Common use of Redemption Right Upon Major Transaction Clause in Contracts

Redemption Right Upon Major Transaction. At any time during the period beginning after the Holder's receipt of a Major Transaction Notice and ending on the Trading Day immediately prior to the consummation of such Major Transaction, the Holder may require the Company to redeem all or any portion of the Holder's Warrant by delivering written notice thereof ("Major Transaction Redemption Notice") to the Company, which Major Transaction Redemption Notice shall indicate the number of Warrant Shares of its Warrant (the "Redemption Warrant Amount") that the Holder is electing to be redeemed. The portion of this Warrant subject to redemption pursuant to this Section 10(d) shall be redeemed by the Company in cash at a price equal to 100% of the greater of (i) the Black Scholes value (as defined below) of the remaining outstanding portion of the Warrant to be redeemed on the date the Major Transaction is consummated calculated using the Black Scholes Option Pricing Model and (ii) the Black-Scholes value of the remaining unexercised portion of this Warrant to be redeemed on the Trading Day immediately preceding the date that the Major Transaction Redemption Price (as defined below) is paid to the Holder (the greater of which is referred to as the "Major Transaction Redemption Price"). For purposes hereof, the "Black-Scholes" value of a Warrant shall be determined by use of the Black Scholes Option Pricing Model reflecting (A) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of such date of request and (B) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg.

Redemption Right Upon Major Transaction. At any time during the period beginning after the Holder's receipt of a Major Transaction Notice and ending on the Trading Day immediately prior to the consummation of such Major Transaction, the Holder may require the Company to redeem all or any portion of the Holder's ’s Warrant by delivering written notice thereof ("“Major Transaction Redemption Notice"”) to the Company, which Major Transaction Redemption Notice shall indicate the number of Warrant Shares of its Warrant (the "“Redemption Warrant Amount"”) that the Holder is electing to be redeemed. The portion of this Warrant subject to redemption pursuant to this Section 10(d) shall be redeemed by the Company in cash at a price equal to 100% of the greater of (i) the Black Scholes value (as defined below) of the remaining outstanding portion of the Warrant to be redeemed on the date the Major Transaction is consummated calculated using the Black Scholes Option Pricing Model and (ii) the Black-Scholes value of the remaining unexercised portion of this Warrant to be redeemed on the Trading Day immediately preceding the date that the Major Transaction Redemption Price (as defined below) is paid to the Holder (the greater of which is referred to as the "“Major Transaction Redemption Price"”). For purposes hereof, the "“Black-Scholes" ” value of a Warrant shall be determined by use of the Black Scholes Option Pricing Model reflecting (A) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of such date of request and (B) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg.

Redemption Right Upon Major Transaction. At any time during the period beginning after the Holder's receipt of a Major Transaction Notice and ending on the Trading Business Day immediately prior to the consummation of such Major Transaction, the Holder may require the Company or Allora, as applicable, to redeem all or any portion of the Holder's ’s Warrant by delivering written notice thereof ("“Major Transaction Redemption Notice"”) to the CompanyCompany or Allora, as applicable, which Major Transaction Redemption Notice shall indicate the number of Warrant Exercise Shares of its Warrant (the "“Redemption Warrant Amount"”) that the Holder is electing to be redeemed. The portion Redemption Principal Amount of this Warrant subject to redemption pursuant to this Section 10(d) shall be redeemed by the Company or Allora, as applicable, in cash at a price (the “Major Transaction Redemption Price”) equal to 100% the greater of: (i) the product of (A) the sum of the Redemption Warrant Amount being redeemed and any accrued and unpaid liquidated damages and any other Failure Payments (such amounts in addition to the Redemption Warrant Amount are referred to herein as the “Supplementary Amounts”), and (B) the quotient determined by dividing (x) the greater of (iI) the Black Scholes value Market Price (as defined belowin the Debentures) of the remaining outstanding portion shares of EPOD Stock or Allora Stock immediately following the Warrant to be redeemed on the date the public announcement of such proposed Major Transaction is consummated calculated using the Black Scholes Option Pricing Model Transaction, and (iiII) the Black-Scholes value of the remaining unexercised portion of this Warrant to be redeemed such Market Price on the Trading Day immediately preceding the date that the Major Transaction Redemption Price (as defined below) is paid to the Holder Holder, by (y) the greater Exercise Price then in effect; and (ii) the sum of which is referred to as (A) the "Major Transaction Redemption Price"). For purposes hereofPrice multiplied by the Redemption Warrant Amount being redeemed, the "Black-Scholes" value of a Warrant shall be determined by use of the Black Scholes Option Pricing Model reflecting (A) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of such date of request and plus (B) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on BloombergSupplementary Amounts.

Redemption Right Upon Major Transaction. At any time during the period beginning after the Holder's receipt of a Major Transaction Notice and ending on the Trading Day immediately prior to the consummation of such Major Transaction, the Holder may require the Company to redeem all or any portion of the Holder's ’s Warrant by delivering written notice thereof ("“Major Transaction Redemption Notice"”) to the Company, which Major Transaction Redemption Notice shall indicate the number of Warrant Shares portion of its Warrant (the "“Redemption Warrant Amount"”) that the Holder is electing to be redeemed. The portion of this Warrant subject to redemption pursuant to this Section 10(d) shall be redeemed by the Company in cash at a price equal to 100% of the greater of (i) the Black Scholes value (as defined below) of the remaining outstanding portion of the Warrant to be redeemed on the date the Major Transaction is consummated calculated using the Black Scholes Option Pricing Model and (ii) the Black-Scholes value of the remaining unexercised portion of this Warrant to be redeemed on the Trading Day immediately preceding the date that the Major Transaction Redemption Price (as defined below) is paid to the Holder (the greater of which is referred to as the "“Major Transaction Redemption Price"”). For purposes hereof, the "“Black-Scholes" ” value of a Warrant shall be determined by use of the Black Scholes Option Pricing Model reflecting (A) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of such date of request and (B) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg.