Common use of Reporting Covenants Required Complies Clause in Contracts

Reporting Covenants Required Complies. Monthly financial statements with Compliance Statement Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Monthly within 30 days Yes No Borrowing Base Statements Monthly within 7 days Yes No Board approved projections FYE within 60 days and as amended/updated Yes No The following Intellectual Property was registered after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________

Reporting Covenants Required Complies. Monthly financial statements with Compliance Statement Certificate Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 150 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Monthly within 30 days Yes No Borrowing Base Statements /Deferred Revenue Report- Monthly within 7 days Yes No Borrowing Base Reports Weekly on Friday of each monthly within 7 days of month end Yes No Board approved projections FYE projections, capitalization table within 60 10 days from board approval and as amended/updated Yes No The following Intellectual Property was registered after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________)

Reporting Covenants Required Complies. Monthly financial Financial statements with Compliance Statement Certificate (“CC”) Monthly within 30 days Yes No Annual financial statements (CPA Audited) )* + CC * If required by Borrower’s Board of Directors FYE within 180 days Annual operating budgets and projections FYE within 60 days and as more frequently updated Borrowing Base Reports; Borrowing Base Certificate Monthly within 30 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger SAAS Metrics Monthly within 30 days Yes No Borrowing Base Statements Monthly within 7 days Yes No Board approved projections FYE within 60 days and as amended/updated Yes No The following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________)

Reporting Covenants Required Complies. Monthly financial statements with Compliance Statement Certificate Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, Agings and general ledger Deferred Revenue Report Monthly within 30 days Yes No Borrowing Base Statements Transaction Report Monthly within 7 30 days Yes No Board Board-approved projections Earlier of FYE within 60 45 days and as amended/updated 10 days of board approval Yes No Notification of registration of Intellectual Property The following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________)

Reporting Covenants Required Complies. Monthly financial statements with Compliance Statement Certificates Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 90 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Agings Monthly within 30 days Yes No Deferred Revenue report Monthly within 30 days Yes No Sell through reports Monthly within 30 days Yes No Borrowing Base Statements Reports Monthly within 7 days Yes No Board approved projections FYE within 60 90 days and as amended/updated Yes No The following Material Intellectual Property was registered after the Effective Closing Date (if no registrations, state “None”) ____________________________________________________________________________)

Reporting Covenants Required Complies. Monthly financial statements with Compliance Statement Certificate Monthly within 30 days Yes No Annual financial statements statement (CPA Audited) FYE + CX XXX within 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Agings Monthly within 30 days Yes No Borrowing Base Statements Transaction Reports Monthly within 7 30 days and each request for an Advance Yes No Projections FYE within 30 days Yes No Board approved projections FYE within 60 days and as amended/updated 409A Report As completed, but at least annually Yes No Capitalization Table As updated, but at least annually Yes No The following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________).

Reporting Covenants Required Complies. Monthly financial statements with Compliance Statement Certificate Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Agings Monthly within 30 days Yes No Borrowing Base Statements Reports, A/R Ledger Agings, Client list Weekly on Friday of each week (when a Streamline Period is not in effect and Advances are outstanding); Monthly within 7 days (when a Streamline Period is in effect or no Advances are outstanding) Yes No Board approved projections FYE within 60 30 days and as amended/updated Yes No The following Intellectual Property was registered after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________No

Reporting Covenants Required Complies. Monthly consolidated and consolidating financial statements with Compliance Statement Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC withSEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Account Debtor listing Monthly within 30 days Yes No Borrowing Base Statements Monthly Recurring Revenue Statement (i) with each request for an Advance and (ii) monthly within 7 30 days Yes No Board approved projections FYE within 60 Earlier of 30 days after Board approval or February 28th and as amended/updated Yes No The 409A Reports At least annually 30 days following Intellectual Property was registered after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________completion Yes No

Reporting Covenants Required Complies. Monthly consolidated and consolidating financial statements with Compliance Statement Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Account Debtor listing Monthly within 30 days Yes No Borrowing Base Statements Monthly Recurring Revenue Statement (i) with each request for an Advance and (ii) monthly within 7 30 days Yes No Board approved projections FYE within 60 Earlier of 30 days after Board approval or February 28th and as amended/updated Yes No The 409A Reports At least annually 30 days following Intellectual Property was registered after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________completion Yes No

Reporting Covenants Required Complies. Monthly financial statements with Compliance Statement Certificate Monthly within 30 days Yes No Annual financial statements statement (CPA Audited) FYE + CX XXX within 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Agings Monthly within 30 days Yes No Borrowing Base Statements Reports Monthly within 7 Business Days and each request for an Advance Yes No Projections FYE within 30 days Yes No Board approved projections FYE within 60 days and as amended/updated 409A Report As completed, but at least annually Yes No Capitalization Table As updated, but at least annually Yes No The following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________).

Reporting Covenants Required Complies. Monthly financial statements with Compliance Statement Certificate Monthly within 30 days Yes No Annual financial statements statement (CPA Audited) FYE + CX XXX within 180 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings, along with reconciliations, detailed debtor report, and general ledger Agings Monthly within 30 days Yes No Borrowing Base Statements Reports Monthly within 7 Business Days and with each request for an Advance Yes No Projections FYE within 30 days Yes No Board approved projections FYE within 60 days and as amended/updated 409A Report As completed, but at least annually Yes No Capitalization Table As updated, but at least annually Yes No The following Intellectual Property was registered (or a registration application submitted) after the Effective Date (if no registrations, state “None”) ____________________________________________________________________________).