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AGREEMENT OF PURCHASE AND SALE OF ASSETS Aurelio Resource Corporation and C3 Resources, Inc.

	
June 15, 2009

     This Agreement is made as of the date indicated above between Aurelio Resource Corporation (Buyer), a Nevada corporation, having its principal office at 12345 West Alameda Parkway, Suite 202
Lakewood, Colorado 80228 and C3 Resources, Inc., Delaware Corporation (Seller), having its principal office at Suite 9, 275 Third Street, Elko, Nevada 89803 with a Mailing Address: C3 Resources, Inc., P.O. Box 1450, Elko, Nevada
89803-1450.

     WHEREAS, Buyer and Seller entered into a Letter of Intent dated May 19, 2009 concerning the purchase by Buyer of certain assets of Seller, reference to said Letter of Intent is hereby made for
all purposes; and

     WHEREAS, Buyer desires to purchase from Seller and Seller desires to sell to Buyer, on the terms and subject to the conditions of this agreement, certain properties and assets of Seller
records, exploration data and information, drill results and other similar and dissimilar information related thereto; and

     NOW THEREFORE, in consideration of the mutual covenants, agreements, representations, and warranties contained in this agreement, the parties agree as follows:

ARTICLE ONE

PURCHASE AND SALE OF ASSETS AND LEASE OF REAL PROPERTY

     1.01 Sale of Assets. Subject to the terms and conditions set forth in this Agreement, Seller agrees to sell, quitclaim,
convey, transfer, assign, deliver and otherwise conveys to Buyer and its successors and assigns, and Buyer agrees to purchase from Seller all of those certain assets and rights of Seller of every kind, character, and description, whether tangible,
intangible, personal, or mixed, and wherever located, all of which are collectively referred to as the Assets For purposes hereof, these Assets are further described and defined in Exhibit A, which Exhibit is attached hereto and incorporated herein
for all purposes, and shall include including, but without limitation to, the interests of Seller in the real property described on Exhibit A (Premises), free and clear of all liens and encumbrances, TOGETHER WITH (a) all ores, minerals, materials
and mineral rights (including all gold, silver, platinum group metals, iron, copper, molybdenum, lead, zinc, chalcopyrite, galena, sphalerite, bauxite, kaolin and all other materials or substances of any nature whatsoever, (excepting only oil, gas,
and coal, found in natural deposits, whether similar or dissimilar in character to the foregoing) within the Premises (Mineral Substances), whether or not such Mineral Substances were given any commercial consideration by the Parties at the time of
execution of this Agreement; (b) all options, contracts, easements, leases and rights-of-way reserved or, subsequent to the effective date of the Agreement, granted in or upon and pertaining to the Premises; (c) all dips, spurs and extralateral
rights thereon or therefrom; (d) all dumps, severed ore, fixtures and improvements thereon; (e) all exploration data and other information related to the Premises, including, but not limited to, all maps, drill results (in electronic and other
format), all title information and related location notices and certificates, all interpretive memoranda prepared by Seller concerning the Premises, all third party reports relating to the Premises, all notes concerning negotiations concerning
transactions relating to the Premises, etc.; and (f) all and singular, the tenements, hereditaments and appurtenances belonging to or in any way appertaining to the Premises, including (i) the right to sample, map, survey, or conduct any other
exploration or investigatory activities and (ii) all information regarding any exploration or development of the Premises that is in the possession of or available to the Seller. This Article shall be liberally construed in favor of Buyer and the
ambiguities, if any, shall be construed and resolved in favor of Buyer. 

     1.02 Consideration. As full consideration for the transfer of the Assets by Seller to Buyer, Buyer shall deliver at the
closing, 47,750,000 Common Shares of the Buyer, in accordance with the provisions of paragraph 8.03. Seller acknowledges that the Common Shares to be received from Buyer as the Purchase Price consideration have not been, and may not be, registered
under the Securities Act of 1933, as amended (the 1933 Act), nor under any state 

securities or blue sky laws of any state of the United States, and, unless so registered, may not be offered or sold in the United States or, directly or indirectly, to U.S. Persons, as that term is defined in Regulation S
under the 1933 Act (Regulation S), except in accordance with the provisions of Regulation S, pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of the 1933 Act and in each case in accordance with applicable securities laws. The Common Shares to be issued to Seller will be restricted common stock with hold periods under applicable securities laws, and contain a restrictive
legend evidencing same. 

     1.03 Assumption of Liabilities. Buyer shall not assume any liabilities, obligations, or duties of the Seller by virtue
of this Agreement, other than those set forth specifically in this Agreement.

The parties acknowledge, however, that all cash proceeds due to or received by the Seller prior to or subsequent to Closing (the Cash Proceeds) from any agreements, joint ventures, lease assignments or farm-outs signed or
at an advanced stage of negotiations prior to the signing this Agreement (more specifically, the North Sleeper, Cortez-Carlin Corridor / Safford Canyon, Robinson Creek / Indian Creek, Veta Grande and Iron Butte) which are approved by Buyer will
accrue to Seller, in an amount of up to three hundred seventy-five thousand dollars ($375,000) for the purposes of paying any outstanding documented bills of Seller related to the C3 Nevada Assets, said bills to be paid in the following order:
first, outstanding bills generated by contractors, technical services, and supplies for work done in Nevada pertaining to the C3 Nevada Assets will be paid; secondly, payment of 2009 – 2010 BLM claim maintenance fees; and, thirdly, any other
documented bills generated in Nevada pertaining to the C3 Nevada Assets. Both parties agree that any and all Cash Proceeds in excess of three hundred seventy-five thousand dollars ($375,000) paid from any such agreements, joint ventures, lease
assignment or farm- outs or any portion of the $375,000 not needed to pay documented expenses, as well as any and all payments in shares, royalty interests and/or other forms of consideration, will be for the benefit of the Buyer.

     1.04 Taxes. Buyer shall pay any and all sales and use taxes arising out of the transfer of the Assets and Seller shall
pay its portion, prorated as of the closing date, of state and local personal property taxes and assessments relating to the Assets transferred

ARTICLE TWO

REPRESENTATIONS AND WARRANTIES OF SELLER

	 	
2.01 Warranties. Seller represents and warrants that:

     2.011 Title. Seller has good and marketable title to all the Assets and Premises, and is the owner of record. All these
Assets are free and clear of restrictions on or conditions to transfer or assignment, and free and clear of mortgages, liens, pledges, charges, encumbrances, security agreements, options, charges, equities, claims, easements, rights of way,
covenants, conditions, or restrictions, except for those disclosed in Exhibits to this agreement. Seller further covenants and warrants to Buyer, which covenants and warranties shall survive any expiration or termination of this Agreement, that
Seller is lawfully seized of the indefeasible estates in the Premises as further set forth in Exhibit A; that Seller has the right and power to convey the same for the purposes of this Agreement; and, with respect to any unpatented federal mining
claims, subject only to the paramount title of the United States; that Buyer shall have quiet and peaceable possession of the Premises; that Seller will defend its title to the Premises against all persons who may claim the same; that Seller has not
committed, nor will Seller in the future commit, any act or acts which will encumber or cause a lien to be placed against the Premises except subject and subordinate to the terms of this Agreement; that Seller has received no notice of violation of
any environmental law, regulation or permit; that Seller has no knowledge of the occurrence of any violation of any environmental law, regulation or permit; and that Seller has received no notice of claim or demand by any person relating to the
Premises. Seller agrees to make available to Buyer all instruments of title, or other data relating to or containing information with respect to the status of ownership of the Premises. In addition, in the event of any dispute or legal proceeding
between Seller and third parties, with respect to title or ownership of the Premises, Buyer shall have the right at its sole discretion either to suspend the performance of its obligations under this Agreement until such dispute or legal 

proceeding has been settled, or, in the alternative, to make such payments due Seller hereunder to an escrow agent to hold pending the resolution of the dispute.

     2.012 Lesser Interest. If Sellers title to the Premises (or any portion thereof) is less than the interest as described
in Exhibit A, Buyer shall have the right, without waiving any other rights it may have, to reduce all payments to be made to Seller hereunder by the same proportion as the undivided right and title actually owned by Seller bears to the entire
undivided right and title to the Premises as described in Exhibit A. Any improvement in or enhancement of Sellers title to or interest in the Premises shall inure to the benefit of Buyer, without additional consideration to Seller.

     2.013 Tax Liabilities. Seller has paid all taxes, or will pay all taxes, which could result in a lien against any of the
Assets being conveyed by this Agreement.

     2.014 Litigation. There is no suit, action, arbitration, or legal, administrative, or other proceeding, or governmental
investigation pending or, to the best knowledge of Seller threatened, against or affecting the Assets. There is no suit, action, arbitration or other legal proceeding against Seller which, if determined adverse to Seller, would affect Sellers
ability to compensate Buyer for Sellers breach, if any, of the warranties and covenants in this agreement. Seller is not in default with respect to any order, writ, injunction, or decree of any federal, state, local, or foreign court, department,
agency, or instrumentality. There is no order from environmental or other agencies respecting the Premises, nor has the Seller had notice from any governmental agency of any requirements respecting the Premises, other than payment of annual
maintenance fees. 

     2.015 No Breach or Violation. The consummation of the transactions contemplated by this Agreement will not result in or
constitute any of the following: (i) a breach of any term or provision of this Agreement; (ii) a default or an event that, with notice or lapse of time or both, would be a default, breach, or violation of the articles of incorporation or bylaws of
Seller or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which Seller is a party or by which the property of Seller is bound; (iii)
an event that would permit any party to terminate any agreement or to accelerate the maturity of any indebtedness or other obligation of Seller or (iv) the creation or imposition of any lien, charge, or encumbrance on any of the properties of
Seller; or (v) violate any local, state or federal ordinances, laws or statutes, including without limitation any antitrust laws.

     2.016 Authority. Seller has the right, power, legal capacity, and authority to enter into, and perform its respective
obligations under this Agreement, and no approvals or consents or any persons other than Seller are necessary in connection with it.

     2.017 Full Disclosure. None of the representations and warranties made by Seller or made in any certificate or
memorandum furnished or to be furnished by any of them, or on their behalf, contains or will contain any untrue statement of material fact, or omit any material fact the omission of which would be misleading.

	
ARTICLE THREE

OBLIGATIONS BEFORE CLOSING

3.01 Seller's Covenants. Seller covenants that from the date of this agreement until closing:

     3.011 Access to Information. Buyer and its counsel, accountants, and other representatives shall have full access during
normal business to all properties, books, accounts, records, contracts, and documents of or relating to the Assets and Premises. Seller shall furnish or cause to be furnished to Buyer and its representative all data and information concerning the
business, finances, and properties that may reasonably be requested.

3.012 Consents. At Closing, Seller will deliver the written consent of the persons

whose consents are required to transact all transfers contemplated hereby and will furnish to Buyer executed copies of these consents.

     3.013 Warranties at Closing. All representations and warranties of Seller set forth in this Agreement and in any written
statements delivered to Buyer by Seller under this Agreement will also be true and correct as of the closing date as if made on that date.

	
ARTICLE FOUR

BUYER'S OBLIGATIONS BEFORE CLOSING

     Buyer will use its best efforts to assist Seller in obtaining the consent of all necessary persons and agencies to the assignment and transfer to Buyer of any and all properties, assets, and
agreements, including agreements with United States Government or any of its agencies, to be assigned and transferred under the terms of this Agreement.

ARTICLE FIVE

CONDITIONS PRECEDENT TO BUYER'S PERFORMANCE

     5.01 Conditions. The obligations of Buyer to purchase the Assets under this Agreement are subject to the satisfaction,
at or before the closing, or all the conditions set out below in this Article 5. Buyer may waive any or all of these conditions in whole or in part without prior notice; provided, however, that no such waiver of a condition shall constitute a waiver
by Buyer of any of its other rights or remedies, at law or in equity, if Seller shall be in default of any of their representations, warranties, or covenants under this Agreement.

     5.02 Accuracy of Representations. Except as otherwise permitted by this Agreement, all representations and warranties by
the Seller in this Agreement or in any written statement that shall be delivered to Buyer by any of them under this Agreement shall be true on and as of the closing date as though made at that time.

     5.03 Performance of Seller. Seller shall have performed, satisfied, and complied with all covenants, agreements, and
conditions required by all articles, sections and paragraphs of this Agreement to be performed or complied with by them, or their agents, or any of them, on or before the closing date.

     5.04 Absence of Litigation. No action, suit, or proceeding before any court or any governmental body or authority,
pertaining to the transaction contemplated by this Agreement or to its consummation, shall have been instituted or threatened on or before the closing date.

     5.05 Consents. All necessary agreements and consents (including without limitation any antitrust consents) of any
parties to the consummation of the transactions contemplated by this Agreement, or otherwise pertaining to the matters covered by it, including the governmental entities, shall have been obtained by Seller and delivered to Buyer.

     5.06 Approval of Documents. The form, substance and opinions of all certificates, instruments, title commitments,
opinions, and other documents delivered to Buyer under this Agreement shall be acceptable and satisfactory in all respects to Buyer and its counsel.

ARTICLE SIX

CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE

     Buyer shall have performed and complied with all covenants and agreements, satisfied all conditions that it is required by this Agreement to perform, comply with, or satisfy, before or at the
closing.

	
ARTICLE SEVEN

	
THE CLOSING

     7.01 Time and Place. The closing of this transaction (the Closing) shall take place at the office of Buyer on June 15,
2009 , or at such other time and place as the parties may agree to in writing (the Closing Date).

     7.02 Sellers Obligations. At the closing, Seller shall deliver or cause to be delivered to Buyer: instruments of
assignment and transfer of all the Assets of Seller in form and substance satisfactory to Buyer. Seller, at any time before or after the Closing Date, will execute, acknowledge, and deliver any further deeds, assignment, conveyances, and other
assurances, documents, and instruments of transfer, reasonably requested by Buyer, and will take any other action consistent with the terms of this agreement that may reasonably be requested by Buyer for the purpose of assigning, transferring,
granting, conveying, and confirming to Buyer, or reducing to possession, any or all property to be conveyed and transferred by this Agreement. If requested by Buyer, Seller further agree to prosecute or otherwise enforce in Sellers name for the
benefit of Buyer any claims, rights, or benefits that are transferred to Buyer by this Agreement and that require prosecution or enforcement in Sellers name. Any prosecution or enforcement of claims, rights, or benefits under this paragraph shall be
solely at Buyers expense, unless the prosecution or enforcement is made necessary by a breach of this Agreement by the Seller.

     7.03 Buyers Obligations. At the closing, Buyer shall deliver to Seller a share certificate representing 47,750,000
Common Shares of the Buyer. 

     7.04. Information Requirements. Seller acknowledges that Buyer is a US reporting issuer and as such, is required to file
with the Securities and Exchange Commission substantive disclosure in form 8-K regarding the Premises, the Assets, the Seller and its principals (the Disclosure) . The form 8-K must be filed within 4 days of the Closing. Prior to Closing, Seller
will provide the Disclosure to the extent considered necessary by Buyer and its legal counsel and will fully cooperate with Buyer in preparing the form 8-K to the standards required of US reporting issuers who have undergone a change of control and
acquired substantial assets.

	
ARTICLE EIGHT

SELLER'S OBLIGATIONS AFTER CLOSING

     Seller shall indemnify, defend, and hold harmless Buyer against and in respect of any and all claims, demands, losses, costs, expenses, obligations, liabilities, damages, recoveries, and
deficiencies, including interest, penalties, and reasonable attorneys fees, that it shall incur or suffer, which arise, result from, or relate to any breach of, or failure by Seller to perform, any of its representations, warranties, covenants, or
agreements in this Agreement or in any schedule, certificate, exhibit, or other instrument furnished or to be furnished by Seller under this Agreement.

	
ARTICLE NINE

BUYER'S OBLIGATIONS AFTER CLOSING

     Buyer agrees to indemnify and hold harmless Seller against, and in respect of, any and all claims, losses, expenses, costs obligations, and liabilities they may incur by reason of Buyers breach
of or failure to perform any of its warranties, guaranties, commitments, or covenants in this Agreement, or by reason of any act or omission of Buyer, or any of its successors or assigns, after the Closing Date, that constitutes a breach or default
under, or a failure to perform, any obligation under this Agreement. Promptly following closing, Buyers Board of Directors will be increased to six (6) Directors, three (3) of whom shall be appointed by Seller, subject to compliance with applicable
corporate and securities laws.

	
ARTICLE TEN

COSTS

Except as otherwise stated herein, each of the parties shall pay all costs and expenses incurred or

to be incurred by it in negotiation and preparing this Agreement and in closing and carrying out the transactions contemplated by this Agreement.

	
ARTICLE ELEVEN

FORM OF AGREEMENT

     11.01 Headings. The subject headings of the paragraphs and subparagraphs of this Agreement are included for purposes of
convenience only, and shall not affect the construction or interpretation of any of its provisions.

     11.02 Modification and Waiver. This Agreement constitutes the entire agreement between parties pertaining to the subject
matter contained in it and supersedes all prior and contemporaneous agreements, representations, and understandings of the parties. No waiver of any of the provisions of this Agreement shall be deemed, or shall constitute, a waiver of any other
provision, whether or not similar, nor shall any waiver constitute a continuing waiver. No waiver shall be binding unless executed in writing by the party making the waiver.

     11.03 Counterparts. This Agreement may be executed simultaneously in one or more counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same instrument.

	
ARTICLE TWELVE

PARTIES

     12.01 Rights of Parties. Nothing in this Agreement, whether express or implied, is intended to confer any rights or
remedies under or by reason of this agreement on any persons other than the parties to it and their respective successors and assigns, nor is anything in this Agreement intended to relieve or discharge the obligation or liability of any third
persons to any party to this Agreement, nor shall any provision give any third persons any right of subrogation or action over against any party to this Agreement.

     12.02 Assignment. This Agreement shall be binding on, and shall inure to the benefit of, the parties to it and their
respective heirs, legal representatives, successors, and assigns.

	
ARTICLE THIRTEEN

REMEDIES

     13.01 Arbitration. Except for an action for specific performance which may be the subject of judicial action, any
controversy or claim arising out of, or relating to, this agreement, or the making, performance, or interpretation thereof, shall be settled by arbitration in Denver, Colorado in accordance with the Rules of the American Arbitration Association then
existing, and judgment on the arbitration award may be entered in any court having jurisdiction over the subject matter of the controversy.

     13.02 Termination. Either party may terminate this Agreement on the Closing Date, without liability to the other is, and
only if, any bona fide action or proceeding shall be pending against any party on the Closing Date that could result in an unfavorable judgment, decree, or order that would prevent or make unlawful the carrying out of this agreement or if any agency
of the federal or of any state government shall have objected at or before the Closing Date to this acquisition or to any other action required by or in connection with this Agreement.

     13.03 Termination on Default. If either Buyer or Seller materially defaults in the due and timely performance of any of
its or their warranties, covenants, or agreements under this agreement, the nondefaulting party or parties may on the Closing Date give notice of termination of this agreement, in the manner provided in paragraph 17.01. The notice shall specify with
particularity the default or defaults on which the notice is based. The termination shall be effective three (3) business days after the Closing Date, unless the specific default or defaults have been cured on

	
or before this effective date for termination.

     13.04 Specific Performance. Each party's obligation under this Agreement is unique. If any party should default in its
obligations under this agreement, the parties each acknowledge that it would be extremely impracticable to measure the resulting damages; accordingly, the nondefaulting party, in addition to any other available rights or remedies, may sue in equity
for specific performance, and the parties each expressly waive the defense that a remedy in damages will be adequate.

     13.05 Costs. If any legal action or any arbitration or other proceeding is brought for the enforcement of this
Agreement, or because of an alleged dispute, breach, default, or misrepresentation in connection with any of the provisions of this agreement, the successful or prevailing party or parties shall be entitled to recover reasonable attorneys' fees and
other costs incurred in that action or proceeding, in addition to any other relief to which it or they may be entitled.

ARTICLE FOURTEEN

NATURE AND SURVIVAL OF REPRESENTATIONS AND OBLIGATIONS

     14.01 Effect of Closing. All representations, warranties, covenants, and agreements of the parties contained in this
Agreement, or in any instrument, certificate, opinion, or other writing provided for in it, shall survive the closing, including the transfer of any real property.

     14.02 Investment Representations. The Seller understands (a) that the common shares of Buyer to be conveyed pursuant to
this Agreement have not been registered under the Securities Act of 1933, as amended (the 1933 Act) the Nevada Securities Act or any other state securities laws ( the Securities Acts) because the Buyer is issuing these shares in reliance upon the
exemptions from the registrations requirements of the Securities Acts providing for issuance of securities not involving a public offering; (b) that the Buyer has relied upon the fact that the common shares to be issued are to be held by the Seller
for investment; and (c) that exemption from registration under the Securities Acts would not be available if the common shares to be issued were acquired by the Seller with a view to distribution. Accordingly, the Seller hereby confirms to the Buyer
that such Seller is acquiring the common shares for the Seller’s own account for investment and not with a view to the resale or distribution thereof. The Seller agrees not to transfer, sell or offer for sale any portion of the common shares
unless there is an effective registration or other qualification relating thereto under the Securities Acts or unless the Seller delivers to the Buyer an opinion of counsel, satisfactory to the Buyer, that such registration or other qualification
under the Securities Acts is not required in connection with such transfer, offer or sale. The Seller understands that the Buyer is under no obligation to register the common shares or to assist the Seller in complying with any exemption from
registration under the Securities Acts, if the Seller should, at a later date, wish to dispose of the common shares. Furthermore, the Seller realizes that the common shares are unlikely to qualify for disposition under Rule 144 promulgated under the
1933 Act, unless the Seller is not an “affiliate” of the Buyer and the common shares have been beneficially owned and fully paid for by the Seller for at least the period required by relevant rule or regulation prior to disposition. Prior
to acquiring the common shares, the Seller has made an investigation of the Buyer and its business and Buyer has made available to the Seller all information with respect thereto which the Sellers needed to make an informed decision to acquire the
common shares. The Seller considers itself to be a “Person” possessing experience and sophistication as an investor which are adequate for the evaluation of the merits and risks of Seller’s investment in the common shares. The Seller
further represents that it has such knowledge and experience in financial and business matters that makes it capable of evaluating the merits and risks of its ownership of the common shares, of protecting its own interests in connection therewith,
and of bearing the economic risk of losing its entire investment in the common shares. Finally, the Seller recognizes that its investment in the Buyer involves substantial risk, and that it has evaluated and fully understand all risks in its
decision to own common shares of the Buyer. 

	
ARTICLE FIFTEEN

NOTICES

     All notices, requests, demands, and other communications under this agreement shall be in writing and shall be deemed to have been duly given on the date of service if served personally on the
party to whom notice is to be given, or on the third day after mailing if mailed to the party to whom notice is to be given, by first class mail, registered or certified, postage prepaid, and properly addressed to the address indicated above. Any
party may change its address for purposes of this paragraph by giving the other parties written notice of the new address in the manner set forth above.

	
ARTICLE SIXTEEN

GOVERNING LAW

This Agreement shall be construed in accordance with, and governed by, the laws of the State of Nevada.

IN WITNESS WHERE0F, the parties to this agreement have duly executed it on the day and year

	
first above written.

	
BUYER

	
By

Stephen B. Doppler, President and CEO

Aurelio Resource Corporation

	
SELLER

	
By

David C. Knight, President and CEO

C3 Resources, Inc.Registration Rights Agreement dated June 16, 2009

 Exhibit 4.1 
 REGISTRATION RIGHTS AGREEMENT 
 This REGISTRATION RIGHTS AGREEMENT (this
“Agreement”) is made as of June 16, 2009 by and among Jamba, Inc., a Delaware corporation (the “Company”), the Advisor, and each of those Persons listed on the Schedule of Investors attached hereto as
Exhibit A who are signatories to this Agreement (each an “Investor,” and together the “Investors”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in
Section 1.1 hereof. 
 RECITALS 
 WHEREAS, pursuant to the Securities Purchase Agreement dated as of May 31, 2009 (the “Purchase Agreement”) by and among the Company and the Investors, the Company has agreed to issue and sell to
the Investors an aggregate of 170,000 shares of the Series B-1 Preferred Stock and an aggregate of 134,348 shares of the Series B-2 Preferred Stock; 
 WHEREAS, the obligations of the Company and the Investors under the Purchase Agreement are conditioned upon, among other things, the execution and delivery of this Agreement by the Company and the Investors.

 WHEREAS, the Company has agreed to issue to the Advisor a Warrant to purchase Common Stock as compensation for services rendered in
connection with the transactions set forth in the Purchase Agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants and
agreements set forth herein and for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 
 AGREEMENT 
 ARTICLE I DEFINITIONS 
 1.1 Definitions. As used in this Agreement, and unless the context requires a different meaning, the following terms have the meanings indicated:

 “Advisor” means North Point Advisors LLC. 
 “Affiliate” means any Person who is an “affiliate” as defined in Rule 12b-2 of the General Rules and Regulations under the Exchange Act. 
 “Agreement” means this Agreement as the same may be amended, supplemented or modified in accordance with the terms hereof. 

“Board of Directors” means the Board of Directors of the Company. 
 “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks in the State of New York are
authorized or required by law or executive order to close. 
 “Charter Documents” means the Certificate of Incorporation and
the Bylaws of the Company, each as may be amended from time to time. 
 “Closing Date” has the meaning set forth in the
Purchase Agreement. 

 “Common Stock” means the common stock, par value $0.001 per share, of the Company and
any other capital stock of the Company into which such stock is reclassified or reconstituted, and any securities of the Company or any successor which may be issued on or after the date hereof in respect of, or in exchange for, shares of Common
Stock pursuant to, among others, merger, consolidation, stock split, stock dividend, recapitalization of the Company or otherwise. 
 “Common Stock Equivalents” means any security or obligation which is by its terms, directly or indirectly, substantively analogous to, convertible into or exchangeable or exercisable into or for shares of Common Stock,
including, without limitation, shares of the Series B Preferred Stock and any option, warrant or other subscription or purchase right with respect to Common Stock. 
 “Company” has the meaning set forth in the preamble to this Agreement. 
 “Company
Underwriter” has the meaning set forth in Section 4.1. 
 “Designated Holder” means the Investors, the Advisor
and any permitted transferee of the Investors and Advisor to whom Registrable Securities have been transferred in accordance with Section 9.5 of this Agreement, other than a transferee to whom Registrable Securities have been transferred
pursuant to a Registration Statement under the Securities Act or Rule 144 or Regulation S under the Securities Act (or any successor rules thereto), but in each case solely for so long as such Investor, Advisor or transferee continues to be a holder
of Registrable Securities. 
 “Electing Holders” has the meaning set forth in Section 5.1. 
 “Eligible Market” has the meaning set forth in the definition of “Trading Day” as set forth in this Section 1.1.

 “Effectiveness Period” has the meaning set forth in Section 3.2(a). 
 “Event” has the meaning set forth in Section 3.3. 
 “Event Payment Date” has the meaning set forth in Section 3.3. 
 “Event
Payments” has the meaning set forth in Section 3.3. 
 “Exchange Act” means the securities Exchange Act of
1934, as amended, and the rules and regulations of the SEC thereunder. 
 “Existing Registration Rights” has the meaning set
forth in Section 9.2. 
 “FINRA” means the Financial Industry Regulatory Authority (or any successor entity thereto).

 “Governmental Authority” means the government of any nation, state, province, city, locality or other political
subdivision thereof, any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, and any corporation or other entity owned or controlled, through stock or capital ownership or
otherwise, by any of the foregoing. 
 “Holders’ Counsel” has the meaning set forth in Section 6.1(a). 

“Incidental Registration” has the meaning set forth in Section 4.1. 
 “Indemnified Party” has the meaning set forth in Section 7.3. 
  

 -2- 

 “Indemnifying Party” has the meaning set forth in Section 7.3. 
 “Investors” has the meaning set forth in the preamble to this Agreement and shall also include any permitted transferee thereof.

 “Inspector” has the meaning set forth in Section 5.2(b). 
 “Liability” has the meaning set forth in Section 7.1. 
 “Majority Interest” means the Designated Holders holding at least a majority of the then-outstanding Registrable Securities or, for the
avoidance of doubt, shares of Series B Preferred Stock (calculated on an as converted basis), but disregarding, in any event, the Registrable Securities issued or issuable to the Advisor by way of the exercise of the Warrant. 
 “Participating Holder” has the meaning set forth in Section 5.1. 
 “Person” means any individual, firm, corporation, partnership, limited liability company, trust, incorporated or unincorporated
association, joint venture, joint stock company, limited liability company, Governmental Authority or other entity of any kind, and shall include any successor (by merger or otherwise) of such entity. 
 “Purchase Agreement” has the meaning set forth in the recitals to this Agreement. 
 “Records” has the meaning set forth in Section 5.2(b). 
 “Registrable Securities” means, subject to Section 2.2 below (a) shares of Common Stock issued or issuable upon conversion of
the shares of Series B Preferred Stock or upon the exercise of the Warrant; and (b) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right or other security which is issued as) a dividend or other
distribution with respect to, or in exchange for or in replacement of the securities referenced in clause (a) above. 
 “Registration Expenses” has the meaning set forth in Section 6.3. 
 “Registration Statement”
means a registration statement filed pursuant to the Securities Act. 
 “Required Effectiveness Date” means the earlier of
(A) the date that is forty-five (45) days from the Required Filing Date; provided, that, if the SEC reviews and has written comments to the filed Registration Statement, then the Required Effectiveness Date under this clause
shall be sixty (60) days from the Required Filing Date, or (B) five (5) Business Days following the date the SEC or the Staff notifies the Company that it will not review the Registration Statement or that the Company may request
effectiveness of the Registration Statement. 
 “Required Filing Date” has the meaning set forth in Section 3.1.

 “SEC” means the United States Securities and Exchange Commission or any similar or successor agency then having
jurisdiction to enforce the Securities Act. 
 “SEC Approved Registrable Securities” means Registrable Securities other than
SEC Non-Registrable Securities. 
 “SEC Non-Registrable Securities” means the Registrable Securities excluded from the
Registration Statement either (i) pursuant to Section 3.2(b) because the SEC or the Staff has indicated through 

  

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comment letters or otherwise that such securities are not eligible to be resold under Rule 415 of the Securities Act, or (ii) pursuant to
Section 3.2(c). 
 “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations of the
SEC promulgated thereunder. 
 “Series B Preferred Stock” means collectively the Series B-1 Preferred Stock and the Series
B-2 Preferred Stock. 
 “Series B-1 Preferred Stock” means the Series B-1 Convertible Preferred Stock, par value $0.001 per
share, of the Company. 
 “Series B-2 Preferred Stock” means the Series B-2 Convertible Preferred Stock, par value $0.001
per share, of the Company. 
 “Shelf Registration Statement” has the meaning set forth in Section 3.1. 
 “Staff” has the meaning set forth in Section 3.2(b). 
 “Trading Day” means (a) any day on which the Common Stock is listed or quoted and traded on any national securities exchange, market or trading or quotation facility on which the Common Stock is
then listed or quoted (an “Eligible Market”), or (b) if the Common Stock is not then listed or quoted and traded on any Eligible Market, then a day on which trading occurs on the OTC Bulletin Board (or any successor thereto),
or (c) if trading ceases to occur on the OTC Bulletin Board (or any successor thereto), any Business Day. 
 “Underwriter
Identification” has the meaning set forth in Section 3.2(b). 
 “Victory Park Registration Rights” has the
meaning set forth in Section 9.2. 
 “Warrant” means the warrant to purchase shares of Common Stock issued to the
Advisor as compensation for services rendered in connection with the transactions set forth in the Purchase Agreement. 
 ARTICLE II GENERAL; SECURITIES
SUBJECT TO THIS AGREEMENT 
 2.1 Grant of Rights. The Company hereby grants registration rights to the Designated Holders upon the
terms and conditions set forth in this Agreement. 
 2.2 Registrable Securities. For the purposes of this Agreement, securities of the
Company listed in clauses (a) and (b) of the definition of “Registrable Securities” in Section 1.1 hereof will cease to be Registrable Securities, when (i) a Registration Statement covering such Registrable Securities
has been declared effective under the Securities Act by the SEC and all such Registrable Securities have been disposed of pursuant to such effective Registration Statement, (ii) the entire amount of the Registrable Securities owned by a
Designated Holder may be sold in a single sale, in the opinion of counsel satisfactory to the Company and such Designated Holder, each in their reasonable judgment (it being agreed that DLA Piper LLP (US) shall be satisfactory counsel), without any
limitation as to volume pursuant to Rule 144 (or any successor provision then in effect) under the Securities Act or (iii) such Registrable Securities have been sold pursuant to Rule 144 under the Securities Act. 
  

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 2.3 Holders of Registrable Securities. A Person is deemed to be a holder of Registrable Securities
whenever such Person owns of record Registrable Securities, or holds an option to purchase, or a security convertible into or exercisable or exchangeable for, Registrable Securities whether or not such acquisition or conversion has actually been
effected. If the Company receives conflicting instructions, notices or elections from two or more Persons with respect to the same Registrable Securities, the Company shall act upon the basis of the instructions, notice or election received from the
record owner of such Registrable Securities. 
 ARTICLE III SHELF REGISTRATION 
 3.1 Shelf Registration Statement. Not later than thirty (30) days after the Closing Date (such 30th day, the “Required Filing
Date”), the Company shall file with the SEC a registration statement pursuant to Rule 415 of the Securities Act (the “Shelf Registration Statement”) on Form S-3 (or any successor form thereto), or if Form S-3 may not be
used by the Company pursuant to applicable law, on Form S-1 (or any successor form thereto, with respect to the resale, from time to time, covering all of the Registrable Securities held by the Designated Holders. The Shelf Registration Statement
shall contain substantially the “Plan of Distribution” attached hereto as Exhibit B. The disposition of Registrable Securities from the Shelf Registration Statement may occur, at any time, in one or more underwritten
offerings, block transactions, broker transactions, at-market transactions or in such other manner or manners as may be specified by the applicable Designated Holders. Notwithstanding the above, if the Company is required to file the Registration
Statement on a Form S-1, then the Company shall have sixty (60) days from the Closing Date to prepare and file the Registration Statement and the Required Filing Date shall be, in such case, the sixtieth (60th) day after the Closing Date.

 3.2 Effective Shelf Registration Statement. 
 (a) The Company shall use its reasonable best efforts to cause the Shelf Registration Statement to become effective as soon as practicable, but not later than the Required Effectiveness Date, and shall use its
reasonable best efforts to keep the Shelf Registration Statement continuously effective under the Securities Act, subject to the provisions of Sections 6.4 and 6.5 hereof, until the earlier of (i) such time as the Company delivers an opinion of
counsel reasonably acceptable to the Majority Interest (it being agreed that DLA Piper LLP (US) shall be satisfactory counsel) that each Designated Holder may sell in the open market in a single transaction all Registrable Securities then held by
each such Designated Holder pursuant to Rule 144 of the Securities Act (or any similar provision then in force) without being subject to the volume limitations thereof or otherwise under an applicable exemption from the registration requirements of
the Securities Act, as amended, and all other applicable securities and blue sky laws or (ii) all Registrable Securities covered by such Shelf Registration Statement have been sold pursuant to such Shelf Registration Statement or pursuant to
Rule 144 (such period being the “Effectiveness Period”). 
 (b) Notwithstanding anything to the contrary in this Agreement
(other than Section 3.2(d) below), in the event the staff of the SEC (the “Staff”) or the SEC seeks to characterize any offering pursuant to a Registration Statement filed pursuant to this Agreement as constituting an offering
of securities by or on behalf of the Company such that Rule 415 is not available to the Company to register the resale of such Registrable Securities and, as a result, the Staff or the SEC does not permit such Registration Statement to become
effective and used for resales in a manner that permits the continuous resale at the market by the Designated Holders participating therein (or as otherwise may be acceptable to each Designated Holder) without being named therein as an
“underwriter,” then the Company shall reduce the number of shares to be included in such Registration Statement (in accordance with the following sentence) until such time as the Staff and the SEC shall so permit such Registration
Statement to become effective as aforesaid. In making such reduction, the Company shall reduce (i) first, the number of Registrable Securities to be 

  

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included by the Advisor (if any) until, if necessary, none of the Advisor’s Registrable Securities are included and (ii) second, the number of
Registrable Securities to be included by all other Designated Holders on a pro rata basis (based upon the number of Registrable Securities otherwise required to be included for each such Designated Holder) unless the inclusion of shares by a
particular Designated Holder or a particular set of Designated Holders results in the Staff or the SEC’s taking the position that the inclusion of such Registrable Securities by such Designated Holders would constitute a registration “by
or on behalf of the Company,” in which event, the shares held by such Designated Holder or set of Designated Holders shall be the only shares subject to reduction (and, if by a set of Designated Holders, the number of Registrable Securities to
be included by the Advisor (if any) shall be subject to such reduction first until, if necessary, none of the Advisor’s Registrable Securities are included and, second, on a pro rata basis by such other Designated Holders or on such other basis
as would result in the exclusion of the least number of shares by all such other Designated Holders). In addition, in the event that the Staff or the SEC requires any Designated Holder seeking to sell securities under a Registration Statement filed
pursuant to this Agreement to be specifically identified as an “underwriter” (an “Underwriter Identification”) in order to permit such Registration Statement to become effective, and such Designated Holder (subject to
Section 3.2(d) below) does not consent to being so named as an underwriter in such Registration Statement, then, in each such case, the Company shall reduce the total number of Registrable Securities to be registered on behalf of such
Designated Holder, only to the extent necessary as would cause the Staff or the SEC not to require such Underwriter Identification or until such Designated Holder accepts such Underwriter Identification and the manner thereof. In the event of any
reduction in Registrable Securities pursuant to this Section 3.2(b), if requested by a Designated Holder holding Registrable Securities that were so excluded from such registration, the Company shall use its reasonable best efforts to cause
such Registrable Securities to be registered to the greatest extent and at the earliest opportunity practicable and in any event not later sixty (60) days after the earliest practicable date permitted under applicable guidance of the SEC and
the Staff (and shall use its reasonable best efforts to effect additional registrations of Registrable Securities until all such securities have been included in additional Registration Statements). 
 (c) Notwithstanding anything to the contrary in this Agreement, a Designated Holder shall have the right to require the Company to exclude all or any
portion of such Designated Holder’s Registrable Securities from any Registration Statement, by written notice to the Company upon such Designated Holder’s reasonable belief that (i) inclusion of such Registrable Securities in the
Registration Statement could subject such Designated Holder to underwriter liability, or (ii) the SEC or the Staff will impose restrictions and terms on the disposition of such Registrable Securities that are materially inconsistent with the
Plan of Distribution attached hereto as Exhibit B. In such event, the Company shall be required to file a new Registration Statement for such excluded shares in accordance with Section 3.2(b). 
 (d) If any such Registration Statement and related prospectus refers to any Designated Holder by name or otherwise as the holder of any securities of the
Company and if in such holder’s sole and exclusive judgment, such holder is or might be deemed to be an underwriter or a controlling person of the Company, or that such reference could reasonably be expected to result in an Underwriting
Identification requirement, such holder shall have the right to (i) require the insertion therein of language, in form and substance satisfactory to such holder and presented to the Company in writing, to the effect that the holding by such
holder of such securities is not to be construed as a recommendation by such holder of the investment quality of the Company’s securities covered thereby and that such holding does not imply that such holder will assist in meeting any future
financial requirements of the Company, or (ii) in the event that such reference to such holder by name or otherwise is not required by the Securities Act or any similar federal statute then in force, require the deletion of the reference to
such holder. 
 3.3 Event Payments. Should an Event (as defined below) occur then, upon each monthly anniversary of the occurrence of
such Event (an “Event Payment Date”) until the applicable Event is cured, as relief 

  

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for the damages suffered therefrom by the Investors or permitted transferee of the Investors (the parties hereto agreeing that the liquidated damages
provided for in this Section 3.3 constitute a reasonable estimate of the damages that may be incurred by the Investors by reason of such Event and that such liquidated damages represent the exclusive monetary remedy for the Designated Holders
for damages suffered due to such Event; provided, however, that this shall in no manner limit the Designated Holders’ entitlement to specific performance as provided for in Section 9.3), the Company shall pay to each Investor an
amount in cash, as liquidated damages and not as a penalty, equal to one-twentieth of a percent (0.05%) of (i) the number of SEC Approved Registrable Securities then held by such Investor as of the date of such Event, multiplied by
(ii) the purchase price paid by such Investor for such SEC Approved Registrable Securities then held, for each day that such Event continues, excluding the day on which such Event has been cured. The payments to which an Investor shall be
entitled pursuant to this Section 3.3 are referred to herein as “Event Payments.” In the event the Company fails to make Event Payments to an Investor within five (5) Business Days after an Event Payment Date, such Event
Payments owed to such Investor shall bear interest at the rate of one half percent (0.5%) per month (prorated for partial months) until paid in full. All pro rated calculations made pursuant to this paragraph shall be based upon the actual number of
days in such pro rated month. Notwithstanding the foregoing provisions, in no event shall the Company be obligated to pay such liquidated damages (a) to more than one Investor in respect of the same Registrable Securities for the same period of
time, (b) in an aggregate amount that exceeds five percent (5.0%) of the purchase price paid by such Investor for its Registrable Securities pursuant to the Purchase Agreement, and (c) to the Advisor. 
 For such purposes, each of the following shall constitute an “Event”: 
 (a) a Registration Statement is not filed on or prior to the Required Filing Date or is not declared effective on or prior to the Required Effectiveness
Date except: (A) as provided for in Section 6.4 or (B) in the event that the SEC or the Staff (whether by means of a comment letter provided by the SEC or the Staff relating to the Registration Statement or otherwise) makes a
determination that the registration of the Registrable Securities under the Registration Statement may not be appropriately characterized as secondary offerings that are eligible to be made on a shelf basis under Rule 415 or that one or more of the
Designated Holders should be subjected to Underwriter Identification; or 
 (b) on and after the effective date of a Registration Statement
filed hereunder, a Designated Holder is not permitted to sell SEC Approved Registrable Securities under the Registration Statement (or a subsequent Registration Statement filed in replacement thereof) for any reason (other than the fault of such
Designated Holder) for more than forty five (45) days in any one hundred and eighty day (180) day period or for more than ninety (90) days in any twelve month period. 
 3.4 Expenses. The Company shall bear all Registration Expenses in connection with this ARTICLE III, whether or not the Shelf Registration
Statement becomes effective. 
 ARTICLE IV INCIDENTAL OR “PIGGY-BACK” REGISTRATION 
 4.1 Request for Incidental Registration. At any time after the date hereof until the end of the Effectiveness Period, if (i) the Company
proposes to file a Registration Statement under the Securities Act with respect to an offering by the Company for its own account (other than a Registration Statement on Form S-4 or S-8 or any successor thereto), or (ii) the Company proposes to
file a Registration Statement under the Securities Act with respect to an offering for the account of any stockholder of the Company other than any Designated Holder, then in each case the Company shall give written notice of such proposed filing to
each of the Designated Holders at least thirty (30) days before the anticipated filing date, and such notice shall specify, at minimum, the proposed date of filing of such Registration Statement, any 

  

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proposed means of distribution of such Registrable Securities or other securities, any proposed managing underwriter or underwriters of such Registrable
Securities or other securities and a good faith estimate by the Company of the proposed maximum offering price thereof, as such price is proposed to appear on the facing page of such registration statement, and offer such Designated Holders the
opportunity to register the number of Registrable Securities as each such Designated Holder may request (an “Incidental Registration”). The Company shall use its best efforts (within twenty (20) days of the notice by the
Designated Holders provided for below in this sentence) to cause the managing underwriter or underwriters in the case of a proposed underwritten offering (the “Company Underwriter”) to permit each of the Designated Holders who have
requested in writing to the Company within ten (10) Business Days of the giving of the notice by the Company to participate in the Incidental Registration to include its, his or her Registrable Securities in such offering on the same terms and
conditions as the securities of the Company or the account of such other stockholder, as the case may be, included therein. In connection with any Incidental Registration under this Section 4.1 involving an underwritten offering, the Company
shall not be required to include any Registrable Securities in such underwritten offering unless the Designated Holders thereof accept the terms of the underwritten offering as reasonably agreed upon between the Company, such other stockholders, if
any, and the Company Underwriter. If the Company Underwriter determines in writing to the Company that the registration of all or part of the Registrable Securities which the Designated Holders have requested to be included in an offering by the
Company for its own account (other than a Registration Statement on Form S-4 or S-8 or any successor thereto) would materially adversely affect the price, timing or distribution of the securities offered or the price per security that will derive
from such registration, then the Company shall be required to include in such Incidental Registration, to the extent of the amount that the Company Underwriter believes may be sold without causing such adverse effect, (i) all of the securities
to be offered for the account of the Company, (ii) the Registrable Securities to be offered for the account of the Designated Holders (other than the Advisor) pursuant to this ARTICLE IV, as a group, which Registrable Securities shall be
allocated pro rata among such Designated Holders based on the number of Registrable Securities requested to be included in such offering by each such Designated Holder, (iii) the Registrable Securities to be offered for the account of the
Advisor pursuant to this Article IV and (iv) other securities requested to be included in such offering; provided, however, that no such reduction shall reduce the shares of Registrable Securities held by the Designated Holders
(disregarding the Registrable Securities of the Advisor, which are subject to the applicable reductions noted above in this Section 4.1) included in the registration to below 20% of the total amount of securities included in such registration,
unless such adverse effect is related to any of the matters contemplated by Section 3.2(b) hereof, in which case such 20% floor shall not apply and such Registrable Securities may be excluded pursuant to the provisions of Section 3.2(b)
hereof. If the Company Underwriter determines in writing that the registration of all or part of the Registrable Securities which the Designated Holders have requested to be included in an offering for the account of any stockholder of the Company
other than any Designated Holders (“Other Stockholders”) would materially adversely affect the price, timing or distribution of the securities offered or the price per security that will derive from such registration, then the
Company shall be required to include in such Incidental Registration, to the extent of the amount that the Company Underwriter believes may be sold without causing such adverse effect, (i) all of the securities to be offered for the account of
such Other Stockholders, (ii) the Registrable Securities to be offered for the account of the Designated Holders (other than the Advisor) pursuant to this ARTICLE IV, as a group, which Registrable Securities shall be allocated pro rata among
such other Designated Holders based on the number of Registrable Securities requested to be included in such offering by each such Designated Holder, (iii) the Registrable Securities to be offered for the account of the Advisor pursuant to this
Article IV, (iv) all of the securities to be offered for the account of the Company, and (v) other securities requested to be included in such offering; provided, however, that no such reduction shall reduce the shares of
Registrable Securities held by the Designated Holders (disregarding the Registrable Securities of the Advisor, which are subject to the applicable reductions noted above in this Section 4.1) included in the registration to below 40% of the
total amount of securities included in such registration unless such adverse effect is related to any of the matters contemplated by Section 3.2(b) above, in which case such 40% floor shall 

  

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not apply and such Registrable Securities may be excluded pursuant to the provisions of Section 3.2(b). For the avoidance of doubt, no registration
pursuant to this Section 4.1 shall relieve the Company of its obligations to register Registrable Securities pursuant to Sections 3.1 and 3.2. 
 4.2 Right to Terminate Registration. The Company shall have the right to terminate or withdraw any registration initiated by it under Section 4.1 prior to the effectiveness of such registration whether or not any Designated
Holder has elected to include Registrable Securities in such registration. A Designated Holder shall have the right, by written notice to the Company, to exclude all or any portion of such Designated Holder’s Registrable Securities from any
Registration Statement effected pursuant to this ARTICLE IV at any time prior to its effectiveness. 
 4.3 Expenses. The Company shall
bear all Registration Expenses in connection with any Incidental Registration pursuant to this ARTICLE IV, whether or not such Incidental Registration becomes effective. 
 ARTICLE V UNDERWRITTEN OFFERINGS 
 5.1 Market Underwritten Offering. After one (1) year
from the Closing Date, the Designated Holders may distribute all or any portion of the Registrable Securities by means of an underwritten offering; provided, that: (i) a Majority Interest has requested such underwritten offering (the
“Electing Holders”), (ii) the Electing Holders provide written notice to the Company and the other Designated Holders of their intention to distribute Registrable Securities by means of an underwritten offering; (iii) the
managing underwriter or underwriters thereof shall be designated by the Electing Holders (provided, however, that such designated managing underwriter or underwriters shall be reasonably acceptable to the Company); (iv) each Designated
Holder participating in such underwritten offering (each a, “Participating Holder,” and collectively, the “Participating Holders”) agrees to sell such Participating Holder’s Registrable Securities on the basis
provided in any underwriting arrangements approved by the Electing Holders entitled selecting the managing underwriter or underwriters hereunder; (v) each Participating Holder participating in such underwritten offering completes and executes
all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents reasonably required under the terms of such underwriting arrangements; and (vi) the underwritten sale pursuant to this Section must be for a number
of Registrable Securities, which based on the good faith determination by the Electing Holders, would result in gross proceeds of at least $10 million. 
 5.2 The Company agrees that in the event an underwritten offering pursuant to this Section 5.1 is undertaken, the Company shall (without limitation to the obligations of the Company set forth in Article VI):

 (a) enter into and perform customary agreements (including an indemnity agreement with customary indemnification provisions) and take such
other actions as reasonably required in order to expedite or facilitate the disposition of such Registrable Securities, including causing its officers to participate in “road shows” and other information meetings organized by the
underwriter, if applicable; 
 (b) make available at reasonable times for inspection by any Designated Holder, any managing underwriter
participating in any disposition of such Registrable Securities pursuant to a Registration Statement, Holders’ Counsel and any attorney, accountant or other agent retained by any such Designated Holder or any managing underwriter (each, an
“Inspector” and, collectively, the “Inspectors”), all financial and other records, pertinent corporate documents and properties of the Company and its subsidiaries, and such other information (collectively, the
“Records”) as shall be reasonably necessary to enable any such Inspector to exercise their due diligence responsibility, and cause the Company’s and its subsidiaries’ officers, directors and employees, and the independent
public accountants of the Company, 

  

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to supply all information reasonably requested by any such Inspector in connection with such Registration Statement. Notwithstanding the foregoing, Records
and other information that the Company determines, in good faith, to be confidential, and which is delivered to the Inspectors pursuant to written instruction to keep such information confidential, shall not be disclosed by the Inspectors or used
for any purpose other than as necessary or appropriate for the purpose of such inspection (and the Inspectors shall confirm their agreement in writing in advance to the Company if the Company shall so request) unless (i) the disclosure of such
Records is necessary, in the Company’s judgment, to avoid or correct a misstatement or omission in the Registration Statement, (ii) the release of such Records is ordered pursuant to a subpoena or other order from a court of competent
jurisdiction after exhaustion of all appeals therefrom or (iii) the information in such Records was and/or becomes otherwise known to the Inspectors on a non-confidential basis, prior to or after its disclosure by the Company, or was and/or
becomes generally available to the public. Each Designated Holder agrees that it shall promptly, upon learning that disclosure of such Records is sought in a court of competent jurisdiction, give notice to the Company and allow the Company, at the
Company’s expense, to undertake appropriate action to prevent disclosure of the Records deemed confidential, and such Designated Holder shall reasonably cooperate with the Company in connection therewith; 
 (c) furnish, at the request of any seller of Registrable Securities on the date such securities are delivered to the underwriters for sale pursuant to
such registration or, if such securities are not being sold through underwriters, on the date the Registration Statement with respect to such securities becomes effective and dated as of such date, an opinion of counsel representing the Company for
the purposes of such registration, addressed to the underwriters, if any, and to the seller making such request, covering such legal matters with respect to the registration in respect of which such opinion is being given as the underwriters, if
any, and such seller may reasonably request and are customarily included in such opinions; and 
 (d) obtain one or more “cold
comfort” letters, dated the effective date of such Registration Statement and dated the date of the closing under the applicable underwriting agreement, signed by the independent certified public accountants of the Company who have certified
the financial statements included in such Registration Statement, in customary form and covering such matters of the type customarily covered by “cold comfort” letters as the holders of a Majority Interest. 
 ARTICLE VI REGISTRATION PROCEDURES 
 6.1
Obligations of the Company. Whenever registration of Registrable Securities has been requested pursuant to ARTICLE III or ARTICLE IV of this Agreement, the Company shall use its reasonable best efforts to effect the registration of such
Registrable Securities in accordance with the intended method of distribution thereof, and in connection with any such request, the Company shall, as expeditiously as possible: 
 (a) before filing a Registration Statement or prospectus or any amendments or supplements thereto relating to Registrable Securities, the Company shall
provide a single counsel selected by the Designated Holders holding a majority of the Registrable Securities being registered in such registration (disregarding any Registrable Securities of the Advisor) (“Holders’ Counsel”)
with an adequate and appropriate opportunity to review and comment on such Registration Statement and each prospectus included therein (and each amendment or supplement thereto) to be filed with the SEC, provided, that in no event shall such
review period be required to be more than ten (10) days. The Company shall reasonably cooperate with Holders’ Counsel in performing the Company’s obligations under this Agreement. The Company shall promptly notify the Holders’
Counsel and each seller of Registrable Securities of any stop order issued or threatened by the SEC relating to Registrable Securities and use all best efforts to prevent the entry of such stop order or to remove it if entered; 
  

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 (b) prepare and file with the SEC such amendments and supplements to such Registration Statement and the
prospectus used in connection therewith as may be reasonably necessary to keep such Registration Statement effective for the period specified in such ARTICLE III, or with respect to ARTICLE IV and if not so specified therein, the lesser of
(A) one hundred and eighty (180) days and (B) such shorter period which will terminate when all Registrable Securities covered by such Registration Statement have been sold and shall comply with the provisions of the Securities Act
with respect to the disposition of all securities covered by such Registration Statement during such period in accordance with the intended methods of disposition by the sellers thereof set forth in such Registration Statement; 
 (c) furnish to each seller of Registrable Securities, prior to filing a Registration Statement relating to Registrable Securities, at least one executed
copy of such Registration Statement as is proposed to be filed, and thereafter such number of conformed copies of such Registration Statement, each amendment and supplement thereto (in each case including all exhibits thereto), the prospectus
included in such Registration Statement (including each preliminary prospectus and any summary prospectus) and such other documents or prospectus as each such seller may reasonably request in order to facilitate the disposition of the Registrable
Securities owned by such seller; 
 (d) register or qualify such Registrable Securities under such other securities or “blue sky”
laws of such jurisdictions as any seller of Registrable Securities may reasonably request, and continue such registration or qualification in effect in such jurisdiction for as long as permissible pursuant to the laws of such jurisdiction, or for as
long as any such seller reasonably requests or until all of such Registrable Securities are sold, whichever is shortest, and do any and all other acts and things which may be reasonably necessary or advisable to enable any such seller to consummate
the disposition in such jurisdictions of the Registrable Securities owned by such seller; provided, however, that the Company shall not be required to (A) qualify generally to do business as a foreign entity in any jurisdiction
where it would not otherwise be required to qualify but for this Section 6.1(d), (B) subject itself to taxation in any such jurisdiction or (C) consent to general service of process in any such jurisdiction; 
 (e) promptly notify each seller of Registrable Securities: (i) when a prospectus, any prospectus supplement, a Registration Statement or a
post-effective amendment to a Registration Statement (but only if relating to Registrable Securities) has been filed with the SEC, and, with respect to a Registration Statement or any post-effective amendment (but only if relating to Registrable
Securities), when the same has become effective; (ii) of any comments or request by the SEC or any other federal or state Governmental Authority for amendments or supplements to a Registration Statement or related prospectus or for additional
information (but only if relating to Registrable Securities); (iii) of the issuance by the SEC or any other Governmental Authority of any stop order suspending the effectiveness of a Registration Statement relating to Registrable Securities or
of any order suspending or preventing the use of any related prospectus or the initiation or threatening of any proceedings for that purpose; (iv) of the receipt by the Company of any notification with respect to the suspension of the
qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction or the initiation or threatening of any proceedings for such purpose; (v) of the existence of any fact or happening of any event
(including the passage of time) of which the Company has knowledge which makes any statement of a material fact in such Registration Statement or related prospectus or any document incorporated or deemed to be incorporated therein by reference
untrue or which would require the making of any changes to the Registration Statement or prospectus in order that, in the case of the Registration Statement, it will not contain any untrue statement of a material fact or omit to state any material
fact required to be stated therein or necessary to make the statements therein not misleading, and that in the case of such prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact required to be
stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; and (vi) determination by counsel of the 

  

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Company that a post-effective amendment to a Registration Statement relating to Registrable Securities is advisable; 
 (f) upon the occurrence of any event contemplated by clause (v) of Section 6.1(e), as promptly as practicable, prepare a supplement, amendment
or post-effective to such Registration Statement or related prospectus and furnish to each seller of Registrable Securities a reasonable number of copies of such supplement to or an amendment or post-effective amendment of such Registration
Statement or prospectus as may be necessary so that, after delivery to the purchasers of such Registrable Securities, in the case of the Registration Statement, it will not contain any untrue statement of a material fact or omit to state any
material fact required to be stated therein or necessary to make the statements therein not misleading, and that in the case of such prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact required
to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. 
 (g) Upon the occurrence of any event contemplated by clauses (iii) or (iv) of Section 6.1(e), as promptly as practicable, the Company shall use its reasonable best efforts to promptly obtain the withdrawal of any such order
or suspension and shall immediately notify each seller of Registrable Securities of any such withdrawal; 
 (h) cause all such Registrable
Securities to be listed on each securities exchange on which similar securities issued by the Company are then listed; provided, that the applicable listing requirements are satisfied; 
 (i) keep Holders’ Counsel reasonably advised in writing as to the initiation and progress of any registration hereunder; provided, that the
Company shall provide Holders’ Counsel with all correspondence with Staff or the SEC in connection with any Registration Statement filed hereunder to the extent that such Registration Statement has not been declared effective on or prior to the
date required hereunder; 
 (j) provide reasonable cooperation to each seller of Registrable Securities and each underwriter participating in
the disposition of such Registrable Securities and their respective counsel in connection with any filings required to be made with the FINRA; provided, that the Company shall not be required to incur material expenses or obligations in
connection with its obligations under this Section 6.1(j); 
 (k) cooperate with the Designated Holders of the Registrable Shares to
facilitate the timely preparation and delivery of certificates representing such Registrable Shares to be delivered to a transferee pursuant to a Registration Statement, which certificates shall be free of any restrictive legends and in such
denominations and registered in such names as such Designated Holders may request; 
 (l) not later than the Required Effectiveness Date of
any Registration Statement, the Company shall provide CUSIP numbers for the Registrable Securities registered for resale under such Registration Statement, and provide the transfer agent for the Registrable Shares one or more certificates for such
Registrable Shares, in a form eligible for deposit with the Depository Trust Company; and 
 (m) take all other steps reasonably necessary
and advisable to effect the registration of the Registrable Securities contemplated hereby. 
 6.2 Seller Information. The Company may
require each seller of Registrable Securities as to which any registration is being effected to furnish, and such seller shall furnish, to the Company such information regarding the distribution of such securities as the Company may from time to
time reasonably request in writing in response to requests made by the Staff or to permit the Company to 

  

 -12- 

 
comply with the rules and regulations of the SEC. The furnishing of such information shall be a condition to the inclusion of the seller’s shares in
such registration. 
 6.3 Registration Expenses. The Company shall pay all expenses arising from or incident to its performance of, or
compliance with, this Agreement, including, without limitation, (i) SEC, stock exchange and FINRA registration and filing fees, (ii) all fees and expenses incurred in complying with securities or “blue sky” laws (including
reasonable fees, charges and disbursements of counsel to any underwriter incurred in connection with “blue sky” qualifications of the Registrable Securities as may be set forth in any underwriting agreement), (iii) all printing,
messenger and delivery expenses, (iv) the reasonable fees, charges and expenses of the Holders’ Counsel (including without limitation the fees charges and expenses incurred in connection with any amendments to a Registration Statement),
and (v) the reasonable fees, charges and expenses of counsel to the Company and of its independent certified public accountants and any other accounting fees, charges and expenses incurred by the Company (including, without limitation, any
expenses arising from any “cold comfort” letters or any special audits incident to or required by any registration or qualification), regardless of whether such Registration Statement is declared effective. All of the expenses described in
the preceding sentence of this Section 6.3 are referred to herein as “Registration Expenses.” The Designated Holders of Registrable Securities sold pursuant to a Registration Statement shall bear the expense of any
broker’s commission or underwriter’s discount or commission relating to registration and sale of such Designated Holders’ Registrable Securities. 
 6.4 Notice to Discontinue. Each Designated Holder agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in clause (v) of Section 6.1(e), such
Designated Holder shall forthwith discontinue disposition of Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such Designated Holder’s receipt of the copies of the supplemented or amended
prospectus contemplated by Section 6.1(f) and, if so directed by the Company, such Designated Holder shall deliver to the Company (at the Company’s expense) all copies, other than permanent file copies then in such Designated Holder’s
possession, of the prospectus covering such Registrable Securities which is current at the time of receipt of such notice. If the Company shall give any such notice, the Company shall extend the period during which such Registration Statement shall
be maintained effective pursuant to this Agreement (including, without limitation, the period referred to in Section 6.1(b)) by the number of days during the period from and including the date of the giving of such notice pursuant to clause
(v) of Section 6.1(e) to and including the date when sellers of such Registrable Securities under such Registration Statement shall have received the copies of the supplemented or amended prospectus contemplated by, and meeting the
requirements of, Section 6.1(f); provided, that, no single suspension under this Section 6.4 shall exceed forty-five (45) days in any one hundred and eight (180) day period and in no event shall more than one suspension
event exceed, in the aggregate, sixty (60) days in any twelve (12) month period. 
 6.5 Suspension of
Sales. Notwithstanding anything in this Agreement to the contrary, so long as the Registration Statement is on Form S-1 or on any other form that does not allow for forward incorporation by reference of reports and other materials filed by the
Company pursuant to Section 13(a) or 15(d) of the Exchange Act, the Company may suspend sales under such Registration Statement as follows (but, in any event, no single suspension event shall exceed forty-five (45) days in any one hundred
and eighty (180) day period) and in no event shall more than one suspension event exceed, in the aggregate, sixty (60) days in any twelve (12) month period: (i) for the period commencing at the time that the Company disseminates
a press release announcing its preliminary financial results for any fiscal period and ending on the third (3rd) Business Day after the earlier of (A) the date that the related report on Form 10-K or 10-Q, as applicable, under the Exchange Act is filed with the SEC and (B) the date on which such report is
required to be filed under the Exchange Act (giving effect to Rule 12b-25 promulgated thereunder); (ii) for the period commencing at the time that the Company disseminates a press release announcing a 

  

 -13- 

 
material development that would make a statement of a material fact in such Registration Statement untrue or misleading and ending on the third
(3rd) Business Day after the earlier of (A) the date that the related
report on Form 8-K is filed with the SEC and (B) the date on which such report is required to be filed under the Exchange Act (giving effect to Rule 12b-25 promulgated thereunder); (iii) to the extent necessary to allow any post-effective
amendment to the Registration Statement or supplement to the prospectus to be prepared and, if necessary, filed with the SEC and, in the case of a post-effective amendment, declared effective; and (iv) for a period during which the
Company, in the good faith opinion of the Board of Directors, determines that the disclosure of material, non-public information concerning the Company or any of its subsidiaries would be materially detrimental to the Company; provided, that
the Company shall promptly notify the Designated Holders in writing (I) of the existence of such material, non-public information (provided that in each notice the Company will not disclose the content of such material, non-public information
to the Designated Holders) and the date on which such suspension will begin and (II) of the date on which such suspension ends. The Company will use its reasonable best efforts to minimize periods during which the Registration Statement is not
effective. 
 ARTICLE VII INDEMNIFICATION; CONTRIBUTION 
 7.1 Indemnification by the Company. The Company agrees to indemnify and hold harmless each Designated Holder, its general or limited partners, members, directors, officers, Affiliates and each Person who
controls (within the meaning of Section 15 of the Securities Act) any of the foregoing from and against any and all losses, claims, damages, liabilities and expenses (including reasonable costs of investigation) (each, a
“Liability” and collectively, “Liabilities”), (i) arising out of or based upon any untrue, or allegedly untrue, statement of a material fact contained in any Registration Statement, prospectus or preliminary,
final or summary prospectus, or document incorporated by reference into any of the foregoing, or notification or offering circular (as amended or supplemented if the Company shall have furnished any amendments or supplements thereto),
(ii) arising out of or based upon any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances under which such
statements were made, except insofar as such Liability arises out of or is based upon any untrue statement or omission contained in such Registration Statement, preliminary prospectus or final prospectus in reliance and in conformity with
information concerning such Designated Holder furnished in writing to the Company by such Designated Holder specifically for use therein, or (iii) any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any
state securities laws or any rule or regulation promulgated under the Securities Act, the Exchange Act or any state securities laws in connection with the sale of securities by such Designated Holder pursuant to any Registration Statement in which
such Designated Holder is participating. The Company shall also provide customary indemnities to any underwriters (or persons, including broker-dealers or agents deemed “underwriters” within the meaning of the Securities Act) of the
Registrable Securities, their officers, directors and employees and each Person who controls such underwriters (within the meaning of Section 15 of the Securities Act) to the same extent as provided above with respect to the indemnification of
the Designated Holders of Registrable Securities. 
 7.2 Indemnification by Designated Holders. In connection with any Registration
Statement in which a Designated Holder is participating pursuant to ARTICLE III or ARTICLE IV hereof, each such Designated Holder shall promptly furnish to the Company in writing such information with respect to such Designated Holder as may be
required by law or regulation for use in connection with any such Registration Statement or prospectus and all information required to be disclosed in order to make the information previously furnished to the Company by such Designated Holder not
materially misleading or necessary to cause such Registration Statement or prospectus not to omit a material fact with respect to such Designated Holder necessary in order to make the statements therein not misleading. Each Designated Holder agrees
to indemnify and hold harmless the Company, its directors, officers, Affiliates, and each Person who controls the Company to the same extent as the foregoing indemnity from the 

  

 -14- 

 
Company to the Designated Holders, but only if such untrue statement or omission was made in reliance upon and in conformity with information with respect to
such Designated Holder furnished in writing to the Company by such Designated Holder specifically for use in such Registration Statement or preliminary, final or summary prospectus or amendment or supplement, or a document incorporated by reference
into any of the foregoing; provided, however, that the total amount to be indemnified by such Designated Holder pursuant to this Section 7.2 shall be limited to the net proceeds (after deducting the underwriters’ discounts
and commissions) received by such Designated Holder in the offering to which the Registration Statement or prospectus relates. 
 7.3
Conduct of Indemnification Proceedings. Any Person entitled to indemnification hereunder (the “Indemnified Party”) agrees to give prompt written notice to the indemnifying party (the “Indemnifying Party”)
after the receipt by the Indemnified Party of any written notice of the commencement of any action, suit, proceeding or investigation or threat thereof made in writing for which the Indemnified Party intends to claim indemnification or contribution
pursuant to this Agreement; provided, however, that the failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of any Liability that it may have to the Indemnified Party hereunder (except to the extent
that the Indemnifying Party is materially prejudiced or otherwise forfeits substantive rights or defenses by reason of such failure). If notice of commencement of any such action is given to the Indemnifying Party as above provided, the Indemnifying
Party shall be entitled to participate in and, to the extent it may wish, jointly with any other Indemnifying Party similarly notified, to assume the defense of such action at its own expense, with counsel chosen by it and reasonably satisfactory to
such Indemnified Party. The Indemnified Party shall have the right to employ separate counsel in any such action and participate in the defense thereof, but the fees and expenses of such counsel shall be paid by the Indemnified Party unless
(i) the Indemnifying Party agrees to pay the same, (ii) the Indemnifying Party fails to assume the defense of such action with counsel reasonably satisfactory to the Indemnified Party or (iii) such parties have been advised in writing
by such counsel that either (x) representation of such Indemnified Party and the Indemnifying Party by the same counsel would be inappropriate under applicable standards of professional conduct or (y) there may be one or more legal
defenses available to the Indemnified Party which are different from or additional to those available to the Indemnifying Party, in any of such cases, the Indemnifying Party shall not have the right to assume the defense of such action on behalf of
such Indemnified Party, it being understood, however, that the Indemnifying Party shall not be liable for the fees and expenses of more than one separate firm of attorneys (in addition to any local counsel) for all similarly-situated Indemnified
Parties. No Indemnifying Party shall be liable for any settlement entered into without its written consent, which consent shall not be unreasonably withheld. No Indemnifying Party shall, without the consent of such Indemnified Party, effect any
settlement of any pending or threatened proceeding in respect of which such Indemnified Party is a party and indemnity has been sought hereunder by such Indemnified Party, unless such settlement includes an unconditional release of such Indemnified
Party from all liability for claims that are the subject matter of such proceeding. 
 7.4 Contribution. 
 (a) If the indemnification provided for in this ARTICLE VII from the Indemnifying Party is unavailable to an Indemnified Party hereunder in respect of any
Liabilities referred to herein, then the Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of such Liabilities in such proportion as is
appropriate to reflect the relative fault of the Indemnifying Party and Indemnified Party in connection with the actions which resulted in such Liabilities, as well as any other relevant equitable considerations. The relative faults of such
Indemnifying Party and Indemnified Party shall be determined by reference to, among other things, whether any action in question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material
fact, has been made by, or relates to information supplied by, such Indemnifying Party or Indemnified Party, and the parties’ relative intent, knowledge, 

  

 -15- 

 
access to information and opportunity to correct or prevent such action. The amount paid or payable by a party as a result of the Liabilities referred to
above shall be deemed to include, subject to the limitations set forth in Sections 7.1 and 7.2, any legal or other fees, charges or expenses reasonably incurred by such party in connection with any investigation or proceeding; provided, that
the total amount to be contributed by such Designated Holder shall be limited to the net proceeds (after deducting the underwriters’ discounts and commissions) received by such Designated Holder in the offering. No Person involved in the sale
of Registrable Securities who is guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) in connection with such sale shall be entitled to indemnification or contribution from any Person involved in
such sale of Registrable Securities who is not guilty of fraudulent misrepresentation. 
 (b) The parties hereto agree that it would not be
just and equitable if contribution pursuant to this Section 7.4 were determined by pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred to in Section 7.4(a). No
Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 
 ARTICLE VIII COVENANTS 
 8.1 Rule 144. The
Company covenants that from and after the date hereof it shall use its best efforts to (a) file any reports required to be filed by it under the Exchange Act and (b) take such further action as each Designated Holder may reasonably request
(including providing any information necessary to comply with Rule 144 under the Securities Act), all to the extent required from time to time to enable such Designated Holder to sell Registrable Securities without registration under the Securities
Act within the limitation of the exemptions provided by (i) Rule 144 under the Securities Act, as such rule may be amended from time to time, or Regulation S under the Securities Act or (ii) any similar rules or regulations hereafter
adopted by the SEC. The Company shall, upon the request of any Designated Holder, deliver to such Designated Holder a written statement as to whether it has complied with such requirements. 
 8.2 Limitations on Registration Rights. Except for rights under the Existing Registration Rights, no Person shall, without the prior written
consent of a Majority Interest, be permitted to include securities of the Company in any registration filed under ARTICLE III hereto. 
 ARTICLE IX
MISCELLANEOUS 
 9.1 Recapitalizations, Exchanges, etc. The provisions of this Agreement shall apply to the full extent set forth
herein with respect to (i) the shares of Common Stock and the Common Stock Equivalents, (ii) any and all shares of voting common stock of the Company into which the shares of Common Stock or Common Stock Equivalents are converted,
exchanged or substituted in any recapitalization or other capital reorganization by the Company and (iii) any and all equity securities of the Company or any successor or assign of the Company (whether by merger, consolidation, sale of assets
or otherwise) which may be issued in respect of, in conversion of, in exchange for or in substitution of, the shares of Common Stock or Common Stock Equivalents and shall be appropriately adjusted for any stock dividends, splits, reverse splits,
combinations, recapitalizations and the like occurring after the date hereof. The Company shall cause any successor or assign (whether by merger, consolidation, sale of assets or otherwise) to enter into a new registration rights agreement with the
Designated Holders on terms substantially the same as this Agreement as a condition of any such transaction. 
 9.2 Other Registration
Rights. Except for the Registration Rights Agreement dated as of September 11, 2008 by and among the Company, Victory Park Special Situations, L.P. and Victory Park Credit 

  

 -16- 

 
Opportunities, L.P. (the “Victory Park Registration Rights”), the Company shall not enter into any agreement with respect to its securities
that is inconsistent with the rights granted to the Designated Holders in this Agreement or grant any additional registration rights to any Person or with respect to any securities which are not Registrable Securities which are prior in right to or
inconsistent with the rights granted in this Agreement, except with the prior written consent of a Majority Interest; provided, however, that foregoing sentence shall not in any manner restrict or prohibit the obligations of the Company under
the existing the Registration Rights Agreement between Services Acquisition Corp and certain investors, as amended (together with the Victory Park Registration Rights, the “Existing Registration Rights”), for which a registration
statement has already been filed. Except for the rights under the Existing Registration Rights, no holder of the securities of the Company has the right to register securities of the Company on the initial or any subsequent Shelf Registration
Statement. 
 9.3 Remedies. The Designated Holders, in addition to being entitled to exercise all rights granted by law, including
recovery of damages, shall be entitled to specific performance of their rights under this Agreement. The Company agrees that monetary damages alone (including those specified in Section 3.3) would not be adequate compensation for any loss
incurred by reason of a breach by it of the provisions of this Agreement and hereby agrees to waive in any action for specific performance the defense that a remedy at law would be adequate. 
 9.4 Notices. All notices, demands and other communications provided for or permitted hereunder shall be made in the manner provided for under the
Purchase Agreement. 
 9.5 Successors and Assigns; Third Party Beneficiaries. This Agreement shall inure to the benefit of and be
binding upon the successors and permitted assigns of the parties hereto as hereinafter; provided, that the rights of the Designated Holders contained in this Agreement shall be automatically transferred to the transferee of any Registrable
Security provided that (i) such transferee agrees to become a party to this Agreement and be fully bound by, and subject to, all of the terms and conditions of the Agreement as though an original party hereto; (ii) the Company is furnished
with written notice of (a) the name and address of such transferee, and (b) the securities with respect to which such registration rights are being transferred; (iii) immediately following such transfer the further disposition of such
securities by the transferee is restricted under the Securities Act or applicable state securities laws if so required; and (iv) such transfer shall have been conducted in accordance with all applicable federal and state securities laws. All of
the obligations of the Company hereunder shall survive any transfer. Except as provided in ARTICLE VII, no Person other than the parties hereto and their successors and permitted assigns are intended to be a beneficiary of this Agreement.

 9.6 Amendments and Waivers. Except as otherwise provided herein, the provisions of this Agreement may not be amended, modified or
supplemented, and waivers or consents to departures from the provisions hereof may not be given unless consented to in writing by (i) the Company and (ii) the Designated Holders holding at least a Majority Interest; provided, that
if any such amendment, modification, supplement, waiver, consent or departure would adversely affect the rights, preferences or privileges of any Investor disproportionately with respect to the rights, preferences and privileges of the other
Investors, such Investor’s consent in writing shall be required; provided further, any party hereto may give a waiver in writing as to itself. 
 9.7 Aggregation of Stock. All shares of Registrable Securities held or acquired by Affiliated entities or Persons or entities or Persons under common management or control shall be aggregated together for the
purpose of determining the availability of any rights under this Agreement. 
 9.8 Counterparts. This Agreement may be executed in any
number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all 

  

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of which taken together shall constitute one and the same agreement. The parties hereto confirm that any facsimile copy of another party’s executed
counterpart of this Agreement (or its signature page thereof) will be deemed to be an executed original thereof. 
 9.9 Headings. The
headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof. 
 9.10
GOVERNING LAW; CONSENT TO JURISDICTION. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE WITHOUT REGARD TO THE PRINCIPLES OF CONFLICTS OF LAW THEREOF THAT WOULD IMPLICATE OR CAUSE THE LAWS
OF ANOTHER JURISDICTION TO APPLY. The parties hereto irrevocably submit to the exclusive jurisdiction of any Court of Chancery sitting in the State of Delaware over any suit, action or proceeding arising out of or relating to this Agreement. To the
fullest extent they may effectively do so under applicable law, the parties hereto irrevocably waive and agree not to assert, by way of motion, as a defense or otherwise, any claim that they are not subject to the jurisdiction of any such court, any
objection that they may now or hereafter have to the laying of the venue of any such suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an
inconvenient forum. 
 9.11 Severability. If any one or more of the provisions contained herein, or the application thereof in any
circumstance, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions hereof shall not be in any way impaired,
unless the provisions held invalid, illegal or unenforceable shall substantially impair the benefits of the remaining provisions hereof. 
 9.12 Rules of Construction. Unless the context otherwise requires (a) the words “hereof,” “herein,” and “hereunder” and words of similar import, when used in this Agreement, shall refer to this
Agreement as a whole and not to any particular provision of this Agreement; (b) terms defined in the singular shall have a comparable meaning when used in the plural, and vice versa; (c) the terms “Dollars,” “dollars”
and “$” mean United States Dollars; (d) references herein to a specific Section, Subsection, recital, Schedule or Exhibit shall refer, respectively, to Sections, Subsections, recitals, Schedules or Exhibits of this Agreement;
(e) wherever the word “include,” “includes,” or “including” is used in this Agreement, it shall be deemed to be followed by the words “without limitation;” (f) references herein to any gender or no
gender shall include each other gender; (g) references herein to any Person shall include such Person’s heirs, executors, personal representatives, administrators, successors and assigns; provided, however, that nothing
contained in this clause (g) is intended to authorize any assignment or transfer not otherwise permitted by this Agreement; (h) references herein to a Person in a particular capacity or capacities shall exclude such Person in any other
capacity; (i) with respect to the determination of any period of time, the word “from” means “from and including” and the words “to” and “until” each means “to but excluding;” (j) the word
“or” shall be disjunctive but not exclusive; (k) references herein to any law (including any federal, state, provincial, local, municipal, foreign, international, multinational, or other administrative statute, regulation, order,
rule, directive, ordinance, code, constitution, principle of common law, equity or treaty) shall be deemed to refer to such law as amended, modified, codified, reenacted, supplemented or superseded in whole or in part and in effect from time to
time, and also to all rules and regulations promulgated thereunder; (l) references to any contract means such contract as amended, supplemented or modified in accordance with the terms thereof; and (m) if the last day for the giving of any
notice or the performance of any act required or permitted under this Agreement is a day that is not a Business Day, then the time for the giving of such notice or the performance of such action shall be extended to the next succeeding Business Day.

  

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 9.13 Entire Agreement. This Agreement is intended by the parties as a final expression of their
agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto with respect to the subject matter contained herein. There are no restrictions, promises, representations, warranties or
undertakings with respect to the subject matter contained herein, other than those set forth or referred to herein. This Agreement supersedes all prior agreements and understandings among the parties with respect to such subject matter. 

9.14 Further Assurances. Each of the parties shall execute such documents and perform such further acts (including, without limitation,
obtaining any consents, exemptions, authorizations or other actions by, or giving any notices to, or making any filings with, any governmental authority or any other Person) as may be reasonably required or desirable to carry out or to perform the
provisions of this Agreement. 
 9.15 Other Agreements. Nothing contained in this Agreement shall be deemed to be a waiver of, or
release from, any obligations any party hereto may have under any other agreement including, but not limited to, the Charter Documents and the Purchase Agreement. 
 9.16 Termination. Except for the liabilities or obligations under Section 6.3 or ARTICLE VII, all of which shall remain in effect in accordance with their terms, this Agreement and the obligations of the
parties hereunder (other than liability for the breach by any party hereto of any of the terms of this Agreement) shall terminate upon the end of the Effectiveness Period. 
 [Remainder of page intentionally left blank] 
  

 -19- 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this Registration
Rights Agreement on the date first written above. 
  

			
	COMPANY:
	
	JAMBA, INC.
		
	By:	 	 /s/    Michael Fox

	Name:	 	Michael Fox
	Title:	 	 Senior Vice President, General
 Counsel and Secretary

 [Signature Page to Registration Rights Agreement] 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this Registration
Rights Agreement on the date first written above. 
  

			
	INVESTORS:
	
	MISTRAL PURCHASERS:
	
	 MISTRAL EQUITY PARTNERS, LP
 MISTRAL EQUITY PARTNERS QP, LP

		
	By:	 	Mistral Equity GP, LLC
		
	By:	 	 /s/    Andrew R. Heyer

	Name:	 	 Andrew R. Heyer 

	Title:	 	CEO and Managing Director
	
	Address:
	
	 650 Fifth Avenue, 31st Floor
 New York, NY
10019

	
	MEP CO-INVEST, LLC
		
	By:	 	 /s/    Andrew R. Heyer

	Name:	 	Andrew R. Heyer
	Title:	 	Managing Member
	
	Address:
	 650 Fifth Avenue, 31st Floor
 New York, NY
10019

 [Signature Page to Registration Rights Agreement] 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this Registration
Rights Agreement on the date first written above. 
  

			
	INVESTOR:
	
	CANBA INVESTMENTS, LLC
		
	By:	 	 /s/    Sam Serruya

	Name:	 	Sam Serruya
	Title:	 	Authorized Person

 [Signature Page to Registration Rights Agreement] 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this Registration
Rights Agreement on the date first written above. 
  

			
	ADVISOR:
	
	NORTH POINT ADVISORS LLC
		
	By:	 	 /s/    Alexander Lee

	Name:	 	Alexander Lee
	Title:	 	Vice President

 [Signature Page to Registration Rights Agreement] 

 EXHIBIT A 
 SCHEDULE OF INVESTORS 
  

	
	 Mistral Equity Partners, LP

	
	 Mistral Equity Partners QP, LP

	
	 MEP Co-Invest, LLC

	
	 CanBa Investments, LLC

 EXHIBIT B 
 PLAN OF DISTRIBUTION 
 The selling stockholders may, from time to time, sell any or all of their
shares of common stock on any stock exchange, market or trading facility on which the shares are traded or in private transactions. These sales may be at fixed or negotiated prices. The selling stockholders may use any one or more of the following
methods when selling shares: 
  

	 	•	 	 ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers; 

  

	 	•	 	 block trades in which the broker-dealer will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the
transaction; 

  

	 	•	 	 purchases by a broker-dealer as principal and resale by the broker-dealer for its account; 

  

	 	•	 	 an exchange distribution in accordance with the rules of the applicable exchange; 

  

	 	•	 	 privately negotiated transactions; 

  

	 	•	 	 short sales; 

  

	 	•	 	 through the writing or settlement of options or other hedging transactions, whether through an options exchange or otherwise; 

  

	 	•	 	 broker-dealers may agree with the selling stockholders to sell a specified number of such shares at a stipulated price per share; 

  

	 	•	 	 one or more underwritten offerings on a firm commitment or best efforts basis; 

  

	 	•	 	 a combination of any such methods of sale; and 

  

	 	•	 	 any other method permitted pursuant to applicable law. 

 The selling stockholders may also sell shares under Rule 144 under the Securities Act, if available, rather than under this prospectus. 
 Broker-dealers engaged by the selling stockholders may arrange for other brokers-dealers to participate in sales. Broker-dealers may receive commissions or discounts from the selling stockholders (or, if any
broker-dealer acts as agent for the purchaser of shares, from the purchaser) in amounts to be negotiated, which commissions or discounts may be less than or in excess of those customary in the types of transactions involved. Any profits on the
resale of shares of common stock by a broker-dealer acting as principal might be deemed to be underwriting discounts or commissions under the Securities Act. Discounts, concessions, commissions and similar selling expenses, if any, attributable to
the sale of shares will be borne by a selling stockholder. 
 The selling stockholders may from time to time pledge or grant a security
interest in some or all of the shares of common stock owned by them and, if they default in the performance of their secured obligations, the pledgees or secured parties may offer and sell the shares of common stock from time to time under this
prospectus after we have filed a supplement to this prospectus under Rule 424(b)(3) or 

 
other applicable provision of the Securities Act of 1933 supplementing or amending the list of selling stockholders to include the pledgee, transferee or
other successors in interest as selling stockholders under this prospectus. 
 The selling stockholders also may transfer the shares of
common stock in other circumstances, in which case the transferees, pledgees or other successors in interest will be the selling beneficial owners for purposes of this prospectus and may sell the shares of common stock from time to time under this
prospectus after we have filed a supplement to this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act of 1933 supplementing or amending the list of selling stockholders to include the pledgee, transferee or other
successors in interest as selling stockholders under this prospectus. 
 Any broker-dealers or agents that are involved in selling the shares
of common stock may be deemed to be “underwriters” within the meaning of the Securities Act in connection with such sales. In such event, any commissions received by such broker-dealers or agents and any profit on the resale of the shares
of common stock purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. 
 We are required to
pay all fees and expenses incident to the registration of the shares of common stock. We have agreed to indemnify the selling stockholders (as well as persons, including broker-dealers or agents deemed to be “underwriters” within the
meaning of the Securities Act) against certain losses, claims, damages and liabilities, including liabilities under the Securities Act, in accordance with a registration rights agreement, or the selling stockholders will be entitled to contribution.

 The selling stockholders have advised us that they have not entered into any agreements, understandings or arrangements with any
underwriters or broker-dealers regarding the sale of their shares of common stock, nor is there an underwriter or coordinating broker acting in connection with a proposed sale of shares of common stock by any selling stockholder. If we are notified
by any selling stockholder that any material arrangement has been entered into with any underwriters or broker-dealers for the sale of shares of common stock, if required, we will file a supplement to this prospectus.

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