Document:

Exhibit 10.3

 

AMENDED AND RESTATED 

GUARANTY AND SECURITY AGREEMENT

 

This AMENDED AND RESTATED
GUARANTY AND SECURITY AGREEMENT (this “Security Agreement”) is made as of September 30, 2022, by and among CorpHousing
Group Inc., a Delaware corporation (the “Company”), the subsidiaries of the Company named on the signature pages hereto
(the “Guarantors” and individually a “Guarantor”), and Greenle Partners LLC Series Alpha P.S. (the “Lender”).
The Company and the Guarantors are collectively referred to in this Security Agreement as the “Grantors” and the Grantors
and the Lender are collectively referred to in this Security Agreement as the “Parties.”

 

WHEREAS, the Lender has previously
acquired from Evergreen Capital Management LLC (“Evergreen Capital”) a promissory note of the Company dated May 27, 2022
in the original principal amount of $1,750,000 (the “May Note”) issued pursuant to a Securities Purchase Agreement, dated
as of May 27, 2022 (the “May Purchase Agreement”), between the Company and Evergreen Capital, that was secured pursuant
to the terms of a Guaranty and Security Agreement dated as of May 27, 2022 (the “Original Security Agreement”) among
the Company, the Guarantors and Evergreen Capital, which has been assigned by Evergreen Capital to the Lender;

 

WHEREAS, the Lender has previously
acquired from the Company a promissory note of the Company dated September 16, 2022 in the original principal amount of $2,070,000
(the “June Note”) issued pursuant to a Securities Purchase Agreement, dated as of June 30, 2022 (the “June Purchase
Agreement”), between the Company and the Lender, that was secured pursuant to the terms of an Amended and Restated Guaranty and
Security Agreement dated as of June 30, 2022 (the “June Security Agreement”) among the Company, the Guarantors and
the Lender;

 

WHEREAS, the Lender has agreed
to lend to the Company in one or more tranches up to $5,000,000 (each, a “Loan” and collectively the “Loans”)
pursuant to a Securities Purchase Agreement, dated as of even date herewith (the “September Purchase Agreement”), between
the Company and the Lender, which Loans shall initially be evidenced by one or more promissory notes issued pursuant to the September Purchase
Agreement (the “September Notes” and, together with the May Note and the June Note and any additional promissory
notes that may be issued under the September Purchase Agreement, the “Notes”). Capitalized terms used herein and not
otherwise defined herein having the meanings set forth in the September Notes or, if not defined therein, in the September Purchase
Agreement; provided, however, that the term “Event of Default” as used herein shall have the meaning set forth in the May Note
with respect to the May Note, in the June Note with respect to the June Note and in the September Notes with respect
to the September Notes;

 

WHEREAS, pursuant to the June Security
Agreement the Guarantors have agreed to guaranty all obligations of the Company under the May Note and the June Note and the
other obligations of the Company under the Transaction Documents (as defined in the June Purchase Agreement), and as a condition
precedent to the Loans and as security for repayment of the Loans upon the terms set forth in the September Notes and the guarantees
of the Guarantors hereunder, the Guarantors also agree to guaranty all obligations of the Company under the September Notes and the
other obligations of the Company under the Transaction Documents (as defined in the September Purchase Agreement), and the Grantors
agree to execute and deliver this Security Agreement to the Lender and hereby to pledge and grant to the Lender a lien on and security
interest in all of Grantors’ rights and interest the Pledged Collateral (as defined below), whether now owned or hereafter acquired;

 

WHEREAS, as an additional
condition to the Loans, the Company and the Guarantors agree to amend and restate in its entirety the Original Security Agreement on the
terms set forth in this Security Agreement.

 

    

     

    

 

NOW, THEREFORE, in consideration
of the premises and in order to induce the Lender to make the Loans and accept the September Notes, the Parties hereby agree as follows:

 

SECTION 1.     Pledge.
Each Grantor hereby pledges and delivers to the Lender and reaffirms its prior pledge and delivery to the Lender, and hereby grants to
the Lender and reaffirms it prior grant to the Lender, of a lien on and security interest in all of each Grantor’s right, title,
and interest in and with respect to each of the following, whether now owned or hereafter acquired (collectively, the “Pledged Collateral”):

 

(a)            the
properties, assets, and rights of the Grantor described in Attachment 1 hereto, wherever located, whether such Grantor now has
or hereafter acquires an ownership or other interest or power to transfer; and

 

(b)            to
the extent not covered by subsection (a) above, all general intangibles (including causes of action) relating to, and all proceeds
of, any or all of the foregoing Pledged Collateral;

 

provided, however, that if a Document or Instrument
(each as defined in Attachment 1 hereto) or other agreement or lease of a Grantor may not be pledged by such Grantor hereunder
without the consent or approval of a counterparty thereto, such Document, Instrument, agreement or lease shall not be deemed pledged
to the Lender, and the Lender shall not be deemed to have a lien on or a security interest therein, until such consent or approval of
such counterparty is obtained, and the Grantors shall use commercially reasonable best efforts to obtain such consent or approval as soon
as practicable following the first date on which such Document, Instrument, agreement or lease would otherwise be pledged to the
Lender as Pledged Collateral hereunder.

 

For purposes of this Agreement,
 “proceeds” includes whatever is receivable or received when Pledged Collateral or proceeds are sold, exchanged, collected,
or otherwise disposed of, whether such disposition is voluntary or involuntary, and includes proceeds of any indemnity or guaranty payable
to Grantor or the Company from time to time with respect to any of the Pledged Collateral.

 

SECTION 2.     Security
for Obligations. This Security Agreement secures the prompt and complete (a) payment of all obligations of the Grantors to
the Lender now or hereafter existing under this Security Agreement, the Notes and any and all Transaction Documents (as such term is
defined in each of the May Purchase Agreement, the June Purchase Agreement and the September Purchase Agreement),
including, without limitation, the payment of the Revenue Share (as such term is defined in Section 5.1 of each of the
May Purchase Agreement, the June Purchase Agreement and the September Purchase Agreement); and (b) performance
and observance by the Grantors of all of their respective covenants and conditions contained in the Transaction Documents (as such
term is defined in each of the May Purchase Agreement, the June Purchase Agreement and the September Purchase
Agreement). All such obligations, covenants and conditions described in the immediately preceding clauses (a) and (b), whether
for principal, interest, fees, expenses, or otherwise, are hereinafter collectively referred to as the “Obligations.”
Upon repayment in full of all of the Obligations other than the Obligations relating to the Revenue Share under the
May Purchase Agreement, the June Purchase Agreement and the September Purchase Agreement (such Obligations, the
 “Revenue Share Obligations”)), or conversion of 100% of the outstanding Notes into common stock of the Company
(as provided in the Notes), the Company shall provide the Lender with such amendments or modifications to the UCC Financing
Statements filed with respect to the any and all of the Pledged Collateral necessary to amend or modify such UCC Financing
Statements to remove from the Pledged Collateral all Pledged Collateral other than (i) the equity interests of the Grantors in
CH Revenue Share Lease HoldCo LLC, a Delaware limited liability company (“Lease Holdco”) and (ii) the properties,
assets, and rights of Lease Holdco described in Attachment 1 hereto, wherever located, whether Lease Holdco now has or
hereafter acquires an ownership or other interest or power to transfer thereof, and all general intangibles (including causes of
action) relating to, and all proceeds of, any or all of the foregoing Pledged Collateral (the Pledged Collateral referred to in
(i) and (ii), collectively, the “Revenue Share Collateral”), and
Lender shall promptly execute and return same to the Company (and in no event less than five business days following receipt of such
UCC amendments); provided, that if such UCC amendments are not executed by the Lender and delivered to the Company within such
five-day period, the Company shall be entitled to prepare, execute and file same. Upon repayment in full of all of the Obligations
including the Revenue Share Obligations, the Company shall provide the Lender with UCC termination statements and other
documentation necessary to terminate (the “UCC Terminations”) any UCC Financing Statements filed with respect to any and
all Pledged Collateral and Lender shall promptly execute and return same to the Company (and in no event less than five business
days following receipt of such UCC Terminations); provided, that if such UCC Terminations are not executed by the Lender and
delivered to the Company within such five-day period, the Company shall be entitled to prepare, execute and file same.

 

    

     

    

 

For purposes of clarity, in
circumstances where all amounts payable under the Notes, including principal thereunder and interest thereon, have been paid by the Company
(or converted into common stock or preferred stock of the Company), (a) the pledge and grant by the Grantors to the Lender of a security
interest in the Pledged Collateral, other than the Revenue Share Collateral, shall be terminated, and (b) the Company shall be entitled
to amend or modify the UCC Financing Statements filed with respect to the Pledged Collateral to remove all Pledged Collateral other than
the Revenue Share Collateral, and (c) the Revenue Share Collateral shall thereafter be the only collateral pledged by the Grantors
to secure the payment obligations of the Grantors with respect to the Revenue Share Obligations and the obligations of the Grantors under
this Security Agreement and the other Transactions Documents.

 

SECTION 3.     UCC
Financing Statements on Pledged Collateral. Grantors agree that at any time and from time to time each Grantor will promptly execute
and deliver all further instruments, UCC financing statements, and documents, and take all further action that may be reasonably desirable,
or that the Lender may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby
or to enable the Lender to exercise and enforce its rights and remedies hereunder with respect to any of the Pledged Collateral. Each
Grantor shall deliver to Lender within three (3) Business Days of the date of execution of this Security Agreement a form of UCC
financing statement(s) prepared by Lender and in form reasonably satisfactory to the Grantor and consistent with this Agreement with
respect to the Pledged Collateral, to be filed and recorded by the Lender at its own discretion. Lender may, at any time and from time
to time, upon the occurrence and during the continuance of an Event of Default, subject to grace and cure periods under the Notes and
a cure period hereunder of fourteen (14) days for the Company or any Guarantor to correct any Default, in order to facilitate the Lender’s
exercise of its rights and remedies hereunder, in its discretion and without notice to any Grantor, to transfer to or to register in the
name of the Lender or any of its nominees, part or all of the Pledged Collateral.

 

SECTION 4.     Further
Assurances; Information; Legending the Certificates. Each Grantor shall cooperate in the completion of, and execute and deliver, any
and all notices, forms, schedules or other documents which may be filed by the Lender on its own behalf or on behalf of such Grantor,
including any and all required notices or statements, and do or cause to be done all such other acts and things, necessary or, in the
opinion of the Lender, advisable, for the disposition of any part of the Pledged Collateral pursuant to applicable law.

 

SECTION 5.     Representations
and Warranties. Each Grantor represents and warrants to the Lender that:

 

(a)            No
currently effective UCC financing statement covering any of the Pledged Collateral is on file in any public office other than financing
statements, if any, related to Permitted Liens (for purposes of this Agreement, “Permitted Liens” means (A) statutory
liens of landlords and liens of carriers, warehousemen, bailees, mechanics, materialmen and other like liens imposed by law, created in
the ordinary course of business and securing amounts not yet due (or which are being contested in good faith, by appropriate proceedings
or other appropriate actions which are sufficient to prevent imminent foreclosure of such liens), and with respect to which adequate reserves
or other appropriate provisions are being maintained by a Grantor, (B) deposits made (and the liens thereon) in the ordinary course
of business of a Grantor (including, without limitation, security deposits for leases, indemnity bonds, surety bonds and appeal bonds)
in connection with workers’ compensation, unemployment insurance and other types of social security benefits or to secure the performance
of tenders, bids, contracts (other than for the repayment or guarantee of borrowed money or purchase money obligations), statutory obligations
and other similar obligations arising as a result of progress payments under government contracts, (C) liens for taxes not yet due
and payable or which are being contested in good faith and with respect to which adequate reserves are being maintained by a Grantor,
(D) purchase money liens relating to the acquisition of equipment, machinery or other goods of a Grantor and (E) liens created
by the Original Security Agreement, which liens are reaffirmed pursuant to this Security Agreement (provided, that in the event of any
discrepancy between the May Security Agreement, the June Security Agreement and this Security Agreement, this Security Agreement
shall prevail);

 

    

     

    

 

(b)           Such
Grantor is and will remain the legal and beneficial owner of the Pledged Collateral, free of all liens and claims whatsoever, other than
Permitted Liens, and with full power and authority to execute this Security Agreement and perform its obligations hereunder, and to subject
the Pledged Collateral to the security interest hereunder, except for sales, transfers, dispositions, modifications and amendments, as
contemplated by the May Purchase Agreement, the June Purchase Agreement or the September Purchase Agreement, including
dispositions of assets (including leases and lease rights) in the ordinary course of business, and the use of revenue proceeds generated
through or from the Pledged Assets in the ordinary course of business;

 

(c)           All
information with respect to the Pledged Collateral set forth in any schedule, certificate or other writing at any time hereafter furnished
by Grantors to the Lender, and all other written information hereafter furnished by Grantors to the Lender, is and will be true and correct
in all material respects as of the date furnished;

 

(d)           The
execution and delivery of this Security Agreement and the performance by each Grantor of its obligations hereunder do not and will not
contravene or conflict with any provision of presently effective law or of any agreement binding upon such Grantor, and this Security
Agreement is a legal, valid and binding obligation of each Grantor, enforceable in accordance with its terms, except as such enforceability
may be limited by any applicable bankruptcy, insolvency or similar laws and by general principles of equity; and

 

(e)           For
the purposes of notices under this Agreement, the Company and each of the Grantors shall accept notice at the address for notices set
forth with the Company’s signature hereto.

 

(f)            The
Grantors hereby represent and warrant that (a) set forth on Schedule I hereto is (i) the legal name of each Grantor, (ii) the
jurisdiction of incorporation or organization of each Grantor, (iii) the identity or type of organization or corporate structure
of each Grantor (iv) the Federal Taxpayer Identification Number and organizational number of each Grantor and (v) the true and
correct location of the chief executive office of each Grantor and principal place of business and any office in which each Grantor maintains
books of records relating to Collateral owned by it.

 

SECTION 6.          Covenants.
During the term of this Security Agreement, each Grantor covenants and agrees with the Lender as follows:

 

(a)           Such
Grantor shall give the Lender written notice of any change to the address referenced in Section 5(e);

 

(b)           Such
Grantor shall duly fulfill in all material respects all obligations on its part to be fulfilled under or in connection with the Pledged
Collateral and shall do nothing to impair in any material respect the rights of the Lender therein;

 

(c)           Following
the occurrence and during the continuance of an Event of Default, any proceeds of Pledged Collateral that is not subject to a prior lien,
when first received by or on behalf of such Grantor, if so requested by the Lender, shall be deposited by or on behalf of Grantor in the
form so received in such account as the Lender shall specify, and until so deposited shall be held in trust for and as the Lender’s
property and shall not be commingled with such Grantor’s or any other Person’s other funds or properties;

 

(d)           Such
Grantor shall (i) comply in all material respects with all applicable laws with respect to the Pledged Collateral or any part thereof,
(ii) pay promptly when due all taxes, assessments and governmental charges or levies imposed upon the Pledged Collateral or in respect
of its income or profits therefrom and all claims of any kind which, if unpaid, might by law become a lien upon the Pledged Collateral
or in respect of its income or profits therefrom, except that such Grantor shall not be required to pay or discharge any such tax, assessment,
charge, or claim which is being contested in good faith and by proper proceedings, and (iii) advise the Lender promptly, in reasonable
detail, of any lien or claim made or asserted against any of the Pledged Collateral other than Permitted Liens;

 

    

     

    

 

(e)           If
the validity or priority of this Security Agreement or of any right, title, security interest, or other interest created or evidenced
hereby shall be attacked, endangered, or questioned or if any legal proceedings are instituted against such Grantor with respect thereto,
such Grantor will give prompt written notice thereof to the Lender and will diligently endeavor to cure any defect that may be developed
or claimed, and will take all necessary and proper steps for the defense of such legal proceedings, and the Lender (whether or not named
as a party to legal proceedings with respect thereto) is hereby authorized and empowered to take such additional steps as in its judgment
and discretion may be necessary or proper for the defense of any such legal proceedings or the protection of the validity or priority
of this Security Agreement and the right, title, security interest, and other interests created or evidenced hereby, and all expenses
so incurred of every kind and character shall be a demand obligation owing by such Grantor, and the Person incurring such expenses shall
be subrogated to all rights of the Person receiving such payment;

 

(f)           Such
Grantor will, on request of the Lender, (i) promptly correct any defect, error or omission which may be discovered in the contents
of this Security Agreement or in any other instrument executed in connection herewith or in the execution or acknowledgment thereof; (ii) execute,
acknowledge, deliver and record or file such further instruments (including further security agreements, financing statements and continuation
statements) and do such further acts as may be necessary, desirable or proper to carry out more effectively the purposes of this Security
Agreement and such other instruments and to subject to the security interests hereof and thereof any property intended by the terms hereof
and thereof to be covered hereby and thereby, including any renewals, additions, substitutions, replacements or appurtenances to the Pledged
Collateral; and (iii) execute, acknowledge, deliver, procure and record or file any document or instrument (including any financing
statement) deemed advisable by the Lender to protect the security interest hereunder against the rights or interests of third persons;

 

(g)           Such
Grantor shall account fully and faithfully for and, if the Lender so elects following the occurrence and during the continuance of an
Event of Default, shall promptly pay or turn over to the Lender the proceeds in whatever form received from disposition in any manner
of any of the Pledged Collateral. Such Grantor shall keep accurate and complete records of the Pledged Collateral and its proceeds;

 

(h)           From
time to time, upon demand of the Lender, such Grantor will keep and stamp or otherwise mark any and all instruments, documents and chattel
paper and its individual books and records relating to any of the Pledged Collateral in such a manner as the Lender may reasonably require;
and

 

(i)    
        Such Grantor shall furnish the Lender all such information as the Lender may
reasonably request with respect to the Pledged Collateral.

 

SECTION 7.           Voting
Rights; Dividends; Etc.

 

(a)           So
long as no Event of Default shall have occurred and be continuing:

 

(i)            Each
Grantor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Pledged Collateral or any part
thereof for any purpose not inconsistent with the terms of this Security Agreement or any other Transaction Document; provided, however,
that each Grantor shall give the Lender at least five (5) days’ written notice of the manner in which he intends to exercise,
or the reasons for refraining from exercising, any voting or other consensual rights pertaining to the Pledged Collateral or any part
thereof which may have a material adverse effect on the value of the Pledged Collateral or any part thereof.

 

    

     

    

 

(ii)            Any
and all of the following shall be delivered in the ordinary course and pursuant to the Company’s charter and by-laws:

 

(A)            dividends
or interest paid or payable other than in cash in respect of, and instruments and other property received, receivable, or otherwise distributed
in respect of, or in exchange for, any Pledged Collateral; and

 

(B)            dividends
and other distributions hereafter paid or payable in cash in respect of any Pledged Collateral in connection with a partial or total liquidation
or dissolution or in connection with a reduction of capital, capital surplus or paid-in-surplus.

 

(b)            Upon
the occurrence and during the continuance of an Event of Default:

 

(i)            All
rights of each Grantor to exercise the voting and other consensual rights which he would otherwise be entitled to exercise pursuant to
Section 7(a)(i) shall cease, and all such rights shall thereupon become vested in the Lender, which shall thereupon have the
sole right to exercise such voting and other consensual rights.

 

(ii)          Each
Grantor shall execute and deliver (or cause to be executed and delivered to the Lender) all such proxies and other instruments as the
Lender may reasonably request for the purpose of enabling the Lender to exercise the voting and other rights which it is entitled to exercise
pursuant to Section 7(b)(i) and to receive the dividends or interest payments which it is entitled to receive and retain pursuant
to this Section 7.

 

(iii)         Dividends
or any other cash distributions received by any Grantor in respect of the Pledged Collateral with the exception of cash distributions
received from the Company to satisfy Grantor’s tax obligations due to Company profits and to fulfill Grantor’s covenant of
Section 6(d) hereof prior to payment in full of all amounts due and owing under or in connection with the Obligations (including
principal, premium, if any, interest, fees and expenses on or in connection with the Obligations) shall be received and held in trust
for the Lender, and will be promptly paid over to the Lender in the form received for application to the payment of such obligations until
all such Obligations have been paid in full in such manner and order and at such time as the Lender shall select.

 

SECTION 8.     No
Transfers and Other Liens. Except as set forth in the May Purchase Agreement, the June Purchase Agreement, the September Purchase
Agreement or this Security Agreement, no Grantor shall sell, exchange or otherwise dispose of, or grant any option, warrant, or other
right with respect to or any interest in, any of the Pledged Collateral or create or permit to exist any lien upon or with respect to
any of the Pledged Collateral (other than (A) the lien created hereby, (B) Permitted Liens, (C) the transfer of
goods, inventory and Collateral in the ordinary course of a Grantor’s business, and (D) transfers to the Company or other subsidiaries
of the Company or a Grantor that have pledged their assets as collateral to secure payment of the Secured Obligations.

 

SECTION 9.     The
Lender Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Lender to be Grantor’s attorney-in-fact, with
full authority in the place and stead of Grantor and in the name of Grantor, from time to time in the Lender’s discretion, to take
any action and to execute any instrument which the Lender may deem necessary or advisable to accomplish the purposes of this Security
Agreement, including:

 

(a)            to
ask, demand, collect, sue for, recover, compound, receive, and give acquittance and receipts for moneys due and to become due under or
in respect of any of the Pledged Collateral;

 

    

     

    

 

(b)            to
receive, endorse and collect any drafts or other instruments, documents, and chattel paper in connection with Section 9(a); and

 

(c)            to
file any claims or take any action or institute any proceedings which the Lender may deem necessary or desirable for the collection of
any of the Pledged Collateral or otherwise to enforce the rights of the Lender with respect to any of the Pledged Collateral.

 

SECTION 10.     The
Lender May Perform. If any Grantor fails to perform any covenant or agreement herein, the Lender may itself perform, or cause
performance of, such covenant or agreement, and the expenses of the Lender incurred in connection therewith shall be payable by Grantor.

 

SECTION 11.     Reasonable
Care. The Lender shall be deemed to have exercised reasonable care in the custody and preservation of the Pledged Collateral in its
possession if the Pledged Collateral is accorded treatment substantially equal to that which the Lender accords its own property, it being
understood that the Lender shall not have any responsibility for (a) ascertaining or taking action with respect to calls, conversions,
exchanges, maturities, tenders, or other matters relative to any Pledged Collateral, whether or not the Lender has or is deemed to have
knowledge of such matters, or (b) taking any necessary steps to preserve rights against any Persons with respect to any Pledged Collateral.

 

SECTION 12.     Remedies
upon an Event of Default; Recourse Nature of Grantor’s Obligations. If any Event of Default shall have occurred:

 

(a)            The
Lender may exercise in respect of the Pledged Collateral, in addition to other rights and remedies provided for herein or otherwise
available to it, all the rights and remedies of a Lender on default under the UCC, or under the laws of any other applicable
jurisdiction, at that time, and the Lender may also, without notice except as specified below, sell the Pledged Collateral or any
part thereof in one or more parcels at public or private sale, at any exchange, broker’s board or at any of the Lender’s
offices or elsewhere, for cash, on credit, or for future delivery, and upon such other terms as the Lender may deem commercially
reasonable. Each Grantor agrees that, to the extent notice of sale shall be required by law, at least ten (10) days’
notice to Grantor of the time and place of any public sale or the time after which any private sale is to be made shall constitute
reasonable notification. The Lender shall not be obligated to make any sale of Pledged Collateral, regardless of whether notice of
sale has been given. The Lender may adjourn any public or private sale from time to time by announcement at the time and place fixed
therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. The Lender is
authorized to conduct any private sale of the Pledged Collateral or any part thereof in a manner that will not require the Pledged
Collateral or any part thereof to be registered under the Securities Act or any other applicable securities laws. In this regard,
each Grantor acknowledges and agrees that the Lender may, in its discretion, approach a restricted number of potential purchasers
and that a sale under those circumstances may yield a lower price for the Pledged Collateral or any part thereof then would
otherwise be obtainable if the sale of the Pledged Collateral or any part thereof were registered under the Securities Act and
applicable state securities laws. Each Grantor agrees that (i) if the Lender shall so sell the Pledged Collateral or any part
thereof at such a private sale or sales, the Lender shall have the right to rely upon the advice or opinion of any federally
registered securities broker or dealer as to the best price reasonably obtainable upon such a private sale and (ii) such
reliance shall be conclusive evidence that the Lender handled such matter in a commercially reasonable manner.

 

(b)            In
addition to the rights of the Lender under Section 7, any cash held by the Lender as Pledged Collateral and all cash proceeds received
by the Lender in respect of any sale of, collection from, or other realization upon all or any part of the Pledged Collateral may, in
the discretion of the Lender, be held by the Lender as collateral for, and then or at any time thereafter applied in whole or in part
by the Lender against, the Obligations in such order as the Lender shall select. Any surplus of such cash or cash proceeds and interest
accrued thereon, if any, held by the Lender and remaining after payment in full of all the Obligations shall be paid over to Grantors,
or to whomsoever may be lawfully entitled to receive such surplus, within a reasonable period of time; provided, that the Lender shall
have no obligation to invest or otherwise pay interest on any amounts held by it in connection with or pursuant to this Security Agreement.

 

    

     

    

 

(c)           Without
limiting in any manner any of any Grantor’s obligations or any of the Lender's rights under any of the other terms and provisions
of this Security Agreement or under any of the terms of the Notes, each Grantor’s liability, and the Lender's recourse to any assets
of Grantor other than the Pledged Collateral, upon the occurrence of any Event of Default shall be per the Guaranty between the Lender
and Grantors set forth herein.

 

SECTION 13.         Security
Interest Absolute. All rights of the Lender hereunder and all obligations of Grantors hereunder, and the security interest created
hereunder shall, to the extent permitted by applicable law, be absolute and unconditional, irrespective of:

 

(a)           any
lack of validity or enforceability of any of the Transaction Documents;

 

(b)           any
change in the time, manner, or place of payment of, or in any other term of, all or any of the Obligations or any other amendment or waiver
of or any consent to any departure from any of the Transaction Documents;

 

(c)           any
exchange, release, or non-perfection of any collateral standing as security for the Obligations or any liabilities incurred directly or
indirectly hereunder or any set-off against any of such liabilities, or any release or amendment or waiver of or consent to departure
from any guaranty, for all or any of the Obligations; or

 

(d)           any
other circumstance which might otherwise constitute a defense available to, or a discharge of, Grantor, or any other Person that is obligated
in respect of any of the Obligations.

 

SECTION 14.         Continuing
Security Interest; Assignment. This Security Agreement shall create a continuing security interest in the Pledged Collateral and shall
(a) be binding upon each Grantor and its executors, trustees, receivers, successors and permitted assigns; and (b) inure to
the benefit of and be enforceable by the Lender, and its trustees, receivers, successors and assigns. No Grantor may assign any of its
rights or obligations under this Security Agreement without the Lender's prior written consent; and any such purported assignment without
such consent shall be void and ineffective.

 

SECTION 15.         Waiver
of Marshalling. All rights of marshalling of assets of each Grantor, including any such right with respect to the Pledged Collateral,
are hereby waived by Grantors.

 

SECTION 16.         Additional
Guarantors. The Company agrees that any Subsidiary (defined below) of the Company that is not
already a party to this Agreement shall, within five (5) business days of becoming a Subsidiary, become a Subsidiary Grantor, with
the same force and effect as if originally named as Subsidiary Grantor herein, for all purposes of this Agreement by executing and delivering
to the Collateral Agent a written supplement substantially in the form of Annex A hereto. The execution and delivery of any instrument
adding an additional Subsidiary Grantor as a party to this Agreement shall not require the consent of any other Grantor hereunder. The
rights and obligations of each Subsidiary Grantor hereunder shall remain in full force and effect notwithstanding the addition of any
new Subsidiary Grantor as a party to this Agreement. For purposes of this Section 16, “Subsidiary” means
a corporation, partnership, joint venture, limited liability company or other business entity of which a majority of the shares of securities
or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests
having such power only by reason of the happening of a contingency) are at the time beneficially owned, or the management of which is
otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by the Company.

 

SECTION 17.         No
Waiver; Remedies. No failure on the part of the Lender to exercise, and no delay in exercising, any right hereunder shall operate
as a waiver thereof; nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or
the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law.

 

SECTION 18.         GOVERNING
LAW. THIS SECURITY AGREEMENT AND THE OTHER TRANSACTION DOCUMENTS SHALL BE DEEMED TO BE CONTRACTS AND AGREEMENTS EXECUTED BY THE
PARTIES HERETO UNDER THE LAWS OF THE STATE OF DELAWARE, AND SHALL BE GOVERNED BY, ENFORCED UNDER, AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF DELAWARE AND APPLICABLE FEDERAL LAW.

 

    

     

    

 

SECTION 19.         Notices:
Notices, reports, and other communications hereunder shall be in writing, shall be given by personal or courier service or by mail, and
shall be deemed to be given and received (i) upon the addressee's receipt if delivered in person or by courier or (ii) upon
the earlier of the addressee's receipt and three Business Days following the date such notices, reports, and payments are placed in the
United States mail, if properly posted with postage prepaid, by certified mail in an envelope properly addressed, to the addresses denoted
under the signatures of the Grantors and the Lender hereto or to such other address as any Party may specify in a written notice to the
other Parties in accordance with this Section 19.

 

SECTION 20.         Headings;
Certain Terms. The headings in this Security Agreement are for convenience only and are in no way intended to describe, interpret,
define, or limit the scope, extent, or intent of this Security Agreement or any provision hereof. In this Security Agreement, (a) “include”
and “including” do not signify or imply any limitation, (b) “Section” refers to a Section of
this Security Agreement, unless otherwise stated, (c) “hereunder,” “hereof,” “hereto,”
and similar terms are references to this Security Agreement as a whole, and not to any particular provision of this Security Agreement,
and (d) “UCC” refers to the Uniform Commercial Code in effect in the State of Delaware.

 

SECTION 21.         FINAL
AGREEMENT OF THE PARTIES: THIS SECURITY AGREEMENT, TOGETHER WITH THE OTHER TRANSACTION DOCUMENTS (AS SUCH TERM IS DEFINED IN EACH
OF THE MAY PURCHASE AGREEMENT AND THE JUNE PURCHASE AGREEMENT, CONSTITUTES THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT
BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO ORAL AGREEMENTS BETWEEN
THE PARTIES.

 

SECTION 22.         Guaranty.
The Guarantors hereby, jointly and severally, absolutely, irrevocably and unconditionally guarantee the punctual payment when due, whether
at stated maturity, by acceleration or otherwise, of the Obligations and the performance of all agreements of the Company now or hereafter
existing under the Notes and the other Transaction Documents (as such term is defined in each of the May Purchase Agreement, the
June Purchase Agreement and the September Purchase Agreement), whether for principal, interest, fees, expenses or otherwise.
In the event of any failure of the Company to pay or perform when due the Obligations under the Notes and the other Transaction Documents
(as such term is defined in each of the May Purchase Agreement, the June Purchase Agreement and the September Purchase
Agreement), the Guarantors will, jointly and severally, immediately pay and perform the same at the time and place, and in the funds and
manner, provided for in the applicable Transaction Documents (as such term is defined in each of the May Purchase Agreement, the
June Purchase Agreement and the September Purchase Agreement), without set-off, counterclaim or deduction of any kind.

 

[Signature Page Follows]

 

    

     

    

 

IN WITNESS WHEREOF, the Parties
have caused this Security Agreement to be duly executed and delivered as of the date first above written.

 

	 	LENDER:
	 	 	 
	 	
    Greenle Partners LLC Series Alpha P.S. 

	 	 	 
	 	By:	 
	 	 	Alan Uryniak
	 	 	Managing Member
	 	 	156 West Saddle River Road
	 	 	Saddle River, NJ  07458

 

	THE COMPANY:	 
	 	 	 
	CorpHousing Group Inc.,	 
	a Delaware corporation	 
	 	 	 
	By:	 	 
	 	Brian Ferdinand	 
	 	Chief Executive Officer	 
	 	2125 Biscayne Blvd., Suite 253	 
	 	Miami, Florida 33137	 

 

	GUARANTORS:	 
	 	 	 
	SoBeNY Partners Inc.,	 
	a Delaware corporation	 
	 	 	 
	By:	 	 
	 	Name: 	Brian Ferdinand	 
	 	Title: 	Chief Executive Officer of	 
	 	 	CorpHousing Group Inc., Manager	 
	 	 	2125 Biscayne Blvd., Suite 253	 
	 	 	Miami, Florida 33137	 
	 	 	 
	LuxUrban RE Holdings LLC,	 
	a Delaware limited liability company	 
	 	 	 
	By:	 	 
	 	Name:	 Brian Ferdinand	 
	 	Title: 	Chief Executive Officer of	 
	 	 	CorpHousing Group Inc., Manager	 
	 	 	2125 Biscayne Blvd., Suite 253	 
	 	 	Miami, Florida 33137	 

 

    

     

    

 

	LuxUrban LLC,	 
	a Delaware limited liability company	 
	 	 	 
	By:	 	 
	 	Name: 	Brian Ferdinand	 
	 	Title: 	Chief Executive Officer of	 
	 	 	CorpHousing Group Inc., Manager	 
	 	 	2125 Biscayne Blvd., Suite 253	 
	 	 	Miami, Florida 33137	 
	 	 	 
	S-Be Rentals, LLC,	 
	a Florida limited liability company	 
	 	 	 
	By:	 	 
	 	Name: 	Brian Ferdinand	 
	 	Title:	 Chief Executive Officer of	 
	 	 	CorpHousing Group Inc., Manager	 
	 	 	2125 Biscayne Blvd., Suite 253	 
	 	 	Miami, Florida 33137	 
	 	 	 
	Corphousing UK Limited,	 
	a UK private limited company	 
	 	 	 
	By:	 	 
	 	Name: 	Brian Ferdinand	 
	 	Title: 	Chief Executive Officer of	 
	 	 	CorpHousing Group Inc., Manager	 
	 	 	2125 Biscayne Blvd., Suite 253	 
	 	 	Miami, Florida 33137	 
	 	 	 
	CorpHousing RSL LLC,	 
	a Delaware limited liability company	 
	 	 	 
	By:	 	 
	 	Name:	 Brian Ferdinand	 
	 	Title: 	Chief Executive Officer of	 
	 	 	CorpHousing Group Inc., Manager	 
	 	 	2125 Biscayne Blvd., Suite 253	 
	 	 	Miami, Florida 33137	 

 

    

     

    

 

ATTACHMENT 1

 

All right, title, interest, claims and demands of each Grantor in and
to the following property now held by or hereafter acquired by such Grantor:

 

		1.	All Accounts;

 

		2.	All Chattel Paper;

 

		3.	All Deposit Accounts and cash;

 

		4.	All Documents;

 

		5.	All General Intangibles;

 

		6.	All Goods;

 

		7.	All Instruments;

 

		8.	All Intellectual Property;

 

		9.	All Inventory;

 

		10.	All Investment Property;

 

		11.	All Unencumbered Equipment;

 

		12.	All Pledged Equity; and

 

		13.	All Letter-of-Credit Rights.

 

To the extent not otherwise included, all Proceeds
and products of any and all of the foregoing, and all accessions to, substitutions and replacements for, and rents and profits of each
of the foregoing.

 

The term “Equity Interests”
means, with respect to any Person, all of the shares of capital stock of (or other ownership or profit interests in) such Person, all
of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership
or profit interests in) such Person, all of the securities convertible into or exchangeable for shares of capital stock of (or other ownership
or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or
such other interests), and all of the other ownership or profit interests in such Person (including partnership, member or trust interests
therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on
any date of determination.

 

The term “Intellectual Property”
means, with respect to each Grantor, all intellectual and similar property of every kind and nature now owned or hereafter acquired
by such Grantor, including inventions, designs, patents (whether registered or unregistered), copyrights (whether registered or unregistered),
trademarks (whether registered or unregistered), trade secrets, domain names, confidential or proprietary technical and business information,
know-how, methods, processes, drawings, specifications or other data or information and all memoranda, notes and records with respect
to any research and development, software and databases and all embodiments or fixations thereof whether in tangible or intangible form
or contained on magnetic media readable by machine together with all such magnetic media and related documentation, registrations and
franchises, and all additions, improvements and accessions to, and books and records describing or used in connection with, any of the
foregoing.

 

    

     

    

 

The term “Person” means an
individual, corporation, partnership, joint venture, trust, unincorporated organization or other entity of whatever nature.

 

The term “Pledged Equity”
means, with respect to each Grantor, 100% of the issued and outstanding Equity Interests of each Subsidiary that is directly owned
by such Grantor, including, without limitation, the Equity Interests of the Subsidiary Grantors, in each case together with the
certificates (or other agreements or instruments), if any, representing such shares, and all options and other rights, contractual
or otherwise, with respect thereto, including, but not limited to, the following: (a) all Equity Interests representing a
dividend thereon, or representing a distribution or return of capital upon or in respect thereof, or resulting from a stock split,
revision, reclassification or other exchange therefor, and any subscriptions, warrants, rights or options issued to the holder
thereof, or otherwise in respect thereof; and (b) in the event of any consolidation or merger involving the issuer thereof and
in which such issuer is not the surviving Person, all shares of each class of the Equity Interests of the successor Person formed by
or resulting from such consolidation or merger, to the extent that such successor Person is a direct Subsidiary of such Grantor.

 

The term “Subsidiary” means
a corporation, partnership, joint venture, limited liability company or other business entity of which a majority of the shares of securities
or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests
having such power only by reason of the happening of a contingency) are at the time beneficially owned, or the management of which is
otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by a Grantor.

 

All capitalized terms used in this Attachment
1 and not otherwise defined herein, shall have the respective meanings given to such terms in the Uniform Commercial Code of the State
of Delaware as in effect from time to time.

 

    

     

    

 

EXHIBIT E

 

SCHEDULE I 

TO THE 

GUARANTY AND SECURITY AGREEMENT

 

	Legal Name

 and Address	 	Jurisdiction of
 Incorporation or
 Organization	 	Type of
 Organization or
 Corporate
 Structure	 	Federal Taxpayer
 Identification
 Number and
 Organizational
 Identification
 Number
	CorpHousing Group Inc.	 	Delaware	 	Corporation	 	
	SoBeNY Partners Inc.	 	Delaware	 	Corporation	 	
	LuxUrban RE Holdings LLC	 	Delaware	 	Limited Liability Company	 	
	LuxUrban LLC	 	Delaware	 	Limited Liability Company	 	
	S-Be Rentals, LLC	 	Delaware	 	Limited Liability Company	 	
	Corphousing UK Limited	 	United Kingdom	 	Private Limited Company	 	
	CorpHousing RSL LLC	 	Delaware	 	Limited Liability Company	 	

 

 

    

     

    

 

ANNEX A

 

SUPPLEMENT TO THE AMENDED AND RESTATED 

GUARANTY AND SECURITY AGREEMENT

 

SUPPLEMENT
NO. [    ] dated as of [            ], to the Amended
and Restated Guaranty and Security Agreement dated as of September 30, 2022 (the “Security Agreement”) by and
among CorpHousing Group Inc., a Delaware corporation (the “Company”), each of the subsidiaries of the Company listed
on the signature pages thereto or that becomes a party thereto pursuant to Section 16 of the Security Agreement (each such entity
being a “Subsidiary Grantor” and collectively, the “Subsidiary Grantors”; the Company and the Subsidiary
Grantors are referred to collectively as the “Grantors”), and Greenle Partners LLC Series Alpha P.S. (the
 “Lender”).

 

A.            Capitalized
terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement.

 

B.            The
Grantors have entered into the Security Agreement in order to induce the Lender to make the Loans to the Company.

 

C.            Section 16
of the Security Agreement provides that each Subsidiary of the Company that is required to become a party to the Security Agreement shall
become a Subsidiary Grantor, with the same force and effect as if originally named as a Subsidiary Grantor therein, for all purposes of
the Security Agreement upon execution and delivery by such Subsidiary of an instrument in the form of this Supplement. Each undersigned
subsidiary (each a “New Grantor”) is executing this Supplement in accordance with the requirements of the Security
Agreement to become a Subsidiary Grantor under the Security Agreement in order to induce the Lender to make the Loans.

 

Accordingly, the Lender and
the New Grantors agree as follows:

 

SECTION 1. In
accordance with Section 16 of the Security Agreement, each New Grantor by its signature below becomes a Subsidiary Grantor
under the Security Agreement with the same force and effect as if originally named therein as a Subsidiary Grantor and each New
Grantor hereby (a) agrees to all the terms and provisions of the Security Agreement applicable to it as a Subsidiary Grantor
thereunder and (b) represents and warrants that the representations and warranties made by it as a Subsidiary Grantor
thereunder are true and correct on and as of the date hereof. In furtherance of the foregoing, each New Grantor, as security for the
payment and performance in full of the Obligations, does hereby bargain, sell, convey, assign, set over, mortgage, pledge,
hypothecate and transfer to the Collateral Agent for the benefit of the Lender, and hereby grants to the Lender, a Security Interest
in all of the Collateral of such New Grantor, in each case whether now or hereafter existing or in which it now has or
hereafter acquires an interest. Each reference to a “Subsidiary Grantor” in the Security Agreement shall be deemed to
include each New Grantor. The Security Agreement is hereby incorporated herein by reference.

 

SECTION 2. Each New Grantor
represents and warrants to the Lender that this Supplement has been duly authorized, executed and delivered by it and constitutes its
legal, valid and binding obligation, enforceable against it in accordance with its terms, subject to the effects of bankruptcy, insolvency
or similar laws affecting creditors’ rights generally and general equitable principles.

 

SECTION 3. This Supplement
may be executed by one or more of the parties to this Supplement on any number of separate counterparts (including by facsimile or other
electronic transmission), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. A set
of the copies of this Supplement signed by all the parties shall be lodged with the Lender and the Company. This Supplement shall become
effective as to each New Grantor when the Lender shall have received counterparts of this Supplement that, when taken together, bear the
signatures of such New Grantor and the Lender.

 

    

     

    

 

SECTION 4. Such New Grantor
hereby represents and warrants that (a) set forth on Schedule I hereto is (i) the legal name of such New Grantor, (ii) the
jurisdiction of incorporation or organization of such New Grantor, (iii) the identity or type of organization or corporate structure
of such New Grantor (iv) the Federal Taxpayer Identification Number and organizational number of such New Grantor and (v) the
true and correct location of the chief executive office and principal place of business and any office in which it maintains books of
records relating to Collateral owned by it.

 

SECTION 5. Except as
expressly supplemented hereby, the Security Agreement shall remain in full force and effect.

 

SECTION 6. This supplement
and the rights and obligations of the parties hereunder shall be governed by, and construed and interpreted in accordance with, the laws
of the state of Delaware.

 

SECTION 7. Any provision
of this Supplement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent
of such prohibition or unenforceability without invalidating the remaining provisions hereof and in the Security Agreement, and any such
prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
The parties hereto shall endeavor in good faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions
the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

 

SECTION 8. All notices,
requests and demands pursuant hereto shall be made in accordance with the Security Agreement. All communications and notices hereunder
to each New Grantor shall be given to it in care of the Company at the Company’s address set forth in the Security Agreement.

 

IN WITNESS WHEREOF, each New
Grantor and the Lender have duly executed this Supplement to the Security Agreement as of the day and year first above written.

 

	 	[NAME OF NEW GRANTOR]
	 	 	 
	 	By:	

	 	 	Name:
	 	 	Title:
	 	 
	 	GREENLE PARTNERS LLC SERIES ALPHA P.S.
	 	 	 
	 	By:	

	 	 	Name:
	 	 	Title:

 

    

     

    

 

SCHEDULE I 

TO SUPPLEMENT NO.      TO
THE AMENDED AND RESTATED 

GUARANTY AND SECURITY AGREEMENT

 

	
    Legal Name

    and Address
	  	Jurisdiction
    of

    Incorporation or

    Organization	 	 	Type
    of

    Organization or

    Corporate

    Structure	 	 	Federal 
    Taxpayer

    Identification

    Number and

    Organizational

    Identification

    NumberExhibit 10.4

 

AMENDED AND RESTATED

REGISTRATION RIGHTS AGREEMENT

 

This Amended and Restated
Registration Rights Agreement (this “Agreement”) is made and entered into as of September 30, 2022, between CorpHousing
Group Inc., a Delaware corporation (the “Company”), and each of the several purchasers signatory hereto (each such
purchaser, a “Purchaser” and, collectively, the “Purchasers”).

 

This Agreement is made pursuant
to the Securities Purchase Agreement, dated as of the date hereof, between the Company and each Purchaser (the “September Purchase
Agreement”) and amends and restates in its entirety the Amended and Restated Registration Rights Agreement dated as of June 30,
2022 (the “June Purchase Agreement”) between the Company and Greenle
Partners LLC Series Alpha P.S. (“Greenle Partners”), the holder of the May Note (as defined below)
that was issued pursuant to the Securities Purchaser Agreement dated as of May 27, 2022 (the “May Purchase Agreement”)
between the Company and Evergreen Capital Partners LLC (“Evergreen Capital”). The May Note and the rights and
obligations of Evergreen Capital under the May Purchase Agreement have been transferred and assigned by Evergreen Capital to Greenle
Partners, the original Purchaser that is a signatory hereto.

 

The Company and each Purchaser
hereby agrees as follows:

 

1.      
       Definitions. Capitalized terms used and not otherwise defined herein that are
defined in the September Purchase Agreement shall have the meanings given such terms in the September Purchase
Agreement. As used in this Agreement, the following terms shall have the following meanings:

 

“Advice”
shall have the meaning set forth in Section 6(c).

 

“Conversion Shares”
means, collectively, the shares of Common Stock issuable upon conversion of the Notes.

 

“Effectiveness Date”
means, with respect to the Initial Registration Statement required to be filed hereunder, the 60th calendar day following
the Filing Date on which the Initial Registration Statement is required to be filed hereunder (or, in the event of a “full review”
by the Commission, the 90th calendar day following the Filing Date on which the Initial Registration Statement is required
to be filed hereunder) and with respect to any additional Registration Statements which may be required pursuant to Section 2(c) or
Section 3(c), the 90th calendar day following the date on which an additional Registration Statement is required to be
filed hereunder (or, in the event of a “full review” by the Commission, the 120th calendar day following the date
such additional Registration Statement is required to be filed hereunder); provided, however, that in the event the Company
is notified by the Commission that one or more of the above Registration Statements will not be reviewed or is no longer subject to further
review and comments, the Effectiveness Date as to such Registration Statement shall be the fifth Trading Day following the date on which
the Company is so notified if such date precedes the dates otherwise required above, provided, further, if such Effectiveness Date falls
on a day that is not a Trading Day, then the Effectiveness Date shall be the next succeeding Trading Day.

 

“Effectiveness Period”
shall have the meaning set forth in Section 2(a).

 

“Event”
shall have the meaning set forth in Section 2(d).

 

“Event Date”
shall have the meaning set forth in Section 2(d).

 

     

     

    

 

“Filing Date”
means, with respect to the Initial Registration Statement required hereunder, the 30th calendar day following the initial
closing under the September Purchase Agreement and, with respect to any additional Registration Statements which may be required
pursuant to Section 2(c) or Section 3(c), the earliest practical date on which the Company is permitted by SEC Guidance
to file such additional Registration Statement related to the Registrable Securities.

 

“Holder”
or “Holders” means the holder or holders, 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).

 

“Initial Registration
Statement” means the initial Registration Statement filed pursuant to this Agreement.

 

“June Notes”
means the senior secured convertible promissory notes of the Company issued pursuant to the June Purchase Agreement, and any such
notes issued upon registration of transfer thereof or pursuant thereto or in exchange therefor.

 

“June Warrants”
means the Common Stock purchase warrants of the Company issued pursuant to the June Purchase Agreement, and any such warrants issued
upon registration of transfer thereof or pursuant thereto or in exchange therefor.

 

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

 

“May Notes”
means the senior secured convertible promissory notes of the Company issued pursuant to the May Purchase Agreement, and any such
notes issued upon registration of transfer thereof or pursuant thereto or in exchange therefor.

 

“May Warrants”
means the Common Stock purchase warrants of the Company issued pursuant to the May Purchase Agreement, and any such warrants issued
upon registration of transfer thereof or pursuant thereto or in exchange therefor.

 

“Notes”
means, collectively, the May Notes, the June Notes and the September Notes and “Note” means any May Note,
June Note or September Note.

 

“Plan of Distribution”
shall have the meaning set forth in Section 2(a).

 

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

 

     

     

    

 

“Registrable Securities”
means, as of any date of determination, (a) all Conversion Shares (assuming on such date the Conversion Shares are converted in
full without regard to any conversion limitations in the Notes), (b) all Warrant Shares then issued and issuable upon exercise of
the Warrants (assuming on such date the Warrants are exercised in full without regard to any exercise limitations therein), (c) all
shares of Common Stock and shares of Common Stock issuable upon the exercise of warrants, if any, issued to the Purchasers upon conversion
of the Notes pursuant to Section 4(a) of the Notes, and (d) any securities issued or then issuable upon any stock split,
dividend or other distribution, recapitalization or similar event with respect to the foregoing; provided, however, that any such
Registrable Securities shall cease to be Registrable Securities (and the Company shall not be required to maintain the effectiveness
of any, or file another, Registration Statement hereunder with respect thereto) for so long as (a) a Registration Statement with
respect to the sale of such Registrable Securities is declared effective by the Commission under the Securities Act and such Registrable
Securities have been disposed of by the Holder in accordance with such effective Registration Statement, (b) such Registrable Securities
have been previously sold in accordance with Rule 144, or (c) such securities become eligible for resale without volume or
manner-of-sale restrictions and without current public information pursuant to Rule 144 as set forth in a written opinion letter
to such effect, addressed, delivered and acceptable to the Transfer Agent and the affected Holders (assuming that such securities and
any securities issuable upon exercise, conversion or exchange of which, or as a dividend upon which, such securities were issued or are
issuable, were at no time held by any Affiliate of the Company, and all Warrants are exercised by “cashless exercise” as
provided in Section 2(c) of each of the Warrants), as reasonably determined by the Company, upon the advice of counsel to the
Company.

 

“Registration Statement”
means any registration statement required to be filed hereunder pursuant to Section 2(a) and any additional registration statements
contemplated by Section 2(c) or Section 3(c), including (in each case) the Prospectus, amendments and supplements to any
such registration statement or Prospectus, including pre- and post-effective amendments, all exhibits thereto, and all material incorporated
by reference or deemed to be incorporated by reference in any such registration statement.

 

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

 

“Rule 424”
means Rule 424 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted from
time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose and effect
as such Rule.

 

“SEC Guidance”
means (i) any publicly-available written or oral guidance of the Commission staff, or any comments, requirements or requests of
the Commission staff and (ii) the Securities Act.

 

“Selling Stockholder
Questionnaire” shall have the meaning set forth in Section 3(a).

 

“September Notes”
means the senior secured convertible promissory notes of the Company issued pursuant to the September Purchase Agreement, and any
such notes issued upon registration of transfer thereof or pursuant thereto or in exchange therefor.

 

“September Warrants”
means the Common Stock purchase warrants of the Company issued pursuant to the September Purchase Agreement, and any such warrants
issued upon registration of transfer thereof or pursuant thereto or in exchange therefor.

 

“Subscription Amount”
means, as to each Holder, the aggregate amount paid for the Notes and Warrants held by such Holder under the May Purchase Agreement
or the June Purchase Agreement, as applicable, by the original purchaser(s) of such Notes or Warrants, as set forth on the
signature pages of the May Purchase Agreement or the June Purchase Agreement, as applicable.

 

     

     

    

 

“Warrants”
means, collectively, the May Warrants, the June Warrants and the September Warrants and “Warrant” means
any May Warrant, June Warrant or September Warrant.

 

“Warrant Shares”
means, collectively, the shares of Common Stock issuable upon exercise of the Warrants.

 

2.        
     Shelf Registration.

 

(a)            On
or prior to each Filing Date, the Company shall prepare and file with the Commission a Registration Statement covering the resale of
all of the Registrable Securities that are not then registered on an effective Registration Statement for an offering to be made on a
continuous basis pursuant to Rule 415. Each Registration Statement filed hereunder shall be on Form S-3 (except if the Company
is not then eligible to register for resale the Registrable Securities on Form S-3, in which case such registration shall be on
another appropriate form in accordance herewith, subject to the provisions of Section 2(e)) and shall contain (unless otherwise
directed by at least 85% in interest of the Holders) substantially the “Plan of Distribution” attached hereto as Annex
A and substantially the “Selling Stockholder” section attached hereto as Annex B; provided, however,
that no Holder shall be required to be named as an “underwriter” without such Holder’s express prior written consent.
Subject to the terms of this Agreement, the Company shall use its commercially reasonable efforts to cause a Registration Statement filed
under this Agreement (including, without limitation, under Section 3(c)) to be declared effective under the Securities Act as promptly
as possible after the filing thereof, but in any event no later than the applicable Effectiveness Date, and shall use its commercially
reasonable efforts to keep such Registration Statement continuously effective under the Securities Act until the date that is the earlier
of (A) the date on which all Registrable Securities covered by such Registration Statement (i) have been sold, thereunder or
pursuant to Rule 144, or (ii) may be sold without volume or manner- of-sale restrictions pursuant to Rule 144 and without
the requirement for the Company to be in compliance with the current public information requirement under Rule 144, as determined
by the counsel to the Company pursuant to a written opinion letter to such effect, addressed and acceptable to the Transfer Agent and
the affected Holders, and (B) the third anniversary of the closing date of the first closing under the September Purchase Agreement
consummated by the Company after the date hereof (the “Effectiveness Period”). The Company shall telephonically request
effectiveness of a Registration Statement as of 5:00 p.m. (New York City time) on a Trading Day. The Company shall immediately notify
the Holders via facsimile or by e-mail of the effectiveness of a Registration Statement on the same Trading Day that the Company telephonically
confirms effectiveness with the Commission, which shall be the date requested for effectiveness of such Registration Statement. The Company
shall, by 9:30 a.m. (New York City time) on the Trading Day after the effective date of such Registration Statement, file a final
Prospectus with the Commission as required by Rule 424.

 

(b)            Notwithstanding
the registration obligations set forth in Section 2(a), if the Commission informs the Company that all of the Registrable Securities
cannot, as a result of the application of Rule 415, be registered for resale as a secondary offering on a single registration statement,
the Company agrees to promptly inform each of the Holders thereof and use its commercially reasonable efforts to file amendments to the
Initial Registration Statement as required by the Commission, covering the maximum number of Registrable Securities permitted to be registered
by the Commission, on Form S-3 or such other form available to register for resale the Registrable Securities as a secondary offering,
subject to the provisions of Section 2(e); with respect to filing on Form S-3 or other appropriate form, and subject to the
provisions of Section 2(d) with respect to the payment of liquidated damages; provided, however, that prior to
filing such amendment, the Company shall be obligated to use reasonably diligent efforts to advocate with the Commission for the registration
of all of the Registrable Securities in accordance with the SEC Guidance, including without limitation, Compliance and Disclosure Interpretation
612.09.

 

     

     

    

 

(c)            Notwithstanding
any other provision of this Agreement and subject to the payment of liquidated damages pursuant to Section 2(d), if the Commission
or any SEC Guidance sets forth a limitation on the number of Registrable Securities permitted to be registered on a particular Registration
Statement as a secondary offering (and notwithstanding that the Company used reasonably diligent efforts to advocate with the Commission
for the registration of all or a greater portion of Registrable Securities), unless otherwise directed in writing by a Holder as to its
Registrable Securities, the number of Registrable Securities to be registered on such Registration Statement will be reduced as follows:

 

		(i)	First, the Company
                                            shall reduce or eliminate any securities to be included other than Registrable Securities;

 

		(ii)	Second, the Company
                                            shall reduce Registrable Securities represented by Warrant Shares (applied, in the case that
                                            some Warrant Shares may be registered, to the Holders on a pro rata basis based on the total
                                            number of unregistered Warrant Shares held by such Holders); and

 

		(iii)	Third, the Company
                                            shall reduce Registrable Securities represented by Conversion Shares (applied, in the case
                                            that some Conversion Shares may be registered, to the Holders on a pro rata basis based on
                                            the total number of unregistered Conversion Shares held by such Holders).

 

In the event of a cutback hereunder, the Company
shall give the Holder at least five (5) Trading Days prior written notice along with the calculations as to such Holder’s
allotment. In the event the Company amends the Initial Registration Statement in accordance with the foregoing, the Company will use
its commercially reasonable efforts to file with the Commission, as promptly as allowed by Commission or SEC Guidance provided to the
Company or to registrants of securities in general, one or more registration statements on Form S-3 or such other form available
to register for resale those Registrable Securities that were not registered for resale on the Initial Registration Statement, as amended.

 

(d)            If:
(i) the Initial Registration Statement is not filed on or prior to its Filing Date or if the Company files the Initial Registration
Statement without affording the Holders the opportunity to review and comment on the same as required by Section 3(a) herein,
or (ii) the Company fails to file with the Commission a request for acceleration of a Registration Statement in accordance with
Rule 461 promulgated by the Commission pursuant to 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 such Registration Statement will not be “reviewed”
or will not be subject to further review, or (iii) prior to the effective date of a Registration Statement, 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 ten (10) calendar days after the receipt of comments by or notice from the Commission that such amendment is required in
order for such Registration Statement to be declared effective, or (iv) a Registration Statement registering for resale all of the
Registrable Securities is not declared effective by the Commission by the Effectiveness Date of the Initial Registration Statement, or
(v) after the effective date of a Registration Statement, such Registration Statement ceases for any reason to remain continuously
effective as to all Registrable Securities included in such Registration Statement, or the Holders are otherwise not permitted to utilize
the Prospectus therein to resell such Registrable Securities, for more than ten (10) consecutive calendar days or more than an aggregate
of fifteen (15) calendar days (which need not be consecutive calendar days) during any 12-month period (any such failure or breach being
referred to as an “Event”, and for purposes of clauses (i) and (iv), the date on which such Event occurs, and
for purpose of clause (ii) the date on which such five (5) Trading Day period is exceeded, and for purpose of clause (iii) the
date which such ten (10) calendar day period is exceeded, and for purpose of clause (v) the date on which such ten (10) or
fifteen (15) 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 the product of 2.0% multiplied
by the aggregate Subscription Amount paid by such Holder pursuant to the Purchase Agreements, up to an aggregate of 18% of the aggregate
Subscription Amount paid by such Holder pursuant to the Purchase Agreements for all such liquidated damages. If the Company fails to
pay any partial liquidated damages pursuant to this Section in full within seven days after the date payable (or notify the Holder
its election to accrete such amounts to principal), 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.

 

     

     

    

 

(e)            If
Form S-3 is not available for the registration of the resale of Registrable Securities hereunder, the Company shall (i) register
the resale of the Registrable Securities on another appropriate form and (ii) undertake to register the Registrable Securities on
Form S-3 as soon as such form is available so long as there remain Registrable Securities covered by the original registration statement,
provided that the Company shall maintain the effectiveness of the Registration Statement then in effect until such time as a Registration
Statement on Form S-3 covering the Registrable Securities has been declared effective by the Commission.

 

(f)            Notwithstanding
anything to the contrary contained herein, in no event shall the Company be permitted to name any Holder or affiliate of a Holder as
any Underwriter without the prior written consent of such Holder.

 

3.    
         Registration Procedures. In connection with the Company’s
registration obligations hereunder, the Company shall:

 

(a)            Not
less than three (3) Trading Days prior to the filing of each Registration Statement and not less than one (1) Trading Day prior
to the filing of any related Prospectus 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 copies of all such documents 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 Holders, and (ii) cause its officers and directors, counsel and independent registered public accountants to respond to
such inquiries as shall be reasonably necessary, in the reasonable opinion of respective counsel to each Holder, to conduct a reasonable
investigation within the meaning of the Securities Act. The Company shall not file a Registration Statement or any such Prospectus or
any amendments or supplements thereto to which the Holders of a majority of the Registrable Securities shall reasonably object in good
faith, provided that, the Company is notified of such objection in writing no later than three (3) Trading Days after the Holders
have been so furnished copies of a Registration Statement or one (1) Trading Day after the Holders have been so furnished copies
of any related Prospectus or amendments or supplements thereto. Each Holder agrees to furnish to the Company a completed questionnaire
in the form attached to this Agreement as Annex B (a “Selling Stockholder Questionnaire”) on a date that is
not less than three (3) Trading Days prior to the Filing Date or by the end of the second (2nd) Trading Day following
the date on which such Holder receives draft materials in accordance with this Section.

 

     

     

    

 

(b)            (i) Prepare
and file with the Commission such amendments, including post-effective amendments, to a Registration Statement and the Prospectus used
in connection therewith as may be necessary to keep a 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 all of the Registrable Securities, (ii) cause the related Prospectus to be amended
or supplemented by any required Prospectus supplement (subject to the terms of this Agreement), and, as so supplemented or amended, to
be filed pursuant to Rule 424, (iii) respond as promptly as reasonably possible to any comments received from the Commission
with respect to a Registration Statement or any amendment thereto and provide as promptly as reasonably possible to the Holders true
and complete copies of all correspondence from and to the Commission relating to a Registration Statement (provided that, the Company
shall excise any information contained therein which would constitute material non-public information regarding the Company or any of
its Subsidiaries), and (iv) comply in all material respects with the applicable provisions of the Securities Act and the Exchange
Act with respect to the disposition of all Registrable Securities covered by a Registration Statement during the applicable period in
accordance (subject to the terms of this Agreement) with the intended methods of disposition by the Holders thereof set forth in such
Registration Statement as so amended or in such Prospectus as so supplemented.

 

(c)            If
during the Effectiveness Period, the number of Registrable Securities at any time exceeds 100% of the number of shares of Common Stock
then registered in a Registration Statement, then the Company shall file as soon as reasonably practicable, but in any case prior to
the applicable Filing Date, an additional Registration Statement covering the resale by the Holders of not less than the number of such
Registrable Securities.

 

(d)            Notify
the Holders of Registrable Securities to be sold (which notice shall, pursuant to clauses (iii) through (vi) hereof, be accompanied
by an instruction to suspend the use of the Prospectus until the requisite changes have been made) as promptly as reasonably possible
(and, in the case of (i)(A) below, not less than one (1) Trading Day prior to such filing) and (if requested by any such Person)
confirm such notice in writing no later than one (1) Trading Day following the day (i)(A) when a Prospectus or any Prospectus
supplement or post-effective amendment to a 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, and (C) with respect to a 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 a Registration Statement or Prospectus or for additional information, (iii) of the issuance by the Commission or any other federal
or state governmental authority of any stop order suspending the effectiveness of a Registration Statement covering any or all of the
Registrable Securities or the initiation of any Proceedings for that purpose, (iv) of the receipt by the Company of any notification
with respect to the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in
any jurisdiction, or the initiation or threatening of any Proceeding for such purpose, (v) of the occurrence of any event or passage
of time that makes the financial statements included in a Registration Statement ineligible for inclusion therein or any statement made
in a Registration Statement or Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any
material respect or that requires any revisions to a Registration Statement, Prospectus or other documents so that, in the case of a
Registration Statement or the Prospectus, 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, and (vi) of the occurrence or existence of any pending corporate development with respect
to the Company that the Company believes may be material and that, in the determination of the Company, makes it not in the best interest
of the Company to allow continued availability of a Registration Statement or Prospectus; provided, however, that in no
event shall any such notice contain any information which would constitute material, non-public information regarding the Company or
any of its Subsidiaries.

 

     

     

    

 

(e)            Use
its commercially reasonable efforts to avoid the issuance of, or, if issued, obtain the withdrawal of (i) any order stopping or
suspending the effectiveness of a 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.

 

(f)            Furnish
to each Holder, without charge, at least one conformed copy of each such Registration Statement and each amendment thereto, including
financial statements and schedules, all documents incorporated or deemed to be incorporated therein by reference to the extent requested
by such Person, and all exhibits to the extent requested by such Person (including those previously furnished or incorporated by reference)
promptly after the filing of such documents with the Commission, provided that any such item which is available on the EDGAR system (or
successor thereto) need not be furnished in physical form.

 

(g)            Subject
to the terms of this Agreement, the Company hereby consents to the use of such Prospectus and each amendment or supplement thereto by
each of the selling Holders in connection with the offering and sale of the Registrable Securities covered by such Prospectus and any
amendment or supplement thereto, except after the giving of any notice pursuant to Section 3(d).

 

(h)            Prior
to any resale of Registrable Securities by a Holder, use its commercially reasonable efforts to register or qualify or cooperate with
the selling Holders in connection with the registration or qualification (or exemption from the Registration or qualification) of such
Registrable Securities for the resale by the Holder under the securities or Blue Sky laws of such jurisdictions within the United States
as any Holder reasonably requests in writing, to keep each registration or qualification (or exemption therefrom) effective during the
Effectiveness Period and to do any and all other acts or things reasonably necessary to enable the disposition in such jurisdictions
of the Registrable Securities covered by each Registration Statement, provided that the Company shall not be required to qualify generally
to do business in any jurisdiction where it is not then so qualified, subject the Company to any material tax in any such jurisdiction
where it is not then so subject or file a general consent to service of process in any such jurisdiction.

 

(i)            If
requested by a Holder, cooperate with such Holder to facilitate the timely preparation and delivery of certificates representing Registrable
Securities to be delivered to a transferee pursuant to a Registration Statement, which certificates shall be free, to the extent permitted
by the Purchase Agreement, of all restrictive legends, and to enable such Registrable Securities to be in such denominations and registered
in such names as any such Holder may request.

 

(j)            Upon
the occurrence of any event contemplated by Section 3(d), as promptly as reasonably possible under the circumstances taking into
account the Company’s good faith assessment of any adverse consequences to the Company and its stockholders of the premature disclosure
of such event, prepare a supplement or amendment, including a post-effective amendment, to a Registration Statement or a supplement to
the related Prospectus or any document incorporated or deemed to be incorporated therein by reference, and file any other required document
so that, as thereafter delivered, neither a Registration Statement nor such Prospectus 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. If the Company notifies the Holders in accordance with clauses (iii) through (vi) of
Section 3(d) above to suspend the use of any Prospectus until the requisite changes to such Prospectus have been made, then
the Holders shall suspend use of such Prospectus. The Company will use its commercially reasonable efforts to ensure that the use of
the Prospectus may be resumed as promptly as is practicable. The Company shall be entitled to exercise its right under this Section 3(j) to
suspend the availability of a Registration Statement and Prospectus, subject to the payment of partial liquidated damages otherwise required
pursuant to Section 2(d), for a period not to exceed 60 calendar days (which need not be consecutive days) in any 12-month period.

 

     

     

    

 

(k)            Otherwise
use commercially reasonable efforts to comply with all applicable rules and regulations of the Commission under the Securities Act
and the Exchange Act, including, without limitation, Rule 172 under the Securities Act, file any final Prospectus, including any
supplement or amendment thereof, with the Commission pursuant to Rule 424 under the Securities Act, promptly inform the Holders
in writing if, at any time during the Effectiveness Period, the Company does not satisfy the conditions specified in Rule 172 and,
as a result thereof, the Holders are required to deliver a Prospectus in connection with any disposition of Registrable Securities and
take such other actions as may be reasonably necessary to facilitate the registration of the Registrable Securities hereunder.

 

(l)            The
Company shall use its commercially reasonable efforts to maintain eligibility for use of Form S-3 (or any successor form thereto)
for the registration of the resale of Registrable Securities.

 

(m)          The
Company may require each selling Holder to furnish to the Company a certified statement as to the number of shares of Common Stock beneficially
owned by such Holder and, if required by the Commission, the natural persons thereof that have voting and dispositive control over the
shares. During any periods that the Company is unable to meet its obligations hereunder with respect to the registration of the Registrable
Securities solely because any Holder fails to furnish such information within three Trading Days of the Company’s request, any
liquidated damages that are accruing at such time as to such Holder only shall be tolled and any Event that may otherwise occur solely
because of such delay shall be suspended as to such Holder only, until such information is delivered to the Company.

 

4.      
       Registration Expenses. All fees and expenses incident to the performance of or
compliance with, this Agreement by the Company shall be borne by the Company whether or not any Registrable Securities are sold
pursuant to a 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 of the Company’s counsel and
independent registered public accountants) (A) with respect to filings made with the Commission, (B) with respect to
filings required to be made with any Trading Market on which the Common Stock is then listed for trading, and (C) in
compliance with applicable state securities or Blue Sky laws reasonably agreed to by the Company in writing (including, without
limitation, fees and disbursements of counsel for the Company in connection with Blue Sky qualifications or exemptions of the
Registrable Securities), (ii) printing expenses (including, without limitation, expenses of printing certificates for
Registrable Securities), (iii) messenger, telephone and delivery expenses, (iv) fees and disbursements of counsel for
the Company, (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 and the fees and expenses incurred in
connection with the listing of the Registrable Securities on any securities exchange as required hereunder. In no event shall the
Company be responsible for any broker or similar commissions of any Holder or, except to the extent provided for in the Transaction
Documents, any legal fees or other costs of the Holders.

 

     

     

    

 

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, members, partners, agents, 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 (and any other
Persons with a functionally equivalent role of a Person holding such titles, notwithstanding a lack of such title or any other title)
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, members, stockholders, partners, agents and employees (and any other Persons with a
functionally equivalent role of a Person holding such titles, notwithstanding a lack of such title or any other title) of each such controlling
Person, to the fullest extent permitted by applicable law, from and against any and all losses, claims, damages, liabilities, costs (including,
without limitation, reasonable attorneys’ fees) and expenses (collectively, “Losses”), as incurred, arising
out of or relating to (1) any untrue or alleged untrue statement of a material fact contained in a Registration Statement, any Prospectus
or any form of prospectus or in any amendment or supplement thereto or in any preliminary prospectus, 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 Prospectus or supplement thereto, in light of the circumstances under which they were made) not misleading or (2) any
violation or alleged violation by the Company of the Securities Act, the Exchange Act or any state securities law, or any rule or
regulation thereunder, in connection with the performance of its obligations under this Agreement, except to the extent, but only to
the extent, that (i) such untrue statements or omissions are based solely upon information regarding such Holder furnished in writing
to the Company by 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 a Registration Statement, such Prospectus or in any amendment or supplement thereto (it being understood that the Holder has
approved Annex A hereto for this purpose) or (ii) in the case of an occurrence of an event of the type specified in Section 3(d)(iii)-(vi),
the use by such Holder of an outdated, defective or otherwise unavailable Prospectus after the Company has notified such Holder in writing
that the Prospectus is outdated, defective or otherwise unavailable for use by such Holder and prior to the receipt by such Holder of
the Advice contemplated in Section 6(c). The Company shall notify the Holders promptly of the institution, threat or assertion of
any Proceeding arising from or in connection with the transactions contemplated by this Agreement of which the Company is aware. Such
indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of such indemnified person and shall
survive the transfer of any Registrable Securities by any of the Holders in accordance with Section 6(f).

 

(b)            Indemnification
by Holders. 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 incurred, to the extent arising out of or based solely upon: any untrue or alleged untrue
statement of a material fact contained in any Registration Statement, any Prospectus, or in any amendment or supplement thereto or in
any preliminary prospectus, 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 Prospectus or supplement thereto, in light of the circumstances
under which they were made) not misleading (i) 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 expressly for inclusion in such Registration Statement
or such Prospectus or (ii) to the extent, but only to the extent, that such information relates to such Holder’s information
provided in the Selling Stockholder Questionnaire or the proposed method of distribution of Registrable Securities and was reviewed and
expressly approved in writing by such Holder expressly for use in a Registration Statement (it being understood that the Holder has approved
Annex A hereto for this purpose), such Prospectus or in any amendment or supplement thereto. In no event shall the liability of a selling
Holder be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Holder in connection with any claim
relating to this Section 5 and the amount of any damages such Holder has otherwise been required to pay by reason of such untrue
statement or omission) received by such Holder upon the sale of the Registrable Securities included in the Registration Statement giving
rise to such indemnification obligation.

 

     

     

    

 

(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 shall promptly notify the Person from whom indemnity is sought (the
 “Indemnifying Party”) in writing, and the Indemnifying Party shall have the right to 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 materially
and 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, (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 counsel to the Indemnified
Party shall reasonably believe that a material 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 the reasonable fees and expenses of no more than one separate 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 or delayed. 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 only consists
of monetary remuneration and includes an unconditional release of such Indemnified Party from all liability on claims that are the subject
matter of such Proceeding.

 

Subject to the terms of this
Agreement, all reasonable 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 ten Trading Days of written notice thereof to the Indemnifying Party, provided that the Indemnified
Party shall promptly reimburse the Indemnifying Party for that portion of such fees and expenses applicable to such actions for which
such Indemnified Party is finally determined by a court of competent jurisdiction (which determination is not subject to appeal or further
review) not to be entitled to indemnification hereunder.

 

(d)            Contribution.
If the indemnification under Section 5(a) or 5(b) is unavailable to an Indemnified Party or insufficient to hold an Indemnified
Party harmless for any Losses, then each Indemnifying Party shall contribute to the amount paid or payable by such Indemnified Party,
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 this Agreement, any
reasonable attorneys’ or other 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. In no event shall the contribution obligation of a Holder of Registrable Securities be greater in amount than the dollar amount
of the proceeds (net of all expenses paid by such Holder in connection with any claim relating to this Section 5 and the amount
of any damages such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged
omission) received by it upon the sale of the Registrable Securities giving rise to such contribution obligation.

 

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 respective 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, shall be entitled to specific performance of its rights under this Agreement. Each of the Company and each Holder
agrees 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 not assert or shall waive the defense that a remedy at law would be adequate.

 

(b)            No
Piggyback on Registrations; Prohibition on Filing Other Registration Statements. Neither the Company nor any of its security holders
may include securities of the Company in any Registration Statements other than the Registrable Securities. The Company shall not file
any other registration statements until all Registrable Securities are registered pursuant to a Registration Statement that is declared
effective by the Commission, provided that this Section 6(b) shall not prohibit the Company from filing amendments to registration
statements filed prior to the date of this Agreement so long as no new securities are registered on any such existing registration statements
or from filing a registration statement relating to an offering for its own account under the Securities Act of any of its equity or
equity linked securities or securities to be registered on Form S-4 or Form S-8 (each as promulgated under the Securities Act)
or their then equivalents relating to equity or equity linked securities to be issued solely in connection with any acquisition of any
entity or business or equity or equity linked securities issuable in connection with stock option or other employee benefit plans.

 

(c)            Discontinued
Disposition. By its acquisition of Registrable Securities, each Holder agrees that, upon receipt of a notice from the Company of
the occurrence of any event of the kind described in Section 3(d)(iii) through (vi), such Holder will forthwith discontinue
disposition of such Registrable Securities under a Registration Statement until it is advised in writing (the “Advice”)
by the Company that the use of the applicable Prospectus (as it may have been supplemented or amended) may be resumed. The Company will
use its commercially reasonable efforts to ensure that the use of the Prospectus may be resumed as promptly as is practicable. The Company
agrees and acknowledges that any periods during which the Holder is required to discontinue the disposition of the Registrable Securities
hereunder shall be subject to the provisions of Section 2(d).

 

     

     

    

 

(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 Holders of 67% or more of the then outstanding Registrable Securities (for purposes of clarification, this includes
any Registrable Securities issuable upon exercise or conversion of any Security), provided that, if any amendment, modification or waiver
disproportionately and adversely impacts a Holder (or group of Holders), the consent of such disproportionately impacted Holder (or group
of Holders) shall be required. If a Registration Statement does not register all of the Registrable Securities pursuant to a waiver or
amendment done in compliance with the previous sentence, then the number of Registrable Securities to be registered for each Holder shall
be reduced pro rata among all Holders and each Holder shall have the right to designate which of its Registrable Securities shall be
omitted from such Registration Statement. 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 a Holder or some Holders and that does not directly or indirectly affect
the rights of other Holders may be given only by such Holder or Holders of all 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 first sentence of this Section 6(d). No consideration shall be offered or paid to
any Person to amend or consent to a waiver or modification of any provision of this Agreement unless the same consideration also is offered
to all of the parties to this Agreement.

 

(e)            Notices.
Any and all notices or other communications or deliveries required or permitted to be provided hereunder shall be delivered as set forth
in the June Purchase Agreement.

 

(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 (except by merger) its rights or obligations hereunder
without the prior written consent of all of the Holders of the then outstanding Registrable Securities. Each Holder may assign their
respective rights hereunder in the manner and to the Persons as permitted under Section 5.7 of the September Purchase Agreement.

 

(g)            No
Inconsistent Agreements. Neither the Company nor any of its Subsidiaries has entered, 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 would
have the effect of impairing the rights granted to the Holders in this Agreement or otherwise conflicts with the provisions hereof. Except
as set forth on Schedule 6(i), 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 that have not been satisfied in full.

 

(h)            Execution
and Counterparts. This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered
one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other party,
it being understood that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission
or by e-mail delivery of a “.pdf” format data file, such signature shall create a valid and binding obligation of the party
executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile or “.pdf” signature
page were an original thereof.

 

     

     

    

 

(i)            Governing
Law. All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be determined in
accordance with the provisions of the September Purchase Agreement.

 

(j)            Cumulative
Remedies. The remedies provided herein are cumulative and not exclusive of any other 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 commercially 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 only, do not constitute a part of the Agreement and shall not be deemed to limit or
affect any of the provisions hereof.

 

(m)            Independent
Nature of Holders’ Obligations and Rights. The obligations of each Holder hereunder are several and not joint with the obligations
of any other Holder hereunder, and no Holder shall be responsible in any way for the performance of the obligations of any other Holder
hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Holder
pursuant hereto or thereto, shall be deemed to constitute the Holders as a partnership, an association, a joint venture or any other
kind of group or entity, or create a presumption that the Holders are in any way acting in concert or as a group or entity with respect
to such obligations or the transactions contemplated by this Agreement or any other matters, and the Company acknowledges that the Holders
are not acting in concert or as a group, and the Company shall not assert any such claim, with respect to such obligations or transactions.
Each Holder shall be entitled to protect and enforce its rights, including without limitation the rights arising out of this Agreement,
and it shall not be necessary for any other Holder to be joined as an additional party in any proceeding for such purpose. The use of
a single agreement with respect to the obligations of the Company contained was solely in the control of the Company, not the action
or decision of any Holder, and was done solely for the convenience of the Company and not because it was required or requested to do
so by any Holder. It is expressly understood and agreed that each provision contained in this Agreement is between the Company and a
Holder, solely, and not between the Company and the Holders collectively and not between and among Holders.

 

********************

 

(Signature Pages Follow)

 

     

     

    

 

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

 

	 	CORPHOUSING GROUP INC.
	 	 
	 	By:	 
	 	 	Name:	Brian Ferdinand
	 	 	Title:	Chief Executive Officer

 

[SIGNATURE PAGE OF HOLDERS FOLLOWS]

 

     

     

    

 

[SIGNATURE
PAGE OF HOLDERS TO CORPHOUSING RRA]

 

Name of Holder: Greenle Partners LLC Series Alpha P.S.

________________________

 

Signature of Authorized Signatory of Holder: __________________________

 

Name of Authorized Signatory: _____________________

 

Title of Authorized Signatory: ___________________________________

 

[SIGNATURE PAGES CONTINUE]

 

     

     

    

 

Annex A

 

Plan of Distribution

 

Each Selling Stockholder
(the “Selling Stockholders”) of the securities and any of their pledgees, assignees and successors-in-interest may,
from time to time, sell any or all of their securities covered hereby on the principal Trading Market or any other stock exchange, market
or trading facility on which the securities are traded or in private transactions. These sales may be at fixed or negotiated prices.
A Selling Stockholder may use any one or more of the following methods when selling securities:

 

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

 

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

 

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

 

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

 

		●	privately negotiated transactions;

 

		●	settlement of short sales;

 

		●	in transactions through broker-dealers
                                            that agree with the Selling Stockholders to sell a specified number of such securities at
                                            a stipulated price per security;

 

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

 

		●	a combination of any such methods of sale; or

 

		●	any other method permitted pursuant to applicable law.

 

The Selling Stockholders
may also sell securities under Rule 144 or any other exemption from registration under the Securities Act of 1933, as amended (the
 “Securities Act”), if available, rather than under this prospectus.

 

Broker-dealers engaged
by the Selling Stockholders may arrange for other brokers-dealers to participate in sales. Broker-dealers may receive commissions
or discounts from the Selling Stockholders (or, if any broker-dealer acts as agent for the purchaser of securities, from the purchaser)
in amounts to be negotiated, but, except as set forth in a supplement to this Prospectus, in the case of an agency transaction not in
excess of a customary brokerage commission in compliance with FINRA Rule 2121; and in the case of a principal transaction a markup
or markdown in compliance with FINRA Rule 2121.

 

In connection with the sale
of the securities or interests therein, the Selling Stockholders may enter into hedging transactions with broker-dealers or other financial
institutions, which may in turn engage in short sales of the securities in the course of hedging the positions they assume. The Selling
Stockholders may also sell securities short and deliver these securities to close out their short positions, or loan or pledge the securities
to broker-dealers that in turn may sell these securities. The Selling Stockholders may also enter into option or other transactions with
broker-dealers or other financial institutions or create one or more derivative securities which require the delivery to such broker-dealer
or other financial institution of securities offered by this prospectus, which securities such broker-dealer or other financial institution
may resell pursuant to this prospectus (as supplemented or amended to reflect such transaction).

 

     

     

    

 

The Selling Stockholders
and any broker-dealers or agents that are involved in selling the securities may be deemed to be “underwriters” within the
meaning of the Securities Act in connection with such sales. In such event, any commissions received by such broker-dealers or agents
and any profit on the resale of the securities purchased by them may be deemed to be underwriting commissions or discounts under the
Securities Act. Each Selling Stockholder has informed the Company that it does not have any written or oral agreement or understanding,
directly or indirectly, with any person to distribute the securities.

 

The Company is required to
pay certain fees and expenses incurred by the Company incident to the registration of the securities. The Company has agreed to indemnify
the Selling Stockholders against certain losses, claims, damages and liabilities, including liabilities under the Securities Act.

 

We agreed to keep this prospectus
effective until the earlier of (i) the date on which the securities may be resold by the Selling Stockholders without registration
and without regard to any volume or manner-of-sale limitations by reason of Rule 144, without the requirement for the Company to
be in compliance with the current public information under Rule 144 under the Securities Act or any other rule of similar effect
or (ii) all of the securities have been sold pursuant to this prospectus or Rule 144 under the Securities Act or any other
rule of similar effect. The resale securities will be sold only through registered or licensed brokers or dealers if required under
applicable state securities laws. In addition, in certain states, the resale securities covered hereby may not be sold unless they have
been registered or qualified for sale in the applicable state or an exemption from the registration or qualification requirement is available
and is complied with.

 

Under applicable rules and
regulations under the Exchange Act, any person engaged in the distribution of the resale securities may not simultaneously engage in
market making activities with respect to the common stock for the applicable restricted period, as defined in Regulation M, prior to
the commencement of the distribution. In addition, the Selling Stockholders will be subject to applicable provisions of the Exchange
Act and the rules and regulations thereunder, including Regulation M, which may limit the timing of purchases and sales of the common
stock by the Selling Stockholders or any other person. We will make copies of this prospectus available to the Selling Stockholders and
have informed them of the need to deliver a copy of this prospectus to each purchaser at or prior to the time of the sale (including
by compliance with Rule 172 under the Securities Act).

 

     

     

    

 

SELLING SHAREHOLDERS

 

The common stock being offered
by the selling shareholders are those previously issued to the selling shareholders, and those issuable to the selling shareholders,
upon exercise of the warrants. For additional information regarding the issuances of those shares of common stock and warrants, see “Private
Placement of 15% OID Senior Secured Convertible Promissory Notes and Warrants” above. We are registering the shares of common stock
in order to permit the selling shareholders to offer the shares for resale from time to time. Except for the ownership of the shares
of common stock and the warrants, the selling shareholders have not had any material relationship with us within the past three years.

 

The table below lists the
selling shareholders and other information regarding the beneficial ownership of the shares of common stock by each of the selling shareholders.
The second column lists the number of shares of common stock beneficially owned by each selling shareholder, based on its ownership of
15% OID Senior Secured Convertible Promissory Notes and warrants, as of _______, 2022, assuming the conversion of such promissory notes
and the exercise of the warrants held by the selling shareholders on that date, without regard to any limitations on exercises.

 

The third column lists the
shares of common stock being offered by this prospectus by the selling shareholders.

 

In accordance with the terms
of a registration rights agreement with the selling shareholders, this prospectus generally covers the resale of the sum of (i) the
number of shares of common stock issuable to the selling shareholders upon the conversion or exercise of 15% OID Senior Secured Convertible
Promissory Notes and warrants issued as described in the “Private Placement of 15% OID Senior Secured Convertible Promissory Notes
and Warrants” described above and (ii) the maximum number of shares of common stock issuable upon exercise of the related
warrants, determined as if the outstanding warrants were exercised in full as of the trading day immediately preceding the date this
registration statement was initially filed with the SEC, each as of the trading day immediately preceding the applicable date of determination
and all subject to adjustment as provided in the registration right agreement, without regard to any limitations on the exercise of the
warrants. The fourth column assumes the sale of all of the shares offered by the selling shareholders pursuant to this prospectus.

 

[Under the terms of the 15%
OID Senior Secured Convertible Promissory Notes and the warrants, a selling shareholder may not convert such 15% OID Senior Secured Convertible
Promissory Notes or 10% OID Senior Secured Convertible Promissory Notes or exercise the warrants to the extent such conversion or exercise
would cause such selling shareholder, together with its affiliates and attribution parties, to beneficially own a number of shares of
common stock which would exceed 4.99% of our then outstanding common stock following such exercise, excluding for purposes of such determination
shares of common stock issuable upon conversion of such 15% OID Senior Secured Convertible Promissory Notes or exercise of the warrants
which have not been exercised. The number of shares in the second column does not reflect this limitation. The selling shareholders may
sell all, some or none of their shares in this offering. See "Plan of Distribution."]

 

     

     

    

 

	Name of Selling Shareholder	 	Number of shares of 
 Common Stock
 Owned Prior to
 Offering	 	Maximum Number
 of shares of 
 Common Stock to be 
 Sold Pursuant to 
 this Prospectus	 	Number of shares
 of Common Stock
 Owned After 
 Offering
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

 

     

     

    

 

Annex C

 

CORPHOUSING
GROUP INC.

 

Selling Stockholder Notice and Questionnaire

 

The undersigned beneficial
owner of common stock (the “Registrable Securities”) of CorpHousing Group Inc., a Delaware corporation (the “Company”),
understands that the Company has filed or intends to file with the Securities and Exchange Commission (the “Commission”)
a registration statement (the “Registration Statement”) for the registration and resale under Rule 415 of the
Securities Act of 1933, as amended (the “Securities Act”), of the Registrable Securities, in accordance with the terms
of the Registration Rights Agreement (the “Registration Rights Agreement”) to which this document is annexed. A copy
of the Registration Rights Agreement is available from the Company upon request at the address set forth below. All capitalized terms
not otherwise defined herein shall have the meanings ascribed thereto in the Registration Rights Agreement.

 

Certain legal consequences
arise from being named as a selling stockholder in the Registration Statement and the related prospectus. Accordingly, holders and beneficial
owners of Registrable Securities are advised to consult their own securities law counsel regarding the consequences of being named or
not being named as a selling stockholder in the Registration Statement and the related prospectus.

 

NOTICE

 

The undersigned beneficial
owner (the “Selling Stockholder”) of Registrable Securities hereby elects to include the Registrable Securities owned
by it in the Registration Statement.

 

     

     

    

 

The undersigned hereby provides the following
information to the Company and represents and warrants that such information is accurate:

 

QUESTIONNAIRE

 

		1.	Name.

 

		(a)	Full Legal Name of Selling Stockholder
	 	 	 
	 	 	 
		(b)	Full Legal Name of Registered Holder (if
                                            not the same as (a) above) through which Registrable Securities are held:
	 	 	 
	 	 	 
		(c)	Full Legal Name of Natural Control Person
                                            (which means a natural person who directly or indirectly alone or with others has power to
                                            vote or dispose of the securities covered by this Questionnaire):
	 	 	 

 

		2.	Address for Notices to Selling Stockholder:

	 
	 
	 
	Telephone:
	 
	Fax:
	 
	Contact

    Person:
	 

 

		3.	Broker-Dealer Status:

 

		(a)	Are you a broker-dealer?

 

Yes  ̈     No
 ̈

 

		(b)	If “yes” to Section 3(a),
                                            did you receive your Registrable Securities as compensation for investment banking services
                                            to the Company?

 

Yes  ̈     No
 ̈

 

     

     

    

 

		Note:	If “no” to Section 3(b),
                                            the Commission’s staff has indicated that you should be identified as an underwriter
                                            in the Registration Statement.

 

		(c)	Are you an affiliate of a broker-dealer?

 

Yes  ̈     No
 ̈

 

		(d)	If you are an affiliate of a broker-dealer,
                                            do you certify that you purchased the Registrable Securities in the ordinary course of business,
                                            and at the time of the purchase of the Registrable Securities to be resold, you had no agreements
                                            or understandings, directly or indirectly, with any person to distribute the Registrable
                                            Securities?

 

Yes  ̈     No
 ̈

 

		Note:	If “no” to Section 3(d),
                                            the Commission’s staff has indicated that you should be identified as an underwriter
                                            in the Registration Statement.

 

		4.	Beneficial Ownership of Securities of the Company Owned by the
                                            Selling Stockholder.

 

Except as set forth below in this
Item 4, the undersigned is not the beneficial or registered owner of any securities of the Company other than the securities issuable
pursuant to the Purchase Agreements.

 

		(a)	Type and Amount of other securities beneficially
                                            owned by the Selling Stockholder:
	 	 	 
	 	 	 

 

     

     

    

 

		5.	Relationships with the Company:

 

Except as set forth below, neither
the undersigned nor any of its affiliates, officers, directors or principal equity holders (owners of 5% of more of the equity securities
of the undersigned) has held any position or office or has had any other material relationship with the Company (or its predecessors
or affiliates) during the past three years.

 

State any exceptions here:

	 	 
	 	 

 

The undersigned agrees to
promptly notify the Company of any material inaccuracies or changes in the information provided herein that may occur subsequent to the
date hereof at any time while the Registration Statement remains effective; provided, that the undersigned shall not be required to notify
the Company of any changes to the number of securities held or owned by the undersigned or its affiliates.

 

By signing below, the undersigned
consents to the disclosure of the information contained herein in its answers to Items 1 through 5 and the inclusion of such information
in the Registration Statement and the related prospectus and any amendments or supplements thereto. The undersigned understands that
such information will be relied upon by the Company in connection with the preparation or amendment of the Registration Statement and
the related prospectus and any amendments or supplements thereto.

 

IN WITNESS WHEREOF the undersigned,
by authority duly given, has caused this Notice and Questionnaire to be executed and delivered either in person or by its duly authorized
agent.

 

	Date:	 	 	Beneficial Owner:	 

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

PLEASE FAX A COPY (OR EMAIL A .PDF COPY) OF
THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE TO:

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