Common use of Optional Redemption following a Change of Control; Distribution Rate Step-Up following a Change of Control Clause in Contracts

Optional Redemption following a Change of Control; Distribution Rate Step-Up following a Change of Control. If a Change of Control occurs, the Company may, at its option, redeem the Series A Preferred Shares, in whole but not in part, prior to September 15, 2024 and within 60 days after the occurrence of such Change of Control, at a redemption price of $25.25 per Series A Preferred Share, plus an amount equal to all accumulated and unpaid distributions thereon, if any, to, but excluding, the date of redemption, whether or not declared. If a Change of Control occurs (whether before, on or after September 15, 2024) and the Company does not give notice prior to the 31st day following the Change of Control to redeem all the Outstanding Series A Preferred Shares, the distribution rate per annum on the Series A Preferred Shares will increase by 5.00%, beginning on the 31st day following such Change of Control.

Optional Redemption following a Change of Control; Distribution Rate Step-Up following a Change of Control. If a Change of Control occurs, the Company may, at its option, redeem the Series A B Preferred Shares, in whole but not in part, prior to September December 15, 2024 and within 60 days after the occurrence of such Change of Control, at a redemption price of $25.25 per Series A B Preferred Share, plus an amount equal to all accumulated and unpaid distributions thereon, if any, to, but excluding, the date of redemption, whether or not declared. If a Change of Control occurs (whether before, on or after September December 15, 2024) and the Company does not give notice prior to the 31st day following the Change of Control to redeem all the Outstanding Series A B Preferred Shares, the distribution rate per annum on the Series A B Preferred Shares will increase by 5.00%, beginning on the 31st day following such Change of Control.

Optional Redemption following a Change of Control; Distribution Rate Step-Up following a Change of Control. If a Change of Control occurs, the Company may, at its option, redeem the Series A C Preferred Shares, in whole but not in part, prior to September June 15, 2024 2026 and within 60 days after the occurrence of such Change of Control, at a redemption price of $25.25 per Series A C Preferred Share, plus an amount equal to all accumulated and unpaid distributions thereon, if any, to, but excluding, the date of redemption, whether or not declared. If a Change of Control occurs (whether before, on or after September June 15, 20242026) and the Company does not give notice prior to the 31st day following the Change of Control to redeem all the Outstanding Series A C Preferred Shares, the distribution rate Distribution Rate per annum on the Series A C Preferred Shares will increase by 5.00%500 basis points, beginning on the 31st day following such Change of Control.