Common use of Financial Covenant Required Actual Complies Clause in Contracts

Financial Covenant Required Actual Complies. Maintain as indicated: Minimum Revenue * $ Yes No * See Section 6.9(b) Streamline Period - Performance Pricing Applies Adjusted Quick Ratio ³ 1.15:1.00 Prime + 1.50% Yes No Adjusted Quick Ratio < 1.15:1.00 Prime + 2.50% Yes No The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) EndoChoice, Inc., et al. BANK USE ONLY Received by: By: AUTHORIZED SIGNER Name: Date: Title: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No Schedule 1 to Compliance Certificate Financial Covenants of Borrower

Financial Covenant Required Actual Complies. Maintain as indicated: Minimum Revenue * $ Yes No * See Section 6.9(b) Streamline Period - Performance Pricing Applies Adjusted Quick Ratio ³ 1.15:1.00 Prime + 1.501.50 % Yes No Adjusted Quick Ratio < 1.15:1.00 Prime + 2.502.50 % Yes No The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) EndoChoice, Inc., et al. BANK USE ONLY Received by: By: AUTHORIZED SIGNER Name: Date: Title: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No Schedule 1 to Compliance Certificate Financial Covenants of Borrower