Contract analysis

1. Scope of Coverage. Unless otherwise specified, all documents requested herein should cover the period from Verdana's inception in 2016 to the present date. Where a more limited time period is specified in a particular request, that specific time period shall govern.

2. Null Responses. Where a particular category or subcategory yields no responsive documents, we request that counsel for the Company provide written confirmation of that fact (a "Null Response"). Null Responses should be provided in writing, uploaded to the VDR in the applicable category folder, and should affirmatively state that no responsive documents exist with respect to the applicable request.

3. Completeness. This Request List is not intended to be exhaustive, and Calderwood & Harkness expressly reserves the right to supplement this Request List with additional requests as the due diligence process progresses and as additional information becomes available. The omission of a request for any particular category of documents or information shall not be construed as a waiver of Pinnacle's right to request su

4. Anticipated Timeline. Due diligence in connection with the Proposed Transaction is expected to commence on May 16, 2022. We anticipate that the initial review will be substantially completed within sixty (60) days of commencement, which falls within the exclusivity period running through July 11, 2022 pursuant to the term sheet executed between the parties. To facilitate timely completion of the diligence process,

5. Point of Contact. We request that the Company identify a single point of contact for follow-up questions and supplemental requests arising during the due diligence process. We understand that Sandra Mikkelsen, General Counsel of Verdana, or her designee, will serve in this capacity. Please confirm.

6. Format of Production. All documents should be provided in native electronic format where available (e.g., Word, Excel, PDF). Scanned copies should be provided only where native electronic versions are not available. Please see the Closing Instructions at the end of this Request List for additional guidance regarding format and production requirements.

7. Privilege. We acknowledge that certain responsive materials may be subject to attorney-client privilege, work product protection, or other applicable privileges. Where the Company withholds responsive documents on the basis of privilege, we request that a privilege log be provided identifying each withheld document with sufficient specificity to permit evaluation of the privilege claim. Redacted versions of docume