Document:

Exhibit

Exhibit 4.13

SECOND AMENDMENT TO RECEIVABLES PURCHASE AGREEMENT
This SECOND AMENDMENT (this “Amendment”), dated as of June 3, 2019, is among TXU ENERGY RECEIVABLES COMPANY LLC, a Delaware limited liability company, as seller (the “Seller”), TXU ENERGY RETAIL COMPANY LLC, a Texas limited liability company (“TXU”), as servicer (in such capacity, together with its successors and permitted assigns in such capacity, the “Servicer”), CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, a national banking association (“CACIB”), as Administrator (in such capacity, together with its successors and permitted assigns in such capacity, the “Administrator”), the PURCHASERS and PURCHASER AGENTS from time to time party to the Agreement (as defined below) and VISTRA OPERATIONS COMPANY LLC, a Delaware limited liability company (“Vistra”), as Performance Guarantor.  Capitalized terms used but not otherwise defined herein have the respective meanings assigned thereto in the Agreement (as defined below).
R E C I T A L S
WHEREAS, the parties hereto are parties to the Receivables Purchase Agreement, dated as of August 21, 2018 (as amended, restated, supplemented or otherwise modified through the date hereof, the “Agreement”).
WHEREAS, the parties hereto desire to amend the Agreement as hereinafter set forth.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
A G R E E M E N T
SECTION 1. Amendments to the Agreement. The Agreement is hereby amended as follows:
(a)    Section 4.3(a) of the Agreement is amended and restated in its entirety as follows:
(a)    On or prior to the Closing Date, the Seller shall have delivered to the Administrator a Lock-Box Agreement in respect of each Collection Account and the Concentration Account identified on Schedule II as of the Closing Date and delivered an original counterpart thereof to the Administrator.  The Lock-Box Agreements for the Collection Accounts and the Concentration Account shall provide the Administrator with “control” within the meaning of Section 9-104 of the UCC over such Collection Accounts and Concentration Account.  The Lock-Box Banks for the Collection Accounts (other than any Collection Account receiving Collections (either directly or by transfer directly from a related Lock-Box) on a Receivable originated by Dynegy Energy Services, LLC or Dynegy Energy Services (East), LLC) shall be directed by the Servicer to sweep all available funds therein on a daily basis to the Concentration 

Account.  The Seller shall not, and shall not permit any other Person to, attempt to terminate such automatic sweep feature or attempt to close the Concentration Account or any Collection Account unless the Collections directed to such Collection Account are redirected to another Collection Account subject to a Lock-Box Agreement. Notwithstanding the foregoing requirements of this Section 4.3(a), until June 28, 2019 (the “Collection Account Grace Period End Date”), Collections on Receivables originated by Dynegy Energy Services, LLC may be received into the Dynegy Account but only so long as all available Collections in such accounts are swept on a daily basis to the Concentration Account.
SECTION 2.     Conditions to Effectiveness.
This Amendment shall become effective as of the date hereof, provided that neither the Facility Termination Date nor a Termination Event or Unmatured Termination Event has occurred and subject to (i) the payment of any fees, costs and expenses due and payable to each Purchaser Agent under the Fee Letter and (ii) the condition precedent that the Administrator shall have received each of the following, each duly executed and dated as of the date hereof (or such other date satisfactory to the Administrator), in form and substance satisfactory to the Administrator:
(a)    counterparts of this Amendment (whether by facsimile or otherwise) executed by each of the parties hereto; and
(b)    such other documents, agreements, certificates, opinions and instruments as the Administrator may reasonably request prior to delivery by Administrator of an executed counterpart of this Amendment.
SECTION 3.     Representations and Warranties.
Each of the Seller and the Servicer, as applicable, hereby represents and warrants to each Purchaser, each Purchaser Agent and the Administrator as follows:
(a)    Representations and Warranties.  The representations and warranties contained in Exhibit III of the Agreement are true and correct as of the date hereof (unless stated to relate solely to an earlier date, in which case such representations or warranties were true and correct as of such earlier date).
(b)    Enforceability.  The execution and delivery by each of the Seller and the Servicer of this Amendment, and the performance of each of its obligations under this Amendment and the Agreement, as amended hereby, are within each of its organizational powers and have been duly authorized by all necessary action on each of its parts.  This Amendment and the Agreement, as amended hereby, are each of the Seller’s and the Servicer’s valid and legally binding obligations, enforceable in accordance with its terms.
(c)    No Default.  Immediately after giving effect to this Amendment and the transactions contemplated hereby, no Termination Event or Unmatured Termination Event exists or shall exist and the Purchased Interest shall not exceed 100%.

SECTION 4.     Effect of Amendment; Ratification.  Except as specifically amended hereby, the Agreement is hereby ratified and confirmed in all respects, and all of its provisions shall remain in full force and effect.  After this Amendment becomes effective, all references in the Agreement (or in any other Transaction Document) to “the Receivables Purchase Agreement”, “this Agreement”, “hereof”, “herein”, or words of similar effect, in each case referring to the Agreement, shall be deemed to be references to the Agreement as amended hereby.  This Amendment shall not be deemed to expressly or impliedly waive, amend, or supplement any provision of the Agreement other than as specifically set forth herein.
SECTION 5.     Reaffirmation of Performance Guaranty.  After giving effect to this Amendment and each of the other transactions contemplated hereby, all of the provisions of the Performance Guaranty shall remain in full force and effect and Vistra hereby ratifies and affirms the Performance Guaranty and acknowledges that the Performance Guaranty has continued and shall continue in full force and effect in accordance with its terms.
SECTION 6.     Counterparts.  This Amendment may be executed in any number of counterparts (including in PDF or similar electronic format by facsimile or e-mail transmission), each of which, when so executed, shall be deemed to be an original, and all of which, when taken together, shall constitute one and the same agreement.
SECTION 7.     Governing Law.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (WITHOUT REFERENCE TO ITS CONFLICTS OF LAW PROVISIONS (OTHER THAN §5-1401 AND §5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW, WHICH SHALL APPLY HERETO).
SECTION 8.     Section Headings.  The various headings of this Amendment are inserted for convenience only and shall not affect the meaning or interpretation of this Amendment or the Agreement or any provision hereof or thereof.
SECTION 9.  Successors and Assigns.  This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns.
SECTION 10.  Severability.  If any one or more of the agreements, provisions or terms of this Amendment shall for any reason whatsoever be held invalid or unenforceable, then such agreements, provisions or terms shall be deemed severable from the remaining agreements, provisions and terms of this Amendment and shall in no way affect the validity or enforceability of the provisions of this Amendment or the Agreement.
[SIGNATURE PAGES FOLLOW] 

IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
TXU ENERGY RECEIVABLES COMPANY LLC,
as Seller 

By: /s/ Kristopher E. Moldovan_________ 
Name: Kristopher E. Moldovan 
Title: Senior Vice President and Treasurer

TXU ENERGY RETAIL COMPANY LLC, in its individual capacity and as Servicer 

By: /s/ Kristopher E. Moldovan_________ 
Name: Kristopher E. Moldovan 
Title: Senior Vice President and Treasurer

VISTRA OPERATIONS COMPANY LLC, as Performance Guarantor

By: /s/ Kristopher E. Moldovan_________ 
Name: Kristopher E. Moldovan 
Title: Senior Vice President and Treasurer

[Signature Page to Second Amendment to RPA] 

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as Administrator

By: /s/ Michael Regan_________________
Name: Michael Regan
Title: Managing Director

By: /s/ Roger Klepper__________________
Name: Roger Klepper
Title: Managing Director

[Signature Page to Second Amendment to RPA] 

CACIB PURCHASER GROUP:

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as Purchaser Agent 

By: /s/ Michael Regan_________________
Name: Michael Regan
Title: Managing Director

By: /s/ Roger Klepper__________________
Name: Roger Klepper
Title: Managing Director

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as Committed Purchaser 

By: /s/ Michael Regan_________________
Name: Michael Regan
Title: Managing Director

By: /s/ Roger Klepper__________________
Name: Roger Klepper
Title: Managing Director

ATLANTIC ASSET SECURITIZATION LLC, 
as Conduit Purchaser

By: /s/ Michael Regan_________________
Name: Michael Regan
Title: Managing Director

By: /s/ Roger Klepper__________________
Name: Roger Klepper
Title: Managing Director

[Signature Page to Second Amendment to RPA] 

RBC PURCHASER GROUP:

ROYAL BANK OF CANADA, as Purchaser Agent 

By: /s/ Veronica L. Gallagher______________
Name: Veronica L. Gallagher 
Title: Authorized Signatory 

ROYAL BANK OF CANADA, as Committed Purchaser 

By: /s/ Veronica L. Gallagher______________
Name: Veronica L. Gallagher 
Title: Authorized Signatory 

By: /s/ Stephen A. Kuklinski______________
Name: Stephen A. Kuklinski 
Title: Authorized Signatory 

THUNDER BAY FUNDING, LLC, 
as Conduit Purchaser

By: /s/ Veronica L. Gallagher______________
Name: Veronica L. Gallagher 
Title: Authorized Signatory 

[Signature Page to Second Amendment to RPA]Exhibit
4.2

 

THIS
WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE “SECURITIES ACT”), OR QUALIFIED UNDER ANY STATE OR FOREIGN SECURITIES LAWS AND (I) THIS WARRANT
MAY NOT BE OFFERED FOR SALE, SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED OR ASSIGNED OTHER THAN BY WILL OR THE LAWS OF
DESCENT AND DISTRIBUTION UPON THE DEATH OF THE HOLDER, AND (II) THE SECURITIES ISSUABLE UPON SUCH EXERCISE MAY NOT BE OFFERED
FOR SALE, SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED OR ASSIGNED UNLESS (A) A REGISTRATION STATEMENT COVERING SUCH SHARES
IS EFFECTIVE UNDER THE SECURITIES ACT AND IS QUALIFIED UNDER APPLICABLE STATE AND FOREIGN LAW OR (B) THE TRANSACTION IS EXEMPT
FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS UNDER THE SECURITIES ACT AND THE QUALIFICATION REQUIREMENTS UNDER APPLICABLE
STATE AND FOREIGN LAW AND, IF THE COMPANY REQUESTS, AN OPINION SATISFACTORY TO THE COMPANY TO SUCH EFFECT HAS BEEN RENDERED BY
COUNSEL ACCEPTABLE TO THE COMPANY.

 

NONETHELESS,
THIS WARRANT MAY NOT BE EXERCISED BY OR ON BEHALF OF ANY U.S. PERSON UNLESS REGISTERED UNDER THE SECURITIES ACT OR AN EXEMPTION
FROM SUCH REGISTRATION IS AVAILABLE. EACH PERSON EXERCISING A WARRANT IS REQUIRED TO GIVE: (A) WRITTEN CERTIFICATION THAT IT IS
NOT A U.S. PERSON AND THE WARRANT IS NOT BEING EXERCISED ON BEHALF OF A U.S. PERSON; OR (B) A WRITTEN OPINION OF COUNSEL ACCEPTABLE
TO THE COMPANY TO THE EFFECT THAT THE WARRANT AND THE SECURITIES DELIVERED UPON EXERCISE THEREOF HAVE BEEN REGISTERED UNDER THE
SECURITIES ACT OR ARE EXEMPT FROM REGISTRATION THEREUNDER.

 

WARRANT
TO PURCHASE COMMON STOCK OF

GLUCOSE
BIOSENSOR SYSTEMS (GREATER CHINA) HOLDINGS, INC.

 

	Certificate
    No.:	 	Original
    Issue Date:
	Number
    of Warrant Shares:	 	Expiration
    Date:

 

FOR
VALUE RECEIVED, Glucose Biosensor Systems (Greater China) Holdings, Inc., a Delaware corporation (the
“Company”), hereby certifies that
[               ]
[,         
a ________], or its registered assigns (the
“Holder”), is entitled to purchase from the Company one duly authorized, validly issued, fully paid
and non-assessable share (the “Warrant Share”) of the Company’s common stock, par value $0.01
per share (the “Common Stock”), at a purchase price equal to the Qualified IPO Price, all subject
to the terms, conditions, and adjustments set forth below in this Warrant. For purposes hereof, “Qualified IPO
Price” means the price per share at which the Qualified IPO is sold to investors and “Qualified
IPO” means the Company’s first registered offering of its Common Stock declared effective on Form
S-1 or qualified on Form 1-A by the United States Securities and Exchange Commission under the Securities Act of 1933, as
amended (the “Securities Act”).

 

    	 	 	 

    	 

    

 

1.
Exercise Period of Warrant. Subject to the terms and conditions hereof, at any time or from time to time after the
second anniversary of the date on which the Company first completes a Qualified IPO (as defined below) and prior to 5:00 p.m.,
Eastern Standard Time on the third anniversary of such first completion, or if such day is not a business day, on the next preceding
business day (the “Exercise Period”), the Holder of this Warrant may exercise this Warrant for all or
any part of the Warrant Shares purchasable hereunder. For purposes of clarity, this Warrant shall terminate and shall no longer
be exercisable to the extent this Warrant is not exercised prior to the end of the Exercise Period.

 

2.
Exercise of Warrant. This Warrant may be exercised by the Holder during the Exercise Period only if and to the extent
that such Holder, for at least the five business days immediately prior to any exercise hereof, owns (“Prior Ownership”)
directly and solely, free and clear without any encumbrances of any kind whatsoever, at least such number of shares of Common
Stock as the number of Warrant Shares for which the Warrant is exercisable. The Holder may exercise this Warrant by delivering
the original of this Warrant to the Company together with (a) an Exercise Agreement in the form attached hereto as Exhibit
A (each, an “Exercise Agreement”), duly completed (including specifying the number of Warrant Shares
to be purchased) and executed, and a certified or official bank check payable to the order of the Company or wire transfer of
immediately available funds to an account designated in writing by the Company, for the aggregate Exercise Price for the Warrant
Shares being purchased, including the certification therein attesting to the Prior Ownership, and (b) a brokers statement from
a registered broker or other form of proof of ownership satisfactory to the Company in its sole discretion indicating Prior Ownership
(such as ownership on the books or registry of stock ownership maintained by the Company or the Company’s agent). Nonetheless,
this Warrant may not be exercised by or on behalf of any U.S. person and each person exercising this Warrant is required to give
written certification to that effect or a written opinion of counsel acceptable to the Company to the effect that the applicable
Warrant Shares have been registered under the Securities Act or are exempt from registration thereunder. Further, this Warrant
may not be exercised within the United States and the applicable Warrant Shares may not be delivered therein, other than in offerings
deemed to meet the definition of “offshore transaction” pursuant to Regulation S, unless registered under the Securities
Act or an exemption from such registration is available.

 

3.
Fair Market Value. For purposes of Section 4, the fair market value of a Warrant Share shall be determined
in good faith by the board of directors of the Company.

 

4.
Fractional Shares. No fractional Share shall be issuable upon exercise of this Warrant and the number of Warrant
Shares to be issued shall be rounded down to the nearest whole Warrant Share. If a fractional Warrant Share interest arises upon
any exercise of the Warrant, the Company shall eliminate such fractional Warrant Share interest by paying Holder in cash the amount
computed by multiplying the fractional interest by (a) the fair market value (as determined in accordance with Section 3
above) of a full Warrant Share, less (b) the Exercise Price.

 

    	 	 	 

    	 

    

 

5.
Delivery of Stock Certificates and New Warrant. Within a reasonable time after Holder exercises this Warrant, the
Company shall deliver to Holder a certificate representing the Warrant Shares issued to Holder upon such exercise and, if this
Warrant has not been fully exercised and has not expired, a new warrant of like tenor representing the Warrant Shares not so acquired.

 

6.
Replacement of Warrant. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction,
or mutilation of this Warrant and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably
satisfactory in form, substance, and amount to the Company or, in the case of mutilation, on surrender of this Warrant to the
Company for cancellation, the Company shall, within a reasonable time, execute and deliver to Holder, in lieu of this Warrant,
a new warrant of like tenor and amount.

 

7.
Representations and Covenants of the Company.

 

(a)
Representations and Warranties. The Company represents and warrants to, and agrees with, the Holder as follows:

 

(i)
This Warrant is, and any Warrant issued in substitution for or replacement of this Warrant shall be, upon issuance, duly authorized
and validly issued.

 

(ii)
All Warrant Shares issuable upon the exercise of this Warrant pursuant to the terms hereof shall be, upon issuance, and the Company
shall take all such actions as may be necessary or appropriate in order that such Warrant Shares are, validly issued, fully paid,
and non-assessable, issued without violation of any preemptive or similar rights of any stockholder of the Company and free and
clear of all taxes, liens and charges.

 

(iii)
The Company shall use its reasonable best efforts that all such Warrant Shares are issued without violation by the Company of
any applicable law or governmental regulation or any requirements of any domestic securities exchange upon which shares of Common
Stock or other securities constituting Warrant Shares may be listed at the time of such exercise (except for official notice of
issuance which shall be immediately delivered by the Company upon each such issuance).

 

(iv)
The Company shall pay all expenses in connection with, and all taxes and other governmental charges that may be imposed with respect
to, the issuance or delivery of Warrant Shares upon exercise of this Warrant; provided, that the Company shall not be required
to pay any tax (including income tax or otherwise) or governmental charge that may be imposed with respect to any applicable withholding
or the issuance or delivery of the Warrant Shares to any person other than the Holder, and no such issuance or delivery shall
be made unless and until the person requesting such issuance has paid to the Company the amount of any such tax, or has established
to the satisfaction of the Company that such tax has been paid.

 

    	 	 	 

    	 

    

 

(b)
Reservation of Shares. During the Term, the Company shall at all times reserve and keep available out of its authorized
but unissued Common Stock or other securities constituting Warrant Shares, solely for the purpose of issuance upon the exercise
of this Warrant, the maximum number of Warrant Shares issuable upon the exercise of this Warrant, and the par value per Warrant
Share shall at all times be less than or equal to the applicable Exercise Price.

 

8.
Representations and Covenants of the Holder.

 

(a)
Purchase for Own Account. This Warrant and the securities to be acquired upon exercise of this Warrant by Holder are being
acquired for investment for Holder’s account, not as a nominee or agent, and not with a view to the public resale or distribution
within the meaning of the Securities Act. Holder also represents that it has not been formed for the specific purpose of acquiring
this Warrant or the Warrant Shares.

 

(b)
Disclosure of Information. Holder is aware of the Company’s business affairs and financial condition and has received
or has had full access to all the information it considers necessary or appropriate to make an informed investment decision with
respect to the acquisition of this Warrant and its underlying securities. Holder further has had an opportunity to ask questions
and receive answers from the Company regarding the terms and conditions of the offering of this Warrant and its underlying securities
and to obtain additional information (to the extent the Company possessed such information or could acquire it without unreasonable
effort or expense) necessary to verify any information furnished to Holder or to which Holder has access.

 

(c)
Investment Experience. Holder understands that the purchase of this Warrant and its underlying securities involves substantial
risk. Holder has experience as an investor in securities of companies in the development stage and acknowledges that Holder can
bear the economic risk of such Holder’s investment in this Warrant and its underlying securities and has such knowledge
and experience in financial or business matters that Holder is capable of evaluating the merits and risks of its investment in
this Warrant and its underlying securities and/or has a preexisting personal or business relationship with the Company and certain
of its officers, directors or controlling persons of a nature and duration that enables Holder to be aware of the character, business
acumen and financial circumstances of such persons.

 

(d)
Accredited Investor Status. Holder is an “accredited investor” within the meaning of Regulation D promulgated
under the Securities Act.

 

(e)
The Securities Act. Holder understands that this Warrant and the Warrant Shares issuable upon exercise hereof have not
been registered under the Securities Act in reliance upon a specific exemption therefrom, which exemption may depend upon, among
other things, the bona fide nature of the Holder’s investment intent as expressed herein. Holder understands that this Warrant
and the Warrant Shares issued upon any exercise hereof (and the securities issuable, directly or indirectly, upon conversion of
the Warrant Shares, if any) must be held indefinitely unless subsequently registered under the Securities Act and qualified under
applicable state securities laws, or unless exemption from such registration and qualification are otherwise available. Holder
is aware of the provisions of Rule 144 promulgated under the Securities Act.

 

    	 	 	 

    	 

    

 

(f)
No Voting Rights. Holder, as a Holder of this Warrant, will not have any voting rights until the exercise of this Warrant.

 

9.
Market Stand-off Agreement. Holder hereby agrees not to sell, transfer, make any short sale of, grant any option
for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a sale of, any Common Stock
(or other securities) of the Company held by Holder for a period specified by the Company not to exceed 180 days following the
applicable effective date or qualification date of a registration statement of the Company filed under the Securities Act.

 

10.
No Rights as Stockholder. This Warrant shall not by itself entitle the Holder to any voting rights or any other
rights as a stockholder of the Company or to any other rights whatsoever except the rights stated herein.

 

11.
Legend. This Warrant and all Warrant Shares issued upon exercise of this Warrant (unless registered under the Securities
Act) shall be stamped or imprinted with a legend in substantially the following form:

 

“THIS
WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED (THE “SECURITIES ACT”), OR QUALIFIED UNDER ANY STATE OR FOREIGN SECURITIES LAWS AND (I) THIS
WARRANT MAY NOT BE OFFERED FOR SALE, SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED OR ASSIGNED OTHER THAN BY WILL OR
THE LAWS OF DESCENT AND DISTRIBUTION UPON THE DEATH OF THE HOLDER, AND (II) THE SECURITIES ISSUABLE UPON SUCH EXERCISE MAY
NOT BE OFFERED FOR SALE, SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED OR ASSIGNED UNLESS (A) A REGISTRATION STATEMENT
COVERING SUCH SHARES IS EFFECTIVE UNDER THE SECURITIES ACT AND IS QUALIFIED UNDER APPLICABLE STATE AND FOREIGN LAW OR (B) THE
TRANSACTION IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS UNDER THE SECURITIES ACT AND THE
QUALIFICATION REQUIREMENTS UNDER APPLICABLE STATE AND FOREIGN LAW AND, IF THE COMPANY REQUESTS, AN OPINION SATISFACTORY TO
THE COMPANY TO SUCH EFFECT HAS BEEN RENDERED BY COUNSEL ACCEPTABLE TO THE COMPANY.”

 

12.
Compliance with the Securities Act. In any event subject to Section 13, this Warrant and the Warrant Shares issuable
upon exercise of this Warrant may not be transferred or assigned in whole or in part except in compliance with (a) applicable
federal and state securities laws by the transferor and the transferee (including, without limitation, the delivery of investment
representation letters and legal opinions reasonably satisfactory to the Company, as reasonably requested by the Company) and
(b) with respect to the Warrant Shares, any and all stockholders’ agreements, voting agreements, right of first refusal
and co-sale agreements, investors’ rights agreement and similar agreements of the Company, if any.

 

 

    	 	 	 

    	 

    

 

13.
Transfer of Warrant. The Warrants are not transferrable or assignable other than by will or the laws of descent
and distribution upon the death of the Holder.

 

14.
No Third-Party Beneficiaries. This Warrant is for the sole benefit of the Company and the Holder and their
respective successors and assigns as expressly permitted hereunder and nothing herein, express or implied, is intended to or shall
confer upon any other person any legal or equitable right, benefit or remedy of any nature whatsoever, under or by reason of this
Warrant.

 

15.
Headings. The headings in this Warrant are for reference only and shall not affect the interpretation of this Warrant.

 

16.
Successor and Assigns. This Warrant and the rights evidenced hereby shall be binding upon and shall inure to the
benefit of the parties hereto and the successors of the Company and the successors and assigns of the Holder as expressly permitted
hereunder. Such permitted successors and assigns of the Holder shall be deemed to be a Holder for all purposes hereunder.

 

17.
Governing Law. This Note and all acts and transactions pursuant hereto and the rights and obligations of the parties
hereto shall be governed, construed and interpreted in accordance with the laws of the State of Delaware, without giving effect
to principles of conflicts of law.

 

18.
Notices. All notices and other communications given or made pursuant to this Note shall be in writing and shall
be deemed effectively given upon the earlier of actual receipt, or (a) personal delivery to the party to be notified, (b) when
sent, if sent by electronic mail or facsimile during normal business hours of the recipient, and if not sent during normal business
hours, then on the recipient’s next business day, (c) five (5) days after having been sent by registered or certified mail,
return receipt requested, postage prepaid, or (d) one (1) business day after deposit with a nationally recognized overnight courier,
freight prepaid, specifying next business day delivery, with written verification of receipt. All communications shall be sent
to the respective parties at their address as set forth on such party’s signature page, or to such e-mail address, facsimile
number or address as subsequently modified by written notice given in accordance with this Section 18.

 

19.
Severability. If any term or provision of this Warrant is invalid, illegal or unenforceable in any jurisdiction,
such invalidity, illegality or unenforceability shall not affect any other term or provision of this Warrant or invalidate or
render unenforceable such term or provision in any other jurisdiction.

 

20.
Amendments and Waivers. Except as otherwise provided herein, any term of this Warrant may be amended or waived only
with the written consent of the Company and the Requisite Holders, as defined below, provided, however, that if
any amendment operates in a manner that treats any Holder different from other Holders, the consent of such Holder shall also
be required for such amendment. Any amendment or waiver given effect in accordance with this Section 20 shall be binding
upon the Company, the Holder and each transferee of the Warrant. No waiver by any party shall operate or be construed as a waiver
in respect of any failure, breach or default not expressly identified by such written waiver, whether of a similar or different
character, and whether occurring before or after that waiver. No failure to exercise, or delay in exercising, any rights, remedy,
power or privilege arising from this Warrant shall operate or be construed as a waiver thereof; nor shall any single or partial
exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of
any other right, remedy, power or privilege.

 

21.
State Securities Law. THE SALE OF THE SECURITIES WHICH ARE THE SUBJECT OF THIS NOTE HAS NOT BEEN QUALIFIED AND APPROVED
AS REQUIRED WITH ANY STATE OR OTHER JURISDICTIONS IN THE UNITED STATES AND THE ISSUANCE OF SUCH SECURITIES OR THE PAYMENT OR RECEIPT
OF ANY PART OF THE CONSIDERATION THEREFOR PRIOR TO THE QUALIFICATION AND APPROVAL IS UNLAWFUL UNLESS THE SALE OF SECURITIES IS
EXEMPT FROM THE RULES, LAWS AND OBLIGATIONS OF ANY SUCH JURISDICTION. THE RIGHTS OF ALL PARTIES TO THIS NOTE ARE EXPRESSLY CONDITIONED
UPON SUCH QUALIFICATION AND APPROVAL BEING OBTAINED, UNLESS THE SALE IS SO EXEMPT.

 

22.
Counterparts; Facsimile. This Warrant may be executed in two counterparts, each of which shall be deemed an original,
but both of which together shall constitute one and the same instrument. Counterparts may be delivered via facsimile, electronic
mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com)
or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid
and effective for all purposes.

 

    	 	 	 

    	 

    

 

IN
WITNESS WHEREOF, the Company has duly executed this Warrant on the Original Issue Date.

 

	 	COMPANY
	 	GLUCOSE
    BIOSENSOR SYSTEMS (GREATER CHINA) HOLDINGS, INC.
	 	 	 
	 	By:	                  
	 	Name:	 
	 	Title:	 
	 	Address:
	 	 
	 	Facsimile:
	 	 
	 	E-mail
Address:

 

Accepted
and agreed,

 

	[HOLDER NAME]	 
	 	 	 
	By:	          	 
	Name:		 
	Title:	 	 
	Address:	 
	 	 
	Facsimile:	 
	 	 
	E-mail
Address:	 

 

    	 	 	 

    	 

    

 

EXHIBIT
A

FORM
OF EXERCISE AGREEMENT

See
attached.

 

    	 	 	 

    	 

    

 

EXERCISE
AGREEMENT

 

To:
GLUCOSE BIOSENSOR SYSTEMS (GREATER CHINA) HOLDINGS, INC.

 

The
undersigned hereby elects to Purchase ________ shares of Common Stock of Glucose Biosensor Systems (Greater China) Holdings, Inc.
(the “Company”) pursuant to the terms of the attached Warrant and payment of the Exercise Price per share required
under such Warrant accompanies this notice. Capitalized terms used herein have the meanings assigned to them in the Warrant.

 

The
undersigned hereby represents and warrants that the undersigned (i) is acquiring such shares for its own account for investment
purposes only, and not for resale or with a view to distribution of such shares or any part of such shares, and (ii) is not a
“U.S. Person” as such term is defined in Regulation S under the Securities Act of 1933, as amended (the “Securities
Act”), or has provided a written opinion of counsel acceptable to the Company to the effect that this Warrant and the applicable
shares have been registered under the Securities Act or are exempt from registration thereunder.

 

The
undersigned further represents and warrants that for at least the five business days immediately prior to the date hereof, he,
she or it owns directly and solely, free and clear without any encumbrances of any kind whatsoever, at least such number of shares
of Common Stock as the number of Warrant Shares for which this exercise is being made.

 

Attached
hereto is the broker’s statement or other proof of Prior Ownership as contemplated by Section 2(b) of the Warrant, which
the undersigned hereby certifies is true, complete and correct, unless the following box is checked indicating that such Prior
Ownership is shown on the books or registry of stock ownership maintained by the Company or its agent.

 

	 	 	 	HOLDER:
	 	 	 	 
	 	 	 	[Name]
	 	 	 	 
	 	 	 	Address:
	 	 	 	 
	Date:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00298-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00298-of-00352.parquet"}]]