Common use of Reporting Covenant Required Complies Clause in Contracts

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE within 120 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, A/R & A/P Agings Monthly within 30 days Yes No Board-approved projections Annually, w/in 45 days of approval Yes No

Reporting Covenant Required Complies. Monthly Quarterly financial statements with Compliance Certificate Monthly Quarterly within 30 45 days Yes No Annual financial statement (CPA Audited) FYE + XX XXX within 120 150 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, A/R & A/P Agings & Deferred Revenue Quarterly within 45 days Yes No Borrowing Base Report Monthly within 30 days (Quarterly within 45 days if no outstanding Credit Extensions) Yes No Board-approved projections AnnuallyProjections FYE within 60 days Yes No The following Intellectual Property was registered after the Effective Date (if no registrations, w/in 45 days of approval Yes Nostate “None”)______________________________________________________________________

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE + XX XXX within 120 150 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, A/R & A/P Agings Reports Monthly within 30 days Yes No Board-approved projections AnnuallyBoard Approved Projections FYE within 30 days Yes No The following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, w/in 45 days of approval Yes Nostate “None”)

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE within 120 + XX XXX within180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, A/R & A/P Agings Agings, Deferred Revenue Reports Monthly within 30 days and with each request for a Credit Extension Yes No Transaction Reports Monthly within 30 days and with each request for a Credit Extension Yes No Projections FYE within 30 days Yes No BoardField Exam Semi-approved projections Annually, w/in 45 days of approval annually Yes No

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE within 120 90 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Board Approved Projections Annually, as approved by Board Yes No Borrowing Base Certificate, A/R & A/P Agings Certificate Monthly within 30 days Yes No Board-approved projections AnnuallyThe following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, w/in 45 days of approval Yes Nostate “None”)

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE + XX XXX within 120 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC 120days Yes No Borrowing Base Certificate, Certificate A/R & A/P Agings Monthly within 30 days Yes No Board-approved projections AnnuallyThe following Intellectual Property was registered after the Closing Date (if no registrations, w/in 45 days of approval Yes Nostate "None")

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Compliance Certificate Annual financial statement (CPA Audited) FYE + XX XXX within 120 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, Certificate A/R & A/P Agings Monthly within 30 days Yes No Board-approved projections Annually, w/in Transaction Reports Weekly Yes No Audit Annually and within 45 days of approval Yes NoNo Effective Date Board approved projections Annually Yes No The following Intellectual Property was registered after the Effective Date (if no registrations, state “None”)

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE within 120 150 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, Certificate A/R & A/P Agings Monthly within 30 days days, when Advances are outstanding or have been requested Yes No Board-approved projections Annually, w/in Board Projections Annually and within 45 days of approval Yes No

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE + XX XXX within 120 150 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, A/R & A/P Agings Monthly within 30 20 days Yes No Board-approved projections AnnuallyBudgets/Projections Within 30 days after FYE Yes No Ten Percent of Eligible A/R Invoices Quarterly within 20 days Is Borrower on Streamline Reporting: Yes No The following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, w/in 45 days of approval Yes Nostate “None”)

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE within 120 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, Certificate A/R & A/P Agings Agings, and Deferred Revenue schedule Monthly within 30 days Yes No Board-Board approved projections Annually, w/in 45 days Upon request of approval Bank Yes No

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE within 120 days Yes No 10-Q, 10-K and 8-K Within 5 Board Projections FYE within 30 days after filing with SEC Yes No Borrowing Base Certificate, A/R & A/P Agings Monthly within 30 days Yes No Board-approved projections Annually, w/in 45 Transaction Report Weekly Yes No Deferred Revenue Reports Monthly within 30 days of approval Yes No

Reporting Covenant Required Complies. Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) FYE + XX XXX within 120 150 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base Certificate, A/R & A/P Agings Agings, Deferred Revenue report, and schedule of expected collections Monthly within 30 20 days Yes No Borrowing Base Certificate Monthly within 20 Days during Streamline Period Yes No Transaction Report Weekly when not Streamline Period Yes No Board-approved projections Annually, w/in 45 Within 30 days of approval Yes No

Reporting Covenant Required Complies. Monthly Quarterly financial statements with Compliance Certificate Monthly Quarterly within 30 45 days Yes No Annual financial statement (CPA Audited) FYE + XX XXX within 120 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Borrowing Base CertificateTransaction Report, A/R & A/P Agings Agings, Inventory reports Monthly within 30 days Yes No Board-approved projections AnnuallyThe following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, w/in 45 days of approval Yes Nostate “None”)