Common use of Financial Covenant Required Actual Complies Clause in Contracts

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.50:1.0 ____:1.0 Yes No Tangible Net Worth (to be tested on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(b) of the Agreement. The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "No exceptions to note.") --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all timesas indicated: Minimum Adjusted Quick Ratio (to be tested on the last day of each monthmonthly) 1.50:1.0 1.25:1.00 _____:1.0 1.00 Yes No Tangible Profitability/Maximum Net Worth Loss (to be tested on the last day of each quarterquarterly) $* $________ Yes No *As set forth * See Section 6.9(b) Streamline Period Applies Adjusted Quick Ratio > 1.50:1.00 Streamline Period in Section 6.7(b) of the Agreement. Effect Yes No Adjusted Quick Ratio < 1.50:1.00 Streamline Period NOT in Effect Yes No The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "“No exceptions to note."”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION Astea International Inc., for itself and each other Borrower By: _________________________ Name: _______________________ Title: ________________________ BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.50:1.0 1.25:1.0 ____:1.0 Yes No Tangible Net Worth (to be tested on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(b) of the Agreement. The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "No exceptions to note.") --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain as indicated: Minimum Liquidity (monthly) [1.60] [1.75]:1.00 :1.00 Yes No Minimum EBITDA (quarterly, on a [T6M][T5M] basis) * $ Yes No Maximum Subsidiary Indebtedness (at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.50:1.0 <$1,000,000 $____:1.0 __ Yes No Tangible Net Worth (to be tested on the last day of each quarter) $EQUITY EVENT 2018 ** $________ Yes No *As set forth in See Section 6.7(b6.9(b)**See Section 6.9(d) of the Agreement. The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "“No exceptions to note."”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION SONIC FOUNDRY, INC.SONIC FOUNDRY MEDIA SYSTEMS, INC. By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: :Yes No

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.50:1.0 1.20:1.0 ____:1.0 Yes No Tangible Net Worth Maximum EBITDA Loss (to be tested reported on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(b6.7(c) of the Agreement. The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "“No exceptions to note."”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CHYRONHEGO CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all timesas indicated: Adjusted Quick Ratio Minimum Tangible Net Worth** (to be tested on the last day of each monthquarterly) 1.50:1.0 $____:1.0 Yes No Tangible Net Worth (to be tested on the last day of each quarter) ___ $* $________ Yes No Liquidity Ratio (at all times) *As set forth in ** Yes No ** See Section 6.7(b6.9(a) and Exhibit A of the Loan Agreement *** See Section 6.9(b) of the Agreement. Loan Agreement The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "“No exceptions to note."”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION STEREOTAXIS, INC. STEREOTAXIS INTERNATIONAL, INC. By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer AUTHORIZED SIGNER Date: _________________________ Verified: ________________________ authorized signer AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes NoNo Schedule 1 to Compliance Certificate

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.50:1.0 ____:1.0 Yes No Tangible Net Worth (to be tested on the last day of each quarter) $* Minimum Revenue See Schedule 1 $________ Yes No *As set forth in Section 6.7(b) Streamline Period Required Actual Complies Maintain: Liquidity ≥ $80,000,000.00 $_________ Yes No Other Matters Have there been any amendments of or other changes to the Agreement. The following financial covenant analyses capitalization table of Borrower and information set forth in Schedule 1 attached hereto are true and accurate as to the Operating Documents of the date Borrower or any of its Subsidiaries? If yes, provide copies of any such amendments or changes with this Compliance Certificate. Yes No The following are the exceptions with respect to the certification above: (If no exceptions exist, state "“No exceptions to note."”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK FLEXION THERAPEUTICS, INC. AGENT USE ONLY Received by: _____________________ authorized signer By: AUTHORIZED SIGNER Name: Title: Date: _________________________ Verified: ________________________ authorized signer AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.50:1.0 1.20:1.0 ____:1.0 Yes No Tangible Net Worth Maximum EBITDA Loss (to be tested reported on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(b6.7(c) of the Agreement. The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "“No exceptions to note."”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain Free Cash Flow (tested quarterly) * $ Yes No Liquidity (at all times: Adjusted Quick Ratio , certified monthly) $17,000,000 $ Yes No * See Section 6.7(a) The following Intellectual Property not previously disclosed to Bank was registered after the Effective Date (to be tested on the last day of each month) 1.50:1.0 if no registrations, state “None”): ____:1.0 Yes No Tangible Net Worth (to be tested on the last day of each quarter) $* $________________________________________________________________________ Yes No *As set forth in Section 6.7(b) of the Agreement. The following financial covenant analyses analysis and other financial information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "“No exceptions to note."”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON MATTERSIGHT CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ By: authorized signer Name: Date: Title: Verified: MATTERSIGHT EUROPE HOLDING CORPORATION authorized signer Date: _________________________ VerifiedBy: ________________________ authorized signer Date: _________________________ Compliance Status: Yes NoNo Name: Title: MATTERSIGHT INTERNATIONAL HOLDING, INC. By: Name: Title: