Common use of Maintenance of Reporting Status; Supplemental Information Clause in Contracts

Maintenance of Reporting Status; Supplemental Information. Phage agrees to file a Form 10SB-12g with the Commission within sixty (60) days of the date of this Agreement in order to become a "Reporting Issuer" as defined in the Exchange Act. So long as any of the Securities are outstanding and Phage is deemed a Reporting Issuer, Phage will timely file all reports required to be filed with the Commission pursuant to the Exchange Act. If at anytime Phage is not subject to the requirements of section 13 or 15(d) of the Exchange Act, Phage will promptly furnish at its expense, on request, for the benefit of the holders from time to time of Securities, and prospective purchasers of Securities, information satisfying the information requirements of Rule 144 under the Securities Act.