Common use of Series of Notes Clause in Contracts

Series of Notes. This Note is one of a series of Subordinated Convertible Promissory Notes containing substantially identical terms and conditions issued pursuant to that certain Subordinated Convertible Note Purchase Agreement, dated as of May [ ], 2022 and amended thereafter (as amended the “Purchase Agreement”). Such Notes are referred to herein as the “Notes,” the holders thereof are referred to herein as the “Holders,” and the Holders of a majority of the aggregate unpaid principal amount of the Notes are referred to herein as the “Requisite Holders.” The Company shall maintain a ledger of all Holders. Capitalized terms not otherwise defined herein have the meaning given them in the Purchase Agreement. All Notes shall rank pari passu in right of repayment.

Series of Notes. This Note is one of a series of Subordinated Convertible Promissory Notes containing substantially identical terms and conditions issued pursuant to that certain Subordinated Convertible Promissory Note and Warrant Purchase AgreementAgreement dated February , dated as of May [ ], 2022 and amended thereafter 2020 (as amended the “Purchase Agreement”). Such Notes are referred to herein as the “Notes,” the holders thereof are referred to herein as the “Holders,” and the Holders of at least a majority of the aggregate unpaid principal amount of the Notes are referred to herein as the “Requisite Majority Holders.,” The Company shall maintain a ledger of all Holders. Capitalized terms not otherwise defined herein have the meaning given them in the Purchase Agreement. All Notes shall rank pari passu in right of repayment.