[sheet: Invoice Summary]

Field	Value
Invoice Date	May 30, 2023
Invoice Number	INV-1032-00004-FINAL
From	Calderwood & Harkness LLP
Firm Address	1251 Avenue of the Americas, 40th Floor, New York, NY 10020
To	Meridian Consumer Brands LLC
Client Address	450 Park Avenue South, 14th Floor, New York, NY 10016
Attention	Thomas R. Hennessy, General Counsel
Matter Number	1011-00003
Billing Code	11470-001
Matter Description	Trademark Infringement & Coexistence Dispute — Meridian Consumer Brands LLC v. Brindoval Home Goods Inc., S.D.N.Y. Case No. 1:22-cv-09483; TTAB Opp. No. 91/278,415
Matter Open Date	September 26, 2022
Matter Close Date	May 30, 2023
Responsible Partner	Alan Ngo
Billing Partner	Marcus Delgado
Total Attorney Fees	$618,750.00
Total Disbursements	$102,840.00
Grand Total	$721,590.00
Payment Terms	Net 30 days from invoice date

[sheet: Attorney Fees Detail]

Timekeeper	Title / Role	Hourly Rate	Total Hours	Total Fees
Alan Ngo	Partner, intellectual Property (Responsible Partner)	$1,050.00	142	$149,100.00
Marcus Delgado	Partner, intellectual Property (Billing Partner)	$1,050.00	58	$60,900.00
Christy Bauer	Senior Associate, intellectual Property (Lead Associate)	$725.00	310	$224,750.00
Peter Vassiliev	Associate, intellectual Property (Working Associate)	$575.00	320	$184,000.00
TOTAL	830	$618,750.00

[sheet: Disbursements]

Item No.	Date Incurred	Category	Payee / Vendor	Description	Amount
1	October 5, 2022	Expert Fees	Lakeshore Brand Consulting LLC (Dr. Elaine Furman), 333 West Wacker Drive, Suite 1100, Chicago, IL 60606	Consumer confusion survey (Squirt / modified Eveready protocol, 612 respondents) and damages analysis per engagement letter dated October 5, 2022	$87,500.00
2	February 15, 2023	Mediation Fees	Novotny ADR Services LLC (Hon. Harold K. Novotny, Ret.), 140 Broadway, Suite 2810, New York, NY 10005	MCB's share (50%) of court-ordered mediation session on February 15, 2023 (total mediation fee: $25,000.00)	$12,500.00
3	October 14, 2022	Filing Fees	USPTO / Trademark Trial and Appeal Board	Filing fee — Notice of Opposition, TTAB Opp. No. 91/278,415 against Serial No. 97/412,558	$600.00
4	November 7, 2022	Filing Fees	U.S. District Court, Southern District of New York	Civil case filing fee — Complaint, Case No. 1:22-cv-09483	$402.00
5	November 18, 2022	Filing Fees	U.S. District Court, Southern District of New York	Motion filing — Motion for Preliminary Injunction	$0.00
6	November 2022	Service of Process	Process service vendor	Service of Summons and Complaint on Brindoval Home Goods Inc. via registered agent Northland Statutory Services Inc., 100 South Fifth Street, Minneapolis, MN 55402	$350.00
7	Various	Filing Fees / Miscellaneous Court Costs	Various	Additional filing fees, electronic filing charges, and certified copy fees (S.D.N.Y. and TTAB)	$1,488.00
TOTAL DISBURSEMENTS	$102,840.00

[sheet: Matter Financial Summary]

Line Item	Amount	Notes
Attorney Fees — Calderwood & Harkness LLP	$618,750.00	See Attorney Fees Detail sheet; 830 total hours across 4 timekeepers
Expert Fees — Lakeshore Brand Consulting LLC	$87,500.00	Consumer confusion survey and damages analysis
Mediation Fees — Novotny ADR Services LLC (MCB share)	$12,500.00	50% of $25,000 total; mediation held February 15, 2023
Filing Fees and Service Costs	$2,840.00	Court (S.D.N.Y.) and TTAB filing fees, process service
TOTAL MATTER COST TO MCB	$721,590.00	Sum of all costs above
Settlement Payment Received	$1,350,000.00	Per Trademark Coexistence Agreement dated May 15, 2023; one-time lump sum via escrow at Dralvecen National Bank (Patricia Dolan, Escrow Officer); released May 30, 2023
Less: Total Matter Cost	($721,590.00)
NET RECOVERY	$628,410.00	$1,350,000.00 − $721,590.00 = $628,410.00
Note: Additional Strategic Value	N/A	Coexistence Agreement provides prospective brand-protection value through channel restrictions (Brindoval retail and e-commerce only), product-category restrictions (IC 3 household cleaning only), mark modification (BRINDOVAL MERIDIAN FRESH with BRINDOVAL at ≥75% type size), permanent trade-dress changes, non-challenge covenant re U.S. Reg. Nos. 4,218,506, 5,034,771, and 5,589,320, and liquidated damages of $500,000 per occurrence per §9.2. Rebranding deadline: September 12, 2023 (120 days from execution).

[sheet: Timekeeper Rate Schedule]

Timekeeper Level	2022–2023 Hourly Rate	Applicable Timekeepers
Partner	$1,050.00	Alan Ngo (Responsible Partner); Marcus Delgado (Billing Partner)
Senior Associate	$725.00	Christy Bauer (Lead Associate)
Associate	$575.00	Peter Vassiliev (Working Associate)

[sheet: Invoice Summary]
Field | Value
Invoice Date | May 30, 2023
Invoice Number | INV-1032-00004-FINAL
From | Calderwood & Harkness LLP
Firm Address | 1251 Avenue of the Americas, 40th Floor, New York, NY 10020
To | Meridian Consumer Brands LLC
Client Address | 450 Park Avenue South, 14th Floor, New York, NY 10016
Attention | Thomas R. Hennessy, General Counsel
Matter Number | 1011-00003
Billing Code | 11470-001
Matter Description | Trademark Infringement & Coexistence Dispute — Meridian Consumer Brands LLC v. Brindoval Home Goods Inc., S.D.N.Y. Case No. 1:22-cv-09483; TTAB Opp. No. 91/278,415
Matter Open Date | September 26, 2022
Matter Close Date | May 30, 2023
Responsible Partner | Alan Ngo
Billing Partner | Marcus Delgado
Total Attorney Fees | $618,750.00
Total Disbursements | $102,840.00
Grand Total | $721,590.00
Payment Terms | Net 30 days from invoice date
[sheet: Attorney Fees Detail]
Timekeeper | Title / Role | Hourly Rate | Total Hours | Total Fees
Alan Ngo | Partner, intellectual Property (Responsible Partner) | $1,050.00 | 142 | $149,100.00
Marcus Delgado | Partner, intellectual Property (Billing Partner) | $1,050.00 | 58 | $60,900.00
Christy Bauer | Senior Associate, intellectual Property (Lead Associate) | $725.00 | 310 | $224,750.00
Peter Vassiliev | Associate, intellectual Property (Working Associate) | $575.00 | 320 | $184,000.00
TOTAL | 830 | $618,750.00
[sheet: Disbursements]
Item No. | Date Incurred | Category | Payee / Vendor | Description | Amount
1 | October 5, 2022 | Expert Fees | Lakeshore Brand Consulting LLC (Dr. Elaine Furman), 333 West Wacker Drive, Suite 1100, Chicago, IL 60606 | Consumer confusion survey (Squirt / modified Eveready protocol, 612 respondents) and damages analysis per engagement letter dated October 5, 2022 | $87,500.00
2 | February 15, 2023 | Mediation Fees | Novotny ADR Services LLC (Hon. Harold K. Novotny, Ret.), 140 Broadway, Suite 2810, New York, NY 10005 | MCB's share (50%) of court-ordered mediation session on February 15, 2023 (total mediation fee: $25,000.00) | $12,500.00
3 | October 14, 2022 | Filing Fees | USPTO / Trademark Trial and Appeal Board | Filing fee — Notice of Opposition, TTAB Opp. No. 91/278,415 against Serial No. 97/412,558 | $600.00
4 | November 7, 2022 | Filing Fees | U.S. District Court, Southern District of New York | Civil case filing fee — Complaint, Case No. 1:22-cv-09483 | $402.00
5 | November 18, 2022 | Filing Fees | U.S. District Court, Southern District of New York | Motion filing — Motion for Preliminary Injunction | $0.00
6 | November 2022 | Service of Process | Process service vendor | Service of Summons and Complaint on Brindoval Home Goods Inc. via registered agent Northland Statutory Services Inc., 100 South Fifth Street, Minneapolis, MN 55402 | $350.00
7 | Various | Filing Fees / Miscellaneous Court Costs | Various | Additional filing fees, electronic filing charges, and certified copy fees (S.D.N.Y. and TTAB) | $1,488.00
TOTAL DISBURSEMENTS | $102,840.00
[sheet: Matter Financial Summary]
Line Item | Amount | Notes
Attorney Fees — Calderwood & Harkness LLP | $618,750.00 | See Attorney Fees Detail sheet; 830 total hours across 4 timekeepers
Expert Fees — Lakeshore Brand Consulting LLC | $87,500.00 | Consumer confusion survey and damages analysis
Mediation Fees — Novotny ADR Services LLC (MCB share) | $12,500.00 | 50% of $25,000 total; mediation held February 15, 2023
Filing Fees and Service Costs | $2,840.00 | Court (S.D.N.Y.) and TTAB filing fees, process service
TOTAL MATTER COST TO MCB | $721,590.00 | Sum of all costs above
Settlement Payment Received | $1,350,000.00 | Per Trademark Coexistence Agreement dated May 15, 2023; one-time lump sum via escrow at Dralvecen National Bank (Patricia Dolan, Escrow Officer); released May 30, 2023
Less: Total Matter Cost | ($721,590.00)
NET RECOVERY | $628,410.00 | $1,350,000.00 − $721,590.00 = $628,410.00
Note: Additional Strategic Value | N/A | Coexistence Agreement provides prospective brand-protection value through channel restrictions (Brindoval retail and e-commerce only), product-category restrictions (IC 3 household cleaning only), mark modification (BRINDOVAL MERIDIAN FRESH with BRINDOVAL at ≥75% type size), permanent trade-dress changes, non-challenge covenant re U.S. Reg. Nos. 4,218,506, 5,034,771, and 5,589,320, and liquidated damages of $500,000 per occurrence per §9.2. Rebranding deadline: September 12, 2023 (120 days from execution).
[sheet: Timekeeper Rate Schedule]
Timekeeper Level | 2022–2023 Hourly Rate | Applicable Timekeepers
Partner | $1,050.00 | Alan Ngo (Responsible Partner); Marcus Delgado (Billing Partner)
Senior Associate | $725.00 | Christy Bauer (Lead Associate)
Associate | $575.00 | Peter Vassiliev (Working Associate)

[sheet: Invoice Summary]

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