(vii) Options means any rights, warrants or options to
subscribe for or purchase Common Shares or Convertible Securities.
(viii) Original Warrant
Date means September 29, 2016.
(ix) Person means an individual, a limited
liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization or a government or any department or agency thereof or any other legal entity.
(x) Principal Market means, with respect to the Common Shares, the OTC Markets OTCQX tier;
provided that, (A) if the Common Shares are listed on any of the NYSE MKT, The New York Stock Exchange, the NASDAQ Global Market, the NASDAQ Global Select Market or the NASDAQ Capital Market (or a successor to any of the foregoing) (each, a
National Exchange), then Principal Market with respect to the Common Shares shall mean such National Exchange, and (B) if the Common Shares cease to be listed or quoted on the OTC Markets OTCQX tier or any National
Exchange, then Principal Market with respect to the Common Shares shall mean the principal securities exchange or trading market for the Common Shares; and with respect to any other security, Principal Market shall mean the principal securities
exchange or trading market for such security.
(xi) Registration Rights Agreement means that
certain registration rights agreement between the Company and the investors party thereto, as the same may be amended, restated, modified or supplemented and in effect from time to time.
(xii) Restricted Exercise Period means the period beginning at 8:00 a.m. (Eastern Standard Time) on
March 1, 2018 and ending at 1:00 p.m. (Eastern Standard Time) on March 5, 2018.
(xiii) SEC means the United States Securities and Exchange Commission.
(xiv) Securities means, collectively, this Warrant and the Warrant Shares.
(xv) Securities Act means the Securities Act of 1933, as amended, together with the rules and
regulations promulgated by the SEC thereunder.
(xvi) Trading Day means any day on which the
Common Shares (or other securities as applicable) are traded on the Principal Market; provided that Trading Day shall not include any day on which the Common Shares (or other securities, as applicable) are scheduled to trade, or actually
trade on the Principal Market for less than 4.5 hours.
(xvii) Warrant means this Warrant and
all Warrants issued in exchange, transfer or replacement thereof pursuant to the terms of this Warrant.
(xviii) Warrant Exercise Price shall be equal to, with respect to any Warrant Share, $0.70, subject
to adjustment as hereinafter provided; provided however, that during the Restricted Exercise Period, the Warrant Exercise Price shall be equal to, with respect to any Warrant Share, $0.28, subject to adjustment as hereinafter provided.