On October 16, 2018, OrangeHook, Inc. and Lenovo PC HK. Ltd. mutually agreed to terminate the existing Business Partnership Agreement (the "BPA") between the companies effective September 30, 2018. The Company and Lenovo originally signed the BPA in March 2016 and subsequently entered into three amendments, including an amendment whereby Lenovo agreed to make certain minimum pre-purchases of software from the Company. The Company and Lenovo agreed that, simultaneously with the termination of the BPA, the amounts of all required pre-purchases, including pre-purchases that have not already been paid by Lenovo, would be converted to shares of the Company's common stock. Amounts of minimum purchases previously made under the BPA were applied to the purchase of common stock concurrently with the termination of the BPA.