Document:

Exhibit 4.2

 

AMENDED AND RESTATED CERTIFICATE OF DESIGNATIONS
OF

SERIES G CONVERTIBLE PREFERRED STOCK OF

RENOVARE ENVIRONMENTAL, INC.

 

I, Brian C. Essman, hereby
certify that I am the Chief Financial Officer of Renovare Environmental, Inc. (the “Company”), a corporation
organized and existing under the Delaware General Corporation Law (the “DGCL”), and further do hereby certify:

 

That pursuant to the authority
expressly conferred upon the Board of Directors of the Company (the “Board”) by the Company’s Certificate of
Incorporation, as amended (the “Certificate of Incorporation”), and Section 151(e) and 151(g) of the
DGCL, the Board on August 8, 2022 adopted the following resolution determining it desirable and in the best interests of the Company
and its stockholders for the Company to amend and restate the Certificate of Designations of Series G Convertible Preferred Stock
(the “Series G Convertible Preferred Stock”) of Twenty Thousand Five Hundred (20,500)) shares of preferred stock,
none of which shares have been issued:

 

RESOLVED, that pursuant to
the authority vested in the Board this Company, in accordance with the provisions of the Certificate of Incorporation, a series of preferred
stock, par value $0.0001 per share, of the Company be and hereby is created, and that the designation and number of shares thereof and
the voting and other powers, preferences and relative, participating, optional or other rights of the shares of such series and the qualifications,
limitations and restrictions thereof are as follows:

 

TERMS OF SERIES G CONVERTIBLE PREFERRED STOCK

 

1.            Designation
and Number of Shares. There shall hereby be created and established a series of preferred stock of the Company designated as “Series G
Convertible Preferred Stock” (the “Series G Preferred Shares”). The authorized number of Series G
Preferred Shares shall be Twenty Thousand Five Hundred (20,500) shares. Each Series G Preferred Share shall have a par value of
$0.0001. Capitalized terms not defined herein shall have the meaning as set forth in Section 32 below.

 

2.            Ranking.
Except to the extent that the Required Holders (as defined in the Securities Purchase Agreement) expressly consent to the creation of
Parity Stock (as defined below) or Senior Preferred Stock (as defined below) in accordance with Section 17, all shares of capital
stock of the Company shall be junior in rank to all Series G Preferred Shares with respect to the preferences as to dividends, distributions
and payments upon the liquidation, dissolution and winding up of the Company (such junior stock is referred to herein collectively as
 “Junior Stock”). The rights of all such shares of capital stock of the Company shall be subject to the rights, powers,
preferences and privileges of the Series G Preferred Shares. Without limiting any other provision of this Certificate of Designations,
without the prior express consent of the Required Holders, voting separate as a single class, the Company shall not hereafter authorize
or issue any additional or other shares of capital stock that is (i) of senior rank to the Series G Preferred Shares in respect
of the preferences as to dividends, distributions and payments upon the liquidation, dissolution and winding up of the Company (collectively,
the “Senior Preferred Stock”), (ii) of pari passu rank to the Series G Preferred Shares in respect of the
preferences as to dividends, distributions and payments upon the liquidation, dissolution and winding up of the Company (collectively,
the “Parity Stock”) or (iii) any Junior Stock having a maturity date or any other date requiring redemption or
repayment of such shares of Junior Stock that is prior to the Maturity Date. In the event of the merger or consolidation of the Company
with or into another corporation, the Series G Preferred Shares shall maintain their relative rights, powers, designations, privileges
and preferences provided for herein and no such merger or consolidation shall result inconsistent therewith.

 

     

     

    

 

3.            Dividends.
From and after the first date of issuance of any Series G Preferred Shares (the “Initial Issuance Date”), unless
a Triggering Event has occurred and is continuing, no holder of a Series G Preferred Share (each, a “Holder”
and collectively, the “Holders”) shall be entitled to receive any dividends (“Dividends”) except
in accordance with Section 7 or Section 16 below or, otherwise, to the extent, if any, as may be declared by the Board on the
Series G Preferred Shares, from time to time, in its sole and absolute discretion, which Dividends, if any, shall be paid by the
Company out of funds legally available therefor, payable, subject to the conditions and other terms hereof, in cash on the Stated Value
of such Series G Preferred Share. From and after the occurrence and during the continuance of any Triggering Event, Dividends shall
accrue on each Series G Preferred Share at eighteen percent (18.0%) per annum (the “Default Rate”) and shall
be computed on the basis of a 360-day year and twelve 30-day months. Dividends, if any, on the Series G Preferred Shares shall be
payable by way of inclusion of the Dividends in the Conversion Amount on each Conversion Date in accordance with Section 4(c)(i) or
upon any redemption in accordance with Section 11 or upon any required payment upon any Bankruptcy Triggering Event.

 

4.            Conversion.
At any time after the Resale Eligibility Date, each Series G Preferred Share shall be convertible into validly issued, fully paid
and non-assessable shares of Common Stock (as defined below), on the terms and conditions set forth in this Section 4.

 

(a)            Holder’s
Conversion Right. Subject to the provisions of Section 4(d), at any time or times on or after the Initial Issuance Date, each
Holder shall be entitled to convert any portion of the outstanding Series G Preferred Shares held by such Holder into validly issued,
fully paid and non-assessable shares of Common Stock in accordance with Section 4(c) at the Conversion Rate (as defined below).
The Company shall not issue any fraction of a share of Common Stock upon any conversion. If the issuance would result in the issuance
of a fraction of a share of Common Stock, the Company shall round such fraction of a share of Common Stock up to the nearest whole share.
The Company shall pay any and all transfer, stamp, issuance and similar taxes, costs and expenses (including, without limitation, fees
and expenses of the Transfer Agent (as defined below)) that may be payable with respect to the issuance and delivery of Common Stock
upon conversion of any Series G Preferred Shares.

 

(b)            Conversion
Rate. The number of shares of Common Stock issuable upon conversion of any Series G Preferred Share pursuant to Section 4(a) shall
be determined by dividing (x) the Conversion Amount of such Series G Preferred Share by (y) the Conversion Price (the
 “Conversion Rate”):

 

(i)            “Conversion
Amount” means, with respect to each Series G Preferred Share, as of the applicable date of determination, the sum of (1) the
Stated Value thereof plus (2) the Additional Amount thereon and any accrued and unpaid Late Charges (as defined below in Section 25(c))
with respect to such Stated Value and Additional Amount as of such date of determination.

 

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(ii)            “Conversion
Price” means, with respect to each Series G Preferred Share, as of any Conversion Date or other date of determination,
$0.04, subject to adjustment as provided herein.

 

(c)            Mechanics
of Conversion. The conversion of each Series G Preferred Share shall be conducted in the following manner:

 

(i)            Optional
Conversion. To convert a Series G Preferred Share into shares of Common Stock on any date (a “Conversion Date”),
at any time after the Resale Eligibility Date, a Holder shall deliver (whether via electronic mail or otherwise), for receipt on or prior
to 5:00 p.m., New York time, on such date, a copy of an executed notice of conversion of the share(s) of Series G Preferred
Shares subject to such conversion in the form attached hereto as Exhibit I (the “Conversion Notice”)
to the Company. If required by Section 4(c)(iii), within two (2) Trading Days following a conversion of any such Series G
Preferred Shares as aforesaid, such Holder shall surrender to a nationally recognized overnight delivery service for delivery to the
Company the original certificates, if any, representing the Series G Preferred Shares (the “Series G Preferred Share
Certificates”) so converted as aforesaid (or an indemnification undertaking with respect to the Series G Preferred Shares
in the case of its loss, theft or destruction as contemplated by Section 19(b)). On or before the first (1st) Trading
Day following the date of receipt of a Conversion Notice, the Company shall transmit by electronic mail an acknowledgment of confirmation
and representation as to whether such shares of Common Stock may then be resold pursuant to Rule 144 or an effective and available
registration statement, in the form attached hereto as Exhibit II, of receipt of such Conversion Notice to such Holder
and the Company’s transfer agent (the “Transfer Agent”), which confirmation shall constitute an instruction
to the Transfer Agent to process such Conversion Notice in accordance with the terms herein. On or before the second (2nd) Trading Day
following each date on which the Company has received a Conversion Notice (or such earlier date as required pursuant to the 1934 Act
or other applicable law, rule or regulation for the settlement of a trade initiated on the applicable Conversion Date of such shares
of Common Stock issuable pursuant to such Conversion Notice) (the “Share Delivery Deadline”), the Company shall (1) provided
that the Transfer Agent is participating in The Depository Trust Company’s (“DTC”) Fast Automated Securities
Transfer Program (“FAST”), credit such aggregate number of shares of Common Stock to which such Holder shall be entitled
pursuant to such conversion to such Holder’s or its designee’s balance account with DTC through its Deposit/Withdrawal at
Custodian system, or (2) if the Transfer Agent is not participating in FAST, upon the request of such Holder, issue and deliver
(via reputable overnight courier) to the address as specified in such Conversion Notice, a certificate, registered in the name of such
Holder or its designee, for the number of shares of Common Stock to which such Holder shall be entitled. If the number of Series G
Preferred Shares represented by the Series G Preferred Share Certificate(s) submitted for conversion pursuant to Section 4(c)(iii) is
greater than the number of Series G Preferred Shares being converted, then the Company shall, as soon as practicable and in no event
later than two (2) Trading Days after receipt of the Series G Preferred Share Certificate(s) and at its own expense, issue
and deliver to such Holder (or its designee) a new Series G Preferred Share Certificate or a new Book-Entry (in either case, accordance
with Section 19(d)) representing the number of Series G Preferred Shares not converted. The Person or Persons entitled to receive
the shares of Common Stock issuable upon a conversion of Series G Preferred Shares shall be treated for all purposes as the record
holder or holders of such shares of Common Stock on the Conversion Date. Notwithstanding anything to the contrary contained in this Certificate
of Designations or the Registration Rights Agreement, after the effective date of a Registration Statement (as defined in the Registration
Rights Agreement) and prior to a Holder’s receipt of the notice of a Grace Period (as defined in the Registration Rights Agreement),
the Company shall cause the Transfer Agent to deliver unlegended shares of Common Stock to such Holder (or its designee) in connection
with any sale of Registrable Securities (as defined in the Registration Rights Agreement) with respect to which such Holder has entered
into a contract for sale, and delivered a copy of the prospectus included as part of the particular Registration Statement to the extent
applicable, and for which such Holder has not yet settled.

 

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(ii)            Company’s
Failure to Timely Convert. If the Company shall fail, for any reason or for no reason, on or prior to the applicable Share Delivery
Deadline, either (I) if the Transfer Agent is not participating in FAST, to issue and deliver to such Holder (or its designee) a
certificate for the number of shares of Common Stock to which such Holder is entitled and register such shares of Common Stock on the
Company’s share register or, if the Transfer Agent is participating in FAST, to credit such Holder’s or its designee’s
balance account with DTC for such number of shares of Common Stock to which such Holder is entitled upon such Holder’s conversion
of any Conversion Amount (as the case may be) or (II) if the Registration Statement covering the resale of the shares of Common
Stock that are the subject of the Conversion Notice (the “Unavailable Conversion Shares”) is not available for the
resale of such Unavailable Conversion Shares and the Company fails to promptly, but in no event later than as required pursuant to the
Registration Rights Agreement (x) notify such Holder and (y) deliver the shares of Common Stock electronically without any
restrictive legend by crediting such aggregate number of shares of Common Stock to which such Holder is entitled pursuant to such exercise
to such Holder’s or its designee’s balance account with DTC through its Deposit/Withdrawal At Custodian system (the event
described in the immediately foregoing clause (II) is hereinafter referred as a “Notice Failure” and together
with the event described in clause (I) above, a “Conversion Failure”), then, in addition to all other remedies
available to such Holder, (X) the Company shall pay in cash to such Holder on each day after the Share Delivery Deadline that the
issuance of such shares of Common Stock is not timely effected an amount equal to 2% of the product of (A) the sum of the number
of shares of Common Stock not issued to such Holder on or prior to the Share Delivery Deadline and to which such Holder is entitled,
multiplied by (B) any trading price of the Common Stock selected by such Holder in writing as in effect at any time during the period
beginning on the applicable Conversion Date and ending on the applicable Share Delivery Deadline, and (Y) such Holder, upon written
notice to the Company, may void its Conversion Notice with respect to, and retain or have returned, as the case may be, all, or any portion,
of such Series G Preferred Shares that has not been converted pursuant to such Conversion Notice; provided that the voiding of an
Conversion Notice shall not affect the Company’s obligations to make any payments which have accrued prior to the date of such
notice pursuant to this Section 4(c)(ii) or otherwise. In addition to the foregoing, if on or prior to the Share Delivery Deadline
either (A) the Transfer Agent is not participating in FAST, the Company shall fail to issue and deliver to such Holder (or its designee)
a certificate and register such shares of Common Stock on the Company’s share register or, if the Transfer Agent is participating
in FAST, the Transfer Agent shall fail to credit the balance account of such Holder or such Holder’s designee, as applicable, with
DTC for the number of shares of Common Stock to which such Holder is entitled upon such Holder’s conversion hereunder or pursuant
to the Company’s obligation pursuant to clause (ii) below or (B) a Notice Failure occurs, and if on or after such Share
Delivery Deadline such Holder acquires (in an open market transaction, stock loan or otherwise) shares of Common Stock corresponding
to all or any portion of the number of shares of Common Stock issuable upon such conversion that such Holder is entitled to receive from
the Company and has not received from the Company in connection with such Conversion Failure or Notice Failure, as applicable (a “Buy-In”),
then, in addition to all other remedies available to such Holder, the Company shall, within two (2) Business Days after receipt
of such Holder’s request and in such Holder’s discretion, either: (I) pay cash to such Holder in an amount equal to
such Holder’s total purchase price (including brokerage commission, stock loan costs and other out-of-pocket expenses, if any)
for the shares of Common Stock so acquired (including, without limitation, by any other Person in respect, or on behalf, of such Holder)
(the “Buy-In Price”), at which point the Company’s obligation to so issue and deliver such certificate (and
to issue such shares of Common Stock) or credit to the balance account of such Holder or such Holder’s designee, as applicable,
with DTC for the number of shares of Common Stock to which such Holder is entitled upon such Holder’s conversion hereunder (as
the case may be) (and to issue such shares of Common Stock) shall terminate, or (II) promptly honor its obligation to so issue and
deliver to such Holder a certificate or certificates representing such shares of Common Stock or credit the balance account of such Holder
or such Holder’s designee, as applicable, with DTC for the number of shares of Common Stock to which such Holder is entitled upon
such Holder’s conversion hereunder (as the case may be) and pay cash to such Holder in an amount equal to the excess (if any) of
the Buy-In Price over the product of (x) such number of shares of Common Stock multiplied by (y) the lowest Closing Sale Price
of the Common Stock on any Trading Day during the period commencing on the date of the applicable Conversion Notice and ending on the
date of such issuance and payment under this clause (II). Nothing herein shall limit a Holder’s right to pursue any other remedies
available to it hereunder, at law or in equity, including, without limitation, a decree of specific performance and/or injunctive relief
with respect to the Company’s failure to timely deliver certificates representing shares of Common Stock (or to electronically
deliver such shares of Common Stock) upon the conversion of the Series G Preferred Shares as required pursuant to the terms hereof.
Notwithstanding anything herein to the contrary, with respect to any given Notice Failure and/or Conversion Failure, this Section 4(c)(ii) shall
not apply to a Holder to the extent the Company has already paid such amounts in full to such Holder with respect to such Notice Failure
and/or Conversion Failure, as applicable, pursuant to the analogous sections of the Securities Purchase Agreement.

 

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(iii)            Registration;
Book-Entry. At the time of issuance of any Series G Preferred Shares hereunder, the applicable Holder may, by written request
(including by electronic-mail) to the Company, elect to receive such Series G Preferred Shares in the form of one or more Series G
Preferred Share Certificates or in Book-Entry form. The Company (or the Transfer Agent, as custodian for the Series G Preferred
Shares) shall maintain a register (the “Register”) for the recordation of the names and addresses of the Holders of
each Series G Preferred Share and the Stated Value of the Series G Preferred Shares and whether the Series G Preferred
Shares are held by such Holder in Series G Preferred Share Certificates or in Book-Entry form (the “Registered Series G
Preferred Shares”). The entries in the Register shall be conclusive and binding for all purposes absent manifest error. The
Company and each Holder of the Series G Preferred Shares shall treat each Person whose name is recorded in the Register as the owner
of a Series G Preferred Share for all purposes (including, without limitation, the right to receive payments and Dividends hereunder)
notwithstanding notice to the contrary. A Registered Series G Preferred Share may be assigned, transferred or sold only by registration
of such assignment or sale on the Register. Upon its receipt of a written request to assign, transfer or sell one or more Registered
Series G Preferred Shares by such Holder thereof, the Company shall record the information contained therein in the Register and
issue one or more new Registered Series G Preferred Shares in the same aggregate Stated Value as the Stated Value of the surrendered
Registered Series G Preferred Shares to the designated assignee or transferee pursuant to Section 19, provided that if the
Company does not so record an assignment, transfer or sale (as the case may be) of such Registered Series G Preferred Shares within
two (2) Business Days of such a request, then the Register shall be automatically deemed updated to reflect such assignment, transfer
or sale (as the case may be). Notwithstanding anything to the contrary set forth in this Section 4, following conversion of any
Series G Preferred Shares in accordance with the terms hereof, the applicable Holder shall not be required to physically surrender
such Series G Preferred Shares held in the form of a Series G Preferred Share Certificate to the Company unless (A) the
full or remaining number of Series G Preferred Shares represented by the applicable Series G Preferred Share Certificate are
being converted (in which event such certificate(s) shall be delivered to the Company as contemplated by this Section 4(c)(iii))
or (B) such Holder has provided the Company with prior written notice (which notice may be included in a Conversion Notice) requesting
reissuance of Series G Preferred Shares upon physical surrender of the applicable Series G Preferred Share Certificate. Each
Holder and the Company shall maintain records showing the Stated Value, Dividends and Late Charges converted and/or paid (as the case
may be) and the dates of such conversions and/or payments (as the case may be) or shall use such other method, reasonably satisfactory
to such Holder and the Company, so as not to require physical surrender of a Series G Preferred Share Certificate upon conversion.
If the Company does not update the Register to record such Stated Value, Dividends and Late Charges converted and/or paid (as the case
may be) and the dates of such conversions and/or payments (as the case may be) within two (2) Business Days of such occurrence,
then the Register shall be automatically deemed updated to reflect such occurrence. In the event of any dispute or discrepancy, such
records of such Holder establishing the number of Series G Preferred Shares to which the record holder is entitled shall be controlling
and determinative in the absence of manifest error. A Holder and any transferee or assignee, by acceptance of a certificate, acknowledge
and agree that, by reason of the provisions of this paragraph, following conversion of any Series G Preferred Shares, the number
of Series G Preferred Shares represented by such certificate may be less than the number of Series G Preferred Shares stated
on the face thereof. Each Series G Preferred Share Certificate shall bear the following legend:

 

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ANY TRANSFEREE OR ASSIGNEE OF THIS CERTIFICATE
SHOULD CAREFULLY REVIEW THE TERMS OF THE CORPORATION’S CERTIFICATE OF DESIGNATIONS RELATING TO THE SHARES OF SERIES G PREFERRED
STOCK REPRESENTED BY THIS CERTIFICATE, INCLUDING SECTION 4(c)(iii) THEREOF. THE NUMBER OF SHARES OF SERIES G PREFERRED
STOCK REPRESENTED BY THIS CERTIFICATE MAY BE LESS THAN THE NUMBER OF SHARES OF SERIES G PREFERRED STOCK STATED ON THE FACE HEREOF
PURSUANT TO SECTION 4(c)(iii) OF THE CERTIFICATE OF DESIGNATIONS RELATING TO THE SHARES OF SERIES G PREFERRED STOCK REPRESENTED
BY THIS CERTIFICATE.

 

(iv)          Pro
Rata Conversion; Disputes. In the event that the Company receives a Conversion Notice from more than one Holder for the same Conversion
Date and the Company can convert some, but not all, of such Series G Preferred Shares and/or Series H Preferred Shares, as
applicable, submitted for conversion, the Company shall convert from each Holder electing to have Series G Preferred Shares and/or
Series H Preferred Shares, as applicable, converted on such date a pro rata amount of such Holder’s Series G Preferred
Shares and/or Series H Preferred Shares, as applicable, submitted for conversion on such date based on the number of Series G
Preferred Shares and/or Series H Preferred Shares, as applicable, submitted for conversion on such date by such Holder relative
to the aggregate number of Series G Preferred Shares and/or Series H Preferred Shares, as applicable, submitted for conversion
on such date. In the event of a dispute as to the number of shares of Common Stock issuable to a Holder in connection with a conversion
of Series G Preferred Shares and/or Series H Preferred Shares, as applicable, the Company shall issue to such Holder the number
of shares of Common Stock not in dispute and resolve such dispute in accordance with Section 24.

 

(d)            Limitation
on Beneficial Ownership. The Company shall not effect the conversion of any of the Series G Preferred Shares held by a Holder,
and such Holder shall not have the right to convert any of the Series G Preferred Shares held by such Holder pursuant to the terms
and conditions of this Certificate of Designations and any such conversion shall be null and void and treated as if never made, to the
extent that after giving effect to such conversion, such Holder together with the other Attribution Parties collectively would beneficially
own in excess of 4.99% (the “Maximum Percentage”) of the shares of Common Stock outstanding immediately after giving
effect to such conversion. For purposes of the foregoing sentence, the aggregate number of shares of Common Stock beneficially owned
by such Holder and the other Attribution Parties shall include the number of shares of Common Stock held by such Holder and all other
Attribution Parties plus the number of shares of Common Stock issuable upon conversion of the Series G Preferred Shares with respect
to which the determination of such sentence is being made, but shall exclude shares of Common Stock which would be issuable upon (A) conversion
of the remaining, nonconverted Series G Preferred Shares beneficially owned by such Holder or any of the other Attribution Parties
and (B) exercise or conversion of the unexercised or nonconverted portion of any other securities of the Company (including, without
limitation, any convertible notes, convertible preferred stock or warrants, including the Series G Preferred Shares and the Common
Warrants) beneficially owned by such Holder or any other Attribution Party subject to a limitation on conversion or exercise analogous
to the limitation contained in this Section 4(d). For purposes of this Section 4(d), beneficial ownership shall be calculated
in accordance with Section 13(d) of the 1934 Act. For purposes of determining the number of outstanding shares of Common Stock
a Holder may acquire upon the conversion of such Series G Preferred Shares without exceeding the Maximum Percentage, such Holder
may rely on the number of outstanding shares of Common Stock as reflected in (x) the Company’s most recent Annual Report on
Form 10-K, Quarterly Report on Form 10-Q, Current Report on Form 8-K or other public filing with the SEC, as the case
may be, (y) a more recent public announcement by the Company or (z) any other written notice by the Company or the Transfer
Agent, if any, setting forth the number of shares of Common Stock outstanding (the “Reported Outstanding Share Number”).
If the Company receives a Conversion Notice from a Holder at a time when the actual number of outstanding shares of Common Stock is less
than the Reported Outstanding Share Number, the Company shall notify such Holder in writing of the number of shares of Common Stock then
outstanding and, to the extent that such Conversion Notice would otherwise cause such Holder’s beneficial ownership, as determined
pursuant to this Section 4(d), to exceed the Maximum Percentage, such Holder must notify the Company of a reduced number of shares
of Common Stock to be purchased pursuant to such Conversion Notice. For any reason at any time, upon the written or oral request of any
Holder, the Company shall within one (1) Business Day confirm orally and in writing or by electronic mail to such Holder the number
of shares of Common Stock then outstanding. In any case, the number of outstanding shares of Common Stock shall be determined after giving
effect to the conversion or exercise of securities of the Company, including such Series G Preferred Shares, by such Holder and
any other Attribution Party since the date as of which the Reported Outstanding Share Number was reported. In the event that the issuance
of shares of Common Stock to a Holder upon conversion of such Series G Preferred Shares results in such Holder and the other Attribution
Parties being deemed to beneficially own, in the aggregate, more than the Maximum Percentage of the number of outstanding shares of Common
Stock (as determined under Section 13(d) of the 1934 Act), the number of shares so issued by which such Holder’s and
the other Attribution Parties’ aggregate beneficial ownership exceeds the Maximum Percentage (the “Excess Shares”)
shall be deemed null and void and shall be cancelled ab initio, and such Holder shall not have the power to vote or to transfer the Excess
Shares. Upon delivery of a written notice to the Company, any Holder may from time to time increase (with such increase not effective
until the sixty-first (61st) day after delivery of such notice) or decrease the Maximum Percentage of such Holder to any other
percentage not in excess of 9.99% as specified in such notice; provided that (i) any such increase in the Maximum Percentage will
not be effective until the sixty-first (61st) day after such notice is delivered to the Company and (ii) any such increase
or decrease will apply only to such Holder and the other Attribution Parties and not to any other Holder that is not an Attribution Party
of such Holder. For purposes of clarity, the shares of Common Stock issuable to a Holder pursuant to the terms of this Certificate of
Designations in excess of the Maximum Percentage shall not be deemed to be beneficially owned by such Holder for any purpose including
for purposes of Section 13(d) or Rule 16a-1(a)(1) of the 1934 Act. No prior inability to convert such Series G
Preferred Shares pursuant to this paragraph shall have any effect on the applicability of the provisions of this paragraph with respect
to any subsequent determination of convertibility. The provisions of this paragraph shall be construed and implemented in a manner otherwise
than in strict conformity with the terms of this Section 4(d) to the extent necessary to correct this paragraph (or any portion
of this paragraph) which may be defective or inconsistent with the intended beneficial ownership limitation contained in this Section 4(d) or
to make changes or supplements necessary or desirable to properly give effect to such limitation. The limitation contained in this paragraph
may not be waived and shall apply to a successor holder of such Series G Preferred Shares.

 

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(e)            Right
of Alternate Conversion Upon a Triggering Event.

 

(i)            General.
Subject to Section 4(d), at any time after the Resale Eligibility Date and during a Triggering Event Redemption Right Period (as
defined below)(regardless of whether such Triggering Event has been cured or if the applicable Holder has delivered an Triggering Event
Redemption Notice to the Company), such Holder may, at such Holder’s option, by delivery of a Conversion Notice to the Company
(the date of any such Conversion Notice, each an “Alternate Conversion Date”), convert all, or any number of Series G
Preferred Shares (such Conversion Amount of the Series G Preferred Shares to be converted pursuant to this Section 4(e)(ii),
each, an “Alternate Conversion Amount”) into shares of Common Stock at the Alternate Conversion Price (each an “Alternate
Conversion”).

 

(ii)            Mechanics
of Alternate Conversion. On any Alternate Conversion Date, a Holder may voluntarily convert any Alternate Conversion Amount of Series G
Preferred Shares pursuant to Section 4(c) (with “Alternate Conversion Price” replacing “Conversion Price”
for all purposes hereunder with respect to such Alternate Conversion and with “Required Premium of the Conversion Amount”
replacing “Conversion Amount” in clause (x) of the definition of Conversion Rate above with respect to such Alternate
Conversion) by designating in the Conversion Notice delivered pursuant to this Section 4(e) of this Certificate of Designations
that such Holder is electing to use the Alternate Conversion Price for such conversion. Notwithstanding anything to the contrary in this
Section 4(e), but subject to Section 4(d), until the Company delivers shares of Common Stock representing the applicable Alternate
Conversion Amount of Series G Preferred Shares to such Holder, such Series G Preferred Shares may be converted by such Holder
into shares of Common Stock pursuant to Section 4(c) without regard to this Section 4(e).

 

5.            Triggering
Event Redemptions.

 

(a)            Triggering
Event. Each of the following events shall constitute a “Triggering Event” and each of the events in clauses (x),
(xi), and (xii) shall constitute a “Bankruptcy Triggering Event”:

 

(i)            the
failure of the applicable Registration Statement (as defined in the Registration Rights Agreement) to be filed with the SEC on or prior
to the date that is five (5) days after the applicable Filing Deadline (as defined in the Registration Rights Agreement) or the
failure of the applicable Registration Statement to be declared effective by the SEC on or prior to the date that is five (5) days
after the applicable Effectiveness Deadline (as defined in the Registration Rights Agreement);

 

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(ii)             while
the applicable Registration Statement is required to be maintained effective pursuant to the terms of the Registration Rights Agreement,
the effectiveness of the applicable Registration Statement lapses for any reason (including, without limitation, the issuance of a stop
order) or such Registration Statement (or the prospectus contained therein) is unavailable to any holder of Registrable Securities (as
defined in the Registration Rights Agreement) for sale of all of such holder’s Registrable Securities in accordance with the terms
of the Registration Rights Agreement, and such lapse or unavailability continues for a period of five (5) consecutive days or for
more than an aggregate of ten (10) days in any 365-day period (excluding days during an Allowable Grace Period (as defined in the
Registration Rights Agreement));

 

(iii)            the
suspension (or threatened suspension) from trading or the failure (or threatened failure) of the Common Stock to be trading or listed
(as applicable) on an Eligible Market for a period of five (5) consecutive Trading Days;

 

(iv)            the
Company’s (A) failure to cure a Conversion Failure or a Delivery Failure (as defined in the Common Warrants) or a Delivery
Failure (as defined in the Preferred Warrants) by delivery of the required number of shares of Common Stock within five (5) Trading
Days after the applicable Conversion Date or exercise date (as the case may be) or (B) notice, written or oral, to any holder of
Series G Preferred Shares, Series H Preferred Shares, Common Warrants or Preferred Warrants, including, without limitation,
by way of public announcement or through any of its agents, at any time, of its intention not to comply, as required, with a request
for exercise of any Common Warrants for Warrant Common Shares in accordance with the provisions of the Common Warrants, with a request
for exercise of any Preferred Warrants for Warrant Preferred Shares in accordance with the provisions of the Preferred Warrants or a
request for conversion of any Series G Preferred Shares or Series H Preferred Shares into shares of Common Stock that is requested
in accordance with the provisions of this Certificate of Designations or the Series H Certificate of Designations (as defined in
the Securities Purchase Agreement), as applicable, other than pursuant to Section 4(d) hereof;

 

(v)            except
to the extent the Company is in compliance with Section 10(b) below, at any time following the tenth (10th) consecutive
day that a Holder’s Authorized Share Allocation (as defined in Section 10(a) below) is less than the sum of (A) 250%
of the number of shares of Common Stock that such Holder would be entitled to receive upon a conversion, in full, of all of the Series G
Preferred Shares then held by such Holder (without regard to any limitations on conversion set forth in this Certificate of Designations),
(B) 250% of the number of shares of Common Stock that such Holder would be entitled to receive upon a conversion, in full, of all
of the Series H Preferred Shares then held by such Holder (without regard to any limitations on conversion set forth in the Series H
Certificate of Designations), (C) 100% of the number of shares of Common Stock that such Holder would then be entitled to receive
upon exercise in full of such Holder’s Common Warrants (without regard to any limitations on exercise set forth in the Common Warrants)
and (D) 100% of the number of Warrant Preferred Shares that such Holder would then be entitled to receive upon exercise in full
of such Holder’s Preferred Warrants (without regard to any limitations on exercise set forth in the Preferred Warrants);

 

    8

     

    

 

(vi)            the
Board fails to declare any Dividend required to be paid hereunder in accordance with Section 3;

 

(vii)             the
Company’s failure to pay to any Holder any amount when and as due under this Certificate of Designations (including, without limitation,
the Company’s failure to pay any redemption payments or amounts hereunder), the Securities Purchase Agreement or any other Transaction
Document or any other agreement, document, certificate or other instrument delivered in connection with the transactions contemplated
hereby and thereby (in each case, whether or not permitted pursuant to the DGCL), except, in the case of a failure to pay Dividends and
Late Charges when and as due, in each such case only if such failure remains uncured for a period of at least two (2) Trading Days;

 

(viii)            the
Company fails to remove any restrictive legend on any certificate or any shares of Common Stock issued to the applicable Holder upon
conversion or exercise (as the case may be) of any Securities (as defined in the Securities Purchase Agreement) acquired by such Holder
under the Transaction Documents as and when required by such Securities or the Securities Purchase Agreement, as applicable, unless otherwise
then prohibited by applicable federal securities laws, and any such failure remains uncured for at least five (5) days;

 

(ix)             the
occurrence of any default under, redemption of or acceleration prior to maturity of at least an aggregate of $250,000 of Indebtedness
(as defined in the Securities Purchase Agreement) of the Company or any of its Subsidiaries;

 

(x)             bankruptcy,
insolvency, reorganization or liquidation proceedings or other proceedings for the relief of debtors shall be instituted by or against
the Company or any Subsidiary and, if instituted against the Company or any Subsidiary by a third party, shall not be dismissed within
thirty (30) days of their initiation;

 

(xi)             the
commencement by the Company or any Subsidiary of a voluntary case or proceeding under any applicable federal, state or foreign bankruptcy,
insolvency, reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, or the
consent by it to the entry of a decree, order, judgment or other similar document in respect of the Company or any Subsidiary in an involuntary
case or proceeding under any applicable federal, state or foreign bankruptcy, insolvency, reorganization or other similar law or to the
commencement of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking
reorganization or relief under any applicable federal, state or foreign law, or the consent by it to the filing of such petition or to
the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official
of the Company or any Subsidiary or of any substantial part of its property, or the making by it of an assignment for the benefit of
creditors, or the execution of a composition of debts, or the occurrence of any other similar federal, state or foreign proceeding, or
the admission by it in writing of its inability to pay its debts generally as they become due, the taking of corporate action by the
Company or any Subsidiary in furtherance of any such action or the taking of any action by any Person to commence a Uniform Commercial
Code foreclosure sale or any other similar action under federal, state or foreign law;

 

    9

     

    

 

(xii)             the
entry by a court of (i) a decree, order, judgment or other similar document in respect of the Company or any Subsidiary of a voluntary
or involuntary case or proceeding under any applicable federal, state or foreign bankruptcy, insolvency, reorganization or other similar
law or (ii) a decree, order, judgment or other similar document adjudging the Company or any Subsidiary as bankrupt or insolvent,
or approving as properly filed a petition seeking liquidation, reorganization, arrangement, adjustment or composition of or in respect
of the Company or any Subsidiary under any applicable federal, state or foreign law or (iii) a decree, order, judgment or other
similar document appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company
or any Subsidiary or of any substantial part of its property, or ordering the winding up or liquidation of its affairs, and the continuance
of any such decree, order, judgment or other similar document or any such other decree, order, judgment or other similar document unstayed
and in effect for a period of thirty (30) consecutive days;

 

(xiii)            a
final judgment or judgments for the payment of money aggregating in excess of $250,000 are rendered against the Company and/or any of
its Subsidiaries and which judgments are not, within thirty (30) days after the entry thereof, bonded, discharged, settled or stayed
pending appeal, or are not discharged within thirty (30) days after the expiration of such stay; provided, however, any judgment which
is covered by insurance or an indemnity from a credit worthy party shall not be included in calculating the $250,000 amount set forth
above so long as the Company provides each Holder a written statement from such insurer or indemnity provider (which written statement
shall be reasonably satisfactory to each Holder) to the effect that such judgment is covered by insurance or an indemnity and the Company
or such Subsidiary (as the case may be) will receive the proceeds of such insurance or indemnity within thirty (30) days of the issuance
of such judgment;

 

(xiv)            the
Company and/or any Subsidiary, individually or in the aggregate, either (i) fails to pay, when due, or within any applicable grace
period, any payment with respect to any Indebtedness in excess of $250,000 due to any third party (other than, with respect to unsecured
Indebtedness only, payments contested by the Company and/or such Subsidiary (as the case may be) in good faith by proper proceedings
and with respect to which adequate reserves have been set aside for the payment thereof in accordance with GAAP) or is otherwise in breach
or violation of any agreement for monies owed or owing in an amount in excess of $250,000, which breach or violation permits the other
party thereto to declare a default or otherwise accelerate amounts due thereunder, or (ii) suffer to exist any other circumstance
or event that would, with or without the passage of time or the giving of notice, result in a default or event of default under any agreement
binding the Company or any Subsidiary, which default or event of default would or is likely to have a material adverse effect on the
business, assets, operations (including results thereof), liabilities, properties, condition (including financial condition) or prospects
of the Company or any of its Subsidiaries, individually or in the aggregate;

 

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(xv)            other
than as specifically set forth in another clause of this Section 5(a), the Company or any Subsidiary breaches any representation
or warranty or any covenant or other term or condition of any Transaction Document, except, in the case of a breach of a covenant or
other term or condition that is curable, only if such breach remains uncured for a period of two (2) consecutive Trading Days;

 

(xvi)            a
false or inaccurate certification (including a false or inaccurate deemed certification) by the Company as to whether any Triggering
Event has occurred;

 

(xvii)            any
breach or failure in any respect by the Company or any Subsidiary to comply with any provision of Section 14(m) of this Certificate
of Designations;

 

(xviii)             the
Company fails to consummate the Harp Transaction, pursuant to written agreements in form and substance satisfactory to the Required Holders,
on or prior to October 31, 2022;

 

(xix)             any
Material Adverse Effect (as defined in the Securities Purchase Agreement) occurs; or

 

(xx)             any
provision of any Transaction Document shall at any time for any reason (other than pursuant to the express terms thereof) cease to be
valid and binding on or enforceable against the Company, or the validity or enforceability thereof shall be contested, directly or indirectly,
by the Company or any Subsidiary, or a proceeding shall be commenced by the Company or any Subsidiary or any governmental authority having
jurisdiction over any of them, seeking to establish the invalidity or unenforceability thereof or the Company or any of its Subsidiaries
shall deny in writing that it has any liability or obligation purported to be created under one or more Transaction Documents.

 

(b)            Notice
of a Triggering Event; Redemption Right. Upon the occurrence of a Triggering Event with respect to the Series G Preferred Shares,
the Company shall within one (1) Business Day deliver written notice thereof via electronic mail and overnight courier (with next
day delivery specified) (an “Triggering Event Notice”) to each Holder. At any time after the earlier of a Holder’s
receipt of a Triggering Event Notice and such Holder becoming aware of a Triggering Event (such earlier date, the “Triggering
Event Right Commencement Date”) and ending (such ending date, the “Triggering Event Right Expiration Date”,
and each such period, an “Triggering Event Redemption Right Period”) on the twentieth (20th) Trading Day after the
later of (x) the date such Triggering Event is cured and (y) such Holder’s receipt of a Triggering Event Notice that
includes (I) a reasonable description of the applicable Triggering Event, (II) a certification as to whether, in the opinion
of the Company, such Triggering Event is capable of being cured and, if applicable, a reasonable description of any existing plans of
the Company to cure such Triggering Event and (III) a certification as to the date the Triggering Event occurred and, if cured on
or prior to the date of such Triggering Event Notice, the applicable Triggering Event Right Expiration Date, such Holder may require
the Company to redeem (regardless of whether such Triggering Event has been cured) all or any of the Series G Preferred Shares by
delivering written notice thereof (the “Triggering Event Redemption Notice”) to the Company, which Triggering Event
Redemption Notice shall indicate the number of the Series G Preferred Shares such Holder is electing to redeem. Each of the Series G
Preferred Shares subject to redemption by the Company pursuant to this Section 5(b) shall be redeemed by the Company at a price
equal to the greater of (i) the product of (A) the Conversion Amount to be redeemed multiplied by (B) the Redemption Premium
and (ii) the product of (X) the Conversion Rate with respect to the Conversion Amount in effect at such time as such Holder
delivers a Triggering Event Redemption Notice multiplied by (Y) the product of (1) the Redemption Premium multiplied by (2) the
greatest Closing Sale Price of the Common Stock on any Trading Day during the period commencing on the date immediately preceding such
Triggering Event and ending on the date the Company makes the entire payment required to be made under this Section 5(b)  (the
 “Triggering Event Redemption Price”). Redemptions required by this Section 5(b) shall be made in accordance
with the provisions of Section 11. To the extent redemptions required by this Section 5(b) are deemed or determined by
a court of competent jurisdiction to be prepayments of the Series G Preferred Shares by the Company, such redemptions shall be deemed
to be voluntary prepayments. Notwithstanding anything to the contrary in this Section 5(b), but subject to Section 4(d), until
the Triggering Event Redemption Price (together with any Late Charges thereon) is paid in full, the Conversion Amount submitted for redemption
under this Section 5(b)  (together with any Late Charges thereon) may be converted, in whole or in part, by such Holder into
Common Stock pursuant to the terms of this Certificate of Designations. In the event of the Company’s redemption of any of the
Series G Preferred Shares under this Section 5(b), a Holder’s damages would be uncertain and difficult to estimate because
of the parties’ inability to predict future interest rates and the uncertainty of the availability of a suitable substitute investment
opportunity for such Holder. Accordingly, any redemption premium due under this Section 5(b)  is intended by the parties to
be, and shall be deemed, a reasonable estimate of such Holder’s actual loss of its investment opportunity and not as a penalty.
Any redemption upon a Triggering Event shall not constitute an election of remedies by the applicable Holder or any other Holder, and
all other rights and remedies of each Holder shall be preserved.

 

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(c)            Mandatory
Redemption upon Bankruptcy Triggering Event. Notwithstanding anything to the contrary herein, and notwithstanding any conversion
that is then required or in process, upon any Bankruptcy Triggering Event, whether occurring prior to or following the Maturity Date,
the Company shall immediately redeem, in cash, each of the Series G Preferred Shares then outstanding at a redemption price equal
to the applicable Triggering Event Redemption Price (calculated as if such Holder shall have delivered the Triggering Event Redemption
Notice immediately prior to the occurrence of such Bankruptcy Triggering Event), without the requirement for any notice or demand or
other action by any Holder or any other person or entity, provided that a Holder may, in its sole discretion, waive such right to receive
payment upon a Bankruptcy Triggering Event, in whole or in part, and any such waiver shall not affect any other rights of such Holder
or any other Holder hereunder, including any other rights in respect of such Bankruptcy Triggering Event, any right to conversion, and
any right to payment of such Triggering Event Redemption Price or any other Redemption Price, as applicable.

 

6.            Rights
Upon Fundamental Transactions.

 

(a)            Assumption.
The Company shall not enter into or be party to a Fundamental Transaction unless (i) the Successor Entity (if the Successor Entity
is not the Company) assumes in writing all of the obligations of the Company under this Certificate of Designations and the other Transaction
Documents in accordance with the provisions of this Section 6(a) pursuant to written agreements in form and substance satisfactory
to the Required Holders and approved by the Required Holders prior to such Fundamental Transaction, including agreements to deliver to
each holder of Series G Preferred Shares in exchange for such Series G Preferred Shares a security of the Successor Entity
evidenced by a written instrument substantially similar in form and substance to this Certificate of Designations, including, without
limitation, having a stated value and dividend rate equal to the stated value and dividend rate of the Series G Preferred Shares
held by the Holders and having similar ranking to the Series G Preferred Shares, and satisfactory to the Required Holders and (ii) the
Successor Entity (including its Parent Entity) is a publicly traded corporation whose shares of common stock are quoted on or listed
for trading on an Eligible Market. Upon the occurrence of any Fundamental Transaction, the Successor Entity shall succeed to, and be
substituted for (so that from and after the date of such Fundamental Transaction, the provisions of this Certificate of Designations
and the other Transaction Documents referring to the “Company” shall refer instead to the Successor Entity), and may exercise
every right and power of the Company and shall assume all of the obligations of the Company under this Certificate of Designations and
the other Transaction Documents with the same effect as if such Successor Entity had been named as the Company herein and therein. In
addition to the foregoing, upon consummation of a Fundamental Transaction, the Successor Entity (if the Successor Entity is not the Company)
shall deliver to each Holder confirmation that there shall be issued upon conversion or redemption of the Series G Preferred Shares
at any time after the consummation of such Fundamental Transaction, in lieu of the shares of Common Stock (or other securities, cash,
assets or other property (except such items still issuable under Sections 7 and 16, which shall continue to be receivable thereafter))
issuable upon the conversion or redemption of the Series G Preferred Shares prior to such Fundamental Transaction, such shares of
the publicly traded common stock (or their equivalent) of the Successor Entity (including its Parent Entity) which each Holder would
have been entitled to receive upon the happening of such Fundamental Transaction had all the Series G Preferred Shares held by each
Holder been converted immediately prior to such Fundamental Transaction (without regard to any limitations on the conversion of the Series G
Preferred Shares contained in this Certificate of Designations), as adjusted in accordance with the provisions of this Certificate of
Designations. Notwithstanding the foregoing, such Holder may elect, at its sole option, by delivery of written notice to the Company
to waive this Section 6(a) to permit the Fundamental Transaction without the assumption of the Series G Preferred Shares.
The provisions of this Section 6 shall apply similarly and equally to successive Fundamental Transactions and shall be applied without
regard to any limitations on the conversion or redemption of the Series G Preferred Shares.

 

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(b)            Notice
of a Change of Control Redemption Right. No sooner than twenty (20) Trading Days nor later than ten (10) Trading Days prior
to the consummation of a Change of Control (the “Change of Control Date”), but not prior to the public announcement
of such Change of Control, the Company shall deliver written notice thereof via electronic mail and overnight courier to each Holder
(a “Change of Control Notice”). At any time during the period beginning after a Holder’s receipt of a Change
of Control Notice or such Holder becoming aware of a Change of Control if a Change of Control Notice is not delivered to such Holder
in accordance with the immediately preceding sentence (as applicable) and ending on the later of (A) the date of consummation of
such Change of Control or (B) twenty (20) Trading Days after the date of receipt of such Change of Control Notice or (C) twenty
(20) Trading Days after the date of the announcement of such Change of Control, such Holder may require the Company to redeem all or
any portion of such Holder’s Series G Preferred Shares by delivering written notice thereof (“Change of Control Redemption
Notice”) to the Company, which Change of Control Redemption Notice shall indicate the number of Series G Preferred Shares
such Holder is electing to have the Company redeem. Each Series G Preferred Share subject to redemption pursuant to this Section 6(b) shall
be redeemed by the Company in cash at a price equal to the greatest of (i) the product of (w) the Change of Control Redemption
Premium multiplied by (y) the Conversion Amount of the Series G Preferred Shares being redeemed, (ii) the product of (x) the
Change of Control Redemption Premium multiplied by (y) the product of (A) the Conversion Amount of the Series G Preferred
Shares being redeemed multiplied by (B) the quotient determined by dividing (I) the greatest Closing Sale Price of the shares
of Common Stock during the period beginning on the date immediately preceding the earlier to occur of (1) the consummation of the
applicable Change of Control and (2) the public announcement of such Change of Control and ending on the date such Holder delivers
the Change of Control Redemption Notice by (II) the Conversion Price then in effect and (iii) the product of (y) the Change
of Control Redemption Premium multiplied by (z) the product of (A) the Conversion Amount of the Series G Preferred Shares
being redeemed multiplied by (B) the quotient of (I) the aggregate cash consideration and the aggregate cash value of any non-cash
consideration per share of Common Stock to be paid to such holders of the shares of Common Stock upon consummation of such Change of
Control (any such non-cash consideration constituting publicly-traded securities shall be valued at the highest of the Closing Sale Price
of such securities as of the Trading Day immediately prior to the consummation of such Change of Control, the Closing Sale Price of such
securities on the Trading Day immediately following the public announcement of such proposed Change of Control and the Closing Sale Price
of such securities on the Trading Day immediately prior to the public announcement of such proposed Change of Control) divided by (II) the
Conversion Price then in effect (the “Change of Control Redemption Price”). Redemptions required by this Section 6(b) shall
have priority to payments to all other stockholders of the Company in connection with such Change of Control. To the extent redemptions
required by this Section 6(b) are deemed or determined by a court of competent jurisdiction to be prepayments of the Series G
Preferred Shares by the Company, such redemptions shall be deemed to be voluntary prepayments. Notwithstanding anything to the contrary
in this Section 6(b), but subject to Section 4(d), until the applicable Change of Control Redemption Price (together with any
Late Charges thereon) is paid in full to the applicable Holder, the Series G Preferred Shares submitted by such Holder for redemption
under this Section 6(b) may be converted, in whole or in part, by such Holder into Common Stock pursuant to Section 4
or in the event the Conversion Date is after the consummation of such Change of Control, stock or equity interests of the Successor Entity
substantially equivalent to the Company’s shares of Common Stock pursuant to Section 4. In the event of the Company’s
redemption of any of the Series G Preferred Shares under this Section 6(b), such Holder’s damages would be uncertain
and difficult to estimate because of the parties’ inability to predict future interest rates and the uncertainty of the availability
of a suitable substitute investment opportunity for a Holder. Accordingly, any redemption premium due under this Section 6(b) is
intended by the parties to be, and shall be deemed, a reasonable estimate of such Holder’s actual loss of its investment opportunity
and not as a penalty. The Company shall make payment of the applicable Change of Control Redemption Price concurrently with the consummation
of such Change of Control if a Change of Control Redemption Notice is received prior to the consummation of such Change of Control and
within two (2) Trading Days after the Company’s receipt of such notice otherwise (the “Change of Control Redemption
Date”). Redemptions required by this Section 6 shall be made in accordance with the provisions of Section 11.

 

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7.            Rights
Upon Issuance of Purchase Rights and Other Corporate Events.

 

(a)            Purchase
Rights. In addition to any adjustments pursuant to Section 8 and Section 16 below, if at any time the Company grants, issues
or sells any Options, Convertible Securities or rights to purchase stock, warrants, securities or other property pro rata to all or substantially
all of the record holders of any class of Common Stock (the “Purchase Rights”), then each Holder will be entitled
to acquire, upon the terms applicable to such Purchase Rights, the aggregate Purchase Rights which such Holder could have acquired if
such Holder had held the number of shares of Common Stock acquirable upon complete conversion of all the Series G Preferred Shares
(without taking into account any limitations or restrictions on the convertibility of the Series G Preferred Shares and assuming
for such purpose that all the Series G Preferred Shares were converted at the Alternate Conversion Price as of the applicable record
date) held by such Holder immediately prior to the date on which a record is taken for the grant, issuance or sale of such Purchase Rights,
or, if no such record is taken, the date as of which the record holders of shares of Common Stock are to be determined for the grant,
issue or sale of such Purchase Rights (provided, however, to the extent that such Holder’s right to participate in any such Purchase
Right would result in such Holder and the other Attribution Parties exceeding the Maximum Percentage, then such Holder shall not be entitled
to participate in such Purchase Right to such extent of the Maximum Percentage (and shall not be entitled to beneficial ownership of
such shares of Common Stock as a result of such Purchase Right (and beneficial ownership) to such extent of any such excess) and such
Purchase Right to such extent shall be held in abeyance (and, if such Purchase Right has an expiration date, maturity date or other similar
provision, such term shall be extended by such number of days held in abeyance, if applicable) for the benefit of such Holder until such
time or times, if ever, as its right thereto would not result in such Holder and the other Attribution Parties exceeding the Maximum
Percentage, at which time or times such Holder shall be granted such right (and any Purchase Right granted, issued or sold on such initial
Purchase Right or on any subsequent Purchase Right held similarly in abeyance (and, if such Purchase Right has an expiration date, maturity
date or other similar provision, such term shall be extended by such number of days held in abeyance, if applicable)) to the same extent
as if there had been no such limitation).

 

(b)            Other
Corporate Events. In addition to and not in substitution for any other rights hereunder, prior to the consummation of any Fundamental
Transaction pursuant to which holders of shares of Common Stock are entitled to receive securities or other assets with respect to or
in exchange for shares of Common Stock (a “Corporate Event”), the Company shall make appropriate provision to ensure
that each Holder will thereafter have the right, at such Holder’s option, to receive upon a conversion of all the Series G
Preferred Shares held by such Holder (i) in addition to the shares of Common Stock receivable upon such conversion, such securities
or other assets to which such Holder would have been entitled with respect to such shares of Common Stock had such shares of Common Stock
been held by such Holder upon the consummation of such Corporate Event (without taking into account any limitations or restrictions on
the convertibility of the Series G Preferred Shares set forth in this Certificate of Designations) or (ii) in lieu of the shares
of Common Stock otherwise receivable upon such conversion, such securities or other assets received by the holders of shares of Common
Stock in connection with the consummation of such Corporate Event in such amounts as such Holder would have been entitled to receive
had the Series G Preferred Shares held by such Holder initially been issued with conversion rights for the form of such consideration
(as opposed to shares of Common Stock) at a conversion rate for such consideration commensurate with the Conversion Rate. Provision made
pursuant the preceding sentence shall be in a form and substance satisfactory to the Required Holders. The provisions of this Section 7
shall apply similarly and equally to successive Corporate Events and shall be applied without regard to any limitations on the conversion
or redemption of the Series G Preferred Shares set forth in this Certificate of Designations.

 

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8.            Rights
Upon Issuance of Other Securities.

 

(a)            Adjustment
of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Date the Company grants, issues or
sells (or enters into any agreement to grant, issue or sell), or in accordance with this Section 8(a) is deemed to have granted,
issued or sold, any shares of Common Stock (including the granting, issuance or sale of shares of Common Stock owned or held by or for
the account of the Company, but excluding any Excluded Securities granted, issued or sold or deemed to have been granted, issued or sold)
for a consideration per share (the “New Issuance Price”) less than a price equal to the Conversion Price in effect
immediately prior to such granting, issuance or sale or deemed granting, issuance or sale (such Conversion Price then in effect is referred
to herein as the “Applicable Price”) (the foregoing a “Dilutive Issuance”), then, immediately after
such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For all purposes
of the foregoing (including, without limitation, determining the adjusted Conversion Price and the New Issuance Price under this Section 8(a)),
the following shall be applicable:

 

(i) Issuance
of Options. If the Company in any manner grants, issues or sells (or enters into any agreement to grant, issue or sell) any Options
and the lowest price per share for which one share of Common Stock is at any time issuable upon the exercise of any such Option or upon
conversion, exercise or exchange of any Convertible Securities issuable upon exercise of any such Option or otherwise pursuant to the
terms thereof is less than the Applicable Price, then such share of Common Stock shall be deemed to be outstanding and to have been issued
and sold by the Company at the time of the granting, issuance or sale of such Option for such price per share. For purposes of this Section 8(a)(i),
the “lowest price per share for which one share of Common Stock is at any time issuable upon the exercise of any such Option or
upon conversion, exercise or exchange of any Convertible Securities issuable upon exercise of any such Option or otherwise pursuant to
the terms thereof” shall be equal to (1) the lower of (x) the sum of the lowest amounts of consideration (if any) received
or receivable by the Company with respect to any one share of Common Stock upon the granting, issuance or sale of such Option, upon exercise
of such Option and upon conversion, exercise or exchange of any Convertible Security issuable upon exercise of such Option or otherwise
pursuant to the terms thereof and (y) the lowest exercise price set forth in such Option for which one share of Common Stock is
issuable (or may become issuable assuming all possible market conditions) upon the exercise of any such Options or upon conversion, exercise
or exchange of any Convertible Securities issuable upon exercise of any such Option or otherwise pursuant to the terms thereof, minus
(2) the sum of all amounts paid or payable to the holder of such Option (or any other Person) with respect to any one share of Common
Stock upon the granting, issuance or sale of such Option, upon exercise of such Option and upon conversion, exercise or exchange of any
Convertible Security issuable upon exercise of such Option or otherwise pursuant to the terms thereof plus the value of any other consideration
(including, without limitation, consideration consisting of cash, debt forgiveness, assets or any other property) received or receivable
by, or benefit conferred on, the holder of such Option (or any other Person). Except as contemplated below, no further adjustment of
the Conversion Price shall be made upon the actual issuance of such share of Common Stock or of such Convertible Securities upon the
exercise of such Options or otherwise pursuant to the terms thereof or upon the actual issuance of such shares of Common Stock upon conversion,
exercise or exchange of such Convertible Securities.

 

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(ii) Issuance
of Convertible Securities. If the Company in any manner issues or sells (or enters into any agreement to issue or sell) any Convertible
Securities and the lowest price per share for which one share of Common Stock is at any time issuable upon the conversion, exercise or
exchange thereof or otherwise pursuant to the terms thereof is less than the Applicable Price, then such share of Common Stock shall
be deemed to be outstanding and to have been issued and sold by the Company at the time of the issuance or sale (or the time of execution
of such agreement to issue or sell, as applicable) of such Convertible Securities for such price per share. For the purposes of this
Section 8(a)(ii), the “lowest price per share for which one share of Common Stock is at any time issuable upon the conversion,
exercise or exchange thereof or otherwise pursuant to the terms thereof” shall be equal to (1) the lower of (x) the sum
of the lowest amounts of consideration (if any) received or receivable by the Company with respect to one share of Common Stock upon
the issuance or sale (or pursuant to the agreement to issue or sell, as applicable) of the Convertible Security and upon conversion,
exercise or exchange of such Convertible Security or otherwise pursuant to the terms thereof and (y) the lowest conversion price
set forth in such Convertible Security for which one share of Common Stock is issuable (or may become issuable assuming all possible
market conditions) upon conversion, exercise or exchange thereof or otherwise pursuant to the terms thereof minus (2) the sum of
all amounts paid or payable to the holder of such Convertible Security (or any other Person) with respect to any one share of Common
Stock upon the issuance or sale (or the agreement to issue or sell, as applicable) of such Convertible Security plus the value of any
other consideration received or receivable (including, without limitation, any consideration consisting of cash, debt forgiveness, assets
or other property) by, or benefit conferred on, the holder of such Convertible Security (or any other Person). Except as contemplated
below, no further adjustment of the Conversion Price shall be made upon the actual issuance of such shares of Common Stock upon conversion,
exercise or exchange of such Convertible Securities or otherwise pursuant to the terms thereof, and if any such issuance or sale of such
Convertible Securities is made upon exercise of any Options for which adjustment of the Conversion Price has been or is to be made pursuant
to other provisions of this Section 8(a), except as contemplated below, no further adjustment of the Conversion Price shall be made
by reason of such issuance or sale.

 

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(iii) Change
in Option Price or Rate of Conversion. If the purchase or exercise price provided for in any Options, the additional consideration,
if any, payable upon the issue, conversion, exercise or exchange of any Convertible Securities, or the rate at which any Convertible
Securities are convertible into or exercisable or exchangeable for shares of Common Stock increases or decreases at any time (other than
proportional changes in conversion or exercise prices, as applicable, in connection with an event referred to in Section 8(b) below),
the Conversion Price in effect at the time of such increase or decrease shall be adjusted to the Conversion Price which would have been
in effect at such time had such Options or Convertible Securities provided for such increased or decreased purchase price, additional
consideration or increased or decreased conversion rate (as the case may be) at the time initially granted, issued or sold. For purposes
of this Section 8(a)(iii), if the terms of any Option or Convertible Security (including, without limitation, any Option or Convertible
Security that was outstanding as of the Subscription Date) are increased or decreased in the manner described in the immediately preceding
sentence, then such Option or Convertible Security and the shares of Common Stock deemed issuable upon exercise, conversion or exchange
thereof shall be deemed to have been issued as of the date of such increase or decrease. No adjustment pursuant to this Section 8(a) shall
be made if such adjustment would result in an increase of the Conversion Price then in effect.

 

(iv) Calculation
of Consideration Received. If any Option and/or Convertible Security and/or Adjustment Right is issued in connection with the issuance
or sale or deemed issuance or sale of any other securities of the Company (as determined by the Required Holders, the “Primary
Security”, and such Option and/or Convertible Security and/or Adjustment Right, the “Secondary Securities”),
together comprising one integrated transaction (or one or more transactions if such issuances or sales or deemed issuances or sales of
securities of the Company either (A) have at least one investor or purchaser in common, (B) are consummated in reasonable proximity
to each other and/or (C) are consummated under the same plan of financing), the aggregate consideration per share of Common Stock
with respect to such Primary Security shall be deemed to be equal to the difference of (x) the lowest price per share for which
one share of Common Stock was issued (or was deemed to be issued pursuant to Section 8(a)(i) or 8(a)(ii) above, as applicable)
in such integrated transaction solely with respect to such Primary Security, minus (y) with respect to such Secondary Securities,
the sum of (I) the Black Scholes Consideration Value of each such Option, if any, (II) the fair market value (as determined
by the Required Holders in good faith) or the Black Scholes Consideration Value, as applicable, of such Adjustment Right, if any, and
(III) the fair market value (as determined by the Required Holders) of such Convertible Security, if any, in each case, as determined
on a per share basis in accordance with this Section 8(a)(iv). If any shares of Common Stock, Options or Convertible Securities
are issued or sold or deemed to have been issued or sold for cash, the consideration received therefor (for the purpose of determining
the consideration paid for such Common Stock, Option or Convertible Security, but not for the purpose of the calculation of the Black
Scholes Consideration Value) will be deemed to be the net amount of consideration received by the Company therefor. If any shares of
Common Stock, Options or Convertible Securities are issued or sold for a consideration other than cash, the amount of such consideration
received by the Company (for the purpose of determining the consideration paid for such Common Stock, Option or Convertible Security,
but not for the purpose of the calculation of the Black Scholes Consideration Value) will be the fair value of such consideration, except
where such consideration consists of publicly traded securities, in which case the amount of consideration received by the Company for
such securities will be the arithmetic average of the VWAPs of such security for each of the five (5) Trading Days immediately preceding
the date of receipt. If any shares of Common Stock, Options or Convertible Securities are issued to the owners of the non-surviving entity
in connection with any merger in which the Company is the surviving entity, the amount of consideration therefor (for the purpose of
determining the consideration paid for such Common Stock, Option or Convertible Security, but not for the purpose of the calculation
of the Black Scholes Consideration Value) will be deemed to be the fair value of such portion of the net assets and business of the non-surviving
entity as is attributable to such shares of Common Stock, Options or Convertible Securities (as the case may be). The fair value of any
consideration other than cash or publicly traded securities will be determined jointly by the Company and the Required Holders. If such
parties are unable to reach agreement within ten (10) days after the occurrence of an event requiring valuation (the “Valuation
Event”), the fair value of such consideration will be determined within five (5) Trading Days after the tenth (10th)
day following such Valuation Event by an independent, reputable appraiser jointly selected by the Company and the Required Holders. The
determination of such appraiser shall be final and binding upon all parties absent manifest error and the fees and expenses of such appraiser
shall be borne by the Company.

 

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(v) Record
Date. If the Company takes a record of the holders of shares of Common Stock for the purpose of entitling them (A) to receive
a dividend or other distribution payable in shares of Common Stock, Options or in Convertible Securities or (B) to subscribe for
or purchase shares of Common Stock, Options or Convertible Securities, then such record date will be deemed to be the date of the issuance
or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making of such
other distribution or the date of the granting of such right of subscription or purchase (as the case may be).

 

(b)            Adjustment
of Conversion Price upon Subdivision or Combination of Common Stock. Without limiting any provision of Sections 7, 16 or 8(a), if
the Company at any time on or after the Subscription Date subdivides (by any stock split, stock dividend, stock combination, recapitalization
or other similar transaction) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Conversion
Price in effect immediately prior to such subdivision will be proportionately reduced. Without limiting any provision of Sections 7,
16 or 8(a), if the Company at any time on or after the Subscription Date combines (by any stock split, stock dividend, stock combination,
recapitalization or other similar transaction) one or more classes of its outstanding shares of Common Stock into a smaller number of
shares, the Conversion Price in effect immediately prior to such combination will be proportionately increased. Any adjustment pursuant
to this Section 8(b) shall become effective immediately after the effective date of such subdivision or combination. If any
event requiring an adjustment under this Section 8(b) occurs during the period that a Conversion Price is calculated hereunder,
then the calculation of such Conversion Price shall be adjusted appropriately to reflect such event.

 

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(c)            Holder’s
Right of Adjusted Conversion Price. In addition to and not in limitation of the other provisions of this Section 8(b), if the
Company in any manner issues or sells or enters into any agreement to issue or sell, any Common Stock, Options or Convertible Securities
(other than with respect to any Permitted ATM (as defined in the Securities Purchase Agreement) (any such securities, “Variable
Price Securities”) after the Subscription Date that are issuable pursuant to such agreement or convertible into or exchangeable
or exercisable for shares of Common Stock at a price which varies or may vary with the market price of the shares of Common Stock, including
by way of one or more reset(s) to a fixed price, but exclusive of such formulations reflecting customary anti-dilution provisions
(such as share splits, share combinations, share dividends and similar transactions) (each of the formulations for such variable price
being herein referred to as, the “Variable Price”), the Company shall provide written notice thereof via electronic
mail and overnight courier to each Holder on the date of such agreement and/or the issuance of such shares of Common Stock, Convertible
Securities or Options, as applicable. From and after the date the Company enters into such agreement or issues any such Variable Price
Securities (other than with respect to a Permitted ATM), each Holder shall have the right, but not the obligation, in its sole discretion
to substitute the Variable Price for the Conversion Price upon conversion of the Series G Preferred Shares by designating in the
Conversion Notice delivered upon any conversion of Series G Preferred Shares that solely for purposes of such conversion such Holder
is relying on the Variable Price rather than the Conversion Price then in effect. A Holder’s election to rely on a Variable Price
for a particular conversion of Series G Preferred Shares shall not obligate such Holder to rely on a Variable Price for any future
conversions of Series G Preferred Shares.

 

(d)            Stock
Combination Event Adjustments. If at any time and from time to time on or after the Subscription Date there occurs any stock split,
stock dividend, stock combination recapitalization or other similar transaction involving the Common Stock (each, a “Stock Combination
Event”, and such date thereof, the “Stock Combination Event Date”) and the Event Market Price is less than
the Conversion Price then in effect (after giving effect to the adjustment in Section 8(b) above), then on the sixteenth (16th)
Trading Day immediately following such Stock Combination Event Date, the Conversion Price then in effect on such sixteenth (16th) Trading
Day (after giving effect to the adjustment in Section 8(b) above) shall be reduced (but in no event increased) to the Event
Market Price. For the avoidance of doubt, if the adjustment in the immediately preceding sentence would otherwise result in an increase
in the Conversion Price hereunder, no adjustment shall be made.

 

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(e)            Other
Events. In the event that the Company (or any Subsidiary) shall take any action to which the provisions hereof are not strictly applicable,
or, if applicable, would not operate to protect any Holder from dilution or if any event occurs of the type contemplated by the provisions
of this Section 8 but not expressly provided for by such provisions (including, without limitation, the granting of stock appreciation
rights, phantom stock rights or other rights with equity features), then the Board shall in good faith determine and implement an appropriate
adjustment in the Conversion Price so as to protect the rights of such Holder, provided that no such adjustment pursuant to this Section 8(e) will
increase the Conversion Price as otherwise determined pursuant to this Section 8, provided further that if such Holder does not
accept such adjustments as appropriately protecting its interests hereunder against such dilution, then the Board and such Holder shall
agree, in good faith, upon an independent investment bank of nationally recognized standing to make such appropriate adjustments, whose
determination shall be final and binding absent manifest error and whose fees and expenses shall be borne by the Company.

 

(f)            Calculations.
All calculations under this Section 8 shall be made by rounding to the nearest cent or the nearest 1/100th of a share,
as applicable. The number of shares of Common Stock outstanding at any given time shall not include shares owned or held by or for the
account of the Company, and the disposition of any such shares shall be considered an issue or sale of Common Stock.

 

(g)            Adjustments.

 

(i)            Effective
Date Adjustment. If immediately following the close of business on the Effective Date (as defined in the Registration Rights Agreement)
of each Registration Statement (as defined in the Registration Rights Agreement) filed pursuant to the Registration Rights Agreement
(each, an “Effective Date Adjustment Date”), if the Conversion Price then in effect exceeds the Market Price as of
such Effective Date Adjustment Date (the “Effective Date Adjusted Conversion Price”), the Conversion Price hereunder
shall be automatically reduced to the Effective Date Adjusted Conversion Price.

 

(ii)            Three
Month Anniversary Adjustment. If immediately following the close of business on the three month anniversary of the Initial Issuance
Date (the “Three Month Adjustment Date”), if the Conversion Price then in effect exceeds the Market Price as of such
Three Month Adjustment Date (the “Three Month Adjusted Conversion Price”), the Conversion Price hereunder shall be
automatically reduced to the Three Month Adjusted Conversion Price.

 

(iii)            Six
Month Anniversary Adjustment. Six Month Anniversary Adjustment. If immediately following the close of business on the six month anniversary
of the Initial Issuance Date (the “Six Month Adjustment Date”), if the Conversion Price then in effect exceeds the
Market Price as of such Six Month Adjustment Date (the “Six Month Adjusted Conversion Price”), the Conversion Price
hereunder shall be automatically reduced to the Six Month Adjusted Conversion Price.

 

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(iv)            Nine
Month Anniversary Adjustment. Nine Month Anniversary Adjustment. If immediately following the close of business on the nine month
anniversary of the Initial Issuance (the “Nine Month Adjustment Date”), if the Conversion Price then in effect exceeds
the Market Price as of such Nine Month Adjustment Date (the “Nine Month Adjusted Conversion Price”), the Conversion
Price hereunder shall be automatically reduced to the Nine Month Adjusted Conversion Price.

 

(v)            Twelve
Month Anniversary Adjustment. Twelve Month Anniversary Adjustment. If immediately following the close of business on the twelve month
anniversary of the Initial Issuance Date (the “Twelve Month Adjustment Date”, and together with the Effective Date
Adjustment Date, Three Month Adjustment Date, the Six Month Adjustment Date and the Nine Month Adjustment Date, each an “Adjustment
Date”), if the Conversion Price then in effect exceeds the Market Price as of such Twelve Month Adjustment Date (the “Twelve
Month Adjusted Conversion Price”, and together with the Effective Date Adjusted Conversion Price, Three Month Adjusted Conversion
Price, Six Month Adjusted Conversion Price and the Twelve Month Adjusted Conversion Price, the “Adjusted Conversion Price”),
the Conversion Price hereunder shall be automatically reduced to the Twelve Month Adjusted Conversion Price.

 

Notwithstanding the foregoing, if the
Company has not obtained both (x) the Stockholder Approval (as defined in the Securities Purchase Agreement) and (y) the consummation
of the Harp Transaction, as applicable, prior to an Adjustment Date, unless waived in writing by the Required Holders, such Adjustment
Date and each subsequent Adjustment Date shall be extended by a calendar day for each day thereafter that either the Stockholder Approval
has not been obtained and/or the Harp Transaction has not been consummated, as applicable.

 

(h)            Voluntary
Adjustment by Company. Subject to the rules and regulations of the Principal Market, the Company may at any time any Series G
Preferred Shares remain outstanding, with the prior written consent of the Required Holders, reduce the then current Conversion Price
to any amount and for any period of time deemed appropriate by the Board.

 

9.            Noncircumvention.
The Company hereby covenants and agrees that the Company will not, by amendment of its Certificate of Incorporation (as defined in the
Securities Purchase Agreement), Bylaws (as defined in the Securities Purchase Agreement) or through any reorganization, transfer of assets,
consolidation, merger, scheme of arrangement, dissolution, issue or sale of securities, or any other voluntary action, avoid or seek
to avoid the observance or performance of any of the terms of this Certificate of Designations, and will at all times in good faith carry
out all the provisions of this Certificate of Designations and take all action as may be required to protect the rights of the Holders
hereunder. Without limiting the generality of the foregoing or any other provision of this Certificate of Designations or the other Transaction
Documents, the Company (a) shall not increase the par value of any shares of Common Stock receivable upon the conversion of any
Series G Preferred Shares above the Conversion Price then in effect, (b) shall take all such actions as may be necessary or
appropriate in order that the Company may validly and legally issue fully paid and non-assessable shares of Common Stock upon the conversion
of Series G Preferred Shares and (c) shall, so long as any Series G Preferred Shares are outstanding, take all action
necessary to reserve and keep available out of its authorized and unissued shares of Common Stock, solely for the purpose of effecting
the conversion of the Series G Preferred Shares, the maximum number of shares of Common Stock as shall from time to time be necessary
to effect the conversion of the Series G Preferred Shares then outstanding (without regard to any limitations on conversion contained
herein). Notwithstanding anything herein to the contrary, if after the sixty (60) calendar day anniversary of the Initial Issuance Date,
each Holder is not permitted to convert such Holder’s Series G Preferred Shares in full for any reason (other than pursuant
to restrictions set forth in Section 4(d) hereof), the Company shall use its best efforts to promptly remedy such failure,
including, without limitation, obtaining such consents or approvals as necessary to effect such conversion into shares of Common Stock.

 

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10.            Authorized
Shares.

 

(a)            Reservation.
So long as any Series G Preferred Shares remain outstanding, the Company shall at all times reserve at least (x) prior to the
Stockholder Approval Date (as defined in the Securities Purchase Agreement), no shares of Common Stock and (y) from and after the
Stockholder Approval Date, 250% of the aggregate number of shares of Common Stock as shall from time to time be necessary to effect the
conversion, including without limitation, any Alternate Conversions, of all of the Series G Preferred Shares then outstanding at
the Conversion Price then in effect (without regard to any limitations on conversions and assuming the Series G Preferred Shares
remain outstanding until the Maturity Date) (the “Required Reserve Amount”). The Required Reserve Amount (including,
without limitation, each increase in the number of shares so reserved) shall be allocated pro rata among the Holders based on the number
of the Series G Preferred Shares held by each Holder on the Initial Issuance Date or increase in the number of reserved shares,
as the case may be (the “Authorized Share Allocation”). In the event that a Holder shall sell or otherwise transfer
any of such Holder’s Series G Preferred Shares, each transferee shall be allocated a pro rata portion of such Holder’s
Authorized Share Allocation. Any shares of Common Stock reserved and allocated to any Person which ceases to hold any Series G Preferred
Shares shall be allocated to the remaining Holders of Series G Preferred Shares, pro rata based on the number of the Series G
Preferred Shares then held by the Holders.

 

(b)            Insufficient
Authorized Shares. If, notwithstanding Section 10(a) and not in limitation thereof, at any time while any of the Series G
Preferred Shares remain outstanding the Company does not have a sufficient number of authorized and unreserved shares of Common Stock
to satisfy its obligation to reserve for issuance upon conversion of the Series G Preferred Shares at least a number of shares of
Common Stock equal to the Required Reserve Amount (an “Authorized Share Failure”), then the Company shall immediately
take all action necessary to increase the Company’s authorized shares of Common Stock to an amount sufficient to allow the Company
to reserve the Required Reserve Amount for the Series G Preferred Shares then outstanding (or deemed outstanding pursuant to Section 10(a) above).
Without limiting the generality of the foregoing sentence, as soon as practicable after the date of the occurrence of an Authorized Share
Failure, but in no event later than sixty (60) days after the occurrence of such Authorized Share Failure, the Company shall hold a meeting
of its stockholders for the approval of an increase in the number of authorized shares of Common Stock. In connection with such meeting,
the Company shall provide each stockholder with a proxy statement and shall use its best efforts to solicit its stockholders’ approval
of such increase in authorized shares of Common Stock and to cause its board of directors to recommend to the stockholders that they
approve such proposal (or, if a majority of the voting power then in effect of the capital stock of the Company consents to such increase,
in lieu of such proxy statement, deliver to the stockholders of the Company an information statement that has been filed with (and either
approved by or not subject to comments from) the SEC with respect thereto). In the event that the Company is prohibited from issuing
shares of Common Stock to a Holder upon any conversion due to the failure by the Company to have sufficient shares of Common Stock available
out of the authorized but unissued shares of Common Stock (such unavailable number of shares of Common Stock, the “Authorized
Failure Shares”), in lieu of delivering such Authorized Failure Shares to such Holder, the Company shall pay cash in exchange
for the redemption of such portion of the Conversion Amount of the Series G Preferred Shares convertible into such Authorized Failure
Shares at a price equal to the sum of (i) the product of (x) such number of Authorized Failure Shares and (y) the greatest
Closing Sale Price of the Common Stock on any Trading Day during the period commencing on the date such Holder delivers the applicable
Conversion Notice with respect to such Authorized Failure Shares to the Company and ending on the date of such issuance and payment under
this Section 10(a); and (ii) to the extent such Holder purchases (in an open market transaction or otherwise) shares of Common
Stock to deliver in satisfaction of a sale by such Holder of Authorized Failure Shares, any brokerage commissions and other out-of-pocket
expenses, if any, of such Holder incurred in connection therewith. Nothing contained in Section 10(a)  or this Section 10(b) shall
limit any obligations of the Company under any provision of the Securities Purchase Agreement.

 

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11.            Redemptions.

 

(a)            General.
If a Holder has submitted a Triggering Event Redemption Notice in accordance with Section 5(b), the Company shall deliver the applicable
Triggering Event Redemption Price to such Holder in cash within five (5) Business Days after the Company’s receipt of such
Holder’s Triggering Event Redemption Notice. If a Holder has submitted a Change of Control Redemption Notice in accordance with
Section 6(b), the Company shall deliver the applicable Change of Control Redemption Price to such Holder in cash concurrently with
the consummation of such Change of Control if such notice is received prior to the consummation of such Change of Control and within
five (5) Business Days after the Company’s receipt of such notice otherwise. If a Holder has submitted a Maturity Redemption
Notice in accordance with Section 12 below, the Company shall deliver the applicable Maturity Redemption Price to such Holder in
cash on the applicable Maturity Redemption Date. Notwithstanding anything herein to the contrary, in connection with any redemption hereunder
at a time a Holder is entitled to receive a cash payment under any of the other Transaction Documents, at the option of such Holder delivered
in writing to the Company, the applicable Redemption Price hereunder shall be increased by the amount of such cash payment owed to such
Holder under such other Transaction Document and, upon payment in full or conversion in accordance herewith, shall satisfy the Company’s
payment obligation under such other Transaction Document. In the event of a redemption of less than all of the Series G Preferred
Shares, the Company shall promptly cause to be issued and delivered to such Holder a new Series G Preferred Share Certificate (in
accordance with Section 19) (or evidence of the creation of a new Book-Entry) representing the number of Series G Preferred
Shares which have not been redeemed. In the event that the Company does not pay the applicable Redemption Price to a Holder within the
time period required for any reason (including, without limitation, to the extent such payment is prohibited pursuant to the DGCL), at
any time thereafter and until the Company pays such unpaid Redemption Price in full, such Holder shall have the option, in lieu of redemption,
to require the Company to promptly return to such Holder all or any of the Series G Preferred Shares that were submitted for redemption
and for which the applicable Redemption Price (together with any Late Charges thereon) has not been paid. Upon the Company’s receipt
of such notice, (x) the applicable Redemption Notice shall be null and void with respect to such Series G Preferred Shares,
(y) the Company shall immediately return the applicable Series G Preferred Share Certificate, or issue a new Series G
Preferred Share Certificate (in accordance with Section 19(d)), to such Holder (unless the Series G Preferred Shares are held
in Book-Entry form, in which case the Company shall deliver evidence to such Holder that a Book-Entry for such Series G Preferred
Shares then exists), and in each case the Additional Amount of such Series G Preferred Shares shall be increased by an amount equal
to the difference between (1) the applicable Redemption Price (as the case may be, and as adjusted pursuant to this Section 11,
if applicable) minus (2) the Stated Value portion of the Conversion Amount submitted for redemption and (z) the Conversion
Price of such Series G Preferred Shares shall be automatically adjusted with respect to each conversion effected thereafter by such
Holder to the lowest of (A) the Conversion Price as in effect on the date on which the applicable Redemption Notice is voided, (B) 75%
of the lowest Closing Bid Price of the Common Stock during the period beginning on and including the date on which the applicable Redemption
Notice is delivered to the Company and ending on and including the date on which the applicable Redemption Notice is voided and (C) 75%
of the quotient of (I) the sum of the five (5) lowest VWAPs of the Common Stock during the twenty (20) consecutive Trading
Day period ending and including the Trading Day immediately preceding the applicable Conversion Date divided by (II) five (5) (it
being understood and agreed that all such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination
or other similar transaction during such period). A Holder’s delivery of a notice voiding a Redemption Notice and exercise of its
rights following such notice shall not affect the Company’s obligations to make any payments of Late Charges which have accrued
prior to the date of such notice with respect to the Series G Preferred Shares subject to such notice.

 

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(b)            Redemption
by Multiple Holders. Upon the Company’s receipt of a Redemption Notice from any Holder for redemption or repayment as a result
of an event or occurrence substantially similar to the events or occurrences described in Section 5(b) or Section 6(b),
the Company shall immediately, but no later than one (1) Business Day of its receipt thereof, forward to each other Holder by electronic
mail a copy of such notice. If the Company receives one or more Redemption Notices, during the seven (7) Business Day period beginning
on and including the date which is two (2) Business Days prior to the Company’s receipt of the initial Redemption Notice and
ending on and including the date which is two (2) Business Days after the Company’s receipt of the initial Redemption Notice
and the Company is unable to redeem all of the Conversion Amount of such Series G Preferred Shares designated in such initial Redemption
Notice and such other Redemption Notices received during such seven (7) Business Day period, then the Company shall redeem a pro
rata amount from each Holder based on the Stated Value of the Series G Preferred Shares submitted for redemption pursuant to such
Redemption Notices received by the Company during such seven (7) Business Day period.

 

(c)            Redemptions
While Permitted Senior Indebtedness is Outstanding. At any time any Permitted Senior Indebtedness remains outstanding, any redemption
required by any Holder in accordance with this Section 11 shall not be permitted to be satisfied with respect to such Holder in
cash until such time as no Permitted Senior Indebtedness remains outstanding; provided, that (x) such prohibition shall not be deemed
to be an extension, forbearance, waiver or other modification of the due date of such payment pursuant to the applicable Redemption Notice
and the failure to timely pay such amount in cash when due hereunder (notwithstanding such prohibition in this Section 11(c)) shall
still result in a Triggering Event hereunder pursuant to Section 5(a)(vii) and the right to effect Alternate Conversions in
accordance with Section 4(e) hereunder shall thereafter be available to such Holder hereunder.

 

12.            Holder
Optional Redemption after Maturity Date. At any time from and after the tenth (10th) Business Day prior to the Maturity Date, any
Holder may require the Company to redeem (a “Maturity Redemption”) all or any number of Series G Preferred Shares
held by such Holder at a purchase price equal to 100% of the Conversion Amount of such Series G Preferred Shares (the “Maturity
Redemption Price”) by delivery of written notice thereof (the “Maturity Redemption Notice”) to the Company.
The Maturity Redemption Notice shall state the date the Company is required to pay to such Holder such Maturity Redemption Price (the
 “Maturity Redemption Date”), which date shall be no earlier than ten (10) Business Days following the date of
delivery of such Maturity Redemption Notice. Redemptions required by this Section 12 shall be made in accordance with the provisions
of Section 11.

 

13.            Voting
Rights. Holders of Series G Preferred Shares shall have no voting rights, except as required by law (including without limitation,
the DGCL) and as expressly provided in this Certificate of Designations. To the extent that under the DGCL the vote of the holders of
the Series G Preferred Shares, voting separately as a class or series, as applicable, is required to authorize a given action of
the Company, the affirmative vote or consent of the Required Holders of the shares of the Series G Preferred Shares, voting together
in the aggregate and not in separate series unless required under the DGCL, represented at a duly held meeting at which a quorum is presented
or by written consent of the Required Holders (except as otherwise may be required under the DGCL), voting together in the aggregate
and not in separate series unless required under the DGCL, shall constitute the approval of such action by both the class or the series,
as applicable. Subject to Section 4(d), to the extent that under the DGCL holders of the Series G Preferred Shares are entitled
to vote on a matter with holders of shares of Common Stock, voting together as one class, each Series G Preferred Share shall entitle
the holder thereof to cast that number of votes per share as is equal to the number of shares of Common Stock into which it is then convertible
(subject to the ownership limitations specified in Section 4(d) hereof) using the record date for determining the stockholders
of the Company eligible to vote on such matters as the date as of which the Conversion Price is calculated. Holders of the Series G
Preferred Shares shall be entitled to written notice of all stockholder meetings or written consents (and copies of proxy materials and
other information sent to stockholders) with respect to which they would be entitled to vote, which notice would be provided pursuant
to the Company’s bylaws and the DGCL.

 

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14.            Covenants.
For so long as any Series G Preferred Shares are outstanding, without the prior written consent of the Required Holders:

 

(a)            Incurrence
of Indebtedness. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, incur
or guarantee, assume or suffer to exist any Indebtedness (other than Permitted Indebtedness).

 

(b)            Existence
of Liens. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, allow or suffer
to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts
and contract rights) owned by the Company or any of its Subsidiaries (collectively, “Liens”) other than Permitted
Liens.

 

(c)            Restricted
Payments and Investments. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly,
redeem, defease, repurchase, repay or make any payments in respect of, by the payment of cash or cash equivalents (in whole or in part,
whether by way of open market purchases, tender offers, private transactions or otherwise), all or any portion of any Indebtedness (other
pursuant to this Certificate of Designations, the Permitted Commercial Loan or the Permitted Senior Indebtedness) whether by way of payment
in respect of principal of (or premium, if any) or interest on, such Indebtedness or make any Investment, as applicable, applicable,
is due or is otherwise made or, after giving effect to such payment, (i) an event constituting a Triggering Event has occurred and
is continuing or (ii) an event that with the passage of time and without being cured would constitute a Triggering Event has occurred
and is continuing.

 

(d)            Restriction
on Redemption and Cash Dividends. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or
indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on any of its capital stock (other than as required
by the Certificate of Designations).

 

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(e)            Restriction
on Transfer of Assets. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly,
sell, lease, license, assign, transfer, spin-off, split-off, close, convey or otherwise dispose of any assets or rights of the Company
or any Subsidiary owned or hereafter acquired whether in a single transaction or a series of related transactions, other than (i) sales,
leases, licenses, assignments, transfers, conveyances and other dispositions of such assets or rights by the Company and its Subsidiaries
in the ordinary course of business consistent with its past practice and (ii) sales of inventory and product in the ordinary course
of business.

 

(f)            Maturity
of Indebtedness. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, permit
any Indebtedness of the Company or any of its Subsidiaries to mature or accelerate prior to the Maturity Date.

 

(g)            Change
in Nature of Business. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly,
engage in any material line of business substantially different from those lines of business conducted by or publicly contemplated to
be conducted by the Company and each of its Subsidiaries on the Subscription Date or any business substantially related or incidental
thereto. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, modify its or their
corporate structure or purpose.

 

(h)            Preservation
of Existence, Etc. The Company shall maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, its existence,
rights and privileges, and become or remain, and cause each of its Subsidiaries to become or remain, duly qualified and in good standing
in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes
such qualification necessary.

 

(i)            Maintenance
of Properties, Etc. The Company shall maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, all of
its properties which are necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear
and tear excepted, and comply, and cause each of its Subsidiaries to comply, at all times with the provisions of all leases to which
it is a party as lessee or under which it occupies property, so as to prevent any loss or forfeiture thereof or thereunder.

 

(j)            Maintenance
of Intellectual Property. The Company will, and will cause each of its Subsidiaries to, take all action necessary or advisable to
maintain all of the Intellectual Property Rights of the Company and/or any of its Subsidiaries that are necessary or material to the
conduct of its business in full force and effect.

 

(k)            Maintenance
of Insurance. The Company shall maintain, and cause each of its Subsidiaries to maintain, insurance with responsible and reputable
insurance companies or associations (including, without limitation, comprehensive general liability, hazard, rent and business interruption
insurance) with respect to its properties (including all real properties leased or owned by it) and business, in such amounts and covering
such risks as is required by any governmental authority having jurisdiction with respect thereto or as is carried generally in accordance
with sound business practice by companies in similar businesses similarly situated.

 

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(l)            Transactions
with Affiliates. The Company shall not, nor shall it permit any of its Subsidiaries to, enter into, renew, extend or be a party to,
any transaction or series of related transactions (including, without limitation, the purchase, sale, lease, transfer or exchange of
property or assets of any kind or the rendering of services of any kind) with any affiliate, except transactions in the ordinary course
of business in a manner and to an extent consistent with past practice and necessary or desirable for the prudent operation of its business,
for fair consideration and on terms no less favorable to it or its Subsidiaries than would be obtainable in a comparable arm’s
length transaction with a Person that is not an affiliate thereof.

 

(m)            Restricted
Issuances. The Company shall not, directly or indirectly, without the prior written consent of the Required Holders, (i) issue
any Series G Preferred Shares (other than as contemplated by the Securities Purchase Agreement, the Preferred Warrants and this
Certificate of Designations) or (ii) issue any other securities that would cause a breach or default under this Certificate of Designations,
the Preferred Warrants or the Common Warrants.

 

(n)            Stay,
Extension and Usury Laws. To the extent that it may lawfully do so, the Company (A) agrees that it will not at any time insist
upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law (wherever or whenever
enacted or in force) that may affect the covenants or the performance of this Certificate of Designations; and (B) expressly waives
all benefits or advantages of any such law and agrees that it will not, by resort to any such law, hinder, delay or impede the execution
of any power granted to the Holders by this Certificate of Designations, but will suffer and permit the execution of every such power
as though no such law has been enacted.

 

(o)            Taxes.
The Company and its Subsidiaries shall pay when due all taxes, fees or other charges of any nature whatsoever (together with any related
interest or penalties) now or hereafter imposed or assessed against the Company and its Subsidiaries or their respective assets or upon
their ownership, possession, use, operation or disposition thereof or upon their rents, receipts or earnings arising therefrom (except
where the failure to pay would not, individually or in the aggregate, have a material effect on the Company or any of its Subsidiaries).
The Company and its Subsidiaries shall file on or before the due date therefor all personal property tax returns (except where the failure
to file would not, individually or in the aggregate, have a material effect on the Company or any of its Subsidiaries). Notwithstanding
the foregoing, the Company and its Subsidiaries may contest, in good faith and by appropriate proceedings, taxes for which they maintain
adequate reserves therefor in accordance with GAAP.

 

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(p)            Independent
Investigation. At the request of any Holder either (x) at any time when a Triggering Event has occurred and is continuing, (y) upon
the occurrence of an event that with the passage of time or giving of notice would constitute a Triggering Event or (z) at any time
such Holder reasonably believes a Triggering Event may have occurred or be continuing, the Company shall hire an independent, reputable
investment bank selected by the Company and approved by such Holder to investigate as to whether any breach of the Certificate of Designations
has occurred (the “Independent Investigator”). If the Independent Investigator determines that such breach of the
Certificate of Designations has occurred, the Independent Investigator shall notify the Company of such breach and the Company shall
deliver written notice to each Holder of such breach. In connection with such investigation, the Independent Investigator may, during
normal business hours, inspect all contracts, books, records, personnel, offices and other facilities and properties of the Company and
its Subsidiaries and, to the extent available to the Company after the Company uses reasonable efforts to obtain them, the records of
its legal advisors and accountants (including the accountants’ work papers) and any books of account, records, reports and other
papers not contractually required of the Company to be confidential or secret, or subject to attorney-client or other evidentiary privilege,
and the Independent Investigator may make such copies and inspections thereof as the Independent Investigator may reasonably request.
The Company shall furnish the Independent Investigator with such financial and operating data and other information with respect to the
business and properties of the Company as the Independent Investigator may reasonably request. The Company shall permit the Independent
Investigator to discuss the affairs, finances and accounts of the Company with, and to make proposals and furnish advice with respect
thereto to, the Company’s officers, directors, key employees and independent public accountants or any of them (and by this provision
the Company authorizes said accountants to discuss with such Independent Investigator the finances and affairs of the Company and any
Subsidiaries), all at such reasonable times, upon reasonable notice, and as often as may be reasonably requested.

 

15.            Liquidation,
Dissolution, Winding-Up. In the event of a Liquidation Event, the Holders shall be entitled to receive in cash out of the assets
of the Company, whether from capital or from earnings available for distribution to its stockholders (the “Liquidation Funds”),
before any amount shall be paid to the holders of any of shares of Junior Stock, but pari passu with any Parity Stock then outstanding,
an amount per Series G Preferred Share equal to the sum of (i) the Black Scholes Value (as defined in the Common Warrants)
with respect to the outstanding portion of all Common Warrants held by such Holder (without regard to any limitations on the exercise
thereof) as of the date of such event and (ii) the greater of (A) 125% of the Conversion Amount of such Series G Preferred
Share on the date of such payment and (B) the amount per share such Holder would receive if such Holder converted such Series G
Preferred Share into Common Stock immediately prior to the date of such payment, provided that if the Liquidation Funds are insufficient
to pay the full amount due to the Holders and holders of shares of Parity Stock, then each Holder and each holder of Parity Stock shall
receive a percentage of the Liquidation Funds equal to the full amount of Liquidation Funds payable to such Holder and such holder of
Parity Stock as a liquidation preference, in accordance with their respective certificate of designations (or equivalent), as a percentage
of the full amount of Liquidation Funds payable to all holders of Series G Preferred Shares and all holders of shares of Parity
Stock. To the extent necessary, the Company shall cause such actions to be taken by each of its Subsidiaries so as to enable, to the
maximum extent permitted by law, the proceeds of a Liquidation Event to be distributed to the Holders in accordance with this Section 15.
All the preferential amounts to be paid to the Holders under this Section 15 shall be paid or set apart for payment before the payment
or setting apart for payment of any amount for, or the distribution of any Liquidation Funds of the Company to the holders of shares
of Junior Stock in connection with a Liquidation Event as to which this Section 15 applies. Upon payment in full of the Black-Scholes
Value (as defined in the Common Warrants) of such Common Warrants pursuant to this Section 15, such Common Warrants shall be deemed
repurchased by the Company and no longer exercisable.

 

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16.            Distribution
of Assets. In addition to any adjustments pursuant to Section 7(a) and Section 8, if the Company shall declare or
make any dividend or other distributions of its assets (or rights to acquire its assets) to any or all holders of shares of Common Stock,
by way of return of capital or otherwise (including without limitation, any distribution of cash, stock or other securities, property
or options by way of a dividend, spin off, reclassification, corporate rearrangement, scheme of arrangement or other similar transaction)
(the “Distributions”), then each Holder, as holders of Series G Preferred Shares, will be entitled to such Distributions
as if such Holder had held the number of shares of Common Stock acquirable upon complete conversion of the Series G Preferred Shares
(without taking into account any limitations or restrictions on the convertibility of the Series G Preferred Shares and assuming
for such purpose that the Series G Preferred Share was converted at the Alternate Conversion Price as of the applicable record date)
immediately prior to the date on which a record is taken for such Distribution or, if no such record is taken, the date as of which the
record holders of Common Stock are to be determined for such Distributions (provided, however, that to the extent that
such Holder’s right to participate in any such Distribution would result in such Holder and the other Attribution Parties exceeding
the Maximum Percentage, then such Holder shall not be entitled to participate in such Distribution to such extent of the Maximum Percentage
(and shall not be entitled to beneficial ownership of such shares of Common Stock as a result of such Distribution (and beneficial ownership)
to such extent of any such excess) and the portion of such Distribution shall be held in abeyance for the benefit of such Holder until
such time or times as its right thereto would not result in such Holder and the other Attribution Parties exceeding the Maximum Percentage,
at which time or times, if any, such Holder shall be granted such Distribution (and any Distributions declared or made on such initial
Distribution or on any subsequent Distribution held similarly in abeyance) to the same extent as if there had been no such limitation).

 

17.            Vote
to Change the Terms of or Issue Series G Preferred Shares. In addition to any other rights provided by law, except where the
vote or written consent of the holders of a greater number of shares is required by law or by another provision of the Certificate of
Incorporation, without first obtaining the affirmative vote at a meeting duly called for such purpose or the written consent without
a meeting of the Required Holders, voting together as a single class, the Company shall not: (a) amend or repeal any provision of,
or add any provision to, its Certificate of Incorporation or bylaws, or file any certificate of designations or articles of amendment
of any series of shares of preferred stock, if such action would adversely alter or change in any respect the preferences, rights, privileges
or powers, or restrictions provided for the benefit of the Series G Preferred Shares hereunder, regardless of whether any such action
shall be by means of amendment to the Certificate of Incorporation or by merger, consolidation or otherwise; (b) increase or decrease
(other than by conversion) the authorized number of Series G Preferred Shares; (c) without limiting any provision of Section 2,
create or authorize (by reclassification or otherwise) any new class or series of Senior Preferred Stock, Parity Stock or other preferred
stock of the Company; (d) purchase, repurchase or redeem any shares of Junior Stock (other than pursuant to the terms of the Company’s
equity incentive plans and options and other equity awards granted under such plans (that have in good faith been approved by the Board));
(e) without limiting any provision of Section 2, pay dividends or make any other distribution on any shares of any Junior Stock;
(f) issue any Series G Preferred Shares other than as contemplated hereby or pursuant to the Securities Purchase Agreement;
or (g) without limiting any provision of Section 9, whether or not prohibited by the terms of the Series G Preferred Shares,
circumvent a right of the Series G Preferred Shares hereunder.

 

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18.            Transfer
of Series G Preferred Shares. Subject to Section 2(g) of the Securities Purchase Agreement, a Holder may transfer
some or all of its Series G Preferred Shares without the consent of the Company.

 

19.            Reissuance
of Series G Preferred Share Certificates and Book Entries.

 

(a)            Transfer.
If any Series G Preferred Shares are to be transferred, the applicable Holder shall surrender the applicable Series G Preferred
Share Certificate to the Company (or, if the Series G Preferred Shares are held in Book-Entry form, a written instruction letter
to the Company), whereupon the Company will forthwith issue and deliver upon the order of such Holder a new Series G Preferred Share
Certificate (in accordance with Section 19(d)) (or evidence of the transfer of such Book-Entry), registered as such Holder may request,
representing the outstanding number of Series G Preferred Shares being transferred by such Holder and, if less than the entire outstanding
number of Series G Preferred Shares is being transferred, a new Series G Preferred Share Certificate (in accordance with Section 19(d))
to such Holder representing the outstanding number of Series G Preferred Shares not being transferred (or evidence of such remaining
Series G Preferred Shares in a Book-Entry for such Holder). Such Holder and any assignee, by acceptance of the Series G Preferred
Share Certificate or evidence of Book-Entry issuance, as applicable, acknowledge and agree that, by reason of the provisions of Section 4(c)(i) following
conversion or redemption of any of the Series G Preferred Shares, the outstanding number of Series G Preferred Shares represented
by the Series G Preferred Shares may be less than the number of Series G Preferred Shares stated on the face of the Series G
Preferred Shares.

 

(b)            Lost,
Stolen or Mutilated Series G Preferred Share Certificate. Upon receipt by the Company of evidence reasonably satisfactory to
the Company of the loss, theft, destruction or mutilation of a Series G Preferred Share Certificate (as to which a written certification
and the indemnification contemplated below shall suffice as such evidence), and, in the case of loss, theft or destruction, of any indemnification
undertaking by the applicable Holder to the Company in customary and reasonable form and, in the case of mutilation, upon surrender and
cancellation of such Series G Preferred Share Certificate, the Company shall execute and deliver to such Holder a new Series G
Preferred Share Certificate (in accordance with Section 19(d)) representing the applicable outstanding number of Series G Preferred
Shares.

 

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(c)            Series G
Preferred Share Certificate and Book-Entries Exchangeable for Different Denominations and Forms. Each Series G Preferred Share
Certificate is exchangeable, upon the surrender hereof by the applicable Holder at the principal office of the Company, for a new Series G
Preferred Share Certificate or Series G Preferred Share Certificate(s) or new Book-Entry (in accordance with Section 19(d))
representing, in the aggregate, the outstanding number of the Series G Preferred Shares in the original Series G Preferred
Share Certificate, and each such new Series G Preferred Share Certificate and/or new Book-Entry, as applicable, will represent such
portion of such outstanding number of Series G Preferred Shares from the original Series G Preferred Share Certificate as is
designated in writing by such Holder at the time of such surrender. Each Book-Entry may be exchanged into one or more new Series G
Preferred Share Certificates or split by the applicable Holder by delivery of a written notice to the Company into two or more new Book-Entries
(in accordance with Section 19(d)) representing, in the aggregate, the outstanding number of the Series G Preferred Shares
in the original Book-Entry, and each such new Book-Entry and/or new Series G Preferred Share Certificate, as applicable, will represent
such portion of such outstanding number of Series G Preferred Shares from the original Book-Entry as is designated in writing by
such Holder at the time of such surrender.

 

(d)            Issuance
of New Series G Preferred Share Certificate or Book-Entry. Whenever the Company is required to issue a new Series G Preferred
Share Certificate or a new Book-Entry pursuant to the terms of this Certificate of Designations, such new Series G Preferred Share
Certificate or new Book-Entry (i) shall represent, as indicated on the face of such Series G Preferred Share Certificate or
in such Book-Entry, as applicable, the number of Series G Preferred Shares remaining outstanding (or in the case of a new Series G
Preferred Share Certificate or new Book-Entry being issued pursuant to Section 19(a) or Section 19(c), the number of Series G
Preferred Shares designated by such Holder) which, when added to the number of Series G Preferred Shares represented by the other
new Series G Preferred Share Certificates or other new Book-Entry, as applicable, issued in connection with such issuance, does
not exceed the number of Series G Preferred Shares remaining outstanding under the original Series G Preferred Share Certificate
or original Book-Entry, as applicable, immediately prior to such issuance of new Series G Preferred Share Certificate or new Book-Entry,
as applicable, and (ii) shall have an issuance date, as indicated on the face of such new Series G Preferred Share Certificate
or in such new Book-Entry, as applicable, which is the same as the issuance date of the original Series G Preferred Share Certificate
or in such original Book-Entry, as applicable.

 

20.            Remedies,
Characterizations, Other Obligations, Breaches and Injunctive Relief. The remedies provided in this Certificate of Designations
shall be cumulative and in addition to all other remedies available under this Certificate of Designations and any of the other
Transaction Documents, at law or in equity (including a decree of specific performance and/or other injunctive relief), and nothing
herein shall limit any Holder’s right to pursue actual and consequential damages for any failure by the Company to comply with
the terms of this Certificate of Designations. No failure on the part of a Holder to exercise, and no delay in exercising, any
right, power or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise by such Holder of any
right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy. In
addition, the exercise of any right or remedy of a Holder at law or equity or under this Certificate of Designations or any of the
documents shall not be deemed to be an election of such Holder’s rights or remedies under such documents or at law or equity.
The Company covenants to each Holder that there shall be no characterization concerning this instrument other than as expressly
provided herein. Amounts set forth or provided for herein with respect to payments, conversion and the like (and the computation
thereof) shall be the amounts to be received by a Holder and shall not, except as expressly provided herein, be subject to any other
obligation of the Company (or the performance thereof). No failure on the part of a Holder to exercise, and no delay in exercising,
any right, power or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise by such Holder of
any right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy. In
addition, the exercise of any right or remedy of any Holder at law or equity or under Series G Preferred Shares or any of the
documents shall not be deemed to be an election of such Holder’s rights or remedies under such documents or at law or equity.
The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Holders and that the
remedy at law for any such breach may be inadequate. The Company therefore agrees that, in the event of any such breach or
threatened breach, each Holder shall be entitled, in addition to all other available remedies, to specific performance and/or
temporary, preliminary and permanent injunctive or other equitable relief from any court of competent jurisdiction in any such case
without the necessity of proving actual damages and without posting a bond or other security. The Company shall provide all
information and documentation to a Holder that is requested by such Holder to enable such Holder to confirm the Company’s
compliance with the terms and conditions of this Certificate of Designations.

 

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21.            Payment
of Collection, Enforcement and Other Costs. If (a) any Series G Preferred Shares are placed in the hands of an attorney
for collection or enforcement or is collected or enforced through any legal proceeding or a Holder otherwise takes action to collect
amounts due under this Certificate of Designations with respect to the Series G Preferred Shares or to enforce the provisions of
this Certificate of Designations or (b) there occurs any bankruptcy, reorganization, receivership of the Company or other proceedings
affecting Company creditors’ rights and involving a claim under this Certificate of Designations, then the Company shall pay the
costs incurred by such Holder for such collection, enforcement or action or in connection with such bankruptcy, reorganization, receivership
or other proceeding, including, without limitation, attorneys’ fees and disbursements. The Company expressly acknowledges and agrees
that no amounts due under this Certificate of Designations with respect to any Series G Preferred Shares shall be affected, or limited,
by the fact that the purchase price paid for each Series G Preferred Share was less than the original Stated Value thereof.

 

22.            Construction;
Headings. This Certificate of Designations shall be deemed to be jointly drafted by the Company and the Holders and shall not be
construed against any such Person as the drafter hereof. The headings of this Certificate of Designations are for convenience of reference
and shall not form part of, or affect the interpretation of, this Certificate of Designations. Unless the context clearly indicates otherwise,
each pronoun herein shall be deemed to include the masculine, feminine, neuter, singular and plural forms thereof. The terms “including,”
 “includes,” “include” and words of like import shall be construed broadly as if followed by the words “without
limitation.” The terms “herein,” “hereunder,” “hereof” and words of like import refer to this
entire Certificate of Designations instead of just the provision in which they are found. Unless expressly indicated otherwise, all section
references are to sections of this Certificate of Designations. Terms used in this Certificate of Designations and not otherwise defined
herein, but defined in the other Transaction Documents, shall have the meanings ascribed to such terms on the Initial Issuance Date in
such other Transaction Documents unless otherwise consented to in writing by the Required Holders.

 

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23.            Failure
or Indulgence Not Waiver. No failure or delay on the part of a Holder in the exercise of any power, right or privilege hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further
exercise thereof or of any other right, power or privilege. No waiver shall be effective unless it is in writing and signed by an authorized
representative of the waiving party. This Certificate of Designations shall be deemed to be jointly drafted by the Company and all Holders
and shall not be construed against any Person as the drafter hereof. Notwithstanding the foregoing, nothing contained in this Section 23
shall permit any waiver of any provision of Section 4(d).

 

24.            Dispute
Resolution.

 

(a)            Submission
to Dispute Resolution.

 

(i)            In
the case of a dispute relating to a Closing Bid Price, a Closing Sale Price, a Conversion Price, an Adjusted Conversion Price, an Alternate
Conversion Price, a VWAP or a fair market value or the arithmetic calculation of a Conversion Rate, or the applicable Redemption Price
(as the case may be) (including, without limitation, a dispute relating to the determination of any of the foregoing), the Company or
the applicable Holder (as the case may be) shall submit the dispute to the other party via electronic mail (A) if by the Company,
within two (2) Business Days after the occurrence of the circumstances giving rise to such dispute or (B) if by such Holder
at any time after such Holder learned of the circumstances giving rise to such dispute. If such Holder and the Company are unable to
promptly resolve such dispute relating to such Closing Bid Price, such Closing Sale Price, such Conversion Price, such Adjusted Conversion
Price, such Alternate Conversion Price, such VWAP or such fair market value, or the arithmetic calculation of such Conversion Rate or
such applicable Redemption Price (as the case may be), at any time after the second (2nd) Business Day following such initial
notice by the Company or such Holder (as the case may be) of such dispute to the Company or such Holder (as the case may be), then such
Holder may, with the consent of the Company (not to be unreasonably or untimely withheld), select an independent, reputable investment
bank to resolve such dispute.

 

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(ii)            Such
Holder and the Company shall each deliver to such investment bank (A) a copy of the initial dispute submission so delivered in accordance
with the first sentence of this Section 24 and (B) written documentation supporting its position with respect to such dispute,
in each case, no later than 5:00 p.m.  (New York time) by the fifth (5th) Business Day immediately following the date
on which such Holder selected such investment bank (the “Dispute Submission Deadline”) (the documents referred to
in the immediately preceding clauses (A) and (B) are collectively referred to herein as the “Required Dispute Documentation”)
(it being understood and agreed that if either such Holder or the Company fails to so deliver all of the Required Dispute Documentation
by the Dispute Submission Deadline, then the party who fails to so submit all of the Required Dispute Documentation shall no longer be
entitled to (and hereby waives its right to) deliver or submit any written documentation or other support to such investment bank with
respect to such dispute and such investment bank shall resolve such dispute based solely on the Required Dispute Documentation that was
delivered to such investment bank prior to the Dispute Submission Deadline). Unless otherwise agreed to in writing by both the Company
and such Holder or otherwise requested by such investment bank, neither the Company nor such Holder shall be entitled to deliver or submit
any written documentation or other support to such investment bank in connection with such dispute (other than the Required Dispute Documentation).

 

(iii)            The
Company and such Holder shall cause such investment bank to determine the resolution of such dispute and notify the Company and such
Holder of such resolution no later than ten (10) Business Days immediately following the Dispute Submission Deadline. The fees and
expenses of such investment bank shall be borne solely by the Company, and such investment bank’s resolution of such dispute shall
be final and binding upon all parties absent manifest error.

 

(b)            Miscellaneous.
The Company expressly acknowledges and agrees that (i) this Section 24 constitutes an agreement to arbitrate between the Company
and each Holder (and constitutes an arbitration agreement) under § 7501, et seq. of the New York Civil Practice Law and Rules (“CPLR”)
and that any Holder is authorized to apply for an order to compel arbitration pursuant to CPLR § 7503(a) in order to compel
compliance with this Section 24, (ii) a dispute relating to a Conversion Price includes, without limitation, disputes as to
(A) whether an issuance or sale or deemed issuance or sale of Common Stock occurred under Section 8(a), (B) the consideration
per share at which an issuance or deemed issuance of Common Stock occurred, (C) whether any issuance or sale or deemed issuance
or sale of Common Stock was an issuance or sale or deemed issuance or sale of Excluded Securities, (D) whether an agreement, instrument,
security or the like constitutes and Option or Convertible Security and (E) whether a Dilutive Issuance occurred, (iii) the
terms of this Certificate of Designations and each other applicable Transaction Document shall serve as the basis for the selected investment
bank’s resolution of the applicable dispute, such investment bank shall be entitled (and is hereby expressly authorized) to make
all findings, determinations and the like that such investment bank determines are required to be made by such investment bank in connection
with its resolution of such dispute and in resolving such dispute such investment bank shall apply such findings, determinations and
the like to the terms of this Certificate of Designations and any other applicable Transaction Documents, (iv) the applicable Holder
(and only such Holder with respect to disputes solely relating to such Holder), in its sole discretion, shall have the right to submit
any dispute described in this Section 24 to any state or federal court sitting in The City of New York, Borough of Manhattan in
lieu of utilizing the procedures set forth in this Section 24 and (v) nothing in this Section 24 shall limit such Holder
from obtaining any injunctive relief or other equitable remedies (including, without limitation, with respect to any matters described
in this Section 24).

 

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25.            Notices;
Currency; Payments.

 

(a)            Notices.
The Company shall provide each Holder of Series G Preferred Shares with prompt written notice of all actions taken pursuant to the
terms of this Certificate of Designations, including in reasonable detail a description of such action and the reason therefor. Whenever
notice is required to be given under this Certificate of Designations, unless otherwise provided herein, such notice must be in writing
and shall be given in accordance with Section 9(f) of the Securities Purchase Agreement. The Company shall provide each Holder
with prompt written notice of all actions taken pursuant to this Certificate of Designations, including in reasonable detail a description
of such action and the reason therefore. Without limiting the generality of the foregoing, the Company shall give written notice to each
Holder (i) immediately upon any adjustment of the Conversion Price, setting forth in reasonable detail, and certifying, the calculation
of such adjustment and (ii) at least fifteen (15) days prior to the date on which the Company closes its books or takes a record
(A) with respect to any dividend or distribution upon the Common Stock, (B) with respect to any grant, issuances, or sales
of any Options, Convertible Securities or rights to purchase stock, warrants, securities or other property to holders of shares of Common
Stock or (C) for determining rights to vote with respect to any Fundamental Transaction, dissolution or liquidation, provided in
each case that such information shall be made known to the public prior to or in conjunction with such notice being provided to such
Holder.

 

(b)            Currency.
All dollar amounts referred to in this Certificate of Designations are in United States Dollars (“U.S. Dollars”),
and all amounts owing under this Certificate of Designations shall be paid in U.S. Dollars. All amounts denominated in other currencies
(if any) shall be converted into the U.S. Dollar equivalent amount in accordance with the Exchange Rate on the date of calculation. “Exchange
Rate” means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Certificate of Designations,
the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation (it being understood and agreed
that where an amount is calculated with reference to, or over, a period of time, the date of calculation shall be the final date of such
period of time).

 

(c)            Payments.
Whenever any payment of cash is to be made by the Company to any Person pursuant to this Certificate of Designations, unless otherwise
expressly set forth herein, such payment shall be made in lawful money of the United States of America by wire transfer of immediately
available funds pursuant to wire transfer instructions that Holder shall provide to the Company in writing from time to time. Whenever
any amount expressed to be due by the terms of this Certificate of Designations is due on any day which is not a Business Day, the same
shall instead be due on the next succeeding day which is a Business Day. Any amount due under the Transaction Documents which is not
paid when due (except to the extent such amount is simultaneously accruing Dividends at the Default Rate hereunder) shall result in a
late charge being incurred and payable by the Company in an amount equal to interest on such amount at the rate of eighteen percent (18%)
per annum from the date such amount was due until the same is paid in full (“Late Charge”).

 

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26.            Waiver
of Notice. To the extent permitted by law, the Company hereby irrevocably waives demand, notice, presentment, protest and all other
demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this Certificate of Designations
and the Securities Purchase Agreement.

 

27.            Governing
Law. This Certificate of Designations shall be construed and enforced in accordance with, and all questions concerning the construction,
validity, interpretation and performance of this Certificate of Designations shall be governed by, the internal laws of the State of
Delaware, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of Delaware or any
other jurisdictions) that would cause the application of the laws of any jurisdictions other than the State of Delaware. Except as otherwise
required by Section 24 above, the Company hereby irrevocably submits to the non-exclusive jurisdiction of the state and federal
courts sitting in The City of New York, Borough of Manhattan, for the adjudication of any dispute hereunder or in connection herewith
or with any transaction contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit,
action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding
is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Nothing contained herein shall
be deemed to limit in any way any right to serve process in any manner permitted by law. Nothing contained herein shall be deemed to
limit in any way any right to serve process in any manner permitted by law. Nothing contained herein (i) shall be deemed or operate
to preclude any Holder from bringing suit or taking other legal action against the Company in any other jurisdiction to collect on the
Company’s obligations to such Holder, to realize on any collateral or any other security for such obligations, or to enforce a
judgment or other court ruling in favor of such Holder or (ii) shall limit, or shall be deemed or construed to limit, any provision
of Section 24 above. THE COMPANY HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE TO, AND AGREES NOT TO REQUEST, A JURY TRIAL
FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN CONNECTION WITH OR ARISING OUT OF THIS CERTIFICATE OF DESIGNATIONS OR ANY TRANSACTION
CONTEMPLATED HEREBY.

 

28.            Judgment
Currency.

 

(a)            If
for the purpose of obtaining or enforcing judgment against the Company in any court in any jurisdiction it becomes necessary to convert
into any other currency (such other currency being hereinafter in this Section 28 referred to as the “Judgment Currency”)
an amount due in U.S. dollars under this Certificate of Designations, the conversion shall be made at the Exchange Rate prevailing on
the Trading Day immediately preceding:

 

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(i) the date
actual payment of the amount due, in the case of any proceeding in the courts of New York or in the courts of any other jurisdiction
that will give effect to such conversion being made on such date: or

 

(ii) the date
on which the foreign court determines, in the case of any proceeding in the courts of any other jurisdiction (the date as of which such
conversion is made pursuant to this Section 28(a)(ii) being hereinafter referred to as the “Judgment Conversion Date”).

 

(b)            If
in the case of any proceeding in the court of any jurisdiction referred to in Section 28(a)(ii) above, there is a change in
the Exchange Rate prevailing between the Judgment Conversion Date and the date of actual payment of the amount due, the applicable party
shall pay such adjusted amount as may be necessary to ensure that the amount paid in the Judgment Currency, when converted at the Exchange
Rate prevailing on the date of payment, will produce the amount of US dollars which could have been purchased with the amount of Judgment
Currency stipulated in the judgment or judicial order at the Exchange Rate prevailing on the Judgment Conversion Date.

 

(c)            Any
amount due from the Company under this provision shall be due as a separate debt and shall not be affected by judgment being obtained
for any other amounts due under or in respect of this Certificate of Designations.

 

29.            Severability.
If any provision of this Certificate of Designations is prohibited by law or otherwise determined to be invalid or unenforceable by a
court of competent jurisdiction, the provision that would otherwise be prohibited, invalid or unenforceable shall be deemed amended to
apply to the broadest extent that it would be valid and enforceable, and the invalidity or unenforceability of such provision shall not
affect the validity of the remaining provisions of this Certificate of Designations so long as this Certificate of Designations as so
modified continues to express, without material change, the original intentions of the parties as to the subject matter hereof and the
prohibited nature, invalidity or unenforceability of the provision(s) in question does not substantially impair the respective expectations
or reciprocal obligations of the parties or the practical realization of the benefits that would otherwise be conferred upon the parties.
The parties will endeavor in good faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid
provision(s), the effect of which comes as close as possible to that of the prohibited, invalid or unenforceable provision(s).

 

30.            Maximum
Payments. Without limiting Section 9(d) of the Securities Purchase Agreement, nothing contained herein shall be deemed
to establish or require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the
event that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments
in excess of such maximum shall be credited against amounts owed by the Company to the applicable Holder and thus refunded to the Company.

 

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31.            Stockholder
Matters; Amendment.

 

(a)            Stockholder
Matters. Any stockholder action, approval or consent required, desired or otherwise sought by the Company pursuant to the DGCL, the
Certificate of Incorporation, this Certificate of Designations or otherwise with respect to the issuance of Series G Preferred Shares
may be effected by written consent of the Company’s stockholders or at a duly called meeting of the Company’s stockholders,
all in accordance with the applicable rules and regulations of the DGCL. This provision is intended to comply with the applicable
sections of the DGCL permitting stockholder action, approval and consent affected by written consent in lieu of a meeting.

 

(b)            Amendment.
Except for Section 4(d), which may not be amended or waived hereunder, this Certificate of Designations or any provision hereof
may be amended by obtaining the affirmative vote at a meeting duly called for such purpose, or written consent without a meeting in accordance
with the DGCL, of the Required Holders, voting separate as a single class, and with such other stockholder approval, if any, as may then
be required pursuant to the DGCL and the Certificate of Incorporation.

 

32.            Certain
Defined Terms. For purposes of this Certificate of Designations, the following terms shall have the following meanings:

 

(a)            “1933
Act” means the Securities Act of 1933, as amended, and the rules and regulations thereunder.

 

(b)            “1934
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder.

 

(c)            “Additional
Amount” means, as of the applicable date of determination, with respect to each Series G Preferred Share, all declared
and unpaid Dividends on such Series G Preferred Share.

 

(d)            “Adjustment
Right” means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or
sale (or deemed issuance or sale in accordance with Section 8(a)) of shares of Common Stock (other than rights of the type described
in Section 7(a) hereof) that could result in a decrease in the net consideration received by the Company in connection with,
or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

 

(e)            “Affiliate”
or “Affiliated” means, with respect to any Person, any other Person that directly or indirectly controls, is controlled
by, or is under common control with, such Person, it being understood for purposes of this definition that “control” of a
Person means the power directly or indirectly either to vote 10% or more of the stock having ordinary voting power for the election of
directors of such Person or direct or cause the direction of the management and policies of such Person whether by contract or otherwise.

 

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(f)            “Alternate
Conversion Price” means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable
Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, and (ii) the Market Price
as of the Trading Day immediately preceding the delivery or deemed delivery of the applicable Conversion Notice.

 

(g)            “Approved
Stock Plan” means any employee benefit plan or agreement which has been approved by the Board prior to or subsequent to the
Subscription Date pursuant to which shares of Common Stock and standard options to purchase Common Stock may be issued to any employee,
officer, consultant or director for services provided to the Company in their capacity as such.

 

(h)            “Attribution
Parties” means, collectively, the following Persons and entities: (i) any investment vehicle, including, any funds, feeder
funds or managed accounts, currently, or from time to time after the Initial Issuance Date, directly or indirectly managed or advised
by a Holder’s investment manager or any of its Affiliates or principals, (ii) any direct or indirect Affiliates of such Holder
or any of the foregoing, (iii) any Person acting or who could be deemed to be acting as a Group together with such Holder or any
of the foregoing and (iv) any other Persons whose beneficial ownership of the Company’s Common Stock would or could be aggregated
with such Holder’s and the other Attribution Parties for purposes of Section 13(d) of the 1934 Act. For clarity, the
purpose of the foregoing is to subject collectively such Holder and all other Attribution Parties to the Maximum Percentage.

 

(i)            “Black
Scholes Consideration Value” means the value of the applicable Option, Convertible Security or Adjustment Right (as the case
may be) as of the date of issuance thereof calculated using the Black Scholes Option Pricing Model obtained from the “OV”
function on Bloomberg utilizing (i) an underlying price per share equal to the Closing Sale Price of the Common Stock on the Trading
Day immediately preceding the public announcement of the execution of definitive documents with respect to the issuance of such Option,
Convertible Security or Adjustment Right (as the case may be), (ii) a risk-free interest rate corresponding to the U.S. Treasury
rate for a period equal to the remaining term of such Option, Convertible Security or Adjustment Right (as the case may be) as of the
date of issuance of such Option, Convertible Security or Adjustment Right (as the case may be), (iii) a zero cost of borrow and
(iv) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg
(determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the date of issuance of such Option,
Convertible Security or Adjustment Right (as the case may be).

 

(j)            “Bloomberg”
means Bloomberg, L.P.

 

(k)            “Book-Entry”
means each entry on the Register evidencing one or more Series G Preferred Shares held by a Holder in lieu of a Series G Preferred
Share Certificate issuable hereunder.

 

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(l)            “Business
Day” means any day other than Saturday, Sunday or other day on which commercial banks in The City of New York are authorized
or required by law to remain closed; provided, however, for clarification, commercial
banks shall not be deemed to be authorized or required by law to remain closed due to “stay at home”, “shelter-in-place”,
 “non-essential employee”  or any other similar orders or restrictions or the closure of any physical branch locations
at the direction of any governmental authority so long as the electronic funds transfer systems (including for wire transfers) of commercial
banks in The City of New York generally are open for use by customers on such day.

 

(m)            “Change
of Control” means any Fundamental Transaction other than (i) any merger of the Company or any of its, direct or indirect,
wholly-owned Subsidiaries with or into any of the foregoing Persons, (ii) any reorganization, recapitalization or reclassification
of the shares of Common Stock in which holders of the Company’s voting power immediately prior to such reorganization, recapitalization
or reclassification continue after such reorganization, recapitalization or reclassification to hold publicly traded securities and,
directly or indirectly, are, in all material respects, the holders of the voting power of the surviving entity (or entities with the
authority or voting power to elect the members of the board of directors (or their equivalent if other than a corporation) of such entity
or entities) after such reorganization, recapitalization or reclassification or (iii) pursuant to a migratory merger effected solely
for the purpose of changing the jurisdiction of incorporation of the Company or any of its Subsidiaries; provided, that the Harp Transaction
shall not be deemed to be a Change of Control hereunder.

 

(n)            “Change
of Control Redemption Premium” means 125%.

 

(o)            “Closing
Bid Price” and “Closing Sale Price” means, for any security as of any date, the last closing bid price and
last closing trade price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market
begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price (as the case may
be) then the last bid price or last trade price, respectively, of such security prior to 4:00:00 p.m., New York time, as reported by
Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last closing
bid price or last trade price, respectively, of such security on the principal securities exchange or trading market where such security
is listed or traded as reported by Bloomberg, or if the foregoing do not apply, the last closing bid price or last trade price, respectively,
of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no
closing bid price or last trade price, respectively, is reported for such security by Bloomberg, the average of the bid prices, or the
ask prices, respectively, of any market makers for such security as reported in The Pink Open Market (or a similar organization or agency
succeeding to its functions of reporting prices). If the Closing Bid Price or the Closing Sale Price cannot be calculated for a security
on a particular date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price (as the case may be) of such security
on such date shall be the fair market value as mutually determined by the Company and the Required Holder. If the Company and the Required
Holders are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures
in Section 24. All such determinations shall be appropriately adjusted for any stock splits, stock dividends, stock combinations,
recapitalizations or other similar transactions during such period.

 

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(p)            “Closing
Date” shall have the meaning set forth in the Securities Purchase Agreement, which date is the date the Company initially issued
the Series G Preferred Shares, the Common Warrants and the Preferred Warrants pursuant to the terms of the Securities Purchase Agreement.

 

(q)            “Common
Stock” means (i) the Company’s shares of common stock, $0.0001 par value per share, and (ii) any capital stock
into which such common stock shall have been changed or any share capital resulting from a reclassification of such common stock.

 

(r)            “Common
Warrants” has the meaning ascribed to such term in the Securities Purchase Agreement, and shall include all warrants issued
in exchange therefor or replacement thereof.

 

(s)            “Contingent
Obligation” means, as to any Person, any direct or indirect liability, contingent or otherwise, of that Person with respect
to any Indebtedness, lease, dividend or other obligation of another Person if the primary purpose or intent of the Person incurring such
liability, or the primary effect thereof, is to provide assurance to the obligee of such liability that such liability will be paid or
discharged, or that any agreements relating thereto will be complied with, or that the holders of such liability will be protected (in
whole or in part) against loss with respect thereto.

 

(t)            “Convertible
Securities” means any stock or other security (other than Options) that is at any time and under any circumstances, directly
or indirectly, convertible into, exercisable or exchangeable for, or which otherwise entitles the holder thereof to acquire, any shares
of Common Stock.

 

(u)            “Eligible
Market” shall have the meaning as set forth in the Securities Purchase Agreement.

 

(v)            “Event
Market Price” means, with respect to any Stock Combination Event Date, 80% of the quotient determined by dividing (x) the
sum of the VWAP of the Common Stock for each of the three (3) lowest Trading Days during the twenty (20) consecutive Trading Day
period ending and including the Trading Day immediately preceding the sixteenth (16th) Trading Day after such Stock Combination Event
Date, divided by (y) three (3).

 

(w)            “Excluded
Securities” shall have the meaning as set forth in the Securities Purchase Agreement.

 

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(x)            “Fundamental
Transaction” means (A) that the Company shall, directly or indirectly, including through subsidiaries, Affiliates or otherwise,
in one or more related transactions, (i) consolidate or merge with or into (whether or not the Company is the surviving corporation)
another Subject Entity, or (ii) sell, assign, transfer, convey or otherwise dispose of all or substantially all of the properties
or assets of the Company or any of its “significant subsidiaries” (as defined in Rule 1-02 of Regulation S-X) to one
or more Subject Entities, or (iii) make, or allow one or more Subject Entities to make, or allow the Company to be subject to or
have its Common Stock be subject to or party to one or more Subject Entities making, a purchase, tender or exchange offer that is accepted
by the holders of at least either (x) 50% of the outstanding shares of Common Stock, (y) 50% of the outstanding shares of Common
Stock calculated as if any shares of Common Stock held by all Subject Entities making or party to, or Affiliated with any Subject Entities
making or party to, such purchase, tender or exchange offer were not outstanding; or (z) such number of shares of Common Stock such
that all Subject Entities making or party to, or Affiliated with any Subject Entity making or party to, such purchase, tender or exchange
offer, become collectively the beneficial owners (as defined in Rule 13d-3 under the 1934 Act) of at least 50% of the outstanding
shares of Common Stock, or (iv) consummate a stock or share purchase agreement or other business combination (including, without
limitation, a reorganization, recapitalization, spin-off or scheme of arrangement) with one or more Subject Entities whereby all such
Subject Entities, individually or in the aggregate, in any transaction or series or related transactions, acquire, either (x) at
least 50% of the outstanding shares of Common Stock, (y) at least 50% of the outstanding shares of Common Stock calculated as if
any shares of Common Stock held by all the Subject Entities making or party to, or Affiliated with any Subject Entity making or party
to, such stock purchase agreement or other business combination were not outstanding; or (z) such number of shares of Common Stock
such that the Subject Entities become collectively the beneficial owners (as defined in Rule 13d-3 under the 1934 Act) of at least
50% of the outstanding shares of Common Stock, or (v) reorganize, recapitalize or reclassify its Common Stock, (B) that the
Company shall, directly or indirectly, including through subsidiaries, Affiliates or otherwise, in one or more related transactions,
allow any Subject Entity individually or the Subject Entities in the aggregate to be or become the “beneficial owner” (as
defined in Rule 13d-3 under the 1934 Act), directly or indirectly, whether through acquisition, purchase, assignment, conveyance,
tender, tender offer, exchange, reduction in outstanding shares of Common Stock, merger, consolidation, business combination, reorganization,
recapitalization, spin-off, scheme of arrangement, reorganization, recapitalization or reclassification or otherwise in any manner whatsoever,
of either (x) at least 50% of the aggregate ordinary voting power represented by issued and outstanding Common Stock, (y) at
least 50% of the aggregate ordinary voting power represented by issued and outstanding Common Stock not held by all such Subject Entities
as of the date of this Certificate of Designations calculated as if any shares of Common Stock held by all such Subject Entities were
not outstanding, or (z) a percentage of the aggregate ordinary voting power represented by issued and outstanding shares of Common
Stock or other equity securities of the Company sufficient to allow such Subject Entities to effect a statutory short form merger or
other transaction requiring other stockholders of the Company to surrender their shares of Common Stock without approval of the stockholders
of the Company or (C) directly or indirectly, including through subsidiaries, Affiliates or otherwise, in one or more related transactions,
the issuance of or the entering into any other instrument or transaction structured in a manner to circumvent, or that circumvents, the
intent of this definition in which case this definition shall be construed and implemented in a manner otherwise than in strict conformity
with the terms of this definition to the extent necessary to correct this definition or any portion of this definition which may be defective
or inconsistent with the intended treatment of such instrument or transaction.

 

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(y)            “GAAP”
means United States generally accepted accounting principles, consistently applied.

 

(z)            “Group”
means a “group” as that term is used in Section 13(d) of the 1934 Act and as defined in Rule 13d-5 thereunder.

 

(aa)            “Harp
Transaction” means the acquisition of Biorenewable Technologies, Inc, a Delaware corporation, and Harp Electric Eng. Ltd.,
a limited company organized under the laws of Ireland (collectively “Harp”) as disclosed pursuant to a Letter of Intent
between the Company and Harp as filed on the Company’s Current Report on Form 8-K filed with the SEC on June 24, 2022

 

(bb)            “Holder
Pro Rata Amount” means, with respect to any Holder, a fraction (i) the numerator of which is the number of Series G
Preferred Shares issued to such Holder pursuant to the Securities Purchase Agreement on the Initial Issuance Date and (ii) the denominator
of which is the number of Series G Preferred Shares issued to all Holders pursuant to the Securities Purchase Agreement on the Initial
Issuance Date.

 

(cc)            “Indebtedness”
means of any Person means, without duplication (A) all indebtedness for borrowed money, (B) all obligations issued, undertaken
or assumed as the deferred purchase price of property or services, including, without limitation, “capital leases” in accordance
with United States generally accepted accounting principles consistently applied for the periods covered thereby (other than trade payables
entered into in the ordinary course of business consistent with past practice), (C) all reimbursement or payment obligations with
respect to letters of credit, surety bonds and other similar instruments, (D) all obligations evidenced by notes, bonds, debentures
or similar instruments, including obligations so evidenced incurred in connection with the acquisition of property, assets or businesses,
(E) all indebtedness created or arising under any conditional sale or other title retention agreement, or incurred as financing,
in either case with respect to any property or assets acquired with the proceeds of such indebtedness (even though the rights and remedies
of the seller or bank under such agreement in the event of default are limited to repossession or sale of such property), (F) all
monetary obligations under any leasing or similar arrangement which, in connection with United States generally accepted accounting principles,
consistently applied for the periods covered thereby, is classified as a capital lease, (G) all indebtedness referred to in clauses
(A) through (F) above secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise,
to be secured by) any mortgage, deed of trust, lien, pledge, charge, security interest or other encumbrance of any nature whatsoever
in or upon any property or assets (including accounts and contract rights) with respect to any asset or property owned by any Person,
even though the Person which owns such assets or property has not assumed or become liable for the payment of such indebtedness, and
(H) all Contingent Obligations in respect of indebtedness or obligations of others of the kinds referred to in clauses (A) through
(G) above.

 

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(dd)            “Intellectual
Property Rights” means, with respect to the Company and its Subsidiaries, all of their rights or licenses to use all trademarks,
trade names, service marks, service mark registrations, service names, original works of authorship, patents, patent rights, copyrights,
inventions, licenses, approvals, governmental authorizations, trade secrets and other intellectual property rights and all applications
and registrations therefor.

 

(ee)            “Investment”
means any beneficial ownership (including stock, partnership or limited liability company interests) of or in any Person, or any loan,
advance or capital contribution to any Person or the acquisition of all, or substantially all, of the assets of another Person or the
purchase of any assets of another Person for greater than the fair market value of such assets.

 

(ff)            “Liquidation
Event” means, whether in a single transaction or series of transactions, the voluntary or involuntary liquidation, dissolution
or winding up of the Company or such Subsidiaries the assets of which constitute all or substantially all of the assets of the business
of the Company and its Subsidiaries, taken as a whole.

 

(gg)            “Market
Price” means, as of any time of determination, the lower of (x) the VWAP of the Common Stock as of the Trading Day immediately
preceding the applicable date of determination and (y) the quotient of (A) the sum of the VWAP of the Common Stock for each
of the three (3) Trading Days with the lowest VWAP of the Common Stock during the twenty (20) consecutive Trading Day period ending
and including the Trading Day immediately prior to the applicable date of determination, divided by (B) three (3). All such determinations
to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during any such measuring
period.

 

(hh)            “Material
Adverse Effect” means any material adverse effect on the business, properties, assets, liabilities, operations, results of
operations, condition (financial or otherwise) or prospects of the Company and its Subsidiaries, if any, individually or taken as a whole,
or on the transactions contemplated hereby or on the other Transaction Documents (as defined below), or by the agreements and instruments
to be entered into in connection therewith or on the authority or ability of the Company to perform its obligations under the Transaction
Documents.

 

(ii)            “Maturity
Date” shall mean the second anniversary of the Initial Issuance Date; provided, however, the Maturity Date may be extended
at the option of a Holder (i) in the event that, and for so long as, a Triggering Event shall have occurred and be continuing or
any event shall have occurred and be continuing that with the passage of time and the failure to cure would result in a Triggering Event
or (ii) through the date that is twenty (20) Business Days after the consummation of a Fundamental Transaction in the event that
a Fundamental Transaction is publicly announced or a Change of Control Notice is delivered prior to the Maturity Date, provided further
that if a Holder elects to convert some or all of its Series G Preferred Shares pursuant to Section 4 hereof, and the Conversion
Amount would be limited pursuant to Section 4(d) hereunder, the Maturity Date shall automatically be extended until such time
as such provision shall not limit the conversion of such Series G Preferred Shares.

 

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(jj)            “Options”
means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

 

(kk)            “Parent
Entity” of a Person means an entity that, directly or indirectly, controls the applicable Person and whose common stock or
equivalent equity security is quoted or listed on an Eligible Market, or, if there is more than one such Person or Parent Entity, the
Person or Parent Entity with the largest public market capitalization as of the date of consummation of the Fundamental Transaction.

 

(ll)            “Permitted
Commercial Loan” means up to $1,500,000 in aggregate principal of Indebtedness outstanding pursuant to that certain Credit
Agreement dated February 2, 2018, by and between BHT Financial LLC and Comerica Bank, as in effect as of the date hereof.

 

(mm)            “Permitted
Indebtedness” means (i) Indebtedness set forth on Schedule 3(s) to the Securities Purchase Agreement, as in effect
as of the Subscription Date (other than the Permitted Senior Indebtedness), (ii) Indebtedness secured by Permitted Liens or unsecured
but as described in clauses (iv) and (v) of the definition of Permitted Liens and (iii) the Permitted Senior Indebtedness.

 

(nn)            “Permitted
Liens” means (i) any Lien for taxes not yet due or delinquent or being contested in good faith by appropriate proceedings
for which adequate reserves have been established in accordance with GAAP, (ii) any statutory Lien arising in the ordinary course
of business by operation of law with respect to a liability that is not yet due or delinquent, (iii) any Lien created by operation
of law, such as materialmen’s liens, mechanics’ liens and other similar liens, arising in the ordinary course of business
with respect to a liability that is not yet due or delinquent or that are being contested in good faith by appropriate proceedings, (iv) Liens
(A) upon or in any equipment acquired or held by the Company or any of its Subsidiaries to secure the purchase price of such equipment
or Indebtedness incurred solely for the purpose of financing the acquisition or lease of such equipment, or (B) existing on such
equipment at the time of its acquisition, provided that the Lien is confined solely to the property so acquired and improvements thereon,
and the proceeds of such equipment, in either case, with respect to Indebtedness in an aggregate amount not to exceed $150,000, (v) Liens
incurred in connection with the extension, renewal or refinancing of the Indebtedness secured by Liens of the type described in clause
(iv) above, provided that any extension, renewal or replacement Lien shall be limited to the property encumbered by the existing
Lien and the principal amount of the Indebtedness being extended, renewed or refinanced does not increase, (vi) Liens in favor of
customs and revenue authorities arising as a matter of law to secure payments of custom duties in connection with the importation of
goods, (vii) Liens arising from judgments, decrees or attachments in circumstances not constituting a Triggering Event under Section 5(a)(ix),
(viii) Liens with respect to Permitted Senior Indebtedness.

 

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(oo)            “Permitted
Senior Indebtedness” means up to $3,281,250 in aggregate principal of Indebtedness outstanding pursuant to that certain Note
Purchase and Security Agreement  and Senior Secured Term Promissory Note, each dated February 2, 2018, by and among Biohitech
Global, Inc.,  BHT Financial, LLC, Biohitech America, LLC,  Biohitech Europe, Ltd.,  E.N.A. Renewables, LLC,
and New Windsor Resource Recovery, LLC and Michaelson Capital Special Finance Fund II, L.P., in each case, as in effect as of the date
hereof.

 

(pp)            “Person”
means an individual, a limited liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization,
any other entity or a government or any department or agency thereof.

 

(qq)            “Preferred
Warrants” has the meaning ascribed to such term in the Securities Purchase Agreement, and shall include all warrants issued
in exchange therefor or replacement thereof.

 

(rr)            “Principal
Market” shall have the meaning as set forth in the Securities Purchase Agreement.

 

(ss)            “Redemption
Notices” means, collectively, the Triggering Events Redemption Notices, the Maturity Redemption Notice and the Change of Control
Redemption Notices, and each of the foregoing, individually, a “Redemption Notice.”

 

(tt)            “Redemption
Premium” means 125%.

 

(uu)            “Redemption
Prices” means, collectively, any Triggering Event Redemption Price, Change of Control Redemption Price and Maturity Redemption
Price, and each of the foregoing, individually, a “Redemption Price.”

 

(vv)            “Registration
Rights Agreement” means that certain registration rights agreement, dated as of the Closing Date, by and among the Company
and the initial holders of the Series G Preferred Shares relating to, among other things, the registration of the resale of the
Common Stock issuable upon conversion of the Series G Preferred Shares or otherwise pursuant to the terms of this Certificate of
Designations and exercise of the Common Warrants, as may be amended from time to time.

 

(ww)            “Resale
Eligibility Date” means the earlier of (x) the first date on which the resale by the Purchasing Buyers (as defined in
the Securities Purchase Agreement) of all the Registrable Securities required to be filed on the initial Registration Statement (as defined
in the Registration Rights Agreement) pursuant to the Registration Rights Agreement (subject to any required reduction in accordance
therewith) is declared effective by the SEC (and each prospectus contained therein is available for use on such date) or (y) the
first date on which all of the Registrable Securities are eligible to be resold by the Purchasing Buyers pursuant to Rule 144 (or,
if a Current Public Information Failure (as defined in the Registration Rights Agreement) has occurred and is continuing, such later
date after which the Company has cured such Current Public Information Failure) (or such earlier date as the Company and the Required
Holders shall mutually agree in writing).

 

    46

     

    

 

(xx)            “SEC”
means the United States Securities and Exchange Commission or the successor thereto.

 

(yy)            “Securities
Purchase Agreement” means that certain securities purchase and exchange agreement by and among the Company and the investor
signatories thereto, dated as of the Subscription Date, as may be amended from time in accordance with the terms thereof.

 

(zz)            “Stated
Value” shall mean $1,000 per share (together with, solely if elected in writing by a Holder (which writing may be an e-mail),
such additional amount as specified in such writing (or e-mail) that was required to be paid to such Holder pursuant to the Transaction
Documents and that the Company failed to timely pay to such Holder pursuant thereto, in each case, allocated to the Stated Value of the
Series G Preferred Shares of such Holder as specified in such writing (or e-mail)), subject to adjustment for stock splits, stock
dividends, recapitalizations, reorganizations, reclassifications, combinations, subdivisions or other similar events occurring after
the Initial Issuance Date with respect to the Series G Preferred Shares.

 

(aaa)            “Subscription
Date” means August 19, 2022.

 

(bbb)             “Subject
Entity” means any Person, Persons or Group or any Affiliate or associate of any such Person, Persons or Group.

 

(ccc)             “Subsidiaries”
shall have the meaning as set forth in the Securities Purchase Agreement.

 

(ddd)             “Successor
Entity” means the Person (or, if so elected by the Required Holders, the Parent Entity) formed by, resulting from or surviving
any Fundamental Transaction or the Person (or, if so elected by the Required Holders, the Parent Entity) with which such Fundamental
Transaction shall have been entered into.

 

(eee)            “Trading
Day” means, as applicable, (x) with respect to all price or trading volume determinations relating to the Common Stock,
any day on which the Common Stock is traded on the Principal Market, or, if the Principal Market is not the principal trading market
for the Common Stock, then on the principal securities exchange or securities market on which the Common Stock is then traded, provided
that “Trading Day” shall not include any day on which the Common Stock is scheduled to trade on such exchange or market for
less than 4.5 hours or any day that the Common Stock is suspended from trading during the final hour of trading on such exchange or market
(or if such exchange or market does not designate in advance the closing time of trading on such exchange or market, then during the
hour ending at 4:00:00 p.m., New York time) unless such day is otherwise designated as a Trading Day in writing by the applicable Holder
or (y) with respect to all determinations other than price determinations relating to the Common Stock, any day on which The New
York Stock Exchange (or any successor thereto) is open for trading of securities.

 

    47

     

    

 

(fff)            “Transaction
Documents” means the Securities Purchase Agreement, this Certificate of Designations, the other Certificates of Designations
(as defined in the Securities Purchase Agreements), the Common Warrants the Preferred Warrants and each of the other agreements and instruments
entered into or delivered by the Company or any of the Holders in connection with the transactions contemplated by the Securities Purchase
Agreement, all as may be amended from time to time in accordance with the terms thereof.

 

(ggg)            “VWAP”
means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market (or, if the
Principal Market is not the principal trading market for such security, then on the principal securities exchange or securities market
on which such security is then traded), during the period beginning at 9:30 a.m., New York time, and ending at 4:00 p.m., New York time,
as reported by Bloomberg through its “VAP” function (set to 09:30 start time and 16:00 end time) or, if the foregoing does
not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board
for such security during the period beginning at 9:30 a.m., New York time, and ending at 4:00 p.m., New York time, as reported by Bloomberg,
or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest
closing bid price and the lowest closing ask price of any of the market makers for such security as reported in The Pink Open Market
(or a similar organization or agency succeeding to its functions of reporting prices). If the VWAP cannot be calculated for such security
on such date on any of the foregoing bases, the VWAP of such security on such date shall be the fair market value as mutually determined
by the Company and the Required Holders. If the Company and the Required Holders are unable to agree upon the fair market value of such
security, then such dispute shall be resolved in accordance with the procedures in Section 24. All such determinations shall be
appropriately adjusted for any stock dividend, stock split, stock combination, recapitalization or other similar transaction during such
period.

 

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

 

(iii)            “Warrant
Preferred Shares” means, collectively, the Series G Preferred Shares issuable upon exercise of the Preferred Warrants.

 

33.            Disclosure.
Upon receipt or delivery by the Company of any notice in accordance with the terms of this Certificate of Designations, unless the Company
has in good faith determined that the matters relating to such notice do not constitute material, non-public information relating to
the Company or any of its Subsidiaries, the Company shall on or prior to 9:00 am, New York city time on the Business Day immediately
following such notice delivery date, publicly disclose such material, non-public information on a Current Report on Form 8-K or
otherwise. In the event that the Company believes that a notice contains material, non-public information relating to the Company or
any of its Subsidiaries, the Company so shall indicate to the Holder explicitly in writing in such notice (or immediately upon receipt
of notice from such Holder, as applicable), and in the absence of any such written indication in such notice (or notification from the
Company immediately upon receipt of notice from such Holder), such Holder shall be entitled to presume that information contained in
the notice does not constitute material, non-public information relating to the Company or any of its Subsidiaries. Nothing contained
in this Section 33 shall limit any obligations of the Company, or any rights of any Holder, under Section 4(i) of the
Securities Purchase Agreement.

 

34.            Absence
of Trading and Disclosure Restrictions. The Company acknowledges and agrees that no Holder is a fiduciary or agent of the Company
and that each Holder shall have no obligation to (a) maintain the confidentiality of any information provided by the Company or
(b) refrain from trading any securities while in possession of such information in the absence of a written non-disclosure agreement
signed by an officer of such Holder that explicitly provides for such confidentiality and trading restrictions. In the absence of such
an executed, written non-disclosure agreement, the Company acknowledges that each Holder may freely trade in any securities issued by
the Company, may possess and use any information provided by the Company in connection with such trading activity, and may disclose any
such information to any third party.

 

* * * * *

 

    48

     

    

 

IN WITNESS WHEREOF, the Company
has caused this Amended and Restated Certificate of Designations of Series G Convertible Preferred Stock of Renovare Environmental, Inc.
to be signed by its authorized officer on this 19th day of August, 2022.

 

	 	RENOVARE ENVIRONMENTAL, INC.
	 	 	 
	 	By:	/s/ Brian C. Essman
	 	 	Name:	Brian C. Essman
	 	 	Title:	Chief Financial Officer

 

    

     

    

 

EXHIBIT I

 

RENOVARE ENVIRONMENTAL, INC.

 

CONVERSION NOTICE

 

Reference is made to the
Amended and Restated Certificate of Designations, Preferences and Rights of the Series G Convertible Preferred Stock of Renovare
Environmental, Inc. (the “Certificate of Designations”). In accordance with and pursuant to the Certificate of
Designations, the undersigned hereby elects to convert the number of shares of Series G Convertible Preferred Stock, $0.0001 par
value per share (the “Series G Preferred Shares”), of Renovare Environmental, Inc. a Delaware corporation
(the “Company”), indicated below into shares of common stock, $0.0001 value per share (the “Common Stock”),
of the Company, as of the date specified below.

 

	Date of Conversion:	 	 
	 	 	 
	Aggregate number of Series G Preferred Shares to be converted	 	 
	 	 	 
	Aggregate Stated
    Value of such Series G Preferred Shares to be converted:	 	 
	 	 	 
	Aggregate accrued and unpaid Dividends and accrued and unpaid Late Charges
with respect to such Series G Preferred Shares and such Aggregate Dividends to be converted:	 	 
	 	 	 
	AGGREGATE CONVERSION AMOUNT TO BE
    CONVERTED:	 	 
	 	 	 
	Please confirm
    the following information:	 	 
	 	 	 
	Conversion Price:	 	 
	 	 	 
	Number of shares
    of Common Stock to be issued:	 	 

 

 ̈        If
this Conversion Notice is being delivered with respect to an Alternate Conversion, check here if Holder is electing to use the following
Alternate Conversion Price:                               

 

    

     

    

 

Please issue the Common Stock into which the applicable Series G
Preferred Shares are being converted to Holder, or for its benefit, as follows:

 

 ̈        Check here if
requesting delivery as a certificate to the following name and to the following address:

 

	 	Issue to:	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

 

 ̈        Check
here if requesting delivery by Deposit/Withdrawal at Custodian as follows: 

 

	 	DTC Participant:	 
	 	 	 
	 	DTC Number:	 
	 	 	 
	 	Account Number:	 

 

Date:                        
          ,            

 

	 	 
	Name of Registered Holder	 

 

	By:	 	 
	 	Name:	 
	 	Title:	 

 

	 	Tax ID:	 	 

 

	E-mail Address:	 	 

 

    51

     

    

 

EXHIBIT II

 

ACKNOWLEDGMENT

 

The Company hereby (a) acknowledges
this Conversion Notice, (b) certifies that the above indicated number of shares of Common Stock [are][are not] eligible to be resold
by the Holder either (i) pursuant to Rule 144 (subject to the Holder’s execution and delivery to the Company of a customary
144 representation letter) or (ii) an effective and available registration statement and (c) hereby directs _________________
to issue the above indicated number of shares of Common Stock in accordance with the Transfer Agent Instructions dated _____________,
20__ from the Company and acknowledged and agreed to by ________________________.

 

	 	RENOVARE ENVIRONMENTAL, INC.
	 	 	 
	 	By:	 
	 	 	Name:	                  
	 	 	Title:Exhibit 4.3

 

AMENDED AND RESTATED CERTIFICATE OF DESIGNATIONS
OF

SERIES H CONVERTIBLE PREFERRED STOCK OF

RENOVARE ENVIRONMENTAL, INC.

 

I, Brian C. Essman, hereby
certify that I am Chief Financial Officer of Renovare Environmental, Inc. (the “Company”), a corporation organized
and existing under the Delaware General Corporation Law (the “DGCL”), and further do hereby certify:

 

That pursuant to the authority
expressly conferred upon the Board of Directors of the Company (the “Board”) by the Company’s Certificate of
Incorporation, as amended (the “Certificate of Incorporation”), and Sections 151(e) and 151(g) of the DGCL,
the Board on August 16 , 2022 adopted the following resolution determining it desirable and in the best interests of the Company
and its stockholders for the Company to amend and restate the Certificate of Designations of Series H Convertible Preferred Stock
(the “Series H Convertible Preferred Stock”), of Three Thousand Three Hundred (3,300) shares of preferred stock
none of which shares have been issued:

 

RESOLVED, that pursuant to
the authority vested in the Board this Company, in accordance with the provisions of the Certificate of Incorporation, a series of preferred
stock, par value $0.0001 per share, of the Company be and hereby is created, and that the designation and number of shares thereof and
the voting and other powers, preferences and relative, participating, optional or other rights of the shares of such series and the qualifications,
limitations and restrictions thereof are as follows:

 

TERMS OF SERIES H CONVERTIBLE PREFERRED STOCK

 

1.            Designation
and Number of Shares. There shall hereby be created and established a series of preferred stock of the Company designated as “Series H
Convertible Preferred Stock” (the “Series H Preferred Shares”). The authorized number of Series H Preferred
Shares shall be 3,300 shares. Each Series H Preferred Share shall have a par value of $0.0001. Capitalized terms not defined herein
shall have the meaning as set forth in Section 32 below.

 

2.            Ranking.
Except to the extent that the Required Holders (as defined in the Securities Purchase Agreement) expressly consent to the creation of
Parity Stock (as defined below) or Senior Preferred Stock (as defined below) in accordance with Section 17, except for the Series G
Preferred Stock (as defined in the Securities Purchase Agreement), which shall rank senior to the Series H Preferred Shares, all
shares of capital stock of the Company shall be junior in rank to all Series H Preferred Shares with respect to the preferences as
to dividends, distributions and payments upon the liquidation, dissolution and winding up of the Company (such junior stock is referred
to herein collectively as “Junior Stock”). The rights of all such shares of capital stock of the Company shall be subject
to the rights, powers, preferences and privileges of the Series H Preferred Shares. Without limiting any other provision of this
Amended and Restated Certificate of Designations (“Certificate of Designations”), without the prior express consent
of the Required Holders, voting separate as a single class, the Company shall not hereafter authorize or issue any additional or other
shares of capital stock that is (i) of senior rank to the Series H Preferred Shares in respect of the preferences as to dividends,
distributions and payments upon the liquidation, dissolution and winding up of the Company (collectively, the “Senior Preferred
Stock”), (ii) of pari passu rank to the Series H Preferred Shares in respect of the preferences as to dividends, distributions
and payments upon the liquidation, dissolution and winding up of the Company (collectively, the “Parity Stock”) or
(iii) any Junior Stock having a maturity date or any other date requiring redemption or repayment of such shares of Junior Stock
that is prior to the Maturity Date. In the event of the merger or consolidation of the Company with or into another corporation, the Series H
Preferred Shares shall maintain their relative rights, powers, designations, privileges and preferences provided for herein and no such
merger or consolidation shall result inconsistent therewith.

 

     

     

    

 

3.            Dividends.
From and after the first date of issuance of any Series H Preferred Shares (the “Initial Issuance Date”), unless
a Triggering Event has occurred and is continuing, no holder of a Series H Preferred Share (each, a “Holder” and
collectively, the “Holders”) shall be entitled to receive any dividends (“Dividends”) except in
accordance with Section 7 or Section 16 below or, otherwise, to the extent, if any, as may be declared by the Board on the Series H
Preferred Shares, from time to time, in its sole and absolute discretion, which Dividends, if any, shall be paid by the Company out of
funds legally available therefor, payable, subject to the conditions and other terms hereof, in cash on the Stated Value of such Series H
Preferred Share. From and after the occurrence and during the continuance of any Triggering Event, Dividends shall accrue on each Series H
Preferred Share at eighteen percent (18.0%) per annum (the “Default Rate”) and shall be computed on the basis of a
360-day year and twelve 30-day months. Dividends, if any, on the Series H Preferred Shares shall be payable by way of inclusion of
the Dividends in the Conversion Amount on each Conversion Date in accordance with Section 4(c)(i) or upon any redemption in
accordance with Section 11 or upon any required payment upon any Bankruptcy Triggering Event.

 

4.            Conversion.
At any time after the Resale Eligibility Date, each Series H Preferred Share shall be convertible into validly issued, fully paid
and non-assessable shares of Common Stock (as defined below), on the terms and conditions set forth in this Section 4.

 

(a)            Holder’s
Conversion Right. Subject to the provisions of Section 4(d), at any time or times on or after the Resale Eligibility Date, each
Holder shall be entitled to convert any portion of the outstanding Series H Preferred Shares held by such Holder into validly issued,
fully paid and non-assessable shares of Common Stock in accordance with Section 4(c) at the Conversion Rate (as defined below).
The Company shall not issue any fraction of a share of Common Stock upon any conversion. If the issuance would result in the issuance
of a fraction of a share of Common Stock, the Company shall round such fraction of a share of Common Stock up to the nearest whole share.
The Company shall pay any and all transfer, stamp, issuance and similar taxes, costs and expenses (including, without limitation, fees
and expenses of the Transfer Agent (as defined below)) that may be payable with respect to the issuance and delivery of Common Stock upon
conversion of any Series H Preferred Shares.

 

(b)            Conversion
Rate. The number of shares of Common Stock issuable upon conversion of any Series H Preferred Share pursuant to Section 4(a) shall
be determined by dividing (x) the Conversion Amount of such Series H Preferred Share by (y) the Conversion Price (the “Conversion
Rate”):

 

    2

     

    

 

(i)            “Conversion
Amount” means, with respect to each Series H Preferred Share, as of the applicable date of determination, the sum of (1) the
Stated Value thereof plus (2) the Additional Amount thereon and any accrued and unpaid Late Charges (as defined below in Section 25(c))
with respect to such Stated Value and Additional Amount as of such date of determination.

 

(ii)            “Conversion
Price” means, with respect to each Series H Preferred Share, as of any Conversion Date or other date of determination,
$0.04, subject to adjustment as provided herein.

 

(c)            Mechanics
of Conversion. The conversion of each Series H Preferred Share shall be conducted in the following manner:

 

(i)            Optional
Conversion. To convert a Series H Preferred Share into shares of Common Stock on any date (a “Conversion Date”),
at any time after the Resale Eligibility Date, a Holder shall deliver (whether via electronic mail or otherwise), for receipt on or prior
to 5:00 p.m., New York time, on such date, a copy of an executed notice of conversion of the share(s) of Series H Preferred
Shares subject to such conversion in the form attached hereto as Exhibit I (the “Conversion Notice”)
to the Company. If required by Section 4(c)(iii), within two (2) Trading Days following a conversion of any such Series H
Preferred Shares as aforesaid, such Holder shall surrender to a nationally recognized overnight delivery service for delivery to the Company
the original certificates, if any, representing the Series H Preferred Shares (the “Series H Preferred Share Certificates”)
so converted as aforesaid (or an indemnification undertaking with respect to the Series H Preferred Shares in the case of its loss,
theft or destruction as contemplated by Section 19(b)). On or before the first (1st) Trading Day following the date of
receipt of a Conversion Notice, the Company shall transmit by electronic mail an acknowledgment of confirmation and representation as
to whether such shares of Common Stock may then be resold pursuant to Rule 144 or an effective and available registration statement,
in the form attached hereto as Exhibit II, of receipt of such Conversion Notice to such Holder and the Company’s
transfer agent (the “Transfer Agent”), which confirmation shall constitute an instruction to the Transfer Agent to
process such Conversion Notice in accordance with the terms herein. On or before the second (2nd) Trading Day following each date on which
the Company has received a Conversion Notice (or such earlier date as required pursuant to the 1934 Act or other applicable law, rule or
regulation for the settlement of a trade initiated on the applicable Conversion Date of such shares of Common Stock issuable pursuant
to such Conversion Notice) (the “Share Delivery Deadline”), the Company shall (1) provided that the Transfer Agent
is participating in The Depository Trust Company’s (“DTC”) Fast Automated Securities Transfer Program (“FAST”),
credit such aggregate number of shares of Common Stock to which such Holder shall be entitled pursuant to such conversion to such Holder’s
or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, or (2) if the Transfer Agent
is not participating in FAST, upon the request of such Holder, issue and deliver (via reputable overnight courier) to the address as specified
in such Conversion Notice, a certificate, registered in the name of such Holder or its designee, for the number of shares of Common Stock
to which such Holder shall be entitled. If the number of Series H Preferred Shares represented by the Series H Preferred Share
Certificate(s) submitted for conversion pursuant to Section 4(c)(iii) is greater than the number of Series H Preferred
Shares being converted, then the Company shall, as soon as practicable and in no event later than two (2) Trading Days after receipt
of the Series H Preferred Share Certificate(s) and at its own expense, issue and deliver to such Holder (or its designee) a
new Series H Preferred Share Certificate or a new Book-Entry (in either case, accordance with Section 19(d)) representing the
number of Series H Preferred Shares not converted. The Person or Persons entitled to receive the shares of Common Stock issuable
upon a conversion of Series H Preferred Shares shall be treated for all purposes as the record holder or holders of such shares of
Common Stock on the Conversion Date. Notwithstanding anything to the contrary contained in this Certificate of Designations or the Registration
Rights Agreement, after the effective date of a Registration Statement (as defined in the Registration Rights Agreement) and prior to
a Holder’s receipt of the notice of a Grace Period (as defined in the Registration Rights Agreement), the Company shall cause the
Transfer Agent to deliver unlegended shares of Common Stock to such Holder (or its designee) in connection with any sale of Registrable
Securities (as defined in the Registration Rights Agreement) with respect to which such Holder has entered into a contract for sale, and
delivered a copy of the prospectus included as part of the particular Registration Statement to the extent applicable, and for which such
Holder has not yet settled.

 

    3

     

    

 

(ii)            Company’s
Failure to Timely Convert. If the Company shall fail, for any reason or for no reason, on or prior to the applicable Share Delivery
Deadline, either (I) if the Transfer Agent is not participating in FAST, to issue and deliver to such Holder (or its designee) a
certificate for the number of shares of Common Stock to which such Holder is entitled and register such shares of Common Stock on the
Company’s share register or, if the Transfer Agent is participating in FAST, to credit such Holder’s or its designee’s
balance account with DTC for such number of shares of Common Stock to which such Holder is entitled upon such Holder’s conversion
of any Conversion Amount (as the case may be) or (II) if the Registration Statement covering the resale of the shares of Common Stock
that are the subject of the Conversion Notice (the “Unavailable Conversion Shares”) is not available for the resale
of such Unavailable Conversion Shares and the Company fails to promptly, but in no event later than as required pursuant to the Registration
Rights Agreement (x) notify such Holder and (y) deliver the shares of Common Stock electronically without any restrictive legend
by crediting such aggregate number of shares of Common Stock to which such Holder is entitled pursuant to such exercise to such Holder’s
or its designee’s balance account with DTC through its Deposit/Withdrawal At Custodian system (the event described in the immediately
foregoing clause (II) is hereinafter referred as a “Notice Failure” and together with the event described in clause
(I) above, a “Conversion Failure”), then, in addition to all other remedies available to such Holder, (X) the
Company shall pay in cash to such Holder on each day after the Share Delivery Deadline that the issuance of such shares of Common Stock
is not timely effected an amount equal to 2% of the product of (A) the sum of the number of shares of Common Stock not issued to
such Holder on or prior to the Share Delivery Deadline and to which such Holder is entitled, multiplied by (B) any trading price
of the Common Stock selected by such Holder in writing as in effect at any time during the period beginning on the applicable Conversion
Date and ending on the applicable Share Delivery Deadline, and (Y) such Holder, upon written notice to the Company, may void its
Conversion Notice with respect to, and retain or have returned, as the case may be, all, or any portion, of such Series H Preferred
Shares that has not been converted pursuant to such Conversion Notice; provided that the voiding of an Conversion Notice shall not affect
the Company’s obligations to make any payments which have accrued prior to the date of such notice pursuant to this Section 4(c)(ii) or
otherwise. In addition to the foregoing, if on or prior to the Share Delivery Deadline either (A) the Transfer Agent is not participating
in FAST, the Company shall fail to issue and deliver to such Holder (or its designee) a certificate and register such shares of Common
Stock on the Company’s share register or, if the Transfer Agent is participating in FAST, the Transfer Agent shall fail to credit
the balance account of such Holder or such Holder’s designee, as applicable, with DTC for the number of shares of Common Stock to
which such Holder is entitled upon such Holder’s conversion hereunder or pursuant to the Company’s obligation pursuant to
clause (ii) below or (B) a Notice Failure occurs, and if on or after such Share Delivery Deadline such Holder acquires (in an
open market transaction, stock loan or otherwise) shares of Common Stock corresponding to all or any portion of the number of shares of
Common Stock issuable upon such conversion that such Holder is entitled to receive from the Company and has not received from the Company
in connection with such Conversion Failure or Notice Failure, as applicable (a “Buy-In”), then, in addition to all
other remedies available to such Holder, the Company shall, within two (2) Business Days after receipt of such Holder’s request
and in such Holder’s discretion, either: (I) pay cash to such Holder in an amount equal to such Holder’s total purchase
price (including brokerage commission, stock loan costs and other out-of-pocket expenses, if any) for the shares of Common Stock so acquired
(including, without limitation, by any other Person in respect, or on behalf, of such Holder) (the “Buy-In Price”),
at which point the Company’s obligation to so issue and deliver such certificate (and to issue such shares of Common Stock) or credit
to the balance account of such Holder or such Holder’s designee, as applicable, with DTC for the number of shares of Common Stock
to which such Holder is entitled upon such Holder’s conversion hereunder (as the case may be) (and to issue such shares of Common
Stock) shall terminate, or (II) promptly honor its obligation to so issue and deliver to such Holder a certificate or certificates
representing such shares of Common Stock or credit the balance account of such Holder or such Holder’s designee, as applicable,
with DTC for the number of shares of Common Stock to which such Holder is entitled upon such Holder’s conversion hereunder (as the
case may be) and pay cash to such Holder in an amount equal to the excess (if any) of the Buy-In Price over the product of (x) such
number of shares of Common Stock multiplied by (y) the lowest Closing Sale Price of the Common Stock on any Trading Day during the
period commencing on the date of the applicable Conversion Notice and ending on the date of such issuance and payment under this clause
(II). Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity, including,
without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver
certificates representing shares of Common Stock (or to electronically deliver such shares of Common Stock) upon the conversion of the
Series H Preferred Shares as required pursuant to the terms hereof. Notwithstanding anything herein to the contrary, with respect
to any given Notice Failure and/or Conversion Failure, this Section 4(c)(ii) shall not apply to a Holder to the extent the Company
has already paid such amounts in full to such Holder with respect to such Notice Failure and/or Conversion Failure, as applicable, pursuant
to the analogous sections of the Securities Purchase Agreement.

 

    4

     

    

 

(iii)            Registration;
Book-Entry. At the time of issuance of any Series H Preferred Shares hereunder, the applicable Holder may, by written request
(including by electronic-mail) to the Company, elect to receive such Series H Preferred Shares in the form of one or more Series H
Preferred Share Certificates or in Book-Entry form. The Company (or the Transfer Agent, as custodian for the Series H Preferred Shares)
shall maintain a register (the “Register”) for the recordation of the names and addresses of the Holders of each Series H
Preferred Share and the Stated Value of the Series H Preferred Shares and whether the Series H Preferred Shares are held by
such Holder in Series H Preferred Share Certificates or in Book-Entry form (the “Registered Series H Preferred Shares”).
The entries in the Register shall be conclusive and binding for all purposes absent manifest error. The Company and each Holder of the
Series H Preferred Shares shall treat each Person whose name is recorded in the Register as the owner of a Series H Preferred
Share for all purposes (including, without limitation, the right to receive payments and Dividends hereunder) notwithstanding notice to
the contrary. A Registered Series H Preferred Share may be assigned, transferred or sold only by registration of such assignment
or sale on the Register. Upon its receipt of a written request to assign, transfer or sell one or more Registered Series H Preferred
Shares by such Holder thereof, the Company shall record the information contained therein in the Register and issue one or more new Registered
Series H Preferred Shares in the same aggregate Stated Value as the Stated Value of the surrendered Registered Series H Preferred
Shares to the designated assignee or transferee pursuant to Section 19, provided that if the Company does not so record an assignment,
transfer or sale (as the case may be) of such Registered Series H Preferred Shares within two (2) Business Days of such a request,
then the Register shall be automatically deemed updated to reflect such assignment, transfer or sale (as the case may be). Notwithstanding
anything to the contrary set forth in this Section 4, following conversion of any Series H Preferred Shares in accordance with
the terms hereof, the applicable Holder shall not be required to physically surrender such Series H Preferred Shares held in the
form of a Series H Preferred Share Certificate to the Company unless (A) the full or remaining number of Series H Preferred
Shares represented by the applicable Series H Preferred Share Certificate are being converted (in which event such certificate(s) shall
be delivered to the Company as contemplated by this Section 4(c)(iii)) or (B) such Holder has provided the Company with prior
written notice (which notice may be included in a Conversion Notice) requesting reissuance of Series H Preferred Shares upon physical
surrender of the applicable Series H Preferred Share Certificate. Each Holder and the Company shall maintain records showing the
Stated Value, Dividends and Late Charges converted and/or paid (as the case may be) and the dates of such conversions and/or payments
(as the case may be) or shall use such other method, reasonably satisfactory to such Holder and the Company, so as not to require physical
surrender of a Series H Preferred Share Certificate upon conversion. If the Company does not update the Register to record such Stated
Value, Dividends and Late Charges converted and/or paid (as the case may be) and the dates of such conversions and/or payments (as the
case may be) within two (2) Business Days of such occurrence, then the Register shall be automatically deemed updated to reflect
such occurrence. In the event of any dispute or discrepancy, such records of such Holder establishing the number of Series H Preferred
Shares to which the record holder is entitled shall be controlling and determinative in the absence of manifest error. A Holder and any
transferee or assignee, by acceptance of a certificate, acknowledge and agree that, by reason of the provisions of this paragraph, following
conversion of any Series H Preferred Shares, the number of Series H Preferred Shares represented by such certificate may be
less than the number of Series H Preferred Shares stated on the face thereof. Each Series H Preferred Share Certificate shall
bear the following legend:

 

    5

     

    

 

ANY TRANSFEREE OR ASSIGNEE OF THIS CERTIFICATE
SHOULD CAREFULLY REVIEW THE TERMS OF THE CORPORATION’S CERTIFICATE OF DESIGNATIONS RELATING TO THE SHARES OF SERIES H PREFERRED
STOCK REPRESENTED BY THIS CERTIFICATE, INCLUDING SECTION 4(c)(iii) THEREOF. THE NUMBER OF SHARES OF SERIES H PREFERRED
STOCK REPRESENTED BY THIS CERTIFICATE MAY BE LESS THAN THE NUMBER OF SHARES OF SERIES H PREFERRED STOCK STATED ON THE FACE HEREOF
PURSUANT TO SECTION 4(c)(iii) OF THE CERTIFICATE OF DESIGNATIONS RELATING TO THE SHARES OF SERIES H PREFERRED STOCK REPRESENTED
BY THIS CERTIFICATE.

 

(iv)          Pro
Rata Conversion; Disputes. In the event that the Company receives a Conversion Notice from more than one Holder for the same Conversion
Date and the Company can convert some, but not all, of such Series G Preferred Shares and/or Series H Preferred Shares, as applicable,
submitted for conversion, the Company shall convert from each Holder electing to have Series G Preferred Shares and/or Series H
Preferred Shares, as applicable, converted on such date a pro rata amount of such Holder’s Series G Preferred Shares and/or
Series H Preferred Shares, as applicable, submitted for conversion on such date based on the number of Series G Preferred Shares
and/or Series H Preferred Shares, as applicable, submitted for conversion on such date by such Holder relative to the aggregate number
of Series G Preferred Shares and/or Series H Preferred Shares, as applicable, submitted for conversion on such date. In the
event of a dispute as to the number of shares of Common Stock issuable to a Holder in connection with a conversion of Series G Preferred
Shares and/or Series H Preferred Shares, as applicable, the Company shall issue to such Holder the number of shares of Common Stock
not in dispute and resolve such dispute in accordance with Section 24.

 

    6

     

    

 

(d)            Limitation
on Beneficial Ownership. The Company shall not effect the conversion of any of the Series H Preferred Shares held by a Holder,
and such Holder shall not have the right to convert any of the Series H Preferred Shares held by such Holder pursuant to the terms
and conditions of this Certificate of Designations and any such conversion shall be null and void and treated as if never made, to the
extent that after giving effect to such conversion, such Holder together with the other Attribution Parties collectively would beneficially
own in excess of 4.99% (the “Maximum Percentage”) of the shares of Common Stock outstanding immediately after giving
effect to such conversion. For purposes of the foregoing sentence, the aggregate number of shares of Common Stock beneficially owned by
such Holder and the other Attribution Parties shall include the number of shares of Common Stock held by such Holder and all other Attribution
Parties plus the number of shares of Common Stock issuable upon conversion of the Series H Preferred Shares with respect to which
the determination of such sentence is being made, but shall exclude shares of Common Stock which would be issuable upon (A) conversion
of the remaining, nonconverted Series H Preferred Shares beneficially owned by such Holder or any of the other Attribution Parties
and (B) exercise or conversion of the unexercised or nonconverted portion of any other securities of the Company (including, without
limitation, any convertible notes, convertible preferred stock or warrants, including the Series H Preferred Shares and the Common
Warrants) beneficially owned by such Holder or any other Attribution Party subject to a limitation on conversion or exercise analogous
to the limitation contained in this Section 4(d). For purposes of this Section 4(d), beneficial ownership shall be calculated
in accordance with Section 13(d) of the 1934 Act. For purposes of determining the number of outstanding shares of Common Stock
a Holder may acquire upon the conversion of such Series H Preferred Shares without exceeding the Maximum Percentage, such Holder
may rely on the number of outstanding shares of Common Stock as reflected in (x) the Company’s most recent Annual Report on
Form 10-K, Quarterly Report on Form 10-Q, Current Report on Form 8-K or other public filing with the SEC, as the case may
be, (y) a more recent public announcement by the Company or (z) any other written notice by the Company or the Transfer Agent,
if any, setting forth the number of shares of Common Stock outstanding (the “Reported Outstanding Share Number”). If
the Company receives a Conversion Notice from a Holder at a time when the actual number of outstanding shares of Common Stock is less
than the Reported Outstanding Share Number, the Company shall notify such Holder in writing of the number of shares of Common Stock then
outstanding and, to the extent that such Conversion Notice would otherwise cause such Holder’s beneficial ownership, as determined
pursuant to this Section 4(d), to exceed the Maximum Percentage, such Holder must notify the Company of a reduced number of shares
of Common Stock to be purchased pursuant to such Conversion Notice. For any reason at any time, upon the written or oral request of any
Holder, the Company shall within one (1) Business Day confirm orally and in writing or by electronic mail to such Holder the number
of shares of Common Stock then outstanding. In any case, the number of outstanding shares of Common Stock shall be determined after giving
effect to the conversion or exercise of securities of the Company, including such Series H Preferred Shares, by such Holder and any
other Attribution Party since the date as of which the Reported Outstanding Share Number was reported. In the event that the issuance
of shares of Common Stock to a Holder upon conversion of such Series H Preferred Shares results in such Holder and the other Attribution
Parties being deemed to beneficially own, in the aggregate, more than the Maximum Percentage of the number of outstanding shares of Common
Stock (as determined under Section 13(d) of the 1934 Act), the number of shares so issued by which such Holder’s and the
other Attribution Parties’ aggregate beneficial ownership exceeds the Maximum Percentage (the “Excess Shares”)
shall be deemed null and void and shall be cancelled ab initio, and such Holder shall not have the power to vote or to transfer the Excess
Shares. Upon delivery of a written notice to the Company, any Holder may from time to time increase (with such increase not effective
until the sixty-first (61st) day after delivery of such notice) or decrease the Maximum Percentage of such Holder to any other
percentage not in excess of 9.99% as specified in such notice; provided that (i) any such increase in the Maximum Percentage will
not be effective until the sixty-first (61st) day after such notice is delivered to the Company and (ii) any such increase
or decrease will apply only to such Holder and the other Attribution Parties and not to any other Holder that is not an Attribution Party
of such Holder. For purposes of clarity, the shares of Common Stock issuable to a Holder pursuant to the terms of this Certificate of
Designations in excess of the Maximum Percentage shall not be deemed to be beneficially owned by such Holder for any purpose including
for purposes of Section 13(d) or Rule 16a-1(a)(1) of the 1934 Act. No prior inability to convert such Series H
Preferred Shares pursuant to this paragraph shall have any effect on the applicability of the provisions of this paragraph with respect
to any subsequent determination of convertibility. The provisions of this paragraph shall be construed and implemented in a manner otherwise
than in strict conformity with the terms of this Section 4(d) to the extent necessary to correct this paragraph (or any portion
of this paragraph) which may be defective or inconsistent with the intended beneficial ownership limitation contained in this Section 4(d) or
to make changes or supplements necessary or desirable to properly give effect to such limitation. The limitation contained in this paragraph
may not be waived and shall apply to a successor holder of such Series H Preferred Shares.

 

    7

     

    

 

(e)            Right
of Alternate Conversion Upon a Triggering Event.

 

(i)            General.
Subject to Section 4(d), at any time after the Resale Eligibility Date and during a Triggering Event Redemption Right Period (as
defined below)(regardless of whether such Triggering Event has been cured or if the applicable Holder has delivered an Triggering Event
Redemption Notice to the Company), such Holder may, at such Holder’s option, by delivery of a Conversion Notice to the Company (the
date of any such Conversion Notice, each an “Alternate Conversion Date”), convert all, or any number of Series H
Preferred Shares (such Conversion Amount of the Series H Preferred Shares to be converted pursuant to this Section 4(e)(ii),
each, an “Alternate Conversion Amount”) into shares of Common Stock at the Alternate Conversion Price (each an “Alternate
Conversion”).

 

(ii)            Mechanics
of Alternate Conversion. On any Alternate Conversion Date, a Holder may voluntarily convert any Alternate Conversion Amount of Series H
Preferred Shares pursuant to Section 4(c) (with “Alternate Conversion Price” replacing “Conversion Price”
for all purposes hereunder with respect to such Alternate Conversion and with “Required Premium of the Conversion Amount”
replacing “Conversion Amount” in clause (x) of the definition of Conversion Rate above with respect to such Alternate
Conversion) by designating in the Conversion Notice delivered pursuant to this Section 4(e) of this Certificate of Designations
that such Holder is electing to use the Alternate Conversion Price for such conversion. Notwithstanding anything to the contrary in this
Section 4(e), but subject to Section 4(d), until the Company delivers shares of Common Stock representing the applicable Alternate
Conversion Amount of Series H Preferred Shares to such Holder, such Series H Preferred Shares may be converted by such Holder
into shares of Common Stock pursuant to Section 4(c) without regard to this Section 4(e).

 

5.            Triggering
Event Redemptions.

 

(a)            Triggering
Event. Each of the following events shall constitute a “Triggering Event” and each of the events in clauses (x),
(xi), and (xii) shall constitute a “Bankruptcy Triggering Event”:

 

    8

     

    

 

(i)            the
failure of the applicable Registration Statement (as defined in the Registration Rights Agreement) to be filed with the SEC on or prior
to the date that is five (5) days after the applicable Filing Deadline (as defined in the Registration Rights Agreement) or the failure
of the applicable Registration Statement to be declared effective by the SEC on or prior to the date that is five (5) days after
the applicable Effectiveness Deadline (as defined in the Registration Rights Agreement);

 

(ii)            while
the applicable Registration Statement is required to be maintained effective pursuant to the terms of the Registration Rights Agreement,
the effectiveness of the applicable Registration Statement lapses for any reason (including, without limitation, the issuance of a stop
order) or such Registration Statement (or the prospectus contained therein) is unavailable to any holder of Registrable Securities (as
defined in the Registration Rights Agreement) for sale of all of such holder’s Registrable Securities in accordance with the terms
of the Registration Rights Agreement, and such lapse or unavailability continues for a period of five (5) consecutive days or for
more than an aggregate of ten (10) days in any 365-day period (excluding days during an Allowable Grace Period (as defined in the
Registration Rights Agreement));

 

(iii)            the
suspension (or threatened suspension) from trading or the failure (or threatened failure) of the Common Stock to be trading or listed
(as applicable) on an Eligible Market for a period of five (5) consecutive Trading Days;

 

(iv)            the
Company’s (A) failure to cure a Conversion Failure or a Delivery Failure (as defined in the Common Warrants) by delivery of
the required number of shares of Common Stock within five (5) Trading Days after the applicable Conversion Date or exercise date
(as the case may be) or (B) notice, written or oral, to any holder of Series G Preferred Shares, Series H Preferred Shares
or Common Warrants, including, without limitation, by way of public announcement or through any of its agents, at any time, of its intention
not to comply, as required, with a request for exercise of any Common Warrants for Warrant Common Shares in accordance with the provisions
of the Common Warrants or a request for conversion of any Series G Preferred Shares or Series H Preferred Shares into shares
of Common Stock that is requested in accordance with the provisions of this Certificate of Designations or the Series G Certificate
of Designations (as defined in the Securities Purchase Agreement), as applicable, other than pursuant to Section 4(d) hereof;

 

(v)            except
to the extent the Company is in compliance with Section 10(b) below, at any time following the tenth (10th) consecutive
day that a Holder’s Authorized Share Allocation (as defined in Section 10(a) below) is less than the sum of (A) 250%
of the number of shares of Common Stock that such Holder would be entitled to receive upon a conversion, in full, of all of the Series G
Preferred Shares then held by such Holder (without regard to any limitations on conversion set forth in the Series G Certificate
of Designations), (B) 250% of the number of shares of Common Stock that such Holder would be entitled to receive upon a conversion,
in full, of all of the Series H Preferred Shares then held by such Holder (without regard to any limitations on conversion set forth
in this Certificate of Designations), (C) 100% of the number of shares of Common Stock that such Holder would then be entitled to
receive upon exercise in full of such Holder’s Common Warrants (without regard to any limitations on exercise set forth in the Common
Warrants) and (D) 100% of the number of Warrant Preferred Shares that such Holder would then be entitled to receive upon exercise
in full of such Holder’s Preferred Warrants (without regard to any limitations on exercise set forth in the Preferred Warrants);

 

    9

     

    

 

(vi)           the
Board fails to declare any Dividend required to be paid hereunder in accordance with Section 3;

 

(vii)          the
Company’s failure to pay to any Holder any amount when and as due under this Certificate of Designations (including, without limitation,
the Company’s failure to pay any redemption payments or amounts hereunder), the Securities Purchase Agreement or any other Transaction
Document or any other agreement, document, certificate or other instrument delivered in connection with the transactions contemplated
hereby and thereby (in each case, whether or not permitted pursuant to the DGCL), except, in the case of a failure to pay Dividends and
Late Charges when and as due, in each such case only if such failure remains uncured for a period of at least two (2) Trading Days;

 

(viii)        the
Company fails to remove any restrictive legend on any certificate or any shares of Common Stock issued to the applicable Holder upon conversion
or exercise (as the case may be) of any Securities (as defined in the Securities Purchase Agreement) acquired by such Holder under the
Transaction Documents as and when required by such Securities or the Securities Purchase Agreement, as applicable, unless otherwise then
prohibited by applicable federal securities laws, and any such failure remains uncured for at least five (5) days;

 

(ix) the occurrence
of any default under, redemption of or acceleration prior to maturity of at least an aggregate of $250,000 of Indebtedness (as defined
in the Securities Purchase Agreement) of the Company or any of its Subsidiaries;

 

(x) bankruptcy,
insolvency, reorganization or liquidation proceedings or other proceedings for the relief of debtors shall be instituted by or against
the Company or any Subsidiary and, if instituted against the Company or any Subsidiary by a third party, shall not be dismissed within
thirty (30) days of their initiation;

 

    10

     

    

 

(xi)           the commencement
by the Company or any Subsidiary of a voluntary case or proceeding under any applicable federal, state or foreign bankruptcy, insolvency,
reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, or the consent by it
to the entry of a decree, order, judgment or other similar document in respect of the Company or any Subsidiary in an involuntary case
or proceeding under any applicable federal, state or foreign bankruptcy, insolvency, reorganization or other similar law or to the commencement
of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization
or relief under any applicable federal, state or foreign law, or the consent by it to the filing of such petition or to the appointment
of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company
or any Subsidiary or of any substantial part of its property, or the making by it of an assignment for the benefit of creditors, or the
execution of a composition of debts, or the occurrence of any other similar federal, state or foreign proceeding, or the admission by
it in writing of its inability to pay its debts generally as they become due, the taking of corporate action by the Company or any Subsidiary
in furtherance of any such action or the taking of any action by any Person to commence a Uniform Commercial Code foreclosure sale or
any other similar action under federal, state or foreign law;

 

(xii)          the entry
by a court of (i) a decree, order, judgment or other similar document in respect of the Company or any Subsidiary of a voluntary
or involuntary case or proceeding under any applicable federal, state or foreign bankruptcy, insolvency, reorganization or other similar
law or (ii) a decree, order, judgment or other similar document adjudging the Company or any Subsidiary as bankrupt or insolvent,
or approving as properly filed a petition seeking liquidation, reorganization, arrangement, adjustment or composition of or in respect
of the Company or any Subsidiary under any applicable federal, state or foreign law or (iii) a decree, order, judgment or other similar
document appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or any
Subsidiary or of any substantial part of its property, or ordering the winding up or liquidation of its affairs, and the continuance of
any such decree, order, judgment or other similar document or any such other decree, order, judgment or other similar document unstayed
and in effect for a period of thirty (30) consecutive days;

 

(xiii)         a
final judgment or judgments for the payment of money aggregating in excess of $250,000 are rendered against the Company and/or any of
its Subsidiaries and which judgments are not, within thirty (30) days after the entry thereof, bonded, discharged, settled or stayed pending
appeal, or are not discharged within thirty (30) days after the expiration of such stay; provided, however, any judgment which is covered
by insurance or an indemnity from a credit worthy party shall not be included in calculating the $250,000 amount set forth above so long
as the Company provides each Holder a written statement from such insurer or indemnity provider (which written statement shall be reasonably
satisfactory to each Holder) to the effect that such judgment is covered by insurance or an indemnity and the Company or such Subsidiary
(as the case may be) will receive the proceeds of such insurance or indemnity within thirty (30) days of the issuance of such judgment;

 

    11

     

    

 

(xiv)            the
Company and/or any Subsidiary, individually or in the aggregate, either (i) fails to pay, when due, or within any applicable grace
period, any payment with respect to any Indebtedness in excess of $250,000 due to any third party (other than, with respect to unsecured
Indebtedness only, payments contested by the Company and/or such Subsidiary (as the case may be) in good faith by proper proceedings and
with respect to which adequate reserves have been set aside for the payment thereof in accordance with GAAP) or is otherwise in breach
or violation of any agreement for monies owed or owing in an amount in excess of $250,000, which breach or violation permits the other
party thereto to declare a default or otherwise accelerate amounts due thereunder, or (ii) suffer to exist any other circumstance
or event that would, with or without the passage of time or the giving of notice, result in a default or event of default under any agreement
binding the Company or any Subsidiary, which default or event of default would or is likely to have a material adverse effect on the business,
assets, operations (including results thereof), liabilities, properties, condition (including financial condition) or prospects of the
Company or any of its Subsidiaries, individually or in the aggregate;

 

(xv)            other
than as specifically set forth in another clause of this Section 5(a), the Company or any Subsidiary breaches any representation
or warranty or any covenant or other term or condition of any Transaction Document, except, in the case of a breach of a covenant or other
term or condition that is curable, only if such breach remains uncured for a period of two (2) consecutive Trading Days;

 

(xvi)            a
false or inaccurate certification (including a false or inaccurate deemed certification) by the Company as to whether any Triggering Event
has occurred;

 

(xvii)            any
breach or failure in any respect by the Company or any Subsidiary to comply with any provision of Section 14(m) of this Certificate
of Designations;

 

(xviii)          the Company
fails to consummate the Harp Transaction, pursuant to written agreements in form and substance satisfactory to the Required Holders, on
or prior to October 31, 2022;

 

(xix)            any
Material Adverse Effect (as defined in the Securities Purchase Agreement) occurs; or

 

(xx)             any
provision of any Transaction Document shall at any time for any reason (other than pursuant to the express terms thereof) cease
to be valid and binding on or enforceable against the Company, or the validity or enforceability thereof shall be contested, directly
or indirectly, by the Company or any Subsidiary, or a proceeding shall be commenced by the Company or any Subsidiary or any governmental
authority having jurisdiction over any of them, seeking to establish the invalidity or unenforceability thereof or the Company or any
of its Subsidiaries shall deny in writing that it has any liability or obligation purported to be created under one or more Transaction
Documents.

 

    12

     

    

 

(b)            Notice
of a Triggering Event; Redemption Right. Upon the occurrence of a Triggering Event with respect to the Series H Preferred Shares,
the Company shall within one (1) Business Day deliver written notice thereof via electronic mail and overnight courier (with next
day delivery specified) (an “Triggering Event Notice”) to each Holder. At any time after the earlier of a Holder’s
receipt of a Triggering Event Notice and such Holder becoming aware of a Triggering Event (such earlier date, the “Triggering
Event Right Commencement Date”) and ending (such ending date, the “Triggering Event Right Expiration Date”,
and each such period, an “Triggering Event Redemption Right Period”) on the twentieth (20th) Trading Day after the
later of (x) the date such Triggering Event is cured and (y) such Holder’s receipt of a Triggering Event Notice that includes
(I) a reasonable description of the applicable Triggering Event, (II) a certification as to whether, in the opinion of the Company,
such Triggering Event is capable of being cured and, if applicable, a reasonable description of any existing plans of the Company to cure
such Triggering Event and (III) a certification as to the date the Triggering Event occurred and, if cured on or prior to the date
of such Triggering Event Notice, the applicable Triggering Event Right Expiration Date, such Holder may require the Company to redeem
(regardless of whether such Triggering Event has been cured) all or any of the Series H Preferred Shares by delivering written notice
thereof (the “Triggering Event Redemption Notice”) to the Company, which Triggering Event Redemption Notice shall indicate
the number of the Series H Preferred Shares such Holder is electing to redeem. Each of the Series H Preferred Shares subject
to redemption by the Company pursuant to this Section 5(b) shall be redeemed by the Company at a price equal to the greater
of (i) the product of (A) the Conversion Amount to be redeemed multiplied by (B) the Redemption Premium and (ii) the
product of (X) the Conversion Rate with respect to the Conversion Amount in effect at such time as such Holder delivers a Triggering
Event Redemption Notice multiplied by (Y) the product of (1) the Redemption Premium multiplied by (2) the greatest Closing
Sale Price of the Common Stock on any Trading Day during the period commencing on the date immediately preceding such Triggering Event
and ending on the date the Company makes the entire payment required to be made under this Section 5(b)  (the “Triggering
Event Redemption Price”). Redemptions required by this Section 5(b) shall be made in accordance with the provisions
of Section 11. To the extent redemptions required by this Section 5(b) are deemed or determined by a court of competent
jurisdiction to be prepayments of the Series H Preferred Shares by the Company, such redemptions shall be deemed to be voluntary
prepayments. Notwithstanding anything to the contrary in this Section 5(b), but subject to Section 4(d), until the Triggering
Event Redemption Price (together with any Late Charges thereon) is paid in full, the Conversion Amount submitted for redemption under
this Section 5(b)  (together with any Late Charges thereon) may be converted, in whole or in part, by such Holder into Common
Stock pursuant to the terms of this Certificate of Designations. In the event of the Company’s redemption of any of the Series H
Preferred Shares under this Section 5(b), a Holder’s damages would be uncertain and difficult to estimate because of the parties’
inability to predict future interest rates and the uncertainty of the availability of a suitable substitute investment opportunity for
such Holder. Accordingly, any redemption premium due under this Section 5(b)  is intended by the parties to be, and shall be
deemed, a reasonable estimate of such Holder’s actual loss of its investment opportunity and not as a penalty. Any redemption upon
a Triggering Event shall not constitute an election of remedies by the applicable Holder or any other Holder, and all other rights and
remedies of each Holder shall be preserved.

 

    13

     

    

 

(c)            Mandatory
Redemption upon Bankruptcy Triggering Event. Notwithstanding anything to the contrary herein, and notwithstanding any conversion that
is then required or in process, upon any Bankruptcy Triggering Event, whether occurring prior to or following the Maturity Date, the Company
shall immediately redeem, in cash, each of the Series H Preferred Shares then outstanding at a redemption price equal to the applicable
Triggering Event Redemption Price (calculated as if such Holder shall have delivered the Triggering Event Redemption Notice immediately
prior to the occurrence of such Bankruptcy Triggering Event), without the requirement for any notice or demand or other action by any
Holder or any other person or entity, provided that a Holder may, in its sole discretion, waive such right to receive payment upon a Bankruptcy
Triggering Event, in whole or in part, and any such waiver shall not affect any other rights of such Holder or any other Holder hereunder,
including any other rights in respect of such Bankruptcy Triggering Event, any right to conversion, and any right to payment of such Triggering
Event Redemption Price or any other Redemption Price, as applicable.

 

6.            Rights
Upon Fundamental Transactions.

 

(a)            Assumption.
The Company shall not enter into or be party to a Fundamental Transaction unless (i) the Successor Entity (if the Successor Entity
is not the Company) assumes in writing all of the obligations of the Company under this Certificate of Designations and the other Transaction
Documents in accordance with the provisions of this Section 6(a) pursuant to written agreements in form and substance satisfactory
to the Required Holders and approved by the Required Holders prior to such Fundamental Transaction, including agreements to deliver to
each holder of Series H Preferred Shares in exchange for such Series H Preferred Shares a security of the Successor Entity evidenced
by a written instrument substantially similar in form and substance to this Certificate of Designations, including, without limitation,
having a stated value and dividend rate equal to the stated value and dividend rate of the Series H Preferred Shares held by the
Holders and having similar ranking to the Series H Preferred Shares, and satisfactory to the Required Holders and (ii) the Successor
Entity (including its Parent Entity) is a publicly traded corporation whose shares of common stock are quoted on or listed for trading
on an Eligible Market. Upon the occurrence of any Fundamental Transaction, the Successor Entity shall succeed to, and be substituted for
(so that from and after the date of such Fundamental Transaction, the provisions of this Certificate of Designations and the other Transaction
Documents referring to the “Company” shall refer instead to the Successor Entity), and may exercise every right and power
of the Company and shall assume all of the obligations of the Company under this Certificate of Designations and the other Transaction
Documents with the same effect as if such Successor Entity had been named as the Company herein and therein. In addition to the foregoing,
upon consummation of a Fundamental Transaction, the Successor Entity (if the Successor Entity is not the Company) shall deliver to each
Holder confirmation that there shall be issued upon conversion or redemption of the Series H Preferred Shares at any time after the
consummation of such Fundamental Transaction, in lieu of the shares of Common Stock (or other securities, cash, assets or other property
(except such items still issuable under Sections 7 and 16, which shall continue to be receivable thereafter)) issuable upon the conversion
or redemption of the Series H Preferred Shares prior to such Fundamental Transaction, such shares of the publicly traded common stock
(or their equivalent) of the Successor Entity (including its Parent Entity) which each Holder would have been entitled to receive upon
the happening of such Fundamental Transaction had all the Series H Preferred Shares held by each Holder been converted immediately
prior to such Fundamental Transaction (without regard to any limitations on the conversion of the Series H Preferred Shares contained
in this Certificate of Designations), as adjusted in accordance with the provisions of this Certificate of Designations. Notwithstanding
the foregoing, such Holder may elect, at its sole option, by delivery of written notice to the Company to waive this Section 6(a) to
permit the Fundamental Transaction without the assumption of the Series H Preferred Shares. The provisions of this Section 6
shall apply similarly and equally to successive Fundamental Transactions and shall be applied without regard to any limitations on the
conversion or redemption of the Series H Preferred Shares.

 

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(b)            Notice
of a Change of Control Redemption Right. No sooner than twenty (20) Trading Days nor later than ten (10) Trading Days prior to
the consummation of a Change of Control (the “Change of Control Date”), but not prior to the public announcement of
such Change of Control, the Company shall deliver written notice thereof via electronic mail and overnight courier to each Holder (a “Change
of Control Notice”). At any time during the period beginning after a Holder’s receipt of a Change of Control Notice or
such Holder becoming aware of a Change of Control if a Change of Control Notice is not delivered to such Holder in accordance with the
immediately preceding sentence (as applicable) and ending on the later of (A) the date of consummation of such Change of Control
or (B) twenty (20) Trading Days after the date of receipt of such Change of Control Notice or (C) twenty (20) Trading Days after
the date of the announcement of such Change of Control, such Holder may require the Company to redeem all or any portion of such Holder’s
Series H Preferred Shares by delivering written notice thereof (“Change of Control Redemption Notice”) to the
Company, which Change of Control Redemption Notice shall indicate the number of Series H Preferred Shares such Holder is electing
to have the Company redeem. Each Series H Preferred Share subject to redemption pursuant to this Section 6(b) shall be
redeemed by the Company in cash at a price equal to the greatest of (i) the product of (w) the Change of Control Redemption
Premium multiplied by (y) the Conversion Amount of the Series H Preferred Shares being redeemed, (ii) the product of (x) the
Change of Control Redemption Premium multiplied by (y) the product of (A) the Conversion Amount of the Series H Preferred
Shares being redeemed multiplied by (B) the quotient determined by dividing (I) the greatest Closing Sale Price of the shares
of Common Stock during the period beginning on the date immediately preceding the earlier to occur of (1) the consummation of the
applicable Change of Control and (2) the public announcement of such Change of Control and ending on the date such Holder delivers
the Change of Control Redemption Notice by (II) the Conversion Price then in effect and (iii) the product of (y) the Change
of Control Redemption Premium multiplied by (z) the product of (A) the Conversion Amount of the Series H Preferred Shares
being redeemed multiplied by (B) the quotient of (I) the aggregate cash consideration and the aggregate cash value of any non-cash
consideration per share of Common Stock to be paid to such holders of the shares of Common Stock upon consummation of such Change of Control
(any such non-cash consideration constituting publicly-traded securities shall be valued at the highest of the Closing Sale Price of such
securities as of the Trading Day immediately prior to the consummation of such Change of Control, the Closing Sale Price of such securities
on the Trading Day immediately following the public announcement of such proposed Change of Control and the Closing Sale Price of such
securities on the Trading Day immediately prior to the public announcement of such proposed Change of Control) divided by (II) the
Conversion Price then in effect (the “Change of Control Redemption Price”). Redemptions required by this Section 6(b) shall
have priority to payments to all other stockholders of the Company in connection with such Change of Control. To the extent redemptions
required by this Section 6(b) are deemed or determined by a court of competent jurisdiction to be prepayments of the Series H
Preferred Shares by the Company, such redemptions shall be deemed to be voluntary prepayments. Notwithstanding anything to the contrary
in this Section 6(b), but subject to Section 4(d), until the applicable Change of Control Redemption Price (together with any
Late Charges thereon) is paid in full to the applicable Holder, the Series H Preferred Shares submitted by such Holder for redemption
under this Section 6(b) may be converted, in whole or in part, by such Holder into Common Stock pursuant to Section 4 or
in the event the Conversion Date is after the consummation of such Change of Control, stock or equity interests of the Successor Entity
substantially equivalent to the Company’s shares of Common Stock pursuant to Section 4. In the event of the Company’s
redemption of any of the Series H Preferred Shares under this Section 6(b), such Holder’s damages would be uncertain and
difficult to estimate because of the parties’ inability to predict future interest rates and the uncertainty of the availability
of a suitable substitute investment opportunity for a Holder. Accordingly, any redemption premium due under this Section 6(b) is
intended by the parties to be, and shall be deemed, a reasonable estimate of such Holder’s actual loss of its investment opportunity
and not as a penalty. The Company shall make payment of the applicable Change of Control Redemption Price concurrently with the consummation
of such Change of Control if a Change of Control Redemption Notice is received prior to the consummation of such Change of Control and
within two (2) Trading Days after the Company’s receipt of such notice otherwise (the “Change of Control Redemption
Date”). Redemptions required by this Section 6 shall be made in accordance with the provisions of Section 11.

 

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7.            Rights
Upon Issuance of Purchase Rights and Other Corporate Events.

 

(a)            Purchase
Rights. In addition to any adjustments pursuant to Section 8 and Section 16 below, if at any time the Company grants, issues
or sells any Options, Convertible Securities or rights to purchase stock, warrants, securities or other property pro rata to all or substantially
all of the record holders of any class of Common Stock (the “Purchase Rights”), then each Holder will be entitled to
acquire, upon the terms applicable to such Purchase Rights, the aggregate Purchase Rights which such Holder could have acquired if such
Holder had held the number of shares of Common Stock acquirable upon complete conversion of all the Series H Preferred Shares (without
taking into account any limitations or restrictions on the convertibility of the Series H Preferred Shares and assuming for such
purpose that all the Series H Preferred Shares were converted at the Alternate Conversion Price as of the applicable record date)
held by such Holder immediately prior to the date on which a record is taken for the grant, issuance or sale of such Purchase Rights,
or, if no such record is taken, the date as of which the record holders of shares of Common Stock are to be determined for the grant,
issue or sale of such Purchase Rights (provided, however, to the extent that such Holder’s right to participate in any such Purchase
Right would result in such Holder and the other Attribution Parties exceeding the Maximum Percentage, then such Holder shall not be entitled
to participate in such Purchase Right to such extent of the Maximum Percentage (and shall not be entitled to beneficial ownership of such
shares of Common Stock as a result of such Purchase Right (and beneficial ownership) to such extent of any such excess) and such Purchase
Right to such extent shall be held in abeyance (and, if such Purchase Right has an expiration date, maturity date or other similar provision,
such term shall be extended by such number of days held in abeyance, if applicable) for the benefit of such Holder until such time or
times, if ever, as its right thereto would not result in such Holder and the other Attribution Parties exceeding the Maximum Percentage,
at which time or times such Holder shall be granted such right (and any Purchase Right granted, issued or sold on such initial Purchase
Right or on any subsequent Purchase Right held similarly in abeyance (and, if such Purchase Right has an expiration date, maturity date
or other similar provision, such term shall be extended by such number of days held in abeyance, if applicable)) to the same extent as
if there had been no such limitation).

 

(b)            Other
Corporate Events. In addition to and not in substitution for any other rights hereunder, prior to the consummation of any Fundamental
Transaction pursuant to which holders of shares of Common Stock are entitled to receive securities or other assets with respect to or
in exchange for shares of Common Stock (a “Corporate Event”), the Company shall make appropriate provision to ensure
that each Holder will thereafter have the right, at such Holder’s option, to receive upon a conversion of all the Series H
Preferred Shares held by such Holder (i) in addition to the shares of Common Stock receivable upon such conversion, such securities
or other assets to which such Holder would have been entitled with respect to such shares of Common Stock had such shares of Common Stock
been held by such Holder upon the consummation of such Corporate Event (without taking into account any limitations or restrictions on
the convertibility of the Series H Preferred Shares set forth in this Certificate of Designations) or (ii) in lieu of the shares
of Common Stock otherwise receivable upon such conversion, such securities or other assets received by the holders of shares of Common
Stock in connection with the consummation of such Corporate Event in such amounts as such Holder would have been entitled to receive had
the Series H Preferred Shares held by such Holder initially been issued with conversion rights for the form of such consideration
(as opposed to shares of Common Stock) at a conversion rate for such consideration commensurate with the Conversion Rate. Provision made
pursuant the preceding sentence shall be in a form and substance satisfactory to the Required Holders. The provisions of this Section 7
shall apply similarly and equally to successive Corporate Events and shall be applied without regard to any limitations on the conversion
or redemption of the Series H Preferred Shares set forth in this Certificate of Designations.

 

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8.            Rights
Upon Issuance of Other Securities.

 

(a)            Adjustment
of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Date the Company grants, issues or
sells (or enters into any agreement to grant, issue or sell), or in accordance with this Section 8(a) is deemed to have granted,
issued or sold, any shares of Common Stock (including the granting, issuance or sale of shares of Common Stock owned or held by or for
the account of the Company, but excluding any Excluded Securities granted, issued or sold or deemed to have been granted, issued or sold)
for a consideration per share (the “New Issuance Price”) less than a price equal to the Conversion Price in effect
immediately prior to such granting, issuance or sale or deemed granting, issuance or sale (such Conversion Price then in effect is referred
to herein as the “Applicable Price”) (the foregoing a “Dilutive Issuance”), then, immediately after
such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For all purposes
of the foregoing (including, without limitation, determining the adjusted Conversion Price and the New Issuance Price under this Section 8(a)),
the following shall be applicable:

 

(i) Issuance
of Options. If the Company in any manner grants, issues or sells (or enters into any agreement to grant, issue or sell) any Options
and the lowest price per share for which one share of Common Stock is at any time issuable upon the exercise of any such Option or upon
conversion, exercise or exchange of any Convertible Securities issuable upon exercise of any such Option or otherwise pursuant to the
terms thereof is less than the Applicable Price, then such share of Common Stock shall be deemed to be outstanding and to have been issued
and sold by the Company at the time of the granting, issuance or sale of such Option for such price per share. For purposes of this Section 8(a)(i),
the “lowest price per share for which one share of Common Stock is at any time issuable upon the exercise of any such Option or
upon conversion, exercise or exchange of any Convertible Securities issuable upon exercise of any such Option or otherwise pursuant to
the terms thereof” shall be equal to (1) the lower of (x) the sum of the lowest amounts of consideration (if any) received
or receivable by the Company with respect to any one share of Common Stock upon the granting, issuance or sale of such Option, upon exercise
of such Option and upon conversion, exercise or exchange of any Convertible Security issuable upon exercise of such Option or otherwise
pursuant to the terms thereof and (y) the lowest exercise price set forth in such Option for which one share of Common Stock is issuable
(or may become issuable assuming all possible market conditions) upon the exercise of any such Options or upon conversion, exercise or
exchange of any Convertible Securities issuable upon exercise of any such Option or otherwise pursuant to the terms thereof, minus (2) the
sum of all amounts paid or payable to the holder of such Option (or any other Person) with respect to any one share of Common Stock upon
the granting, issuance or sale of such Option, upon exercise of such Option and upon conversion, exercise or exchange of any Convertible
Security issuable upon exercise of such Option or otherwise pursuant to the terms thereof plus the value of any other consideration (including,
without limitation, consideration consisting of cash, debt forgiveness, assets or any other property) received or receivable by, or benefit
conferred on, the holder of such Option (or any other Person). Except as contemplated below, no further adjustment of the Conversion Price
shall be made upon the actual issuance of such share of Common Stock or of such Convertible Securities upon the exercise of such Options
or otherwise pursuant to the terms thereof or upon the actual issuance of such shares of Common Stock upon conversion, exercise or exchange
of such Convertible Securities.

 

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(ii) Issuance
of Convertible Securities. If the Company in any manner issues or sells (or enters into any agreement to issue or sell) any Convertible
Securities and the lowest price per share for which one share of Common Stock is at any time issuable upon the conversion, exercise or
exchange thereof or otherwise pursuant to the terms thereof is less than the Applicable Price, then such share of Common Stock shall be
deemed to be outstanding and to have been issued and sold by the Company at the time of the issuance or sale (or the time of execution
of such agreement to issue or sell, as applicable) of such Convertible Securities for such price per share. For the purposes of this Section 8(a)(ii),
the “lowest price per share for which one share of Common Stock is at any time issuable upon the conversion, exercise or exchange
thereof or otherwise pursuant to the terms thereof” shall be equal to (1) the lower of (x) the sum of the lowest amounts
of consideration (if any) received or receivable by the Company with respect to one share of Common Stock upon the issuance or sale (or
pursuant to the agreement to issue or sell, as applicable) of the Convertible Security and upon conversion, exercise or exchange of such
Convertible Security or otherwise pursuant to the terms thereof and (y) the lowest conversion price set forth in such Convertible
Security for which one share of Common Stock is issuable (or may become issuable assuming all possible market conditions) upon conversion,
exercise or exchange thereof or otherwise pursuant to the terms thereof minus (2) the sum of all amounts paid or payable to the holder
of such Convertible Security (or any other Person) with respect to any one share of Common Stock upon the issuance or sale (or the agreement
to issue or sell, as applicable) of such Convertible Security plus the value of any other consideration received or receivable (including,
without limitation, any consideration consisting of cash, debt forgiveness, assets or other property) by, or benefit conferred on, the
holder of such Convertible Security (or any other Person). Except as contemplated below, no further adjustment of the Conversion Price
shall be made upon the actual issuance of such shares of Common Stock upon conversion, exercise or exchange of such Convertible Securities
or otherwise pursuant to the terms thereof, and if any such issuance or sale of such Convertible Securities is made upon exercise of any
Options for which adjustment of the Conversion Price has been or is to be made pursuant to other provisions of this Section 8(a),
except as contemplated below, no further adjustment of the Conversion Price shall be made by reason of such issuance or sale.

 

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(iii) Change
in Option Price or Rate of Conversion. If the purchase or exercise price provided for in any Options, the additional consideration,
if any, payable upon the issue, conversion, exercise or exchange of any Convertible Securities, or the rate at which any Convertible Securities
are convertible into or exercisable or exchangeable for shares of Common Stock increases or decreases at any time (other than proportional
changes in conversion or exercise prices, as applicable, in connection with an event referred to in Section 8(b) below), the
Conversion Price in effect at the time of such increase or decrease shall be adjusted to the Conversion Price which would have been in
effect at such time had such Options or Convertible Securities provided for such increased or decreased purchase price, additional consideration
or increased or decreased conversion rate (as the case may be) at the time initially granted, issued or sold. For purposes of this Section 8(a)(iii),
if the terms of any Option or Convertible Security (including, without limitation, any Option or Convertible Security that was outstanding
as of the Subscription Date) are increased or decreased in the manner described in the immediately preceding sentence, then such Option
or Convertible Security and the shares of Common Stock deemed issuable upon exercise, conversion or exchange thereof shall be deemed to
have been issued as of the date of such increase or decrease. No adjustment pursuant to this Section 8(a) shall be made if such
adjustment would result in an increase of the Conversion Price then in effect.

 

(iv) Calculation
of Consideration Received. If any Option and/or Convertible Security and/or Adjustment Right is issued in connection with the issuance
or sale or deemed issuance or sale of any other securities of the Company (as determined by the Required Holders, the “Primary
Security”, and such Option and/or Convertible Security and/or Adjustment Right, the “Secondary Securities”),
together comprising one integrated transaction (or one or more transactions if such issuances or sales or deemed issuances or sales of
securities of the Company either (A) have at least one investor or purchaser in common, (B) are consummated in reasonable proximity
to each other and/or (C) are consummated under the same plan of financing), the aggregate consideration per share of Common Stock
with respect to such Primary Security shall be deemed to be equal to the difference of (x) the lowest price per share for which one
share of Common Stock was issued (or was deemed to be issued pursuant to Section 8(a)(i) or 8(a)(ii) above, as applicable)
in such integrated transaction solely with respect to such Primary Security, minus (y) with respect to such Secondary Securities,
the sum of (I) the Black Scholes Consideration Value of each such Option, if any, (II) the fair market value (as determined
by the Required Holders in good faith) or the Black Scholes Consideration Value, as applicable, of such Adjustment Right, if any, and
(III) the fair market value (as determined by the Required Holders) of such Convertible Security, if any, in each case, as determined
on a per share basis in accordance with this Section 8(a)(iv). If any shares of Common Stock, Options or Convertible Securities are
issued or sold or deemed to have been issued or sold for cash, the consideration received therefor (for the purpose of determining the
consideration paid for such Common Stock, Option or Convertible Security, but not for the purpose of the calculation of the Black Scholes
Consideration Value) will be deemed to be the net amount of consideration received by the Company therefor. If any shares of Common Stock,
Options or Convertible Securities are issued or sold for a consideration other than cash, the amount of such consideration received by
the Company (for the purpose of determining the consideration paid for such Common Stock, Option or Convertible Security, but not for
the purpose of the calculation of the Black Scholes Consideration Value) will be the fair value of such consideration, except where such
consideration consists of publicly traded securities, in which case the amount of consideration received by the Company for such securities
will be the arithmetic average of the VWAPs of such security for each of the five (5) Trading Days immediately preceding the date
of receipt. If any shares of Common Stock, Options or Convertible Securities are issued to the owners of the non-surviving entity in connection
with any merger in which the Company is the surviving entity, the amount of consideration therefor (for the purpose of determining the
consideration paid for such Common Stock, Option or Convertible Security, but not for the purpose of the calculation of the Black Scholes
Consideration Value) will be deemed to be the fair value of such portion of the net assets and business of the non-surviving entity as
is attributable to such shares of Common Stock, Options or Convertible Securities (as the case may be). The fair value of any consideration
other than cash or publicly traded securities will be determined jointly by the Company and the Required Holders. If such parties are
unable to reach agreement within ten (10) days after the occurrence of an event requiring valuation (the “Valuation Event”),
the fair value of such consideration will be determined within five (5) Trading Days after the tenth (10th) day following
such Valuation Event by an independent, reputable appraiser jointly selected by the Company and the Required Holders. The determination
of such appraiser shall be final and binding upon all parties absent manifest error and the fees and expenses of such appraiser shall
be borne by the Company.

 

(v) Record
Date. If the Company takes a record of the holders of shares of Common Stock for the purpose of entitling them (A) to receive
a dividend or other distribution payable in shares of Common Stock, Options or in Convertible Securities or (B) to subscribe for
or purchase shares of Common Stock, Options or Convertible Securities, then such record date will be deemed to be the date of the issuance
or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making of such other
distribution or the date of the granting of such right of subscription or purchase (as the case may be).

 

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(b)            Adjustment
of Conversion Price upon Subdivision or Combination of Common Stock. Without limiting any provision of Sections 7, 16 or 8(a), if
the Company at any time on or after the Subscription Date subdivides (by any stock split, stock dividend, stock combination, recapitalization
or other similar transaction) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Conversion
Price in effect immediately prior to such subdivision will be proportionately reduced. Without limiting any provision of Sections 7, 16
or 8(a), if the Company at any time on or after the Subscription Date combines (by any stock split, stock dividend, stock combination,
recapitalization or other similar transaction) one or more classes of its outstanding shares of Common Stock into a smaller number of
shares, the Conversion Price in effect immediately prior to such combination will be proportionately increased. Any adjustment pursuant
to this Section 8(b) shall become effective immediately after the effective date of such subdivision or combination. If any
event requiring an adjustment under this Section 8(b) occurs during the period that a Conversion Price is calculated hereunder,
then the calculation of such Conversion Price shall be adjusted appropriately to reflect such event.

 

(c)            Holder’s
Right of Adjusted Conversion Price. In addition to and not in limitation of the other provisions of this Section 8(b), if the
Company in any manner issues or sells or enters into any agreement to issue or sell, any Common Stock, Options or Convertible Securities
(other than with respect to any Permitted ATM (as defined in the Securities Purchase Agreement) (any such securities, “Variable
Price Securities”) after the Subscription Date that are issuable pursuant to such agreement or convertible into or exchangeable
or exercisable for shares of Common Stock at a price which varies or may vary with the market price of the shares of Common Stock, including
by way of one or more reset(s) to a fixed price, but exclusive of such formulations reflecting customary anti-dilution provisions
(such as share splits, share combinations, share dividends and similar transactions) (each of the formulations for such variable price
being herein referred to as, the “Variable Price”), the Company shall provide written notice thereof via electronic
mail and overnight courier to each Holder on the date of such agreement and/or the issuance of such shares of Common Stock, Convertible
Securities or Options, as applicable. From and after the date the Company enters into such agreement or issues any such Variable Price
Securities (other than with respect to a Permitted ATM), each Holder shall have the right, but not the obligation, in its sole discretion
to substitute the Variable Price for the Conversion Price upon conversion of the Series H Preferred Shares by designating in the
Conversion Notice delivered upon any conversion of Series H Preferred Shares that solely for purposes of such conversion such Holder
is relying on the Variable Price rather than the Conversion Price then in effect. A Holder’s election to rely on a Variable Price
for a particular conversion of Series H Preferred Shares shall not obligate such Holder to rely on a Variable Price for any future
conversions of Series H Preferred Shares.

 

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(d)            Stock
Combination Event Adjustments. If at any time and from time to time on or after the Subscription Date there occurs any stock split,
stock dividend, stock combination recapitalization or other similar transaction involving the Common Stock (each, a “Stock Combination
Event”, and such date thereof, the “Stock Combination Event Date”) and the Event Market Price is less than
the Conversion Price then in effect (after giving effect to the adjustment in Section 8(b) above), then on the sixteenth (16th)
Trading Day immediately following such Stock Combination Event Date, the Conversion Price then in effect on such sixteenth (16th) Trading
Day (after giving effect to the adjustment in Section 8(b) above) shall be reduced (but in no event increased) to the Event
Market Price. For the avoidance of doubt, if the adjustment in the immediately preceding sentence would otherwise result in an increase
in the Conversion Price hereunder, no adjustment shall be made.

 

(e)            Other
Events. In the event that the Company (or any Subsidiary) shall take any action to which the provisions hereof are not strictly applicable,
or, if applicable, would not operate to protect any Holder from dilution or if any event occurs of the type contemplated by the provisions
of this Section 8 but not expressly provided for by such provisions (including, without limitation, the granting of stock appreciation
rights, phantom stock rights or other rights with equity features), then the Board shall in good faith determine and implement an appropriate
adjustment in the Conversion Price so as to protect the rights of such Holder, provided that no such adjustment pursuant to this Section 8(e) will
increase the Conversion Price as otherwise determined pursuant to this Section 8, provided further that if such Holder does not accept
such adjustments as appropriately protecting its interests hereunder against such dilution, then the Board and such Holder shall agree,
in good faith, upon an independent investment bank of nationally recognized standing to make such appropriate adjustments, whose determination
shall be final and binding absent manifest error and whose fees and expenses shall be borne by the Company.

 

(f)            Calculations.
All calculations under this Section 8 shall be made by rounding to the nearest cent or the nearest 1/100th of a share,
as applicable. The number of shares of Common Stock outstanding at any given time shall not include shares owned or held by or for the
account of the Company, and the disposition of any such shares shall be considered an issue or sale of Common Stock.

 

(g)            Adjustments.

 

(i)            Effective
Date Adjustment. If immediately following the close of business on the Effective Date (as defined in the Registration Rights Agreement)
of each Registration Statement (as defined in the Registration Rights Agreement) filed pursuant to the Registration Rights Agreement (each,
an “Effective Date Adjustment Date”), if the Conversion Price then in effect exceeds the Market Price as of such Effective
Date Adjustment Date (the “Effective Date Adjusted Conversion Price”), the Conversion Price hereunder shall be automatically
reduced to the Effective Date Adjusted Conversion Price.

 

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(ii)            Three
Month Anniversary Adjustment. If immediately following the close of business on the three month anniversary of the Initial Issuance
Date (the “Three Month Adjustment Date”), if the Conversion Price then in effect exceeds the Market Price as of such
Three Month Adjustment Date (the “Three Month Adjusted Conversion Price”), the Conversion Price hereunder shall be
automatically reduced to the Three Month Adjusted Conversion Price.

 

(iii)            Six
Month Anniversary Adjustment. Six Month Anniversary Adjustment. If immediately following the close of business on the six month anniversary
of the Initial Issuance Date (the “Six Month Adjustment Date”), if the Conversion Price then in effect exceeds the
Market Price as of such Six Month Adjustment Date (the “Six Month Adjusted Conversion Price”), the Conversion Price
hereunder shall be automatically reduced to the Six Month Adjusted Conversion Price.

 

(iv)            Nine
Month Anniversary Adjustment. Nine Month Anniversary Adjustment. If immediately following the close of business on the nine month
anniversary of the Initial Issuance Date (the “Nine Month Adjustment Date”), if the Conversion Price then in effect
exceeds the Market Price as of such Nine Month Adjustment Date (the “Nine Month Adjusted Conversion Price”), the Conversion
Price hereunder shall be automatically reduced to the Nine Month Adjusted Conversion Price.

 

(v)            Twelve
Month Anniversary Adjustment. Twelve Month Anniversary Adjustment. If immediately following the close of business on twelve month
anniversary of the Initial Issuance Date (the “Twelve Month Adjustment Date”, and together with the Effective Date
Adjustment Date, Three Month Adjustment Date, the Six Month Adjustment Date and the Nine Month Adjustment Date, each an “Adjustment
Date”), if the Conversion Price then in effect exceeds the Market Price as of such Twelve Month Adjustment Date (the “Twelve
Month Adjusted Conversion Price”, and together with the Effective Date Adjusted Conversion Price, Three Month Adjusted Conversion
Price, Six Month Adjusted Conversion Price and the Twelve Month Adjusted Conversion Price, the “Adjusted Conversion Price”),
the Conversion Price hereunder shall be automatically reduced to the Twelve Month Adjusted Conversion Price.

 

Notwithstanding the foregoing, if the
Company has not obtained both (x) the Stockholder Approval (as defined in the Securities Purchase Agreement) and (y) the consummation
of the Harp Transaction, as applicable, prior to an Adjustment Date, unless waived in writing by the Required Holders, such Adjustment
Date and each subsequent Adjustment Date shall be extended by a calendar day for each day thereafter that either the Stockholder Approval
has not been obtained and/or the Harp Transaction has not been consummated, as applicable.

 

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(h)            Voluntary
Adjustment by Company. Subject to the rules and regulations of the Principal Market, the Company may at any time any Series H
Preferred Shares remain outstanding, with the prior written consent of the Required Holders, reduce the then current Conversion Price
to any amount and for any period of time deemed appropriate by the Board.

 

9.            Noncircumvention.
The Company hereby covenants and agrees that the Company will not, by amendment of its Certificate of Incorporation (as defined in the
Securities Purchase Agreement), Bylaws (as defined in the Securities Purchase Agreement) or through any reorganization, transfer of assets,
consolidation, merger, scheme of arrangement, dissolution, issue or sale of securities, or any other voluntary action, avoid or seek to
avoid the observance or performance of any of the terms of this Certificate of Designations, and will at all times in good faith carry
out all the provisions of this Certificate of Designations and take all action as may be required to protect the rights of the Holders
hereunder. Without limiting the generality of the foregoing or any other provision of this Certificate of Designations or the other Transaction
Documents, the Company (a) shall not increase the par value of any shares of Common Stock receivable upon the conversion of any Series H
Preferred Shares above the Conversion Price then in effect, (b) shall take all such actions as may be necessary or appropriate in
order that the Company may validly and legally issue fully paid and non-assessable shares of Common Stock upon the conversion of Series H
Preferred Shares and (c) shall, so long as any Series H Preferred Shares are outstanding, take all action necessary to reserve
and keep available out of its authorized and unissued shares of Common Stock, solely for the purpose of effecting the conversion of the
Series H Preferred Shares, the maximum number of shares of Common Stock as shall from time to time be necessary to effect the conversion
of the Series H Preferred Shares then outstanding (without regard to any limitations on conversion contained herein). Notwithstanding
anything herein to the contrary, if after the sixty (60) calendar day anniversary of the Initial Issuance Date, each Holder is not permitted
to convert such Holder’s Series H Preferred Shares in full for any reason (other than pursuant to restrictions set forth in
Section 4(d) hereof), the Company shall use its best efforts to promptly remedy such failure, including, without limitation,
obtaining such consents or approvals as necessary to effect such conversion into shares of Common Stock.

 

10.            Authorized
Shares.

 

(a)            Reservation.
So long as any Series H Preferred Shares remain outstanding, the Company shall at all times reserve at least (x) prior to the
Stockholder Approval Date (as defined in the Securities Purchase Agreement), no shares of Common Stock and (y) from and after the
Stockholder Approval Date, 250% of the aggregate number of shares of Common Stock as shall from time to time be necessary to effect the
conversion, including without limitation, any Alternate Conversions, of all of the Series H Preferred Shares then outstanding at
the Conversion Price then in effect (without regard to any limitations on conversions and assuming the Series H Preferred Shares
remain outstanding until the Maturity Date) (the “Required Reserve Amount”). The Required Reserve Amount (including,
without limitation, each increase in the number of shares so reserved) shall be allocated pro rata among the Holders based on the number
of the Series H Preferred Shares held by each Holder on the Initial Issuance Date or increase in the number of reserved shares, as
the case may be (the “Authorized Share Allocation”). In the event that a Holder shall sell or otherwise transfer any
of such Holder’s Series H Preferred Shares, each transferee shall be allocated a pro rata portion of such Holder’s Authorized
Share Allocation. Any shares of Common Stock reserved and allocated to any Person which ceases to hold any Series H Preferred Shares
shall be allocated to the remaining Holders of Series H Preferred Shares, pro rata based on the number of the Series H Preferred
Shares then held by the Holders.

 

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(b)            Insufficient
Authorized Shares. If, notwithstanding Section 10(a) and not in limitation thereof, at any time while any of the Series H
Preferred Shares remain outstanding the Company does not have a sufficient number of authorized and unreserved shares of Common Stock
to satisfy its obligation to reserve for issuance upon conversion of the Series H Preferred Shares at least a number of shares of
Common Stock equal to the Required Reserve Amount (an “Authorized Share Failure”), then the Company shall immediately
take all action necessary to increase the Company’s authorized shares of Common Stock to an amount sufficient to allow the Company
to reserve the Required Reserve Amount for the Series H Preferred Shares then outstanding (or deemed outstanding pursuant to Section 10(a) above).
Without limiting the generality of the foregoing sentence, as soon as practicable after the date of the occurrence of an Authorized Share
Failure, but in no event later than sixty (60) days after the occurrence of such Authorized Share Failure, the Company shall hold a meeting
of its stockholders for the approval of an increase in the number of authorized shares of Common Stock. In connection with such meeting,
the Company shall provide each stockholder with a proxy statement and shall use its best efforts to solicit its stockholders’ approval
of such increase in authorized shares of Common Stock and to cause its board of directors to recommend to the stockholders that they approve
such proposal (or, if a majority of the voting power then in effect of the capital stock of the Company consents to such increase, in
lieu of such proxy statement, deliver to the stockholders of the Company an information statement that has been filed with (and either
approved by or not subject to comments from) the SEC with respect thereto). In the event that the Company is prohibited from issuing shares
of Common Stock to a Holder upon any conversion due to the failure by the Company to have sufficient shares of Common Stock available
out of the authorized but unissued shares of Common Stock (such unavailable number of shares of Common Stock, the “Authorized
Failure Shares”), in lieu of delivering such Authorized Failure Shares to such Holder, the Company shall pay cash in exchange
for the redemption of such portion of the Conversion Amount of the Series H Preferred Shares convertible into such Authorized Failure
Shares at a price equal to the sum of (i) the product of (x) such number of Authorized Failure Shares and (y) the greatest
Closing Sale Price of the Common Stock on any Trading Day during the period commencing on the date such Holder delivers the applicable
Conversion Notice with respect to such Authorized Failure Shares to the Company and ending on the date of such issuance and payment under
this Section 10(a); and (ii) to the extent such Holder purchases (in an open market transaction or otherwise) shares of Common
Stock to deliver in satisfaction of a sale by such Holder of Authorized Failure Shares, any brokerage commissions and other out-of-pocket
expenses, if any, of such Holder incurred in connection therewith. Nothing contained in Section 10(a)  or this Section 10(b) shall
limit any obligations of the Company under any provision of the Securities Purchase Agreement.

 

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11.            Redemptions.

 

(a)            General.
If a Holder has submitted a Triggering Event Redemption Notice in accordance with Section 5(b), the Company shall deliver the applicable
Triggering Event Redemption Price to such Holder in cash within five (5) Business Days after the Company’s receipt of such
Holder’s Triggering Event Redemption Notice. If a Holder has submitted a Change of Control Redemption Notice in accordance with
Section 6(b), the Company shall deliver the applicable Change of Control Redemption Price to such Holder in cash concurrently with
the consummation of such Change of Control if such notice is received prior to the consummation of such Change of Control and within five
(5) Business Days after the Company’s receipt of such notice otherwise. If a Holder has submitted a Maturity Redemption Notice
in accordance with Section 12 below, the Company shall deliver the applicable Maturity Redemption Price to such Holder in cash on
the applicable Maturity Redemption Date. Notwithstanding anything herein to the contrary, in connection with any redemption hereunder
at a time a Holder is entitled to receive a cash payment under any of the other Transaction Documents, at the option of such Holder delivered
in writing to the Company, the applicable Redemption Price hereunder shall be increased by the amount of such cash payment owed to such
Holder under such other Transaction Document and, upon payment in full or conversion in accordance herewith, shall satisfy the Company’s
payment obligation under such other Transaction Document. In the event of a redemption of less than all of the Series H Preferred
Shares, the Company shall promptly cause to be issued and delivered to such Holder a new Series H Preferred Share Certificate (in
accordance with Section 19) (or evidence of the creation of a new Book-Entry) representing the number of Series H Preferred
Shares which have not been redeemed. In the event that the Company does not pay the applicable Redemption Price to a Holder within the
time period required for any reason (including, without limitation, to the extent such payment is prohibited pursuant to the DGCL), at
any time thereafter and until the Company pays such unpaid Redemption Price in full, such Holder shall have the option, in lieu of redemption,
to require the Company to promptly return to such Holder all or any of the Series H Preferred Shares that were submitted for redemption
and for which the applicable Redemption Price (together with any Late Charges thereon) has not been paid. Upon the Company’s receipt
of such notice, (x) the applicable Redemption Notice shall be null and void with respect to such Series H Preferred Shares,
(y) the Company shall immediately return the applicable Series H Preferred Share Certificate, or issue a new Series H Preferred
Share Certificate (in accordance with Section 19(d)), to such Holder (unless the Series H Preferred Shares are held in Book-Entry
form, in which case the Company shall deliver evidence to such Holder that a Book-Entry for such Series H Preferred Shares then exists),
and in each case the Additional Amount of such Series H Preferred Shares shall be increased by an amount equal to the difference
between (1) the applicable Redemption Price (as the case may be, and as adjusted pursuant to this Section 11, if applicable)
minus (2) the Stated Value portion of the Conversion Amount submitted for redemption and (z) the Conversion Price of such Series H
Preferred Shares shall be automatically adjusted with respect to each conversion effected thereafter by such Holder to the lowest of (A) the
Conversion Price as in effect on the date on which the applicable Redemption Notice is voided, (B) 75% of the lowest Closing Bid
Price of the Common Stock during the period beginning on and including the date on which the applicable Redemption Notice is delivered
to the Company and ending on and including the date on which the applicable Redemption Notice is voided and (C) 75% of the quotient
of (I) the sum of the five (5) lowest VWAPs of the Common Stock during the twenty (20) consecutive Trading Day period ending
and including the Trading Day immediately preceding the applicable Conversion Date divided by (II) five (5) (it being understood
and agreed that all such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other
similar transaction during such period). A Holder’s delivery of a notice voiding a Redemption Notice and exercise of its rights
following such notice shall not affect the Company’s obligations to make any payments of Late Charges which have accrued prior to
the date of such notice with respect to the Series H Preferred Shares subject to such notice.

 

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(b)            Redemption
by Multiple Holders. Upon the Company’s receipt of a Redemption Notice from any Holder for redemption or repayment as a result
of an event or occurrence substantially similar to the events or occurrences described in Section 5(b) or Section 6(b),
the Company shall immediately, but no later than one (1) Business Day of its receipt thereof, forward to each other Holder by electronic
mail a copy of such notice. If the Company receives one or more Redemption Notices, during the seven (7) Business Day period beginning
on and including the date which is two (2) Business Days prior to the Company’s receipt of the initial Redemption Notice and
ending on and including the date which is two (2) Business Days after the Company’s receipt of the initial Redemption Notice
and the Company is unable to redeem all of the Conversion Amount of such Series H Preferred Shares designated in such initial Redemption
Notice and such other Redemption Notices received during such seven (7) Business Day period, then the Company shall redeem a pro
rata amount from each Holder based on the Stated Value of the Series H Preferred Shares submitted for redemption pursuant to such
Redemption Notices received by the Company during such seven (7) Business Day period.

 

(c)            Redemptions
While Permitted Senior Indebtedness or Series G Preferred Stock is Outstanding. At any time any Permitted Senior Indebtedness
or Series G Preferred Stock remains outstanding, any redemption required by any Holder in accordance with this Section 11 shall
not be permitted to be satisfied with respect to such Holder in cash until such time as no Permitted Senior Indebtedness or Series G
Preferred Stock remains outstanding; provided, that (x) such prohibition shall not be deemed to be an extension, forbearance, waiver
or other modification of the due date of such payment pursuant to the applicable Redemption Notice and the failure to timely pay such
amount in cash when due hereunder (notwithstanding such prohibition in this Section 11(c)) shall still result in a Triggering Event
hereunder pursuant to Section 5(a)(vii) and the right to effect Alternate Conversions in accordance with Section 4(e) hereunder
shall thereafter be available to such Holder hereunder.

 

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12.            Holder
Optional Redemption after Maturity Date. At any time from and after the tenth (10th) Business Day prior to the Maturity Date, any
Holder may require the Company to redeem (a “Maturity Redemption”) all or any number of Series H Preferred Shares
held by such Holder at a purchase price equal to 100% of the Conversion Amount of such Series H Preferred Shares (the “Maturity
Redemption Price”) by delivery of written notice thereof (the “Maturity Redemption Notice”) to the Company.
The Maturity Redemption Notice shall state the date the Company is required to pay to such Holder such Maturity Redemption Price (the
 “Maturity Redemption Date”), which date shall be no earlier than ten (10) Business Days following the date of
delivery of such Maturity Redemption Notice. Redemptions required by this Section 12 shall be made in accordance with the provisions
of Section 11.

 

13.            Voting
Rights. Holders of Series H Preferred Shares shall have no voting rights, except as required by law (including without limitation,
the DGCL) and as expressly provided in this Certificate of Designations. To the extent that under the DGCL the vote of the holders of
the Series H Preferred Shares, voting separately as a class or series, as applicable, is required to authorize a given action of
the Company, the affirmative vote or consent of the Required Holders of the shares of the Series H Preferred Shares, voting together
in the aggregate and not in separate series unless required under the DGCL, represented at a duly held meeting at which a quorum is presented
or by written consent of the Required Holders (except as otherwise may be required under the DGCL), voting together in the aggregate and
not in separate series unless required under the DGCL, shall constitute the approval of such action by both the class or the series, as
applicable. Subject to Section 4(d), to the extent that under the DGCL holders of the Series H Preferred Shares are entitled
to vote on a matter with holders of shares of Common Stock, voting together as one class, each Series H Preferred Share shall entitle
the holder thereof to cast that number of votes per share as is equal to the number of shares of Common Stock into which it is then convertible
(subject to the ownership limitations specified in Section 4(d) hereof) using the record date for determining the stockholders
of the Company eligible to vote on such matters as the date as of which the Conversion Price is calculated. Holders of the Series H
Preferred Shares shall be entitled to written notice of all stockholder meetings or written consents (and copies of proxy materials and
other information sent to stockholders) with respect to which they would be entitled to vote, which notice would be provided pursuant
to the Company’s bylaws and the DGCL.

 

14.            Covenants.
For so long as any Series H Preferred Shares are outstanding, without the prior written consent of the Required Holders:

 

(a)            Incurrence
of Indebtedness. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, incur
or guarantee, assume or suffer to exist any Indebtedness (other than Permitted Indebtedness).

 

(b)            Existence
of Liens. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, allow or suffer
to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts
and contract rights) owned by the Company or any of its Subsidiaries (collectively, “Liens”) other than Permitted Liens.

 

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(c)            Restricted
Payments and Investments. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly,
redeem, defease, repurchase, repay or make any payments in respect of, by the payment of cash or cash equivalents (in whole or in part,
whether by way of open market purchases, tender offers, private transactions or otherwise), all or any portion of any Indebtedness (other
pursuant to this Certificate of Designations, the Permitted Commercial Loan or the Permitted Senior Indebtedness) whether by way of payment
in respect of principal of (or premium, if any) or interest on, such Indebtedness or make any Investment, as applicable, applicable, is
due or is otherwise made or, after giving effect to such payment, (i) an event constituting a Triggering Event has occurred and is
continuing or (ii) an event that with the passage of time and without being cured would constitute a Triggering Event has occurred
and is continuing.

 

(d)            Restriction
on Redemption and Cash Dividends. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or
indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on any of its capital stock (other than as required
by the Certificate of Designations).

 

(e)            Restriction
on Transfer of Assets. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly,
sell, lease, license, assign, transfer, spin-off, split-off, close, convey or otherwise dispose of any assets or rights of the Company
or any Subsidiary owned or hereafter acquired whether in a single transaction or a series of related transactions, other than (i) sales,
leases, licenses, assignments, transfers, conveyances and other dispositions of such assets or rights by the Company and its Subsidiaries
in the ordinary course of business consistent with its past practice and (ii) sales of inventory and product in the ordinary course
of business.

 

(f)            Maturity
of Indebtedness. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, permit
any Indebtedness of the Company or any of its Subsidiaries to mature or accelerate prior to the Maturity Date.

 

(g)            Change
in Nature of Business. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly,
engage in any material line of business substantially different from those lines of business conducted by or publicly contemplated to
be conducted by the Company and each of its Subsidiaries on the Subscription Date or any business substantially related or incidental
thereto. The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, modify its or their
corporate structure or purpose.

 

(h)            Preservation
of Existence, Etc. The Company shall maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, its existence,
rights and privileges, and become or remain, and cause each of its Subsidiaries to become or remain, duly qualified and in good standing
in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes
such qualification necessary.

 

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(i)            Maintenance
of Properties, Etc. The Company shall maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, all of its
properties which are necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear and
tear excepted, and comply, and cause each of its Subsidiaries to comply, at all times with the provisions of all leases to which it is
a party as lessee or under which it occupies property, so as to prevent any loss or forfeiture thereof or thereunder.

 

(j)            Maintenance
of Intellectual Property. The Company will, and will cause each of its Subsidiaries to, take all action necessary or advisable to
maintain all of the Intellectual Property Rights of the Company and/or any of its Subsidiaries that are necessary or material to the conduct
of its business in full force and effect.

 

(k)            Maintenance
of Insurance. The Company shall maintain, and cause each of its Subsidiaries to maintain, insurance with responsible and reputable
insurance companies or associations (including, without limitation, comprehensive general liability, hazard, rent and business interruption
insurance) with respect to its properties (including all real properties leased or owned by it) and business, in such amounts and covering
such risks as is required by any governmental authority having jurisdiction with respect thereto or as is carried generally in accordance
with sound business practice by companies in similar businesses similarly situated.

 

(l)            Transactions
with Affiliates. The Company shall not, nor shall it permit any of its Subsidiaries to, enter into, renew, extend or be a party to,
any transaction or series of related transactions (including, without limitation, the purchase, sale, lease, transfer or exchange of property
or assets of any kind or the rendering of services of any kind) with any affiliate, except transactions in the ordinary course of business
in a manner and to an extent consistent with past practice and necessary or desirable for the prudent operation of its business, for fair
consideration and on terms no less favorable to it or its Subsidiaries than would be obtainable in a comparable arm’s length transaction
with a Person that is not an affiliate thereof.

 

(m)            Restricted
Issuances. The Company shall not, directly or indirectly, without the prior written consent of the Required Holders, (i) issue
any Series H Preferred Shares (other than as contemplated by the Securities Purchase Agreement and this Certificate of Designations)
or (ii) issue any other securities that would cause a breach or default under this Certificate of Designations or the Common Warrants.

 

(n)            Stay,
Extension and Usury Laws. To the extent that it may lawfully do so, the Company (A) agrees that it will not at any time insist
upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law (wherever or whenever
enacted or in force) that may affect the covenants or the performance of this Certificate of Designations; and (B) expressly waives
all benefits or advantages of any such law and agrees that it will not, by resort to any such law, hinder, delay or impede the execution
of any power granted to the Holders by this Certificate of Designations, but will suffer and permit the execution of every such power
as though no such law has been enacted.

 

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(o)            Taxes.
The Company and its Subsidiaries shall pay when due all taxes, fees or other charges of any nature whatsoever (together with any related
interest or penalties) now or hereafter imposed or assessed against the Company and its Subsidiaries or their respective assets or upon
their ownership, possession, use, operation or disposition thereof or upon their rents, receipts or earnings arising therefrom (except
where the failure to pay would not, individually or in the aggregate, have a material effect on the Company or any of its Subsidiaries).
The Company and its Subsidiaries shall file on or before the due date therefor all personal property tax returns (except where the failure
to file would not, individually or in the aggregate, have a material effect on the Company or any of its Subsidiaries). Notwithstanding
the foregoing, the Company and its Subsidiaries may contest, in good faith and by appropriate proceedings, taxes for which they maintain
adequate reserves therefor in accordance with GAAP.

 

(p)            Independent
Investigation. At the request of any Holder either (x) at any time when a Triggering Event has occurred and is continuing, (y) upon
the occurrence of an event that with the passage of time or giving of notice would constitute a Triggering Event or (z) at any time
such Holder reasonably believes a Triggering Event may have occurred or be continuing, the Company shall hire an independent, reputable
investment bank selected by the Company and approved by such Holder to investigate as to whether any breach of the Certificate of Designations
has occurred (the “Independent Investigator”). If the Independent Investigator determines that such breach of the Certificate
of Designations has occurred, the Independent Investigator shall notify the Company of such breach and the Company shall deliver written
notice to each Holder of such breach. In connection with such investigation, the Independent Investigator may, during normal business
hours, inspect all contracts, books, records, personnel, offices and other facilities and properties of the Company and its Subsidiaries
and, to the extent available to the Company after the Company uses reasonable efforts to obtain them, the records of its legal advisors
and accountants (including the accountants’ work papers) and any books of account, records, reports and other papers not contractually
required of the Company to be confidential or secret, or subject to attorney-client or other evidentiary privilege, and the Independent
Investigator may make such copies and inspections thereof as the Independent Investigator may reasonably request. The Company shall furnish
the Independent Investigator with such financial and operating data and other information with respect to the business and properties
of the Company as the Independent Investigator may reasonably request. The Company shall permit the Independent Investigator to discuss
the affairs, finances and accounts of the Company with, and to make proposals and furnish advice with respect thereto to, the Company’s
officers, directors, key employees and independent public accountants or any of them (and by this provision the Company authorizes said
accountants to discuss with such Independent Investigator the finances and affairs of the Company and any Subsidiaries), all at such reasonable
times, upon reasonable notice, and as often as may be reasonably requested.

 

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15.            Liquidation,
Dissolution, Winding-Up. In the event of a Liquidation Event, the Holders shall be entitled to receive in cash out of the assets of
the Company, whether from capital or from earnings available for distribution to its stockholders (the “Liquidation Funds”),
after any required payments to the holders of any shares of Series G Preferred Stock then outstanding and before any amount shall
be paid to the holders of any of shares of Junior Stock, but pari passu with any Parity Stock then outstanding, an amount per Series H
Preferred Share equal to the sum of (i) the Black Scholes Value (as defined in the Common Warrants) with respect to the outstanding
portion of all Common Warrants held by such Holder (without regard to any limitations on the exercise thereof) as of the date of such
event and (ii) the greater of (A) 125% of the Conversion Amount of such Series H Preferred Share on the date of such payment
and (B) the amount per share such Holder would receive if such Holder converted such Series H Preferred Share into Common Stock
immediately prior to the date of such payment, provided that if the Liquidation Funds are insufficient to pay the full amount due to the
Holders and holders of shares of Parity Stock, then each Holder and each holder of Parity Stock shall receive a percentage of the Liquidation
Funds equal to the full amount of Liquidation Funds payable to such Holder and such holder of Parity Stock as a liquidation preference,
in accordance with their respective certificate of designations (or equivalent), as a percentage of the full amount of Liquidation Funds
payable to all holders of Series H Preferred Shares and all holders of shares of Parity Stock. To the extent necessary, the Company
shall cause such actions to be taken by each of its Subsidiaries so as to enable, to the maximum extent permitted by law, the proceeds
of a Liquidation Event to be distributed to the Holders in accordance with this Section 15. All the preferential amounts to be paid
to the Holders under this Section 15 shall be paid or set apart for payment before the payment or setting apart for payment of any
amount for, or the distribution of any Liquidation Funds of the Company to the holders of shares of Junior Stock in connection with a
Liquidation Event as to which this Section 15 applies. Upon payment in full of the Black-Scholes Value (as defined in the Common
Warrants) of such Common Warrants pursuant to this Section 15, such Common Warrants shall be deemed repurchased by the Company and
no longer exercisable.

 

16.            Distribution
of Assets. In addition to any adjustments pursuant to Section 7(a) and Section 8, if the Company shall declare or make
any dividend or other distributions of its assets (or rights to acquire its assets) to any or all holders of shares of Common Stock, by
way of return of capital or otherwise (including without limitation, any distribution of cash, stock or other securities, property or
options by way of a dividend, spin off, reclassification, corporate rearrangement, scheme of arrangement or other similar transaction)
(the “Distributions”), then each Holder, as holders of Series H Preferred Shares, will be entitled to such Distributions
as if such Holder had held the number of shares of Common Stock acquirable upon complete conversion of the Series H Preferred Shares
(without taking into account any limitations or restrictions on the convertibility of the Series H Preferred Shares and assuming
for such purpose that the Series H Preferred Share was converted at the Alternate Conversion Price as of the applicable record date)
immediately prior to the date on which a record is taken for such Distribution or, if no such record is taken, the date as of which the
record holders of Common Stock are to be determined for such Distributions (provided, however, that to the extent that such
Holder’s right to participate in any such Distribution would result in such Holder and the other Attribution Parties exceeding the
Maximum Percentage, then such Holder shall not be entitled to participate in such Distribution to such extent of the Maximum Percentage
(and shall not be entitled to beneficial ownership of such shares of Common Stock as a result of such Distribution (and beneficial ownership)
to such extent of any such excess) and the portion of such Distribution shall be held in abeyance for the benefit of such Holder until
such time or times as its right thereto would not result in such Holder and the other Attribution Parties exceeding the Maximum Percentage,
at which time or times, if any, such Holder shall be granted such Distribution (and any Distributions declared or made on such initial
Distribution or on any subsequent Distribution held similarly in abeyance) to the same extent as if there had been no such limitation).

 

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17.            Vote
to Change the Terms of or Issue Series H Preferred Shares. In addition to any other rights provided by law, except where the
vote or written consent of the holders of a greater number of shares is required by law or by another provision of the Certificate of
Incorporation, without first obtaining the affirmative vote at a meeting duly called for such purpose or the written consent without a
meeting of the Required Holders, voting together as a single class, the Company shall not: (a) amend or repeal any provision of,
or add any provision to, its Certificate of Incorporation or bylaws, or file any certificate of designations or articles of amendment
of any series of shares of preferred stock, if such action would adversely alter or change in any respect the preferences, rights, privileges
or powers, or restrictions provided for the benefit of the Series H Preferred Shares hereunder, regardless of whether any such action
shall be by means of amendment to the Certificate of Incorporation or by merger, consolidation or otherwise; (b) increase or decrease
(other than by conversion) the authorized number of Series H Preferred Shares; (c) without limiting any provision of Section 2,
create or authorize (by reclassification or otherwise) any new class or series of Senior Preferred Stock, Parity Stock or other preferred
stock of the Company; (d) purchase, repurchase or redeem any shares of Junior Stock (other than pursuant to the terms of the Company’s
equity incentive plans and options and other equity awards granted under such plans (that have in good faith been approved by the Board));
(e) without limiting any provision of Section 2, pay dividends or make any other distribution on any shares of any Junior Stock;
(f) issue any Series H Preferred Shares other than as contemplated hereby or pursuant to the Securities Purchase Agreement;
or (g) without limiting any provision of Section 9, whether or not prohibited by the terms of the Series H Preferred Shares,
circumvent a right of the Series H Preferred Shares hereunder.

 

18.            Transfer
of Series H Preferred Shares. Subject to Section 2(g) of the Securities Purchase Agreement, a Holder may transfer some
or all of its Series H Preferred Shares without the consent of the Company.

 

19.            Reissuance
of Series H Preferred Share Certificates and Book Entries.

 

(a)            Transfer.
If any Series H Preferred Shares are to be transferred, the applicable Holder shall surrender the applicable Series H Preferred
Share Certificate to the Company (or, if the Series H Preferred Shares are held in Book-Entry form, a written instruction letter
to the Company), whereupon the Company will forthwith issue and deliver upon the order of such Holder a new Series H Preferred Share
Certificate (in accordance with Section 19(d)) (or evidence of the transfer of such Book-Entry), registered as such Holder may request,
representing the outstanding number of Series H Preferred Shares being transferred by such Holder and, if less than the entire outstanding
number of Series H Preferred Shares is being transferred, a new Series H Preferred Share Certificate (in accordance with Section 19(d))
to such Holder representing the outstanding number of Series H Preferred Shares not being transferred (or evidence of such remaining
Series H Preferred Shares in a Book-Entry for such Holder). Such Holder and any assignee, by acceptance of the Series H Preferred
Share Certificate or evidence of Book-Entry issuance, as applicable, acknowledge and agree that, by reason of the provisions of Section 4(c)(i) following
conversion or redemption of any of the Series H Preferred Shares, the outstanding number of Series H Preferred Shares represented
by the Series H Preferred Shares may be less than the number of Series H Preferred Shares stated on the face of the Series H
Preferred Shares.

 

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(b)            Lost,
Stolen or Mutilated Series H Preferred Share Certificate. Upon receipt by the Company of evidence reasonably satisfactory to
the Company of the loss, theft, destruction or mutilation of a Series H Preferred Share Certificate (as to which a written certification
and the indemnification contemplated below shall suffice as such evidence), and, in the case of loss, theft or destruction, of any indemnification
undertaking by the applicable Holder to the Company in customary and reasonable form and, in the case of mutilation, upon surrender and
cancellation of such Series H Preferred Share Certificate, the Company shall execute and deliver to such Holder a new Series H
Preferred Share Certificate (in accordance with Section 19(d)) representing the applicable outstanding number of Series H Preferred
Shares.

 

(c)            Series H
Preferred Share Certificate and Book-Entries Exchangeable for Different Denominations and Forms. Each Series H Preferred Share
Certificate is exchangeable, upon the surrender hereof by the applicable Holder at the principal office of the Company, for a new Series H
Preferred Share Certificate or Series H Preferred Share Certificate(s) or new Book-Entry (in accordance with Section 19(d))
representing, in the aggregate, the outstanding number of the Series H Preferred Shares in the original Series H Preferred Share
Certificate, and each such new Series H Preferred Share Certificate and/or new Book-Entry, as applicable, will represent such portion
of such outstanding number of Series H Preferred Shares from the original Series H Preferred Share Certificate as is designated
in writing by such Holder at the time of such surrender. Each Book-Entry may be exchanged into one or more new Series H Preferred
Share Certificates or split by the applicable Holder by delivery of a written notice to the Company into two or more new Book-Entries
(in accordance with Section 19(d)) representing, in the aggregate, the outstanding number of the Series H Preferred Shares in
the original Book-Entry, and each such new Book-Entry and/or new Series H Preferred Share Certificate, as applicable, will represent
such portion of such outstanding number of Series H Preferred Shares from the original Book-Entry as is designated in writing by
such Holder at the time of such surrender.

 

(d)            Issuance
of New Series H Preferred Share Certificate or Book-Entry. Whenever the Company is required to issue a new Series H Preferred
Share Certificate or a new Book-Entry pursuant to the terms of this Certificate of Designations, such new Series H Preferred Share
Certificate or new Book-Entry (i) shall represent, as indicated on the face of such Series H Preferred Share Certificate or
in such Book-Entry, as applicable, the number of Series H Preferred Shares remaining outstanding (or in the case of a new Series H
Preferred Share Certificate or new Book-Entry being issued pursuant to Section 19(a) or Section 19(c), the number of Series H
Preferred Shares designated by such Holder) which, when added to the number of Series H Preferred Shares represented by the other
new Series H Preferred Share Certificates or other new Book-Entry, as applicable, issued in connection with such issuance, does not
exceed the number of Series H Preferred Shares remaining outstanding under the original Series H Preferred Share Certificate
or original Book-Entry, as applicable, immediately prior to such issuance of new Series H Preferred Share Certificate or new Book-Entry,
as applicable, and (ii) shall have an issuance date, as indicated on the face of such new Series H Preferred Share Certificate
or in such new Book-Entry, as applicable, which is the same as the issuance date of the original Series H Preferred Share Certificate
or in such original Book-Entry, as applicable.

 

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20.            Remedies,
Characterizations, Other Obligations, Breaches and Injunctive Relief. The remedies provided in this Certificate of Designations shall
be cumulative and in addition to all other remedies available under this Certificate of Designations and any of the other Transaction
Documents, at law or in equity (including a decree of specific performance and/or other injunctive relief), and nothing herein shall limit
any Holder’s right to pursue actual and consequential damages for any failure by the Company to comply with the terms of this Certificate
of Designations. No failure on the part of a Holder to exercise, and no delay in exercising, any right, power or remedy hereunder shall
operate as a waiver thereof; nor shall any single or partial exercise by such Holder of any right, power or remedy preclude any other
or further exercise thereof or the exercise of any other right, power or remedy. In addition, the exercise of any right or remedy of a
Holder at law or equity or under this Certificate of Designations or any of the documents shall not be deemed to be an election of such
Holder’s rights or remedies under such documents or at law or equity. The Company covenants to each Holder that there shall be no
characterization concerning this instrument other than as expressly provided herein. Amounts set forth or provided for herein with respect
to payments, conversion and the like (and the computation thereof) shall be the amounts to be received by a Holder and shall not, except
as expressly provided herein, be subject to any other obligation of the Company (or the performance thereof). No failure on the part of
a Holder to exercise, and no delay in exercising, any right, power or remedy hereunder shall operate as a waiver thereof; nor shall any
single or partial exercise by such Holder of any right, power or remedy preclude any other or further exercise thereof or the exercise
of any other right, power or remedy. In addition, the exercise of any right or remedy of any Holder at law or equity or under Series H
Preferred Shares or any of the documents shall not be deemed to be an election of such Holder’s rights or remedies under such documents
or at law or equity. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Holders
and that the remedy at law for any such breach may be inadequate. The Company therefore agrees that, in the event of any such breach or
threatened breach, each Holder shall be entitled, in addition to all other available remedies, to specific performance and/or temporary,
preliminary and permanent injunctive or other equitable relief from any court of competent jurisdiction in any such case without the necessity
of proving actual damages and without posting a bond or other security. The Company shall provide all information and documentation to
a Holder that is requested by such Holder to enable such Holder to confirm the Company’s compliance with the terms and conditions
of this Certificate of Designations.

 

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21.            Payment
of Collection, Enforcement and Other Costs. If (a) any Series H Preferred Shares are placed in the hands of an attorney
for collection or enforcement or is collected or enforced through any legal proceeding or a Holder otherwise takes action to collect amounts
due under this Certificate of Designations with respect to the Series H Preferred Shares or to enforce the provisions of this Certificate
of Designations or (b) there occurs any bankruptcy, reorganization, receivership of the Company or other proceedings affecting Company
creditors’ rights and involving a claim under this Certificate of Designations, then the Company shall pay the costs incurred by
such Holder for such collection, enforcement or action or in connection with such bankruptcy, reorganization, receivership or other proceeding,
including, without limitation, attorneys’ fees and disbursements. The Company expressly acknowledges and agrees that no amounts
due under this Certificate of Designations with respect to any Series H Preferred Shares shall be affected, or limited, by the fact
that the purchase price paid for each Series H Preferred Share was less than the original Stated Value thereof.

 

22.            Construction;
Headings. This Certificate of Designations shall be deemed to be jointly drafted by the Company and the Holders and shall not be construed
against any such Person as the drafter hereof. The headings of this Certificate of Designations are for convenience of reference and shall
not form part of, or affect the interpretation of, this Certificate of Designations. Unless the context clearly indicates otherwise, each
pronoun herein shall be deemed to include the masculine, feminine, neuter, singular and plural forms thereof. The terms “including,”
 “includes,” “include” and words of like import shall be construed broadly as if followed by the words “without
limitation.” The terms “herein,” “hereunder,” “hereof” and words of like import refer to this
entire Certificate of Designations instead of just the provision in which they are found. Unless expressly indicated otherwise, all section
references are to sections of this Certificate of Designations. Terms used in this Certificate of Designations and not otherwise defined
herein, but defined in the other Transaction Documents, shall have the meanings ascribed to such terms on the Initial Issuance Date in
such other Transaction Documents unless otherwise consented to in writing by the Required Holders.

 

23.            Failure
or Indulgence Not Waiver. No failure or delay on the part of a Holder in the exercise of any power, right or privilege hereunder shall
operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further
exercise thereof or of any other right, power or privilege. No waiver shall be effective unless it is in writing and signed by an authorized
representative of the waiving party. This Certificate of Designations shall be deemed to be jointly drafted by the Company and all Holders
and shall not be construed against any Person as the drafter hereof. Notwithstanding the foregoing, nothing contained in this Section 23
shall permit any waiver of any provision of Section 4(d).

 

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24.            Dispute
Resolution.

 

(a)            Submission
to Dispute Resolution.

 

(i)            In
the case of a dispute relating to a Closing Bid Price, a Closing Sale Price, a Conversion Price, an Adjusted Conversion Price, an Alternate
Conversion Price, a VWAP or a fair market value or the arithmetic calculation of a Conversion Rate, or the applicable Redemption Price
(as the case may be) (including, without limitation, a dispute relating to the determination of any of the foregoing), the Company or
the applicable Holder (as the case may be) shall submit the dispute to the other party via electronic mail (A) if by the Company,
within two (2) Business Days after the occurrence of the circumstances giving rise to such dispute or (B) if by such Holder
at any time after such Holder learned of the circumstances giving rise to such dispute. If such Holder and the Company are unable to promptly
resolve such dispute relating to such Closing Bid Price, such Closing Sale Price, such Conversion Price, such Adjusted Conversion Price,
such Alternate Conversion Price, such VWAP or such fair market value, or the arithmetic calculation of such Conversion Rate or such applicable
Redemption Price (as the case may be), at any time after the second (2nd) Business Day following such initial notice by the
Company or such Holder (as the case may be) of such dispute to the Company or such Holder (as the case may be), then such Holder may,
with the consent of the Company (not to be unreasonably or untimely withheld), select an independent, reputable investment bank to resolve
such dispute.

 

(ii)           Such Holder
and the Company shall each deliver to such investment bank (A) a copy of the initial dispute submission so delivered in accordance
with the first sentence of this Section 24 and (B) written documentation supporting its position with respect to such dispute,
in each case, no later than 5:00 p.m.  (New York time) by the fifth (5th) Business Day immediately following the date
on which such Holder selected such investment bank (the “Dispute Submission Deadline”) (the documents referred to in
the immediately preceding clauses (A) and (B) are collectively referred to herein as the “Required Dispute Documentation”)
(it being understood and agreed that if either such Holder or the Company fails to so deliver all of the Required Dispute Documentation
by the Dispute Submission Deadline, then the party who fails to so submit all of the Required Dispute Documentation shall no longer be
entitled to (and hereby waives its right to) deliver or submit any written documentation or other support to such investment bank with
respect to such dispute and such investment bank shall resolve such dispute based solely on the Required Dispute Documentation that was
delivered to such investment bank prior to the Dispute Submission Deadline). Unless otherwise agreed to in writing by both the Company
and such Holder or otherwise requested by such investment bank, neither the Company nor such Holder shall be entitled to deliver or submit
any written documentation or other support to such investment bank in connection with such dispute (other than the Required Dispute Documentation).

 

(iii)          The Company
and such Holder shall cause such investment bank to determine the resolution of such dispute and notify the Company and such Holder of
such resolution no later than ten (10) Business Days immediately following the Dispute Submission Deadline. The fees and expenses
of such investment bank shall be borne solely by the Company, and such investment bank’s resolution of such dispute shall be final
and binding upon all parties absent manifest error.

 

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(b)            Miscellaneous.
The Company expressly acknowledges and agrees that (i) this Section 24 constitutes an agreement to arbitrate between the Company
and each Holder (and constitutes an arbitration agreement) under § 7501, et seq. of the New York Civil Practice Law and Rules (“CPLR”)
and that any Holder is authorized to apply for an order to compel arbitration pursuant to CPLR § 7503(a) in order to compel
compliance with this Section 24, (ii) a dispute relating to a Conversion Price includes, without limitation, disputes as to
(A) whether an issuance or sale or deemed issuance or sale of Common Stock occurred under Section 8(a), (B) the consideration
per share at which an issuance or deemed issuance of Common Stock occurred, (C) whether any issuance or sale or deemed issuance or
sale of Common Stock was an issuance or sale or deemed issuance or sale of Excluded Securities, (D) whether an agreement, instrument,
security or the like constitutes and Option or Convertible Security and (E) whether a Dilutive Issuance occurred, (iii) the
terms of this Certificate of Designations and each other applicable Transaction Document shall serve as the basis for the selected investment
bank’s resolution of the applicable dispute, such investment bank shall be entitled (and is hereby expressly authorized) to make
all findings, determinations and the like that such investment bank determines are required to be made by such investment bank in connection
with its resolution of such dispute and in resolving such dispute such investment bank shall apply such findings, determinations and the
like to the terms of this Certificate of Designations and any other applicable Transaction Documents, (iv) the applicable Holder
(and only such Holder with respect to disputes solely relating to such Holder), in its sole discretion, shall have the right to submit
any dispute described in this Section 24 to any state or federal court sitting in The City of New York, Borough of Manhattan in lieu
of utilizing the procedures set forth in this Section 24 and (v) nothing in this Section 24 shall limit such Holder from
obtaining any injunctive relief or other equitable remedies (including, without limitation, with respect to any matters described in this
Section 24).

 

25.            Notices;
Currency; Payments.

 

(a)            Notices.
The Company shall provide each Holder of Series H Preferred Shares with prompt written notice of all actions taken pursuant to the
terms of this Certificate of Designations, including in reasonable detail a description of such action and the reason therefor. Whenever
notice is required to be given under this Certificate of Designations, unless otherwise provided herein, such notice must be in writing
and shall be given in accordance with Section 9(f) of the Securities Purchase Agreement. The Company shall provide each Holder
with prompt written notice of all actions taken pursuant to this Certificate of Designations, including in reasonable detail a description
of such action and the reason therefore. Without limiting the generality of the foregoing, the Company shall give written notice to each
Holder (i) immediately upon any adjustment of the Conversion Price, setting forth in reasonable detail, and certifying, the calculation
of such adjustment and (ii) at least fifteen (15) days prior to the date on which the Company closes its books or takes a record
(A) with respect to any dividend or distribution upon the Common Stock, (B) with respect to any grant, issuances, or sales of
any Options, Convertible Securities or rights to purchase stock, warrants, securities or other property to holders of shares of Common
Stock or (C) for determining rights to vote with respect to any Fundamental Transaction, dissolution or liquidation, provided in
each case that such information shall be made known to the public prior to or in conjunction with such notice being provided to such Holder.

 

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(b)            Currency.
All dollar amounts referred to in this Certificate of Designations are in United States Dollars (“U.S. Dollars”), and
all amounts owing under this Certificate of Designations shall be paid in U.S. Dollars. All amounts denominated in other currencies (if
any) shall be converted into the U.S. Dollar equivalent amount in accordance with the Exchange Rate on the date of calculation. “Exchange
Rate” means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Certificate of Designations,
the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation (it being understood and agreed
that where an amount is calculated with reference to, or over, a period of time, the date of calculation shall be the final date of such
period of time).

 

(c)            Payments.
Whenever any payment of cash is to be made by the Company to any Person pursuant to this Certificate of Designations, unless otherwise
expressly set forth herein, such payment shall be made in lawful money of the United States of America by wire transfer of immediately
available funds pursuant to wire transfer instructions that Holder shall provide to the Company in writing from time to time. Whenever
any amount expressed to be due by the terms of this Certificate of Designations is due on any day which is not a Business Day, the same
shall instead be due on the next succeeding day which is a Business Day. Any amount due under the Transaction Documents which is not paid
when due (except to the extent such amount is simultaneously accruing Dividends at the Default Rate hereunder) shall result in a late
charge being incurred and payable by the Company in an amount equal to interest on such amount at the rate of eighteen percent (18%) per
annum from the date such amount was due until the same is paid in full (“Late Charge”).

 

26.            Waiver
of Notice. To the extent permitted by law, the Company hereby irrevocably waives demand, notice, presentment, protest and all other
demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this Certificate of Designations
and the Securities Purchase Agreement.

 

27.            Governing
Law. This Certificate of Designations shall be construed and enforced in accordance with, and all questions concerning the construction,
validity, interpretation and performance of this Certificate of Designations shall be governed by, the internal laws of the State of Delaware,
without giving effect to any choice of law or conflict of law provision or rule (whether of the State of Delaware or any other jurisdictions)
that would cause the application of the laws of any jurisdictions other than the State of Delaware. Except as otherwise required by Section 24
above, the Company hereby irrevocably submits to the non-exclusive jurisdiction of the state and federal courts sitting in The City of
New York, Borough of Manhattan, for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated
hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that
it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient
forum or that the venue of such suit, action or proceeding is improper. Nothing contained herein shall be deemed to limit in any way any
right to serve process in any manner permitted by law. Nothing contained herein shall be deemed to limit in any way any right to serve
process in any manner permitted by law. Nothing contained herein (i) shall be deemed or operate to preclude any Holder from bringing
suit or taking other legal action against the Company in any other jurisdiction to collect on the Company’s obligations to such
Holder, to realize on any collateral or any other security for such obligations, or to enforce a judgment or other court ruling in favor
of such Holder or (ii) shall limit, or shall be deemed or construed to limit, any provision of Section 24 above. THE COMPANY
HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE TO, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER
OR IN CONNECTION WITH OR ARISING OUT OF THIS CERTIFICATE OF DESIGNATIONS OR ANY TRANSACTION CONTEMPLATED HEREBY.

 

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28.            Judgment
Currency.

 

(a)            If
for the purpose of obtaining or enforcing judgment against the Company in any court in any jurisdiction it becomes necessary to convert
into any other currency (such other currency being hereinafter in this Section 28 referred to as the “Judgment Currency”)
an amount due in U.S. dollars under this Certificate of Designations, the conversion shall be made at the Exchange Rate prevailing on
the Trading Day immediately preceding:

 

(i) the date
actual payment of the amount due, in the case of any proceeding in the courts of New York or in the courts of any other jurisdiction that
will give effect to such conversion being made on such date: or

 

(ii) the date
on which the foreign court determines, in the case of any proceeding in the courts of any other jurisdiction (the date as of which such
conversion is made pursuant to this Section 28(a)(ii) being hereinafter referred to as the “Judgment Conversion Date”).

 

(b)            If
in the case of any proceeding in the court of any jurisdiction referred to in Section 28(a)(ii) above, there is a change in
the Exchange Rate prevailing between the Judgment Conversion Date and the date of actual payment of the amount due, the applicable party
shall pay such adjusted amount as may be necessary to ensure that the amount paid in the Judgment Currency, when converted at the Exchange
Rate prevailing on the date of payment, will produce the amount of US dollars which could have been purchased with the amount of Judgment
Currency stipulated in the judgment or judicial order at the Exchange Rate prevailing on the Judgment Conversion Date.

 

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(c)            Any
amount due from the Company under this provision shall be due as a separate debt and shall not be affected by judgment being obtained
for any other amounts due under or in respect of this Certificate of Designations.

 

29.            Severability.
If any provision of this Certificate of Designations is prohibited by law or otherwise determined to be invalid or unenforceable by a
court of competent jurisdiction, the provision that would otherwise be prohibited, invalid or unenforceable shall be deemed amended to
apply to the broadest extent that it would be valid and enforceable, and the invalidity or unenforceability of such provision shall not
affect the validity of the remaining provisions of this Certificate of Designations so long as this Certificate of Designations as so
modified continues to express, without material change, the original intentions of the parties as to the subject matter hereof and the
prohibited nature, invalidity or unenforceability of the provision(s) in question does not substantially impair the respective expectations
or reciprocal obligations of the parties or the practical realization of the benefits that would otherwise be conferred upon the parties.
The parties will endeavor in good faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid
provision(s), the effect of which comes as close as possible to that of the prohibited, invalid or unenforceable provision(s).

 

30.            Maximum
Payments. Without limiting Section 9(d) of the Securities Purchase Agreement, nothing contained herein shall be deemed to
establish or require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event
that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments in excess
of such maximum shall be credited against amounts owed by the Company to the applicable Holder and thus refunded to the Company.

 

31.            Stockholder
Matters; Amendment.

 

(a)            Stockholder
Matters. Any stockholder action, approval or consent required, desired or otherwise sought by the Company pursuant to the DGCL, the
Certificate of Incorporation, this Certificate of Designations or otherwise with respect to the issuance of Series H Preferred Shares
may be effected by written consent of the Company’s stockholders or at a duly called meeting of the Company’s stockholders,
all in accordance with the applicable rules and regulations of the DGCL. This provision is intended to comply with the applicable
sections of the DGCL permitting stockholder action, approval and consent affected by written consent in lieu of a meeting.

 

(b)            Amendment.
Except for Section 4(d), which may not be amended or waived hereunder, this Certificate of Designations or any provision hereof may
be amended by obtaining the affirmative vote at a meeting duly called for such purpose, or written consent without a meeting in accordance
with the DGCL, of the Required Holders, voting separate as a single class, and with such other stockholder approval, if any, as may then
be required pursuant to the DGCL and the Certificate of Incorporation.

 

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32.            Certain
Defined Terms. For purposes of this Certificate of Designations, the following terms shall have the following meanings:

 

(a)            “1933
Act” means the Securities Act of 1933, as amended, and the rules and regulations thereunder.

 

(b)            “1934
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder.

 

(c)            “Additional
Amount” means, as of the applicable date of determination, with respect to each Series H Preferred Share, all declared
and unpaid Dividends on such Series H Preferred Share.

 

(d)            “Adjustment
Right” means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or
sale (or deemed issuance or sale in accordance with Section 8(a)) of shares of Common Stock (other than rights of the type described
in Section 7(a) hereof) that could result in a decrease in the net consideration received by the Company in connection with,
or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

 

(e)            “Affiliate”
or “Affiliated” means, with respect to any Person, any other Person that directly or indirectly controls, is controlled
by, or is under common control with, such Person, it being understood for purposes of this definition that “control” of a
Person means the power directly or indirectly either to vote 10% or more of the stock having ordinary voting power for the election of
directors of such Person or direct or cause the direction of the management and policies of such Person whether by contract or otherwise.

 

(f)            “Alternate
Conversion Price” means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable
Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, and (ii) the Market Price
as of the Trading Day immediately preceding the delivery or deemed delivery of the applicable Conversion Notice.

 

(g)            “Approved
Stock Plan” means any employee benefit plan or agreement which has been approved by the Board prior to or subsequent to the
Subscription Date pursuant to which shares of Common Stock and standard options to purchase Common Stock may be issued to any employee,
officer, consultant or director for services provided to the Company in their capacity as such.

 

(h)            “Attribution
Parties” means, collectively, the following Persons and entities: (i) any investment vehicle, including, any funds, feeder
funds or managed accounts, currently, or from time to time after the Initial Issuance Date, directly or indirectly managed or advised
by a Holder’s investment manager or any of its Affiliates or principals, (ii) any direct or indirect Affiliates of such Holder
or any of the foregoing, (iii) any Person acting or who could be deemed to be acting as a Group together with such Holder or any
of the foregoing and (iv) any other Persons whose beneficial ownership of the Company’s Common Stock would or could be aggregated
with such Holder’s and the other Attribution Parties for purposes of Section 13(d) of the 1934 Act. For clarity, the purpose
of the foregoing is to subject collectively such Holder and all other Attribution Parties to the Maximum Percentage.

 

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(i)            “Black
Scholes Consideration Value” means the value of the applicable Option, Convertible Security or Adjustment Right (as the case
may be) as of the date of issuance thereof calculated using the Black Scholes Option Pricing Model obtained from the “OV”
function on Bloomberg utilizing (i) an underlying price per share equal to the Closing Sale Price of the Common Stock on the Trading
Day immediately preceding the public announcement of the execution of definitive documents with respect to the issuance of such Option,
Convertible Security or Adjustment Right (as the case may be), (ii) a risk-free interest rate corresponding to the U.S. Treasury
rate for a period equal to the remaining term of such Option, Convertible Security or Adjustment Right (as the case may be) as of the
date of issuance of such Option, Convertible Security or Adjustment Right (as the case may be), (iii) a zero cost of borrow and (iv) an
expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg (determined utilizing
a 365 day annualization factor) as of the Trading Day immediately following the date of issuance of such Option, Convertible Security
or Adjustment Right (as the case may be).

 

(j)            “Bloomberg”
means Bloomberg, L.P.

 

(k)            “Book-Entry”
means each entry on the Register evidencing one or more Series H Preferred Shares held by a Holder in lieu of a Series H Preferred
Share Certificate issuable hereunder.

 

(l)            “Business
Day” means any day other than Saturday, Sunday or other day on which commercial banks in The City of New York are authorized
or required by law to remain closed; provided, however, for clarification, commercial
banks shall not be deemed to be authorized or required by law to remain closed due to “stay at home”, “shelter-in-place”,
 “non-essential employee”  or any other similar orders or restrictions or the closure of any physical branch locations
at the direction of any governmental authority so long as the electronic funds transfer systems (including for wire transfers) of commercial
banks in The City of New York generally are open for use by customers on such day.

 

(m)            “Change
of Control” means any Fundamental Transaction other than (i) any merger of the Company or any of its, direct or indirect,
wholly-owned Subsidiaries with or into any of the foregoing Persons, (ii) any reorganization, recapitalization or reclassification
of the shares of Common Stock in which holders of the Company’s voting power immediately prior to such reorganization, recapitalization
or reclassification continue after such reorganization, recapitalization or reclassification to hold publicly traded securities and, directly
or indirectly, are, in all material respects, the holders of the voting power of the surviving entity (or entities with the authority
or voting power to elect the members of the board of directors (or their equivalent if other than a corporation) of such entity or entities)
after such reorganization, recapitalization or reclassification or (iii) pursuant to a migratory merger effected solely for the purpose
of changing the jurisdiction of incorporation of the Company or any of its Subsidiaries; provided, that the Harp Transaction shall not
be deemed to be a Change of Control hereunder.

 

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(n)            “Change
of Control Redemption Premium” means 125%.

 

(o)            “Closing
Bid Price” and “Closing Sale Price” means, for any security as of any date, the last closing bid price and
last closing trade price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market
begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price (as the case may
be) then the last bid price or last trade price, respectively, of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg,
or, if the Principal Market is not the principal securities exchange or trading market for such security, the last closing bid price or
last trade price, respectively, of such security on the principal securities exchange or trading market where such security is listed
or traded as reported by Bloomberg, or if the foregoing do not apply, the last closing bid price or last trade price, respectively, of
such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no closing
bid price or last trade price, respectively, is reported for such security by Bloomberg, the average of the bid prices, or the ask prices,
respectively, of any market makers for such security as reported in The Pink Open Market (or a similar organization or agency succeeding
to its functions of reporting prices). If the Closing Bid Price or the Closing Sale Price cannot be calculated for a security on a particular
date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price (as the case may be) of such security on such date
shall be the fair market value as mutually determined by the Company and the Required Holder. If the Company and the Required Holders
are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures
in Section 24. All such determinations shall be appropriately adjusted for any stock splits, stock dividends, stock combinations,
recapitalizations or other similar transactions during such period.

 

(p)            “Closing
Date” shall have the meaning set forth in the Securities Purchase Agreement, which date is the date the Company initially issued
the Series H Preferred Shares, the Common Warrants and the Preferred Warrants pursuant to the terms of the Securities Purchase Agreement.

 

(q)            “Common
Stock” means (i) the Company’s shares of common stock, $0.0001 par value per share, and (ii) any capital stock
into which such common stock shall have been changed or any share capital resulting from a reclassification of such common stock.

 

(r)            “Common
Warrants” has the meaning ascribed to such term in the Securities Purchase Agreement, and shall include all warrants issued
in exchange therefor or replacement thereof.

 

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(s)            “Contingent
Obligation” means, as to any Person, any direct or indirect liability, contingent or otherwise, of that Person with respect
to any Indebtedness, lease, dividend or other obligation of another Person if the primary purpose or intent of the Person incurring such
liability, or the primary effect thereof, is to provide assurance to the obligee of such liability that such liability will be paid or
discharged, or that any agreements relating thereto will be complied with, or that the holders of such liability will be protected (in
whole or in part) against loss with respect thereto.

 

(t)            “Convertible
Securities” means any stock or other security (other than Options) that is at any time and under any circumstances, directly
or indirectly, convertible into, exercisable or exchangeable for, or which otherwise entitles the holder thereof to acquire, any shares
of Common Stock.

 

(u)            “Eligible
Market” shall have the meaning as set forth in the Securities Purchase Agreement.

 

(v)            “Event
Market Price” means, with respect to any Stock Combination Event Date, 80% of the quotient determined by dividing (x) the
sum of the VWAP of the Common Stock for each of the three (3) lowest Trading Days during the twenty (20) consecutive Trading Day
period ending and including the Trading Day immediately preceding the sixteenth (16th) Trading Day after such Stock Combination Event
Date, divided by (y) three (3).

 

(w)            “Excluded
Securities” shall have the meaning as set forth in the Securities Purchase Agreement.

 

(x)            “Fundamental
Transaction” means (A) that the Company shall, directly or indirectly, including through subsidiaries, Affiliates or otherwise,
in one or more related transactions, (i) consolidate or merge with or into (whether or not the Company is the surviving corporation)
another Subject Entity, or (ii) sell, assign, transfer, convey or otherwise dispose of all or substantially all of the properties
or assets of the Company or any of its “significant subsidiaries” (as defined in Rule 1-02 of Regulation S-X) to one
or more Subject Entities, or (iii) make, or allow one or more Subject Entities to make, or allow the Company to be subject to or
have its Common Stock be subject to or party to one or more Subject Entities making, a purchase, tender or exchange offer that is accepted
by the holders of at least either (x) 50% of the outstanding shares of Common Stock, (y) 50% of the outstanding shares of Common
Stock calculated as if any shares of Common Stock held by all Subject Entities making or party to, or Affiliated with any Subject Entities
making or party to, such purchase, tender or exchange offer were not outstanding; or (z) such number of shares of Common Stock such
that all Subject Entities making or party to, or Affiliated with any Subject Entity making or party to, such purchase, tender or exchange
offer, become collectively the beneficial owners (as defined in Rule 13d-3 under the 1934 Act) of at least 50% of the outstanding
shares of Common Stock, or (iv) consummate a stock or share purchase agreement or other business combination (including, without
limitation, a reorganization, recapitalization, spin-off or scheme of arrangement) with one or more Subject Entities whereby all such
Subject Entities, individually or in the aggregate, in any transaction or series or related transactions, acquire, either (x) at
least 50% of the outstanding shares of Common Stock, (y) at least 50% of the outstanding shares of Common Stock calculated as if
any shares of Common Stock held by all the Subject Entities making or party to, or Affiliated with any Subject Entity making or party
to, such stock purchase agreement or other business combination were not outstanding; or (z) such number of shares of Common Stock
such that the Subject Entities become collectively the beneficial owners (as defined in Rule 13d-3 under the 1934 Act) of at least
50% of the outstanding shares of Common Stock, or (v) reorganize, recapitalize or reclassify its Common Stock, (B) that the
Company shall, directly or indirectly, including through subsidiaries, Affiliates or otherwise, in one or more related transactions, allow
any Subject Entity individually or the Subject Entities in the aggregate to be or become the “beneficial owner” (as defined
in Rule 13d-3 under the 1934 Act), directly or indirectly, whether through acquisition, purchase, assignment, conveyance, tender,
tender offer, exchange, reduction in outstanding shares of Common Stock, merger, consolidation, business combination, reorganization,
recapitalization, spin-off, scheme of arrangement, reorganization, recapitalization or reclassification or otherwise in any manner whatsoever,
of either (x) at least 50% of the aggregate ordinary voting power represented by issued and outstanding Common Stock, (y) at
least 50% of the aggregate ordinary voting power represented by issued and outstanding Common Stock not held by all such Subject Entities
as of the date of this Certificate of Designations calculated as if any shares of Common Stock held by all such Subject Entities were
not outstanding, or (z) a percentage of the aggregate ordinary voting power represented by issued and outstanding shares of Common
Stock or other equity securities of the Company sufficient to allow such Subject Entities to effect a statutory short form merger or other
transaction requiring other stockholders of the Company to surrender their shares of Common Stock without approval of the stockholders
of the Company or (C) directly or indirectly, including through subsidiaries, Affiliates or otherwise, in one or more related transactions,
the issuance of or the entering into any other instrument or transaction structured in a manner to circumvent, or that circumvents, the
intent of this definition in which case this definition shall be construed and implemented in a manner otherwise than in strict conformity
with the terms of this definition to the extent necessary to correct this definition or any portion of this definition which may be defective
or inconsistent with the intended treatment of such instrument or transaction.

 

    44

     

    

 

(y)            “GAAP”
means United States generally accepted accounting principles, consistently applied.

 

(z)            “Group”
means a “group” as that term is used in Section 13(d) of the 1934 Act and as defined in Rule 13d-5 thereunder.

 

(aa)     “Harp
Transaction” means “Harp Transaction” means the acquisition of Biorenewable Technologies, Inc, a Delaware
corporation, and Harp Electric Eng. Ltd., a limited company organized under the laws of Ireland (collectively “Harp”)
as disclosed pursuant to a Letter of Intent between the Company and Harp as filed on the Company’s Current Report on Form 8-K
filed with the SEC on June 24, 2022.

 

    45

     

    

 

(bb)     “Holder
Pro Rata Amount” means, with respect to any Holder, a fraction (i) the numerator of which is the number of Series H
Preferred Shares issued to such Holder pursuant to the Securities Purchase Agreement on the Initial Issuance Date and (ii) the denominator
of which is the number of Series H Preferred Shares issued to all Holders pursuant to the Securities Purchase Agreement on the Initial
Issuance Date.

 

(cc)     “Indebtedness”
means of any Person means, without duplication (A) all indebtedness for borrowed money, (B) all obligations issued, undertaken
or assumed as the deferred purchase price of property or services, including, without limitation, “capital leases” in accordance
with United States generally accepted accounting principles consistently applied for the periods covered thereby (other than trade payables
entered into in the ordinary course of business consistent with past practice), (C) all reimbursement or payment obligations with
respect to letters of credit, surety bonds and other similar instruments, (D) all obligations evidenced by notes, bonds, debentures
or similar instruments, including obligations so evidenced incurred in connection with the acquisition of property, assets or businesses,
(E) all indebtedness created or arising under any conditional sale or other title retention agreement, or incurred as financing,
in either case with respect to any property or assets acquired with the proceeds of such indebtedness (even though the rights and remedies
of the seller or bank under such agreement in the event of default are limited to repossession or sale of such property), (F) all
monetary obligations under any leasing or similar arrangement which, in connection with United States generally accepted accounting principles,
consistently applied for the periods covered thereby, is classified as a capital lease, (G) all indebtedness referred to in clauses
(A) through (F) above secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise,
to be secured by) any mortgage, deed of trust, lien, pledge, charge, security interest or other encumbrance of any nature whatsoever in
or upon any property or assets (including accounts and contract rights) with respect to any asset or property owned by any Person, even
though the Person which owns such assets or property has not assumed or become liable for the payment of such indebtedness, and (H) all
Contingent Obligations in respect of indebtedness or obligations of others of the kinds referred to in clauses (A) through (G) above.

 

(dd)     “Intellectual
Property Rights” means, with respect to the Company and its Subsidiaries, all of their rights or licenses to use all trademarks,
trade names, service marks, service mark registrations, service names, original works of authorship, patents, patent rights, copyrights,
inventions, licenses, approvals, governmental authorizations, trade secrets and other intellectual property rights and all applications
and registrations therefor.

 

(ee)     “Investment”
means any beneficial ownership (including stock, partnership or limited liability company interests) of or in any Person, or any loan,
advance or capital contribution to any Person or the acquisition of all, or substantially all, of the assets of another Person or the
purchase of any assets of another Person for greater than the fair market value of such assets.

 

    46

     

    

 

(ff)     “Liquidation
Event” means, whether in a single transaction or series of transactions, the voluntary or involuntary liquidation, dissolution
or winding up of the Company or such Subsidiaries the assets of which constitute all or substantially all of the assets of the business
of the Company and its Subsidiaries, taken as a whole.

 

(gg)     “Market
Price” means, as of any time of determination, the lower of (x) the VWAP of the Common Stock as of the Trading Day immediately
preceding the applicable date of determination and (y) the quotient of (A) the sum of the VWAP of the Common Stock for each
of the three (3) Trading Days with the lowest VWAP of the Common Stock during the twenty (20) consecutive Trading Day period ending
and including the Trading Day immediately prior to the applicable date of determination, divided by (B) three (3). All such determinations
to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during any such measuring
period.

 

(hh)     “Material
Adverse Effect” means any material adverse effect on the business, properties, assets, liabilities, operations, results of operations,
condition (financial or otherwise) or prospects of the Company and its Subsidiaries, if any, individually or taken as a whole, or on the
transactions contemplated hereby or on the other Transaction Documents (as defined below), or by the agreements and instruments to be
entered into in connection therewith or on the authority or ability of the Company to perform its obligations under the Transaction Documents.

 

(ii)            “Maturity
Date” shall mean the second anniversary of the Initial Issuance Date; provided, however, the Maturity Date may be extended at
the option of a Holder (i) in the event that, and for so long as, a Triggering Event shall have occurred and be continuing or any
event shall have occurred and be continuing that with the passage of time and the failure to cure would result in a Triggering Event or
(ii) through the date that is twenty (20) Business Days after the consummation of a Fundamental Transaction in the event that a Fundamental
Transaction is publicly announced or a Change of Control Notice is delivered prior to the Maturity Date, provided further that if a Holder
elects to convert some or all of its Series H Preferred Shares pursuant to Section 4 hereof, and the Conversion Amount would
be limited pursuant to Section 4(d) hereunder, the Maturity Date shall automatically be extended until such time as such provision
shall not limit the conversion of such Series H Preferred Shares.

 

(jj)     “Options”
means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

 

(kk)     “Parent
Entity” of a Person means an entity that, directly or indirectly, controls the applicable Person and whose common stock or equivalent
equity security is quoted or listed on an Eligible Market, or, if there is more than one such Person or Parent Entity, the Person or Parent
Entity with the largest public market capitalization as of the date of consummation of the Fundamental Transaction.

 

    47

     

    

 

(ll)     “Permitted
Commercial Loan” means up to $1,500,000 in aggregate principal of Indebtedness outstanding pursuant to that certain Credit Agreement
dated February 2, 2018, by and between BHT Financial LLC and Comerica Bank, as in effect as of the date hereof.

 

(mm)     “Permitted
Indebtedness” means (i) Indebtedness set forth on Schedule 3(s) to the Securities Purchase Agreement, as in effect
as of the Subscription Date (other than the Permitted Senior Indebtedness), (ii) Indebtedness secured by Permitted Liens or unsecured
but as described in clauses (iv) and (v) of the definition of Permitted Liens and (iii) the Permitted Senior Indebtedness.

 

(nn)     “Permitted
Liens” means (i) any Lien for taxes not yet due or delinquent or being contested in good faith by appropriate proceedings
for which adequate reserves have been established in accordance with GAAP, (ii) any statutory Lien arising in the ordinary course
of business by operation of law with respect to a liability that is not yet due or delinquent, (iii) any Lien created by operation
of law, such as materialmen’s liens, mechanics’ liens and other similar liens, arising in the ordinary course of business
with respect to a liability that is not yet due or delinquent or that are being contested in good faith by appropriate proceedings, (iv) Liens
(A) upon or in any equipment acquired or held by the Company or any of its Subsidiaries to secure the purchase price of such equipment
or Indebtedness incurred solely for the purpose of financing the acquisition or lease of such equipment, or (B) existing on such
equipment at the time of its acquisition, provided that the Lien is confined solely to the property so acquired and improvements thereon,
and the proceeds of such equipment, in either case, with respect to Indebtedness in an aggregate amount not to exceed $150,000, (v) Liens
incurred in connection with the extension, renewal or refinancing of the Indebtedness secured by Liens of the type described in clause
(iv) above, provided that any extension, renewal or replacement Lien shall be limited to the property encumbered by the existing
Lien and the principal amount of the Indebtedness being extended, renewed or refinanced does not increase, (vi) Liens in favor of
customs and revenue authorities arising as a matter of law to secure payments of custom duties in connection with the importation of goods,
(vii) Liens arising from judgments, decrees or attachments in circumstances not constituting a Triggering Event under Section 5(a)(ix),
(viii) Liens with respect to Permitted Senior Indebtedness.

 

(oo)            “Permitted
Senior Indebtedness” means up to $3,281,250 in aggregate principal of Indebtedness outstanding pursuant to that certain Note
Purchase and Security Agreement  and Senior Secured Term Promissory Note, each dated February 2, 2018, by and among Biohitech
Global, Inc.,  BHT Financial, LLC, Biohitech America, LLC,  Biohitech Europe, Ltd.,  E.N.A. Renewables, LLC,
and New Windsor Resource Recovery, LLC and Michaelson Capital Special Finance Fund II, L.P., in each case, as in effect as of the date
hereof.

 

(pp)     “Person”
means an individual, a limited liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization,
any other entity or a government or any department or agency thereof.

 

    48

     

    

 

(qq)     “Preferred
Warrants” has the meaning ascribed to such term in the Securities Purchase Agreement, and shall include all warrants issued
in exchange therefor or replacement thereof.

 

(rr)     “Principal
Market” shall have the meaning as set forth in the Securities Purchase Agreement.

 

(ss)     “Redemption
Notices” means, collectively, the Triggering Events Redemption Notices, the Maturity Redemption Notice and the Change of Control
Redemption Notices, and each of the foregoing, individually, a “Redemption Notice.”

 

(tt)     “Redemption
Premium” means 125%.

 

(uu)     “Redemption
Prices” means, collectively, any Triggering Event Redemption Price, Change of Control Redemption Price and Maturity Redemption
Price, and each of the foregoing, individually, a “Redemption Price.”

 

(vv)     “Registration
Rights Agreement” means that certain registration rights agreement, dated as of the Closing Date, by and among the Company and
the initial holders of the Series H Preferred Shares relating to, among other things, the registration of the resale of the Common
Stock issuable upon conversion of the Series H Preferred Shares or otherwise pursuant to the terms of this Certificate of Designations
and exercise of the Common Warrants, as may be amended from time to time.

 

(ww)     “Resale
Eligibility Date” means the earlier of (x) the first date on which the resale by the Purchasing Buyers (as defined in the
Securities Purchase Agreement) of all the Registrable Securities required to be filed on the initial Registration Statement (as defined
in the Registration Rights Agreement) pursuant to the Registration Rights Agreement (subject to any required reduction in accordance therewith)
is declared effective by the SEC (and each prospectus contained therein is available for use on such date) or (y) the first date
on which all of the Registrable Securities are eligible to be resold by the Purchasing Buyers pursuant to Rule 144 (or, if a Current
Public Information Failure (as defined in the Registration Rights Agreement) has occurred and is continuing, such later date after which
the Company has cured such Current Public Information Failure) (or such earlier date as the Company and the Required Holders shall mutually
agree in writing).

 

(xx)            “SEC”
means the United States Securities and Exchange Commission or the successor thereto.

 

(yy)     “Securities
Purchase Agreement” means that certain securities purchase and exchange agreement by and among the Company and the investors
signatory thereto, dated as of the Subscription Date, as may be amended from time in accordance with the terms thereof.

 

(zz)     “Stated
Value” shall mean $1,000 per share (together with, solely if elected in writing by a Holder (which writing may be an e-mail),
such additional amount as specified in such writing (or e-mail) that was required to be paid to such Holder pursuant to the Transaction
Documents and that the Company failed to timely pay to such Holder pursuant thereto, in each case, allocated to the Stated Value of the
Series H Preferred Shares of such Holder as specified in such writing (or e-mail)), subject to adjustment for stock splits, stock
dividends, recapitalizations, reorganizations, reclassifications, combinations, subdivisions or other similar events occurring after the
Initial Issuance Date with respect to the Series H Preferred Shares.

 

    49

     

    

 

(aaa)     “Subscription
Date” means August 19, 2022.

 

(bbb)     “Subject
Entity” means any Person, Persons or Group or any Affiliate or associate of any such Person, Persons or Group.

 

(ccc)     “Subsidiaries”
shall have the meaning as set forth in the Securities Purchase Agreement.

 

(ddd)     “Successor
Entity” means the Person (or, if so elected by the Required Holders, the Parent Entity) formed by, resulting from or surviving
any Fundamental Transaction or the Person (or, if so elected by the Required Holders, the Parent Entity) with which such Fundamental Transaction
shall have been entered into.

 

(eee)     “Trading
Day” means, as applicable, (x) with respect to all price or trading volume determinations relating to the Common Stock,
any day on which the Common Stock is traded on the Principal Market, or, if the Principal Market is not the principal trading market for
the Common Stock, then on the principal securities exchange or securities market on which the Common Stock is then traded, provided that
 “Trading Day” shall not include any day on which the Common Stock is scheduled to trade on such exchange or market for less
than 4.5 hours or any day that the Common Stock is suspended from trading during the final hour of trading on such exchange or market
(or if such exchange or market does not designate in advance the closing time of trading on such exchange or market, then during the hour
ending at 4:00:00 p.m., New York time) unless such day is otherwise designated as a Trading Day in writing by the applicable Holder or
(y) with respect to all determinations other than price determinations relating to the Common Stock, any day on which The New York
Stock Exchange (or any successor thereto) is open for trading of securities.

 

(fff)     “Transaction
Documents” means the Securities Purchase Agreement, this Certificate of Designations, the other Certificates of Designations
(as defined in the Securities Purchase Agreements), the Common Warrants the Preferred Warrants and each of the other agreements and instruments
entered into or delivered by the Company or any of the Holders in connection with the transactions contemplated by the Securities Purchase
Agreement, all as may be amended from time to time in accordance with the terms thereof.

 

(ggg)     “VWAP”
means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market (or, if the
Principal Market is not the principal trading market for such security, then on the principal securities exchange or securities market
on which such security is then traded), during the period beginning at 9:30 a.m., New York time, and ending at 4:00 p.m., New York time,
as reported by Bloomberg through its “VAP” function (set to 09:30 start time and 16:00 end time) or, if the foregoing does
not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for
such security during the period beginning at 9:30 a.m., New York time, and ending at 4:00 p.m., New York time, as reported by Bloomberg,
or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest closing
bid price and the lowest closing ask price of any of the market makers for such security as reported in The Pink Open Market (or a similar
organization or agency succeeding to its functions of reporting prices). If the VWAP cannot be calculated for such security on such date
on any of the foregoing bases, the VWAP of such security on such date shall be the fair market value as mutually determined by the Company
and the Required Holders. If the Company and the Required Holders are unable to agree upon the fair market value of such security, then
such dispute shall be resolved in accordance with the procedures in Section 24. All such determinations shall be appropriately adjusted
for any stock dividend, stock split, stock combination, recapitalization or other similar transaction during such period.

 

    50

     

    

 

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

 

(iii)            “Warrant
Preferred Shares” means, collectively, the Series H Preferred Shares issuable upon exercise of the Preferred Warrants.

 

33.            Disclosure.
Upon receipt or delivery by the Company of any notice in accordance with the terms of this Certificate of Designations, unless the Company
has in good faith determined that the matters relating to such notice do not constitute material, non-public information relating to the
Company or any of its Subsidiaries, the Company shall on or prior to 9:00 am, New York city time on the Business Day immediately following
such notice delivery date, publicly disclose such material, non-public information on a Current Report on Form 8-K or otherwise.
In the event that the Company believes that a notice contains material, non-public information relating to the Company or any of its Subsidiaries,
the Company so shall indicate to the Holder explicitly in writing in such notice (or immediately upon receipt of notice from such Holder,
as applicable), and in the absence of any such written indication in such notice (or notification from the Company immediately upon receipt
of notice from such Holder), such Holder shall be entitled to presume that information contained in the notice does not constitute material,
non-public information relating to the Company or any of its Subsidiaries. Nothing contained in this Section 33 shall limit any obligations
of the Company, or any rights of any Holder, under Section 4(i) of the Securities Purchase Agreement.

 

34.            Absence
of Trading and Disclosure Restrictions. The Company acknowledges and agrees that no Holder is a fiduciary or agent of the Company
and that each Holder shall have no obligation to (a) maintain the confidentiality of any information provided by the Company or (b) refrain
from trading any securities while in possession of such information in the absence of a written non-disclosure agreement signed by an
officer of such Holder that explicitly provides for such confidentiality and trading restrictions. In the absence of such an executed,
written non-disclosure agreement, the Company acknowledges that each Holder may freely trade in any securities issued by the Company,
may possess and use any information provided by the Company in connection with such trading activity, and may disclose any such information
to any third party.

 

* * * * *

 

    51

     

    

 

IN WITNESS WHEREOF, the Company
has caused this Amended and Restated Certificate of Designations of Series H Convertible Preferred Stock of Renovare Environmental, Inc.
to be signed by its authorized officer on this 19th day of August, 2022.

 

	 	RENOVARE ENVIRONMENTAL, INC.
	 	 	 
		By:	/s/ Brian C. Essman
	 	 	Name: Brian C. Essman
	 	 	Title:
                                            Chief Financial Officer

 

     

     

    

 

EXHIBIT I

 

RENOVARE ENVIRONMENTAL, INC.

 

CONVERSION NOTICE

 

Reference is made to the Certificate
of Designations, Preferences and Rights of the Series H Convertible Preferred Stock of Renovare Environmental, Inc., as amended
(the “Certificate of Designations”). In accordance with and pursuant to the Certificate of Designations, the undersigned
hereby elects to convert the number of shares of Series H Convertible Preferred Stock, $0.0001 par value per share (the “Series H
Preferred Shares”), of Renovare Environmental, Inc. a Delaware corporation (the “Company”), indicated
below into shares of common stock, $0.0001 value per share (the “Common Stock”), of the Company, as of the date specified
below.

 

	Date of Conversion:	 
	 	 
	Aggregate number of Series H Preferred Shares to be converted	 
	 	 
	Aggregate Stated Value of such Series H Preferred Shares to be converted:	 
	 	 
	Aggregate accrued and unpaid Dividends and accrued and unpaid Late Charges with respect to such Series H Preferred Shares and such Aggregate Dividends to be converted:	 
	 	 
	AGGREGATE CONVERSION AMOUNT TO BE CONVERTED:	 
	 	 
	Please confirm the following information:
	 
	Conversion Price:	 
	 	 
	Number of shares of Common Stock to be issued:	 
	 	 
	 ̈     If
this Conversion Notice is being delivered with respect to an Alternate Conversion, check here if Holder is electing to use the following
Alternate Conversion Price:____________ 

 

     

     

    

 

Please issue the Common Stock into which the
applicable Series H Preferred Shares are being converted to Holder, or for its benefit, as follows:

 

	 ̈
        Check here if requesting delivery as a certificate to the following name and to the following address:
	 
	Issue to:	 
	 	 
	 	 
	 	 
	 ̈
        Check here if requesting delivery by Deposit/Withdrawal at Custodian as follows: 
	 
	DTC Participant:	 
	 	 
	DTC Number:	 
	 	 
	Account Number:	 

 

	Date:
    _____________ __, _____	 
	 	 	 	 	 
	 	 
	Name of Registered Holder	 
	 	 	 	 	 
	By:	             	 
	 	 	 
	 	Name:
	 	Title:
	 
	 	Tax ID:	                                                         	 
	 	 
	E-mail Address:	                  	

 

    54

     

    

 

EXHIBIT II

 

ACKNOWLEDGMENT

 

The Company hereby (a) acknowledges
this Conversion Notice, (b) certifies that the above indicated number of shares of Common Stock [are][are not] eligible to be resold
by the Holder either (i) pursuant to Rule 144 (subject to the Holder’s execution and delivery to the Company of a customary
144 representation letter) or (ii) an effective and available registration statement and (c) hereby directs _________________
to issue the above indicated number of shares of Common Stock in accordance with the Transfer Agent Instructions dated _____________,
20__ from the Company and acknowledged and agreed to by ________________________.

 

	 	RENOVARE ENVIRONMENTAL, INC.
	 	 	 
		By:	 
	 	 	Name: 
	 	 	Title:

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