The Company shall use the proceeds from the sale of the Securities for working capital and other general corporate purposes in connection with or following the acquisitions of Recruiter.com, Inc. and Genesys Talent LLC (the “ Acquisitions ”) and shall not, directly or indirectly, use such proceeds for any loan or advances to, or investment in, any of its officers, directors or affiliates or any other corporation, partnership, enterprise or other Person, except with respect to the Acquisitions.