Contract analysis

1. Gross Settlement Proceeds Received The aggregate gross settlement amount recovered on behalf of VHG is Forty-Seven Million Three Hundred Thousand Dollars ($47,300,000.00). This amount was received from four separate settling insurers in accordance with the payment provisions of the Settlement Agreement. We have confirmed receipt and clearance of each wire transfer as follows: Each of the foregoing wire transfers w

2. Deduction — Legal Fees 2.1 Hourly Fees Pursuant to the terms of the Engagement Letter dated August 30, 2022, as amended and supplemented by the Revised Fee & Staffing Memorandum dated January 10, 2023 (collectively, the "Fee Agreement"), Calderwood & Harkness LLP has billed VHG on an hourly basis for professional services rendered throughout this engagement. The blended hourly rate across all members of the engage

3. Deduction — Reimbursable Expenses Advanced Throughout the course of the engagement, Calderwood & Harkness LLP advanced certain costs and expenses on behalf of VHG, consistent with the reimbursement provisions set forth in Section 7 of the Engagement Letter. The total reimbursable expenses advanced by the firm are $412,000.00. A summary of the principal expense categories is set forth below: Expert Fees — Meridian

4. Net Settlement Proceeds Calculation Based on the foregoing, the net settlement proceeds payable to VHG are calculated as follows: Verification: $47,300,000.00 − $3,549,700.00 − $412,000.00 = $43,338,300.00 The net amount of Forty-Three Million Three Hundred Thirty-Eight Thousand Three Hundred Dollars ($43,338,300.00) is being held in the firm's trust account pending your confirmation of wire instructions and is av

5. Disbursement Instructions We respectfully request that VHG confirm or provide updated wire transfer instructions for the disbursement of the net proceeds of $43,338,300.00. For your convenience, we ask that the wire instructions include the following information: (a) Name of receiving bank and ABA routing number; (b) Account name and account number; (c) Any reference or memo information to be included on the wire;

6. Remaining Administrative Matters With respect to the formal disposition of the underlying litigation, please be advised that the Stipulation of Dismissal with Prejudice, executed by all parties in accordance with Section 4.2 of the Settlement Agreement, is being filed with the Clerk of the Eleventh Judicial Circuit Court on January 5, 2024. The accompanying Proposed Order of Dismissal has been submitted to the cha