Schedule C - Repayment of Loan Amounts
| Payments* |
|
Date |
| First Payment |
$ 453,884.47 |
on the date of signing of the Agreement |
| Second Payment |
$ 907,768.95 |
on the first anniversary of the date of signing the Agreement |
| Third Payment |
$1,361,653.42 |
on the second anniversary of the date of signing the Agreement |
| Fourth Payment |
$1,815,537.89 |
on the third anniversary of the date of signing the Agreement |
| Fifth Payment |
$2,269,422.36 |
on the fourth anniversary of the date of signing the Agreement |
| Sixth Payment |
$2,269,422.36 |
on the fifth anniversary of the date of signing the Agreement |
| Seventh Payment |
$2,269,422.36 |
on the sixth anniversary of the date of signing the Agreement |
| Eighth Payment |
$2,269,422.36 |
on the seventh anniversary of the date of signing the Agreement |
| Ninth Payment |
$2,269,422.36 |
on the eighth anniversary of the date of signing the Agreement |
| Tenth Payment |
$2,269,422.36 |
on the ninth anniversary of the date of signing the Agreement |
| Eleventh Payment |
$2,269,422.36 |
on the tenth anniversary of the date of signing the Agreement |
| Twelfth Payment |
$1,815,537.89 |
on the eleventh anniversary of the date of signing the Agreement |
| Thirteenth Payment |
$1,361,653.42 |
on the twelfth anniversary of the date of signing the Agreement |
| Fourteenth Payment |
$ 907,768.95 |
on the thirteenth anniversary of the date of signing the Agreement |
| Fifteenth Payment |
$ 453,884.47 |
on the fourteenth anniversary of the date of signing the Agreement |
*The first payment of this loan repayment schedule shall be made on the Effective Date and the amount of the payment shall be adjusted from the date of signing of the Agreement to the Effective Date using an interest rate
of 6% per annum, compounded annually. If the Effective Date occurs after the date appearing in the schedule
for any given subsequent payment, the amount of such payment shall be adjusted from the specified payment
date to the Effective Date using an interest rate of 6% per annum, compounded annually. |
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