Subject to the terms and conditions hereof, the Company agrees to sell, and Purchaser irrevocably subscribes for and agrees to purchase, the number of Units set forth on the signature page of this Agreement at a purchase price of $1.64 per Unit. The aggregate purchase price for the Units shall be as set forth on the signature page hereto (the “ Aggregate Purchase Price ”) and shall be payable upon execution hereof by check or wire transfer of immediately available funds as set forth below.