Tempus Applied Solutions Holdings Inc fka TMPS

[lloydm]

The purchase price for the shares of stock put to the Investor shall be based on ninety-five percent (95%) of the Volume Weighted Average Price ("VWAP") for the Company's common stock during the pricing period. If the closing price for the Company's stock on the last trading day of the pricing period is less than the Average VWAP during the Pricing Period, then the purchase price shall equal 95% of the lowest closing price for the Company's common stock during the pricing period. If the purchase price equals less than one dollar ($1.00) per share, an additional five percent (5%) will be discounted off of the applicable purchase price.