Collateral Value Amount

Collateral Value Amount. Means, on any day, the sum of (i) the amount obtained by multiplying the closing price of common stock of the Company (as displayed on the OTC Bulletin Board on the close of business on the Business Day immediately preceding the relevant day) by the number of common shares of the Company effectively pledged and constituting Pledged Stock pursuant to this Agreement and (ii) the total amount of any Pledged Cash.