EFTA Document EFTA01366601

Amendment #4 Page 172 of 868 104 of cosIdIi• based on analyses of future values for IM enterprise assisning various acesde outcomes Share value is based on Ire probate ty-weighted present value of expected (rein returns to tre &ity investor coreidering Pp liltety future scene nos available to the enterprise and the rights and preferences of each share class After the equity value is determned a dscount for lack or MarlWtabtlty 'sapped to our common stock to a rnve at the far value of our c