New Preferred Shares described below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The board of managers
of Precipio and the boards of directors of Transgenomic and Merger Sub, and Transgenomic, in its capacity as the sole stockholder
of Merger Sub, have each approved the Merger Agreement and the board of managers of Precipio and the board of directors of Transgenomic
have each recommended that their respective equity holders approve the transactions contemplated by the Merger Agreement. Transgenomic
will hold a special meeting of its stockholders to approve the issuance of shares of Transgenomic common stock pursuant to the
Merger, as required by Nasdaq Listing Rules, as well as certain other matters (the &ldquo;Special Meeting&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The Merger Agreement
contains various representations, warranties and covenants of the Transgenomic Parties and Precipio, including, among others, covenants
(i) by each of Precipio and Transgenomic to operate its business in the ordinary course, (ii) by each of Precipio and Transgenomic
not to engage in certain kinds of transactions during the period between the execution of the Merger Agreement and the completion
of the Merger, (iii) by Precipio to have its members approve the Merger and (iv) by Transgenomic to hold the Special Meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">Under the Merger
Agreement, Precipio and Transgenomic are subject to customary &ldquo;no shop&rdquo; provisions that limit their respective abilities
to solicit alternative acquisition proposals from third parties or to provide confidential information to third parties, subject
to a &ldquo;fiduciary out&rdquo; provision that allows Precipio and Transgenomic to provide information and participate in discussions
with respect to certain unsolicited written proposals and to terminate the Merger Agreement and enter into an acquisition agreement
with respect to a superior proposal in compliance with the terms of the Merger Agreement (a &ldquo;Superior Proposal&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">Completion of
the Merger is subject to various conditions, including, among others: (i) approval of the holders of a majority of Transgenomic&rsquo;s
shares of outstanding common stock, (ii) approval of the requisite amount of the members of Precipio, (iii) approval of an amendment
to the Certificate of Incorporation of Transgenomic contemplating the New Preferred Stock Financing (described below) and changing
the name of Transgenomic to Precipio, Inc. or such other name as determined by Precipio, (iv) obtaining certain third party consents,
(v) the absence of any judgment, injunction, order or decree prohibiting or enjoining the completion of the Merger, (vi) consummation
of the New Preferred Stock Financing, (vii) approval of listing of the Parent Common Stock on NASDAQ, (viii) completion of the
Common Unit Recapitalization (described above), (ix) increase in the size of the Transgenomic board by two members and the appointment
of designees in accordance with the Merger Agreement and (x) the lock-up of certain Transgenomic stockholders and Precipio members.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">In addition, the
obligation of the parties to complete the Merger is subject to certain other conditions, including (i) subject to the standards
set forth in the Merger Agreement, the accuracy of the representations and warranties of the other party, (ii)&nbsp;compliance
of each party with its covenants in all material respects and (iii)&nbsp;no material adverse effect of either party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The Merger Agreement
contains certain termination rights for both the Transgenomic Parties and Precipio. Either may terminate the Merger Agreement if
the Merger is not completed on or before the date that is six months following the date of the Merger Agreement. Moreover, either
party may terminate the Merger Agreement if the other party changes its recommendation to its security holders to approve the Merger
and the related transactions or enter into an agreement with a third party regarding a Superior Proposal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The Merger Agreement
also provides that, upon termination of the Merger Agreement under certain circumstances, Transgenomic will be required to pay
to Precipio a termination payment of $256,500. If the Merger Agreement is terminated for certain other reasons, Precipio will be
required to pay Transgenomic a termination payment of $256,500.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The foregoing
description of the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the Merger
Agreement, which is attached hereto as Exhibit 2.1 and incorporated by reference herein. The Merger Agreement has been included
as an exhibit hereto solely to provide investors and security holders with information regarding its terms. It is not intended
to be a source of financial, business or operational information about Transgenomic, Precipio or their respective subsidiaries
or affiliates. The representations, warranties and covenants contained in the Merger Agreement are made only for purposes of the
Merger Agreement and are made as of specific dates; are solely for the benefit of the parties; may be subject to qualifications
and limitations agreed upon by the parties in connection with negotiating the terms of the Merger Agreement, including being qualified
by confidential disclosures made for the purpose of allocating contractual risk between the parties rather than establishing matters
as facts; and may be subject to standards of materiality applicable to the contracting parties that differ from those applicable
to investors or security holders. Investors and security holders should not rely on the representations, warranties and covenants
or any description thereof as characterizations of the actual state of facts or condition of Transgenomic, Precipio or their respective
subsidiaries or affiliates. Moreover, information concerning the subject matter of the representations, warranties and covenants
may change after the date of the Merger Agreement, which subsequent information may or may not be fully reflected in public disclosures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">In connection
with the Merger, the Supporting Stockholders and Supporting Members (as defined below) will enter into a lock-up agreement with
the combined company at the Effective Time pursuant to which the Supporting Stockholders agreed, among other things, not to sell
shares of Transgenomic common stock for the six month period beginning at the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The Merger Agreement
also provides that the combined company will enter into employment agreements with certain employees of Precipio at the Effective
Time and that the officers of the combined company will be agreed to by the parties prior to the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>New Preferred Shares Offering</U></B></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-indent: 24.5pt; background-color: white">In connection
with entering into the Merger Agreement, Transgenomic received a non-binding term sheet providing for the issuance (the &ldquo;New
Preferred Financing&rdquo;) of up to $7 million in Series &ldquo;A&rdquo; Redeemable Senior Convertible Preferred Shares (the &ldquo;New
Preferred Shares&rdquo;). The New Preferred Shares will be new designations of preferred shares effectuated by an amendment to
Transgenomic&rsquo;s Certificate of Incorporation. The proceeds received from this offering of New Preferred Shares will be used
to finance the Merger, for working capital and growth capital to expand into new markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">Pursuant to the
Merger Agreement, $3 million in indebtedness of Transgenomic owed to certain stockholders and other parties will also be converted
into New Preferred Shares and $3 million in indebtedness of Precipio will be converted into New Preferred Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The number of
New Preferred Shares will be issued in connection with the Merger Agreement and the New Preferred Financing is expected to be between
approximately 90 million and 170 million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The New Preferred
Shares are convertible into Parent Common Stock at any time at an applicable conversion price. This conversion price will be subject
to certain anti-dilution protections. Certain material corporate events will also require the consent of a supermajority of holders
of the New Preferred Shares. In the event of Transgenomic&rsquo;s liquidation, dissolution, or winding up, holders of the New Preferred
Shares will be entitled to receive assets or surplus funds of Transgenomic in an amount equal to the greater of (i) 1.5 times the
original purchase price of the New Preferred Shares, plus an amount equal to all unpaid and accrued dividends and dividend equivalents
and (ii) the amount that would be payable on the New Preferred Shares if they were converted into Parent Common Stock (the &ldquo;Liquidation
Preference&rdquo;). This Liquidation Preference would also be due in the event of a future merger or sale of Transgenomic, unless
a supermajority of holders elect otherwise. The New Preferred Shares will be entitled to an annual 8% cumulative payment in lieu
of interest or dividends, payable in-kind for the first two years and in cash or in-kind thereafter, at the option of the holder.
The New Preferred Shares will also be entitled to share on any dividends paid on the Parent Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">If an event requiring
payment of the liquidation amount has not occurred in five years, the holders of the New Preferred Shares will have the option
to require Transgenomic to redeem their New Preferred Shares for the Liquidation Preference. At any time after the second anniversary
of the Effective Time, Transgenomic may elect to redeem the New Preferred Shares for the Liquidation Preference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The holders of
the New Preferred Shares will also enter into an Investor Rights Agreement with Transgenomic which provides certain rights, including
registration rights, preemptive rights, information rights and, for so long as 50% of the New Preferred Shares purchased in the
New Preferred Financing are outstanding, the right to appoint two directors of Transgenomic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">In connection
with the New Preferred Financing, and as provided in the Merger Agreement, the Transgenomic board will increase its size to seven
at the Effective Time, two of whom will be current directors, three of whom will be nominated by Precipio and two of whom will
be nominated by the holders of the New Preferred Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B><U>Voting Agreements</U></B></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: 24.5pt; background-color: white">In connection
with entering into the Merger Agreement, Transgenomic and members and warrantholders of Precipio (collectively, the &ldquo;Supporting
Members&rdquo;), entered into a voting agreement (the &ldquo;Precipio Voting Agreement&rdquo;) pursuant to which the Supporting
Members agreed to, among other things, (i)&nbsp;authorize and approve the Merger Agreement and the transactions contemplated thereby
and (ii) vote against any Acquisition Proposal (as defined in the Merger Agreement).&nbsp;Collectively, the shares held by the
Supporting Members represent approximately 71% of Precipio&rsquo;s issued and outstanding membership interests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">Precipio and certain
Transgenomic stockholders (the &ldquo;Supporting Stockholders&rdquo;) also entered into a voting agreement (the &ldquo;Transgenomic
Voting Agreement&rdquo;) pursuant to which the Supporting Stockholders agreed to, among other things, (i)&nbsp;authorize and approve
the Merger Agreement and the transactions contemplated thereby and (ii) vote against any Acquisition Proposal (as defined in the
Merger Agreement).&nbsp;Collectively, the shares held by the Supporting Stockholders represent approximately 31.84% of Transgenomic&rsquo;s
voting stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The foregoing
description of the voting agreements is only a summary, does not purport to be complete, and is qualified in its entirety by reference
to the form of voting agreements which are attached as Exhibits 99.1 and 99.2 to this Current Report on Form 8-K and are incorporated
herein by reference in its entirety.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Item 3.02&#9;Unregistered Sales
of Equity Securities</B></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: 24.5pt; background-color: white">The information
in Item 1.01 of this Current Report is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The issuance of
the Parent Common Stock in the Merger will be made in reliance upon the exemption from registration requirements in Rule 506 of
Regulation D under the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The issuance of
the New Preferred Shares will be made in reliance upon the exemption from registration requirements in Rule 506 of Regulation D
under the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Item 5.01&#9;Changes in Control
of Registrant</B></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: 24.5pt; background-color: white">The information
in Item 1.01 of this Current Report is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Item 5.03. &#9;Amendments to Articles
of Incorporation or Bylaws; Change in Fiscal Year</B></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: 24.5pt; background-color: white"><FONT STYLE="background-color: white">Effective
October 12, 2016, the board of directors of Transgenomic approved amendments to Transgenomic&rsquo;s Bylaws to (a) add a new Article
VII, Section 6 providing that the Court of Chancery of the State of Delaware </FONT>(or if the Court of Chancery does not have
jurisdiction, another state of federal court located within the State of Delaware) will be the sole and exclusive forum for (i)
any derivative action or proceeding brought on behalf of Transgenomic, (ii) any action or proceeding asserting a claim of breach
of a fiduciary duty owed by any current or former director, officer or other employee or agent of Transgenomic to Transgenomic
or Transgenomic&rsquo;s stockholders or debtholders, (iii) any action asserting a claim against Transgenomic or any director or
officer or other employee of Transgenomic arising pursuant to any provision of the Delaware General Corporation Law or the Certificate
of Incorporation or Bylaws (in each case, as they may be amended from time to time), (iv) any action asserting a claim against
Transgenomic or any current or former director or officer or other employee or agent of Transgenomic governed by the internal affairs
doctrine or (v) any action asserting an &ldquo;internal corporate claim&rdquo; as that term is defined in Section 115 of the General
Corporation Law of the State of Delaware and (b) a <FONT STYLE="background-color: white">new Article VII, Section 7 providing for
the severability of each provision of the Company&rsquo;s Bylaws. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The foregoing
description of the amendments to Transgenomic&rsquo;s Amended and Restated Bylaws does not purport to be complete and is qualified
in its entirety by reference to the full text of the amendment to Transgenomic&rsquo;s Amended and Restated Bylaws, which is filed
as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Item 7.01&#9;Regulation FD Disclosure</B></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: 24.5pt; background-color: white">On October 12,
2016, Transgenomic and Precipio issued a joint press release announcing the execution of the Merger Agreement. The joint press
release is furnished as Exhibit 99.3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">As provided in
General Instruction B.2 of Form 8-K, the information in this Item&nbsp;7.01 and the exhibit furnished hereunder will not be deemed
to be &ldquo;filed&rdquo; for purposes of Section&nbsp;18 of the Securities Exchange Act of 1934, as amended, nor will they be
deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as will be expressly
set forth by specific reference in such a filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Forward-Looking Statements</B></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: 24.5pt; background-color: white">Some of the matters
discussed in this Current Report on Form 8-K (including Exhibit 99.1) may constitute forward-looking statements within the meaning
of the &ldquo;safe harbor&rdquo; provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements
relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions
concerning matters that are not historical facts. The forward-looking statements are based on Transgenomic&rsquo;s beliefs, assumptions
and expectations of its future performance, taking into account all information currently available to it. These beliefs, assumptions
and expectations can change as a result of many possible events or factors, not all of which are known to Transgenomic or are within
its control. The following factors, among others, could cause actual results to vary from the forward-looking statements: the ability
of the parties to satisfy the conditions precedent and consummate the proposed Merger, the timing of consummation of the proposed
Merger, the ability of the parties to secure any required stockholder or regulatory approvals in a timely manner or on the terms
desired or anticipated, the ability to achieve anticipated benefits, risks related to disruption of management&rsquo;s attention
due to the pending Merger, operating results and businesses generally, the outcome of any legal proceedings related to the proposed
Merger and the general risks associated with the respective businesses of Transgenomic and Precipio, including the general volatility
of the capital markets, terms and deployment of capital, volatility of the Transgenomic or Precipio share prices, changes in the
biotechnology industry, interest rates or the general economy, underperformance of Transgenomic&rsquo;s and Precipio&rsquo;s assets
and investments and decreased ability to raise funds and the degree and nature of Transgenomic&rsquo;s and Precipio&rsquo;s competition.
Transgenomic does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that
occur after the date on which such statements were made except as required by law. Additional information about factors affecting
Transgenomic is available in Transgenomic&rsquo;s Quarterly Report on Form 10-Q for the period ended June&nbsp;30, 2016, and other
filings with the SEC, which are available at www.sec.gov.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Additional Information for Transgenomic
Common Stockholders</B></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: 24.5pt; background-color: white">In connection
with the proposed transactions, Transgenomic plans to file with the SEC a proxy statement relating to the approval of the Merger
Agreement. The information in the preliminary proxy statement is not complete and may be changed. The proxy statement and this
report are not offers to sell Transgenomic securities and are not soliciting an offer to buy Transgenomic securities in any state
where the offer and sale is not permitted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">The definitive
proxy statement will be mailed to stockholders of Transgenomic. TRANSGENOMIC URGES INVESTORS AND SECURITY HOLDERS TO READ THE DEFINITIVE
PROXY STATEMENT AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY
WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain free copies
of the definitive proxy statement (when available) and other documents filed with the SEC by Transgenomic through the web site
maintained by the SEC at www.sec.gov. Free copies of the definitive proxy statement (when available) and other documents filed
with the SEC can also be obtained on Transgenomic&rsquo;s website at http://www.transgenomic.com/ir/investor-information/.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">Transgenomic and
its directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Transgenomic
in connection with the Merger. Information about the directors and executive officers of Transgenomic is set forth in Transgenomic&rsquo;s
proxy statement filed with the SEC on April 29, 2016. Additional information regarding the interests of these participants and
other persons who may be deemed participants in the Merger may be obtained by reading the proxy statement regarding the proposed
transaction when it becomes available.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">This document
will not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities
in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under
the securities laws of any such jurisdiction. No offering of securities will be made, except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Item&nbsp;9.01. Financial Statements
and Exhibits.</B></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: 48.95pt; background-color: white">(d) Exhibits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 48.95pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">See the Exhibit
Index immediately following the signature page hereto, which is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt; background-color: white">&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"><B>SIGNATURES</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-indent: 24.5pt; background-color: white">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-indent: 24.5pt; background-color: white"></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">Date: October 13, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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: 0; text-indent: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt"><B>Transgenomic, Inc.,</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0; width: 50%">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0; width: 1%">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0; width: 49%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD NOWRAP STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD STYLE="padding: 0; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Paul Kinnon</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">Paul Kinnon</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">President and Chief Executive Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; 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-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></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%; background-color: white; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="text-align: left; width: 10%; font-size: 10pt; padding: 0; text-indent: 0; vertical-align: bottom"><FONT STYLE="font-size: 10pt"><B>Exhibit <BR>
<U>Number</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; font-size: 10pt; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 88%; font-size: 10pt; text-decoration: underline; padding: 0; text-indent: 0; vertical-align: bottom"><FONT STYLE="font-size: 10pt"><B><U>Description</U></B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">Agreement and Plan of Merger, dated October 12, 2016, by and among Transgenomic, Inc., New Haven Labs Inc. and Precipio Diagnostics, LLC</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">Amendment to Amended and Restated Bylaws</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">Form of Voting Agreement, by and among Transgenomic, Inc., Precipio Diagnostics, LLC, and certain holders of Transgenomic common stock</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">99.2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">Form of Voting Agreement, by and among Transgenomic, Inc., Precipio Diagnostics, LLC, and certain members and warrantholders of Precipio</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">99.3</FONT></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">Press release dated October 12, 2016</FONT></TD></TR>
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<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>v450427_ex2-1.htm
<DESCRIPTION>EXHIBIT 2.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 2.1</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: right"><B><I>Execution Version</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1in">&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<BR>
<BR>
TRANSGENOMIC, 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">NEW HAVEN LABS 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">PRECIPIO DIAGNOSTICS, LLC</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;<BR>
DATED AS OF October 12, 2016</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"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"></FONT></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: 12%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 78%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="text-transform: uppercase">Page</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">Article I</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">CERTAIN DEFINITIONS</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 1.01</TD>
    <TD STYLE="text-indent: 0in">Certain Definitions</TD>
    <TD STYLE="text-align: right; text-indent: 0in">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">Article II</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">THE MERGER</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 2.01</TD>
    <TD STYLE="text-indent: 0in">Merger</TD>
    <TD STYLE="text-align: right; text-indent: 0in">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 2.02</TD>
    <TD STYLE="text-indent: 0in">Closing of the Merger</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">Section 2.03</TD>
    <TD STYLE="text-indent: 0in">Effective Time</TD>
    <TD STYLE="text-align: right; text-indent: 0in">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 2.04</TD>
    <TD STYLE="text-indent: 0in">Effects of the Merger</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">Section 2.05</TD>
    <TD STYLE="text-indent: 0in">Certificate of Formation; Limited Liability Company Agreement</TD>
    <TD STYLE="text-align: right; text-indent: 0in">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 2.06</TD>
    <TD STYLE="text-indent: 0in">Managers</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">Section 2.07</TD>
    <TD STYLE="text-indent: 0in">Officers</TD>
    <TD STYLE="text-align: right; text-indent: 0in">15</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 2.08</TD>
    <TD STYLE="text-indent: 0in">Effect on Equity Securities</TD>
    <TD STYLE="text-align: right; text-indent: 0in">16</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 2.09</TD>
    <TD STYLE="text-indent: 0in">Determination of Exchange Ratio</TD>
    <TD STYLE="text-align: right; text-indent: 0in">16</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 2.10</TD>
    <TD STYLE="text-indent: 0in">Adjustment of Merger Consideration</TD>
    <TD STYLE="text-align: right; text-indent: 0in">19</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 2.11</TD>
    <TD STYLE="text-indent: 0in">Exchange Agent Matters</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">Section 2.12</TD>
    <TD STYLE="text-indent: 0in">Additional Actions</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">Section 2.13</TD>
    <TD STYLE="text-indent: 0in">Income Tax Treatment</TD>
    <TD STYLE="text-align: right; text-indent: 0in">22</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">Article III</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">REPRESENTATIONS AND WARRANTIES OF THE COMPANY</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.01</TD>
    <TD STYLE="text-indent: 0in">Organization, Authority and Qualification</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">Section 3.02</TD>
    <TD STYLE="text-indent: 0in">Capitalization</TD>
    <TD STYLE="text-align: right; text-indent: 0in">23</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.03</TD>
    <TD STYLE="text-indent: 0in">Books and Records</TD>
    <TD STYLE="text-align: right; text-indent: 0in">24</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.04</TD>
    <TD STYLE="text-indent: 0in">Authority and Noncontravention</TD>
    <TD STYLE="text-align: right; text-indent: 0in">24</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.05</TD>
    <TD STYLE="text-indent: 0in">Governmental Consents and Approvals</TD>
    <TD STYLE="text-align: right; text-indent: 0in">24</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.06</TD>
    <TD STYLE="text-indent: 0in">Financial Information; Books and Records</TD>
    <TD STYLE="text-align: right; text-indent: 0in">25</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.07</TD>
    <TD STYLE="text-indent: 0in">Absence of Undisclosed Liabilities</TD>
    <TD STYLE="text-align: right; text-indent: 0in">25</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.08</TD>
    <TD STYLE="text-indent: 0in">Conduct in the Ordinary Course; Absence of Certain Changes, Events and Conditions</TD>
    <TD STYLE="text-align: right; text-indent: 0in">25</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.09</TD>
    <TD STYLE="text-indent: 0in">Legal Proceedings</TD>
    <TD STYLE="text-align: right; text-indent: 0in">25</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.10</TD>
    <TD STYLE="text-indent: 0in">Compliance with Laws</TD>
    <TD STYLE="text-align: right; text-indent: 0in">26</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.11</TD>
    <TD STYLE="text-indent: 0in">Environmental Matters</TD>
    <TD STYLE="text-align: right; text-indent: 0in">27</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.12</TD>
    <TD STYLE="text-indent: 0in">Regulatory Matters</TD>
    <TD STYLE="text-align: right; text-indent: 0in">27</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.13</TD>
    <TD STYLE="text-indent: 0in">Material Contracts</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">Section 3.14</TD>
    <TD STYLE="text-indent: 0in">Intellectual Property</TD>
    <TD STYLE="text-align: right; text-indent: 0in">30</TD></TR>
</TABLE>


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

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

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

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<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: 12%; text-indent: 0in">Section 3.15</TD>
    <TD STYLE="width: 78%; text-indent: 0in">Real Property</TD>
    <TD STYLE="width: 10%; text-align: right; text-indent: 0in; vertical-align: bottom">33</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.16</TD>
    <TD STYLE="text-indent: 0in">Assets</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">33</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.17</TD>
    <TD STYLE="text-indent: 0in">Company Plans</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">34</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.18</TD>
    <TD STYLE="text-indent: 0in">Labor Matters</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">35</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.19</TD>
    <TD STYLE="text-indent: 0in">Transactions with Affiliates</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">35</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.20</TD>
    <TD STYLE="text-indent: 0in">Taxes</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">36</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.21</TD>
    <TD STYLE="text-indent: 0in">Insurance</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">37</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.22</TD>
    <TD STYLE="text-indent: 0in">Brokers</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">37</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 3.23</TD>
    <TD STYLE="text-indent: 0in">Approval Required</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">37</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 3.24</TD>
    <TD STYLE="text-indent: 0in">Disclosure</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">37</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">Article IV</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.01</TD>
    <TD STYLE="text-indent: 0in">Organization, Authority and Qualification</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">38</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.02</TD>
    <TD STYLE="text-indent: 0in">Capitalization</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">38</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.03</TD>
    <TD STYLE="text-indent: 0in">Authority and Noncontravention</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">39</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.04</TD>
    <TD STYLE="text-indent: 0in">Governmental Consents and Approvals</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">40</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.05</TD>
    <TD STYLE="text-indent: 0in">SEC Filings; Financial Information; Books and Records</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">40</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.06</TD>
    <TD STYLE="text-indent: 0in">Absence of Undisclosed Liabilities</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">41</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.07</TD>
    <TD STYLE="text-indent: 0in">Conduct in the Ordinary Course; Absence of Certain Changes, Events and Conditions</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">41</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 4.08</TD>
    <TD STYLE="text-indent: 0in">Legal Proceedings</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">41</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.09</TD>
    <TD STYLE="text-indent: 0in">Compliance with Laws</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">42</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.10</TD>
    <TD STYLE="text-indent: 0in">Regulatory Matters</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">43</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.11</TD>
    <TD STYLE="text-indent: 0in">Assets</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">43</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.12</TD>
    <TD STYLE="text-indent: 0in">Transactions with Affiliates</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">44</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.13</TD>
    <TD STYLE="text-indent: 0in">Insurance</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">44</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.14</TD>
    <TD STYLE="text-indent: 0in">Brokers</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">44</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.15</TD>
    <TD STYLE="text-indent: 0in">Disclosure</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">44</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 4.16</TD>
    <TD STYLE="text-indent: 0in">Controls and Procedures, Certifications and Other Matters Relating to the Sarbanes-Oxley Act</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">44</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.17</TD>
    <TD STYLE="text-indent: 0in">Material Contracts</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">45</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.18</TD>
    <TD STYLE="text-indent: 0in">Intellectual Property</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">47</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.19</TD>
    <TD STYLE="text-indent: 0in">Parent Plans</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">50</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.20</TD>
    <TD STYLE="text-indent: 0in">Labor Matters</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">51</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.21</TD>
    <TD STYLE="text-indent: 0in">Environmental Matters</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">52</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.22</TD>
    <TD STYLE="text-indent: 0in">Real Property</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.23</TD>
    <TD STYLE="text-indent: 0in">Taxes</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">53</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.24</TD>
    <TD STYLE="text-indent: 0in">Proxy Statement</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">54</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.25</TD>
    <TD STYLE="text-indent: 0in">Corporate Books and Records</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">54</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 4.26</TD>
    <TD STYLE="text-indent: 0in">Approval Required</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 4.27</TD>
    <TD STYLE="text-indent: 0in">Valid Issuance</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">55</TD></TR>
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<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="width: 12%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 78%; text-align: center">Article V</TD>
    <TD STYLE="width: 10%; text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">COVENANTS</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 5.01</TD>
    <TD STYLE="text-indent: 0in">Conduct of Business</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">55</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 5.02</TD>
    <TD STYLE="text-indent: 0in">Company Member Approval</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">60</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 5.03</TD>
    <TD STYLE="text-indent: 0in">Access to Information; Confidentiality</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">60</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 5.04</TD>
    <TD STYLE="text-indent: 0in">Private Placement</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">60</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 5.05</TD>
    <TD STYLE="text-indent: 0in">Preparation of the Proxy Statement; Stockholders Meeting</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">61</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 5.06</TD>
    <TD STYLE="text-indent: 0in">Mutual Non-Solicitation</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">62</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 5.07</TD>
    <TD STYLE="text-indent: 0in">Consents</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">66</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 5.08</TD>
    <TD STYLE="text-indent: 0in">Efforts</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">67</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 5.09</TD>
    <TD STYLE="text-indent: 0in">Employment Arrangements</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">67</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 5.10</TD>
    <TD STYLE="text-indent: 0in">Listing</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">67</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 5.11</TD>
    <TD STYLE="text-indent: 0in">Directors and Officers</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">68</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 5.12</TD>
    <TD STYLE="text-indent: 0in">Indemnification of Officers and Directors</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">69</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 5.13</TD>
    <TD STYLE="text-indent: 0in">Tax Matters</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">70</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 5.14</TD>
    <TD STYLE="text-indent: 0in">Stockholder Litigation</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">71</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 5.15</TD>
    <TD STYLE="text-indent: 0in">Section 16 Matters</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">71</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 5.16</TD>
    <TD STYLE="text-indent: 0in">Form S-3</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">71</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">Article VI</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">CONDITIONS TO THE MERGER</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: 0in">Section 6.01</TD>
    <TD STYLE="text-indent: 0in">Conditions to Each Party&rsquo;s Obligation to Effect the Merger</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">74</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 6.02</TD>
    <TD STYLE="text-indent: 0in">Conditions to Obligation of the Company to Effect the Merger</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">74</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 6.03</TD>
    <TD STYLE="text-indent: 0in">Conditions to Obligation of Parent to Effect the Merger</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">76</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 6.04</TD>
    <TD STYLE="text-indent: 0in">Frustration of Closing Conditions</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">76</TD></TR>
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    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">Article VII</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">TERMINATION</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-indent: 0in">Section 7.01</TD>
    <TD STYLE="text-indent: 0in">Termination</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">77</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 7.02</TD>
    <TD STYLE="text-indent: 0in">Effect of Termination</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">78</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 7.03</TD>
    <TD STYLE="text-indent: 0in">Expenses; Termination Fees</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">78</TD></TR>
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    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">Article VIII</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">MISCELLANEOUS</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 8.01</TD>
    <TD STYLE="text-indent: 0in">Non-Survival of Representations and Warranties</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">79</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 8.02</TD>
    <TD STYLE="text-indent: 0in">Entire Agreement; Assignment</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">79</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 8.03</TD>
    <TD STYLE="text-indent: 0in">Notices</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">79</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 8.04</TD>
    <TD STYLE="text-indent: 0in">Public Announcements</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">80</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 8.05</TD>
    <TD STYLE="text-indent: 0in">Governing Law; Jurisdiction</TD>
    <TD STYLE="text-align: right; text-indent: 0in; vertical-align: bottom">80</TD></TR>
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    <TD STYLE="width: 12%; text-indent: 0in">Section 8.06</TD>
    <TD STYLE="width: 78%; text-indent: 0in">Construction; Interpretation</TD>
    <TD STYLE="width: 10%; text-align: right; text-indent: 0in">81</TD></TR>
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    <TD STYLE="text-indent: 0in">Exhibits and Schedules</TD>
    <TD STYLE="text-align: right; text-indent: 0in">81</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 8.08</TD>
    <TD STYLE="text-indent: 0in">Parties in Interest</TD>
    <TD STYLE="text-align: right; text-indent: 0in">81</TD></TR>
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    <TD STYLE="text-indent: 0in">Severability</TD>
    <TD STYLE="text-align: right; text-indent: 0in">82</TD></TR>
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    <TD STYLE="text-indent: 0in">Amendment</TD>
    <TD STYLE="text-align: right; text-indent: 0in">82</TD></TR>
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    <TD STYLE="text-indent: 0in">Extension; Waiver</TD>
    <TD STYLE="text-align: right; text-indent: 0in">82</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 8.12</TD>
    <TD STYLE="text-indent: 0in">Counterparts; Facsimile Signatures</TD>
    <TD STYLE="text-align: right; text-indent: 0in">82</TD></TR>
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    <TD STYLE="text-indent: 0in">Waiver of Jury Trial</TD>
    <TD STYLE="text-align: right; text-indent: 0in">82</TD></TR>
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    <TD STYLE="text-indent: 0in">Section 8.14</TD>
    <TD STYLE="text-indent: 0in">Remedies</TD>
    <TD STYLE="text-align: right; text-indent: 0in">83</TD></TR>
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<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-indent: -81pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">COMPANY DISCLOSURE SCHEDULE</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">PARENT DISCLOSURE SCHEDULE</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: 15%">EXHIBITS</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 77%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit A</TD>
    <TD>-</TD>
    <TD>Company Employees</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit B</TD>
    <TD>-</TD>
    <TD>New Preferred Stock Term Sheet</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>SCHEDULES</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Schedule I</TD>
    <TD>-</TD>
    <TD>Outstanding Parent Common Stock</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Schedule II</TD>
    <TD>-</TD>
    <TD>Financial Statements of the Company</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Schedule III</TD>
    <TD>-</TD>
    <TD>Director Designees</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Schedule IV</TD>
    <TD>&nbsp;</TD>
    <TD>Officer Designees</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-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;<B>&nbsp;</B></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: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">THIS AGREEMENT AND PLAN
OF MERGER (this &ldquo;<B>Agreement</B>&rdquo;), dated as of October 12, 2016, is entered into by and among Transgenomic, Inc.
(&ldquo;<B>Parent</B>&rdquo;), a Delaware corporation, New Haven Labs Inc., a Delaware corporation and a wholly owned subsidiary
of Parent (&ldquo;<B>Merger Sub</B>&rdquo;), and Precipio Diagnostics, LLC, a Delaware limited liability company (the &ldquo;<B>Company</B>&rdquo;).
Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in <U>Article&nbsp;I</U>.</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, subject to the
terms and conditions set forth herein, and in accordance with the Delaware General Corporation Law (the &ldquo;<B>DGCL</B>&rdquo;)
and the Delaware Limited Liability Company Act (the &ldquo;<B>DLLCA</B>&rdquo;), the parties hereto intend to effect a merger of
Merger Sub with and into the Company, with the Company as the surviving limited liability company and as a wholly owned subsidiary
of Parent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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, the board of
managers of the Company (the &ldquo;<B>Company Board</B>&rdquo;) has, upon the terms and subject to the conditions set forth in
this Agreement, (a)&nbsp;determined that the transactions contemplated by this Agreement, the Merger (as defined herein) and other
Transactions are in the best interests of the Company and its members, (b)&nbsp;approved this Agreement, the Merger and other Transactions
and (c)&nbsp;resolved to recommend the adoption of this Agreement by the Company&rsquo;s members;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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, (a) the board
of directors of Parent (the &ldquo;<B>Parent Board</B>&rdquo;) and the board of directors of Merger Sub, and Parent, in its capacity
as the sole equityholder of Merger Sub, have each, upon the terms and subject to the conditions set forth herein, approved and
consented to the Merger, the execution by Parent and Merger Sub of this Agreement and the consummation of the Transactions, and
(b) the Parent Board has, upon the terms and subject to the conditions set forth in this Agreement, determined that the transactions
contemplated by this Agreement, the Merger and the other Transactions are in the best interest of the Company and its stockholders,
and resolved to recommend the adoption of this Agreement by Parent&rsquo;s stockholders;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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, in connection
with and contingent upon the consummation of the Merger, and in order to facilitate the Transactions, the Parent Board believes
that it is in the best interests of Parent and its stockholders to (a) increase the size of the Parent Board to seven (7) directors
and (b) appoint the director designees in accordance with <U>Section&nbsp;5.11</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">WHEREAS, concurrently
with the execution of this Agreement, and as a condition and inducement to the willingness of Parent and Merger Sub to enter into
this Agreement, certain members of the Company have executed and delivered a voting agreement with Parent pursuant to which, among
other things, such members have agreed, subject to the terms thereof, to authorize and approve this Agreement, the Merger and the
other transactions contemplated hereby;</P>

<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 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, concurrently
with the execution of this Agreement, and as a condition and inducement to the willingness of the Company to enter into this Agreement,
certain stockholders of Parent have executed and delivered a voting agreement with the Company pursuant to which, among other things,
such stockholders have agreed, subject to the terms thereof, to authorize and approve this Agreement, the Merger and the other
transactions contemplated hereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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, in connection
with and contingent on the consummation of the Transactions, Parent intends to enter into new employment agreements with the employees
of the Company listed on <U>Exhibit A</U> hereto, in a form mutually agreed between Parent and the respective employees listed
on <U>Exhibit A</U> hereto (the &ldquo;<B>Employment Agreements</B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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, for U.S. federal
income tax purposes, it is intended that the Merger (as defined below) qualify as a &ldquo;reorganization&rdquo; within the meaning
of Section 368(a) of the Internal Revenue Code of 1986, as amended (the &ldquo;<B>Code</B>&rdquo;), and that this Agreement will
be, and hereby is, adopted as a plan of reorganization; 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">WHEREAS, the parties
hereto desire to make certain representations, warranties, covenants and agreements in connection with the Merger and prescribe
various conditions to the Merger, in each case as set forth in 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">NOW, THEREFORE, in consideration
of the foregoing and the respective promises contained herein and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto 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: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">Article&nbsp;I<BR>
<BR>
CERTAIN DEFINITIONS</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">Section&nbsp;1.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Definitions</U>. As used in this Agreement, the following terms have the respective meanings set forth below.</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>2015 Financial Statements</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.06</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>2014 Financial Statements</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.06</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>2013 Financial Statements</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.06</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">&ldquo;<B>Acquisition
Proposal</B>&rdquo; means any <I>bona fide</I> inquiry, proposal or offer (whether or not in writing) from any Person (other than
any party to this Agreement or any of their Affiliates) to purchase or otherwise acquire, directly or indirectly, in a single transaction
or series of related transactions, including by way of any merger, consolidation, exchange offer, stock acquisition, asset acquisition,
share exchange, reorganization, recapitalization, liquidation, business combination, dissolution, joint venture, license or similar
transaction, (a) assets of a party to this Agreement that account for 15% or more of such party&rsquo;s assets or from which 15%
or more of such party&rsquo;s revenues or earnings are derived, (b) 15% or more of the outstanding capital stock of a party to
this Agreement or any other equity or voting interests in, such party or (c) any combination of the foregoing or <FONT STYLE="background-color: white">any
other transaction the consummation of which would reasonably be expected to interfere with or prevent the Merger; <I>provided</I>,
<I>however</I>, that the term &ldquo;Acquisition Proposal&rdquo; shall not include the Merger or the other transactions contemplated
by this Agreement. </FONT></P>

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


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Accounting
Firm</B>&rdquo; means a nationally recognized accounting firm reasonably acceptable to Parent and the Company that has not otherwise
provided services to any party or its Affiliates within the last two (2) years.</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">&ldquo;<B>Action</B>&rdquo;
means any claim, action, suit, arbitration, inquiry, proceeding or investigation by or before any Governmental 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">&ldquo;<B>Affiliate</B>&rdquo;
means, with respect to any Person, any other Person who directly or indirectly, through one or more intermediaries, controls, is
controlled by, or is under common control with, such Person. The term &ldquo;control&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 voting
securities, by contract or otherwise, and the terms &ldquo;controlled&rdquo; and &ldquo;controlling&rdquo; have meanings correlative
thereto.</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">&ldquo;<B>Agreement</B>&rdquo;
has the meaning set forth in the preamble.</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">&ldquo;<B>Bankruptcy
and Equity Exception</B>&rdquo; has the meaning set forth in <U>Section&nbsp;3.04(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">&ldquo;<B>Business
Day</B>&rdquo; means a day, other than a Saturday or Sunday, on which commercial banks in New York City, New York are open for
the general transaction of business.</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">&ldquo;<B>Certificate
of Merger</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.03</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">&ldquo;<B>Certifications</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;4.05(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">&ldquo;<B>Charter Amendment</B>&rdquo;
means an amendment to the certificate of incorporation of Parent, as in effect on the date hereof, contemplating the New Preferred
Stock Financing and changing the name of Parent to &ldquo;Precipio Diagnostics, Inc.&rdquo; (or such other name as determined by
the Company), in form and substance to be mutually agreed between Parent and the Company.</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">&ldquo;<B>Check the
Box Election</B>&rdquo; has the meaning set forth in <U>Section&nbsp;3.20(f)</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">&ldquo;<B>Claims</B>&rdquo;
means any and all administrative, regulatory or judicial actions, suits, petitions, appeals, demands, demand letters, claims, liens,
notices of noncompliance or violation, investigations, proceedings, consent orders or consent agreements.</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">&ldquo;<B>Closing</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;2.02</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">&ldquo;<B>Closing Date</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;2.02</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">&ldquo;<B>Code</B>&rdquo;
has the meaning set forth in the recitals.</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">&ldquo;<B>Company</B>&rdquo;
has the meaning set forth in the preamble.</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">&ldquo;<B>Company Board</B>&rdquo;
has the meaning set forth in the recitals.</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></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">&ldquo;<B>Company Change
of Recommendation</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.06(a)(ii)</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">&ldquo;<B>Company Designated
Directors</B>&rdquo; has the meaning set forth in the recitals.</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">&ldquo;<B>Company Director
Designees</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.11(b)(i)</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">&ldquo;<B>Company Financial
Statements</B>&rdquo; has the meaning set forth in <U>Section&nbsp;3.06</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">&ldquo;<B>Company Intellectual
Property</B>&rdquo; means Intellectual Property owned by or licensed to the Company.</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">&ldquo;<B>Company IP
Agreements</B>&rdquo; has the meaning set forth in <U>Section&nbsp;3.14(f).</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">&ldquo;<B>Company Lookback
Date</B>&rdquo; means June 30, 2012.</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">&ldquo;<B>Company Material
Adverse Effect</B>&rdquo; means a Material Adverse Effect with respect to the Company.</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">&ldquo;<B>Company Material
Licensed IP</B>&rdquo; means all Company Intellectual Property that is licensed to the Company, excluding (a) Off-the-Shelf Software
and software that is generally available for license on a mass market commercial basis pursuant to a standard form agreement that
is not subject to negotiation for annual fees that do not exceed $5,000, and (b)&nbsp;other software that is not material to the
conduct of the business of the Company and can be readily replaced with software that provides substantially the same features,
functionalities and overall performance.</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">&ldquo;<B>Company Material
Contracts</B>&rdquo; has the meaning set forth in <U>Section&nbsp;3.13(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">&ldquo;<B>Company Member
Approval</B>&rdquo; means the written consent of the members of the Company holding the requisite number of outstanding Company
Units in accordance with the Company&rsquo;s Limited Liability Company Agreement in effect as of the Effective Time and the DLLCA,
approving the (i) Merger, (ii) execution of this Agreement and (iii) consummation of the Transactions.</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">&ldquo;<B>Company Notice
Period</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.06(a)(iii)</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">&ldquo;<B>Company Permits</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.10(b)</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">&ldquo;<B>Company Plan</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.17(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">&ldquo;<B>Company Qualified
Bidder</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.06(a)(i)</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">&ldquo;<B>Company Required
Consents</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.07</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">&ldquo;<B>Company Securities</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.02(a)</U>.</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">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">A &ldquo;<B>Company
Triggering Event</B>&rdquo; shall be deemed to have occurred if: (i) the Company Board shall have failed to recommend that the
Company&rsquo;s members vote or act by written consent to approve the Merger; (ii)&nbsp;a Company Change of Recommendation shall
have occurred; or (iii) the Company shall have entered into any letter of intent or similar document or any Contract relating to
any Acquisition Proposal.</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">&ldquo;<B>Company Unit</B>&rdquo;
means an outstanding common unit of the Company immediately prior to the Effective Time.</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">&ldquo;<B>Company Unit
Consideration</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.08(c)</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">&ldquo;<B>Company Unit
Recapitalization</B>&rdquo; means the conversion of (i) all outstanding warrants and membership interests of the Company, including
the Series A Convertible Preferred Units, Series B Convertible Preferred Units, Voting Common Units, Non-Voting Common Units, Series
A Warrant and Series B Warrant (as each term is defined in the Company&rsquo;s Limited Liability Company Agreement as of the date
of this Agreement), and any other warrants to acquire any of the foregoing, into Common Units (as defined in the Company&rsquo;s
Limited Liability Company Agreement, as in effect immediately prior to the Effective Time), (ii) all outstanding promissory notes
of the Company issued to members of the Company into either Common Units or Preferred Units (as defined in the Company&rsquo;s
Limited Liability Company Agreement, as in effect immediately prior to the Effective Time) and (iii) the termination of all such
warrants and promissory 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">&ldquo;<B>Confidentiality
Agreement</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.03</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">&ldquo;<B>Contingent
Worker</B>&rdquo; means, with respect to any Person, any independent contractor, consultant, temporary employee, leased employee
or other service or agent employed or used by such Person with respect to the operation of such Person&rsquo;s business and classified
by such Person <FONT STYLE="background-color: white">as other than an employee or compensated other than through wages paid by
such Person through its respective payroll department.</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">&ldquo;<B>Continuing
Employees</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.09(b)</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">&ldquo;<B>Contract</B>&rdquo;
means any written or oral agreement, contract, subcontract, indenture, deed of trust, note, bond, mortgage, lease, sublease, concession,
franchise, license, commitment, guarantee, sale or purchase order, undertaking or other instrument, arrangement or understanding
of any kind.</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">&ldquo;<B>D&amp;O Indemnified
Parties</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.12(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">&ldquo;<B>D&amp;O Tail
Policy</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.12(c)</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">&ldquo;<B>Damages</B>&rdquo;
means any loss, damage, claim or liability (joint or several) to which a party hereto may become subject under the Securities Act,
the Exchange Act, or other federal or state law, insofar as such loss, damage, claim or liability (or any action in respect thereof)
arises out of or is based upon: (i) any untrue statement or alleged untrue statement of a material fact contained in the Registration
Statement, including any preliminary prospectus or final prospectus contained therein or any amendments or supplements thereto;
(ii) an omission or alleged omission to state therein a material fact required to be stated therein, or necessary to make the statements
therein not misleading; or (iii) any violation or alleged violation by the indemnifying<B> </B>party (or any of its agents or Affiliates)<B>
</B>of the Securities Act, the Exchange Act, any state securities law, or any rule or regulation promulgated under the Securities
Act, the Exchange Act, or any state securities 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 Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>DGCL</B>&rdquo;
has the meaning set forth in the recitals.</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">&ldquo;<B>DLLCA</B>&rdquo;
has the meaning set forth in the recitals.</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">&ldquo;<B>Effective
Time</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.03</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">&ldquo;<B>Employment
Agreements</B>&rdquo; has the meaning set forth in the recitals.</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">&ldquo;<B>Encumbrance</B>&rdquo;
means any security interest, pledge, hypothecation, mortgage, lien (including environmental and Tax liens), violation, charge,
lease, license, encumbrance, servient easement, adverse claim, reversion, reverter, preferential arrangement, restrictive covenant,
condition or restriction of any kind, including any restriction on the use, voting, transfer, receipt of income or other exercise
of any attributes of ownership.</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">&ldquo;<B>Environment</B>&rdquo;
means surface waters, groundwaters, soil, subsurface strata and ambient air.</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">&ldquo;<B>Environmental
Laws</B>&rdquo; means all Laws, now or hereafter in effect and as amended, and any judicial or administrative interpretation thereof,
including any judicial or administrative order, consent decree or judgment, relating to the environment, health, safety, natural
resources or Hazardous Materials.</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">&ldquo;<B>ERISA</B>&rdquo;
means the Employee Retirement Income Security Act of 1974, 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">&ldquo;<B>Exchange
Act</B>&rdquo; has the meaning set forth in <U>Section&nbsp;4.04</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">&ldquo;<B>Exchange
Agent</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.11(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">&ldquo;<B>Exchange
Fund</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.11(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">&ldquo;<B>Exchange
Ratio</B>&rdquo; means the quotient of (a) the total number of Merger Shares <I>divided by</I> (b) the Company Units outstanding
as of the Closing Date.</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">&ldquo;<B>Dispute</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;2.09(b)(vi)</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">&ldquo;<B>GAAP</B>&rdquo;
means United States generally accepted accounting principles.</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">&ldquo;<B>Governing
Documents</B>&rdquo; means the legal document(s) by which any Person (other than an individual) establishes its legal existence
or which govern its internal affairs. For example, the &ldquo;Governing Documents&rdquo; of a corporation are its certificate of
incorporation and bylaws, the &ldquo;Governing Documents&rdquo; of a limited partnership are its limited partnership agreement
and certificate of limited partnership and the &ldquo;Governing Documents&rdquo; of a limited liability company are its operating
agreement and certificate of formation.</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"></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-align: justify; text-indent: 0.5in">&ldquo;<B>Governmental
Entity</B>&rdquo; means any (a)&nbsp;federal, state, local, municipal, or other government, (b)&nbsp;governmental or quasi-governmental
entity of any nature (including any governmental agency, branch, department, official, or entity and any court or other tribunal)
or (c)&nbsp;body exercising, or entitled to exercise any administrative, executive, judicial, legislative, police, regulatory,
or taxing authority or power of any nature, including any arbitral tribunal.</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">&ldquo;<B>Governmental
Order</B>&rdquo; shall mean any outstanding order, writ, judgment, citation, injunction, decree, ruling, charge or award entered
by any Governmental 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">&ldquo;<B>Hazardous
Materials</B>&rdquo; means any (a) substances defined in or regulated as hazardous or toxic substances, materials or wastes under
the following United States federal statutes and their state counterparts, as each may be amended from time to time, and all regulations
thereunder: the Hazardous Materials Transportation Act, the Resource Conservation and Recovery Act, the Comprehensive Environmental
Response, Compensation and Liability Act, the Clean Water Act, the Safe Drinking Water Act, the Atomic Energy Act, the Federal
Insecticide, Fungicide, and Rodenticide Act and the Clean Air Act, and (b) material, pollutant, substance or waste that is regulated
under any Environmental Law because of its hazardous or dangerous properties or characteristics or because it can cause harm to
living organisms, human welfare or the environment.</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">&ldquo;<B>Health Care
Law</B>&rdquo; means any Law relating to health care regulatory matters, including, without limitation (a) 42 U.S.C. &sect;&sect;
1320a-7, 7a and 7b, which are commonly referred to as the &ldquo;Medicare-Medicaid Anti-Fraud and Abuse Amendments,&rdquo; (b)
42 U.S.C. &sect; 1395nn and all regulations promulgated thereunder, which are commonly referred to as the &ldquo;Stark Law,&rdquo;
(c) 31 U.S.C. &sect;&sect; 3729-3733, which is commonly referred to as the &ldquo;Federal False Claims Act,&rdquo; (d) HIPAA, (e)
the Occupational Safety and Health Act and all regulations promulgated under such legislation, (f) the Clinical Laboratory Improvement
Amendments, and all regulations promulgated thereunder, including 42 C.F.R. Part 493, (g) applicable state anti-kickback, fee-splitting
and patient brokering laws, (h) state information privacy and security laws, and (i) state laws governing the licensure and operation
of clinical laboratories.</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">&ldquo;<B>HIPAA</B>&rdquo;
means the Health Insurance Portability and Accountability Act of 1996, and its implementing regulations including the Standards
for Privacy of Individually Identifiable Health Information, Security Standards for the Protection of Electronic PHI and the Breach
Notification Rule, 45 C.F.R. Parts 160-164 as of the effective dates of such laws.</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">&ldquo;<B>Indebtedness</B>&rdquo;
means any (a) indebtedness for borrowed money, (b) indebtedness evidenced by any bond, debenture, mortgage, indenture or other
debt instrument or debt security, (c) accounts payable to trade creditors and accrued expenses not arising in the ordinary course
of business, (d) amounts owing as deferred purchase price for the purchase of any property, (e)&nbsp;capital lease obligations,
(f) obligations under letters of credit and (g) guarantee of any such indebtedness, obligations or debt securities of a type described
in <U>clauses (a)</U> through <U>(f)</U> above of any other Person.</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">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Intellectual
Property</B>&rdquo; means (a) Patents and inventions, inventions disclosures, designs, discoveries and improvements, whether or
not patentable, (b) copyrights and copyrightable works, moral rights and economic rights of authors and inventors, rights of privacy
and publicity, software, databases, compilations, and data collections, (c) trademarks, service marks, domain names and uniform
resource locaters (URLs), business names, brand names, trade names, trade dress, and any other names, marks or indicators of origin
together with all goodwill associated with any of the foregoing, (d) trade secrets (including, those trade secrets defined in the
Uniform Trade Secrets Act or under corresponding foreign statutory law or common law), confidential, proprietary and non-public
information, marketing and technical information, product specifications, compositions, formulae, proprietary processes, models,
drawings, know-how, methods and techniques, and (e) any other intellectual property or proprietary rights, in any jurisdiction,
including, for each of the foregoing (a) through (e), all rights thereto and any applications or registrations therefor.</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">&ldquo;<B>Intended
Tax Treatment</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.13</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">&ldquo;<B>Interim Financial
Statements</B>&rdquo; has the meaning set forth in <U>Section&nbsp;3.06</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">&ldquo;<B>IRS</B>&rdquo;
means the United States Internal Revenue Service.</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">&ldquo;<B>Independent
Director Designees</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.11(b)(i)</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">&ldquo;<B>Investor
Director Designees</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.11(b)(i)</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">&ldquo;<B>Judgment</B>&rdquo;
means any judgment, ruling, order, writ, injunction or decree of any Governmental Entity or arbitrator.</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">&ldquo;<B>Knowledge</B>&rdquo;
means, (a) in the case of the Company, the actual knowledge, as of the date of this Agreement, of Ilan Danieli, after reasonable
inquiry and (b) in the case of Parent and Merger Sub, the actual knowledge, as of the date of this Agreement, of Paul Kinnon, after
reasonable inquiry.</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">&ldquo;<B>Law</B>&rdquo;
means any federal, national, foreign, supranational, state, provincial or local statute, law, ordinance, regulation, rule, code,
order, requirement or rule of 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">&ldquo;<B>Lease Agreements</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.15(b)</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">&ldquo;<B>Leased Real
Property</B>&rdquo; has the meaning set forth in <U>Section&nbsp;3.15(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">&ldquo;<B>Legal Proceedings</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.09</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">&ldquo;<B>Letter of
Transmittal</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.11(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">&ldquo;<B>Liabilities</B>&rdquo;
means any and all Indebtedness, current liabilities (including accounts payable and accrued expenses), any other liabilities and
obligations, whether accrued or fixed, absolute or contingent, matured or unmatured or determined or determinable, including those
arising under any Law, Action or Governmental Order and those arising under any contract, agreement, arrangement, commitment or
undertaking.</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-align: justify; text-indent: 0.5in">&ldquo;<B>Lock-Up Agreement</B>&rdquo;
means a lock-up agreement in a form to be mutually agreed between the Company and Parent.</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></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">&ldquo;<B>Material
Adverse Effect</B>&rdquo; means any condition, change, event, occurrence or effect that, individually or in the aggregate with
all other conditions, changes, events, occurrences or effects, is or would reasonably be expected to (a) be materially adverse
to the business, assets, liabilities (contingent or otherwise), results of operations or financial condition of a Person; other
than any condition, change, event, occurrence or effect, directly or indirectly, arising out of, resulting from or relating to
the following: (i) any condition, change, event, occurrence or effect in any of the industries or markets in which such Person
operates; (ii) any enactment of, change in, or change in interpretation of, any Law or GAAP or governmental policy (it being understood
that this <U>clause (ii)</U> shall not apply with respect to a representation or warranty contained in this Agreement to the extent
that the purpose of such representation or warranty is to address compliance with applicable Law or GAAP); (iii) general economic,
regulatory or political conditions (or changes therein) or conditions (or changes therein) in the financial, credit or securities
markets (including changes in interest or currency exchange rates) in any country or region in which such Person conducts business;
(iv) any acts of God, natural disasters, terrorism, armed hostilities, sabotage, war or any escalation or worsening of acts of
terrorism, armed hostilities or war; (v) the announcement, pendency of or performance of the Transactions, including the impact
of any of the foregoing on any relationships, contractual or otherwise, with customers, suppliers, distributors, collaboration
partners, employees or regulators (it being understood that this <U>clause (v)</U> shall not apply with respect to a representation
or warranty contained in this Agreement to the extent that the purpose of such representation or warranty is to address the consequences
arising from the execution and delivery of this Agreement or the consummation of the Transactions or the performance of obligations
under this Agreement); (vi)&nbsp;any action taken by such Person that is expressly required by the terms of this Agreement (it
being understood that this <U>clause (vi)</U> shall not apply with respect to a representation or warranty contained in this Agreement
to the extent that the purpose of such representation or warranty is to address the consequences arising from the execution and
delivery of this Agreement or the consummation of the Transactions or the performance of obligations under this Agreement); (vii)
any failure, in and of itself, by such Person to meet any internal or third party estimates, projections or forecasts of revenue,
earnings or other financial performance for any period (or for which revenues, earnings or other financial results are released);
or (viii) any change in the trading price or trading volume of the Parent Common Stock, <I>provided</I> that the underlying causes
of such change may be taken into account; to the extent, in each of <U>clauses (i)</U> through <U>(iv)</U>, that such condition,
change, event, occurrence or effect does not affect such Person in a disproportionate manner relative to other participants in
the business and industries in which such Person operates; or (b) to prevent or materially impede, interfere with, hinder or delay
the consummation by the Person of the Transactions.</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">&ldquo;<B>Merger</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;2.01</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">&ldquo;<B>Merger Consideration</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;2.08(c)</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">&ldquo;<B>Merger Sub</B>&rdquo;
has the meaning set forth in the preamble.</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">&ldquo;<B>NASDAQ</B>&rdquo;
means the NASDAQ Stock Market LLC.</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>New Preferred
Stock</B>&rdquo; means shares of preferred stock of Parent in accordance with the New Preferred Stock Term Sheet.</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">&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>New Preferred
Stock Consideration</B>&rdquo; means a number of shares of New Preferred Stock with an aggregate value equal to $3,000,000.</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">&ldquo;<B>New Preferred
Stock Financing</B>&rdquo; means the purchase and sale of shares of New Preferred Stock on the terms set forth on the New Preferred
Stock Term Sheet.</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">&ldquo;<B>New Preferred
Stock Term Sheet</B>&rdquo; means the term sheet setting forth the terms of the New Preferred Stock Financing in the form attached
hereto as <U>Exhibit B</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">&ldquo;<B>OFAC Sanctioned
Person</B>&rdquo; means any government, country, corporation or other entity, group or individual with whom or which the OFAC Sanctions
prohibit a U.S. Person from engaging in transactions, and includes without limitation any individual or corporation or other entity
that appears on the current OFAC list of Specially Designated Nationals and Blocked Persons.</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">&ldquo;<B>OFAC Sanctions</B>&rdquo;
means any sanctions program administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (&ldquo;<B>OFAC</B>&rdquo;)
under authority delegated to the Secretary of the Treasury by the President of 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">&ldquo;<B>Off-the-Shelf
Software</B>&rdquo; means software that is generally commercially available for no more than a nominal fee and is mass marketed
and licensed pursuant to a standard form click-wrap or shrink-wrap agreement that is not subject to any negotiation and does not
include any handwritten signatures of the parties to such 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">&ldquo;<B>Parent</B>&rdquo;
has the meaning set forth in the preamble.</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">&ldquo;<B>Parent Board</B>&rdquo;
has the meaning set forth in the recitals.</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">&ldquo;<B>Parent Change
of Recommendation</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.06(b)(ii)</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">&ldquo;<B>Parent Common
Stock</B>&rdquo; means each share of common stock of Parent, par value $0.01 per share.</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">&ldquo;<B>Parent Contingent
Workers</B>&rdquo; has the meaning set forth in <U>Section&nbsp;4.20(c)</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">&ldquo;<B>Parent Closing
Indebtedness</B>&rdquo; means all Indebtedness of Parent except for (i) accounts payable to trade creditors and accrued expenses
in the ordinary course of business and (ii) the Parent Stockholder Indebtedness.</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">&ldquo;<B>Parent Director
Designees</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.11(b)(i)</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">&ldquo;<B>Parent Employees</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;4.20(c)</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">&ldquo;<B>Parent Financial
Statements</B>&rdquo; has the meaning set forth in <U>Section&nbsp;4.05(b)</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Parent Intellectual
Property</B>&rdquo; means Intellectual Property owned by or licensed to either Parent or a Parent 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">&ldquo;<B>Parent IP
Agreement</B>&rdquo; has the meaning set forth in <U>Section&nbsp;4.18(f)</U>.</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">&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Parent Leased
Real Property</B>&rdquo; has the meaning set forth in <U>Section&nbsp;4.02(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">&ldquo;<B>Parent Lookback
Date</B>&rdquo; means June 30, 2012.</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">&ldquo;<B>Parent Material
Adverse Effect</B>&rdquo; means a Material Adverse Effect with respect to Parent and/or Merger Sub.</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">&ldquo;<B>Parent Material
Contracts</B>&rdquo; has the meaning set forth in <U>Section&nbsp;4.17(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">&ldquo;<B>Parent Material
Licensed IP</B>&rdquo; means all Parent Intellectual Property that is licensed to Parent, excluding (a) Off-the-Shelf Software
and software that is generally available for license on a mass market commercial basis pursuant to a standard form agreement that
is not subject to negotiation for annual fees that do not exceed $5,000, and (b)&nbsp;other software that is not material to the
conduct of the business of Parent and can be readily replaced with software that provides substantially the same features, functionalities
and overall performance.</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">&ldquo;<B>Parent Notice
Period</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.06(b)(iii)</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">&ldquo;<B>Parent Option</B>&rdquo;
means any option to purchase one or more shares of Parent Common Stock.</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">&ldquo;<B>Parent Permits</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;4.09(b)</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">&ldquo;<B>Parent Plan</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;4.19(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">&ldquo;<B>Parent Products</B>&rdquo;
any and all products or product candidates designed, developed, licensed, manufactured, sold, promoted, labeled or distributed
by, or on behalf of, Parent or any Parent Subsidiary, including, but not limited to, any proposed products which have previously
been or are currently under active pre-clinical or clinical development as of the date 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">&ldquo;<B>Parent Qualified
Bidder</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.06(b)(i)</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">&ldquo;<B>Parent Required
Consents</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.07</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">&ldquo;<B>Parent Securities</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;4.02(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">&ldquo;<B>Parent Stock</B>&rdquo;
means shares of Parent Common Stock and New Preferred Stock.</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">&ldquo;<B>Parent Stock
Plan</B>&rdquo; means the Transgenomic, Inc. 2006 Equity Incentive Plan.</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">&ldquo;<B>Parent Stockholder
Indebtedness</B>&rdquo; means the Indebtedness of Parent owed to the stockholders of Parent, in an aggregate amount not to exceed
$3 million, all of which will be converted into New Preferred Stock in connection with the closing of the Transaction.</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-align: justify; text-indent: 0.5in">&ldquo;<B>Parent SEC
Documents</B>&rdquo; has the meaning set forth in Section&nbsp;4.05(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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"></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">&ldquo;<B>Parent Stockholder
Approval</B>&rdquo; means the adoption of the Parent Stockholder Matters by the affirmative vote (in person or by proxy) of the
holders of a majority of the outstanding shares of Parent Common Stock entitled to vote at the Parent Stockholders Meeting.</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">&ldquo;<B>Parent Stockholder
Matters</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.05(c)</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">&ldquo;<B>Parent Stockholders
Meeting</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.05(c)</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">&ldquo;<B>Parent Subsidiary
Securities</B>&rdquo; has the meaning set forth in <U>Section&nbsp;4.02(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">A &ldquo;<B>Parent
Triggering Event</B>&rdquo; shall be deemed to have occurred if: (i) the Parent Board shall have failed to recommend that Parent&rsquo;s
stockholders vote to approve the issuance of the Parent Common Stock in the Merger; (ii) Parent shall have failed to include in
the Proxy Statement a recommendation by the Parent Board to vote in favor of the Parent Stockholder Matters; (iii)&nbsp;a Parent
Change of Recommendation shall have occurred; or (iv) Parent shall have entered into any letter of intent or similar document or
any Contract relating to any Acquisition Proposal.</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">&ldquo;<B>Patents</B>&rdquo;
means all issued patents and pending patent applications in any country, including all provisionals, divisionals, continuations,
renewals, continuations-in-part, patents of addition, re-examination, supplementary protection certificates, extensions, registrations
or confirmation patents, restoration of patent terms, letters of patent, and reissues thereof.</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">&ldquo;<B>Permitted
Encumbrances&rdquo;</B> means (a) any Encumbrance that arises out of Taxes, assessments or other charges by any Governmental Entity
not yet due and payable or the amount or validity of which is being contested in good faith and by appropriate proceedings, with
appropriate reserves therefor established in the books and records of any Person in accordance with GAAP, (b)&nbsp;mechanics&rsquo;,
materialmen&rsquo;s, carriers&rsquo;, workmen&rsquo;s, warehouseman&rsquo;s, repairmen&rsquo;s, landlords&rsquo; and similar Encumbrances
granted or which arise in the ordinary course of business consistent with past practice and that do not interfere in any material
respect with the use of properties or assets encumbered thereby, (c) Encumbrances arising under or in connection with zoning, building
codes and other land use Laws regulating the use or occupancy of such real property or the activities conducted thereon which are
imposed by any Governmental Entity having jurisdiction over such real property, and (d) easements, rights-of-way, encroachments,
restrictions, covenants, conditions and other similar Encumbrances that (i) are disclosed in the public records, (ii) would be
set forth in a title policy, title report or survey with respect to the applicable real property or (iii) individually or in the
aggregate, (A) are not substantial in character, amount or extent in relation to the applicable real property and (B) do not materially
and adversely impact such Person&rsquo;s current or contemplated use, utility or value of the applicable real property or otherwise
materially and adversely impair such Person&rsquo;s present or contemplated business operations at such location.</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">&ldquo;<B>Person</B>&rdquo;
means any individual, partnership, firm, corporation, limited liability company, association, trust, estate, Governmental Entity,
unincorporated organization or other entity, as well as any syndicate or group that would be deemed to be a person under Section&nbsp;13(d)(3)
of the Securities Exchange Act of 1934, as amended.</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">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Preferred
Unit</B>&rdquo; means an outstanding preferred unit of the Company immediately prior to the Effective Time.</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">&ldquo;<B>Qualified
Plan</B>&rdquo; has the meaning set forth in <U>Section&nbsp;3.17(b)</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">&ldquo;<B>Registrable
Securities</B>&rdquo; means the Merger Shares and the shares of Parent Common Stock issued or issuable upon the conversion of the
shares of New Preferred Stock, <I>provided </I>that Registrable Securities will cease to be Registrable Securities as soon as (i)
a registration statement covering such Registrable Securities has been declared effective under the Securities Act by the SEC and
such Registrable Securities have been disposed of pursuant to such effective registration statement or (ii) the entire amount of
Registrable Securities proposed to be sold by a holder of such Registrable Securities, in the opinion of counsel satisfactory to
Parent and such holder, each in their reasonable judgment, may be distributed to the public without limitation as to volume or
manner of sale under Rule 144 under the Securities 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">&ldquo;<B>Registration
Statement</B>&rdquo; has the meaning set forth in <U>Section&nbsp;5.16(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">&ldquo;<B>Release</B>&rdquo;
means disposing, discharging, injecting, spilling, leaking, leaching, dumping, emitting, escaping, emptying, seeping, placing and
the like into or upon any land or water or air or otherwise entering into the Environment.</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">&ldquo;<B>Representatives</B>&rdquo;
means, with respect to any Person, the advisors, attorneys, accountants, consultants, agents or other representatives (acting in
such capacity) retained by such Person or any of its controlled Affiliates, together with directors, officers and employees of
such Person 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">&ldquo;<B>Response
Date</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.09(b)(ii)</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">&ldquo;<B>Restricted
Nations</B>&rdquo; means the Balkans, Belarus, Burma (Myanmar), Cote d&rsquo;Ivoire (Ivory Coast), Cuba, Democratic Republic of
the Congo, Iran, Iraq, Lebanon, Liberia, Libya, North Korea, Somalia, Sudan, Syria, Ukraine/Russia, Venezuela, Yemen or Zimbabwe.</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">&ldquo;<B><U>SEC</U></B>&rdquo;
means the U.S. Securities and Exchange Commission.</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">&ldquo;<B>Securities
Act</B>&rdquo; means the Securities Act of 1933, 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">&ldquo;<B>Sellers</B>&rdquo;
means all of the holders of the Company 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">&ldquo;<B>Subsidiary</B>&rdquo;
when used with respect to any party, means any Person of which such party (or one or more Subsidiaries of such party) owns, directly
or indirectly, securities or other ownership interests representing (a) more than 50% of the equity or (b) sufficient voting power
to elect a majority of the board of directors or other Persons performing similar functions.</P>

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


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white">&ldquo;<B>Superior
Proposal</B>&rdquo; means an unsolicited <I>bona fide</I> Acquisition Proposal (with all references to &ldquo;fifteen percent 15%&rdquo;
in the definition of Acquisition Proposal being treated as references to &ldquo;seventy-five percent 75%&rdquo; for these purposes)
made by a third party that the Parent Board or Company Board, as applicable, determines in good faith, after consultation with
its outside legal counsel and financial advisor, and after taking into account all financial, legal, regulatory, and other aspects
of such Acquisition Proposal (including the financing terms and the ability of such third party to finance such Acquisition Proposal),
(1) is more favorable from a financial point of view to its stockholders or members, as applicable, than as provided hereunder
(including any changes to the terms of this Agreement proposed by the other party in response to such Superior Proposal pursuant
to and in accordance with <U>Section&nbsp;5.06(a)(iii)</U> or <U>Section&nbsp;5.06(b)(iii)</U>, as applicable, or otherwise), and
(2) is reasonably capable of being completed on the terms proposed without unreasonable delay.</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">&ldquo;<B>Surviving
Entity</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.01</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">&ldquo;<B>Taxes</B>&rdquo;
means any and all taxes or other charges in the nature of a tax including 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; and customs&rsquo; duties,
tariffs, and similar charges (together with any and all interest, penalties, additions to tax and additional amounts imposed with
respect thereto) imposed by any Governmental 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">&ldquo;<B>Tax Return</B>&rdquo;
means any return, declaration, report, election, claim for refund or information return or other statement or form relating to
Taxes filed or required to be filed with any Taxing Authority, including any schedule or attachment thereto or any amendment thereof.</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">&ldquo;<B>Taxing Authority</B>&rdquo;
means any domestic, foreign, federal, national, provincial, state, county or municipal or other local government or court, any
subdivision, agency, commission or authority thereof, or any quasi-governmental body exercising regulatory authority over or with
respect to any Taxes.</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">&ldquo;<B>Termination
Date</B>&rdquo; has the meaning set forth in <U>Section&nbsp;7.01(b)</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">&ldquo;<B>Transactions</B>&rdquo;
refers collectively to this Agreement and the transactions contemplated hereby, including the Merger.</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">&ldquo;<B>Treasury
Regulations</B>&rdquo; means the regulations promulgated under the Code by the United States Department of the Treasury.</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">&ldquo;<B>WARN Act</B>&rdquo;
has the meaning set forth in <U>Section&nbsp;3.18(b)</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">&ldquo;<B>Working Capital
Calculation</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.09(b)(i)</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">&ldquo;<B>Working Capital
Schedule</B>&rdquo; has the meaning set forth in <U>Section&nbsp;2.09(b)(i)</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT>&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&nbsp;II<BR>
<BR>
THE MERGER</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">Section&nbsp;2.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Merger</U>.
Upon the terms and subject to the conditions set forth in this Agreement, and in accordance with the DGCL and DLLCA, Merger Sub
shall be merged with and into the Company (the &ldquo;<B>Merger</B>&rdquo;) at the Effective Time. Following the Effective Time,
the separate existence of Merger Sub shall cease and the Company shall continue as the surviving entity of the Merger (the &ldquo;<B>Surviving
Entity</B>&rdquo;) and shall succeed to and assume all the rights and obligations of Merger Sub in accordance with the DGCL and
DLLCA.</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">Section&nbsp;2.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
of the Merger</U>. The closing of the Merger (the &ldquo;<B>Closing</B>&rdquo;) shall take place remotely via the exchange of final
documents and signature pages thereto, at 10:00 a.m., ET, as promptly as practicable (but in no event later than the date that
is the second Business Day after the satisfaction or waiver (to the extent permitted by applicable Law) of the conditions set forth
in <U>Article&nbsp;VII</U> (other than those conditions that by their nature are to be satisfied by action taken at the Closing,
but subject to the satisfaction or waiver of such conditions)), or at such other place, date and time as the Company and Parent
may agree in writing (such date, the &ldquo;<B>Closing Date</B>&rdquo;).</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">Section&nbsp;2.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effective
Time</U>. On the Closing Date, the Company and Merger Sub shall file a certificate of merger (the &ldquo;<B>Certificate of Merger</B>&rdquo;)
executed in accordance with, and containing such information as is required by, the relevant provisions of the DGCL and DLLCA with
the Secretary of State of the State of Delaware. The Merger shall become effective at the time that the Certificate of Merger is
duly filed with the Secretary of State of the State of Delaware or at such later date and time as is agreed by the parties hereto
and specified in the Certificate of Merger in accordance with the relevant provisions of the DGCL and DLLCA (such date and time
the Merger becomes effective being referred to herein as the &ldquo;<B>Effective Time</B>&rdquo;).</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">Section&nbsp;2.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effects
of the Merger</U>. The Merger shall have the effects set forth in this Agreement, the Certificate of Merger and the applicable
provisions of the DGCL and the DLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time,
all of the property, rights, privileges, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity,
and all debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving
Entity, all as provided under the DGCL and DLLCA.</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">Section&nbsp;2.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certificate
of Formation; Limited Liability Company Agreement</U>. At the Effective Time, the Company&rsquo;s Certificate of Formation and
the Company&rsquo;s Limited Liability Company Agreement, as in effect immediately prior to the Effective Time, shall be the certificate
of formation and limited liability company agreement of the Surviving Entity until thereafter amended as provided therein or 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">Section&nbsp;2.06&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Managers</U>.
The managers of the Company immediately prior to the Effective Time shall, at the Effective Time, be the managers of the Surviving
Entity, each to hold office in accordance with the certificate of formation and limited liability company agreement of the Surviving
Entity until such manager&rsquo;s successor is duly elected or appointed and qualified.</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">Section&nbsp;2.07&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Officers</U>.
The officers of the Company immediately prior to the Effective Time shall, at the Effective Time, be the officers of the Surviving
Entity, each to hold office in accordance with the certificate of formation and limited liability company agreement of the Surviving
Entity until such officer&rsquo;s successor is duly elected or appointed and qualified.</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;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;2.08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effect
on Equity Securities</U>. At the Effective Time, by virtue of the Merger and without any further 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-align: 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>Conversion
of Merger Sub Shares</U>. Each share of common stock, par value $0.001 per share, of Merger Sub issued and outstanding immediately
prior to the Effective Time shall be converted into one validly issued, fully paid and nonassessable membership interest of the
Surviving Entity and shall constitute the only outstanding equity securities of the Surviving Entity. From and after the Effective
Time, all certificates representing the common stock of Merger Sub shall be deemed for all purposes to represent the number of
membership interests of the Surviving Entity into which they were converted in accordance with the immediately preceding sentence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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>Conversion
of Preferred Units into Preferred Stock</U>. Subject to <U>Section&nbsp;2.11(e)</U>, each Preferred Unit issued and outstanding
immediately prior to the Effective Time, shall at the Effective Time automatically be converted into the right to receive a number
of shares of New Preferred Stock such that the aggregate amount of New Preferred Stock exchanged for the Preferred Units shall
equal the New Preferred Stock Consideration. The number of shares of New Preferred Stock shall be aggregated for each holder of
Preferred Units, such that the payment for any fractional shares in accordance with <U>Section&nbsp;2.11(e)</U> shall only be made
after aggregating the number of shares of New Preferred Stock to which each holder of Preferred Units is entitled pursuant to this
<U>Section&nbsp;2.08(b)</U>. From and after the Effective Time, the holders of Preferred Units outstanding immediately prior to
the Effective Time shall cease to have any rights with respect to such Preferred Units, except as otherwise provided for herein
or under applicable 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;&nbsp;<U>Conversion
of Company Units</U>. Subject to <U>Section&nbsp;2.11(e)</U>, each Company Unit issued and outstanding immediately prior to the
Effective Time, shall at the Effective Time automatically be converted into the right to receive a number of validly issued, fully
paid and nonassessable Merger Shares equal to such Company Unit multiplied by the Exchange Ratio (the &ldquo;<B>Company Unit Consideration</B>&rdquo;,
together with the New Preferred Stock Consideration, the &ldquo;<B>Merger Consideration</B>&rdquo;). The number of Merger Shares
shall be aggregated for each holder of Company Units, such that the payment for any fractional shares in accordance with <U>Section&nbsp;2.11(e)</U>
shall only be made after aggregating the number of Merger Shares to which each holder of Company Units is entitled pursuant to
this <U>Section&nbsp;2.08(c)</U>. From and after the Effective Time, the holders of Company Units outstanding immediately prior
to the Effective Time shall cease to have any rights with respect to such Company Units, except as otherwise provided for herein
or 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-align: justify; text-indent: 0.5in">Section&nbsp;2.09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Determination
of Exchange Ratio</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;&nbsp;<U>Definitions</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;&ldquo;<B>Company
Percentage</B>&rdquo; means sixty-two percent (62%) (i) <U>plus</U> the Working Capital Adjustment and (ii) <U>minus</U> the Parent
Customer Acquisition Adjustment (if any).</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;&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;&ldquo;<B>Company
Working Capital Deficit</B>&rdquo; means the difference, which may be a positive or negative number, of the Maximum Company WC
Deficit <U>minus</U> the aggregate amount of all Liabilities of the Company as of immediately prior to the Effective Time.</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;
&ldquo;<B>Company Working Capital Adjustment</B>&rdquo; means the quotient obtained by <U>dividing</U> (x) the Company Working
Capital Deficit by (y) the WC Increment.</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;
&ldquo;<B>Determination Date</B>&rdquo; will be the date that is seven (7) Business Days prior to the Parent Stockholder Meeting.</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;&ldquo;<B>Maximum
Company WC Deficit</B>&rdquo; means one million eight hundred thousand dollars ($3,200,000).</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;&ldquo;<B>Maximum
Parent WC Deficit</B>&rdquo; means six million dollars ($6,000,000).</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;&ldquo;<B>Merger
Shares</B>&rdquo; means the total number of shares of Parent Common Stock to be issued in the Merger pursuant to <U>Section&nbsp;2.08(c)</U>,
equal to (A) the quotient obtained by dividing (1) the Outstanding Parent Capital Stock by (2) 1 <I>minus</I> the Company Percentage
<I>less</I> (B) the Outstanding Parent Capital Stock.</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;&ldquo;<B>Outstanding
Parent Capital Stock</B>&rdquo; means the total number of outstanding shares of capital stock of Parent, on a fully diluted basis,
immediately prior to the Effective Time, taking into account the reverse stock split which shall occur prior to the Effective Time,
and assuming the conversion of and/or exercise of all options, warrants or other convertible securities, but excluding the issuance
of the New Preferred Stock, determined as set forth on <U>Schedule I</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">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;<B>Qualified
Customer Agreement</B>&rdquo; means (x) a written agreement entered into by a customer of Parent for the ICE Cold PCR Product,
which contractually provides for annual recurring revenue to Parent of at least $250,000 for each of the next three (3) calendar
years following the date of such agreement or (y) a customer&rsquo;s integration or acceptance of the ICP technology into such
customer&rsquo;s laboratory processes which the parties hereto reasonably agree is likely to provide annual recurring revenue to
Parent of at least $250,000 for the next three (3) calendar years.</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;&ldquo;<B>Parent
Customer Acquisition Adjustment</B>&rdquo; means an amount, which shall be no greater than two percent (2%), equal to one percent
(1%) for each Qualified Customer Agreement closed by Parent prior to the Effective Time.</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;
&ldquo;<B>Parent Working Capital Deficit</B>&rdquo; means the difference, which may be a positive or negative number, of the Maximum
Parent WC Deficit <I>plus</I> (i) $50,000 <I>minus</I> (ii) the aggregate amount of all Liabilities of Parent and the Parent Subsidiaries,
on a consolidated basis, other than the common stock warrant liabilities of Parent, as of immediately prior to 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="margin: 0">&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;&ldquo;<B>Parent
Working Capital Adjustment</B>&rdquo; means the quotient obtained by <U>dividing</U> (x) the Parent Working Capital Deficit by
(y) the WC Increment.</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;&ldquo;<B>WC
Increment</B>&rdquo; means four hundred thousand dollars ($400,000).</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;&ldquo;<B>Working
Capital Adjustment</B>&rdquo; means (x)(1) the Company Working Capital Adjustment <I>minus</I> (2) the Parent Working Capital Adjustment
<I>divided</I> by (y) one hundred (100).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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>Determination
of Working Capital Deficit</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;Within
one (1)&nbsp;Business Day following the Determination Date, (A) Parent will deliver to the Company a schedule (a &ldquo;<B>Working
Capital Schedule</B>&rdquo;) setting forth, in reasonable detail, Parent&rsquo;s calculation of (I) the Parent Working Capital
Deficit (as determined in accordance with the definitions set forth above) and (II) the Parent Customer Acquisition Adjustment
and (B) the Company will deliver to Parent a Working Capital Schedule setting forth, in reasonable detail, the Company&rsquo;s
calculation of the Company Working Capital Deficit (as determined in accordance with the definitions set forth above, the calculations
in <U>clause (A)</U> and <U>(B)</U>, each a &ldquo;<B>Working Capital Calculation</B>&rdquo;), in each case, as of as of such Determination
Date prepared by the Chief Financial Officer of the party delivering such calculation, together with the work papers and back-up
materials used in preparing the applicable Working Capital Schedule.</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;Within
two (2)&nbsp;Business Days after the delivery of a Working Capital Schedule (the &ldquo;<B>Response Date</B>&rdquo;), the receiving
party will have the right to dispute any part of such Working Capital Schedule by delivering a written notice to that effect to
the other party (a &ldquo;<B>Dispute Notice</B>&rdquo;). Any Dispute Notice will identify in reasonable detail the nature of any
proposed revisions to such Working Capital Calculation and will be accompanied by reasonably detailed materials supporting the
basis for such proposed revisions.</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;
If on or prior to the Response Date, (A)&nbsp;a receiving party notifies the other party in writing that it has no objections to
a Working Capital Calculation set forth in the Working Capital Schedule or (ii)&nbsp;a receiving party fails to deliver a Dispute
Notice as set forth above, then the Working Capital Calculation as set forth in such Working Capital Schedule will be deemed to
have been finally determined for purposes of this Agreement and to represent the Parent Working Capital Deficit or Company Working
Capital Deficit, as applicable, at the Determination Date for purposes of this Agreement, except in the case of intentional or
willful misrepresentation.</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;If
a receiving party delivers a Dispute Notice on or prior to the Response Date as provided above, then representatives of the Company
and Parent will promptly meet and attempt in good faith to promptly resolve the disputed item(s)&nbsp;and negotiate an agreed-upon
determination of such Working Capital Deficit within two (2)&nbsp;Business Days after the Response Date, which agreed upon Working
Capital Deficit amount will be deemed to have been finally determined for purposes of this Agreement and to represent the Parent
Working Capital Deficit or Company Working Capital Deficit, as applicable, at the Determination Date for 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>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&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;In
the event no agreement is reached within two (2)&nbsp;Business Days after the Response Date and the disagreements would result
in at least a four hundred thousand dollar ($400,000) adjustment to the Working Capital Adjustment or a party reasonably believes
a Working Capital Deficit is greater than the applicable Maximum Working Capital Deficit, then the Parties agree to postpone the
Parent Stockholder Meeting to a date mutually agreed upon so that such disagreement can be resolved in accordance with the terms
of <U>clause (vi)</U>&nbsp;below.</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;If
the Company and Parent are unable to resolve any disagreement between them concerning a Working Capital Calculation or any component
thereof (the &ldquo;<B>Dispute</B>&rdquo;) within two (2)&nbsp;Business Days, then the Dispute may be referred by the Company or
Parent for determination to the Accounting Firm.&nbsp; Each of the Company and Parent will provide the Accounting Firm and the
other party with a statement of its position as to the amount for each Dispute within five (5)&nbsp;Business Days from the date
of the referral. &nbsp;The Accounting Firm will make a written determination as promptly as practicable, but in any event within
fifteen (15) calendar days after the date on which the Dispute is referred to the Accounting Firm, by determining the actual Working
Capital Deficit and the applicable Exchange Ratio.&nbsp; If at any time the Company and Parent resolve their dispute, then notwithstanding
the preceding provisions of this <U>clause (vi)</U>, the Accounting Firm&rsquo;s involvement promptly will be discontinued and
the Working Capital Calculation will be revised, if necessary, to reflect such resolution and thereupon will be final and binding
for all purposes under this Agreement, except in the case of intentional or willful misrepresentation or manifest error.&nbsp;
The Parties will make readily available to the Accounting Firm all relevant books and records relating to the Working Capital Calculation
and the calculation set forth in the applicable Working Capital Schedule and all other items reasonably requested by the Accounting
Firm in connection with resolving the Dispute.&nbsp; The costs and expenses of the Accounting Firm will be borne 50% by the Company
and 50% by Parent.</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">Section&nbsp;2.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Adjustment
of Merger Consideration</U>.<FONT STYLE="font-size: 10pt">&nbsp;The Merger Consideration shall be appropriately adjusted to reflect
the effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible
into Parent Common Stock), reorganization, recapitalization, reclassification or other like change with respect to Parent Stock
occurring on or after the date hereof and prior to the Effective Time to the extent not otherwise contemplated by this Agreement.</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">Section&nbsp;2.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Exchange
Agent Matters</U>.<FONT STYLE="font-size: 10pt">&nbsp;</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>Exchange
Agent</U>.&nbsp;&nbsp;Prior to the Effective Time, Parent and the Company shall agree upon and appoint a bank or trust company
to act as exchange agent (the &ldquo;<B>Exchange Agent</B>&rdquo;) for the payment of the Merger Consideration.&nbsp;&nbsp;At or
prior to the Effective Time, Parent shall deposit on behalf of Merger Sub, or shall cause Merger Sub to deposit, with the Exchange
Agent, for the benefit of the holders of Company Securities, for exchange in accordance with this <U>Section&nbsp;2.11</U> through
the Exchange Agent, certificates representing the shares of Parent Stock to be issued as Merger Consideration and cash sufficient
to make payments in lieu of fractional shares pursuant to <U>Section&nbsp;2.11(e)</U>. All such Parent Stock and cash deposited
with the Exchange Agent is hereinafter referred to as the &ldquo;<B>Exchange Fund</B>&rdquo;.&nbsp;&nbsp;As promptly as practicable
after the Effective Time, and in any event not later than the third Business Day thereafter, Parent shall cause the Exchange Agent
to mail to each holder of record of Company Securities a letter of transmittal in a form mutually agreed between the Company and
Parent (the &ldquo;<B>Letter of Transmittal</B>&rdquo;).</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">&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>Merger
Consideration Received in Connection with Exchange</U>.&nbsp;&nbsp;Upon the receipt of the Letter of Transmittal, duly, completely
and validly executed in accordance with the instructions thereto, the holder of such Company Securities shall be entitled to receive
in exchange therefor (x) the Merger Consideration into which the Company Securities have been converted pursuant to <U>Section&nbsp;2.08</U>
and (y) any cash in lieu of fractional units that the holder has the right to receive pursuant to <U>Section&nbsp;2.11(e)</U> and
in respect of any dividends or other distributions that the holder has the right to receive pursuant to <U>Section&nbsp;2.11(c)</U>.&nbsp;&nbsp;In
the event of a transfer of ownership of Company Securities that is not registered in the transfer records of the Company, a certificate
representing the proper number of shares of Parent Stock pursuant to <U>Section&nbsp;2.08</U> and cash in lieu of fractional shares
that the holder has the right to receive pursuant to <U>Section&nbsp;2.11(e)</U> and in respect of any dividends or other distributions
that the holder has the right to receive pursuant to <U>Section&nbsp;2.11(c)</U> may be issued to a transferee if proper evidence
of such transfer is presented to the Exchange Agent, accompanied by all documents required to evidence and effect such transfer
and by evidence that any applicable stock transfer Taxes have been paid.&nbsp;&nbsp;Until receipt by the Exchange Agent of the
Letter of Transmittal, each Company Unit shall be deemed at any time after the Effective Time to represent only the right to receive
upon such surrender the Merger Consideration that the holders of such Company Securities were entitled to receive in respect of
such shares pursuant to <U>Section&nbsp;2.08</U> (and cash in lieu of fractional securities pursuant to <U>Section&nbsp;2.11(e)</U>
and in respect of any dividends or other distributions pursuant to <U>Section&nbsp;2.11(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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Treatment
of Unexchanged Company Units</U>.&nbsp;&nbsp;No dividends or other distributions declared or made with respect to Parent Stock
with a record date after the Effective Time shall be paid to the holder of any Company Securities for which a proper Letter of
Transmittal has not been submitted with respect to the shares of Parent Stock, as applicable, issuable upon submission thereof,
and no cash payment in lieu of fractional units shall be paid to any such holder pursuant to <U>Section&nbsp;2.11(e)</U>, until
the submission of such Letter of Transmittal in accordance with this <U>Section&nbsp;2.11</U>.&nbsp;&nbsp;Subject to escheat, Tax
or other applicable Law, following the exchange of any such Company Units, there shall be paid to the holder of the certificate
representing whole shares of Parent Stock issued in exchange therefor, without interest, (i)&nbsp;at the time of such surrender,
the amount of any cash payable in lieu of a fractional share of Parent Stock to which such holder is entitled pursuant to <U>Section&nbsp;2.11(e)</U>
and the amount of dividends or other distributions with a record date after the Effective Time theretofore paid with respect to
such whole shares of Parent Stock and (ii)&nbsp;at the appropriate payment date, the amount of dividends or other distributions
with a record date after the Effective Time but prior to such surrender and a payment date subsequent to such surrender payable
with respect to such whole shares of Parent Stock.</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">&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;<U>No
Further Ownership Rights in Company Securities</U>.&nbsp;&nbsp;The shares of Parent Stock issued and cash paid in accordance with
the terms of this <U>Section&nbsp;2.11</U> upon conversion of any Company Securities (including any cash paid pursuant to <U>Section&nbsp;2.11(e)</U>)
shall be deemed to have been issued and paid in full satisfaction of all rights pertaining to such Company Securities.&nbsp;&nbsp;From
and after the Effective Time, there shall be no further registration of transfers on the transfer books of the Surviving Entity
of Company Securities that were outstanding immediately prior to the Effective 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Fractional Shares</U>.&nbsp;&nbsp;No certificates or scrip representing fractional shares of Parent Stock shall be issued upon
the conversion of Company Securities pursuant to <U>Section&nbsp;2.08</U>, and such fractional share interests shall not entitle
the owner thereof to vote or to any rights of a holder of Parent Stock.&nbsp;&nbsp;Notwithstanding any other provision of this
Agreement, each holder of Company Securities converted pursuant to the Merger who would otherwise have been entitled to receive
a fraction of a share of Parent Stock (after taking into account all Company Securities exchanged by such holder) shall receive,
in lieu thereof, cash (without interest) in an amount equal to such fractional amount multiplied by the average of the volume weighted
average price per share of Parent Stock on NASDAQ (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative
source mutually selected by Parent and the Company) on each of the 10 consecutive trading days ending with the second complete
trading day prior to the date of the Effective Time, weighted by the total volume of trading in Parent Common Stock on each such
trading day.&nbsp;&nbsp;The payment of cash in lieu of fractional share interests pursuant to this <U>Section&nbsp;2.11(e)</U>
is not a separately bargained-for consideration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;<U>Termination
of Exchange Fund</U>.&nbsp;&nbsp;Any portion of the Exchange Fund that remains undistributed to the holders of Company Securities
for 360 days after the Effective Time shall be delivered to the Surviving Entity, upon demand, and any holder of Company Securities
who has not theretofore complied with this <U>Section&nbsp;2.11</U> shall thereafter look only to Parent for payment of its claim
for Merger Consideration, any cash in lieu of fractional shares and any dividends and distributions to which such holder is entitled
pursuant to this <U>Section&nbsp;2.11</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">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Liability</U>.&nbsp;&nbsp;None of the Company, Parent, Merger Sub or the Exchange Agent shall be liable to any Person in respect
of any portion of the Exchange Fund delivered to a public official pursuant to any applicable abandoned property, escheat or similar
Law.&nbsp;&nbsp;Any portion of the Exchange Fund that remains undistributed to the holders of Company Units for two years after
the Effective Time (or immediately prior to such earlier date on which the Exchange Fund would otherwise escheat to, or become
the property of, any Governmental Entity) shall, to the extent permitted by applicable Law, become the property of the Surviving
Entity, 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-align: 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;<U>Investment
of Exchange Fund</U>.&nbsp;&nbsp;The Exchange Agent shall invest any cash in the Exchange Fund as directed by Parent.&nbsp;&nbsp;Any
interest and other income resulting from such investments shall be paid to the Surviving Entity.</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">Section&nbsp;2.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Actions</U>.<FONT STYLE="font-size: 10pt">&nbsp;If, at any time after the Effective Time, the Surviving Entity shall consider
or be advised that any deeds, bills of sale, assignments, assurances or any other actions or things are reasonably necessary or
desirable to vest, perfect or confirm of record or otherwise in the Surviving Entity its right, title or interest in, to or under
any of the rights, properties or assets of Merger Sub or the Company or otherwise to carry out this Agreement, the officers of
the Surviving Entity shall be authorized to execute and deliver, in the name and on behalf of Merger Sub or the Company, all such
deeds, bills of sale, assignments and assurances and to take and do, in the name and on behalf of Merger Sub or the Company, all
such other actions and things as may be reasonably necessary or desirable to vest, perfect or confirm any and all right, title
and interest in, to and under such rights, properties or assets in the Surviving Entity or otherwise to carry out this Agreement.</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">Section&nbsp;2.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Income
Tax Treatment</U>.<FONT STYLE="font-size: 10pt">&nbsp;It is intended by the parties to this Agreement that the Merger constitute
a &ldquo;reorganization&rdquo; within the meaning of Section 368(a) of the Code (the &ldquo;<B>Intended Tax Treatment</B>&rdquo;).
Each of the parties hereto adopts this Agreement as a &ldquo;plan of reorganization&rdquo; within the meaning of Treasury Regulations
Sections 1.368-2(g) and 1.368-3(a). Unless the parties agree that the Merger does not qualify for the Intended Tax Treatment,
all of the parties hereto agree to (i) file all Tax Returns on the basis of treating the Merger as a &ldquo;reorganization&rdquo;
within the meaning of Section 368(a) of the Code, (ii) otherwise report the Merger for federal, state and local income Tax purposes
in a manner consistent with such characterization and (iii) not take a reporting position that is inconsistent with such characterization.
If the parties agree that the Merger does not qualify for the Intended Tax Treatment, but that the Merger, taken together with
any contemporaneous contributions of cash and debt to Parent constitutes a tax-deferred transaction under Section 351 of the Code,
then all of the parties hereto agree to (i) file all Tax Returns on the basis of treating the Merger as a Section 351 tax-deferred
contribution, (ii) otherwise report the Merger for federal, state and local income Tax purposes in a manner consistent with such
characterization and (iii) not take a reporting position that is inconsistent with such characterization.</FONT></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&nbsp;III<BR>
<BR>
REPRESENTATIONS AND WARRANTIES OF THE COMPANY</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: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Except as set forth in
the Company Disclosure Schedule, (it being understood and agreed that information disclosed in any section of the Company Disclosure
Schedule shall be deemed to be disclosed with respect to any representation or warrant in any other section of the Company Disclosure
Schedule only to the extent that (a) cross references to other sections are set forth in the Company Disclosure Schedule or (b)
its relevance to such representation and warranty in such other section is reasonably and readily apparent solely from the text
of such disclosure made without review of any referenced material), the Company hereby represents and warrants to Parent and Merger
Sub that the statements contained in this <U>Article&nbsp;III</U> are true, correct and complete as of the date of this Agreement,
as follows:</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">Section&nbsp;3.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization,
Authority and Qualification</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;&nbsp;The
Company is a limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware
and has all requisite limited liability company power and authority necessary to own or lease and operate all of its properties
and assets and to carry on its business as it is being conducted. The Company is duly qualified or licensed to do business and
is in good standing in each jurisdiction in which the nature of the business conducted by it or the character or location of the
properties and assets owned, leased or operated by it makes such qualification necessary, except where the failure to be so qualified,
licensed or in good standing does not currently have, and 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-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">&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
Company Board, by resolutions duly adopted by unanimous vote at a meeting of all members of the Company Board duly called and held
has (i) determined that this Agreement and the Transactions, including the Merger, are in the best interests of, the holders of
the Company Units, (ii) approved and declared advisable the Transactions, including the Merger, in accordance with the DLLCA, (iii)
directed that this Agreement and the Transactions, including the Merger, be submitted to the members of the Company for adoption,
and (iv) resolved to recommend that the holders of the Company Units adopt this Agreement and the Transactions, including the Merger,
and directed that such matter be submitted for consideration of the holders of the Company Units either by written consent or at
a meeting of the members of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
only votes of the holders of any class or series of membership interests of the Company necessary to adopt this Agreement is the
Company Member Approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Company does not have, nor has it had since the Company Lookback Date, any 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">Section&nbsp;3.02&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-align: 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
capitalization of the Company as of the date of this Agreement and, after giving effect to the Company Unit Recapitalization, as
of immediately prior to the Effective Time is set forth on <U>Section&nbsp;3.02(a)(i)</U> of the Company Disclosure Schedule. Except
as disclosed on <U>Section&nbsp;3.02(a)(ii)</U> of the Company Disclosure Schedule, there are no authorized or outstanding (a)
Company Units, equity interests or other securities of the Company, (b) securities of the Company convertible into, exchangeable
or exercisable for Company Units, equity interests, or other securities of the Company, (c) subscription, calls, commitments, Contracts,
options, warrants, or other rights to purchase or acquire from the Company, or obligations of the Company to issue, any Company
Units, equity interests, or other securities, including securities convertible into, exchangeable or exercisable for shares of
capital stock, equity interests, or other securities of the Company, or (d) bonds, debentures, notes, or other indebtedness held
by members of the Company as of immediately prior to the Effective Time (the items in <U>clauses (a)</U>, <U>(b)</U>, <U>(c)</U>
and <U>(d)</U> being referred to collectively as the &ldquo;<B>Company Securities</B>&rdquo;). There are no outstanding obligations
of the Company to repurchase, redeem, or otherwise acquire the Company Securities. The Company Units are duly authorized and validly
issued. The Company Units are uncertificated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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>Section&nbsp;3.02(b)</U>
of the Company Disclosure Schedule sets forth an accurate and complete list of the holders of all Company Securities and the type
and number of Company Securities owned by each such holder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
Company does not own, directly or indirectly, any capital stock or other voting securities of, or ownership interests in, any Person.</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;3.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Books
and Records</U>.<FONT STYLE="font-size: 10pt">&nbsp;The minute books of the Company contain, in all material respects, accurate
records of all meetings and accurately reflect, in all material respects, all other actions taken by the members, the board of
managers and all committees of the Company Board.</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">Section&nbsp;3.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authority
and Noncontravention</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;&nbsp;The
Company has all necessary limited liability company power and authority to execute and deliver this Agreement and, subject to obtaining
the Company Member Approval, to perform its obligations hereunder and the Transactions. The execution and delivery of and performance
by the Company under this Agreement and the Transactions have been duly authorized and approved by the Company Board, and except
for obtaining the Company Member Approval, no other limited liability company action on the part of the Company is necessary to
authorize the execution and delivery of and performance by the Company under this Agreement and the consummation by it of the Transactions.
This Agreement has been duly executed and delivered by the Company and, assuming due authorization, execution and delivery hereof
by the other parties hereto, constitutes a legal, valid and binding obligation of the Company, enforceable against the Company
in accordance with its terms, except that such enforceability (i) may be limited by bankruptcy, insolvency, fraudulent transfer,
reorganization, moratorium and other similar laws of general application affecting or relating to the enforcement of creditors&rsquo;
rights generally and (ii) is subject to general principles of equity, whether considered in a proceeding at law or in equity (the
&ldquo;<B>Bankruptcy and Equity Exception</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Neither
the execution and delivery of this Agreement by the Company, nor the consummation by the Company of the Transactions, nor compliance
by the Company with any of the terms or provisions hereof, will (i) assuming the Company Member Approval is obtained, conflict
with or violate any provision of the Governing Documents of the Company, (ii) assuming that each of the consents, authorizations
and approvals referred to in <U>Section&nbsp;3.05</U> and the Company Member Approval are obtained (and any condition precedent
to any such consent, authorization or approval has been satisfied) and each of the filings referred to in <U>Section&nbsp;3.05</U>
are made and any applicable waiting periods referred to therein have expired, violate any Law or Judgment applicable to the Company
or (iii) require any consent or other action by any Person under, result in any violation or breach of, result in the loss of a
benefit under, conflict with any provision of, or constitute a default (with or without notice or lapse of time, or both) under,
or give rise to any right of termination, amendment, acceleration or cancellation of, any of the terms, conditions or provisions
of any Company Permit or any Contract to which the Company is a party, or result in the creation of an Encumbrance, other than
any Permitted Encumbrance, upon any of the properties or assets of the Company.</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">Section&nbsp;3.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governmental
Consents and Approvals</U>.<FONT STYLE="font-size: 10pt">&nbsp;Except for (a) the filing of the Certificate of Merger with the
Secretary of State of the State of Delaware pursuant to the DGCL and DLLCA and (b) the notices, consents and approvals set forth
on <U>Section&nbsp;3.05</U> of the Company Disclosure Schedules, no consents or approvals of, or filings, declarations or registrations
with, any Governmental Entity are necessary for the execution and delivery of this Agreement by the Company and the consummation
by the Company of the Transactions, other than as do not currently have, and would not reasonably be expected to have, individually
or in the aggregate, a Company Material Adverse Effect</FONT></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;3.06&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Information; Books and Records</U>.<FONT STYLE="font-size: 10pt">&nbsp;The
Company has provided Parent with true, correct and complete copies of (a) the audited balance sheet of the Company for the fiscal
year ended December 31, 2015, and the related income statement for the period then ended (the &ldquo;<B>2015 Financial Statements</B>&rdquo;),
(b) the audited balance sheet of the Company for the fiscal year ended December 31, 2014, and the related income statement for
the period then ended (the &ldquo;<B>2014 Financial Statements</B>&rdquo;), (c) the audited balance sheet of the Company for the
fiscal year ended December 31, 2013, and the related income statement for the period then ended (the &ldquo;<B>2013 Financial
Statements</B>&rdquo;) and (d) the unaudited balance sheet of the Company as of June 30, 2016 (the &ldquo;<B>Balance Sheet Date</B>&rdquo;),
and the related income statement for the six-month period then ended (the &ldquo;<B>Interim Financial Statements</B>&rdquo;, together
with the 2015 Financial Statements, 2014 Financial Statements and 2013 Financial Statements, the &ldquo;<B>Company Financial Statements</B>&rdquo;).
The Company Financial Statements (i)&nbsp;were prepared in accordance with the books of account and other financial records of
the Company, (ii)&nbsp;present fairly the financial condition, results of operations and cash flows of the Company as of the date
thereof and for the periods covered thereby (subject to the absence of footnotes and normal year-end adjustments), and (iii)&nbsp;have
been prepared in accordance with GAAP. The Company Financial Statements include all adjustments (consisting only of normal recurring
accruals) that are necessary for a fair presentation of the financial condition of the Company and the results of the operations
of the Company as of the date thereof and for the period covered thereby.</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">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company maintains internal controls that are customary and adequate for a private company at the same stage of development as the
Company that provide reasonable assurance that (i) records are maintained in reasonable detail and accurately and fairly reflect
the transactions and dispositions of the Company&rsquo;s assets, (ii) transactions are executed with management&rsquo;s authorization
and (iii) transactions are recorded as necessary to permit preparation of the Company Financial Statements and to maintain accountability
for the Company&rsquo;s assets.</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">Section&nbsp;3.07&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Undisclosed Liabilities</U>.<FONT STYLE="font-size: 10pt">&nbsp;There are no material Liabilities of the Company, other than
Liabilities (a)&nbsp;reflected or reserved against on the Company Financial Statements, or (b)&nbsp;set forth in <U>Section&nbsp;3.07
</U>of the Company Disclosure Schedule. As of the date of this Agreement, the Company does not have any material Indebtedness
for borrowed money.</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">Section&nbsp;3.08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct
in the Ordinary Course; Absence of Certain Changes, Events and Conditions</U>.<FONT STYLE="font-size: 10pt">&nbsp;Since December
31, 2015, the Company has conducted its operations in the ordinary course and consistent with past practice and there has not
been or occurred (a) any condition, change, event, occurrence or effect that has, or would reasonably be expected to have, individually
or in the aggregate, a Company Material Adverse Effect, or (b) any condition, action, event, occurrence or effect that, if taken
during the period from the date of this Agreement through the Effective Time without Parent&rsquo;s consent, would constitute
a breach of <U>Section&nbsp;5.01(a)</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">Section&nbsp;3.09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Legal
Proceedings</U>.<FONT STYLE="font-size: 10pt">&nbsp;As of the date hereof, there is no pending or, to the Knowledge of the Company,
threatened, legal, administrative or arbitral proceeding, claim, suit, arbitration, mediation, demand, or action (a &ldquo;<B>Legal
Proceeding</B>&rdquo;) against or, to the Knowledge of the Company, any investigation, informal inquiry or request for documents
specifically relating to, the Company or any of the assets or operations of the Company or, to the Knowledge of the Company, any
of its present or former managers, officer or employees (in each case, in their capacity as such), nor is there any Judgment imposed
or binding upon the Company, in each case, by or before any Governmental Entity or arbitrator, that has or would reasonably be
expected to have, individually or in the aggregate, a Company Material Adverse Effect or that in any manner seeks to prevent,
enjoin, alter or materially delay the Transactions. There are no material internal investigations or internal inquiries that,
since the Company Lookback Date, have been conducted by or at the direction of the Company Board (or any committee thereof) concerning
any financial, accounting or other misfeasance or malfeasance issues.</FONT></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;3.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws</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;&nbsp;The
Company is, and since the Company Lookback Date has been, in compliance in all material respects with all Laws applicable to the
Company, any of its properties or other assets or any of its businesses or operations (other than Environmental Laws which are
governed exclusively by <U>Section&nbsp;3.11</U> and Health Care Laws which are governed exclusively by <U>Section&nbsp;3.12</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">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company holds, and is in compliance with, in all material respects all licenses, franchises, permits, certificates, approvals,
orders and authorizations from Governmental Entities required by Law for the conduct of its business as it is now being conducted
(collectively, &ldquo;<B>Company Permits</B>&rdquo;). All such Company Permits are in full force and effect and, since the Company
Lookback Date, the Company has not received written notice to the effect that a Governmental Entity was considering the amendment,
termination, revocation or cancellation of any Company Permit, which amendment, termination, revocation or cancellation would reasonably
be expected to have, individually or in the aggregate, a Company Material Adverse Effect. The execution and delivery of this Agreement
and the consummation of the Transactions will not cause the revocation or cancellation of any Company Permit, the revocation or
cancellation of which would have a Company 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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since
the Company Lookback Date, the Company has not (i) received any written notice from any Governmental Entity regarding any material
violation by the Company of any Law or Company Permit, except for notices of violations that have been cured, and notices that
have been withdrawn or are no longer pending or (ii) filed with or otherwise provided to any Governmental Entity any written notice
regarding any material violation by the Company of any Law or Company Permit, except for notices of violations that have been cured,
or notices that have been withdrawn or are no longer pending.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Since
the Company Lookback Date, neither the Company nor, to the Knowledge of the Company, any of its managers, members, officers, agents
or employees have: (i) used any funds for unlawful contributions, gifts or entertainment, or for other unlawful expenses, related
to political activity; (ii) made any unlawful payment to foreign or domestic government officials or employees or to foreign or
domestic political parties or campaigns; (iii) violated any provision of the Foreign Corrupt Practices Act of 1977 or (iv) engaged
in any business or effected any transactions with any Person (A) located in a Restricted Nation; (B) that is owned, controlled
by or acting on behalf of an individual, business or organization in of a Restricted Nation; (C) that is a government of a Restricted
Nation; (D) that is owned, controlled by or acting on behalf of a government of a Restricted Nation; or (E) that is an OFAC Sanctioned
Person. None of (1) the execution, delivery and performance of this Agreement or (2) the consummation of the Transactions, will
result in a violation by the Company of any of the OFAC Sanctions or of any anti-money laundering laws of the United States or
any other applicable jurisdiction.</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;3.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Matters</U>.<FONT STYLE="font-size: 10pt">&nbsp;(a) The Company is, and since the Company Lookback Date, has been in compliance
in all material respects with all applicable Environmental Laws, which compliance includes obtaining, maintaining and complying
with all Company Permits required under Environmental Laws for the operation of its business; (b)&nbsp;there is no enforcement
proceeding or Legal Proceeding relating to or arising from any noncompliance with, or Liability under, Environmental Laws (including,
without limitation, relating to or arising from the Release or threatened Release of, or exposure of any Person to, any Hazardous
Materials) that is pending or, to the Knowledge of the Company, threatened against the Company relating to any real property owned,
operated or leased by the Company; (c) since the Company Date, the Company has not received any written notice of, or entered
into, any Judgment involving uncompleted, outstanding or unresolved Liabilities or corrective or remedial obligations relating
to or arising under Environmental Laws (including, without limitation, relating to or arising from the Release or threatened Release
of, or exposure of any Person to, any Hazardous Materials); (d) there has been no Release of Hazardous Materials with respect
to the business or assets of the Company or any real property currently or formerly owned, operated or leased by the Company;
(e) the Company has never owned or operated active or abandoned aboveground or underground storage tanks; (f) the Company has
not retained or assumed, by contract or operation of Law, any liabilities or obligations of third parties under Environmental
Law; and (g) neither the execution of this Agreement by the Company nor the consummation of the Transactions will require any
investigation, remediation or other action with respect to Hazardous Materials, or any notice to or consent of Governmental Entities,
pursuant to any applicable Environmental Law. This <U>Section&nbsp;3.11</U><B> </B>constitutes the sole and exclusive representation
and warranty of the Company regarding environmental, health and safety matters, including, without limitation, all matters arising
under Environmental Laws.</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">Section&nbsp;3.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Regulatory
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;&nbsp;The
Company has not, nor to the Knowledge of the Company has, any current officer, employee or agent of the Company, made an untrue
statement of a material fact or fraudulent statement to any Governmental Entity, or failed to disclose a material fact required
to be disclosed to any Governmental Entity. The Company is not the subject of any pending or, to the Knowledge of the Company,
threatened investigation in respect of the business of the Company or any Company employee, officer or agent by any Governmental
Entity. The Company is, and to the Knowledge of the Company, all officers, directors, employees and agents of the Company are,
and since the Company Lookback Date have been, in compliance with all Health Care Laws. The Company is not the subject of any pending
or, to the Knowledge of the Company threatened, investigation in respect of the business of the Company or any Company employee,
officer or agent by any Governmental Entity for any violation of any Health Care Law or any other applicable Law. There is no act,
omission, event or circumstance that would reasonably be expected to give rise to any such action, suit, demand, claim, complaint,
hearing, investigation, notice, demand letter, warning letter, proceeding or request for information or any liability for failure
to comply with any Health Care Laws.</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;&nbsp;Neither
the Company nor any individual currently employed by, or under contract with, the Company to perform functions for the Company
has been excluded from participating in, debarred, suspended, or otherwise made ineligible to participate in, any federal health
care program (as defined in 42 U.S.C. &sect; 1320a-7b(f)) or been subject to sanction pursuant to 42 U.S.C. &sect; 1320a-7a or
1320a-8, been convicted of a crime described at 42 U.S.C. &sect; 1320a-7b, or charged with or under investigation for any offense
that may lead to such exclusion, debarment, suspension, or ineligibility. Neither the Company, nor any of its employees, officers,
directors, or controlling members or owners have committed a violation of any Law, specifically including, but not limited to,
the Health Care Laws. The Company has, and since the Company Lookback Date has had, a qualified medical director.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
Company has not experienced any Breach of Unsecured Protected Health Information (as defined by HIPAA) that would be required to
be externally reported, with respect to Protected Health Information (as defined by HIPAA) within its possession, control, or custody
that would be material to the business of the Company.</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">Section&nbsp;3.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Material
Contracts</U>.<FONT STYLE="font-size: 10pt">&nbsp;(a) <U>Section&nbsp;3.13(a)</U> of the Company Disclosure Schedule contains
a true, correct and complete list of the following Contracts to which the Company is a party or by which it is bound as of the
date hereof (such Contracts being &ldquo;<B>Company Material Contracts</B>&rdquo;):</FONT></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;(A)
each employment agreement and Contracts with independent contractors entered into by the Company and (B) each Contract the terms
of which obligate or may in the future obligate the Company to make any change of control, severance or other similar payment to
any current or former employee or independent contractor;</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;each
Contract (A)&nbsp;containing any &ldquo;most favored nations&rdquo; terms and conditions (including with respect to pricing) or
exclusivity obligations (other than any non-disclosure, confidentiality or other similar agreement), (B) granting any right of
first refusal, right of first offer or similar right or (C) containing any other term, condition or clause that, individually or
in the aggregate, limits or purports to limit in any material respect the ability of the Company to own, operate, manufacture,
sell, distribute, transfer, pledge or otherwise dispose of any material assets or business of the Company (or, after the Effective
Time, Parent or its Affiliates);</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
Contract reasonably expected to require payments to or from the Company in excess of $25,000 per year or in excess of $50,000 during
the term of the Contract;</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
material broker, distributor, dealer, manufacturer&rsquo;s representative, franchise, agency, sales promotion, market research,
marketing, consulting and advertising Contracts;</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;each
Contract relating to Indebtedness of the Company or under which the Company has had advanced or loaned any funds to any other Person;</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 0pt 0.5in; text-align: justify">&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;
each Contract under which the Company leases, subleases or licenses any real 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;each
Contract under which the Company leases personal property (not relating primarily to real property), pursuant to which the Company
is required to make rental payments in excess of $25,000 per year;</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;each
Contract with any Governmental Entity;</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">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Contract for the disposition of any portion of the assets or business of the Company or any agreement for the acquisition, directly
or indirectly, of a portion of the assets or business of any other Person (whether by merger, sale of stock or assets or otherwise);</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;each
Contract that limits or purports to limit the ability of the Company to compete in any line of business or with any Person or in
any geographic area or during any period of time;</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;each
Contract that is related to Company Intellectual Property and with respect to Company Material Licensed IP, each Contract relating
to the license, sublicense, agreement, covenant not to sue or permission covering each item;</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;any
distribution, license, marketing, promotion, manufacturing, supply, or development Contract or other Contract concerning the use,
development, commercialization, or distribution of the Company Intellectual Property or current, proposed, or intended products,
technology or services;</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;each
Contract in which the Company has agreed to purchase a minimum quantity of goods relating to the inventory or services provided
by the Company;</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;each
Contract providing for benefits under any Company Plan;</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">(xv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Contract establishing or governing the material terms of any joint venture, partnership, strategic alliance, collaboration, research
and development project or similar arrangement;</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">(xvi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Contracts that provide for the indemnification by the Company of any Person or the assumption of any Tax (other than commercial
agreements entered into in the ordinary course of business, the principal purpose of which is not related to Taxes), environmental
or other Liability of any Person;</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">(xvii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Contract that contains any &ldquo;single-trigger,&rdquo; &ldquo;double-trigger&rdquo; or other vesting acceleration provisions
subject to acceleration (in whole or in part) as a result of the Merger or any of the other transactions contemplated by this Agreement
(whether alone or in combination with any termination of employment or other event);</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 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in">(xviii)&nbsp;&nbsp;&nbsp;&nbsp;all
other Contracts, whether or not made in the ordinary course of business, which are material to the Company, or the absence of which
would have a Company 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">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
Each Company Material Contract is legally valid and binding on the Company to the extent the Company is a party thereto, as applicable,
and to the Knowledge of the Company, each other party thereto, and is in full force and effect and enforceable in accordance with
its terms (subject to the Bankruptcy and Equity Exception); (ii) the Company, and, to the Knowledge of the Company, any other party
thereto, has performed all material obligations required to be performed by it under each Company Material Contract; (iii) the
Company is not in material default under any Company Material Contract, nor, to the Knowledge of the Company, does any condition
exist that, with notice or lapse of time or both, would constitute a material default under any Company Material Contract of the
Company that is party thereto; (iv) to the Knowledge of the Company, no other party to a Company Material Contract is in material
default thereunder, nor does any condition exist that, with notice or lapse of time or both, would constitute a material default
of such other party under any Company Material Contract; and (v) the Company has not received any written notice of termination
or cancellation under any Company Material Contract or received any written notice of breach or of default in any material respect
under any Company Material Contract, which breach has not been cured. Prior to the date hereof, the Company has made available
to Parent true, correct and complete copies of all Company Material Contracts required to be set forth on <U>Section&nbsp;3.13(a)</U>
of the Company Disclosure Schedule, and will make available to Parent copies of all Company Material Contracts entered into after
the date hereof, in each case including amendments thereto.</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">Section&nbsp;3.14&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-align: 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>Section&nbsp;3.14(a)</U>
of the Company Disclosure Schedule sets forth a true, correct and complete list of all (i) issued and pending Patents, (ii) registered
and applications for registration of trademarks and service marks, (iii) registered domain names, and (iv) registered copyrights,
in each case, included in Company Intellectual Property owned by the Company and (v) any license agreement governing Company Material
Licensed IP. Such list shall contain, as applicable, (A) the name of all actual and recorded owners, (B) the jurisdiction in which
the application or registration was made, (C) the application and registration numbers, (D) whether such Company Intellectual Property
is owned by the Company, exclusively licensed to the Company or non-exclusively licensed to the Company, and (E) the filing and
registration, issue and application dates. The list pertaining to the license agreements governing Company Material Licensed IP
shall contain (x) the name and date of the license agreement pursuant to which such Company Material Licensed IP is licensed and
(y) whether or not such license agreement grants an exclusive license to the Company. The Company owns, or has the right to use
the Company Intellectual Property, in the conduct of the business of the Company as currently conducted. The Company Intellectual
Property owned by the Company is owned solely and exclusively by the Company, free and clear of any Encumbrances other than Permitted
Encumbrances. The Company Intellectual Property owned by the Company and, to the Knowledge of the Company, the Company Material
Licensed IP, is valid, enforceable, subsisting and in full force and effect. None of the Company Intellectual Property owned by
the Company, and to the Knowledge of the Company, none of the Company Material Licensed IP, is or has been subject to any pending,
concluded, or, to the Knowledge of the Company, threatened, Legal Proceeding or other proceeding (including any interference, derivation,
re-examination, opposition, cancellation reissue or other post-grant proceeding, but excluding customary office actions issued
by an application examiner with the United States Patent and Trademark Office or its foreign equivalent in the ordinary course
of business in connection with the prosecution of a pending application for a patent or a trademark registration) which challenges
the validity, enforceability, use, right to use, scope, duration, effectiveness or ownership of any item of such Company Intellectual
Property.</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">&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
Company owns or possesses the right to use all Intellectual Property necessary to conduct its business as currently conducted by
the Company, and the Company has not received any written, or to the Knowledge of the Company, any non-written, notice from any
Person asserting any claim to the contrary. Each item of Company Intellectual Property owned by the Company immediately subsequent
to the Effective Time will be owned and available for use by the Surviving Entity on the same terms and conditions as are in effect
immediately prior to the Effective Time. Subject to obtaining any consent set forth on <U>Section&nbsp;3.14(b)</U> of the Company
Disclosure Schedule, each item of Company Material Licensed IP will be licensed to and available for use by the Surviving Entity
on the same terms and conditions as are in effect immediately prior to the Effective 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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the Knowledge of the Company, the conduct of the business of the Company, including the development, use, manufacture, marketing,
sale and offer for sale of the products and services of the Company, has not infringed, misappropriated or otherwise violated,
and does not and will not infringe, misappropriate or otherwise violate any Intellectual Property of any Person. The Company has
not received any written, or to the Knowledge of the Company, any non-written, notice since the Company Lookback Date of any claims
that have been made against the Company alleging the infringement, misappropriation or violation by the Company of any Intellectual
Property of any Person. To the Company&rsquo;s Knowledge, since the Company Lookback Date, no Person has infringed, misappropriated
or otherwise violated any Company Intellectual Property owned by the Company or any Company Material Licensed IP, and there is
no and has not been any Legal Proceeding pursuant to which the Company or, to the Knowledge of the Company, its licensor has alleged
any such infringement, misappropriation or violation by any 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in any Contract set forth in <U>Section&nbsp;3.14(d)(i)</U> of the Company Disclosure Schedule, no funding, facilities
or other resources of any Governmental Entity, university, college, other educational institution or nonprofit research center
was used in the development of any Company Intellectual Property owned by the Company, or to the Knowledge of the Company, in any
Company Material Licensed IP; nor, does any such entity own or have rights to (or have the option to obtain such ownership or rights
to) any Company Intellectual Property owned by the Company, or to the Knowledge of the Company, to any Company Material Licensed
IP, other than in each case, pursuant to the provisions of any Contract set forth in or <U>Section&nbsp;3.14(d)(ii)</U> of the
Company Disclosure Schedule.</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">&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;The
Company has used commercially reasonable efforts to protect and maintain its rights in all material Company Intellectual Property.
Since the Company Lookback Date,<B> </B>the Company&rsquo;s collection, storage, use and dissemination of personally identifiable
information and any other data that could reasonably be used to identify any consumer, patient, employee or other person or any
of their respective devices has, at all times complied in all material respects with all applicable Law, privacy policies and terms
of use and other contractual obligations relating to privacy, data protection or data security. Since the Company Lookback Date,
no breach, security incident, or violation of any data security policy in relation to personally identifiable information or other
data that could reasonably be used to identify any consumer, patient, employee or other person or any of their respective devices
has occurred, or is or was threatened, and there has been no unauthorized or illegal processing of such data, other than breaches
of internal protocol in the ordinary course of business. The Company maintains commercially reasonable security procedures to protect
against loss, misuse, unauthorized access, disclosure, and destruction of personally identifiable information and other data pertaining
to consumers, patients, employees or other persons. Since the Company Lookback Date,<B> </B>the Company has not received written,
or to the Knowledge of the Company, any non-written, notice of any claims (including any investigation or notice from any Governmental
Entity) that have been asserted or threatened against the Company alleging, any violation of any Person&rsquo;s privacy or personally
identifiable information or data rights or non-compliance with applicable Laws, privacy policies or terms of use or other contractual
obligations relating to privacy, data protection or data security.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Company has (i) caused all current and former employees and all other Persons involved in the conception, reduction to practice,
creation or development of any Intellectual Property for the Company to execute a binding and enforceable agreement which includes
provisions sufficient to ensure that the Company is the sole and exclusive owner of any and all Intellectual Property conceived,
reduced to practice, created or developed by such employees within the scope of or resulting from his or her employment with the
Company or, in the case of a Person other than an employee, from the services such Person performs for the Company; and (ii) caused
all current employees and other Persons with access to any non-public Company Intellectual Property to execute a binding and enforceable
confidentiality agreement or other agreement that includes customary confidentiality terms sufficient to protect the proprietary
interests of the Company with respect to such Company Intellectual Property. Copies of the forms of agreements referred to in the
foregoing <U>clauses (i)</U> and <U>(ii)</U> (collectively, &ldquo;<B>Company IP Agreements</B>&rdquo;) have been made available
to Parent prior to the date hereof, and to the Knowledge of the Company, no material breach of any such agreement by the other
party thereto has occurred or been threatened.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Except
with respect to Contracts set forth on <U>Section&nbsp;3.14(g)</U> of the Company Disclosure Schedule and identified as such, the
Company is not obligated to make any material payments by way of royalties, fees or otherwise to any owner or licensor of, or other
claimant to, any Intellectual 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">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
are no actions that must be taken within 180 days of the date of this Agreement, including the payment of any registration, maintenance
or renewal fees or the filing of any response to an official action of a court or Governmental Entity (including the United States
Patent and Trademark Office or similar foreign government agencies) or the filing of any application for the purpose of obtaining,
maintaining, perfecting, preserving or renewing any of the owned Company Intellectual Property.</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">&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;Except
as set forth on <U>Section&nbsp;3.14(i)</U> of the Company Disclosure Schedule, Company has not (i) entered into any Contract under
which it has, or may have, the obligation to transfer any ownership of, or granted any exclusive license to use or distribute (or
entered into any agreement under which it has, or may have, the obligation to grant any exclusive license to use or distribute),
or authorized the retention of any exclusive rights to use or joint ownership of, any of the Company Intellectual Property, to
any other Person, (ii) entered into any Contract under which it has, with respect to any of the Company Intellectual Property,
granted any license, sublicense, covenant not to sue, assert or exploit or (iii) entered into any Contract under which the Company
has granted any Person the right to bring a lawsuit for infringement or misappropriation of any of the Company Intellectual 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">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the execution and delivery of this Agreement, the consummation of the Transactions, or the performance by the Company of its
obligations hereunder, conflict or will conflict with, alter or impair, any of the Company&rsquo;s rights in or to any Company
Intellectual Property or the validity, enforceability, use, right to use, ownership, priority, duration, scope or effectiveness
of any such Company Intellectual Property or otherwise trigger any additional payment obligations with respect to any Company Intellectual
Property.</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">Section&nbsp;3.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Real
Property</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;&nbsp;The
Company does not own any real property, has never owned any real property and is not party to any Contract to purchase any real
property. <U>Section&nbsp;3.15(a)</U> of the Company Disclosure Schedule sets forth a complete and accurate list of all real property
currently leased, subleased or licensed by or from the Company or otherwise used or occupied by the Company (the &ldquo;<B>Leased
Real Property</B>&rdquo;), including the name of the lessor, licensor, sublessor, master lessor and/or lessee, the date and term
of the lease, license, sublease or other occupancy right and each amendment 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;&nbsp;The
Company has made available to Parent true, correct and complete copies of all leases, lease guaranties, subleases, agreements for
the leasing, use or occupancy of, or otherwise granting a right in or relating to the Leased Real Property, including all amendments,
terminations and modifications thereof (&ldquo;<B>Lease Agreements</B>&rdquo;); and there are no other Lease Agreements affecting
the Leased Real Property or to which the Company is bound, other than those identified in <U>Section&nbsp;3.15(a)</U> of the Company
Disclosure Schedule. All such Lease Agreements are legally valid and enforceable in accordance with their respective terms, and
there is not, under any of such Lease Agreements, any existing material default, or event of default (or event which with notice
or lapse of time, or both, would constitute a material default), and no rentals are past due. The Company has not received any
written notice of a default, alleged failure to perform, or any offset or counterclaim with respect to any such Lease Agreement,
which has not been fully remedied and withdrawn. The Company currently occupies all of the Leased Real Property for the operation
of its business.</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">Section&nbsp;3.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assets</U>.<FONT STYLE="font-size: 10pt">&nbsp;The
Company has good and valid title to, or leasehold interest in, all assets material to its business, free and clear of Encumbrances,
except for Permitted Encumbrances. All equipment included in such properties which is necessary or desirable to the business of
the Company is in good condition and repair (ordinary wear and tear excepted). The property and assets of the Company are sufficient
for the conduct of its business as presently conducted.</FONT></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">Section&nbsp;3.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Company
Plans</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;&nbsp;<U>Section&nbsp;3.17(a)</U>
of the Company Disclosure Schedule sets forth each &ldquo;employee benefit plan&rdquo; as such term is defined in Section 3(3)
of ERISA (such as pension and 401(k) plans, and medical, life, and disability plans), and any bonus, stock option, stock purchase,
restricted stock, incentive, deferred compensation, retiree medical or life insurance, cafeteria plan, dependent care plan, supplemental
retirement or other benefit plan, program or arrangement or any employment, termination, severance, retention, stay bonus or other
contract, agreement, plan, program or arrangement for the benefit of any current or former employee, officer, director or independent
contractor of the Company (collectively, the &ldquo;<B>Company Plans</B>&rdquo;) that the Company maintains or makes contributions
to or has any responsibility or liability for.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
Company has made available to Parent copies of: (i) the most recent annual report (Form Series 5500 and all schedules and financial
statements attached thereto), if any, required under applicable Laws in connection with each Company Plan; (ii) if the Company
Plan is subject to the minimum funding standards of Section 302 of ERISA, the most recent annual and periodic accounting of Company
Plan assets, if any; (iii) the most recent summary plan description required under ERISA or any similar Law with respect to each
Company Plan; (iv) all material correspondence since January 1, 2015 to or from any Governmental Entity relating to any Company
Plan; and (v) the most recent IRS determination or opinion letter issued with respect to each Company Plan intended to be qualified
under Section 401(a) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Each
Company Plan that is intended to be qualified under Section 401(a) of the Code has received a favorable determination letter (or
opinion letter, if applicable) from the U.S. Internal Revenue Service stating that such Company Plan is so qualified. Each Company
Plan has been maintained in compliance with its terms and has been maintained in material compliance with all applicable 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
execution and delivery of this Agreement, the purchase of Company Shares pursuant to the Offer and the consummation of the Merger
(i) will not materially increase the benefits payable by any Acquired Company under any Company Plan and (ii) will not result in
any acceleration of the time of payment or vesting of any material benefits payable by any Acquired Company under any Company Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Company is in material compliance with all applicable Laws relating to the employment of its 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">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
individual who is classified by the Company as an independent contractor has been properly classified for purposes of participation
and benefit accrual under each Company Plan.</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">&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;There
is no agreement, plan, arrangement or other Contract covering any director or officer or other employee of the Company, and no
payments have been made or will be made to any director or officer or other employee of the Company, that, considered individually
or considered collectively with any other such Contracts or payments, will, or would reasonably be expected to, result in any payment
that will not be deductible by the Company by reason of Section&nbsp;280G of the Code, or give rise directly or indirectly to the
payment of any amount that would not be deductible pursuant to Section&nbsp;162(m)&nbsp;of the Code (or any comparable provision
under U.S. state or local or non-U.S. Tax Laws).&nbsp; The Company is not a party to or has any obligation under any Contract to
compensate any Person for excise Taxes payable pursuant to Section&nbsp;4999 of the Code or any Taxes required by Section&nbsp;409A
of the Code.</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">Section&nbsp;3.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Labor
Matters</U>.<FONT STYLE="font-size: 10pt">&nbsp;</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;As
of the date of this Agreement, the Company is not a party to, nor does the Company have a duty to bargain for, any collective bargaining
agreement with a labor organization or works council representing any of its employees and there are no labor organizations or
works councils representing, purporting to represent or, to the Knowledge of the Company, seeking to represent any employees of
the Company. To the Knowledge of the Company, there has not been any strike, slowdown, work stoppage, lockout, job action, picketing,
labor dispute, union organizing activity, or any threat thereof, or any similar activity or dispute, affecting the Company or any
of its employees. There is not now pending, and, to the Knowledge of the Company, no Person has threatened to commence, any such
strike, slowdown, work stoppage, lockout, job action, picketing, labor dispute or union organizing activity or any similar activity
or dispute. To the Knowledge of the Company, there is no material claim or material grievance pending or threatened relating to
any employment contract, wages and hours, plant closing notification, employment statute or regulation, privacy right, labor dispute,
workers&rsquo; compensation policy or long-term disability policy, safety, retaliation, immigration or discrimination matters involving
any employee of the Company, including charges of unfair labor practices or harassment complaints.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
Company has not taken any action which would constitute a &ldquo;plant closing&rdquo; or &ldquo;mass layoff&rdquo; within the meaning
of the Worker Adjustment and Retraining Notification Act (the &ldquo;<B>WARN Act</B>&rdquo;) or similar state or local law or issued
any notification of a plant closing or mass layoff required by the WARN Act or similar state or local law in the ninety (90) day
period ending on the date of this Agreement, or incurred any liability or obligation under WARN Act or any similar state or local
law that remains unsatisfied.&nbsp; No terminations prior to the Closing by the Company would trigger any notice or other obligations
under the WARN Act or similar state or local 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;&nbsp;<FONT STYLE="background-color: white">The
Company is not delinquent in any payments to any employees of the Company or Contingent Workers of the Company for any wages, salaries,
commissions, bonuses, fees or other direct compensation due with respect to any services performed for it to the date hereof or
amounts required to be reimbursed to any employee or Contingent Worker.</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">Section&nbsp;3.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transactions
with Affiliates</U>.<FONT STYLE="font-size: 10pt">&nbsp;Except as set forth in <U>Section&nbsp;3.19</U> of the Company Disclosure
Schedule, there are no loans, leases, arrangements involving the reimbursement of non-business related expenses, or other Contracts
or transactions between the Company and any present or former member, director, officer, employee or independent contractor of
the Company, or to the Knowledge of the Company, any member of such officer&rsquo;s, director&rsquo;s, employee&rsquo;s, independent
contractor&rsquo;s or member&rsquo;s immediate family, or any Person controlled by such officer, director, employee, independent
contractor or member or his or her immediate family. To the knowledge of the Company,<B> </B>except as set forth in <U>Section&nbsp;3.19
</U>of the Company Disclosure Schedule, no member, director, officer, employee or independent contractor of the Company or any
of their respective spouses or family members, owns directly or indirectly, on an individual or joint basis, any interest in,
or serves as an officer or director or in another similar capacity of, any competitor, customer or supplier of the Company, or
any organization which has a material contract or arrangement with the Company.</FONT></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">Section&nbsp;3.20&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;&nbsp;The
Company has filed all income and other material Tax Returns required to be filed, and each such Tax Return is true, correct and
complete in all material respects. All Taxes due and owing by the Company (whether or not shown on any Tax Return) have been paid
or will be paid prior to the Closing. There are no Encumbrances for Taxes (other than Permitted Encumbrances) upon any of the assets
or property of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Since
the Company Lookback Date, the Company has not received from any Taxing Authority any (i)&nbsp;written notice indicating an intent
to open an audit or other review of any Taxes or Tax Returns of the Company, (ii)&nbsp;written request for information related
to Taxes or Tax Returns of the Company, or (iii)&nbsp;written notice of deficiency or proposed adjustment for any amount of Tax
proposed, asserted, or assessed against the Company by any Taxing Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
Company is not (nor has it ever been) a party to or bound by any Tax allocation or sharing agreement (other than pursuant to the
customary provisions of an agreement entered into in the ordinary course of business the primary purpose of which is not related
to Taxes, such as leases, licenses or credit agreements). The Company has not (i) been a member of an Affiliated group filing a
consolidated federal income Tax Return (other than a group, the common parent of which was the Company), and (ii) had, and does
not have any, liability for the Taxes of any other Person under Treasury Regulations Section 1.1502-6 (or any similar provision
of Law), as a transferee or successor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Company has not waived any statute of limitations in respect of Taxes or agreed to any extension of time with respect to a Tax
assessment or deficiency. No written claim has ever been made and delivered to the Company by a Taxing Authority in a jurisdiction
where the Company does not file Tax Returns that the Company is or may be subject to taxation by that jurisdiction or that the
Company must file Tax Returns in such 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has withheld and paid all Taxes required to have been withheld and paid in connection with any amounts paid or owing to
any employee, independent contractor, creditor, stockholder or other third 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">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company filed an election on IRS Form 8832 electing to be treated as an association taxable as a corporation effective as of August
1, 2016 (the &ldquo;<B>Check the Box Election</B>&rdquo;). Prior to the effective date of the Check the Box Election, the Company
was at all times since its formation treated as a partnership or a disregarded entity for federal and applicable state and local
income Tax purposes.</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">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has not knowingly taken any action (or failed to take any action) that would prevent the Merger from qualifying as a &ldquo;reorganization&rdquo;
within the meaning of Section 368(a) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Company has not been a party to any &ldquo;reportable transaction,&rdquo; as defined in Code Section 6707A(c)(1) and Treasury Regulation
Section 1.6011-4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Company has not knowingly taken any action (or failed to take any action) that would prevent the Merger taken together with any
contemporaneous contributions of cash and debt to Parent from constituting an &ldquo;exchange&rdquo; governed by the provisions
of Section 351 of the Code.</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">Section&nbsp;3.21&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Insurance</U>.<FONT STYLE="font-size: 10pt">&nbsp;The
Company has in full force and effect adequate insurance policies with coverages customary for similarly situated companies in
the same or similar industries and as required by applicable Law. Since the Company Lookback Date, the Company has not received
any written notice from any insurance company of any (a) premature cancellation or invalidation of any material insurance policy
held by the Company (except with respect to policies that have been replaced with similar policies), (b) refusal of any coverage
or rejection of any material claim under any material insurance policy held by the Company or (c)&nbsp;material adjustment in
the amount of the premiums payable with respect to any insurance policy held by the Company, except for notices that have been
withdrawn or are no longer pending. As of the date of this Agreement, there is no pending material claim by the Company under
any insurance policy held by the Company.</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">Section&nbsp;3.22&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Brokers</U>.<FONT STYLE="font-size: 10pt">&nbsp;Except
as set forth on <U>Section&nbsp;3.22</U> of the Company Disclosure Schedules, no broker, finder or investment banker is entitled
to any brokerage, finder&rsquo;s or other fee or commission in connection with the transactions contemplated by this Agreement
based upon arrangements made by or on behalf of the Company.</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">Section&nbsp;3.23&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Approval
Required</U>.<FONT STYLE="font-size: 10pt">&nbsp;The Company Member Approval is the only vote of the holders of any Company Securities
necessary to approve this Agreement and to consummate the Transactions, including the Merger.</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">Section&nbsp;3.24&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Disclosure</U>.<FONT STYLE="font-size: 10pt">&nbsp;No
representation or warranty made by the Company in this <U>Article&nbsp;III</U>, including the Company Disclosure Schedule, contains
any untrue statement of a material fact or omits to state any material fact necessary to make any of them, in light of the circumstances
under which they were made, not misleading.</FONT></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&nbsp;IV<BR>
<BR>
REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB</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">Except as set forth
in the Parent Disclosure Schedule, (it being understood and agreed that information disclosed in any section of the Parent Disclosure
Schedule shall be deemed to be disclosed with respect to any representation or warrant in any other section of the Parent Disclosure
Schedule only to the extent that (a) cross references to other sections are set forth in the Parent Disclosure Schedule or (b)
its relevance to such representation and warranty in such other section is reasonably and readily apparent solely from the text
of such disclosure made without review of any referenced material) its relevance to such representation and warranty in such other
section is reasonably and readily apparent solely from the text of such disclosure made without review of any referenced material),
Parent and Merger Sub hereby represent and warrant to the Company that the statements contained in this <U>Article&nbsp;IV</U>
are true, correct and complete as of the date of this Agreement, as follows:</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">Section&nbsp;4.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization,
Authority and Qualification</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;&nbsp;Parent
is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware and has all requisite
corporate power and authority necessary to own or lease and operate all of its properties and assets and to carry on its business
as it is being conducted. Each Parent Subsidiary is duly organized, validly existing and in good standing under the applicable
Laws of its jurisdiction of incorporation and has all requisite corporate power and authority necessary to own or lease and operate
all of its properties and assets and to carry on its business as it is being conducted. Parent and each Parent Subsidiary is duly
qualified or licensed to do business and is in good standing in each jurisdiction in which the nature of the business conducted
by it or the character or location of the properties and assets owned, leased or operated by it makes such qualification necessary,
except where the failure to be so qualified, licensed or in good standing does not currently have, and 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-align: 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
Parent Board, by resolutions duly adopted by unanimous vote at a meeting of all members of the Parent Board duly called and held
has (i) determined that this Agreement and the Transactions, including the Merger, are fair to, and in the best interests of, the
stockholders of Parent, (ii) approved and declared advisable the Transactions, including the Merger, in accordance with the DGCL,
(iii) directed that this Agreement and the Transactions, including the Merger, be submitted to the stockholders of Parent for adoption,
and (iv) resolved to recommend that the stockholders of Parent adopt this Agreement and the Transactions, including the Merger,
and directed that such matter be submitted for consideration by the stockholders at a special stockholders meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
only votes of the holders of any class or series of capital stock of Parent required in connection with the Transactions is the
Parent Stockholder Approval.</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">Section&nbsp;4.02&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-align: 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
capitalization of Parent as of the date of this Agreement and as of immediately prior to the Effective Time is set forth on <U>Section&nbsp;4.02(a)</U>
of the Parent Disclosure Schedule. Except as disclosed on <U>Section&nbsp;4.02(a)</U> of the Parent Disclosure Schedule, there
are no authorized or outstanding (a) capital stock, equity interests or other securities of Parent, (b) securities of Parent convertible
into, exchangeable or exercisable for capital stock, equity interests, or other securities of the Parent, (c) subscription, calls,
commitments, Contracts, options, warrants, or other rights to purchase or acquire from Parent, or obligations of Parent to issue,
any capital stock, equity interests, or other securities, including securities convertible into, exchangeable or exercisable for
shares of capital stock, equity interests, or other securities of Parent, or (d) bonds, debentures, notes, or other indebtedness
that entitle the holders to vote (or convertible into, exchangeable or exercisable for, securities that entitle the holders to
vote) with holders of capital stock, equity interests, or other securities of Parent on any matter (the items in <U>clauses (a)</U>,
<U>(b)</U>, <U>(c)</U> and <U>(d)</U> being referred to collectively as the &ldquo;<B>Parent Securities</B>&rdquo; and the items
in clauses <U>(a)</U>, <U>(b)</U>, <U>(c)</U> and <U>(d)</U> with respect to any Parent Subsidiary instead of Parent, being referred
to collectively as the &ldquo;<B>Parent Subsidiary Securities</B>&rdquo;)). There are no outstanding obligations of Parent to repurchase,
redeem, or otherwise acquire the Parent Securities. The Parent Stock is duly authorized and validly issued.</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">&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;Set
forth on <U>Section&nbsp;4.02(b)</U> of the Parent Disclosure Schedule is a true and complete list of all Subsidiaries of Parent
(the &ldquo;<B>Parent Subsidiaries</B>&rdquo;). Except for the Parent Subsidiaries, Parent does not own, directly or indirectly,
any capital stock or other voting securities of, or ownership interests in, any Person. Parent owns 100% of the outstanding Parent
Subsidiary 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">Section&nbsp;4.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authority
and Noncontravention</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;&nbsp;Parent
and Merger Sub each have all necessary corporate power and authority to execute and deliver this Agreement and, subject to obtaining
the Parent Stockholder Approval, to perform their respective obligations hereunder and to consummate the Transactions. The execution
and delivery of and performance by Parent and Merger Sub under this Agreement, and the consummation of the Transactions, have been
duly authorized and approved by the board of directors of Parent and Merger Sub, and except for obtaining the Parent Stockholder
Approval, no other corporate action on the part of Parent or Merger Sub is necessary to authorize the execution and delivery of
and performance by Parent under this Agreement and the consummation by it of the Transactions. This Agreement has been duly executed
and delivered by Parent and Merger Sub and, assuming due authorization, execution and delivery hereof by the other parties hereto,
constitute legal, valid and binding obligations of Parent and Merger Sub, enforceable against Parent and Merger Sub in accordance
with its terms, except that such enforceability may be limited by and is subject to the Bankruptcy and Equity Exception.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Except
as set forth on <U>Section&nbsp;4.03</U> of the Parent Disclosure Schedule, neither the execution and delivery of this Agreement
by Parent and Merger Sub, nor the consummation by Parent and Merger Sub of the Transactions, nor compliance by Parent and Merger
Sub with any of the terms or provisions hereof, will (i) assuming the Parent Stockholder Approval is obtained, conflict with or
violate any provision of the Governing Documents of Parent or Merger Sub, (ii) assuming that each of the consents, authorizations
and approvals referred to in <U>Section&nbsp;4.04</U> and the Parent Stockholder Approval are obtained (and any condition precedent
to any such consent, authorization or approval has been satisfied) and each of the filings referred to in <U>Section&nbsp;4.04</U>
are made and any applicable waiting periods referred to therein have expired, violate any Law or Judgment applicable to Parent
or Merger Sub or (iii) require any consent or any other action by any Person under, result in any violation or breach of, result
in the loss of a benefit under, conflict with any provision of, or constitute a default (with or without notice or lapse of time,
or both) under, any terms, conditions or provisions of any Contract by which Parent is bound, which in each case would result in
a Parent 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>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;4.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governmental
Consents and Approvals</U>. Except for, (a) the filing with the SEC of a proxy statement relating to the Parent Stockholders Meeting
(as amended or supplemented from time to time, the &ldquo;<B>Proxy Statement</B>&rdquo;) and other filings required under, and
compliance with other applicable requirements of, the Securities Exchange Act of 1934 (the &ldquo;<B>Exchange Act</B>&rdquo;) and
the rules of NASDAQ, (b) the filing of the Proxy Statement as described in <U>Section&nbsp;5.05</U>, (c) the filing of the Certificate
of Merger with the Secretary of State of the State of Delaware pursuant to the DGCL, and (d) the notices, consents and approvals
set forth in <U>Section&nbsp;4.04</U> of the Parent Disclosure Schedule, no consents or approvals of, or filings, declarations
or registrations with, any Governmental Entity are necessary for the execution and delivery of this Agreement by Parent or Merger
Sub and the consummation by Parent or Merger Sub of the Transactions, other than as do not currently have, and 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-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">Section&nbsp;4.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>SEC
Filings; Financial Information; Books and Records</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
has delivered or made available to the Company accurate and complete copies of all registration statements, proxy statements, Certifications
(as defined below) and other statements, reports, schedules, forms and other documents filed or furnished by Parent with the SEC
since January 1, 2014 (the &ldquo;<B>Parent SEC Documents</B>&rdquo;), other than such documents that can be obtained on the SEC&rsquo;s
website at www.sec.gov. Except as set forth in <U>Section&nbsp;4.05(a)</U> of the Parent Disclosure Schedule, all material statements,
reports, schedules, forms and other documents required to have been filed by Parent or its officers with the SEC have been so filed.
As of the time it was filed with the SEC (or, if amended or superseded by a filing prior to the date of this Agreement, then on
the date of such filing), each of the Parent SEC Documents complied in all material respects with the applicable requirements of
the Securities Act or the Exchange Act (as the case may be) and, to Parent&rsquo;s Knowledge, as of the time they were filed, none
of the Parent SEC Documents contained any untrue statement of a material fact or omitted to state a material fact required to be
stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made,
not misleading. The certifications and statements required by (A) Rule 13a-14 under the Exchange Act and (B) 18 U.S.C. &sect;1350
(Section 906 of the Sarbanes-Oxley Act) relating to the Parent SEC Documents (collectively, the &ldquo;<B>Certifications</B>&rdquo;)
are accurate and complete and comply in all material respects as to form and content with all applicable 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;&nbsp;The
financial statements (including any related notes) contained or incorporated by reference in the Parent SEC Documents (the &ldquo;<B>Parent
Financial Statements</B>&rdquo;): (i) complied as to form in all material respects with the published rules and regulations of
the SEC applicable thereto; (ii) were prepared in accordance with GAAP (except as may be indicated in the notes to such financial
statements or, in the case of unaudited financial statements, as permitted by Form 10-Q of the SEC) applied on a consistent basis
unless otherwise noted therein throughout the periods indicated; and (iii) fairly present (subject in the case of unaudited financial
statements to normal and recurring year-end audit adjustments) in all material respects the consolidated financial position of
Parent as of the respective dates thereof and the consolidated results of operations and cash flows of Parent for the periods covered
thereby.</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;&nbsp;To
the Knowledge of Parent, Parent&rsquo;s auditor has at all times since the Parent Lookback Date been: (i) a registered public accounting
firm (as defined in Section 2(a)(12) of the Sarbanes-Oxley Act); (ii) &ldquo;independent&rdquo; with respect to Parent within the
meaning of Regulation S-X under the Exchange Act; and (iii) in compliance with subsections (g) through (l) of Section 10A of the
Exchange Act and the rules and regulations promulgated by the SEC 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
the Parent Lookback Date, through the date hereof, Parent has not received any comment letter from the SEC or the staff thereof
or any correspondence from The NASDAQ Stock Market or the staff thereof relating to the delisting or maintenance of listing of
the Parent Common Stock on the NASDAQ Capital Market, other than such documents that can be obtained on the SEC&rsquo;s website
at www.sec.gov.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Parent
is not eligible to use Form S-3 to register its equity securities under the Securities Act for resale on a continuous basis on
an automatic shelf registration statement that will become effective immediately pursuant to Rule 462(e) and (f) upon filing with
the SEC, but anticipates that it will be able to use Form S-3 upon filing of its annual report on Form 10-K for the year ended
December 31, 2016 with the SEC<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">.</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: 0.5in">Section&nbsp;4.06&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Undisclosed Liabilities</U>. There are no material Liabilities of Parent or any Parent Subsidiaries, other than Liabilities
(a)&nbsp;reflected or reserved against on the Parent Financial Statements, or (b)&nbsp;set forth in <U>Section&nbsp;4.06</U> of
the Parent Disclosure Schedule. As of the date of this Agreement, neither Parent nor any Parent Subsidiary has any material Indebtedness
for borrowed money. Except as disclosed in the Parent SEC Documents, neither Parent nor any Parent Subsidiary has ever effected
or otherwise been involved in any &ldquo;off-balance sheet arrangements&rdquo; (as defined in Item 303(a)(4)(iii) of Regulation
S-K under 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">Section&nbsp;4.07&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct
in the Ordinary Course; Absence of Certain Changes, Events and Conditions</U>. Except as set forth on <U>Section&nbsp;4.07</U>
of the Parent Disclosure Schedule, since December 31, 2015, Parent and the Parent Subsidiaries have conducted their respective
operations in the ordinary course and consistent with past practice and there has not been or occurred (a) any condition, change,
event, occurrence or effect that has, or would reasonably be expected to have, individually or in the aggregate, a Parent Material
Adverse Effect, or (b) any condition, action, event, occurrence or effect that, if taken during the period from the date of this
Agreement through the Effective Time without the Company&rsquo;s consent, would constitute a breach of <U>Section&nbsp;5.01(c)</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">Section&nbsp;4.08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Legal
Proceedings</U>. Except as set forth on <U>Section&nbsp;4.08</U> of the Parent Disclosure Schedule, as of the date hereof, there
is no pending or, to the Knowledge of Parent, threatened, Legal Proceeding against or, to the Knowledge of Parent, any investigation,
informal inquiry or request for documents specifically relating to, Parent or any Parent Subsidiary or any of the assets or operations
of Parent or any Parent Subsidiary or, to the Knowledge of Parent, any of their present or former directors, officer or employees
(in each case, in their capacity as such), nor is there any Judgment imposed or binding upon Parent or any Parent Subsidiary, in
each case, by or before any Governmental Entity or arbitrator, that has or would reasonably be expected to have, individually or
in the aggregate, a Parent Material Adverse Effect or that in any manner seeks to prevent, enjoin, alter or materially delay the
Transactions. There are no material internal investigations or internal inquiries that, since the Parent Lookback Date, have been
conducted by or at the direction of the Parent Board or the board of directors of any Parent Subsidiary (or any committee thereof)
concerning any financial, accounting or other misfeasance or malfeasance issues.</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">Section&nbsp;4.09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
and the Parent Subsidiaries are, and since the Parent Lookback Date have been, in compliance in all material respects with all
Laws applicable to Parent or the Parent Subsidiaries, any of their respective properties or other assets or any of their respective
businesses or operations (other than Health Care Laws which are governed exclusively by <U>Section&nbsp;4.10</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">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
and the Parent Subsidiaries hold, and are in compliance with, in all material respects all licenses, franchises, permits, certificates,
approvals, orders and authorizations from Governmental Entities required by Law for the conduct of their respective business as
it is now being conducted (collectively, &ldquo;<B>Parent Permits</B>&rdquo;). All such Parent Permits are in full force and effect
and, since the Parent Lookback Date, neither Parent nor any Parent Subsidiary has received written notice to the effect that a
Governmental Entity was considering the amendment, termination, revocation or cancellation of any Parent Permit, which amendment,
termination, revocation or cancellation would reasonably be expected to have, individually or in the aggregate, a Parent Material
Adverse Effect. The execution and delivery of this Agreement and the consummation of the Transactions will not cause the revocation
or cancellation of any Parent Permit, the revocation or cancellation of which would have a Parent 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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since
the Parent Lookback Date, neither Parent nor any Parent Subsidiary nor, the Knowledge of Parent, any of their respective officers,
directors, agents or employees has: (i) used any funds for unlawful contributions, gifts or entertainment, or for other unlawful
expenses, related to political activity; (ii) made any unlawful payment to foreign or domestic government officials or employees
or to foreign or domestic political parties or campaigns; (iii) violated any provision of the Foreign Corrupt Practices Act of
1977; or (iv) engaged in any business or effected any transactions with any Person (A) located in a Restricted Nation; (B) that
is owned, controlled by or acting on behalf of an individual, business or organization in of a Restricted Nation; (C) that is a
government of a Restricted Nation; (D) that is owned, controlled by or acting on behalf of a government of a Restricted Nation;
or (E) that is an OFAC Sanctioned Person. None of (1) the execution, delivery and performance of this Agreement or (2) the consummation
of the Transactions, will result in a violation by Parent or any Parent Subsidiary of any of the OFAC Sanctions or of any anti-money
laundering laws of the United States or any other applicable 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since
the Parent Lookback Date, except as described in the Parent SEC Documents, neither Parent nor any Parent Subsidiary has (i)&nbsp;received
any written notice from any Governmental Entity regarding any material violation of any Law or (ii)&nbsp;filed with or otherwise
provided to any Governmental Entity any written notice regarding any material violation by Parent or any Parent Subsidiary of any
Law, except in each case, any written notices regarding any violations that would not reasonably be expected to result in a Parent
Material Adverse Effect.</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: 0.5in">Section&nbsp;4.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Regulatory
Matters</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
Parent nor any Parent Subsidiary, nor to the Knowledge of Parent has, any current officer, employee, agent or director of any such
entity, made an untrue statement of a material fact or fraudulent statement to any Governmental Entity or failed to disclose a
material fact required to be disclosed to any Governmental Entity. Neither Parent nor any Parent Subsidiary is the subject of any
pending or, to the Knowledge of Parent, threatened investigation in respect of the business of the Parent or any Parent or Parent
Subsidiary employee, officer or agent by any Governmental Entity. Parent and each Parent Subsidiary are, and to the Knowledge of
Parent, all officers, directors, employees and agents of Parent and each Parent Subsidiary are, and since the Parent Lookback Date
have been, in compliance with all Health Care Laws. Neither Parent nor any Parent Subsidiary is the subject of any pending or,
to the Knowledge of Parent threatened, investigation in respect of the business of the Parent or any Parent or Parent Subsidiary
employee, officer or agent by any Governmental Entity for any violation of any Health Care Law or any other applicable Law. There
is no act, omission, event or circumstance that would reasonably be expected to give rise to any such action, suit, demand, claim,
complaint, hearing, investigation, notice, demand letter, warning letter, proceeding or request for information or any liability
for failure to comply with any Health Care 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;&nbsp;Neither
Parent nor any Parent Subsidiary nor any individual currently employed by, or under contract with, Parent or any Parent Subsidiary
to perform functions for Parent or any Parent Subsidiary has been excluded from participating in, debarred, suspended, or otherwise
made ineligible to participate in, any federal health care program (as defined in 42 U.S.C. &sect; 1320a-7b(f)) or been subject
to sanction pursuant to 42 U.S.C. &sect; 1320a-7a or 1320a-8, been convicted of a crime described at 42 U.S.C. &sect; 1320a-7b,
or charged with or under investigation for any offense that may lead to such exclusion, debarment, suspension, or ineligibility.
Neither Parent nor any Parent Subsidiary, nor any of its employees, officers, directors, or controlling stockholders have committed
a violation of any Law, specifically including, but not limited to, the Health Care Laws. Parent has, and since the Parent Lookback
Date has had, a qualified medical director.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Neither
Parent nor any Parent Subsidiary has experienced any Breach of Unsecured Protected Health Information (as defined by HIPAA) that
would be required to be externally reported, with respect to Protected Health Information (as defined by HIPAA) within its possession,
control, or custody that would be material to the business of Parent or any Parent Subsidiary.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;4.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assets</U>.
Except as set forth on <U>Section&nbsp;4.11</U> of the Parent Disclosure Schedule, Parent and each Parent Subsidiary has good and
valid title to or leasehold interest in all assets material to its business, free and clear of Encumbrances, except for Permitted
Encumbrances. All equipment included in such properties which is necessary or desirable to the business of Parent and the Parent
Subsidiaries is in good condition and repair (ordinary wear and tear excepted). The property and assets of Parent and the Parent
Subsidiaries are sufficient for the conduct of their respective business as presently conducted.</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">Section&nbsp;4.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transactions
with Affiliates</U>. Except as set forth in in the Parent SEC Documents, there are no loans, leases, arrangements involving the
reimbursement of non-business related expenses, or other Contracts or transactions between Parent or any Parent Subsidiary on the
one hand, and any present or former stockholder, director, officer, employee or independent contractor of Parent or any Parent
Subsidiary on the other hand, or to the Knowledge of Parent, any member of such officer&rsquo;s, director&rsquo;s, employee&rsquo;s,
independent contractor&rsquo;s or stockholder&rsquo;s immediate family, or any Person controlled by such officer, director, employee,
independent contractor or stockholder or his or her immediate family. To the knowledge of Parent,<B> </B>except as set forth in
the Parent SEC Documents, no stockholder, director, officer, employee or independent contractor of Parent or any Parent Subsidiary,
or any of their respective spouses or family members, owns directly or indirectly, on an individual or joint basis, any interest
in, or serves as an officer or director or in another similar capacity of, any competitor, customer or supplier of Parent or any
Parent Subsidiary, or any organization which has a material contract or arrangement with Parent or any Parent 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">Section&nbsp;4.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Insurance</U>.
Parent and the Parent Subsidiaries have in full force and effect adequate insurance policies with coverages customary for similarly
situated companies in the same or similar industries and as required by applicable Law. Since the Parent Lookback Date, neither
Parent nor any Parent Subsidiary has received any written notice from any insurance company of any (a) premature cancellation or
invalidation of any material insurance policy held by Parent or any Parent Subsidiary (except with respect to policies that have
been replaced with similar policies), (b) refusal of any coverage or rejection of any material claim under any material insurance
policy held by Parent or a Parent Subsidiary or (c)&nbsp;material adjustment in the amount of the premiums payable with respect
to any insurance policy held by Parent or a Parent Subsidiary, except for notices that have been withdrawn or are no longer pending,
in each case other than any such cancellation, invalidation, refusal or coverage, rejection of a claim or adjustment that would
reasonably be expected to result in a Parent Material Adverse Effect. As of the date of this Agreement, there is no pending material
claim by Parent or a Parent Subsidiary under any such insurance policy.</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">Section&nbsp;4.14&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 transactions contemplated by this Agreement based upon arrangements made by or on behalf of Parent or any Parent 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">Section&nbsp;4.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Disclosure</U>.
No representation or warranty made by Parent or Merger Sub in this <U>Article&nbsp;IV</U>, contains any untrue statement of a material
fact or omits to state any material fact necessary to make any of them, in light of the circumstances under which they were made,
not misleading.</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">Section&nbsp;4.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Controls
and Procedures, Certifications and Other Matters Relating to the Sarbanes-Oxley Act</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
maintains internal control over financial reporting that provides assurance that (i) records are maintained in reasonable detail
and accurately and fairly reflect the transactions and dispositions of Parent&rsquo;s assets, (ii) transactions are executed with
management&rsquo;s authorization and (iii) transactions are recorded as necessary to permit preparation of the Parent Financial
Statements and to maintain accountability for Parent&rsquo;s assets.</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;Except
as set forth on <U>Section&nbsp;4.16</U> of the Parent Disclosure Schedule, Parent maintains disclosure controls and procedures
required by Rules 13a-15 or 15d-15 under the Exchange Act, and such controls and procedures are effective to provide reasonable
assurance that material information concerning Parent is made known on a timely basis to management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Neither
Parent nor, to the Knowledge of Parent, any of its officers has received notice from any Governmental Entity questioning or challenging
the accuracy, completeness or manner of filing or submission of any Parent SEC Document, including without limitation the Certifications.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Since
January 1, 2013, Parent has not extended or maintained credit, arranged for the extension of credit, modified or renewed an extension
of credit, in the form of a personal loan or otherwise, to or for any director or executive officer of Parent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;4.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Material
Contracts</U>. (a) <U>Section&nbsp;4.17(a)</U> of the Parent Disclosure Schedule contains a true, correct and complete list of
the following Contracts to which either Parent or a Parent Subsidiary is a party or by which it is bound as of the date hereof
(such Contracts being &ldquo;<B>Parent Material Contracts</B>&rdquo;):</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 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)
each employment agreement and Contracts with independent contractors entered into by Parent or a Parent Subsidiary and (B) each
Contract the terms of which obligate or may in the future obligate Parent or a Parent Subsidiary to make any change of control,
severance or other similar payment to any current or former employee or independent contractors;</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;each
Contract (A)&nbsp;containing any &ldquo;most favored nations&rdquo; terms and conditions (including with respect to pricing) or
exclusivity obligations (other than any non-disclosure, confidentiality or other similar agreement), (B) granting any right of
first refusal, right of first offer or similar right or (C) containing any other term, condition or clause that, individually or
in the aggregate, limits or purports to limit in any material respect the ability of the Company to own, operate, manufacture,
sell, distribute, transfer, pledge or otherwise dispose of any material assets or business of Parent or any Parent Subsidiary (or,
after the Effective Time, Parent or its Affiliates);</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
Contract reasonably expected to require payments to or from either Parent or a Parent Subsidiary in excess of $25,000 per year
or in excess of $50,000 during the term of the Contract;</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
material broker, distributor, dealer, manufacturer&rsquo;s representative, franchise, agency, sales promotion, market research,
marketing, consulting and advertising Contracts;</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 0pt 0.5in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Contract relating to Indebtedness of Parent or a Parent Subsidiary or under which Parent or any Parent Subsidiary has advanced
or loaned any funds to any other Person;</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;
each Contract under which Parent or a Parent Subsidiary leases, subleases or licenses any real 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;each
Contract under which Parent or a Parent Subsidiary leases personal property (not relating primarily to real property), pursuant
to which Parent or a Parent Subsidiary is required to make rental payments in excess of $25,000 per year;</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;each
Contract with any Governmental Entity;</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">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Contract for the disposition of any portion of the assets or business of Parent or a Parent Subsidiary, or any agreement for the
acquisition, directly or indirectly, of a portion of the assets or business of any other Person (whether by merger, sale of stock
or assets or otherwise);</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;each
Contract that limits or purports to limit the ability of Parent or a Parent Subsidiary to compete in any line of business or with
any Person or in any geographic area or during any period of time;</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;each
Contract that is related to Parent Intellectual Property and with respect to Parent Material Licensed IP, each Contract relating
to the license, sublicense, agreement, covenant not to sue or permission covering each item;</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;any
distribution, license, marketing, promotion, manufacturing, supply, or development Contract or other Contract concerning the use,
development, commercialization, or distribution of the Parent Intellectual Property or current, proposed, or intended products,
technology or services;</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;each
Contract in which Parent or a Parent Subsidiary has agreed to purchase a minimum quantity of goods relating to any product manufactured,
produced or distributed by Parent;</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;each
Contract providing for benefits under any Parent Plan;</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">(xv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Contract establishing or governing the material terms of any joint venture, partnership, strategic alliance, collaboration, research
and development project or similar arrangement;</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">(xvi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Contracts that provide for the indemnification by Parent or any Parent Subsidiary of any Person or the assumption of any Tax (other
than commercial agreements entered into in the ordinary course of business, the principal purpose of which is not related to Taxes),
environmental or other Liability of any Person;</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">(xvii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Contract that contains any &ldquo;single-trigger,&rdquo; &ldquo;double-trigger&rdquo; or other vesting acceleration provisions
subject to acceleration (in whole or in part) as a result of the Merger or any of the other transactions contemplated by this Agreement
(whether alone or in combination with any termination of employment or other event);</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 0pt 0.5in; text-align: justify; text-indent: 1in">(xviii)&nbsp;&nbsp;&nbsp;&nbsp;all
other Contracts, whether or not made in the ordinary course of business, which are material to Parent or a Parent Subsidiary, or
the absence of which would have a Parent 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; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
Each Parent Material Contract is legally valid and binding on Parent or a Parent Subsidiary to the extent Parent or a Parent Subsidiary
is a party thereto, as applicable, and to the Knowledge of Parent, each other party thereto, and is in full force and effect and
enforceable in accordance with its terms (subject to the Bankruptcy and Equity Exception); (ii) Parent and the Parent Subsidiaries,
and, to the Knowledge of Parent, any other party thereto, has performed all material obligations required to be performed by such
party under each Parent Material Contract; (iii) neither Parent nor a Parent Subsidiary is in material default under any Parent
Material Contract, nor, to the Knowledge of Parent, does any condition exist that, with notice or lapse of time or both, would
constitute a material default under any Parent Material Contract; (iv) to the Knowledge of Parent, no other party to a Parent Material
Contract is in material default thereunder, nor does any condition exist that, with notice or lapse of time or both, would constitute
a material default of such other party under any Parent Material Contract; and (v) neither Parent nor a Parent Subsidiary has received
any written notice of termination or cancellation under any Parent Material Contract or received any written notice of breach or
of default in any material respect under any Parent Material Contract, which breach has not been cured. Prior to the date hereof,
Parent has made available to the Company true, correct and complete copies of all Parent Material Contracts required to be set
forth on <U>Section&nbsp;4.17(a)</U> of the Parent Disclosure Schedule, and will make available to the Company copies of all Parent
Material Contracts entered into after the date hereof, in each case including amendments 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: 0.5in">Section&nbsp;4.18&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-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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Section&nbsp;4.18(a)</U>
of the Parent Disclosure Schedule sets forth a true, correct and complete list of all (i) issued and pending Patents, (ii) registered
and applications for registration of trademarks and service marks, (iii) registered domain names, and (iv) registered copyrights,
in each case, included in Parent Intellectual Property owned by Parent or a Parent Subsidiary and (v) any license agreement governing
Parent Material Licensed IP. Such list shall contain, as applicable, (A) the name of all actual and recorded owners, (B) the jurisdiction
in which the application or registration was made, (C) the application and registration numbers, (D) whether such Parent Intellectual
Property is owned by, exclusively licensed to, or non-exclusively licensed to Parent or a Parent Subsidiary, and (E) the filing
and registration, issue and application dates. The list pertaining to the license agreements governing Parent Material Licensed
IP shall contain (x) the name and date of the license agreement pursuant to which such Parent Material Licensed IP is licensed
and (y) whether or not such license agreement grants an exclusive license to Parent or a Parent Subsidiary. Parent or a Parent
Subsidiary owns, or has the right to use the Parent Intellectual Property, in the conduct of the business of such party as currently
conducted. Except as set forth on <U>Section&nbsp;4.18(a)</U> of the Parent Disclosure Schedule, Parent Intellectual Property owned
by Parent or a Parent Subsidiary is owned solely and exclusively by such party, free and clear of any Encumbrances other than Permitted
Encumbrances. The Parent Intellectual Property owned by Parent or a Parent Subsidiary and, to the Knowledge of Parent, the Parent
Material Licensed IP, is valid, enforceable, subsisting and in full force and effect. None of the Parent Intellectual Property
owned by Parent or a Parent Subsidiary, and to the Knowledge of Parent, none of the Parent Material Licensed IP, is or has been
subject to any pending, concluded, or, to the Knowledge of Parent, threatened, Legal Proceeding or other proceeding (including
any interference, derivation, re-examination, opposition, cancellation reissue or other post-grant proceeding, but excluding customary
office actions issued by an application examiner with the United States Patent and Trademark Office or its foreign equivalent in
the ordinary course of business in connection with the prosecution of a pending application for a patent or a trademark registration)
which challenges the validity, enforceability, use, right to use, scope, duration, effectiveness or ownership of any item of such
Parent Intellectual Property.</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;Parent
or a Parent Subsidiary owns or possesses the right to use all Intellectual Property necessary to conduct its business as currently
conducted by Parent and the Parent Subsidiaries, and neither Parent nor a Parent Subsidiary has received any written, or to the
Knowledge of Parent, any non-written, notice from any Person asserting any claim to the contrary. Each item of Parent Intellectual
Property owned by Parent or a Parent Subsidiary immediately subsequent to the Effective Time will be owned and available for use
by such party on the same terms and conditions as are in effect immediately prior to the Effective Time. Subject to obtaining any
consent set forth on <U>Section&nbsp;4.18(b)</U> of the Parent Disclosure Schedule, each item of Parent Material Licensed IP will
be licensed to and available for use by Parent or a Parent Subsidiary on the same terms and conditions as are in effect immediately
prior to the Effective 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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the Knowledge of Parent, the conduct of the business of Parent, including the development, use, manufacture, marketing, sale and
offer for sale of the products manufactured, distributed and produced by Parent and services of Parent, have not infringed, misappropriated
or otherwise violated, and does not and will not infringe, misappropriate or otherwise violate any Intellectual Property of any
Person. Except as set forth on <U>Section&nbsp;4.18(c)</U> of the Parent Disclosure Schedule, Parent has not received any written,
or to the Knowledge of Parent, any non-written, notice since the Parent Lookback Date of any claims that have been made against
Parent alleging the infringement, misappropriation or violation by Parent of any Intellectual Property of any Person. Except as
set forth on <U>Section&nbsp;4.18(c)</U> of the Parent Disclosure Schedule, to Parent&rsquo;s Knowledge, since the Parent Lookback
Date, no Person has infringed, misappropriated or otherwise violated any Parent Intellectual Property owned by Parent or any Parent
Material Licensed IP, and there is no and has not been any Legal Proceeding pursuant to which Parent or, to the Knowledge of Parent,
its licensor has alleged any such infringement, misappropriation or violation by any 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in any Contract set forth in <U>Section&nbsp;4.18(d)(i)</U> of the Parent Disclosure Schedule, no funding, facilities
or other resources of any Governmental Entity, university, college, other educational institution or nonprofit research center
was used in the development of any Parent Intellectual Property owned by Parent, or to the Knowledge of Parent, in any Parent Material
Licensed IP; nor, does any such entity own or have rights to (or have the option to obtain such ownership or rights to) any Parent
Intellectual Property owned by Parent, or to the Knowledge of Parent, to any Parent Material Licensed IP, other than in each case,
pursuant to the provisions of any Contract set forth in or <U>Section&nbsp;4.18(d)(ii)</U> of the Parent Disclosure Schedule.</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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
and the Parent Subsidiaries have used commercially reasonable efforts to protect and maintain its rights in all material Parent
Intellectual Property. Since the Parent Lookback Date,<B> </B>Parent&rsquo;s and the Parent Subsidiaries&rsquo; collection, storage,
use and dissemination of personally identifiable information and any other data that could reasonably be used to identify any consumer,
patient, employee or other person or any of their respective devices has, at all times complied in all material respects with all
applicable Law, privacy policies and terms of use and other contractual obligations relating to privacy, data protection or data
security. Since the Parent Lookback Date, no breach, security incident, or violation of any data security policy in relation to
personally identifiable information or other data that could reasonably be used to identify any consumer, patient, employee or
other person or any of their respective devices has occurred, or is or was threatened, and there has been no unauthorized or illegal
processing of such data, other than breaches of internal protocol in the ordinary course of business. Parent and the Parent Subsidiaries
maintain commercially reasonable security procedures to protect against loss, misuse, unauthorized access, disclosure, and destruction
of personally identifiable information and other data pertaining to consumers, patients, employees or other persons. Since the
Parent Lookback Date,<B> </B>neither Parent nor the Parent Subsidiaries have received written, or to the Knowledge of Parent, any
non-written, notice of any claims (including any investigation or notice from any Governmental Entity) that have been asserted
or threatened against Parent or any Parent Subsidiary alleging, any violation of any Person&rsquo;s privacy or personally identifiable
information or data rights or non-compliance with applicable Laws, privacy policies or terms of use or other contractual obligations
relating to privacy, data protection or data security.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Parent
or a Parent Subsidiary has (i) caused all current and former employees and all other Persons involved in the conception, reduction
to practice, creation or development of any Intellectual Property for Parent and the Parent Subsidiaries to execute a binding and
enforceable agreement which includes provisions sufficient to ensure that Parent or a Parent Subsidiary is the sole and exclusive
owner of any and all Intellectual Property conceived, reduced to practice, created or developed by such employees within the scope
of or resulting from his or her employment with Parent or such Parent Subsidiary, or, in the case of a Person other than an employee,
from the services such Person performs for Parent or a Parent Subsidiary; and (ii) caused all current employees and other Persons
with access to any non-public Parent Intellectual Property to execute a binding and enforceable confidentiality agreement or other
agreement that includes customary confidentiality terms sufficient to protect the proprietary interests of Parent or such Parent
Subsidiary with respect to such Parent Intellectual Property. Copies of the forms of agreements referred to in the foregoing <U>clauses
(i)</U> and <U>(ii)</U> (collectively, &ldquo;<B>Parent IP Agreements</B>&rdquo;) have been made available to Parent prior to the
date hereof, and to the Knowledge of Parent, no material breach of any such agreement by the other party thereto has occurred or
been threatened.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Except
with respect to Contracts set forth on <U>Section&nbsp;4.18(g)</U> of the Parent Disclosure Schedule and identified as such, neither
Parent nor any Parent Subsidiary is obligated to make any material payments by way of royalties, fees or otherwise to any owner
or licensor of, or other claimant to, any Intellectual Property.</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">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth on <U>Section&nbsp;4.18(h)</U> of the Parent Disclosure Schedule, to the knowledge of Parent, there are no actions
that must be taken within 180 days of the date of this Agreement, including the payment of any registration, maintenance or renewal
fees or the filing of any response to an official action of a court or Governmental Entity (including the United States Patent
and Trademark Office or similar foreign government agencies) or the filing of any application for the purpose of obtaining, maintaining,
perfecting, preserving or renewing any of the owned Parent Intellectual 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">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth on <U>Section&nbsp;4.18</U> of the Parent Disclosure Schedule, neither Parent nor any Parent Subsidiary has (i) entered
into any Contract under which it has, or may have, the obligation to transfer any ownership of, or granted any exclusive license
to use or distribute (or entered into any agreement under which it has, or may have, the obligation to grant any exclusive license
to use or distribute), or authorized the retention of any exclusive rights to use or joint ownership of, any of the Parent Intellectual
Property, to any other Person, (ii) entered into any Contract under which it has, with respect to any of the Parent Intellectual
Property, granted any license, sublicense, covenant not to sue, assert or exploit or (iii) entered into any Contract under which
Parent or a Parent Subsidiary has granted any Person the right to bring a lawsuit for infringement or misappropriation of any of
the Parent Intellectual 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">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the execution and delivery of this Agreement, the consummation of the Transactions, or the performance by Parent or Merger Sub
of their obligations hereunder, conflict or will conflict with, alter or impair, any of Parent&rsquo;s or of a Parent Subsidiary&rsquo;s
or any rights in or to any Parent Intellectual Property or the validity, enforceability, use, right to use, ownership, priority,
duration, scope or effectiveness of any such Parent Intellectual Property or otherwise trigger any additional payment obligations
with respect to any Parent Intellectual 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: 0.5in">Section&nbsp;4.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Parent
Plans</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Section&nbsp;4.19(a)</U>
of the Parent Disclosure Schedule sets forth each &ldquo;employee benefit plan&rdquo; as such term is defined in Section 3(3) of
ERISA (such as pension and 401(k) plans, and medical, life, and disability plans), and any bonus, stock option, stock purchase,
restricted stock, incentive, deferred compensation, retiree medical or life insurance, cafeteria plan, dependent care plan, supplemental
retirement or other benefit plan, program or arrangement or any employment, termination, severance, retention, stay bonus or other
contract, agreement, plan, program or arrangement for the benefit of any current or former employee, officer, director or independent
contractor of Parent or any Parent Subsidiary (collectively, the &ldquo;<B>Parent Plans</B>&rdquo;) that Parent or a Parent Subsidiary
maintains or makes contributions to or has any responsibility or liability for.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Parent
has made available to the Company copies of: (i) the most recent annual report (Form Series 5500 and all schedules and financial
statements attached thereto), if any, required under applicable Laws in connection with each Parent Plan; (ii) if the Parent Plan
is subject to the minimum funding standards of Section 302 of ERISA, the most recent annual and periodic accounting of Parent Plan
assets, if any; (iii) the most recent summary plan description required under ERISA or any similar Law with respect to each Parent
Plan; (iv) all material correspondence since January 1, 2015 to or from any Governmental Entity relating to any Parent Plan; and
(v) the most recent IRS determination or opinion letter issued with respect to each Parent Plan intended to be qualified under
Section 401(a) of the Code.</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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Parent Plan that is intended to be qualified under Section 401(a) of the Code has received a favorable determination letter (or
opinion letter, if applicable) from the U.S. Internal Revenue Service stating that such Parent Plan is so qualified. Each Company
Parent Plan has been maintained in compliance with its terms and has been maintained in material compliance with all applicable
Laws.</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;&nbsp;The
execution and delivery of this Agreement and the consummation of the Transactions (i) will not materially increase the benefits
payable by Parent or any Parent Subsidiary under any Parent Plan and (ii) will not result in any acceleration of the time of payment
or vesting of any material benefits payable by Parent or any Parent Subsidiary under any Parent Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Parent
and the Parent Subsidiaries are in material compliance with all applicable Laws relating to the employment of its 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">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
is no agreement, plan, arrangement or other Contract covering any director or officer or other employee of Parent or any Parent
Subsidiary, and no payments have been made or will be made to any director or officer or other employee of Parent or any Parent
Subsidiary, that, considered individually or considered collectively with any other such Contracts or payments, will, or would
reasonably be expected to, result in any payment that will not be deductible by Parent or such Parent Subsidiary by reason of Section&nbsp;280G
of the Code, or give rise directly or indirectly to the payment of any amount that would not be deductible pursuant to Section&nbsp;162(m)&nbsp;of
the Code (or any comparable provision under U.S. state or local or non-U.S. Tax Laws).&nbsp; Neither Parent nor any Parent Subsidiary
is a party to or has any obligation under any Contract to compensate any Person for excise Taxes payable pursuant to Section&nbsp;4999
of the Code or any Taxes required by Section&nbsp;409A of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Each
individual who is classified by Parent as an independent contractor has been properly classified for purposes of participation
and benefit accrual under each Parent Plan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;4.20&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-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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
of the date of this Agreement, neither Parent nor any Parent Subsidiary is a party to, nor does Parent or any Parent Subsidiary
have a duty to bargain for, any collective bargaining agreement with a labor organization or works council representing any of
its employees and there are no labor organizations or works councils representing, purporting to represent or, to the Knowledge
of Parent, seeking to represent any employees of Parent or any Parent Subsidiary. To the Knowledge of Parent, there has not been
any strike, slowdown, work stoppage, lockout, job action, picketing, labor dispute, union organizing activity, or any threat thereof,
or any similar activity or dispute, affecting Parent, any Parent Subsidiary, or any of their respective employees. There is not
now pending, and, to the Knowledge of Parent, no Person has threatened to commence, any such strike, slowdown, work stoppage, lockout,
job action, picketing, labor dispute or union organizing activity or any similar activity or dispute. Except as set forth on <U>Section&nbsp;4.20</U>
of the Parent Disclosure Schedule, to the Knowledge of Parent, there is no material claim or material grievance pending or threatened
relating to any employment contract, wages and hours, plant closing notification, employment statute or regulation, privacy right,
labor dispute, workers&rsquo; compensation policy or long-term disability policy, safety, retaliation, immigration or discrimination
matters involving any employee of Parent or any of Parent Subsidiaries, including charges of unfair labor practices or harassment
complaints.</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;&nbsp;Neither
Parent nor any Parent Subsidiary has taken any action which would constitute a &ldquo;plant closing&rdquo; or &ldquo;mass layoff&rdquo;
within the meaning of the WARN Act or similar state or local law or issued any notification of a plant closing or mass layoff required
by the WARN Act or similar state or local law in the ninety (90) day period ending on the date of this Agreement, or incurred any
liability or obligation under WARN Act or any similar state or local law that remains unsatisfied. Except with the prior written
consent of the Company, no terminations prior to the Closing by Parent or any Parent Subsidiary will trigger any notice or other
obligations under the WARN Act or similar state or local law.</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;&nbsp;<FONT STYLE="background-color: white"><U>Section&nbsp;4.20(c)(i)</U>
of the Parent Disclosure Schedule&nbsp;contains a complete and accurate list of all employees of Parent and the Parent Subsidiaries
(&ldquo;<B>Parent Employees</B>&rdquo;) and Contingent Workers of Parent as of the date of this Agreement, setting forth for each
Parent Employee his or her position or title, whether classified as exempt or non-exempt for wage and hour purposes and, if exempt,
the type of exemption relied upon, whether paid on a salary, hourly or commission basis and the actual annual base salary or rates
of compensation, bonus potential, number of stock options (including amounts vested and unvested), date of hire, status (<I>i.e.</I>,
active or inactive and if inactive, the type of leave and estimated duration) and the total amount of bonus, retention, severance
and other amounts to be paid to such employee at the Closing or otherwise in connection with the Merger or upon the termination
of such employee. <U>Section&nbsp;4.20(c)(ii)</U> of the Parent Disclosure Schedule&nbsp;also contains a complete and accurate
list of all Contingent Workers of Parent, showing for each such Contingent Worker such individual&rsquo;s role in Parent&rsquo;s
business and fee or compensation arrangements and any retention or severance payments that could be owed to such Contingent Worker
in connection with the Merger or upon the termination of services of such Contingent Worker. Except as set forth on <U>Section&nbsp;4.20(c)(ii)</U>
of the Parent Disclosure Schedule, neither Parent nor any Parent Subsidiary is delinquent in any payments to any Parent Employee
or Contingent Worker of Parent for any wages, salaries, commissions, bonuses, fees or other direct compensation due with respect
to any services performed for it to the date hereof or amounts required to be reimbursed to such Parent Employee or Contingent
Worker of Parent. </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: 0.5in">Section&nbsp;4.21&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Matters</U>. (a) Parent and the Parent Subsidiaries are in compliance in all material respects with all applicable Environmental
Laws, which compliance includes obtaining, maintaining and complying with all Parent Permits required under Environmental Laws
for the operation of its business; (b)&nbsp;there is no enforcement proceeding or Legal Proceeding relating to or arising from
any noncompliance with, or Liability under, Environmental Laws (including, without limitation, relating to or arising from the
Release or threatened Release of, or exposure of any Person to, any Hazardous Materials) that is pending or, to the Knowledge of
Parent, threatened against Parent or any Parent Subsidiary relating to any real property owned, operated or leased by Parent or
a Parent Subsidiary; (c) since the Parent Lookback Date, neither Parent nor any Parent Subsidiary has received any written notice
of, or entered into, any Judgment involving uncompleted, outstanding or unresolved Liabilities or corrective or remedial obligations
relating to or arising under Environmental Laws (including, without limitation, relating to or arising from the Release or threatened
Release of, or exposure of any Person to, any Hazardous Materials); and (d) neither the execution of this Agreement by Parent nor
the consummation of the Transactions will require any investigation, remediation or other action with respect to Hazardous Materials,
or any notice to or consent of Governmental Entities, pursuant to any applicable Environmental Law. This <U>Section&nbsp;4.21</U><B>
</B>constitutes the sole and exclusive representation and warranty of Parent regarding environmental, health and safety matters,
including, without limitation, all matters arising under Environmental Laws.</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">Section&nbsp;4.22&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Real
Property</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
Parent nor any Parent Subsidiary owns any real property, has never owned any real property and is not party to any Contract to
purchase any real property. <U>Section&nbsp;4.22</U> of the Parent Disclosure Schedule sets forth a complete and accurate list
of all real property currently leased, subleased or licensed by or from Parent or any Parent Subsidiary, or otherwise used or occupied
by Parent or a Parent Subsidiary (the &ldquo;<B>Parent</B> <B>Leased Real Property</B>&rdquo;), including the name of the lessor,
licensor, sublessor, master lessor and/or lessee, the date and term of the lease, license, sublease or other occupancy right and
each amendment 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;&nbsp;Parent
has made available to the Company true, correct and complete copies of all Lease Agreements granting a right in or relating to
the Parent Leased Real Property; and there are no other Lease Agreements affecting the Parent Leased Real Property or to which
Parent or a Parent Subsidiary is bound, other than those identified in <U>Section&nbsp;4.22</U> of the Parent Disclosure Schedule.
All such Lease Agreements are legally valid and enforceable in accordance with their respective terms, and there is not, under
any of such Lease Agreements, any existing material default, or event of default (or event which with notice or lapse of time,
or both, would constitute a material default), and no rentals are past due. Neither Parent nor any Parent Subsidiary has received
any written notice of a default, alleged failure to perform, or any offset or counterclaim with respect to any such Lease Agreement,
which has not been fully remedied and withdrawn. Parent and the Parent Subsidiaries currently occupy all of the Parent Leased Real
Property for the operation of its 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: 0.5in">Section&nbsp;4.23&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: 0.5in">&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;Except
as set forth on <U>Section&nbsp;4.23</U> of the Parent Disclosure Schedule, Parent and the Parent Subsidiaries have filed all income
and other material Tax Returns required to be filed, and each such Tax Return is true, correct and complete in all material respects.
Except as set forth on <U>Section&nbsp;4.23</U> of the Parent Disclosure Schedule, all Taxes due and owing by Parent or any Parent
Subsidiary (whether or not shown on any Tax Return) have been paid or will be paid prior to the Closing. There are no Encumbrances
for Taxes (other than Permitted Encumbrances) upon any of the assets or property of Parent or any Parent Subsidiary.</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;&nbsp;Except
as set forth on <U>Section&nbsp;4.23</U> of the Parent Disclosure Schedule, since the Parent Lookback Date, neither Parent nor
any Parent Subsidiary has received from any Taxing Authority any (i)&nbsp;written notice indicating an intent to open an audit
or other review of any Taxes or Tax Returns of Parent or any Parent Subsidiary, (ii)&nbsp;written request for information related
to Taxes or Tax Returns of Parent or any Parent Subsidiary, or (iii)&nbsp;written notice of deficiency or proposed adjustment for
any amount of Tax proposed, asserted, or assessed against Parent or any Parent Subsidiary by any Taxing Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Neither
Parent nor any Parent Subsidiary is (nor has it ever been) a party to or bound by any Tax allocation or sharing agreement (other
than pursuant to the customary provisions of an agreement entered into in the ordinary course of business the primary purpose of
which is not related to Taxes, such as leases, licenses or credit agreements). Neither Parent nor any Parent Subsidiary (i) has
been a member of an Affiliated group filing a consolidated federal income Tax Return (other than a group, the common parent of
which was Parent), and (ii) had, and does not have any, liability for the Taxes of any other Person under Treasury Regulations
Section 1.1502-6 (or any similar provision of Law), as a transferee or successor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Neither
Parent nor any Parent Subsidiary 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. No written claim has ever been made and delivered to Parent or any Parent Subsidiary
by a Taxing Authority in a jurisdiction where Parent or such Parent Subsidiary does not file Tax Returns that Parent or such Parent
Subsidiary is or may be subject to taxation by that jurisdiction or that Parent or any Parent Subsidiary must file Tax Returns
in such 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
and the Parent Subsidiaries have withheld and paid all Taxes required to have been withheld and paid in connection with any amounts
paid or owing to any employee, independent contractor, creditor, stockholder or other third 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">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
has not knowingly taken any action (or failed to take any action) that would prevent the Merger from qualifying as a &ldquo;reorganization&rdquo;
within the meaning of Section 368(a) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Parent
has not been a party to any &ldquo;reportable transaction,&rdquo; as defined in Code Section 6707A(c)(1) and Treasury Regulation
Section 1.6011-4.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;4.24&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Proxy
Statement</U>. The Proxy Statement, at the date the Proxy Statement (and any amendment or supplement thereto) is first mailed to
the Parent stockholders and at the time of the Parent Stockholder Meeting (or any adjournment or postponement thereof), will not
contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in
order to make the statements therein, in light of the circumstances under which they were made, not misleading. The Proxy Statement
will, when filed, comply as to form in all material respects with the applicable requirements of the Securities Act and the Exchange
Act and will include a recommendation by the Parent Board to vote in favor of the Parent Stockholder Matters.</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">Section&nbsp;4.25&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Corporate
Books and Records</U>. The corporate minute books of Parent and the Parent Subsidiaries contain, in all material respects, accurate
records of all meetings and accurately reflect, in all material respects, all other actions taken by the stockholders, the Parent
Board, the board of directors of any Parent Subsidiary and all committees thereof. Complete and accurate copies of all corporate
minutes of Parent since January 1, 2015, have been provided by Parent to the Company.</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">Section&nbsp;4.26&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Approval
Required</U>. The Parent Stockholder Approval is the only vote of the stockholders of Parent necessary to approve the Parent Stockholder
Matters.</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">Section&nbsp;4.27&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Valid
Issuance</U>. The shares of Parent Stock to be issued as Merger Consideration will, when issued in accordance with the provisions
of this Agreement, have been duly authorized, and be validly issued, fully paid and non-assessable. The Parent Common Stock that
will be issuable upon conversion of the New Preferred Stock will have been duly authorized and reserved for issuance.</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: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">Article&nbsp;V<BR>
<BR>
COVENANTS</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: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;5.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct
of Business.</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as expressly permitted or required by this Agreement, as required by applicable Law or as set forth in <U>Section&nbsp;5.01(a)</U>
of the Company Disclosure Schedule (<I>provided</I> that no information disclosed in any section or subsection of the Company Disclosure
Schedule other than <U>Section&nbsp;5.01(a)</U> thereof will be deemed disclosed under <U>Section&nbsp;5.01(a)</U> thereof), during
the period from the date of this Agreement until the Effective Time, unless Parent otherwise consents in writing, the Company shall
(i)&nbsp;conduct its businesses only in the ordinary course of business and (ii) use commercially reasonable efforts to (A) maintain
and preserve intact its present lines of business and goodwill associated therewith, (B) maintain in effect all of its material
foreign, federal, state and local Company Permits, (C) maintain its rights and franchises and preserve satisfactory relationships
with Governmental Entities and employees and material customers, suppliers, distributors, contractors, creditors, licensors, licensees
and others having material business relationships with the Company, (D) keep available the services of its present directors and
officers and (E) comply in all material respects with all applicable 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;&nbsp;Without
limiting the generality of the foregoing, except as set forth in <U>Section&nbsp;5.01(a)</U> of the Company Disclosure Schedule
or as expressly permitted or required by this Agreement or as required by applicable Law, the Company shall not directly or indirectly
do any of the following without the prior written consent of Parent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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;issue,
sell or grant, or authorize the issuance, sale or grant of, any Company Securities;</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;redeem,
purchase or otherwise acquire, or offer to redeem, purchase or otherwise acquire, any Company Securities;</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;(A)
declare, authorize, set aside for payment or pay any dividend on, or make any other distribution in respect of, (whether in cash,
stock, property or any combination thereof) any shares of its capital stock or (B) adjust, split, combine, subdivide or reclassify
any shares of its capital stock;</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">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;incur,
create, assume, suffer to exist or otherwise become liable with respect to any Indebtedness;</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;make
any loans, advances or capital contributions to, or investments in, any other Person;</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;sell,
lease, license or otherwise transfer, abandon or permit to lapse, or create or incur any Encumbrance on (A) any Company Intellectual
Property or (B) any of its properties, securities, interests, businesses or assets, except (x) as required to be effected prior
to the Effective Time pursuant to Contracts in force on the date of this Agreement, or (y) dispositions of inventory, equipment
or other assets that are no longer used or useful in the conduct of the business of the Company;</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;make
any capital expenditures or incur any obligations or liabilities in respect thereof in an amount in excess of $5,000 in the aggregate;</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;make
any acquisition (including by merger, consolidation, acquisition of stock or assets or otherwise) of any material portion of the
assets or business or business division of any other Person;</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">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as required to ensure that an Company Plan is in compliance with applicable Law or to comply with the terms of any Company Plan,
(A) increase in any material respect the compensation, bonuses, fringe or other benefits of, or pay any bonus of any kind or amount
whatsoever to, any of the directors, officers, employees, former employees or consultants of the Company, except, in the case of
employees that are not officers or members of the Company Board, increases in salaries, wages and benefits of employees made in
the ordinary course of business; (B) except as contemplated by this Agreement, adopt, enter into, terminate or amend any Company
Plan (including changes with respect to funding obligations 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">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)
grant any severance, change of control, retention or termination benefits to any director, officer, employee, former employee or
consultant of the Company, except in the ordinary course of business with respect to an employee or independent contractor who
is not a member of the Company Board or an executive officer of the Company; (B) take any action to accelerate the vesting or payment
of any compensation or benefit under any Company Plan, except as provided in this Agreement; (C) hire any officer or other employee,
except to replace existing officers or employees in the ordinary course of business; (D) terminate the employment of any director,
officer, employee or consultant of the Company, except in the ordinary course of business;</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;make
any change to its methods of accounting, except as required by GAAP, as required by a Governmental Entity or quasi-Governmental
Entity (including the Financial Accounting Standards Board or any similar organization) or as required by applicable Law;</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;except
as required by applicable Law, make or change any material Tax election that is inconsistent with the Company&rsquo;s past practice,
change any material annual Tax accounting period, adopt or change any material method of Tax accounting, enter into any closing
agreement with respect to a material Tax, or settle any material Tax claim, audit or assessment;</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">(xiii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;settle,
or offer or propose to settle, any Legal Proceeding (except with respect to immaterial routine matters in the ordinary course of
business consistent with past practice);</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;(A)
amend or modify in any material respect or terminate any Company Material Contract or waive, release or assign any material rights
under a Company Material Contract or (B) except in the ordinary course of business, enter into any Contract that would, if entered
into prior to the date hereof, be a Company Material Contract;</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">(xv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend
the Governing Documents of the Company;</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">(xvi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;form
any Subsidiary;</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">(xvii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;adopt
a plan or agreement of complete or partial liquidation or dissolution or resolutions providing for a complete or partial liquidation,
dissolution, restructuring, recapitalization or other reorganization of the Company;</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">(xviii)&nbsp;&nbsp;&nbsp;&nbsp;take
any action that would reasonably be expected to prevent or materially impede, interfere with, hinder or delay the consummation
by Parent or any of its Subsidiaries of the Transactions;</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">(xix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;conduct
any research or development activities, including the conduct of any clinical trial or study, except for research and development
activities related to the goods and services of the Company in the ordinary course of business;</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">(xx)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;agree,
resolve or commit to take any of the foregoing actions; or</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">(xxi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
engage in any action that could reasonably be expected to cause the Merger to fail to qualify as a &ldquo;reorganization&rdquo;
under Section 368(a) of the Code, whether or not otherwise permitted by the provisions of this <U>Section&nbsp;5.01</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; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as expressly permitted or required by this Agreement, as required by applicable Law or as set forth in <U>Section&nbsp;5.01(c)</U>
of the Parent Disclosure Schedule (<I>provided</I> that no information disclosed in any section or subsection of the Parent Disclosure
Schedule other than <U>Section&nbsp;5.01(c)</U> thereof will be deemed disclosed under <U>Section&nbsp;5.01(c)</U> thereof), during
the period from the date of this Agreement until the Effective Time, unless the Company otherwise consents in writing, Parent and
the Parent Subsidiaries shall (i)&nbsp;conduct their respective businesses only in the ordinary course of business and (ii) use
reasonable best efforts to (A) maintain and preserve intact their respective present lines of business and goodwill associated
therewith, (B) maintain in effect all of their material foreign, federal, state and local Permits, (C) maintain their rights and
franchises and preserve satisfactory relationships with Governmental Entities and employees and material customers, suppliers,
distributors, contractors, creditors, licensors, licensees and others having material business relationships with Parent and the
Parent Subsidiaries, (D) keep available the services of its present directors and officers and (E) comply in all material respects
with all applicable Laws. Without limiting the generality of the foregoing, except as set forth in <U>Section&nbsp;5.01(c)</U>
of the Parent Disclosure Schedule or as expressly permitted or required by this Agreement or as required by applicable Law, neither
Parent nor any Parent Subsidiary shall directly or indirectly do any of the following without the prior written consent of the
Company:</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 0pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;issue,
sell or grant, or authorize the issuance, sale or grant of, any Parent Securities or Parent Subsidiary Securities;</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;redeem,
purchase or otherwise acquire, or offer to redeem, purchase or otherwise acquire, any Parent Securities or Parent Subsidiary Securities;</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;incur,
create, assume, suffer to exist or otherwise become liable with respect to any Indebtedness;</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;amend
the Governing Documents of Parent in a manner that would result in a Parent Material Adverse Effect; <I>provided</I>, that Parent
may cause its certificate of incorporation to be amended in connection with a reverse split of the outstanding Parent Common Stock;</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;form
any new Subsidiary;</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;adopt
a plan or agreement of complete or partial liquidation or dissolution or resolutions providing for a complete or partial liquidation,
dissolution, restructuring, recapitalization or other reorganization of Parent or any Parent Subsidiary;</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;take
any action that would reasonably be expected to prevent or materially impede, interfere with, hinder or delay the consummation
by Parent of the Transactions;</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;conduct
any research or development activities, including the conduct of any clinical trial or study, except for research and development
activities related to the products or services of Parent in the ordinary course of business as of the date hereof;</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">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;make
any loans, advances or capital contributions to, or investments in, any other Person;</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;sell,
lease, license or otherwise transfer, abandon or permit to lapse, or create or incur any Encumbrance on (A) any Parent Intellectual
Property or (B) any of its properties, securities, interests, businesses or assets, except (x) as required to be effected prior
to the Effective Time pursuant to Contracts in force on the date of this Agreement, or (y) dispositions of inventory, equipment
or other assets that are no longer used or useful in the conduct of the business of Parent or any Parent Subsidiary;</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;make
any capital expenditures or incur any obligations or liabilities in respect thereof in an amount in excess of $5,000 in the aggregate;</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">(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;make
any acquisition (including by merger, consolidation, acquisition of stock or assets or otherwise) of any material portion of the
assets or business or business division of any other Person;</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;except
as required to ensure that a Parent Plan is in compliance with applicable Law or to comply with the terms of a Parent Plan, (A)
increase in any material respect the compensation, bonuses, fringe or other benefits of, or pay any bonus of any kind or amount
whatsoever to, any of the directors, officers, employees, former employees or consultants of Parent or any Parent Subsidiary, except,
in the case of employees that are not officers or members of the Parent Board or increases in salaries, wages and benefits of employees
made in the ordinary course of business; (B) except as contemplated by this Agreement, adopt, enter into, terminate or amend any
Parent Plan (including changes with respect to funding obligations 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">(xiv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)
grant any severance, change of control, retention or termination benefits to any director, officer, employee, former employee or
consultant of Parent or any Parent Subsidiary, except in the ordinary course of business with respect to an employee or independent
contractor who is not a member of the Parent Board or an executive officer of Parent; (B) take any action to accelerate the vesting
or payment of any compensation or benefit under any Parent Plan, except as provided in this Agreement; (C) hire any officer or
other employee, except to replace existing officers or employees in the ordinary course of business; (D) terminate the employment
of any director, officer, employee or consultant of Parent, except in the ordinary course of business;</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">(xv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(A) adopt, enter into, terminate or amend any Parent Stock Plan, except as required by Law; or (B) grant any awards under any Parent
Stock Plan;</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">(xvi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;make
any change to its methods of accounting, except as required by GAAP, as required by a Governmental Entity or quasi-Governmental
Entity (including the Financial Accounting Standards Board or any similar organization) or as required by applicable Law;</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">(xvii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as required by applicable Law, make or change any material Tax election that is inconsistent with Parent&rsquo;s or any Parent
Subsidiary&rsquo;s past practice, change any material annual Tax accounting period, adopt or change any material method of Tax
accounting, or enter into any closing agreement with respect to a material Tax, settle any material Tax claim, audit or assessment;</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">(xviii)&nbsp;&nbsp;&nbsp;&nbsp;settle,
or offer or propose to settle, any Legal Proceeding (except with respect to immaterial routine matters in the ordinary course of
business consistent with past practice);</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">(xix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)
amend or modify in any material respect or terminate any Parent Material Contract or waive, release or assign any material rights
under a Parent Material Contract or (B) except in the ordinary course of business, enter into any Contract that would, if entered
into prior to the date hereof, be a Parent Material Contract; or</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">(xx)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;engage
in any action that could reasonably be expected to cause the Merger to fail to qualify as a &ldquo;reorganization&rdquo; under
Section 368(a) of the Code, whether or not otherwise permitted by the provisions of this <U>Section&nbsp;5.01</U>; or</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">(xxi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;agree,
resolve or commit to take any of the foregoing actions.</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; text-align: justify; text-indent: 0.5in">Section&nbsp;5.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Company
Member Approval</U>. The Company shall obtain the Company Member Approval promptly after the date hereof.</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">Section&nbsp;5.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Access
to Information; Confidentiality</U>. Subject to applicable Laws relating to the exchange of information, from the date hereof until
the earlier of the Effective Time or the date on which this Agreement is terminated in accordance with its terms, the Company on
the one hand and Parent on the other hand shall, and shall direct and use their respective reasonable best efforts to cause their
Representatives to, (i) afford to each other and their respective Representatives reasonable access during normal business hours
and upon reasonable advance notice to their books, Contracts, records, officers, employees, agents, properties, facilities and
other assets, (ii) furnish promptly to each other and their respective Representatives such financial and operating data and such
other information concerning their business and properties as such Persons may reasonably request, and (iii) instruct their Representatives
to cooperate with any investigation of a party to this Agreement; <I>provided</I> that all such parties and their respective Affiliates
and Representatives shall conduct any such activities in such a manner as not to interfere unreasonably with the business or operations
of the other party. Until the Effective Time, the information provided will be subject to the terms of the confidentiality letter
agreement, dated as of January 22, 2016 between Parent and the Company (as it may be amended from time to time, the &ldquo;<B>Confidentiality
Agreement</B>&rdquo;), and, without limiting the generality of the foregoing, the parties shall not, and shall cause their respective
Representatives not to, use such information for any purpose unrelated to the consummation of the Merger and the other Transactions.</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">Section&nbsp;5.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Private
Placement</U>. The Company shall promptly take such actions and cause the holders of Company Units to provide all documentation,
including investor questionnaires, reasonably requested by Parent to allow Parent to issue the Merger Shares to such holders in
a manner that satisfies the requirements of Rule 506 of Regulation D under the Securities Act, including certifications to Parent:
(a) that either (i) such holder is and will be, as of the Effective Time, an &ldquo;accredited investor&rdquo; (as such term is
defined in Rule 501 of Regulation D under the Securities Act) and as to the basis on which such holder is an accredited investor;
or (ii) such holder is not and will not be, as of the Effective Time, an &ldquo;accredited investor&rdquo;, in which case such
holder either alone or with such holder&rsquo;s purchaser representative has such knowledge and experience in financial and business
matters that such holder is capable of evaluating the merits and risks of the Merger Shares; and (iii) that the Merger Shares are
being acquired for such holder&rsquo;s account for investment only and not with a view towards, or with any intention of, a distribution
or resale thereof for at least a period of six (6) months following the Closing.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;5.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Preparation
of the Proxy Statement; Stockholders Meeting</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to receipt of Parent from the Company of the financial statements of the Company described in <U>Schedule II</U> required under
the rules of the Exchange Act to be included in the Proxy Statement, as promptly as reasonably practicable following the date of
this Agreement (and in any event within ten (10) Business Days after the date hereof), Parent shall prepare and file with the SEC
the Proxy Statement, and the Company shall cooperate with Parent with the preparation of the foregoing. Parent, with the Company&rsquo;s
cooperation, shall use its commercially reasonable efforts to respond as promptly as reasonably practicable to and resolve all
comments received from the SEC or its staff concerning the Proxy Statement as soon as practicable following the date of filing.
Parent will use its reasonable best efforts to (i)&nbsp;cause the Proxy Statement to be mailed to Parent&rsquo;s stockholders,
in each case as promptly as practicable after the SEC confirms that it has no further comments on the Proxy Statement and (ii)
ensure that the Proxy Statement, and any amendments or supplements thereto, comply in all material respects with the rules and
regulations promulgated by the SEC under the Exchange Act. The Company shall cooperate with Parent in connection with the preparation
and filing of the Proxy Statement, including promptly furnishing to Parent in writing upon request any and all information relating
to the Company as may be required to be set forth in the Proxy Statement under applicable Law and, shall prepare and deliver any
financial statements requested by the SEC in connection with preparation of the Proxy Statement. The Company agrees that such information
supplied by it in writing for inclusion (or incorporation by reference) in the Proxy Statement will not, on the date it is first
mailed to stockholders of Parent and at the time of the Parent Stockholders Meeting, contain any untrue statement of a material
fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in
light of the circumstances under which they were made, not misleading. If, at any time prior to the Effective Time, any information
relating to the Company or its Affiliates, officers or directors, should be discovered by the Company which should be set forth
in an amendment or supplement to the Proxy Statement so that the Proxy Statement would not include any untrue statement of a material
fact or omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they
were made, not misleading, the Company shall promptly notify Parent so that it may file with the SEC an appropriate amendment or
supplement describing such information and, to the extent required by Law, disseminate such amendment or supplement to the stockholders
of Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;In
connection with Parent&rsquo;s preparation and filing with the SEC of the Proxy Statement, Goodwin Procter LLP, counsel for the
Company, shall, if required by applicable Law, as jointly determined in good faith by Troutman Sanders LLP, counsel to Parent,
and Goodwin Procter LLP, opine on the accuracy of the disclosure contained in the portion of the Proxy Statement addressing the
Tax considerations applicable to the Merger in a form required by applicable Law, as jointly determined in good faith by Troutman
Sanders LLP and Goodwin Procter LLP. If the opinion required pursuant to this <U>Section&nbsp;5.05(b)</U> directly addresses the
tax-deferred nature of the Merger under Section 368 of the Code and/or Section 351 of the Code, then, if requested by Goodwin Procter
LLP, Troutman Sanders LLP, counsel for Parent, shall deliver an identical opinion. In rendering such opinion, Goodwin Procter LLP
and Troutman Sanders LLP, if applicable, may require and shall be entitled to rely upon representations of officers of Parent and
the Company reasonably satisfactory in form and substance to such counsel.</P>

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<P STYLE="margin: 0">&nbsp;&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;Parent
shall, as soon as reasonably practicable after the SEC confirms that it has no further comments on the Proxy Statement or that
Parent may commence mailing the Proxy Statement for the purpose of voting on the approval of the issuance of the Merger Consideration
to comply with NASDAQ Rule 5635(a) in accordance with applicable Law, Parent&rsquo;s Governing Documents and the NASDAQ rules,
duly give notice of, convene and hold a meeting of its stockholders to consider the adoption of the Parent Stockholder Matters
and such other matters as may be then legally required (including any adjournment or postponement thereof, the &ldquo;<B>Parent
Stockholders Meeting</B>&rdquo;). Any adjournment, delay or postponement of the Parent Stockholders Meeting shall require the prior
written consent of the Company.</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">Section&nbsp;5.06&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Mutual
Non-Solicitation</U>.<FONT STYLE="font-size: 10pt"></FONT></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">&nbsp;</FONT></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>No
Solicitation by the Company</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;Unless
and until this Agreement is terminated in accordance with the provisions of <U>Article&nbsp;VII</U>, without the prior written
consent of Parent, neither the Company nor any Representative of the Company shall directly or indirectly (A) initiate, solicit,
seek or knowingly encourage or support any inquiries, proposals or offers that constitute or may reasonably be expected to lead
to, an Acquisition Proposal, (B) engage or participate in, or knowingly facilitate, any discussions or negotiations regarding any
inquiries, proposals or offers that constitute, or may reasonably be expected to lead to, an Acquisition Proposal, (C)&nbsp;furnish
to any Person other than Parent or Merger Sub any non-public information that could reasonably be expected to be used for the purposes
of formulating any Acquisition Proposal, (D)&nbsp;waive, terminate, modify or release any Person (other than Parent and its Affiliates)
from any provision of or grant any permission, waiver or request under any &ldquo;standstill&rdquo; or similar agreement or obligation,
or (E) enter into any letter of intent, agreement in principle or other similar type of agreement relating to an Acquisition Proposal,
or enter into any agreement or agreement in principle requiring the Company to abandon, terminate or fail to consummate the transactions
contemplated hereby or resolve, propose or agree to do any of the foregoing; <I>provided</I>, <I>however</I>, that prior to obtaining
the Company Member Approval, the Company may take the following actions in response to an unsolicited <I>bona fide</I> written
Acquisition Proposal received by the Company or its Representatives after the date hereof that the Company Board has determined,
in good faith, after consultation with its outside counsel and independent financial advisors, constitutes, or would reasonably
be expected to lead to, a Company Superior Proposal: (1) furnish nonpublic information regarding the Company to the Person making
the Acquisition Proposal to the Company (a &ldquo;<B>Company Qualified Bidder</B>&rdquo;) and (2) engage in discussions or negotiations
with the Company Qualified Bidder and its representatives with respect to such Acquisition Proposal; <I>provided</I> that (w) the
Company receives from the Company Qualified Bidder an executed confidentiality agreement the terms of which are not less restrictive
to such Person than those contained in the Confidentiality Agreement, and containing additional provisions that expressly permit
the Company to comply with the terms of this <U>Section&nbsp;5.06</U> (a copy of such confidentiality agreement shall promptly,
and in any event within twenty-four (24) hours, be provided to Parent for informational purposes only), (x) the Company contemporaneously
supplies to Parent any such nonpublic information or access to any such nonpublic information to the extent it has not been previously
provided or made available to Parent, (y) the Company has not breached this <U>Section&nbsp;5.06</U>, and (z) the Company Board
determines in good faith, after consultation with its outside legal counsel and financial advisors, that failure to take such actions
would be inconsistent with the fiduciary duties of the Company Board under applicable Laws.</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;Except
as otherwise provided in <U>Section&nbsp;5.06(a)(iii)</U>, neither the Company Board nor any committee of the Company Board shall
fail to make, withhold, withdraw, amend, change, qualify or publicly propose to withhold, withdraw, amend, change or qualify in
a manner adverse to Parent, the recommendation by the Company Board to the members of the Company to vote in favor and adopt the
matters set forth in the Company Member Approval, knowingly make any public statement inconsistent with such recommendation, fail
to recommend against acceptance of any Acquisition Proposal within ten (10) Business Days after the public announcement of any
such Acquisition Proposal, approve, adopt, recommend or propose publicly to approve, adopt or recommend any Acquisition Proposal,
or make any public statement inconsistent with its recommendation (any action described in this sentence being referred to as a
&ldquo;<B>Company Change of Recommendation</B>&rdquo;).</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;Notwithstanding
the foregoing, if at any time prior to obtaining the Company Member Approval, the Company receives a <I>bona fide</I>, unsolicited
Acquisition Proposal that the Company Board concludes in good faith, after consultation with its outside legal counsel and financial
advisors, constitutes a Superior Proposal, and the Company Board determines in good faith (after consultation with outside legal
counsel) that the failure to make such Company Change of Recommendation or enter into such definitive agreement would be inconsistent
with the fiduciary duties of the Company Board under applicable Laws, the Company Board may (A) effect a Company Change of Recommendation,
and/or (B) enter into a definitive agreement with respect to such Superior Proposal and terminate this Agreement; <I>provided</I>,
<I>however</I> that the Company shall not take any action pursuant to the foregoing <U>clause (B)</U>, and any entry into an agreement
or purported termination of this Agreement pursuant to the foregoing <U>clause (B)</U> shall be void and of no force or effect,
unless the Company has complied with this <U>Section&nbsp;5.06</U> and the Company pays the fee set forth in and in accordance
with <U>Section&nbsp;7.03</U>; <I>provided</I> <I>further</I>, <I>however</I>, that such actions in the foregoing <U>clauses (A)</U>
and <U>(B)</U> may only be taken at a time that is after (I) the fifth&nbsp;(5<SUP>th</SUP>) Business Day following Parent&rsquo;s
receipt of written notice from the Company that the Company Board and/or a committee thereof is prepared to take such action (which
notice will specify the material terms of the applicable Acquisition Proposal), and (B) at the end of such period, the Company
Board and/or a committee thereof determines in good faith, after taking into account all amendments or revisions irrevocably committed
to by Parent and after consultation with the Company&rsquo;s outside legal counsel and financial advisors, that such Acquisition
Proposal remains a Superior Proposal. During any such five (5) Business Day period (the &ldquo;<B>Company Notice Period</B>&rdquo;),
Parent shall be entitled to deliver to the Company one or more counterproposals to such Acquisition Proposal and the Company will,
and cause its Representatives to, negotiate with Parent in good faith (to the extent Parent desires to negotiate) to make such
adjustments in the terms and conditions of this Agreement so that the applicable Acquisition Proposal ceases to constitute a Superior
Proposal. In the event of any material revision to the terms of any Superior Proposal, including any revision in price, the Company
Notice Period shall be extended, if applicable, to ensure that at least three (3) Business Days remain in the Company Notice Period
subsequent to the time that the Company notifies Parent of any such material revision (it being understood that there may be multiple
extensions).</P>

<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 0 0pt 0.5in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nothing
in this <U>Section&nbsp;5.06</U> shall prohibit the Company Board from making any disclosure to the members of the Company, if,
in the good faith judgment of the Company Board, after consultation with its outside legal counsel, failure to make such disclosure
would be inconsistent with its fiduciary duties under applicable 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;&nbsp;<U>No
Solicitation by Parent</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;Unless
and until this Agreement is terminated in accordance with the provisions of <U>Article&nbsp;VII</U>, without the prior written
consent of the Company, none of Parent, its Subsidiaries or any Representative of Parent or any of its Subsidiaries shall directly
or indirectly (A) initiate, solicit, seek or knowingly encourage or support any inquiries, proposals or offers that constitute
or may reasonably be expected to lead to, an Acquisition Proposal, (B) engage or participate in, or knowingly facilitate, any discussions
or negotiations regarding any inquiries, proposals or offers that constitute, or may reasonably be expected to lead to, an Acquisition
Proposal, (C) furnish to any Person other than the Company any non-public information that could reasonably be expected to be used
for the purposes of formulating any Acquisition Proposal, (D) waive, terminate, modify or release any Person (other than the Company
and its Affiliates) from any provision of or grant any permission, waiver or request under any &ldquo;standstill&rdquo; or similar
agreement or obligation, or (E) enter into any letter of intent, agreement in principle or other similar type of agreement relating
to an Acquisition Proposal, or enter into any agreement or agreement in principle requiring Parent to abandon, terminate or fail
to consummate the transactions contemplated hereby or resolve, propose or agree to do any of the foregoing; <I>provided</I>,<I>
however</I>, that prior to the approval of the Parent Stockholder Matters at the Parent Stockholder Meeting, Parent may take the
following actions in response to an unsolicited <I>bona fide</I> written Acquisition Proposal received by Parent or its Representatives
after the date hereof that the Parent Board has determined, in good faith, after consultation with its outside counsel and independent
financial advisors, constitutes, or would reasonably be expected to lead to, a Superior Proposal: (1) furnish nonpublic information
regarding Parent to the Person making the Acquisition Proposal (a &ldquo;<B>Parent Qualified Bidder</B>&rdquo;); and (2) engage
in discussions or negotiations with the Parent Qualified Bidder and its representatives with respect to such Acquisition Proposal;
<I>provided</I> that (w) Parent receives from the Parent Qualified Bidder an executed confidentiality agreement the terms of which
are not less restrictive to such Person than those contained in the Confidentiality Agreement, and containing additional provisions
that expressly permit Parent to comply with the terms of this <U>Section&nbsp;5.06</U> (a copy of such confidentiality agreement
shall promptly, and in any event within twenty-four&nbsp;(24) hours, be provided to the Company for informational purposes only),
(x) Parent contemporaneously supplies to the Company any such nonpublic information or access to any such nonpublic information
to the extent it has not been previously provided or made available to the Company, (y) Parent has not breached this <U>Section&nbsp;5.06</U>,
and (z) the Parent Board determines in good faith, after consultation with its outside legal counsel, that failure to take such
actions would be inconsistent with the fiduciary duties of the Parent Board under applicable Laws.</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;Except
as otherwise provided in <U>Section&nbsp;5.06(b)(iii)</U>, neither the Parent Board nor any committee of the Parent Board shall
fail to make, withhold, withdraw, amend, change, qualify or publicly propose to withhold, withdraw, amend, change or qualify in
a manner adverse to the Company, the recommendation by the Parent Board that the stockholders of Parent vote in favor and adopt
the Parent Stockholder Matters, knowingly make any public statement inconsistent with such recommendation, fail to recommend against
acceptance of an Acquisition Proposal within ten (10) Business Days after the public announcement of any such Acquisition Proposal,
approve, adopt, recommend or propose publicly to approve, adopt or recommend any Acquisition Proposal, or make any public statement
inconsistent with its recommendation (any action described in this sentence being referred to as a &ldquo;<B>Parent Change of Recommendation</B>&rdquo;).</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;Notwithstanding
the foregoing, if at any time prior to the approval of the Parent Stockholder Matters at the Parent Stockholder Meeting, Parent
receives a <I>bona fide</I>, unsolicited Acquisition Proposal that the Parent Board concludes in good faith, after consultation
with its outside legal counsel and financial advisors, constitutes a Superior Proposal, and the Parent Board determines in good
faith (after consultation with outside legal counsel) that failure to make such Parent Change of Recommendation or enter into such
definitive agreement would be inconsistent with the fiduciary duties of the Parent Board under applicable Laws, the Parent Board
may (A) effect a Parent Change of Recommendation, and/or (B) enter into a definitive agreement with respect to such Superior Proposal
and terminate this Agreement; <I>provided</I>, <I>however</I> that neither Parent nor Merger Sub shall not take any action pursuant
to the foregoing <U>clause (B)</U>, and any entry into an agreement or purported termination of this Agreement pursuant to the
foregoing <U>clause (B)</U> shall be void and of no force or effect, unless Parent has complied with this <U>Section&nbsp;5.06</U>
and Parent pays the fee set forth in and in accordance with <U>Section&nbsp;7.03</U>; <I>provided</I> <I>further</I>, <I>however</I>,
that such actions in the foregoing <U>clauses (A)</U> and <U>(B)</U> may only be taken at a time that is after (I) the fifth&nbsp;(5<SUP>th</SUP>)
Business Day following the Company&rsquo;s receipt of written notice from Parent that the Parent Board and/or a committee thereof
is prepared to take such action (which notice will specify the material terms of the applicable Acquisition Proposal), and (II)
at the end of such period, the Parent Board and/or a committee thereof determines in good faith, after taking into account all
amendments or revisions irrevocably committed to by the Company and after consultation with Parent&rsquo;s outside legal counsel
and financial advisors, that such Acquisition Proposal remains a Superior Proposal. During any such five (5) Business Day period
(the &ldquo;<B>Parent Notice Period</B>&rdquo;), the Company shall be entitled to deliver to Parent one or more counterproposals
to such Acquisition Proposal and Parent will, and cause its Representatives to, negotiate with the Company in good faith (to the
extent the Company desires to negotiate) to make such adjustments in the terms and conditions of this Agreement so that the applicable
Acquisition Proposal ceases to constitute a Superior Proposal. In the event of any material revision to the terms of any Superior
Proposal, including any revision in price, the Parent Notice Period shall be extended, if applicable, to ensure that at least three
(3) Business Days remain in the Parent Notice Period subsequent to the time that Parent notifies the Company of any such material
revision (it being understood that there may be multiple extensions).</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">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nothing
in this <U>Section&nbsp;5.06</U> shall prohibit Parent from complying with Rule 14e-2 or Rule 14d-9 promulgated under the Exchange
Act with regard to an Acquisition Proposal, respectively, or from Parent Board making any disclosure to the Parent Stockholders
if, in the good faith judgment of the Parent Board, after consultation with its outside legal counsel, that failure to take such
action or make such disclosure would be inconsistent with its fiduciary duties under applicable Laws.</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;&nbsp;Both
the Company and Parent shall notify the other as promptly as practicable, and in no event later than twenty-four (24) hours after
receipt of any inquiries, discussions, negotiations, proposals or expressions of interest with respect to an Acquisition Proposal
received by Parent or the Company, as applicable, and any such notice shall be made orally and in writing and shall indicate in
reasonable detail the terms and conditions of such proposal, inquiry or contact, including price, and the identity of the offeror.
Both the Company and Parent shall keep the other fully informed, on a current basis, of the status and material developments (including
any changes to the terms) of such Acquisition Proposal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="text-underline-style: double">&nbsp;</FONT></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
Company and Parent shall, and shall cause each of their respective Representatives to, immediately cease and cause to be terminated
any and all existing activities, discussions or negotiations with any Person conducted heretofore with respect to, or that may
reasonably be expected to lead to, an Acquisition Proposal, and shall use commercially reasonable efforts to cause any such Person
(or its agents or advisors) in possession of non-public information in respect of the Company, Parent or any Subsidiaries of Parent
that was furnished on or behalf of the Company or Parent (as applicable) to return or destroy (and confirm destruction of) all
such information. The Company and Parent agree that any breach of this Section&nbsp;5.06 by any Subsidiary, Affiliate or Representative
of the Company or Parent shall constitute a breach of this Section&nbsp;5.06 by the Company or Parent, as 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Company nor Parent will exempt any Persons for any state takeover Law or waive the provisions of Section 203 of the DGCL, except
in connection with a Superior Proposal.</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">Section&nbsp;5.07&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consents</U>.
The Company shall obtain all necessary consents, waivers and approvals of any parties to any Contracts and/or Company Permits,
and give all necessary notices to such parties, as are required thereunder in connection with the Merger or for any such Contracts
or Company Permits to remain in full force and effect, all of which are required to be listed in <U>Section&nbsp;5.07(a)</U> of
the Company Disclosure Schedule so as to preserve all rights of, and benefits to, the Company under such Contract or Permit from
and after the Effective Time (the &ldquo;<B>Company Required Consents</B>&rdquo;). The Company Required Consents shall be in a
form reasonably satisfactory to Parent, and the Company shall consult with Parent and provide Parent with an opportunity to participate
in the discussions with each counterparty to a Company Required Consent. Parent shall obtain all necessary consents, waivers and
approvals of any parties to any Contracts and/or Parent Permits, and give all necessary notices to such parties, as are required
thereunder in connection with the Merger or for any such Contracts or Parent Permits to remain in full force and effect, all of
which are required to be listed in <U>Section&nbsp;5.07(a)</U> of the Parent Disclosure Schedule so as to preserve all rights of,
and benefits to, Parent under such Contract or Permit from and after the Effective Time (the &ldquo;<B>Parent Required Consents</B>&rdquo;).
The Parent Required Consents shall be in a form reasonably satisfactory to the Company, and Parent shall consult with the Company
and provide the Company with an opportunity to participate in the discussions with each counterparty to a Parent Required Consent.</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">Section&nbsp;5.08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Efforts</U>.
Subject to the terms and conditions provided in this Agreement, each of the parties shall use its commercially reasonable efforts
to take promptly, or cause to be taken promptly, all actions, and to do promptly, or cause to be done promptly, all things necessary,
proper or advisable under applicable laws and regulations to consummate and make effective the Transactions, to cause all conditions
to the obligations of the other parties hereto to effect the Merger to occur, to obtain all necessary waivers, consents, approvals
and other documents required to be delivered hereunder and to effect all necessary registrations and filings and to remove any
injunctions or other impediments or delays, legal or otherwise, in order to consummate and make effective the transactions contemplated
by this Agreement for the purpose of securing to the parties hereto the benefits contemplated by this Agreement; <I>provided</I>,<U>
</U><I>however</I>, that no party to this Agreement shall be required to agree to (a) any license, sale or other disposition or
holding separate (through establishment of a trust or otherwise) of any shares of capital stock or of any business, assets or properties
of such party, its subsidiaries or Affiliates, (b) the imposition of any limitation on the ability of such party, its subsidiaries
or Affiliates to conduct their respective businesses or own any capital stock or assets or to acquire, hold or exercise full rights
of ownership of their respective businesses, or (c) the imposition of any impediment on such party, its subsidiaries or Affiliates
under any statute, rule, regulation, executive order, decree, order or other legal restraint governing competition, monopolies
or restrictive trade practices. Nothing herein shall require Parent or the Company to litigate with any Governmental Entity.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;5.09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Employment
Arrangements</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;&nbsp;The
Company shall cause each employment agreement or other arrangement listed on <U>Section&nbsp;5.09(a)</U> of the Company Disclosure
Schedule to be terminated at or prior to the Effective Time, and Parent shall enter into the Employment Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Following
the date of this Agreement Parent shall use commercially reasonable efforts to assist the Company in identifying the Parent Employees
who should be retained by Parent following the Effective Time.&nbsp; Effective no later than immediately prior to the Effective
Time, Parent shall terminate all Parent Employees, except those designated by written notice by the Company (the &ldquo;<B>Continuing
Employees</B>&rdquo;), which notice shall be provided to Parent no later than five (5) Business Days prior to the Effective Time.&nbsp;
Parent shall require any Parent Employees that are not a Continuing Employees to execute a separation agreement or similar document,
including valid release of claims, in a form reasonably satisfactory to the Company as a condition to the receipt of severance
paid by the Parent.</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">Section&nbsp;5.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Listing</U>.
Parent shall use commercially reasonable efforts to maintain its existing listing on the NASDAQ Capital Market and cause the shares
of Parent Common Stock issued as Merger Consideration to be approved for listing on the NASDAQ Capital Market at or within a reasonable
period of time after the Effective Time.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;5.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Directors
and Officers</U>. Prior to the Effective Time, Parent will take all necessary action 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;&nbsp;Cause
the number of members of the Parent Board to be fixed at seven (7);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
cause, concurrently with the Effective Time:</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 that immediately following the issuance of Merger Shares at the Effective Time pursuant to <U>Section&nbsp;2.08</U>,
<U>Section&nbsp;2.08(c)</U> and <U>Section&nbsp;2.09</U>, but without giving effect to the New Preferred Stock Financing, the Company
Percentage will be equal to or less than 55.0%, (A) two (2)&nbsp;of such directors to be persons designated by the Company who
are identified as &ldquo;Company Director Designees&rdquo; on <U>Schedule III</U> (as such schedule may be amended by the Company
at any time prior to a date two (2)&nbsp;Business Days before the Effective Time) (the &ldquo;<B>Company Director Designees</B>&rdquo;),
(B) two (2)&nbsp;of such directors to be persons designated by the current Parent Board who are identified as &ldquo;Parent Director
Designees&rdquo; on <U>Schedule III</U> (the &ldquo;<B>Parent Director Designees</B>&rdquo;), (C) two (2) of such directors to
be persons designated by the holders of New Preferred Stock immediately following the New Preferred Stock Financing, who are identified
as &ldquo;Investor Director Designees&rdquo; on <U>Schedule III</U> (the &ldquo;<B>Investor Director Designees</B>&rdquo;), and
(D) one (1) such director to be a person not otherwise an Affiliate of any party to this Agreement or any purchaser of New Preferred
Stock (the &ldquo;<B>Independent Designees</B>&rdquo;);</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;In
the event that immediately following the issuance of Merger Shares at the Effective Time pursuant to <U>Section&nbsp;2.08</U>,
<U>Section&nbsp;2.08(c)</U> and <U>Section&nbsp;2.09</U>, but without giving effect to the New Preferred Stock Financing, the Company
Percentage will be greater than 55.0%, (A) three (3)&nbsp;of such directors to be Company Director Designees, (B) two (2)&nbsp;of
such directors to be Parent Director Designees, and (C) two (2) of such directors to be Investor Director Designees;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
obtain the necessary resignations of the directors of Parent serving immediately prior to the Effective Time who are not among
the directors designated above, which resignations will be effective concurrently with the effectiveness of the elections referred
to in <U>clauses (a)</U>&nbsp;and <U>(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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
cause the officers of Parent to be as of the Effective Time those persons identified as such on <U>Schedule IV</U> (as such schedule
may be mutually agreed by the parties at any time prior to a date that is two (2)&nbsp;Business Days before the Effective 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">If any Company Director
Designee or Investor Director Designee is, prior to the Effective Time, unable or unwilling to hold office beginning concurrently
with the Effective Time, the Persons entitled to designate such designee in accordance with <U>Section&nbsp;5.11(b)</U> will designate
another to be appointed as a director in his or her place; <I>provided</I> such person will comply with the applicable NASDAQ Capital
Market rules&nbsp;and NASDAQ listing requirements.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">If any Parent Director
Designee is, prior to the Effective Time, unable or unwilling to hold office beginning concurrently with the Effective Time, the
current Parent Board will designate another to be appointed as a director in his or her place; <I>provided</I> such person will
comply with the applicable NASDAQ Capital Market rules&nbsp;and NASDAQ listing requirements.</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">Section&nbsp;5.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
of Officers and Directors</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
the Effective Time through the sixth anniversary of the date on which the Effective Time occurs, Parent shall, and shall cause
the Surviving Entity to, jointly and severally, indemnify and hold harmless each person who is now, or has been at any time prior
to the date hereof, or who becomes prior to the Effective Time, a director, manager or officer of Parent or the Company (the &ldquo;<B>D&amp;O
Indemnified Parties</B>&rdquo;), against all claims, losses, liabilities, damages, judgments, fines and reasonable fees, costs
and expenses, including fees and disbursements of legal counsel, incurred in connection with any claim, action, suit, proceeding
or investigation, whether civil, criminal, administrative or investigative, arising out of or pertaining to the fact that the D&amp;O
Indemnified Party is or was a director, manager or officer of the Company, whether asserted or claimed prior to, at or after the
Effective Time, to the fullest extent permitted under the DGCL for directors or officers of Delaware corporations. Each D&amp;O
Indemnified Party will be entitled to advancement of expenses incurred in the defense of any such claim, action, suit, proceeding
or investigation from each of Parent and the Surviving Entity, jointly and severally, upon receipt by Parent or the Surviving Entity
from the D&amp;O Indemnified Party of a request therefor; <I>provided</I> that any person to whom expenses are advanced provides
an undertaking, to the extent required by the DGCL, other applicable Law or the applicable Governing Documents, to repay such advances
if it is ultimately determined that such person is not entitled to indemnification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
Governing Documents of Parent shall contain, and Parent shall cause the Governing Documents of the Surviving Entity to so contain,
provisions no less favorable with respect to indemnification, advancement of expenses and exculpation of present and former managers
and officers of the Company than are presently set forth in the Governing Documents of the Company which provisions shall not be
amended, modified or repealed for a period of six years&rsquo; time from the Effective Time in a manner that would adversely affect
the rights thereunder of individuals who, at or prior to the Effective Time, were officers or directors of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Prior
to the Closing, the Company shall obtain and pay for coverage to be extended through the purchase of &ldquo;tail&rdquo; insurance
coverage with at least the same coverage and amounts and containing terms and conditions that are not less advantageous to the
managers and officers of the Company as the Company&rsquo;s existing policies with respect to claims arising out of or relating
to events which occurred before or at the Effective Time (including in connection with the transactions contemplated by this Agreement)
(the &ldquo;<B>D&amp;O Tail Policy</B>&rdquo;). The Company shall bear the cost of the D&amp;O Tail Policy, and such costs, to
the extent not paid prior to the Closing, shall be included in the determination of Liabilities of the Company as of the Effective
Time. During the term of the D&amp;O Tail Policy, Parent shall not (and shall cause the Surviving Entity not to) take any action
following the Closing to cause the D&amp;O Tail Policy to be cancelled or any provision therein to be amended or waived; <I>provided</I>,
that neither Parent, the Surviving Entity nor any Affiliate thereof shall be obligated to pay any premiums or other amounts in
respect of such D&amp;O Tail Policy. If such &ldquo;tail&rdquo; coverage has been obtained at or prior to the Effective Time, Parent
shall, and shall cause the Surviving Entity to, cause such coverage to remain in full force and effect for its full term, and continue
to honor the obligations thereunder.</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;Parent
shall pay all expenses, including reasonable attorneys&rsquo; fees, that may be incurred by the persons referred to in this <U>Section&nbsp;5.12</U>
in connection with their enforcement of their rights provided in this <U>Section&nbsp;5.12</U> but only if and to the extent that
such persons are successful on the merits of such enforcement 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
provisions of this <U>Section&nbsp;5.12</U> are intended to be in addition to the rights otherwise available to the current and
former officers, managers and directors of Parent and the Company by law, charter, statute, bylaw or agreement, and shall operate
for the benefit of, and shall be enforceable by, each of the D&amp;O Indemnified Parties, their heirs and their representatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;In
the event Parent or the Surviving Entity or any of their respective successors or assigns (i) 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 (ii) transfers
all or substantially all 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 Entity, as the case may be, shall succeed to the obligations set
forth in this <U>Section&nbsp;5.12</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">Section&nbsp;5.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Tax
Matters</U>.<FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; text-align: justify">&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;Sellers
shall prepare and timely file (or, to the extent Sellers are not legally permitted or are otherwise unable to file such Tax Returns,
Parent shall timely file as prepared by Sellers) all Tax Returns of the Company that are required to be filed after the Closing
Date relating to a Tax period of the Company ending on or prior to the Closing, and all such Tax Returns shall be prepared in accordance
with applicable Law and past practices of the Company (to the extent such practices are consistent with applicable Law). Further,
Sellers shall be responsible for, and shall timely pay, all Taxes due and owing relating to all Tax periods ending on or prior
to the Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Unless
the parties agree the Merger does not qualify for the Intended Tax Treatment, (i) each of the parties hereto agree to use reasonable
best efforts not to take any action (or fail to take any action), either prior to or following the Closing that would prevent the
Merger from qualifying as a &ldquo;reorganization&rdquo; within the meaning of Section 368(a) of the Code, (ii) each of the parties
hereto shall use its reasonable best efforts to cause the Merger to qualify as a &ldquo;reorganization&rdquo; within the meaning
of Section 368(a) of the Code, (iii) Parent intends to continue the historic business of the Company after the Closing or use at
least a significant portion of the Company&rsquo;s historic business assets in a business within Parent&rsquo;s &ldquo;qualified
group&rdquo; (as defined in Treasury Regulations Section 1.368-1(d)(4)(ii)),&nbsp;(iv) Parent has no present plan or intention
to sell, transfer or otherwise dispose of any of its membership interest in the Surviving Entity following the Merger, and shall
not sell, transfer or otherwise dispose of any of its member interest in the Surviving Entity prior to the date that is three years
after the Effective Time, and (v) Parent has no present plan or intention to cause the Surviving Entity to issue additional equity
interests in the Surviving Entity following the Merger, that in either case would result in Parent&rsquo;s not having &ldquo;control&rdquo;
of the Surviving Entity within the meaning of Section 368(c) of the Code.&nbsp; Neither Parent nor any &ldquo;related person&rdquo;
(as defined in Treasury Regulations Section 1.368-1(e)(4)) to Parent has any plan or intention to redeem or reacquire, either directly
or indirectly, any of the Merger Shares issued to the Sellers in the Merger specifically.</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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall receive a properly executed statement, issued by the Company pursuant to Treasury Regulations Sections&nbsp;1.897-2(h) and
1.1445-2(c)(3) dated no more than thirty (30) days prior to the Closing Date and signed by an officer of the Company, and in form
and substance reasonably satisfactory to Parent, certifying that interests in the Company, including Company Units, do not constitute
&ldquo;United States real property interests&rdquo; under Section&nbsp;897(c) of the Code and the Company shall have provided notice
to the IRS in accordance with the provisions of Treasury Regulations Section 1.897-2(h)(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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
the date hereof, through, and after the Closing, Sellers, Parent, Company, and the Surviving Entity shall reasonably cooperate
and shall provide such assistance to the other party, and make available to the other party, as reasonably requested, the books
and records, documents, information or data, in each case relating to Taxes of the Company or Parent, as applicable, for taxable
periods ending on or prior to the Closing Date, including with respect to any &ldquo;loss transaction&rdquo; as defined in Treasury
Regulation Section 1.6011-4, for purposes of preparing or reviewing Tax Returns, for complying with or representing the Company&rsquo;s,
the Surviving Entity&rsquo;s, or Parent&rsquo;s interests in any Tax controversy or other investigative demand by a Governmental
Authority, for financial reporting or other SEC reporting purposes, or for any other legitimate Tax-related reason not injurious
to the other party, including with respect to making Tax representations in connection with any future transactions.</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; text-align: justify">Section&nbsp;5.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Stockholder
Litigation</U>. Until the earlier of the termination of this Agreement in accordance with its terms or the Effective Time, Parent,
on the one hand, and the Company, on the other hand, shall give the other party the opportunity to participate in the defense or
settlement of any stockholder or member litigation relating to this Agreement or any of the Transactions, and shall not settle
any such litigation without the other party&rsquo;s written consent, which will not be unreasonably withheld, conditioned or delayed.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in; text-align: justify">Section&nbsp;5.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Section&nbsp;16
Matters</U>. Prior to the Closing, the Parent Board shall use all reasonable efforts to approve in advance in accordance with the
procedures set forth in Rule 16b-3 promulgated under the Exchange Act any acquisitions and/or dispositions of equity securities
of Parent resulting from the Transactions by each Person who is subject to Section&nbsp;16 of the Exchange Act (or who will become
subject to Section&nbsp;16 of the Exchange Act as a result of the Transactions) with respect to equity securities of 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">Section&nbsp;5.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Form
S-3</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;&nbsp;Parent
agrees to promptly file with the SEC a &ldquo;shelf&rdquo; registration statement on Form S-3 or other appropriate form in connection
with the registration under the Securities Act of the Registrable Securities (the &ldquo;<B>Registration Statement</B>&rdquo;)
as soon as Parent is eligible to use Form S-3 following the Effective Time, but in no event later than the date following the earlier
of (x) the date that Parent files its annual report on Form 10-K for the year ended December 31, 2016 with the SEC and (y) March
30, 2017. Parent shall maintain the effectiveness of such Registration Statement thereafter for a period of two years after such
Registration Statement is declared effective by the SEC.</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;In
connection with the filing of the Registration Statement on Form S-3, Parent shall, as expeditiously as reasonably possible:</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;prepare
and file with the SEC such amendments and supplements to such Registration Statement, and the prospectus used in connection with
such Registration Statement, as may be necessary to comply with the Securities Act in order to enable the disposition of all Registrable
Securities covered by such Registration Statement;</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;furnish
to the holders selling such Registrable Securities (the &ldquo;<B>Selling Holders</B>&rdquo;) such numbers of copies of a prospectus,
including a preliminary prospectus, as required by the Securities Act, and such other documents as the holders may reasonably request
in order to facilitate their disposition of their Registrable Securities;</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;use
its commercially reasonable efforts to register and qualify the Registrable Securities covered by such Registration Statement under
such other securities or blue-sky laws of such jurisdictions as shall be reasonably requested by the Selling Holders; <I>provided</I>
that Parent shall not be required to qualify to do business or to file a general consent to service of process in any such states
or jurisdictions, unless Parent is already subject to service in such jurisdiction and except as may be required by the Securities
Act;</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;promptly
make available for inspection by the Selling Holders, any managing underwriters participating in any disposition pursuant to such
Registration Statement, and any attorney or accountant or other agent retained by any such underwriter or selected by the Selling
Holders, all financial and other records, pertinent corporate documents, and properties of Parent, and cause Parent&rsquo;s officers,
directors, employees, and independent accountants to supply all information reasonably requested by any such seller, underwriter,
attorney, accountant, or agent, in each case, as necessary or advisable to verify the accuracy of the information in such registration
statement and to conduct appropriate due diligence in connection therewith;</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;notify
each Selling Holder, promptly after Parent receives notice thereof, of the time when such Registration Statement has been declared
effective or a supplement to any prospectus forming a part of such registration statement has been filed; 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;after
such Registration Statement becomes effective, notify each Selling Holder of any request by the SEC that Parent amend or supplement
such registration statement or prospectus.</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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
expenses incurred in connection with registrations, filings, or qualifications pursuant to this <U>Section&nbsp;5.16</U>, including
all registration, filing, and qualification fees; printers&rsquo; and accounting fees; fees and disbursements of counsel for Parent
shall be borne and paid by Parent and underwriting discounts and commissions relating to Registrable Securities covered by such
registration statement shall be borne <I>pro rata</I> by the Selling Holders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;In
connection with the disposition of any Registrable Securities under the Registration Statement pursuant to <U>Section&nbsp;5.16</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;
To the extent permitted by law, Parent will indemnify and hold harmless each Selling Holder, and the partners, members, officers,
directors, and stockholders of each such Selling Holder and any underwriter (as defined in the Securities Act) for each such Selling
Holder; and each Person, if any, who controls such Selling Holder or underwriter within the meaning of the Securities Act or the
Exchange Act, against any Damages, and Parent will pay to each such Selling Holder, underwriter, controlling Person, or other aforementioned
Person any reasonable legal or other expenses reasonably incurred thereby in connection with investigating or defending any<FONT STYLE="text-underline-style: double"><U>
</U></FONT>claim or proceeding from which Damages may result, as such expenses are incurred; <I>provided, however</I>, that the
indemnity agreement contained in this <U>Section&nbsp;5.16(d)</U> shall not apply to amounts paid in settlement of any such claim
or proceeding if such settlement is effected without the consent of Parent, which consent shall not be unreasonably withheld, nor
shall Parent be liable for any Damages to the extent that they arise out of or are based upon actions or omissions made in reliance
upon and in conformity with written information furnished by or on behalf of any such Selling Holder, underwriter, controlling
Person, or other aforementioned Person expressly for use in connection with such registration.</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;To
the extent permitted by law, each Selling Holder, severally and not jointly, will indemnify and hold harmless Parent, and each
of its directors, each of its officers who has signed the Registration Statement, each Person (if any), who controls Parent within
the meaning of the Securities Act, legal counsel and accountants for Parent, any underwriter (as defined in the Securities Act),
any other Holder selling securities in such Registration Statement, and any controlling Person of any such underwriter or other
Selling Holder, against any Damages, in each case only to the extent that such Damages arise out of or are based upon actions or
omissions made in reliance upon and in conformity with written information furnished by or on behalf of such Selling Holder expressly
for use in connection with such registration; and each such Selling Holder will pay to Parent and each other aforementioned Person
any reasonable legal or other expenses reasonably incurred thereby in connection with investigating or defending any claim or proceeding
from which Damages may result, as such expenses are incurred; <I>provided, however</I>, that the indemnity agreement contained
in this <U>Section&nbsp;5.16(d)</U> shall not apply to amounts paid in settlement of any such claim or proceeding if such settlement
is effected without the consent of the Selling Holder, which consent shall not be unreasonably withheld; and <I>provided</I> <I>further</I>
that in no event shall the aggregate amounts payable by any Selling Holder by way of indemnity or contribution under <U>Section&nbsp;5.16(d)</U>
exceed the proceeds from the offering received by such Selling Holder (net of any selling expenses paid by such Selling Holder),
except in the case of fraud or willful misconduct by such Selling Holder.</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: 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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VI</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B>CONDITIONS TO THE MERGER</B></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">Section&nbsp;6.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to Each Party&rsquo;s Obligation to Effect the Merger</U>. The respective obligations of each party to effect the Merger shall
be subject to the fulfillment (or waiver by all parties, to the extent permitted by applicable Law) 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-align: 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
of the Company Member Approval and Parent Stockholder Approval shall have been obtained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;No
Governmental Order or any other Law shall have been adopted, issued, enacted, promulgated, enforced or entered by any Governmental
Entity that remains in effect and which has the effect of restraining, enjoining or otherwise prohibiting the consummation of the
Merger and the other Transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;No
Legal Proceeding pending, or overtly threatened in writing, by an official of a Governmental Entity in which such Governmental
Entity indicates that it intends to conduct any Legal Proceeding or taking any other action: (a)&nbsp;challenging or seeking to
restrain or prohibit the consummation of the Merger; (b)&nbsp;relating to the Merger and seeking to obtain from Parent, Merger
Sub or the Company any damages or other relief that may be material to Parent or the Company; or (c)&nbsp;seeking to prohibit or
limit in any material and adverse respect a party&rsquo;s ability to vote, transfer, receive dividends with respect to or otherwise
exercise ownership rights with respect to the stock of Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Parent
and the Persons listed on <U>Exhibit A</U> attached hereto shall have executed the Employment Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
New Preferred Stock Financing shall have been consummated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
existing shares of Parent Common Stock shall have been continually listed on the NASDAQ Capital Market as of and from the date
of this Agreement through the Closing Date, and the shares of Parent Common Stock issued in connection with the Merger shall have
been approved for listing (subject only to notice of issuance) on The NASDAQ Global Market or The NASDAQ Capital Market, effective
at the Effective Time.</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">Section&nbsp;6.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to Obligation of the Company to Effect the Merger</U>. The obligation of the Company to effect the Merger is further subject to
the fulfillment of, or the waiver by the Company, to the extent permitted by applicable Law, on or prior to the Effective Time
of, the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
representations and warranties of Parent and Merger Sub contained in this Agreement (i)&nbsp;shall have been true and correct as
of the date of this Agreement except for those representations and warranties which address matters only as of a particular date
(which representations shall have been true and correct as of such particular date) and (ii)&nbsp;shall be true and correct on
and as of the Closing Date with the same force and effect as if made on the Closing Date, except in each case where the failure
to be true and correct has not had, and would not reasonably be expected to have, a Parent Material Adverse Effect, it being understood
that, for purposes of determining the accuracy of such representations and warranties, any update of or modification to the Parent
Disclosure Schedule&nbsp;made or purported to have been made after the date of this Agreement shall be disregarded.</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;Parent
shall have performed in all material respects all obligations and complied in all material respects with all covenants required
by this Agreement to be performed or complied with by it prior to the Effective 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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
shall not have occurred and be continuing any event, occurrence, revelation or development of a state of circumstances or facts
which, individually or in the aggregate, has had or would reasonably be expected to have a Parent 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;&nbsp;Parent
shall have delivered to the Company a certificate, dated the Effective Time and signed by an executive officer of Parent, certifying
to the effect that the conditions set forth in <U>Sections 6.02(a)</U>, <U>6.02(b)</U> and <U>6.02(c)</U> have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Parent
shall have obtained the Parent Required Consents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Parent Board shall have been expanded in accordance with <U>Section&nbsp;5.11(a)</U> and the appropriate designees appointed to
the Parent Board in accordance with <U>Section&nbsp;5.11(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">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
counterparties set forth on <U>Section&nbsp;6.02(f)</U> of the Company Disclosure Schedules shall have agreed to reduce the aggregate
Liabilities of the Company to the amount set forth under the heading &ldquo;New Outstanding Indebtedness.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;A
Certificate of Amendment to Parent&rsquo;s certificate of incorporation setting forth the Charter Amendment shall have been duly
filed with the Secretary of State of the State of Delaware and be in full force and 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">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall have delivered to the Company a Lock-Up Agreement executed by Parent and each stockholder of Parent set forth on <U>Schedule
V</U> attached 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">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall have no outstanding Parent Closing Indebtedness as of immediately prior to the Effective 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">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall have delivered to the Company a counterpart signature page executed by Parent to each Lock-Up Agreement described in <U>Section&nbsp;6.03(f)</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">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall not have sold or issued, or entered into any agreement, commitment or arrangement to sell or issue, any New Preferred Stock
except for (i) the New Preferred Stock issuable upon the conversion of Parent Stockholder Indebtedness and (ii) the New Preferred
Stock sold and issued in the New Preferred Stock Financing.<FONT STYLE="font-size: 10pt"> </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">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall have removed all Tax assessments and cleared all Tax delinquencies set forth on <U>Section&nbsp;4.23</U> of the Parent Disclosure
Schedule (including all interest and penalties) with no further obligation or Liability of Parent with respect 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">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent
shall have performed and complied with its obligations under <U>Section&nbsp;5.09(b)</U> and shall have terminated all Parent Employees
other than the Continuing Employees and all severance, retention, change of control, COBRA or other payments with respect to such
Parent Employees shall have been either paid in full by Parent prior to Closing or included as a Liability of Parent in the Parent
Working Capital Deficit.</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">Section&nbsp;6.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to Obligation of Parent to Effect the Merger</U>. The obligation of Parent to effect the Merger is further subject to the fulfillment
of, or the waiver by Parent on or prior to the Effective Time of, the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
representations and warranties of the Company contained in this Agreement (i)&nbsp;shall have been true and correct as of the date
of this Agreement, except for those representations and warranties which address matters only as of a particular date (which representations
shall have been true and correct as of such particular date) and (ii)&nbsp;shall be true and correct on and as of the Closing Date
with the same force and effect as if made on the Closing Date, except in each case where the failure to be true and correct has
not had, and would not reasonably be expected to have, a Company Material Adverse Effect, it being understood that, for purposes
of determining the accuracy of such representations and warranties, any update of or modification to the Company Disclosure Schedule&nbsp;made
or purported to have been made after the date of this Agreement shall be disregarded.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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
Company shall have performed in all material respects all obligations required to be performed by it under this Agreement at or
prior to 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;&nbsp;There
shall not have occurred and be continuing any event, occurrence, revelation or development of a state of circumstances or facts
which, individually or in the aggregate, has had or would reasonably be expected to have a Company 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;&nbsp;The
Company shall have delivered to Parent a certificate, dated the Effective Time and signed by an executive officer of the Company,
certifying to the effect that the conditions set forth in <U>Sections 6.03(a)</U>, <U>6.03(b)</U> and <U>6.03(c)</U> have been
satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Company Unit Recapitalization shall have been effectuated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;The
Company shall have delivered to Parent a counterpart signature page to the Lock-Up Agreement executed by Sellers holding at least
a majority of the outstanding Merger Shares immediately following the Effective 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">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company shall have obtained the Company Required Consents.</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">Section&nbsp;6.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Frustration
of Closing Conditions</U>. Neither the Company nor Parent may rely, either as a basis for not consummating the Merger or terminating
this Agreement and abandoning the Merger, on the failure of any condition set forth in <U>Sections 6.01</U>, <U>6.02</U> or <U>6.03</U>,
as the case may be, to be satisfied if such failure was caused by such party&rsquo;s willful and material breach of any provision
of this Agreement or the willful and material breach of its obligation to use its reasonable best efforts to consummate the Merger
and the other Transactions. For purposes of this Agreement, &ldquo;willful and material breach&rdquo; shall mean a deliberate act
or a deliberate failure to act by an officer or other senior executive of the applicable party, which act or failure to act constitutes
in and of itself a material breach of this Agreement, and which breach was the conscious object of the act or failure to act.</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: 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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VII</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B>TERMINATION</B></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">Section&nbsp;7.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Termination</U>.
Subject to <U>Section&nbsp;7.02</U>, this Agreement may be terminated and the Merger abandoned at any time prior to the Closing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;by
mutual written consent of the Company and Parent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;by
either the Company or Parent, if the Merger has not been consummated by the date that is six (6) months following the date of this
Agreement, or such other date, if any, as the Company and Parent shall agree upon in writing (the &ldquo;<B>Termination Date</B>&rdquo;);
<I>provided</I>, <I>however</I>, that the right to terminate this Agreement under this <U>Section&nbsp;7.01(b)</U> shall not be
available to any party whose breach under this Agreement has been the cause of, or resulted in, the failure of the Closing to occur
on or before such 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;&nbsp;by
either the Company or Parent, if any Judgment, statute, Law, ordinance, rule, regulation or other legal restraint or prohibition
having the effects set forth in <U>Section&nbsp;6.01(b)</U> shall be in effect and shall have become final and non-appealable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;by
the Company, if Parent shall have breached or failed to perform in any material respect any of its representations, warranties,
covenants or other agreements contained in this Agreement, which breach or failure to perform (i) would give rise to the failure
of a condition set forth in <U>Section&nbsp;6.02(a)</U> or <U>(b)</U> and (ii) is incapable of being cured or has not been cured
by Parent within thirty (30) calendar days after written notice has been given by the Company to Parent of such breach or failure
to perform;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;by
Parent, if the Company shall have breached or failed to perform in any material respect any of its representations, warranties,
covenants or other agreements contained in this Agreement, which breach or failure to perform (i) would give rise to the failure
of a condition set forth in <U>Section&nbsp;6.03(a)</U> or <U>(b)</U> and (ii) is incapable of being cured or has not been cured
by the Company within thirty (30) calendar days after written notice has been given by Parent to the Company of such breach or
failure to perform;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;by
the Company (at any time prior to Parent obtaining Parent Stockholder Approval) if a Parent Triggering Event shall have occurred;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;by
Parent (at any time prior to the Company obtaining Company Member Approval) if a Company Triggering Event shall have occurred;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;by
Parent in connection with Parent entering into a definitive agreement to effect a Superior Proposal with respect to Parent; 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;by
the Company in connection with the Company entering into a definitive agreement to effect a Superior Proposal with respect to the
Company.</P>

<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 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The party desiring to terminate this Agreement shall give written
notice of such termination to the other 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">Section&nbsp;7.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effect
of Termination</U>. Upon the termination of this Agreement pursuant to <U>Section&nbsp;7.01</U>, this Agreement shall forthwith
become null and void except for this <U>Section&nbsp;7.02</U>, <U>Section&nbsp;7.03</U> and <U>Article&nbsp;VIII</U>, which shall
survive such termination; <I>provided</I> that nothing herein shall relieve any party from liability for any willful or intentional
breach of a covenant of this Agreement prior to such termination. In addition, the Confidentiality Agreement shall not be affected
by 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">Section&nbsp;7.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Expenses;
Termination Fees</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;&nbsp;Except
as otherwise set forth in this Agreement, whether or not the Merger is consummated, all fees and expenses incurred in connection
with the Merger, this Agreement and the transactions contemplated by this Agreement, including the fees and disbursements of counsel,
financial advisors and accountants, shall be paid by the party hereto incurring such fees or expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
this Agreement is terminated by the Company or Parent pursuant to <U>Section&nbsp;7.01(f)</U> or <U>Section&nbsp;7.01(h)</U>, respectively,
Parent shall pay to the Company, by wire transfer of immediately available funds within three Business Days after termination of
the Agreement, a nonrefundable fee in an amount equal to $256,500.</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;If
this Agreement is terminated by Parent or the Company pursuant to <U>Section&nbsp;7.01(g)</U> or <U>Section&nbsp;7.01(i)</U>, respectively,
the Company shall pay to Parent, by wire transfer of immediately available funds within three Business Days after termination of
the Agreement, a nonrefundable fee in an amount equal to $256,500.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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;Each
party hereto acknowledges that the agreements contained in this <U>Section&nbsp;7.03</U> are an integral part of the Merger and
the transactions contemplated by this Agreement, and that, without these agreements, the parties would not enter into this Agreement;
accordingly, if either party fails to pay when due any amount payable by such party under <U>Section&nbsp;7.03(a)</U>&nbsp;or <U>Section&nbsp;7.03(b)</U>,
then (i)&nbsp;such party shall reimburse the other party for reasonable costs and expenses (including reasonable fees and disbursements
of counsel) incurred in connection with the collection of such overdue amount and the enforcement by the other party of its rights
under this <U>Section&nbsp;7.03</U>, and (ii)&nbsp;such party shall pay to the other party interest on such overdue amount (for
the period commencing as of the date such overdue amount was originally required to be paid and ending on the date such overdue
amount is actually paid to the other party in full) at a rate per annum equal to the &ldquo;prime rate&rdquo; (as announced by
Bank of America or any successor thereto) in effect on the date such overdue amount was originally required to be paid.</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: 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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VIII</B></FONT><BR>
<BR>
<FONT STYLE="text-transform: uppercase"><B>MISCELLANEOUS</B></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">Section&nbsp;8.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Non-Survival
of Representations and Warranties</U>. <FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;None of the representations and warranties in this
Agreement or in any schedule, instrument or other document delivered pursuant to this Agreement shall survive the Effective Time.
This <U>Section&nbsp;8.01</U> shall not limit any covenant or agreement of the parties which by its terms contemplates performance
after the Effective Time.</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">Section&nbsp;8.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entire
Agreement; Assignment</U>.<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Agreement, the Company Disclosure Schedule, the Parent Disclosure
Schedule and the annexes and exhibits hereto, together with the other instruments referred to therein, including the Employment
Agreements (a)&nbsp;constitute the entire agreement among the parties hereto with respect to the subject matter hereof and supersede
all other prior agreements and understandings, both written and oral, among the parties hereto with respect to the subject matter
hereof and (b)&nbsp;shall not be assigned by any party hereto (whether by operation of law or otherwise), other than with the
prior written consent of Parent, Merger Sub and the Company. Any attempted assignment of this Agreement not in accordance with
the terms of this <U>Section&nbsp;8.02</U> shall be void.</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">Section&nbsp;8.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 facsimile (followed by overnight courier), E-mail (followed by
overnight courier), or by registered or certified mail (postage prepaid, return receipt requested) to the other parties hereto
as follows:</FONT></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, 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">Transgenomic, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">12325 Emmet Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Omaha, NE 68164</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Email: pkinnon@transgenomic.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Facsimile: (402) 452-5401</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">Troutman Sanders LLP</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">1001 Haxall Point</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Richmond, VA 23219</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Email: johnowen.gwathmey@troutmansanders.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Facsimile: (804) 698-5174</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, 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">Precipio Diagnostics, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">4 Science Park</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">New Haven, CT 06511</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Attention: Ilan Danieli, Chief Executive Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Email: idanieli@precipiodx.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Facsimile: (203) 901-1289&#9;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">620 Eighth Avenue</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">New York, NY 10018</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: 14%">&nbsp;</TD>
    <TD STYLE="width: 10%">Attention:</TD>
    <TD STYLE="width: 76%">Stephen M. Davis</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Andrew Goodman</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Email:&nbsp;&nbsp;</TD>
    <TD>SDavis@goodwinlaw.com</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>AGoodman@goodwinlaw.com</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Facsimile:</TD>
    <TD>(646) 558-4078</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>(212) 937-3172</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.75in; text-indent: -0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">or such other address or facsimile number
as such party may hereafter specify by like notice to the other parties hereto. All such notices, requests and other communications
shall be deemed received on the date of receipt by the recipient thereof if received prior to 5:00 p.m. in the place of receipt
and such day is a Business Day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed not
to have been received until the next succeeding Business Day in the place of receipt.</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">Section&nbsp;8.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Public
Announcements</U>. No party hereto shall make, or cause to be made, any press release or public announcement in respect of this
Agreement or the Transactions or otherwise communicate with any news media without the prior written consent of Parent and the
Company, and the parties hereto shall cooperate as to the timing and contents of any such press release, public announcement or
communication, (a)&nbsp;unless, in the reasonable opinion of counsel, such communication is required by applicable Law, in which
case the parties hereto shall use their reasonable best efforts to allow Parent to review such press release, announcement or communication
prior to its issuance, distribution or publication, (b)&nbsp;except for disclosure made in connection with the enforcement of any
right or remedy relating to this Agreement or the Transactions or thereby or (c) except for disclosure made in connection with
the Proxy Statement or the Parent Stockholder Meeting or otherwise required by the Securities Act, the Exchange Act or the rules
of NASDAQ.</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">Section&nbsp;8.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governing
Law; Jurisdiction</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;&nbsp;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-align: 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
of the parties hereto hereby agrees that (i) all actions and proceedings arising out of or relating to this Agreement shall be
heard and determined in the Chancery Court of the State of Delaware and any state appellate court therefrom sitting in New Castle
County in the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction over a particular
matter, any state or federal court within the State of Delaware), (ii) agrees that it will not attempt to deny or defeat such personal
jurisdiction by motion or other request for leave from any such court and (iii) a final Judgment in any action or proceeding shall
be conclusive and may be enforced in other jurisdictions by suit on the Judgment or in any other manner provided by Law.</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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
party irrevocably consents to the service of process outside the territorial jurisdiction of the courts referred to in this <U>Section&nbsp;8.05</U>
in any such action or proceeding by mailing copies thereof by registered or certified United States mail, postage prepaid, return
receipt requested, to its address as specified in <U>Section&nbsp;8.03</U>. However, the foregoing shall not limit the right of
a party to effect service of process on the other party by any other legally available method.</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">Section&nbsp;8.06&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Construction;
Interpretation</U>. The term &ldquo;this Agreement&rdquo; means this Agreement and Plan of Merger together with all Schedules and
Exhibits hereto, as the same may from time to time be amended, modified, supplemented or restated in accordance with the terms
hereof. The headings contained in this Agreement are inserted for convenience only and shall not affect in any way the meaning
or interpretation of this Agreement. No party hereto, nor its respective counsel, shall be deemed the drafter of this Agreement
for purposes of construing the provisions hereof, and all provisions of this Agreement shall be construed according to their fair
meaning and not strictly for or against any party. Unless otherwise indicated to the contrary herein by the context or use thereof:
(i)&nbsp;the words &ldquo;herein,&rdquo; &ldquo;hereto,&rdquo; &ldquo;hereof&rdquo; and words of similar import refer to this Agreement
as a whole, including the Schedules and Exhibits, and not to any particular section, subsection,&nbsp;paragraph, subparagraph&nbsp;or
clause&nbsp;contained in this Agreement; (ii)&nbsp;masculine gender shall also include the feminine and neutral genders, and vice
versa; (iii)&nbsp;words importing the singular shall also include the plural, and vice versa; and (iv)&nbsp;the words &ldquo;include,&rdquo;
&ldquo;includes&rdquo; or &ldquo;including&rdquo; shall be deemed to be followed by the words &ldquo;without limitation.&rdquo;</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">Section&nbsp;8.07&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Exhibits
and Schedules</U>. All Exhibits and Schedules or other documents expressly referenced in this Agreement are hereby incorporated
into this Agreement and are hereby made a part hereof as if set out in full in this Agreement. Any item disclosed on any Schedule
referenced by a particular representation and warranty in this Agreement shall be deemed to have been disclosed with respect to
other representations and warranties in this Agreement to the extent such item is disclosed in a way as to make its relevance to
such other representations and warranties reasonably apparent on its face. The specification of any dollar amount in the representations
or warranties contained in this Agreement or the inclusion of any specific item in any Schedule is not intended to imply that such
amounts, or higher or lower amounts or the items so included or other items, are or are not material, and no party shall use the
fact of the setting of such amounts or the inclusion of any such item in any dispute or controversy as to whether any obligation,
items or matter not described herein or included in a Schedule is or is not material for purposes 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">Section&nbsp;8.08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Parties
in Interest</U>. This Agreement shall be binding upon and inure solely to the benefit of each party hereto (and its permitted 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; <I>provided</I>, <I>however</I>, that the holders of Company Securities
as of immediately prior to the Effective Time shall be third-party beneficiaries of <U>Section&nbsp;5.13Section&nbsp;5.13(b)(iv)</U>
with the right to enforce the covenants and obligations of Parent set forth therein.</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">Section&nbsp;8.09&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 unenforceable, all other provisions of this Agreement shall
remain in full force and effect so long as the economic or legal substance of the Transactions is not affected in any manner materially
adverse to any party. Upon such determination that any term or other provision is invalid, illegal or unenforceable, 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 a mutually acceptable manner in order that the transactions contemplated by this Agreement are consummated as originally
contemplated to the greatest extent possible.</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">Section&nbsp;8.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendment</U>.
Prior to the Effective Time, subject to applicable Law (including the DGCL and DLLCA) and <U>Section&nbsp;8.11</U>, this Agreement
may be amended or modified only by a written agreement executed and delivered by duly authorized officers of Parent, Merger Sub
and the Company. This Agreement may not be modified or amended except as provided in the immediately preceding sentence and any
purported amendment by any party or parties hereto effected in a manner which does not comply with this <U>Section&nbsp;8.10</U>
shall be void.</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">Section&nbsp;8.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Extension;
Waiver</U>. At any time prior to the Effective Time, the Company may (a)&nbsp;extend the time for the performance of any of the
obligations or other acts of Parent or Merger Sub contained herein, (b)&nbsp;waive any inaccuracies in the representations and
warranties of Parent or Merger Sub contained herein or in any document, certificate or writing delivered by Parent or Merger Sub
pursuant hereto or (c)&nbsp;waive compliance by Parent or Merger Sub with any of the agreements or conditions contained herein.
At any time prior to the Effective Time, Parent may (i)&nbsp;extend the time for the performance of any of the obligations or other
acts of the Company contained herein, (ii)&nbsp;waive any inaccuracies in the representations and warranties of the Company contained
herein or in any document, certificate or writing delivered by the Company pursuant hereto or (iii)&nbsp;waive compliance by the
Company with any of the agreements or conditions contained herein. Any agreement on the part of any party hereto to any such extension
or waiver shall be valid only if set forth in a written instrument signed on behalf of such party. The failure of any party hereto
to assert any of its rights hereunder shall not constitute a waiver of such 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">Section&nbsp;8.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Counterparts;
Facsimile Signatures</U>. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original,
but all of which shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement
by facsimile or scanned pages shall be effective as delivery of a manually executed counterpart to 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">Section&nbsp;8.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Jury Trial</U>. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING BETWEEN
THE PARTIES HERETO ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS.</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">Section&nbsp;8.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Remedies</U>.
The parties hereto agree that immediate, extensive and irreparable damage would occur for which monetary damages would not be an
adequate remedy in the event that any of the provisions of this Agreement are not performed in accordance with their specific terms
or are otherwise breached. Accordingly, the parties agree that, if for any reason Parent, Merger Sub or the Company shall have
failed to perform its obligations under this Agreement or otherwise breached this Agreement, then the party seeking to enforce
this Agreement against such nonperforming party under this Agreement shall be entitled to specific performance and the issuance
of immediate injunctive and other equitable relief without the necessity of proving the inadequacy of money damages as a remedy,
and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining
of any such injunctive or other equitable relief, this being in addition to and not in limitation of any other remedy to which
they are entitled at Law or in equity.</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>

<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"><B>IN WITNESS WHEREOF</B>,
each of the parties has caused this Agreement and Plan of Merger to be duly executed on its behalf as of the day and year first
above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"><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>PRECIPIO DIAGNOSTICS, LLC</B></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; text-decoration: none">/s/ Ilan Danieli</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Ilan Danieli</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Chief Executive Officer</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>TRANSGENOMIC, INC.</B></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/ Paul Kinnon</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Paul Kinnon</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>President and Chief Executive Officer</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>NEW HAVEN LABS INC.</B></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/ Paul Kinnon</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Paul Kinnon</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>President</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 279.35pt; text-indent: -27.35pt">&nbsp;</P>


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

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

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

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<DOCUMENT>
<TYPE>EX-3.1
<SEQUENCE>3
<FILENAME>v450427_ex3-1.htm
<DESCRIPTION>EXHIBIT 3.1
<TEXT>
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</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 3.1</B></P>



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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Amendment to Amended and Restated Bylaws</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">New Sections 6 and 7 of Article VII are hereby inserted and read as follows:</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-indent: 0.5in">Section 6. <B><I>Exclusive Forum.</I></B>
Unless the Corporation consents in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware
shall be the sole and exclusive forum for (i) any derivative action or proceeding brought on behalf of the Corporation, (ii) any
action or proceeding asserting a claim of breach of a fiduciary duty owed by any current or former director, officer or other employee
or agent of the Corporation to the Corporation or the Corporation&rsquo;s stockholders or debtholders, (iii) any action asserting
a claim against the Corporation or any director or officer or other employee of the Corporation arising pursuant to any provision
of the Delaware General Corporation Law or the Certificate of Incorporation or Bylaws (in each case, as they may be amended from
time to time), (iv) any action asserting a claim against the Corporation or any current or former director or officer or other
employee or agent of the Corporation governed by the internal affairs doctrine or (v) any action asserting an &ldquo;internal corporate
claim&rdquo; as that term is defined in Section 115 of the General Corporation Law of the State of Delaware; <I>provided, however</I>,
that in the event that the Court of Chancery of the State of Delaware lacks jurisdiction over any such action or proceeding, the
sole and exclusive forum for such action or proceeding shall be another state or federal court located within 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 7. <B><I>Severability.</I></B> If
any provision of these Bylaws shall be held to be invalid, illegal or unenforceable as applied to any person or entity or circumstance
for any reason whatsoever, then, to the fullest extent permitted by law, the validity, legality and enforceability of such provision
in any other circumstance and of the remaining provisions of these Bylaws (including, without limitation, each portion of any sentence
of these Bylaws containing any such provision held to be invalid, illegal or unenforceable that is not itself held to be invalid,
illegal or unenforceable) and the application of such provision to other persons or entities or circumstances shall not in any
way be affected or impaired thereby.</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">&nbsp;</P>

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

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

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

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

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



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

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>v450427_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

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

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

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

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

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

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

<P STYLE="font: bold 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-indent: 0.5in">THIS VOTING AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;),
dated as of October &nbsp;&nbsp;, 2016, is made by and among Transgenomic, Inc., a Delaware corporation (&ldquo;<U>Parent</U>&rdquo;), Precipio
Diagnostics, LLC, a Delaware limited liability company (the &ldquo;<U>Company</U>&rdquo;), and the undersigned holder (&ldquo;<U>Stockholder</U>&rdquo;)
of shares of capital stock (the shares owned beneficially or of record by Stockholder, the &ldquo;<U>Shares</U>&rdquo;) 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, Parent, New Haven Labs Inc., a
Delaware corporation and a wholly owned subsidiary of Parent (&ldquo;<U>Merger Sub</U>&rdquo;), and the Company have entered into
an Agreement and Plan of Merger, dated of even date herewith (the &ldquo;<U>Merger Agreement</U>&rdquo;), providing for the merger
of Merger Sub with and into the Company (the &ldquo;<U>Merger</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, as of the date hereof, Stockholder
beneficially owns and has sole or shared voting power with respect to the number of Shares, and holds stock options or other rights
to acquire the number of Shares indicated opposite Stockholder&rsquo;s name on <U>Schedule 1</U> attached 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">WHEREAS, as an inducement and a condition
to the willingness of the Company to enter into the Merger Agreement, and in consideration of the substantial expenses incurred
and to be incurred by them in connection therewith, Stockholder has agreed to enter into and perform this Agreement; 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, all capitalized terms used in this
Agreement without definition herein shall have the 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, in consideration of, and
as a condition to, the Company entering into the Merger Agreement and proceeding with the transactions contemplated thereby, and
in consideration of the expenses incurred and to be incurred by them in connection therewith, Stockholder, Parent and the Company
agree 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">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agreement
to Vote Shares</U>. Subject to the terms and conditions hereof, Stockholder agrees that, from and after the date hereof until the
Expiration Date (as defined in <U>Section </U>2 below), at any meeting of the stockholders of Parent or any adjournment or postponement
thereof, or in connection with any written consent of the stockholders of Parent, with respect to the Merger, the Merger Agreement
or any Acquisition Proposal, Stockholder shall:</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;appear
at such meeting or otherwise cause the Shares and any New Shares (as defined in <U>Section </U>3 below) to be counted as present
thereat for purposes of calculating a quorum;</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;vote
(or cause to be voted), or deliver a written consent (or cause a written consent to be delivered) covering all of the Shares: (i)
in favor of adoption and approval of the Parent Stockholder Matters and all other matters contemplated by the Merger Agreement
as to which stockholders of Parent are called upon to vote as necessary for consummation of the Merger and the other transactions
contemplated by the Merger Agreement; and (ii) against any Acquisition Proposal; 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"></P>

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<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;vote
(or cause to be voted), or deliver a written consent (or cause a written consent to be delivered) covering all of the Shares against
any of the following actions (other than those actions that relate to the Merger and any other transactions contemplated by the
Merger Agreement): (i) any merger, consolidation, business combination, sale of assets, or reorganization of the Parent or any
Subsidiary (as defined in the Merger Agreement) of Parent, (ii) any sale, lease or transfer of all or substantially all of the
assets of Parent or any Subsidiary of Parent, (iii) any reorganization, recapitalization, dissolution, liquidation or winding up
of Parent or any Subsidiary of Parent, (iv) any material change in the capitalization of Parent or any Subsidiary of Parent, or
the corporate structure of Parent or any Subsidiary of Parent, except as contemplated by the Merger Agreement, or (v) any other
action that is intended, or would reasonably be expected to, impede, interfere with, delay, postpone, or materially and adversely
affect the Merger or any other transactions contemplated by the Merger 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: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Expiration
Date</U>. As used in this Agreement, the term &ldquo;<U>Expiration Date</U>&rdquo; shall mean the earlier to occur of (a) the Effective
Time, (b) such date and time as the Merger Agreement shall be terminated pursuant to Article VII thereof or otherwise, (c) such
time as there is a Parent Change of Recommendation, or (d) upon mutual written agreement of the parties to terminate this Agreement.
Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement;
<I>provided</I>, <I>however</I>, such termination or expiration shall not relieve any party from liability for any willful breach
of this Agreement or acts of bad faith prior to termination 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">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Purchases</U>. Stockholder agrees that any shares of capital stock or other equity securities of Parent that Stockholder purchases
or with respect to which Stockholder otherwise acquires sole or shared voting power after the execution of this Agreement and prior
to the record date for determining Parent stockholders entitled to vote with respect to the Parent Shareholder Matters, whether
by the exercise of any stock options or otherwise (collectively, &ldquo;<U>New Shares</U>&rdquo;), shall be subject to the terms
and conditions of this Agreement to the same extent as if they constituted the Shares hereunder.</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">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agreement
to Retain Shares</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
and after the date hereof until the Expiration Date, Stockholder shall not, directly or indirectly, (i) cause or permit the Transfer
(as defined below) of any of the Shares of which Stockholder is the beneficial owner (A) unless each person (as defined in the
Merger Agreement) to which any of such Shares, or any interest in any of such Shares, is or may be transferred shall have (1) executed
a counterpart of this Agreement and (2) agreed in writing to hold such Shares (or interest in such Shares) subject to all of the
terms and provisions of this Agreement, (B) except by will or operation of law, in which case this Agreement shall bind the transferee,
or (C) as contemplated by the Merger Agreement, (ii) grant any proxies or powers of attorney, other than consistently with the
terms of <U>Section </U>1 of this Agreement, or deposit any Shares into a voting trust or enter into a voting agreement with respect
to any Shares, or (iii) take any action that would make any representation or warranty of Stockholder contained herein untrue or
incorrect in any material respect or have the effect of preventing or disabling Stockholder from performing Stockholder&rsquo;s
material obligations under 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"></P>

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<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;A
person shall be deemed to have effected a &ldquo;<U>Transfer</U>&rdquo; of a Share if such person directly or indirectly (i)&nbsp;sells,
pledges, encumbers, assigns, grants an option with respect to, transfers or disposes of such Share or any interest in such Share,
or (ii) enters into an agreement or commitment providing for the sale of, pledge of, encumbrance of, assignment of, grant of an
option with respect to, transfer of or disposition of such Share or any interest therein.</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: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties of Stockholder</U>. Stockholder hereby represents and warrants to Parent and the Company 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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stockholder
has the full power and authority to execute and deliver this Agreement and to perform Stockholder&rsquo;s obligations hereunder;</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;this
Agreement has been duly executed and delivered by or on behalf of Stockholder and, assuming this Agreement constitutes a valid
and binding agreement of Parent and the Company, constitutes a valid and binding agreement with respect to Stockholder, enforceable
against Stockholder in accordance with its terms, except as enforcement may be limited by general principles of equity whether
applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors&rsquo; rights
and remedies generally;</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;except
as otherwise set forth on <U>Schedule 1</U> attached hereto, as of the date hereof, Stockholder beneficially owns the number of
Shares indicated opposite such Stockholder&rsquo;s name on <U>Schedule 1</U> attached hereto, and will own any New Shares, free
and clear of any liens, claims, security interests, pledges or other encumbrances or restrictions of any kind or nature whatsoever
(&ldquo;<U>Liens</U>&rdquo;) except for any restrictions under applicable securities laws, and has sole or shared, and otherwise
unrestricted, voting power with respect to such Shares or New Shares and none of the Shares or New Shares is or will be subject
to any voting trust or other agreement, arrangement or restriction with respect to the voting of the Shares or the New Shares,
except as contemplated by 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
execution and delivery of this Agreement by Stockholder does not, and the performance by Stockholder of his, her or its obligations
hereunder and the compliance by Stockholder with any provisions hereof will not: (i) violate or conflict with, result in a material
breach of or constitute a material default (or an event that with notice or lapse of time or both would become a material default)
under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of any
Liens on any Shares or New Shares pursuant to, any agreement, instrument, note, bond, mortgage, contract, lease, license, permit
or other obligation or any order, arbitration award, judgment or decree to which Stockholder is a party or by which Stockholder
is bound, or any law, statute, rule or regulation to which Stockholder is subject, except for such violations, conflicts, breaches,
defaults, rights, Liens or other occurrences as would not materially impair the ability of Stockholder to perform its obligations
under this Agreement or prevent or materially delay the consummation of any of the actions contemplated hereby, or (ii) in the
event that Stockholder is a corporation, partnership, trust or other entity, any bylaw or other organizational document of Stockholder;</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;the
execution and delivery of this Agreement by Stockholder does not, and the performance of this Agreement by Stockholder does not
and will not, require any consent, approval, authorization or permit of, or filing with or notification to, any governmental or
regulatory authority by Stockholder except for applicable requirements, if any, of the Exchange Act, and except where the failure
to obtain such consents, approvals, authorizations or permits, or to make such filings or notifications, would not prevent or delay
the performance by Stockholder of his, her or its obligations under this Agreement in any material respect;</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"></P>

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<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;as
of the date hereof, there is no action pending or, to the knowledge of Stockholder, threatened against or affecting Stockholder
before or by any Governmental Entity that would reasonably be expected to impair in any material respect the ability of Stockholder
to perform its obligations hereunder or to consummate the transactions contemplated hereby on a timely basis; 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">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stockholder
understands and acknowledges that the Company is entering into the Merger Agreement in reliance upon Stockholder&rsquo;s execution
and delivery of this Agreement and the representations and warranties of Stockholder contained herein, and such Stockholder understands
and acknowledges that the Merger Agreement governs the terms of the Merger and the other transactions contemplated thereby.</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: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Irrevocable
Proxy</U>. Subject to the penultimate sentence of this <U>Section </U>6, by execution of this Agreement, Stockholder does hereby
appoint the Company with full power of substitution and resubstitution, as Stockholder&rsquo;s true and lawful attorney and irrevocable
proxy, to the fullest extent of the undersigned&rsquo;s rights with respect to the Shares, to vote, if Stockholder is unable to
perform his, her or its obligations under this Agreement, each of such Shares solely with respect to the matters set forth in <U>Section
</U>1 hereof. Stockholder intends this proxy to be irrevocable and coupled with an interest hereunder until the Expiration Date.
Notwithstanding anything contained herein to the contrary, this irrevocable proxy shall automatically terminate upon the Expiration
Date of this Agreement. Stockholder hereby revokes any proxy previously granted by Stockholder with respect to the Shares and/or
the New Shares and represents that none of such previously granted proxies are irrevocable.</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">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Appraisal Rights</U>. Stockholder hereby irrevocably waives any and all rights he or it may have as to appraisal, dissent or
any similar or related matter with respect to any of such Stockholder&rsquo;s Shares that may arise with respect to the Merger
or any of the transactions contemplated by the Merger 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">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Solicitation</U>. Stockholder, insofar as such Stockholder is acting in his, her or its capacity as a Stockholder, shall not (a)
initiate, solicit, seek or knowingly encourage or support any inquiries, proposals or offers that constitute or may reasonably
be expected to lead to, an Acquisition Proposal, (b) engage or participate in, or facilitate, any discussions or negotiations regarding,
or furnish any nonpublic information to any person in connection with, any inquiries, proposals or offers that constitute, or may
reasonably be expected to lead to, an Acquisition Proposal, (c) enter into any letter of intent, agreement in principle or other
similar type of agreement relating to an Acquisition Proposal, or enter into any agreement or agreement in principle requiring
Parent to abandon, terminate or fail to consummate the transactions contemplated hereby, (d) initiate a stockholders&rsquo; vote
or action by consent of the Company&rsquo;s stockholders with respect to an Acquisition Proposal, (e) except by reason of this
Agreement, become a member of a &ldquo;group&rdquo; (within the meaning of Section 13(d) of the Exchange Act) with respect to any
voting securities of Parent that takes any action in support of an Acquisition Proposal, or (f) propose or agree to do any of the
foregoing. In the event that Stockholder is a corporation, partnership, trust or other entity, it shall not permit any of its subsidiaries
or affiliates (as defined in the Merger Agreement) to, nor shall it authorize any officer, director or representative of Stockholder,
or any of its subsidiaries or affiliates to, undertake any of the actions contemplated by this <U>Section </U>8. Nothing in this
<U>Section </U>8 shall restrict any actions permitted under the Merger Agreement by any Stockholder in his, her or its capacity
as an officer or director 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"></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">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Stockholder
Capacity</U>. Stockholder is entering into this Agreement solely in its capacity as a record holder and/or beneficial owner of
Shares and nothing in this Agreement shall be deemed to impose any obligation, restriction, limitation or liability on Stockholder
in any other manner or capacity, including in his, her or its capacity as an officer, director, employee, agent or representative
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">10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Specific
Enforcement</U>. The parties hereto agree that irreparable damage would occur in the event any provision of this Agreement was
not performed in accordance with the terms hereof or was otherwise breached. It is accordingly agreed that the parties shall be
entitled to seek specific relief hereunder, including, without limitation, an injunction or injunctions to prevent and enjoin breaches
of the provisions of this Agreement and to enforce specifically the terms and provisions hereof, in any state or federal court
in any competent jurisdiction, in addition to any other remedy to which they may be entitled at law or in equity. Any requirements
for the securing or posting of any bond with respect to any such remedy are hereby waived.</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">11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Further
Assurances</U>. Stockholder shall, from time to time, execute and deliver, or cause to be executed and delivered, such additional
or further consents, documents and other instruments as Parent or the Company may reasonably request for the purpose of carrying
out the transactions contemplated by this Agreement and the Merger 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">12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Disclosure</U>.
Stockholder hereby agrees that Parent and the Company may publish and disclose in the Proxy Statement, any prospectus filed with
any regulatory authority in connection with the Merger and any related documents filed with such regulatory authority and as otherwise
required by Law, such Stockholder&rsquo;s identity and ownership of Shares and the nature of such Stockholder&rsquo;s commitments,
arrangements and understandings under this Agreement and may further file this Agreement as an exhibit to any filing made by Parent
or the Company as required by Law or the terms of the Merger Agreement, including with the SEC or other regulatory authority, relating
to the Merger, all subject to prior review and an opportunity to comment by Stockholder&rsquo;s counsel.</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">13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notice</U>.
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 facsimile (followed by overnight courier), E-mail (followed
by overnight courier), or by registered or certified mail (postage prepaid, return receipt requested) to Parent or the Company,
as the case may be, at the addresses set forth in Section 8.03 of the Merger Agreement and to each Stockholder at its address set
forth on <U>Schedule 1</U> attached hereto (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; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></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">14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Severability</U>.
If any term or other provision of this Agreement is determined to be invalid, illegal or incapable of being enforced by 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 materially adverse
to any party. Upon a final 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 to the fullest extent permitted by applicable Law in an acceptable manner to the end that the transactions contemplated
hereby are fulfilled to the extent possible and the parties agree that the court making such determination shall have the power
to reduce the scope, duration, area or applicability of the term or provision, to delete specific words or phrases, or to replace
any invalid, void or unenforceable term or provision with a term or provision that is valid and enforceable and that comes closest
to expressing the intention of the invalid or unenforceable term or provision.</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">15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Binding
Effect and Assignment</U>. All of the covenants and agreements contained in this Agreement shall be binding upon, and inure to
the benefit of, the respective parties and their permitted successors, assigns, heirs, executors, administrators and other legal
representatives, as the case may be. This Agreement may not be assigned by any party hereto 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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Third Party Beneficiaries</U>. This Agreement is not intended, and shall not be deemed, to confer any rights or remedies upon any
person other than the parties hereto and their respective successors and permitted assigns, to create any agreement of employment
with any person or to otherwise create any third-party beneficiary 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">17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Waivers</U>. No waivers of any breach of this Agreement extended by Parent or the Company to Stockholder shall be construed as
a waiver of any rights or remedies of Parent or the Company, as applicable, with respect to any other stockholder of Company who
has executed an agreement substantially in the form of this Agreement with respect to Shares held or subsequently held by such
stockholder or with respect to any subsequent breach of Stockholder or any other such stockholder of the Company. No waiver of
any provisions hereof by any party shall be deemed a waiver of any other provisions hereof by any such party, nor shall any such
waiver be deemed a continuing waiver of any provision hereof by 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">18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governing
Law; Jurisdiction and Venue</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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: 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;Each
of the parties hereto hereby agrees that (i) all actions and proceedings arising out of or relating to this Agreement shall be
heard and determined in the Chancery Court of the State of Delaware and any state appellate court therefrom sitting in New Castle
County in the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction over a particular
matter, any state or federal court within the State of Delaware), (ii) agrees that it will not attempt to deny or defeat such personal
jurisdiction by motion or other request for leave from any such court and (iii) a final Judgment in any action or proceeding shall
be conclusive and may be enforced in other jurisdictions by suit on the Judgment or in any other manner provided 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"></P>

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<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;Each
party irrevocably consents to the service of process outside the territorial jurisdiction of the courts referred to in this <U>Section
18</U> in any such action or proceeding by mailing copies thereof by registered or certified United States mail, postage prepaid,
return receipt requested, to its address as specified in <U>Section 18</U>. However, the foregoing shall not limit the right of
a party to effect service of process on the other party by any other legally available method.</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: 0.5in">19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Jury Trial</U>. The parties hereto hereby waive any right to trial by jury with respect to any action or proceeding related
to or arising out of this Agreement, any document executed in connection herewith and the matters contemplated hereby and thereby.</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">20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Agreement Until Executed</U>. Irrespective of negotiations among the parties or the exchanging of drafts of this Agreement, this
Agreement shall not constitute or be deemed to evidence a contract, agreement, arrangement or understanding between the parties
hereto unless and until (a) the Parent Board has approved, for purposes of any applicable anti-takeover laws and regulations and
any applicable provision of Parent&rsquo;s Certificate of Incorporation, the transactions contemplated by the Merger Agreement,
(b) the Merger Agreement is executed by all parties thereto, and (c) this Agreement is executed by all 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">21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entire
Agreement; Amendment</U>. This Agreement supersedes all prior agreements, written or oral, among the parties hereto with respect
to the subject matter hereof and contains the entire agreement among the parties with respect to the subject matter hereof. This
Agreement may not be amended, supplemented or modified, and no provisions hereof may be modified or waived, except by an instrument
in writing signed by each 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">22.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effect
of Headings</U>. The section headings herein are for convenience only and shall not affect the construction of interpretation 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">23.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Definition
of Merger Agreement</U>. For purposes of this Agreement, the term &ldquo;<U>Merger Agreement</U>&rdquo; includes such agreement
as it shall be amended or modified from time to 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">24.&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.</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: center">{Signature Page to Follow}</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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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>5
<FILENAME>v450427_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.2</B></P>

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

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

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

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

<P STYLE="font: bold 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-indent: 0.5in">THIS VOTING AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;),
dated as of October &nbsp;&nbsp;, 2016, is made by and among Transgenomic, Inc., a Delaware corporation (&ldquo;<U>Parent</U>&rdquo;), Precipio
Diagnostics, LLC, a Delaware limited liability company (the &ldquo;<U>Company</U>&rdquo;), and the undersigned holders (each a
&ldquo;<U>Holder</U>&rdquo; and collectively, the &ldquo;<U>Holders</U>&rdquo;) of units, warrants, convertible promissory notes
or other rights to acquire units (the units owned beneficially or of record by the Holders, the &ldquo;<U>Units</U>&rdquo;) 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">WHEREAS, Parent, New Haven Labs, Inc., a
Delaware corporation and a wholly owned subsidiary of Parent (&ldquo;<U>Merger Sub</U>&rdquo;), and the Company have entered into
an Agreement and Plan of Merger, dated of even date herewith (the &ldquo;<U>Merger Agreement</U>&rdquo;), providing for the merger
of Merger Sub with and into the Company (the &ldquo;<U>Merger</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, as of the date hereof, each Holder
beneficially owns and has sole or shared voting power with respect to the number of Units, and holds convertible promissory notes,
warrants or other rights to acquire the number of Units indicated opposite such Holder&rsquo;s name on <U>Schedule 1</U> attached
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">WHEREAS, as an inducement and a condition
to the willingness of the Parent to enter into the Merger Agreement, and in consideration of the substantial expenses incurred
and to be incurred by it in connection therewith, each Holder has agreed to enter into and perform this Agreement; 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, all capitalized terms used in this
Agreement without definition herein shall have the 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, in consideration of, and
as a condition to, the Parent entering into the Merger Agreement and proceeding with the transactions contemplated thereby, and
in consideration of the expenses incurred and to be incurred by it in connection therewith, each Holder, Parent and the Company
agree 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">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agreement
to Vote Units</U>. Subject to the terms and conditions hereof, and without limitation of any Holder&rsquo;s rights under the Merger
Agreement, and in the case of Kuzven Precipio Investor LLC and Kuzven Precipio B Investor LLC, subject to their satisfaction with
the terms of the New Preferred Stock, each Holder agrees that, from and after the date hereof until the Expiration Date (as defined
in <U>Section </U>2 below), at any meeting of the unitholders of the Company or any adjournment or postponement thereof, or in
connection with any written consent of the unitholders of the Company, with respect to the Merger, the Merger Agreement or any
Acquisition Proposal, such Holder shall:</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;appear
at such meeting or otherwise cause the Units and any New Units (as defined in <U>Section </U>3 below) to be counted as present
thereat for purposes of calculating a quorum;</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;vote
(or cause to be voted), or deliver a written consent (or cause a written consent to be delivered) covering all of the Units held
by such Holder: (i) in favor of adoption and approval of all matters contemplated by the Merger Agreement as to which unitholders
of the Company are called upon to vote as necessary for consummation of the Merger and the other transactions contemplated by the
Merger Agreement; and (ii) against any Acquisition Proposal; 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"></P>

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<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;vote
(or cause to be voted), or deliver a written consent (or cause a written consent to be delivered) covering all of the Units held
by such Holder against any of the following actions (other than those actions that relate to the Merger and any other transactions
contemplated by the Merger Agreement): (i) any merger, consolidation, business combination, sale of assets, or reorganization of
the Company or any Subsidiary (as defined in the Merger Agreement) of the Company, (ii) any sale, lease or transfer of all or substantially
all of the assets of the Company or any Subsidiary of the Company, (iii) any reorganization, recapitalization, dissolution, liquidation
or winding up of the Company or any Subsidiary of the Company, (iv) any material change in the capitalization of the Company or
any Subsidiary of the Company, or the corporate structure of the Company or any Subsidiary of the Company, except as contemplated
by the Merger Agreement, or (v) any other action that is intended, or would reasonably be expected to, impede, interfere with,
delay, postpone, or materially and adversely affect the Merger or any other transactions contemplated by the Merger 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: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Expiration
Date</U>. As used in this Agreement, the term &ldquo;<U>Expiration Date</U>&rdquo; shall mean the earlier to occur of (a) the Effective
Time, (b) such date and time as the Merger Agreement shall be terminated pursuant to Article VII thereof or otherwise, (c) such
time as there is a Company Change of Recommendation, or (d) upon mutual written agreement of the parties to terminate this Agreement.
Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement;
<I>provided</I>, <I>however</I>, such termination or expiration shall not relieve any party from liability for any willful breach
of this Agreement or acts of bad faith prior to termination 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">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Purchases</U>. Each Holder agrees that any shares of capital stock or other equity securities of the Company that such Holder purchases
or with respect to which such Holder otherwise acquires sole or shared voting power after the execution of this Agreement, whether
by the exercise of any warrants, promissory notes or otherwise (collectively, &ldquo;<U>New Units</U>&rdquo;), shall be subject
to the terms and conditions of this Agreement to the same extent as if they constituted Units hereunder.</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">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agreement
to Retain Units</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
and after the date hereof until the Expiration Date, no Holder shall, directly or indirectly, (i) cause or permit the Transfer
(as defined below) of any of the Units of which such Holder is the beneficial owner (A) unless each person (as defined in the Merger
Agreement) to which any of such Units, or any interest in any of such Units, is or may be transferred shall have (1) executed a
counterpart of this Agreement and (2) agreed in writing to hold such Units (or interest in such Units) subject to all of the terms
and provisions of this Agreement, (B) except by will or operation of law, in which case this Agreement shall bind the transferee,
or (C) as contemplated by the Merger Agreement, (ii) grant any proxies or powers of attorney, other than consistently with the
terms of <U>Section </U>1 of this Agreement, or deposit any Units into a voting trust or enter into a voting agreement with respect
to any Units, or (iii) take any action that would make any representation or warranty of such Holder contained herein untrue or
incorrect in any material respect or have the effect of preventing or disabling such Holder from performing such Holder&rsquo;s
material obligations under this Agreement. For the avoidance of doubt, the foregoing shall not restrict the exchange of interests
in the Company for other interests in 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"></P>

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<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;A
person shall be deemed to have effected a &ldquo;<U>Transfer</U>&rdquo; of a Unit if such person directly or indirectly (i)&nbsp;sells,
pledges, encumbers, assigns, grants an option with respect to, transfers or disposes of such Unit or any interest in such Unit,
or (ii) enters into an agreement or commitment providing for the sale of, pledge of, encumbrance of, assignment of, grant of an
option with respect to, transfer of or disposition of such Unit or any interest therein.</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: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties of Holders</U>. Each Holder hereby represents and warrants to Parent and the Company 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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Such
Holder has the full power and authority to execute and deliver this Agreement and to perform such Holder&rsquo;s obligations hereunder;</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;this
Agreement has been duly executed and delivered by or on behalf of such Holder and, assuming this Agreement constitutes a valid
and binding agreement of Parent and the Company, constitutes a valid and binding agreement with respect to such Holder, enforceable
against such Holder in accordance with its terms, except as enforcement may be limited by general principles of equity whether
applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors&rsquo; rights
and remedies generally;</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;except
as otherwise set forth on <U>Schedule 1</U> attached hereto, as of the date hereof, such Holder beneficially owns the number of
Units indicated opposite such Holder&rsquo;s name on <U>Schedule 1</U> attached hereto, and will own any New Units, free and clear
of any liens, claims, security interests, pledges or other encumbrances or restrictions of any kind or nature whatsoever (&ldquo;<U>Liens</U>&rdquo;)
except for any restrictions under applicable securities laws, and has sole or shared, and otherwise unrestricted, voting power
with respect to such Units or New Units and none of the Units or New Units is or will be subject to any voting trust or other agreement,
arrangement or restriction with respect to the voting of the Units or the New Units, except as contemplated by 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
execution and delivery of this Agreement by such Holder does not, and the performance by such Holder of his, her or its obligations
hereunder and the compliance by such Holder with any provisions hereof will not: (i) violate or conflict with, result in a material
breach of or constitute a material default (or an event that with notice or lapse of time or both would become a material default)
under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of any
Liens on any Units or New Units pursuant to, any agreement, instrument, note, bond, mortgage, contract, lease, license, permit
or other obligation or any order, arbitration award, judgment or decree to which such Holder is a party or by which such Holder
is bound, or any law, statute, rule or regulation to which such Holder is subject, except for such violations, conflicts, breaches,
defaults, rights, Liens or other occurrences as would not materially impair the ability of such Holder to perform his, her or its
obligations under this Agreement or prevent or materially delay the consummation of any of the actions contemplated hereby, or
(ii) in the event that such Holder is a corporation, partnership, trust or other entity, any bylaw or other organizational document
of such Holder;</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"></P>

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<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;the
execution and delivery of this Agreement by such Holder does not, and the performance of this Agreement by such Holder does not
and will not, require any consent, approval, authorization or permit of, or filing with or notification to, any governmental or
regulatory authority by such Holder except for applicable requirements, if any, of the Exchange Act, and except where the failure
to obtain such consents, approvals, authorizations or permits, or to make such filings or notifications, would not prevent or delay
the performance by such Holder of his, her or its obligations under this Agreement in any material respect;</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;as
of the date hereof, there is no action pending or, to the knowledge of such Holder, threatened against or affecting such Holder
before or by any Governmental Entity that would reasonably be expected to impair in any material respect the ability of such Holder
to perform his, her or its obligations hereunder or to consummate the transactions contemplated hereby on a timely basis; 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">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
Holder understands and acknowledges that Parent is entering into the Merger Agreement in reliance upon such Holder&rsquo;s execution
and delivery of this Agreement and the representations and warranties of such Holder contained herein, and such Holder understands
and acknowledges that the Merger Agreement governs the terms of the Merger and the other transactions contemplated thereby.</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: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Irrevocable
Proxy</U>. Subject to the penultimate sentence of this <U>Section </U>6, by execution of this Agreement, each Holder does hereby
appoint the Parent with full power of substitution and resubstitution, as such Holder&rsquo;s true and lawful attorney and irrevocable
proxy, to the fullest extent of the undersigned&rsquo;s rights with respect to the Units, to vote, if such Holder is unable to
perform his, her or its obligations under this Agreement, each of such Units solely with respect to the matters set forth in <U>Section
</U>1 hereof. Each Holder intends this proxy to be irrevocable and coupled with an interest hereunder until the Expiration Date.
Notwithstanding anything contained herein to the contrary, this irrevocable proxy shall automatically terminate upon the Expiration
Date of this Agreement. Each Holder hereby revokes any proxy previously granted by such Holder with respect to the Units and/or
the New Units and represents that none of such previously granted proxies are irrevocable.</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">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Appraisal Rights</U>. Each Holder hereby irrevocably waives any and all rights he or it may have as to appraisal, dissent or
any similar or related matter with respect to any of such Holder&rsquo;s Units that may arise with respect to the Merger or any
of the transactions contemplated by the Merger 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">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Solicitation</U>. Each Holder, insofar as such Holder is acting in his, her or its capacity as a Holder, shall not (a) initiate,
solicit, seek or knowingly encourage or support any inquiries, proposals or offers that constitute or may reasonably be expected
to lead to, an Acquisition Proposal, (b) engage or participate in, or facilitate, any discussions or negotiations regarding, or
furnish any nonpublic information to any person in connection with, any inquiries, proposals or offers that constitute, or may
reasonably be expected to lead to, an Acquisition Proposal, (c) enter into any letter of intent, agreement in principle or other
similar type of agreement relating to an Acquisition Proposal, or enter into any agreement or agreement in principle requiring
Company to abandon, terminate or fail to consummate the transactions contemplated hereby, (d) initiate a unitholders&rsquo; vote
or action by consent of the Company&rsquo;s holders with respect to an Acquisition Proposal, (e) except by reason of this Agreement,
become a member of a &ldquo;group&rdquo; (within the meaning of Section 13(d) of the Exchange Act) with respect to any voting securities
of the Company that takes any action in support of an Acquisition Proposal, or (f) propose or agree to do any of the foregoing.
In the event that a Holder is a corporation, partnership, trust or other entity, it shall not permit any of its subsidiaries or
affiliates (as defined in the Merger Agreement) to, nor shall it authorize any officer, director or representative of such Holder,
or any of its subsidiaries or affiliates to, undertake any of the actions contemplated by this <U>Section </U>8. Nothing in this
<U>Section </U>8 shall restrict any actions permitted under the Merger Agreement by any Holder in his, her or its capacity as an
officer, manager or director 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"></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">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Holder
Capacity</U>. Each Holder is entering into this Agreement solely in his, her or its capacity as a record holder and/or beneficial
owner of Units and nothing in this Agreement shall be deemed to impose any obligation, restriction, limitation or liability on
any Holder in any other manner or capacity, including in his, her or its capacity as an officer, director, employee, agent or representative
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">10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Specific
Enforcement</U>. The parties hereto agree that irreparable damage would occur in the event any provision of this Agreement was
not performed in accordance with the terms hereof or was otherwise breached. It is accordingly agreed that the parties shall be
entitled to seek specific relief hereunder, including, without limitation, an injunction or injunctions to prevent and enjoin breaches
of the provisions of this Agreement and to enforce specifically the terms and provisions hereof, in any state or federal court
in any competent jurisdiction, in addition to any other remedy to which they may be entitled at law or in equity. Any requirements
for the securing or posting of any bond with respect to any such remedy are hereby waived.</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">11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Further
Assurances</U>. Each Holder shall, from time to time, execute and deliver, or cause to be executed and delivered, such additional
or further consents, documents and other instruments as Parent or the Company may reasonably request for the purpose of carrying
out the transactions contemplated by this Agreement and the Merger 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">12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Disclosure</U>.
Each Holder hereby agrees that Parent and the Company may publish and disclose in the Proxy Statement, any prospectus filed with
any regulatory authority in connection with the Merger and any related documents filed with such regulatory authority and as otherwise
required by Law, such Holder&rsquo;s identity and ownership of Units and the nature of such Holder&rsquo;s commitments, arrangements
and understandings under this Agreement and may further file this Agreement as an exhibit to any filing made by Parent or the Company
as required by Law or the terms of the Merger Agreement, including with the SEC or other regulatory authority, relating to the
Merger, all subject to prior review and an opportunity to comment by such Holder&rsquo;s counsel.</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">13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notice</U>.
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 facsimile (followed by overnight courier), E-mail (followed
by overnight courier), or by registered or certified mail (postage prepaid, return receipt requested) to Parent or the Company,
as the case may be, at the addresses set forth in Section 8.03 of the Merger Agreement and to each Holder at his, her or its address
set forth on <U>Schedule 1</U> attached hereto (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; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></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">14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Severability</U>.
If any term or other provision of this Agreement is determined to be invalid, illegal or incapable of being enforced by 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 materially adverse
to any party. Upon a final 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 to the fullest extent permitted by applicable Law in an acceptable manner to the end that the transactions contemplated
hereby are fulfilled to the extent possible and the parties agree that the court making such determination shall have the power
to reduce the scope, duration, area or applicability of the term or provision, to delete specific words or phrases, or to replace
any invalid, void or unenforceable term or provision with a term or provision that is valid and enforceable and that comes closest
to expressing the intention of the invalid or unenforceable term or provision.</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">15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Binding
Effect and Assignment</U>. All of the covenants and agreements contained in this Agreement shall be binding upon, and inure to
the benefit of, the respective parties and their permitted successors, assigns, heirs, executors, administrators and other legal
representatives, as the case may be. This Agreement may not be assigned by any party hereto 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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Third Party Beneficiaries</U>. This Agreement is not intended, and shall not be deemed, to confer any rights or remedies upon any
person other than the parties hereto and their respective successors and permitted assigns, to create any agreement of employment
with any person or to otherwise create any third-party beneficiary 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">17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Waivers</U>. No waivers of any breach of this Agreement extended by Parent or the Company to any Holder shall be construed as a
waiver of any rights or remedies of Parent or the Company, as applicable, with respect to any other equityholder of the Company
who has executed an agreement substantially in the form of this Agreement with respect to Units held or subsequently held by such
equityholder or with respect to any subsequent breach of any Holder or any other such equityholder of the Parent. No waiver of
any provisions hereof by any party shall be deemed a waiver of any other provisions hereof by any such party, nor shall any such
waiver be deemed a continuing waiver of any provision hereof by 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">18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governing
Law; Jurisdiction and Venue</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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: 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;Each
of the parties hereto hereby agrees that (i) all actions and proceedings arising out of or relating to this Agreement shall be
heard and determined in the Chancery Court of the State of Delaware and any state appellate court therefrom sitting in New Castle
County in the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction over a particular
matter, any state or federal court within the State of Delaware), (ii) agrees that it will not attempt to deny or defeat such personal
jurisdiction by motion or other request for leave from any such court and (iii) a final Judgment in any action or proceeding shall
be conclusive and may be enforced in other jurisdictions by suit on the Judgment or in any other manner provided 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"></P>

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<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;Each
party irrevocably consents to the service of process outside the territorial jurisdiction of the courts referred to in this <U>Section
18</U> in any such action or proceeding by mailing copies thereof by registered or certified United States mail, postage prepaid,
return receipt requested, to his, her or its address as specified in <U>Section 18</U>. However, the foregoing shall not limit
the right of a party to effect service of process on the other party by any other legally available method.</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: 0.5in">19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Jury Trial</U>. The parties hereto hereby waive any right to trial by jury with respect to any action or proceeding related
to or arising out of this Agreement, any document executed in connection herewith and the matters contemplated hereby and thereby.</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">20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Agreement Until Executed</U>. Irrespective of negotiations among the parties or the exchanging of drafts of this Agreement, this
Agreement shall not constitute or be deemed to evidence a contract, agreement, arrangement or understanding between the parties
hereto unless and until (a) the Company Board has approved, for purposes of any applicable anti-takeover laws and regulations and
any applicable provision of the Company&rsquo;s Certificate of Formation, the transactions contemplated by the Merger Agreement,
(b) the Merger Agreement is executed by all parties thereto, and (c) this Agreement is executed by all 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">21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entire
Agreement; Amendment</U>. This Agreement supersedes all prior agreements, written or oral, among the parties hereto with respect
to the subject matter hereof and contains the entire agreement among the parties with respect to the subject matter hereof. This
Agreement may not be amended, supplemented or modified, and no provisions hereof may be modified or waived, except by an instrument
in writing signed by each 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">22.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effect
of Headings</U>. The section headings herein are for convenience only and shall not affect the construction of interpretation 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">23.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Definition
of Merger Agreement</U>. For purposes of this Agreement, the term &ldquo;<U>Merger Agreement</U>&rdquo; includes such agreement
as it shall be amended or modified from time to 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">24.&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.</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: center; text-indent: 0in">{Signature Page to Follow}</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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<FILENAME>v450427_ex99-3.htm
<DESCRIPTION>EXHIBIT 99.3
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.3</B></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: center">TRANSGENOMIC AND PRECIPIO DIAGNOSTICS
ANNOUNCE PLANNED MERGER</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: center"><FONT STYLE="font-weight: normal"><I>Creates
a Robust Diagnostic Platform Focused on Improving Accuracy of Cancer Diagnoses</I></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>OMAHA, Neb. and NEW HAVEN, Conn., (OCTOBER 12, 2016) -- </B>Transgenomic,
Inc. (NASDAQ: TBIO), and privately-held Precipio Diagnostics, LLC today announced entry into a merger agreement, pursuant to which
Precipio will become a wholly owned subsidiary of Transgenomic, and Transgenomic will be renamed Precipio, Inc. In connection with
the merger, it is anticipated that the original Precipio security holders will receive between 62% and 80% of the outstanding shares
of the combined company, depending on the relative amount of outstanding liabilities of the parties at closing and prior to the
investment of new capital. The merger is expected to close in 2016, pending approval by Transgenomic shareholders and other closing
conditions set forth in the merger agreement. Simultaneous to the merger, the combined company will receive an investment of up
to $7 million from a syndicate led by BV Advisory Partners in a private placement of preferred convertible securities, and $3.0
million of outstanding debt of each company is expected to convert into this same class of preferred convertible securities. This
comprehensive transaction will provide the Company with a clean balance sheet and sufficient capital to achieve its planned expansion.</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">Transgenomic has filed to complete a reverse stock split of
between one-for-ten and one-for-thirty before the merger closes, and the company&rsquo;s outstanding debt is expected to convert
into common and preferred shares. The companies expect that shares of the combined company will be listed on the NASDAQ exchange
and trade under the &ldquo;PRPO&rdquo; ticker (subject to filing and approval by NASDAQ). The merger agreement provides that, Ilan
Danieli, Precipio founder and Chief Executive Officer, will serve as the Chief Executive Officer of the combined company. BV Advisory
Partners is acting as advisor to the transaction.</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">Paul Kinnon, Transgenomic President and Chief Executive Officer,
said &ldquo;In recent years we have transitioned from a provider of conventional life science tools and diagnostic services into
an innovative biotechnology enterprise focused on advancing precision medicine. We have done this through our revolutionary ICE
COLD-PCR (ICP) technology, which enables accurate, non-invasive tumor profiling using circulating DNA in patient plasma. We have
established a solid platform for commercialization of ICP, with leading global distributors and a solid pipeline of potential agreements
with partners and customers. This is a good time to join forces with Precipio, which shares our commitment to accurate and timely
advanced cancer diagnostics and has established an impressive infrastructure of academic experts and a growing customer base, validated
by successful case studies. I look forward to working with my new colleagues to ensure a successful transition.&rdquo;</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">Ilan Danieli, Precipio founder and Chief Executive Officer,
said &ldquo;We are proud of Precipio&rsquo;s progress in building a growing platform that provides unique services to cancer patients
and their physicians by providing a demonstrated superior level of diagnostic accuracy, ensuring that patients receive the best
possible treatment. Cancer misdiagnosis is an all too common and underappreciated problem, which frequently has a negative impact
on patient treatment, and may cause needless loss of life. We provide both primary and second opinion screening, and our network
of leading academic cancer researchers and advanced diagnostic technologies have proven to be an invaluable resource for patients
and physicians. Our entire team is committed to ensuring that our services are made widely available. To that end we will continue
building out our sales team to accelerate adoption and revenue growth. We believe Transgenomic&rsquo;s ICP technology and commercial
infrastructure fit well with our values and our business model, and look forward to this next stage of growth, as we work together
to integrate our teams, technologies and services.&rdquo;</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">Keith Barksdale, Founder of BV Advisory Partners, commented,
&ldquo;Transgenomic and Precipio have complementary strengths with the potential to be a dynamic and strong competitor in the rapidly
growing market for advanced cancer diagnostics. ICP is a revolutionary mutation detection technology that is now available through
global distributors, and adoption by drug researchers and developers is ramping up. The technology is also available to help guide
cancer diagnosis and treatment through Transgenomic&rsquo;s CLIA laboratory. Precipio&rsquo;s platform of leading academic cancer
experts provides superior diagnostic accuracy level to oncologists and their patients; it represents a unique resource that can
benefit from and leverage the power of ICE COLD-PCR. We look forward to working with the combined company going forward to help
assure its growth and success.&rdquo;</P>

<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 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Transgenomic&rsquo;s ICE COLD-PCR offers major advantages over
current sequencing technologies. It delivers at least a 100-fold improvement in sensitivity compared to standard methodologies,
allowing detection of both known and previously unknown genetic alterations in any exon of any gene using a single assay. It is
robust, easy to use and easily implemented, requiring minimal disruption to established sequencing workflows. It is available as
ICEme&trade; Kits that deliver up to a 500-fold increase in mutation detection compared to most current methods, with levels of
detection routinely achievable down to 0.01%. This ultra-high sensitivity enables detection of low level mutations and allows accurate
patient monitoring as well as stratification of cancer sub-populations. ICEme Kits are compatible with most patient samples, including
tissue, blood, plasma, urine and other biofluids. The kits are simple to use and work with most of the genomic analysis platforms
available in laboratories today. They are easily customizable for use with single mutations or multiple mutations in combination.
The current menu includes approximately 20 clinically relevant, actionable mutations that are associated with important cancers.
The ICP range of mutation targets is being expanded on an ongoing basis.</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">ICE COLD-PCR was originally developed by the laboratory of Dr.
Mike Makrigiorgos at the Dana-Farber Cancer Institute, which has exclusively licensed rights to the technology exclusively to Transgenomic.</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"><B>About Transgenomic</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><U>Transgenomic, Inc.</U></FONT>
is a global biotechnology company advancing personalized medicine in oncology and inherited diseases through advanced diagnostic
technologies, such as its revolutionary ICE COLD-PCR, which enables use of liquid biopsies for mutation detection. The company
also provides specialized clinical and research services to biopharmaceutical companies developing targeted therapies. Transgenomic&rsquo;s
diagnostic technologies are designed to improve medical diagnoses and patient outcomes.</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"><B>About Precipio</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Precipio
Diagnostics has built a platform to harness the intellect, expertise and technology developed within academia, delivering quality
diagnostic information to physicians and patients worldwide. Through its collaborations with world-class academic institutions
specializing in cancer research, diagnostics and treatment, and its experience delivering quality service, Precipio Diagnostics
offers a new standard of diagnostic accuracy enabling the highest level of patient care. For more information, visit www.precipiodx.com</FONT>.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT></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"><B>About BV Advisory Partners</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">BV Advisory Partners is a strategic advisory firm focused on
value creation. BV is active&nbsp;in&nbsp;Strategic Investing, M&amp;A Advisory, Business Development, Consulting, Sales, Distribution&nbsp;and&nbsp;IP
Creation of cutting edge technologies.&nbsp;BV has a multi-sector focus (Technology, Sports &amp; Entertainment, Healthcare, Environmental
Services &amp; Consumer Goods) and is&nbsp;committed&nbsp;to&nbsp;partnering&nbsp;with&nbsp;businesses&nbsp;that&nbsp;create sustainable
value&nbsp;for&nbsp;the&nbsp;broad global community. BV bridges&nbsp;the&nbsp;gap&nbsp;between&nbsp;middle-market companies and
investors looking&nbsp;for&nbsp;sustainable business models by&nbsp;providing services throughout the entire life-cycle for its&nbsp;partners.
BV&rsquo;s&nbsp;approach leads&nbsp;to&nbsp;significant repeat business&nbsp;from&nbsp;its&nbsp;clients. BV&rsquo;s principals
leverage their&nbsp;personal&nbsp;and&nbsp;professional networks&nbsp;to&nbsp;bring value&nbsp;to&nbsp;partners. BV&rsquo;s extensive
network of partners provide&nbsp;clients&nbsp;with&nbsp;industry-specific guidance&nbsp;and&nbsp;global business development execution
capabilities.<B> </B>For more information, visit www.bvadvisorypartners.com.</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"><B>Forward-Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Certain statements in this press release constitute &ldquo;forward-looking
statements&rdquo; of Transgenomic within the meaning of the Private Securities Litigation Reform Act of 1995, which involve known
and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results,
performance or achievements expressed or implied by such statements. Forward-looking statements include, but are not limited to,
those with respect to management's current views and estimates of future economic circumstances, industry conditions, company performance
and financial results, including the ability of the Company to grow its involvement in the diagnostic products and services markets,
expectations regarding new clients, projects and prospects, and MX-ICP&rsquo;s ability to accelerate the Company&rsquo;s growth
and generate revenue. The known risks, uncertainties and other factors affecting these forward-looking statements are described
from time to time in Transgenomic's filings with the Securities and Exchange Commission. Any change in such factors, risks and
uncertainties may cause the actual results, events and performance to differ materially from those referred to in such statements.
Accordingly, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995 with respect to all statements contained in this press release. All information in this press release
is as of the date of the release and Transgenomic does not undertake any duty to update this information, including any forward-looking
statements, unless required by law.</I></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Additional Information for Transgenomic Common Stockholders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In connection with the proposed transactions, Transgenomic plans
to file with the SEC a proxy statement relating to the approval of the merger agreement. The information in the preliminary proxy
statement is not complete and may be changed. The proxy statement and this press release are not offers to sell Transgenomic securities
and are not soliciting an offer to buy Transgenomic securities in any state where the offer and sale is not permitted.</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">The definitive proxy statement will be mailed to stockholders
of Transgenomic. TRANSGENOMIC URGES INVESTORS AND SECURITY HOLDERS TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER DOCUMENTS FILED
WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE
PROPOSED TRANSACTION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (when
available) and other documents filed with the SEC by Transgenomic through the web site maintained by the SEC at www.sec.gov. Free
copies of the definitive proxy statement (when available) and other documents filed with the SEC can also be obtained on Transgenomic&rsquo;s
website at www.transgenomic.com/ir/investor-information/.</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">Transgenomic and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from the stockholders of Transgenomic in connection with the merger. Information
about the directors and executive officers of Transgenomic is set forth in Transgenomic&rsquo;s proxy statement filed with the
SEC on April 29, 2016. Additional information regarding the interests of these participants and other persons who may be deemed
participants in the Merger may be obtained by reading the proxy statement regarding the proposed transaction when it becomes available.</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">This document will not constitute an offer to sell or the solicitation
of an offer to buy any securities, nor will there be any sale of securities in any jurisdiction in which such offer, solicitation
or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering
of securities will be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.</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"><B>Contacts:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><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="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Transgenomic Media:</I></B></FONT></TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Transgenomic Investors</I></B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Barbara Lindheim</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transgenomic Investor Relations</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">BLL Partners</FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>investor.relations@transgenomic.com</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">212-584-2276</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>blindheim@bllbiopartners.com</U></FONT></TD>
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