Extract to table

Pursuant to the proposed milestone schedule set forth in the DIP Credit Agreement, and consistent with the Debtor's operational needs, the Interim DIP Order must be entered by May 22, 2025, which is five business days from the Petition Date

The Debtor has accepted the financial covenants as proposed by the Lender Group, including: • Minimum Liquidity: The Debtor shall maintain minimum liquidity of not less than $15,000,000 at all times, measured as the sum of unrestricted cash and cash equivalents on hand in the DIP accounts plus available (undrawn) commitments under the DIP Facility; • Maximum Budget Variance: Actual aggregate disbursements shall not exceed budgeted aggregate disbursements by more than 15% on a rolling four-week basis, tested weekly as of the last business day of each calendar week; and • Minimum EBITDA: The Debtor shall not permit EBITDA (as defined in the DIP Credit Agreement) to be less than negative $5,000,000 for any rolling four-week period

Nothing in this letter or the enclosed Revised Draft shall be construed as a waiver of any privilege or protection