Common use of Disclosure of Transaction Clause in Contracts

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after the Closing but in no event later than four (4) business days after the Closing has been consummated. The Company shall also file with the Commission a Current Report on Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form of Note, the form of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four (4) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “Trading Day” means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the ““ Press ReleaseRelease ”) as soon as practicable after the Closing but in no event later than four (4) business days after the Closing has been consummated. The Company shall also file with the Commission a Current Report on Form 8-K (the ““ Form 8-KK ”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form of Note, the form of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four (4) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. ““ Trading DayDay ” means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “"Press Release”") as soon as practicable after the Closing but in no event later than four (4) business days after 9:00 A.M. Eastern Time on the Closing has been consummatedfirst Trading Day following the Closing. The Company shall also file with the Commission a Current Report on Form 8-K (the “"Form 8-K”") describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form Registration Rights Agreement, the Certificate of NoteDesignation, the Lock-Up Agreement, the form of each series of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four (4) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “"Trading Day” " means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after the Closing but in no event later than four (4) business days after 9:00 A.M. Eastern Time on the first Trading Day following the Closing has been consummatedDate. The Company shall also file with the Commission a Current Report on Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form Registration Rights Agreement, the Certificate of NoteDesignation, the Lock-Up Agreement, the form of each series of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four two (42) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “"Trading Day” " means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after the Closing but in no event later than four (4) business days after 9:00 A.M. Eastern Time on the Closing has been consummatedfirst Trading Day following the Closing. The Company shall also file with the Commission a Current Report on Commission, the Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby and by the Share Exchange Agreement (and attaching as exhibits thereto this Agreement, the Registration Rights Agreement, the Escrow Agreement, form of NoteWarrant, the form of Warrant and the Press Release, the Share Exchange Agreement and each of the Restructuring Agreements) as soon as practicable following the Closing Date but in no event more than four (4) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “Trading Day” means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after the Closing but in no event later than four 9:00 a.m. New York time on the first Trading Day (4as defined below) business days after following the Closing has been consummatedDate. The Company shall also file with the Commission a Current Report on Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form Certificate of NoteDesignation, the form of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more later than four (4) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “Trading Day” means any day during which the OTC Bulletin Board OTCBB (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “"Press Release”") as soon as practicable after on the Closing day of the initial closing hereunder but in no event later than four 9:00 A.M. Eastern Time on the first Trading Day (4as defined below) business days after following the Closing has been consummatedDate (as defined in Section 5(a)(i)). The Company shall also file with the Commission a Current Report on Form 8-K (the “"Form 8-K”") describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form of Note, the form each series of Warrant and the Press Release) as soon as practicable following the Closing Date under this Agreement but in no event more than four two (42) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasersto Investor. “"Trading Day” " means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) traded shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after the Closing but in no event later than four (4) business days after 9:00 A.M. Eastern Time on the Closing has been consummatedfirst Trading Day following the Closing. The Company shall also file with the Commission a Current Report on Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form Registration Rights Agreement, the Certificate of NoteDesignation, the form of each series of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four three (43) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “"Trading Day” " means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after on the Closing day of the initial closing hereunder but in no event later than four 9:00 A.M. Eastern Time on the first Trading Day (4as defined below) business days after following the Closing has been consummatedDate (as defined in Section 5(a)(i)). The Company shall also file with the Commission a Current Report on Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form of Note, the form each series of Warrant and the Press Release) as soon as practicable following the Closing Date under this Agreement but in no event more than four two (42) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasersto Investor. “Trading Day” means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) traded shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “"Press Release”") as soon as practicable after the Closing but in no event later than four (4) business days after 9:00 A.M. Eastern Time on the Closing has been consummatedfirst Trading Day following such Closing. The Company shall also file with the Commission a Current Report on Form 8-K (the “"Form 8-K”") describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form Registration Rights Agreement, the Certificate of NoteDesignation, the Lock-Up Agreement, the form of each series of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four (4) Trading Days Day following the such Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “"Trading Day” " means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after the Closing but in no event later than four (4) 4 business days after the Closing has been consummated. The Company shall also file with the Commission a Current Report on Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form of NoteRegistration Rights Agreement, the Security Agreement, the form of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four (4) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “Trading Day” means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “"Press Release”") as soon as practicable after the Closing but in no event later than four (4) business days after 9:00 A.M. Eastern Time on the Closing has been consummatedfirst Trading Day following the Closing. The Company shall also file with the Commission a Current Report on Form 8-K (the “"Form 8-K”") describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form Registration Rights Agreement, the Certificate of NoteDesignation, the Lock-Up Agreement, the form of each series of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four two (42) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “"Trading Day” " means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after the Closing but in no event later than four (4) business days 24 hours after the Closing has been consummated. The Company shall also file with the Commission a Current Report on Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form of NoteRegistration Rights Agreement, the form of Certificate of Designation, the Lock-Up Agreement, the form of each series of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four (4) Trading Days following the Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “Trading Day” means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.

Disclosure of Transaction. The Company shall issue a press release describing the material terms of the transactions contemplated hereby (the “Press Release”) as soon as practicable after the first Closing but in no event later than four (4) business days after 9:00 A.M. Eastern Time on the Closing has been consummatedthird Trading Day following the Closing. The Company shall also file with the Commission a Current Report on Form 8-K (the “Form 8-K”) describing the material terms of the transactions contemplated hereby (and attaching as exhibits thereto this Agreement, the form Registration Rights Agreement, the Certificate of NoteDesignation, the Securities Escrow Agreement, the form of Warrant and the Press Release) as soon as practicable following the Closing Date but in no event more than four (4) Trading Days following the first Closing Date, which Press Release and Form 8-K shall be subject to prior review and comment by counsel for the Purchasers. “Trading Day” means any day during which the OTC Bulletin Board (or other quotation venue or principal exchange on which the Common Stock is traded) shall be open for trading.