0001140361-18-036166 Sample Contracts

Class A Common Stock ($0.01 par value per share) Capital on Demand™ Sales Agreement
Capital on Demand Sales Agreement • August 10th, 2018 • Standard Diversified Inc. • Tobacco products • New York

STANDARD DIVERSIFIED INC. a Delaware corporation (the “Company”), confirms its agreement (this “Agreement”) with JONESTRADING INSTITUTIONAL SERVICES LLC (the “Agent”), as follows:

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