Common use of Reporting Covenant Required Complies Clause in Contracts

Reporting Covenant Required Complies. Borrowing Base Certificate Monthly within 25 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements (CPA Audited) FYE within 120 days Yes No 10K and 10Q Within 5 days of filing Yes No A/R Audit Semi-annually Yes No IP Notices As required under Section 6.10 Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE within 120 150 days Yes No 10-Q, 10-K and 10Q 8-K Within 5 days of after filing with SEC Yes No A/R Audit Semi-annually & A/P Agings and Deferred Revenue reports Monthly within 30 days Yes No IP Notices As required under Section 6.10 Board-approved projections Annually, w/in 45 days of approval and as amended Yes No Transaction Reports Monthly within 30 days and with each request for a Credit Extension Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE within 120 180 days Yes No 10-Q, 10-K and 10Q 8-K Within 5 days of after filing with SEC Yes No Borrowing Base Certificate, with A/P & A/R Audit Semi-annually Agings Monthly within 30 days Yes No IP Notices As required under Section 6.10 Board-approved projections Annually, within 10 days of approval Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE within 120 150 days Yes No 10-Q, 10-K and 10Q 8-K Within 5 days of after filing with SEC Yes No Borrowing Base Certificate, with A/P & A/R Audit Semi-annually Agings Monthly within 30 days Yes No IP Notices As required under Section 6.10 Board approved projections Annually, within 10 days of approval Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE within 120 150 days Yes No 10-Q, 10-K and 10Q 8-K Within 5 days of after filing with SEC Yes No A/R Audit Semi-annually & A/P Agings Monthly within 15 days Yes No IP Notices As required under Section 6.10 Board-approved projections Annually, w/in 45 days of approval Yes No Transaction Report Weekly and with each request for a Credit Extension Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE within 120 days Yes No 10K and 10Q Within 5 Board Projections FYE within 30 days of filing Yes No A/R Audit Semi-annually & A/P Agings Monthly within 30 days Yes No IP Notices As required under Section 6.10 Transaction Report Weekly; or Monthly within 30 days if Streamline Eligible Yes No Deferred Revenue Reports Monthly within 30 days Yes No

Reporting Covenant Required Complies. Borrowing Base Certificate Monthly financial statements Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements (CPA Audited) FYE within 120 days Yes No 10K and 10Q Within 5 (as applicable) Yes No A/R & A/P Agings, Borrowing Base Cert. Monthly within 20 days of filing Yes No A/R Audit Initial and Semi-annually annual Yes No IP Notices As required under Section 6.10 Report Quarterly within 30 days Yes No New Contracts Quarterly within 5 days Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE within 120 90 days Yes No 10K and 10Q Within 5 days of filing Yes No Borrowing Base Certificate (with A/R Audit Semi-annually Yes No IP Notices As required under Section 6.10 & A/P Agings) Monthly within 30 days Yes No

Reporting Covenant Required Complies. Borrowing Base Certificate Monthly financial statements Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements (CPA Audited) FYE within 120 days Yes No 10K and 10Q Within 5 Quarterly financial statements Quarterly within 45 days of filing Yes No AIR & A/P Agings, Borrowing Base Cert. Weekly or, if no borrowings, monthly within 30 days Yes No A/R Audit Initial and Semi-annually Annual Yes No IP Notices As required under Section 6.10 Report Quarterly within 30 days Yes No

Reporting Covenant Required Complies. Borrowing Base Certificate Interim financial statements for Borrower with A/R Agings (by invoice date) Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements (CPA Audited) for Borrower FYE within 120 days Yes No 10K Annual Balance Sheet and 10Q Income Statement Within 5 30 days of filing Board approval Yes No A/R Audit Semi-annually Yes No IP Notices As required under Section 6.10 Compliance Certificate Quarterly within 30 days Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE + XX XXX within 120 days Yes No 10K and 10Q Within 5 days of filing Yes No Borrowing Base Certificate A/R Audit Semi-annually & A/P Agings Monthly within 30 days Yes No IP Notices As required under Section 6.10 Distributor sell-through reports Monthly within 30 days Yes NoNo The following Intellectual Property was registered after the Closing Date (if no registrations, state "None")

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE + XX XXX within 120 days Yes No 10-Q, 10-K and 10Q 8-K Within 5 days of after filing with SEC Yes No Borrowing Base Certificate A/R Audit Semi-annually Yes No IP Notices As required under Section 6.10 & A/P Agings with Deferred Revenue report Monthly within 30 days Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE + XX XXX within 120 150 days Yes No 10-Q, 10-K and 10Q Within 5 8-K Monthly within 30 days of filing Yes No Borrowing Base Report Monthly within 30 days Yes No A/R Audit Semi-annually & A/P Agings, Deferred Revenue report Monthly within 30 days Yes No IP Notices As required under Section 6.10 Annual Financial Projections FYE within 30 days and as updated Yes No

Reporting Covenant Required Complies. Borrowing Base Certificate Monthly Quarterly Financial Statements Quarterly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 30 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE within 120 + XX XXX within180 days Yes No 10K and 10Q Within 5 days of filing Yes No A/R Audit Semi-annually & A/P Agings, Deferred Revenue Reports Quarterly within 30 days and with each request for a Credit Extension Yes No IP Notices As required under Section 6.10 Transaction Reports Quarterly within 30 days and with each request for a Credit Extension Yes No Projections FYE within 30 days Yes No Field Exam Annually Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE + XX XXX within 120 days Yes No 10-Q, 10-K and 10Q 8-K Within 5 days of after filing with SEC Yes No Borrowing Base Certificate A/R Audit Semi-annually & A/P Agings Monthly within 30 days Yes No IP Notices As required under Section 6.10 Distributor sell-through reports Monthly within 30 days Yes NoNo The following Intellectual Property was registered after the Closing Date (if no registrations, state "None") 2

Reporting Covenant Required Complies. Borrowing Base Certificate Monthly within 25 financial statements, Within 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements (CPA Audited) FYE within 120 90 days Yes No 10K and 10Q A/R & A/P Agings, Within 5 20 days of filing month end Borrowing Base Certificate Yes No A/R Audit Initial and Semi-annually Annual Yes No IP Notices As required under Section 6.10 Backlog Report & Inventory Schedule Within 20 days of month end Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE + XX XXX within 120 180 days Yes No 10-K and 10Q 8-K Within 5 days of after filing with SEC Yes No 10-Q Quarterly, within 45 days Yes No Borrowing Base Certificate A/R Audit Semi-annually & A/P Agings Monthly within 30 days Yes No IP Notices As required under Section 6.10 Financial Covenant Required Actual Complies Liquidity See Below* Yes No Net EBITDA Loss See Below** Yes No

Reporting Covenant Required Complies. Borrowing Base Certificate Monthly within 25 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 45 days of quarter end Yes No Annual financial statements (CPA Audited) FYE within 120 90 days Yes No 10K and 10Q Within 5 (as applicable) Yes No A/R & A/P Agings, Borrowing Base Cert. Monthly within 15 days of filing Yes No A/R Audit Initial and Semi-annually Annual Yes No IP Notices As required under Section 6.10 Report Quarterly within 30 days Yes NoNo Financial Covenant None.

Reporting Covenant Required Complies. Borrowing Base Certificate Monthly within 25 days of month end Yes No Quarterly financial statements with churn report and Compliance Certificate Quarterly within 50 45 days of quarter end Yes No Annual financial statements statement (CPA Audited) FYE within 120 days Yes No 10K and 10Q Within 5 days of filing Board Approved Projections Annually, as revised Yes No Audit Annually Yes No Borrowing Base Certificate & A/R Audit Semi-annually Agings Monthly within 30 days (when Unrestricted Cash < $20,000,000.00 and months in which Credit Extensions requested or outstanding) Yes No IP Notices As required under Section 6.10 Cash Report Monthly within 15 days Yes No

Reporting Covenant Required Complies. Borrowing Base Monthly financial statements with Compliance Certificate Monthly within 25 30 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 Initial Audit Within 60 days of month end Yes No Quarterly financial statements with churn report the Effective Date and Compliance Certificate Quarterly within 50 days of quarter end no more than annually thereafter Yes No Annual financial statements (CPA Audited) FYE within 120 days Yes No 10K and 10Q projections Within 5 30 days of filing Yes No A/R Audit Semi-annually Yes No IP Notices As required under Section 6.10 FYE Yes No