Convertible Note Financing Binding Term Sheet March 1, 2012Convertible Note Financing • June 29th, 2012 • Mandalay Digital Group, Inc. • Patent owners & lessors
Contract Type FiledJune 29th, 2012 Company IndustryThis binding term sheet (this “Term Sheet”), dated as of the date first written above, is made with respect to the transactions contemplated by that binding term sheet, dated as of December 29, 2011 (the “Original Term Sheet”) between Mandalay Digital Group, Inc. (formerly known as NeuMedia, Inc.), a Delaware corporation (“Issuer”), and TAJA, LLC (”Investor”). Capitalized terms used and not defined in this Term Sheet have the meanings ascribed to such terms in the Original Term Sheet.