0001144204-17-007209 Sample Contracts

LEAK-OUT AGREEMENT

Leak-Out Agreement • February 10th, 2017 • xG TECHNOLOGY, INC. • Communications equipment, nec • New York

• Contract Type
  Leak-Out Agreement
• Filed
  February 10th, 2017
• Company
  xG TECHNOLOGY, INC.
• Industry
  Communications equipment, nec
• Jurisdiction
  New York

THIS LEAK-OUT AGREEMENT (the “Agreement”) is made and entered into as of the 2nd day of February 2017 between xG Technology, Inc., a Delaware corporation (the “Company”) and each of MEF I, LP and DiamondRock LLC (the “Holders”), which are the Holders of the Company’s issued and outstanding Series D Convertible Preferred Stock (the “Preferred Stock” or the “Securities”).