Definition of Tennenbaum Additional Permitted Share Purchases


Tennenbaum Additional Permitted Share Purchases means (i) the acquisition by Tennenbaum of 900,000 shares of Common Stock on December 23, 2016 and (ii) one or more transactions (other than in connection with the exercise of the Conversion Right) by Tennenbaum involving Common Stock that result, singly or in the aggregate, in Tennenbaum becoming the Beneficial Owner of up to an additional five percent (5%) of the issued and then outstanding Common Stock over the aggregate amount of Common Stock Tennenbaum Beneficially Owns as a result of and after giving effect to (x) the conversion of Series B Preferred Shares Beneficially Owned by Tennenbaum based on the terms of the Series B Preferred Shares on January 29, 2014 (and as adjusted pursuant to the terms of the Statement of Designation) and (y) its acquisition of 900,000 shares of Common Stock on December 23, 2016."