Extract to table

All invoices shall be rendered at the blended cap rate regardless of the seniority or classification of the timekeeper performing the work, and in no event shall the effective blended rate for any billing period exceed $925 per hour across all timekeepers on the matter

Whitmore & Callahan LLP — Local Counsel Rates The Board acknowledges the following approved billing rates for local counsel: Local counsel fees and expenses shall be included within and counted against the overall authorized litigation budget of $18

Reporting and Oversight Requirements The Board imposes the following reporting and oversight requirements for the duration of the litigation, which the General Counsel shall communicate to Calderwood & Harkness LLP and ensure compliance with: 1

Calderwood & Harkness LLP shall prepare and deliver quarterly case status reports to the General Counsel and to Ridgeline Capital Partners, LP (Attention: Franklin Osei, Managing Partner)

Any individual expenditure or commitment exceeding Five Hundred Thousand Dollars ($500,000) that falls outside the approved phase allocations set forth in Section III above shall require the prior written approval of the General Counsel before the expenditure is incurred

The General Counsel shall promptly notify the Board of any such approval