Common use of Amendment Rights Clause in Contracts

Amendment Rights. The Company may offer and sell SAFTs in multiple rounds and on different terms. If the company issues a Subsequent Agreement prior to the termination of this SAFT, the Company will provide the Investor with written notice thereof, copies of any documentation relating to such Subsequent Agreement, or any additional information related to such Subsequent Agreement, whether or not reasonably requested by the Investor. In the event the Investor determines that the economic terms of the Subsequent Agreement are preferable (“More Favorable Terms”) to the economic terms of this SAFT, the Investor will have the option to elect to receive the More Favorable Terms by written notification to the Company of such election within 30 days of the Investor’s receipt of notice of the Subsequent Agreement. Upon such timely election, the Company and Investor will amend and restate the economic terms of this SAFT and the Purchase Agreement to be identical to the economic terms contained in the instrument(s) evidencing the Subsequent Agreement.

Amendment Rights. The Company may offer and sell SAFTs in multiple rounds and on different terms. If the company Company issues a Subsequent Agreement prior to the termination of this SAFT, the Company will provide the Investor with written notice thereof, copies of any documentation relating to such Subsequent Agreement, or any additional information related to such Subsequent Agreement, whether or not reasonably requested by the Investor. In the event the Investor determines that the economic terms of the Subsequent Agreement are preferable (“More Favorable Terms”) to the economic terms of this SAFT, the Investor will have the option to elect to receive the More Favorable Terms by written notification to the Company of such election within 30 days of the Investor’s receipt of notice of the Subsequent Agreement. Upon such timely election, the Company and Investor will amend and restate the economic terms of this SAFT and the Purchase Agreement to be identical to the economic terms contained in the instrument(s) evidencing the Subsequent Agreement.