Common use of Transit No Clause in Contracts

Transit No. Number of lead days to issue billing. (Charges to account are withdrawals pursuant to account resolution) BORROWER: ROKA BIOSCIENCE, INC. By: /s/ Xxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxx Title: SVP & CFO (Herein called “Bank”) Borrower(s): ROKA BIOSCIENCE, INC. I understand that the Security Agreement or Deed of Trust which I executed in connection with this transaction requires me to provide a physical damage insurance policy including a Lenders Loss Payable Endorsement in favor of the Bank as shown below, within ten (10) days from the date of this agreement. The following minimum insurance must be provided according to the terms of the security documents. ¨ AUTOMOBILES, TRUCKS, RECREATIONAL VEHICLES ¨ MACHINERY & EQUIPMENT: MISCELLANEOUS PERSONAL PROPERTY Comprehensive & Collision Fire & Extended Coverage Lender’s Loss Payable Endorsement Lender’s Loss Payable Endorsement ¨ Breach of Warranty Endorsement ¨ BOATS ¨ AIRCRAFT All Risk Hull Insurance All Risk Ground & Flight Insurance Lender’s Loss Payable Endorsement Lender’s Loss Payable Endorsement ¨ Breach of Warranty Endorsement ¨ Breach of Warranty Endorsement ¨ MOBILE HOMES ¨ REAL PROPERTY Fire, Theft & Combined Additional Coverage Fire & Extended Coverage Lender’s Loss Payable Endorsement Lender’s Loss Payable Endorsement ¨ Earthquake ¨ All Risk Coverage ¨ Special Form Risk Coverage ¨ Earthquake ¨ INVENTORY ¨ Other x Other Borrower at its expense, shall keep the Collateral insured against loss or damage by fire, theft, explosion, sprinklers, and all other hazards and risks, and in such amounts, as ordinarily insured against by other owners in similar businesses conducted in the locations where Borrower’s business is conducted on the date hereof. Borrower shall also maintain liability and other insurance in amounts and of a type that are customary to businesses similar to Borrower’s. I may obtain the required insurance from any company that is acceptable to the Bank, and will deliver proof of such coverage with an effective date of November 21, 2013 or earlier. I understand and agree that if I fail to deliver proof of insurance to the Bank at the address below, or upon the lapse or cancellation of such insurance, the Bank may procure Lender’s Single Interest Insurance or other similar coverage on the property. If the Bank procures insurance to protect its interest in the property described in the security documents, the cost for the insurance will be added to my indebtedness as provided in the security documents. Lender’s Single Interest Insurance shall cover only the Bank’s interest as a secured party, and shall become effective at the earlier of the funding date of this transaction or the date my insurance was canceled or expired. I UNDERSTAND THAT LENDER’S SINGLE INTEREST INSURANCE WILL PROVIDE ME WITH ONLY LIMITED PROTECTION AGAINST PHYSICAL DAMAGE TO THE COLLATERAL, UP TO THE BALANCE OF THE LOAN, HOWEVER, MY EQUITY IN THE PROPERTY WILL NOT BE INSURED. FURTHER, THE INSURANCE WILL NOT PROVIDE MINIMUM PUBLIC LIABILITY OR PROPERTY DAMAGE INDEMNIFICATION AND DOES NOT MEET THE REQUIREMENTS OF THE FINANCIAL RESPONSIBILITY LAW.

Transit No. Number of lead days to issue billing. (Charges to account are withdrawals pursuant to account resolution) BORROWER: ROKA BIOSCIENCECS DISCO, INC. By: /s/ Xxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxx Title: SVP & CFO (Herein called “Bank”) Borrower(s): ROKA BIOSCIENCECS DISCO, INC. I understand The Borrower understands that the Loan and Security Agreement or Deed of Trust which I it executed in connection with this transaction requires me it to provide a physical damage insurance policy including a Lenders Loss Payable Endorsement in favor of the Bank as shown below, within ten (10) days from the date of this agreement. The following minimum insurance must be provided according to the terms of the security documents. ¨ ☐ AUTOMOBILES, TRUCKS, RECREATIONAL VEHICLES ¨ PROPERTY ☒ MACHINERY & EQUIPMENT: MISCELLANEOUS PERSONAL PROPERTY Comprehensive & Collision Lender’s Loss Payable Endorsement Fire & Extended Coverage Lender’s Loss Payable Endorsement ☐ Breach of Warranty Endorsement ☐ BOATS ☐ AIRCRAFT All Risk Hull Insurance Lender’s Loss Payable Endorsement ¨ ☐ Breach of Warranty Endorsement ¨ BOATS ¨ AIRCRAFT All Risk Hull Insurance All Risk Ground & Flight Insurance Lender’s Loss Payable Endorsement Lender’s Loss Payable Endorsement ¨ ☐ Breach of Warranty Endorsement ¨ Breach of Warranty Endorsement ¨ ☐ MOBILE HOMES ¨ ☐ REAL PROPERTY Fire, Theft & Combined Additional Coverage Lender’s Loss Payable Endorsement ☐ Earthquake Fire & Extended Coverage Lender’s Loss Payable Endorsement Lender’s Loss Payable Endorsement ¨ Earthquake ¨ ☐ All Risk Coverage ¨ ☐ Special Form Risk Coverage ¨ ☐ ☒ INVENTORY ☐ Earthquake ¨ INVENTORY ¨ ☐ Other x ☒ Other Borrower at its expense, shall keep the Collateral insured against loss or damage by fire, theft, explosion, sprinklers, and all other hazards and risks, and in such amounts, as ordinarily insured against by other owners in similar businesses conducted in the locations where Borrower’s business is conducted on the date hereof. Borrower shall also maintain liability and other insurance in amounts and of a type that are customary to businesses similar to Borrower’s. I The Borrower may obtain the required insurance from any company that is acceptable to the Bank, and will deliver proof of such coverage with an effective date of November 21December __, 2013 2020 or earlier. I understand The Borrower understands and agree agrees that if I it fail to deliver proof of insurance to the Bank at the address below, or upon the lapse or cancellation of such insurance, the Bank may procure Lender’s Single Interest Insurance or other similar coverage on the property. If the Bank procures insurance to protect its interest in the property described in the security documents, the cost for the insurance will be added to my the Borrower’s indebtedness as provided in the security documents. Lender’s Single Interest Insurance shall cover only the Bank’s interest as a secured party, and shall become effective at the earlier of the funding date of this transaction or the date my insurance was canceled or expired. I THE BORROWER UNDERSTAND THAT LENDER’S SINGLE INTEREST INSURANCE WILL PROVIDE ME IT WITH ONLY LIMITED PROTECTION AGAINST PHYSICAL DAMAGE TO THE COLLATERAL, UP TO THE BALANCE OF THE LOAN, HOWEVER, MY THE BORROWER’S EQUITY IN THE PROPERTY WILL NOT BE INSURED. FURTHER, THE INSURANCE WILL NOT PROVIDE MINIMUM PUBLIC LIABILITY OR PROPERTY DAMAGE INDEMNIFICATION AND DOES NOT MEET THE REQUIREMENTS OF THE FINANCIAL RESPONSIBILITY LAW.