[sheet: Cover]

Field	Value
Document Title	Billing Rate Schedule
Client	Ardent Capital Partners III LP
Client Address	399 Park Avenue, 42nd Floor, New York, NY 10022
Matter Description	Acquisition of Luminex Systems Holdings Inc. — Reverse Triangular Merger ($2,800,000,000)
Calderwood & Harkness LLP Matter No.	1001-00004
Responsible Partner	James Prentice
Billing Partner	Sandra Tung
Effective Date	March 10, 2025
Prepared By	Calderwood & Harkness LLP, 7 Times Square, New York, NY 10036
Confidentiality	Attorney-Client Privileged / Confidential

[sheet: Timekeeper Rates]

Timekeeper Name	Title / Position	Practice Group	Office Location	Standard Hourly Rate ($)	Discounted Hourly Rate ($)	Discount %	Primary Role on Matter	Estimated Hours	Estimated Fees ($)
James Prentice	Partner	Mergers & Acquisitions	New York	1850	1750	5.4%	Responsible Partner — overall transaction lead, merger agreement negotiation, deal structuring	350	612500
Sandra Tung	Partner	Mergers & Acquisitions	New York	1800	1700	5.6%	Billing Partner — transaction oversight, client relationship, merger agreement review	200	340000
Sylvia Hartwell	Partner	Tax	New York	1750	1650	5.7%	Specialist Partner — Section 338(h)(10) election analysis, Swiss withholding tax, transfer pricing restructuring, state & local tax, FIRPTA	275	453750
Elaine Forsythe	Partner	Antitrust & Competition	New York	1775	1675	5.6%	Specialist Partner — HSR filing, Second Request strategy, FTC engagement, antitrust risk assessment, Vectis overlap remedies analysis	300	502500
Ryan Kowalski	Senior Associate (Class of 2018)	Mergers & Acquisitions	New York	1150	1075	6.5%	Lead Associate — due diligence coordination, ancillary agreement drafting, closing checklist, financing documentation review, disclosure schedules	600	645000
Megan Chu	Associate (Class of 2021)	Mergers & Acquisitions	New York	950	885	6.8%	Working Associate — due diligence review, corporate organization analysis, regulatory filing coordination, consent tracker, document management	550	486750
TOTAL — Calderwood & Harkness Professional Fees	2275	3040500

Note: Rates reflect negotiated client discount of approximately 5–7% off standard Calderwood & Harkness 2025 rates. Additional timekeepers may be added by supplement. Estimated hours and fees are projections and actual amounts will depend on transaction complexity and timeline.

[sheet: Local Counsel Rates]

Firm Name	Lead Partner	Jurisdiction / Scope	Office Address	Partner Rate Range	Associate Rate Range	Engagement Currency	Estimated Budget
Breitfeld Hess & Partner AG	Dr. Lukas Breitfeld	Swiss foreign-investment (Lex Koller / SESTA), Swiss corporate matters, EU regulatory, Swiss competition (Sterling Reach Health IT), EU FSR notification	Talstrasse 62, 8001 Zürich, Switzerland	CHF 750–900/hr	CHF 450–650/hr	CHF	CHF 350,000–500,000
Wendt Schäfer Rechtsanwälte PartG mbB	Dr. Katarina Wendt	German corporate, employment, data privacy, Bundeskartellamt filing	Maximilianstrasse 35, 80539 Munich, Germany	€650–800/hr	€400–550/hr	EUR	€200,000–300,000
Tan Liang & Associates LLP	Kelvin Tan	Singapore corporate and regulatory matters	80 Raffles Place, #32-01, Singapore 048624	SGD 800–1,000/hr	SGD 500–700/hr	SGD	SGD 75,000–125,000

Note: Local counsel fees are billed separately by each firm and passed through to Ardent Capital Partners III LP at cost. Estimated budgets are provided for planning purposes only and are subject to change based on regulatory review scope, filing requirements, and transaction timeline.

[sheet: Fee Arrangements & Terms]

Term / Item	Detail
Engagement Effective Date	March 10, 2025
Billing Frequency	Monthly, net 30 days
Rate discount	Approximately 5–7% discount off standard Calderwood & Harkness rates, as reflected in the discounted Hourly Rate column on the Timekeeper Rates sheet
Annual Rate Adjustment	Rates subject to annual adjustment effective January 1 of each calendar year; current rates effective through December 31, 2025
Disbursements & Expenses	Billed at cost; includes travel, filing fees (e.g., HSR filing fee of $2,390,000 — charged to client separately), document production, courier, and database charges
Local Counsel Fees	Fees of Breitfeld Hess & Partner AG (Swiss/EU), Wendt Schäfer Rechtsanwälte PartG mbB (Germany), and Tan Liang & Associates LLP (Singapore) billed separately by each firm or passed through by Calderwood & Harkness at cost
Estimated Total Buyer Transaction Expenses	$62,000,000 (inclusive of all legal, advisory, financing, insurance, and filing costs; Calderwood & Harkness professional fees are a component of this total)
Estimated Calderwood & Harkness Professional Fees	Approximately $3,000,000–$3,500,000 (based on estimated hours; actual fees will depend on transaction complexity, regulatory review duration, and closing timeline)
Cap / Budget	No hard fee cap; Calderwood & Harkness will provide monthly budget updates and notify the client if estimated fees are expected to exceed $3,500,000
Alternative Fee Arrangements	None — standard hourly billing applies
Staffing Note	Additional associates, counsel, or paralegals may be assigned as needed; rates will be communicated to Ardent Capital in advance and added to this schedule via supplement

[sheet: Workstream Allocation]

Workstream	Key Timekeepers	Estimated Hours	Estimated Fees at discounted Rates ($)	% of Total Fees
Merger Agreement & Core Transaction Documents	J. Prentice, S. Tung, R. Kowalski, M. Chu	575	725000	23.8%
Due Diligence & Issue Memoranda	R. Kowalski, M. Chu, J. Prentice	425	475000	15.6%
Financing Documentation (Credit Agreement, Mezzanine, Intercreditor, Equity Commitment, Co-Invest)	J. Prentice, R. Kowalski, M. Chu	325	395000	13.0%
Antitrust & Regulatory (HSR, CFIUS, EU FSR, local counsel coordination)	E. Forsythe, M. Chu, R. Kowalski	400	530000	17.4%
Tax Structuring (§338(h)(10), Swiss WHT, Transfer Pricing, FIRPTA, State & Local)	S. Hartwell, R. Kowalski	300	470000	15.5%
Rollover & Equity Documents (Rollover Agreements, Stockholders Agreement, MIP, Employment Agreements)	J. Prentice, R. Kowalski, M. Chu	175	210000	6.9%
Insurance (R&W Policy, D&O Tail)	R. Kowalski, J. Prentice	50	60000	2.0%
Closing & Post-Closing (Checklist, Funds Flow, Certificates, Opinions)	R. Kowalski, M. Chu, J. Prentice, S. Tung	175	175500	5.8%
TOTAL — All Workstreams	2425	3040500	100.0%

[sheet: Cover]
Field | Value
Document Title | Billing Rate Schedule
Client | Ardent Capital Partners III LP
Client Address | 399 Park Avenue, 42nd Floor, New York, NY 10022
Matter Description | Acquisition of Luminex Systems Holdings Inc. — Reverse Triangular Merger ($2,800,000,000)
Calderwood & Harkness LLP Matter No. | 1001-00004
Responsible Partner | James Prentice
Billing Partner | Sandra Tung
Effective Date | March 10, 2025
Prepared By | Calderwood & Harkness LLP, 7 Times Square, New York, NY 10036
Confidentiality | Attorney-Client Privileged / Confidential
[sheet: Timekeeper Rates]
Timekeeper Name | Title / Position | Practice Group | Office Location | Standard Hourly Rate ($) | Discounted Hourly Rate ($) | Discount % | Primary Role on Matter | Estimated Hours | Estimated Fees ($)
James Prentice | Partner | Mergers & Acquisitions | New York | 1850 | 1750 | 5.4% | Responsible Partner — overall transaction lead, merger agreement negotiation, deal structuring | 350 | 612500
Sandra Tung | Partner | Mergers & Acquisitions | New York | 1800 | 1700 | 5.6% | Billing Partner — transaction oversight, client relationship, merger agreement review | 200 | 340000
Sylvia Hartwell | Partner | Tax | New York | 1750 | 1650 | 5.7% | Specialist Partner — Section 338(h)(10) election analysis, Swiss withholding tax, transfer pricing restructuring, state & local tax, FIRPTA | 275 | 453750
Elaine Forsythe | Partner | Antitrust & Competition | New York | 1775 | 1675 | 5.6% | Specialist Partner — HSR filing, Second Request strategy, FTC engagement, antitrust risk assessment, Vectis overlap remedies analysis | 300 | 502500
Ryan Kowalski | Senior Associate (Class of 2018) | Mergers & Acquisitions | New York | 1150 | 1075 | 6.5% | Lead Associate — due diligence coordination, ancillary agreement drafting, closing checklist, financing documentation review, disclosure schedules | 600 | 645000
Megan Chu | Associate (Class of 2021) | Mergers & Acquisitions | New York | 950 | 885 | 6.8% | Working Associate — due diligence review, corporate organization analysis, regulatory filing coordination, consent tracker, document management | 550 | 486750
TOTAL — Calderwood & Harkness Professional Fees | 2275 | 3040500
Note: Rates reflect negotiated client discount of approximately 5–7% off standard Calderwood & Harkness 2025 rates. Additional timekeepers may be added by supplement. Estimated hours and fees are projections and actual amounts will depend on transaction complexity and timeline.
[sheet: Local Counsel Rates]
Firm Name | Lead Partner | Jurisdiction / Scope | Office Address | Partner Rate Range | Associate Rate Range | Engagement Currency | Estimated Budget
Breitfeld Hess & Partner AG | Dr. Lukas Breitfeld | Swiss foreign-investment (Lex Koller / SESTA), Swiss corporate matters, EU regulatory, Swiss competition (Sterling Reach Health IT), EU FSR notification | Talstrasse 62, 8001 Zürich, Switzerland | CHF 750–900/hr | CHF 450–650/hr | CHF | CHF 350,000–500,000
Wendt Schäfer Rechtsanwälte PartG mbB | Dr. Katarina Wendt | German corporate, employment, data privacy, Bundeskartellamt filing | Maximilianstrasse 35, 80539 Munich, Germany | €650–800/hr | €400–550/hr | EUR | €200,000–300,000
Tan Liang & Associates LLP | Kelvin Tan | Singapore corporate and regulatory matters | 80 Raffles Place, #32-01, Singapore 048624 | SGD 800–1,000/hr | SGD 500–700/hr | SGD | SGD 75,000–125,000
Note: Local counsel fees are billed separately by each firm and passed through to Ardent Capital Partners III LP at cost. Estimated budgets are provided for planning purposes only and are subject to change based on regulatory review scope, filing requirements, and transaction timeline.
[sheet: Fee Arrangements & Terms]
Term / Item | Detail
Engagement Effective Date | March 10, 2025
Billing Frequency | Monthly, net 30 days
Rate discount | Approximately 5–7% discount off standard Calderwood & Harkness rates, as reflected in the discounted Hourly Rate column on the Timekeeper Rates sheet
Annual Rate Adjustment | Rates subject to annual adjustment effective January 1 of each calendar year; current rates effective through December 31, 2025
Disbursements & Expenses | Billed at cost; includes travel, filing fees (e.g., HSR filing fee of $2,390,000 — charged to client separately), document production, courier, and database charges
Local Counsel Fees | Fees of Breitfeld Hess & Partner AG (Swiss/EU), Wendt Schäfer Rechtsanwälte PartG mbB (Germany), and Tan Liang & Associates LLP (Singapore) billed separately by each firm or passed through by Calderwood & Harkness at cost
Estimated Total Buyer Transaction Expenses | $62,000,000 (inclusive of all legal, advisory, financing, insurance, and filing costs; Calderwood & Harkness professional fees are a component of this total)
Estimated Calderwood & Harkness Professional Fees | Approximately $3,000,000–$3,500,000 (based on estimated hours; actual fees will depend on transaction complexity, regulatory review duration, and closing timeline)
Cap / Budget | No hard fee cap; Calderwood & Harkness will provide monthly budget updates and notify the client if estimated fees are expected to exceed $3,500,000
Alternative Fee Arrangements | None — standard hourly billing applies
Staffing Note | Additional associates, counsel, or paralegals may be assigned as needed; rates will be communicated to Ardent Capital in advance and added to this schedule via supplement
[sheet: Workstream Allocation]
Workstream | Key Timekeepers | Estimated Hours | Estimated Fees at discounted Rates ($) | % of Total Fees
Merger Agreement & Core Transaction Documents | J. Prentice, S. Tung, R. Kowalski, M. Chu | 575 | 725000 | 23.8%
Due Diligence & Issue Memoranda | R. Kowalski, M. Chu, J. Prentice | 425 | 475000 | 15.6%
Financing Documentation (Credit Agreement, Mezzanine, Intercreditor, Equity Commitment, Co-Invest) | J. Prentice, R. Kowalski, M. Chu | 325 | 395000 | 13.0%
Antitrust & Regulatory (HSR, CFIUS, EU FSR, local counsel coordination) | E. Forsythe, M. Chu, R. Kowalski | 400 | 530000 | 17.4%
Tax Structuring (§338(h)(10), Swiss WHT, Transfer Pricing, FIRPTA, State & Local) | S. Hartwell, R. Kowalski | 300 | 470000 | 15.5%
Rollover & Equity Documents (Rollover Agreements, Stockholders Agreement, MIP, Employment Agreements) | J. Prentice, R. Kowalski, M. Chu | 175 | 210000 | 6.9%
Insurance (R&W Policy, D&O Tail) | R. Kowalski, J. Prentice | 50 | 60000 | 2.0%
Closing & Post-Closing (Checklist, Funds Flow, Certificates, Opinions) | R. Kowalski, M. Chu, J. Prentice, S. Tung | 175 | 175500 | 5.8%
TOTAL — All Workstreams | 2425 | 3040500 | 100.0%

[sheet: Cover]

Record

Parties

Dates

Amounts