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TenKay

10/22/18 5:03 PM

#48724 RE: HymanMinsky #48717

Except Visolis’ offer letter makes no mention of any earnout, follow on, equity raise or other contingent payment component.

Some of the bidders proposed such, but none ended up in the final offer that has been filed. The only thing redacted in Visolis’ letter was the upfront purchase price.