EXHIBIT 4.2
FUNDS ESCROW AGREEMENT
----------------------
This Agreement is dated as of the 28th day of October, 2004 among One
Voice Technologies, Inc., a Nevada corporation (the "Company"), the Subscribers
identified on Schedule A hereto (each a "Subscriber" and collectively
"Subscribers"), and Grushko & Xxxxxxx, P.C. (the "Escrow Agent"):
W I T N E S S E T H:
- - - - - - - - - -
WHEREAS, the Company and Subscribers have entered into a Subscription
Agreement calling for the sale by the Company to the Subscriber of 7% Promissory
Notes and Warrants for an aggregate purchase price of up to $1,490,000 in the
amounts set forth on Schedule A hereto; and
WHEREAS, the parties hereto require the Company to deliver the Notes
and Warrants against payment therefor, with such Notes, Warrants and the
Escrowed Funds to be delivered to the Escrow Agent to be held in escrow and
released by the Escrow Agent in accordance with the terms and conditions of this
Agreement; and
WHEREAS, the Escrow Agent is willing to serve as escrow agent pursuant
to the terms and conditions of this Agreement;
NOW THEREFORE, the parties agree as follows:
ARTICLE I
INTERPRETATION
1.1. DEFINITIONS. Capitalized terms used and not otherwise defined
herein that are defined in the Subscription Agreement shall have the meanings
given to such terms in the Subscription Agreement. Whenever used in this
Agreement, the following terms shall have the following respective meanings:
(a) "Agreement" means this Agreement and all amendments made
hereto and thereto by written agreement between the parties;
(b) "Class A Warrants" shall have the meaning set forth in
Section 3 of the Subscription Agreement;
(c) "Class B Warrants" shall have the meaning set forth in
Section 3 of the Subscription Agreement;
(d) "Escrowed Payment" means an aggregate cash payment of up
to $1,490,000 which is, collectively, the Initial Closing Purchase Price and
Second Closing Purchase Price;
(e) "Finder" shall have the meaning set forth in Section 8(a)
of the Subscription Agreement;
(f) "Finder's Fee" shall have the meaning set forth in Section
8(a) of the Subscription Agreement and set forth on Schedule B hereto;
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(g) "Initial Closing Date" shall have the meaning set forth in
Section 1 of the Subscription Agreement;
(h) "Initial Closing Legal Opinion" means the original signed
legal opinion referred to in Section 6 of the Subscription Agreement;
(i) "Initial Closing Notes" shall have the meaning set forth
in Section 1 of the Subscription Agreement;
(j) "Initial Closing Purchase Price" shall mean up to
$596,000;
(k) "Legal Fees" shall have the meaning set forth in Section
8(b) of the Subscription Agreement;
(l) "Second Closing Certificate" shall have the meaning set
forth in Section 2(c) of the Subscription Agreement;
(m) "Second Closing Date" shall have the meaning set forth in
Section 2(a) of the Subscription Agreement;
(n) "Second Closing Legal Opinion" shall have the meaning set
forth in Section 2(c) of the Subscription Agreement;
(o) "Second Closing Notes" shall have the meaning set forth in
Section 2(a) of the Subscription Agreement;
(p) "Second Closing Purchase Price" shall mean up to $894,000;
(q) "Subscription Agreement" means the Subscription Agreement
(and the exhibits thereto) entered into or to be entered into by the parties in
reference to the sale and purchase of the Initial Closing Notes, Second Closing
Notes and Warrants;
(r) Collectively, the executed Subscription Agreement, Initial
Closing Notes, Initial Closing Legal Opinion, Second Closing Notes, Second
Closing Legal Opinion, Second Closing Certificate, and Warrants are referred to
as "Company Documents"; and
(s) Collectively, the Escrowed Payment and the executed
Subscription Agreement are referred to as "Subscriber Documents".
1.2. ENTIRE AGREEMENT. This Agreement along with the Company Documents
and the Subscriber Documents constitute the entire agreement between the parties
hereto pertaining to the Company Documents and Subscriber Documents and
supersedes all prior agreements, understandings, negotiations and discussions,
whether oral or written, of the parties. There are no warranties,
representations and other agreements made by the parties in connection with the
subject matter hereof except as specifically set forth in this Agreement, the
Company Documents and the Subscriber Documents.
1.3. EXTENDED MEANINGS. In this Agreement words importing the singular
number include the plural and vice versa; words importing the masculine gender
include the feminine and neuter genders. The word "person" includes an
individual, body corporate, partnership, trustee or trust or unincorporated
association, executor, administrator or legal representative.
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1.4. WAIVERS AND AMENDMENTS. This Agreement may be amended, modified,
Isuperseded, cancelled, renewed or extended, and the terms and conditions hereof
may be waived, only by a written instrument signed by all parties, or, in the
case of a waiver, by the party waiving compliance. Except as expressly stated
herein, no delay on the part of any party in exercising any right, power or
privilege hereunder shall operate as a waiver thereof, nor shall any waiver on
the part of any party of any right, power or privilege hereunder preclude any
other or future exercise of any other right, power or privilege hereunder.
1.5. HEADINGS. The division of this Agreement into articles, sections,
subsections and paragraphs and the insertion of headings are for convenience of
reference only and shall not affect the construction or interpretation of this
Agreement.
1.6. LAW GOVERNING THIS AGREEMENT. This Agreement shall be governed by
and construed in accordance with the laws of the State of New York without
regard to principles of conflicts of laws. Any action brought by either party
against the other concerning the transactions contemplated by this Agreement
shall be brought only in the state courts of New York or in the federal courts
located in the state of New York. Both parties and the individuals executing
this Agreement and other agreements on behalf of the Company agree to submit to
the jurisdiction of such courts and waive trial by jury. The prevailing party
(which shall be the party which receives an award most closely resembling the
remedy or action sought) shall be entitled to recover from the other party its
reasonable attorney's fees and costs. In the event that any provision of this
Agreement or any other agreement delivered in connection herewith is invalid or
unenforceable under any applicable statute or rule of law, then such provision
shall be deemed inoperative to the extent that it may conflict therewith and
shall be deemed modified to conform with such statute or rule of law. Any such
provision which may prove invalid or unenforceable under any law shall not
affect the validity or enforceability of any other provision of any agreement.
1.7. SPECIFIC ENFORCEMENT, CONSENT TO JURISDICTION. The Company and
Subscriber acknowledge and agree that irreparable damage would occur in the
event that any of the provisions of this Agreement were not performed in
accordance with their specific terms or were otherwise breached. It is
accordingly agreed that the parties shall be entitled to an injuction or
injunctions to prevent or cure breaches of the provisions of this Agreement and
to enforce specifically the terms and provisions hereof or thereof, this being
in addition to any other remedy to which any of them may be entitled by law or
equity. Subject to Section 1.6 hereof, each of the Company and Subscriber hereby
waives, and agrees not to assert in any such suit, action or proceeding, any
claim that it is not personally subject to the jurisdiction of such court, that
the suit, action or proceeding is brought in an inconvenient forum or that the
venue of the suit, action or proceeding is improper. Nothing in this Section
shall affect or limit any right to serve process in any other manner permitted
by law.
ARTICLE II
DELIVERIES TO THE ESCROW AGENT
2.1. INITIAL CLOSING COMPANY DELIVERIES. On or about the date hereof,
the Company shall deliver to the Escrow Agent the executed Subscription
Agreement, the Initial Closing Notes, Warrants, and Initial Closing Legal
Opinion (collectively, the "Initial Closing Company Documents").
2.2. SECOND CLOSING COMPANY DELIVERIES. On or prior to the Second
Closing Date the Company will deliver to the Escrow Agent the Second Closing
Notes, Warrants, Second Closing Certificate, and Second Closing Legal Opinion
(collectively, the "Second Closing Company Documents").
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2.3. SUBSCRIBER DELIVERIES. On or before the Initial Closing Date, each
Subscriber shall deliver to the Escrow Agent such Subscriber's portion of the
Initial Closing Purchase Price and the executed Subscription Agreement, Security
Agreement and Collateral Agent Agreement. On or before the Second Closing Date,
each Subscriber will deliver such Subscriber's portion of the Second Closing
Purchase Price to the Escrow Agent. The Escrowed Payment will be delivered
pursuant to the following wire transfer instructions:
Citibank, N.A.
0000 0xx Xxxxxx
Xxx Xxxx, XX 00000, XXX
ABA Number: 0210-00089
For Credit to: Grushko & Xxxxxxx, XXXX Trust Account
Account Number: 00000000
2.4. INTENTION TO CREATE ESCROW OVER COMPANY DOCUMENTS AND SUBSCRIBER
DOCUMENTS. The Subscriber and Company intend that the Company Documents and
Subscriber Documents shall be held in escrow by the Escrow Agent pursuant to
this Agreement for their benefit as set forth herein.
2.5. ESCROW AGENT TO DELIVER COMPANY DOCUMENTS AND SUBSCRIBER
DOCUMENTS. The Escrow Agent shall hold and release the Company Documents and
Subscriber Documents only in accordance with the terms and conditions of this
Agreement.
ARTICLE III
RELEASE OF COMPANY DOCUMENTS AND SUBSCRIBER DOCUMENTS
3.1. RELEASE OF ESCROW. Subject to the provisions of Section 4.2, the
Escrow Agent shall release the Company Documents and Subscriber Documents as
follows:
(a) On the Initial Closing Date, the Escrow Agent will
simultaneously release the Initial Closing Company Documents to the Subscriber
and release the Subscription Agreement and the Initial Closing Purchase Price to
the Company except that the Legal Fees will be released to the Subscriber's
attorneys and the Finder's Fee in connection with the Initial Closing Purchase
Price will be released to the Finders.
(b) On the Second Closing Date, the Escrow Agent will
simultaneously release the Second Closing Company Documents to the Subscriber
and release the Second Closing Purchase Price to the Company except that the
Legal Fees will be released to the Subscriber's attorneys and Finder's Fee in
connection with the Second Closing Purchase Price will be delivered to the
Finders.
(c) All funds to be delivered to the Company shall be
delivered pursuant to the wire instructions to be provided in writing by the
Company to the Escrow Agent.
(d) Notwithstanding the above, upon receipt by the Escrow
Agent of joint written instructions ("Joint Instructions") signed by the Company
and the Subscriber, it shall deliver the Company Documents and Subscriber
Documents in accordance with the terms of the Joint Instructions.
(e) Notwithstanding the above, upon receipt by the Escrow
Agent of a final and non-appealable judgment, order, decree or award of a court
of competent jurisdiction (a "Court Order"), the Escrow Agent shall deliver the
Company Documents and Subscriber Documents in accordance with the Court Order.
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Any Court Order shall be accompanied by an opinion of counsel for the party
presenting the Court Order to the Escrow Agent (which opinion shall be
satisfactory to the Escrow Agent) to the effect that the court issuing the Court
Order has competent jurisdiction and that the Court Order is final and
non-appealable.
3.2. ACKNOWLEDGEMENT OF COMPANY AND SUBSCRIBER; DISPUTES. The Company
and the Subscriber acknowledge that the only terms and conditions upon which the
Company Documents and Subscriber Documents are to be released are set forth in
Sections 3 and 4 of this Agreement. The Company and the Subscriber reaffirm
their agreement to abide by the terms and conditions of this Agreement with
respect to the release of the Company Documents and Subscriber Documents. Any
dispute with respect to the release of the Company Documents and Subscriber
Documents shall be resolved pursuant to Section 4.2 or by agreement between the
Company and Subscriber.
ARTICLE IV
CONCERNING THE ESCROW AGENT
4.1. DUTIES AND RESPONSIBILITIES OF THE ESCROW AGENT. The Escrow
Agent's duties and responsibilities shall be subject to the following terms and
conditions:
(a) The Subscriber and Company acknowledge and agree that the
Escrow Agent (i) shall not be responsible for or bound by, and shall not be
required to inquire into whether either the Subscriber or Company is entitled to
receipt of the Company Documents and Subscriber Documents pursuant to, any other
agreement or otherwise; (ii) shall be obligated only for the performance of such
duties as are specifically assumed by the Escrow Agent pursuant to this
Agreement; (iii) may rely on and shall be protected in acting or refraining from
acting upon any written notice, instruction, instrument, statement, request or
document furnished to it hereunder and believed by the Escrow Agent in good
faith to be genuine and to have been signed or presented by the proper person or
party, without being required to determine the authenticity or correctness of
any fact stated therein or the propriety or validity or the service thereof;
(iv) may assume that any person believed by the Escrow Agent in good faith to be
authorized to give notice or make any statement or execute any document in
connection with the provisions hereof is so authorized; (v) shall not be under
any duty to give the property held by Escrow Agent hereunder any greater degree
of care than Escrow Agent gives its own similar property; and (vi) may consult
counsel satisfactory to Escrow Agent, the opinion of such counsel to be full and
complete authorization and protection in respect of any action taken, suffered
or omitted by Escrow Agent hereunder in good faith and in accordance with the
opinion of such counsel.
(b) The Subscriber and Company acknowledge that the Escrow
Agent is acting solely as a stakeholder at their request and that the Escrow
Agent shall not be liable for any action taken by Escrow Agent in good faith and
believed by Escrow Agent to be authorized or within the rights or powers
conferred upon Escrow Agent by this Agreement. The Subscriber and Company,
jointly and severally, agree to indemnify and hold harmless the Escrow Agent and
any of Escrow Agent's partners, employees, agents and representatives for any
action taken or omitted to be taken by Escrow Agent or any of them hereunder,
including the fees of outside counsel and other costs and expenses of defending
itself against any claim or liability under this Agreement, except in the case
of gross negligence or willful misconduct on Escrow Agent's part committed in
its capacity as Escrow Agent under this Agreement. The Escrow Agent shall owe a
duty only to the Subscriber and Company under this Agreement and to no other
person.
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(c) The Subscriber and Company jointly and severally agree to
reimburse the Escrow Agent for outside counsel fees, to the extent authorized
hereunder and incurred in connection with the performance of its duties and
responsibilities hereunder.
(d) The Escrow Agent may at any time resign as Escrow Agent
hereunder by giving five (5) days prior written notice of resignation to the
Subscriber and the Company. Prior to the effective date of the resignation as
specified in such notice, the Subscriber and Company will issue to the Escrow
Agent a Joint Instruction authorizing delivery of the Company Documents and
Subscriber Documents to a substitute Escrow Agent selected by the Subscriber and
Company. If no successor Escrow Agent is named by the Subscriber and Company,
the Escrow Agent may apply to a court of competent jurisdiction in the State of
New York for appointment of a successor Escrow Agent, and to deposit the Company
Documents and Subscriber Documents with the clerk of any such court.
(e) The Escrow Agent does not have and will not have any
interest in the Company Documents and Subscriber Documents, but is serving only
as escrow agent, having only possession thereof. The Escrow Agent shall not be
liable for any loss resulting from the making or retention of any investment in
accordance with this Escrow Agreement.
(f) This Agreement sets forth exclusively the duties of the
Escrow Agent with respect to any and all matters pertinent thereto and no
implied duties or obligations shall be read into this Agreement.
(g) The Escrow Agent shall be permitted to act as counsel for
the Subscriber in any dispute as to the disposition of the Company Documents and
Subscriber Documents, in any other dispute between the Subscriber and Company,
whether or not the Escrow Agent is then holding the Company Documents and
Subscriber Documents and continues to act as the Escrow Agent hereunder.
(h) The provisions of this Section 4.1 shall survive the
resignation of the Escrow Agent or the termination of this Agreement.
4.2. DISPUTE RESOLUTION: JUDGMENTS. Resolution of disputes arising
under this Agreement shall be subject to the following terms and conditions:
(a) If any dispute shall arise with respect to the delivery,
ownership, right of possession or disposition of the Company Documents and
Subscriber Documents, or if the Escrow Agent shall in good faith be uncertain as
to its duties or rights hereunder, the Escrow Agent shall be authorized, without
liability to anyone, to (i) refrain from taking any action other than to
continue to hold the Company Documents and Subscriber Documents pending receipt
of a Joint Instruction from the Subscriber and Company, or (ii) deposit the
Company Documents and Subscriber Documents with any court of competent
jurisdiction in the State of New York, in which event the Escrow Agent shall
give written notice thereof to the Subscriber and the Company and shall
thereupon be relieved and discharged from all further obligations pursuant to
this Agreement. The Escrow Agent may, but shall be under no duty to, institute
or defend any legal proceedings which relate to the Company Documents and
Subscriber Documents. The Escrow Agent shall have the right to retain counsel if
it becomes involved in any disagreement, dispute or litigation on account of
this Agreement or otherwise determines that it is necessary to consult counsel.
(b) The Escrow Agent is hereby expressly authorized to comply
with and obey any Court Order. In case the Escrow Agent obeys or complies with a
Court Order, the Escrow Agent shall not be liable to the Subscriber and Company
or to any other person, firm, corporation or entity by reason of such
compliance.
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ARTICLE V
GENERAL MATTERS
5.1. TERMINATION. This escrow shall terminate upon the release of all
of the Company Documents and Subscriber Documents or at any time upon the
agreement in writing of the Subscriber and Company.
5.2. NOTICES. All notices, demands, requests, consents, approvals, and
other communications required or permitted hereunder shall be in writing and,
unless otherwise specified herein, shall be (i) personally served, (ii)
deposited in the mail, registered or certified, return receipt requested,
postage prepaid, (iii) delivered by reputable air courier service with charges
prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed
as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or delivery by facsimile, with accurate confirmation generated by the
transmitting facsimile machine, at the address or number designated below (if
delivered on a business day during normal business hours where such notice is to
be received), or the first business day following such delivery (if delivered
other than on a business day during normal business hours where such notice is
to be received) or (b) on the second business day following the date of mailing
by express courier service, fully prepaid, addressed to such address, or upon
actual receipt of such mailing, whichever shall first occur. The addresses for
such communications shall be:
(a) If to the Company, to:
One Voice Technologies, Inc.
0000 Xxxxxxxxx Xxxxx, Xxxxx 000
Xxx Xxxxx, XX 00000
Fax: (000) 000-0000
With a copy by telecopier only to:
Sichenzia, Ross, Xxxxxxxx & Xxxxxxx LLP
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
Attn: Xxxxxxx Xxxxxxxxx, Esq.
Fax: (000) 000-0000
(b) If to the Subscribers, to: the addresses and fax numbers listed on Schedule
A hereto
(c) If to the Finder, to the addresses and fax numbers listed on Schedule B
hereto.
(d) If to the Escrow Agent, to:
Grushko & Xxxxxxx, P.C.
000 Xxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000
Fax: 000-000-0000
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or to such other address as any of them shall give to the others by notice made
pursuant to this Section 5.2.
5.3. INTEREST. The Escrowed Payment shall not be held in an interest
bearing account nor will interest be payable in connection therewith. In the
event the Escrowed Payment is deposited in an interest bearing account, the
Subscriber shall be entitled to receive any accrued interest thereon, but only
if the Escrow Agent receives from the Subscriber the Subscriber's United States
taxpayer identification number and other requested information and forms.
5.4. ASSIGNMENT; BINDING AGREEMENT. Neither this Agreement nor any
right or obligation hereunder shall be assignable by any party without the prior
written consent of the other parties hereto. This Agreement shall enure to the
benefit of and be binding upon the parties hereto and their respective legal
representatives, successors and assigns.
5.5. INVALIDITY. In the event that any one or more of the provisions
contained herein, or the application thereof in any circumstance, is held
invalid, illegal, or unenforceable in any respect for any reason, the validity,
legality and enforceability of any such provision in every other respect and of
the remaining provisions contained herein shall not be in any way impaired
thereby, it being intended that all of the rights and privileges of the parties
hereto shall be enforceable to the fullest extent permitted by law.
5.6. COUNTERPARTS/EXECUTION. This Agreement may be executed in any
number of counterparts and by different signatories hereto on separate
counterparts, each of which, when so executed, shall be deemed an original, but
all such counterparts shall constitute but one and the same instrument. This
Agreement may be executed by facsimile transmission and delivered by facsimile
transmission.
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5.7. AGREEMENT. Each of the undersigned states that he has read the
foregoing Funds Escrow Agreement and understands and agrees to it.
ONE VOICE TECHNOLOGIES, INC.
the "Company"
By:___________________________________
______________________________________
ALPHA CAPITAL AKTIENGESELLSCHAFT
"Subscriber"
______________________________________
XXXXXXXXXXX LIMITED PARTNERSHIP
"Subscriber"
______________________________________
XXXXX INTERNATIONAL LTD.
"Subscriber"
______________________________________
MOMONA CAPITAL CORP.
"Subscriber"
ESCROW AGENT:
______________________________________
GRUSHKO & XXXXXXX, P.C.
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SCHEDULE A TO FUNDS ESCROW AGREEMENT
------------------------------------
------------------------------------------- --------------- --------------- --------------- ---------------
SUBSCRIBER INITIAL CLOSING A WARRANTS B WARRANTS SECOND CLOSING
NOTE (INITIAL ISSUABLE ON ISSUABLE ON NOTE (SECOND
CLOSING PURCHASE INITIAL CLOSING INITIAL CLOSING CLOSING PURCHASE
PRICE) DATE DATE PRICE)
------------------------------------------- ---------------- --------------- --------------- ----------------
ALPHA CAPITAL AKTIENGESELLSCHAFT $ 200,000.00 3,968,254 3,968,254 $ 300,000.00
Xxxxxxxxx 0
0000 Xxxxxxxxxxx
Xxxxx, Xxxxxxxxxxxx
Fax: 000-00-00000000
------------------------------------------- --------------- --------------- --------------- ---------------
XXXXXXXXXXX LIMITED PARTNERSHIP $ 280,000.00 5,555,556 5,555,556 $ 420,000.00
00 Xxxxxx Xxxxxx Xxxxxx
Xxxxxxx, Xxxxxxx
X0X 0X0, Xxxxxx
Fax: (000) 000-0000
------------------------------------------- --------------- --------------- --------------- ---------------
XXXXX INTERNATIONAL LTD $ 80,000.00 1,587,302 1,587,302 $ 120,000.00
00xx Xxxxxx Xxxxxxxxxxxx Xxxxxxx
Xxxxx Tower, 16th Floor, Panama
Republic of Panama
Fax: (000) 000-0000
------------------------------------------- --------------- --------------- --------------- ---------------
MOMONA CAPITAL CORP $ 36,000.00 714,286 714,287 $ 54,000.00
0 Xxxxxx Xxxx
Xxxxxx, XX 00000
Fax: (000) 000-0000
------------------------------------------- --------------- --------------- --------------- ---------------
TOTALS $ 596,000.00 $ 894,000.00
------------------------------------------- --------------- --------------- --------------- ---------------
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SCHEDULE B TO FUNDS ESCROW AGREEMENT
------------------------------------
-------------------------------------------- --------------- --------------
PARTY INITIAL CLOSING SECOND CLOSING
-------------------------------------------- --------------- --------------
LIBRA FINANCE, S.A. (1) $ 4,000.00 $ 6,000.00
X.X. Xxx 0000
Xxxxxx, Xxxxxxxxxxx
Fax: 000-000-000-0000
-------------------------------------------- --------------- --------------
XXXXX INTERNATIONAL LTD. (2) $ 1,600.00 $ 2,400.00
00xx Xxxxxx Xxxxxxxxxxxx Xxxxxxx
Xxxxx Xxxxx, 00xx Xxxxx, Xxxxxx
Xxxxxxxx of Panama
Fax: (000) 000-0000
-------------------------------------------- --------------- --------------
MOMONA CAPITAL CORP. (3) $ 720.00 $ 1,080.00
0 Xxxxxx Xxxx
Xxxxxx, XX 00000
Fax: (000) 000-0000
-------------------------------------------- --------------- --------------
UNISOURCE, INC. (4) $ 29,440.00 $ 44,160.00
000 Xxxxxxxxx Xxxx
Xxxxxxxx, Xxx Xxxx 00000
Fax: 000-000-0000
-------------------------------------------- --------------- --------------
TOTAL $ 35,760.00 $ 53,640.00
-------------------------------------------- --------------- --------------
(1) Libra Finance, S.A. will 2% of Purchase Price in relation to investment by
Alpha Capital Aktiengesellschaft.
(2) Xxxxx International Ltd. will 2% of Purchase Price in relation to investment
by Xxxxx International Ltd.
(3) Momona Capital Corp. will 2% of Purchase Price in relation to investment by
Momona Capital Corp.
(4) Unisource, Inc. will receive 6% of Purchase Price in relation to investment
by Xxxxxxxxxxx Limited Partnership and 4% of Purchase Price in relation to
investment by each of Alpha Capital Aktiengesellschaft, Xxxxx International
Ltd., and Momona Capital Corp.
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