Common use of Financial Covenant Required Actual Complies Clause in Contracts

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.20:1.0 ____:1.0 Yes No Maximum EBITDA Loss (to be reported on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(c) of the Agreement. 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.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK USE ONLY Received by: authorized signer Date: Verified: authorized signer Date: Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all timesas indicated: Adjusted Quick Ratio Minimum Tangible Net Worth** (to be tested on the last day of each monthquarterly) 1.20:1.0 $____:1.0 Yes No Maximum EBITDA Loss (to be reported on the last day of each quarter) ___ $* $________ Yes No Liquidity Ratio (at all times) *As set forth in ** Yes No ** See Section 6.7(c6.9(a) and Exhibit A of the Loan Agreement *** See Section 6.9(b) of the Agreement. Loan Agreement 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.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION STEREOTAXIS, INC. STEREOTAXIS INTERNATIONAL, INC. By: Name: Title: BANK USE ONLY Received by: authorized signer _____________________ AUTHORIZED SIGNER Date: _________________________ Verified: authorized signer ________________________ AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes NoNo Schedule 1 to Compliance Certificate

Financial Covenant Required Actual Complies. Maintain at all timesas indicated: Adjusted Quick Ratio (to be tested on Ratio, commencing with the last day of month ending September 30, 2016 and for each month) 1.20:1.0 month thereafter 1.00 : 1.00 ____:_: 1.0 Yes No Minimum Adjusted EBITDA/Maximum Adjusted EBITDA Loss (to be reported on the last day of each quarter) $* $________ Yes No ** As set forth in Section 6.7(c6.9(c) of the Agreement. Agreement 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. Schedule 1 The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MAXPOINT INTERACTIVE, INC. BANK USE ONLY By: Received by: Name: AUTHORIZED SIGNER Title: BANK USE ONLY Received by: authorized signer Date: Verified: authorized signer AUTHORIZED SIGNER Date: Compliance Status: Yes NoNo Schedule 1

Financial Covenant Required Actual Complies. Maintain at all timesas indicated: Adjusted Quick Ratio (to be tested on Ratio, commencing with the last day of month ending September 30, 2016 and for each month) 1.20:1.0 month thereafter 1.00 : 1.00 ____:_: 1.0 Yes No Minimum Adjusted EBITDA/Maximum Adjusted EBITDA Loss (to be reported on the last day of each quarter) $* $________ Yes No ** As set forth in Section 6.7(c6.9(c) of the Agreement. Agreement 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.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MAXPOINT INTERACTIVE, INC. BANK USE ONLY By: Received by: Name: AUTHORIZED SIGNER Title: BANK USE ONLY Received by: authorized signer Date: Verified: authorized signer AUTHORIZED SIGNER Date: Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (Maintain, to be tested monthly, on the last day of each montha trailing three-month basis: Minimum EBITDA (maximum loss) 1.20:1.0 ____:1.0 Yes No Maximum EBITDA Loss (to be reported on the last day of each quarter) $* $________ Yes No *As set forth in See Section 6.7(c6.9(a) of the Agreement. Loan Agreement 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.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION WORLD ENERGY SOLUTIONS, INC. By: ___________________________ Name: _________________________ Title: _________________________ WORLD ENERGY SECURITIES CORP. By: ___________________________ Name: _________________________ Title: __________________________ BANK USE ONLY Received by: ____________________________ authorized signer Date: __________________________________ Verified: ________________________________ authorized signer Date: __________________________________ Compliance Status: Yes NoNo Schedule 1 to Compliance Certificate Financial Covenants of Borrower Dated: ____________________

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.20:1.0 1.50:1.0 ____:1.0 Yes No Maximum EBITDA Loss Tangible Net Worth (to be reported tested on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(c6.7(b) of the Agreement. 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.”") --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain Free Cash Flow (tested quarterly) * $ Yes No Liquidity (at all times: Adjusted Quick Ratio , certified monthly) $17,000,000 $ Yes No * See Section 6.7(a) The following Intellectual Property not previously disclosed to Bank was registered after the Effective Date (to be tested on the last day of each month) 1.20:1.0 if no registrations, state “None”): ____:1.0 Yes No Maximum EBITDA Loss (to be reported on the last day of each quarter) $* $________________________________________________________________________ Yes No *As set forth in Section 6.7(c) of the Agreement. The following financial covenant analyses analysis and other financial 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.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON MATTERSIGHT CORPORATION By: Name: Title: BANK USE ONLY Received by: By: authorized signer Name: Date: Title: Verified: MATTERSIGHT EUROPE HOLDING CORPORATION authorized signer Date: Verified: authorized signer DateBy: Compliance Status: Yes NoNo Name: Title: MATTERSIGHT INTERNATIONAL HOLDING, INC. By: Name: Title:

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.20:1.0 1.05:1.00 ____:1.0 1.00 Yes No Maximum Maintain on a Quarterly Basis: EBITDA Loss (to be reported on the last day of each quarter) $Fiscal Quarter End EBITDA Yes No Each quarter after December 30, 2016* $________ Yes No 1.00 *As set forth in Section 6.7(c) of the Agreement. Measured on a trailing two fiscal quarter basis The following financial covenant analyses analys[is][es] and information set forth in Schedule 1 attached hereto are true and accurate as of the date this Certificate is delivered to Bank as set forth in the first line of this Certificate. ACTIVE 243105611 The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION ADMINISTRATIVE BORROWER: AVIAT NETWORKS, INC. By: Name: Title: BANK USE ONLY Received by: authorized signer _____________________ AUTHORIZED SIGNER Date: _________________________ Verified: authorized signer ________________________ AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes NoNo ACTIVE 243105611 Schedule 1 to Compliance Certificate

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.20:1.0 1.25:1.0 ____:1.0 Yes No Maximum EBITDA Loss Tangible Net Worth (to be reported tested on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(c6.7(b) of the Agreement. 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.”") --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.20:1.0 ____:1.0 Yes No Maximum EBITDA Loss Tangible Net Worth (to be reported tested on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(c6.7(b) of the Agreement. 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.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ CHYRON CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: __________________________ Verified: ________________________ authorized signer Date: ___________________________ Compliance Status: Yes NoNo Schedule 1 to Compliance Certificate

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.20:1.0 ____:1.0 Yes No Maximum EBITDA Loss (to be reported on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(c) of the Agreement. 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.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CHYRONHEGO CORPORATION By: Name: Title: BANK USE ONLY Received by: authorized signer Date: Verified: authorized signer Date: Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.20:1.0 ____:1.0 Yes No Maximum EBITDA Loss (to be reported on the last day of each quarter) $* Minimum Revenue See Schedule 1 $________ Yes No *As set forth in Section 6.7(c) Streamline Period Required Actual Complies Maintain: Liquidity ≥ $80,000,000.00 $_________ Yes No Other Matters Have there been any amendments of or other changes to the Agreement. The following financial covenant analyses capitalization table of Borrower and information set forth in Schedule 1 attached hereto are true and accurate as to the Operating Documents of the date Borrower or any of its Subsidiaries? If yes, provide copies of any such amendments or changes with this Compliance Certificate. Yes No The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK FLEXION THERAPEUTICS, INC. AGENT USE ONLY Received by: authorized signer By: AUTHORIZED SIGNER Name: Title: Date: Verified: authorized signer AUTHORIZED SIGNER Date: Compliance Status: Yes No

Financial Covenant Required Actual Complies. Maintain at all timesas indicated: Minimum Adjusted Quick Ratio (to be tested on the last day of each monthmonthly) 1.20:1.0 1.25:1.00 _____:1.0 1.00 Yes No Profitability/Maximum EBITDA Net Loss (to be reported on the last day of each quartertested quarterly) $* $________ Yes No *As set forth * See Section 6.9(b) Streamline Period Applies Adjusted Quick Ratio > 1.50:1.00 Streamline Period in Section 6.7(c) of the Agreement. Effect Yes No Adjusted Quick Ratio < 1.50:1.00 Streamline Period NOT in Effect 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.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION Astea International Inc., for itself and each other Borrower By: _________________________ Name: _______________________ Title: ________________________ BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No