Document:

Exhibit

AMENDMENT NO. 1
TO
AVAYA HOLDINGS CORP.
SECOND AMENDED AND RESTATED
2007 EQUITY INCENTIVE PLAN
Effective as of November 16, 2015

THIS AMENDMENT NO. 1 TO AVAYA HOLDINGS CORP. SECOND AMENDED AND RESTATED 2007 EQUITY INCENTIVE PLAN (this “First Amendment”), which amends that certain Second Amended and Restated Avaya Holdings Corp. Second Amended and Restated 2007 Equity Incentive Plan, which plan was effective as of October 26, 2007 and amended and restated as of November 20, 2014 (as it may be amended from time to time in accordance with the terms therein, the “Plan”), is made, as of the date listed above, in accordance with the terms and conditions set forth in Section 9 of the Plan.
1.DEFINED TERMS
Capitalized terms that are used but not defined in this First Amendment shall have the meanings assigned to such terms in the Plan and Exhibit A to the Plan.
2.    AMENDMENTS
(a)    Section 4(a) of the Plan is amended and restated in its entirety as set forth below:
“(a)    Number of Shares.  Subject to Section 7, a maximum of 61,236,872 shares of Stock may be delivered in satisfaction of Awards under the Plan.  The number of shares of Stock delivered in satisfaction of Awards shall, for purposes of the preceding sentence, be determined net of shares of Stock withheld by the Company under any Award in payment of any exercise price with respect to such Award.”

(b)    Section 4(b) of the Plan is amended and restated in its entirety as set forth below:
“(b)    [Reserved]”

(c)    Exhibit B of the Plan is amended and restated in its entirety as set forth below:
“EXHIBIT B

[Reserved]”

3.    NO OTHER EFFECT
Except as set forth above, no provision of the Plan is amended or modified and the Plan, as modified as set forth above, remains in full force and effect. 

-1-Exhibit

AVAYA HOLDINGS CORP.
SECOND AMENDED AND RESTATED 2007 EQUITY INCENTIVE PLAN
RESTRICTED STOCK UNIT AWARD AGREEMENT 

THIS AWARD AND ANY SECURITIES ISSUED PERSUANT TO THE AGREEMENT ARE SUBJECT TO RESTRICTIONS ON VOTING AND TRANSFER AND REQUIREMENTS OF SALE AND OTHER PROVISIONS AS SET FORTH IN THE MANAGEMENT STOCKHOLDERS’ AGREEMENT.
AVAYA HOLDINGS CORP. STRONGLY ENCOURAGES YOU TO SEEK THE ADVICE OF YOUR OWN LEGAL AND FINANCIAL ADVISORS WITH RESPECT TO YOUR AWARD AND ITS TAX CONSEQUENCES.

This agreement (the “Agreement”) evidences an Award of Restricted Stock Units (the “RSUs”) to the Award Recipient governed by the terms of the Avaya Holdings Corp. Second Amended and Restated 2007 Equity Incentive Plan (as amended from time to time, the “Plan”), subject to the terms set forth below and in the Plan, which is incorporated herein by reference; and (ii) agrees with Avaya Holdings Corp. (the “Company”) as follows:
		
	1.
	Preliminary Matters.  By acceptance of the terms hereof, the Award Recipient agrees to become a party to and be bound by the terms of the Management Stockholders’ Agreement, dated October 26, 2007 by and among the Company and certain stockholders of the Company (the “Stockholders’ Agreement”); provided, however, that the terms of Section 4 of the Stockholders’ Agreement shall not apply to the Award Recipient.

		
	2.
	Effective Date.  The grant date for the Award is as set forth in the table above (the “Grant Date”). 

		
	3.
	Shares Subject to Award.  The Award consists of the right to receive, on the terms set forth herein and in the Plan and except as otherwise provided in Section 5 below, one share (a “Share”) of Stock of the Company with respect to each RSU forming part of the Award.  Subject to adjustment pursuant to Section 7 of the Plan, the Award covers the number of RSUs as set forth in the table above.  

		
	4.
	Meaning of Certain Terms.  Except as otherwise expressly provided, all terms used herein shall have the same meaning as in the Plan.

		
	5.
	Delivery of Shares.  

		
	a.
	Vesting.  The Award is vested and non-forfeitable as of the Grant Date.

		
	b.
	Distribution.  With respect to each vested RSU and subject to adjustment pursuant to Section 7 of the Plan, the Company shall deliver one Share on the date on which the Award Recipient ceases to be a Director of the Company. 

		
	6.
	Effect of Covered Transaction.  In the event a Covered Transaction that is not a Change in Control occurs the RSUs, unless previously distributed pursuant to Section 5 above, and unless assumed in the transaction, shall automatically be converted into the right to receive from the surviving or acquiring entity (or, if so arranged by the Administrator, from an affiliate thereof), on the same payment schedule as is specified in Section 5 above and otherwise subject to the terms and conditions of this Award, cash (or, in the Administrator’s discretion, securities or other property, including Stock) on a basis that in the Administrator’s judgment as closely as possible under the circumstances, and on a basis that complies with the requirements of Section 409A, effectuates the intent of the Award, adjusted in such manner as the Administrator shall have prescribed prior to the Covered Transaction for notional interest or other notional investment experience for the period between the Covered Transaction and payment.

		
	7.
	Dividends, etc..  If while the Award Recipient still holds the Award and prior to delivery of any Shares under the Award, the Company makes a dividend or other distribution with respect to the Stock, the Award Recipient shall be entitled, subject to withholding of tax by the Company pursuant to Section 8 below, to a payment in lieu of such dividend or other distribution (which in-lieu-of payment shall be in cash to the extent the dividend or other distribution was in cash, and otherwise in such form as the Administrator shall determine) equal on a per-Share amount to the per-Share amount of the dividend or other distribution paid by the Company with respect to one Share of outstanding Stock.

		
	8.
	Certain Tax Matters.  The Award Recipient expressly acknowledges that because the Award consists of an unfunded and unsecured promise by the Company to deliver Shares in the future, subject to the terms hereof, it is not possible to make a so-called “83(b) election” with respect to the Award.  The Award Recipient also expressly acknowledges that, unless applicable law provides otherwise, the Award Recipient (i) may be subject to FICA tax upon the vesting of the RSUs underlying the Award and, if applicable, will promptly pay to the Company, upon demand, the full amount of such tax unless the Company determines instead that it will (a) hold back Shares from an award or permit the Award Recipient to tender previously owned Shares in satisfaction of tax withholding requirements (but not in excess of the applicable minimum statutory withholding rate) or (b) withhold such tax from other payments owed to the Award Recipient, and (ii) may be subject to income tax and related withholding requirements with respect to the Award at such time as cash or property is delivered with respect to the Award (unless required to include amounts in income prior thereto by reason of Section 409A or otherwise).    The Award Recipient agrees that the Award Recipient’s rights hereunder are subject to the Award Recipient promptly paying to the Company in cash (or by such other means as may be acceptable to the Company in its discretion, including, as the Administrator so determines) all taxes required (if any) to be withheld in connection with the Award.

		
	9.
	Governing Law.  This Agreement and all claims arising out of or based upon this Agreement or relating to the subject matter hereof shall be governed by and construed in accordance with the domestic substantive laws of the State of Delaware without giving effect to any choice or conflict of laws provision or rule that would cause the application of the domestic substantive laws of any other jurisdiction.

		
	10.
	Acknowledgement.   The Award Recipient confirms that he or she has been provided adequate opportunity to review the RSU grant awarded to him or her under the Plan, including this Agreement and the Stockholders’ Agreement. The Award Recipient understands that clicking the appropriate box, “Accept” for acceptance or “Reject” for rejection, indicates his or her irrevocable election to accept or reject, as applicable, the terms of the grant as set forth in this Agreement. By acceptance of the Award, the Award Recipient agrees to become a party to (or remain, if the Award Recipient is already a party to), and be bound by the terms of, the Stockholders’ Agreement.  The Award Recipient further acknowledges and agrees that (i) this is an electronic agreement, (ii) the signature to this Agreement on behalf of the Company is an electronic signature that will be treated as an original signature for all purposes hereunder and (iii) any such electronic signature shall be binding against the Company and shall create a legally binding agreement when this Agreement is accepted by the Award Recipient.

		
	11.
	Acceptance of Agreement.  In order for this Award to become effective, the Award Recipient must acknowledge acceptance of the Agreement within 60 days from the Grant Date.  If the foregoing does not occur by such date, then the Award may be cancelled at the discretion of the Company.

    

Agreed to as of the Grant Date
The foregoing Restricted Stock Unit 
Award Agreement is hereby accepted:
AVAYA HOLDINGS CORP.

By:___________________________ 
 

Avaya Holdings Corp. – Proprietary and Confidential
1-PH/2786511.1EX-10.1

 Exhibit 10.1 
  

 
 Par Pacific Holdings, Inc. 

One Memorial Plaza 
 800 Gessner Road, Suite 875 

Houston, TX 77024 
 Ladies and Gentlemen: 

The undersigned (as listed on Schedule I, the “Investors”) hereby severally confirm their respective agreements
with Par Pacific Holdings, Inc., a Delaware corporation (the “Company”), as follows: 
 1. This Commitment Letter
(this “Agreement”), is made as of the date set forth below between the Company and the Investors. 
 2. The Company
has authorized the sale and issuance of an aggregate of (i) 3,400,000 shares (the “Shares”) of its common stock, par value $0.01 per share (the “Common Stock”), at a price per share equal to
$22.00. At the Closing (as defined below), the Company will issue to the Investors, and the Investors will purchase, severally and not jointly, from the Company, the number of Shares in the amount set forth opposite their respective name on
Schedule I, and in exchange therefor, the Investors shall pay the aggregate price set forth opposite their respective name on Schedule I (the “Purchase Price”). 

3. The offering and sale of the Shares (the “Offering”) are being made pursuant to (a) an effective Registration
Statement on Form S-3, File No. 333-204597 (the “Registration Statement”) filed by the Company with the Securities and Exchange
Commission (the “Commission”) (including the prospectus contained therein (the “Base Prospectus”), (b) if applicable, certain “free writing prospectuses” (as
that term is defined in Rule 405 under the Securities Act of 1933, as amended (the “Securities Act”)), that have been or will be filed with the Commission and delivered to the Investors on or prior to the date hereof
(the “Issuer Free Writing Prospectus”), containing certain supplemental information regarding the Shares, the terms of the Offering and the Company and (c) a Prospectus Supplement (the
“Prospectus Supplement” and together with the Base Prospectus, the “Prospectus”) containing certain supplemental information regarding the Shares and terms of the Offering that has been or will be
filed with the Commission. Notwithstanding anything contained herein to the contrary, the information and disclosure contained in any Issuer Free Writing Prospectus and the Prospectus Supplement shall be consistent with the terms set forth herein,
and nothing contained therein shall modify the terms of this Agreement. 
 4. The Company and each of the Investors, severally and not
jointly, agree that at the Closing the Investors will purchase from the Company and the Company will issue and sell to each of the Investors the Shares for the Purchase Price as set forth opposite their respective name on Schedule I hereto. 

5. As an inducement to each of the Investors to purchase the Shares hereunder, the Company makes the representations and warranties to the
Investors set forth on Schedule II hereto as of the date hereof, it being understood that each Investor is relying on each of the representations and warranties set forth therein. 

  
 1 

 6. The completion of the purchase and sale of the Shares (the “Closing”)
shall occur no later than three (3) Business Days after the execution of this Agreement by the Investors and the Company (the “Closing Date”), in accordance with Rule 15c6-l promulgated under the Securities Exchange Act
of 1934, as amended (the “Exchange Act”). At the Closing, (a) the Company shall cause the Company’s Transfer Agent (as defined below), to make available for delivery to each Investor the number of Shares set forth
on the signature page hereto registered in the name of such Investor or, if so indicated on Schedule I, in the name of a nominee designated by the Investor, and (b) the aggregate purchase price for the Shares being purchased by each
Investor as set forth on Schedule I will be delivered by or on behalf of such Investor to the Company. 
 7. The Company’s
obligation to issue and sell the Shares to each Investor shall be subject to the receipt by the Company from such Investor of the purchase price for the Shares being purchased hereunder by such Investor as set forth on Schedule I hereto.
Additionally, notwithstanding anything to the contrary in this Agreement or otherwise with respect to the Offering, each Investor acknowledges and agrees that the decision to complete or terminate the proposed Offering, the acceptance or rejection
of any offers from Investors to participate in the proposed Offering, and any allocation of Shares among Investors in the proposed Offering shall each be at the sole discretion of the Company. Each Investor further agrees that the Company may, in
its sole and absolute discretion, reduce such Investor’s subscription to any amount of Shares that in the aggregate does not exceed the amount of Shares hereby applied for without any prior notice to or further consent by such Investor. The
payment (or, in the case of rejection of a portion of any Investor’s subscription, the part of the payment relating to such rejected portion) will be returned promptly, without interest, if such Investor’s subscription is rejected in whole
or in part, or in the event that the Offering is terminated by the Company. 
 8. The manner of settlement of the Shares purchased by each
Investor hereunder shall be as follows (and the Company and each Investor shall take such actions as may be required to effect the following): 

Delivery by crediting the account of such Investor’s prime broker (as specified by such Investor on Schedule I) with the Depository
Trust Company (“DTC”) through its Deposit/Withdrawal At Custodian (“DWAC”) system, whereby such Investor’s prime broker shall initiate a DWAC transaction on the Closing Date using its DTC
participant identification number, and released by American Stock Transfer & Trust Company, LLC, the Company’s transfer agent (the “Transfer Agent”), at the Company’s direction. NO LATER THAN ONE
(1) BUSINESS DAY AFTER THE DATE OF EXECUTION OF THIS AGREEMENT BY EACH INVESTOR AND THE COMPANY, SUCH INVESTOR AND THE COMPANY, AS APPLICABLE, SHALL: 

i. DIRECT THE BROKER-DEALER (WHICH BROKER-DEALER SHALL BE A DTC PARTICIPANT) AT
WHICH THE ACCOUNT OR ACCOUNTS TO BE CREDITED WITH THE SHARES PURCHASED BY INVESTORS ARE MAINTAINED TO SET UP A DWAC INSTRUCTING THE TRANSFER AGENT TO CREDIT SUCH ACCOUNT OR ACCOUNTS WITH THE SHARES, AND 

  
 2 

 ii.
REMIT BY WIRE TRANSFER THE AMOUNT OF FUNDS EQUAL TO THE AGGREGATE PURCHASE PRICE FOR THE SHARES BEING PURCHASED BY EACH SUCH INVESTOR TO THE ACCOUNT DESIGNATED BY THE COMPANY AS SET FORTH ON
SCHEDULE II. 
 The Company shall direct the Transfer Agent to credit, at the Closing, each such Investor’s account or accounts with the
Shares being purchased by such Investor pursuant to the information contained in the DWAC. 
 9. Each Investor severally represents as to
itself (and not any other Investor) that: 
 (a) except as set forth on Schedule I, it has had no position, office or other material
relationship within the past three years with the Company (which, for the avoidance of doubt, excludes ownership of Shares); 
 (b) it is
not a member of the Financial Industry Regulatory Authority, Inc. (“FINRA”) as of the Closing; and 
 (c) if an
entity, it is duly organized, validly existing and in good standing under the laws of its respective jurisdiction of organization. 
 10.
Each Investor represents that it has received (or otherwise had made available to it by the filing by the Company of an electronic version thereof with the Commission on or prior to the date hereof) the Base Prospectus, dated June 23, 2015,
which is a part of the Company’s Registration Statement, the documents incorporated by reference therein and any free writing prospectus (collectively, the “Disclosure Package”), prior to or in
connection with the entering into this Agreement. Each Investor acknowledges that, prior to the execution and delivery of this Agreement to the Company, the Investors will receive certain additional information regarding the Offering, including
pricing information which shall be consistent with the terms set forth herein (the “Offering Information”). Such information may be provided to the Investors by any means permitted under the Securities Act,
including a free writing prospectus, investor presentation and oral communications, but all such information shall be provided prior to the execution and delivery of this Agreement by the Investors and shall be consistent with the terms set forth
herein. 
 11. No offer by any Investor to buy Shares will be accepted and no part of the Purchase Price will be delivered to the Company
until such Investor has received or has public access to the Offering Information and the Company has accepted such offer by countersigning this Agreement, and the Company hereby covenants to deliver or otherwise provide access to the Offering
Information concurrently with or prior to its execution and delivery of this Agreement. 
 12. Without the prior written consent of the
Company, each Investor will not, during the period commencing on the date set forth below and ending six (6) months after the Closing Date, (1) offer, sell, contract to sell, sell any option or contract to purchase, purchase any option or
contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any of its Shares, or (2) enter into any swap or other transaction or arrangement that transfers or that is
designed to, or that might reasonably be expected to, result in the transfer to another, in whole or in part, any of the economic consequences of ownership of its Shares, whether any such transaction described in clause (1) or (2) above
(any such transaction described in clauses (1) and (2), a “Transfer”) is to be settled by delivery of Common Stock or such other securities, in cash or otherwise; provided, however, that any Investor may Transfer its
Shares to an affiliate of such Investor, provided that any such affiliate transferee agrees to the restrictions set forth in this Section 12. 

  
 3 

 13. This Agreement shall be governed by and construed in accordance with the internal laws of the
State of Delaware applicable to contracts made and to be performed in the State of Delaware, without giving effect to the principles of conflicts of law that would require the application of the laws of any other jurisdiction. 

14. This Agreement may be executed in two or more counterparts, each of which will constitute an original, but all of which, when taken
together, will constitute but one instrument, and will become effective when one or more counterparts have been signed by each party hereto and delivered to the other parties. The Company and each of the Investors severally acknowledge and agree
that the Company shall deliver its counterpart to each of the Investors along with the Prospectus Supplement (or the filing by the Company of an electronic version thereof with the Commission). 

15. All notices, requests, consents and other communications hereunder will be in writing, will be mailed (a) if within the domestic
United States by first-class registered or certified airmail, or nationally recognized overnight express courier, postage prepaid, or by facsimile or (b) if delivered from outside the United States, by International Federal Express or
facsimile, and will be deemed given (i) if delivered by first-class registered or certified mail domestic, three Business Days after so mailed, (ii) if delivered by nationally recognized overnight carrier, one Business Day after so mailed,
(iii) if delivered by International Federal Express, two Business Days after so mailed and (iv) if delivered by e-mail, upon the sending thereof so long as a copy of the same is also sent by one of the other means set forth in clauses
(i)-(iii) and will be delivered and addressed as follows: 
 If to the Company: 

Par Pacific Holdings, Inc. 

One Memorial Plaza 
 800 Gessner
Road, Suite 875 
 Houston, TX 77024 

Attn: General Counsel 
 Email:
MVaughn@parpacific.com 
 with a copy (which shall not constitute notice) to: 

Porter Hedges LLP 
 1000 Main
Street, 36th Floor 
 Houston, TX 77002 

Attn: E. James Cowen 
 Email:
jcowen@porterhedges.com 
 If to an Investor, as set forth on Schedule I for such Investor. 

Each party shall provide notice to the other parties of any change in address. 

16. Each party hereby acknowledges and agrees that the failure of the other parties to perform their respective agreements and covenants
hereunder will cause irreparable injury to the other parties, for which damages, even if available, will not be an adequate remedy. Accordingly, each party hereby agrees 

  
 4 

 
that any other party shall be entitled to the issuance of injunctive relief by any court of competent jurisdiction to compel performance of such party’s obligations, and the parties waive
the requirement to post a bond or other collateral in connection therewith or any defense that money damages is a sufficient remedy. 
 17.
The Company and each the Investors severally and not jointly agree that the Company shall (a) prior to the opening of the financial markets in New York City on November 23, 2015 issue a press release announcing the Offering and disclosing
all material information regarding the Offering, and (b) as promptly as practicable after November 20, 2015 file a Current Report on Form 8-K with the Commission including, but not limited to, a form of this Agreement as an exhibit
thereto. 
 18. In the event that the Company has not satisfied in full its conditions to the several obligation of each of the Investors to
complete the closing in Section 6(a) on or prior to the third Business Day following the date of the execution of this Agreement by all parties, this Agreement shall terminate upon the delivery of written notice thereof by any of the
Investors to the Company and any funds previously remitted by such Investor pursuant to Section 6(b) of this Agreement shall be promptly returned to such Investor. Notwithstanding any termination of this Agreement, any party not in
breach of this Agreement shall preserve all rights and remedies it may have against another party hereto for a breach of this Agreement prior to or relating to the termination hereof. 

19. Each party shall pay any fees or expenses incurred thereby in connection with the execution of this Agreement and the consummation of the
transactions contemplated hereby. 
 20. This Agreement supersedes any and all discussions, negotiations, understandings or agreements,
written or oral, expressed or implied, between us regarding the transaction contemplated hereby; and may not be contradicted by evidence of any actual or alleged prior, contemporaneous or subsequent understandings or agreements of the parties
written or oral, expressed or implied, other than a writing which expressly amends or supersedes this Agreement. 
 21. For purposes hereof,
“Business Day” means any day except Saturday, Sunday or other day on which commercial banks in the City of New York are authorized or required to close by law. 

[Signature Page Follows] 

  
 5 

 Please confirm that the foregoing correctly sets forth the agreement between us by signing in the space provided
below for that purpose. 
  

			
	Dated as of: November     , 2015
	
	[INVESTOR]
	By:	 	[                                      
   ]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	Address:	 	  

		 	  

		 	  

  

			
	Agreed and Accepted
	this      day of November 2015:
	
	PAR PACIFIC HOLDINGS, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 [SIGNATURE
PAGE TO SUBSCRIPTION AGREEMENT] 

 SCHEDULE I 

INVESTOR 
  

					
		  	 [NAME]
 Number of Shares:
[                ]
 Aggregate Purchase Price:
$[        ]
	  	
			
	1.	  	The exact name that your Shares are to be registered in. You may use a nominee name if appropriate:	  	  

			
	2.	  	The relationship between the Investor and the registered holder listed in response to item 1 above:	  	  

			
	3.	  	The mailing address of the registered	  	  

		  	holder listed in response to item 1 above:	  	  

		  		  	  

			
	4.	  	The Social Security Number or Tax Identification Number of the registered holder listed in the response to item 1 above:	  	  

			
	5.	  	Name of DTC Participant (broker-dealer at which the account or accounts to be credited with the Shares are maintained):	  	  

			
	6.	  	DTC Participant Number:	  	  

			
	7.	  	Name of Account at DTC Participant being credited with the Shares:	  	  

			
	8.	  	Account Number at DTC Participant being credited with the Shares:	  	  

			
	9.	  	Position, office or material relationship with the Company within the last three years	  	  

 The address for purposes of notice hereunder, for each of the above named Investors shall be: 

Par Wire Instructions: 

[                          
              ] 

  
 SCHEDULE I

 SCHEDULE II 

REPRESENTATIONS AND WARRANTIES OF THE COMPANY 

The Company represents and warrants to the Investors, on and as of the date of this Agreement and on and as of the Closing Date, as follows, it
being understood that each Investor is relying on each of the following representations and warranties: 
 1. Corporate Existence.
The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and each of the Company’s subsidiaries is an entity duly formed, validly existing and in good standing under the laws of
the jurisdiction under which it was formed. The Company and each of its subsidiaries has all requisite power and authority to conduct its business as currently conducted and to own and lease its property and other assets as now owned or leased, and
has all material governmental licenses, authorizations, consents and approvals necessary to own its property and to conduct its business as its business is currently conducted as described in the Company SEC Documents (as defined below), except
where the failure to obtain such licenses, authorizations, consents and approvals could not reasonably be expected to have a Company Material Adverse Effect (as defined below). The Company and each of its subsidiaries is qualified to do business as
a foreign entity and is in good standing in each jurisdiction in which the nature of the business conducted by the Company or such subsidiary makes such qualification necessary, except where the failure to so qualify could not reasonably be expected
to have a Company Material Adverse Effect. For purposes of this Agreement, a “Company Material Adverse Effect” means any material and adverse effect on (i) the assets, liabilities, financial condition, business, or
operations of the Company and its subsidiaries, taken as a whole, measured against those assets, liabilities, financial condition, business, or operations reflected in the Company SEC Documents, other than those occurring as a result of general
economic or financial conditions or other developments that are not unique to and do not have a material disproportionate impact on the Company and its subsidiaries but also affect other persons who participate in or are engaged in the lines of
business of which the Company and its subsidiaries participate or are engaged, (ii) the ability of the Company and its subsidiaries, taken as a whole, to carry out their business as of the date of this Agreement or to meet their obligations
under this Agreement on a timely basis, (iii) the legality, validity or enforceability of this Agreement or (iv) the ability of the Company to perform its obligations under this Agreement. 

2. Capitalization and Valid Issuance of the Shares. 

(a) As of the date of this Agreement, the authorized capital stock of the Company consists of 500,000,000 shares of Common Stock and 3,000,000
shares of preferred stock, and the issued and outstanding shares of Common Stock consists of 37,979,812 shares. As of the date of this Agreement, no shares of preferred stock are issued and outstanding. All of the outstanding shares of Common Stock
have been duly authorized and validly issued in accordance with applicable law and the certificate of incorporation and bylaws of the Company, each as amended to date, and are fully paid and non-assessable. 

(b) The offer and sale of the Shares has been duly authorized by the Company pursuant to the certificate of incorporation and bylaws of the
Company, each as amended to date, and when issued and delivered to the Investors against payment therefor in accordance with the terms of this Agreement, will be validly issued in accordance with applicable law and the certificate of incorporation
and bylaws of the Company, each as amended to date, fully paid and non-assessable and will be free of any and all liens and restrictions on transfer, other than restrictions on transfer under applicable state and federal securities laws and other
than such liens as are or may be created by each Investor. 

  
 SCHEDULE
II 

 (c) The Shares shall have those rights, preferences, privileges and restrictions governing the
Common Stock as set forth in the certificate of incorporation and bylaws of the Company, each as amended to date. 
 (d) Registration
Statement and Prospectuses. The Registration Statement and any amendment thereto has become effective under the Securities Act. No stop order suspending the effectiveness of the Registration Statement or any post-effective amendment thereto has
been issued under the Securities Act, no order preventing or suspending the use of the Base Prospectus or the Prospectus Supplement has been issued and no proceedings for any of those purposes have been instituted or are pending or, to the
Company’s knowledge, contemplated. The Company has complied with each request (if any) from the Commission for additional information. The Registration Statement and any amendment thereto, at the time it became effective, complied in all
material respects with the requirements of the Securities Act and rules and regulations promulgated thereunder. Each of the Base Prospectus and the Prospectus Supplement, at the time each was filed, or will be filed, with the Commission, and the
issuance of the Shares under the Registration Statement complied in all material respects with the requirements of the Securities Act and the rules and regulations promulgated thereunder. The Prospectus to be delivered to the Investors in connection
with this Offering was or will be identical to the electronically transmitted copies, provided that such delivery may be made by the filing by the Company of an electronic version thereof with the Commission. 

3. Company SEC Documents. The Company has timely filed (giving effect to permissible extensions in accordance with Rule 12b-25 under
the Securities Exchange) or furnished with the Commission all reports, schedules, forms, statements and other documents (including exhibits and other information incorporated therein) that have been filed or were required to be filed or furnished by
it under the Exchange Act or the Securities Act since January 1, 2015 (all such documents collectively, the “Company SEC Documents”). The Company SEC Documents, including any audited or unaudited financial statements and
any notes thereto or schedules included therein (the “Company Financial Statements”), at the time filed or furnished (except to the extent corrected by a subsequently filed Company SEC Document filed prior to the date of this
Agreement) (i) did not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were
made, not misleading, (ii) complied in all material respects with the applicable requirements of the Exchange Act and the Securities Act, as the case may be, (iii) complied as to form in all material respects with applicable accounting
requirements and with the published rules and regulations of the Commission with respect thereto, (iv) were prepared in conformity with GAAP applied on a consistent basis during the periods involved (except as may be indicated in the notes
thereto or, in the case of unaudited statements, as permitted by Form 10-Q) and (v) fairly present (subject in the case of unaudited statements to normal, recurring and year-end audit adjustments) in all material respects the consolidated
financial position of the business of the Company as of the dates thereof and the consolidated results of its operations and cash flows for the periods then ended. 

4. Investor Disclosures. The Company understands and confirms that each of the Investors will rely on the foregoing representations and
warranties in effecting transactions in the Shares. All disclosure provided to the Investors regarding the Company, its business and the Offering hereby furnished by or on behalf of the Company, including without limitation, the Offering
Information, are true and correct in all material respects and do not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements made therein, in light of the circumstances under
which they were made, not misleading. 

  
 SCHEDULE
II

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}]]