Common use of Trading Activity Clause in Contracts

Trading Activity. Acquiror Company has not been the subject of any enforcement or other actions which have questioned its compliance with applicable rules (including without limitation Commission rules and regulations) and the applicable trading rules since the inception of its trading on the Over the Counter Bulletin Board in the U.S. (“OTCBB”). To the best of Acquiror Company’s knowledge, its shares are eligible for trading publicly on the OTCBB as of the date of this Agreement. Acquiror Company has received no notice that its common stock is not eligible for quotation and is unaware of any legal encumbrance and contrived encumbrance to suspend, stop or terminate the trading in its shares which could negatively affect its application for being transferred to the Nasdaq National Market in the U.S., provided all substantive listing criteria are otherwise also met by the Company’s business.