Extract to table

The transaction contemplated hereby will be documented through the negotiation, execution, and delivery of a definitive Note Purchase Agreement (the "NPA") and related transaction documents, the forms and substance of which shall be mutually satisfactory to the Company and the Purchasers

3 Aggregate Principal Amount The aggregate principal amount of the Notes to be issued and sold pursuant to this Term Sheet and the definitive NPA shall be $60,000,000 (sixty million dollars), allocated among the Purchasers as set forth in Section 1

4 Type of Security The securities to be issued in the transaction shall be convertible promissory notes of the Company, substantially in the form to be attached as an exhibit to the NPA

5 Interest Rate Each Note shall bear simple interest at a rate of 6

Interest shall accrue on the outstanding principal balance of each Note from the date of issuance and shall not be compounded at any time

No cash interest payments shall be due or payable prior to the Maturity Date or the earlier conversion or repayment of the Notes