Document ID: 16650

Text:
(r) No Net Short Sales. So long as the Offered Notes remain outstanding, neither Buyer nor any of its affiliates nor any entity managed or controlled by the Buyer (collectively, the Restricted Persons and each of the foregoing is referred to herein as a Restricted Person) shall maintain, in the aggregate, a Net Short Position. For purposes hereof, a Net Short Position by a Restricted Person means a position whereby such Restricted Person has executed one or more sales of Common Stock that is marked as a short sale (but not including any sale marked short exempt) and that is executed at a time when such Restricted Person has no equivalent offsetting long position in the Common Stock (or is deemed to have a long position hereunder or otherwise in accordance with Regulation SHO under the 1934 Act ); provided, further that no Short Sale shall be deemed to exist as a result of any failure by the Company (or its agents) to deliver Conversion Shares upon conversion of the Offered Notes to any Restricted Person converting such Offered Notes. For purposes of determining whether a Restricted Person has an equivalent offsetting long position in the Common Stock, such Restricted Person shall be deemed to hold long all Common Stock that is either (i) then owned by such Restricted Person, if any, (ii) then issuable to such Restricted Person as Conversion Shares pursuant to the terms of the Offered Notes then held by such Restricted Person, if any, (without regard to any limitations on conversion set forth in the Offered Notes and giving effect to any conversion price adjustments that would take effect given only the passage of time), or (iii) that may be issued as Interest Shares pursuant to the terms of the Offered Notes to such Restricted Person. Notwithstanding the foregoing, nothing contained herein (i) shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person from selling long (as defined under Rule 200 promulgated under Regulation SHO under the 1934 Act ) the Securities or any other Common Stock then owned by such Restricted Person or (ii) shall constitute a covenant, or preclude any actions, with respect to the identification of the availability of, or securing of, available shares to borrow in order to effect short sales or similar transactions.

Named Entities:
12
13
Shares
146
147
Regulation
150
151
Act
182
183
Shares
367
368
Regulation

Tokenized Text:
(
r
)
No
Net
Short
Sales
.
So
long
as
the
Offered
Notes
remain
outstanding
,
neither
Buyer
nor
any
of
its
affiliates
nor
any
entity
managed
or
controlled
by
the
Buyer
(
collectively
,
the
Restricted
Persons
and
each
of
the
foregoing
is
referred
to
herein
as
a
Restricted
Person
)
shall
maintain
,
in
the
aggregate
,
a
Net
Short
Position
.
For
purposes
hereof
,
a
Net
Short
Position
by
a
Restricted
Person
means
a
position
whereby
such
Restricted
Person
has
executed
one
or
more
sales
of
Common
Stock
that
is
marked
as
a
short
sale
(
but
not
including
any
sale
marked
short
exempt
)
and
that
is
executed
at
a
time
when
such
Restricted
Person
has
no
equivalent
offsetting
long
position
in
the
Common
Stock
(
or
is
deemed
to
have
a
long
position
hereunder
or
otherwise
in
accordance
with
Regulation
SHO
under
the
1934
Act
)
;
provided
,
further
that
no
Short
Sale
shall
be
deemed
to
exist
as
a
result
of
any
failure
by
the
Company
(
or
its
agents
)
to
deliver
Conversion
Shares
upon
conversion
of
the
Offered
Notes
to
any
Restricted
Person
converting
such
Offered
Notes
.
For
purposes
of
determining
whether
a
Restricted
Person
has
an
equivalent
offsetting
long
position
in
the
Common
Stock
,
such
Restricted
Person
shall
be
deemed
to
hold
long
all
Common
Stock
that
is
either
(
i
)
then
owned
by
such
Restricted
Person
,
if
any
,
(
ii
)
then
issuable
to
such
Restricted
Person
as
Conversion
Shares
pursuant
to
the
terms
of
the
Offered
Notes
then
held
by
such
Restricted
Person
,
if
any
,
(
without
regard
to
any
limitations
on
conversion
set
forth
in
the
Offered
Notes
and
giving
effect
to
any
conversion
price
adjustments
that
would
take
effect
given
only
the
passage
of
time
)
,
or
(
iii
)
that
may
be
issued
as
Interest
Shares
pursuant
to
the
terms
of
the
Offered
Notes
to
such
Restricted
Person
.
Notwithstanding
the
foregoing
,
nothing
contained
herein
(
i
)
shall
(
without
implication
that
the
contrary
would
otherwise
be
true
)
prohibit
any
Restricted
Person
from
selling
long
(
as
defined
under
Rule
200
promulgated
under
Regulation
SHO
under
the
1934
Act
)
the
Securities
or
any
other
Common
Stock
then
owned
by
such
Restricted
Person
or
(
ii
)
shall
constitute
a
covenant
,
or
preclude
any
actions
,
with
respect
to
the
identification
of
the
availability
of
,
or
securing
of
,
available
shares
to
borrow
in
order
to
effect
short
sales
or
similar
transactions
.