Extract to table

33%) of the aggregate Fifteen Million Dollar ($15,000,000) credit facility, to the Company on the terms and conditions set forth therein; WHEREAS, as an inducement for the Holder to enter into the Bridge Loan Agreement and to make such loan commitment available to the Company, the Company has agreed to issue this Warrant to the Holder as partial consideration therefor; WHEREAS, the Company desires to issue this Warrant to the Holder, and the Holder desires to accept this Warrant from the Company, on the terms and conditions set forth herein; and NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties hereto, and intending to be legally bound hereby, the Company and the Holder agree as follows: SECTION 1: DEFINITIONS As used in this Warrant, the following terms shall have the meanings set forth below

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Bridge Loan Agreement

"Expiration Date" means March 6, 2036, which is the date that is ten (10) years from the date of issuance of this Warrant; provided, however, that if such date is not a Business Day, the Expiration Date shall be the immediately preceding Business Day

Section 2(b): Exercise Price The per-share exercise price for each Warrant Share (the "Exercise Price") shall be the lesser of: (a) Two Dollars and Eighteen Cents ($2

If no Series C Equity Financing has closed prior to the applicable Exercise Date, the Exercise Price shall be Two Dollars and Eighteen Cents ($2

18, then the Exercise Price shall remain at $2