Subject to the satisfaction of the closing conditions set forth in Section 7, the closing (the “ Closing ”), with respect to the transaction contemplated in Section 2 hereof, shall take place at the offices of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., One Financial Center, Boston, Massachusetts 02111. The date and time of the Closing (the “ Closing Date ”) shall be 10:00 a.m., New York time on January 13, 2016 or at such other time and place as the Company and the Investors may agree, including remotely via the exchange of documents and signatures.