Document:

Exhibit
10.3

 

REGISTRATION
RIGHTS AGREEMENT

 

This
Registration Rights Agreement (this “Agreement”) is made and entered into as of ___________ (date), by and between
Voice Assist, Inc. a Nevada corporation (the “Company”) and ______________________________, a “Purchaser.”

 

This
Agreement is made pursuant to the Subscription Agreement, dated May [___], 2012 (the “Offering Memorandum”). The Company
and the Purchasers hereby agree as follows:

 

1.
Definitions

 

Capitalized
terms used and not otherwise defined herein that are defined in the Offering Memorandum shall have the meanings given such terms
in the Offering Memorandum. As used in this Agreement, the following terms shall have the following meanings:

 

“Advice”
shall have meaning set forth in Section 3(o).

 

“Affiliate”
means, with respect to any Person, any other Person that directly or indirectly controls or is controlled by or under common control
with such Person. For the purposes of this definition, “control,” when used with respect to any Person, means the
possession, direct or indirect, of the power to direct or cause the direction of the management and policies of such Person, whether
through the ownership of voting securities, by contract or otherwise; and the terms of “affiliated,” “controlling”
and “controlled” have meanings correlative to the foregoing.

 

“Business
Day” means any day except Saturday, Sunday and any day which shall be a legal holiday or a day on which banking institutions
in the state of Nevada generally are authorized or required by law or other government actions to close.

 

“California
Courts” shall have the meaning set forth in Section 7(j).

 

“Commission”
means the United States Securities and Exchange Commission.

 

“Common
Stock” means the Company’s Common Stock, par value $0.001 per share.

 

“Effectiveness
Date” means the 120th day following the initial closing date of the offering contemplated by the Subscription Booklet.

 

“Effectiveness
Period” shall have the meaning set forth in Section 2(a). “Exchange Act” means the Securities Exchange Act of
1934, as amended.

 

“Filing
Date” means the 60th Business Day following the initial closing date of the Company’s Subscription Booklet.

 

    	 

    	 

    

 

Exhibit
10.3

 

“Holder”
or “Holders” means the holder or Holder, as the case may be, from time to time of Registrable Securities.

 

“Indemnified
Party” shall have the meaning set forth in Section 5(c).

 

“Indemnifying
Party” shall have the meaning set forth in Section 5(c).

 

“Losses”
shall have the meaning set forth in Section 5(a).

 

“Offering”
means the Offering to be included in the Registration Statement (including, without limitation, an Offering that includes any
information previously omitted from an Offering filed as part of an effective registration statement in reliance upon Rule 430A
promulgated under the Securities Act), as amended or supplemented by any Offering supplement, with respect to the terms of the
offering of any portion of the Registrable Securities covered by the Registration Statement, and all other amendments and supplements
to the Offering, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated
by reference in such Offering.

 

“Person”
means an individual or a corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability
company, joint stock company, government (or an agency or political subdivision thereof) or other entity of any kind.

 

“Proceeding”
means an action, claim, suit, investigation or proceeding (including, without limitation, an investigation or partial proceeding,
such as a deposition), whether commenced or threatened.

 

“Registrable
Securities” means the shares of Common Stock and shares underlying the Warrants issued pursuant to the Company’s Subscription
Booklet.

 

“Registration
Statement” means the registration statement contemplated by Section 2(a) (covering such number of Registrable Securities
and any additional Registration Statements contemplated in the definition of Registrable Securities), including (in each case)
the Offering, amendments and supplements to such registration statement or Offering, including pre- and post-effective amendments,
all exhibits thereto, and all material incorporated by reference or deemed to be incorporated by reference in such registration
statement.

 

“Rule
158” means Rule 158 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended from time
to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule.

 

“Rule
415” means Rule 415 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended from time
to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule.

 

    	 

    	 

    

 

Exhibit
10.3

 

“Securities
Act” means the United States Securities Act of 1933, as amended.

 

“Special
Counsel” means one law firm acting as counsel to the Holder, for which the Holder will be reimbursed by the Company pursuant
to Section 4.

 

“Subscription
Booklet” means the Subscription Booklet of the Company, dated May 10, 2012, pursuant to which this form of Registration
Rights Agreement is annexed as Appendix C.

 

2.
Shelf Registration

 

		(a)	On
                                                                                                                                                                                          or
                                                                                                                                                                                          prior
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Filing
                                                                                                                                                                                          Date
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          prepare
                                                                                                                                                                                          and
                                                                                                                                                                                          file
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          a
                                                                                                                                                                                          “Resale”
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          covering
                                                                                                                                                                                          all
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          for
                                                                                                                                                                                          an
                                                                                                                                                                                          offering
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          made
                                                                                                                                                                                          on
                                                                                                                                                                                          a
                                                                                                                                                                                          continuous
                                                                                                                                                                                          basis
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          Rule
                                                                                                                                                                                          415.
                                                                                                                                                                                          The
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          shall
                                                                                                                                                                                          be
                                                                                                                                                                                          on
                                                                                                                                                                                          Form
                                                                                                                                                                                          S-1
                                                                                                                                                                                          (or,
                                                                                                                                                                                          if
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          is
                                                                                                                                                                                          not
                                                                                                                                                                                          permitted
                                                                                                                                                                                          to
                                                                                                                                                                                          register
                                                                                                                                                                                          the
                                                                                                                                                                                          resale
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          on
                                                                                                                                                                                          Form
                                                                                                                                                                                          S-1,
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          shall
                                                                                                                                                                                          be
                                                                                                                                                                                          on
                                                                                                                                                                                          such
                                                                                                                                                                                          other
                                                                                                                                                                                          appropriate
                                                                                                                                                                                          form
                                                                                                                                                                                          in
                                                                                                                                                                                          accordance
                                                                                                                                                                                          herewith
                                                                                                                                                                                          as
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          in
                                                                                                                                                                                          interest
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          may
                                                                                                                                                                                          consent).
                                                                                                                                                                                          The
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          use
                                                                                                                                                                                          its
                                                                                                                                                                                          best
                                                                                                                                                                                          efforts
                                                                                                                                                                                          to
                                                                                                                                                                                          cause
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          declared
                                                                                                                                                                                          effective
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          as
                                                                                                                                                                                          promptly
                                                                                                                                                                                          as
                                                                                                                                                                                          possible
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          filing
                                                                                                                                                                                          thereof,
                                                                                                                                                                                          but
                                                                                                                                                                                          in
                                                                                                                                                                                          any
                                                                                                                                                                                          event
                                                                                                                                                                                          prior
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Effectiveness
                                                                                                                                                                                          Date,
                                                                                                                                                                                          and
                                                                                                                                                                                          shall
                                                                                                                                                                                          use
                                                                                                                                                                                          its
                                                                                                                                                                                          best
                                                                                                                                                                                          efforts
                                                                                                                                                                                          to
                                                                                                                                                                                          keep
                                                                                                                                                                                          such
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          continuously
                                                                                                                                                                                          effective
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          until
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          which
                                                                                                                                                                                          is
                                                                                                                                                                                          three
                                                                                                                                                                                          years
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          that
                                                                                                                                                                                          such
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          is
                                                                                                                                                                                          declared
                                                                                                                                                                                          effective
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          or
                                                                                                                                                                                          such
                                                                                                                                                                                          earlier
                                                                                                                                                                                          date
                                                                                                                                                                                          when
                                                                                                                                                                                          all
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          covered
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          have
                                                                                                                                                                                          been
                                                                                                                                                                                          sold
                                                                                                                                                                                          or
                                                                                                                                                                                          may
                                                                                                                                                                                          be
                                                                                                                                                                                          sold
                                                                                                                                                                                          without
                                                                                                                                                                                          volume
                                                                                                                                                                                          restrictions
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          Rule
                                                                                                                                                                                          144(e)
                                                                                                                                                                                          promulgated
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act,
                                                                                                                                                                                          as
                                                                                                                                                                                          determined
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          counsel
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          a
                                                                                                                                                                                          written
                                                                                                                                                                                          opinion
                                                                                                                                                                                          letter
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          effect,
                                                                                                                                                                                          addressed
                                                                                                                                                                                          and
                                                                                                                                                                                          acceptable
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Company’s
                                                                                                                                                                                          transfer
                                                                                                                                                                                          agent
                                                                                                                                                                                          (the
                                                                                                                                                                                          “Effectiveness
                                                                                                                                                                                          Period”);
                                                                                                                                                                                          provided,
                                                                                                                                                                                          however,
                                                                                                                                                                                          that
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          not
                                                                                                                                                                                          be
                                                                                                                                                                                          deemed
                                                                                                                                                                                          to
                                                                                                                                                                                          have
                                                                                                                                                                                          used
                                                                                                                                                                                          its
                                                                                                                                                                                          best
                                                                                                                                                                                          efforts
                                                                                                                                                                                          to
                                                                                                                                                                                          keep
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          effective
                                                                                                                                                                                          during
                                                                                                                                                                                          the
                                                                                                                                                                                          Effectiveness
                                                                                                                                                                                          Period
                                                                                                                                                                                          if
                                                                                                                                                                                          it
                                                                                                                                                                                          voluntarily
                                                                                                                                                                                          takes
                                                                                                                                                                                          any
                                                                                                                                                                                          action
                                                                                                                                                                                          that
                                                                                                                                                                                          would
                                                                                                                                                                                          result
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          not
                                                                                                                                                                                          being
                                                                                                                                                                                          able
                                                                                                                                                                                          to
                                                                                                                                                                                          sell
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          covered
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          during
                                                                                                                                                                                          the
                                                                                                                                                                                          Effectiveness
                                                                                                                                                                                          Period,
                                                                                                                                                                                          unless
                                                                                                                                                                                          such
                                                                                                                                                                                          action
                                                                                                                                                                                          is
                                                                                                                                                                                          required
                                                                                                                                                                                          under
                                                                                                                                                                                          applicable
                                                                                                                                                                                          law
                                                                                                                                                                                          or
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          has
                                                                                                                                                                                          filed
                                                                                                                                                                                          a
                                                                                                                                                                                          post-effective
                                                                                                                                                                                          amendment
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          has
                                                                                                                                                                                          not
                                                                                                                                                                                          declared
                                                                                                                                                                                          it
                                                                                                                                                                                          effective.
                                                                                                                                                                                          

 

		(b)	If
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder(s)
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          so
                                                                                                                                                                                          elect,
                                                                                                                                                                                          an
                                                                                                                                                                                          offering
                                                                                                                                                                                          of
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          may
                                                                                                                                                                                          be
                                                                                                                                                                                          effected
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          form
                                                                                                                                                                                          of
                                                                                                                                                                                          an
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering.
                                                                                                                                                                                          In
                                                                                                                                                                                          such
                                                                                                                                                                                          event,
                                                                                                                                                                                          and
                                                                                                                                                                                          if
                                                                                                                                                                                          the
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          advise
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          and
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          in
                                                                                                                                                                                          writing
                                                                                                                                                                                          that
                                                                                                                                                                                          in
                                                                                                                                                                                          their
                                                                                                                                                                                          opinion
                                                                                                                                                                                          the
                                                                                                                                                                                          amount
                                                                                                                                                                                          of
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          proposed
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          sold
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering
                                                                                                                                                                                          exceeds
                                                                                                                                                                                          the
                                                                                                                                                                                          amount
                                                                                                                                                                                          of
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          which
                                                                                                                                                                                          can
                                                                                                                                                                                          be
                                                                                                                                                                                          sold
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering,
                                                                                                                                                                                          there
                                                                                                                                                                                          shall
                                                                                                                                                                                          be
                                                                                                                                                                                          included
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering
                                                                                                                                                                                          the
                                                                                                                                                                                          amount
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          which
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          opinion
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          can
                                                                                                                                                                                          be
                                                                                                                                                                                          sold,
                                                                                                                                                                                          and
                                                                                                                                                                                          such
                                                                                                                                                                                          amount
                                                                                                                                                                                          shall
                                                                                                                                                                                          be
                                                                                                                                                                                          allocated
                                                                                                                                                                                          pro
                                                                                                                                                                                          rata
                                                                                                                                                                                          among
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          proposing
                                                                                                                                                                                          to
                                                                                                                                                                                          sell
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering.

 

    	 

    	 

    

 

Exhibit
10.3

 

		(c)	If
                                                                                                                                                                                          any
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          are
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          sold
                                                                                                                                                                                          in
                                                                                                                                                                                          an
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering,
                                                                                                                                                                                          the
                                                                                                                                                                                          investment
                                                                                                                                                                                          banker
                                                                                                                                                                                          in
                                                                                                                                                                                          interest
                                                                                                                                                                                          that
                                                                                                                                                                                          will
                                                                                                                                                                                          administer
                                                                                                                                                                                          the
                                                                                                                                                                                          offering
                                                                                                                                                                                          will
                                                                                                                                                                                          be
                                                                                                                                                                                          selected
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          included
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          offering
                                                                                                                                                                                          upon
                                                                                                                                                                                          consultation
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          Company.
                                                                                                                                                                                          No
                                                                                                                                                                                          Holder
                                                                                                                                                                                          may
                                                                                                                                                                                          participate
                                                                                                                                                                                          in
                                                                                                                                                                                          any
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering
                                                                                                                                                                                          hereunder
                                                                                                                                                                                          unless
                                                                                                                                                                                          such
                                                                                                                                                                                          Person
                                                                                                                                                                                          (i)
                                                                                                                                                                                          agrees
                                                                                                                                                                                          to
                                                                                                                                                                                          sell
                                                                                                                                                                                          its
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          on
                                                                                                                                                                                          the
                                                                                                                                                                                          basis
                                                                                                                                                                                          provided
                                                                                                                                                                                          in
                                                                                                                                                                                          any
                                                                                                                                                                                          underwriting
                                                                                                                                                                                          agreements
                                                                                                                                                                                          approved
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Person
                                                                                                                                                                                          entitled
                                                                                                                                                                                          hereunder
                                                                                                                                                                                          to
                                                                                                                                                                                          approve
                                                                                                                                                                                          such
                                                                                                                                                                                          arrangements;
                                                                                                                                                                                          and
                                                                                                                                                                                          (ii)
                                                                                                                                                                                          completes
                                                                                                                                                                                          and
                                                                                                                                                                                          executes
                                                                                                                                                                                          all
                                                                                                                                                                                          questionnaires,
                                                                                                                                                                                          powers
                                                                                                                                                                                          of
                                                                                                                                                                                          attorney,
                                                                                                                                                                                          indemnities,
                                                                                                                                                                                          underwriting
                                                                                                                                                                                          agreements
                                                                                                                                                                                          and
                                                                                                                                                                                          other
                                                                                                                                                                                          documents
                                                                                                                                                                                          required
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          terms
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          arrangements.

 

		(d)	If
                                                                                                                                                                                          (i)
                                                                                                                                                                                          a
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          is
                                                                                                                                                                                          not
                                                                                                                                                                                          filed
                                                                                                                                                                                          on
                                                                                                                                                                                          or
                                                                                                                                                                                          prior
                                                                                                                                                                                          to
                                                                                                                                                                                          its
                                                                                                                                                                                          Filing
                                                                                                                                                                                          Date
                                                                                                                                                                                          (if
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          files
                                                                                                                                                                                          a
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          without
                                                                                                                                                                                          affording
                                                                                                                                                                                          the
                                                                                                                                                                                          Holders
                                                                                                                                                                                          the
                                                                                                                                                                                          opportunity
                                                                                                                                                                                          to
                                                                                                                                                                                          review
                                                                                                                                                                                          and
                                                                                                                                                                                          comment
                                                                                                                                                                                          on
                                                                                                                                                                                          the
                                                                                                                                                                                          same
                                                                                                                                                                                          as
                                                                                                                                                                                          required
                                                                                                                                                                                          by
                                                                                                                                                                                          Section
                                                                                                                                                                                          3(a)
                                                                                                                                                                                          herein,
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          not
                                                                                                                                                                                          be
                                                                                                                                                                                          deemed
                                                                                                                                                                                          to
                                                                                                                                                                                          have
                                                                                                                                                                                          satisfied
                                                                                                                                                                                          clause
                                                                                                                                                                                          (i)
                                                                                                                                                                                          of
                                                                                                                                                                                          Section
                                                                                                                                                                                          3(a)),
                                                                                                                                                                                          or
                                                                                                                                                                                          (ii)
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          fails
                                                                                                                                                                                          to
                                                                                                                                                                                          file
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          a
                                                                                                                                                                                          request
                                                                                                                                                                                          for
                                                                                                                                                                                          acceleration
                                                                                                                                                                                          in
                                                                                                                                                                                          accordance
                                                                                                                                                                                          with
                                                                                                                                                                                          Rule
                                                                                                                                                                                          461
                                                                                                                                                                                          promulgated
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act,
                                                                                                                                                                                          within
                                                                                                                                                                                          five
                                                                                                                                                                                          trading
                                                                                                                                                                                          days
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          that
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          is
                                                                                                                                                                                          notified
                                                                                                                                                                                          (orally
                                                                                                                                                                                          or
                                                                                                                                                                                          in
                                                                                                                                                                                          writing,
                                                                                                                                                                                          whichever
                                                                                                                                                                                          is
                                                                                                                                                                                          earlier)
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          that
                                                                                                                                                                                          a
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          will
                                                                                                                                                                                          not
                                                                                                                                                                                          be
                                                                                                                                                                                          “reviewed,”
                                                                                                                                                                                          or
                                                                                                                                                                                          not
                                                                                                                                                                                          subject
                                                                                                                                                                                          to
                                                                                                                                                                                          further
                                                                                                                                                                                          review,
                                                                                                                                                                                          or
                                                                                                                                                                                          (iii)
                                                                                                                                                                                          prior
                                                                                                                                                                                          to
                                                                                                                                                                                          its
                                                                                                                                                                                          Effectiveness
                                                                                                                                                                                          Date,
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          fails
                                                                                                                                                                                          to
                                                                                                                                                                                          file
                                                                                                                                                                                          a
                                                                                                                                                                                          pre-effective
                                                                                                                                                                                          amendment
                                                                                                                                                                                          and
                                                                                                                                                                                          otherwise
                                                                                                                                                                                          respond
                                                                                                                                                                                          in
                                                                                                                                                                                          writing
                                                                                                                                                                                          to
                                                                                                                                                                                          comments
                                                                                                                                                                                          made
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          in
                                                                                                                                                                                          respect
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          within
                                                                                                                                                                                          10
                                                                                                                                                                                          calendar
                                                                                                                                                                                          days
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          receipt
                                                                                                                                                                                          of
                                                                                                                                                                                          comments
                                                                                                                                                                                          by
                                                                                                                                                                                          or
                                                                                                                                                                                          notice
                                                                                                                                                                                          from
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          that
                                                                                                                                                                                          such
                                                                                                                                                                                          amendment
                                                                                                                                                                                          is
                                                                                                                                                                                          required
                                                                                                                                                                                          in
                                                                                                                                                                                          order
                                                                                                                                                                                          for
                                                                                                                                                                                          a
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          declared
                                                                                                                                                                                          effective,
                                                                                                                                                                                          or
                                                                                                                                                                                          (iv)
                                                                                                                                                                                          a
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          filed
                                                                                                                                                                                          or
                                                                                                                                                                                          required
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          filed
                                                                                                                                                                                          hereunder
                                                                                                                                                                                          is
                                                                                                                                                                                          not
                                                                                                                                                                                          declared
                                                                                                                                                                                          effective
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          by
                                                                                                                                                                                          its
                                                                                                                                                                                          Effectiveness
                                                                                                                                                                                          Date,
                                                                                                                                                                                          or
                                                                                                                                                                                          (v)
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          Effectiveness
                                                                                                                                                                                          Date,
                                                                                                                                                                                          a
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          ceases
                                                                                                                                                                                          for
                                                                                                                                                                                          any
                                                                                                                                                                                          reason
                                                                                                                                                                                          to
                                                                                                                                                                                          remain
                                                                                                                                                                                          continuously
                                                                                                                                                                                          effective
                                                                                                                                                                                          as
                                                                                                                                                                                          to
                                                                                                                                                                                          all
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          for
                                                                                                                                                                                          which
                                                                                                                                                                                          it
                                                                                                                                                                                          is
                                                                                                                                                                                          required
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          effective,
                                                                                                                                                                                          or
                                                                                                                                                                                          the
                                                                                                                                                                                          Holders
                                                                                                                                                                                          are
                                                                                                                                                                                          otherwise
                                                                                                                                                                                          not
                                                                                                                                                                                          permitted
                                                                                                                                                                                          to
                                                                                                                                                                                          utilize
                                                                                                                                                                                          the
                                                                                                                                                                                          prospectus
                                                                                                                                                                                          therein
                                                                                                                                                                                          to
                                                                                                                                                                                          resell
                                                                                                                                                                                          such
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          for
                                                                                                                                                                                          more
                                                                                                                                                                                          than
                                                                                                                                                                                          10
                                                                                                                                                                                          consecutive
                                                                                                                                                                                          calendar
                                                                                                                                                                                          days
                                                                                                                                                                                          or
                                                                                                                                                                                          more
                                                                                                                                                                                          than
                                                                                                                                                                                          an
                                                                                                                                                                                          aggregate
                                                                                                                                                                                          of
                                                                                                                                                                                          30
                                                                                                                                                                                          calendar
                                                                                                                                                                                          days
                                                                                                                                                                                          during
                                                                                                                                                                                          any
                                                                                                                                                                                          12-month
                                                                                                                                                                                          period
                                                                                                                                                                                          (which
                                                                                                                                                                                          need
                                                                                                                                                                                          not
                                                                                                                                                                                          be
                                                                                                                                                                                          consecutive
                                                                                                                                                                                          calendar
                                                                                                                                                                                          days)
                                                                                                                                                                                          (any
                                                                                                                                                                                          such
                                                                                                                                                                                          failure
                                                                                                                                                                                          or
                                                                                                                                                                                          breach
                                                                                                                                                                                          being
                                                                                                                                                                                          referred
                                                                                                                                                                                          to
                                                                                                                                                                                          as
                                                                                                                                                                                          an
                                                                                                                                                                                          “Event”,
                                                                                                                                                                                          and
                                                                                                                                                                                          for
                                                                                                                                                                                          purposes
                                                                                                                                                                                          of
                                                                                                                                                                                          clause
                                                                                                                                                                                          (i)
                                                                                                                                                                                          or
                                                                                                                                                                                          (iv)
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          on
                                                                                                                                                                                          which
                                                                                                                                                                                          such
                                                                                                                                                                                          Event
                                                                                                                                                                                          occurs,
                                                                                                                                                                                          or
                                                                                                                                                                                          for
                                                                                                                                                                                          purposes
                                                                                                                                                                                          of
                                                                                                                                                                                          clause
                                                                                                                                                                                          (ii)
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          on
                                                                                                                                                                                          which
                                                                                                                                                                                          such
                                                                                                                                                                                          five
                                                                                                                                                                                          trading
                                                                                                                                                                                          day
                                                                                                                                                                                          period
                                                                                                                                                                                          is
                                                                                                                                                                                          exceeded,
                                                                                                                                                                                          or
                                                                                                                                                                                          for
                                                                                                                                                                                          purposes
                                                                                                                                                                                          of
                                                                                                                                                                                          clause
                                                                                                                                                                                          (iii)
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          which
                                                                                                                                                                                          such
                                                                                                                                                                                          10
                                                                                                                                                                                          calendar
                                                                                                                                                                                          day
                                                                                                                                                                                          period
                                                                                                                                                                                          is
                                                                                                                                                                                          exceeded,
                                                                                                                                                                                          or
                                                                                                                                                                                          for
                                                                                                                                                                                          purposes
                                                                                                                                                                                          of
                                                                                                                                                                                          clause
                                                                                                                                                                                          (v)
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          on
                                                                                                                                                                                          which
                                                                                                                                                                                          such
                                                                                                                                                                                          10
                                                                                                                                                                                          or
                                                                                                                                                                                          30
                                                                                                                                                                                          calendar
                                                                                                                                                                                          day
                                                                                                                                                                                          period,
                                                                                                                                                                                          as
                                                                                                                                                                                          applicable,
                                                                                                                                                                                          is
                                                                                                                                                                                          exceeded
                                                                                                                                                                                          being
                                                                                                                                                                                          referred
                                                                                                                                                                                          to
                                                                                                                                                                                          as
                                                                                                                                                                                          “Event
                                                                                                                                                                                          Date”),
                                                                                                                                                                                          then
                                                                                                                                                                                          in
                                                                                                                                                                                          addition
                                                                                                                                                                                          to
                                                                                                                                                                                          any
                                                                                                                                                                                          other
                                                                                                                                                                                          rights
                                                                                                                                                                                          the
                                                                                                                                                                                          Holders
                                                                                                                                                                                          may
                                                                                                                                                                                          have
                                                                                                                                                                                          hereunder
                                                                                                                                                                                          or
                                                                                                                                                                                          under
                                                                                                                                                                                          applicable
                                                                                                                                                                                          law,
                                                                                                                                                                                          on
                                                                                                                                                                                          each
                                                                                                                                                                                          such
                                                                                                                                                                                          Event
                                                                                                                                                                                          Date
                                                                                                                                                                                          and
                                                                                                                                                                                          on
                                                                                                                                                                                          each
                                                                                                                                                                                          monthly
                                                                                                                                                                                          anniversary
                                                                                                                                                                                          of
                                                                                                                                                                                          each
                                                                                                                                                                                          such
                                                                                                                                                                                          Event
                                                                                                                                                                                          Date
                                                                                                                                                                                          (if
                                                                                                                                                                                          the
                                                                                                                                                                                          applicable
                                                                                                                                                                                          Event
                                                                                                                                                                                          shall
                                                                                                                                                                                          not
                                                                                                                                                                                          have
                                                                                                                                                                                          been
                                                                                                                                                                                          cured
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          date)
                                                                                                                                                                                          until
                                                                                                                                                                                          the
                                                                                                                                                                                          applicable
                                                                                                                                                                                          Event
                                                                                                                                                                                          is
                                                                                                                                                                                          cured,
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          pay
                                                                                                                                                                                          to
                                                                                                                                                                                          each
                                                                                                                                                                                          Holder
                                                                                                                                                                                          an
                                                                                                                                                                                          amount
                                                                                                                                                                                          in
                                                                                                                                                                                          cash,
                                                                                                                                                                                          as
                                                                                                                                                                                          partial
                                                                                                                                                                                          liquidated
                                                                                                                                                                                          damages
                                                                                                                                                                                          and
                                                                                                                                                                                          not
                                                                                                                                                                                          as
                                                                                                                                                                                          a
                                                                                                                                                                                          penalty,
                                                                                                                                                                                          equal
                                                                                                                                                                                          to
                                                                                                                                                                                          1.5%
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          aggregate
                                                                                                                                                                                          purchase
                                                                                                                                                                                          price
                                                                                                                                                                                          paid
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Subscription
                                                                                                                                                                                          Booklet
                                                                                                                                                                                          for
                                                                                                                                                                                          any
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          then
                                                                                                                                                                                          held
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder.
                                                                                                                                                                                          The
                                                                                                                                                                                          parties
                                                                                                                                                                                          agree
                                                                                                                                                                                          that
                                                                                                                                                                                          in
                                                                                                                                                                                          no
                                                                                                                                                                                          event
                                                                                                                                                                                          will
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          be
                                                                                                                                                                                          liable
                                                                                                                                                                                          for
                                                                                                                                                                                          liquidated
                                                                                                                                                                                          damages
                                                                                                                                                                                          under
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement
                                                                                                                                                                                          in
                                                                                                                                                                                          excess
                                                                                                                                                                                          of
                                                                                                                                                                                          1.5%
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          aggregate
                                                                                                                                                                                          subscription
                                                                                                                                                                                          amount
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Holders
                                                                                                                                                                                          paid
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Subscription
                                                                                                                                                                                          Booklet
                                                                                                                                                                                          in
                                                                                                                                                                                          any
                                                                                                                                                                                          30-day
                                                                                                                                                                                          period
                                                                                                                                                                                          and
                                                                                                                                                                                          (3)
                                                                                                                                                                                          the
                                                                                                                                                                                          maximum
                                                                                                                                                                                          aggregate
                                                                                                                                                                                          liquidated
                                                                                                                                                                                          damages
                                                                                                                                                                                          payable
                                                                                                                                                                                          to
                                                                                                                                                                                          a
                                                                                                                                                                                          Holder
                                                                                                                                                                                          under
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement
                                                                                                                                                                                          shall
                                                                                                                                                                                          be
                                                                                                                                                                                          eighteen
                                                                                                                                                                                          percent
                                                                                                                                                                                          (18%)
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          aggregate
                                                                                                                                                                                          subscription
                                                                                                                                                                                          amount
                                                                                                                                                                                          paid
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Subscription
                                                                                                                                                                                          Booklet.
                                                                                                                                                                                          If
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          fails
                                                                                                                                                                                          to
                                                                                                                                                                                          pay
                                                                                                                                                                                          any
                                                                                                                                                                                          partial
                                                                                                                                                                                          liquidated
                                                                                                                                                                                          damages
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          this
                                                                                                                                                                                          Section
                                                                                                                                                                                          in
                                                                                                                                                                                          full
                                                                                                                                                                                          within
                                                                                                                                                                                          seven
                                                                                                                                                                                          days
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          payable,
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          will
                                                                                                                                                                                          pay
                                                                                                                                                                                          interest
                                                                                                                                                                                          thereon
                                                                                                                                                                                          at
                                                                                                                                                                                          a
                                                                                                                                                                                          rate
                                                                                                                                                                                          of
                                                                                                                                                                                          18%
                                                                                                                                                                                          per
                                                                                                                                                                                          annum
                                                                                                                                                                                          (or
                                                                                                                                                                                          such
                                                                                                                                                                                          lesser
                                                                                                                                                                                          maximum
                                                                                                                                                                                          amount
                                                                                                                                                                                          that
                                                                                                                                                                                          is
                                                                                                                                                                                          permitted
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          paid
                                                                                                                                                                                          by
                                                                                                                                                                                          applicable
                                                                                                                                                                                          law)
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder,
                                                                                                                                                                                          accruing
                                                                                                                                                                                          daily
                                                                                                                                                                                          from
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          such
                                                                                                                                                                                          partial
                                                                                                                                                                                          liquidated
                                                                                                                                                                                          damages
                                                                                                                                                                                          are
                                                                                                                                                                                          due
                                                                                                                                                                                          until
                                                                                                                                                                                          such
                                                                                                                                                                                          amounts,
                                                                                                                                                                                          plus
                                                                                                                                                                                          all
                                                                                                                                                                                          such
                                                                                                                                                                                          interest
                                                                                                                                                                                          thereon,
                                                                                                                                                                                          are
                                                                                                                                                                                          paid
                                                                                                                                                                                          in
                                                                                                                                                                                          full.
                                                                                                                                                                                          The
                                                                                                                                                                                          partial
                                                                                                                                                                                          liquidated
                                                                                                                                                                                          damages
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          terms
                                                                                                                                                                                          hereof
                                                                                                                                                                                          shall
                                                                                                                                                                                          apply
                                                                                                                                                                                          on
                                                                                                                                                                                          a
                                                                                                                                                                                          daily
                                                                                                                                                                                          pro-rata
                                                                                                                                                                                          basis
                                                                                                                                                                                          for
                                                                                                                                                                                          any
                                                                                                                                                                                          portion
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          month
                                                                                                                                                                                          prior
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          cure
                                                                                                                                                                                          of
                                                                                                                                                                                          an
                                                                                                                                                                                          Event.

 

    	 

    	 

    

 

Exhibit
10.3

 

3.
Registration Procedures

 

In
connection with the Company’s registration obligations hereunder, the Company shall:

 

		(a)	Prepare
                                                                                                                                                                                          and
                                                                                                                                                                                          file
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          on
                                                                                                                                                                                          or
                                                                                                                                                                                          prior
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Filing
                                                                                                                                                                                          Date,
                                                                                                                                                                                          a
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          (and
                                                                                                                                                                                          any
                                                                                                                                                                                          additional
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statements
                                                                                                                                                                                          as
                                                                                                                                                                                          may
                                                                                                                                                                                          be
                                                                                                                                                                                          required)
                                                                                                                                                                                          in
                                                                                                                                                                                          accordance
                                                                                                                                                                                          with
                                                                                                                                                                                          Section
                                                                                                                                                                                          2(a),
                                                                                                                                                                                          and
                                                                                                                                                                                          cause
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          to
                                                                                                                                                                                          become
                                                                                                                                                                                          effective
                                                                                                                                                                                          and
                                                                                                                                                                                          remain
                                                                                                                                                                                          effective
                                                                                                                                                                                          as
                                                                                                                                                                                          provided
                                                                                                                                                                                          herein;
                                                                                                                                                                                          provided,
                                                                                                                                                                                          however,
                                                                                                                                                                                          that
                                                                                                                                                                                          not
                                                                                                                                                                                          less
                                                                                                                                                                                          than
                                                                                                                                                                                          five
                                                                                                                                                                                          (5)
                                                                                                                                                                                          Business
                                                                                                                                                                                          Days
                                                                                                                                                                                          prior
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          filing
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          related
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          amendment
                                                                                                                                                                                          or
                                                                                                                                                                                          supplement
                                                                                                                                                                                          thereto
                                                                                                                                                                                          (including
                                                                                                                                                                                          any
                                                                                                                                                                                          document
                                                                                                                                                                                          that
                                                                                                                                                                                          would
                                                                                                                                                                                          be
                                                                                                                                                                                          incorporated
                                                                                                                                                                                          or
                                                                                                                                                                                          deemed
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          incorporated
                                                                                                                                                                                          therein
                                                                                                                                                                                          by
                                                                                                                                                                                          reference),
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          (i)
                                                                                                                                                                                          furnish
                                                                                                                                                                                          to
                                                                                                                                                                                          each
                                                                                                                                                                                          Holder,
                                                                                                                                                                                          their
                                                                                                                                                                                          Special
                                                                                                                                                                                          Counsel
                                                                                                                                                                                          and
                                                                                                                                                                                          any
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          copies
                                                                                                                                                                                          of
                                                                                                                                                                                          all
                                                                                                                                                                                          such
                                                                                                                                                                                          documents
                                                                                                                                                                                          proposed
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          filed
                                                                                                                                                                                          (in
                                                                                                                                                                                          the
                                                                                                                                                                                          form
                                                                                                                                                                                          proposed
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          filed),
                                                                                                                                                                                          which
                                                                                                                                                                                          documents
                                                                                                                                                                                          (other
                                                                                                                                                                                          than
                                                                                                                                                                                          those
                                                                                                                                                                                          incorporated
                                                                                                                                                                                          or
                                                                                                                                                                                          deemed
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          incorporated
                                                                                                                                                                                          by
                                                                                                                                                                                          reference)
                                                                                                                                                                                          will
                                                                                                                                                                                          be
                                                                                                                                                                                          subject
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          review
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder,
                                                                                                                                                                                          their
                                                                                                                                                                                          Special
                                                                                                                                                                                          Counsel
                                                                                                                                                                                          and
                                                                                                                                                                                          such
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters;
                                                                                                                                                                                          and
                                                                                                                                                                                          (ii)
                                                                                                                                                                                          cause
                                                                                                                                                                                          its
                                                                                                                                                                                          officers
                                                                                                                                                                                          and
                                                                                                                                                                                          directors,
                                                                                                                                                                                          counsel
                                                                                                                                                                                          and
                                                                                                                                                                                          independent
                                                                                                                                                                                          certified
                                                                                                                                                                                          public
                                                                                                                                                                                          accountants
                                                                                                                                                                                          to
                                                                                                                                                                                          respond
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          inquiries
                                                                                                                                                                                          as
                                                                                                                                                                                          shall
                                                                                                                                                                                          be
                                                                                                                                                                                          necessary,
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          opinion
                                                                                                                                                                                          of
                                                                                                                                                                                          respective
                                                                                                                                                                                          counsel
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          and
                                                                                                                                                                                          such
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          to
                                                                                                                                                                                          conduct
                                                                                                                                                                                          a
                                                                                                                                                                                          reasonable
                                                                                                                                                                                          investigation
                                                                                                                                                                                          within
                                                                                                                                                                                          the
                                                                                                                                                                                          meaning
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act.
                                                                                                                                                                                          The
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          not
                                                                                                                                                                                          file
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          such
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          amendments
                                                                                                                                                                                          or
                                                                                                                                                                                          supplements
                                                                                                                                                                                          thereto
                                                                                                                                                                                          to
                                                                                                                                                                                          which
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities,
                                                                                                                                                                                          their
                                                                                                                                                                                          Special
                                                                                                                                                                                          Counsel,
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          shall
                                                                                                                                                                                          reasonably
                                                                                                                                                                                          object
                                                                                                                                                                                          on
                                                                                                                                                                                          a
                                                                                                                                                                                          timely
                                                                                                                                                                                          basis.

 

		(b)	(i)
                                                                                                                                                                                          Prepare
                                                                                                                                                                                          and
                                                                                                                                                                                          file
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          such
                                                                                                                                                                                          amendments,
                                                                                                                                                                                          including
                                                                                                                                                                                          post-effective
                                                                                                                                                                                          amendments,
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          as
                                                                                                                                                                                          may
                                                                                                                                                                                          be
                                                                                                                                                                                          necessary
                                                                                                                                                                                          to
                                                                                                                                                                                          keep
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          continuously
                                                                                                                                                                                          effective
                                                                                                                                                                                          as
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          applicable
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          for
                                                                                                                                                                                          the
                                                                                                                                                                                          Effectiveness
                                                                                                                                                                                          Period
                                                                                                                                                                                          and
                                                                                                                                                                                          prepare
                                                                                                                                                                                          and
                                                                                                                                                                                          file
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          such
                                                                                                                                                                                          additional
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statements
                                                                                                                                                                                          in
                                                                                                                                                                                          order
                                                                                                                                                                                          to
                                                                                                                                                                                          register
                                                                                                                                                                                          for
                                                                                                                                                                                          resale
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          and,
                                                                                                                                                                                          if
                                                                                                                                                                                          required,
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          all
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities;
                                                                                                                                                                                          (ii)
                                                                                                                                                                                          cause
                                                                                                                                                                                          the
                                                                                                                                                                                          related
                                                                                                                                                                                          Offering
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          amended
                                                                                                                                                                                          or
                                                                                                                                                                                          supplemented
                                                                                                                                                                                          by
                                                                                                                                                                                          any
                                                                                                                                                                                          required
                                                                                                                                                                                          Offering
                                                                                                                                                                                          supplement,
                                                                                                                                                                                          and
                                                                                                                                                                                          as
                                                                                                                                                                                          so
                                                                                                                                                                                          supplemented
                                                                                                                                                                                          or
                                                                                                                                                                                          amended
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          filed
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          Rule
                                                                                                                                                                                          424
                                                                                                                                                                                          (or
                                                                                                                                                                                          any
                                                                                                                                                                                          similar
                                                                                                                                                                                          provisions
                                                                                                                                                                                          then
                                                                                                                                                                                          in
                                                                                                                                                                                          force)
                                                                                                                                                                                          promulgated
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities;
                                                                                                                                                                                          (iii)
                                                                                                                                                                                          respond
                                                                                                                                                                                          as
                                                                                                                                                                                          promptly
                                                                                                                                                                                          as
                                                                                                                                                                                          practicable
                                                                                                                                                                                          to
                                                                                                                                                                                          any
                                                                                                                                                                                          comments
                                                                                                                                                                                          received
                                                                                                                                                                                          from
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          with
                                                                                                                                                                                          respect
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          amendment
                                                                                                                                                                                          thereto
                                                                                                                                                                                          and
                                                                                                                                                                                          promptly
                                                                                                                                                                                          provide
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          true
                                                                                                                                                                                          and
                                                                                                                                                                                          complete
                                                                                                                                                                                          copies
                                                                                                                                                                                          of
                                                                                                                                                                                          all
                                                                                                                                                                                          correspondence
                                                                                                                                                                                          from
                                                                                                                                                                                          and
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          relating
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement;
                                                                                                                                                                                          and
                                                                                                                                                                                          (iv)
                                                                                                                                                                                          comply
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          provisions
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          Exchange
                                                                                                                                                                                          Act
                                                                                                                                                                                          with
                                                                                                                                                                                          respect
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          disposition
                                                                                                                                                                                          of
                                                                                                                                                                                          all
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          covered
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          during
                                                                                                                                                                                          the
                                                                                                                                                                                          applicable
                                                                                                                                                                                          period
                                                                                                                                                                                          in
                                                                                                                                                                                          accordance
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          intended
                                                                                                                                                                                          methods
                                                                                                                                                                                          of
                                                                                                                                                                                          disposition
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          thereof
                                                                                                                                                                                          set
                                                                                                                                                                                          forth
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          as
                                                                                                                                                                                          so
                                                                                                                                                                                          amended
                                                                                                                                                                                          or
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          Offering
                                                                                                                                                                                          as
                                                                                                                                                                                          so
                                                                                                                                                                                          supplemented.

 

    	 

    	 

    

 

Exhibit
10.3

 

		(c)	Notify
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Holder
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   sold,
                                                                                                                                                                                                                   their
                                                                                                                                                                                                                   Special
                                                                                                                                                                                                                   Counsel
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   managing
                                                                                                                                                                                                                   underwriters
                                                                                                                                                                                                                   immediately
                                                                                                                                                                                                                   (and,
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   case
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   (i)(A)
                                                                                                                                                                                                                   below,
                                                                                                                                                                                                                   not
                                                                                                                                                                                                                   less
                                                                                                                                                                                                                   than
                                                                                                                                                                                                                   five
                                                                                                                                                                                                                   (5)
                                                                                                                                                                                                                   days
                                                                                                                                                                                                                   prior
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   filing)
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   (if
                                                                                                                                                                                                                   requested
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Person)
                                                                                                                                                                                                                   confirm
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   notice
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   writing
                                                                                                                                                                                                                   no
                                                                                                                                                                                                                   later
                                                                                                                                                                                                                   than
                                                                                                                                                                                                                   one
                                                                                                                                                                                                                   (1)
                                                                                                                                                                                                                   Business
                                                                                                                                                                                                                   Day
                                                                                                                                                                                                                   following
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   day
                                                                                                                                                                                                                   (i)(A)
                                                                                                                                                                                                                   when
                                                                                                                                                                                                                   an
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   post-effective
                                                                                                                                                                                                                   amendment
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   proposed
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   filed;
                                                                                                                                                                                                                   (B)
                                                                                                                                                                                                                   when
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Commission
                                                                                                                                                                                                                   notifies
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   whether
                                                                                                                                                                                                                   there
                                                                                                                                                                                                                   will
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   “review”
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   whenever
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Commission
                                                                                                                                                                                                                   comments
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   writing
                                                                                                                                                                                                                   on
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   (the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   shall
                                                                                                                                                                                                                   provide
                                                                                                                                                                                                                   true
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   complete
                                                                                                                                                                                                                   copies
                                                                                                                                                                                                                   thereof
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   written
                                                                                                                                                                                                                   responses
                                                                                                                                                                                                                   thereto
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   Holder);
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   (C)
                                                                                                                                                                                                                   with
                                                                                                                                                                                                                   respect
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   post-effective
                                                                                                                                                                                                                   amendment,
                                                                                                                                                                                                                   when
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   same
                                                                                                                                                                                                                   has
                                                                                                                                                                                                                   become
                                                                                                                                                                                                                   effective;
                                                                                                                                                                                                                   (ii)
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   request
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Commission
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   other
                                                                                                                                                                                                                   Federal
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   state
                                                                                                                                                                                                                   governmental
                                                                                                                                                                                                                   authority
                                                                                                                                                                                                                   for
                                                                                                                                                                                                                   amendments
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   supplements
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   for
                                                                                                                                                                                                                   additional
                                                                                                                                                                                                                   information;
                                                                                                                                                                                                                   (iii)
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   issuance
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Commission
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   stop
                                                                                                                                                                                                                   order
                                                                                                                                                                                                                   suspending
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   effectiveness
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   covering
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   initiation
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   Proceedings
                                                                                                                                                                                                                   for
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   purpose;
                                                                                                                                                                                                                   (iv)
                                                                                                                                                                                                                   if
                                                                                                                                                                                                                   at
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   time
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   representations
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   warranties
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   contained
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   agreement
                                                                                                                                                                                                                   (including
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   underwriting
                                                                                                                                                                                                                   agreement)
                                                                                                                                                                                                                   contemplated
                                                                                                                                                                                                                   hereby
                                                                                                                                                                                                                   ceases
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   true
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   correct
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   material
                                                                                                                                                                                                                   respects;
                                                                                                                                                                                                                   (v)
                                                                                                                                                                                                                   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
                                                                                                                                                                                                                   Proceeding
                                                                                                                                                                                                                   for
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   purpose;
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   (vi)
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   occurrence
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   event
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   makes
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   statement
                                                                                                                                                                                                                   made
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   document
                                                                                                                                                                                                                   incorporated
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   deemed
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   incorporated
                                                                                                                                                                                                                   therein
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   reference
                                                                                                                                                                                                                   untrue
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   material
                                                                                                                                                                                                                   respect
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   requires
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   revisions
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement,
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   other
                                                                                                                                                                                                                   documents
                                                                                                                                                                                                                   so
                                                                                                                                                                                                                   that,
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   case
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Offering,
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   case
                                                                                                                                                                                                                   may
                                                                                                                                                                                                                   be,
                                                                                                                                                                                                                   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.

 

		(d)	Use
                                                                                                                                                                                                                   its
                                                                                                                                                                                                                   best
                                                                                                                                                                                                                   efforts
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   avoid
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   issuance
                                                                                                                                                                                                                   of,
                                                                                                                                                                                                                   or,
                                                                                                                                                                                                                   if
                                                                                                                                                                                                                   issued,
                                                                                                                                                                                                                   obtain
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   withdrawal
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   (i)
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   order
                                                                                                                                                                                                                   suspending
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   effectiveness
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement;
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   (ii)
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   suspension
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   qualification
                                                                                                                                                                                                                   (or
                                                                                                                                                                                                                   exemption
                                                                                                                                                                                                                   from
                                                                                                                                                                                                                   qualification)
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   for
                                                                                                                                                                                                                   sale
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   jurisdiction,
                                                                                                                                                                                                                   at
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   earliest
                                                                                                                                                                                                                   practicable
                                                                                                                                                                                                                   moment.

 

		(e)	If
                                                                                                                                                                                                                   requested
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   managing
                                                                                                                                                                                                                   underwriter
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Holder
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   majority
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   interest
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   sold
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   connection
                                                                                                                                                                                                                   with
                                                                                                                                                                                                                   an
                                                                                                                                                                                                                   Underwritten
                                                                                                                                                                                                                   Offering,
                                                                                                                                                                                                                   (i)
                                                                                                                                                                                                                   promptly
                                                                                                                                                                                                                   incorporate
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   an
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   post-effective
                                                                                                                                                                                                                   amendment
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   information
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   managing
                                                                                                                                                                                                                   underwriters
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Holder
                                                                                                                                                                                                                   reasonably
                                                                                                                                                                                                                   agree
                                                                                                                                                                                                                   should
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   included
                                                                                                                                                                                                                   therein;
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   (ii)
                                                                                                                                                                                                                   make
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   required
                                                                                                                                                                                                                   filings
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   post-effective
                                                                                                                                                                                                                   amendment
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   soon
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   practicable
                                                                                                                                                                                                                   after
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   has
                                                                                                                                                                                                                   received
                                                                                                                                                                                                                   notification
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   matters
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   incorporated
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   post-effective
                                                                                                                                                                                                                   amendment;
                                                                                                                                                                                                                   provided,
                                                                                                                                                                                                                   however,
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   shall
                                                                                                                                                                                                                   not
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   required
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   take
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   action
                                                                                                                                                                                                                   pursuant
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   this
                                                                                                                                                                                                                   Section
                                                                                                                                                                                                                   3(e)
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   would,
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   opinion
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   counsel
                                                                                                                                                                                                                   for
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company,
                                                                                                                                                                                                                   violate
                                                                                                                                                                                                                   applicable
                                                                                                                                                                                                                   law
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   materially
                                                                                                                                                                                                                   detrimental
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   business
                                                                                                                                                                                                                   prospects
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company.

 

		(f)	Furnish
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   Holder,
                                                                                                                                                                                                                   their
                                                                                                                                                                                                                   Special
                                                                                                                                                                                                                   Counsel
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   managing
                                                                                                                                                                                                                   underwriters,
                                                                                                                                                                                                                   without
                                                                                                                                                                                                                   charge,
                                                                                                                                                                                                                   at
                                                                                                                                                                                                                   least
                                                                                                                                                                                                                   one
                                                                                                                                                                                                                   conformed
                                                                                                                                                                                                                   copy
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   amendment
                                                                                                                                                                                                                   thereto,
                                                                                                                                                                                                                   including
                                                                                                                                                                                                                   financial
                                                                                                                                                                                                                   statements
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   schedules,
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   documents
                                                                                                                                                                                                                   incorporated
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   deemed
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   incorporated
                                                                                                                                                                                                                   therein
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   reference,
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   exhibits
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   extent
                                                                                                                                                                                                                   reasonably
                                                                                                                                                                                                                   requested
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Person
                                                                                                                                                                                                                   (including
                                                                                                                                                                                                                   those
                                                                                                                                                                                                                   previously
                                                                                                                                                                                                                   furnished
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   incorporated
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   reference)
                                                                                                                                                                                                                   promptly
                                                                                                                                                                                                                   after
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   filing
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   documents
                                                                                                                                                                                                                   with
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Commission.

 

		(g)	Promptly
                                                                                                                                                                                                                   deliver
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   Holder,
                                                                                                                                                                                                                   their
                                                                                                                                                                                                                   Special
                                                                                                                                                                                                                   Counsel,
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   underwriters,
                                                                                                                                                                                                                   without
                                                                                                                                                                                                                   charge,
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   many
                                                                                                                                                                                                                   copies
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   Offerings
                                                                                                                                                                                                                   (including
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   form
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   Offering)
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   amendment
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   thereto
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Persons
                                                                                                                                                                                                                   may
                                                                                                                                                                                                                   reasonably
                                                                                                                                                                                                                   request;
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   hereby
                                                                                                                                                                                                                   consents
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   use
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   amendment
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   thereto
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   selling
                                                                                                                                                                                                                   Holder
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   underwriters
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   connection
                                                                                                                                                                                                                   with
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   offering
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   sale
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   covered
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   amendment
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   thereto.

 

    	 

    	 

    

 

Exhibit
10.3

 

		(h)	The
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   shall
                                                                                                                                                                                                                   qualify
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   register
                                                                                                                                                                                                                   (or
                                                                                                                                                                                                                   procure
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   necessary
                                                                                                                                                                                                                   exceptions
                                                                                                                                                                                                                   from
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   qualification
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   registration)
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   for
                                                                                                                                                                                                                   offer
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   sale
                                                                                                                                                                                                                   under
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   securities
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   Blue
                                                                                                                                                                                                                   Sky
                                                                                                                                                                                                                   laws
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   jurisdictions
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   Holder
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   underwriter
                                                                                                                                                                                                                   requests
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   writing,
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   keep
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   registration
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   qualification
                                                                                                                                                                                                                   (or
                                                                                                                                                                                                                   exemption
                                                                                                                                                                                                                   therefrom)
                                                                                                                                                                                                                   effective
                                                                                                                                                                                                                   during
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Effectiveness
                                                                                                                                                                                                                   Period
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   do
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   other
                                                                                                                                                                                                                   acts
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   things
                                                                                                                                                                                                                   necessary
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   advisable
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   enable
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   disposition
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   jurisdictions
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   covered
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement;
                                                                                                                                                                                                                   provided,
                                                                                                                                                                                                                   however,
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   shall
                                                                                                                                                                                                                   not,
                                                                                                                                                                                                                   other
                                                                                                                                                                                                                   than
                                                                                                                                                                                                                   with
                                                                                                                                                                                                                   respect
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Commonwealth
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   Virginia,
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   required
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   qualify
                                                                                                                                                                                                                   generally
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   do
                                                                                                                                                                                                                   business
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   jurisdiction
                                                                                                                                                                                                                   where
                                                                                                                                                                                                                   it
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   not
                                                                                                                                                                                                                   then
                                                                                                                                                                                                                   so
                                                                                                                                                                                                                   qualified
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   take
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   action
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   would
                                                                                                                                                                                                                   subject
                                                                                                                                                                                                                   it
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   general
                                                                                                                                                                                                                   service
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   process
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   jurisdiction
                                                                                                                                                                                                                   where
                                                                                                                                                                                                                   it
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   not
                                                                                                                                                                                                                   then
                                                                                                                                                                                                                   so
                                                                                                                                                                                                                   subject
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   subject
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   material
                                                                                                                                                                                                                   tax
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   jurisdiction
                                                                                                                                                                                                                   where
                                                                                                                                                                                                                   it
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   not
                                                                                                                                                                                                                   then
                                                                                                                                                                                                                   so
                                                                                                                                                                                                                   subject.

 

		(i)	Cooperate
                                                                                                                                                                                                                   with
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Holder
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   managing
                                                                                                                                                                                                                   underwriters
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   facilitate
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   timely
                                                                                                                                                                                                                   preparation
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   delivery
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   certificates
                                                                                                                                                                                                                   representing
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   sold
                                                                                                                                                                                                                   pursuant
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement,
                                                                                                                                                                                                                   which
                                                                                                                                                                                                                   certificates
                                                                                                                                                                                                                   shall
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   free
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   restrictive
                                                                                                                                                                                                                   legends,
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   enable
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   denominations
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   registered
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   names
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   managing
                                                                                                                                                                                                                   underwriters
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   Holder
                                                                                                                                                                                                                   may
                                                                                                                                                                                                                   request
                                                                                                                                                                                                                   at
                                                                                                                                                                                                                   least
                                                                                                                                                                                                                   three
                                                                                                                                                                                                                   Business
                                                                                                                                                                                                                   Days
                                                                                                                                                                                                                   prior
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   sale
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities.

 

		(j)	Upon
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   occurrence
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   event
                                                                                                                                                                                                                   contemplated
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   Section
                                                                                                                                                                                                                   3(c)(vi),
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   promptly
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   practicable,
                                                                                                                                                                                                                   prepare
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   amendment,
                                                                                                                                                                                                                   including
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   post-effective
                                                                                                                                                                                                                   amendment,
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   supplement
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   related
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   document
                                                                                                                                                                                                                   incorporated
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   deemed
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   incorporated
                                                                                                                                                                                                                   therein
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   reference,
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   file
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   other
                                                                                                                                                                                                                   required
                                                                                                                                                                                                                   document
                                                                                                                                                                                                                   so
                                                                                                                                                                                                                   that,
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   thereafter
                                                                                                                                                                                                                   delivered,
                                                                                                                                                                                                                   neither
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement
                                                                                                                                                                                                                   nor
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Offering
                                                                                                                                                                                                                   will
                                                                                                                                                                                                                   contain
                                                                                                                                                                                                                   an
                                                                                                                                                                                                                   untrue
                                                                                                                                                                                                                   statement
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   material
                                                                                                                                                                                                                   fact
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   omit
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   state
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   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.

 

		(k)	Use
                                                                                                                                                                                          its
                                                                                                                                                                                          best
                                                                                                                                                                                          efforts
                                                                                                                                                                                          to
                                                                                                                                                                                          cause
                                                                                                                                                                                          all
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          relating
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          listed
                                                                                                                                                                                          on
                                                                                                                                                                                          any
                                                                                                                                                                                          securities
                                                                                                                                                                                          exchange,
                                                                                                                                                                                          quotation
                                                                                                                                                                                          system,
                                                                                                                                                                                          market
                                                                                                                                                                                          or
                                                                                                                                                                                          over-the-counter
                                                                                                                                                                                          bulletin
                                                                                                                                                                                          board,
                                                                                                                                                                                          if
                                                                                                                                                                                          any,
                                                                                                                                                                                          on
                                                                                                                                                                                          which
                                                                                                                                                                                          similar
                                                                                                                                                                                          securities
                                                                                                                                                                                          issued
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          are
                                                                                                                                                                                          then
                                                                                                                                                                                          listed
                                                                                                                                                                                          as
                                                                                                                                                                                          and
                                                                                                                                                                                          when
                                                                                                                                                                                          required
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Offering
                                                                                                                                                                                          Memorandum.

 

		(l)	In
                                                                                                                                                                                          the
                                                                                                                                                                                          case
                                                                                                                                                                                          of
                                                                                                                                                                                          an
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering,
                                                                                                                                                                                          enter
                                                                                                                                                                                          into
                                                                                                                                                                                          such
                                                                                                                                                                                          agreements
                                                                                                                                                                                          (including
                                                                                                                                                                                          an
                                                                                                                                                                                          underwriting
                                                                                                                                                                                          agreement
                                                                                                                                                                                          in
                                                                                                                                                                                          form,
                                                                                                                                                                                          scope
                                                                                                                                                                                          and
                                                                                                                                                                                          substance
                                                                                                                                                                                          as
                                                                                                                                                                                          is
                                                                                                                                                                                          customary
                                                                                                                                                                                          in
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offerings)
                                                                                                                                                                                          and
                                                                                                                                                                                          take
                                                                                                                                                                                          all
                                                                                                                                                                                          such
                                                                                                                                                                                          other
                                                                                                                                                                                          actions
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          therewith
                                                                                                                                                                                          (including
                                                                                                                                                                                          those
                                                                                                                                                                                          reasonably
                                                                                                                                                                                          requested
                                                                                                                                                                                          by
                                                                                                                                                                                          any
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          being
                                                                                                                                                                                          sold)
                                                                                                                                                                                          in
                                                                                                                                                                                          order
                                                                                                                                                                                          to
                                                                                                                                                                                          expedite
                                                                                                                                                                                          or
                                                                                                                                                                                          facilitate
                                                                                                                                                                                          the
                                                                                                                                                                                          disposition
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities,
                                                                                                                                                                                          and
                                                                                                                                                                                          whether
                                                                                                                                                                                          or
                                                                                                                                                                                          not
                                                                                                                                                                                          an
                                                                                                                                                                                          underwriting
                                                                                                                                                                                          agreement
                                                                                                                                                                                          is
                                                                                                                                                                                          entered
                                                                                                                                                                                          into
                                                                                                                                                                                          (i)
                                                                                                                                                                                          make
                                                                                                                                                                                          such
                                                                                                                                                                                          representations
                                                                                                                                                                                          and
                                                                                                                                                                                          warranties
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          and
                                                                                                                                                                                          such
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          as
                                                                                                                                                                                          are
                                                                                                                                                                                          customarily
                                                                                                                                                                                          made
                                                                                                                                                                                          by
                                                                                                                                                                                          issuers
                                                                                                                                                                                          to
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          in
                                                                                                                                                                                          underwritten
                                                                                                                                                                                          public
                                                                                                                                                                                          offerings,
                                                                                                                                                                                          and
                                                                                                                                                                                          confirm
                                                                                                                                                                                          the
                                                                                                                                                                                          same
                                                                                                                                                                                          if
                                                                                                                                                                                          and
                                                                                                                                                                                          when
                                                                                                                                                                                          requested;
                                                                                                                                                                                          (ii)
                                                                                                                                                                                          obtain
                                                                                                                                                                                          and
                                                                                                                                                                                          deliver
                                                                                                                                                                                          copies
                                                                                                                                                                                          thereof
                                                                                                                                                                                          to
                                                                                                                                                                                          each
                                                                                                                                                                                          Holder
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          if
                                                                                                                                                                                          any,
                                                                                                                                                                                          of
                                                                                                                                                                                          opinions
                                                                                                                                                                                          of
                                                                                                                                                                                          counsel
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          and
                                                                                                                                                                                          updates
                                                                                                                                                                                          thereof
                                                                                                                                                                                          addressed
                                                                                                                                                                                          to
                                                                                                                                                                                          each
                                                                                                                                                                                          selling
                                                                                                                                                                                          Holder
                                                                                                                                                                                          and
                                                                                                                                                                                          each
                                                                                                                                                                                          such
                                                                                                                                                                                          underwriter,
                                                                                                                                                                                          in
                                                                                                                                                                                          form,
                                                                                                                                                                                          scope
                                                                                                                                                                                          and
                                                                                                                                                                                          substance
                                                                                                                                                                                          reasonably
                                                                                                                                                                                          satisfactory
                                                                                                                                                                                          to
                                                                                                                                                                                          any
                                                                                                                                                                                          such
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          and
                                                                                                                                                                                          Special
                                                                                                                                                                                          Counsel
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          selling
                                                                                                                                                                                          Holder
                                                                                                                                                                                          covering
                                                                                                                                                                                          the
                                                                                                                                                                                          matters
                                                                                                                                                                                          customarily
                                                                                                                                                                                          covered
                                                                                                                                                                                          in
                                                                                                                                                                                          opinions
                                                                                                                                                                                          requested
                                                                                                                                                                                          in
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offerings
                                                                                                                                                                                          and
                                                                                                                                                                                          such
                                                                                                                                                                                          other
                                                                                                                                                                                          matters
                                                                                                                                                                                          as
                                                                                                                                                                                          may
                                                                                                                                                                                          be
                                                                                                                                                                                          reasonably
                                                                                                                                                                                          requested
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Special
                                                                                                                                                                                          Counsel
                                                                                                                                                                                          and
                                                                                                                                                                                          underwriters;
                                                                                                                                                                                          (iii)
                                                                                                                                                                                          immediately
                                                                                                                                                                                          prior
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          effectiveness
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          or
                                                                                                                                                                                          at
                                                                                                                                                                                          the
                                                                                                                                                                                          time
                                                                                                                                                                                          of
                                                                                                                                                                                          delivery
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          sold
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          thereto
                                                                                                                                                                                          (at
                                                                                                                                                                                          the
                                                                                                                                                                                          option
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          underwriters),
                                                                                                                                                                                          obtain
                                                                                                                                                                                          and
                                                                                                                                                                                          deliver
                                                                                                                                                                                          copies
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          if
                                                                                                                                                                                          any,
                                                                                                                                                                                          of
                                                                                                                                                                                          “cold
                                                                                                                                                                                          comfort”
                                                                                                                                                                                          letters
                                                                                                                                                                                          and
                                                                                                                                                                                          updates
                                                                                                                                                                                          thereof
                                                                                                                                                                                          from
                                                                                                                                                                                          the
                                                                                                                                                                                          independent
                                                                                                                                                                                          certified
                                                                                                                                                                                          public
                                                                                                                                                                                          accountants
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          (and,
                                                                                                                                                                                          if
                                                                                                                                                                                          necessary,
                                                                                                                                                                                          any
                                                                                                                                                                                          other
                                                                                                                                                                                          independent
                                                                                                                                                                                          certified
                                                                                                                                                                                          public
                                                                                                                                                                                          accountants
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          subsidiary
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          or
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          business
                                                                                                                                                                                          acquired
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          for
                                                                                                                                                                                          which
                                                                                                                                                                                          financial
                                                                                                                                                                                          statements
                                                                                                                                                                                          and
                                                                                                                                                                                          financial
                                                                                                                                                                                          data
                                                                                                                                                                                          is,
                                                                                                                                                                                          or
                                                                                                                                                                                          is
                                                                                                                                                                                          required
                                                                                                                                                                                          to
                                                                                                                                                                                          be,
                                                                                                                                                                                          included
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement),
                                                                                                                                                                                          addressed
                                                                                                                                                                                          to
                                                                                                                                                                                          each
                                                                                                                                                                                          Person
                                                                                                                                                                                          and
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          form
                                                                                                                                                                                          and
                                                                                                                                                                                          substance
                                                                                                                                                                                          as
                                                                                                                                                                                          are
                                                                                                                                                                                          customary
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offerings;
                                                                                                                                                                                          (iv)
                                                                                                                                                                                          if
                                                                                                                                                                                          an
                                                                                                                                                                                          underwriting
                                                                                                                                                                                          agreement
                                                                                                                                                                                          is
                                                                                                                                                                                          entered
                                                                                                                                                                                          into,
                                                                                                                                                                                          the
                                                                                                                                                                                          same
                                                                                                                                                                                          shall
                                                                                                                                                                                          contain
                                                                                                                                                                                          indemnification
                                                                                                                                                                                          provisions
                                                                                                                                                                                          and
                                                                                                                                                                                          procedures
                                                                                                                                                                                          no
                                                                                                                                                                                          less
                                                                                                                                                                                          favorable
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          selling
                                                                                                                                                                                          Holder
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          if
                                                                                                                                                                                          any,
                                                                                                                                                                                          than
                                                                                                                                                                                          those
                                                                                                                                                                                          set
                                                                                                                                                                                          forth
                                                                                                                                                                                          in
                                                                                                                                                                                          Section
                                                                                                                                                                                          7
                                                                                                                                                                                          (or
                                                                                                                                                                                          such
                                                                                                                                                                                          other
                                                                                                                                                                                          provisions
                                                                                                                                                                                          and
                                                                                                                                                                                          procedures
                                                                                                                                                                                          acceptable
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          if
                                                                                                                                                                                          any,
                                                                                                                                                                                          and
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          participating
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering;
                                                                                                                                                                                          and
                                                                                                                                                                                          (v)
                                                                                                                                                                                          deliver
                                                                                                                                                                                          such
                                                                                                                                                                                          documents
                                                                                                                                                                                          and
                                                                                                                                                                                          certificates
                                                                                                                                                                                          as
                                                                                                                                                                                          may
                                                                                                                                                                                          be
                                                                                                                                                                                          reasonably
                                                                                                                                                                                          requested
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          being
                                                                                                                                                                                          sold,
                                                                                                                                                                                          their
                                                                                                                                                                                          Special
                                                                                                                                                                                          Counsel
                                                                                                                                                                                          and
                                                                                                                                                                                          any
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          to
                                                                                                                                                                                          evidence
                                                                                                                                                                                          the
                                                                                                                                                                                          continued
                                                                                                                                                                                          validity
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          representations
                                                                                                                                                                                          and
                                                                                                                                                                                          warranties
                                                                                                                                                                                          made
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          clause
                                                                                                                                                                                          3(l)(i)
                                                                                                                                                                                          above
                                                                                                                                                                                          and
                                                                                                                                                                                          to
                                                                                                                                                                                          evidence
                                                                                                                                                                                          compliance
                                                                                                                                                                                          with
                                                                                                                                                                                          any
                                                                                                                                                                                          customary
                                                                                                                                                                                          conditions
                                                                                                                                                                                          contained
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          underwriting
                                                                                                                                                                                          agreement
                                                                                                                                                                                          or
                                                                                                                                                                                          other
                                                                                                                                                                                          agreement
                                                                                                                                                                                          entered
                                                                                                                                                                                          into
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Company.

 

    	 

    	 

    

 

Exhibit
10.3

 

		(m)	Make
                                                                                                                                                                                                                   available
                                                                                                                                                                                                                   for
                                                                                                                                                                                                                   inspection
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   selling
                                                                                                                                                                                                                   Holder,
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   representative
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Holder,
                                                                                                                                                                                                                   an
                                                                                                                                                                                                                   underwriter
                                                                                                                                                                                                                   participating
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   disposition
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   Registrable
                                                                                                                                                                                                                   Securities,
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   an
                                                                                                                                                                                                                   attorney
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   accountant
                                                                                                                                                                                                                   retained
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   selling
                                                                                                                                                                                                                   Holder
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   underwriters,
                                                                                                                                                                                                                   at
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   offices
                                                                                                                                                                                                                   where
                                                                                                                                                                                                                   normally
                                                                                                                                                                                                                   kept,
                                                                                                                                                                                                                   during
                                                                                                                                                                                                                   reasonable
                                                                                                                                                                                                                   business
                                                                                                                                                                                                                   hours,
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   financial
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   other
                                                                                                                                                                                                                   records,
                                                                                                                                                                                                                   pertinent
                                                                                                                                                                                                                   corporate
                                                                                                                                                                                                                   documents
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   properties
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   its
                                                                                                                                                                                                                   subsidiaries,
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   cause
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   officers,
                                                                                                                                                                                                                   directors,
                                                                                                                                                                                                                   agents
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   employees
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   its
                                                                                                                                                                                                                   subsidiaries
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   supply
                                                                                                                                                                                                                   all
                                                                                                                                                                                                                   information
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   each
                                                                                                                                                                                                                   case
                                                                                                                                                                                                                   requested
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Holder,
                                                                                                                                                                                                                   representative,
                                                                                                                                                                                                                   underwriter,
                                                                                                                                                                                                                   attorney
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   accountant
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   connection
                                                                                                                                                                                                                   with
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Registration
                                                                                                                                                                                                                   Statement;
                                                                                                                                                                                                                   provided,
                                                                                                                                                                                                                   however,
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   any
                                                                                                                                                                                                                   information
                                                                                                                                                                                                                   that
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   determined
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   good
                                                                                                                                                                                                                   faith
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   writing
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   confidential
                                                                                                                                                                                                                   nature
                                                                                                                                                                                                                   at
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   time
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   delivery
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   information
                                                                                                                                                                                                                   shall
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   kept
                                                                                                                                                                                                                   confidential
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Persons,
                                                                                                                                                                                                                   unless
                                                                                                                                                                                                                   (i)
                                                                                                                                                                                                                   disclosure
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   information
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   required
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   court
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   administrative
                                                                                                                                                                                                                   order
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   necessary
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   respond
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   inquiries
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   regulatory
                                                                                                                                                                                                                   authorities;
                                                                                                                                                                                                                   (ii)
                                                                                                                                                                                                                   disclosure
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   information,
                                                                                                                                                                                                                   in
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   opinion
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   counsel
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Person,
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   required
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   law;
                                                                                                                                                                                                                   (iii)
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   information
                                                                                                                                                                                                                   becomes
                                                                                                                                                                                                                   generally
                                                                                                                                                                                                                   available
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   public
                                                                                                                                                                                                                   other
                                                                                                                                                                                                                   than
                                                                                                                                                                                                                   as
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   result
                                                                                                                                                                                                                   of
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   disclosure
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   failure
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   safeguard
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Person;
                                                                                                                                                                                                                   or
                                                                                                                                                                                                                   (iv)
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   information
                                                                                                                                                                                                                   becomes
                                                                                                                                                                                                                   available
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Person
                                                                                                                                                                                                                   from
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   source
                                                                                                                                                                                                                   other
                                                                                                                                                                                                                   than
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company
                                                                                                                                                                                                                   and
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   source
                                                                                                                                                                                                                   is
                                                                                                                                                                                                                   not
                                                                                                                                                                                                                   known
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   such
                                                                                                                                                                                                                   Person
                                                                                                                                                                                                                   to
                                                                                                                                                                                                                   be
                                                                                                                                                                                                                   bound
                                                                                                                                                                                                                   by
                                                                                                                                                                                                                   a
                                                                                                                                                                                                                   confidentiality
                                                                                                                                                                                                                   agreement
                                                                                                                                                                                                                   with
                                                                                                                                                                                                                   the
                                                                                                                                                                                                                   Company.

 

		(n)	Comply
                                                                                                                                                                                          with
                                                                                                                                                                                          all
                                                                                                                                                                                          applicable
                                                                                                                                                                                          rules
                                                                                                                                                                                          and
                                                                                                                                                                                          regulations
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Commission
                                                                                                                                                                                          and
                                                                                                                                                                                          make
                                                                                                                                                                                          generally
                                                                                                                                                                                          available
                                                                                                                                                                                          to
                                                                                                                                                                                          its
                                                                                                                                                                                          security
                                                                                                                                                                                          Holder
                                                                                                                                                                                          earning
                                                                                                                                                                                          statements
                                                                                                                                                                                          satisfying
                                                                                                                                                                                          the
                                                                                                                                                                                          provisions
                                                                                                                                                                                          of
                                                                                                                                                                                          Section
                                                                                                                                                                                          11(a)
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          and
                                                                                                                                                                                          Rule
                                                                                                                                                                                          158
                                                                                                                                                                                          not
                                                                                                                                                                                          later
                                                                                                                                                                                          than
                                                                                                                                                                                          45
                                                                                                                                                                                          days
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          end
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          12
                                                                                                                                                                                          month
                                                                                                                                                                                          period
                                                                                                                                                                                          (or
                                                                                                                                                                                          90
                                                                                                                                                                                          days
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          end
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          12-month
                                                                                                                                                                                          period
                                                                                                                                                                                          if
                                                                                                                                                                                          such
                                                                                                                                                                                          period
                                                                                                                                                                                          is
                                                                                                                                                                                          a
                                                                                                                                                                                          fiscal
                                                                                                                                                                                          year)
                                                                                                                                                                                          (i)
                                                                                                                                                                                          commencing
                                                                                                                                                                                          at
                                                                                                                                                                                          the
                                                                                                                                                                                          end
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          fiscal
                                                                                                                                                                                          quarter
                                                                                                                                                                                          in
                                                                                                                                                                                          which
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          are
                                                                                                                                                                                          sold
                                                                                                                                                                                          to
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          in
                                                                                                                                                                                          a
                                                                                                                                                                                          firm
                                                                                                                                                                                          commitment
                                                                                                                                                                                          or
                                                                                                                                                                                          best
                                                                                                                                                                                          efforts
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering;
                                                                                                                                                                                          and
                                                                                                                                                                                          (ii)
                                                                                                                                                                                          if
                                                                                                                                                                                          not
                                                                                                                                                                                          sold
                                                                                                                                                                                          to
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          an
                                                                                                                                                                                          offering,
                                                                                                                                                                                          commencing
                                                                                                                                                                                          on
                                                                                                                                                                                          the
                                                                                                                                                                                          first
                                                                                                                                                                                          day
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          first
                                                                                                                                                                                          fiscal
                                                                                                                                                                                          quarter
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          effective
                                                                                                                                                                                          date
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement,
                                                                                                                                                                                          which
                                                                                                                                                                                          statement
                                                                                                                                                                                          shall
                                                                                                                                                                                          cover
                                                                                                                                                                                          said
                                                                                                                                                                                          12-month
                                                                                                                                                                                          period,
                                                                                                                                                                                          or
                                                                                                                                                                                          end
                                                                                                                                                                                          shorter
                                                                                                                                                                                          periods
                                                                                                                                                                                          as
                                                                                                                                                                                          is
                                                                                                                                                                                          consistent
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          requirements
                                                                                                                                                                                          of
                                                                                                                                                                                          Rule
                                                                                                                                                                                          158.

 

		(o)	The
                                                                                                                                                                                          Company
                                                                                                                                                                                          may
                                                                                                                                                                                          require
                                                                                                                                                                                          each
                                                                                                                                                                                          selling
                                                                                                                                                                                          Holder
                                                                                                                                                                                          to
                                                                                                                                                                                          furnish
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          such
                                                                                                                                                                                          information
                                                                                                                                                                                          regarding
                                                                                                                                                                                          the
                                                                                                                                                                                          distribution
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          beneficial
                                                                                                                                                                                          ownership
                                                                                                                                                                                          of
                                                                                                                                                                                          Common
                                                                                                                                                                                          Stock
                                                                                                                                                                                          held
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          selling
                                                                                                                                                                                          Holder
                                                                                                                                                                                          as
                                                                                                                                                                                          is
                                                                                                                                                                                          required
                                                                                                                                                                                          by
                                                                                                                                                                                          law
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          disclosed
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          may
                                                                                                                                                                                          exclude
                                                                                                                                                                                          from
                                                                                                                                                                                          such
                                                                                                                                                                                          registration
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          who
                                                                                                                                                                                          unreasonably
                                                                                                                                                                                          fails
                                                                                                                                                                                          to
                                                                                                                                                                                          furnish
                                                                                                                                                                                          such
                                                                                                                                                                                          information
                                                                                                                                                                                          within
                                                                                                                                                                                          a
                                                                                                                                                                                          reasonable
                                                                                                                                                                                          time
                                                                                                                                                                                          after
                                                                                                                                                                                          receiving
                                                                                                                                                                                          such
                                                                                                                                                                                          request.
	 	 	 
	 	 	If
                                                                                                                                the
                                                                                                                                Registration
                                                                                                                                Statement
                                                                                                                                refers
                                                                                                                                to
                                                                                                                                any
                                                                                                                                Holder
                                                                                                                                by
                                                                                                                                name
                                                                                                                                or
                                                                                                                                otherwise
                                                                                                                                as
                                                                                                                                the
                                                                                                                                holder
                                                                                                                                of
                                                                                                                                any
                                                                                                                                securities
                                                                                                                                of
                                                                                                                                the
                                                                                                                                Company,
                                                                                                                                then
                                                                                                                                such
                                                                                                                                Holder
                                                                                                                                shall
                                                                                                                                have
                                                                                                                                the
                                                                                                                                right
                                                                                                                                to
                                                                                                                                require
                                                                                                                                (if
                                                                                                                                such
                                                                                                                                reference
                                                                                                                                to
                                                                                                                                such
                                                                                                                                Holder
                                                                                                                                by
                                                                                                                                name
                                                                                                                                or
                                                                                                                                otherwise
                                                                                                                                is
                                                                                                                                not
                                                                                                                                required
                                                                                                                                by
                                                                                                                                the
                                                                                                                                Securities
                                                                                                                                Act
                                                                                                                                or
                                                                                                                                any
                                                                                                                                similar
                                                                                                                                Federal
                                                                                                                                statute
                                                                                                                                then
                                                                                                                                in
                                                                                                                                force)
                                                                                                                                the
                                                                                                                                deletion
                                                                                                                                of
                                                                                                                                the
                                                                                                                                reference
                                                                                                                                to
                                                                                                                                such
                                                                                                                                Holder
                                                                                                                                in
                                                                                                                                any
                                                                                                                                amendment
                                                                                                                                or
                                                                                                                                supplement
                                                                                                                                to
                                                                                                                                the
                                                                                                                                Registration
                                                                                                                                Statement
                                                                                                                                filed
                                                                                                                                or
                                                                                                                                prepared
                                                                                                                                subsequent
                                                                                                                                to
                                                                                                                                the
                                                                                                                                time
                                                                                                                                that
                                                                                                                                such
                                                                                                                                reference
                                                                                                                                ceases
                                                                                                                                to
                                                                                                                                be
                                                                                                                                required. 

 

    	 

    	 

    

 

Exhibit
10.3

 

			EachHolder agrees by its
                                                                             acquisition of such Registrable Securities that (i) it will not offer or sell any Registrable Securities under the
                                                                             Registration Statement until it has received copies of the Offering as then amended or supplemented as contemplated in
                                                                             Section 3(g) and notice from the Company that such Registration Statement and any post-effective amendments thereto have
                                                                             become effective as contemplated by Section 3(c); and (ii) it will comply with the Offering delivery requirements of the
                                                                             Securities Act as applicable to it in connection with sales of Registrable Securities pursuant to the Registration
                                                                             Statement.

 

			Each Holder agrees by its
                                                                             acquisition of such Registrable Securities that, upon receipt of a notice from the Company of the occurrence of any event of
                                                                             the kind described in Section 3(c)(ii), 3(c)(iii), 3(c)(iv), 3(c)(v) or 3(c)(vi), such Holder will forthwith discontinue
                                                                             disposition of such Registrable Securities until such Holder’s receipt of the copies of the supplemented Offering
                                                                             and/or amended Registration Statement contemplated by Section 3(j), or until it is advised in writing (the
                                                                             “Advice”) by the Company that the use of the applicable Offering may be resumed, and, in either case, has
                                                                             received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in
                                                                             such Offering or Registration Statement.

 

4.
Registration Expenses

 

		(a)	All
                                                                                                                                                                                          fees
                                                                                                                                                                                          and
                                                                                                                                                                                          expenses
                                                                                                                                                                                          incident
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          performance
                                                                                                                                                                                          of
                                                                                                                                                                                          or
                                                                                                                                                                                          compliance
                                                                                                                                                                                          with
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall,
                                                                                                                                                                                          except
                                                                                                                                                                                          as
                                                                                                                                                                                          and
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          extent
                                                                                                                                                                                          specified
                                                                                                                                                                                          in
                                                                                                                                                                                          Section
                                                                                                                                                                                          4(c),
                                                                                                                                                                                          be
                                                                                                                                                                                          borne
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          whether
                                                                                                                                                                                          or
                                                                                                                                                                                          not
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          an
                                                                                                                                                                                          Underwritten
                                                                                                                                                                                          Offering
                                                                                                                                                                                          and
                                                                                                                                                                                          whether
                                                                                                                                                                                          or
                                                                                                                                                                                          not
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          is
                                                                                                                                                                                          filed
                                                                                                                                                                                          or
                                                                                                                                                                                          becomes
                                                                                                                                                                                          effective
                                                                                                                                                                                          and
                                                                                                                                                                                          whether
                                                                                                                                                                                          or
                                                                                                                                                                                          not
                                                                                                                                                                                          any
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          are
                                                                                                                                                                                          sold
                                                                                                                                                                                          pursuant
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement.
                                                                                                                                                                                          The
                                                                                                                                                                                          fees
                                                                                                                                                                                          and
                                                                                                                                                                                          expenses
                                                                                                                                                                                          referred
                                                                                                                                                                                          to
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          foregoing
                                                                                                                                                                                          sentence
                                                                                                                                                                                          shall
                                                                                                                                                                                          include,
                                                                                                                                                                                          without
                                                                                                                                                                                          limitation,
                                                                                                                                                                                          (i)
                                                                                                                                                                                          all
                                                                                                                                                                                          registration
                                                                                                                                                                                          and
                                                                                                                                                                                          filing
                                                                                                                                                                                          fees
                                                                                                                                                                                          (including,
                                                                                                                                                                                          without
                                                                                                                                                                                          limitation,
                                                                                                                                                                                          fees
                                                                                                                                                                                          and
                                                                                                                                                                                          expenses
                                                                                                                                                                                          (A)
                                                                                                                                                                                          with
                                                                                                                                                                                          respect
                                                                                                                                                                                          to
                                                                                                                                                                                          filings
                                                                                                                                                                                          required
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          made
                                                                                                                                                                                          with
                                                                                                                                                                                          The
                                                                                                                                                                                          NASDAQ
                                                                                                                                                                                          Stock
                                                                                                                                                                                          Market
                                                                                                                                                                                          and
                                                                                                                                                                                          each
                                                                                                                                                                                          other
                                                                                                                                                                                          securities
                                                                                                                                                                                          exchange
                                                                                                                                                                                          or
                                                                                                                                                                                          market
                                                                                                                                                                                          on
                                                                                                                                                                                          which
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          are
                                                                                                                                                                                          required
                                                                                                                                                                                          hereunder
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          listed
                                                                                                                                                                                          and
                                                                                                                                                                                          (B)
                                                                                                                                                                                          in
                                                                                                                                                                                          compliance
                                                                                                                                                                                          with
                                                                                                                                                                                          state
                                                                                                                                                                                          securities
                                                                                                                                                                                          or
                                                                                                                                                                                          Blue
                                                                                                                                                                                          Sky
                                                                                                                                                                                          laws
                                                                                                                                                                                          (including,
                                                                                                                                                                                          without
                                                                                                                                                                                          limitation,
                                                                                                                                                                                          fees
                                                                                                                                                                                          and
                                                                                                                                                                                          disbursements
                                                                                                                                                                                          of
                                                                                                                                                                                          counsel
                                                                                                                                                                                          for
                                                                                                                                                                                          the
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          or
                                                                                                                                                                                          Holder
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          Blue
                                                                                                                                                                                          Sky
                                                                                                                                                                                          qualifications
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          and
                                                                                                                                                                                          determination
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          eligibility
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          for
                                                                                                                                                                                          investment
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          laws
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          jurisdictions
                                                                                                                                                                                          as
                                                                                                                                                                                          the
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          if
                                                                                                                                                                                          any,
                                                                                                                                                                                          or
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          may
                                                                                                                                                                                          designate);
                                                                                                                                                                                          (ii)
                                                                                                                                                                                          printing
                                                                                                                                                                                          expenses
                                                                                                                                                                                          (including,
                                                                                                                                                                                          without
                                                                                                                                                                                          limitation,
                                                                                                                                                                                          expenses
                                                                                                                                                                                          of
                                                                                                                                                                                          printing
                                                                                                                                                                                          certificates
                                                                                                                                                                                          for
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          and
                                                                                                                                                                                          of
                                                                                                                                                                                          printing
                                                                                                                                                                                          Offerings
                                                                                                                                                                                          if
                                                                                                                                                                                          the
                                                                                                                                                                                          printing
                                                                                                                                                                                          of
                                                                                                                                                                                          Offerings
                                                                                                                                                                                          is
                                                                                                                                                                                          requested
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          managing
                                                                                                                                                                                          underwriters,
                                                                                                                                                                                          if
                                                                                                                                                                                          any,
                                                                                                                                                                                          or
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          included
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement);
                                                                                                                                                                                          (iii)
                                                                                                                                                                                          messenger,
                                                                                                                                                                                          telephone
                                                                                                                                                                                          and
                                                                                                                                                                                          delivery
                                                                                                                                                                                          expenses;
                                                                                                                                                                                          (iv)
                                                                                                                                                                                          fees
                                                                                                                                                                                          and
                                                                                                                                                                                          disbursements
                                                                                                                                                                                          of
                                                                                                                                                                                          counsel
                                                                                                                                                                                          for
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          and
                                                                                                                                                                                          Special
                                                                                                                                                                                          Counsel
                                                                                                                                                                                          for
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder,
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          case
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Special
                                                                                                                                                                                          Counsel,
                                                                                                                                                                                          to
                                                                                                                                                                                          a
                                                                                                                                                                                          maximum
                                                                                                                                                                                          amount
                                                                                                                                                                                          of
                                                                                                                                                                                          $5,000;
                                                                                                                                                                                          (v)
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          liability
                                                                                                                                                                                          insurance,
                                                                                                                                                                                          if
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          so
                                                                                                                                                                                          desires
                                                                                                                                                                                          such
                                                                                                                                                                                          insurance;
                                                                                                                                                                                          and
                                                                                                                                                                                          (vi)
                                                                                                                                                                                          fees
                                                                                                                                                                                          and
                                                                                                                                                                                          expenses
                                                                                                                                                                                          of
                                                                                                                                                                                          all
                                                                                                                                                                                          other
                                                                                                                                                                                          Persons
                                                                                                                                                                                          retained
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          consummation
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          transactions
                                                                                                                                                                                          contemplated
                                                                                                                                                                                          by
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement.
                                                                                                                                                                                          In
                                                                                                                                                                                          addition,
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          be
                                                                                                                                                                                          responsible
                                                                                                                                                                                          for
                                                                                                                                                                                          all
                                                                                                                                                                                          of
                                                                                                                                                                                          its
                                                                                                                                                                                          internal
                                                                                                                                                                                          expenses
                                                                                                                                                                                          incurred
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          consummation
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          transactions
                                                                                                                                                                                          contemplated
                                                                                                                                                                                          by
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement
                                                                                                                                                                                          (including,
                                                                                                                                                                                          without
                                                                                                                                                                                          limitation,
                                                                                                                                                                                          all
                                                                                                                                                                                          salaries
                                                                                                                                                                                          and
                                                                                                                                                                                          expenses
                                                                                                                                                                                          of
                                                                                                                                                                                          its
                                                                                                                                                                                          officers
                                                                                                                                                                                          and
                                                                                                                                                                                          employees
                                                                                                                                                                                          performing
                                                                                                                                                                                          legal
                                                                                                                                                                                          or
                                                                                                                                                                                          accounting
                                                                                                                                                                                          duties),
                                                                                                                                                                                          the
                                                                                                                                                                                          expense
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          annual
                                                                                                                                                                                          audit,
                                                                                                                                                                                          the
                                                                                                                                                                                          fees
                                                                                                                                                                                          and
                                                                                                                                                                                          expenses
                                                                                                                                                                                          incurred
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          listing
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          on
                                                                                                                                                                                          any
                                                                                                                                                                                          securities
                                                                                                                                                                                          exchange
                                                                                                                                                                                          as
                                                                                                                                                                                          required
                                                                                                                                                                                          hereunder.

 

    	 

    	 

    

 

Exhibit
10.3

 

		(b)	If
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Holder
                                                                                                                                                                                                                  requires
                                                                                                                                                                                                                  an
                                                                                                                                                                                                                  Underwritten
                                                                                                                                                                                                                  Offering
                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  terms
                                                                                                                                                                                                                  hereof,
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  responsible
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  all
                                                                                                                                                                                                                  costs,
                                                                                                                                                                                                                  fees
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  expenses
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  connection
                                                                                                                                                                                                                  therewith,
                                                                                                                                                                                                                  except
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  fees
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  disbursements
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Underwriters
                                                                                                                                                                                                                  (including
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  underwriting
                                                                                                                                                                                                                  commissions
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  discounts)
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  their
                                                                                                                                                                                                                  legal
                                                                                                                                                                                                                  counsel
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  accountants.
                                                                                                                                                                                                                  By
                                                                                                                                                                                                                  way
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  illustration
                                                                                                                                                                                                                  which
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  intended
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  diminish
                                                                                                                                                                                                                  from
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  provisions
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  Section
                                                                                                                                                                                                                  4(a),
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Holder
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  responsible
                                                                                                                                                                                                                  for,
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  required
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  pay
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  fees
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  disbursements
                                                                                                                                                                                                                  incurred
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  (including
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  its
                                                                                                                                                                                                                  legal
                                                                                                                                                                                                                  counsel
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  accountants)
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  connection
                                                                                                                                                                                                                  with,
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  preparation
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  filing
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  Registration
                                                                                                                                                                                                                  Statement
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  related
                                                                                                                                                                                                                  Offering
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  offering,
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  maintenance
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  Registration
                                                                                                                                                                                                                  Statement
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  terms
                                                                                                                                                                                                                  hereof,
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  listing
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  requirements
                                                                                                                                                                                                                  hereof,
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  printing
                                                                                                                                                                                                                  expenses
                                                                                                                                                                                                                  incurred
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  comply
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  requirements
                                                                                                                                                                                                                  hereof.

 

5.
Indemnification

 

		(a)	Indemnification
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Company.
                                                                                                                                                                                          The
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall,
                                                                                                                                                                                          notwithstanding
                                                                                                                                                                                          any
                                                                                                                                                                                          termination
                                                                                                                                                                                          of
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement,
                                                                                                                                                                                          indemnify
                                                                                                                                                                                          and
                                                                                                                                                                                          hold
                                                                                                                                                                                          harmless
                                                                                                                                                                                          each
                                                                                                                                                                                          Holder,
                                                                                                                                                                                          the
                                                                                                                                                                                          officers,
                                                                                                                                                                                          directors,
                                                                                                                                                                                          agents
                                                                                                                                                                                          (including
                                                                                                                                                                                          any
                                                                                                                                                                                          underwriters
                                                                                                                                                                                          retained
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          offer
                                                                                                                                                                                          and
                                                                                                                                                                                          sale
                                                                                                                                                                                          of
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities),
                                                                                                                                                                                          brokers
                                                                                                                                                                                          (including
                                                                                                                                                                                          brokers
                                                                                                                                                                                          who
                                                                                                                                                                                          offer
                                                                                                                                                                                          and
                                                                                                                                                                                          sell
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          as
                                                                                                                                                                                          principal
                                                                                                                                                                                          as
                                                                                                                                                                                          a
                                                                                                                                                                                          result
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          pledge
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          failure
                                                                                                                                                                                          to
                                                                                                                                                                                          perform
                                                                                                                                                                                          under
                                                                                                                                                                                          a
                                                                                                                                                                                          margin
                                                                                                                                                                                          call
                                                                                                                                                                                          of
                                                                                                                                                                                          Common
                                                                                                                                                                                          Stock),
                                                                                                                                                                                          investment
                                                                                                                                                                                          advisors
                                                                                                                                                                                          and
                                                                                                                                                                                          employees
                                                                                                                                                                                          of
                                                                                                                                                                                          each
                                                                                                                                                                                          of
                                                                                                                                                                                          them,
                                                                                                                                                                                          each
                                                                                                                                                                                          Person
                                                                                                                                                                                          who
                                                                                                                                                                                          controls
                                                                                                                                                                                          any
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          (within
                                                                                                                                                                                          the
                                                                                                                                                                                          meaning
                                                                                                                                                                                          of
                                                                                                                                                                                          Section
                                                                                                                                                                                          15
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          or
                                                                                                                                                                                          Section
                                                                                                                                                                                          20
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Exchange
                                                                                                                                                                                          Act)
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          officers,
                                                                                                                                                                                          directors,
                                                                                                                                                                                          agents
                                                                                                                                                                                          and
                                                                                                                                                                                          employees
                                                                                                                                                                                          of
                                                                                                                                                                                          each
                                                                                                                                                                                          such
                                                                                                                                                                                          controlling
                                                                                                                                                                                          Person,
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          fullest
                                                                                                                                                                                          extent
                                                                                                                                                                                          permitted
                                                                                                                                                                                          by
                                                                                                                                                                                          applicable
                                                                                                                                                                                          law,
                                                                                                                                                                                          from
                                                                                                                                                                                          and
                                                                                                                                                                                          against
                                                                                                                                                                                          any
                                                                                                                                                                                          and
                                                                                                                                                                                          all
                                                                                                                                                                                          losses,
                                                                                                                                                                                          claims,
                                                                                                                                                                                          damages,
                                                                                                                                                                                          liabilities,
                                                                                                                                                                                          settlements,
                                                                                                                                                                                          judgments,
                                                                                                                                                                                          costs
                                                                                                                                                                                          (including,
                                                                                                                                                                                          without
                                                                                                                                                                                          limitation,
                                                                                                                                                                                          costs
                                                                                                                                                                                          of
                                                                                                                                                                                          preparation
                                                                                                                                                                                          and
                                                                                                                                                                                          attorneys’
                                                                                                                                                                                          fees)
                                                                                                                                                                                          and
                                                                                                                                                                                          expenses
                                                                                                                                                                                          (collectively,
                                                                                                                                                                                          “Losses”),
                                                                                                                                                                                          as
                                                                                                                                                                                          incurred,
                                                                                                                                                                                          arising
                                                                                                                                                                                          out
                                                                                                                                                                                          of
                                                                                                                                                                                          or
                                                                                                                                                                                          relating
                                                                                                                                                                                          to
                                                                                                                                                                                          any
                                                                                                                                                                                          untrue
                                                                                                                                                                                          or
                                                                                                                                                                                          alleged
                                                                                                                                                                                          untrue
                                                                                                                                                                                          statement
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          material
                                                                                                                                                                                          fact
                                                                                                                                                                                          contained
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement,
                                                                                                                                                                                          any
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          form
                                                                                                                                                                                          of
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          in
                                                                                                                                                                                          any
                                                                                                                                                                                          amendment
                                                                                                                                                                                          or
                                                                                                                                                                                          supplement
                                                                                                                                                                                          thereto
                                                                                                                                                                                          or
                                                                                                                                                                                          in
                                                                                                                                                                                          any
                                                                                                                                                                                          preliminary
                                                                                                                                                                                          Offering,
                                                                                                                                                                                          or
                                                                                                                                                                                          arising
                                                                                                                                                                                          out
                                                                                                                                                                                          of
                                                                                                                                                                                          or
                                                                                                                                                                                          relating
                                                                                                                                                                                          to
                                                                                                                                                                                          any
                                                                                                                                                                                          omission
                                                                                                                                                                                          or
                                                                                                                                                                                          alleged
                                                                                                                                                                                          omission
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          material
                                                                                                                                                                                          fact
                                                                                                                                                                                          required
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          stated
                                                                                                                                                                                          therein
                                                                                                                                                                                          or
                                                                                                                                                                                          necessary
                                                                                                                                                                                          to
                                                                                                                                                                                          make
                                                                                                                                                                                          the
                                                                                                                                                                                          statements
                                                                                                                                                                                          therein
                                                                                                                                                                                          (in
                                                                                                                                                                                          the
                                                                                                                                                                                          case
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          form
                                                                                                                                                                                          of
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          supplement
                                                                                                                                                                                          thereto,
                                                                                                                                                                                          in
                                                                                                                                                                                          light
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          circumstances
                                                                                                                                                                                          under
                                                                                                                                                                                          which
                                                                                                                                                                                          they
                                                                                                                                                                                          were
                                                                                                                                                                                          made)
                                                                                                                                                                                          not
                                                                                                                                                                                          misleading,
                                                                                                                                                                                          except
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          extent,
                                                                                                                                                                                          but
                                                                                                                                                                                          only
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          extent,
                                                                                                                                                                                          that
                                                                                                                                                                                          such
                                                                                                                                                                                          untrue
                                                                                                                                                                                          statements
                                                                                                                                                                                          or
                                                                                                                                                                                          omissions
                                                                                                                                                                                          are
                                                                                                                                                                                          based
                                                                                                                                                                                          solely
                                                                                                                                                                                          upon
                                                                                                                                                                                          information
                                                                                                                                                                                          regarding
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          furnished
                                                                                                                                                                                          in
                                                                                                                                                                                          writing
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          by
                                                                                                                                                                                          or
                                                                                                                                                                                          on
                                                                                                                                                                                          behalf
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          expressly
                                                                                                                                                                                          for
                                                                                                                                                                                          use
                                                                                                                                                                                          therein,
                                                                                                                                                                                          or
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          extent
                                                                                                                                                                                          that
                                                                                                                                                                                          such
                                                                                                                                                                                          information
                                                                                                                                                                                          relates
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          or
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder’s
                                                                                                                                                                                          proposed
                                                                                                                                                                                          method
                                                                                                                                                                                          of
                                                                                                                                                                                          distribution
                                                                                                                                                                                          of
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          and
                                                                                                                                                                                          was
                                                                                                                                                                                          reviewed
                                                                                                                                                                                          and
                                                                                                                                                                                          expressly
                                                                                                                                                                                          approved
                                                                                                                                                                                          in
                                                                                                                                                                                          writing
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          expressly
                                                                                                                                                                                          for
                                                                                                                                                                                          use
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement,
                                                                                                                                                                                          such
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          such
                                                                                                                                                                                          form
                                                                                                                                                                                          of
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          in
                                                                                                                                                                                          any
                                                                                                                                                                                          amendment
                                                                                                                                                                                          or
                                                                                                                                                                                          supplement
                                                                                                                                                                                          thereto.
                                                                                                                                                                                          The
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          notify
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          promptly
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          institution,
                                                                                                                                                                                          threat
                                                                                                                                                                                          or
                                                                                                                                                                                          assertion
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          Proceeding
                                                                                                                                                                                          of
                                                                                                                                                                                          which
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          is
                                                                                                                                                                                          aware
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          transactions
                                                                                                                                                                                          contemplated
                                                                                                                                                                                          by
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement.

 

		(b)	Indemnification
                                                                                                                                                                                          by
                                                                                                                                                                                          Holder.
                                                                                                                                                                                          Each
                                                                                                                                                                                          Holder
                                                                                                                                                                                          shall,
                                                                                                                                                                                          severally
                                                                                                                                                                                          and
                                                                                                                                                                                          not
                                                                                                                                                                                          jointly,
                                                                                                                                                                                          indemnify
                                                                                                                                                                                          and
                                                                                                                                                                                          hold
                                                                                                                                                                                          harmless
                                                                                                                                                                                          the
                                                                                                                                                                                          Company,
                                                                                                                                                                                          its
                                                                                                                                                                                          directors,
                                                                                                                                                                                          officers,
                                                                                                                                                                                          agents
                                                                                                                                                                                          and
                                                                                                                                                                                          employees,
                                                                                                                                                                                          each
                                                                                                                                                                                          Person
                                                                                                                                                                                          who
                                                                                                                                                                                          controls
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          (within
                                                                                                                                                                                          the
                                                                                                                                                                                          meaning
                                                                                                                                                                                          of
                                                                                                                                                                                          Section
                                                                                                                                                                                          15
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          and
                                                                                                                                                                                          Section
                                                                                                                                                                                          20
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Exchange
                                                                                                                                                                                          Act),
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          directors,
                                                                                                                                                                                          officers,
                                                                                                                                                                                          agents
                                                                                                                                                                                          or
                                                                                                                                                                                          employees
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          controlling
                                                                                                                                                                                          Persons,
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          fullest
                                                                                                                                                                                          extent
                                                                                                                                                                                          permitted
                                                                                                                                                                                          by
                                                                                                                                                                                          applicable
                                                                                                                                                                                          law,
                                                                                                                                                                                          from
                                                                                                                                                                                          and
                                                                                                                                                                                          against
                                                                                                                                                                                          all
                                                                                                                                                                                          Losses
                                                                                                                                                                                          (as
                                                                                                                                                                                          determined
                                                                                                                                                                                          by
                                                                                                                                                                                          a
                                                                                                                                                                                          court
                                                                                                                                                                                          of
                                                                                                                                                                                          competent
                                                                                                                                                                                          jurisdiction
                                                                                                                                                                                          in
                                                                                                                                                                                          a
                                                                                                                                                                                          final
                                                                                                                                                                                          judgment
                                                                                                                                                                                          not
                                                                                                                                                                                          subject
                                                                                                                                                                                          to
                                                                                                                                                                                          appeal
                                                                                                                                                                                          or
                                                                                                                                                                                          review)
                                                                                                                                                                                          arising
                                                                                                                                                                                          solely
                                                                                                                                                                                          out
                                                                                                                                                                                          of
                                                                                                                                                                                          or
                                                                                                                                                                                          based
                                                                                                                                                                                          solely
                                                                                                                                                                                          upon
                                                                                                                                                                                          any
                                                                                                                                                                                          untrue
                                                                                                                                                                                          statement
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          material
                                                                                                                                                                                          fact
                                                                                                                                                                                          contained
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement,
                                                                                                                                                                                          any
                                                                                                                                                                                          Offering,
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          form
                                                                                                                                                                                          of
                                                                                                                                                                                          Offering,
                                                                                                                                                                                          or
                                                                                                                                                                                          arising
                                                                                                                                                                                          solely
                                                                                                                                                                                          out
                                                                                                                                                                                          of
                                                                                                                                                                                          or
                                                                                                                                                                                          based
                                                                                                                                                                                          solely
                                                                                                                                                                                          upon
                                                                                                                                                                                          any
                                                                                                                                                                                          omission
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          material
                                                                                                                                                                                          fact
                                                                                                                                                                                          required
                                                                                                                                                                                          to
                                                                                                                                                                                          be
                                                                                                                                                                                          stated
                                                                                                                                                                                          therein
                                                                                                                                                                                          or
                                                                                                                                                                                          necessary
                                                                                                                                                                                          to
                                                                                                                                                                                          make
                                                                                                                                                                                          the
                                                                                                                                                                                          statements
                                                                                                                                                                                          therein
                                                                                                                                                                                          not
                                                                                                                                                                                          misleading
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          extent,
                                                                                                                                                                                          but
                                                                                                                                                                                          only
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          extent,
                                                                                                                                                                                          that
                                                                                                                                                                                          such
                                                                                                                                                                                          untrue
                                                                                                                                                                                          statement
                                                                                                                                                                                          or
                                                                                                                                                                                          omission
                                                                                                                                                                                          is
                                                                                                                                                                                          contained
                                                                                                                                                                                          in
                                                                                                                                                                                          any
                                                                                                                                                                                          information
                                                                                                                                                                                          so
                                                                                                                                                                                          furnished
                                                                                                                                                                                          in
                                                                                                                                                                                          writing
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          specifically
                                                                                                                                                                                          for
                                                                                                                                                                                          inclusion
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement
                                                                                                                                                                                          or
                                                                                                                                                                                          such
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          extent
                                                                                                                                                                                          that
                                                                                                                                                                                          such
                                                                                                                                                                                          information
                                                                                                                                                                                          relates
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          or
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder’s
                                                                                                                                                                                          proposed
                                                                                                                                                                                          method
                                                                                                                                                                                          of
                                                                                                                                                                                          distribution
                                                                                                                                                                                          of
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          and
                                                                                                                                                                                          was
                                                                                                                                                                                          reviewed
                                                                                                                                                                                          and
                                                                                                                                                                                          expressly
                                                                                                                                                                                          approved
                                                                                                                                                                                          in
                                                                                                                                                                                          writing
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          expressly
                                                                                                                                                                                          for
                                                                                                                                                                                          use
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          Registration
                                                                                                                                                                                          Statement,
                                                                                                                                                                                          such
                                                                                                                                                                                          Offering
                                                                                                                                                                                          or
                                                                                                                                                                                          such
                                                                                                                                                                                          form
                                                                                                                                                                                          of
                                                                                                                                                                                          Offering.
                                                                                                                                                                                          In
                                                                                                                                                                                          no
                                                                                                                                                                                          event
                                                                                                                                                                                          shall
                                                                                                                                                                                          the
                                                                                                                                                                                          liability
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          selling
                                                                                                                                                                                          Holder
                                                                                                                                                                                          hereunder
                                                                                                                                                                                          be
                                                                                                                                                                                          greater
                                                                                                                                                                                          in
                                                                                                                                                                                          amount
                                                                                                                                                                                          than
                                                                                                                                                                                          the
                                                                                                                                                                                          dollar
                                                                                                                                                                                          amount
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          net
                                                                                                                                                                                          proceeds
                                                                                                                                                                                          received
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          Holder
                                                                                                                                                                                          upon
                                                                                                                                                                                          the
                                                                                                                                                                                          sale
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities
                                                                                                                                                                                          giving
                                                                                                                                                                                          rise
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          indemnification
                                                                                                                                                                                          obligation.

 

    	 

    	 

    

 

Exhibit
10.3

 

		(c)	Conduct
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 Indemnification
                                                                                                                                                                                                                 Proceedings.
                                                                                                                                                                                                                 If
                                                                                                                                                                                                                 any
                                                                                                                                                                                                                 Proceeding
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 be
                                                                                                                                                                                                                 brought
                                                                                                                                                                                                                 or
                                                                                                                                                                                                                 asserted
                                                                                                                                                                                                                 against
                                                                                                                                                                                                                 any
                                                                                                                                                                                                                 Person
                                                                                                                                                                                                                 entitled
                                                                                                                                                                                                                 to
                                                                                                                                                                                                                 indemnity
                                                                                                                                                                                                                 hereunder
                                                                                                                                                                                                                 (an
                                                                                                                                                                                                                 “Indemnified
                                                                                                                                                                                                                 Party”),
                                                                                                                                                                                                                 such
                                                                                                                                                                                                                 Indemnified
                                                                                                                                                                                                                 Party
                                                                                                                                                                                                                 promptly
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 notify
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Person
                                                                                                                                                                                                                 from
                                                                                                                                                                                                                 whom
                                                                                                                                                                                                                 indemnity
                                                                                                                                                                                                                 is
                                                                                                                                                                                                                 sought
                                                                                                                                                                                                                 (the
                                                                                                                                                                                                                 “Indemnifying
                                                                                                                                                                                                                 Party”)
                                                                                                                                                                                                                 in
                                                                                                                                                                                                                 writing,
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Indemnifying
                                                                                                                                                                                                                 Party
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 assume
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 defense
                                                                                                                                                                                                                 thereof,
                                                                                                                                                                                                                 including
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 employment
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 counsel
                                                                                                                                                                                                                 reasonably
                                                                                                                                                                                                                 satisfactory
                                                                                                                                                                                                                 to
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Indemnified
                                                                                                                                                                                                                 Party
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 payment
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 all
                                                                                                                                                                                                                 fees
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 expenses
                                                                                                                                                                                                                 incurred
                                                                                                                                                                                                                 in
                                                                                                                                                                                                                 connection
                                                                                                                                                                                                                 with
                                                                                                                                                                                                                 defense
                                                                                                                                                                                                                 thereof;
                                                                                                                                                                                                                 provided,
                                                                                                                                                                                                                 that
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 failure
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 any
                                                                                                                                                                                                                 Indemnified
                                                                                                                                                                                                                 Party
                                                                                                                                                                                                                 to
                                                                                                                                                                                                                 give
                                                                                                                                                                                                                 such
                                                                                                                                                                                                                 notice
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 not
                                                                                                                                                                                                                 relieve
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Indemnifying
                                                                                                                                                                                                                 Party
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 its
                                                                                                                                                                                                                 obligations
                                                                                                                                                                                                                 or
                                                                                                                                                                                                                 liabilities
                                                                                                                                                                                                                 pursuant
                                                                                                                                                                                                                 to
                                                                                                                                                                                                                 this
                                                                                                                                                                                                                 Agreement,
                                                                                                                                                                                                                 except
                                                                                                                                                                                                                 (and
                                                                                                                                                                                                                 only)
                                                                                                                                                                                                                 to
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 extent
                                                                                                                                                                                                                 that
                                                                                                                                                                                                                 it
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 be
                                                                                                                                                                                                                 finally
                                                                                                                                                                                                                 determined
                                                                                                                                                                                                                 by
                                                                                                                                                                                                                 a
                                                                                                                                                                                                                 court
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 competent
                                                                                                                                                                                                                 jurisdiction
                                                                                                                                                                                                                 (which
                                                                                                                                                                                                                 determination
                                                                                                                                                                                                                 is
                                                                                                                                                                                                                 not
                                                                                                                                                                                                                 subject
                                                                                                                                                                                                                 to
                                                                                                                                                                                                                 appeal
                                                                                                                                                                                                                 or
                                                                                                                                                                                                                 further
                                                                                                                                                                                                                 review)
                                                                                                                                                                                                                 that
                                                                                                                                                                                                                 such
                                                                                                                                                                                                                 failure
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 have
                                                                                                                                                                                                                 proximately
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 materially
                                                                                                                                                                                                                 adversely
                                                                                                                                                                                                                 prejudiced
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Indemnifying
                                                                                                                                                                                                                 Party.

 

			An Indemnified Party shall have the
                                                                                                                                           right to employ separate counsel in any such Proceeding and to participate in the defense thereof, but the fees and
                                                                                                                                           expenses of such counsel shall be at the expense of such Indemnified Party or Parties unless: (1) the Indemnifying Party has
                                                                                                                                           agreed in writing to pay such fees and expenses; or (2) the Indemnifying Party shall have failed promptly to assume the
                                                                                                                                           defense of such Proceeding and to employ counsel reasonably satisfactory to such Indemnified Party in any such Proceeding; or
                                                                                                                                           (3) the named parties to any such Proceeding (including any impleaded parties) include both such Indemnified Party and the
                                                                                                                                           Indemnifying Party, and such Indemnified Party shall have been advised by counsel that a conflict of interest is likely to
                                                                                                                                           exist if the same counsel were to represent such Indemnified Party and the Indemnifying Party (in which case, if such
                                                                                                                                           Indemnified Party notifies the Indemnifying Party in writing that it elects to employ separate counsel at the expense of the
                                                                                                                                           Indemnifying Party, the Indemnifying Party shall not have the right to assume the defense thereof and such counsel shall be
                                                                                                                                           at the expense of the Indemnifying Party). The Indemnifying Party shall not be liable for any settlement of any such
                                                                                                                                           Proceeding effected without its written consent, which consent shall not be unreasonably withheld. No Indemnifying Party
                                                                                                                                           shall, without the prior written consent of the Indemnified Party, effect any settlement of any pending Proceeding in respect
                                                                                                                                           of which any Indemnified Party is a party, unless such settlement includes an unconditional release of such Indemnified Party
                                                                                                                                           from all liability on claims that are the subject matter of such Proceeding.

 

			All fees and expenses of the
                                                                                                                                           Indemnified Party (including reasonable fees and expenses to the extent incurred in connection with investigating or
                                                                                                                                           preparing to defend such Proceeding in a manner not inconsistent with this Section) shall be paid to the Indemnified Party,
                                                                                                                                           as incurred, within 10 Business Days of written notice thereof to the Indemnifying Party (regardless of whether it is
                                                                                                                                           ultimately determined that an Indemnified Party is not entitled to indemnification hereunder; provided, that the Indemnifying
                                                                                                                                           Party may require such Indemnified Party to undertake to reimburse all such fees and expenses to the extent it is finally
                                                                                                                                           judicially determined that such Indemnified Party is not entitled to indemnification hereunder).

 

    	 

    	 

    

 

Exhibit
10.3

 

		(d)	Contribution.
                                                                                                                                                                                          If
                                                                                                                                                                                          a
                                                                                                                                                                                          claim
                                                                                                                                                                                          for
                                                                                                                                                                                          indemnification
                                                                                                                                                                                          under
                                                                                                                                                                                          Section
                                                                                                                                                                                          5(a)
                                                                                                                                                                                          or
                                                                                                                                                                                          5(b)
                                                                                                                                                                                          is
                                                                                                                                                                                          unavailable
                                                                                                                                                                                          to
                                                                                                                                                                                          an
                                                                                                                                                                                          Indemnified
                                                                                                                                                                                          Party
                                                                                                                                                                                          because
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          failure
                                                                                                                                                                                          or
                                                                                                                                                                                          refusal
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          governmental
                                                                                                                                                                                          authority
                                                                                                                                                                                          to
                                                                                                                                                                                          enforce
                                                                                                                                                                                          such
                                                                                                                                                                                          indemnification
                                                                                                                                                                                          in
                                                                                                                                                                                          accordance
                                                                                                                                                                                          with
                                                                                                                                                                                          its
                                                                                                                                                                                          terms
                                                                                                                                                                                          (by
                                                                                                                                                                                          reason
                                                                                                                                                                                          of
                                                                                                                                                                                          public
                                                                                                                                                                                          policy
                                                                                                                                                                                          or
                                                                                                                                                                                          otherwise),
                                                                                                                                                                                          then
                                                                                                                                                                                          each
                                                                                                                                                                                          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
                                                                                                                                                                                          Losses,
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          proportion
                                                                                                                                                                                          as
                                                                                                                                                                                          is
                                                                                                                                                                                          appropriate
                                                                                                                                                                                          to
                                                                                                                                                                                          reflect
                                                                                                                                                                                          the
                                                                                                                                                                                          relative
                                                                                                                                                                                          fault
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Indemnifying
                                                                                                                                                                                          Party
                                                                                                                                                                                          and
                                                                                                                                                                                          Indemnified
                                                                                                                                                                                          Party
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          actions,
                                                                                                                                                                                          statements
                                                                                                                                                                                          or
                                                                                                                                                                                          omissions
                                                                                                                                                                                          that
                                                                                                                                                                                          resulted
                                                                                                                                                                                          in
                                                                                                                                                                                          such
                                                                                                                                                                                          Losses
                                                                                                                                                                                          as
                                                                                                                                                                                          well
                                                                                                                                                                                          as
                                                                                                                                                                                          any
                                                                                                                                                                                          other
                                                                                                                                                                                          relevant
                                                                                                                                                                                          equitable
                                                                                                                                                                                          considerations.
                                                                                                                                                                                          The
                                                                                                                                                                                          relative
                                                                                                                                                                                          fault
                                                                                                                                                                                          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
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          material
                                                                                                                                                                                          fact,
                                                                                                                                                                                          has
                                                                                                                                                                                          been
                                                                                                                                                                                          taken
                                                                                                                                                                                          or
                                                                                                                                                                                          made
                                                                                                                                                                                          by,
                                                                                                                                                                                          or
                                                                                                                                                                                          relates
                                                                                                                                                                                          to
                                                                                                                                                                                          information
                                                                                                                                                                                          supplied
                                                                                                                                                                                          by,
                                                                                                                                                                                          such
                                                                                                                                                                                          Indemnifying
                                                                                                                                                                                          Party
                                                                                                                                                                                          or
                                                                                                                                                                                          Indemnified
                                                                                                                                                                                          Party,
                                                                                                                                                                                          and
                                                                                                                                                                                          the
                                                                                                                                                                                          parties’
                                                                                                                                                                                          relative
                                                                                                                                                                                          intent,
                                                                                                                                                                                          knowledge,
                                                                                                                                                                                          access
                                                                                                                                                                                          to
                                                                                                                                                                                          information
                                                                                                                                                                                          and
                                                                                                                                                                                          opportunity
                                                                                                                                                                                          to
                                                                                                                                                                                          correct
                                                                                                                                                                                          or
                                                                                                                                                                                          prevent
                                                                                                                                                                                          such
                                                                                                                                                                                          action,
                                                                                                                                                                                          statement
                                                                                                                                                                                          or
                                                                                                                                                                                          omission.
                                                                                                                                                                                          The
                                                                                                                                                                                          amount
                                                                                                                                                                                          paid
                                                                                                                                                                                          or
                                                                                                                                                                                          payable
                                                                                                                                                                                          by
                                                                                                                                                                                          a
                                                                                                                                                                                          party
                                                                                                                                                                                          as
                                                                                                                                                                                          a
                                                                                                                                                                                          result
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          Losses
                                                                                                                                                                                          shall
                                                                                                                                                                                          be
                                                                                                                                                                                          deemed
                                                                                                                                                                                          to
                                                                                                                                                                                          include,
                                                                                                                                                                                          subject
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          limitations
                                                                                                                                                                                          set
                                                                                                                                                                                          forth
                                                                                                                                                                                          in
                                                                                                                                                                                          Section
                                                                                                                                                                                          5(c),
                                                                                                                                                                                          any
                                                                                                                                                                                          reasonable
                                                                                                                                                                                          attorneys’
                                                                                                                                                                                          or
                                                                                                                                                                                          other
                                                                                                                                                                                          reasonable
                                                                                                                                                                                          fees
                                                                                                                                                                                          or
                                                                                                                                                                                          expenses
                                                                                                                                                                                          incurred
                                                                                                                                                                                          by
                                                                                                                                                                                          such
                                                                                                                                                                                          party
                                                                                                                                                                                          in
                                                                                                                                                                                          connection
                                                                                                                                                                                          with
                                                                                                                                                                                          any
                                                                                                                                                                                          Proceeding
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          extent
                                                                                                                                                                                          such
                                                                                                                                                                                          party
                                                                                                                                                                                          would
                                                                                                                                                                                          have
                                                                                                                                                                                          been
                                                                                                                                                                                          indemnified
                                                                                                                                                                                          for
                                                                                                                                                                                          such
                                                                                                                                                                                          fees
                                                                                                                                                                                          or
                                                                                                                                                                                          expenses
                                                                                                                                                                                          if
                                                                                                                                                                                          the
                                                                                                                                                                                          indemnification
                                                                                                                                                                                          provided
                                                                                                                                                                                          for
                                                                                                                                                                                          in
                                                                                                                                                                                          this
                                                                                                                                                                                          Section
                                                                                                                                                                                          was
                                                                                                                                                                                          available
                                                                                                                                                                                          to
                                                                                                                                                                                          such
                                                                                                                                                                                          party
                                                                                                                                                                                          in
                                                                                                                                                                                          accordance
                                                                                                                                                                                          with
                                                                                                                                                                                          its
                                                                                                                                                                                          terms.

 

			The parties
                                                                             hereto agree that it would not be just and equitable if contribution pursuant to this Section 5(d) were determined by pro
                                                                             rata allocation or by any other method of allocation that does not take into account the equitable considerations referred to
                                                                             in the immediately preceding paragraph. Notwithstanding the provisions of this Section 5(d), no Purchaser shall not be
                                                                             required to contribute, in the aggregate, any amount in excess of the amount by which the proceeds actually received by such
                                                                             Purchaser from the sale of the Registrable Securities subject to the Proceeding exceeds the amount of any damages that such
                                                                             Purchaser has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged
                                                                             omission. 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.

 

			The indemnity and
                                                                                                                                           contribution agreements contained in this Section are in addition to any liability that the Indemnifying Parties may have to
                                                                                                                                           the Indemnified Parties.

 

6.
Miscellaneous

 

		(a)	Remedies.
                                                                                                                                                                                          In
                                                                                                                                                                                          the
                                                                                                                                                                                          event
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          breach
                                                                                                                                                                                          by
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          or
                                                                                                                                                                                          by
                                                                                                                                                                                          a
                                                                                                                                                                                          Holder,
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          of
                                                                                                                                                                                          their
                                                                                                                                                                                          obligations
                                                                                                                                                                                          under
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement,
                                                                                                                                                                                          each
                                                                                                                                                                                          Holder
                                                                                                                                                                                          or
                                                                                                                                                                                          the
                                                                                                                                                                                          Company,
                                                                                                                                                                                          as
                                                                                                                                                                                          the
                                                                                                                                                                                          case
                                                                                                                                                                                          may
                                                                                                                                                                                          be,
                                                                                                                                                                                          in
                                                                                                                                                                                          addition
                                                                                                                                                                                          to
                                                                                                                                                                                          being
                                                                                                                                                                                          entitled
                                                                                                                                                                                          to
                                                                                                                                                                                          exercise
                                                                                                                                                                                          all
                                                                                                                                                                                          rights
                                                                                                                                                                                          granted
                                                                                                                                                                                          by
                                                                                                                                                                                          law
                                                                                                                                                                                          and
                                                                                                                                                                                          under
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement,
                                                                                                                                                                                          including
                                                                                                                                                                                          recovery
                                                                                                                                                                                          of
                                                                                                                                                                                          damages,
                                                                                                                                                                                          will
                                                                                                                                                                                          be
                                                                                                                                                                                          entitled
                                                                                                                                                                                          to
                                                                                                                                                                                          specific
                                                                                                                                                                                          performance
                                                                                                                                                                                          of
                                                                                                                                                                                          its
                                                                                                                                                                                          rights
                                                                                                                                                                                          under
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement.
                                                                                                                                                                                          The
                                                                                                                                                                                          Company
                                                                                                                                                                                          and
                                                                                                                                                                                          each
                                                                                                                                                                                          Holder
                                                                                                                                                                                          agree
                                                                                                                                                                                          that
                                                                                                                                                                                          monetary
                                                                                                                                                                                          damages
                                                                                                                                                                                          would
                                                                                                                                                                                          not
                                                                                                                                                                                          provide
                                                                                                                                                                                          adequate
                                                                                                                                                                                          compensation
                                                                                                                                                                                          for
                                                                                                                                                                                          any
                                                                                                                                                                                          losses
                                                                                                                                                                                          incurred
                                                                                                                                                                                          by
                                                                                                                                                                                          reason
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          breach
                                                                                                                                                                                          by
                                                                                                                                                                                          it
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          provisions
                                                                                                                                                                                          of
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement
                                                                                                                                                                                          and
                                                                                                                                                                                          hereby
                                                                                                                                                                                          further
                                                                                                                                                                                          agrees
                                                                                                                                                                                          that,
                                                                                                                                                                                          in
                                                                                                                                                                                          the
                                                                                                                                                                                          event
                                                                                                                                                                                          of
                                                                                                                                                                                          any
                                                                                                                                                                                          action
                                                                                                                                                                                          for
                                                                                                                                                                                          specific
                                                                                                                                                                                          performance
                                                                                                                                                                                          in
                                                                                                                                                                                          respect
                                                                                                                                                                                          of
                                                                                                                                                                                          such
                                                                                                                                                                                          breach,
                                                                                                                                                                                          it
                                                                                                                                                                                          shall
                                                                                                                                                                                          waive
                                                                                                                                                                                          the
                                                                                                                                                                                          defense
                                                                                                                                                                                          that
                                                                                                                                                                                          a
                                                                                                                                                                                          remedy
                                                                                                                                                                                          at
                                                                                                                                                                                          law
                                                                                                                                                                                          would
                                                                                                                                                                                          be
                                                                                                                                                                                          adequate.

 

		(b)	No
                                                                                                                                                                                          Inconsistent
                                                                                                                                                                                          Agreements.
                                                                                                                                                                                          Except
                                                                                                                                                                                          as
                                                                                                                                                                                          otherwise
                                                                                                                                                                                          provided
                                                                                                                                                                                          herein,
                                                                                                                                                                                          neither
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          nor
                                                                                                                                                                                          any
                                                                                                                                                                                          of
                                                                                                                                                                                          its
                                                                                                                                                                                          subsidiaries
                                                                                                                                                                                          has,
                                                                                                                                                                                          as
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          hereof,
                                                                                                                                                                                          nor
                                                                                                                                                                                          shall
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          or
                                                                                                                                                                                          any
                                                                                                                                                                                          of
                                                                                                                                                                                          its
                                                                                                                                                                                          subsidiaries,
                                                                                                                                                                                          on
                                                                                                                                                                                          or
                                                                                                                                                                                          after
                                                                                                                                                                                          the
                                                                                                                                                                                          date
                                                                                                                                                                                          of
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement,
                                                                                                                                                                                          enter
                                                                                                                                                                                          into
                                                                                                                                                                                          any
                                                                                                                                                                                          agreement
                                                                                                                                                                                          with
                                                                                                                                                                                          respect
                                                                                                                                                                                          to
                                                                                                                                                                                          its
                                                                                                                                                                                          securities
                                                                                                                                                                                          that
                                                                                                                                                                                          is
                                                                                                                                                                                          inconsistent
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          rights
                                                                                                                                                                                          granted
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          in
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement
                                                                                                                                                                                          or
                                                                                                                                                                                          otherwise
                                                                                                                                                                                          conflicts
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          provisions
                                                                                                                                                                                          hereof.
                                                                                                                                                                                          Except
                                                                                                                                                                                          with
                                                                                                                                                                                          respect
                                                                                                                                                                                          to
                                                                                                                                                                                          approximately
                                                                                                                                                                                          4,000,000
                                                                                                                                                                                          shares
                                                                                                                                                                                          of
                                                                                                                                                                                          Common
                                                                                                                                                                                          Stock
                                                                                                                                                                                          outstanding
                                                                                                                                                                                          or
                                                                                                                                                                                          reserved
                                                                                                                                                                                          for
                                                                                                                                                                                          issuance
                                                                                                                                                                                          as
                                                                                                                                                                                          of
                                                                                                                                                                                          May
                                                                                                                                                                                          10,
                                                                                                                                                                                          2012,
                                                                                                                                                                                          neither
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          nor
                                                                                                                                                                                          any
                                                                                                                                                                                          of
                                                                                                                                                                                          its
                                                                                                                                                                                          subsidiaries
                                                                                                                                                                                          has
                                                                                                                                                                                          previously
                                                                                                                                                                                          entered
                                                                                                                                                                                          into
                                                                                                                                                                                          any
                                                                                                                                                                                          agreement
                                                                                                                                                                                          granting
                                                                                                                                                                                          any
                                                                                                                                                                                          registration
                                                                                                                                                                                          rights
                                                                                                                                                                                          with
                                                                                                                                                                                          respect
                                                                                                                                                                                          to
                                                                                                                                                                                          any
                                                                                                                                                                                          of
                                                                                                                                                                                          its
                                                                                                                                                                                          securities
                                                                                                                                                                                          to
                                                                                                                                                                                          any
                                                                                                                                                                                          Person.
                                                                                                                                                                                          Without
                                                                                                                                                                                          limiting
                                                                                                                                                                                          the
                                                                                                                                                                                          generality
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          foregoing,
                                                                                                                                                                                          without
                                                                                                                                                                                          the
                                                                                                                                                                                          written
                                                                                                                                                                                          consent
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          of
                                                                                                                                                                                          a
                                                                                                                                                                                          majority
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          then
                                                                                                                                                                                          outstanding
                                                                                                                                                                                          Registrable
                                                                                                                                                                                          Securities,
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          shall
                                                                                                                                                                                          not
                                                                                                                                                                                          grant
                                                                                                                                                                                          to
                                                                                                                                                                                          any
                                                                                                                                                                                          Person
                                                                                                                                                                                          the
                                                                                                                                                                                          right
                                                                                                                                                                                          to
                                                                                                                                                                                          request
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          to
                                                                                                                                                                                          register
                                                                                                                                                                                          any
                                                                                                                                                                                          securities
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Company
                                                                                                                                                                                          under
                                                                                                                                                                                          the
                                                                                                                                                                                          Securities
                                                                                                                                                                                          Act
                                                                                                                                                                                          unless
                                                                                                                                                                                          the
                                                                                                                                                                                          rights
                                                                                                                                                                                          so
                                                                                                                                                                                          granted
                                                                                                                                                                                          are
                                                                                                                                                                                          subject
                                                                                                                                                                                          in
                                                                                                                                                                                          all
                                                                                                                                                                                          respects
                                                                                                                                                                                          to
                                                                                                                                                                                          the
                                                                                                                                                                                          prior
                                                                                                                                                                                          rights
                                                                                                                                                                                          in
                                                                                                                                                                                          full
                                                                                                                                                                                          of
                                                                                                                                                                                          the
                                                                                                                                                                                          Holder
                                                                                                                                                                                          set
                                                                                                                                                                                          forth
                                                                                                                                                                                          herein,
                                                                                                                                                                                          and
                                                                                                                                                                                          are
                                                                                                                                                                                          not
                                                                                                                                                                                          otherwise
                                                                                                                                                                                          in
                                                                                                                                                                                          conflict
                                                                                                                                                                                          or
                                                                                                                                                                                          inconsistent
                                                                                                                                                                                          with
                                                                                                                                                                                          the
                                                                                                                                                                                          provisions
                                                                                                                                                                                          of
                                                                                                                                                                                          this
                                                                                                                                                                                          Agreement.

 

    	 

    	 

    

 

Exhibit
10.3

 

		(c)	Intentionally
                                                                                                                                                                                          omitted..

 

		(d)	Amendments
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  Waivers.
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  provisions
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                  including
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  provisions
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  sentence,
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  amended,
                                                                                                                                                                                                                  modified
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  supplemented,
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  waivers
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  consents
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  departures
                                                                                                                                                                                                                  from
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  provisions
                                                                                                                                                                                                                  hereof
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  given,
                                                                                                                                                                                                                  unless
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  same
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  writing
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  signed
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Holder
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  at
                                                                                                                                                                                                                  least
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  majority
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  then
                                                                                                                                                                                                                  outstanding
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities;
                                                                                                                                                                                                                  provided,
                                                                                                                                                                                                                  however,
                                                                                                                                                                                                                  that,
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  purposes
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  sentence,
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  are
                                                                                                                                                                                                                  owned,
                                                                                                                                                                                                                  directly
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  indirectly,
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company,
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  an
                                                                                                                                                                                                                  Affiliate
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  are
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  deemed
                                                                                                                                                                                                                  outstanding.
                                                                                                                                                                                                                  Notwithstanding
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  foregoing,
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  waiver
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  consent
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  depart
                                                                                                                                                                                                                  from
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  provisions
                                                                                                                                                                                                                  hereof
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  matter
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  relates
                                                                                                                                                                                                                  exclusively
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  Holder
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  does
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  directly
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  indirectly
                                                                                                                                                                                                                  affect
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  other
                                                                                                                                                                                                                  Holder
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  given
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  Holder
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  at
                                                                                                                                                                                                                  least
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  majority
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  which
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  waiver
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  consent
                                                                                                                                                                                                                  relates;
                                                                                                                                                                                                                  provided,
                                                                                                                                                                                                                  however,
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  provisions
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  sentence
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  amended,
                                                                                                                                                                                                                  modified,
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  supplemented
                                                                                                                                                                                                                  except
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  provisions
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  immediately
                                                                                                                                                                                                                  preceding
                                                                                                                                                                                                                  sentence.

 

		(e)	Notices.
                                                                                                                                                                                                                  Any
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  all
                                                                                                                                                                                                                  notices
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  other
                                                                                                                                                                                                                  communications
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  deliveries
                                                                                                                                                                                                                  required
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  permitted
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                  hereunder
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  writing
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  deemed
                                                                                                                                                                                                                  given
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  effective
                                                                                                                                                                                                                  on
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  earliest
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  (i)
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  date
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  transmission,
                                                                                                                                                                                                                  if
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  communication
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                  via
                                                                                                                                                                                                                  facsimile
                                                                                                                                                                                                                  at
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  facsimile
                                                                                                                                                                                                                  telephone
                                                                                                                                                                                                                  number
                                                                                                                                                                                                                  specified
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Section
                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  7:00
                                                                                                                                                                                                                  p.m.
                                                                                                                                                                                                                  (Pacific
                                                                                                                                                                                                                  Coast
                                                                                                                                                                                                                  time)
                                                                                                                                                                                                                  on
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  Business
                                                                                                                                                                                                                  Day,
                                                                                                                                                                                                                  (ii)
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Business
                                                                                                                                                                                                                  Day
                                                                                                                                                                                                                  after
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  date
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  transmission,
                                                                                                                                                                                                                  if
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  communication
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                  via
                                                                                                                                                                                                                  facsimile
                                                                                                                                                                                                                  at
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  facsimile
                                                                                                                                                                                                                  telephone
                                                                                                                                                                                                                  number
                                                                                                                                                                                                                  specified
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Offering
                                                                                                                                                                                                                  Memorandum
                                                                                                                                                                                                                  later
                                                                                                                                                                                                                  than
                                                                                                                                                                                                                  7:00
                                                                                                                                                                                                                  p.m.
                                                                                                                                                                                                                  (Pacific
                                                                                                                                                                                                                  Coast
                                                                                                                                                                                                                  time)
                                                                                                                                                                                                                  on
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  date
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  earlier
                                                                                                                                                                                                                  than
                                                                                                                                                                                                                  11:59
                                                                                                                                                                                                                  p.m.
                                                                                                                                                                                                                  (Pacific
                                                                                                                                                                                                                  Coast
                                                                                                                                                                                                                  time)
                                                                                                                                                                                                                  on
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  date,
                                                                                                                                                                                                                  (iii)
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Business
                                                                                                                                                                                                                  Day
                                                                                                                                                                                                                  following
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  date
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  mailing,
                                                                                                                                                                                                                  if
                                                                                                                                                                                                                  sent
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  nationally
                                                                                                                                                                                                                  recognized
                                                                                                                                                                                                                  overnight
                                                                                                                                                                                                                  courier
                                                                                                                                                                                                                  service,
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  (iv)
                                                                                                                                                                                                                  upon
                                                                                                                                                                                                                  actual
                                                                                                                                                                                                                  receipt
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  party
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  whom
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  required
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  given.
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  address
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  notices
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  communications
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  as
                                                                                                                                                                                                                  follows:

 

	 	If
    to the Company:	Voice
    Assist, Inc.	 
	 	 	2
    South Pointe, Suite 100	 
	 	 	Lake
    Forest, CA 92610	 
	 	 	Phone
    No.: (949) 655-1611	 
	 	 	Attn:
    Investor Relations	 
	 	 	 	 
	 	With
    copies to:	Matthew
    Browndorf, Esq.	 
	 	 	BP
    Law Group, LLP	 
	 	 	40
    Wall St., 28th floor	 
	 	 	New
    York, NY  10005	 
	 	 	Facsimile
    No.: (646) 512-5881	 
	 	 	 	 
	 	If
    to Holder:	____________________________	 
	 	 	____________________________	 
	 	 	____________________________	 
	 	 	____________________________	 
	 	 	Facsimile
    No.: (___)___________	 

 

    	 

    	 

    

 

Exhibit
10.3

 

			If to any other Person who is then the
                                                                                                                                           registered Holder: To the address of such Holder as it appears in the stock transfer books of the Company or such
                                                                                                                                           other address as may be designated in writing hereafter, in the same manner, by such Person.

 

		(f)	Successors
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  Assigns.
                                                                                                                                                                                                                  This
                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  inure
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  benefit
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  binding
                                                                                                                                                                                                                  upon
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  successors
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  permitted
                                                                                                                                                                                                                  assigns
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  each
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  parties
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  inure
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  benefit
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  each
                                                                                                                                                                                                                  Holder.
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  assign
                                                                                                                                                                                                                  its
                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  obligations
                                                                                                                                                                                                                  hereunder
                                                                                                                                                                                                                  without
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                  written
                                                                                                                                                                                                                  consent
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  each
                                                                                                                                                                                                                  Holder.
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  Purchasers
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  assign
                                                                                                                                                                                                                  their
                                                                                                                                                                                                                  respective
                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                  hereunder
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  manner
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Persons
                                                                                                                                                                                                                  as
                                                                                                                                                                                                                  permitted
                                                                                                                                                                                                                  under
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Offering
                                                                                                                                                                                                                  Memorandum.

 

		(g)	Assignment
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  Registration
                                                                                                                                                                                                                  Rights.
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  Purchaser
                                                                                                                                                                                                                  hereunder,
                                                                                                                                                                                                                  including
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  right
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  have
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  register
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  resale
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  terms
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  automatically
                                                                                                                                                                                                                  assignable
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  Purchaser
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  assignee
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  transferee
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  all
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  portion
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Common
                                                                                                                                                                                                                  Stock
                                                                                                                                                                                                                  referenced
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  definition
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                  without
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  consent
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  if:
                                                                                                                                                                                                                  (i)
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  Purchaser
                                                                                                                                                                                                                  agrees
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  writing
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  transferee
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  assignee
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  assign
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  rights,
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  copy
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  agreement
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  furnished
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  within
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  reasonable
                                                                                                                                                                                                                  time
                                                                                                                                                                                                                  after
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  assignment,
                                                                                                                                                                                                                  (ii)
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  is,
                                                                                                                                                                                                                  within
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  reasonable
                                                                                                                                                                                                                  time
                                                                                                                                                                                                                  after
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  transfer
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  assignment,
                                                                                                                                                                                                                  furnished
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  written
                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  (a)
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  name
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  address
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  transferee
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  assignee,
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  (b)
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  registration
                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                  are
                                                                                                                                                                                                                  being
                                                                                                                                                                                                                  transferred
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  assigned,
                                                                                                                                                                                                                  (iii)
                                                                                                                                                                                                                  at
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  before
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  time
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  receives
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  written
                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  clause
                                                                                                                                                                                                                  (ii)
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Section,
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  transferee
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  assignee
                                                                                                                                                                                                                  agrees
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  writing
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  bound
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  all
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  provisions
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  (iv)
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  transfer
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  have
                                                                                                                                                                                                                  been
                                                                                                                                                                                                                  made
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                  requirements
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Offering
                                                                                                                                                                                                                  Memorandum.
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  assignment
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  apply
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Purchasers’
                                                                                                                                                                                                                  (and
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  subsequent)
                                                                                                                                                                                                                  successors
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  assigns.

 

		(h)	Counterparts.
                                                                                                                                                                                                                  This
                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  number
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  counterparts,
                                                                                                                                                                                                                  each
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  which
                                                                                                                                                                                                                  when
                                                                                                                                                                                                                  so
                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  deemed
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  an
                                                                                                                                                                                                                  original
                                                                                                                                                                                                                  and,
                                                                                                                                                                                                                  all
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  which
                                                                                                                                                                                                                  taken
                                                                                                                                                                                                                  together
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  constitute
                                                                                                                                                                                                                  one
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  same
                                                                                                                                                                                                                  Agreement.
                                                                                                                                                                                                                  In
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  event
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  signature
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  facsimile
                                                                                                                                                                                                                  transmission
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  email
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  PDF,
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  signature
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  create
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  valid
                                                                                                                                                                                                                  binding
                                                                                                                                                                                                                  obligation
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  party
                                                                                                                                                                                                                  executing
                                                                                                                                                                                                                  (or
                                                                                                                                                                                                                  on
                                                                                                                                                                                                                  whose
                                                                                                                                                                                                                  behalf
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  signature
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  executed)
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  same
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  same
                                                                                                                                                                                                                  force
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                  as
                                                                                                                                                                                                                  if
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  facsimile
                                                                                                                                                                                                                  signature
                                                                                                                                                                                                                  were
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  original
                                                                                                                                                                                                                  thereof.

 

		(i)	Governing
                                                                                                                                                                                                                  Law;
                                                                                                                                                                                                                  Submission
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  Jurisdiction.
                                                                                                                                                                                                                  This
                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  governed
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  construed
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                  with
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  State
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  New
                                                                                                                                                                                                                  York
                                                                                                                                                                                                                  without
                                                                                                                                                                                                                  regard
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  principles
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  conflicts
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  law.
                                                                                                                                                                                                                  Each
                                                                                                                                                                                                                  party
                                                                                                                                                                                                                  hereby
                                                                                                                                                                                                                  irrevocably
                                                                                                                                                                                                                  submits
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  non-exclusive
                                                                                                                                                                                                                  jurisdiction
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  New
                                                                                                                                                                                                                  York
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  Proceeding
                                                                                                                                                                                                                  arising
                                                                                                                                                                                                                  out
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  relating
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  irrevocably
                                                                                                                                                                                                                  accepts
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  itself
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  its
                                                                                                                                                                                                                  property,
                                                                                                                                                                                                                  generally
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  unconditionally,
                                                                                                                                                                                                                  jurisdiction
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  federal
                                                                                                                                                                                                                  courts
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  U.S.
                                                                                                                                                                                                                  located
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  City
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  Los
                                                                                                                                                                                                                  Angeles,
                                                                                                                                                                                                                  California
                                                                                                                                                                                                                  (the
                                                                                                                                                                                                                  “California
                                                                                                                                                                                                                  Courts”).
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  irrevocably
                                                                                                                                                                                                                  waives
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  fullest
                                                                                                                                                                                                                  extent
                                                                                                                                                                                                                  it
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  effectively
                                                                                                                                                                                                                  do
                                                                                                                                                                                                                  so
                                                                                                                                                                                                                  under
                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                  law
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  objection
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  it
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  now
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  hereafter
                                                                                                                                                                                                                  have
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  laying
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  venue
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  proceeding
                                                                                                                                                                                                                  brought
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  California
                                                                                                                                                                                                                  Court
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  claim
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  Proceeding
                                                                                                                                                                                                                  brought
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  California
                                                                                                                                                                                                                  Court
                                                                                                                                                                                                                  has
                                                                                                                                                                                                                  been
                                                                                                                                                                                                                  brought
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  an
                                                                                                                                                                                                                  inconvenient
                                                                                                                                                                                                                  forum.
                                                                                                                                                                                                                  Nothing
                                                                                                                                                                                                                  herein
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  affect
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  right
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  Holder.
                                                                                                                                                                                                                  Each
                                                                                                                                                                                                                  party
                                                                                                                                                                                                                  hereby
                                                                                                                                                                                                                  irrevocably
                                                                                                                                                                                                                  waives
                                                                                                                                                                                                                  personal
                                                                                                                                                                                                                  service
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  process
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  consents
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  process
                                                                                                                                                                                                                  being
                                                                                                                                                                                                                  served
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  suit,
                                                                                                                                                                                                                  action
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  proceeding
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  receiving
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  copy
                                                                                                                                                                                                                  thereof
                                                                                                                                                                                                                  sent
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  party
                                                                                                                                                                                                                  at
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  address
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  notices
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  it
                                                                                                                                                                                                                  under
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  agrees
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  service
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  constitute
                                                                                                                                                                                                                  good
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  sufficient
                                                                                                                                                                                                                  service
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  process
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                  thereof.
                                                                                                                                                                                                                  Nothing
                                                                                                                                                                                                                  contained
                                                                                                                                                                                                                  herein
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  deemed
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  limit
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  way
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  right
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  serve
                                                                                                                                                                                                                  process
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  manner
                                                                                                                                                                                                                  permitted
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  law.

 

    	 

    	 

    

 

Exhibit
10.3

 

		(j)	Cumulative
                                                                                                                                                                                                                  Remedies.
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  remedies
                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                  herein
                                                                                                                                                                                                                  are
                                                                                                                                                                                                                  cumulative
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  exclusive
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  remedies
                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  law.

 

		(k)	Severability.
                                                                                                                                                                                                                  If
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  term,
                                                                                                                                                                                                                  provision,
                                                                                                                                                                                                                  covenant
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  restriction
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  held
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  court
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  competent
                                                                                                                                                                                                                  jurisdiction
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  invalid,
                                                                                                                                                                                                                  illegal,
                                                                                                                                                                                                                  void
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  unenforceable,
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  remainder
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  terms,
                                                                                                                                                                                                                  provisions,
                                                                                                                                                                                                                  covenants
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  restrictions
                                                                                                                                                                                                                  set
                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                  herein
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  remain
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  full
                                                                                                                                                                                                                  force
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  no
                                                                                                                                                                                                                  way
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  affected,
                                                                                                                                                                                                                  impaired
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  invalidated,
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  parties
                                                                                                                                                                                                                  hereto
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  use
                                                                                                                                                                                                                  their
                                                                                                                                                                                                                  reasonable
                                                                                                                                                                                                                  efforts
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  find
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  employ
                                                                                                                                                                                                                  an
                                                                                                                                                                                                                  alternative
                                                                                                                                                                                                                  means
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  achieve
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  same
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  substantially
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  same
                                                                                                                                                                                                                  result
                                                                                                                                                                                                                  as
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  term,
                                                                                                                                                                                                                  provision,
                                                                                                                                                                                                                  covenant
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  restriction.
                                                                                                                                                                                                                  It
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  hereby
                                                                                                                                                                                                                  stipulated
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  declared
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  intention
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  parties
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  they
                                                                                                                                                                                                                  would
                                                                                                                                                                                                                  have
                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  remaining
                                                                                                                                                                                                                  terms,
                                                                                                                                                                                                                  provisions,
                                                                                                                                                                                                                  covenants
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  restrictions
                                                                                                                                                                                                                  without
                                                                                                                                                                                                                  including
                                                                                                                                                                                                                  any
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  that
                                                                                                                                                                                                                  may
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  hereafter
                                                                                                                                                                                                                  declared
                                                                                                                                                                                                                  invalid,
                                                                                                                                                                                                                  illegal,
                                                                                                                                                                                                                  void
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  unenforceable.

 

		(l)	Headings.
                                                                                                                                                                                                                  The
                                                                                                                                                                                                                  headings
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  this
                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                  are
                                                                                                                                                                                                                  for
                                                                                                                                                                                                                  convenience
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  reference
                                                                                                                                                                                                                  only
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  limit
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  otherwise
                                                                                                                                                                                                                  affect
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  meaning
                                                                                                                                                                                                                  hereof.

 

		(m)	Shares
                                                                                                                                                                                                                  Held
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  and
                                                                                                                                                                                                                  its
                                                                                                                                                                                                                  Affiliates.
                                                                                                                                                                                                                  Whenever
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  consent
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  approval
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  Holder
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  a
                                                                                                                                                                                                                  specified
                                                                                                                                                                                                                  percentage
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                  is
                                                                                                                                                                                                                  required
                                                                                                                                                                                                                  hereunder,
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                  held
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Company
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  its
                                                                                                                                                                                                                  Affiliates
                                                                                                                                                                                                                  (other
                                                                                                                                                                                                                  than
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Purchasers
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  transferees
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  successors
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  assigns
                                                                                                                                                                                                                  thereof
                                                                                                                                                                                                                  if
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  Persons
                                                                                                                                                                                                                  are
                                                                                                                                                                                                                  deemed
                                                                                                                                                                                                                  to
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  Affiliates
                                                                                                                                                                                                                  solely
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  reason
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  their
                                                                                                                                                                                                                  holdings
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  Registrable
                                                                                                                                                                                                                  Securities)
                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                  not
                                                                                                                                                                                                                  be
                                                                                                                                                                                                                  counted
                                                                                                                                                                                                                  in
                                                                                                                                                                                                                  determining
                                                                                                                                                                                                                  whether
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  consent
                                                                                                                                                                                                                  or
                                                                                                                                                                                                                  approval
                                                                                                                                                                                                                  was
                                                                                                                                                                                                                  given
                                                                                                                                                                                                                  by
                                                                                                                                                                                                                  the
                                                                                                                                                                                                                  Holder
                                                                                                                                                                                                                  of
                                                                                                                                                                                                                  such
                                                                                                                                                                                                                  required
                                                                                                                                                                                                                  percentage.

 

IN
WITNESS WHEREOF, the parties have executed this Registration Rights Agreement as of the date first written above.

 

	VOICE
    ASSIST, INC.	 	HOLDER
	 	 	 
		 	
	By	 	By
	 	 	 
	 	 	 
	Michael
    Metcalf	 	
	Print
    Name	 	Print
    Name
	 	 	 
	 	 	 
	CEO	 	
	Title	 	TitleEx 10.1 Resignation Agreement

Exhibit 10.1
[FARMER BROS. CO. LETTERHEAD]
 
July 20, 2012
Mr. Larry B. Garrett 
600 So. Spring Street #1910 
Los Angeles, CA  90014

Re:     Resignation Agreement

Dear Larry:
This letter is to confirm the terms of the agreement (“Agreement”), we have reached concerning the resignation of your employment with Farmer Bros. Co. (the “Company”).
1.Resignation
You have expressed a desire to resign in order to pursue other interests, and in consideration of the Company’s desire to manage its cost structure.  The Company has accepted your resignation effective at 5:00 p.m. Pacific Daylight Time on Friday, June 15, 2012 (“Resignation Date”).  It is agreed that effective as of the Resignation Date, you have resigned from all offices held with the Company and as an employee of the Company and from any other position, office or directorship of any Company subsidiary of any tier, and from all administrative, fiduciary or other positions you may hold with respect to or relating to the Company or its benefit plans.  The Change in Control Severance Agreement, dated as of December 1, 2010, between you and the Company, shall terminate as of the Resignation Date.
2.    Payments
You will be entitled to receive the following amounts pursuant to this Agreement provided you are not in breach of this Agreement (see Section 16):
(a)    Thirteen (13) consecutive bi-weekly payments of $10,384.62, subject to applicable withholdings, on the Company’s regular paydays commencing with the first payday after the date hereof. Each such payment shall be considered a separate payment for purposes of Internal Revenue Code Section 409A.
(b)    If you elect COBRA continuation of Company-provided health coverage within the election period set forth in the Company’s COBRA notice by completing election forms that will be provided to you, then your payment for such COBRA coverage for each of the first twelve (12) months of coverage shall be the same amount that you would have been required to pay had your employment with the Company continued for that twelve (12) month period.
(c)    An amount equal to 100% of your Target Award under the Company’s 2005 Incentive Compensation Plan for the Company’s fiscal year ended June 30, 2012, which amount is $135,000 less applicable withholdings and which will be paid on August 1, 2012.
(d)    A liquidated sum of five thousand dollars ($5,000) to compensate you for your incidental costs related to the negotiation of this Agreement, including expenses for independent counsel which will be paid on August 1, 2012.
(e)    If you sell the condominium in San Francisco which you currently own within five (5) years after the Resignation Date, the Company will reimburse you for the (i) applicable documentary transfer taxes, and (ii) the real estate broker’s commission, which is not to exceed six percent (6%) of the sales price, which you incur in connection with the sale within thirty (30) days after you submit to the Company reasonably satisfactory proof (which may consist of the seller’s closing statement issued by escrow) that you incurred such expenses and the amount thereof.
(f)    You will be entitled to reimbursement of business expenses incurred through the Resignation Date in accordance with Company policy.

Mr. Larry B. Garrett
July 20, 2012
Page 2 

All rights to benefits and compensation under the Employment Agreement between you and the Company dated December 1, 2010 (“Employment Agreement”) shall terminate automatically upon the Resignation Date except to the extent otherwise provided in Company benefit plans or by law.  Except as provided in this Section 2 or by applicable Company benefit plans or laws, you shall not be entitled to any payments of any kind in connection with the resignation of your employment.
3.    Equity Awards
During your employment with the Company, you have been granted certain stock options and restricted stock awards. Vesting and exercise of all such awards shall be determined according to the applicable plan documents.
4.    Certain Transition Assistance 
You agree to confer reasonably with the Company at its request concerning any matters pertaining to your duties for the Company.
5.    Release of Claims
You understand that you are not entitled to the payments described in Section 2 unless you provide this release.
In consideration for the payments described in Section 2, you hereby release the Company and its subsidiaries of any tier, and their respective current and former officers, directors, agents, attorneys, employees, shareholders, and affiliates from any and all claims, liabilities, demands, causes of action, attorneys’ fees, damages, or obligations of every kind and nature, whether they are known or unknown, arising at any time prior to the date you sign this Agreement.  This general release includes, but is not limited to: all federal and state statutory and common law claims, claims related to your employment or the termination of your employment or related to breach of contract, tort, wrongful termination, discrimination, wages or benefits, or claims for any form of compensation.  This release is not intended to release any claims you have or may have against any of the released parties for (a) indemnification as a director, officer, agent or employee under applicable law, charter document or agreement, (b) health or other insurance benefits based on claims already submitted or which are covered claims properly submitted in the future, (c) vested rights under pension, retirement or other benefit plans, or (d) in respect of events, acts or omissions occurring after the date of your execution of this Agreement.  In releasing claims unknown to you, at the present, you are waiving all rights and benefits under Section 1542 of the California Civil Code, and any law or legal principle of similar effect in any jurisdiction:  “A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.”  Nothing herein releases any of the Company’s executory obligations under this Agreement.
6.    Form 8-K
The Company will file a form 8-K/A with the Securities and Exchange Commission which will state as follows:
“Effective June 15, 2012, Larry B. Garrett, the Company’s General Counsel and Assistant Secretary, resigned from all offices and other capacities held with the Company and its subsidiaries to pursue other interests, and in consideration of the Company’s desire to manage its cost structure.  Mr. Garrett has agreed to provide transition support to the Company as requested.  In connection with his resignation, Mr. Garrett will be paid certain severance payments in the aggregate amount of $270,000 and will receive certain other assorted separation benefits.  The Resignation Agreement dated July 20, 2012 between Mr. Garrett and the Company, setting forth the terms of the severance is attached hereto as Exhibit 10.1 and incorporated herein by reference.”
7.    Execution of Other Documents
You and the Company agree to perform any and all acts, and to execute any and all additional documents, that are reasonable or necessary in furtherance of this Agreement.
8.    Bound Parties
This Agreement shall be binding upon and shall inure to the benefit of you and the Company and your/its respective heirs, executors, administrators and representatives, attorneys, successors, and assigns.
9.    Legal Representation
This Agreement is a legally binding document and your signature will commit you to its terms.  You acknowledge that you have been advised to discuss all aspects of this Agreement with an attorney, that you have carefully read and fully understand all of the provisions of this Agreement, and that you are voluntarily entering into this Agreement.
10.    Absence of Reliance
In signing this Agreement, you are not relying upon any promises or representations made by anyone at or on behalf 

Mr. Larry B. Garrett
July 20, 2012
Page 3 

of the Company, other than as set forth herein.
11.    Enforceability
If any portion or provision of this Agreement (including, without limitation, any portion or provision of any section of this Agreement) shall to any extent be declared illegal or unenforceable by a court of competent jurisdiction, then the remainder of this Agreement, or the application of such portion or provision in circumstances other than those as to which it is so declared illegal or unenforceable, shall not be affected thereby, and each portion and provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law.
12.    Waiver
No waiver of any provision of this Agreement shall be effective unless made in writing and signed by the waiving party.  The failure of any party to require the performance of any term or obligation of this Agreement, or the waiver by any party of any breach of this Agreement shall not prevent any subsequent enforcement of such term or obligation or be deemed a waiver of any subsequent breach.
13.    Confidential Information; Intellectual Property
You acknowledge and agree that you continue to be bound by Section 10 of the Employment Agreement, the provisions of which are hereby incorporated by reference. 
14.    Governing Law; Interpretation
This Agreement shall be interpreted and enforced under the laws of the State of California, without regard to conflict of law principles.  In the event of any dispute, this Agreement is intended by the parties to be construed as a whole, to be interpreted in accordance with its fair meaning, and not to be construed strictly for or against either you or the Company or the drafter of all or any portion of this Agreement.
15.    Entire Agreement
This Agreement, including the terms of the Employment Agreement specifically incorporated herein by reference, constitutes the entire agreement between you and the Company with respect to the subject matter hereof. This Agreement supersedes any previous agreements or understandings between you and the Company respecting such subject matter.  Any oral representations or modifications concerning this Agreement shall be of no force or effect.  This Agreement can be modified only by a writing signed by all parties hereto. 
16.    Breach
A party will not be deemed to be in breach of this Agreement unless such party’s failure to comply with the obligations imposed on such party by this Agreement has continued uncured for a period of five (5) days, or such longer period not to exceed thirty (30) days as is reasonably necessary to effect a cure, after receipt of written notice describing the alleged breach with reasonable specificity. 
17.    Disputes
Any dispute concerning this Agreement shall be resolved by arbitration or reference pursuant to Section 12F of the Employment Agreement, the provisions of which are hereby incorporated by reference.  
18.    Notices
Notices under this Agreement shall be in writing and delivered by a commercial delivery service addressed as follows:
If to you:
Larry B. Garrett 
600 So. Spring Street #1910 
Los Angeles, CA  90014

If to Company:
Farmer Bros. Co. 
20333 South Normandie Avenue 
Torrance, CA  90502Attention:  Pat Quiggle

Mr. Larry B. Garrett
July 20, 2012
Page 4 

Notices shall be deemed received upon delivery.  Addresses may be changed by written notice.
19.    Counterparts
This Agreement can be signed in counterparts each of which shall be deemed an original and which together will constitute one and the same instrument.  Electronic delivery of a signed counterpart shall be deemed delivery of an original.
If the foregoing is agreeable to you, please sign, date, and return this letter agreement on or before July 20, 2012.
Should you have any questions concerning the forgoing, please feel free to contact me.
Very truly yours,
FARMER BROS. CO.
By:    /s/ JEFFREY A. WAHBA 
           Name:    Jeffrey A. Wahba
Title:      Treasurer, Chief Financial Officer
Accepted:
/s/ LARRY B. GARRETT 
Larry B. Garrett

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