Provided there is an outstanding balance (the “ Outstanding Balance ”) on the Initial Payment Date (as defined below), within three (3) Trading Days thereafter Borrower shall deliver to Lender a number of Conversion Shares (as defined below) to be determined in accordance with the provisions of Section 6. Borrower shall pay to Lender the entire remaining Outstanding Balance of this Note in cash on or before July 15, 2016 (the “ Maturity Date ”). Borrower will make all payments of sums due hereunder to Lender at Lender’s address set forth in the Purchase Agreement, or at such other place as Lender may designate in writing. Unless otherwise agreed or required by applicable law, payments will be applied first to any unpaid collection costs and late charges, then to accrued interest and finally to principal.