Qualified PO

Qualified PO. Means the first public offering of the Common Stock (a) in which the aggregate gross proceeds to the Company and the stockholders selling such Common Stock, if any, equal or exceed $400.0 million and (b) following which, such Common Stock is listed on a U.S. national securities exchange. For the avoidance of doubt, if a Qualified PO does not successfully close, it shall not prevent a future public offering from qualifying and being treated as a "Qualified PO"