{"id":41281,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/secured-convertible-note-purchase-agreement-accrue-software.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"secured-convertible-note-purchase-agreement-accrue-software","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/finance\/secured-convertible-note-purchase-agreement-accrue-software.html","title":{"rendered":"Secured Convertible Note Purchase Agreement &#8211; Accrue Software"},"content":{"rendered":"<p align=\"CENTER\">ACCRUE SOFTWARE, INC.<\/p>\n<\/p>\n<\/p>\n<p align=\"CENTER\">SECURED CONVERTIBLE NOTE<\/p>\n<p align=\"CENTER\">PURCHASE AGREEMENT<\/p>\n<\/p>\n<\/p>\n<p align=\"CENTER\">February 4, 2003<\/p>\n<p align=\"CENTER\">ACCRUE SOFTWARE, INC.<\/p>\n<p><strong> <u> <\/u><\/strong><\/p>\n<p align=\"CENTER\">SECURED CONVERTIBLE NOTE<\/p>\n<p><strong><u> <\/u><\/strong><\/p>\n<p align=\"CENTER\">PURCHASE AGREEMENT<\/p>\n<p><strong><u> <\/u><\/strong><\/p>\n<p align=\"JUSTIFY\">This Secured Convertible Note Purchase Agreement (the<br \/>\n&#8220;<u>Agreement<\/u>&#8220;) is made as of the 4th day of February, 2003 by and between<br \/>\nAccrue Software, Inc., a Delaware corporation (the &#8220;<u>Company<\/u>&#8220;) and each of<br \/>\nthe purchasers listed on <u>Exhibit  A<\/u> attached to this Agreement (each a<br \/>\n&#8220;<u>Purchaser<\/u>&#8221; and together the &#8220;<u>Purchasers<\/u>&#8220;).<\/p>\n<p><strong><u> <\/u><\/strong><\/p>\n<p align=\"CENTER\">RECITALS<\/p>\n<p><strong><u> <\/u><\/strong><\/p>\n<p align=\"JUSTIFY\">The Company desires to issue and sell, and each Purchaser<br \/>\ndesires to purchase, a secured convertible promissory note in substantially the<br \/>\nform attached to this Agreement as <u>Exhibit B<\/u> (the &#8220;<u>Note<\/u>&#8220;) which<br \/>\nshall be convertible on the terms stated therein into equity securities of the<br \/>\nCompany. The Notes and the equity securities issuable upon conversion thereof<br \/>\n(and the securities issuable upon conversion of such equity securities) are<br \/>\ncollectively referred to herein as the &#8220;<u>Securities<\/u>.&#8221;<\/p>\n<p><strong><u> <\/u><\/strong><\/p>\n<p align=\"CENTER\">AGREEMENT<\/p>\n<p><strong><u> <\/u><\/strong><\/p>\n<p align=\"JUSTIFY\">In consideration of the mutual promises contained herein and<br \/>\nother good and valuable consideration, receipt of which is hereby acknowledged,<br \/>\nthe parties to this Agreement agree as follows:<\/p>\n<p align=\"JUSTIFY\">1. <strong><u>Purchase and Sale of Notes<\/u>.<\/strong><\/p>\n<p align=\"JUSTIFY\">(a) <strong><u>Sale and Issuance of Notes<\/u>.<\/strong><br \/>\nSubject to the terms and conditions of this Agreement, each Purchaser agrees to<br \/>\npurchase at the Closing (as defined below) and the Company agrees to sell and<br \/>\nissue to each Purchaser a Note in the principal amount set forth opposite such<br \/>\nPurchaser&#8217;s name on <u>Exhibit A<\/u>. The purchase price of each Note shall be<br \/>\nequal to 100% of the principal amount of such Note. The Company&#8217;s agreements<br \/>\nwith each of the Purchasers are separate agreements, and the sales of the Notes<br \/>\nto each of the Purchasers are separate sales, subject to Section 6(c) hereof.\n<\/p>\n<p align=\"JUSTIFY\">(b) <strong><u>Closing; Delivery<\/u>. <\/strong><\/p>\n<p align=\"JUSTIFY\">(i) The purchase and sale of the Notes shall take place at<br \/>\nthe offices of Venture Law Group, a Professional Corporation, 2775 Sand Hill<br \/>\nRoad, Menlo Park, California, at 10:00 a.m., on February 4th, 2003, or at such<br \/>\nother time and place as the Company and the Purchasers mutually agree upon,<br \/>\norally or in writing (which time and place are designated as the &#8220;<u>Initial<br \/>\nClosing<\/u>&#8220;). In the event there is more than one closing, the term &#8220;Closing&#8221;<br \/>\nshall apply to each such closing, unless otherwise specified herein.<\/p>\n<p align=\"JUSTIFY\">(ii) At each Closing, the Company shall deliver to each<br \/>\nPurchaser the Note to be purchased by such Purchaser against (1) payment of the<br \/>\npurchase price therefor by check payable to the Company or by wire transfer to a<br \/>\nbank designated by the Company, (2) delivery of counterpart signature pages to<br \/>\nthis Agreement and the Note, and (3) delivery of a validly completed and<br \/>\nexecuted IRS Form W-8 BEN or IRS Form W-9, as applicable, establishing such<br \/>\nPurchaser&#8217;s exemption from withholding tax, which forms are attached to this<br \/>\nAgreement as <u>Exhibit C<\/u>.<\/p>\n<p align=\"JUSTIFY\">(iii) Until the earlier of (A) such time as the aggregate<br \/>\namount of principal indebtedness evidenced by the Notes equals a total of<br \/>\n$810,000, or (B) the date 150 days from the date hereof, the Company may sell<br \/>\nadditional Notes to such persons or entities as determined by the Company, or to<br \/>\nany Purchaser who desires to acquire additional Notes. All such sales shall be<br \/>\nmade on the terms and conditions set forth in this Agreement. For purposes of<br \/>\nthis Agreement, and all other agreements contemplated hereby, any additional<br \/>\npurchaser so acquiring Notes shall be deemed to be a &#8220;Purchaser&#8221; for purposes of<br \/>\nthis Agreement, and any notes so acquired by such additional purchaser shall be<br \/>\ndeemed to be &#8220;Notes&#8221; and &#8220;Securities&#8221; as applicable.<\/p>\n<p align=\"JUSTIFY\">2.<strong> <u>Stock Purchase Agreement<\/u>. <\/strong>Each<br \/>\nPurchaser understands and agrees that the conversion of the Notes into equity<br \/>\nsecurities of the Company in connection with a proposed equity financing of the<br \/>\nCompany will require such Purchaser&#8217;s execution of certain agreements relating<br \/>\nto the purchase and sale of such securities as well as any rights relating to<br \/>\nsuch equity securities.<\/p>\n<p align=\"JUSTIFY\">3.<strong> <u>Security Interest<\/u>. <\/strong>The<br \/>\nindebtedness represented by the Notes shall be secured by certain of the assets<br \/>\nof the Company and its direct and indirect United States subsidiaries (the<br \/>\n&#8220;<u>Collateral<\/u>&#8220;) in accordance with the provisions of the Note.<\/p>\n<p align=\"JUSTIFY\">4. <strong><u>Representations and Warranties of the<br \/>\nCompany<\/u><\/strong>. The Company hereby represents and warrants to, and<br \/>\ncovenants with, the Purchasers, as follows:<\/p>\n<p align=\"JUSTIFY\">(a) <strong><u>Organization, Good Standing and<br \/>\nQualification<\/u>.<\/strong> The Company is a corporation duly organized, validly<br \/>\nexisting and in good standing under the laws of the State of Delaware and has<br \/>\nall requisite corporate power and authority to carry on its business as now<br \/>\nconducted and as proposed to be conducted. The Company is duly qualified to<br \/>\ntransact business and is in good standing in each jurisdiction in which the<br \/>\nfailure so to qualify would have a material adverse effect on its business,<br \/>\nfinancial condition or properties (a &#8220;<u>Material Adverse Effect<\/u>&#8220;).<\/p>\n<p align=\"JUSTIFY\">(b) <strong><u>Authorization<\/u>.<\/strong> The Agreement and<br \/>\nthe Notes, and the Common Stock issuable upon conversion of the Notes, have been<br \/>\nduly authorized by the Board of Directors of the Company. The Agreement and the<br \/>\nNotes, when executed and delivered by the Company, shall constitute valid and<br \/>\nlegally binding obligations of the Company, enforceable against the Company in<br \/>\naccordance with their respective terms except as limited by applicable<br \/>\nbankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, and<br \/>\nother laws of general application affecting enforcement of creditors&#8217; rights<br \/>\ngenerally, as limited by laws relating to the availability of specific<br \/>\nperformance, injunctive relief, or other equitable remedies.<\/p>\n<p align=\"JUSTIFY\">(c) <strong><u>Non-Contravention<\/u>. <\/strong>The execution<br \/>\nand delivery of this Agreement, the issuance and sale of the Notes (and the<br \/>\nstock issuable upon conversion of the Notes), to be sold by the Company under<br \/>\nthis Agreement, the fulfillment of the terms of this Agreement and the<br \/>\nconsummation of the transactions contemplated hereby will not (A) conflict with<br \/>\nor constitute a violation of, or default (with the passage of time or otherwise)<br \/>\nunder, (i) any material bond, debenture, note or other evidence of indebtedness,<br \/>\nor any material lease, contract, indenture, mortgage, deed of trust, loan<br \/>\nagreement, joint venture or other agreement or instrument to which the Company<br \/>\nis a party or by which it or its property is bound, (ii) the certificate of<br \/>\nincorporation, by-laws or other organizational documents of the Company, or<br \/>\n(iii) any law, administrative regulation, ordinance or order of any court or<br \/>\ngovernmental agency, arbitration panel or authority binding as of the Closing<br \/>\nupon the Company or its property which is reasonably likely to result in a<br \/>\nMaterial Adverse Effect. No consent, approval, authorization or other order of,<br \/>\nor registration, qualification or filing with, any regulatory body,<br \/>\nadministrative agency, or other governmental body in the United States is<br \/>\nrequired for the execution and delivery of this Agreement and the valid issuance<br \/>\nand sale of the Notes to be sold pursuant to this Agreement, other than such as<br \/>\nhave been made or obtained, and except for any securities filings required to be<br \/>\nmade under federal or state securities laws or the requirements of the National<br \/>\nAssociation of Securities Dealers, Inc. and which may be required to be made<br \/>\nafter the Closing. For purposes of clauses (i) and (iii) of this paragraph (c),<br \/>\n&#8220;the Company&#8221; shall be deemed to include all direct and indirect United States<br \/>\nsubsidiaries of the Company.<\/p>\n<p align=\"JUSTIFY\"><a name=\"_Toc25400958\">(d)<br \/>\n<strong><u>Capitalization<\/u><\/strong><\/a><strong>. <\/strong>The capitalization<br \/>\nof the Company is described in the Company&#8217;s filings (the &#8220;<u>SEC<br \/>\nDocuments<\/u>&#8220;) with the Securities and Exchange Commission (the &#8220;SEC&#8221;) as of<br \/>\nthe dates set forth therein. The Company has not issued any capital stock since<br \/>\nSeptember 21, 2000, other than pursuant to employee benefit plans disclosed in<br \/>\nthe Company&#8217;s SEC Documents. Except as set forth in or contemplated by the<br \/>\nCompany&#8217;s SEC Documents, there are no outstanding rights (including, without<br \/>\nlimitation, preemptive rights), warrants or options to acquire, or instruments<br \/>\nconvertible into or exchangeable for, any unissued shares of capital stock or<br \/>\nother equity interest in the Company, or any contract, commitment, agreement,<br \/>\nunderstanding or arrangement of any kind to which the Company is a party and<br \/>\nrelating to the issuance or sale of any capital stock of the Company, any such<br \/>\nconvertible or exchangeable securities or any such rights, warrants or options.<br \/>\nNo preemptive right, co-sale right, registration right or limitation or<br \/>\nrestriction on granting the registration rights set forth in Section 10 hereof,<br \/>\nright of first refusal or other similar right exists (or has not been waived)<br \/>\nwith respect to the issuance and sale of the Notes.<\/p>\n<p align=\"JUSTIFY\"><a name=\"_Toc25400959\">(e) <strong><u>Legal<br \/>\nProceedings<\/u><\/strong><\/a>. There is no legal or governmental proceeding<br \/>\npending, or, to the knowledge of the Company, threatened, to which the Company<br \/>\nor any subsidiary of the Company is a party or of which the business or property<br \/>\nof the Company or any subsidiary of the Company is subject that is not disclosed<br \/>\nin the Company&#8217;s SEC Documents, which is reasonably likely to result in a<br \/>\nMaterial Adverse Effect.<\/p>\n<p align=\"JUSTIFY\">(f) <strong><u>No Violations<\/u><\/strong>. The Company is not<br \/>\nin violation of its certificate of incorporation, bylaws or other organizational<br \/>\ndocument, or, except as otherwise described in the SEC Documents, violation of<br \/>\nany law, administrative regulation, ordinance or order of any court or<br \/>\ngovernmental agency, arbitration panel or authority applicable to the Company,<br \/>\nwhich violation, individually or in the aggregate, has had, or would be<br \/>\nreasonably likely to have, a Material Adverse Effect, and the Company is not in<br \/>\ndefault (and there exists no condition which, with the passage of time or<br \/>\notherwise, would constitute a material default) in the performance of any bond,<br \/>\ndebenture, note or any other evidence of indebtedness in any indenture,<br \/>\nmortgage, deed of trust or any other agreement or instrument to which the<br \/>\nCompany is a party or by which the Company is bound or by which the property of<br \/>\nthe Company is bound, which has had, or would be reasonably likely to have,<br \/>\nindividually or in the aggregate, a Material Adverse Effect. For purposes of<br \/>\nthis paragraph (f), &#8220;the Company&#8221; shall be deemed to include all direct and<br \/>\nindirect subsidiaries of the Company.<\/p>\n<p align=\"JUSTIFY\"><a name=\"_Ref24185105\">(g) <strong><u>Reporting<br \/>\nStatus<\/u><\/strong><\/a><strong>. <\/strong>The Company has filed all reports,<br \/>\nschedules, registration statements, forms and other documents required to be<br \/>\nfiled by the Company with the SEC, including those that the Company may file<br \/>\nwith the SEC after the date of this Agreement until the Closing (&#8220;<u>SEC<br \/>\nFilings<\/u>&#8220;) required to be filed as of the date hereof. The SEC Filings (i)<br \/>\nwere or will be filed on a timely basis, (ii) at the time filed, were or will be<br \/>\nprepared in compliance in all material respects with the applicable requirements<br \/>\nof the Securities Act and the Exchange Act, as the case may be, and the rules<br \/>\nand regulations of the SEC thereunder applicable to such SEC Filings, and (iii)<br \/>\ndid not or will not at the time they were or are filed contain any untrue<br \/>\nstatement of a material fact or omit to state a material fact required to be<br \/>\nstated in such SEC Filings or necessary in order to make the statements in such<br \/>\nSEC Filings, in the light of the circumstances under which they were made, not<br \/>\nmisleading.<\/p>\n<p align=\"JUSTIFY\">(h) <strong><u>Collateral<\/u><\/strong>. The Company and each<br \/>\nof its direct and indirect United States subsidiaries has good title to the<br \/>\nCollateral, free of any Liens except Permitted Liens. This Agreement creates in<br \/>\nfavor of the Purchasers a valid security interest in all of the Company&#8217;s right,<br \/>\ntitle and interest in and to the Collateral, and upon the filing of appropriate<br \/>\nUCC financing statements with the Delaware Secretary of State, the Purchasers&#8217;<br \/>\nsecurity interest hereunder and under the Notes will be duly perfected in all of<br \/>\nthe Collateral in which a security interest may be perfected by such filing.\n<\/p>\n<p align=\"JUSTIFY\">5. <strong><u>Representations and Warranties of the<br \/>\nPurchasers<\/u>.<\/strong> Each Purchaser hereby represents and warrants to the<br \/>\nCompany that:<\/p>\n<p align=\"JUSTIFY\">(a) <strong><u>Authorization<\/u>. <\/strong>Such Purchaser has<br \/>\nfull power and authority to enter into this Agreement. This Agreement, when<br \/>\nexecuted and delivered by the Purchaser, will constitute a valid and legally<br \/>\nbinding obligation of the Purchaser, enforceable in accordance with its terms,<br \/>\nexcept as limited by applicable bankruptcy, insolvency, reorganization,<br \/>\nmoratorium, fraudulent conveyance, and any other laws of general application<br \/>\naffecting enforcement of creditors&#8217; rights generally, and as limited by laws<br \/>\nrelating to the availability of a specific performance, injunctive relief, or<br \/>\nother equitable remedies.<\/p>\n<p align=\"JUSTIFY\">(b) <strong><u>Purchase Entirely for Own<br \/>\nAccount<\/u>.<\/strong> This Agreement is made with the Purchaser in reliance upon<br \/>\nthe Purchaser&#8217;s representation to the Company, which by the Purchaser&#8217;s<br \/>\nexecution of this Agreement, the Purchaser hereby confirms, that the Securities<br \/>\nto be acquired by the Purchaser will be acquired for investment for the<br \/>\nPurchaser&#8217;s own account, not as a nominee or agent, and not with a view to the<br \/>\nresale or distribution of any part thereof, and that the Purchaser has no<br \/>\npresent intention of selling, granting any participation in, or otherwise<br \/>\ndistributing the same. By executing this Agreement, the Purchaser further<br \/>\nrepresents that the Purchaser does not presently have any contract, undertaking,<br \/>\nagreement or arrangement with any person to sell, transfer or grant<br \/>\nparticipations to such person or to any third person, with respect to any of the<br \/>\nSecurities. The Purchaser has not been formed for the specific purpose of<br \/>\nacquiring any of the Securities.<\/p>\n<p align=\"JUSTIFY\">(c) <strong><u>Knowledge<\/u>.<\/strong> The Purchaser is aware<br \/>\nof the Company&#8217;s business affairs and financial condition and has acquired<br \/>\nsufficient information about the Company to reach an informed and knowledgeable<br \/>\ndecision to acquire the Securities.<\/p>\n<p align=\"JUSTIFY\">(d) <strong><u>Restricted Securities<\/u>.<\/strong> The<br \/>\nPurchaser understands that the Securities have not been, and will not be,<br \/>\nregistered under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;),<br \/>\nby reason of a specific exemption from the registration provisions of the<br \/>\nSecurities Act which depends upon, among other things, the bona fide nature of<br \/>\nthe investment intent and the accuracy of the Purchaser&#8217;s representations as<br \/>\nexpressed herein. The Purchaser understands that the Securities are &#8220;restricted<br \/>\nsecurities&#8221; under applicable U.S. federal and state securities laws and that,<br \/>\npursuant to these laws, the Purchaser must hold the Securities indefinitely<br \/>\nunless they are registered with the Securities and Exchange Commission and<br \/>\nqualified by state authorities, or an exemption from such registration and<br \/>\nqualification requirements is available. The Purchaser acknowledges that, except<br \/>\nas expressly set forth herein, the Company has no obligation to register or<br \/>\nqualify the Securities for resale. The Purchaser further acknowledges that if an<br \/>\nexemption from registration or qualification is available, it may be conditioned<br \/>\non various requirements including, but not limited to, the time and manner of<br \/>\nsale, the holding period for the Securities, and on requirements relating to the<br \/>\nCompany which are outside of the Purchaser&#8217;s control, and which the Company is<br \/>\nunder no obligation and may not be able to satisfy.<\/p>\n<p align=\"JUSTIFY\">(e) <strong><u>Not a Listed Security<\/u>.<\/strong> The<br \/>\nPurchaser understands that the Company&#8217;s stock is not listed on a national<br \/>\nsecurities exchange, and that the Company has made no assurances that the<br \/>\nCompany&#8217;s stock will ever be traded on a national securities exchange.<\/p>\n<p align=\"JUSTIFY\">(f) <strong><u>Legends<\/u>.<\/strong> The Purchaser<br \/>\nunderstands that the Securities, and any securities issued in respect thereof or<br \/>\nexchange therefor, may bear one or all of the following legends:<\/p>\n<p align=\"JUSTIFY\">(i) &#8220;THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT<br \/>\nBEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED FOR<br \/>\nINVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR<br \/>\nDISTRIBUTION THEREOF. EXCEPT IN COMPLIANCE WITH RULE 144 PROMULGATED UNDER THE<br \/>\nSECURITIES ACT OF 1933 OR ANY OTHER AVAILABLE EXEMPTION FROM REGISTRATION, NO<br \/>\nSUCH SALE OR DISTRIBUTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION<br \/>\nSTATEMENT RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE<br \/>\nCOMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF<br \/>\n1933.&#8221;<\/p>\n<p>(ii) THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE HELD BY A PERSON WHO<br \/>\nMAY BE DEEMED TO BE AN AFFILIATE OF THE ISSUER FOR PURPOSES OF RULE 144<br \/>\nPROMULGATED UNDER THE ACT.<\/p>\n<p>(iii) Any legend required by the Blue Sky laws of any state to the extent<br \/>\nsuch laws are applicable to the shares represented by the certificate so<br \/>\nlegended.<\/p>\n<p align=\"JUSTIFY\">(g) <strong><u>Accredited Investor<\/u>. <\/strong>The<br \/>\nPurchaser is an accredited investor as defined in Rule 501(a) of Regulation D<br \/>\npromulgated under the Securities Act.<\/p>\n<p align=\"JUSTIFY\"><strong>(<\/strong>h<strong>) <u>Foreign<br \/>\nInvestors<\/u>.<\/strong> If a Purchaser is not a United States person (as defined<br \/>\nby Rule 902(k) under the Securities Act), such Purchaser hereby represents that<br \/>\nit has satisfied itself as to the full observance of the laws of its<br \/>\njurisdiction in connection with any invitation to subscribe for the Securities<br \/>\nor any use of this Agreement, including (i) the legal requirements within its<br \/>\njurisdiction for the purchase of the Securities, (ii) any foreign exchange<br \/>\nrestrictions applicable to such purchase, (iii) any governmental or other<br \/>\nconsents that may need to be obtained and (iv) the income tax and other tax<br \/>\nconsequences, if any, that may be relevant to the purchase, holding, redemption,<br \/>\nsale or transfer of the Securities. Such Purchaser&#8217;s subscription and payment<br \/>\nfor, and his or her continued beneficial ownership of the Securities, will not<br \/>\nviolate any applicable securities or other laws of Purchaser&#8217;s jurisdiction.<br \/>\nSuch Purchaser also hereby represents that such Purchaser is not a &#8220;10-percent<br \/>\nshareholder&#8221; as defined in Section 871(h) of the Internal Revenue Code of 1986,<br \/>\nas amended.<\/p>\n<p align=\"JUSTIFY\">6. <strong><u>Conditions of the Purchasers&#8217; Obligations at<br \/>\nClosing<\/u>.<\/strong> The obligations of each Purchaser to the Company under<br \/>\nthis Agreement are subject to the fulfillment, on or before the Closing, of each<br \/>\nof the following conditions, unless otherwise waived:<\/p>\n<p align=\"JUSTIFY\">(a) <strong><u>Representations and Warranties<\/u>.<\/strong><br \/>\nThe representations and warranties of the Company contained in Section  4 shall<br \/>\nbe true on and as of the Closing with the same effect as though such<br \/>\nrepresentations and warranties had been made on and as of the date of the<br \/>\nClosing.<\/p>\n<p align=\"JUSTIFY\">(b) <strong><u>Qualifications<\/u>.<\/strong> All<br \/>\nauthorizations, approvals or permits, if any, of any governmental authority or<br \/>\nregulatory body of the United States or of any state that are required in<br \/>\nconnection with the lawful issuance and sale of the Securities pursuant to this<br \/>\nAgreement shall be obtained and effective as of the Closing.<\/p>\n<p align=\"JUSTIFY\">(c) <strong><u>Minimum Amount<\/u>. <\/strong>A minimum of<br \/>\n$500,000 aggregate principal amount of the Notes shall be purchased by the<br \/>\nPurchasers at the initial Closing under this Agreement.<\/p>\n<p align=\"JUSTIFY\">7. <strong><u>Conditions of the Company&#8217;s Obligations at<br \/>\nClosing<\/u>.<\/strong> The obligations of the Company to each Purchaser under<br \/>\nthis Agreement are subject to the fulfillment, on or before the Closing, of each<br \/>\nof the following conditions, unless otherwise waived:<\/p>\n<p align=\"JUSTIFY\">(a) <strong><u>Representations and Warranties<\/u>.<\/strong><br \/>\nThe representations and warranties of each Purchaser contained in Section  5<br \/>\nshall be true on and as of the Closing with the same effect as though such<br \/>\nrepresentations and warranties had been made on and as of the Closing.<\/p>\n<p align=\"JUSTIFY\">(b) <strong><u>Qualifications<\/u>.<\/strong> All<br \/>\nauthorizations, approvals or permits, if any, of any governmental authority or<br \/>\nregulatory body of the United States or of any state that are required in<br \/>\nconnection with the lawful issuance and sale of the Securities pursuant to this<br \/>\nAgreement shall be obtained and effective as of the Closing.<\/p>\n<p align=\"JUSTIFY\">(c) <strong><u>Delivery of Form W-8 BEN or Form<br \/>\nW-9<\/u><\/strong>. Each Purchaser shall have completed and delivered to the<br \/>\nCompany a validly executed IRS Form W-8 BEN or IRS Form W-9, as applicable,<br \/>\nestablishing such Purchaser&#8217;s exemption from withholding tax.<\/p>\n<p>8. <strong><u>Covenants of the Company<\/u><\/strong>.<\/p>\n<p>(a) <strong>Negative <u>Covenants<\/u><\/strong>. Until the earlier to occur of<br \/>\nthe conversion or repayment in full of the Notes, the Company shall not do any<br \/>\nof the following without the prior written consent of Purchasers holding a<br \/>\nmajority of the outstanding principal amount of the Notes, which consent will<br \/>\nnot be unreasonably withheld or delayed:<\/p>\n<p>(i) <strong><u>Secured Indebtedness<\/u>.<\/strong> Create, incur, assume, or<br \/>\nbe liable for any secured Indebtedness which is senior in right of payment to<br \/>\nthe Notes other than Permitted Indebtedness or Permitted Senior Indebtedness.\n<\/p>\n<p>(ii) <strong><u>Liens<\/u>.<\/strong> Create, incur, or allow any Lien on any<br \/>\nof its property, except for Permitted Liens.<\/p>\n<p>(iii) <strong><u>Dividends and Distributions<\/u>.<\/strong> Pay any dividends<br \/>\nor make any distribution or payment other than dividends payable solely in the<br \/>\nCompany&#8217;s Common Stock or redeem, retire or purchase any capital stock except<br \/>\nfor repurchases of stock from former employees, consultants, or directors of<br \/>\nCompany under the terms of applicable repurchase agreements, provided that no<br \/>\nEvent of Default (as defined in the Notes) has occurred, is continuing or would<br \/>\nexist after giving effect to the repurchases.<\/p>\n<p>(b)<strong> Affirmative Covenants.<\/strong><\/p>\n<p align=\"JUSTIFY\">(i) <strong><u>Registration of Intellectual Property<\/u>.<br \/>\n<\/strong>The Company shall, within a period of thirty (30) days following the<br \/>\ninitial Closing, file with the U.S. Copyright Office (the &#8220;<u>CO<\/u>&#8220;)<br \/>\nregistrations with respect to all material copyrights of the Company, provided<br \/>\nthat the legal, registration and other related costs and expenses associated<br \/>\nwith such registrations and filings do not exceed $2,000 in the aggregate. With<br \/>\nrespect to any registrations so filed, the Company shall also concurrently make<br \/>\nsuch filings as are required such that the Purchasers have a first priority<br \/>\nsecurity interest in such copyrights (subject to Permitted Liens created to<br \/>\nsecure Senior Permitted Indebtedness). At the request of the Purchasers holding<br \/>\na majority of the outstanding principal amount of the Notes, the Company shall<br \/>\nalso take commercially reasonable actions to register any additional copyrights<br \/>\ndeveloped or acquired hereafter with the CO.<\/p>\n<p align=\"JUSTIFY\">(ii) <strong><u>Perfection of Security Interest<\/u>.<\/strong><br \/>\nThe Company shall file any amendments to UCC-1 financing statements or filings<br \/>\nwith the CO and PTO, and shall make new filings, as are required in order to<br \/>\nperfect the Purchasers&#8217; security interest in the Collateral (including<br \/>\nCollateral developed or acquired hereafter), including without limitation as<br \/>\nrequired upon the reorganization of the Company under the laws of a jurisdiction<br \/>\nother than the State of Delaware.<\/p>\n<p align=\"JUSTIFY\">(iii) <strong><u>Preservation of Collateral<\/u>.<\/strong><br \/>\nThe Company shall keep all of its inventory in good and marketable condition,<br \/>\nfree from material defects. Returns and allowances between the Company and its<br \/>\naccount debtors will follow the Company&#8217;s customary practices in the ordinary<br \/>\ncourse of business.<\/p>\n<p align=\"JUSTIFY\">(iv) <strong><u>Additional Closings<\/u>.<\/strong> The Company<br \/>\nshall use reasonable efforts to sell the remaining amount of Notes authorized<br \/>\nfor sale hereunder ($810,000 less the principal amount of Notes sold in the<br \/>\nInitial Closing) within the time period provided by Section 1(b) hereof<br \/>\n(provided, however, that the Company shall not be required to sell Notes in any<br \/>\ntransaction that would not comply with applicable law).<\/p>\n<p align=\"JUSTIFY\">(c) <strong><u>Certain Definitions<\/u><\/strong>. As used in<br \/>\nthis Agreement, the following capitalized terms have the following meanings:\n<\/p>\n<p align=\"JUSTIFY\">(i) &#8220;<u>Indebtedness<\/u>&#8221; shall mean indebtedness owed by the<br \/>\nCompany to banks, commercial finance lenders, insurance companies, leasing or<br \/>\nequipment financing institutions, lending institutions or any other parties,<br \/>\nwhich is for money borrowed or the deferred purchase price or leasing of<br \/>\nequipment, whether or not secured.<\/p>\n<p align=\"JUSTIFY\">(ii) &#8220;<u>Lien<\/u>&#8221; shall mean, with respect to any asset or<br \/>\nproperty of the Company, any security interest, mortgage, pledge, lien, claim,<br \/>\ncharge or other encumbrance in, of, or on such property or the income therefrom,<br \/>\nincluding, without limitation, the interest of a vendor or lessor under a<br \/>\nconditional sale agreement, capital lease or other title retention agreement, or<br \/>\nany agreement to provide any of the foregoing, and the filing of any financing<br \/>\nstatement or similar instrument under the Uniform Commercial Code or comparable<br \/>\nlaw of any jurisdiction.<\/p>\n<p align=\"JUSTIFY\">(iii) &#8220;<u>Permitted Indebtedness<\/u>&#8221; shall mean: (i)<br \/>\nIndebtedness to trade creditors incurred in the ordinary course of business;<br \/>\n(ii) Indebtedness secured by Permitted Liens; (v) Indebtedness of Company to any<br \/>\nof its subsidiaries; (iii) Indebtedness which is first applied to fully pay all<br \/>\namounts due under the Notes; and (iv) extensions, refinancings, modifications,<br \/>\namendments and restatements of any items of Permitted Indebtedness set forth<br \/>\nabove, provided that the principal amount thereof is not increased or the terms<br \/>\nthereof are not modified to impose more burdensome terms upon Company, as the<br \/>\ncase may be.<\/p>\n<p>(iv) &#8220;<u>Permitted Senior Indebtedness<\/u>&#8221; shall mean Indebtedness secured<br \/>\nby the Permitted Liens described in subsections (iv), (v), (x) and (xii) of the<br \/>\ndefinition of Permitted Liens.<\/p>\n<p align=\"JUSTIFY\">(v) &#8220;<u>Permitted Liens<\/u>&#8221; means (i)  Liens for taxes not<br \/>\nyet delinquent or Liens for taxes being contested in good faith and by<br \/>\nappropriate proceedings for which adequate reserves have been established;<br \/>\n(ii)  Liens in respect of property or assets imposed by law which were incurred<br \/>\nin the ordinary course of business, such as carriers&#8217;, warehousemen&#8217;s,<br \/>\nmaterialmen&#8217;s and mechanics&#8217; Liens and other similar Liens arising in the<br \/>\nordinary course of business which are not delinquent or remain payable without<br \/>\npenalty or which are being contested in good faith and by appropriate<br \/>\nproceedings; (iii)  Liens incurred or deposits made in the ordinary course of<br \/>\nbusiness in connection with workers&#8217; compensation, unemployment insurance and<br \/>\nother types of social security, statutory obligations, contract bids, government<br \/>\ncontracts, performance and return of money bonds and other similar obligations,<br \/>\nincurred in the ordinary course of business, whether pursuant to statutory<br \/>\nrequirements, common law or consensual arrangements; (iv)  Liens securing<br \/>\nobligations under a capital lease if such Liens do not extend to property other<br \/>\nthan the property leased under such capital lease; (v)  Liens upon any equipment<br \/>\nor other property acquired or held by Company or any of its subsidiaries to<br \/>\nsecure the purchase price of such equipment or other property or Indebtedness<br \/>\nincurred solely for the purpose of financing the acquisition of such equipment<br \/>\nor other property, so long as such Lien extends only to the equipment or other<br \/>\nproperty financed, and any accessions, replacements, substitutions and proceeds<br \/>\n(including insurance proceeds) thereof or thereto; (vi)  Liens in favor of<br \/>\ncustoms and revenue authorities arising as a matter of law to secure payments of<br \/>\ncustoms duties in connection with the importation of goods; (vii)  Liens which<br \/>\nconstitute rights of setoff of a customary nature or banker&#8217;s liens, whether<br \/>\narising by law or by contract; (viii)  Leases or subleases and licenses or<br \/>\nsublicenses granted in the ordinary course of Company&#8217;s business; (ix) Liens<br \/>\nsecuring Indebtedness which is first applied to fully pay all amounts due under<br \/>\nthe Notes; (x) Liens securing indebtedness of a Person (other than an existing<br \/>\nsubsidiary of the Company) existing at the time such Person becomes a subsidiary<br \/>\nof the Company or is merged with or into the Company or a subsidiary of the<br \/>\nCompany or Liens securing Indebtedness incurred in connection with an<br \/>\nacquisition, merger or consolidation; <u>provided<\/u>, that such Liens were in<br \/>\nexistence prior to the date of such acquisition, merger or consolidation, were<br \/>\nnot incurred in anticipation thereof, and do not extend to any other assets;<br \/>\n(xi) Liens which are expressly subordinate to the Notes; and (xii) Liens upon<br \/>\nproperty or assets purchased or otherwise acquired for consideration after the<br \/>\ndate hereof that do not extend to any other property or assets except those<br \/>\npurchased or otherwise acquired; provided that, with respect to clauses (x)(but<br \/>\nonly if the primary purpose of such acquisition, merger or consolidation is<br \/>\ncapital raising) and (xii) above, the Company&#8217;s consolidated net tangible assets<br \/>\nare equal to or greater than 250% of the Company&#8217;s aggregate secured<br \/>\nindebtedness (including the Notes and the proposed secured indebtedness to be<br \/>\nsecured by such Liens).<\/p>\n<p align=\"JUSTIFY\">(vi) &#8220;Person&#8221; means any corporation, individual, limited<br \/>\nliability company, joint stock company, joint venture, partnership,<br \/>\nunincorporated association, governmental regulatory entity, country, state or<br \/>\npolitical subdivision thereof, trust, municipality or other entity.<\/p>\n<p>9. <strong><u>Covenant of the Holders<\/u><\/strong>.<\/p>\n<p>(a) <strong><u>Further Assurances<\/u><\/strong>. At any time and from time to<br \/>\ntime, upon the written request of the Company and at the Company&#8217;s expense, the<br \/>\nHolders will promptly and duly authenticate and deliver such instruments and<br \/>\ndocuments and take such further action as the Company may reasonably request for<br \/>\nthe purpose of enabling the Company to incur Permitted Indebtedness and Senior<br \/>\nPermitted Indebtedness and otherwise preserving such rights under this Agreement<br \/>\nincluding, without limitation, filing any financing statements or amendments<br \/>\nthereto under the UCC as in effect with respect to Permitted Liens.<\/p>\n<p>10. <strong><u>Registration Rights<\/u><\/strong>.<\/p>\n<p>10.1 <strong><u>Definitions<\/u><\/strong>. As used in this Section 10:<\/p>\n<p>(a) The terms &#8220;<u>register<\/u>,&#8221; <u>&#8220;registered<\/u>,&#8221; and<br \/>\n&#8220;<u>registration<\/u>&#8221; refer to a registration effected by preparing and filing a<br \/>\nregistration statement in compliance with the Securities Act of 1933, as amended<br \/>\n(the &#8220;<u>Securities Act<\/u>&#8220;), and the subsequent declaration or ordering of the<br \/>\neffectiveness of such registration statement;<\/p>\n<p>(b) The term &#8220;<u>Registrable Securities<\/u>&#8221; means: (i) the shares of the<br \/>\nCompany&#8217;s Common Stock issued or issuable upon conversion of the Notes<br \/>\n(including Common Stock issued or issuable upon conversion of Preferred Stock<br \/>\nwhich is issued upon conversion of the Notes); and (ii) any other shares of<br \/>\nCommon Stock of the Purchaser issued as (or issuable upon the conversion or<br \/>\nexercise of any warrant, right or other security which is issued as) a dividend<br \/>\nor other distribution with respect to, or in exchange for or in replacement of,<br \/>\nthe Securities, excluding in all cases, however, any Registrable Securities sold<br \/>\nby a person in a transaction in which such person&#8217;s rights under this Agreement<br \/>\nand the Note are not assigned; <u>provided<\/u>, <u>however<\/u>, that Common<br \/>\nStock or other securities shall only be treated as Registrable Securities if and<br \/>\nso long as they have not been (A)  sold to or through a broker or dealer or<br \/>\nunderwriter in a public distribution or a public securities transaction, or<br \/>\n(B)  sold in a transaction exempt from the registration and prospectus delivery<br \/>\nrequirements of the Securities Act under Section  4(1) thereof so that all<br \/>\ntransfer restrictions, and restrictive legends with respect thereto, if any, are<br \/>\nremoved upon the consummation of such sale;<\/p>\n<p>(c) The number of shares of &#8220;<u>Registrable Securities then outstanding<\/u>&#8221;<br \/>\nshall mean the number of shares of Common Stock outstanding which are, and the<br \/>\nnumber of shares of Common Stock issuable pursuant to the then exercisable or<br \/>\nconvertible securities which are, Registrable Securities;<\/p>\n<p>(d) The term &#8220;<u>Holder<\/u>&#8221; means any holder of outstanding Registrable<br \/>\nSecurities who, subject to the limitations set forth in Section 10.7 below,<br \/>\nacquired such Registrable Securities in a transaction or series of transactions<br \/>\nnot involving any registered public offering; and<\/p>\n<p>(e) The term &#8220;<u>Form S-3<\/u>&#8221; means such form under the Securities Act as in<br \/>\neffect on the date hereof or any registration form under the Securities Act<br \/>\nsubsequently adopted by the Securities and Exchange Commission (&#8220;<u>SEC<\/u>&#8220;)<br \/>\nwhich permits inclusion or incorporation of substantial information by reference<br \/>\nto other documents filed by the Purchaser with the SEC.<\/p>\n<p>10.2 <strong><u>Company Registration<\/u>.<\/strong> If (but without any<br \/>\nobligation to do so) the Company proposes to register (including for this<br \/>\npurpose a registration effected by the Company for stockholders other than the<br \/>\nHolders) any of its stock under the Securities Act in connection with the public<br \/>\noffering of such securities solely for cash (other than a registration relating<br \/>\nsolely to the sale of securities to participants in a Company stock plan or a<br \/>\ntransaction covered by Rule  145 under the Securities Act, a registration in<br \/>\nwhich the only stock being registered is Common Stock issuable upon conversion<br \/>\nof debt securities which are also being registered), the Company shall, at such<br \/>\ntime, promptly give each Holder written notice of such registration. Upon the<br \/>\nwritten request of each Holder given within 20 days after mailing of such notice<br \/>\nby the Company in accordance with Section  11(e), the Company shall, subject to<br \/>\nthe provisions of Section  10.6, cause to be registered under the Securities Act<br \/>\nall of the Registrable Securities that each such Holder has requested to be<br \/>\nregistered.<\/p>\n<p align=\"JUSTIFY\">10.3 <strong><u>Form S-3 Registration<\/u><\/strong>. In case<br \/>\nthe Company shall receive from any Holder or Holders of not less than fifty<br \/>\npercent (50%) of the Registrable Securities then outstanding a written request<br \/>\nor requests that the Company effect a registration on Form  S-3 and any related<br \/>\nqualification or compliance with respect to all or a part of the Registrable<br \/>\nSecurities owned by such Holder or Holders, the Company will:<\/p>\n<p>(a) promptly give written notice of the proposed registration, and any<br \/>\nrelated qualification or compliance, to all other Holders;<\/p>\n<p>(b) as soon as practicable, effect such registration and all such<br \/>\nqualifications and compliances as may be so requested and as would permit or<br \/>\nfacilitate the sale and distribution of all or such portion of such Holder&#8217;s or<br \/>\nHolders&#8217; Registrable Securities as are specified in such request, together with<br \/>\nall or such portion of the Registrable Securities of any other Holder or Holders<br \/>\njoining in such request as are specified in a written request given within 15<br \/>\ndays after receipt of such written notice from the Company; provided, however,<br \/>\nthat the Company shall not be obligated to effect any such registration,<br \/>\nqualification or compliance, pursuant to this Section  10.3: (1)  if Form  S-3 is<br \/>\nnot available for such offering by the Holders; (2)  if the Company shall furnish<br \/>\nto the Holders a certificate signed by the President of the Company stating that<br \/>\nin the good faith judgment of the Board of Directors of the Company, it would be<br \/>\nseriously detrimental to the Company and its shareholders for such Form  S-3<br \/>\nRegistration to be effected at such time, in which event the Company shall have<br \/>\nthe right to defer the filing of the Form  S-3 registration statement for a<br \/>\nperiod of not more than 90 days after receipt of the request of the Holder or<br \/>\nHolders under this Section  10.3; provided, however, that the Company shall not<br \/>\nutilize this right more than once in any twelve month period; (3)  if the Company<br \/>\nhas, within the 12  month period preceding the date of such request, already<br \/>\neffected two registrations on Form  S-3 for the Holders; or (4)  in any particular<br \/>\njurisdiction in which the Company would be required to qualify to do business or<br \/>\nto execute a general consent to service of process in effecting such<br \/>\nregistration, qualification or compliance; and<\/p>\n<p>(c) Subject to the foregoing, the Company shall file a registration statement<br \/>\non Form S-3 covering the Registrable Securities and other securities so<br \/>\nrequested to be registered promptly after receipt of the request or requests of<br \/>\nthe Holders.<\/p>\n<p align=\"JUSTIFY\">10.4 <strong><u>Obligations of the Company<\/u><\/strong>.<br \/>\nWhenever required under this Section  10 to effect the registration of any<br \/>\nRegistrable Securities, the Company shall, as expeditiously as reasonably<br \/>\npossible:<\/p>\n<p>(a) Prepare and file with the SEC a registration statement with respect to<br \/>\nsuch Registrable Securities and use its commercially reasonable efforts to cause<br \/>\nsuch registration statement to become effective, and, upon the request of the<br \/>\nHolders of a majority of the Registrable Securities registered thereunder, keep<br \/>\nsuch registration statement effective for up to 90 days;<\/p>\n<p>(b) Prepare and file with the SEC such amendments and supplements to such<br \/>\nregistration statement and the prospectus used in connection with such<br \/>\nregistration statement as may be necessary to comply with the provisions of the<br \/>\nAct with respect to the disposition of all securities covered by such<br \/>\nregistration statement;<\/p>\n<p>(c) Furnish to the Holders such numbers of copies of a prospectus, including<br \/>\na preliminary prospectus, in conformity with the requirements of the Act, and<br \/>\nsuch other documents as they may reasonably request in order to facilitate the<br \/>\ndisposition of Registrable Securities owned by them;<\/p>\n<p>(d) Cause all such Registrable Securities registered pursuant hereunder to be<br \/>\nlisted on each securities exchange on which similar securities issued by the<br \/>\nCompany are then listed.<\/p>\n<p>10.5 <strong><u>Furnish Information<\/u><\/strong>. It shall be a condition<br \/>\nprecedent to the obligations of the Company to take any action pursuant to this<br \/>\nSection  10 with respect to the Registrable Securities of any selling Holder that<br \/>\nsuch Holder shall furnish to the Company such information regarding itself, the<br \/>\nRegistrable Securities held by it, and the intended method of disposition of<br \/>\nsuch securities as shall be required to effect the registration of such Holder&#8217;s<br \/>\nRegistrable Securities.<\/p>\n<p align=\"JUSTIFY\">10.6 <strong><u>Expenses of Registration<\/u>.<\/strong><\/p>\n<p align=\"JUSTIFY\">(a) <strong><u>Company Registration<\/u>.<\/strong> All<br \/>\nexpenses other than underwriting discounts and commissions incurred in<br \/>\nconnection with registrations, filings or qualifications of Registrable<br \/>\nSecurities pursuant to Section  10.2 for each Holder (which right may be assigned<br \/>\nas provided in Section  10.10), including (without limitation) all registration,<br \/>\nfiling, and qualification fees, printers&#8217; and accounting fees, fees and<br \/>\ndisbursements of counsel for the Company shall be borne by the Company. The<br \/>\nCompany shall not be required to pay the fees or expenses of separate counsel to<br \/>\nthe selling Holders.<\/p>\n<p align=\"JUSTIFY\">(b) <strong><u>Registration on Form S-3<\/u>. <\/strong>All<br \/>\nexpenses incurred in connection with a registration requested pursuant to<br \/>\nSection  10.3, including (without limitation) all registration, filing,<br \/>\nqualification, printer and accounting fees shall be  borne by the Company. The<br \/>\nCompany shall not be required to pay any underwriters&#8217; or brokers&#8217; fees,<br \/>\ndiscounts or commissions relating to the Registrable Securities, or the fees or<br \/>\nexpenses of separate counsel to the selling Holders.<\/p>\n<p>10.7 <strong><u>Underwriting Requirements<\/u>.<\/strong> In connection with<br \/>\nany offering involving an underwriting of shares of the Company&#8217;s capital stock,<br \/>\nthe Company shall not be required under Section  10.2 to include any of the<br \/>\nHolders&#8217; securities in such underwriting unless they accept the terms of the<br \/>\nunderwriting as agreed upon between the Company and the underwriters selected by<br \/>\nit (or by other persons entitled to select the underwriters), and then only in<br \/>\nsuch quantity as the underwriters determine in their sole discretion will not<br \/>\njeopardize the success of the offering by the Company. If the total amount of<br \/>\nsecurities, including Registrable Securities, requested by stockholders to be<br \/>\nincluded in such offering exceeds the amount of securities sold other than by<br \/>\nthe Company that the underwriters determine in their sole discretion is<br \/>\ncompatible with the success of the offering, then the Company shall be required<br \/>\nto include in the offering only that number of such securities, including<br \/>\nRegistrable Securities, which the underwriters determine in their sole<br \/>\ndiscretion will not jeopardize the success of the offering (the securities so<br \/>\nincluded to be apportioned pro rata among the selling stockholders according to<br \/>\nthe total amount of securities entitled to be included therein owned by each<br \/>\nselling stockholder or in such other proportions as shall mutually be agreed to<br \/>\nby such selling stockholders) but in no event shall the amount of securities of<br \/>\nthe selling Holders included in the offering be reduced below 20% of the total<br \/>\namount of securities included in such offering. For purposes of the preceding<br \/>\nparenthetical concerning apportionment, for any selling stockholder which is a<br \/>\nholder of Registrable Securities and which is a partnership or corporation, the<br \/>\npartners, retired partners and stockholders of such holder, or the estates and<br \/>\nfamily members of any such partners and retired partners and any trusts for the<br \/>\nbenefit of any of the foregoing persons shall be deemed to be a single<br \/>\n&#8220;<u>selling stockholder<\/u>,&#8221; and any pro-rata reduction with respect to such<br \/>\n&#8220;selling stockholder&#8221; shall be based upon the aggregate amount of shares<br \/>\ncarrying registration rights owned by all entities and individuals included in<br \/>\nsuch &#8220;selling stockholder,&#8221; as defined in this sentence.<\/p>\n<p>10.8 <strong><u>Indemnification<\/u><\/strong>. In the event any Registrable<br \/>\nSecurities are included in a registration statement under this Section  10:<\/p>\n<p>(a) To the extent permitted by law, the Company will indemnify and hold<br \/>\nharmless each Holder and each person, if any, who controls such Holder within<br \/>\nthe meaning of the Securities Act or the Securities Exchange Act of 1934, as<br \/>\namended (the &#8220;<u>Exchange Act<\/u>&#8220;), against any losses, claims, damages, or<br \/>\nliabilities (joint or several) to which any of the foregoing persons may become<br \/>\nsubject, under the Securities Act, the Exchange Act or other federal or state<br \/>\nlaw, insofar as such losses, claims, damages, or liabilities (or actions in<br \/>\nrespect thereof) arise out of or are based upon any of the following statements,<br \/>\nomissions or violations (collectively a &#8220;<u>Violation<\/u>&#8220;): (i)  any untrue<br \/>\nstatement or alleged untrue statement of a material fact contained in such<br \/>\nregistration statement, including any final prospectus contained therein or any<br \/>\namendments or supplements thereto, (ii)  the omission or alleged omission to<br \/>\nstate therein a material fact required to be stated therein, or necessary to<br \/>\nmake the statements therein not misleading, or (iii)  any violation or alleged<br \/>\nviolation by the Company of the Securities Act,  the Exchange Act, any state<br \/>\nsecurities law or any rule or regulation promulgated under the Securities Act,<br \/>\nthe Exchange Act or any state securities law; and the Company will pay, as<br \/>\nincurred, any legal or other expenses reasonably incurred by any person intended<br \/>\nto be indemnified pursuant to this subsection 10.8(a), in connection with<br \/>\ninvestigating or defending any such loss, claim, damage, liability, or action;<br \/>\nprovided, however, that the indemnity agreement contained in this<br \/>\nsubsection  10.8(a) shall not apply to amounts paid in settlement of any such<br \/>\nloss, claim, damage, liability, or action if  such settlement is effected without<br \/>\nthe consent of the Company, which consent shall not be unreasonably withheld,<br \/>\nnor shall the Company be liable in any such case for any such loss, claim,<br \/>\ndamage, liability, or action to the extent that it arises out of or  is based<br \/>\nupon a Violation which occurs in reliance upon and in conformity with written<br \/>\ninformation furnished expressly for use in connection with such registration by<br \/>\nsuch Holder or controlling person;<\/p>\n<p>(b) To the extent permitted by law, each selling Holder will indemnify and<br \/>\nhold harmless the Company, each of its directors, each of its officers who has<br \/>\nsigned the registration statement, each person, if any, who controls the Company<br \/>\nwithin the meaning of the Securities Act or the Exchange Act, any other Holder<br \/>\nselling securities in such registration statement and any controlling person of<br \/>\nany such other Holder, against any losses, claims, damages, or liabilities<br \/>\n(joint or several) to which any of the foregoing persons may become subject,<br \/>\nunder the Securities Act, the Exchange Act or other federal or state law,<br \/>\ninsofar as such losses, claims, damages, or liabilities (or actions in respect<br \/>\nthereof) arise out of or are based upon any Violation, in each case to the<br \/>\nextent (and only to the extent) that such Violation occurs in reliance upon and<br \/>\nin conformity with written information furnished by such Holder expressly for<br \/>\nuse in connection with such registration; and each such Holder will pay, as<br \/>\nincurred, any legal or other expenses reasonably incurred by any person intended<br \/>\nto be indemnified pursuant to this subsection  10.8(b), in connection with<br \/>\ninvestigating or defending any such loss, claim, damage, liability, or action;<br \/>\nprovided, however, that the indemnity agreement contained in this<br \/>\nsubsection  10.8(b) shall not apply to amounts paid in settlement of any such<br \/>\nloss, claim, damage, liability or action if such settlement is effected without<br \/>\nthe consent of the Holder, which consent shall not be unreasonably withheld;<br \/>\nprovided that in no event shall any indemnity under this subsection  10.8(b)<br \/>\nexceed the gross proceeds from the offering received by such Holder;<\/p>\n<p>(c) Promptly after receipt by an indemnified party under this Section  10.8 of<br \/>\nnotice of the commencement of any action (including any governmental action),<br \/>\nsuch indemnified party will, if a claim in respect thereof is to be made against<br \/>\nany indemnifying party under this Section  10.8, deliver to the indemnifying<br \/>\nparty a written notice of the commencement thereof and the indemnifying party<br \/>\nshall have the right to participate in, and, to the extent the indemnifying<br \/>\nparty so desires, jointly with any other indemnifying party similarly noticed,<br \/>\nto assume the defense thereof with counsel mutually satisfactory to the parties;<br \/>\nprovided, however, that an indemnified party shall have the right to retain its<br \/>\nown counsel, with the fees and expenses to be paid by the indemnifying party, if<br \/>\nrepresentation of such indemnified party by the counsel retained by the<br \/>\nindemnifying party would be inappropriate due to actual or potential differing<br \/>\ninterests between such indemnified party and any other party represented by such<br \/>\ncounsel in such proceeding. The failure to deliver written notice to the<br \/>\nindemnifying party within a reasonable time of the commencement of any such<br \/>\naction, if prejudicial to its ability to defend such action, shall relieve such<br \/>\nindemnifying party of any liability to the indemnified party under this<br \/>\nSection  10.8, but the omission so  to deliver written notice to the indemnifying<br \/>\nparty will not relieve it of any liability that it may have to any indemnified<br \/>\nparty otherwise than under this Section  10.8;<\/p>\n<p>(d) If the indemnification provided in this Section 10.8 is held by a court<br \/>\nof competent jurisdiction to be unavailable to an indemnified party with respect<br \/>\nto any loss, liability, claim, damage or expense referred to therein, then the<br \/>\nindemnifying party, in lieu of indemnifying such indemnified party hereunder,<br \/>\nshall contribute to the amount paid or payable by such indemnified party as a<br \/>\nresult of such loss, liability, claim, damage or expense in such proportion as<br \/>\nis appropriate to reflect the relative fault of the indemnifying party on the<br \/>\none hand and of the indemnified party on the other in connection with the<br \/>\nstatements or omissions that resulted in such loss, liability, claim, damage or<br \/>\nexpense as well as any other relevant equitable considerations. The relative<br \/>\nfault of the indemnifying party and of the indemnified party shall be determined<br \/>\nby reference to, among other things, whether the untrue or alleged untrue<br \/>\nstatement of a material fact or the omission to state a material fact relates to<br \/>\ninformation supplied by the indemnifying party or by the indemnified party and<br \/>\nthe parties&#8217; relative intent, knowledge, access to information, and opportunity<br \/>\nto correct or prevent such statement or omission; and<\/p>\n<p>(e) The obligations of the Company and Holders under this Section  10.8 shall<br \/>\nsurvive the completion of any offering of Registrable Securities in a<br \/>\nregistration statement under this Section  10, and otherwise.<\/p>\n<p>10.9 <strong><u>Reports Under Securities Exchange Act of 1934<\/u><\/strong>.<br \/>\nWith a view to making available to the Holders the benefits of Rule  144<br \/>\npromulgated under the Securities Act (&#8220;<u>Rule  144<\/u>&#8220;) and any other rule or<br \/>\nregulation of the SEC that may at any time permit a Holder to sell securities of<br \/>\nthe Company to the public without registration, the Company agrees to use its<br \/>\nbest efforts to:<\/p>\n<p>(a) make and keep public information available, as those terms are understood<br \/>\nand defined in Rule  144, at all times;<\/p>\n<p>(b) file with the SEC in a timely manner all reports and other documents<br \/>\nrequired of the Company under the Securities Act and the Exchange Act; and<\/p>\n<p>(c) furnish to any Holder, so long as the Holder owns any Registrable<br \/>\nSecurities, forthwith upon request (i)  a written statement by the Company that<br \/>\nit has complied with the reporting requirements of Rule 144, the Securities Act<br \/>\nand the Exchange Act, (ii)  a copy of the most recent annual or quarterly report<br \/>\nof the Company and such other reports and documents so filed by the Company, and<br \/>\n(iii)  such other information as may be reasonably requested in availing any<br \/>\nHolder of any rule or regulation of the SEC which permits the selling of any<br \/>\nsuch securities without registration.<\/p>\n<p>10.10 <strong><u>Assignment of Registration Rights<\/u><\/strong>. The rights<br \/>\nto cause the Company to register Registrable Securities pursuant to this<br \/>\nSection  10 may only be assigned by a Holder to a transferee or assignee of all<br \/>\nof such Holder&#8217;s interest in Holder&#8217;s Note, and shall be subject to the<br \/>\nrestrictions on transfers contained in such Note. Such assignment shall be<br \/>\neffective only if immediately following such transfer the further disposition of<br \/>\nsuch securities by the transferee or assignee is restricted under the Securities<br \/>\nAct.<\/p>\n<p align=\"JUSTIFY\">10.11 <strong><u>Termination of Registration<br \/>\nRights<\/u><\/strong>. The rights granted under this Section 10 shall terminate<br \/>\nupon the earlier of (a) five (5) years following the date of this Agreement, or<br \/>\n(b)  with respect to any Holder, at such time as such Holder may sell all of such<br \/>\nHolder&#8217;s Registrable Securities in any one three month period pursuant to<br \/>\nRule  144 or such successor rule as may be adopted.<\/p>\n<p align=\"JUSTIFY\">11. <strong><u>Miscellaneous<\/u>.<\/strong><\/p>\n<p align=\"JUSTIFY\">(a) <strong><u>Successors and Assigns<\/u>.<\/strong> The terms<br \/>\nand conditions of this Agreement shall inure to the benefit of and be binding<br \/>\nupon the respective successors and assigns of the parties. Nothing in this<br \/>\nAgreement, express or implied, is intended to confer upon any party other than<br \/>\nthe parties hereto or their respective successors and assigns any rights,<br \/>\nremedies, obligations, or  liabilities under or by reason of this Agreement,<br \/>\nexcept as expressly provided in this Agreement.<\/p>\n<p align=\"JUSTIFY\">(b) <strong><u>Governing Law<\/u>.<\/strong> This Agreement and<br \/>\nall acts and transactions pursuant hereto and the rights and obligations of the<br \/>\nparties hereto shall be governed, construed and interpreted in accordance with<br \/>\nthe laws of the State of California, without giving effect to principles of<br \/>\nconflicts of law.<\/p>\n<p align=\"JUSTIFY\">(c) <strong><u>Counterparts<\/u>.<\/strong> This Agreement may<br \/>\nbe executed in two or more counterparts, each of which shall be deemed an<br \/>\noriginal and all of which together shall constitute one instrument.<\/p>\n<p align=\"JUSTIFY\">(d) <strong><u>Titles and Subtitles<\/u>.<\/strong> The titles<br \/>\nand subtitles used in this Agreement are used for convenience only and are not<br \/>\nto  be considered in construing or interpreting this Agreement.<\/p>\n<p align=\"JUSTIFY\">(e) <strong><u>Notices<\/u>.<\/strong> Any notice required or<br \/>\npermitted by this Agreement shall be in writing and shall be deemed sufficient<br \/>\nupon receipt, when delivered personally or by courier, overnight delivery<br \/>\nservice or confirmed facsimile, or 48 hours after being deposited in the U.S.<br \/>\nmail as certified or registered mail with postage prepaid, if such notice is<br \/>\naddressed to the party to be notified at such party&#8217;s address or facsimile<br \/>\nnumber as set forth below or as subsequently modified by written notice.<\/p>\n<p align=\"JUSTIFY\">(f) <strong><u>Finder&#8217;s Fee<\/u>.<\/strong> Each party<br \/>\nrepresents that it neither is nor will be obligated for any finder&#8217;s fee or<br \/>\ncommission in connection with this transaction. Each Purchaser agrees to<br \/>\nindemnify and to hold harmless the Company from any liability for any commission<br \/>\nor compensation in the nature of a finder&#8217;s fee (and  the costs and expenses of<br \/>\ndefending against such liability or  asserted liability) for which each Purchaser<br \/>\nor any of its officers, employees, or representatives is responsible. The<br \/>\nCompany agrees to indemnify and hold harmless each Purchaser from any liability<br \/>\nfor any commission or compensation in  the nature of a finder&#8217;s fee (and the<br \/>\ncosts and expenses of defending against such liability or asserted liability)<br \/>\nfor which the Company or any of its officers, employees or representatives<br \/>\nis  responsible.<\/p>\n<p align=\"JUSTIFY\">(g) <strong><u>Amendments and Waivers<\/u>.<\/strong> Any term<br \/>\nof this Agreement may only be amended or waived with the written consent of the<br \/>\nCompany and the holders of at least a majority of the outstanding principal<br \/>\namount of the Notes (provided that amendment of Section 10 hereof shall instead<br \/>\nrequire the written consent of the holders of at least of majority of the<br \/>\nRegistrable Securities then outstanding). Any amendment or waiver effected in<br \/>\naccordance with this Section 11(g) shall be binding upon each Purchaser and each<br \/>\ntransferee of the Securities, each future holder of all such Securities, and the<br \/>\nCompany.<\/p>\n<p align=\"JUSTIFY\">(h) <strong><u>Severability<\/u>.<\/strong> If one or more<br \/>\nprovisions of this Agreement are held to be<u> <\/u>unenforceable under<br \/>\napplicable law, the parties agree to renegotiate such provision in good faith,<br \/>\nin order to maintain the economic position enjoyed by each party as close as<br \/>\npossible to that under the provision rendered unenforceable. In the event that<br \/>\nthe parties cannot reach a mutually agreeable and enforceable replacement for<br \/>\nsuch provision, then (i)  such provision shall be excluded from this Agreement,<br \/>\n(ii)  the balance of the Agreement shall be interpreted as if such provision were<br \/>\nso excluded and (iii)  the balance of the Agreement shall be enforceable in<br \/>\naccordance with its terms.<\/p>\n<p align=\"JUSTIFY\">(i) <strong><u>Entire Agreement<\/u>.<\/strong> This Agreement,<br \/>\nand the documents referred to herein constitute the entire agreement between the<br \/>\nparties hereto pertaining to the subject matter hereof, and any and all other<br \/>\nwritten or oral agreements existing between the parties hereto are expressly<br \/>\ncanceled.<\/p>\n<p align=\"JUSTIFY\">(j) <strong><u>Exculpation Among Purchasers<\/u>.<\/strong><br \/>\nEach Purchaser acknowledges that it is not relying upon any person, firm or<br \/>\ncorporation, other than the Company and its officers and directors, in making<br \/>\nits investment or decision to invest in the Company. Each Purchaser agrees that<br \/>\nno Purchaser nor the respective controlling persons, officers, directors,<br \/>\npartners, agents, or employees of any Purchaser shall be liable for any action<br \/>\nheretofore or hereafter taken or omitted to be taken by any of them in<br \/>\nconnection with the Securities.<\/p>\n<p align=\"JUSTIFY\">(k) <strong><u>Advice of Legal Counsel<\/u><\/strong>. Each<br \/>\nparty acknowledges and represents that, in executing this Agreement, it has had<br \/>\nthe opportunity to seek advice as to its legal rights from legal counsel and<br \/>\nthat the person signing on its behalf has read and understood all of the terms<br \/>\nand provisions of this Agreement. This Agreement shall not be construed against<br \/>\nany party by reason of the drafting or preparation thereof.<\/p>\n<p align=\"JUSTIFY\">(l) <strong><u>Fees and Expenses<\/u>.<\/strong> The Company<br \/>\nshall pay promptly after the Closing the fees and expenses of Fenwick &amp; West, the counsel for the Purchasers, incurred in connection with performing due<br \/>\ndiligence with respect to this Agreement, the documents referred to herein and<br \/>\nthe transactions contemplated hereby and thereby, provided such fees and<br \/>\nexpenses do not exceed, in the aggregate, $15,000.<\/p>\n<p align=\"JUSTIFY\">(m)<strong> <u>Corporate Securities Law<\/u>. <\/strong>THE<br \/>\nSALE OF THE SECURITIES WHICH ARE THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN<br \/>\nQUALIFIED WITH THE COMMISSIONER OF CORPORATIONS OF THE STATE OF CALIFORNIA AND<br \/>\nTHE ISSUANCE OF THE SECURITIES OR THE PAYMENT OR RECEIPT OF ANY PART OF THE<br \/>\nCONSIDERATION THEREFOR PRIOR TO THE QUALIFICATION IS UNLAWFUL, UNLESS THE SALE<br \/>\nOF SECURITIES IS EXEMPT FROM  THE QUALIFICATION BY SECTION 25100, 25102 OR 25105<br \/>\nOF THE CALIFORNIA CORPORATIONS CODE. THE RIGHTS OF ALL PARTIES TO THIS AGREEMENT<br \/>\nARE EXPRESSLY CONDITIONED UPON THE QUALIFICATION BEING OBTAINED UNLESS THE SALE<br \/>\nIS SO EXEMPT.<\/p>\n<p align=\"CENTER\">[Signature Pages Follow]<\/p>\n<p align=\"JUSTIFY\">The parties have executed this Secured Convertible Note<br \/>\nPurchase Agreement as of the date first written above.<\/p>\n<p>COMPANY:<\/p>\n<p>ACCRUE SOFTWARE, INC.<\/p>\n<\/p>\n<p>By: \/s\/ Jonathan D. Becher<\/p>\n<p>President and CEO<\/p>\n<p>Name: Jonathan D. Becher<\/p>\n<p>Address: 48634 Milmont Drive<\/p>\n<p>Fremont, CA 94538-7353<\/p>\n<p>Facsimile Number: (510) 580-4501<\/p>\n<\/p>\n<p>PURCHASERS:<\/p>\n<\/p>\n<p>RS Orphan Fund, LP<\/p>\n<p>By: \/s\/ Paul H. Stephens<\/p>\n<p>Name: Paul H. Stephens<\/p>\n<\/p>\n<p>Title: Investment Advisory<\/p>\n<p>General Partner<\/p>\n<p>Address: 388 Market St.<\/p>\n<p>San Francisco, CA 94111<\/p>\n<p>Facsimile Number:<\/p>\n<\/p>\n<p>PURCHASERS:<\/p>\n<p>RS Orphan Offshore Fund, LP<\/p>\n<p>By: \/s\/ Paul H. Stephens<\/p>\n<p>Name: Paul H. Stephens<\/p>\n<\/p>\n<p>Title: Investment Advisory<\/p>\n<p>General Partner<\/p>\n<p>Address: 388 Market St.<\/p>\n<p>San Francisco, CA 94111<\/p>\n<p>Facsimile Number:<\/p>\n<\/p>\n<p>Sterling Payot Capital, LP<\/p>\n<p>By: \/s\/ Robert M. Smelick<\/p>\n<p>Name: Robert M. Smelick<\/p>\n<\/p>\n<p>Title: General Partner<\/p>\n<p>Address: 65 Cloudview Rd.<\/p>\n<p>Sausalito, CA 94956<\/p>\n<p>Facsimile Number:<\/p>\n<\/p>\n<p>Robert M. Smelick<\/p>\n<p>\/s\/ Robert M. Smelick<\/p>\n<p>Robert M. Smelick<\/p>\n<\/p>\n<p>Address: 65 Cloudview Rd.<\/p>\n<p>Sausalito, CA 94956<\/p>\n<p>Facsimile Number:<\/p>\n<p>PURCHASERS:<\/p>\n<\/p>\n<p>ELIZABETH W. KORRELL<\/p>\n<p>\/s\/ Elizabeth W. Korrell<\/p>\n<p>Elizabeth W. Korrell<\/p>\n<\/p>\n<p>Address: 2607 Ninth Avenue West<\/p>\n<p>Seattle, WA 98119<\/p>\n<p>Facsimile Number: 206-266-1860<\/p>\n<p>Exhibit  A &#8211; Schedule of Purchasers<\/p>\n<p>Exhibit  B &#8211; Form of Promissory Note<\/p>\n<p>Exhibit C &#8211; Purchaser Withholding Exemptions<\/p>\n<p><\/p>\n<hr>\n<p>\n<u> <\/u><\/p>\n<p align=\"CENTER\">EXHIBIT A<\/p>\n<p><u> <\/u><\/p>\n<p align=\"CENTER\">SCHEDULE OF PURCHASERS<\/p>\n<p align=\"CENTER\">FIRST CLOSING<\/p>\n<table width=\"588\" cellpadding=\"7\" cellspacing=\"1\">\n<tbody>\n<tr>\n<td width=\"48%\" valign=\"TOP\">\n<p align=\"CENTER\"><strong> <br \/>\nPurchaser Name and Address<\/strong><\/p>\n<\/td>\n<td width=\"24%\" valign=\"TOP\">\n<p align=\"CENTER\">Type of<\/p>\n<p align=\"CENTER\"><strong>Consideration<\/strong><\/p>\n<\/td>\n<td width=\"29%\" valign=\"TOP\">\n<p align=\"CENTER\"><strong>Original Principal Amount of Note<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48%\" valign=\"TOP\">\n<p>RS Orphan Fund, LP<\/p>\n<p>388 Market Street<\/p>\n<p>San Francisco, CA 94111<\/p>\n<p>RS Orphan Offshore Fund, LP<\/p>\n<p>388 Market Street<\/p>\n<p>San Francisco, CA 94111<\/p>\n<\/td>\n<td width=\"24%\" valign=\"TOP\">\n<p align=\"CENTER\">Cash<\/p>\n<p align=\"CENTER\">Cash<\/p>\n<\/td>\n<td width=\"29%\" valign=\"TOP\">\n<p>$79,000<\/p>\n<p>$21,000<\/p>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48%\" valign=\"TOP\">\n<p>Sterling Payot Capital, LP<\/p>\n<p>65 Cloudview Rd.<\/p>\n<p>Sausalito, CA 94956<\/p>\n<\/td>\n<td width=\"24%\" valign=\"TOP\">\n<p align=\"CENTER\">Forgiveness of indebtedness<\/p>\n<\/td>\n<td width=\"29%\" valign=\"TOP\">\n<p>$335,573.57<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48%\" valign=\"TOP\">\n<p>Robert M. Smelick<\/p>\n<p>65 Cloudview Rd.<\/p>\n<p>Sausalito, CA 94956<\/p>\n<\/td>\n<td width=\"24%\" valign=\"TOP\">\n<p align=\"CENTER\">Forgiveness of indebtedness<\/p>\n<\/td>\n<td width=\"29%\" valign=\"TOP\">\n<p>$60,349.72<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48%\" valign=\"TOP\">\n<p>Elizabeth W. Korrell<\/p>\n<p>2607 Ninth Avenue West<\/p>\n<p>Seattle WA 98119<\/p>\n<\/td>\n<td width=\"24%\" valign=\"TOP\">\n<p align=\"CENTER\">Cash<\/p>\n<\/td>\n<td width=\"29%\" valign=\"TOP\">\n<p>$5,000.00<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/p>\n<hr>\n<p>\n<u> <\/u><\/p>\n<p align=\"CENTER\">EXHIBIT B<\/p>\n<p><u> <\/u><\/p>\n<p align=\"CENTER\">\n<p align=\"CENTER\">\n<p align=\"CENTER\">FORM OF SECURED CONVERTIBLE PROMISSORY NOTE<\/p>\n<p><\/p>\n<hr>\n<p>\n<u> <\/u><\/p>\n<p align=\"CENTER\">EXHIBIT C<\/p>\n<p><u> <\/u><\/p>\n<p align=\"CENTER\">\n<p align=\"CENTER\">PURCHASER WITHHOLDING EXEMPTIONS<\/p>\n<p><\/p>\n<hr>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[6556],"corporate_contracts_industries":[9513],"corporate_contracts_types":[9560,9569],"class_list":["post-41281","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-accrue-software-inc","corporate_contracts_industries-technology__software","corporate_contracts_types-finance","corporate_contracts_types-finance__notpur"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/41281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=41281"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=41281"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=41281"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=41281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}