Document ID: 12836

Text:
(m) Litigation. There is no Action pending or, to the Companys Knowledge, threatened, which (i)adversely affects or challenges the legality, validity, or enforceability of any of the Transaction Documents, the issuance of Shares pursuant to this Agreement and the other Transaction Documents, or the conversion of the Shares of Series A Preferred Stock into the applicable Underlying Shares, or (ii)except as disclosed in the SEC Reports, is reasonably likely to be material to the Company or any Subsidiary, individually or in the aggregate, if there were an unfavorable decision. Except as disclosed in the SEC Reports, neither the Company nor any Subsidiary, nor to the Companys Knowledge any director or officer thereof in their capacity as a director or officer of the Company or any Subsidiary, is or has been the subject of any Action involving a claim of violation of or liability under federal or state securities laws or a claim of breach of fiduciary duty relating to the Company or any Subsidiary, nor is any such Action, to the Companys Knowledge, currently threatened. There is no Action by the Company or any Subsidiary pending or which the Company or any Subsidiary intends to initiate (other than collection or similar claims in the ordinary course of business). Except as disclosed in the SEC Reports, there has not been, and to the Companys Knowledge there is not pending or threatened, any investigation by the Commission involving the Company or any current or former director or officer of the Company. The Commission has not issued any stop order or other order suspending the effectiveness of any registration statement filed by the Company or any of its Subsidiaries under the Exchange Act or the Securities Act . There are no outstanding orders, judgments, injunctions, awards or decrees of any court, arbitrator or governmental or regulatory body against the Company or any executive officers or directors of the Company in their capacities as such, which individually or in the aggregate, would reasonably be expected to be material to the Company or any Subsidiary.

Named Entities:
313
314
Act
317
318
Act

Tokenized Text:
(
m
)
Litigation
.
There
is
no
Action
pending
or
,
to
the
Companys
Knowledge
,
threatened
,
which
(
i
)
adversely
affects
or
challenges
the
legality
,
validity
,
or
enforceability
of
any
of
the
Transaction
Documents
,
the
issuance
of
Shares
pursuant
to
this
Agreement
and
the
other
Transaction
Documents
,
or
the
conversion
of
the
Shares
of
Series
A
Preferred
Stock
into
the
applicable
Underlying
Shares
,
or
(
ii
)
except
as
disclosed
in
the
SEC
Reports
,
is
reasonably
likely
to
be
material
to
the
Company
or
any
Subsidiary
,
individually
or
in
the
aggregate
,
if
there
were
an
unfavorable
decision
.
Except
as
disclosed
in
the
SEC
Reports
,
neither
the
Company
nor
any
Subsidiary
,
nor
to
the
Companys
Knowledge
any
director
or
officer
thereof
in
their
capacity
as
a
director
or
officer
of
the
Company
or
any
Subsidiary
,
is
or
has
been
the
subject
of
any
Action
involving
a
claim
of
violation
of
or
liability
under
federal
or
state
securities
laws
or
a
claim
of
breach
of
fiduciary
duty
relating
to
the
Company
or
any
Subsidiary
,
nor
is
any
such
Action
,
to
the
Companys
Knowledge
,
currently
threatened
.
There
is
no
Action
by
the
Company
or
any
Subsidiary
pending
or
which
the
Company
or
any
Subsidiary
intends
to
initiate
(
other
than
collection
or
similar
claims
in
the
ordinary
course
of
business
)
.
Except
as
disclosed
in
the
SEC
Reports
,
there
has
not
been
,
and
to
the
Companys
Knowledge
there
is
not
pending
or
threatened
,
any
investigation
by
the
Commission
involving
the
Company
or
any
current
or
former
director
or
officer
of
the
Company
.
The
Commission
has
not
issued
any
stop
order
or
other
order
suspending
the
effectiveness
of
any
registration
statement
filed
by
the
Company
or
any
of
its
Subsidiaries
under
the
Exchange
Act
or
the
Securities
Act
.
There
are
no
outstanding
orders
,
judgments
,
injunctions
,
awards
or
decrees
of
any
court
,
arbitrator
or
governmental
or
regulatory
body
against
the
Company
or
any
executive
officers
or
directors
of
the
Company
in
their
capacities
as
such
,
which
individually
or
in
the
aggregate
,
would
reasonably
be
expected
to
be
material
to
the
Company
or
any
Subsidiary
.