Common use of Reservation of Reserved BSE Common Equity Clause in Contracts

Reservation of Reserved BSE Common Equity. The Sponsor has authorized and reserved 1,763,298 shares of its common stock for the satisfaction of its obligations with respect to Supplemental Base Equity (the “Reserved BSE Common Equity”), which number of shares shall be the maximum number of shares the Sponsor will be required or entitled to issue pursuant to this Agreement. This number of shares of common stock constituting the Reserved BSE Common Equity was determined based on common stock valued at $6.79 per share based on the Sponsor’s most recent most recent BSE Common Equity 409A Valuation prior to the date of this Agreement.

Reservation of Reserved BSE Common Equity. The Sponsor has authorized and reserved 1,763,298 1,275,578 shares of its common stock for the satisfaction of its obligations with respect to Supplemental Base Equity (the “Reserved BSE Common Equity”), which number of shares shall be the maximum number of shares the Sponsor will be required or entitled to issue pursuant to this Agreement. This number of shares of common stock constituting the Reserved BSE Common Equity was determined based on common stock valued at $6.79 per share based on the Sponsor’s most recent most recent BSE Common Equity 409A Valuation prior to the date of this Agreement.

Reservation of Reserved BSE Common Equity. The Sponsor has authorized and reserved 1,763,298 1,778,443 shares of its common stock for the satisfaction of its obligations with respect to Supplemental Base Equity (the “Reserved BSE Common Equity”), which number of shares shall be the maximum number of shares the Sponsor will be required or entitled to issue pursuant to this Agreement. This number of shares of common stock constituting the Reserved BSE Common Equity was determined based on common stock valued at $6.79 per share based on the Sponsor’s most recent most recent BSE Common Equity 409A Valuation prior to the date of this Agreement.