Common use of Participation in Future Financing Clause in Contracts

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one year anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents other than the Permitted Private Placement for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one year anniversary of the Closing DateFinal Closing, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof equivalents (a “Subsequent Financing”), each Purchaser Subscriber shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 six (6) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10030% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Ordinary Shares or Ordinary Shares Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10030% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24 month anniversary of the Closing DateClosing, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10013% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 nine (9) month anniversary of the Closing Date, upon any issuance by the Company (or any of its Subsidiaries direct or indirect subsidiaries the Company may obtain or form in the future) of Common Stock, Stock or Common Stock Equivalents for cash consideration, or Indebtedness (or a combination of units hereof thereof), (a “Subsequent Financing”), each the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing DateJuly 1, 2014, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing Purchaser’s original Principal Amount (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 eighteen (18) month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof hereof) (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24-month anniversary of the Closing Datelast Closing, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents or debt for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of nine (9) months after the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in therein up to an amount of the Subsequent Financing equal to 100% twenty five percent (25%) of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12-month anniversary of the Closing Datelast Closing, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents or debt for cash consideration, Indebtedness Indebtedness, assignment, or a combination of units hereof (a “Subsequent Financing”), each the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 twelfth month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the earlier of the date that is the 18 month Purchasers have collectively invested an additional $20,000,000 in the equity or convertible securities of the Company or the first anniversary of the Closing Public Company Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10055% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 six month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser the Purchasers shall have the right to participate in such Subsequent Financing up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24 month anniversary of the Closing Datedate hereof, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof hereof) (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one year anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Shares or Common Stock Share Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10035% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until such time as the date that is the 18 month anniversary Purchasers no longer hold any shares of the Closing DatePreferred Stock, upon any issuance by the Company or any of its Subsidiaries Subsidiary of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of one (1) year after the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% fifty percent (50%) of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 6 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents (as defined below) for cash consideration, Indebtedness or a combination of units hereof consideration (a “Subsequent Financing”), each Purchaser Investor shall have the right to participate in up to an amount of the Subsequent Financing (that is not an Exempt Issuance) equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.. “

Participation in Future Financing. (a) From the date hereof until the date that is the 18 ___ month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100___% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 6-month anniversary of the Closing DateClosing, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents or debt for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal in an amount up to 100% of the Subsequent Financing such Purchaser’s Subscription Amount (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 twelve (12) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 the12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 15-month anniversary of the first Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof hereof) (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 twelve month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing Datethrough February 29, 2016, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of thirtieth (30th) days after the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10035% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 twenty-four (24) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10075% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 nine (9) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser the Purchasers shall have the right to participate in up to an amount of the Subsequent Financing equal to 10040% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 twelve (12) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10030% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof, excluding any Exempt Issuance (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 18-month anniversary of the Closing Datedate of this Agreement, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Shares or Common Stock Share Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser the Investor shall have the right to participate in aggregate up to an amount of the Subsequent Financing equal to 10030% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Datedate hereof, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof hereof) (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one (1) year anniversary of the Closing Maturity Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050.0% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one (1) year anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10035.0% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 18-month anniversary of the Closing DateClosing, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser the Buyer shall have the right to participate in up to an amount of the Subsequent Financing equal to 10020% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 18-month month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Ordinary Shares or Ordinary Shares Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10035% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Ordinary Shares or Ordinary Share Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser the Purchasers shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 18-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% the ratio of the Purchaser’s Subscription Amount and the amount proposed to be raised in such Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24-month anniversary of the Closing Authorized Share Increase Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 six (6) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof, except for an Exempt Issuance (a “Subsequent Financing”), each Purchaser the Purchasers shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof consideration (a “Subsequent Financing”), each Purchaser who originally purchased at least 30% of Preferred Stock issued hereunder shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 nine (9) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing Datedate hereof, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From Subject to the first rights of the holders of the Series B Preferred Stock, from the date hereof until the date that is the 18 12 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof consideration (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 18-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the such Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 18th month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser Purchasers shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until twelve months following the date that Shareholder Approval is the 18 month anniversary of the Closing Dateobtained and deemed effective, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof that is not an Exempt Issuance (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% its Pro Rata Portion of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.. “

Participation in Future Financing. (a) From the date hereof until the date that is the 18 eighteen (18) month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness other than Indebtedness that is not convertible into Common Stock or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% thirty-five percent (35%) of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24-month anniversary of the Closing Datelast Closing, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents or debt for cash consideration, Indebtedness or a combination of units hereof (a “"Subsequent Financing”"), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “"Participation Maximum”") on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one (1) year anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 twelve month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 twelve month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof other than in an Exempt Issuance (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) (a) From the date hereof until the date that is the 18 six (6) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10030% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 13 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof hereof) (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing, subject to Section 4.11(e). For the avoidance of doubt, the Participation Maximum applies to each Purchaser individually and all Purchasers collectively.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 6-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month first anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof consideration (a “Subsequent Financing”), each Purchaser shall have the right to participate in such Subsequent Financing in an amount equal to up to an amount 45% of the Subsequent Financing equal to 100Financing, provided that the aggregate participation right of all Purchasers shall not exceed 45% of the such Subsequent Financing (the “Participation Maximum”) ), on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries (exclusive of E2B Growth, Inc.) of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one year anniversary of the Closing DateFinal Closing, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser Subscriber shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% such Subscriber’s proportionate share of the Subsequent Financing based on such Subscriber’s participation in this Offering (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24-month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser the Purchasers, collectively, shall have the right to participate in up to an amount of the Subsequent Financing equal to 10035% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing DateFebruary 25, 2025, upon any issuance by the Company of Indebtedness, Common Stock or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness consideration or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser (when aggregated with its Affiliates) (a “Participation Right Purchaser”) shall have the right to participate in up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 _________ month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100_____% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12-month anniversary of the Closing Datedate of this Agreement, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser the Investor shall have the right to participate in aggregate up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), subject to the pre-emptive rights of the December 2004 Investors which shall not exceed, in the aggregate, 20% of any Subsequent Financing (as defined below), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser Investor shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one year anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof consideration (a “Subsequent Financing”), each Purchaser shall have the right to participate in such Subsequent Financing in an amount equal to up to an amount 35% of the Subsequent Financing equal to 100Financing, provided that the aggregate participation right of all Purchasers shall not exceed 35% of the such Subsequent Financing (the “Participation Maximum”) ), on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is later of the 18 12 month anniversary of the Closing DateDate and the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash considerationEquivalents, Indebtedness (or a combination of units hereof hereof) (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Datedate hereof, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof hereof) (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 24 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month later of the two year anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, convertible Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month one year anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Third Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 6-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10035% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents or any offering of debt or any other type of financing for cash consideration, Indebtedness or a combination of units hereof consideration (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal in an amount not to 100exceed, in the aggregate among such Purchasers, 40% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 18-month anniversary of the Closing Resale Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser shall Purchaser, along with its Affiliates, having a Subscription Amount(s) at least equal to $115,000 (“Participating Purchaser”) have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof thereof (a “Subsequent Financing”), each Purchaser Acquirer shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From the date hereof until the date that is the 18 twenty four (24) month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof (a “"Subsequent Financing”"), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10035% of the Subsequent Financing (the “"Participation Maximum”") on the same terms, conditions and price provided for in the Subsequent Financing.

Participation in Future Financing. (a) From At any time prior to the date hereof until later of (i) the date that is the 18 twenty four (24) month anniversary of the Closing DateDate and (ii) the date as of which the Lead Purchaser beneficially owns less than 500,000 shares of Common Stock, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof such instruments (a “Subsequent Financing”), each the Lead Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) Financing, on the same terms, conditions and price provided for in the Subsequent Financing., in an amount of the Subsequent Financing equal to up to the Participation Maximum. The “

Participation in Future Financing. (a) From the date hereof until the date that is the 18 12 month anniversary of the Closing Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units hereof consideration (a “Subsequent Financing”), subject to the existing participation rights set forth on Schedule 3.1(g)(i), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to a maximum of 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.