Change of Control Default

Change of Control Default. Means any obligation of Borrower to make any mandatory prepayment pursuant to Section 3(b) of the Promissory Notes that may have become due in connection with Borrower's acquisition of Proteomedix AG or that may become due in connection with the issuance of shares of Borrower's common stock upon the conversion of the shares of preferred stock issued by Borrower pursuant to Borrower's acquisition of Proteomedix AG.